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Other Real Estate Owned
 12 Months Ended
Dec. 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:
Year Ended December 31,202020192018
Balance at beginning of year$8.5 $14.4 $10.1 
OREO acquired through acquisitions— 2.4 0.6 
Additions3.3 14.1 12.1 
Capitalized improvements— 0.3 — 
Valuation adjustments(0.1)(0.9)(0.1)
Dispositions(9.2)(21.8)(8.3)
Balance at end of year$2.5 $8.5 $14.4 
Write-downs of $0.1 million, $0.9 million, and $0.1 million during 2020, 2019, and 2018, respectively, were adjustments based on internal evaluations and other sources, including management estimates of the current fair value of properties, and adjustments directly related to receipt of updated appraisals.
The carrying value of foreclosed residential real estate properties included in other real estate owned was zero as of December 31, 2020 and $2.3 million as of December 31, 2019. 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 $0.2 million and $0.4 million as of December 31, 2020 and December 31, 2019, respectively.