The equity-to-assets ratio remains thin at 0.06, providing minimal cushion against potential credit losses or volatility within the $300.0 million investment securities portfolio.
Glen Burnie Bancorp (GLBZ) balance sheet — 30-year assets, liabilities & shareholders' equity history
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 | Dec'06 | Dec'05 | Dec'04 | Dec'03 | Dec'02 | Dec'01 | Dec'00 | Dec'99 | Dec'98 | Dec'97 | Dec'96 |
|---|
| Cash & Short Term Investments | 7.54M | 1.78M | 99.01M | 141.47M | 174.22M | 218.11M | 151.14M | 84.78M | 97.53M | 101.95M | 105.23M | 9.8M | 9.26M | 10.85M | 15.96M | 9.3M | 8.06M | 10.74M | 14.84M | 14.07M | 9.35M | 13.12M | 9.83M | 11.18M | 11.34M | 12.77M | 9.61M | 8.33M | 16.02M | 28.54M | 22.68M |
| Cash & Due from Banks | 2.42M | 1.78M | 24.46M | 15.24M | 30.09M | 62.18M | 37.09M | 13.29M | 15.95M | 12.61M | 10.62M | 9.8M | 9.26M | 10.85M | 15.96M | 9.3M | 8.06M | 10.74M | 14.84M | 14.07M | 9.35M | 13.12M | 9.83M | 11.18M | 11.34M | 12.77M | 9.61M | 8.33M | 16.02M | 28.54M | 22.68M |
| Short Term Investments | 0 | 71.47M | 74.55M | 126.23M | 144.13M | 155.93M | 114.05M | 71.49M | 81.57M | 89.35M | 94.61M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Investments | 371.96M | 299.97M | 276.93M | 300.38M | 328.41M | 363.85M | 366.35M | 354.16M | 378.15M | 358.37M | 357.18M | 358.43M | 361.98M | 345M | 350.12M | 335.6M | 317.12M | 320.35M | 293.08M | 277.62M | 289.83M | 277.49M | 277.2M | 276.16M | 250.4M | 236.63M | 214.97M | 194.43M | 190.05M | 193.4M | 221.25M |
| Investments Growth % | 52.05% | 8.32% | -7.81% | -8.54% | -9.74% | -0.68% | 3.44% | -6.34% | 5.52% | 0.33% | -0.35% | -0.98% | 4.92% | -1.46% | 4.33% | 5.83% | -1.01% | 9.3% | 5.57% | -4.21% | 4.45% | 0.1% | 0.38% | 10.28% | 5.82% | 10.08% | 10.56% | 2.3% | -1.73% | -12.58% | -1.7% |
| Long-Term Investments | 1.1B | 228.5M | 202.38M | 174.15M | 184.28M | 207.92M | 252.3M | 282.67M | 296.58M | 269.02M | 262.57M | 358.43M | 361.98M | 345M | 350.12M | 335.6M | 317.12M | 320.35M | 293.08M | 277.62M | 289.83M | 277.49M | 277.2M | 276.16M | 250.4M | 236.63M | 214.97M | 194.43M | 190.05M | 193.4M | 221.25M |
| Accounts Receivables | 0 | 1.29M | 1.34M | 1.19M | 1.16M | 1.08M | 1.3M | 961K | 1.2M | 1.13M | 1.14M | 1.12M | 1.27M | 1.51M | 1.45M | 1.54M | 1.54M | 1.63M | 1.68M | 1.51M | 1.63M | 1.45M | 1.48M | 1.58M | 1.55M | 1.53M | 1.68M | 1.28M | 1.4M | 1.56M | 1.94M |
| Goodwill & Intangibles | 317K | 317K | 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 | 0 | 0 | 0 | 0 |
| Goodwill | 317K | 317K | 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 | 0 | 0 | 0 | 0 |
| Intangible Assets | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| PP&E (Net) | 2.19M | 2.39M | 2.68M | 3.05M | 3.28M | 3.56M | 3.85M | 3.76M | 3.11M | 3.37M | 3.64M | 3.37M | 3.67M | 3.7M | 3.87M | 4.11M | 4.12M | 4.12M | 3.1M | 3.09M | 3.41M | 3.86M | 4.03M | 4.22M | 4.81M | 3.89M | 4.27M | 4.25M | 5.52M | 5.07M | 4.76M |
| Other Assets | 10.86M | 118.11M | 44.37M | 23.46M | 9.1M | 9.78M | 10.32M | 10.47M | 11.6M | 10.64M | 11.49M | 15.18M | 15.4M | 12.53M | 14.8M | 13.03M | 12.88M | 13.43M | 17.51M | 10.54M | 13.53M | 10.64M | 9.77M | 9.12M | 11.31M | 8.55M | 8.68M | 5.15M | 3.69M | 1.31M | 1.27M |
