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Loans (Tables)
 6 Months Ended
Jun. 30, 2021
Receivables [Abstract]  
Past Due Financing Receivables
The following two tables present loan balances outstanding as of June 30, 2021, 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. Loans held-for-sale of $1,992, $11,085 and $12,007 as of June 30, 2021, December 31, 2020 and June 30, 2020, respectively, are included in the residential real estate balances for current loans.

Schedule of Past Due Loans by Loan Category
Commercial
CommercialReal EstateConsumerResidentialTotal
June 30, 2021
Loans Past Due 30-59 Days$157 $— $3,508 $314 $3,979 
Loans Past Due 60-89 Days— — 1,610 1,462 3,072 
Loans Past Due 90 or more Days50 1,641 456 1,904 4,051 
Total Loans Past Due207 1,641 5,574 3,680 11,102 
Current Loans242,583 596,601 886,975 906,821 2,632,980 
Total Loans$242,790 $598,242 $892,549 $910,501 $2,644,082 
December 31, 2020
Loans Past Due 30-59 Days$102 $— $4,976 $261 $5,339 
Loans Past Due 60-89 Days113 — 2,713 1,279 4,105 
Loans Past Due 90 or more Days78 1,658 1,379 1,224 4,339 
Total Loans Past Due293 1,658 9,068 2,764 13,783 
Current Loans240,261 570,129 850,700 920,157 2,581,247 
Total Loans$240,554 $571,787 $859,768 $922,921 $2,595,030 
June 30, 2020
Loans Past Due 30-59 Days$172 $— $4,696 $194 $5,062 
Loans Past Due 60-89 Days128 — 3,227 481 3,836 
Loans Past Due 90 or more Days116 1,481 1,572 1,637 4,806 
Total Loans Past Due416 1,481 9,495 2,312 13,704 
Current Loans276,255 531,551 818,998 921,407 2,548,211 
Total Loans$276,671 $533,032 $828,493 $923,719 $2,561,915 
Schedule of Non Accrual Loans by Category
Commercial
June 30, 2021CommercialReal EstateConsumerResidentialTotal
Loans 90 or More Days Past Due
  and Still Accruing Interest		$— $— $159 $436 $595 
Nonaccrual Loans69 4,425 401 2,207 7,102 
Nonaccrual With No Allowance for Credit Loss69 1,641 401 2,207 4,318 
Interest Income on Nonaccrual Loans— — — — — 
December 31, 2020
Loans 90 or More Days Past Due
  and Still Accruing Interest		$— $184 $— $44 $228 
Nonaccrual Loans78 1,475 1,470 3,010 6,033 
June 30, 2020
Loans 90 or More Days Past Due
  and Still Accruing Interest		$8 $237 $505 $151 $901 
Nonaccrual Loans163 1,439 1,304 2,555 5,461 
Allowance for Credit Losses on Financing Receivables
The following tables present the amortized cost basis of collateral-dependent loans by class of loans as of June 30, 2021:
June 30, 2021Collateral Type -Residential Real EstateCollateral Type - Commercial Real EstateTotal Loans
Commercial$— $— $— 
Commercial Real Estate— 3,913 3,913 
Consumer— — — 
Residential677 — 677 
Total$677 $3,913 $4,590 
The following table details activity in the allowance for credit losses on loans for the three and six months ended June 30, 2021 and June 30, 2020. Arrow adopted ASU 2016-13 on January 1, 2021. Results for the periods beginning after January 1, 2021 are presented under ASC 326 and prior periods continue to be reported in accordance with previously applicable US GAAP.

Allowance for Credit Losses
CommercialCommercial Real EstateConsumerResidentialTotal
Rollforward of the Allowance for Credit Losses for the Quarterly Period:
March 31, 2021$4,297 $11,944 $2,429 $8,170 $26,840 
Charge-offs(17)— (426)— (443)
Recoveries— — 350 — 350 
Provision(2,039)1,662 90 550 263 
June 30, 2021$2,241 $13,606 $2,443 $8,720 $27,010 
December 31, 2020$2,173 $9,990 $11,562 $5,507 $29,232 
Impact of Adoption ASC 3262,084 2,064 (9,383)3,935 (1,300)
Balance as of January 1, 2021 as adjusted for ASU 2016-134,257 12,054 2,179 9,442 27,932 
Charge-offs(20)— (1,053)(3)(1,076)
Recoveries— — 539 — 539 
Provision(1,996)1,552 778 (719)(385)
June 30, 2021$2,241 $13,606 $2,443 $8,720 $27,010 

Allowance for Loan Losses
CommercialCommercial Real EstateConsumerResidentialTotal
Rollforward of the Allowance for Loan Losses for the Quarterly Period:
March 31, 2020$1,639 $7,065 $10,004 $4,929 $23,637 
Charge-offs(6)— (431)(50)$(487)
Recoveries3 — 107 — $110 
Provision281 1,296 959 504 $3,040 
June 30, 2020$1,917 $8,361 $10,639 $5,383 $26,300 
Allowance for Credit Losses - Collectively and Individually Evaluated
CommercialCommercial Real EstateConsumerResidentialTotal
June 30, 2021
Ending Loan Balance - Collectively Evaluated$242,790 $594,329 $892,549 $909,824 $2,639,492 
Allowance for Credit Losses - Loans Collectively Evaluated2,241 12,990 2,443 8,720 26,394 
Ending Loan Balance - Individually Evaluated— 3,913 — 677 4,590 
Allowance for Credit Losses - Loans Individually Evaluated— 616 — — 616 

The following table presents information pertaining to the allowance for loan losses as of December 31, 2020 and June 30, 2020, as determined in accordance with ASC 310, prior to the adoption of ASU 2016-13:

Allowance for Loan Losses - Collectively and Individually Evaluated for Impairment
CommercialCommercial Real EstateConsumerResidentialTotal
December 31, 2020
Ending Loan Balance - Collectively Evaluated for Impairment$240,507 $570,659 $859,657 $921,504 $2,592,327 
Allowance for Loan Losses - Loans Collectively Evaluated for Impairment2,154 9,990 11,562 5,485 $29,191 
Ending Loan Balance - Individually Evaluated for Impairment47 1,128 111 1,417 2,703 
Allowance for Loan Losses - Loans Individually Evaluated for Impairment19 — — 22 41 
June 30, 2020
Ending Loan Balance - Collectively Evaluated for Impairment$276,620 $531,898 $828,377 $922,767 $2,559,662 
Allowance for Loan Losses - Loans Collectively Evaluated for Impairment1,898 8,361 10,639 5,346 26,244 
Ending Loan Balance - Individually Evaluated for Impairment51 1,134 116 952 2,253 
Allowance for Loan Losses - Loans Individually Evaluated for Impairment19 — — 37 56 
Financing Receivable Credit Quality Indicators
The following table presents credit quality indicators by total loans amortized cost basis by origination year as of June 30, 2021.

Term Loans Amortized Cost Basis by Origination YearRevolving Loans Amortized Cost BasisRevolving Loan Converted to TermTotal
June 30, 202120212020201920182017Prior
Commercial:
Risk rating
Satisfactory$98,633 $64,854 $15,714 $14,316 $9,067 $11,486 $14,083 $— $228,153 
Special mention— 666 58 — — 50 — — 774 
Substandard143 9,458 667 — 39 3,509 47 — 13,863 
Doubtful— — — — — — — — — 
Total Commercial Loans$98,776 $74,978 $16,439 $14,316 $9,106 $15,045 $14,130 $— $242,790 
Commercial Real Estate:
Risk rating
Satisfactory$68,576 $297,152 $49,458 $40,229 $24,142 $66,277 $2,145 $— $547,979 
Special mention— 20,380 1,982 — 140 1,127 — — 23,629 
Substandard6,923 5,990 3,981 132 — 9,584 24 — 26,634 
Doubtful— — — — — — — — — 
Total Commercial Real Estate Loans$75,499 $323,522 $55,421 $40,361 $24,282 $76,988 $2,169 $— $598,242 
Consumer:
Risk rating
Performing$219,782 $292,852 $198,930 $115,042 $45,994 $18,941 $449 $— $891,990 
Nonperforming28 158 145 118 87 23 — — 559 
Total Consumer Loans$219,810 $293,010 $199,075 $115,160 $46,081 $18,964 $449 $— $892,549 
Residential:
Risk rating
Performing$70,131 $156,496 $107,323 $100,447 $103,671 $246,277 $123,514 $— $907,859 
Nonperforming— 203 436 27 148 1,796 32 — 2,642 
Total Residential Loans$70,131 $156,699 $107,759 $100,474 $103,819 $248,073 $123,546 $— $910,501 
Total Loans$464,216 $848,209 $378,694 $270,311 $183,288 $359,070 $140,294 $— $2,644,082 
The following table presents information pertaining to loan credit quality indicators as of December 31, 2020 and June 30, 2020, as determined in accordance with ASC 310, prior to the adoption of ASU 2016-13:

