FEDERAL RESERVE statistical release
H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                              October 6, 2011
 
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    Oct 5, 2011
Federal Reserve Banks                                      Oct 5, 2011 Sep 28, 2011  Oct 6, 2010
 
Reserve Bank credit                                        2,835,674   -    2,681   +  551,117    2,842,830
  Securities held outright (1)                             2,645,193   -    2,333   +  598,245    2,650,936
    U.S. Treasury securities                               1,666,041   +    2,441   +  851,737    1,671,784
      Bills (2)                                               18,423            0            0       18,423
      Notes and bonds, nominal (2)                         1,570,406   +    1,608   +  822,337    1,576,077
      Notes and bonds, inflation-indexed (2)                  67,548   +      723   +   25,230       67,597
      Inflation compensation (3)                               9,665   +      112   +    4,172        9,688
    Federal agency debt securities (2)                       108,268            0   -   45,837      108,268
    Mortgage-backed securities (4)                           870,883   -    4,776   -  207,656      870,883
  Repurchase agreements (5)                                        0            0            0            0
  Loans                                                       11,406   -       45   -   37,747       11,396
    Primary credit                                                26   -        3   -       63           29
    Secondary credit                                               0            0            0            0
    Seasonal credit                                               76   -       13   +       11           63
    Credit extended to American International
       Group, Inc., net (6)                                        0            0   -   19,497            0
    Term Asset-Backed Securities Loan Facility (7)            11,303   -       30   -   18,198       11,303
    Other credit extensions                                        0            0            0            0
  Net portfolio holdings of Maiden Lane LLC (8)               15,486   +        2   -   12,992       15,485
  Net portfolio holdings of Maiden Lane II LLC (9)             9,957   -       12   -    5,890        9,852
  Net portfolio holdings of Maiden Lane III LLC (10)          21,181   +       16   -    1,822       21,235
  Net portfolio holdings of TALF LLC (11)                        785            0   +      184          785
  Preferred interests in AIA Aurora LLC and ALICO
     Holdings LLC (6)                                              0            0   -   26,057            0
  Float                                                       -1,051   -       97   +      660       -1,254
  Central bank liquidity swaps (12)                              500            0   +      439          500
  Other Federal Reserve assets (13)                          132,217   -      211   +   36,096      133,895
Gold stock                                                    11,041            0            0       11,041
Special drawing rights certificate account                     5,200            0            0        5,200
Treasury currency outstanding (14)                            44,135   +       14   +      722       44,135

Total factors supplying reserve funds                      2,896,050   -    2,666   +  551,839    2,903,205
 
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    Oct 5, 2011
Federal Reserve Banks                                      Oct 5, 2011 Sep 28, 2011  Oct 6, 2010
 
Currency in circulation (14)                               1,038,966   +    3,196   +   82,745    1,042,420
Reverse repurchase agreements (15)                            84,097   +      218   +   20,103       82,828
  Foreign official and international accounts                 84,097   +      218   +   20,103       82,828
  Others                                                           0            0            0            0
Treasury cash holdings                                           125   +       11   -      110          130
Deposits with F.R. Banks, other than reserve balances         97,537   -   33,168   -  168,246       83,282
  Term deposits held by depository institutions                5,077            0   +    2,958        5,077
  U.S. Treasury, General Account                              43,655   -   12,063   -   14,470       31,623
  U.S. Treasury, Supplementary Financing Account                   0            0   -  199,962            0
  Foreign official                                             1,570   +    1,068   -      614          219
  Service-related                                              2,514   -        1   +      107        2,514
    Required clearing balances                                 2,514   -        1   +      107        2,514
    Adjustments to compensate for float                            0            0            0            0
  Other                                                       44,722   -   22,170   +   43,735       43,850
Funds from American International Group, Inc. asset
   dispositions, held as agent (6)                                 0            0            0            0
Other liabilities and capital (16)                            70,935   -      425   -    1,712       70,453

Total factors, other than reserve balances,
   absorbing reserve funds                                 1,291,660   -   30,168   -   67,220    1,279,113

