FEDERAL RESERVE statistical release
H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                               August 9, 2012
 
1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and                         Averages of daily figures         Wednesday  
reserve balances of depository institutions at             Week ended   Change from week ended    Aug 8, 2012
Federal Reserve Banks                                      Aug 8, 2012  Aug 1, 2012 Aug 10, 2011
 
Reserve Bank credit                                        2,834,809   +    1,450   -   19,909    2,838,891
  Securities held outright (1)                             2,593,989   +      175   -   59,631    2,596,938
    U.S. Treasury securities                               1,649,469   +      107   +    5,569    1,652,416
      Bills (2)                                                    0            0   -   18,423            0
      Notes and bonds, nominal (2)                         1,570,529   +      133   +   20,059    1,573,484
      Notes and bonds, inflation-indexed (2)                  69,086            0   +    3,443       69,086
      Inflation compensation (3)                               9,855   -       25   +      490        9,846
    Federal agency debt securities (2)                        91,029            0   -   21,406       91,029
    Mortgage-backed securities (4)                           853,490   +       67   -   43,795      853,493
  Repurchase agreements (5)                                      261   +      261   +      261          600
  Loans                                                        3,644   -       57   -    8,275        3,631
    Primary credit                                                 2   -       30   -        4            1
    Secondary credit                                               0   -        1            0            0
    Seasonal credit                                              133   +       12   +       42          139
    Term Asset-Backed Securities Loan Facility (6)             3,509   -       38   -    8,312        3,492
    Other credit extensions                                        0            0            0            0
  Net portfolio holdings of Maiden Lane LLC (7)                2,085   +        3   -   18,735        2,085
  Net portfolio holdings of Maiden Lane II LLC (8)                61            0   -   10,002           61
  Net portfolio holdings of Maiden Lane III LLC (9)            7,382   +      164   -   14,145        7,411
  Net portfolio holdings of TALF LLC (10)                        848            0   +       81          848
  Float                                                         -707   -       37   +      428         -838
  Central bank liquidity swaps (11)                           30,022   -    1,000   +   30,022       30,022
  Other Federal Reserve assets (12)                          197,225   +    1,943   +   60,087      198,132
Gold stock                                                    11,041            0            0       11,041
Special drawing rights certificate account                     5,200            0            0        5,200
Treasury currency outstanding (13)                            44,606   +       14   +      600       44,606

Total factors supplying reserve funds                      2,895,657   +    1,465   -   19,308    2,899,739
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

 
1. Factors Affecting Reserve Balances of Depository Institutions (continued)
Millions of dollars
Reserve Bank credit, related items, and                         Averages of daily figures         Wednesday  
reserve balances of depository institutions at             Week ended   Change from week ended    Aug 8, 2012
Federal Reserve Banks                                      Aug 8, 2012  Aug 1, 2012 Aug 10, 2011
 
Currency in circulation (13)                               1,115,296   +    3,263   +   81,832    1,116,875
Reverse repurchase agreements (14)                            93,098   +    3,217   +   18,519       91,505
  Foreign official and international accounts                 93,098   +    3,217   +   18,519       91,505
  Others                                                           0            0            0            0
Treasury cash holdings                                           124   +        3   -        3          128
Deposits with F.R. Banks, other than reserve balances         65,010   +    3,915   -   22,608       63,196
  Term deposits held by depository institutions                3,040            0   -    2,048        3,040
  U.S. Treasury, General Account                              35,622   -    6,480   +   12,197       26,113
  U.S. Treasury, Supplementary Financing Account                   0            0            0            0
  Foreign official                                             4,476   +    1,118   +    3,992        5,084
  Service-related                                                  0            0   -    2,490            0
    Required clearing balances                                     0            0   -    2,490            0
    Adjustments to compensate for float                            0            0            0            0
  Other                                                       21,871   +    9,277   -   34,259       28,960
Other liabilities and capital (15)                            68,930   -      314   -      839       67,814

Total factors, other than reserve balances,
   absorbing reserve funds                                 1,342,458   +   10,085   +   76,902    1,339,518

Reserve balances with Federal Reserve Banks                1,553,199   -    8,620   -   96,210    1,560,221
 
Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.
2. Face value of the securities.
3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed
   securities.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the
   remaining principal balance of the underlying mortgages.
5. Cash value of agreements.
6. Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the Term
   Asset-Backed Securities Loan Facility.
7. Refer to table 4 and the note on consolidation accompanying table 9.
8. Refer to table 5 and the note on consolidation accompanying table 9.
9.  Refer to table 6 and the note on consolidation accompanying table 9.
10. Refer to table 7 and the note on consolidation accompanying table 9.
11. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when
    the foreign currency is returned to the foreign central bank. This exchange rate equals the market
    exchange rate used when the foreign currency was acquired from the foreign central bank.
12. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange
    rates, and the fair value adjustment to credit extended by the FRBNY to eligible borrowers through the
    Term Asset-Backed Securities Loan Facility.
13. Estimated.
14. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt
    securities, and mortgage-backed securities.
15. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to
    entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only
    to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation
    accompanying table 9. Also includes the liability for interest on Federal Reserve notes due to U.S.
    Treasury. Refer to table 8 and table 9.

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.

 
1A. Memorandum Items
Millions of dollars
                                                                Averages of daily figures         Wednesday  
                                                           Week ended   Change from week ended    Aug 8, 2012
Memorandum item                                            Aug 8, 2012  Aug 1, 2012 Aug 10, 2011
 
Marketable securities held in custody for foreign
   official and international accounts (1)                 3,536,100   +    9,392   +   66,065    3,537,379
  U.S. Treasury securities                                 2,844,927   +    9,564   +  109,796    2,845,472
  Federal agency securities (2)                              691,173   -      172   -   43,731      691,907
Securities lent to dealers                                    10,902   +    1,495   -    8,107       10,813
  Overnight facility (3)                                      10,902   +    1,495   -    8,107       10,813
    U.S. Treasury securities                                  10,244   +    1,564   -    7,772       10,254
    Federal agency debt securities                               658   -       68   -      334          559
 
Note: Components may not sum to totals because of rounding.

1. Face value of the securities. Includes U.S. Treasury STRIPS and other zero-coupon bonds at face value and
   mortgage-backed securities at original face value.
2. Includes debt and mortgage-backed securities.
3. Fully collateralized by U.S. Treasury securities.

 
2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities,     August 8, 2012
Millions of dollars
                                       Within 15    16 days to   91 days to  Over 1 year  Over 5 years    Over 10        All     
Remaining maturity                        days       90 days       1 year     to 5 years   to 10 years     years    
 
Loans (1)                                     37          872        1,227        1,495            0           ...        3,631
U.S. Treasury securities (2)
  Holdings                                 8,206        4,383        5,942      502,090      779,572       352,222    1,652,416
  Weekly changes                               0   +        1   -    7,800   -        3   +    9,110    +    1,813   +    3,122
Federal agency debt securities (3)
  Holdings                                 3,819        5,308       15,381       58,424        5,750         2,347       91,029
  Weekly changes                      +    1,891   -    1,891            0            0            0             0            0
Mortgage-backed securities (4)
  Holdings                                     0            0            3            5          209       853,277      853,493
  Weekly changes                               0            0            0            0   +        3    +       12   +       15
Asset-backed securities held by
   TALF LLC (5)                                0            0            0            0            0             0            0
Repurchase agreements (6)                    600            0          ...          ...          ...           ...          600
Central bank liquidity swaps (7)          17,285       12,737            0            0            0             0       30,022

Reverse repurchase agreements (6)         91,505            0          ...          ...          ...           ...       91,505
Term deposits                              3,040            0            0          ...          ...           ...        3,040
 
Note: Components may not sum to totals because of rounding.
. . . Not applicable.

1. Excludes the loans from the Federal Reserve Bank of New York (FRBNY) to Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III
   LLC, and TALF LLC. The loans were eliminated when preparing the FRBNY's statement of condition consistent with consolidation
   under generally accepted accounting principles.
2. Face value. For inflation-indexed securities, includes the original face value and compensation that adjusts for the effect of
   inflation on the original face value of such securities.
3. Face value.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal
   balance of the underlying mortgages.
5. Face value of asset-backed securities held by TALF LLC, which is the remaining principal balance of the underlying assets.
6. Cash value of agreements.
7. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency
   is returned to the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was
   acquired from the foreign central bank.

