XML 48 R14.htm IDEA: XBRL DOCUMENT v3.20.1
Other Real Estate Owned
3 Months Ended
Mar. 31, 2020
Repossessed Assets [Abstract]  
Other Real Estate Owned
Other Real Estate Owned
    
Information with respect to the Company’s other real estate owned follows:
 
Three Months Ended March 31,
 
2020
2019
Beginning balance
$
8.5

$
14.4

Additions
0.9

8.4

Valuation adjustments

(0.3
)
Dispositions
(1.2
)
(1.4
)
Ending balance
$
8.2

$
21.1


The carrying values of foreclosed residential real estate properties included in other real estate owned were $3.1 million and $2.3 million as of March 31, 2020 and December 31, 2019, respectively. The Company had recorded investments in consumer mortgage loans secured by residential real estate for which formal foreclosure proceedings were in process of foreclosure of $0.8 million and $1.4 million as of March 31, 2020 and December 31, 2019, respectively.