{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-082914","form_type":"8-K","ticker":"GLBZ","cik":"0000890066","company_name":"GLEN BURNIE BANCORP","filed_at":"2024-07-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.193500+00:00","generated_at":"2026-05-31T16:06:23.516178+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 posts Q2 net loss of $204K ($0.07 EPS) vs $0.10 EPS a year ago","bullets":["Net loss of $204K ($0.07 per share) for Q2 2024 vs net income of $276K ($0.10 per share) in Q2 2023.","Net interest margin improved to 3.02% (up 16 bps linked quarter) but net interest income fell 14.86% YTD.","Loans grew $20.9M YoY to $201.5M; deposits increased 1.9% from Dec 2023 but down 7.09% YoY.","Provision for credit losses rose to $526K in Q2 (vs $127K a year ago) due to loan growth and CECL adjustments.","Nonperforming assets remain low at 0.09% of total assets; regulatory capital ratios still above well-capitalized thresholds."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-082914","json":"https://secwatch.observer/filing/0001104659-24-082914.json","markdown":"https://secwatch.observer/filing/0001104659-24-082914.md","text":"https://secwatch.observer/filing/0001104659-24-082914.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/890066/000110465924082914/0001104659-24-082914-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/890066/000110465924082914/tm2420144d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T16:06:23.516178+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"}