 
3. Supplemental Information on Mortgage-Backed Securities
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                            Aug 8, 2012 
 
Mortgage-backed securities held outright (1)                                                                             853,493

Commitments to buy mortgage-backed securities (2)                                                                         45,232
Commitments to sell mortgage-backed securities (2)                                                                           950

Cash and cash equivalents (3)                                                                                                 16
 
1. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal
   balance of the underlying mortgages.
2. Current face value. Generally settle within 180 days and include commitments associated with outright transactions, dollar rolls,
   and coupon swaps.
3. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 8 and table 9.

 
4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                            Aug 8, 2012 
 
Net portfolio holdings of Maiden Lane LLC (1)                                                                              2,085

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                      0
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                           0
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)                                706
 
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
        June 30, 2012. Any assets purchased after this valuation date are initially recorded at cost until their estimated fair
   value as of the purchase date becomes available.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent
   with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.
3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities
   and accrued dividends in table 8 and table 9.

Note: On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC under the authority of
section 13(3) of the Federal Reserve Act. This limited liability company was formed to acquire certain assets of Bear Stearns and to
manage those assets through time to maximize repayment of the credit extended and to minimize disruption to financial markets.
Payments by Maiden Lane LLC from the proceeds of the net portfolio holdings will be made in the following order: operating expenses
of the LLC, principal due to the FRBNY, interest due to the FRBNY, principal due to JPMorgan Chase & Co., and interest due to
JPMorgan Chase & Co. Any remaining funds will be paid to the FRBNY.

 
5. Information on Principal Accounts of Maiden Lane II LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                            Aug 8, 2012 
 
Net portfolio holdings of Maiden Lane II LLC (1)                                                                              61

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                      0
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                           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
        June 30, 2012. Any assets purchased after this valuation date are initially recorded at cost until their estimated fair
   value as of the purchase date becomes available.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent
   with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.
3. Book value. The deferred payment represents the portion of the proceeds of the net portfolio holdings due to subsidiaries of
   American International Group, Inc. in accordance with the asset purchase agreement. The fair value of this payment and accrued
   interest payable are included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in table
   8 and table 9.

Note: On December 12, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane II LLC under the
authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase residential
mortgage-backed securities from the U.S. securities lending reinvestment portfolio of subsidiaries of American International Group,
Inc. (AIG subsidiaries). Payments by Maiden Lane II LLC from the proceeds of the net portfolio holdings will be made in the
following order: operating expenses of Maiden Lane II LLC, principal due to the FRBNY, interest due to the FRBNY, and deferred
payment and interest due to AIG subsidiaries. Any remaining funds will be shared by the FRBNY and AIG subsidiaries.

 
6. Information on Principal Accounts of Maiden Lane III LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                            Aug 8, 2012 
 
Net portfolio holdings of Maiden Lane III LLC (1)                                                                          7,411

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                      0
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                           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
        June 30, 2012. Any assets purchased after this valuation date are initially recorded at cost until their estimated fair
   value as of the purchase date becomes available.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent
   with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.
3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities
   and accrued dividends in table 8 and table 9.

Note: On November 25, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane III LLC under the
authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase multi-sector
collateralized debt obligations (CDOs) on which the Financial Products group of American International Group, Inc. (AIG) has written
credit default swap (CDS) contracts. In connection with the purchase of CDOs, the CDS counterparties will concurrently unwind the
related CDS transactions. Payments by Maiden Lane III LLC from the proceeds of the net portfolio holdings will be made in the
following order: operating expenses of Maiden Lane III LLC, principal due to the FRBNY, interest due to the FRBNY, principal due to
AIG, and interest due to AIG. Any remaining funds will be shared by the FRBNY and AIG.

 
7. Information on Principal Accounts of TALF LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                            Aug 8, 2012 
 
Asset-backed securities holdings (1)                                                                                           0
Other investments, net                                                                                                       848
Net portfolio holdings of TALF LLC                                                                                           848

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                      0
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                           0
Funding provided by U.S. Treasury to TALF LLC, including accrued interest payable (3)                                        112
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
   be conducted in an orderly market on the measurement date.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent
   with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.
3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities
   and accrued dividends in table 8 and table 9.

Note: On November 25, 2008, the Federal Reserve announced the creation of the Term Asset-Backed Securities Loan Facility (TALF)
under the authority of section 13(3) of the Federal Reserve Act. The TALF is a facility under which the Federal Reserve Bank of New
York (FRBNY) extends loans with a term of up to five years to holders of eligible asset-backed securities. The TALF is intended to
assist financial markets in accommodating the credit needs of consumers and businesses by facilitating the issuance of asset-backed
securities collateralized by a variety of consumer and business loans. The loans provided through the TALF to eligible borrowers are
non-recourse, meaning that the obligation of the borrower can be discharged by surrendering the collateral to the FRBNY. The loans
are extended for the market value of the security less an amount known as a haircut. As a result, the borrower bears the initial
risk of a decline in the value of the security.

