FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and

Condition Statement of Federal Reserve Banks October 4, 2012

1. Factors Affecting Reserve Balances of Depository Institutions

Millions of dollars

Averages of daily figures Wednesday

 Oct 3, 2012 Week ended

 Oct 3, 2012

Change from week ended

Sep 26, 2012 Oct 5, 2011

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Reserve Bank credit 2,785,574 - 11,011 - 50,086 2,790,880

Securities held outright1 2,566,854 - 8,973 - 78,339 2,571,341

U.S. Treasury securities 1,648,460 + 5,302 - 17,581 1,652,944

Bills2 0 0 - 18,423 0

Notes and bonds, nominal2 1,566,714 + 5,316 - 3,692 1,571,169

Notes and bonds, inflation-indexed2 71,784 0 + 4,236 71,784

Inflation compensation3 9,962 - 15 + 297 9,991

Federal agency debt securities2 83,405 - 1,365 - 24,863 83,405

Mortgage-backed securities4 834,989 - 12,910 - 35,894 834,992

Repurchase agreements5 0 0 0 0

Loans 1,595 - 133 - 9,811 1,572

Primary credit 23 - 20 - 3 17

Secondary credit 0 0 0 0

Seasonal credit 106 - 21 + 30 89

Term Asset-Backed Securities Loan Facility6 1,467 - 91 - 9,836 1,467

Other credit extensions 0 0 0 0

Net portfolio holdings of Maiden Lane LLC7 1,721 - 15 - 13,765 1,731

Net portfolio holdings of Maiden Lane II LLC8 61 0 - 9,896 61

Net portfolio holdings of Maiden Lane III LLC9 23 - 443 - 21,158 23

Net portfolio holdings of TALF LLC10 853 0 + 68 853

Float -700 - 107 + 351 -671

Central bank liquidity swaps11 12,551 - 2,142 + 12,051 12,551

Other Federal Reserve assets12 202,615 + 801 + 70,412 203,419

Gold stock 11,041 0 0 11,041

Special drawing rights certificate account 5,200 0 0 5,200

Treasury currency outstanding13 44,699 + 14 + 617 44,699

Total factors supplying reserve funds 2,846,513 - 10,998 - 49,470 2,851,820

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1

1. Factors Affecting Reserve Balances of Depository Institutions (continued)

Millions of dollars

Averages of daily figures Wednesday

 Oct 3, 2012 Week ended

 Oct 3, 2012

Change from week ended

Sep 26, 2012 Oct 5, 2011

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Currency in circulation13 1,129,953 + 3,887 + 91,040 1,133,670

Reverse repurchase agreements14 90,535 - 696 + 6,438 87,263

Foreign official and international accounts 90,535 - 696 + 6,438 87,263

Others 0 0 0 0

Treasury cash holdings 123 + 12 - 2 129

Deposits with F.R. Banks, other than reserve balances 111,387 - 35,678 + 13,850 98,873

Term deposits held by depository institutions 3,040 0 - 2,037 3,040

U.S. Treasury, General Account 83,297 + 10,058 + 39,642 73,488

U.S. Treasury, Supplementary Financing Account 0 0 0 0

Foreign official 5,591 + 30 + 4,021 5,561

Service-related 0 0 - 2,514 0

Required clearing balances 0 0 - 2,514 0

Adjustments to compensate for float 0 0 0 0

Other 19,458 - 45,767 - 25,264 16,784

Other liabilities and capital15 67,634 - 514 - 3,301 67,260

Total factors, other than reserve balances,

absorbing reserve funds 1,399,633 - 32,988 + 108,026 1,387,195

Reserve balances with Federal Reserve Banks 1,446,881 + 21,991 - 157,496 1,464,625

Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.

2. Face value of the securities.

3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities.

4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of

the underlying mortgages.

5. Cash value of agreements.

6. Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the Term Asset-Backed Securities Loan Facility.

7. Refer to table 4 and the note on consolidation accompanying table 9.

8. Refer to table 5 and the note on consolidation accompanying table 9.

9. Refer to table 6 and the note on consolidation accompanying table 9.

10.Refer to table 7 and the note on consolidation accompanying table 9.

