Lake Shore Bancorp Inc. reported fourth-quarter earnings of $674,000, a 79 percent increase from the same three months of 2006.
The Dunkirk-based entity is the holding company for Lake Shore Savings Bank.
Net interest income rose 13 percent to $2.6 million.
Earnings in 2007 equaled the $1.8 million posted in 2006. Net interest income in 2007 fell 2.5 percent to $9.5 million.
http://www.bizjournals.com/buffalo/s...l?surround=lfn
People who wonder if the glass is half empty or full miss the point. The glass is refillable.
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