Valley National Bancorp (VLY) 10-Q 8 Aug 14 2014 Q2 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	6 Months Ended
	Jun. 30, 2014	Aug. 07, 2014
Document And Entity Information [Abstract]	'	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	30-Jun-14	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q2	'
Trading Symbol	'VLY	'
Entity Registrant Name	'VALLEY NATIONAL BANCORP	'
Entity Central Index Key	'0000714310	'
Current Fiscal Year End Date	'--12-31	'
Entity Filer Category	'Large Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	200,585,104

Consolidated_Statements_of_Fin

Consolidated Statements of Financial Condition (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Assets	'	'
Cash and due from banks	$266,101	$234,253
Interest bearing deposits with banks	40,580	134,915
Investment securities:	'	'
Held to maturity (fair value of $1,854,121 at June 30, 2014 and $1,711,427 at December 31, 2013)	1,826,143	1,731,737
Available for sale	783,205	829,692
Trading securities	14,221	14,264
Total investment securities	2,623,569	2,575,693
Loans held for sale, at fair value	16,068	10,488
Non-covered loans	11,750,875	11,471,447
Covered loans	62,553	96,165
Less: Allowance for loan losses	-103,053	-113,617
Net loans	11,710,375	11,453,995
Premises and equipment, net	273,746	270,138
Bank owned life insurance	347,045	344,023
Accrued interest receivable	53,650	53,964
Due from customers on acceptances outstanding	5,162	5,032
FDIC loss-share receivable	20,687	32,757
Goodwill	428,234	428,234
Other intangible assets, net	32,135	36,130
Other assets	518,615	576,919
Total Assets	16,335,967	16,156,541
Liabilities	'	'
Non-interest bearing	3,581,435	3,717,271
Interest bearing:	'	'
Savings, NOW and money market	5,643,128	5,422,722
Time	2,191,489	2,179,269
Total deposits	11,416,052	11,319,262
Short-term borrowings	354,230	281,455
Long-term borrowings	2,797,986	2,792,306
Junior subordinated debentures issued to capital trusts	41,171	41,089
Bank acceptances outstanding	5,162	5,032
Accrued expenses and other liabilities	147,710	176,357
Total Liabilities	14,762,311	14,615,501
Shareholders’ Equity	'	'
Preferred stock (no par value, authorized 30,000,000 shares; none issued)	0	0
Common stock (no par value, authorized 232,023,233 shares; issued 200,477,484 shares at June 30, 2014 and 199,629,268 shares at December 31, 2013)	70,116	69,941
Surplus	1,408,325	1,403,375
Retained earnings	125,614	106,340
Accumulated other comprehensive loss	-30,297	-38,252
Treasury stock, at cost (10,183 common shares at June 30, 2014 and 36,159 common shares at December 31, 2013)	-102	-364
Total Shareholders’ Equity	1,573,656	1,541,040
Total Liabilities and Shareholders’ Equity	$16,335,967	$16,156,541

Consolidated_Statements_of_Fin1

Consolidated Statements of Financial Condition (Parenthetical) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, except Share data, unless otherwise specified
Statement of Financial Position [Abstract]	'	'
Held to maturity, fair value	$1,854,121	$1,711,427
Loans held for sale, fair value	'	$0
Preferred stock, par value	'	'
Preferred stock, shares authorized	30,000,000	30,000,000
Preferred stock, shares issued	0	0
Common stock, par value	'	'
Common stock, shares authorized	232,023,233	232,023,233
Common stock, shares issued	200,477,484	199,629,268
Treasury stock, shares	10,183	36,159

Consolidated_Statements_of_Inc

Consolidated Statements of Income (USD $)	3 Months Ended		6 Months Ended
In Thousands, except Share data, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Interest Income	'	'	'	'
Interest and fees on loans	$136,338	$133,966	$267,417	$266,965
Interest and dividends on investment securities:	'	'	'	'
Taxable	15,709	12,925	32,165	27,414
Tax-exempt	3,700	3,673	7,386	7,322
Dividends	1,390	1,504	3,180	3,184
Interest on federal funds sold and other short-term investments	27	302	54	518
Total interest income	157,164	152,370	310,202	305,403
Interest Expense	'	'	'	'
Savings, NOW and money market	4,530	4,369	8,811	9,071
Time	6,683	7,794	13,215	15,905
Interest on short-term borrowings	304	140	622	284
Interest on long-term borrowings and junior subordinated debentures	28,228	30,180	56,111	60,220
Total interest expense	39,745	42,483	78,759	85,480
Net Interest Income	117,419	109,887	231,443	219,923
Provision for credit losses	-5,671	2,552	-1,673	4,321
Net Interest Income After Provision for Credit Losses	123,090	107,335	233,116	215,602
Non-Interest Income	'	'	'	'
Trust and investment services	2,244	2,257	4,686	4,234
Insurance commissions	4,491	4,062	8,989	8,052
Service charges on deposit accounts	5,636	5,822	11,387	11,512
Gains (losses) on securities transactions, net	7	41	-1	3,999
Trading losses, net	-34	-270	-43	-2,472
Fees from loan servicing	1,786	1,721	3,456	3,238
Gains on sales of loans, net	679	14,366	1,592	29,426
Gains on sales of assets, net	276	678	128	410
Bank owned life insurance	1,614	1,424	3,022	2,765
Change in FDIC loss-share receivable	-7,711	-2,000	-7,787	-5,175
Other	3,422	4,793	6,503	8,201
Total non-interest income	12,410	32,894	31,932	64,190
Non-Interest Expense	'	'	'	'
Salary and employee benefits expense	47,094	47,733	95,182	98,305
Net occupancy and equipment expense	17,973	18,179	38,697	37,068
FDIC insurance assessment	3,393	5,574	6,680	8,927
Amortization of other intangible assets	2,346	1,927	4,697	3,530
Professional and legal fees	4,384	4,285	8,062	8,177
Advertising	533	1,850	1,150	3,652
Other	18,506	15,798	34,644	31,126
Total non-interest expense	94,229	95,346	189,112	190,785
Income Before Income Taxes	41,271	44,883	75,936	89,007
Income tax expense	11,751	10,961	12,581	23,775
Net Income	$29,520	$33,922	$63,355	$65,232
Earnings Per Common Share:	'	'	'	'
Basic	$0.15	$0.17	$0.32	$0.33
Diluted	$0.15	$0.17	$0.32	$0.33
Cash Dividends Declared per Common Share	$0.11	$0.16	$0.22	$0.33
Weighted Average Number of Common Shares Outstanding:	'	'	'	'
Basic	200,472,592	199,244,243	200,301,438	199,085,501
Diluted	200,472,592	199,244,243	200,301,438	199,085,501

Consolidated_Statements_of_Com

Consolidated Statements of Comprehensive Income (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Statement of Comprehensive Income [Abstract]	'	'	'	'
Net income	$29,520	$33,922	$63,355	$65,232
Other comprehensive income, net of tax:	'	'	'	'
Net gains (losses) arising during the period	7,123	-16,353	14,339	-17,040
Less reclassification adjustment for net (gains) losses included in net income	-4	-25	1	-2,324
Total	7,119	-16,378	14,340	-19,364
Non-credit impairment losses on available for sale securities	'	'	'	'
Net change in non-credit impairment losses on securities	164	2,008	306	6,751
Less reclassification adjustment for accretion of credit impairment losses included in net income	-64	-43	-179	-109
Total	100	1,965	127	6,642
Unrealized gains and losses on derivatives (cash flow hedges)	'	'	'	'
Net (losses) gains on derivatives arising during the period	-4,862	2,036	-8,524	1,959
Less reclassification adjustment for net losses included in net income	973	995	1,938	2,086
Total	-3,889	3,031	-6,586	4,045
Defined benefit pension plan	'	'	'	'
Net gains arising during the period	0	18,784	0	18,769
Amortization of prior service cost	0	133	0	261
Amortization of net loss	37	471	74	936
Recognition of loss due to curtailment	0	468	0	468
Total	37	19,856	74	20,434
Total other comprehensive income	3,367	8,474	7,955	11,757
Total comprehensive income	$32,887	$42,396	$71,310	$76,989

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013
Cash flows from operating activities:	'	'
Net income	$63,355	$65,232
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Depreciation and amortization	10,016	9,886
Stock-based compensation	3,845	3,327
Provision for credit losses	-1,673	4,321
Net amortization of premiums and accretion of discounts on securities and borrowings	13,757	13,332
Amortization of other intangible assets	4,697	3,530
Losses (gains) on securities transactions, net	1	-3,999
Proceeds from sales of loans held for sale	56,579	935,834
Gains on sales of loans, net	-1,592	-29,426
Originations of loans held for sale	-53,568	-846,488
Gains on sales of assets, net	-128	-410
FDIC loss-share receivable (excluding reimbursements)	7,787	5,175
Net change in:	'	'
Trading securities	43	7,987
Fair value of borrowings carried at fair value	0	2,406
Cash surrender value of bank owned life insurance	-3,022	-2,765
Accrued interest receivable	314	-928
Other assets	37,596	38,758
Accrued expenses and other liabilities	-32,852	-27,077
Net cash provided by operating activities	105,155	178,695
Cash flows from investing activities:	'	'
Net loan (originations) repayments	-243,102	287,940
Loans purchased	-26,746	-178,486
Investment securities held to maturity:	'	'
Purchases	-279,718	-436,005
Maturities, calls and principal repayments	185,690	282,888
Investment securities available for sale:	'	'
Purchases	-9,180	-283,736
Sales	0	4,309
Maturities, calls and principal repayments	77,396	104,679
Death benefit proceeds from bank owned life insurance	0	628
Proceeds from sales of real estate property and equipment	10,172	6,574
Purchases of real estate property and equipment	-13,518	-6,828
Reimbursements from (payments to) the FDIC	4,283	-865
Net cash used in investing activities	-294,723	-218,902
Cash flows from financing activities:	'	'
Net change in deposits	96,790	-21,396
Net change in short-term borrowings	72,775	-29,263
Repayments of long-term borrowings	0	-1,000
Cash dividends paid to common shareholders	-43,995	-64,492
Common stock issued, net	1,511	3,583
Net cash provided by (used in) financing activities	127,081	-112,568
Net change in cash and cash equivalents	-62,487	-152,775
Cash and cash equivalents at beginning of year	369,168	853,100
Cash and cash equivalents at end of period	306,681	700,325
Supplemental disclosures of cash flow information:	'	'
Interest on deposits and borrowings	78,549	84,640
Federal and state income taxes	20,102	6,614
Supplemental schedule of non-cash investing activities:	'	'
Transfer of loans to other real estate owned	6,340	13,384
Transfer of loans to loans held for sale	$27,329	$0

Basis_of_Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 2014
Accounting Policies [Abstract]	'
Basis of Presentation	'
	Basis of Presentation
	The unaudited consolidated financial statements of Valley National Bancorp, a New Jersey Corporation (Valley), include the accounts of its commercial bank subsidiary, Valley National Bank (the “Bank”), and all of Valley’s direct or indirect wholly-owned subsidiaries. All inter-company transactions and balances have been eliminated. The accounting and reporting policies of Valley conform to U.S. generally accepted accounting principles (U.S. GAAP) and general practices within the financial services industry. In accordance with applicable accounting standards, Valley does not consolidate statutory trusts established for the sole purpose of issuing trust preferred securities and related trust common securities.
	In the opinion of management, all adjustments (which include only normal recurring adjustments) necessary to present fairly Valley’s financial position, results of operations and cash flows at June 30, 2014 and for all periods presented have been made. The results of operations for the three and six months ended June 30, 2014 are not necessarily indicative of the results to be expected for the entire fiscal year.
	In preparing the unaudited consolidated financial statements in conformity with U.S. GAAP, management has made estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the consolidated statements of financial condition and results of operations for the periods indicated. Material estimates that are particularly susceptible to change are: the allowance for loan losses; the evaluation of goodwill and other intangible assets, and investment securities for impairment; fair value measurements of assets and liabilities; and income taxes. Estimates and assumptions are reviewed periodically and the effects of revisions are reflected in the consolidated financial statements in the period they are deemed necessary. While management uses its best judgment, actual amounts or results could differ significantly from those estimates. The current economic environment has increased the degree of uncertainty inherent in these material estimates.
	Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP and industry practice have been condensed or omitted pursuant to rules and regulations of the SEC. These financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in Valley’s Annual Report on Form 10-K for the year ended December 31, 2013.

Business_Combinations_Notes

Business Combinations (Notes)	6 Months Ended
	Jun. 30, 2014
Business Combinations [Abstract]	'
Business Combinations	'
	Business Combinations
	On May 8, 2014, Valley entered into a merger agreement to acquire 1st United Bancorp, Inc. (“1st United”) (Nasdaq: FUBC) and its wholly-owned subsidiary, 1st United Bank, with approximately $1.7 billion in assets, $1.1 billion in loans, and $1.4 billion in deposits. 1st United has a 21 branch network covering the some of the most attractive urban banking markets in Florida, including locations throughout southeast Florida, the Treasure Coast, central Florida and central Gulf Coast regions. The common shareholders of 1st United will receive 0.89 of a share of Valley common stock for each 1st United share they own, subject to adjustment in the event Valley’s average stock price falls below $8.09 or rises above $12.13 prior to closing. The transaction is valued at an estimated $312 million, based on Valley's closing stock price on May 5, 2014 (and includes the cash consideration that will be paid to 1st United stock option holders). The transaction closing is anticipated in the fourth quarter of 2014, subject to approvals from regulators, 1st United shareholder approval of the merger and Valley shareholder approval of an amendment of its certificate of incorporation to increase its authorized common shares, as well as other customary conditions.

Earnings_Per_Common_Share

Earnings Per Common Share	6 Months Ended
	Jun. 30, 2014
Earnings Per Share [Abstract]	'
Earnings Per Common Share	'
	Earnings Per Common Share
	The following table shows the calculation of both basic and diluted earnings per common share for the three and six months ended June 30, 2014 and 2013:
		Three Months Ended				Six Months Ended
		June 30,				June 30,
		2014		2013		2014		2013
		(in thousands, except for share data)
	Net income	$	29,520	$	33,922	$	63,355	$	65,232
	Basic weighted average number of common shares outstanding	200,472,592		199,244,243		200,301,438		199,085,501
	Diluted weighted average number of common shares outstanding	200,472,592		199,244,243		200,301,438		199,085,501
	Earnings per common share:
	Basic	$	0.15	$	0.17	$	0.32	$	0.33
	Diluted	0.15		0.17		0.32		0.33
	Common stock equivalents represent the effect of outstanding common stock options and warrants to purchase Valley’s common shares, excluding those with exercise prices that exceed the average market price of Valley’s common stock during the periods presented and therefore would have an anti-dilutive effect on the diluted earnings per common share calculation. All of Valley's common stock equivalents were anti-dilutive as of June 30, 2014 and 2013, and therefore excluded from the diluted weighted-average number of shares outstanding presented in the above table. Anti-dilutive common stock options and warrants totaled approximately 6.6 million shares for both the three and six months ended June 30, 2014 and 7.2 million shares for both the three and six months ended June 30, 2013.

Accumulated_Other_Comprehensiv

Accumulated Other Comprehensive Loss	6 Months Ended
	Jun. 30, 2014
Equity [Abstract]	'
Accumulated Other Comprehensive Loss	'
	Accumulated Other Comprehensive Loss
	The following table presents the after-tax changes in the balances of each component of accumulated other comprehensive loss for the three and six months ended June 30, 2014.
		Components of Accumulated Other Comprehensive Loss												Total
														Accumulated
														Other
														Comprehensive
		Unrealized Gains			Non-credit			Unrealized Gains			Defined			Loss
		and (Losses) on			Impairment			and (Losses) on			Benefit
		Available for Sale			Losses on			Derivatives			Pension Plan
		(AFS) Securities			AFS Securities
		(in thousands)
	Balance at March 31, 2014	$	(13,634	)	$	(779	)	$	(8,968	)	$	(10,283	)	$	(33,664	)
	Other comprehensive income before reclassifications	7,123			164			(4,862		)	—			2,425
	Amounts reclassified from other comprehensive income	(4		)	(64		)	973			37			942
	Other comprehensive income, net	7,119			100			(3,889		)	37			3,367
	Balance at June 30, 2014	$	(6,515	)	$	(679	)	$	(12,857	)	$	(10,246	)	$	(30,297	)
	Balance at December 31, 2013	$	(20,855	)	$	(806	)	$	(6,271	)	$	(10,320	)	$	(38,252	)
	Other comprehensive income before reclassifications	14,339			306			(8,524		)	—			6,121
	Amounts reclassified from other comprehensive income	1			(179		)	1,938			74			1,834
	Other comprehensive income, net	14,340			127			(6,586		)	74			7,955
	Balance at June 30, 2014	$	(6,515	)	$	(679	)	$	(12,857	)	$	(10,246	)	$	(30,297	)
	The following table presents amounts reclassified from each component of accumulated other comprehensive loss on a gross and net of tax basis for the three and six months ended June 30, 2014 and 2013.
		Amounts Reclassified from
		Accumulated Other Comprehensive Loss
		Three Months Ended June 30,						Six Months Ended
								June 30,
	Components of Accumulated Other Comprehensive Loss	2014			2013			2014			2013			Income Statement
														Line Item
		(in thousands)
	Unrealized gains (losses) on AFS securities before tax	$	7		$	41		$	(1	)	$	3,999		Gains (losses) on securities transactions, net
	Tax effect	(3		)	(16		)	—			(1,675		)
	Total net of tax	4			25			(1		)	2,324
	Non-credit impairment losses on AFS securities before tax:
	Accretion of credit loss impairment due to an increase in expected cash flows	110			75			308			188			Interest and dividends on investment securities (taxable)
	Tax effect	(46		)	(32		)	(129		)	(79		)
	Total net of tax	64			43			179			109
	Unrealized losses on derivatives (cash flow hedges) before tax	(1,664		)	(1,714		)	(3,312		)	(3,594		)	Interest expense
	Tax effect	691			719			1,374			1,508
	Total net of tax	(973		)	(995		)	(1,938		)	(2,086		)
	Defined benefit pension plan:
	Amortization of prior service cost	—			(241		)	—			(443		)	*
	Amortization of net actuarial loss	(62		)	(811		)	(124		)	(1,605		)	*
	Recognition of loss due to curtailment	—			(750		)	—			(750		)	*
	Total before tax	(62		)	(1,802		)	(124		)	(2,798		)
	Tax effect	25			730			50			1,133
	Total net of tax	(37		)	(1,072		)	(74		)	(1,665		)
	Total reclassifications, net of tax	$	(942	)	$	(1,999	)	$	(1,834	)	$	(1,318	)
	*	These accumulated other comprehensive loss components are included in the computation of net periodic pension cost.

New_Authoritative_Accounting_G

New Authoritative Accounting Guidance	6 Months Ended
	Jun. 30, 2014
Accounting Changes and Error Corrections [Abstract]	'
New Authoritative Accounting Guidance	'
	New Authoritative Accounting Guidance
	Accounting Standards Update (ASU) No. 2014-12, "Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period" requires that a performance target that affects vesting and that could be achieved after the requisite service period be treated as a performance condition. ASU No. 2014-12 will be effective for reporting periods after January 1, 2015 and is not expected to have a significant impact on Valley's consolidated financial statements.
	ASU No. 2014-11, "Repurchase-to-Maturity Transactions, Repurchase Financings, and Disclosures" requires entities to account for repurchase-to-maturity transactions as secured borrowings rather than as sales with forward repurchase agreements and expands disclosure requirements related to certain transfers of financial assets that are accounted for as sales and certain transfers (specifically, repos, securities lending transactions, and repurchase-to-maturity transactions) accounted for as secured borrowings. The accounting-related changes are effective for the first interim or annual period beginning after December 15, 2014. The disclosures for certain transactions accounted for as sales are required for interim and annual periods beginning after December 15, 2014. The disclosures for repos, securities lending transactions, and repos-to-maturity accounted for as secured borrowings are required for annual periods beginning after December 15, 2014, and interim periods beginning after March 15, 2015. Early adoption of the ASU No. 2014-11 is prohibited. As of June 30, 2014, all of Valley's repurchase agreements were typical in nature (i.e., not repurchase-to-maturity transactions or repurchase agreements executed as a repurchase financing) and are accounted for as secured borrowings. As such, Valley's adoption of ASU No. 2014-11 is not expected to have a significant impact on its consolidated financial statements.
	ASU No. 2014-04, “Receivables-Troubled Debt Restructurings by Creditors (Subtopic 310-40): Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure,” clarifies that an in-substance repossession or foreclosure occurs, and a creditor is considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan, upon either the creditor obtaining legal title to the residential real estate property upon completion of a foreclosure, or the borrower conveying all interest in the residential real estate property to the creditor to satisfy that loan through completion of a deed in lieu of foreclosure or through a similar legal agreement. Additionally, this ASU requires interim and annual disclosure of both the amount of foreclosed residential real estate property held by the creditor and the recorded investment in consumer mortgage loans collateralized by residential real estate property that are in the process of foreclosure according to local requirements of the applicable jurisdiction. ASU No. 2014-04 is effective for annual and interim periods beginning after December 15, 2014. Valley’s adoption of ASU No. 2014-04 is not expected to have a significant impact on its consolidated financial statements.
	ASU No. 2014-01, “Investments-Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Qualified Affordable Housing Projects,” amends existing guidance to permit reporting entities to make an accounting policy election to account for their investments in qualified affordable housing projects using the proportional amortization method if certain conditions are met. Under the proportional amortization method, an entity amortizes the initial cost of the investment in proportion to the tax credits and other tax benefits received and recognizes the net investment performance in the income statement as a component of income tax expense or benefit. For those investments in qualified affordable housing projects not accounted for using the proportional amortization method, the investment should be accounted for as an equity method investment or a cost method investment in accordance with Subtopic 970-323. ASU No. 2014-01 is effective for annual periods and interim reporting periods within those annual periods beginning after December 15, 2014. Early adoption is permitted. Valley’s adoption of ASU No. 2014-01 is not expected to have a significant impact on its consolidated financial statements.
	ASU No. 2013-11, “Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists,” provides guidance on financial statement presentation of an unrecognized tax benefit when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists. This ASU applies to all entities with unrecognized tax benefits that also have tax loss or tax credit carryforwards in the same tax jurisdiction as of the reporting date. ASU No. 2013-11 became effective for Valley on January 1, 2014 and did not have a significant impact on its consolidated financial statements.

Fair_Value_Measurement_of_Asse

Fair Value Measurement of Assets and Liabilities	6 Months Ended
	Jun. 30, 2014
Fair Value Disclosures [Abstract]	'
Fair Value Measurement of Assets and Liabilities	'
	Fair Value Measurement of Assets and Liabilities
	ASC Topic 820, “Fair Value Measurements and Disclosures,” establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are described below:
		Level 1	Unadjusted exchange quoted prices in active markets for identical assets or liabilities, or identical liabilities traded as assets that the reporting entity has the ability to access at the measurement date.
		Level 2	Quoted prices in markets that are not active, or inputs that are observable either directly or indirectly (i.e., quoted prices on similar assets), for substantially the full term of the asset or liability.
		Level 3	Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (i.e., supported by little or no market activity).
	Assets and Liabilities Measured at Fair Value on a Recurring and Non-recurring Basis
	The following tables present the assets and liabilities that are measured at fair value on a recurring and nonrecurring basis by level within the fair value hierarchy as reported on the consolidated statements of financial condition at June 30, 2014 and December 31, 2013. The assets presented under “nonrecurring fair value measurements” in the table below are not measured at fair value on an ongoing basis but are subject to fair value adjustments under certain circumstances (e.g., when an impairment loss is recognized).
		June 30,				Fair Value Measurements at Reporting Date Using:
		2014				Quoted Prices				Significant				Significant
						in Active Markets				Other				Unobservable
						for Identical				Observable Inputs				Inputs
						Assets (Level 1)				(Level 2)				(Level 3)
		(in thousands)
	Recurring fair value measurements:
	Assets
	Investment securities:
	Available for sale:
	U.S. Treasury securities	$	91,887			$	91,887			$	—			$	—
	U.S. government agency securities	46,041				—				46,041				—
	Obligations of states and political subdivisions	38,015				—				38,015				—
	Residential mortgage-backed securities	478,132				—				456,630				21,502
	Trust preferred securities	20,650				—				16,123				4,527
	Corporate and other debt securities	84,536				27,473				57,063				—
	Equity securities	23,944				2,170				21,774				—
	Total available for sale	783,205				121,530				635,646				26,029
	Trading securities	14,221				—				14,221
	Loans held for sale (1)	8,218				—				8,218				—
	Other assets (2)	14,499				—				14,499				—
	Total assets	$	820,143			$	121,530			$	672,584			$	26,029
	Liabilities
	Other liabilities (2)	$	26,666			$	—			$	26,666			$	—
	Total liabilities	$	26,666			$	—			$	26,666			$	—
	Non-recurring fair value measurements:
	Non-performing loans held for sale	$	7,850			$	—			$	7,850			$	—
	Collateral dependent impaired loans (3)	21,740				—				—				21,740
	Loan servicing rights	2,314				—				—				2,314
	Foreclosed assets (4)	12,715				—				—				12,715
	Total	$	44,619			$	—			$	7,850			$	36,769
						Fair Value Measurements at Reporting Date Using:
		December 31,				Quoted Prices				Significant				Significant
		2013				in Active Markets				Other				Unobservable
						for Identical				Observable Inputs				Inputs
						Assets (Level 1)				(Level 2)				(Level 3)
		(in thousands)
	Recurring fair value measurements:
	Assets
	Investment securities:
	Available for sale:
	U.S. Treasury securities	$	84,665			$	84,665			$	—			$	—
	U.S. government agency securities	48,627				—				48,627				—
	Obligations of states and political subdivisions	37,700				—				37,700				—
	Residential mortgage-backed securities	508,029				—				483,277				24,752
	Trust preferred securities	19,215				—				15,444				3,771
	Corporate and other debt securities	83,398				27,273				56,125				—
	Equity securities	48,058				26,905				21,153				—
	Total available for sale	829,692				138,843				662,326				28,523
	Trading securities	14,264				—				14,264				—
	Loans held for sale (1)	10,488				—				10,488				—
	Other assets (2)	15,122				—				15,122				—
	Total assets	$	869,566			$	138,843			$	702,200			$	28,523
	Liabilities
	Other liabilities (2)	$	20,586			$	—			$	20,586			$	—
	Total liabilities	$	20,586			$	—			$	20,586			$	—
Non-recurring fair value measurements:
Collateral dependent impaired loans (3)	$	35,700			$	—			$	—			$	35,700
Loan servicing rights	3,677				—				—				3,677
Foreclosed assets (4)	25,929				—				—				25,929
Total	$	65,306			$	—			$	—			$	65,306
-1	Loans held for sale carried at fair value (which consist of residential mortgages) had contractual unpaid principal balances totaling approximately $8.0 million and $10.4 million at June 30, 2014 and December 31, 2013, respectively.
-2	Derivative financial instruments are included in this category.
-3	Excludes PCI loans.
-4	Includes covered real estate owned totaling $2.8 million and $7.6 million at June 30, 2014 and December 31, 2013, respectively.
The changes in Level 3 assets measured at fair value on a recurring basis for the three and six months ended June 30, 2014 and 2013 are summarized below:
	Available for Sale Securities
	Three Months Ended								Six Months Ended
	June 30,								June 30,
	2014				2013				2014				2013
	(in thousands)
Balance, beginning of the period	$	26,911			$	77,920			$	28,523			$	71,674
Total net gains for the period included in other comprehensive income	174				3,406				222				11,439
Settlements	(1,056		)		(2,214		)		(2,716		)		(4,001		)
Balance, end of the period	$	26,029			$	79,112			$	26,029			$	79,112
No changes in unrealized losses on Level 3 securities held at June 30, 2014 and 2013 were included in earnings during the three and six months ended June 30, 2014 and 2013. There were also no transfers of assets between Level 1 and Level 2 during the three and six months ended June 30, 2014 and 2013.
There have been no material changes in the valuation methodologies used at June 30, 2014 from December 31, 2013.
Assets and Liabilities Measured at Fair Value on a Recurring Basis
The following valuation techniques were used for financial instruments measured at fair value on a recurring basis. All the valuation techniques described below apply to the unpaid principal balance excluding any accrued interest or dividends at the measurement date. Interest income and expense are recorded within the consolidated statements of income depending on the nature of the instrument using the effective interest method based on acquired discount or premium.
Available for sale and trading securities. All U.S. Treasury securities, certain corporate and other debt securities, and certain common and preferred equity securities (including certain trust preferred securities) are reported at fair value utilizing Level 1 inputs. The majority of other investment securities are reported at fair value utilizing Level 2 inputs. The prices for these instruments are obtained through an independent pricing service or dealer market participants with whom Valley has historically transacted both purchases and sales of investment securities. Prices obtained from these sources include prices derived from market quotations and matrix pricing. The fair value measurements consider observable data that may include dealer quotes, market spreads, cash flows, the U.S. Treasury yield curve, live trading levels, trade execution data, market consensus prepayment speeds, credit information and the bond’s terms and conditions, among other things. Management reviews the data and assumptions used in pricing the securities by its third party provider to ensure the highest level of significant inputs are derived from market observable data. For certain securities, the inputs used by either dealer market participants or an independent pricing service may be derived from unobservable market information (Level 3 inputs). In these instances, Valley evaluates the appropriateness and quality of the assumption and the resulting price. In addition, Valley reviews the volume and level of activity for all available for sale and trading securities and attempts to identify transactions which may not be orderly or reflective of a significant level of activity and volume. For securities meeting these criteria, the quoted prices received from either market participants or an independent pricing service may be adjusted, as necessary, to estimate fair value and this results in fair values based on Level 3 inputs. In determining fair value, Valley utilizes unobservable inputs which reflect Valley’s own assumptions about the inputs that market participants would use in pricing each security. In developing its assertion of market participant assumptions, Valley utilizes the best information that is both reasonable and available without undue cost and effort.
In calculating the fair value for the available for sale securities under Level 3, Valley prepared present value cash flow models for certain private label mortgage-backed securities. The cash flows for the residential mortgage-backed securities incorporated the expected cash flow of each security adjusted for default rates, loss severities and prepayments of the individual loans collateralizing the security.
The following table presents quantitative information about Level 3 inputs used to measure the fair value of these securities at June 30, 2014:
Security Type	Valuation		Unobservable		Range		Weighted
	Technique		Input				Average
Private label mortgage-backed securities	Discounted cash flow		Prepayment rate		1.30 - 44.30		14.4	%
			Default rate		2.4 - 22.96		7.9
			Loss severity		40.0 - 52.90		48.9
Significant increases or decreases in any of the unobservable inputs in the table above in isolation would result in a significantly lower or higher fair value measurement of the securities. Generally, a change in the assumption used for the default rate is accompanied by a directionally similar change in the assumption used for the loss severity and a directionally opposite change in the assumption used for prepayment rates.
For the Level 3 available for sale private label mortgage-backed securities, cash flow assumptions incorporated independent third party market participant data based on vintage year for each security. The discount rate utilized in determining the present value of cash flows for the mortgage-backed securities was arrived at by combining the yield on orderly transactions for similar maturity government sponsored mortgage-backed securities with (i) the historical average risk premium of similar structured private label securities, (ii) a risk premium reflecting current market conditions, including liquidity risk and (iii) if applicable, a forecasted loss premium derived from the expected cash flows of each security. The estimated cash flows for each private label mortgage-backed security were then discounted at the aforementioned effective rate to determine the fair value. The quoted prices received from either market participants or independent pricing services are weighted with the internal price estimate to determine the fair value of each instrument.
For two pooled securities in the Level 3 available for sale trust preferred securities category, the resulting estimated future cash flows were discounted at a yield determined by reference to similarly structured securities for which observable orderly transactions occurred. The discount rate for each security was applied using a pricing matrix based on credit, security type and maturity characteristics to determine the fair value. The fair value calculations for both securities are received from an independent valuation advisor. In validating the fair value calculation from an independent valuation advisor, Valley reviews the accuracy of the inputs and the appropriateness of the unobservable inputs utilized in the valuation to ensure the fair value calculation is reasonable from a market participant perspective.
Loans held for sale. The conforming residential mortgage loans originated for sale are reported at fair value using Level 2 inputs. The fair values were calculated utilizing quoted prices for similar assets in active markets. To determine these fair values, the mortgages held for sale are put into multiple tranches, or pools, based on the coupon rate and maturity of each mortgage. The market prices for each tranche are obtained from both Fannie Mae and Freddie Mac. The market prices represent a delivery price, which reflects the underlying price each institution would pay Valley for an immediate sale of an aggregate pool of mortgages. The market prices received from Fannie Mae and Freddie Mac are then averaged and interpolated or extrapolated, where required, to calculate the fair value of each tranche. Depending upon the time elapsed since the origination of each loan held for sale, non-performance risk and changes therein were addressed in the estimate of fair value based upon the delinquency data provided to both Fannie Mae and Freddie Mac for market pricing and changes in market credit spreads. Non-performance risk did not materially impact the fair value of mortgage loans held for sale at June 30, 2014 and December 31, 2013 based on the short duration these assets were held, and the high credit quality of these loans.
Derivatives. Derivatives are reported at fair value utilizing Level 2 inputs. The fair value of Valley’s derivatives are determined using third party prices that are based on discounted cash flow analysis using observed market inputs, such as the LIBOR and Overnight Index Swap rate curves. The fair value of mortgage banking derivatives, consisting of interest rate lock commitments to fund residential mortgage loans and forward commitments for the future delivery of such loans (including certain loans held for sale at June 30, 2014), is determined based on the current market prices for similar instruments provided by Freddie Mac and Fannie Mae. The fair values of most of the derivatives incorporate credit valuation adjustments, which consider the impact of any credit enhancements to the contracts, to account for potential nonperformance risk of Valley and its counterparties. The credit valuation adjustments were not significant to the overall valuation of Valley’s derivatives at June 30, 2014 and December 31, 2013.
Assets and Liabilities Measured at Fair Value on a Non-recurring Basis
The following valuation techniques were used for certain non-financial assets measured at fair value on a nonrecurring basis, including non-performing loans held for sale carried at estimated fair value (less selling costs) when less than the unamortized cost, impaired loans reported at the fair value of the underlying collateral, as well as loan servicing rights, other real estate owned and other repossessed assets which are reported at fair value upon initial recognition or subsequent impairment as described below.
Non-performing loans held for sale. At June 30, 2014, non-performing loans held for sale consisted of one commercial real estate loan that was transferred to the loans held for sale account during the first quarter of 2014. The fair value of the loan was determined using Level 2 inputs, and a third party broker was engaged to solicit interest from potential purchasers. The broker coordinated loan level due diligence with interested parties and established a formal bidding process in which each participant was required to provide an indicative non-binding bid. Based on the most recent bids received for this loan, Valley established the fair market value based on both qualitative and quantitative information received from the broker. The loan was re-measured and reported at fair value of $7.9 million at June 30, 2014 resulting in a write-down of $2.3 million charged to non-interest income during the three months ended June 30, 2014.
Impaired loans. Certain impaired loans are reported at the fair value of the underlying collateral if repayment is expected solely from the collateral and are commonly referred to as “collateral dependent impaired loans.” Collateral values are estimated using Level 3 inputs, consisting of individual appraisals that are significantly adjusted based on certain discounting criteria. At June 30, 2014, appraisals were discounted up to 26.4 percent based on specific market data by location and property type. During the quarter ended June 30, 2014, collateral dependent impaired loans were individually re-measured and reported at fair value through direct loan charge-offs to the allowance for loan losses and/or a specific valuation allowance allocation based on the fair value of the underlying collateral. The collateral dependent loan charge-offs to the allowance for loan losses totaled $2.2 million and $3.2 million for the three and six months ended June 30, 2014, respectively. At June 30, 2014, collateral dependent impaired loans with a total recorded investment of $23.6 million were reduced by specific valuation allowance allocations totaling $1.9 million to a reported total net carrying amount of $21.7 million.
Loan servicing rights. Fair values for each risk-stratified group of loan servicing rights are calculated using a fair value model from a third party vendor that requires inputs that are both significant to the fair value measurement and unobservable (Level 3). The fair value model is based on various assumptions, including but not limited to, prepayment speeds, internal rate of return (“discount rate”), servicing cost, ancillary income, float rate, tax rate, and inflation. The prepayment speed and the discount rate are considered two of the most significant inputs in the model. At June 30, 2014, the fair value model used prepayment speeds (stated as constant prepayment rates) from 0 percent up to 25 percent and a discount rate of 8.0 percent for the valuation of the loan servicing rights. A significant degree of judgment is involved in valuing the loan servicing rights using Level 3 inputs. The use of different assumptions could have a significant positive or negative effect on the fair value estimate. Impairment charges are recognized on loan servicing rights when the amortized cost of a risk-stratified group of loan servicing rights exceeds the estimated fair value. Valley recognized net recoveries of impairment charges totaling $42 thousand and $142 thousand for the three and six months ended June 30, 2014, respectively.
Foreclosed assets. Certain foreclosed assets (consisting of other real estate owned and other repossessed assets), upon initial recognition and transfer from loans, are re-measured and reported at fair value through a charge-off to the allowance for loan losses based upon the fair value of the foreclosed assets. The fair value of a foreclosed asset, upon initial recognition, is typically estimated using Level 3 inputs, consisting of an appraisal that is adjusted based on certain discounting criteria, similar to the criteria used for impaired loans described above. The appraisals of of foreclosed assets discounted up to 12.0 percent at June 30, 2014. At June 30, 2014, foreclosed assets included $12.7 million of assets that were measured at fair value upon initial recognition or subsequently re-measured during the quarter ended June 30, 2014. The foreclosed assets charge-offs to the allowance for loan losses totaled $527 thousand and $2.0 million for the three and six months ended June 30, 2014, respectively. The re-measurement of foreclosed assets at fair value subsequent to their initial recognition resulted in a net loss of $75 thousand and $1.9 million within non-interest expense for the three and six months ended June 30, 2014, respectively.
Other Fair Value Disclosures
The following table presents the amount of gains and losses from fair value changes included in income before income taxes for financial assets and liabilities carried at fair value for the three and six months ended June 30, 2014 and 2013:
Reported in Consolidated Statements of Financial Condition		Reported in		Gains (Losses) on Change in Fair Value
		Consolidated Statements		Three Months Ended								Six Months Ended
		of Income		June 30,								June 30,
				2014				2013				2014				2013
				(in thousands)
Assets:
Trading securities		Trading losses, net		$	(34	)		$	(36	)		$	(43	)		$	(66	)
Loans held for sale		Gains on sales of loans, net		679				14,366				1,592				29,426
Liabilities:
Junior subordinated debentures issued to capital trusts		Trading losses, net		—				(234		)		—				(2,406		)
				$	645			$	14,096			$	1,549			$	26,954
ASC Topic 825, “Financial Instruments,” requires disclosure of the fair value of financial assets and financial liabilities, including those financial assets and financial liabilities that are not measured and reported at fair value on a recurring basis or non-recurring basis.
The fair value estimates presented in the following table were based on pertinent market data and relevant information on the financial instruments available as of the valuation date. These estimates do not reflect any premium or discount that could result from offering for sale at one time the entire portfolio of financial instruments. Because no market exists for a portion of the financial instruments, fair value estimates may be based on judgments regarding future expected loss experience, current economic conditions, risk characteristics of various financial instruments and other factors. These estimates are subjective in nature and involve uncertainties and matters of significant judgment and therefore cannot be determined with precision. Changes in assumptions could significantly affect the estimates.
Fair value estimates are based on existing balance sheet financial instruments without attempting to estimate the value of anticipated future business and the value of assets and liabilities that are not considered financial instruments. For instance, Valley has certain fee-generating business lines (e.g., its mortgage servicing operation, trust and investment management departments) that were not considered in these estimates since these activities are not financial instruments. In addition, the tax implications related to the realization of the unrealized gains and losses can have a significant effect on fair value estimates and have not been considered in any of the estimates.
The carrying amounts and estimated fair values of financial instruments not measured and not reported at fair value on the consolidated statements of financial condition at June 30, 2014 and December 31, 2013 were as follows:
	Fair Value		30-Jun-14								31-Dec-13
	Hierarchy		Carrying				Fair Value				Carrying				Fair Value
			Amount								Amount
			(in thousands)
Financial assets
Cash and due from banks	Level 1		$	266,101			$	266,101			$	234,253			$	234,253
Interest bearing deposits with banks	Level 1		40,580				40,580				134,915				134,915
Investment securities held to maturity:
U.S. Treasury securities	Level 1		139,192				149,128				139,255				144,307
U.S. government agency securities	Level 2		14,346				14,718				4,427				4,365
Obligations of states and political subdivisions	Level 2		515,402				530,393				545,886				543,151
Residential mortgage-backed securities	Level 2		1,019,086				1,028,120				886,043				871,021
Trust preferred securities	Level 2		98,452				85,886				103,458				91,489
Corporate and other debt securities	Level 2		39,665				45,876				52,668				57,094
Total investment securities held to maturity			1,826,143				1,854,121				1,731,737				1,711,427
Net loans	Level 3		11,710,375				11,513,205				11,453,995				11,294,348
Accrued interest receivable	Level 1		53,650				53,650				53,964				53,964
Federal Reserve Bank and Federal Home Loan Bank stock (1)	Level 1		138,180				138,180				137,234				137,234
Financial liabilities
Deposits without stated maturities	Level 1		9,224,563				9,224,563				9,139,993				9,139,993
Deposits with stated maturities	Level 2		2,191,489				2,254,453				2,179,269				2,206,427
Short-term borrowings	Level 1		354,230				354,230				281,455				281,455
Long-term borrowings	Level 2		2,797,986				3,040,487				2,792,306				3,036,953
Junior subordinated debentures issued to capital trusts	Level 2		41,171				45,191				41,089				45,261
Accrued interest payable (2)	Level 1		16,652				16,652				16,442				16,442
-1	Included in other assets.
-2	Included in accrued expenses and other liabilities.
The following methods and assumptions were used to estimate the fair value of other financial assets and financial liabilities in the table above:
Cash and due from banks and interest bearing deposits with banks. The carrying amount is considered to be a reasonable estimate of fair value because of the short maturity of these items.
Investment securities held to maturity. Fair values are based on prices obtained through an independent pricing service or dealer market participants with whom Valley has historically transacted both purchases and sales of investment securities. Prices obtained from these sources include prices derived from market quotations and matrix pricing. The fair value measurements consider observable data that may include dealer quotes, market spreads, cash flows, the U.S. Treasury yield curve, live trading levels, trade execution data, market consensus prepayment speeds, credit information and the bond’s terms and conditions, among other things (Level 2 inputs). Additionally, Valley reviews the volume and level of activity for all classes of held to maturity securities and attempts to identify transactions which may not be orderly or reflective of a significant level of activity and volume. For securities meeting these criteria, the quoted prices received from either market participants or an independent pricing service may be adjusted, as necessary. If applicable, the adjustment to fair value is derived based on present value cash flow model projections prepared by Valley utilizing assumptions similar to those incorporated by market participants.
Loans. Fair values of non-covered loans (i.e., loans which are not subject to loss-sharing agreements with the FDIC) and covered loans (i.e., loans subject to loss-sharing agreements with the FDIC) are estimated by discounting the projected future cash flows using market discount rates that reflect the credit and interest-rate risk inherent in the loan. The discount rate is a product of both the applicable index and credit spread, subject to the estimated current new loan interest rates. The credit spread component is static for all maturities and may not necessarily reflect the value of estimating all actual cash flows re-pricing. Projected future cash flows are calculated based upon contractual maturity or call dates, projected repayments and prepayments of principal. Fair values estimated in this manner do not fully incorporate an exit-price approach to fair value, but instead are based on a comparison to current market rates for comparable loans.
Accrued interest receivable and payable. The carrying amounts of accrued interest approximate their fair value due to the short-term nature of these items.
Federal Reserve Bank and Federal Home Loan Bank stock. Federal Reserve and FHLB stock are non-marketable equity securities and are reported at their redeemable carrying amounts, which approximate the fair value.
Deposits. The carrying amounts of deposits without stated maturities (i.e., non-interest bearing, savings, NOW, and money market deposits) approximate their estimated fair value. The fair value of time deposits is based on the discounted value of contractual cash flows using estimated rates currently offered for alternative funding sources of similar remaining maturity.
Short-term and long-term borrowings. The carrying amounts of certain short-term borrowings, including securities sold under agreements to repurchase (and from time to time, federal funds purchased and FHLB borrowings) approximate their fair values because they frequently re-price to a market rate. The fair values of other short-term and long-term borrowings are estimated by obtaining quoted market prices of the identical or similar financial instruments when available. When quoted prices are unavailable, the fair values of the borrowings are estimated by discounting the estimated future cash flows using current market discount rates of financial instruments with similar characteristics, terms and remaining maturity.
Junior subordinated debentures issued to capital trusts. The fair value of debentures issued to capital trusts not carried at fair value is estimated utilizing the income approach, whereby the expected cash flows, over the remaining estimated life of the security, are discounted using Valley’s credit spread over the current yield on a similar maturity of U.S. Treasury security or the three-month LIBOR for the variable rate indexed debentures (Level 2 inputs). The credit spread used to discount the expected cash flows was calculated based on the median current spreads for all fixed and variable publicly traded trust preferred securities issued by banks.

