{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-22-114817","form_type":"8-K","ticker":"GLBZ","cik":"0000890066","company_name":"GLEN BURNIE BANCORP","filed_at":"2022-11-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.889646+00:00","generated_at":"2026-06-22T07:28:13.082461+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Glen Burnie Bancorp Q3 net income falls to $0.13 per share from $0.31 YoY; net interest margin down","bullets":["Net income of $375,000 ($0.13/share) in Q3 2022 vs $888,000 ($0.31/share) in Q3 2021, a 58% decline.","Net interest margin narrowed to 2.83% from 3.22% as average loan balances fell $32.4M and yield decreased.","Book value per share dropped to $5.01 from $12.26 due to $21.7M after-tax unrealized losses on AFS securities.","Nonperforming assets remained low at 0.05% of total assets; bank maintained well-capitalized status.","Bancorp declared its 121st consecutive quarterly dividend payable Nov 7, 2022 (amount not specified)."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-22-114817","json":"https://secwatch.observer/filing/0001104659-22-114817.json","markdown":"https://secwatch.observer/filing/0001104659-22-114817.md","text":"https://secwatch.observer/filing/0001104659-22-114817.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/890066/000110465922114817/0001104659-22-114817-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/890066/000110465922114817/tm2229759d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T07:28:13.082461+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":[{"claim_id":"066eea4574a285e81171b4ba86b2ef3aeb10d1e3","claim":"GLEN BURNIE BANCORP reported the nine-month period ended September 30, 2022 results: net income $915,000, EPS $0.32 per basic and diluted common share.","evidence_excerpt":"Bancorp reported net income of $915,000, or $0.32 per basic and diluted common share for the nine-month period ended September 30, 2022","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/890066/000110465922114817/0001104659-22-114817-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the nine-month period ended September 30, 2022"},{"label":"Net income","value":"$915,000"},{"label":"EPS","value":"$0.32 per basic and diluted common share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"aa1212e4dca586bfbda095d513a87fe21cdf7ea6","claim":"GLEN BURNIE BANCORP reported the three-month period ended September 30, 2022 results: net income $375,000, EPS $0.13 per basic and diluted common share.","evidence_excerpt":"announced today net income of $375,000, or $0.13 per basic and diluted common share for the three-month period ended September 30, 2022","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/890066/000110465922114817/0001104659-22-114817-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three-month period ended September 30, 2022"},{"label":"Net income","value":"$375,000"},{"label":"EPS","value":"$0.13 per basic and diluted common share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}