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Fair Value of Financial Instruments (Tables)
9 Months Ended
Sep. 30, 2013
Fair Value Disclosures [Abstract]  
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]
The table below presents the financial instrument's fair value and the amounts within the fair value hierarchy based on the lowest level of input that is significant to the fair value measurement:
Fair Value of Assets and Liabilities Measured on a Recurring and Nonrecurring Basis
 
 
 
Fair Value Measurements at Reporting Date Using:
 
Fair Value
 
Quoted Prices
In Active Markets for Identical Assets
(Level 1)
 
Significant Other
Observable Inputs
(Level 2)
 
Significant Unobservable Inputs
(Level 3)
Fair Value of Assets and Liabilities Measured on a Recurring Basis:
 
 
 
 
 
 
 
September 30, 2013
 
 
 
 
 
 
 
Securities Available-for Sale:
 
 
 
 
 
 
 
U.S. Agency Obligations
$
149,774

 
$

 
$
149,774

 
$

State and Municipal Obligations
133,919

 

 
133,919

 

Mortgage-Backed Securities - Residential
185,215

 

 
185,215

 

Corporate and Other Debt Securities
16,798

 

 
16,798

 

Mutual Funds and Equity Securities
1,182

 

 
1,182

 

  Total Securities Available-for-Sale
$
486,888

 
$

 
$
486,888

 
$

December 31, 2012
 
 
 
 
 
 
 
Securities Available-for Sale:
 
 
 
 
 
 
 
U.S. Agency Obligations
$
122,457

 
$

 
$
122,457

 
$

State and Municipal Obligations
84,838

 

 
84,838

 

Mortgage-Backed Securities - Residential
261,804

 

 
261,804

 

Corporate and Other Debt Securities
8,451

 

 
8,451

 

Mutual Funds and Equity Securities
1,148

 

 
1,148

 

Total Securities Available-for Sale
$
478,698

 
$

 
$
478,698

 
$

September 30, 2012
 
 
 
 
 
 
 
Securities Available-for Sale:
 
 
 
 
 
 
 
U.S. Agency Obligations
$
56,391

 
$

 
$
56,391

 
$

State and Municipal Obligations
62,965

 

 
62,965

 

Mortgage-Backed Securities - Residential
304,085

 

 
304,085

 

Corporate and Other Debt Securities
800

 

 
800

 

Mutual Funds and Equity Securities
1,175

 

 
1,175

 

Total Securities Available-for Sale
$
425,416

 
$

 
$
425,416

 
$

 
 
 
 
 
 
 
 
Fair Value of Assets and Liabilities Measured on a Nonrecurring Basis:
 
 
 
 
 
 
 
September 30, 2013
 
 
 
 
 
 
 
Collateral Dependent Impaired Loans
$

 
$

 
$

 
$

Other Real Estate Owned and Repossessed Assets, Net
$
499

 
$

 
$

 
$
499

December 31, 2012

 
 
 
 
 
 
Collateral Dependent Impaired Loans
$
1,020

 
$

 
$

 
$
1,020

Other Real Estate Owned and Repossessed Assets, Net
$
1,034

 
$

 
$

 
$
1,034

September 30, 2012

 
 
 
 
 
 
Collateral Dependent Impaired Loans
$
486

 
$

 
$

 
$
486

Other Real Estate Owned and Repossessed Assets, Net
$
834

 
$

 
$

 
$
834

Fair Value, by Balance Sheet Grouping [Table Text Block]
The following table presents a summary of the carrying amount, the fair value or an amount approximating fair value and the fair value hierarchy of Arrows financial instruments:

Schedule of Fair Values by Balance Sheet Grouping
 
 
 
 
 
Fair Value Hierarchy
 
Carrying
Amount
 
Fair
Value
 
Level 1
 
Level 2
 
Level 3
September 30, 2013
 
 
 
 
 
 
 
 
 
Cash and Cash Equivalents
$
72,052

 
$
72,052

 
$
72,052

 
$

 
$

Securities Available-for-Sale
486,888

 
486,888

 

 
486,888

 

Securities Held-to-Maturity
273,626

 
278,390

 

 
278,390

 

Federal Home Loan Bank and Federal Reserve Bank Stock
3,896

 
3,896

 
3,896

 

 

Net Loans
1,228,786

 
1,246,005

 

 

 
1,246,005

Accrued Interest Receivable
6,614

 
6,614

 
6,614

 

 

Deposits
1,895,375

 
1,891,086

 
1,635,549

 
255,537

 

Federal Funds Purchased and Securities Sold Under Agreements to Repurchase
15,977

 
15,977

 
15,977

 

 

Federal Home Loan Bank Term Advances
20,000

 
20,823

 

 
20,823

 

Junior Subordinated Obligations Issued
  to Unconsolidated Subsidiary Trusts
20,000

 
20,000

 

 
20,000

 

Accrued Interest Payable
472

 
472

 
472

 

 

 
 
 
 
 
 
 
 
 
 
December 31, 2012
 
 
 
 
 
 
 
 
 
Cash and Cash Equivalents
$
48,832

 
$
48,832

 
$
48,832

 
$

 
$

Securities Available-for-Sale
478,698

 
478,698

 

 
478,698

 

Securities Held-to-Maturity
239,803

 
248,252

 

 
248,252

 

Federal Home Loan Bank and Federal Reserve Bank Stock
5,792

 
5,792

 
5,792

 

 

Net Loans
1,157,043

 
1,192,628

 

 

 
1,192,628

Accrued Interest Receivable
5,486

 
5,486

 
5,486

 

 

Deposits
1,731,155

 
1,732,894

 
1,447,882

 
285,012

 

Federal Funds Purchased and Securities Sold Under Agreements to Repurchase
12,678

 
12,678

 
12,678

 

 

Federal Home Loan Bank Term Advances
59,000

 
60,312

 
29,000

 
31,312

 

Junior Subordinated Obligations Issued
  to Unconsolidated Subsidiary Trusts
20,000

 
20,000

 

 
20,000

 

Accrued Interest Payable
584

 
584

 
584

 

 

 
 
 
 
 
 
 
 
 
 
September 30, 2012
 
 
 
 
 
 
 
 
 
Cash and Cash Equivalents
$
136,418

 
$
136,418

 
$
136,418

 
$

 
$

Securities Available-for-Sale
425,416

 
425,416

 

 
425,416

 

Securities Held-to-Maturity
244,949

 
254,936

 

 
254,936

 

Federal Home Loan Bank and Federal Reserve Bank Stock
4,487

 
4,487

 
4,487

 

 

Net Loans
1,137,704

 
1,164,743

 

 

 
1,164,743

Accrued Interest Receivable
6,510

 
6,510

 
6,510

 

 

Deposits
1,771,461

 
1,774,549

 
1,472,103

 
302,446

 

Federal Funds Purchased and Securities Sold Under Agreements to Repurchase
18,042

 
18,042

 
18,042

 

 

Federal Home Loan Bank Term Advances
30,000

 
31,513

 

 
31,513

 

Junior Subordinated Obligations Issued
  to Unconsolidated Subsidiary Trusts
20,000

 
20,000

 

 
20,000

 

Accrued Interest Payable
676

 
676

 
676