secwatch.observer — SEC 8-K summary
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Issuer:     Hanover Bancorp, Inc. /MD (HNVR)
CIK:        0001828588
Form:       8-K
Filed at:   2023-07-27T23:59:59+00:00
Accession:  0001558370-23-012345
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hanover Bancorp Q3 net income $3.1M ($0.42 EPS) vs $5.3M a year ago; NIM compresses to 2.68%
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- Net interest income $13.5M, down 8.9% YoY; net interest margin 2.68% vs 4.05% a year ago.
- Loan portfolio grew to $1.82B, net increase of $36.1M linked quarter annualized 8.1%.
- Tangible book value per share $22.26, up from $21.00 at Sep 2022; total assets $2.12B.
- Declares $0.10 quarterly cash dividend payable Aug 16, 2023 to holders of record Aug 9.
- Hauppauge Business Banking Center opened in May; deposits >$17M, C&I loans ~$34M closed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1828588/000155837023012345/0001558370-23-012345-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1828588/000155837023012345/hnvr-20230727x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-012345

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