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Loans (Tables)
3 Months Ended
Mar. 31, 2019
Loans and Leases Receivable Disclosure [Abstract]  
Past Due Financing Receivables
The following table presents loan balances outstanding as of March 31, 2019, December 31, 2018 and March 31, 2018 and an analysis of the recorded investment in loans that are past due at these dates.  Generally, Arrow considers a loan past due 30 or more days when the borrower is two payments past due.
Schedule of Past Due Loans by Loan Category
 
 
 
Commercial
 
 
 
 
 
 
 
Commercial
 
Real Estate
 
Consumer
 
Residential
 
Total
March 31, 2019
 
 
 
 
 
 
 
 
 
Loans Past Due 30-59 Days
$
168

 
$
208

 
$
4,758

 
$
1,345

 
$
6,479

Loans Past Due 60-89 Days

 

 
1,387

 
207

 
1,594

Loans Past Due 90 or more Days
17

 
108

 
369

 
1,610

 
2,104

Total Loans Past Due
185

 
316

 
6,514

 
3,162

 
10,177

Current Loans
133,091

 
493,071

 
740,285

 
858,584

 
2,225,031

Total Loans
$
133,276

 
$
493,387

 
$
746,799

 
$
861,746

 
$
2,235,208

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

 
$

 
$

 
$
64

 
$
64

Nonaccrual Loans
415

 
248

 
588

 
3,892

 
5,143

 
 
 
 
 
 
 
 
 
 
December 31, 2018
 
 
 
 
 
 
 
 
 
Loans Past Due 30-59 Days
$
121

 
$
108

 
$
5,369

 
$
281

 
$
5,879

Loans Past Due 60-89 Days
49

 

 
2,136

 
1,908

 
4,093

Loans Past Due 90 or more Days

 
789

 
572

 
1,844

 
3,205

Total Loans Past Due
170

 
897

 
8,077

 
4,033

 
13,177

Current Loans
136,720

 
483,665

 
711,433

 
851,220

 
2,183,038

Total Loans
$
136,890

 
$
484,562

 
$
719,510

 
$
855,253

 
$
2,196,215

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

 
$

 
$
144

 
$
1,081

 
$
1,225

Nonaccrual Loans
403

 
789

 
658

 
2,309

 
4,159

 
 
 
 
 
 
 
 
 
 
March 31, 2018
 
 
 
 
 
 
 
 
 
Loans Past Due 30-59 Days
$
45

 
$
156

 
$
3,673

 
$
1,711

 
$
5,585

Loans Past Due 60-89 Days
60

 

 
751

 
481

 
1,292

Loans Past Due 90 or more Days
41

 
807

 
252

 
321

 
1,421

Total Loans Past Due
146

 
963

 
4,676

 
2,513

 
8,298

Current Loans
127,528

 
454,095

 
621,964

 
781,152

 
1,984,739

Total Loans
$
127,674

 
$
455,058

 
$
626,640

 
$
783,665

 
$
1,993,037

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

 
$

 
$

 
$

 
$

Nonaccrual Loans
652

 
807

 
441

 
2,570

 
4,470

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:
 
 
 
 
 
 
 
 
 
December 31, 2018
$
1,218

 
$
5,644

 
$
8,882

 
$
4,452

 
$
20,196

Charge-offs
(1
)
 
(29
)
 
(418
)
 
(14
)
 
(462
)
Recoveries

 

 
167

 

 
167

Provision
33

 
(26
)
 
778

 
(313
)
 
472

March 31, 2019
$
1,250

 
$
5,589

 
$
9,409

 
$
4,125

 
$
20,373

 
 
 
 
 
 
 
 
 
 
December 31, 2017
$
1,873

 
$
4,504

 
$
7,604

 
$
4,605

 
$
18,586

Charge-offs
(16
)
 
1

 
(347
)
 
(8
)
 
(370
)
Recoveries

 
9

 
86

 

 
95

Provision
311

 
(151
)
 
676

 
(90
)
 
746

March 31, 2018
$
2,168

 
$
4,363

 
$
8,019

 
$
4,507

 
$
19,057

 
 
 
 
 
 
 
 
 
 
Allowance for Loan Losses
 
 
 
