Southern Bank

 

USDA subsidy information for Southern Bank

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.

Payment Breakdown

Subsidy ProgramTotal Payments 1995-2021
Total Commodity Programs$20,489,749
Total Disaster Programs$95,409

Commodity subsidy breakdown

Subsidy ProgramTotal Payments 1995-2021
Total Commodity Programs$20,489,749
Coronavirus Food Assistance Program - Round 1$283,168
    CFAP Round 1 Payments$273,365
    CFAP Round 1 - Top up payment for cattle$9,803
Coronavirus Food Assistance Program - Round 2$638,772
    CFAP Round 2 Payments$273,046
    CFAP Round 2 - Top up payment for acreage based commodities$365,726
Market Facilitation Program (MFP)$8,442,292
    Market Facilitation Program Payment (MFP) - Non-specialty crops$8,442,292
Agricultural Risk Coverage (ARC) Program$510,824
    Agricultural Risk Coverage County Payment (ARC-CO)$509,119
    Agricultural Risk Coverage Individual Payment (ARC-IC)$1,705
Price Loss Coverage Program (PLC)$10,614,693
    Price Loss Coverage Program Payments (PLC)$10,614,693

Disaster subsidy breakdown

Subsidy ProgramTotal Payments 1995-2021
Total Disaster Programs$95,409
Wildfires and Hurricane Indemnity Program Payments$95,409
    Wildfires and Hurricane Indemnity Program Payments - Milk Loss$95,409
 

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