Arrow Financial Corp. (AROW) reported that its first-quarter net income was $5.2 million, a decrease of $107 thousand, or 2%, from net income of $5.3 million for the first quarter of 2012. Earnings per share for the quarter was $0.43, a 2% decrease from last year's $0.44.
Net Interest Income for the quarter declined to $13.757 million from $14.406 million in the prior year quarter. However, total noninterest income was $7.17 million, up from $6.56 million in the prior year quarter.
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