| Total Current Assets | 4.17M | 3.06M | 100.98M | 143.26M | 175.88M | 219.84M | 152.88M | 87.36M | 100.37M | 103.98M | 107.58M | 10.92M | 10.53M | 12.36M | 17.41M | 10.84M | 9.6M | 12.37M | 16.52M | 15.58M | 10.98M | 14.57M | 11.32M | 12.75M | 12.89M | 14.29M | 11.29M | 9.61M | 17.42M | 30.09M | 24.62M |
| Total Non-Current Assets | 394.63M | 356.85M | 257.98M | 208.56M | 205.56M | 222.22M | 266.61M | 297.58M | 312.68M | 285.46M | 280.86M | 379.66M | 384.1M | 364.83M | 370.03M | 354.42M | 337.47M | 341.03M | 315.98M | 291.7M | 306.77M | 291.99M | 290.99M | 289.5M | 266.52M | 249.07M | 227.92M | 203.83M | 200.15M | 201.81M | 229.71M |
| Total Assets | 398.79M | 359.92M | 358.96M | 351.81M | 381.44M | 442.07M | 419.49M | 384.94M | 413.05M | 389.45M | 388.43M | 390.58M | 394.63M | 377.19M | 387.44M | 365.26M | 347.07M | 353.4M | 332.5M | 307.27M | 317.75M | 306.56M | 302.31M | 302.25M | 279.41M | 263.36M | 239.21M | 213.44M | 217.57M | 231.9M | 254.32M |
| Asset Growth % | 32.57% | 0.27% | 2.03% | -7.77% | -13.72% | 5.38% | 8.97% | -6.8% | 6.06% | 0.26% | -0.55% | -1.03% | 4.62% | -2.64% | 6.07% | 5.24% | -1.79% | 6.28% | 8.21% | -3.3% | 3.65% | 1.41% | 0.02% | 8.18% | 6.09% | 10.1% | 12.07% | -1.9% | -6.18% | -8.82% | 3.31% |
| Return on Assets (ROA) | -0.02% | -0.01% | -0.03% | 0.39% | 0.42% | 0.58% | 0.41% | 0.4% | 0.39% | 0.23% | 0.28% | 0.34% | 0.5% | 0.68% | 0.71% | 0.84% | 0.59% | 0.37% | 0.13% | 0.89% | 0.87% | 0.91% | 1.01% | 1.06% | 1.04% | 0.69% | 1.01% | 0.67% | 0.37% | 0.31% | -0.41% |
| Accounts Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 34.12K | 39.85K | 39.82K | 28.52K | 28.36K | 48.1K | 55.13K | 284.12K | 311.1K | 305.79K | 317.16K | 255K | 227.5K | 238.62K | 282.92K | 326.69K | 362.15K | 152.56K | 0 | 0 | 0 |
| Total Debt | 19M | 4M | 30M | 30M | 377K | 20M | 29.91M | 25M | 55M | 20M | 20M | 20M | 20M | 20M | 20M | 20.25M | 24.27M | 32.27M | 27.7M | 17.61M | 12.84M | 12.95M | 12.9M | 13.83M | 8.09M | 8.16M | 7.78M | 2.46M | 1.14M | 889.4K | 547.94K |
| Net Debt | 16.59M | 2.22M | 5.54M | 14.76M | -30.09M | -42.18M | -7.18M | 11.71M | 39.05M | 7.39M | 9.38M | 10.2M | 10.74M | 9.15M | 4.04M | 10.96M | 16.21M | 21.53M | 12.86M | 3.54M | 3.49M | -169K | 3.06M | 2.65M | -3.25M | -4.61M | -1.83M | -5.86M | -14.88M | -27.65M | -22.13M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 10M | 0 | 0 | 0 | 0 | 10M | 20M | 20M | 20M | 20M | 20M | 20M | 32.19M | 27.07M | 17.11M | 12.3M | 12.33M | 12.36M | 7.23M | 7.25M | 7.27M | 7.3M | 0 | 0 | 0 | 0 |
| Short-Term Debt | 19M | 4M | 30M | 30M | 188K | 10M | 29.91M | 25M | 55M | 20M | 10M | 0 | 0 | 0 | 0 | 254.75K | 4.27M | 81.29K | 629.86K | 502.53K | 545.35K | 622K | 542K | 6.6M | 837.07K | 882.41K | 487.98K | 2.46M | 1.14M | 889.4K | 547.94K |
| Other Liabilities | 362.98M | 334.49M | 1.95M | 2.42M | 317K | 304K | 285K | 317K | 285K | 335K | 334.88K | 1.17M | 1.61M | 1.5M | 1.53M | 1.53M | 1.73M | 1.11M | 6.43M | 6.32M | 1.55M | 1.15M | 1.48M | 1.94M | 2.43M | 2.36M | 2.55M | 1.49M | 2.49M | 4.68M | 2.19M |
| Total Current Liabilities | 19M | 4M | 339.19M | 330.07M | 365.06M | 396.05M | 382.11M | 348.94M | 378.71M | 355.07M | 344.29M | 335.23M | 339.19M | 324.11M | 332.32M | 312.52M | 299.01M | 294.95M | 271.09M | 254.11M | 275.7M | 266.46M | 262.73M | 263.99M | 242.78M | 230.71M | 207.03M | 198.3M | 200.92M | 208.26M | 233.55M |
