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Loans (Tables)
 9 Months Ended
Sep. 30, 2017
Loans and Leases Receivable Disclosure [Abstract]  
Past Due Financing Receivables
The following table presents loan balances outstanding as of September 30, 2017, December 31, 2016 and September 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 $1,323, $483 and $1,414 as of September 30, 2017, December 31, 2016 and September 30, 2016, respectively, are included in the residential real estate balances for current loans.
 
 
 
 
Commercial
 
 
 
 
 
 
 
Commercial
 
Real Estate
 
Consumer
 
Residential
 
Total
September 30, 2017
 
 
 
 
 
 
 
 
 
Loans Past Due 30-59 Days
$
122

 
$
442

 
$
4,781

 
$
1,675

 
$
7,020

Loans Past Due 60-89 Days
—

 
—

 
914

 
77

 
991

Loans Past Due 90 or more Days
102

 
807

 
291

 
1,742

 
2,942

Total Loans Past Due
224

 
1,249

 
5,986

 
3,494

 
10,953

Current Loans
125,136

 
439,467

 
586,043

 
747,200

 
1,897,846

Total Loans
$
125,360

 
$
440,716

 
$
592,029

 
$
750,694

 
$
1,908,799

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

 
$
—

 
$
41

 
$
926

 
$
967

Nonaccrual Loans
609

 
1,249

 
507

 
3,117

 
5,482

 
 
 
 
 
 
 
 
 
 
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

 
 
 
 
 
 
 
 
 
 
September 30, 2016
 
 
 
 
 
 
 
 
 
Loans Past Due 30-59 Days
$
38

 
$
—

 
$
3,793

 
$
271

 
$
4,102

Loans Past Due 60-89 Days
67

 
—

 
1,412

 
1,450

 
2,929

Loans Past Due 90 or more Days
160

 
1,106

 
343

 
1,467

 
3,076

Total Loans Past Due
265

 
1,106

 
5,548

 
3,188

 
10,107

Current Loans
102,789

 
427,905

 
518,155

 
648,260

 
1,697,109

Total Loans
$
103,054

 
$
429,011

 
$
523,703

 
$
651,448

 
$
1,707,216

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

 
$
—

 
$
—

 
$
548

 
$
548

Nonaccrual Loans
$
160

 
$
3,689

 
$
532

 
$
1,726

 
6,107
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:
 
 
 
 
 
 
 
 
 
 
 
June 30, 2017
$
925

 
$
4,983

 
$
7,305

 
$
4,229

 
$
—

 
$
17,442

Charge-offs
—

 
(342
)
 
(280
)
 
—

 
—

 
(622
)
Recoveries
1

 
—

 
74

 
—

 
—

 
75

Provision
(46
)
 
446

 
509

 
(109
)
 
—

 
800

September 30, 2017
$
880

 
$
5,087

 
$
7,608

 
$
4,120

 
$
—

 
$
17,695

 
 
 
 
 
 
 
 
 
 
 
 
June 30, 2016
$
1,128

 
$
5,816

 
$
5,742

 
$
4,026

 
$
86

 
$
16,798

Charge-offs
(34
)
 
—

 
(243
)
 
(90
)
 
—

 
(367
)
Recoveries
5

 
—

 
59

 
—

 
—

 
64

Provision
(76
)
 
(75
)
 
513

 
166

 
(48
)
 
480

September 30, 2016
$
1,023

 
$
5,741

 
$
6,071

 
$
4,102

 
$
38

 
$
16,975

 
 
 
 
 
 
 
 
 
 
 
 
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
(2
)
 
(342
)
 
(847
)
 
(6
)
 
—

 
(1,197
)
Recoveries
8

 
—

 
292

 
—

 
—

 
300

Provision
(143
)
 
(248
)
 
2,043

 
(72
)
 
—

 
1,580

September 30, 2017
$
880

 
$
5,087

 
$
7,608

 
$
4,120

 
$
—

 
$
17,695

 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2015
$
1,827

 
$
4,520

 
$
5,554

 
$
3,790

 
$
347

 
$
16,038

Charge-offs
(86
)
 
—

 
(591
)
 
(107
)
 
—

 
(784
)
Recoveries
20

 
—

 
150

 
1

 
—

 
171

Provision
(738
)
 
