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v3.24.1

Parent Company Financial Information - Statements of Cash Flows (Details) - USD ($) | 3 Months Ended | 12 Months Ended
--- | --- | ---
Dec. 31, 2023 | Sep. 30, 2023 | Jun. 30, 2023 | Mar. 31, 2023 | Dec. 31, 2022 | Sep. 30, 2022 | Jun. 30, 2022 | Mar. 31, 2022 | Dec. 31, 2023 | Dec. 31, 2022
Cash flows from operating activities: |  |  |  |  |  |  |  |  |  |
Net income | $ 167,000 | $ 552,000 | $ 275,000 | $ 435,000 | $ 830,000 | $ 375,000 | $ 309,000 | $ 231,000 | $ 1,429,094 | $ 1,745,182
Adjustments to reconcile net income to net cash provided by operating activities: |  |  |  |  |  |  |  |  |  |
Increase in other assets |  |  |  |  |  |  |  |  | (106,000) | 215,000
Net cash provided by operating activities |  |  |  |  |  |  |  |  | 1,399,000 | 2,225,000
Cash flows from financing activities: |  |  |  |  |  |  |  |  |  |
Dividends paid |  |  |  |  |  |  |  |  | (1,149,000) | (1,143,000)
Net cash used in financing activities |  |  |  |  |  |  |  |  | (33,910,000) | (41,328,000)
Increase (decrease) in cash |  |  |  |  |  |  |  |  | (14,851,000) | (32,089,000)
Cash, end of year | 15,241,000 |  |  |  |  |  |  |  | 15,241,000 |
Glen Burnie Bancorp |  |  |  |  |  |  |  |  |  |
Cash flows from operating activities: |  |  |  |  |  |  |  |  |  |
Net income |  |  |  |  |  |  |  |  | 1,429,000 | 1,745,000
Adjustments to reconcile net income to net cash provided by operating activities: |  |  |  |  |  |  |  |  |  |
Increase in other assets |  |  |  |  |  |  |  |  | (8,000) |
Change in undistributed equity of subsidiary |  |  |  |  |  |  |  |  | (381,000) | (739,000)
Net cash provided by operating activities |  |  |  |  |  |  |  |  | 1,040,000 | 1,006,000
Cash flows from financing activities: |  |  |  |  |  |  |  |  |  |
Proceeds from dividend reinvestment plan |  |  |  |  |  |  |  |  | 120,000 | 115,000
Dividends paid |  |  |  |  |  |  |  |  | (1,149,000) | (1,143,000)
Net cash used in financing activities |  |  |  |  |  |  |  |  | (1,029,000) | (1,028,000)
Increase (decrease) in cash |  |  |  |  |  |  |  |  | 11,000 | (22,000)
Cash, beginning of year |  |  |  | $ 77,000 |  |  |  | $ 99,000 | 77,000 | 99,000
Cash, end of year | $ 88,000 |  |  |  | $ 77,000 |  |  |  | $ 88,000 | $ 77,000

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