FEDERAL RESERVE statistical release

For release at

4:30 P.M. EDT

April 26, 2012

The weekly average values, shown in table 1, reflect the March 31, 2012, quarterly updates to the fair

values of the net portfolio holdings of Maiden Lane LLC, Maiden Lane II LLC, and Maiden Lane

III LLC, and the fair value adjustment of the Term Asset-Backed Securities Loan Facility, or TALF,

which is included in "Other Federal Reserve assets." The amounts for the first six days of this 

reporting week are based on the values as of December 31, 2011, and the amounts for the last day of 

the reporting week are based on the values as of March 31, 2012.
FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and

Condition Statement of Federal Reserve Banks April 26, 2012

1. Factors Affecting Reserve Balances of Depository Institutions

Millions of dollars

Averages of daily figures Wednesday

Apr 25, 2012 Week ended

Apr 25, 2012

Change from week ended

Apr 18, 2012 Apr 27, 2011

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Reserve Bank credit 2,860,435 - 5,495 + 188,601 2,849,380

Securities held outright1 2,622,690 - 7,647 + 157,761 2,610,134

U.S. Treasury securities 1,667,044 - 7,958 + 260,490 1,667,766

Bills2 18,423 0 0 18,423

Notes and bonds, nominal2 1,572,232 - 7,065 + 249,077 1,572,925

Notes and bonds, inflation-indexed2 67,236 - 867 + 9,171 67,236

Inflation compensation3 9,154 - 25 + 2,242 9,183

Federal agency debt securities2 94,661 - 722 - 33,149 94,571

Mortgage-backed securities4 860,985 + 1,033 - 69,580 847,796

Repurchase agreements5 0 0 0 0

Loans 6,626 - 335 - 10,581 6,575

Primary credit 8 + 2 - 1 11

Secondary credit 0 0 0 0

Seasonal credit 11 + 3 - 1 12

Term Asset-Backed Securities Loan Facility6 6,608 - 339 - 10,578 6,553

Other credit extensions 0 0 0 0

Net portfolio holdings of Maiden Lane LLC7 4,058 - 177 - 20,318 4,170

Net portfolio holdings of Maiden Lane II LLC8 19 0 - 15,949 19

Net portfolio holdings of Maiden Lane III LLC9 17,655 + 324 - 5,602 19,805

Net portfolio holdings of TALF LLC10 835 + 4 + 102 836

Float -606 + 243 + 356 -804

Central bank liquidity swaps11 31,971 - 400 + 31,971 31,971

Other Federal Reserve assets12 177,186 + 2,492 + 50,862 176,674

Gold stock 11,041 0 0 11,041

Special drawing rights certificate account 5,200 0 0 5,200

Treasury currency outstanding13 44,401 + 14 + 552 44,401

Total factors supplying reserve funds 2,921,077 - 5,481 + 189,153 2,910,023

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1

1. Factors Affecting Reserve Balances of Depository Institutions (continued)

Millions of dollars

Averages of daily figures Wednesday

Apr 25, 2012 Week ended

Apr 25, 2012

Change from week ended

Apr 18, 2012 Apr 27, 2011

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Currency in circulation13 1,099,273 - 887 + 88,031 1,100,340

Reverse repurchase agreements14 89,365 - 1,476 + 32,554 92,447

Foreign official and international accounts 89,365 - 1,476 + 32,554 92,447

Others 0 0 0 0

Treasury cash holdings 141 + 2 - 47 140

Deposits with F.R. Banks, other than reserve balances 117,961 + 22,061 - 494 116,639

Term deposits held by depository institutions 0 - 3,057 - 5,081 0

U.S. Treasury, General Account 78,498 + 25,071 - 25,654 102,592

U.S. Treasury, Supplementary Financing Account 0 0 - 5,000 0

Foreign official 130 - 33 - 7 128

Service-related 1,929 - 1 - 617 1,929

Required clearing balances 1,929 - 1 - 617 1,929

Adjustments to compensate for float 0 0 0 0

Other 37,404 + 81 + 35,865 11,990

Other liabilities and capital15 74,997 - 1,345 + 1,269 76,086

Total factors, other than reserve balances,

absorbing reserve funds 1,381,737 + 18,355 + 121,314 1,385,652

Reserve balances with Federal Reserve Banks 1,539,340 - 23,836 + 67,839 1,524,371

Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight securities lending facility; 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 credit extended by the Federal Reserve Bank of New York to eligible borrowers through the Term Asset-Backed Securities Loan Facility.

