USDA subsidy information for First State Bank Spearman
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 Program | Total Payments 1995-2023 |
|---|
| Total Commodity Programs | $861,790 |
| Total Disaster Programs | $4,143 |
Commodity subsidy breakdown
| Subsidy Program | Total Payments 1995-2023 |
|---|
| Total Commodity Programs | $861,790 |
| Agricultural Risk Coverage (ARC) Program | $69,333 |
| Agricultural Risk Coverage County Payment (ARC-CO) | $69,333 |
| Price Loss Coverage Program (PLC) | $792,457 |
| Price Loss Coverage Program Payments (PLC) | $792,457 |
Disaster subsidy breakdown
| Subsidy Program | Total Payments 1995-2023 |
|---|
| Total Disaster Programs | $4,143 |
| Non-insured Disaster Assistance | $4,143 |
| Non-insured Assistance Payment | $4,143 |
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