FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                                     June 4, 2015


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   Jun 3, 2015 
Federal Reserve Banks                                      Jun 3, 2015 May 27, 2015  Jun 4, 2014              

Reserve Bank credit                                         4,426,944   -   11,245   +  142,071    4,427,107  
  Securities held outright (1)                              4,219,053   -   10,673   +  151,803    4,219,080  
    U.S. Treasury securities                                2,460,723   +      131   +   85,538    2,460,749  
      Bills (2)                                                     0            0            0            0  
      Notes and bonds, nominal (2)                          2,346,643            0   +   82,814    2,346,643  
      Notes and bonds, inflation-indexed (2)                   98,534            0   +    2,466       98,534  
      Inflation compensation (3)                               15,546   +      131   +      258       15,572  
    Federal agency debt securities (2)                         35,895            0   -    8,187       35,895  
    Mortgage-backed securities (4)                          1,722,435   -   10,804   +   74,452    1,722,436  
  Unamortized premiums on securities held outright (5)        199,412   -      671   -    9,890      199,276  
  Unamortized discounts on securities held outright (5)       -17,661   +       35   +      418      -17,650  
  Repurchase agreements (6)                                         0            0            0            0  
  Loans                                                           107   +       10   -       50          124  
    Primary credit                                                 13   +       11   -        3           19  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                                94   -        1   +       33          105  
    Term Asset-Backed Securities Loan Facility (7)                  0            0   -       79            0  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (8)                 1,699   +        2   +       44        1,700  
  Net portfolio holdings of Maiden Lane II LLC (9)                  0            0   -       63            0  
  Net portfolio holdings of Maiden Lane III LLC (9)                 0            0   -       22            0  
  Net portfolio holdings of TALF LLC (10)                           0            0   -       91            0  
  Float                                                          -325   +       91   +      288         -291  
  Central bank liquidity swaps (11)                                 0   -        2   -      174            0  
  Other Federal Reserve assets (12)                            24,659   -       38   -      192       24,868  
Foreign currency denominated assets (13)                       19,585   -       86   -    4,393       19,850  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (14)                             46,797   +       14   +      903       46,797  
                                                                                                              
Total factors supplying reserve funds                       4,509,567   -   11,318   +  138,581    4,509,996  

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   Jun 3, 2015 
Federal Reserve Banks                                      Jun 3, 2015 May 27, 2015  Jun 4, 2014              

Currency in circulation (14)                                 1,368,223   -      118   +   87,737    1,368,585 
Reverse repurchase agreements (15)                             285,397   +   16,141   +   28,995      242,586 
  Foreign official and international accounts                  152,322   -    1,903   +   44,196      147,197 
  Others                                                       133,076   +   18,045   -   15,201       95,389 
Treasury cash holdings                                             167   -        6   -       20          204 
Deposits with F.R. Banks, other than reserve balances          344,837   +   38,453   +  254,212      342,600 
  Term deposits held by depository institutions                145,702   +   65,783   +  102,798      145,702 
  U.S. Treasury, General Account                               185,794   +   10,217   +  151,899      184,099 
  Foreign official                                               5,232   -       24   -    2,561        5,231 
  Other (16)                                                     8,109   -   37,524   +    2,076        7,569 
Other liabilities and capital (17)                              66,178   +      238   +    1,963       65,976 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  2,064,802   +   54,708   +  372,888    2,019,951 
                                                                                                              
Reserve balances with Federal Reserve Banks                  2,444,765   -   66,026   -  234,306    2,490,044 

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. The current face value shown is the              
    remaining principal balance of the securities.                                                      
5.  Reflects the premium or discount, which is the difference between the purchase price and the face       
    value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt      
    securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an
    effective-interest basis.                                                                           
6.  Cash value of agreements.                                                                               
7.  Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the      
    Term Asset-Backed Securities Loan Facility.                                                         
8.  Refer to table 4 and the note on consolidation accompanying table 6.                                    
9.  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. Refer to the
    note on consolidation accompanying table 6.                                                         
10. Refer to the note on consolidation accompanying table 6.                                                
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 accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable. Also, includes Reserve Bank premises and equipment net of allowances for       
    depreciation.                                                                                       
13. Revalued daily at current foreign currency exchange rates.                                              
14. Estimated.                                                                                              
15. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
16. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, and designated financial market utilities.                        
17. Includes the liability for interest on Federal Reserve notes due to U.S. Treasury.                      
                                                                                                            


Sources: Federal Reserve Banks and the U.S. Department of the Treasury.





1A. Memorandum Items
Millions of dollars
Memorandum item                                                  Averages of daily figures         Wednesday  
                                                           Week ended    Change from week ended   Jun 3, 2015 
                                                           Jun 3, 2015 May 27, 2015  Jun 4, 2014              

Securities held in custody for foreign official and       
     international accounts                                  3,353,610   +   26,868   +   58,042    3,356,352 
  Marketable U.S. Treasury securities (1)                    3,022,143   +   28,347   +   62,235    3,025,124 
  Federal agency debt and mortgage-backed securities (2)       287,475   -      311   -    6,663      287,288 
  Other securities (3)                                          43,992   -    1,169   +    2,470       43,940 
Securities lent to dealers                                      10,934   +      116   +      365       10,974 
  Overnight facility (4)                                        10,934   +      116   +      365       10,974 
    U.S. Treasury securities                                    10,659   +      117   +    1,132       10,673 
    Federal agency debt securities                                 274   -        1   -      767          301 

Note: Components may not sum to totals because of rounding.


1.  Includes securities and U.S. Treasury STRIPS at face value, and inflation compensation on TIPS.         
    Does not include securities pledged as collateral to foreign official and international account holders
    against reverse repurchase agreements with the Federal Reserve presented in tables 1, 5, and 6.     
2.  Face value of federal agency securities and current face value of mortgage-backed securities, which     
    is the remaining principal balance of the securities.                                               
3.  Includes non-marketable U.S. Treasury securities, supranationals, corporate bonds, asset-backed         
    securities, and commercial paper at face value.                                                     
4.  Face value. Fully collateralized by U.S. Treasury securities.                                           






2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, June 3, 2015        

Millions of dollars
Remaining Maturity                     Within 15     16 days to    91 days to   Over 1 year   Over 5 year     Over 10         All      
                                          days        90 days        1 year      to 5 years   to 10 years      years                   

Loans                                           48            76             0             0             0           ...           124 
U.S. Treasury securities (1)                                                                                                           
  Holdings                                       0         1,289       129,567     1,098,741       586,944       644,209     2,460,749 
  Weekly changes                                 0             0    +   25,248    -   20,477    -    4,734    +       73    +      110 
Federal agency debt securities (2)                                                                                                     
  Holdings                                       0           802         9,997        22,749             0         2,347        35,895 
  Weekly changes                                 0             0             0             0             0             0             0 
Mortgage-backed securities (3)                                                                                                         
  Holdings                                       0             0             0            36         9,502     1,712,897     1,722,436 
  Weekly changes                                 0             0             0    +       12    -       12    +        1    +        2 
Repurchase agreements (4)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (5)                 0             0             0             0             0             0             0 
                                                                                                                                       
Reverse repurchase agreements (4)          242,586             0           ...           ...           ...           ...       242,586 
Term deposits                              145,702             0             0           ...           ...           ...       145,702 

Note: Components may not sum to totals because of rounding.
...Not applicable.


1.  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.             
2.  Face value.                                                                                             
3.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
4.  Cash value of agreements.                                                                               
5.  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
Account name                                                                                                            Wednesday   
                                                                                                                       Jun 3, 2015  

Mortgage-backed securities held outright (1)                                                                             1,722,436  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                           47,634  
Commitments to sell mortgage-backed securities (2)                                                                               0  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                   10  



1.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
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 5       
    and table 6.                                                                                        




4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                       Jun 3, 2015  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,700  
                                                                                                                                    
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)                                    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 March 31, 2015. 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 6.                                                  
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 5 and table 6.                      


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. The remaining outstanding balances of the senior
loan from FRBNY to Maiden Lane LLC, and the subordinated loan from JPMorgan Chase & Co. to Maiden Lane LLC were
repaid in full, with interest.

