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Loans Receivable, Including Loans Held For Sale (Tables)
6 Months Ended
Jun. 30, 2020
Receivables [Abstract]  
Trade and Other Receivables
Major classifications of loans receivable, including loans held for sale, held by WebBank, as of June 30, 2020 and December 31, 2019 are as follows:
TotalCurrentNon-current
June 30, 2020%December 31, 2019%June 30, 2020December 31, 2019June 30, 2020December 31, 2019
Loans held for sale$71,378  $225,013  $71,378  $225,013  $—  $—  
Commercial real estate loans$617  — %$659  — %—  —  617  659  
Commercial and industrial2,347,005  92 %251,349  45 %238,359  233,510  2,108,646  17,839  
Consumer loans212,603  %302,714  55 %71,210  125,067  141,393  177,647  
Total loans2,560,225  100 %554,722  100 %309,569  358,577  2,250,656  196,145  
Less:
Allowance for loan losses
(58,960) (36,682) (58,960) (36,682) —  —  
Total loans receivable, net
$2,501,265  $518,040  250,609  321,895  2,250,656  196,145  
Loans receivable, including loans held for sale (a)
$321,987  $546,908  $2,250,656  $196,145  
(a) The carrying value is considered to be representative of fair value because the rates of interest are not significantly different from market interest rates for instruments with similar maturities.
Financing Receivable, Allowance for Credit Loss Changes in the ALLL are summarized as follows:
Commercial Real Estate LoansCommercial & IndustrialConsumer LoansTotal
December 31, 2019$24  $10,920  $25,738  $36,682  
Charge-offs—  (6,213) (13,454) (19,667) 
Recoveries11  319  1,225  1,555  
Provision(14) 16,885  23,519  40,390  
June 30, 2020$21  $21,911  $37,028  $58,960  

The ALLL and outstanding loan balances according to the Company's impairment method are summarized as follows:
June 30, 2020Commercial Real Estate LoansCommercial & IndustrialConsumer LoansTotal
Allowance for loan losses:
Individually evaluated for impairment$11  $494  $—  $505  
Collectively evaluated for impairment10  21,417  37,028  58,455  
Total$21  $21,911  $37,028  $58,960  
Outstanding loan balances:
Individually evaluated for impairment$11  $2,729  $—  $2,740  
Collectively evaluated for impairment606  2,344,276  212,603  2,557,485  
Total$617  $2,347,005  $212,603  $2,560,225  

December 31, 2019Commercial Real Estate LoansCommercial & IndustrialConsumer LoansTotal
Allowance for loan losses:
Individually evaluated for impairment$12  $360  $—  $372  
Collectively evaluated for impairment12  10,560  25,738  36,310  
Total$24  $10,920  $25,738  $36,682  
Outstanding loan balances:
Individually evaluated for impairment$12  $2,706  $—  $2,718  
Collectively evaluated for impairment647  248,643  302,714  552,004  
Total$659  $251,349  $302,714  $554,722  
Financing Receivable, Past Due
Past due loans (accruing and nonaccruing) are summarized as follows:
June 30, 2020Current30-89 Days
Past Due
90+ Days
Past Due
Total
Past Due
Total LoansRecorded
Investment
In Accruing
Loans 90+
Days Past Due
Nonaccrual
Loans
That Are
Current (a)
Commercial real estate loans$617  $—  $—  $—  $617  $—  $—  
Commercial and industrial2,324,547  11,160  11,298  22,458  2,347,005  11,298  —  
Consumer loans207,387  3,592  1,624  5,216  212,603  1,624  —  
Total loans$2,532,551  $14,752  $12,922  $27,674  $2,560,225  $12,922  $—  
December 31, 2019Current30-89 Days
Past Due
90+ Days
Past Due
Total
Past Due
Total LoansRecorded
Investment
In Accruing
Loans 90+
Days Past Due
Nonaccrual
Loans
That Are
Current (a)
Commercial real estate loans$659  $—  $—  $—  $659  $—  $—  
Commercial and industrial238,025  8,362  4,962  13,324  251,349  4,962  —  
Consumer loans292,394  7,231  3,089  10,320  302,714  3,089  —  
Total loans$531,078  $15,593  $8,051  $23,644  $554,722  $8,051  $—  
(a) Represents nonaccrual loans that are not past due more than 30 days; however, full payment of principal and interest is still not expected.
Financing Receivable Credit Quality Indicators
Outstanding loan balances (accruing and nonaccruing) categorized by these credit quality indicators are summarized as follows:
June 30, 2020Non - GradedPassSpecial
Mention
Sub-
standard
DoubtfulTotal Loans
Commercial real estate loans$—  $606  $—  $11  $—  $617  
Commercial and industrial238,501  2,102,247  3,527  2,032  698  2,347,005  
Consumer loans212,603  —  —  —  —  212,603  
Total loans$451,104  $2,102,853  $3,527  $2,043  $698  $2,560,225  
December 31, 2019Non - GradedPassSpecial
Mention
Sub-
standard
DoubtfulTotal Loans
Commercial real estate loans$—  $647  $—  $12  $—  $659  
Commercial and industrial234,560  14,083  —  2,706  —  251,349  
Consumer loans302,714  —  —  —  —  302,714  
Total loans$537,274  $14,730  $—  $2,718  $—  $554,722  
Impaired Financing Receivables Information on impaired loans is summarized as follows:
Recorded Investment
June 30, 2020Unpaid Principal
Balance
With No
Allowance
With
Allowance
Total Recorded
Investment
Related
Allowance
Average Recorded
Investment
Commercial real estate loans$11  $—  $11  $11  $11  $12  
Commercial and industrial2,729  —  2,729  2,729  494  3,095  
Total loans$2,740  $—  $2,740  $2,740  $505  $3,107  

Recorded Investment
December 31, 2019Unpaid Principal
Balance
With No
Allowance
With
Allowance
Total Recorded
Investment
Related
Allowance
Average Recorded
Investment
Commercial real estate loans$12  $—  $12  $12  $12  $14  
Commercial and industrial2,706  —  2,706  2,706  360  2,746  
Total loans$2,718  $—  $2,718  $2,718  $372  $2,760