# LAKE SHORE
ANGOLA, NY · NCUA charter 17878 · asset band <$50M · latest filing 2025-06 · stopped filing after 2025-06 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/lake-shore-17878

Who the members are: federal charter, community charter, organized 1967, low-income designated. 3,158 members of 30,000 potential (10.5% of the field); checking penetration 66% (share draft accounts per 100 members); loans per 100 members 33.

**Verdict on the desk:** this could be *liquidity-rich*. Composite score 1 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $22.4M |
| Members | 3,158 (-0.2% YoY) |
| Full-time staff | 4 |
| Net worth | $3.2M |
| Net worth ratio | 14.3% (p48 of band) |
| ROA (annualized) | 2.42% (p95 of band) |
| Total delinquency | 0.63% (p48 of band) |
| Net charge-offs (annualized) | -0.14% (p6 of band) |
| Loans / shares | 42% (p24 of band) |
| Cash / assets | 20.0% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.60% (p38 of band) |
| Operating expense / assets | 3.58% (p52 of band) |
| Vehicles % of loans | 59% (p45 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 0.00% (p15 of band) |
| Vehicle NCO | 0.00% (p28 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 19% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 15% |
| Commercial % of net worth | 2% |
| Core shares % of member funds | 100% |
| Certificates % of member funds | 0% |
| Average share balance | $3,327 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 33% |
| Loans granted per 100 members, annualized | 4% |
| Average loan balance | $7,751 |
| Loans granted, annualized | $2.8M |

## Flags firing in the latest filing

- **loan book shrinking** (`shrink_loans`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 1 | members leaving |  |
| 2017-06 | 2 | net worth falling |  |
| 2017-09 | 0 |  | members leaving, net worth falling |
| 2017-12 | 1 | delinquency rising |  |
| 2018-03 | 0 |  | delinquency rising |
| 2018-06 | 0 |  |  |
| 2018-09 | 1 | delinquency rising |  |
| 2018-12 | 2 | repo signal, auto monoline | delinquency rising |
| 2019-03 | 1 |  | repo signal |
| 2019-06 | 3 | net worth falling, delinquency rising |  |
| 2019-09 | 1 |  | net worth falling, delinquency rising |
| 2019-12 | 1 |  |  |
| 2020-03 | 1 |  |  |
| 2020-06 | 2 | net worth falling |  |
| 2020-09 | 1 |  | net worth falling |
| 2020-12 | 2 | margin squeeze |  |
| 2021-03 | 3 | net worth falling |  |
| 2021-06 | 2 | delinquency rising | margin squeeze, net worth falling |
| 2021-09 | 1 |  | delinquency rising |
| 2021-12 | 2 | delinquency rising |  |
| 2022-03 | 3 | net worth falling, members leaving | auto monoline |
| 2022-06 | 2 |  | net worth falling |
| 2022-09 | 2 |  |  |
| 2022-12 | 3 | auto monoline |  |
| 2023-03 | 1 |  | delinquency rising, members leaving |
| 2023-06 | 1 |  |  |
| 2023-09 | 1 |  |  |
| 2023-12 | 2 | assets shrinking |  |
| 2024-03 | 3 | delinquency rising |  |
| 2024-06 | 4 | loan book shrinking |  |
| 2024-09 | 3 |  | delinquency rising |
| 2024-12 | 3 |  |  |
| 2025-03 | 1 |  | auto monoline, assets shrinking |
| 2025-06 | 1 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2025-09-29 [Radius and Lake Shore FCUs to merge Oct. 2 - WGRZ](https://news.google.com/rss/articles/CBMizAFBVV95cUxNdUVMMWZGOWlYNzFWMFBXcnRzV3NDWGl1Q1g3X1JDaGEycnRKR3FoNWtTQktpaXZ6aC1UeFVRbjZLMXFaeWtXb1NLalYxSFJxS1JqQm5mbi1nUWh1SFlQNWZKOTdWN2FxNWVNSERPdGhFeFo3dnY2ak8wQUN3T2pTb1BKaXU5U3M0QVJtSy13VmR1Q2Rick9IX1hOSmlPWkFGYy1HeVZMWVNPTTVDNzZiRWdDRnBPbHhlVEUxZHoyZ0RGWUJla29SU0FsRlk?oc=5) · WGRZ
- 2026-03-23 [Wall Street-style drama for 2 credit unions and a community bank - American Banker](https://news.google.com/rss/articles/CBMiqAFBVV95cUxOMm1Bek1zaVpfY0JIUjdveC1jN3lJaFRDUFpFdmsxMXVVcjBvSjdRRFFrWDEtWl9oYjJxbjNuOVBtNlVqVW5taGYxYl9EakxkTjIwRk9BaEhWVWlWeE5wUUZrdHZIX1lNTFVGek9KQUVZV3hYQ3VYa1hwVUJZcDRfVkNRYVRyYk1wTVZlbWxVVDJ4Q2ZhNGVPVTByeXJwMnk4RGFkMW1TLTg?oc=5) · American Banker
- 2026-03-23 ['I did not call myself a dictator:' Credit-union CEO - LinkedIn](https://news.google.com/rss/articles/CBMinAFBVV95cUxQQktMTThLUHJWUlpBQTF2S21NSjRkVWpEMjlLb0dvVXVWRkhIUnBuZVBVM2FuQk44bkMyN0F0MlQ1WGpDR2xFS1lwSGpvYklPSWpLZlBSWkFXeWxQNDVjRmtGVVI1THk4WGI0Z0xDZHhpRzd4SG9ISlFGSFdveTdxeEM4czB3dW1KQmhUUkVueXJTcGdTdnJnMXVtb04?oc=5) · LinkedIn
- 2026-01-22 [2025's top 5 high-end deals from each Erie County municipality - The Business Journals](https://news.google.com/rss/articles/CBMiowFBVV95cUxOd3lQUjJRTml6ZUhqeVdNUTJxLUFjLU4yOG94MnNnWmpQMWVYekZBRURGU3BPM2lSREZac2lMaWVMeHRJRThXdjlnWWdOMllDV2V1UDZJUlFfRFBUWlBLS1JCbWpRY3dIQnJmYkNEYlJsZnNCRVV4cWQzcWptNlpINDhWR2RnSkVVVkxRRURLX0FIQ3VZdy16QlAteGpOMEVlRWRJ?oc=5) · The Business Journals
- 2026-03-23 [Lake Shore Bank staves off proxy war - Banking Dive](https://news.google.com/rss/articles/CBMigwFBVV95cUxQb0lkQVdSVGRieDFQYWpmaDg2ZmdNeGpaekZzbUZWMlB2cjlWVUk1WUl0bG9FTlRWLVVpd3ZVQTI1RF9pajIxYjdfcVZaRENNNkptUnFqNGhEaVBFeWlpc3BWMHkyUlp4VTVhTEQ0cWdSWlYxV2JGVi1uUUhHWDRuSUZPSQ?oc=5) · Banking Dive
- 2025-03-14 [Fed drops enforcement action against Lake Shore Savings Bank - Banking Dive](https://news.google.com/rss/articles/CBMiowFBVV95cUxPekhiQ0pESXlKRWlmVkEtcFdDZnIyVG14Z2pyZ0pNQTdhckdOUjltYXQ3Tzg2ZHcyN2J3U3pWN0V0Q0ZPN3dUUVVmVWNhV04wVzU1cVN5TEJTWW5XQkF1dmxPU3ZmaWxwakZ0OEY0cXVVQzBnVEE0bWx6akZyOWVOZXRWMkE4SFQtWGtycTlBc0hUSnAxRDJocWN2aGVSNHRHQm9z?oc=5) · Banking Dive
- 2024-06-24 [Barbara J. Conway (Fravel) - Meeson Family](https://news.google.com/rss/articles/CBMibEFVX3lxTE9rVEdfYjE4OWhXOGRGY0VzSUd4LWN5QTJrVzNORnd6QktMWmp3NEpuSlVTQ1hsek1lcUpGdk9lUUdfa0NPYzBfY2Mtbk5ub1dXbnJDbk9QdTN2ZW9adXBHQVRYRFlDVGZjazlvSg?oc=5) · Meeson Family
- 2026-06-06 [11 are recipients of SUNY Fredonia credit union scholarships - - Observer Today](https://news.google.com/rss/articles/CBMiuAFBVV95cUxQS2dsTmxxQUthUU9oYUY0V1NKc2E4MWJxdUJiZlBSTnRJSVlGZVFDcno1VkFjZFFIbGJSRGNiM3RHN045NVBtZm1QMTdqS29OUUZtSG9ZckFSMEZBTXlWTW5Rck5HamZIbV9yRGJpMUsxa1dlMDhwWFRoYkZMQW14Q3R2aE0yNVJMMWNLbTJCRVZjUExvNXdZbWo2amxFeklJVHRXRUdFSjJjS0U0ZjN4eVdRTVhwVjhm?oc=5) · Observer Today

