Hanover Bancorp Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022
Cash & Equivalents	208.9	162.86	177.21	192.62	149.95
Securities and Investments	100.57	87.51	65.46	15	16.7
Gross Loans	2,001	1,986	1,957	1,875	1,624
Allowance for Loan Losses	-18.69	-22.78	-19.66	-14.69	-12.84
Net Loans	1,988	1,975	1,946	1,860	1,611
Net Property, Plant & Equipment	24.17	23.67	25.64	26.25	14.46
Accrued Interest and Accounts Receivable	-	11.85	11.92	10.64	8.55
Other Intangible Assets	-	6.27	4.98	4.81	4.75
Goodwill	19.17	19.17	19.17	19.17	19.17
Long-Term Investments	-	7.89	8.61	10.55	6.28
Other Non-Earning Assets	41.83	17.75	10.63	10.63	9.52
Total Assets	2,383	2,312	2,270	2,150	1,840
Interest-bearing deposits	509.9	1,743	1,697	1,549	1,309
Noninterest-bearing deposits	-	211.66	207.78	185.73	219.23
Total Deposits	2,028	1,954	1,905	1,735	1,528
Short-Term Borrowings	100.73	107.81	128.95	179.85	101.75
Accrued Expenses	-	1.53	1.72	1.82	0.92
Long-Term Debt	24.74	24.69	24.64	24.62	24.57
Other Liabilities	28.98	27.16	25.32	22.27	12.13
Total Liabilities	2,183	2,115	2,085	1,964	1,667
Preferred Stock	-	5.04	2.96	2.96	-
Common Stock	-	0.07	0.07	0.07	0.07
Additional Paid-in Capital	-	124.94	125.69	125.5	126.66
Accumulated Other Comprehensive Income	-	-1.33	-2.45	-1.32	-0.62
Retained Earnings	-	67.92	58.55	58.69	46.48
Shareholders' Equity	-	196.64	184.83	185.91	172.58
Total Liabilities & Equity	2,183	2,312	2,270	2,150	1,840
Total Debt	24.74	24.69	24.64	24.62	24.57
Net Cash (Debt)	-24.74	-24.69	-24.64	-24.62	-24.57
Net Cash Per Share	-3.31	-3.32	-3.33	-3.46	-3.99
Book Value	0	196.64	184.83	185.91	172.58
Book Value Per Share	-	26.46	25.02	26.11	28.03
Tangible Book Value	-19.17	171.2	160.68	161.93	148.66
Tangible Book Value Per Share	-2.56	23.03	21.75	22.74	24.14

Updated Dec 31, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q