FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and

Condition Statement of Federal Reserve Banks September 16, 2010

1. Factors Affecting Reserve Balances of Depository Institutions

Millions of dollars

Averages of daily figures Wednesday

Sep 15, 2010 Week ended

Sep 15, 2010

Change from week ended

 Sep 8, 2010 Sep 16, 2009

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Reserve Bank credit 2,289,286 + 2,676 + 200,650 2,278,765

Securities held outright1 2,049,742 + 2,500 + 516,995 2,041,399

U.S. Treasury securities 792,024 + 4,452 + 33,971 794,646

Bills2 18,423 0 0 18,423

Notes and bonds, nominal2 726,495 + 4,435 + 37,177 729,023

Notes and bonds, inflation-indexed2 41,676 + 16 - 2,912 41,768

Inflation compensation3 5,431 + 2 - 294 5,432

Federal agency debt securities2 156,112 - 390 + 32,120 154,519

Mortgage-backed securities4 1,101,606 - 1,562 + 450,904 1,092,234

Repurchase agreements5 0 0 0 0

Term auction credit 0 0 - 196,020 0

Other loans 52,794 - 735 - 58,696 52,598

Primary credit 29 0 - 28,652 24

Secondary credit 0 0 - 561 0

Seasonal credit 79 - 3 - 34 80

Asset-Backed Commercial Paper Money Market

Mutual Fund Liquidity Facility 0 0 - 79 0

Credit extended to American International

Group, Inc., net6 19,877 - 131 - 19,551 19,882

Term Asset-Backed Securities Loan Facility7 32,807 - 603 - 9,822 32,612

Other credit extensions 0 0 0 0

Net portfolio holdings of Commercial Paper

Funding Facility LLC8 0 0 - 44,779 0

Net portfolio holdings of Maiden Lane LLC9 28,980 - 70 + 2,866 28,438

Net portfolio holdings of Maiden Lane II LLC10 15,815 - 152 + 1,176 15,820

Net portfolio holdings of Maiden Lane III LLC11 23,002 - 219 + 2,486 23,021

Net portfolio holdings of TALF LLC12 575 0 + 575 575

Preferred interests in AIA Aurora LLC and ALICO

Holdings LLC13 25,733 0 + 25,733 25,733

Float -1,847 + 42 + 213 -1,966

Central bank liquidity swaps14 61 - 3 - 61,040 61

Other Federal Reserve assets15 94,433 + 1,315 + 11,143 93,088

Gold stock 11,041 0 0 11,041

Special drawing rights certificate account 5,200 0 + 3,000 5,200

Treasury currency outstanding16 43,359 + 14 + 804 43,359

Total factors supplying reserve funds 2,348,886 + 2,690 + 204,453 2,338,365

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1

1. Factors Affecting Reserve Balances of Depository Institutions (continued)

Millions of dollars

Averages of daily figures Wednesday

Sep 15, 2010 Week ended

Sep 15, 2010

Change from week ended

 Sep 8, 2010 Sep 16, 2009

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Currency in circulation16 952,213 - 1,613 + 37,776 952,287

Reverse repurchase agreements17 60,408 + 2,450 - 6,543 59,924

Foreign official and international accounts 60,408 + 2,450 - 6,543 59,924

Dealers 0 0 0 0

Treasury cash holdings 242 - 4 - 24 247

Deposits with F.R. Banks, other than reserve balances 236,693 + 6,241 + 1,721 322,275

Term deposits held by depository institutions 2,119 0 + 2,119 2,119

U.S. Treasury, general account 22,341 - 721 - 3,005 114,568

U.S. Treasury, supplementary financing account 199,960 + 3 + 28 199,960

Foreign official 2,399 - 83 + 41 2,792

Service-related 2,430 - 3 - 1,436 2,430

Required clearing balances 2,430 - 3 - 1,436 2,430

Adjustments to compensate for float 0 0 0 0

Other 7,444 + 7,045 + 3,974 407

Other liabilities and capital18 72,362 - 53 + 12,266 71,453

Total factors, other than reserve balances,

absorbing reserve funds 1,321,917 + 7,020 + 45,195 1,406,187

Reserve balances with Federal Reserve Banks 1,026,969 - 4,330 + 159,258 932,178

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

1. Includes securities lent to dealers under the overnight and term securities lending facilities; 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 outstanding principal and capitalized interest net of unamortized deferred commitment fees and allowance for loan restructuring.

Excludes credit extended to consolidated LLCs.

