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HomeMy WebLinkAbout18- Depository Bonds and Securities - As of 06-30-2018 DEPOSITORY BONDS AND SECURITIES AS OF JUNE 30, 2018 MATURITY CUSIP NO/LOC NO. TOTAL AMOUNT US BANK All Accounts Federal Deposit Insurance Corporation-Operating Accts $ 250,000.00 Federal Deposit Insurance Corporation-CD $ 250,000.00 LOC-FHLB Cincinnati 08/31/18 525931 $ 12,000,000.00 TOTAL—US Bank $ 12,500,000.00 FIRST SECURITY BANK All Accounts Federal Deposit Insurance Corporation $ 250,000.00 Central Noble IN 2012 BLDG PRO 07/15/2032 15464QDF3 $ 635,000.00 Celina TX ISD REF GO UNLTD BD 08/15/2033 151145NX3 $ 1,185,000.00 Celina TX ISD REF GO UNLTD BD 08/15/2034 151145NY1 $ 1,235,000.00 TOTAL-First Security Bank S 3,305,000.00 This is to certify that we,the Commission of the City of Bozeman, in compliance with the provisions of Section 7-6- 207, M.C.A., have this day certified the receipts of the First Security Bank and US Bank,for the Depository Bonds held by the Director of Finance as security=ce e-ds`p Sit for the City of Bozeman funds as of June 30, 2018, by a the banks of Bozeman and approve ande same. IA S, Mayor CHRIS MEHL, Deputy Mayo I-HO POME Y, Commi ner� V V/ JEFFREY K. KRAUSS, Commissioner TERRY CU ING M, ommissioner PLEDGED SECURITIES AND CASH IN BANK As of June 30, 2018 US BANK Total Cash and CD's on Deposit $4,885,820.33 FDIC Coverage $500,000.00 Amount Remaining $4,385,820.33 Pledges Required 104% $4,561,253.14 Actual Pledges $12,000,000.00 Over(Under) Pledged $7,438,746.86 FIRST SECURITY BANK CD's $3,269,725.17 FDIC Coverage $250,000.00 Amount Remaining $3,019,725.17 Pledges Required 50% $1,509,862.59 Actual Pledges $3,055,000.00 Over(Under) Pledged $1,545,137.42 REFERENCE: Section 7-6-207, M.C.A.