Glen Burnie Bancorp (GLBZ) Reports Q4 EPS of $0.17

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Go back to Glen Burnie Bancorp (GLBZ) Reports Q4 EPS of $0.17

Glen Burnie Bancorp Announces 2014 4Q Earnings and Year End Earnings

March 6, 2015 2:14 PM EST

GLEN BURNIE, Md.--(BUSINESS WIRE)-- Glen Burnie Bancorp (NASDAQ: GLBZ), parent company of The Bank of Glen Burnie®, today reported fourth quarter and year end earnings for 2014.

For the quarter ended December 31, 2014, the company realized net income of $480,000 or $0.17 basic and diluted earnings per share as compared to net income of $650,000 or $0.23 basic and diluted earnings per share for the same period in 2013. Net interest income after pro- visions for credit losses for the fourth quarter of 2014 was $2,229,000 compared to $3,173,000 for the same three-month period in 2013.

Net income for the year ended December... More