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=17878 (every cell opens its formula and NCUA account codes; the News tab is the same search)
- Latest row, JSON: https://getbookiq.com/cu-intel/data/summary.json · history: https://getbookiq.com/cu-intel/data/h/22.json (key "17878", columns cycle, assets, loans, shares, networth, nwr, roa, total_dq_pct, total_nco_pct, vehicle, veh_pct_loans, indirect, ind_pct_veh, ind_veh, ind_re, ind_comm, ind_other, ind_pct_loans, loans_n, granted_n_ytd, granted_ann, loan_pen, granted_pen, avg_loan_bal, loans_per_fte, veh_part, tp_pct_nw, veh_dq_pct, veh_nco_pct, repo_pct_veh, members_yoy, ltos, cash_pct, borrow_pct, nim_pct, opex_pct, risk_score, members, fte, cash_total, invest_sec, allowance_eff, int_income_ytd, int_exp_ytd, provision_eff_ytd, nonint_income_ytd, nonint_exp_ytd, net_income_ytd, n_flags, re_pct_loans, cc_pct_loans, comm_pct_loans, cert_pct_shares, core_pct_shares, part_buy_ann, part_sell_ann, pot_members, sh_draft_n, chk_pen, fom_pen, flags)
- Participation history: https://getbookiq.com/participation-desk/#cu=17878
- Field definitions: https://getbookiq.com/dictionary/#cu-ltos and the rest of the credit union dictionary
- Source: NCUA 5300 call report bulk files. Income fields are annualized by cycle month (Mar x4, Jun x2, Sep x4/3, Dec x1). Percentiles are within the asset band in the same quarter.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide