HomeMy WebLinkAbout21- Depository Bonds and Securities - As of 09-30-2021
DEPOSITORY BONDS AND SECURITIES
AS OF
September 30, 2021
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 10/15/2021 554672 $ 17,000,000.00
TOTAL – US Bank $ 17,500,000.00
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 September 30,
2021, by the banks of Bozeman and approve and accept the same.
_____________________________________________
CYNTHIA L. ANDRUS, Mayor
_______________________________________ _______________________________________
TERRY CUNNINGHAM, Deputy Mayor I-HO POMEROY, Commissioner
_______________________________________ _______________________________________
CHRISTOPHER COBURN, Commissioner JENNIFER MADGIC, Commissioner
DocuSign Envelope ID: 6ADEC71F-B692-4EC6-B1A3-1CA345DE8868
PLEDGED SECURITIES AND CASH IN BANK
As of
September 30, 2021
US BANK
Total Cash and CD's on Deposit $5,580,145.43
FDIC Coverage $500,000.00
Amount Remaining $5,080,145.43
Pledges Required 104% $5,283,351.25
Actual Pledges $17,000,000.00
Over (Under) Pledged $11,716,648.75
FIRST SECURITY BANK
CD's $2,039,059.96
FDIC Coverage $250,000.00
Amount Remaining $1,789,059.96
Pledges Required 50% $894,529.98
Actual Pledges $2,420,000.00
Over (Under) Pledged $1,525,470.02
REFERENCE: Section 7-6-207, M.C.A.
DocuSign Envelope ID: 6ADEC71F-B692-4EC6-B1A3-1CA345DE8868