FEDERAL RESERVE statistical release

For Release at

4:30 P.M. EDT 

June 12, 2014

Table 10 line items “Less: Face value of securities under reverse repurchase agreements” and “U.S. 

Treasury, agency debt, and mortgage-backed securities eligible to be pledged” have been corrected 

to include securities pledged as collateral for tri-party reverse repurchase agreements. 

The revised data are reported at the following 

link: http://www.federalreserve.gov/releases/h41/2014update.htm. 

Historical data incorporating this correction can be accessed through the Data Download Program 

(DDP) at http://www.federalreserve.gov/datadownload/Choose.aspx?rel=H41. 
FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and 

Condition Statement of Federal Reserve Banks November 14, 2013

1. Factors Affecting Reserve Balances of Depository Institutions

Millions of dollars

Averages of daily figures

Change from week ended

Reserve Bank credit, related items, and

reserve balances of depository institutions at 

Federal Reserve Banks

Week ended

Nov 13, 2013 Nov 6, 2013 Nov 14, 2012

Wednesday

Nov 13, 2013

Reserve Bank credit 3,822,130 + 19,225 +1,029,811 3,863,922

Securities held outright1 3,590,340 + 17,049 +1,000,240 3,630,670

U.S. Treasury securities 2,131,729 + 11,211 + 480,874 2,137,037

Bills2 0 0 0 0

Notes and bonds, nominal2 2,029,515 + 11,181 + 461,558 2,034,815

Notes and bonds, inflation-indexed2 88,589 0 + 16,245 88,589

Inflation compensation3 13,624 + 29 + 3,069 13,633

Federal agency debt securities2 59,080 0 - 22,822 59,080

Mortgage-backed securities4 1,399,531 + 5,838 + 542,187 1,434,553

Unamortized premiums on securities held outright5 205,791 + 171 + 45,120 207,149

Unamortized discounts on securities held outright5 -8,919 - 424 - 7,311 -9,034

Repurchase agreements6 0 0 0 0

Loans 192 + 4 - 891 177

Primary credit 14 + 8 + 1 6

Secondary credit 0 - 1 0 0

Seasonal credit 78 - 4 + 35 72

Term Asset-Backed Securities Loan Facility7 100 0 - 928 100

Other credit extensions 0 0 0 0

Net portfolio holdings of Maiden Lane LLC8 1,516 + 1 - 56 1,517

Net portfolio holdings of Maiden Lane II LLC9 64 0 + 3 64

Net portfolio holdings of Maiden Lane III LLC10 22 0 - 1 22

Net portfolio holdings of TALF LLC11 110 - 1 - 745 110

Float -641 - 166 + 167 -1,187

Central bank liquidity swaps12 272 0 - 11,849 272

Other Federal Reserve assets13 33,383 + 2,589 + 5,134 34,162

Foreign currency denominated assets14 23,927 - 192 - 1,484 23,983

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding15 45,406 + 14 + 694 45,406

Total factors supplying reserve funds 3,907,704 + 19,047 +1,029,022 3,949,551

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

Change from week ended

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Week ended

Nov 13, 2013 Nov 6, 2013 Nov 14, 2012

Wednesday

Nov 13, 2013

Currency in circulation15 1,222,060 + 3,197 + 73,440 1,221,979

Reverse repurchase agreements16 103,476 - 8,671 + 8,948 106,270

Foreign official and international accounts 101,281 - 4,999 + 6,753 102,300

Others 2,195 - 3,672 + 2,195 3,970

Treasury cash holdings 209 + 3 + 59 207

Deposits with F.R. Banks, other than reserve balances 67,863 + 15,120 - 16,027 65,258

Term deposits held by depository institutions 0 0 - 3,043 0

U.S. Treasury, General Account 45,639 + 11,281 + 6,975 34,247

Foreign official 8,661 + 7 + 2,553 8,653

Other 13,563 + 3,833 - 22,511 22,358

Other liabilities and capital17 64,982 + 871 - 3,182 66,825

Total factors, other than reserve balances,

absorbing reserve funds 1,458,590 + 10,521 + 63,239 1,460,539

Reserve balances with Federal Reserve Banks 2,449,114 + 8,526 + 965,783 2,489,013

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. The current face value shown is the remaining principal balance of

the securities.

5. Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been

amortized. For U.S. Treasury and Federal agency debt securities, amortization is on a straight-line basis. For mortgage-backed securities,

amortization is on an effective-interest basis.

6. Cash value of agreements.

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

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

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

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

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

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 accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable. Also, includes Reserve Bank

premises and equipment net of allowances for depreciation.

