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HomeMy WebLinkAbout22- Depository Bonds and Securities - As of 06-30-2022 DEPOSITORY BONDS AND SECURITIES AS OF June 30, 2022 MATURITY CUSIP NO/LOC NO. TOTAL AMOUNT US BANK All Accounts Federal Deposit Insurance Corporation-Operating Accts $ 250,000.00 LOC-FHLB Cincinnati 08/15/2022 567478 $ 18,000,000.00 TOTAL – US Bank $ 18,250,000.00 FIRST SECURITY BANK All Accounts Federal Deposit Insurance Corporation $ 0.00 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 $ 2,420,000.00 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 June 30, 2022, 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: B7970AB7-602C-4307-997A-D5DF0DAC08DE PLEDGED SECURITIES AND CASH IN BANK As of June 30, 2022 US BANK Total Cash on Deposit $13,917,914.63 FDIC Coverage $250,000.00 Amount Remaining $13,667,914.63 Pledges Required 104% $14,214,631.22 Actual Pledges $18,000,000.00 Over (Under) Pledged $3,785,368.78 FIRST SECURITY BANK CD's $0.00 FDIC Coverage $0.00 Amount Remaining $0.00 Pledges Required 50% $0.00 Actual Pledges $2,420,000.00 Over (Under) Pledged $2,420,000.00 REFERENCE: Section 7-6-207, M.C.A. DocuSign Envelope ID: B7970AB7-602C-4307-997A-D5DF0DAC08DE