LSBK
Income statement / Annual
Last year (2023), Lake Shore Bancorp, Inc.'s total revenue was $36.45 M,
an increase of 34.77% from the previous year.
In 2023, Lake Shore Bancorp, Inc.'s net income was $4.82 M.
See Lake Shore Bancorp, Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$36.45 M
|
$27.04 M
|
$25.18 M
|
$22.92 M
|
$21.56 M
|
$20.41 M
|
$19.43 M
|
$19.29 M
|
$17.54 M
|
$16.77 M
|
| Cost of Revenue |
$55,000.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Gross Profit |
$36.39 M |
$27.04 M |
$25.18 M |
$22.92 M |
$21.56 M |
$20.41 M |
$19.43 M |
$19.29 M |
$17.54 M |
$16.77 M |
| Gross Profit Ratio |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$12.37 M
|
$10.13 M
|
$10.84 M
|
$10.51 M
|
$10.45 M
|
$10.10 M
|
$9.29 M
|
$8.82 M
|
$8.48 M
|
$7.94 M
|
| Selling & Marketing
Expenses |
$578,000.00
|
$714,000.00
|
$602,000.00
|
$671,000.00
|
$708,000.00
|
$606,000.00
|
$596,000.00
|
$536,000.00
|
$362,000.00
|
$429,000.00
|
| Selling, General &
Administrative Expenses |
$12.95 M
|
$10.84 M
|
$11.44 M
|
$11.19 M
|
$11.15 M
|
$10.71 M
|
$9.89 M
|
$9.36 M
|
$8.84 M
|
$8.37 M
|
| Other Expenses |
-$7.67 M |
-$29.45 M |
-$29.15 M |
-$28.73 M |
-$27.97 M |
-$22.93 M |
-$4.46 M |
-$4.34 M |
$0.00 |
$0.00 |
| Operating Expenses |
$7.67 M |
-$18.61 M |
-$17.71 M |
-$17.54 M |
-$16.82 M |
-$12.22 M |
$4.46 M |
$4.34 M |
$13.08 M |
$12.82 M |
| Cost And Expenses |
$30.23 M |
-$18.61 M |
-$17.71 M |
-$17.54 M |
-$16.82 M |
-$12.22 M |
$17.51 M |
$17.31 M |
$13.08 M |
$12.82 M |
| Interest Income |
$33.76 M |
$26.75 M |
$24.66 M |
$24.34 M |
$24.27 M |
$21.54 M |
$19.41 M |
$17.52 M |
$17.59 M |
$17.88 M |
| Interest Expense |
$9.40 M |
$2.42 M |
$2.67 M |
$4.40 M |
$5.20 M |
$3.60 M |
$2.63 M |
$2.29 M |
$2.76 M |
$3.35 M |
| Depreciation &
Amortization |
$807,000.00
|
$856,000.00
|
$865,000.00
|
$840,000.00
|
$809,000.00
|
$774,000.00
|
$852,000.00
|
$865,000.00
|
$834,000.00
|
$750,000.00
|
| EBITDA |
$807,000.00
|
$9.29 M
|
$8.34 M
|
$6.22 M
|
$5.55 M
|
$8.96 M
|
$5.42 M
|
$5.16 M
|
$4.89 M
|
$4.48 M
|
| EBITDA Ratio |
0.02 |
0.34 |
0.33 |
0.27 |
0.26 |
0.44 |
0.28 |
0.27 |
0.28 |
0.27 |
| Operating Income Ratio
|
1
|
0.31
|
0.3
|
0.23
|
0.22
|
0.4
|
0.23
|
0.22
|
0.23
|
0.22
|
| Total Other
Income/Expenses Net |
$6.22 M
|
-$1.56 M
|
$7.48 M
|
$5.38 M
|
$4.74 M
|
-$3.60 M
|
$4.56 M
|
$4.29 M
|
-$288,000.00
|
-$283,000.00
|
| Income Before Tax |
$6.22 M |
$6.87 M |
$7.48 M |
$5.38 M |
$4.74 M |
$4.59 M |
$4.56 M |
$4.29 M |
$4.05 M |
$3.73 M |
| Income Before Tax Ratio
|
0.17
|
0.25
|
0.3
|
0.23
|
0.22
|
0.22
|
0.23
|
0.22
|
0.23
|
0.22
|
| Income Tax Expense |
$1.40 M |
$1.16 M |
$1.29 M |
$824,000.00 |
$655,000.00 |
$585,000.00 |
$1.19 M |
$775,000.00 |
$716,000.00 |
$567,000.00 |
| Net Income |
$4.82 M |
$5.71 M |
$6.19 M |
$4.56 M |
$4.09 M |
$4.00 M |
$3.38 M |
$3.52 M |
$3.34 M |
$3.16 M |
| Net Income Ratio |
0.13 |
0.21 |
0.25 |
0.2 |
0.19 |
0.2 |
0.17 |
0.18 |
0.19 |
0.19 |
| EPS |
0.82 |
0.97 |
1.05 |
0.77 |
0.68 |
0.66 |
0.55 |
0.58 |
0.57 |
0.55 |
| EPS Diluted |
0.82 |
0.97 |
1.05 |
0.77 |
0.68 |
0.66 |
0.55 |
0.58 |
0.56 |
0.55 |
| Weighted Average Shares
Out |
$5.86 M
|
$5.88 M
|
$5.89 M
|
$5.96 M
|
$6.00 M
|
$6.06 M
|
$6.11 M
|
$6.01 M
|
$5.86 M
|
$5.74 M
|
| Weighted Average Shares
Out Diluted |
$5.86 M
|
$5.88 M
|
$5.89 M
|
$5.96 M
|
$6.00 M
|
$6.06 M
|
$6.14 M
|
$6.06 M
|
$5.96 M
|
$5.74 M
|
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