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v3.22.1

Parent Company Financial Information - Condensed Cash Flow Statement (Details) - USD ($) | 3 Months Ended | 12 Months Ended
--- | --- | ---
Dec. 31, 2021 | Sep. 30, 2021 | Jun. 30, 2021 | Mar. 31, 2021 | Dec. 31, 2020 | Sep. 30, 2020 | Jun. 30, 2020 | Mar. 31, 2020 | Dec. 31, 2021 | Dec. 31, 2020
Cash flows from operating activities: |  |  |  |  |  |  |  |  |  |
Net income | $ 555,000 | $ 888,000 | $ 479,000 | $ 594,000 | $ 547,000 | $ 949,000 | $ (96,000) | $ 268,000 | $ 2,516,387 | $ 1,667,741
Adjustments to reconcile net income to net cash provided by operating activities: |  |  |  |  |  |  |  |  |  |
(Increase) decrease in other assets |  |  |  |  |  |  |  |  | (18,000) | 798,000
Net cash provided by operating activities |  |  |  |  |  |  |  |  | 3,656,000 | 1,602,000
Cash flows from financing activities: |  |  |  |  |  |  |  |  |  |
Dividends paid |  |  |  |  |  |  |  |  | (1,138,000) | (1,134,000)
Net cash used in financing activities |  |  |  |  |  |  |  |  | 22,707,000 | 32,089,000
Net increase (decrease) in cash and cash equivalents |  |  |  |  |  |  |  |  | 25,088,000 | 23,803,000
Glen Burnie Bancorp |  |  |  |  |  |  |  |  |  |
Cash flows from operating activities: |  |  |  |  |  |  |  |  |  |
Net income |  |  |  |  |  |  |  |  | 2,516,000 | 1,668,000
Adjustments to reconcile net income to net cash provided by operating activities: |  |  |  |  |  |  |  |  |  |
(Increase) decrease in other assets |  |  |  |  |  |  |  |  | (3,000) |
Change in undistributed equity of subsidiary |  |  |  |  |  |  |  |  | (1,517,000) | (596,000)
Net cash provided by operating activities |  |  |  |  |  |  |  |  | 996,000 | 1,072,000
Cash flows from financing activities: |  |  |  |  |  |  |  |  |  |
Proceeds from dividend reinvestment plan |  |  |  |  |  |  |  |  | 130,000 | 130,000
Dividends paid |  |  |  |  |  |  |  |  | (1,138,000) | (1,134,000)
Net cash used in financing activities |  |  |  |  |  |  |  |  | (1,008,000) | (1,004,000)
Net increase (decrease) in cash and cash equivalents |  |  |  |  |  |  |  |  | (12,000) | 68,000
Cash and cash equivalents at beginning of year |  |  |  | $ 111,000 |  |  |  | $ 43,000 | 111,000 | 43,000
Cash and cash equivalents at end of year | $ 99,000 |  |  |  | $ 111,000 |  |  |  | $ 99,000 | $ 111,000

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