Professional Documents
Culture Documents
May 2010
May 2010
Contact Information
Rhina Sandoval Chief Accountant Navarro College 3200 W. 7th Avenue Corsicana, TX 75110 Phone: (903) 875-7465 E-mail: rhina.sandoval@navarrocollege.edu
NAVARRO COLLEGE INVESTMENT REPORT FOR THE QUARTER ENDED MAY 31, 2010
TYPE OF INVESTMENT Certificates of Deposit Community National Bank & Trust of TX - CD #1121587 (Schol) Due 07/18/2010 @1.690% Rate Purchased 01/18/2009 Citizens National Bank-Henderson CD #677159 (Schol) Due 08/01/2011 @ 2.100% Rate Purchased 08/01/2009 State Farm - CD #1019063147 (Aux) Due 10/01/2010 @1.450% Rate Purchased 10/01/2009 First Bank & Trust Co. - CD #5006220 (E&G) Due 10/18/2010 @2.200% Rate Purchased 10/18/2009 Community National Bank & Trust of TX - CD #1120322 (E&G) Due 08/28/2010 @ .250% Rate Purchased 02/28/2010 Prosperity Bank - CD #730010417 (Plant) Due 09/02/2010 @ .800% Rate Purchased 03/02/2010 Prosperity Bank - CD #730010470 (E&G) Due 09/04/2010 @ .800% Rate Purchased 03/04/2010 Prosperity Bank - CD #730010472 (E&G) Due 10/09/2010 @ .800% Rate Purchased 04/09/2010 Prosperity Bank - CD #730010473 (Agency) Due 04/09/2011 @ 1.100% Rate Purchased 04/09/2010 Prosperity Bank - CD #730010475 (Schol) Due 04/09/2011 @1.100% Rate Purchased 04/09/2010 Community National Bank & Trust of TX - CD #120322 (E&G) Due 2/28/10 @1.000% Rate Purchased 8/28/09 Prosperity Bank - CD#730010417 (Rev&Sink) Due 3/2/10 @1.250% Rate Purchased 9/2/09
640,000.00
640,000.00
649,363.99
652,090.21
250,000.00
250,000.00
253,034.93
254,358.22
100,000.00
100,000.00
100,600.49
100,966.29
100,000.00
100,000.00
100,801.64
101,356.16
1,500,000.00
1,500,000.00
1,500,945.21
3,000,000.00
3,000,000.00
3,005,917.81
1,500,000.00
1,500,000.00
1,502,893.15
1,000,000.00
1,000,000.00
1,001,139.73
100,000.00
100,000.00
100,156.71
510,000.00
510,000.00
510,799.23
3,000,000.00
(3,000,000.00)
3,015,123.29
3,000,000.00
(3,000,000.00)
3,018,390.41
NAVARRO COLLEGE INVESTMENT REPORT FOR THE QUARTER ENDED MAY 31, 2010
TYPE OF INVESTMENT Community National Bank & Trust of TX - CD #1122269 (E&G) Due 4/2/10 @1.050% Rate Purchased 10/2/09 Community National Bank & Trust of TX - CD #1122291 (Agency) Due 4/2/10 @1.050% Rate Purchased 10/2/09 Community National Bank & Trust of TX - CD #1122280 (Schol) Due 4/2/10 @1.050% Rate Purchased 10/2/09 Subtotal $
1,000,000.00
(1,000,000.00)
1,004,286.30
100,000.00
(100,000.00)
100,428.63
510,000.00
(510,000.00)
512,186.01
8,700,000.00
0.00
8,700,000.00
8,754,215.69
8,730,622.72
0.00 $
0.00 $
0.00
0.00
8,700,000.00
8,754,215.69
8,730,622.72
RECAP OF INVESTMENTS BY FUND ENDING BOOK VALUE 05/31/2010 100,000.00 1,500,000.00 640,000.00 250,000.00 100,000.00 3,000,000.00 1,500,000.00 1,000,000.00 100,000.00 510,000.00 $ 8,700,000.00 $
NAVARRO COLLEGE INVESTMENT REPORT RECAP FOR THE QUARTER ENDED MAY 31, 2010
Educational and General Fund 100,000.00 1,500,000.00 640,000.00 250,000.00 100,000.00 3,000,000.00 1,500,000.00 1,000,000.00 100,000.00 510,000.00 4,100,000.00 $ 0.00 $ 100,000.00 $ 100,000.00 $ 3,000,000.00 $ 1,400,000.00 Debt Service Fund Auxiliary Fund Agency Fund Plant Fund Student Financial Aid Fund
TYPE OF INVESTMENT First Bank & Trust Co. - CD #5006220 Community National Bank & Trust of TX - CD #120322 Community National Bank & Trust of TX - CD #1121587 Citizens National Bank - CD #677159 State Farm - CD #1019063147 Prosperity Bank-CD#730010417 Prosperity Bank-CD#730010470 Prosperity Bank-CD#730010472 Prosperity Bank-CD#730010473 Prosperity Bank-CD#730010475
May 31, 2010 Benchmark Rates: TexStar Local Government Investment Service Rates and market values are from the May 31, 2010 The Wall Street Journal Federal Funds Rate Merrill Lynch Ready Assets Trust Treasury Bill - 26 weeks Certificates of Deposit - Six Months
We, the investment officers of Navarro College District, swear that, to the best of our knowledge, this report displays Navarro College's investment portfolio as of May 31, 2010. We further swear that transactions involving this investment portfolio are in compliance with Navarro College's Investment Policy and Strategy and the provisions of the Public Funds Investment Act, Chapter 2256, and amendments of the Texas Government Code.
Prepared by:
Date
Investment Officer
Date
Chief Accountant
Date
Investment Officer
Prepared 11/19/2012
NAVARRO COLLEGE PLEDGED COLLATERAL BY BANK TO SECURE CASH AND CERTIFICATES OF DEPOSIT AS OF MAY 31, 2010
Entity Prosperity Bank Community National Bank & Trust Citizens National Bank-Waxahachie Citizens National Bank-Midlothian First National Bank-Mexia Citizens National Bank-Henderson State Farm Bank First Bank & Trust Company $
Total Deposits 16,721,203.06 2,140,000.00 68,225.97 28,876.81 26,063.29 250,000.00 100,000.00 100,000.00 $
Type of Collateral Mortgage backed securities and Government agency issues Government agency issues Surety Bond
TOTAL
10,734,369.13
8,700,000.00
19,434,369.13
$ 1,750,000.00
$ 46,590,655.51