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Fair Value of Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2015
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, 2015
 
 
 
 
 
 
 
 
 
Securities Available-for Sale:
 
 
 
 
 
 
 
 
 
U.S. Agency Obligations
$
151,527

 
$

 
$
151,527

 
$

 
 
State and Municipal Obligations
74,095

 

 
74,095

 

 
 
Mortgage-Backed Securities - Residential
149,510

 

 
149,510

 

 
 
Corporate and Other Debt Securities
16,756

 

 
16,756

 

 
 
Mutual Funds and Equity Securities
1,245

 

 
1,245

 

 
 
  Total Securities Available-for-Sale
$
393,133

 
$

 
$
393,133

 
$

 
 
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

 
$

 
 
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

 
$

 
 
 
 
 
 
 
 
 
 
 
 
Fair Value of Assets and Liabilities Measured on a Nonrecurring Basis:
 
 
 
 
 
 
 
 
 
March 31, 2015
 
 
 
 
 
 
 
 
 
Other Real Estate Owned and Repossessed Assets, Net
$
529

 
$

 
$

 
$
529

 
$
(15
)
Collateral Dependent Impaired Loans
600

 

 

 
$
600

 
(149
)
December 31, 2014

 
 
 
 
 
 
 
 
Other Real Estate Owned and Repossessed Assets, Net
$
393

 
$

 
$

 
$
393

 
$
(15
)
Collateral Dependent Impaired Loans
574

 

 

 
$
574

 
(109
)
March 31, 2014

 
 
 
 
 
 
 
 
Other Real Estate Owned and Repossessed Assets, Net
$
198

 
$

 
$

 
$
198

 
$
(52
)
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, 2015
 
 
 
 
 
 
 
 
 
Cash and Cash Equivalents
$
111,595

 
$
111,595

 
$
111,595

 
$

 
$

Securities Available-for-Sale
393,133

 
393,133

 

 
393,133

 

Securities Held-to-Maturity
305,175

 
312,500

 

 
312,500

 

Federal Home Loan Bank and Federal
  Reserve Bank Stock
4,806

 
4,806

 
4,806

 

 

Net Loans
1,419,169

 
1,429,553

 

 

 
1,429,553

Accrued Interest Receivable
6,698

 
6,698

 
6,698

 

 

Deposits
2,018,704

 
2,016,098

 
1,820,165

 
195,933

 

Federal Funds Purchased and Securities
  Sold Under Agreements to Repurchase
15,895

 
15,895

 
15,895

 

 

Federal Home Loan Bank Term Advances
50,000

 
50,851

 

 
50,851

 

Junior Subordinated Obligations Issued
  to Unconsolidated Subsidiary Trusts
20,000

 
20,000

 

 
20,000

 

Accrued Interest Payable
289

 
289

 
289

 

 

 
 
 
 
 
 
 
 
 
 
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

 

 

 
 
 
 
 
 
 
 
 
 
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