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Allowance for Credit Losses - Summary of Provision for Credit Losses (Detail) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Banking and Thrift, Interest [Abstract]    
Provision for non-covered loans $ 0vly_ProvisionForNonCoveredLoans $ 4,949vly_ProvisionForNonCoveredLoans
Provision for covered loans 0vly_ProvisionCreditForCoveredLoanLosses  
Total provision for loan losses 0us-gaap_ProvisionForLoanAndLeaseLosses 4,949us-gaap_ProvisionForLoanAndLeaseLosses
Provision for unfunded letters of credit 0vly_ProvisionForUnfundedLettersOfCredit (951)vly_ProvisionForUnfundedLettersOfCredit
Total provision for credit losses $ 0us-gaap_ProvisionForLoanLeaseAndOtherLosses $ 3,998us-gaap_ProvisionForLoanLeaseAndOtherLosses