7. Refer to table 4 and the note on consolidation accompanying table 9.

8. Refer to table 5 and the note on consolidation accompanying table 9.

9. Refer to table 6 and the note on consolidation accompanying table 9.

10.Refer to table 7 and the note on consolidation accompanying table 9.

11.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.

12.Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates, and the fair value adjustment

to credit extended by the FRBNY to eligible borrowers through the Term Asset-Backed Securities Loan Facility.

13.Estimated.

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 9. Also includes the liability for interest on Federal Reserve notes due to U.S. Treasury. Refer to table 8

and table 9.

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.
H.4.1

1A. Memorandum Items

Millions of dollars

Averages of daily figures Wednesday

Apr 25, 2012 Week ended

Apr 25, 2012

Change from week ended

Apr 18, 2012 Apr 27, 2011

Memorandum item

Marketable securities held in custody for foreign

official and international accounts1 3,482,371 - 8,986 + 46,722 3,489,459

U.S. Treasury securities 2,765,981 - 4,443 + 90,796 2,772,244

Federal agency securities2 716,390 - 4,543 - 44,074 717,215

Securities lent to dealers 13,557 - 645 + 3,454 13,949

Overnight facility3 13,557 - 645 + 3,454 13,949

U.S. Treasury securities 12,797 - 588 + 3,491 13,291

Federal agency debt securities 759 - 58 - 38 658

Note: Components may not sum to totals because of rounding.

1. Face value of the securities. Includes U.S. Treasury STRIPS and other zero-coupon bonds at face value and mortgage-backed securities at original

face value.

2. Includes debt and mortgage-backed securities.

3. Fully collateralized by U.S. Treasury securities.

2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, April 25, 2012

Millions of dollars

Within 15

days

16 days to

90 days

91 days to

1 year

Over 1 year

to 5 years

Over 5 years

to 10 years

Over 10

years

Remaining maturity All

Loans1 20 711 3,849 1,995 0 ... 6,575

U.S. Treasury securities2

Holdings 15,227 16,654 49,600 549,453 739,042 297,790 1,667,766

Weekly changes - 2,504 + 2,504 0 - 17,249 + 9,327 + 3,547 - 4,375

Federal agency debt securities3

Holdings 0 3,542 18,976 60,224 9,482 2,347 94,571

Weekly changes - 629 0 0 0 0 0 - 629

Mortgage-backed securities4

Holdings 0 0 2 8 99 847,687 847,796

Weekly changes 0 0 0 - 1 - 2 - 7,562 - 7,565

Asset-backed securities held by

TALF LLC5 0 0 0 0 0 0 0

Repurchase agreements6 0 0 ... ... ... ... 0

Central bank liquidity swaps7 11,046 20,925 0 0 0 0 31,971

Reverse repurchase agreements6 92,447 0 ... ... ... ... 92,447

Term deposits 0 0 0 ... ... ... 0

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.
H.4.1

3. Supplemental Information on Mortgage-Backed Securities

Millions of dollars

Wednesday

Apr 25, 2012 Account name

Mortgage-backed securities held outright1 847,796

Commitments to buy mortgage-backed securities2 32,073

Commitments to sell mortgage-backed securities2 0

Cash and cash equivalents3 71

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 8 and table 9.

4. Information on Principal Accounts of Maiden Lane LLC

Millions of dollars

Wednesday

Apr 25, 2012 Account name

Net portfolio holdings of Maiden Lane LLC1 4,170

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 707

Accrued interest payable to the Federal Reserve Bank of New York2 764

Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co.3 1,408

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 March 31, 2012. 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 9.

