Lake Shore Bancorp, Inc. Announces 2022 Second Quarter and Year to Date Financial Results and Declares Dividend

DUNKIRK, N.Y., July 20, 2022 (GLOBE NEWSWIRE) -- Lake Shore Bancorp, Inc. (the “Company”) (NASDAQ: LSBK), the holding company for Lake Shore Savings Bank (the “Bank”), reported unaudited net income of $1.7 million, or $0.29 per diluted share, for the 2022 second quarter compared to net income of $1.0 million, or $0.17 per diluted share, for the 2021 second quarter. For the first six months of 2022, the Company reported unaudited net income of $2.75 million, or $0.47 per diluted share, as compared to $2.68 million, or $0.45 per diluted share, for the first six months of 2021.

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