This addition underscores The Bank of Glen Burnie's commitment to strong, strategic growth and long-term financial stewardship This addition underscores The Bank of Glen Burnie's commitment to strong, strategic growth and long-term financial stewardship
Highlights for the Third Quarter of 2025: Net income of $125,000 or $0.04 per diluted EPS during the third quarter of 2025, an improvement of $337,000 on a linked quarter basis, and net income of $66,000 or $0.02 per diluted EPS for the nine-month period ending September 30, 2025, an improvement of $138,000 from the previous year's nine-month period loss of $72,000. Net interest margin on a tax...
Joining forces will expand The Bank of Glen Burnie's mortgage business line both in products and footprint, and will grow VA Wholesale Mortgage's reach and strength under The Bank of Glen Burnie name. Joining forces will expand The Bank of Glen Burnie's mortgage business line both in products and footprint, and will grow VA Wholesale Mortgage's reach and strength under The Bank of Glen Burnie n...
Glen Burnie Bancorp (GLBZ 0.74%), a community bank serving Anne Arundel County, Maryland, released its second quarter results on July 29, 2025. The bank reported a net loss of $0.07 per diluted share (GAAP) as nonrecurring restructuring costs weighed on profitability.
Highlights for the Second Quarter of 2025: Net loss of $212,000 or $(0.07) per diluted EPS during the second quarter of 2025, a decrease of $365,000 on a linked quarter basis, and net loss of $59,000 or $(0.02) per diluted EPS for the six-month period ending June 30, 2025. Net interest margin on a tax equivalent basis of 3.13% with margin expansion of 13 basis points during the second quarter o...
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