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HomeMy WebLinkAbout14- Depository Bonds and Securities - As of 12-31-2014DEPOSITORY BONDS AND SECURITIES December 31, 2014 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 313371 PV2 $ 2,000,000.00 Federal Home Loan Bank 05/15/2016 61212LJRI $ 1.000,000.00 TOTAL - First Security Bank US BANK All Accounts Federal Deposit Insurance Corporation -Operating Accts Federal Deposit Insurance Corporation -CD 3,250,000,00 $ 250,000.00 $ 250,000.00 LOC -FHLB Cincinnati 02/02/2015 517072 $ 2,000,000.00 LOC -FHLB Cincinnati 04/01/2015 516470 $ 14,000.000.00 TOTAL — US Bank 16.500.000.00 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 December 31, 2014, by the banks of Bozeman and approve aDd-kccept the same. , / % IfAUSS, May /� �, M47Z^ CARSON TAYLW, Qeputy M&or CHRIS MEHL, Commissioner Commissioner I -HO POMEROY, Commissioner PLEDGED SECURITIES AND CASH IN BANK As of December 31, 2014 First Security Bank Total Cash & CD's on Deposit As of December 31, 2014 $ 5,347,410.92 FDIC Coverage $ 250.000.00 Amount Remaining 5.097.410.92 Pledges required 50% $ 2,548,705.46 Actual Amount of Pledges As of December 31, 2014 $ 3.000,000.00 Over (Under) Pledged As of December 31, 2014 451.294.54 US Bank Total Cash on Deposit As of December 31, 2014 $ 5,614,914.93 FDIC Coverage $ 500.000.00 Amount Remaining 5.114.914.93 Pledges required 104% $ 5,319,511.53 Actual Amount of Pledges As of December 31, 2014 $ 16.000.000.00 Over (Under) Pledged As of December 31, 2014 $ 10.680.488.47 REFERENCE: Section 7-6-207, M.C.A.