Reserve balances with Federal Reserve Banks                1,604,390   +   27,502   +  619,059    1,624,092
 
Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.
2. Face value of the securities.
3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed
   securities.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the
   remaining principal balance of the underlying mortgages.
5. Cash value of agreements.
6. As a result of the closing of the American International Group, Inc. (AIG) recapitalization plan on
   January 14, 2011, the credit extended to AIG was fully repaid and the Federal Reserve's commitment to lend
   any further funds was terminated. In addition, the Federal Reserve Bank of New York (FRBNY) has been paid
   in full for its preferred interests in AIA Aurora LLC and ALICO Holdings LLC. The funds from AIG asset
   dispositions that FRBNY held as agent were the source of repayment of the credit extended to AIG, as well
   as a portion of the FRBNY's preferred interests in ALICO Holdings LLC. The remaining FRBNY preferred
   interests in ALICO Holdings LLC and AIA Aurora LLC, valued at approximately $20 billion, were purchased by
   AIG through a draw on the Treasury's Series F preferred stock commitment and then transferred by AIG to
   the Treasury as consideration for the draw on the available Series F funds.
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 other assets denominated in foreign currencies, which are revalued daily at market exchange
    rates, and the fair value adjustment to credit extended by the FRBNY to eligible borrowers through the
    Term Asset-Backed Securities Loan Facility. Before the closing of the AIG recapitalization plan on
    January 14, 2011, included accrued dividends on the FRBNY's preferred interests in AIA Aurora LLC and
    ALICO Holdings LLC.
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 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.

 
1A. Memorandum Items
Millions of dollars
                                                                Averages of daily figures         Wednesday  
                                                           Week ended   Change from week ended    Oct 5, 2011
Memorandum item                                            Oct 5, 2011 Sep 28, 2011  Oct 6, 2010
 
Marketable securities held in custody for foreign
   official and international accounts (1)                 3,424,622   -   11,396   +  173,517    3,418,465
  U.S. Treasury securities                                 2,700,942   -    3,882   +  201,192    2,696,710
  Federal agency securities (2)                              723,680   -    7,514   -   27,675      721,755
Securities lent to dealers                                    14,616   +    3,271   +    5,068       11,198
  Overnight facility (3)                                      14,616   +    3,271   +    5,068       11,198
    U.S. Treasury securities                                  13,686   +    3,091   +    5,716       10,219
    Federal agency debt securities                               930   +      180   -      648          979
 
Note: Components may not sum to totals because of rounding.

1. Face value of the securities. Includes U.S. Treasury STRIPS and other zero-coupon bonds at face value and
   mortgage-backed securities at original face value.
2. Includes debt and mortgage-backed securities.
3. Fully collateralized by U.S. Treasury securities.

 
2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities,    October 5, 2011
Millions of dollars
                                       Within 15    16 days to   91 days to  Over 1 year  Over 5 years    Over 10        All     
Remaining maturity                        days       90 days       1 year     to 5 years   to 10 years     years    
 
Loans (1)                                     35           57        3,965        7,338            0           ...       11,396
U.S. Treasury securities (2)
  Holdings                                14,641       23,926      130,712      717,655      583,799       201,050    1,671,784
  Weekly changes                      -    1,268   +    1,049   +    1,600   +    3,121   +      109    +    2,517   +    7,129
Federal agency debt securities (3)
  Holdings                                   600        3,674       20,589       62,913       18,145         2,347      108,268
  Weekly changes                      +      600   +      102   -      702            0            0             0            0
Mortgage-backed securities (4)
  Holdings                                     0            0            0           13           22       870,848      870,883
  Weekly changes                               0            0            0   -        1            0             0            0
Asset-backed securities held by
   TALF LLC (5)                                0            0            0            0            0             0            0
Repurchase agreements (6)                      0            0          ...          ...          ...           ...            0
Central bank liquidity swaps (7)             500            0            0            0            0             0          500

Reverse repurchase agreements (6)         82,828            0          ...          ...          ...           ...       82,828
Term deposits                              5,077            0            0          ...          ...           ...        5,077
 
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.

