XML 71 R16.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Other Intangible Assets | 12 Months Ended
--- | ---
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Other Intangible Assets | OTHER INTANGIBLE ASSETS (Dollars In Thousands) The following table presents information on Arrow’s other intangible assets (other than goodwill) as of December 31, 2023, 2022 and 2021:
| Depositor Intangibles |  | Mortgage Servicing Rights 1 |  | Customer Intangibles 2 |  | Total
Gross Carrying Amount, December 31, 2023 | $ | 2,247 |  |  | $ | 3,296 |  |  | $ | 4,382 |  |  | $ | 9,925 |
Accumulated Amortization | (2,247) |  |  | (2,725) |  |  | (3,843) |  |  | (8,815) |
Net Carrying Amount, December 31, 2023 | $ | — |  |  | $ | 571 |  |  | $ | 539 |  |  | $ | 1,110 |
Gross Carrying Amount, December 31, 2022 | $ | 2,247 |  |  | $ | 3,296 |  |  | $ | 4,382 |  |  | $ | 9,925 |
Accumulated Amortization | (2,247) |  |  | (2,511) |  |  | (3,667) |  |  | (8,425) |
Net Carrying Amount, December 31, 2022 | $ | — |  |  | $ | 785 |  |  | $ | 715 |  |  | $ | 1,500 |
Rollforward of Intangible Assets: |  |  |  |  |  |  |
Balance, December 31, 2020 | $ | — |  |  | $ | 832 |  |  | $ | 1,118 |  |  | $ | 1,950 |
Intangible Assets Acquired | — |  |  | 436 |  |  | — |  |  | 436 |
Intangible Assets Disposed | — |  |  | — |  |  | — |  |  | — |
Amortization of Intangible Assets | — |  |  | (258) |  |  | (210) |  |  | (468) |
Balance, December 31, 2021 | — |  |  | 1,010 |  |  | 908 |  |  | 1,918 |
Intangible Assets Acquired | — |  |  | 10 |  |  | — |  |  | 10 |
Intangible Assets Disposed | — |  |  | — |  |  | — |  |  | — |
Amortization of Intangible Assets | — |  |  | (235) |  |  | (193) |  |  | (428) |
Balance, December 31, 2022 | — |  |  | 785 |  |  | 715 |  |  | 1,500 |
Intangible Assets Acquired | — |  |  | — |  |  | — |  |  | — |
Intangible Assets Disposed | — |  |  | — |  |  | — |  |  | — |
Amortization of Intangible Assets | — |  |  | (214) |  |  | (176) |  |  | (390) |
Balance, December 31, 2023 | $ | — |  |  | $ | 571 |  |  | $ | 539 |  |  | $ | 1,110 |
1 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. 2 Amortization of customer intangibles are reported in the Consolidated Statements of Income as a component of other operating expense. The following table presents the remaining estimated annual amortization expense for Arrow's intangible assets as of December 31, 2023:
|  | Mortgage Servicing Rights |  | Customer Intangibles |  | Total
Estimated Annual Amortization Expense: |  |  |  |  |  |
2024 |  | $ | 206 |  |  | $ | 155 |  |  | $ | 361 |
2025 |  | 195 |  |  | 107 |  |  | 302 |
2026 |  | 144 |  |  | 89 |  |  | 233 |
2027 |  | 25 |  |  | 72 |  |  | 97 |
2028 |  | 1 |  |  | 55 |  |  | 56 |
2029 and beyond |  | — |  |  | 61 |  |  | 61 |
Total |  | $ | 571 |  |  | $ | 539 |  |  | $ | 1,110 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350-30/tableOfContent + Details
Name: | us-gaap_IntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration