Lake Shore Bancorp Inc
Lake Shore Bancorp, Inc. operates as the bank holding company for Lake Shore Bank that provides banking products and services in New York. The company accepts various deposit products, such as regular savings deposits, including Christmas Club and statement savings accounts; NOW accounts; money market savings and checking accounts; interest-bearing and non-interest bearing checking accounts, such… Read more
Lake Shore Bancorp Inc (LSBK) - Net Assets
Latest net assets as of September 2025: $139.31 Million USD
Based on the latest financial reports, Lake Shore Bancorp Inc (LSBK) has net assets worth $139.31 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($742.80 Million) and total liabilities ($603.50 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $139.31 Million |
| % of Total Assets | 18.75% |
| Annual Growth Rate | 6.37% |
| 5-Year Change | 4.59% |
| 10-Year Change | 21.65% |
| Growth Volatility | 128.87 |
Lake Shore Bancorp Inc - Net Assets Trend (2001–2024)
This chart illustrates how Lake Shore Bancorp Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Lake Shore Bancorp Inc (2001–2024)
The table below shows the annual net assets of Lake Shore Bancorp Inc from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $89.87 Million | +4.17% |
| 2023-12-31 | $86.27 Million | +6.27% |
| 2022-12-31 | $81.18 Million | -7.72% |
| 2021-12-31 | $87.98 Million | +2.39% |
| 2020-12-31 | $85.92 Million | -85.09% |
| 2019-12-31 | $576.22 Million | +622.04% |
| 2018-12-31 | $79.80 Million | +1.82% |
| 2017-12-31 | $78.38 Million | +3.08% |
| 2016-12-31 | $76.03 Million | +2.92% |
| 2015-12-31 | $73.88 Million | +3.14% |
| 2014-12-31 | $71.63 Million | +9.74% |
| 2013-12-31 | $65.27 Million | -2.56% |
| 2012-12-31 | $66.98 Million | +4.75% |
| 2011-12-31 | $63.95 Million | +15.83% |
| 2010-12-31 | $55.21 Million | -0.43% |
| 2009-12-31 | $55.45 Million | +2.25% |
| 2008-12-31 | $54.23 Million | +1.43% |
| 2007-12-31 | $53.47 Million | -0.52% |
| 2006-12-31 | $53.75 Million | +91.99% |
| 2005-12-31 | $28.00 Million | +4.01% |
| 2004-12-31 | $26.91 Million | +7.89% |
| 2003-12-31 | $24.95 Million | +4.20% |
| 2002-12-31 | $23.94 Million | +10.31% |
| 2001-12-31 | $21.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lake Shore Bancorp Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 8280500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $82.81 Million | 92.14% |
| Common Stock | $68.00K | 0.08% |
| Other Comprehensive Income | $-9.96 Million | -11.09% |
| Other Components | $16.96 Million | 18.87% |
| Total Equity | $89.87 Million | 100.00% |
Lake Shore Bancorp Inc Competitors by Market Cap
The table below lists competitors of Lake Shore Bancorp Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sajodongaone Co Ltd
KO:008040
|
$41.84 Million |
|
Chi Sheng Chemical
TWO:4111
|
$41.85 Million |
|
GIGANTE SALMON AS NK 1
F:96M
|
$41.88 Million |
|
LumenRadio AB
ST:LUMEN
|
$41.88 Million |
|
NEOWIZ HOLDINGS Corporation
KQ:042420
|
$41.81 Million |
|
Vivani Medical Inc.
NASDAQ:VANI
|
$41.81 Million |
|
Adler Group S.A
PINK:ADPPF
|
$41.80 Million |
|
Battalion Oil Corp
NYSE MKT:BATL
|
$41.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lake Shore Bancorp Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 86,273,000 to 89,868,000, a change of 3,595,000 (4.2%).
- Net income of 4,931,000 contributed positively to equity growth.
- Dividend payments of 1,082,000 reduced retained earnings.
- Share repurchases of 20,000 reduced equity.
