FEDERAL RESERVE statistical release
H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                             October 25, 2012
 
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 24, 2012
Federal Reserve Banks                                     Oct 24, 2012 Oct 17, 2012 Oct 26, 2011
 
Reserve Bank credit                                        2,829,091   +    9,116   -    3,725    2,823,432
  Securities held outright (1)                             2,603,247   +    8,028   -   33,497    2,597,339
    U.S. Treasury securities                               1,652,282   +    2,157   -   18,625    1,646,524
      Bills (2)                                                    0            0   -   18,423            0
      Notes and bonds, nominal (2)                         1,569,377   +    2,401   -    5,783    1,564,312
      Notes and bonds, inflation-indexed (2)                  72,566   -      289   +    4,970       71,944
      Inflation compensation (3)                              10,339   +       45   +      610       10,269
    Federal agency debt securities (2)                        82,746            0   -   24,922       82,746
    Mortgage-backed securities (4)                           868,219   +    5,870   +   10,050      868,069
  Repurchase agreements (5)                                        0            0            0            0
  Loans                                                        1,409   -       87   -    9,687        1,312
    Primary credit                                                 4   -        8            0            4
    Secondary credit                                               0            0            0            0
    Seasonal credit                                               48   -       13   +       10           46
    Term Asset-Backed Securities Loan Facility (6)             1,357   -       66   -    9,696        1,262
    Other credit extensions                                        0            0            0            0
  Net portfolio holdings of Maiden Lane LLC (7)                1,555   -      152   -   11,538        1,559
  Net portfolio holdings of Maiden Lane II LLC (8)                61            0   -    9,742           61
  Net portfolio holdings of Maiden Lane III LLC (9)               23            0   -   20,393           23
  Net portfolio holdings of TALF LLC (10)                        854   +        1   +       61          855
  Float                                                         -560   +      162   +      456         -577
  Central bank liquidity swaps (11)                           12,177   -      700   +   10,324       12,177
  Other Federal Reserve assets (12)                          210,325   +    1,864   +   70,290      210,683
Gold stock                                                    11,041            0            0       11,041
Special drawing rights certificate account                     5,200            0            0        5,200
Treasury currency outstanding (13)                            44,741   +       14   +      623       44,741

Total factors supplying reserve funds                      2,890,073   +    9,130   -    3,103    2,884,414
 
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 24, 2012
Federal Reserve Banks                                     Oct 24, 2012 Oct 17, 2012 Oct 26, 2011
 
Currency in circulation (13)                               1,134,395   -    1,243   +   92,549    1,135,281
Reverse repurchase agreements (14)                            94,436   -    2,780   +   14,040       91,709
  Foreign official and international accounts                 94,436   -    2,780   +   14,040       91,709
  Others                                                           0            0            0            0
Treasury cash holdings                                           135   +        3   -        7          142
Deposits with F.R. Banks, other than reserve balances        115,751   +   20,913   -   15,644      157,449
  Term deposits held by depository institutions                    0            0            0            0
  U.S. Treasury, General Account                              62,738   +    4,265   -    1,631       52,847
  U.S. Treasury, Supplementary Financing Account                   0            0            0            0
  Foreign official                                             4,983   -      588   +    4,854        4,862
  Service-related                                                  0            0   -    2,509            0
    Required clearing balances                                     0            0   -    2,509            0
    Adjustments to compensate for float                            0            0            0            0
  Other                                                       48,030   +   17,236   -   16,358       99,739
Other liabilities and capital (15)                            68,005   -    2,019   -    3,076       66,591

Total factors, other than reserve balances,
   absorbing reserve funds                                 1,412,723   +   14,875   +   87,864    1,451,172

Reserve balances with Federal Reserve Banks                1,477,350   -    5,745   -   90,967    1,433,241
 
Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.
2. Face value of the securities.
3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed
   securities.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the
   remaining principal balance of the underlying mortgages.
5. Cash value of agreements.
6. Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the Term
   Asset-Backed Securities Loan Facility.
7. Refer to table 4 and the note on consolidation accompanying table 9.
8. Refer to table 5 and the note on consolidation accompanying table 9.
9.  Refer to table 6 and the note on consolidation accompanying table 9.
10. Refer to table 7 and the note on consolidation accompanying table 9.
11. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when
    the foreign currency is returned to the foreign central bank. This exchange rate equals the market
    exchange rate used when the foreign currency was acquired from the foreign central bank.
12. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange
    rates, and the fair value adjustment to credit extended by the FRBNY to eligible borrowers through the
    Term Asset-Backed Securities Loan Facility.
13. Estimated.
14. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt
    securities, and mortgage-backed securities.
15. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to
    entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only
    to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation
    accompanying table 9. Also includes the liability for interest on Federal Reserve notes due to U.S.
    Treasury. Refer to table 8 and table 9.

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.

 
1A. Memorandum Items
Millions of dollars
                                                                Averages of daily figures         Wednesday  
                                                           Week ended   Change from week ended   Oct 24, 2012
Memorandum item                                           Oct 24, 2012 Oct 17, 2012 Oct 26, 2011
 
Marketable securities held in custody for foreign
   official and international accounts (1)                 3,609,200   +    5,902   +  211,946    3,601,053
  U.S. Treasury securities                                 2,912,439   +    6,619   +  237,311    2,904,259
  Federal agency securities (2)                              696,761   -      718   -   25,365      696,794
Securities lent to dealers                                     7,884   +    1,421   -    4,836        6,477
  Overnight facility (3)                                       7,884   +    1,421   -    4,836        6,477
    U.S. Treasury securities                                   7,260   +    1,314   -    4,486        5,910
    Federal agency debt securities                               624   +      107   -      350          567
 
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 24, 2012
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)                                     59          334          112          807            0           ...        1,312
U.S. Treasury securities (2)
  Holdings                                     1          484           17      429,960      823,944       392,119    1,646,524
  Weekly changes                               0            0            0   -   16,434   +       26    +    3,849   -   12,560
Federal agency debt securities (3)
  Holdings                                   844        6,791       16,031       52,323        4,410         2,347       82,746
  Weekly changes                               0   +      107   +      978   -    1,085            0             0            0
Mortgage-backed securities (4)
  Holdings                                     0            0            4            2        1,472       866,592      868,069
  Weekly changes                               0            0            0            0   +        8    +    5,757   +    5,765
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)           7,351        4,825            0            0            0             0       12,177

Reverse repurchase agreements (6)         91,709            0          ...          ...          ...           ...       91,709
Term deposits                                  0            0            0          ...          ...           ...            0
 
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 24, 2012 
 
Mortgage-backed securities held outright (1)                                                                             868,069

Commitments to buy mortgage-backed securities (2)                                                                         92,145
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 24, 2012 
 
Net portfolio holdings of Maiden Lane LLC (1)                                                                              1,559

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                      0
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                           0
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)                                133
 
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, 2012. Any assets purchased after this valuation date are initially recorded at cost until their estimated fair
   value as of the purchase date becomes available.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent
   with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.
3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities
   and accrued dividends in table 8 and table 9.

Note: On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC under the authority of
section 13(3) of the Federal Reserve Act. This limited liability company was formed to acquire certain assets of Bear Stearns and to
manage those assets through time to maximize repayment of the credit extended and to minimize disruption to financial markets.
Payments by Maiden Lane LLC from the proceeds of the net portfolio holdings will be made in the following order: operating expenses
of the LLC, principal due to the FRBNY, interest due to the FRBNY, principal due to JPMorgan Chase & Co., and interest due to
JPMorgan Chase & Co. Any remaining funds will be paid to the FRBNY.

