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
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 | Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | Peer Position |
|---|
| Earnings |
| Return on Assets | 0.63% | 0.65% | 1.00% | 1.72% | Beats 22% | 28 / 36 | |
| Return on Equity | 6.28% | 5.35% | 9.30% | 13.56% | Beats 31% | 24 / 35 | |
| Net Interest Margin | 3.13% | 2.66% | 3.13% | 3.63% | Beats 50% | 18 / 36 | |
| Efficiency Ratio | 72.08% | 52.19% | 63.09% | 75.14% | Beats 29% | 26 / 35 | |
| Asset Quality |
| Nonperforming Loans / Loans | 1.42% | 0.46% | 0.84% | 1.59% | Beats 28% | 27 / 36 | |
| Net Charge-Offs / Loans | 0.03% | n/a | 0.03% | 0.14% | Beats 47% | 20 / 36 | |
| Capital |
| Tier 1 Capital Ratio | 13.59% | 13.13% | 14.78% | 18.34% | Beats 33% | 24 / 36 | |
| Total Risk-Based Capital Ratio | 14.84% | 13.73% | 15.96% | 19.27% | Beats 36% | 23 / 36 | |
| Equity / Assets | 10.10% | 9.80% | 11.58% | 14.82% | Beats 33% | 24 / 36 | |
| Liquidity & Funding |
| Loans / Deposits | 99.39% | 81.12% | 95.13% | 103.24% | 61st pctl | 14 / 36 | |
| Loans / Assets | 85.69% | 67.44% | 76.31% | 84.79% | 83rd pctl | 6 / 36 | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution |