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Loans (Tables)
 6 Months Ended
Jun. 30, 2024
Receivables [Abstract]  
Past Due Financing Receivables
The following two tables present loan balances outstanding as of June 30, 2024, December 31, 2023 and June 30, 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 $998, $165 and $312 as of June 30, 2024, December 31, 2023 and June 30, 2023, 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, 2024
Loans Past Due 30-59 Days$466 $300 $11,735 $2,338 $14,839 
Loans Past Due 60-89 Days45 489 4,295 1,408 6,237 
Loans Past Due 90 or more Days79 15,148 1,207 3,359 19,793 
Total Loans Past Due590 15,937 17,237 7,105 40,869 
Current Loans163,242 741,541 1,121,576 1,248,295 3,274,654 
Total Loans$163,832 $757,478 $1,138,813 $1,255,400 $3,315,523 
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 
June 30, 2023
Loans Past Due 30-59 Days$192 $— $10,275 $494 $10,961 
Loans Past Due 60-89 Days287 — 5,302 2,326 7,915 
Loans Past Due 90 or more Days59 — 1,776 2,828 4,663 
Total Loans Past Due538 — 17,353 5,648 23,539 
Current Loans146,980 723,948 1,070,412 1,105,018 3,046,358 
Total Loans$147,518 $723,948 $1,087,765 $1,110,666 $3,069,897 

Schedule of Non Accrual Loans by Category
Commercial
June 30, 2024CommercialReal EstateConsumerResidentialTotal
Loans 90 or More Days Past Due
  and Still Accruing Interest		$— $— $31 $884 $915 
Nonaccrual Loans79 15,148 1,260 3,631 20,118 
Nonaccrual With No Allowance for Credit Loss79 15,148 1,260 3,631 20,118 
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 
June 30, 2023
Loans 90 or More Days Past Due
  and Still Accruing Interest		$— $— $— $467 $467 
Nonaccrual Loans89 — 1,897 4,011 5,997 
Allowance for Credit Losses on Financing Receivables
The following table details activity in the allowance for credit losses on loans for the three and six months ended June 30, 2024 and June 30, 2023:

Allowance for Credit Losses
CommercialCommercial Real EstateConsumerResidentialTotal
March 31, 2024$2,842 $14,168 $2,756 $11,795 $31,561 
Charge-offs$— $— $(1,850)$— $(1,850)
Recoveries$— $— $523 $— $523 
Provision$(811)$(57)$1,556 $87 $775 
June 30, 2024$2,031 $14,111 $2,985 $11,882 $31,009 
December 31, 2023$1,958 $15,521 $2,566 $11,220 $31,265 
Charge-offs$(9)$— $(3,124)$— $(3,133)
Recoveries$— $— $1,485 $— $1,485 
Provision$82 $(1,410)$2,058 $662 $1,392 
June 30, 2024$2,031 $14,111 $2,985 $11,882 $31,009 
March 31, 2023$1,737 $15,502 $2,863 $10,682 $30,784 
Charge-offs$— $— $(1,274)$(6)$(1,280)
Recoveries$— $— $718 $— $718 
Provision$235 $195 $339 $179 $948 
June 30, 2023$1,972 $15,697 $2,646 $10,855 $31,170 
December 31, 2022$1,961 $15,213 $2,585 $10,193 $29,952 
Charge-offs$— $— $(2,602)$(6)$(2,608)
Recoveries$— $— $1,324 $— $1,324 
Provision$11 $484 $1,339 $668 $2,502 
June 30, 2023$1,972 $15,697 $2,646 $10,855 $31,170 
The following tables present the amortized cost basis of collateral-dependent loans by class of loans as of June 30, 2024, December 31, 2023 and June 30, 2023:
June 30, 2024Collateral Type -Residential Real EstateCollateral Type - Commercial Real EstateTotal Loans
Commercial$— $— $— 
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 

June 30, 2023Collateral Type -Residential Real EstateCollateral Type - Commercial Real EstateTotal Loans
Commercial$— $— $— 
Commercial Real Estate— — — 
Consumer— — — 
Residential1,963 — 1,963 
Total$1,963 $— $1,963 



