{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-112915","form_type":"8-K","ticker":"GLBZ","cik":"0000890066","company_name":"GLEN BURNIE BANCORP","filed_at":"2024-10-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:11.281714+00:00","generated_at":"2026-05-30T07:52:42.067632+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Glen Burnie Bancorp Q3 net income plunges 77%; suspends quarterly dividend","bullets":["Net income Q3 2024 $129K ($0.04 EPS) down 77% from $551K ($0.19 EPS) year ago.","Nine-month net loss $72K vs net income $1.3M; net interest margin narrowed to 2.98%.","Loans grew $32.2M (18.4%) to $207M; deposits flat at $314.2M.","Company suspends quarterly cash dividends to reinvest in people, tech, and facilities.","Bank remains well-capitalized; tier 1 risk-based capital 15.47% vs 17.37% year-end 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-112915","json":"https://secwatch.observer/filing/0001104659-24-112915.json","markdown":"https://secwatch.observer/filing/0001104659-24-112915.md","text":"https://secwatch.observer/filing/0001104659-24-112915.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/890066/000110465924112915/0001104659-24-112915-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/890066/000110465924112915/tm2427167d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T07:52:42.067632+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"}