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Quarterly Financial Data - Summary of Quarterly Financial Data (Detail) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Quarterly Financial Information Disclosure [Abstract]                      
Interest income $ 170,942us-gaap_InterestAndDividendIncomeOperating $ 155,459us-gaap_InterestAndDividendIncomeOperating $ 157,164us-gaap_InterestAndDividendIncomeOperating $ 153,038us-gaap_InterestAndDividendIncomeOperating $ 156,915us-gaap_InterestAndDividendIncomeOperating $ 153,779us-gaap_InterestAndDividendIncomeOperating $ 152,370us-gaap_InterestAndDividendIncomeOperating $ 153,033us-gaap_InterestAndDividendIncomeOperating $ 636,603us-gaap_InterestAndDividendIncomeOperating $ 616,097us-gaap_InterestAndDividendIncomeOperating $ 671,193us-gaap_InterestAndDividendIncomeOperating
Interest expense 42,296us-gaap_InterestExpense 40,791us-gaap_InterestExpense 39,745us-gaap_InterestExpense 39,014us-gaap_InterestExpense 40,787us-gaap_InterestExpense 42,110us-gaap_InterestExpense 42,483us-gaap_InterestExpense 42,997us-gaap_InterestExpense 161,846us-gaap_InterestExpense 168,377us-gaap_InterestExpense 181,312us-gaap_InterestExpense
Net interest income 128,646us-gaap_InterestIncomeExpenseNet 114,668us-gaap_InterestIncomeExpenseNet 117,419us-gaap_InterestIncomeExpenseNet 114,024us-gaap_InterestIncomeExpenseNet 116,128us-gaap_InterestIncomeExpenseNet 111,669us-gaap_InterestIncomeExpenseNet 109,887us-gaap_InterestIncomeExpenseNet 110,036us-gaap_InterestIncomeExpenseNet 474,757us-gaap_InterestIncomeExpenseNet 447,720us-gaap_InterestIncomeExpenseNet 489,881us-gaap_InterestIncomeExpenseNet
Provision for credit losses 3,980us-gaap_ProvisionForLoanLeaseAndOtherLosses (423)us-gaap_ProvisionForLoanLeaseAndOtherLosses (5,671)us-gaap_ProvisionForLoanLeaseAndOtherLosses 3,998us-gaap_ProvisionForLoanLeaseAndOtherLosses 6,440us-gaap_ProvisionForLoanLeaseAndOtherLosses 5,334us-gaap_ProvisionForLoanLeaseAndOtherLosses 2,552us-gaap_ProvisionForLoanLeaseAndOtherLosses 1,769us-gaap_ProvisionForLoanLeaseAndOtherLosses 1,884us-gaap_ProvisionForLoanLeaseAndOtherLosses 16,095us-gaap_ProvisionForLoanLeaseAndOtherLosses 25,552us-gaap_ProvisionForLoanLeaseAndOtherLosses
Non-Interest Income                      
(Losses) gains on securities transactions, net 643us-gaap_GainLossOnSaleOfSecuritiesNet 103us-gaap_GainLossOnSaleOfSecuritiesNet 7us-gaap_GainLossOnSaleOfSecuritiesNet (8)us-gaap_GainLossOnSaleOfSecuritiesNet 10,670us-gaap_GainLossOnSaleOfSecuritiesNet 9us-gaap_GainLossOnSaleOfSecuritiesNet 41us-gaap_GainLossOnSaleOfSecuritiesNet 3,958us-gaap_GainLossOnSaleOfSecuritiesNet 745us-gaap_GainLossOnSaleOfSecuritiesNet 14,678us-gaap_GainLossOnSaleOfSecuritiesNet 2,587us-gaap_GainLossOnSaleOfSecuritiesNet
Trading (losses) gains, net         1,150us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet 2,231us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet (270)us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet (2,202)us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet 0us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet 0us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet (5,247)us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
Trading (losses) gains, net 47us-gaap_TradingGainsLosses (35)us-gaap_TradingGainsLosses (34)us-gaap_TradingGainsLosses (9)us-gaap_TradingGainsLosses 1,540us-gaap_TradingGainsLosses 2,729us-gaap_TradingGainsLosses 14,366us-gaap_TradingGainsLosses 15,060us-gaap_TradingGainsLosses (31)us-gaap_TradingGainsLosses 909us-gaap_TradingGainsLosses 2,793us-gaap_TradingGainsLosses