14. Revalued daily at current foreign currency exchange rates.

15. Estimated.

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

17. 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

Memorandum item Week ended Change from week ended

Nov 13, 2013 Nov 6, 2013 Nov 14, 2012

Wednesday

Nov 13, 2013

Securities held in custody for foreign official and international

accounts 3,324,297 - 7,692 + 130,716 3,323,519

Marketable U.S. Treasury securities1 2,962,283 - 8,229 + 127,486 2,963,045

Federal agency debt and mortgage-backed securities2 319,683 - 555 - 2,824 317,841

Other securities3 42,331 + 1,091 + 6,054 42,634

Securities lent to dealers 10,090 - 3,324 + 2,323 11,162

Overnight facility4 10,090 - 3,324 + 2,323 11,162

U.S. Treasury securities 9,007 - 3,283 + 1,873 10,019

Federal agency debt securities 1,083 - 40 + 450 1,143

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

1. Includes securities and U.S. Treasury STRIPS at face value, and inflation compensation on TIPS. Does not include securities pledged as collateral

to foreign official and international account holders against reverse repurchase agreements with the Federal Reserve presented in tables 1, 8, and 9.

2. Face value of federal agency securities and current face value of mortgage-backed securities, which is the remaining principal balance of the

securities.

3. Includes non-marketable U.S. Treasury securities, supranationals, corporate bonds, asset-backed securities, and commercial paper at face value.

4. Face value. Fully collateralized by U.S. Treasury securities.

2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, November 13, 2013

Millions of dollars

Remaining Maturity Within 15

days

16 days to

90 days

91 days to

1 year

Over 1 year

to 5 years

Over 5 year

to 10 years

Over 10

years

All

Loans1 31 47 63 36 0 ... 177

U.S. Treasury securities2

Holdings 1 4 384 688,281 891,277 557,090 2,137,037

Weekly changes 0 0 0 + 3,001 + 5,426 + 3,058 + 11,485

Federal agency debt securities3

Holdings 708 6,961 11,711 37,291 62 2,347 59,080

Weekly changes 0 + 3,500 - 3,500 0 0 0 0

Mortgage-backed securities4

Holdings 0 0 1 3 2,591 1,431,959 1,434,553

Weekly changes 0 0 0 0 + 1 + 40,858 + 40,859

Asset-backed securities held by

TALF LLC5 0 0 0 0 0 0 0

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

Central bank liquidity swaps7 0 272 0 0 0 0 272

Reverse repurchase agreements6 106,270 0 ... ... ... ... 106,270

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. The current face value shown is the remaining principal balance of the securities.

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 Account name Nov 13, 2013

Mortgage-backed securities held outright1 1,434,553

Commitments to buy mortgage-backed securities2 55,982

Commitments to sell mortgage-backed securities2 600

Cash and cash equivalents3 4

1. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities.

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 Account name Nov 13, 2013

Net portfolio holdings of Maiden Lane LLC1 1,517

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

Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co.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 September 30, 2013. 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 Account name Nov 13, 2013

Net portfolio holdings of Maiden Lane II LLC1 64

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 September 30, 2013. 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 Account name Nov 13, 2013

Net portfolio holdings of Maiden Lane III LLC1 22

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

Outstanding principal amount and accrued interest on loan payable to 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 September 30, 2013. 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 Account name Nov 13, 2013

Asset-backed securities holdings1 0

Other investments, net 110

Net portfolio holdings of TALF LLC 110

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 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.

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) extended loans with a term of up

to five years to holders of eligible asset-backed securities. The Federal Reserve closed the TALF for new loan extensions in 2010. 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.

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. Prior to January 15, 2013, the U.S. Treasury's Troubled Asset Relief Program

(TARP) committed backup funding to TALF LLC, providing credit protection to the FRBNY. However, the accumulated fees and income collected through the

TALF and held by TALF LLC now exceed the remaining amount of TALF loans outstanding. Accordingly, the TARP credit protection commitment has been

terminated, and TALF LLC has begun to distribute excess proceeds to the Treasury and the FRBNY. 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

