Call reports 2006
VALLEY NATIONAL BANK — 2006
What VALLEY NATIONAL BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 12,281,514,000 | 12,399,079,000 | 12,407,843,000 | 12,364,157,000 |
| Total loans | 8,163,699,000 | 8,335,692,000 | 8,314,235,000 | 8,336,359,000 |
| Allowance for loan losses | 75,898,000 | 75,697,000 | 75,362,000 | 74,718,000 |
| Securities available for sale | 1,947,551,000 | 1,876,641,000 | 1,878,539,000 | 1,760,121,000 |
| Securities held to maturity | 1,119,196,000 | 1,116,134,000 | 1,086,902,000 | 1,008,984,000 |
| Trading assets | 2,689,000 | 1,922,000 | 1,906,000 | 4,655,000 |
| Total deposits | 8,448,240,000 | 8,671,407,000 | 8,562,952,000 | 8,581,245,000 |
| Interest-bearing deposits | 7,624,773,000 | 8,147,730,000 | 8,072,796,000 | 8,097,882,000 |
| Noninterest-bearing deposits | 823,467,000 | 523,677,000 | 490,156,000 | 483,363,000 |
| Equity capital | 1,039,191,000 | 1,043,135,000 | 1,084,417,000 | 1,054,382,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 168,442,000 | 342,820,000 | 524,057,000 | 707,626,000 |
| Interest expense | 66,431,000 | 139,105,000 | 219,547,000 | 302,927,000 |
| Net interest income | 102,011,000 | 203,715,000 | 304,510,000 | 404,699,000 |
| Noninterest income | 18,201,000 | 36,845,000 | 54,901,000 | 76,802,000 |
| Noninterest expense | 60,149,000 | 121,286,000 | 186,344,000 | 247,830,000 |
| Provision for loan losses | 1,294,000 | 4,412,000 | 6,029,000 | 9,270,000 |
| Pretax income | 58,769,000 | 114,862,000 | 163,054,000 | 218,100,000 |
| Income tax | 15,987,000 | 29,111,000 | 30,598,000 | 45,053,000 |
| Net income | 42,782,000 | 85,751,000 | 132,456,000 | 173,047,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 881,036,000 | 893,913,000 | 910,943,000 | 892,646,000 |
| Total capital | 1,056,934,000 | 1,069,610,000 | 1,086,305,000 | 1,067,364,000 |
| Risk-weighted assets | 9,162,450,000 | 9,361,029,000 | 9,318,272,000 | 9,274,241,000 |