Lake Shore Bancorp (LSBK)

Net assets on the balance sheet as of June 2024 : $86.93 Million USD

According to Lake Shore Bancorp's latest financial reports the company has $86.93 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Lake Shore Bancorp - Net assets on balance sheet (from 2005 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$$81.18 M	-7.72%
2021-12-31	$$87.97 M	2.39%
2020-12-31	$$85.92 M	3.72%
2019-12-31	$$82.84 M	3.8%
2018-12-31	$$79.8 M	1.82%
2017-12-31	$$78.37 M	3.08%
2016-12-31	$$76.03 M	2.92%
2015-12-31	$$73.87 M	3.14%
2014-12-31	$$71.63 M	9.74%
2013-12-31	$$65.27 M	-2.56%
2012-12-31	$$66.98 M	4.75%
2011-12-31	$$63.94 M	15.83%
2010-12-31	$$55.21 M	-0.43%
2009-12-31	$$55.44 M	2.25%
2008-12-31	$$54.22 M	1.43%
2007-12-31	$$53.46 M	-0.52%
2006-12-31	$$53.74 M	91.99%
2005-12-31	$$27.99 M	4.01%
2004-12-31	$$26.91 M	7.89%
2003-12-31	$$24.94 M	4.2%
2002-12-31	$$23.94 M	10.31%
2001-12-31	$$21.7 M

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Lake Shore Bancorp (LSBK) - Net assets