XML 82 R53.htm IDEA: XBRL DOCUMENT v2.4.1.9
Fair Value Measurement of Assets and Liabilities - Schedule of Assets and Liabilities Measured at Fair Value on Recurring and Non-Recurring Basis (Detail) (USD $)
Dec. 31, 2014
Dec. 31, 2013
Assets    
Available for sale $ 886,970,000us-gaap_AvailableForSaleSecurities $ 829,692,000us-gaap_AvailableForSaleSecurities
Trading securities 14,233,000us-gaap_TradingSecurities 14,264,000us-gaap_TradingSecurities
Liabilities    
Foreclosed assets (4) 24,700,000us-gaap_ForeclosedAssets 38,300,000us-gaap_ForeclosedAssets
Loans held for sale (which consist of residential mortgages) carried at fair value 16,900,000us-gaap_PrincipalAmountOutstandingOnLoansHeldForSaleOrSecuritization 10,400,000us-gaap_PrincipalAmountOutstandingOnLoansHeldForSaleOrSecuritization
Covered other real estate 3,200,000us-gaap_OtherRealEstateCovered 7,600,000us-gaap_OtherRealEstateCovered
U.S. Treasury securities [Member]    
Assets    
Available for sale 49,443,000us-gaap_AvailableForSaleSecurities
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_USTreasurySecuritiesMember		 84,665,000us-gaap_AvailableForSaleSecurities
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_USTreasurySecuritiesMember
U.S. government agency securities [Member]    
Assets    
Available for sale 33,825,000us-gaap_AvailableForSaleSecurities
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_USGovernmentAgenciesDebtSecuritiesMember		 48,627,000us-gaap_AvailableForSaleSecurities
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_USGovernmentAgenciesDebtSecuritiesMember
Obligations of states and political subdivisions [Member]    
Assets    
Available for sale 44,051,000us-gaap_AvailableForSaleSecurities
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_USStatesAndPoliticalSubdivisionsMember		 37,700,000us-gaap_AvailableForSaleSecurities
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_USStatesAndPoliticalSubdivisionsMember
Residential mortgage-backed securities [Member]    
Assets    
Available for sale 644,276,000us-gaap_AvailableForSaleSecurities
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_ResidentialMortgageBackedSecuritiesMember		 508,029,000us-gaap_AvailableForSaleSecurities
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_ResidentialMortgageBackedSecuritiesMember
Trust preferred securities [Member]    
Assets    
Available for sale 20,537,000us-gaap_AvailableForSaleSecurities
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_OtherDebtSecuritiesMember		 [1] 19,215,000us-gaap_AvailableForSaleSecurities
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_OtherDebtSecuritiesMember		 [1]
Corporate and other debt securities [Member]    
Assets    
Available for sale 74,012,000us-gaap_AvailableForSaleSecurities
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_CorporateDebtSecuritiesMember		 83,398,000us-gaap_AvailableForSaleSecurities
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_CorporateDebtSecuritiesMember
Equity securities [Member]    
Assets    
Available for sale 20,826,000us-gaap_AvailableForSaleSecurities
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_EquitySecuritiesMember		 48,058,000us-gaap_AvailableForSaleSecurities
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_EquitySecuritiesMember
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | U.S. government agency securities [Member]    
Assets    
Available for sale 0us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_USGovernmentAgenciesDebtSecuritiesMember		  
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Recurring Fair Value Measurements [Member]    
Assets    
Available for sale 69,021,000us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember		 138,843,000us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Trading securities 0us-gaap_TradingSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember		  
Loans held for sale (1) 0us-gaap_LoansHeldForSaleFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember		 [2]  
Other assets (2) 0us-gaap_DerivativeAssets
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember		 [3]  
Total assets 69,021,000vly_TotalAssetsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember		 138,843,000vly_TotalAssetsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Liabilities    
Other liabilities (2) 0us-gaap_DerivativeLiabilities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember		 [3]  
Total liabilities 0vly_TotalLiabilitiesFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember		 0vly_TotalLiabilitiesFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Recurring Fair Value Measurements [Member] | U.S. Treasury securities [Member]    
Assets    
Available for sale 49,443,000us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_USTreasurySecuritiesMember		 84,665,000us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_USTreasurySecuritiesMember
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Recurring Fair Value Measurements [Member] | Obligations of states and political subdivisions [Member]    
Assets    
Available for sale 0us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_USStatesAndPoliticalSubdivisionsMember		  
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Recurring Fair Value Measurements [Member] | Residential mortgage-backed securities [Member]    
Assets    
Available for sale 0us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_ResidentialMortgageBackedSecuritiesMember		  
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Recurring Fair Value Measurements [Member] | Trust preferred securities [Member]    
Assets    
