Glen Burnie Bancorp (GLBZ) Balance Sheet
GLBZ balance sheet, 2025
December 31, 2025 · U.S. dollars$359.9M assets = $338.5M liabilities + $21.4M equity
Both columns are drawn to the same scale: what GLBZ owns equals what it owes plus shareholders’ equity. Hover a block for its value.
GLBZ financial health
Descriptive bands, not a rating. Fiscal 2025.
GLBZ balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $388.4M2016 | $359.9M2025 | −0.8%/yr | |
| Total liabilities | $354.6M2016 | $338.5M2025 | −0.5%/yr | |
| Shareholders’ equity | $33.8M2016 | $21.4M2025 | −4.9%/yr | |
| Cash & short-term investments | $7.4M2016 | $1.8M2025 | −14.7%/yr | |
| Total debt | $30.0M2016 | $4.0M2025 | −20.1%/yr | |
| Net cash (debt) | −$22.6M2016 | −$2.2M2025 | +$20.4M | |
| Working capital | $102.69B2016 | −$935,0002025 | −$102.7B | |
| Book value per share | $12.162016 | $7.342025 | −5.4%/yr | |
| Debt / equity | 0.892016 | 0.192025 | −0.70 | |
| Shares outstanding | 2.8M2016 | 2.9M2025 | +0.5%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
GLBZ assets
GLBZ liabilities and equity
GLBZ debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
GLBZ balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $1.8M | $99.0M | $141.5M | $174.2M | $218.1M | $151.1M | $84.8M | $97.5M | $102.0M | $7.4M |
| Cash & equivalents | $1.8M | $24.5M | $15.2M | $30.1M | $62.2M | $37.1M | $13.3M | $16.0M | $12.6M | $7.4M |
| Short-term investments | $71.5M | $74.5M | $126.2M | $144.1M | $155.9M | $114.0M | $71.5M | $81.6M | $89.3M | $94.61B |
| Receivables | $1.3M | $1.5M | $1.3M | $1.2M | $1.4M | $1.4M | $2.2M | $2.4M | $1.6M | $1.1M |
| Inventory | $0 | $0 | $748,000 | $0 | −$63.9M | −$39.4M | −$16.6M | −$19.5M | −$25.2M | $102.67B |
| Other current assets | $0 | $471,000 | $0 | $493,000 | $64.3M | $39.7M | $17.0M | $20.0M | $25.6M | $13.1M |
| Total current assets | $3.1M | $101.0M | $143.3M | $175.9M | $219.8M | $152.9M | $87.4M | $100.4M | $104.0M | $102.69B |
| Property, plant & equipment (net) | $2.4M | $2.7M | $3.0M | $3.3M | $3.6M | $3.9M | $3.8M | $3.1M | $3.4M | $3.3M |
| Goodwill & intangible assets | $317,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $71.5M | $107.9M | $139.4M | $144.1M | $155.9M | $114.0M | $355.6M | $81.6M | $269.0M | $262.6M |
| Other non-current assets | $282.7M | $147.4M | $66.1M | $58.1M | $62.7M | $148.7M | $0 | $228.0M | $13.1M | $0 |
| Total assets | $359.9M | $359.0M | $351.8M | $381.4M | $442.1M | $419.5M | $384.9M | $413.0M | $389.4M | $388.4M |
| Liabilities | ||||||||||
| Accounts payable | — | — | — | $362.9M | $383.2M | $349.6M | $2.5M | $322.5M | $835,000 | $34,123 |
| Short-term debt | $4.0M | $30.0M | $30.0M | $188,000 | $10.0M | $29.9M | $25.0M | $55.0M | $20.0M | $10.0M |
| Deferred revenue | — | — | — | — | — | — | — | — | — | −$10.0M |
| Total current liabilities | $4.0M | $339.2M | $330.1M | $365.1M | $396.0M | $382.1M | $348.9M | $378.7M | $355.1M | $34,123 |
| Long-term debt | $0 | $0 | $0 | $0 | $10.0M | $0 | $0 | $0 | $0 | $20.0M |
| Lease obligations | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Other long-term liabilities | $334.5M | $1.9M | $2.4M | $317,000 | $304,000 | $285,000 | $317,000 | $285,000 | $335,000 | $0 |
| Total liabilities | $338.5M | $341.1M | $332.5M | $365.4M | $406.4M | $382.4M | $349.3M | $379.0M | $355.4M | $354.6M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $2.9M | $2.9M | $2.9M | $2.9M | $2.9M | $2.8M | $2.8M | $2.8M | $2.8M | $2.8M |
| Retained earnings (deficit) | $22.9M | $22.9M | $23.9M | $23.6M | $23.0M | $23.1M | $22.5M | $22.1M | $21.6M | $21.7M |
