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Other Real Estate Owned
3 Months Ended
Mar. 31, 2022
Repossessed Assets [Abstract]  
Other Real Estate Owned Other Real Estate Owned
Other real estate owned is a category of real estate owned by the Company as a result of a default by the borrower. Information with respect to the Company’s other real estate owned is reflected in the following table:
Three Months Ended March 31,
20222021
Beginning balance$2.0 $2.5 
OREO acquired through acquisition 15.8 — 
Additions— 0.3 
Dispositions(0.3)(0.6)
Ending balance$17.5 $2.2 
The carrying value of foreclosed residential real estate properties included in other real estate owned was $0.2 million as of March 31, 2022 and $0.2 million as of December 31, 2021. 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 $0.4 million and $0.2 million as of March 31, 2022 and December 31, 2021, respectively.