 
3. Supplemental Information on Mortgage-Backed Securities
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                            Oct 5, 2011 
 
Mortgage-backed securities held outright (1)                                                                             870,883

Commitments to buy mortgage-backed securities (2)                                                                          3,950
Commitments to sell mortgage-backed securities (2)                                                                             0

Cash and cash equivalents (3)                                                                                                  0
 
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                                                                                                            Oct 5, 2011 
 
Net portfolio holdings of Maiden Lane LLC (1)                                                                             15,485

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                 12,212
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         739
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)                              1,368
 
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, 2011. 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                                                                                                            Oct 5, 2011 
 
Net portfolio holdings of Maiden Lane II LLC (1)                                                                           9,852

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                  6,507
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         548
Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc. (3)                    1,098
 
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, 2011. 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.

 
6. Information on Principal Accounts of Maiden Lane III LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                            Oct 5, 2011 
 
Net portfolio holdings of Maiden Lane III LLC (1)                                                                         21,235

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                 10,221
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         661
Outstanding principal amount and accrued interest on loan payable to American International Group, Inc. (3)                5,499
 
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, 2011. 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                                                                                                            Oct 5, 2011 
 
Asset-backed securities holdings (1)                                                                                           0
Other investments, net                                                                                                       785
Net portfolio holdings of TALF LLC                                                                                           785

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
Funding provided by U.S. Treasury to TALF LLC, including accrued interest payable (3)                                        109
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
   be conducted in an orderly market on the measurement date.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent
   with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.
3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities
   and accrued dividends in table 8 and table 9.

Note: On November 25, 2008, the Federal Reserve announced the creation of the Term Asset-Backed Securities Loan Facility (TALF)
under the authority of section 13(3) of the Federal Reserve Act. The TALF is a facility under which the Federal Reserve Bank of New
York (FRBNY) extends loans with a term of up to five years to holders of eligible asset-backed securities. The TALF is intended to
assist financial markets in accommodating the credit needs of consumers and businesses by facilitating the issuance of asset-backed
securities collateralized by a variety of consumer and business loans. The loans provided through the TALF to eligible borrowers are
non-recourse, meaning that the obligation of the borrower can be discharged by surrendering the collateral to the FRBNY. The loans
are extended for the market value of the security less an amount known as a haircut. As a result, the borrower bears the initial
risk of a decline in the value of the security.

TALF LLC is a limited liability company formed to purchase and manage any asset-backed securities received by the FRBNY in
connection with the decision of a borrower not to repay a TALF loan. TALF LLC has committed, for a fee, to purchase all asset-backed
securities received by the FRBNY in conjunction with a TALF loan at a price equal to the TALF loan plus accrued but unpaid interest.
Losses on asset-backed securities held by TALF LLC will be offset in the following order: by the commitment fees collected by TALF
LLC, 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.

 
8. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
                                                       Eliminations from  Wednesday         Change since       
                                                        consolidation    Oct 5, 2011   Wednesday    Wednesday  
Assets, liabilities, and capital                                                      Sep 28, 2011  Oct 6, 2010
 
Assets
  Gold certificate account                                                  11,037             0            0
  Special drawing rights certificate account                                 5,200             0            0
  Coin                                                                       2,257    +       13   +      143
  Securities, repurchase agreements, and loans                           2,662,332    +    7,064   +  561,133
    Securities held outright (1)                                         2,650,936    +    7,130   +  599,220
      U.S. Treasury securities                                           1,671,784    +    7,129   +  852,712
        Bills (2)                                                           18,423             0            0
        Notes and bonds, nominal (2)                                     1,576,077    +    6,748   +  823,245
        Notes and bonds, inflation-indexed (2)                              67,597    +      343   +   25,279
        Inflation compensation (3)                                           9,688    +       39   +    4,189
      Federal agency debt securities (2)                                   108,268             0   -   45,837
      Mortgage-backed securities (4)                                       870,883             0   -  207,656
    Repurchase agreements (5)                                                    0             0            0
    Loans                                                                   11,396    -       66   -   38,087
  Net portfolio holdings of Maiden Lane LLC (6)                             15,485    -       21   -   13,025
  Net portfolio holdings of Maiden Lane II LLC (7)                           9,852    -      147   -    5,822
  Net portfolio holdings of Maiden Lane III LLC (8)                         21,235    +       65   -    1,547
  Net portfolio holdings of TALF LLC (9)                                       785             0   +      184
  Preferred interests in AIA Aurora LLC and ALICO
     Holdings LLC (10)                                                           0             0   -   26,057
  Items in process of collection                            (122)              263    -       17   -      200
  Bank premises                                                              2,181    -        4   -       41
  Central bank liquidity swaps (11)                                            500             0   +      439
  Other assets (12)                                                        131,705    +    1,647   +   36,392

