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Hanover Community Bank
Hanover Community Bank
| RSSD ID 3793714 | CERTIFICATE 58675 | ABA NUMBER 21414468 |
| 2131 Jericho Tpke |
Quarter Ended : |
2025-09-30 |
| Garden City Park, New York, 11040 |
Updated : |
2025-10-29 |
| www.hanoverbank.com |
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| Institution Profile |
| Year Opened : |
2009 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
10 |
Number of Employees : |
198 |
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| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
| Total Assets | 2,330,131 |
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Total Interest Income | 97,880 |
| Total Liabilities | 2,105,227 |
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Total NonInterest Income | 10,078 |
| Total Bank Equity Capital | 224,904 |
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Total Interest Expense | 52,255 |
| Total Deposits | 1,975,609 |
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Total NonInterest Expense | 40,521 |
| Net Loans & Leases | 1,966,329 |
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Net Income | 8,364 |
| Loan Loss Allowance | 22,354 |
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Net Charge Offs | 4,570 |
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| Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
| Total capital | 225,016 |
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Total loans | 1,978,375 |
| Total assets for the leverage ratio | 2,246,320 |
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Loans secured by real estate: | 1,823,706 |
| Tier 1 Leverage Ratio | 9.15 |
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Commercial and industrial loans | 154,258 |
| Tier 1 Capital Ratio | 13.13 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 14.38 |
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Loans to individuals - Other | 411 |
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