Welcome to our dedicated page for Glen Burnie Bancorp SEC filings (Ticker: GLBZ), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Glen Burnie Bancorp (GLBZ) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures as a bank holding company in the commercial banking industry. While its common stock is listed on The Nasdaq Capital Market, Glen Burnie Bancorp has announced plans to voluntarily delist its shares and deregister its common stock with the U.S. Securities and Exchange Commission, which will eventually suspend its reporting obligations under the Securities Exchange Act of 1934.
Through its Forms 10‑K and 10‑Q, Glen Burnie Bancorp reports detailed information on The Bank of Glen Burnie’s commercial and retail banking operations, including loan and deposit composition, net interest income, net interest margin, asset quality metrics, allowance for credit losses, liquidity, and regulatory capital ratios. These filings also describe the bank’s lending activities in residential first and second mortgage loans, home equity lines of credit, commercial mortgage loans, and automobile loans through local dealers, as well as the impact of its acquisition of VA Wholesale Mortgage, Inc., a residential mortgage banking, lending, and brokerage subsidiary.
Current reports on Form 8‑K document material events such as quarterly earnings releases, the stock purchase agreement and completed acquisition of VA Wholesale Mortgage, executive appointments in finance and accounting roles, and the December 12, 2025 announcement of the board’s approval of the voluntary delisting and deregistration of the company’s common stock. These 8‑K filings provide timely context on strategic transactions, leadership changes, and capital markets decisions.
On Stock Titan, Glen Burnie Bancorp’s SEC filings are updated in step with EDGAR so users can review the latest 10‑K, 10‑Q, and 8‑K documents as they become available. AI-powered summaries help explain key sections of lengthy filings, highlight trends in credit quality, capital and liquidity, and clarify the implications of corporate actions such as the transition from Nasdaq listing to potential over-the-counter quotation. Users can also review Form 8‑K exhibits related to agreements and press releases for additional detail on the company’s commercial banking and mortgage banking activities.
Glen Burnie Bancorp plans to voluntarily delist its common stock from the Nasdaq Capital Market and then voluntarily deregister the stock with the U.S. Securities and Exchange Commission.
The company states that, following deregistration, it intends to terminate and suspend its ongoing reporting obligations under the Securities Exchange Act of 1934, so it would no longer file regular public reports such as annual and quarterly statements. These plans were disclosed in a press release dated December 12, 2025, which is furnished as Exhibit 99.1.
Glen Burnie Bancorp director reports open-market stock purchase
A director of Glen Burnie Bancorp (GLBZ), Felton Magee, reported buying 1,000 shares of common stock on 11/14/2025 at a price of $4.79 per share. After this transaction, he beneficially owned 1,100 shares in total. Of these, 1,000 shares are held directly, while an additional 100 shares are held indirectly through an entity wholly owned by him. This filing is a routine Form 4 disclosure of insider trading activity required under U.S. securities rules.
Glen Burnie Bancorp appointed Todd Capitani as Treasurer and Chief Financial Officer of the company and as Chief Financial Officer/Executive Vice President and Treasurer of The Bank of Glen Burnie, effective November 17, 2025. Capitani, age 59, brings extensive banking and finance experience, including serving as CFO of Shore Bancshares, Inc. from 2009 to 2025 and prior roles in consulting, corporate finance, and public accounting. Under his employment terms, he will receive an annual base salary of $270,000, be eligible for incentive compensation tied to performance goals, and receive a grant of company common stock under the 2019 Equity Incentive Plan that vests over four years. His employment is at will and may be terminated by either party at any time.
Glen Burnie Bancorp reported a modest profit in Q3, with net income of $125 thousand (basic EPS $0.04). For the nine months, net income was $66 thousand, reversing a loss a year ago as credit provisions shifted to a release. Net interest income was steady, and noninterest income benefited from mortgage commissions tied to the Bank’s August acquisition of VA Wholesale Mortgage Incorporated.
Total assets were $351.8 million and loans, net, rose to $212.8 million as deposits increased to $329.1 million. The Company eliminated $30.0 million of short‑term borrowings and improved accumulated other comprehensive loss, with unrealized losses on available‑for‑sale securities narrowing to $22.3 million from $26.2 million at year‑end. Asset quality mixed: 30–89 day delinquencies declined, but nonaccrual and 90+ days totaled $1.2 million, while the allowance stood at $2.6 million. Stockholders’ equity increased to $20.7 million, aided by AOCI improvement and restricted stock issuance. Common shares outstanding were 2,919,695 as of November 4, 2025.
Glen Burnie Bancorp reported results for the fiscal quarter ended September 30, 2025, and furnished the details via an 8‑K. The Company attached a press release as Exhibit 99.1 dated October 31, 2025. The materials are furnished to, but not filed with, the SEC and are not incorporated by reference into other SEC filings. The common stock trades on the Nasdaq Capital Market under the symbol GLBZ.
Glen Burnie Bancorp reported modest balance sheet shifts and improved operating results for the six months ended June 30, 2025. Total assets were $350.7 million, down from $359.0 million at year-end, driven primarily by a $11.8 million decline in cash and cash equivalents to $12.7 million. Loans outstanding increased to $213.4 million, up $8.1 million from $205.2 million, while deposits grew to $317.3 million, an $8.1 million increase.
The company reduced reliance on short-term borrowings, which fell by $17.0 million to $13.0 million. Stockholders' equity rose to $18.9 million from $17.8 million. For the six months, the company recorded a net loss of $59 thousand, narrower than the prior-year six‑month loss of $201 thousand. The allowance for credit losses was $2.6 million. Investment securities had $24.6 million of unrealized losses, which management attributes to market factors and does not consider credit impairments.
AllianceBernstein L.P. reports beneficial ownership of 198,858 shares of Glen Burnie Bancorp common stock, representing 6.9% of the class. The filer indicates it holds sole voting and sole dispositive power over these shares and that they were acquired solely for investment purposes on behalf of client discretionary accounts.
The filing identifies AllianceBernstein as an investment adviser organized in Delaware and notes it is a majority-owned subsidiary of Equitable Holdings, Inc. while operating under independent management; Equitable Holdings reports its ownership separately. The statement affirms the position was not acquired to change or influence control of the issuer.