VALLEY NATIONAL BANK has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan VALLEY NATIONAL BANK PENSION PLAN
| Measure | Date | Value |
|---|
| 2022: VALLEY NATIONAL BANK PENSION PLAN 2022 401k membership |
|---|
| Market value of plan assets | 2022-12-31 | 278,419,851 |
| Acturial value of plan assets | 2022-12-31 | 265,376,121 |
| Funding target for retired participants and beneficiaries receiving payment | 2022-12-31 | 70,031,201 |
| Number of terminated vested participants | 2022-12-31 | 769 |
| Fundng target for terminated vested participants | 2022-12-31 | 20,412,104 |
| Active participant vested funding target | 2022-12-31 | 28,667,348 |
| Number of active participants | 2022-12-31 | 763 |
| Total funding liabilities for active participants | 2022-12-31 | 29,901,433 |
| Total participant count | 2022-12-31 | 2,600 |
| Total funding target for all participants | 2022-12-31 | 120,344,738 |
| Balance at beginning of prior year after applicable adjustments | 2022-12-31 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2022-12-31 | 82,817,693 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2022-12-31 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2022-12-31 | 0 |
| Amount remaining of carryover balance | 2022-12-31 | 0 |
| Amount remaining of prefunding balance | 2022-12-31 | 82,817,693 |
| Present value of excess contributions | 2022-12-31 | 0 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2022-12-31 | 0 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2022-12-31 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2022-12-31 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2022-12-31 | 0 |
| Balance of carryovers at beginning of current year | 2022-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2022-12-31 | 90,892,418 |
| Total employer contributions | 2022-12-31 | 0 |
| Total employee contributions | 2022-12-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2022-12-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2022-12-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2022-12-31 | 0 |
| Unpaid minimum required contributions for all prior years | 2022-12-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2022-12-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2022-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2022-12-31 | 0 |
| Net shortfall amortization installment of oustanding balance | 2022-12-31 | 0 |
| Waiver amortization installment | 2022-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2022-12-31 | 0 |
| Carryover balance elected to use to offset funding requirement | 2022-12-31 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2022-12-31 | 0 |
| Additional cash requirement | 2022-12-31 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2022-12-31 | 0 |
| Unpaid minimum required contributions for current year | 2022-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2022-12-31 | 0 |
| Total participants, beginning-of-year | 2022-01-01 | 2,594 |
| Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 687 |
| Number of retired or separated participants receiving benefits | 2022-01-01 | 1,019 |
| Number of other retired or separated participants entitled to future benefits | 2022-01-01 | 756 |
| Total of all active and inactive participants | 2022-01-01 | 2,462 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2022-01-01 | 104 |
| Total participants | 2022-01-01 | 2,566 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2022-01-01 | 0 |
| 2021: VALLEY NATIONAL BANK PENSION PLAN 2021 401k membership |
|---|
| Market value of plan assets | 2021-12-31 | 260,651,013 |
| Acturial value of plan assets | 2021-12-31 | 242,501,450 |
| Funding target for retired participants and beneficiaries receiving payment | 2021-12-31 | 69,561,522 |
| Number of terminated vested participants | 2021-12-31 | 757 |
| Fundng target for terminated vested participants | 2021-12-31 | 21,083,383 |
| Active participant vested funding target | 2021-12-31 | 34,222,572 |
| Number of active participants | 2021-12-31 | 863 |
| Total funding liabilities for active participants | 2021-12-31 | 35,760,557 |
| Total participant count | 2021-12-31 | 2,627 |
| Total funding target for all participants | 2021-12-31 | 126,405,462 |
| Balance at beginning of prior year after applicable adjustments | 2021-12-31 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2021-12-31 | 73,108,839 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2021-12-31 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2021-12-31 | 0 |
| Amount remaining of carryover balance | 2021-12-31 | 0 |
| Amount remaining of prefunding balance | 2021-12-31 | 73,108,839 |
| Present value of excess contributions | 2021-12-31 | 0 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2021-12-31 | 0 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2021-12-31 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2021-12-31 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2021-12-31 | 0 |
| Balance of carryovers at beginning of current year | 2021-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2021-12-31 | 82,817,693 |
| Total employer contributions | 2021-12-31 | 0 |
| Total employee contributions | 2021-12-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2021-12-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2021-12-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2021-12-31 | 0 |
| Unpaid minimum required contributions for all prior years | 2021-12-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2021-12-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2021-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2021-12-31 | 0 |
| Net shortfall amortization installment of oustanding balance | 2021-12-31 | 0 |
| Waiver amortization installment | 2021-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2021-12-31 | 0 |
| Carryover balance elected to use to offset funding requirement | 2021-12-31 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2021-12-31 | 0 |
| Additional cash requirement | 2021-12-31 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2021-12-31 | 0 |
| Unpaid minimum required contributions for current year | 2021-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2021-12-31 | 0 |
| Total participants, beginning-of-year | 2021-01-01 | 2,621 |
| Total number of active participants reported on line 7a of the Form 5500 | 2021-01-01 | 763 |
| Number of retired or separated participants receiving benefits | 2021-01-01 | 976 |
| Number of other retired or separated participants entitled to future benefits | 2021-01-01 | 755 |
| Total of all active and inactive participants | 2021-01-01 | 2,494 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-01-01 | 100 |
| Total participants | 2021-01-01 | 2,594 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2021-01-01 | 0 |
| 2020: VALLEY NATIONAL BANK PENSION PLAN 2020 401k membership |
|---|
| Market value of plan assets | 2020-12-31 | 236,621,471 |
| Acturial value of plan assets | 2020-12-31 | 229,611,952 |
| Funding target for retired participants and beneficiaries receiving payment | 2020-12-31 | 66,483,317 |
| Number of terminated vested participants | 2020-12-31 | 769 |
| Fundng target for terminated vested participants | 2020-12-31 | 20,436,917 |
| Active participant vested funding target | 2020-12-31 | 33,012,482 |
| Number of active participants | 2020-12-31 | 934 |
| Total funding liabilities for active participants | 2020-12-31 | 34,251,054 |
| Total participant count | 2020-12-31 | 2,684 |
| Total funding target for all participants | 2020-12-31 | 121,171,288 |
| Balance at beginning of prior year after applicable adjustments | 2020-12-31 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2020-12-31 | 63,111,912 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2020-12-31 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2020-12-31 | 0 |
| Amount remaining of carryover balance | 2020-12-31 | 0 |
| Amount remaining of prefunding balance | 2020-12-31 | 63,111,912 |
| Present value of excess contributions | 2020-12-31 | 0 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2020-12-31 | 0 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2020-12-31 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2020-12-31 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2020-12-31 | 0 |
| Balance of carryovers at beginning of current year | 2020-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2020-12-31 | 73,108,839 |
| Total employer contributions | 2020-12-31 | 0 |
| Total employee contributions | 2020-12-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2020-12-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2020-12-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2020-12-31 | 0 |
| Unpaid minimum required contributions for all prior years | 2020-12-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2020-12-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2020-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2020-12-31 | 0 |
| Net shortfall amortization installment of oustanding balance | 2020-12-31 | 0 |
| Waiver amortization installment | 2020-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2020-12-31 | 0 |
| Carryover balance elected to use to offset funding requirement | 2020-12-31 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2020-12-31 | 0 |
| Additional cash requirement | 2020-12-31 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2020-12-31 | 0 |
| Unpaid minimum required contributions for current year | 2020-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2020-12-31 | 0 |
| Total participants, beginning-of-year | 2020-01-01 | 2,678 |
| Total number of active participants reported on line 7a of the Form 5500 | 2020-01-01 | 863 |
