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Loans (Tables)
 6 Months Ended
Jun. 30, 2017
Loans and Leases Receivable Disclosure [Abstract]  
Past Due Financing Receivables
The following table presents loan balances outstanding as of June 30, 2017, December 31, 2016 and June 30, 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 $261, $483 and $2,440 as of June 30, 2017, December 31, 2016 and June 30, 2016, respectively, are included in the residential real estate balances for current loans.
 
 
 
 
Commercial
 
 
 
 
 
 
 
Commercial
 
Real Estate
 
Consumer
 
Residential
 
Total
June 30, 2017
 
 
 
 
 
 
 
 
 
Loans Past Due 30-59 Days
$
138

 
$
—

 
$
4,123

 
$
122

 
$
4,383

Loans Past Due 60-89 Days
40

 
865

 
1,265

 
2,591

 
4,761

Loans Past Due 90 or more Days
249

 
357

 
391

 
2,115

 
3,112

Total Loans Past Due
427

 
1,222

 
5,779

 
4,828

 
12,256

Current Loans
125,832

 
440,587

 
572,975

 
726,982

 
1,866,376

Total Loans
$
126,259

 
$
441,809

 
$
578,754

 
$
731,810

 
$
1,878,632

 
 
 
 
 
 
 
 
 
 
Loans 90 or More Days Past Due
  and Still Accruing Interest
$
120

 
$
357

 
$
75

 
$
1,269

 
$
1,821

Nonaccrual Loans
653

 
1,343

 
419

 
2,807

 
5,222

 
 
 
 
 
 
 
 
 
 
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

 
 
 
 
 
 
 
 
 
 
June 30, 2016
 
 
 
 
 
 
 
 
 
Loans Past Due 30-59 Days
$
61

 
$
—

 
$
3,362

 
$
101

 
$
3,524

Loans Past Due 60-89 Days
25

 
168

 
1,393

 
1,750

 
3,336

Loans Past Due 90 or more Days
194

 
938

 
283

 
1,780

 
3,195

Total Loans Past Due
280

 
1,106

 
5,038

 
3,631

 
10,055

Current Loans
106,371

 
416,506

 
503,500

 
636,058

 
1,662,435

Total Loans
$
106,651

 
$
417,612

 
$
508,538

 
$
639,689

 
$
1,672,490

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

 
$
—

 
$
53

 
$
403

 
$
456

Nonaccrual Loans
$
194

 
$
3,525

 
$
451

 
$
2,535

 
6,705
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:
 
 
 
 
 
 
 
 
 
 
 
March 31, 2017
$
939

 
$
5,449

 
$
6,702

 
$
4,126

 
$
—

 
$
17,216

Charge-offs
(23
)
 
—

 
(277
)
 
(5
)
 
—

 
(305
)
Recoveries
5

 
—

 
104

 
—

 
—

 
109

Provision
4

 
(466
)
 
776

 
108

 
—

 
422

June 30, 2017
$
925

 
$
4,983

 
$
7,305

 
$
4,229

 
$
—

 
$
17,442

 
 
 
 
 
 
 
 
 
 
 
 
March 31, 2016
$
1,437

 
$
4,950

 
$
5,912

 
$
3,798

 
$
190

 
$
16,287

Charge-offs
(11
)
 
—

 
(189
)
 
—

 
—

 
(200
)
Recoveries
2

 
—

 
40

 
—

 
—

 
42

Provision
(300
)
 
866

 
(21
)
 
228

 
(104
)
 
669

June 30, 2016
$
1,128

 
$
5,816

 
$
5,742

 
$
4,026

 
$
86

 
$
16,798

 
 
 
 
 
 
 
 
 
 
 
 
Allowance for Loan Losses
 
 
 
Commercial
 
 
 
 
 
 
 
 
 
Commercial
 
Real Estate
 
Consumer
 
Residential
 
Unallocated
 
Total
Roll-forward of the Allowance for Loan Losses for the Year-to-Date Periods:
 
 
 
 
 
 
 
 
 
 
 
December 31, 2016
$
1,017

 
$
5,677

 
$
6,120

 
$
4,198

 
$
—

 
$
17,012

Charge-offs
(39
)
 
—

 
(530
)
 
(6
)
 
—

 
(575
)
Recoveries
12

 
—

 
213

 
—

 
—

 
225

Provision
(65
)
 
(694
)
 
1,502

 
37

 
—

 
780

June 30, 2017
$
925

 
$
4,983

 
$
7,305

 
$
4,229

 
$
—

 
$
17,442

 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2015
$
1,827

 
$
4,520

 
$
5,554

 
$
3,790

 
$
347

 
$
16,038

Charge-offs
(52
)
 
—

 
(349
)
 
(16
)
 
—

 
(417
)
Recoveries
15

 
—

 
92

 
—

 
—

 
107

Provision
(662
)
 
