Call reports 2009
VALLEY NATIONAL BANK — 2009
What VALLEY NATIONAL BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 14,414,050,000 | 14,111,319,000 | 14,209,795,000 | 14,262,595,000 |
| Total loans | 9,878,260,000 | 9,645,973,000 | 9,525,631,000 | 9,395,563,000 |
| Allowance for loan losses | 95,912,000 | 100,760,000 | 103,446,000 | 101,990,000 |
| Securities available for sale | 1,378,123,000 | 1,316,766,000 | 1,342,870,000 | 1,349,593,000 |
| Securities held to maturity | 1,125,026,000 | 1,575,972,000 | 1,578,746,000 | 1,584,388,000 |
| Trading assets | 44,549,000 | 32,821,000 | 32,173,000 | 32,950,000 |
| Total deposits | 9,708,538,000 | 9,534,218,000 | 9,602,969,000 | 9,675,110,000 |
| Interest-bearing deposits | 7,462,131,000 | 7,161,741,000 | 7,341,581,000 | 7,251,596,000 |
| Noninterest-bearing deposits | 2,246,407,000 | 2,372,477,000 | 2,261,388,000 | 2,423,514,000 |
| Equity capital | 1,265,937,000 | 1,290,358,000 | 1,310,604,000 | 1,314,229,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 183,169,000 | 364,100,000 | 541,495,000 | 712,620,000 |
| Interest expense | 71,225,000 | 136,045,000 | 195,294,000 | 251,726,000 |
| Net interest income | 111,944,000 | 228,055,000 | 346,201,000 | 460,894,000 |
| Noninterest income | 19,412,000 | 44,910,000 | 65,354,000 | 85,188,000 |
| Noninterest expense | 76,170,000 | 153,145,000 | 226,463,000 | 302,781,000 |
| Provision for loan losses | 9,910,000 | 22,981,000 | 35,653,000 | 47,821,000 |
| Pretax income | 43,068,000 | 92,485,000 | 144,336,000 | 197,568,000 |
| Income tax | 12,890,000 | 28,245,000 | 44,619,000 | 62,025,000 |
| Net income | 30,177,000 | 64,239,000 | 99,716,000 | 135,543,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,004,533,000 | 1,015,100,000 | 1,024,445,000 | 1,027,774,000 |
| Total capital | 1,202,011,000 | 1,217,416,000 | 1,229,499,000 | 1,231,429,000 |
| Risk-weighted assets | 10,740,389,000 | 10,939,058,000 | 10,839,946,000 | 10,683,102,000 |