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Parent Company Financial Information (Tables)

12 Months Ended

Dec. 31, 2016

Organization, Consolidation and Presentation Of Financial Statements [Abstract]

Schedule of balance sheets statement

Balance Sheets

December 31,		2016				2015				2014

Assets

Cash		$	169,234			$	184,366			$	283,796
Investment in The Bank of Glen Burnie			33,526,974				33,882,666				33,557,329
Investment in GBB Properties, Inc.			104,270				104,570				254,870
Due from subsidiaries			3,044				6,211				2,095
Other assets			10,667				8,000				8,533

Total assets		$	33,814,189			$	34,185,813			$	34,106,623

Liabilities and Stockholders’ Equity

Other liabilities		$	-			$	10,000			$	-
Dividends payable			-				-				276,096
Total liabilities			-				10,000				276,096

Stockholders’ equity:
Common stock			2,786,855				2,773,361				2,760,964
Surplus			10,129,856				9,986,064				9,854,119
Retained earnings			21,707,535				21,718,122				21,112,714
Accumulated other comprehensive income (loss), net of benefits			(810,057	)			(301,734	)			102,730
Total stockholders’ equity			33,814,189				34,175,813				33,830,527

Total liabilities and stockholders’ equity		$	33,814,189			$	34,185,813			$	34,106,623

Schedule of income statement

Statements of Income

Years Ended December 31,		2016				2015				2014

Dividends and distributions from subsidiaries		$	1,005,000			$	678,000			$	980,000
Other expenses			(92,831	)			(86,843	)			(77,375	)
Income before income tax benefit and equity in undistributed net income of subsidiaries			912,169				591,157				902,625
Income tax benefit			36,219				31,958				28,136
Change in undistributed equity of subsidiaries			152,332				729,501				983,765

Net income		$	1,100,720			$	1,352,616			$	1,914,526

Schedule of cash flow statement

Statements of Cash Flows

Years Ended December 31,		2016				2015				2014

Cash flows from operating activities:
Net income		$	1,100,720			$	1,352,616			$	1,914,526
Adjustments to reconcile net income to net cash provided by operating activities:
(Increase) decrease in other assets			(2,667	)			533				3,424
(Decrease) increase in other liabilities			(10,000	)			10,000				-
Decrease (increase) in due from subsidiaries			3,167				(4,116	)			(28	)
Distribution from Investment in GBB			-				150,000				-
Change in undistributed equity of subsidiaries			(152,332	)			(729,501	)			(983,765	)

Net cash provided by operating activities			938,888				779,532				934,157

Cash flows from financing activities:
Proceeds from dividend reinvestment plan			157,286				144,342				154,378
Dividends paid			(1,111,306	)			(1,023,304	)			(1,100,984	)

Net cash used in financing activities			(954,020	)			(878,962	)			(946,606	)

(Decrease) increase in cash			(15,132	)			(99,430	)			(12,449	)

Cash, beginning of year			184,366				283,796				296,245

Cash, end of year		$	169,234			$	184,366			$	283,796