Allowance for Credit Losses - Collectively and Individually Evaluated
CommercialCommercial Real EstateConsumerResidentialTotal
June 30, 2024
Ending Loan Balance - Collectively Evaluated$163,832 $742,330 $1,138,813 $1,253,512 $3,298,487 
Allowance for Credit Losses - Loans Collectively Evaluated2,031 14,111 2,985 11,882 31,009 
Ending Loan Balance - Individually Evaluated— 15,148 — 1,888 17,036 
Allowance for Credit Losses - Loans Individually Evaluated— — — — — 
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— — — — — 
June 30, 2023
Ending Loan Balance - Collectively Evaluated$147,518 $723,948 $1,087,765 $1,108,703 $3,067,934 
Allowance for Credit Losses - Loans Collectively Evaluated1,972 15,697 2,646 10,855 31,170 
Ending Loan Balance - Individually Evaluated— — — 1,963 1,963 
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 June 30, 2024, December 31, 2023 and June 30, 2023:
Term Loans Amortized Cost Basis by Origination YearRevolving Loans Amortized Cost BasisRevolving Loan Converted to TermTotal
June 30, 202420242023202220212020Prior
Commercial:
Risk rating
Satisfactory$19,007 $46,303 $29,211 $20,914 $7,857 $21,277 $13,079 $— $157,648 
Special mention— — — — 95 — — — 95 
Substandard— — — — — 3,096 2,993 — 6,089 
Doubtful— — — — — — — — — 
Total Commercial Loans$19,007 $46,303 $29,211 $20,914 $7,952 $24,373 $16,072 $— $163,832 
Current-period gross charge-offs$— $— $— $— $9 $— $— $— $9 
Commercial Real Estate:
Risk rating
Satisfactory$35,839 $89,553 $130,911 $110,649 $118,694 $201,890 $3,093 $— $690,629 
Special mention— — 10,892 — — 8,005 — — 18,897 
Substandard— 148 9,082 2,011 2,272 34,317 122 — 47,952 
Doubtful— — — — — — — — — 
Total Commercial Real Estate Loans$35,839 $89,701 $150,885 $112,660 $120,966 $244,212 $3,215 $— $757,478 
Current-period gross charge-offs$— $— $— $— $— $— $— $— $— 
Consumer:
Risk rating
Performing$221,472 $353,205 $299,384 $157,987 $69,260 $35,735 $479 $— $1,137,522 
Nonperforming22 197 353 449 173 97 — — 1,291 
Total Consumer Loans$221,494 $353,402 $299,737 $158,436 $69,433 $35,832 $479 $— $1,138,813 
Current-period gross charge-offs$834 $441 $888 $597 $214 $150 $— $— $3,124 
Residential:
Risk rating
Performing$64,802 $177,575 $233,558 $188,007 $111,407 $354,568 $120,968 $— $1,250,885 
Nonperforming— 201 442 631 441 2,454 346 — 4,515 
Total Residential Loans$64,802 $177,776 $234,000 $188,638 $111,848 $357,022 $121,314 $— $1,255,400 
Current-period gross charge-offs$— $— $— $— $— $— $— $— $— 
Total Loans$341,142 $667,182 $713,833 $480,648 $310,199 $661,439 $141,080 $— $3,315,523 
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 $— $156,224 
Current-period gross charge-offs$— $— $— $— $— $— $— $— $— 
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 $— $745,487 
Current-period gross charge-offs$— $— $— $— $— $— $— $— $— 
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 
Current-period gross charge-offs$366 $1,368 $2,122 $604 $397 $266 $— $— $5,123 
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 $— $1,199,530 
Current-period gross charge-offs$— $— $— $21 $— $33 $— $— $54 
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
June 30, 202320232022202120202019Prior
Commercial:
Risk rating
Satisfactory$15,063 $38,012 $25,715 $11,653 $5,763 $35,571 $9,487 $— $141,264 
Special mention— — — 139 — — — — 139 
Substandard— — — — 60 3,290 2,765 — 6,115 
Doubtful— — — — — — — — — 
Total Commercial Loans$15,063 $38,012 $25,715 $11,792 $5,823 $38,861 $12,252 $— $147,518 
Current-period gross charge-offs$— $— $— $— $— $— $— $— $— 
Commercial Real Estate:
Risk rating
Satisfactory$32,681 $162,581 $105,800 $123,336 $42,397 $191,641 $2,971 $— $661,407 
Special mention— — — — — 4,987 — — 4,987 
Substandard— 9,427 1,685 2,394 802 43,221 25 — 57,554 
Doubtful— — — — — — — — — 
Total Commercial Real Estate Loans$32,681 $172,008 $107,485 $125,730 $43,199 $239,849 $2,996 $— $723,948 
Current-period gross charge-offs$— $— $— $— $— $— $— $— $— 
Consumer:
Risk rating
Performing$217,691 $414,437 $238,016 $122,156 $64,295 $28,740 $— $— $1,085,335 
Nonperforming30 666 766 229 146 120 473 — 2,430 
Total Consumer Loans$217,721 $415,103 $238,782 $122,385 $64,441 $28,860 $473 $— $1,087,765 
Current-period gross charge-offs$95 $705 $1,034 $324 $246 $198 $— $— $2,602 
Residential:
Risk rating
Performing$62,554 $231,714 $195,831 $120,506 $78,455 $316,683 $99,788 $— $1,105,531 
Nonperforming— 115 417 939 949 2,289 426 — 5,135 
Total Residential Loans$62,554 $231,829 $196,248 $121,445 $79,404 $318,972 $100,214 $— $1,110,666 
Current-period gross charge-offs$— $— $— $— $— $6 $— $— $6 
Total Loans$328,019 $856,952 $568,230 $381,352 $192,867 $626,542 $115,935 $— $3,069,897