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HomeMy WebLinkAbout2022-06 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 7 Most recent report (6/15/2022)  Current Investment Updates  Today's Agenda by Nate Malone, Budget & Accounting Manager Finance Department Investment Activity Report Quarter Ended June 30th, 2022 Presented to the Investment Advisory Committee Overview of Main Portfolio Blended1 Core2 60 60  724 Blended1 Core2 0.85% 1.16% 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) 27% N/A  $           98,279,920  5% 100% 19,468,359$             42% 75% 151,813,249$          19% 75% 69,627,501$             6% 75% 21,632,545$             0% 25%‐$                           TOTAL INVESTMENTS 100% 360,821,574$          *Excluding Cash the portfolio distribution is 58% LGIP, 7% US Treasury, 27% Agency Securities and  8% CDs 0.074153412 By Institution Current % Blended Allowed by  Policy Current Portfolio (principal value)Maturity Date APY Weighted Yield Blended Current Principal  Balance Cash US Bank ‐ Cash 27%N/A 98,279,920 overnight 0.25% 0.07%98,279,920          US Treasury Securities* 421259A US TREASURY 9,746,094               11/30/2025 1.01% 0.03% 421259B US TREASURY 9,722,266               6/30/2025 1.05% 0.03% Local Government Investment Pool 3920 State Investment Pool 42% 75%151,813,249 7/1/2022 1.01% 0.43%151,813,249           US Federal Agency Securities * 319229A FFCB 4,992,710               11/8/2022 1.65%0.02% 319229B FHLB 5,030,850               12/9/2022 1.66%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% 320239A FHLMC 10,002,950             9/8/2023 0.24%0.01% 320259A FHLB 9,980,200               9/12/2025 0.42%0.01% 321259A FHLMC 4,947,500               9/23/2025 0.64%0.01% 319249C FHLB 5,282,650               12/13/2024 1.57%0.02% 322239A FHLMC 4,851,912               12/4/2023 2.04%0.03% 322249A FFCB 4,958,950               1/18/2024 1.33%0.02% 322259A FHLMC 4,742,029               2/12/2025 3.55%0.05% 322269A FNMA 4,672,300               9/24/2026 3.54%0.05% Certificates of Deposit 121224A First Savings Bank Northwest 5,597,933 8/10/2022 0.30%0.00% 121224B First Savings Bank Northwest 5,566,553 8/10/2022 0.30%0.00% 12034A First Savings Bank Northwest 5,468,059 10/30/2023 0.50%0.01% 221233A Commencement Bank 1%5,000,000 2/8/2023 0.35%0.00%5,000,000               Commercial Paper none 0.00% 5%‐                                N/A N/A N/A ‐                               360,821,574$         360,821,574$      16,632,545             *Held in our safekeeping account at Principal Financial TOTAL CASH & INVESTMENTS 5%20% By Type Current June 30, 2022 Weighted Average Maturity excluding Fire Pension Duration allowed by Policy Current Duration (in months) Weighted Average Yield excluding Fire Pension 69,627,501            75%19% Cash US Treasury Securities Local Government Investment Pool US Federal Agency Securities (GSE) Certificates of Deposit Commercial Paper 5% 100%19,468,359             Cash 27% US Treasury 6%LGIP 42% GSE's 19% CD's 6% Distribution by Type 0.00% 0.50% 1.00% 1.50% 2.00% 2.50% 3.00% RENTON  CORE RENTON  BLENDED SIP FED FUNDS  RATE 2Y TREAS 1.16% 0.85%1.01%1.21% 3.00% How do we compare? (see Performance Measures) City of Renton Investment Portfoliodate: 6/30/2022Liquid 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 6/30/2022 7/1/2022 0.25% 0.00098243 0.39297 0.00098243 0.39297 98,279,920$               3920State Investment Pool (excl RRFA)LGIPWA SIP‐‐1 6/30/2022 7/1/2022 1.01% 0.00613825 0.60703 0.00613825 0.60703 151,813,249$             TOTALS 0.71% 1 250,093,168               WAY days(Princ/Total)xYTM (Princ/Total)xDays to MaturityCore Portfoliofrom: 6/30/2022(Cost/Total)xCoupon (Cost/Total)xDaysYTC (Cost/Total)xCouponYTC(Cost/Total)xDaysInv # Institution InstrumentName/TickerCusip/Acct #RatingDays to MaturityDays to Next CallSettlement DateMaturity Date YTM/APY Weighted YieldWeighted Average # DaysWeighted YieldWeighted Average # DaysCost Amount121224A First Savings Bank NW CD‐‐n/a 41 41 2/8/2021 8/10/2022 0.30% 0.00015167 2.07278 0.00015167 2.07278 5,597,933                    121224B First Savings Bank NW CD n/a 41 41 2/8/2021 8/10/2022 0.30% 0.00015082 2.06116 0.00015082 2.06116 5,566,553                    319229A FFCB AGENCY‐‐3133EK6F8 Aaa/AA+ 131 131 11/8/2019 11/8/2022 1.65% 0.00074399 5.90675 0.00074399 5.90675 4,992,710                    319229B FHLB AGENCY‐‐313381BR5 Aaa/AA+ 162 162 12/20/2019 12/9/2022 1.66% 0.00075471 7.36033 0.00075471 7.36033 5,030,850                    221233A Commencement Bank  CD‐‐n/a 223 223 2/8/2021 2/8/2023 0.35% 0.00015804 10.06968 0.00015804 10.06968 5,000,000                    320239A FHLMC AGENCY‐‐3137EAEW5 Aaa/AA+ 435 435 9/11/2020 9/8/2023 0.24% 0.00021690 39.29690 0.00021690 39.29690 10,002,950                  12034A First Savings Bank NW CD‐‐01‐535447‐07 n/a 487 487 10/30/2020 10/30/2023 0.50% 0.00024691 24.04934 0.00024691 24.04934 5,468,059                    322239A FHLMC AGENCY‐‐3137EAFA2 Aaa/AA+ 522 522 3/25/2022 12/4/2023 2.04% 0.00089389 22.87307 0.00089389 22.87307 4,851,912                    322249A FFCB AGENCY‐‐3133ENLF5 Aaa/AA+ 567 567 2/10/2022 1/18/2024 1.33% 0.00059575 25.39298 0.00059575 25.39298 4,958,950                    319249A FNMA AGENCY‐‐3135G0V34 Aaa/AA+ 585 585 11/6/2019 2/5/2024 1.69% 0.00078792 27.29009 0.00078792 27.29009 5,165,450                    319249B FFCB AGENCY‐‐3133ELCS1 Aaa/AA+ 620 620 12/11/2019 3/11/2024 1.55% 0.00069999 27.99643 0.00069999 27.99643 5,000,000                    319249C FHLB AGENCY‐‐3130A3GE8 Aaa/AA+ 897 897 12/13/2019 12/13/2024 1.57% 0.00074902 42.79423 0.00074902 42.79423 5,282,650                    322259A FHLMC AGENCY‐‐3137EAp0 Aaa/AA+ 958 958 6/15/2022 2/12/2025 3.55% 0.00152031 41.02708 0.00152031 41.02708 4,742,029                    421259B TREASURY US TREASURY‐‐912828ZQ3 Aaa/AA+ 1096 1096 12/15/2021 6/30/2025 1.05% 0.00092218 96.23188 0.00092218 96.23188 9,722,266                    320259A FHLB AGENCY‐‐3130AJXA2 Aaa/AA+ 1170 1170 9/11/2020 9/12/2025 0.42% 0.00037406 105.45473 0.00037406 105.45473 9,980,200                    321259A FHLMC AGENCY‐‐3137EAEX3 Aaa/AA+ 1181 1181 8/23/2021 9/23/2025 0.64% 0.00028428 52.76873 0.00028428 52.76873 4,947,500                    322269A FNMA AGENCY‐‐3135GOQ22 Aaa/AA+ 1547 1547 6/15/2022 9/24/2026 3.54% 0.00149374 65.27727 0.00149374 65.27727 4,672,300                    421259A TREASURY US TREASURY‐‐91282CAZ4 Aaa/AA+ 1249 1249 10/27/2021 11/30/2025 1.01% 0.00088898 109.93449 0.00088898 109.93449 9,746,094                    Core Portfolio1.16% 1.97 1.16% 1.97 110,728,405$             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 Portfolio0.85% 0.59 1.9% 0.59 360,821,574$             WAY yearsMV/(TotalxYTM) MV/(TotalxDays to Mat)/360Fire Pension Portfoliofrom: 6/30/2022(Maturity ‐ Settlement)(Cost/Total)xCoupon (Cost/Total)xDaysInv # Instrument CUSIPName/TickerShares/Units RatingDays to MaturitySettlement DateMaturity Date Coupon Weighted YieldWeighted Average # DaysWeighted YieldWeighted Average # DaysCost Basis4308 US TREAS STRIP 912803BA0‐‐110,000                Aaa138                  11/24/1997 11/15/2022 6.18% 0.00247610 5.52827 0.00247610 5.52827 24,049                          4309 US TREAS STRIP 912803BA0‐‐300,000                Aaa138                  11/26/1997 11/15/2022 6.19% 0.00675274 15.06675 0.00675274 15.06675 65,544                          4310 US TREAS STRIP 912833LP3‐‐393,000                Aaa503                  11/24/1997 11/15/2023 6.17% 0.00833201 67.91442 0.00833201 67.91442 81,056                          4311 US TREAS STRIP 912803BD4‐‐375,000                Aaa869                  11/24/1997 11/15/2024 6.16% 0.00748871 105.64428 0.00748871 105.64428 72,983                          4286 US TREAS STRIP 912803BF9‐‐1,186,000            Aaa1,142              11/15/2003 8/15/2025 5.60% 0.03328730 678.54453 0.03328730 678.54453 356,701                       Total Portfolio5.83% 2 1.76% 2 600,333$                     WAY years(Cost/Total)xCoupon ((Cost/Total)xDays to Maturity)/360Fund 611 receives a porportionate 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 21,188,047$ 5,000,000$ 35,447,321$ 10,024,679$ 39,068,359$ 110,728,405$   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 21,188,047$ 5,000,000$ 35,447,321$ 10,024,679$ 39,068,359$ 110,728,405$   $21,188,047  $5,000,000  $35,447,321  $10,024,679  $39,068,359   $‐  $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) $21,188,047  $5,000,000  $35,447,321  $10,024,679  $39,068,359   $‐  $20,000,000  $40,000,000  $60,000,000 0‐6 months 6‐12 months 1‐2 years 2‐3 years 3‐5 years Pending Maturities IF CALLED AT NEXT CALL (excluding Overnight and Pension Portfolio) Period Renton  CORE Renton  BLENDED SIP Fed Funds  Rate 2Y TREAS March 2018 1.49% 1.21%1.58%1.51% 2.28% June 2018 1.49% 1.17%1.89%1.82% 2.53% September 2018 1.55% 1.16%2.07%1.95% 2.77% December 2018 1.78% 1.21%2.38%2.27% 2.68% March 2019 1.98% 1.54%2.53%2.41% 2.41% June 2019 1.98%1.53%2.51%2.38% 1.81% September 2019 1.98%1.40%2.20%2.04% 1.65% December 2019 1.74% 1.38%1.77%1.55% 1.61% March 2020 1.85% 1.16%1.29%0.65% 0.45% June 2020 1.87% 0.73%0.37%0.08% 0.19% September 2020 1.48% 0.62%0.21%0.09% 0.13% December 2020 1.30% 0.53%0.16%0.09% 0.14% March 2021 0.88% 0.41%0.11%0.07% 0.15% June 2021 0.88% 0.41%0.08%0.08% 0.20% September 2021 0.84% 0.39%0.09%0.08% 0.24% December 2021 0.84% 0.35%0.09%0.08% 0.68% March 2022 0.94% 0.45% 0.23%0.20% 1.91% June 2022 1.16% 0.85%1.01%1.21% 3.00% Renton Cash & Investment (Blended) Portfolio Performance, 5 year trend "Blended" portfolio includes cash and State Investment Pool 0.00% 0.50% 1.00% 1.50% 2.00% 2.50% 3.00% Renton CORE Renton BLENDED SIP Fed Funds Rate Linear (Renton CORE) Fund Fund Name Cash Investments Total C & I 000 GENERAL 69,861,706$                                                  ‐$                                 69,861,706$                  001 COMMUNITY SERVICES 7,611,582$                                                    ‐$                                 7,611,582$                    003 STREETS 2,642,315$                                                    ‐$                                 2,642,315$                    004 COMM DEV BLOCK GRANT FUND ‐$                                                               ‐$                                  ‐$                                005 Museum 79,163$                                                          ‐$                                 79,163$                          098 ECONOMIC DEVELOPMENT RESERVE 2,584,151$                                                    ‐$                                 2,584,151$                    108 LEASED CITY PROPERTIES 159,260$                                                        ‐$                                 159,260$                        110 SPECIAL HOTEL‐MOTEL TAX 807,290$                                                        ‐$                                 807,290$                        125 ONE PERCENT FOR ART 46,363$                                                          ‐$                                 46,363$                          127 CABLE COMM DEV FUND 616,757$                                                        ‐$                                 616,757$                        130 HOUSING AND SUPPORTIVE SERVICES 3,763,174$                                                    ‐$                                 3,763,174$                    135 SPRINGBROOK WETLANDS BANK 461,691$                                                        ‐$                                 461,691$                        140 POLICE SEIZURE 380,631$                                                        ‐$                                 380,631$                        141 POLICE SEIZURE CSAM 159,024$                                                        ‐$                                 159,024$                        215 GEN GOVT MISC DEBT SERV 5,049,362$                                                    ‐$                                 5,049,362$                    303 COMMUNITY DEVELOP IMPACT MITIG 4,818,674$                                                    ‐$                                 4,818,674$                    304 FIRE IMPACT MITIGATION 3,101,604$                                                    ‐$                                 3,101,604$                    305 TRANSPORTATION IMPACT MITIGATION 12,139,558$                                                  ‐$                                 12,139,558$                  308 REET 1 6,538,021$                                                    ‐$                                 6,538,021$                    309 REET 2 10,808,560$                                                  ‐$                                 10,808,560$                  310 RENTON SD IMPACT MITIGATION 3,699,507$                                                    ‐$                                 3,699,507$                    311 ISSAQUAH SD IMPACT MITIGATION ‐$                                                               ‐$                                  ‐$                                312 KENT SD IMPACT MITIGATION ‐$                                                               ‐$                                  ‐$                                316 MUNICIPAL FACILITIES CIP FUND 18,159,238$                                                  ‐$                                 18,159,238$                  317 CAPITAL IMPROVEMENT FUND 8,877,753$                                                    ‐$                                 8,877,753$                    336 Library Construction Fund ‐$                                                               ‐$                                  ‐$                                346 Family First Center 9,945,455$                                                    ‐$                                 9,945,455$                    Total General Funds 172,310,841$                                               ‐$                                172,310,841$                402 AIRPORT 2,331,250$                                                    ‐$                                 2,331,250$                    422 AIRPORT CAPITAL IMPROVEMENT FUND 5,962,074$                                                    ‐$                                 5,962,074$                    Total Airport Funds 8,293,324$                                                    ‐$                                8,293,324$                    404 MUNICIPAL GOLF COURSE SYSTEM FUND 1,282,855$                                                    ‐$                                 1,282,855$                    424 MUNICIPAL GOLF COURSE SYSTEM CIP FUND 471,005$                                                        ‐$                                 471,005$                        Total Golf Course Funds 1,753,860$                                                    ‐$                                1,753,860$                    403 SOLID WASTE UTILITY 3,643,778$                                                    ‐$                                 3,643,778$                    405 WATER OPERATIONS FUND 11,817,174$                                                  ‐$                                 11,817,174$                  406 WASTEWATER OPERATIONS FUND 8,030,988$                                                    ‐$                                 8,030,988$                    407 SURFACE WATER OPERATIONS FUND 16,977,498$                                                  ‐$                                 16,977,498$                  416 KING COUNTY METRO MITIGATION 5,425,250$                                                    ‐$                                 5,425,250$                    425 WATER CIP FUND 33,603,214$                                                  ‐$                                 33,603,214$                  426 WASTEWATER CIP FUND 13,917,973$                                                  ‐$                                 13,917,973$                  427 SURFACE WATER CIP FUND 6,903,915$                                                    ‐$                                 6,903,915$                    471 WATER WORKS RATE STABLIZATION 16,958$                                                          ‐$                                 16,958$                          Total Utility Funds 100,336,748$                                               ‐$                                100,336,748$                501 EQUIPMENT RENTAL 11,896,573$                                                  ‐$                                 11,896,573$                  503 INFORMATION SERVICES 6,531,028$                                                    ‐$                                 6,531,028$                    504 FACILITIES 1,212,011$                                                    ‐$                                 1,212,011$                    505 COMMUNCIATIONS 257,297$                                                        ‐$                                 257,297$                        502 INSURANCE FUND 21,290,545$                                                  ‐$                                 21,290,545$                  512 HEALTH INSURANCE FUND 7,378,916$                                                    ‐$                                 7,378,916$                    522 LEOFF1 RETIREES HEALTHCARE 18,946,136$                                                  ‐$                                 18,946,136$                  611 FIREMEN'S PENSION 7,848,727$                                                   600,333$                        8,449,061$                    650 SPECIAL DEPOSITS 1,808,551$                                                    ‐$                                 1,808,551$                    Total Stand Alone Funds 77,169,784$                                                 600,333$                        77,770,117$                  630 CUSTODIAL FUND 846,729$                                                        ‐$                                 846,729$                        632 PAYROLL CLEARING ACCOUNT 110,287$                                                        ‐$                                 110,287$                        901 SURPLUS BANK BALANCE (262,541,654)$                                             262,541,654$                 ‐$                                Total Accounting only funds (261,584,637)$                                             262,541,654$                957,016$                       98,279,920$                                                 263,141,987$                361,421,907$                US Treasury 19,468,359$                  7% SIP 151,813,249$                58% GSE's 69,627,501$                  27% CD's 21,632,545$                  8% Total 262,541,654$               73% (of total) Grand Total: Cash & Investments by Fund Fund 901 Summary June 30, 2022 Fund Fund Name 000 GENERAL 001 COMMUNITY SERVICES 003 STREETS 004 COMM DEV BLOCK GRANT FUND 005 Museum 098 ECONOMIC DEVELOPMENT RESERVE 108 LEASED CITY PROPERTIES 110 SPECIAL HOTEL‐MOTEL TAX 125 ONE PERCENT FOR ART 127 CABLE COMM DEV FUND 130 HOUSING AND SUPPORTIVE SERVICES 135 SPRINGBROOK WETLANDS BANK 140 POLICE SEIZURE 141 POLICE SEIZURE CSAM 215 GEN GOVT MISC DEBT SERV 303 COMMUNITY DEVELOP IMPACT MITIG 304 FIRE IMPACT MITIGATION 305 TRANSPORTATION IMPACT MITIGATION 308 REET 1 309 REET 2 310 RENTON SD IMPACT MITIGATION 311 ISSAQUAH SD IMPACT MITIGATION 312 KENT SD IMPACT MITIGATION 316 MUNICIPAL FACILITIES CIP FUND 317 CAPITAL IMPROVEMENT FUND 336 Library Construction Fund 346 Family First Center Total General Funds 402 AIRPORT 422 AIRPORT CAPITAL IMPROVEMENT FUND Total Airport Funds 404 MUNICIPAL GOLF COURSE SYSTEM FUND 424 MUNICIPAL GOLF COURSE SYSTEM CIP FUND Total Golf Course Funds 403 SOLID WASTE UTILITY 405 WATER OPERATIONS FUND 406 WASTEWATER OPERATIONS FUND 407 SURFACE WATER OPERATIONS FUND 416 KING COUNTY METRO MITIGATION 425 WATER CIP FUND 426 WASTEWATER CIP FUND 427 SURFACE WATER CIP FUND 471 WATER WORKS RATE STABLIZATION Total Utility Funds 501 EQUIPMENT RENTAL 503 INFORMATION SERVICES 504 FACILITIES 505 COMMUNCIATIONS 502 INSURANCE FUND 512 HEALTH INSURANCE FUND 522 LEOFF1 RETIREES HEALTHCARE 611 FIREMEN'S PENSION 650 SPECIAL DEPOSITS Total Stand Alone Funds 630 CUSTODIAL FUND 632 PAYROLL CLEARING ACCOUNT 901 SURPLUS BANK BALANCE Total Accounting only funds Grand Total: Cash & Investments by Fund Cash Investments Total C & I% chg 53,702,587$            ‐$                                 53,702,587$               30% 6,171,139$              ‐$                                 6,171,139$                  23% 1,916,262$              ‐$                                 1,916,262$                  38% (456,851)$                ‐$                                 (456,851)$                    ‐100% 68,125$                    ‐$                                 68,125$                       16% 2,571,904$              ‐$                                 2,571,904$                  N/A 245,973$                  ‐$                                 245,973$                     ‐35% 888,025$                  ‐$                                 888,025$                     ‐9% 147,713$                  ‐$                                 147,713$                     ‐69% 698,101$                  ‐$                                 698,101$                     ‐12% ‐$                          ‐$                                  ‐$                              #DIV/0! 373,460$                  ‐$                                 373,460$                     24% 750,640$                  ‐$                                 750,640$                     ‐49% 169,806$                  ‐$                                 169,806$                     ‐6% 5,698,461$              ‐$                                 5,698,461$                  ‐11% 1,880,571$              ‐$                                 1,880,571$                  156% 2,363,234$              ‐$                                 2,363,234$                  31% 4,450,482$              ‐$                                 4,450,482$                  173% 4,158,148$              ‐$                                 4,158,148$                  57% 5,529,458$              ‐$                                 5,529,458$                  95% ‐$                          ‐$                                  ‐$                              #DIV/0! ‐$                          ‐$                                  ‐$                              0% ‐$                          ‐$                                  ‐$                              0% 19,938,176$            ‐$                                 