 
5. Information on Principal Accounts of Maiden Lane II LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Oct 24, 2012 
 
Net portfolio holdings of Maiden Lane II LLC (1)                                                                              61

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
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, 2012. Any assets purchased after this valuation date are initially recorded at cost until their estimated fair
   value as of the purchase date becomes available.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent
   with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.
3. Book value. The deferred payment represents the portion of the proceeds of the net portfolio holdings due to subsidiaries of
   American International Group, Inc. in accordance with the asset purchase agreement. The fair value of this payment and accrued
   interest payable are included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in table
   8 and table 9.

Note: On December 12, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane II LLC under the
authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase residential
mortgage-backed securities from the U.S. securities lending reinvestment portfolio of subsidiaries of American International Group,
Inc. (AIG subsidiaries). Payments by Maiden Lane II LLC from the proceeds of the net portfolio holdings will be made in the
following order: operating expenses of Maiden Lane II LLC, principal due to the FRBNY, interest due to the FRBNY, and deferred
payment and interest due to AIG subsidiaries. Any remaining funds will be shared by the FRBNY and AIG subsidiaries.

 
6. Information on Principal Accounts of Maiden Lane III LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Oct 24, 2012 
 
Net portfolio holdings of Maiden Lane III LLC (1)                                                                             23

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                      0
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                           0
Outstanding principal amount and accrued interest on loan payable to 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, 2012. Any assets purchased after this valuation date are initially recorded at cost until their estimated fair
   value as of the purchase date becomes available.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent
   with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.
3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities
   and accrued dividends in table 8 and table 9.

Note: On November 25, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane III LLC under the
authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase multi-sector
collateralized debt obligations (CDOs) on which the Financial Products group of American International Group, Inc. (AIG) has written
credit default swap (CDS) contracts. In connection with the purchase of CDOs, the CDS counterparties will concurrently unwind the
related CDS transactions. Payments by Maiden Lane III LLC from the proceeds of the net portfolio holdings will be made in the
following order: operating expenses of Maiden Lane III LLC, principal due to the FRBNY, interest due to the FRBNY, principal due to
AIG, and interest due to AIG. Any remaining funds will be shared by the FRBNY and AIG.

 
7. Information on Principal Accounts of TALF LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Oct 24, 2012 
 
Asset-backed securities holdings (1)                                                                                           0
Other investments, net                                                                                                       855
Net portfolio holdings of TALF LLC                                                                                           855

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)                                        112
 
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 $1.4 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 24, 2012   Wednesday    Wednesday  
Assets, liabilities, and capital                                                      Oct 17, 2012 Oct 26, 2011
 
Assets
  Gold certificate account                                                  11,037             0            0
  Special drawing rights certificate account                                 5,200             0            0
  Coin                                                                       2,167    -        5   -      179
  Securities, repurchase agreements, and loans                           2,598,652    -    6,957   -   47,292
    Securities held outright (1)                                         2,597,339    -    6,795   -   37,602
      U.S. Treasury securities                                           1,646,524    -   12,560   -   31,488
        Bills (2)                                                                0             0   -   18,423
        Notes and bonds, nominal (2)                                     1,564,312    -   11,384   -   17,935
        Notes and bonds, inflation-indexed (2)                              71,944    -    1,090   +    4,348
        Inflation compensation (3)                                          10,269    -       85   +      522
      Federal agency debt securities (2)                                    82,746             0   -   24,922
      Mortgage-backed securities (4)                                       868,069    +    5,765   +   18,808
    Repurchase agreements (5)                                                    0             0            0
    Loans                                                                    1,312    -      163   -    9,692
  Net portfolio holdings of Maiden Lane LLC (6)                              1,559    +        5   -   11,370
  Net portfolio holdings of Maiden Lane II LLC (7)                              61             0   -    9,411
  Net portfolio holdings of Maiden Lane III LLC (8)                             23             0   -   17,992
  Net portfolio holdings of TALF LLC (9)                                       855    +        2   +       61
  Items in process of collection                             (89)              203    +       64   -      126
  Bank premises                                                              2,350    +        3   +      164
  Central bank liquidity swaps (10)                                         12,177    -      700   +   10,324
  Other assets (11)                                                        208,333    +    1,623   +   70,063

