First South Bank

 

USDA subsidy information for First South Bank

First South Bank received payments totaling $591,147 from 1995 through 2021

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
1995-2021
2019 $0 $0 $0 $0
2020 $0 $0 $396,088 $396,088
2021 $0 $0 $195,059 $195,059
Total $0 $0 $591,147 $591,147

Counties where payments were made from

County Subsidy Payments 1995-2021
Bladen County, North Carolina $21,375.00
Edgecombe County, North Carolina $85,230.00
Franklin County, North Carolina $64,243.00
Harnett County, North Carolina $62,724.00
Johnston County, North Carolina $274,644.00
Martin County, North Carolina $3,193.00
Nash County, North Carolina $557.00
Pender County, North Carolina $3,735.00
Pitt County, North Carolina $1,138.00
Sampson County, North Carolina $28,844.00
Wake County, North Carolina $20,750.00
Wayne County, North Carolina $682.00
Madison County, Tennessee $24,032.00
Total $591,147
 

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