Daniel Reininga - Lake Shore CEO

LSBK Stock  USD 11.53  0.08  0.69%   

CEO

Mr. Daniel P. Reininga is President, Chief Executive Officer, Director of Lake Shore Bancorp Inc. Mr. Reininga became President and Chief Executive Officer of Lake Shore, MHC, Lake Shore Bancorp and Lake Shore Savings on January 28, 2011. He previously served as the Executive Vice President and Chief Operating Officer of the Company, a position he held from January 1, 2010 through January 27, 2011. He served as Vice Chairman on the Board of the Company from 2003 until June 2010. Mr. Reininga served as President of G.H. Graf Realty Corporationrationration, Inc., a real estate investment company located in Dunkirk, New York that is involved in real estate development and leasing, from 1993 through December 2009. Mr. Reininga currently serves as the Chairman of the Board of G.H. Graf Realty Corporationrationration, Inc since 2011.
Age 65
Tenure 13 years
Professional MarksMBA
Address 31 East Fourth Street, Dunkirk, NY, United States, 14048
Phone716 366 4070
Webhttps://lakeshoresavings.com
Reininga has a BS degree from Allegheny College and a MBA degree from University of South Florida. He has completed the American Bankers Association course in Advanced Asset and Liability Management and is a graduate of the ABA Stonier National Graduate School of Banking. He has served as Chairman of a familyowned real estate investment company for over fifteen years. In connection with the familyowned business he was responsible for the financial and general management of seven small companies.

Lake Shore Management Efficiency

At this time, Lake Shore's Return On Tangible Assets are quite stable compared to the past year. Return On Capital Employed is expected to rise to 0.16 this year, although the value of Return On Assets will most likely fall to 0.01. At this time, Lake Shore's Total Current Liabilities is quite stable compared to the past year. Non Current Liabilities Total is expected to rise to about 161.9 M this year, although the value of Liabilities And Stockholders Equity will most likely fall to about 518.8 M. Lake Shore's management efficiency ratios could be used to measure how well Lake Shore manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 35.97 M in liabilities with Debt to Equity (D/E) ratio of 5.41, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Debt can assist Lake Shore until it has trouble settling it off, either with new capital or with free cash flow. So, Lake Shore's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Lake Shore Bancorp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Lake to invest in growth at high rates of return. When we think about Lake Shore's use of debt, we should always consider it together with cash and equity.

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Lake Shore Bancorp, Inc. operates as the savings and loan holding company for Lake Shore Savings Bank that provides banking products and services. The company was founded in 1891 and is headquartered in Dunkirk, New York. Lake Shore operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 104 people. Lake Shore Bancorp (LSBK) is traded on NASDAQ Exchange in USA. It is located in 31 East Fourth Street, Dunkirk, NY, United States, 14048 and employs 115 people. Lake Shore is listed under Thrifts & Mortgage Finance category by Fama And French industry classification.

Management Performance

Lake Shore Bancorp Leadership Team

Elected by the shareholders, the Lake Shore's board of directors comprises two types of representatives: Lake Shore inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Lake. The board's role is to monitor Lake Shore's management team and ensure that shareholders' interests are well served. Lake Shore's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Lake Shore's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jack Mehltretter, Independent Director
John McGrath, Director
Wendy Harrington, Corporate Secretary
Reginald Corsi, Independent Director
Nancy Yocum, Independent Director
Sharon Brautigam, Independent Director
Robert Cortellucci, Chief Officer
Kevin Sanvidge, Independent Director
Janinne Dugan, VP Officer
Steven Schiavone, Principal Accounting Officer, Controller
Jennifer CFE, Chief Officer
Daniel Reininga, CEO and President Director, Member of Asset/Liability Committee, CEO of Lake Shore Savings Bank and President of Lake Shore Savings Bank and Director of Lake Shore Savings Bank
Ronald Passafaro, Director
Susan Ballard, Independent Director
Taylor Gilden, Principal CFO
Mark Peters, Chief Mang
Nicole May, Compliance Officer
Tracy Bennett, Independent Director
Kim Liddell, President CEO
Brenda Mikolajczak, Assistant Director
Rachel Foley, CFO, Principal Accounting Officer, Treasurer, CFO of Lake Shore Savings Bank, Principal Accounting Officer of Lake Shore Savings Bank and Treasurer of Lake Shore Savings
Dylan Rubadeaux, Senior Officer
Jeffrey Werdein, Executive Vice President- Commercial Division
Gary Winger, Chairman of the Board
David Mancuso, Director
Beverly Sutton, VP of Banking Operations and Enterprise Risk Management
John Mehltretter, Director
Tamara Bellanti, Senior Resources
Melissa Sprague, Chief Officer

Lake Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Lake Shore a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Lake Shore Bancorp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Lake Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Lake Shore Bancorp Stock. Highlighted below are key reports to facilitate an investment decision about Lake Shore Bancorp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lake Shore Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the Lake Shore Bancorp information on this page should be used as a complementary analysis to other Lake Shore's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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When running Lake Shore's price analysis, check to measure Lake Shore's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lake Shore is operating at the current time. Most of Lake Shore's value examination focuses on studying past and present price action to predict the probability of Lake Shore's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lake Shore's price. Additionally, you may evaluate how the addition of Lake Shore to your portfolios can decrease your overall portfolio volatility.
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Is Lake Shore's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lake Shore. If investors know Lake will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lake Shore listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.41)
Earnings Share
0.7
Revenue Per Share
4.539
Quarterly Revenue Growth
(0.17)
Return On Assets
0.0057
The market value of Lake Shore Bancorp is measured differently than its book value, which is the value of Lake that is recorded on the company's balance sheet. Investors also form their own opinion of Lake Shore's value that differs from its market value or its book value, called intrinsic value, which is Lake Shore's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lake Shore's market value can be influenced by many factors that don't directly affect Lake Shore's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lake Shore's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lake Shore is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lake Shore's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.