Total assets                                                (122)        2,862,832    +    8,599   +  551,601
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

 
8. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
                                                       Eliminations from  Wednesday         Change since       
                                                        consolidation    Oct 5, 2011   Wednesday    Wednesday  
Assets, liabilities, and capital                                                      Sep 28, 2011  Oct 6, 2010
 
Liabilities
  Federal Reserve notes, net of F.R. Bank holdings                       1,000,668    +    4,348   +   82,059
  Reverse repurchase agreements (13)                                        82,828    +       13   +   18,388
  Deposits                                                    (0)        1,707,365    +    4,249   +  453,952
    Term deposits held by depository institutions                            5,077             0   +    2,958
    Other deposits held by depository institutions                       1,626,597    +   17,601   +  626,583
    U.S. Treasury, General Account                                          31,623    -   13,319   -   17,907
    U.S. Treasury, Supplementary Financing Account                               0             0   -  199,962
    Foreign official                                                           219    -        6   -    1,126
    Other                                                     (0)           43,850    -       26   +   43,406
  Deferred availability cash items                          (122)            1,517    +      214   -    1,081
  Other liabilities and accrued dividends (14)                              18,420    -      249   +    3,391

Total liabilities                                           (122)        2,810,799    +    8,575   +  556,710

Capital accounts
  Capital paid in                                                           26,016    +       12   -      671
  Surplus                                                                   26,016    +       12   +      135
  Other capital accounts                                                         0             0   -    4,575

Total capital                                                               52,033    +       25   -    5,109
 
Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.
2. Face value of the securities.
3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed
   securities.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the
   remaining principal balance of the underlying mortgages.
5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
6. Refer to table 4 and the note on consolidation accompanying table 9.
7. Refer to table 5 and the note on consolidation accompanying table 9.
8. Refer to table 6 and the note on consolidation accompanying table 9.
9.  Refer to table 7 and the note on consolidation accompanying table 9.
10. As a result of the closing of the AIG recapitalization plan on January 14, 2011, the Federal Reserve Bank
    of New York has been paid in full for its	preferred interests in AIA Aurora LLC and ALICO Holdings LLC. A
    portion of the preferred interests was redeemed by AIG with the funds from AIG asset dispositions that were
    held as agent by the Federal Reserve.
11. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when
    the foreign currency is returned to the foreign central bank. This exchange rate equals the market exchange
    rate used when the foreign currency was acquired from the foreign central bank.
12. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates
    and the fair value adjustment to credit extended by the Federal Reserve Bank of New York (FRBNY) to
    eligible borrowers through the Term Asset-Backed Securities Loan Facility. Before the closing of the AIG
    recapitalization plan on January 14, 2011, included accrued dividends on the FRBNY's preferred interests in
    AIA Aurora LLC and ALICO Holdings LLC.
13. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt
    securities, and mortgage-backed securities.
14. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to
    entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only to
    the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation
    accompanying table 9. Also includes the liability for interest on Federal Reserve notes due to U.S.
    Treasury. Before the closing of the AIG recapitalization plan on January 14, 2011, included funds from
    American International Group, Inc. asset dispositions, held as agent.


