Call reports 2015
VALLEY NATIONAL BANK — 2015
What VALLEY NATIONAL BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 18,963,743,000 | 19,275,347,000 | 19,555,724,000 | 21,559,176,000 |
| Total loans | 13,738,109,000 | 14,484,827,000 | 15,034,998,000 | 16,059,489,000 |
| Allowance for loan losses | 102,631,000 | 102,835,000 | 104,551,000 | 106,178,000 |
| Securities available for sale | 842,633,000 | 806,760,000 | 796,558,000 | 1,506,055,000 |
| Securities held to maturity | 1,825,819,000 | 1,720,575,000 | 1,637,310,000 | 1,596,385,000 |
| Trading assets | 19,195,000 | 17,063,000 | 23,768,000 | 25,172,000 |
| Total deposits | 14,295,399,000 | 14,416,472,000 | 14,592,376,000 | 16,316,881,000 |
| Interest-bearing deposits | 9,887,478,000 | 9,941,546,000 | 10,134,445,000 | 11,684,069,000 |
| Noninterest-bearing deposits | 4,407,921,000 | 4,474,926,000 | 4,457,931,000 | 4,632,812,000 |
| Equity capital | 1,966,641,000 | 2,080,432,000 | 2,083,408,000 | 2,297,421,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 170,982,000 | 346,784,000 | 521,498,000 | 707,089,000 |
| Interest expense | 37,412,000 | 75,374,000 | 114,549,000 | 150,580,000 |
| Net interest income | 133,570,000 | 271,410,000 | 406,949,000 | 556,509,000 |
| Noninterest income | 16,994,000 | 37,340,000 | 57,182,000 | 81,124,000 |
| Noninterest expense | 108,156,000 | 214,832,000 | 321,656,000 | 487,374,000 |
| Provision for loan losses | 0 | 4,382,000 | 4,382,000 | 7,846,000 |
| Pretax income | 44,825,000 | 91,860,000 | 140,574,000 | 144,900,000 |
| Income tax | 13,337,000 | 27,977,000 | 42,892,000 | 45,878,000 |
| Net income | 31,488,000 | 63,883,000 | 97,682,000 | 99,022,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,393,899,000 | 1,513,415,000 | 1,520,836,000 | 1,618,054,000 |
| Total capital | 1,498,464,000 | 1,718,302,000 | 1,727,533,000 | 1,826,421,000 |
| Risk-weighted assets | 13,821,244,000 | 14,283,700,000 | 14,601,399,000 | 15,836,773,000 |