| Number of retired or separated participants receiving benefits | 2020-01-01 | 923 |
| Number of other retired or separated participants entitled to future benefits | 2020-01-01 | 738 |
| Total of all active and inactive participants | 2020-01-01 | 2,524 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2020-01-01 | 97 |
| Total participants | 2020-01-01 | 2,621 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2020-01-01 | 0 |
| 2019: VALLEY NATIONAL BANK PENSION PLAN 2019 401k membership |
|---|
| Market value of plan assets | 2019-12-31 | 210,508,033 |
| Acturial value of plan assets | 2019-12-31 | 220,635,505 |
| Funding target for retired participants and beneficiaries receiving payment | 2019-12-31 | 61,235,806 |
| Number of terminated vested participants | 2019-12-31 | 697 |
| Fundng target for terminated vested participants | 2019-12-31 | 18,156,678 |
| Active participant vested funding target | 2019-12-31 | 37,221,576 |
| Number of active participants | 2019-12-31 | 1,134 |
| Total funding liabilities for active participants | 2019-12-31 | 38,741,472 |
| Total participant count | 2019-12-31 | 2,750 |
| Total funding target for all participants | 2019-12-31 | 118,133,956 |
| Balance at beginning of prior year after applicable adjustments | 2019-12-31 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2019-12-31 | 64,750,089 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2019-12-31 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2019-12-31 | 0 |
| Amount remaining of carryover balance | 2019-12-31 | 0 |
| Amount remaining of prefunding balance | 2019-12-31 | 64,750,089 |
| Present value of excess contributions | 2019-12-31 | 0 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2019-12-31 | 0 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2019-12-31 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2019-12-31 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2019-12-31 | 0 |
| Balance of carryovers at beginning of current year | 2019-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2019-12-31 | 63,111,912 |
| Total employer contributions | 2019-12-31 | 0 |
| Total employee contributions | 2019-12-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2019-12-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2019-12-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2019-12-31 | 0 |
| Unpaid minimum required contributions for all prior years | 2019-12-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2019-12-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2019-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2019-12-31 | 0 |
| Net shortfall amortization installment of oustanding balance | 2019-12-31 | 0 |
| Waiver amortization installment | 2019-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2019-12-31 | 0 |
| Carryover balance elected to use to offset funding requirement | 2019-12-31 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2019-12-31 | 0 |
| Additional cash requirement | 2019-12-31 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2019-12-31 | 0 |
| Unpaid minimum required contributions for current year | 2019-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2019-12-31 | 0 |
| Total participants, beginning-of-year | 2019-01-01 | 2,744 |
| Total number of active participants reported on line 7a of the Form 5500 | 2019-01-01 | 934 |
| Number of retired or separated participants receiving benefits | 2019-01-01 | 898 |
| Number of other retired or separated participants entitled to future benefits | 2019-01-01 | 744 |
| Total of all active and inactive participants | 2019-01-01 | 2,576 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2019-01-01 | 102 |
| Total participants | 2019-01-01 | 2,678 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2019-01-01 | 0 |
| 2018: VALLEY NATIONAL BANK PENSION PLAN 2018 401k membership |
|---|
| Market value of plan assets | 2018-12-31 | 222,123,429 |
| Acturial value of plan assets | 2018-12-31 | 213,276,806 |
| Funding target for retired participants and beneficiaries receiving payment | 2018-12-31 | 55,757,328 |
| Number of terminated vested participants | 2018-12-31 | 659 |
| Fundng target for terminated vested participants | 2018-12-31 | 16,230,919 |
| Active participant vested funding target | 2018-12-31 | 42,335,792 |
| Number of active participants | 2018-12-31 | 1,274 |
| Total funding liabilities for active participants | 2018-12-31 | 44,101,991 |
| Total participant count | 2018-12-31 | 2,802 |
| Total funding target for all participants | 2018-12-31 | 116,090,238 |
| Balance at beginning of prior year after applicable adjustments | 2018-12-31 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2018-12-31 | 58,576,162 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2018-12-31 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2018-12-31 | 0 |
| Amount remaining of carryover balance | 2018-12-31 | 0 |
| Amount remaining of prefunding balance | 2018-12-31 | 58,576,162 |
| Present value of excess contributions | 2018-12-31 | 0 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2018-12-31 | 0 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2018-12-31 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2018-12-31 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2018-12-31 | 0 |
| Balance of carryovers at beginning of current year | 2018-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2018-12-31 | 64,750,089 |
| Total employer contributions | 2018-12-31 | 0 |
| Total employee contributions | 2018-12-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2018-12-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2018-12-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2018-12-31 | 0 |
| Unpaid minimum required contributions for all prior years | 2018-12-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2018-12-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2018-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2018-12-31 | 0 |
| Net shortfall amortization installment of oustanding balance | 2018-12-31 | 0 |
| Waiver amortization installment | 2018-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2018-12-31 | 0 |
| Carryover balance elected to use to offset funding requirement | 2018-12-31 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2018-12-31 | 0 |
| Additional cash requirement | 2018-12-31 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2018-12-31 | 0 |
| Unpaid minimum required contributions for current year | 2018-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2018-12-31 | 0 |
| Total participants, beginning-of-year | 2018-01-01 | 2,796 |
| Total number of active participants reported on line 7a of the Form 5500 | 2018-01-01 | 1,134 |
| Number of retired or separated participants receiving benefits | 2018-01-01 | 841 |
| Number of other retired or separated participants entitled to future benefits | 2018-01-01 | 674 |
| Total of all active and inactive participants | 2018-01-01 | 2,649 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2018-01-01 | 95 |
| Total participants | 2018-01-01 | 2,744 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2018-01-01 | 0 |
| 2017: VALLEY NATIONAL BANK PENSION PLAN 2017 401k membership |
|---|
| Market value of plan assets | 2017-12-31 | 206,638,631 |
| Acturial value of plan assets | 2017-12-31 | 203,341,096 |
| Funding target for retired participants and beneficiaries receiving payment | 2017-12-31 | 46,147,823 |
| Number of terminated vested participants | 2017-12-31 | 664 |
| Fundng target for terminated vested participants | 2017-12-31 | 15,173,497 |
| Active participant vested funding target | 2017-12-31 | 44,876,538 |
| Number of active participants | 2017-12-31 | 1,432 |
| Total funding liabilities for active participants | 2017-12-31 | 46,825,327 |
| Total participant count | 2017-12-31 | 2,891 |
| Total funding target for all participants | 2017-12-31 | 108,146,647 |
| Balance at beginning of prior year after applicable adjustments | 2017-12-31 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2017-12-31 | 52,300,145 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2017-12-31 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2017-12-31 | 0 |
| Amount remaining of carryover balance | 2017-12-31 | 0 |
| Amount remaining of prefunding balance | 2017-12-31 | 52,300,145 |
| Present value of excess contributions | 2017-12-31 | 0 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2017-12-31 | 0 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2017-12-31 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2017-12-31 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2017-12-31 | 0 |
| Balance of carryovers at beginning of current year | 2017-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2017-12-31 | 58,576,162 |
| Total employer contributions | 2017-12-31 | 0 |
| Total employee contributions | 2017-12-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2017-12-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2017-12-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2017-12-31 | 0 |
| Unpaid minimum required contributions for all prior years | 2017-12-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2017-12-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2017-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2017-12-31 | 0 |
| Net shortfall amortization installment of oustanding balance | 2017-12-31 | 0 |
| Waiver amortization installment | 2017-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2017-12-31 | 0 |
| Carryover balance elected to use to offset funding requirement | 2017-12-31 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2017-12-31 | 0 |
