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Loans (Tables)
12 Months Ended
Dec. 31, 2014
Loans and Leases Receivable Disclosure [Abstract]  
Past Due Financing Receivables [Table Text Block]
Loan Categories and Past Due Loans

The following table presents loan balances outstanding as of December 31, 2014 and December 31, 2013 and an analysis of the recorded investment in loans that are past due at these dates.  Generally, Arrow considers a loan past due 30 or more days if the borrower is two or more payments past due.
Schedule of Past Due Loans by Loan Category
 
 
 
Commercial
 
Commercial
 
Other
 
 
 
 
 
 
 
Commercial
 
Construction
 
Real Estate
 
Consumer
 
Automobile
 
Residential
 
Total
December 31, 2014
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans Past Due 30-59 Days
$
124

 
$

 
$
432

 
$
30

 
$
4,137

 
$
482

 
$
5,205

Loans Past Due 60-89 Days
154

 

 
7

 
4

 
1,221

 
1,495

 
2,881

Loans Past Due 90 or More Days
345

 

 
1,832

 
3

 
203

 
2,999

 
5,382

Total Loans Past Due
623

 

 
2,271

 
37

 
5,561

 
4,976

 
13,468

Current Loans
98,888

 
18,815

 
319,026

 
7,628

 
423,815

 
531,628

 
1,399,800

Total Loans
$
99,511

 
$
18,815

 
$
321,297

 
$
7,665

 
$
429,376

 
$
536,604

 
$
1,413,268

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans 90 or More Days Past Due and Still Accruing Interest
$

 
$

 
$

 
$

 
$

 
$
537

 
$
537

Nonaccrual Loans
$
473

 
$

 
$
2,071

 
$
4

 
$
411

 
$
3,940

 
$
6,899

 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2013
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans Past Due 30-59 Days
$
304

 
$

 
$
200

 
$
37

 
$
3,233

 
$
529

 
$
4,303

Loans Past Due 60-89 Days
601

 

 
1,200

 
19

 
1,041

 
1,527

 
4,388

Loans Past Due 90 or more Days
177

 

 
2,034

 

 
98

 
3,113

 
5,422

Total Loans Past Due
1,082

 

 
3,434

 
56

 
4,372

 
5,169

 
14,113

Current Loans
86,811

 
27,815

 
284,685

 
7,593

 
389,832

 
455,623

 
1,252,359

Total Loans
$
87,893

 
$
27,815

 
$
288,119

 
$
7,649

 
$
394,204

 
$
460,792

 
$
1,266,472

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans 90 or More Days Past Due and Still Accruing Interest
$
28

 
$

 
$

 
$

 
$

 
$
624

 
$
652

Nonaccrual Loans
$
352

 
$

 
$
2,048

 
$

 
$
219

 
$
3,860

 
$
6,479

Allowance for Credit Losses on Financing Receivables [Table Text Block]
Allowance for Loan Losses

The following table presents a rollforward of the allowance for loan losses and other information pertaining to the allowance for loan losses:
Allowance for Loan Losses
 
 
 
Commercial
 
Commercial
 
Other
 
 
 
 
 
 
 
 
 
Commercial
 
Construction
 
Real Estate
 
Consumer
 
Automobile
 
Residential
 
Unallocated
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Rollfoward of the Allowance for Loan Losses for the Year Ended:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2013
$
1,886

 
$
417

 
$
3,545

 
$
272

 
$
4,206

 
$
3,026

 
$
1,082

 
$
14,434

Charge-offs
(212
)
 

 

 
(41
)
 
(677
)
 
(91
)
 

 
(1,021
)
Recoveries
86

 

 

 
6

 
217

 

 

 
309

Provision
340

 
(135
)
 
301

 
22

 
1,205

 
434

 
(319
)
 
1,848

December 31, 2014
$
2,100

 
$
282

 
$
3,846

 
$
259

 
$
4,951

 
$
3,369

 
$
763

 
$
15,570

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2012
$
2,344

 
$
601

 
$
3,050

 
$
304

 
$
4,536

 
$
3,405

 
$
1,058

 
$
15,298

Charge-offs
(926
)
 

 
(11
)
 
(28
)
 
(431
)
 
(15
)
 

