FEDERAL RESERVE statistical release
H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                             February 4, 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    Feb 3, 2010
Federal Reserve Banks                                      Feb 3, 2010 Jan 27, 2010  Feb 4, 2009
 
Reserve Bank credit                                        2,231,377   -    3,299   +  390,940    2,231,347
  Securities held outright (1)                             1,910,885   -    1,805   +1,399,445    1,911,604
    U.S. Treasury securities                                 776,620   +        4   +  301,586      776,614
      Bills (2)                                               18,423            0            0       18,423
      Notes and bonds, nominal (2)                           708,872            0   +  295,958      708,872
      Notes and bonds, inflation-indexed (2)                  43,777            0   +    4,399       43,777
      Inflation compensation (3)                               5,549   +        5   +    1,229        5,542
    Federal agency debt securities (2)                       164,097   +    1,264   +  135,068      164,662
    Mortgage-backed securities (4)                           970,168   -    3,073   +  962,791      970,327
  Repurchase agreements (5)                                        0            0            0            0
  Term auction credit                                         38,531            0   -  374,352       38,531
  Other loans                                                 88,989   +    1,614   -   64,703       88,301
    Primary credit                                            14,767   -       88   -   52,659       14,708
    Secondary credit                                             964   -       21   +      959          900
    Seasonal credit                                                1   +        1   -        1            2
    Primary dealer and other broker-dealer credit (6)              0            0   -   30,264            0
    Asset-Backed Commercial Paper Money Market
       Mutual Fund Liquidity Facility                              0            0   -   16,981            0
    Credit extended to American International
       Group, Inc., net (7)                                   25,934   +    1,494   -   13,079       25,662
    Term Asset-Backed Securities Loan Facility, net (8)       47,322   +      228   +   47,322       47,029
    Other credit extensions                                        0            0            0            0
  Net portfolio holdings of Commercial Paper
     Funding Facility LLC (9)                                  8,664   -    2,535   -  250,651        8,668
  Net portfolio holdings of Maiden Lane LLC (10)              26,788   +       27   +    1,003       26,822
  Net portfolio holdings of Maiden Lane II LLC (11)           15,497   +       71   -    3,468       15,498
  Net portfolio holdings of Maiden Lane III LLC (12)          22,497   +       25   -    4,967       22,554
  Net portfolio holdings of TALF LLC (13)                        334   +        5   +      334          334
  Preferred interests in AIA Aurora LLC and ALICO
     Holdings LLC (14)                                        25,106            0   +   25,106       25,106
  Float                                                       -1,969   +       14   -      173       -2,267
  Central bank liquidity swaps (15)                              100   -       75   -  388,691          100
  Other Federal Reserve assets (16)                           95,955   -      640   +   52,055       96,097
Gold stock                                                    11,041            0            0       11,041
Special drawing rights certificate account                     5,200            0   +    3,000        5,200
Treasury currency outstanding (17)                            42,754   +       14   +      644       42,754

Total factors supplying reserve funds                      2,290,371   -    3,286   +  394,583    2,290,341
 
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    Feb 3, 2010
Federal Reserve Banks                                      Feb 3, 2010 Jan 27, 2010  Feb 4, 2009
 
Currency in circulation (17)                                 919,425   +    1,490   +   30,512      923,786
Reverse repurchase agreements (18)                            57,229   -       98   -   18,806       53,720
  Foreign official and international accounts                 57,229   -       98   -   18,806       53,720
  Dealers                                                          0            0            0            0
Treasury cash holdings                                           229   -       19   -       64          205
Deposits with F.R. Banks, other than reserve balances        121,633   -   25,244   -   98,227      134,874
  U.S. Treasury, general account                             109,506   -   25,532   +   67,589      122,517
  U.S. Treasury, supplementary financing account               5,001            0   -  164,961        5,001
  Foreign official                                             3,977   +      404   +    3,814        4,228
  Service-related                                              2,755   -        6   -    1,674        2,755
    Required clearing balances                                 2,755   -        6   -    1,674        2,755
    Adjustments to compensate for float                            0            0            0            0
  Other                                                          394   -      111   -    2,995          372
Other liabilities and capital (19)                            65,136   -    1,589   +   16,029       64,290

