Overview / Commentary
Lake Shore Savings Bank is headquartered in Dunkirk and is the 65th largest bank in the state of New York. It is also the 1,327th largest bank in the nation. It was established in 1891 and as of June of 2022, it had grown to 114 employees at 12 locations. Lake Shore Savings Bank has a B+ health rating.
Health
B+
Data as of Q2 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 30530 |
| Year Established | 1891 |
| Employees | 114 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.8% |
| Return on Equity - YTD | 7.05% |
| Annual Interest Income | $12.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $693.9MM$710.7MM |
| Loans | Q2 2022vs Q2 2021 | $547.2MM$546.4MM |
| Deposits | Q2 2022vs Q2 2021 | $584.8MM$592.4MM |
| Equity Capital | Q2 2022vs Q2 2021 | $75.6MM$82.1MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $6.7MM$6.5MM |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $2.8MM$2.6MM |
| Real Estate Owned | Q2 2022vs Q2 2021 | $269.00K$97.00K |