Available for sale 0us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_OtherDebtSecuritiesMember		  
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Recurring Fair Value Measurements [Member] | Corporate and other debt securities [Member]    
Assets    
Available for sale 18,241,000us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_CorporateDebtSecuritiesMember		 27,273,000us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_CorporateDebtSecuritiesMember
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Recurring Fair Value Measurements [Member] | Equity securities [Member]    
Assets    
Available for sale 1,337,000us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_EquitySecuritiesMember		 26,905,000us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_EquitySecuritiesMember
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Non-Recurring Fair Value Measurements [Member]    
Liabilities    
Non-performing loans held for sale 0vly_NonPerformingLoansHeldForSaleFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsNonrecurringMember		  
Collateral dependent impaired loans (3) 0vly_CollateralDependentImpairedLoans
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsNonrecurringMember		 [4]  
Loan servicing rights 0us-gaap_ServicingAssetAtFairValueAmount
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsNonrecurringMember		  
Foreclosed assets (4) 0us-gaap_ForeclosedAssets
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsNonrecurringMember		 [5]  
Total 0vly_NonRecurringFairValueMeasurementsAssetLiabilityTotal
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsNonrecurringMember		  
Significant Other Observable Inputs (Level 2) [Member] | Recurring Fair Value Measurements [Member]    
Assets    
Available for sale 798,640,000us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember		 662,326,000us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Trading securities 14,233,000us-gaap_TradingSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember		 14,264,000us-gaap_TradingSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Loans held for sale (1) 17,165,000us-gaap_LoansHeldForSaleFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember		 [2] 10,488,000us-gaap_LoansHeldForSaleFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember		 [2]
Other assets (2) 20,987,000us-gaap_DerivativeAssets
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember		 [3] 15,122,000us-gaap_DerivativeAssets
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember		 [3]
Total assets 851,025,000vly_TotalAssetsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember		 702,200,000vly_TotalAssetsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Liabilities    
Other liabilities (2) 33,330,000us-gaap_DerivativeLiabilities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember		 [3] 20,586,000us-gaap_DerivativeLiabilities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember		 [3]
Total liabilities 33,330,000vly_TotalLiabilitiesFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember		 20,586,000vly_TotalLiabilitiesFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Significant Other Observable Inputs (Level 2) [Member] | Recurring Fair Value Measurements [Member] | U.S. Treasury securities [Member]    
Assets    
Available for sale 0us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_USTreasurySecuritiesMember		  
Significant Other Observable Inputs (Level 2) [Member] | Recurring Fair Value Measurements [Member] | U.S. government agency securities [Member]    
Assets    
Available for sale 33,825,000us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_USGovernmentAgenciesDebtSecuritiesMember		 48,627,000us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_USGovernmentAgenciesDebtSecuritiesMember
Significant Other Observable Inputs (Level 2) [Member] | Recurring Fair Value Measurements [Member] | Obligations of states and political subdivisions [Member]    
Assets    
Available for sale 44,051,000us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_USStatesAndPoliticalSubdivisionsMember		 37,700,000us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_USStatesAndPoliticalSubdivisionsMember
Significant Other Observable Inputs (Level 2) [Member] | Recurring Fair Value Measurements [Member] | Residential mortgage-backed securities [Member]    
Assets    
Available for sale 629,696,000us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_ResidentialMortgageBackedSecuritiesMember		 483,277,000us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_ResidentialMortgageBackedSecuritiesMember
Significant Other Observable Inputs (Level 2) [Member] | Recurring Fair Value Measurements [Member] | Trust preferred securities [Member]    
Assets    
Available for sale 15,808,000us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_OtherDebtSecuritiesMember		 15,444,000us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_OtherDebtSecuritiesMember
Significant Other Observable Inputs (Level 2) [Member] | Recurring Fair Value Measurements [Member] | Corporate and other debt securities [Member]    
Assets    
Available for sale 55,771,000us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_CorporateDebtSecuritiesMember		 56,125,000us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_CorporateDebtSecuritiesMember
Significant Other Observable Inputs (Level 2) [Member] | Recurring Fair Value Measurements [Member] | Equity securities [Member]    
Assets    
Available for sale 19,489,000us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_EquitySecuritiesMember		 21,153,000us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_EquitySecuritiesMember
