HomeMy WebLinkAbout07 QUARTERLY INVESTMENT REPORTGmw9M@„
MEETING DATE:
TO:
FROM:
SUBJECT:
SUMMARY:
AGENDA REPORT
DECEMBER 6, 2016
JEFFREY C. PARKER, CITY MANAGER
SEAN THAN, ACTING FINANCE DIRECTOR
Agenda Item
Reviewed:
City Manager
Finance Director flia
QUARTERLY INVESTMENT REPORT FOR THE CITY OF TUSTIN AND THE
SUCCESSOR AGENCY FOR THE TUSTIN COMMUNITY REDEVELOPMENT
AGENCY
Government Code Section 53646 requires that the Treasurer make an Investment Report to the
City Council at least quarterly showing balances by authorized investment and certifying its
compliance with the adopted Investment Policy.
RECOMMENDATION:
Receive and file.
DISCUSSION:
In compliance with Government Code Section 53646, the attached Investment Report reporting cash
and investments for the City of Tustin and the Successor Agency for the Tustin Community
Redevelopment Agency for the quarter ending September 30, 2016 is rendered.
The City's total cash and investments as of September 30, 2016 were $179 million, a decrease of
$8 million from June 30, 2016 total cash and investments of $187 million. The decrease in cash and
investments of $8 million is primarily due to the $15 million payment to the Tustin Unified School
District for school facilities.
The weighted average portfolio yield of as of September 30, 2016 was 0.97%, two basis points below
the weighted average portfolio yield of 0.99% as of June 30, 2016. The weighted average days to
maturity of 441 as of September 30, 2016 and 456 days as of June 30, 2016. The primary reason
for the slight decrease in the weighted average portfolio yield and the decrease in the weighted
average days to maturity is due to several federal agency bonds being called during August 2016.
The City purchased several federal agencies and certificates of deposits (CDs) during August 2016.
Several federal agencies and CDs matured during the quarter.
QUARTERLY INVESTMENT REPORT FOR THE CITY OF TUSTIN AND THE SUCCESSOR AGENCY FOR THE
TUSTIN COMMUNITY REDEVELOPMENT AGENCY
December 6, 2016 Page 2 of 2
The investment portfolio is currently laddered to reflect the projected cash flow needs of the City
within the next three years for the completion of various capital projects primarily within the Legacy,
for water rehabilitation projects, and for funding of the new TUSD school building project.
The attached report was produced using the Tracker Portfolio Accounting and Reporting, which the
City is utilizing on a subscription basis. The application provides greater efficiency and accuracy in
tracking our investment portfolio and improves internal controls, including verification of interest
payments. Using the new application, we are able to daily update the data for new purchases,
maturities and calls as they occur. The reporting capabilities will provide valuable information for
managing the City's portfolio, ensuring safeguarding the prudent investment of City funds.
Sean ran
Acting Finance Director
Attachment: September 30, 2016 Quarterly Investment Report
9f
°r
9f0 �/F
v
9l /OF/9 W
9f
SrOr F/F
/t 1
F
SrOri� t
n
F
drOr /rt
.
/O
tr FiF V
\
r
af0 '9
O
four, V
•
Or
1 /J FFO�F/rl
6'
9f
Or
/O
f
9f /O
or
/r
F
/S
3t
Or
/r
/r
sl
I°r
/o
f
F
ot
or/1
,
F/S
Sl
°r
/f
Or
/O
F
br /6
Or
f/S
de,
Or
/r
f
fr /1
O
0 0
0
0
0
0
yg�
o
y4�
y4�
S
/
°fi
QS
f
CITY OF TL
Monthly Investment
September 30, 2016
DIVERSIFICATION
Investment Portfolio / Cost Value $179,222,578
Negotiable
Corporate
Certificate of
Bonds
Deposit
$20,946,773
$14,636,000
-21.69%
Municipal
Bonds
$5,023,858
2.80%
deral Agencies US Treasury
$40,893,500 $34,466,377
22.82% 19.23%
City of Tustin / September 2016
September 2016
Liquid (Daily)
$63,256,069
35.29%
DIVERSIFICATION
Investment Portfolio / Cost Value $195,046,651
Municipal
Bonds
$5,023,857
2.58%
Negotiable
Certificate of
Deposit
$12,896,000
6.61%
September 2015
Corporate
Bonds
$19,453,057
9.97%
Federal
Agencies
$75,502,800
38.71%
USTreasury
$34,464,268
17.67%
:squid (Daily)
$47,706,669
24.46%
Page 2 of 17
CITY OF TUSTIN
Monthly Investment Report
September 30, 2016
Liquidity Distribution
60.0%
N
50.0%
I
40.0% j
30.0%
20.0%
100% S
ra
I
UPTO1 2YEARS 3YEARS 4YEARS SYEARS >SYEARS
YEAR
::Uptoiyear 02years U3years ':74years C.5years _>Syears
City of Tustin / September 2016
COMPLIANCE
Investment Policy
Total % Invested Compliance
Commercial Notes
515% of total portfolio
11.69%
Yes
s 5 years remaining maturity
n/a
Yes
Commercial Paper
2925% oftotal portfolio
0.00%
Yes
5270days remaining maturity
n/a
Yes
If >_ 15% of total portfolio, weighted avg
must be 5 90 days
n/a
Yes
Municipal Bonds
15% of total portfolio
2.80%
Yes
55%in one issuer
2.23%
Yes
US Agency Bonds / Notes
2975% of total portfolio
22.82%
Yes
< 5 years remaining maturity
n/a
Yes
US Treasury
55 years remaining maturity
n/a
Yes
Certificate of Deposit - Negotiable
<30% of total portfolio
8.17%
Yes
55 years maturity
n/a
Yes
75% of Fiscal Year General Fund
Budgeted Expenditures 51 year
178.30%
Yes
Commerdal Paper and Commercial Notes
5 5% of total portfolio in one issuer
3.35%
Yes
Page 3 of 17
OF TUSTIN
Monthly Investment Report
September 30, 2076
COMPLIANCE
Investment Policy / Corporate Bonds
Corporate Bonds are required, at Settlement Date, to have a "A" rating from one of the three rating agencies.
Toyota Motor Credit
Berkshire Hathaway
Royal Bank of Canada
Royal Bank of Canada
BUT Corporation
UBS AG London
John Deere Capital Corporation
Wal-Mart Stores Inc.
Johnson &Johnson
Microsoft Corporation
Toyota Motor Credit
Bank of Nova Scotia
American Honda Finance
Microsoft Corporation
City of Tustin / September 2016
CUSIP Face Amount
89233P5S1
2,000,000
084670BD9
4,000,000
7801OUD20
1,000,000
78011DAC8
1,000,000
05531FAM5
1,000,000
H7210WAAO
1,000,000
24422ESB6
2,125,000
931142DF7
1,000,000
478160BGB
2,000,000
594918AV6
1,000,000
89236TBP9
1,000,000
064159GWO
1,500,000
0266SWAUS
1,000,000
594918BG8
1.000.000
LU,bZ1,000
Rating
Settlement Date
AA-
AA
Aa3
AAA
A2
AAA
A2
AA
AAA
AAA
A
Aa2
Al
AAA
Compliance
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Page 4 of 17
Current Rating
Moody's
5&P
Fitch
Aa3
AA-
A
Aa2
AA
A+
Aa3
AA-
NR
Aaa
NR
NR
A2
A-
A+
Aaa
NR
AAA
A2
A
NR
Aa2
AA
AA
Aaa
AAA
AAA
Aaa
AAA
AA+
Aa3
AA-
A
Aa3
A+
NR
Al
A+
NR
Aaa
AAA
AA+
Compliance
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Page 4 of 17
CITY OF TUSTIN
Monthly Investment Report
September 30, 2016
Cash and Investments / Summary
[t]
Description I Limits
Dally - Limit:
Investment Portfolio
[6] Reconciled I Bank of America Account. General Checking
Orange County Investment Pool
LAIF I Local Agency Investment Fund
Performance Measurement
Restricted / Un -Restricted Funds
[21 [31 141 151
Face Amount YTM@Cost CreditRating Cost Value*Accrued Market Value
Shares Interest
115,661,000.00 1.17
115,966,508.85 116,176,392.78
0.25 N/A
7,905,895.75
7,905,895.75
0.76 [71
10,503,592.33
10,503,592.33
0.63 N/A
44,846,580.88
44,846,580.88
63,256,068.96
63,256,068.96
Investment Portfolio TOTAL
179,222,577.81 179,432,461.74
Weighted Average Days to Maturity 441
Weighted Average Yield 0.97%
Benchmark/Treasury 2 Year 0.80%
UN -RESTRICTED General Fund cash balance as of 9/30/16 (unaudited) 26,899,161.92
SEMI -RESTRICTED Cash Balance as of 9/30/16 (unaudited) 56,764,313.55
Capital Projects, Proceeds from Land Sales, Backbone Infrastructure
RESTRICTED Cash balances as of 9/30/16 (un -audited) 90,521,410.37
Water, Special Revenue Funds, Community Facility Districts, Bond Proceeds
Total 174,184,885.84
Successor Agency
Community Redevelopment Agency / Cash & Investments Total 5,037,691.97
City of Tustin /September 2016
Page 5 of 17
CITY OF TUSTIN
Monthly Investment Report
September 30, 2016
Restricted Deposits with Fiscal Agents
I11 121 131 141 151
Description I Limits Face Amount YTM@Cost Credit Rating Cost Value + Accrued Market Value
Shares Interest
2010 RDA Housing Tax Allocation Bonds 1,828,867.14 N/A 1,828,867.14 1,828,867.14
2010 RDA Tax Allocation Bonds 2,829,429.91 N/A 2,829,429.91 2,829,429.91
2011 Water Revenue Bonds 1,763,982.93 N/A 1,763,982.93 1,763,982.93
2012 Water Revenue Bonds - Refunding 14.54 N/A 14.54 14.54
2013 Water Revenue Bonds 0.00 N/A 0.00 0.00
CFD 04-1 1,076,392.69 N/A 1,076,392.69 1,076,392.69
CFD 06.1 9,567,952.09 N/A 9,567,952.09 9,567,952.09
CFD 07.1 3,210,305.31 N/A 3,210,305.31 3,210,305.31
CFD 14-1 29,699,488.15 N/A 29,699,488.15 29,699,488.15
49,976,432.76 49,976,432.76 49,976,432.76
Restricted Deposits with Fiscal Agents TOTAL
City of Tustin /September 2016
49,976,432.76 49,976,432.76
Page 6 of 17
OF TUSTIN
Monthly Investment Report
September 30, 2018
Footnotes
(1) DESCRIPTION-LIMIT5 reflects the various authorized investments as documented in the most current adopted
investment policy and the allowable percentage of total portfolio per investment type.
(2) FACE AMOUNT/SHARES is the full value of the security before any discount or premium is paid at purchase.
(3) CREDIT RATING is the highest ratings from Standards & Poor's, Moody's or IDC Publishing Inc for bank ratings. IDC ratings are 1(lowest) to 300 (highest).
(4) COST VALUE + ACCRUED INTEREST is the original amount paid, including premiums/dismounts, and purchased accrued interest.
Amortization of discount/premium booked annually or when investment is sold/called/or matures.
(5) MARKET VALUE is the price at which similar securities are currently trading. Current market values are provided by
Bank of America and the State Treasurer's Office on all securities or deposits held in safekeeping for the City and the Successor Agency
for the Tustin Community Redevelopment Agency. Market value differences are only booked at year end.
(6) EARNINGS ALLOWANCE on compensating bank balances to offset bank activity charges. Allowance is included in the
Average Yield calculation. The cash balances include amounts "swept" from account for overnight investments.
(7) ORANGE COUNTY INVESTMENT POOL rating is AAAm. Orange County Treasury Extended Fund is not rated by sponsor's choice.
(8) Investments and earnings on monies held by fiscal agents generally are limited as to type and yield by the bond documents.
We certify that this report reflects all City of Tustin and the Successor Agency for the Tustin Community Redevelopment Agency (SATCRA) pooled investments.
The investments represented in this report are in conformity with the current adopted investment policy of the City of Tustin. The market values represented in
this report are provided by the Custodian Bank and Trustees currently holding securities for the City of Tustin and SATCRA.
The investment program herein shown provides sufficient cash flow liquidity to meet the next twelve (12) months estimated expenditures.
This statement is prepared in conformance with Section 53646 of the Government Code.
aig Shimomura, Chair
City of Tustin Audit Commission
City of Tustin /September 2016
Page 7 of 17
CITY OF TUSTIN
Monthly Investment Report
September 30, 2076
Compliance / Investment Policy
Description I Limits
z y
Restricted Cash with Fiscal Agents'
Investment Portfolio TOTAL
49,976,432.76 49,976,432.76
229,199,010.57 229,408,894.50
' Cash with Fiscal Agents are the Reserve and Construction Funds, held by Trustees for various City and RDA Bond Issues. Investment options are limited to those
specifically permitted by bond documents.
