Hanover Community Bank: Yields and Funding Costs
Data as of · Call Report Schedules RI and RC-K How we update
What the bank earns on its assets, what it pays for its funding, and the spread between them. Net interest margin is the output of the two: it is the engine of earnings for almost every commercial bank.
Compared with Q1 2026, Total interest expense fell 4.5% in Q2 2026 to $14.6M, the biggest move on this page. Within New York, Hanover Community Bank is 74th of 105 on net interest margin, 3.23% as of Q2 2026, below the middle of the field. The median for banks in the $1B-10B asset tier is 3.71% on net interest margin. Hanover Community Bank sits 0.48 points lower, at 3.23% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.91% |
| Yield on loans | 5.99% |
| Yield on securities | 5.50% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.94% |
| Cost of interest-bearing deposits | 3.09% |
| Cost of interest-bearing liabilities | 3.18% |
| Cost of borrowings | 4.26% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.23% |
| Yield to cost spread | 2.73% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $29.8M |
| Total interest expense | $14.6M |
| Interest expense on deposits | $13.7M |
Yields and Funding Costs trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Yields and Funding Costs by quarter
| Quarter | Yield on earning assets | Cost of funds | Net interest margin | Loans | Securities |
|---|---|---|---|---|---|
| Q3 2023 | 5.65% | 3.58% | 2.36% | 5.66% | 4.59% |
| Q4 2023 | 5.95% | 3.78% | 2.48% | 5.95% | 6.37% |
| Q1 2024 | 5.99% | 3.85% | 2.45% | 6.00% | 6.04% |
| Q2 2024 | 6.18% | 3.99% | 2.51% | 6.18% | 6.08% |
| Q3 2024 | 6.19% | 4.08% | 2.44% | 6.21% | 6.14% |
| Q4 2024 | 6.09% | 3.80% | 2.60% | 6.14% | 5.74% |
| Q1 2025 | 5.92% | 3.52% | 2.70% | 6.03% | 5.44% |
| Q2 2025 | 5.96% | 3.45% | 2.81% | 6.02% | 5.70% |
| Q3 2025 | 5.99% | 3.44% | 2.82% | 6.06% | 6.38% |
| Q4 2025 | 5.89% | 3.20% | 2.96% | 5.99% | 5.64% |
| Q1 2026 | 5.76% | 2.95% | 3.04% | 5.91% | 5.42% |
| Q2 2026 | 5.91% | 2.94% | 3.23% | 5.99% | 5.50% |
Hanover Community Bank yields and funding costs, all the way back
Yields and Funding Costs back to 2001 · peer percentiles on every line item · Excel export
Unlock Hanover Community Bank, freeSource: Call Report Schedules RI and RC-K, as filed with the FFIEC and standardized by BankRegReports. Dollar amounts are as reported, point-in-time; income statement items are year-to-date through the report date. See the full Hanover Community Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 58675) · FFIEC NIC profile (RSSD 3793714)