First National Bank - Floydada

 

USDA subsidy information for First National Bank - Floydada

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$3,624,051
Total Conservation Programs$5,919
Total Disaster Programs$187,222

Commodity subsidy breakdown

Subsidy ProgramTotal Payments 1995-2021
Total Commodity Programs$3,624,051
Coronavirus Food Assistance Program - Round 1$6,908
    CFAP Round 1 Payments$6,908
Market Facilitation Program (MFP)$2,511,229
    Market Facilitation Program Payment (MFP) - Non-specialty crops$2,511,229
Agricultural Risk Coverage (ARC) Program$26,095
    Agricultural Risk Coverage County Payment (ARC-CO)$26,095
Price Loss Coverage Program (PLC)$1,079,818
    Price Loss Coverage Program Payments (PLC)$1,079,818

Conservation subsidy breakdown

Subsidy ProgramTotal Payments 1995-2021
Total Conservation Programs$5,919
Conservation Reserve Program$5,919
    CRP - Annual Land Rental$5,919

Disaster subsidy breakdown

Subsidy ProgramTotal Payments 1995-2021
Total Disaster Programs$187,222
Wildfires and Hurricane Indemnity Program Payments$187,222
    Wildfires and Hurricane Indemnity Program Payments - Milk Loss$187,222
 

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