Glen burnie bancorp (GLBZ)
Balance Sheet / Yearly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10Dec'09
ASSETS
Cash and due from banks

2,658

2,420

3,678

2,373

2,341

2,605

5,282

2,584

2,449

2,610

4,371

14,487

6,600

3,195

9,003

6,481

6,124

7,493

7,845

8,155

6,247

7,101

7,112

9,499

8,237

9,214

8,568

7,618

7,530

9,332

8,242

7,059

5,935

6,877

7,908

7,056

6,492

6,993

Interest-bearing deposits in other financial institutions

15,413

10,870

15,893

7,565

14,194

13,349

10,208

5,498

6,079

9,995

-

-

-

7,427

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash and Cash Equivalents

18,071

13,290

19,571

9,938

16,535

15,954

15,490

-

-

12,605

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest bearing deposits with banks and federal funds sold

-

-

-

-

-

-

-

-

-

-

-

2,851

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest-bearing deposits in other financial institutions

-

-

-

-

-

-

-

-

-

-

7,126

-

6,139

-

825

2,671

6,069

2,308

1,842

1,890

6,136

2,154

5,702

4,651

6,948

1,636

42

62

6,663

6,627

4,578

166

4,564

2,422

8,921

2,625

1,567

3,748

Federal funds sold

-

-

-

-

-

-

-

-

-

-

-

-

4,591

-

6,848

11,352

8,425

2,569

6,870

334

5,058

4,024

6,512

2,415

4,194

102

65

312

444

2,669

306

258

1,745

653

759

710

940

691

Cash and Cash Equivalents

-

-

-

-

-

-

-

8,082

8,528

-

11,497

17,338

17,330

10,622

16,676

20,504

20,618

12,371

16,557

10,379

17,441

13,280

19,326

16,565

19,379

10,953

8,675

7,992

14,637

18,628

13,126

7,483

12,244

9,953

17,588

10,391

9,000

11,433

Investment securities available for sale, at fair value

70,172

71,486

64,817

61,213

61,420

81,572

84,029

87,314

90,329

89,349

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted equity securities, at cost

1,199

1,437

1,225

1,227

1,439

2,481

2,073

1,443

1,231

1,232

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment securities available for sale, at fair value

-

-

-

-

-

-

-

-

-

-

89,903

90,629

91,097

94,606

98,532

102,681

99,476

98,790

93,990

107,509

97,316

87,993

86,678

83,760

73,464

74,313

88,282

100,192

103,298

100,490

95,461

102,510

104,265

102,866

98,038

96,386

87,268

84,462

Restricted equity securities, at cost

-

-

-

-

-

-

-

-

-

-

1,228

-

-

1,230

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted equity securities, at cost

-

-

-

-

-

-

-

-

-

-

-

1,440

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loans, net of deferred fees and costs

276,960

284,738

283,889

291,237

299,417

299,120

294,981

289,408

275,716

271,612

271,463

271,020

-

265,058

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Less: Allowance for loan losses

1,918

2,066

2,307

2,459

2,605

2,541

2,455

2,284

2,899

2,589

2,623

2,599

-

2,484

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Federal Home Loan Bank stock, at cost

-

-

-

-

-

-

-

-

-

-

-

-

1,198

-

1,200

1,200

1,200

1,203

1,203

1,203

1,203

1,327

1,328

1,328

1,328

1,452

1,502

1,363

1,363

1,448

1,448

1,718

1,524

1,520

1,579

1,634

1,745

1,858

Maryland Financial Bank stock

-

-

-

-

-

-

-

-

-

-

-

-

30

-

30

30

30

30

30

30

30

30

30

30

30

30

30

30

30

30

30

30

30

30

30

30

100

100

Common stock in the Glen Burnie Statutory Trust I

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

155

Ground rents, at cost

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

163

-

-

-

169

-

-

-

169

-

-

-

175

-

-

-

175

-

-

178

184

Loans, net

275,042

282,672

281,582

288,778

296,812

296,579

292,526

287,124

272,817

269,023

268,840

268,421

267,105

262,574

257,779

253,490

254,791

259,636

265,305

265,796

268,233

273,986

280,235

281,282

278,548

270,684

-

-

252,070

249,631

251,628

249,353

238,563

232,734

226,702

230,156

229,850

235,882

Deferred income tax benefits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,684

