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Other Real Estate Owned
 12 Months Ended
Dec. 31, 2024
Repossessed Assets [Abstract]  
Other Real Estate Owned
Year Ended December 31,202420232022
Balance at beginning of year$16.5 $12.7 $2.0 
Acquired through acquisitions— — 15.8 
Additions4.6 8.3 0.4 
Valuation adjustments(4.3)(1.1)(2.8)
Dispositions(12.5)(3.4)(2.7)
Balance at end of year$4.3 $16.5 $12.7 
There were $4.3 million, $1.1 million and $2.8 million of valuation adjustments at December 31, 2024, 2023 and 2022 respectively, which 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 OREO was not material as of December 31, 2024 and 2023. The Company had $2.2 million and $0.5 million of recorded investments in consumer mortgage loans secured by residential real estate for which formal foreclosure proceedings were in process of foreclosure as of December 31, 2024 and December 31, 2023, respectively.