FEDERAL RESERVE Statistical Release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                            August 16, 2007
1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
                                                                   Averages of daily figures
Reserve Bank credit, related items, and                   Week ended   Change from week ended     Wednesday
reserve balances of depository institutions at           Aug 15, 2007  Aug 8, 2007 Aug 16, 2006 Aug 15, 2007
Federal Reserve Banks

Reserve Bank Credit                                         867,778    +  17,223    +  38,904      851,086
 Securities held outright                                   790,655    -     159    +  25,818      789,601       
    U.S. Treasury (1)                                       790,655    -     159    +  25,818      789,601
       Bills (2)                                            277,019            0            0      277,019
       Notes and bonds, nominal (2)                         473,202    -     176    +  15,376      472,142
       Notes and bonds, inflation-indexed (2)                35,753            0    +   9,734       35,753
       Inflation compensation (3)                             4,681    +      17    +     707        4,688
    Federal agency (2)                                            0            0            0            0      
 Repurchase agreements(4)                                    36,286    +  17,715    +  12,857       24,000
 Loans to depository institutions                               271    +      20    -      76          264
    Primary credit                                               11    +      10    +       3            4
    Secondary credit                                              0            0            0            0
    Seasonal credit                                             260    +      11    -      79          260
 Float                                                       -1,034    -     146    -     677         -930
 Other Federal Reserve assets                                41,601    -     206    +     982       38,151
Gold stock                                                   11,041            0            0       11,041
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (5)                            38,605    +      14    +     580       38,605
       
Total factors supplying reserve funds                       919,625    +  17,237    +  39,485      902,933
                                                                   
Currency in circulation(5)                                  812,403    -     648    +  17,985      813,085
Reverse repurchase agreements (6)                            31,357    -     290    +   2,464       31,941
   Foreign official and international accounts               31,357    -     290    +   2,464       31,941
   Dealers                                                        0            0            0            0
Treasury cash holdings                                          259    +      14    +      99          276
Deposits with F.R.Banks, other than reserve balances         11,664    -     296    -     657       12,053       
  U.S. Treasury, general account                              4,735    -     263    -      12        5,109
  Foreign official                                               95    +       1    +       6           96
  Service-related                                             6,562            0    -     639        6,562
     Required clearing balances                               6,562            0    -     639        6,562
     Adjustments to compensate for float                          0            0            0            0
  Other                                                         273    -      33    -      12          286
Other liabilities and capital                                40,037            0    +   4,656       39,681

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                  895,720    -   1,221    +  24,548      897,036

Reserve balances with Federal Reserve Banks                  23,905    +  18,458    +  14,937        5,897
                                                                

Memo (off-balance-sheet items):
  Marketable securities held in custody for foreign
         official and international accounts(2,7)         2,004,821    -   1,605    + 337,613    1,989,780
     U.S. Treasury                                        1,243,962    -   3,857    + 106,098    1,224,038
     Federal agency                                         760,859    +   2,252    + 231,515      765,742
  Securities lent to dealers                                  4,701    +   1,214    +   2,223       11,118   


Note: Components may not sum to totals because of rounding.


1  Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.  
2  Face value of the securities. 
3  Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities. 
4  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
5  Estimated. 
6  Cash value of agreements, which are collateralized by U.S. Treasury securities.
7  Includes U.S. Treasury STRIPS and other zero coupon bonds at face value.


Sources: Federal Reserve Banks and the U.S. Department of the Treasury.


2. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of Dollars
                                              Eliminations                          Change Since
                                                  from       Wednesday        Wednesday        Wednesday
Assets, liabilities, and capital             consolidation Aug 15, 2007      Aug 8, 2007     Aug 16, 2006

Assets
Gold certificate account                                        11,037                0                0
Special drawing rights certificate account                       2,200                0                0
Coin                                                             1,038        -      24        +     269
Securities, repurchase agreements, and loans                   813,866        +   4,041        +  23,413
   Securities held outright                                    789,601        -   1,219        +  24,759
      U.S. Treasury (1)                                        789,601        -   1,219        +  24,759       
         Bills (2)                                             277,019                0                0
         Notes and bonds, nominal (2)                          472,142        -   1,236        +  14,316
         Notes and bonds, inflation-indexed (2)                 35,753                0        +   9,734
         Inflation compensation (3)                              4,688        +      18        +     709
      Federal agency (2)                                             0                0                0
   Repurchase agreements (4)                                    24,000        +   5,250        -   1,250    
   Loans                                                           264        +       9        -      97
Items in process of collection                      (790)        2,508        -     619        -   1,505
Bank premises                                                    2,067        +       4        +     197
Other assets (5)                                                36,190        -   3,804        -     181
      Total assets                                  (790)      868,904        -     405        +  22,191
                          
