FEDERAL RESERVE statistical release
H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                           September 23, 2010
 
1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and                         Averages of daily figures         Wednesday  
reserve balances of depository institutions at             Week ended   Change from week ended   Sep 22, 2010
Federal Reserve Banks                                     Sep 22, 2010 Sep 15, 2010 Sep 23, 2009
 
Reserve Bank credit                                        2,286,518   -    2,768   +  153,879    2,290,004
  Securities held outright (1)                             2,047,446   -    2,296   +  468,578    2,051,085
    U.S. Treasury securities                                 801,202   +    9,178   +   38,455      805,107
      Bills (2)                                               18,423            0            0       18,423
      Notes and bonds, nominal (2)                           735,578   +    9,083   +   41,548      739,482
      Notes and bonds, inflation-indexed (2)                  41,768   +       92   -    2,820       41,768
      Inflation compensation (3)                               5,433   +        2   -      273        5,434
    Federal agency debt securities (2)                       154,164   -    1,948   +   27,271      154,105
    Mortgage-backed securities (4)                         1,092,079   -    9,527   +  402,851    1,091,873
  Repurchase agreements (5)                                        0            0            0            0
  Term auction credit                                              0            0   -  196,020            0
  Other loans                                                 52,489   -      305   -   58,580       51,262
    Primary credit                                                20   -        9   -   28,166           15
    Secondary credit                                               0            0   -      577            0
    Seasonal credit                                               77   -        2   -       44           78
    Asset-Backed Commercial Paper Money Market
       Mutual Fund Liquidity Facility                              0            0   -       79            0
    Credit extended to American International
       Group, Inc., net (6)                                   19,957   +       80   -   19,153       19,665
    Term Asset-Backed Securities Loan Facility (7)            32,434   -      373   -   10,562       31,503
    Other credit extensions                                        0            0            0            0
  Net portfolio holdings of Commercial Paper
     Funding Facility LLC (8)                                      0            0   -   42,820            0
  Net portfolio holdings of Maiden Lane LLC (9)               28,439   -      541   +    2,287       28,443
  Net portfolio holdings of Maiden Lane II LLC (10)           15,820   +        5   +    1,169       15,824
  Net portfolio holdings of Maiden Lane III LLC (11)          23,022   +       20   +    2,476       23,030
  Net portfolio holdings of TALF LLC (12)                        583   +        8   +      583          601
  Preferred interests in AIA Aurora LLC and ALICO
     Holdings LLC (13)                                        25,733            0   +   25,733       25,733
  Float                                                       -1,651   +      196   +      104       -1,774
  Central bank liquidity swaps (14)                               61            0   -   59,060           61
  Other Federal Reserve assets (15)                           94,578   +      145   +    9,431       95,740
Gold stock                                                    11,041            0            0       11,041
Special drawing rights certificate account                     5,200            0   +      429        5,200
Treasury currency outstanding (16)                            43,364   +       14   +      805       43,364

Total factors supplying reserve funds                      2,346,123   -    2,754   +  155,112    2,349,608
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

 
1. Factors Affecting Reserve Balances of Depository Institutions (continued)
Millions of dollars
Reserve Bank credit, related items, and                         Averages of daily figures         Wednesday  
reserve balances of depository institutions at             Week ended   Change from week ended   Sep 22, 2010
Federal Reserve Banks                                     Sep 22, 2010 Sep 15, 2010 Sep 23, 2009
 
Currency in circulation (16)                                 951,067   -    1,136   +   39,002      951,655
Reverse repurchase agreements (17)                            61,924   +    1,516   -    7,112       60,102
  Foreign official and international accounts                 61,924   +    1,516   -    7,112       60,102
  Dealers                                                          0            0            0            0
Treasury cash holdings                                           244   +        2   -       35          229
Deposits with F.R. Banks, other than reserve balances        285,067   +   48,374   +   25,136      285,344
  Term deposits held by depository institutions                2,119            0   +    2,119        2,119
  U.S. Treasury, general account                              77,377   +   55,036   +   24,076       77,496
  U.S. Treasury, supplementary financing account             199,960            0   +       28      199,960
  Foreign official                                             2,778   +      379   +      327        2,939
  Service-related                                              2,427   -        3   -    1,431        2,427
    Required clearing balances                                 2,427   -        3   -    1,431        2,427
    Adjustments to compensate for float                            0            0            0            0
  Other                                                          406   -    7,038   +       17          403
Other liabilities and capital (18)                            72,378   +       16   +   12,085       72,206

