Lake Shore Bancorp, Inc. (LSBK) Balance Sheet
LSBK balance sheet, 2025
December 31, 2025 · U.S. dollars$727.3M assets = $585.7M liabilities + $141.6M equity
Both columns are drawn to the same scale: what LSBK owns equals what it owes plus shareholders’ equity. Hover a block for its value.
LSBK financial health
Descriptive bands, not a rating. Fiscal 2025.
LSBK balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $489.2M2016 | $727.3M2025 | +4.5%/yr | |
| Total liabilities | $413.1M2016 | $585.7M2025 | +4.0%/yr | |
| Shareholders’ equity | $76.0M2016 | $141.6M2025 | +7.2%/yr | |
| Cash & short-term investments | $101.3M2016 | $116.8M2025 | +1.6%/yr | |
| Total debt | $20.8M2016 | $1.3M2025 | −26.3%/yr | |
| Net cash (debt) | $80.5M2016 | $115.5M2025 | +$35.0M | |
| Working capital | $231.0M2016 | $64.0M2025 | −$167.0M | |
| Book value per share | $12.552016 | $19.042025 | +4.7%/yr | |
| Debt / equity | 0.272016 | 0.012025 | −0.26 | |
| Shares outstanding | 6.1M2016 | 7.4M2025 | +2.3%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
LSBK assets
LSBK liabilities and equity
LSBK debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
LSBK balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $116.8M | $89.6M | $114.2M | $82.7M | $156.4M | $122.2M | $101.5M | $98.3M | $94.7M | $101.3M |
| Cash & equivalents | $64.3M | $33.1M | $53.7M | $9.6M | $67.6M | $43.0M | $30.3M | $12.1M | $40.9M | $45.5M |
| Short-term investments | $52.5M | $56.5M | $60.4M | $73.0M | $88.8M | $79.2M | $71.2M | $86.2M | $80.4M | $86.3M |
| Receivables | $3.0M | $2.8M | $2.8M | $2.8M | $2.5M | $3.0M | $2.2M | $1.9M | $1.8M | $1.6M |
| Inventory | $0 | $0 | −$504.9M | $60.5M | −$70.2M | −$46.0M | −$33.2M | −$33.3M | $315.3M | $272.0M |
| Other current assets | $0 | $0 | $504.9M | $0 | $70.2M | $46.0M | $33.2M | $33.3M | $43.1M | $47.5M |
| Total current assets | $64.3M | $92.4M | $117.0M | $85.5M | $158.9M | $125.2M | $103.6M | $100.2M | $455.0M | $422.4M |
| Property, plant & equipment (net) | $7.0M | $7.2M | $7.9M | $8.3M | $8.7M | $9.0M | $9.4M | $9.4M | $9.4M | $8.7M |
| Goodwill & intangible assets | $0 | $177,000 | $191,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $52.5M | $56.5M | $60.4M | $73.0M | $88.8M | $79.3M | $470.8M | $86.2M | $80.4M | $86.3M |
| Other non-current assets | $603.5M | $529.2M | $539.6M | $533.1M | $457.3M | $472.7M | $27.0M | $349.9M | $0 | $0 |
| Total assets | $727.3M | $685.5M | $725.1M | $699.9M | $713.7M | $686.2M | $610.9M | $545.7M | $519.0M | $489.2M |
| Liabilities | ||||||||||
| Accounts payable | — | — | $1 | $9.3M | $593.7M | $560.3M | $1 | $432.5M | $405.2M | $385.9M |
| Short-term debt | — | — | $25.3M | $12.6M | $2.3M | $7.9M | $6.2M | $6.4M | $3.9M | $1.9M |
| Deferred revenue | — | — | $3.3M | $3.3M | $3.2M | $3.2M | $3.2M | $3.1M | $3.0M | $3.2M |
| Total current liabilities | $320,000 | $573.0M | $590.9M | $582.7M | $593.2M | $560.3M | $268.8M | $234.9M | $210.7M | $191.4M |
| Long-term debt | $0 | $10.2M | $35.2M | $24.9M | $21.9M | $29.8M | $34.6M | $24.6M | $26.9M | $18.9M |
| Lease obligations | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Other long-term liabilities | $585.4M | $12.4M | $12.7M | $11.1M | $10.6M | $10.3M | $0 | $0 | $0 | $0 |
| Total liabilities | $585.7M | $595.6M | $638.8M | $618.7M | $625.8M | $600.3M | $34.6M | $465.9M | $440.6M | $413.1M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $78,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 |
| Retained earnings (deficit) | $88.4M | $82.8M | $79.0M | $74.9M | $70.6M | $65.5M | $62.0M | $59.1M | $56.2M | $53.5M |
