b'bankable assets is not warranted.This classification does not mean that the loan has absolutely no recovery or salvage value but rather it is not practical or desirable to defer writing off this basically worthless asset even though partial recovery may be affected in the future.Key characteristics of these loans include: (1) no readily identifiable source of repayment (cash flow or liquidation of collateral), (2) not well secured and (3) not in process of collection and/or severe delinquency.Determinations as to the classification of assets and the amount of loss allowances are subject to review by the Banks principal federal regulator, the Federal Deposit Insurance Corporation, which can require that the Bank establish additional loss allowances.The Bank regularly reviews its asset portfolio to determine whether any assets require classification in accordance with applicable regulations.The following tables are a summary of the loan portfolio risk indicators by loan class as of December 31, 2019 and 2018, respectively. Credit Quality IndicatorsAs of December 31, 2019Commercial and Consumer Credit ExposureCredit Risk Profile by Creditworthiness Category1a1 & 1a2 1c2a, 1c2b, 1c1, 1d 1e1 & 1e2 46b, 6c & 6d 10Secured by construction,Secured bySecured by land and landresidentialnonfarmCommercial andLoans to Risk Ratings development properties nonresidential industrial loans individuals Leases TotalExcellent (1) $ - $102,232 $-$701,078 $ 493,520 $- $ 1 ,296,830Good (2) 1,658,24610,992,273 2,606,9603 1,749621,727 - 15,910,955Above Average (3) 7,957,017 6 1,277,073 10,771,733 551,544 1,050,688-81,608,055Average (4) 9,648,254 8 0,013,8482 7,875,4483,076,2691 ,784,2809,907 122,408,006Below Average (5) 6,224,515 3 0,857,821 32,156,028 7 ,845,027913,140 9 ,7257 8,006,256Watch (6)531,5424,625,401 3,907,7054,437,83771,260 -1 3,573,745Special Mention (7)179,7362,154,147 1 77,2574 86,999 4 1,620 -3 ,039,759Substandard (8) 2 3,9807 48,710576,470 12,09254,271 - 1,415,523Doubtful (9) - - -Loss (10) - Unrated * -2,240- - 137,281 -139,521Total $ 2 6,223,290 $ 190,773,745 $78,071,601 $1 7,142,595 $5,167,787 $1 9,632 $317,398,650* - Unrated loans secured by residential properties consist of loan modification receivable.Unrated loans to individuals consist of overdrafts, repossessed assets, and loan settlement accounts. 20'