XML 87 R27.htm IDEA: XBRL DOCUMENT
v3.20.1

Parent Company Financial Information | 12 Months Ended
--- | ---
Dec. 31, 2019
Parent Company Financial Information |
Parent Company Financial Information | Note 19. Parent Company Financial Information The Balance Sheets, Statements of Income, and Statements of Cash Flows for Glen Burnie Bancorp (Parent Only) are presented below: ___________________________________________Balance Sheets________________________________________
December 31, |  | 2019 |  | 2018 |
(dollars in thousands) |  |  |
Assets |  |  |  |  |  |  |
Cash |  | $ | 43 |  | $ | 135 |
Investment in The Bank of Glen Burnie |  |  | 35,637 |  |  | 33,893 |
Investment in GBB Properties, Inc. |  |  | — |  |  | 21 |
Other assets |  |  | — |  |  | 2 |
Total assets |  | $ | 35,680 |  | $ | 34,051 |
Liabilities and Stockholders’ Equity |  |  |  |  |  |  |
Stockholders’ equity: |  |  |  |  |  |  |
Common stock |  |  | 2,827 |  |  | 2,814 |
Surplus |  |  | 10,525 |  |  | 10,401 |
Retained earnings |  |  | 22,537 |  |  | 22,066 |
Accumulated other comprehensive loss, net of benefits |  |  | (209) |  |  | (1,230) |
Total stockholders’ equity |  |  | 35,680 |  |  | 34,051 |
Total liabilities and stockholders’ equity |  | $ | 35,680 |  | $ | 34,051 |
__________________________________________Statements of Income___________________________________
Year Ended December 31, |  | 2019 |  | 2018 |
(dollars in thousands) |  |  |
Dividends and distributions from subsidiary |  | $ | 1,070 |  | $ | 977 |
Other expenses |  |  | (206) |  |  | (140) |
Income before income tax benefit and equity in undistributed net income of subsidiary |  |  | 864 |  |  | 837 |
Income tax benefit |  |  | 32 |  |  | 38 |
Change in undistributed equity of subsidiary |  |  | 703 |  |  | 708 |
Net income |  | $ | 1,599 |  | $ | 1,583 |
___________________________________Statements of Cash Flows_______________________________________
Year Ended December 31, |  | 2019 |  | 2018 |
|  | (dollars in thousands) |
Cash flows from operating activities: |  |  |  |  |  |  |
Net income |  | $ | 1,599 |  | $ | 1,583 |
Adjustments to reconcile net income to net cash provided by operating activities: |  |  |  |  |  |  |
Decrease (increase) in other assets |  |  | 2 |  |  | 2 |
(Decrease) increase in other liabilities |  |  | — |  |  | (1) |
Decrease in due from subsidiary |  |  | — |  |  | 1 |
Change in undistributed equity of subsidiary |  |  | (703) |  |  | (708) |
Net cash provided by operating activities |  |  | 898 |  |  | 877 |
Cash flows from financing activities: |  |  |  |  |  |  |
Proceeds from dividend reinvestment plan |  |  | 138 |  |  | 147 |
Dividends paid |  |  | (1,128) |  |  | (1,122) |
Net cash used in financing activities |  |  | (990) |  |  | (975) |
(Decrease) increase in cash |  |  | (92) |  |  | (98) |
Cash, beginning of year |  |  | 135 |  |  | 233 |
Cash, end of year |  | $ | 43 |  | $ | 135 |

X
- References No definition available. + Details
Name: | srt_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract
Namespace Prefix: | srt_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e24072-122690 Reference 2: http://www.xbrl.org/2003/role/recommendedDisclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=108774443&loc=d3e5283-111683 + Details
Name: | us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration