Call reports 2010
VALLEY NATIONAL BANK — 2010
What VALLEY NATIONAL BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 337,139,000 | 329,656,000 | 315,407,000 | 315,725,000 |
| Total loans | 160,572,000 | 158,782,000 | 156,375,000 | 152,377,000 |
| Allowance for loan losses | 7,302,000 | 7,439,000 | 8,120,000 | 8,259,000 |
| Securities available for sale | 126,921,000 | 126,125,000 | 126,817,000 | 122,247,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 251,708,000 | 243,765,000 | 230,945,000 | 234,659,000 |
| Interest-bearing deposits | 229,726,000 | 221,179,000 | 208,754,000 | 210,346,000 |
| Noninterest-bearing deposits | 21,982,000 | 22,586,000 | 22,191,000 | 24,313,000 |
| Equity capital | 35,037,000 | 35,228,000 | 33,730,000 | 30,890,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 3,908,000 | 7,380,000 | 10,898,000 | 14,401,000 |
| Interest expense | 1,109,000 | 2,083,000 | 2,954,000 | 3,768,000 |
| Net interest income | 2,799,000 | 5,297,000 | 7,944,000 | 10,633,000 |
| Noninterest income | 261,000 | 330,000 | 453,000 | 192,000 |
| Noninterest expense | 1,929,000 | 3,826,000 | 6,070,000 | 8,013,000 |
| Provision for loan losses | 0 | 550,000 | 2,650,000 | 6,050,000 |
| Pretax income | 1,254,000 | 1,428,000 | 62,000 | -2,719,000 |
| Income tax | 409,000 | 678,000 | 862,000 | -1,568,000 |
| Net income | 845,000 | 750,000 | -800,000 | -1,151,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,932,000 | 33,838,000 | 32,286,000 | 31,937,000 |
| Total capital | 36,365,000 | 36,240,000 | 34,625,000 | 34,248,000 |
| Risk-weighted assets | 189,691,000 | 187,091,000 | 181,283,000 | 178,898,000 |