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Loans (Tables)
 3 Months Ended
Mar. 31, 2017
Loans and Leases Receivable Disclosure [Abstract]  
Past Due Financing Receivables
The following table presents loan balances outstanding as of March 31, 2017, December 31, 2016 and March 31, 2016 and an analysis of the recorded investment in loans that are past due at these dates.  Generally, Arrow considers an amortizing loan past due 30 or more days when the borrower is two payments past due. Loans held-for-sale of $896, $483 and $506 as of March 31, 2017, December 31, 2016 and March 31, 2016, respectively, are included in the residential real estate balances for current loans.
 
 
 
 
Commercial
 
 
 
 
 
 
 
Commercial
 
Real Estate
 
Consumer
 
Residential
 
Total
March 31, 2017
 
 
 
 
 
 
 
 
 
Loans Past Due 30-59 Days
$
189

 
$
—

 
$
3,882

 
$
2,021

 
$
6,092

Loans Past Due 60-89 Days
9

 
—

 
1,145

 
684

 
1,838

Loans Past Due 90 or more Days
120

 
—

 
335

 
835

 
1,290

Total Loans Past Due
318

 
—

 
5,362

 
3,540

 
9,220

Current Loans
118,524

 
435,316

 
546,601

 
701,144

 
1,801,585

Total Loans
$
118,842

 
$
435,316

 
$
551,963

 
$
704,684

 
$
1,810,805

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

 
$
—

 
$
—

 
$
—

 
$
—

Nonaccrual Loans
144

 
870

 
656

 
2,603

 
4,273

 
 
 
 
 
 
 
 
 
 
December 31, 2016
 
 
 
 
 
 
 
 
 
Loans Past Due 30-59 Days
$
112

 
$
121

 
$
5,593

 
$
2,368

 
$
8,194

Loans Past Due 60-89 Days
29

 
—

 
898

 
142

 
1,069

Loans Past Due 90 or more Days
148

 
—

 
513

 
1,975

 
2,636

Total Loans Past Due
289

 
121

 
7,004

 
4,485

 
11,899

Current Loans
104,866

 
431,525

 
530,357

 
674,621

 
1,741,369

Total Loans
$
105,155

 
$
431,646

 
$
537,361

 
$
679,106

 
$
1,753,268

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

 
$
—

 
$
158

 
$
1,043

 
$
1,201

Nonaccrual Loans
$
155

 
$
875

 
$
589

 
$
2,574

 
4,193

 
 
 
 
 
 
 
 
 
 
March 31, 2016
 
 
 
 
 
 
 
 
 
Loans Past Due 30-59 Days
$
129

 
$
—

 
$
3,503

 
$
1,825

 
$
5,457

Loans Past Due 60-89 Days
6

 
—

 
517

 
29

 
552

Loans Past Due 90 or more Days
198

 
1,469

 
390

 
2,092

 
4,149

Total Loans Past Due
333

 
1,469

 
4,410

 
3,946

 
10,158

Current Loans
105,744

 
402,376

 
485,099

 
619,351

 
1,612,570

Total Loans
$
106,077

 
$
403,845

 
$
489,509

 
$
623,297

 
$
1,622,728

 
 
 
 
 
 
 
 
 
 
Loans 90 or More Days Past Due
  and Still Accruing Interest
$
13

 
$
—

 
$
42

 
$
497

 
$
552

Nonaccrual Loans
$
214

 
$
4,055

 
$
505

 
$
2,671

 
7,445
Allowance for Credit Losses on Financing Receivables
The following table presents a roll-forward 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
Roll-forward of the Allowance for Loan Losses for the Quarterly Periods:
 
 
 
 
 
 
 
 
 
 
 
December 31, 2016
$
1,017

 
$
5,677

 
$
6,120

 
$
4,198

 
$
—

 
$
17,012

Charge-offs
(16
)
 
—

 
(254
)
 
—

 
—

 
(270
)
Recoveries
7

 
—

 
109

 
—

 
—

 
116

Provision
(69
)
 
(228
)
 
727

 
(72
)
 
—

 
358

March 31, 2017
$
939

 
$
5,449

 
$
6,702

 
$
4,126

 
$
—

 
$
17,216

 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2015
$
1,827

 
$
4,520

 
$
5,554

 
$
3,790

 
$
347

 
$
16,038

Charge-offs
(40
)
 
—

 
(160
)
 
(16
)
 
—

 
(216
)
Recoveries
12

 
—

 
52

 
—

 
—

 
64

Provision
(362
)
 
430

 
466

 
24

 
(157
)
 
401

March 31, 2016
$
1,437

 
$
4,950

 
$
5,912

 
$
3,798

 
$
190

 
$
16,287

 
 
 
 
 
 
 
 
 
 
 
 
Allowance for Loan Losses
 
 
 
Commercial
 
 
 
 
 
 
 
 
 
Commercial
 
Real Estate
 
Consumer
 
Residential
 
Unallocated
 
Total
March 31, 2017
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses - Loans Individually Evaluated for Impairment
$
—

 
$
34

 
$
—

 
$
—

 
$
—

 
$
34

Allowance for loan losses - Loans Collectively Evaluated for Impairment
939

 
5,415

 
6,702

 
4,126

 
—

 
17,182

Ending Loan Balance - Individually Evaluated for Impairment
—

 
884

 
88

 
1,094

 
—

 
2,066

Ending Loan Balance - Collectively Evaluated for Impairment
$
118,841

 
$
434,432

 
$
551,876

 
$
703,590

 
$
—

 
$
1,808,739

 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2016
 
 
 
 
 
 
—

 
 
 
 
Allowance for loan losses - Loans Individually Evaluated for Impairment
$
—

 
$
—

 
$
—

 
$
—

 
$
—

 
$
—

Allowance for loan losses - Loans Collectively Evaluated for Impairment
1,017

 
5,677

 
6,120

 
4,198

 
—

 
17,012

Ending Loan Balance - Individually Evaluated for Impairment
—

 
890

 
91

 
1,098

 
—

 
2,079

Ending Loan Balance - Collectively Evaluated for Impairment
$
105,155

 
$
430,756

 
$
537,270

 
$
678,008

 
$
—

 
$
1,751,189

 
 
 
 
 
 
 
 
 
 
 
 
March 31, 2016
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses - Loans Individually Evaluated for Impairment
$
—

 
$
260

 
$
—

 
$
—

 
$
—

 
$
260

Allowance for loan losses - Loans Collectively Evaluated for Impairment
1,437

 
4,690

 
5,912

 
3,798

 
190

 
16,027

Ending Loan Balance - Individually Evaluated for Impairment
—

 
4,074

 
119

 
642

 
—

 
4,835

Ending Loan Balance - Collectively Evaluated for Impairment
$
106,077

 
$
399,771

 
$
489,390

 
$
622,655

 
$
—

 
$
1,617,893

    
Financing Receivable Credit Quality Indicators
The following table presents the credit quality indicators by loan category at March 31, 2017, December 31, 2016 and March 31, 2016:
Loan Credit Quality Indicators
 
 
 
Commercial
 
 
 
 
 
 
 
Commercial
 
Real Estate
 
Consumer
 
Residential
 
Total
March 31, 2017
 
 
 
 
 
 
 
 
 
Credit Risk Profile by Creditworthiness Category:
 
 
 
 
 
 
 
 
 
Satisfactory
$
109,416

 
$
402,266

 
 
 
 
 
$
511,682

Special Mention
1,349

 
2,233

 
 
 
 
 
3,582

Substandard
8,077

 
30,817

 
 
 
 
 
38,894

Doubtful
—

 
—

 
 
 
 
 
—

Credit Risk Profile Based on Payment Activity:
 
 
 
 
 
 
 
 
 
Performing
 
 
 
 
$
551,307

 
$
702,081

 
$
1,253,388

Nonperforming
 
 
 
 
656

 
2,603

 
3,259

 
 
 
 
 
 
 
 
 
 
December 31, 2016
 
 
 
 
 
 
 
 
 
Credit Risk Profile by Creditworthiness Category:
 
 
 
 
 
 
 
 
 
Satisfactory
$
95,722

 
$
396,907

 
 
 
 
 
$
492,629

Special Mention
1,359

 
7,008

 
 
 
 
 
8,367

Substandard
8,074

 
27,731

 
 
 
 
 
35,805

Doubtful
—

 
—

 
 
 
 
 
—

Credit Risk Profile Based on Payment Activity:
 
 
 
 
 
 
 
 
 
Performing
 
 
 
 
$
536,614

 
$
675,489

 
$
1,212,103

Nonperforming
 
 
 
 
747

 
3,617

 
4,364

 
 
 
 
 
 
 
 
 
 
March 31, 2016
 
 
 
 
 
 
 
 
 
Credit Risk Profile by Creditworthiness Category:
 
 
 
 
 
 
 
 
 
Satisfactory
$
97,189

 
$
370,739

 
 
 
 
 
$
467,928

Special Mention
994

 
15,098

 
 
 
 
 
16,092

Substandard
7,894

 
18,008

 
 
 
 
 
25,902

Doubtful
—

 
—

 
 
 
 
 
—

Credit Risk Profile Based on Payment Activity:
 
 
 
 
 
 
 
 
 
Performing
 
 
 
 
$
488,950

 
$
620,130

 
$
1,109,080

Nonperforming
 
 
 
 
559

 
3,167

 
3,726
Impaired Financing Receivables
The following table presents information on impaired loans based on whether the impaired loan has a recorded related allowance or has no recorded related allowance:
Impaired Loans
 
