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HomeMy WebLinkAbout15- Depository Bonds and Securities - As of 09-30-2015 DEPOSITORY BONDS AND SECURITIES September 30, 2015 MATURITY CUSIP NO/LOC NO. TOTALAMOUNF FIRST SECURITY BANK All Accounts Federal Deposit Insurance Corporation $ 250,000.00 Federal Home Loan Bank 12/09/2016 313371PV2 $2,000,000.00 Federal Home Loan Bank 05/15/2016 6I212LJR1 $ 1,000,000.00 TOTAL-First Security Bank $3,250 000.00 US BANK All Accounts Federal Deposit Insurance Corporation-Operating Accts $ 250,000.00 Federal Deposit Insurance Corporation-CD $ 250,000.00 LOC-FHLB Cincinnati 11/13/2015 518626 $ 3,000,000.00 LOC-FHLB Cincinnati 10/01/2015 518307 $ 10,000,000.00 TOTAL—US Bank $ 13,500.000 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 30,2015, by the banks of Bozeman and approve and accept the same. ' r ja, F y Y K. ICRAUSS,Mayor J � T C-Arn' r ` l+ di-A__ // /�'t// CARSON TAILOR, Deputy � ayor CHRIS MEHL, Commissioner ,dial At/ ` C - 'T IllipIR r missioner I-HO POMEROY, Ocmmissioner PLEDGED SECURITIES AND CASH IN BANK As of September 30, 2015 First Security Bank Total Cash& CD's on Deposit As of September 30,2015 $ 5,371,463.54 FDIC Coverage $ 250,000.00 Amount Remaining $ 5 121,463.54 Pledges required 50% $ 2,560,731.77 Actual Amount of Pledges As of September 30, 2015 $ 3,000,000.00 Over(Under)Pledged As of September 30, 2015 $ 439,268 23 US Bank Total Cash on Deposit As of September 30,2015 $ 9,245,399.44 FDIC Coverage $ 500,000.00 Amount Remaining 8.745.399.44 Pledges required104% $ 9,095,215.42 Actual Amount of Pledges As of September 30, 2015 $ 13,000,000.00 Over(Under)Pledged As of September 30,2015 $ 3,904.784 58 REFERENCE: Section 7-6-207,M.C.A.