Glen burnie bancorp announces first quarter 2024 results

Glen burnie, md., april 26, 2024 (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, 2024. net income for the first quarter was $3,000, or $0 per basic and diluted common share, as compared to $0.44 million, or $0.15 per basic and diluted common share for the three-month period ended march 31, 2023. on march 31, 2024, bancorp had total assets of $369.9 million. bancorp, the oldest independent commercial bank in anne arundel county, will pay its 127th consecutive quarterly dividend on may 6, 2024.
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