FEDERAL RESERVE statistical release
H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                             October 13, 2011
 
1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and                         Averages of daily figures         Wednesday  
reserve balances of depository institutions at             Week ended   Change from week ended   Oct 12, 2011
Federal Reserve Banks                                     Oct 12, 2011  Oct 5, 2011 Oct 13, 2010
 
Reserve Bank credit                                        2,839,886   +    4,212   +  546,692    2,843,003
  Securities held outright (1)                             2,645,797   +      604   +  592,551    2,647,918
    U.S. Treasury securities                               1,666,645   +      604   +  845,494    1,668,766
      Bills (2)                                               18,423            0            0       18,423
      Notes and bonds, nominal (2)                         1,569,323   -    1,083   +  814,422    1,571,429
      Notes and bonds, inflation-indexed (2)                  68,966   +    1,418   +   26,648       68,966
      Inflation compensation (3)                               9,934   +      269   +    4,425        9,949
    Federal agency debt securities (2)                       108,268            0   -   45,288      108,268
    Mortgage-backed securities (4)                           870,883            0   -  207,656      870,883
  Repurchase agreements (5)                                        0            0            0            0
  Loans                                                       11,374   -       32   -   37,747       11,393
    Primary credit                                                38   +       12   +       23           70
    Secondary credit                                               1   +        1   +        1            5
    Seasonal credit                                               61   -       15   +        6           56
    Credit extended to American International
       Group, Inc., net (6)                                        0            0   -   19,796            0
    Term Asset-Backed Securities Loan Facility (7)            11,273   -       30   -   17,982       11,262
    Other credit extensions                                        0            0            0            0
  Net portfolio holdings of Maiden Lane LLC (8)               15,487   +        1   -   13,024       15,495
  Net portfolio holdings of Maiden Lane II LLC (9)             9,853   -      104   -    5,821        9,855
  Net portfolio holdings of Maiden Lane III LLC (10)          21,243   +       62   -    1,546       21,294
  Net portfolio holdings of TALF LLC (11)                        785            0   +      184          785
  Preferred interests in AIA Aurora LLC and ALICO
     Holdings LLC (6)                                              0            0   -   26,057            0
  Float                                                       -1,164   -      113   +      567       -1,978
  Central bank liquidity swaps (12)                              500            0   +      440          500
  Other Federal Reserve assets (13)                          136,013   +    3,796   +   37,147      137,741
Gold stock                                                    11,041            0            0       11,041
Special drawing rights certificate account                     5,200            0            0        5,200
Treasury currency outstanding (14)                            44,149   +       14   +      712       44,149

Total factors supplying reserve funds                      2,900,276   +    4,226   +  547,404    2,903,392
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

 
1. Factors Affecting Reserve Balances of Depository Institutions (continued)
Millions of dollars
Reserve Bank credit, related items, and                         Averages of daily figures         Wednesday  
reserve balances of depository institutions at             Week ended   Change from week ended   Oct 12, 2011
Federal Reserve Banks                                     Oct 12, 2011  Oct 5, 2011 Oct 13, 2010
 
Currency in circulation (14)                               1,045,001   +    6,035   +   82,897    1,045,077
Reverse repurchase agreements (15)                            76,850   -    7,247   +   15,129       73,484
  Foreign official and international accounts                 76,850   -    7,247   +   15,129       73,484
  Others                                                           0            0            0            0
Treasury cash holdings                                           132   +        7   -       93          142
Deposits with F.R. Banks, other than reserve balances         82,113   -   15,424   -  151,503       80,544
  Term deposits held by depository institutions                5,077            0   -       36        5,077
  U.S. Treasury, General Account                              21,906   -   21,749   -      874       17,681
  U.S. Treasury, Supplementary Financing Account                   0            0   -  199,962            0
  Foreign official                                               127   -    1,443   -    1,268          126
  Service-related                                              2,512   -        2   +      112        2,512
    Required clearing balances                                 2,512   -        2   +      112        2,512
    Adjustments to compensate for float                            0            0            0            0
  Other                                                       52,491   +    7,769   +   50,526       55,148
Funds from American International Group, Inc. asset
   dispositions, held as agent (6)                                 0            0            0            0
Other liabilities and capital (16)                            71,576   +      641   -    1,421       71,284

