<DOCUMENT>
<TYPE>SC 13G/A
<SEQUENCE>1
<FILENAME>gbb13gamdemyan.txt
<DESCRIPTION>GLEN BURNIE BANCORP SCHEDULE 13G/A M. DEMYAN
<TEXT>
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549
                                  ------------

                                 SCHEDULE 13G/A
                                 (Rule 13d-102)

             INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
                    UNDER THE SECURITIES EXCHANGE ACT OF 1934
                                (Amendment No. 3)


                               Glen Burnie Bancorp
--------------------------------------------------------------------------------
                                (Name of Issuer)

                                  Common Stock
--------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                   377407 10 1
--------------------------------------------------------------------------------
                                 (CUSIP Number)

                                 Not Applicable
--------------------------------------------------------------------------------
             (Date of Event Which Requires Filing of this Statement)


       Check the appropriate box to designate the rule pursuant to which
                            this Schedule is filed:

                                  Rule 13d-1(b)
                                  Rule 13d-1(c)
                              X   Rule 13d-1(d)
                             ---  ---------------


                                       1
<PAGE>


--------------------------------------------         ---------------------------
CUSIP No. 377407 10 1                          13G   Page 2 of 4 Pages
          ----------------------------------              -    -
--------------------------------------------         ---------------------------

--------------------------------------------------------------------------------
1        NAME OF REPORTING PERSONS
         S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

         Margarete Z. Demyan
--------------------------------------------------------------------------------
2        CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                   _
                                                                        (a) |_|
                                                                             _
                                                                        (b) |_|

--------------------------------------------------------------------------------
3        SEC USE ONLY

--------------------------------------------------------------------------------
4        CITIZENSHIP OR PLACE OF ORGANIZATION

         USA
--------------------------------------------------------------------------------
                     5     SOLE VOTING POWER
   NUMBER OF               7,799
    SHARES
 BENEFICIALLY        -----------------------------------------------------------
 OWNED BY EACH       6     SHARED VOTING POWER
   REPORTING               0
  PERSON WITH
                     -----------------------------------------------------------
                     7     SOLE DISPOSITIVE POWER
                           7,799
                     -----------------------------------------------------------
                     8     SHARED DISPOSITIVE POWER
                           0
--------------------------------------------------------------------------------
9        AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
         7,799
--------------------------------------------------------------------------------
10       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES
         CERTAIN SHARES*                                                      _
                                                                             |_|
--------------------------------------------------------------------------------
11       PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
         0.5%
--------------------------------------------------------------------------------
12       TYPE OF REPORTING PERSON*
         IN
--------------------------------------------------------------------------------


                                       2
<PAGE>

                                  SCHEDULE 13G


Item 1(a).          Name of Issuer:

                    Glen Burnie Bancorp

Item 1(b).          Address of Issuer's Principal Executive Offices:

                    101 Crain Highway, S.E., Glen Burnie, Maryland 21061

Item 2(a).          Name of Person Filing:

                    This  Schedule 13G is being filed on behalf of the following
                    Reporting Person:

                    Margarette Z. Demyan

Item 2(b).          Address of Principal Business Office or, if none, Residence:

                    101 Crain Highway, S.E., Glen Burnie, Maryland 21061

Item 2(c).          Citizenship:

                    USA

Item 2(d).          Title of Class of Securities:

                    Common Stock, par value $1.00 per share

Item 2(e).          CUSIP Number:

                    377407 10 1

Item 3.             If this  statement is filed  pursuant to Rules  13d-1(b),or
                    13d-2(b),  check  whether the person filing is a:

                    Not applicable.


                                       3
<PAGE>
<TABLE>
<CAPTION>
Item 4.             Ownership:

                    As  of  December  31,  2002,   the  following   shares  were
                    beneficially owned by the Reporting Person:

<S>                                                                                                           <C>
                    (a)    Amount beneficially owned:                                                         7,799
                    (b)    Percent of class:                                                                    0.5%
                    (c)    Number of shares as to which such person has:
                           (i)      Sole power to vote or to direct the vote:                                 7,799
                           (ii)     Shared power to vote or to direct the vote:                                   0
                           (iii)    Sole power to dispose or to direct the disposition of:                    7,799
                           (iv)     Shared power to dispose or to direct the disposition of:                      0

</TABLE>
Item 5.             Ownership of Five Percent or Less of a Class:

                    If this  statement is being filed to report the fact that as
                    of the date hereof the reporting person has ceased to be the
                    beneficial  owner of more  than 5  percent  of the  class of
                    securities, check the following [ v ].

Item 6.             Ownership of  More  than Five Percent  on Behalf  of Another
                    Person:

                    Not applicable.

Item 7.             Identification  and  Classification  of the Subsidiary Which
                    Acquired  the  Security  Being  Reported  on  by  the Parent
                    Holding Company:

                    Not applicable.

Item 8.             Identification and Classification of Members of the Group:

                    Not applicable.

Item 9.             Notice of Dissolution of Group:

                    Not applicable.

Item 10.            Certification:

                    Not applicable.

                                    SIGNATURE

          After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information  set forth in this statement is true,  complete and
correct.

DATE:  February 12, 2003

                                                 /s/ Margarette Z. Demyan
                                            ------------------------------------
                                            Margarette Z. Demyan





                                       4


</TEXT>
</DOCUMENT>
