rise in higher-yielding products such as jumbo CDs, and a reduction in the average cost of funds, the net interest margin was 3.58% for the expectation period ending December 31, 2022, compared to 2.91% for the same period in 2021.

Original Release: https://www.globenewswire.com/news-release/2023/02/14/2607830/0/en/Glen-Burnie-Bancorp-Announces-Fourth-Quarter-and-Full-Year-2022-Results.html

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