1,296

 
445

 
252

 
(261
)
 
1,070

June 30, 2016
$
1,128

 
$
5,816

 
$
5,742

 
$
4,026

 
$
86

 
$
16,798

 
 
 
 
 
 
 
 
 
 
 
 
June 30, 2017
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses - Loans Individually Evaluated for Impairment
$
112

 
$
—

 
$
—

 
$
34

 
$
—

 
$
146

Allowance for loan losses - Loans Collectively Evaluated for Impairment
813

 
4,983

 
7,305

 
4,195

 
—

 
17,296

Ending Loan Balance - Individually Evaluated for Impairment
503

 
1,178

 
88

 
1,090

 
—

 
2,859

Ending Loan Balance - Collectively Evaluated for Impairment
$
125,756

 
$
440,631

 
$
578,666

 
$
730,720

 
$
—

 
$
1,875,773

 
 
 
 
 
 
 
 
 
 
 
 
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

 
 
 
 
 
 
 
 
 
 
 
 
June 30, 2016
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses - Loans Individually Evaluated for Impairment
$
—

 
$
250

 
$
—

 
$
—

 
$
—

 
$
250

Allowance for loan losses - Loans Collectively Evaluated for Impairment
1,128

 
5,566

 
5,742

 
4,026

 
86

 
16,548

Ending Loan Balance - Individually Evaluated for Impairment
—

 
3,542

 
93

 
640

 
—

 
4,275

Ending Loan Balance - Collectively Evaluated for Impairment
$
106,651

 
$
414,070

 
$
508,445

 
$
639,049

 
$
—

 
$
1,668,215

    
Financing Receivable Credit Quality Indicators
The following table presents the credit quality indicators by loan category at June 30, 2017, December 31, 2016 and June 30, 2016:
Loan Credit Quality Indicators
 
 
 
Commercial
 
 
 
 
 
 
 
Commercial
 
Real Estate
 
Consumer
 
Residential
 
Total
June 30, 2017
 
 
 
 
 
 
 
 
 
Credit Risk Profile by Creditworthiness Category:
 
 
 
 
 
 
 
 
 
Satisfactory
$
120,388

 
$
412,423

 
 
 
 
 
$
532,811

Special Mention
1,269

 
1,414

 
 
 
 
 
2,683

Substandard
4,602

 
27,973

 
 
 
 
 
32,575

Doubtful
—

 
—

 
 
 
 
 
—

Credit Risk Profile Based on Payment Activity:
 
 
 
 
 
 
 
 
 
Performing
 
 
 
 
$
578,317

 
$
727,733

 
$
1,306,050

Nonperforming
 
 
 
 
437

 
4,076

 
4,513

 
 
 
 
 
 
 
 
 
 
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

 
 
 
 
 
 
 
 
 
 
June 30, 2016
 
 
 
 
 
 
 
 
 
Credit Risk Profile by Creditworthiness Category:
 
 
 
 
 
 
 
 
 
Satisfactory
$
96,703

 
$
377,039

 
 
 
 
 
$
473,742

Special Mention
1,290

 
10,429

 
 
 
 
 
11,719

Substandard
8,658

 
30,144

 
 
 
 
 
38,802

Doubtful
—

 
—

 
 
 
 
 
—

Credit Risk Profile Based on Payment Activity:
 
 
 
 
 
 
 
 
 
Performing
 
 
 
 
$
508,014

 
$
636,751

 
$
1,144,765

Nonperforming
 
 
 
 
524

 
2,938

 
3,462
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
June 30, 2017
 
 

 
 
 
 
 
 
Recorded Investment:
 
 
 
 
 
 
 
 
 
With No Related Allowance
$
—

 
$
1,178

 
$
88

 
$
802

 
$
2,068

With a Related Allowance
503

 
—

 
—

 
288

 
791

Unpaid Principal Balance:
 
 
 
 
 
 
 
 
 
With No Related Allowance
—

 
1,178

 
88

 
802

 
2,068

With a Related Allowance
503

 
—

 
—

 
288

 
791

 
 
 
 
 
 
 
 
 
 
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
—

 
—

 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
 
June 30, 2016
 
 
 
 
 
 
 
 
 
Recorded Investment:
 
 
 
 
 
 
 
 
 
With No Related Allowance
$
—

 
$
1,850

 
$
93

 
$
640

 
$
2,583

With a Related Allowance
—

 
1,692

 
—

 
—

 
1,692

Unpaid Principal Balance:
 
 
 
 
 
 
 
 
 
With No Related Allowance
—

 
1,850

 
93

 
640

 
$
2,583

With a Related Allowance
—

 
1,692

 
—

 
—

 
1,692

 
 
 
 
 
 
 
 
 
 
For the Quarter Ended:
 
 
 
 
 
 
 
 
 
June 30, 2017
 
 
 
 
 
 
 
 
 
Average Recorded Balance:
 
 
 