| Treasury stock | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Accumulated other comprehensive income | −$15.4M | −$19.0M | −$18.4M | −$21.3M | −$874,000 | $540,000 | −$209,000 | −$1.2M | −$631,000 | −$810,000 |
| Minority interest | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Total shareholders' equity | $21.4M | $17.8M | $19.3M | $16.1M | $35.7M | $37.1M | $35.7M | $34.1M | $34.0M | $33.8M |
| Key figures | ||||||||||
| Total debt | $4.0M | $30.0M | $30.0M | $377,000 | $20.0M | $29.9M | $25.0M | $55.0M | $20.0M | $30.0M |
| Net cash (debt) | −$2.2M | $69.0M | $111.5M | $173.8M | $198.1M | $121.2M | $59.8M | $42.5M | $82.0M | −$22.6M |
| Working capital | −$935,000 | −$238.2M | −$186.8M | −$189.2M | −$176.2M | −$229.2M | −$261.6M | −$278.3M | −$251.1M | $102.69B |
| Tangible book value | $21.1M | $17.8M | $19.3M | $16.1M | $35.7M | $37.1M | $35.7M | $34.1M | $34.0M | $33.8M |
| Book value per share | $7.34 | $6.16 | $6.73 | $5.61 | $12.54 | $13.08 | $12.65 | $12.13 | $12.18 | $12.16 |
| Shares outstanding | 2.9M | 2.9M | 2.9M | 2.9M | 2.8M | 2.8M | 2.8M | 2.8M | 2.8M | 2.8M |
| Current ratio | 0.77 | 0.30 | 0.43 | 0.48 | 0.56 | 0.40 | 0.25 | 0.27 | 0.29 | 3,009,325.03 |
| Quick ratio | 0.77 | 0.30 | 0.43 | 0.48 | 0.55 | 0.40 | 0.25 | 0.26 | 0.29 | 250.85 |
| Debt / equity | 0.19 | 1.68 | 1.55 | 0.02 | 0.56 | 0.81 | 0.70 | 1.62 | 0.59 | 0.89 |
| Equity / assets | 6.0% | 5.0% | 5.5% | 4.2% | 8.1% | 8.8% | 9.3% | 8.2% | 8.7% | 8.7% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $1.6M | $1.7M | $1.8M | $116.4M | $117.2M | $130.3M | $24.5M | $142.4M | $134.0M | $171.4M | $141.5M | $157.2M |
| Cash & equivalents | $1.6M | $1.7M | $1.8M | $12.2M | $12.7M | $23.7M | $24.5M | $22.5M | $16.8M | $42.6M | $15.2M | $14.5M |
| Short-term investments | — | $103.0M | $71.5M | $104.1M | $104.6M | $106.6M | $107.9M | $120.0M | $117.2M | $128.7M | $126.2M | $142.7M |
| Receivables | $1.6M | $1.5M | $1.3M | $1.3M | $1.5M | $1.4M | $1.3M | $2.0M | $1.9M | $1.6M | $1.3M | $1.6M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$2.5M | −$18.1M | −$43.9M | $627,000 | −$16.6M |
| Other current assets | $0 | $0 | $0 | $0 | $386,000 | $474,000 | $0 | $2.9M | $18.5M | $44.4M | $0 | $16.6M |
| Total current assets | $3.2M | $3.2M | $3.1M | $107.8M | $119.1M | $132.2M | $24.5M | $144.9M | $136.2M | $173.5M | $143.3M | $158.8M |
| Property, plant & equipment (net) | $2.3M | $2.3M | $2.4M | $2.5M | $2.6M | $2.6M | $2.6M | $2.7M | $2.8M | $2.9M | $3.0M | $3.2M |
| Goodwill & intangible assets | $317,000 | $317,000 | $317,000 | $317,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $103.0M | $71.5M | $104.1M | $104.6M | $106.6M | $107.9M | $120.0M | $117.2M | $128.7M | $139.4M | $142.7M |
| Other non-current assets | $389.2M | $271.7M | $282.7M | $137.0M | $124.5M | $116.6M | $223.9M | $100.8M | $99.5M | $64.8M | $66.1M | $50.7M |
| Total assets | $395.0M | $380.5M | $359.9M | $351.8M | $350.7M | $358.0M | $359.0M | $368.4M | $355.7M | $369.9M | $351.8M | $355.4M |
| Liabilities | ||||||||||||
| Short-term debt | $14.5M | — | $4.0M | $63,000 | $13.0M | $20.0M | — | $30.0M | $30.0M | $40.2M | $30.0M | $25.0M |
| Total current liabilities | $14.5M | $357.5M | $4.0M | $329.1M | $330.3M | $337.3M | $1.6M | $344.3M | $335.9M | $349.2M | $330.1M | $341.9M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $359.2M | $359.6M | $334.5M | $2.0M | $1.5M | $1.5M | $339.5M | $2.9M | $2.4M | $2.5M | $2.4M | $322,000 |