Total factors, other than reserve balances,
   absorbing reserve funds                                 1,370,680   +   48,772   +   69,076    1,369,535

Reserve balances with Federal Reserve Banks                  975,442   -   51,527   +   86,035      980,073
 
Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight and term securities lending facilities; refer to
   table 1A.
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. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the
   remaining principal balance of the underlying mortgages.
5. Cash value of agreements.
6. Includes outstanding principal and capitalized interest net of unamortized deferred commitment fees and
   allowance for loan restructuring. Excludes credit extended to consolidated LLCs.
7. Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the Term
   Asset-Backed Securities Loan Facility.
8. Includes the book value of the commercial paper, net of amortized costs and related fees, and other
   investments held by the Commercial Paper Funding Facility LLC.
9.  Refer to table 4 and the note on consolidation accompanying table 10.
10. Refer to table 5 and the note on consolidation accompanying table 10.
11. Refer to table 6 and the note on consolidation accompanying table 10.
12. Refer to table 7 and the note on consolidation accompanying table 10.
13. Refer to table 8.
14. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when
    the foreign currency is returned to the foreign central bank. This exchange rate equals the market
    exchange rate used when the foreign currency was acquired from the foreign central bank.
15. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange
    rates, accrued dividends on the Federal Reserve Bank of New York's (FRBNY) preferred interests in AIA
    Aurora LLC and ALICO Holdings LLC, and the fair value adjustment to credit extended by the FRBNY to
    eligible borrowers through the Term Asset-Backed Securities Loan Facility.
16. Estimated.
17. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt
    securities, and mortgage-backed securities.
18. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to
    entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only
    to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation
    accompanying table 10.

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.

 
1A. Memorandum Items
Millions of dollars
                                                                Averages of daily figures         Wednesday  
                                                           Week ended   Change from week ended   Sep 22, 2010
Memorandum item                                           Sep 22, 2010 Sep 15, 2010 Sep 23, 2009
 
Marketable securities held in custody for foreign
   official and international accounts (1)                 3,213,407   +    3,685   +  359,050    3,228,568
  U.S. Treasury securities                                 2,463,310   +   49,657   +  379,591    2,479,582
  Federal agency securities (2)                              750,097   -   45,972   -   20,541      748,986
Securities lent to dealers                                     6,658   -      559   -    4,846        8,251
  Overnight facility (3)                                       6,658   -      559   -    4,846        8,251
    U.S. Treasury securities                                   5,188   -      680   -    6,101        6,892
    Federal agency debt securities                             1,470   +      121   +    1,255        1,359
  Term facility (4)                                                0            0            0            0
 
Note: Components may not sum to totals because of rounding.

1. Face value of the securities. Includes U.S. Treasury STRIPS, other zero-coupon bonds, and mortgage-backed
   securities at face value.
2. Includes debt and mortgage-backed securities.
3. Fully collateralized by U.S. Treasury securities.
4. U.S. Treasury securities only. Fully collateralized by U.S. Treasury securities, federal agency
   securities, and other highly rated debt securities.