Liabilities
Federal Reserve notes net of FR Bank holdings                  775,789        -   1,561        +  17,462
Reverse repurchase agreements (6)                               31,941        +   1,809        +   4,432
Deposits                                              (0)       18,056        -     438        -   2,866       
  Depository institutions                                       12,565        -     891        -   3,548
  U.S. Treasury, general account                                 5,109        +     439        +     666
  Foreign official                                                  96        +       2        +       8
  Other                                               (0)          286        +      12        +       9
Deferred availability cash items                    (790)        3,438        -     312        -   1,367
Other liabilities and accrued dividends (7)                      5,967        +      62        +     787
      Total liabilities                             (790)      835,190        -     441        +  18,447
                          
Capital Accounts
Capital paid in                                                 16,779        +     119        +   1,749
Surplus                                                         15,412                0        +   2,511
Other capital accounts                                           1,523        -      84        -     516
      Total capital                                             33,714        +      36        +   3,744


Note: Components may not sum to totals because of rounding.

1  Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.
2  Face value of the securities.
3  Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities. 
4  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securites.
5  Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates. 
6  Cash value of agreements, which are collateralized by U.S. Treasury securities.
7  Includes exchange-translation account reflecting the daily revaluation at market exchange rates of 
   foreign exchange commitments.



3. Maturity Distribution of Loans and Securities,    August 15, 2007
Millions of dollars
                                    U.S. Treasury           Federal agency                      Reverse
Maturity             Loans           securities (1)          securities           Repurchase   repurchase
                                              Weekly                    Weekly    agreements(2)agreements(2)
                                  Holdings    changes      Holdings    changes    
Within 15 days              49       51,278   -  13,493            0           0       24,000       31,941
16 days to 90 days         215      160,924   -   1,510            0           0            0            0
91 days to 1 year            0      174,350   +   1,923            0           0     ------      ------
Over 1 to 5 years     ------        241,382   +   3,303            0           0     ------      ------
Over 5 to 10 years    ------         66,060   -   3,293            0           0     ------      ------
Over 10 years         ------         95,608   +  11,853            0           0     ------      ------
                   		 	
All                        264      789,601   -   1,219            0           0       24,000      31,941

Note: Components may not sum to totals because of rounding.
---   Not applicable.

1  Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face 
   value of such securities. 
2  Cash value of agreements classified by remaining maturity of the agreements.



4. Statement of Condition of Each Federal Reserve Bank on    August 15, 2007
Millions of dollars
                                                                                                                                                            Kansas                 San
Assets, liabilities, and capital               Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco

Assets                        
Gold certificate account                      11,037        449      4,053        455        428        869      1,117        903        326        203        335        613      1,286
Special drawing rights certificate acct.       2,200        115        874         83        104        147        166        212         71         30         66         98        234
Coin                                           1,038         28         54         67        102        105        143        122         51         39         77        110        139
Securities, repurchase agreements,
      and loans                              813,866     37,495    294,603     36,001     33,295     70,492     75,465     68,289     26,072     16,319     26,364     35,761     93,709
   Securities held outright                  789,601     36,389    285,912     34,932     32,313     68,413     73,234     66,229     25,236     15,754     25,560     34,692     90,935
      U.S. Treasury (1)                      789,601     36,389    285,912     34,932     32,313     68,413     73,234     66,229     25,236     15,754     25,560     34,692     90,935
         Bills (2)                           277,019     12,767    100,308     12,255     11,336     24,001     25,693     23,235      8,854      5,527      8,967     12,171     31,903
         Notes and bonds(3)                  512,583     23,623    185,605     22,677     20,977     44,411     47,541     42,994     16,383     10,227     16,593     22,521     59,032
         Federal agency (2)                        0          0          0          0          0          0          0          0          0          0          0          0          0
      Repurchase agreements(4)                24,000      1,106      8,690      1,062        982      2,079      2,226      2,013        767        479        777      1,054      2,764
      Loans                                      264          0          0          7          0          0          5         47         69         86         27         14          9
Items in process of collection                 3,297        133         45        256        297        160        506        245        172        141        300        300        743
Bank premises                                  2,067        118        215         57        155        174        230        206        100        114        234        260        203
Other assets(5)                               36,190      1,188     11,142      3,129      2,118      6,986      3,043      2,320        708        681        696        915      3,265
Interdistrict settlement account                   0    - 4,263    + 5,853    -   104    - 2,595    + 2,642    + 5,255    -   104    -     2    - 1,301    +   901    - 2,931    - 3,351
          Total Assets                       869,694     35,263    316,840     39,943     33,905     81,575     85,925     72,193     27,498     16,225     28,973     35,126     96,227

Note: Components may not sum to totals because of rounding.

1  Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.
2  Face value of the securities.
3  Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face 
   value of such securities. 
4  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
5  Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates.




4. Statement of Condition of Each Federal Reserve Bank on    August 15, 2007
Millions of dollars
                                                                                                                                                            Kansas                 San
Assets, liabilities, and capital                Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco

Liabilities                         
Federal Reserve notes outstanding             991,992     37,571    354,537     41,322     38,096     81,111    110,099     80,613     29,420     17,392     30,437     57,379    114,015
  Less: notes held by F.R. Banks              216,204      5,569     68,790      7,677      9,122     15,479     31,854     14,729      3,908      3,137      3,787     25,450     26,701
    Federal Reserve notes, net                775,789     32,002    285,747     33,644     28,974     65,633     78,244     65,884     25,513     14,255     26,650     31,929     87,314
Reverse repurchase agreements (1)              31,941      1,472     11,566      1,413      1,307      2,767      2,962      2,679      1,021        637      1,034      1,403      3,679
Deposits                                       18,056        473      8,672        457        509      2,988      1,194        986        259        248        405        588      1,276
  Depository institutions                      12,565        460      3,317        452        505      2,892      1,190        983        255        247        404        587      1,273
  U.S. Treasury, general account                5,109          0      5,109          0          0          0          0          0          0          0          0          0          0
  Foreign official                                 96          1         66          5          3         11          3          2          0          1          0          1          3
  Other                                           286         12        180          0          1         86          0          0          4          0          1          0          0
Deferred availability cash items                4,228        241         87        520        614        345        426        314        109        275        277        323        697
Other liabilities and accrued                 
  dividends (2)                                 5,967        263      1,845        274        272        822        539        487        223        156        208        286        591
   
    Total liabilities                         835,980     34,452    307,917     36,308     31,676     72,555     83,366     70,349     27,126     15,571     28,574     34,530     93,557
                              
Capital                    
Capital paid in                                16,779        388      4,405      1,808      1,101      4,672      1,230        897        176        322        188        286      1,306
Surplus                                        15,412        396      3,805      1,811      1,087      4,097      1,277        860        167        276        176        214      1,248
Other capital                                   1,523         28        712         17         41        251         53         88         30         56         35         96        117
     Total liabilities and capital            869,694     35,263    316,840     39,943     33,905     81,575     85,925     72,193     27,498     16,225     28,973     35,126     96,227
                              

Note: Components may not sum to totals because of rounding.

1  Cash value of agreements, which are collateralized by U.S. Treasury securities.
2  Includes exchange-translation account reflecting the daily revaluation at market exchange rates of foreign exchange commitments.


5. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars



Federal Reserve notes and collateral        Wednesday
                                          Aug 15, 2007
              
Federal Reserve notes outstanding             991,992
   Less: Notes held by F.R. Banks
         not subject to collateralization     216,204
      Federal Reserve Notes to be
         collateralized                       775,789 
Collateral held against Federal Reserve            
   notes                                      775,789
   Gold certificate account                    11,037
   Special drawing rights                 
     certificate account                        2,200
   U.S. Treasury and agency securities   
     pledged (1)                              762,552
   Other assets pledged                             0

Memo:
Total U.S. Treasury and agency 
       securities (1)                         813,601
   Less:face value of securities under
         reverse repurchase agreements         31,983
      U.S. Treasury and agency securities
             eligible to be pledged           781,618
   

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.