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Goodwill And Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Finite-Lived Intangible Assets
The following table presents information on Arrow’s other intangible assets (other than goodwill) as of December 31, 2024, 2023 and 2022:
Depositor
Intangibles1
Mortgage
Servicing
Rights2
Customer Intangibles1
Total  
Gross Carrying Amount, December 31, 2024
$3,202 $3,340 $4,786 $11,328 
Accumulated Amortization(2,319)(2,933)(4,018)(9,270)
Net Carrying Amount, December 31, 2024
$883 $407 $768 $2,058 
Gross Carrying Amount, December 31, 2023
$2,247 $3,296 $4,382 $9,925 
Accumulated Amortization(2,247)(2,725)(3,843)(8,815)
Net Carrying Amount, December 31, 2023
$— $571 $539 $1,110 
Rollforward of Intangible Assets:
Balance, December 31, 2021
$— $1,010 $908 $1,918 
Intangible Assets Acquired— 10 — 10 
Intangible Assets Disposed— — — — 
Amortization of Intangible Assets— (235)(193)(428)
Balance, December 31, 2022
— 785 715 1,500 
Intangible Assets Acquired— — — — 
Intangible Assets Disposed— — — — 
Amortization of Intangible Assets— (214)(176)(390)
Balance, December 31, 2023
— 571 539 1,110 
Intangible Assets Acquired955 44 404 1,403 
Intangible Assets Disposed— — — — 
Amortization of Intangible Assets(72)(208)(175)(455)
Balance, December 31, 2024
$883 $407 $768 $2,058 


1 Amortization of depositor intangibles and customer intangibles are reported in the Consolidated Statements of Income as a component of other operating expense.
2 Amortization of mortgage servicing rights is reported in the Consolidated Statements of Income as a reduction of mortgage servicing fee income, which is included with fees for other services to customers.
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
The following table presents the remaining estimated annual amortization expense for Arrow's intangible assets as of December 31, 2024:
Depositor
Intangibles
Mortgage
Servicing Rights
Customer IntangiblesTotal
Estimated Annual
Amortization Expense:
2025$166 $202 $144 $512 
2026149 152 125 426 
2027132 33 106 271 
2028114 86 207 
202997 67 171 
2030 and beyond225 240 471 
Total$883 $407 $768 $2,058 
Schedule of Goodwill
The following table presents information on Arrow’s goodwill as of December 31, 2024, 2023 and 2022:

Total Goodwill
Balance, December 31, 2021
$21,873 
Goodwill Acquired
— 
Balance, December 31, 2022
21,873 
Goodwill Acquired
— 
Balance, December 31, 2023
21,873 
Goodwill acquired related to the acquisition of the assets of A&B Agency, Inc and the Whitehall Branch
1,916 
Balance, December 31, 2024
$23,789