LSBK

Lake Shore Bancorp, Inc. operates as a mid-tier, federally chartered savings and loan holding company for Lake Shore Savings Bank (the Bank). The Bank consists of attracting retail deposits from the general public in the areas surrounding its branch offices and investing those deposits, together with funds generated from operations, primarily in commercial real estate loans, one-to four-family residential mortgage loans, home equity lines of credit and, to a lesser extent, commercial business loans, consumer loans, and investment securities. Its primary sources of funds for lending and investments are deposits, borrowings, receipts of principal and interest payments on loans and securities, proceeds from sales of loans or securities, and maturities and calls of investment securities. It has branches in Dunkirk, Fredonia, Jamestown, Westfield, Depew, East Amherst, Hamburg, Kenmore and Snyder. The Company operates through approximately 11 branches offices located in Western New York.