 
(1,411
)
Recoveries
88

 

 

 
3

 
256

 

 

 
347

Provision
380

 
(184
)
 
506

 
(7
)
 
(155
)
 
(364
)
 
24

 
200

December 31, 2013
$
1,886

 
$
417

 
$
3,545

 
$
272

 
$
4,206

 
$
3,026

 
$
1,082

 
$
14,434

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2011
$
1,927

 
$
602

 
$
3,136

 
$
350

 
$
4,496

 
$
3,414

 
$
1,078

 
$
15,003

Charge-offs
(90
)
 

 
(206
)
 
(52
)
 
(401
)
 
(33
)
 

 
(782
)
Recoveries
23

 

 

 
9

 
200

 

 

 
232

Provision
484

 
(1
)
 
120

 
(3
)
 
241

 
24

 
(20
)
 
845

December 31, 2012
$
2,344

 
$
601

 
$
3,050

 
$
304

 
$
4,536

 
$
3,405

 
$
1,058

 
$
15,298

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for Loan Losses
 
 
 
Commercial
 
Commercial
 
Other
 
 
 
 
 
 
 
 
 
Commercial
 
Construction
 
Real Estate
 
Consumer
 
Automobile
 
Residential
 
Unallocated
 
Total
December 31, 2014
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses - Loans Individually Evaluated for Impairment
$

 
$

 
$

 
$

 
$

 
$
109

 
$

 
$
109

Allowance for loan losses - Loans Collectively Evaluated for Impairment
$
2,100

 
$
282

 
$
3,846

 
$
259

 
$
4,951

 
$
3,260

 
$
763

 
$
15,461

Ending Loan Balance - Individually Evaluated for Impairment
$
494

 
$

 
$
1,492

 
$

 
$
118

 
$
2,237

 
$

 
$
4,341

Ending Loan Balance - Collectively Evaluated for Impairment
$
99,017

 
$
18,815

 
$
319,805

 
$
7,665

 
$
429,258

 
$
534,367

 
$

 
$
1,408,927

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses - Loans Individually Evaluated for Impairment
$

 
$

 
$

 
$

 
$

 
$

 
$

 
$

Allowance for loan losses - Loans Collectively Evaluated for Impairment
$
1,886


$
417


$
3,545


$
272


$
4,206


$
3,026


$
1,082

 
$
14,434

Ending Loan Balance - Individually Evaluated for Impairment
$
221

 
$

 
$
1,785

 
$

 
$
173

 
$
2,309

 
$

 
$
4,488

Ending Loan Balance - Collectively Evaluated for Impairment
$
87,672

 
$
27,815

 
$
286,334

 
$
7,649

 
$
394,031

 
$
458,483

 
$

 
$
1,261,984

Financing Receivable Credit Quality Indicators [Table Text Block]
Loan Credit Quality Indicators

The following table presents the credit quality indicators by loan category at December 31, 2014 and December 31, 2013:
Loan Credit Quality Indicators
 
 
 
Commercial
 
Commercial
 
Other
 
 
 
 
 
 
 
Commercial
 
Construction
 
Real Estate
 
Consumer
 
Automobile
 
Residential
 
Total
December 31, 2014
 
 
 
 
 
 
 
 
 
 
 
 
 
Credit Risk Profile by Creditworthiness Category:
 
 
 
 
 
 
 
 
 
 
 
 
 
Satisfactory
$
85,949

 
$
18,815

 
$
298,932

 
 
 
 
 
 
 
$
403,696

Special Mention
2,442

 

 
3,718

 
 
 
 
 
 
 
6,160

Substandard
11,120

 

 
18,647

 
 
 
 
 
 
 
29,767

Doubtful

 

 

 
 
 
 
 
 
 

Credit Risk Profile Based on Payment Activity:
 
 
 
 
 
 
 
 
 
 
 
 
 
Performing
 
 
 
 
 
 
$
7,661

 
$
428,965

 
$
532,127

 
968,753

Nonperforming
 
 
 
 
 
 
4

 
411

 
4,477

 
4,892

 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2013
 
 
 
 
 
 
 
 
 
 
 
 
 
Credit Risk Profile by Creditworthiness Category:
 
 
 
 
 
 
 
 
 
 
 