11.Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned

to the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was acquired from the

foreign central bank.

12.Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates, and the fair value adjustment

to credit extended by the FRBNY to eligible borrowers through the Term Asset-Backed Securities Loan Facility.

13.Estimated.

14.Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.

15.Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to entities other than the Federal Reserve

Bank of New York, including liabilities that have recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note

on consolidation accompanying table 9. Also includes the liability for interest on Federal Reserve notes due to U.S. Treasury. Refer to table 8

and table 9.

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.
H.4.1

1A. Memorandum Items

Millions of dollars

Averages of daily figures Wednesday

 Oct 3, 2012 Week ended

 Oct 3, 2012

Change from week ended

Sep 26, 2012 Oct 5, 2011

Memorandum item

Marketable securities held in custody for foreign

official and international accounts1 3,593,306 + 120 + 168,684 3,584,937

U.S. Treasury securities 2,889,391 - 1,852 + 188,449 2,879,940

Federal agency securities2 703,914 + 1,971 - 19,766 704,997

Securities lent to dealers 10,327 + 2,177 - 4,289 7,529

Overnight facility3 10,327 + 2,177 - 4,289 7,529

U.S. Treasury securities 9,761 + 2,206 - 3,925 6,921

Federal agency debt securities 566 - 29 - 364 608

Note: Components may not sum to totals because of rounding.

1. Face value of the securities. Includes U.S. Treasury STRIPS and other zero-coupon bonds at face value and mortgage-backed securities at original

face value.

2. Includes debt and mortgage-backed securities.

3. Fully collateralized by U.S. Treasury securities.

2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, October 3, 2012

Millions of dollars

Within 15

days

16 days to

90 days

91 days to

1 year

Over 1 year

to 5 years

Over 5 years

to 10 years

Over 10

years

Remaining maturity All

Loans1 40 229 363 940 0 ... 1,572

U.S. Treasury securities2

Holdings 0 485 611 461,377 809,358 381,112 1,652,944

Weekly changes - 825 + 382 - 381 - 3,187 + 4,842 + 3,709 + 4,541

Federal agency debt securities3

Holdings 659 5,963 16,131 53,895 4,410 2,347 83,405

Weekly changes 0 0 + 3,000 - 3,000 0 0 0

Mortgage-backed securities4

Holdings 0 0 4 2 306 834,680 834,992

Weekly changes 0 0 + 1 - 1 + 12 + 1 + 13

Asset-backed securities held by

TALF LLC5 0 0 0 0 0 0 0

Repurchase agreements6 0 0 ... ... ... ... 0

Central bank liquidity swaps7 4,375 8,175 0 0 0 0 12,551

Reverse repurchase agreements6 87,263 0 ... ... ... ... 87,263

Term deposits 3,040 0 0 ... ... ... 3,040

Note: Components may not sum to totals because of rounding.

. . . Not applicable.

1. Excludes the loans from the Federal Reserve Bank of New York (FRBNY) to Maiden Lane LLC, Maiden Lane II LLC, Maiden

Lane III LLC, and TALF LLC. The loans were eliminated when preparing the FRBNY’s statement of condition consistent with consolidation

under generally accepted accounting principles.

2. Face value. For inflation-indexed securities, includes the original face value and compensation that adjusts for the effect of inflation on the

original face value of such securities.

3. Face value.

4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the

underlying mortgages.

5. Face value of asset-backed securities held by TALF LLC, which is the remaining principal balance of the underlying assets.

6. Cash value of agreements.

7. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to

the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was acquired from the foreign

central bank.
H.4.1

3. Supplemental Information on Mortgage-Backed Securities

Millions of dollars

Wednesday

 Oct 3, 2012 Account name

Mortgage-backed securities held outright1 834,992

Commitments to buy mortgage-backed securities2 93,702

Commitments to sell mortgage-backed securities2 3,200

Cash and cash equivalents3 6

1. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the

underlying mortgages.

2. Current face value. Generally settle within 180 days and include commitments associated with outright transactions, dollar rolls, and coupon swaps.

3. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 8 and table 9.

4. Information on Principal Accounts of Maiden Lane LLC

Millions of dollars

Wednesday

 Oct 3, 2012 Account name

Net portfolio holdings of Maiden Lane LLC1 1,731

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 0

Accrued interest payable to the Federal Reserve Bank of New York2 0

Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co.3 308

1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to be conducted in an

orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of June 30, 2012. Any assets purchased after

this valuation date are initially recorded at cost until their estimated fair value as of the purchase date becomes available.

2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York’s statement of condition consistent with

consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.

3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in

table 8 and table 9.

Note: On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC under the authority of section 13(3)

of the Federal Reserve Act. This limited liability company was formed to acquire certain assets of Bear Stearns and to manage those assets

through time to maximize repayment of the credit extended and to minimize disruption to financial markets. Payments by Maiden Lane LLC from

the proceeds of the net portfolio holdings will be made in the following order: operating expenses of the LLC, principal due to the FRBNY, interest

due to the FRBNY, principal due to JPMorgan Chase & Co., and interest due to JPMorgan Chase & Co. Any remaining funds will be paid to the

FRBNY.

5. Information on Principal Accounts of Maiden Lane II LLC

Millions of dollars

Wednesday

 Oct 3, 2012 Account name

Net portfolio holdings of Maiden Lane II LLC1 61

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 0

Accrued interest payable to the Federal Reserve Bank of New York2 0

Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc.3 0

1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to be conducted in an

orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of June 30, 2012. Any assets purchased after

this valuation date are initially recorded at cost until their estimated fair value as of the purchase date becomes available.

2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York’s statement of condition consistent with

consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.

3. Book value. The deferred payment represents the portion of the proceeds of the net portfolio holdings due to subsidiaries of American

International Group, Inc. in accordance with the asset purchase agreement. The fair value of this payment and accrued interest payable are

included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in table 8 and table 9.

Note: On December 12, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane II LLC under the authority

of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase residential mortgage-backed securities from the

U.S. securities lending reinvestment portfolio of subsidiaries of American International Group, Inc. (AIG subsidiaries). Payments by Maiden Lane II

LLC from the proceeds of the net portfolio holdings will be made in the following order: operating expenses of Maiden Lane II LLC, principal due to

the FRBNY, interest due to the FRBNY, and deferred payment and interest due to AIG subsidiaries. Any remaining funds will be shared by the

FRBNY and AIG subsidiaries.
H.4.1

6. Information on Principal Accounts of Maiden Lane III LLC

Millions of dollars

Wednesday

 Oct 3, 2012 Account name

Net portfolio holdings of Maiden Lane III LLC1 23

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 0

Accrued interest payable to the Federal Reserve Bank of New York2 0

Outstanding principal amount and accrued interest on loan payable to American International Group, Inc.3 0

1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to be conducted in an

orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of June 30, 2012. Any assets purchased after

this valuation date are initially recorded at cost until their estimated fair value as of the purchase date becomes available.

2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York’s statement of condition consistent with

consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.

3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in

table 8 and table 9.

Note: On November 25, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane III LLC under the authority

of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase multi-sector collateralized debt obligations

(CDOs) on which the Financial Products group of American International Group, Inc. (AIG) has written credit default swap (CDS) contracts. In

connection with the purchase of CDOs, the CDS counterparties will concurrently unwind the related CDS transactions. Payments by Maiden Lane

III LLC from the proceeds of the net portfolio holdings will be made in the following order: operating expenses of Maiden Lane III LLC, principal due

to the FRBNY, interest due to the FRBNY, principal due to AIG, and interest due to AIG. Any remaining funds will be shared by the FRBNY and

AIG.

7. Information on Principal Accounts of TALF LLC

Millions of dollars

Wednesday

 Oct 3, 2012 Account name

Asset-backed securities holdings1 0

Other investments, net 853

Net portfolio holdings of TALF LLC 853

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 0

Accrued interest payable to the Federal Reserve Bank of New York2 0

Funding provided by U.S. Treasury to TALF LLC, including accrued interest payable3 112

1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to be conducted in an orderly

market on the measurement date.

2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York’s statement of condition consistent with consolidation

under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.

3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in table 8

and table 9.