1,221

 
958

 
418

 
(309
)
 
1,550

September 30, 2016
$
1,023

 
$
5,741

 
$
6,071

 
$
4,102

 
$
38

 
$
16,975

 
 
 
 
 
 
 
 
 
 
 
 
September 30, 2017
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses - Loans Individually Evaluated for Impairment
$
104

 
$
—

 
$
—

 
$
34

 
$
—

 
$
138

Allowance for loan losses - Loans Collectively Evaluated for Impairment
776

 
5,087

 
7,608

 
4,086

 
—

 
17,557

Ending Loan Balance - Individually Evaluated for Impairment
489

 
1,543

 
104

 
1,139

 
—

 
3,275

Ending Loan Balance - Collectively Evaluated for Impairment
$
124,871

 
$
439,172

 
$
591,925

 
$
749,556

 
$
—

 
$
1,905,524

 
 
 
 
 
 
 
 
 
 
 
 
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

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

 
$
240

 
$
—

 
$
—

 
$
—

 
$
240

Allowance for loan losses - Loans Collectively Evaluated for Impairment
1,023

 
5,501

 
6,071

 
4,102

 
38

 
16,735

Ending Loan Balance - Individually Evaluated for Impairment
—

 
3,538

 
90

 
317

 
—

 
3,945

Ending Loan Balance - Collectively Evaluated for Impairment
$
103,054

 
$
425,473

 
$
523,613

 
$
651,131

 
$
—

 
$
1,703,271

    
Financing Receivable Credit Quality Indicators
The following table presents the credit quality indicators by loan category at September 30, 2017, December 31, 2016 and September 30, 2016:
Loan Credit Quality Indicators
 
 
 
Commercial
 
 
 
 
 
 
 
Commercial
 
Real Estate
 
Consumer
 
Residential
 
Total
September 30, 2017
 
 
 
 
 
 
 
 
 
Credit Risk Profile by Creditworthiness Category:
 
 
 
 
 
 
 
 
 
Satisfactory
$
120,622

 
$
411,685

 
$
—

 
$
—

 
$
532,307

Special Mention
1,394

 
1,401

 
—

 
—

 
2,795

Substandard
3,344

 
26,822

 
—

 
—

 
30,166

Doubtful
—

 
807

 
—

 
—

 
807

Credit Risk Profile Based on Payment Activity:
 
 
 
 
 
 
 
 
 
Performing
$
—

 
$
—

 
$
591,499

 
$
746,652

 
$
1,338,151

Nonperforming
—

 
—

 
530

 
4,043

 
4,573

 
 
 
 
 
 
 
 
 
 
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

 
 
 
 
 
 
 
 
 
 
September 30, 2016
 
 
 
 
 
 
 
 
 
Credit Risk Profile by Creditworthiness Category:
 
 
 
 
 
 
 
 
 
Satisfactory
$
93,903

 
$
392,697

 
$
—

 
$
—

 
$
486,600

Special Mention
1,274

 
10,472

 
—

 
—

 
11,746

Substandard
7,877

 
25,842

 
—

 
—

 
33,719

Doubtful
—

 
—

 
—

 
—

 
—

Credit Risk Profile Based on Payment Activity:
 
 
 
 
 
 
 
 
 
Performing
$
—

 
$
—

 
$
523,171

 
$
649,093

 
$
1,172,264

Nonperforming
—

 
—

 
532

 
2,355

 
2,887
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
September 30, 2017
 
 

 
 
 
 
 
 
Recorded Investment:
 
 
 
 
 
 
 
 
 
With No Related Allowance
$
—

 
$
818

 
$
104

 
$
851

 
$
1,773

With a Related Allowance
489

 
725

 
—

 
288

 
1,502

Unpaid Principal Balance:
 
 
 
 
 
 
 
 
 
With No Related Allowance
—

 
818

 
90

 
850

 
1,758

With a Related Allowance
489

 
723

 
—

 
288

 
1,500

 
 
 
 
 
 
 
 
 
 
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
—

 
—

 
—

 
—

 
—

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

 
$
898

 
$
90

 
$
317

 
$
1,305

With a Related Allowance
—

 
2,640

 
—

 
—

 
2,640

Unpaid Principal Balance:
 
 
 
 
 