Significant Other Observable Inputs (Level 2) [Member] | Non-Recurring Fair Value Measurements [Member]    
Liabilities    
Non-performing loans held for sale 0vly_NonPerformingLoansHeldForSaleFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsNonrecurringMember		  
Collateral dependent impaired loans (3) 0vly_CollateralDependentImpairedLoans
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsNonrecurringMember		 [4]  
Loan servicing rights 0us-gaap_ServicingAssetAtFairValueAmount
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsNonrecurringMember		  
Foreclosed assets (4) 0us-gaap_ForeclosedAssets
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsNonrecurringMember		 [5]  
Total 0vly_NonRecurringFairValueMeasurementsAssetLiabilityTotal
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsNonrecurringMember		  
Significant Unobservable Inputs (Level 3) [Member] | Recurring Fair Value Measurements [Member]    
Assets    
Available for sale 19,309,000us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember		 28,523,000us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Trading securities 0us-gaap_TradingSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember		  
Loans held for sale (1) 0us-gaap_LoansHeldForSaleFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember		 [2]  
Other assets (2) 0us-gaap_DerivativeAssets
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember		 [3]  
Total assets 19,309,000vly_TotalAssetsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember		 28,523,000vly_TotalAssetsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Liabilities    
Other liabilities (2) 0us-gaap_DerivativeLiabilities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember		 [3]  
Total liabilities 0vly_TotalLiabilitiesFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember		  
Significant Unobservable Inputs (Level 3) [Member] | Recurring Fair Value Measurements [Member] | U.S. Treasury securities [Member]    
Assets    
Available for sale 0us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_USTreasurySecuritiesMember		  
Significant Unobservable Inputs (Level 3) [Member] | Recurring Fair Value Measurements [Member] | U.S. government agency securities [Member]    
Assets    
Available for sale 0us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_USGovernmentAgenciesDebtSecuritiesMember		  
Significant Unobservable Inputs (Level 3) [Member] | Recurring Fair Value Measurements [Member] | Obligations of states and political subdivisions [Member]    
Assets    
Available for sale 0us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_USStatesAndPoliticalSubdivisionsMember		  
Significant Unobservable Inputs (Level 3) [Member] | Recurring Fair Value Measurements [Member] | Residential mortgage-backed securities [Member]    
Assets    
Available for sale 14,580,000us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_ResidentialMortgageBackedSecuritiesMember		 24,752,000us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_ResidentialMortgageBackedSecuritiesMember
Significant Unobservable Inputs (Level 3) [Member] | Recurring Fair Value Measurements [Member] | Trust preferred securities [Member]    
Assets    
Available for sale 4,729,000us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_OtherDebtSecuritiesMember		 3,771,000us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_OtherDebtSecuritiesMember
Significant Unobservable Inputs (Level 3) [Member] | Recurring Fair Value Measurements [Member] | Corporate and other debt securities [Member]    
Assets    
Available for sale 0us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_CorporateDebtSecuritiesMember		  
Significant Unobservable Inputs (Level 3) [Member] | Recurring Fair Value Measurements [Member] | Equity securities [Member]    
Assets    
Available for sale 0us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_EquitySecuritiesMember		  
Significant Unobservable Inputs (Level 3) [Member] | Non-Recurring Fair Value Measurements [Member]    
Liabilities    
Non-performing loans held for sale 7,130,000vly_NonPerformingLoansHeldForSaleFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsNonrecurringMember		  
Collateral dependent impaired loans (3) 13,985,000vly_CollateralDependentImpairedLoans
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsNonrecurringMember		 [4] 35,700,000vly_CollateralDependentImpairedLoans
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsNonrecurringMember		 [4]
Loan servicing rights 3,987,000us-gaap_ServicingAssetAtFairValueAmount
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsNonrecurringMember		 3,677,000us-gaap_ServicingAssetAtFairValueAmount
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsNonrecurringMember
Foreclosed assets (4) 18,098,000us-gaap_ForeclosedAssets
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsNonrecurringMember		 [5] 25,929,000us-gaap_ForeclosedAssets
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsNonrecurringMember		 [5]
Total 43,200,000vly_NonRecurringFairValueMeasurementsAssetLiabilityTotal
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsNonrecurringMember		 65,306,000vly_NonRecurringFairValueMeasurementsAssetLiabilityTotal
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsNonrecurringMember
Estimate of Fair Value Measurement [Member] | Recurring Fair Value Measurements [Member]    
Assets    
Available for sale 886,970,000us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember		 829,692,000us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Trading securities 14,233,000us-gaap_TradingSecurities
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember		 14,264,000us-gaap_TradingSecurities
