Call reports 2014
VALLEY NATIONAL BANK — 2014
What VALLEY NATIONAL BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 16,326,624,000 | 16,322,206,000 | 16,711,686,000 | 18,782,324,000 |
| Total loans | 11,726,980,000 | 11,829,496,000 | 12,176,078,000 | 13,498,207,000 |
| Allowance for loan losses | 106,709,000 | 103,053,000 | 102,438,000 | 102,353,000 |
| Securities available for sale | 796,173,000 | 782,175,000 | 757,431,000 | 886,137,000 |
| Securities held to maturity | 1,813,096,000 | 1,826,143,000 | 1,813,312,000 | 1,778,316,000 |
| Trading assets | 14,255,000 | 14,221,000 | 14,186,000 | 14,233,000 |
| Total deposits | 11,295,856,000 | 11,456,442,000 | 11,908,388,000 | 14,112,279,000 |
| Interest-bearing deposits | 7,562,803,000 | 7,834,617,000 | 8,264,867,000 | 9,798,601,000 |
| Noninterest-bearing deposits | 3,733,053,000 | 3,621,825,000 | 3,643,521,000 | 4,313,678,000 |
| Equity capital | 1,700,460,000 | 1,708,443,000 | 1,709,700,000 | 1,967,373,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 153,038,000 | 310,195,000 | 465,651,000 | 636,590,000 |
| Interest expense | 37,531,000 | 75,779,000 | 115,057,000 | 155,841,000 |
| Net interest income | 115,507,000 | 234,416,000 | 350,594,000 | 480,749,000 |
| Noninterest income | 19,494,000 | 31,882,000 | 45,937,000 | 71,430,000 |
| Noninterest expense | 93,258,000 | 186,159,000 | 275,420,000 | 391,509,000 |
| Provision for loan losses | 4,949,000 | -722,000 | -722,000 | 3,445,000 |
| Pretax income | 36,785,000 | 80,861,000 | 121,935,000 | 157,970,000 |
| Income tax | 1,572,000 | 14,933,000 | 26,667,000 | 34,307,000 |
| Net income | 35,213,000 | 65,928,000 | 95,268,000 | 123,663,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,257,312,000 | 1,261,429,000 | 1,263,572,000 | 1,376,897,000 |
| Total capital | 1,386,565,000 | 1,387,122,000 | 1,368,265,000 | 1,481,184,000 |
| Risk-weighted assets | 11,900,024,000 | 11,949,231,000 | 12,343,383,000 | 13,543,948,000 |