 
9. Statement of Condition of Each Federal Reserve Bank,    October 5, 2011
Millions of dollars
                                               Total      Boston     New York   Philadelphia Cleveland   Richmond     Atlanta     Chicago    St. Louis  Minneapolis   Kansas      Dallas        San    
Assets, liabilities, and capital                                                                                                                                       City                  Francisco 
 
Assets
  Gold certificate account                      11,037         390       3,866         432         450         872       1,394         854         319         197         318         728       1,217
  Special drawing rights certificate acct.       5,200         196       1,818         210         237         412         654         424         150          90         153         282         574
  Coin                                           2,257          56          82         163         160         384         209         336          34          57         169         238         370
  Securities, repurchase agreements,
     and loans                               2,662,332      65,177   1,244,102      90,811      71,607     306,156     197,090     157,457      50,186      40,763      70,532     104,846     263,605
    Securities held outright (1)             2,650,936      65,177   1,232,799      90,811      71,607     306,156     197,077     157,427      50,174      40,741      70,516     104,845     263,605
      U.S. Treasury securities               1,671,784      41,103     777,451      57,269      45,158     193,074     124,285      99,280      31,642      25,693      44,470      66,119     166,240
        Bills (2)                               18,423         453       8,567         631         498       2,128       1,370       1,094         349         283         490         729       1,832
        Notes and bonds (3)                  1,653,362      40,650     768,884      56,638      44,661     190,946     122,915      98,186      31,293      25,410      43,980      65,391     164,408
      Federal agency debt securities (2)       108,268       2,662      50,349       3,709       2,925      12,504       8,049       6,430       2,049       1,664       2,880       4,282      10,766
      Mortgage-backed securities (4)           870,883      21,412     404,998      29,833      23,524     100,578      64,744      51,718      16,483      13,384      23,166      34,444      86,599
    Repurchase agreements (5)                        0           0           0           0           0           0           0           0           0           0           0           0           0
    Loans                                       11,396           0      11,303           0           0           0          12          30          12          22          16           1           0
  Net portfolio holdings of Maiden
     Lane LLC (6)                               15,485           0      15,485           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane II LLC (7)                             9,852           0       9,852           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane III LLC (8)                           21,235           0      21,235           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (9)           785           0         785           0           0           0           0           0           0           0           0           0           0
  Preferred interests in AIA Aurora LLC
     and ALICO Holdings LLC (10)                     0           0           0           0           0           0           0           0           0           0           0           0           0
  Items in process of collection                   385          41           0          45         118           7          18          40           7          11          16          18          66
  Bank premises                                  2,181         123         255          67         126         234         214         205         134         106         260         246         212
  Central bank liquidity swaps (11)                500          17         145          48          37         103          29          13           4          15           5           8          77
  Other assets (12)                            131,705       3,527      56,405       6,173       4,815      17,645       9,372       6,912       2,240       2,474       3,047       4,584      14,512
  Interdistrict settlement account                   0   +   7,107   + 261,481   -  14,236   -   2,004   - 134,900   -  34,623   -  13,553   -   8,246   -  17,106   -  16,693   +     393   -  27,621

Total assets                                 2,862,954      76,633   1,615,510      83,714      75,547     190,913     174,356     152,688      44,828      26,606      57,806     111,342     253,011
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

 
9. Statement of Condition of Each Federal Reserve Bank,    October 5, 2011 (continued)
Millions of dollars
                                               Total      Boston     New York   Philadelphia Cleveland   Richmond     Atlanta     Chicago    St. Louis  Minneapolis   Kansas      Dallas        San    
Assets, liabilities, and capital                                                                                                                                       City                  Francisco 
 
