2014 Q1 Form 10-Q Financial Statement

#000071431014000012 Filed on May 07, 2014

View on sec.gov

Income Statement

Concept 2014 Q1 2013 Q1
Revenue $153.0M $153.0M
YoY Change 0.0% -12.12%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $7.400M $6.500M
YoY Change 13.85% 0.0%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $39.01M $43.00M
YoY Change -9.26% -7.88%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $34.67M $44.12M
YoY Change -21.44% -11.41%
Income Tax $830.0K $12.81M
% Of Pretax Income 2.39% 29.04%
Net Earnings $33.84M $31.31M
YoY Change 8.06% -9.33%
Net Earnings / Revenue 22.11% 20.46%
Basic Earnings Per Share $0.17 $0.16
Diluted Earnings Per Share $0.17 $0.16
COMMON SHARES
Basic Shares Outstanding 200.1M shares 198.9M shares
Diluted Shares Outstanding 200.1M shares 198.9M shares

Balance Sheet

Concept 2014 Q1 2013 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.004B $3.513B
YoY Change -14.5%
Cash & Equivalents $379.6M $970.0M
Short-Term Investments $2.624B $2.543B
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $270.7M $276.7M
YoY Change -2.17% 1.34%
Goodwill $428.2M $428.2M
YoY Change 0.0% 1.86%
Intangibles $34.19M $34.97M
YoY Change -2.25%
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $16.34B $16.03B
YoY Change 1.97% 0.49%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $138.0M $181.0M
YoY Change -23.76% 9.04%
Deferred Revenue
YoY Change
Short-Term Debt $537.1M $147.3M
YoY Change 264.74% -64.17%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $138.0M $181.0M
YoY Change -23.76% 9.04%
LONG-TERM LIABILITIES
Long-Term Debt $2.836B $2.887B
YoY Change -1.77% -1.03%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $2.836B $2.887B
YoY Change -1.77% -1.03%
TOTAL LIABILITIES
Total Short-Term Liabilities $138.0M $181.0M
Total Long-Term Liabilities $2.836B $2.887B
Total Liabilities $14.78B $14.52B
YoY Change 1.82% 0.44%
SHAREHOLDERS EQUITY
Retained Earnings $118.1M $92.45M
YoY Change 27.75% 0.31%
Common Stock $1.476B $1.464B
YoY Change 0.81% 0.91%
Preferred Stock
YoY Change
Treasury Stock (at cost) $111.0K $506.0K
YoY Change -78.06% 772.41%
Treasury Stock Shares 11.27K shares 50.52K shares
Shareholders Equity $1.560B $1.508B
YoY Change
Total Liabilities & Shareholders Equity $16.34B $16.03B
YoY Change 1.97% 0.49%

Cashflow Statement

Concept 2014 Q1 2013 Q1
OPERATING ACTIVITIES
Net Income $33.84M $31.31M
YoY Change 8.06% -9.33%
Depreciation, Depletion And Amortization $7.400M $6.500M
YoY Change 13.85% 0.0%
Cash From Operating Activities $35.20M $40.34M
YoY Change -12.73% -71.47%
INVESTING ACTIVITIES
Capital Expenditures $5.673M $3.419M
YoY Change 65.93% -10.19%
Acquisitions
YoY Change
Other Investing Activities -$201.8M $80.20M
YoY Change -351.62% -260.4%
Cash From Investing Activities -$207.5M $76.75M
YoY Change -370.32% -242.7%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $286.0K $1.483M
YoY Change -80.71% -19.23%
Debt Paid & Issued, Net $0.00 $1.000M
YoY Change -100.0% -96.67%
Cash From Financing Activities $182.7M -$154.0K
YoY Change -118740.91% -100.45%
NET CHANGE
Cash From Operating Activities $35.20M $40.34M
Cash From Investing Activities -$207.5M $76.75M
Cash From Financing Activities $182.7M -$154.0K
Net Change In Cash $10.43M $116.9M
YoY Change -91.08% -3.98%
FREE CASH FLOW
Cash From Operating Activities $35.20M $40.34M
Capital Expenditures $5.673M $3.419M
Free Cash Flow $29.53M $36.92M
YoY Change -20.02% -73.17%

Facts In Submission

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GainOnSaleOfInvestments
0 USD
CY2014Q1 us-gaap Gains Losses On Sales Of Assets
GainsLossesOnSalesOfAssets
-148000 USD
CY2013Q1 us-gaap Gains Losses On Sales Of Assets
GainsLossesOnSalesOfAssets
-268000 USD
CY2014Q1 us-gaap Goodwill
Goodwill
428234000 USD
CY2013Q4 us-gaap Goodwill
Goodwill
428234000 USD
CY2014Q1 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2013Q1 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2014Q1 us-gaap Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
217800000 USD
CY2014Q1 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
1813096000 USD
CY2013Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
1731737000 USD
CY2013Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue
768458000 USD
CY2014Q1 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue
721979000 USD
CY2014Q1 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
635288000 USD
CY2013Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
710652000 USD
CY2013Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
57806000 USD
CY2014Q1 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
86691000 USD
CY2014Q1 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
337343000 USD
CY2014Q1 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount
324602000 USD
CY2014Q1 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
52243000 USD
CY2014Q1 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount
47620000 USD
CY2014Q1 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsFairValue
357739000 USD
CY2014Q1 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount
366892000 USD
CY2014Q1 us-gaap Held To Maturity Securities Debt Maturities Within One Year Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue
102674000 USD
CY2014Q1 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
102621000 USD
CY2014Q1 us-gaap Held To Maturity Securities Debt Maturities Without Single Maturity Date Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue
966050000 USD
CY2014Q1 us-gaap Held To Maturity Securities Debt Maturities Without Single Maturity Date Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount
971361000 USD
CY2014Q1 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
1816049000 USD
CY2013Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
1711427000 USD
CY2013Q4 us-gaap Held To Maturity Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions
HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions
133 Security
CY2014Q1 us-gaap Held To Maturity Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions
HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions
108 Security
CY2014Q1 us-gaap Held To Maturity Securities Pledged As Collateral
HeldToMaturitySecuritiesPledgedAsCollateral
904300000 USD
CY2013Q1 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
217307000 USD
CY2014Q1 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
192549000 USD
CY2013Q1 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
1391000 USD
CY2014Q1 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
1431000 USD
CY2013Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
191348000 USD
CY2014Q1 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
166988000 USD
CY2014Q1 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
17082000 USD
CY2013Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
23525000 USD
CY2014Q1 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
186023000 USD
CY2013Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
225471000 USD
CY2013Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
73541000 USD
CY2014Q1 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
69411000 USD
CY2013Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
117807000 USD
CY2014Q1 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
97577000 USD
CY2013Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
44124000 USD
CY2014Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
34665000 USD
CY2013Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
12814000 USD
CY2014Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
830000 USD
CY2014Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
11368000 USD
CY2013Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
25000 USD
CY2014Q1 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
322000 USD
CY2013Q1 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
1799000 USD
CY2014Q1 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
-51277000 USD
CY2013Q1 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
38573000 USD
CY2013Q1 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
-22415000 USD
CY2014Q1 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
-37242000 USD
CY2013Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-31769000 USD
CY2014Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-15010000 USD
CY2013Q1 us-gaap Increase Decrease In Trading Securities
IncreaseDecreaseInTradingSecurities
-30000 USD
CY2014Q1 us-gaap Increase Decrease In Trading Securities
IncreaseDecreaseInTradingSecurities
-9000 USD
CY2013Q1 us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
3990000 USD
CY2014Q1 us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
4498000 USD
CY2014Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
34186000 USD
CY2013Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
36130000 USD
CY2014Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
153038000 USD
CY2013Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
153033000 USD
CY2013Q1 us-gaap Interest And Dividend Income Securities Trading Or Measured At Fair Value
InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue
442000 USD
CY2014Q1 us-gaap Interest And Dividend Income Securities Trading Or Measured At Fair Value
InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue
290000 USD
CY2014Q1 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
131079000 USD
CY2013Q1 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
132999000 USD
CY2013Q4 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
134915000 USD
CY2014Q1 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
83045000 USD
CY2014Q1 us-gaap Interest Expense
InterestExpense
39014000 USD
CY2013Q1 us-gaap Interest Expense
InterestExpense
42997000 USD
CY2014Q1 us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
