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BankHealth

BANK OF GLEN BURNIE

GLEN BURNIE, MARYLAND · FDIC Cert #16820

A
Health Score
90/100
$356M
Total Assets
$306M
Total Deposits
15.59%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, BANK OF GLEN BURNIE holds a Tier 1 capital ratio of 15.59%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning BANK OF GLEN BURNIE has a strong buffer to absorb potential losses.

Key Financial Metrics

0.16%
Nonperforming Loans
Low — healthy loan portfolio
37.36%
Liquidity Ratio
Strong — can meet withdrawal demands
-0.27%
Return on Assets
Negative — losing money
$306M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

BANK OF GLEN BURNIE shows strong financial health indicators. With $356M in assets and a Health Score of 90/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.

Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.

Frequently Asked Questions

BANK OF GLEN BURNIE has a Bank Health Score of A (90/100). It holds a Tier 1 capital ratio of 15.59%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.

BANK OF GLEN BURNIE holds $356M in total assets and $306M in total deposits. It is located in GLEN BURNIE, MARYLAND (FDIC Certificate #16820).

BANK OF GLEN BURNIE has a Tier 1 capital ratio of 15.59%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.16%, and the return on assets is -0.27%.

Yes. BANK OF GLEN BURNIE is FDIC-insured (Certificate #16820). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.

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