For the quarter ending 2025-09-30, GLBZ made $8,847K in revenue. $125K in net income. Net profit margin of 1.41%.
| Income Statement | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Interest and fees on loans | 3,126 | 2,909 | ||
| Interest and dividends on securities | 719 | 732 | ||
| Interest on deposits with banks and federal funds sold | 92 | 236 | ||
| Total interest income | 3,937 | 3,877 | ||
| Interest on deposits | 1,044 | 942 | ||
| Interest on short-term borrowings | 62 | 199 | ||
| Total interest expense | 1,106 | 1,141 | ||
| Net interest income | 2,831 | 2,736 | ||
| Provision (release) of credit loss allowance | 44 | 79 | ||
| Net interest income after credit loss provision | 2,787 | 2,657 | ||
| Service charges on deposit accounts | 37 | 34 | ||
| Mortgage commissions | 192 | - | ||
| Other fees and commissions | 297 | 142 | ||
| Income on life insurance | 45 | 44 | ||
| Total noninterest income | 571 | 220 | ||
| Salary and benefits | 1,865 | 2,026 | ||
| Occupancy and equipment expenses | 249 | 256 | ||
| Legal, accounting and other professional fees | 478 | 278 | ||
| Data processing and item processing services | 219 | 224 | ||
| Fdic insurance costs | 46 | 44 | ||
| Advertising and marketing related expenses | 45 | 30 | ||
| Loan collection costs | 19 | 7 | ||
| Telephone costs | 20 | 25 | ||
| Other expenses | 330 | 362 | ||
| Total noninterest expenses | 3,271 | 3,252 | ||
| Income (loss) before income taxes | 87 | -375 | ||
| Income tax benefit | -38 | -163 | ||
| Net income (loss) | 125 | -212 | ||
| Earnings per share, basic | 0.04 | -0.07 | ||
| Earnings per share, diluted | 0.04 | -0.07 | ||
| Weighted average number of shares outstanding, basic | 2,919,695 | 2,900,681 | ||
| Weighted average number of shares outstanding, diluted | 2,919,695 | 2,900,681 | ||
GLEN BURNIE BANCORP (GLBZ)
GLEN BURNIE BANCORP (GLBZ)