Glen Burnie Mutual Sb
Glen Burnie, Maryland · FDIC Cert #27567
Glen Burnie Mutual Sb is an FDIC-insured bank (Certificate #27567) with $106M in total assets and $96M in total deposits as of the Q2 2024 Call Report. Headquartered in Glen Burnie, Maryland, the bank maintains a Tier 1 capital ratio of 17.40% (Well-Capitalized) and a nonperforming loan ratio of 0.74%. BankHealthData assigns a composite Health Grade of B (69/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Glen Burnie Mutual Sb (FDIC cert 27567) is a community bank — $106M in total assets, $96M in deposits, serving the Glen Burnie, Maryland area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.
Capital position is strong: Tier 1 capital ratio of 17.40% sits comfortably above the 8% well-capitalized regulatory threshold and the 10% well-capitalized-plus floor for community banks. Strong capital is the first line of defense against unexpected loan losses. Asset quality is normal: non-performing loan ratio of 0.74% sits in the typical 0.5-2% range for healthy U.S. banks. Some NPL is unavoidable in any meaningful lending portfolio. Liquidity is thin: 10.6% liquid-asset ratio. Banks with thin liquidity buffers can face stress during deposit-outflow events or asset-quality shocks.
Profitability is thin: ROA of 0.29% runs below the 1% benchmark. Thin margins can reflect cyclical net-interest-margin pressure, elevated provisions for loan losses, or operating-cost inefficiency. Health-score trend is declining materially over the most recent quarters. Declining trends warrant attention — banks in this pattern often face follow-on regulatory engagement and elevated supervisory scrutiny. Glen Burnie Mutual Sb carries a composite BankHealth grade of B (69/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: Glen Burnie Mutual Sb
- Total Assets
- $106M
- Total Deposits
- $96M
- Tier 1 Capital Ratio
- 17.40%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 0.74%
- Liquidity Ratio
- 10.59%
- Return on Assets
- 0.29%
- Headquarters
- Glen Burnie, Maryland
- FDIC Certificate
- #27567
- Health Grade
- B (69/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Glen Burnie Mutual Sb holds a Tier 1 capital ratio of 17.40%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Glen Burnie Mutual Sb has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Glen Burnie Mutual Sb shows strong financial health indicators. With $106M in assets and a Health Score of 69/100, 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.
How Glen Burnie Mutual Sb Compares
Glen Burnie Mutual Sb’s Health Score of 69 is 0 points above the Maryland state average of 69 across 28 FDIC-insured banks. Its 17.40% Tier 1 capital ratio is 3.4 points above the US banking industry average near 14%. The 0.74% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of 0.29% is below the national ROA benchmark of ~1.1%. Among 1137 similarly-sized banks, the average Health Score is 68, meaning this bank ranks above its size cohort. Site-wide, Glen Burnie Mutual Sb is 1 points below the portfolio average of 70.
Frequently Asked Questions
Glen Burnie Mutual Sb has a Bank Health Score of B (69/100), placing it in solid financial health. It holds a Tier 1 capital ratio of 17.40%, 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 failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. Glen Burnie Mutual Sb's Tier 1 capital ratio of 17.40% and nonperforming loan ratio of 0.74% indicate a low risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at Glen Burnie Mutual Sb is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #27567). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
Glen Burnie Mutual Sb holds $106M in total assets and $96M in total deposits. It is headquartered in Glen Burnie, Maryland (FDIC Certificate #27567).
Glen Burnie Mutual Sb has a Tier 1 capital ratio of 17.40%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.74%, and the return on assets is 0.29%.
Yes. Glen Burnie Mutual Sb is FDIC-insured (Certificate #27567). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An B grade on our Bank Health Score means 70-84/100 — solid financial position with no major stress signals. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Glen Burnie Mutual Sb's metrics indicate solid financial health with no major stress signals — there's no current data-driven reason to move insured deposits. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.