Total factors, other than reserve balances,
   absorbing reserve funds                                 1,275,672   -   15,988   -   54,990    1,270,531

Reserve balances with Federal Reserve Banks                1,624,604   +   20,214   +  602,394    1,632,861
 
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. As a result of the closing of the American International Group, Inc. (AIG) recapitalization plan on
   January 14, 2011, the credit extended to AIG was fully repaid and the Federal Reserve's commitment to lend
   any further funds was terminated. In addition, the Federal Reserve Bank of New York (FRBNY) has been paid
   in full for its preferred interests in AIA Aurora LLC and ALICO Holdings LLC. The funds from AIG asset
   dispositions that FRBNY held as agent were the source of repayment of the credit extended to AIG, as well
   as a portion of the FRBNY's preferred interests in ALICO Holdings LLC. The remaining FRBNY preferred
   interests in ALICO Holdings LLC and AIA Aurora LLC, valued at approximately $20 billion, were purchased by
   AIG through a draw on the Treasury's Series F preferred stock commitment and then transferred by AIG to
   the Treasury as consideration for the draw on the available Series F funds.
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 9.
9.  Refer to table 5 and the note on consolidation accompanying table 9.
10. Refer to table 6 and the note on consolidation accompanying table 9.
11. Refer to table 7 and the note on consolidation accompanying 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 the fair value adjustment to credit extended by the FRBNY to eligible borrowers through the
    Term Asset-Backed Securities Loan Facility. Before the closing of the AIG recapitalization plan on
    January 14, 2011, included accrued dividends on the FRBNY's preferred interests in AIA Aurora LLC and
    ALICO Holdings LLC.
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 the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to
    entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only
    to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation
    accompanying table 9. Also includes the liability for interest on Federal Reserve notes due to U.S.
    Treasury. Refer to table 8 and table 9.

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.

 
1A. Memorandum Items
Millions of dollars
                                                                Averages of daily figures         Wednesday  
                                                           Week ended   Change from week ended   Oct 12, 2011
Memorandum item                                           Oct 12, 2011  Oct 5, 2011 Oct 13, 2010
 
Marketable securities held in custody for foreign
   official and international accounts (1)                 3,403,651   -   20,971   +  136,606    3,402,075
  U.S. Treasury securities                                 2,680,422   -   20,520   +  162,533    2,678,963
  Federal agency securities (2)                              723,229   -      451   -   25,927      723,112
Securities lent to dealers                                     9,791   -    4,825   +    2,292       10,829
  Overnight facility (3)                                       9,791   -    4,825   +    2,292       10,829
    U.S. Treasury securities                                   8,640   -    5,046   +    2,835        9,600
    Federal agency debt securities                             1,152   +      222   -      542        1,229
 
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 12, 2011
Millions of dollars
                                       Within 15    16 days to   91 days to  Over 1 year  Over 5 years    Over 10        All     
Remaining maturity                        days       90 days       1 year     to 5 years   to 10 years     years    
 
Loans (1)                                     83           47        4,226        7,036            0           ...       11,393
U.S. Treasury securities (2)
  Holdings                                12,138       26,430      121,847      717,664      583,824       206,864    1,668,766
  Weekly changes                      -    2,503   +    2,504   -    8,865   +        9   +       25    +    5,814   -    3,018
Federal agency debt securities (3)
  Holdings                                   600        5,267       19,655       62,254       18,145         2,347      108,268
  Weekly changes                               0   +    1,593   -      934   -      659            0             0            0
Mortgage-backed securities (4)
  Holdings                                     0            0            0           13           22       870,848      870,883
  Weekly changes                               0            0            0            0            0             0            0
Asset-backed securities held by
   TALF LLC (5)                                0            0            0            0            0             0            0
Repurchase agreements (6)                      0            0          ...          ...          ...           ...            0
Central bank liquidity swaps (7)             500            0            0            0            0             0          500

Reverse repurchase agreements (6)         73,484            0          ...          ...          ...           ...       73,484
Term deposits                              5,077            0            0          ...          ...           ...        5,077
 
Note: Components may not sum to totals because of rounding.
. . . Not applicable.

1. Excludes the loans from the Federal Reserve Bank of New York (FRBNY) to Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III
   LLC, and TALF LLC. The loans were eliminated when preparing the FRBNY's statement of condition consistent with consolidation
   under generally accepted accounting principles.
2. Face value. For inflation-indexed securities, includes the original face value and compensation that adjusts for the effect of
   inflation on the original face value of such securities.
3. Face value.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal
   balance of the underlying mortgages.
5. Face value of asset-backed securities held by TALF LLC, which is the remaining principal balance of the underlying assets.
6. Cash value of agreements.
7. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency
   is returned to the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was
   acquired from the foreign central bank.

 
3. Supplemental Information on Mortgage-Backed Securities
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Oct 12, 2011 
 
Mortgage-backed securities held outright (1)                                                                             870,883

Commitments to buy mortgage-backed securities (2)                                                                          9,150
Commitments to sell mortgage-backed securities (2)                                                                             0

Cash and cash equivalents (3)                                                                                                  0
 
1. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal
   balance of the underlying mortgages.
2. Current face value. Generally settle within 180 days and include commitments associated with outright transactions, dollar rolls,
   and coupon swaps.
3. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 8 and table 9.

 
4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Oct 12, 2011 
 
Net portfolio holdings of Maiden Lane LLC (1)                                                                             15,495

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                 12,212
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         741
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)                              1,369
 
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, 2011. Any assets purchased after this valuation date are initially recorded at cost until their estimated fair
   value as of the purchase date becomes available.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent
   with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.
3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities
   and accrued dividends in table 8 and table 9.

Note: On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC under the authority of
section 13(3) of the Federal Reserve Act. This limited liability company was formed to acquire certain assets of Bear Stearns and to
manage those assets through time to maximize repayment of the credit extended and to minimize disruption to financial markets.
Payments by Maiden Lane LLC from the proceeds of the net portfolio holdings will be made in the following order: operating expenses
of the LLC, principal due to the FRBNY, interest due to the FRBNY, principal due to JPMorgan Chase & Co., and interest due to
JPMorgan Chase & Co. Any remaining funds will be paid to the FRBNY.

 
5. Information on Principal Accounts of Maiden Lane II LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Oct 12, 2011 
 
Net portfolio holdings of Maiden Lane II LLC (1)                                                                           9,855

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                  6,507
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         550
Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc. (3)                    1,098
 
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, 2011. Any assets purchased after this valuation date are initially recorded at cost until their estimated fair
   value as of the purchase date becomes available.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent
   with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.
3. Book value. The deferred payment represents the portion of the proceeds of the net portfolio holdings due to subsidiaries of
   American International Group, Inc. in accordance with the asset purchase agreement. The fair value of this payment and accrued
   interest payable are included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in table
   8 and table 9.

Note: On December 12, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane II LLC under the
authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase residential
mortgage-backed securities from the U.S. securities lending reinvestment portfolio of subsidiaries of American International Group,
Inc. (AIG subsidiaries). Payments by Maiden Lane II LLC from the proceeds of the net portfolio holdings will be made in the
following order: operating expenses of Maiden Lane II LLC, principal due to the FRBNY, interest due to the FRBNY, and deferred
payment and interest due to AIG subsidiaries. Any remaining funds will be shared by the FRBNY and AIG subsidiaries.

 
6. Information on Principal Accounts of Maiden Lane III LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Oct 12, 2011 
 
Net portfolio holdings of Maiden Lane III LLC (1)                                                                         21,294

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                 10,221
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         664
Outstanding principal amount and accrued interest on loan payable to American International Group, Inc. (3)                5,502
 
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, 2011. Any assets purchased after this valuation date are initially recorded at cost until their estimated fair
   value as of the purchase date becomes available.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent
   with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.
3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities
   and accrued dividends in table 8 and table 9.

Note: On November 25, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane III LLC under the
authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase multi-sector
collateralized debt obligations (CDOs) on which the Financial Products group of American International Group, Inc. (AIG) has written
credit default swap (CDS) contracts. In connection with the purchase of CDOs, the CDS counterparties will concurrently unwind the
related CDS transactions. Payments by Maiden Lane III LLC from the proceeds of the net portfolio holdings will be made in the
following order: operating expenses of Maiden Lane III LLC, principal due to the FRBNY, interest due to the FRBNY, principal due to
AIG, and interest due to AIG. Any remaining funds will be shared by the FRBNY and AIG.

 
7. Information on Principal Accounts of TALF LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Oct 12, 2011 
 
Asset-backed securities holdings (1)                                                                                           0
Other investments, net                                                                                                       785
Net portfolio holdings of TALF LLC                                                                                           785

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)                                        109
 
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 $4.3 billion in subordinated debt funding provided by the U.S.
Treasury, and finally, by senior debt funding provided by the FRBNY. Payments by TALF LLC from the proceeds of its net portfolio
holdings will be made in the following order: operating expenses of TALF LLC, principal due to the FRBNY, principal due to the U.S.
Treasury, interest due to the FRBNY, and interest due to the U.S. Treasury. Any remaining funds will be shared by the FRBNY and the
U.S. Treasury.

 
8. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
                                                       Eliminations from  Wednesday         Change since       
                                                        consolidation   Oct 12, 2011   Wednesday    Wednesday  
Assets, liabilities, and capital                                                       Oct 5, 2011 Oct 13, 2010
 
Assets
  Gold certificate account                                                  11,037             0            0
  Special drawing rights certificate account                                 5,200             0            0
  Coin                                                                       2,255    -        2   +      149
  Securities, repurchase agreements, and loans                           2,659,311    -    3,021   +  558,096
    Securities held outright (1)                                         2,647,918    -    3,018   +  596,041
      U.S. Treasury securities                                           1,668,766    -    3,018   +  847,610
        Bills (2)                                                           18,423             0            0
        Notes and bonds, nominal (2)                                     1,571,429    -    4,648   +  816,528
        Notes and bonds, inflation-indexed (2)                              68,966    +    1,369   +   26,648
        Inflation compensation (3)                                           9,949    +      261   +    4,435
      Federal agency debt securities (2)                                   108,268             0   -   43,914
      Mortgage-backed securities (4)                                       870,883             0   -  207,656
    Repurchase agreements (5)                                                    0             0            0
    Loans                                                                   11,393    -        3   -   37,945
  Net portfolio holdings of Maiden Lane LLC (6)                             15,495    +       10   -   13,024
  Net portfolio holdings of Maiden Lane II LLC (7)                           9,855    +        3   -    5,821
  Net portfolio holdings of Maiden Lane III LLC (8)                         21,294    +       59   -    1,540
  Net portfolio holdings of TALF LLC (9)                                       785             0   +      184
  Preferred interests in AIA Aurora LLC and ALICO
     Holdings LLC (10)                                                           0             0   -   26,057
  Items in process of collection                            (137)              282    +       19   -      171
  Bank premises                                                              2,182    +        1   -       42
  Central bank liquidity swaps (11)                                            500             0   +      440
  Other assets (12)                                                        135,574    +    3,869   +   38,536

Total assets                                                (137)        2,863,770    +      938   +  550,751
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

