Company Information

  

Address: 101 CRAIN HWY SE  
City: GLEN BURNIE 
State: MD 
Zip Code: 21227 
Telephone: 410-766-3300 

Description of Business

Primary SIC Code: 6022
(As filed with the SEC)  

Glen Burnie Bancorp (the "Company") is a bank holding company organized in 1990 under the laws of the State of Maryland. The Company owns all the outstanding shares of capital stock of The Bank of Glen Burnie (the "Bank"), a commercial bank organized in 1949 under the laws of the State of Maryland, serving northern Anne Arundel County and surrounding areas from its main office and branch in Glen Burnie, Maryland and branch offices in Odenton, Riviera Beach, Crownsville, Severn (two locations), Linthicum and Severna Park, Maryland. The Bank also maintains a remote Automated Teller Machine ("ATM") located in Pasadena, Maryland. The Bank maintains a website at www.thebankofglenburnie.com. It is the oldest independent commercial bank in Anne Arundel County.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/20190.520.10020.40
12/20180.560.10018.62
09/20180.400.10030.68
06/20180.360.10030.54
03/20180.310.10039.03
12/20170.330.10033.50
09/20170.530.10020.64
06/20170.420.10025.02

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2018 Leverage 2018
Net Inc/Comm Equity0.12Total Liab/Total Assets0.92
Net Inc/Total Assets0.00Total Liab/Inv Cap1.06
Net Inc/Inv Cap0.00Total Liab/Comm Equity28.68
Pretax Inc/Net Sales0.11Interest Coverage Ratio3.27
Net Inc/Net Sales0.10Curr Debt/Equity1.62
Cash Flow/Net Sales0.26LTD/EquityNA
SG&A/NetSales0.66Total Debt/Equity1.62
Asset Utilization   Liquidity  
Net Receivables Turnover8.16Quick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&E4.25  

Income Statement (Millions)

  3/31/2019 12/31/2018 9/30/2018 6/30/2018
Total Revenues(Net Sales) 3.99 4.16 4.20 3.93
Cost of Goods Sold 0.33 0.35 0.36 0.33
Selling & Admin Exps 2.85 2.74 2.54 2.76
Operating Income NA NA NA NA
Interest Exp 0.24 0.25 0.20 0.17
Pretax Income 0.17 0.37 0.63 0.43
Other Income NA NA NA NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 0.14 0.31 0.54 0.48

Balance Sheet (Millions)

Assets 3/31/2019 12/31/2018 9/30/2018 6/30/2018
Cash & Short Term Investments 79.39 100.01 101.59 96.84
Receivables - Total 2.33 2.38 1.23 1.14
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment 4.61 3.81 3.86 3.31
Total Assets 393.06 413.05 411.37 401.47
Liabilities        
Accounts Payable 1.69 1.26 0.85 0.80
Debt in Current Liabilities 25.00 55.00 40.00 25.00
Total Current Liabilities NA NA NA NA
Long-Term Debt NA NA NA NA
Total Liabilities 358.60 379.00 378.02 367.93
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 2.82 2.81 2.81 2.81
Retained Earnings 21.92 22.07 21.94 21.78
Treasury Stock NA NA NA NA
Total Stockholders' Equity 34.46 34.05 33.34 33.54
Total Liabilities and Stockholders' Equity 393.06 413.05 411.37 401.47

Cash Flow Summary (Millions)

Categories 3/31/2019 12/31/2018 9/30/2018 6/30/2018
Net Cash Provided by Operating Activities 0.20 -0.04 2.17 0.84
Net Cash Provided by Investing Activities 21.47 0.04 -4.46 -11.68
Net Cash Provided by Financing Activities -21.08 0.46 9.69 10.39

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/201417.191.910.69
12/201516.611.350.49
12/201614.861.100.40
12/201714.890.910.33
12/201816.211.580.56
Growth Rates-1.46-4.64-5.09

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/19122528.94




Report Date : 7/15/2019

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