Glen Burnie Bancorp
thebankofglenburnie.comNo Longer Reporting
The company has not filed an annual or quarterly report since its Q3 FY2025 10-Q, filed Nov 14, 2025. Its latest SEC filing is a 15-12G from Jan 13, 2026.
10-Q for Q3 FY2025, filed Nov 14, 2025
The sections below describe the company as of the FY2024 annual report.
What Did They Do?
Accepts deposits and makes residential and commercial real estate, business, and consumer loans for individuals, small and midsize businesses, and real estate investors.
10-K for FY2024, filed Apr 8, 2025Glen Burnie Bancorp (the “Company”) is a bank holding company organized in 1990 under the laws of the State of Maryland. The Company owns…View ↗
The Bank’s real estate financing consists of residential first and second mortgage loans, home equity lines of credit and commercial…View ↗
Our primary market focus is on making loans to and gathering deposits from small and medium-sized businesses and their owners…View ↗
Who Were Their Customers?
The Bank serves individuals, small and midsize businesses, their owners, professionals, executives, and real estate investors. Customers use consumer and business deposit accounts and seek loans; auto borrowers apply through local dealers, which send applications to the Bank.
10-K for FY2024, filed Apr 8, 2025Our primary market focus is on making loans to and gathering deposits from small and medium-sized businesses and their owners…View ↗
Deposits are the major source of our funding. We offer a broad array of consumer and business deposit products that include demand, money…View ↗
The Bank commenced its indirect lending program in January 1998. The Bank finances new and used automobiles for terms of no more than 84…View ↗
How Were They Changing?
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Dec 12, 2025
Plans Nasdaq delisting and SEC deregistration
It expects OTCQX trading, but says there is no guarantee trading will continue there.
Sources
8-K, filed Dec 12, 2025
Glen Burnie, MD – December 12, 2025 – Glen Burnie Bancorp (“Bancorp”) (NASDAQ: GLBZ), the bank holding Bancorp for The Bank of Glen Burnie…View ↗
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Nov 18, 2025
Todd Capitani appointed chief financial officer
Sources
8-K, filed Nov 18, 2025
On November 13, 2025, the Board of Directors of Glen Burnie Bancorp (the “Company”) approved the appointment of Todd Capitani as Treasurer…View ↗
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Nov 3, 2025
Acquired VA Wholesale Mortgage
The mortgage business specializes in loans for veterans and military personnel and adds mortgage origination and sale capabilities.
Sources
8-K, filed Nov 3, 2025
As of the close of business on August 15, 2025, The Bank of Glen Burnie (“Bank”) completed the acquisition of VA Wholesale Mortgage…View ↗
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