Investment_Securities

Investment Securities	6 Months Ended
	Jun. 30, 2014
Investments, Debt and Equity Securities [Abstract]	'
Investment Securities	'
	Investment Securities
	As of June 30, 2014, Valley had approximately $1.8 billion, $783.2 million, and $14.2 million in held to maturity, available for sale, and trading investment securities, respectively. Valley records impairment charges on its investment securities when the decline in fair value is considered other-than-temporary. Numerous factors, including lack of liquidity for re-sales of certain investment securities; decline in the creditworthiness of the issuer; absence of reliable pricing information for investment securities; adverse changes in business climate; adverse actions by regulators; prolonged decline in value of equity investments; or unanticipated changes in the competitive environment could have a negative effect on Valley’s investment portfolio and may result in other-than-temporary impairment on certain investment securities in future periods. Valley’s investment portfolios include private label mortgage-backed securities, trust preferred securities principally issued by bank holding companies (including three pooled trust preferred securities), corporate bonds primarily issued by banks, and perpetual preferred and common equity securities issued by banks. These investments may pose a higher risk of future impairment charges by Valley as a result of the unpredictable nature of the U.S. economy and its potential negative effect on the future performance of the security issuers and, if applicable, the underlying mortgage loan collateral of the security. See the “Other-Than-Temporary Impairment Analysis” section below for further discussion.
	Held to Maturity
	The amortized cost, gross unrealized gains and losses and fair value of securities held to maturity at June 30, 2014 and December 31, 2013 were as follows:
		Amortized			Gross			Gross			Fair Value
		Cost			Unrealized			Unrealized
					Gains			Losses
		(in thousands)
	30-Jun-14
	U.S. Treasury securities	$	139,192		$	9,936		$	—		$	149,128
	U.S. government agency securities	14,346			372			—			14,718
	Obligations of states and political subdivisions:
	Obligations of states and state agencies	198,610			7,056			(1,291		)	204,375
	Municipal bonds	316,792			10,441			(1,215		)	326,018
	Total obligations of states and political subdivisions	515,402			17,497			(2,506		)	530,393
	Residential mortgage-backed securities	1,019,086			20,233			(11,199		)	1,028,120
	Trust preferred securities	98,452			193			(12,759		)	85,886
	Corporate and other debt securities	39,665			6,213			(2		)	45,876
	Total investment securities held to maturity	$	1,826,143		$	54,444		$	(26,466	)	$	1,854,121
	31-Dec-13
	U.S. Treasury securities	$	139,255		$	5,567		$	(515	)	$	144,307
	U.S. government agency securities	4,427			—			(62		)	4,365
	Obligations of states and political subdivisions:
	Obligations of states and state agencies	192,653			1,944			(5,473		)	189,124
	Municipal bonds	353,233			6,053			(5,259		)	354,027
	Total obligations of states and political subdivisions	545,886			7,997			(10,732		)	543,151
	Residential mortgage-backed securities	886,043			12,609			(27,631		)	871,021
	Trust preferred securities	103,458			363			(12,332		)	91,489
	Corporate and other debt securities	52,668			4,426			—			57,094
	Total investment securities held to maturity	$	1,731,737		$	30,962		$	(51,272	)	$	1,711,427
	The age of unrealized losses and fair value of related securities held to maturity at June 30, 2014 and December 31, 2013 were as follows:
		Less than						More than						Total
		Twelve Months						Twelve Months
		Fair Value			Unrealized			Fair Value			Unrealized			Fair Value		Unrealized
					Losses						Losses					Losses
		(in thousands)
	30-Jun-14
	Obligations of states and political subdivisions:
	Obligations of states and state agencies	$	10,364		$	(12	)	$	46,593		$	(1,279	)	$	56,957	$	(1,291	)
	Municipal bonds	2,276			(9		)	55,006			(1,206		)	57,282		(1,215		)
	Total obligations of states and political subdivisions	12,640			(21		)	101,599			(2,485		)	114,239		(2,506		)
	Residential mortgage-backed securities	126,574			(1,558		)	272,328			(9,641		)	398,902		(11,199		)
	Trust preferred securities	9,800			(200		)	56,009			(12,559		)	65,809		(12,759		)
	Corporate and other debt securities	248			(2		)	—			—			248		(2		)
	Total	$	149,262		$	(1,781	)	$	429,936		$	(24,685	)	$	579,198	$	(26,466	)
	31-Dec-13
	U.S. Treasury securities	$	64,537		$	(515	)	$	—		$	—		$	64,537	$	(515	)
	U.S. government agency securities	4,365			(62		)	—			—			4,365		(62		)
	Obligations of states and political subdivisions:
	Obligations of states and state agencies	80,612			(5,473		)	—			—			80,612		(5,473		)
	Municipal bonds	85,988			(5,154		)	1,326			(105		)	87,314		(5,259		)
	Total obligations of states and political subdivisions	166,600			(10,627		)	1,326			(105		)	167,926		(10,732		)
	Residential mortgage-backed securities	465,400			(27,631		)	—			—			465,400		(27,631		)
	Trust preferred securities	9,750			(250		)	56,480			(12,082		)	66,230		(12,332		)
	Total	$	710,652		$	(39,085	)	$	57,806		$	(12,187	)	$	768,458	$	(51,272	)
	The unrealized losses on investment securities held to maturity are primarily due to changes in interest rates (including, in certain cases, changes in credit spreads) and, in some cases, lack of liquidity in the marketplace. The total number of security positions in the securities held to maturity portfolio in an unrealized loss position at June 30, 2014 was 80 as compared to 133 at December 31, 2013.
	The increase in the level of long-term market interest rates since the second half of 2013 materially decreased the fair value of lower yielding obligations of states and political subdivisions and residential mortgage-backed securities classified as held to maturity. The investments in obligations of states and political subdivisions are all investment grade with no bankruptcies or defaults. The unrealized losses for the residential mortgage-backed securities category of the held to maturity portfolio at June 30, 2014 relate to investment grade mortgage-backed securities issued or guaranteed by Ginnie Mae and government sponsored enterprises.
	The unrealized losses for trust preferred securities at June 30, 2014 primarily related to four non-rated single-issuer trust preferred securities issued by bank holding companies. All single-issuer trust preferred securities classified as held to maturity are paying in accordance with their terms, have no deferrals of interest or defaults and, if applicable, the issuers meet the regulatory capital requirements to be considered “well-capitalized institutions” at June 30, 2014.
	Management does not believe that any individual unrealized loss as of June 30, 2014 included in the table above represents other-than-temporary impairment as management mainly attributes the declines in fair value to changes in interest rates, widening credit spreads, and lack of liquidity in the market place, credit losses or other factors. Based on a comparison of the present value of expected cash flows to the amortized cost, management believes there are no credit losses on these securities. Valley does not have the intent to sell, nor is it more likely than not that Valley will be required to sell, the securities contained in the table above before the recovery of their amortized cost basis or maturity.
	As of June 30, 2014, the fair value of investments held to maturity that were pledged to secure public deposits, repurchase agreements, lines of credit, and for other purposes required by law, was $925.9 million.
	The contractual maturities of investments in debt securities held to maturity at June 30, 2014 are set forth in the table below. Maturities may differ from contractual maturities in residential mortgage-backed securities because the mortgages underlying the securities may be prepaid without any penalties. Therefore, residential mortgage-backed securities are not included in the maturity categories in the following summary.
		30-Jun-14
		Amortized			Fair
Cost			Value
	(in thousands)
Due in one year	$	80,902		$	80,962
Due after one year through five years	37,304			42,340
Due after five years through ten years	329,793			346,954
Due after ten years	359,058			355,745
Residential mortgage-backed securities	1,019,086			1,028,120
Total investment securities held to maturity	$	1,826,143		$	1,854,121
Actual maturities of debt securities may differ from those presented above since certain obligations provide the issuer the right to call or prepay the obligation prior to scheduled maturity without penalty.
The weighted-average remaining expected life for residential mortgage-backed securities held to maturity was 8.0 years at June 30, 2014.
Available for Sale
The amortized cost, gross unrealized gains and losses and fair value of securities available for sale at June 30, 2014 and December 31, 2013 were as follows:
	Amortized			Gross			Gross			Fair Value
	Cost			Unrealized			Unrealized
				Gains			Losses
	(in thousands)
30-Jun-14
U.S. Treasury securities	$	99,831		$	—		$	(7,944	)	$	91,887
U.S. government agency securities	45,557			796			(312		)	46,041
Obligations of states and political subdivisions:
Obligations of states and state agencies	11,278			—			(322		)	10,956
Municipal bonds	27,656			95			(692		)	27,059
Total obligations of states and political subdivisions	38,934			95			(1,014		)	38,015
Residential mortgage-backed securities	481,781			4,239			(7,888		)	478,132
Trust preferred securities*	23,263			323			(2,936		)	20,650
Corporate and other debt securities	83,108			2,029			(601		)	84,536
Equity securities	23,071			1,457			(584		)	23,944
Total investment securities available for sale	$	795,545		$	8,939		$	(21,279	)	$	783,205
31-Dec-13
U.S. Treasury securities	$	99,835		$	—		$	(15,170	)	$	84,665
U.S. government agency securities	48,407			923			(703		)	48,627
Obligations of states and political subdivisions:
Obligations of states and state agencies	11,441			—			(798		)	10,643
Municipal bonds	27,671			751			(1,365		)	27,057
Total obligations of states and political subdivisions	39,112			751			(2,163		)	37,700
Residential mortgage-backed securities	524,781			3,967			(20,719		)	508,029
Trust preferred securities*	23,333			113			(4,231		)	19,215
Corporate and other debt securities	83,819			1,682			(2,103		)	83,398
Equity securities	47,617			1,614			(1,173		)	48,058
Total investment securities available for sale	$	866,904		$	9,050		$	(46,262	)	$	829,692
*	Includes three pooled trust preferred securities, principally collateralized by securities issued by banks and insurance companies.
The age of unrealized losses and fair value of related securities available for sale at June 30, 2014 and December 31, 2013 were as follows:
	Less than						More than						Total
	Twelve Months						Twelve Months
	Fair			Unrealized			Fair			Unrealized			Fair		Unrealized
	Value			Losses			Value			Losses			Value		Losses
	(in thousands)
30-Jun-14
U.S. Treasury securities	$	—		$	—		$	91,887		$	(7,944	)	$	91,887	$	(7,944	)
U.S. government agency securities	—			—			20,892			(312		)	20,892		(312		)
Obligations of states and political subdivisions:
Obligations of states and state agencies	—			—			10,956			(322		)	10,956		(322		)
Municipal bonds	10,781			(473		)	14,575			(219		)	25,356		(692		)
Total obligations of states and political subdivisions	10,781			(473		)	25,531			(541		)	36,312		(1,014		)
Residential mortgage-backed securities	27,250			(658		)	300,710			(7,230		)	327,960		(7,888		)
Trust preferred securities	850			(1		)	15,351			(2,935		)	16,201		(2,936		)
Corporate and other debt securities	10,512			(23		)	28,943			(578		)	39,455		(601		)
Equity securities	46			(2		)	15,063			(582		)	15,109		(584		)
Total	$	49,439		$	(1,157	)	$	498,377		$	(20,122	)	$	547,816	$	(21,279	)
31-Dec-13
U.S. Treasury securities	$	84,665		$	(15,170	)	$	—		$	—		$	84,665	$	(15,170	)
U.S. government agency securities	26,402			(703		)	—			—			26,402		(703		)
Obligations of states and political subdivisions:
Obligations of states and state agencies	10,598			(798		)	—			—			10,598		(798		)
Municipal bonds	13,461			(1,365		)	—			—			13,461		(1,365		)
Total obligations of states and political subdivisions	24,059			(2,163		)	—			—			24,059		(2,163		)
Residential mortgage-backed securities	368,306			(18,434		)	24,734			(2,285		)	393,040		(20,719		)
Trust preferred securities	2,024			(25		)	15,022			(4,206		)	17,046		(4,231		)
Corporate and other debt securities	53,654			(2,073		)	2,471			(30		)	56,125		(2,103		)
Equity securities	223			(6		)	14,248			(1,167		)	14,471		(1,173		)
Total	$	559,333		$	(38,574	)	$	56,475		$	(7,688	)	$	615,808	$	(46,262	)
The unrealized losses on investment securities available for sale are primarily due to changes in interest rates (including, in certain cases, changes in credit spreads) and, in some cases, lack of liquidity in the marketplace. The total number of security positions in the securities available for sale portfolio in an unrealized loss position at June 30, 2014 was 87 as compared to 99 at December 31, 2013.
The unrealized losses within the residential mortgage-backed securities category of the available for sale portfolio at June 30, 2014 largely related to several investment grade residential mortgage-backed securities mainly issued by Ginnie Mae. The unrealized losses for more than twelve months also include $407 thousand related to four non-investment grade private label mortgage-backed securities (including three of the five private label mortgage-backed securities that were previously other-than-temporarily impaired prior to December 31, 2012).
The unrealized losses for trust preferred securities at June 30, 2014 for more than twelve months in the table above largely relate to 3 pooled trust preferred securities with an amortized cost of $13.5 million and a fair value of $11.1 million. The three pooled trust preferred securities included one security with an unrealized loss of $1.5 million and an investment grade rating at June 30, 2014. The other two pooled trust preferred securities had non-investment grade ratings and were initially other-than-temporarily impaired in 2008 with additional estimated credit losses recognized during the period 2009 through 2011. All of the single-issuer trust preferred securities are paying in accordance with their terms and have no deferrals of interest or defaults and, if applicable, meet the regulatory capital requirements to be considered “well-capitalized institutions” at June 30, 2014.
Management does not believe that any individual unrealized loss as of June 30, 2014 represents an other-than-temporary impairment, as management mainly attributes the declines in value to changes in interest rates and recent market volatility and wider credit spreads, credit losses or other factors. Based on a comparison of the present value of expected cash flows to the amortized cost, management believes there are no credit losses on these securities. Valley has no intent to sell, nor is it more likely than not that Valley will be required to sell, the securities contained in the table above before the recovery of their amortized cost basis or, if necessary, maturity.
As of June 30, 2014, the fair value of securities available for sale that were pledged to secure public deposits, repurchase agreements, lines of credit, and for other purposes required by law, was $525.3 million.
The contractual maturities of investment securities available for sale at June 30, 2014 are set forth in the following table. Maturities may differ from contractual maturities in residential mortgage-backed securities because the mortgages underlying the securities may be prepaid without any penalties. Therefore, residential mortgage-backed securities are not included in the maturity categories in the following summary.
	30-Jun-14
	Amortized			Fair
	Cost			Value
	(in thousands)
Due in one year	$	115		$	115
Due after one year through five years	74,141			75,773
Due after five years through ten years	85,769			82,334
Due after ten years	130,668			122,907
Residential mortgage-backed securities	481,781			478,132
Equity securities	23,071			23,944
Total investment securities available for sale	$	795,545		$	783,205
Actual maturities of debt securities may differ from those presented above since certain obligations provide the issuer the right to call or prepay the obligation prior to scheduled maturity without penalty.
The weighted average remaining expected life for residential mortgage-backed securities available for sale at June 30, 2014 was 5.2 years.
Other-Than-Temporary Impairment Analysis
To determine whether a security’s impairment is other-than-temporary, Valley considers several factors that include, but are not limited to the following:
•	The severity and duration of the decline, including the causes of the decline in fair value, such as an issuer’s credit problems, interest rate fluctuations, or market volatility;
•	Adverse conditions specifically related to the issuer of the security, an industry, or geographic area;
•	Failure of the issuer of the security to make scheduled interest or principal payments;
•	Any changes to the rating of the security by a rating agency or, if applicable, any regulatory actions impacting the security issuer;
•	Recoveries or additional declines in fair value after the balance sheet date;
•	Our ability and intent to hold equity security investments until they recover in value, as well as the likelihood of such a recovery in the near term; and
•	Our intent to sell debt security investments, or if it is more likely than not that we will be required to sell such securities before recovery of their individual amortized cost basis.
For debt securities, the primary consideration in determining whether impairment is other-than-temporary is whether or not we expect to collect all contractual cash flows.
In assessing the level of other-than-temporary impairment attributable to credit loss for debt securities, Valley compares the present value of cash flows expected to be collected with the amortized cost basis of the security. The portion of the total other-than-temporary impairment related to credit loss is recognized in earnings, while the amount related to other factors is recognized in other comprehensive income or loss. The total other-than-temporary impairment loss is presented in the consolidated statements of income, less the portion recognized in other comprehensive income or loss. Subsequent assessments may result in additional estimated credit losses on previously impaired securities. These additional estimated credit losses are recorded as reclassifications from the portion of other-than-temporary impairment previously recognized in other comprehensive income or loss to earnings in the period of such assessments. The amortized cost basis of an impaired debt security is reduced by the portion of the total impairment related to credit loss.
At June 30, 2014, approximately 53 percent of the $553.4 million carrying value of obligations of states and political subdivisions were issued by the states of (or municipalities within) New Jersey, New York and Pennsylvania. The obligations of states and political subdivisions mainly consist of general obligation bonds and, to a much lesser extent, special revenue bonds which had an aggregated amortized cost and fair value of $18.4 million and $19.0 million, respectively, at June 30, 2014. The special revenue bonds were mainly issued by the Port Authorities of New York and New Jersey, as well as various school districts. The gross unrealized losses associated with the obligations of states and political subdivisions totaling $3.5 million as of June 30, 2014 were primarily driven by changes in interest rates and not due to the credit quality of the issuer. Substantially all of these investments are investment grade. The securities were generally underwritten in accordance with Valley’s investment standards prior to the decision to purchase. As part of Valley’s pre-purchase analysis and on-going quarterly assessment of impairment of the obligations of states and political subdivisions, our Credit Risk Management (CRM) Department conducts an independent financial analysis and risk rating assessment of each security issuer based on the issuer’s most recently issued financial statements and other publicly available information. The internal risk rating was developed by CRM using a risk acceptance criteria (RAC) score which considers a multitude of credit factors, including the issuer’s operating results, debt levels, liquidity and debt service capacity. The analysis of debt levels includes unfunded liabilities and assesses these obligations relative to the economy and aggregate debt burden on a per capita basis, if applicable. The RAC score is used as a guideline by CRM for determining the final internal risk rating assigned to the issuer. CRM also obtains the external credit rating agencies’ debt ratings for the issuer and incorporates the lowest external debt rating in the RAC score. Specifically, the external debt rating is one of eight credit factors assessed in the development of the RAC score and represents, along with the rating agency outlook for the issuer, 25 percent of the final composite RAC score. As a result, Valley does not solely rely on external credit ratings in determining its final internal risk rating. For many securities, Valley believes the external credit ratings may not accurately reflect the actual credit quality of the security and therefore should not be viewed in isolation as a measure of the quality of our investments. Additionally, CRM does not consider potential credit support offered by insurance guarantees on certain bond securities in determining the internal risk rating, either at the date of the pre-purchase investment analysis or in subsequent assessments of impairment. Obligations of states and political subdivisions will continue to be monitored as part of our ongoing impairment analysis, and as of June 30, 2014 are expected to perform in accordance with their contractual terms. As a result, Valley expects to recover the entire amortized cost basis of these securities.
For residential mortgage-backed securities, Valley estimates loss projections for each security by stressing the cash flows from the individual loans collateralizing the security using expected default rates, loss severities, and prepayment speeds, in conjunction with the underlying credit enhancement (if applicable) for each security. Based on collateral and origination vintage specific assumptions, a range of possible cash flows is identified to determine whether other-than-temporary impairment exists. No other-than-temporary impairment losses were recognized as a result of our impairment analysis of these securities at June 30, 2014.
For the single-issuer trust preferred securities and corporate and other debt securities, Valley reviews each portfolio to determine if all the securities are paying in accordance with their terms and have no deferrals of interest or defaults. Over the past several years, an increasing number of banking institutions have been required to defer trust preferred payments and various banking institutions have been put in receivership by the FDIC. A deferral event by a bank holding company for which Valley holds trust preferred securities may require the recognition of an other-than-temporary impairment charge if Valley determines that it is more likely than not that all contractual interest and principal cash flows may not be collected. Among other factors, the probability of the collection of all interest and principal determined by Valley in its impairment analysis declines if there is an increase in the estimated deferral period of the issuer. Additionally, a FDIC receivership for any single-issuer would result in an impairment and significant loss. Including the other factors outlined above, Valley analyzes the performance of the issuers on a quarterly basis, including a review of performance data from the issuers’ most recent bank regulatory report, if applicable, to assess their credit risk and the probability of impairment of the contractual cash flows of the applicable security. All of the issuers had capital ratios at June 30, 2014 that were at or above the minimum amounts required to be considered a “well-capitalized” financial institution, if applicable, and/or have maintained performance levels adequate to support the contractual cash flows of the trust preferred securities.
For the three pooled trust preferred securities, Valley evaluates the projected cash flows from each of its tranches in the three securities to determine if they are adequate to support their future contractual principal and interest payments. Valley assesses the credit risk and probability of impairment of the contractual cash flows by projecting the default rates over the life of the security. Higher projected default rates will decrease the expected future cash flows from each security. If the projected decrease in cash flows affects the cash flows projected for the tranche held by Valley, the security would be considered to be other-than-temporarily impaired. Two of the pooled trust preferred securities were initially impaired in 2008 with additional estimated credit losses recognized during 2009 and 2011, and are not accruing interest.
The perpetual preferred securities, reported in equity securities, are hybrid investments that are assessed for impairment by Valley as if they were debt securities. Therefore, Valley assessed the creditworthiness of each security issuer, as well as any potential change in the anticipated cash flows of the securities as of June 30, 2014. Based on this analysis, management believes the declines in fair value of these securities are attributable to a lack of liquidity in the marketplace and are not reflective of any deterioration in the creditworthiness of the issuers.
Other-Than-Temporarily Impaired Securities
There were no other-than-temporary impairment losses on securities recognized in earnings for the three and six months ended June 30, 2014 and 2013. At June 30, 2014, five previously impaired private label mortgage-backed securities (prior to December 31, 2012) had a combined amortized cost and fair value of $21.8 million and $21.5 million, respectively, while two previously impaired pooled trust preferred securities had a combined amortized cost and fair value of $5.4 million and $4.5 million, respectively. The pooled trust preferred securities were not accruing interest as of June 30, 2014.
Realized Gains and Losses
Gross gains (losses) realized on sales, maturities and other securities transactions related to investment securities included in earnings for the three and six months ended June 30, 2014 and 2013 were as follows:
	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2014			2013			2014			2013
	(in thousands)
Sales transactions:
Gross gains	$	—		$	1		$	—		$	3,381
Maturities and other securities transactions:
Gross gains	$	7		$	41		$	8		$	649
Gross losses	—			(1		)	(9		)	(31		)
	$	7		$	40		$	(1	)	$	618
Total gains (losses) on securities transactions, net	$	7		$	41		$	(1	)	$	3,999
Valley recognized gross gains from sales transactions totaling $3.4 million (as shown in the table above) for the six months ended June 30, 2013 primarily due to the sales of zero percent yielding Freddie Mac and Fannie Mae perpetual preferred stock with amortized cost totaling $941 thousand.
The following table presents the changes in the credit loss component of cumulative other-than-temporary impairment losses on debt securities classified as either held to maturity or available for sale that Valley has recognized in earnings, for which a portion of the impairment loss (non-credit factors) was recognized in other comprehensive income for the three and six months ended June 30, 2014 and 2013:
	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2014			2013			2014			2013
	(in thousands)
Balance, beginning of period	$	9,792		$	33,177		$	9,990		$	33,290
Accretion of credit loss impairment due to an increase in expected cash flows	(110		)	(75		)	(308		)	(188		)
Balance, end of period	$	9,682		$	33,102		$	9,682		$	33,102
The credit loss component of the impairment loss represents the difference between the present value of expected future cash flows and the amortized cost basis of the security prior to considering credit losses. The beginning balance represents the credit loss component for debt securities for which other-than-temporary impairment occurred prior to each period presented. Other-than-temporary impairments recognized in earnings for credit impaired debt securities are presented as additions in two components based upon whether the current period is the first time the debt security was credit impaired (initial credit impairment) or is not the first time the debt security was credit impaired (subsequent credit impairment). The credit loss component is reduced if Valley sells, intends to sell or believes it will be required to sell previously credit impaired debt securities. Additionally, the credit loss component is reduced if (i) Valley receives cash flows in excess of what it expected to receive over the remaining life of the credit impaired debt security, (ii) the security matures or (iii) the security is fully written down.
Trading Securities
The fair value of trading securities (consisting of 2 single-issuer bank trust preferred securities) was $14.2 million and $14.3 million at June 30, 2014 and December 31, 2013, respectively. Interest income on trading securities totaled $291 thousand and $413 thousand for the three months ended June 30, 2014 and 2013, respectively, and $581 thousand and $855 thousand for the six months ended June 30, 2014 and 2013, respectively.

Loans

Loans	6 Months Ended
	Jun. 30, 2014
Receivables [Abstract]	'
Loans	'
	Loans
	The detail of the loan portfolio as of June 30, 2014 and December 31, 2013 was as follows:
		June 30, 2014												December 31, 2013
		Non-PCI				PCI Loans				Total				Non-PCI				PCI Loans				Total
		Loans												Loans
		(in thousands)
	Non-covered loans:
	Commercial and industrial	$	1,910,990			$	153,761			$	2,064,751			$	1,820,136			$	174,948			$	1,995,084
	Commercial real estate:
	Commercial real estate	4,707,209				393,233				5,100,442				4,521,920				459,755				4,981,675
	Construction	396,962				16,300				413,262				406,877				22,354				429,231
	Total commercial real estate loans	5,104,171				409,533				5,513,704				4,928,797				482,109				5,410,906
	Residential mortgage	2,447,974				13,542				2,461,516				2,485,239				14,726				2,499,965
	Consumer:
	Home equity	400,303				36,057				436,360				410,875				38,134				449,009
	Automobile	1,021,782				—				1,021,782				901,399				—				901,399
	Other consumer	252,603				159				252,762				214,898				186				215,084
	Total consumer loans	1,674,688				36,216				1,710,904				1,527,172				38,320				1,565,492
	Total non-covered loans	11,137,823				613,052				11,750,875				10,761,344				710,103				11,471,447
	Covered loans:
	Commercial and industrial	—				15,861				15,861				—				26,249				26,249
	Commercial real estate	—				38,738				38,738				—				61,494				61,494
	Residential mortgage	—				7,448				7,448				—				7,623				7,623
	Consumer	—				506				506				—				799				799
	Total covered loans	—				62,553				62,553				—				96,165				96,165
	Total loans	$	11,137,823			$	675,605			$	11,813,428			$	10,761,344			$	806,268			$	11,567,612
	Total non-covered loans are net of unearned discount and deferred loan fees totaling $7.3 million and $5.6 million at June 30, 2014 and December 31, 2013, respectively. The outstanding balances (representing contractual balances owed to Valley) for non-covered PCI loans and covered loans totaled $666.4 million and $92.6 million at June 30, 2014, respectively, and $796.1 million and $227.2 million at December 31, 2013, respectively.
	During the first quarter of 2014, we elected to transfer certain non-performing loans totaling $35.6 million from the non-covered loan portfolio (primarily within the commercial real estate loan and commercial and industrial loan categories) to loans held for sale. With the exception of one loan held for sale at June 30, 2014, all of the transferred loans were sold during the second quarter of 2014. There were no other sales of loans from the held for investment portfolio during the three and six months ended June 30, 2014 and 2013.
	Purchased Credit-Impaired Loans (Including Covered Loans)
	Purchased credit-impaired (PCI) loans, which include loans acquired in FDIC-assisted transactions (“covered loans”) subject to loss-sharing agreements, are acquired at a discount that is due, in part, to credit quality. PCI loans are accounted for in accordance with ASC Subtopic 310-30 and are initially recorded at fair value (as determined by the present value of expected future cash flows) with no valuation allowance (i.e., the allowance for loan losses), and aggregated and accounted for as pools of loans based on common risk characteristics. The difference between the undiscounted cash flows expected at acquisition and the initial carrying amount (fair value) of the PCI loans, or the “accretable yield,” is recognized as interest income utilizing the level-yield method over the life of each pool. Contractually required payments for interest and principal that exceed the undiscounted cash flows expected at acquisition, or the “non-accretable difference,” are not recognized as a yield adjustment, as a loss accrual or a valuation allowance. Reclassifications of the non-accretable difference to the accretable yield may occur subsequent to the loan acquisition dates due to increases in expected cash flows of the loan pools.
	The following table presents changes in the accretable yield for PCI loans during the three and six months ended June 30, 2014 and 2013:
		Three Months Ended								Six Months Ended
		June 30,								June 30,
		2014				2013				2014				2013
		(in thousands)
	Balance, beginning of period	$	209,865			$	153,138			$	223,799			$	169,309
	Accretion	(17,509		)		(17,639		)		(31,443		)		(33,874		)
	Net (decrease) increase in expected cash flows	(70,014		)		120,884				(70,014		)		120,948
	Balance, end of period	$	122,342			$	256,383			$	122,342			$	256,383
	The net (decrease) increase in expected cash flows for certain pools of loans (included in the table above) is recognized prospectively as an adjustment to the yield over the life of the individual pools. The net decrease during the three and six months ended June 30, 2014 was mainly due to an increase in the expected repayment speeds for certain pools of non-covered PCI loans during the second quarter of 2014. Conversely, the net increase during the three and six months ended June 30, 2013 was largely due to additional cash flows caused by longer than originally expected durations for other pools of non-covered PCI loans. Based upon the re-forecasted cash flows, the average expected life of the non-covered PCI loans (which represented almost 91 percent of total PCI loans at June 30, 2014) decreased to 2.2 years years during the second quarter of 2014 from approximately 4 years years last forecasted during the second quarter of 2013.
	FDIC Loss-Share Receivable
	The receivable arising from the loss-sharing agreements (referred to as the “FDIC loss-share receivable” on our consolidated statements of financial condition) is measured separately from the covered loan portfolio because the agreements are not contractually part of the covered loans and are not transferable should the Bank choose to dispose of the covered loans.
	Changes in the FDIC loss-share receivable for the three and six months ended June 30, 2014 and 2013 were as follows:
		Three Months Ended								Six Months Ended
		June 30,								June 30,
		2014				2013				2014				2013
		(in thousands)
	Balance, beginning of the period	$	31,257			$	43,413			$	32,757			$	44,996
	Discount accretion of the present value at the acquisition dates	12				32				23				65
	Effect of additional cash flows on covered loans (prospective recognition)	(2,104		)		(3,467		)		(3,960		)		(4,949		)
	Decrease in the provision for losses on covered loans	(4,417		)		(105		)		(4,417		)		(2,783		)
	Other reimbursable expenses	990				1,540				1,503				2,492
	(Reimbursements from) payments to the FDIC	(2,859		)		(727		)		(4,283		)		865
	Other	(2,192		)		—				(936		)		—
	Balance, end of the period	$	20,687			$	40,686			$	20,687			$	40,686
	The aggregate effect of changes in the FDIC loss-share receivable was a reduction in non-interest income of $7.7 million and $2.0 million for the three months ended June 30, 2014 and 2013, respectively, and a reduction of $7.8 million and $5.2 million to non-interest income for the six months ended June 30, 2014 and 2013, respectively. During the three months ended June 30, 2014, the FDIC loss-share receivable was reduced by $2.2 million (as shown in the "other" category in the table above) due to the FDIC's portion of loan recoveries related to closed (or zero-balance) loan pools.
	Loan Portfolio Risk Elements and Credit Risk Management
	Credit risk management. For all of its loan types discussed below, Valley adheres to a credit policy designed to minimize credit risk while generating the maximum income given the level of risk. Management reviews and approves these policies and procedures on a regular basis with subsequent approval by the Board of Directors annually. Credit authority relating to a significant dollar percentage of the overall portfolio is centralized and controlled by the Credit Risk Management Division and by the Credit Committee. A reporting system supplements the management review process by providing management with frequent reports concerning loan production, loan quality, concentrations of credit, loan delinquencies, non-performing, and potential problem loans. Loan portfolio diversification is an important factor utilized by Valley to manage its risk across business sectors and through cyclical economic circumstances.
	Commercial and industrial loans. A significant proportion of Valley’s commercial and industrial loan portfolio is granted to long-standing customers of proven ability and strong repayment performance. Underwriting standards are designed to assess the borrower’s ability to generate recurring cash flow sufficient to meet the debt service requirements of loans granted. While such recurring cash flow serves as the primary source of repayment, a significant number of the loans are collateralized by borrower assets intended to serve as a secondary source of repayment should the need arise. Anticipated cash flows of borrowers, however, may not be as expected and the collateral securing these loans may fluctuate in value, or in the case of loans secured by accounts receivable, the ability of the borrower to collect all amounts due from its customers. Short-term loans may be made on an unsecured basis based on a borrower’s financial strength and past performance. Valley, in most cases, will obtain the personal guarantee of the borrower’s principals to mitigate the risk. Unsecured loans, when made, are generally granted to the Bank’s most credit worthy borrowers. Unsecured commercial and industrial loans totaled $312.8 million and $314.6 million at June 30, 2014 and December 31, 2013, respectively.
	Commercial real estate loans. Commercial real estate loans are subject to underwriting standards and processes similar to commercial and industrial loans. Commercial real estate loans are viewed primarily as cash flow loans and secondarily as loans secured by real property. Loans generally involve larger principal balances and longer repayment periods as compared to commercial and industrial loans. Repayment of most loans is dependent upon the cash flow generated from the property securing the loan or the business that occupies the property. Commercial real estate loans may be more adversely affected by conditions in the real estate markets or in the general economy and accordingly conservative loan to value ratios are required at origination, as well as stress tested to evaluate the impact of market changes relating to key underwriting elements. The properties securing the commercial real estate portfolio represent diverse types, with most properties located within Valley’s primary markets.
	Construction loans. With respect to loans to developers and builders, Valley originates and manages construction loans structured on either a revolving or non-revolving basis, depending on the nature of the underlying development project. These loans are generally secured by the real estate to be developed and may also be secured by additional real estate to mitigate the risk. Non-revolving construction loans often involve the disbursement of substantially all committed funds with repayment substantially dependent on the successful completion and sale, or lease, of the project. Sources of repayment for these types of loans may be from pre-committed permanent loans from other lenders, sales of developed property, or an interim loan commitment from Valley until permanent financing is obtained elsewhere. Revolving construction loans (generally relating to single-family residential construction) are controlled with loan advances dependent upon the pre-sale of housing units financed. These loans are closely monitored by on-site inspections and are considered to have higher risks than other real estate loans due to their ultimate repayment being sensitive to interest rate changes, governmental regulation of real property, general economic conditions and the availability of long-term financing.
	Residential mortgages. Valley originates residential, first mortgage loans based on underwriting standards that generally comply with Fannie Mae and/or Freddie Mac requirements. Appraisals and valuations of real estate collateral are contracted directly with independent appraisers or from valuation services and not through appraisal management companies. The Bank’s appraisal management policy and procedure is in accordance with regulatory requirements and guidance issued by the Bank’s primary regulator. Credit scoring, using FICO® and other proprietary credit scoring models, is employed in the ultimate, judgmental credit decision by Valley’s underwriting staff. Valley does not use third party contract underwriting services. Residential mortgage loans include fixed and variable interest rate loans secured by one to four family homes generally located in northern and central New Jersey, the New York City metropolitan area, and eastern Pennsylvania. Valley’s ability to be repaid on such loans is closely linked to the economic and real estate market conditions in this region. In deciding whether to originate each residential mortgage, Valley considers the qualifications of the borrower as well as the value of the underlying property.
	Home equity loans. Home equity lending consists of both fixed and variable interest rate products. Valley mainly provides home equity loans to its residential mortgage customers within the footprint of its primary lending territory. Valley generally will not exceed a combined (i.e., first and second mortgage) loan-to-value ratio of 75 percent when originating a home equity loan.
Automobile loans. Valley uses both judgmental and scoring systems in the credit decision process for automobile loans. Automobile originations (including light truck and sport utility vehicles) are largely produced via indirect channels, originated through approved automobile dealers. Automotive collateral is generally a depreciating asset and there are times in the life of an automobile loan where the amount owed on a vehicle may exceed its collateral value. Additionally, automobile charge-offs will vary based on strength or weakness in the used vehicle market, original advance rate, when in the life cycle of a loan a default occurs and the condition of the collateral being liquidated. Where permitted by law, and subject to the limitations of the bankruptcy code, deficiency judgments are sought and acted upon to ultimately collect all money owed, even when a default resulted in a loss at collateral liquidation. Valley uses a third party to actively track collision and comprehensive risk insurance required of the borrower on the automobile and this third party provides coverage to Valley in the event of an uninsured collateral loss.
Other consumer loans. Valley’s other consumer loan portfolio includes direct consumer term loans, both secured and unsecured. The other consumer loan portfolio includes exposures in credit card loans, personal lines of credit, personal loans and loans secured by cash surrender value of life insurance. Valley believes the aggregate risk exposure of these loans and lines of credit was not significant at June 30, 2014. Unsecured consumer loans totaled approximately $32.4 million and $21.4 million, including $7.6 million and $8.3 million of credit card loans, at June 30, 2014 and December 31, 2013, respectively.
Credit Quality
The following table presents past due, non-accrual and current loans (excluding PCI loans, which are accounted for on a pool basis, and non-performing loans held for sale) by loan portfolio class at June 30, 2014 and December 31, 2013:
	Past Due and Non-Accrual Loans
	30-59				60-89				Accruing Loans				Non-Accrual				Total				Current		Total
	Days				Days				90 Days or More				Loans				Past Due				Non-PCI		Non-PCI
	Past Due				Past Due				Past Due								Loans				Loans		Loans
	Loans				Loans
	(in thousands)
30-Jun-14
Commercial and industrial	$	4,918			$	783			$	450			$	8,096			$	14,247			$	1,896,743	$	1,910,990
Commercial real estate:
Commercial real estate	3,493				57				2,212				32,507				38,269				4,668,940		4,707,209
Construction	3,988				5,332				—				6,534				15,854				381,108		396,962
Total commercial real estate loans	7,481				5,389				2,212				39,041				54,123				5,050,048		5,104,171
Residential mortgage	7,865				1,989				546				19,190				29,590				2,418,384		2,447,974
Consumer loans:
Home equity	727				327				—				1,985				3,039				397,264		400,303
Automobile	2,190				320				144				121				2,775				1,019,007		1,021,782
Other consumer	433				141				17				—				591				252,012		252,603
Total consumer loans	3,350				788				161				2,106				6,405				1,668,283		1,674,688
Total	$	23,614			$	8,949			$	3,369			$	68,433			$	104,365			$	11,033,458	$	11,137,823
31-Dec-13
Commercial and industrial	$	6,398			$	571			$	233			$	21,029			$	28,231			$	1,791,905	$	1,820,136
Commercial real estate:
Commercial real estate	9,142				2,442				7,591				43,934				63,109				4,458,811		4,521,920
Construction	1,186				4,577				—				8,116				13,879				392,998		406,877
Total commercial real estate loans	10,328				7,019				7,591				52,050				76,988				4,851,809		4,928,797
Residential mortgage	6,595				1,939				1,549				19,949				30,032				2,455,207		2,485,239
Consumer loans:
Home equity	495				241				—				1,866				2,602				408,273		410,875
Automobile	2,957				489				85				169				3,700				897,699		901,399
Other consumer	340				54				33				—				427				214,471		214,898
Total consumer loans	3,792				784				118				2,035				6,729				1,520,443		1,527,172
Total	$	27,113			$	10,313			$	9,491			$	95,063			$	141,980			$	10,619,364	$	10,761,344
Impaired loans. Impaired loans, consisting of non-accrual commercial and industrial loans and commercial real estate loans over $250 thousand and all loans which were modified in troubled debt restructuring, are individually evaluated for impairment. PCI loans are not classified as impaired loans because they are accounted for on a pool basis.
The following table presents the information about impaired loans by loan portfolio class at June 30, 2014 and December 31, 2013:
	Recorded				Recorded				Total				Unpaid				Related
	Investment				Investment				Recorded				Contractual				Allowance
	With No Related				With Related				Investment				Principal
	Allowance				Allowance								Balance
	(in thousands)
30-Jun-14
Commercial and industrial	$	4,215			$	27,699			$	31,914			$	38,362			$	5,586
Commercial real estate:
Commercial real estate	43,114				46,823				89,937				92,520				5,891
Construction	11,374				5,882				17,256				18,426				731
Total commercial real estate loans	54,488				52,705				107,193				110,946				6,622
Residential mortgage	5,573				20,753				26,326				29,275				3,539
Consumer loans:
Home equity	420				977				1,397				1,507				63
Total consumer loans	420				977				1,397				1,507				63
Total	$	64,696			$	102,134			$	166,830			$	180,090			$	15,810
31-Dec-13
Commercial and industrial	$	3,806			$	43,497			$	47,303			$	59,891			$	11,032
Commercial real estate:
Commercial real estate	46,872				47,973				94,845				110,227				7,874
Construction	11,771				8,022				19,793				21,478				802
Total commercial real estate loans	58,643				55,995				114,638				131,705				8,676
Residential mortgage	10,082				18,231				28,313				32,664				3,735
Consumer loans:
Home equity	1,010				84				1,094				1,211				82
Total consumer loans	1,010				84				1,094				1,211				82
Total	$	73,541			$	117,807			$	191,348			$	225,471			$	23,525
The following tables present by loan portfolio class, the average recorded investment and interest income recognized on impaired loans for the three and six months ended June 30, 2014 and 2013:
	Three Months Ended June 30,
	2014								2013
	Average				Interest				Average				Interest
	Recorded				Income				Recorded				Income
	Investment				Recognized				Investment				Recognized
	(in thousands)
Commercial and industrial	$	34,698			$	290			$	56,017			$	412
Commercial real estate:
Commercial real estate	93,123				924				114,066				866
Construction	19,061				154				19,932				70
Total commercial real estate loans	112,184				1,078				133,998				936
Residential mortgage	26,473				402				29,099				349
Consumer loans:
Home equity	1,427				29				1,174				14
Total consumer loans	1,427				29				1,174				14
Total	$	174,782			$	1,799			$	220,288			$	1,711
	Six Months Ended June 30,
	2014								2013
	Average				Interest				Average				Interest
	Recorded				Income				Recorded				Income
	Investment				Recognized				Investment				Recognized
	(in thousands)
Commercial and industrial	$	40,707			$	659			$	55,644			$	788
Commercial real estate:
Commercial real estate	95,321				1,569				113,735				1,617
Construction	19,348				298				19,547				139
Total commercial real estate loans	114,669				1,867				133,282				1,756
Residential mortgage	26,988				662				28,686				532
Consumer loans:
Home equity	1,253				42				1,194				26
Total consumer loans	1,253				42				1,194				26
Total	$	183,617			$	3,230			$	218,806			$	3,102
Interest income recognized on a cash basis (included in the tables above) was immaterial for the three and six months ended June 30, 2014 and 2013.
Troubled debt restructured loans. From time to time, Valley may extend, restructure, or otherwise modify the terms of existing loans, on a case-by-case basis, to remain competitive and retain certain customers, as well as assist other customers who may be experiencing financial difficulties. If the borrower is experiencing financial difficulties and a concession has been made at the time of such modification, the loan is classified as a troubled debt restructured loan (TDR). Valley’s PCI loans are excluded from the TDR disclosures below because they are evaluated for impairment on a pool by pool basis. When an individual PCI loan within a pool is modified as a TDR, it is not removed from its pool. All TDRs are classified as impaired loans and are included in the impaired loan disclosures above.
The majority of the concessions made for TDRs involve lowering the monthly payments on loans through either a reduction in interest rate below a market rate, an extension of the term of the loan without a corresponding adjustment to the risk premium reflected in the interest rate, or a combination of these two methods. The concessions rarely result in the forgiveness of principal or accrued interest. In addition, Valley frequently obtains additional collateral or guarantor support when modifying such loans. If the borrower has demonstrated performance under the previous terms and Valley’s underwriting process shows the borrower has the capacity to continue to perform under the restructured terms, the loan will continue to accrue interest. Non-accruing restructured loans may be returned to accrual status when there has been a sustained period of repayment performance (generally six consecutive months of payments) and both principal and interest are deemed collectible.
Performing TDRs (not reported as non-accrual loans) totaled $108.5 million and $107.0 million as of June 30, 2014 and December 31, 2013, respectively. Non-performing TDRs totaled $23.6 million and $48.4 million as of June 30, 2014 and December 31, 2013, respectively.
The following table presents loans by loan portfolio class modified as TDRs during the three and six months ended June 30, 2014 and 2013. The pre-modification and post-modification outstanding recorded investments disclosed in the table below represent the loan carrying amounts immediately prior to the modification and the carrying amounts at June 30, 2014 and 2013, respectively.
	Three Months Ended June 30, 2014											Three Months Ended June 30, 2013
Troubled Debt Restructurings	Number			Pre-Modification				Post-Modification				Number			Pre-Modification				Post-Modification
	of			Outstanding				Outstanding				of			Outstanding				Outstanding
	Contracts			Recorded				Recorded				Contracts			Recorded				Recorded
				Investment				Investment							Investment				Investment
	($ in thousands)
Commercial and industrial	3			$	1,469			$	1,469			6			$	13,912			$	13,881
Commercial real estate:
Commercial real estate	3			689				710				4			7,275				7,266
Construction	1			457				457				4			4,936				4,979
Total commercial real estate	4			1,146				1,167				8			12,211				12,245
Residential mortgage	4			2,325				2,273				5			1,414				1,259
Consumer	1			132				132				1			74				74
Total	12			$	5,072			$	5,041			20			$	27,611			$	27,459
	Six Months Ended June 30, 2014											Six Months Ended June 30, 2013
Troubled Debt Restructurings	Number			Pre-Modification				Post-Modification				Number			Pre-Modification				Post-Modification
	of			Outstanding				Outstanding				of			Outstanding				Outstanding
	Contracts			Recorded				Recorded				Contracts			Recorded				Recorded
				Investment				Investment							Investment				Investment
	($ in thousands)
Commercial and industrial	7			$	7,682			$	7,056			10			$	16,750			$	15,232
Commercial real estate:
Commercial real estate	10			16,596				15,641				9			11,729				11,727
Construction	3			5,784				5,782				5			5,474				5,510
Total commercial real estate	13			22,380				21,423				14			17,203				17,237
Residential mortgage	4			2,325				2,323				22			4,578				4,016
Consumer	1			132				132				6			452				397
Total	25			$	32,519			$	30,934			52			$	38,983			$	36,882
The majority of the TDR concessions made during the three and six months ended June 30, 2014 and 2013 involved an extension of the loan term and/or an interest rate reduction. The total TDRs presented in the above table had allocated specific reserves for loan losses totaling $2.3 million and $3.7 million at June 30, 2014 and 2013, respectively. These specific reserves are included in the allowance for loan losses for loans individually evaluated for impairment disclosed in Note 9. Partial loan charge-offs related to loans modified as TDRs totaled $861 thousand and $1.1 million during the six months ended June 30, 2014 and 2013, respectively. There were no charge-offs for the three months ended June 30, 3014 and 2013.
The following table presents non-PCI loans modified as TDRs within the previous 12 months for which there was a payment default (90 days or more past due) during the three and six months ended June 30, 2014:
	Three Months Ended							Six Months Ended
	30-Jun-14							30-Jun-14
Troubled Debt Restructurings Subsequently Defaulted	Number of			Recorded				Number of			Recorded
	Contracts			Investment				Contracts			Investment
	($ in thousands)
Commercial and industrial	1			$	1,943			1			$	1,943
Commercial real estate	—			$	—			3			5,866
Consumer	—			—				1			74
Total	1			$	1,943			5			$	7,883
Credit quality indicators. Valley utilizes an internal loan classification system as a means of reporting problem loans within commercial and industrial, commercial real estate, and construction loan portfolio classes. Under Valley’s internal risk rating system, loan relationships could be classified as “Pass,” “Special Mention,” “Substandard,” “Doubtful,” and “Loss.” Substandard loans include loans that exhibit well-defined weakness and are characterized by the distinct possibility that we will sustain some loss if the deficiencies are not corrected. Loans classified as Doubtful have all the weaknesses inherent in those classified as Substandard with the added characteristic that the weaknesses present make collection or liquidation in full, based on currently existing facts, conditions and values, highly questionable and improbable. Loans classified as Loss are those considered uncollectible with insignificant value and are charged-off immediately to the allowance for loan losses. Loans that do not currently pose a sufficient risk to warrant classification in one of the aforementioned categories, but pose weaknesses that deserve management’s close attention are deemed Special Mention. Loans rated as Pass do not currently pose any identified risk and can range from the highest to average quality, depending on the degree of potential risk. Risk ratings are updated any time the situation warrants.
The following table presents the risk category of loans (excluding PCI loans) by class of loans based on the most recent analysis performed at June 30, 2014 and December 31, 2013.
Credit exposure - by internally assigned risk rating	Pass				Special				Substandard				Doubtful				Total
					Mention
	(in thousands)
30-Jun-14
Commercial and industrial	$	1,804,464			$	51,218			$	55,308			$	—			$	1,910,990
Commercial real estate	4,548,965				51,651				106,593				—				4,707,209
Construction	371,971				3,163				16,725				5,103				396,962
Total	$	6,725,400			$	106,032			$	178,626			$	5,103			$	7,015,161
31-Dec-13
Commercial and industrial	$	1,689,613			$	56,007			$	74,501			$	15			$	1,820,136
Commercial real estate	4,348,642				48,159				125,119				—				4,521,920
Construction	373,480				11,697				15,720				5,980				406,877
Total	$	6,411,735			$	115,863			$	215,340			$	5,995			$	6,748,933
For residential mortgages, automobile, home equity and other consumer loan portfolio classes (excluding PCI loans), Valley also evaluates credit quality based on the aging status of the loan, which was previously presented, and by payment activity.
The following table presents the recorded investment in those loan classes based on payment activity as of June 30, 2014 and December 31, 2013:
Credit exposure - by payment activity	Performing				Non-Performing				Total Non-PCI
	Loans				Loans				Loans
	(in thousands)
30-Jun-14
Residential mortgage	$	2,428,784			$	19,190			$	2,447,974
Home equity	398,318				1,985				400,303
Automobile	1,021,661				121				1,021,782
Other consumer	252,603				—				252,603
Total	$	4,101,366			$	21,296			$	4,122,662
31-Dec-13
Residential mortgage	$	2,465,290			$	19,949			$	2,485,239
Home equity	409,009				1,866				410,875
Automobile	901,230				169				901,399
Other consumer	214,898				—				214,898
Total	$	3,990,427			$	21,984			$	4,012,411
Valley evaluates the credit quality of its PCI loan pools based on the expectation of the underlying cash flows of each pool, derived from the aging status and by payment activity of individual loans within the pool. The following table presents the recorded investment in PCI loans by class based on individual loan payment activity as of June 30, 2014 and December 31, 2013.
Credit exposure - by payment activity	Performing				Non-Performing				Total
	Loans				Loans				PCI Loans
	(in thousands)
30-Jun-14
Commercial and industrial	$	156,369			$	13,253			$	169,622
Commercial real estate	418,655				13,316				431,971
Construction	16,300				—				16,300
Residential mortgage	20,467				523				20,990
Consumer	36,352				370				36,722
Total	$	648,143			$	27,462			$	675,605
31-Dec-13
Commercial and industrial	$	185,185			$	16,012			$	201,197
Commercial real estate	498,184				23,065				521,249
Construction	16,791				5,563				22,354
Residential mortgage	21,381				968				22,349
Consumer	37,980				1,139				39,119
Total	$	759,521			$	46,747			$	806,268

Allowance_for_Credit_Losses

Allowance for Credit Losses	6 Months Ended
	Jun. 30, 2014
Receivables [Abstract]	'
Allowance for Credit Losses	'
	Allowance for Credit Losses
	The allowance for credit losses consists of the allowance for losses on non-covered loans and allowance for losses on covered loans related to credit impairment of certain covered loan pools subsequent to acquisition, as well as the allowance for unfunded letters of credit. Management maintains the allowance for credit losses at a level estimated to absorb probable loan losses of the loan portfolio and unfunded letter of credit commitments at the balance sheet date. The allowance for losses on non-covered loans is based on ongoing evaluations of the probable estimated losses inherent in the non-covered loan portfolio, including unexpected credit impairment or reduction in the provision of non-covered PCI loan pools subsequent to the acquisition date.
	The following table summarizes the allowance for credit losses at June 30, 2014 and December 31, 2013:
		June 30,			December 31,
		2014			2013
		(in thousands)
	Components of allowance for credit losses:
	Allowance for non-covered loans	$	101,942		$	106,547
	Allowance for covered loans	1,111			7,070
	Total allowance for loan losses	103,053			113,617
	Allowance for unfunded letters of credit	2,544			3,495
	Total allowance for credit losses	$	105,597		$	117,112
	The following table summarizes the provision for credit losses for the periods indicated:
		Three Months Ended						Six Months Ended
		June 30,						June 30,
		2014			2013			2014			2013
		(in thousands)
	Components of provision for credit losses:
	Provision for non-covered loans	$	—		$	2,746		$	4,949		$	6,456
	Provision for covered loans	(5,671		)	(110		)	(5,671		)	(2,276		)
	Total provision for loan losses	(5,671		)	2,636			(722		)	4,180
	Provision for unfunded letters of credit	—			(84		)	(951		)	141
	Total provision for credit losses	$	(5,671	)	$	2,552		$	(1,673	)	$	4,321
	The following table details activity in the allowance for loan losses by portfolio segment for the three and six months ended June 30, 2014 and 2013:
		Commercial			Commercial			Residential			Consumer			Unallocated			Total
		and Industrial			Real Estate			Mortgage
		(in thousands)
	Three Months Ended
	June 30, 2014:
	Allowance for loan losses:
	Beginning balance	$	49,932		$	38,382		$	6,979		$	4,107		$	7,309		$	106,709
	Loans charged-off (1)	(1,340		)	(2,032		)	(212		)	(1,167		)	—			(4,751		)
	Charged-off loans recovered (2)	4,420			1,468			157			721			—			6,766
	Net recoveries (charge-offs)	3,080			(564		)	(55		)	(446		)	—			2,015
	Provision for loan losses	(4,591		)	(2,551		)	94			1,707			(330		)	(5,671		)
	Ending balance	$	48,421		$	35,267		$	7,018		$	5,368		$	6,979		$	103,053
	Three Months Ended
	June 30, 2013:
	Allowance for loan losses:
	Beginning balance	$	55,732		$	44,195		$	9,331		$	5,460		$	7,126		$	121,844
	Loans charged-off (1)	(1,441		)	(4,389		)	(1,666		)	(860		)	—			(8,356		)
	Charged-off loans recovered	602			50			68			600			—			1,320
	Net charge-offs	(839		)	(4,339		)	(1,598		)	(260		)	—			(7,036		)
	Provision for loan losses	(1,161		)	3,323			788			(116		)	(198		)	2,636
	Ending balance	$	53,732		$	43,179		$	8,521		$	5,084		$	6,928		$	117,444
		Commercial			Commercial			Residential			Consumer			Unallocated			Total
		and Industrial			Real Estate			Mortgage
		(in thousands)
	Six Months Ended
	June 30, 2014:
	Allowance for loan losses:
	Beginning balance	$	51,551		$	42,343		$	7,786		$	4,359		$	7,578		$	113,617
	Loans charged-off (1) (3)	(9,954		)	(6,522		)	(275		)	(2,239		)	—			(18,990		)
	Charged-off loans recovered (2)	4,964			2,805			236			1,143			—			9,148
	Net charge-offs	(4,990		)	(3,717		)	(39		)	(1,096		)	—			(9,842		)
	Provision for loan losses	1,860			(3,359		)	(729		)	2,105			(599		)	(722		)
	Ending balance	$	48,421		$	35,267		$	7,018		$	5,368		$	6,979		$	103,053
	Six Months Ended
	June 30, 2013:
	Allowance for loan losses:
	Beginning balance	$	64,370		$	44,069		$	9,423		$	5,542		$	6,796		$	130,200
	Loans charged-off (1)	(8,766		)	(6,382		)	(2,558		)	(2,369		)	—			(20,075		)
	Charged-off loans recovered	1,940			65			138			996			—			3,139
Net charge-offs	(6,826		)	(6,317		)	(2,420		)	(1,373		)	—			(16,936		)
Provision for loan losses	(3,812		)	5,427			1,518			915			132			4,180
Ending balance	$	53,732		$	43,179		$	8,521		$	5,084		$	6,928		$	117,444
-1	Includes covered loans charge-offs totaling $749 thousand for both the three and six months ended June 30, 2014, and $146 thousand for the six months ended June 30, 2013. There were no covered loan charge-offs during the second quarter of 2013.
-2	Included covered loans recoveries totaling $462 thousand for both the three and six months ended June 30, 2014.
-3	The commercial and industrial loan and commercial real estate loan categories included $4.8 million and $3.5 million of charge-offs, respectively, related to the valuation of non-performing loans transferred to loans held for sale at March 31, 2014.
The following table represents the allocation of the allowance for loan losses and the related loans by loan portfolio segment disaggregated based on the impairment methodology at June 30, 2014 and December 31, 2013.
	Commercial			Commercial			Residential			Consumer			Unallocated			Total
	and Industrial			Real Estate			Mortgage
	(in thousands)
30-Jun-14
Allowance for loan losses:
Individually evaluated for impairment	$	5,586		$	6,622		$	3,539		$	63		$	—		$	15,810
Collectively evaluated for impairment	41,753			28,645			3,450			5,305			6,979			86,132
Loans acquired with discounts related to credit quality	1,082			—			29			—			—			1,111
Total	$	48,421		$	35,267		$	7,018		$	5,368		$	6,979		$	103,053
Loans:
Individually evaluated for impairment	$	31,914		$	107,193		$	26,326		$	1,397		$	—		$	166,830
Collectively evaluated for impairment	1,879,076			4,996,978			2,421,648			1,673,291			—			10,970,993
Loans acquired with discounts related to credit quality	169,622			448,271			20,990			36,722			—			675,605
Total	$	2,080,612		$	5,552,442		$	2,468,964		$	1,711,410		$	—		$	11,813,428
31-Dec-13
Allowance for loan losses:
Individually evaluated for impairment	$	11,032		$	8,676		$	3,735		$	82		$	—		$	23,525
Collectively evaluated for impairment	40,007			27,235			3,928			4,274			7,578			83,022
Loans acquired with discounts related to credit quality	512			6,432			123			3			—			7,070
Total	$	51,551		$	42,343		$	7,786		$	4,359		$	7,578		$	113,617
Loans:
Individually evaluated for impairment	$	47,303		$	114,638		$	28,313		$	1,094		$	—		$	191,348
Collectively evaluated for impairment	1,772,833			4,814,159			2,456,926			1,526,078			—			10,569,996
Loans acquired with discounts related to credit quality	201,197			543,603			22,349			39,119			—			806,268
Total	$	2,021,333		$	5,472,400		$	2,507,588		$	1,566,291		$	—		$	11,567,612

Goodwill_and_Other_Intangible_

Goodwill and Other Intangible Assets	6 Months Ended
	Jun. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract]	'
Goodwill and Other Intangible Assets	'
	Goodwill and Other Intangible Assets
	Goodwill totaled $428.2 million at both June 30, 2014 and December 31, 2013. There were no changes to the carrying amounts of goodwill allocated to Valley’s business segments, or reporting units thereof, for goodwill impairment analysis (as reported in Valley’s Annual Report on Form 10-K for the year ended December 31, 2013). There was no impairment of goodwill during the three and six months ended June 30, 2014 and 2013.
	The following table summarizes other intangible assets as of June 30, 2014 and December 31, 2013:
		Gross		Accumulated			Valuation			Net
		Intangible		Amortization			Allowance			Intangible
		Assets								Assets
		(in thousands)
	30-Jun-14
	Loan servicing rights	$	71,791	$	(48,337	)	$	(362	)	$	23,092
	Core deposits	35,194		(28,524		)	—			6,670
	Other	4,592		(2,219		)	—			2,373
	Total other intangible assets	$	111,577	$	(79,080	)	$	(362	)	$	32,135
	31-Dec-13
	Loan servicing rights	$	71,100	$	(45,032	)	$	(504	)	$	25,564
	Core deposits	35,194		(27,238		)	—			7,956
	Other	5,878		(3,268		)	—			2,610
	Total other intangible assets	$	112,172	$	(75,538	)	$	(504	)	$	36,130
	Loan servicing rights are accounted for using the amortization method. Under this method, Valley amortizes the loan servicing assets in proportion to, and over the period of estimated net servicing revenues. On a quarterly basis, Valley stratifies its loan servicing assets into groupings based on risk characteristics and assesses each group for impairment based on fair value. Impairment charges on loan servicing rights are recognized in earnings when the book value of a stratified group of loan servicing rights exceeds its estimated fair value. Valley recorded net recoveries of impairment charges on its loan servicing rights totaling $42 thousand and $759 thousand for the three months ended June 30, 2014 and 2013, respectively, and $142 thousand and $2.1 million for the six months ended June 30, 2014 and 2013, respectively.
	Core deposits are amortized using an accelerated method and have a weighted average amortization period of 11 years. The line item labeled “Other” included in the table above primarily consists of customer lists and covenants not to compete, which are amortized over their expected lives generally using a straight-line method and have a weighted average amortization period of approximately 18 years. Valley evaluates core deposits and other intangibles for impairment when an indication of impairment exists. No impairment was recognized during the three and six months ended June 30, 2014 and 2013.
	The following presents the estimated future amortization expense of other intangible assets for the remainder of 2014 through 2018:
		Loan		Core			Other
		Servicing		Deposits
		Rights
		(in thousands)
	2014	$	3,330	$	1,072		$	229
	2015	5,281		1,758			434
	2016	4,089		1,195			233
	2017	3,184		815			220
	2018	2,416		610			193
	Valley recognized amortization expense on other intangible assets, including net recoveries of impairment charges on loan servicing rights, totaling approximately $2.3 million and $1.9 million for the three months ended June 30, 2014 and 2013, respectively, and $4.7 million and $3.5 million for the six months ended June 30, 2014 and 2013, respectively.

