Arrow Financial Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Cash & Equivalents	397.44	27.42	36.76	64.66	457.7	380.49	Upgrade
Investment Securities	203.27	396.86	463.21	348.18	296.89	265.78	Upgrade
Trading Asset Securities	3.5	12.66	11.21	7.51	2.08	5.08	Upgrade
Mortgage-Backed Securities	350.78	301.04	278.71	408.92	466.12	324.9	Upgrade
Total Investments	557.56	710.56	753.13	764.6	765.09	595.76	Upgrade
Gross Loans	3,442	3,395	3,213	2,983	2,668	2,595	Upgrade
Allowance for Loan Losses	-34.18	-33.6	-31.27	-29.95	-27.28	-29.23	Upgrade
Net Loans	3,408	3,361	3,182	2,953	2,641	2,566	Upgrade
Property, Plant & Equipment	64.35	64.35	64.59	62.12	53.16	47.94	Upgrade
Goodwill	23.79	23.79	21.87	21.87	21.87	21.87	Upgrade
Other Intangible Assets	1.81	1.65	0.54	0.72	0.91	1.12	Upgrade
Restricted Cash	-	-	-	-	-	0.5	Upgrade
Other Real Estate Owned & Foreclosed	0.36	0.46	0.31	0.59	0.13	0.16	Upgrade
Other Long-Term Assets	129.62	117.18	111.03	101.69	88.44	75.01	Upgrade
Total Assets	4,587	4,306	4,170	3,970	4,028	3,689	Upgrade
Interest Bearing Deposits	3,150	2,933	2,750	2,585	2,657	2,410	Upgrade
Institutional Deposits	178.84	191.96	179.3	76.22	82.81	123.62	Upgrade
Non-Interest Bearing Deposits	771.01	702.98	758.43	836.87	810.27	701.34	Upgrade
Total Deposits	4,100	3,828	3,688	3,498	3,550	3,235	Upgrade
Short-Term Borrowings	3.5	8.64	34.6	34.51	2.08	22.57	Upgrade
Current Portion of Long-Term Debt	-	6.9	4.25	27.8	5	-	Upgrade
Current Portion of Leases	0.97	1.04	-	-	-	-	Upgrade
Federal Home Loan Bank Debt, Long-Term	4.27	1.7	2.25	-	40	45	Upgrade
Long-Term Leases	8.45	8.81	10.22	10.94	12.29	10.63	Upgrade
Trust Preferred Securities	20	20	20	20	20	20	Upgrade
Other Long-Term Liabilities	32.19	30.43	31.22	24.36	26.89	21.33	Upgrade
Total Liabilities	4,169	3,905	3,790	3,616	3,657	3,354	Upgrade
Common Stock	22.07	22.07	22.07	21.42	20.8	20.19	Upgrade
Additional Paid-In Capital	414.13	413.48	412.55	400.27	378	353.66	Upgrade
Retained Earnings	93.03	77.22	65.79	65.4	54.08	41.9	Upgrade
Treasury Stock	-102.9	-93.4	-87.22	-83.9	-82.04	-80.55	Upgrade
Comprehensive Income & Other	-8.64	-18.45	-33.42	-49.66	0.35	-0.82	Upgrade
Shareholders' Equity	417.69	400.9	379.77	353.54	371.19	334.39	Upgrade
Total Liabilities & Equity	4,587	4,306	4,170	3,970	4,028	3,689	Upgrade
Total Debt	37.19	47.09	71.31	93.25	79.38	98.19	Upgrade
Net Cash (Debt)	363.75	120.12	82.43	-21.08	380.4	287.38	Upgrade
Net Cash Growth	81.95%	45.73%	-	-	32.37%	-	Upgrade
Net Cash Per Share	21.93	7.17	4.84	-1.24	22.31	16.99	Upgrade
Filing Date Shares Outstanding	16.44	16.72	16.55	17.05	16.99	16.97	Upgrade
Total Common Shares Outstanding	16.44	16.74	16.94	17.05	17.02	16.95	Upgrade
Book Value Per Share	25.41	23.94	22.42	20.74	21.81	19.72	Upgrade
Tangible Book Value	392.09	375.46	357.36	330.95	348.41	311.4	Upgrade
Tangible Book Value Per Share	23.85	22.43	21.09	19.41	20.47	18.37	Upgrade

Source: S&P Global Market Intelligence. Banks template. Financial Sources.