FEDERAL RESERVE statistical release
H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                              August 19, 2010
 
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   Aug 18, 2010
Federal Reserve Banks                                     Aug 18, 2010 Aug 11, 2010 Aug 19, 2009
 
Reserve Bank credit                                        2,302,506   -    6,482   +  276,966    2,296,664
  Securities held outright (1)                             2,052,150   -    2,360   +  603,329    2,049,778
    U.S. Treasury securities                                 777,367   +      355   +   46,328      779,549
      Bills (2)                                               18,423            0            0       18,423
      Notes and bonds, nominal (2)                           712,384   +      364   +   49,914      714,571
      Notes and bonds, inflation-indexed (2)                  41,129            0   -    3,459       41,129
      Inflation compensation (3)                               5,431   -       10   -      128        5,427
    Federal agency debt securities (2)                       157,625   -    1,756   +   46,857      157,211
    Mortgage-backed securities (4)                         1,117,158   -      959   +  510,144    1,113,017
  Repurchase agreements (5)                                        0            0            0            0
  Term auction credit                                              0            0   -  221,081            0
  Other loans                                                 61,909   -      465   -   45,235       61,921
    Primary credit                                                12   -        2   -   30,699           57
    Secondary credit                                               0   -        1   -      710            0
    Seasonal credit                                               82   +        3   -       36           89
    Asset-Backed Commercial Paper Money Market
       Mutual Fund Liquidity Facility                              0            0   -      113            0
    Credit extended to American International
       Group, Inc., net (6)                                   23,511   -        1   -   15,688       23,487
    Term Asset-Backed Securities Loan Facility (7)            38,305   -      463   +    2,013       38,288
    Other credit extensions                                        0            0            0            0
  Net portfolio holdings of Commercial Paper
     Funding Facility LLC (8)                                      1            0   -   56,511            0
  Net portfolio holdings of Maiden Lane LLC (9)               29,036   -      418   +    3,048       28,981
  Net portfolio holdings of Maiden Lane II LLC (10)           15,962   +        4   +    1,140       15,967
  Net portfolio holdings of Maiden Lane III LLC (11)          23,303   +       72   +    2,441       23,324
  Net portfolio holdings of TALF LLC (12)                        540            0   +      540          540
  Preferred interests in AIA Aurora LLC and ALICO
     Holdings LLC (13)                                        25,733            0   +   25,733       25,733
  Float                                                       -1,764   -        3   +      121       -1,807
  Central bank liquidity swaps (14)                              434   -      812   -   68,707          434
  Other Federal Reserve assets (15)                           95,203   -    2,500   +   32,149       91,793
Gold stock                                                    11,041            0            0       11,041
Special drawing rights certificate account                     5,200            0   +    3,000        5,200
Treasury currency outstanding (16)                            43,266   +       14   +      782       43,266

Total factors supplying reserve funds                      2,362,013   -    6,468   +  280,748    2,356,171
 
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   Aug 18, 2010
Federal Reserve Banks                                     Aug 18, 2010 Aug 11, 2010 Aug 19, 2009
 
Currency in circulation (16)                                 946,870   +      522   +   35,947      947,746
Reverse repurchase agreements (17)                            60,133   +      153   -    8,015       60,185
  Foreign official and international accounts                 59,927   +      179   -    8,221       60,185
  Dealers                                                        206   -       25   +      206            0
Treasury cash holdings                                           209   +       10   -       52          218
Deposits with F.R. Banks, other than reserve balances        241,284   -    2,113   -    3,541      237,259
  Term deposits held by depository institutions                2,119            0   +    2,119        2,119
  U.S. Treasury, general account                              28,343   -    7,770   -    1,424       30,217
  U.S. Treasury, supplementary financing account             199,955   -        2   +       25      199,955
  Foreign official                                             1,883   -      199   -    1,472        2,095
  Service-related                                              2,459   +        2   -    2,155        2,459
    Required clearing balances                                 2,459   +        2   -    2,155        2,459
    Adjustments to compensate for float                            0            0            0            0
  Other                                                        6,526   +    5,857   -      633          413
Other liabilities and capital (18)                            72,187   -    1,214   +   13,289       71,455

Total factors, other than reserve balances,
   absorbing reserve funds                                 1,320,683   -    2,642   +   37,629    1,316,864

Reserve balances with Federal Reserve Banks                1,041,330   -    3,826   +  243,119    1,039,307
 
Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight and term securities lending facilities; refer to
   table 1A.
2. Face value of the securities.
3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed
   securities.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the
   remaining principal balance of the underlying mortgages.
5. Cash value of agreements.
6. Includes outstanding principal and capitalized interest net of unamortized deferred commitment fees and
   allowance for loan restructuring. Excludes credit extended to consolidated LLCs.
7. Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the Term
   Asset-Backed Securities Loan Facility.
8. Refer to table 7 and the note on consolidation accompanying table 11.
9.  Refer to table 4 and the note on consolidation accompanying table 11.
10. Refer to table 5 and the note on consolidation accompanying table 11.
11. Refer to table 6 and the note on consolidation accompanying table 11.
12. Refer to table 8 and the note on consolidation accompanying table 11.
13. Refer to table 9.
14. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when
    the foreign currency is returned to the foreign central bank. This exchange rate equals the market
    exchange rate used when the foreign currency was acquired from the foreign central bank.
15. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange
    rates, accrued dividends on the Federal Reserve Bank of New York's (FRBNY) preferred interests in AIA
    Aurora LLC and ALICO Holdings LLC, and the fair value adjustment to credit extended by the FRBNY to
    eligible borrowers through the Term Asset-Backed Securities Loan Facility.
16. Estimated.
17. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt
    securities, and mortgage-backed securities.
18. Includes the liabilities of Commercial Paper Funding Facility LLC, 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 8 and the note on consolidation accompanying table 11.

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   Aug 18, 2010
Memorandum item                                           Aug 18, 2010 Aug 11, 2010 Aug 19, 2009
 
Marketable securities held in custody for foreign
   official and international accounts (1)                 3,175,927   +   11,439   +  361,848    3,188,711
  U.S. Treasury securities                                 2,354,653   +   20,469   +  325,011    2,365,628
  Federal agency securities (2)                              821,274   -    9,030   +   36,838      823,083
Securities lent to dealers                                     4,517   +      925   -    9,545        6,223
  Overnight facility (3)                                       4,517   +      925   -    9,160        6,223
    U.S. Treasury securities                                   3,103   +      744   -   10,371        4,784
    Federal agency debt securities                             1,415   +      183   +    1,213        1,439
  Term facility (4)                                                0            0   -      386            0
 
Note: Components may not sum to totals because of rounding.

1. Face value of the securities. Includes U.S. Treasury STRIPS, other zero-coupon bonds, and mortgage-backed
   securities at face value.
2. Includes debt and mortgage-backed securities.
3. Fully collateralized by U.S. Treasury securities.
4. U.S. Treasury securities only. Fully collateralized by U.S. Treasury securities, federal agency
   securities, and other highly rated debt securities.

 
2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities,    August 18, 2010
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    
 
Other loans (1)                              135           11            0       61,775            0           ...       61,921
U.S. Treasury securities (2)
  Holdings                                14,806       15,077       53,294      341,460      216,083       138,830      779,549
  Weekly changes                      -    4,266   +    2,034   +        5   +    9,647   +      138    -    5,016   +    2,540
Federal agency debt securities (3)
  Holdings                                   709        7,508       38,334       75,567       32,746         2,347      157,211
  Weekly changes                      -    2,170   +      687   +    1,088   -    1,775            0             0   -    2,170
Mortgage-backed securities (4)
  Holdings                                     0            0            0           30           20     1,112,967    1,113,017
  Weekly changes                               0            0            0            0            0    -    6,441   -    6,442
Commercial paper held by
   Commercial Paper Funding
   Facility LLC (5)                            0            0            0          ...          ...           ...            0
Asset-backed securities held by
   TALF LLC (6)                                0            0            0            0            0             0            0
Repurchase agreements (7)                      0            0          ...          ...          ...           ...            0
Central bank liquidity swaps (8)             430            4            0            0            0             0          434

Reverse repurchase agreements (7)         60,185            0          ...          ...          ...           ...       60,185
Term deposits                                  0        2,119            0          ...          ...           ...        2,119
 
Note: Components may not sum to totals because of rounding.
. . . Not applicable.