 
2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, September 22, 2010
Millions of dollars
                                       Within 15    16 days to   91 days to  Over 1 year  Over 5 years    Over 10        All     
Remaining maturity                        days       90 days       1 year     to 5 years   to 10 years     years    
 
Other loans (1)                               84           10            0       51,168            0           ...       51,262
U.S. Treasury securities (2)
  Holdings                                19,155       12,087       51,827      350,208      231,228       140,602      805,107
  Weekly changes                      +    3,867   -    2,907   -      960   +    4,915   +    5,545    +        1   +   10,461
Federal agency debt securities (3)
  Holdings                                     0        6,645       39,192       73,175       32,746         2,347      154,105
  Weekly changes                      -      414   +      718   +      643   -    1,361            0             0   -      414
Mortgage-backed securities (4)
  Holdings                                     0            0            0           29           21     1,091,823    1,091,873
  Weekly changes                               0            0            0            0            0    -      361   -      361
Asset-backed securities held by
   TALF LLC (5)                                0            0            0            0            0             0            0
Repurchase agreements (6)                      0            0          ...          ...          ...           ...            0
Central bank liquidity swaps (7)              61            0            0            0            0             0           61

Reverse repurchase agreements (6)         60,102            0          ...          ...          ...           ...       60,102
Term deposits                              2,119            0            0          ...          ...           ...        2,119
 
Note: Components may not sum to totals because of rounding.
. . . Not applicable.

1. Excludes the loans from the Federal Reserve Bank of New York (FRBNY) to Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III
   LLC, and TALF LLC. The loans were eliminated when preparing the FRBNY's statement of condition consistent with consolidation
   under generally accepted accounting principles.
2. Face value. For inflation-indexed securities, includes the original face value and compensation that adjusts for the effect of
   inflation on the original face value of such securities.
3. Face value.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal
   balance of the underlying mortgages.
5. Face value of asset-backed securities held by TALF LLC, which is the remaining principal balance of the underlying assets.
6. Cash value of agreements.
7. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency
   is returned to the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was
   acquired from the foreign central bank.

 
3. Supplemental Information on Mortgage-Backed Securities Purchase Program
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Sep 22, 2010 
 
Mortgage-backed securities held outright (1)                                                                           1,091,873

Commitments to buy mortgage-backed securities (2)                                                                              0
Commitments to sell mortgage-backed securities (2)                                                                             0

Cash and cash equivalents (3)                                                                                                  2
 
1. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal
   balance of the underlying mortgages.
2. Current face value. Generally settle within 180 days and include commitments associated with outright transactions, dollar rolls,
   and coupon swaps.
3. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 9 and table 10.

 
4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Sep 22, 2010 
 
Net portfolio holdings of Maiden Lane LLC (1)                                                                             28,443

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                 27,639
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         562
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)                              1,296
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
   be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of
        June 30, 2010. Any assets purchased after this valuation date are initially recorded at cost until their estimated fair
   value as of the purchase date becomes available.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent
   with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 10.
3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities
   and accrued dividends in table 9 and table 10.

Note: On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC under the authority of
section 13(3) of the Federal Reserve Act. This limited liability company was formed to acquire certain assets of Bear Stearns and to
manage those assets through time to maximize repayment of the credit extended and to minimize disruption to financial markets.
Payments by Maiden Lane LLC from the proceeds of the net portfolio holdings will be made in the following order: operating expenses
of the LLC, principal due to the FRBNY, interest due to the FRBNY, principal due to JPMorgan Chase & Co., and interest due to
JPMorgan Chase & Co. Any remaining funds will be paid to the FRBNY.

 
5. Information on Principal Accounts of Maiden Lane II LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Sep 22, 2010 
 
Net portfolio holdings of Maiden Lane II LLC (1)                                                                          15,824

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                 13,656
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         404
Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc. (3)                    1,062
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
   be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of
        June 30, 2010. Any assets purchased after this valuation date are initially recorded at cost until their estimated fair
   value as of the purchase date becomes available.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent
   with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 10.
3. Book value. The deferred payment represents the portion of the proceeds of the net portfolio holdings due to subsidiaries of
   American International Group, Inc. in accordance with the asset purchase agreement. The fair value of this payment and accrued
   interest payable are included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in table
   9 and table 10.

Note: On December 12, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane II LLC under the
authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase residential
mortgage-backed securities from the U.S. securities lending reinvestment portfolio of subsidiaries of American International Group,
Inc. (AIG subsidiaries). Payments by Maiden Lane II LLC from the proceeds of the net portfolio holdings will be made in the
following order: operating expenses of Maiden Lane II LLC, principal due to the FRBNY, interest due to the FRBNY, and deferred
payment and interest due to AIG subsidiaries. Any remaining funds will be shared by the FRBNY and AIG subsidiaries.

 
6. Information on Principal Accounts of Maiden Lane III LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Sep 22, 2010 
 
Net portfolio holdings of Maiden Lane III LLC (1)                                                                         23,030

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                 14,638
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         496
Outstanding principal amount and accrued interest on loan payable to American International Group, Inc. (3)                5,318
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
   be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of
        June 30, 2010. Any assets purchased after this valuation date are initially recorded at cost until their estimated fair
   value as of the purchase date becomes available.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent
   with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 10.
3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities
   and accrued dividends in table 9 and table 10.

Note: On November 25, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane III LLC under the
authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase multi-sector
collateralized debt obligations (CDOs) on which the Financial Products group of American International Group, Inc. (AIG) has written
credit default swap (CDS) contracts. In connection with the purchase of CDOs, the CDS counterparties will concurrently unwind the
related CDS transactions. Payments by Maiden Lane III LLC from the proceeds of the net portfolio holdings will be made in the
following order: operating expenses of Maiden Lane III LLC, principal due to the FRBNY, interest due to the FRBNY, principal due to
AIG, and interest due to AIG. Any remaining funds will be shared by the FRBNY and AIG.

 
7. Information on Principal Accounts of TALF LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Sep 22, 2010 
 
Asset-backed securities holdings (1)                                                                                           0
Other investments, net                                                                                                       601
Net portfolio holdings of TALF LLC                                                                                           601

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                      0
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                           0
Funding provided by U.S. Treasury to TALF LLC, including accrued interest payable (3)                                        105
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
   be conducted in an orderly market on the measurement date.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent
   with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 10.
3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities
   and accrued dividends in table 9 and table 10.

Note: On November 25, 2008, the Federal Reserve announced the creation of the Term Asset-Backed Securities Loan Facility (TALF)
under the authority of section 13(3) of the Federal Reserve Act. The TALF is a facility under which the Federal Reserve Bank of New
York (FRBNY) extends loans with a term of up to five years to holders of eligible asset-backed securities. The TALF is intended to
assist financial markets in accommodating the credit needs of consumers and businesses by facilitating the issuance of asset-backed
securities collateralized by a variety of consumer and business loans. The loans provided through the TALF to eligible borrowers are
non-recourse, meaning that the obligation of the borrower can be discharged by surrendering the collateral to the FRBNY. The loans
are extended for the market value of the security less an amount known as a haircut. As a result, the borrower bears the initial
risk of a decline in the value of the security.

TALF LLC is a limited liability company formed to purchase and manage any asset-backed securities received by the FRBNY in
connection with the decision of a borrower not to repay a TALF loan. TALF LLC has committed, for a fee, to purchase all asset-backed
securities received by the FRBNY in conjunction with a TALF loan at a price equal to the TALF loan plus accrued but unpaid interest.
Losses on asset-backed securities held by TALF LLC will be offset in the following order: by the commitment fees collected by TALF
LLC, by the interest received on investments of TALF LLC, by up to $4.3 billion in subordinated debt funding provided by the U.S.
Treasury, and finally, by senior debt funding provided by the FRBNY. Payments by TALF LLC from the proceeds of its net portfolio
holdings will be made in the following order: operating expenses of TALF LLC, principal due to the FRBNY, principal due to the U.S.
Treasury, interest due to the FRBNY, and interest due to the U.S. Treasury. Any remaining funds will be shared by the FRBNY and the
U.S. Treasury.

 
8. Supplemental Information on the Federal Reserve Bank of New York's Preferred Interests in
AIA Aurora LLC and ALICO Holdings LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Sep 22, 2010 
 
Preferred interests in AIA Aurora LLC and ALICO Holdings LLC (1)                                                          25,733
Accrued dividends on preferred interests in AIA Aurora LLC and ALICO Holdings LLC (2)                                        296

Preferred interests in AIA Aurora LLC (1)                                                                                 16,469
Accrued dividends on preferred interests in AIA Aurora LLC (2)                                                               190

Preferred interests in ALICO Holdings LLC (1)                                                                              9,264
Accrued dividends on preferred interests in ALICO Holdings LLC (2)                                                           107
 
Note: Components may not sum to totals because of rounding.

