{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-024781","form_type":"8-K","ticker":"GLBZ","cik":"0000890066","company_name":"GLEN BURNIE BANCORP","filed_at":"2024-02-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.187602+00:00","generated_at":"2026-06-06T00:34:16.585396+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 Q4 EPS falls to $0.06 from $0.29; FY EPS $0.50 vs $0.61","bullets":["Net income for Q4 2023 was $167,000 ($0.06/share), down from $830,000 ($0.29) in Q4 2022.","Full-year net income $1.43M ($0.50/share) compared to $1.75M ($0.61) in 2022.","Total assets decreased 7.77% to $351.8M; deposits fell 17.32% to $300.1M.","Net interest margin for Q4 narrowed to 3.17% from 3.27% YoY; quarterly cost of funds rose to 0.64% from 0.13%.","Book value per share improved to $6.70 from $5.60; bank remained well-capitalized with tier 1 risk-based capital 17.37%."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-024781","json":"https://secwatch.observer/filing/0001104659-24-024781.json","markdown":"https://secwatch.observer/filing/0001104659-24-024781.md","text":"https://secwatch.observer/filing/0001104659-24-024781.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/890066/000110465924024781/0001104659-24-024781-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/890066/000110465924024781/tm246430d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T00:34:16.585396+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":"d12b89c099c7cc410334630174de16019f61f0de","claim":"GLEN BURNIE BANCORP reported the three-month period ended December 31, 2023 results: net income net income of $167,000, or $0.06 per basic and diluted common share.","evidence_excerpt":"announced today net income of $167,000, or $0.06 per basic and diluted common share for the three-month period ended December 31, 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/890066/000110465924024781/0001104659-24-024781-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three-month period ended December 31, 2023"},{"label":"Net income","value":"net income of $167,000, or $0.06 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"}