| Additional cash requirement | 2017-12-31 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2017-12-31 | 0 |
| Unpaid minimum required contributions for current year | 2017-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2017-12-31 | 0 |
| Total participants, beginning-of-year | 2017-01-01 | 2,888 |
| Total number of active participants reported on line 7a of the Form 5500 | 2017-01-01 | 1,274 |
| Number of retired or separated participants receiving benefits | 2017-01-01 | 797 |
| Number of other retired or separated participants entitled to future benefits | 2017-01-01 | 653 |
| Total of all active and inactive participants | 2017-01-01 | 2,724 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2017-01-01 | 72 |
| Total participants | 2017-01-01 | 2,796 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2017-01-01 | 0 |
| 2016: VALLEY NATIONAL BANK PENSION PLAN 2016 401k membership |
|---|
| Market value of plan assets | 2016-12-31 | 189,413,760 |
| Acturial value of plan assets | 2016-12-31 | 195,808,285 |
| Funding target for retired participants and beneficiaries receiving payment | 2016-12-31 | 41,550,826 |
| Number of terminated vested participants | 2016-12-31 | 633 |
| Fundng target for terminated vested participants | 2016-12-31 | 13,021,610 |
| Active participant vested funding target | 2016-12-31 | 47,454,747 |
| Number of active participants | 2016-12-31 | 1,574 |
| Total funding liabilities for active participants | 2016-12-31 | 49,529,152 |
| Total participant count | 2016-12-31 | 2,970 |
| Total funding target for all participants | 2016-12-31 | 104,101,588 |
| Balance at beginning of prior year after applicable adjustments | 2016-12-31 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2016-12-31 | 51,522,160 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2016-12-31 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2016-12-31 | 0 |
| Amount remaining of carryover balance | 2016-12-31 | 0 |
| Amount remaining of prefunding balance | 2016-12-31 | 51,522,160 |
| Present value of excess contributions | 2016-12-31 | 0 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2016-12-31 | 0 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2016-12-31 | 0 |
| Balance of carryovers at beginning of current year | 2016-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2016-12-31 | 52,300,145 |
| Total employer contributions | 2016-12-31 | 0 |
| Total employee contributions | 2016-12-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2016-12-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2016-12-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2016-12-31 | 0 |
| Unpaid minimum required contributions for all prior years | 2016-12-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2016-12-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2016-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2016-12-31 | 0 |
| Net shortfall amortization installment of oustanding balance | 2016-12-31 | 0 |
| Waiver amortization installment | 2016-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2016-12-31 | 0 |
| Carryover balance elected to use to offset funding requirement | 2016-12-31 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2016-12-31 | 0 |
| Additional cash requirement | 2016-12-31 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2016-12-31 | 0 |
| Unpaid minimum required contributions for current year | 2016-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2016-12-31 | 0 |
| Total participants, beginning-of-year | 2016-01-01 | 2,967 |
| Total number of active participants reported on line 7a of the Form 5500 | 2016-01-01 | 1,417 |
| Number of retired or separated participants receiving benefits | 2016-01-01 | 748 |
| Number of other retired or separated participants entitled to future benefits | 2016-01-01 | 659 |
| Total of all active and inactive participants | 2016-01-01 | 2,824 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2016-01-01 | 64 |
| Total participants | 2016-01-01 | 2,888 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2016-01-01 | 0 |
| 2015: VALLEY NATIONAL BANK PENSION PLAN 2015 401k membership |
|---|
| Total participants, beginning-of-year | 2015-01-01 | 3,357 |
| Total number of active participants reported on line 7a of the Form 5500 | 2015-01-01 | 1,574 |
| Number of retired or separated participants receiving benefits | 2015-01-01 | 703 |
| Number of other retired or separated participants entitled to future benefits | 2015-01-01 | 629 |
| Total of all active and inactive participants | 2015-01-01 | 2,906 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2015-01-01 | 61 |
| Total participants | 2015-01-01 | 2,967 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2015-01-01 | 0 |
| 2014: VALLEY NATIONAL BANK PENSION PLAN 2014 401k membership |
|---|
| Total participants, beginning-of-year | 2014-01-01 | 3,481 |
| Total number of active participants reported on line 7a of the Form 5500 | 2014-01-01 | 1,785 |
| Number of retired or separated participants receiving benefits | 2014-01-01 | 636 |
| Number of other retired or separated participants entitled to future benefits | 2014-01-01 | 872 |
| Total of all active and inactive participants | 2014-01-01 | 3,293 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2014-01-01 | 64 |
| Total participants | 2014-01-01 | 3,357 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2014-01-01 | 0 |
| 2013: VALLEY NATIONAL BANK PENSION PLAN 2013 401k membership |
|---|
| Total participants, beginning-of-year | 2013-01-01 | 3,676 |
| Total number of active participants reported on line 7a of the Form 5500 | 2013-01-01 | 2,043 |
| Number of retired or separated participants receiving benefits | 2013-01-01 | 589 |
| Number of other retired or separated participants entitled to future benefits | 2013-01-01 | 792 |
| Total of all active and inactive participants | 2013-01-01 | 3,424 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2013-01-01 | 57 |
| Total participants | 2013-01-01 | 3,481 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2013-01-01 | 151 |
| 2012: VALLEY NATIONAL BANK PENSION PLAN 2012 401k membership |
|---|
| Total participants, beginning-of-year | 2012-01-01 | 3,511 |
| Total number of active participants reported on line 7a of the Form 5500 | 2012-01-01 | 2,300 |
| Number of retired or separated participants receiving benefits | 2012-01-01 | 560 |
| Number of other retired or separated participants entitled to future benefits | 2012-01-01 | 744 |
| Total of all active and inactive participants | 2012-01-01 | 3,604 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2012-01-01 | 56 |
| Total participants | 2012-01-01 | 3,660 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2012-01-01 | 206 |
| 2011: VALLEY NATIONAL BANK PENSION PLAN 2011 401k membership |
|---|
| Total participants, beginning-of-year | 2011-01-01 | 3,494 |
| Total number of active participants reported on line 7a of the Form 5500 | 2011-01-01 | 2,213 |
| Number of retired or separated participants receiving benefits | 2011-01-01 | 523 |
| Number of other retired or separated participants entitled to future benefits | 2011-01-01 | 714 |
| Total of all active and inactive participants | 2011-01-01 | 3,450 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2011-01-01 | 61 |
| Total participants | 2011-01-01 | 3,511 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2011-01-01 | 249 |
| 2009: VALLEY NATIONAL BANK PENSION PLAN 2009 401k membership |
|---|
| Total participants, beginning-of-year | 2009-01-01 | 3,529 |
| Total number of active participants reported on line 7a of the Form 5500 | 2009-01-01 | 2,226 |
| Number of retired or separated participants receiving benefits | 2009-01-01 | 442 |
| Number of other retired or separated participants entitled to future benefits | 2009-01-01 | 670 |
| Total of all active and inactive participants | 2009-01-01 | 3,338 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2009-01-01 | 48 |
| Total participants | 2009-01-01 | 3,386 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2009-01-01 | 221 |
| Measure | Date | Value |
|---|
| 2022 : VALLEY NATIONAL BANK PENSION PLAN 2022 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2022-12-31 | $16,492,376 |
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $16,492,376 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total income from all sources (including contributions) | 2022-12-31 | $-38,144,429 |
| Total loss/gain on sale of assets | 2022-12-31 | $-42,354,459 |
| Total of all expenses incurred | 2022-12-31 | $7,294,133 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $7,291,005 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $0 |
| Value of total assets at end of year | 2022-12-31 | $232,981,289 |
| Value of total assets at beginning of year | 2022-12-31 | $278,419,851 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $3,128 |
| Total interest from all sources | 2022-12-31 | $2,986,324 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $3,149,588 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $2,461,557 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $40,000,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $709,514 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-12-31 | $782,874 |
| Administrative expenses (other) incurred | 2022-12-31 | $3,128 |
| Total non interest bearing cash at end of year | 2022-12-31 | $-629,246 |
| Total non interest bearing cash at beginning of year | 2022-12-31 | $817,680 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-45,438,562 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $232,981,289 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $278,419,851 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $60,278,297 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $79,462,043 |
