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Arrow Reports $12.2 million in Q3 Net Income, Loan Growth of $80 Million in the Quarter

GLENS FALLS, NY – Arrow Financial Corporation (NasdaqGS® – AROW) announced financial results for the three-month period ended September 30, 2022. Net income for the third quarter of 2022 was $12.2 million and diluted earnings per share was $0.74.  Loan growth and deposit growth were both strong in the quarter, increasing by $80 million and $249 million, respectively.