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Loans (Tables)
 6 Months Ended
Jun. 30, 2018
Loans and Leases Receivable Disclosure [Abstract]  
Past Due Financing Receivables
The following table presents loan balances outstanding as of June 30, 2018, December 31, 2017 and June 30, 2017 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 $544, $327 and $261 as of June 30, 2018, December 31, 2017 and June 30, 2017, respectively, are included in the residential real estate balances for current loans.
 
 
 
 
Commercial
 
 
 
 
 
 
 
Commercial
 
Real Estate
 
Consumer
 
Residential
 
Total
June 30, 2018
 
 
 
 
 
 
 
 
 
Loans Past Due 30-59 Days
$
3

 
$
—

 
$
4,769

 
$
2,004

 
$
6,776

Loans Past Due 60-89 Days
15

 
—

 
720

 
273

 
1,008

Loans Past Due 90 or more Days
28

 
963

 
231

 
771

 
1,993

Total Loans Past Due
46

 
963

 
5,720

 
3,048

 
9,777

Current Loans
118,835

 
463,430

 
656,188

 
809,632

 
2,048,085

Total Loans
$
118,881

 
$
464,393

 
$
661,908

 
$
812,680

 
$
2,057,862

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

 
$
—

 
$
28

 
$
142

 
$
170

Nonaccrual Loans
633

 
963

 
459

 
1,825

 
3,880

 
 
 
 
 
 
 
 
 
 
December 31, 2017
 
 
 
 
 
 
 
 
 
Loans Past Due 30-59 Days
$
139

 
$
—

 
$
5,891

 
$
2,094

 
$
8,124

Loans Past Due 60-89 Days
19

 
—

 
1,215

 
509

 
1,743

Loans Past Due 90 or more Days
99

 
807

 
513

 
1,422

 
2,841

Total Loans Past Due
257

 
807

 
7,619

 
4,025

 
12,708

Current Loans
128,992

 
443,441

 
595,208

 
770,421

 
1,938,062

Total Loans
$
129,249

 
$
444,248

 
$
602,827

 
$
774,446

 
$
1,950,770

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

 
$
—

 
$
6

 
$
313

 
$
319

Nonaccrual Loans
$
588

 
$
1,530

 
$
653

 
$
2,755

 
5,526

 
 
 
 
 
 
 
 
 
 
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
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
 
Total
Roll-forward of the Allowance for Loan Losses for the Quarterly Periods:
 
 
 
 
 
 
 
 
 
March 31, 2018
$
1,119

 
$
5,412

 
$
8,019

 
$
4,507

 
$
19,057

Charge-offs
—

 
—

 
(248
)
 
(16
)
 
(264
)
Recoveries
—

 
3

 
215

 
—

 
218

Provision
(175
)
 
423

 
351

 
30

 
629

June 30, 2018
$
944

 
$
5,838

 
$
8,337

 
$
4,521

 
$
19,640

 
 
 
 
 
 
 
 
 
 
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

 
 
 
 
 
 
 
 
 
 
Allowance for Loan Losses
 
 
 
Commercial
 
 
 
 
 
 
 
Commercial
 
Real Estate
 
Consumer
 
Residential
 
Total
Roll-forward of the Allowance for Loan Losses for the Year-to-Date Periods:
 
 
 
 
 
 
 
 
 
December 31, 2017
$
1,873

 
$
4,504

 
$
7,604

 
$
4,605

 
$
18,586

Charge-offs
(16
)
 
—

 
(595
)
 
(23
)
 
(634
)
Recoveries
—

 
12

 
301

 
—

 
313

Provision
(913
)
 
1,322

 
1,027

 
(61
)
 
1,375

June 30, 2018
$
944

 
$
5,838

 
$
8,337

 
$
4,521

 
$
19,640

 
 
 
 
 
 
 
 
 
 
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

 
 
 
 
 
 
 
 
 
 
June 30, 2018
 
 
 
 
 