 
 
 
 
 
 
With No Related Allowance
$
—

 
$
1,031

 
$
88

 
$
804

 
$
1,923

With a Related Allowance
252

 
—

 
—

 
288

 
540

Interest Income Recognized:
 
 
 
 
 
 
 
 
 
With No Related Allowance
—

 
—

 
2

 
4

 
6

With a Related Allowance
—

 
—

 
—

 
—

 
—

Cash Basis Income:
 
 
 
 
 
 
 
 
 
With No Related Allowance
—

 
—

 
—

 
—

 
—

With a Related Allowance
—

 
—

 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
 
June 30, 2016
 
 
 
 
 
 
 
 
 
Average Recorded Balance:
 
 
 
 
 
 
 
 
 
With No Related Allowance
$
—

 
$
2,111

 
$
106

 
$
641

 
$
2,858

With a Related Allowance
—

 
1,698

 
—

 
—

 
1,698

Interest Income Recognized:
 
 
 
 
 
 
 
 
 
With No Related Allowance
—

 
2

 
1

 
—

 
3

With a Related Allowance
—

 
—

 
—

 
—

 
—

Cash Basis Income:
 
 
 
 
 
 
 
 
 
With No Related Allowance
—

 
—

 
—

 
—

 
—

With a Related Allowance
—

 
—

 
—

 
—

 
—

Impaired Loans
 
 
 
Commercial
 
 
 
 
 
 
 
Commercial
 
Real Estate
 
Consumer
 
Residential
 
Total
For the Year-To-Date Period Ended:
 
 
 
 
 
 
 
 
 
June 30, 2017
 
 
 
 
 
 
 
 
 
Average Recorded Balance:

 
 
 
 
 
 
 
 
With No Related Allowance
$
—

 
$
1,034

 
$
90

 
$
950

 
$
2,074

With a Related Allowance
252

 
—

 
—

 
144

 
396

Interest Income Recognized:
 
 
 
 
 
 
 
 
 
With No Related Allowance
—

 
—

 
3

 
4

 
7

With a Related Allowance
—

 
—

 
—

 
—

 
—

Cash Basis Income:
 
 
 
 
 
 
 
 
 
With No Related Allowance
—

 
—

 
—

 
—

 
—

With a Related Allowance
—

 
—

 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
 
June 30, 2016
 
 
 
 
 
 
 
 
 
Average Recorded Balance:
 
 
 
 
 
 
 
 
 
With No Related Allowance
$
78

 
$
2,111

 
$
104

 
$
643

 
$
2,936

With a Related Allowance
—

 
846

 
—

 
—

 
846

Interest Income Recognized:
 
 
 
 
 
 
 
 
 
With No Related Allowance
—

 
11

 
2

 
—

 
13

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:
 
 
 
 
 
 
 
 
 
June 30, 2017
 
 
 
 
 
 
 
 
 
Number of Loans
1

 
—

 
2

 
—

 
3

Pre-Modification Outstanding Recorded Investment
$
503

 
$
—

 
$
10

 
$
—

 
$
513

Post-Modification Outstanding Recorded Investment
503

 
—

 
10

 
—

 
513

Subsequent Default, Number of Contracts
—

 
—

 
—

 
—

 
—

Subsequent Default, Recorded Investment
—

 
—

 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
 
June 30, 2016
 
 
 
 
 
 
 
 
 
Number of Loans
—

 
—

 
1

 
—

 
1

Pre-Modification Outstanding Recorded Investment
$
—

 
$
—

 
$
8

 
$
—

 
$
8

Post-Modification Outstanding Recorded Investment
—

 
—

 
8

 
—

 
8

Subsequent Default, Number of Contracts
—

 
—

 
—

 
—

 
—

Subsequent Default, Recorded Investment
—

 
—

 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
 
For the Year-To-Date Period Ended:
 
 
 
 
 
 
 
 
 
June 30, 2017
 
 
 
 
 
 
 
 
 
Number of Loans
1

 
—

 
4

 
—

 
5

Pre-Modification Outstanding Recorded Investment
$
503

 
$
—

 
$
26

 
$
—

 
$
529

Post-Modification Outstanding Recorded Investment
503

 
—

 
26

 
—

 
529

Subsequent Default, Number of Contracts
—

 
—

 
—

 
—

 
—

Subsequent Default, Recorded Investment
—

 
—

 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
 
June 30, 2016
 
 
 
 
 
 
 
 
 
Number of Loans
—

 
—

 
1

 
—

 
1

Pre-Modification Outstanding Recorded Investment
$
—

 
$
—

 
$
8

 
$
—

 
$
8

Post-Modification Outstanding Recorded Investment
—

 
—

 
8

 
—

 
8

Subsequent Default, Number of Contracts
—

 
—

 
—

 
—

 
—

Subsequent Default, Recorded Investment
—

 
—

 
—

 
—

 
—