Hanover Community Bank

Garden City Park, NY
IDRSSD: 3793714
Total Assets
$2.38B
Latest filing
Total Deposits
$2.03B
Latest filing
Net Interest Margin
2.95%
Profitability

Routing numbers

Primary routing transit numbers associated with this institution.

021414468GARDEN CITY PARK, NY

Key People

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Locations

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Main Office
Hanover Community Bank
2131 Jericho Tpke
Garden City Park, NY 11040
Full Service - Brick and Mortar
Updated 01/30/2026Established 01/21/2009FDIC Certificate 462666

Branches (9)

Page 1 of 2
NameAddressCity / State
Hanover Community Bank (Main)2131 Jericho TpkeGarden City Park, NY
BOWERY BRANCH109 BoweryNew York, NY
ROCKEFELLER CENTER BRANCH600 5th AveNew York, NY
8TH AVENUE BRANCH5512 8th AveBrooklyn, NY
FOREST HILLS BRANCH7115 Austin StForest Hills, NY
MINEOLA BRANCH80 E Jericho TpkeMineola, NY
FLUSHING BRANCH13829 39th AveFlushing, NY
FREEHOLD BRANCH4400 Us Highway 9Freehold, 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

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date01/21/2009
Community BankYes
Ownership TypeNot Mutual
ZIP11040
State and County Number36059
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number02
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictNew York
Core Based Statistical Area NameNew York-Newark-Jersey City, NY-NJ-PA

Operational Info

Number of Employees198
Domestic Offices10
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance01/21/2009
Primary Insurance AgencyDIF
Websitewww.hanoverbank.com
Data Updated01/30/2026
CERT58675
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$2.38B
Total Deposits$2.03B
Total Liabilities$2.16B
Total Equity Capital$223.88M
Net Income$515.00k
Net Loans and Leases$1.99B
Assets Per Employee ($Millions)$12.28M
Bank Premises and Fixed Assets$24.17M
Cash and Balances due from Depository Institutions$208.90M
Deposits Held in Domestic Offices$2.03B

Key Performance Ratios

Return on Assets (ROA)0.09%
Return on Equity (ROE)0.92%
Net Interest Margin2.95%
Efficiency Ratio65.13%
Tier 1 Risk-Based Capital Ratio12.901%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets1.04%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets9.4%
Earning Assets to total Assets92.46%

Income and Expense

Total Interest Income$32.60M
Total Noninterest Income$2.55M
Total Interest Expense$16.23M
Total Noninterest Expense$12.32M
Net Interest Income$16.37M
Pre-tax Net Operating Income$497.00k
Provision for Credit Losses$6.10M
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$650.00k
Other borrowed funds$100.72M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$28.49M
Total Liabilities and Capital$2.38B

Securities

Securities$100.57M
Available-for-sale debt securities$99.55M
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$1.02M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Hanover Community Bank?
$2.38B as of the latest filing.
How much are Hanover Community Bank's total deposits?
$2.03B in total deposits.
Where is Hanover Community Bank located?
Garden City Park, NY.
What is the Net Interest Margin?
2.95%.
How many domestic offices does it operate?
10.
When was it established?
01/21/2009.
What is the Return on Assets (ROA)?
0.09%.
How much are total loans and leases?
$1.99B (latest filing).
What is the total interest income (latest filing)?
$32.60M.