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Fair Value of Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2016
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, 2016
 
 
 
 
 
 
 
 
 
Securities Available-for Sale:
 
 
 
 
 
 
 
 
 
U.S. Agency Obligations
$
157,646

 
$
—

 
$
157,646

 
$
—

 
 
State and Municipal Obligations
49,543

 
—

 
49,543

 
—

 
 
Mortgage-Backed Securities - Residential
168,110

 
—

 
168,110

 
—

 
 
Corporate and Other Debt Securities
11,715

 
—

 
11,715

 
—

 
 
Mutual Funds and Equity Securities
1,233

 
—

 
1,233

 
—

 
 
  Total Securities Available-for-Sale
$
388,247

 
$
—

 
$
388,247

 
$
—

 
 
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

 
$
—

 
 
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

 
$
—

 
 
 
 
 
 
 
 
 
 
 
 
Fair Value of Assets and Liabilities Measured on a Nonrecurring Basis:
 
 
 
 
 
 
 
 
 
March 31, 2016
 
 
 
 
 
 
 
 
 
Collateral Dependent Impaired Loans
$
1,703

 
$
—

 
$
—

 
$
1,703

 
$
(260
)
Other Real Estate Owned and Repossessed Assets, Net
2,011

 
—

 
—

 
2,011

 
(784
)
December 31, 2015

 
 
 
 
 
 
 
 
Collateral Dependent Impaired Loans
2,018

 
—

 
—

 
2,018

 
(687
)
Other Real Estate Owned and Repossessed Assets, Net
—

 
—

 
—

 
—

 
—

March 31, 2015
 
 
 
 
 
 
 
 
 
Collateral Dependent Impaired Loans
600

 
—

 
—

 
600

 
(149
)
Other Real Estate Owned and Repossessed Assets, Net
529

 
—

 
—

 
529

 
(15
)
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 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
March 31, 2016
 
 
 
 
 
 
 
 
 
Cash and Cash Equivalents
$
60,711

 
$
60,711

 
$
60,711

 
$
—

 
$
—

Securities Available-for-Sale
388,247

 
388,247

 
—

 
388,247

 
—

Securities Held-to-Maturity
315,284

 
324,337

 
—

 
324,337

 
—

Federal Home Loan Bank and Federal
  Reserve Bank Stock
5,149

 
5,149

 
5,149

 
—

 
—

Net Loans
1,606,441

 
1,613,221

 
—

 
—

 
1,613,221

Accrued Interest Receivable
7,156

 
7,156

 
7,156

 
—

 
—

Deposits
2,115,061

 
2,109,546

 
1,925,905

 
183,641

 
—

Federal Funds Purchased and Securities
  Sold Under Agreements to Repurchase
45,155

 
45,155

 
45,155

 
—

 
—

Federal Home Loan Bank Term Advances
55,000

 
55,930

 
—

 
55,930

 
—

Junior Subordinated Obligations Issued
  to Unconsolidated Subsidiary Trusts
20,000

 
20,000

 
—

 
20,000

 
—

Accrued Interest Payable
227

 
227

 
227

 
—

 
—

 
 
 
 
 
 
 
 
 
 
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

 
—

 
—

 
 
 
 
 
 
 
 
 
 
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

 
—

 
—