Gains on sales of loans, net 234us-gaap_GainLossOnSalesOfLoansNet (95)us-gaap_GainLossOnSalesOfLoansNet 679us-gaap_GainLossOnSalesOfLoansNet 913us-gaap_GainLossOnSalesOfLoansNet 11,547us-gaap_GainLossOnSalesOfLoansNet (1,010)us-gaap_GainLossOnSalesOfLoansNet 678us-gaap_GainLossOnSalesOfLoansNet (268)us-gaap_GainLossOnSalesOfLoansNet 1,731us-gaap_GainLossOnSalesOfLoansNet 33,695us-gaap_GainLossOnSalesOfLoansNet 46,998us-gaap_GainLossOnSalesOfLoansNet
Gains (losses) on sales of assets, net 17,876us-gaap_GainsLossesOnSalesOfAssets 83us-gaap_GainsLossesOnSalesOfAssets 276us-gaap_GainsLossesOnSalesOfAssets (148)us-gaap_GainsLossesOnSalesOfAssets         18,087us-gaap_GainsLossesOnSalesOfAssets 10,947us-gaap_GainsLossesOnSalesOfAssets (329)us-gaap_GainsLossesOnSalesOfAssets
Other non-interest income 10,763us-gaap_NoninterestIncomeOtherOperatingIncome 14,725us-gaap_NoninterestIncomeOtherOperatingIncome 11,606us-gaap_NoninterestIncomeOtherOperatingIncome 19,990us-gaap_NoninterestIncomeOtherOperatingIncome 17,166us-gaap_NoninterestIncomeOtherOperatingIncome 18,431us-gaap_NoninterestIncomeOtherOperatingIncome 18,079us-gaap_NoninterestIncomeOtherOperatingIncome 14,748us-gaap_NoninterestIncomeOtherOperatingIncome 15,335us-gaap_NoninterestIncomeOtherOperatingIncome 15,237us-gaap_NoninterestIncomeOtherOperatingIncome 21,969us-gaap_NoninterestIncomeOtherOperatingIncome
Non-Interest Expense                      
Non-interest expense:         88,178us-gaap_NoninterestExpense 92,434us-gaap_NoninterestExpense 92,718us-gaap_NoninterestExpense 93,656us-gaap_NoninterestExpense 403,255us-gaap_NoninterestExpense 381,338us-gaap_NoninterestExpense 374,900us-gaap_NoninterestExpense
Loss on extinguishment of debt 10,132us-gaap_GainsLossesOnExtinguishmentOfDebt 0us-gaap_GainsLossesOnExtinguishmentOfDebt 0us-gaap_GainsLossesOnExtinguishmentOfDebt 0us-gaap_GainsLossesOnExtinguishmentOfDebt         10,132us-gaap_GainsLossesOnExtinguishmentOfDebt 0us-gaap_GainsLossesOnExtinguishmentOfDebt 0us-gaap_GainsLossesOnExtinguishmentOfDebt
Amortization of tax credit investments 10,048vly_InvestmentTaxCreditAmortization 4,630vly_InvestmentTaxCreditAmortization 5,802vly_InvestmentTaxCreditAmortization 3,716vly_InvestmentTaxCreditAmortization 7,914vly_InvestmentTaxCreditAmortization 2,027vly_InvestmentTaxCreditAmortization 2,628vly_InvestmentTaxCreditAmortization 1,783vly_InvestmentTaxCreditAmortization 24,196vly_InvestmentTaxCreditAmortization 14,352vly_InvestmentTaxCreditAmortization 4,157vly_InvestmentTaxCreditAmortization
Other 101,087us-gaap_OtherNoninterestExpense 86,906us-gaap_OtherNoninterestExpense 88,551us-gaap_OtherNoninterestExpense 92,383us-gaap_OtherNoninterestExpense         55,451us-gaap_OtherNoninterestExpense 53,299us-gaap_OtherNoninterestExpense 53,347us-gaap_OtherNoninterestExpense
Income before income taxes 32,962us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 38,336us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 41,271us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 34,665us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 55,669us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 34,264us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 44,883us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 44,124us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 147,234us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 178,940us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 210,375us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense 7,827us-gaap_IncomeTaxExpenseBenefit 10,654us-gaap_IncomeTaxExpenseBenefit 11,751us-gaap_IncomeTaxExpenseBenefit 830us-gaap_IncomeTaxExpenseBenefit 16,061us-gaap_IncomeTaxExpenseBenefit 7,143us-gaap_IncomeTaxExpenseBenefit 10,961us-gaap_IncomeTaxExpenseBenefit 12,814us-gaap_IncomeTaxExpenseBenefit 31,062us-gaap_IncomeTaxExpenseBenefit 46,979us-gaap_IncomeTaxExpenseBenefit 66,748us-gaap_IncomeTaxExpenseBenefit
Net Income $ 25,135us-gaap_NetIncomeLoss $ 27,682us-gaap_NetIncomeLoss $ 29,520us-gaap_NetIncomeLoss $ 33,835us-gaap_NetIncomeLoss $ 39,608us-gaap_NetIncomeLoss $ 27,121us-gaap_NetIncomeLoss $ 33,922us-gaap_NetIncomeLoss $ 31,310us-gaap_NetIncomeLoss $ 116,172us-gaap_NetIncomeLoss $ 131,961us-gaap_NetIncomeLoss $ 143,627us-gaap_NetIncomeLoss
Earnings Per Common Share:                      
Basic (in usd per share) $ 0.11us-gaap_EarningsPerShareBasic $ 0.14us-gaap_EarningsPerShareBasic $ 0.15us-gaap_EarningsPerShareBasic $ 0.17us-gaap_EarningsPerShareBasic $ 0.20us-gaap_EarningsPerShareBasic $ 0.14us-gaap_EarningsPerShareBasic $ 0.17us-gaap_EarningsPerShareBasic $ 0.16us-gaap_EarningsPerShareBasic $ 0.56us-gaap_EarningsPerShareBasic $ 0.66us-gaap_EarningsPerShareBasic $ 0.73us-gaap_EarningsPerShareBasic
Diluted (in usd per share) $ 0.11us-gaap_EarningsPerShareDiluted $ 0.14us-gaap_EarningsPerShareDiluted $ 0.15us-gaap_EarningsPerShareDiluted $ 0.17us-gaap_EarningsPerShareDiluted $ 0.20us-gaap_EarningsPerShareDiluted $ 0.14us-gaap_EarningsPerShareDiluted $ 0.17us-gaap_EarningsPerShareDiluted $ 0.16us-gaap_EarningsPerShareDiluted $ 0.56us-gaap_EarningsPerShareDiluted $ 0.66us-gaap_EarningsPerShareDiluted $ 0.73us-gaap_EarningsPerShareDiluted
Cash Dividends Declared Per Common Share (in usd per share) $ 0.11us-gaap_CommonStockDividendsPerShareDeclared $ 0.11us-gaap_CommonStockDividendsPerShareDeclared $ 0.11us-gaap_CommonStockDividendsPerShareDeclared $ 0.11us-gaap_CommonStockDividendsPerShareDeclared $ 0.11us-gaap_CommonStockDividendsPerShareDeclared $ 0.16us-gaap_CommonStockDividendsPerShareDeclared $ 0.16us-gaap_CommonStockDividendsPerShareDeclared $ 0.16us-gaap_CommonStockDividendsPerShareDeclared $ 0.444us-gaap_CommonStockDividendsPerShareDeclared $ 0.60us-gaap_CommonStockDividendsPerShareDeclared $ 0.65us-gaap_CommonStockDividendsPerShareDeclared
Weighted Average Number of Common Shares Outstanding:                      
Basic (in shares) 221,471,635us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 200,614,091us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 200,472,592us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 200,128,384us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 199,613,524us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 199,445,874us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 199,244,243us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 198,924,995us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 205,716,293us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 199,309,425us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 197,354,159us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted (in shares) 221,471,635us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 200,614,091us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 200,472,592us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 200,128,384us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 199,613,524us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 199,445,874us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 199,244,243us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 198,924,995us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 205,716,293us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 199,309,425us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 197,354,372us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding