HomeMy WebLinkAbout18- Depository Bonds and Securities - As of 09-30-2018 DEPOSITORY BONDS AND SECURITIES
AS OF
SEPTEMBER 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 11/30/18 526322 $ 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, for the deposit for the City of Bozeman funds as of September 30,
2018, by the banks of Bozeman and approve and accept the same.
CYNTHIA L. ANDRUS, Mayor
CHRIS MEHL, Deputy Mayor.- I-HO POME OY, Commiss,Jler
JEFFR Y K. , Commissioner TERRY CUNNINGHAM, Commissioner
PLEDGED SECURITIES AND CASH IN BANK
As of
September 30, 2018
US BANK
Total Cash and CD's on Deposit $5,796,482.51
FDIC Coverage $500,000.00
Amount Remaining $5,296,482.51
Pledges Required 104% $5,508,341.81
Actual Pledges $12,000,000.00
Over(Under) Pledged $6,491,658.19
FIRST SECURITY BANK
CD's $1,093,858.50
FDIC Coverage $250,000.00
Amount Remaining $843,858.50
Pledges Required 50% $421,929.25
Actual Pledges $3,055,000.00
Over(Under) Pledged $2,633,070.75
REFERENCE: Section 7-6-207, M.C.A.