Cash and Cash Equivalents (Tables)

6 Months Ended

Jun. 30, 2021

Cash and Cash Equivalents [Abstract]

Schedule of Cash and Cash Equivalents

The following table is the schedule of Cash and Cash Equivalents at June 30, 2021, December 31, 2020 and June 30, 2020.
		June 30, 2021		December 31, 2020		June 30, 2020
Cash and Due From Banks		$	44,760	$	42,116	$	38,267
Interest-Bearing Deposits at Banks		433,468		338,875		215,003
Total Cash and Cash Equivalents		$	478,228	380,991		253,270
Supplemental Information:
Total required reserves, including vault cash and Federal Reserve Bank deposits 1		$	—	$	—	$	—
Restricted cash pledged as collateral related to swap agreements and included in Cash and Due From Banks		$	—	$	500	$	1,850
1.	Until March 2020, Arrow was required to maintain reserve balances with the Federal Reserve Bank of New York. In March 2020, the Federal Reserve Board reduced reserve requirement ratios to zero percent to free up liquidity in the banking industry to support lending to households and businesses.

Restrictions on Cash and Cash Equivalents

The following table is the schedule of Cash and Cash Equivalents at June 30, 2021, December 31, 2020 and June 30, 2020.
		June 30, 2021		December 31, 2020		June 30, 2020
Cash and Due From Banks		$	44,760	$	42,116	$	38,267
Interest-Bearing Deposits at Banks		433,468		338,875		215,003
Total Cash and Cash Equivalents		$	478,228	380,991		253,270
Supplemental Information:
Total required reserves, including vault cash and Federal Reserve Bank deposits 1		$	—	$	—	$	—
Restricted cash pledged as collateral related to swap agreements and included in Cash and Due From Banks		$	—	$	500	$	1,850
1.	Until March 2020, Arrow was required to maintain reserve balances with the Federal Reserve Bank of New York. In March 2020, the Federal Reserve Board reduced reserve requirement ratios to zero percent to free up liquidity in the banking industry to support lending to households and businesses.