Merchants & Planters Bank

 

USDA subsidy information for Merchants & Planters Bank

Merchants & Planters Bank received payments totaling $26,283,406 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 $10,347,854 $10,347,854
2020 $0 $51,205 $7,797,123 $7,848,327
2021 $0 $0 $5,831,666 $5,831,666
2022 $0 $1,729,751 $274,129 $2,003,880
2023 $0 $243,801 $7,878 $251,679
Total $0 $2,024,757 $24,258,649 $26,283,406

Counties where payments were made from

County Subsidy Payments 1995-2023
Arkansas County, Arkansas $523,253.00
Chicot County, Arkansas $90,067.00
Craighead County, Arkansas $12,648.00
Cross County, Arkansas $1,197,771.00
Desha County, Arkansas $3,361,581.00
Drew County, Arkansas $13,178.00
Independence County, Arkansas $621,938.00
Jackson County, Arkansas $11,275,109.00
Jefferson County, Arkansas $26,155.00
Lawrence County, Arkansas $78,504.00
Lincoln County, Arkansas $1,862,068.00
Lonoke County, Arkansas $91,502.00
Monroe County, Arkansas $360,258.00
Phillips County, Arkansas $5,612.00
Poinsett County, Arkansas $501,752.00
Prairie County, Arkansas $2,241,982.00
Saint Francis County, Arkansas $40,527.00
White County, Arkansas $118,543.00
Woodruff County, Arkansas $3,860,958.00
Total $26,283,406
 

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