GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Lake Shore Bancorp Inc (NAS:LSBK) » Definitions » Equity-to-Asset

Lake Shore Bancorp (Lake Shore Bancorp) Equity-to-Asset : 0.12 (As of Dec. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Lake Shore Bancorp Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Lake Shore Bancorp's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $86.27 Mil. Lake Shore Bancorp's Total Assets for the quarter that ended in Dec. 2023 was $725.12 Mil. Therefore, Lake Shore Bancorp's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.12.

The historical rank and industry rank for Lake Shore Bancorp's Equity-to-Asset or its related term are showing as below:

LSBK' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.12   Med: 0.14   Max: 0.16
Current: 0.12

During the past 13 years, the highest Equity to Asset Ratio of Lake Shore Bancorp was 0.16. The lowest was 0.12. And the median was 0.14.

LSBK's Equity-to-Asset is ranked better than
75.38% of 1466 companies
in the Banks industry
Industry Median: 0.09 vs LSBK: 0.12

Lake Shore Bancorp Equity-to-Asset Historical Data

The historical data trend for Lake Shore Bancorp's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Lake Shore Bancorp Equity-to-Asset Chart

Lake Shore Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.13 0.12 0.12 0.12

Lake Shore Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.11 0.12 0.12 0.12 0.12

Competitive Comparison of Lake Shore Bancorp's Equity-to-Asset

For the Banks - Regional subindustry, Lake Shore Bancorp's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lake Shore Bancorp's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Lake Shore Bancorp's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Lake Shore Bancorp's Equity-to-Asset falls into.



Lake Shore Bancorp Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Lake Shore Bancorp's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=86.273/725.118
=0.12

Lake Shore Bancorp's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=86.273/725.118
=0.12

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Lake Shore Bancorp  (NAS:LSBK) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Lake Shore Bancorp Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Lake Shore Bancorp's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Lake Shore Bancorp (Lake Shore Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
31 East Fourth Street, Dunkirk, NY, USA, 14048
Lake Shore Bancorp Inc operates as a savings and loan holdings company. The bank's business 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 revenues are principally derived from interest earned on loans and investment securities.
Executives
Kim C Liddell Dir., Pres. and CEO of Bank, other: Dir., Pres. and CEO of Bank 31 EAST FOURTH STREET, DUNKIRK NY 14048
Ronald J Passafaro director 31 EAST FOURTH STREET, DUNKIRK NY 14048
Kevin M. Sanvidge director, other: Chairman of the Board 128 EAST FOURTH STREET, DUNKIRK NY 14048
Ann M Segarra director 31 EAST FOURTH STREET, DUNKIRK NY 14048
Taylor Gilden officer: Chief Financial Officer 31 EAST FOURTH STREET, DUNKIRK NY 14048
John L Mehltretter director 31 EAST FOURTH STREET, DUNKIRK NY 14048
Jennifer L Zatkos officer: Chief Operating Officer 31 EAST FOURTH STREET, DUNKIRK NY 14048
Robert V Cortellucci officer: Chief Technology Officer 31 EAST FOURTH STREET, DUNKIRK NY 14048
Michelle M Debergalis director 31 EAST FOURTH STREET, DUNKIRK NY 14048
Catharine M Young director 31 EAST FOURTH STREET, DUNKIRK NY 14048
Tracy Steve Bennett director 125 EAST FOURTH STREET, DUNKIRK NY 14048
John P Mcgrath director 31 EAST FOURTH STREET, DUNKIRK NY 14048
Daniel P Reininga director, officer: President and CEO 125 EAST FOURTH STREET, DUNKIRK NY 14048
Jeffrey M. Werdein officer: EVP-Commercial Division 31 EAST FOURTH STREET, DUNKIRK NY 14048
Beverly Sutton officer: Internal Auditor 31 EAST FOURTH STREET, DUNKIRK NY 14048