LAKE SHORE BANCORP, INC. Annual Interest Expense in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Lake Shore Bancorp, Inc. quarterly/annual Interest Expense history and growth rate from 2010 to 2023.
  • Lake Shore Bancorp, Inc. Interest Expense for the quarter ending June 30, 2024 was $3.55M, a 57.3% increase year-over-year.
  • Lake Shore Bancorp, Inc. Interest Expense for the twelve months ending June 30, 2024 was $12.5M, a 131% increase year-over-year.
  • Lake Shore Bancorp, Inc. annual Interest Expense for 2023 was $9.4M, a 289% increase from 2022.
  • Lake Shore Bancorp, Inc. annual Interest Expense for 2022 was $2.42M, a 9.38% decline from 2021.
  • Lake Shore Bancorp, Inc. annual Interest Expense for 2021 was $2.67M, a 39.5% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $9.4M +$6.98M +289% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-22
2022 $2.42M -$250K -9.38% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-22
2021 $2.67M -$1.74M -39.5% Jan 1, 2021 Dec 31, 2021 10-K 2023-03-31
2020 $4.4M -$793K -15.3% Jan 1, 2020 Dec 31, 2020 10-K 2022-03-31
2019 $5.2M +$1.6M +44.3% Jan 1, 2019 Dec 31, 2019 10-K 2021-03-29
2018 $3.6M +$972K +37% Jan 1, 2018 Dec 31, 2018 10-K 2020-03-27
2017 $2.63M +$336K +14.6% Jan 1, 2017 Dec 31, 2017 10-K 2020-03-27
2016 $2.29M -$463K -16.8% Jan 1, 2016 Dec 31, 2016 10-K 2019-03-27
2015 $2.76M -$591K -17.7% Jan 1, 2015 Dec 31, 2015 10-K 2018-03-28
2014 $3.35M -$208K -5.85% Jan 1, 2014 Dec 31, 2014 10-K 2017-03-31
2013 $3.56M -$1.05M -22.7% Jan 1, 2013 Dec 31, 2013 10-K 2016-03-25
2012 $4.6M -$1.03M -18.3% Jan 1, 2012 Dec 31, 2012 10-K 2015-03-27
2011 $5.64M -$680K -10.8% Jan 1, 2011 Dec 31, 2011 10-K 2014-03-26
2010 $6.32M Jan 1, 2010 Dec 31, 2010 10-K 2013-03-29
* An asterisk sign (*) next to the value indicates that the value is likely invalid.