FEDERAL RESERVE Statistical Release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                            August 23, 2007
1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
                                                                   Averages of daily figures
Reserve Bank credit, related items, and                   Week ended   Change from week ended     Wednesday
reserve balances of depository institutions at           Aug 22, 2007 Aug 15, 2007 Aug 23, 2006 Aug 22, 2007
Federal Reserve Banks

Reserve Bank Credit                                         851,696    -  16,068    +  26,626      849,225
 Securities held outright                                   789,613    -   1,042    +  24,763      789,619       
    U.S. Treasury (1)                                       789,613    -   1,042    +  24,763      789,619
       Bills (2)                                            277,019            0            0      277,019
       Notes and bonds, nominal (2)                         472,142    -   1,060    +  14,316      472,142
       Notes and bonds, inflation-indexed (2)                35,753            0    +   9,734       35,753
       Inflation compensation (3)                             4,699    +      18    +     712        4,706
    Federal agency (2)                                            0            0            0            0      
 Repurchase agreements(4)                                    22,607    -  13,679    +   1,071       19,000
 Loans to depository institutions                             1,541    +   1,270    +   1,193        2,262
    Primary credit                                            1,200    +   1,189    +   1,193        2,001
    Secondary credit                                             85    +      85    +      85            0
    Seasonal credit                                             256    -       4    -      85          261
 Float                                                         -755    +     288    -     485         -533
 Other Federal Reserve assets                                38,690    -   2,906    +      84       38,877
Gold stock                                                   11,041            0            0       11,041
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (5)                            38,619    +      14    +     594       38,619
       
Total factors supplying reserve funds                       903,556    -  16,055    +  27,220      901,085
                                                                   
Currency in circulation(5)                                  811,084    -   1,319    +  17,820      811,841
Reverse repurchase agreements (6)                            31,351    -       6    +   3,848       29,956
   Foreign official and international accounts               31,351    -       6    +   3,848       29,956
   Dealers                                                        0            0            0            0
Treasury cash holdings                                          280    +      21    +     121          306
Deposits with F.R.Banks, other than reserve balances         12,234    +     570    -     473       12,545       
  U.S. Treasury, general account                              4,842    +     107    -     155        5,329
  Foreign official                                               99    +       4    +      10           95
  Service-related                                             6,858    +     296    -     122        6,858
     Required clearing balances                               6,855    +     293    -     125        6,855
     Adjustments to compensate for float                          3    +       3    +       3            3
  Other                                                         434    +     161    -     206          263
Other liabilities and capital                                40,443    +     406    +   4,846       40,299

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                  895,392    -     328    +  26,162      894,948

Reserve balances with Federal Reserve Banks                   8,164    -  15,727    +   1,058        6,138
                                                                

Memo (off-balance-sheet items):
  Marketable securities held in custody for foreign
         official and international accounts(2,7)         1,986,411    -  18,410    + 316,038    1,979,224
     U.S. Treasury                                        1,218,830    -  25,132    +  79,743    1,209,858
     Federal agency                                         767,582    +   6,723    + 236,296      769,366
  Securities lent to dealers                                  5,081    +     380    +   3,853        7,948   


Note: Components may not sum to totals because of rounding.


1  Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.  
2  Face value of the securities. 
3  Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities. 
4  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
5  Estimated. 
6  Cash value of agreements, which are collateralized by U.S. Treasury securities.
7  Includes U.S. Treasury STRIPS and other zero coupon bonds at face value.


Sources: Federal Reserve Banks and the U.S. Department of the Treasury.


2. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of Dollars
                                              Eliminations                          Change Since
                                                  from       Wednesday        Wednesday        Wednesday
Assets, liabilities, and capital             consolidation Aug 22, 2007     Aug 15, 2007     Aug 23, 2006

Assets
Gold certificate account                                        11,037                0                0
Special drawing rights certificate account                       2,200                0                0
Coin                                                             1,017        -      21        +     241
Securities, repurchase agreements, and loans                   810,881        -   2,985        +  25,909
   Securities held outright                                    789,619        +      18        +  24,764
      U.S. Treasury (1)                                        789,619        +      18        +  24,764       
         Bills (2)                                             277,019                0                0
         Notes and bonds, nominal (2)                          472,142                0        +  14,316
         Notes and bonds, inflation-indexed (2)                 35,753                0        +   9,734
         Inflation compensation (3)                              4,706        +      18        +     714
      Federal agency (2)                                             0                0                0
   Repurchase agreements (4)                                    19,000        -   5,000        -     750    
   Loans                                                         2,262        +   1,998        +   1,895
Items in process of collection                      (734)        2,655        +     147        -   1,605
Bank premises                                                    2,068        +       1        +     191
Other assets (5)                                                36,895        +     705        +     181
      Total assets                                  (734)      866,753        -   2,151        +  24,916
                          
