b'The following tables set forth as of December 31, 2019 and 2018 respectively, the balance of the allowance for loan losses by portfolio segment, disaggregated by impairment methodology, which is then further segregated by amounts evaluated for impairment collectively and individually.The allowance for loan losses allocated to each portfolio segment is not necessarily indicative of future losses in any particular portfolio segment and does not restrict the use of the allowance from absorbing losses in other portfolio segments.Allowance for Credit Losses and Recorded Investment in LoansDecember 31, 20191a1 & 1a2 1b 1c2a, 1c2b, 1c1, 1d 1e1 & 1e2 46b, 6c & 6d excess from reserve analysisalong with factor 10 reserveSecured by construction,Secured bySecured by land and landSecured byresidentialnonfarmCommercial andLoans to development farmland properties nonresidential industrial loans individuals Leases Unallocated TotalAllowance for credit losses:Beginning balance $ 381,392 $- $ 2,059,871 $7 31,478 $143,692 $ 169,010 $296 $ 180,647 $3,666,386Charged off loans 6 73,188-95,482 2 32,314 - -1 ,000,984Recoveries of previously charged off loans41,104 -4 4,433- 21,00050,562 - - 1 57,099Provision for (recovery of) loan losses 6 09,273 - (142,253)( 13,550) (24,652)186,989( 160)(180,647)435,000Ending balance $ 358,581 $- $1 ,866,569 $ 717,928 $ 1 40,040 $ 174,247 $ 1 36 $- $3,257,501Ending balance: individuallyevaluated for impairment $ 1 84 $- $ 5 ,960 $129 $-$- $- $ -$ 6,273Ending balance: collectivelyevaluated for impairment $3 58,397 $- $ 1,860,609 $7 17,799 $ 1 40,040 $ 174,247 $ 1 36 $- $ 3 ,251,228Loan receivables:Ending balance $26,223,290 $- $1 90,773,745 $78,071,601 $1 7,142,595 $5,167,787 $1 9,632 $- $ 3 17,398,650Ending balance: individuallyevaluated for impairment $6 5,628 $ -$ 1,954,032 $5 95,685 $12,092 $- $ -$- $2,627,437Ending balance: collectivelyevaluated for impairment $ 2 6,157,662 $ -$ 188,819,713 $ 7 7,475,916 $1 7,130,503 $5,167,787 $ 19,632 $- $314,771,213 18'