Call reports 2019
VALLEY NATIONAL BANK — 2019
What VALLEY NATIONAL BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 32,455,443,000 | 32,999,351,000 | 33,736,611,000 | 37,441,578,000 |
| Total loans | 25,455,021,000 | 25,838,803,000 | 26,608,780,000 | 29,775,321,000 |
| Allowance for loan losses | 154,381,000 | 155,105,000 | 161,853,000 | 161,759,000 |
| Securities available for sale | 1,723,106,000 | 1,679,350,000 | 1,628,062,000 | 1,566,801,000 |
| Securities held to maturity | 2,074,399,000 | 2,168,236,000 | 2,093,757,000 | 2,336,095,000 |
| Trading assets | 78,207,000 | 139,329,000 | 215,094,000 | 157,753,000 |
| Total deposits | 25,017,206,000 | 24,871,435,000 | 25,639,497,000 | 29,305,050,000 |
| Interest-bearing deposits | 18,555,361,000 | 18,446,140,000 | 19,166,851,000 | 22,475,429,000 |
| Noninterest-bearing deposits | 6,461,845,000 | 6,425,295,000 | 6,472,646,000 | 6,829,621,000 |
| Equity capital | 3,616,550,000 | 3,675,262,000 | 3,729,696,000 | 4,569,751,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 320,224,000 | 647,966,000 | 977,227,000 | 1,321,000,000 |
| Interest expense | 98,759,000 | 203,460,000 | 309,324,000 | 411,834,000 |
| Net interest income | 221,465,000 | 444,506,000 | 667,903,000 | 909,166,000 |
| Noninterest income | 108,655,000 | 140,114,000 | 181,024,000 | 219,247,000 |
| Noninterest expense | 144,352,000 | 282,977,000 | 425,229,000 | 619,334,000 |
| Provision for loan losses | 7,856,000 | 11,562,000 | 20,319,000 | 25,809,000 |
| Pretax income | 177,880,000 | 287,132,000 | 400,337,000 | 480,192,000 |
| Income tax | 48,454,000 | 77,095,000 | 104,504,000 | 122,478,000 |
| Net income | 129,426,000 | 210,037,000 | 295,833,000 | 357,714,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,537,563,000 | 2,580,986,000 | 2,630,246,000 | 3,152,070,000 |
| Total capital | 2,796,524,000 | 2,839,065,000 | 2,895,016,000 | 3,416,674,000 |
| Risk-weighted assets | 25,232,117,000 | 25,558,063,000 | 26,438,765,000 | 29,237,090,000 |