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Subsequent Events | 6 Months Ended
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Jun. 30, 2024
Subsequent Events [Abstract] |
Subsequent Events | SUBSEQUENT EVENTS On July 22 2024, Arrow received approval from the Office of the Comptroller of the Currency to combine its two subsidiary banks, GFNB and SNB, into one bank that will be known as Arrow Bank National Association (the "Combination"). The Combination will create operational efficiencies, unify branding and enhance Arrow's ability to pursue its strategic growth objectives. We expect to complete the Combination by December 31, 2024. On August 2, 2024 GFNB completed the previously announced acquisition of the branch office at 184 Broadway, Whitehall, New York (the "Whitehall Branch") from Berkshire Bank. The Whitehall Branch includes deposit accounts with an aggregate approximate balance of $37.5 million and loans with an aggregate approximate balance of $3 million. The acquisition includes the branch premises and substantially all of the personal property and equipment used in the operation of the Whitehall Branch. All employees associated with the Whitehall Branch were offered employment with Arrow.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 855 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/855/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 855 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483399/855-10-50-2 + Details
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