 
8. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
                                                       Eliminations from  Wednesday         Change since       
                                                        consolidation   Oct 12, 2011   Wednesday    Wednesday  
Assets, liabilities, and capital                                                       Oct 5, 2011 Oct 13, 2010
 
Liabilities
  Federal Reserve notes, net of F.R. Bank holdings                       1,003,322    +    2,654   +   80,742
  Reverse repurchase agreements (13)                                        73,484    -    9,344   +   13,511
  Deposits                                                    (0)        1,713,420    +    6,055   +  458,190
    Term deposits held by depository institutions                            5,077             0   -       36
    Other deposits held by depository institutions                       1,635,388    +    8,791   +  606,617
    U.S. Treasury, General Account                                          17,681    -   13,942   +    2,044
    U.S. Treasury, Supplementary Financing Account                               0             0   -  199,962
    Foreign official                                                           126    -       93   -    1,089
    Other                                                     (0)           55,148    +   11,298   +   50,617
  Deferred availability cash items                          (137)            2,260    +      743   -    1,070
  Other liabilities and accrued dividends (14)                              19,247    +      827   +    4,226

Total liabilities                                           (137)        2,811,733    +      934   +  555,599

Capital accounts
  Capital paid in                                                           26,019    +        3   -      676
  Surplus                                                                   26,019    +        3   +      133
  Other capital accounts                                                         0             0   -    4,303

Total capital                                                               52,037    +        4   -    4,847
 
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. As a result of the closing of the AIG recapitalization plan on January 14, 2011, the Federal Reserve Bank
    of New York has been paid in full for its	preferred interests in AIA Aurora LLC and ALICO Holdings LLC. A
    portion of the preferred interests was redeemed by AIG with the funds from AIG asset dispositions that were
    held as agent by the Federal Reserve.
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 Federal Reserve Bank of New York (FRBNY) to
    eligible borrowers through the Term Asset-Backed Securities Loan Facility. Before the closing of the AIG
    recapitalization plan on January 14, 2011, included accrued dividends on the FRBNY's preferred interests in
    AIA Aurora LLC and ALICO Holdings LLC.
13. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt
    securities, and mortgage-backed securities.
14. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to
    entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only to
    the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation
    accompanying table 9. Also includes the liability for interest on Federal Reserve notes due to U.S.
    Treasury. Before the closing of the AIG recapitalization plan on January 14, 2011, included funds from
    American International Group, Inc. asset dispositions, held as agent.


 
9. Statement of Condition of Each Federal Reserve Bank,   October 12, 2011
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         390       3,866         432         450         872       1,394         854         319         197         318         728       1,217
  Special drawing rights certificate acct.       5,200         196       1,818         210         237         412         654         424         150          90         153         282         574
  Coin                                           2,255          54          82         163         163         385         207         336          33          57         168         236         371
  Securities, repurchase agreements,
     and loans                               2,659,311      65,103   1,242,663      90,708      71,526     305,808     196,858     157,297      50,122      40,715      70,451     104,757     263,305
    Securities held outright (1)             2,647,918      65,103   1,231,395      90,707      71,526     305,808     196,853     157,248      50,117      40,695      70,436     104,725     263,305
      U.S. Treasury securities               1,668,766      41,029     776,048      57,165      45,077     192,726     124,060      99,100      31,585      25,646      44,390      66,000     165,940
        Bills (2)                               18,423         453       8,567         631         498       2,128       1,370       1,094         349         283         490         729       1,832
        Notes and bonds (3)                  1,650,344      40,576     767,481      56,534      44,579     190,598     122,691      98,006      31,236      25,363      43,900      65,271     164,108
      Federal agency debt securities (2)       108,268       2,662      50,349       3,709       2,925      12,504       8,049       6,430       2,049       1,664       2,880       4,282      10,766
      Mortgage-backed securities (4)           870,883      21,412     404,998      29,833      23,524     100,578      64,744      51,718      16,483      13,384      23,166      34,444      86,599
    Repurchase agreements (5)                        0           0           0           0           0           0           0           0           0           0           0           0           0
    Loans                                       11,393           0      11,267           1           0           0           5          49           5          20          15          31           0
  Net portfolio holdings of Maiden
     Lane LLC (6)                               15,495           0      15,495           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane II LLC (7)                             9,855           0       9,855           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane III LLC (8)                           21,294           0      21,294           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (9)           785           0         785           0           0           0           0           0           0           0           0           0           0
  Preferred interests in AIA Aurora LLC
     and ALICO Holdings LLC (10)                     0           0           0           0           0           0           0           0           0           0           0           0           0
  Items in process of collection                   419          25           0          58          97           8          37          38           8          33           8          21          87
  Bank premises                                  2,182         123         256          67         126         234         214         205         134         106         260         246         212
  Central bank liquidity swaps (11)                500          17         145          48          37         103          29          13           4          15           5           8          77
  Other assets (12)                            135,574       3,626      58,132       6,336       4,938      18,130       9,654       7,125       2,308       2,537       3,138       4,728      14,921
  Interdistrict settlement account                   0   +   5,965   + 281,009   -  14,906   -   1,148   - 134,132   -  37,024   -  21,191   -   8,744   -  17,033   -  18,635   +   1,737   -  35,900

