{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-22-050104","form_type":"8-K","ticker":"GLBZ","cik":"0000890066","company_name":"GLEN BURNIE BANCORP","filed_at":"2022-04-26T23:59:59+00:00","discovered_at":"2026-05-14T18:04:04.166171+00:00","generated_at":"2026-06-26T04:53:18.727894+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Glen Burnie Bancorp Q1 net income falls to $0.23M from $0.59M; EPS $0.08 vs $0.21","bullets":["Net income $0.23M ($0.08 EPS) vs $0.59M ($0.21 EPS) in Q1 2021; net interest margin contracted to 2.54% from 2.93%.","Total assets $437.4M; stockholders' equity fell to $27.3M ($9.55/book value) from $35.7M ($12.51) due to unrealized losses on AFS securities.","Net recoveries of $11k on loans; allowance for credit losses at 1.17% of loans; nonperforming assets 0.05% of total assets.","119th consecutive quarterly dividend to be paid on May 9, 2022; amount not disclosed in release."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-22-050104","json":"https://secwatch.observer/filing/0001104659-22-050104.json","markdown":"https://secwatch.observer/filing/0001104659-22-050104.md","text":"https://secwatch.observer/filing/0001104659-22-050104.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/890066/000110465922050104/0001104659-22-050104-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/890066/000110465922050104/tm2213496d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-26T04:53:18.727894+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}