1. Book value.
2. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 9 and table 10.

Note on preferred interests:

In conjunction with the restructuring of the government's assistance to American International Group, Inc. (AIG) announced March 2,
2009, the outstanding balance and amount available of revolving credit provided to AIG by the FRBNY has been reduced in exchange for
preferred interests in two special purpose vehicles, AIA Aurora LLC and ALICO Holdings LLC. These two limited liability companies
were created to directly or indirectly hold all of the outstanding common stock of American International Assurance Company Ltd.
(AIA) and American Life Insurance Company (ALICO), two life insurance subsidiaries of AIG. AIG will retain control of AIA Aurora LLC
and ALICO Holdings LLC, and the FRBNY will have certain consent, disposition, and conversion rights with respect to its preferred
interests.

Dividends accrue as a percentage of the FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC. On a quarterly basis,
the accrued dividends are capitalized and added to the FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC.

 
9. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
                                                       Eliminations from  Wednesday         Change since       
                                                        consolidation   Sep 22, 2010   Wednesday    Wednesday  
Assets, liabilities, and capital                                                      Sep 15, 2010 Sep 23, 2009
 
Assets
  Gold certificate account                                                  11,037             0            0
  Special drawing rights certificate account                                 5,200             0            0
  Coin                                                                       2,107    +       21   +      146
  Securities, repurchase agreements, term auction
     credit, and other loans                                             2,102,347    +    8,351   +  207,912
    Securities held outright (1)                                         2,051,085    +    9,686   +  462,651
      U.S. Treasury securities                                             805,107    +   10,461   +   39,474
        Bills (2)                                                           18,423             0            0
        Notes and bonds, nominal (2)                                       739,482    +   10,459   +   42,559
        Notes and bonds, inflation-indexed (2)                              41,768             0   -    2,820
        Inflation compensation (3)                                           5,434    +        2   -      265
      Federal agency debt securities (2)                                   154,105    -      414   +   24,899
      Mortgage-backed securities (4)                                     1,091,873    -      361   +  398,278
    Repurchase agreements (5)                                                    0             0            0
    Term auction credit                                                          0             0   -  196,020
    Other loans                                                             51,262    -    1,336   -   58,719
  Net portfolio holdings of Commercial Paper
     Funding Facility LLC (6)                                                    0             0   -   42,438
  Net portfolio holdings of Maiden Lane LLC (7)                             28,443    +        5   +    2,254
  Net portfolio holdings of Maiden Lane II LLC (8)                          15,824    +        4   +    1,162
  Net portfolio holdings of Maiden Lane III LLC (9)                         23,030    +        9   +    2,476
  Net portfolio holdings of TALF LLC (10)                                      601    +       26   +      601
  Preferred interests in AIA Aurora LLC and ALICO
     Holdings LLC (11)                                                      25,733             0   +   25,733
  Items in process of collection                             (94)              293    -        8   -      327
  Bank premises                                                              2,227    +        1   +        4
  Central bank liquidity swaps (12)                                             61             0   -   59,060
  Other assets (13)                                                         93,506    +    2,651   +   10,184

Total assets                                                 (94)        2,310,407    +   11,059   +  148,644
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

 
9. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
                                                       Eliminations from  Wednesday         Change since       
                                                        consolidation   Sep 22, 2010   Wednesday    Wednesday  
Assets, liabilities, and capital                                                      Sep 15, 2010 Sep 23, 2009
 
