Call reports 2012
VALLEY NATIONAL BANK — 2012
What VALLEY NATIONAL BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 291,744,000 | 269,021,000 | 211,896,000 | 206,418,000 |
| Total loans | 121,632,000 | 114,555,000 | 103,421,000 | 102,505,000 |
| Allowance for loan losses | 4,298,000 | 4,806,000 | 4,706,000 | 5,704,000 |
| Securities available for sale | 117,777,000 | 105,333,000 | 70,688,000 | 69,069,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 210,280,000 | 187,950,000 | 181,894,000 | 178,045,000 |
| Interest-bearing deposits | 188,920,000 | 160,471,000 | 158,671,000 | 155,204,000 |
| Noninterest-bearing deposits | 21,360,000 | 27,479,000 | 23,223,000 | 22,840,000 |
| Equity capital | 31,469,000 | 31,179,000 | 29,085,000 | 27,664,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 2,392,000 | 4,563,000 | 6,150,000 | 7,743,000 |
| Interest expense | 508,000 | 909,000 | 1,262,000 | 1,562,000 |
| Net interest income | 1,884,000 | 3,654,000 | 4,888,000 | 6,181,000 |
| Noninterest income | -110,000 | -188,000 | -129,000 | -175,000 |
| Noninterest expense | 1,795,000 | 3,554,000 | 5,356,000 | 6,930,000 |
| Provision for loan losses | 1,070,000 | 1,939,000 | 3,895,000 | 6,320,000 |
| Pretax income | -769,000 | -1,575,000 | -3,290,000 | -5,948,000 |
| Income tax | 0 | 0 | 1,000 | 1,000 |
| Net income | -769,000 | -1,575,000 | -3,291,000 | -5,949,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,549,000 | 28,092,000 | 26,121,000 | 24,784,000 |
| Total capital | 30,384,000 | 29,824,000 | 27,631,000 | 26,275,000 |
| Risk-weighted assets | 144,338,000 | 135,476,000 | 117,593,000 | 115,024,000 |