Loan Credit Quality Indicators
Commercial
CommercialReal EstateConsumerResidentialTotal
December 31, 2020
Credit Risk Profile by Creditworthiness Category:
Satisfactory$229,351 $525,609 $754,960 
Special Mention1,574 16,213 17,787 
Substandard9,629 29,965 39,594 
Doubtful— — — 
Performing$858,298 $919,867 $1,778,165 
Nonperforming1,470 3,054 4,524 
June 30, 2020
Credit Risk Profile by Creditworthiness Category:
Satisfactory$268,315 $498,049 $766,364 
Special Mention1,560 5,830 7,390 
Substandard6,796 29,153 35,949 
Doubtful— — — 
Credit Risk Profile Based on Payment Activity:
Performing$826,684 $921,013 $1,747,697 
Nonperforming1,809 2,706 4,515 
Impaired Financing Receivables
The following table presents information on impaired loans as of December 31, 2020 and June 30, 2020 based on whether the impaired loan has a recorded related allowance or has no recorded related allowance, as determined in accordance with ASC 310, prior to the adoption of ASU 2016-13:
Impaired Loans
Commercial
CommercialReal EstateConsumerResidentialTotal
December 31, 2020
Recorded Investment:
With No Related Allowance$— $1,124 $112 $1,174 $2,410 
With a Related Allowance46 — — 244 290 
Unpaid Principal Balance:
With No Related Allowance— 1,128 111 1,174 2,413 
With a Related Allowance47 — — 244 291 
June 30, 2020
Recorded Investment:
With No Related Allowance$3 $1,130 $116 $697 $1,946 
With a Related Allowance46 — — 256 302 
Unpaid Principal Balance:
With No Related Allowance3 1,134 116 697 $1,950 
With a Related Allowance47 — — 256 303 
June 30, 2020
Average Recorded Balance:
With No Related Allowance$2 $565 $112 $698 $1,377 
With a Related Allowance40 — — 258 298 
Interest Income Recognized:
With No Related Allowance— 10 — — 10 
With a Related Allowance— — — — — 
Cash Basis Income:
With No Related Allowance— — — — — 
With a Related Allowance— — — — — 
Troubled Debt Restructurings on Financing Receivables
The following table presents information on loans modified in trouble debt restructurings during the periods indicated.
Loans Modified in Trouble Debt Restructurings During the Period
Commercial
CommercialReal EstateConsumerResidentialTotal
For the Quarter Ended:
June 30, 2021
Number of Loans— — — — — 
Pre-Modification Outstanding Recorded Investment$— $— $— $— $— 
Post-Modification Outstanding Recorded Investment— — — — — 
Subsequent Default, Number of Contracts— — — — — 
Subsequent Default, Recorded Investment— — — — — 
June 30, 2020
Number of Loans— — 1 — 1 
Pre-Modification Outstanding Recorded Investment$— $— $16 $— $16 
Post-Modification Outstanding Recorded Investment— — 16 — 16 
Subsequent Default, Number of Contracts— — — — — 
Subsequent Default, Recorded Investment— — — — —