FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                               September 17, 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  Sep 16, 2015 
Federal Reserve Banks                                     Sep 16, 2015  Sep 9, 2015 Sep 17, 2014              

Reserve Bank credit                                         4,445,594   +    6,560   +   37,979    4,449,222  
  Securities held outright (1)                              4,238,401   +    4,674   +   51,855    4,242,157  
    U.S. Treasury securities                                2,461,944   +        2   +   18,246    2,461,944  
      Bills (2)                                                     0            0            0            0  
      Notes and bonds, nominal (2)                          2,346,640            0   +   17,715    2,346,640  
      Notes and bonds, inflation-indexed (2)                   98,534            0   +      346       98,534  
      Inflation compensation (3)                               16,770   +        2   +      186       16,770  
    Federal agency debt securities (2)                         35,093            0   -    6,024       35,093  
    Mortgage-backed securities (4)                          1,741,365   +    4,673   +   39,634    1,745,119  
  Unamortized premiums on securities held outright (5)        194,580   -      119   -   15,163      194,636  
  Unamortized discounts on securities held outright (5)       -17,183   +       31   +    1,460      -17,167  
  Repurchase agreements (6)                                         0            0            0            0  
  Loans                                                           254   +       13   -       48          264  
    Primary credit                                                  6   +        4   +        3            9  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                               248   +        9   -       17          255  
    Term Asset-Backed Securities Loan Facility (7)                  0            0   -       34            0  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (8)                 1,703            0   +       39        1,702  
  Net portfolio holdings of Maiden Lane II LLC (9)                  0            0   -       36            0  
  Net portfolio holdings of Maiden Lane III LLC (9)                 0            0   -       12            0  
  Net portfolio holdings of TALF LLC (10)                           0            0   -       44            0  
  Float                                                           -43   -      110   +      573          -70  
  Central bank liquidity swaps (11)                               144   +        8   +       69          145  
  Other Federal Reserve assets (12)                            27,737   +    2,063   -      714       27,553  
Foreign currency denominated assets (13)                       20,103   +      131   -    2,716       20,093  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (14)                             47,093   +       14   +      955       47,093  
                                                                                                              
Total factors supplying reserve funds                       4,529,032   +    6,706   +   36,220    4,532,649  

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  Sep 16, 2015 
Federal Reserve Banks                                     Sep 16, 2015  Sep 9, 2015 Sep 17, 2014              

Currency in circulation (14)                                 1,385,144   -      624   +   95,780    1,384,773 
Reverse repurchase agreements (15)                             229,578   +    3,527   -   21,233      236,017 
  Foreign official and international accounts                  157,216   -    3,161   +   56,837      153,836 
  Others                                                        72,362   +    6,688   -   78,069       82,181 
Treasury cash holdings                                             161            0   -        3          144 
Deposits with F.R. Banks, other than reserve balances          150,717   +   37,729   +   61,128      202,590 
  Term deposits held by depository institutions                      0            0            0            0 
  U.S. Treasury, General Account                               117,411   +   31,619   +   50,994      179,990 
  Foreign official                                               5,257   -       87   +       11        5,270 
  Other (16)                                                    28,049   +    6,197   +   10,123       17,329 
Other liabilities and capital (17)                              66,920   +      790   +    2,032       65,361 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  1,832,520   +   41,422   +  137,704    1,888,885 
                                                                                                              
Reserve balances with Federal Reserve Banks                  2,696,511   -   34,717   -  101,485    2,643,764 

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  Sep 16, 2015 
                                                          Sep 16, 2015  Sep 9, 2015 Sep 17, 2014              

Securities held in custody for foreign official and       
     international accounts                                  3,337,299   +    2,236   -    9,842    3,350,306 
  Marketable U.S. Treasury securities (1)                    3,008,096   +    3,068   -   13,792    3,021,781 
  Federal agency debt and mortgage-backed securities (2)       284,375   -      952   +    1,682      283,564 
  Other securities (3)                                          44,828   +      119   +    2,269       44,961 
Securities lent to dealers                                      13,238   +      702   +    2,993       13,027 
  Overnight facility (4)                                        13,238   +      702   +    2,993       13,027 
    U.S. Treasury securities                                    13,190   +      699   +    3,672       12,979 
    Federal agency debt securities                                  48   +        3   -      680           48 

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, September 16, 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                                          256             8             0             0             0           ...           264 
U.S. Treasury securities (1)                                                                                                           
  Holdings                                       1           327       166,961     1,133,906       522,712       638,038     2,461,944 
  Weekly changes                        +        1             0             0             0             0    +        1    +        1 
Federal agency debt securities (2)                                                                                                     
  Holdings                                       0         2,149        12,452        18,145             0         2,347        35,093 
  Weekly changes                                 0             0    +    2,000    -    2,000             0             0             0 
Mortgage-backed securities (3)                                                                                                         
  Holdings                                       0             0             0           151         9,319     1,735,650     1,745,119 
  Weekly changes                                 0             0             0             0    -       40    +    8,454    +    8,413 
Repurchase agreements (4)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (5)               145             0             0             0             0             0           145 
                                                                                                                                       
Reverse repurchase agreements (4)          236,017             0           ...           ...           ...           ...       236,017 
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   
                                                                                                                      Sep 16, 2015  

Mortgage-backed securities held outright (1)                                                                             1,745,119  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                           30,577  
Commitments to sell mortgage-backed securities (2)                                                                             850  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                  110  



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   
                                                                                                                      Sep 16, 2015  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,702  
                                                                                                                                    
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 June 30, 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       Sep 16, 2015   Wednesday    Wednesday  
                                                        consolidation                 Sep 9, 2015 Sep 17, 2014 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,901   +       12   -       32  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     4,419,891   +    8,490   +   41,504  
    Securities held outright (1)                                          4,242,157   +    8,415   +   55,082  
      U.S. Treasury securities                                            2,461,944   +        1   +   15,372  
        Bills (2)                                                                 0            0            0  
        Notes and bonds, nominal (2)                                      2,346,640            0   +   14,837  
        Notes and bonds, inflation-indexed (2)                               98,534            0   +      346  
        Inflation compensation (3)                                           16,770   +        1   +      189  
      Federal agency debt securities (2)                                     35,093            0   -    4,913  
      Mortgage-backed securities (4)                                      1,745,119   +    8,413   +   44,622  
    Unamortized premiums on securities held outright  
    (5)                                                                     194,636   +       19   -   15,058  
    Unamortized discounts on securities held outright 
    (5)                                                                     -17,167   +       38   +    1,533  
    Repurchase agreements (6)                                                     0            0            0  
    Loans                                                                       264   +       17   -       53  
  Net portfolio holdings of Maiden Lane LLC (7)                               1,702   -        1   +       38  
  Net portfolio holdings of Maiden Lane II LLC (8)                                0            0            0  
  Net portfolio holdings of Maiden Lane III LLC (8)                               0            0            0  
  Net portfolio holdings of TALF LLC (9)                                          0            0   -       44  
  Items in process of collection                                   (0)          287   -      124   +      203  
  Bank premises                                                               2,235   +        1   -       24  
  Central bank liquidity swaps (10)                                             145   +        9   +       70  
  Foreign currency denominated assets (11)                                   20,093   +      172   -    2,697  
  Other assets (12)                                                          25,318   +    1,037   -      797  
                                                                                                               
Total assets                                                       (0)    4,487,809   +    9,596   +   38,221  

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       Sep 16, 2015   Wednesday    Wednesday  
                                                        consolidation                 Sep 9, 2015 Sep 17, 2014 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,339,721   -    2,418   +   94,762 
  Reverse repurchase agreements (13)                                         236,017   +    7,965   -   16,207 
  Deposits                                                          (0)    2,846,354   +    4,044   -   42,445 
    Term deposits held by depository institutions                                  0            0            0 
    Other deposits held by depository institutions                         2,643,764   -   90,886   -  108,144 
    U.S. Treasury, General Account                                           179,990   +  103,734   +   56,025 
    Foreign official                                                           5,270   +       15   +       26 
    Other (14)                                                      (0)       17,329   -    8,820   +    9,647 
  Deferred availability cash items                                  (0)          356   -      106   -      296 
  Other liabilities and accrued dividends (15)                                 7,073   +      111   +      466 
                                                                                                               
Total liabilities                                                   (0)    4,429,521   +    9,597   +   36,280 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             29,144            0   +      971 
  Surplus                                                                     29,144            0   +      971 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 58,288            0   +    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, September 16, 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                                             1,901          48          64          134         134         299         197         274          32          44         152         199         324
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans                                 4,419,891     112,035   2,653,156      109,923     106,258     240,046     248,902     164,229      46,152      27,014      57,425     142,379     512,370
    Securities held outright (1)               4,242,157     107,537   2,546,618      105,509     101,992     230,407     238,885     157,615      44,239      25,799      55,108     136,654     491,795
      U.S. Treasury securities                 2,461,944      62,409   1,477,935       61,233      59,191     133,717     138,637      91,472      25,674      14,973      31,982      79,307     285,414
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    2,461,944      62,409   1,477,935       61,233      59,191     133,717     138,637      91,472      25,674      14,973      31,982      79,307     285,414
      Federal agency debt securities (2)          35,093         890      21,067          873         844       1,906       1,976       1,304         366         213         456       1,130       4,068
      Mortgage-backed securities (4)           1,745,119      44,238   1,047,616       43,404      41,957      94,784      98,271      64,839      18,199      10,613      22,670      56,216     202,313
    Unamortized premiums on securities held 
      outright (5)                               194,636       4,934     116,842        4,841       4,680      10,571      10,960       7,232       2,030       1,184       2,528       6,270      22,564
    Unamortized discounts on securities     
      held outright (5)                          -17,167        -435     -10,305         -427        -413        -932        -967        -638        -179        -104        -223        -553      -1,990
    Repurchase agreements (6)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                            264           0           1            0           0           0          24          21          62         135          12           9           1
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (7)                                  1,702           0       1,702            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                     287           0           0            0           0           0         286           0           0           0           0           0           0
  Bank premises                                    2,235         127         436           73         107         215         208         204         118          93         238         220         196
  Central bank liquidity swaps (10)                  145           7          47            8          11          33           8           4           1           1           2           2          21
  Foreign currency denominated                                                                                                                                                                           
     assets (11)                                  20,093         911       6,478        1,123       1,566       4,610       1,143         540         187          84         211         289       2,950
  Other assets (12)                               25,318         675      14,648          637         617       1,525       1,425         950         480         180         365         879       2,936
  Interdistrict settlement account                     0  -   23,038  -   63,437   +    8,036  +   23,605  +   40,893  -   10,313  +    7,992  +   10,515  +    4,332  +    2,133  +    8,372  -    9,090
                                                                                                                                                                                                         
Total assets                                   4,487,809      91,309   2,618,622      120,484     133,040     288,816     244,111     175,351      57,934      32,010      60,967     153,514     511,651

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, September 16, 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            1,525,466      48,778     499,626      50,168      82,939     105,710     212,501     105,479      52,598      26,955      41,368     116,998     182,346
    Less: Notes held by F.R. Banks               185,745       6,103      57,861       6,928      10,055      12,883      24,422      11,975       5,052       3,176       4,797      14,850      27,643
      Federal Reserve notes, net               1,339,721      42,675     441,765      43,240      72,884      92,828     188,079      93,503      47,546      23,779      36,571     102,148     154,702
  Reverse repurchase agreements (13)             236,017       5,983     141,684       5,870       5,674      12,819      13,291       8,769       2,461       1,435       3,066       7,603      27,362
  Deposits                                     2,846,354      39,826   2,012,444      67,883      49,725     169,344      38,789      71,166       7,213       6,234      20,561      42,647     320,522
    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                           2,643,764      39,812   1,817,264      67,879      49,722     169,197      38,779      63,981       7,177       6,233      20,560      42,645     320,514
    U.S. Treasury, General Account               179,990           0     179,990           0           0           0           0           0           0           0           0           0           0
    Foreign official                               5,270           2       5,243           2           3           9           2           1           0           0           0           1           6
    Other (14)                                    17,329          12       9,946           1           0         138           7       7,184          35           0           1           1           2
  Deferred availability cash items                   356           0           0           0           0           0         192           0           0         164           0           0           0
  Interest on Federal Reserve notes due     
     to U.S. Treasury (15)                         2,112          56       1,235          56          57         135         122          77          21          11          25          65         250
  Other liabilities and accrued             
     dividends                                     4,961         165       2,292         202         215         536         336         255         126         136         123         186         390
                                                                                                                                                                                                        
Total liabilities                              4,429,521      88,705   2,599,420     117,251     128,556     275,662     240,808     173,771      57,368      31,760      60,347     152,650     503,226
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 29,144       1,302       9,601       1,617       2,242       6,577       1,652         790         283         125         310         432       4,213
  Surplus                                         29,144       1,302       9,601       1,617       2,242       6,577       1,652         790         283         125         310         432       4,213
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  4,487,809      91,309   2,618,622     120,484     133,040     288,816     244,111     175,351      57,934      32,010      60,967     153,514     511,651

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, September 16, 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   
                                                                                          Sep 16, 2015  

Federal Reserve notes outstanding                                                            1,525,466  
  Less: Notes held by F.R. Banks not subject to collateralization                              185,745  
    Federal Reserve notes to be collateralized                                               1,339,721  
Collateral held against Federal Reserve notes                                                1,339,721  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,323,484  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       4,242,157  
  Less: Face value of securities under reverse repurchase agreements                           221,127  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        4,021,029  

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.