Exhibit 99.1

NEWS  RELEASE

FOR IMMEDIATE RELEASE

Contact:	Yvonne “Rie” Atkinson
	410-768-8857 (office)
	ratkinson@bogb.net

GLEN BURNIE BANCORP RELEASES 3Q EARNINGS

GLEN BURNIE, MD (October 29, 2009) – Glen Burnie Bancorp (NASDAQ: GLBZ), parent company of The Bank of Glen Burnie, today announced results for the third quarter.

The company realized a net income of $527,000 or $0.20 basic earnings per share in the quarter ended September 30, 2009 compared to net losses of $2,118,000 or $0.71 basic loss per share for the same three month period in 2008.  For the nine months ending September 30, 2009, net income was $1,472,000 or $0.53 basic earnings per share as compared to net losses of $978,000 or $0.33 basic loss per share for the same period in 2008.  The loss in 2008 was due to the government intervention into Fannie Mae and Freddie Mac.

The bank achieved the following additional highlights:

· 1.70% increase in year to date loans

· 8.77% increase in year to date deposits

· 8.76% Tier 1 leveraged ratio, FDIC required level of 4.0%

Total interest income for the quarter ending September 30, 2009 was $4,749,000 as compared to $4,667,000 for the same period in 2008.  Total interest income was $13,971,000 for the nine months ending September 30, 2009 as compared to $13,572,000 for the same period in 2008.  For the three month period ending September 30, 2009, net interest income after provision for credit losses was $2,763,000 as compared to $2,882,000 for the same period in 2008.  For the nine months ending September 30, 2009 net interest income after provision for credit losses was $8,303,000 as compared to $8,533,000 for the same period in 2008.

“As the bank celebrates its 60th anniversary it continues to perform well despite the difficult economic conditions.  The positive results we are reporting today are the direct result of staying with our traditional community banking roots.” commented Michael G. Livingston, President and Chief Executive Officer.

Today, The Bank of Glen Burnie will hold its Grand Opening of its relocated South Crain branch one half mile south to New Cut Road.

On October 6, 2009, Glen Burnie Bancorp paid its 69th consecutive dividend to shareholders of record at the close of business on September 25, 2009.

The Bank of Glen Burnie has been awarded a 5-Star Superior Rating from BAUER FINANCIAL Reports, Inc., the nation’s leading independent bank research firm, for the past 36 consecutive quarters. This distinction denotes the highest level of strength, safety and performance measured by Bauer and is based on factors such as capitalization, liquidity, loan delinquency rate and historical performance.

Glen Burnie Bancorp, parent company to The Bank of Glen Burnie, currently maintains consolidated assets totaling more than $350 million.  Founded in 1949, The Bank of Glen Burnie ® is a locally-owned community bank with eight branch offices serving Anne Arundel County.  (www.thebankofglenburnie.com)

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Certain information contained in this news release, which does not relate to historical financial information, may be deemed to constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  Such statements are subject to certain risks and uncertainties, which could cause the company’s actual results in the future to differ materially from its historical results and those presently anticipated or projected.  For a more complete discussion of these and other risk factors, please see the company’s reports filed with the Securities and Exchange Commission.

Glen Burnie Bancorp and Subsidiaries

Condensed Consolidated Balance Sheets

(dollars in thousands)

	(unaudited)
	September		December
		30, 2009		31, 2008
Assets
Cash and due from banks	$	6,011	$	6,960
Interest bearing deposits		1,211		7,884
Federal funds sold		8,784		6,394
Investment securities		81,301		57,949
Common Stock in the Glen Burnie Statutory Trust I		155		155
Loans, net of allowance		239,134		235,133
Premises and equipment at cost, net of accumulated depreciation		4,008		3,099
Other real estate owned		41		550
Other assets		13,905		14,378
Total assets	$	354,550	$	332,502
Liabilities and Stockholders' Equity
Liabilities:
Deposits	$	293,436	$	269,768
Short-term borrowings		61		630
Long-term borrowings		27,043		27,072
Junior subordinated debentures owed to unconsolidated
subsidiary trust		5,155		5,155
Other liabilities		1,724		1,969
Total liabilities		327,419		304,594
Stockholders' equity:
Common stock, par value $1, authorized 15,000,000 shares;
issued and outstanding September 30, 2009   2,678,567;
December 31, 2008   2,967,727 shares		2,679		2,968
Surplus		9,155		11,568
Retained earnings		14,792		14,129
Accumulated other comprehensive income (loss), net of tax benefits		505		(757	)
Total stockholders' equity		27,131		27,908
Total liabilities and stockholders' equity	$	354,550	$	332,502

Glen Burnie Bancorp and Subsidiaries

Condensed Consolidated Statements of Income

(dollars in thousands, except per share amounts)

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	(unaudited)						(unaudited)
	2009			2008			2009			2008
Interest income on
Loans, including fees	$	3,853		$	3,780		$	11,430		$	10,642
U.S. Treasury and U.S. Government agency securities		511			455			1,381			1,572
State and municipal securities		320			353			979			1,073
Other		65			79			181			285
Total interest income		4,749			4,667			13,971			13,572
Interest expense on
Deposits		1,246			1,141			3,769			3,522
Junior subordinated debentures		137			137			410			410
Long-term borrowings		266			235			793			611
Short-term borrowings		-			33			-			50
Total interest expense		1,649			1,546			4,972			4,593
Net interest income		3,100			3,121			8,999			8,979
Provision for credit losses		337			239			696			446
Net interest income after provision for credit losses		2,763			2,882			8,303			8,533
Other income
Service charges on deposit accounts		178			181			517			554
Other fees and commissions		227			237			609			652
Other non-interest income		(11	)		(14	)		(11	)		(11	)
Income on life insurance		68			67			205			203
Gains on investment securities		135			86			184			141
Total other income		597			557			1,504			1,539
Other expenses
Salaries and employee benefits		1,616			1,608			4,733			4,784
Impairment of securities		-			2,816			30			2,816
Occupancy		221			220			673			676
Other expenses		875			710			2,643			2,343
Total other expenses		2,712			5,354			8,079			10,619
Income (loss) before income taxes		648			(1,915	)		1,728			(547	)
Income tax expense		121			203			256			431
Net income (loss)	$	527		$	(2,118	)	$	1,472		$	(978	)
Net income (loss) per share of common stock	$	0.20		$	(0.71	)	$	0.53		$	(0.33	)
Weighted-average shares of common stock outstanding		2,673,759			2,972,016			2,753,571			2,985,757