b'At December 31, 2018 and 2017, management analyzed the investment portfolio and determined no other-than-temporary losses exist.NOTE 4.CREDIT QUALITY OF FINANCING RECEIVABLES AND THE ALLOWANCE FOR LOAN LOSSESManagement segregates the loan portfolio into segments based on loan types and the underlying risk factors present in each loan type.Such risk factors are periodically reviewed by management and revised as deemed appropriate.These segments are used to assist the Bank in developing and documenting a systematic method for determining its allowance for loan losses.The Banks loan portfolio is segregated into the following portfolio segments.Construction , land development and other land loans.This portfolio segment includes construction loans to individuals and builders, primarily for the construction of residential properties and land loans, which are loans made with land as security.Construction and land development financing generally involves greater credit risk than long-term financing on improved, owner-occupied real estate.Risk of loss on a construction loan depends largely upon the accuracy of the initial estimate of the value of the property at completion of construction compared to the estimated cost (including interest) of construction and other assumptions.If the estimate of construction cost proves to be inaccurate, the Bank may be required to advance additional funds beyond the amount originally committed in order to protect the value of the property.Moreover, if the estimated value of the completed project proves to be inaccurate, the borrower may hold a property with a value that is insufficient to assure full repayment.Construction loans also expose the Bank to the risks that improvements will not be completed on time in accordance with specifications and projected costs and that repayment will depend on the successful operation or sale of the properties.In addition, many of these borrowers have more than one outstanding loan, so an adverse development with respect to one loan or credit relationship can expose the Bank to significantly greater risk of non-payment and loss.Farmland.This portfolio segment includes loans secured by farmland and improvements thereon, as evidenced by mortgages or other liens.Farmland includes all land known to be used or usable for agricultural purposes, such as crop and livestock production.Farmland includes grazing or pasture land, whether tillable or not and whether wooded or not.Residential properties.This portfolio segment includes the origination of first mortgage loans and home equity second mortgage loans secured by one to four family owner occupied or non-owner occupied residential properties. Non-farm nonresidential properties.This portfolio segment includes loans secured by real estate as evidenced by mortgages or other liens on nonfarm nonresidential properties, including business and industrial properties, hotels, motels, churches, non-profit organizations, clubs, lodges, association buildings, recreational facilities and similar properties.Commercial and Industrial loans.This portfolio segment includes commercial business loans secured by assignments of corporate assets and personal guarantees of the business owners.Commercial business loans generally have higher interest rates and shorter terms than one to four family residential loans, but they also may involve higher average balances, increased difficulty of loan monitoring and a higher risk of default since their repayment generally depends on the successful operation of the borrowers business.Consumer loans.This portfolio segment includes credit extended to individuals for household, family and other personal expenditures that are not secured by real estate, whether direct loans or purchased paper.Consumer loans generally have higher interest rates and shorter terms than one to four family residential loans, but involve lower average balances.During 2018, the Bank sold previously repossessed assets consisting of one mobile home and a vehicle for a gain of $1,576 which is included in noninterest income on the statement of income.The carrying value of repossessed property held at December 31, 2018 totaled $0.18'