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BankHealth

GLEN BURNIE MUTUAL SB

GLEN BURNIE, MARYLAND · FDIC Cert #27567

B
Health Score
69/100
$106M
Total Assets
$96M
Total Deposits
17.40%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

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

0.74%
Nonperforming Loans
Low — healthy loan portfolio
10.59%
Liquidity Ratio
Adequate liquidity
0.29%
Return on Assets
Low profitability
$96M
Domestic Deposits
Total domestic deposits held

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.

Frequently Asked Questions

GLEN BURNIE MUTUAL SB has a Bank Health Score of B (69/100). 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.

GLEN BURNIE MUTUAL SB holds $106M in total assets and $96M in total deposits. It is located 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." The 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. Even if a bank fails, insured depositors typically regain access to funds within two business days.

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