                                                                          






5. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from        Jun 3, 2015   Wednesday    Wednesday  
                                                        consolidation                May 27, 2015  Jun 4, 2014 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,795   +        5   -       63  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     4,400,830   -      199   +  139,220  
    Securities held outright (1)                                          4,219,080   +      112   +  148,829  
      U.S. Treasury securities                                            2,460,749   +      110   +   82,563  
        Bills (2)                                                                 0            0            0  
        Notes and bonds, nominal (2)                                      2,346,643            0   +   79,853  
        Notes and bonds, inflation-indexed (2)                               98,534            0   +    2,466  
        Inflation compensation (3)                                           15,572   +      110   +      244  
      Federal agency debt securities (2)                                     35,895            0   -    8,187  
      Mortgage-backed securities (4)                                      1,722,436   +        2   +   74,453  
    Unamortized premiums on securities held outright  
    (5)                                                                     199,276   -      370   -   10,034  
    Unamortized discounts on securities held outright 
    (5)                                                                     -17,650   +       31   +      464  
    Repurchase agreements (6)                                                     0            0            0  
    Loans                                                                       124   +       28   -       40  
  Net portfolio holdings of Maiden Lane LLC (7)                               1,700   +        3   +       46  
  Net portfolio holdings of Maiden Lane II LLC (8)                                0            0   -       63  
  Net portfolio holdings of Maiden Lane III LLC (8)                               0            0   -       22  
  Net portfolio holdings of TALF LLC (9)                                          0            0   -       91  
  Items in process of collection                                   (0)           80   -       13   -        5  
  Bank premises                                                               2,237   -        4   -       24  
  Central bank liquidity swaps (10)                                               0   -        2   -      174  
  Foreign currency denominated assets (11)                                   19,850   +      416   -    4,051  
  Other assets (12)                                                          22,631   +    1,172   -      330  
                                                                                                               
Total assets                                                       (0)    4,465,360   +    1,379   +  134,443  

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





5. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from        Jun 3, 2015   Wednesday    Wednesday  
                                                        consolidation                May 27, 2015  Jun 4, 2014 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,323,783   -    1,096   +   86,725 
  Reverse repurchase agreements (13)                                         242,586   -   36,051   +    9,632 
  Deposits                                                          (0)    2,832,644   +   38,120   +   35,820 
    Term deposits held by depository institutions                            145,702   +   65,783   +  102,798 
    Other deposits held by depository institutions                         2,490,044   -   46,876   -  218,020 
    U.S. Treasury, General Account                                           184,099   +   20,518   +  152,197 
    Foreign official                                                           5,231   -        1   -    2,548 
    Other (14)                                                      (0)        7,569   -    1,303   +    1,394 
  Deferred availability cash items                                  (0)          371   -      475   -      443 
  Other liabilities and accrued dividends (15)                                 7,726   +      867   +      772 
                                                                                                               
Total liabilities                                                   (0)    4,407,110   +    1,364   +  132,506 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             29,125   +        7   +      969 
  Surplus                                                                     29,125   +        7   +      969 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 58,250   +       14   +    1,937 

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. The current face value shown is the              
    remaining principal balance of the securities.                                                      
5.  Reflects the premium or discount, which is the difference between the purchase price and the face       
    value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt      
    securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an
    effective-interest basis.                                                                           
6.  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.      
7.  Refer to table 4 and the note on consolidation accompanying table 6.                                    
8.  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. Refer to the
    note on consolidation accompanying table 6.                                                         
9.  Refer to the note on consolidation accompanying table 6.                                                
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. Revalued daily at current foreign currency exchange rates.                                              
12. Includes accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable.                                                                                
13. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
14. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, and designated financial market utilities.                        
15. Includes the liability for interest on Federal Reserve notes due to U.S. Treasury.                      

 



6. Statement of Condition of Each Federal Reserve Bank, June 3, 2015
Millions of dollars
Assets, liabilities, and capital               Total       Boston     New York  Philadelphia  Cleveland    Richmond    Atlanta     Chicago    St. Louis  Minneapolis    Kansas      Dallas       San     
                                                                                                                                                                         City                 Francisco  

