HomeMy WebLinkAbout20- Depository Bonds and Securities - As of 06-30-2020
DEPOSITORY BONDS AND SECURITIES
AS OF
June 30, 2020
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 04/01/2020 530814 $ 12,000,000.00
LOC-FHLB Cincinnati 06/30/2020 551508 $ 15,000,000.00
TOTAL – US Bank $ 27,500,000.00
FIRST SECURITY BANK
All Accounts
Federal Deposit Insurance Corporation $ 250,000.00
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 $ 2,670,000.00
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, for the deposit for the City of Bozeman funds as of June 30, 2020, by
the banks of Bozeman and approve and accept the same.
_____________________________________________
CYNTHIA L. ANDRUS, Mayor
_______________________________________ _______________________________________
I-HO POMEROY, Commissioner TERRY CUNNINGHAM, Commissioner
_______________________________________ _______________________________________
MICHAEL WALLNER, Commissioner
DocuSign Envelope ID: C432921C-B9AB-4DE6-AA83-8814B64EC545
PLEDGED SECURITIES AND CASH IN BANK
As of
June 30, 2020
US BANK
Total Cash and CD's on Deposit $21,827,381.21
FDIC Coverage $500,000.00
Amount Remaining $21,327,381.21
Pledges Required 104% $22,180,476.46
Actual Pledges $27,000,000.00
Over (Under) Pledged $4,819,523.54
FIRST SECURITY BANK
CD's $2,000,000.00
FDIC Coverage $250,000.00
Amount Remaining $1,750,000.00
Pledges Required 50% $875,000.00
Actual Pledges $2,420,000.00
Over (Under) Pledged $1,545,000.00
REFERENCE: Section 7-6-207, M.C.A.
DocuSign Envelope ID: C432921C-B9AB-4DE6-AA83-8814B64EC545