Total assets                                                 (89)        2,842,615    -    5,967   -    5,760
 
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 24, 2012   Wednesday    Wednesday  
Assets, liabilities, and capital                                                      Oct 17, 2012 Oct 26, 2011
 
Liabilities
  Federal Reserve notes, net of F.R. Bank holdings                       1,092,845    -      996   +   91,271
  Reverse repurchase agreements (12)                                        91,709    -    9,598   +   10,393
  Deposits                                                    (0)        1,590,690    +    5,141   -  106,311
    Term deposits held by depository institutions                                0             0            0
    Other deposits held by depository institutions                       1,433,241    -   73,008   -  154,801
    U.S. Treasury, General Account                                          52,847    -   15,753   -    2,340
    U.S. Treasury, Supplementary Financing Account                               0             0            0
    Foreign official                                                         4,862    -      699   +    4,730
    Other                                                     (0)           99,739    +   94,600   +   46,099
  Deferred availability cash items                           (89)              780    -       61   -      337
  Other liabilities and accrued dividends (13)                              11,842    -      463   -    3,469

Total liabilities                                            (89)        2,787,866    -    5,977   -    8,453

Capital accounts
  Capital paid in                                                           27,374    +        5   +    1,346
  Surplus                                                                   27,374    +        5   +    1,346
  Other capital accounts                                                         0             0            0

Total capital                                                               54,748    +       10   +    2,691
 
Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.
2. Face value of the securities.
3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed
   securities.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the
   remaining principal balance of the underlying mortgages.
5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
6. Refer to table 4 and the note on consolidation accompanying table 9.
7. Refer to table 5 and the note on consolidation accompanying table 9.
8. Refer to table 6 and the note on consolidation accompanying table 9.
9.  Refer to table 7 and the note on consolidation accompanying table 9.
10. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when
    the foreign currency is returned to the foreign central bank. This exchange rate equals the market exchange
    rate used when the foreign currency was acquired from the foreign central bank.
11. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates
    and the fair value adjustment to credit extended by the Federal Reserve Bank of New York (FRBNY) to
    eligible borrowers through the Term Asset-Backed Securities Loan Facility.
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt
    securities, and mortgage-backed securities.
13. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to
    entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only to
    the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation
    accompanying table 9. Also includes the liability for interest on Federal Reserve notes due to U.S.
    Treasury.