-

-

-

3,045

-

-

-

3,604

-

-

-

1,235

-

-

-

1,680

-

-

3,348

3,129

Real estate acquired through foreclosure

705

705

705

705

705

705

705

114

114

114

114

114

114

114

-

201

201

74

-

45

45

45

163

163

863

1,170

-

-

-

478

-

-

929

1,110

-

-

-

25

Loans, less allowance for credit losses (September 30: $2,975; December 31: $3,308)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

261,492

254,185

-

-

-

-

-

-

-

-

-

-

Premises and equipment, net

3,900

3,761

3,820

3,840

3,901

3,106

3,154

3,195

3,271

3,371

3,451

3,547

3,320

3,638

3,291

3,292

3,302

3,368

3,477

3,584

3,632

3,671

3,753

3,736

3,723

3,696

3,739

3,776

3,874

3,873

3,942

3,985

4,050

4,107

4,169

4,118

4,123

4,120

Other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,013

328

-

-

-

-

-

-

-

-

-

-

Other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

412

-

865

699

-

-

1,197

1,435

215

-

Bank owned life insurance

8,062

8,023

7,982

7,940

7,900

7,860

7,818

7,780

8,290

8,713

9,479

9,428

9,377

9,328

9,519

9,465

9,411

9,357

9,303

9,247

9,193

9,138

9,082

9,026

8,970

8,914

8,856

8,797

8,739

8,680

8,618

8,555

8,493

8,433

8,374

8,313

7,954

7,702

Deferred tax assets, net

611

672

-

-

-

1,392

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax assets, net

-

-

1,013

1,059

1,197

-

2,863

2,713

2,759

2,429

2,847

2,803

-

3,160

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued interest receivable

970

961

976

992

1,110

1,198

1,233

1,142

1,182

1,133

1,140

1,092

-

1,135

-

-

-

1,121

-

-

-

1,274

-

-

-

1,509

-

-

-

1,450

-

-

-

1,541

-

-

1,538

1,626

Accrued taxes receivable

1,174

1,221

982

1,194

1,221

1,177

-

-

-

465

638

631

-

674

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses

374

406

557

491

515

466

516

471

554

433

512

493

-

546

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

220

308

208

236

304

556

958

2,093

1,295

583

235

190

5,944

814

5,125

4,931

5,437

1,778

5,887

5,778

4,984

668

4,649

4,672

5,080

694

5,819

5,522

4,444

1,317

4,174

4,606

4,215

1,106

4,563

5,378

1,743

2,714

Total Assets

380,500

384,942

383,438

377,613

393,059

413,046

411,365

401,471

390,370

389,450

389,884

396,126

395,515

388,441

392,152

395,794

394,466

390,580

395,752

403,571

402,077

394,629

405,244

400,562

391,385

377,193

379,408

382,185

388,867

387,438

379,292

378,939

374,313

365,260

362,240

357,841

347,067

353,396

LIABILITIES
Noninterest-bearing deposits

113,264

107,158

111,453

107,132

107,249

101,369

107,921

108,414

107,073

104,017

104,571

105,582

-

100,099

-

-

-

93,584

-

-

-

88,562

-

-

-

86,747

-

-

-

84,288

-

-

-

73,339

-

-

68,056

67,807

Interest-bearing deposits

208,516

214,282

213,813

213,046

224,364

221,084

228,926

233,393

229,097

230,221

229,534

229,899

-

233,147

-

-

-

241,606

-

-

-

250,314

-

-

-

237,055

-

-

-

248,000

-

-

-

238,605

-

-

226,388

226,550

Total Deposits

321,780

321,440

325,266

320,178

331,613

322,453

336,847

341,807

336,170

334,238

334,105

335,481

340,574

333,246

335,669

339,295

339,055

335,191

340,307

348,603

346,571

338,877

349,449

345,087

336,923

323,803

323,025

329,080

334,141

332,288

324,181

321,798

320,964

311,944

309,701

306,735

294,444

294,357

Short-term borrowings

20,000

25,000

20,000

20,000

25,000

55,000

40,000

25,000

20,000

20,000

20,000

15,000

-

10,000

-

-

-

-

-

-

-

-

-

-

-

-

3,100

-

-

-

-

3,000

-

254

219

185

4,273

81

Long-term borrowings

-

-

-

-

-

-

-

-

-

-

-

10,000

20,000

10,000

20,000

20,000

20,000

20,000

20,000

20,000

20,000

20,000

20,000

20,000

20,000

20,000

20,000

20,000

20,000

20,000

20,000

20,000

20,000

20,000

20,000

20,000

20,000

27,033

Defined pension liability

323

317

311

304

298

285

323

317

341

335

328

374

-

369

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued taxes payable

-

-

-

-

-

-

102

28

134

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued expenses and other liabilities