 
 
 
 
With No Related Allowance
—

 
898

 
90

 
317

 
$
1,305

With a Related Allowance
—

 
2,640

 
—

 
—

 
2,640

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

 
$
998

 
$
96

 
$
827

 
$
1,921

With a Related Allowance
496

 
363

 
—

 
288

 
1,147

Interest Income Recognized:
 
 
 
 
 
 
 
 
 
With No Related Allowance
—

 
—

 
1

 
—

 
1

With a Related Allowance
—

 
—

 
—

 
—

 
—

Cash Basis Income:
 
 
 
 
 
 
 
 
 
With No Related Allowance
—

 
—

 
—

 
—

 
—

With a Related Allowance
—

 
—

 
—

 
—

 
—

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

 
$
1,374

 
$
92

 
$
479

 
$
1,945

With a Related Allowance
—

 
2,166

 
—

 
—

 
2,166

Interest Income Recognized:
 
 
 
 
 
 
 
 
 
With No Related Allowance
—

 
3

 
2

 
—

 
5

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:
 
 
 
 
 
 
 
 
 
September 30, 2017
 
 
 
 
 
 
 
 
 
Average Recorded Balance:

 
 
 
 
 
 
 
 
With No Related Allowance
$
—

 
$
854

 
$
98

 
$
975

 
$
1,927

With a Related Allowance
245

 
363

 
—

 
144

 
752

Interest Income Recognized:
 
 
 
 
 
 
 
 
 
With No Related Allowance
—

 
—

 
3

 
—

 
3

With a Related Allowance
—

 
—

 
—

 
4

 
4

Cash Basis Income:
 
 
 
 
 
 
 
 
 
With No Related Allowance
—

 
—

 
—

 
—

 
—

With a Related Allowance
—

 
—

 
—

 
—

 
—

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

 
$
1,635

 
$
102

 
$
481

 
$
2,296

With a Related Allowance
—

 
1,320

 
—

 
—

 
1,320

Interest Income Recognized:
 
 
 
 
 
 
 
 
 
With No Related Allowance
—

 
14

 
4

 
—

 
18

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:
 
 
 
 
 
 
 
 
 
September 30, 2017
 
 
 
 
 
 
 
 
 
Number of Loans
1

 
—

 
2

 
—

 
3

Pre-Modification Outstanding Recorded Investment
$
725

 
$
—

 
$
25

 
$
—

 
$
750

Post-Modification Outstanding Recorded Investment
725

 
—

 
25

 
—

 
750

Subsequent Default, Number of Contracts
—

 
—

 
—

 
—

 
—

Subsequent Default, Recorded Investment
—

 
—

 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
 
September 30, 2016
 
 
 
 
 
 
 
 
 
Number of Loans
—

 
—

 
1

 
—

 
1

Pre-Modification Outstanding Recorded Investment
$
—

 
$
—

 
$
15

 
$
—

 
$
15

Post-Modification Outstanding Recorded Investment
—

 
—

 
15

 
—

 
15

Subsequent Default, Number of Contracts
—

 
—

 
—

 
—

 
—

Subsequent Default, Recorded Investment
—

 
—

 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
 
For the Year-To-Date Period Ended:
 
 
 
 
 
 
 
 
 
September 30, 2017
 
 
 
 
 
 
 
 
 
Number of Loans
2

 
—

 
6

 
—

 
8

Pre-Modification Outstanding Recorded Investment
$
1,228

 
$
—

 
$
51

 
$
—

 
$
1,279

Post-Modification Outstanding Recorded Investment
1,228

 
—

 
51

 
—

 
1,279

Subsequent Default, Number of Contracts
—

 
—

 
—

 
—

 
—

Subsequent Default, Recorded Investment
—

 
—

 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
 
September 30, 2016
 
 
 
 
 
 
 
 
 
Number of Loans
—

 
—

 
2

 
—

 
2

Pre-Modification Outstanding Recorded Investment
$
—

 
$
—

 
$
23

 
$
—

 
$
23

Post-Modification Outstanding Recorded Investment
—

 
—

 
23

 
—

 
23

Subsequent Default, Number of Contracts
—

 
—

 
—

 
—

 
—

Subsequent Default, Recorded Investment
—

 
—

 
—

 
—

 
—