Liabilities
  Federal Reserve notes, net of F.R. Bank holdings                         910,623    -      634   +   38,305
  Reverse repurchase agreements (14)                                        60,102    +      178   -   10,701
  Deposits                                                    (0)        1,265,409    +   10,963   +  108,832
    Term deposits held by depository institutions                            2,119             0   +    2,119
    Other deposits held by depository institutions                         982,493    +   47,893   +   79,449
    U.S. Treasury, general account                                          77,496    -   37,072   +   26,589
    U.S. Treasury, supplementary financing account                         199,960             0   +       28
    Foreign official                                                         2,939    +      147   +      568
    Other                                                     (0)              403    -        4   +       82
  Deferred availability cash items                           (94)            2,067    -      201   -      468
  Other liabilities and accrued dividends (15)                              15,064    +      135   +    6,548

Total liabilities                                            (94)        2,253,265    +   10,441   +  142,516

Capital accounts
  Capital paid in                                                           26,686    +       13   +    1,808
  Surplus                                                                   25,868    +        5   +    4,504
  Other capital accounts                                                     4,587    +      599   -      184

Total capital                                                               57,142    +      618   +    6,128
 
Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight and term securities lending facilities; refer to
   table 1A.
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. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the
   remaining principal balance of the underlying mortgages.
5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
6. Includes the book value of the commercial paper, net of amortized costs and related fees, and other
   investments held by the Commercial Paper Funding Facility LLC.
7. Refer to table 4 and the note on consolidation accompanying table 10.
8. Refer to table 5 and the note on consolidation accompanying table 10.
9.  Refer to table 6 and the note on consolidation accompanying table 10.
10. Refer to table 7 and the note on consolidation accompanying table 10.
11. Refer to table 8.
12. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when
    the foreign currency is returned to the foreign central bank. This exchange rate equals the market exchange
    rate used when the foreign currency was acquired from the foreign central bank.
13. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates,
    accrued dividends on the Federal Reserve Bank of New York's (FRBNY) preferred interests in AIA Aurora LLC
    and ALICO Holdings LLC, and the fair value adjustment to credit extended by the FRBNY to eligible borrowers
    through the Term Asset-Backed Securities Loan Facility.
14. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt
    securities, and mortgage-backed securities.
15. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to 
    entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only to
    the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation
    accompanying table 10.


 
10. Statement of Condition of Each Federal Reserve Bank, September 22, 2010
Millions of dollars
                                               Total      Boston     New York   Philadelphia Cleveland   Richmond     Atlanta     Chicago    St. Louis  Minneapolis   Kansas      Dallas        San    
Assets, liabilities, and capital                                                                                                                                       City                  Francisco 
 
Assets
  Gold certificate account                      11,037         369       4,038         404         463         846       1,385         887         324         203         296         652       1,170
  Special drawing rights certificate acct.       5,200         196       1,818         210         237         412         654         424         150          90         153         282         574
  Coin                                           2,107          63          69         170         155         309         203         321          32          59         151         221         352
  Securities, repurchase agreements,
     term auction credit, and other
     loans                                   2,102,347      51,906     888,120      47,903      69,687     233,596     194,099     154,631      52,860      28,100      70,371      86,138     224,935
    Securities held outright (1)             2,051,085      51,906     836,951      47,899      69,687     233,596     194,089     154,624      52,832      28,079      70,361      86,126     224,935
      U.S. Treasury securities                 805,107      20,375     328,526      18,802      27,354      91,693      76,185      60,694      20,738      11,022      27,618      33,807      88,293
        Bills (2)                               18,423         466       7,517         430         626       2,098       1,743       1,389         475         252         632         774       2,020
        Notes and bonds (3)                    786,685      19,908     321,009      18,371      26,728      89,595      74,442      59,305      20,264      10,770      26,986      33,033      86,273
      Federal agency debt securities (2)       154,105       3,900      62,883       3,599       5,236      17,551      14,583      11,617       3,969       2,110       5,286       6,471      16,900
      Mortgage-backed securities (4)         1,091,873      27,632     445,542      25,498      37,097     124,353     103,321      82,312      28,125      14,948      37,456      45,848     119,741
    Repurchase agreements (5)                        0           0           0           0           0           0           0           0           0           0           0           0           0
    Term auction credit                              0           0           0           0           0           0           0           0           0           0           0           0           0
    Other loans                                 51,262           0      51,169           5           0           0          10           7          27          21          11          12           1
  Net portfolio holdings of Commercial
     Paper Funding Facility LLC (6)                  0           0           0           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane LLC (7)                               28,443           0      28,443           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane II LLC (8)                            15,824           0      15,824           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane III LLC (9)                           23,030           0      23,030           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (10)          601           0         601           0           0           0           0           0           0           0           0           0           0
  Preferred interests in AIA Aurora LLC
     and ALICO Holdings LLC (11)                25,733           0      25,733           0           0           0           0           0           0           0           0           0           0
  Items in process of collection                   387          16           0          37         106          10          42          34          15          13          56          32          27
  Bank premises                                  2,227         125         256          69         142         239         218         210         135         108         265         247         212
  Central bank liquidity swaps (12)                 61           2          18           7           5          17           4           1           1           2           0           1           4
  Other assets (13)                             93,506       2,671      35,375       4,388       4,197      14,846       7,939       5,663       1,988       1,660       2,524       3,197       9,059
  Interdistrict settlement account                   0   +   6,476   + 118,838   +  24,821   -  20,360   -     601   -  47,882   -  38,179   -  14,612   +  10,792   -  18,303   -   3,801   -  17,189