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Loans held for sale (1) 17,165,000us-gaap_LoansHeldForSaleFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember		 [2] 10,488,000us-gaap_LoansHeldForSaleFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember		 [2]
Other assets (2) 20,987,000us-gaap_DerivativeAssets
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember		 [3] 15,122,000us-gaap_DerivativeAssets
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember		 [3]
Total assets 939,355,000vly_TotalAssetsFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember		 869,566,000vly_TotalAssetsFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Liabilities    
Other liabilities (2) 33,330,000us-gaap_DerivativeLiabilities
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember		 [3] 20,586,000us-gaap_DerivativeLiabilities
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember		 [3]
Total liabilities 33,330,000vly_TotalLiabilitiesFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember		 20,586,000vly_TotalLiabilitiesFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Estimate of Fair Value Measurement [Member] | Recurring Fair Value Measurements [Member] | U.S. Treasury securities [Member]    
Assets    
Available for sale 49,443,000us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_USTreasurySecuritiesMember		 84,665,000us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_USTreasurySecuritiesMember
Estimate of Fair Value Measurement [Member] | Recurring Fair Value Measurements [Member] | U.S. government agency securities [Member]    
Assets    
Available for sale 33,825,000us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_USGovernmentAgenciesDebtSecuritiesMember		 48,627,000us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_USGovernmentAgenciesDebtSecuritiesMember
Estimate of Fair Value Measurement [Member] | Recurring Fair Value Measurements [Member] | Obligations of states and political subdivisions [Member]    
Assets    
Available for sale 44,051,000us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_USStatesAndPoliticalSubdivisionsMember		 37,700,000us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_USStatesAndPoliticalSubdivisionsMember
Estimate of Fair Value Measurement [Member] | Recurring Fair Value Measurements [Member] | Residential mortgage-backed securities [Member]    
Assets    
Available for sale 644,276,000us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_ResidentialMortgageBackedSecuritiesMember		 508,029,000us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_ResidentialMortgageBackedSecuritiesMember
Estimate of Fair Value Measurement [Member] | Recurring Fair Value Measurements [Member] | Trust preferred securities [Member]    
Assets    
Available for sale 20,537,000us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_OtherDebtSecuritiesMember		 19,215,000us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_OtherDebtSecuritiesMember
Estimate of Fair Value Measurement [Member] | Recurring Fair Value Measurements [Member] | Corporate and other debt securities [Member]    
Assets    
Available for sale 74,012,000us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_CorporateDebtSecuritiesMember		 83,398,000us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_CorporateDebtSecuritiesMember
Estimate of Fair Value Measurement [Member] | Recurring Fair Value Measurements [Member] | Equity securities [Member]    
Assets    
Available for sale 20,826,000us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_EquitySecuritiesMember		 48,058,000us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_EquitySecuritiesMember
Estimate of Fair Value Measurement [Member] | Non-Recurring Fair Value Measurements [Member]    
Liabilities    
Non-performing loans held for sale 7,130,000vly_NonPerformingLoansHeldForSaleFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsNonrecurringMember		  
Collateral dependent impaired loans (3) 13,985,000vly_CollateralDependentImpairedLoans
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsNonrecurringMember		 [4] 35,700,000vly_CollateralDependentImpairedLoans
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsNonrecurringMember		 [4]
Loan servicing rights 3,987,000us-gaap_ServicingAssetAtFairValueAmount
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsNonrecurringMember		 3,677,000us-gaap_ServicingAssetAtFairValueAmount
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsNonrecurringMember
Foreclosed assets (4) 18,098,000us-gaap_ForeclosedAssets
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsNonrecurringMember		 [5] 25,929,000us-gaap_ForeclosedAssets
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsNonrecurringMember		 [5]
Total $ 43,200,000vly_NonRecurringFairValueMeasurementsAssetLiabilityTotal
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsNonrecurringMember		 $ 65,306,000vly_NonRecurringFairValueMeasurementsAssetLiabilityTotal
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsNonrecurringMember
[1] Includes three pooled trust preferred securities, principally collateralized by securities issued by banks and insurance companies.
[2] Loans held for sale (which consist of residential mortgages) are carried at fair value and had contractual unpaid principal balances totaling approximately $16.9 million and $10.4 million at December 31, 2014 and 2013, respectively.
[3] Amount represents derivative financial instruments.
[4] Excludes PCI loans.
[5] Includes covered other real estate owned totaling $3.2 million and $7.6 million at December 31, 2014 and 2013, respectively.