Benefit_Plans

Benefit Plans	6 Months Ended
	Jun. 30, 2014
Compensation and Retirement Disclosure [Abstract]	'
Benefit Plans	'
	Benefit Plans
	Pension and Director Plans
	The Bank has a non-contributory defined benefit plan (“qualified plan”) covering most of its employees. The qualified plan benefits are based upon years of credited service and the employee’s highest average compensation as defined. Additionally, the Bank has a supplemental non-qualified, non-funded retirement plan, which is designed to supplement the pension plan for key officers, and Valley has a non-qualified, non-funded directors’ retirement plan (both of these plans are referred to as the “non-qualified plans” below).
	Effective December 31, 2013, the benefits earned under the qualified and non-qualified plans were frozen. As a result, participants are not accruing further benefits and their total pension benefits will be determined based on the compensation and service as of December 31, 2013. Plan benefits will not increase for any pay or service earned after such date. However, participants' benefits will continue to vest as long as they work for Valley.
	The fair value of qualified plan assets increased approximately $7.2 million, or 3.9 percent, to $192.1 million at June 30, 2014 from $184.9 million at December 31, 2013. There were no contributions to the qualified plan during the first half of 2014. Based upon actuarial estimates, Valley does not expect to make any contributions during the remainder of 2014.
	The following table sets forth the components of net periodic pension expense related to the qualified and non-qualified plans for the three and six months ended June 30, 2014 and 2013:
		Three Months Ended						Six Months Ended
		June 30,						June 30,
		2014			2013			2014			2013
		(in thousands)
	Service cost	$	—		$	2,056		$	—		$	4,043
	Interest cost	1,732			1,708			3,463			3,365
	Expected return on plan assets	(3,243		)	(3,183		)	(6,485		)	(5,742		)
	Amortization of prior service cost	—			241			—			443
	Amortization of actuarial loss	62			811			124			1,605
	Curtailment loss	—			750			—			750
	Total net periodic pension (income) expense	$	(1,449	)	$	2,383		$	(2,898	)	$	4,464
	Largely due to the freeze in the plans' benefits effective December 31, 2013, Valley recorded net periodic pension income of $1.4 million and $2.9 million for the three and six months ended June 30, 2014, respectively.
	Savings and Investment Plan
	Effective January 1, 2014, Valley increased the benefits under the Bank’s 401(k) plan in an effort to offset a portion of the employee benefits no longer accruing under the qualified pension plan after December 31, 2013. At such date, Valley’s contributions increased to a dollar-for-dollar matching contribution of up to six percent of eligible compensation contributed by an employee each pay period.

StockBased_Compensation

Stock-Based Compensation	6 Months Ended
	Jun. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Stock-Based Compensation	'
	Stock–Based Compensation
	Valley currently has one active employee equity plan, the 2009 Long-Term Stock Incentive Plan (the “Employee Stock Incentive Plan”), administered by the Compensation and Human Resources Committee (the “Committee”) appointed by Valley’s Board of Directors. The Committee can grant awards to officers and key employees of Valley. The purpose of the Employee Stock Incentive Plan is to provide additional incentive to officers and key employees of Valley and its subsidiaries, whose substantial contributions are essential to the continued growth and success of Valley, and to attract and retain competent and dedicated officers and other key employees whose efforts will result in the continued and long-term growth of Valley’s business. As of June 30, 2014, 4.2 million shares of common stock were available for issuance under the Employee Stock Incentive Plan.
	Under the Employee Stock Incentive Plan, Valley may award shares to its employees in the form of incentive stock options, non-qualified stock options, stock appreciation rights and restricted stock awards. The essential features of each award are described in the award agreement relating to that award. The grant, exercise, vesting, settlement or payment of an award may be based upon the fair value of Valley’s common stock on the last sale price reported for Valley’s common stock on such date or the last sale price reported preceding such date, except for performance-based restricted stock awards with a market condition. The grant date fair value of performance-based restricted stock that vests based on a market condition is determined by a third party specialist using a Monte Carlo valuation model.
	Valley awarded restricted stock totaling 681 thousand shares and 471 thousand shares during the six months ended June 30, 2014 and 2013, respectively (including an immaterial amount of awards granted during both the three months ended June 30, 2014 and 2013, respectively). Of the 681 thousand shares awarded during the six months ended June 30, 2014, 240 thousand shares were performance-based awards made to certain executive officers and 441 thousand shares were time-based awards to both executive officers and key employees of Valley. The performance-based awards vest based on (i) growth in tangible book value per share plus dividends (75 percent of performance shares) and (ii) total shareholder return as compared to our peer group (25 percent of performance shares). The majority of the performance-based awards “cliff” vest after three years based on the cumulative performance of Valley during that time period with an opportunity for earlier vesting of a portion of the shares based on growth in tangible book value performance as specified in the agreement. The restrictions on non-performance based awards will continue to lapse at the rate of one-third of the total award per year commencing with the first anniversary of the date of grant. The average grant date fair value of non-performance and performance-based restricted stock awarded during the six months ended June 30, 2014 was $9.60 and $9.10 per share, respectively.
	Valley recorded stock-based compensation expense for restricted stock awards as well as incentive stock options of $1.6 million and $1.4 million for the three months ended June 30, 2014 and 2013, respectively, and $3.8 million and $3.3 million for the six months ended June 30, 2014 and 2013, respectively. The fair values of stock awards are expensed over the shorter of the vesting or required service period. As of June 30, 2014, the unrecognized amortization expense for all stock-based employee compensation totaled approximately $11.7 million and will be recognized over an average remaining vesting period of approximately 3 years.

Guarantees

Guarantees	6 Months Ended
	Jun. 30, 2014
Guarantees [Abstract]	'
Guarantees	'
	Guarantees
	Guarantees that have been entered into by Valley include standby letters of credit of $216.5 million as of June 30, 2014. Standby letters of credit represent the guarantee by Valley of the obligations or performance of a customer in the event the customer is unable to meet or perform its obligations to a third party. Of the total standby letters of credit, $133.1 million, or 61.5 percent, are secured and, in the event of non-performance by the customer, Valley has rights to the underlying collateral, which includes commercial real estate, business assets (physical plant or property, inventory or receivables), marketable securities and cash in the form of bank savings accounts and certificates of deposit. As of June 30, 2014, Valley had a $698 thousand liability related to the standby letters of credit.

Derivative_Instruments_and_Hed

Derivative Instruments and Hedging Activities	6 Months Ended
	Jun. 30, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]	'
Derivative Instruments and Hedging Activities	'
	Derivative Instruments and Hedging Activities
	Valley enters into derivative financial instruments to manage exposures that arise from business activities that result in the payment of future known and uncertain cash amounts, the value of which are determined by interest rates.
	Cash Flow Hedges of Interest Rate Risk. Valley’s objectives in using interest rate derivatives are to add stability to interest expense and to manage its exposure to interest rate movements. To accomplish this objective, Valley uses interest rate swaps and caps as part of its interest rate risk management strategy. Interest rate swaps designated as cash flow hedges involve the payment of either fixed or variable-rate amounts in exchange for the receipt of variable or fixed-rate amounts from a counterparty. Interest rate caps designated as cash flow hedges involve the receipt of variable-rate amounts from a counterparty if interest rates rise above the strike rate on the contract in exchange for an up-front premium.
	Fair Value Hedges of Fixed Rate Assets and Liabilities. Valley is exposed to changes in the fair value of certain of its fixed rate assets or liabilities due to changes in benchmark interest rates based on one-month LIBOR. From time to time, Valley uses interest rate swaps to manage its exposure to changes in fair value. Interest rate swaps designated as fair value hedges involve the receipt of variable rate payments from a counterparty in exchange for Valley making fixed rate payments over the life of the agreements without the exchange of the underlying notional amount. For derivatives that are designated and qualify as fair value hedges, the gain or loss on the derivative as well as the loss or gain on the hedged item attributable to the hedged risk are recognized in earnings. Valley includes the gain or loss on the hedged items in the same income statement line item as the loss or gain on the related derivatives.
	Non-designated Hedges. Derivatives not designated as hedges may be used to manage Valley’s exposure to interest rate movements or to provide service to customers but do not meet the requirements for hedge accounting under U.S. GAAP. Derivatives not designated as hedges are not entered into for speculative purposes.
	Under a program, Valley executes interest rate swaps with commercial lending customers to facilitate their respective risk management strategies. These interest rate swaps with customers are simultaneously offset by interest rate swaps that Valley executes with a third party, such that Valley minimizes its net risk exposure resulting from such transactions. As the interest rate swaps associated with this program do not meet the strict hedge accounting requirements, changes in the fair value of both the customer swaps and the offsetting swaps are recognized directly in earnings.
	Valley regularly enters into mortgage banking derivatives which are non-designated hedges. These derivatives include interest rate lock commitments provided to customers to fund certain residential mortgage loans to be sold into the secondary market and forward commitments for the future delivery of such loans. Valley enters into forward commitments for the future delivery of residential mortgage loans when interest rate lock commitments are entered into in order to economically hedge the effect of future changes in interest rates on Valley’s commitments to fund the loans as well as on its portfolio of mortgage loans held for sale.
	During the second quarter of 2014, Valley issued $25 million of market linked certificates of deposit through a broker dealer. The rate paid on these hybrid instruments is based on a formula derived from the spread between the long and short ends of the constant maturity swap (CMS) rate curve. This type of instrument is referred to as a "steepener" since it derives its value from the slope of the CMS curve. Valley has determined that these hybrid instruments contain an embedded swap contract which has been bifurcated from the host contract. Valley entered into a swap (with a total notional amount of $25 million) almost simultaneously with the deposit issuance where the receive rate on the swap mirrors the pay rate on the brokered deposits. The bifurcated derivative and the stand alone swap are both marked to market through other non-interest expense. Although these instruments do not meet the hedge accounting requirements, the change in fair value of both the bifurcated derivative and the stand alone swap tend to move in opposite directions with changes in 90 day LIBOR rate and therefore provide an effective economic hedge.
	Amounts included in the consolidated statements of financial condition related to the fair value of Valley’s derivative financial instruments were as follows:
		30-Jun-14									31-Dec-13
		Fair Value									Fair Value
		Other Assets			Other Liabilities			Notional Amount			Other Assets			Other Liabilities		Notional Amount
		(in thousands)
	Derivatives designated as hedging instruments:
	Cash flow hedge interest rate caps and swaps	$	3,647		$	16,935		$	1,007,000		$	9,883		$	10,925	$	1,007,000
	Fair value hedge interest rate swaps	2,710			1,542			133,500			99			4,691		184,591
	Total derivatives designated as hedging instruments	$	6,357		$	18,477		$	1,140,500		$	9,982		$	15,616	$	1,191,591
	Derivatives not designated as hedging instruments:
	Interest rate swaps and embedded derivatives	$	8,114		$	8,105		$	373,745		$	4,823		$	4,823	$	259,832
	Mortgage banking derivatives	28			84			15,452			317			147		46,784
	Total derivatives not designated as hedging instruments	$	8,142		$	8,189		$	389,197		$	5,140		$	4,970	$	306,616
	The gains (losses) included in the consolidated statements of income and in other comprehensive income, on a pre-tax basis, related to interest rate derivatives designated as hedges of cash flows were as follows:
		Three Months Ended						Six Months Ended
		June 30,						June 30,
		2014			2013			2014			2013
		(in thousands)
	Amount of loss reclassified from accumulated other comprehensive loss to interest expense	$	(1,664	)	$	(1,714	)	$	(3,312	)	$	(3,594	)
	Amount of (loss) gain recognized in other comprehensive income	(8,368		)	3,508			(14,666		)	3,375
	There were no net gains or losses related to cash flow hedge ineffectiveness recognized during the three and six months ended June 30, 2014 and 2013. The accumulated net after-tax losses related to effective cash flow hedges included in accumulated other comprehensive loss were $12.9 million and $6.3 million at June 30, 2014 and December 31, 2013, respectively.
	Amounts reported in accumulated other comprehensive loss related to cash flow interest rate derivatives are reclassified to interest expense as interest payments are made on the hedged variable interest rate liabilities. Valley estimates that $8.3 million will be reclassified as an increase to interest expense over the next twelve months.
	The gains (losses) included in the consolidated statements of income related to interest rate derivatives designated as hedges of fair value were as follows:
		Three Months Ended						Six Months Ended
		June 30,						June 30,
		2014			2013			2014			2013
		(in thousands)
	Derivative - interest rate swaps:
	Interest income	$	(49	)	$	425		$	(73	)	$	522
	Interest expense	2,856			(134		)	5,832			(274		)
	Hedged item - loans, deposits and long-term borrowings:
	Interest income	$	49		$	(425	)	$	73		$	(522	)
	Interest expense	(2,859		)	136			(5,800		)	279
	During the three and six months ended June 30, 2014 and 2013, the amounts recognized in non-interest expense related to ineffectiveness of fair value hedges were immaterial. Valley recognized a net reduction to interest expense of $145 thousand for the three months ended June 30, 2013, and $100 thousand and $287 thousand for the six months ended June 30, 2014 and 2013, respectively, related to Valley’s fair value hedges on brokered time deposits, which include net settlements on the derivatives. The fair value hedges on brokered time deposits expired in March 2014.
	The net gains (losses) included in the consolidated statements of income related to derivative instruments not designated as hedging instruments were as follows:
		Three Months Ended						Six Months Ended
		June 30,						June 30,
		2014			2013			2014			2013
		(in thousands)
	Non-designated hedge interest rate derivatives
	Other non-interest expense	$	(43	)	$	1,461		$	(216	)	$	1,090
	Credit Risk Related Contingent Features. By using derivatives, Valley is exposed to credit risk if counterparties to the derivative contracts do not perform as expected. Management attempts to minimize counterparty credit risk through credit approvals, limits, monitoring procedures and obtaining collateral where appropriate. Credit risk exposure associated with derivative contracts is managed at Valley in conjunction with Valley’s consolidated counterparty risk management process. Valley’s counterparties and the risk limits monitored by management are periodically reviewed and approved by the Board of Directors.
	Valley has agreements with its derivative counterparties providing that if Valley defaults on any of its indebtedness, including default where repayment of the indebtedness has not been accelerated by the lender, then Valley could also be declared in default on its derivative counterparty agreements. Additionally, Valley has an agreement with several of its derivative counterparties that contains provisions that require Valley’s debt to maintain an investment grade credit rating from each of the major credit rating agencies, from which it receives a credit rating. If Valley’s credit rating is reduced below investment grade or such rating is withdrawn or suspended, then the counterparty could terminate the derivative positions, and Valley would be required to settle its obligations under the agreements. As of June 30, 2014, Valley was in compliance with all of the provisions of its derivative counterparty agreements. As of June 30, 2014, the fair value of derivatives in a net liability position, which includes accrued interest but excludes any adjustment for nonperformance risk related to these agreements was $7.1 million. Valley has derivative counterparty agreements that require minimum collateral posting thresholds for certain counterparties. At June 30, 2014, Valley had $28.8 million in collateral posted with its counterparties.

Balance_Sheet_Offsetting

Balance Sheet Offsetting	6 Months Ended
	Jun. 30, 2014
Offsetting [Abstract]	'
Balance Sheet Offsetting	'
	Balance Sheet Offsetting
	Certain financial instruments, including derivatives (consisting of interest rate caps and swaps) and repurchase agreements (accounted for as secured long-term borrowings), may be eligible for offset in the consolidated balance sheet and/or subject to master netting arrangements or similar agreements. Valley is party to master netting arrangements with its financial institution counterparties; however, Valley does not offset assets and liabilities under these arrangements for financial statement presentation purposes. The master netting arrangements provide for a single net settlement of all swap agreements, as well as collateral, in the event of default on, or termination of, any one contract. Collateral, usually in the form of cash or marketable investment securities, is posted by the counterparty with net liability positions in accordance with contract thresholds. Master repurchase agreements which include “right of set-off” provisions generally have a legally enforceable right to offset recognized amounts. In such cases, the collateral would be used to settle the fair value of the repurchase agreement should Valley be in default. The table below presents information about Valley’s financial instruments that are eligible for offset in the consolidated statements of financial condition as of June 30, 2014 and December 31, 2013.
								Gross Amounts Not Offset
		Gross Amounts		Gross Amounts		Net Amounts		Financial			Cash				Net
		Recognized		Offset		Presented		Instruments			Collateral				Amount
		(in thousands)
	30-Jun-14
	Assets:
	Interest rate caps and swaps	$	13,465	$	—	$	13,465	$	(6,597	)	$	—			$	6,868
	Liabilities:
	Interest rate caps and swaps	$	26,582	$	—	$	26,582	$	(6,597	)	$	(19,985	)		$	—
	Repurchase agreements	520,000		—		520,000		—			(520,000		)	*	—
	Total	$	546,582	$	—	$	546,582	$	(6,597	)	$	(539,985	)		$	—
	31-Dec-13
	Assets:
	Interest rate caps and swaps	$	14,805	$	—	$	14,805	$	(8,284	)	$	—			$	6,521
	Liabilities:
	Interest rate caps and swaps	$	20,439	$	—	$	20,439	$	(8,284	)	$	(12,155	)		$	—
	Repurchase agreements	520,000		—		520,000		—			(520,000		)	*	—
	Total	$	540,439	$	—	$	540,439	$	(8,284	)	$	(532,155	)		$	—
	*	Represents fair value of non-cash pledged investment securities.

Income_Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2014
Income Tax Disclosure [Abstract]	'
Income Taxes	'
	Income Taxes
	During the six months ended June 30, 2014, Valley recorded a $8.3 million tax benefit (as a component of its total income tax expense) related to the reduction in its reserve for unrecognized tax benefits. The reduction was primarily due to an income tax audit resolution related to the valuation of certain depreciable property. Pursuant to ASC Topic 740, “Income Taxes,” a change in the measurement of a tax position taken in a prior annual period is recognized as a discrete event in the period in which it occurs.

Business_Segments

Business Segments	6 Months Ended
	Jun. 30, 2014
Segment Reporting [Abstract]	'
Business Segments	'
	Business Segments
	The information under the caption “Business Segments” in Management’s Discussion and Analysis of the Financial Condition and Results of Operations is incorporated herein by reference.

New_Authoritative_Accounting_G1

New Authoritative Accounting Guidance (Policies)	6 Months Ended
	Jun. 30, 2014
Accounting Changes and Error Corrections [Abstract]	'
New Authoritative Accounting Guidance	'
	New Authoritative Accounting Guidance
	Accounting Standards Update (ASU) No. 2014-12, "Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period" requires that a performance target that affects vesting and that could be achieved after the requisite service period be treated as a performance condition. ASU No. 2014-12 will be effective for reporting periods after January 1, 2015 and is not expected to have a significant impact on Valley's consolidated financial statements.
	ASU No. 2014-11, "Repurchase-to-Maturity Transactions, Repurchase Financings, and Disclosures" requires entities to account for repurchase-to-maturity transactions as secured borrowings rather than as sales with forward repurchase agreements and expands disclosure requirements related to certain transfers of financial assets that are accounted for as sales and certain transfers (specifically, repos, securities lending transactions, and repurchase-to-maturity transactions) accounted for as secured borrowings. The accounting-related changes are effective for the first interim or annual period beginning after December 15, 2014. The disclosures for certain transactions accounted for as sales are required for interim and annual periods beginning after December 15, 2014. The disclosures for repos, securities lending transactions, and repos-to-maturity accounted for as secured borrowings are required for annual periods beginning after December 15, 2014, and interim periods beginning after March 15, 2015. Early adoption of the ASU No. 2014-11 is prohibited. As of June 30, 2014, all of Valley's repurchase agreements were typical in nature (i.e., not repurchase-to-maturity transactions or repurchase agreements executed as a repurchase financing) and are accounted for as secured borrowings. As such, Valley's adoption of ASU No. 2014-11 is not expected to have a significant impact on its consolidated financial statements.
	ASU No. 2014-04, “Receivables-Troubled Debt Restructurings by Creditors (Subtopic 310-40): Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure,” clarifies that an in-substance repossession or foreclosure occurs, and a creditor is considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan, upon either the creditor obtaining legal title to the residential real estate property upon completion of a foreclosure, or the borrower conveying all interest in the residential real estate property to the creditor to satisfy that loan through completion of a deed in lieu of foreclosure or through a similar legal agreement. Additionally, this ASU requires interim and annual disclosure of both the amount of foreclosed residential real estate property held by the creditor and the recorded investment in consumer mortgage loans collateralized by residential real estate property that are in the process of foreclosure according to local requirements of the applicable jurisdiction. ASU No. 2014-04 is effective for annual and interim periods beginning after December 15, 2014. Valley’s adoption of ASU No. 2014-04 is not expected to have a significant impact on its consolidated financial statements.
	ASU No. 2014-01, “Investments-Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Qualified Affordable Housing Projects,” amends existing guidance to permit reporting entities to make an accounting policy election to account for their investments in qualified affordable housing projects using the proportional amortization method if certain conditions are met. Under the proportional amortization method, an entity amortizes the initial cost of the investment in proportion to the tax credits and other tax benefits received and recognizes the net investment performance in the income statement as a component of income tax expense or benefit. For those investments in qualified affordable housing projects not accounted for using the proportional amortization method, the investment should be accounted for as an equity method investment or a cost method investment in accordance with Subtopic 970-323. ASU No. 2014-01 is effective for annual periods and interim reporting periods within those annual periods beginning after December 15, 2014. Early adoption is permitted. Valley’s adoption of ASU No. 2014-01 is not expected to have a significant impact on its consolidated financial statements.
	ASU No. 2013-11, “Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists,” provides guidance on financial statement presentation of an unrecognized tax benefit when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists. This ASU applies to all entities with unrecognized tax benefits that also have tax loss or tax credit carryforwards in the same tax jurisdiction as of the reporting date. ASU No. 2013-11 became effective for Valley on January 1, 2014 and did not have a significant impact on its consolidated financial statements.

Earnings_Per_Common_Share_Tabl

Earnings Per Common Share (Tables)	6 Months Ended
	Jun. 30, 2014
Earnings Per Share [Abstract]	'
Calculation of Both Basic and Diluted Earnings Per Common Share	'
	The following table shows the calculation of both basic and diluted earnings per common share for the three and six months ended June 30, 2014 and 2013:
		Three Months Ended				Six Months Ended
		June 30,				June 30,
		2014		2013		2014		2013
		(in thousands, except for share data)
	Net income	$	29,520	$	33,922	$	63,355	$	65,232
	Basic weighted average number of common shares outstanding	200,472,592		199,244,243		200,301,438		199,085,501
	Diluted weighted average number of common shares outstanding	200,472,592		199,244,243		200,301,438		199,085,501
	Earnings per common share:
	Basic	$	0.15	$	0.17	$	0.32	$	0.33
	Diluted	0.15		0.17		0.32		0.33

Accumulated_Other_Comprehensiv1

Accumulated Other Comprehensive Loss (Tables)	6 Months Ended
	Jun. 30, 2014
Equity [Abstract]	'
Schedule of Changes in Accumulated Other Comprehensive Loss After Tax	'
	The following table presents the after-tax changes in the balances of each component of accumulated other comprehensive loss for the three and six months ended June 30, 2014.
		Components of Accumulated Other Comprehensive Loss												Total
														Accumulated
														Other
														Comprehensive
		Unrealized Gains			Non-credit			Unrealized Gains			Defined			Loss
		and (Losses) on			Impairment			and (Losses) on			Benefit
		Available for Sale			Losses on			Derivatives			Pension Plan
		(AFS) Securities			AFS Securities
		(in thousands)
	Balance at March 31, 2014	$	(13,634	)	$	(779	)	$	(8,968	)	$	(10,283	)	$	(33,664	)
	Other comprehensive income before reclassifications	7,123			164			(4,862		)	—			2,425
	Amounts reclassified from other comprehensive income	(4		)	(64		)	973			37			942
	Other comprehensive income, net	7,119			100			(3,889		)	37			3,367
	Balance at June 30, 2014	$	(6,515	)	$	(679	)	$	(12,857	)	$	(10,246	)	$	(30,297	)
	Balance at December 31, 2013	$	(20,855	)	$	(806	)	$	(6,271	)	$	(10,320	)	$	(38,252	)
	Other comprehensive income before reclassifications	14,339			306			(8,524		)	—			6,121
	Amounts reclassified from other comprehensive income	1			(179		)	1,938			74			1,834
	Other comprehensive income, net	14,340			127			(6,586		)	74			7,955
	Balance at June 30, 2014	$	(6,515	)	$	(679	)	$	(12,857	)	$	(10,246	)	$	(30,297	)
Schedule of Accumulated Other Comprehensive Loss	'
		Components of Accumulated Other Comprehensive Loss												Total
														Accumulated
														Other
														Comprehensive
		Unrealized Gains			Non-credit			Unrealized Gains			Defined			Loss
		and (Losses) on			Impairment			and (Losses) on			Benefit
		Available for Sale			Losses on			Derivatives			Pension Plan
		(AFS) Securities			AFS Securities
		(in thousands)
	Balance at March 31, 2014	$	(13,634	)	$	(779	)	$	(8,968	)	$	(10,283	)	$	(33,664	)
	Other comprehensive income before reclassifications	7,123			164			(4,862		)	—			2,425
	Amounts reclassified from other comprehensive income	(4		)	(64		)	973			37			942
	Other comprehensive income, net	7,119			100			(3,889		)	37			3,367
	Balance at June 30, 2014	$	(6,515	)	$	(679	)	$	(12,857	)	$	(10,246	)	$	(30,297	)
	Balance at December 31, 2013	$	(20,855	)	$	(806	)	$	(6,271	)	$	(10,320	)	$	(38,252	)
	Other comprehensive income before reclassifications	14,339			306			(8,524		)	—			6,121
	Amounts reclassified from other comprehensive income	1			(179		)	1,938			74			1,834
	Other comprehensive income, net	14,340			127			(6,586		)	74			7,955
	Balance at June 30, 2014	$	(6,515	)	$	(679	)	$	(12,857	)	$	(10,246	)	$	(30,297	)
	The following table presents amounts reclassified from each component of accumulated other comprehensive loss on a gross and net of tax basis for the three and six months ended June 30, 2014 and 2013.
		Amounts Reclassified from
		Accumulated Other Comprehensive Loss
		Three Months Ended June 30,						Six Months Ended
								June 30,
	Components of Accumulated Other Comprehensive Loss	2014			2013			2014			2013			Income Statement
														Line Item
		(in thousands)
	Unrealized gains (losses) on AFS securities before tax	$	7		$	41		$	(1	)	$	3,999		Gains (losses) on securities transactions, net
	Tax effect	(3		)	(16		)	—			(1,675		)
	Total net of tax	4			25			(1		)	2,324
	Non-credit impairment losses on AFS securities before tax:
	Accretion of credit loss impairment due to an increase in expected cash flows	110			75			308			188			Interest and dividends on investment securities (taxable)
	Tax effect	(46		)	(32		)	(129		)	(79		)
	Total net of tax	64			43			179			109
	Unrealized losses on derivatives (cash flow hedges) before tax	(1,664		)	(1,714		)	(3,312		)	(3,594		)	Interest expense
	Tax effect	691			719			1,374			1,508
	Total net of tax	(973		)	(995		)	(1,938		)	(2,086		)
	Defined benefit pension plan:
	Amortization of prior service cost	—			(241		)	—			(443		)	*
	Amortization of net actuarial loss	(62		)	(811		)	(124		)	(1,605		)	*
	Recognition of loss due to curtailment	—			(750		)	—			(750		)	*
	Total before tax	(62		)	(1,802		)	(124		)	(2,798		)
	Tax effect	25			730			50			1,133
	Total net of tax	(37		)	(1,072		)	(74		)	(1,665		)
	Total reclassifications, net of tax	$	(942	)	$	(1,999	)	$	(1,834	)	$	(1,318	)
	*	These accumulated other comprehensive loss components are included in the computation of net periodic pension cost.

Fair_Value_Measurement_of_Asse1

Fair Value Measurement of Assets and Liabilities (Tables)	6 Months Ended
	Jun. 30, 2014
Fair Value Disclosures [Abstract]	'
Assets and Liabilities Measured at Fair Value on Recurring and Non-Recurring Basis	'
	The following tables present the assets and liabilities that are measured at fair value on a recurring and nonrecurring basis by level within the fair value hierarchy as reported on the consolidated statements of financial condition at June 30, 2014 and December 31, 2013. The assets presented under “nonrecurring fair value measurements” in the table below are not measured at fair value on an ongoing basis but are subject to fair value adjustments under certain circumstances (e.g., when an impairment loss is recognized).
		June 30,				Fair Value Measurements at Reporting Date Using:
		2014				Quoted Prices				Significant				Significant
						in Active Markets				Other				Unobservable
						for Identical				Observable Inputs				Inputs
						Assets (Level 1)				(Level 2)				(Level 3)
		(in thousands)
	Recurring fair value measurements:
	Assets
	Investment securities:
	Available for sale:
	U.S. Treasury securities	$	91,887			$	91,887			$	—			$	—
	U.S. government agency securities	46,041				—				46,041				—
	Obligations of states and political subdivisions	38,015				—				38,015				—
	Residential mortgage-backed securities	478,132				—				456,630				21,502
	Trust preferred securities	20,650				—				16,123				4,527
	Corporate and other debt securities	84,536				27,473				57,063				—
	Equity securities	23,944				2,170				21,774				—
	Total available for sale	783,205				121,530				635,646				26,029
	Trading securities	14,221				—				14,221
	Loans held for sale (1)	8,218				—				8,218				—
	Other assets (2)	14,499				—				14,499				—
	Total assets	$	820,143			$	121,530			$	672,584			$	26,029
	Liabilities
	Other liabilities (2)	$	26,666			$	—			$	26,666			$	—
	Total liabilities	$	26,666			$	—			$	26,666			$	—
	Non-recurring fair value measurements:
	Non-performing loans held for sale	$	7,850			$	—			$	7,850			$	—
	Collateral dependent impaired loans (3)	21,740				—				—				21,740
	Loan servicing rights	2,314				—				—				2,314
	Foreclosed assets (4)	12,715				—				—				12,715
	Total	$	44,619			$	—			$	7,850			$	36,769
						Fair Value Measurements at Reporting Date Using:
		December 31,				Quoted Prices				Significant				Significant
		2013				in Active Markets				Other				Unobservable
						for Identical				Observable Inputs				Inputs
						Assets (Level 1)				(Level 2)				(Level 3)
		(in thousands)
	Recurring fair value measurements:
	Assets
	Investment securities:
	Available for sale:
	U.S. Treasury securities	$	84,665			$	84,665			$	—			$	—
	U.S. government agency securities	48,627				—				48,627				—
	Obligations of states and political subdivisions	37,700				—				37,700				—
	Residential mortgage-backed securities	508,029				—				483,277				24,752
	Trust preferred securities	19,215				—				15,444				3,771
	Corporate and other debt securities	83,398				27,273				56,125				—
	Equity securities	48,058				26,905				21,153				—
	Total available for sale	829,692				138,843				662,326				28,523
	Trading securities	14,264				—				14,264				—
	Loans held for sale (1)	10,488				—				10,488				—
	Other assets (2)	15,122				—				15,122				—
	Total assets	$	869,566			$	138,843			$	702,200			$	28,523
	Liabilities
	Other liabilities (2)	$	20,586			$	—			$	20,586			$	—
	Total liabilities	$	20,586			$	—			$	20,586			$	—
	Non-recurring fair value measurements:
	Collateral dependent impaired loans (3)	$	35,700			$	—			$	—			$	35,700
	Loan servicing rights	3,677				—				—				3,677
	Foreclosed assets (4)	25,929				—				—				25,929
	Total	$	65,306			$	—			$	—			$	65,306
	-1	Loans held for sale carried at fair value (which consist of residential mortgages) had contractual unpaid principal balances totaling approximately $8.0 million and $10.4 million at June 30, 2014 and December 31, 2013, respectively.
-2	Derivative financial instruments are included in this category.
-3	Excludes PCI loans.
-4	Includes covered real estate owned totaling $2.8 million and $7.6 million at June 30, 2014 and December 31, 2013, respectively.
Changes in Level 3 Assets Measured at Fair Value on Recurring Basis	'
	The changes in Level 3 assets measured at fair value on a recurring basis for the three and six months ended June 30, 2014 and 2013 are summarized below:
		Available for Sale Securities
		Three Months Ended								Six Months Ended
		June 30,								June 30,
		2014				2013				2014				2013
		(in thousands)
	Balance, beginning of the period	$	26,911			$	77,920			$	28,523			$	71,674
	Total net gains for the period included in other comprehensive income	174				3,406				222				11,439
	Settlements	(1,056		)		(2,214		)		(2,716		)		(4,001		)
	Balance, end of the period	$	26,029			$	79,112			$	26,029			$	79,112
Schedule of Quantitative Information about Level 3 Inputs Used to Measure Fair Value of Available for Sale Securities	'
	The following table presents quantitative information about Level 3 inputs used to measure the fair value of these securities at June 30, 2014:
	Security Type	Valuation		Unobservable		Range		Weighted
		Technique		Input				Average
	Private label mortgage-backed securities	Discounted cash flow		Prepayment rate		1.30 - 44.30		14.4	%
				Default rate		2.4 - 22.96		7.9
				Loss severity		40.0 - 52.90		48.9
Schedule of Gains and Losses from Fair Value Changes	'
	The following table presents the amount of gains and losses from fair value changes included in income before income taxes for financial assets and liabilities carried at fair value for the three and six months ended June 30, 2014 and 2013:
	Reported in Consolidated Statements of Financial Condition		Reported in		Gains (Losses) on Change in Fair Value
			Consolidated Statements		Three Months Ended								Six Months Ended
			of Income		June 30,								June 30,
					2014				2013				2014				2013
					(in thousands)
	Assets:
	Trading securities		Trading losses, net		$	(34	)		$	(36	)		$	(43	)		$	(66	)
	Loans held for sale		Gains on sales of loans, net		679				14,366				1,592				29,426
	Liabilities:
	Junior subordinated debentures issued to capital trusts		Trading losses, net		—				(234		)		—				(2,406		)
					$	645			$	14,096			$	1,549			$	26,954
Carrying Amounts and Estimated Fair Values of Financial Instruments	'
	The carrying amounts and estimated fair values of financial instruments not measured and not reported at fair value on the consolidated statements of financial condition at June 30, 2014 and December 31, 2013 were as follows:
		Fair Value		30-Jun-14								31-Dec-13
		Hierarchy		Carrying				Fair Value				Carrying				Fair Value
				Amount								Amount
				(in thousands)
	Financial assets
	Cash and due from banks	Level 1		$	266,101			$	266,101			$	234,253			$	234,253
	Interest bearing deposits with banks	Level 1		40,580				40,580				134,915				134,915
	Investment securities held to maturity:
	U.S. Treasury securities	Level 1		139,192				149,128				139,255				144,307
	U.S. government agency securities	Level 2		14,346				14,718				4,427				4,365
	Obligations of states and political subdivisions	Level 2		515,402				530,393				545,886				543,151
	Residential mortgage-backed securities	Level 2		1,019,086				1,028,120				886,043				871,021
	Trust preferred securities	Level 2		98,452				85,886				103,458				91,489
	Corporate and other debt securities	Level 2		39,665				45,876				52,668				57,094
	Total investment securities held to maturity			1,826,143				1,854,121				1,731,737				1,711,427
	Net loans	Level 3		11,710,375				11,513,205				11,453,995				11,294,348
	Accrued interest receivable	Level 1		53,650				53,650				53,964				53,964
	Federal Reserve Bank and Federal Home Loan Bank stock (1)	Level 1		138,180				138,180				137,234				137,234
	Financial liabilities
	Deposits without stated maturities	Level 1		9,224,563				9,224,563				9,139,993				9,139,993
	Deposits with stated maturities	Level 2		2,191,489				2,254,453				2,179,269				2,206,427
	Short-term borrowings	Level 1		354,230				354,230				281,455				281,455
	Long-term borrowings	Level 2		2,797,986				3,040,487				2,792,306				3,036,953
	Junior subordinated debentures issued to capital trusts	Level 2		41,171				45,191				41,089				45,261
	Accrued interest payable (2)	Level 1		16,652				16,652				16,442				16,442
	-1	Included in other assets.
	-2	Included in accrued expenses and other liabilities.

