Get all premium features to the best stock analysis tool

Glen Burnie Bancorp Announces Retirement of Board Chair John Demyan and Appointment of New Board Chair Jay Baldwin

GLEN BURNIE, Md., Feb. 20, 2026 (GLOBE NEWSWIRE) -- Glen Burnie Bancorp (“Company”) (OTCQX: GLBZ), the bank holding company for The Bank of Glen Burnie (“Bank”), announced today that current board member and local business leader, Jay Baldwin, has assumed the role of Chair of the Board of Directors effective immediately. Baldwin succeeds John “Jack” E. Demyan who announced his retirement at the February 19, 2026, meeting of the Glen Burnie Bancorp Board of Directors. Demyan retires after serving as Chair since 1996 and will continue his service as a board member. In recognition of his decades of dedicated service to the Company, the board bestowed Demyan with the honorary title Chairman Emeritus. Thomas “Tommy” Clocker also announced his intention to retire effective May 14, 2026. Clocker has served as a director since 1995.

Glen Burnie Bancorp Announces Intended Voluntary Delisting from Nasdaq and Termination of SEC Registration

GLEN BURNIE, Md., Dec. 12, 2025 (GLOBE NEWSWIRE) -- Glen Burnie Bancorp (“Bancorp”) (NASDAQ: GLBZ), the bank holding Bancorp for The Bank of Glen Burnie (“Bank”), today announced that Bancorp's board of directors (the “Board”) has approved the voluntarily delisting of Bancorp's common stock (and related common stock purchase rights) from The Nasdaq Capital Market (“Nasdaq”) and the subsequent voluntary deregistration of its common stock with the U.S. Securities and Exchange Commission (“SEC”) in order to terminate and suspend its reporting obligations under the Securities Exchange Act of 1934, as amended (the “Exchange Act”).

The Bank of Glen Burnie Names Todd Capitani to its Leadership Team as Chief Financial Officer

This addition underscores The Bank of Glen Burnie's commitment to strong, strategic growth and long-term financial stewardship This addition underscores The Bank of Glen Burnie's commitment to strong, strategic growth and long-term financial stewardship

Glen Burnie Bancorp Announces Third Quarter 2025 Results

Highlights for the Third Quarter of 2025: Net income of $125,000 or $0.04 per diluted EPS during the third quarter of 2025, an improvement of $337,000 on a linked quarter basis, and net income of $66,000 or $0.02 per diluted EPS for the nine-month period ending September 30, 2025, an improvement of $138,000 from the previous year's nine-month period loss of $72,000. Net interest margin on a tax equivalent basis increased to 3.24% with a margin expansion of 11 basis points during the third quarter of 2025 compared to the second quarter of 2025.