FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                                    June 11, 2015


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  Jun 10, 2015 
Federal Reserve Banks                                     Jun 10, 2015  Jun 3, 2015 Jun 11, 2014              

Reserve Bank credit                                         4,428,598   +    1,654   +  134,940    4,429,437  
  Securities held outright (1)                              4,219,114   +       61   +  144,911    4,219,135  
    U.S. Treasury securities                                2,460,783   +       60   +   78,651    2,460,803  
      Bills (2)                                                     0            0            0            0  
      Notes and bonds, nominal (2)                          2,346,643            0   +   75,961    2,346,643  
      Notes and bonds, inflation-indexed (2)                   98,534            0   +    2,466       98,534  
      Inflation compensation (3)                               15,606   +       60   +      224       15,626  
    Federal agency debt securities (2)                         35,895            0   -    8,187       35,895  
    Mortgage-backed securities (4)                          1,722,436   +        1   +   74,447    1,722,437  
  Unamortized premiums on securities held outright (5)        199,076   -      336   -   10,108      198,952  
  Unamortized discounts on securities held outright (5)       -17,631   +       30   +      600      -17,620  
  Repurchase agreements (6)                                         0            0            0            0  
  Loans                                                           123   +       16   -       46          132  
    Primary credit                                                  6   -        7   -        3            2  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                               116   +       22   +       35          130  
    Term Asset-Backed Securities Loan Facility (7)                  0            0   -       79            0  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (8)                 1,699            0   +       45        1,696  
  Net portfolio holdings of Maiden Lane II LLC (9)                  0            0   -       63            0  
  Net portfolio holdings of Maiden Lane III LLC (9)                 0            0   -       22            0  
  Net portfolio holdings of TALF LLC (10)                           0            0   -       90            0  
  Float                                                          -390   -       65   +      209         -462  
  Central bank liquidity swaps (11)                                 0            0   -      174            0  
  Other Federal Reserve assets (12)                            26,607   +    1,948   -      322       27,604  
Foreign currency denominated assets (13)                       19,719   +      134   -    4,188       19,956  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (14)                             46,811   +       14   +      900       46,811  
                                                                                                              
Total factors supplying reserve funds                       4,511,369   +    1,802   +  131,652    4,512,446  

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  Jun 10, 2015 
Federal Reserve Banks                                     Jun 10, 2015  Jun 3, 2015 Jun 11, 2014              

Currency in circulation (14)                                 1,366,733   -    1,490   +   87,122    1,366,906 
Reverse repurchase agreements (15)                             231,199   -   54,198   +   24,281      226,199 
  Foreign official and international accounts                  147,319   -    5,003   +   44,958      145,746 
  Others                                                        83,880   -   49,196   -   20,677       80,453 
Treasury cash holdings                                             194   +       27   +        6          134 
Deposits with F.R. Banks, other than reserve balances          192,148   -  152,689   +   73,318      191,870 
  Term deposits held by depository institutions                      0   -  145,702   -   59,102            0 
  U.S. Treasury, General Account                               178,468   -    7,326   +  131,547      172,918 
  Foreign official                                               5,241   +        9   -      974        5,241 
  Other (16)                                                     8,439   +      330   +    1,847       13,711 
Other liabilities and capital (17)                              66,814   +      636   +    2,154       65,678 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  1,857,088   -  207,714   +  186,881    1,850,787 
                                                                                                              
Reserve balances with Federal Reserve Banks                  2,654,281   +  209,516   -   55,229    2,661,659 

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 6.                                    
9.  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. Refer to the
    note on consolidation accompanying table 6.                                                         
10. Refer to the note on consolidation accompanying table 6.                                                
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 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.                                                                                       
13. Revalued daily at current foreign currency exchange rates.                                              
14. Estimated.                                                                                              
15. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
16. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, and designated financial market utilities.                        
17. Includes the liability for interest on Federal Reserve notes due to U.S. Treasury.                      
                                                                                                            


Sources: Federal Reserve Banks and the U.S. Department of the Treasury.





1A. Memorandum Items
Millions of dollars
Memorandum item                                                  Averages of daily figures         Wednesday  
                                                           Week ended    Change from week ended  Jun 10, 2015 
                                                          Jun 10, 2015  Jun 3, 2015 Jun 11, 2014              

Securities held in custody for foreign official and       
     international accounts                                  3,356,798   +    3,188   +   48,740    3,360,437 
  Marketable U.S. Treasury securities (1)                    3,025,222   +    3,079   +   52,870    3,028,475 
  Federal agency debt and mortgage-backed securities (2)       287,515   +       40   -    6,725      287,816 
  Other securities (3)                                          44,061   +       69   +    2,594       44,145 
Securities lent to dealers                                      10,132   -      802   -    2,122       10,295 
  Overnight facility (4)                                        10,132   -      802   -    2,122       10,295 
    U.S. Treasury securities                                     9,930   -      729   -    1,518       10,144 
    Federal agency debt securities                                 202   -       72   -      605          151 

