---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-133542"
form_type: "8-K"
ticker: "GLBZ"
cik: "0000890066"
company_name: "GLEN BURNIE BANCORP"
filed_at: "2021-11-03T23:59:59+00:00"
generated_at: "2026-06-28T14:45:15.697084+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# GLBZ Q3 net income down 6.4% to $888K ($0.31 EPS); nine-month net income up 74.7% to $1.96M ($0.69)

## Summary
- Net interest income rose $344K to $3.34M; net interest margin expanded to 3.22% from 3.05%.
- Loans (net) fell $50.5M to $221.9M (-18.6%) while deposits increased $30.6M to $374.5M (+8.9%).
- ACL-loans benefit was $122K in Q3 vs $669K a year earlier; year-to-date benefit $593K vs $263K.
- Return on average assets 0.81% (down from 0.92%); return on average equity 9.56% (down from 10.18%).
- Book value per share declined to $12.26 from $12.86; total assets $432.8M.

## SEC filing metadata
- accession: 0001104659-21-133542
- form_type: 8-K
- ticker: GLBZ
- cik: 0000890066
- company_name: GLEN BURNIE BANCORP
- filed_at: 2021-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/890066/000110465921133542/0001104659-21-133542-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/890066/000110465921133542/tm2131821d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-133542
- JSON: https://secwatch.observer/filing/0001104659-21-133542.json
- Plain text: https://secwatch.observer/filing/0001104659-21-133542.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.