| Total Non-Current Liabilities | 362.98M | 334.49M | 1.95M | 2.42M | 317K | 10.3M | 285K | 317K | 285K | 335K | 10.33M | 21.17M | 21.61M | 21.5M | 21.53M | 21.53M | 21.73M | 33.29M | 33.5M | 23.43M | 13.85M | 13.47M | 13.84M | 9.16M | 9.69M | 9.63M | 9.84M | 1.49M | 2.49M | 4.68M | 2.19M |
| Total Liabilities | 381.98M | 338.49M | 341.14M | 332.49M | 365.38M | 406.35M | 382.39M | 349.26M | 379M | 355.41M | 354.62M | 356.4M | 360.8M | 345.61M | 353.85M | 334.05M | 320.73M | 328.25M | 304.59M | 277.54M | 289.55M | 279.94M | 276.57M | 273.15M | 252.46M | 240.35M | 216.88M | 198.34M | 203.4M | 212.94M | 235.74M |
| Total Equity | 16.81M | 21.43M | 17.82M | 19.32M | 16.05M | 35.72M | 37.09M | 35.68M | 34.05M | 34.04M | 33.81M | 34.18M | 33.83M | 31.58M | 33.59M | 31.21M | 26.33M | 25.15M | 27.91M | 29.74M | 28.2M | 26.63M | 30.9M | 29.1M | 26.94M | 23.02M | 22.34M | 15.1M | 14.17M | 18.96M | 18.59M |
| Equity Growth % | 23.22% | 20.25% | -7.8% | 20.38% | -55.05% | -3.71% | 3.96% | 4.78% | 0.03% | 0.67% | -1.06% | 1.02% | 7.11% | -5.96% | 7.61% | 18.53% | 4.7% | -9.88% | -6.15% | 5.45% | 5.92% | -13.83% | 6.17% | 8.01% | 17.07% | 3.05% | 47.9% | 6.59% | -25.29% | 2.03% | -9.5% |
| Equity / Assets (Capital Ratio) | 4.22% | 5.95% | 4.96% | 5.49% | 4.21% | 8.08% | 8.84% | 9.27% | 8.24% | 8.74% | 8.71% | 8.75% | 8.57% | 8.37% | 8.67% | 8.54% | 7.59% | 7.12% | 8.39% | 9.68% | 8.88% | 8.69% | 10.22% | 9.63% | 9.64% | 8.74% | 9.34% | 7.08% | 6.51% | 8.18% | 7.31% |
| Return on Equity (ROE) | -0.39% | -0.15% | -0.6% | 8.08% | 6.74% | 6.91% | 4.58% | 4.59% | 4.65% | 2.69% | 3.24% | 3.98% | 5.85% | 8.02% | 8.23% | 10.4% | 8.02% | 4.76% | 1.4% | 9.6% | 9.92% | 9.65% | 10.18% | 10.98% | 11.25% | 7.61% | 12.15% | 9.88% | 5.03% | 3.98% | -5.22% |
| Book Value per Share | 5.73 | 7.34 | 6.16 | 6.73 | 5.61 | 12.54 | 13.08 | 12.65 | 12.13 | 12.18 | 12.16 | 12.34 | 12.28 | 11.52 | 12.31 | 11.51 | 9.79 | 9.13 | 9.36 | 9.95 | 9.50 | 7.53 | 8.78 | 12.02 | 9.32 | 8.03 | 7.84 | 5.33 | 3.61 | 5.58 | 6.16 |
| Tangible BV per Share | 5.62 | 7.24 | 6.16 | 6.73 | 5.61 | 12.54 | 13.08 | 12.65 | 12.13 | 12.18 | 12.16 | 12.34 | 12.28 | 11.52 | 12.31 | 11.51 | 9.79 | 9.13 | 9.36 | 9.95 | 9.50 | 7.53 | 8.78 | 12.02 | 9.32 | 8.03 | 7.84 | 5.33 | 3.61 | 5.58 | 6.16 |
| Common Stock | 2.94M | 2.92M | 2.9M | 2.88M | 2.87M | 2.85M | 2.84M | 2.83M | 2.81M | 2.8M | 2.79M | 2.77M | 2.76M | 2.75M | 2.74M | 2.72M | 2.7M | 2.68M | 2.97M | 2.5M | 2.48M | 2.06M | 2.04M | 1.69M | 1.68M | 1.66M | 1.11M | 1.09M | 894.94K | 10.93M | 8.84M |
| Additional Paid-in Capital | 11.17M | 11.12M | 11.04M | 10.96M | 10.86M | 10.76M | 10.64M | 10.53M | 10.4M | 10.27M | 10.13M | 9.99M | 9.85M | 9.71M | 9.6M | 9.44M | 9.33M | 9.19M | 11.57M | 11.92M | 11.72M | 11.46M | 11.17M | 10.86M | 10.64M | 10.39M | 10.37M | 10.15M | 9.79M | 6.58M | 6.19M |
| Retained Earnings | 22.87M | 22.85M | 22.88M | 23.86M | 23.58M | 22.98M | 23.07M | 22.54M | 22.07M | 21.61M | 21.71M | 21.72M | 21.11M | 20.3M | 18.78M | 17.21M | 15.3M | 14.31M | 14.13M | 15.75M | 14.31M | 13.34M | 11.77M | 10.12M | 7.95M | 5.97M | 5.54M | 4.01M | 3.2M | 1.24M | 3.29M |
| Accumulated OCI | -20.05M | -15.38M | -19M | -18.38M | -21.25M | -874K | 540K | -209K | -1.23M | -631K | -810K | -301.73K | 102.73K | -1.18M | 2.46M | 1.85M | -1M | -1.04M | -757.35K | -433.6K | -316.52K | -230K | 760.18K | 1.28M | 1.53M | -163.02K | 152.84K | -153.47K | 282.36K | 224.93K | 264.81K |