City of Tustin /September 2016
Page 8 of 17
Face Amount
Maximum Maturity-
Allowable
Total
Cost Value + Accrued
Market Value
Shares
Years
Portfolio of
Percentage of
Interest
Portfolio
Portfolio
US Treasury
34,500,000.00
5
No Limit
19.23%
34,466,377.32
34,546,169.50
US Agency
40,900,000.00
5
75%
22.82%
40,893,500.48
40,936,040.05
Municipal Bonds
5,000,000.00
5
15%
2.80%
5,023,857.78
5,064,330.00
Commercial Paper
0.00
5
15%
0.00%
0.00
0.00
Certificate of Deposit/Negotiable
14,636,000.00
N/A
30%
8.17%
14,636,000.00
14,846,985.35
Corporate Bonds
20,625,000.00
5
15%
11.69%
20,946,773.27
20,782,867.88
Cash
N/A
N/A
N/A
4.41%
7,905,895.75
7,905,895.75
Orange County Investment Pool
N/A
N/A
N/A
5.86%
10,503,592.33
10,503,592.33
LAW I Local Government lnvestnen Pool
N/A
N/A
N/A
25.02%
44,846,580.88
44,846,580.88
100.00%
179,222,577.81
179,432,461.74
Restricted Cash with Fiscal Agents'
Investment Portfolio TOTAL
49,976,432.76 49,976,432.76
229,199,010.57 229,408,894.50
' Cash with Fiscal Agents are the Reserve and Construction Funds, held by Trustees for various City and RDA Bond Issues. Investment options are limited to those
specifically permitted by bond documents.
City of Tustin /September 2016
Page 8 of 17
City of Tustin
Compliance Report -
Investment Policy
Report Format: By Transaction
Group By: Asset Class
Portfolio/Report Group: All Portfolios
As of 9/30/2016
Days
To
Maturity
Settlement
YTM @
Credit
Credit
Face
Cost Value +
% of
Description
CUSIP/Ticker Maturity
Date
Date
Cost
Rating 1
Rating 2
Amount/Shares
Accrued Interest
Cost Price
Market Value
Portfolio
> Liquid Assets
Local Agency
Investment Fund
LGIP0936
1
N/A
6/30/2015
0.634
NR
NR
43,799,339.38
43,799,339.38
100
43,799,339.38
24.46
LGIP
Bank of America -
Checking MM
MM0220
1
N/A
6/30/2015
0.250
NR
NR
7,905,895.75
7,905,895.75
100
7,905,895.75
4.41
Orange County
Investment Pool
LGIP91-E
1
N/A
6/30/2015
0.763
NR
NR
10,503,592.33
10,503,592.33
100
10,503,592.33
5.87
LGIP
Local Agency
Investment Fund
LGIP0002
1
N/A
6/30/2015
0.634
NR
NR
1,047,241.50
1,047,241.50
100
1,047,241.50
0.58
LGIP
Sub Total /
Average
1
0.607
63,256,068.96
63,256,068.96
100
63,256,068.96
35.32
Certificate of Deposit - Negotiable 30%
Great Southern
Bank 1 2/28/2017
39120VRK2
151
2/28/2017
8/28/2014
1.000
NR
NR
248,000.00
248,000.00
100
248,422.84
0.14
Barclays Bank 1.05
06740KGEI
200
4/18/2017
4/15/2014
1.050
NR
NR
248,000.00
248,000.00
100
248,740.03
0.14
4/18/2017
Provident Bank
743837BN5
325
8/21/2017
8/21/2014
1.050
NR
NR
248,000.00
248,000.00
100
248,817.41
0.14
1.05 8/21/2017
Spring Bank Bronx
NY 18/22/2017
849430AC7
326
8/22/2017
8/22/2014
1.000
NR
NR
248,000.00
248,000.00
100
248,814.68
0.14
First Bank IL 1.1
319141CG0
332
8/28/2017
8/27/2014
1.100
NR
NR
248,000.00
248,000.00
100
248,831.54
0.14
8/28/2017
Homebanc Naional
43738AFQ4
332
8/28/2017
8/27/2014
1.100
NR
NR
248,000.00
248,000.00
100
248,829.81
0.14
1.1 8/28/2017
Synovus Bank GA
B7164DFK1
333
8/29/2017
8/29/2014
1.150
NR
NR
248,000.00
248,000.00
100
248,943.64
0.14
1.15 8/29/2017
Highland Bank MN
429882EK5
333
8/29/2017
8/29/2014
1.050
NR
NR
248,000.00
248,000.00
100
248,828.82
0.14
1.05 8/29/2017
Wex Bank 1.05
11/
11/20/2017
92937CDC9
416
11/20/2017
11/20/2015
1.050
NR
NR
249,000.00
249,000.00
100
250,177.27
0.14
Investors Bank N7 1
46176PEF8
416
11/20/2017
5/20/2015
1.000
NR
NR
248,000.00
248,000.00
100
249,005.89
0.14
11/20/2017
Traditions Bank AL
89269CBJ0
475
1/18/2018
7/18/2014
1.200
NR
NR
248,000.00
248,000.00
100
249,236.28
0.14
1.2 1/18/2018
596689EA3
497
2/9/2018
7/9/2014
1.250
NR
NR
248,000.00
248,000.00
100
249,418.06
0.14
Page 9 of 17
Bank North Carolina
NC 1.2 10/16/2018
06414QWZ8
Days To
Maturity
Settlement
YTM @
Credit
Credit
Face
Cost Value +
100
% of
Description
CUSIP/Ticker
Maturity
Date
Date
Cost
Rating 1
Rating 2
Amount/Shares
Accrued Interest
Cost Price
Market Value
Portfolio
Middleton
100
254,009.29
0.14
Metro 2Bank GA
1 1/17//2019
0
59161TAJ6
839
1/17/2019
8/17/2016
1.000
NR
NR
248,000.00
Community Bank
248,000.00
100
248,059.27
0.14
First Service Bank 1
33640VBQO
872
2/19/2019
8/17/2016
1.000
NR
WI 1.25 2/9/2018
248,000.00
248,000.00
100
248,014.63
0.14
2/19/2019
Compass Bank AL
1.25 5/21/2018
20451PKX3
598
5/21/2018
5/20/2015
1.250
NR
NR
248,000.00
248,000.00
100
249,450.06
0.14
Marlin Business
8/17/2016
1.000
NR
NR
248,000.00
248,000.00
100
248,014.63
0.14
First Bank MS 1.5
2/28/2019
Bank UT 1.45
57116AJE9
633
6/25/2018
12/23/2014
1.450
NR
NR
248,000.00
248,000.00
248,000.00
100
250,338.89
0.14
6/25/2018
First South Bank NC
1.45 2/28/2019
33650QAH9
881
2/28/2019
8/28/2015
1.450
NR
NR
248,000.00
248,000.00
100
Security Federal
0.14
HSBC Bank Var.
