{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-021204","form_type":"8-K","ticker":"GLBZ","cik":"0000890066","company_name":"GLEN BURNIE BANCORP","filed_at":"2023-02-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.428170+00:00","generated_at":"2026-06-19T15:03:49.702874+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Glen Burnie Bancorp Q4 net income $830K ($0.29/sh); FY net income $1.75M, down 30% YoY","bullets":["Q4 2022 net income $830K ($0.29/sh) vs $554K ($0.19/sh) in Q4 2021.","Full year 2022 net income $1.75M ($0.61/sh) vs $2.52M ($0.88/sh) in 2021.","Book value per share fell to $5.60 from $12.51 due to unrealized losses on AFS securities.","Net interest margin Q4 2022: 3.27% (up from 2.95% Q4 2021); full year 2022: 2.81% (down from 3.00% in 2021).","Total assets $381.4M at Dec 31, 2022, down 13.7% YoY; nonperforming assets 0.13% of total assets."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-021204","json":"https://secwatch.observer/filing/0001104659-23-021204.json","markdown":"https://secwatch.observer/filing/0001104659-23-021204.md","text":"https://secwatch.observer/filing/0001104659-23-021204.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/890066/000110465923021204/0001104659-23-021204-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/890066/000110465923021204/tm236660d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T15:03:49.702874+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":"627f50128e0fbcaa54a2f5b3e8eb3540b650210d","claim":"GLEN BURNIE BANCORP reported three-month period ended December 31, 2022 results: net income net income of $830,000, EPS $0.29 per basic and diluted common share.","evidence_excerpt":"Glen Burnie Bancorp (“Bancorp”) (NASDA Q: GLBZ), the bank holding company for The Bank of Glen Burnie (“Bank”), announced today net income of $830,000, or $0.29 per basic and diluted common share for the three-month period ended December 31, 2022, compared to net income of $554,000, or $0.19 per basic and diluted common share for the three-month period ended December 31, 2021.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/890066/000110465923021204/0001104659-23-021204-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three-month period ended December 31, 2022"},{"label":"Net income","value":"net income of $830,000"},{"label":"EPS","value":"$0.29 per basic and diluted common share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"8f8132c40d2ba23a738661939ade450fa8c04a90","claim":"GLEN BURNIE BANCORP reported twelve-month period ended December 31, 2022 results: net income net income of $1.75 million, EPS $0.61 per basic and diluted common share.","evidence_excerpt":"Bancorp reported net income of $1.75 million, or $0.61 per basic and diluted common share for the twelve-month period ended December 31, 2022, compared to $2.52 million, or $0.88 per basic and diluted common share for the same period in 2021.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/890066/000110465923021204/0001104659-23-021204-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"twelve-month period ended December 31, 2022"},{"label":"Net income","value":"net income of $1.75 million"},{"label":"EPS","value":"$0.61 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"}