Glen Burnie Bancorp (GLBZ) Friday reported second quarter net income of $0.66 million or $0.24 per share, a decline from $0.76 million or $0.28 per share last year.
Net interest income for the quarter fell to $3.0 million from $3.4 million a year ago. Other income was $0.4 million, compared to $0.49 million last year.
There was no provision for credit losses during the quarter, as in the last year.
Total assets stood at $379.0 million as of June 30, 2012, compared to $358.0 million in the prior year. Deposits totaled $321.8 million as on June 30, 2012, compared to $306.7 million a year ago.
Shares of the company are currently trading at $11.00, down 4.26%, on the Nasdaq.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.