Southern Bancorp Bank
USDA subsidy information for Southern Bancorp Bank
Southern Bancorp Bank received payments totaling $18,197,676 from 1995 through 2020'‡';
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 1995-2020‡ |
|---|---|---|---|---|
| 1995 | $0 | $0 | $0 | $0 |
| 1996 | $0 | $0 | $0 | $0 |
| 1997 | $0 | $0 | $0 | $0 |
| 1998 | $0 | $0 | $0 | $0 |
| 1999 | $0 | $0 | $0 | $0 |
| 2000 | $0 | $0 | $0 | $0 |
| 2001 | $0 | $0 | $0 | $0 |
| 2002 | $0 | $0 | $0 | $0 |
| 2003 | $0 | $0 | $0 | $0 |
| 2004 | $0 | $0 | $0 | $0 |
| 2005 | $0 | $0 | $0 | $0 |
| 2006 | $0 | $0 | $0 | $0 |
| 2007 | $0 | $0 | $0 | $0 |
| 2008 | $0 | $0 | $0 | $0 |
| 2009 | $0 | $0 | $0 | $0 |
| 2010 | $0 | $0 | $0 | $0 |
| 2011 | $0 | $0 | $0 | $0 |
| 2012 | $0 | $0 | $0 | $0 |
| 2013 | $0 | $0 | $0 | $0 |
| 2014 | $0 | $0 | $0 | $0 |
| 2015 | $0 | $0 | $0 | $0 |
| 2016 | $0 | $0 | $0 | $0 |
| 2017 | $0 | $0 | $0 | $0 |
| 2018 | $0 | $0 | $0 | $0 |
| 2019‡ | $0 | $156,880 | $15,680,910 | $15,837,790 |
| 2020 | $0 | $3,103 | $2,356,783 | $2,359,886 |
| Total | $0 | $159,983 | $18,037,693 | $18,197,676 |
Crop Summary for Southern Bancorp Bank
| Crop | Payments 1995-2020‡ |
|---|---|
| Price Loss Coverage Payments | $6,044,892 |
Counties where payments were made from
| County | Subsidy Payments 1995-2020‡ |
|---|---|
| Arkansas County, Arkansas | $23,245 |
| Craighead County, Arkansas | $646,382 |
| Crittenden County, Arkansas | $545,447 |
| Jefferson County, Arkansas | $156,880 |
| Lee County, Arkansas | $276,011 |
| Miller County, Arkansas | $38,256 |
| Mississippi County, Arkansas | $1,472,808 |
| Monroe County, Arkansas | $161,192 |
| Phillips County, Arkansas | $8,715,766 |
| Poinsett County, Arkansas | $3,828,470 |
| Saint Francis County, Arkansas | $341,624 |
| Bolivar County, Mississippi | $171,112 |
| Coahoma County, Mississippi | $232,568 |
| Holmes County, Mississippi | $58,940 |
| Humphreys County, Mississippi | $2,427 |
| Leflore County, Mississippi | $63,268 |
| Panola County, Mississippi | $29,437 |
| Quitman County, Mississippi | $81,362 |
| Rankin County, Mississippi | $9,169 |
| Sunflower County, Mississippi | $553,271 |
| Washington County, Mississippi | $781,090 |
| Tipton County, Tennessee | $8,951 |
| Total | $18,197,676 |
‡ Data for 2020 includes payments made by USDA through June 30, 2020 and does not include crop insurance premium subsidies.
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