 
 
Commercial
 
 
 
 
 
 
 
Commercial
 
Real Estate
 
Consumer
 
Residential
 
Total
March 31, 2017
 
 

 
 
 
 
 
 
Recorded Investment:
 
 
 
 
 
 
 
 
 
With No Related Allowance
$
—

 
$
884

 
$
88

 
$
806

 
$
1,778

With a Related Allowance
—

 
—

 
—

 
288

 
288

Unpaid Principal Balance:
 
 
 
 
 
 
 
 
 
With No Related Allowance
—

 
884

 
88

 
806

 
1,778

With a Related Allowance
—

 
—

 
—

 
288

 
288

 
 
 
 
 
 
 
 
 
 
December 31, 2016
 
 
 
 
 
 

 
 
Recorded Investment:
 
 
 
 
 
 
 
 
 
With No Related Allowance
$
—

 
$
890

 
$
91

 
$
1,098

 
$
2,079

With a Related Allowance
—

 
—

 
—

 
—

 
—

Unpaid Principal Balance:
 
 
 
 
 
 
 
 
 
With No Related Allowance
—

 
890

 
91

 
1,098

 
2,079

With a Related Allowance
—

 
—

 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
 
March 31, 2016
 
 
 
 
 
 
 
 
 
Recorded Investment:
 
 
 
 
 
 
 
 
 
With No Related Allowance
$
—

 
$
2,371

 
$
119

 
$
642

 
$
3,132

With a Related Allowance
—

 
1,703

 
—

 
—

 
1,703

Unpaid Principal Balance:
 
 
 
 
 
 
 
 
 
With No Related Allowance
—

 
2,371

 
119

 
642

 
$
3,132

With a Related Allowance
—

 
1,703

 
—

 
—

 
1,703

 
 
 
 
 
 
 
 
 
 
For the Quarter Ended:
 
 
 
 
 
 
 
 
 
March 31, 2017
 
 
 
 
 
 
 
 
 
Average Recorded Balance:
 
 
 
 
 
 
 
 
 
With No Related Allowance
$
—

 
$
887

 
$
90

 
$
952

 
$
1,929

With a Related Allowance
—

 
—

 
—

 
144

 
144

Interest Income Recognized:
 
 
 
 
 
 
 
 
 
With No Related Allowance
—

 
—

 
1

 
—

 
1

With a Related Allowance
—

 
—

 
—

 
—

 
—

Cash Basis Income:
 
 
 
 
 
 
 
 
 
With No Related Allowance
—

 
—

 
—

 
—

 
—

With a Related Allowance
—

 
—

 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
 
March 31, 2016
 
 
 
 
 
 
 
 
 
Average Recorded Balance:
 
 
 
 
 
 
 
 
 
With No Related Allowance
$
78

 
$
2,372

 
$
117

 
$
644

 
$
3,211

With a Related Allowance
—

 
852

 
—

 
—

 
852

Interest Income Recognized:
 
 
 
 
 
 
 
 
 
With No Related Allowance
—

 
9

 
1

 
—

 
10

With a Related Allowance
—

 
—

 
—

 
—

 
—

Cash Basis Income:
 
 
 
 
 
 
 
 
 
With No Related Allowance
—

 
—

 
—

 
—

 
—

With a Related Allowance
—

 
—

 
—

 
—

 
—
Troubled Debt Restructurings on Financing Receivables
The following table presents information on loans modified in trouble debt restructurings during the periods indicated. All loans were modified under Arrow's own programs. The principal modification, for all the modifications in the table below, involved payment deferrals.
Loans Modified in Trouble Debt Restructurings During the Period
 
 
 
Commercial
 
 
 
 
 
 
 
Commercial
 
Real Estate
 
Consumer
 
Residential
 
Total
For the Quarter Ended:
 
 
 
 
 
 
 
 
 
March 31, 2017
 
 
 
 
 
 
 
 
 
Number of Loans
—

 
—

 
2

 
—

 
2

Pre-Modification Outstanding Recorded Investment
$
—

 
$
—

 
$
15

 
$
—

 
$
15

Post-Modification Outstanding Recorded Investment
—

 
—

 
15

 
—

 
15

Subsequent Default, Number of Contracts
—

 
—

 
—

 
—

 
—

Subsequent Default, Recorded Investment
—

 
—

 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
 
March 31, 2016
 
 
 
 
 
 
 
 
 
Number of Loans
—

 
—

 
—

 
—

 
—

Pre-Modification Outstanding Recorded Investment
$
—

 
$
—

 
$
—

 
$
—

 
$
—

Post-Modification Outstanding Recorded Investment
—

 
—

 
—

 
—

 
—

Subsequent Default, Number of Contracts
—

 
—

 
—

 
—

 
—

Subsequent Default, Recorded Investment
—

 
—

 
—

 
—

 
—