Note: On November 25, 2008, the Federal Reserve announced the creation of the Term Asset-Backed Securities Loan Facility (TALF) under the authority

of section 13(3) of the Federal Reserve Act. The TALF is a facility under which the Federal Reserve Bank of New York (FRBNY) extends loans with a term

of up to five years to holders of eligible asset-backed securities. The TALF is intended to assist financial markets in accommodating the credit needs of

consumers and businesses by facilitating the issuance of asset-backed securities collateralized by a variety of consumer and business loans. The loans

provided through the TALF to eligible borrowers are non-recourse, meaning that the obligation of the borrower can be discharged by surrendering the

collateral to the FRBNY. The loans are extended for the market value of the security less an amount known as a haircut. As a result, the borrower bears

the initial risk of a decline in the value of the security.

TALF LLC is a limited liability company formed to purchase and manage any asset-backed securities received by the FRBNY in connection with the

decision of a borrower not to repay a TALF loan. TALF LLC has committed, for a fee, to purchase all asset-backed securities received by the FRBNY in

conjunction with a TALF loan at a price equal to the TALF loan plus accrued but unpaid interest. Losses on asset-backed securities held by TALF LLC will

be offset in the following order: by the commitment fees collected by TALF LLC, by the interest received on investments of TALF LLC, by up to $1.4 billion

in subordinated debt funding provided by the U.S. Treasury, and finally, by senior debt funding provided by the FRBNY. Payments by TALF LLC from the

proceeds of its net portfolio holdings will be made in the following order: operating expenses of TALF LLC, principal due to the FRBNY, principal due to the

U.S. Treasury, interest due to the FRBNY, and interest due to the U.S. Treasury. Any remaining funds will be shared by the FRBNY and the U.S. Treasury.
H.4.1

8. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Eliminations from

consolidation

Wednesday

 Oct 3, 2012

Change since

Wednesday

Sep 26, 2012

Wednesday

 Oct 5, 2011

Assets, liabilities, and capital

Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 5,200 0 0

Coin 2,180 - 3 - 77

Securities, repurchase agreements, and loans 2,572,913 + 4,394 - 89,419

Securities held outright1 2,571,341 + 4,554 - 79,595

U.S. Treasury securities 1,652,944 + 4,541 - 18,840

Bills2 0 0 - 18,423

Notes and bonds, nominal2 1,571,169 + 4,515 - 4,908

Notes and bonds, inflation-indexed2 71,784 0 + 4,187

Inflation compensation3 9,991 + 26 + 303

Federal agency debt securities2 83,405 0 - 24,863

Mortgage-backed securities4 834,992 + 13 - 35,891

Repurchase agreements5 0 0 0

Loans 1,572 - 160 - 9,824

Net portfolio holdings of Maiden Lane LLC6 1,731 + 11 - 13,754

Net portfolio holdings of Maiden Lane II LLC7 61 0 - 9,791

Net portfolio holdings of Maiden Lane III LLC8 23 - 2 - 21,212

Net portfolio holdings of TALF LLC9 853 0 + 68

Items in process of collection (109) 229 + 91 - 34

Bank premises 2,344 - 6 + 163

Central bank liquidity swaps10 12,551 - 2,142 + 12,051

Other assets11 201,076 + 1,668 + 69,371

Total assets (109) 2,810,196 + 4,009 - 52,636

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1

8. Consolidated Statement of Condition of All Federal Reserve Banks (continued)

Millions of dollars

Eliminations from

consolidation

Wednesday

 Oct 3, 2012

Change since

Wednesday

Sep 26, 2012

Wednesday

 Oct 5, 2011

Assets, liabilities, and capital

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 1,091,276 + 5,468 + 90,608

Reverse repurchase agreements12 87,263 - 2,273 + 4,435

Deposits (0) 1,563,498 + 37 - 143,867

Term deposits held by depository institutions 3,040 0 - 2,037

Other deposits held by depository institutions 1,464,625 - 5,911 - 161,972

U.S. Treasury, General Account 73,488 + 7,823 + 41,865

U.S. Treasury, Supplementary Financing Account 0 0 0

Foreign official 5,561 + 1 + 5,342

Other (0) 16,784 - 1,876 - 27,066

Deferred availability cash items (109) 899 + 120 - 618

Other liabilities and accrued dividends13 12,528 + 643 - 5,892

Total liabilities (109) 2,755,464 + 3,995 - 55,335

Capital accounts

Capital paid in 27,366 + 7 + 1,350

Surplus 27,366 + 7 + 1,350

Other capital accounts 0 0 0

Total capital 54,732 + 14 + 2,699

Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.

