Hanover Bancorp, Inc. (HNVR)

Hanover Bancorp Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
Cash & Equivalents	167.57	162.86	177.21	192.62	149.95	166.54
Investment Securities	63.53	71.61	61.22	10.75	12.04	10.41
Trading Asset Securities	-	-	-	0.45	-	-
Mortgage-Backed Securities	40.03	15.91	4.24	4.25	4.66	5.94
Total Investments	103.56	87.51	65.46	15.44	16.7	16.36
Gross Loans	1,989	1,986	1,957	1,875	1,624	1,247
Allowance for Loan Losses	-22.35	-22.78	-19.66	-14.69	-12.84	-8.55
Net Loans	1,966	1,963	1,938	1,860	1,611	1,239
Property, Plant & Equipment	24.92	23.67	25.64	26.25	14.46	15
Goodwill	19.17	19.17	19.17	19.17	19.17	19.17
Other Intangible Assets	0.21	0.25	0.31	0.33	0.4	0.48
Loans Held for Sale	8.85	12.4	8.9	-	-	-
Accrued Interest Receivable	11.82	11.85	11.92	10.64	8.55	9.36
Long-Term Deferred Tax Assets	1.4	1.57	2.46	1.51	2.51	3.56
Other Long-Term Assets	20.16	22.2	12.84	13.16	11.36	11.88
Total Assets	2,332	2,312	2,270	2,150	1,840	1,485
Interest Bearing Deposits	1,742	1,743	1,697	1,549	1,221	912.88
Institutional Deposits	-	-	-	-	87.9	60.24
Non-Interest Bearing Deposits	232.98	211.66	207.78	185.73	219.23	191.54
Total Deposits	1,975	1,954	1,905	1,735	1,528	1,165
Short-Term Borrowings	1.21	0.93	2.36	49	55	-
Current Portion of Long-Term Debt	-	7.08	18.86	18.86	11.86	4
Accrued Interest Payable	1.81	1.53	1.72	1.82	0.92	1.29
Long-Term Debt	24.73	24.69	26.92	28.81	33.52	142.18
Federal Home Loan Bank Debt, Long-Term	100.73	100.73	107.81	107.81	25.94	37.98
Long-Term Leases	11.07	9.03	10.46	10.9	-	-
Other Long-Term Liabilities	15.38	17.21	12.5	11.37	12.13	12.01
Total Liabilities	2,130	2,115	2,085	1,964	1,667	1,362
Preferred Stock, Non-Redeemable	5.04	5.04	2.96	2.96	-	-
Total Preferred Equity	5.04	5.04	2.96	2.96	-	-
Common Stock	0.07	0.07	0.07	0.07	0.07	0.06
Retained Earnings	73.12	67.92	58.55	58.69	46.48	24.97
Comprehensive Income & Other	123.6	123.6	123.24	124.18	126.04	97.5
Total Common Equity	196.79	191.6	181.87	182.94	172.58	122.53
Shareholders' Equity	201.83	196.64	184.83	185.91	172.58	122.53
Total Liabilities & Equity	2,332	2,312	2,270	2,150	1,840	1,485
Total Debt	137.74	142.45	166.41	215.37	126.32	184.16
Net Cash (Debt)	29.83	20.41	10.8	-22.3	23.63	-17.61
Net Cash Growth	-	89.01%	-	-	-	-
Net Cash Per Share	4.11	2.84	1.51	-3.13	3.84	-3.78
Filing Date Shares Outstanding	7.19	7.2	7.23	7.33	7.15	5.56
Total Common Shares Outstanding	7.19	7.15	7.2	7.17	7.29	5.56
Book Value Per Share	27.36	26.79	25.28	25.51	23.69	22.02
Tangible Book Value	177.42	172.18	162.39	163.45	153.02	102.88
Tangible Book Value Per Share	24.67	24.07	22.57	22.79	21.00	18.49

Updated Oct 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q