Docoh
Loading...

GLBZ Glen Burnie Bancorp

Glen Burnie Bancorp is a bank holding company, which engages in the provision of commercial and retail banking business through the The Bank of Glen Burnie. The firm also acquires, holds, and disposes real property, through GBB Properties, Inc. Its loan portfolio comprises consumer, residential real estate, indirect, commercial, construction, and commercial real estate loans. It also offers various ancillary products and services, which include safe deposit boxes, money orders, night depositories, automated clearinghouse transactions, wire transfers, automated teller machines, telephone banking, and customer call center services. The company was founded in 1949 and is headquartered in Glen Burnie, MD.

Company profile

Ticker
GLBZ
Exchange
CEO
John D. Long
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
IRS number
521782444

GLBZ stock data

(
)

Calendar

17 May 21
31 Jul 21
31 Dec 21
Quarter (USD)
Mar 21 Dec 20 Sep 20 Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
Dec 20 Dec 19 Dec 18 Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

2.7% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 7 9 -22.2%
Opened positions 0 0
Closed positions 2 1 +100.0%
Increased positions 0 1 EXIT
Reduced positions 2 2
13F shares
Current Prev Q Change
Total value 835K 825K +1.2%
Total shares 75.82K 81.32K -6.8%
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners
Shares Value Change
Context BH Capital Management 33.85K $372K 0.0%
Geode Capital Management 18.66K $206K 0.0%
Court Place Advisors 16.69K $184K 0.0%
MS Morgan Stanley 5.27K $58K 0.0%
UBS UBS Group AG - Registered Shares 731 $8K -39.8%
BLK Blackrock 598 $7K 0.0%
WFC Wells Fargo & Co. 14 $0 -6.7%
Proequities 0 $0
Largest transactions
Shares Bought/sold Change
First Manhattan 0 -5K EXIT
UBS UBS Group AG - Registered Shares 731 -484 -39.8%
BAC Bank Of America 0 -16 EXIT
WFC Wells Fargo & Co. 14 -1 -6.7%
Proequities 0 0
MS Morgan Stanley 5.27K 0 0.0%
Geode Capital Management 18.66K 0 0.0%
BLK Blackrock 598 0 0.0%
Court Place Advisors 16.69K 0 0.0%
Context BH Capital Management 33.85K 0 0.0%

Financial report summary

?
Management Discussion
  • Net income attributable to common stockholders for the three-month period ended March 31, 2021 was $594,000, or $0.21 per basic and diluted common share compared to $268,000, or $0.09 per basic and diluted common share for the same period of 2020. The results recorded for the three-month period ending March 31, 2021 were higher than the same period of 2020 resulting primarily from a $324,000 increase in the release of credit losses due to a decrease in the reservable balance (excluding PPP loans) in the loan portfolio and two loan recoveries in the first quarter of 2021.
  • Net Interest Income. The Company’s net interest income for the three-month period ended March 31, 2021 was $2.88 million, compared to $3.05 million for the same period in 2020, a decrease of $171,000, or 5.60%. The decrease in net interest income was due to lower interest income in the amount of $338,000 and lower interest expense in the
  • amount of $167,000. These decreases were primarily due to a decrease in loan balances, offset by higher interest and dividends income on securities, and a decrease in the costs of interest-bearing deposits.
Content analysis
?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Bad
New words: AA, ACL, Additionally, agency, arrive, ascribe, baseline, Beach, cancellable, closed, cohort, comparison, confirmed, culture, deducted, detailed, disaggregated, disinfected, diversity, enabled, experienced, explicit, family, farmland, forecast, forecasted, forecasting, functional, group, guaranty, issuance, land, legacy, LIBOR, lifetime, main, migration, multifamily, November, OTTI, overlay, parallel, peer, preliminary, prevailing, quarantined, recover, referencing, release, relevant, reopened, replaced, resurgence, Riviera, senior, split, team, terminology, threshold, tool, unconditionally, utilize, utilized, utilizing, vacant, validated, written
Removed: accelerated, acquiring, affirmed, amend, amendment, AOCI, assignment, bankruptcy, commonly, concentration, connection, consisted, continuing, delay, designate, designation, deterioration, develop, disclose, disposing, dividend, Draft, eliminated, equivalent, excessive, exempt, expand, expect, expedient, external, February, GBB, geographic, guarantor, hedged, instituted, investing, irrevocably, issuer, lapse, leasing, lessor, lieu, magnitude, median, modify, national, nonfinancial, Nonrefundable, outlined, package, payoff, penetration, permanent, population, postretirement, practical, precluded, predict, premium, qualify, question, reassessment, recast, reclassification, reclassify, reclassifying, referred, refine, reflecting, reinvestment, relating, relation, relationship, repayment, retain, reversal, separate, sixty, sponsor, Subsequently, Targeted, tenant, transitioning, treated, unchanged, undrawn, unelect, unemployment