| Income. Interest from US Government securities | 2022-12-31 | $1,340,255 |
| Income. Interest from corporate debt instruments | 2022-12-31 | $1,610,927 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $3,768,500 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $4,134,454 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $4,134,454 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $35,142 |
| Asset value of US Government securities at end of year | 2022-12-31 | $66,857,403 |
| Asset value of US Government securities at beginning of year | 2022-12-31 | $70,521,166 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-18,418,258 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Income. Dividends from common stock | 2022-12-31 | $688,031 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $7,291,005 |
| Asset. Corporate debt instrument debt (other) at end of year | 2022-12-31 | $46,839,585 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2022-12-31 | $64,714,861 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2022-12-31 | $55,157,236 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2022-12-31 | $57,986,773 |
| Did the plan have assets held for investment | 2022-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Aggregate proceeds on sale of assets | 2022-12-31 | $33,565,359 |
| Aggregate carrying amount (costs) on sale of assets | 2022-12-31 | $75,919,818 |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | BAKER TILLY US, LLP |
| Accountancy firm EIN | 2022-12-31 | 390859910 |
| 2021 : VALLEY NATIONAL BANK PENSION PLAN 2021 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2021-12-31 | $8,429,723 |
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $8,429,723 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total income from all sources (including contributions) | 2021-12-31 | $25,066,660 |
| Total loss/gain on sale of assets | 2021-12-31 | $7,449,509 |
| Total of all expenses incurred | 2021-12-31 | $7,297,921 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $7,288,234 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $0 |
| Value of total assets at end of year | 2021-12-31 | $278,419,851 |
| Value of total assets at beginning of year | 2021-12-31 | $260,651,112 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $9,687 |
| Total interest from all sources | 2021-12-31 | $2,797,582 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $6,434,935 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $5,477,562 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $40,000,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-12-31 | $782,874 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-12-31 | $622,648 |
| Administrative expenses (other) incurred | 2021-12-31 | $9,687 |
| Total non interest bearing cash at end of year | 2021-12-31 | $817,680 |
| Total non interest bearing cash at beginning of year | 2021-12-31 | $1,500,791 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $17,768,739 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $278,419,851 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $260,651,112 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $79,462,043 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $48,041,806 |
| Income. Interest from US Government securities | 2021-12-31 | $1,104,702 |
| Income. Interest from corporate debt instruments | 2021-12-31 | $1,691,084 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $4,134,454 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $3,919,133 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $3,919,133 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $1,796 |
| Asset value of US Government securities at end of year | 2021-12-31 | $70,521,166 |
| Asset value of US Government securities at beginning of year | 2021-12-31 | $60,722,475 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $-45,089 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Income. Dividends from common stock | 2021-12-31 | $957,373 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $7,288,234 |
| Asset. Corporate debt instrument debt (other) at end of year | 2021-12-31 | $64,714,861 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2021-12-31 | $51,410,364 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2021-12-31 | $57,986,773 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2021-12-31 | $94,433,895 |
| Did the plan have assets held for investment | 2021-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
| Aggregate proceeds on sale of assets | 2021-12-31 | $85,838,716 |
| Aggregate carrying amount (costs) on sale of assets | 2021-12-31 | $78,389,207 |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | KPMG |
| Accountancy firm EIN | 2021-12-31 | 135565207 |
| 2020 : VALLEY NATIONAL BANK PENSION PLAN 2020 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2020-12-31 | $20,906,894 |
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $20,906,894 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total income from all sources (including contributions) | 2020-12-31 | $30,994,189 |
| Total loss/gain on sale of assets | 2020-12-31 | $-2,151,955 |
| Total of all expenses incurred | 2020-12-31 | $6,964,550 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $6,956,643 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $0 |
| Value of total assets at end of year | 2020-12-31 | $260,651,112 |
| Value of total assets at beginning of year | 2020-12-31 | $236,621,473 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $7,907 |
| Total interest from all sources | 2020-12-31 | $2,639,990 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $2,951,301 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $1,834,612 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $40,000,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $622,648 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-12-31 | $640,906 |
| Administrative expenses (other) incurred | 2020-12-31 | $7,907 |
| Total non interest bearing cash at end of year | 2020-12-31 | $1,500,791 |
| Total non interest bearing cash at beginning of year | 2020-12-31 | $1,083,210 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Value of net income/loss | 2020-12-31 | $24,029,639 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $260,651,112 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $236,621,473 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $48,041,806 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $42,118,314 |
| Income. Interest from US Government securities | 2020-12-31 | $1,022,443 |
| Income. Interest from corporate debt instruments | 2020-12-31 | $1,595,976 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $3,919,133 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-12-31 | $7,929,883 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-12-31 | $7,929,883 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $21,571 |
| Asset value of US Government securities at end of year | 2020-12-31 | $60,722,475 |
| Asset value of US Government securities at beginning of year | 2020-12-31 | $57,995,626 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $6,647,959 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
| Income. Dividends from common stock | 2020-12-31 | $1,116,689 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $6,956,643 |
| Asset. Corporate debt instrument debt (other) at end of year | 2020-12-31 | $51,410,364 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2020-12-31 | $51,221,005 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2020-12-31 | $94,433,895 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2020-12-31 | $75,632,529 |
| Did the plan have assets held for investment | 2020-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
| Aggregate proceeds on sale of assets | 2020-12-31 | $33,218,484 |
| Aggregate carrying amount (costs) on sale of assets | 2020-12-31 | $35,370,439 |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Unqualified |
| Accountancy firm name | 2020-12-31 | KPMG |
| Accountancy firm EIN | 2020-12-31 | 135565207 |
| 2019 : VALLEY NATIONAL BANK PENSION PLAN 2019 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2019-12-31 | $16,586,661 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2019-12-31 | $16,586,661 |
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $16,586,661 |
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $16,586,661 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total income from all sources (including contributions) | 2019-12-31 | $32,842,656 |
| Total income from all sources (including contributions) | 2019-12-31 | $32,842,656 |
| Total loss/gain on sale of assets | 2019-12-31 | $5,026,982 |
| Total loss/gain on sale of assets | 2019-12-31 | $5,026,982 |
| Total of all expenses incurred | 2019-12-31 | $6,729,216 |
| Total of all expenses incurred | 2019-12-31 | $6,729,216 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $6,722,029 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $6,722,029 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $0 |
| Value of total assets at end of year | 2019-12-31 | $236,621,473 |
| Value of total assets at end of year | 2019-12-31 | $236,621,473 |
| Value of total assets at beginning of year | 2019-12-31 | $210,508,033 |
| Value of total assets at beginning of year | 2019-12-31 | $210,508,033 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $7,187 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $7,187 |
| Total interest from all sources | 2019-12-31 | $2,649,917 |
