Call reports 2017
VALLEY NATIONAL BANK — 2017
What VALLEY NATIONAL BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 23,180,018,000 | 23,413,583,000 | 23,735,689,000 | 23,965,254,000 |
| Total loans | 17,564,565,000 | 17,850,336,000 | 18,214,783,000 | 18,346,699,000 |
| Allowance for loan losses | 115,443,000 | 116,446,000 | 118,966,000 | 120,856,000 |
| Securities available for sale | 1,454,136,000 | 1,463,889,000 | 1,447,533,000 | 1,493,652,000 |
| Securities held to maturity | 1,902,329,000 | 1,822,263,000 | 1,823,622,000 | 1,842,691,000 |
| Trading assets | 25,130,000 | 26,420,000 | 26,393,000 | 26,084,000 |
| Total deposits | 17,387,360,000 | 17,303,067,000 | 17,378,554,000 | 18,244,269,000 |
| Interest-bearing deposits | 12,117,690,000 | 12,052,021,000 | 12,213,390,000 | 12,928,534,000 |
| Noninterest-bearing deposits | 5,269,670,000 | 5,251,046,000 | 5,165,164,000 | 5,315,735,000 |
| Equity capital | 2,519,134,000 | 2,541,987,000 | 2,647,265,000 | 2,637,337,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 199,116,000 | 410,263,000 | 621,913,000 | 842,419,000 |
| Interest expense | 34,686,000 | 74,968,000 | 119,983,000 | 166,844,000 |
| Net interest income | 164,430,000 | 335,295,000 | 501,930,000 | 675,575,000 |
| Noninterest income | 25,022,000 | 50,223,000 | 76,730,000 | 104,747,000 |
| Noninterest expense | 118,405,000 | 233,074,000 | 361,269,000 | 484,096,000 |
| Provision for loan losses | 2,402,000 | 6,112,000 | 7,413,000 | 8,531,000 |
| Pretax income | 68,622,000 | 146,331,000 | 209,983,000 | 287,675,000 |
| Income tax | 23,126,000 | 50,393,000 | 72,296,000 | 121,011,000 |
| Net income | 45,496,000 | 95,938,000 | 137,687,000 | 166,664,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,830,170,000 | 1,857,730,000 | 1,964,544,000 | 1,961,316,000 |
| Total capital | 2,047,974,000 | 2,076,401,000 | 2,186,146,000 | 2,185,967,000 |
| Risk-weighted assets | 17,533,998,000 | 17,746,496,000 | 17,826,352,000 | 17,871,220,000 |