For the quarter ending 2025-09-30, GLBZ has $351,794K in assets. $331,065K in debts.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and due from banks | 2,359 | 1,677 | ||
| Interest-bearing deposits in other financial institutions and federal funds sold | 9,868 | 10,991 | ||
| Cash and cash equivalents | 12,227 | 12,668 | ||
| Investment securities available for sale, at fair value | 104,141 | 104,566 | ||
| Restricted equity securities, at cost | 251 | 869 | ||
| Loans, net of deferred fees and costs | 215,320 | 213,362 | ||
| Less allowance for credit losses | 2,568 | 2,587 | ||
| Loans, net | 212,752 | 210,775 | ||
| Premises and equipment, net | 2,463 | 2,575 | ||
| Bank owned life insurance | 8,966 | 8,921 | ||
| Deferred tax assets, net | 7,475 | 8,102 | ||
| Accrued interest receivable | 1,340 | 1,206 | ||
| Accrued taxes receivable | 310 | 271 | ||
| Prepaid expenses | 434 | 386 | ||
| Goodwill | 317 | - | ||
| Other assets | 1,118 | 382 | ||
| Total assets | 351,794 | 350,721 | ||
| Noninterest-bearing deposits | 107,368 | 107,027 | ||
| Interest-bearing deposits | 221,701 | 210,289 | ||
| Total deposits | 329,069 | 317,316 | ||
| Short-term borrowings | - | 13,000 | ||
| Defined pension liability | 341 | 340 | ||
| Accrued expenses and other liabilities | 1,655 | 1,132 | ||
| Total liabilities | 331,065 | 331,788 | ||
| Common stock, par value 1, authorized 15,000,000 shares, issued and outstanding 2,919,695 and 2,900,681 shares as of september 30, 2025 and december 31, 2024 respectively | 2,920 | 2,901 | ||
| Additional paid-in capital | 11,119 | 11,037 | ||
| Deferred compensation, restricted stock | 84 | - | ||
| Retained earnings | 22,948 | 22,823 | ||
| Accumulated other comprehensive loss | -16,174 | -17,828 | ||
| Total stockholders' equity | 20,729 | 18,933 | ||
| Total liabilities and stockholders' equity | 351,794 | 350,721 | ||
GLEN BURNIE BANCORP (GLBZ)
GLEN BURNIE BANCORP (GLBZ)