Commercial
 
 
 
 
 
 
 
Commercial
 
Real Estate
 
Consumer
 
Residential
 
Total
March 31, 2019
 
 
 
 
 
 
 
 
 
Allowance for loan losses - Loans Individually Evaluated for Impairment
$

 
$

 
$

 
$

 
$

Allowance for loan losses - Loans Collectively Evaluated for Impairment
1,250

 
5,589

 
9,409

 
4,125

 
20,373

Ending Loan Balance - Individually Evaluated for Impairment
40

 
387

 
101

 
2,417

 
2,945

Ending Loan Balance - Collectively Evaluated for Impairment
$
133,236

 
$
493,000

 
$
746,698

 
$
859,329

 
$
2,232,263

 
 
 
 
 
 
 
 
 
 
December 31, 2018
 
 
 
 
 
 
 
 
 
Allowance for loan losses - Loans Individually Evaluated for Impairment
$

 
$

 
$

 
$
4

 
$
4

Allowance for loan losses - Loans Collectively Evaluated for Impairment
1,218

 
5,644

 
8,882

 
4,448

 
20,192

Ending Loan Balance - Individually Evaluated for Impairment
430

 
793

 
101

 
1,899

 
3,223

Ending Loan Balance - Collectively Evaluated for Impairment
$
136,460

 
$
483,769

 
$
719,409

 
$
853,354

 
$
2,192,992

 
 
 
 
 
 
 
 
 
 
March 31, 2018
 
 
 
 
 
 
 
 
 
Allowance for loan losses - Loans Individually Evaluated for Impairment
$
92

 
$
42

 
$

 
$
58

 
$
192

Allowance for loan losses - Loans Collectively Evaluated for Impairment
2,076

 
4,321

 
8,019

 
4,449

 
18,865

Ending Loan Balance - Individually Evaluated for Impairment
489

 
815

 
91

 
1,564

 
2,959

Ending Loan Balance - Collectively Evaluated for Impairment
$
127,185

 
$
454,243

 
$
626,549

 
$
782,101

 
$
1,990,078

    
Financing Receivable Credit Quality Indicators
The following table presents the credit quality indicators by loan category at March 31, 2019, December 31, 2018 and March 31, 2018:
Loan Credit Quality Indicators
 
 
 
Commercial
 
 
 
 
 
 
 
Commercial
 
Real Estate
 
Consumer
 
Residential
 
Total
March 31, 2019
 
 
 
 
 
 
 
 
 
Credit Risk Profile by Creditworthiness Category:
 
 
 
 
 
 
 
 
 
Satisfactory
$
125,918

 
$
465,216

 
 
 
 
 
$
591,134

Special Mention
133

 
2,268

 
 
 
 
 
2,401

Substandard
7,225

 
25,903

 
 
 
 
 
33,128

Doubtful

 

 
 
 
 
 

Credit Risk Profile Based on Payment Activity:
 
 
 
 
 
 
 
 
 
Performing
 
 
 
 
$
746,211

 
$
857,790

 
$
1,604,001

Nonperforming
 
 
 
 
588

 
3,956

 
4,544

 
 
 
 
 
 
 
 
 
 
December 31, 2018
 
 
 
 
 
 
 
 
 
Credit Risk Profile by Creditworthiness Category:
 
 
 
 
 
 
 
 
 
Satisfactory
$
129,584

 
$
456,868

 
 
 
 
 
$
586,452

Special Mention

 

 
 
 
 
 

Substandard
7,306

 
26,905

 
 
 
 
 
34,211

Doubtful

 
789

 
 
 
 
 
789

Credit Risk Profile Based on Payment Activity:
 
 
 
 
 
 
 
 
 
Performing
 
 
 
 
$
718,708

 
$
851,863

 
$
1,570,571

Nonperforming
 
 
 
 
802

 
3,390

 
4,192

 
 
 
 
 
 
 
 
 
 
March 31, 2018
 
 
 
 
 
 
 
 
 
Credit Risk Profile by Creditworthiness Category:
 
 
 
 
 
 
 
 
 
Satisfactory
$
107,838

 
$
430,121

 
 
 
 
 
$
537,959

Special Mention
17,220

 
611

 
 
