ADDED
/MD_December 31, 2025 http://xbrl.sec.gov/country/2025#US 0001828588 2025 FY false 275000 275000 http://fasb.org/us-gaap/2025#InterestReceivable http://fasb.org/us-gaap/2025#InterestReceivable http://fasb.org/us-gaap/2025#InterestReceivable http://fasb.org/us-gaap/2025#InterestReceivable Hanover Bancorp, Inc.
(Exact name of registrant as specified in its charter) Maryland 81-3324480 (State or other jurisdiction of incorporation or organization) (I.R.S.
As of March 6, 2026, the registrant had 7,172,128 shares of common stock outstanding.
Business Overview Hanover Bancorp, Inc., a Maryland corporation (the Company ), is the holding company for Hanover Community Bank (the Bank ), a New York chartered community commercial bank focusing on highly personalized and efficient services and products responsive to local needs.
On June 25, 2025, the Company completed its reincorporation from New York to Maryland.
In June 2025, we opened a full-service branch in Port Jefferson, Suffolk County, New York.
As of December 31, 2025, we had total assets of $2.38 billion, total loans of $2.00 billion, total deposits of $2.03 billion and total stockholders equity of $200.3 million.
Accordingly, the Company reported a transition quarter that ran from October 1, 2023 through December 31, 2023.
In June 2025, the Company was added to the Russell 2000 Index.
The Russell 2000 Index encompasses the 2,000 largest U.S.-traded stocks by objective, market-capitalization rankings, and style attributes.
REMOVED
(Exact name of registrant as specified in its charter) New York 81-3324480 (State or other jurisdiction of incorporation or organization) (I.R.S.
As of March 7, 2025, the registrant had 7,200,883 shares of common stock outstanding.
( Hanover ) is currently a New York corporation which is the holding company for Hanover Community Bank (the Bank ), a New York chartered community commercial bank focusing on highly personalized and efficient services and products responsive to local needs.
In 2024, our Board and shareholders approved a proposal to redomicile the Company in Maryland, and the Company is in the process of completing the change in its state of incorporation from New York to Maryland.
In addition, we have recently received regulatory approval to open a new branch in Port Jefferson, Suffolk County, New York, which we expect to open in early 2025.
As of December 31, 2024, we had total assets of $2.31 billion, total loans of $1.99 billion, total deposits of $1.95 billion and total stockholders equity of $196.6 million.
Accordingly, the Company reported a transition quarter that ran from October 1, 2023 through December 31, 2023 ( transition period ).
The Company s current full fiscal year is the calendar year January 1, 2024 through December 31, 2024 ( calendar 2024 ).
We now offer these services in New Jersey and may in the future consider opening accounts for licensed entities in other states.
We offer real estate loans secured by owner occupied and non-owner occupied commercial properties, including one- to four-family properties and multi-family residential properties and construction and land development loans.