v3.26.1
Consolidated Statements of Stockholders' Equity - USD ($)
Total
Common Stock [Member]
Additional Paid-In Capital [Member]
Treasury Stock [Member]
Unearned Shares Held by ESOP [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Beginning Balance at Dec. 31, 2023 $ 86,273,000 $ 68,000 $ 31,417,000 $ (13,760,000) $ (1,023,000) $ 78,956,000 $ (9,385,000)
Net Income (Loss) 4,931,000         4,931,000  
Other comprehensive income (loss), net of tax expense (benefit) (579,000)           (579,000)
ESOP shares earned 99,000   14,000   85,000    
Compensation plan shares granted     (491,000) 491,000      
Compensation plan shares forfeited     15,000 (15,000)      
Compensation plan shares earned 246,000   246,000        
Common stock repurchased to authorized and unissued or treasury on vesting for payroll taxes (20,000)     (20,000)      
Cash dividends declared (1,082,000)         (1,082,000)  
Ending Balance at Dec. 31, 2024 89,868,000 68,000 31,201,000 (13,304,000) (938,000) 82,805,000 (9,964,000)
Net Income (Loss) 7,269,000         7,269,000  
Other comprehensive income (loss), net of tax expense (benefit) 2,261,000           2,261,000
ESOP shares earned 263,000   76,000   187,000    
Compensation plan shares granted     (256,000) 256,000      
Compensation plan shares earned 295,000   295,000        
Common stock repurchased to authorized and unissued or treasury on vesting for payroll taxes (53,000)   (2,000) (51,000)      
Cash dividends declared (1,676,000)         (1,676,000)  
Lake Shore, MHC shares sold in public offering, net of offering costs 34,097,000 10,000 34,087,000        
Purchase by ESOP (3,960,000)       (3,960,000)    
Treasury stock retired 13,099,000     13,099,000      
Contribution from Lake Shore, MHC 176,000   176,000        
Ending Balance at Dec. 31, 2025 $ 141,639,000 $ 78,000 $ 65,577,000 $ 0 $ (4,711,000) $ 88,398,000 $ (7,703,000)