Glen burnie bancorp (GLBZ)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
INTEREST INCOME
Interest and fees on loans

12,747

12,348

11,421

11,190

11,577

12,318

12,673

13,123

13,898

14,646

15,248

U.S. Treasury securities

-

-

-

-

79

27

-

-

-

-

-

U.S. Treasury and U.S. Government agency securities

-

-

-

-

744

722

871

894

1,488

1,915

1,854

State and municipal securities

-

-

-

-

1,080

1,357

1,656

1,705

1,605

1,400

1,308

Interest and dividends on securities

1,429

2,100

2,007

1,972

37

21

33

57

114

166

189

Interest on deposits with banks and federal funds sold

338

245

179

119

10

10

3

4

5

9

12

Other

-

-

-

-

75

61

-

-

-

-

31

Other

-

-

-

-

-

-

44

31

19

-

-

Other

-

-

-

-

-

-

-

31

19

-

-

Other

-

-

-

-

-

-

-

-

-

40

-

Total Interest Income

14,514

14,693

13,607

13,281

13,605

14,519

15,281

15,817

17,131

18,178

18,644

INTEREST EXPENSE
Interest on deposits

1,349

1,348

1,300

1,481

1,750

1,893

2,014

2,610

3,038

3,696

4,937

Interest on short-term borrowings

578

754

452

-

0

0

7

1

3

1

0

Interest on long-term borrowings

-

-

185

642

640

640

640

642

640

952

1,058

Junior subordinated debentures

-

-

-

-

-

-

-

-

-

648

546

Total Interest Expense

1,927

2,102

1,937

2,123

2,390

2,533

2,661

3,255

3,682

5,298

6,542

Net Interest Income

12,587

12,591

11,670

11,158

11,214

11,985

12,620

12,562

13,449

12,880

12,101

Provision for loan losses

-115

856

336

868

1,695

1,020

260

250

663

1,050

2,442

Net interest income after provision for loan losses

12,702

11,735

11,334

10,290

9,519

10,964

12,360

12,312

12,786

11,830

9,658

NONINTEREST INCOME
Gains on redemption of BOLI policies

-

308

-

-

-

-

-

-

-

-

-

Gain on securities sold

3

-

1

-

-

-

-

-

-

-

-

Service charges on deposit accounts

-

-

-

323

443

463

595

575

626

648

693

Other fees and commissions

-

-

-

641

1,308

826

825

837

814

823

817

Gains on the redemption of BOLI policies

-

-

-

-

0

0

-

-

-

-

-

Gains on investment securities, net

-

-

-

2

1,037

1,155

345

162

408

175

585

Income on life insurance

163

172

199

215

219

223

234

247

239

251

268

Gains on sale of OREO

-

15

-

-

-

-

-

-

-

-

-

Other income

-

-

2

399

-

-

-

-

-

-

-

Total Noninterest Income

1,295

1,517

1,285

1,580

3,008

2,670

2,001

1,822

2,089

1,898

2,365

NONINTEREST EXPENSE
Salary and benefits

-

-

-

-

4,926

4,998

4,963

4,996

4,931

-

-

Salaries and wages

-

-

-

-

-

-

-

-

-

4,856

4,792

Employee benefits

-

-

-

-

1,565

1,633

1,788

1,815

1,643

1,823

1,503

Salary and benefits

6,826

6,593

6,165

6,212

-

-

-

-

-

-

-

Occupancy and equipment expenses

1,429

1,170

1,180

-

778

806

785

804

846

830

871

Occupancy and equipment expenses

-

-

-

1,063

-

-

-

-

-

-

-

Legal, accounting and other professional fees

1,056

917

780

757

-

-

-

-

-

-

-

Data processing and item processing services

531

614

574

706

-

-

-

-

-

-

-

FDIC insurance costs

131

314

251

288

-

-

-

-

-

-

-

Advertising and marketing related expenses

107

104

162

78

-

-

-

-

-

-

-

Loan collection costs

107

145

78

203

-

-

-

-

-

-

-

Telephone costs

244

253

276

192

-

-

-

-

-

-

-

Furniture and equipment

-

-

-

-

932

925

842

792

814

761

761

Other expenses

1,515

1,429

1,329

1,353

2,728

3,048

2,717

2,386

2,788

2,643

2,989

Total impairment losses on investment securities

-

-

-

-

-

-

124

-

291

979

1,179

Portion of impairment losses recognized in other comprehensive income (before taxes)

-

-

-

-

-

-

109

-

200

717

1,102

Net impairment loss on investment securities

-

-

-

-

-

-

15

-

91

262

76

Total Noninterest Expenses

11,946

11,539

10,795

10,852

10,930

11,412

11,113

10,795

11,115

11,178

10,994

Income before income taxes

2,051

1,713

1,824

1,018

1,597

2,223

3,248

3,338

3,760

2,550

1,029

Income tax expense

452

130

913

-83

244

308

633

673

767

485

-233

NET INCOME

1,599

1,583

911

1,101

1,352

1,914

2,614

2,665

2,993

2,064

1,262

Basic and diluted net income per share of common stock

0.57

0.56

0.33

0.40

0.49

0.69

0.95

0.98

1.10

0.76

0.46

Service charges on deposit accounts
Noninterest Income

255

248

281

-

-

-

-

-

-

-

-

Other fees and commissions
Noninterest Income

874

774

802

-

-

-

-

-

-

-

-