Bank 1.25
81423LBWI
654
7/16/2018
10/14/2015
1.250
NR
NR
249,000.00
4/29/2014
249,000.00
100
249,054.53
0.14
7/16/2018-16
248,000.00
100
245,569.60
0.14
4/25/2019
Third Federal
First Capital Bank
VA 1.5 5/28/2019
31944FBH2
970
5/28/2019
1/28/2015
Savings 1.25
88413QAZ1
682
8/13/2018
2/13/2015
1.250
NR
NR
248,000.00
248,000.00
100
251,652.30
0.14
8/13/2018
5/28/2015
1.450
NR
NR
248,000.00
248,000.00
100
251,785.22
0.14
Synchrony Bank UT
(GE) 2 5/30/2019
Everbank
972
5/30/2019
5/30/2014
2.000
NR
NR
248,000.00
248,000.00
100
254,107.74
Jacksonville FL 1.45
29976DZX1
683
8/14/2018
8/14/2015
1.450
NR
NR
248,000.00
248,000.00
248,000.00
100
251,507.46
0.14
8/14/2018
0.14
American Express
1.95 7/10/2019
02587CAC4
1013
7/10/2019
7/10/2014
1.950
NR
NR
248,000.00
248,000.00
Ally Bank1.6
100
254,153.62
0.14
10/15/20188
02006LU50
745
10/15/2018
10/15/2015
1.600
NR
NR
248,000.00
248,000.00
100
251,640.39
0.14
Bank North Carolina
NC 1.2 10/16/2018
06414QWZ8
746
10/16/2018
10/16/2015
1.200
NR
NR
249,000.00
249,000.00
100
252,781.07
0.14
Sallie Mae Bank UT
2.15 10/30/2018
795450RA5
760
10/30/2018
10/30/2013
2.150
NR
NR
248,000.00
248,000.00
100
254,009.29
0.14
Metro 2Bank GA
1 1/17//2019
0
59161TAJ6
839
1/17/2019
8/17/2016
1.000
NR
NR
248,000.00
248,000.00
100
248,059.27
0.14
First Service Bank 1
33640VBQO
872
2/19/2019
8/17/2016
1.000
NR
NR
248,000.00
248,000.00
100
248,014.63
0.14
2/19/2019
Farm Bureau Bank
1 2/19/2019
307660KIS
872
2/19/2019
8/17/2016
1.000
NR
NR
248,000.00
248,000.00
100
248,014.63
0.14
First Bank MS 1.5
2/28/2019
319234A)9
881
2/28/2019
6/30/2015
1.500
NR
NR
248,000.00
248,000.00
100
251,641.38
0.14
First South Bank NC
1.45 2/28/2019
33650QAH9
881
2/28/2019
8/28/2015
1.450
NR
NR
248,000.00
248,000.00
100
253,118.97
0.14
HSBC Bank Var.
Negotiable CD
40434AJV2
937
4/25/2019
4/29/2014
1.260
NR
NR
248,000.00
248,000.00
100
245,569.60
0.14
4/25/2019
First Capital Bank
VA 1.5 5/28/2019
31944FBH2
970
5/28/2019
1/28/2015
1.500
NR
NR
248,000.00
248,000.00
100
254,287.30
0.14
First Business Bank
WI 1.45 5/28/2019
31938QL69
970
5/28/2019
5/28/2015
1.450
NR
NR
248,000.00
248,000.00
100
251,785.22
0.14
Synchrony Bank UT
(GE) 2 5/30/2019
3616OKL60
972
5/30/2019
5/30/2014
2.000
NR
NR
248,000.00
248,000.00
100
254,107.74
0.14
Discover Bank 2
7/9/2019
2546712E9
1012
7/9/2019
7/9/2014
2.000
NR
NR
248,000.00
248,000.00
100
254,144.45
0.14
American Express
1.95 7/10/2019
02587CAC4
1013
7/10/2019
7/10/2014
1.950
NR
NR
248,000.00
248,000.00
100
254,153.62
0.14
Page 10
of 17
Description
CUSIP/Ticker
Days To
Maturity
Maturity
Date
Settlement
Date
YTM @
Cost
Credit
Rating 1
Credit
Rating 2
Face
Amount/Shares
Cost Value +
Accrued Interest
Cost Price
Market Value
% of
Portfolio
Bridgewater Bank
108622EE7
1029
7/26/2019
1/27/2015
1.550
NR
NR
248,000.00
248,000.00
100
254,892.66
0.14
MN 1.55 7/26/2019
Connectone Bank
1.55 7/29/2019
20786ABA2
1032
7/29/2019
1/28/2015
1.550
NR
NR
248,000.00
248,000.00
100
254,913.74
0.14
Investors Bank WI
1.7 8/14/2019
46147UQR4
1048
8/14/2019
8/14/2015
1.700
NR
NR
248,000.00
248,000.00
100
254,966.07
0.14
Medallion Bank UT
1.2 8/19/2019
58403B4W3
1053
8/19/2019
8/19/2016
1.200
NR
NR
248,000.00
248,000.00
100
247,941.22
0.14
FNB of Mcgregor TX
1.1 8/19/2019
32112UCD1
1053
8/19/2019
8/18/2016
1.100
NR
NR
248,000.00
248,000.00
100
247,941.97
0.14
Merrick Bank UT
1.55 10/9/2019
590133KA6
1104
10/9/2019
10/9/2015
1.550
NR
NR
249,000.00
249,000.00
100
255,871.90
0.14
Capital One 2
11/5/2019
140420QN3
1131
11/5/2019
11/5/2014
2.000
NR
NR
248,000.00
248,000.00
100
255,290.46
0.14
City Bank UT 2.15
11/5/2019
17284C2R4
1131
11/5/2019
11/5/2014
2.150
NR
NR
248,000.00
248,000.00
100
256,034.21
0.14
American Express
2.2 11/29/2019
02587DWK0
1155
11/29/2019
11/28/2014
2.200
NR
NR
248,000.00
248,000.00
100
255,391.14
0.14
First Source Bank
1.75 12/30/2019
33646CFE9
1186
12/30/2019
6/30/2015
1.750
NR
NR
248,000.00
248,000.00
- 100
253,591.41
0.14
GE 6/20lBank 1.8
