GLBZ Glen Burnie Bancorp

Glen Burnie Bancorp Declares 3Q 2020 Dividend

Glen Burnie Bancorp Declares 3Q 2020 Dividend
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09/10/2020

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GLBZGlen Burnie Bancorp

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Reports on Glen Burnie Bancorp

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The Bank of Glen Burnie Expands Mortgage Services Through Acquisition ...

The Bank of Glen Burnie Expands Mortgage Services Through Acquisition of VA Wholesale Mortgage, Inc. Joining forces will expand The Bank of Glen Burnie’s mortgage business line both in products and footprint, and will grow VA Wholesale Mortgage’s reach and strength under The Bank of Glen Burnie name. 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, Preside...

August 18, 2025 1 EN
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Glen Burnie Bancorp Announces Second Quarter 2025 Results

Glen Burnie Bancorp Announces Second Quarter 2025 Results 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 r...

July 29, 2025 1 EN
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Glen Burnie Bancorp Announces First Quarter 2025 Results

Glen Burnie Bancorp Announces First Quarter 2025 Results 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 ind...

May 7, 2025 1 EN
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Building a Team for Growth: The Bank of Glen Burnie Promotes Jonathan ...

Building a Team for Growth: The Bank of Glen Burnie Promotes Jonathan Shearin to Chief Lending Officer and Names Jeff Welch Executive Vice President and Chief Credit Officer The continued expansion of its lending team strengthens The Bank of Glen Burnie’s commitment to being “the bank for business” in Anne Arundel County and the surrounding market 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 stra...

April 9, 2025 1 EN
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Glen Burnie Bancorp Announces Fourth Quarter and Full Year 2024 Result...

Glen Burnie Bancorp Announces Fourth Quarter and Full Year 2024 Results 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 t...

February 6, 2025 1 EN

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