| Total interest from all sources | 2019-12-31 | $2,649,917 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $2,927,138 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $2,927,138 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $1,771,869 |
| Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $1,771,869 |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $40,000,000 |
| Value of fidelity bond cover | 2019-12-31 | $40,000,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-12-31 | $640,906 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-12-31 | $640,906 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-12-31 | $660,618 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-12-31 | $660,618 |
| Administrative expenses (other) incurred | 2019-12-31 | $7,187 |
| Administrative expenses (other) incurred | 2019-12-31 | $7,187 |
| Total non interest bearing cash at end of year | 2019-12-31 | $1,083,210 |
| Total non interest bearing cash at end of year | 2019-12-31 | $1,083,210 |
| Total non interest bearing cash at beginning of year | 2019-12-31 | $1,097,418 |
| Total non interest bearing cash at beginning of year | 2019-12-31 | $1,097,418 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Value of net income/loss | 2019-12-31 | $26,113,440 |
| Value of net income/loss | 2019-12-31 | $26,113,440 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $236,621,473 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $236,621,473 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $210,508,033 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $210,508,033 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $42,118,314 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $42,118,314 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $37,178,415 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $37,178,415 |
| Income. Interest from US Government securities | 2019-12-31 | $1,065,462 |
| Income. Interest from US Government securities | 2019-12-31 | $1,065,462 |
| Income. Interest from corporate debt instruments | 2019-12-31 | $1,544,483 |
| Income. Interest from corporate debt instruments | 2019-12-31 | $1,544,483 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $7,929,883 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $7,929,883 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $6,331,864 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $6,331,864 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $6,331,864 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $6,331,864 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $39,972 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $39,972 |
| Asset value of US Government securities at end of year | 2019-12-31 | $57,995,626 |
| Asset value of US Government securities at end of year | 2019-12-31 | $57,995,626 |
| Asset value of US Government securities at beginning of year | 2019-12-31 | $55,789,908 |
| Asset value of US Government securities at beginning of year | 2019-12-31 | $55,789,908 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $5,651,958 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $5,651,958 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Income. Dividends from common stock | 2019-12-31 | $1,155,269 |
| Income. Dividends from common stock | 2019-12-31 | $1,155,269 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $6,722,029 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $6,722,029 |
| Asset. Corporate debt instrument debt (other) at end of year | 2019-12-31 | $51,221,005 |
| Asset. Corporate debt instrument debt (other) at end of year | 2019-12-31 | $51,221,005 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2019-12-31 | $50,003,216 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2019-12-31 | $50,003,216 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2019-12-31 | $75,632,529 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2019-12-31 | $75,632,529 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2019-12-31 | $59,446,594 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2019-12-31 | $59,446,594 |
| Did the plan have assets held for investment | 2019-12-31 | Yes |
| Did the plan have assets held for investment | 2019-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Aggregate proceeds on sale of assets | 2019-12-31 | $32,507,362 |
| Aggregate proceeds on sale of assets | 2019-12-31 | $32,507,362 |
| Aggregate carrying amount (costs) on sale of assets | 2019-12-31 | $27,480,380 |
| Aggregate carrying amount (costs) on sale of assets | 2019-12-31 | $27,480,380 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Unqualified |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Unqualified |
| Accountancy firm name | 2019-12-31 | KPMG |
| Accountancy firm name | 2019-12-31 | KPMG |
| Accountancy firm EIN | 2019-12-31 | 135565207 |
| Accountancy firm EIN | 2019-12-31 | 135565207 |
| 2018 : VALLEY NATIONAL BANK PENSION PLAN 2018 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2018-12-31 | $-5,017,549 |
| Total unrealized appreciation/depreciation of assets | 2018-12-31 | $-5,017,549 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
| Total income from all sources (including contributions) | 2018-12-31 | $-5,521,129 |
| Total loss/gain on sale of assets | 2018-12-31 | $-622,175 |
| Total of all expenses incurred | 2018-12-31 | $6,094,267 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $6,071,070 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $0 |
| Value of total assets at end of year | 2018-12-31 | $210,508,033 |
| Value of total assets at beginning of year | 2018-12-31 | $222,123,429 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $23,197 |
| Total interest from all sources | 2018-12-31 | $2,185,320 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $1,875,531 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2018-12-31 | $558,545 |
| Assets. Corporate prefeered stocks other than exployer securities at end of year | 2018-12-31 | $0 |
| Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2018-12-31 | $453,249 |
| Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
| Value of fidelity bond cover | 2018-12-31 | $15,000,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2018-12-31 | $660,618 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2018-12-31 | $992,909 |
| Other income not declared elsewhere | 2018-12-31 | $3,151 |
| Administrative expenses (other) incurred | 2018-12-31 | $23,197 |
| Total non interest bearing cash at end of year | 2018-12-31 | $1,097,418 |
| Total non interest bearing cash at beginning of year | 2018-12-31 | $365,061 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Value of net income/loss | 2018-12-31 | $-11,615,396 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $210,508,033 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $222,123,429 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $37,178,415 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $48,814,195 |
| Income. Interest from US Government securities | 2018-12-31 | $121,623 |
| Income. Interest from corporate debt instruments | 2018-12-31 | $2,055,332 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2018-12-31 | $6,331,864 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2018-12-31 | $9,156,295 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2018-12-31 | $9,156,295 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2018-12-31 | $8,365 |
| Asset value of US Government securities at end of year | 2018-12-31 | $55,789,908 |
| Asset value of US Government securities at beginning of year | 2018-12-31 | $30,532,860 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-3,945,407 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
| Income. Dividends from common stock | 2018-12-31 | $1,316,986 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $6,071,070 |
| Asset. Corporate debt instrument debt (other) at end of year | 2018-12-31 | $50,003,216 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2018-12-31 | $47,470,938 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2018-12-31 | $59,446,594 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2018-12-31 | $84,337,922 |
| Did the plan have assets held for investment | 2018-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
| Aggregate proceeds on sale of assets | 2018-12-31 | $64,579,554 |
| Aggregate carrying amount (costs) on sale of assets | 2018-12-31 | $65,201,729 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Unqualified |
| Accountancy firm name | 2018-12-31 | KPMG |
| Accountancy firm EIN | 2018-12-31 | 135565207 |
| 2017 : VALLEY NATIONAL BANK PENSION PLAN 2017 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2017-12-31 | $6,163,982 |
| Total unrealized appreciation/depreciation of assets | 2017-12-31 | $6,163,982 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
| Total income from all sources (including contributions) | 2017-12-31 | $21,467,955 |
| Total loss/gain on sale of assets | 2017-12-31 | $-76,469 |
| Total of all expenses incurred | 2017-12-31 | $5,983,157 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $5,983,157 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $0 |
| Value of total assets at end of year | 2017-12-31 | $222,123,429 |
| Value of total assets at beginning of year | 2017-12-31 | $206,638,631 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $0 |
| Total interest from all sources | 2017-12-31 | $2,372,449 |
| Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $2,715,091 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2017-12-31 | $1,075,670 |
| Assets. Corporate prefeered stocks other than exployer securities at end of year | 2017-12-31 | $453,249 |
| Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2017-12-31 | $566,750 |
| Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
| Value of fidelity bond cover | 2017-12-31 | $15,000,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2017-12-31 | $992,909 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2017-12-31 | $605,418 |
| Other income not declared elsewhere | 2017-12-31 | $18,724 |
| Total non interest bearing cash at end of year | 2017-12-31 | $365,061 |
| Total non interest bearing cash at beginning of year | 2017-12-31 | $16,617 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Value of net income/loss | 2017-12-31 | $15,484,798 |
| Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $222,123,429 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $206,638,631 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $48,814,195 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $38,974,803 |
| Income. Interest from US Government securities | 2017-12-31 | $292,135 |
| Income. Interest from corporate debt instruments | 2017-12-31 | $2,080,314 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2017-12-31 | $9,156,295 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2017-12-31 | $10,385,444 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2017-12-31 | $10,385,444 |
| Asset value of US Government securities at end of year | 2017-12-31 | $30,532,860 |
| Asset value of US Government securities at beginning of year | 2017-12-31 | $25,254,728 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $10,274,178 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
| Income. Dividends from preferred stock | 2017-12-31 | $27,478 |
| Income. Dividends from common stock | 2017-12-31 | $1,611,943 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $5,983,157 |
| Asset. Corporate debt instrument debt (other) at end of year | 2017-12-31 | $47,470,938 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2017-12-31 | $43,152,074 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2017-12-31 | $84,337,922 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2017-12-31 | $87,682,797 |
| Did the plan have assets held for investment | 2017-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
| Aggregate proceeds on sale of assets | 2017-12-31 | $38,823,332 |
| Aggregate carrying amount (costs) on sale of assets | 2017-12-31 | $38,899,801 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Unqualified |
| Accountancy firm name | 2017-12-31 | KPMG |
| Accountancy firm EIN | 2017-12-31 | 135565207 |
| 2016 : VALLEY NATIONAL BANK PENSION PLAN 2016 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2016-12-31 | $16,077,464 |
| Total unrealized appreciation/depreciation of assets | 2016-12-31 | $16,077,464 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
| Total income from all sources (including contributions) | 2016-12-31 | $22,424,481 |
| Total loss/gain on sale of assets | 2016-12-31 | $-185,333 |
| Total of all expenses incurred | 2016-12-31 | $5,199,610 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $5,199,610 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $0 |
| Value of total assets at end of year | 2016-12-31 | $206,638,631 |
| Value of total assets at beginning of year | 2016-12-31 | $189,413,760 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $0 |
| Total interest from all sources | 2016-12-31 | $1,923,575 |
| Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $2,553,562 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2016-12-31 | $1,083,375 |
| Assets. Corporate prefeered stocks other than exployer securities at end of year | 2016-12-31 | $566,750 |
| Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2016-12-31 | $912,963 |
| Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
| Value of fidelity bond cover | 2016-12-31 | $15,000,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2016-12-31 | $605,418 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2016-12-31 | $607,107 |
| Other income not declared elsewhere | 2016-12-31 | $2,017 |
| Total non interest bearing cash at end of year | 2016-12-31 | $16,617 |
| Total non interest bearing cash at beginning of year | 2016-12-31 | $639,548 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Value of net income/loss | 2016-12-31 | $17,224,871 |
| Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $206,638,631 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $189,413,760 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-12-31 | $38,974,803 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $36,051,444 |
| Income. Interest from US Government securities | 2016-12-31 | $265,600 |
| Income. Interest from corporate debt instruments | 2016-12-31 | $1,657,975 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2016-12-31 | $10,385,444 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2016-12-31 | $11,273,214 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2016-12-31 | $11,273,214 |
| Asset value of US Government securities at end of year | 2016-12-31 | $25,254,728 |
| Asset value of US Government securities at beginning of year | 2016-12-31 | $22,478,486 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-12-31 | $2,053,196 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
| Income. Dividends from preferred stock | 2016-12-31 | $41,712 |
| Income. Dividends from common stock | 2016-12-31 | $1,428,475 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $5,199,610 |
| Asset. Corporate debt instrument debt (other) at end of year | 2016-12-31 | $43,152,074 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2016-12-31 | $41,786,460 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2016-12-31 | $87,682,797 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2016-12-31 | $75,664,538 |
| Did the plan have assets held for investment | 2016-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
| Aggregate proceeds on sale of assets | 2016-12-31 | $37,678,829 |
| Aggregate carrying amount (costs) on sale of assets | 2016-12-31 | $37,864,162 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Unqualified |
| Accountancy firm name | 2016-12-31 | KPMG |
| Accountancy firm EIN | 2016-12-31 | 135565207 |
| 2015 : VALLEY NATIONAL BANK PENSION PLAN 2015 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2015-12-31 | $-753,297 |
| Total unrealized appreciation/depreciation of assets | 2015-12-31 | $-753,297 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
| Total income from all sources (including contributions) | 2015-12-31 | $2,875,174 |
| Total loss/gain on sale of assets | 2015-12-31 | $-837,655 |
| Total of all expenses incurred | 2015-12-31 | $8,106,979 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $8,106,979 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $0 |
| Value of total assets at end of year | 2015-12-31 | $189,413,760 |
| Value of total assets at beginning of year | 2015-12-31 | $194,645,565 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $0 |
| Total interest from all sources | 2015-12-31 | $2,121,181 |
| Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $2,775,555 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2015-12-31 | $1,304,788 |
| Assets. Corporate prefeered stocks other than exployer securities at end of year | 2015-12-31 | $912,963 |
| Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2015-12-31 | $335,831 |
| Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
| Value of fidelity bond cover | 2015-12-31 | $15,000,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2015-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2015-12-31 | $607,107 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2015-12-31 | $651,302 |
| Other income not declared elsewhere | 2015-12-31 | $15,173 |
| Total non interest bearing cash at end of year | 2015-12-31 | $639,548 |
| Total non interest bearing cash at beginning of year | 2015-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
| Value of net income/loss | 2015-12-31 | $-5,231,805 |
| Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $189,413,760 |
| Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $194,645,565 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2015-12-31 | $36,051,444 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $35,709,307 |
| Income. Interest from US Government securities | 2015-12-31 | $298,406 |
| Income. Interest from corporate debt instruments | 2015-12-31 | $1,822,775 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2015-12-31 | $11,273,214 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2015-12-31 | $12,895,570 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2015-12-31 | $12,895,570 |
| Asset value of US Government securities at end of year | 2015-12-31 | $22,478,486 |
| Asset value of US Government securities at beginning of year | 2015-12-31 | $22,465,317 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2015-12-31 | $-445,783 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
| Income. Dividends from preferred stock | 2015-12-31 | $35,032 |
| Income. Dividends from common stock | 2015-12-31 | $1,435,735 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $8,106,979 |
| Asset. Corporate debt instrument debt (other) at end of year | 2015-12-31 | $41,786,460 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2015-12-31 | $42,749,743 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2015-12-31 | $75,664,538 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2015-12-31 | $79,838,495 |
| Did the plan have assets held for investment | 2015-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
| Aggregate proceeds on sale of assets | 2015-12-31 | $33,669,521 |
| Aggregate carrying amount (costs) on sale of assets | 2015-12-31 | $34,507,176 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Unqualified |
