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 2023-12-31

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 2024-03-19

 SECURITIES AND EXCHANGE COMMISSION

 Washington, D.C. 20549

 FORM 10-K/A

 (Amendment No. 1)

 x
 Annual report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the fiscal year
ended December 31, 2023 or

 Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition
period from to

 Commission
file number: 0-24047

 GLEN BURNIE BANCORP

 (Exact name of registrant as specified in its charter)

 maryland

 52-1782444

 (State or other jurisdiction

 (I.R.S. Employer

 of incorporation or organization)

 Identification No.)

 101 Crain Highway, S.E., Glen Burnie, Maryland

 21061

 (Address of principal executive offices)

 (Zip Code)

 Registrant's telephone number, including area code

 ( 410) 766-3300

 Securities registered pursuant to Section 12(b)
of the Act:

 Title of Class

 Name of Each Exchange on Which Registered

 None

 None

 Securities registered pursuant to Section 12(g)
of the Act:

 Title of Class

 Common Stock, $1.00 par value

 Common Stock Purchase Rights

by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes No x

by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Act. Yes No x

by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities
Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),
and (2) has been subject to such filing requirements for the past 90 days.

 Yes x No

by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule
405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was
required to submit such files). Yes x No

by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained,
to the best of registrant's knowledge, in definitive proxy or information statement incorporated by reference in Part III of this
Form 10-K or any amendment to this Form 10-K. x

 Indicate by check mark if the registrant is a
large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See
definition of "large accelerated filer," "accelerated filer," "smaller reporting company" and "emerging
growth company" in Rule 12b-2 of the Exchange Act.

 Large
 Accelerated Filer

 Accelerated
 Filer

 Non-Accelerated
 Filer x

 Smaller Reporting Company x

 Emerging Growth Company

 If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 Indicate by check mark whether the registrant has filed a report on
and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the
registered public accounting firm that prepared or issued its audit report.

 If securities are registered pursuant to Section 12(b) of the Act,
indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to
previously issued financial statements.

 Indicate by check mark whether any of those error corrections are restatements
that required a recovery analysis of incentive-based compensation received by any of the registrant's executive officers during
the relevant recovery period pursuant to §240.10D-1(b).

by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes No x

 The aggregate market value of the registrant's
outstanding common equity held by non-affiliates was $ 18,633,717, computed by reference to the closing sales price of such equity as of
the last business day of the registrant's most recently completed second fiscal quarter (June 30, 2023). For the purposes of this
calculation, directors, executive officers, and the controlling investor are considered affiliates.

 Securities registered pursuant to Section 12(b) of the Act:

 Title of each class

 Trading symbol(s)

 Name of each exchange on which registered

 Common Stock, par value $1.00 per share

 GLBZ

 The NASDAQ Stock Market LLC

 The number of shares of common stock outstanding
as of March 19, 2024, was 2,887,467.

 Documents Incorporated By Reference

 Portions of the registrant's definitive
proxy statement for the 2024 Annual Meeting of Stockholders to be filed with the SEC pursuant to Regulation 14A are incorporated by reference
into Part III of this Annual Report on Form 10-K.

 Auditor Name
 Auditor Firm ID
 Auditor Location

 UHY LLP
 1195
 Salisbury, Maryland

 The Registrant hereby amends
Item 15(a)(3) of its Annual Report on Form 10-K for the fiscal year ended December 31, 2023, which was filed with the Commission on March
22, 2024. The purpose of the amendment is to correct Exhibit 23.1 of the Form 10-K.

 ITEM
15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES

 (a) 3. Exhibits required to be filed by Item
601 of Regulation S-K.

 Exhibit No.

 Description

 23.1

 Consent of UHY LLP, Certified Public Accountants (filed herewith)

 31.1

 Rule 15d-14(a) Certification by the Principal Executive Officer (filed herewith)

 31.2

 Rule 15d-14(a) Certification by the Principal Accounting Officer (filed herewith)

 Certification by the Principal Executive Officer and Principal Accounting Officer of the periodic financial reports, required by Section 906 of the Sarbanes-Oxley Act of 2002 (furnished herewith)

 SIGNATURES

 Pursuant to the requirements
of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned thereunto duly authorized.

 GLEN BURNIE BANCORP

 April 2, 2024

 By:

 /s/ Mark C.
 Hanna

 Mark C. Hanna

 President and Chief Executive Officer