Consolidated Statements Of Financial Condition (USD $) In Thousands, unless otherwise specified	Dec. 31, 2011		Dec. 31, 2010
Assets
Cash and due from banks	$ 372,566		$ 302,629
Interest bearing deposits with banks	6,483		63,657
Investment securities:
Held to maturity, fair value of $2,027,197 at December 31, 2011 and $1,898,872 at December 31, 2010	1,958,916		1,923,993
Available for sale	566,520		1,035,282
Trading securities	21,938		31,894
Total investment securities	2,547,374		2,991,169
Loans held for sale, at fair value	25,169		58,958
Non-covered loans	9,527,797		9,009,140
Covered loans	271,844		356,655
Less: Allowance for loan losses	(133,802)		(124,704)
Net loans	9,665,839		9,241,091
Premises and equipment, net	265,475		265,570
Bank owned life insurance	303,867		304,956
Accrued interest receivable	52,527		59,126
Due from customers on acceptances outstanding	5,903		6,028
FDIC loss-share receivable	74,390		89,359
Goodwill	317,962	[1]	317,891	[1]
Other intangible assets, net	20,818		25,650
Other assets	586,134		417,742
Total Assets	14,244,507		14,143,826
Liabilities
Non-interest bearing	2,781,597		2,524,299
Interest bearing:
Savings, NOW and money market	4,390,121		4,106,464
Time	2,501,384		2,732,851
Total deposits	9,673,102		9,363,614
Short-term borrowings	212,849		192,318
Long-term borrowings	2,726,099		2,933,858
Junior subordinated debentures issued to capital trusts (includes fair value of $160,478 at December 31, 2011 and $161,734 at December 31, 2010 for VNB Capital Trust I)	185,598		186,922
Bank acceptances outstanding	5,903		6,028
Accrued expenses and other liabilities	174,708		165,881
Total Liabilities	12,978,259		12,848,621
Shareholders' Equity
Preferred stock, no par value, authorized 30,000,000 shares; none issued
Common stock, no par value, authorized 220,974,508 shares; issued 170,209,090 shares at December 31, 2011 and 170,131,085 shares at December 31, 2010	59,955		57,041
Surplus	1,179,135		1,178,325
Retained earnings	90,011		79,803
Accumulated other comprehensive loss	(62,441)		(5,719)
Treasury stock, at cost (34,776 common shares at December 31, 2011 and 597,459 common shares at December 31, 2010)	(412)		(14,245)
Total Shareholders' Equity	1,266,248		1,295,205
Total Liabilities and Shareholders' Equity	$ 14,244,507		$ 14,143,826

[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.