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Investment Securities
12 Months Ended
Dec. 31, 2025
Investments, Debt and Equity Securities [Abstract]  
Investment Securities INVESTMENT SECURITIES (Dollars In Thousands)
The following table is the schedule of Available-For-Sale Securities at December 31, 2025 and 2024:
Available-For-Sale Securities
U.S. TreasuriesU.S. Government & Agency
Obligations
State and
Municipal
Obligations
Mortgage-
Backed
Securities
Corporate
and Other
Debt
Securities
Total
Available-
For-Sale
Securities
December 31, 2025
Available-For-Sale Securities,
  at Amortized Cost
$78,436 $25,000 $200 $385,766 $23,500 $512,902 
Gross Unrealized Gains2,139 — — 2,153 194 4,486 
Gross Unrealized Losses(12)(184)— (21,238)(86)(21,520)
Available-For-Sale Securities,
  at Fair Value
$80,563 $24,816 $200 $366,681 $23,608 $495,868 
Available-For-Sale Securities,
  Pledged as Collateral,
  at Fair Value
234,933 
Maturities of Debt Securities,
at Amortized Cost:
Within One Year— — — 81 — 81 
From 1 - 5 Years48,895 25,000 200 32,135 1,000 107,230 
From 5 - 10 Years29,541 — — 77,573 19,500 126,614 
Over 10 Years— — — 275,977 3,000 278,977 
Maturities of Debt Securities,
at Fair Value:
Within One Year— — — 80 — 80 
From 1 - 5 Years50,202 24,816 200 32,355 979 108,552 
From 5 - 10 Years30,361 — — 72,888 19,617 122,866 
Over 10 Years— — — 261,358 3,012 264,370 
Securities in a Continuous
Loss Position, at Fair Value:
Less than 12 Months$5,047 $— $— $13,154 $4,436 $22,637 
12 Months or Longer— 24,816 — 193,635 979 219,430 
Total$5,047 $24,816 $— $206,789 $5,415 $242,067 
Number of Securities in a
  Continuous Loss Position
— 83 91 
Unrealized Losses on
Securities in a Continuous
Loss Position:
Less than 12 Months$12 $— $— $$64 $84 
12 Months or Longer— 184 — 21,230 22 21,436 
Total$12 $184 $— $21,238 $86 $21,520 


Available-For-Sale Securities
U.S. TreasuriesU.S. Government & Agency
Obligations
State and
Municipal
Obligations
Mortgage-
Backed
Securities
Corporate
and Other
Debt
Securities
Total
Available-
For-Sale
Securities
December 31, 2024
Available-For-Sale Securities,
  at Amortized Cost
$97,985 $70,000 $240 $330,448 $1,000 $499,673 
Gross Unrealized Gains90 32 — 29 — 151 
Gross Unrealized Losses(5)(818)— (35,869)(21)(36,713)
Available-For-Sale Securities,
  at Fair Value
$98,070 $69,214 $240 $294,608 $979 $463,111 
Available-For-Sale Securities,
  Pledged as Collateral,
  at Fair Value
181,759 
Securities in a Continuous
Loss Position, at Fair Value:
Less than 12 Months$48,370 $— $— $66,958 $— $115,328 
12 Months or Longer— 54,182 — 221,305 979 276,466 
Total$48,370 $54,182 $— $288,263 $979 $391,794 
Number of Securities in a
  Continuous Loss Position
— 97 107 
Unrealized Losses on
Securities in a Continuous
Loss Position:
Less than 12 Months$$— $— $2,037 $— $2,042 
12 Months or Longer— 818 — 33,832 21 34,671 
Total$$818 $— $35,869 $21 $36,713 

At December 31, 2025 and 2024, there was no allowance for credit losses for the available for sale securities portfolio.

