GLEN BURNIE BANCORP GLBZ Income Statement

Glen burnie bancorp (GLBZ)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
INTEREST INCOME
Interest and fees on loans
12,629	12,747	12,790	12,883	12,665	12,348	12,021	11,635	11,519	11,421	11,310	11,222	11,129	11,190	11,255	11,354	11,469	11,577	11,782	11,996	12,155	12,318	12,608	12,751	12,776	12,673	12,493	12,555	12,762	13,123	13,342	13,521	13,752	13,898	14,184	14,378	0	0	0
U.S. Treasury and U.S. Government agency securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	809	744	796	756	716	722	790	860	900	871	832	831	827	894	1,033	1,200	1,401	1,488	1,642	1,768	0	0	0
State and municipal securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	991	1,080	1,167	1,264	1,329	1,357	1,409	1,481	1,568	1,656	1,695	1,694	1,706	1,705	1,697	1,677	1,638	1,605	1,554	1,485	0	0	0
Interest and dividends on securities
1,410	1,429	1,577	1,777	1,976	2,100	2,069	2,041	2,013	2,007	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest on deposits with banks and federal funds sold
265	338	350	329	317	245	229	215	196	179	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	78	75	99	91	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	-	0	0
Total Interest Income
14,304	14,514	14,717	14,989	14,958	14,693	14,319	13,891	13,728	13,607	13,481	13,365	13,253	13,281	13,292	13,370	13,476	13,605	13,876	14,138	14,324	14,519	14,896	15,178	15,326	15,281	15,106	15,171	15,391	15,817	16,162	16,506	16,901	17,131	17,566	17,829	0	0	0
INTEREST EXPENSE
Interest on deposits
1,342	1,349	1,353	1,379	1,371	1,348	1,312	1,274	1,276	1,300	1,332	1,372	1,422	1,481	1,547	1,610	1,680	1,750	1,826	1,904	1,925	1,893	1,808	1,814	1,885	2,014	2,214	2,350	2,481	2,610	2,745	2,852	2,948	3,038	3,221	3,414	0	0	0
Interest on short-term borrowings
466	578	713	801	849	754	650	594	513	452	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	0	-	3	0	0	0	-	-
Interest on long-term borrowings
-	-	-	-	-	-	-	-	-	185	346	475	558	642	642	641	642	640	640	640	640	640	640	640	640	640	640	641	640	642	642	641	642	640	745	848	0	0	0
Junior subordinated debentures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Total Interest Expense
1,808	1,927	2,066	2,180	2,220	2,102	1,962	1,901	1,898	1,937	1,986	2,013	2,062	2,123	2,189	2,251	2,322	2,390	2,466	2,544	2,565	2,533	2,452	2,461	2,532	2,661	2,858	2,993	3,124	3,255	3,389	3,494	3,591	3,682	4,178	4,694	0	0	0
Net Interest Income
12,496	12,587	12,651	12,809	12,738	12,591	12,357	11,990	11,830	11,670	11,495	11,352	11,191	11,158	11,102	11,118	11,153	11,214	11,409	11,593	11,758	11,985	12,444	12,717	12,794	12,620	12,248	12,178	12,267	12,562	12,773	13,012	13,310	13,449	13,388	13,135	0	0	0
Provision for loan losses
-368	-115	319	704	669	856	694	526	501	336	878	916	946	868	643	1,512	1,662	1,695	2,030	1,170	1,132	1,020	0	0	0	-	-	-	-	-	-	-	438	663	675	975	0	0	0
Provision for credit losses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-
Net interest income after provision for loan losses
12,864	12,702	12,332	12,105	12,069	11,735	11,663	11,464	11,329	11,334	10,617	10,436	10,245	10,290	10,459	9,606	9,491	9,519	9,378	10,422	10,625	10,964	11,909	12,307	12,496	12,360	12,148	11,928	12,017	12,312	12,335	12,574	12,872	12,786	12,713	12,160	0	0	0
NONINTEREST INCOME
Gains on redemption of BOLI policies
-	-	-	-	-	308	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on securities sold
1	3	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Service charges on deposit accounts
-	-	-	-	-	-	-	-	-	-	-	-	-	323	370	400	421	443	434	433	444	463	511	562	581	595	592	570	570	575	573	583	604	626	631	637	0	0	0
Other fees and commissions
-	-	-	-	-	-	-	-	-	-	-	-	-	641	1,244	1,287	1,297	1,308	809	816	825	826	815	825	821	825	846	820	825	837	786	796	807	814	857	827	0	0	0
Gains on investment securities, net
-	-	-	-	-	-	-	-	-	-	-	-	-	2	369	569	839	1,037	1,243	1,404	1,275	1,155	652	441	422	345	318	230	141	162	180	203	243	408	522	0	0	0	-
Other non-interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	-	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Other non-interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0	-	0	0	0	0	-
Income on life insurance