2. Face value of the securities.

3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities.

4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the

underlying mortgages.

5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.

6. Refer to table 4 and the note on consolidation accompanying table 9.

7. Refer to table 5 and the note on consolidation accompanying table 9.

8. Refer to table 6 and the note on consolidation accompanying table 9.

9. Refer to table 7 and the note on consolidation accompanying table 9.

10.Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to

the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was acquired from the foreign

central bank.

11.Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates and the fair value adjustment to

credit extended by the Federal Reserve Bank of New York (FRBNY) to eligible borrowers through the Term Asset-Backed Securities Loan Facility.

12.Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.

13.Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to entities other than the Federal

Reserve Bank of New York, including liabilities that have recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and

the note on consolidation accompanying table 9. Also includes the liability for interest on Federal Reserve notes due to U.S. Treasury.
H.4.1

9. Statement of Condition of Each Federal Reserve Bank, October 3, 2012Millions of dollars

Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minn

Assets, liabilities, and capital

Assets

Gold certificate account 11,037 408 3,824 437 515 890 1,337 839 313 Special drawing rights certificate acct. 5,200 196 1,818 210 237 412 654 424 150 Coin 2,180 52 105 148 148 387 206 319 35 Securities, repurchase agreements,

and loans 2,572,913 62,453 1,443,100 85,003 65,375 183,006 155,051 142,656 40,217 

Securities held outright1 2,571,341 62,453 1,441,634 85,003 65,375 183,006 155,034 142,647 40,200 

U.S. Treasury securities 1,652,944 40,147 926,730 54,643 42,025 117,642 99,661 91,698 25,842 

Bills2 0 0 0 0 0 0 0 0 0 Notes and bonds3 1,652,944 40,147 926,730 54,643 42,025 117,642 99,661 91,698 25,842 

Federal agency debt securities2 83,405 2,026 46,761 2,757 2,121 5,936 5,029 4,627 1,304 

Mortgage-backed securities4 834,992 20,280 468,142 27,603 21,229 59,428 50,344 46,322 13,054 

Repurchase agreements5 0 0 0 0 0 0 0 0 0 Loans 1,572 0 1,467 0 0 0 17 9 16 

Net portfolio holdings of Maiden

Lane LLC6 1,731 0 1,731 0 0 0 0 0 0 

Net portfolio holdings of Maiden

Lane II LLC7 61 0 61 0 0 0 0 0 0 

Net portfolio holdings of Maiden

Lane III LLC8 23 0 23 0 0 0 0 0 0 

Net portfolio holdings of TALF LLC9 853 0 853 0 0 0 0 0 0 

Items in process of collection 338 2 0 45 25 5 204 9 4 Bank premises 2,344 120 453 68 122 229 213 202 130 Central bank liquidity swaps10 12,551 440 4,049 1,089 928 2,596 718 335 103 Other assets11 201,076 5,190 106,223 8,038 6,373 17,951 12,089 10,411 2,990 Interdistrict settlement account 0 + 3,585 - 45,612 - 13,113 + 2,497 - 40,567 + 32,251 + 842 + 2,493 + 

Total assets 2,810,305 72,446 1,516,628 81,924 76,220 164,908 202,721 156,037 46,434 

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1

9. Statement of Condition of Each Federal Reserve Bank, October 3, 2012 (continued)Millions of dollars

Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minn

Assets, liabilities, and capital

Liabilities

Federal Reserve notes outstanding 1,310,140 45,718 458,691 47,659 61,113 101,795 176,924 94,517 37,293 

Less: Notes held by F.R. Banks 218,864 5,070 85,326 5,928 8,391 12,456 27,653 13,580 4,410 

