{"filings":[{"id":131962,"accession_number":"0001552781-25-000461","cik":890066,"company_name":"GLEN BURNIE BANCORP","ticker":"GLBZ","form_type":"8-K","filed_at":"2025-12-12T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Glen Burnie Bancorp to voluntarily delist from Nasdaq, move to OTCQX","event_type":"other_material","confidence":"high","bullets":["Will file Form 25 on Dec 22, 2025; delisting effective Jan 1, 2026.","Plans to file Form 15 on Jan 2, 2026 to suspend SEC reporting obligations.","Board cites cost burden, potential future non-compliance, and lack of liquidity as reasons.","Will apply for OTCQX quotation; no guarantee of active trading market.","Company expects to redirect resources to business opportunities post-delisting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.7,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":131961,"accession_number":"0001104659-25-113651","cik":890066,"company_name":"GLEN BURNIE BANCORP","ticker":"GLBZ","form_type":"8-K","filed_at":"2025-11-18T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Glen Burnie Bancorp appoints Todd Capitani as CFO and Treasurer effective Nov 17, 2025","event_type":"leadership","confidence":"high","bullets":["Todd Capitani appointed CFO and Treasurer of Glen Burnie Bancorp and CFO/EVPP/Treasurer of its subsidiary The Bank of Glen Burnie, effective Nov 17, 2025.","Capitani served as CFO of Shore Bancshares from 2009 to 2025, and was a Senior Manager at Deloitte Consulting from 2006 to 2009.","He will receive an annual base salary of $270,000, plus eligibility for incentive compensation and equity awards under the 2019 Equity Incentive Plan.","Employment terms include $35,000 in equity awards vesting pro-rata over four years and targeted annual bonus of 20% of base salary.","Severance benefits of 2.99 times average annual taxable compensation under the Bank's Change in Control Severance Plan are included."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":131960,"accession_number":"0001104659-25-105107","cik":890066,"company_name":"GLEN BURNIE BANCORP","ticker":"GLBZ","form_type":"8-K","filed_at":"2025-11-03T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Glen Burnie Bancorp reports Q3 2025 net income $125k; completes VAWM acquisition","event_type":"earnings","confidence":"high","bullets":["Net income of $125k ($0.04 EPS) vs $129k in Q3 2024; improved from $(212)k loss in Q2 2025.","Net interest margin (tax eq) expanded to 3.24%, up 11 bps linked quarter and 10 bps YoY.","Total loans $215.3M (+$2.0M QoQ); total deposits $329.1M (+$11.8M QoQ); paid off all FHLB advances.","Completed acquisition of VA Wholesale Mortgage on Aug 15 for $750k note plus earn-out; contributed $192k in mortgage fees in stub period.","Non-performing loans ratio 0.56%; allowance to loans 1.19%; all regulatory capital ratios exceed well-capitalized minimums."],"consensus_eps_estimate":null,"consensus_eps_actual":0.02,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.5,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":148535,"accession_number":"0001410578-25-002307","cik":890066,"company_name":"GLEN BURNIE BANCORP","ticker":"GLBZ","form_type":"8-K","filed_at":"2025-09-12T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Glen Burnie Bancorp director May Louise Wicox resigns effective Dec 31, 2025","event_type":"leadership","confidence":"high","bullets":["May Louise Wicox, board member since 1997, resigned for personal reasons.","Resignation effective December 31, 2025; no replacement announced.","Departure reported under Item 5.02; no compensatory arrangements disclosed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":148534,"accession_number":"0001104659-25-071788","cik":890066,"company_name":"GLEN BURNIE BANCORP","ticker":"GLBZ","form_type":"8-K","filed_at":"2025-07-29T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Glen Burnie Bancorp reports Q2 net loss of $212K; VAWM acquisition expected in Aug 2025","event_type":"earnings","confidence":"high","bullets":["Net loss $212K ($0.07 diluted EPS); YTD net loss $59K ($0.02 diluted EPS).","Net interest margin (tax-equiv) 3.13%, up 13 bps vs Q1 2025; loans grew $6M (11.5% annualized).","Non-recurring expenses of $287K from early retirement/severance; headcount cut from 89 to 73 YTD.","Expected to close purchase of VA Wholesale Mortgage in Aug 2025; VAWM originates ~$125M/yr in mortgages.","Non-performing loans ratio 0.51%, down 4 bps; allowance to loans 1.21%."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.02,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.65,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":148533,"accession_number":"0001104659-25-066307","cik":890066,"company_name":"GLEN BURNIE BANCORP","ticker":"GLBZ","form_type":"8-K","filed_at":"2025-07-08T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Glen Burnie Bancorp to acquire VA Wholesale Mortgage for $750K plus earn-out","event_type":"m_and_a","confidence":"high","bullets":["$750,000 cash consideration to seller Eric Tan; payment via non-interest bearing promissory note forgiven over 36 months.","Seller receives 33% of VAWM net earnings plus 4 bps on closed loan volume for 3 years post-closing.","Closing expected early August 2025; subject to regulatory approvals; seller to become president of VAWM.","VAWM is a Virginia residential mortgage banker; The Bank of Glen Burnie, a GLBZ unit, is the buyer."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":167375,"accession_number":"0001104659-25-063537","cik":890066,"company_name":"GLEN BURNIE BANCORP","ticker":"GLBZ","form_type":"8-K","filed_at":"2025-06-27T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"CFO Jeffrey D. Harris to retire June 30; CEO Mark C. Hanna named interim Treasurer and PAAO","event_type":"leadership","confidence":"high","bullets":["CFO Jeffrey D. Harris retirement effective June 30, 2025; search for new CFO initiated.","CEO Mark C. Hanna appointed interim Treasurer and interim Principal Accounting Officer effective July 1, 2025; remains CEO and President.","Company engaged Artisan Advisors, LLC to provide interim financial management support until new CFO is appointed.","No new compensatory or severance arrangements entered into for Mr. Hanna's interim role."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":167374,"accession_number":"0001104659-25-056750","cik":890066,"company_name":"GLEN BURNIE BANCORP","ticker":"GLBZ","form_type":"8-K","filed_at":"2025-06-05T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Glen Burnie Bancorp CFO Jeffrey D. Harris announces retirement effective June 30, 2025","event_type":"leadership","confidence":"high","bullets":["Jeffrey D. Harris, Treasurer and CFO since 2017, will retire on June 30, 2025.","Company will commence a search for a new CFO.","Harris served as Treasurer and CFO since 2017; retirement effective June 30, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}