ARROW FINL CORP

Ticker: AROW CUSIP: 042744102 Class: Common Stock

CORNERCAP INVESTMENT COUNSEL INC's Holding History (CIK: 0001062938)

Note: Option positions (PUT/CALL) are excluded.

Q1 2015

Shares 17,406 Value ($000) $473 Avg Close $15.65 Range $14.99 - $16.24

Q4 2014

Shares 16,951 Value ($000) $466 Avg Close $15.39 Range $14.58 - $16.22

Q3 2014

Shares 16,952 Value ($000) $425 Avg Close $14.75 Range $14.28 - $15.29

Q2 2014

Shares 16,920 Value ($000) $439 Avg Close $14.44 Range $13.86 - $15.08

Q1 2014

Shares 16,920 Value ($000) $447 Avg Close $14.37 Range $13.56 - $15.35

Q4 2013

Shares 16,920 Value ($000) $449 Avg Close $14.45 Range $13.66 - $15.39

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2015	17,406	$473	$15.65	$14.99 - $16.24
Q4 2014	16,951	$466	$15.39	$14.58 - $16.22
Q3 2014	16,952	$425	$14.75	$14.28 - $15.29
Q2 2014	16,920	$439	$14.44	$13.86 - $15.08
Q1 2014	16,920	$447	$14.37	$13.56 - $15.35
Q4 2013	16,920	$449	$14.45	$13.66 - $15.39