- Other comprehensive income decreased equity by 579,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $4.93 Million | +5.49% |
| Dividends Paid | $1.08 Million | -1.2% |
| Share Repurchases | $20.00K | -0.02% |
| Other Comprehensive Income | $-579.00K | -0.64% |
| Other Changes | $345.00K | +0.38% |
| Total Change | $- | 4.17% |
Book Value vs Market Value Analysis
This analysis compares Lake Shore Bancorp Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.29x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 6.02x to 1.29x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | $2.54 | $15.26 | x |
| 2002-12-31 | $2.80 | $15.26 | x |
| 2003-12-31 | $2.92 | $15.26 | x |
| 2004-12-31 | $3.09 | $15.26 | x |
| 2005-12-31 | $3.27 | $15.26 | x |
| 2006-12-31 | $6.00 | $15.26 | x |
| 2007-12-31 | $6.39 | $15.26 | x |
| 2008-12-31 | $6.62 | $15.26 | x |
| 2009-12-31 | $6.94 | $15.26 | x |
| 2010-12-31 | $7.05 | $15.26 | x |
| 2011-12-31 | $8.28 | $15.26 | x |
| 2012-12-31 | $8.66 | $15.26 | x |
| 2013-12-31 | $8.43 | $15.26 | x |
| 2014-12-31 | $12.48 | $15.26 | x |
| 2015-12-31 | $12.39 | $15.26 | x |
| 2016-12-31 | $12.55 | $15.26 | x |
| 2017-12-31 | $12.76 | $15.26 | x |
| 2018-12-31 | $13.17 | $15.26 | x |
| 2019-12-31 | $13.80 | $15.26 | x |
| 2020-12-31 | $10.65 | $15.26 | x |
| 2021-12-31 | $11.03 | $15.26 | x |
| 2022-12-31 | $10.19 | $15.26 | x |
| 2023-12-31 | $10.87 | $15.26 | x |
| 2024-12-31 | $11.80 | $15.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lake Shore Bancorp Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.49%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.94%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 7.63x
- Recent ROE (5.49%) is below the historical average (5.60%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 9.50% | 96.18% | 0.01x | 9.86x | $-107.50K |
| 2002 | 9.34% | 111.47% | 0.01x | 9.94x | $-158.20K |
| 2003 | 6.04% | 72.70% | 0.01x | 12.17x | $-987.70K |
| 2004 | 8.10% | 29.15% | 0.02x | 12.25x | $-512.50K |
| 2005 | 7.34% | 11.54% | 0.05x | 11.92x | $-745.50K |
| 2006 | 3.38% | 9.29% | 0.06x | 6.59x | $-3.56 Million |
| 2007 | 3.40% | 8.81% | 0.06x | 6.69x | $-3.53 Million |
| 2008 | 2.71% | 6.53% | 0.06x | 7.52x | $-3.95 Million |
| 2009 | 3.90% | 9.77% | 0.05x | 7.68x | $-3.38 Million |
| 2010 | 5.51% | 13.02% | 0.05x | 8.68x | $-2.48 Million |
| 2011 | 5.75% | 16.41% | 0.05x | 7.64x | $-2.71 Million |
| 2012 | 5.41% | 16.73% | 0.04x | 7.20x | $-3.07 Million |
| 2013 | 5.73% | 18.08% | 0.04x | 7.39x | $-2.78 Million |
| 2014 | 4.41% | 15.70% | 0.04x | 6.81x | $-4.00 Million |
| 2015 | 4.52% | 16.45% | 0.04x | 6.41x | $-4.05 Million |
| 2016 | 4.62% | 16.28% | 0.04x | 6.43x | $-4.09 Million |
| 2017 | 4.31% | 15.31% | 0.04x | 6.62x | $-4.46 Million |
| 2018 | 5.01% | 16.66% | 0.04x | 6.84x | $-3.98 Million |
| 2019 | 4.93% | 15.27% | 0.04x | 7.37x | $-4.20 Million |
| 2020 | 5.30% | 16.68% | 0.04x | 7.99x | $-4.03 Million |
| 2021 | 7.03% | 22.22% | 0.04x | 8.11x | $-2.61 Million |
| 2022 | 7.03% | 19.38% | 0.04x | 8.62x | $-2.41 Million |
| 2023 | 5.59% | 13.25% | 0.05x | 8.40x | $-3.81 Million |
| 2024 | 5.49% | 12.94% | 0.06x | 7.63x | $-4.06 Million |
Industry Comparison
This section compares Lake Shore Bancorp Inc's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $16,924,188,763
- Average return on equity (ROE) among peers: 8.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lake Shore Bancorp Inc (LSBK) | $139.31 Million | 9.50% | 4.33x | $41.82 Million |
| Ameris Bancorp (ABCB) | $293.77 Million | 7.18% | 9.19x | $4.91 Billion |
| ACNB Corporation (ACNB) | $49.44 Million | 14.38% | 8.56x | $474.47 Million |
| Addiko Bank AG (ADBKF) | $851.70 Million | 0.16% | 5.94x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $117.10 Million | 6.09% | 5.76x | $79.30 Million |
| Absa Group Limited (AGRPF) | $85.20 Billion | 14.06% | 10.26x | $6.72 Billion |
| AIB Group plc (AIBGY) | $13.66 Billion | 4.74% | 8.36x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $62.92 Billion | 9.95% | 6.60x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $5.78 Billion | 1.48% | 10.55x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $18.00 Million | 9.85% | 14.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $342.89 Million | 16.92% | 10.27x | $248.47 Million |