Advertisement
Hanover Community Bank
Garden City Park, NY · FDIC Certificate #58675 · Chartered 01/2
Total assets
$2.33B
Total deposits
$2.01B
Total equity
$235.90M
Net loans
$1.98B
Branches (offices)
10
Net income (YTD)
$7.41M
Rank: #535 of 4,213 U.S. banks by assets · #39 of 115 in New York. Assets changed 1.0% and deposits 3.2% over the year to June 30, 2026.
Advertisement
Key ratios
| Return on assets (YTD, annualized by FDIC) | 0.63% |
| Return on equity | 6.44% |
| Net interest margin (YTD) | 3.08% |
| Equity to assets | 10.10% |
| Tier 1 leverage ratio | 9.76% |
| Uninsured deposits (share of deposits) | 41.1% |
| Noncurrent loans (share of loans) | 1.42% |
| Net charge-offs (share of loans) | 0.06% |
| Loans to deposits | 98.4% |
| Real estate loans (share of loans) | 93.4% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $1.85B | 93.4% | |
| Commercial & industrial | $150.40M | 7.6% | |
| Consumer / individual | $450.00K | 0.0% | |
| Construction & development | $10.26M | 0.5% | |
| Agricultural | $0 | 0.0% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $1.61B | $1.35B | $11.74M | $191.07M |
| Jun 2023 | $2.12B | $1.59B | $6.94M | $207.01M |
| Jun 2024 | $2.33B | $1.94B | $5.49M | $213.18M |
| Jun 2025 | $2.31B | $1.95B | $4.57M | $222.34M |
| Jun 2026 | $2.33B | $2.01B | $7.41M | $235.90M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| New York | $1.99B | 9 |
| New Jersey | $22.17M | 1 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $2.01B.
Similar-sized banks
First Bank Of The Lake ($2.34B) · Crews Bank & Trust ($2.33B)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
Advertisement