- Earnings per share of $0.17, an increase of 54.5% compared to $0.11 per share for the second quarter of 2010
- Net interest income of $3.8 million increased 11.5% compared to the prior year quarter
- Net interest margin improved by 13 basis points to 3.37%, compared to the linked first quarter of 2011
- Return on average equity measured 6.74%, an increase of 214 basis points compared to the prior year quarter
- The Bank’s nonperforming loans to total loans ratio of 0.92% remained significantly below the industry average
- Total assets of $483.4 million, a 0.9% increase since December 31, 2010
- Return on average assets of 0.81% for six months ended June 30, 2011, an increase of 18 basis points compared to the six month period ended June 30, 2010
Lake Shore Bancorp, Inc. Announces Increased Earnings For Second Quarter And Six Months Ended June 30, 2011
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