Rocket


Overview
Financials
News + Filings
Key Docs
Charts
Holdings
Ownership
Insiders





Income Statement
Balance Sheet
Cash Flow Statement

Common Size IS
Op Efficiency
Credit Analysis

ARROW FINANCIAL CORP (AROW)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   8-K10-K10-K10-K10-K10-K10-K10-K
INTEREST AND DIVIDEND INCOME          
Interest and Fees on Loans   105.0100.595.581.670.262.856.9
Interest on Deposits at Banks  3.10.60.30.70.70.30.20.1
   
Interest and Dividends on Investment Securities:          
Fully Taxable   6.57.18.98.67.97.98.0
Exempt from Federal Taxes   3.54.04.75.66.26.05.7
    Total Interest and Dividend Income   0.00.00.00.084.776.970.7
   
INTEREST EXPENSE          
Savings Deposits  7.91.95.18.43.51.40.90.7
Time Deposits over $250,000  0.40.31.51.91.20.30.20.1
Other Time Deposits  0.60.62.84.21.41.00.91.0
Junior Subordinated Obligations Issued to Unconsolidated Subsidiary Trusts   0.70.71.01.00.80.70.6
Interest on Financing Leases  0.20.20.20.1    
    Total Interest Expense  0.62.22.66.15.87.05.44.8
    NET INTEREST INCOME  118.3110.499.288.084.077.771.665.9
Provision for Credit Losses  4.8       
    NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES  113.5110.189.986.081.474.969.564.6
   
NON-INTEREST INCOME          
Revenue from contract with customer          
Insurance Commissions   6.56.97.27.98.68.79.0
Net Gain on Sales of Loans   2.43.90.60.10.50.80.7
Other Operating Income  -2.60.70.21.00.90.91.11.4
    Total Non-Interest Income  30.932.432.728.628.927.627.828.1
   
NON-INTEREST EXPENSE          
Salaries and Employee Benefits   44.842.138.438.837.734.633.1
Occupancy Expenses, Net   5.85.65.45.04.99.49.3
Technology and Equipment Expense  16.114.913.013.111.310.5  
FDIC Assessments   1.01.10.20.90.91.11.2
Other Operating Expense   0.90.90.91.28.814.513.9
    Total Non-Interest Expense  81.578.070.767.565.162.759.657.4
INCOME BEFORE PROVISION FOR INCOME TAXES   64.451.947.1    
Provision for Income Taxes  14.10.30.40.50.710.511.210.6
    NET INCOME  48.849.940.837.536.329.326.524.7
   
Average Shares Outstanding:          
Basic (in shares)  16.516.015.915.815.314.714.213.7
Diluted (in shares)  16.516.115.915.915.414.814.313.7
   
Per Common Share:          
Basic Earnings (in dollars per share)  $2.95$3.11$2.56$2.36$2.37$1.99$1.87$1.80
Diluted Earnings (in dollars per share)  $2.95$3.10$2.56$2.36$2.36$1.98$1.86$1.80

Rocket Data Systems, Inc. © 2019 | Contact Us | Data Disclaimer | Terms of Use | Privacy