Call reports 2021
VALLEY NATIONAL BANK — 2021
What VALLEY NATIONAL BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 41,157,805,000 | 41,294,181,000 | 41,293,889,000 | 43,424,817,000 |
| Total loans | 32,918,484,000 | 32,616,710,000 | 32,763,897,000 | 34,293,173,000 |
| Allowance for loan losses | 342,880,000 | 339,324,000 | 342,527,000 | 359,202,000 |
| Securities available for sale | 1,116,221,000 | 1,075,538,000 | 1,208,277,000 | 1,128,809,000 |
| Securities held to maturity | 2,391,026,000 | 2,533,812,000 | 2,584,403,000 | 2,668,697,000 |
| Trading assets | 153,956,000 | 268,718,000 | 219,801,000 | 221,542,000 |
| Total deposits | 32,687,957,000 | 33,334,084,000 | 33,733,390,000 | 35,710,172,000 |
| Interest-bearing deposits | 22,532,183,000 | 22,665,828,000 | 22,843,368,000 | 23,956,664,000 |
| Noninterest-bearing deposits | 10,155,774,000 | 10,668,256,000 | 10,890,022,000 | 11,753,508,000 |
| Equity capital | 5,074,814,000 | 5,364,851,000 | 5,487,301,000 | 5,757,995,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 331,798,000 | 665,446,000 | 994,247,000 | 1,334,213,000 |
| Interest expense | 34,021,000 | 61,548,000 | 82,602,000 | 100,625,000 |
| Net interest income | 297,777,000 | 603,898,000 | 911,645,000 | 1,233,588,000 |
| Noninterest income | 31,487,000 | 75,127,000 | 115,561,000 | 152,681,000 |
| Noninterest expense | 159,946,000 | 334,422,000 | 507,567,000 | 691,917,000 |
| Provision for loan losses | 8,692,000 | 14,502,000 | 17,998,000 | 27,507,000 |
| Pretax income | 160,866,000 | 330,258,000 | 502,552,000 | 667,653,000 |
| Income tax | 42,565,000 | 88,152,000 | 134,351,000 | 176,348,000 |
| Net income | 118,323,000 | 242,120,000 | 368,241,000 | 491,345,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,699,612,000 | 3,993,176,000 | 4,119,028,000 | 4,308,734,000 |
| Total capital | 3,937,010,000 | 4,237,436,000 | 4,368,271,000 | 4,571,448,000 |
| Risk-weighted assets | 30,453,906,000 | 31,428,079,000 | 32,239,942,000 | 33,977,318,000 |