Lake Shore Bancorp, Inc. (Lake Shore Bancorp) is a savings and loan holding company. The Company is a bank holding company of Lake Shore Savings Bank (Lake Shore Savings or the Bank). The Company�s principal business consists of attracting retail deposits from the general public in the areas surrounding its corporate headquarters and main office in Dunkirk, New York and nine other branch offices in Chautauqua and Erie Counties, New York and investing those deposits, together with funds generated from operations, primarily in one- to four-family residential mortgage loans, commercial real estate loans, home equity loans and lines of credit and, to a lesser extent, commercial business loans, consumer loans, and investment securities. During the year ended December 31, 2011, the Company had six automated teller machines (ATMs). In November 2012, the Bank purchased the former First Niagara Bank branch office located at 4950 Main Street in Snyder, New York.