Welcome to our dedicated page for Hanover Bancorp SEC filings (Ticker: HNVR), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Hanover Bancorp, Inc. (HNVR) SEC filings page on Stock Titan provides direct access to the company’s regulatory disclosures as a Nasdaq-listed bank holding company. Through these documents, investors can review how Hanover reports its commercial banking activities, capital structure, and risk profile as the parent of Hanover Community Bank.
Current reports on Form 8-K feature prominently in Hanover’s filing history. The company uses Form 8-K to announce quarterly and annual earnings results, furnish press releases on financial performance, and provide investor presentation materials under Regulation FD. These filings give detail on net interest income, net interest margin, pre-provision net revenue, asset quality, loan and deposit trends, and quarterly cash dividend declarations on common and Series A preferred shares.
Hanover also files 8-Ks for material corporate events, such as its 2025 reincorporation merger in which Hanover Bancorp, Inc., a New York corporation, merged into a Maryland corporation of the same name to change its domicile. The related 8-K describes the Agreement and Plan of Merger, the continuation of the company’s business under Maryland law, the conversion of outstanding shares into Maryland-incorporated shares on a one-for-one basis, and the succession of the Maryland entity to all rights, assets, liabilities, and obligations of the former New York corporation.
On Stock Titan, these filings are updated in near real time as they appear on EDGAR. AI-powered summaries help explain the key points in lengthy documents, highlight items such as earnings trends, changes in corporate structure, and capital actions, and make it easier to understand the implications of each filing without reading every page. Users can quickly locate Hanover’s earnings-related 8-Ks, Regulation FD disclosures with investor presentations, and corporate governance filings related to charter and bylaw changes.
For investors analyzing HNVR, this page serves as a focused view of Hanover Bancorp’s SEC reporting history, combining raw filings with AI-generated insights to clarify complex financial and legal information.
Hanover Bancorp, Inc., the parent of Hanover Community Bank, reports a community banking franchise focused on the New York metro area. As of December 31, 2025, it had $2.38 billion in total assets, $2.00 billion in total loans, $2.03 billion in deposits and $200.3 million in stockholders’ equity.
The bank emphasizes real estate and small business lending, with a large share of loans secured by New York–area properties, including one‑ to four‑family mortgages, commercial real estate and multifamily housing. It also originates SBA and municipal banking business, holding $700.7 million in municipal deposits at a 3.01% weighted average rate.
The filing highlights risks from economic concentration in the New York region, extensive exposure to commercial and residential real estate, interest rate volatility, reliance on wholesale and government-backed funding, and regulatory and compliance demands. It also notes specific sensitivities around rent-regulated multifamily assets and non‑conforming mortgage products.
Hanover Bancorp, Inc. completed a private placement of $35.0 million in 7.25% fixed-to-floating rate subordinated notes due 2036 sold at 100% of face value to qualified institutional buyers and accredited investors. The notes pay a fixed 7.25% coupon, semi-annually, until March 15, 2031, then reset quarterly to three-month SOFR (not below zero) plus 386 basis points, paid quarterly.
The company plans to use the proceeds to repay $25 million of existing subordinated notes and for general corporate purposes, including equity contributions to Hanover Community Bank. The notes are unsecured, subordinated obligations intended to qualify as Tier 2 capital, carry a BBB+ rating, and are redeemable by the company on interest payment dates on or after March 15, 2031, subject to regulatory approval.
Hanover Bancorp, Inc. Chairman and CEO Michael P. Puorro reported multiple tax-related share dispositions of common stock. On February 20, 2026, he delivered an aggregate of 4,383 shares at $21.98 per share to cover tax withholding on vested restricted stock.
The restricted shares that vested on that date came from prior grants made on January 27, 2022, January 24, 2023, January 19, 2024, and January 29, 2025. After these transactions, Puorro directly owned 321,663 Hanover Bancorp common shares.
Hanover Bancorp, Inc. Senior Executive Vice President and Chief Financial Officer Lance P. Burke reported several small dispositions of common stock on February 20, 2026. Each transaction was coded "F" and represents shares withheld at $21.98 per share to cover tax obligations when previously granted restricted stock vested. These are administrative tax-withholding dispositions rather than open-market sales, and Burke continues to hold a direct ownership position in Hanover Bancorp common stock after these transactions.
Hanover Bancorp, Inc. executive Joseph F. Burns, EVP & Chief Lending Officer, reported a small share disposition tied to taxes rather than an open-market trade. On February 20, 2026, 188 shares of common stock were withheld at $21.98 per share to cover tax obligations on restricted stock that vested the same day. After this tax-withholding disposition, he directly owned 11,505 common shares.
Hanover Bancorp, Inc. president Wilcox McClelland W reported tax-related dispositions of company stock. On February 20, 2026, a total of 3,401 shares of common stock were withheld at $21.98 per share to cover taxes on vested restricted stock grants from 2022–2025. After these tax-withholding transactions, he directly owned 97,697 shares of Hanover Bancorp common stock.
Hanover Bancorp EVP and Chief Risk Officer John P. Vivona had 95 shares of common stock withheld for taxes in connection with restricted stock vesting. The tax-withholding disposition on restricted shares occurred on February 20, 2026 at a price of $21.98 per share. After this non‑open‑market transaction, he directly holds 5,152 shares of Hanover Bancorp common stock.
Hanover Bancorp (HNVR) insider activity centers on tax-related share dispositions, not open-market selling. First Senior Vice President and Chief Accounting Officer Lisa A. Diiorio used three small blocks of common stock on February 20, 2026 to cover tax withholding triggered by vesting of prior restricted stock awards. These tax-withholding dispositions, all coded as transaction type “F,” relate to grants made in 2025, 2024, and 2022. After these transactions, she directly owned 15,778 shares of Hanover Bancorp common stock.
Hanover Bancorp, Inc. executive Kevin Corbett, EVP & Chief Credit Officer, reported several Form 4 transactions involving common stock on February 20, 2026. These were tax-withholding dispositions, where shares were surrendered to cover tax liabilities upon the vesting of previously granted restricted stock. After these transactions, Corbett directly owned 27,936 shares of Hanover Bancorp common stock.
Hanover Bancorp, Inc. announced that McClelland “Mac” Wilcox, President of the company and its banking subsidiary, will leave as part of a management restructuring initiative. His last day is expected to be March 31, 2026, under his existing employment agreement.
Subject to signing and not revoking a Transition Agreement and General Release, Mr. Wilcox will receive a severance benefit of approximately $2.15 million under that agreement. The Board has appointed Michael Puorro, currently Chairman and Chief Executive Officer, to also serve as President of both the company and the bank, effective immediately after Mr. Wilcox’s departure.