Hanover Community Bank
Garden City Park, NY
IDRSSD: 3793714
Total Assets
$2.33B
Latest filing
Total Deposits
$1.98B
Latest filing
Net Interest Margin
2.80%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
Hanover Community Bank
2131 Jericho Tpke
Garden City Park, NY 11040
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/21/2009FDIC Certificate 462666
Branches (9)
Page 1 of 2| Name | Address | City / State |
|---|---|---|
| Hanover Community Bank (Main) | 2131 Jericho Tpke | Garden City Park, NY |
| BOWERY BRANCH | 109 Bowery | New York, NY |
| ROCKEFELLER CENTER BRANCH | 600 5th Ave | New York, NY |
| 8TH AVENUE BRANCH | 5512 8th Ave | Brooklyn, NY |
| FOREST HILLS BRANCH | 7115 Austin St | Forest Hills, NY |
| MINEOLA BRANCH | 80 E Jericho Tpke | Mineola, NY |
| FLUSHING BRANCH | 13829 39th Ave | Flushing, NY |
| FREEHOLD BRANCH | 4400 Us Highway 9 | Freehold, NJ |
Showing 7 of 9
Quarterly Trends
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Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 01/21/2009 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 11040 |
| State and County Number | 36059 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 02 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | New York |
| Core Based Statistical Area Name | New York-Newark-Jersey City, NY-NJ-PA |
Operational Info
| Number of Employees | 197 |
| Domestic Offices | 9 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/31/2022 |
| Date of Deposit Insurance | 01/21/2009 |
| Primary Insurance Agency | DIF |
| Website | www.hanoverbank.com |
| Data Updated | 11/14/2025 |
| CERT | 58675 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $2.33B |
| Total Deposits | $1.98B |
| Total Liabilities | $2.11B |
| Total Equity Capital | $224.90M |
| Net Income | $3.80M |
| Net Loans and Leases | $1.98B |
| Assets Per Employee ($Millions) | $11.77M |
| Bank Premises and Fixed Assets | $24.92M |
| Cash and Balances due from Depository Institutions | $167.57M |
| Deposits Held in Domestic Offices | $1.98B |
Key Performance Ratios
| Return on Assets (ROA) | 0.65% |
| Return on Equity (ROE) | 6.79% |
| Net Interest Margin | 2.8% |
| Efficiency Ratio | 65.29% |
| Tier 1 Risk-Based Capital Ratio | 13.132% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.23% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 9.652% |
| Earning Assets to total Assets | 95.8% |
Income and Expense
| Total Interest Income | $32.99M |
| Total Noninterest Income | $2.79M |
| Total Interest Expense | $17.45M |
| Total Noninterest Expense | $11.97M |
| Net Interest Income | $15.55M |
| Pre-tax Net Operating Income | $5.04M |
| Provision for Credit Losses | $1.32M |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | $0 |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $100.72M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $28.89M |
| Total Liabilities and Capital | $2.33B |
Securities
| Securities | $103.56M |
| Available-for-sale debt securities | $100.04M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $3.52M |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Hanover Community Bank?
$2.33B as of the latest filing.
How much are Hanover Community Bank's total deposits?
$1.98B in total deposits.
Where is Hanover Community Bank located?
Garden City Park, NY.
What is the Net Interest Margin?
2.80%.
How many domestic offices does it operate?
9.
When was it established?
01/21/2009.
What is the Return on Assets (ROA)?
0.65%.
How much are total loans and leases?
$1.98B (latest filing).
What is the total interest income (latest filing)?
$32.99M.