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4 - GLEN BURNIE BANCORP (0000890066) (Issuer)
4 - GLEN BURNIE BANCORP (0000890066) (Issuer)
3 - GLEN BURNIE BANCORP (0000890066) (Issuer)
4 - GLEN BURNIE BANCORP (0000890066) (Issuer)
4 - GLEN BURNIE BANCORP (0000890066) (Issuer)
4 - GLEN BURNIE BANCORP (0000890066) (Issuer)
GLEN BURNIE, Md., Aug. 18, 2025 (GLOBE NEWSWIRE) -- The Bank of Glen Burnie®, a wholly owned subsidiary of Glen Burnie Bancorp (NASDAQ:GLBZ), continued its plans for growth and expansion through today's completed acquisition of VA Wholesale Mortgage, Inc., announced Mark C. Hanna, President and CEO of Glen Burnie Bancorp and The Bank of Glen Burnie (the "Bank"). VA Wholesale Mortgage ("VAWM"), a veteran-owned-and-operated business, is headquartered in Virginia Beach, Virginia, and has an office in Jacksonville, Florida. The mortgage brokerage offers home financing to a wide range of customers, with a special focus on serving active-duty and retired members of the U.S. armed forces. Hanna
Highlights for the Second Quarter of 2025: Net loss of $212,000 or $(0.07) per diluted EPS during the second quarter of 2025, a decrease of $365,000 on a linked quarter basis, and net loss of $59,000 or $(0.02) per diluted EPS for the six-month period ending June 30, 2025.Net interest margin on a tax equivalent basis of 3.13% with margin expansion of 13 basis points during the second quarter of 2025 compared to the first quarter of 2025.Total loans increased by $6.0 million during the second quarter of 2025, an annualized growth rate of 11.5%.Total deposits were $317.3 million at June 30, 2025, up modestly from March 31, 2025. Liquidity continues to remain at a very strong level, and th
GLEN BURNIE, Md., May 07, 2025 (GLOBE NEWSWIRE) -- Glen Burnie Bancorp ("Bancorp") (NASDAQ:GLBZ), the bank holding company for The Bank of Glen Burnie ("Bank"), today reported results for the first quarter ended March 31, 2025. Net income for the first quarter was $153,000, or $0.05 per basic and diluted common share, as compared to net income of $3,000, or $0 per basic and diluted common share for the three-month period ended March 31, 2024. On March 31, 2025, Bancorp had total assets of $358.0 million. Bancorp is the oldest independent commercial bank in Anne Arundel County. "The Company continues to pursue growing loans and deposits to improve revenues, margins and, ultimately, profi
8-K - GLEN BURNIE BANCORP (0000890066) (Filer)
10-Q - GLEN BURNIE BANCORP (0000890066) (Filer)
8-K - GLEN BURNIE BANCORP (0000890066) (Filer)
GLEN BURNIE, Md., April 09, 2025 (GLOBE NEWSWIRE) -- The Bank of Glen Burnie®, a wholly owned subsidiary of Glen Burnie Bancorp (NASDAQ:GLBZ), announced today the expansion of its lending team to position the Bank to carry out its growth strategy focused on growing the commercial banking and lending portfolios. Jonathan Shearin, who previously served in the role of vice president and director of commercial banking, was promoted to the role of chief lending officer effective March 13, 2025. Jeff Welch was named executive vice president and chief credit officer effective March 31, 2025. "Jonathan hit the ground running and has made a significant impact to our loan portfolio since joining th
GLEN BURNIE, Md., Oct. 22, 2024 (GLOBE NEWSWIRE) -- The Bank of Glen Burnie®, a wholly owned subsidiary of Glen Burnie Bancorp (NASDAQ:GLBZ), expanded its business banking team. Jonathan Shearin was named director of commercial banking and Ed Abedi was named vice president of cash management, announced Mark C. Hanna, President and CEO of Glen Burnie Bancorp and The Bank of Glen Burnie. Hanna commented, "We are thrilled to welcome Jonathan and Ed to the team. Growing our ability to serve the businesses of Anne Arundel County is goal number one for the Bank. As an independent, community-driven bank, we're uniquely positioned to support small businesses—the backbone of job creation. Jonathan
GLEN BURNIE, Md., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Glen Burnie Bancorp (NASDAQ:GLBZ), the parent company of The Bank of Glen Burnie®, named Felton Magee Jr. to the Board of Directors, announced Mark C. Hanna, President and CEO of Glen Burnie Bancorp and The Bank of Glen Burnie. "Felton is an accomplished business leader with a proven track record of identifying and implementing strategies for accelerating growth," said Hanna. "He has skillfully navigated challenging situations using his expertise to streamline business processes, boost profitability, and deliver impactful results. Felton strikes the perfect balance between analytical precision and a people-centered approach. In a word,
Highlights for the Second Quarter of 2025: Net loss of $212,000 or $(0.07) per diluted EPS during the second quarter of 2025, a decrease of $365,000 on a linked quarter basis, and net loss of $59,000 or $(0.02) per diluted EPS for the six-month period ending June 30, 2025.Net interest margin on a tax equivalent basis of 3.13% with margin expansion of 13 basis points during the second quarter of 2025 compared to the first quarter of 2025.Total loans increased by $6.0 million during the second quarter of 2025, an annualized growth rate of 11.5%.Total deposits were $317.3 million at June 30, 2025, up modestly from March 31, 2025. Liquidity continues to remain at a very strong level, and th
GLEN BURNIE, Md., May 07, 2025 (GLOBE NEWSWIRE) -- Glen Burnie Bancorp ("Bancorp") (NASDAQ:GLBZ), the bank holding company for The Bank of Glen Burnie ("Bank"), today reported results for the first quarter ended March 31, 2025. Net income for the first quarter was $153,000, or $0.05 per basic and diluted common share, as compared to net income of $3,000, or $0 per basic and diluted common share for the three-month period ended March 31, 2024. On March 31, 2025, Bancorp had total assets of $358.0 million. Bancorp is the oldest independent commercial bank in Anne Arundel County. "The Company continues to pursue growing loans and deposits to improve revenues, margins and, ultimately, profi
GLEN BURNIE, Md., Feb. 06, 2025 (GLOBE NEWSWIRE) -- Glen Burnie Bancorp ("Bancorp") (NASDAQ:GLBZ), the bank holding company for The Bank of Glen Burnie ("Bank"), announced today net loss of $39,000, or -$0.01 per basic and diluted common share, for the three-month period ended December 31, 2024, compared to net income of $167,000, or $0.06 per basic and diluted common share, for the three-month period ended December 31, 2023. Bancorp reported a net loss of $112,000, or -$0.04 per basic and diluted common share, for the twelve-month period ended December 31, 2024, compared to net income of $1.4 million, or $0.50 per basic and diluted common share, for the same period in 2023. On December 31
SC 13G/A - GLEN BURNIE BANCORP (0000890066) (Subject)
SC 13G/A - GLEN BURNIE BANCORP (0000890066) (Subject)
SC 13G/A - GLEN BURNIE BANCORP (0000890066) (Subject)