Federal Reserve notes, net 1,091,276 40,648 373,365 41,730 52,722 89,340 149,271 80,937 32,883 

Reverse repurchase agreements12 87,263 2,119 48,924 2,885 2,219 6,211 5,261 4,841 1,364 

Deposits 1,563,498 26,707 1,069,047 32,651 16,664 57,329 44,284 68,131 11,495 

Term deposits held by depository

institutions 3,040 5 2,596 0 0 10 55 5 0 

Other deposits held by depository

institutions 1,464,625 26,695 970,958 32,630 16,661 57,066 44,218 68,099 11,494 

U.S. Treasury, General Account 73,488 0 73,488 0 0 0 0 0 0 U.S. Treasury, Supplementary

Financing Account 0 0 0 0 0 0 0 0 0 

Foreign official 5,561 1 5,534 3 3 8 2 1 0 Other 16,784 5 16,471 17 0 245 8 26 0 

Deferred availability cash items 1,008 34 0 99 44 24 214 27 29 Interest on Federal Reserve notes due

to U.S. Treasury13 1,514 20 908 38 26 88 112 82 23 

Other liabilities and accrued

dividends14 11,014 245 6,923 315 291 751 506 469 189 

Total liabilities 2,755,573 69,773 1,499,168 77,718 71,966 153,743 199,647 154,486 45,983 Capital

Capital paid in 27,366 1,336 8,730 2,103 2,127 5,583 1,537 775 225 Surplus 27,366 1,336 8,730 2,103 2,127 5,583 1,537 775 225 Other capital 0 0 0 0 0 0 0 0 0 

Total liabilities and capital 2,810,305 72,446 1,516,628 81,924 76,220 164,908 202,721 156,037 46,434 

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1

9. Statement of Condition of Each Federal Reserve Bank, October 3, 2012 (continued)1. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.2. Face value of the securities.3. Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such securitie4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the underlying mort5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.6. Refer to table 4 and the note on consolidation below.7. Refer to table 5 and the note on consolidation below.8. Refer to table 6 and the note on consolidation below.9. Refer to table 7 and the note on consolidation below.10.Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign centr

equals the market exchange rate used when the foreign currency was acquired from the foreign central bank.

11.Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates and the fair value adjustment to credit extended by 

of New York (FRBNY) to eligible	borrowers through the Term Asset-Backed Securities Loan Facility.

12.Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.13.Represents the estimated weekly remittances to U.S Treasury as interest on Federal Reserve notes or, in those cases where the Reserve Bank’s net earnings 

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 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 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 and the amount necessary to equate surplus with capital paid-in.

14.Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to entities other than the Federal Reserve Bank of New Y

recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation below.

Note on consolidation:The Federal Reserve Bank of New York (FRBNY) has extended loans to several limited liability companies under the authority of section 13(3) of the Federal Resewas extended to Maiden Lane LLC, which was formed to acquire certain assets of Bear Stearns. On November 25, 2008, a loan was extended to Maiden Lane III multi-sector collateralized debt obligations on which the Financial Products group of the American International Group, Inc. has written credit default swap contractwas extended to Maiden Lane II LLC, which was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment portfolio 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 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 FacilitThe 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 respoTALF 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 Consistent with generally accepted accounting principles, the assets and liabilities of these LLCs have been consolidated with the assets and liabilities of the FRBNcondition 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 (and in table 1 and table 8), and the liabilities of the LLCs to entities other than the FRBNY, including those with recourse only to the portfolio holdings of the LLCsin this table (and table 1 and table 8).
H.4.1

10. Collateral Held against Federal Reserve Notes: Federal Reserve Agents’ Accounts

Millions of dollars

Wednesday

 Oct 3, 2012 Federal Reserve notes and collateral

Federal Reserve notes outstanding 1,310,140

Less: Notes held by F.R. Banks not subject to collateralization 218,864

Federal Reserve notes to be collateralized 1,091,276

Collateral held against Federal Reserve notes 1,091,276

Gold certificate account 11,037

Special drawing rights certificate account 5,200

U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 1,075,039

Other assets pledged 0

Memo:

Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 2,571,341

Less: Face value of securities under reverse repurchase agreements 74,189

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 2,497,152

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.