| Accountancy firm name | 2015-12-31 | KPMG |
| Accountancy firm EIN | 2015-12-31 | 135565207 |
| 2014 : VALLEY NATIONAL BANK PENSION PLAN 2014 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2014-12-31 | $10,212,680 |
| Total unrealized appreciation/depreciation of assets | 2014-12-31 | $10,212,680 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
| Total income from all sources (including contributions) | 2014-12-31 | $13,813,196 |
| Total loss/gain on sale of assets | 2014-12-31 | $-3,363,510 |
| Total of all expenses incurred | 2014-12-31 | $4,077,415 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $4,077,415 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $0 |
| Value of total assets at end of year | 2014-12-31 | $194,645,565 |
| Value of total assets at beginning of year | 2014-12-31 | $184,909,784 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $0 |
| Total interest from all sources | 2014-12-31 | $2,367,482 |
| Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $2,980,744 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2014-12-31 | $1,447,994 |
| Assets. Corporate prefeered stocks other than exployer securities at end of year | 2014-12-31 | $335,831 |
| Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2014-12-31 | $196,410 |
| Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
| Value of fidelity bond cover | 2014-12-31 | $5,000,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2014-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2014-12-31 | $651,302 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2014-12-31 | $703,904 |
| Other income not declared elsewhere | 2014-12-31 | $37,491 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
| Value of net income/loss | 2014-12-31 | $9,735,781 |
| Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $194,645,565 |
| Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $184,909,784 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2014-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2014-12-31 | $35,709,307 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-12-31 | $33,689,959 |
| Income. Interest from US Government securities | 2014-12-31 | $401,161 |
| Income. Interest from corporate debt instruments | 2014-12-31 | $1,966,321 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2014-12-31 | $12,895,570 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2014-12-31 | $9,939,354 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2014-12-31 | $9,939,354 |
| Asset value of US Government securities at end of year | 2014-12-31 | $22,465,317 |
| Asset value of US Government securities at beginning of year | 2014-12-31 | $20,952,856 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2014-12-31 | $1,578,309 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2014-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2014-12-31 | No |
| Income. Dividends from preferred stock | 2014-12-31 | $9,375 |
| Income. Dividends from common stock | 2014-12-31 | $1,523,375 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $4,077,415 |
| Asset. Corporate debt instrument debt (other) at end of year | 2014-12-31 | $42,749,743 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2014-12-31 | $41,862,502 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2014-12-31 | $79,838,495 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2014-12-31 | $77,564,799 |
| Did the plan have assets held for investment | 2014-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-12-31 | No |
| Aggregate proceeds on sale of assets | 2014-12-31 | $37,016,643 |
| Aggregate carrying amount (costs) on sale of assets | 2014-12-31 | $40,380,153 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Unqualified |
| Accountancy firm name | 2014-12-31 | KPMG |
| Accountancy firm EIN | 2014-12-31 | 135565207 |
| 2013 : VALLEY NATIONAL BANK PENSION PLAN 2013 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2013-12-31 | $10,928,487 |
| Total unrealized appreciation/depreciation of assets | 2013-12-31 | $10,928,487 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
| Total income from all sources (including contributions) | 2013-12-31 | $49,721,794 |
| Total loss/gain on sale of assets | 2013-12-31 | $5,736,646 |
| Total of all expenses incurred | 2013-12-31 | $3,669,030 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $3,669,030 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $25,000,000 |
| Value of total assets at end of year | 2013-12-31 | $184,909,784 |
| Value of total assets at beginning of year | 2013-12-31 | $138,857,020 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $0 |
| Total interest from all sources | 2013-12-31 | $2,162,083 |
| Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $2,736,052 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2013-12-31 | $1,119,871 |
| Assets. Corporate prefeered stocks other than exployer securities at end of year | 2013-12-31 | $196,410 |
| Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2013-12-31 | $0 |
| Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
| Value of fidelity bond cover | 2013-12-31 | $5,000,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2013-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2013-12-31 | $703,904 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2013-12-31 | $526,108 |
| Other income not declared elsewhere | 2013-12-31 | $31,573 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
| Value of net income/loss | 2013-12-31 | $46,052,764 |
| Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $184,909,784 |
| Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $138,857,020 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2013-12-31 | $33,689,959 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-12-31 | $13,544,931 |
| Income. Interest from US Government securities | 2013-12-31 | $337,393 |
| Income. Interest from corporate debt instruments | 2013-12-31 | $1,824,690 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2013-12-31 | $9,939,354 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2013-12-31 | $12,354,677 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2013-12-31 | $12,354,677 |
| Asset value of US Government securities at end of year | 2013-12-31 | $20,952,856 |
| Asset value of US Government securities at beginning of year | 2013-12-31 | $14,863,692 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2013-12-31 | $3,126,953 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
| Assets. Invements in employer securities at end of year | 2013-12-31 | $0 |
| Assets. Invements in employer securities at beginning of year | 2013-12-31 | $1,474,570 |
| Contributions received in cash from employer | 2013-12-31 | $25,000,000 |
| Income. Dividends from preferred stock | 2013-12-31 | $124,555 |
| Income. Dividends from common stock | 2013-12-31 | $1,491,626 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $3,669,030 |
| Asset. Corporate debt instrument debt (other) at end of year | 2013-12-31 | $41,862,502 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2013-12-31 | $28,153,660 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2013-12-31 | $77,564,799 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2013-12-31 | $67,939,382 |
| Did the plan have assets held for investment | 2013-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
| Aggregate proceeds on sale of assets | 2013-12-31 | $35,962,140 |
| Aggregate carrying amount (costs) on sale of assets | 2013-12-31 | $30,225,494 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Unqualified |
| Accountancy firm name | 2013-12-31 | KPMG |
| Accountancy firm EIN | 2013-12-31 | 135565207 |
| 2012 : VALLEY NATIONAL BANK PENSION PLAN 2012 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2012-12-31 | $6,729,617 |
| Total unrealized appreciation/depreciation of assets | 2012-12-31 | $6,729,617 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
| Total income from all sources (including contributions) | 2012-12-31 | $46,516,243 |
| Total loss/gain on sale of assets | 2012-12-31 | $156,067 |
| Total of all expenses incurred | 2012-12-31 | $3,404,988 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $3,404,988 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $35,000,000 |
| Value of total assets at end of year | 2012-12-31 | $138,857,020 |
| Value of total assets at beginning of year | 2012-12-31 | $95,745,765 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $0 |
| Total interest from all sources | 2012-12-31 | $1,529,371 |
| Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $1,927,138 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2012-12-31 | $380,329 |
| Assets. Corporate prefeered stocks other than exployer securities at end of year | 2012-12-31 | $0 |
| Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2012-12-31 | $92,080 |
| Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
| Value of fidelity bond cover | 2012-12-31 | $5,000,000 |
| If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2012-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2012-12-31 | $526,108 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2012-12-31 | $309,233 |
| Other income not declared elsewhere | 2012-12-31 | $10,820 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
| Value of net income/loss | 2012-12-31 | $43,111,255 |
| Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $138,857,020 |
| Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $95,745,765 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2012-12-31 | $13,544,931 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-12-31 | $10,360,167 |
