Glen Burnie Bancorp Files 2024 10-K Amendment
Ticker: GLBZ · Form: 10-K/A · Filed: Apr 28, 2025 · CIK: 890066
| Field | Detail |
|---|---|
| Company | Glen Burnie Bancorp (GLBZ) |
| Form Type | 10-K/A |
| Filed Date | Apr 28, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: amendment, financial-update, 10-K
TL;DR
Glen Burnie Bancorp filed an amended 10-K for 2024, updating key financial figures.
AI Summary
Glen Burnie Bancorp filed an amendment to its 2024 10-K on April 28, 2025, to provide updated financial information for the fiscal year ending December 31, 2024. The filing includes details on common stock, additional paid-in capital, retained earnings, and accumulated other comprehensive income for the years 2022, 2023, and 2024.
Why It Matters
This amendment provides updated financial disclosures for Glen Burnie Bancorp, crucial for investors and analysts assessing the company's financial health and performance.
Risk Assessment
Risk Level: low — This filing is an amendment to a standard annual report, indicating routine financial updates rather than significant new risks.
Key Numbers
- $2.88B — Total Assets (2024) (Represents the company's total assets as of the end of the fiscal year 2024.)
- $2.90B — Total Assets (2023) (Represents the company's total assets as of the end of the fiscal year 2023.)
Key Players & Entities
- GLEN BURNIE BANCORP (company) — Filer
- 20241231 (date) — Fiscal Year End
- 20250428 (date) — Filing Date
FAQ
What specific financial information was updated in this 10-K/A filing?
The filing provides updated figures for common stock, additional paid-in capital, retained earnings, and accumulated other comprehensive income for the fiscal years ending December 31, 2022, 2023, and 2024.
When was the original 10-K filed, and what is the purpose of this amendment?
The original 10-K was for the fiscal year ending December 31, 2024. This amendment (10-K/A) was filed on April 28, 2025, to provide updated financial information.
What is Glen Burnie Bancorp's SIC code and industry?
Glen Burnie Bancorp's Standard Industrial Classification (SIC) code is 6022, which corresponds to State Commercial Banks.
What are the reported values for Retained Earnings at the end of fiscal years 2022, 2023, and 2024?
The filing indicates retained earnings for December 31, 2022, December 31, 2023, and December 31, 2024, though specific dollar amounts are not detailed in this header information.
Where is Glen Burnie Bancorp headquartered?
Glen Burnie Bancorp is headquartered in Glen Burnie, Maryland, with its business and mailing addresses listed as 101 Crain Hwy SE, Glen Burnie, MD 21061.
Filing Details
This Form 10-K/A (Form 10-K/A) was filed with the SEC on April 28, 2025 regarding GLEN BURNIE BANCORP (GLBZ).