27883000 USD
CY2013Q1 us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
30040000 USD
CY2014Q1 us-gaap Interest Expense Now Accounts Money Market Accounts And Savings Deposits
InterestExpenseNOWAccountsMoneyMarketAccountsAndSavingsDeposits
4281000 USD
CY2013Q1 us-gaap Interest Expense Now Accounts Money Market Accounts And Savings Deposits
InterestExpenseNOWAccountsMoneyMarketAccountsAndSavingsDeposits
4702000 USD
CY2013Q1 us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
144000 USD
CY2014Q1 us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
318000 USD
CY2013Q1 us-gaap Interest Expense Time Deposits
InterestExpenseTimeDeposits
8111000 USD
CY2014Q1 us-gaap Interest Expense Time Deposits
InterestExpenseTimeDeposits
6532000 USD
CY2013Q1 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
108267000 USD
CY2014Q1 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
110026000 USD
CY2013Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
110036000 USD
CY2014Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
114024000 USD
CY2014Q1 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
3686000 USD
CY2013Q1 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
3649000 USD
CY2013Q1 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
14489000 USD
CY2014Q1 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
16456000 USD
CY2014Q1 us-gaap Interest Paid
InterestPaid
42133000 USD
CY2013Q1 us-gaap Interest Paid
InterestPaid
43346000 USD
CY2013Q4 us-gaap Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust
JuniorSubordinatedDebentureOwedToUnconsolidatedSubsidiaryTrust
41089000 USD
CY2014Q1 us-gaap Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust
JuniorSubordinatedDebentureOwedToUnconsolidatedSubsidiaryTrust
41130000 USD
CY2013Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
50572000 USD
CY2014Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
48088000 USD
CY2013Q4 us-gaap Liabilities
Liabilities
14615501000 USD
CY2014Q1 us-gaap Liabilities
Liabilities
14784575000 USD
CY2014Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
16344464000 USD
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
16156541000 USD
CY2013Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
11567612000 USD
CY2014Q1 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
11694594000 USD
CY2014Q1 us-gaap Loans And Leases Receivable Gross Carrying Amount Covered
LoansAndLeasesReceivableGrossCarryingAmountCovered
80930000 USD
CY2013Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount Covered
LoansAndLeasesReceivableGrossCarryingAmountCovered
96165000 USD
CY2014Q1 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
11613664000 USD
CY2013Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
11471447000 USD
CY2013Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
11453995000 USD
CY2014Q1 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
11587885000 USD
CY2014Q1 us-gaap Loans And Leases Receivable Net Reported Amount Covered
LoansAndLeasesReceivableNetReportedAmountCovered
80930000 USD
CY2013Q4 us-gaap Loans And Leases Receivable Net Reported Amount Covered
LoansAndLeasesReceivableNetReportedAmountCovered
96165000 USD
CY2014Q1 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
5057000 USD
CY2013Q4 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
10488000 USD
CY2014Q1 us-gaap Loans Receivable Held For Sale Reconciliation To Cash Flow Additions To Held For Sale
LoansReceivableHeldForSaleReconciliationToCashFlowAdditionsToHeldForSale
35600000 USD
CY2013Q4 us-gaap Long Term Debt
LongTermDebt
2792306000 USD
CY2014Q1 us-gaap Long Term Debt
LongTermDebt
2795239000 USD
CY2013Q4 us-gaap Marketable Securities
MarketableSecurities
2575693000 USD
CY2014Q1 us-gaap Marketable Securities
MarketableSecurities
2623934000 USD
CY2014Q1 us-gaap Mortgage Servicing Rights Msr Impairment Recovery
MortgageServicingRightsMSRImpairmentRecovery
100000 USD
CY2014Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
182707000 USD
CY2013Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-154000 USD
CY2013Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
76752000 USD
CY2014Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-207475000 USD
CY2014Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
35202000 USD
CY2013Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
40338000 USD
CY2013Q1 us-gaap Net Income Loss
NetIncomeLoss
31310000 USD
CY2014Q1 us-gaap Net Income Loss
NetIncomeLoss
33835000 USD
CY2014Q1 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
3705182000 USD
CY2013Q4 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
3717271000 USD
CY2013Q1 us-gaap Noninterest Expense
NoninterestExpense
95439000 USD
CY2014Q1 us-gaap Noninterest Expense
NoninterestExpense
94883000 USD
CY2014Q1 us-gaap Noninterest Income
NoninterestIncome
19522000 USD
CY2013Q1 us-gaap Noninterest Income
NoninterestIncome
31296000 USD