Investment_Securities_Tables

Investment Securities (Tables)	6 Months Ended
	Jun. 30, 2014
Investments, Debt and Equity Securities [Abstract]	'
Amortized Cost, Gross Unrealized Gains and Losses and Fair Value of Securities Held to Maturity	'
	The amortized cost, gross unrealized gains and losses and fair value of securities held to maturity at June 30, 2014 and December 31, 2013 were as follows:
		Amortized			Gross			Gross			Fair Value
		Cost			Unrealized			Unrealized
					Gains			Losses
		(in thousands)
	30-Jun-14
	U.S. Treasury securities	$	139,192		$	9,936		$	—		$	149,128
	U.S. government agency securities	14,346			372			—			14,718
	Obligations of states and political subdivisions:
	Obligations of states and state agencies	198,610			7,056			(1,291		)	204,375
	Municipal bonds	316,792			10,441			(1,215		)	326,018
	Total obligations of states and political subdivisions	515,402			17,497			(2,506		)	530,393
	Residential mortgage-backed securities	1,019,086			20,233			(11,199		)	1,028,120
	Trust preferred securities	98,452			193			(12,759		)	85,886
	Corporate and other debt securities	39,665			6,213			(2		)	45,876
	Total investment securities held to maturity	$	1,826,143		$	54,444		$	(26,466	)	$	1,854,121
	31-Dec-13
	U.S. Treasury securities	$	139,255		$	5,567		$	(515	)	$	144,307
	U.S. government agency securities	4,427			—			(62		)	4,365
	Obligations of states and political subdivisions:
	Obligations of states and state agencies	192,653			1,944			(5,473		)	189,124
	Municipal bonds	353,233			6,053			(5,259		)	354,027
	Total obligations of states and political subdivisions	545,886			7,997			(10,732		)	543,151
	Residential mortgage-backed securities	886,043			12,609			(27,631		)	871,021
	Trust preferred securities	103,458			363			(12,332		)	91,489
	Corporate and other debt securities	52,668			4,426			—			57,094
	Total investment securities held to maturity	$	1,731,737		$	30,962		$	(51,272	)	$	1,711,427
Age of Unrealized Losses and Fair Value of Related Securities Held to Maturity	'
	The age of unrealized losses and fair value of related securities held to maturity at June 30, 2014 and December 31, 2013 were as follows:
		Less than						More than						Total
		Twelve Months						Twelve Months
		Fair Value			Unrealized			Fair Value			Unrealized			Fair Value		Unrealized
					Losses						Losses					Losses
		(in thousands)
	30-Jun-14
	Obligations of states and political subdivisions:
	Obligations of states and state agencies	$	10,364		$	(12	)	$	46,593		$	(1,279	)	$	56,957	$	(1,291	)
	Municipal bonds	2,276			(9		)	55,006			(1,206		)	57,282		(1,215		)
	Total obligations of states and political subdivisions	12,640			(21		)	101,599			(2,485		)	114,239		(2,506		)
	Residential mortgage-backed securities	126,574			(1,558		)	272,328			(9,641		)	398,902		(11,199		)
	Trust preferred securities	9,800			(200		)	56,009			(12,559		)	65,809		(12,759		)
	Corporate and other debt securities	248			(2		)	—			—			248		(2		)
	Total	$	149,262		$	(1,781	)	$	429,936		$	(24,685	)	$	579,198	$	(26,466	)
	31-Dec-13
	U.S. Treasury securities	$	64,537		$	(515	)	$	—		$	—		$	64,537	$	(515	)
	U.S. government agency securities	4,365			(62		)	—			—			4,365		(62		)
	Obligations of states and political subdivisions:
	Obligations of states and state agencies	80,612			(5,473		)	—			—			80,612		(5,473		)
	Municipal bonds	85,988			(5,154		)	1,326			(105		)	87,314		(5,259		)
	Total obligations of states and political subdivisions	166,600			(10,627		)	1,326			(105		)	167,926		(10,732		)
	Residential mortgage-backed securities	465,400			(27,631		)	—			—			465,400		(27,631		)
	Trust preferred securities	9,750			(250		)	56,480			(12,082		)	66,230		(12,332		)
	Total	$	710,652		$	(39,085	)	$	57,806		$	(12,187	)	$	768,458	$	(51,272	)
Contractual Maturities of Debt Securities Held to Maturity	'
	The contractual maturities of investments in debt securities held to maturity at June 30, 2014 are set forth in the table below. Maturities may differ from contractual maturities in residential mortgage-backed securities because the mortgages underlying the securities may be prepaid without any penalties. Therefore, residential mortgage-backed securities are not included in the maturity categories in the following summary.
		30-Jun-14
		Amortized			Fair
		Cost			Value
		(in thousands)
	Due in one year	$	80,902		$	80,962
	Due after one year through five years	37,304			42,340
	Due after five years through ten years	329,793			346,954
	Due after ten years	359,058			355,745
	Residential mortgage-backed securities	1,019,086			1,028,120
	Total investment securities held to maturity	$	1,826,143		$	1,854,121
	Actual maturities of debt securities may differ from those presented above since certain obligations provide the issuer the right to call or prepay the obligation prior to scheduled maturity without penalty.
Amortized Cost, Gross Unrealized Gains and Losses and Fair Value of Securities Available for Sale	'
	The amortized cost, gross unrealized gains and losses and fair value of securities available for sale at June 30, 2014 and December 31, 2013 were as follows:
		Amortized			Gross			Gross			Fair Value
		Cost			Unrealized			Unrealized
					Gains			Losses
		(in thousands)
	30-Jun-14
	U.S. Treasury securities	$	99,831		$	—		$	(7,944	)	$	91,887
	U.S. government agency securities	45,557			796			(312		)	46,041
	Obligations of states and political subdivisions:
	Obligations of states and state agencies	11,278			—			(322		)	10,956
	Municipal bonds	27,656			95			(692		)	27,059
	Total obligations of states and political subdivisions	38,934			95			(1,014		)	38,015
	Residential mortgage-backed securities	481,781			4,239			(7,888		)	478,132
	Trust preferred securities*	23,263			323			(2,936		)	20,650
	Corporate and other debt securities	83,108			2,029			(601		)	84,536
	Equity securities	23,071			1,457			(584		)	23,944
	Total investment securities available for sale	$	795,545		$	8,939		$	(21,279	)	$	783,205
	31-Dec-13
	U.S. Treasury securities	$	99,835		$	—		$	(15,170	)	$	84,665
	U.S. government agency securities	48,407			923			(703		)	48,627
	Obligations of states and political subdivisions:
	Obligations of states and state agencies	11,441			—			(798		)	10,643
	Municipal bonds	27,671			751			(1,365		)	27,057
	Total obligations of states and political subdivisions	39,112			751			(2,163		)	37,700
	Residential mortgage-backed securities	524,781			3,967			(20,719		)	508,029
	Trust preferred securities*	23,333			113			(4,231		)	19,215
	Corporate and other debt securities	83,819			1,682			(2,103		)	83,398
	Equity securities	47,617			1,614			(1,173		)	48,058
	Total investment securities available for sale	$	866,904		$	9,050		$	(46,262	)	$	829,692
	*	Includes three pooled trust preferred securities, principally collateralized by securities issued by banks and insurance companies.
Age of Unrealized Losses and Fair Value of Related Securities	'
	The age of unrealized losses and fair value of related securities available for sale at June 30, 2014 and December 31, 2013 were as follows:
		Less than						More than						Total
		Twelve Months						Twelve Months
		Fair			Unrealized			Fair			Unrealized			Fair		Unrealized
		Value			Losses			Value			Losses			Value		Losses
		(in thousands)
	30-Jun-14
	U.S. Treasury securities	$	—		$	—		$	91,887		$	(7,944	)	$	91,887	$	(7,944	)
	U.S. government agency securities	—			—			20,892			(312		)	20,892		(312		)
	Obligations of states and political subdivisions:
	Obligations of states and state agencies	—			—			10,956			(322		)	10,956		(322		)
	Municipal bonds	10,781			(473		)	14,575			(219		)	25,356		(692		)
	Total obligations of states and political subdivisions	10,781			(473		)	25,531			(541		)	36,312		(1,014		)
	Residential mortgage-backed securities	27,250			(658		)	300,710			(7,230		)	327,960		(7,888		)
	Trust preferred securities	850			(1		)	15,351			(2,935		)	16,201		(2,936		)
	Corporate and other debt securities	10,512			(23		)	28,943			(578		)	39,455		(601		)
	Equity securities	46			(2		)	15,063			(582		)	15,109		(584		)
	Total	$	49,439		$	(1,157	)	$	498,377		$	(20,122	)	$	547,816	$	(21,279	)
	31-Dec-13
	U.S. Treasury securities	$	84,665		$	(15,170	)	$	—		$	—		$	84,665	$	(15,170	)
	U.S. government agency securities	26,402			(703		)	—			—			26,402		(703		)
	Obligations of states and political subdivisions:
	Obligations of states and state agencies	10,598			(798		)	—			—			10,598		(798		)
	Municipal bonds	13,461			(1,365		)	—			—			13,461		(1,365		)
	Total obligations of states and political subdivisions	24,059			(2,163		)	—			—			24,059		(2,163		)
	Residential mortgage-backed securities	368,306			(18,434		)	24,734			(2,285		)	393,040		(20,719		)
	Trust preferred securities	2,024			(25		)	15,022			(4,206		)	17,046		(4,231		)
	Corporate and other debt securities	53,654			(2,073		)	2,471			(30		)	56,125		(2,103		)
	Equity securities	223			(6		)	14,248			(1,167		)	14,471		(1,173		)
	Total	$	559,333		$	(38,574	)	$	56,475		$	(7,688	)	$	615,808	$	(46,262	)
Contractual Maturities of Investment Securities Available for Sale	'
	The contractual maturities of investment securities available for sale at June 30, 2014 are set forth in the following table. Maturities may differ from contractual maturities in residential mortgage-backed securities because the mortgages underlying the securities may be prepaid without any penalties. Therefore, residential mortgage-backed securities are not included in the maturity categories in the following summary.
		30-Jun-14
		Amortized			Fair
		Cost			Value
		(in thousands)
	Due in one year	$	115		$	115
	Due after one year through five years	74,141			75,773
	Due after five years through ten years	85,769			82,334
	Due after ten years	130,668			122,907
	Residential mortgage-backed securities	481,781			478,132
	Equity securities	23,071			23,944
	Total investment securities available for sale	$	795,545		$	783,205
	Actual maturities of debt securities may differ from those presented above since certain obligations provide the issuer the right to call or prepay the obligation prior to scheduled maturity without penalty.
Realized Gains and Losses on Sales of Investment Securities	'
	Gross gains (losses) realized on sales, maturities and other securities transactions related to investment securities included in earnings for the three and six months ended June 30, 2014 and 2013 were as follows:
		Three Months Ended						Six Months Ended
		June 30,						June 30,
		2014			2013			2014			2013
		(in thousands)
	Sales transactions:
	Gross gains	$	—		$	1		$	—		$	3,381
	Maturities and other securities transactions:
	Gross gains	$	7		$	41		$	8		$	649
	Gross losses	—			(1		)	(9		)	(31		)
		$	7		$	40		$	(1	)	$	618
	Total gains (losses) on securities transactions, net	$	7		$	41		$	(1	)	$	3,999
Changes in Credit Loss Component of Cumulative Other-than-Temporary Impairment Losses on Debt Securities	'
	The following table presents the changes in the credit loss component of cumulative other-than-temporary impairment losses on debt securities classified as either held to maturity or available for sale that Valley has recognized in earnings, for which a portion of the impairment loss (non-credit factors) was recognized in other comprehensive income for the three and six months ended June 30, 2014 and 2013:
		Three Months Ended						Six Months Ended
		June 30,						June 30,
		2014			2013			2014			2013
		(in thousands)
	Balance, beginning of period	$	9,792		$	33,177		$	9,990		$	33,290
	Accretion of credit loss impairment due to an increase in expected cash flows	(110		)	(75		)	(308		)	(188		)
	Balance, end of period	$	9,682		$	33,102		$	9,682		$	33,102

Loans_Tables

Loans (Tables)	6 Months Ended
	Jun. 30, 2014
Receivables [Abstract]	'
Schedule of Loan Portfolio Non-Covered and Covered PCI Loans and Non-PCI Loans	'
	The detail of the loan portfolio as of June 30, 2014 and December 31, 2013 was as follows:
		June 30, 2014												December 31, 2013
		Non-PCI				PCI Loans				Total				Non-PCI				PCI Loans				Total
		Loans												Loans
		(in thousands)
	Non-covered loans:
	Commercial and industrial	$	1,910,990			$	153,761			$	2,064,751			$	1,820,136			$	174,948			$	1,995,084
	Commercial real estate:
	Commercial real estate	4,707,209				393,233				5,100,442				4,521,920				459,755				4,981,675
	Construction	396,962				16,300				413,262				406,877				22,354				429,231
	Total commercial real estate loans	5,104,171				409,533				5,513,704				4,928,797				482,109				5,410,906
	Residential mortgage	2,447,974				13,542				2,461,516				2,485,239				14,726				2,499,965
	Consumer:
	Home equity	400,303				36,057				436,360				410,875				38,134				449,009
	Automobile	1,021,782				—				1,021,782				901,399				—				901,399
	Other consumer	252,603				159				252,762				214,898				186				215,084
	Total consumer loans	1,674,688				36,216				1,710,904				1,527,172				38,320				1,565,492
	Total non-covered loans	11,137,823				613,052				11,750,875				10,761,344				710,103				11,471,447
	Covered loans:
	Commercial and industrial	—				15,861				15,861				—				26,249				26,249
	Commercial real estate	—				38,738				38,738				—				61,494				61,494
	Residential mortgage	—				7,448				7,448				—				7,623				7,623
	Consumer	—				506				506				—				799				799
	Total covered loans	—				62,553				62,553				—				96,165				96,165
	Total loans	$	11,137,823			$	675,605			$	11,813,428			$	10,761,344			$	806,268			$	11,567,612
Changes in Accretable Yield for Covered Loans	'
	The following table presents changes in the accretable yield for PCI loans during the three and six months ended June 30, 2014 and 2013:
		Three Months Ended								Six Months Ended
		June 30,								June 30,
		2014				2013				2014				2013
		(in thousands)
	Balance, beginning of period	$	209,865			$	153,138			$	223,799			$	169,309
	Accretion	(17,509		)		(17,639		)		(31,443		)		(33,874		)
	Net (decrease) increase in expected cash flows	(70,014		)		120,884				(70,014		)		120,948
	Balance, end of period	$	122,342			$	256,383			$	122,342			$	256,383
Changes in FDIC Loss-Share Receivable	'
	Changes in the FDIC loss-share receivable for the three and six months ended June 30, 2014 and 2013 were as follows:
		Three Months Ended								Six Months Ended
		June 30,								June 30,
		2014				2013				2014				2013
		(in thousands)
	Balance, beginning of the period	$	31,257			$	43,413			$	32,757			$	44,996
	Discount accretion of the present value at the acquisition dates	12				32				23				65
	Effect of additional cash flows on covered loans (prospective recognition)	(2,104		)		(3,467		)		(3,960		)		(4,949		)
	Decrease in the provision for losses on covered loans	(4,417		)		(105		)		(4,417		)		(2,783		)
	Other reimbursable expenses	990				1,540				1,503				2,492
	(Reimbursements from) payments to the FDIC	(2,859		)		(727		)		(4,283		)		865
	Other	(2,192		)		—				(936		)		—
	Balance, end of the period	$	20,687			$	40,686			$	20,687			$	40,686
Past Due, Non-Accrual and Current Non-Covered Loans by Loan Portfolio Class	'
	The following table presents past due, non-accrual and current loans (excluding PCI loans, which are accounted for on a pool basis, and non-performing loans held for sale) by loan portfolio class at June 30, 2014 and December 31, 2013:
		Past Due and Non-Accrual Loans
		30-59				60-89				Accruing Loans				Non-Accrual				Total				Current		Total
		Days				Days				90 Days or More				Loans				Past Due				Non-PCI		Non-PCI
		Past Due				Past Due				Past Due								Loans				Loans		Loans
		Loans				Loans
		(in thousands)
	30-Jun-14
	Commercial and industrial	$	4,918			$	783			$	450			$	8,096			$	14,247			$	1,896,743	$	1,910,990
	Commercial real estate:
	Commercial real estate	3,493				57				2,212				32,507				38,269				4,668,940		4,707,209
	Construction	3,988				5,332				—				6,534				15,854				381,108		396,962
	Total commercial real estate loans	7,481				5,389				2,212				39,041				54,123				5,050,048		5,104,171
	Residential mortgage	7,865				1,989				546				19,190				29,590				2,418,384		2,447,974
	Consumer loans:
	Home equity	727				327				—				1,985				3,039				397,264		400,303
	Automobile	2,190				320				144				121				2,775				1,019,007		1,021,782
	Other consumer	433				141				17				—				591				252,012		252,603
	Total consumer loans	3,350				788				161				2,106				6,405				1,668,283		1,674,688
	Total	$	23,614			$	8,949			$	3,369			$	68,433			$	104,365			$	11,033,458	$	11,137,823
	31-Dec-13
	Commercial and industrial	$	6,398			$	571			$	233			$	21,029			$	28,231			$	1,791,905	$	1,820,136
	Commercial real estate:
	Commercial real estate	9,142				2,442				7,591				43,934				63,109				4,458,811		4,521,920
	Construction	1,186				4,577				—				8,116				13,879				392,998		406,877
	Total commercial real estate loans	10,328				7,019				7,591				52,050				76,988				4,851,809		4,928,797
	Residential mortgage	6,595				1,939				1,549				19,949				30,032				2,455,207		2,485,239
	Consumer loans:
	Home equity	495				241				—				1,866				2,602				408,273		410,875
	Automobile	2,957				489				85				169				3,700				897,699		901,399
	Other consumer	340				54				33				—				427				214,471		214,898
	Total consumer loans	3,792				784				118				2,035				6,729				1,520,443		1,527,172
	Total	$	27,113			$	10,313			$	9,491			$	95,063			$	141,980			$	10,619,364	$	10,761,344
Impaired Loans	'
	The following table presents the information about impaired loans by loan portfolio class at June 30, 2014 and December 31, 2013:
		Recorded				Recorded				Total				Unpaid				Related
		Investment				Investment				Recorded				Contractual				Allowance
		With No Related				With Related				Investment				Principal
		Allowance				Allowance								Balance
		(in thousands)
	30-Jun-14
	Commercial and industrial	$	4,215			$	27,699			$	31,914			$	38,362			$	5,586
	Commercial real estate:
	Commercial real estate	43,114				46,823				89,937				92,520				5,891
	Construction	11,374				5,882				17,256				18,426				731
	Total commercial real estate loans	54,488				52,705				107,193				110,946				6,622
	Residential mortgage	5,573				20,753				26,326				29,275				3,539
	Consumer loans:
	Home equity	420				977				1,397				1,507				63
	Total consumer loans	420				977				1,397				1,507				63
	Total	$	64,696			$	102,134			$	166,830			$	180,090			$	15,810
	31-Dec-13
	Commercial and industrial	$	3,806			$	43,497			$	47,303			$	59,891			$	11,032
	Commercial real estate:
	Commercial real estate	46,872				47,973				94,845				110,227				7,874
	Construction	11,771				8,022				19,793				21,478				802
	Total commercial real estate loans	58,643				55,995				114,638				131,705				8,676
	Residential mortgage	10,082				18,231				28,313				32,664				3,735
	Consumer loans:
	Home equity	1,010				84				1,094				1,211				82
	Total consumer loans	1,010				84				1,094				1,211				82
	Total	$	73,541			$	117,807			$	191,348			$	225,471			$	23,525
Average Recorded Investment and Interest Income Recognized on Impaired Loans	'
	The following tables present by loan portfolio class, the average recorded investment and interest income recognized on impaired loans for the three and six months ended June 30, 2014 and 2013:
		Three Months Ended June 30,
		2014								2013
		Average				Interest				Average				Interest
		Recorded				Income				Recorded				Income
		Investment				Recognized				Investment				Recognized
		(in thousands)
	Commercial and industrial	$	34,698			$	290			$	56,017			$	412
	Commercial real estate:
	Commercial real estate	93,123				924				114,066				866
	Construction	19,061				154				19,932				70
	Total commercial real estate loans	112,184				1,078				133,998				936
	Residential mortgage	26,473				402				29,099				349
	Consumer loans:
	Home equity	1,427				29				1,174				14
	Total consumer loans	1,427				29				1,174				14
	Total	$	174,782			$	1,799			$	220,288			$	1,711
Pre-Modification and Post-Modification Outstanding Recorded Investments	'
	The following table presents loans by loan portfolio class modified as TDRs during the three and six months ended June 30, 2014 and 2013. The pre-modification and post-modification outstanding recorded investments disclosed in the table below represent the loan carrying amounts immediately prior to the modification and the carrying amounts at June 30, 2014 and 2013, respectively.
		Three Months Ended June 30, 2014											Three Months Ended June 30, 2013
	Troubled Debt Restructurings	Number			Pre-Modification				Post-Modification				Number			Pre-Modification				Post-Modification
		of			Outstanding				Outstanding				of			Outstanding				Outstanding
		Contracts			Recorded				Recorded				Contracts			Recorded				Recorded
					Investment				Investment							Investment				Investment
		($ in thousands)
	Commercial and industrial	3			$	1,469			$	1,469			6			$	13,912			$	13,881
	Commercial real estate:
	Commercial real estate	3			689				710				4			7,275				7,266
	Construction	1			457				457				4			4,936				4,979
	Total commercial real estate	4			1,146				1,167				8			12,211				12,245
	Residential mortgage	4			2,325				2,273				5			1,414				1,259
	Consumer	1			132				132				1			74				74
	Total	12			$	5,072			$	5,041			20			$	27,611			$	27,459
Non-Covered Loans Modified as TDR	'
	The following table presents non-PCI loans modified as TDRs within the previous 12 months for which there was a payment default (90 days or more past due) during the three and six months ended June 30, 2014:
		Three Months Ended							Six Months Ended
		30-Jun-14							30-Jun-14
	Troubled Debt Restructurings Subsequently Defaulted	Number of			Recorded				Number of			Recorded
		Contracts			Investment				Contracts			Investment
		($ in thousands)
	Commercial and industrial	1			$	1,943			1			$	1,943
	Commercial real estate	—			$	—			3			5,866
	Consumer	—			—				1			74
	Total	1			$	1,943			5			$	7,883
Risk Category of Loans	'
	The following table presents the risk category of loans (excluding PCI loans) by class of loans based on the most recent analysis performed at June 30, 2014 and December 31, 2013.
	Credit exposure - by internally assigned risk rating	Pass				Special				Substandard				Doubtful				Total
						Mention
		(in thousands)
	30-Jun-14
	Commercial and industrial	$	1,804,464			$	51,218			$	55,308			$	—			$	1,910,990
	Commercial real estate	4,548,965				51,651				106,593				—				4,707,209
	Construction	371,971				3,163				16,725				5,103				396,962
	Total	$	6,725,400			$	106,032			$	178,626			$	5,103			$	7,015,161
	31-Dec-13
	Commercial and industrial	$	1,689,613			$	56,007			$	74,501			$	15			$	1,820,136
	Commercial real estate	4,348,642				48,159				125,119				—				4,521,920
	Construction	373,480				11,697				15,720				5,980				406,877
	Total	$	6,411,735			$	115,863			$	215,340			$	5,995			$	6,748,933
Recorded Investment in Loan Classes Based on Payment Activity	'
	The following table presents the recorded investment in those loan classes based on payment activity as of June 30, 2014 and December 31, 2013:
	Credit exposure - by payment activity	Performing				Non-Performing				Total Non-PCI
		Loans				Loans				Loans
		(in thousands)
	30-Jun-14
	Residential mortgage	$	2,428,784			$	19,190			$	2,447,974
	Home equity	398,318				1,985				400,303
	Automobile	1,021,661				121				1,021,782
	Other consumer	252,603				—				252,603
	Total	$	4,101,366			$	21,296			$	4,122,662
	31-Dec-13
	Residential mortgage	$	2,465,290			$	19,949			$	2,485,239
	Home equity	409,009				1,866				410,875
	Automobile	901,230				169				901,399
	Other consumer	214,898				—				214,898
	Total	$	3,990,427			$	21,984			$	4,012,411
	The following table presents the recorded investment in PCI loans by class based on individual loan payment activity as of June 30, 2014 and December 31, 2013.
	Credit exposure - by payment activity	Performing				Non-Performing				Total
		Loans				Loans				PCI Loans
		(in thousands)
	30-Jun-14
	Commercial and industrial	$	156,369			$	13,253			$	169,622
	Commercial real estate	418,655				13,316				431,971
	Construction	16,300				—				16,300
	Residential mortgage	20,467				523				20,990
	Consumer	36,352				370				36,722
	Total	$	648,143			$	27,462			$	675,605
	31-Dec-13
	Commercial and industrial	$	185,185			$	16,012			$	201,197
	Commercial real estate	498,184				23,065				521,249
	Construction	16,791				5,563				22,354
	Residential mortgage	21,381				968				22,349
	Consumer	37,980				1,139				39,119
	Total	$	759,521			$	46,747			$	806,268

Allowance_for_Credit_Losses_Ta

Allowance for Credit Losses (Tables)	6 Months Ended
	Jun. 30, 2014
Receivables [Abstract]	'
Summary of Allowance for Credit Losses	'
	The following table summarizes the allowance for credit losses at June 30, 2014 and December 31, 2013:
		June 30,			December 31,
		2014			2013
		(in thousands)
	Components of allowance for credit losses:
	Allowance for non-covered loans	$	101,942		$	106,547
	Allowance for covered loans	1,111			7,070
	Total allowance for loan losses	103,053			113,617
	Allowance for unfunded letters of credit	2,544			3,495
	Total allowance for credit losses	$	105,597		$	117,112
Summary of Provision for Credit Losses	'
	The following table summarizes the provision for credit losses for the periods indicated:
		Three Months Ended						Six Months Ended
		June 30,						June 30,
		2014			2013			2014			2013
		(in thousands)
	Components of provision for credit losses:
	Provision for non-covered loans	$	—		$	2,746		$	4,949		$	6,456
	Provision for covered loans	(5,671		)	(110		)	(5,671		)	(2,276		)
	Total provision for loan losses	(5,671		)	2,636			(722		)	4,180
	Provision for unfunded letters of credit	—			(84		)	(951		)	141
	Total provision for credit losses	$	(5,671	)	$	2,552		$	(1,673	)	$	4,321
Summary of Activity in Allowance for Loan Losses	'
	The following table details activity in the allowance for loan losses by portfolio segment for the three and six months ended June 30, 2014 and 2013:
		Commercial			Commercial			Residential			Consumer			Unallocated			Total
		and Industrial			Real Estate			Mortgage
		(in thousands)
	Three Months Ended
	June 30, 2014:
	Allowance for loan losses:
	Beginning balance	$	49,932		$	38,382		$	6,979		$	4,107		$	7,309		$	106,709
	Loans charged-off (1)	(1,340		)	(2,032		)	(212		)	(1,167		)	—			(4,751		)
	Charged-off loans recovered (2)	4,420			1,468			157			721			—			6,766
	Net recoveries (charge-offs)	3,080			(564		)	(55		)	(446		)	—			2,015
	Provision for loan losses	(4,591		)	(2,551		)	94			1,707			(330		)	(5,671		)
	Ending balance	$	48,421		$	35,267		$	7,018		$	5,368		$	6,979		$	103,053
	Three Months Ended
	June 30, 2013:
	Allowance for loan losses:
	Beginning balance	$	55,732		$	44,195		$	9,331		$	5,460		$	7,126		$	121,844
	Loans charged-off (1)	(1,441		)	(4,389		)	(1,666		)	(860		)	—			(8,356		)
	Charged-off loans recovered	602			50			68			600			—			1,320
	Net charge-offs	(839		)	(4,339		)	(1,598		)	(260		)	—			(7,036		)
	Provision for loan losses	(1,161		)	3,323			788			(116		)	(198		)	2,636
	Ending balance	$	53,732		$	43,179		$	8,521		$	5,084		$	6,928		$	117,444
		Commercial			Commercial			Residential			Consumer			Unallocated			Total
		and Industrial			Real Estate			Mortgage
		(in thousands)
	Six Months Ended
	June 30, 2014:
	Allowance for loan losses:
	Beginning balance	$	51,551		$	42,343		$	7,786		$	4,359		$	7,578		$	113,617
	Loans charged-off (1) (3)	(9,954		)	(6,522		)	(275		)	(2,239		)	—			(18,990		)
	Charged-off loans recovered (2)	4,964			2,805			236			1,143			—			9,148
	Net charge-offs	(4,990		)	(3,717		)	(39		)	(1,096		)	—			(9,842		)
	Provision for loan losses	1,860			(3,359		)	(729		)	2,105			(599		)	(722		)
	Ending balance	$	48,421		$	35,267		$	7,018		$	5,368		$	6,979		$	103,053
	Six Months Ended
	June 30, 2013:
	Allowance for loan losses:
	Beginning balance	$	64,370		$	44,069		$	9,423		$	5,542		$	6,796		$	130,200
	Loans charged-off (1)	(8,766		)	(6,382		)	(2,558		)	(2,369		)	—			(20,075		)
	Charged-off loans recovered	1,940			65			138			996			—			3,139
	Net charge-offs	(6,826		)	(6,317		)	(2,420		)	(1,373		)	—			(16,936		)
	Provision for loan losses	(3,812		)	5,427			1,518			915			132			4,180
	Ending balance	$	53,732		$	43,179		$	8,521		$	5,084		$	6,928		$	117,444
	-1	Includes covered loans charge-offs totaling $749 thousand for both the three and six months ended June 30, 2014, and $146 thousand for the six months ended June 30, 2013. There were no covered loan charge-offs during the second quarter of 2013.
	-2	Included covered loans recoveries totaling $462 thousand for both the three and six months ended June 30, 2014.
	-3	The commercial and industrial loan and commercial real estate loan categories included $4.8 million and $3.5 million of charge-offs, respectively, related to the valuation of non-performing loans transferred to loans held for sale at March 31, 2014.
Summary of Allocation of Allowance for Loan Losses and Related Loans by Loan Portfolio Segment Disaggregated Based on Impairment Methodology	'
	The following table represents the allocation of the allowance for loan losses and the related loans by loan portfolio segment disaggregated based on the impairment methodology at June 30, 2014 and December 31, 2013.
		Commercial			Commercial			Residential			Consumer			Unallocated			Total
		and Industrial			Real Estate			Mortgage
		(in thousands)
	30-Jun-14
	Allowance for loan losses:
	Individually evaluated for impairment	$	5,586		$	6,622		$	3,539		$	63		$	—		$	15,810
	Collectively evaluated for impairment	41,753			28,645			3,450			5,305			6,979			86,132
	Loans acquired with discounts related to credit quality	1,082			—			29			—			—			1,111
	Total	$	48,421		$	35,267		$	7,018		$	5,368		$	6,979		$	103,053
	Loans:
	Individually evaluated for impairment	$	31,914		$	107,193		$	26,326		$	1,397		$	—		$	166,830
	Collectively evaluated for impairment	1,879,076			4,996,978			2,421,648			1,673,291			—			10,970,993
	Loans acquired with discounts related to credit quality	169,622			448,271			20,990			36,722			—			675,605
	Total	$	2,080,612		$	5,552,442		$	2,468,964		$	1,711,410		$	—		$	11,813,428
	31-Dec-13
	Allowance for loan losses:
	Individually evaluated for impairment	$	11,032		$	8,676		$	3,735		$	82		$	—		$	23,525
	Collectively evaluated for impairment	40,007			27,235			3,928			4,274			7,578			83,022
	Loans acquired with discounts related to credit quality	512			6,432			123			3			—			7,070
	Total	$	51,551		$	42,343		$	7,786		$	4,359		$	7,578		$	113,617
	Loans:
	Individually evaluated for impairment	$	47,303		$	114,638		$	28,313		$	1,094		$	—		$	191,348
	Collectively evaluated for impairment	1,772,833			4,814,159			2,456,926			1,526,078			—			10,569,996
	Loans acquired with discounts related to credit quality	201,197			543,603			22,349			39,119			—			806,268
	Total	$	2,021,333		$	5,472,400		$	2,507,588		$	1,566,291		$	—		$	11,567,612

Goodwill_and_Other_Intangible_1

Goodwill and Other Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract]	'
Other Intangible Assets	'
	The following table summarizes other intangible assets as of June 30, 2014 and December 31, 2013:
		Gross		Accumulated			Valuation			Net
		Intangible		Amortization			Allowance			Intangible
		Assets								Assets
		(in thousands)
	30-Jun-14
	Loan servicing rights	$	71,791	$	(48,337	)	$	(362	)	$	23,092
	Core deposits	35,194		(28,524		)	—			6,670
	Other	4,592		(2,219		)	—			2,373
	Total other intangible assets	$	111,577	$	(79,080	)	$	(362	)	$	32,135
	31-Dec-13
	Loan servicing rights	$	71,100	$	(45,032	)	$	(504	)	$	25,564
	Core deposits	35,194		(27,238		)	—			7,956
	Other	5,878		(3,268		)	—			2,610
	Total other intangible assets	$	112,172	$	(75,538	)	$	(504	)	$	36,130
Estimated Future Amortization Expense	'
	The following presents the estimated future amortization expense of other intangible assets for the remainder of 2014 through 2018:
		Loan		Core			Other
		Servicing		Deposits
		Rights
		(in thousands)
	2014	$	3,330	$	1,072		$	229
	2015	5,281		1,758			434
	2016	4,089		1,195			233
	2017	3,184		815			220
	2018	2,416		610			193

Benefit_Plans_Tables

Benefit Plans (Tables)	6 Months Ended
	Jun. 30, 2014
Compensation and Retirement Disclosure [Abstract]	'
Components of Net Periodic Pension Expense Related to Qualified and Non-Qualified Plans	'
	The following table sets forth the components of net periodic pension expense related to the qualified and non-qualified plans for the three and six months ended June 30, 2014 and 2013:
		Three Months Ended						Six Months Ended
		June 30,						June 30,
		2014			2013			2014			2013
		(in thousands)
	Service cost	$	—		$	2,056		$	—		$	4,043
	Interest cost	1,732			1,708			3,463			3,365
	Expected return on plan assets	(3,243		)	(3,183		)	(6,485		)	(5,742		)
	Amortization of prior service cost	—			241			—			443
	Amortization of actuarial loss	62			811			124			1,605
	Curtailment loss	—			750			—			750
	Total net periodic pension (income) expense	$	(1,449	)	$	2,383		$	(2,898	)	$	4,464

Derivative_Instruments_and_Hed1

Derivative Instruments and Hedging Activities (Tables)	6 Months Ended
	Jun. 30, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]	'
Consolidated Statements of Financial Condition Related to Fair Value of Derivative Financial Instruments	'
	Amounts included in the consolidated statements of financial condition related to the fair value of Valley’s derivative financial instruments were as follows:
		30-Jun-14									31-Dec-13
		Fair Value									Fair Value
		Other Assets			Other Liabilities			Notional Amount			Other Assets			Other Liabilities		Notional Amount
		(in thousands)
	Derivatives designated as hedging instruments:
	Cash flow hedge interest rate caps and swaps	$	3,647		$	16,935		$	1,007,000		$	9,883		$	10,925	$	1,007,000
	Fair value hedge interest rate swaps	2,710			1,542			133,500			99			4,691		184,591
	Total derivatives designated as hedging instruments	$	6,357		$	18,477		$	1,140,500		$	9,982		$	15,616	$	1,191,591
	Derivatives not designated as hedging instruments:
	Interest rate swaps and embedded derivatives	$	8,114		$	8,105		$	373,745		$	4,823		$	4,823	$	259,832
	Mortgage banking derivatives	28			84			15,452			317			147		46,784
	Total derivatives not designated as hedging instruments	$	8,142		$	8,189		$	389,197		$	5,140		$	4,970	$	306,616
Losses Related to Interest Rate Derivatives Designated as Hedges of Cash Flows	'
	gains (losses) included in the consolidated statements of income and in other comprehensive income, on a pre-tax basis, related to interest rate derivatives designated as hedges of cash flows were as follows:
		Three Months Ended						Six Months Ended
		June 30,						June 30,
		2014			2013			2014			2013
		(in thousands)
	Amount of loss reclassified from accumulated other comprehensive loss to interest expense	$	(1,664	)	$	(1,714	)	$	(3,312	)	$	(3,594	)
	Amount of (loss) gain recognized in other comprehensive income	(8,368		)	3,508			(14,666		)	3,375
Gains (Losses) Related to Interest Rate Derivatives Designated as Hedges of Fair Value	'
	ains (losses) included in the consolidated statements of income related to interest rate derivatives designated as hedges of fair value were as follows:
		Three Months Ended						Six Months Ended
		June 30,						June 30,
		2014			2013			2014			2013
		(in thousands)
	Derivative - interest rate swaps:
	Interest income	$	(49	)	$	425		$	(73	)	$	522
	Interest expense	2,856			(134		)	5,832			(274		)
	Hedged item - loans, deposits and long-term borrowings:
	Interest income	$	49		$	(425	)	$	73		$	(522	)
	Interest expense	(2,859		)	136			(5,800		)	279
(Losses) Gains Related to Derivative Instruments Not Designated as Hedging Instruments	'
	The net gains (losses) included in the consolidated statements of income related to derivative instruments not designated as hedging instruments were as follows:
		Three Months Ended						Six Months Ended
		June 30,						June 30,
		2014			2013			2014			2013
		(in thousands)
	Non-designated hedge interest rate derivatives
	Other non-interest expense	$	(43	)	$	1,461		$	(216	)	$	1,090

Balance_Sheet_Offsetting_Table

Balance Sheet Offsetting (Tables)	6 Months Ended
	Jun. 30, 2014
Offsetting [Abstract]	'
Gross Presentation Effects of Offsetting and Net Presentation of Valley's Financial Instruments	'
	The table below presents information about Valley’s financial instruments that are eligible for offset in the consolidated statements of financial condition as of June 30, 2014 and December 31, 2013.
								Gross Amounts Not Offset
		Gross Amounts		Gross Amounts		Net Amounts		Financial			Cash				Net
		Recognized		Offset		Presented		Instruments			Collateral				Amount
		(in thousands)
	30-Jun-14
	Assets:
	Interest rate caps and swaps	$	13,465	$	—	$	13,465	$	(6,597	)	$	—			$	6,868
	Liabilities:
	Interest rate caps and swaps	$	26,582	$	—	$	26,582	$	(6,597	)	$	(19,985	)		$	—
	Repurchase agreements	520,000		—		520,000		—			(520,000		)	*	—
	Total	$	546,582	$	—	$	546,582	$	(6,597	)	$	(539,985	)		$	—
	31-Dec-13
	Assets:
	Interest rate caps and swaps	$	14,805	$	—	$	14,805	$	(8,284	)	$	—			$	6,521
	Liabilities:
	Interest rate caps and swaps	$	20,439	$	—	$	20,439	$	(8,284	)	$	(12,155	)		$	—
	Repurchase agreements	520,000		—		520,000		—			(520,000		)	*	—
	Total	$	540,439	$	—	$	540,439	$	(8,284	)	$	(532,155	)		$	—
	*	Represents fair value of non-cash pledged investment securities.

