HomeMy WebLinkAbout18- Depository Bonds and Securities - As of 12-31-2018 DEPOSITORY BONDS AND SECURITIES
AS OF
DECEMBER 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 01/31/2019 527077 $ 12,000,000.00
TOTAL—US Bank $ 12,500,000.00
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 Fir ecurity Bank and US Bank,for the Depository Bonds
held by the Director of Finance ass security,forthe depo ' f the City of Bozeman funds as of December 31, 2018,
by the banks of Bozeman and appr ve and -ce t t s e
C HIA L. ANDRUS, Mayor
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CHRIS MEHL, Deputy Mayor I-HO POMEROY, raaY,nissioner
JEFFREY K. KRAUSS, Commissioner TERRY CUNN NGf , Commissioner
PLEDGED SECURITIES AND CASH IN BANK
As of
December 31, 2018
US BANK
Total Cash and CD's on Deposit $6,105,601.16
FDIC Coverage $500,000.00
Amount Remaining $5,605,601.16
Pledges Required 104% $5,829,825.21
Actual Pledges $12,000,000.00
Over(Under) Pledged $6,170,174.79
FIRST SECURITY BANK
CD's $1,096,312.94
FDIC Coverage $250,000.00
Amount Remaining $846,312.94
Pledges Required 50% $423,156.47
Actual Pledges $2,420,000.00
Over(Under) Pledged $1,996,843.53
REFERENCE: Section 7-6-207, M.C.A.