Liabilities
Federal Reserve notes net of FR Bank holdings                  774,540        -   1,249        +  17,771
Reverse repurchase agreements (6)                               29,956        -   1,985        +   3,403
Deposits                                              (0)       18,769        +     713        +      44       
  Depository institutions                                       13,082        +     517        -     291
  U.S. Treasury, general account                                 5,329        +     220        +     386
  Foreign official                                                  95        -       1        +       5
  Other                                               (0)          263        -      23        -      55
Deferred availability cash items                    (734)        3,188        -     250        -   1,392
Other liabilities and accrued dividends (7)                      6,030        +      63        +     778
      Total liabilities                             (734)      832,483        -   2,707        +  20,605
                          
Capital Accounts
Capital paid in                                                 16,841        +      62        +   1,794
Surplus                                                         15,412                0        +   2,511
Other capital accounts                                           2,016        +     493        +       5
      Total capital                                             34,270        +     556        +   4,311


Note: Components may not sum to totals because of rounding.

1  Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.
2  Face value of the securities.
3  Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities. 
4  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securites.
5  Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates. 
6  Cash value of agreements, which are collateralized by U.S. Treasury securities.
7  Includes exchange-translation account reflecting the daily revaluation at market exchange rates of 
   foreign exchange commitments.



3. Maturity Distribution of Loans and Securities,    August 22, 2007
Millions of dollars
                                    U.S. Treasury           Federal agency                      Reverse
Maturity             Loans           securities (1)          securities           Repurchase   repurchase
                                              Weekly                    Weekly    agreements(2)agreements(2)
                                  Holdings    changes      Holdings    changes    
Within 15 days           1,653       58,660   +   7,382            0           0       19,000       29,956
16 days to 90 days         609      161,606   +     682            0           0            0            0
91 days to 1 year            0      173,254   -   1,096            0           0     ------      ------
Over 1 to 5 years     ------        234,421   -   6,961            0           0     ------      ------
Over 5 to 10 years    ------         75,486   +   9,426            0           0     ------      ------
Over 10 years         ------         86,192   -   9,416            0           0     ------      ------
                   		 	
All                      2,262      789,619   +      18            0           0       19,000      29,956

Note: Components may not sum to totals because of rounding.
---   Not applicable.

1  Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face 
   value of such securities. 
2  Cash value of agreements classified by remaining maturity of the agreements.



4. Statement of Condition of Each Federal Reserve Bank on    August 22, 2007
Millions of dollars
                                                                                                                                                            Kansas                 San
Assets, liabilities, and capital               Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco

Assets                        
Gold certificate account                      11,037        449      4,053        455        428        869      1,117        903        326        203        335        613      1,286
Special drawing rights certificate acct.       2,200        115        874         83        104        147        166        212         71         30         66         98        234
Coin                                           1,017         26         56         67         99        105        138        121         48         37         76        110        134
Securities, repurchase agreements,
      and loans                              810,881     37,266    293,799     35,782     33,091     71,060     75,005     67,872     25,907     16,211     26,212     35,539     93,136
   Securities held outright                  789,619     36,390    285,919     34,933     32,314     68,414     73,235     66,231     25,237     15,755     25,561     34,693     90,937
      U.S. Treasury (1)                      789,619     36,390    285,919     34,933     32,314     68,414     73,235     66,231     25,237     15,755     25,561     34,693     90,937
         Bills (2)                           277,019     12,767    100,308     12,255     11,336     24,001     25,693     23,235      8,854      5,527      8,967     12,171     31,903
         Notes and bonds(3)                  512,600     23,624    185,611     22,678     20,977     44,413     47,543     42,995     16,383     10,228     16,593     22,522     59,034
         Federal agency (2)                        0          0          0          0          0          0          0          0          0          0          0          0          0
      Repurchase agreements(4)                19,000        876      6,880        841        778      1,646      1,762      1,594        607        379        615        835      2,188
      Loans                                    2,262          0      1,000          8          0      1,000          8         48         62         78         36         11         11
Items in process of collection                 3,389        152        -24        283        357        333        285        259         62        169        267        200      1,046
Bank premises                                  2,068        119        215         57        155        175        230        206        100        114        234        260        203
Other assets(5)                               36,895      1,210     11,336      3,277      2,141      7,079      3,116      2,366        703        688        712        936      3,333
Interdistrict settlement account                   0    - 4,215    + 5,955    -   345    - 2,290    + 1,168    + 5,857    -    34    -    34    - 1,418    + 1,023    - 2,179    - 3,487
          Total Assets                       867,486     35,121    316,264     39,658     34,085     80,936     85,916     71,906     27,182     16,035     28,924     35,576     95,884

Note: Components may not sum to totals because of rounding.

1  Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.
2  Face value of the securities.
3  Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face 
   value of such securities. 
4  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
5  Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates.




4. Statement of Condition of Each Federal Reserve Bank on    August 22, 2007
Millions of dollars
                                                                                                                                                            Kansas                 San
Assets, liabilities, and capital                Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco

Liabilities                         
Federal Reserve notes outstanding             993,418     37,358    355,347     41,219     38,208     81,310    110,728     80,322     29,372     17,322     30,328     57,847    114,056
  Less: notes held by F.R. Banks              218,878      5,565     69,933      7,817      9,153     15,427     32,343     14,898      4,142      3,238      3,819     25,421     27,121
    Federal Reserve notes, net                774,540     31,793    285,413     33,402     29,055     65,884     78,385     65,423     25,231     14,084     26,508     32,426     86,935
Reverse repurchase agreements (1)              29,956      1,381     10,847      1,325      1,226      2,595      2,778      2,513        957        598        970      1,316      3,450
Deposits                                       18,769        618      8,942        511        620      2,226      1,237      1,254        305        238        531        700      1,587
  Depository institutions                      13,082        611      3,374        506        616      2,137      1,234      1,252        303        237        530        699      1,583
  U.S. Treasury, general account                5,329          0      5,329          0          0          0          0          0          0          0          0          0          0
  Foreign official                                 95          1         64          5          3         11          3          2          0          1          0          1          3
  Other                                           263          6        175          0          1         78          0          0          1          0          1          0          0
Deferred availability cash items                3,922        240         78        468        628        269        370        362         88        267        303        240        610
Other liabilities and accrued                 
  dividends (2)                                 6,030        265      1,856        278        276        835        556        491        225        159        208        287        593
   
    Total liabilities                         833,217     34,296    307,136     35,985     31,806     71,809     83,327     70,043     26,806     15,345     28,521     34,969     93,175
                              
Capital                    
Capital paid in                                16,841        388      4,406      1,808      1,134      4,672      1,229        897        176        350        188        287      1,306
Surplus                                        15,412        396      3,805      1,811      1,087      4,097      1,277        860        167        276        176        214      1,248
Other capital                                   2,016         41        917         55         59        358         82        106         33         63         39        107        156
     Total liabilities and capital            867,486     35,121    316,264     39,658     34,085     80,936     85,916     71,906     27,182     16,035     28,924     35,576     95,884
                              

Note: Components may not sum to totals because of rounding.

1  Cash value of agreements, which are collateralized by U.S. Treasury securities.
2  Includes exchange-translation account reflecting the daily revaluation at market exchange rates of foreign exchange commitments.


5. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars



Federal Reserve notes and collateral        Wednesday
                                          Aug 22, 2007
              
Federal Reserve notes outstanding             993,418
   Less: Notes held by F.R. Banks
         not subject to collateralization     218,878
      Federal Reserve Notes to be
         collateralized                       774,540 
Collateral held against Federal Reserve            
   notes                                      774,540
   Gold certificate account                    11,037
   Special drawing rights                 
     certificate account                        2,200
   U.S. Treasury and agency securities   
     pledged (1)                              761,303
   Other assets pledged                             0

Memo:
Total U.S. Treasury and agency 
       securities (1)                         808,619
   Less:face value of securities under
         reverse repurchase agreements         29,982
      U.S. Treasury and agency securities
             eligible to be pledged           778,637
   

Note: Components may not sum to totals because of rounding.

1  Includes face value of U.S. Treasury and agency securities held outright, compensation to adjust for the effect of inflation on the original face 
   value of inflation-indexed securities, and cash value of repurchase agreements.