Business_Combinations_Details

Business Combinations (Details) (First United Bancorp, Inc. [Member], USD $)	0 Months Ended
	8-May-14	8-May-14
	Branch
Business Acquisition [Line Items]	'	'
Assets acquired	'	$1,700,000,000
Loans acquired	'	1,100,000,000
Deposits acquired	'	1,400,000,000
Number of branches acquired (in branch)	21	'
Common stock issued per share held	'	0.89
Value of transaction based on closing stock price	'	$312,000,000
Range Of Acceptable Share Price Without Adjustment [Member] | Minimum [Member]	'	'
Business Acquisition [Line Items]	'	'
Share price	$8.09	$8.09
Range Of Acceptable Share Price Without Adjustment [Member] | Maximum [Member]	'	'
Business Acquisition [Line Items]	'	'
Share price	$12.13	$12.13

Earnings_Per_Common_Share_Calc

Earnings Per Common Share - Calculation of Both Basic and Diluted Earnings Per Common Share (Detail) (USD $)	3 Months Ended		6 Months Ended
In Thousands, except Share data, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Earnings Per Share [Abstract]	'	'	'	'
Net income	$29,520	$33,922	$63,355	$65,232
Basic weighted average number of common shares outstanding	200,472,592	199,244,243	200,301,438	199,085,501
Diluted weighted average number of common shares outstanding	200,472,592	199,244,243	200,301,438	199,085,501
Earnings per common share:	'	'	'	'
Basic	$0.15	$0.17	$0.32	$0.33
Diluted	$0.15	$0.17	$0.32	$0.33

Earnings_Per_Common_Share_Addi

Earnings Per Common Share - Additional Information (Detail)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Earnings Per Share [Abstract]	'	'	'	'
Anti-dilutive common stock options and warrants	6.6	7.2	6.6	7.2

Accumulated_Other_Comprehensiv2

Accumulated Other Comprehensive Loss - Schedule of Changes in Accumulated Other Comprehensive Loss After Tax (Detail) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Accumulated Other Comprehensive Income (Loss) [Line Items]	'	'	'	'
Total Accumulated Other Comprehensive Income (Loss), Beginning Balance	'	'	($38,252)	'
Total other comprehensive income	3,367	8,474	7,955	11,757
Total Accumulated Other Comprehensive Income (Loss), Ending Balance	-30,297	'	-30,297	'
Unrealized Gains and Losses on Available for Sale (AFS) Securities [Member]	'	'	'	'
Accumulated Other Comprehensive Income (Loss) [Line Items]	'	'	'	'
Total Accumulated Other Comprehensive Income (Loss), Beginning Balance	'	'	-20,855	'
Other comprehensive income before reclassifications	7,123	'	14,339	'
Amounts reclassified from other comprehensive income	-4	'	1	'
Total other comprehensive income	7,119	'	14,340	'
Total Accumulated Other Comprehensive Income (Loss), Ending Balance	-6,515	-13,634	-6,515	-13,634
Non-Credit Impairment Losses on AFS Securities [Member]	'	'	'	'
Accumulated Other Comprehensive Income (Loss) [Line Items]	'	'	'	'
Total Accumulated Other Comprehensive Income (Loss), Beginning Balance	'	'	-806	'
Other comprehensive income before reclassifications	164	'	306	'
Amounts reclassified from other comprehensive income	-64	'	-179	'
Total other comprehensive income	100	'	127	'
Total Accumulated Other Comprehensive Income (Loss), Ending Balance	-679	-779	-679	-779
Unrealized Gains and Losses on Derivatives [Member]	'	'	'	'
Accumulated Other Comprehensive Income (Loss) [Line Items]	'	'	'	'
Total Accumulated Other Comprehensive Income (Loss), Beginning Balance	'	'	-6,271	'
Other comprehensive income before reclassifications	-4,862	'	-8,524	'
Amounts reclassified from other comprehensive income	973	'	1,938	'
Total other comprehensive income	-3,889	'	-6,586	'
Total Accumulated Other Comprehensive Income (Loss), Ending Balance	-12,857	-8,968	-12,857	-8,968
Defined Benefit Pension Plan [Member]	'	'	'	'
Accumulated Other Comprehensive Income (Loss) [Line Items]	'	'	'	'
Total Accumulated Other Comprehensive Income (Loss), Beginning Balance	'	'	-10,320	'
Other comprehensive income before reclassifications	0	'	0	'
Amounts reclassified from other comprehensive income	37	'	74	'
Total other comprehensive income	37	'	74	'
Total Accumulated Other Comprehensive Income (Loss), Ending Balance	-10,246	-10,283	-10,246	-10,283
Total Accumulated Other Comprehensive Loss [Member]	'	'	'	'
Accumulated Other Comprehensive Income (Loss) [Line Items]	'	'	'	'
Total Accumulated Other Comprehensive Income (Loss), Beginning Balance	'	'	-38,252	'
Other comprehensive income before reclassifications	2,425	'	6,121	'
Amounts reclassified from other comprehensive income	942	'	1,834	'
Total other comprehensive income	3,367	'	7,955	'
Total Accumulated Other Comprehensive Income (Loss), Ending Balance	($30,297)	($33,664)	($30,297)	($33,664)

Accumulated_Other_Comprehensiv3

Accumulated Other Comprehensive Loss - Schedule of Accumulated Other Comprehensive Loss (Detail) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Reclassification Out Of Accumulated Other Comprehensive Loss [LineItems]	'	'	'	'
Interest and dividends on investment	$110	$75	$308	$188
Interest expense	-39,745	-42,483	-78,759	-85,480
Amortization of prior service cost	0	-2,056	0	-4,043
Amounts Reclassified from Accumulated Other Comprehensive Loss, tax effect	-11,751	-10,961	-12,581	-23,775
Reclassification Out of Accumulated Other Comprehensive Income (Loss) [Member]	'	'	'	'
Reclassification Out Of Accumulated Other Comprehensive Loss [LineItems]	'	'	'	'
Interest expense	-1,664	-1,714	-3,312	-3,594
Amounts Reclassified from Accumulated Other Comprehensive Loss, net of tax	-942	-1,999	-1,834	-1,318
Reclassification Out of Accumulated Other Comprehensive Income (Loss) [Member] | Unrealized Gains and Losses on Available for Sale (AFS) Securities [Member]	'	'	'	'
Reclassification Out Of Accumulated Other Comprehensive Loss [LineItems]	'	'	'	'
Gains on securities transactions, net	7	41	-1	3,999
Amounts Reclassified from Accumulated Other Comprehensive Loss, tax effect	-3	-16	0	-1,675
Amounts Reclassified from Accumulated Other Comprehensive Loss, net of tax	4	25	-1	2,324
Reclassification Out of Accumulated Other Comprehensive Income (Loss) [Member] | Non-Credit Impairment Losses on AFS Securities [Member]	'	'	'	'
Reclassification Out Of Accumulated Other Comprehensive Loss [LineItems]	'	'	'	'
Interest and dividends on investment	110	75	308	188
Amounts Reclassified from Accumulated Other Comprehensive Loss, tax effect	-46	-32	-129	-79
Amounts Reclassified from Accumulated Other Comprehensive Loss, net of tax	64	43	179	109
Reclassification Out of Accumulated Other Comprehensive Income (Loss) [Member] | Unrealized Losses on Derivatives (Cash Flow Hedges) Before Tax [Member]	'	'	'	'
Reclassification Out Of Accumulated Other Comprehensive Loss [LineItems]	'	'	'	'
Interest expense	-1,664	-1,714	-3,312	-3,594
Amounts Reclassified from Accumulated Other Comprehensive Loss, tax effect	691	719	1,374	1,508
Amounts Reclassified from Accumulated Other Comprehensive Loss, net of tax	-973	-995	-1,938	-2,086
Reclassification Out of Accumulated Other Comprehensive Income (Loss) [Member] | Defined Benefit Pension Plans [Member]	'	'	'	'
Reclassification Out Of Accumulated Other Comprehensive Loss [LineItems]	'	'	'	'
Amortization of prior service cost	0	-241	0	-443
Amortization of net actuarial loss	-62	-811	-124	-1,605
Defined Benefit Plan, Recognized Net Gain (Loss) Due to Settlements and Curtailments	0	-750	0	-750
Total before tax	-62	-1,802	-124	-2,798
Amounts Reclassified from Accumulated Other Comprehensive Loss, tax effect	25	730	50	1,133
Amounts Reclassified from Accumulated Other Comprehensive Loss, net of tax	($37)	($1,072)	($74)	($1,665)

Fair_Value_Measurement_of_Asse2

Fair Value Measurement of Assets and Liabilities - Assets and Liabilities Measured at Fair Value on Recurring and Non-Recurring Basis (Detail) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Available for sale	$783,205	$829,692
Trading securities	14,221	14,264
Loans held for sale	'	0
U.S. Treasury Securities [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Available for sale	91,887	84,665
U.S. Government Agency Securities [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Available for sale	46,041	48,627
Obligations of States and Political Subdivisions [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Available for sale	38,015	37,700
Residential Mortgage-Backed Securities [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Available for sale	478,132	508,029
Trust Preferred Securities [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Available for sale	20,650	19,215
Corporate and Other Debt Securities [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Available for sale	84,536	83,398
Equity Securities [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Available for sale	23,944	48,058
Fair Value [Member] | Recurring Fair Value Measurements [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Available for sale	783,205	829,692
Trading securities	14,221	14,264
Loans held for sale	8,218	10,488
Other assets	14,499	15,122
Total assets	820,143	'
Other liabilities	26,666	20,586
Total Liabilities Fair Value Disclosure	'	20,586
Total liabilities	26,666	'
Total Assets Fair Value Disclosure	'	869,566
Fair Value [Member] | Recurring Fair Value Measurements [Member] | U.S. Treasury Securities [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Available for sale	91,887	84,665
Fair Value [Member] | Recurring Fair Value Measurements [Member] | U.S. Government Agency Securities [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Available for sale	46,041	48,627
Fair Value [Member] | Recurring Fair Value Measurements [Member] | Obligations of States and Political Subdivisions [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Available for sale	38,015	37,700
Fair Value [Member] | Recurring Fair Value Measurements [Member] | Residential Mortgage-Backed Securities [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Available for sale	478,132	508,029
Fair Value [Member] | Recurring Fair Value Measurements [Member] | Trust Preferred Securities [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Available for sale	20,650	19,215
Fair Value [Member] | Recurring Fair Value Measurements [Member] | Corporate and Other Debt Securities [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Available for sale	84,536	83,398
Fair Value [Member] | Recurring Fair Value Measurements [Member] | Equity Securities [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Available for sale	23,944	48,058
Fair Value [Member] | Non-Recurring Fair Value Measurements [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Loans held for sale	7,850	'
Collateral dependent impaired loans	21,740	35,700
Loan servicing rights	2,314	3,677
Foreclosed assets	12,715	25,929
Total	44,619	'
Non Recurring Fair Value Measurements Asset Liability Total	'	65,306
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Recurring Fair Value Measurements [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Available for sale	121,530	138,843
Trading securities	0	0
Loans held for sale	0	0
Other assets	0	0
Total assets	121,530	'
Other liabilities	0	0
Total Liabilities Fair Value Disclosure	'	0
Total liabilities	0	'
Total Assets Fair Value Disclosure	'	138,843
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Recurring Fair Value Measurements [Member] | U.S. Treasury Securities [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Available for sale	91,887	84,665
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Recurring Fair Value Measurements [Member] | U.S. Government Agency Securities [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Available for sale	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Recurring Fair Value Measurements [Member] | Obligations of States and Political Subdivisions [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Available for sale	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Recurring Fair Value Measurements [Member] | Residential Mortgage-Backed Securities [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Available for sale	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Recurring Fair Value Measurements [Member] | Trust Preferred Securities [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Available for sale	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Recurring Fair Value Measurements [Member] | Corporate and Other Debt Securities [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Available for sale	27,473	27,273
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Recurring Fair Value Measurements [Member] | Equity Securities [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Available for sale	2,170	26,905
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Non-Recurring Fair Value Measurements [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Loans held for sale	0	'
Collateral dependent impaired loans	0	0
Loan servicing rights	0	0
Foreclosed assets	0	0
Total	0	'
Non Recurring Fair Value Measurements Asset Liability Total	'	0
Significant Other Observable Inputs (Level 2) [Member] | Recurring Fair Value Measurements [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Available for sale	635,646	662,326
Trading securities	14,221	14,264
Loans held for sale	8,218	10,488
Other assets	14,499	15,122
Total assets	672,584	'
Other liabilities	26,666	20,586
Total Liabilities Fair Value Disclosure	'	20,586
Total liabilities	26,666	'
Total Assets Fair Value Disclosure	'	702,200
Significant Other Observable Inputs (Level 2) [Member] | Recurring Fair Value Measurements [Member] | U.S. Treasury Securities [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Available for sale	0	0
Significant Other Observable Inputs (Level 2) [Member] | Recurring Fair Value Measurements [Member] | U.S. Government Agency Securities [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Available for sale	46,041	48,627
Significant Other Observable Inputs (Level 2) [Member] | Recurring Fair Value Measurements [Member] | Obligations of States and Political Subdivisions [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Available for sale	38,015	37,700
Significant Other Observable Inputs (Level 2) [Member] | Recurring Fair Value Measurements [Member] | Residential Mortgage-Backed Securities [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Available for sale	456,630	483,277
Significant Other Observable Inputs (Level 2) [Member] | Recurring Fair Value Measurements [Member] | Trust Preferred Securities [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Available for sale	16,123	15,444
Significant Other Observable Inputs (Level 2) [Member] | Recurring Fair Value Measurements [Member] | Corporate and Other Debt Securities [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Available for sale	57,063	56,125
Significant Other Observable Inputs (Level 2) [Member] | Recurring Fair Value Measurements [Member] | Equity Securities [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Available for sale	21,774	21,153
Significant Other Observable Inputs (Level 2) [Member] | Non-Recurring Fair Value Measurements [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Loans held for sale	7,850	'
Collateral dependent impaired loans	0	0
Loan servicing rights	0	0
Foreclosed assets	0	0
Total	7,850	'
Non Recurring Fair Value Measurements Asset Liability Total	'	0
Significant Unobservable Inputs (Level 3) [Member] | Recurring Fair Value Measurements [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Available for sale	26,029	28,523
Trading securities	'	0
Loans held for sale	0	0
Other assets	0	0
Total assets	26,029	'
Other liabilities	0	0
Total Liabilities Fair Value Disclosure	'	0
Total liabilities	0	'
Total Assets Fair Value Disclosure	'	28,523
Significant Unobservable Inputs (Level 3) [Member] | Recurring Fair Value Measurements [Member] | U.S. Treasury Securities [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Available for sale	0	0
Significant Unobservable Inputs (Level 3) [Member] | Recurring Fair Value Measurements [Member] | U.S. Government Agency Securities [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Available for sale	0	0
Significant Unobservable Inputs (Level 3) [Member] | Recurring Fair Value Measurements [Member] | Obligations of States and Political Subdivisions [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Available for sale	0	0
Significant Unobservable Inputs (Level 3) [Member] | Recurring Fair Value Measurements [Member] | Residential Mortgage-Backed Securities [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Available for sale	21,502	24,752
Significant Unobservable Inputs (Level 3) [Member] | Recurring Fair Value Measurements [Member] | Trust Preferred Securities [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Available for sale	4,527	3,771
Significant Unobservable Inputs (Level 3) [Member] | Recurring Fair Value Measurements [Member] | Corporate and Other Debt Securities [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Available for sale	0	0
Significant Unobservable Inputs (Level 3) [Member] | Recurring Fair Value Measurements [Member] | Equity Securities [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Available for sale	0	0
Significant Unobservable Inputs (Level 3) [Member] | Non-Recurring Fair Value Measurements [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Loans held for sale	0	'
Collateral dependent impaired loans	21,740	35,700
Loan servicing rights	2,314	3,677
Foreclosed assets	12,715	25,929
Total	36,769	'
Non Recurring Fair Value Measurements Asset Liability Total	'	$65,306

Fair_Value_Measurement_of_Asse3

Fair Value Measurement of Assets and Liabilities - Assets and Liabilities Measured at Fair Value on Recurring and Non-Recurring Basis (Parenthetical) (Detail) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Millions, unless otherwise specified
Fair Value Disclosures [Abstract]	'	'
Unpaid principal balances of loans held for sale	$8	$10.40
Covered real estate owned	$2.80	$7.60

Fair_Value_Measurement_of_Asse4

Fair Value Measurement of Assets and Liabilities - Changes in Level 3 Assets Measured at Fair Value on Recurring Basis (Detail) (Available-for-sale Securities [Member], USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Available-for-sale Securities [Member]	'	'	'	'
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]	'	'	'	'
Balance, beginning of the period	$26,911	$77,920	$28,523	$71,674
Total net gains for the period included in other comprehensive income	174	3,406	222	11,439
Settlements	-1,056	-2,214	-2,716	-4,001
Balance, end of the period	$26,029	$79,112	$26,029	$79,112

Fair_Value_Measurement_of_Asse5

Fair Value Measurement of Assets and Liabilities - Additional Information (Detail) (USD $)

3 Months Ended

6 Months Ended

3 Months Ended

3 Months Ended

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2013

Mar. 31, 2014

Dec. 31, 2013

Mar. 31, 2013

Dec. 31, 2012

Jun. 30, 2014

Jun. 30, 2014

Minimum [Member]

Maximum [Member]

Significant Unobservable Inputs (Level 3) [Member]

Available-for-sale Securities [Member]

Available-for-sale Securities [Member]

Available-for-sale Securities [Member]

Available-for-sale Securities [Member]

Available-for-sale Securities [Member]

Available-for-sale Securities [Member]

Non-Performing Loans [Member]

Non-Performing Loans [Member]

Changes Measurement [Member]

Fair Value [Member]

Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Changes in unrealized losses on Level 3 securities

'

'

'

'

'

'

$0

$0

'

'

'

'

'

'

Transfer of loans to loans held for sale

'

27,329,000

0

'

'

'

'

'

'

'

'

'

2,300,000

7,900,000

Discount rate on impaired loans

'

'

'

'

'

26.40%

'

'

'

'

'

'

'

'

Impaired trust preferred securities ,fair value

'

'

'

'

'

'

26,029,000

79,112,000

26,911,000

28,523,000

77,920,000

71,674,000

'

'

Impaired collateral dependent loans, charge-offs

2,200,000

3,200,000

'

'

'

'

'

'

'

'

'

'

'

'

Collateral dependent impaired loans, recorded investment

23,600,000

23,600,000

'

'

'

'

'

'

'

'

'

'

'

'

Specific valuation allowance allocations

1,900,000

1,900,000

'

'

'

'

'

'

'

'

'

'

'

'

Reported net carrying amount of impaired loans

21,700,000

21,700,000

'

'

'

'

'

'

'

'

'

'

'

'

Valuation of loan servicing rights, discount rate

'

8.00%

'

'

'

'

'

'

'

'

'

'

'

'

Valuation of loan servicing rights, prepayment rate

'

'

'

0.00%

25.00%

'

'

'

'

'

'

'

'

'

Net recoveries of impairment charges

42,000

142,000

'

'

'

'

'

'

'

'

'

'

'

'

Fair Value, Unobservable Inputs Quantitative Information For Assets Measured On Nonrecurring Basis, Foreclosed Assets, Discount Rate

'

12.00%

'

'

'

'

'

'

'

'

'

'

'

'

Foreclosed assets measured at fair value upon initial recognition

12,700,000

12,700,000

'

'

'

'

'

'

'

'

'

'

'

'

Allowance for loan losses, charge-offs

527,000

2,000,000

'

'

'

'

'

'

'

'

'

'

'

'

Loss due to re-measurement of repossessed assets

$75,000

$1,900,000

'

'

'

'

'

'

'

'

'

'

'

'

Fair_Value_Measurement_of_Asse6

Fair Value Measurement of Assets and Liabilities - Schedule of Quantitative Information about Level 3 Inputs Used to Measure Fair Value of Available for Sale Securities (Detail) (Significant Unobservable Inputs (Level 3) [Member], Residential Mortgage-Backed Securities [Member])	6 Months Ended
	Jun. 30, 2014
Fair Value Assets Measured On Recurring Basis [Line Items]	'
Valuation technique to measure fair value	'Discounted cash flow
Prepayment rate, Weighted Average of unobservable inputs	14.40%
Default rate, Weighted Average of unobservable inputs	7.90%
Loss severity, Weighted Average of unobservable inputs	48.90%
Minimum [Member]	'
Fair Value Assets Measured On Recurring Basis [Line Items]	'
Prepayment rate, Range of unobservable inputs	1.30%
Default rate, Range of unobservable inputs	2.40%
Loss severity, Range of unobservable inputs	40.00%
Maximum [Member]	'
Fair Value Assets Measured On Recurring Basis [Line Items]	'
Prepayment rate, Range of unobservable inputs	44.30%
Default rate, Range of unobservable inputs	22.96%
Loss severity, Range of unobservable inputs	52.90%

Fair_Value_Measurement_of_Asse7

Fair Value Measurement of Assets and Liabilities - Schedule of Gains and Losses from Fair Value Changes (Detail) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Gains And Losses From Fair Value Changes [Line Items]	'	'	'	'
Gains (Losses) on Change in Fair Value	$645	$14,096	$1,549	$26,954
Trading Losses, Net [Member] | Trading Securities [Member]	'	'	'	'
Gains And Losses From Fair Value Changes [Line Items]	'	'	'	'
Gains (Losses) on Change in Fair Value	-34	-36	-43	-66
Trading Losses, Net [Member] | Junior Subordinated Debentures Issued to Capital Trusts [Member]	'	'	'	'
Gains And Losses From Fair Value Changes [Line Items]	'	'	'	'
Gains (Losses) on Change in Fair Value	0	-234	0	-2,406
Gains on Sales of Loans, Net [Member] | Loans Held for Sale [Member]	'	'	'	'
Gains And Losses From Fair Value Changes [Line Items]	'	'	'	'
Gains (Losses) on Change in Fair Value	$679	$14,366	$1,592	$29,426

Fair_Value_Measurement_of_Asse8

Fair Value Measurement of Assets and Liabilities - Carrying Amounts and Estimated Fair Values of Financial Instruments (Detail) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Fair value and carrying amounts of assets and liabilities not measured and not reported at fair value on the consolidated statement of financial condition	'	'
Interest bearing deposits with banks	$40,580	$134,915
Total investment securities held to maturity	1,854,121	1,711,427
Accrued interest receivable	53,650	53,964
Time	2,191,489	2,179,269
Carrying Amount [Member]	'	'
Fair value and carrying amounts of assets and liabilities not measured and not reported at fair value on the consolidated statement of financial condition	'	'
Total investment securities held to maturity	1,826,143	1,731,737
Carrying Amount [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]	'	'
Fair value and carrying amounts of assets and liabilities not measured and not reported at fair value on the consolidated statement of financial condition	'	'
Cash and due from banks	266,101	234,253
Interest bearing deposits with banks	40,580	134,915
Accrued interest receivable	53,650	53,964
Federal Reserve Bank and Federal Home Loan Bank stock	138,180	137,234
Deposits without stated maturities	9,224,563	9,139,993
Short-term borrowings	354,230	281,455
Accrued interest payable	16,652	16,442
Carrying Amount [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | U.S. Treasury Securities [Member]	'	'
Fair value and carrying amounts of assets and liabilities not measured and not reported at fair value on the consolidated statement of financial condition	'	'
Total investment securities held to maturity	139,192	139,255
Carrying Amount [Member] | Significant Other Observable Inputs (Level 2) [Member]	'	'
Fair value and carrying amounts of assets and liabilities not measured and not reported at fair value on the consolidated statement of financial condition	'	'
Time	2,191,489	2,179,269
Long-term borrowings	2,797,986	2,792,306
Junior subordinated debentures issued to capital trusts	41,171	41,089
Carrying Amount [Member] | Significant Other Observable Inputs (Level 2) [Member] | U.S. Government Agency Securities [Member]	'	'
Fair value and carrying amounts of assets and liabilities not measured and not reported at fair value on the consolidated statement of financial condition	'	'
Total investment securities held to maturity	14,346	4,427
Carrying Amount [Member] | Significant Other Observable Inputs (Level 2) [Member] | Obligations of States and Political Subdivisions [Member]	'	'
Fair value and carrying amounts of assets and liabilities not measured and not reported at fair value on the consolidated statement of financial condition	'	'
Total investment securities held to maturity	515,402	545,886
Carrying Amount [Member] | Significant Other Observable Inputs (Level 2) [Member] | Residential Mortgage-Backed Securities [Member]	'	'
Fair value and carrying amounts of assets and liabilities not measured and not reported at fair value on the consolidated statement of financial condition	'	'
Total investment securities held to maturity	1,019,086	886,043
Carrying Amount [Member] | Significant Other Observable Inputs (Level 2) [Member] | Trust Preferred Securities [Member]	'	'
Fair value and carrying amounts of assets and liabilities not measured and not reported at fair value on the consolidated statement of financial condition	'	'
Total investment securities held to maturity	98,452	103,458
Carrying Amount [Member] | Significant Other Observable Inputs (Level 2) [Member] | Corporate and Other Debt Securities [Member]	'	'
Fair value and carrying amounts of assets and liabilities not measured and not reported at fair value on the consolidated statement of financial condition	'	'
Total investment securities held to maturity	39,665	52,668
Carrying Amount [Member] | Significant Unobservable Inputs (Level 3) [Member]	'	'
Fair value and carrying amounts of assets and liabilities not measured and not reported at fair value on the consolidated statement of financial condition	'	'
Net loans	11,710,375	11,453,995
Fair Value [Member]	'	'
Fair value and carrying amounts of assets and liabilities not measured and not reported at fair value on the consolidated statement of financial condition	'	'
Total investment securities held to maturity	1,854,121	1,711,427
Fair Value [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]	'	'
Fair value and carrying amounts of assets and liabilities not measured and not reported at fair value on the consolidated statement of financial condition	'	'
Cash and due from banks	266,101	234,253
Interest bearing deposits with banks	40,580	134,915
Accrued interest receivable	53,650	53,964
Federal Reserve Bank and Federal Home Loan Bank stock	138,180	137,234
Deposits without stated maturities	9,224,563	9,139,993
Short-term borrowings	354,230	281,455
Accrued interest payable	16,652	16,442
Fair Value [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | U.S. Treasury Securities [Member]	'	'
Fair value and carrying amounts of assets and liabilities not measured and not reported at fair value on the consolidated statement of financial condition	'	'
Total investment securities held to maturity	149,128	144,307
Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member]	'	'
Fair value and carrying amounts of assets and liabilities not measured and not reported at fair value on the consolidated statement of financial condition	'	'
Time	2,254,453	2,206,427
Long-term borrowings	3,040,487	3,036,953
Junior subordinated debentures issued to capital trusts	45,191	45,261
Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member] | U.S. Government Agency Securities [Member]	'	'
Fair value and carrying amounts of assets and liabilities not measured and not reported at fair value on the consolidated statement of financial condition	'	'
Total investment securities held to maturity	14,718	4,365
Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member] | Obligations of States and Political Subdivisions [Member]	'	'
Fair value and carrying amounts of assets and liabilities not measured and not reported at fair value on the consolidated statement of financial condition	'	'
Total investment securities held to maturity	530,393	543,151
Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member] | Residential Mortgage-Backed Securities [Member]	'	'
Fair value and carrying amounts of assets and liabilities not measured and not reported at fair value on the consolidated statement of financial condition	'	'
Total investment securities held to maturity	1,028,120	871,021
Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member] | Trust Preferred Securities [Member]	'	'
Fair value and carrying amounts of assets and liabilities not measured and not reported at fair value on the consolidated statement of financial condition	'	'
Total investment securities held to maturity	85,886	91,489
Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member] | Corporate and Other Debt Securities [Member]	'	'
Fair value and carrying amounts of assets and liabilities not measured and not reported at fair value on the consolidated statement of financial condition	'	'
Total investment securities held to maturity	45,876	57,094
Fair Value [Member] | Significant Unobservable Inputs (Level 3) [Member]	'	'
Fair value and carrying amounts of assets and liabilities not measured and not reported at fair value on the consolidated statement of financial condition	'	'
Net loans	$11,513,205	$11,294,348

