Glen Burnie Bancorp 10-K annual reports

Glen Burnie Bancorp reports a net loss of $112,000 for 2024, while experiencing growth in its loan portfolio.

Glen Burnie Bancorp experienced a net loss of $0.1 million in 2024, a significant downturn compared to the $1.4 million net income in 2023, primarily due to decreased net interest income and increased expenses.

Glen Burnie Bancorp filed an amendment to its 2023 annual report on Form 10-K to correct an exhibit, specifically Exhibit 23.1, which relates to the consent of independent public accountants.

Glen Burnie Bancorp's 2023 annual report reveals a decrease in net income despite an increase in net interest income, alongside a significant decrease in total assets.