Total assets                                 2,863,907      75,499   1,635,398      83,117      76,426     191,820     172,022     145,101      44,335      26,717      55,866     112,742     244,863
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

 
9. Statement of Condition of Each Federal Reserve Bank,   October 12, 2011 (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          1,169,759      43,154     388,894      46,557      54,858      95,488     146,246      90,508      33,919      20,951      34,670      79,524     134,990
    Less: Notes held by F.R. Banks             166,437       5,502      44,990       6,761       8,693      11,688      26,484      13,029       4,409       5,455       3,803      10,850      24,773
      Federal Reserve notes, net             1,003,322      37,652     343,904      39,797      46,165      83,800     119,762      77,479      29,510      15,496      30,867      68,674     110,217
  Reverse repurchase agreements (13)            73,484       1,807      34,173       2,517       1,985       8,487       5,463       4,364       1,391       1,129       1,955       2,906       7,307
  Deposits                                   1,713,420      33,782   1,227,134      35,236      23,702      87,351      43,163      61,107      12,679       9,260      22,173      39,927     117,907
    Term deposits held by depository
       institutions                              5,077          20       1,270         605           0       2,015           0         555           0          60           1           6         545
    Other deposits held by depository
       institutions                          1,635,388      33,740   1,153,189      34,627      23,698      85,139      43,161      60,522      12,675       9,197      22,170      39,920     117,350
    U.S. Treasury, General Account              17,681           0      17,681           0           0           0           0           0           0           0           0           0           0
    U.S. Treasury, Supplementary
       Financing Account                             0           0           0           0           0           0           0           0           0           0           0           0           0
    Foreign official                               126           1          98           4           3           8           2           1           0           1           0           1           6
    Other                                       55,148          21      54,897           0           1         189           0          29           4           2           1           0           6
  Deferred availability cash items               2,397         126           0         399         273          72         128         151          99         439         141         114         456
  Interest on Federal Reserve notes due
     to U.S. Treasury (14)                       2,125          61         964          93          69         266         143         114          34          40          47          72         221
  Other liabilities and accrued
     dividends (15)                             17,122         187      13,626         260         267         722         430         364         171         134         166         262         535

Total liabilities                            2,811,870      73,614   1,619,800      78,302      72,461     180,696     169,088     143,579      43,884      26,498      55,348     111,955     236,644

Capital
  Capital paid in                               26,019         943       7,799       2,407       1,982       5,562       1,467         761         225         109         259         394       4,110
  Surplus                                       26,019         943       7,799       2,407       1,982       5,562       1,467         761         225         109         259         394       4,110
  Other capital                                      0           0           0           0           0           0           0           0           0           0           0           0           0

