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For the quarter ending 2025-06-30.

Income Overview

Net Income
$2,443K
EPS
$0.33
Unit: Thousand (K) dollars

Income Statement
2025-06-30
2024-09-30
2024-06-30
Revenue from contracts with customers, not included within the scope of asc 606-Loan Servicing And Fee Income
1,083 --
Revenue from contracts with customers, not included within the scope of asc 606-Service Charges On Deposit Accounts
162 --
Revenue from contracts with customers, not included within the scope of asc 606-Other Revenue
18 --
Revenue not from contract with customer, excluding interest income
-3,917 3,536
Revenue from contracts with customers, not included within the scope of asc 606-Net Gain On Sale Of Loans Held For Sale
2,298 --
Total non-interest income
3,561 3,954 3,622
Time deposits
5,058 5,546 4,910
Savings, now and money market deposits
10,649 13,941 12,667
Borrowings
1,547 1,524 2,596
Total interest expense
17,254 21,011 20,173
Other interest income
831 1,138 762
Taxable securities
1,433 1,619 1,534
Loans
29,785 31,356 31,124
Total interest income
32,049 34,113 33,420
Net interest income
14,795 13,102 13,247
Provision for credit losses
2,357 200 4,040
Net interest income after provision for credit losses
12,438 12,902 9,207
Professional fees
878 762 717
Other expenses
1,952 1,930 1,751
Salaries and employee benefits
7,003 6,840 6,499
Data processing
508 547 495
Federal deposit insurance premiums
365 360 365
Occupancy and equipment
1,910 1,799 1,843
Total non-interest expense
12,616 12,238 11,670
Income before income tax expense
3,383 4,618 1,159
Income tax expense
940 1,079 315
Net income
2,443 3,539 844
Basic EPS
0.33 0.48 0.11
Diluted EPS
0.33 0.48 0.11
Basic Average Shares
7,287,237 7,168,850 7,155,382
Diluted Average Shares
7,292,950 7,193,854 7,204,676
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Income Statement

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Loans$29,785K (-4.30%↓ Y/Y)Taxable securities$1,433K (-6.58%↓ Y/Y)Other interest income$831K (9.06%↑ Y/Y)Total interest income$32,049K (-4.10%↓ Y/Y)Net interest income$14,795K (11.69%↑ Y/Y)Revenue from contractswith customers, not...$2,298K Revenue from contractswith customers, not...$1,083K Revenue from contractswith customers, not...$162K Revenue from contractswith customers, not...$18K Total interestexpense$17,254K (-14.47%↓ Y/Y)Net interest incomeafter provision for...$12,438K (35.09%↑ Y/Y)Total non-interestincome$3,561K (-1.68%↓ Y/Y)Provision for creditlosses$2,357K (-41.66%↓ Y/Y)Savings, now and moneymarket deposits$10,649K (-15.93%↓ Y/Y)Time deposits$5,058K (3.01%↑ Y/Y)Borrowings$1,547K (-40.41%↓ Y/Y)Income before incometax expense$3,383K (191.89%↑ Y/Y)Total non-interestexpense$12,616K (8.11%↑ Y/Y)Net income$2,443K (189.45%↑ Y/Y)Income tax expense$940K (198.41%↑ Y/Y)Salaries and employeebenefits$7,003K (7.76%↑ Y/Y)Other expenses$1,952K (11.48%↑ Y/Y)Occupancy and equipment$1,910K (3.64%↑ Y/Y)Professional fees$878K (22.45%↑ Y/Y)Data processing$508K (2.63%↑ Y/Y)Federal depositinsurance premiums$365K (0.00%↑ Y/Y)

Hanover Bancorp, Inc. NY (HNVR)

Hanover Bancorp, Inc. NY (HNVR)