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Loans Receivable, Including Loans Held For Sale (Tables)
9 Months Ended
Sep. 30, 2020
Receivables [Abstract]  
Trade and Other Receivables
Major classifications of Loans receivable, including loans held for sale, held by WebBank as of September 30, 2020 and December 31, 2019 are as follows:
TotalCurrentNon-current
September 30, 2020%December 31, 2019%September 30, 2020December 31, 2019September 30, 2020December 31, 2019
Loans held for sale$80,169 $225,013 $80,169 $225,013 $— $— 
Commercial real estate loans$644 — %$659 — %— — 644 659 
Commercial and industrial2,372,454 93 %251,349 45 %213,334 233,510 2,159,120 17,839 
Consumer loans179,139 %302,714 55 %49,068 125,067 130,071 177,647 
Total loans2,552,237 100 %554,722 100 %262,402 358,577 2,289,835 196,145 
Less:
Allowance for loan losses(42,628)(36,682)(42,628)(36,682)— — 
Total loans receivable, net$2,509,609 $518,040 219,774 321,895 2,289,835 196,145 
Loans receivable, including loans held for sale (a)
$299,943 $546,908 $2,289,835 $196,145 
(a)    The carrying value is considered to be representative of fair value because the rates of interest are not significantly different from market interest rates for instruments with similar maturities.
Financing Receivable, Allowance for Credit Loss
Changes in the ALLL are summarized as follows:
Commercial Real Estate LoansCommercial & IndustrialConsumer LoansTotal
December 31, 2019$24 $10,920 $25,738 $36,682 
Charge-offs— (10,109)(17,075)(27,184)
Recoveries17 559 1,849 2,425 
Provision(20)11,769 18,956 30,705 
September 30, 2020$21 $13,139 $29,468 $42,628 

The ALLL and outstanding loan balances according to the Company's impairment method are summarized as follows:
September 30, 2020Commercial Real Estate LoansCommercial & IndustrialConsumer LoansTotal
Allowance for loan losses:
Individually evaluated for impairment$11 $168 $— $179 
Collectively evaluated for impairment10 12,971 29,468 42,449 
Total$21 $13,139 $29,468 $42,628 
Outstanding loan balances:
Individually evaluated for impairment$11 $1,611 $— $1,622 
Collectively evaluated for impairment633 2,370,843 179,139 2,550,615 
Total$644 $2,372,454 $179,139 $2,552,237 

December 31, 2019Commercial Real Estate LoansCommercial & IndustrialConsumer LoansTotal
Allowance for loan losses:
Individually evaluated for impairment$12 $360 $— $372 
Collectively evaluated for impairment12 10,560 25,738 36,310 
Total$24 $10,920 $25,738 $36,682 
Outstanding loan balances:
Individually evaluated for impairment$12 $2,706 $— $2,718 
Collectively evaluated for impairment647 248,643 302,714 552,004 
Total$659 $251,349 $302,714 $554,722 
Financing Receivable, Past Due Past due loans (accruing and nonaccruing) are summarized as follows:
September 30, 2020Current30-89 Days
Past Due
90+ Days
Past Due
Total
Past Due
Total LoansRecorded
Investment
In Accruing
Loans 90+
Days Past Due
Nonaccrual
Loans
That Are
Current (a)
Commercial real estate loans$644 $— $— $— $644 $— $— 
Commercial and industrial2,355,496 9,492 7,466 16,958 2,372,454 7,466 — 
Consumer loans173,923 4,133 1,083 5,216 179,139 1,083 — 
Total loans$2,530,063 $13,625 $8,549 $22,174 $2,552,237 $8,549 $— 

December 31, 2019Current30-89 Days
Past Due
90+ Days
Past Due
Total
Past Due
Total LoansRecorded
Investment
In Accruing
Loans 90+
Days Past Due
Nonaccrual
Loans
That Are
Current (a)
Commercial real estate loans$659 $— $— $— $659 $— $— 
Commercial and industrial238,025 8,362 4,962 13,324 251,349 4,962 — 
Consumer loans292,394 7,231 3,089 10,320 302,714 3,089 — 
Total loans$531,078 $15,593 $8,051 $23,644 $554,722 $8,051 $— 
(a)    Represents nonaccrual loans that are not past due more than 30 days; however, full payment of principal and interest is still not expected.
Financing Receivable Credit Quality Indicators
Outstanding loan balances (accruing and nonaccruing) categorized by these credit quality indicators are summarized as follows:
September 30, 2020Non - GradedPassSpecial
Mention
Sub-
standard
DoubtfulTotal Loans
Commercial real estate loans$— $633 $— $11 $— $644 
Commercial and industrial214,225 2,153,140 3,478 1,611 — 2,372,454 
Consumer loans179,139 — — — — 179,139 
Total loans$393,364 $2,153,773 $3,478 $1,622 $— $2,552,237 

December 31, 2019Non - GradedPassSpecial
Mention
Sub-
standard
DoubtfulTotal Loans
Commercial real estate loans$— $647 $— $12 $— $659 
Commercial and industrial234,560 14,083 — 2,706 — 251,349 
Consumer loans302,714 — — — — 302,714 
Total loans$537,274 $14,730 $— $2,718 $— $554,722 
Impaired Financing Receivables Information on impaired loans is summarized as follows:
Recorded Investment
September 30, 2020Unpaid Principal
Balance
With No
Allowance
With
Allowance
Total Recorded
Investment
Related
Allowance
Average Recorded
Investment
Commercial real estate loans$11 $— $11 $11 $11 $11 
Commercial and industrial1,611 — 1,611 1,611 168 2,688 
Total loans$1,622 $— $1,622 $1,622 $179 $2,699 

Recorded Investment
December 31, 2019Unpaid Principal
Balance
With No
Allowance
With
Allowance
Total Recorded
Investment
Related
Allowance
Average Recorded
Investment
Commercial real estate loans$12 $— $12 $12 $12 $14 
Commercial and industrial2,706 — 2,706 2,706 360 2,746 
Total loans$2,718 $— $2,718 $2,718 $372 $2,760