GLEN BURNIE – Q2 numbers at Glen Burnie Bancorp showed net income of $490,000 or $0.18 basic earnings per share, lower than the net income of $604,000 or $0.20 basic earnings per share for the same three month period last year. Net interest income after provisions for credit losses was $2,825,000, only slightly less than Q2 2008. The parent company of The Bank of Glen Burnie also reported that total assets ($355,950,000) and deposits ($296,540,000) were higher than the equivalent period.
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