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Home My WebLink About2023-12 Investment PortfolioOverview of Portfolio 1 Portfolio Detail 2 Maturities and Outlook 3 Portfolio Performance against benchmarks 4 Cash and Investments by Fund Reports 5 PDPC Report 6 Most recent report (11/30/2023) Investment Emerging Issues Today's Agenda by Nate Malone, Budget & Accounting Manager Finance Department Investment Activity Report Quarter Ended December 31st, 2023 Presented to the Investment Advisory Committee Overview of Main Portfolio Blended1 Core 2 60 60 10 28 Blended1 Core 2 3.92% 2.72% 1 Blended = Liquid (Cash+LGIP) plus Fixed Income Portfolio 2 Core = Main investments of the City defined maturities (Fire Pension is Excluded) Current % Blended Allowed per policy Current Portfolio (principal value) 14% N/A $ 54,655,135 11% 100% 43,016,769$ 52% 75% 208,986,724$ 20% 75% 80,745,249$ 4% 75% 16,766,281$ 0% 25%‐$ CORE PORTFOLIO INVESTMENTS 100% 404,170,158$ Fire Pension Portfolio 429,684$ TOTAL CASH AND INVESTMENTS 404,599,842$ *Excluding Cash the portfolio distribution is 59.8% LGIP, 12.3% US Treasury, 23.1% Agency Securities and 4.8% CDs 0.123075593 By Institution Current % Blended Allowed by Policy Current Portfolio (principal value)Maturity Date APY Weighted Yield Blended Current Principal Balance Cash US Bank ‐ Cash 14% N/A 54,655,135 overnight 1.25% 0.17%54,655,135 US Treasury Securities* 421259A TREASURY 9,746,094 11/30/2025 1.01% 0.02% 423279A TREASURY 4,891,016 6/30/2027 3.83% 0.05% 323249A TREASURY 4,779,297 9/30/2024 5.11% 0.06% 423289B TREASURY 4,482,700 4/30/2028 3.85% 0.04% 423289C TREASURY 4,950,084 8/15/2028 3.86% 0.05% 423289A TREASURY 4,445,313 3/31/2028 3.77% 0.04% 421259B TREASURY 9,722,266 6/30/2025 1.05% 0.03% Local Government Investment Pool 3920 State Investment Pool 52% 75% 208,986,724 1/1/2024 5.43% 2.81% 208,986,724 US Federal Agency Securities * 322249A FFCB 4,958,950 1/18/2024 1.33% 0.02% 319249A FNMA 5,165,450 2/5/2024 1.69% 0.02% 319249B FFCB 5,000,000 3/11/2024 1.55% 0.02% 323289B FHLB 4,995,350 6/9/2028 4.02% 0.05% 319249C FHLB 5,282,650 12/13/2024 1.57% 0.02% 322259A FHLMC 4,742,029 2/12/2025 3.55% 0.04% 320259A FHLB 9,980,200 9/12/2025 0.42% 0.01% 321259A FHLMC 4,947,500 9/23/2025 0.64% 0.01% 323269A FHLB 5,018,200 3/13/2026 3.99% 0.05% 322269B FNMA 4,722,663 4/24/2026 3.90% 0.05% 322269A FNMA 4,672,300 9/24/2026 3.54% 0.04% 323279A FFCB 4,975,050 7/14/2027 4.00% 0.05% 323279B FNMA 4,191,075 11/15/2027 3.85% 0.04% 322279A FHLB 5,044,875 12/10/2027 4.05% 0.05% 323269B FHLB 4,986,918 10/22/2026 3.96% 0.05% 323289A FHLB 2,062,040 3/10/2028 3.79% 0.02%#N/A #N/ACertificates of Deposit 122244A First Savings Bank Northwest 5,591,721 8/15/2024 2.30% 0.03% 122254A First Savings Bank Northwest 5,623,397 8/16/2025 2.40% 0.03% 123284A First Savings Bank Northwest 5,551,164 11/1/2028 4.50% 0.06% Fire