Parent Only Financial Information

12 Months Ended

Dec. 31, 2025

Condensed Financial Information Disclosure [Abstract]

Parent Only Financial Information

PARENT ONLY FINANCIAL INFORMATION (Dollars In Thousands)

Condensed financial information for Arrow Financial Corporation is as follows:

BALANCE SHEETS	December 31,
ASSETS	2025		2024
Interest-Bearing Deposits with Arrow Bank	$	530	$	333
Equity Securities	2,491		2,144
Investment in Subsidiaries at Equity	430,047		401,228
Other Assets	20,674		19,159
Total Assets	$	453,742	$	422,864
LIABILITIES
Junior Subordinated Obligations Issued to     Unconsolidated Subsidiary Trusts	$	20,000	$	20,000
Other Liabilities	1,890		1,963
Total Liabilities	21,890		21,963
STOCKHOLDERS’ EQUITY
Total Stockholders’ Equity	431,852		400,901
Total Liabilities and Stockholders’ Equity	$	453,742	$	422,864

STATEMENTS OF INCOME	Years Ended December 31,
Income:	2025		2024		2023
Dividends from Bank Subsidiaries	$	31,050	$	25,100	$	24,000
Interest and Dividends on Investments	47		47		47
Other Income (Including Management Fees)	1,084		934		363
Total Income	32,181		26,081		24,410
Expense:
Interest Expense	686		685		685
Other Expense	1,190		1,325		4,280
Total Expense	1,876		2,010		4,965
Income Before Income Tax Benefit and Equity
in Undistributed Net Income of Subsidiaries	30,305		24,071		19,445
Income Tax Benefit	467		487		1,242
Equity in Undistributed Net Income of Subsidiaries	13,181		5,151		9,388
Net Income	$	43,953	$	29,709	$	30,075

The Statement of Changes in Stockholders’ Equity is not reported because it is identical to the Consolidated Statement of Changes in Stockholders’ Equity.

STATEMENTS OF CASH FLOWS	Years Ended December 31,
	2025		2024		2023
Cash Flows from Operating Activities:
Net Income	$	43,953	$	29,709	$	30,075
Undistributed Net Income of Subsidiaries	(13,181)		(5,151)		(9,388)
Shares Issued Under the Directors’ Stock Plan	455		495		218
Changes in Other Assets and Other Liabilities	(2,474)		(1,673)		(229)
Net Cash Provided by Operating Activities	28,753		23,380		20,676
Cash Flows from Financing Activities:
Stock Options Exercised	256		433		96
Shares Issued Under the Employee Stock Purchase Plan	325		291		120
Shares Issued for Dividend Reinvestment Plans	—		—		472
Purchase of Treasury Stock	(10,240)		(6,790)		(3,608)
Cash Dividends Paid	(18,897)		(18,286)		(17,983)
Net Cash Used in Financing Activities	(28,556)		(24,352)		(20,903)
Net Increase (Decrease) in Cash and Cash Equivalents	197		(972)		(227)
Cash and Cash Equivalents at Beginning of the Year	333		1,305		1,532
Cash and Cash Equivalents at End of the Year	$	530	$	333	$	1,305
Supplemental Disclosures to Statements of   Cash Flow Information:
Interest Paid	$	686	$	685	$	685