 
 
 
17,831

Substandard
2,615

 
23,521

 
 
 
 
 
26,136

Doubtful

 
807

 
 
 
 
 
807

Credit Risk Profile Based on Payment Activity:
 
 
 
 
 
 
 
 
 
Performing
 
 
 
 
$
626,198

 
$
781,095

 
$
1,407,293

Nonperforming
 
 
 
 
441

 
2,570

 
3,011

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, 2019
 
 

 
 
 
 
 
 
Recorded Investment:
 
 
 
 
 
 
 
 
 
With No Related Allowance
$
38

 
$
389

 
$
101

 
$
2,417

 
$
2,945

With a Related Allowance

 

 

 

 

Unpaid Principal Balance:
 
 
 
 
 
 
 
 
 
With No Related Allowance
424

 
2

 
101

 
2,416

 
2,943

With a Related Allowance

 

 

 

 

 
 
 
 
 
 
 
 
 
 
December 31, 2018
 
 
 
 
 
 

 
 
Recorded Investment:
 
 
 
 
 
 
 
 
 
With No Related Allowance
$
430

 
$
793

 
$
101

 
$
1,605

 
$
2,929

With a Related Allowance

 

 

 
294

 
294

Unpaid Principal Balance:
 
 
 
 
 
 
 
 
 
With No Related Allowance
429

 
793

 
100

 
1,606

 
2,928

With a Related Allowance

 

 

 
293

 
293

 
 
 
 
 
 
 
 
 
 
March 31, 2018
 
 
 
 
 
 
 
 
 
Recorded Investment:
 
 
 
 
 
 
 
 
 
With No Related Allowance
$

 
$
8

 
$
90

 
$
1,276

 
$
1,374

With a Related Allowance
483

 
783

 

 
356

 
1,622

Unpaid Principal Balance:
 
 
 
 
 
 
 
 
 
With No Related Allowance

 
8

 
90

 
1,279

 
$
1,377

With a Related Allowance
489

 
807

 

 
286

 
1,582

 
 
 
 
 
 
 
 
 
 
For the Quarter Ended:
 
 
 
 
 
 
 
 
 
March 31, 2019
 
 
 
 
 
 
 
 
 
Average Recorded Balance:
 
 
 
 
 
 
 
 
 
With No Related Allowance
$
234

 
$
591

 
$
101

 
$
2,011

 
$
2,937

With a Related Allowance

 

 

 
147

 
147

Interest Income Recognized:
 
 
 
 
 
 
 
 
 
With No Related Allowance

 

 

 

 

With a Related Allowance

 

 

 

 

Cash Basis Income:
 
 
 
 
 
 
 
 
 
With No Related Allowance

 

 

 

 

With a Related Allowance

 

 

 

 

 
 
 
 
 
 
 
 
 
 
March 31, 2018
 
 
 
 
 
 
 
 
 
Average Recorded Balance:
 
 
 
 
 
 
 
 
 
With No Related Allowance
$

 
$
395

 
$
92

 
$
1,273

 
$
1,760

With a Related Allowance
484

 
754

 

 
345

 
1,583

Interest Income Recognized:
 
 
 
 
 
 
 
 
 
With No Related Allowance

 

 

 
16

 
16

With a Related Allowance

 

 

 
24

 
24

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:
 
 
 
 
 
 
 
 
 
March 31, 2019
 
 
 
 
 
 
 
 
 
Number of Loans

 

 
1

 

 
1

Pre-Modification Outstanding Recorded Investment
$

 
$

 
$
13

 
$

 
$
13

Post-Modification Outstanding Recorded Investment

 

 
13

 

 
13

Subsequent Default, Number of Contracts

 

 

 

 

Subsequent Default, Recorded Investment

 

 

 

 

 
 
 
 
 
 
 
 
 
 
March 31, 2018
 
 
 
 
 
 
 
 
 
Number of Loans

 

 
1

 

 
1

Pre-Modification Outstanding Recorded Investment
$

 
$

 
$
3

 
$

 
$
3

Post-Modification Outstanding Recorded Investment

 

 
3

 

 
3

Subsequent Default, Number of Contracts

 

 

 

 

Subsequent Default, Recorded Investment