Liabilities
  Federal Reserve notes outstanding          1,167,703      43,194     389,168      46,444      54,901      95,453     146,404      90,457      33,913      20,878      34,119      77,879     134,894
    Less: Notes held by F.R. Banks             167,035       5,664      45,460       6,959       8,666      11,877      26,310      12,995       4,339       5,506       3,608      10,886      24,765
      Federal Reserve notes, net             1,000,668      37,530     343,708      39,485      46,235      83,576     120,093      77,463      29,574      15,372      30,511      66,992     110,129
  Reverse repurchase agreements (13)            82,828       2,036      38,519       2,837       2,237       9,566       6,158       4,919       1,568       1,273       2,203       3,276       8,236
  Deposits                                   1,707,365      34,861   1,203,370      36,042      22,631      85,759      44,517      68,220      12,975       9,344      24,287      39,885     125,474
    Term deposits held by depository
       institutions                              5,077          20       1,270         605           0       2,015           0         555           0          60           1           6         545
    Other deposits held by depository
       institutions                          1,626,597      34,819   1,126,706      35,433      22,628      83,533      44,515      67,637      12,966       9,281      24,284      39,878     124,917
    U.S. Treasury, General Account              31,623           0      31,623           0           0           0           0           0           0           0           0           0           0
    U.S. Treasury, Supplementary
       Financing Account                             0           0           0           0           0           0           0           0           0           0           0           0           0
    Foreign official                               219           1         190           4           3           8           2           1           0           1           0           1           6
    Other                                       43,850          21      43,581           0           0         203           0          28           8           2           1           0           6
  Deferred availability cash items               1,639         109           0         260         203          53          94         122          64         245          82          86         321
  Interest on Federal Reserve notes due
     to U.S. Treasury (14)                       1,058          14         554          10           6          96         114          60          24          17          35          49          78
  Other liabilities and accrued
     dividends (15)                             17,363         197      13,762         265         271         740         448         382         173         136         169         266         554

Total liabilities                            2,810,921      74,748   1,599,912      78,899      71,582     179,789     171,424     151,166      44,377      26,387      57,287     110,555     244,793

Capital
  Capital paid in                               26,016         943       7,799       2,407       1,982       5,562       1,466         761         225         109         259         393       4,109
  Surplus                                       26,016         943       7,799       2,407       1,982       5,562       1,466         761         225         109         259         393       4,109
  Other capital                                      0           0           0           0           0           0           0           0           0           0           0           0           0

Total liabilities and capital                2,862,954      76,633   1,615,510      83,714      75,547     190,913     174,356     152,688      44,828      26,606      57,806     111,342     253,011
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

9. Statement of Condition of Each Federal Reserve Bank,    October 5, 2011 (continued)
1. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.
2. Face value of the securities.
3. Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such securities.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the underlying mortgages.
5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
6. Refer to table 4 and the note on consolidation below.
7. Refer to table 5 and the note on consolidation below.
8. Refer to table 6 and the note on consolidation below.
9.  Refer to table 7 and the note on consolidation below.
10. As a result of the closing of the AIG recapitalization plan on January 14, 2011, the Federal Reserve Bank of New York has been paid in full for its preferred interests in AIA Aurora LLC and ALICO
    Holdings LLC. A portion of the preferred interests was redeemed by AIG with the funds from AIG asset dispositions that were held as agent by the Federal Reserve.
11. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals
    the market exchange rate used when the foreign currency was acquired from the foreign central bank.
12. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates and the fair value adjustment to credit extended by the Federal Reserve Bank of New York
    (FRBNY) to eligible	borrowers through the Term Asset-Backed Securities Loan Facility. Before the closing of the AIG recapitalization plan on January 14, 2011, included accrued dividends on the
    FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC.
13. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.
14. 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.
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 below. Before the closing of the AIG recapitalization plan on January 14,
    2011, included funds from American International Group, Inc. asset dispositions, held as agent.


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).

 
10. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
                                                                                            Wednesday   
Federal Reserve notes and collateral                                                        Oct 5, 2011 
 
Federal Reserve notes outstanding                                                          1,167,703
  Less: Notes held by F.R. Banks not subject to collateralization                            167,035
    Federal Reserve notes to be collateralized                                             1,000,668
Collateral held against Federal Reserve notes                                              1,000,668
  Gold certificate account                                                                    11,037
  Special drawing rights certificate account                                                   5,200
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   984,431
  Other assets pledged                                                                             0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                     2,650,936
  Less: Face value of securities under reverse repurchase agreements                          71,429
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged      2,579,507
 
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.