| Total liabilities | $373.7M | $359.6M | $338.5M | $331.1M | $331.8M | $338.8M | $341.1M | $347.2M | $338.2M | $351.7M | $332.5M | $342.2M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $2.9M | $2.9M | $2.9M | $2.9M | $2.9M | $2.9M | $2.9M | $2.9M | $2.9M | $2.9M | $2.9M | $2.9M |
| Retained earnings (deficit) | $22.7M | $22.9M | $22.9M | $22.9M | $22.8M | $23.0M | $22.9M | $22.9M | $23.1M | $23.6M | $23.9M | $24.0M |
| Accumulated other comprehensive income | −$15.3M | −$15.9M | −$15.4M | −$16.2M | −$17.8M | −$17.8M | −$19.0M | −$15.7M | −$19.5M | −$19.3M | −$18.4M | −$24.6M |
| Total shareholders' equity | $21.3M | $21.0M | $21.4M | $20.7M | $18.9M | $19.2M | $17.8M | $21.2M | $17.5M | $18.1M | $19.3M | $13.2M |
| Key figures | ||||||||||||
| Total debt | $14.5M | — | $4.0M | $281,000 | $13.0M | $20.0M | — | $30.0M | $30.0M | $40.0M | $30.0M | $25.0M |
| Net cash (debt) | −$12.9M | — | −$2.2M | $116.1M | $104.2M | $110.3M | — | $112.4M | $104.0M | $131.4M | $111.5M | $132.2M |
| Working capital | −$11.3M | −$354.4M | −$935,000 | −$221.2M | −$211.2M | −$205.1M | $22.8M | −$199.4M | −$199.6M | −$175.8M | −$186.8M | −$183.1M |
| Tangible book value | $21.0M | $20.6M | $21.1M | $20.4M | $18.9M | $19.2M | $17.8M | $21.2M | $17.5M | $18.1M | $19.3M | $13.2M |
| Book value per share | $7.27 | $7.18 | $7.34 | $7.15 | $6.53 | $6.63 | $6.14 | $7.30 | $6.04 | $6.28 | $6.71 | $4.58 |
| Shares outstanding | 2.9M | 2.9M | 2.9M | 2.9M | 2.9M | 2.9M | 2.9M | 2.9M | 2.9M | 2.9M | 2.9M | 2.9M |
| Current ratio | 0.22 | 0.01 | 0.77 | 0.33 | 0.36 | 0.39 | 15.10 | 0.42 | 0.41 | 0.50 | 0.43 | 0.46 |
| Quick ratio | 0.22 | 0.01 | 0.77 | 0.36 | 0.36 | 0.39 | 15.93 | 0.42 | 0.40 | 0.50 | 0.43 | 0.46 |
| Debt / equity | 0.68 | — | 0.19 | 0.01 | 0.69 | 1.04 | — | 1.42 | 1.72 | 2.21 | 1.55 | 1.90 |
| Equity / assets | 5.4% | 5.5% | 6.0% | 5.9% | 5.4% | 5.4% | 5.0% | 5.7% | 4.9% | 4.9% | 5.5% | 3.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed December 31, 2025); data from EODHD.
GLBZ financial position
At the end of fiscal 2025 (December 31, 2025), Glen Burnie Bancorp had total assets of $359.9 million (up 0.3% from a year earlier), total liabilities of $338.5 million and shareholders' equity of $21.4 million. It held $1.8 million in cash and short-term investments against $4.0 million of debt, net debt of $2.2 million. Its current ratio was 0.77. In the latest quarter (ended June 30, 2026) total assets were $395.0 million and equity $21.3 million.
Related: GLBZ income statement, GLBZ cash flow statement, GLBZ key metrics. See the GLBZ stock overview for the latest quote and news.
GLBZ balance sheet FAQ
What are Glen Burnie Bancorp's total assets?
Glen Burnie Bancorp reported total assets of $359.9 million at the end of fiscal 2025 (December 31, 2025), compared with $359.0 million a year earlier.
How much debt does Glen Burnie Bancorp have?
Glen Burnie Bancorp had $4.0 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.19.
How much cash does Glen Burnie Bancorp have?
Glen Burnie Bancorp held $1.8 million in cash and short-term investments at the end of fiscal 2025; with $4.0 million of debt that is net debt of $2.2 million.
What is Glen Burnie Bancorp's book value?
Glen Burnie Bancorp's shareholders' equity (book value) was $21.4 million at the end of fiscal 2025, or $7.34 per share.
What is Glen Burnie Bancorp's current ratio?
Glen Burnie Bancorp had current assets of $3.1 million and current liabilities of $4.0 million, a current ratio of 0.77 (current liabilities exceed current assets).
How much goodwill does Glen Burnie Bancorp have?
Glen Burnie Bancorp carried $0.3 million of goodwill and intangible assets, 0.1% of total assets, at the end of fiscal 2025.