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Fair Value of Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2014
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)
 
Total Gains (Losses)
Fair Value of Assets and Liabilities Measured on a Recurring Basis:
 
 
 
 
 
 
 
 
 
March 31, 2014
 
 
 
 
 
 
 
 
 
Securities Available-for Sale:
 
 
 
 
 
 
 
 
 
U.S. Agency Obligations
$
121,220

 
$

 
$
121,220

 
$

 
 
State and Municipal Obligations
125,410

 

 
125,410

 

 
 
Mortgage-Backed Securities - Residential
164,541

 

 
164,541

 

 
 
Corporate and Other Debt Securities
16,839

 

 
16,839

 

 
 
Mutual Funds and Equity Securities
1,220

 

 
1,220

 

 
 
  Total Securities Available-for-Sale
$
429,230

 
$

 
$
429,230

 
$

 
 
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

 
$

 
 
March 31, 2013
 
 
 
 
 
 
 
 
 
Securities Available-for Sale:
 
 
 
 
 
 
 
 
 
U.S. Agency Obligations
$
132,153

 
$

 
$
132,153

 
$

 
 
State and Municipal Obligations
104,469

 

 
104,469

 

 
 
Mortgage-Backed Securities - Residential
228,323

 

 
228,323

 

 
 
Corporate and Other Debt Securities
12,691

 

 
12,691

 

 
 
Mutual Funds and Equity Securities
1,139

 

 
1,139

 

 
 
Total Securities Available-for Sale
$
478,775

 
$

 
$
478,775

 
$

 
 
 
 
 
 
 
 
 
 
 
 
Fair Value of Assets and Liabilities Measured on a Nonrecurring Basis:
 
 
 
 
 
 
 
 
 
March 31, 2014
 
 
 
 
 
 
 
 
 
Other Real Estate Owned and Repossessed Assets, Net
$
198

 
$

 
$

 
$
198

 
$
(52
)
December 31, 2013

 
 
 
 
 
 
 
 
Other Real Estate Owned and Repossessed Assets, Net
$
144

 
$

 
$

 
$
144

 
$
(79
)
March 31, 2013

 
 
 
 
 
 
 
 
Other Real Estate Owned and Repossessed Assets, Net
$
1,194

 
$

 
$

 
$
1,194

 
$
(56
)
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
March 31, 2014
 
 
 
 
 
 
 
 
 
Cash and Cash Equivalents
$
76,050

 
$
76,050

 
$
76,050

 
$

 
$

Securities Available-for-Sale
429,230

 
429,230

 

 
429,230

 

Securities Held-to-Maturity
317,632

 
322,335

 

 
322,335

 

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

 
3,896

 
3,896

 

 

Net Loans
1,295,787

 
1,306,043

 

 

 
1,306,043

Accrued Interest Receivable
6,808

 
6,808

 
6,808

 

 

Deposits
1,948,019

 
1,944,116

 
1,709,784

 
234,332

 

Federal Funds Purchased and Securities
  Sold Under Agreements to Repurchase
13,787

 
13,787

 
13,787

 

 

Federal Home Loan Bank Term Advances
20,000

 
20,519

 

 
20,519

 

Junior Subordinated Obligations Issued
  to Unconsolidated Subsidiary Trusts
20,000

 
20,000

 

 
20,000

 

Accrued Interest Payable
405

 
405

 
405

 

 

 
 
 
 
 
 
 
 
 
 
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

 

 

 
 
 
 
 
 
 
 
 
 
March 31, 2013
 
 
 
 
 
 
 
 
 
Cash and Cash Equivalents
$
137,174

 
$
137,174

 
$
137,174

 
$

 
$

Securities Available-for-Sale
478,775

 
478,775

 

 
478,775

 

Securities Held-to-Maturity
251,456

 
259,562

 

 
259,562

 

Federal Home Loan Bank and Federal
  Reserve Bank Stock
4,493

 
4,493

 
4,493

 

 

Net Loans
1,150,156

 
1,167,063

 

 

 
1,167,063

Accrued Interest Receivable
6,481

 
6,481

 
6,481

 

 

Deposits
1,851,206

 
1,850,614

 
1,575,954

 
274,660

 

Federal Funds Purchased and Securities
  Sold Under Agreements to Repurchase
12,166

 
12,166

 
12,166

 

 

Federal Home Loan Bank Term Advances
30,000

 
31,263

 

 
31,263

 

Junior Subordinated Obligations Issued
  to Unconsolidated Subsidiary Trusts
20,000

 
20,000

 

 
20,000

 

Accrued Interest Payable
523

 
523

 
523