Total liabilities and capital                2,863,907      75,499   1,635,398      83,117      76,426     191,820     172,022     145,101      44,335      26,717      55,866     112,742     244,863
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

9. Statement of Condition of Each Federal Reserve Bank,   October 12, 2011 (continued)
1. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.
2. Face value of the securities.
3. Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such securities.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the underlying mortgages.
5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
6. Refer to table 4 and the note on consolidation below.
7. Refer to table 5 and the note on consolidation below.
8. Refer to table 6 and the note on consolidation below.
9.  Refer to table 7 and the note on consolidation below.
10. As a result of the closing of the AIG recapitalization plan on January 14, 2011, the Federal Reserve Bank of New York has been paid in full for its preferred interests in AIA Aurora LLC and ALICO
    Holdings LLC. A portion of the preferred interests was redeemed by AIG with the funds from AIG asset dispositions that were held as agent by the Federal Reserve.
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 Federal Reserve Bank of New York
    (FRBNY) to eligible	borrowers through the Term Asset-Backed Securities Loan Facility. Before the closing of the AIG recapitalization plan on January 14, 2011, included accrued dividends on the
    FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC.
13. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.
14. 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.
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 below. Before the closing of the AIG recapitalization plan on January 14,
    2011, included funds from American International Group, Inc. asset dispositions, held as agent.


Note on consolidation:

The Federal Reserve Bank of New York (FRBNY) has extended loans to several limited liability companies under the authority of section 13(3) of the Federal Reserve Act. On June 26, 2008, a loan was
extended to Maiden Lane LLC, which was formed to acquire certain assets of Bear Stearns. On November 25, 2008, a loan was extended to Maiden Lane III LLC, which was formed to purchase multi-sector
collateralized debt obligations on which the Financial Products group of the American International Group, Inc. has written credit default swap contracts. On December 12, 2008, a loan was extended to
Maiden Lane II LLC, which was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment portfolio of subsidiaries of American International Group, Inc.
On November 25, 2008, the Federal Reserve Board authorized the FRBNY to extend credit to TALF LLC, which was formed to purchase and manage any asset-backed securities received by the FRBNY in
connection with the decision of a borrower not to repay a loan extended under the Term Asset-Backed Securities Loan Facility.

The FRBNY is the primary beneficiary of TALF LLC, because of the two beneficiaries of the LLC, the FRBNY and the U.S. Treasury, the FRBNY is primarily responsible for directing the financial
activities of TALF LLC. The FRBNY is the primary beneficiary of the other LLCs cited above because it will receive a majority of any residual returns of the LLCs and absorb a majority of any residual
losses of the LLCs. Consistent with generally accepted accounting principles, the assets and liabilities of these LLCs have been consolidated with the assets and liabilities of the FRBNY in the
preparation of the statements of condition shown on this release. As a consequence of the consolidation, the extensions of credit from the FRBNY to the LLCs are eliminated, the net assets of the LLCs
appear as assets on the previous page (and in table 1 and table 8), and the liabilities of the LLCs to entities other than the FRBNY, including those with recourse only to the portfolio holdings of
the LLCs, are included in other liabilities in this table (and table 1 and table 8).

 
10. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
                                                                                            Wednesday   
Federal Reserve notes and collateral                                                       Oct 12, 2011 
 
Federal Reserve notes outstanding                                                          1,169,759
  Less: Notes held by F.R. Banks not subject to collateralization                            166,437
    Federal Reserve notes to be collateralized                                             1,003,322
Collateral held against Federal Reserve notes                                              1,003,322
  Gold certificate account                                                                    11,037
  Special drawing rights certificate account                                                   5,200
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   987,085
  Other assets pledged                                                                             0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                     2,647,918
  Less: Face value of securities under reverse repurchase agreements                          64,774
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged      2,583,143
 
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.