{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-22-087125","form_type":"8-K","ticker":"GLBZ","cik":"0000890066","company_name":"GLEN BURNIE BANCORP","filed_at":"2022-08-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:58.466608+00:00","generated_at":"2026-06-24T03:07:40.089250+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Glen Burnie Bancorp Q2 net income drops to $309K ($0.11 EPS) from $480K ($0.17) YoY","bullets":["Net income $309K vs $480K in Q2 2021; six-month net income $540K vs $1,074K.","Net interest margin declined to 2.61% from 2.92% as loan yields fell and interest-earning asset mix shifted.","Book value per share dropped to $7.44 from $12.43, driven by $14.9M after-tax unrealized losses on AFS securities.","Loan portfolio fell 16.24% YoY to $200.7M; total assets $429.4M, down 0.77%.","Bank remains well-capitalized; Tier 1 risk-based capital 15.13% vs 13.45% a year ago."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-22-087125","json":"https://secwatch.observer/filing/0001104659-22-087125.json","markdown":"https://secwatch.observer/filing/0001104659-22-087125.md","text":"https://secwatch.observer/filing/0001104659-22-087125.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/890066/000110465922087125/0001104659-22-087125-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/890066/000110465922087125/tm2222851d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T03:07:40.089250+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"}