| Treasury Stock | -116K | -81K | 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 | 0 | 0 | 0 | 0 |
| Preferred Stock | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
Quick answers to the most common questions about buying GLBZ stock.
As of 2025, Glen Burnie Bancorp (GLBZ) had total assets of $359.9M including $3.1M in current assets.
Glen Burnie Bancorp (GLBZ) carries total debt of $4.0M. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Glen Burnie Bancorp (GLBZ) has total shareholders' equity (book value) of $21.4M ($7.34 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Glen Burnie Bancorp (GLBZ) reported a current ratio of 0.77x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.
Key Metrics
Top Statement Risk
Capital erosion and scale
Metrics are mathematically derived from official filings.
Asset Base Stagnation and Contraction
According to quarterly financial data, GLBZ's total assets have remained largely stagnant, fluctuating within a narrow range of $350 million to $370 million over the last ten quarters, which suggests a lack of meaningful organic growth in its core Maryland market.
The bank's inability to expand its asset base beyond this plateau indicates that its localized business model may be reaching a saturation point. Investors should monitor whether this lack of growth is a strategic choice to preserve capital or a symptom of competitive displacement by larger regional institutions.
Thinning Capital Buffers Limit Flexibility
As reported in recent financial statements, the equity-to-assets ratio has hovered near 5% to 6% over the last ten quarters, a level that leaves the institution with minimal cushion to absorb unexpected credit losses or market-driven volatility in its investment portfolio.
This thin capital position appears to constrain the bank's ability to pursue growth or absorb shocks without further diluting existing shareholders. The persistent pressure on equity levels suggests that the bank's current earnings profile is insufficient to support its existing balance sheet structure.
Reliance on Securities Portfolio Liquidation
Based on the provided balance sheet figures, the bank has consistently reduced its investment securities portfolio from $324.2 million in 2024Q3 to $300.0 million by 2025Q4, signaling a potential reliance on asset liquidation to manage liquidity needs rather than organic deposit growth.
The shift toward liquidating securities may indicate that core deposit inflows are insufficient to fund the bank's operations or loan demand. This strategy warrants further investigation, as it effectively reduces the bank's future interest-earning capacity and limits its long-term liquidity management options.
Duration Mismatch and Margin Sensitivity
As evidenced by the persistent 0.8% net interest margin, the bank appears to face a significant duration mismatch where its long-term assets are not repricing quickly enough to offset the rising costs of its local deposit base in northern Anne Arundel County.
This structural sensitivity suggests that the bank is highly vulnerable to interest rate volatility, which may continue to compress margins if deposit betas remain elevated. The lack of improvement in the NIM despite shifting rate environments implies that the bank's current asset-liability management strategy may be fundamentally misaligned.