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v3.23.1

Parent Company Financial Information - Statements of Cash Flows (Details) - USD ($) | 3 Months Ended | 12 Months Ended
--- | --- | ---
Dec. 31, 2022 | Sep. 30, 2022 | Jun. 30, 2022 | Mar. 31, 2022 | Dec. 31, 2021 | Sep. 30, 2021 | Jun. 30, 2021 | Mar. 31, 2021 | Dec. 31, 2022 | Dec. 31, 2021
Cash flows from operating activities: |  |  |  |  |  |  |  |  |  |
Net income | $ 830,000 | $ 375,000 | $ 309,000 | $ 231,000 | $ 555,000 | $ 888,000 | $ 479,000 | $ 594,000 | $ 1,745,182 | $ 2,516,387
Adjustments to reconcile net income to net cash provided by operating activities: |  |  |  |  |  |  |  |  |  |
Increase in other assets |  |  |  |  |  |  |  |  | 215,000 | (244,000)
Net cash provided by operating activities |  |  |  |  |  |  |  |  | 2,225,000 | 3,656,000
Cash flows from financing activities: |  |  |  |  |  |  |  |  |  |
Dividends paid |  |  |  |  |  |  |  |  | (1,143,000) | (1,138,000)
Net cash used in financing activities |  |  |  |  |  |  |  |  | (41,328,000) | 22,707,000
Net (decrease) increase in cash and cash equivalents |  |  |  |  |  |  |  |  | (32,089,000) | 25,088,000
Cash, end of year | 30,092,000 |  |  |  |  |  |  |  | 30,092,000 |
Glen Burnie Bancorp |  |  |  |  |  |  |  |  |  |
Cash flows from operating activities: |  |  |  |  |  |  |  |  |  |
Net income |  |  |  |  |  |  |  |  | 1,745,000 | 2,516,000
Adjustments to reconcile net income to net cash provided by operating activities: |  |  |  |  |  |  |  |  |  |
Increase in other assets |  |  |  |  |  |  |  |  |  | (3,000)
Change in undistributed equity of subsidiary |  |  |  |  |  |  |  |  | (739,000) | (1,517,000)
Net cash provided by operating activities |  |  |  |  |  |  |  |  | 1,006,000 | 996,000
Cash flows from financing activities: |  |  |  |  |  |  |  |  |  |
Proceeds from dividend reinvestment plan |  |  |  |  |  |  |  |  | 115,000 | 130,000
Dividends paid |  |  |  |  |  |  |  |  | (1,143,000) | (1,138,000)
Net cash used in financing activities |  |  |  |  |  |  |  |  | (1,028,000) | (1,008,000)
Net (decrease) increase in cash and cash equivalents |  |  |  |  |  |  |  |  | (22,000) | (12,000)
Cash, beginning of year |  |  |  | $ 99,000 |  |  |  | $ 111,000 | 99,000 | 111,000
Cash, end of year | $ 77,000 |  |  |  | $ 99,000 |  |  |  | $ 77,000 | $ 99,000

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