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Hanover Community Bank

Garden City Park, NY · Cert 58675 · Hanover Bcorp Inc.

State charter, non-member · FDIC · 10 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks $1B-$10B in assets in the New York-Newark-Jersey City, NY-NJ area3

Basis

Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

Banks $1B-$10B in assets in the New York-Newark-Jersey City, NY-NJ area (n=35 to 36). Each measure ranks only the institutions that reported it, so n varies by measure.

Peer groups below the disclosure floor are suppressed.

Peer standing

Capital

34

Q2 2024Q2 2026peer median (50)

Asset Quality

38

Q2 2024Q2 2026peer median (50)

Profitability

34

Q2 2024Q2 2026peer median (50)

Liquidity

84

Q2 2024Q2 2026peer median

Efficiency

29

Q2 2024Q2 2026peer median (50)

Growth

No peer data yet

Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Hanover Community Bank

Garden City Park, NY · Cert 58675 · Hanover Bcorp Inc.

State charter, non-member · FDIC · 10 branches

Q2 2026

$2.3BAssets
$2.0BLoans
$2.0BDeposits
$235.9MEquity
Loan mix
93%RE $1.9B7%C&I $0.1B0%Consumer $0.0BQ2 2025Q2 2026
Deposit mix
87%Interest-bearing $1.8B13%Noninterest $0.3BQ2 2025Q2 2026

NIM

5.93%Q2 ’245.88%Q2 ’255.77%Q2 ’26+13%+14%

Non-interest income vs. expense

2.02%Q2 ’242.59%Q2 ’252.59%Q2 ’26+40%+9%

Market Position · New York-Newark-Jersey City, NY-NJ · 2026 SOD (annual) · 0.1% share · #60 of 151 inst. · $2.0B of $2921.1B

1.5% Nassau
0.0% New York
0.2% Suffolk
0.1% Queens

Executive Summary

  • Earnings: ROA of 0.63%, up 23 bps year over year; NIM at 3.13%.
  • Asset quality: problem loans at 1.42% of loans (+54 bps YoY), with net charge-offs at 0.06%.
  • Capital: tier 1 leverage ratio of 9.76%, up 47 bps from a year ago.
  • Funding: loans stand at 99.39% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.63%+23 bps YoY

Net Interest Margin (YTD, annualized)

3.13%+38 bps YoY

Efficiency Ratio (YTD, annualized)

72.08%-432 bps YoY

Tier 1 Leverage Ratio

9.76%+47 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.40%0.48%0.38%0.42%0.63%+23 bps
Return on Equity4.14%5.03%3.99%4.42%6.44%+231 bps
Net Interest Margin2.75%2.71%2.74%2.99%3.13%+38 bps
Efficiency Ratio76.40%72.74%70.82%78.63%72.08%-432 bps
Non-Interest Burden1.93%1.79%1.76%2.22%2.09%+17 bps
Growth
Asset Growth (YoY)-0.83%0.15%3.06%3.45%1.05%+187 bps
Loan Growth (YoY)-2.35%-1.24%0.46%1.62%1.20%+355 bps
Deposit Growth (YoY)0.46%0.85%3.76%5.95%3.15%+269 bps
Asset Quality
Nonperforming Loans / Loans0.88%0.86%1.08%1.22%1.42%+54 bps
Net Charge-Offs / Loans0.40%0.31%0.71%0.01%0.06%-35 bps
Allowance / Loans1.09%1.12%0.93%0.95%0.96%-13 bps
Allowance Coverage of NPLs1.2x1.3x0.9x0.8x0.7x-0.6x
Capital
Tier 1 Leverage Ratio9.29%9.15%9.05%9.20%9.76%+47 bps
Total Risk-Based Capital14.41%14.38%14.15%14.57%14.84%+43 bps
Equity / Assets9.62%9.65%9.40%9.73%10.10%+48 bps
Liquidity & Funding
Loans / Deposits101.31%101.11%98.95%97.93%99.39%-191 bps
Liquid Assets / Assets6.74%6.74%4.79%7.62%5.62%-112 bps
CRE / Total Capitaln/a524%527%514%n/an/a

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas. Income-statement figures are year-to-date as filed, annualized (the UBPR convention). Each quarter includes the ones before it.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-11

Hanover Community Bank

Garden City Park, NY · Cert 58675 · Peer group: banks $1B-$10B in assets in the New York-Newark-Jersey City, NY-NJ area (n=35-36) · Hanover Bcorp Inc.

State charter, non-member · FDIC · 10 branches

Q2 2026

$2.3BAssets
$2.0BLoans
$2.0BDeposits
$235.9MEquity

Executive Summary

  • Strongest standing: net interest margin outperforms 50% of banks $1B-$10B in assets in the New York-Newark-Jersey City, NY-NJ area (rank 18 of 36).
  • Widest gap: return on assets trails 78% of banks $1B-$10B in assets in the New York-Newark-Jersey City, NY-NJ area (rank 28 of 36).
  • Overall: at or above the peer median on 1 of 9 directional measures.

Return on Assets

0.63%

Rank 28 of 36

Net Interest Margin

3.13%

Rank 18 of 36

Efficiency Ratio

72.08%

Rank 26 of 35

Equity / Assets

10.10%

Rank 24 of 36

Non-interest income vs. expense

$11.1M$57.8MINCOMEEXPENSE
Unfavorable gap of $46.7M · efficiency ratio beats 29% of banks $1B-$10B in assets in the New York-Newark-Jersey City, NY-NJ area
Bank 72.08%Peer median 63.1%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets0.63%0.65%1.00%1.72%Beats 22%28 / 36
Return on Equity6.28%5.35%9.30%13.56%Beats 31%24 / 35
Net Interest Margin3.13%2.66%3.13%3.63%Beats 50%18 / 36
Efficiency Ratio72.08%52.19%63.09%75.14%Beats 29%26 / 35
Asset Quality
Nonperforming Loans / Loans1.42%0.46%0.84%1.59%Beats 28%27 / 36
Net Charge-Offs / Loans0.03%n/a0.03%0.14%Beats 47%20 / 36
Capital
Tier 1 Capital Ratio13.59%13.13%14.78%18.34%Beats 33%24 / 36
Total Risk-Based Capital Ratio14.84%13.73%15.96%19.27%Beats 36%23 / 36
Equity / Assets10.10%9.80%11.58%14.82%Beats 33%24 / 36
Liquidity & Funding
Loans / Deposits99.39%81.12%95.13%103.24%61st pctl14 / 36
Loans / Assets85.69%67.44%76.31%84.79%83rd pctl6 / 36
Brokered Deposits / Depositsn/aNot reported for this institution