FEDERAL RESERVE Statistical Release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                           February 9, 2006
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            Feb 8, 2006  Feb 1, 2006  Feb 9, 2005  Feb 8, 2006
Federal Reserve Banks

Reserve Bank Credit                                         809,112    -   5,235    +  32,509      809,669
 Securities held outright                                   748,827    +     155    +  30,941      748,828       
    U.S. Treasury (1)                                       748,827    +     155    +  30,941      748,828
       Bills (2)                                            272,857    +      20    +   9,852      272,868
       Notes and bonds, nominal (2)                         450,580    -   1,091    +  17,151      450,580
       Notes and bonds, inflation-indexed (2)                22,196    +   1,260    +   3,088       22,196
       Inflation compensation (3)                             3,194    -      35    +     851        3,184
    Federal agency (2)                                            0            0            0            0      
 Repurchase agreements(4)                                    20,036    -   5,357    +   3,893       19,500
 Loans to depository institutions                                33    -       7    -       4           41
    Primary credit                                                5    -       6    -      17            9
    Secondary credit                                              0            0            0            0
    Seasonal credit                                              28    -       1    +      13           31
 Float                                                         -114    +      66    -     430          881
 Other Federal Reserve assets                                40,330    -      93    -   1,891       40,419
Gold stock                                                   11,044    +       1    +       2       11,044
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (5)                            36,680    +      14    +     218       36,680
       
Total factors supplying reserve funds                       859,036    -   5,220    +  32,729      859,593
                                                                   
Currency in circulation(5)                                  784,274    +   3,128    +  34,110      786,663
Reverse repurchase agreements (6)                            23,278    -     533    -   3,337       22,678
   Foreign official and international accounts               23,278    -     533    -   3,337       22,678
   Dealers                                                        0            0            0            0
Treasury cash holdings                                          206    -       9    -      84          199
Deposits with F.R.Banks, other than reserve balances         14,216    +      47    -     849       12,782       
  U.S. Treasury, general account                              5,360    +     243    +     447        3,973
  Foreign official                                               83            0    -       6           82
  Service-related                                             8,472    -     224    -   1,299        8,472
     Required clearing balances                               8,472    -     224    -   1,299        8,472
     Adjustments to compensate for float                          0            0            0            0
  Other                                                         302    +      28    +      10          256
Other liabilities and capital                                31,277    -     209    +   4,574       31,144

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                  853,252    +   2,425    +  34,414      853,465

Reserve balances with Federal Reserve Banks                   5,784    -   7,645    -   1,685        6,128
                                                                

Memo (off-balance-sheet items):
  Marketable securities held in custody for foreign
         official and international accounts(2,7)         1,544,068    +   4,030    + 203,832    1,545,598
     U.S. Treasury                                        1,104,679    +   3,041    +  51,011    1,106,768
     Federal agency                                         439,389    +     989    + 152,822      438,830
  Securities lent to dealers                                  2,256    -   1,457    -       8        2,018   


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  Feb 8, 2006      Feb 1, 2006      Feb 9, 2005

Assets
Gold certificate account                                        11,040                0        +       2
Special drawing rights certificate account                       2,200                0                0
Coin                                                               830        +      20        -       1
Securities, repurchase agreements, and loans                   768,369        -   3,527        +  35,961
   Securities held outright                                    748,828        -      12        +  30,949
      U.S. Treasury (1)                                        748,828        -      12        +  30,949       
         Bills (2)                                             272,868        +      14        +   9,863
         Notes and bonds, nominal (2)                          450,580                0        +  17,151
         Notes and bonds, inflation-indexed (2)                 22,196                0        +   3,088
         Inflation compensation (3)                              3,184        -      26        +     848
      Federal agency (2)                                             0                0                0
   Repurchase agreements (4)                                    19,500        -   3,500        +   5,000    
   Loans                                                            41        -      14        +      11
Items in process of collection                    (1,291)        7,625        -     883        -   2,687
Bank premises                                                    1,824                0        +      41
Other assets (5)                                                38,609        +     223        -   1,760
      Total assets                                (1,291)      830,497        -   4,166        +  31,555
                          
Liabilities
Federal Reserve notes net of FR Bank holdings                  751,007        +   2,829        +  34,046
Reverse repurchase agreements (6)                               22,678        -     502        -   5,677
Deposits                                              (3)       18,924        -   5,981        -   1,173       
  Depository institutions                                       14,613        -   4,793        -     366
  U.S. Treasury, general account                                 3,973        -   1,122        -     774
  Foreign official                                                  82        -       1        -       3
  Other                                               (3)          256        -      65        -      31
Deferred availability cash items                  (1,288)        6,744        -     709        -     309
Other liabilities and accrued dividends (7)                      4,196        +      94        +   1,266
      Total liabilities                           (1,291)      803,549        -   4,269        +  28,153
                          
Capital Accounts
Capital paid in                                                 13,573        +      15        +   1,135
Surplus                                                         12,884        +       5        +   1,978
Other capital accounts                                             491        +      83        +     290
      Total capital                                             26,948        +     103        +   3,402


