Glen Burnie Bancorp (GLBZ)

Glen Burnie Bancorp Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	22.46	15.24	30.09	62.18	36.69	11.79
Investment Securities	119.96	79.65	76.99	78.05	62.46	16.17
Mortgage-Backed Securities	-	59.78	67.15	77.88	51.59	55.32
Total Investments	119.96	139.43	144.13	155.93	114.05	71.49
Gross Loans	206.98	176.31	186.44	210.39	253.77	284.74
Allowance for Loan Losses	-2.75	-2.16	-2.16	-2.47	-1.48	-2.07
Net Loans	204.23	174.15	184.28	207.92	252.3	282.67
Property, Plant & Equipment	2.72	3.05	3.28	3.56	3.85	3.76
Accrued Interest Receivable	1.48	1.19	1.16	1.09	1.3	0.96
Other Receivables	0.5	0.12	-	0.3	0.12	1.22
Restricted Cash	-	-	-	-	0.4	1.5
Other Current Assets	0.49	0.48	0.49	0.35	0.32	0.41
Long-Term Deferred Tax Assets	6.88	7.9	8.9	0.96	0.14	0.67
Other Real Estate Owned & Foreclosed	-	-	-	-	0.58	0.71
Other Long-Term Assets	9.65	10.26	9.1	9.78	9.74	9.77
Total Assets	368.36	351.81	381.44	442.07	419.49	384.94
Accrued Expenses	2.6	1.41	1.49	2.43	2.54	2.47
Interest Bearing Deposits	198.34	170.64	199.69	203	188.72	179.55
Institutional Deposits	-	12.5	20	24.62	28.27	34.74
Non-Interest Bearing Deposits	115.94	116.92	143.26	155.62	132.63	107.16
Total Deposits	314.27	300.07	362.95	383.25	349.62	321.44
Short-Term Borrowings	30	30	-	10	29.91	25
Current Portion of Leases	-	0.19	-	-	-	-
Current Income Taxes Payable	-	-	0.15	-	-	-
Federal Home Loan Bank Debt, Long-Term	-	-	-	10	-	-
Long-Term Leases	-	0.03	-	-	-	-
Pension & Post-Retirement Benefits	0.33	0.32	0.32	0.3	0.29	0.32
Other Long-Term Liabilities	-	0.47	0.48	0.37	0.03	0.04
Total Liabilities	347.2	332.49	365.38	406.35	382.39	349.26
Common Stock	2.9	2.88	2.87	2.85	2.84	2.83
Additional Paid-In Capital	11.04	10.96	10.86	10.76	10.64	10.53
Retained Earnings	22.92	23.86	23.58	22.98	23.07	22.54
Comprehensive Income & Other	-15.7	-18.38	-21.25	-0.87	0.54	-0.21
Shareholders' Equity	21.16	19.33	16.05	35.72	37.09	35.68
Total Liabilities & Equity	368.36	351.81	381.44	442.07	419.49	384.94
Total Debt	30	30.22	-	20	29.91	25
Net Cash (Debt)	-7.54	-14.98	30.09	42.18	6.78	-13.21
Net Cash Growth	-	-	-28.66%	522.05%	-	-
Net Cash Per Share	-2.20	-5.21	10.52	14.81	2.39	-4.68
Filing Date Shares Outstanding	3.23	2.89	2.87	2.86	2.85	2.83
Total Common Shares Outstanding	3.23	2.88	2.87	2.85	2.84	2.83
Book Value Per Share	6.56	6.70	5.60	12.51	13.05	12.62
Tangible Book Value	21.16	19.33	16.05	35.72	37.09	35.68
Tangible Book Value Per Share	6.56	6.70	5.60	12.51	13.05	12.62

Source: S&P Capital IQ. Banks template. Financial Sources.