 
9. Statement of Condition of Each Federal Reserve Bank,   October 24, 2012
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         408       3,824         437         515         890       1,337         839         313         192         315         725       1,242
  Special drawing rights certificate acct.       5,200         196       1,818         210         237         412         654         424         150          90         153         282         574
  Coin                                           2,167          51         109         149         147         383         204         314          35          51         163         205         357
  Securities, repurchase agreements,
     and loans                               2,598,652      63,084   1,457,472      85,862      66,036     184,856     156,613     144,091      40,607      23,631      52,187     100,929     223,283
    Securities held outright (1)             2,597,339      63,084   1,456,210      85,862      66,036     184,856     156,602     144,089      40,607      23,612      52,182     100,920     223,279
      U.S. Treasury securities               1,646,524      39,991     923,131      54,431      41,862     117,185      99,274      91,342      25,742      14,968      33,079      63,976     141,543
        Bills (2)                                    0           0           0           0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                  1,646,524      39,991     923,131      54,431      41,862     117,185      99,274      91,342      25,742      14,968      33,079      63,976     141,543
      Federal agency debt securities (2)        82,746       2,010      46,392       2,735       2,104       5,889       4,989       4,590       1,294         752       1,662       3,215       7,113
      Mortgage-backed securities (4)           868,069      21,084     486,687      28,696      22,070      61,782      52,339      48,157      13,571       7,892      17,440      33,729      74,623
    Repurchase agreements (5)                        0           0           0           0           0           0           0           0           0           0           0           0           0
    Loans                                        1,312           0       1,262           0           0           0          11           2           1          19           5           8           4
  Net portfolio holdings of Maiden
     Lane LLC (6)                                1,559           0       1,559           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane II LLC (7)                                61           0          61           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane III LLC (8)                               23           0          23           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (9)           855           0         855           0           0           0           0           0           0           0           0           0           0
  Items in process of collection                   291           1           0          40          23           4         189           5           3           3           2           4          18
  Bank premises                                  2,350         121         455          69         122         229         214         203         130         104         254         240         210
  Central bank liquidity swaps (10)             12,177         427       3,928       1,056         900       2,519         696         325         100          50         121         195       1,860
  Other assets (11)                            208,333       5,366     110,286       8,273       6,549      18,448      12,514      10,808       3,105       1,818       3,946       7,613      19,608
  Interdistrict settlement account                   0   +   5,776   -  12,148   -  13,674   -     287   -  38,226   +  27,692   -  13,363   +     848   +   2,619   -   4,368   +     827   +  44,305

Total assets                                 2,842,703      75,430   1,568,240      82,422      74,242     169,515     200,113     143,646      45,290      28,557      52,773     111,019     291,456
 
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 24, 2012 (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          1,319,271      46,929     460,938      47,659      60,919     101,689     177,720      94,335      37,534      22,538      36,092      89,926     142,992
    Less: Notes held by F.R. Banks             226,426       5,609      85,794       5,832       8,738      12,864      28,171      13,784       4,694       3,428       5,070      25,018      27,424
      Federal Reserve notes, net             1,092,845      41,320     375,144      41,827      52,180      88,825     149,548      80,551      32,840      19,110      31,023      64,909     115,569
  Reverse repurchase agreements (12)            91,709       2,227      51,417       3,032       2,332       6,527       5,529       5,088       1,434         834       1,842       3,563       7,884
  Deposits                                   1,590,690      28,883   1,117,459      32,905      15,093      62,094      41,103      55,829      10,316       8,011      19,084      41,174     158,739
    Term deposits held by depository
       institutions                                  0           0           0           0           0           0           0           0           0           0           0           0           0
    Other deposits held by depository
       institutions                          1,433,241      28,877     960,250      32,896      15,090      61,917      41,092      55,808      10,316       8,011      19,082      41,171     158,732
    U.S. Treasury, General Account              52,847           0      52,847           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                             4,862           1       4,835           3           3           8           2           1           0           0           0           1           6
    Other                                       99,739           4      99,527           6           0         169           8          21           0           0           1           3           1
  Deferred availability cash items                 868          27           0          78          43          17         186          19          21         200          26          62         189
  Interest on Federal Reserve notes due
     to U.S. Treasury (13)                       2,007          47       1,231          43          31          88         115         123          32          19          46          84         148
  Other liabilities and accrued
     dividends (14)                              9,836         254       5,530         331         308         798         544         486         196         154         200         350         686

Total liabilities                            2,787,955      72,757   1,550,781      78,216      69,987     158,349     197,025     142,095      44,838      28,328      52,221     110,143     283,215

Capital
  Capital paid in                               27,374       1,336       8,730       2,103       2,127       5,583       1,544         775         226         115         276         438       4,121
  Surplus                                       27,374       1,336       8,730       2,103       2,127       5,583       1,544         775         226         115         276         438       4,121
  Other capital                                      0           0           0           0           0           0           0           0           0           0           0           0           0

Total liabilities and capital                2,842,703      75,430   1,568,240      82,422      74,242     169,515     200,113     143,646      45,290      28,557      52,773     111,019     291,456
 
