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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

$2.3BAssets
$2.0BLoans
$2.0BDeposits
$235.9MEquity
Loan mix
93%RE $1.9B7%C&I $0.1B0%Consumer $0.0BQ3 2024Q2 2026
Deposit mix
87%Interest-bearing $1.8B13%Noninterest $0.3BQ3 2024Q2 2026

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.

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

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%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.54%0.59%0.32%0.40%0.48%0.38%0.42%0.63%+23 bps
Return on Equity5.86%6.33%3.31%4.14%5.03%3.99%4.42%6.44%+231 bps
Net Interest Margin2.40%2.46%2.65%2.75%2.71%2.74%2.99%3.13%+38 bps
Efficiency Ratio67.33%67.40%85.46%76.40%72.74%70.82%78.63%72.08%-432 bps
Non-Interest Burden1.38%1.42%2.15%1.93%1.79%1.76%2.22%2.09%+17 bps
Growth
Asset Growth (YoY)8.28%1.84%-0.71%-0.83%0.15%3.06%3.45%1.05%+187 bps
Loan Growth (YoY)7.89%1.65%-1.80%-2.35%-1.24%0.46%1.62%1.20%+355 bps
Deposit Growth (YoY)12.86%2.63%0.97%0.46%0.85%3.76%5.95%3.15%+269 bps
Asset Quality
Nonperforming Loans / Loans0.76%0.82%0.59%0.88%0.86%1.08%1.22%1.42%+54 bps
Net Charge-Offs / Loans0.04%0.08%0.09%0.40%0.31%0.71%0.01%0.06%-35 bps
Allowance / Loans1.16%1.14%1.16%1.09%1.12%0.93%0.95%0.96%-13 bps
Allowance Coverage of NPLs1.5x1.4x2.0x1.2x1.3x0.9x0.8x0.7x-0.6x
Capital
Tier 1 Leverage Ratio8.85%9.13%8.95%9.29%9.15%9.05%9.20%9.76%+47 bps
Total Risk-Based Capital14.24%14.58%14.62%14.41%14.38%14.15%14.57%14.84%+43 bps
Equity / Assets9.24%9.51%9.64%9.62%9.65%9.40%9.73%10.10%+48 bps
Liquidity & Funding
Loans / Deposits103.24%102.19%102.10%101.31%101.11%98.95%97.93%99.39%-191 bps
Liquid Assets / Assets5.81%6.66%6.64%6.74%6.74%4.79%7.62%5.62%-112 bps
CRE / Total Capitaln/an/an/an/a524%527%514%n/an/a