Call reports 2014
VALLEY NATIONAL BANK — 2014
What VALLEY NATIONAL BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 201,868,000 | 199,608,000 | 173,785,000 | 169,473,000 |
| Total loans | 65,298,000 | 56,369,000 | 53,083,000 | 48,516,000 |
| Allowance for loan losses | 4,031,000 | 4,558,000 | 4,499,000 | 4,870,000 |
| Securities available for sale | 66,258,000 | 64,939,000 | 58,115,000 | 53,976,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 180,384,000 | 177,408,000 | 152,991,000 | 149,228,000 |
| Interest-bearing deposits | 160,307,000 | 155,263,000 | 131,759,000 | 130,123,000 |
| Noninterest-bearing deposits | 20,077,000 | 22,145,000 | 21,232,000 | 19,105,000 |
| Equity capital | 20,590,000 | 20,692,000 | 20,013,000 | 19,800,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,264,000 | 2,511,000 | 3,661,000 | 4,642,000 |
| Interest expense | 262,000 | 507,000 | 643,000 | 766,000 |
| Net interest income | 1,002,000 | 2,004,000 | 3,018,000 | 3,876,000 |
| Noninterest income | 140,000 | 375,000 | 533,000 | 677,000 |
| Noninterest expense | 1,724,000 | 3,508,000 | 5,266,000 | 6,916,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -582,000 | -1,129,000 | -1,711,000 | -2,401,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -582,000 | -1,129,000 | -1,711,000 | -2,401,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,748,000 | 21,200,000 | 20,618,000 | 19,929,000 |
| Total capital | 22,844,000 | 22,204,000 | 21,545,000 | 20,805,000 |
| Risk-weighted assets | 85,150,000 | 76,767,000 | 70,541,000 | 66,215,000 |