XML 16 R55.htm IDEA: XBRL DOCUMENT v2.4.1.9
Loans - Additional Information (Detail) (USD $)
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Repossessed Assets $ 21,800,000us-gaap_OtherRealEstateAndForeclosedAssets    
Non-covered loans net of unearned discount and deferred loan fees 9,200,000vly_NonCoveredLoansNetOfUnearnedDiscountAndDeferredLoanFees   9,000,000vly_NonCoveredLoansNetOfUnearnedDiscountAndDeferredLoanFees
Non-covered loans 13,550,735,000us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome   13,262,022,000us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome
Sales of loans 0vly_SalesOfLoansHeldForInvestment 0vly_SalesOfLoansHeldForInvestment  
Non-interest income, increase (decrease) 3,900,000vly_AmountRecognizedInNonInterestIncomeRelatedToDiscountAccretionAndPostAcquisitionAdjustmentsToFdicLossShareReceivable 76,000vly_AmountRecognizedInNonInterestIncomeRelatedToDiscountAccretionAndPostAcquisitionAdjustmentsToFdicLossShareReceivable  
Reimbursable portion of valuation write-downs on certain covered OREO properties (355,000)vly_OtherAdjustmentsToFdicLossShareReceivable 1,256,000vly_OtherAdjustmentsToFdicLossShareReceivable  
Combined loan-to-value ratio home equity loan 75.00%vly_CombinedLoanToValueRatioHomeEquityLoans    
TDRs not reported as non-accrual loans 100,500,000vly_TroubledDebtRestructuringsNotReportedAsNonAccrualLoans   97,700,000vly_TroubledDebtRestructuringsNotReportedAsNonAccrualLoans
Non-performing TDRs 18,800,000vly_NonPerformingTroubledDebtRestructuringLoans   19,400,000vly_NonPerformingTroubledDebtRestructuringLoans
Specific reserves for loan losses 800,000vly_SpecificReservesForLoanLosses 2,100,000vly_SpecificReservesForLoanLosses  
Partial loan charge-offs related to loans modified as TDRs   900,000us-gaap_FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown  
Number of days loans placed on non-accrual status 90 days    
Contributions to qualified plan 0us-gaap_DefinedBenefitPlanContributionsByEmployer    
Foreclosed Assets Measured At Fair Value 2,400,000vly_ForeclosedAssetsMeasuredAtFairValue    
Commercial Portfolio Segment [Member]      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Unsecured loans 358,900,000vly_UnsecuredLoans
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_CommercialPortfolioSegmentMember
  345,100,000vly_UnsecuredLoans
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_CommercialPortfolioSegmentMember
Commercial Portfolio Segment [Member] | Commercial Portfolio Segment [Member]      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Impaired loans 250,000vly_ImpairedLoansThreshold
/ us-gaap_FinancialInstrumentAxis
= us-gaap_CommercialPortfolioSegmentMember
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_CommercialPortfolioSegmentMember
   
PCI Loans [Member]      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Outstanding contractual principal balances 214,900,000us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesOutstandingBalance
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= vly_PurchasedCreditImpairedLoansMember
  253,700,000us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesOutstandingBalance
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= vly_PurchasedCreditImpairedLoansMember
Non-covered loans 1,600,000,000us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= vly_PurchasedCreditImpairedLoansMember
  1,600,000,000us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= vly_PurchasedCreditImpairedLoansMember
Consumer Loans [Member]      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Non-covered loans 1,967,012,000us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_ConsumerLoanMember
  1,946,896,000us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_ConsumerLoanMember
Unsecured loans 30,300,000vly_UnsecuredLoans
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_ConsumerLoanMember
  31,400,000vly_UnsecuredLoans
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_ConsumerLoanMember
Credit Card [Member]      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Unsecured loans 7,000,000vly_UnsecuredLoans
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_CreditCardReceivablesMember
  7,600,000vly_UnsecuredLoans
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_CreditCardReceivablesMember
Residential Mortgage [Member]      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Repossessed Assets 6,700,000us-gaap_OtherRealEstateAndForeclosedAssets
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= us-gaap_ResidentialMortgageMember
   
In Formal Foreclosure Proceedings [Member]      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Residential mortgage and consumer loans secured by residential real estate properties $ 14,400,000us-gaap_MortgageLoansInProcessOfForeclosureAmount
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= vly_InFormalForeclosureProceedingsMember