CY2013Q1 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
3408000 USD
CY2014Q1 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
3081000 USD
CY2013Q1 us-gaap Occupancy Net
OccupancyNet
18889000 USD
CY2014Q1 us-gaap Occupancy Net
OccupancyNet
20724000 USD
CY2013Q4 us-gaap Other Assets
OtherAssets
576919000 USD
CY2014Q1 us-gaap Other Assets
OtherAssets
551455000 USD
CY2014Q1 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesBeforeTaxPortionAttributableToParent
-6298000 USD
CY2013Q1 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesBeforeTaxPortionAttributableToParent
-133000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
118000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
0 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
7221000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-2986000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
1014000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-2697000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
3283000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
4588000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-37000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-578000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
-5000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
2299000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Writedown Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesNetOfTax
-66000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Writedown Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesNetOfTax
-115000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-1091000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-965000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-37000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-460000 USD
CY2013Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-77000 USD
CY2014Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-3662000 USD
CY2014Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
7216000 USD
CY2013Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-687000 USD
CY2014Q1 us-gaap Other Noninterest Expense
OtherNoninterestExpense
16138000 USD
CY2013Q1 us-gaap Other Noninterest Expense
OtherNoninterestExpense
15328000 USD
CY2013Q4 us-gaap Other Real Estate Covered
OtherRealEstateCovered
7600000 USD
CY2014Q1 us-gaap Other Real Estate Covered
OtherRealEstateCovered
8400000 USD
CY2013Q4 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
9990000 USD
CY2012Q4 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
33290000 USD
CY2013Q1 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
33177000 USD
CY2014Q1 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
9792000 USD
CY2014Q1 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Period Increase Decrease
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsPeriodIncreaseDecrease
27000 USD
CY2013Q1 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Period Increase Decrease
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsPeriodIncreaseDecrease
4677000 USD
CY2013Q1 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Cash Flows
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows
113000 USD
CY2014Q1 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Cash Flows
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows
198000 USD
CY2013Q1 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
453643000 USD
CY2014Q1 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
26984000 USD
CY2014Q1 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
150592000 USD
CY2013Q1 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
-204703000 USD
CY2013Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
32147000 USD
CY2014Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
21957000 USD
CY2013Q1 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
192809000 USD
CY2014Q1 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
5964000 USD
CY2013Q1 us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
111347000 USD
CY2014Q1 us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
177462000 USD
CY2014Q1 us-gaap Payments To Acquire Loans Held For Investment
PaymentsToAcquireLoansHeldForInvestment
19084000 USD
CY2013Q1 us-gaap Payments To Acquire Loans Held For Investment
PaymentsToAcquireLoansHeldForInvestment
10526000 USD
CY2014Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5673000 USD
CY2013Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3419000 USD
CY2013Q4 us-gaap Preferred Stock No Par Value
PreferredStockNoParValue
CY2014Q1 us-gaap Preferred Stock No Par Value
PreferredStockNoParValue
CY2013Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
30000000 shares
CY2014Q1 us-gaap Preferred Stock Shares Authorized
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CY2014Q1 us-gaap Preferred Stock Shares Issued
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CY2014Q1 us-gaap Preferred Stock Value
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CY2013Q4 us-gaap Preferred Stock Value
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CY2014Q1 us-gaap Principal Amount Outstanding On Loans Held For Sale Or Securitization
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CY2013Q1 us-gaap Proceeds From Issuance Of Common Stock
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CY2014Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
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CY2014Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
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CY2014Q1 us-gaap Proceeds From Sale Of Available For Sale Securities
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CY2013Q1 us-gaap Proceeds From Sale Of Loans Held For Sale
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CY2014Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
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CY2014Q1 us-gaap Repayments Of Long Term Debt
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CY2013Q1 us-gaap Repayments Of Long Term Debt
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CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
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CY2014Q1 us-gaap Retained Earnings Accumulated Deficit
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CY2013 us-gaap Servicing Asset At Amortized Value Valuation Allowance
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CY2014Q1 us-gaap Servicing Asset At Amortized Value Valuation Allowance
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CY2014Q1 us-gaap Share Based Compensation
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CY2013Q1 us-gaap Share Based Compensation
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CY2014Q1 us-gaap Short Term Borrowings
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CY2013Q4 us-gaap Short Term Borrowings
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CY2014Q1 us-gaap Stockholders Equity
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CY2013Q4 us-gaap Stockholders Equity
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CY2013Q4 us-gaap Time Deposits
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CY2014Q1 us-gaap Time Deposits
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CY2013Q1 us-gaap Trading Gains Losses
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CY2013Q4 us-gaap Trading Securities
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CY2014Q1 us-gaap Trading Securities
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CY2013Q1 us-gaap Transfer Of Portfolio Loans And Leases To Held For Sale1
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CY2014Q1 us-gaap Transfer Of Portfolio Loans And Leases To Held For Sale1
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CY2013Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
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TreasuryStockValue
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CY2013Q4 us-gaap Treasury Stock Value
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CY2014Q1 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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CY2013Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2014Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2013Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2014Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2014Q1 vly Accretion Amortization Of Discounts And Premiums Investments And Borrowings
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6715000 USD
CY2013Q1 vly Accretion Amortization Of Discounts And Premiums Investments And Borrowings
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5737000 USD
CY2014Q1 vly Allowance For Covered Loan Losses Net Charge Offs
AllowanceForCoveredLoanLossesNetChargeOffs
1500000 USD
CY2014Q1 vly Allowance For Covered Loans
AllowanceForCoveredLoans
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CY2013Q4 vly Allowance For Covered Loans
AllowanceForCoveredLoans
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CY2014Q1 vly Allowance For Credit Losses
AllowanceForCreditLosses
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CY2013Q4 vly Allowance For Credit Losses
AllowanceForCreditLosses
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CY2013Q4 vly Allowance For Non Covered Loans
AllowanceForNonCoveredLoans
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CY2014Q1 vly Allowance For Non Covered Loans
AllowanceForNonCoveredLoans
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CY2013Q4 vly Allowance For Unfunded Letters Of Credit
AllowanceForUnfundedLettersOfCredit
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CY2014Q1 vly Allowance For Unfunded Letters Of Credit
AllowanceForUnfundedLettersOfCredit
