XML 49 R32.htm IDEA: XBRL DOCUMENT v3.3.1.900
Loans (Tables)
12 Months Ended
Dec. 31, 2015
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, 2015 and December 31, 2014 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
 
Real Estate
 
Consumer
 
Residential
 
Total
December 31, 2015
 
 
 
 
 
 
 
 
 
Loans Past Due 30-59 Days
$
98

 
$

 
$
4,598

 
$
955

 
$
5,651

Loans Past Due 60-89 Days
186

 

 
1,647

 
1,370

 
3,203

Loans Past Due 90 or More Days
203

 
1,469

 
295

 
2,184

 
4,151

Total Loans Past Due
487

 
1,469

 
6,540

 
4,509

 
13,005

Current Loans
102,100

 
383,470

 
457,983

 
617,394

 
1,560,947

Total Loans
$
102,587

 
$
384,939

 
$
464,523

 
$
621,903

 
$
1,573,952

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

 
$

 
$

 
$
187

 
$
187

Nonaccrual Loans
$
387

 
$
2,401

 
$
450

 
$
3,195

 
$
6,433

 
 
 
 
 
 
 
 
 
 
December 31, 2014
 
 
 
 
 
 
 
 
 
Loans Past Due 30-59 Days
$
124

 
$
432

 
$
4,167

 
$
482

 
$
5,205

Loans Past Due 60-89 Days
154

 
7

 
1,225

 
1,495

 
2,881

Loans Past Due 90 or more Days
345

 
1,832

 
206

 
2,999

 
5,382

Total Loans Past Due
623

 
2,271

 
5,598

 
4,976

 
13,468

Current Loans
98,888

 
337,841

 
431,443

 
531,628

 
1,399,800

Total Loans
$
99,511

 
$
340,112

 
$
437,041

 
$
536,604

 
$
1,413,268

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

 
$

 
$

 
$
537

 
$
537

Nonaccrual Loans
$
473

 
$
2,071

 
$
415

 
$
3,940

 
$
6,899

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
 
Real Estate
 
Consumer
 
Residential
 
Unallocated
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
Rollfoward of the Allowance for Loan Losses for the Year Ended:
 
 
 
 
 
 
 
 
 
 
 
December 31, 2014
$
2,100

 
$
4,128

 
$
5,210

 
$
3,369

 
$
763

 
$
15,570

Charge-offs
(62
)
 
(7
)
 
(711
)
 
(326
)
 

 
(1,106
)
Recoveries
34

 

 
193

 

 

 
227

Provision
(245
)
 
399

 
862

 
747

 
(416
)
 
1,347

December 31, 2015
$
1,827

 
$
4,520

 
$
5,554

 
$
3,790

 
$
347

 
$
16,038

 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2013
$
1,886

 
$
3,962

 
$
4,478

 
$
3,026

 
$
1,082

 
$
14,434

Charge-offs
(212
)
 

 
(718
)
 
(91
)
 

 
(1,021
)
Recoveries
86

 

 
223

 

 

 
309

Provision
340

 
166

 
1,227

 
434

 
(319
)
 
1,848

December 31, 2014
$
2,100

 
$
4,128

 
$
5,210

 
$
3,369

 
$
763

 
$
15,570

 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2012
$
2,344

 
$
3,651

 
$
4,840

 
$
3,405

 
$
1,058

 
$
15,298

Charge-offs
(926
)
 
(11
)
 
(459
)
 
(15
)
 

 
(1,411
)
Recoveries
88

 

 
259

 

 

 
347

Provision
380

 
322

 
(162
)
 
(364
)
 
24

 
200

December 31, 2013
$
1,886

 
$
3,962

 
$
4,478

 
$
3,026

 
$
1,082

 
$
14,434

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for Loan Losses
 
 
 
Commercial
 
 
 
 
 
 
 
 
 
Commercial
 
Real Estate
 
Consumer
 
Residential
 
Unallocated
 
Total
December 31, 2015
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses - Loans Individually Evaluated for Impairment
$

 
$

 
$

 
$

 
$

 
$

Allowance for loan losses - Loans Collectively Evaluated for Impairment
$
1,827

 
$
4,520

 
$
5,554

 
$
3,790

 
$
347

 
$
16,038

Ending Loan Balance - Individually Evaluated for Impairment
$
155

 
$
2,372

 
$
114

 
$
645

 
$

 
$
3,286

Ending Loan Balance - Collectively Evaluated for Impairment
$
102,432

 
$
382,567

 
$
464,409

 
$
621,258

 
$

 
$
1,570,666

 
 
 
 
 
 
 
 
 
 
 
 
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


$
4,128


$
5,210


$
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

 
$
338,620

 
$
436,923

 
$
534,367

 
$

 
$
1,408,927

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, 2015 and December 31, 2014:
Loan Credit Quality Indicators
 
 
 
Commercial
 
 
 
 
 
 
 
Commercial
 
Real Estate
 
Consumer
 
Residential
 
Total
December 31, 2015
 
 
 
 
 
 
 
 
 
Credit Risk Profile by Creditworthiness Category:
 
 
 
 
 
 
 
 
 
Satisfactory
$
93,607

 
$
360,654

 
 
 
 
 
$
454,261

Special Mention
1,070

 
4,901

 
 
 
 
 
5,971

Substandard
7,910

 
19,384

 
 
 
 
 
27,294

Doubtful

 

 
 
 
 
 

Credit Risk Profile Based on Payment Activity:
 
 
 
 
 
 
 
 
 
Performing
 
 
 
 
$
464,074

 
$
618,521

 
1,082,595

Nonperforming
 
 
 
 
449

 
3,382

 
3,831

 
 
 
 
 
 
 
 
 
 
December 31, 2014
 
 
 
 
 
 
 
 
 
Credit Risk Profile by Creditworthiness Category:
 
 
 
 
 
 
 
 
 
Satisfactory
$
85,949

 
$
317,747

 
 
 
 
 
$
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
 
 
 
 
$
436,626

 
$
532,127

 
968,753

Nonperforming
 
 
 
 
415

 
4,477

 
4,892

 
 
 
 
 
 
 
 
 
 
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
 
Real Estate
 
Consumer
 
Residential
 
Total
December 31, 2015
 
 
 
 
 
 
 
 
 
Recorded Investment:
 
 
 
 
 
 
 
 
 
With No Related Allowance
$
155

 
$
2,372

 
$
114

 
$
645

 
$
3,286

With a Related Allowance

 

 

 

 

Unpaid Principal Balance:
 
 
 
 
 
 
 
 
 
With No Related Allowance
$
155

 
$
2,372

 
$
144

 
$
645

 
$
3,316

With a Related Allowance

 

 

 

 

 
 
 
 
 
 
 
 
 
 
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

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
For the Year-To-Date Period Ended:
 
 
 
 
 
 
 
 
 
December 31, 2015
 
 
 
 
 
 
 
 
 
Average Recorded Balance:


 


 
 
 

 

With No Related Allowance
$
325

 
$
1,932

 
$
116

 
$
1,162

 
$
3,535

With a Related Allowance

 

 

 
280

 
$
280

Interest Income Recognized:
 
 
 
 
 
 
 
 
 
With No Related Allowance
$

 
$
9

 
$
14

 
$

 
$
23

With a Related Allowance

 

 

 

 

Cash Basis Income:
 
 
 
 
 
 
 
 
 
With No Related Allowance
$

 
$

 
$

 
$

 
$

With a Related Allowance

 

 

 

 

Related Allowance

 

 

 

 
$

 
 
 
 
 
 
 
 
 
 
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

 

 

 

 

 
 
 
 
 
 
 
 
 
 
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

 

 

 

 
$

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
 
Real Estate
 
Consumer
 
Residential
 
Total
For the Year Ended:
 
 
 
 
 
 
 
 
 
December 31, 2015
 
 
 
 
 
 
 
 
 
Number of Loans

 
1

 
4

 

 
5

Pre-Modification Outstanding Recorded Investment
$

 
$
883

 
$
51

 
$

 
$
934

Post-Modification Outstanding Recorded Investment
$

 
$
883

 
$
51

 
$

 
$
934

Subsequent Default, Number of Contracts

 

 

 

 

Subsequent Default, Recorded Investment

 

 

 

 

Commitments to lend additional funds to modified loans

 

 

 

 

 
 
 
 
 
 
 
 
 
 
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

 

 

 

 

 
Financing Receivable Supplemental Information [Table Text Block]
Schedule of Supplemental Loan Information
    
 
2015
 
2014
Supplemental Information:
 
 
 
Unamortized deferred loan origination costs, net of deferred loan
  origination fees, included in the above balances
$
3,268

 
$
2,771

Overdrawn deposit accounts, included in the above balances
477

 
973

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
396,956

 
313,355

Residential real estate loans serviced for Freddie Mac, not included
   in the balances above
153,795

 
158,598

Loans held for sale at period-end, included in the above balances
298

 
398

Loans to Related Parties:  
 
 
 
Balance at beginning of year
$
6,003

 
$
7,769

Adjustment due to change in composition of related parties
2,610

 

New loans and renewals, during the year
2,770

 
694

Repayments, during the year
(1,788
)
 
(2,460
)
Balance at end of year
$
9,595

 
$
6,003