Call reports 2001
VALLEY NATIONAL BANK — 2001
What VALLEY NATIONAL BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 7,956,604,000 | 8,061,173,000 | 8,164,381,000 | 8,353,864,000 |
| Total loans | 5,114,406,000 | 5,196,318,000 | 5,299,951,000 | 5,331,807,000 |
| Allowance for loan losses | 62,547,000 | 61,996,000 | 64,672,000 | 63,803,000 |
| Securities available for sale | 1,902,974,000 | 1,926,951,000 | 1,905,906,000 | 1,952,246,000 |
| Securities held to maturity | 401,195,000 | 397,135,000 | 435,578,000 | 451,006,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 6,134,370,000 | 6,198,510,000 | 6,125,093,000 | 6,309,058,000 |
| Interest-bearing deposits | 5,672,799,000 | 5,759,184,000 | 5,711,903,000 | 5,821,482,000 |
| Noninterest-bearing deposits | 461,571,000 | 439,326,000 | 413,190,000 | 487,576,000 |
| Equity capital | 628,498,000 | 639,278,000 | 664,261,000 | 670,309,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 144,534,000 | 284,101,000 | 420,835,000 | 552,629,000 |
| Interest expense | 63,124,000 | 120,984,000 | 173,993,000 | 219,037,000 |
| Net interest income | 81,410,000 | 163,117,000 | 246,842,000 | 333,592,000 |
| Noninterest income | 17,492,000 | 33,237,000 | 48,183,000 | 64,442,000 |
| Noninterest expense | 50,138,000 | 93,491,000 | 137,446,000 | 182,719,000 |
| Provision for loan losses | 2,100,000 | 4,935,000 | 7,635,000 | 15,706,000 |
| Pretax income | 46,827,000 | 98,907,000 | 151,700,000 | 203,017,000 |
| Income tax | 17,256,000 | 34,656,000 | 51,598,000 | 65,374,000 |
| Net income | 29,571,000 | 64,251,000 | 100,102,000 | 137,643,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 612,331,000 | 626,725,000 | 624,771,000 | 648,597,000 |
| Total capital | 674,878,000 | 688,721,000 | 689,443,000 | 712,400,000 |
| Risk-weighted assets | 5,581,816,000 | 5,658,946,000 | 5,924,850,000 | 5,976,263,000 |