1/
1/16/20220
36162PF56
1203
1/16/2020
1/16/2015
1.800
NR
NR
248,000.00
248,000.00
100
256,272.54
0.14
Peoples United
Bank 1.85
71270QLM6
1208
1/21/2020
1/21/2015
1.850
NR
NR
248,000.00
248,000.00
100
256,276.26
0.14
1/21/2020
Bank of
Georgetown DC
06424XBT8
1217
1/30/2020
1/30/2015
1.650
NR
NR
248,000.00
248,000.00
100
256,328.58
0.14
1.65 1/30/2020
Private Bank IL 1.8
1/30/2020
74267GUW5
1217
1/30/2020
1/30/2015
1.800
NR
NR
248,000.00
248,000.00
100
256,221.94
0.14
Machias Savings
Bank 1.65 2/6/2020
554479DSI
1224
2/6/2020
2/6/2015
1.650
NR
NR
248,000.00
248,000.00
100
256,346.94
0.14
Signature BK of
Arkansas 1.15
82669LGH0
1236
2/18/2020
8/18/2016
1.150
NR
NR
248,000.00
248,000.00
100
247,944.20
0.14
2/18/2020
Beneficial Bank 1.3
3/9/2020
08173QBN5
1256
3/9/2020
3/9/2016
1.300
NR
NR
248,000.00
248,000.00
100
253,651.92
0.14
Goldman Sachs
Bank 1.95
381481MV0
1258
3/11/2020
3/11/2015
1.950
NR
NR
248,000.00
248,000.00
100
254,325.49
0.14
3/11/2020
Comenity Cap Bank
UT 2.15 6/29/2020
20033ALD6
1368
6/29/2020
6/29/2015
2.150
NR
NR
248,000.00
248,000.00
100
255,684.53
0.14
Bankof Deerfield
1.15 7//27/2020
061785DP3
1396
7/27/2020
8/26/2016
1.150
NR
NR
248,000.00
248,000.00
100
247,866.82
0.14
Capital One 2.3
14042E5MB
1412
8/12/2020
8/12/2015
2.300
NR
NR
248,000.00
248,000.00
100
257,551.22
0.14
8/12/2020
Page
11 of 17
Page 12 of 17
Days To
Maturity
Settlement
YTM0
Credit
Credit
Face
Cost Value+
%of
Description
CUSIP/Ticker
Maturity
Date
Date
Cost
Rating 1
Rating 2
Amount/Shares
Accrued Interest
Cost Price
Market Value
Portfolio
BMW Bank UT 2.25
055BOACSI
1421
8/21/2020
8/21/2015
2.250
NR
NR
248,000.00
248,000.00
100
257,574.29
0.14
8/21/2020
Apex Bank 1.25
2/17/2021
03753XAEO
1601
2/17/2021
8/17/2016
1.250
NR
NR
248,000.00
248,000.00
100
247,719.26
0.14
National
Cooperative Bank
635573AHI
1621
3/9/2021
3/9/2016
1.500
NR
NR
248,000.00
248,000.00
100
254,030.62
0.14
1.5 3/9/2021
Bankof [he Pacific
1.25 5//24/2021
06425BCK3
1697
5/24/2021
8/24/2016
1.250
NR
NR
248,000.00
248,000.00
100
247,785.48
0.14
Commercial Bank
Alma Mi 1.4
201282HD5
1781
8/16/2021
8/16/2016
1.400
NR
NR
248,000.00
248,000.00
100
247,706.12
0.14
8/16/2021
JPMorgan Chase
Bank NA 1.65
48126XAHS
1781
8/16/2021
8/16/2016
1.650
NR
NR
248,000.00
248,000.00
100
247,709.34
0.14
8/16/2021
Enerbank USA 1.45
29266N3H8
1791
8/26/2021
8/26/2016
1.450
NR
NR
248,000.00
248,000.00
100
247,757.95
0.14
8/26/2021
Sub Total /
Average
957
1.474
14,636,000.00
14,636,000.00
100
14,846,985.35
8.17
Corporate Bonds 15%
Toyota Motor 2.05
89233PSSI
104
1/12/2017
8/21/2014
0.885
Moodys-
S&P-AA-
2,000,000.00
2,059,441.67
102.75
2,004,302.00
1.15
1/12/2017
Aa3
Berkshire Hathaway
084670BD9
123
1/31/2017
6/5/2014
0.815
Moodys-
S&P-AA
4,000,000.00
4,139,988.89
102.84
4,012,412.00
2.30
1.9 1/31/2017
Aa2
UBS AG London
Bond 2.25
H7210WAAO
181
3/30/2017
7/13/2015
0.887
Moodys-
y
NR
1,000,000.00
1,029,557.50
102.312
3,004,830.00
0.57
3/30/2017
Aaa
Royal Bank 1.25
7801OUD20
259
6/16/2017
6/16/2014
1.178
Moodys-
S&P-AA-
1,000,000.00
1,002,100.00
100.21
1,000,388.00
0.56
6/16/2017
Aa3
BB&T 1.45
05531FAM5
469
1/12/2018
2/18/2015
1.451
Moodys-
S&P-A-
1,000,000.00
1,001,430.00
99.998
1,002,514.00
0.56
1/12/2018-17
A2
Deere John 1.3
24422ES66
528
3/12/2018
2/9/2015
1.166
Moodys-
S&P-A
2,125,000.00
2,144,865.21
100.404
2,127,930.38
1.19
3/12/2018
A2
Wal-Mart Stores Inc
931142DF7
558
4/11/2018
11/28/2014
1.346
Moodys-
S&P-AA
1,000,000.00
994,208.75
99.274
1,002,146.00
0.55
1.125 4/11/2018
Aa2
Royal Bank 1.2
78011DAC8
7199/19/2018
6/8/2015
1.144
Moodys-
NR
1,000,000.00
1,004,433.33
100.18
999,570.00
0.56
9/19/2018
Aaa
Johnson & Johnson
Note 1.65
478160BG8
796
12/5/2018
8/17/2015
1.271
Moodys-
S&P-AAA
21000,000.00
2,031,000.00
101.22
2,022,934.00
1.13
12/5/2018
Aaa
Microsoft Carp
594918AV6
797
12/6/2018
5/27/2015
1.148
Moodys-
S&P-AAA
1,000,000.00
1,024,138.75
101.642
1,012,234.00
0.57
1.625 12/6/2018
Aaa
Toyota Motor 2.125