2544000 USD
CY2014Q1 vly Allowancefor Loanand Lease Losses Writeoffsand Transfers
AllowanceforLoanandLeaseLossesWriteoffsandTransfers
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CY2013Q1 vly Amortized Cost
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CY2013Q1 vly Amount Recognized In Non Interest Income Related To Discount Accretion And Post Acquisition Adjustments To Fdic Loss Share Receivable
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3200000 USD
CY2014Q1 vly Amount Recognized In Non Interest Income Related To Discount Accretion And Post Acquisition Adjustments To Fdic Loss Share Receivable
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76000 USD
CY2014Q1 vly Assets Liabilities Net Amount Recognized In Balance Sheet
AssetsLiabilitiesNetAmountRecognizedInBalanceSheet
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CY2013Q4 vly Assets Liabilities Net Amount Recognized In Balance Sheet
AssetsLiabilitiesNetAmountRecognizedInBalanceSheet
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CY2013Q4 vly Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses Accumulated In Investments
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CY2014Q1 vly Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses Accumulated In Investments
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CY2014Q1 vly Available For Sale Securities Continuous Unrealized Loss Position Aggregate Losses Accumulated In Investments
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CY2014Q1 vly Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses Accumulated In Investments
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CY2013Q4 vly Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses Accumulated In Investments
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CY2013Q4 vly Available For Sale Securities Gross Unrealized Gain Accumulated In Investments
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9050000 USD
CY2014Q1 vly Available For Sale Securities Gross Unrealized Gain Accumulated In Investments
AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments
8526000 USD
CY2014Q1 vly Available For Sale Securities Gross Unrealized Loss Accumulated In Investments
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33265000 USD
CY2013Q4 vly Available For Sale Securities Gross Unrealized Loss Accumulated In Investments
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CY2013Q1 vly Change In Fdic Loss Share Receivable
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CY2014Q1 vly Change In Fdic Loss Share Receivable
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CY2014Q1 vly Change In Fdic Loss Share Receivable Excluding Reimbursements
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CY2013Q1 vly Change In Fdic Loss Share Receivable Excluding Reimbursements
ChangeInFdicLossShareReceivableExcludingReimbursements
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CY2014Q1 vly Collateral Dependent Impaired Loans Carrying Value
CollateralDependentImpairedLoansCarryingValue
19100000 USD
CY2014Q1 vly Combined Loan To Value Ratio Home Equity Loans
CombinedLoanToValueRatioHomeEquityLoans
0.75
CY2014Q1 vly Credit Factors Risk Percentage
CreditFactorsRiskPercentage
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CY2014Q1 vly Defined Benefit Plan Effect Of One Percentage Point Decrease On Net Periodic Pension Benefit Expense
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnNetPeriodicPensionBenefitExpense
1400000 USD
CY2013Q4 vly Derivative Assets Liabilities Net Amount Offset In Balance Sheet
DerivativeAssetsLiabilitiesNetAmountOffsetInBalanceSheet
0 USD
CY2014Q1 vly Derivative Assets Liabilities Net Amount Offset In Balance Sheet
DerivativeAssetsLiabilitiesNetAmountOffsetInBalanceSheet
0 USD
CY2014Q1 vly Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross Including Not Subject To Master Netting Arrangement
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGrossIncludingNotSubjectToMasterNettingArrangement
0 USD
CY2013Q4 vly Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross Including Not Subject To Master Netting Arrangement
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGrossIncludingNotSubjectToMasterNettingArrangement
0 USD
CY2014Q1 vly Fair Value Of Plan Assets Increased Percentage
FairValueOfPlanAssetsIncreasedPercentage
0.011
CY2014Q1 vly Fair Value Unobservable Inputs Quantitative Information For Assets Measured On Nonrecurring Basis Loan Servicing Rights Discount Rate
FairValueUnobservableInputsQuantitativeInformationForAssetsMeasuredOnNonrecurringBasisLoanServicingRightsDiscountRate
0.080
CY2013Q4 vly Financing Receivable Recorded Investment Current Non Pci Loans
FinancingReceivableRecordedInvestmentCurrentNonPCILoans
10619364000 USD
CY2014Q1 vly Financing Receivable Recorded Investment Current Non Pci Loans
FinancingReceivableRecordedInvestmentCurrentNonPCILoans
