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 Hanover Community Bank
Hanover Community Bank
| RSSD ID 3793714 | CERTIFICATE 58675 | ABA NUMBER 21414468 |
| 2131 Jericho Tpke |
Quarter Ended : |
2025-03-31 |
| Garden City Park, New York, 11040 |
Updated : |
2025-04-30 |
| 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 : |
9 |
Number of Employees : |
200 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 2,290,246 |
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Total Interest Income | 32,836 |
| Total Liabilities | 2,069,515 |
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Total NonInterest Income | 3,732 |
| Total Bank Equity Capital | 220,731 |
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Total Interest Expense | 17,882 |
| Total Deposits | 1,936,408 |
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Total NonInterest Expense | 15,969 |
| Net Loans & Leases | 1,937,749 |
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Net Income | 1,824 |
| Loan Loss Allowance | 22,925 |
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Net Charge Offs | 455 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 220,851 |
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Total loans | 1,989,796 |
| Total assets for the leverage ratio | 2,256,087 |
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Loans secured by real estate: | 1,814,780 |
| Tier 1 Leverage Ratio | 8.95 |
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Commercial and industrial loans | 174,535 |
| Tier 1 Capital Ratio | 13.37 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 14.62 |
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Loans to individuals - Other | 481 |
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:· Hanover Community Bank
