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 August 8, 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

Aug 7, 2013 Jul 31, 2013 Aug 8, 2012

Wednesday

Aug 7, 2013

Reserve Bank credit 3,534,531 + 10,320 + 726,864 3,542,151

Securities held outright1 3,300,389 + 9,550 + 706,400 3,306,860

U.S. Treasury securities 1,986,904 + 9,536 + 337,435 1,993,375

Bills2 0 0 0 0

Notes and bonds, nominal2 1,889,526 + 9,488 + 318,997 1,895,978

Notes and bonds, inflation-indexed2 84,406 0 + 15,320 84,406

Inflation compensation3 12,972 + 48 + 3,117 12,991

Federal agency debt securities2 66,521 0 - 24,508 66,521

Mortgage-backed securities4 1,246,964 + 14 + 393,474 1,246,964

Unamortized premiums on securities held outright5 203,896 - 335 + 58,774 203,894

Unamortized discounts on securities held outright5 -3,265 - 140 - 1,289 -3,322

Repurchase agreements6 0 0 - 261 0

Loans 316 - 35 - 3,328 319

Primary credit 7 - 4 + 5 6

Secondary credit 0 0 0 0

Seasonal credit 125 - 4 - 8 128

Term Asset-Backed Securities Loan Facility7 185 - 26 - 3,324 185

Other credit extensions 0 0 0 0

Net portfolio holdings of Maiden Lane LLC8 1,489 + 64 - 596 1,490

Net portfolio holdings of Maiden Lane II LLC9 64 0 + 3 64

Net portfolio holdings of Maiden Lane III LLC10 22 0 - 7,360 22

Net portfolio holdings of TALF LLC11 247 - 21 - 601 195

Float -681 - 27 + 26 -238

Central bank liquidity swaps12 1,479 0 - 28,543 1,479

Other Federal Reserve assets13 30,575 + 1,264 + 3,639 31,388

Foreign currency denominated assets14 23,847 + 5 - 1,319 24,073

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding15 45,217 + 14 + 648 45,217

Total factors supplying reserve funds 3,619,836 + 10,338 + 726,193 3,627,682

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

Aug 7, 2013 Jul 31, 2013 Aug 8, 2012

Wednesday

Aug 7, 2013

Currency in circulation15 1,198,227 + 3,236 + 82,968 1,200,008

Reverse repurchase agreements16 91,827 + 2,557 - 1,271 93,140

Foreign official and international accounts 91,505 + 2,235 - 1,593 90,880

Others 323 + 323 + 323 2,260

Treasury cash holdings 145 + 9 + 21 151

Deposits with F.R. Banks, other than reserve balances 94,314 - 12,669 + 29,304 109,360

Term deposits held by depository institutions 11,913 0 + 8,873 11,913

U.S. Treasury, General Account 60,845 + 782 + 25,223 62,679

Foreign official 10,411 - 24 + 5,935 10,411

Other 11,144 - 13,428 - 10,727 24,357

Other liabilities and capital17 63,882 + 287 - 3,072 64,041

Total factors, other than reserve balances,

absorbing reserve funds 1,448,396 - 6,579 + 107,951 1,466,700

Reserve balances with Federal Reserve Banks 2,171,441 + 16,919 + 618,242 2,160,982

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. 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 9.

9. Refer to table 5 and the note on consolidation accompanying table 9.

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

11. Refer to table 7 and the note on consolidation accompanying table 9.

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 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.

14. Revalued daily at current foreign currency exchange rates.

15. Estimated.

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

17. 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

Aug 7, 2013 Jul 31, 2013 Aug 8, 2012

Wednesday

Aug 7, 2013

Securities held in custody for foreign official and international

accounts 3,268,591 + 3,866 + 135,597 3,268,411

Marketable U.S. Treasury securities1 2,924,292 + 6,305 + 160,549 2,923,399

Federal agency debt and mortgage-backed securities2 307,042 - 2,673 - 24,141 307,738

Other securities3 37,257 + 234 - 810 37,274

Securities lent to dealers 8,610 - 433 - 2,292 9,353

Overnight facility4 8,610 - 433 - 2,292 9,353

U.S. Treasury securities 7,839 - 368 - 2,405 8,572

Federal agency debt securities 771 - 65 + 113 781

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, August 7, 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 45 89 16 168 0 ... 319

U.S. Treasury securities2

Holdings 0 4 381 599,758 874,709 518,522 1,993,375

Weekly changes 0 + 1 - 1 + 4,340 + 5,095 + 1,532 + 10,968

Federal agency debt securities3

Holdings 808 6,633 16,953 39,718 62 2,347 66,521

Weekly changes 0 0 0 0 0 0 0

Mortgage-backed securities4

Holdings 0 0 0 2 2,569 1,244,393 1,246,964

Weekly changes 0 0 0 + 1 + 5 - 6 0

Asset-backed securities held by

TALF LLC5 0 0 0 0 0 0 0

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

Central bank liquidity swaps7 1,293 186 0 0 0 0 1,479

Reverse repurchase agreements6 93,140 0 ... ... ... ... 93,140

Term deposits 11,913 0 0 ... ... ... 11,913

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 Aug 7, 2013

Mortgage-backed securities held outright1 1,246,964

Commitments to buy mortgage-backed securities2 104,272

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 8 and table 9.

4. Information on Principal Accounts of Maiden Lane LLC

Millions of dollars

Wednesday Account name Aug 7, 2013

Net portfolio holdings of Maiden Lane LLC1 1,490

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 June 30, 2013. 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 Aug 7, 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 June 30, 2013. 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 Aug 7, 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 June 30, 2013. 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 Aug 7, 2013

Asset-backed securities holdings1 0

Other investments, net 195

Net portfolio holdings of TALF LLC 195

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) extended loans with a term of up

to five years to holders of eligible asset-backed securities. The Federal Reserve closed the TALF for new loan extensions in 2010. 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.

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. Prior to January 15, 2013, the U.S. Treasury's Troubled Asset Relief Program

(TARP) committed backup funding to TALF LLC, providing credit protection to the FRBNY. However, the accumulated fees and income collected through the

TALF and held by TALF LLC now exceed the remaining amount of TALF loans outstanding. Accordingly, the TARP credit protection commitment has been

terminated, and TALF LLC has begun to distribute excess proceeds to the Treasury and the FRBNY. 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

Aug 7, 2013 Jul 31, 2013 Aug 8, 2012

Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 5,200 0 0

Coin 1,981 + 12 - 150

Securities, unamortized premiums and discounts,

repurchase agreements, and loans 3,507,751 + 10,661 + 763,199

Securities held outright1 3,306,860 + 10,968 + 709,922

U.S. Treasury securities 1,993,375 + 10,968 + 340,959

Bills2 0 0 0

Notes and bonds, nominal2 1,895,978 + 10,915 + 322,494

Notes and bonds, inflation-indexed2 84,406 0 + 15,320

Inflation compensation3 12,991 + 53 + 3,145

Federal agency debt securities2 66,521 0 - 24,508

Mortgage-backed securities4 1,246,964 0 + 393,471

Unamortized premiums on securities held outright5 203,894 - 207 + 58,537

Unamortized discounts on securities held outright5 -3,322 - 100 - 1,347

Repurchase agreements6 0 0 - 600

Loans 319 - 1 - 3,312

Net portfolio holdings of Maiden Lane LLC7 1,490 + 2 - 595

Net portfolio holdings of Maiden Lane II LLC8 64 0 + 3

Net portfolio holdings of Maiden Lane III LLC9 22 0 - 7,389

Net portfolio holdings of TALF LLC10 195 - 73 - 653

Items in process of collection (0) 680 + 575 + 622

Bank premises 2,289 - 7 - 64

Central bank liquidity swaps11 1,479 0 - 28,543

Foreign currency denominated assets12 24,073 + 201 - 1,093

Other assets13 29,100 + 2,195 + 3,843

Total assets (0) 3,585,359 + 13,562 + 729,178

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

Aug 7, 2013 Jul 31, 2013 Aug 8, 2012

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 1,156,918 + 2,596 + 82,394

Reverse repurchase agreements14 93,140 + 2,055 + 1,635

Deposits (0) 2,270,342 + 7,782 + 646,925

Term deposits held by depository institutions 11,913 0 + 8,873

Other deposits held by depository institutions 2,160,982 + 40,139 + 600,761

U.S. Treasury, General Account 62,679 - 47,014 + 36,566

Foreign official 10,411 - 70 + 5,327

Other (0) 24,357 + 14,727 - 4,603

Deferred availability cash items (0) 918 - 3 + 22

Other liabilities and accrued dividends15 9,015 + 1,131 - 2,133

Total liabilities (0) 3,530,333 + 13,560 + 728,843

Capital accounts

Capital paid in 27,513 + 1 + 167

Surplus 27,513 + 1 + 167

Other capital accounts 0 0 0

Total capital 55,026 + 2 + 335

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. 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 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. Revalued daily at current foreign currency exchange rates.

13. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.

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.
H.4.1

9. Statement of Condition of Each Federal Reserve Bank, August 7, 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 11,037 391 3,925 397 512 856 1,421 792 310 190 309 728 1,206

Special drawing rights certificate acct. 5,200 196 1,818 210 237 412 654 424 150 90 153 282 574

Coin 1,981 34 85 124 137 342 195 288 29 48 160 192 348

Securities, unamortized premiums and

discounts, repurchase agreements,

and loans 3,507,751 91,716 1,945,204 101,626 89,576 218,095 233,013 189,554 56,456 33,321 66,374 136,210 346,604

Securities held outright1 3,306,860 86,471 1,833,789 95,814 84,454 205,623 219,670 178,691 53,208 31,380 62,562 128,413 326,784

U.S. Treasury securities 1,993,375 52,125 1,105,408 57,757 50,909 123,950 132,417 107,715 32,074 18,916 37,712 77,408 196,985

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

Notes and bonds3 1,993,375 52,125 1,105,408 57,757 50,909 123,950 132,417 107,715 32,074 18,916 37,712 77,408 196,985

Federal agency debt securities2 66,521 1,739 36,889 1,927 1,699 4,136 4,419 3,595 1,070 631 1,259 2,583 6,574

Mortgage-backed securities4 1,246,964 32,607 691,493 36,130 31,846 77,537 82,834 67,382 20,064 11,833 23,591 48,423 123,225

Unamortized premiums on securities 

held outright5 203,894 5,332 113,068 5,908 5,207 12,678 13,544 11,018 3,281 1,935 3,857 7,918 20,149

Unamortized discounts on securities 

held outright5 -3,322 -87 -1,842 -96 -85 -207 -221 -180 -53 -32 -63 -129 -328

Repurchase agreements6 0 0 0 0 0 0 0 0 0 0 0 0 0

Loans 319 0 189 1 0 0 19 25 21 38 18 8 0

Net portfolio holdings of Maiden

Lane LLC7 1,490 0 1,490 0 0 0 0 0 0 0 0 0 0

Net portfolio holdings of Maiden

Lane II LLC8 64 0 64 0 0 0 0 0 0 0 0 0 0

Net portfolio holdings of Maiden

Lane III LLC9 22 0 22 0 0 0 0 0 0 0 0 0 0

Net portfolio holdings of TALF LLC10 195 0 195 0 0 0 0 0 0 0 0 0 0

Items in process of collection 680 0 0 0 0 0 679 0 0 0 0 0 0

Bank premises 2,289 119 428 72 112 229 212 200 128 101 249 234 205

Central bank liquidity swaps11 1,479 73 473 114 115 311 84 42 12 6 15 23 210

Foreign currency denominated assets12 24,073 1,183 7,698 1,862 1,877 5,055 1,371 686 201 101 244 382 3,414

Other assets13 29,100 797 15,712 853 760 1,997 1,958 1,571 519 342 574 1,167 2,849

Interdistrict settlement account 0 - 28,122 + 256,328 - 30,608 - 16,847 - 12,705 - 43,049 - 49,299 - 13,908 - 14,111 - 21,650 - 35,120 + 9,091

Total assets 3,585,359 66,386 2,233,441 74,649 76,481 214,592 196,538 144,259 43,896 20,088 46,429 104,098 364,501

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, August 7, 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 1,480,168 46,364 551,787 45,742 61,435 111,915 181,133 96,071 37,236 23,495 39,625 117,644 167,722

Less: Notes held by F.R. Banks 323,250 13,099 91,730 8,978 9,692 14,136 34,835 22,369 4,727 11,014 13,425 61,766 37,478

Federal Reserve notes, net 1,156,918 33,264 460,057 36,764 51,743 97,778 146,298 73,702 32,509 12,481 26,200 55,878 130,244

Reverse repurchase agreements14 93,140 2,436 51,650 2,699 2,379 5,792 6,187 5,033 1,499 884 1,762 3,617 9,204

Deposits 2,270,342 27,856 1,699,011 30,683 17,737 98,820 39,531 63,582 9,240 6,226 17,734 43,373 216,548

Term deposits held by depository

institutions 11,913 5 8,010 800 0 1,045 700 128 0 70 150 5 1,000

Other deposits held by depository

institutions 2,160,982 27,848 1,594,001 29,849 17,731 97,441 38,819 63,417 9,240 6,156 17,582 43,366 215,532

U.S. Treasury, General Account 62,679 0 62,679 0 0 0 0 0 0 0 0 0 0

Foreign official 10,411 2 10,384 3 3 8 2 1 0 0 0 1 6

Other 24,357 0 23,938 31 4 325 10 35 0 0 1 2 10

Deferred availability cash items 918 0 0 0 0 0 805 0 0 112 0 0 0

Interest on Federal Reserve notes due

to U.S. Treasury15 1,907 52 1,029 67 56 143 123 101 28 16 33 67 192

Other liabilities and accrued

dividends16 7,108 181 4,148 211 214 538 400 328 157 136 137 242 417

Total liabilities 3,530,333 63,789 2,215,895 70,424 72,129 203,070 193,344 142,746 43,432 19,855 45,866 103,177 356,604

Capital

Capital paid in 27,513 1,299 8,773 2,113 2,176 5,761 1,597 756 232 117 281 461 3,949

Surplus 27,513 1,299 8,773 2,113 2,176 5,761 1,597 756 232 117 281 461 3,949

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

Total liabilities and capital 3,585,359 66,386 2,233,441 74,649 76,481 214,592 196,538 144,259 43,896 20,088 46,429 104,098 364,501

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, August 7, 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. 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. 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. 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. Revalued daily at current foreign currency exchange rates.

13. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.

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

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.

16. 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 Aug 7, 2013

Federal Reserve notes outstanding 1,480,168

Less: Notes held by F.R. Banks not subject to collateralization 323,250

Federal Reserve notes to be collateralized 1,156,918

Collateral held against Federal Reserve notes 1,156,918

Gold certificate account 11,037

Special drawing rights certificate account 5,200

U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 1,140,681

Other assets pledged 0

Memo:

Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 3,306,860

Less: Face value of securities under reverse repurchase agreements 83,339

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 3,223,521

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.