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Fair Values (Tables)
12 Months Ended
Dec. 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 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, 2015
 
 
 
 
 
 
 
 
 
Securities Available-for Sale:
 
 
 
 
 
 
 
 
 
U.S. Agency Obligations
$
155,782

 
$
—

 
$
155,782

 
$
—

 
 
State and Municipal Obligations
52,408

 
—

 
52,408

 
—

 
 
Mortgage-Backed Securities - Residential
178,588

 
—

 
178,588

 
—

 
 
Corporate and Other Debt Securities
14,299

 
—

 
14,299

 
—

 
 
Mutual Funds and Equity Securities
1,232

 
—

 
1,232

 
—

 
 
  Total Securities Available-for-Sale
$
402,309

 
$
—

 
$
402,309

 
$
—

 


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

 
$
—

 


 
 
 
 
 
 
 
 
 
 
Fair Value of Assets and Liabilities Measured on a Nonrecurring Basis:
 
 
 
 
 
 
 
 
 
December 31, 2015
 
 
 
 
 
 
 
 
 
Collateral Dependent Impaired Loans
$
—

 
$
—

 
$
—

 
$
—

 
$
—

Other Real Estate Owned and Repossessed Assets, Net
$
2,018

 
$
—

 
$
—

 
$
2,018

 
$
(687
)
December 31, 2014
 
 
 
 
 
 
 
 
 
Collateral Dependent Impaired Loans
$
574

 
$
—

 
$
—

 
$
574

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

 
$
—

 
$
—

 
$
393

 
$
(15
)
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 Arrow’s 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, 2015
 
 
 
 
 
 
 
 
 
Cash and Cash Equivalents
$
51,068

 
$
51,068

 
$
51,068

 
$
—

 
$
—

Securities Available-for-Sale
402,309

 
402,309

 
—

 
402,309

 
—

Securities Held-to-Maturity
320,611

 
325,930

 
—

 
325,930

 
—

Federal Home Loan Bank and Federal Reserve Bank Stock
8,839

 
8,839

 
8,839

 
—

 
—

Net Loans
1,557,914

 
1,557,511

 
—

 
—

 
1,557,511

Accrued Interest Receivable
6,360

 
6,360

 
6,360

 
—

 
—

Deposits
2,030,423

 
2,024,224

 
1,840,606

 
183,618

 
—

Federal Funds Purchased and Securities Sold Under Agreements to Repurchase
23,173

 
19,421

 
19,421

 
—

 
—

Federal Home Loan Bank Term Advances
137,000

 
137,063

 
82,000

 
55,063

 
—

Junior Subordinated Obligations Issued
  to Unconsolidated Subsidiary Trusts
20,000

 
20,000

 
—

 
20,000

 
—

Accrued Interest Payable
231

 
231

 
231

 
—

 
—

 
 
 
 
 
 
 
 
 
 
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

 
—

 
—