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Loans (Tables)

9 Months Ended

Sep. 30, 2019

Loans and Leases Receivable Disclosure [Abstract]

Past Due Financing Receivables

The following table presents loan balances outstanding as of September 30, 2019, December 31, 2018 and September 30, 2018 and an analysis of the recorded investment in loans that are past due at these dates.  Generally, Arrow considers a loan past due 30 or more days when the borrower is two payments past due. Loans held-for-sale of $1,905, $215 and $201 as of September 30, 2019, December 31, 2018 and September 30, 2018, respectively, are included in the residential real estate balances for current loans.

Schedule of Past Due Loans by Loan Category
					Commercial
	Commercial				Real Estate				Consumer				Residential				Total
September 30, 2019
Loans Past Due 30-59 Days	$	99			$	—			$	5,216			$	241			$	5,556
Loans Past Due 60-89 Days	48				30				1,624				1,011				2,713
Loans Past Due 90 or more Days	—				328				415				2,387				3,130
Total Loans Past Due	147				358				7,255				3,639				11,399
Current Loans	141,988				497,725				798,542				885,937				2,324,192
Total Loans	$	142,135			$	498,083			$	805,797			$	889,576			$	2,335,591
Loans 90 or More Days Past Due   and Still Accruing Interest	$	—			$	—			$	86			$	980			$	1,066
Nonaccrual Loans	28				465				564				2,408				3,465
December 31, 2018
Loans Past Due 30-59 Days	$	121			$	108			$	5,369			$	281			$	5,879
Loans Past Due 60-89 Days	49				—				2,136				1,908				4,093
Loans Past Due 90 or more Days	—				789				572				1,844				3,205
Total Loans Past Due	170				897				8,077				4,033				13,177
Current Loans	136,720				483,665				711,433				851,220				2,183,038
Total Loans	$	136,890			$	484,562			$	719,510			$	855,253			$	2,196,215
Loans 90 or More Days Past Due   and Still Accruing Interest	$	—			$	—			$	144			$	1,081			$	1,225
Nonaccrual Loans	403				789				658				2,309				4,159
September 30, 2018
Loans Past Due 30-59 Days	$	198			$	—			$	5,651			$	2,896			$	8,745
Loans Past Due 60-89 Days	—				—				1,307				47				1,354
Loans Past Due 90 or more Days	76				807				494				1,523				2,900
Total Loans Past Due	274				807				7,452				4,466				12,999
Current Loans	126,838				469,315				686,736				830,212				2,113,101
Total Loans	$	127,112			$	470,122			$	694,188			$	834,678			$	2,126,100
Loans 90 or More Days Past Due   and Still Accruing Interest	$	—			$	—			$	192			$	980			$	1,172
Nonaccrual Loans	674				807				540				2,447				4,468

Allowance for Credit Losses on Financing Receivables

The following table presents a roll-forward of the allowance for loan losses and other information pertaining to the allowance for loan losses:

Allowance for Loan Losses
					Commercial
	Commercial				Real Estate				Consumer				Residential				Total
Roll-forward of the Allowance for Loan Losses for the Quarterly Periods:
June 30, 2019	$	1,231			$	5,459			$	9,654			$	4,351			$	20,695
Charge-offs	(11		)		—				(351		)		(40		)		(402		)
Recoveries	—				—				120				—				120
Provision	42				162				263				51				518
September 30, 2019	$	1,262			$	5,621			$	9,686			$	4,362			$	20,931
June 30, 2018	$	944			$	5,838			$	8,337			$	4,521			$	19,640
Charge-offs	—				—				(300		)		(25		)		(325		)
Recoveries	—				—				102				—				102
Provision	99				81				551				(145		)		586
September 30, 2018	$	1,043			$	5,919			$	8,690			$	4,351			$	20,003