2,540

2,505

2,493

2,241

1,693

1,257

749

775

538

835

-

737

-

1,012

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Junior subordinated debentures owed to unconsolidated subsidiary trust

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,155

Dividends payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

276

-

-

-

274

-

-

-

0

-

-

-

271

-

-

231

230

Accrued interest payable on deposits

-

-

-

-

-

-

-

-

-

-

815

-

-

-

-

-

-

39

-

-

-

39

-

-

-

28

-

-

-

28

-

-

-

48

-

-

55

112

Accrued interest payable on junior subordinated debentures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

171

Other liabilities

-

-

-

-

-

-

-

-

-

-

-

-

1,010

-

1,522

1,103

744

1,172

1,520

1,430

1,367

1,605

1,793

1,626

1,466

1,503

1,914

1,467

1,292

1,533

1,818

1,824

1,353

1,530

1,916

1,844

1,729

1,105

Total Liabilities

344,643

349,262

348,070

342,723

358,604

378,995

378,021

367,927

357,183

355,408

355,248

361,592

361,584

354,627

357,191

360,398

359,799

356,404

361,827

370,033

367,938

360,798

371,242

366,713

358,389

345,610

348,039

350,547

355,433

353,850

345,999

346,622

342,317

334,049

331,836

328,764

320,734

328,247

Commitments and contingencies

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

STOCKHOLDERS' EQUITY
Common stock, par value $1, authorized 15,000,000 shares, issued and outstanding 2,824,412 and 2,814,157 shares as of March 31, 2020 and December 31, 2019, respectively.

2,830

2,827

2,824

2,821

2,818

2,814

2,811

2,808

2,804

2,801

2,797

2,794

2,790

2,787

2,783

2,780

2,777

2,773

2,771

2,768

2,764

2,760

2,757

2,754

2,751

2,747

2,744

2,740

2,737

2,736

2,730

2,726

2,723

2,717

2,718

2,713

2,702

2,683

Additional paid-in capital

10,554

10,525

10,495

10,464

10,433

10,401

10,368

10,335

10,301

10,267

10,233

10,199

10,164

10,130

10,097

10,069

10,036

9,986

9,962

9,926

9,890

9,854

9,820

9,786

9,750

9,713

9,677

9,640

9,605

9,604

9,536

9,503

9,470

9,437

9,438

9,404

9,334

9,190

Retained earnings

22,522

22,537

22,280

21,957

21,919

22,066

21,936

21,778

21,581

21,605

21,935

21,803

21,745

21,707

21,591

21,754

21,723

21,718

21,271

21,458

21,216

21,112

20,908

20,658

20,498

20,300

19,925

19,404

19,038

18,783

18,448

18,051

17,668

17,209

16,725

16,226

15,300

14,311

Accumulated other comprehensive loss

-49

-209

-231

-352

-715

-1,230

-1,771

-1,377

-1,499

-631

-329

-262

-768

-810

490

793

131

-301

-79

-614

269

102

517

651

-3

-1,178

-977

-146

2,054

2,462

2,579

2,037

2,135

1,845

1,523

734

-1,004

-1,036

Total Stockholders' Equity

35,857

35,680

35,368

34,890

34,455

34,051

33,344

33,544

33,187

34,042

34,636

34,534

33,931

33,814

34,961

35,396

34,667

34,175

33,925

33,538

34,139

33,830

34,002

33,849

32,996

31,583

31,369

31,638

33,434

33,587

33,293

32,317

31,996

31,210

30,404

29,077

26,332

25,149

Total Liabilities and Stockholders' Equity

380,500

384,942

383,438

377,613

393,059

413,046

411,365

401,471

390,370

389,450

389,884

396,126

395,515

388,441

392,152

395,794

394,466

390,580

395,752

403,571

402,077

394,629

405,244

400,562

391,385

377,193

379,408

382,185

388,867

387,438

379,292

378,939

374,313

365,260

362,240

357,841

347,067

353,396