10844074000 USD
CY2013Q1 vly Finite Lived Intangible Asset Net
FiniteLivedIntangibleAssetNet
1600000 USD
CY2014Q1 vly Finite Lived Intangible Asset Net
FiniteLivedIntangibleAssetNet
2400000 USD
CY2014Q1 vly Foreclosed Assets Measured At Fair Value
ForeclosedAssetsMeasuredAtFairValue
19600000 USD
CY2013Q1 vly Gains Losses On Maturities And Other Securities Transactions
GainsLossesOnMaturitiesAndOtherSecuritiesTransactions
578000 USD
CY2014Q1 vly Gains Losses On Maturities And Other Securities Transactions
GainsLossesOnMaturitiesAndOtherSecuritiesTransactions
-8000 USD
CY2014Q1 vly Gross Gains Realized On Maturities And Other Securities Transactions
GrossGainsRealizedOnMaturitiesAndOtherSecuritiesTransactions
1000 USD
CY2013Q1 vly Gross Gains Realized On Maturities And Other Securities Transactions
GrossGainsRealizedOnMaturitiesAndOtherSecuritiesTransactions
608000 USD
CY2013Q1 vly Gross Losses Realized On Maturities And Other Securities Transactions
GrossLossesRealizedOnMaturitiesAndOtherSecuritiesTransactions
30000 USD
CY2014Q1 vly Gross Losses Realized On Maturities And Other Securities Transactions
GrossLossesRealizedOnMaturitiesAndOtherSecuritiesTransactions
9000 USD
CY2013Q4 vly Held To Maturity Securities Accumulated Unrecognized Holding Gain
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CY2014Q1 vly Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
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CY2014Q1 vly Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
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CY2013Q4 vly Held To Maturity Securities Accumulated Unrecognized Holding Loss
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CY2014Q1 vly Held To Maturity Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
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CY2013Q4 vly Held To Maturity Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
12187000 USD
CY2013Q4 vly Held To Maturity Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
39085000 USD
CY2014Q1 vly Held To Maturity Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
24090000 USD
CY2014Q1 vly Impaired Collateral Dependent Loans Charge Offs
ImpairedCollateralDependentLoansChargeOffs
1000000 USD
CY2014Q1 vly Impaired Loans Reported Net Carrying Value
ImpairedLoansReportedNetCarryingValue
16100000 USD
CY2014Q1 vly Impaired Loans Specific Valuation Allowance Allocation
ImpairedLoansSpecificValuationAllowanceAllocation
3000000 USD
CY2013Q1 vly Intangible Assets Impairment Loss Or Recovery Mortgage Servicing Rights
IntangibleAssetsImpairmentLossOrRecoveryMortgageServicingRights
1300000 USD
CY2014Q1 vly Intangible Assets Impairment Loss Or Recovery Mortgage Servicing Rights
IntangibleAssetsImpairmentLossOrRecoveryMortgageServicingRights
100000 USD
CY2013Q1 vly Interest On Federal Funds Sold And Other Short Term Investments
InterestOnFederalFundsSoldAndOtherShortTermInvestments
216000 USD
CY2014Q1 vly Interest On Federal Funds Sold And Other Short Term Investments
InterestOnFederalFundsSoldAndOtherShortTermInvestments
27000 USD
CY2014Q1 vly Liability Related To Standby Letters Of Credit
LiabilityRelatedToStandbyLettersOfCredit
674000 USD
CY2014Q1 vly Loans Held For Sale
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CY2013Q4 vly Loans Held For Sale
LoansHeldForSale
10488000 USD
CY2014Q1 vly Loss Due To Remeasurement Of Repossessed Asset At Fair Value
LossDueToRemeasurementOfRepossessedAssetAtFairValue
1800000 USD
CY2013Q1 vly Net Change In Fair Value Of Borrowings Carried At Fair Value
NetChangeInFairValueOfBorrowingsCarriedAtFairValue
2172000 USD
CY2014Q1 vly Net Change In Fair Value Of Borrowings Carried At Fair Value
NetChangeInFairValueOfBorrowingsCarriedAtFairValue
0 USD
CY2014Q1 vly Net Increase In Expected Cash Flows
NetIncreaseInExpectedCashFlows
0 USD
CY2013Q1 vly Net Increase In Expected Cash Flows
NetIncreaseInExpectedCashFlows
64000 USD
CY2013Q4 vly Non Covered Loans Net Of Unearned Discount And Deferred Loan Fees
NonCoveredLoansNetOfUnearnedDiscountAndDeferredLoanFees
5600000 USD
CY2014Q1 vly Non Covered Loans Net Of Unearned Discount And Deferred Loan Fees
NonCoveredLoansNetOfUnearnedDiscountAndDeferredLoanFees
6100000 USD
CY2013Q4 vly Non Performing Troubled Debt Restructuring Loans
NonPerformingTroubledDebtRestructuringLoans
48400000 USD
CY2014Q1 vly Non Performing Troubled Debt Restructuring Loans
NonPerformingTroubledDebtRestructuringLoans
24100000 USD
CY2014Q1 vly Number Of Days Loans Placed On Non Accrual Status
NumberOfDaysLoansPlacedOnNonAccrualStatus
P90D
CY2013Q1 vly Other Adjustments To Fdic Loss Share Receivable
OtherAdjustmentsToFdicLossShareReceivable
0 USD
CY2014Q1 vly Other Adjustments To Fdic Loss Share Receivable
OtherAdjustmentsToFdicLossShareReceivable
1256000 USD
CY2014Q1 vly Other Comprehensive Income Loss Non Credit Impairment Losses On Securities Net Of Tax
