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Fair Values (Tables)
12 Months Ended
Dec. 31, 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 of Assets and Liabilities Measured on a Recurring Basis:
Fair Value
 
Quoted Prices
In Active Markets for Identical Assets
(Level 1)
 
Significant Other
Observable Inputs
(Level 2)
 
Significant Unobservable Inputs
(Level 3)
 
Total Gains (Losses)
December 31, 2013
 
 
 
 
 
 
 
 
 
Securities Available-for Sale:
 
 
 
 
 
 
 
 
 
U.S. Agency Obligations
$
136,475

 
$
—

 
$
136,475

 
$
—

 
 
State and Municipal Obligations
127,389

 
—

 
127,389

 
—

 
 
Mortgage-Backed Securities - Residential
175,778

 
—

 
175,778

 
—

 
 
Corporate and Other Debt Securities
16,798

 
—

 
16,798

 
—

 
 
Mutual Funds and Equity Securities
1,166

 
—

 
1,166

 
—

 
 
  Total Securities Available-for-Sale
$
457,606

 
$
—

 
$
457,606

 
$
—

 


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

 
$
—

 


 
 
 
 
 
 
 
 
 
 
Fair Value of Assets and Liabilities Measured on a Nonrecurring Basis:
 
 
 
 
 
 
 
 
 
December 31, 2013
 
 
 
 
 
 
 
 
 
Other Real Estate Owned and Repossessed Assets, Net
$
144

 
$
—

 
$
—

 
$
144

 
$
(79
)
December 31, 2012
 
 
 
 
 
 
 
 
 
Collateral Dependent Impaired Loans
$
1,020

 
$
—

 
$
—

 
$
1,020

 
$
(1,021
)
Other Real Estate Owned and Repossessed Assets, Net
$
1,034

 
$
—

 
$
—

 
$
1,034

 
$
(19
)
Fair Value, by Balance Sheet Grouping [Table Text Block]
Fair Value by Balance Sheet Grouping

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 Arrow’s financial instruments:
Schedule of Fair Values by Balance Sheet Grouping
 
 
 
 
 
Fair Value Hierarchy
 
Carrying
Amount
 
Fair
Value
 
Level 1
 
Level 2
 
Level 3
December 31, 2013
 
 
 
 
 
 
 
 
 
Cash and Cash Equivalents
$
49,980

 
$
49,980

 
$
49,980

 
$
—

 
$
—

Securities Available-for-Sale
457,606

 
457,606

 
—

 
457,606

 
—

Securities Held-to-Maturity
299,261

 
302,305

 
—

 
302,305

 
—

Federal Home Loan Bank and Federal Reserve Bank Stock
6,281

 
6,281

 
6,281

 
—

 
—

Net Loans
1,252,038

 
1,266,020

 
—

 
—

 
1,266,020

Accrued Interest Receivable
5,745

 
5,745

 
5,745

 
—

 
—

Deposits
1,842,330

 
1,839,613

 
1,595,103

 
244,510

 
—

Federal Funds Purchased and Securities Sold Under Agreements to Repurchase
11,777

 
11,777

 
11,777

 
—

 
—

Federal Home Loan Bank Term Advances
73,000

 
74,629

 
53,000

 
21,629

 
—

Junior Subordinated Obligations Issued
  to Unconsolidated Subsidiary Trusts
20,000

 
20,000

 
—

 
20,000

 
—

Accrued Interest Payable
439

 
439

 
439

 
—

 
—

 
 
 
 
 
 
 
 
 
 
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

 
—

 
—