- Glen Burnie Bancorp reported **net income of $125,000**, or **$0.04 per diluted EPS**, for the third quarter of 2025, an improvement of **$337,000** on a linked quarter basis from the second quarter of 2025.  **[890066_47ac6591cf1f477bb8f5625bdbf654cb_0]** **[890066_47ac6591cf1f477bb8f5625bdbf654cb_1]**  For the nine-month period ending September 30, 2025, net income was **$66,000**, or **$0.02 per diluted EPS**.  **[890066_47ac6591cf1f477bb8f5625bdbf654cb_0]** **[890066_47ac6591cf1f477bb8f5625bdbf654cb_1]** 
- The Bank completed the acquisition of **VA Wholesale Mortgage Incorporated (VAWM)** on **August 15, 2025**, which generated **$36,000** in pretax income from August 16 to September 30, 2025.  **[890066_47ac6591cf1f477bb8f5625bdbf654cb_0]** **[890066_47ac6591cf1f477bb8f5625bdbf654cb_4]**  This acquisition is expected to provide access to new products and markets.  **[890066_47ac6591cf1f477bb8f5625bdbf654cb_0]** 
- Total deposits at September 30, 2025, were **$329.1 million**, an increase of **$11.8 million** from June 30, 2025.  **[890066_47ac6591cf1f477bb8f5625bdbf654cb_0]** **[890066_47ac6591cf1f477bb8f5625bdbf654cb_2]**  Total loans increased by **$2.0 million** during the third quarter of 2025, reaching **$215.3 million** at September 30, 2025.  **[890066_47ac6591cf1f477bb8f5625bdbf654cb_0]** **[890066_47ac6591cf1f477bb8f5625bdbf654cb_2]** 
- The net interest margin on a tax equivalent basis increased to **3.24%** in the third quarter of 2025, up **11 basis points** from the second quarter of 2025.  **[890066_47ac6591cf1f477bb8f5625bdbf654cb_0]** **[890066_47ac6591cf1f477bb8f5625bdbf654cb_3]**  Non-interest income for Q3 2025 was **$571,000**, significantly up from **$220,000** in Q2 2025, primarily driven by **$192,000** in mortgage fees from VAWM.  **[890066_47ac6591cf1f477bb8f5625bdbf654cb_4]**

GLEN BURNIE BANCORP (GLBZ)