Allowance for Loan Losses
					Commercial
	Commercial				Real Estate				Consumer				Residential				Total
Roll-forward of the Allowance for Loan Losses for the Year-to-Date Periods:
December 31, 2018	$	1,218			$	5,644			$	8,882			$	4,452			$	20,196
Charge-offs	(12		)		(29		)		(1,137		)		(54		)		(1,232		)
Recoveries	98				—				424				—				522
Provision	(42		)		6				1,517				(36		)		1,445
September 30, 2019	$	1,262			$	5,621			$	9,686			$	4,362			$	20,931
December 31, 2017	$	1,873			$	4,504			$	7,604			$	4,605			$	18,586
Charge-offs	(16		)		—				(895		)		(49		)		(960		)
Recoveries	1				12				403				—				416
Provision	(815		)		1,403				1,578				(205		)		1,961
September 30, 2018	$	1,043			$	5,919			$	8,690			$	4,351			$	20,003
September 30, 2019
Allowance for loan losses - Loans Individually Evaluated for Impairment	$	5			$	—			$	—			$	—			$	5
Allowance for loan losses - Loans Collectively Evaluated for Impairment	1,257				5,621				9,686				4,362				20,926
Ending Loan Balance - Individually Evaluated for Impairment	36				—				113				575				724
Ending Loan Balance - Collectively Evaluated for Impairment	$	142,099			$	498,083			$	805,684			$	889,001			$	2,334,867
December 31, 2018
Allowance for loan losses - Loans Individually Evaluated for Impairment	$	—			$	—			$	—			$	4			$	4
Allowance for loan losses - Loans Collectively Evaluated for Impairment	1,218				5,644				8,882				4,448				20,192
Ending Loan Balance - Individually Evaluated for Impairment	430				793				101				1,899				3,223
Ending Loan Balance - Collectively Evaluated for Impairment	$	136,460			$	483,769			$	719,409			$	853,354			$	2,192,992
September 30, 2018
Allowance for loan losses - Loans Individually Evaluated for Impairment	$	84			$	45			$	—			$	48			$	177
Allowance for loan losses - Loans Collectively Evaluated for Impairment	959				5,874				8,690				4,303				19,826
Ending Loan Balance - Individually Evaluated for Impairment	489				812				109				2,013				3,423
Ending Loan Balance - Collectively Evaluated for Impairment	$	126,623			$	469,310			$	694,079			$	832,665			$	2,122,677

Financing Receivable Credit Quality Indicators

The following table presents the credit quality indicators by loan category at September 30, 2019, December 31, 2018 and September 30, 2018:

Loan Credit Quality Indicators
					Commercial
	Commercial				Real Estate				Consumer				Residential				Total
September 30, 2019
Credit Risk Profile by Creditworthiness Category:
Satisfactory	$	135,355			$	471,637											$	606,992
Special Mention	107				2,484												2,591
Substandard	6,673				23,962												30,635
Doubtful	—				—												—
Credit Risk Profile Based on Payment Activity:
Performing									$	805,147			$	886,188			$	1,691,335
Nonperforming									650				3,388				4,038
December 31, 2018
Credit Risk Profile by Creditworthiness Category:
Satisfactory	$	129,584			$	456,868											$	586,452
Special Mention	—				—												—
Substandard	7,306				26,905												34,211
Doubtful	—				789												789
Credit Risk Profile Based on Payment Activity:
Performing									$	718,708			$	851,863			$	1,570,571
Nonperforming									802				3,390				4,192
September 30, 2018
Credit Risk Profile by Creditworthiness Category:
Satisfactory	$	119,217			$	440,114											$	559,331
Special Mention	5,949				—												5,949
Substandard	1,946				29,201												31,147
Doubtful	—				807												807
Credit Risk Profile Based on Payment Activity:
Performing									$	693,648			$	832,231			$	1,525,879
Nonperforming									540				2,447				2,987

Impaired Financing Receivables

The following table presents information on impaired loans based on whether the impaired loan has a recorded related allowance or has no recorded related allowance:

Impaired Loans
					Commercial
	Commercial				Real Estate				Consumer				Residential				Total
September 30, 2019
Recorded Investment:
With No Related Allowance	$	—			$	—			$	114			$	575			$	689
With a Related Allowance	35				—				—				—				35
Unpaid Principal Balance:
With No Related Allowance	—				—				113				575				688
With a Related Allowance	36				—				—				—				36
December 31, 2018
Recorded Investment:
With No Related Allowance	$	430			$	793			$	101			$	1,605			$	2,929
With a Related Allowance	—				—				—				294				294
Unpaid Principal Balance:
With No Related Allowance	429				793				100				1,606				2,928
With a Related Allowance	—				—				—				293				293
September 30, 2018
Recorded Investment:
With No Related Allowance	$	—			$	5			$	108			$	1,712			$	1,825
With a Related Allowance	475				801				—				346				1,622
Unpaid Principal Balance:
With No Related Allowance	—				5				109				1,733				$	1,847
With a Related Allowance	489				807				—				280				1,576
For the Quarter Ended:
September 30, 2019
Average Recorded Balance:
With No Related Allowance	$	—			$	1			$	119			$	1,489			$	1,609
With a Related Allowance	36				—				—				—				36
Interest Income Recognized:
With No Related Allowance	—				—				—				—				—
With a Related Allowance	—				—				—				—				—
Cash Basis Income:
With No Related Allowance	—				—				—				—				—
With a Related Allowance	—				—				—				—				—
September 30, 2018
Average Recorded Balance:
With No Related Allowance	$	—			$	7			$	104			$	1,371			$	1,482
With a Related Allowance	478				794				—				350				1,622
Interest Income Recognized:
With No Related Allowance	—				—				—				—				—
With a Related Allowance	—				—				—				—				—
Cash Basis Income:
With No Related Allowance	—				—				—				—				—
With a Related Allowance	—				—				—				—				—

Impaired Loans
					Commercial
	Commercial				Real Estate				Consumer				Residential				Total
For the Year-To-Date Period Ended:
September 30, 2019
Average Recorded Balance:
With No Related Allowance	$	215			$	397			$	108			$	1,090			$	1,810
With a Related Allowance	18				—				—				147				165
Interest Income Recognized:
With No Related Allowance	—				—				—				—				—
With a Related Allowance	—				—				—				—				—
Cash Basis Income:
With No Related Allowance	—				—				—				—				—
With a Related Allowance	—				—				—				—				—
September 30, 2018
Average Recorded Balance:
With No Related Allowance	$	—			$	7			$	104			$	1,371			$	1,482
With a Related Allowance	478				794				—				350				1,622
Interest Income Recognized:
With No Related Allowance	—				—				—				—				—
With a Related Allowance	—				—				—				—				—
Cash Basis Income:
With No Related Allowance	—				—				—				—				—
With a Related Allowance	—				—				—				—				—

Troubled Debt Restructurings on Financing Receivables

The following table presents information on loans modified in trouble debt restructurings during the periods indicated.

Loans Modified in Trouble Debt Restructurings During the Period
					Commercial
	Commercial				Real Estate				Consumer				Residential				Total
For the Quarter Ended:
September 30, 2019
Number of Loans	—				—				—				—				—
Pre-Modification Outstanding Recorded Investment	$	—			$	—			$	—			$	—			$	—
Post-Modification Outstanding Recorded Investment	—				—				—				—				—
Subsequent Default, Number of Contracts	—				—				—				—				—
Subsequent Default, Recorded Investment	—				—				—				—				—
September 30, 2018
Number of Loans	—				—				1				—				1
Pre-Modification Outstanding Recorded Investment	$	—			$	—			$	16			$	—			$	16
Post-Modification Outstanding Recorded Investment	—				—				16				—				16
Subsequent Default, Number of Contracts	—				—				—				—				—
Subsequent Default, Recorded Investment	—				—				—				—				—
For the Year-To-Date Period Ended:
September 30, 2019
Number of Loans	—				—				5				—				5
Pre-Modification Outstanding Recorded Investment	$	—			$	—			$	47			$	—			$	47
Post-Modification Outstanding Recorded Investment	—				—				47				—				47
Subsequent Default, Number of Contracts	—				—				—				—				—
Subsequent Default, Recorded Investment	—				—				—				—				—
September 30, 2018
Number of Loans	—				—				5				—				5
Pre-Modification Outstanding Recorded Investment	$	—			$	—			$	44			$	—			$	44
Post-Modification Outstanding Recorded Investment	—				—				44				—				44
Subsequent Default, Number of Contracts	—				—				—				—				—
Subsequent Default, Recorded Investment	—				—				—				—				—

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Tabular disclosure of allowance for credit loss on financing receivable.

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Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics.

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