Core Viewpoint - Hanover Bancorp, Inc. has successfully completed a private placement of $35 million in fixed-to-floating rate subordinated notes, enhancing its financial flexibility and supporting its strategic goals [1][4]. Financial Details - The subordinated notes will initially carry an interest rate of 7.25% per annum, payable semi-annually until March 15, 2031, after which the rate will reset quarterly to the three-month secured overnight financing rate (SOFR) plus 386 basis points [2]. - The notes received a BBB+ rating from Egan-Jones Ratings Company and are intended to qualify as Tier 2 capital for regulatory purposes [2]. Use of Proceeds - The net proceeds from the notes will be used to redeem $25 million of the Company's existing subordinated notes and for general corporate purposes, including contributing equity capital to Hanover Community Bank [3]. Management Commentary - The Chairman and CEO of Hanover expressed satisfaction with the transaction, stating it enhances financial flexibility, allows for the retirement of existing subordinated notes at a lower interest rate, and supports balance sheet growth [4]. Company Overview - Hanover Bancorp, Inc. is the parent company of Hanover Community Bank, focusing on personalized banking services in the metro-New York area, offering a full range of financial services including consumer, commercial, and municipal banking products [5].

Core Viewpoint - RBB Bancorp will release its financial results for the fourth quarter and year ended December 31, 2025, on January 26, 2026, after market close [1] Financial Results Announcement - The conference call to discuss the financial results will take place on January 27, 2026, at 11:00 a.m. Pacific Time [2] - Interested parties can listen to the call by dialing specific numbers or via a live webcast on the Company's website [3] Corporate Overview - RBB Bancorp is a community-based financial holding company headquartered in Los Angeles, California, with total assets of $4.2 billion as of September 30, 2025 [4] - The Company operates Royal Business Bank, which provides a range of banking services primarily to Asian-centric communities across various locations in California, Nevada, New York, New Jersey, Illinois, and Hawaii [4] - The Bank has multiple branches across these regions, including nine in Los Angeles County and additional branches in other states [4]