Call reports 2011
VALLEY NATIONAL BANK — 2011
What VALLEY NATIONAL BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 316,010,000 | 313,962,000 | 302,554,000 | 293,834,000 |
| Total loans | 151,054,000 | 146,730,000 | 137,846,000 | 131,023,000 |
| Allowance for loan losses | 8,645,000 | 7,970,000 | 7,703,000 | 6,172,000 |
| Securities available for sale | 124,767,000 | 135,120,000 | 130,488,000 | 115,718,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 234,006,000 | 230,362,000 | 223,326,000 | 212,849,000 |
| Interest-bearing deposits | 211,729,000 | 207,224,000 | 203,001,000 | 193,405,000 |
| Noninterest-bearing deposits | 22,277,000 | 23,138,000 | 20,324,000 | 19,443,000 |
| Equity capital | 31,402,000 | 32,830,000 | 28,437,000 | 30,963,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 3,631,000 | 6,913,000 | 10,192,000 | 13,055,000 |
| Interest expense | 711,000 | 1,328,000 | 1,912,000 | 2,470,000 |
| Net interest income | 2,920,000 | 5,585,000 | 8,280,000 | 10,585,000 |
| Noninterest income | -221,000 | -422,000 | -1,387,000 | -722,000 |
| Noninterest expense | 1,977,000 | 4,062,000 | 6,212,000 | 7,518,000 |
| Provision for loan losses | 500,000 | 707,000 | 6,478,000 | 6,532,000 |
| Pretax income | 221,000 | 408,000 | -5,696,000 | -2,697,000 |
| Income tax | 309,000 | 391,000 | 99,000 | 0 |
| Net income | -88,000 | 17,000 | -5,795,000 | -2,697,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,850,000 | 31,955,000 | 26,142,000 | 30,241,000 |
| Total capital | 34,143,000 | 34,197,000 | 28,220,000 | 32,193,000 |
| Risk-weighted assets | 177,032,000 | 173,600,000 | 160,560,000 | 151,905,000 |