1. Excludes the loans from the Federal Reserve Bank of New York (FRBNY) to Commercial Paper Funding Facility LLC, 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 commercial paper held by Commercial Paper Funding Facility LLC.
6. Face value of asset-backed securities held by TALF LLC, which is the remaining principal balance of the underlying assets.
7. Cash value of agreements.
8. 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 Purchase Program
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Aug 18, 2010 
 
Mortgage-backed securities held outright (1)                                                                           1,113,017

Commitments to buy mortgage-backed securities (2)                                                                              6
Commitments to sell mortgage-backed securities (2)                                                                             0

Cash and cash equivalents (3)                                                                                                145
 
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 10 and table 11.

 
4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Aug 18, 2010 
 
Net portfolio holdings of Maiden Lane LLC (1)                                                                             28,981

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                 28,281
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         541
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)                              1,289
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
   be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of
        June 30, 2010. Any assets purchased after this valuation date are initially recorded at cost until their estimated fair
   value as of the purchase date becomes available.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent
   with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 11.
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 10 and table 11.

Note: On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC under the authority of
section 13(3) of the Federal Reserve Act. This limited liability company was formed to acquire certain assets of Bear Stearns and to
manage those assets through time to maximize repayment of the credit extended and to minimize disruption to financial markets.
Payments by Maiden Lane LLC from the proceeds of the net portfolio holdings will be made in the following order: operating expenses
of the LLC, principal due to the FRBNY, interest due to the FRBNY, principal due to JPMorgan Chase & Co., and interest due to
JPMorgan Chase & Co. Any remaining funds will be paid to the FRBNY.

 
5. Information on Principal Accounts of Maiden Lane II LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Aug 18, 2010 
 
Net portfolio holdings of Maiden Lane II LLC (1)                                                                          15,967

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                 13,873
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         387
Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc. (3)                    1,058
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
   be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of
        June 30, 2010. Any assets purchased after this valuation date are initially recorded at cost until their estimated fair
   value as of the purchase date becomes available.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent
   with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 11.
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
   10 and table 11.

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                                                                                                           Aug 18, 2010 
 
Net portfolio holdings of Maiden Lane III LLC (1)                                                                         23,324

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                 15,107
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         477
Outstanding principal amount and accrued interest on loan payable to American International Group, Inc. (3)                5,301
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
   be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of
        June 30, 2010. Any assets purchased after this valuation date are initially recorded at cost until their estimated fair
   value as of the purchase date becomes available.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent
   with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 11.
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 10 and table 11.

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 Commercial Paper Funding Facility LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Aug 18, 2010 
 
Commercial paper holdings, net (1)                                                                                             0
Other investments, net                                                                                                         0
Net portfolio holdings of Commercial Paper Funding Facility LLC                                                                0

Memorandum: Commercial paper holdings, face value                                                                              0

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
 
1. Book value, which includes amortized cost and related fees.
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 11.

Note: On October 27, 2008, the Federal Reserve Bank of New York began extending loans under the authority of section 13(3) of the
Federal Reserve Act to Commercial Paper Funding Facility LLC. This LLC is a limited liability company formed to purchase three-month
U.S. dollar-denominated commercial paper from eligible issuers and thereby foster liquidity in short-term funding markets and
increase the availability of credit for businesses and households.

 
8. Information on Principal Accounts of TALF LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Aug 18, 2010 
 
Asset-backed securities holdings (1)                                                                                           0
Other investments, net                                                                                                       540
Net portfolio holdings of TALF LLC                                                                                           540

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)                                        105
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
   be conducted in an orderly market on the measurement date.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent
   with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 11.
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 10 and table 11.

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.

 
9. Supplemental Information on the Federal Reserve Bank of New York's Preferred Interests in
AIA Aurora LLC and ALICO Holdings LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Aug 18, 2010 
 
Preferred interests in AIA Aurora LLC and ALICO Holdings LLC (1)                                                          25,733
Accrued dividends on preferred interests in AIA Aurora LLC and ALICO Holdings LLC (2)                                        173

Preferred interests in AIA Aurora LLC (1)                                                                                 16,469
Accrued dividends on preferred interests in AIA Aurora LLC (2)                                                               111

Preferred interests in ALICO Holdings LLC (1)                                                                              9,264
Accrued dividends on preferred interests in ALICO Holdings LLC (2)                                                            62
 
Note: Components may not sum to totals because of rounding.

1. Book value.
2. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 10 and table 11.

Note on preferred interests:

In conjunction with the restructuring of the government's assistance to American International Group, Inc. (AIG) announced March 2,
2009, the outstanding balance and amount available of revolving credit provided to AIG by the FRBNY has been reduced in exchange for
preferred interests in two special purpose vehicles, AIA Aurora LLC and ALICO Holdings LLC. These two limited liability companies
were created to directly or indirectly hold all of the outstanding common stock of American International Assurance Company Ltd.
(AIA) and American Life Insurance Company (ALICO), two life insurance subsidiaries of AIG. AIG will retain control of AIA Aurora LLC
and ALICO Holdings LLC, and the FRBNY will have certain consent, disposition, and conversion rights with respect to its preferred
interests.

Dividends accrue as a percentage of the FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC. On a quarterly basis,
the accrued dividends are capitalized and added to the FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC.

 
10. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
                                                       Eliminations from  Wednesday         Change since       
                                                        consolidation   Aug 18, 2010   Wednesday    Wednesday  
Assets, liabilities, and capital                                                      Aug 11, 2010 Aug 19, 2009
 
Assets
  Gold certificate account                                                  11,037             0            0
  Special drawing rights certificate account                                 5,200             0   +    3,000
  Coin                                                                       2,061    -        4   +      154
  Securities, repurchase agreements, term auction
     credit, and other loans                                             2,111,698    -    6,376   +  326,921
    Securities held outright (1)                                         2,049,778    -    6,070   +  592,373
      U.S. Treasury securities                                             779,549    +    2,540   +   43,463
        Bills (2)                                                           18,423             0            0
        Notes and bonds, nominal (2)                                       714,571    +    2,551   +   47,090
        Notes and bonds, inflation-indexed (2)                              41,129             0   -    3,459
        Inflation compensation (3)                                           5,427    -       10   -      168
      Federal agency debt securities (2)                                   157,211    -    2,170   +   45,424
      Mortgage-backed securities (4)                                     1,113,017    -    6,442   +  503,486
    Repurchase agreements (5)                                                    0             0            0
    Term auction credit                                                          0             0   -  221,081
    Other loans                                                             61,921    -      304   -   44,371
  Net portfolio holdings of Commercial Paper
     Funding Facility LLC (6)                                                    0    -        1   -   53,742
  Net portfolio holdings of Maiden Lane LLC (7)                             28,981    -      488   +    2,999
  Net portfolio holdings of Maiden Lane II LLC (8)                          15,967    +        6   +    1,126
  Net portfolio holdings of Maiden Lane III LLC (9)                         23,324    +       25   +    2,449
  Net portfolio holdings of TALF LLC (10)                                      540             0   +      540
  Preferred interests in AIA Aurora LLC and ALICO
     Holdings LLC (11)                                                      25,733             0   +   25,733
  Items in process of collection                            (102)              271    +       55   -      100
  Bank premises                                                              2,227    +        1   +       10
  Central bank liquidity swaps (12)                                            434    -      812   -   68,707
  Other assets (13)                                                         89,595    -    6,271   +   12,897

Total assets                                                (102)        2,317,069    -   13,863   +  253,280
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

 
10. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
                                                       Eliminations from  Wednesday         Change since       
                                                        consolidation   Aug 18, 2010   Wednesday    Wednesday  
Assets, liabilities, and capital                                                      Aug 11, 2010 Aug 19, 2009
 
Liabilities
  Federal Reserve notes, net of F.R. Bank holdings                         906,756    -      162   +   35,268
  Reverse repurchase agreements (14)                                        60,185    +    1,637   -    8,184
  Deposits                                                    (0)        1,276,595    -   13,023   +  213,981
    Term deposits held by depository institutions                            2,119             0   +    2,119
    Other deposits held by depository institutions                       1,041,795    -   16,435   +  222,989
    U.S. Treasury, general account                                          30,217    +    3,285   -   10,077
    U.S. Treasury, supplementary financing account                         199,955    -        2   +       25
    Foreign official                                                         2,095    +       82   -    1,140
    Other                                                     (0)              413    +       46   +       64
  Deferred availability cash items                          (102)            2,078    -      159   -      460
  Other liabilities and accrued dividends (15)                              14,933    -    2,216   +    6,690

Total liabilities                                           (102)        2,260,547    -   13,922   +  247,293

Capital accounts
  Capital paid in                                                           26,693    +       22   +    2,036
  Surplus                                                                   25,839    +        5   +    4,517
  Other capital accounts                                                     3,989    +       31   -      566

Total capital                                                               56,522    +       59   +    5,987
 
Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight and term securities lending facilities; refer to
   table 1A.
2. Face value of the securities.
3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed
   securities.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the
   remaining principal balance of the underlying mortgages.
5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
6. Refer to table 7 and the note on consolidation accompanying table 11.
7. Refer to table 4 and the note on consolidation accompanying table 11.
8. Refer to table 5 and the note on consolidation accompanying table 11.
9.  Refer to table 6 and the note on consolidation accompanying table 11.
10. Refer to table 8 and the note on consolidation accompanying table 11.
11. Refer to 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,
    accrued dividends on the Federal Reserve Bank of New York's (FRBNY) preferred interests in AIA Aurora LLC
    and ALICO Holdings LLC, and the fair value adjustment to credit extended by the FRBNY to eligible borrowers
    through the Term Asset-Backed Securities Loan Facility.
14. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt
    securities, and mortgage-backed securities.
15. Includes the liabilities of Commercial Paper Funding Facility LLC, 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
    8 and the note on consolidation accompanying table 11.


 
11. Statement of Condition of Each Federal Reserve Bank,    August 18, 2010
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         369       4,038         404         463         846       1,385         887         324         203         296         652       1,170
  Special drawing rights certificate acct.       5,200         196       1,818         210         237         412         654         424         150          90         153         282         574
  Coin                                           2,061          64          69         163         150         303         195         318          30          58         149         217         346
  Securities, repurchase agreements,
     term auction credit, and other
     loans                                   2,111,698      51,873     898,229      47,868      69,643     233,448     193,978     154,534      52,829      28,087      70,336      86,083     224,791
    Securities held outright (1)             2,049,778      51,873     836,418      47,868      69,643     233,448     193,966     154,525      52,799      28,061      70,316      86,071     224,791
      U.S. Treasury securities                 779,549      19,728     318,097      18,205      26,486      88,782      73,767      58,767      20,080      10,672      26,742      32,734      85,490
        Bills (2)                               18,423         466       7,517         430         626       2,098       1,743       1,389         475         252         632         774       2,020
        Notes and bonds (3)                    761,127      19,262     310,580      17,775      25,860      86,684      72,024      57,379      19,605      10,420      26,110      31,960      83,470
      Federal agency debt securities (2)       157,211       3,978      64,150       3,671       5,341      17,905      14,877      11,852       4,049       2,152       5,393       6,601      17,241
      Mortgage-backed securities (4)         1,113,017      28,167     454,170      25,992      37,816     126,761     105,322      83,906      28,669      15,237      38,181      46,736     122,060
    Repurchase agreements (5)                        0           0           0           0           0           0           0           0           0           0           0           0           0
    Term auction credit                              0           0           0           0           0           0           0           0           0           0           0           0           0
    Other loans                                 61,921           0      61,811           0           0           0          12           9          31          26          20          12           0
  Net portfolio holdings of Commercial
     Paper Funding Facility LLC (6)                  0           0           0           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane LLC (7)                               28,981           0      28,981           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane II LLC (8)                            15,967           0      15,967           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane III LLC (9)                           23,324           0      23,324           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (10)          540           0         540           0           0           0           0           0           0           0           0           0           0
  Preferred interests in AIA Aurora LLC
     and ALICO Holdings LLC (11)                25,733           0      25,733           0           0           0           0           0           0           0           0           0           0
  Items in process of collection                   373          15           0          28          92           9          44          52          18          18          17          34          47
  Bank premises                                  2,227         123         256          69         143         238         218         210         135         108         266         248         212
  Central bank liquidity swaps (12)                434          16         126          47          32         121          27          10           4          12           4           6          29
  Other assets (13)                             89,595       2,569      33,830       4,245       4,044      14,291       7,585       5,399       1,915       1,600       2,408       3,051       8,659
  Interdistrict settlement account                   0   +   1,148   + 118,879   +  24,547   -  15,279   +   3,378   -  45,134   -  38,037   -  14,098   +  10,205   -  18,800   -     873   -  25,937

Total assets                                 2,317,171      56,374   1,151,790      77,581      59,526     253,044     158,952     123,798      41,307      40,382      54,827      89,699     209,891
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