Investment_Securities_Addition

Investment Securities - Additional Information (Detail) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2013	Dec. 31, 2012
	Security		Security			Security
Investment Securities [Line Items]	'	'	'	'	'	'	'	'
Held to Maturity, Amortized Cost	$1,826,143,000	'	$1,826,143,000	'	'	$1,731,737,000	'	'
Available for sale	783,205,000	'	783,205,000	'	'	829,692,000	'	'
Fair value of trading securities	14,221,000	'	14,221,000	'	'	14,264,000	'	'
Number of security positions in the securities held to maturity portfolio in an unrealized loss position	80	'	80	'	'	133	'	'
Fair value of investments held to maturity pledged as collateral	925,900,000	'	925,900,000	'	'	'	'	'
Weighted-average remaining expected life of residential mortgage-backed securities held to maturity, years	'	'	'8 years	'	'	'	'	'
Amortized Cost	795,545,000	'	795,545,000	'	'	866,904,000	'	'
Gross unrealized losses	21,279,000	'	21,279,000	'	'	46,262,000	'	'
Gross unrealized losses	21,279,000	'	21,279,000	'	'	46,262,000	'	'
Fair value of securities available for sale pledged as collateral	525,300,000	'	525,300,000	'	'	'	'	'
Weighted-average remaining expected life of residential mortgage-backed securities available for sale, years	'	'	'5 years 2 months 5 days	'	'	'	'	'
Credit factors risk percentage	'	'	25.00%	'	'	'	'	'
Gains (losses) on securities transactions, net	7,000	41,000	-1,000	3,999,000	'	'	'	'
Interest income on trading securities	291,000	413,000	581,000	855,000	'	'	'	'
Amortized Cost	'	941,000	'	'	'	'	'	'
Gross gains, Sales transactions	0	1,000	0	3,381,000	'	'	'	'
The credit loss component of cumulative other-than-temporary impairment losses recognized in earnings	9,682,000	33,102,000	9,682,000	33,102,000	9,792,000	9,990,000	33,177,000	33,290,000
Number of security positions in the securities available for sale portfolio in an unrealized loss position	87	'	87	'	'	99	'	'
Trust Preferred Securities [Member] | Previously Other-Than-Temporarily Impaired Securities [Member]	'	'	'	'	'	'	'	'
Investment Securities [Line Items]	'	'	'	'	'	'	'	'
Available for sale	4,500,000	'	4,500,000	'	'	'	'	'
Amortized Cost	5,400,000	'	5,400,000	'	'	'	'	'
Trust Preferred Securities [Member] | Non-Rated [Member]	'	'	'	'	'	'	'	'
Investment Securities [Line Items]	'	'	'	'	'	'	'	'
Number of security positions in the securities held to maturity portfolio in an unrealized loss position	4	'	4	'	'	'	'	'
Pooled Trust Preferred Securities [Member]	'	'	'	'	'	'	'	'
Investment Securities [Line Items]	'	'	'	'	'	'	'	'
Available for sale	11,100,000	'	11,100,000	'	'	'	'	'
Amortized Cost	13,500,000	'	13,500,000	'	'	'	'	'
Number of security positions in the securities available for sale portfolio in an unrealized loss position	3	'	3	'	'	3	'	'
Pooled Trust Preferred Securities [Member] | Investment Grade [Member]	'	'	'	'	'	'	'	'
Investment Securities [Line Items]	'	'	'	'	'	'	'	'
Gross unrealized losses	1,500,000	'	1,500,000	'	'	'	'	'
Number of security positions in the securities available for sale portfolio in an unrealized loss position	1	'	1	'	'	'	'	'
Pooled Trust Preferred Securities [Member] | Non-Investment Grade [Member]	'	'	'	'	'	'	'	'
Investment Securities [Line Items]	'	'	'	'	'	'	'	'
Number of security positions in the securities available for sale portfolio in an unrealized loss position	2	'	2	'	'	'	'	'
Perpetual Preferred Securities [Member]	'	'	'	'	'	'	'	'
Investment Securities [Line Items]	'	'	'	'	'	'	'	'
Number of security positions in the securities available for sale portfolio in an unrealized loss position	2	'	2	'	'	'	'	'
Three Private Label Mortgage-Backed Securities [Member]	'	'	'	'	'	'	'	'
Investment Securities [Line Items]	'	'	'	'	'	'	'	'
Available for sale	21,500,000	'	21,500,000	'	'	'	'	'
Number of investment grade private label mortgage-backed securities	'	'	'	'	'	'	'	5
Amortized Cost	21,800,000	'	21,800,000	'	'	'	'	'
Three Private Label Mortgage-Backed Securities [Member] | Investment Grade [Member]	'	'	'	'	'	'	'	'
Investment Securities [Line Items]	'	'	'	'	'	'	'	'
Gross unrealized losses	407,000	'	407,000	'	'	'	'	'
Three Private Label Mortgage-Backed Securities [Member] | Previously Other-Than-Temporarily Impaired Securities [Member]	'	'	'	'	'	'	'	'
Investment Securities [Line Items]	'	'	'	'	'	'	'	'
Number of investment grade private label mortgage-backed securities	'	'	'	'	'	'	'	3
Three Private Label Mortgage-Backed Securities [Member] | Previously Other-Than-Temporarily Impaired Securities [Member] | Investment Grade [Member]	'	'	'	'	'	'	'	'
Investment Securities [Line Items]	'	'	'	'	'	'	'	'
Number of investment grade private label mortgage-backed securities	4	'	4	'	'	'	'	'
Obligations of States and Political Subdivisions [Member]	'	'	'	'	'	'	'	'
Investment Securities [Line Items]	'	'	'	'	'	'	'	'
Held to Maturity, Amortized Cost	515,402,000	'	515,402,000	'	'	545,886,000	'	'
Available for sale	38,015,000	'	38,015,000	'	'	37,700,000	'	'
Amortized Cost	38,934,000	'	38,934,000	'	'	39,112,000	'	'
Gross unrealized losses	1,014,000	'	1,014,000	'	'	2,163,000	'	'
Gross unrealized losses	1,014,000	'	1,014,000	'	'	2,163,000	'	'
Obligations of States and Political Subdivisions [Member] | Other Than Temporarily Impaired Securities [Member]	'	'	'	'	'	'	'	'
Investment Securities [Line Items]	'	'	'	'	'	'	'	'
Available for sale	19,000,000	'	19,000,000	'	'	'	'	'
Amortized Cost	18,400,000	'	18,400,000	'	'	'	'	'
Gross unrealized losses	3,500,000	'	3,500,000	'	'	'	'	'
Investment carrying value	553,400,000	'	553,400,000	'	'	'	'	'
Investment carrying value percentage	'	'	53.00%	'	'	'	'	'
Residential Mortgage-Backed Securities [Member]	'	'	'	'	'	'	'	'
Investment Securities [Line Items]	'	'	'	'	'	'	'	'
Held to Maturity, Amortized Cost	1,019,086,000	'	1,019,086,000	'	'	886,043,000	'	'
Available for sale	478,132,000	'	478,132,000	'	'	508,029,000	'	'
Amortized Cost	481,781,000	'	481,781,000	'	'	524,781,000	'	'
Gross unrealized losses	7,888,000	'	7,888,000	'	'	20,719,000	'	'
Gross unrealized losses	7,888,000	'	7,888,000	'	'	20,719,000	'	'
The credit loss component of cumulative other-than-temporary impairment losses recognized in earnings	$0	'	$0	'	'	'	'	'

Investment_Securities_Amortize

Investment Securities - Amortized Cost, Gross Unrealized Gains and Losses and Fair Value of Securities Held to Maturity (Detail) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Schedule of Held-to-Maturity Securities [Line Items]	'	'
Held to Maturity, Amortized Cost	$1,826,143	$1,731,737
Gross Unrealized Gains	54,444	30,962
Gross Unrealized Losses	-26,466	-51,272
Fair Value	1,854,121	1,711,427
U.S. Treasury Securities [Member]	'	'
Schedule of Held-to-Maturity Securities [Line Items]	'	'
Held to Maturity, Amortized Cost	139,192	139,255
Gross Unrealized Gains	9,936	5,567
Gross Unrealized Losses	0	-515
Fair Value	149,128	144,307
U.S. Government Agency Securities [Member]	'	'
Schedule of Held-to-Maturity Securities [Line Items]	'	'
Held to Maturity, Amortized Cost	14,346	4,427
Gross Unrealized Gains	372	0
Gross Unrealized Losses	0	-62
Fair Value	14,718	4,365
Obligations of States and State Agencies [Member]	'	'
Schedule of Held-to-Maturity Securities [Line Items]	'	'
Held to Maturity, Amortized Cost	198,610	192,653
Gross Unrealized Gains	7,056	1,944
Gross Unrealized Losses	-1,291	-5,473
Fair Value	204,375	189,124
Municipal Bonds [Member]	'	'
Schedule of Held-to-Maturity Securities [Line Items]	'	'
Held to Maturity, Amortized Cost	316,792	353,233
Gross Unrealized Gains	10,441	6,053
Gross Unrealized Losses	-1,215	-5,259
Fair Value	326,018	354,027
Obligations of States and Political Subdivisions [Member]	'	'
Schedule of Held-to-Maturity Securities [Line Items]	'	'
Held to Maturity, Amortized Cost	515,402	545,886
Gross Unrealized Gains	17,497	7,997
Gross Unrealized Losses	-2,506	-10,732
Fair Value	530,393	543,151
Residential Mortgage-Backed Securities [Member]	'	'
Schedule of Held-to-Maturity Securities [Line Items]	'	'
Held to Maturity, Amortized Cost	1,019,086	886,043
Gross Unrealized Gains	20,233	12,609
Gross Unrealized Losses	-11,199	-27,631
Fair Value	1,028,120	871,021
Trust Preferred Securities [Member]	'	'
Schedule of Held-to-Maturity Securities [Line Items]	'	'
Held to Maturity, Amortized Cost	98,452	103,458
Gross Unrealized Gains	193	363
Gross Unrealized Losses	-12,759	-12,332
Fair Value	85,886	91,489
Corporate and Other Debt Securities [Member]	'	'
Schedule of Held-to-Maturity Securities [Line Items]	'	'
Held to Maturity, Amortized Cost	39,665	52,668
Gross Unrealized Gains	6,213	4,426
Gross Unrealized Losses	-2	0
Fair Value	$45,876	$57,094

Investment_Securities_Age_of_U

Investment Securities - Age of Unrealized Losses and Fair Value of Related Securities Held to Maturity (Detail) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Schedule of Available-for-sale Securities [Line Items]	'	'
Less than Twelve Months, Fair Value	$149,262	$710,652
Less than Twelve Months, Unrealized Losses	-1,781	-39,085
More than Twelve Months, Fair Value	429,936	57,806
More than Twelve Months, Unrealized Losses	-24,685	-12,187
Total, Fair Value	579,198	768,458
Total, Unrealized Losses	-26,466	-51,272
U.S. Treasury Securities [Member]	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Less than Twelve Months, Fair Value	'	64,537
Less than Twelve Months, Unrealized Losses	'	-515
More than Twelve Months, Fair Value	'	0
More than Twelve Months, Unrealized Losses	'	0
Total, Fair Value	'	64,537
Total, Unrealized Losses	'	-515
U.S. Government Agency Securities [Member]	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Less than Twelve Months, Fair Value	'	4,365
Less than Twelve Months, Unrealized Losses	'	-62
More than Twelve Months, Fair Value	'	0
More than Twelve Months, Unrealized Losses	'	0
Total, Fair Value	'	4,365
Total, Unrealized Losses	'	-62
Obligations of States and State Agencies [Member]	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Less than Twelve Months, Fair Value	10,364	80,612
Less than Twelve Months, Unrealized Losses	-12	-5,473
More than Twelve Months, Fair Value	46,593	0
More than Twelve Months, Unrealized Losses	-1,279	0
Total, Fair Value	56,957	80,612
Total, Unrealized Losses	-1,291	-5,473
Municipal Bonds [Member]	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Less than Twelve Months, Fair Value	2,276	85,988
Less than Twelve Months, Unrealized Losses	-9	-5,154
More than Twelve Months, Fair Value	55,006	1,326
More than Twelve Months, Unrealized Losses	-1,206	-105
Total, Fair Value	57,282	87,314
Total, Unrealized Losses	-1,215	-5,259
Obligations of States and Political Subdivisions [Member]	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Less than Twelve Months, Fair Value	12,640	166,600
Less than Twelve Months, Unrealized Losses	-21	-10,627
More than Twelve Months, Fair Value	101,599	1,326
More than Twelve Months, Unrealized Losses	-2,485	-105
Total, Fair Value	114,239	167,926
Total, Unrealized Losses	-2,506	-10,732
Residential Mortgage-Backed Securities [Member]	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Less than Twelve Months, Fair Value	126,574	465,400
Less than Twelve Months, Unrealized Losses	-1,558	-27,631
More than Twelve Months, Fair Value	272,328	0
More than Twelve Months, Unrealized Losses	-9,641	0
Total, Fair Value	398,902	465,400
Total, Unrealized Losses	-11,199	-27,631
Trust Preferred Securities [Member]	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Less than Twelve Months, Fair Value	9,800	9,750
Less than Twelve Months, Unrealized Losses	-200	-250
More than Twelve Months, Fair Value	56,009	56,480
More than Twelve Months, Unrealized Losses	-12,559	-12,082
Total, Fair Value	65,809	66,230
Total, Unrealized Losses	-12,759	-12,332
Corporate and Other Debt Securities [Member]	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Less than Twelve Months, Fair Value	248	'
Less than Twelve Months, Unrealized Losses	-2	'
More than Twelve Months, Fair Value	0	'
More than Twelve Months, Unrealized Losses	0	'
Total, Fair Value	248	'
Total, Unrealized Losses	($2)	'

Investment_Securities_Contract

Investment Securities - Contractual Maturities of Debt Securities Held to Maturity (Detail) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Investments, Debt and Equity Securities [Abstract]	'	'
Due in one year, Amortized Cost	$80,902	'
Due after one year through five years, Amortized Cost	37,304	'
Due after five years through ten years, Amortized Cost	329,793	'
Due after ten years, Amortized Cost	359,058	'
Residential mortgage-backed securities, Amortized Cost	1,019,086	'
Total investment securities held to maturity, Amortized Cost	1,826,143	1,731,737
Due in one year, Fair Value	80,962	'
Due after one year through five years, Fair Value	42,340	'
Due after five years through ten years, Fair Value	346,954	'
Due after ten years, Fair Value	355,745	'
Residential mortgage-backed securities, Fair Value	1,028,120	'
Fair Value	$1,854,121	$1,711,427

Investment_Securities_Amortize1

Investment Securities - Amortized Cost, Gross Unrealized Gains and Losses and Fair Value of Securities Available for Sale (Detail) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Schedule of Available-for-sale Securities [Line Items]	'	'
Amortized Cost	$795,545	$866,904
Gross Unrealized Gains	8,939	9,050
Gross Unrealized Losses	-21,279	-46,262
Fair Value	783,205	829,692
U.S. Treasury Securities [Member]	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Amortized Cost	99,831	99,835
Gross Unrealized Gains	0	0
Gross Unrealized Losses	-7,944	-15,170
Fair Value	91,887	84,665
U.S. Government Agency Securities [Member]	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Amortized Cost	45,557	48,407
Gross Unrealized Gains	796	923
Gross Unrealized Losses	-312	-703
Fair Value	46,041	48,627
Obligations of States and State Agencies [Member]	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Amortized Cost	11,278	11,441
Gross Unrealized Gains	0	0
Gross Unrealized Losses	-322	-798
Fair Value	10,956	10,643
Municipal Bonds [Member]	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Amortized Cost	27,656	27,671
Gross Unrealized Gains	95	751
Gross Unrealized Losses	-692	-1,365
Fair Value	27,059	27,057
Obligations of States and Political Subdivisions [Member]	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Amortized Cost	38,934	39,112
Gross Unrealized Gains	95	751
Gross Unrealized Losses	-1,014	-2,163
Fair Value	38,015	37,700
Residential Mortgage-Backed Securities [Member]	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Amortized Cost	481,781	524,781
Gross Unrealized Gains	4,239	3,967
Gross Unrealized Losses	-7,888	-20,719
Fair Value	478,132	508,029
Trust Preferred Securities [Member]	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Amortized Cost	23,263	23,333
Gross Unrealized Gains	323	113
Gross Unrealized Losses	-2,936	-4,231
Fair Value	20,650	19,215
Corporate and Other Debt Securities [Member]	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Amortized Cost	83,108	83,819
Gross Unrealized Gains	2,029	1,682
Gross Unrealized Losses	-601	-2,103
Fair Value	84,536	83,398
Equity Securities [Member]	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Amortized Cost	23,071	47,617
Gross Unrealized Gains	1,457	1,614
Gross Unrealized Losses	-584	-1,173
Fair Value	$23,944	$48,058

Investment_Securities_Amortize2

Investment Securities - Amortized Cost, Gross Unrealized Gains and Losses and Fair Value of Securities Available for Sale (Parenthetical) (Detail)	Jun. 30, 2014	Dec. 31, 2013
	Security	Security
Schedule of Available-for-sale Securities [Line Items]	'	'
Number of pooled trust preferred securities	87	99
Pooled Trust Preferred Securities [Member]	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Number of pooled trust preferred securities	3	3

Investment_Securities_Age_of_U1

Investment Securities - Age of Unrealized Losses and Fair Value of Related Securities (Detail) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Schedule of Held-to-Maturity Securities [Line Items]	'	'
Less than Twelve Months, Fair Value	$49,439	$559,333
Less than Twelve Months, Unrealized Losses	-1,157	-38,574
More than Twelve Months, Fair Value	498,377	56,475
More than Twelve Months, Unrealized Losses	-20,122	-7,688
Total, Fair Value	547,816	615,808
Total, Unrealized Losses	-21,279	-46,262
U.S. Treasury Securities [Member]	'	'
Schedule of Held-to-Maturity Securities [Line Items]	'	'
Less than Twelve Months, Fair Value	0	84,665
Less than Twelve Months, Unrealized Losses	0	-15,170
More than Twelve Months, Fair Value	91,887	0
More than Twelve Months, Unrealized Losses	-7,944	0
Total, Fair Value	91,887	84,665
Total, Unrealized Losses	-7,944	-15,170
U.S. Government Agency Securities [Member]	'	'
Schedule of Held-to-Maturity Securities [Line Items]	'	'
Less than Twelve Months, Fair Value	0	26,402
Less than Twelve Months, Unrealized Losses	0	-703
More than Twelve Months, Fair Value	20,892	0
More than Twelve Months, Unrealized Losses	-312	0
Total, Fair Value	20,892	26,402
Total, Unrealized Losses	-312	-703
Obligations of States and State Agencies [Member]	'	'
Schedule of Held-to-Maturity Securities [Line Items]	'	'
Less than Twelve Months, Fair Value	0	10,598
Less than Twelve Months, Unrealized Losses	0	-798
More than Twelve Months, Fair Value	10,956	0
More than Twelve Months, Unrealized Losses	-322	0
Total, Fair Value	10,956	10,598
Total, Unrealized Losses	-322	-798
Municipal Bonds [Member]	'	'
Schedule of Held-to-Maturity Securities [Line Items]	'	'
Less than Twelve Months, Fair Value	10,781	13,461
Less than Twelve Months, Unrealized Losses	-473	-1,365
More than Twelve Months, Fair Value	14,575	0
More than Twelve Months, Unrealized Losses	-219	0
Total, Fair Value	25,356	13,461
Total, Unrealized Losses	-692	-1,365
Obligations of States and Political Subdivisions [Member]	'	'
Schedule of Held-to-Maturity Securities [Line Items]	'	'
Less than Twelve Months, Fair Value	10,781	24,059
Less than Twelve Months, Unrealized Losses	-473	-2,163
More than Twelve Months, Fair Value	25,531	0
More than Twelve Months, Unrealized Losses	-541	0
Total, Fair Value	36,312	24,059
Total, Unrealized Losses	-1,014	-2,163
Residential Mortgage-Backed Securities [Member]	'	'
Schedule of Held-to-Maturity Securities [Line Items]	'	'
Less than Twelve Months, Fair Value	27,250	368,306
Less than Twelve Months, Unrealized Losses	-658	-18,434
More than Twelve Months, Fair Value	300,710	24,734
More than Twelve Months, Unrealized Losses	-7,230	-2,285
Total, Fair Value	327,960	393,040
Total, Unrealized Losses	-7,888	-20,719
Trust Preferred Securities [Member]	'	'
Schedule of Held-to-Maturity Securities [Line Items]	'	'
Less than Twelve Months, Fair Value	850	2,024
Less than Twelve Months, Unrealized Losses	-1	-25
More than Twelve Months, Fair Value	15,351	15,022
More than Twelve Months, Unrealized Losses	-2,935	-4,206
Total, Fair Value	16,201	17,046
Total, Unrealized Losses	-2,936	-4,231
Corporate and Other Debt Securities [Member]	'	'
Schedule of Held-to-Maturity Securities [Line Items]	'	'
Less than Twelve Months, Fair Value	10,512	53,654
Less than Twelve Months, Unrealized Losses	-23	-2,073
More than Twelve Months, Fair Value	28,943	2,471
More than Twelve Months, Unrealized Losses	-578	-30
Total, Fair Value	39,455	56,125
Total, Unrealized Losses	-601	-2,103
Equity Securities [Member]	'	'
Schedule of Held-to-Maturity Securities [Line Items]	'	'
Less than Twelve Months, Fair Value	46	223
Less than Twelve Months, Unrealized Losses	-2	-6
More than Twelve Months, Fair Value	15,063	14,248
More than Twelve Months, Unrealized Losses	-582	-1,167
Total, Fair Value	15,109	14,471
Total, Unrealized Losses	($584)	($1,173)

Investment_Securities_Contract1

Investment Securities - Contractual Maturities of Investment Securities Available for Sale (Detail) (USD $)	Jun. 30, 2014
In Thousands, unless otherwise specified
Schedule of Available-for-sale Securities [Line Items]	'
Due in one year, Amortized Cost	$115
Due after one year through five years, Amortized Cost	74,141
Due after five years through ten years, Amortized Cost	85,769
Due after ten years, Amortized Cost	130,668
Total investment securities available for sale, Amortized Cost	795,545
Due in one year, Fair Value	115
Due after one year through five years, Fair Value	75,773
Due after five years through ten years, Fair Value	82,334
Due after ten years, Fair Value	122,907
Total investment securities available for sale, Fair Value	783,205
Residential Mortgage-Backed Securities [Member]	'
Schedule of Available-for-sale Securities [Line Items]	'
Securities without a single maturity date, Amortized Cost	481,781
Securities without a single maturity date, Fair Value	478,132
Equity Securities [Member]	'
Schedule of Available-for-sale Securities [Line Items]	'
Securities without a single maturity date, Amortized Cost	23,071
Securities without a single maturity date, Fair Value	$23,944

Investment_Securities_Realized

Investment Securities - Realized Gains and Losses on Sales of Investment Securities (Detail) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Investments, Debt and Equity Securities [Abstract]	'	'	'	'
Gross gains, Sales transactions	$0	$1	$0	$3,381
Gross gains, Maturities and other securities transactions	7	41	8	649
Gross losses, Maturities and other securities transactions	0	-1	-9	-31
Gains (losses) on Maturities and other securities transactions, net	7	40	-1	618
Total gains on securities transactions, net	$7	$41	($1)	$3,999

Investment_Securities_Changes_

Investment Securities - Changes in Credit Loss Component of Cumulative Other-than-Temporary Impairment Losses on Debt Securities (Detail) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Investments, Debt and Equity Securities [Abstract]	'	'	'	'
Balance, beginning of period	$9,792	$33,177	$9,990	$33,290
Reductions: Accretion of credit loss impairment due to an increase in expected cash flows	-110	-75	-308	-188
Balance, end of period	$9,682	$33,102	$9,682	$33,102

Loans_Schedule_of_Loan_Portfol

Loans - Schedule of Loan Portfolio Non-Covered and Covered PCI Loans and Non-PCI Loans (Detail) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Non-covered loans	$11,750,875	$11,471,447
Covered loans	62,553	96,165
Total loans	11,813,428	11,567,612
Commercial Real Estate Loans [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Non-covered loans	5,513,704	5,410,906
Consumer Loans [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Non-covered loans	1,710,904	1,565,492
Covered loans	506	799
Commercial and Industrial [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Non-covered loans	2,064,751	1,995,084
Covered loans	15,861	26,249
Commercial Real Estate [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Non-covered loans	5,100,442	4,981,675
Covered loans	38,738	61,494
Construction [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Non-covered loans	413,262	429,231
Residential Mortgage [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Non-covered loans	2,461,516	2,499,965
Covered loans	7,448	7,623
Home Equity [Member] | Consumer Loans [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Non-covered loans	436,360	449,009
Automobile [Member] | Consumer Loans [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Non-covered loans	1,021,782	901,399
Other Consumer [Member] | Consumer Loans [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Non-covered loans	252,762	215,084
Non-PCI Loans [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Non-covered loans	11,137,823	10,761,344
Covered loans	0	'
Total loans	11,137,823	10,761,344
Non-PCI Loans [Member] | Commercial Real Estate Loans [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Non-covered loans	5,104,171	4,928,797
Non-PCI Loans [Member] | Consumer Loans [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Non-covered loans	1,674,688	1,527,172
Covered loans	'	'
Non-PCI Loans [Member] | Commercial and Industrial [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Non-covered loans	1,910,990	1,820,136
Covered loans	'	'
Non-PCI Loans [Member] | Commercial Real Estate [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Non-covered loans	4,707,209	4,521,920
Covered loans	'	'
Non-PCI Loans [Member] | Construction [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Non-covered loans	396,962	406,877
Non-PCI Loans [Member] | Residential Mortgage [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Non-covered loans	2,447,974	2,485,239
Covered loans	'	'
Non-PCI Loans [Member] | Home Equity [Member] | Consumer Loans [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Non-covered loans	400,303	410,875
Non-PCI Loans [Member] | Automobile [Member] | Consumer Loans [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Non-covered loans	1,021,782	901,399
Non-PCI Loans [Member] | Other Consumer [Member] | Consumer Loans [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Non-covered loans	252,603	214,898
PCI Loans [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Non-covered loans	613,052	710,103
Covered loans	62,553	96,165
Total loans	675,605	806,268
PCI Loans [Member] | Commercial Real Estate Loans [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Non-covered loans	409,533	482,109
PCI Loans [Member] | Consumer Loans [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Non-covered loans	36,216	38,320
Covered loans	506	799
PCI Loans [Member] | Commercial and Industrial [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Non-covered loans	153,761	174,948
Covered loans	15,861	26,249
PCI Loans [Member] | Commercial Real Estate [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Non-covered loans	393,233	459,755
Covered loans	38,738	61,494
PCI Loans [Member] | Construction [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Non-covered loans	16,300	22,354
PCI Loans [Member] | Residential Mortgage [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Non-covered loans	13,542	14,726
Covered loans	7,448	7,623
PCI Loans [Member] | Home Equity [Member] | Consumer Loans [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Non-covered loans	36,057	38,134
PCI Loans [Member] | Automobile [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Non-covered loans	0	0
PCI Loans [Member] | Other Consumer [Member] | Consumer Loans [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Non-covered loans	$159	$186

Loans_Additional_Information_D

Loans - Additional Information (Detail) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'	'
Percentage of purchased credit impaired loans not covered	'	'	91.00%	'	'
Average expected life of non covered PCI loans at date of acquisition	'	'	'4 years	'	'
Average expected life of non covered PCI loans at reporting date	'	'	'2 years 2 months	'	'
Non-covered loans net of unearned discount and deferred loan fees	$7,300,000	'	$7,300,000	'	$5,600,000
Non-covered loans	11,750,875,000	'	11,750,875,000	'	11,471,447,000
Sales of loans	0	0	0	0	'
Non-interest income, increase (decrease)	7,711,000	2,000,000	7,800,000	5,200,000	'
Reimbursable portion of valuation write-downs on certain covered OREO properties	-2,192,000	0	-936,000	0	'
Combined loan-to-value ratio home equity loan	75.00%	'	75.00%	'	'
TDRs not reported as non-accrual loans	108,500,000	'	108,500,000	'	107,000,000
Non-performing TDRs	23,600,000	'	23,600,000	'	48,400,000
Specific reserves for loan losses	2,300,000	3,700,000	'	'	'
Partial loan charge-offs related to loans modified as TDRs	861,000	1,100,000	'	'	'
Number of days loans placed on non-accrual status	'90 days	'	'90 days	'	'
Contributions to qualified plan	0	'	'	'	'
Commercial and Industrial [Member]	'	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'	'
Unsecured loans	312,800,000	'	312,800,000	'	314,600,000
Commercial and Industrial [Member] | Commercial Real Estate [Member]	'	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'	'
Impaired loans	250,000	'	250,000	'	'
PCI Loans [Member]	'	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'	'
Outstanding contractual principal balances	92,600,000	'	92,600,000	'	227,200,000
Non-covered loans	666,400,000	'	666,400,000	'	796,100,000
Consumer Loans [Member]	'	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'	'
Non-covered loans	1,710,904,000	'	1,710,904,000	'	1,565,492,000
Unsecured loans	32,400,000	'	32,400,000	'	21,400,000
Credit Card [Member]	'	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'	'
Unsecured loans	$7,600,000	'	$7,600,000	'	$8,300,000

Loans_Changes_in_Accretable_Yi

Loans - Changes in Accretable Yield for Covered Loans (Detail) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Receivables [Abstract]	'	'	'	'
Balance, beginning of period	$209,865	$153,138	$223,799	$169,309
Accretion	-17,509	-17,639	-31,443	-33,874
Net increase in expected cash flows	-70,014	120,884	-70,014	120,948
Balance, end of period	$122,342	$256,383	$122,342	$256,383

Loans_Changes_in_FDIC_LossShar

Loans - Changes in FDIC Loss-Share Receivable (Detail) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Receivables [Abstract]	'	'	'	'
Balance, beginning of the period	$31,257	$43,413	$32,757	$44,996
Discount accretion of the present value at the acquisition dates	12	32	23	65
Effect of additional cash flows on covered loans (prospective recognition)	-2,104	-3,467	-3,960	-4,949
Decrease in the provision for losses on covered loans	-4,417	-105	-4,417	-2,783
Other reimbursable expenses	990	1,540	1,503	2,492
(Reimbursements from) payments to the FDIC	-2,859	-727	-4,283	865
Other	-2,192	0	-936	0
Balance, end of the period	$20,687	$40,686	$20,687	$40,686

Loans_Past_Due_NonAccrual_and_

Loans - Past Due, Non-Accrual and Current Non-Covered Loans by Loan Portfolio Class (Detail) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
30-59 Days Past Due Loans	$23,614	$27,113
60-89 Days Past Due Loans	8,949	10,313
Accruing Loans 90 Days Or More Past Due	3,369	9,491
Non-Accrual Loans	68,433	95,063
Total Past Due Loans	104,365	141,980
Current Non-PCI Loans	11,033,458	10,619,364
Total Non-PCI Loans	11,137,823	10,761,344
Commercial Real Estate Loans [Member]	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
30-59 Days Past Due Loans	7,481	10,328
60-89 Days Past Due Loans	5,389	7,019
Accruing Loans 90 Days Or More Past Due	2,212	7,591
Non-Accrual Loans	39,041	52,050
Total Past Due Loans	54,123	76,988
Current Non-PCI Loans	5,050,048	4,851,809
Total Non-PCI Loans	5,104,171	4,928,797
Consumer Loans [Member]	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
30-59 Days Past Due Loans	3,350	3,792
60-89 Days Past Due Loans	788	784
Accruing Loans 90 Days Or More Past Due	161	118
Non-Accrual Loans	2,106	2,035
Total Past Due Loans	6,405	6,729
Current Non-PCI Loans	1,668,283	1,520,443
Total Non-PCI Loans	1,674,688	1,527,172
Commercial and Industrial [Member]	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
30-59 Days Past Due Loans	4,918	6,398
60-89 Days Past Due Loans	783	571
Accruing Loans 90 Days Or More Past Due	450	233
Non-Accrual Loans	8,096	21,029
Total Past Due Loans	14,247	28,231
Current Non-PCI Loans	1,896,743	1,791,905
Total Non-PCI Loans	1,910,990	1,820,136
Commercial Real Estate [Member] | Commercial Real Estate Loans [Member]	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
30-59 Days Past Due Loans	3,493	9,142
60-89 Days Past Due Loans	57	2,442
Accruing Loans 90 Days Or More Past Due	2,212	7,591
Non-Accrual Loans	32,507	43,934
Total Past Due Loans	38,269	63,109
Current Non-PCI Loans	4,668,940	4,458,811
Total Non-PCI Loans	4,707,209	4,521,920
Construction [Member] | Commercial Real Estate Loans [Member]	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
30-59 Days Past Due Loans	3,988	1,186
60-89 Days Past Due Loans	5,332	4,577
Accruing Loans 90 Days Or More Past Due	0	0
Non-Accrual Loans	6,534	8,116
Total Past Due Loans	15,854	13,879
Current Non-PCI Loans	381,108	392,998
Total Non-PCI Loans	396,962	406,877
Residential Mortgage [Member]	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
30-59 Days Past Due Loans	7,865	6,595
60-89 Days Past Due Loans	1,989	1,939
Accruing Loans 90 Days Or More Past Due	546	1,549
Non-Accrual Loans	19,190	19,949
Total Past Due Loans	29,590	30,032
Current Non-PCI Loans	2,418,384	2,455,207
Total Non-PCI Loans	2,447,974	2,485,239
Home Equity [Member] | Consumer Loans [Member]	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
30-59 Days Past Due Loans	727	495
60-89 Days Past Due Loans	327	241
Accruing Loans 90 Days Or More Past Due	0	0
Non-Accrual Loans	1,985	1,866
Total Past Due Loans	3,039	2,602
Current Non-PCI Loans	397,264	408,273
Total Non-PCI Loans	400,303	410,875
Automobile [Member] | Consumer Loans [Member]	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
30-59 Days Past Due Loans	2,190	2,957
60-89 Days Past Due Loans	320	489
Accruing Loans 90 Days Or More Past Due	144	85
Non-Accrual Loans	121	169
Total Past Due Loans	2,775	3,700
Current Non-PCI Loans	1,019,007	897,699
Total Non-PCI Loans	1,021,782	901,399
Other Consumer [Member] | Consumer Loans [Member]	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
30-59 Days Past Due Loans	433	340
60-89 Days Past Due Loans	141	54
Accruing Loans 90 Days Or More Past Due	17	33
Non-Accrual Loans	0	0
Total Past Due Loans	591	427
Current Non-PCI Loans	252,012	214,471
Total Non-PCI Loans	$252,603	$214,898

Loans_Impaired_Loans_Detail

Loans - Impaired Loans (Detail) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Financing Receivable, Impaired [Line Items]	'	'
Recorded Investment With No Related Allowance	$64,696	$73,541
Recorded Investment With Related Allowance	102,134	117,807
Total Recorded Investment	166,830	191,348
Unpaid Contractual Principal Balance	180,090	225,471
Related Allowance	15,810	23,525
Commercial Real Estate Loans [Member]	'	'
Financing Receivable, Impaired [Line Items]	'	'
Recorded Investment With No Related Allowance	54,488	58,643
Recorded Investment With Related Allowance	52,705	55,995
Total Recorded Investment	107,193	114,638
Unpaid Contractual Principal Balance	110,946	131,705
Related Allowance	6,622	8,676
Consumer Loans [Member]	'	'
Financing Receivable, Impaired [Line Items]	'	'
Recorded Investment With No Related Allowance	420	1,010
Recorded Investment With Related Allowance	977	84
Total Recorded Investment	1,397	1,094
Unpaid Contractual Principal Balance	1,507	1,211
Related Allowance	63	82
Commercial and Industrial [Member]	'	'
Financing Receivable, Impaired [Line Items]	'	'
Recorded Investment With No Related Allowance	4,215	3,806
Recorded Investment With Related Allowance	27,699	43,497
Total Recorded Investment	31,914	47,303
Unpaid Contractual Principal Balance	38,362	59,891
Related Allowance	5,586	11,032
Commercial Real Estate [Member]	'	'
Financing Receivable, Impaired [Line Items]	'	'
Recorded Investment With No Related Allowance	43,114	46,872
Recorded Investment With Related Allowance	46,823	47,973
Total Recorded Investment	89,937	94,845
Unpaid Contractual Principal Balance	92,520	110,227
Related Allowance	5,891	7,874
Construction [Member]	'	'
Financing Receivable, Impaired [Line Items]	'	'
Recorded Investment With No Related Allowance	11,374	11,771
Recorded Investment With Related Allowance	5,882	8,022
Total Recorded Investment	17,256	19,793
Unpaid Contractual Principal Balance	18,426	21,478
Related Allowance	731	802
Residential Mortgage [Member]	'	'
Financing Receivable, Impaired [Line Items]	'	'
Recorded Investment With No Related Allowance	5,573	10,082
Recorded Investment With Related Allowance	20,753	18,231
Total Recorded Investment	26,326	28,313
Unpaid Contractual Principal Balance	29,275	32,664
Related Allowance	3,539	3,735
Home Equity [Member]	'	'
Financing Receivable, Impaired [Line Items]	'	'
Recorded Investment With No Related Allowance	420	1,010
Recorded Investment With Related Allowance	977	84
Total Recorded Investment	1,397	1,094
Unpaid Contractual Principal Balance	1,507	1,211
Related Allowance	$63	$82