Pension Portfolio* US Treasury Strip 429,684 Multiple 5.88% 0.00% 429,684 Commercial Paper none 0.00% 5%‐ N/A N/A N/A ‐ 404,599,842$ 404,599,842$ 16,766,281 *Held in our safekeeping account at Principal Financial TOTAL CASH & INVESTMENTS 4% 20% By Type Current December 31, 2023 Weighted Average Maturity excluding Fire Pension Duration allowed by Policy Current Duration (in months) Weighted Average Yield excluding Fire Pension 80,745,249 75%20% Cash US Treasury Securities Local Government Investment Pool US Federal Agency Securities (GSE) Certificates of Deposit Commercial Paper 11% 100% 43,016,769 Cash 13% US Treasury 11% LGIP 52% GSE's 20% CD's 4% Distribution by Type 0.00% 1.00% 2.00% 3.00% 4.00% 5.00% 6.00% RENTON CORE RENTON BLENDED SIP FED FUNDS RATE 2Y TREAS 2.72% 3.92% 5.43%5.33% 4.46% How do we compare? (see Performance Measures) City of Renton Investment Portfoliodate: 12/31/2023Liquid PortfolioInv # Institution InstrumentName/TickerCusip/Acct #RatingDays to MaturityDays to Next CallSettlement DateMaturity Date Effective Rate Weighted YieldWeighted Average # DaysWeighted YieldWeighted Average # DaysPrincipalCASH US Bank (excl RRFA) CASH 1 12/31/2023 1/1/2024 1.25% 0.00259135 0.20731 0.00259135 0.20731 54,655,135$ 3920State Investment Pool (excl RRFA)LGIPWA SIP‐‐1 12/31/2023 1/1/2024 5.43% 0.04303761 0.79269 0.04303761 0.79269 208,986,724$ TOTALS 4.56% 1 263,641,859 WAY days(Princ/Total)xYTM (Princ/Total)xDays to MaturityCore Portfoliofrom: 12/31/2023(Cost/Total)xCoupon (Cost/Total)xDaysYTC (Cost/Total)xCouponYTC(Cost/Total)xDaysInv # Institution InstrumentName/TickerCusip/Acct #RatingDays to MaturityDays to Next CallSettlement DateMaturity Date Coupon/APR Price YTM/APY Weighted YieldWeighted Average # DaysWeighted YieldWeighted Average # DaysCost Amount322249A FFCB AGENCY‐‐3133ENLF5 Aaa/AA+ 18 18 2/10/2022 1/18/2024 0.90% 99.18% 1.33% 0.00046942 0.63518 0.00046942 0.63518 4,958,950 319249A FNMA AGENCY‐‐3135G0V34 Aaa/AA+ 36 36 11/6/2019 2/5/2024 2.50% 103.31% 1.69% 0.00062084 1.32327 0.00062084 1.32327 5,165,450 319249B FFCB AGENCY‐‐3133ELCS1 Aaa/AA+ 71 71 12/11/2019 3/11/2024 1.55% 100.00% 1.55% 0.00055156 2.52618 0.00055156 2.52618 5,000,000 122244A First Savings Bank NW CD‐‐n/a 228 228 8/29/2022 8/15/2024 2.27% 100.00% 2.30% 0.00091519 9.07228 0.00091519 9.07228 5,591,721 323249A TREASURY US TREASURY‐‐912828YH7 Aaa/AA+ 274 274 6/20/2023 9/30/2024 1.50% 95.59% 5.11% 0.00173719 9.31860 0.00173719 9.31860 4,779,297 319249C FHLB AGENCY‐‐3130A3GE8 Aaa/AA+ 348 348 12/13/2019 12/13/2024 2.75% 105.65% 1.57% 0.00059019 13.08179 0.00059019 13.08179 5,282,650 322259A FHLMC AGENCY‐‐3137EAEP0 Aaa/AA+ 409 409 6/15/2022 2/12/2025 1.50% 94.84% 3.55% 0.00119792 13.80142 0.00119792 13.80142 4,742,029 421259B TREASURY US TREASURY‐‐912828ZW3 Aaa/AA+ 547 547 12/15/2021 6/30/2025 0.25% 97.22% 1.05% 0.00072663 37.84348 0.00072663 37.84348 9,722,266 122254A First Savings Bank NW CD‐‐n/a 594 594 8/29/2022 8/16/2025 2.37% 100.00% 2.40% 0.00096039 23.76957 0.00096039 23.76957 5,623,397 320259A FHLB AGENCY‐‐3130AJXA2 Aaa/AA+ 621 621 9/11/2020 9/12/2025 0.38% 99.80% 0.42% 0.00029474 44.10289 0.00029474 44.10289 9,980,200 321259A FHLMC AGENCY‐‐3137EAEX3 Aaa/AA+ 632 632 8/23/2021 9/23/2025 0.38% 98.95% 0.64% 0.00022400 22.25047 0.00022400 22.25047 4,947,500 421259A TREASURY US TREASURY‐‐91282CAZ4 Aaa/AA+ 700 700 10/27/2021 11/30/2025 0.38% 97.15% 1.01% 0.00070047 48.54727 0.00070047 48.54727 9,746,094 323269A FHLB AGENCY 3130AUU36 Aaa/AA+ 803 803 3/28/2023 3/13/2026 4.20% 100.36% 3.99% 0.00142482 28.67476 0.00142482 28.67476 5,018,200 322269B FNMA AGENCY‐‐3135G0K36 Aaa/AA+ 845 845 12/15/2022 4/24/2026 2.13% 94.45% 3.90% 0.00131153 28.39748 0.00131153 28.39748 4,722,663 322269A FNMA AGENCY‐‐3135G0Q22 Aaa/AA+ 998 998 6/15/2022 9/24/2026 1.88% 93.45% 3.54% 0.00117698 33.18161 0.00117698 33.18161 4,672,300 323269B FFCB AGENCY 3133EMEF5 Aaa/AA+ 1026 1026 5/22/2023 10/22/2026 0.50% 89.05% 3.96% 0.00140429 36.40959 0.00140429 36.40959 4,986,918 423279A TREASURY US TREASURY 91282CEW7 Aaa/AA+ 1277 1277 5/23/2023 6/30/2027 3.25% 97.82% 3.83% 0.00133238 44.44533 0.00133238 44.44533 4,891,016 323279A FFCB AGENCY 3133EPAU9 Aaa/AA+ 1291 1291 2/10/2023 7/14/2027 3.88% 99.50% 4.00% 0.00141622 45.70460 0.00141622 45.70460 4,975,050 323279B FNMA AGENCY 31359YBE6 Aaa/AA+ 1415 1415 3/28/2023 11/15/2027 0.00% 83.82% 3.85% 0.00114824 42.20055 0.00114824 42.20055 4,191,075 322279A FHLB AGENCY 3130ATUS4 Aaa/AA+ 1440 1440 11/23/2022 12/10/2027 4.25% 100.90% 4.05% 0.00145394 51.69507 0.00145394 51.69507 5,044,875 323289A FHLB AGENCY 3130ATS57 Aaa/AA+ 1531 1531 5/22/2023 3/10/2028 4.50% 103.10% 3.79% 0.00055554 22.46511 0.00055554 22.46511 2,062,040 423289A TREASURY US TREASURY 91282CBS9 Aaa/AA+ 1552 1552 5/23/2023 3/31/2028 1.25% 88.91% 3.77% 0.00119308 49.09420 0.00119308 49.09420 4,445,313 423289B TREASURY US TREASURY 91282CBZ3 Aaa/AA+ 1582 1582 12/21/2023 4/30/2028 1.25% 89.65% 3.85% 0.00122816 50.46408 0.00122816 50.46408 4,482,700 323289B FHLB AGENCY 3130AWC24 Aaa/AA+ 1622 1622 6/21/2023 6/9/2028 4.00% 99.91% 4.02% 0.00142905 57.65713 0.00142905 57.65713 4,995,350 423289C TREASURY US TREASURY 9128284V9 Aaa/AA+ 1689 1689 12/21/2023 8/15/2028 2.88% 95.84% 3.86% 0.00135969 59.49472 0.00135969 59.49472 4,950,084 123284A First Savings Bank NW CD‐‐n/a 1767 1767 11/2/2023 11/1/2028 4.40% 100.00% 4.50% 0.00177759 69.80023 0.00177759 69.80023 5,551,164 Core Portfolio2.72% 2.35 2.72% 2.35 140,528,299$ Maturing/Callable in next quarterWAY years WAY to Call years to callNew since last quarterMV/(TotalxYTM) MV/(TotalxDays to Mat)/360MV/(TotalxYTM) MV/(TotalxDays to Mat)/360Total Overnight + Main Portfolio3.92% 0.82 3.92% 0.82 404,170,158$ WAY yearsMV/(TotalxYTM) MV/(TotalxDays to Mat)/360Fire Pension Portfoliofrom: 12/31/2023(Maturity ‐ Settlement)MV ‐ BV BV ‐ Cost (Cost/Total)xCoupon (Cost/Total)xDaysInv # Instrument CUSIPName/TickerShares/Units RatingDays to MaturitySettlement DateMaturity Date Coupon Weighted YieldWeighted Average # DaysWeighted YieldWeighted Average # DaysCost Basis4311 US TREAS STRIP 912803BD4‐‐375,000 Aaa320 11/24/1997 11/15/2024 6.16% 0.01046286 54.35252 0.01046286 54.35252 72,983 4286 US TREAS STRIP 912803BF9‐‐1,186,000 Aaa593 11/15/2003 8/15/2025 5.60% 0.04650740 492.27799 0.04650740 492.27799 356,701 Total Portfolio5.70% 2 0.00% 2 429,684$ WAY years(Cost/Total)xCoupon ((Cost/Total)xDays to Maturity)/360Next Call DateNext Call DateFund 611 receives a proportionate share of the Interest Revenue from Overnight and Fixed Income Portfolios as described above (monthly); Interest Revenue for Pension maturities are recorded upon receipt; accrued interest is recorded only in the 14th period for financial statements. Interest from State Investment Pool allocated to funds based on cash position, monthly. Earnings Credit on cash recorded annually. Maturities and Outlook Outlook: Core Portfolio Pending Maturities 0‐6 months 6‐12 months 1‐2 years 2‐3 years 3‐5 years Total 15,124,400$ 15,653,668$ 44,761,485$ 19,400,080$ 45,588,667$ 140,528,299$ Outlook: Core Portfolio Pending Maturities IF CALLED AT NEXT CALL 0‐6 months 6‐12 months 1‐2 years 2‐3 years 3‐5 years Total 15,124,400$ 15,653,668$ 44,761,485$ 19,400,080$ 45,588,667$ 140,528,299$ $15,124,400 $15,653,668 $44,761,485 $19,400,080 $45,588,667 $‐ $10,000,000 $20,000,000 $30,000,000 $40,000,000 $50,000,000 0‐6 months 6‐12 months 1‐2 years 2‐3 years 3‐5 years Pending Maturities (excluding Overnight and Pension Portfolio) $15,124,400 $15,653,668 $44,761,485 $19,400,080 $45,588,667 $‐ $20,000,000 $40,000,000 $60,000,000 0‐6 months 6‐12 months 1‐2 years 2‐3 years 3‐5 years Pending Maturities IF CALLED AT NEXT CALL (excluding Overnight and Pension Portfolio) Period Renton CORE Renton BLENDED SIP Fed Funds Rate 2Y TREAS March 2018 1.49% 1.21%1.58%1.51% 2.28% June 2018 1.49% 1.17%1.89%1.82% 2.53% September 2018 1.55% 1.16% 2.07%1.95% 2.77% December 2018 1.78% 1.21%2.38%2.27% 2.68% March 2019 1.98% 1.54%2.53%2.41% 2.41% June 2019 1.98% 1.53% 2.51%2.38% 1.81% September 2019 1.98% 1.40% 2.20%2.04% 1.65% December 2019 1.74% 1.38%1.77%1.55% 1.61% March 2020 1.85% 1.16%1.29%0.65% 0.45% June 2020 1.87% 0.73% 0.37%0.08% 0.19% September 2020 1.48% 0.62%0.21%0.09% 0.13% December 2020 1.30% 0.53%0.16%0.09% 0.14% March 2021 0.88% 0.41%0.11%0.07% 0.15% June 2021 0.88% 0.41% 0.08%0.08% 0.20% September 2021 0.84% 0.39%0.09%0.08% 0.24% December 2021 0.84% 0.35%0.09%0.08% 0.68% March 2022 0.94% 0.45% 0.23%0.20% 1.91% June 2022 1.16% 0.85%1.01%1.21% 3.00% September 2022 1.37%1.60%2.56%2.56%3.86% December 2022 1.56% 2.33%4.12%4.10%4.29% March 2023 1.91% 3.29% 4.77%4.65%4.30% June 2023 2.31% 3.56%5.20%5.08% 4.64% September 2023 2.45% 3.67%5.39%5.33%5.02% December 2023 2.72% 3.92% 5.43%5.33%4.46% Renton Cash & Investment (Blended) Portfolio Performance, 5 year trend "Blended" portfolio includes cash and State Investment Pool 0.00% 1.00% 2.00% 3.00% 4.00% 5.00% 6.00% Renton CORE Renton BLENDED SIP Fed Funds Rate 2 Year Treasury Linear (Renton CORE) Fund Name Cash Investments Total C & I Cash Investments Total C & I% chg GENERAL 96,971,089$ ‐$ 96,971,089$ 77,568,358$ ‐$ 77,568,358$ 25% COMMUNITY SERVICES 3,489,299$ ‐$ 3,489,299$ 3,418,842$ ‐$ 3,418,842$ 2% STREETS 1,978,458$ ‐$ 1,978,458$ 1,786,895$ ‐$ 1,786,895$ 11% Museum 15,970$ ‐$ 15,970$ 53,860$ ‐$ 53,860$ ‐70% ECONOMIC DEVELOPMENT RESERVE 2,689,160$ ‐$ 2,689,160$ 2,606,025$ ‐$ 2,606,025$ N/A LEASED CITY PROPERTIES 182,824$ ‐$ 182,824$ (4,961)$ ‐$ (4,961)$ ‐3786% SPECIAL HOTEL‐MOTEL TAX 942,077$ ‐$ 942,077$ 841,537$ ‐$ 841,537$ 12% ONE PERCENT FOR ART 122,809$ ‐$ 122,809$ 107,518$ ‐$ 107,518$ 14% CABLE COMM DEV FUND 379,608$ ‐$ 379,608$ 474,165$ ‐$ 474,165$ ‐20% HOUSING AND SUPPORTIVE SERVICES 10,789,610$ ‐$ 10,789,610$ 6,128,610$ ‐$ 6,128,610$ 76% SPRINGBROOK WETLANDS BANK 709,479$ ‐$ 709,479$ 458,127$ ‐$ 458,127$ 55% POLICE SEIZURE 731,870$ ‐$ 731,870$ 339,115$ ‐$ 339,115$ 116% POLICE SEIZURE CSAM 169,144$ ‐$ 169,144$ 172,607$ ‐$ 172,607$ ‐2% GEN GOVT MISC DEBT SERV 5,403,909$ ‐$ 5,403,909$ 5,256,934$ ‐$ 5,256,934$ 3% COMMUNITY DEVELOP IMPACT MITIG 676,219$ ‐$ 676,219$ 1,590,065$ ‐$ 1,590,065$ ‐57% FIRE IMPACT MITIGATION 1,660$ ‐$ 1,660$ 2,720,673$ ‐$ 2,720,673$ ‐100% TRANSPORTATION IMPACT MITIGATION 2,199,572$ ‐$ 2,199,572$ 6,950,126$ ‐$ 6,950,126$ ‐68% REET 1 1,752,674$ ‐$ 1,752,674$ 3,041,671$ ‐$ 3,041,671$ ‐42% REET 2 3,125,071$ ‐$ 3,125,071$ 6,007,086$ ‐$ 6,007,086$ ‐48% RENTON SD IMPACT MITIGATION 11,751$ ‐$ 11,751$ 26,306$ ‐$ 26,306$ ‐55% ISSAQUAH SD IMPACT MITIGATION ‐$ ‐$ ‐$ ‐$ ‐$ ‐$ 0% KENT SD IMPACT MITIGATION ‐$ ‐$ ‐$ ‐$ ‐$ ‐$ 0% MUNICIPAL FACILITIES CIP FUND 22,433,479$ ‐$ 22,433,479$ 26,811,984$ ‐$ 26,811,984$ ‐16% CAPITAL IMPROVEMENT FUND 16,616,754$ ‐$ 16,616,754$ 13,536,676$ ‐$ 13,536,676$ 23% Family First Center 3,634,723$ ‐$ 3,634,723$ 3,712,752$ ‐$ 3,712,752$ ‐2% General Funds 175,027,208$ ‐$ 175,027,208$ 163,604,972$ ‐$ 163,604,972$ 7% AIRPORT 5,430,406$ ‐$ 5,430,406$ 2,563,938$ ‐$ 2,563,938$ 112% AIRPORT CAPITAL IMPROVEMENT FUND 5,942,709$ ‐$ 5,942,709$ 6,408,222$ ‐$ 6,408,222$ ‐7% Airport Funds 11,373,115$ ‐$ 11,373,115$ 8,972,160$ ‐$ 8,972,160$ 27% MUNICIPAL GOLF COURSE SYSTEM FUND 1,848,640$ ‐$ 1,848,640$ 1,533,986$ ‐$ 1,533,986$ 21% MUNICIPAL GOLF COURSE SYSTEM CIP FUND 623,767$ ‐$ 623,767$ 441,341$ ‐$ 441,341$ 41% Golf Course Funds 2,472,408$ ‐$ 2,472,408$ 1,975,327$ ‐$ 1,975,327$ 25% SOLID WASTE UTILITY 4,991,861$ ‐$ 4,991,861$ 4,595,902$ ‐$ 4,595,902$ 9% WATER OPERATIONS FUND 