Glen burnie bancorp announces first quarter 2022 results

Glen burnie, md., april 26, 2022 (globe newswire) -- glen burnie bancorp (“bancorp”) (nasdaq: glbz), the bank holding company for the bank of glen burnie (“bank”), today reported results for the first quarter ended march 31, 2022. net income for the first quarter was $0.23 million, or $0.08 per basic and diluted common share, as compared to $0.59 million, or $0.21 per basic and diluted common share for the three-month period ended march 31, 2021.   on march 31, 2022, bancorp had total assets of $437.4 million. bancorp, the oldest independent commercial bank in anne arundel county, will pay its 119th consecutive quarterly dividend on may 9, 2022.
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