OtherComprehensiveIncomeLossNonCreditImpairmentLossesOnSecuritiesNetOfTax
142000 USD
CY2013Q1 vly Other Comprehensive Income Loss Non Credit Impairment Losses On Securities Net Of Tax
OtherComprehensiveIncomeLossNonCreditImpairmentLossesOnSecuritiesNetOfTax
4743000 USD
CY2013Q1 vly Other Reimbursable Expenses From Fdic
OtherReimbursableExpensesFromFdic
952000 USD
CY2014Q1 vly Other Reimbursable Expenses From Fdic
OtherReimbursableExpensesFromFdic
513000 USD
CY2013Q4 vly Past Due Non Accrual And Current Non Pci Loans
PastDueNonAccrualAndCurrentNonPciLoans
10761344000 USD
CY2014Q1 vly Past Due Non Accrual And Current Non Pci Loans
PastDueNonAccrualAndCurrentNonPciLoans
10951995000 USD
CY2014Q1 vly Percentage Of Increase In Matching Contribution To Align With Retirement Plan Match
PercentageOfIncreaseInMatchingContributionToAlignWithRetirementPlanMatch
0.06
CY2013Q1 vly Professional And Legal Fees
ProfessionalAndLegalFees
3892000 USD
CY2014Q1 vly Professional And Legal Fees
ProfessionalAndLegalFees
3678000 USD
CY2014Q1 vly Provision For Covered Loan Losses
ProvisionForCoveredLoanLosses
0 USD
CY2013Q1 vly Provision For Covered Loan Losses
ProvisionForCoveredLoanLosses
-2166000 USD
CY2014Q1 vly Provision For Loan Losses
ProvisionForLoanLosses
4949000 USD
CY2013Q1 vly Provision For Loan Losses
ProvisionForLoanLosses
1544000 USD
CY2013Q1 vly Provision For Non Covered Loans
ProvisionForNonCoveredLoans
3710000 USD
CY2014Q1 vly Provision For Non Covered Loans
ProvisionForNonCoveredLoans
4949000 USD
CY2013Q1 vly Provision For Unfunded Letters Of Credit
ProvisionForUnfundedLettersOfCredit
225000 USD
CY2014Q1 vly Provision For Unfunded Letters Of Credit
ProvisionForUnfundedLettersOfCredit
-951000 USD
CY2014Q1 vly Sales Of Loans Held For Investment
SalesOfLoansHeldForInvestment
0 USD
CY2013Q1 vly Sales Of Loans Held For Investment
SalesOfLoansHeldForInvestment
0 USD
CY2014Q1 vly Savings Now And Money Market
SavingsNowAndMoneyMarket
5450286000 USD
CY2013Q4 vly Savings Now And Money Market
SavingsNowAndMoneyMarket
5422722000 USD
CY2013Q1 vly Troubled Debt Restructuring Modifications Pre Modification Recorded Investment
TroubledDebtRestructuringModificationsPreModificationRecordedInvestment
11372000 USD
CY2014Q1 vly Troubled Debt Restructuring Modifications Pre Modification Recorded Investment
TroubledDebtRestructuringModificationsPreModificationRecordedInvestment
30535000 USD
CY2014Q1 vly Troubled Debt Restructurings Not Reported As Non Accrual Loans
TroubledDebtRestructuringsNotReportedAsNonAccrualLoans
114700000 USD
CY2013Q1 vly Specific Reserves For Loan Losses
SpecificReservesForLoanLosses
1600000 USD
CY2014Q1 vly Specific Reserves For Loan Losses
SpecificReservesForLoanLosses
2100000 USD
CY2013Q1 vly Transfer Of Loans Held For Investment To Other Real Estate
TransferOfLoansHeldForInvestmentToOtherRealEstate
7223000 USD
CY2014Q1 vly Transfer Of Loans Held For Investment To Other Real Estate
TransferOfLoansHeldForInvestmentToOtherRealEstate
3508000 USD
CY2014Q1 vly Troubled Debt Restructuring Modifications Number Of Contracts
TroubledDebtRestructuringModificationsNumberOfContracts
17 Contract
CY2013Q1 vly Troubled Debt Restructuring Modifications Number Of Contracts
TroubledDebtRestructuringModificationsNumberOfContracts
32 Contract
CY2013Q1 vly Troubled Debt Restructuring Modifications Post Modification Recorded Investment
TroubledDebtRestructuringModificationsPostModificationRecordedInvestment
10009000 USD
CY2014Q1 vly Troubled Debt Restructuring Modifications Post Modification Recorded Investment
TroubledDebtRestructuringModificationsPostModificationRecordedInvestment
28980000 USD
CY2013Q4 vly Troubled Debt Restructurings Not Reported As Non Accrual Loans
TroubledDebtRestructuringsNotReportedAsNonAccrualLoans
107000000 USD
CY2014Q1 vly Weighted Average Remaining Expected Life Of Residential Mortgage Backed Securities Available For Sale
WeightedAverageRemainingExpectedLifeOfResidentialMortgageBackedSecuritiesAvailableForSale
P5Y9M18D
CY2014Q1 vly Weighted Average Remaining Expected Life Of Residential Mortgage Backed Securities Held To Maturity
WeightedAverageRemainingExpectedLifeOfResidentialMortgageBackedSecuritiesHeldToMaturity
P9Y2M12D
CY2014Q1 dei Amendment Flag
AmendmentFlag
false
CY2014Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2014Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2014Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
CY2014Q1 dei Document Period End Date
DocumentPeriodEndDate
2014-03-31
CY2014Q1 dei Document Type
DocumentType
10-Q
CY2014Q1 dei Entity Central Index Key
EntityCentralIndexKey
0000714310
CY2014Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
200471328 shares
CY2014Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2014Q1 dei Entity Registrant Name
EntityRegistrantName
VALLEY NATIONAL BANCORP
CY2014Q1 dei Trading Symbol
TradingSymbol
VLY

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