Glen Burnie Bancorp Balance Sheet Health
Financial Health criteria checks 5/6
Glen Burnie Bancorp has total assets of $369.9M and total equity of $18.1M. Total deposits are $309.2M, and total loans are $175.9M. It earns a Net Interest Margin of 3.3%. It has sufficient allowance for bad loans, which are currently at 0.3% of total loans. Cash and short-term investments are $42.6M.
Key information
20.4x
Asset to equity ratio
3.3%
Net interest margin
| Total deposits | US$309.23m |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.3% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$42.63m |
Recent financial health updates
No updates
Recent updates
Glen Burnie Bancorp (NASDAQ:GLBZ) Is Paying Out A Dividend Of $0.10
Jul 20
Glen Burnie Bancorp's (NASDAQ:GLBZ) Dividend Will Be $0.10
Apr 18Glen Burnie Bancorp declares $0.10 dividend
Oct 14Glen Burnie Bancorp GAAP EPS of $0.11, revenue of $3.06M
Aug 08Glen Burnie Bancorp (NASDAQ:GLBZ) Has Affirmed Its Dividend Of $0.10
Jul 21Glen Burnie Bancorp declares $0.10 dividend
Jul 15Glen Burnie Bancorp's (NASDAQ:GLBZ) Dividend Will Be US$0.10
Apr 21Glen Burnie Bancorp's (NASDAQ:GLBZ) Dividend Will Be US$0.10
Jan 18Glen Burnie Bancorp (NASDAQ:GLBZ) Is Due To Pay A Dividend Of US$0.10
Oct 18There Could Be A Chance Glen Burnie Bancorp's (NASDAQ:GLBZ) CEO Will Have Their Compensation Increased
May 07With EPS Growth And More, Glen Burnie Bancorp (NASDAQ:GLBZ) Is Interesting
Jan 25
How Is Glen Burnie Bancorp's (NASDAQ:GLBZ) CEO Paid Relative To Peers?
Dec 03Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: GLBZ's Assets to Equity ratio (20.4x) is very high.
Allowance for Bad Loans: GLBZ has a sufficient allowance for bad loans (409%).
Low Risk Liabilities: 88% of GLBZ's liabilities are made up of primarily low risk sources of funding.
Loan Level: GLBZ has an appropriate level of Loans to Assets ratio (48%).
Low Risk Deposits: GLBZ's Loans to Deposits ratio (57%) is appropriate.
Level of Bad Loans: GLBZ has an appropriate level of bad loans (0.3%).