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 8 and table 9.

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

Apr 25, 2012 Account name

Net portfolio holdings of Maiden Lane II LLC1 19

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 0

Accrued interest payable to the Federal Reserve Bank of New York2 0

Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc.3 0

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 March 31, 2012. 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 9.

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 8 and table 9.

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.
H.4.1

6. Information on Principal Accounts of Maiden Lane III LLC

Millions of dollars

Wednesday

Apr 25, 2012 Account name

Net portfolio holdings of Maiden Lane III LLC1 19,805

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 7,972

Accrued interest payable to the Federal Reserve Bank of New York2 729

Outstanding principal amount and accrued interest on loan payable to American International Group, Inc.3 5,599

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 March 31, 2012. 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 9.

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 8 and table 9.

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

Apr 25, 2012 Account name

Asset-backed securities holdings1 0

Other investments, net 836

Net portfolio holdings of TALF LLC 836

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 0

Accrued interest payable to the Federal Reserve Bank of New York2 0

Funding provided by U.S. Treasury to TALF LLC, including accrued interest payable3 111

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 9.

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 8

and table 9.

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.
H.4.1

8. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Eliminations from

consolidation

Wednesday

Apr 25, 2012

Change since

Wednesday

Apr 18, 2012

Wednesday

Apr 27, 2011

Assets, liabilities, and capital

Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 5,200 0 0

Coin 2,233 - 8 + 16

Securities, repurchase agreements, and loans 2,616,709 - 12,942 + 133,237

Securities held outright1 2,610,134 - 12,568 + 143,460

U.S. Treasury securities 1,667,766 - 4,375 + 254,299

Bills2 18,423 0 0

Notes and bonds, nominal2 1,572,925 - 4,453 + 242,885

Notes and bonds, inflation-indexed2 67,236 0 + 9,171

Inflation compensation3 9,183 + 79 + 2,243

Federal agency debt securities2 94,571 - 629 - 31,615

Mortgage-backed securities4 847,796 - 7,565 - 79,225

Repurchase agreements5 0 0 0

Loans 6,575 - 374 - 10,223

Net portfolio holdings of Maiden Lane LLC6 4,170 + 131 - 20,593

Net portfolio holdings of Maiden Lane II LLC7 19 0 - 16,522

Net portfolio holdings of Maiden Lane III LLC8 19,805 + 2,508 - 4,758

Net portfolio holdings of TALF LLC9 836 + 5 + 103

Items in process of collection (113) 214 - 63 + 76

Bank premises 2,353 - 1 + 136

Central bank liquidity swaps10 31,971 - 400 + 31,971

Other assets11 174,341 + 1,822 + 50,077

Total assets (113) 2,868,889 - 8,946 + 173,745

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1

8. Consolidated Statement of Condition of All Federal Reserve Banks (continued)

Millions of dollars

Eliminations from

consolidation

Wednesday

Apr 25, 2012

Change since

Wednesday

Apr 18, 2012

Wednesday

Apr 27, 2011

Assets, liabilities, and capital

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 1,058,308 - 242 + 85,956

Reverse repurchase agreements12 92,447 + 1,079 + 35,416

Deposits (0) 1,641,029 - 12,246 + 51,950

Term deposits held by depository institutions 0 - 3,057 - 5,081

Other deposits held by depository institutions 1,526,319 + 11,019 + 74,131

U.S. Treasury, General Account 102,592 - 501 - 23,593

U.S. Treasury, Supplementary Financing Account 0 0 - 5,000

Foreign official 128 + 1 - 64

Other (0) 11,990 - 19,708 + 11,557

Deferred availability cash items (113) 1,018 - 127 - 591

Other liabilities and accrued dividends13 21,624 + 2,586 - 879

Total liabilities (113) 2,814,426 - 8,950 + 171,853

Capital accounts

Capital paid in 27,231 + 2 + 946

Surplus 27,231 + 2 + 946

Other capital accounts 0 0 0

Total capital 54,463 + 4 + 1,892

Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight securities lending facility; 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. Refer to table 4 and the note on consolidation accompanying table 9.

