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Leases
 9 Months Ended
Sep. 30, 2025
Leases [Abstract]  
Leases LEASES (Dollars In Thousands)
Arrow leases real property, primarily for financial services locations, and corporate vehicles. These leases generally require Arrow to pay third-party expenses on behalf of the Lessor, which are referred to as variable payments. Under some leases, Arrow pays the variable payments to the lessor, and in other leases, Arrow pays the variable payments directly to the applicable third party. None of Arrow's current leases include any residual value guarantees or any subleases, and there are no significant rights and obligations of Arrow for leases that have not commenced as of the reporting date.
Arrow leases three of its branch offices, at market rates, from Stewart’s Shops Corp. Additionally in June 2024, Arrow entered into a sale-leaseback agreement with Stewart’s Shops Corp. for a bank branch location. The sale price of the property was $1.1 million which resulted in a gain of $377 thousand. The lease agreement began in June 2024 and runs through May 2029, with rent totaling $5 thousand per month for the remainder of the lease. Mr. Gary C. Dake, President of Stewart’s Shops Corp., served as a Director on the Board of Directors of Arrow and Arrow Bank. Mr. Dake retired from the Board at the Annual Meeting on June 4, 2025.

The following includes quantitative data related to Arrow's leases as of and for the nine months ended September 30, 2025 and September 30, 2024:
Nine Months Ended
Finance Lease Amounts:ClassificationSeptember 30, 2025September 30, 2024
Right-of-Use AssetsPremises and Equipment, Net$4,150 $4,327 
Lease LiabilitiesFinance Leases4,928 5,022 
Operating Lease Amounts:
Right-of-Use AssetsOther Assets$4,347 $4,792 
Lease LiabilitiesOther Liabilities4,493 5,007 
Other Information:
Cash Paid For Amounts Included In The Measurement Of Lease Liabilities:
Operating Outgoing Cash Flows From Finance Leases$135 $142 
Operating Outgoing Cash Flows From Operating Leases743 471 
Financing Outgoing Cash Flows From Finance Leases77 44 
Right-of-Use Assets Obtained In Exchange For New Finance Lease Liabilities— — 
Right-of-Use Assets Obtained In Exchange For New Operating Lease Liabilities395 326 
Weighted-average Remaining Lease Term - Finance Leases (Yrs.)24.6325.58
Weighted-average Remaining Lease Term - Operating Leases (Yrs.)9.6410.44
Weighted-average Discount Rate—Finance Leases3.75 %3.75 %
Weighted-average Discount Rate—Operating Leases3.44 %3.37 %

Lease cost information for Arrow's leases is as follows:
Three Months EndedNine Months Ended
September 30, 2025September 30, 2024September 30, 2025September 30, 2024
Lease Cost:
Finance Lease Cost:
   Reduction of Right-of-Use Assets$44 $44 $133 $132 
   Interest on Lease Liabilities46 47 135 142 
Operating Lease Cost208 203 621 597 
Short-term Lease Cost29 7 57 28 
Variable Lease Cost49 32 104 177 
Total Lease Cost$376 $333 $1,050 $1,076 
Future Lease Payments at September 30, 2025 are as follows:
Operating
Leases
Financing
Leases
Twelve Months Ended:
9/30/2026$725 $246 
9/30/2027733 268 
9/30/2028618 268 
9/30/2029603 272 
9/30/2030503 286 
Thereafter2,154 6,505 
Total Undiscounted Cash Flows$5,336 $7,845 
Less: Net Present Value Adjustment(843)(2,917)
   Lease Liability$4,493 $4,928 
Leases LEASES (Dollars In Thousands)
Arrow leases real property, primarily for financial services locations, and corporate vehicles. These leases generally require Arrow to pay third-party expenses on behalf of the Lessor, which are referred to as variable payments. Under some leases, Arrow pays the variable payments to the lessor, and in other leases, Arrow pays the variable payments directly to the applicable third party. None of Arrow's current leases include any residual value guarantees or any subleases, and there are no significant rights and obligations of Arrow for leases that have not commenced as of the reporting date.
Arrow leases three of its branch offices, at market rates, from Stewart’s Shops Corp. Additionally in June 2024, Arrow entered into a sale-leaseback agreement with Stewart’s Shops Corp. for a bank branch location. The sale price of the property was $1.1 million which resulted in a gain of $377 thousand. The lease agreement began in June 2024 and runs through May 2029, with rent totaling $5 thousand per month for the remainder of the lease. Mr. Gary C. Dake, President of Stewart’s Shops Corp., served as a Director on the Board of Directors of Arrow and Arrow Bank. Mr. Dake retired from the Board at the Annual Meeting on June 4, 2025.

The following includes quantitative data related to Arrow's leases as of and for the nine months ended September 30, 2025 and September 30, 2024:
Nine Months Ended
Finance Lease Amounts:ClassificationSeptember 30, 2025September 30, 2024
Right-of-Use AssetsPremises and Equipment, Net$4,150 $4,327 
Lease LiabilitiesFinance Leases4,928 5,022 
Operating Lease Amounts:
Right-of-Use AssetsOther Assets$4,347 $4,792 
Lease LiabilitiesOther Liabilities4,493 5,007 
Other Information:
Cash Paid For Amounts Included In The Measurement Of Lease Liabilities:
Operating Outgoing Cash Flows From Finance Leases$135 $142 
Operating Outgoing Cash Flows From Operating Leases743 471 
Financing Outgoing Cash Flows From Finance Leases77 44 
Right-of-Use Assets Obtained In Exchange For New Finance Lease Liabilities— — 
Right-of-Use Assets Obtained In Exchange For New Operating Lease Liabilities395 326 
Weighted-average Remaining Lease Term - Finance Leases (Yrs.)24.6325.58
Weighted-average Remaining Lease Term - Operating Leases (Yrs.)9.6410.44
Weighted-average Discount Rate—Finance Leases3.75 %3.75 %
Weighted-average Discount Rate—Operating Leases3.44 %3.37 %

Lease cost information for Arrow's leases is as follows:
Three Months EndedNine Months Ended
September 30, 2025September 30, 2024September 30, 2025September 30, 2024
Lease Cost:
Finance Lease Cost:
   Reduction of Right-of-Use Assets$44 $44 $133 $132 
   Interest on Lease Liabilities46 47 135 142 
Operating Lease Cost208 203 621 597 
Short-term Lease Cost29 7 57 28 
Variable Lease Cost49 32 104 177 
Total Lease Cost$376 $333 $1,050 $1,076 
Future Lease Payments at September 30, 2025 are as follows:
Operating
Leases
Financing
Leases
Twelve Months Ended:
9/30/2026$725 $246 
9/30/2027733 268 
9/30/2028618 268 
9/30/2029603 272 
9/30/2030503 286 
Thereafter2,154 6,505 
Total Undiscounted Cash Flows$5,336 $7,845 
Less: Net Present Value Adjustment(843)(2,917)
   Lease Liability$4,493 $4,928