Lake Shore Bancorp Inc. $(LSBK)$, the holding company for Lake Shore Bank, announced its second quarter 2025 financial results, reporting an unaudited net income of $1.9 million, or $0.34 per diluted share. This represents an increase compared to the net income of $1.1 million, or $0.19 per diluted share, for the second quarter of 2024. For the first half of 2025, the company reported a net income of $3.0 million, or $0.53 per diluted share, compared to $2.1 million, or $0.36 per diluted share, for the same period in 2024. The improved financial performance in the second quarter of 2025 was driven by an increase in net interest income and non-interest income, alongside a decrease in non-interest expenses, attributed to strategic balance sheet management and efforts to optimize operating expenses and reduce reliance on wholesale funding. Additionally, on July 18, 2025, Lake Shore Bancorp completed a conversion from mutual to stock form and its related stock offering, resulting in the sale of approximately 4.95 million shares at $10.00 per share, generating gross proceeds of $49.5 million. The Bank also converted from a federal savings bank to a New York chartered commercial bank.