 
 
 
 
Allowance for loan losses - Loans Individually Evaluated for Impairment
$
88

 
$
44

 
$
—

 
$
53

 
$
185

Allowance for loan losses - Loans Collectively Evaluated for Impairment
856

 
5,794

 
8,337

 
4,468

 
19,455

Ending Loan Balance - Individually Evaluated for Impairment
489

 
813

 
110

 
1,080

 
2,492

Ending Loan Balance - Collectively Evaluated for Impairment
$
118,392

 
$
463,580

 
$
661,798

 
$
811,600

 
$
2,055,370

 
 
 
 
 
 
 
 
 
 
December 31, 2017
 
 
 
 
 
 
 
 
 
Allowance for loan losses - Loans Individually Evaluated for Impairment
$
94

 
$
2

 
$
—

 
$
10

 
$
106

Allowance for loan losses - Loans Collectively Evaluated for Impairment
1,779

 
4,502

 
7,604

 
4,595

 
18,480

Ending Loan Balance - Individually Evaluated for Impairment
489

 
1,537

 
95

 
1,562

 
3,683

Ending Loan Balance - Collectively Evaluated for Impairment
$
128,760

 
$
442,711

 
$
602,732

 
$
772,884

 
$
1,947,087

 
 
 
 
 
 
 
 
 
 
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

    
Financing Receivable Credit Quality Indicators
The following table presents the credit quality indicators by loan category at June 30, 2018, December 31, 2017 and June 30, 2017:
Loan Credit Quality Indicators
 
 
 
Commercial
 
 
 
 
 
 
 
Commercial
 
Real Estate
 
Consumer
 
Residential
 
Total
June 30, 2018
 
 
 
 
 
 
 
 
 
Credit Risk Profile by Creditworthiness Category:
 
 
 
 
 
 
 
 
 
Satisfactory
$
110,911

 
$
436,670

 
$
—

 
$
—

 
$
547,581

Special Mention
5,948

 
—

 
—

 
—

 
5,948

Substandard
2,023

 
26,915

 
—

 
—

 
28,938

Doubtful
—

 
807

 
—

 
—

 
807

Credit Risk Profile Based on Payment Activity:
 
 
 
 
 
 
 
 
 
Performing
$
—

 
$
—

 
$
661,449

 
$
810,855

 
$
1,472,304

Nonperforming
—

 
—

 
459

 
1,825

 
2,284

 
 
 
 
 
 
 
 
 
 
December 31, 2017
 
 
 
 
 
 
 
 
 
Credit Risk Profile by Creditworthiness Category:
 
 
 
 
 
 
 
 
 
Satisfactory
$
124,961

 
$
417,362

 
$
—

 
$
—

 
$
542,323

Special Mention
1,341

 
177

 
—

 
—

 
1,518

Substandard
2,947

 
25,902

 
—

 
—

 
28,849

Doubtful
—

 
807

 
—

 
—

 
807

Credit Risk Profile Based on Payment Activity:
 
 
 
 
 
 
 
 
 
Performing
$
—

 
$
—

 
$
602,168

 
$
771,584

 
$
1,373,752

Nonperforming
—

 
—

 
659

 
3,068

 
3,727

 
 
 
 
 
 
 
 
 
 
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
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, 2018
 
 

 
 
 
 
 
 
Recorded Investment:
 
 
 
 
 
 
 
 
 
With No Related Allowance
$
—

 
$
7

 
$
110

 
$
784

 
$
901

With a Related Allowance
479

 
790

 
—

 
351

 
1,620

Unpaid Principal Balance:
 
 
 
 
 
 
 
 
 
With No Related Allowance
—

 
7

 
110

 
797

 
914

With a Related Allowance
489

 
806

 
—

 
283

 
1,578

 
 
 
 
 
 
 
 
 
 
December 31, 2017
 
 
 
 
 
 

 
 
Recorded Investment:
 
 
 
 
 
 
 
 
 
