---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-045395"
form_type: "8-K"
ticker: "GLBZ"
cik: "0000890066"
company_name: "GLEN BURNIE BANCORP"
filed_at: "2025-05-07T23:59:59+00:00"
generated_at: "2026-05-22T10:15:30.742822+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Glen Burnie Bancorp Q1 net income $153K vs $3K YoY, driven by credit provision release

## Summary
- Q1 2025 net income $153K ($0.05/share) vs $3K ($0.00/share) a year ago; total assets $358M.
- Net interest income $2.56M, down $8K YoY; net interest margin improved to 2.92% from 2.86%.
- Loans grew 16.5% YoY to $207.4M; deposits up 2.6% QoQ to $317.3M.
- Nonperforming assets rose to 0.32% of total assets from 0.10%; allowance for credit losses at 1.30% of loans.
- Closed Linthicum branch in Jan 2025; plans Severna Park closure in May 2025 plus early retirement program.

## SEC filing metadata
- accession: 0001104659-25-045395
- form_type: 8-K
- ticker: GLBZ
- cik: 0000890066
- company_name: GLEN BURNIE BANCORP
- filed_at: 2025-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/890066/000110465925045395/0001104659-25-045395-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/890066/000110465925045395/tm2514160d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-045395
- JSON: https://secwatch.observer/filing/0001104659-25-045395.json
- Plain text: https://secwatch.observer/filing/0001104659-25-045395.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.