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Fair Values (Tables)
12 Months Ended
Dec. 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 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, 2014
 
 
 
 
 
 
 
 
 
Securities Available-for Sale:
 
 
 
 
 
 
 
 
 
U.S. Agency Obligations
$
137,603

 
$

 
$
137,603

 
$

 
 
State and Municipal Obligations
81,730

 

 
81,730

 

 
 
Mortgage-Backed Securities - Residential
128,827

 

 
128,827

 

 
 
Corporate and Other Debt Securities
16,725

 

 
16,725

 

 
 
Mutual Funds and Equity Securities
1,254

 

 
1,254

 

 
 
  Total Securities Available-for-Sale
$
366,139

 
$

 
$
366,139

 
$

 


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

 
$

 


 
 
 
 
 
 
 
 
 
 
Fair Value of Assets and Liabilities Measured on a Nonrecurring Basis:
 
 
 
 
 
 
 
 
 
December 31, 2014
 
 
 
 
 
 
 
 
 
Collateral Dependent Impaired Loans
$
574

 
$

 
$

 
$
574

 
$
(109
)
Other Real Estate Owned and Repossessed Assets, Net
$
393

 
$

 
$

 
$
393

 
$
(15
)
December 31, 2013
 
 
 
 
 
 
 
 
 
Other Real Estate Owned and Repossessed Assets, Net
$
144

 
$

 
$

 
$
144

 
$
(79
)
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 Arrows 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, 2014
 
 
 
 
 
 
 
 
 
Cash and Cash Equivalents
$
46,295

 
$
46,295

 
$
46,295

 
$

 
$

Securities Available-for-Sale
366,139

 
366,139

 

 
366,139

 

Securities Held-to-Maturity
302,024

 
308,566

 

 
308,566

 

Federal Home Loan Bank and Federal Reserve Bank Stock
4,851

 
4,851

 
4,851

 

 

Net Loans
1,397,698

 
1,405,454

 

 

 
1,405,454

Accrued Interest Receivable
5,834

 
5,834

 
5,834

 

 

Deposits
1,902,948

 
1,899,682

 
1,697,105

 
202,577

 

Federal Funds Purchased and Securities Sold Under Agreements to Repurchase
19,421

 
19,421

 
19,421

 

 

Federal Home Loan Bank Term Advances
51,000

 
51,258

 
41,000

 
10,258

 

Junior Subordinated Obligations Issued
  to Unconsolidated Subsidiary Trusts
20,000

 
20,000

 

 
20,000

 

Accrued Interest Payable
274

 
274

 
274

 

 

 
 
 
 
 
 
 
 
 
 
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