Call reports 2004
VALLEY NATIONAL BANK — 2004
What VALLEY NATIONAL BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 9,969,053,000 | 10,445,246,000 | 10,591,135,000 | 10,739,150,000 |
| Total loans | 6,278,900,000 | 6,507,689,000 | 6,823,625,000 | 6,934,315,000 |
| Allowance for loan losses | 64,796,000 | 64,812,000 | 65,324,000 | 65,700,000 |
| Securities available for sale | 1,738,514,000 | 1,891,040,000 | 1,776,005,000 | 1,868,563,000 |
| Securities held to maturity | 1,234,395,000 | 1,254,398,000 | 1,212,049,000 | 1,218,236,000 |
| Trading assets | 2,446,000 | 2,174,000 | 2,346,000 | 2,514,000 |
| Total deposits | 7,258,965,000 | 7,508,844,000 | 7,512,826,000 | 7,609,232,000 |
| Interest-bearing deposits | 6,731,706,000 | 6,952,247,000 | 6,976,561,000 | 7,038,312,000 |
| Noninterest-bearing deposits | 527,259,000 | 556,597,000 | 536,265,000 | 570,920,000 |
| Equity capital | 729,311,000 | 711,691,000 | 772,739,000 | 807,600,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 123,572,000 | 249,322,000 | 381,813,000 | 519,186,000 |
| Interest expense | 29,548,000 | 60,154,000 | 94,125,000 | 131,852,000 |
| Net interest income | 94,024,000 | 189,168,000 | 287,688,000 | 387,334,000 |
| Noninterest income | 19,295,000 | 38,895,000 | 57,628,000 | 75,733,000 |
| Noninterest expense | 52,342,000 | 106,475,000 | 160,874,000 | 217,043,000 |
| Provision for loan losses | 1,848,000 | 3,324,000 | 4,799,000 | 8,003,000 |
| Pretax income | 62,695,000 | 122,882,000 | 184,854,000 | 243,771,000 |
| Income tax | 21,413,000 | 42,064,000 | 61,979,000 | 79,659,000 |
| Net income | 41,282,000 | 80,818,000 | 122,875,000 | 164,112,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 688,449,000 | 703,629,000 | 745,188,000 | 787,355,000 |
| Total capital | 753,245,000 | 768,441,000 | 810,512,000 | 853,055,000 |
| Risk-weighted assets | 7,374,818,000 | 7,630,979,000 | 7,920,370,000 | 8,038,005,000 |