FEDERAL RESERVE statistical release

For Release at

4:30 P.M. EDT 

June 12, 2014

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

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

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

The revised data are reported at the following 

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

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

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

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and 

Condition Statement of Federal Reserve Banks April 4, 2013

1. Factors Affecting Reserve Balances of Depository Institutions

Millions of dollars

Averages of daily figures

Change from week ended

Reserve Bank credit, related items, and

reserve balances of depository institutions at 

Federal Reserve Banks

Week ended

Apr 3, 2013 Mar 27, 2013 Apr 4, 2012

Wednesday

Apr 3, 2013

Reserve Bank credit 3,190,711 + 3,313 + 347,747 3,197,859

Securities held outright1 2,942,620 + 2,430 + 344,558 2,949,036

U.S. Treasury securities 1,799,240 + 10,852 + 134,447 1,805,639

Bills2 0 0 - 18,423 0

Notes and bonds, nominal2 1,709,448 + 10,778 + 141,170 1,715,791

Notes and bonds, inflation-indexed2 78,879 0 + 10,019 78,879

Inflation compensation3 10,913 + 73 + 1,681 10,969

Federal agency debt securities2 72,423 0 - 24,055 72,423

Mortgage-backed securities4 1,070,957 - 8,422 + 234,165 1,070,974

Repurchase agreements5 0 0 0 0

Loans 392 + 2 - 6,678 394

Primary credit 8 0 - 2 6

Secondary credit 0 0 0 0

Seasonal credit 2 + 2 - 2 6

Term Asset-Backed Securities Loan Facility6 382 0 - 6,674 382

Other credit extensions 0 0 0 0

Net portfolio holdings of Maiden Lane LLC7 1,402 0 - 4,039 1,402

Net portfolio holdings of Maiden Lane II LLC8 64 0 + 45 64

Net portfolio holdings of Maiden Lane III LLC9 22 0 - 17,444 22

Net portfolio holdings of TALF LLC10 399 0 - 432 399

Float -676 - 63 + 358 -752

Central bank liquidity swaps11 8,056 - 209 - 38,426 8,056

Other Federal Reserve assets12 238,433 + 1,154 + 69,805 239,238

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding13 44,933 + 14 + 544 44,933

Total factors supplying reserve funds 3,251,885 + 3,327 + 348,291 3,259,033

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

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

Millions of dollars

Averages of daily figures

Change from week ended

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Week ended

Apr 3, 2013 Mar 27, 2013 Apr 4, 2012

Wednesday

Apr 3, 2013

Currency in circulation13 1,177,749 + 2,840 + 78,272 1,179,564

Reverse repurchase agreements14 100,156 + 8,524 + 10,634 94,167

Foreign official and international accounts 100,119 + 8,487 + 10,597 93,907

Others 37 + 37 + 37 260

Treasury cash holdings 230 + 4 + 81 219

Deposits with F.R. Banks, other than reserve balances 105,619 - 32,986 + 13,654 80,588

Term deposits held by depository institutions 3,045 0 - 12 3,045

U.S. Treasury, General Account 76,144 + 8,125 + 21,245 60,060

Foreign official 9,189 + 75 + 9,062 9,186

Service-related 0 0 - 1,937 0

Required clearing balances 0 0 - 1,937 0

Adjustments to compensate for float 0 0 0 0

Other 17,240 - 41,187 - 14,705 8,298

Other liabilities and capital15 67,031 + 214 - 6,841 66,666

Total factors, other than reserve balances,

absorbing reserve funds 1,450,784 - 21,405 + 95,800 1,421,204

Reserve balances with Federal Reserve Banks 1,801,101 + 24,732 + 252,491 1,837,830

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.
H.4.1

1A. Memorandum Items

Millions of dollars

Averages of daily figures

Memorandum item Week ended Change from week ended

Apr 3, 2013 Mar 27, 2013 Apr 4, 2012

Wednesday

Apr 3, 2013

Securities held in custody for foreign official and international

accounts 3,295,463 + 4,133 + 193,051 3,293,207

Marketable U.S. Treasury securities1 2,956,840 + 5,773 + 281,089 2,954,614

Federal agency debt and mortgage-backed securities2 300,621 - 1,674 - 88,223 300,607

Other securities3 38,003 + 36 + 186 37,986

Securities lent to dealers 23,770 + 6,706 + 3,165 18,130

Overnight facility4 23,770 + 6,706 + 3,165 18,130

U.S. Treasury securities 22,674 + 6,688 + 2,857 17,155

Federal agency debt securities 1,095 + 17 + 307 975

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

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

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

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

underlying mortgages.

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, April 3, 2013

Millions of dollars

Remaining Maturity Within 15

days

16 days to

90 days

91 days to

1 year

Over 1 year

to 5 years

Over 5 year

to 10 years

Over 10

years

All

Loans1 6 6 0 382 0 ... 394

U.S. Treasury securities2

Holdings 1 6 308 462,022 882,819 460,484 1,805,639

Weekly changes 0 0 + 1 + 19,590 - 11,613 + 3,202 + 11,180

Federal agency debt securities3

Holdings 370 2,873 21,837 42,952 2,044 2,347 72,423

Weekly changes 0 + 1,478 - 1,478 0 0 0 0

Mortgage-backed securities4

Holdings 0 0 1 1 2,599 1,068,373 1,070,974

Weekly changes 0 0 0 0 + 39 + 3 + 42

Asset-backed securities held by

TALF LLC5 0 0 0 0 0 0 0

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

Central bank liquidity swaps7 505 7,551 0 0 0 0 8,056

Reverse repurchase agreements6 94,167 0 ... ... ... ... 94,167

Term deposits 3,045 0 0 ... ... ... 3,045

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

Millions of dollars

Wednesday Account name Apr 3, 2013

Mortgage-backed securities held outright1 1,070,974

Commitments to buy mortgage-backed securities2 108,243

Commitments to sell mortgage-backed securities2 0

Cash and cash equivalents3 68

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 Apr 3, 2013

Net portfolio holdings of Maiden Lane LLC1 1,402

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

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

Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co.3 0

1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to be conducted in an

orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of December 31, 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 Apr 3, 2013

Net portfolio holdings of Maiden Lane II LLC1 64

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

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

Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc.3 0

1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to be conducted in an

orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of December 31, 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.
H.4.1

6. Information on Principal Accounts of Maiden Lane III LLC

Millions of dollars

Wednesday Account name Apr 3, 2013

Net portfolio holdings of Maiden Lane III LLC1 22

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

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

Outstanding principal amount and accrued interest on loan payable to American International Group, Inc.3 0

1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to be conducted in an

orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of December 31, 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 Apr 3, 2013

Asset-backed securities holdings1 0

Other investments, net 399

Net portfolio holdings of TALF LLC 399

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

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

Funding provided by U.S. Treasury to TALF LLC, including accrued interest payable3 0

1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to be conducted in an orderly

market on the measurement date.

2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York’s statement of condition consistent with consolidation

under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.

3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in table 8

and table 9.

Note: On November 25, 2008, the Federal Reserve announced the creation of the Term Asset-Backed Securities Loan Facility (TALF) under the authority of

section 13(3) of the Federal Reserve Act. The TALF is a facility under which the Federal Reserve Bank of New York (FRBNY) 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 then by the interest received on investments of TALF LLC. 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. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Assets, liabilities, and capital Wednesday Wednesday Eliminations from

consolidation

Wednesday

Apr 3, 2013 Mar 27, 2013 Apr 4, 2012

Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 5,200 0 0

Coin 2,097 - 11 - 196

Securities, repurchase agreements, and loans 2,949,430 + 11,231 + 339,715

Securities held outright1 2,949,036 + 11,222 + 346,394

U.S. Treasury securities 1,805,639 + 11,180 + 136,268

Bills2 0 0 - 18,423

Notes and bonds, nominal2 1,715,791 + 11,072 + 144,304

Notes and bonds, inflation-indexed2 78,879 0 + 8,865

Inflation compensation3 10,969 + 107 + 1,522

Federal agency debt securities2 72,423 0 - 24,055

Mortgage-backed securities4 1,070,974 + 42 + 234,181

Repurchase agreements5 0 0 0

Loans 394 + 9 - 6,678

Net portfolio holdings of Maiden Lane LLC6 1,402 - 1 - 4,038

Net portfolio holdings of Maiden Lane II LLC7 64 0 + 45

Net portfolio holdings of Maiden Lane III LLC8 22 0 - 17,485

Net portfolio holdings of TALF LLC9 399 0 - 432

Items in process of collection (0) 127 + 2 + 714

Bank premises 2,297 - 6 - 55

Central bank liquidity swaps10 8,056 - 209 - 38,426

Other assets11 236,941 + 2,140 + 69,428

Total assets (0) 3,217,072 + 13,146 + 349,272

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

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

Millions of dollars

Change since

Assets, liabilities, and capital Wednesday Wednesday Eliminations from

consolidation

Wednesday

Apr 3, 2013 Mar 27, 2013 Apr 4, 2012

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 1,136,943 + 1,848 + 77,423

Reverse repurchase agreements12 94,167 + 1,626 + 10,816

Deposits (0) 1,918,418 + 8,834 + 267,411

Term deposits held by depository institutions 3,045 0 - 12

Other deposits held by depository institutions 1,837,830 + 8,218 + 275,478

U.S. Treasury, General Account 60,060 + 6,842 + 3,286

Foreign official 9,186 + 79 + 9,059

Other (0) 8,298 - 6,303 - 20,399

Deferred availability cash items (0) 879 + 88 - 408

Other liabilities and accrued dividends13 11,533 + 745 - 6,668

Total liabilities (0) 3,161,940 + 13,142 + 348,574

Capital accounts

Capital paid in 27,566 + 2 + 349

Surplus 27,566 + 2 + 349

Other capital accounts 0 0 0

Total capital 55,132 + 4 + 698

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.
H.4.1

9. Statement of Condition of Each Federal Reserve Bank, April 3, 2013

Millions of dollars

Kansas San Assets, liabilities, and capital Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco

Assets

Gold certificate account 11,037 408 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 2,097 40 105 137 154 375 188 309 30 54 163 189 352

Securities, repurchase agreements,

and loans 2,949,430 71,627 1,653,772 97,489 74,977 209,892 177,807 163,604 46,106 26,809 59,251 114,585 253,512

Securities held outright1 2,949,036 71,627 1,653,390 97,489 74,977 209,887 177,807 163,600 46,105 26,809 59,247 114,585 253,512

U.S. Treasury securities 1,805,639 43,856 1,012,340 59,691 45,907 128,510 108,868 100,169 28,229 16,415 36,276 70,158 155,221

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

Notes and bonds3 1,805,639 43,856 1,012,340 59,691 45,907 128,510 108,868 100,169 28,229 16,415 36,276 70,158 155,221

Federal agency debt securities2 72,423 1,759 40,604 2,394 1,841 5,154 4,367 4,018 1,132 658 1,455 2,814 6,226

Mortgage-backed securities4 1,070,974 26,012 600,446 35,404 27,229 76,223 64,572 59,413 16,744 9,736 21,516 41,613 92,066

Repurchase agreements5 0 0 0 0 0 0 0 0 0 0 0 0 0

Loans 394 0 382 0 0 5 0 4 0 0 3 0 0

Net portfolio holdings of Maiden

Lane LLC6 1,402 0 1,402 0 0 0 0 0 0 0 0 0 0

Net portfolio holdings of Maiden

Lane II LLC7 64 0 64 0 0 0 0 0 0 0 0 0 0

Net portfolio holdings of Maiden

Lane III LLC8 22 0 22 0 0 0 0 0 0 0 0 0 0

Net portfolio holdings of TALF LLC9 399 0 399 0 0 0 0 0 0 0 0 0 0

Items in process of collection 127 0 0 0 0 0 126 0 0 0 0 0 0

Bank premises 2,297 118 427 71 114 229 213 201 129 102 251 236 207

Central bank liquidity swaps10 8,056 396 2,575 623 628 1,692 459 230 67 34 82 128 1,143

Other assets11 236,941 6,386 126,652 8,899 7,297 20,361 14,249 12,497 3,571 2,095 4,541 8,691 21,701

Interdistrict settlement account 0 - 5,017 + 18,876 - 17,493 - 3,518 - 43,539 + 11,072 - 18,749 - 235 - 1,837 - 10,654 - 13,912 + 85,006

Total assets 3,217,072 74,153 1,809,936 90,373 80,405 190,312 206,104 159,354 50,132 27,540 54,101 110,924 363,737

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

9. Statement of Condition of Each Federal Reserve Bank, April 3, 2013 (continued)

Millions of dollars

Kansas San Assets, liabilities, and capital Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco

Liabilities

Federal Reserve notes outstanding 1,404,439 46,860 528,332 46,602 60,934 102,273 174,254 94,633 36,729 23,509 37,487 98,012 154,813

Less: Notes held by F.R. Banks 267,497 11,103 97,618 4,159 8,780 10,848 31,134 14,498 3,270 7,391 10,113 44,094 24,488

Federal Reserve notes, net 1,136,943 35,757 430,714 42,443 52,154 91,426 143,120 80,135 33,459 16,118 27,374 53,918 130,325

Reverse repurchase agreements12 94,167 2,287 52,795 3,113 2,394 6,702 5,678 5,224 1,472 856 1,892 3,659 8,095

Deposits 1,918,418 33,184 1,302,203 40,155 21,246 79,706 52,752 71,866 14,521 10,066 24,056 52,038 216,625

Term deposits held by depository

institutions 3,045 10 1,762 0 0 40 388 5 0 100 205 5 530

Other deposits held by depository

institutions 1,837,830 33,171 1,223,211 40,115 21,243 79,455 52,355 71,835 14,520 9,966 23,849 52,030 216,080

U.S. Treasury, General Account 60,060 0 60,060 0 0 0 0 0 0 0 0 0 0

Foreign official 9,186 2 9,158 3 3 8 2 1 0 0 0 1 6

Other 8,298 0 8,012 37 0 203 7 26 0 0 1 2 9

Deferred availability cash items 879 0 0 0 0 0 779 0 0 100 0 0 0

Interest on Federal Reserve notes due

to U.S. Treasury13 1,535 95 851 51 39 38 101 83 25 14 29 58 153

Other liabilities and accrued

dividends14 9,998 245 5,852 321 293 772 532 474 192 154 188 338 636

Total liabilities 3,161,940 71,567 1,792,415 86,083 76,126 178,644 202,963 157,782 49,669 27,308 53,539 110,011 355,833

Capital

Capital paid in 27,566 1,293 8,761 2,145 2,139 5,834 1,571 786 232 116 281 457 3,952

Surplus 27,566 1,293 8,761 2,145 2,139 5,834 1,571 786 232 116 281 457 3,952

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

Total liabilities and capital 3,217,072 74,153 1,809,936 90,373 80,405 190,312 206,104 159,354 50,132 27,540 54,101 110,924 363,737

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

9. Statement of Condition of Each Federal Reserve Bank, April 3, 2013 (continued)

1. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.

2. Face value of the securities.

3. Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such securities.

4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. 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).
H.4.1

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

Millions of dollars

Wednesday Federal Reserve notes and collateral Apr 3, 2013

Federal Reserve notes outstanding 1,404,439

Less: Notes held by F.R. Banks not subject to collateralization 267,497

Federal Reserve notes to be collateralized 1,136,943

Collateral held against Federal Reserve notes 1,136,943

Gold certificate account 11,037

Special drawing rights certificate account 5,200

U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 1,120,706

Other assets pledged 0

Memo:

Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 2,949,036

Less: Face value of securities under reverse repurchase agreements 83,389

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 2,865,646

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.