Glen Burnie Bancorp(GLBZ) - 2024 Q1 - Quarterly Results

Exhibit 99.1 Press Release For Immediate Release Date: April 26, 2024 GLEN BURNIE BANCORP ANNOUNCES FIRST QUARTER 2024 RESULTS GLEN BURNIE, MD (April 26, 2024) – Glen Burnie Bancorp ("Bancorp") (NASDAQ: GLBZ), the bank holding company for The Bank of Glen Burnie ("Bank"), today reported results for the first quarter ended March 31, 2024. Net income for the first quarter was $3,000, or $0 per basic and diluted common share, as compared to $0.44 million, or $0.15 per basic and diluted common share for the thr ...