UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
______________________________
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
______________________________
Date of report (Date of earliest event reported): April 29, 2015
LAKE SHORE BANCORP, inc.
(Exact name of registrant as specified in its charter)
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United States |
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000-51821 |
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20-4729288 |
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(State or other jurisdiction of incorporation) |
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(Commission File Number) |
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(IRS Employer Identification No.) |
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31 East Fourth Street, Dunkirk, NY 14048
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (716) 366-4070
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 2.02Results of Operations and Financial Condition.
Lake Shore Bancorp, Inc. (the “Company”) issued a press release on April 29, 2015 disclosing its results of operations and financial condition for the first quarter of 2015 and certain other information.
A copy of the press release is attached as Exhibit 99.1 hereto.
Item 8.01Other Events.
The Company issued a press release on April 29, 2015 announcing the declaration of a quarterly cash dividend of $0.07 per share on its outstanding common stock. The dividend is payable on May 22, 2015 to shareholders of record as of May 8, 2015.
Lake Shore, MHC (the “MHC”), which holds 3,636,875, or 60.7%, of the Company’s total outstanding stock, has elected to waive receipt of the dividend on its shares.
As the Company has previously disclosed, the MHC received the approval of its members (depositors of Lake Shore Savings Bank) and the non-objection of the Federal Reserve Bank of Philadelphia to waive the MHC’s receipt of cash dividends on its common stock up to $0.28 per share during the 12 month period ending February 3, 2016.
A copy of the press release is attached as Exhibit 99.1 hereto.
Item 9.01Financial Statements and Exhibits.
(d) Exhibits
99.1 Press release of Lake Shore Bancorp, Inc. dated April 29, 2015.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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LAKE SHORE BANCORP, inc. |
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By: |
/s/ Rachel A. Foley |
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Name: |
Rachel A. Foley |
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Title: |
Chief Financial Officer |
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Date: April 29, 2015
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