First Guaranty Bank
USDA subsidy information for First Guaranty Bank
First Guaranty Bank received payments totaling $2,880,234 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 | $2,718,930 | $2,718,930 |
| 2020 | $0 | $38,084 | $123,220 | $161,304 |
| Total | $0 | $38,084 | $2,842,151 | $2,880,234 |
Crop Summary for First Guaranty Bank
| Crop | Payments 1995-2020‡ |
|---|---|
| Price Loss Coverage Payments | $2,248,611 |
Counties where payments were made from
| County | Subsidy Payments 1995-2020‡ |
|---|---|
| Acadia Parish, Louisiana | Farm Owner |
| Allen Parish, Louisiana | Farm Owner |
| Calcasieu Parish, Louisiana | Farm Owner |
| Cameron Parish, Louisiana | Farm Owner |
| Evangeline Parish, Louisiana | Farm Owner |
| Lafayette Parish, Louisiana | Farm Owner |
| Saint Landry Parish, Louisiana | Farm Owner |
| Saint Martin Parish, Louisiana | Farm Owner |
| Vermilion Parish, Louisiana | Farm Owner |
| Total | $2,880,234 |
‡ Data for 2020 includes payments made by USDA through June 30, 2020 and does not include crop insurance premium subsidies.
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