State Bank & Trust Company
USDA subsidy information for State Bank & Trust Company
State Bank & Trust Company received payments totaling $7,395,436 from 1995 through 2023
EWG has identified this recipient as a bank or lending institution that received the payment because the payment applicant had a loan requiring any subsidy payments go to the lender first. In 2019, the information provided to EWG by USDA began to include the entity that received the payment, rather than the person or entity that applied for it, which was previously provided. This move to shield subsidy recipients from disclosure enables USDA to further evade taxpayer accountability. Six percent of subsidy dollars went to banks, lending institutions, or the Farm Service Agency.
| Year | Conservation Subsidies | Disaster Subsidies | Commodity Subsidies | Total USDA Subsidies 1995-2023 |
|---|---|---|---|---|
| 2019 | $0 | $0 | $2,742,726 | $2,742,726 |
| 2020 | $0 | $0 | $3,121,453 | $3,121,453 |
| 2021 | $0 | $0 | $1,531,258 | $1,531,258 |
| 2022 | $0 | $0 | $0 | $0 |
| 2023 | $0 | $0 | $0 | $0 |
| Total | $0 | $0 | $7,395,436 | $7,395,436 |
Counties where payments were made from
| County | Subsidy Payments 1995-2023 |
|---|---|
| Coffee County, Alabama | $28,113.00 |
| Geneva County, Alabama | $119,413.00 |
| Henry County, Alabama | $158,145.00 |
| Houston County, Alabama | $1,421.00 |
| Tuscaloosa County, Alabama | $97,846.00 |
| Acadia Parish, Louisiana | $421,964.00 |
| Bolivar County, Mississippi | $1,514,727.00 |
| Coahoma County, Mississippi | $575,521.00 |
| Lafayette County, Mississippi | $66,518.00 |
| Lee County, Mississippi | $53,889.00 |
| Leflore County, Mississippi | $2,568,699.00 |
| Panola County, Mississippi | $45,116.00 |
| Sunflower County, Mississippi | $669,877.00 |
| Tallahatchie County, Mississippi | $1,028,670.00 |
| Tippah County, Mississippi | $11,250.00 |
| Washington County, Mississippi | $34,267.00 |
| Total | $7,395,436 |
Increasing crop reference prices would hurt young farmers
Do billionaires get farm subsidies?
Crop insurance pays billions in weather-related losses linked to the climate crisis
Crop insurance costs soar over time, reaching a record high in 2022
As the climate emergency heats up the Southwest, crop insurance payouts for heat surge
In the intensifying climate crisis, a hotter Southwest spurs rising heat-related crop insurance costs
