By ALLISSA KLINE
akline@bizjournals.com | 716-541-1612

The top executive at Lake Shore Bancorp Inc. plans to leave the Dunkirk-based company early next year.

Documents filed late last week with the U.S. Securities and Exchange Commission show that David Mancuso plans to retire Jan. 28. He is president and CEO of Lake Shore Bancorp, the parent of Lake Shore Savings Bank. He will remain a member of the bank's board of directors and will be eligible for re-election to the board in 2012.

The bank said it plans to name Mancuso's successor before his retirement date.

He led the growth of Lake Shore Savings Bank, formerly known as Lake Shore Savings & Loan Association, as it expanded outside Chautauqua County and into Erie County in 2003. It now operates five branches in Erie County, including an office in Depew that opened in April, and five branches in Chautauqua County.

SEC documents filed early this year indicate Mancuso is set to earn $275,000 in base pay this year.

The bank was founded in 1891. It reported $460.4 million in assets as of June 30.