Arrow Financial Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	29.13	27.42	36.76	64.66	457.7
Investment Securities	387.08	396.86	463.21	348.18	296.89
Trading Asset Securities	-	12.66	11.21	7.51	2.08
Mortgage-Backed Securities	370.79	301.04	278.71	408.92	466.12
Total Investments	757.86	710.56	753.13	764.6	765.09
Gross Loans	3,453	3,395	3,213	2,983	2,668
Allowance for Loan Losses	-34.32	-33.6	-31.27	-29.95	-27.28
Net Loans	3,419	3,361	3,182	2,953	2,641
Property, Plant & Equipment	59.43	64.35	64.59	62.12	53.16
Goodwill	23.79	23.79	21.87	21.87	21.87
Other Intangible Assets	1.74	1.65	0.54	0.72	0.91
Other Real Estate Owned & Foreclosed	0.28	0.46	0.31	0.59	0.13
Other Long-Term Assets	154.85	117.18	111.03	101.69	88.44
Total Assets	4,446	4,306	4,170	3,970	4,028
Interest Bearing Deposits	3,061	2,933	2,750	2,585	2,657
Institutional Deposits	155.8	191.96	179.3	76.22	82.81
Non-Interest Bearing Deposits	722.37	702.98	758.43	836.87	810.27
Total Deposits	3,939	3,828	3,688	3,498	3,550
Short-Term Borrowings	-	8.64	34.6	34.51	2.08
Current Portion of Long-Term Debt	-	6.9	4.25	27.8	5
Current Portion of Leases	-	1.04	-	-	-
Federal Home Loan Bank Debt, Long-Term	4.27	1.7	2.25	-	40
Long-Term Leases	4.93	8.81	10.22	10.94	12.29
Trust Preferred Securities	20	20	20	20	20
Other Long-Term Liabilities	45.35	30.43	31.22	24.36	26.89
Total Liabilities	4,014	3,905	3,790	3,616	3,657
Common Stock	22.07	22.07	22.07	21.42	20.8
Additional Paid-In Capital	414.51	413.48	412.55	400.27	378
Retained Earnings	102.27	77.22	65.79	65.4	54.08
Treasury Stock	-102.96	-93.4	-87.22	-83.9	-82.04
Comprehensive Income & Other	-4.04	-18.45	-33.42	-49.66	0.35
Shareholders' Equity	431.85	400.9	379.77	353.54	371.19
Total Liabilities & Equity	4,446	4,306	4,170	3,970	4,028
Total Debt	29.19	47.09	71.31	93.25	79.38
Net Cash (Debt)	184.99	120.12	82.43	-21.08	380.4
Net Cash Growth	54.00%	45.73%	-	-	32.37%
Net Cash Per Share	11.20	7.17	4.84	-1.24	22.31
Filing Date Shares Outstanding	16.45	16.72	16.55	17.05	16.99
Total Common Shares Outstanding	16.45	16.74	16.94	17.05	17.02
Book Value Per Share	26.26	23.94	22.42	20.74	21.81
Tangible Book Value	406.32	375.46	357.36	330.95	348.41
Tangible Book Value Per Share	24.71	22.43	21.09	19.41	20.47

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