 
 
Satisfactory
$
79,966

 
$
27,815

 
$
267,612

 
 
 
 
 
 
 
$
375,393

Special Mention
204

 

 
634

 
 
 
 
 
 
 
838

Substandard
7,723

 

 
19,873

 
 
 
 
 
 
 
27,596

Doubtful

 

 

 
 
 
 
 
 
 

Credit Risk Profile Based on Payment Activity:
 
 
 
 
 
 
 
 
 
 
 
 
 
Performing
 
 
 
 
 
 
$
7,649

 
$
393,985

 
$
456,308

 
$
857,942

Nonperforming
 
 
 
 
 
 

 
219

 
4,484

 
4,703

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Impaired Financing Receivables [Table Text Block]
Impaired Loans

The following table presents information on impaired loans based on whether the impaired loan has a recorded allowance or no recorded allowance:
Impaired Loans
 
 
 
Commercial
 
Commercial
 
Other
 
 
 
 
 
 
 
Commercial
 
Construction
 
Real Estate
 
Consumer
 
Automobile
 
Residential
 
Total
December 31, 2014
 
 
 
 
 
 
 
 
 
 
 
 
 
Recorded Investment:
 
 
 
 
 
 
 
 
 
 
 
 
 
With No Related Allowance
$
494

 
$

 
$
1,492

 
$

 
$
118

 
$
1,678

 
$
3,782

With a Related Allowance

 

 

 

 

 
559

 
559

Unpaid Principal Balance:
 
 
 
 
 
 
 
 
 
 
 
 
 
With No Related Allowance
$
494

 
$

 
$
1,492

 
$

 
$
118

 
$
1,678

 
$
3,782

With a Related Allowance

 

 

 

 

 
559

 
559

 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2013
 
 
 
 
 
 
 
 
 
 
 
 
 
Recorded Investment:
 
 
 
 
 
 
 
 
 
 
 
 
 
With No Related Allowance
$
221

 
$

 
$
1,785

 
$

 
$
173

 
$
2,309

 
$
4,488

With a Related Allowance

 

 

 

 

 

 
$

Unpaid Principal Balance:
 
 
 
 
 
 
 
 
 
 
 
 
 
With No Related Allowance
$
221

 
$

 
$
1,785

 
$

 
$
173

 
$
2,309

 
$
4,488

With a Related Allowance

 

 

 

 

 

 
$

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
For the Year-To-Date Period Ended:
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2014
 
 
 
 
 
 
 
 
 
 
 
 
 
Average Recorded Balance:


 
 
 


 
 
 

 

 

With No Related Allowance
$
348

 
$

 
$
1,492

 
$

 
$
121

 
$
1,673

 
$
3,634

With a Related Allowance

 

 

 

 

 
546

 
$
546

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest Income Recognized:
 
 
 
 
 
 
 
 
 
 
 
 
 
With No Related Allowance
$
11

 
$

 
$

 
$

 
$
7

 
$
1

 
$
19

With a Related Allowance

 

 

 

 

 

 

Cash Basis Income:
 
 
 
 
 
 
 
 
 
 
 
 
 
With No Related Allowance
$

 
$

 
$

 
$

 
$

 
$

 
$

With a Related Allowance

 

 

 

 

 

 

Related Allowance

 

 

 

 

 
109

 
$
109

 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2013
 
 
 
 
 
 
 
 
 
 
 
 
 
Average Recorded Balance:
 
 
 
 
 
 
 
 
 
 
 
 
 
With No Related Allowance
$
133

 
$

 
$
2,157

 
$

 
$
188

 
$
1,700

 
$
4,178

With a Related Allowance
694

 

 

 

 

 

 
$
694

Interest Income Recognized:
 
 
 
 
 
 
 
 
 
 
 
 
 
With No Related Allowance
$
4

 
$

 
$

 
$

 
$
9

 
$
8

 
$
21

With a Related Allowance

 

 

 

 

 

 
$

Cash Basis Income:
 
 
 
 
 
 
 
 
 
 
 
 
 
With No Related Allowance
$

 
$

 
$

 
$

 
$

 
$

 
$

With a Related Allowance

 

 

 

 

 

 
$

 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2012
 
 
 
 
 
 
 
 
 
 
 
 
 
Average Recorded Balance:
 
 
 
 
 
 
 
 
 
 
 
 
 
With No Related Allowance
$
56

 
$

 
$
2,241

 
$

 
$
236

 
$
1,599

 
$
4,132

With a Related Allowance
$
694

 
$

 
$

 
$

 
$

 
$

 
$
694

Interest Income Recognized:
 
 
 
 
 
 
 
 
 
 
 
 
 
With No Related Allowance
$
6

 
$

 
$
64

 
$

 
$
12

 
$
9

 
$
91

With a Related Allowance

 

 

 

 

 

 
$

Cash Basis Income:
 
 
 
 
 
 
 
 
 
 
 
 
 
With No Related Allowance
$

 
$

 
$
64

 
$

 
$

 
$

 
$
64

With a Related Allowance
$

 
$

 
$

 
$

 
$

 
$

 
$

Troubled Debt Restructurings on Financing Receivables [Table Text Block]
Loans Modified in Trouble Debt Restructurings

The following table presents information on loans modified in trouble debt restructurings during the periods indicated:
Loans Modified in Trouble Debt Restructurings During the Period
 
 
 
Commercial
 
Commercial
 
Other
 
 
 
 
 
 
 
Commercial
 
Construction
 
Real Estate
 
Consumer
 
Automobile
 
Residential
 
Total
For the Year Ended:
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2014
 
 
 
 
 
 
 
 
 
 
 
 
 
Number of Loans

 

 

 

 
4

 
1

 
5

Pre-Modification Outstanding Recorded Investment
$

 
$

 
$

 
$

 
$
36

 
$
574

 
$
610

Post-Modification Outstanding Recorded Investment
$

 
$

 
$

 
$

 
$
36

 
$
574

 
$
610

Subsequent Default, Number of Contracts

 

 

 

 

 

 

Subsequent Default, Recorded Investment

 

 

 

 

 

 

Commitments to lend additional funds to modified loans

 

 

 

 

 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2013
 
 
 
 
 
 
 
 
 
 
 
 
 
Number of Loans
1

 

 

 

 
9

 

 
10

Pre-Modification Outstanding Recorded Investment
$
169

 
$

 
$

 
$

 
$
88

 
$

 
$
257

Post-Modification Outstanding Recorded Investment
$
200

 
$

 
$

 
$

 
$
88

 
$

 
$
288

Subsequent Default, Number of Contracts

 

 

 

 

 

 

Subsequent Default, Recorded Investment

 

 

 

 

 

 

Commitments to lend additional funds to modified loans

 

 

 

 

 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2012
 
 
 
 
 
 
 
 
 
 
 
 
 
Number of Loans

 

 
2

 

 
17

 

 
19

Pre-Modification Outstanding Recorded Investment
$

 
$

 
$
47

 
$

 
$
160

 
$

 
$
207

Post-Modification Outstanding Recorded Investment
$

 
$

 
$
47

 
$

 
$
160

 
$

 
$
207

Subsequent Default, Number of Contracts

 

 

 

 

 

 

Subsequent Default, Recorded Investment

 

 

 

 

 

 

Commitments to lend additional funds to modified loans

 

 

 

 

 

 

Financing Receivable Supplemental Information [Table Text Block]
Schedule of Supplemental Loan Information
    
 
2014
 
2013
Supplemental Information:
 
 
 
Unamortized deferred loan origination costs, net of deferred loan
  origination fees, included in the above balances
$
2,771

 
$
2,152

Overdrawn deposit accounts, included in the above balances
973

 
501

Pledged loans secured by one-to-four family residential mortgages
  under a blanket collateral agreement to secure borrowings from
  the Federal Home Loan Bank of New York
313,355

 
270,372

Residential real estate loans serviced for Freddie Mac, not included
   in the balances above
158,598

 
156,593

Loans held for sale at period-end, included in the above balances
398

 
64

Loans to Related Parties:  
 
 
 
Balance at beginning of year
$
7,769

 
$
17,447

Adjustment due to change in composition of related parties

 
(8,819
)
New loans and renewals, during the year
694

 
2,253

Repayments, during the year
(2,460
)
 
(3,112
)
Balance at end of year
$
6,003

 
$
7,769