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

8. Includes the book value of the commercial paper, net of amortized costs and related fees, and other investments held by the Commercial Paper

Funding Facility LLC.

9. Refer to table 4 and the note on consolidation accompanying table 10.

10.Refer to table 5 and the note on consolidation accompanying table 10.

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

12.Refer to table 7 and the note on consolidation accompanying table 10.

13.Refer to table 8.

14.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.

15.Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates, accrued dividends on the Federal

Reserve Bank of New York’s (FRBNY) preferred interests in AIA Aurora LLC and ALICO Holdings LLC, and the fair value adjustment to credit

extended by the FRBNY to eligible borrowers through the Term Asset-Backed Securities Loan Facility.

16.Estimated.

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

18.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 10.

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.
H.4.1

1A. Memorandum Items

Millions of dollars

Averages of daily figures Wednesday

Sep 15, 2010 Week ended

Sep 15, 2010

Change from week ended

 Sep 8, 2010 Sep 16, 2009

Memorandum item

Marketable securities held in custody for foreign

official and international accounts1 3,209,722 - 11,001 + 366,921 3,196,296

U.S. Treasury securities 2,413,653 + 7,429 + 344,859 2,443,776

Federal agency securities2 796,069 - 18,430 + 22,062 752,520

Securities lent to dealers 7,217 + 344 - 2,666 7,307

Overnight facility3 7,217 + 344 - 2,666 7,307

U.S. Treasury securities 5,868 + 385 - 3,781 5,803

Federal agency debt securities 1,349 - 42 + 1,115 1,504

Term facility4 0 0 0 0

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

1. Face value of the securities. Includes U.S. Treasury STRIPS, other zero-coupon bonds, and mortgage-backed securities at face value.

2. Includes debt and mortgage-backed securities.

3. Fully collateralized by U.S. Treasury securities.

4. U.S. Treasury securities only. Fully collateralized by U.S. Treasury securities, federal agency securities, and other highly rated debt securities.

2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, September 15, 2010

Millions of dollars

Within 15

days

16 days to

90 days

91 days to

1 year

Over 1 year

to 5 years

Over 5 years

to 10 years

Over 10

years

Remaining maturity All

Other loans1 74 31 0 52,494 0 ... 52,598

U.S. Treasury securities2

Holdings 15,288 14,994 52,787 345,293 225,683 140,601 794,646

Weekly changes - 186 - 647 + 1 + 1,707 + 3,736 + 142 + 4,752

Federal agency debt securities3

Holdings 414 5,927 38,549 74,536 32,746 2,347 154,519

Weekly changes - 1,983 0 + 147 - 147 0 0 - 1,983

Mortgage-backed securities4

Holdings 0 0 0 29 21 1,092,184 1,092,234

Weekly changes 0 0 0 0 0 - 10,934 - 10,934

Asset-backed securities held by

TALF LLC5 0 0 0 0 0 0 0

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

Central bank liquidity swaps7 60 1 0 0 0 0 61

Reverse repurchase agreements6 59,924 0 ... ... ... ... 59,924

Term deposits 0 2,119 0 ... ... ... 2,119

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.
H.4.1

3. Supplemental Information on Mortgage-Backed Securities Purchase Program

Millions of dollars

Wednesday

Sep 15, 2010 Account name

Mortgage-backed securities held outright1 1,092,234

Commitments to buy mortgage-backed securities2 0

Commitments to sell mortgage-backed securities2 0

Cash and cash equivalents3 2

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 9 and table 10.

4. Information on Principal Accounts of Maiden Lane LLC

Millions of dollars

Wednesday

Sep 15, 2010 Account name

Net portfolio holdings of Maiden Lane LLC1 28,438

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 27,639

Accrued interest payable to the Federal Reserve Bank of New York2 558

Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co.3 1,295

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, 2010. 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 10.

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 9 and table 10.

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

Sep 15, 2010 Account name

Net portfolio holdings of Maiden Lane II LLC1 15,820

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 13,656

Accrued interest payable to the Federal Reserve Bank of New York2 401

Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc.3 1,061

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, 2010. 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 10.

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 9 and table 10.

Note: On December 12, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane II LLC under the authority

of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase residential mortgage-backed securities from the

U.S. securities lending reinvestment portfolio of subsidiaries of American International Group, Inc. (AIG subsidiaries). Payments by Maiden Lane II

LLC from the proceeds of the net portfolio holdings will be made in the following order: operating expenses of Maiden Lane II LLC, principal due to

the FRBNY, interest due to the FRBNY, and deferred payment and interest due to AIG subsidiaries. Any remaining funds will be shared by the

FRBNY and AIG subsidiaries.
H.4.1

6. Information on Principal Accounts of Maiden Lane III LLC

Millions of dollars

Wednesday

Sep 15, 2010 Account name

Net portfolio holdings of Maiden Lane III LLC1 23,021

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 14,638

Accrued interest payable to the Federal Reserve Bank of New York2 492

Outstanding principal amount and accrued interest on loan payable to American International Group, Inc.3 5,315

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, 2010. 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 10.

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 9 and table 10.

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

Sep 15, 2010 Account name

Asset-backed securities holdings1 0

Other investments, net 575

Net portfolio holdings of TALF LLC 575

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 0

Accrued interest payable to the Federal Reserve Bank of New York2 0

Funding provided by U.S. Treasury to TALF LLC, including accrued interest payable3 105

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 10.

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 9

and table 10.

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 $4.3 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.
H.4.1

8. Supplemental Information on the Federal Reserve Bank of New York’s Preferred Interests in

AIA Aurora LLC and ALICO Holdings LLC

Millions of dollars

Wednesday

Sep 15, 2010 Account name

Preferred interests in AIA Aurora LLC and ALICO Holdings LLC1 25,733

Accrued dividends on preferred interests in AIA Aurora LLC and ALICO Holdings LLC2 271

Preferred interests in AIA Aurora LLC1 16,469

Accrued dividends on preferred interests in AIA Aurora LLC2 174

Preferred interests in ALICO Holdings LLC1 9,264

Accrued dividends on preferred interests in ALICO Holdings LLC2 98

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

1. Book value.

2. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 9 and table 10.

Note on preferred interests:

In conjunction with the restructuring of the government’s assistance to American International Group, Inc. (AIG) announced March 2, 2009, the

outstanding balance and amount available of revolving credit provided to AIG by the FRBNY has been reduced in exchange for preferred interests in two

special purpose vehicles, AIA Aurora LLC and ALICO Holdings LLC. These two limited liability companies were created to directly or indirectly hold all

of the outstanding common stock of American International Assurance Company Ltd. (AIA) and American Life Insurance Company (ALICO), two life

insurance subsidiaries of AIG. AIG will retain control of AIA Aurora LLC and ALICO Holdings LLC, and the FRBNY will have certain consent, disposition,

and conversion rights with respect to its preferred interests.

Dividends accrue as a percentage of the FRBNY’s preferred interests in AIA Aurora LLC and ALICO Holdings LLC. On a quarterly basis, the accrued

dividends are capitalized and added to the FRBNY’s preferred interests in AIA Aurora LLC and ALICO Holdings LLC.
H.4.1

9. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Eliminations from

consolidation

Wednesday

Sep 15, 2010

Change since

Wednesday

 Sep 8, 2010

Wednesday

Sep 16, 2009

Assets, liabilities, and capital

Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 5,200 0 + 3,000

Coin 2,086 + 19 + 149

Securities, repurchase agreements, term auction

credit, and other loans 2,093,996 - 8,505 + 216,079

Securities held outright1 2,041,399 - 8,165 + 471,381

U.S. Treasury securities 794,646 + 4,752 + 34,843

Bills2 18,423 0 0

Notes and bonds, nominal2 729,023 + 4,642 + 37,949

Notes and bonds, inflation-indexed2 41,768 + 108 - 2,820

Inflation compensation3 5,432 + 2 - 286

Federal agency debt securities2 154,519 - 1,983 + 29,360

Mortgage-backed securities4 1,092,234 - 10,934 + 407,178

Repurchase agreements5 0 0 0

Term auction credit 0 0 - 196,020

Other loans 52,598 - 339 - 59,281

Net portfolio holdings of Commercial Paper

Funding Facility LLC6 0 0 - 42,974

Net portfolio holdings of Maiden Lane LLC7 28,438 - 632 + 2,292

Net portfolio holdings of Maiden Lane II LLC8 15,820 + 6 + 1,171

Net portfolio holdings of Maiden Lane III LLC9 23,021 + 22 + 2,476

Net portfolio holdings of TALF LLC10 575 0 + 575

Preferred interests in AIA Aurora LLC and ALICO

Holdings LLC11 25,733 0 + 25,733

Items in process of collection (93) 301 - 111 + 88

Bank premises 2,226 + 3 + 8

Central bank liquidity swaps12 61 - 3 - 61,040

Other assets13 90,855 - 545 + 8,889

Total assets (93) 2,299,348 - 9,746 + 156,445

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1

9. Consolidated Statement of Condition of All Federal Reserve Banks (continued)

Millions of dollars

Eliminations from

consolidation

Wednesday

Sep 15, 2010

Change since

Wednesday

 Sep 8, 2010

Wednesday

Sep 16, 2009

Assets, liabilities, and capital

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 911,257 - 2,430 + 37,317

Reverse repurchase agreements14 59,924 + 1,122 - 9,010

Deposits (0) 1,254,446 - 7,392 + 116,588

Term deposits held by depository institutions 2,119 0 + 2,119

Other deposits held by depository institutions 934,600 - 117,803 + 71,773

U.S. Treasury, general account 114,568 + 109,709 + 42,169

U.S. Treasury, supplementary financing account 199,960 + 3 + 28

Foreign official 2,792 + 671 + 423

Other (0) 407 + 29 + 77

Deferred availability cash items (93) 2,268 - 855 - 303

Other liabilities and accrued dividends15 14,929 - 100 + 6,608

Total liabilities (93) 2,242,824 - 9,655 + 151,201

Capital accounts

Capital paid in 26,673 - 2 + 1,798

Surplus 25,863 + 6 + 4,507

Other capital accounts 3,988 - 95 - 1,061

Total capital 56,524 - 91 + 5,244

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

1. Includes securities lent to dealers under the overnight and term securities lending facilities; 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. Includes the book value of the commercial paper, net of amortized costs and related fees, and other investments held by the Commercial Paper

Funding Facility LLC.

7. Refer to table 4 and the note on consolidation accompanying table 10.

8. Refer to table 5 and the note on consolidation accompanying table 10.

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

10.Refer to table 7 and the note on consolidation accompanying table 10.

11.Refer to table 8.

12.Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to

the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was acquired from the foreign

central bank.

13.Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates, accrued dividends on the Federal

Reserve Bank of New York’s (FRBNY) preferred interests in AIA Aurora LLC and ALICO Holdings LLC, and the fair value adjustment to credit

extended by the FRBNY to eligible borrowers through the Term Asset-Backed Securities Loan Facility.

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 10.
H.4.1

10. Statement of Condition of Each Federal Reserve Bank, September 15, 2010Millions of dollars

Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minn

Assets, liabilities, and capital

Assets

Gold certificate account 11,037 369 4,038 404 463 846 1,385 887 324 Special drawing rights certificate acct. 5,200 196 1,818 210 237 412 654 424 150 Coin 2,086 62 68 167 152 308 203 321 29 Securities, repurchase agreements,

term auction credit, and otherloans 2,093,996 51,661 885,493 47,674 69,358 232,493 193,183 153,910 52,611 

Securities held outright1 2,041,399 51,661 832,999 47,673 69,358 232,493 193,173 153,894 52,583 

U.S. Treasury securities 794,646 20,110 324,258 18,557 26,999 90,502 75,195 59,905 20,469 

Bills2 18,423 466 7,517 430 626 2,098 1,743 1,389 475 Notes and bonds3 776,223 19,644 316,740 18,127 26,373 88,403 73,452 58,517 19,994 

Federal agency debt securities2 154,519 3,910 63,052 3,608 5,250 17,598 14,622 11,649 3,980 

Mortgage-backed securities4 1,092,234 27,641 445,689 25,507 37,109 124,394 103,355 82,339 28,134 

Repurchase agreements5 0 0 0 0 0 0 0 0 0 Term auction credit 0 0 0 0 0 0 0 0 0 Other loans 52,598 0 52,495 2 0 0 10 17 28 

Net portfolio holdings of Commercial

Paper Funding Facility LLC6 0 0 0 0 0 0 0 0 0 

Net portfolio holdings of Maiden

Lane LLC7 28,438 0 28,438 0 0 0 0 0 0 

Net portfolio holdings of Maiden

Lane II LLC8 15,820 0 15,820 0 0 0 0 0 0 

Net portfolio holdings of Maiden

Lane III LLC9 23,021 0 23,021 0 0 0 0 0 0 

Net portfolio holdings of TALF LLC10 575 0 575 0 0 0 0 0 0 

Preferred interests in AIA Aurora LLC

and ALICO Holdings LLC11 25,733 0 25,733 0 0 0 0 0 0 

Items in process of collection 394 17 1 24 116 8 50 36 21 Bank premises 2,226 125 256 69 142 238 218 210 135 Central bank liquidity swaps12 61 2 18 7 5 17 4 1 1 Other assets13 90,855 2,595 34,371 4,277 4,084 14,450 7,699 5,493 1,929 Interdistrict settlement account 0 + 3,922 + 86,424 + 26,964 - 13,956 + 8,591 - 41,570 - 37,183 - 12,763 + 

Total assets 2,299,441 58,950 1,106,072 79,796 60,601 257,364 161,825 124,100 42,436 

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1

10. Statement of Condition of Each Federal Reserve Bank, September 15, 2010 (continued)Millions of dollars

Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minn

Assets, liabilities, and capital

Liabilities

Federal Reserve notes outstanding 1,136,279 41,139 388,028 46,242 46,537 90,496 143,827 88,494 33,331 

Less: Notes held by F.R. Banks 225,022 4,166 94,405 5,290 9,299 14,562 30,327 13,241 4,551 

Federal Reserve notes, net 911,257 36,973 293,623 40,952 37,238 75,934 113,500 75,253 28,780 

Reverse repurchase agreements14 59,924 1,516 24,452 1,399 2,036 6,825 5,670 4,517 1,544 

Deposits 1,254,446 18,288 760,843 31,300 16,644 161,033 38,740 42,286 11,361 

Term deposits held by depository

institutions 2,119 27 886 0 15 96 161 506 0 

Other deposits held by depository

institutions 934,600 18,226 442,453 31,296 16,625 160,856 38,577 41,708 11,352 

U.S. Treasury, general account 114,568 0 114,568 0 0 0 0 0 0 U.S. Treasury, supplementary

financing account 199,960 0 199,960 0 0 0 0 0 0 

Foreign official 2,792 1 2,764 4 3 11 2 1 0 Other 407 34 213 0 1 70 0 71 8 

Deferred availability cash items 2,361 82 0 227 535 104 142 184 75 Other liabilities and accrued

dividends15 14,929 195 11,231 225 254 735 516 426 188 

Total liabilities 2,242,917 57,055 1,090,150 74,104 56,707 244,631 158,568 122,667 41,946 Capital

Capital paid in 26,673 916 7,653 2,829 1,924 5,435 1,551 668 217 Surplus 25,863 946 7,659 2,804 1,911 7,141 1,581 621 239 Other capital 3,988 34 611 60 60 157 126 145 34 

Total liabilities and capital 2,299,441 58,950 1,106,072 79,796 60,601 257,364 161,825 124,100 42,436 

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1

10. Statement of Condition of Each Federal Reserve Bank, September 15, 2010 (continued)1. Includes securities lent to dealers under the overnight and term securities lending facilities; 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 securitie4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the underlying mort5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.6. Includes the book value of the commercial paper, net of amortized costs and related fees, and other investments held by the Commercial Paper Funding Facilit7. Refer to table 4 and the note on consolidation below.8. Refer to table 5 and the note on consolidation below.9. Refer to table 6 and the note on consolidation below.10.Refer to table 7 and the note on consolidation below.11.Refer to table 8.12.Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign centr

equals the market exchange rate used when the foreign currency was acquired from the foreign central bank.

13.Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates, accrued dividends on the Federal Reserve Bank o

preferred interests in AIA Aurora LLC and ALICO Holdings LLC, and the fair value adjustment to credit extended by the FRBNY to eligible borrowers through thLoan Facility.

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 

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 Resewas 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 multi-sector collateralized debt obligations on which the Financial Products group of the American International Group, Inc. has written credit default swap contractwas extended to Maiden Lane II LLC, which was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment portfolio 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 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 FacilitThe 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 respoTALF 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 Consistent with generally accepted accounting principles, the assets and liabilities of these LLCs have been consolidated with the assets and liabilities of the FRBNcondition 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 (and in table 1 and table 9), and the liabilities of the LLCs to entities other than the FRBNY, including those with recourse only to the portfolio holdings of the LLCsin this table (and table 1 and table 9).
H.4.1

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

Millions of dollars

Wednesday

Sep 15, 2010 Federal Reserve notes and collateral

Federal Reserve notes outstanding 1,136,279

Less: Notes held by F.R. Banks not subject to collateralization 225,022

Federal Reserve notes to be collateralized 911,257

Collateral held against Federal Reserve notes 911,257

Gold certificate account 11,037

Special drawing rights certificate account 5,200

U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 895,020

Other assets pledged 0

Memo:

Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 2,041,399

Less: Face value of securities under reverse repurchase agreements 51,727

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 1,989,672

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 and term securities lending facilities; refer to table 1A.