Hanover Community Bank (FDIC #58675): Bank Stress & Real-Estate Credit Exposure
Hanover Community Bank (FDIC Cert #58675): bank stress 78/100, severe, STABLE over 7 days; parent HANOVER BCORP INC.
Hanover Community Bank (#58675) lends in 6 counties across 2 states; Hanover Community Bank (#58675) reaches 403 ZIP codes: New York 5 counties, 351 ZIPs; New Jersey 1 county, 52 ZIPs.
Hanover Community Bank (#58675) largest markets: Suffolk County, NY (218 branches, 109 ZIPs) (#58675), Nassau County, NY (140 branches, 70 ZIPs) (#58675), New York County, NY (140 branches, 70 ZIPs) (#58675), Queens County, NY (136 branches, 68 ZIPs) (#58675), Monmouth County, NJ (52 branches, 52 ZIPs) (#58675), Kings County, NY (40 branches, 40 ZIPs) (#58675).
Hanover Community Bank (#58675) reports $2.33 billion in total assets; Hanover Community Bank (#58675) equity $235.9 million (10.1% of Hanover Community Bank (#58675) assets); Hanover Community Bank (#58675) domestic deposits $2.01 billion; Hanover Community Bank (#58675) net income $7.4 million; Hanover Community Bank (#58675) return on assets 0.63%; Hanover Community Bank (#58675) return on equity 6.44%; Hanover Community Bank (#58675) net interest income $34.6 million; Hanover Community Bank (#58675) call report June 30, 2026.
Hanover Community Bank (#58675) noncurrent real-estate loans 0.01% of its book; Hanover Community Bank (#58675) multifamily 0.04%; Hanover Community Bank (#58675) residential 0.01%; Hanover Community Bank (#58675) net charge-offs on real estate 1.03%; Hanover Community Bank (#58675) multifamily charge-offs 0.08%; Hanover Community Bank (#58675) residential charge-offs 3.26%.
Hanover Community Bank (#58675) net interest margin 3.08% against an eight-quarter Hanover Community Bank (#58675) average of 2.75% (Hanover Community Bank (#58675) compression -0.33 points); Hanover Community Bank (#58675) real-estate loans 1.3% of equity; Hanover Community Bank (#58675) non-residential real estate 326.4% of equity; Hanover Community Bank (#58675) rate-exposure score 40/100, Hanover Community Bank (#58675) fixed-rate trap 40/100; Hanover Community Bank (#58675) risk type credit driven; Hanover Community Bank (#58675) rate regime rates elevated, Hanover Community Bank (#58675) snapshot October 19, 2026.
Hanover Community Bank (#58675) stress score moved from 81.3 on June 22, 2026 to 77.6 on October 20, 2026; Hanover Community Bank (#58675) ranged 77.6 to 81.3 over 117 snapshots.
Hanover Community Bank (#58675) alerts: 6 counties; top Hanover Community Bank (#58675) alert scores: New York County, NY 46 (moderate); Brooklyn County, NY 26 (low); Forest Hills County, NY 26 (low); Freehold County, NY 26 (low); New Hyde Park County, NY 26 (low).