Call reports 2018
VALLEY NATIONAL BANK — 2018
What VALLEY NATIONAL BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 29,421,247,000 | 30,138,784,000 | 30,828,697,000 | 31,829,272,000 |
| Total loans | 22,561,216,000 | 23,267,386,000 | 24,142,965,000 | 25,070,624,000 |
| Allowance for loan losses | 132,862,000 | 138,762,000 | 144,963,000 | 151,859,000 |
| Securities available for sale | 1,843,514,000 | 1,833,467,000 | 1,749,001,000 | 1,749,544,000 |
| Securities held to maturity | 2,048,583,000 | 2,030,194,000 | 2,072,363,000 | 2,068,246,000 |
| Trading assets | 24,925,000 | 29,356,000 | 29,287,000 | 48,487,000 |
| Total deposits | 22,058,194,000 | 21,739,013,000 | 22,683,204,000 | 24,562,815,000 |
| Interest-bearing deposits | 15,835,590,000 | 15,423,352,000 | 16,453,271,000 | 18,277,481,000 |
| Noninterest-bearing deposits | 6,222,604,000 | 6,315,661,000 | 6,229,933,000 | 6,285,334,000 |
| Equity capital | 3,409,069,000 | 3,437,954,000 | 3,459,012,000 | 3,508,009,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 267,495,000 | 547,613,000 | 844,654,000 | 1,159,248,000 |
| Interest expense | 57,217,000 | 123,825,000 | 201,275,000 | 291,019,000 |
| Net interest income | 210,278,000 | 423,788,000 | 643,379,000 | 868,229,000 |
| Noninterest income | 33,153,000 | 71,333,000 | 100,252,000 | 136,783,000 |
| Noninterest expense | 171,255,000 | 318,369,000 | 466,475,000 | 613,488,000 |
| Provision for loan losses | 10,702,000 | 17,294,000 | 23,726,000 | 31,661,000 |
| Pretax income | 60,705,000 | 158,654,000 | 252,547,000 | 357,517,000 |
| Income tax | 16,490,000 | 40,482,000 | 65,471,000 | 88,812,000 |
| Net income | 44,215,000 | 118,172,000 | 187,076,000 | 268,705,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,333,497,000 | 2,370,583,000 | 2,395,821,000 | 2,442,359,000 |
| Total capital | 2,570,201,000 | 2,613,737,000 | 2,645,296,000 | 2,698,654,000 |
| Risk-weighted assets | 22,280,852,000 | 22,892,020,000 | 23,646,509,000 | 24,547,430,000 |