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GLEN BURNIE, Md., Dec. 12, 2025 (GLOBE NEWSWIRE) -- Glen Burnie Bancorp ("Bancorp") (NASDAQ:GLBZ), the bank holding Bancorp for The Bank of Glen Burnie ("Bank"), today announced that Bancorp's board of directors (the "Board") has approved the voluntarily delisting of Bancorp's common stock (and related common stock purchase rights) from The Nasdaq Capital Market ("Nasdaq") and the subsequent voluntary deregistration of its common stock with the U.S. Securities and Exchange Commission ("SEC") in order to terminate and suspend its reporting obligations under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Simultaneously with this announcement, Bancorp notified Nasdaq t
GLEN BURNIE, Md., Dec. 03, 2025 (GLOBE NEWSWIRE) -- The Bank of Glen Burnie®, a wholly owned subsidiary of Glen Burnie Bancorp (NASDAQ:GLBZ), has named Todd Capitani as executive vice president and chief financial officer, announced Mark C. Hanna, president and CEO of Glen Burnie Bancorp and The Bank of Glen Burnie (the "Bank"). Capitani brings more than 35 years of financial experience across banking, corporate finance, government contracting, and public company operations. His leadership will play a key role in guiding the Bank's financial strategy, balance sheet management, and long-term growth initiatives. "Todd's track record speaks for itself. He has extensive expertise in capital p
Highlights for the Third Quarter of 2025: Net income of $125,000 or $0.04 per diluted EPS during the third quarter of 2025, an improvement of $337,000 on a linked quarter basis, and net income of $66,000 or $0.02 per diluted EPS for the nine-month period ending September 30, 2025, an improvement of $138,000 from the previous year's nine-month period loss of $72,000.Net interest margin on a tax equivalent basis increased to 3.24% with a margin expansion of 11 basis points during the third quarter of 2025 compared to the second quarter of 2025.Total loans increased by $2.0 million during the third quarter of 2025 and were up $7.3 million on an average balance basis from the second quarter of
8-K - GLEN BURNIE BANCORP (0000890066) (Filer)
8-K - GLEN BURNIE BANCORP (0000890066) (Filer)
10-Q - GLEN BURNIE BANCORP (0000890066) (Filer)
4 - GLEN BURNIE BANCORP (0000890066) (Issuer)
4 - GLEN BURNIE BANCORP (0000890066) (Issuer)
4 - 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., Dec. 03, 2025 (GLOBE NEWSWIRE) -- The Bank of Glen Burnie®, a wholly owned subsidiary of Glen Burnie Bancorp (NASDAQ:GLBZ), has named Todd Capitani as executive vice president and chief financial officer, announced Mark C. Hanna, president and CEO of Glen Burnie Bancorp and The Bank of Glen Burnie (the "Bank"). Capitani brings more than 35 years of financial experience across banking, corporate finance, government contracting, and public company operations. His leadership will play a key role in guiding the Bank's financial strategy, balance sheet management, and long-term growth initiatives. "Todd's track record speaks for itself. He has extensive expertise in capital p
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
Highlights for the Third Quarter of 2025: Net income of $125,000 or $0.04 per diluted EPS during the third quarter of 2025, an improvement of $337,000 on a linked quarter basis, and net income of $66,000 or $0.02 per diluted EPS for the nine-month period ending September 30, 2025, an improvement of $138,000 from the previous year's nine-month period loss of $72,000.Net interest margin on a tax equivalent basis increased to 3.24% with a margin expansion of 11 basis points during the third quarter of 2025 compared to the second quarter of 2025.Total loans increased by $2.0 million during the third quarter of 2025 and were up $7.3 million on an average balance basis from the second quarter of
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
SC 13G/A - GLEN BURNIE BANCORP (0000890066) (Subject)
SC 13G/A - GLEN BURNIE BANCORP (0000890066) (Subject)
SC 13G/A - GLEN BURNIE BANCORP (0000890066) (Subject)