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ELK RIVER FIRE RELIEF ASSOCIATION <br /> ELK RIVER,MINNESOTA <br /> NOTES TO THE FINANCIAL STATEMENTS <br /> DECEMBER 31,2012 AND 2011 <br /> Note 3: DETAILED NOTES ON ACCOUNTS-CONTINUED <br /> Following is a summary of the deposits covered by FDIC insurance at December 31,2012 and 2011: <br /> 2012 <br /> Fund Book Bank <br /> General $ 1,727 $ 1,983 <br /> Special Pension Trust 68,696 68,696 <br /> Total $ 70,423 $ 70,679 <br /> 2011 <br /> Fund Book Bank <br /> General $ 3,905 $ 3,905 <br /> Special Pension Trust 72,669 72,669 <br /> Total $ 76,574 $ 76,574 <br /> Investments <br /> At year end,the Association had the following investments that are insured or registered,or securities held by the <br /> Association or its agent in the Association's name: <br /> Credit Concentration Segmented Fair Value and <br /> Quality/ of Time Carrying Amount <br /> Type of Investment Ratings(1) Credit Risk Distribution(2) 2012 2011 <br /> Pooled investments <br /> Broker money market N/A N/A less than 6 mo. $ 196,744 $ 248,604 <br /> Mutual funds N/A N/A N/A 1,016,949 707,946 <br /> Total pooled investments 1,213,693 956,550 <br /> Non-pooled investments <br /> Domestic stock N/A N/A N/A 1,172,719 1,236,456 <br /> Total investments $ 2,386,412 $ 2,193,006 <br /> (1) Ratings are provided by various credit rating agencies where applicable to indicate associated credit risk. <br /> (2) Interest rate risk is disclosed using the segmented time distribution method. <br /> N/A indicates not applicable or available. <br /> -30- <br />