162	163	165	164	168	172	178	188	194	199	206	209	211	215	215	216	218	219	220	221	222	223	226	229	231	234	237	241	245	247	244	241	238	239	247	254	0	0	0
Gains on sale of OREO
-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income
-	-	-	-	-	-	-	-	-	2	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Noninterest Income
1,268	1,295	1,269	1,209	1,313	1,517	1,553	1,590	1,492	1,285	1,549	1,521	1,551	1,580	1,735	2,058	2,778	3,008	3,201	3,303	2,775	2,670	2,216	2,063	2,055	2,001	1,979	1,863	1,783	1,822	1,824	1,829	1,896	2,089	2,319	2,247	0	0	0
NONINTEREST EXPENSE
Salary and benefits
-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	4,996	0	0	0	-	-	-	-	-	-
Salary and benefits
6,761	6,826	6,653	6,678	6,642	6,593	0	0	0	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	0	0	0	0	0
Occupancy and equipment expenses
1,446	1,429	1,317	1,249	1,179	1,170	1,107	1,217	1,187	1,180	0	0	0	-	902	820	762	778	783	784	798	806	814	815	805	785	803	804	809	804	796	814	814	846	847	833	0	0	0
Legal, accounting and other professional fees
1,076	1,056	957	910	887	917	952	920	836	780	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Data processing and item processing services
589	531	540	599	658	614	536	498	538	574	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FDIC insurance costs
126	131	243	307	312	314	251	251	249	251	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Advertising and marketing related expenses
105	107	118	107	114	104	116	138	148	162	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loan collection costs
161	107	53	63	117	145	159	152	101	78	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Telephone costs
225	244	256	250	262	253	244	286	278	276	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of securities and stocks
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of securities and stocks
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0
Other expenses
1,420	1,515	1,620	1,597	1,610	1,429	1,411	1,299	1,257	1,329	552	741	697	1,353	1,583	2,090	2,761	2,728	2,780	3,014	2,969	3,048	3,244	3,008	2,905	2,717	2,579	2,523	2,457	2,386	2,383	2,435	2,627	2,788	3,668	3,686	0	0	0
Total Noninterest Expenses
11,909	11,946	11,757	11,760	11,781	11,539	11,406	11,260	11,059	10,795	10,619	10,862	10,750	10,852	10,914	10,613	10,784	10,930	11,013	11,353	11,316	11,412	11,609	11,452	11,343	11,113	10,932	10,802	10,794	10,795	10,750	10,818	10,990	11,115	11,203	11,269	0	0	0
Income before income taxes
2,223	2,051	1,844	1,554	1,601	1,713	1,810	1,794	1,762	1,824	1,547	1,095	1,046	1,018	1,280	1,051	1,485	1,597	1,567	2,373	2,085	2,223	2,516	2,918	3,208	3,248	3,194	2,988	3,005	3,338	3,409	3,585	3,778	3,760	3,829	3,138	0	0	0
Income tax expense
491	452	373	250	138	130	792	804	912	913	87	-69	-88	-83	127	5	229	244	180	468	263	308	431	564	649	633	621	540	541	673	597	673	764	767	903	660	0	0	0
NET INCOME
1,732	1,599	1,471	1,304	1,463	1,583	1,018	990	850	911	1,460	1,164	1,134	1,101	1,152	1,045	1,255	1,352	1,386	1,904	1,821	1,914	2,084	2,353	2,558	2,614	2,573	2,448	2,464	2,665	2,812	2,912	3,014	2,993	2,926	2,478	0	0	0
Basic and diluted net income per share of common stock
0.09	0.20	0.21	0.11	0.05	0.14	0.16	0.17	0.09	-0.05	0.15	0.12	0.11	0.15	0.04	0.11	0.10	0.16	0.00	0.19	0.14	0.17	0.19	0.16	0.17	0.23	0.29	0.24	0.19	0.23	0.24	0.24	0.27	0.27	0.29	0.28	0.26	0.25	0.12
Weighted average shares of common stock outstanding (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,775	-	2,770	2,767	2,764	-	2,757	2,754	2,750	-	2,743	2,740	2,736	-	2,729	2,726	2,722	-	2,712	2,708	-	-	-
Weighted average shares of common stock outstanding
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,702	-	-
Weighted average shares of common stock outstanding
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,692	2,687
Dividends declared per share of common stock (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.10	-	0.07	0.10	0.10	-	0.10	0.10	0.10	-	0.10	0.10	0.10	-	0.10	0.10	0.10	-	0.10	0.10	0.10	0.10	0.10
Service charges on deposit accounts
Noninterest Income
250	255	248	245	242	248	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other fees and commissions
Noninterest Income
855	874	853	782	784	774	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-