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, 5, and 6.     
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, June 10, 2015       

Millions of dollars
Remaining Maturity                     Within 15     16 days to    91 days to   Over 1 year   Over 5 year     Over 10         All      
                                          days        90 days        1 year      to 5 years   to 10 years      years                   

Loans                                           24           108             0             0             0           ...           132 
U.S. Treasury securities (1)                                                                                                           
  Holdings                                       0         1,289       129,567     1,098,748       586,954       644,244     2,460,803 
  Weekly changes                                 0             0             0    +        7    +       10    +       35    +       54 
Federal agency debt securities (2)                                                                                                     
  Holdings                                       0           802         9,997        22,749             0         2,347        35,895 
  Weekly changes                                 0             0             0             0             0             0             0 
Mortgage-backed securities (3)                                                                                                         
  Holdings                                       0             0             0            36         9,509     1,712,892     1,722,437 
  Weekly changes                                 0             0             0             0    +        7    -        5    +        1 
Repurchase agreements (4)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (5)                 0             0             0             0             0             0             0 
                                                                                                                                       
Reverse repurchase agreements (4)          226,199             0           ...           ...           ...           ...       226,199 
Term deposits                                    0             0             0           ...           ...           ...             0 

Note: Components may not sum to totals because of rounding.
...Not applicable.


1.  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.             
2.  Face value.                                                                                             
3.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
4.  Cash value of agreements.                                                                               
5.  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
Account name                                                                                                            Wednesday   
                                                                                                                      Jun 10, 2015  

Mortgage-backed securities held outright (1)                                                                             1,722,437  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                           54,595  
Commitments to sell mortgage-backed securities (2)                                                                               0  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                    9  



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 5       
    and table 6.                                                                                        




4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Jun 10, 2015  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,696  
                                                                                                                                    
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)                                    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 March 31, 2015. 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 6.                                                  
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 5 and table 6.                      


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. The remaining outstanding balances of the senior
loan from FRBNY to Maiden Lane LLC, and the subordinated loan from JPMorgan Chase & Co. to Maiden Lane LLC were
repaid in full, with interest.

                                                                          






5. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Jun 10, 2015   Wednesday    Wednesday  
                                                        consolidation                 Jun 3, 2015 Jun 11, 2014 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,829   +       34   -       51  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     4,400,599   -      231   +  131,698  
    Securities held outright (1)                                          4,219,135   +       55   +  141,249  
      U.S. Treasury securities                                            2,460,803   +       54   +   75,002  
        Bills (2)                                                                 0            0            0  
        Notes and bonds, nominal (2)                                      2,346,643            0   +   72,323  
        Notes and bonds, inflation-indexed (2)                               98,534            0   +    2,466  
        Inflation compensation (3)                                           15,626   +       54   +      212  
      Federal agency debt securities (2)                                     35,895            0   -    8,187  
      Mortgage-backed securities (4)                                      1,722,437   +        1   +   74,434  
    Unamortized premiums on securities held outright  
    (5)                                                                     198,952   -      324   -   10,149  
    Unamortized discounts on securities held outright 
    (5)                                                                     -17,620   +       30   +      649  
    Repurchase agreements (6)                                                     0            0            0  
    Loans                                                                       132   +        8   -       51  
  Net portfolio holdings of Maiden Lane LLC (7)                               1,696   -        4   +       42  
  Net portfolio holdings of Maiden Lane II LLC (8)                                0            0   -       63  
  Net portfolio holdings of Maiden Lane III LLC (8)                               0            0   -       22  
  Net portfolio holdings of TALF LLC (9)                                          0            0   -       90  
  Items in process of collection                                   (0)           82   +        2   -        2  
  Bank premises                                                               2,240   +        3   -       22  
  Central bank liquidity swaps (10)                                               0            0   -      174  
  Foreign currency denominated assets (11)                                   19,956   +      106   -    3,918  
  Other assets (12)                                                          25,367   +    2,736   -      296  
                                                                                                               
Total assets                                                       (0)    4,468,005   +    2,645   +  127,101  

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





5. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Jun 10, 2015   Wednesday    Wednesday  
                                                        consolidation                 Jun 3, 2015 Jun 11, 2014 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,322,053   -    1,730   +   85,992 
  Reverse repurchase agreements (13)                                         226,199   -   16,387   +   13,063 
  Deposits                                                          (0)    2,853,531   +   20,887   +   26,313 
    Term deposits held by depository institutions                                  0   -  145,702   -   59,102 
    Other deposits held by depository institutions                         2,661,661   +  171,617   -   47,581 
    U.S. Treasury, General Account                                           172,918   -   11,181   +  130,498 
    Foreign official                                                           5,241   +       10   -      705 
    Other (14)                                                      (0)       13,711   +    6,142   +    3,203 
  Deferred availability cash items                                  (0)          544   +      173   -      154 
  Other liabilities and accrued dividends (15)                                 7,427   -      299   -       54 
                                                                                                               