14,871,670$ ‐$ 14,871,670$ 12,537,711$ ‐$ 12,537,711$ 19% WASTEWATER OPERATIONS FUND 7,200,584$ ‐$ 7,200,584$ 5,131,961$ ‐$ 5,131,961$ 40% SURFACE WATER OPERATIONS FUND 14,253,345$ ‐$ 14,253,345$ 15,792,480$ ‐$ 15,792,480$ ‐10% KING COUNTY METRO MITIGATION 6,573,197$ ‐$ 6,573,197$ 6,229,862$ ‐$ 6,229,862$ 6% WATER CIP FUND 38,044,785$ ‐$ 38,044,785$ 36,243,078$ ‐$ 36,243,078$ 5% WASTEWATER CIP FUND 19,100,578$ ‐$ 19,100,578$ 17,775,376$ ‐$ 17,775,376$ 7% SURFACE WATER CIP FUND 15,524,542$ ‐$ 15,524,542$ 13,006,873$ ‐$ 13,006,873$ 19% WATER WORKS RATE STABLIZATION 17,647$ ‐$ 17,647$ 17,101$ ‐$ 17,101$ 3% Utility Funds 120,578,209$ ‐$ 120,578,209$ 111,330,345$ ‐$ 111,330,345$ 8% EQUIPMENT RENTAL 18,387,261$ ‐$ 18,387,261$ 13,365,799$ ‐$ 13,365,799$ 38% INFORMATION SERVICES 9,521,405$ ‐$ 9,521,405$ 9,150,066$ ‐$ 9,150,066$ 4% FACILITIES 1,253,077$ ‐$ 1,253,077$ 1,097,163$ ‐$ 1,097,163$ 14% COMMUNCIATIONS 662,923$ ‐$ 662,923$ 436,425$ ‐$ 436,425$ 52% INSURANCE FUND 24,722,535$ ‐$ 24,722,535$ 23,319,248$ ‐$ 23,319,248$ 6% HEALTH INSURANCE FUND 9,114,282$ ‐$ 9,114,282$ 7,001,745$ ‐$ 7,001,745$ 30% LEOFF1 RETIREES HEALTHCARE 20,296,983$ ‐$ 20,296,983$ 19,932,164$ ‐$ 19,932,164$ 2% FIREMEN'S PENSION 8,802,857$ 429,684$ 9,232,541$ 8,213,702$ 510,740$ 8,724,442$ 6% SPECIAL DEPOSITS 1,597,787$ ‐$ 1,597,787$ 2,084,486$ ‐$ 2,084,486$ ‐23% Stand Alone Funds 94,359,110$ 429,684$ 94,788,794$ 84,600,797$ 510,740$ 85,111,537$ 11% CUSTODIAL FUND 360,108$ ‐$ 360,108$ 316,445$ ‐$ 316,445$ 14% PAYROLL CLEARING ACCOUNT ‐$ ‐$ ‐$ ‐$ ‐$ ‐$ 0% SURPLUS BANK BALANCE (349,515,023)$ 349,515,023$ ‐$ (264,557,662)$ 264,557,662$ ‐$ 0% Accounting only funds (349,154,915)$ 349,515,023$ 360,108$ (264,241,218)$ 264,557,662$ 316,445$ Grand Total: 54,655,135$ 349,944,707$ 404,599,842$ 106,242,383$ 265,068,403$ 371,310,786$ 9% % chg US Treasury 43,016,769$ 12%US Treasury 19,468,359$ 7% 121% SIP 208,986,724$ 60%SIP 154,034,649$ 58% 36% GSE's 80,745,249$ 23%GSE's 69,371,478$ 26% 16% CD's 16,766,281$ 5%CD's 21,683,176$ 8%‐23% Total 349,515,023$ 86%Total 264,557,662$ 71%32% (of total)(of total) (2023 v 2022) Fund 901 Summary Fund 901 Summary compare to last year December 31, 2022December 31, 2023 Cash & Investments by Fund First Financial Northwest Bank 149,203,757 85,356,316 57% 16,766,281 11.24% 2.4% $ 83,105 Total 16,766,281$ Total ‐$ First Financial Northwest Bank 149,068,764 81,774,740 55% 16,683,176 11.19% 0.0% $ ‐ Total 16,683,176$ Total ‐$ First Financial Northwest Bank 149,068,764 81,774,740 55% 16,683,176 11.19% 2.9% $ ‐ Total 16,683,176$ Total ‐$ First Financial Northwest Bank 150,370,315 78,200,502 52% 16,683,176 11.09% 12.5% $ ‐ Total 16,683,176$ Total ‐$ Commencement Bank 46,493,640 17,076,449 37%‐ 0.00% 5.4% $ (5,000,000) First Financial Northwest Bank 150,370,315 60,954,655 41% 16,683,176 11.09% 0.9% $ ‐ Total 16,683,176$ Total (5,000,000)$ Commencement Bank 46,750,721 16,344,739 35% 5,000,000 10.70% 35.0% $ ‐ First Financial Northwest Bank 148,174,815 60,661,388 41% 16,683,176 11.26% 1.4% $ 50,631 Total 21,683,176$ Total ‐$ Commencement Bank 49,450,820 16,973,164 34% 5,000,000 10.11% 34.3% $ ‐ First Financial Northwest Bank 149,357,709 57,874,819 39% 16,632,545 11.14%‐0.8% $ ‐ Total 21,632,545$ Total ‐$ Commencement Bank 52,464,597 16,444,147 31% 5,000,000 9.53% 14.7% $ (5,000,000) First Financial Northwest Bank 149,562,678 59,265,589 40% 16,632,545 11.12%‐2.3% $ (0) Total 21,632,545$ Total (5,000,000)$ Commencement Bank 54,001,686 21,350,393 40% 10,000,000 18.52% 22.9% $ ‐ First Financial Northwest Bank 147,525,305 54,738,273 37% 16,632,545 11.27%‐4.8% $ ‐ Total 26,632,545$ Total ‐$ Commencement Bank ** 52,624,315 20,491,511 39% 10,000,000 19.00% 22.3% $ (1,063,731) First Financial Northwest Bank 145,922,053 54,445,518 37% 16,632,545 11.40%‐4.6% $ ‐ **A portion of our deposits with this bank is within the CDARS Program.Total 26,632,545$ Total (1,063,731)$ CHANGE since last report Depository WA Proportional Net Worth 3/31/2021 Total WA Deposits 5/31/2021 % public (PDPC limit 150%) City of Renton Deposits % of net worth (PDPC limit 100%) % public City of Renton Deposits Commencement Bank ** 52,705,233 18,937,394 36% 11,063,731 21.40%‐1.4% $ ‐ First Financial Northwest Bank 142,444,867 59,739,111 42% 16,632,545 11.68%‐1.0% $ ‐ **A portion of our deposits with this bank is within the CDARS Program.Total 26,632,545$ Total ‐$ CHANGE since last report Depository WA Proportional Net Worth 12/31/2020 Total WA Deposits 2/28/2021 % public (PDPC limit 150%) City of Renton Deposits % of net worth (PDPC limit 100%) % public City of Renton Deposits Commencement Bank ** 51,694,341 19,272,232 37% 11,063,731 21.40% 23.0% $ 10,000,000.00 First Financial Northwest Bank 140,113,730 60,232,123 43% 16,632,545 11.87% 3.8% $ 758,684.61 Pacific Premier (Former Opus) 307,686,539 426,154,882 139%‐ 0.00%‐2.3% $ (5,152,410.68) **A portion of our deposits with this bank is within the CDARS Program.Total 27,696,276$ Total 5,606,273.93$ CHANGE since last report Depository WA Proportional Net Worth 9/30/2020 Total WA Deposits 11/30/2020 % public (PDPC limit 150%) City of Renton Deposits % of net worth (PDPC limit 100%) % public City of Renton Deposits Commencement Bank ** 50,708,892 8,454,485 17% 1,063,731 2.10% 16.7% $ ‐ First Financial Northwest Bank 137,038,407 57,414,305 42% 15,873,861 11.58% 24.1% $ 292,277 Pacific Premier (Former Opus) 271,464,935 444,197,579 164% 5,152,411 1.90% 129.0% $ ‐ PDPC Report March 2023 through May 2023 updated through June 14, 2023 CHANGE since last report Depository WA Proportional Net Worth 3/31/2023 Total WA Deposits 5/31/2023 % public (PDPC limit 150%) Deposits % of net worth (PDPC limit 100%) % public City of Renton Deposits PDPC Report December 