Call reports 2011
VALLEY NATIONAL BANK — 2011
What VALLEY NATIONAL BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 14,341,546,000 | 14,449,324,000 | 14,211,428,000 | 14,186,679,000 |
| Total loans | 9,560,778,000 | 9,619,408,000 | 9,634,437,000 | 9,787,819,000 |
| Allowance for loan losses | 139,848,000 | 138,626,000 | 135,363,000 | 133,802,000 |
| Securities available for sale | 1,091,693,000 | 861,279,000 | 768,284,000 | 564,582,000 |
| Securities held to maturity | 1,881,589,000 | 2,002,650,000 | 2,084,445,000 | 1,958,916,000 |
| Trading assets | 32,387,000 | 22,100,000 | 21,446,000 | 21,939,000 |
| Total deposits | 9,802,503,000 | 9,783,629,000 | 9,697,693,000 | 9,715,695,000 |
| Interest-bearing deposits | 7,229,803,000 | 7,186,791,000 | 7,049,211,000 | 6,891,505,000 |
| Noninterest-bearing deposits | 2,572,700,000 | 2,596,838,000 | 2,648,482,000 | 2,824,190,000 |
| Equity capital | 1,416,904,000 | 1,420,872,000 | 1,415,532,000 | 1,379,471,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 167,805,000 | 335,584,000 | 507,203,000 | 673,664,000 |
| Interest expense | 47,680,000 | 94,538,000 | 140,876,000 | 185,838,000 |
| Net interest income | 120,125,000 | 241,046,000 | 366,327,000 | 487,826,000 |
| Noninterest income | 39,924,000 | 57,990,000 | 77,293,000 | 99,229,000 |
| Noninterest expense | 83,251,000 | 165,946,000 | 250,739,000 | 334,397,000 |
| Provision for loan losses | 24,087,000 | 29,721,000 | 37,432,000 | 52,752,000 |
| Pretax income | 54,565,000 | 121,715,000 | 174,658,000 | 212,006,000 |
| Income tax | 17,647,000 | 49,159,000 | 63,966,000 | 68,734,000 |
| Net income | 36,918,000 | 72,556,000 | 110,692,000 | 143,272,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,094,178,000 | 1,105,799,000 | 1,065,012,000 | 1,067,602,000 |
| Total capital | 1,305,913,000 | 1,318,764,000 | 1,255,051,000 | 1,255,714,000 |
| Risk-weighted assets | 10,483,304,000 | 10,517,696,000 | 10,395,500,000 | 10,240,923,000 |