GLEN BURNIE BANCORP
Close on Oct 19, 2026
- Market cap
- $12.72M
- P/E (TTM)
- –
- Dividend yield
- 4.59%
About Glen Burnie Bancorp
State Commercial Banks, SIC 6022
Glen Burnie Bancorp operates as a bank holding company for The Bank of Glen Burnie, providing commercial and retail banking services. Its core offerings include demand, savings, money market, and time deposit accounts, alongside commercial cash management products. On the lending side, the company originates residential and commercial mortgages, home equity lines of credit, construction and land development loans, commercial installment and lines of credit, and indirect automobile financing through local car dealerships. It serves individual consumers, professionals, real estate investors, and small to medium-sized businesses.
The bank conducts its business through a main office and several branch locations situated in northern Anne Arundel County, Maryland, as well as a remote ATM in Pasadena, Maryland. Its primary lending activities span the state of Maryland and extend into surrounding states, generating all revenue within the United States. Glen Burnie Bancorp maintains its principal executive headquarters in Glen Burnie, Maryland.
Summary of the business section of Glen Burnie Bancorp's latest annual report, written by StockData.
Company profile
Company
- Legal name
- GLEN BURNIE BANCORP
- Founded
- 1949
- Headquarters
- Glen Burnie, MD
- Address
- 101 Crain Hwy Se 21061
- Phone
- (410) 766-3300
- Website
- thebankofglenburnie.com
- Employees
- 89, Dec 31, 2024
- Industry
- State Commercial Banks
- Incorporated in
- Maryland
- Fiscal year ends
- December 31
- Auditor
- UHY LLP, Salisbury, Maryland
Stock & identifiers
- Ticker
- GLBZ
- Exchange
- OTC
- Shares outstanding
- 3M, Nov 4, 2025
- Public float
- $9.84M, Jun 30, 2024
- Filer category
- Non-accelerated filer<br>Smaller reporting company
- Stock splits
- 120-for-100, Jan 10, 2008; 120-for-100, Jan 5, 2006; 120-for-100, Dec 31, 2003; 3-for-2, Jun 22, 2001; 6-for-5, Dec 23, 1999
- SEC CIK
- 890066
- CUSIP
- 377407101
- ISIN
- US3774071019
- LEI
- 549300P72SW4OU64XR31
- EIN
- 52-1782444
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Mark Christopher Hanna | President and CEO, Director | 16,570 |
| Jeffrey A. Welch | Executive Vice President | 500 |
| Julie M. Mussog | Director | 1,000 |
| Felton Magee Jr | Director | 1,200 |
| Stanford Hess | Director | 2,000 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2024 John DLong | $0 | $0 | $250.29K | $0 | – |
| FY2024 Mark CHanna | $309.82K | $309.82K | $250.29K | $0 | – |
| FY2023 John DLong | $331.75K | $331.75K | $231.40K | $23 | – |
| FY2023 Mark CHanna | $61.62K | $61.62K | $231.40K | $23 | – |
| FY2022 John DLong | $365.37K | $365.37K | $222.84K | $38 | – |
| FY2022 Mark CHanna | $0 | $0 | $222.84K | $38 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“At December 31, 2024, the Bank had 89 full-time equivalent employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jan 13, 2026 | Deregistration | Termination of SEC registration (Form 15) |
| Dec 22, 2025 | Delisting | Notice of delisting from exchange (Form 25) |
| May 15, 2025 | Late filing | Notification of late filing |
| Mar 26, 2025 | Late filing | Notification of late filing |
| Mar 4, 2022 | Auditor change | Change in certifying accountant (8-K Item 4.01) |