89236TBP9
1021
7/18/2019
7/22/2014
2.057
Moodys-
5&P-AA-
1,000,000.00
1,003,436.11
100.32
1,018,483.00
0.56
7/18/2019
Aa3
Page 12 of 17
Days To
Maturity
Settlement
YTM @
Credit
Credit
Face
Cost Value +
/o of
Description
CUSIP/Ticker
Maturity
Date
Date
Cost
Rating 1
Rating 2
Amount/Shares
Accrued Interest
Cost Price
Market Value
Portfolio
American Honda
02665WAU5
1260
3/13/2020
12/8/2015
2.155
Moodys-
S&P -A+
1,000,000.00
1,004,876.39
99.98
1,021,951.00
0.56
Financial 2.15
Al
3/13/2020
Bank of Nova Scotia
2.35 10/21/2020
064159GWO
1482
10/21/2020
10/21/2015
2.296
Moodys-
S&P -A+
1,500,000.00
1,503,750.00
100.25
1,532,443.50
0.84
Aa3
Microsoft 2
11/3/2020-20
594918BG8
1495
11/3/2020
11/6/2015
1.929
Moodys-
S&P -AAA
1,000,000.00
1,003,546.67
100.338
1,020,730.00
0.56
Aaa
Sub Total /
Average
597
1.295
20,625,000.00
20,946,773.27
101.216132
20,782,867.88
11.66
Municipal Securities 15% / 5%
California 5T 1.25
11/1/2017
13063CPN4
397
11/1/2017
12/9/2014
1.150
Moodys-
S&P -AA-
2,000,000.00
2,006,632.22
100.283
2,004,800.00
1.12
Aa3
Fresno County
Pension 2.488
358266CQ5
1049
8/15/2019
9/8/2015
2.288
NR
S&P -AA-
1,000,000.00
1,007,845.56
100.75
1,025,690.00
0.56
8/15/2019
California ST 1.8
4/1/2020
13063CSQ4
1279
4/1/2020
4/29/2015
1.700
Moodys-
S&P -AA-
2,000,000.00
2,009,380.00
100.469
2,033,840.00
1.12
Aa3
Sub Total/
Average
881
1.599
5,000,000.00
5,023,857.78
100.451092
5,064,330.00
2.80
US Agency Bonds /
Notes 75%
FHLB 0.4
10/28/2016-16
3130A6MW4
28
10/28/2016
10/28/2015
0.400
Moodys-
S&P -AA+
1,000,000.00
1,000,000.00
100
1,000,053.00
0.56
Aaa
FHLB 0.55
12/16/20/2016
3130A5UB3
77
12/16/2016
6/30/2015
0.550
Moodys-
5&P -AA+
2,000,000.00
2,000,000.00
100
2,000,728.00
1.12
Aaa
FHLMC 0.78
3134G5VG7
90
12/29/2016
12/29/2014
0.780
Moodys-
S&P -AA+
2,000,000.00
2,000,000.00
100
2,002,414.00
1.12
12/29/2016
Aaa
FHLMC 0.7
12/30/2016
3134G5AQ8
91
12/30/2016
6/30/2014
0.700
Moodys-
S&P -AA+
2,000,000.00
2,000,000.00
100
2,000,940.00
1.12
Aaa
FHLB 0.75
3/30/2017
3130A3ML5
181
3/30/2017
12/30/2014
0.750
Moodys-
5&P -AA+
2,000,000.00
2,000,000.00
100
2,001,814.00
1.12
Aaa
FFCB 0.6
3133EEZR4
203
4/21/2017
4/29/2015
0.605
Moodys-
5&P -AA+
2,000,000.00
2,000,066.67
99.99
2,001,256.00
1.12
4/21/2017
Aaa
FFCB 1.11
2/20/2018
3133EEQMS
508
2/20/2018
2/20/2015
1.110
Moodys-
S&P -AA+
2,000,000.00
2,000,000.00
100
2,007,172.00
1.12
Aaa
FNMA 1.05
3136GIDGI
515
2/27/2018
7/1/2014
1.232
Moodys-
5&P -AA+
2,000,000.00
1,994,233.33
99.35
2,006,266.00
1.11
2/27/2018
Aaa
FFCB 1 5/21/2018
3133EEM98
598
5/21/2018
5/21/2015
1.010
Moodys
5&P -AA+
1,000,000.00
999,700.00
99.97
1,002,147.00
0.56
FHLMC 1
5/23/2018-16
3134G74Z1
600
5/23/2018
11/23/2015
1.172
Moodys-
S&P -AA+
1,000,000.00
995,780.00
99.578
1,000,002.00
0.56
Aaa
FHLB 1.125
9/14/2018
3130A6AE7
714
9/14/2016
9/18/2015
1.179
Moodys-
5&P -AA+
2,000,000.00
1,999,362.50
99.84
2,008,752.00
1.12
Aaa
3133EFBQ9
882
3/1/2019
9/1/2015
1.370
S&P -AA+
2,000,000.00
2,000,000.00
100
2,000,024.00
1.12
Page
13 of 17
Days Ta
Maturity
Settlement
YTM @
Credit
Credit
Face
Cost Value +
% of
Description
CUSIP/Ticker
Maturity
Date
Date
Cost
Rating 1
Rating 2
Amount/Shares
Accrued Interest
Cost Price
Market Value
Portfolio
FFCB 1.37
Moodys-
3/1/2019-16
Aaa
FHLMC 1.2
3134G9DK0
958
5/16/2019
5/16/2016
1.200
Moodys-
S&P -AA+
1,000,000.00
1,000,000.00
100
1,000,734,00
0.56
5/16/2019-17
Aaa
FNMA 1.1
3136G32A2
1057
8/23/2019
8/30/2016
1.100
Moodys-
S&P -AA+
5,000,000.00
5,000,000.00
100
4,995,175.00
2.79
8/23/2019-17
Aaa
FFCB 1
3133EFH59
1249
3/2/2020
3/2/2016
1.380
Moodys-
S&P -AA+
2,000,000.00
2,000,000.00
100
2,001,800.00
1.12
3/2/2020-20-17
Aaa
FNMA 1.75
3136G2KT3
1334
5/26/2020
5/26/2015
1.750
Moodys-
S&P -AA+
2,000,000.00
2,000,000.00
100
2,008,382.00
1.12
5/26/2020-17
Aaa
FHLB Step
3130A6RE9
1522
11/30/2020
11/30/2015
1.793
Moodys-
S&P -AA+
1,000,000.00
1,000,000.00
100
1,001,018.00
0.56
11/30/2020-16
Aaa
FHLB 1.375
3130A7CV5
1602
2/18/2021
4/4/2016
1.328
