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Fair Value Measurement of Assets and Liabilities - Additional Information (Detail) (USD $)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]    
Valuation write-downs charged to non-interest income related to non-performing loan held for sale $ 3,000,000us-gaap_MortgageLoansOnRealEstateWritedownOrReserveAmount1  
Fair value, unobservable inputs, quantitative information for assets measured on non-recurring basis, impaired loans non-current appraisal discount percentage 38.20%vly_FairValueUnobservableInputsQuantitativeInformationForAssetsMeasuredOnNonrecurringBasisImpairedLoansNonCurrentAppraisalDiscountPercentage  
Impaired collateral dependent loans, charge-offs 6,500,000vly_ImpairedCollateralDependentLoansChargeOffs 26,900,000vly_ImpairedCollateralDependentLoansChargeOffs
Collateral dependent impaired loans, recorded investment 15,000,000vly_CollateralDependentImpairedLoansCarryingValue 41,800,000vly_CollateralDependentImpairedLoansCarryingValue
Specific valuation allowance allocations 1,000,000vly_ImpairedLoansSpecificValuationAllowanceAllocation 6,100,000vly_ImpairedLoansSpecificValuationAllowanceAllocation
Reported net carrying amount of impaired loans 14,000,000vly_ImpairedLoansReportedNetCarryingValue 35,700,000vly_ImpairedLoansReportedNetCarryingValue
Valuation of loan servicing rights, discount rate 8.00%vly_FairValueUnobservableInputsQuantitativeInformationForAssetsMeasuredOnNonrecurringBasisLoanServicingRightsDiscountRate  
Net recoveries of impairment charges 88,000us-gaap_MortgageServicingRightsMSRImpairmentRecovery 2,500,000us-gaap_MortgageServicingRightsMSRImpairmentRecovery
Appraisal of foreclosed asset discount 2.30%vly_FairValueUnobservableInputsQuantitativeInformationForAssetsMeasuredOnNonRecurringBasisForeclosedAssetAppraisalDiscountPercentage  
Foreclosed assets measured at fair value upon initial recognition 18,100,000vly_ForeclosedAssetsMeasuredAtFairValue 25,900,000vly_ForeclosedAssetsMeasuredAtFairValue
Allowance for loan losses, charge-offs 3,700,000vly_AllowanceForCoveredLoanLossesNetChargeOffs 5,700,000vly_AllowanceForCoveredLoanLossesNetChargeOffs
Loss due to re-measurement of repossessed assets 4,700,000vly_LossDueToRemeasurementOfRepossessedAssetAtFairValue 3,100,000vly_LossDueToRemeasurementOfRepossessedAssetAtFairValue
Minimum [Member]    
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]    
Valuation of loan servicing rights, prepayment rate 0.00%vly_FairValueUnobservableInputsQuantitativeInformationForAssetsMeasuredOnNonrecurringBasisLoanServicingRightsPrepaymentRate
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
 
Maximum [Member]    
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]    
Valuation of loan servicing rights, prepayment rate 27.00%vly_FairValueUnobservableInputsQuantitativeInformationForAssetsMeasuredOnNonrecurringBasisLoanServicingRightsPrepaymentRate
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
 
Estimate of Fair Value Measurement [Member] | Fair Value, Measurements, Nonrecurring [Member]    
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]    
Non-performing loans held for sale $ 7,130,000vly_NonPerformingLoansHeldForSaleFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsNonrecurringMember