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Loans (Tables)
 3 Months Ended
Mar. 31, 2024
Receivables [Abstract]  
Past Due Financing Receivables
The following two tables present loan balances outstanding as of March 31, 2024, December 31, 2023 and March 31, 2023 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 $215, $165 and $417 as of March 31, 2024, December 31, 2023 and March 31, 2023, respectively, are included in the residential real estate balances for current loans.

Schedule of Past Due Loans by Loan Category
Commercial
CommercialReal EstateConsumerResidentialTotal
March 31, 2024
Loans Past Due 30-59 Days$419 $494 $12,140 $2,215 $15,268 
Loans Past Due 60-89 Days24 — 2,600 409 3,033 
Loans Past Due 90 or more Days35 15,148 1,429 3,506 20,118 
Total Loans Past Due478 15,642 16,169 6,130 38,419 
Current Loans161,911 735,327 1,109,585 1,213,516 3,220,339 
Total Loans$162,389 $750,969 $1,125,754 $1,219,646 $3,258,758 
December 31, 2023
Loans Past Due 30-59 Days$298 $— $13,511 $3,715 $17,524 
Loans Past Due 60-89 Days21 636 5,579 861 7,097 
Loans Past Due 90 or more Days30 15,308 1,801 3,140 20,279 
Total Loans Past Due349 15,944 20,891 7,716 44,900 
Current Loans155,875 729,543 1,090,776 1,191,814 3,168,008 
Total Loans$156,224 $745,487 $1,111,667 $1,199,530 $3,212,908 
March 31, 2023
Loans Past Due 30-59 Days$62 $— $11,237 $1,593 $12,892 
Loans Past Due 60-89 Days47 — 4,439 — 4,486 
Loans Past Due 90 or more Days— — 3,005 3,143 6,148 
Total Loans Past Due109 — 18,681 4,736 23,526 
Current Loans135,808 715,357 1,054,688 1,075,973 2,981,826 
Total Loans$135,917 $715,357 $1,073,369 $1,080,709 $3,005,352 

Schedule of Non Accrual Loans by Category
Commercial
March 31, 2024CommercialReal EstateConsumerResidentialTotal
Loans 90 or More Days Past Due
  and Still Accruing Interest		$— $— $13 $1,134 $1,147 
Nonaccrual Loans35 15,148 1,525 3,536 20,244 
Nonaccrual With No Allowance for Credit Loss35 15,148 1,525 3,536 20,244 
Interest Income on Nonaccrual Loans— — — — — 
December 31, 2023
Loans 90 or More Days Past Due
  and Still Accruing Interest		$— $— $6 $446 $452 
Nonaccrual Loans30 15,308 1,877 3,430 20,645 
March 31, 2023
Loans 90 or More Days Past Due
  and Still Accruing Interest		$— $— $— $241 $241 
Nonaccrual Loans8 3,085 3,123 4,636 10,852 
Allowance for Credit Losses on Financing Receivables
The following table details activity in the allowance for credit losses on loans for the three ended March 31, 2024 and March 31, 2023:

Allowance for Credit Losses
CommercialCommercial Real EstateConsumerResidentialTotal
Rollforward of the Allowance for Credit Losses for the Quarterly Period:
December 31, 2023$1,958 $15,521 $2,566 $11,220 $31,265 
Charge-offs$(9)$— $(1,274)$— $(1,283)
Recoveries$— $— $962 $— $962 
Provision$893 $(1,353)$502 $575 $617 
March 31, 2024$2,842 $14,168 $2,756 $11,795 $31,561 
December 31, 2022$1,961 $15,213 $2,585 $10,193 $29,952 
Charge-offs$— $— $(1,328)$— $(1,328)
Recoveries$— $— $606 $— $606 
Provision$(224)$289 $1,000 $489 $1,554 
March 31, 2023$1,737 $15,502 $2,863 $10,682 $30,784 
The following tables present the amortized cost basis of collateral-dependent loans by class of loans as of March 31, 2024, December 31, 2023 and March 31, 2023:
March 31, 2024Collateral Type -Residential Real EstateCollateral Type - Commercial Real EstateTotal Loans
Commercial$— $— $— 
Commercial Real Estate— 15,179 15,179 
Consumer— — — 
Residential1,886 — 1,886 
Total$1,886 $15,179 $17,065 

December 31, 2023Collateral Type -Residential Real EstateCollateral Type - Commercial Real EstateTotal Loans
Commercial$— $— $— 
Commercial Real Estate— 15,308 15,308 
Consumer— — — 
Residential1,446 — 1,446 
Total$1,446 $15,308 $16,754 

March 31, 2023Collateral Type -Residential Real EstateCollateral Type - Commercial Real EstateTotal Loans
Commercial$— $— $— 
Commercial Real Estate— 3,027 3,027 
Consumer— — — 
Residential1,949 — 1,949 
Total$1,949 $3,027 $4,976 



Allowance for Credit Losses - Collectively and Individually Evaluated
CommercialCommercial Real EstateConsumerResidentialTotal
March 31, 2024
Ending Loan Balance - Collectively Evaluated$160,894 $735,821 $1,125,754 $1,217,758 $3,240,227 
Allowance for Credit Losses - Loans Collectively Evaluated2,110 14,168 2,756 11,795 30,829 
Ending Loan Balance - Individually Evaluated1,495 15,148 — 1,888 18,531 
Allowance for Credit Losses - Loans Individually Evaluated732 — — — 732 
December 31, 2023
Ending Loan Balance - Collectively Evaluated$156,224 $730,179 $1,111,667 $1,198,084 $3,196,154 
Allowance for Credit Losses - Loans Collectively Evaluated1,958 15,521 2,566 11,220 31,265 
Ending Loan Balance - Individually Evaluated— 15,308 — 1,446 16,754 
Allowance for Credit Losses - Loans Individually Evaluated— — — — — 
March 31, 2023
Ending Loan Balance - Collectively Evaluated$135,917 $712,330 $1,073,369 $1,078,760 $3,000,376 
Allowance for Credit Losses - Loans Collectively Evaluated1,737 15,502 2,863 10,682 30,784 
Ending Loan Balance - Individually Evaluated— 3,027 — 1,949 4,976 
Allowance for Credit Losses - Loans Individually Evaluated— — — — — 
Financing Receivable Credit Quality Indicators
The following tables present credit quality indicators by total loans amortized cost basis by origination year as of March 31, 2024, December 31, 2023 and March 31, 2023:

