---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-071788"
form_type: "8-K"
ticker: "GLBZ"
cik: "0000890066"
company_name: "GLEN BURNIE BANCORP"
filed_at: "2025-07-29T23:59:59+00:00"
generated_at: "2026-05-17T23:56:27.905372+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Glen Burnie Bancorp reports Q2 net loss of $212K; VAWM acquisition expected in Aug 2025

## Summary
- Net loss $212K ($0.07 diluted EPS); YTD net loss $59K ($0.02 diluted EPS).
- Net interest margin (tax-equiv) 3.13%, up 13 bps vs Q1 2025; loans grew $6M (11.5% annualized).
- Non-recurring expenses of $287K from early retirement/severance; headcount cut from 89 to 73 YTD.
- Expected to close purchase of VA Wholesale Mortgage in Aug 2025; VAWM originates ~$125M/yr in mortgages.
- Non-performing loans ratio 0.51%, down 4 bps; allowance to loans 1.21%.

## SEC filing metadata
- accession: 0001104659-25-071788
- form_type: 8-K
- ticker: GLBZ
- cik: 0000890066
- company_name: GLEN BURNIE BANCORP
- filed_at: 2025-07-29T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/890066/000110465925071788/0001104659-25-071788-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/890066/000110465925071788/tm2521973d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-071788
- JSON: https://secwatch.observer/filing/0001104659-25-071788.json
- Plain text: https://secwatch.observer/filing/0001104659-25-071788.txt

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