Loans_Average_Recorded_Investm

Loans - Average Recorded Investment and Interest Income Recognized on Impaired Loans (Detail) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Average Recorded Investment	$174,782	$220,288	$183,617	$218,806
Interest Income Recognized	1,799	1,711	3,230	3,102
Commercial Real Estate Loans [Member]	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Average Recorded Investment	112,184	133,998	114,669	133,282
Interest Income Recognized	1,078	936	1,867	1,756
Consumer Loans [Member]	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Average Recorded Investment	1,427	1,174	1,253	1,194
Interest Income Recognized	29	14	42	26
Commercial and Industrial [Member]	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Average Recorded Investment	34,698	56,017	40,707	55,644
Interest Income Recognized	290	412	659	788
Commercial Real Estate [Member]	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Average Recorded Investment	93,123	114,066	95,321	113,735
Interest Income Recognized	924	866	1,569	1,617
Construction [Member]	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Average Recorded Investment	19,061	19,932	19,348	19,547
Interest Income Recognized	154	70	298	139
Residential Mortgage [Member]	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Average Recorded Investment	26,473	29,099	26,988	28,686
Interest Income Recognized	402	349	662	532
Home Equity [Member]	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Average Recorded Investment	1,427	1,174	1,253	1,194
Interest Income Recognized	$29	$14	$42	$26

Loans_PreModification_and_Post

Loans - Pre-Modification and Post-Modification Outstanding Recorded Investments (Detail) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
	Contract	Contract	Contract	Contract
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Number of Contracts	12	20	25	52
Pre-Modification Outstanding Recorded Investment	$5,072	$27,611	$32,519	$38,983
Post-Modification Outstanding Recorded Investment	5,041	27,459	30,934	36,882
Commercial and Industrial [Member]	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Number of Contracts	3	6	7	10
Pre-Modification Outstanding Recorded Investment	1,469	13,912	7,682	16,750
Post-Modification Outstanding Recorded Investment	1,469	13,881	7,056	15,232
Commercial Real Estate [Member]	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Number of Contracts	3	4	10	9
Pre-Modification Outstanding Recorded Investment	689	7,275	16,596	11,729
Post-Modification Outstanding Recorded Investment	710	7,266	15,641	11,727
Construction [Member]	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Number of Contracts	1	4	3	5
Pre-Modification Outstanding Recorded Investment	457	4,936	5,784	5,474
Post-Modification Outstanding Recorded Investment	457	4,979	5,782	5,510
Commercial Real Estate Loans [Member]	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Number of Contracts	4	8	13	14
Pre-Modification Outstanding Recorded Investment	1,146	12,211	22,380	17,203
Post-Modification Outstanding Recorded Investment	1,167	12,245	21,423	17,237
Residential Mortgage [Member]	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Number of Contracts	4	5	4	22
Pre-Modification Outstanding Recorded Investment	2,325	1,414	2,325	4,578
Post-Modification Outstanding Recorded Investment	2,273	1,259	2,323	4,016
Consumer [Member]	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Number of Contracts	1	1	1	6
Pre-Modification Outstanding Recorded Investment	132	74	132	452
Post-Modification Outstanding Recorded Investment	$132	$74	$132	$397

Loans_NonCovered_Loans_Modifie

Loans - Non-Covered Loans Modified as TDR (Detail) (Troubled Debt Restructurings Subsequently Defaulted [Member], USD $)	3 Months Ended	6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2014
	Contract	Contract
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Number of Contracts	1	5
Recorded Investment	$1,943	$7,883
Commercial and Industrial [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Number of Contracts	1	1
Recorded Investment	1,943	1,943
Commercial Real Estate [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Number of Contracts	0	3
Recorded Investment	0	5,866
Consumer [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Number of Contracts	0	1
Recorded Investment	$0	$74

Loans_Risk_Category_of_Loans_D

Loans - Risk Category of Loans (Detail) (Non-PCI Loans [Member], USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Total Non-PCI Loans	$7,015,161	$6,748,933
Commercial and Industrial [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Total Non-PCI Loans	1,910,990	1,820,136
Commercial Real Estate [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Total Non-PCI Loans	4,707,209	4,521,920
Construction [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Total Non-PCI Loans	396,962	406,877
Pass [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Total Non-PCI Loans	6,725,400	6,411,735
Pass [Member] | Commercial and Industrial [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Total Non-PCI Loans	1,804,464	1,689,613
Pass [Member] | Commercial Real Estate [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Total Non-PCI Loans	4,548,965	4,348,642
Pass [Member] | Construction [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Total Non-PCI Loans	371,971	373,480
Special Mention [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Total Non-PCI Loans	106,032	115,863
Special Mention [Member] | Commercial and Industrial [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Total Non-PCI Loans	51,218	56,007
Special Mention [Member] | Commercial Real Estate [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Total Non-PCI Loans	51,651	48,159
Special Mention [Member] | Construction [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Total Non-PCI Loans	3,163	11,697
Substandard [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Total Non-PCI Loans	178,626	215,340
Substandard [Member] | Commercial and Industrial [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Total Non-PCI Loans	55,308	74,501
Substandard [Member] | Commercial Real Estate [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Total Non-PCI Loans	106,593	125,119
Substandard [Member] | Construction [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Total Non-PCI Loans	16,725	15,720
Doubtful [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Total Non-PCI Loans	5,103	5,995
Doubtful [Member] | Commercial and Industrial [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Total Non-PCI Loans	'	15
Doubtful [Member] | Commercial Real Estate [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Total Non-PCI Loans	'	'
Doubtful [Member] | Construction [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Total Non-PCI Loans	$5,103	$5,980

Loans_Recorded_Investment_in_L

Loans - Recorded Investment in Loan Classes Based on Payment Activity (Detail) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Non-PCI Loans [Member]	'	'
Financing Receivable, Credit Quality Indicator [Line Items]	'	'
Total Loans	$4,122,662	$4,012,411
Non-PCI Loans [Member] | Residential Mortgage [Member]	'	'
Financing Receivable, Credit Quality Indicator [Line Items]	'	'
Total Loans	2,447,974	2,485,239
Non-PCI Loans [Member] | Home Equity [Member]	'	'
Financing Receivable, Credit Quality Indicator [Line Items]	'	'
Total Loans	400,303	410,875
Non-PCI Loans [Member] | Automobile Loans [Member]	'	'
Financing Receivable, Credit Quality Indicator [Line Items]	'	'
Total Loans	1,021,782	901,399
Non-PCI Loans [Member] | Other Consumer [Member]	'	'
Financing Receivable, Credit Quality Indicator [Line Items]	'	'
Total Loans	252,603	214,898
PCI Loans [Member]	'	'
Financing Receivable, Credit Quality Indicator [Line Items]	'	'
Total Loans	675,605	806,268
PCI Loans [Member] | Commercial and Industrial [Member]	'	'
Financing Receivable, Credit Quality Indicator [Line Items]	'	'
Total Loans	169,622	201,197
PCI Loans [Member] | Commercial Real Estate [Member]	'	'
Financing Receivable, Credit Quality Indicator [Line Items]	'	'
Total Loans	431,971	521,249
PCI Loans [Member] | Construction [Member]	'	'
Financing Receivable, Credit Quality Indicator [Line Items]	'	'
Total Loans	16,300	22,354
PCI Loans [Member] | Residential Mortgage [Member]	'	'
Financing Receivable, Credit Quality Indicator [Line Items]	'	'
Total Loans	20,990	22,349
PCI Loans [Member] | Consumer [Member]	'	'
Financing Receivable, Credit Quality Indicator [Line Items]	'	'
Total Loans	36,722	39,119
Performing Loans [Member] | Non-PCI Loans [Member]	'	'
Financing Receivable, Credit Quality Indicator [Line Items]	'	'
Total Loans	4,101,366	3,990,427
Performing Loans [Member] | Non-PCI Loans [Member] | Residential Mortgage [Member]	'	'
Financing Receivable, Credit Quality Indicator [Line Items]	'	'
Total Loans	2,428,784	2,465,290
Performing Loans [Member] | Non-PCI Loans [Member] | Home Equity [Member]	'	'
Financing Receivable, Credit Quality Indicator [Line Items]	'	'
Total Loans	398,318	409,009
Performing Loans [Member] | Non-PCI Loans [Member] | Automobile Loans [Member]	'	'
Financing Receivable, Credit Quality Indicator [Line Items]	'	'
Total Loans	1,021,661	901,230
Performing Loans [Member] | Non-PCI Loans [Member] | Other Consumer [Member]	'	'
Financing Receivable, Credit Quality Indicator [Line Items]	'	'
Total Loans	252,603	214,898
Performing Loans [Member] | PCI Loans [Member]	'	'
Financing Receivable, Credit Quality Indicator [Line Items]	'	'
Total Loans	648,143	759,521
Performing Loans [Member] | PCI Loans [Member] | Commercial and Industrial [Member]	'	'
Financing Receivable, Credit Quality Indicator [Line Items]	'	'
Total Loans	156,369	185,185
Performing Loans [Member] | PCI Loans [Member] | Commercial Real Estate [Member]	'	'
Financing Receivable, Credit Quality Indicator [Line Items]	'	'
Total Loans	418,655	498,184
Performing Loans [Member] | PCI Loans [Member] | Construction [Member]	'	'
Financing Receivable, Credit Quality Indicator [Line Items]	'	'
Total Loans	16,300	16,791
Performing Loans [Member] | PCI Loans [Member] | Residential Mortgage [Member]	'	'
Financing Receivable, Credit Quality Indicator [Line Items]	'	'
Total Loans	20,467	21,381
Performing Loans [Member] | PCI Loans [Member] | Consumer [Member]	'	'
Financing Receivable, Credit Quality Indicator [Line Items]	'	'
Total Loans	36,352	37,980
Non-Performing Loans [Member] | Non-PCI Loans [Member]	'	'
Financing Receivable, Credit Quality Indicator [Line Items]	'	'
Total Loans	21,296	21,984
Non-Performing Loans [Member] | Non-PCI Loans [Member] | Residential Mortgage [Member]	'	'
Financing Receivable, Credit Quality Indicator [Line Items]	'	'
Total Loans	19,190	19,949
Non-Performing Loans [Member] | Non-PCI Loans [Member] | Home Equity [Member]	'	'
Financing Receivable, Credit Quality Indicator [Line Items]	'	'
Total Loans	1,985	1,866
Non-Performing Loans [Member] | Non-PCI Loans [Member] | Automobile Loans [Member]	'	'
Financing Receivable, Credit Quality Indicator [Line Items]	'	'
Total Loans	121	169
Non-Performing Loans [Member] | Non-PCI Loans [Member] | Other Consumer [Member]	'	'
Financing Receivable, Credit Quality Indicator [Line Items]	'	'
Total Loans	'	0
Non-Performing Loans [Member] | PCI Loans [Member]	'	'
Financing Receivable, Credit Quality Indicator [Line Items]	'	'
Total Loans	27,462	46,747
Non-Performing Loans [Member] | PCI Loans [Member] | Commercial and Industrial [Member]	'	'
Financing Receivable, Credit Quality Indicator [Line Items]	'	'
Total Loans	13,253	16,012
Non-Performing Loans [Member] | PCI Loans [Member] | Commercial Real Estate [Member]	'	'
Financing Receivable, Credit Quality Indicator [Line Items]	'	'
Total Loans	13,316	23,065
Non-Performing Loans [Member] | PCI Loans [Member] | Construction [Member]	'	'
Financing Receivable, Credit Quality Indicator [Line Items]	'	'
Total Loans	0	5,563
Non-Performing Loans [Member] | PCI Loans [Member] | Residential Mortgage [Member]	'	'
Financing Receivable, Credit Quality Indicator [Line Items]	'	'
Total Loans	523	968
Non-Performing Loans [Member] | PCI Loans [Member] | Consumer [Member]	'	'
Financing Receivable, Credit Quality Indicator [Line Items]	'	'
Total Loans	$370	$1,139

Allowance_for_Credit_Losses_Su

Allowance for Credit Losses - Summary of Allowance for Credit Losses (Detail) (USD $)	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Receivables [Abstract]	'	'	'	'	'	'
Allowance for non-covered loans	$101,942	'	$106,547	'	'	'
Allowance for covered loans	1,111	'	7,070	'	'	'
Total allowance for loan losses	103,053	106,709	113,617	117,444	121,844	130,200
Allowance for unfunded letters of credit	2,544	'	3,495	'	'	'
Total allowance for credit losses	$105,597	'	$117,112	'	'	'

Allowance_for_Credit_Losses_Su1

Allowance for Credit Losses - Summary of Provision for Credit Losses (Detail) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Banking and Thrift, Interest [Abstract]	'	'	'	'
Provision for non-covered loans	$0	$2,746	$4,949	$6,456
Provision for covered loans	-5,671	-110	-5,671	-2,276
Total provision for loan losses	-5,671	2,636	-722	4,180
Provision for unfunded letters of credit	0	-84	-951	141
Total provision for credit losses	($5,671)	$2,552	($1,673)	$4,321

Allowance_for_Credit_Losses_Su2

Allowance for Credit Losses - Summary of Activity in Allowance for Loan Losses (Detail) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'	'	'
Beginning balance	$106,709	$121,844	$113,617	$130,200
Loans charged-off	-4,751	-8,356	-18,990	-20,075
Charged-off loans recovered	6,766	1,320	9,148	3,139
Net (charge-offs) recoveries	2,015	-7,036	-9,842	-16,936
Provision for loan losses	-5,671	2,636	-722	4,180
Ending balance	103,053	117,444	103,053	117,444
Commercial and Industrial [Member]	'	'	'	'
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'	'	'
Beginning balance	49,932	55,732	51,551	64,370
Loans charged-off	-1,340	-1,441	-9,954	-8,766
Charged-off loans recovered	4,420	602	4,964	1,940
Net (charge-offs) recoveries	3,080	-839	-4,990	-6,826
Provision for loan losses	-4,591	-1,161	1,860	-3,812
Ending balance	48,421	53,732	48,421	53,732
Commercial Real Estate [Member]	'	'	'	'
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'	'	'
Beginning balance	38,382	44,195	42,343	44,069
Loans charged-off	-2,032	-4,389	-6,522	-6,382
Charged-off loans recovered	1,468	50	2,805	65
Net (charge-offs) recoveries	-564	-4,339	-3,717	-6,317
Provision for loan losses	-2,551	3,323	-3,359	5,427
Ending balance	35,267	43,179	35,267	43,179
Residential Mortgage [Member]	'	'	'	'
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'	'	'
Beginning balance	6,979	9,331	7,786	9,423
Loans charged-off	-212	-1,666	-275	-2,558
Charged-off loans recovered	157	68	236	138
Net (charge-offs) recoveries	-55	-1,598	-39	-2,420
Provision for loan losses	94	788	-729	1,518
Ending balance	7,018	8,521	7,018	8,521
Consumer [Member]	'	'	'	'
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'	'	'
Beginning balance	4,107	5,460	4,359	5,542
Loans charged-off	-1,167	-860	-2,239	-2,369
Charged-off loans recovered	721	600	1,143	996
Net (charge-offs) recoveries	-446	-260	-1,096	-1,373
Provision for loan losses	1,707	-116	2,105	915
Ending balance	5,368	5,084	5,368	5,084
Unallocated [Member]	'	'	'	'
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'	'	'
Beginning balance	7,309	7,126	7,578	6,796
Loans charged-off	0	0	0	0
Charged-off loans recovered	0	0	0	0
Net (charge-offs) recoveries	0	0	0	0
Provision for loan losses	-330	-198	-599	132
Ending balance	$6,979	$6,928	$6,979	$6,928

Allowance_for_Credit_Losses_Su3

Allowance for Credit Losses - Summary of Activity in Allowance for Loan Losses (Parenthetical) (Detail) (Details) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'	'	'
Covered loans charge-offs	$749	'	$749	$146
Covered loans recovered	462	'	462	'
Loans charged-off	4,751	8,356	18,990	20,075
Commercial and Industrial [Member]	'	'	'	'
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'	'	'
Loans charged-off	1,340	1,441	9,954	8,766
Commercial Real Estate [Member]	'	'	'	'
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'	'	'
Loans charged-off	2,032	4,389	6,522	6,382
Non-Performing Loans [Member] | Commercial and Industrial [Member]	'	'	'	'
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'	'	'
Loans charged-off	4,800	'	'	'
Non-Performing Loans [Member] | Commercial Real Estate [Member]	'	'	'	'
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'	'	'
Loans charged-off	$3,500	'	'	'

Allowance_for_Credit_Losses_Su4

Allowance for Credit Losses - Summary of Allocation of Allowance for Loan Losses and Related Loans by Loan Portfolio Segment Disaggregated Based on Impairment Methodology (Detail) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Allowance for Loan Losses [Member]	'	'
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'
Individually evaluated for impairment	$15,810	$23,525
Collectively evaluated for impairment	86,132	83,022
Loans acquired with discounts related to credit quality	1,111	7,070
Total	103,053	113,617
Loans [Member]	'	'
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'
Individually evaluated for impairment	166,830	191,348
Collectively evaluated for impairment	10,970,993	10,569,996
Loans acquired with discounts related to credit quality	675,605	806,268
Total	11,813,428	11,567,612
Commercial and Industrial [Member] | Allowance for Loan Losses [Member]	'	'
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'
Individually evaluated for impairment	5,586	11,032
Collectively evaluated for impairment	41,753	40,007
Loans acquired with discounts related to credit quality	1,082	512
Total	48,421	51,551
Commercial and Industrial [Member] | Loans [Member]	'	'
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'
Individually evaluated for impairment	31,914	47,303
Collectively evaluated for impairment	1,879,076	1,772,833
Loans acquired with discounts related to credit quality	169,622	201,197
Total	2,080,612	2,021,333
Commercial Real Estate [Member] | Allowance for Loan Losses [Member]	'	'
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'
Individually evaluated for impairment	6,622	8,676
Collectively evaluated for impairment	28,645	27,235
Loans acquired with discounts related to credit quality	0	6,432
Total	35,267	42,343
Commercial Real Estate [Member] | Loans [Member]	'	'
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'
Individually evaluated for impairment	107,193	114,638
Collectively evaluated for impairment	4,996,978	4,814,159
Loans acquired with discounts related to credit quality	448,271	543,603
Total	5,552,442	5,472,400
Residential Mortgage [Member] | Allowance for Loan Losses [Member]	'	'
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'
Individually evaluated for impairment	3,539	3,735
Collectively evaluated for impairment	3,450	3,928
Loans acquired with discounts related to credit quality	29	123
Total	7,018	7,786
Residential Mortgage [Member] | Loans [Member]	'	'
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'
Individually evaluated for impairment	26,326	28,313
Collectively evaluated for impairment	2,421,648	2,456,926
Loans acquired with discounts related to credit quality	20,990	22,349
Total	2,468,964	2,507,588
Consumer [Member] | Allowance for Loan Losses [Member]	'	'
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'
Individually evaluated for impairment	63	82
Collectively evaluated for impairment	5,305	4,274
Loans acquired with discounts related to credit quality	0	3
Total	5,368	4,359
Consumer [Member] | Loans [Member]	'	'
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'
Individually evaluated for impairment	1,397	1,094
Collectively evaluated for impairment	1,673,291	1,526,078
Loans acquired with discounts related to credit quality	36,722	39,119
Total	1,711,410	1,566,291
Unallocated [Member] | Allowance for Loan Losses [Member]	'	'
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	6,979	7,578
Loans acquired with discounts related to credit quality	0	0
Total	6,979	7,578
Unallocated [Member] | Loans [Member]	'	'
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	0	0
Loans acquired with discounts related to credit quality	0	0
Total	$0	$0

Goodwill_and_Other_Intangible_2

Goodwill and Other Intangible Assets - Additional Information (Detail) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013
Finite-Lived Intangible Assets [Line Items]	'	'	'	'	'
Goodwill	$428,234,000	'	$428,234,000	'	$428,234,000
Goodwill impairment	'	'	0	0	'
Net recoveries of impairment charges on its loan servicing rights	42,000	759,000	142,000	2,100,000	'
Total amortization expense - other intangible assets	2,300,000	1,900,000	4,700,000	3,500,000	'
Core Deposits [Member]	'	'	'	'	'
Finite-Lived Intangible Assets [Line Items]	'	'	'	'	'
Weighted average amortization period, years	'	'	'11 years	'	'
Other [Member]	'	'	'	'	'
Finite-Lived Intangible Assets [Line Items]	'	'	'	'	'
Weighted average amortization period, years	'	'	'18 years	'	'
Core Deposits and Other [Member]	'	'	'	'	'
Finite-Lived Intangible Assets [Line Items]	'	'	'	'	'
Impairment of core deposits and intangibles	$0	$0	$0	$0	'

Goodwill_and_Other_Intangible_3

Goodwill and Other Intangible Assets - Other Intangible Assets (Detail) (USD $)	6 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
Finite-Lived Intangible Assets [Line Items]	'	'
Gross Intangible Assets	$111,577	$112,172
Accumulated Amortization	-79,080	-75,538
Valuation Allowance	-362	-504
Net Intangible Assets	32,135	36,130
Loan Servicing Rights [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Gross Intangible Assets	71,791	71,100
Accumulated Amortization	-48,337	-45,032
Valuation Allowance	-362	-504
Net Intangible Assets	23,092	25,564
Core Deposits [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Gross Intangible Assets	35,194	35,194
Accumulated Amortization	-28,524	-27,238
Valuation Allowance	0	0
Net Intangible Assets	6,670	7,956
Other [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Gross Intangible Assets	4,592	5,878
Accumulated Amortization	-2,219	-3,268
Valuation Allowance	0	0
Net Intangible Assets	$2,373	$2,610

Goodwill_and_Other_Intangible_4

Goodwill and Other Intangible Assets - Estimated Future Amortization Expense (Detail) (USD $)	Jun. 30, 2014
In Thousands, unless otherwise specified
Loan Servicing Rights [Member]	'
Finite-Lived Intangible Assets [Line Items]	'
2014	$3,330
2015	5,281
2016	4,089
2017	3,184
2018	2,416
Core Deposits [Member]	'
Finite-Lived Intangible Assets [Line Items]	'
2014	1,072
2015	1,758
2016	1,195
2017	815
2018	610
Other [Member]	'
Finite-Lived Intangible Assets [Line Items]	'
2014	229
2015	434
2016	233
2017	220
2018	$193

Benefit_Plans_Additional_Infor

Benefit Plans - Additional Information (Detail) (USD $)	3 Months Ended	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2014	Dec. 31, 2013
Compensation and Retirement Disclosure [Abstract]	'	'	'
Increase in fair value of qualified plan assets	'	$7,200,000	'
Increased percent in fair value of qualified plan assets	'	3.90%	'
Fair value of plan assets	192,100,000	192,100,000	184,900,000
Contributions to qualified plan	0	'	'
Decrease in total net periodic pension expense	$1,400,000	$2,900,000	'
Percentage increase in contribution	'	6.00%	'

Benefit_Plans_Components_of_Ne

Benefit Plans - Components of Net Periodic Pension Expense Related to Qualified and Non-Qualified Plans (Detail) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Compensation and Retirement Disclosure [Abstract]	'	'	'	'
Service cost	$0	$2,056	$0	$4,043
Interest cost	1,732	1,708	3,463	3,365
Expected return on plan assets	-3,243	-3,183	-6,485	-5,742
Amortization of prior service cost	0	241	0	443
Amortization of actuarial loss	62	811	124	1,605
Curtailment loss	0	750	0	750
Total net periodic pension expense	($1,449)	$2,383	($2,898)	$4,464

StockBased_Compensation_Additi

Stock-Based Compensation - Additional Information (Detail) (USD $)

6 Months Ended

3 Months Ended

6 Months Ended

3 Months Ended

6 Months Ended

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Stock Options and Restricted Stock [Member]

Employee Stock Incentive Plan [Member]

Employee Stock Incentive Plan [Member]

Employee Stock Incentive Plan [Member]

Employee Stock Incentive Plan [Member]

Employee Stock Incentive Plan [Member]

Employee Stock Incentive Plan [Member]

Employee Stock Incentive Plan [Member]

Employee Stock Incentive Plan [Member]

Employee Stock Incentive Plan [Member]

Performance Shares [Member]

Performance Shares [Member]

Performance Shares [Member]

Performance Shares [Member]

Stock Options and Restricted Stock [Member]

Stock Options and Restricted Stock [Member]

Stock Options and Restricted Stock [Member]

Growth in Tangible Book Value per Share Plus Dividends [Member]

Total Shareholder Return as Compared to Our Peer Group [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

Incentive stock option's maximum term, years

'

'

'

'

'

'

'3 years

'

'

'

'

'

Number of shares, awarded during the period

'

'

'

681,000

471,000

'

240,000

'

'

'

'

441,000

Award vesting rights as a percentage

'

'

33.33%

'

'

'

'

75.00%

25.00%

'

'

'

Average grant date fair value

'

'

'

'

'

$9.60

'

'

'

$9.10

'

'

Number of shares, available for grant

'

'

'

4,200,000

'

'

'

'

'

'

'

'

Stock-based compensation expense

$3,845,000

$3,327,000

'

'

'

'

'

'

'

$1,600,000

$1,400,000

$3,800,000

Stock-based compensation amortization expense unrecognized

$11,700,000

'

'

'

'

'

'

'

'

'

'

'

Average remaining vesting, years

'3 years

'

'

'

'

'

'

'

'

'

'

'

Guarantees_Additional_Informat

Guarantees - Additional Information (Detail) (USD $)	Jun. 30, 2014
Guarantor Obligations [Line Items]	'
Guarantor obligations, standby letters of credit	$216,500,000
Liability related to standby letters of credit	698,000
Secured [Member]	'
Guarantor Obligations [Line Items]	'
Guarantor obligations, standby letters of credit	$133,100,000
Percent of secured letters of credit	61.50%

Derivative_Instruments_and_Hed2

Derivative Instruments and Hedging Activities - Additional Information (Detail) (USD $)	3 Months Ended	6 Months Ended
	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013
Derivative [Line Items]	'	'	'	'
Derivative instruments not designated as hedging instruments, liability	'	$25,000,000	'	'
Aggregate fair value of net liability position	'	7,100,000	'	'
Collateral posted with counterparties	'	28,800,000	'	'
Interest Rate Swaps [Member]	'	'	'	'
Derivative [Line Items]	'	'	'	'
Accumulated net after-tax losses related to effective cash flow hedges	'	12,900,000	'	6,300,000
Estimated amount of interest rate derivatives to be reclassified to interest expense	'	8,300,000	'	'
Recognized a net reduction to interest expense	$145,000	$100,000	$287,000	'

Derivative_Instruments_and_Hed3

Derivative Instruments and Hedging Activities - Consolidated Statements of Financial Condition Related to Fair Value of Derivative Financial Instruments (Detail) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Derivatives Designated as Hedging Instruments [Member]	'	'
Derivative [Line Items]	'	'
Notional Amount, Fair Value	$1,140,500	$1,191,591
Derivatives Designated as Hedging Instruments [Member] | Cash Flow Hedge Interest Rate Caps and Swaps [Member]	'	'
Derivative [Line Items]	'	'
Notional Amount, Fair Value	1,007,000	1,007,000
Derivatives Designated as Hedging Instruments [Member] | Fair Value Hedge Interest Rate Swaps [Member]	'	'
Derivative [Line Items]	'	'
Notional Amount, Fair Value	133,500	184,591
Derivatives Not Designated as Hedging Instrument [Member]	'	'
Derivative [Line Items]	'	'
Notional Amount, Fair Value	389,197	306,616
Derivatives Not Designated as Hedging Instrument [Member] | Interest Rate Swaps [Member]	'	'
Derivative [Line Items]	'	'
Notional Amount, Fair Value	373,745	259,832
Derivatives Not Designated as Hedging Instrument [Member] | Mortgage Banking Derivatives [Member]	'	'
Derivative [Line Items]	'	'
Notional Amount, Fair Value	15,452	46,784
Other Assets [Member] | Derivatives Designated as Hedging Instruments [Member]	'	'
Derivative [Line Items]	'	'
Asset Derivatives, Fair Value	6,357	9,982
Other Assets [Member] | Derivatives Designated as Hedging Instruments [Member] | Cash Flow Hedge Interest Rate Caps and Swaps [Member]	'	'
Derivative [Line Items]	'	'
Asset Derivatives, Fair Value	3,647	9,883
Other Assets [Member] | Derivatives Designated as Hedging Instruments [Member] | Fair Value Hedge Interest Rate Swaps [Member]	'	'
Derivative [Line Items]	'	'
Asset Derivatives, Fair Value	2,710	99
Other Assets [Member] | Derivatives Not Designated as Hedging Instrument [Member]	'	'
Derivative [Line Items]	'	'
Asset Derivatives, Fair Value	8,142	5,140
Other Assets [Member] | Derivatives Not Designated as Hedging Instrument [Member] | Interest Rate Swaps [Member]	'	'
Derivative [Line Items]	'	'
Asset Derivatives, Fair Value	8,114	4,823
Other Assets [Member] | Derivatives Not Designated as Hedging Instrument [Member] | Mortgage Banking Derivatives [Member]	'	'
Derivative [Line Items]	'	'
Asset Derivatives, Fair Value	28	317
Other Liabilities [Member] | Derivatives Designated as Hedging Instruments [Member]	'	'
Derivative [Line Items]	'	'
Liability Derivatives, Fair Value	18,477	15,616
Other Liabilities [Member] | Derivatives Designated as Hedging Instruments [Member] | Cash Flow Hedge Interest Rate Caps and Swaps [Member]	'	'
Derivative [Line Items]	'	'
Liability Derivatives, Fair Value	16,935	10,925
Other Liabilities [Member] | Derivatives Designated as Hedging Instruments [Member] | Fair Value Hedge Interest Rate Swaps [Member]	'	'
Derivative [Line Items]	'	'
Liability Derivatives, Fair Value	1,542	4,691
Other Liabilities [Member] | Derivatives Not Designated as Hedging Instrument [Member]	'	'
Derivative [Line Items]	'	'
Liability Derivatives, Fair Value	8,189	4,970
Other Liabilities [Member] | Derivatives Not Designated as Hedging Instrument [Member] | Interest Rate Swaps [Member]	'	'
Derivative [Line Items]	'	'
Liability Derivatives, Fair Value	8,105	4,823
Other Liabilities [Member] | Derivatives Not Designated as Hedging Instrument [Member] | Mortgage Banking Derivatives [Member]	'	'
Derivative [Line Items]	'	'
Liability Derivatives, Fair Value	$84	$147

Derivative_Instruments_and_Hed4

Derivative Instruments and Hedging Activities - Losses Related to Interest Rate Derivatives Designated as Hedges of Cash Flows (Detail) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Amounts Related To Interest Rate Derivatives Included In Income Designated As Hedges Of Cash Flows [Line Items]	'	'	'	'
Amount of loss reclassified from accumulated other comprehensive loss to interest expense	($39,745)	($42,483)	($78,759)	($85,480)
Amount of loss recognized in other comprehensive income	-8,368	3,508	-14,666	3,375
Reclassification Out of Accumulated Other Comprehensive Income (Loss) [Member]	'	'	'	'
Amounts Related To Interest Rate Derivatives Included In Income Designated As Hedges Of Cash Flows [Line Items]	'	'	'	'
Amount of loss reclassified from accumulated other comprehensive loss to interest expense	($1,664)	($1,714)	($3,312)	($3,594)

Derivative_Instruments_and_Hed5

Derivative Instruments and Hedging Activities - Gains (Losses) Related to Interest Rate Derivatives Designated as Hedges of Fair Value (Detail) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Gain Loss On Fair Value Hedges Recognized In Earnings [Line Items]	'	'	'	'
Interest income	$136,338	$133,966	$267,417	$266,965
Interest expense	39,745	42,483	78,759	85,480
Designated as Fair Value Hedge [Member] | Derivative Interest Rate Swaps [Member]	'	'	'	'
Gain Loss On Fair Value Hedges Recognized In Earnings [Line Items]	'	'	'	'
Interest income	-49	425	-73	522
Interest expense	2,856	-134	5,832	-274
Designated as Fair Value Hedge [Member] | Derivatives Designated as Hedging Instruments [Member]	'	'	'	'
Gain Loss On Fair Value Hedges Recognized In Earnings [Line Items]	'	'	'	'
Interest income	49	-425	73	-522
Interest expense	($2,859)	$136	($5,800)	$279

Derivative_Instruments_and_Hed6

Derivative Instruments and Hedging Activities - (Losses) Gains Related to Derivative Instruments Not Designated as Hedging Instruments (Detail) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Non-designated hedge interest rate derivatives	'	'	'	'
Other non-interest expense	($43)	$1,461	($216)	$1,090

Balance_Sheet_Offsetting_Gross

Balance Sheet Offsetting - Gross Presentation Effects of Offsetting and Net Presentation of Valley's Financial Instruments (Detail) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Derivatives And Hedging Activities [Line Items]	'	'
Gross Amounts Recognized, Total	$546,582	$540,439
Gross Amounts Offset, Total	0	0
Net Amounts Presented, Total	546,582	540,439
Net Amount, Total	0	0
Interest Rate Caps and Swaps, Assets [Member]	'	'
Derivatives And Hedging Activities [Line Items]	'	'
Gross Amounts Recognized, Assets	13,465	14,805
Gross Amounts Offset, Assets	0	0
Net Amounts Presented, Assets	13,465	14,805
Gross Amounts Not Offset, Assets	6,868	6,521
Interest Rate Caps and Swaps, Liabilities [Member]	'	'
Derivatives And Hedging Activities [Line Items]	'	'
Net Amount, Total	0	0
Gross Amounts Recognized, Liabilities	26,582	20,439
Gross Amounts Offset, Liabilities	0	0
Net Amounts Presented, Liabilities	26,582	20,439
Repurchase Agreements [Member]	'	'
Derivatives And Hedging Activities [Line Items]	'	'
Gross Amounts Recognized, Liabilities	520,000	520,000
Gross Amounts Offset, Liabilities	0	0
Net Amounts Presented, Liabilities	520,000	520,000
Net Amount, Liabilities	0	0
Financial Instruments [Member]	'	'
Derivatives And Hedging Activities [Line Items]	'	'
Gross Amounts Not Offset, Total	-6,597	-8,284
Financial Instruments [Member] | Interest Rate Caps and Swaps, Assets [Member]	'	'
Derivatives And Hedging Activities [Line Items]	'	'
Gross Amounts Not Offset, Assets	-6,597	-8,284
Financial Instruments [Member] | Interest Rate Caps and Swaps, Liabilities [Member]	'	'
Derivatives And Hedging Activities [Line Items]	'	'
Gross Amounts Not Offset, Liabilities	-6,597	-8,284
Financial Instruments [Member] | Repurchase Agreements [Member]	'	'
Derivatives And Hedging Activities [Line Items]	'	'
Gross Amounts Not Offset, Liabilities	'	'
Cash Collateral [Member]	'	'
Derivatives And Hedging Activities [Line Items]	'	'
Gross Amounts Not Offset, Total	539,985	532,155
Cash Collateral [Member] | Interest Rate Caps and Swaps, Assets [Member]	'	'
Derivatives And Hedging Activities [Line Items]	'	'
Gross Amounts Not Offset, Assets	0	'
Cash Collateral [Member] | Interest Rate Caps and Swaps, Liabilities [Member]	'	'
Derivatives And Hedging Activities [Line Items]	'	'
Gross Amounts Not Offset, Liabilities	-19,985	-12,155
Cash Collateral [Member] | Repurchase Agreements [Member]	'	'
Derivatives And Hedging Activities [Line Items]	'	'
Gross Amounts Not Offset, Liabilities	($520,000)	($520,000)

Income_Taxes_Details

Income Taxes (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014
Income Tax Disclosure [Abstract]	'
Reduction in its reserve for unrecognized tax benefits primarily due to an income tax audit resolution	$8.30