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,   February 8, 2006
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              18       53,466   -     636            0           0       19,500       22,678
16 days to 90 days          23      163,504   +     662            0           0            0            0
91 days to 1 year            0      186,142   -      16            0           0     ------      ------
Over 1 to 5 years     ------        209,974   -       7            0           0     ------      ------
Over 5 to 10 years    ------         56,643   -       4            0           0     ------      ------
Over 10 years         ------         79,099   -      12            0           0     ------      ------
                   		 	
All                         41      748,828   -      12            0           0       19,500      22,678

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   February 8, 2006
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                      11,040        510      4,358        432        453        836        945        928        327        212        318        549      1,172
Special drawing rights certificate acct.       2,200        115        874         83        104        147        166        212         71         30         66         98        234
Coin                                             830         36         61         44         65         88        114         95         47         29         69         75        107
Securities, repurchase agreements,
      and loans                              768,369     38,321    316,441     26,564     31,634     57,150     57,933     67,453     23,237     15,643     21,183     36,881     75,929
   Securities held outright                  748,828     38,312    296,936     26,564     31,634     57,148     57,933     67,435     23,237     15,640     21,180     36,881     75,926
      U.S. Treasury (1)                      748,828     38,312    296,936     26,564     31,634     57,148     57,933     67,435     23,237     15,640     21,180     36,881     75,926
         Bills (2)                           272,868     13,961    108,201      9,680     11,527     20,824     21,110     24,573      8,467      5,699      7,718     13,439     27,667
         Notes and bonds(3)                  475,960     24,352    188,735     16,884     20,107     36,324     36,823     42,862     14,769      9,941     13,462     23,442     48,259
         Federal agency (2)                        0          0          0          0          0          0          0          0          0          0          0          0          0
      Repurchase agreements(4)                19,500          0     19,500          0          0          0          0          0          0          0          0          0          0
      Loans                                       41          8          4          0          0          2          0         17          0          3          3          0          2
Items in process of collection                 8,916        508      1,057        447        919        519      1,631        172        406        271        978        698      1,309
Bank premises                                  1,824        112        206         53        157        153        232        210         70        119         88        260        164
Other assets(5)                               38,609      3,263     14,663      1,154      2,482      4,878      2,214      2,713        951        771        720      1,057      3,743
Interdistrict settlement account                   0    - 5,626    -32,227    + 5,367    -   169    + 8,411    +11,267    -   166    + 1,068    -   372    + 1,343    - 3,661    +14,766
          Total Assets                       831,788     37,240    305,431     34,145     35,646     72,182     74,502     71,616     26,177     16,703     24,766     35,957     97,423

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   February 8, 2006
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             909,967     39,150    326,119     37,258     36,543     72,362     88,068     77,311     27,907     17,755     27,671     49,800    110,025
  Less: notes held by F.R. Banks              158,960      5,180     47,309      7,256      5,226     12,045     20,426     12,112      3,522      2,807      5,096     16,763     21,217
    Federal Reserve notes, net                751,007     33,970    278,810     30,002     31,317     60,316     67,642     65,199     24,384     14,948     22,574     33,036     88,808
Reverse repurchase agreements (1)              22,678      1,160      8,992        804        958      1,731      1,754      2,042        704        474        641      1,117      2,299
Deposits                                       18,927        600      7,491      1,142        504      1,581      1,754      1,851        447        305        562        732      1,957
  Depository institutions                      14,613        593      3,299      1,139        500      1,491      1,752      1,847        446        304        560        732      1,949
  U.S. Treasury, general account                3,973          0      3,973          0          0          0          0          0          0          0          0          0          0
  Foreign official                                 82          5         54          1          4          7          2          3          1          1          1          0          4
  Other                                           258          2        165          2          0         83          0          1          1          0          1          0          3
Deferred availability cash items                8,033        654      1,115        520        641        759      1,189        340        186        369        490        533      1,236
Other liabilities and accrued                 
  dividends (2)                                 4,196        227      1,469        170        205        389        344        386        156        114        133        213        389
   
    Total liabilities                         804,840     36,611    297,878     32,639     33,624     64,776     72,683     69,819     25,877     16,210     24,401     35,632     94,690
                              
Capital                    
Capital paid in                                13,573        323      3,693        750      1,014      3,944        894        884        144        243        178        153      1,352
Surplus                                        12,884        305      3,685        744      1,008      3,307        892        876        144        245        175        153      1,349
Other capital                                     491          0        174         12          0        154         33         37         12          5         12         19         32
     Total liabilities and capital            831,788     37,240    305,431     34,145     35,646     72,182     74,502     71,616     26,177     16,703     24,766     35,957     97,423
                              

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
                                           Feb 8, 2006
              
Federal Reserve notes outstanding             909,967
   Less: Notes held by F.R. Banks
         not subject to collateralization     158,960
      Federal Reserve Notes to be
         collateralized                       751,007 
Collateral held against Federal Reserve            
   notes                                      751,007
   Gold certificate account                    11,040
   Special drawing rights                 
     certificate account                        2,200
   U.S. Treasury and agency securities   
     pledged (1)                              737,768
   Other assets pledged                             0

Memo:
Total U.S. Treasury and agency 
       securities (1)                         768,328
   Less:face value of securities under
         reverse repurchase agreements         22,704
      U.S. Treasury and agency securities
             eligible to be pledged           745,624
   

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.