Daniel Reininga - Lake Shore CEO

LSBK Stock  USD 13.96  0.21  1.53%   

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 Capital Employed is quite stable compared to the past year. Return On Equity is expected to rise to 0.06 this year, although the value of Return On Tangible 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 670.8 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.
Lake Shore Bancorp currently holds 35.25 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. Note, when we think about Lake Shore's use of debt, we should always consider it together with its cash and equity.

Similar Executives

Found 3 records

CEO Age

Martin PlourdCommunity West Bancshares
65
John FitzgeraldMagyar Bancorp
60
James KimCommunity West Bancshares
48
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 Regional Banks 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.
Nicole May, Compliance Officer
Kim Liddell, President CEO
Eric Hohenstein, Corporate Secretary
Wendy Harrington, Corporate Secretary
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
Robert Cortellucci, Chief Officer
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
Susan Ballard, Independent Director
Tamara Bellanti, Senior Resources
Taylor Gilden, Principal CFO
Mark Peters, Chief Mang
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.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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 closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Regional Banks space 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
(0.11)
Dividend Share
0.54
Earnings Share
0.75
Revenue Per Share
4.51
Quarterly Revenue Growth
(0.1)
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.