Total factors, other than reserve balances,
   absorbing reserve funds                                 1,163,652   -   25,461   -   70,557    1,176,874

Reserve balances with Federal Reserve Banks                1,126,719   +   22,175   +  465,140    1,113,467
 
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 credit extended through the Primary Dealer Credit Facility and credit extended to certain other
   broker-dealers.
7. Includes outstanding principal and capitalized interest net of unamortized deferred commitment fees and
   allowance for loan restructuring. Excludes credit extended to consolidated LLCs.
8. Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the Term
   Asset-Backed Securities Loan Facility, net of unamortized deferred administrative fees.
9.  Refer to table 7 and the note on consolidation accompanying table 11.
10. Refer to table 4 and the note on consolidation accompanying table 11.
11. Refer to table 5 and the note on consolidation accompanying table 11.
12. Refer to table 6 and the note on consolidation accompanying table 11.
13. Refer to table 8 and the note on consolidation accompanying table 11.
14. Refer to table 9.
15. 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.
16. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange
    rates, and accrued dividends on the Federal Reserve Bank of New York's preferred interests in AIA Aurora
    LLC and ALICO Holdings LLC.
17. Estimated.
18. Cash value of agreements, which are collateralized by U.S. Treasury securities and federal agency debt
    securities.
19. 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    Feb 3, 2010
Memorandum item                                            Feb 3, 2010 Jan 27, 2010  Feb 4, 2009
 
Marketable securities held in custody for foreign
   official and international accounts (1)                 2,946,860   -    1,253   +  392,205    2,947,833
  U.S. Treasury securities                                 2,180,416   +      952   +  445,818    2,183,864
  Federal agency securities (2)                              766,443   -    2,207   -   53,615      763,969
Securities lent to dealers                                     5,775   +      892   -  121,219        4,971
  Overnight facility (3)                                       5,775   +      892   -      589        4,971
    U.S. Treasury securities                                   5,075   +      692   -    1,289        4,486
    Federal agency debt securities                               700   +      200   +      700          485
  Term facility (4)                                                0            0   -  120,630            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 Term Auction Credit, Other Loans, and Securities,   February 3, 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    
 
Term auction credit                       38,531            0          ...          ...          ...           ...       38,531
Other loans (1)                           15,171          439            0       72,691            0           ...       88,301
U.S. Treasury securities (2)
  Holdings                                21,234       22,799       45,689      326,326      215,298       145,268      776,614
  Weekly changes                      +    4,670   -    3,841   -      521   -      831   +      520    -        2   -        5
Federal agency debt securities (3)
  Holdings                                 1,523        2,399       23,488      100,545       34,360         2,347      164,662
  Weekly changes                      +      710   +       81   -      791            0   +      989             0   +      989
Mortgage-backed securities (4)
  Holdings                                     0            0            0            0            0       970,327      970,327
  Weekly changes                               0            0            0            0            0    +      599   +      599
Commercial paper held by
   Commercial Paper Funding
   Facility LLC (5)                          977        2,966            0          ...          ...           ...        3,943
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)             100            0            0            0            0             0          100

Reverse repurchase agreements (7)         53,720            0          ...          ...          ...           ...       53,720
 
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                                                                                                            Feb 3, 2010 
 
Mortgage-backed securities held outright (1)                                                                             970,327

Commitments to buy mortgage-backed securities (2)                                                                        152,187
Commitments to sell mortgage-backed securities (2)                                                                         7,625

Cash and cash equivalents (3)                                                                                                313
 
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 as well as
   dollar rolls.
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                                                                                                            Feb 3, 2010 
 
Net portfolio holdings of Maiden Lane LLC (1)                                                                             26,822

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                 28,820
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         427
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)                              1,254
 
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
   September 30, 2009. 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                                                                                                            Feb 3, 2010 
 
Net portfolio holdings of Maiden Lane II LLC (1)                                                                          15,498

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                 15,479
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         284
Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc. (3)                    1,040
 
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
   September 30, 2009. 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                                                                                                            Feb 3, 2010 
 
Net portfolio holdings of Maiden Lane III LLC (1)                                                                         22,554

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                 17,743
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         361
Outstanding principal amount and accrued interest on loan payable to American International Group, Inc. (3)                5,209
 
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
   September 30, 2009. 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                                                                                                            Feb 3, 2010 
 
Commercial paper holdings, net (1)                                                                                         3,799
Other investments, net                                                                                                     4,869
Net portfolio holdings of Commercial Paper Funding Facility LLC                                                            8,668

Memorandum: Commercial paper holdings, face value                                                                          3,943

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                  3,911
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                           1
 
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                                                                                                            Feb 3, 2010 
 
Asset-backed securities holdings (1)                                                                                           0
Other investments, net                                                                                                       334
Net portfolio holdings of TALF LLC                                                                                           334

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)                                        103
 
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 $20 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                                                                                                            Feb 3, 2010 
 
Preferred interests in AIA Aurora LLC and ALICO Holdings LLC (1)                                                          25,106
Accrued dividends on preferred interests in AIA Aurora LLC and ALICO Holdings LLC (2)                                        117

Preferred interests in AIA Aurora LLC (1)                                                                                 16,068
Accrued dividends on preferred interests in AIA Aurora LLC (2)                                                                75

Preferred interests in ALICO Holdings LLC (1)                                                                              9,038
Accrued dividends on preferred interests in ALICO Holdings LLC (2)                                                            42
 
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    Feb 3, 2010   Wednesday    Wednesday  
Assets, liabilities, and capital                                                      Jan 27, 2010  Feb 4, 2009
 
Assets
Gold certificate account                                                    11,037             0            0
Special drawing rights certificate account                                   5,200             0   +    3,000
Coin                                                                         2,232    +        2   +      317
Securities, repurchase agreements, term auction
   credit, and other loans                                               2,038,435    +    1,978   +  964,249
  Securities held outright (1)                                           1,911,604    +    1,584   +1,399,330
    U.S. Treasury securities                                               776,614    -        5   +  301,632
      Bills (2)                                                             18,423             0            0
      Notes and bonds, nominal (2)                                         708,872             0   +  295,958
      Notes and bonds, inflation-indexed (2)                                43,777             0   +    4,399
      Inflation compensation (3)                                             5,542    -        5   +    1,274
    Federal agency debt securities (2)                                     164,662    +      989   +  134,747
    Mortgage-backed securities (4)                                         970,327    +      599   +  962,950
  Repurchase agreements (5)                                                      0             0            0
  Term auction credit                                                       38,531             0   -  374,352
  Other loans                                                               88,301    +      395   -   60,729
Net portfolio holdings of Commercial Paper
   Funding Facility LLC (6)                                                  8,668    +       13   -  249,996
Net portfolio holdings of Maiden Lane LLC (7)                               26,822    +       44   +      962
Net portfolio holdings of Maiden Lane II LLC (8)                            15,498    +        5   -    3,470
Net portfolio holdings of Maiden Lane III LLC (9)                           22,554    +       72   -    4,956
Net portfolio holdings of TALF LLC (10)                                        334             0   +      334
Preferred interests in AIA Aurora LLC and ALICO
   Holdings LLC (11)                                                        25,106             0   +   25,106
Items in process of collection                              (234)              474    +      165   -      425
Bank premises                                                                2,238    -        7   +       58
Central bank liquidity swaps (12)                                              100    -       75   -  387,348
Other assets (13)                                                           93,896    +      233   +   51,862

Total assets                                                (234)        2,252,595    +    2,431   +  399,694
 
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    Feb 3, 2010   Wednesday    Wednesday  
Assets, liabilities, and capital                                                      Jan 27, 2010  Feb 4, 2009
 
