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HomeMy WebLinkAboutTreasurer's Investment Report and Transaction Reporting for the month of September 2013 • Sweeney, Kathleen From: Akins, Susan Sent: Thursday, October 24, 2013 3:26 PM To: Liu, Annie; 'Christy Patterson, Butte County Schools JPA'; Worsham, Colette; Houser, David; !turtle, Greg; 'Heather Naylor, Gridley Unified School District'; Cook, Holly; Smith, Jerry; Sweeney, Kathleen; Mathes, Kathryn; 'Kevin Bultema, Chico Unified School District'; Barnes, C. Linda; 'Lisa Anderson, TOC Member(BCOE rep)'; 'Mark Milburn, TOC Member'; 'Maureen Fitzgerald, Chico Unified School District'; Jessee, Meegan; 'Mia Osborne-Ng, Executive Assistant to the Butte County Superintendent of Schools'; Ramsey, Mike; Moak, Peggy; Bennett, Robin; Wright, Ruth; Taber, Stephanie; Hubbard, Sheryl; Connelly, Bill; Kirk, Maureen; Lambert, Steve; Teeter, Doug; Wahl, Larry; Akins, Susan; 'Susan Watts, TOC Member (OUHSD rep)'; Borzage, Susie; 'Tim Taylor, Butte County Superintendent of Schools'; Blenn, Tina; Limper, Thomas; 'Trevor Stewart, Butte-Glenn Community College'; 'Bangor Cemetary District-Theresa Phillips, Trustee'; 'BCMAD'; 'BCOE, Adrian Barron'; 'BCOE, Patty Libby'; 'BCOE, Stephanie Wisterman'; 'BCOE, Triny Perales'; 'Butte Co Resource Conservation'; 'Butte Co Resource Conservation'; 'Butte County Resource Conservation District'; 'Butte Creek Drainage, Drainage District#2'; 'Buzztail CSD'; 'CARD'; 'Cheryl Smith, District Manager, Oroville Cemetary District'; 'Christie Rogers (1) as Office Mgr/Bookkeeper, Butte Creek Drainage District'; 'Christie Rogers (2)as Secretary/Treasurer, Western Canal Water District'; 'Christy Patterson, Executive Director, Butte Schools Self- Funded Programs'; Quigley, Cindy; 'Drainage District#1'; 'Drainage District#100'; 'Drainage District#200'; 'Durham Mosquito'; 'Durham Mosquito'; 'Durham Recreation & Park'; 'Durham Recreation & Park'; 'Dwayne Long, Lake Oroville Area Public Utility District'; 'El Medio Fire'; 'El Medio Fire'; 'Feather River Recreation & Park'; 'Gridley-Biggs Cemetery'; Broderson, Jill; 'Kimshew Cemetery'; 'Oroville Mosquido'; 'Oroville Mosquito'; 'Paradise Cemetery'; 'Paradise Recretion & Park'; 'Pine Creek Cemetery'; 'Richardson Springs Comm Svcs District'; 'Richvale Recreation'; 'Richvale Sanitary'; 'Rock Creek Reclamation'; 'Sacramento River Reclamation'; 'Sacramento River Reclamation'; 'Susan Martin, Finance Manager, Feather River Recreation and Park District'; Wheeler, April; 'Upham Cemetery' Subject: Monthly Investment Reporting -September 2013 Attachments: September 30, 2013 Investment Report.pdf; September 30, 2013 Transaction Reporting to the BOS.pdf Good afternoon: The Treasurer's Investment Report and Transaction Reporting to the BOS for the month ending September 30, 2013 are attached, for your reference. If you have any questions or concerns, please feel free to contact me. Thanks much, Susan Akins Administrative Analyst Butte County Treasurer-Tax Collector 25 County Center Drive, Suite 125 Oroville, CA. 95965 ea (530) 538-2196 (530) 538-7648 sak insAbuttecou nty.net CONFIDENTIALITY NOTICE - COUNTY OF BUTTE E-MAIL DISCLAIMER: This e-mail and any attachments thereto may contain private, confidential, and privileged material for the sole use of the intended recipient. Any review, reproduction, or distribution of this e-mail (or any attachments thereto) by other than the County of Butte or the intended recipient is strictly prohibited. If you are not the intended recipient, please contact the sender immediately and permanently delete the original and any copies of this e-mail and any attachments thereto. 1 (C ge5 (±1 it 41 LAND OF NATURAL WEALTH AND BEAUTY '` 0 C. LINDA BARNES r t=. TREASURER-TAX COLLECTOR � COUNTY ADMINISTRATIVE BUILDING ®v�'� 25 COUNTY CENTER DRIVE,SUITE 125 OROVILLE,CALIFORNIA 95965-3384 TELEPHONE: (530)538-7701 FAX:(530)538-7648 October 24, 2013 Butte County Board of Supervisors Butte County Chief Administrative Officer The attached statements showing investment transactions for the month ending September 30, 2013 are submitted in accordance with Government Code, and with Local Agency Investment Guidelines as recently revised by the California Debt and Investment Advisory Commission. The Investment Policy effective July 1, 2013 includes a provision for monthly reporting of investment transactions to the Board of Supervisors. In addition to the above, Investment Reports will be submitted via email distribution, on a monthly basis, going forward. As has been our practice, Quarterly Investment Reports are also made available on the Treasurer-Tax Collector website at http://www.buttecounty.net/ttc. If you have any questions regarding recent changes to investment reporting, please feel free to contact me, or Peggy Moak, at 538-7443. Yours truly, 1 . ^ :it_ C. Linda Barnes Butte County Treasurer-Tax Collector Monthly Investment Transaction Reporting Table of Contents Funds Under Management of Trustees • U.S. Bank — 2003 Refunding COP • Wells Fargo Bank — 2004 Pension Obligation Bonds • Wells Fargo Bank — 2006 Certificates of Participation • Umpqua Bank - York Risk Services Group Local Agency Investment Fund • Butte County Treasurer • Butte Community College District • Paradise Unified School District • Oroville Union School District • Chico Unified School District • Butte County Office of Education Rabobank CalTrust U.S. Bank Safekeeping Butte County Treasurer Monthly Investment Transaction Reporting Funds Under Management of Trustees U.S. BANK, Trustee 2003 Refunding COP Transaction Activity Lease Payment Reserve Fund Expense Fund Total Cash Acct.No Acct.No Acct.No With Date Transaction XXXX6100 XXXX6101 XXXX6106 Fiscal Agent 3/31/2013 ENDING MKT VALUE 6,989.89 436,451.06. 9,740:52 453,181.47 Estimated Gain/Loss (1124.20) (1,124.20) Interest Earned 0.24 6,979.63 0.33 6,980.20 AC-366,Interest,Justice Facility 0.00 AC-XXX,Principal,Justice Facility 0.00 Trustee Fee 0.00 Interest Payment 0.00 Transfer 0.00 4/30/2013 ENDING MKT VALUE 6,990.13 442,306.49 9,740.85 459,037.47 Estimated Gain/Loss 0.185.80) (1,155.50) Interest Earned 0.23 1.55 0.32 2.10 AC-366,Interest,Justice Facility 0.00 AC-XXX,Principal,Justice Facility 0.00 Trustee Fee 0.00 Interest Payment 0.00 Transfer 0.00 5/31/2013 ENDING MKT VALUE 6,990.36 441,122.24 9,741.17 457,853.77 Estimated Gain/Loss (1,056.45) (1,066,45) Interest Earned 0.24 1.74 0.33 2.31 AC-366,Interest,Justice Facility 406,465.46 406,465.46 AC-XXX,Principal,Justice Facility 0.00 Trustee Fee (2,750.00) (2750,00) Interest Payment 0.00 Transfer 0.00 6/30/2013 ENDING MKT VALUE 413,456.06 440,057.53 6,991.50 860,505.09 Estimated Gain/Loss (5070.30) (1,070.30) Interest Earned 6.47 1.68 0.31 8.46 AC-366,Interest,Justice Facility (13.455.00) (13,455.00) AC-XXX,Principal,Justice Facility (100,000,00) (400,000.00) Trustee Fee 0.00 Interest Payment 0.00 Transfer 6,985.88 (6585.88) 0.00 7/31/2013 ENDING MKT VALUE 6,993.41 432,003.03 6,991.81 445,988.25 Estimated Gain/Loss (1,197 35) (1,197.35) Interest Earned 0.13 1.61 0.24 1.98 AC-366,Interest,Justice Facility 0.00 AC-XXX,Principal,Justice Facility 0.00 Trustee Fee 0.00 Interest Payment 0.00 Transfer 0.00 8/31/2013 ENDING MKT VALUE 6,993.54 430,807.29 6,992.05 444,792.88 Estimated Gain/Loss (1,054.90) (1.054.90) Interest Earned 0.24 1.50 0.24 1.98 AC-366,Interest,Justice Facility 0.00 AC-XXX,Principal,Justice Facility 0.00 Trustee Fee 0.00 Interest Payment 0.00 Transfer 0.00 9/30/2013 ENDING MKT VALUE 6,993.78 429,753.89 6,992.29 443,739.96 Sources: 1)U.S.Bank Statements,2)Butte County Finance Office Butte County Treasurer Monthly Investment Transaction Reporting Funds Under Management of Trustees Wells Fargo Bank, Trustee 2004 Pension Obligation Bonds Transaction Activity Series A Series B Total Cash With Transaction&Month End Date XXXX1106 XXXX1109 XXXX1301 Fiscal Agent 3/31/2013 846,084.65 2,627.10 648,249.89 1,496,961.64 Interest Earned 37.75 1.17 28.93 67.85 CSCDA Issuer Fees 0.00 Wire Transfer From Butte County AC-049 0.00 Wire Transfer From Butte County AC- 0.00 Interest Paid to Bondholder (9,488.10) (9,488.10) Principal Paid to Bondholder 0.00 Transfer/s 0.00 4/30/2013 846,122.40 2,628.27 638,790.72 1,487,541.39 Interest Earned 31.41 0.04 23.72 55.17 CSCDA Issuer Fees 0.00 Wire Transfer From Butte County AC-049 0.00 Wire Transfer From Butte County AC- 0.00 Interest Paid to Bondholder (9,182.03) (9,18203) Principal Paid to Bondholder 0.00 Transfer/s 0.00 5/31/2013 846,153.81 2,628.31 629,632.41 1,478,414.53 Interest Earned 17.28 0.02 12.86 30.16 CSCDA Issuer Fees 0.00 Wire Transfer From Butte County AC-049 0.00 Wire Transfer From Butte County AC- 0.00 Interest Paid to Bondholder (845,495.90) (9,989.95) (855,485.85) Principal Paid to Bondholder 0.00 Transfer/s 0.00 6/30/2013 675.19 2,628.33 619,655.32 622,958.84 Interest Earned 0.47 1.00 5.88 7.35 CSCDA Issuer Fees 0.00 Wire Transfer From Butte County AC-049 0.00 Wire Transfer From Butte County AC- 0.00 Interest Paid to Bondholder (8,401.12) (8,401.12) Principal Paid to Bondholder 0.00 Transfer/s 0.00 7/31/2013 675.66 2,629.33 611,260.08 614,565.07 Interest Earned 0.01 0.01 5.31 5.33 CSCDA Issuer Fees (4,20.3.00) (4,203.00) Wire Transfer From Butte County AC-049 1,749,519.14 1,749,519.14 Wire Transfer From Butte County AC- 287,937.59 287,937.59 Interest Paid to Bondholder (9,325.16) (9325.16) Principal Paid to Bondholder 0.00 Transfer/s 0.00 8/31/2013 1,745,991.81 2,629.34 889,877.82 2,638,498.97 Interest Earned 15.01 0.01 7.82 22.84 CSCDA Issuer Fees 0.00 Wire Transfer From Butte County AC-049 0.00 Wire Transfer From Butte County AC- 0.00 Interest Paid to Bondholder (9,76998) (9,769.90) Principal Paid to Bondholder 0.00 Transfer/s 0.00 9/30/2013 1,746,006.82 2,629.35 880,115.66 2,628,751.83 Sources: 1)Wells Fargo Bank Statements,2)Butte County Finance Office Butte County Treasurer Monthly Investment Transaction Reports Investments Under Management of Trustees Wells Farqo Bank, Trustee 2006 Certificates of Participation Transaction Activity Base Rental Reserve Fund Payment Fund Expense Fund Total With Date Transaction XXXX0800 XXXX0801 XXXX0802 Fiscal Agent 03/31/13 Ending Balance 1,203,076.22 1.02 7,231.32 1,210,308.56 Transfer to another account (0.06) (0.06) Transfer from another account 0.06 0.06 Trustee Fee 0.00 Interest Earned 0.07 0.05 0.13 Interest Paid to Bondholder 0.00 Principal Paid to Bondholder 0.00 Unrealized Gain/Loss 5,508.00 5,508.00 04/30/13 Ending Balance 1,208,584.29 1.08 7,231.32 1,215,816.69 Transfer to another account (0.06) (0,06) Transfer from another account 0.06 0.06 Trustee Fee 0.00 Interest Earned 0.07 0.06 0.13 Interest Paid to Bondholder 0.00 Principal Paid to Bondholder 0.00 Unrealized Gain/Loss (8.016.00) (8,910.00) 05/31/13 Ending Balance 1,199,668.36 1.14 7,231.32 1,206,900.82 Transfer to another account (0.06) (0.05) Transfer from another account 0.06 0.06 Debt Service Wire Transfer 1,023,448.50 1,023,448.50 Interest Earned 0.07 0.06 0.13 Interest Paid to Bondholder 0.00 Principal Paid to Bondholder 0.00 Unrealized Gain/Loss (14,484.00) (14,484.00) 06130/13 Ending.Balance 1,185,184.43 `1,023,449.70 7,231.32 2,215,865.45 Transfer to another account (6,000.36) (0.06) (6,00042) Transfer from another account 6,000.42 6,000.42 Debt Service Wire Transfer 0.00 Interest Earned 0.07 4.77 0.06 4.90 Interest Paid to Bondholder (164 460,00) (184,450,00) Principal Paid to Bondholder (845 000,001 (845,000.00) Unrealized Gain/Loss 5,664.00 5,664.00 07/31/13 Ending Balance 1,184,848.14 4.89. 7,231.32. 1,192,084.35 Transfer to another account (0,06) (0.06) Transfer from another account 0.06 0.06 Debt Service Wire Transfer 0.00 Interest Earned 0.02 0.06 0.08 Interest Paid to Bondholder 0.00 Principal Paid to Bondholder 0.00 Unrealized Gain/Loss (1.944,00) (1,944.00) 08/31/13 Ending Balance 1,182,904.16 4.95 7,231.32. 1,190,140.43 Transfer to another account (0 06) (0.06) Transfer from another account 0.06 0.06 Debt Service Wire Transfer 0.00 Interest Earned 0.06 0.06 0.12 Interest Paid to Bondholder 0.00 Principal Paid to Bondholder 0.00 Unrealized Gain/Loss 10,044.00 10,044.00 09/30/13 Ending Balance 1,192,948.22. 5.01 7,231.32 1,200,184.55 Sources: 1)Wells Fargo Bank,2)Butte County Finance Office Butte County Treasurer Monthly Investment Transaction Reports Investments Under Management of Trustees York Risk Services Group, Claims Administrator Umpqua Bank WORKERS' COMPENSATION Account# XXXXX2601 Transaction Activity- Current Month Beginning Balance- 8/30/2013 103,268.49 Deposits 9/13/13 113,478.10 9/16/13 190.71 9/18/13 46,477.41 9/19/2013 178.00 9/30/2013 901.90 Disbursements Checks Paid (170,607,55) TM Fee (90.68) Ending Balance-9/30/2013 93,796.38 Source: Umpqua Bank Statement LAW Regular Monthly Stater. t Page 1 of 1 Local Agency Investment Fund P.O.Box 942809 Sacramento,CA 94209-0001 wwrv.treasurer.ea.Rov{pmia-lair October 01,2013 (9!6)653-300Y BUTTE COUNTY CI IIEF DEPT ITS'TREASI JEER PMIA Avrrape Monthly Yields 25 COUNTY CENTER DRIVE OROVILLE,CA 95965-3384 Account Number: Tran Type Definitions September 2013 Statement Effective Transaction Tran Confirm Date Date Type Number Authorized Caller Amount 9/3/2013 9/3/2013 RW 1408376 PEGGY MOAK -10,000,000.00 9/10/2013 9/10/2013 RW 1408824 COLETTE WORSHAM -4,000000.00 9/13/2013 9/13/2013 RD 1409141 COLETTE WORSHAM 5,000,000.00 9/19/2013 9/19/2013 RW 1409539 PEGGY MOAK -5,000,000.00 9/26/2013 9/26/2013 RD 1410023 PEGGY MOAK 7,000,000.00 9/27/2013 9/27/2013 RD 1410164 COLETTE WORSHAM 6,000,000.00 Account Summary Total Deposit: 18,000,000.00 Beginning Balance: 24,566,791.30 Total Withdrawal: -19,000,000.00 Ending Balance: 23,566,791.30 https://laifms.treasurer.ca.gov/RegularStatement.aspx 10/1/2013 LAIF Regular Monthly Stater . t Page 1 of 1 Local Agency Investment Fund P.O.Box 942809 Sacramento,CA 94209-0001 wwrv.treaaurer.ca.go -iaif Octoberer 01 01,2013 (916)653-3001 BUTTE COMMUNITY COLLEGE DISTRICT BUTTE COUNTY TREASURER PMIA Average Monthly Yields 25 COUNTY CENTER DRIVE,SUITE 125 OROVILLE,CA 95965-3384 Account Number: 'Tran Type Definitions September 2013 Statement Effective Transaction'Fran Confirm Date Date Type Number Authorized Caller Amount 9/4/2013 9/4/2013 RW 1408452 COLETTE WORSHAM -2,000,000.00 9/9/2013 9/9/2013 RW 1408760 COLETTE WORSHAM -3,000,000.00 9/12/2013 9/12/2013 RW 1409024 COLETTE WORSHAM -7,000,000.00 9/13/2013 9/13/2013 RD 1409142 COLETTE WORSHAM 3,000,000.00 9/16/2013 9/16/2013 RD 1409284 COLETTE WORSHAM 3,000,000.00 Account Summary Total Deposit: 6,000,000.00 Beginning Balance: 18,491,910.38 Total Withdrawal: -12,000,000.00 Ending Balance: 12,491,910.38 https://laifms.treasurenca.gov/RegularStatement.aspx 10/1/2013 L,AIP Regular Monthly Stater t Page 1 of I Local Agency Investment Fund P.O.Box 942809 Sacramento,CA 94209-0001 www.treasurenea.gov/0mia-laif October 01,2013 (916)653.3007 PARADISE UNIFIED SCHOOL DISTRICT Mimi COUNTY TREASI IR FR PMTA Average Monthly Yields 25 COUNTY CENTER DRIVE,SUITE 125 OROVILLE.„CA 95965 Account Number: Tran hoe Definitions September 2013 Statement Account Summary Total Deposit: 0.00 Beginning Balance: 12,523,907.49 Total Withdrawal: 0.00 Ending Balance: 12,523,90749 https://laifms.treasurer.ca.gov/RegularStatement.aspx 10/1/2013 LA1F Regular Monthly Stater t Page 1 of 1 Local Agency Investment hind P.O. Box 942809 www.treasurer,ca.eov/nmin-laif Sacramento,CA 94209-0001 October 01,2013 (916)653-3001 OROVILLE UNION 111(311 SCHOOL DISTRICT BUTTE COUNTY TREASURER PNIIA Average Monthly Yields 25 COUNTY CENTER DRIVE,SUITE 125 OROVILLE,CA 95965-3384 Account Number: Tran Tope Definitions September 2013 Statement Account Summary Total Deposit 0.00 Beginning 13ulance: 10,426,232.83 Total Withdrawal: 000 Ending Balance: 10,426,232.83 https://laifms.treasurer.ca.gov/RegularStatetnentaspx 10/1/2013 LAW Regular Monthly Stater tt Page 1 of 1 Local Agency Investment Fund N.O.Box 942809 Sacramento,CA 94209-0001 www.treasnrer.October /pm i0-laif Octob01,2013 (916)653-3001 CIRCO UNIFIED SCHOOL DISTRICT BUTTE COUNTY TREASURER PMLt Average Monthly Yields 25 COUNTY CENTER DRIVE,SUITE 125 OROVILLE,CA 95965-3384 Account Number: Tran'Type Definitions September 2013 Statement Effective Transaction Tran Confirm Date Date Type Number Authorized Caller Amount 9/20/2013 9/20/2013 RW 1409631 COLEfTE WORSHAM -5,000,000.00 Account Summary Total Deposit: 0.00 Beginning Balance: 30,255,354.52 Total Withdrawal: -5,000,000,00 Ending Balance: 25,255,354.52 • https://laifins.treasurer.ca.gov/RegularStatelnent.aspx 10/1/2013 LAIF Bond Statement Page 1 of 1 Local Agency Investment Fund P.O. Box 942809 vinvw.treasurer.ca.gov/pmia-laif Sacramento, CA 94209-0001 October 01,2013. (916)653-3001 AB3107 CHICO UNIFIED SCHOOL DISTRICT (BUTTE COUNTY)ELECTION 1998 B GOI3 PMIA Avera_e Month! Yields ASST TREASURER-TAX COLLECTOR 25 COUNTY CENTER.DRIVE Account Number: OROVILLE,CA 95965 Transactions September 2013 Statement Trans Type Dellnjlions Account Summary Total Deposit: 0.00 Total Withdrawal: 0.00 Beginning Balances Ending Balances Principal: 0.00 Principal: 0.00 Interest: 0.00 Interest: 0.00 Grand Total: 0.00 Bond ID Bond Name Principal Balance Next Maturity Date 805151 ELECTION 1998 0013,SERIES B 0.00 10/16/2013 https://laifins.treasurer.ca.gov/BondStatement.aspx 10/1/2013 LAIF Regular Monthly State' •nt Page 1 of 1 Local Agency Investment Fund P.O.Box 942809 Sacramento,CA 94209-0001 www.h•casurer.ca.gov/pmia-lair (916)653-3001 October 01,2013 BUTTE COUNTY OFFICE OF EDUCATION BUTTE COUNTY TREASURER PMIA Average Monthly Yields 25 COUNTY CENTER DRIVE,SUITE 125 OROVII.TE,CA 95965-3384 Account Number: Iran Type Definitions September 2013 Statement Account Summary Total Deposit: 000 Beginning Balance: 13,417,650.59 Total Withdrawal: 0.00 Ending Balance: 13,417,650.59 https://laifins.treasurer.ca.gov/RegularStatement.aspx 10/1/2013 Account Number: , Last Statement: August 30, 2013 `::zgucz��•;.b Rabobank,N.A. This Statement: September 30, 2013 P.O.Box 6002 Total days in statement period: 31 Rabobank Arroyo Grande,CA 93421-6002 Page 1 of 1 Direct inquiries to: 888-945-6600 RABOBANK, N.A. 2227 MYERS STREET OROVILLE CA 95966 02 01 RETURN SERVICE REQUESTED BUTTE COUNTY TREASURER'S INVESTMENT POOL 25 COUNTY CENTER DR ST 125 gii4c OROVILLE CA 95965-3384 06897 Iii1IIIIlirr�IIIlllllrlrlllln6LlltlliiiIIIIIIIIiiiIIiIiIrllrll ATM deposits are easier than ever at all Rabobank branches throughout California. You don't need an envelope or deposit slip and you can deposit up to 10 checks at one time. Your receipt includes images of your deposited checks and a complete summary of your deposit. Our new and upgraded ATMs are available 24/7 with easy-to-read screens and touch screen navigation. To find your nearest Rabobank branch or a full-service ATM, visit www.rabobankamerica.com. Rabobank, N.A. Member FDIC Public Investment Money Market Account number Beginning balance $2,802,658.52 Avg collected balance $2,802,658.00 Total additions $640.16 Interest paid year to date $41,002.61 Total subtractions $0.00 Ending balance $2,803,298.68 CREDITS Date Description Additions 09-30 INTEREST CREDIT 640.16 DAILY BALANCES Date Amount Date Amount Date Amount 08-30 2,802,658.52 09-30 2,803,298.68 INTEREST INFORMATION Annual percentage yield earned 0.27% Interest-bearing days 31 Average balance for APY $2,802,658.52 Interest earned $640.16 OVERDRAFT/RETURN ITEM FEES Total for Total this period year-to-date Total overdraft fees $0.00 $0.00 Total returned item fees $0.00 $0.00 Thank you for banking with Rabobank ick Rabobank,N.A.•Member FDIC K'n'<` www.rabobankamerica.com 3036 rev 05-13 : .., COUNTY OF BUTTE CA[TRUST STATEMENT FOR PERIOD September 01, 2013 - September 30, 2013 CalTrust Short Term Fund Price Per Average Average Realized Date Transaction Shares Share Amount Cost NAV Cost Amount Gain/Loss* 08/31/2013 BALANCE FORWARD 447.674 10.02 4,485.69 10.01983586 4,485.62 09/03/2013 INCOME DISTRIBUTION-AUGUST 0.128 10.01 1.28 10.01983019 1.28 0.00 09/30/2013 UNREALIZED GAIN(LOSS) 0.000 0.01 0.00 09/30/2013 ENDING BALANCE 447.802 10.02 4,486.98 4,486.90 INCOME DISTRIBUTION PAID-AUGUST 0.00 INCOME ACCRUAL-SEPTEMBER 1.50 CUMULATIVE UNREALIZED GAIN(LOSS) 0.08 Please note that this information should not be construed as tax advice and it is recommended that you consult with a tax professional regarding your account. For Inquiries About Your Account,Contact: COUNTY OF BUTTE ATTN: PEGGY MOAK Nottingham Investment Administration 25 COUNTY CENTER DR, STE 125 116 South Franklin Street Rocky Mount,NC 27804 OROVILLE CA 95965 Attention:CaITRUST Shareholder Services Phone:800.773.3863 Fax:252-972-1908 Email:caltrustsupporttncfunds.com Page 1 of 1 albank Acct Name: BUTTE COUNTY TREASURER SUMMARY•USD Page 1 Acct Number: - For period 09/01/2013-09/30/2013 ACTIVITY-Settled/Cleared Cash Activity Transaction Type Amount Your Sales Representative is:SAFEKEEPING OPERATIONS Purchases O.o0 (800)236-4221 Purchase Reversals 0.00 Sales 0.00 Statement Contents Sale Reversals 0.00 `Summary Withdrawals 0.00 *Activity-Settled/Cleared Cash Activity Receipts (2%685,550.14) 'Activity-Projected Activity for Next Statement Period Deliveries 0.00 'Holdings Principal Reversals 0.00 'Cash Flow Projections Interest 561,993.51 Interest Reversals 0.00 Interest Adjustments 0.00 Maturities 8,250,000.00 Calls 0.00 Puts 0.00 Paydowns 0.00 Paydown Adjustments 0.00 Payups %00 Payup Adjustments 0.00 Cash Dividends 0.00 Balance Changes 0.00 Stock Dividends 0.00 Closeouts 0.00 Closeout Dividends 0.00 Net Activity (11,873,556.63) HOLDINGS-Custody Category Par/Shares Original Face Principal Cost Market Value Domestic Time Deposits 3,000,000.00 3,000,000.00 3,000,000.00 1,005,802.22 US Government Agency Securities 234,875,000.00 234,875,000.00 236,204,608.62 234,212,626.09 Corporate Securities 14,750,000.00 14,750,000.00 15,368,005.00 15,274,586.25 Municipal Securities 3,000,000.00 3,000,000.00 3,022,160.00 2,974,710.00 Total Custody Holdings 255,625,000.00 255,625,000.00 257,594,773.62 253,467,724.56 [1banks Acct Name: BUTTE COUNTY TREASURER "' ACTIVITY-USD Page 2 Acct Number: - Settled/Cleared Cash Activity For period 09/01/2013-09/30/2013 Date Activity Description Rate Par Security ID Amount Ticket Maturity Price 09/03/2013 Interest FARMER MAC 3.200 31315PND7 76,000.00 392094527 09/03/14 BONDS 09/03/2014 09/03/2013 Receipt FEDERAL NATL MORTGAGE ASSN .700 3,780,000.00 3135G0YD9 (3,762,255.00) 392144936 06/13/16 06/13/2016 99.375000 09/04/2013 Receipt GENERAL ELEC CORP 4.375 5,000,000.00 36962G4F8 (5,443,295.14) 392144918 SR UNSECURED 09/21/2015 106.885000 09/06/2013 Interest FARMER MAC .940 31315POM4 47,000.00 392138720 03/06/18 03/06/2018 09/09/2013 Interest CIT BANK 1.800 17284AXX1 2,268.49 392119550 CERTIFICATE OF DEPOSIT 09/08/2016 09/09/2013 Interest MERRICK BANK .700 59012YL47 148.63 392119551 CERTIFICATE OF DEPOSIT 09/09/2013 09/09/2013 Maturity MERRICK BANK .700 59012YL47 250,000.00 392119551 CERTIFICATE OF DEPOSIT 09/09/2013 09/09/2013 Interest FEDERAL HOME LOAN BANK 2.000 313370TW8 100,000.00 392119788 09/09/2016 BONDS 09/09/2016 09/09/2013 Interest FREDDIE MAC 1.000 3137EADCO 25,000.00 392137927 1.00%03/08/17 03/08/2017 09/09/2013 Interest FARMER MAC .770 31315PZZ5 12,726.39 392141366 03/09/18 03/09/2018 09/12/2013 Receipt FNMA STEP-UP Variable 5,000,000.00 3136G1T66 (4,980,000.00) 392145059 09/12/18 09/12/2018 99.600000 09/13/2013 Interest FEDERAL HOME LOAN BANK 4375 3133XD6A4 109,375.00 392082028 09/13/13 BONDS 09/13/2013 09/13/2013 Maturity FEDERAL HOME LOAN BANK 4.375 3133XD6A4 5,000,000.00 392082028 09/13/13 BONDS 09/13/2013 09/13/2013 Interest FEDERAL HOME LOAN BANK 4.375 3133XD6A4 65,625.00 392083288 09/13/13 BONDS 09/13/2013 Milbank, Acct Name: BUTTE COUNTY TREASURER '" ACTIVITY-USD Page 3 Acct Number: - Settled/Cleared Cash Activity For period 09/01/2013-09/30/2013 Date Activity Description Rate Par Security ID Amount Ticket Maturity Price 09/13/2013 Maturity FEDERAL HOME LOAN BANK 4.375 3133XD6A4 3,000.000.00 392083288 09/13/13 BONDS 09/13/2013 09/13/2013 Interest FEDERAL HOME LOAN BANK .375 313376ZO1 9,375.00 392125910 03/13/15 BONDS 03/13/2015 09/19/2013 Receipt FEDERAL HOME LOAN MTG CORP 1.000 6.500,000.00 3134G4FK9 (6,500,000.00) 392145271 09/19/16 09/19/2016 100.000000 09/20/2013 Interest FEDERAL HOME LOAN MTG CORP 1.200 3134G36D7 5,100.00 392139010 03/20/18 03/20/2018 09/23/2013 Interest GENERAL ELEC CORP 4.375 36962G4F8 109,375.00 392144918 SR UNSECURED 09/21/2015 Net Activity (11,873,556.63) „UT rt Outte nty 0 111111no0 LAND OF NATURAL WEALTHAND BEAUTY "1401-oo o o C. LINDA BARNES 0 o TREASURER-TAX COLLECTOR � V N�4 COUNTY ADMINISTRATIVE BUILDING M- U 25 COUNTY CENTER DRIVE,SUITE 125 OROVILLE,CALIFORNIA 95965-3384 TELEPHONE: (530)538-7701 FAX:(530)538-7648 October 24, 2013 Butte County Board of Supervisors Butte County Chief Administrative Officer Treasury Oversight Committee The attached investment report for September 30, 2013 is submitted in accordance with the Butte County Statement of Investment Policy dated July 1, 2013. All investments are in compliance with this policy. The Investment Report demonstrates that sufficient liquidity is available to meet anticipated expenditures during the next six months. The Local Agency Investment Fund (LAIF) is used as a benchmark for portfolio performance. A look at the 5 year moving average for the Butte County Treasury yields vs. LAIF yields demonstrates that, over time, a medium term, laddered portfolio will generally outperform a shorter term investment strategy, which LAW usually mirrors. The 5 year moving average for Butte County's FY 11/12 and FY 12/13 performance compared to LAIF shows margins of 1.341% and 1.541%, respectively. Using $300,000,000 as a baseline portfolio (actively invested balance), this translates to enhanced earnings averaging $4,623,000 per year for the past five years. Investments are marked to market monthly based on a current market price determined by U.S. Bancorp Investments. Copies of statements