 
11. Statement of Condition of Each Federal Reserve Bank,    August 18, 2010 (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          1,141,745      40,829     390,467      45,959      46,734      91,118     145,468      88,746      33,616      20,575      34,065      77,453     126,715
    Less: Notes held by F.R. Banks             234,989       4,262     102,846       5,351       9,922      14,843      31,292      13,246       4,653       5,436       3,441      12,495      27,202
      Federal Reserve notes, net               906,756      36,567     287,620      40,608      36,812      76,275     114,175      75,500      28,963      15,139      30,625      64,958      99,513
  Reverse repurchase agreements (14)            60,185       1,523      24,559       1,405       2,045       6,854       5,695       4,537       1,550         824       2,065       2,527       6,600
  Deposits                                   1,276,595      16,131     812,501      29,524      15,995     156,376      35,165      41,760      10,049      22,323      21,373      21,000      94,398
    Term deposits held by depository
       institutions                              2,119          27         886           0          15          96         161         506           0           6          34          62         327
    Other deposits held by depository
       institutions                          1,041,795      16,091     579,146      29,520      15,976     156,171      35,002      41,189      10,047      22,315      21,338      20,937      94,063
    U.S. Treasury, general account              30,217           0      30,217           0           0           0           0           0           0           0           0           0           0
    U.S. Treasury, supplementary
       financing account                       199,955           0     199,955           0           0           0           0           0           0           0           0           0           0
    Foreign official                             2,095           1       2,067           4           3          11           2           1           0           1           0           1           3
    Other                                          413          12         229           0           1          97           0          65           1           0           1           0           6
  Deferred availability cash items               2,180          65           0         190         540          92         126         179          63         330         102          91         400
  Other liabilities and accrued
     dividends (15)                             14,933         196      11,203         217         254         728         533         439         192         138         197         273         563

Total liabilities                            2,260,649      54,482   1,135,883      71,945      55,646     240,324     155,695     122,416      40,817      38,754      54,362      88,850     201,475

Capital
  Capital paid in                               26,693         916       7,653       2,807       1,919       5,440       1,551         641         216         806         211         397       4,137
  Surplus                                       25,839         945       7,636       2,803       1,911       7,141       1,581         621         239         712         210         353       1,688
  Other capital                                  3,989          30         618          26          51         139         125         121          35         110          45          99       2,591

Total liabilities and capital                2,317,171      56,374   1,151,790      77,581      59,526     253,044     158,952     123,798      41,307      40,382      54,827      89,699     209,891
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

11. Statement of Condition of Each Federal Reserve Bank,    August 18, 2010 (continued)
1. Includes securities lent to dealers under the overnight and term securities lending facilities; refer to table 1A.
2. Face value of the securities.
3. Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such 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 7 and the note on consolidation below.
7. Refer to table 4 and the note on consolidation below.
8. Refer to table 5 and the note on consolidation below.
9.  Refer to table 6 and the note on consolidation below.
10. Refer to table 8 and the note on consolidation below.
11. Refer to 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, accrued dividends on the Federal Reserve Bank of New York's (FRBNY) preferred interests
    in AIA Aurora LLC and ALICO Holdings LLC, and the fair value adjustment to credit extended by the FRBNY to eligible borrowers through the Term Asset-Backed Securities Loan Facility.
14. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.
15. Includes the liabilities of Commercial Paper Funding Facility LLC, 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 8 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 October 27, 2008, the FRBNY began extending loans to Commercial Paper Funding Facility LLC, which was
formed to purchase three-month U.S. dollar-denominated commercial paper from eligible issuers. 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 sole beneficiary of Commercial Paper Funding Facility LLC. 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 10), 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 10).

 
12. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
                                                                                            Wednesday   
Federal Reserve notes and collateral                                                       Aug 18, 2010 
 
Federal Reserve notes outstanding                                                          1,141,745
  Less: Notes held by F.R. Banks not subject to collateralization                            234,989
    Federal Reserve notes to be collateralized                                               906,756
Collateral held against Federal Reserve notes                                                906,756
  Gold certificate account                                                                    11,037
  Special drawing rights certificate account                                                   5,200
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   890,519
  Other assets pledged                                                                             0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                     2,049,778
  Less: Face value of securities under reverse repurchase agreements                          58,657
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged      1,991,120
 
Note: Components may not sum to totals because of rounding.

1. Includes face value of U.S. Treasury, agency debt, and mortgage-backed securities held outright,
   compensation to adjust for the effect of inflation on the original face value of inflation-indexed
   securities, and cash value of repurchase agreements.
2. Includes securities lent to dealers under the overnight and term securities lending facilities; refer
   to table 1A.