SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
---------------------
FORM 10-K/A-1
(Mark One)
[ ] ANNUAL REPORT PURSUANT TO SECTION 13 or 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934 (FEE REQUIRED)
For the fiscal year ended December 31, 1995
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934 (NO FEE REQUIRED)
For the transition period from to
Commission File Number 0-11179
---------------------------
VALLEY NATIONAL BANCORP
(Exact name of registrant as specified in its charter)
New Jersey 22-2477875
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
1455 Valley Road
Wayne, New Jersey 07474
(Address of principal executive office) (Zip Code)
201-305-8800
(Registrant's telephone number, including area code)
Securities registered pursuant to Section 12(b) of the Act: None
Securities registered pursuant to Section 12(g) of the Act:
Title of each class Name of each exchange on which registered
Common Stock, no par value New York Stock Exchange, Inc.
Indicate by check mark whether the Registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act
of 1934 during the preceding 12 months (or such shorter period that the
Registrant was required to file such reports), and (2) has been subject to
such filing requirements for the past 90 days.
Yes X No
Indicate by check mark if disclosure of delinquent filers pursuant to Item
405 of Regulation S-K is not contained herein, and will not be contained, to
the best of Registrant's knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this Form 10-K or any
amendment to this Form 10-K. [ ]
The aggregate market value of the voting stock held by non-affiliates of the
Registrant was approximately $831,051,000 on January 31, 1996.
There were 35,713,374 shares of Common Stock outstanding at January 31, 1996.
INTRODUCTION
This Form 10-K/A-1 amends the Company's Annual Report on Form 10-K filed on
February 29, 1996 and previously amended on March 13, 1996. This amendment
includes the Independent Auditors' Report and Consent of Radics & Co., LLC as
required by Item 8 and Item 14(c) of Form 10-K.
Item 8. Financial Statements and Supplementary Data
Independent Auditors' Report.
To The Board of Directors and Stockholders
Lakeland First Financial Group, Inc.
We have audited the consolidated statement of income of Lakeland First
Financial Group, Inc. for the year ended June 30, 1994. This consolidated
financial statement is the responsibility of the Corporation's management.
Our responsibility is to express an opinion on this consolidated financial
statement based on our audit.
We conducted our audit in accordance with generally accepted auditing
standards. Those standards require that we plan and perform the audit to
obtain reasonable assurance about whether the consolidated financial statement
is free of material misstatement. An audit includes examining, on a test
basis, evidence supporting the amounts and disclosures in the financial
statement. An audit also includes assessing the accounting principles used
and significant estimates made by management, as well as evaluating the
overall financial statement presentation. We believe that our audit provides
a reasonable basis for our opinion.
In our opinion, the consolidated financial statement referred to above
presents fairly, in all material respects, the results of operations of
Lakeland First Financial Group, Inc. for the year ended June 30, 1994, in
conformity with generally accepted accounting principles.
RADICS & CO., LLC
/s/ Radics & Co., LLC
July 22, 1994
Item 14. Exhibits, Financial Statement Schedules and Reports on
Form 8-K
(c) Exhibits
(23) Consents of Experts and Counsel
Consent of Radics & Co., LLC
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
VALLEY NATIONAL BANCORP
Dated: February 20, 1997 By: /s/ Alan D. Eskow
Alan D. Eskow
Senior Vice President and
Principal Accounting Officer
INDEX TO EXHIBITS
Exhibit No. Description
23 Consent of Radics & Co., LLC
Exhibit 23
INDEPENDENT AUDITORS' CONSENT
The Board of Directors
Valley National Bancorp:
We consent to incorporation by reference in the Registration Statements
No. 33-52809 and No. 33-56933 on Forms S-8 and the Registration Statement
No. 33-36585 on Form S-3 of Valley National Bancorp of our report dated
July 22, 1994, relating to the consolidated statement of income of Lakeland
First Financial Group, Inc. for the year ended June 30, 1994, which report
appears in the amended December 31, 1995 Annual Report on Form 10-K of Valley
National Bancorp.
RADICS & CO., LLC
/s/ Radics & Co., LLC
Pine Brook, New Jersey
February 20, 1997