TALF LLC is a limited liability company formed to purchase and manage any asset-backed securities received by the FRBNY in
connection with the decision of a borrower not to repay a TALF loan. TALF LLC has committed, for a fee, to purchase all asset-backed
securities received by the FRBNY in conjunction with a TALF loan at a price equal to the TALF loan plus accrued but unpaid interest.
Losses on asset-backed securities held by TALF LLC will be offset in the following order: by the commitment fees collected by TALF
LLC, by the interest received on investments of TALF LLC, by up to $1.4 billion in subordinated debt funding provided by the U.S.
Treasury, and finally, by senior debt funding provided by the FRBNY. Payments by TALF LLC from the proceeds of its net portfolio
holdings will be made in the following order: operating expenses of TALF LLC, principal due to the FRBNY, principal due to the U.S.
Treasury, interest due to the FRBNY, and interest due to the U.S. Treasury. Any remaining funds will be shared by the FRBNY and the
U.S. Treasury.

 
8. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
                                                       Eliminations from  Wednesday         Change since       
                                                        consolidation    Aug 8, 2012   Wednesday    Wednesday  
Assets, liabilities, and capital                                                       Aug 1, 2012 Aug 10, 2011
 
Assets
  Gold certificate account                                                  11,037             0            0
  Special drawing rights certificate account                                 5,200             0            0
  Coin                                                                       2,131    +       11   -       58
  Securities, repurchase agreements, and loans                           2,601,169    +    3,715   -   65,206
    Securities held outright (1)                                         2,596,938    +    3,137   -   57,524
      U.S. Treasury securities                                           1,652,416    +    3,122   +    7,673
        Bills (2)                                                                0             0   -   18,423
        Notes and bonds, nominal (2)                                     1,573,484    +    3,148   +   22,541
        Notes and bonds, inflation-indexed (2)                              69,086             0   +    3,138
        Inflation compensation (3)                                           9,846    -       26   +      417
      Federal agency debt securities (2)                                    91,029             0   -   21,406
      Mortgage-backed securities (4)                                       853,493    +       15   -   43,792
    Repurchase agreements (5)                                                  600    +      600   +      600
    Loans                                                                    3,631    -       22   -    8,282
  Net portfolio holdings of Maiden Lane LLC (6)                              2,085             0   -   18,737
  Net portfolio holdings of Maiden Lane II LLC (7)                              61             0   -   10,003
  Net portfolio holdings of Maiden Lane III LLC (8)                          7,411    +       34   -   14,211
  Net portfolio holdings of TALF LLC (9)                                       848             0   +       81
  Items in process of collection                             (56)               58    -      224   -       94
  Bank premises                                                              2,353    +        1   +      155
  Central bank liquidity swaps (10)                                         30,022    -    1,000   +   30,022
  Other assets (11)                                                        195,780    +    2,521   +   59,970

Total assets                                                 (56)        2,858,156    +    5,059   -   18,080
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

 
8. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
                                                       Eliminations from  Wednesday         Change since       
                                                        consolidation    Aug 8, 2012   Wednesday    Wednesday  
Assets, liabilities, and capital                                                       Aug 1, 2012 Aug 10, 2011
 
Liabilities
  Federal Reserve notes, net of F.R. Bank holdings                       1,074,524    +    1,933   +   81,733
  Reverse repurchase agreements (12)                                        91,505    +    1,699   -    5,302
  Deposits                                                    (0)        1,623,417    +    1,787   -   91,775
    Term deposits held by depository institutions                            3,040             0   -    2,048
    Other deposits held by depository institutions                       1,560,221    +   19,222   -   67,839
    U.S. Treasury, General Account                                          26,113    -   26,570   +   11,514
    U.S. Treasury, Supplementary Financing Account                               0             0            0
    Foreign official                                                         5,084    +      851   +    2,459
    Other                                                     (0)           28,960    +    8,285   -   35,860
  Deferred availability cash items                           (56)              896    +       12   -      547
  Other liabilities and accrued dividends (13)                              13,123    -      376   -    5,114

Total liabilities                                            (56)        2,803,464    +    5,054   -   21,006

Capital accounts
  Capital paid in                                                           27,346    +        2   +    1,463
  Surplus                                                                   27,346    +        2   +    1,463
  Other capital accounts                                                         0             0            0

Total capital                                                               54,691    +        3   +    2,925
 
Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.
2. Face value of the securities.
3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed
   securities.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the
   remaining principal balance of the underlying mortgages.
5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
6. Refer to table 4 and the note on consolidation accompanying table 9.
7. Refer to table 5 and the note on consolidation accompanying table 9.
8. Refer to table 6 and the note on consolidation accompanying table 9.
9.  Refer to table 7 and the note on consolidation accompanying table 9.
10. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when
    the foreign currency is returned to the foreign central bank. This exchange rate equals the market exchange
    rate used when the foreign currency was acquired from the foreign central bank.
11. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates
    and the fair value adjustment to credit extended by the Federal Reserve Bank of New York (FRBNY) to
    eligible borrowers through the Term Asset-Backed Securities Loan Facility.
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt
    securities, and mortgage-backed securities.
13. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to
    entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only to
    the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation
    accompanying table 9. Also includes the liability for interest on Federal Reserve notes due to U.S.
    Treasury.


 
9. Statement of Condition of Each Federal Reserve Bank,     August 8, 2012
Millions of dollars
                                               Total      Boston     New York   Philadelphia Cleveland   Richmond     Atlanta     Chicago    St. Louis  Minneapolis   Kansas      Dallas        San    
Assets, liabilities, and capital                                                                                                                                       City                  Francisco 
 
Assets
  Gold certificate account                      11,037         408       3,824         437         515         890       1,337         839         313         192         315         725       1,242
  Special drawing rights certificate acct.       5,200         196       1,818         210         237         412         654         424         150          90         153         282         574
  Coin                                           2,131          41          85         143         149         382         203         315          35          55         164         206         354
  Securities, repurchase agreements,
     and loans                               2,601,169      63,089   1,459,813      85,869      66,041     184,870     156,618     144,109      40,645      23,684      52,198     100,936     223,296
    Securities held outright (1)             2,596,938      63,075   1,455,985      85,849      66,025     184,828     156,577     144,067      40,601      23,609      52,174     100,905     223,244
      U.S. Treasury securities               1,652,416      40,134     926,434      54,625      42,012     117,605      99,629      91,669      25,834      15,022      33,198      64,205     142,049
        Bills (2)                                    0           0           0           0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                  1,652,416      40,134     926,434      54,625      42,012     117,605      99,629      91,669      25,834      15,022      33,198      64,205     142,049
      Federal agency debt securities (2)        91,029       2,211      51,036       3,009       2,314       6,479       5,488       5,050       1,423         828       1,829       3,537       7,825
      Mortgage-backed securities (4)           853,493      20,730     478,515      28,215      21,700      60,744      51,460      47,348      13,344       7,759      17,147      33,163      73,370
    Repurchase agreements (5)                      600          15         336          20          15          43          36          33           9           5          12          23          52
    Loans                                        3,631           0       3,492           0           0           0           5           9          35          70          12           8           0
  Net portfolio holdings of Maiden
     Lane LLC (6)                                2,085           0       2,085           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane II LLC (7)                                61           0          61           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane III LLC (8)                            7,411           0       7,411           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (9)           848           0         848           0           0           0           0           0           0           0           0           0           0
  Items in process of collection                   114           2           0          46          37           6         -46          11           5           7           3           7          36
  Bank premises                                  2,353         120         457          67         123         229         212         202         131         104         254         241         211
  Central bank liquidity swaps (10)             30,022       1,052       9,684       2,604       2,220       6,210       1,717         801         246         122         299         481       4,586
  Other assets (11)                            195,780       5,056     103,362       7,838       6,209      17,505      11,771      10,127       2,920       1,712       3,701       7,076      18,502
  Interdistrict settlement account                   0   +   6,707   -  29,238   -  12,813   -   1,516   -  10,880   +  24,965   +     637   +   2,814   +   1,516   -     511   -   2,239   +  20,559

Total assets                                 2,858,211      76,672   1,560,211      84,400      74,014     199,625     197,431     157,466      47,258      27,483      56,577     107,715     269,360
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

 
9. Statement of Condition of Each Federal Reserve Bank,     August 8, 2012 (continued)
Millions of dollars
                                               Total      Boston     New York   Philadelphia Cleveland   Richmond     Atlanta     Chicago    St. Louis  Minneapolis   Kansas      Dallas        San    
Assets, liabilities, and capital                                                                                                                                       City                  Francisco 
 
Liabilities
  Federal Reserve notes outstanding          1,279,094      46,141     444,417      47,147      61,797     102,312     173,079      94,264      37,533      22,584      36,701      77,989     135,130
    Less: Notes held by F.R. Banks             204,570       4,972      79,458       5,574       8,496      12,528      27,583      13,164       4,282       3,396       3,826      16,484      24,808
      Federal Reserve notes, net             1,074,524      41,169     364,959      41,573      53,300      89,784     145,496      81,100      33,251      19,188      32,875      61,505     110,322
  Reverse repurchase agreements (12)            91,505       2,222      51,303       3,025       2,326       6,513       5,517       5,076       1,431         832       1,838       3,555       7,866
  Deposits                                   1,623,417      30,361   1,117,267      35,077      13,815      91,661      42,643      69,200      11,919       6,943      21,090      41,370     142,070
    Term deposits held by depository
       institutions                              3,040           5       1,904         623           0         115           8           5           0          50         325           5           0
    Other deposits held by depository
       institutions                          1,560,221      30,345   1,055,447      34,440      13,812      91,380      42,628      69,169      11,918       6,892      20,764      41,361     142,063
    U.S. Treasury, General Account              26,113           0      26,113           0           0           0           0           0           0           0           0           0           0
    U.S. Treasury, Supplementary
       Financing Account                             0           0           0           0           0           0           0           0           0           0           0           0           0
    Foreign official                             5,084           1       5,057           3           3           8           2           1           0           0           0           1           6
    Other                                       28,960          10      28,747          10           0         158           4          25           0           0           1           3           1
  Deferred availability cash items                 952          34           0         102          60          23         170          24          29         147          31          70         261
  Interest on Federal Reserve notes due
     to U.S. Treasury (13)                       1,439          30         811          52          39         104          85          84          18          11          29          54         123
  Other liabilities and accrued
     dividends (14)                             11,684         195       8,417         245         230         592         417         375         164         134         164         273         479

Total liabilities                            2,803,520      74,012   1,542,757      80,073      69,772     188,677     194,328     155,860      46,810      27,254      56,027     106,828     261,122

Capital
  Capital paid in                               27,346       1,330       8,727       2,164       2,121       5,474       1,551         803         224         114         275         444       4,119
  Surplus                                       27,346       1,330       8,727       2,164       2,121       5,474       1,551         803         224         114         275         444       4,119
  Other capital                                      0           0           0           0           0           0           0           0           0           0           0           0           0

Total liabilities and capital                2,858,211      76,672   1,560,211      84,400      74,014     199,625     197,431     157,466      47,258      27,483      56,577     107,715     269,360
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

9. Statement of Condition of Each Federal Reserve Bank,     August 8, 2012 (continued)
1. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.
2. Face value of the securities.
3. Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such securities.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the underlying mortgages.
5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
6. Refer to table 4 and the note on consolidation below.
7. Refer to table 5 and the note on consolidation below.
8. Refer to table 6 and the note on consolidation below.
9.  Refer to table 7 and the note on consolidation below.
10. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals
    the market exchange rate used when the foreign currency was acquired from the foreign central bank.
11. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates and the fair value adjustment to credit extended by the Federal Reserve Bank of New York
    (FRBNY) to eligible	borrowers through the Term Asset-Backed Securities Loan Facility.
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.
13. 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.
14. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to entities other than the Federal Reserve Bank of New 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).

 
10. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
                                                                                            Wednesday   
Federal Reserve notes and collateral                                                        Aug 8, 2012 
 
Federal Reserve notes outstanding                                                          1,279,094
  Less: Notes held by F.R. Banks not subject to collateralization                            204,570
    Federal Reserve notes to be collateralized                                             1,074,524
Collateral held against Federal Reserve notes                                              1,074,524
  Gold certificate account                                                                    11,037
  Special drawing rights certificate account                                                   5,200
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                 1,058,287
  Other assets pledged                                                                             0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                     2,597,538
  Less: Face value of securities under reverse repurchase agreements                          78,049
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged      2,519,489
 
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.