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

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