| Treasury stock | — | — | — | — | — | −$11.6M | −$10.2M | −$8.8M | −$7.3M | −$7.3M |
| Accumulated other comprehensive income | −$7.7M | −$10.0M | −$9.4M | −$10.3M | $978,000 | $2.1M | $1.3M | $129,000 | $791,000 | $1.4M |
| Minority interest | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Total shareholders' equity | $141.6M | $89.9M | $86.3M | $81.2M | $88.0M | $85.9M | $576.2M | $79.8M | $78.4M | $76.0M |
| Key figures | ||||||||||
| Total debt | $1.3M | $10.2M | $35.2M | $37.5M | $21.9M | $29.8M | $40.9M | $31.0M | $30.9M | $20.8M |
| Net cash (debt) | $115.5M | $79.4M | $78.9M | $45.1M | $134.4M | $92.5M | $60.6M | $67.3M | $63.8M | $80.5M |
| Working capital | $64.0M | −$480.5M | −$473.9M | −$497.2M | −$434.3M | −$435.1M | −$165.1M | −$134.7M | $244.3M | $231.0M |
| Tangible book value | $141.6M | $89.7M | $86.1M | $81.2M | $88.0M | $85.9M | $576.2M | $79.8M | $78.4M | $76.0M |
| Book value per share | $19.04 | $11.80 | $10.87 | $10.19 | $11.03 | $10.65 | $96.00 | $13.17 | $12.76 | $12.55 |
| Shares outstanding | 7.4M | 7.6M | 7.9M | 8.0M | 8.0M | 8.1M | 6.0M | 6.1M | 6.1M | 6.1M |
| Current ratio | 200.88 | 0.16 | 0.20 | 0.15 | 0.27 | 0.22 | 0.39 | 0.43 | 2.16 | 2.21 |
| Quick ratio | 374.45 | 0.16 | 0.20 | 0.15 | 0.27 | 0.22 | 0.39 | 0.43 | 0.46 | 0.54 |
| Debt / equity | 0.01 | 0.11 | 0.41 | 0.46 | 0.25 | 0.35 | 0.07 | 0.39 | 0.39 | 0.27 |
| Equity / assets | 19.5% | 13.1% | 11.9% | 11.6% | 12.3% | 12.5% | 94.3% | 14.6% | 15.1% | 15.5% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $56.6M | $112.3M | $116.8M | $131.3M | $123.1M | $82.3M | $89.6M | $108.8M | $118.3M | $113.6M | $114.2M | $103.9M |
| Cash & equivalents | $3.1M | $61.6M | $64.3M | $83.6M | $75.4M | $30.4M | $33.1M | $50.0M | $61.0M | $55.0M | $53.7M | $46.0M |
| Short-term investments | $49.5M | $50.7M | $52.5M | $47.7M | $47.7M | $51.9M | $56.5M | $58.8M | $57.3M | $58.7M | $60.4M | $57.9M |
| Receivables | $3.0M | $3.0M | $3.0M | $3.0M | $2.9M | $2.9M | $2.8M | $2.9M | $2.8M | $3.0M | $2.8M | $2.9M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$608.2M | −$613.4M | $50.9M | −$616.7M |
| Other current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $608.2M | $613.4M | $0 | $616.7M |
| Total current assets | $6.0M | $115.3M | $119.8M | $134.3M | $126.0M | $85.2M | $92.4M | $111.7M | $121.1M | $116.6M | $117.0M | $106.8M |
| Property, plant & equipment (net) | $6.9M | $6.9M | $7.0M | $7.2M | $7.3M | $7.3M | $7.2M | $7.3M | $7.5M | $7.7M | $7.9M | $8.0M |
| Goodwill & intangible assets | $0 | $0 | $0 | $169,000 | $172,000 | $175,000 | $177,000 | $180,000 | $184,000 | $0 | $191,000 | $0 |
| Long-term investments | $49.5M | $50.7M | $52.5M | $47.9M | $47.9M | $52.0M | $56.5M | $58.8M | $57.3M | $58.7M | $60.4M | $58.0M |
| Other non-current assets | $674.3M | $549.1M | $547.9M | $553.1M | $553.4M | $544.2M | $529.2M | $519.7M | $524.9M | $534.6M | $539.6M | $540.7M |
| Total assets | $736.7M | $722.0M | $727.3M | $742.8M | $734.8M | $689.0M | $685.5M | $697.6M | $711.0M | $717.6M | $725.1M | $713.6M |
| Liabilities | ||||||||||||
| Accounts payable | — | — | — | — | — | — | — | — | — | — | $1 | — |
| Short-term debt | — | — | — | — | — | — | $8.6M | — | — | — | $25.3M | — |
| Deferred revenue | — | — | — | — | — | — | — | — | $3.4M | $2.4M | $3.3M | $2.2M |
| Total current liabilities | $578.2M | $566.6M | $573.3M | $590.3M | $627.5M | $582.7M | $573.0M | $587.6M | $589.4M | $594.7M | $590.9M | $584.2M |
| Long-term debt | $0 | $0 | $0 | $2.0M | $2.0M | $4.0M | $10.2M | $10.2M | $23.2M | $25.2M | $35.2M | $36.5M |
| Other long-term liabilities | $591.9M | $13.0M | $12.4M | $11.2M | $12.5M | $11.6M | $12.4M | $9.9M | $11.5M | $11.1M | $12.7M | $11.1M |
| Total liabilities | $591.9M | $579.6M | $585.7M | $603.5M | $642.0M | $598.3M | $595.6M | $607.7M | $624.1M | $631.1M | $638.8M | $631.7M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $79,000 | $79,000 | $78,000 | $78,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 |
| Retained earnings (deficit) | $91.2M | $89.7M | $88.4M | $87.1M | $85.4M | $83.5M | $82.8M | $81.7M | $80.7M | $80.0M | $79.0M | $78.2M |
| Accumulated other comprehensive income | −$7.7M | −$8.4M | −$7.7M | −$9.0M | −$9.7M | −$10.0M | −$10.0M | −$8.7M | −$10.6M | −$10.2M | −$9.4M | −$13.0M |
| Total shareholders' equity | $144.8M | $142.4M | $141.6M | $139.3M | $92.9M | $90.7M | $89.9M | $89.9M | $86.9M | $86.5M | $86.3M | $81.9M |
| Key figures | ||||||||||||
| Total debt | — | — | $1.3M | $2.0M | $2.0M | $4.0M | $10.2M | $10.2M | $23.2M | $25.2M | $35.2M | $36.5M |
| Net cash (debt) | — | — | $115.5M | $129.3M | $121.1M | $78.3M | $79.4M | $98.5M | $95.0M | $88.4M | $78.9M | $67.5M |
| Working capital | −$572.2M | −$451.3M | −$453.5M | −$456.0M | −$501.5M | −$497.5M | −$480.5M | −$475.9M | −$468.3M | −$478.1M | −$473.9M | −$477.3M |
| Tangible book value | $144.8M | $142.4M | $141.6M | $139.1M | $92.7M | $90.5M | $89.7M | $89.7M | $86.7M | $86.5M | $86.1M | $81.9M |
| Book value per share | $19.32 | $19.25 | $19.04 | $18.21 | $12.14 | $11.84 | $11.56 | $11.76 | $10.90 | $10.92 | $11.20 | $10.33 |
| Shares outstanding | 7.5M | 7.4M | 7.4M | 7.7M | 7.7M | 7.7M | 7.8M | 7.6M | 8.0M | 7.9M | 7.7M | 7.9M |
| Current ratio | 0.01 | 0.20 | 0.21 | 0.23 | 0.20 | 0.15 | 0.16 | 0.19 | 0.21 | 0.20 | 0.20 | 0.18 |
| Quick ratio | 0.10 | 0.20 | 0.21 | 0.23 | 0.20 | 0.15 | 0.16 | 0.19 | 0.21 | 0.20 | 0.20 | 0.18 |
| Debt / equity | — | — | 0.01 | 0.01 | 0.02 | 0.04 | 0.11 | 0.11 | 0.27 | 0.29 | 0.41 | 0.45 |
| Equity / assets | 19.7% | 19.7% | 19.5% | 18.8% | 12.6% | 13.2% | 13.1% | 12.9% | 12.2% | 12.1% | 11.9% | 11.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed January 22, 2026); data from EODHD.
LSBK financial position
At the end of fiscal 2025 (December 31, 2025), Lake Shore Bancorp had total assets of $727.3 million (up 6.1% from a year earlier), total liabilities of $585.7 million and shareholders' equity of $141.6 million. It held $116.8 million in cash and short-term investments against $1.3 million of debt, a net cash position of $115.5 million. Its current ratio was 200.88. In the latest quarter (ended June 30, 2026) total assets were $736.7 million and equity $144.8 million.
Related: LSBK income statement, LSBK cash flow statement, LSBK key metrics. See the LSBK stock overview for the latest quote and news.
LSBK balance sheet FAQ
What are Lake Shore Bancorp's total assets?
Lake Shore Bancorp reported total assets of $727.3 million at the end of fiscal 2025 (December 31, 2025), compared with $685.5 million a year earlier.
How much debt does Lake Shore Bancorp have?
Lake Shore Bancorp had $1.3 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.01.
How much cash does Lake Shore Bancorp have?
Lake Shore Bancorp held $116.8 million in cash and short-term investments at the end of fiscal 2025; with $1.3 million of debt that is net cash of $115.5 million.
What is Lake Shore Bancorp's book value?
Lake Shore Bancorp's shareholders' equity (book value) was $141.6 million at the end of fiscal 2025, or $19.04 per share.
What is Lake Shore Bancorp's current ratio?
Lake Shore Bancorp had current assets of $64.3 million and current liabilities of $0.3 million, a current ratio of 200.88 (it can cover its short-term obligations).