Arrow Financial (AROW) in Glens Falls, N.Y., posted higher quarterly earnings because of loan growth and an improved net interest margin.

The $2.2 billion-asset company said in a press release Monday that its second-quarter profit rose 6% from a year earlier, to $5.5 million. Earnings per share of 45 cents missed the average estimate of analysts polled by Bloomberg by 2 cents.

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