CASH AND INVESTMENTS REPORT
FOR THE QUARTER ENDED
MARCH 31, 2026
TABLE OF CONTENTS
• Cash and Investments Report – Summary for the Quarter Ended March 31, 2026 o Statement of Compliance of Quarterly Investment Report to City Investment Policy o Statement of ability to meet budgetary expenditure requirements for the next six months
• Cash and Investments Report – Detail Schedule for the Quarter Ended March 31, 2026 City of Vernon
Report of Cash and Investments - Summary
For the Quarter Ended March 31, 2026
Amount Market
Type of Investment Issuer PAR Invested Value Market Price Source Cash and Money Market Deposit Accounts East West Bank $ 107,000,260 $ 107,000,260 $ 107,000,260 East West Bank State Treasurer Pool "LAIF" State Treasurer LAIF 5,749,343 5,749,343 5,749,343 Local Agency Investment Fund Trust Accounts Bank of New York Mellon Trust Company 24,075,763 24,075,763 24,075,763 Bank of New York Mellon Escrow Accounts Bank of New York Mellon Trust Company 33,737,791 33,737,791 33,737,791 Bank of New York Mellon Cash and Money Market Funds Stifel, Nicolaus & Company 119,437,086 119,437,086 119,437,086 Stifel, Nicolaus & Company Certificate of Deposit See the attached detail schedule 4,943,000 4,940,570 5,013,158 Stifel, Nicolaus & Company US Government Agency Bonds See the attached detail schedule 47,571,784 47,014,784 47,508,995 Stifel, Nicolaus & Company Municipal Bonds San Diego County 685,000 622,610 663,621 Stifel, Nicolaus & Company Total Cash and Investments $ 343,200,028 $ 342,578,207 $ 343,186,017 Compliance Statement:
The above portfolio is in compliance with the City's Annual Statement of Investment Policy and has the ability to meet its budgetary expenditure requirements for the next six months.
City of Vernon
Report of Cash and Investments - Detail Schedule
For the Quarter Ended March 31, 2026
FINANCIAL
INSTITUTION ACCOUNT NAME INVESTMENT TYPE INVESTMENT NAME CUSIP
NUMBER
PURCHASE
DATE
DATE OF
MATURITY
FACE VALUE
(PAR)
AMOUNT
INVESTED
MARKET
VALUE
INTEREST
RATE
East West Bank Operating Account Checking Account Deposits N/A N/A N/A $ 87,965,945.72 $ 87,965,945.72 $ 87,965,945.72 0.75% East West Bank FSA Account Checking Account Deposits N/A N/A N/A $ 23,907.08 $ 23,907.08 $ 23,907.08 0.75% East West Bank Payroll Checking Account Deposits N/A N/A N/A $ 834.85 $ 834.85 $ 834.85 0.75% East West Bank Worker's Compensation Account Checking Account Deposits N/A N/A N/A $ 120,485.46 $ 120,485.46 $ 120,485.46 0.75% East West Bank Federal Funds for Street Improvements Savings Account Money Market Deposits N/A N/A N/A $ 1,381.35 $ 1,381.35 $ 1,381.35 1.25% East West Bank Asset Forfeiture-Federal Funding Savings Account Money Market Deposits N/A N/A N/A $ 461,723.74 $ 461,723.74 $ 461,723.74 1.26% East West Bank Asset Forfeiture-State Funding Savings Account Money Market Deposits N/A N/A N/A $ 15,480.52 $ 15,480.52 $ 15,480.52 1.26% East West Bank Drug Abuse Program Savings Account Money Market Deposits N/A N/A N/A $ 5,499.04 $ 5,499.04 $ 5,499.04 1.26% East West Bank SCWP Savings Account Money Market Deposits N/A N/A N/A $ 6,998.80 $ 6,998.80 $ 6,998.80 1.71% East West Bank Light & Power AB1890 Checking Account Deposits N/A N/A N/A $ 5,286,184.96 $ 5,286,184.96 $ 5,286,184.96 0.75% East West Bank Light and Power Fund Savings Account Deposits N/A N/A N/A $ 1,512,204.60 $ 1,512,204.60 $ 1,512,204.60 1.71% East West Bank CARB Natural Gas Rebates Savings Account Money Market Deposits N/A N/A N/A $ 11,599,613.95 $ 11,599,613.95 $ 11,599,613.95 1.71% East West Bank $ 107,000,260.07 $ 107,000,260.07 $ 107,000,260.07 State of California Local Agency Investment Fund State Treasurer Pool Pooled Money Investment Account N/A 9/30/2003 N/A $ 5,749,343.12 $ 5,749,343.12 $ 5,749,343.12 3.83% State of California $ 5,749,343.12 $ 5,749,343.12 $ 5,749,343.12 Bank of New York Vernon 20 Wtr Interest Account Money Market Mutual Funds Dreyfus Treasury Securities Cash Mgmt X9USDTVM2 N/A N/A $ 96.94 $ 96.94 $ 96.94 3.42% Bank of New York Vernon 20 Wtr Revenue Fund Money Market Mutual Funds Dreyfus Treasury Securities Cash Mgmt X9USDTVM2 N/A N/A $ 7,445.41 $ 7,445.41 $ 7,445.41 3.42% Bank of New York Vernon 20 Electric Cap Improv Money Market Mutual Funds Dreyfus Treasury Securities Cash Mgmt X9USDTVM2 N/A N/A $ 150,285.17 $ 150,285.17 $ 150,285.17 3.42% Bank of New York Vernon Ele Rev 09 Debt Serv Reserve Money Market Mutual Funds Goldman Financial Square Gov't Fund X9USDGFSG N/A N/A $ 23,917,933.00 $ 23,917,933.00 $ 23,917,933.00 3.30% Bank of New York Vernon Ele Rev 09 Debt Service Fund Money Market Mutual Funds Goldman Financial Square Gov't Fund X9USDGFSG N/A N/A $ 2.35 $ 2.35 $ 2.35 3.40% Bank of New York Mellon Trust Company (Trust Accounts) $ 24,075,762.87 $ 24,075,762.87 $ 24,075,762.87 Bank of New York City of Vernon Escrow Account Money Market Mutual Funds Invesco Government Agency Private X9USDAIMP N/A N/A $ 14,213,373.24 $ 14,213,373.24 $ 14,213,373.24 3.29% Bank of New York Vernon Esc '06 Lt & Pwr Stabilization A Money Market Mutual Funds Invesco Government Agency Private X9USDAIMP N/A N/A $ 74.93 $ 74.93 $ 74.93 3.28% Bank of New York City of Vernon Unrestricted Dep AC Money Market Mutual Funds Morgan Stanley Govt Instl 8302 X9USDMOR3 N/A N/A $ 19,524,342.81 $ 19,524,342.81 $ 19,524,342.81 3.57% Bank of New York Mellon Trust Company (Escrow Accounts) $ 33,737,790.98 $ 33,737,790.98 $ 33,737,790.98 Stifel, Nicolaus & Company City of Vernon Money Market Mutual Funds Dreyfus Treasury Prime N/A N/A N/A $ 119,437,086.21 $ 119,437,086.21 $ 119,437,086.21 3.53% Stifel, Nicolaus & Company City of Vernon Certificate of Deposit BMW Bank of North America 05580A4Y7 12/13/23 06/15/26 $ 245,000.00 $ 245,000.00 $ 245,318.50 4.64% Stifel, Nicolaus & Company City of Vernon Certificate of Deposit City National Bank 178180HA6 12/13/23 12/14/26 $ 245,000.00 $ 245,000.00 $ 246,367.10 4.62% Stifel, Nicolaus & Company City of Vernon Certificate of Deposit State Bank of India 8562854Q1 12/13/23 12/15/26 $ 245,000.00 $ 245,000.00 $ 246,281.35 4.63% Stifel, Nicolaus & Company City of Vernon Certificate of Deposit Mountain Commerce Bank 62400PKP4 12/13/23 12/21/26 $ 245,000.00 $ 245,000.00 $ 246,104.95 4.48% Stifel, Nicolaus & Company City of Vernon Certificate of Deposit SCE Federal Credit Union 78413RAK3 12/13/23 12/21/26 $ 245,000.00 $ 245,000.00 $ 246,278.90 4.58% Stifel, Nicolaus & Company City of Vernon Certificate of Deposit Third Federal Savings & Loan Assn 88413QER5 12/13/23 12/28/26 $ 245,000.00 $ 245,000.00 $ 246,352.40 4.62% Stifel, Nicolaus & Company City of Vernon Certificate of Deposit Medallion Bank 58404DUA7 12/13/23 12/29/26 $ 245,000.00 $ 245,000.00 $ 246,139.25 4.48% Stifel, Nicolaus & Company City of Vernon Certificate of Deposit Hapo Community CU 41138NAB4 08/25/23 02/26/27 $ 249,000.00 $ 249,000.00 $ 251,420.28 4.95% Stifel, Nicolaus & Company City of Vernon Certificate of Deposit PIMA Federal CU 722000AB2 08/02/23 08/17/27 $ 249,000.00 $ 249,000.00 $ 252,687.69 4.93% Stifel, Nicolaus & Company City of Vernon Certificate of Deposit Baxter Credit Union 07181JBC7 08/01/23 08/23/27 $ 249,000.00 $ 249,000.00 $ 252,764.88 4.93% Stifel, Nicolaus & Company City of Vernon Certificate of Deposit Granite Federal CU 38731MAA5 08/25/23 08/31/27 $ 249,000.00 $ 249,000.00 $ 252,642.87 4.88% Stifel, Nicolaus & Company City of Vernon Certificate of Deposit Chartway Federal CU 16141BAQ4 08/25/23 09/08/27 $ 249,000.00 $ 249,000.00 $ 252,837.09 4.92% Stifel, Nicolaus & Company City of Vernon Certificate of Deposit Austin Telco Federal CU 052392CN5 08/25/23 01/27/28 $ 248,000.00 $ 245,569.92 $ 251,724.96 4.68% City of Vernon
Report of Cash and Investments - Detail Schedule
For the Quarter Ended March 31, 2026
FINANCIAL
INSTITUTION ACCOUNT NAME INVESTMENT TYPE INVESTMENT NAME CUSIP
NUMBER
PURCHASE
DATE
DATE OF
MATURITY
FACE VALUE
(PAR)
AMOUNT
INVESTED
MARKET
VALUE
INTEREST
RATE
Stifel, Nicolaus & Company City of Vernon Certificate of Deposit Tucson Federal CU 898812AB8 08/01/23 08/08/28 $ 249,000.00 $ 249,000.00 $ 254,771.82 4.84% Stifel, Nicolaus & Company City of Vernon Certificate of Deposit Maine Savings Federal CU 560507AR6 08/18/23 08/25/28 $ 249,000.00 $ 249,000.00 $ 254,301.21 4.75% Stifel, Nicolaus & Company City of Vernon Certificate of Deposit Lincoln Park Community CU 534574AC2 08/18/23 08/28/28 $ 249,000.00 $ 249,000.00 $ 255,172.71 4.88% Stifel, Nicolaus & Company City of Vernon Certificate of Deposit Greenstate Credit Union 39573LEL8 08/18/23 08/29/28 $ 249,000.00 $ 249,000.00 $ 255,202.59 4.88% Stifel, Nicolaus & Company City of Vernon Certificate of Deposit Valleystar Credit Union 92023CAG8 08/18/23 08/30/28 $ 249,000.00 $ 249,000.00 $ 257,361.42 4.69% Stifel, Nicolaus & Company City of Vernon Certificate of Deposit UBS Bank USA 90355GJQ0 12/13/23 12/20/28 $ 245,000.00 $ 245,000.00 $ 247,947.35 4.35% Stifel, Nicolaus & Company City of Vernon US Government Agency Bonds Federal Home Loan Bank Bond 3130B9XT2 03/19/26 03/20/28 $ 5,000,000.00 $ 4,992,500.00 $ 4,980,450.00 3.80% Stifel, Nicolaus & Company City of Vernon US Government Agency Bonds Federal Home Loan Mortgage Corp 3132XGVA1 11/20/23 04/01/28 $ 14,726,098.50 $ 14,360,473.50 $ 14,679,019.16 4.67% Stifel, Nicolaus & Company City of Vernon US Government Agency Bonds Federal Home Loan Mortgage Corp 3132XGUR5 08/03/23 05/01/28 $ 8,477,000.00 $ 8,408,124.38 $ 8,457,960.65 5.05% Stifel, Nicolaus & Company City of Vernon US Government Agency Bonds Federal National Mortgage Assn 3140LLEX5 08/22/23 08/01/28 $ 6,868,685.95 $ 6,772,435.95 $ 6,912,164.73 4.95% Stifel, Nicolaus & Company City of Vernon US Government Agency Bonds Federal Home Loan Bank Bond 3130BA6X0 03/31/26 10/06/28 $ 2,500,000.00 $ 2,500,000.00 $ 2,500,000.00 4.00% Stifel, Nicolaus & Company City of Vernon US Government Agency Bonds Federal Home Loan Mortgage Corp 3134HCWZ8 03/19/26 03/09/29 $ 5,000,000.00 $ 4,993,750.00 $ 5,000,350.00 4.00% Stifel, Nicolaus & Company City of Vernon US Government Agency Bonds Federal Home Loan Mortgage Corp 3134HCB40 03/19/26 03/23/29 $ 5,000,000.00 $ 4,987,500.00 $ 4,979,050.00 4.02% Stifel, Nicolaus & Company City of Vernon Municipal Bonds San Diego County 797400LF3 08/31/23 04/01/28 $ 685,000.00 $ 622,610.20 $ 663,621.15 2.45% Stifel, Nicolaus & Company $ 172,636,870.66 $ 172,015,050.16 $ 172,622,860.20 Total Cash and Investments $ 343,200,027.70 $ 342,578,207.20 $ 343,186,017.24