Consolidated Statements of Financial Condition - USD ($) $ in Thousands		Dec. 31, 2015	Dec. 31, 2014
Assets
Cash and due from banks		$ 243,575	$ 462,569
Interest bearing deposits with banks		170,225	367,838
Investment securities:
Held to maturity, fair value of $1,621,039 at December 31, 2015 and $1,815,976 at December 31, 2014		1,596,385	1,778,316
Available for sale		1,506,861	886,970
Trading securities		0	14,233
Total investment securities		3,103,246	2,679,519
Loans held for sale, at fair value		16,382	24,295
Loans		16,043,107	13,473,913
Less: Allowance for loan losses		(106,178)	(102,353)
Net loans		15,936,929	13,371,560
Premises and equipment, net		298,943	282,997
Bank owned life insurance		387,542	375,640
Accrued interest receivable		63,554	57,333
Due from customers on acceptances outstanding		1,185	4,197
Goodwill	[1]	686,339	575,892
Other intangible assets, net		48,882	38,775
Other assets		655,814	551,876
Total Assets		21,612,616	18,792,491
Liabilities
Non-interest bearing		4,914,285	4,235,515
Interest bearing:
Savings, NOW and money market		8,181,362	7,056,133
Time		3,157,904	2,742,468
Total deposits		16,253,551	14,034,116
Short-term borrowings		1,076,991	146,781
Long-term borrowings		1,810,728	2,525,044
Junior subordinated debentures issued to capital trusts		41,414	41,252
Bank acceptances outstanding		1,185	4,197
Accrued expenses and other liabilities		221,656	178,084
Total Liabilities		19,405,525	16,929,474
Shareholders’ Equity
Preferred stock, no par value, authorized 30,000,000 shares; issued 4,600,000 shares at December 31, 2015		111,590	0
Common stock, no par value, authorized 332,023,233 shares; issued 253,787,561 shares at December 31, 2015 and 232,127,098 shares at December 31, 2014		88,626	81,072
Surplus		1,927,399	1,693,752
Retained earnings		125,171	130,845
Accumulated other comprehensive loss		(45,695)	(42,495)
Treasury stock, at cost (16,123 common shares at December 31, 2014)		0	(157)
Total Shareholders’ Equity		2,207,091	1,863,017
Total Liabilities and Shareholders’ Equity		$ 21,612,616	$ 18,792,491

[1] Valley’s Wealth Management Division is comprised of trust, asset management and insurance services. This reporting unit is included in the Consumer Lending segment for financial reporting purposes.