Total liabilities                                                   (0)    4,409,754   +    2,644   +  125,161 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             29,125            0   +      970 
  Surplus                                                                     29,125            0   +      970 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 58,251   +        1   +    1,941 

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 6.                                    
8.  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. Refer to the
    note on consolidation accompanying table 6.                                                         
9.  Refer to the note on consolidation accompanying table 6.                                                
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. Revalued daily at current foreign currency exchange rates.                                              
12. Includes accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable.                                                                                
13. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
14. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, and designated financial market utilities.                        
15. Includes the liability for interest on Federal Reserve notes due to U.S. Treasury.                      

 



6. Statement of Condition of Each Federal Reserve Bank, June 10, 2015
Millions of dollars
Assets, liabilities, and capital               Total       Boston     New York  Philadelphia  Cleveland    Richmond    Atlanta     Chicago    St. Louis  Minneapolis    Kansas      Dallas       San     
                                                                                                                                                                         City                 Francisco  

Assets                                                                                                                                                                                                   
  Gold certificate account                        11,037         347       3,709          340         505         783       1,600         734         299         171         288         891       1,370
  Special drawing rights certificate acct.         5,200         196       1,818          210         237         412         654         424         150          90         153         282         574
  Coin                                             1,829          33          61          126         126         292         195         268          26          46         147         193         315
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans                                 4,400,599     111,552   2,641,653      109,447     105,798     239,005     247,818     163,509      45,907      26,826      57,172     141,758     510,154
    Securities held outright (1)               4,219,135     106,953   2,532,797      104,937     101,438     229,156     237,588     156,760      43,999      25,659      54,809     135,912     489,126
      U.S. Treasury securities                 2,460,803      62,380   1,477,250       61,204      59,164     133,655     138,573      91,430      25,662      14,966      31,967      79,271     285,282
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    2,460,803      62,380   1,477,250       61,204      59,164     133,655     138,573      91,430      25,662      14,966      31,967      79,271     285,282
      Federal agency debt securities (2)          35,895         910      21,548          893         863       1,950       2,021       1,334         374         218         466       1,156       4,161
      Mortgage-backed securities (4)           1,722,437      43,663   1,034,000       42,840      41,411      93,552      96,994      63,996      17,962      10,475      22,375      55,485     199,683
    Unamortized premiums on securities held 
      outright (5)                               198,952       5,043     119,433        4,948       4,783      10,806      11,203       7,392       2,075       1,210       2,584       6,409      23,065
    Unamortized discounts on securities     
      held outright (5)                          -17,620        -447     -10,577         -438        -424        -957        -992        -655        -184        -107        -229        -568      -2,043
    Repurchase agreements (6)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                            132           2           0            0           0           0          19          12          17          64           8           5           6
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (7)                                  1,696           0       1,696            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane II LLC (8)                                   0           0           0            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane III LLC (8)                                  0           0           0            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (9)               0           0           0            0           0           0           0           0           0           0           0           0           0
  Items in process of collection                      82           0           0            0           0           0          81           0           0           1           0           0           0
  Bank premises                                    2,240         125         435           73         108         216         209         203         119          94         239         220         197
  Central bank liquidity swaps (10)                    0           0           0            0           0           0           0           0           0           0           0           0           0
  Foreign currency denominated                                                                                                                                                                           
     assets (11)                                  19,956         905       6,434        1,115       1,556       4,579       1,135         536         186          84         210         287       2,930
  Other assets (12)                               25,367         672      14,657          638         617       1,540       1,451         956         488         181         360         869       2,939
  Interdistrict settlement account                     0  +   10,620  -   93,089   +    3,757  +   28,172  +   16,474  -   11,342  +    4,088  +    4,309  +    4,156  +    3,272  +   10,857  +   18,727
                                                                                                                                                                                                         
Total assets                                   4,468,005     124,449   2,577,374      115,706     137,118     263,302     241,801     170,718      51,484      31,648      61,842     155,357     537,206

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





6. Statement of Condition of Each Federal Reserve Bank, June 10, 2015 (continued)
Millions of dollars
Assets, liabilities, and capital               Total       Boston     New York  Philadelphia Cleveland    Richmond    Atlanta     Chicago    St. Louis  Minneapolis    Kansas      Dallas       San     
                                                                                                                                                                        City                 Francisco  

Liabilities                                                                                                                                                                                             
  Federal Reserve notes outstanding            1,504,402      50,002     485,867      50,953      79,383     104,015     207,972     105,878      45,799      26,548      41,736     119,640     186,608
    Less: Notes held by F.R. Banks               182,349       5,593      63,938       5,137       9,387      12,168      23,258      11,436       4,893       2,794       4,825      14,204      24,716
      Federal Reserve notes, net               1,322,053      44,409     421,930      45,817      69,995      91,847     184,715      94,442      40,906      23,754      36,911     105,436     161,892
  Reverse repurchase agreements (13)             226,199       5,734     135,790       5,626       5,438      12,286      12,738       8,404       2,359       1,376       2,938       7,287      26,223
  Deposits                                     2,853,531      71,469   1,997,042      60,633      56,899     145,257      40,353      65,942       7,495       5,812      21,235      41,514     339,880
    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                           2,661,661      71,465   1,805,366      60,631      56,896     145,136      40,343      65,939       7,459       5,812      21,234      41,508     339,872
    U.S. Treasury, General Account               172,918           0     172,918           0           0           0           0           0           0           0           0           0           0
    Foreign official                               5,241           2       5,214           2           3           9           2           1           0           0           0           1           6
    Other (14)                                    13,711           2      13,544           0           0         111           7           2          36           0           1           5           2
  Deferred availability cash items                   544           0           0           0           0           0         240           0           0         304           0           0           0
  Interest on Federal Reserve notes due     
     to U.S. Treasury (15)                         2,285          56       1,393          57          56         131         124          81          19          11          26          69         262
  Other liabilities and accrued             
     dividends                                     5,143         178       2,198         225         245         635         350         269         142         135         125         193         449
                                                                                                                                                                                                        
Total liabilities                              4,409,754     121,846   2,558,354     112,357     132,632     250,155     238,519     169,138      50,920      31,392      61,236     154,498     528,707
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 29,125       1,302       9,510       1,675       2,243       6,573       1,641         790         282         128         303         430       4,250
  Surplus                                         29,125       1,302       9,510       1,675       2,243       6,573       1,641         790         282         128         303         430       4,250
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  4,468,005     124,449   2,577,374     115,706     137,118     263,302     241,801     170,718      51,484      31,648      61,842     155,357     537,206

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





6. Statement of Condition of Each Federal Reserve Bank, June 10, 2015 (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.  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. Refer       
    to the note on consolidation below.                                                                                                                                                                 
9.  Refer to 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. Revalued daily at current foreign currency exchange rates.                                                                                                                                              
12. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.                                                                                   
13. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.                                                         
14. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, and designated financial market utilities.                               
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.                                                                                                                                                   
                                                                                                                                                                                                            


Note on consolidation:

The Federal Reserve Bank of New York (FRBNY) 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 June 14, 2012, the remaining outstanding balance of the senior loan from FRBNY to Maiden Lane LLC
was repaid in full, with interest. On November 15, 2012, the remaining outstanding balance of the subordinated loan from JPMorgan Chase & Co. to Maiden Lane LLC was repaid in full, with
interest. 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. had written credit default swap contracts. On June 14, 2012, the loan from FRBNY to Maiden Lane III was repaid in full, with interest. 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 March 1, 2012, the loan from FRBNY to Maiden Lane II was repaid in full, with interest. 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. On January 15, 2013 the FRBNY's commitment to extend credit to TALF LLC was eliminated.                                                 

The FRBNY was the primary beneficiary of TALF LLC, because of the two beneficiaries of the LLC, the FRBNY and the U.S. Treasury, the FRBNY was primarily responsible for directing the
financial activities of TALF LLC. The FRBNY was the primary beneficiary of the other LLCs cited above because it received a majority of any residual returns of the LLCs and absorbed a majority of any
residual losses of the LLCs. Consistent with generally accepted accounting principles, the assets and liabilities of these LLCs were 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 were eliminated, the net
assets of the LLCs appeared as assets on the previous page (and in table 1 and table 5), and the liabilities of the LLCs to entities other than the FRBNY, including those with recourse only to
the portfolio holdings of the LLCs, were included in other liabilities in this table (and table 1 and table 5).

                                                                           



7. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Federal Reserve notes and collateral                                                        Wednesday   
                                                                                          Jun 10, 2015  

Federal Reserve notes outstanding                                                            1,504,402  
  Less: Notes held by F.R. Banks not subject to collateralization                              182,349  
    Federal Reserve notes to be collateralized                                               1,322,053  
Collateral held against Federal Reserve notes                                                1,322,053  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,305,816  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       4,219,135  
  Less: Face value of securities under reverse repurchase agreements                           213,006  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        4,006,129  

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.