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Other Real Estate Owned
 12 Months Ended
Dec. 31, 2025
Repossessed Assets [Abstract]  
Other Real Estate Owned OTHER REAL ESTATE OWNED
OREO is a category of real estate owned by the Company resulting from a default by the borrower. Information with respect to the Company’s OREO is reflected in the following table:
Year Ended December 31,202520242023
Balance at beginning of year$4.3 $16.5 $12.7 
Additions0.4 4.6 8.3 
Valuation adjustments(0.2)(4.3)(1.1)
Dispositions(1.1)(12.5)(3.4)
Balance at end of year$3.4 $4.3 $16.5 
There were $0.2 million, $4.3 million and $1.1 million of valuation adjustments at December 31, 2025, 2024, and 2023 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, 2025 and 2024. The Company had $1.9 million and $2.2 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, 2025 and December 31, 2024, respectively.