Liabilities
Federal Reserve notes, net of F.R. Bank holdings                           883,465    +    5,090   +   31,167
Reverse repurchase agreements (14)                                          53,720    -    4,074   -   20,531
Deposits                                                      (0)        1,248,379    +    2,036   +  374,892
  Depository institutions                                                1,116,260    +    5,523   +  469,264
  U.S. Treasury, general account                                           122,517    -    4,255   +   74,809
  U.S. Treasury, supplementary financing account                             5,001             0   -  164,961
  Foreign official                                                           4,228    +      762   +    4,124
  Other                                                       (0)              372    +        5   -    8,345
Deferred availability cash items                            (234)            2,742    +      325   -      628
Other liabilities and accrued dividends (15)                                12,290    -      574   +    3,756

Total liabilities                                           (234)        2,200,595    +    2,802   +  388,655

Capital accounts
Capital paid in                                                             25,672    +        4   +    3,978
Surplus                                                                     25,207    -       87   +    6,001
Other capital accounts                                                       1,121    -      287   +    1,059

Total capital                                                               52,000    -      371   +   11,038
 
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,
    and accrued dividends on the Federal Reserve Bank of New York's preferred interests in AIA Aurora LLC and
    ALICO Holdings LLC.
14. Cash value of agreements, which are collateralized by U.S. Treasury securities and federal agency debt
    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,   February 3, 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         412       3,895         450         467         882       1,356         911         329         197         335         621       1,182
Special drawing rights certificate acct.         5,200         196       1,818         210         237         412         654         424         150          90         153         282         574
Coin                                             2,232          72          83         176         168         318         227         331          39          68         150         238         363
Securities, repurchase agreements, term
   auction credit, and other loans           2,038,435      38,819     863,275      30,320      75,715      69,518     230,818     208,891      75,313      31,919      86,727      92,970     234,150
  Securities held outright (1)               1,911,604      36,670     747,199      29,657      75,524      68,889     230,322     206,856      74,889      31,647      86,288      92,429     231,234
    U.S. Treasury securities                   776,614      14,898     303,559      12,048      30,682      27,987      93,571      84,038      30,425      12,857      35,056      37,550      93,942
      Bills (2)                                 18,423         353       7,201         286         728         664       2,220       1,994         722         305         832         891       2,228
      Notes and bonds (3)                      758,191      14,544     296,358      11,763      29,955      27,323      91,352      82,044      29,703      12,552      34,224      36,660      91,713
    Federal agency debt securities (2)         164,662       3,159      64,362       2,555       6,505       5,934      19,840      17,818       6,451       2,726       7,433       7,962      19,918
    Mortgage-backed securities (4)             970,327      18,614     379,277      15,054      38,336      34,968     116,911     105,000      38,014      16,064      43,800      46,917     117,374
  Repurchase agreements (5)                          0           0           0           0           0           0           0           0           0           0           0           0           0
  Term auction credit                           38,531       2,025      28,711         563         189         460         388       1,725         395         239         438         540       2,858
  Other loans                                   88,301         124      87,365         101           3         170         108         309          28          32           1           2          58
Net portfolio holdings of Commercial
   Paper Funding Facility LLC (6)                8,668           0       8,668           0           0           0           0           0           0           0           0           0           0
Net portfolio holdings of Maiden
   Lane LLC (7)                                 26,822           0      26,822           0           0           0           0           0           0           0           0           0           0
Net portfolio holdings of Maiden
   Lane II LLC (8)                              15,498           0      15,498           0           0           0           0           0           0           0           0           0           0
Net portfolio holdings of Maiden
   Lane III LLC (9)                             22,554           0      22,554           0           0           0           0           0           0           0           0           0           0
Net portfolio holdings of TALF LLC (10)            334           0         334           0           0           0           0           0           0           0           0           0           0
Preferred interests in AIA Aurora LLC
   and ALICO Holdings LLC (11)                  25,106           0      25,106           0           0           0           0           0           0           0           0           0           0
Items in process of collection                     708          12           0          52         166           7         310          25           9          36          23          39          30
Bank premises                                    2,238         121         261          70         144         237         221         206         135         110         267         252         213
Central bank liquidity swaps (12)                  100           4          29          11           7          28           6           2           1           3           1           1           7
Other assets (13)                               93,896       2,277      34,168       3,845       4,585       9,622       9,781       7,954       2,932       1,854       3,294       3,668       9,915
Interdistrict settlement account                     0   +   5,139   + 162,410   +  40,154   -  22,455   + 183,690   -  92,695   -  98,943   -  37,386   -  10,496   -  35,249   -  27,121   -  67,049

Total assets                                 2,252,828      47,051   1,164,921      75,288      59,035     264,714     150,679     119,801      41,522      23,781      55,701      70,952     179,385
 
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,   February 3, 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            1,079,845      35,522     396,999      38,241      44,585      82,080     137,366      85,143      32,813      19,406      28,710      62,882     116,098
  Less: Notes held by F.R. Banks               196,381       4,739      69,883       6,096       8,142      10,814      33,400      12,618       4,210       2,798       3,441      12,684      27,556
    Federal Reserve notes, net                 883,465      30,784     327,116      32,145      36,443      71,266     103,966      72,526      28,603      16,608      25,269      50,198      88,542
Reverse repurchase agreements (14)              53,720       1,031      20,998         833       2,122       1,936       6,472       5,813       2,105         889       2,425       2,597       6,498
Deposits                                     1,248,379      13,085     792,847      36,458      15,526     176,915      35,985      39,341       9,993       4,442      27,154      16,914      79,718
  Depository institutions                    1,116,260      13,073     660,918      36,454      15,523     176,767      35,983      39,333       9,992       4,440      27,153      16,913      79,711
  U.S. Treasury, general account               122,517           0     122,517           0           0           0           0           0           0           0           0           0           0
  U.S. Treasury, supplementary
     financing account                           5,001           0       5,001           0           0           0           0           0           0           0           0           0           0
  Foreign official                               4,228           1       4,200           4           3          11           2           1           0           1           0           1           3
  Other                                            373          11         211           0           0         136           0           8           1           0           1           0           4
Deferred availability cash items                 2,975          86           0         307         815          86         286         189          55         269         150         189         544
Other liabilities and accrued
   dividends (15)                               12,290         174       8,512         181         271         457         634         563         240         140         235         296         588

Total liabilities                            2,200,829      45,158   1,149,473      69,924      55,178     250,660     147,343     118,432      40,996      22,348      55,233      70,195     175,890

Capital
Capital paid in                                 25,672         944       7,442       2,802       1,921       7,140       1,600         622         240         712         208         352       1,688
Surplus                                         25,207         944       7,474       2,562       1,910       6,914       1,581         620         240         712         210         353       1,687
Other capital                                    1,121           4         533           0          26           0         155         127          46           9          49          52         119

Total liabilities and capital                2,252,828      47,051   1,164,921      75,288      59,035     264,714     150,679     119,801      41,522      23,781      55,701      70,952     179,385
 
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,   February 3, 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, and accrued dividends on the Federal Reserve Bank of New York's preferred interests in
    AIA Aurora LLC and ALICO Holdings LLC.
14. Cash value of agreements, which are collateralized by U.S. Treasury securities and federal agency debt 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                                                        Feb 3, 2010 
 
Federal Reserve notes outstanding                                                          1,079,845
  Less: Notes held by F.R. Banks not subject to collateralization                            196,381
    Federal Reserve notes to be collateralized                                               883,465
Collateral held against Federal Reserve notes                                                883,465
  Gold certificate account                                                                    11,037
  Special drawing rights certificate account                                                   5,200
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   867,228
  Other assets pledged                                                                             0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                     1,911,604
  Less: Face value of securities under reverse repurchase agreements                          53,069
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged      1,858,534
 
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.