Goodwill And Other Intangible Assets

12 Months Ended

Dec. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill And Other Intangible Assets

GOODWILL AND OTHER INTANGIBLE ASSETS (Dollars In Thousands)

The following table presents information on Arrow’s goodwill as of December 31, 2025, 2024 and 2023:

	Total Goodwill
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
Goodwill Acquired	—
Balance, December 31, 2025	$	23,789

The following table presents information on Arrow’s other intangible assets (other than goodwill) as of December 31, 2025, 2024 and 2023:

	Depositor Intangibles1		Mortgage Servicing Rights2		Customer Intangibles1		Total
Gross Carrying Amount, December 31, 2025	$	3,202	$	3,549	$	4,786	$	11,537
Accumulated Amortization	(2,486)		(3,148)		(4,162)		(9,796)
Net Carrying Amount, December 31, 2025	$	716	$	401	$	624	$	1,741
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
Rollforward of Intangible Assets:
Balance, December 31, 2022	$	—	$	785	$	715	$	1,500
Amortization of Intangible Assets	—		(214)		(176)		(390)
Balance, December 31, 2023	—		571		539		1,110
Intangible Assets Acquired	955		44		404		1,403
Amortization of Intangible Assets	(72)		(208)		(175)		(455)
Balance, December 31, 2024	883		407		768		2,058
Intangible Assets Acquired	—		209		—		209
Amortization of Intangible Assets	(167)		(215)		(144)		(526)
Balance, December 31, 2025	$	716	$	401	$	624	$	1,741

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.

The following table presents the remaining estimated annual amortization expense for Arrow's intangible assets as of December 31, 2025:

	Depositor Intangibles		Mortgage Servicing Rights		Customer Intangibles		Total
Estimated Annual Amortization Expense:
2026	$	149	$	187	$	125	$	461
2027	132		68		106		306
2028	114		42		86		242
2029	97		42		67		206
2030	79		40		48		167
2031 and beyond	145		22		192		359
Total	$	716	$	401	$	624	$	1,741