Term Loans Amortized Cost Basis by Origination YearRevolving Loans Amortized Cost BasisRevolving Loan Converted to TermTotal
March 31, 202420242023202220212020Prior
Commercial:
Risk rating
Satisfactory$8,925 $25,424 $18,661 $17,276 $5,645 $69,588 $9,915 $— $155,434 
Special mention— — — — 106 — — — 106 
Substandard— — — — — 3,129 3,720 — 6,849 
Doubtful— — — — — — — — — 
Total Commercial Loans$8,925 $25,424 $18,661 $17,276 $5,751 $72,717 $13,635 $— $162,389 
Current-period gross charge-offs$— $— $— $— $9 $— $— $— $9 
Commercial Real Estate:
Risk rating
Satisfactory$9,548 $50,480 $109,750 $60,070 $84,319 $368,036 $1,885 $— $684,088 
Special mention— — 3,092 — — 15,380 — — 18,472 
Substandard— 149 9,038 1,670 2,328 35,102 122 — 48,409 
Doubtful— — — — — — — — — 
Total Commercial Real Estate Loans$9,548 $50,629 $121,880 $61,740 $86,647 $418,518 $2,007 $— $750,969 
Current-period gross charge-offs$— $— $— $— $— $— $— $— $— 
Consumer:
Risk rating
Performing$83,515 $261,853 $208,788 $110,546 $50,713 $407,586 $459 $— $1,123,460 
Nonperforming— 136 291 182 64 1,611 10 — 2,294 
Total Consumer Loans$83,515 $261,989 $209,079 $110,728 $50,777 $409,197 $469 $— $1,125,754 
Current-period gross charge-offs$583 $150 $248 $177 $104 $12 $— $— $1,274 
Residential:
Risk rating
Performing$12,555 $82,726 $185,667 $166,141 $86,843 $564,901 $115,104 $— $1,213,937 
Nonperforming— 189 442 1,654 — 3,094 330 — 5,709 
Total Residential Loans$12,555 $82,915 $186,109 $167,795 $86,843 $567,995 $115,434 $— $1,219,646 
Current-period gross charge-offs$— $— $— $— $— $— $— $— $— 
Total Loans$114,543 $420,957 $535,729 $357,539 $230,018 $1,468,427 $131,545 $— $3,258,758 
Term Loans Amortized Cost Basis by Origination YearRevolving Loans Amortized Cost BasisRevolving Loan Converted to TermTotal
December 31, 202320232022202120202019Prior
Commercial:
Risk rating
Satisfactory$54,584 $34,047 $23,470 $9,655 $4,107 $13,360 $8,586 $— $147,809 
Special mention— — — 117 — — — — 117 
Substandard— — — — — 3,199 5,099 — 8,298 
Doubtful— — — — — — — — — 
Total Commercial Loans$54,584 $34,047 $23,470 $9,772 $4,107 $16,559 $13,685 $— $156,224 
Commercial Real Estate:
Risk rating
Satisfactory$81,582 $151,818 $105,365 $120,845 $41,406 $174,516 $1,667 $— $677,199 
Special mention— 10,439 — — — 4,084 — — 14,523 
Substandard150 9,169 1,670 2,533 791 38,955 497 — 53,765 
Doubtful— — — — — — — — — 
Total Commercial Real Estate Loans$81,732 $171,426 $107,035 $123,378 $42,197 $217,555 $2,164 $— $745,487 
Consumer:
Risk rating
Performing$405,099 $355,217 $195,799 $93,708 $44,206 $15,252 $— $— $1,109,281 
Nonperforming208 783 551 210 81 85 468 — 2,386 
Total Consumer Loans$405,307 $356,000 $196,350 $93,918 $44,287 $15,337 $468 $— $1,111,667 
Residential:
Risk rating
Performing$161,878 $231,365 $192,588 $116,451 $73,875 $296,935 $122,573 $— $1,195,665 
Nonperforming— — 444 666 127 2,268 360 — 3,865 
Total Residential Loans$161,878 $231,365 $193,032 $117,117 $74,002 $299,203 $122,933 $— $1,199,530 
Total Loans$703,501 $792,838 $519,887 $344,185 $164,593 $548,654 $139,250 $— $3,212,908 
Term Loans Amortized Cost Basis by Origination YearRevolving Loans Amortized Cost BasisRevolving Loan Converted to TermTotal
March 31, 202320232022202120202019Prior
Commercial:
Risk rating
Satisfactory$4,727 $35,164 $26,254 $12,765 $6,830 $35,014 $8,095 $— $128,849 
Special mention— — — 150 — 26 26 — 202 
Substandard— — — 230 420 3,420 2,796 — 6,866 
Doubtful— — — — — — — — — 
Total Commercial Loans$4,727 $35,164 $26,254 $13,145 $7,250 $38,460 $10,917 $— $135,917 
Commercial Real Estate:
Risk rating
Satisfactory$12,605 $157,534 $115,019 $122,364 $42,710 $212,115 $1,679 $— $664,026 
Special mention— — — — — 5,043 — — 5,043 
Substandard— 10,150 — 5,472 806 29,832 28 — 46,288 
Doubtful— — — — — — — — — 
Total Commercial Real Estate Loans$12,605 $167,684 $115,019 $127,836 $43,516 $246,990 $1,707 $— $715,357 
Consumer:
Risk rating
Performing$71,838 $379,339 $261,675 $138,034 $75,650 $143,190 $— $— $1,069,726 
Nonperforming— 1,030 1,090 434 261 371 457 — 3,643 
Total Consumer Loans$71,838 $380,369 $262,765 $138,468 $75,911 $143,561 $457 $— $1,073,369 
Residential:
Risk rating
Performing$15,565 $219,336 $197,436 $124,992 $80,986 $323,945 $113,220 $— $1,075,480 
Nonperforming— 550 435 939 636 2,462 207 — 5,229 
Total Residential Loans$15,565 $219,886 $197,871 $125,931 $81,622 $326,407 $113,427 $— $1,080,709 
Total Loans$104,735 $803,103 $601,909 $405,380 $208,299 $755,418 $126,508 $— $3,005,352