7. Refer to table 5 and the note on consolidation accompanying table 9.

8. Refer to table 6 and the note on consolidation accompanying table 9.

9. Refer to table 7 and the note on consolidation accompanying table 9.

10.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.

11.Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates and the fair value adjustment to

credit extended by the Federal Reserve Bank of New York (FRBNY) to eligible borrowers through the Term Asset-Backed Securities Loan Facility.

12.Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.

13.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 9. Also includes the liability for interest on Federal Reserve notes due to U.S. Treasury.
H.4.1

9. Statement of Condition of Each Federal Reserve Bank, April 25, 2012Millions of dollars

Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minn

Assets, liabilities, and capital

Assets

Gold certificate account 11,037 408 3,824 437 515 890 1,337 839 313 Special drawing rights certificate acct. 5,200 196 1,818 210 237 412 654 424 150 Coin 2,233 52 108 155 157 399 201 324 35 Securities, repurchase agreements,

and loans 2,616,709 63,397 1,469,936 86,285 66,361 185,767 157,379 144,805 40,808 

Securities held outright1 2,610,134 63,395 1,463,383 86,285 66,361 185,767 157,373 144,799 40,807 

U.S. Treasury securities 1,667,766 40,507 935,041 55,133 42,402 118,697 100,555 92,520 26,074 

Bills2 18,423 447 10,329 609 468 1,311 1,111 1,022 288 Notes and bonds3 1,649,344 40,059 924,712 54,524 41,934 117,386 99,444 91,498 25,786 

Federal agency debt securities2 94,571 2,297 53,022 3,126 2,404 6,731 5,702 5,246 1,479 

Mortgage-backed securities4 847,796 20,591 475,321 28,026 21,555 60,339 51,116 47,032 13,254 

Repurchase agreements5 0 0 0 0 0 0 0 0 0 Loans 6,575 2 6,553 0 0 0 6 6 2 

Net portfolio holdings of Maiden

Lane LLC6 4,170 0 4,170 0 0 0 0 0 0 

Net portfolio holdings of Maiden

Lane II LLC7 19 0 19 0 0 0 0 0 0 

Net portfolio holdings of Maiden

Lane III LLC8 19,805 0 19,805 0 0 0 0 0 0 

Net portfolio holdings of TALF LLC9 836 0 836 0 0 0 0 0 0 

Items in process of collection 327 11 0 85 68 5 53 13 4 Bank premises 2,353 122 446 66 124 230 212 203 133 Central bank liquidity swaps10 31,971 1,121 10,313 2,773 2,364 6,613 1,828 853 261 Other assets11 174,341 4,542 91,234 7,154 5,685 16,025 10,471 8,923 2,573 Interdistrict settlement account 0 + 3,477 - 316 + 10,421 + 285 - 8,721 + 726 - 516 + 2,210 + 

Total assets 2,869,002 73,326 1,602,193 107,588 75,795 201,619 172,860 155,868 46,488 

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1

9. Statement of Condition of Each Federal Reserve Bank, April 25, 2012 (continued)Millions of dollars

Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minn

Assets, liabilities, and capital

Liabilities

Federal Reserve notes outstanding 1,242,501 47,254 434,101 47,924 60,447 102,147 146,942 94,780 35,412 

Less: Notes held by F.R. Banks 184,194 4,655 66,331 5,736 7,858 11,880 26,970 12,605 4,343 

Federal Reserve notes, net 1,058,308 42,598 367,770 42,187 52,589 90,267 119,972 82,175 31,070 

Reverse repurchase agreements12 92,447 2,245 51,831 3,056 2,350 6,580 5,574 5,129 1,445 

Deposits 1,641,029 25,531 1,148,087 57,440 16,149 93,014 43,532 66,485 13,270 

Term deposits held by depository

institutions 0 0 0 0 0 0 0 0 0 

Other deposits held by depository

institutions 1,526,319 25,516 1,033,641 57,432 16,145 92,828 43,530 66,452 13,269 

U.S. Treasury, General Account 102,592 0 102,592 0 0 0 0 0 0 U.S. Treasury, Supplementary

Financing Account 0 0 0 0 0 0 0 0 0 

Foreign official 128 1 101 3 3 8 2 1 0 Other 11,990 14 11,753 5 1 177 0 32 0 

Deferred availability cash items 1,131 40 0 138 156 22 152 27 70 Interest on Federal Reserve notes due

to U.S. Treasury13 3,664 44 2,858 64 50 141 106 102 21 

Other liabilities and accrued

dividends14 17,959 222 14,290 288 269 680 468 407 171 

Total liabilities 2,814,539 70,682 1,584,836 103,173 71,564 190,704 169,803 154,326 46,047 Capital

Capital paid in 27,231 1,322 8,679 2,207 2,116 5,458 1,529 771 221 Surplus 27,231 1,322 8,679 2,207 2,116 5,458 1,529 771 221 Other capital 0 0 0 0 0 0 0 0 0 

Total liabilities and capital 2,869,002 73,326 1,602,193 107,588 75,795 201,619 172,860 155,868 46,488 

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1

9. Statement of Condition of Each Federal Reserve Bank, April 25, 2012 (continued)1. Includes securities lent to dealers under the overnight securities lending facility; 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 securitie4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the underlying mort5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.6. Refer to table 4 and the note on consolidation below.7. Refer to table 5 and the note on consolidation below.8. Refer to table 6 and the note on consolidation below.9. Refer to table 7 and the note on consolidation below.10.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 centr

equals the market exchange rate used when the foreign currency was acquired from the foreign central bank.

11.Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates and the fair value adjustment to credit extended by 

of New York (FRBNY) to eligible	borrowers through the Term Asset-Backed Securities Loan Facility.

12.Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.13.Represents the estimated weekly remittances to U.S Treasury as interest on Federal Reserve notes or, in those cases where the Reserve Bank’s net earnings 

to capital paid-in, the deferred asset for interest on Federal Reserve notes. The amount of any deferred asset, which is presented as a negative amount in this Federal Reserve Bank’s earnings that must be retained before remittances to the U.S. Treasury resume. The amounts on this line are calculated in accordance which requires the Federal Reserve Banks to remit residual earnings to the U.S. Treasury as interest on Federal Reserve notes after providing for the costs of and the amount necessary to equate surplus with capital paid-in.

14.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 Y

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 Resewas 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 multi-sector collateralized debt obligations on which the Financial Products group of the American International Group, Inc. has written credit default swap contractwas extended to Maiden Lane II LLC, which was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment portfolio 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 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 FacilitThe 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 respoTALF 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 Consistent with generally accepted accounting principles, the assets and liabilities of these LLCs have been consolidated with the assets and liabilities of the FRBNcondition 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 (and in table 1 and table 8), and the liabilities of the LLCs to entities other than the FRBNY, including those with recourse only to the portfolio holdings of the LLCsin this table (and table 1 and table 8).
H.4.1

10. Collateral Held against Federal Reserve Notes: Federal Reserve Agents’ Accounts

Millions of dollars

Wednesday

Apr 25, 2012 Federal Reserve notes and collateral

Federal Reserve notes outstanding 1,242,501

Less: Notes held by F.R. Banks not subject to collateralization 184,194

Federal Reserve notes to be collateralized 1,058,308

Collateral held against Federal Reserve notes 1,058,308

Gold certificate account 11,037

Special drawing rights certificate account 5,200

U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 1,042,071

Other assets pledged 0

Memo:

Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 2,610,134

Less: Face value of securities under reverse repurchase agreements 79,246

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 2,530,888

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 securities lending facility; refer to table 1A.