Moodys-
S&P -AA+
1,000,000.00
1,003,956.94
100.22
1,006,070.00
0.56
2/18/2021
Aaa
FNMA Step
3136G3AY1
1627
3/15/2021
3/15/2016
2.004
Moodys-
S&P -AA+
2,000,000.00
2,000,000.00
100
2,001,822.00
1.12
3/15/2021-17
Aaa
FHLB Step
3/15/2021-16
3130A7EG6
1627
3/15/2021
3/15/2016
2.216
Moodys-
Aaa
S&P -AA+
1,500,000.00
1,500,000.00
100
1,500,417.00
0.84
FHLMC Step
3134G8NQ8
1635
3/23/2021
4/4/2016
2.169
Moodys-
S&P -AA+
1,050,000.00
1,050,401.04
100
1,050,052.50
0.59
3/23/2021-16
Aaa
FHLMC Step
3134G8NV7
1642
3/30/2021
3/30/2016
2.118
Moodys-
S&P -AA+
1,500,000.00
1,500,000.00
100
1,500,040.50
0.84
3/30/2021-16
Aaa
FNMA 1.4
5/25/2021-17
3136G3U94
1698
5/25/2021
8/25/2016
1.400
Moodys-
Aaa
S&P -AA+
1,850,000.00
1,850,000.00
100
1,838,961.05
1.03
Sub Total/
863
1.237
40,900,000.00
40,893,500.48
99.954484
40,936,040.05
22.83
Average
US Treasury Securites 0%
T -Note 0.625
912828WF3
46
11/15/2016
5/13/2014
0.631
Moodys-
S&P -AA+
3,000,000.00
3,008,802.66
99.984375
3,001,524.00
1.67
11/15/2016
Aaa
T -Note 0.625
912828874
138
2/15/2017
2/12/2015
0.650
Moodys-
S&P -AA+
2,000,000.00
2,005,148.10
99.95
2,001,940.00
1.12
2/15/2017
Aaa
T -Note 0.625
91282BB74
138
2/15/2017
11/6/2014
0.643
Moodys-
S&P -AA+
5,000,000.00
5,005,048.23
99.96
5,004,850.00
2.79
2/15/2017
Aaa
T -Note 0.5
91282SK66
212
4/30/2017
5/14/2015
0.550
Moodys-
S&P -AA+
2,000,000.00
1,998,431.21
99.902539
1,999,558.00
1.12
4/30/2017
Aaa
T -Note 0.5
912828TG5
304
7/31/2017
7/31/2012
0.584
Moodys-
S&P -AA+
5,000,000.00
4,979,333.35
99.566667
4,995,310.00
2.78
7/31/2017
Aaa
T -Note 19/15/2017
91282BD98
350
9/15/2017
9/16/2014
1.056
Moodys
S&P -AA+
2,000,000.00
1,996,774.00
99.835938
2,006,172.00
1.11
T -Note 0.75
912828TWO
396
10/31/2017
7/14/2014
1.050
Moodys-
S&P -AA+
3,000,000.00
2,975,523.10
99.03125
3,002,109.00
1.66
10/31/2017
Aaa
T -Note 0.75
91282SUES
457
12/31/2017
12/7/2015
1.025
Moodys-
S&P -AA+
1,000,000.00
997,650.87
99.439
1,000,430.00
0.56
12/31/2017
Aaa
Page 14
of 17
Page 15 of 17
Days To
Maturity
Settlement
YTM @
Credit
Credit
Face
Cost Value +
% of
Description
CUSIP/Ticker
Maturity
Date
Date
Cost
Rating 1
Rating 2
Amount/Shares
Accrued Interest
Cost Price
Market Value
Portfolio
T -Note 0.875
912828U)7
488
1/31/2018
11/25/2014
1.035
Moodys-
S&P -AA+
2,000,000.00
1,995,563.86
99.5
2,004,218.00
1.11
1/31/2018
Aaa
T -Note 1 5/31/2018
912828VE7
608
5/31/2018
4/29/2015
0.915
Moodys
S&P -AA+
2,500,000.00
2,516,747.50
100.257812
2,509,862.50
1.40
T -Note 0.875
7/15/2018
912828XK1
653
7/15/2018
8/28/2015
0.963
Moodys-
S&P -AA+
5,000,000.00
4,992,730.98
99.75
5,009,180.00
2.79
Aaa
T -Note 0.875
10/15/2018
912828L81
74510/15/2018
11/4/2015
1.075
Moodys-
S&P -AA+
1,000,000.00
994,696.89
99.421875
1,001,641.00
0.56
Aaa
T -Note 1.25
12/15/2018
912828N22
80612/15/2018
12/22/2015
1.261
Moodys-
5&P -AA+
1,000,000.00
999,926.57
99.96875
1,009,375.00
0.56
Aaa
Sub Total/
Average
368
0.818
34,500,000.00
34,466,377.32
99.751122
34,546,169.50
19.22
Total / Average
441
0.970
178,917,068.96
179,222,577.81
100.09618
179,432,461.74
100
Page 15 of 17
City of Tustin
Monthly Investment Transactions
Portfolio/Report Group: All Portfolios
From 6/30/2016 To 9/30/2016
YTM @
Trade
Settlement
Maturity
Face
Description
CUSIP/Ticker
Portfolio Name
Cost
Date
Date
Date
Amount/Shares
Principal
Price
Interest/Dividends
Total
BUY
Metro City Bank GA 1
1/17/2019
59161TA16
City of Tustin -
Fixed Income
1.000
8/5/2016
8/17/2016
1/17/2019
248,000.00
248,000.00
100
0.00
248,000.00
Farm Bureau Bank 1
2/19/2019
307660K18
City of Tustin -
1.000
8/5/2016
8/17/2016
2/19/2019
248,000.00
248,000.00
100
0.00
248,000.00
Fixed Income
First Service Bank 1
2/19/2019
33640VBQO
City of Tustin -
Fixed Income
1.000
8/5/2016
8/17/2016
2/19/2019
248,000.00
248,000.00
100
0.00
248,000.00
Medallion Bank UT 1.2
8/19/2019
58403B4W3
City of Tustin -
1.200
8/5/2016
8/19/2016
8/19/2019
248,000.00
248,000.00
100
0.00
248,000.00
Fixed Income
INS
FNB of Mc9re9or TX 1.1