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 24, 2012 (continued)
1. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.
2. Face value of the securities.
3. Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such securities.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the underlying mortgages.
5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
6. Refer to table 4 and the note on consolidation below.
7. Refer to table 5 and the note on consolidation below.
8. Refer to table 6 and the note on consolidation below.
9.  Refer to table 7 and the note on consolidation below.
10. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals
    the market exchange rate used when the foreign currency was acquired from the foreign central bank.
11. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates and the fair value adjustment to credit extended by the Federal Reserve Bank of New York
    (FRBNY) to eligible	borrowers through the Term Asset-Backed Securities Loan Facility.
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.
13. Represents the estimated weekly remittances to U.S Treasury as interest on Federal Reserve notes or, in those cases where the Reserve Bank's net earnings are not sufficient to equate surplus to
    capital paid-in, the deferred asset for interest on Federal Reserve notes. The amount of any deferred asset, which is presented as a negative amount in this line, represents the amount of the
    Federal Reserve Bank's earnings that must be retained before remittances to the U.S. Treasury resume. The amounts on this line are calculated in accordance with Board of Governors policy, which
    requires the Federal Reserve Banks to remit residual earnings to the U.S. Treasury as interest on Federal Reserve notes after providing for the costs of operations, payment of dividends, and the
    amount necessary to equate surplus with capital paid-in.
14. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to entities other than the Federal Reserve Bank of New York, including liabilities that have
    recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation below.


Note on consolidation:

The Federal Reserve Bank of New York (FRBNY) has extended loans to several limited liability companies under the authority of section 13(3) of the Federal Reserve Act. On June 26, 2008, a loan was
extended to Maiden Lane LLC, which was formed to acquire certain assets of Bear Stearns. On November 25, 2008, a loan was extended to Maiden Lane III LLC, which was formed to purchase multi-sector
collateralized debt obligations on which the Financial Products group of the American International Group, Inc. has written credit default swap contracts. On December 12, 2008, a loan was extended to
Maiden Lane II LLC, which was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment portfolio of subsidiaries of American International Group, Inc.
On November 25, 2008, the Federal Reserve Board authorized the FRBNY to extend credit to TALF LLC, which was formed to purchase and manage any asset-backed securities received by the FRBNY in
connection with the decision of a borrower not to repay a loan extended under the Term Asset-Backed Securities Loan Facility.

The FRBNY is the primary beneficiary of TALF LLC, because of the two beneficiaries of the LLC, the FRBNY and the U.S. Treasury, the FRBNY is primarily responsible for directing the financial
activities of TALF LLC. The FRBNY is the primary beneficiary of the other LLCs cited above because it will receive a majority of any residual returns of the LLCs and absorb a majority of any residual
losses of the LLCs. Consistent with generally accepted accounting principles, the assets and liabilities of these LLCs have been consolidated with the assets and liabilities of the FRBNY in the
preparation of the statements of condition shown on this release. As a consequence of the consolidation, the extensions of credit from the FRBNY to the LLCs are eliminated, the net assets of the LLCs
appear as assets on the previous page (and in table 1 and table 8), and the liabilities of the LLCs to entities other than the FRBNY, including those with recourse only to the portfolio holdings of
the LLCs, are included in other liabilities in this table (and table 1 and table 8).

 
10. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
                                                                                            Wednesday   
Federal Reserve notes and collateral                                                       Oct 24, 2012 
 
Federal Reserve notes outstanding                                                          1,319,271
  Less: Notes held by F.R. Banks not subject to collateralization                            226,426
    Federal Reserve notes to be collateralized                                             1,092,845
Collateral held against Federal Reserve notes                                              1,092,845
  Gold certificate account                                                                    11,037
  Special drawing rights certificate account                                                   5,200
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                 1,076,608
  Other assets pledged                                                                             0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                     2,597,339
  Less: Face value of securities under reverse repurchase agreements                          78,603
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged      2,518,736
 
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.