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Allowance for Credit Losses - Summary of Allowance for Credit Losses (Detail) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Mar. 31, 2014
Dec. 31, 2013
Receivables [Abstract]        
Allowance for non-covered loans $ 102,431vly_AllowanceForNonCoveredLoans $ 102,153vly_AllowanceForNonCoveredLoans    
Allowance for covered loans 200vly_AllowanceForCoveredLoans 200vly_AllowanceForCoveredLoans    
Total allowance for loan losses 102,631us-gaap_FinancingReceivableAllowanceForCreditLosses 102,353us-gaap_FinancingReceivableAllowanceForCreditLosses 106,709us-gaap_FinancingReceivableAllowanceForCreditLosses 113,617us-gaap_FinancingReceivableAllowanceForCreditLosses
Allowance for unfunded letters of credit 1,934vly_AllowanceForUnfundedLettersOfCredit 1,934vly_AllowanceForUnfundedLettersOfCredit    
Total allowance for credit losses $ 104,565vly_AllowanceForCreditLosses $ 104,287vly_AllowanceForCreditLosses