Lake Shore Bank: how it compares with its peers
Against 36 NY banks with half to twice its assets, Lake Shore Bank's strongest measure in Q2 2026 is return on assets (1.13% vs. a 0.75% peer median). Its weakest relative measure is efficiency ratio (65.73% vs. 72.88%).
| Measure | Lake Shore Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.13% | 0.75% | Top third Ahead of 72% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.00% | 3.64% | Top third Ahead of 69% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 65.73% | 72.88% | Middle third Ahead of 64% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $8.8M | $7.4M | Top third Ahead of 70% of peers |
| Loans to deposits Net loans and leases over total deposits. | 93.20% | 83.59% | Context |
What it means for lending operations
Its efficiency ratio of 65.73% is better than the 72.88% peer median. Banks that already run lean usually find their next gains in loan growth: faster digital applications and fewer borrowers abandoning a slow document chase.
Banks closest in size
- First National Bank of Scotia Scotia, NY · $719M
- Jeff Bank, National Association Jeffersonville, NY · $686M
- Geddes Federal Savings and Loan Association Syracuse, NY · $686M
- Quontic Bank Astoria, NY · $787M
- Carver Federal Savings Bank New York, NY · $658M
- Modern Bank, National Association New York, NY · $649M
Questions about Lake Shore Bank
How big is Lake Shore Bank?
Lake Shore Bank, established in 1891, is headquartered in Dunkirk, NY. It reported $736M in total assets in its Q2 2026 FDIC call report and operates 11 offices.
What is Lake Shore Bank's return on assets?
1.13% annualized in Q2 2026, against a 0.75% median for 36 NY banks with half to twice its assets, ahead of 72% of them.
What is Lake Shore Bank's efficiency ratio?
65.73% in Q2 2026: it spent about 66 cents in noninterest expense for each dollar of revenue. The peer median is 72.88%, and lower is better.
Is Lake Shore Bank growing its loans?
Net loans grew 1.1% over the year to Q2 2026, while deposits shrank 5.0%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are NY banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every New York bank ranked.