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Fair Value of Financial Instruments (Tables)
9 Months Ended
Sep. 30, 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:
 
 
 
 
 
 
 
 
 
September 30, 2015
 
 
 
 
 
 
 
 
 
Securities Available-for Sale:
 
 
 
 
 
 
 
 
 
U.S. Agency Obligations
$
162,518

 
$

 
$
162,518

 
$

 
 
State and Municipal Obligations
55,486

 

 
55,486

 

 
 
Mortgage-Backed Securities - Residential
161,637

 

 
161,637

 

 
 
Corporate and Other Debt Securities
16,672

 

 
16,672

 

 
 
Mutual Funds and Equity Securities
1,246

 

 
1,246

 

 
 
  Total Securities Available-for-Sale
$
397,559

 
$

 
$
397,559

 
$

 
 
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

 
$

 
 
September 30, 2014
 
 
 
 
 
 
 
 
 
Securities Available-for Sale:
 
 
 
 
 
 
 
 
 
U.S. Agency Obligations
$
134,051

 
$

 
$
134,051

 
$

 
 
State and Municipal Obligations
92,150

 

 
92,150

 

 
 
Mortgage-Backed Securities - Residential
130,101

 

 
130,101

 

 
 
Corporate and Other Debt Securities
16,756

 

 
16,756

 

 
 
Mutual Funds and Equity Securities
1,277

 

 
1,277

 

 
 
Total Securities Available-for Sale
$
374,335

 
$

 
$
374,335

 
$

 
 
 
 
 
 
 
 
 
 
 
 
Fair Value of Assets and Liabilities Measured on a Nonrecurring Basis:
 
 
 
 
 
 
 
 
 
September 30, 2015
 
 
 
 
 
 
 
 
 
Other Real Estate Owned and Repossessed Assets, Net
$
902

 
$

 
$

 
$
902

 
$
(322
)
Collateral Dependent Impaired Loans
585

 

 

 
$
585

 
(135
)
December 31, 2014

 
 
 
 
 
 
 
 
Other Real Estate Owned and Repossessed Assets, Net
$
393

 
$

 
$

 
$
393

 
$
(15
)
Collateral Dependent Impaired Loans
574

 

 

 
$
574

 
(109
)
September 30, 2014

 
 
 
 
 
 
 
 
Other Real Estate Owned and Repossessed Assets, Net
$
392

 
$

 
$

 
$
392

 
$
(139
)
Collateral Dependent Impaired Loans
533

 

 

 
$
533

 
(82
)
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
September 30, 2015
 
 
 
 
 
 
 
 
 
Cash and Cash Equivalents
$
69,691

 
$
69,691

 
$
69,691

 
$

 
$

Securities Available-for-Sale
397,559

 
397,559

 

 
397,559

 

Securities Held-to-Maturity
317,480

 
324,009

 

 
324,009

 

Federal Home Loan Bank and Federal
  Reserve Bank Stock
5,143

 
5,143

 
5,143

 

 

Net Loans
1,521,151

 
1,530,930

 

 

 
1,530,930

Accrued Interest Receivable
6,949

 
6,949

 
6,949

 

 

Deposits
2,082,051

 
2,076,658

 
1,887,237

 
189,421

 

Federal Funds Purchased and Securities
  Sold Under Agreements to Repurchase
24,414

 
24,414

 
24,414

 

 

Federal Home Loan Bank Term Advances
55,000

 
56,630

 

 
56,630

 

Junior Subordinated Obligations Issued
  to Unconsolidated Subsidiary Trusts
20,000

 
20,000

 

 
20,000

 

Accrued Interest Payable
306

 
306

 
306

 

 

 
 
 
 
 
 
 
 
 
 
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

 

 

 
 
 
 
 
 
 
 
 
 
September 30, 2014
 
 
 
 
 
 
 
 
 
Cash and Cash Equivalents
$
64,664

 
$
64,664

 
$
64,664

 
$

 
$

Securities Available-for-Sale
374,335

 
374,335

 

 
374,335

 

Securities Held-to-Maturity
296,522

 
302,567

 

 
302,567

 

Federal Home Loan Bank and Federal
  Reserve Bank Stock
3,001

 
3,001

 
3,001

 

 

Net Loans
1,366,147

 
1,371,368

 

 

 
1,371,368

Accrued Interest Receivable
6,629

 
6,629

 
6,629

 

 

Deposits
1,935,356

 
1,929,377

 
1,709,155

 
220,222

 

Federal Funds Purchased and Securities
  Sold Under Agreements to Repurchase
19,654

 
19,654

 
19,654

 

 

Federal Home Loan Bank Term Advances
10,000

 
10,340

 
10,340

 

 

Junior Subordinated Obligations Issued
  to Unconsolidated Subsidiary Trusts
20,000

 
20,000

 

 
20,000

 

Accrued Interest Payable
357

 
357

 
357