2022 through February 2023 updated through March 20, 2023 CHANGE since last report Depository WA Proportional Net Worth 12/31/2022 Total WA Deposits 2/28/2023 % public (PDPC limit 150%) Deposits % of net worth (PDPC limit 100%) % public City of Renton Deposits PDPC Report December 2021 through February 2022 updated through March 24,2022 CHANGE since last report Depository WA Proportional Net Worth 12/31/2021 Total WA Deposits 2/28/2022 % public (PDPC limit 150%) City of Renton Deposits % of net worth (PDPC limit 100%) % public City of Renton Deposits Public Deposit Protection Commission (PDPC) Report PDPC Report September 2023 through November 2023 updated through December 18, 2023 CHANGE since last report Depository WA Proportional Net Worth 9/30/2023 Total WA Deposits 11/30/2023 % public (PDPC limit 150%) City of Renton Deposits % of net worth (PDPC limit 100%) % public City of Renton Deposits PDPC Report September 2020 through November 2020) report updated through December 17, 2020 PDPC Report March 2021 through May 2021 updated through June 23,2021 PDPC Report December 2020 through February 2021 updated through March 22,2021 CHANGE since last report Depository WA Proportional Net Worth 6/30/2021 Total WA Deposits 8/31/2021 % public (PDPC limit 150%) City of Renton Deposits % of net worth (PDPC limit 100%) % public City of Renton Deposits PDPC Report June 2021 through August 2021 updated through September 27,2021 PDPC Report September 2021 through November 2021 updated through January 3,2022 CHANGE since last report Depository WA Proportional Net Worth 9/30/2021 Total WA Deposits 11/30/2021 % public (PDPC limit 150%) City of Renton Deposits % of net worth (PDPC limit 100%) % public City of Renton Deposits PDPC Report March 2022 through May 2022 updated through June 15, 2022 CHANGE since last report Depository WA Proportional Net Worth 3/31/2022 Total WA Deposits 5/31/2022 % public (PDPC limit 150%) City of Renton Deposits % of net worth (PDPC limit 100%) % public City of Renton Deposits PDPC Report June 2022 through August 2022 updated through September 21, 2022 CHANGE since last report Depository WA Proportional Net Worth 6/30/2022 Total WA Deposits 8/31/2022 % public (PDPC limit 150%) Deposits % of net worth (PDPC limit 100%) % public City of Renton Deposits PDPC Report October 2022 through December 2022 updated through February 7, 2023 CHANGE since last report Depository WA Proportional Net Worth 12/31/2022 Total WA Deposits 12/31/2022 % public (PDPC limit 150%) Deposits % of net worth (PDPC limit 100%) % public City of Renton Deposits PDPC Report June 2023 through August 2023 updated through September 18, 2023 CHANGE since last report Depository WA Proportional Net Worth 3/31/2023 Total WA Deposits 5/31/2023 % public (PDPC limit 150%) Deposits % of net worth (PDPC limit 100%) % public City of Renton Deposits