19,938,176$               ‐9% 15,796,100$            ‐$                                 15,796,100$               ‐44% ‐$                          ‐$                                  ‐$                              0% 8,322,073$              ‐$                                 8,322,073$                  20% 135,383,584$         ‐$                                135,383,584$             27% 2,434,792$              ‐$                                 2,434,792$                  ‐4% 5,701,223$              ‐$                                 5,701,223$                  5% 8,136,015$              ‐$                                8,136,015$                 2% 803,146$                  ‐$                                 803,146$                     60% 384,002$                  ‐$                                 384,002$                     23% 1,187,147$              ‐$                                1,187,147$                 48% 3,111,297$              ‐$                                 3,111,297$                  17% 6,133,204$              ‐$                                 6,133,204$                  93% 5,543,699$              ‐$                                 5,543,699$                  45% 13,521,398$            ‐$                                 13,521,398$               26% 4,606,643$              ‐$                                 4,606,643$                  18% 35,501,809$            ‐$                                 35,501,809$               ‐5% 19,157,018$            ‐$                                 19,157,018$               ‐27% 8,887,552$              ‐$                                 8,887,552$                  ‐22% 16,877$                    ‐$                                 16,877$                       0% 96,479,497$            ‐$                                96,479,497$               4% 8,080,797$              ‐$                                 8,080,797$                  47% 4,605,306$              ‐$                                 4,605,306$                  42% 1,225,557$              ‐$                                 1,225,557$                  ‐1% 296,055$                  ‐$                                 296,055$                     ‐13% 19,770,267$            ‐$                                 19,770,267$               8% 6,120,577$              ‐$                                 6,120,577$                  21% 17,346,186$            ‐$                                 17,346,186$               9% 7,445,258$             698,844$                        8,144,103$                  4% 1,843,995$              ‐$                                 1,843,995$                  ‐2% 66,733,997$           698,844$                        67,432,842$               15% 293,161$                  ‐$                                 293,161$                     189% 57,190$                    ‐$                                 57,190$                       93% (224,562,443)$       224,562,443$                 ‐$                              0% (224,212,092)$       224,562,443$                350,351$                      83,708,149$           225,261,287$                308,969,436$             17% % chg SIP 126,144,666$                68% 20% GSE's 32,420,660$                  17% 115% CD's 26,930,162$                  15%‐20% Total 185,495,488$               60%42% (of total) (2022 v 2021) Fund 901 Summary compare to last year June 30, 2021 Commencement Bank                 49,450,820 16,973,164         34% 5,000,000               10.11% 3.0% $                             ‐    First Financial Northwest Bank              149,357,709 57,874,819         39% 16,632,545             11.14%‐0.9% $                             ‐    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 Worth 5/31/2021 % public (PDPC limit 100%) % public  City of Renton  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 (1,063,730.57)$       CHANGE since last report Depository Worth 2/28/2021 % public (PDPC limit 100%) % public  City of Renton  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 Worth 11/30/2020 % public (PDPC limit 100%)  % public  City of Renton  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 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%) Deposits % of net worth (PDPC limit 100%) % public   City of Renton  Deposits  Public Deposit Protection Commission (PDPC) Report 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 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%) Deposits % of net worth (PDPC limit 100%) % public   City of Renton  Deposits