With No Related Allowance
$
—

 
$
781

 
$
94

 
$
1,269

 
$
2,144

With a Related Allowance
485

 
725

 
—

 
333

 
1,543

Unpaid Principal Balance:
 
 
 
 
 
 
 
 
 
With No Related Allowance
—

 
816

 
95

 
1,274

 
2,185

With a Related Allowance
489

 
721

 
—

 
288

 
1,498

 
 
 
 
 
 
 
 
 
 
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

 
 
 
 
 
 
 
 
 
 
For the Quarter Ended:
 
 
 
 
 
 
 
 
 
June 30, 2018
 
 
 
 
 
 
 
 
 
Average Recorded Balance:
 
 
 
 
 
 
 
 
 
With No Related Allowance
$
—

 
$
8

 
$
100

 
$
1,030

 
$
1,138

With a Related Allowance
481

 
787

 
—

 
354

 
1,622

Interest Income Recognized:
 
 
 
 
 
 
 
 
 
With No Related Allowance
—

 
—

 
—

 
—

 
—

With a Related Allowance
—

 
—

 
—

 
—

 
—

Cash Basis Income:
 
 
 
 
 
 
 
 
 
With No Related Allowance
—

 
—

 
—

 
—

 
—

With a Related Allowance
—

 
—

 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
 
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
—

 
—

 
—

 
—

 
—

Impaired Loans
 
 
 
Commercial
 
 
 
 
 
 
 
Commercial
 
Real Estate
 
Consumer
 
Residential
 
Total
For the Year-To-Date Period Ended:
 
 
 
 
 
 
 
 
 
June 30, 2018
 
 
 
 
 
 
 
 
 
Average Recorded Balance:

 
 
 
 
 
 
 
 
With No Related Allowance
$
—

 
$
394

 
$
102

 
$
1,027

 
$
1,523

With a Related Allowance
482

 
758

 
—

 
342

 
1,582

Interest Income Recognized:
 
 
 
 
 
 
 
 
 
With No Related Allowance
—

 
—

 
—

 
—

 
—

With a Related Allowance
—

 
—

 
—

 
24

 
24

Cash Basis Income:
 
 
 
 
 
 
 
 
 
With No Related Allowance
—

 
—

 
—

 
—

 
—

With a Related Allowance
—

 
—

 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
 
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
—

 
—

 
—

 
—

 
—
Troubled Debt Restructurings on Financing Receivables
The following table presents information on loans modified in trouble debt restructurings during the periods indicated.
Loans Modified in Trouble Debt Restructurings During the Period
 
 
 
Commercial
 
 
 
 
 
 
 
Commercial
 
Real Estate
 
Consumer
 
Residential
 
Total
For the Quarter Ended:
 
 
 
 
 
 
 
 
 
June 30, 2018
 
 
 
 
 
 
 
 
 
Number of Loans
—

 
—

 
3

 
—

 
3

Pre-Modification Outstanding Recorded Investment
$
—

 
$
—

 
$
26

 
$
—

 
$
26

Post-Modification Outstanding Recorded Investment
—

 
—

 
26

 
—

 
26

Subsequent Default, Number of Contracts
—

 
—

 
—

 
—

 
—

Subsequent Default, Recorded Investment
—

 
—

 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
 
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
—

 
—

 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
 
For the Year-To-Date Period Ended:
 
 
 
 
 
 
 
 
 
June 30, 2018
 
 
 
 
 
 
 
 
 
Number of Loans
—

 
—

 
4

 
—

 
4

Pre-Modification Outstanding Recorded Investment
$
—

 
$
—

 
$
28

 
$
—

 
$
28

Post-Modification Outstanding Recorded Investment
—

 
—

 
28

 
—

 
28

Subsequent Default, Number of Contracts
—

 
—

 
—

 
—

 
—

Subsequent Default, Recorded Investment
—

 
—

 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
 
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
—

 
—

 
—

 
—

 
—