Assets                                                                                                                                                                                                   
  Gold certificate account                        11,037         347       3,709          340         505         783       1,600         734         299         171         288         891       1,370
  Special drawing rights certificate acct.         5,200         196       1,818          210         237         412         654         424         150          90         153         282         574
  Coin                                             1,795          31          60          126         122         291         185         266          25          45         145         189         313
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans                                 4,400,830     111,556   2,641,797      109,453     105,803     239,018     247,832     163,534      45,900      26,819      57,176     141,765     510,179
    Securities held outright (1)               4,219,080     106,952   2,532,764      104,935     101,437     229,153     237,585     156,758      43,999      25,659      54,808     135,910     489,120
      U.S. Treasury securities                 2,460,749      62,379   1,477,217       61,203      59,162     133,652     138,570      91,428      25,662      14,965      31,966      79,269     285,276
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    2,460,749      62,379   1,477,217       61,203      59,162     133,652     138,570      91,428      25,662      14,965      31,966      79,269     285,276
      Federal agency debt securities (2)          35,895         910      21,548          893         863       1,950       2,021       1,334         374         218         466       1,156       4,161
      Mortgage-backed securities (4)           1,722,436      43,663   1,033,999       42,840      41,411      93,552      96,994      63,996      17,962      10,475      22,375      55,485     199,683
    Unamortized premiums on securities held 
      outright (5)                               199,276       5,052     119,628        4,956       4,791      10,823      11,222       7,404       2,078       1,212       2,589       6,419      23,102
    Unamortized discounts on securities     
      held outright (5)                          -17,650        -447     -10,595         -439        -424        -959        -994        -656        -184        -107        -229        -569      -2,046
    Repurchase agreements (6)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                            124           0           0            0           0           0          19          28           7          55           8           4           3
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (7)                                  1,700           0       1,700            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane II LLC (8)                                   0           0           0            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane III LLC (8)                                  0           0           0            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (9)               0           0           0            0           0           0           0           0           0           0           0           0           0
  Items in process of collection                      80           0           0            0           0           0          80           0           0           1           0           0           0
  Bank premises                                    2,237         125         433           73         108         216         209         202         119          94         239         220         197
  Central bank liquidity swaps (10)                    0           0           0            0           0           0           0           0           0           0           0           0           0
  Foreign currency denominated                                                                                                                                                                           
     assets (11)                                  19,850         900       6,400        1,109       1,547       4,554       1,129         533         185          83         209         286       2,914
  Other assets (12)                               22,631         605      13,024          568         551       1,390       1,297         857         462         170         328         755       2,624
  Interdistrict settlement account                     0  +   16,613  -  111,681   +    4,923  +   27,050  +   18,437  -    8,206  +    6,070  +    4,051  +    4,924  +    4,790  +   13,837  +   19,192
                                                                                                                                                                                                         
Total assets                                   4,465,360     130,372   2,557,259      116,801     135,924     265,101     244,779     172,621      51,190      32,397      63,327     158,225     537,363

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





6. Statement of Condition of Each Federal Reserve Bank, June 3, 2015 (continued)
Millions of dollars
Assets, liabilities, and capital               Total       Boston     New York  Philadelphia Cleveland    Richmond    Atlanta     Chicago    St. Louis  Minneapolis    Kansas      Dallas       San     
                                                                                                                                                                        City                 Francisco  

Liabilities                                                                                                                                                                                             
  Federal Reserve notes outstanding            1,502,686      50,067     484,987      50,838      78,335     104,043     208,289     105,862      44,811      26,584      41,784     119,744     187,342
    Less: Notes held by F.R. Banks               178,904       5,336      62,734       5,108       9,190      11,989      22,918      11,214       4,799       2,843       4,812      13,420      24,540
      Federal Reserve notes, net               1,323,783      44,731     422,253      45,731      69,145      92,054     185,371      94,648      40,012      23,741      36,971     106,324     162,802
  Reverse repurchase agreements (13)             242,586       6,149     145,627       6,034       5,832      13,176      13,661       9,013       2,530       1,475       3,151       7,814      28,123
  Deposits                                     2,832,644      76,651   1,966,548      61,439      56,146     145,929      41,689      67,026       7,919       6,674      22,446      42,964     337,213
    Term deposits held by depository        
        institutions                             145,702          50      81,656      22,600      14,000          56         265       7,298          32           0       3,025       1,100      15,620
    Other deposits held by depository       
        institutions                           2,490,044      76,597   1,688,186      38,837      42,143     145,750      41,415      59,726       7,851       6,673      19,420      41,862     321,585
    U.S. Treasury, General Account               184,099           0     184,099           0           0           0           0           0           0           0           0           0           0
    Foreign official                               5,231           2       5,204           2           3           9           2           1           0           0           0           1           6
    Other (14)                                     7,569           2       7,404           0           0         113           7           2          36           0           1           2           2
  Deferred availability cash items                   371           0           0           0           0           0         267           0           0         105           0           0           0
  Interest on Federal Reserve notes due     
     to U.S. Treasury (15)                         2,522          68       1,446          33          78         191         163          92          27          14          30          75         304
  Other liabilities and accrued             
     dividends                                     5,204         170       2,364         216         237         606         347         262         138         133         122         188         422
                                                                                                                                                                                                        
