GLEN BURNIE BANCORP
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $13.0M | $12.7M | $14.2M | $14.7M | $14.6M | $14.4M | $15.5M | $14.8M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $3.8M | $3.1M | $4.0M | $4.8M | $5.9M | $6.6M | $7.4M | $7.8M |
| Operating Margin | 29.0% | 24.7% | 28.0% | 32.5% | 40.4% | 45.8% | 47.9% | 53.1% |
| Interest Expense | $1.9M | $2.1M | $2.4M | $2.5M | $2.7M | $3.3M | $3.7M | $5.3M |
| Pretax Income | $1.8M | $1.0M | $1.6M | $2.2M | $3.2M | $3.3M | $3.8M | $2.6M |
| Income Tax Expense | $913.0K | $-83.0K | $244.9K | $308.7K | $633.9K | $673.8K | $767.4K | $485.5K |
| Net Income | $911.0K | $1.1M | $1.4M | $1.9M | $2.6M | $2.7M | $3.0M | $2.1M |
| Net Margin | 7.0% | 8.6% | 9.5% | 13.1% | 17.9% | 18.5% | 19.3% | 14.0% |
| EPS (Basic) | $0.33 | $0.40 | $0.49 | $0.69 | $0.95 | $0.98 | $1.10 | $0.76 |
| EPS (Diluted) | $0.33 | $0.40 | $0.49 | $0.69 | $0.95 | $0.98 | $1.10 | $0.76 |
| Shares Outstanding (Basic) | 2.8M | 2.8M | 2.8M | 2.8M | 2.7M | 2.7M | 2.7M | 2.7M |
| Shares Outstanding (Diluted) | 2.8M | 2.8M | 2.8M | 2.8M | 2.7M | 2.7M | 2.7M | 2.7M |
| Dividends Per Share | $0.40 | $0.40 | $0.27 | $0.40 | $0.40 | $0.40 | $0.40 | $0.40 |