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	11.78	11.85	11.92	10.64	8.55
Other Intangible Assets	6.32	6.02	4.98	4.81	4.75
Goodwill	19.17	19.17	19.17	19.17	19.17
Long-Term Investments	7.79	7.89	8.61	10.55	6.28
Other Non-Earning Assets	15.93	18	10.63	10.63	9.52
Total Assets	2,383	2,312	2,270	2,150	1,840
Interest-bearing deposits	1,781	1,743	1,697	1,549	1,309
Noninterest-bearing deposits	247.79	211.66	207.78	185.73	219.23
Total Deposits	2,028	1,954	1,905	1,735	1,528
Short-Term Borrowings	-	-	128.95	179.85	101.75
Accrued Expenses	1.74	1.53	1.72	1.82	0.92
Long-Term Debt	125.47	132.49	24.64	24.62	24.57
Other Liabilities	27.23	27.16	25.32	22.27	12.13
Total Liabilities	2,183	2,115	2,085	1,964	1,667
Preferred Stock	5.04	5.04	2.96	2.96	-
Common Stock	0.07	0.07	0.07	0.07	0.07
Additional Paid-in Capital	123.43	124.94	125.69	125.5	126.66
Accumulated Other Comprehensive Income	-0.68	-1.33	-2.45	-1.32	-0.62
Retained Earnings	72.4	67.92	58.55	58.69	46.48
Shareholders' Equity	200.27	196.64	184.83	185.91	172.58
Total Liabilities & Equity	2,383	2,312	2,270	2,150	1,840
Total Debt	125.47	132.49	24.64	24.62	24.57
Net Cash (Debt)	-125.47	-132.49	-24.64	-24.62	-24.57
Net Cash Per Share	-17.27	-18.43	-3.33	-3.46	-3.99
Book Value	200.27	196.64	184.83	185.91	172.58
Book Value Per Share	27.57	27.36	25.02	26.11	28.03
Tangible Book Value	174.78	171.45	160.68	161.93	148.66
Tangible Book Value Per Share	24.06	23.86	21.75	22.74	24.14

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

SEC Filings: 10-K · 10-Q