reflecting investment and cash management transactions are provided to the Board of Supervisors monthly and are available upon request. Quarterly Investment Reports are made available on the Treasurer-Tax Collector website at http://www.buttecounty.net/ttc. Respectfully, C. Linda Barnes Butte County Treasurer-Tax Collector cc: Butte County Auditor-Controller Butte-Glenn Community College Butte County Board of Supervisors Chico Unified and Gridley Unified School Districts Butte County District Attorney Iturria, Greg—Butte County Chief Financial Officer Butte County Schools-JPA Limper, Tom—Butte County Deputy Chief Financial Officer Butte County Sheriff Jessee, Meegan—Butte County Deputy Chief Financial Officer Butte County Superintendent of Schools Mathes, Kathryn—Butte County Manager, Gov't.Accounting Butte County Special Districts(Quarterly) Liu,Annie—Butte County Internal Auditor ociltgt so o e atitiat ee®uNSye BUTTE COUNTY TREASURER'S INVESTMENT REPORT September 30,2013 YIELD TO WEIGHTED AVERAGE ACTIVELY MANAGED PORTFOLIO: MATURRY MATURITY IDAYSI. PAR VALUE FAIR VALUE COST CARRIED LOCAL AGENCY INVESTMENT FUND(LAIF) 0.257% 1 80,938,521.32 80,938,521.32 80,938,521.32 CALTRUST SHORT TERM 0.347% 1 4,486.98 4,486.98 4,485.69 BANK MONEY MARKET(COLLATERALIZED) 0.270% 1 2,802,658.52 2,802,658.52 2,802,658.52 COMMERCIAL PAPER** - - 0.00 0.00 0.00 MUNICIPAL BONDS 0.657% 975 3,000,000.00 2,974,710.00 3,021,076.39 CORPORATE NOTES** 0.829% 664 14,750,000.00 15,274,586.25 15,312,303.10 NEGOTIABLE CDS** 1.398% 602 3,000,000.00 3,005,802.22 3,000,000.00 CERTIFICATES OF DEPOSIT(COLLATERALIZED) 0.810% 535 10,500,000.00 10,500,000.00 10,500,000.00 FEDERAL AGENCY NOTES** 1.158% 1,314 234,875,000.00 234,212,626.09 235,721,605.31 TOTAL ACTIVELY MANAGED PORTFOLIO: 0.916% 940 349,870,666.82 349,713,391.38 351,300,650.33 INVESTMENT OF NOTE/BOND PROCEEDS AND OPERATING CASH SCHOOL BOND PROCEEDS twee page 2 for detain) 16,743,325.79 16,743,325.79 16,743,325.79 OPERATING ACCOUNTS U.S.BANK CHECKING ACCOUNT DEPOSITS 11,041,625.13 11,041,625.13 11,041,625.13 OPERATING CASH 41,483.35 41,483.35 41,483.35 OTHER 453.00 453.00 453.00 TOTAL TREASURER'S FUND LEDGER BALANCE: 377,697,554.09 377,540,278.65 379,127,537.60 INVESTMENTS UNDER MANAGEMENT OF TRUSTEES(see page]brdetails) 4,381,385.62 4,366,472.72 4,395,347.66 PAR VALUE FAIR VALUE COST CARRIED TOTAL CASH AND INVESTMENTS: 382,078,939.71 381,906,751.37 383,522,885.26 SIX MONTH LIQUIDITY PROJECTIONS Estimated Cash Receipts for Next Six Months 486,127,292 Estimated Disbursements for Next Six Months -449,297,572 Estimated Net Cash Flow for Next Six Months'" 36,829,720(Al) Cash Reserve for Possible Deferred Revenues -30,000,000(A2) Securities Maturing 5,500,000(B) Local Agency Investment Fund/Cal Trust/MMF 83,745,666(C) Total Liquidity for Next Six Months 96,075,386(A1+A2+B+C) Estimated Cash Available for Long Term Investment -30,000,000 Remaining Available Liquidity 66,075,386 Total Par Value of actively managed investments maturing In less than 12 months: 99,495,667 Total Par Value of actively managed investments maturing in more than 12 months: 250,375,000 ' Actual Weighted Average Maturity will be shorter,and actual dollar amount of investments maturing In less than 12 months will be higher than stated.due to call features on investments. See page 5 for detailed list of investments. '• Includes TRAN(Tax and Revenue Anticipation Notes)receipts and disbursements.if applicable. 1 9/30/2013 BUTTE COUNTY TREASURER'S INVESTMENT REPORT INVESTMENT OF SCHOOL BOND PROCEEDS September 30, 2013 INVESTMENT MATURITY ANNUAL PAR FAIR COST BOND/NOTE DESCRIPTION TYPE DATE DESCRIPTION YIELD* VALUE VALUE CARRIED BONDS-LOCAL AGENCY INVESTMENT FUND(LAIF) Chico Unified School District Series B LAIF 0.257% 3797.83 3,797.83 3,797.83 Chico Unified Measure E Series A LAIF 0.257% 14,602,735.03 14,602,735.03 14,602735.03 Gridley Unified School District GO 2012 LAIF 0.257% 2,136,792.93 2,136,792.93 2,136,792.93 SUBTOTAL 16,743,325.79 16,743,325.79 16,743,325.79 PAR FAIR COST VALUE VALUE CARRIED GRAND TOTAL 16,743,325.79 16,743,325.79 16,743,325.79 'Yields quoted above are a snapshot per Investment type. Actual yields earned on school bonds are calculated by the Treasurers office and are a composite of investment earnings less Treasury costs. 2 9/3012013 BUTTE COUNTY TREASURER'S INVESTMENT REPORT INVESTMENTS UNDER MANAGEMENT OF TRUSTEES September 30, 2013 INVESTMENT MATURITY ANNUAL PAR FAIR COST LOAN PROGRAM TYPE DATE DESCRIPTION YIELD VALUE VALUE CARRIED 2003 REFUNDING COP U.S.BANK,TRUSTEE Expense Fund#XXXX6106 Money Market U.S.Bank MMF 5 0.040% 6,993.78 6,993.78 6,993.78 Reserve Fund#XXXX6101 Money Market U.S.Bank MMF 5 0.040% 44,114.79 44,114.79 44,114.79 US Treas/Agency Iona/13 FHLB#3133XSAE8 2.820% 385,000.00 385,639.10 398,962.04 Lease Payment#XXXX6100 Money Market U.S.Bank MMF 5 0.040% 6,992.29 6,992.29 6,992.29 SUBTOTAL 443,100.86 443,739.96 457,062.90 2004 PENSION OBLIGATION BONDS WELLS FARGO BANK,TRUSTEE Series A Bond Fund#XXXX1106 Money Market HERITAGE MM#3106 0.010% 1,746,006.82 1,746,006.82 1,746,006.82 Int.Rate Stabilization Fund#XXXX1109 Money Market HERITAGE MM#3106 0.010% 1,004.77 1004.77 1,004.77 Pooled Agency Funds Local Agency Investment Fund 0.257% 1,624.58 1,624.58 1,624.58 Series B Interest Fund#XXXX1301 Money Market HERITAGE MM#3106 0.010% 880,115.66 880,115.66 880,115.66 SUBTOTAL 2,628,751.83 2,628,751.83 2,628,751.83 2004 WORKERS'COMPENSATION York Risk Services Group -Claim Administrators Umpqua Bank#XXXXX2601 Commercial Bank Business Checking NA 93,796.38 93,796.38 93,796.38 SUBTOTAL 93,796.38 93,796.38 93,796.38 2006 COP-NEAL ROAD RECYCLING&WASTE FACILITY WELLS FARGO BANK,TRUSTEE Cediflczte Reserve Fund#XXXX0800 Money Market Gov MMF Service Fund#743 0.010% 8,500.22 8,500.22 8,500.22 US Treas/Agency ef07f2017 FHLMC#3134G3ZR4 1.000% 1,200,000.00 1,184,448.00 1,200,000.00 Base Rental Payment Fund#XXXX0801 Money Market Gov MMF Service Fund#743 0.010% 5.01 5.01 5.01 Expense Fund#XXXX0802 Money Market Gov MMF Service Fund#743 0.010% 7,231.32 7,231.32 7,231.32 SUBTOTAL 1,215,736.55 1,200,184.55 1,215,736.55 PAR FAIR COST VALUE VALUE CARRIED GRAND TOTAL 4,381,385.62 4,366,472.72 4,395,347.66 9/30/2013 3 BUTTE COUNTY TREASURER'S INVESTMENT REPORT ACTIVELY MANAGED PORTFOLIO"AT-A-GLANCE" September 30,2013 INVESTMENTS BY TYPE* INVESTMENTS BY MATURITY&YIELD* Federal Home Loan Bank FHLB $ 78,130,000 Fed Home Loan Mortgage Corp FHLMC $ 47,350,000 LAIF/CALTRUST(1 -30 day) 0.257% $ 80,943,008 Fed National Modgage Assn FNMA $ 42,980,000 Bank Money Market Funds(1 day) 0.270% $ 2,802,659 Federal Farm Credit Bank FFCB $ 25,000,000 01-12 months 1.606% $ 15,750,000 Local Agency Investment Fund/CalTrusl LAIF/CT $ 80,943,008 13-36 months 1.138% $ 76,180,000 Rabobank MMF MMF $ 2,802,659 37-60 months 1.092% $ 174,195,000 Tennessee Valley Authority TVA $ 5,000,000 TOTAL PAR VALUE $ 349,870,667 Fed Ag Mortgage Corp FAMCA $ 36,415,000 Certificates of Deposit(Collateralized/Negotiable) CD's $ 13,500,000 'Investments managed by Trustees&School Bond Proceeds not included. Corporate Notes and Municipal Bonds OTHER $ 17,750,000 Final maturity dates are used;probable call dates are not considered. TOTAL PAR VALUE $ 349,870,667 CD's OTHER LAIF/ $13,500,000 $17,750,000 FHLB CALTRUST FAMCA 3.9% 5.1% $80,943,008 $36,415,000 $78,130,000 0.257% 10.49' J 22.3% "aL TVA ` r '< Bank Money $8, � a `'+. �� Market Funds 4% i t 37-6➢monffis '? 4A r t (1 day) MMF $2,802,659 < -' $174,195,000 1 :" 4 0.270% n 1.092% 8 6 .8% £`Y 73500 r i'o- 01-12 months $47,350,000 r �„. tdiddtDitokrtikirdrytd. pv . $15,750,000 LAIF/ ik` 13.5% k"t(QA .�' 1.606% CALTRUSTtri '` $80,943,008 a 23.1% „„ `ra 13-36 months FFCB FNMA $76,180,000 $25,000,000 $42,980,000 1.138% 2% 12.3% 7. Butte County Pooled Treasury Portfolio Balance** Net of Tax and Revenue Anticipation Notes(TRAN) and Bond Proceeds .:. _ $450,000,0000...-3013.:. -_....._ __ .. _ _ .__..__ _._.__ .___ _ $425,000,000 .. ,,a .,c.. __.... _. _._._. -.. a.--2e12 ,F"f $400,000,000 — #�'' - � -' $375,000,000 g " "* - - r 2010 $350,000,000 . — --.....2009_ ✓`"d $300,000,000 ,-3--------,,,,,,,,,,„_/# ` '« _ �v„^"% „` , -,r” �., 2oot. $275,000,000 P''''"-- < __ "'^»., ..G,.::.„..,,"v �..�.� - „a�.... ......,.,3aos ..tea. $250,000,000 Sam .$225,000,000 zoon $200,000,000 — JAN FEB MAR APR MAY JUN JUL AUG SEP. OCT NOV DEC " This chart does not include deposits from IRAN,Bond Proceeds,or Investments under Management of Trustees. Itis intended to demonstrate cash flow trends and establish a baseline for the portfolio,enabling medium term Investments. 9/30/2013 4 BUTTE COUNTY TREASURER'S INVESTMENT REPORT MANAGED PORTFOLIO-DETAILS OF SECURITIES HELD September 30, 2013 Credit Rating Purchase Maturity Yield to Security DescriotionS&P Mogi Fitch Dale Date Maturity I'/4 Par Value Fair Value Cost Carried* 36159CUT1 GE MONEY BANK NR NR NR 10/8/2010 10/8/1013 1.300 250,000,00 250,187,79 250,00000 795450505 SALLIE MAE BANK/MURRAY NE NR NR 11/23/2011 11/25/2013 1.000 250,000.00 250,455.36 250,000.00 3133911593 FEDERAL HOME LOAN BANK M+ Aaa NE 1/23/2009 12/13/2013 2.840 5,000,00000 5,030,059.40 5,002,637,91 02587DCK2 AMERICAN EXPR CENTURION NR NE NE 8/25/2011 8/25/2014 1.150 250,00000 252,58330 250,00000 381426404 GOLDMAN SACHS SANK USA NR NE NR 8/24/2011 8/25/2014 1.150 250,000.00 252575.77 250,000.00 31315 END? FARMER MAC NE NE NE 9/3/2009 9/3/2014 3.200 4,75000000 4,883,679.25 4,750,00000 13034A8K5 CALIF INFRASTRUCTURE&ECON DEV MA Aaa NE 8/13/2012 10/1/2014 0.410 1,000,000.00 1,001,93000 1.002,325.00 02004MW82 ALLY BANK UT CD NE NE NR 10/15/2010 10/15/2014 1.750 250,00000 250,000.00 250,000.00 055689524 BMW BK OF NA NR NE NR 10/22/2010 10/22/2014 1.550 250,000.00 250,000.00 250,000.00 31315PE54 FARMER MAC NR NE NE 12/31/2009 12/30/2014 3.100 5,000,000.00 5,148,06000 4,983,935.78 323128DH2 GEORGIA BANK&TRUST NE NE NR 1/25/2012 1/26/2015 1.000 250,000.00 250,000.00 250,000.00 3134G3NL0 FEDERAL HOME LOAN MTG CORP AA+ An NE 5/9/2012 2/24/2015 0.500 5,000,000.00 5,005,110.00 5,000,000.00 313375201 FEDERAL HOME LOAN BANK AA+ Aaa NE 3/16/2012 3/13/2015 0.659 5,000,00000 5,005,590.00 4,979,64103 64952WAW3 NEW YORK LIFE GLOBAL FDG AA+ An MA 3/8/2013 5/4/2015 0.500 1,500,000.00 1,557,573.00 1,559,278.92 369621517 GENERAL ELEC CAP CORP AM Al NR 12/3/2012 6/30/2015 1.000 5,000,00000 5,129,985.00 5,110268,29 31315PDZ9 FARMER MAC NE NR NR 6/13/2012 7/22/2015 0.616 2,000,000.00 2,067,816.00 2,062,900.91 64952W13H5 NEW YORK LIFE GLOBAL FOG PA+ An AAA 3/8/2013 7/24/1015 0.500 . 3,250000.00 3,254,683.25 3,260627.66 313370NE4 FEDERAL HOME LOAN BANK AA+ Aaa NR 8/20/1010 8/20/2015 1.609 5,000,000.00 5,118,625.00 5,001,867.25 254670E87 DISCOVER BANK NR NR NO 8/24/2011 0/24/2015 1.500 250,000.00 250,000.00 250,000.00 3696264E8 GENERAL ELEC CORP M+ Al NR 9/4/2013 9/21/2015 0.970 5,000,000.00 5,332,34500 5,331,638.40 313560E54 FANNIE MAE M+ Aaa AM 11/6/2012 11/6/2015 0.462 10,000,000.00 9,995,410.00 10004,114.58 06740KFG7 BARCLAYS BANK DELAWARE NE NR NE 12/21/2011 12/21/2015 1.600 250,000.00 25000000 250,000.00 31315 PW00 FARMER MAC NR NR NE 5/9/2012 1/19/2016 0.575 1,400,000.00 1,404,778.20 1,400,000.00 313500509 FEDERAL NAIL MORTGAGE ASSN AA+ Aaa AM 9/3/2013 6/13/2016 0.928 3,780,000.00 3,771,589.50 3,757,036,50 36160XUB1 GE CAPITAL FINANCIAL INC CD NE NR NR 8/19/2011 8/19/2016 1.850 250,000.00 150,000.00 250,00000 17284/0(X1 CIT BANK NR NR NE 9/8/2011 9/8/2016 1.800 250,000,00 250,000.00 250,00000 313370TW8 FEDERAL HOME LOAN BANK AA+ Aaa NR 9/14/2011 9/9/2016 1.210 10,000,000.00 10,367,320.00 10,224,62610 3134G4FK9 FEDERAL HOME LOAN MTG CORP AA+ Aaa AAA 9/19/2013 9/19/2016 1.000 6.500,000.00 6,519,33100 6,500,000.00 3134G4006 FEDERAL HOME LOAN MTG CORP AA+ Aaa AAA 7/25/2013 10/25/2016 1.000 5,000,00000 5,017,245,00 5,000,00000 313371PV1 FEDERAL HOME LOAN BANK AA+ Aaa N8 12/9/2011 12/9/2016 1,260 3,130,00000 3,192,249.44 3,165,213.75 080591098 TENNESSEE VALLEY AUTHORITY AA+ Aaa AAA 1/27/2012 12/15/2016 0.970 5,000,00000 5,613,845.00 5,609,788.9 313376NC5 FEDERAL HOME LOAN BANK AA+ An NR 12/28/2011 12/28/2016 1.190 5,000,00000 5,050,020.00 5,004,700.42 313159589 FARMER MAC NR NR NR 1/30/2012 1/6/2017 1.150 3,000,000.00 3,024,537.00 3,021,814.91 3137EA000 FREDDIE MAC AM Aaa MA 2/14/2013 3/8/2017 0.753 5,000,00000 5,013,145,00 5,041,698.05 57582PM00 MASSACHUSETTS ST GO LTD TOOL AA+ Aal AA+ 4/8/2013 4/1/2017 0.700 2,000,00000 1,972,78000 2,015,12352 3134G3WH9 FEDERAL HOME LOAN MTG CORP AM Aaa MA 6/12/1012 6/11/2017 1.150 5,000,000.00 4,981,40500 5,000,000.00 3133EA4H8 FEDERAL FARM CREDIT BANK AA+ Aaa NR 10/15/2012 7/11/2017 0.842 5,000,000,00 4,918,71500 4,996,01407 313660005 FEDERAL NAIL MORTGAGE ASSN AA+ An MA 7/11/3012 7/11/2017 1.100 5,000,000.00 4,950,205.00 5,000,000.00 313381510 FEDERAL HOME LOAN BANK AA+ Aaa NR 12/19/2012 12/8/2017 0.857 5,000,000.00 4.077,225.00 4,978,098.38 3133 ECB45 FEDERAL FARM CREDIT BANK AA+ Aaa AM 12/26/2011 12/26/2017 0.910 10,000,000.00 9,811,73000 9,995,76389 31315PT50 FARMER MAC NR NR NR 1/11/2013 12/27/2017 0.903 4,265,000.00 4,184,434.15 4,264,453.38 3137EAD516 FHLMC.75 01/18 AA+ Aaa AM 1/14/2013 1/12/2018 0.920 5,000,000.00 4,869,48500 4,964,517.57 31315PB40 FARMER MAC NR NR NR 2/26/2013 1/24/2018 1.022 1,000,000.00 902,054.00 997,80402 3136G1056 FNMA STEP-UP M+ Aaa AM 1/29/2013 1/29/2010 0.800 9,200,000.00 9,116,004.40 9,300,000.00 3134G34K3 FEDERAL HOME LOAN MTG CORP M+ Aaa AM 1/30/2013 1/30/1018 1.000 5,000,000.00 4,877,495,00 5,000,000.00 313382654 FEDERAL HOME LOAN BANK M+ Aaa NR 2/13/2013 2/13/2018 1.000 10,000,000.00 9,818,150.00 10,000,000.00 3135G0UE1 FEDERAL NAIL MORTGAGE ASSN M+ Aaa AM 2/14/2013 2/14/2018 1.000 10,000,000.00 9,780,62000 10,000,000.00 481241522 IP MORGAN CHASE BANK NA NR NO NE 2/20/2013 2/10/2018 1.125 250,000.00 250,000.00 250,000.00 3133823A9 FEDERAL HOME LOAN BANK M+ Aaa NE 1/22/2013 2/21/2018 1.150 5,000,00000 4,924,200.00 5,000,000.00 3133ECGC2 FEDERAL FARM CREDIT BANK AA+ Aaa AAA 3/13/2013 2/26/2018 1.080 5.000,000.00 4,927,820.00 5,000,000.00 31315POM4 FARMER MAC NE NR NR 3/7/2013 3/6/2010 0.940 10,000,000.00 9,007,000.00 9,999,911.34 31315P2Z5 FARMER MAC NR NR NR 5/15/2013 3/9/2018 0.976 5,000,00000 4,836,825.00 4,955,43294 313403607 FEDERAL HOME LOAN MTG CORP AA+ Aaa MA 3/20/2013 3/20/2018 1,200 850,000.00 033,48075 850,000.00 313382PW7 FEDERAL HOME LOAN BANK AM Aaa NR 4/24/1013 4/24/2018 1.000 5,000,000.00 4,889,405.00 5,000,00000 313464283 FEDERAL HOME LOAN MTG CORP AA+ Aaa MA 4/25/2013 4/25/2018 1.100 5,000,000.00 4,868,870.00 5,000,000.00 3133ECNY6 FEDERAL FARM CREDIT BANK AA+ Aaa MA 5/8/2013 5/8/2018 0.986 5,000,000.00 4,866,250.00 4,991,945.14 3134G45W4 FEDERAL HOME LOAN MTG CORP AA+ An MA 5/29/2013 5/29/2018 1.000 5,000,000.00 4,884,890.00 5,000,000.00 31337901-3 FHLB 1.2506/18 AA+ Aaa NR 6/13/2013 6/8/2018 1.344 5,000,000.00 4,933,670.00 4,978,853.76 3133030M6 FEDERAL HOME LOAN BANK AA+ An NR 7/24/2013 7/24/2018 1.950 5,000,000.00 5,049,090.00 5,000,00000 313303053 FHLB STEP-UP An Aaa NO 7/30/2013 7/30/2010 0.998 5,000,000,00 4,990,695.00 5,000,00000 313383544 FEDERAL HOME LOAN BANK AA+ An NO 7/30/2013 7/30/2018 1.850 5,000,000.00 4,999,315.00 5,000,000,00 3136G1T66 FNMA STEP-UP AA+ Aaa NR 9/12/2013 9/12/2010 1.807 5,000,00000 5,003,40500 4,980,211.11 1.136 255,625,000,00 255,467,724,56 256,954,243.12 Source: US Bank Safekeeping ' Values may differ from Treasurers Cost Carried due to accretion method variation. Notes: Federal Agricultural Mortgage Corporation securities are issued by a U.S.Government agency and are not rated. Negotiable CDs are not rated,but are FDIC Insured. 9/300013 5