Call reports 2007
VALLEY NATIONAL BANK — 2007
What VALLEY NATIONAL BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 12,273,708,000 | 12,291,674,000 | 12,410,947,000 | 12,720,722,000 |
| Total loans | 8,283,527,000 | 8,186,374,000 | 8,373,530,000 | 8,499,205,000 |
| Allowance for loan losses | 73,200,000 | 72,442,000 | 72,161,000 | 72,664,000 |
| Securities available for sale | 1,046,101,000 | 1,250,215,000 | 1,400,233,000 | 1,595,144,000 |
| Securities held to maturity | 504,018,000 | 481,011,000 | 469,495,000 | 555,688,000 |
| Trading assets | 1,166,985,000 | 839,303,000 | 909,718,000 | 722,577,000 |
| Total deposits | 8,420,566,000 | 8,388,492,000 | 8,493,693,000 | 8,123,508,000 |
| Interest-bearing deposits | 7,900,519,000 | 7,884,007,000 | 8,063,456,000 | 7,641,064,000 |
| Noninterest-bearing deposits | 520,047,000 | 504,485,000 | 430,237,000 | 482,444,000 |
| Equity capital | 1,055,724,000 | 1,056,153,000 | 1,070,169,000 | 1,075,652,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 179,191,000 | 360,396,000 | 543,616,000 | 725,225,000 |
| Interest expense | 79,654,000 | 161,712,000 | 247,299,000 | 330,416,000 |
| Net interest income | 99,537,000 | 198,684,000 | 296,317,000 | 394,809,000 |
| Noninterest income | 41,068,000 | 61,092,000 | 80,424,000 | 100,655,000 |
| Noninterest expense | 62,300,000 | 125,316,000 | 188,935,000 | 251,676,000 |
| Provision for loan losses | 1,910,000 | 4,297,000 | 6,881,000 | 11,937,000 |
| Pretax income | 76,395,000 | 130,206,000 | 180,982,000 | 215,925,000 |
| Income tax | 23,543,000 | 36,656,000 | 49,086,000 | 55,648,000 |
| Net income | 52,852,000 | 93,550,000 | 131,896,000 | 160,277,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 878,525,000 | 890,039,000 | 899,197,000 | 900,344,000 |
| Total capital | 1,054,058,000 | 1,064,814,000 | 1,073,821,000 | 1,075,279,000 |
| Risk-weighted assets | 9,004,509,000 | 9,331,795,000 | 9,419,856,000 | 9,698,100,000 |