REGULATORY AND CAPITAL REQUIREMENTS (Tables)

12 Months Ended

Dec. 31, 2012

Schedule of Actual Capital Positions and Ratios under Banking Regulations

Valley’s and Valley National Bank’s actual capital positions and ratios as of December 31, 2012 and 2011 are presented in the following table:

	Actual					Minimum Capital Requirements					To Be Well Capitalized Under Prompt Corrective Action Provision
	Amount		Ratio			Amount		Ratio			Amount		Ratio
	($ in thousands)
As of December 31, 2012
Total Risk-based Capital
Valley	$	1,413,901		12.4	%	$	913,402		8.0	%	$	N/A		N/A	%
Valley National Bank		1,374,059		12.1			912,179		8.0			1,140,224		10.0
Tier 1 Risk-based Capital
Valley		1,241,316		10.9			456,701		4.0			N/A		N/A
Valley National Bank		1,201,499		10.5			456,090		4.0			684,134		6.0
Tier 1 Leverage Capital
Valley		1,241,316		8.1			613,471		4.0			N/A		N/A
Valley National Bank		1,201,499		7.8			612,636		4.0			765,795		5.0
As of December 31, 2011
Total Risk-based Capital
Valley	$	1,301,638		12.6	%	$	824,365		8.0	%	$	N/A		N/A	%
Valley National Bank		1,244,407		12.1			819,942		8.0			1,024,928		10.0
Tier 1 Risk-based Capital
Valley		1,113,422		10.8			412,183		4.0			N/A		N/A
Valley National Bank		1,056,191		10.3			409,971		4.0			614,957		6.0
Tier 1 Leverage Capital
Valley		1,113,422		8.0			557,210		4.0			N/A		N/A
Valley National Bank		1,056,191		7.6			555,785		4.0			694,731		5.0