Total assets                                 2,310,501      61,825   1,142,162      78,009      54,633     249,674     156,662     123,992      40,893      41,026      55,514      86,969     219,144
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

 
10. Statement of Condition of Each Federal Reserve Bank, September 22, 2010 (continued)
Millions of dollars
                                               Total      Boston     New York   Philadelphia Cleveland   Richmond     Atlanta     Chicago    St. Louis  Minneapolis   Kansas      Dallas        San    
Assets, liabilities, and capital                                                                                                                                       City                  Francisco 
 
Liabilities
  Federal Reserve notes outstanding          1,135,144      40,877     390,167      45,846      46,225      89,690     144,484      87,865      33,024      20,240      33,876      76,905     125,944
    Less: Notes held by F.R. Banks             224,520       4,265      92,958       5,402       9,393      14,773      29,729      13,485       4,604       6,127       3,447      12,631      27,708
      Federal Reserve notes, net               910,623      36,612     297,209      40,444      36,831      74,917     114,756      74,381      28,420      14,114      30,429      64,274      98,236
  Reverse repurchase agreements (14)            60,102       1,521      24,525       1,404       2,042       6,845       5,687       4,531       1,548         823       2,062       2,524       6,591
  Deposits                                   1,265,409      21,499     793,028      29,953      11,050     154,182      32,257      43,029      10,180      23,989      22,236      18,940     105,064
    Term deposits held by depository
       institutions                              2,119          27         886           0          15          96         161         506           0           6          34          62         327
    Other deposits held by depository
       institutions                            982,493      21,440     511,514      29,949      11,031     154,006      32,094      42,508      10,170      23,982      22,201      18,877     104,721
    U.S. Treasury, general account              77,496           0      77,496           0           0           0           0           0           0           0           0           0           0
    U.S. Treasury, supplementary
       financing account                       199,960           0     199,960           0           0           0           0           0           0           0           0           0           0
    Foreign official                             2,939           1       2,911           4           3          11           2           1           0           1           0           1           3
    Other                                          403          31         261           0           1          69           0          14          10           0           1           0          14
  Deferred availability cash items               2,162          74           0         227         515         101         132         166          58         311         116          93         370
  Other liabilities and accrued
     dividends (15)                             15,064         200      11,299         232         258         747         529         431         190         144         194         269         571

Total liabilities                            2,253,360      59,907   1,126,061      72,260      50,696     236,792     153,360     122,538      40,396      39,381      55,037      86,100     210,832

Capital
  Capital paid in                               26,686         916       7,666       2,831       1,924       5,435       1,551         668         215         806         211         399       4,063
  Surplus                                       25,868         946       7,664       2,804       1,911       7,141       1,581         621         239         712         210         353       1,688
  Other capital                                  4,587          56         771         114         102         306         170         166          42         127          56         116       2,560

