FEDERAL RESERVE Statistical Release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                              June 14, 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           Jun 13, 2007  Jun 6, 2007 Jun 14, 2006 Jun 13, 2007
Federal Reserve Banks

Reserve Bank Credit                                         849,980    -   7,933    +  25,238      850,268
 Securities held outright                                   790,359    +      59    +  25,073      790,380       
    U.S. Treasury (1)                                       790,359    +      59    +  25,073      790,380
       Bills (2)                                            277,019            0    +   1,649      277,019
       Notes and bonds, nominal (2)                         474,672            0    +  11,032      474,672
       Notes and bonds, inflation-indexed (2)                34,459            0    +  11,813       34,459
       Inflation compensation (3)                             4,209    +      58    +     579        4,231
    Federal agency (2)                                            0            0            0            0      
 Repurchase agreements(4)                                    21,071    -   8,108    +   1,357       22,000
 Loans to depository institutions                               146    +      27    -      85          142
    Primary credit                                               26    +      13    +      12            0
    Secondary credit                                              0            0            0            0
    Seasonal credit                                             120    +      14    -      97          142
 Float                                                         -840    -     289    -     628       -1,515
 Other Federal Reserve assets                                39,244    +     378    -     479       39,260
Gold stock                                                   11,041            0            0       11,041
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (5)                            38,511    +      14    +     527       38,511
       
Total factors supplying reserve funds                       901,733    -   7,918    +  25,766      902,020
                                                                   
Currency in circulation(5)                                  811,459    -   1,495    +  16,980      812,269
Reverse repurchase agreements (6)                            32,315    -   1,529    +   8,005       31,579
   Foreign official and international accounts               32,315    -   1,529    +   8,005       31,579
   Dealers                                                        0            0            0            0
Treasury cash holdings                                          296    +       9    +      91          303
Deposits with F.R.Banks, other than reserve balances         11,881    -      11    -     746       11,646       
  U.S. Treasury, general account                              4,958    +      20    -      12        4,742
  Foreign official                                              109    +      15    +      23           95
  Service-related                                             6,583    +       3    -     734        6,583
     Required clearing balances                               6,583    +       3    -     734        6,583
     Adjustments to compensate for float                          0            0            0            0
  Other                                                         231    -      49    -      23          226
Other liabilities and capital                                39,451    +      41    +   4,636       38,837

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                  895,402    -   2,985    +  28,966      894,633

Reserve balances with Federal Reserve Banks                   6,331    -   4,933    -   3,201        7,387
                                                                

Memo (off-balance-sheet items):
  Marketable securities held in custody for foreign
         official and international accounts(2,7)         1,955,319    -     134    + 322,518    1,957,585
     U.S. Treasury                                        1,226,667    -   3,244    + 102,951    1,226,199
     Federal agency                                         728,652    +   3,109    + 219,567      731,385
  Securities lent to dealers                                  3,587    -   2,353    +   1,944        4,637   


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 Jun 13, 2007      Jun 6, 2007     Jun 14, 2006

Assets
Gold certificate account                                        11,037                0                0
Special drawing rights certificate account                       2,200                0                0
Coin                                                               914        +      21        +     192
Securities, repurchase agreements, and loans                   812,523        -   6,452        +  21,784
   Securities held outright                                    790,380        +      58        +  24,135
      U.S. Treasury (1)                                        790,380        +      58        +  24,135       
         Bills (2)                                             277,019                0        +   1,649
         Notes and bonds, nominal (2)                          474,672                0        +  10,092
         Notes and bonds, inflation-indexed (2)                 34,459                0        +  11,813
         Inflation compensation (3)                              4,231        +      59        +     582
      Federal agency (2)                                             0                0                0
   Repurchase agreements (4)                                    22,000        -   6,500        -   2,250    
   Loans                                                           142        -      12        -     103
Items in process of collection                      (892)        2,696        -   1,375        -   2,172
Bank premises                                                    2,028        +       2        +     176
Other assets (5)                                                37,352        +     102        -     531
      Total assets                                  (892)      868,749        -   7,703        +  19,448
                          
Liabilities
Federal Reserve notes net of FR Bank holdings                  774,970        -   1,240        +  16,867
Reverse repurchase agreements (6)                               31,579        -     490        +   5,577
Deposits                                              (0)       19,153        -   5,301        -   6,019       
  Depository institutions                                       14,090        -   4,589        -   6,288
  U.S. Treasury, general account                                 4,742        -     654        +     274
  Foreign official                                                  95        +       3        +      11
  Other                                               (0)          226        -      60        -      16
Deferred availability cash items                    (892)        4,210        -     361        -   1,267
Other liabilities and accrued dividends (7)                      6,046        +      29        +     928
      Total liabilities                             (892)      835,958        -   7,361        +  16,085
                          
Capital Accounts
Capital paid in                                                 16,097        -       9        +   1,132
Surplus                                                         15,371        -      15        +   2,470
Other capital accounts                                           1,323        -     318        -     239
      Total capital                                             32,791        -     342        +   3,363


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,      June 13, 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              12       61,006   -   1,334            0           0       22,000       31,579
16 days to 90 days         130      173,922   +   1,500            0           0            0            0
91 days to 1 year            0      165,322   -     162            0           0     ------      ------
Over 1 to 5 years     ------        233,338   +      18            0           0     ------      ------
Over 5 to 10 years    ------         74,526   +      14            0           0     ------      ------
Over 10 years         ------         82,267   +      23            0           0     ------      ------
                   		 	
All                        142      790,380   +      58            0           0       22,000      31,579

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      June 13, 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                                             914         31         54         59         86         89        114        110         39         39         70         88        137
Securities, repurchase agreements,
      and loans                              812,523     37,443    294,161     35,940     33,245     70,386     75,352     68,183     25,990     16,241     26,318     35,699     93,563
   Securities held outright                  790,380     36,425    286,195     34,967     32,345     68,480     73,306     66,295     25,261     15,770     25,585     34,727     91,025
      U.S. Treasury (1)                      790,380     36,425    286,195     34,967     32,345     68,480     73,306     66,295     25,261     15,770     25,585     34,727     91,025
         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)                  513,362     23,659    185,887     22,711     21,008     44,479     47,613     43,059     16,408     10,243     16,618     22,555     59,122
         Federal agency (2)                        0          0          0          0          0          0          0          0          0          0          0          0          0
      Repurchase agreements(4)                22,000      1,014      7,966        973        900      1,906      2,040      1,845        703        439        712        967      2,534
      Loans                                      142          4          0          0          0          0          6         44         26         32         21          6          4
Items in process of collection                 3,588        157         84        336        430        122        373        331        169        119        371        194        901
Bank premises                                  2,028        118        214         57        156        173        232        207         90        115        213        261        194
Other assets(5)                               37,352      1,246     11,610      3,160      2,138      6,966      3,220      2,431        740        699        739        982      3,420
Interdistrict settlement account                   0    - 2,840    - 1,148    -   379    - 3,455    + 1,849    + 5,378    +   738    +   259    -   600    + 1,334    + 1,019    - 2,155
          Total Assets                       869,640     36,719    309,901     39,710     33,132     80,601     85,951     73,115     27,684     16,846     29,447     38,954     97,580

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      June 13, 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             974,566     37,954    345,193     40,060     36,356     79,268    107,608     80,638     29,336     17,332     30,486     57,504    112,830
  Less: notes held by F.R. Banks              199,597      4,874     64,243      6,940      8,908     13,957     30,470     13,987      3,691      2,555      3,558     21,772     24,641
    Federal Reserve notes, net                774,970     33,080    280,951     33,119     27,448     65,311     77,138     66,651     25,645     14,777     26,928     35,732     88,189
Reverse repurchase agreements (1)              31,579      1,455     11,434      1,397      1,292      2,736      2,929      2,649      1,009        630      1,022      1,387      3,637
Deposits                                       19,153        756      6,739        584      1,162      3,315      1,854      1,183        326        272        524        639      1,800
  Depository institutions                      14,090        747      1,775        578      1,157      3,250      1,850      1,181        323        271        523        638      1,797
  U.S. Treasury, general account                4,742          0      4,742          0          0          0          0          0          0          0          0          0          0
  Foreign official                                 95          1         65          5          3         11          3          2          0          1          0          1          3
  Other                                           226          8        157          1          2         54          0          0          3          0          1          0          0
Deferred availability cash items                5,102        329        144        685        725        372        635        321        121        356        378        327        708
Other liabilities and accrued                 
  dividends (2)                                 6,046        261      1,864        304        290        828        558        492        218        160        200        279        592
   
    Total liabilities                         836,850     35,882    301,131     36,089     30,918     72,562     83,113     71,296     27,319     16,195     29,053     38,365     94,926
                              
Capital                    
Capital paid in                                16,097        404      4,281      1,809      1,101      3,959      1,401        887        172        321        188        278      1,296
Surplus                                        15,371        396      3,782      1,810      1,087      4,080      1,277        859        166        276        176        213      1,247
Other capital                                   1,323         37        706          2         26          0        160         73         26         54         30         97        111
     Total liabilities and capital            869,640     36,719    309,901     39,710     33,132     80,601     85,951     73,115     27,684     16,846     29,447     38,954     97,580
                              

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
                                          Jun 13, 2007
              
Federal Reserve notes outstanding             974,566
   Less: Notes held by F.R. Banks
         not subject to collateralization     199,597
      Federal Reserve Notes to be
         collateralized                       774,970 
Collateral held against Federal Reserve            
   notes                                      774,970
   Gold certificate account                    11,037
   Special drawing rights                 
     certificate account                        2,200
   U.S. Treasury and agency securities   
     pledged (1)                              761,733
   Other assets pledged                             0

Memo:
Total U.S. Treasury and agency 
       securities (1)                         812,380
   Less:face value of securities under
         reverse repurchase agreements         31,624
      U.S. Treasury and agency securities
             eligible to be pledged           780,757
   

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.