| Income. Interest from US Government securities | 2012-12-31 | $1,529,371 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2012-12-31 | $12,354,677 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2012-12-31 | $6,353,568 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2012-12-31 | $6,353,568 |
| Asset value of US Government securities at end of year | 2012-12-31 | $14,863,692 |
| Asset value of US Government securities at beginning of year | 2012-12-31 | $18,837,876 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-12-31 | $1,163,230 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
| Assets. Invements in employer securities at end of year | 2012-12-31 | $1,474,570 |
| Assets. Invements in employer securities at beginning of year | 2012-12-31 | $1,603,314 |
| Contributions received in cash from employer | 2012-12-31 | $35,000,000 |
| Income. Dividends from preferred stock | 2012-12-31 | $249,547 |
| Income. Dividends from common stock | 2012-12-31 | $1,297,262 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $3,404,988 |
| Asset. Corporate debt instrument debt (other) at end of year | 2012-12-31 | $28,153,660 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2012-12-31 | $11,743,359 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2012-12-31 | $67,939,382 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2012-12-31 | $46,446,168 |
| Did the plan have assets held for investment | 2012-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
| Aggregate proceeds on sale of assets | 2012-12-31 | $24,257,226 |
| Aggregate carrying amount (costs) on sale of assets | 2012-12-31 | $24,101,159 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Unqualified |
| Accountancy firm name | 2012-12-31 | KPMG |
| Accountancy firm EIN | 2012-12-31 | 135565207 |
| 2011 : VALLEY NATIONAL BANK PENSION PLAN 2011 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2011-12-31 | $1,228,331 |
| Total unrealized appreciation/depreciation of assets | 2011-12-31 | $1,228,331 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
| Total income from all sources (including contributions) | 2011-12-31 | $7,167,796 |
| Total loss/gain on sale of assets | 2011-12-31 | $-1,034,921 |
| Total of all expenses incurred | 2011-12-31 | $3,358,963 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $3,358,963 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $5,000,000 |
| Value of total assets at end of year | 2011-12-31 | $95,745,765 |
| Value of total assets at beginning of year | 2011-12-31 | $91,936,932 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $0 |
| Total interest from all sources | 2011-12-31 | $999,641 |
| Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $1,183,563 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2011-12-31 | $126,246 |
| Assets. Corporate prefeered stocks other than exployer securities at end of year | 2011-12-31 | $92,080 |
| Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2011-12-31 | $265,800 |
| Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
| Value of fidelity bond cover | 2011-12-31 | $5,000,000 |
| If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2011-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2011-12-31 | $309,233 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2011-12-31 | $298,802 |
| Other income not declared elsewhere | 2011-12-31 | $1,783 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
| Value of net income/loss | 2011-12-31 | $3,808,833 |
| Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $95,745,765 |
| Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $91,936,932 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2011-12-31 | $10,360,167 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-12-31 | $9,491,282 |
| Income. Interest from US Government securities | 2011-12-31 | $999,641 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2011-12-31 | $6,353,568 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2011-12-31 | $2,153,256 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2011-12-31 | $2,153,256 |
| Asset value of US Government securities at end of year | 2011-12-31 | $18,837,876 |
| Asset value of US Government securities at beginning of year | 2011-12-31 | $17,445,846 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2011-12-31 | $-210,601 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
| Assets. Invements in employer securities at end of year | 2011-12-31 | $1,603,314 |
| Assets. Invements in employer securities at beginning of year | 2011-12-31 | $1,615,864 |
| Contributions received in cash from employer | 2011-12-31 | $5,000,000 |
| Employer contributions (assets) at beginning of year | 2011-12-31 | $8,000,000 |
| Income. Dividends from preferred stock | 2011-12-31 | $232,687 |
| Income. Dividends from common stock | 2011-12-31 | $824,630 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $3,358,963 |
| Asset. Corporate debt instrument debt (other) at end of year | 2011-12-31 | $11,743,359 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2011-12-31 | $11,340,218 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2011-12-31 | $46,446,168 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2011-12-31 | $41,325,864 |
| Did the plan have assets held for investment | 2011-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
| Aggregate proceeds on sale of assets | 2011-12-31 | $18,553,580 |
| Aggregate carrying amount (costs) on sale of assets | 2011-12-31 | $19,588,501 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Unqualified |
| Accountancy firm name | 2011-12-31 | KPMG |
| Accountancy firm EIN | 2011-12-31 | 135565207 |
| 2010 : VALLEY NATIONAL BANK PENSION PLAN 2010 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2010-12-31 | $4,696,441 |
| Total unrealized appreciation/depreciation of assets | 2010-12-31 | $4,696,441 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
| Total income from all sources (including contributions) | 2010-12-31 | $20,730,243 |
| Total loss/gain on sale of assets | 2010-12-31 | $-215,532 |
| Total of all expenses incurred | 2010-12-31 | $2,798,736 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $2,798,736 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $13,000,000 |
| Value of total assets at end of year | 2010-12-31 | $91,936,932 |
| Value of total assets at beginning of year | 2010-12-31 | $74,005,425 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $0 |
| Total interest from all sources | 2010-12-31 | $1,182,695 |
| Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $901,269 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2010-12-31 | $100,245 |
| Assets. Corporate prefeered stocks other than exployer securities at end of year | 2010-12-31 | $265,800 |
| Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2010-12-31 | $99,595 |
| Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
| Value of fidelity bond cover | 2010-12-31 | $5,000,000 |
| If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2010-12-31 | $298,802 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2010-12-31 | $408,294 |
| Other income not declared elsewhere | 2010-12-31 | $3,863 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
| Value of net income/loss | 2010-12-31 | $17,931,507 |
| Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $91,936,932 |
| Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $74,005,425 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2010-12-31 | $9,491,282 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2010-12-31 | $7,463,193 |
| Income. Interest from US Government securities | 2010-12-31 | $1,182,695 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2010-12-31 | $2,153,256 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2010-12-31 | $2,915,056 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2010-12-31 | $2,915,056 |
| Asset value of US Government securities at end of year | 2010-12-31 | $17,445,846 |
| Asset value of US Government securities at beginning of year | 2010-12-31 | $15,912,365 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2010-12-31 | $1,161,507 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
| Assets. Invements in employer securities at end of year | 2010-12-31 | $1,615,864 |
| Assets. Invements in employer securities at beginning of year | 2010-12-31 | $1,557,510 |
| Contributions received in cash from employer | 2010-12-31 | $13,000,000 |
| Employer contributions (assets) at end of year | 2010-12-31 | $8,000,000 |
| Income. Dividends from preferred stock | 2010-12-31 | $130,591 |
| Income. Dividends from common stock | 2010-12-31 | $670,433 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $2,798,736 |
| Asset. Corporate debt instrument preferred debt at end of year | 2010-12-31 | $0 |
| Asset. Corporate debt instrument preferred debt at beginning of year | 2010-12-31 | $0 |
| Asset. Corporate debt instrument debt (other) at end of year | 2010-12-31 | $11,340,218 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2010-12-31 | $13,888,978 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2010-12-31 | $41,325,864 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2010-12-31 | $31,760,434 |
| Did the plan have assets held for investment | 2010-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
| Aggregate proceeds on sale of assets | 2010-12-31 | $12,950,497 |
| Aggregate carrying amount (costs) on sale of assets | 2010-12-31 | $13,166,029 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Unqualified |
| Accountancy firm name | 2010-12-31 | KPMG |
| Accountancy firm EIN | 2010-12-31 | 135565207 |
| 2009 : VALLEY NATIONAL BANK PENSION PLAN 2009 401k financial data |
|---|
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-12-31 | $0 |