Total liabilities and capital                2,310,501      61,825   1,142,162      78,009      54,633     249,674     156,662     123,992      40,893      41,026      55,514      86,969     219,144
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

10. Statement of Condition of Each Federal Reserve Bank, September 22, 2010 (continued)
1. Includes securities lent to dealers under the overnight and term securities lending facilities; refer to table 1A.
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. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the underlying mortgages.
5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
6. Includes the book value of the commercial paper, net of amortized costs and related fees, and other investments held by the Commercial Paper Funding Facility LLC.
7. Refer to table 4 and the note on consolidation below.
8. Refer to table 5 and the note on consolidation below.
9.  Refer to table 6 and the note on consolidation below.
10. Refer to table 7 and the note on consolidation below.
11. Refer to table 8.
12. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals
    the market exchange rate used when the foreign currency was acquired from the foreign central bank.
13. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates, accrued dividends on the Federal Reserve Bank of New York's (FRBNY) preferred interests
    in AIA Aurora LLC and ALICO Holdings LLC, and the fair value adjustment to credit extended by the FRBNY to eligible borrowers through the Term Asset-Backed Securities Loan Facility.
14. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.
15. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to entities other than the Federal Reserve Bank of New York, including liabilities that have
    recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation below.


Note on consolidation:

The Federal Reserve Bank of New York (FRBNY) has extended loans to several limited liability companies under the authority of section 13(3) of the Federal Reserve Act. On June 26, 2008, a loan was
extended to Maiden Lane LLC, which was formed to acquire certain assets of Bear Stearns. On November 25, 2008, a loan was extended to Maiden Lane III LLC, which was formed to purchase multi-sector
collateralized debt obligations on which the Financial Products group of the American International Group, Inc. has written credit default swap contracts. On December 12, 2008, a loan was extended to
Maiden Lane II LLC, which was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment portfolio of subsidiaries of American International Group, Inc.
On November 25, 2008, the Federal Reserve Board authorized the FRBNY to extend credit to TALF LLC, which was formed to purchase and manage any asset-backed securities received by the FRBNY in
connection with the decision of a borrower not to repay a loan extended under the Term Asset-Backed Securities Loan Facility.

The FRBNY is the primary beneficiary of TALF LLC, because of the two beneficiaries of the LLC, the FRBNY and the U.S. Treasury, the FRBNY is primarily responsible for directing the financial
activities of TALF LLC. The FRBNY is the primary beneficiary of the other LLCs cited above because it will receive a majority of any residual returns of the LLCs and absorb a majority of any residual
losses of the LLCs. Consistent with generally accepted accounting principles, the assets and liabilities of these LLCs have been consolidated with the assets and liabilities of the FRBNY in the
preparation of the statements of condition shown on this release. As a consequence of the consolidation, the extensions of credit from the FRBNY to the LLCs are eliminated, the net assets of the LLCs
appear as assets on the previous page (and in table 1 and table 9), and the liabilities of the LLCs to entities other than the FRBNY, including those with recourse only to the portfolio holdings of
the LLCs, are included in other liabilities in this table (and table 1 and table 9).

 
11. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
                                                                                            Wednesday   
Federal Reserve notes and collateral                                                       Sep 22, 2010 
 
Federal Reserve notes outstanding                                                          1,135,144
  Less: Notes held by F.R. Banks not subject to collateralization                            224,520
    Federal Reserve notes to be collateralized                                               910,623
Collateral held against Federal Reserve notes                                                910,623
  Gold certificate account                                                                    11,037
  Special drawing rights certificate account                                                   5,200
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   894,386
  Other assets pledged                                                                             0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                     2,051,085
  Less: Face value of securities under reverse repurchase agreements                          58,420
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged      1,992,665
 
Note: Components may not sum to totals because of rounding.

1. Includes face value of U.S. Treasury, agency debt, and mortgage-backed 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.
2. Includes securities lent to dealers under the overnight and term securities lending facilities; refer
   to table 1A.