FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and

Condition Statement of Federal Reserve Banks September 9, 2010

1. Factors Affecting Reserve Balances of Depository Institutions

Millions of dollars

Averages of daily figures Wednesday

 Sep 8, 2010 Week ended

 Sep 8, 2010

Change from week ended

 Sep 1, 2010 Sep 9, 2009

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Reserve Bank credit 2,286,610 - 73 + 216,885 2,287,656

Securities held outright1 2,047,242 + 1,758 + 545,873 2,049,564

U.S. Treasury securities 787,572 + 1,759 + 34,037 789,894

Bills2 18,423 0 0 18,423

Notes and bonds, nominal2 722,060 + 1,366 + 37,278 724,381

Notes and bonds, inflation-indexed2 41,660 + 379 - 2,928 41,660

Inflation compensation3 5,429 + 13 - 313 5,430

Federal agency debt securities2 156,502 0 + 33,926 156,502

Mortgage-backed securities4 1,103,168 - 1 + 477,911 1,103,168

Repurchase agreements5 0 0 0 0

Term auction credit 0 0 - 212,110 0

Other loans 53,529 - 2,819 - 53,624 52,937

Primary credit 29 + 16 - 30,345 29

Secondary credit 0 0 - 581 0

Seasonal credit 82 - 4 - 25 77

Asset-Backed Commercial Paper Money Market

Mutual Fund Liquidity Facility 0 0 - 79 0

Credit extended to American International

Group, Inc., net6 20,008 + 99 - 18,883 19,869

Term Asset-Backed Securities Loan Facility7 33,410 - 2,930 - 3,711 32,962

Other credit extensions 0 0 0 0

Net portfolio holdings of Commercial Paper

Funding Facility LLC8 0 0 - 47,139 0

Net portfolio holdings of Maiden Lane LLC9 29,050 + 46 + 2,967 29,070

Net portfolio holdings of Maiden Lane II LLC10 15,967 - 62 + 1,287 15,814

Net portfolio holdings of Maiden Lane III LLC11 23,221 - 108 + 2,791 22,999

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 -1,889 - 160 + 6 -2,712

Central bank liquidity swaps14 64 + 20 - 61,543 64

Other Federal Reserve assets15 93,118 + 1,251 + 12,069 93,611

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding16 43,345 + 14 + 794 43,345

Total factors supplying reserve funds 2,346,196 - 59 + 220,678 2,347,241

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 8, 2010 Week ended

 Sep 8, 2010

Change from week ended

 Sep 1, 2010 Sep 9, 2009

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Currency in circulation16 953,826 + 6,318 + 37,907 954,728

Reverse repurchase agreements17 57,958 - 4,041 - 8,568 58,802

Foreign official and international accounts 57,958 - 4,041 - 8,568 58,802

Dealers 0 0 0 0

Treasury cash holdings 246 + 6 - 10 241

Deposits with F.R. Banks, other than reserve balances 230,452 + 433 + 6,682 211,868

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

U.S. Treasury, general account 23,062 - 51 + 6,264 4,859

U.S. Treasury, supplementary financing account 199,957 + 1 + 25 199,957

Foreign official 2,482 + 497 - 32 2,121

Service-related 2,433 0 - 1,644 2,433

Required clearing balances 2,433 0 - 1,644 2,433

Adjustments to compensate for float 0 0 0 0

Other 399 - 15 - 49 378

Other liabilities and capital18 72,415 + 469 + 12,963 71,644

Total factors, other than reserve balances,

absorbing reserve funds 1,314,897 + 3,183 + 48,974 1,297,283

Reserve balances with Federal Reserve Banks 1,031,299 - 3,243 + 171,704 1,049,959

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 8, 2010 Week ended

 Sep 8, 2010

Change from week ended

 Sep 1, 2010 Sep 9, 2009

Memorandum item

Marketable securities held in custody for foreign

official and international accounts1 3,220,723 + 9,873 + 392,924 3,214,103

U.S. Treasury securities 2,406,224 + 12,400 + 356,174 2,404,147

Federal agency securities2 814,499 - 2,527 + 36,750 809,956

Securities lent to dealers 6,873 + 95 - 5,162 6,743

Overnight facility3 6,873 + 95 - 5,162 6,743

U.S. Treasury securities 5,483 + 37 - 6,329 5,309

Federal agency debt securities 1,391 + 59 + 1,168 1,434

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 8, 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 50 56 0 52,831 0 ... 52,937

U.S. Treasury securities2

Holdings 15,474 15,641 52,786 343,586 221,947 140,459 789,894

Weekly changes + 2,156 - 2,157 0 + 2,388 + 1,222 + 1 + 3,611

Federal agency debt securities3

Holdings 2,397 5,927 38,402 74,683 32,746 2,347 156,502

Weekly changes + 414 - 414 0 0 0 0 0

Mortgage-backed securities4

Holdings 0 0 0 29 21 1,103,118 1,103,168

Weekly changes 0 0 0 0 + 1 - 1 0

Asset-backed securities held by

TALF LLC5 0 0 0 0 0 0 0

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

Central bank liquidity swaps7 63 1 0 0 0 0 64

Reverse repurchase agreements6 58,802 0 ... ... ... ... 58,802

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 8, 2010 Account name

Mortgage-backed securities held outright1 1,103,168

Commitments to buy mortgage-backed securities2 0

Commitments to sell mortgage-backed securities2 0

Cash and cash equivalents3 12

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 8, 2010 Account name

Net portfolio holdings of Maiden Lane LLC1 29,070

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 28,281

Accrued interest payable to the Federal Reserve Bank of New York2 554

Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co.3 1,293

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 8, 2010 Account name

Net portfolio holdings of Maiden Lane II LLC1 15,814

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 397

Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc.3 1,060

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 8, 2010 Account name

Net portfolio holdings of Maiden Lane III LLC1 22,999

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 488

Outstanding principal amount and accrued interest on loan payable to American International Group, Inc.3 5,311

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 8, 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 8, 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 247

Preferred interests in AIA Aurora LLC1 16,469

Accrued dividends on preferred interests in AIA Aurora LLC2 158

Preferred interests in ALICO Holdings LLC1 9,264

Accrued dividends on preferred interests in ALICO Holdings LLC2 89

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 8, 2010

Change since

Wednesday

 Sep 1, 2010

Wednesday

 Sep 9, 2009

Assets, liabilities, and capital

Assets

Gold certificate account 11,037 0 0

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

Coin 2,067 0 + 147

Securities, repurchase agreements, term auction

credit, and other loans 2,102,501 + 2,514 + 277,796

Securities held outright1 2,049,564 + 3,611 + 543,398

U.S. Treasury securities 789,894 + 3,611 + 32,122

Bills2 18,423 0 0

Notes and bonds, nominal2 724,381 + 3,608 + 35,356

Notes and bonds, inflation-indexed2 41,660 0 - 2,928

Inflation compensation3 5,430 + 3 - 307

Federal agency debt securities2 156,502 0 + 33,386

Mortgage-backed securities4 1,103,168 0 + 477,890

Repurchase agreements5 0 0 0

Term auction credit 0 0 - 212,110

Other loans 52,937 - 1,097 - 53,492

Net portfolio holdings of Commercial Paper

Funding Facility LLC6 0 0 - 45,667

Net portfolio holdings of Maiden Lane LLC7 29,070 + 23 + 2,961

Net portfolio holdings of Maiden Lane II LLC8 15,814 - 215 + 1,177

Net portfolio holdings of Maiden Lane III LLC9 22,999 - 338 + 2,488

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 (114) 412 + 137 - 187

Bank premises 2,223 + 1 + 7

Central bank liquidity swaps12 64 + 20 - 61,543

Other assets13 91,400 + 1,613 + 11,620

Total assets (114) 2,309,094 + 3,753 + 218,105

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 8, 2010

Change since

Wednesday

 Sep 1, 2010

Wednesday

 Sep 9, 2009

Assets, liabilities, and capital

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 913,687 + 3,814 + 37,008

Reverse repurchase agreements14 58,802 + 526 - 7,072

Deposits (0) 1,261,838 - 1,518 + 176,093

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

Other deposits held by depository institutions 1,052,403 + 39,423 + 174,408

U.S. Treasury, general account 4,859 - 40,878 + 359

U.S. Treasury, supplementary financing account 199,957 + 1 + 25

Foreign official 2,121 + 52 - 583

Other (0) 378 - 117 - 235

Deferred availability cash items (114) 3,123 + 773 - 360

Other liabilities and accrued dividends15 15,029 + 165 + 6,849

Total liabilities (114) 2,252,479 + 3,760 + 212,518

Capital accounts

Capital paid in 26,675 0 + 1,892

Surplus 25,857 + 6 + 4,509

Other capital accounts 4,083 - 12 - 814

Total capital 56,615 - 6 + 5,587

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 8, 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 2,067 63 69 164 150 305 197 318 30 Securities, repurchase agreements,

term auction credit, and otherloans 2,102,501 51,868 889,162 47,866 69,635 233,423 193,956 154,518 52,818 

Securities held outright1 2,049,564 51,868 836,330 47,863 69,635 233,423 193,945 154,509 52,793 

U.S. Treasury securities 789,894 19,990 322,318 18,446 26,837 89,960 74,746 59,547 20,346 

Bills2 18,423 466 7,517 430 626 2,098 1,743 1,389 475 Notes and bonds3 771,471 19,523 314,801 18,016 26,211 87,862 73,002 58,158 19,872 

Federal agency debt securities2 156,502 3,961 63,861 3,655 5,317 17,824 14,809 11,798 4,031 

Mortgage-backed securities4 1,103,168 27,918 450,151 25,762 37,481 125,639 104,390 83,164 28,416 

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 52,937 0 52,831 2 0 0 10 9 25 

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 29,070 0 29,070 0 0 0 0 0 0 

Net portfolio holdings of Maiden

Lane II LLC8 15,814 0 15,814 0 0 0 0 0 0 

Net portfolio holdings of Maiden

Lane III LLC9 22,999 0 22,999 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 526 25 0 43 113 11 80 78 24 Bank premises 2,223 124 256 69 142 238 218 210 135 Central bank liquidity swaps12 64 2 19 7 5 18 4 2 1 Other assets13 91,400 2,609 34,574 4,281 4,101 14,497 7,776 5,542 1,944 Interdistrict settlement account 0 - 572 + 97,611 + 25,053 - 13,453 + 11,263 - 43,556 - 30,160 - 12,760 + 

Total assets 2,309,208 54,683 1,121,737 78,096 61,393 261,014 160,714 131,818 42,665 

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 8, 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 1,137,545 41,203 388,479 46,258 46,596 90,491 144,490 88,326 33,354 

Less: Notes held by F.R. Banks 223,858 3,890 96,060 5,185 9,143 14,362 30,516 12,836 4,371 

Federal Reserve notes, net 913,687 37,312 292,418 41,073 37,453 76,129 113,974 75,489 28,984 

Reverse repurchase agreements14 58,802 1,488 23,994 1,373 1,998 6,697 5,564 4,433 1,515 

Deposits 1,261,838 13,653 778,057 29,404 17,305 164,540 37,167 49,725 11,360 

Term deposits held by depository

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

Other deposits held by depository

institutions 1,052,403 13,610 570,060 29,399 17,288 164,352 37,004 49,152 11,393 

U.S. Treasury, general account 4,859 0 4,859 0 0 0 0 0 0 U.S. Treasury, supplementary

financing account 199,957 0 199,957 0 0 0 0 0 0 

Foreign official 2,121 1 2,093 4 3 11 2 1 0 Other 378 16 202 0 0 82 0 67 -33 

Deferred availability cash items 3,238 137 0 336 485 171 215 298 125 Other liabilities and accrued

dividends15 15,029 199 11,271 225 257 749 531 432 192 

Total liabilities 2,252,593 52,790 1,105,741 72,411 57,498 248,287 157,452 130,378 42,176 Capital

Capital paid in 26,675 916 7,653 2,829 1,924 5,439 1,551 668 217 Surplus 25,857 946 7,653 2,804 1,911 7,141 1,581 621 239 Other capital 4,083 31 690 52 60 148 130 152 34 

Total liabilities and capital 2,309,208 54,683 1,121,737 78,096 61,393 261,014 160,714 131,818 42,665 

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 8, 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 8, 2010 Federal Reserve notes and collateral

Federal Reserve notes outstanding 1,137,545

Less: Notes held by F.R. Banks not subject to collateralization 223,858

Federal Reserve notes to be collateralized 913,687

Collateral held against Federal Reserve notes 913,687

Gold certificate account 11,037

Special drawing rights certificate account 5,200

U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 897,450

Other assets pledged 0

Memo:

Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 2,049,564

Less: Face value of securities under reverse repurchase agreements 57,333

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 1,992,231

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.