Total liabilities                              4,407,110     127,769   2,538,239     113,452     131,438     251,955     241,497     171,041      50,626      32,141      62,721     157,366     528,865
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 29,125       1,302       9,510       1,675       2,243       6,573       1,641         790         282         128         303         430       4,249
  Surplus                                         29,125       1,302       9,510       1,675       2,243       6,573       1,641         790         282         128         303         430       4,249
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  4,465,360     130,372   2,557,259     116,801     135,924     265,101     244,779     172,621      51,190      32,397      63,327     158,225     537,363

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





6. Statement of Condition of Each Federal Reserve Bank, June 3, 2015 (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. The current face value shown is the remaining principal balance of the securities.                                                               
5.  Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt        
    securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an effective-interest basis.                                                               
6.  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.                                                                                                      
7.  Refer to table 4 and the note on consolidation below.                                                                                                                                                   
8.  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. Refer       
    to the note on consolidation below.                                                                                                                                                                 
9.  Refer to 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. Revalued daily at current foreign currency exchange rates.                                                                                                                                              
12. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.                                                                                   
13. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.                                                         
14. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, and designated financial market utilities.                               
15. Represents the estimated weekly remittances to U.S. Treasury as interest on Federal Reserve notes or, in those cases where the Reserve Bank's net earnings are not sufficient to equate surplus to      
    capital paid-in, the deferred asset for interest on Federal Reserve notes. The amount of any deferred asset, which is presented as a negative amount in this line, represents the amount of the     
    Federal Reserve Bank's earnings that must be retained before remittances to the U.S. Treasury resume. The amounts on this line are calculated in accordance with Board of Governors policy, which requires
    the Federal Reserve Banks to remit residual earnings to the U.S. Treasury as interest on Federal Reserve notes after providing for the costs of operations, payment of dividends, and the amount    
    necessary to equate surplus with capital paid-in.                                                                                                                                                   
                                                                                                                                                                                                            


Note on consolidation:

The Federal Reserve Bank of New York (FRBNY) 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 June 14, 2012, the remaining outstanding balance of the senior loan from FRBNY to Maiden Lane LLC
was repaid in full, with interest. On November 15, 2012, the remaining outstanding balance of the subordinated loan from JPMorgan Chase & Co. to Maiden Lane LLC was repaid in full, with
interest. 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. had written credit default swap contracts. On June 14, 2012, the loan from FRBNY to Maiden Lane III was repaid in full, with interest. 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 March 1, 2012, the loan from FRBNY to Maiden Lane II was repaid in full, with interest. 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. On January 15, 2013 the FRBNY's commitment to extend credit to TALF LLC was eliminated.                                                 

The FRBNY was the primary beneficiary of TALF LLC, because of the two beneficiaries of the LLC, the FRBNY and the U.S. Treasury, the FRBNY was primarily responsible for directing the
financial activities of TALF LLC. The FRBNY was the primary beneficiary of the other LLCs cited above because it received a majority of any residual returns of the LLCs and absorbed a majority of any
residual losses of the LLCs. Consistent with generally accepted accounting principles, the assets and liabilities of these LLCs were 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 were eliminated, the net
assets of the LLCs appeared as assets on the previous page (and in table 1 and table 5), and the liabilities of the LLCs to entities other than the FRBNY, including those with recourse only to
the portfolio holdings of the LLCs, were included in other liabilities in this table (and table 1 and table 5).

                                                                           



7. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Federal Reserve notes and collateral                                                        Wednesday   
                                                                                           Jun 3, 2015  

Federal Reserve notes outstanding                                                            1,502,686  
  Less: Notes held by F.R. Banks not subject to collateralization                              178,904  
    Federal Reserve notes to be collateralized                                               1,323,783  
Collateral held against Federal Reserve notes                                                1,323,783  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,307,546  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       4,219,080  
  Less: Face value of securities under reverse repurchase agreements                           224,292  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        3,994,788  

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.