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HomeMy WebLinkAbout18- Depository Bonds and Securities - As of 03-31-2018 DEPOSITORY BONDS AND SECURITIES AS OF MARCH 31, 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 06/29/18 524786 $ 12,000,000.00 TOTAL—US Bank $ 16,500,000.00 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 $ 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,for the deposit for the City of Bozeman funds as of March 31,2018, by the banks of Bozeman and approve and accept the same. s f CYNTHIA L. ANDRUS, Mayor CHRIS MENil-, Deputy Mayor I-HO OMEROY, Commiss er JEFFREY K. KRAUSS, Commissioner TERRY CUNNINGHAM, Commissioner PLEDGED SECURITIES AND CASH IN BANK As of March 31, 2018 US BANK Total Cash and CD's on Deposit $6,142,998.19 FDIC Coverage $500,000.00 Amount Remaining $5,642,998.19 Pledges Required 104% $5,868,718.12 Actual Pledges $12,000,000.00 Over(Under) Pledged $6,131,281.88 FIRST SECURITY BANK CD's $3,264,337.52 FDIC Coverage $250,000.00 Amount Remaining $3,014,337.52 Pledges Required 50% $1,507,168.76 Actual Pledges $3,055,000.00 Over(Under) Pledged $1,547,831.24 REFERENCE: Section 7-6-207, M.C.A.