The following is a summary of realized losses recognized in net income on available-for-sale securities sold during the years ended December 31, 2025 and 2024:
December 31,
20252024
Proceeds Received on Sale of AFS Securities$— $71,962 
Basis of AFS investments Sold— 75,000 
Net Loss Recognized on Sale of AFS Securities$— $(3,038)
The following table is the schedule of Held-To-Maturity Securities at December 31, 2025 and 2024:
Held-To-Maturity Securities
State and
Municipal
Obligations
Mortgage-
Backed
Securities
Total
Held-To
Maturity
Securities
December 31, 2025
Held-To-Maturity Securities,
  at Amortized Cost
$62,870 $4,105 $66,975 
Gross Unrealized Gains— — — 
Gross Unrealized Losses(324)(82)(406)
Held-To-Maturity Securities,
  at Fair Value
$62,546 $4,023 $66,569 
Held-To-Maturity Securities,
  Pledged as Collateral, at Carrying Value
35,078 
Held-To-Maturity Securities,
  Pledged as Collateral, at Fair Value
34,672 
Maturities of Debt Securities,
at Amortized Cost:
Within One Year46,318 — 46,318 
From 1 - 5 Years15,192 2,592 17,784 
From 5 - 10 Years1,360 — 1,360 
Over 10 Years— 1,513 1,513 
Maturities of Debt Securities,
at Fair Value:
Within One Year46,185 — 46,185 
From 1 - 5 Years15,001 2,549 17,550 
From 5 - 10 Years1,360 — 1,360 
Over 10 Years— 1,474 1,474 
Securities in a Continuous
Loss Position, at Fair Value:
Less than 12 Months$400 $— $400 
12 Months or Longer32,138 4,023 36,161 
Total$32,538 $4,023 $36,561 
Number of Securities in a
  Continuous Loss Position
109 16 125 
Unrealized Losses on Securities
in a Continuous Loss Position:
Less than 12 Months$— $— $— 
12 Months or Longer324 82 406 
Total$324 $82 $406 
Held-To-Maturity Securities
State and
Municipal
Obligations
Mortgage-
Backed
Securities
Total
Held-To
Maturity
Securities
December 31, 2024
Held-To-Maturity Securities,
  at Amortized Cost
$91,829 $6,432 $98,261 
Gross Unrealized Gains— — — 
Gross Unrealized Losses(1,456)(219)(1,675)
Held-To-Maturity Securities,
  at Fair Value
$90,373 $6,213 $96,586 
Held-To-Maturity Securities,
  Pledged as Collateral, at Carrying Value
72,506 
Held-To-Maturity Securities,
  Pledged as Collateral, at Fair Value
70,831 
Securities in a Continuous
Loss Position, at Fair Value:
Less than 12 Months$378 $— $378 
12 Months or Longer68,112 6,212 74,324 
Total$68,490 $6,212 $74,702 
Number of Securities in a
  Continuous Loss Position
219 16 235 
Unrealized Losses on Securities
in a Continuous Loss Position:
Less than 12 Months$$— $
12 Months or Longer1,454 219 1,673 
Total$1,456 $219 $1,675 

In the tables above, maturities of mortgage-backed securities are included based on their contractual average lives. Actual maturities will differ because issuers may have the right to call or prepay obligations with or without prepayment penalties.
Securities in a continuous loss position, in the tables above for December 31, 2025 and December 31, 2024 do not reflect any material deterioration of the credit worthiness of the issuing entities.
Arrow evaluates available-for-sale debt securities in unrealized loss positions at each measurement date to determine whether the decline in the fair value below the amortized cost basis (impairment) is due to credit-related factors or noncredit-related factors. Any impairment that is not credit related is recognized in other comprehensive income, net of applicable taxes. Credit-related impairment is recognized within the allowance for credit losses on the balance sheet, limited to the amount by which the amortized cost basis exceeds the fair value, with a corresponding adjustment to earnings via credit loss expense. Arrow determined that at December 31, 2025, gross unrealized losses were primarily attributable to changes in interest rates, relative to when the investment securities were purchased, and not due to the credit quality of the investment securities. Arrow does not intend to sell, nor is it more likely than not that Arrow will be required to sell the security before recovery of its amortized cost basis, which may be at maturity. Arrow carried no allowance for credit loss at December 31, 2025 and there was no credit loss expense recognized by Arrow with respect to the securities portfolio during 2025.  
Arrow's held to maturity debt securities are comprised of securities issued by U.S. government agencies or U.S. government-sponsored enterprises or state and municipal obligations. U.S. government agencies and U.S. government-sponsored enterprise securities carry the explicit and/or implicit guarantee of the U.S. government, are widely recognized as “risk free,” and have a long history of zero credit loss. Arrow determined that the expected credit loss on its held to maturity debt portfolio was immaterial and therefore no allowance for credit loss was recorded as of December 31, 2025.


The following table is the schedule of Equity Securities at December 31, 2025 and 2024.
Equity Securities
December 31,
20252024
Equity Securities, at Fair Value$5,597 $5,055 
The following is a summary of realized and unrealized gains and losses recognized in income on equity securities during the years ended December 31, 2025 and 2024:
December 31,
202520242023
Net Gain on Equity Securities$542 $131 $9,005 
Less: Net Gain recognized during the reporting period on equity securities sold during the period— — 9,254 
Unrealized Net Gain (Loss) recognized during the reporting period on equity securities still held at the reporting date$542 $131 $(249)

Schedule of Federal Reserve Bank and Federal Home Loan Bank Stock (at cost)
December 31,
20252024
Federal Reserve Bank Stock$1,219 $1,204 
Federal Home Loan Bank Stock3,153 3,149 
Total Federal Reserve Bank and Federal Home Loan Bank Stock$4,372 $4,353