Leases

12 Months Ended

Dec. 31, 2014

Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]

Leases of Lessee Disclosure [Text Block]

LEASES (Dollars In Thousands)

At December 31, 2014, Arrow was obligated under a number of noncancellable operating leases for buildings and equipment. Certain of these leases provide for escalation clauses and contain renewal options calling for increased rentals if the lease is renewed.

Net rental expense for the years ended December 31, 2014, 2013 and 2012 was as follows:

	2014		2013		2012
Net Rental Expense	$	784	$	671	$	597

Future minimum lease payments on operating leases at December 31, 2014 were as follows:

	Operating Leases
2015	$	686
2016	483
2017	389
2018	318
2019	266
Later Years	372
Total Minimum Lease Payments	$	2,514

Arrow leases five of its branch offices, at market rates, from Stewart’s Shops Corp.  Mr. Gary C. Dake, President of Stewart’s Shops Corp., serves on both the boards of Arrow and Saratoga National Bank and Trust Company.