C
Hanover Community Bank
Rating Date
April 2025
Risk Based
Capital Ratio
Leverage
Ratio
Return On
Assets
Total
Assets
Capital
Total
Deposits
Net
Income
Weiss Ratings Hanover Community Bank
Garden City Park, NY
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Rating C
Asset Quality Index 4.70
Capitalization Index 7.20
Liquidity Index 1.40
Profitability Index 4.00
Stability Index 7.50
Company Info Hanover Community Bank
Garden City Park, NY
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FDIC Number 58675
Phone Number (516) 248-4868
Website www.hanoverbank.com
Asset Quality Hanover Community Bank
Garden City Park, NY
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1-Year Asset Growth 1.84%
5-Year Asset Growth 33.64%
5-Year Charge-Offs to Average Loans 0.03%
Charge-Offs to Average Loans 0.08%
Non-Performing Assets to Assets 0.69%
Non-Performing Loans to Capital 7.11%
Non-Performing Loans to Loans 0.82%
Balance Sheet Hanover Community Bank
Garden City Park, NY
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Total Assets 2.31B
Total Deposits 1.96B
Capital and Reserves Hanover Community Bank
Garden City Park, NY
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Capital 219.67M
Leverage Ratio 9.13
Loan Loss Reserves to Loans 1.14%
Risk-Based Capital Ratio 14.58
Liquidity Hanover Community Bank
Garden City Park, NY
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Hot Money Ratio 13.55%
Liquidity Ratio 10.59%
Profitability Hanover Community Bank
Garden City Park, NY
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5-Year Return on Average Assets 1.06%
Net Income 13.54M
Net Interest Spread 2.50%
Operating Profit to Average Assets 0.80%
Overhead Efficiency Ratio 67.40%
Return on Assets 0.61%
Return on Equity 6.33%