Call reports 2013
VALLEY NATIONAL BANK — 2013
What VALLEY NATIONAL BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 16,014,842,000 | 15,964,199,000 | 15,963,980,000 | 16,149,903,000 |
| Total loans | 10,946,551,000 | 10,931,926,000 | 11,406,792,000 | 11,578,100,000 |
| Allowance for loan losses | 121,843,000 | 117,444,000 | 112,585,000 | 113,618,000 |
| Securities available for sale | 954,728,000 | 958,206,000 | 910,447,000 | 829,319,000 |
| Securities held to maturity | 1,565,607,000 | 1,766,947,000 | 1,703,779,000 | 1,731,737,000 |
| Trading assets | 22,126,000 | 14,170,000 | 14,270,000 | 14,264,000 |
| Total deposits | 11,349,520,000 | 11,289,215,000 | 11,279,442,000 | 11,352,854,000 |
| Interest-bearing deposits | 7,766,823,000 | 7,736,887,000 | 7,539,023,000 | 7,601,991,000 |
| Noninterest-bearing deposits | 3,582,697,000 | 3,552,328,000 | 3,740,419,000 | 3,750,863,000 |
| Equity capital | 1,663,991,000 | 1,676,978,000 | 1,670,460,000 | 1,680,730,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 153,032,000 | 305,403,000 | 459,182,000 | 616,096,000 |
| Interest expense | 39,612,000 | 78,705,000 | 117,584,000 | 156,167,000 |
| Net interest income | 113,420,000 | 226,698,000 | 341,598,000 | 459,929,000 |
| Noninterest income | 29,306,000 | 62,387,000 | 82,664,000 | 112,872,000 |
| Noninterest expense | 94,848,000 | 188,817,000 | 283,519,000 | 378,966,000 |
| Provision for loan losses | 1,544,000 | 4,180,000 | 8,460,000 | 14,895,000 |
| Pretax income | 50,279,000 | 100,073,000 | 136,277,000 | 193,604,000 |
| Income tax | 16,118,000 | 30,946,000 | 39,765,000 | 52,110,000 |
| Net income | 34,161,000 | 69,127,000 | 96,512,000 | 141,494,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,222,242,000 | 1,230,237,000 | 1,223,500,000 | 1,239,510,000 |
| Total capital | 1,386,606,000 | 1,390,117,000 | 1,359,575,000 | 1,376,695,000 |
| Risk-weighted assets | 11,267,497,000 | 11,424,576,000 | 11,664,365,000 | 11,818,703,000 |