Call reports 2016
VALLEY NATIONAL BANK — 2016
What VALLEY NATIONAL BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 21,680,154,000 | 21,764,341,000 | 22,312,256,000 | 22,827,478,000 |
| Total loans | 16,151,333,000 | 16,503,720,000 | 16,836,504,000 | 17,293,811,000 |
| Allowance for loan losses | 105,415,000 | 108,088,000 | 110,697,000 | 114,419,000 |
| Securities available for sale | 1,452,408,000 | 1,186,221,000 | 1,276,620,000 | 1,297,134,000 |
| Securities held to maturity | 1,618,466,000 | 1,765,220,000 | 1,845,151,000 | 1,925,572,000 |
| Trading assets | 36,464,000 | 45,464,000 | 45,615,000 | 25,592,000 |
| Total deposits | 16,443,073,000 | 16,389,860,000 | 17,019,170,000 | 17,799,635,000 |
| Interest-bearing deposits | 11,354,948,000 | 11,307,943,000 | 11,879,443,000 | 12,477,883,000 |
| Noninterest-bearing deposits | 5,088,125,000 | 5,081,917,000 | 5,139,727,000 | 5,321,752,000 |
| Equity capital | 2,338,450,000 | 2,348,456,000 | 2,370,528,000 | 2,490,619,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 185,593,000 | 374,622,000 | 565,824,000 | 766,919,000 |
| Interest expense | 35,822,000 | 71,762,000 | 107,019,000 | 141,804,000 |
| Net interest income | 149,771,000 | 302,860,000 | 458,805,000 | 625,115,000 |
| Noninterest income | 21,417,000 | 45,223,000 | 70,355,000 | 102,649,000 |
| Noninterest expense | 114,577,000 | 229,909,000 | 339,986,000 | 454,268,000 |
| Provision for loan losses | 729,000 | 2,092,000 | 8,041,000 | 11,873,000 |
| Pretax income | 55,913,000 | 116,111,000 | 181,152,000 | 262,161,000 |
| Income tax | 18,011,000 | 37,854,000 | 59,481,000 | 88,583,000 |
| Net income | 37,902,000 | 78,257,000 | 121,671,000 | 173,578,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,646,283,000 | 1,660,727,000 | 1,677,204,000 | 1,807,201,000 |
| Total capital | 1,853,958,000 | 1,871,141,000 | 1,890,118,000 | 2,023,857,000 |
| Risk-weighted assets | 16,147,412,000 | 16,457,529,000 | 16,697,319,000 | 17,121,932,000 |