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v3.25.1

Parent Company Financial Information - Statements of Cash Flows (Details) - USD ($) | 3 Months Ended | 12 Months Ended
--- | --- | ---
Dec. 31, 2024 | Sep. 30, 2024 | Jun. 30, 2024 | Mar. 31, 2024 | Dec. 31, 2023 | Sep. 30, 2023 | Jun. 30, 2023 | Mar. 31, 2023 | Dec. 31, 2024 | Dec. 31, 2023
Cash flows from operating activities: |  |  |  |  |  |  |  |  |  |
Net Income (Loss) | $ (40,000) | $ 129,000 | $ (204,000) | $ 3,000 | $ 167,000 | $ 552,000 | $ 275,000 | $ 435,000 | $ (111,563) | $ 1,429,094
Adjustments to reconcile net (loss) income to net cash provided by operating activities: |  |  |  |  |  |  |  |  |  |
Increase in other assets |  |  |  |  |  |  |  |  | (60,000) | (106,000)
Net cash provided by operating activities |  |  |  |  |  |  |  |  | 28,000 | 1,399,000
Cash flows from financing activities: |  |  |  |  |  |  |  |  |  |
Dividends paid |  |  |  |  |  |  |  |  | (865,000) | (1,149,000)
Net cash used in financing activities |  |  |  |  |  |  |  |  | 8,348,000 | (33,910,000)
(Decrease) increase in cash |  |  |  |  |  |  |  |  | 9,223,000 | (14,851,000)
Cash, end of year | 24,464,000 |  |  |  |  |  |  |  | 24,464,000 |
Glen Burnie Bancorp |  |  |  |  |  |  |  |  |  |
Cash flows from operating activities: |  |  |  |  |  |  |  |  |  |
Net Income (Loss) |  |  |  |  |  |  |  |  | (112,000) | 1,429,000
Adjustments to reconcile net (loss) income to net cash provided by operating activities: |  |  |  |  |  |  |  |  |  |
Increase in other assets |  |  |  |  |  |  |  |  | (48,000) | (8,000)
Change in undistributed equity of subsidiary |  |  |  |  |  |  |  |  | 879,000 | (381,000)
Net cash provided by operating activities |  |  |  |  |  |  |  |  | 719,000 | 1,040,000
Cash flows from financing activities: |  |  |  |  |  |  |  |  |  |
Proceeds from dividend reinvestment plan |  |  |  |  |  |  |  |  | 91,000 | 120,000
Dividends paid |  |  |  |  |  |  |  |  | (865,000) | (1,149,000)
Net cash used in financing activities |  |  |  |  |  |  |  |  | (774,000) | (1,029,000)
(Decrease) increase in cash |  |  |  |  |  |  |  |  | (55,000) | 11,000
Cash, beginning of year |  |  |  | $ 88,000 |  |  |  | $ 77,000 | 88,000 | 77,000
Cash, end of year | $ 32,000 |  |  |  | $ 88,000 |  |  |  | $ 32,000 | $ 88,000

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