First South Bank

 

USDA subsidy information for First South Bank

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 1995-2023
Total Commodity Programs$626,061
Total Disaster Programs$176

Commodity subsidy breakdown

Subsidy ProgramTotal Payments 1995-2023
Total Commodity Programs$626,061
Coronavirus Food Assistance Program - Round 1$274,756
    CFAP Round 1 Payments$274,756
Coronavirus Food Assistance Program - Round 2$204,909
    CFAP Round 2 Payments$148,079
    CFAP Round 2 - Top up payment for acreage based commodities$56,830
Agricultural Risk Coverage (ARC) Program$21,879
    Agricultural Risk Coverage County Payment (ARC-CO)$21,879
Price Loss Coverage Program (PLC)$124,517
    Price Loss Coverage Program Payments (PLC)$124,517

Disaster subsidy breakdown

Subsidy ProgramTotal Payments 1995-2023
Total Disaster Programs$176
Emergency Livestock Assistance Program (ELAP)$176
    Emergency Livestock Assistance Program Payments (ELAP)$176
 

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