Change since

Assets, liabilities, and capital Wednesday Wednesday Eliminations from

consolidation

Wednesday

Nov 13, 2013 Nov 6, 2013 Nov 14, 2012

Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 5,200 0 0

Coin 1,967 - 4 - 177

Securities, unamortized premiums and discounts,

repurchase agreements, and loans 3,828,962 + 53,463 +1,039,119

Securities held outright1 3,630,670 + 52,344 +1,002,915

U.S. Treasury securities 2,137,037 + 11,485 + 480,204

Bills2 0 0 0

Notes and bonds, nominal2 2,034,815 + 11,457 + 462,001

Notes and bonds, inflation-indexed2 88,589 0 + 15,245

Inflation compensation3 13,633 + 28 + 2,957

Federal agency debt securities2 59,080 0 - 22,822

Mortgage-backed securities4 1,434,553 + 40,859 + 545,533

Unamortized premiums on securities held outright5 207,149 + 1,469 + 44,478

Unamortized discounts on securities held outright5 -9,034 - 345 - 7,435

Repurchase agreements6 0 0 0

Loans 177 - 4 - 839

Net portfolio holdings of Maiden Lane LLC7 1,517 + 1 - 56

Net portfolio holdings of Maiden Lane II LLC8 64 0 + 3

Net portfolio holdings of Maiden Lane III LLC9 22 0 - 1

Net portfolio holdings of TALF LLC10 110 0 - 745

Items in process of collection (0) 125 + 33 - 52

Bank premises 2,286 + 2 - 59

Central bank liquidity swaps11 272 0 - 11,849

Foreign currency denominated assets12 23,983 - 146 - 1,360

Other assets13 31,881 + 2,453 + 5,357

Total assets (0) 3,907,424 + 55,801 +1,030,180

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

Change since

Assets, liabilities, and capital Wednesday Wednesday Eliminations from

consolidation

Wednesday

Nov 13, 2013 Nov 6, 2013 Nov 14, 2012

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 1,178,742 + 1,260 + 71,827

Reverse repurchase agreements14 106,270 - 4,539 + 12,680

Deposits (0) 2,554,275 + 55,234 + 954,031

Term deposits held by depository institutions 0 0 - 3,043

Other deposits held by depository institutions 2,489,017 + 38,983 + 982,235

U.S. Treasury, General Account 34,247 + 3,651 + 7,388

Foreign official 8,653 - 1 + 2,172

Other (0) 22,358 + 12,600 - 34,720

Deferred availability cash items (0) 1,311 + 392 - 392

Other liabilities and accrued dividends15 11,982 + 3,436 - 7,668

Total liabilities (0) 3,852,581 + 55,784 +1,030,478

Capital accounts

Capital paid in 27,421 + 8 - 149

Surplus 27,421 + 8 - 149

Other capital accounts 0 0 0

Total capital 54,843 + 17 - 298

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. The current face value shown is the remaining principal balance of the securities.

5. Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been

amortized. For U.S. Treasury and Federal agency debt securities, amortization is on a straight-line basis. For mortgage-backed securities,

amortization is on an effective-interest basis.

6. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.

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. Revalued daily at current foreign currency exchange rates.

13. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.

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.
H.4.1

9. Statement of Condition of Each Federal Reserve Bank, November 13, 2013

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 11,037 391 3,925 397 512 856 1,421 792 310 190 309 728 1,206

Special drawing rights certificate acct. 5,200 196 1,818 210 237 412 654 424 150 90 153 282 574

Coin 1,967 32 89 127 132 336 223 282 29 47 145 178 347

Securities, unamortized premiums and

discounts, repurchase agreements,

and loans 3,828,962 100,119 2,123,318 110,936 97,787 238,077 254,346 206,905 61,619 36,350 72,452 148,690 378,362

Securities held outright1 3,630,670 94,938 2,013,355 105,196 92,724 225,758 241,181 196,189 58,419 34,452 68,688 140,988 358,783

U.S. Treasury securities 2,137,037 55,881 1,185,074 61,919 54,578 132,883 141,961 115,478 34,386 20,279 40,430 82,986 211,182

Bills2 0 0 0 0 0 0 0 0 0 0 0 0 0

Notes and bonds3 2,137,037 55,881 1,185,074 61,919 54,578 132,883 141,961 115,478 34,386 20,279 40,430 82,986 211,182

Federal agency debt securities2 59,080 1,545 32,762 1,712 1,509 3,674 3,925 3,192 951 561 1,118 2,294 5,838

Mortgage-backed securities4 1,434,553 37,512 795,518 41,565 36,637 89,202 95,295 77,518 23,082 13,613 27,140 55,707 141,762

Unamortized premiums on securities 

held outright5 207,149 5,417 114,873 6,002 5,290 12,881 13,761 11,194 3,333 1,966 3,919 8,044 20,470

Unamortized discounts on securities 

held outright5 -9,034 -236 -5,010 -262 -231 -562 -600 -488 -145 -86 -171 -351 -893

Repurchase agreements6 0 0 0 0 0 0 0 0 0 0 0 0 0

Loans 177 0 100 0 4 0 5 11 13 18 16 9 2

Net portfolio holdings of Maiden

Lane LLC7 1,517 0 1,517 0 0 0 0 0 0 0 0 0 0

Net portfolio holdings of Maiden

Lane II LLC8 64 0 64 0 0 0 0 0 0 0 0 0 0

Net portfolio holdings of Maiden

Lane III LLC9 22 0 22 0 0 0 0 0 0 0 0 0 0

Net portfolio holdings of TALF LLC10 110 0 110 0 0 0 0 0 0 0 0 0 0

Items in process of collection 125 0 0 0 0 0 123 1 0 1 0 0 0

Bank premises 2,286 120 429 72 111 229 211 203 127 100 248 232 204

Central bank liquidity swaps11 272 13 87 21 21 57 15 8 2 1 3 4 39

Foreign currency denominated assets12 23,983 1,179 7,669 1,855 1,870 5,036 1,366 684 200 100 243 380 3,401

Other assets13 31,881 872 17,240 934 825 2,164 2,143 1,719 581 365 625 1,286 3,125

Interdistrict settlement account 0 - 32,428 + 243,276 - 18,701 - 9,927 - 27,755 - 53,627 - 61,024 - 17,667 - 15,102 - 27,171 - 37,397 + 57,524

Total assets 3,907,424 70,494 2,399,562 95,851 91,569 219,411 206,876 149,993 45,352 22,141 47,006 114,385 444,782

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, November 13, 2013 (continued)

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 1,438,977 46,206 532,039 43,201 60,098 109,565 173,993 91,577 35,974 22,662 38,003 118,123 167,535

Less: Notes held by F.R. Banks 260,235 11,149 65,749 7,456 7,264 11,346 24,191 19,268 3,604 10,048 11,817 55,154 33,189

Federal Reserve notes, net 1,178,742 35,057 466,291 35,745 52,835 98,219 149,802 72,309 32,370 12,614 26,186 62,969 134,346

Reverse repurchase agreements14 106,270 2,779 58,931 3,079 2,714 6,608 7,059 5,742 1,710 1,008 2,011 4,127 10,502

Deposits 2,554,275 29,815 1,850,523 52,402 31,277 102,207 44,870 69,780 10,556 7,985 17,990 45,913 290,956

Term deposits held by depository

institutions 0 0 0 0 0 0 0 0 0 0 0 0 0

Other deposits held by depository

institutions 2,489,017 29,812 1,785,544 52,377 31,274 102,013 44,858 69,756 10,556 7,985 17,988 45,909 290,945

U.S. Treasury, General Account 34,247 0 34,247 0 0 0 0 0 0 0 0 0 0

Foreign official 8,653 2 8,626 3 3 8 2 1 0 0 0 1 6

Other 22,358 1 22,107 22 0 186 10 23 0 0 1 3 6

Deferred availability cash items 1,311 0 0 0 0 0 1,203 0 0 108 0 0 0

Interest on Federal Reserve notes due

to U.S. Treasury15 1,740 42 993 47 40 83 122 104 29 16 28 70 165

Other liabilities and accrued

dividends16 10,243 304 5,310 358 343 861 666 539 223 177 213 394 853

Total liabilities 3,852,581 67,998 2,382,049 91,630 87,209 207,978 203,722 148,474 44,889 21,909 46,427 113,473 436,823

Capital

Capital paid in 27,421 1,248 8,757 2,111 2,180 5,716 1,577 759 232 116 289 456 3,980

Surplus 27,421 1,248 8,757 2,111 2,180 5,716 1,577 759 232 116 289 456 3,980

Other capital 0 0 0 0 0 0 0 0 0 0 0 0 0

Total liabilities and capital 3,907,424 70,494 2,399,562 95,851 91,569 219,411 206,876 149,993 45,352 22,141 47,006 114,385 444,782

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, November 13, 2013 (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 securities.

4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities.

5. Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt

securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an effective-interest basis.

6. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.

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. 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. Revalued daily at current foreign currency exchange rates.

13. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.

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

15. 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 are not sufficient to equate surplus

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 line, represents the amount of the

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 with Board of Governors policy,

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 operations, payment of dividends,

and the amount necessary to equate surplus with capital paid-in.

16. 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 8), 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 8).
H.4.1

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

Millions of dollars

Wednesday Federal Reserve notes and collateral Nov 13, 2013

Federal Reserve notes outstanding 1,438,977

Less: Notes held by F.R. Banks not subject to collateralization 260,235

Federal Reserve notes to be collateralized 1,178,742

Collateral held against Federal Reserve notes 1,178,742

Gold certificate account 11,037

Special drawing rights certificate account 5,200

U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 1,162,506

Other assets pledged 0

Memo:

Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 3,630,670

Less: Face value of securities under reverse repurchase agreements 96,511

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 3,534,159

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.