Merchant & Planters Bank

 

USDA subsidy information for Merchant & Planters Bank

Merchant & Planters Bank received payments totaling $11,200,597 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 $0 $10,347,854 $10,347,854
2020 $0 $51,205 $801,539 $852,744
Total $0 $51,205 $11,149,393 $11,200,597

Crop Summary for Merchant & Planters Bank

Crop Payments 1995-2020‡
Price Loss Coverage Payments$6,929,987

Counties where payments were made from

County Subsidy Payments 1995-2020‡
Arkansas County, Arkansas $82,425
Craighead County, Arkansas $12,648
Cross County, Arkansas $714,613
Desha County, Arkansas $1,280,436
Independence County, Arkansas $269,606
Jackson County, Arkansas $5,106,594
Lawrence County, Arkansas $50,715
Lincoln County, Arkansas $670,521
Lonoke County, Arkansas $23,715
Monroe County, Arkansas $109,603
Phillips County, Arkansas $5,612
Poinsett County, Arkansas $151,720
Prairie County, Arkansas $946,649
White County, Arkansas $60,192
Woodruff County, Arkansas $1,766,754
Total $11,200,597

‡ Data for 2020 includes payments made by USDA through June 30, 2020 and does not include crop insurance premium subsidies.

 

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