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Fair Value Measurement of Assets and Liabilities - Additional Information (Detail) (USD $)
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Dec. 31, 2014
Dec. 31, 2013
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]        
Transfer of loans to loans held for sale $ 0us-gaap_TransferOfPortfolioLoansAndLeasesToHeldForSale1 $ 27,329,000us-gaap_TransferOfPortfolioLoansAndLeasesToHeldForSale1    
Impaired collateral dependent loans, charge-offs 850,000vly_ImpairedCollateralDependentLoansChargeOffs 1,000,000vly_ImpairedCollateralDependentLoansChargeOffs    
Collateral dependent impaired loans, recorded investment 11,900,000vly_CollateralDependentImpairedLoansCarryingValue      
Specific valuation allowance allocations 1,900,000vly_ImpairedLoansSpecificValuationAllowanceAllocation      
Reported net carrying amount of impaired loans 10,000,000vly_ImpairedLoansReportedNetCarryingValue      
Valuation of loan servicing rights, discount rate 8.00%vly_FairValueUnobservableInputsQuantitativeInformationForAssetsMeasuredOnNonrecurringBasisLoanServicingRightsDiscountRate      
Net recoveries of impairment charges 84,000us-gaap_MortgageServicingRightsMSRImpairmentRecovery 100,000us-gaap_MortgageServicingRightsMSRImpairmentRecovery    
Fair Value, Unobservable Inputs Quantitative Information For Assets Measured On Nonrecurring Basis, Foreclosed Assets, Discount Rate 4.80%vly_FairValueUnobservableInputsQuantitativeInformationForAssetsMeasuredOnNonrecurringBasisForeclosedAssetsDiscountRate      
Foreclosed assets measured at fair value upon initial recognition 2,400,000vly_ForeclosedAssetsMeasuredAtFairValue      
Allowance for loan losses, charge-offs 500,000vly_AllowanceForCoveredLoanLossesNetChargeOffs 1,500,000vly_AllowanceForCoveredLoanLossesNetChargeOffs    
Loss due to re-measurement of repossessed assets 1,800,000vly_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 25.00%vly_FairValueUnobservableInputsQuantitativeInformationForAssetsMeasuredOnNonrecurringBasisLoanServicingRightsPrepaymentRate
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
     
Significant Unobservable Inputs (Level 3) [Member]        
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]        
Discount rate on impaired loans 38.20%vly_LoansAndLeasesReceivableImpairedDiscountRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
     
Non-Performing Loans [Member] | Fair Value [Member]        
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]        
Transfer of loans to loans held for sale 7,100,000us-gaap_TransferOfPortfolioLoansAndLeasesToHeldForSale1
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
/ us-gaap_InternalCreditAssessmentAxis
= us-gaap_NonperformingFinancingReceivableMember
     
Available-for-sale Securities [Member]        
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]        
Changes in unrealized losses on Level 3 securities 0us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
/ us-gaap_GainLossOnInvestmentsByCategoryAxis
= us-gaap_AvailableforsaleSecuritiesMember
0us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
/ us-gaap_GainLossOnInvestmentsByCategoryAxis
= us-gaap_AvailableforsaleSecuritiesMember
   
Impaired trust preferred securities ,fair value $ 15,468,000us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
/ us-gaap_GainLossOnInvestmentsByCategoryAxis
= us-gaap_AvailableforsaleSecuritiesMember
$ 26,911,000us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
/ us-gaap_GainLossOnInvestmentsByCategoryAxis
= us-gaap_AvailableforsaleSecuritiesMember
$ 19,309,000us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
/ us-gaap_GainLossOnInvestmentsByCategoryAxis
= us-gaap_AvailableforsaleSecuritiesMember
$ 28,523,000us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
/ us-gaap_GainLossOnInvestmentsByCategoryAxis
= us-gaap_AvailableforsaleSecuritiesMember