019
32112UCD1
City of Tustin -
Fixed Income
1.100
8/5/2016
8/18/2016
8/19/2019
248,000.00
248,000.00
100
0.00
248,000.00
FNMA 1.18/23/2019-17
3136G32A2
City of Tustin -
1.100
8/5/2016
8/30/2016
8/23/2019
5,000,000.00
5,000,000.00
100
0.00
5,000,000.00
Fixed Income
Signature of Arkansas
1.15 2/18/202020
82669LGHO
City of Tustin -
1.150
8/5/2016
8/18/2016
2/18/2020
248,000.00
248,000.00
100
0.00
248,000.00
Fixed Income
Bank of Deerfield 1.15
7/27/2020
061785DP3
City of Tustin -
1.150
8/5/2016
8/26/2016
7/27/2020
248,000.00
248,000.00
100
0.00
248,000.00
Fixed Income
Apex Bank 1.25 2/17/2021
03753XAEO
City of Tustin -
1.250
8/5/2016
8/17/2016
2/17/2021
248,000.00
248,000.00
100
0.00
248,000.00
Fixed Income
Bank 0
Bank of the Pacific 1.25
021
06425BCK3
City of Tustin -
1.250
8/5/2016
8/24/2016
5/24/2021
248,000.00
248,000.00
100
0.00
248,000.00
Fixed Income
FNMA 1.4 5/25/2021-17
3136G3U94
City of Tustin -
1.400
8/5/2016
8/25/2016
5/25/2021
1,850,000.00
1,850,000.00
100
0.00
1,850,000.00
Fixed Income
].Morgan Chase Bank NA
1.65 8/16/2021
48126XAH8
City of Tustin -
1.650
8/5/2016
8/16/2016
8/16/2021
248,000.00
248,000.00
100
0.00
248,000.00
Fixed Income
Commercial Bank Alma Mi
1.4 8/16/2021
201282HD5
City of Tustin -
1.400
8/5/2016
8/16/2016
8/16/2021
248,000.00
248,000.00
100
0.00
248,000.00
Fixed Income
EnerbankUSA 1.45
8/26/2021
8/26/202
29266N3118
City of Tustin -
Fixed Income
1.450
8/5/2016
8/26/2016
8/26/2021
248,000.00
248,000.00
100
0.00
248,000.00
Sub Total / Average
9,826,000.00
9,826,000.00
0.00
9,826,000.00
CALLED
FFCe 0.875 7/27/2017-16
3133EELS7
City of Tustin -
Fixed
0.000
8/25/2016
8/25/2016
7/27/2017
1,000,000.00
1,000,000.00
0
680.56
1,000,680.56
Income
FHLB 1 1/29/2018-16
3130A5UN7
City of Tustin -
0.000
7/29/2016
7/29/2016
1/29/2018
1,000,000.00
1,000,000.00
0
0.00
1,000,000.00
Fixed Income
FHLB 1.1 2/26/2018-16
3130A6822
City of Tustin -
0.000
8/26/2016
8/26/2016
2/26/2018
2,000,000.00
2,000,000.00
0
0.00
2,000,000.00
Fixed Income
94986TNE3
0.000
8/28/2016
8/28/2016
8/29/2018
248,000.00
248,000.00
0
0.00
248,000.00
Page 16 of 17
Page 17 of 17
YTM @
Trade
Settlement
Maturity
Face
Description
CUSIP/Ticker
Portfolio Name
Cost
Date
Date
Date
Amount/Shares
Principal
Price
Interest/Dividends
Total
Wells Fargo 1.4 8/29/2018-
City of Tustin -
16
Fixed Income
FNMA 1.57 1/9/2020-14
3135GOTB9
City of Tustin -
0.000
7/9/2016
7/9/2016
1/9/2020
1,000,000.00
1,000,000.00
0
0.00
1,000,000.00
Fixed Income
FNMA 1.75 11/25/2020-16
3135GOG56
City of Tustin -
0.000
8/25/2016
8/25/2016
11/25/2020
1,000,000.00
995,000.00
0
4,375.00
999,375.00
Fixed Income
FNMA 1.75 11/25/2020-16
3135GOG56
City of Tustin -
0.000
8/25/2016
8/25/2016
11/25/2020
2,000,000.00
1,993,000.00
0
8,750.00
2,001,750.00
Fixed Income
Sub Total / Average
8,248,000.00
8,236,000.00
13,805.56
8,249,805.56
MATURED
First National Bank AK 0.65
32114LAG4
City of Tustin -
0.000
8/1/2016
8/1/2016
8/1/2016
248,000.00
248,000.00
0
0.00
248,000.00
8/1/2016
Fixed Income
TCF National Bank 0.7
872278GD2
City of Tustin -
0.000
8/1/2016
8/1/2016
8/1/2016
248,000.00
248,000.00
0
0.00
248,000.00
8/1/2016
Fixed Income
Enerbank USA 0.65
29266NA80
City of Tustin -
0.000
8/1/2016
8/1/2016
8/1/2016
248,000.00
248,000.00
0
0.00
248,000.00
8/1/2016
Fixed Income
Talmer Bank and Trust MI
87482VAA3
City Tustin -
0.000
8/8/2016
8/8/2016
8/8/2016
248,000.00
248,000.00
0
0.00
248,000.00
0.7 8/8/2016
Fixed Income
I
Berkshire Hathaway 0.95
8/15/2016
084664BXB
City of Tustin -
0.000
8/15/2016
8/15/2016
8/15/2016
2,000,000.00
2,000,000.00
0
0.00
2,000,000.00
Fixed Income
Flushing Bank NY 0.7
8/15/2016
34387AA78
City Tustin -
0.000
8/15/2016
8/15/2016
8/15/2016
248,000.00
248,000.00
0
0.00
248,000.00
I
Fixed Income
FHLB 2 9/9/2016
313370TW8
City of Tustin -
0.000
9/9/2016
9/9/2016
9/9/2016
4,000,000.00
4,000,000.00
0
0.00
4,000,000.00
Fixed Income
Sub Total / Average
7,240,000.00
7,240,000.00
0.00
7,240,000.00
Page 17 of 17