FEDERAL RESERVE statistical release

For Release at

4:30 P.M. EDT 

June 12, 2014

Table 10 line items “Less: Face value of securities under reverse repurchase agreements” and “U.S. 

Treasury, agency debt, and mortgage-backed securities eligible to be pledged” have been corrected 

to include securities pledged as collateral for tri-party reverse repurchase agreements. 

The revised data are reported at the following 

link: http://www.federalreserve.gov/releases/h41/2014update.htm. 

Historical data incorporating this correction can be accessed through the Data Download Program 

(DDP) at http://www.federalreserve.gov/datadownload/Choose.aspx?rel=H41. 
FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and 

Condition Statement of Federal Reserve Banks October 10, 2013

1. Factors Affecting Reserve Balances of Depository Institutions

Millions of dollars

Averages of daily figures

Change from week ended

Reserve Bank credit, related items, and

reserve balances of depository institutions at 

Federal Reserve Banks

Week ended

Oct 9, 2013 Oct 2, 2013 Oct 10, 2012

Wednesday

Oct 9, 2013

Reserve Bank credit 3,710,900 + 13,748 + 941,061 3,715,319

Securities held outright1 3,485,813 + 12,866 + 910,120 3,489,552

U.S. Treasury securities 2,083,015 + 13,253 + 425,626 2,086,741

Bills2 0 0 0 0

Notes and bonds, nominal2 1,982,444 + 13,228 + 406,901 1,986,161

Notes and bonds, inflation-indexed2 87,209 0 + 15,425 87,209

Inflation compensation3 13,362 + 25 + 3,299 13,372

Federal agency debt securities2 60,652 - 429 - 22,659 60,652

Mortgage-backed securities4 1,342,147 + 43 + 507,154 1,342,159

Unamortized premiums on securities held outright5 204,053 - 80 + 48,248 204,039

Unamortized discounts on securities held outright5 -7,470 - 336 - 5,783 -7,636

Repurchase agreements6 0 0 0 0

Loans 237 - 24 - 1,320 246

Primary credit 7 - 8 - 10 13

Secondary credit 0 0 0 0

Seasonal credit 130 - 15 + 44 132

Term Asset-Backed Securities Loan Facility7 101 0 - 1,353 101

Other credit extensions 0 0 0 0

Net portfolio holdings of Maiden Lane LLC8 1,493 - 1 - 238 1,493

Net portfolio holdings of Maiden Lane II LLC9 64 0 + 3 64

Net portfolio holdings of Maiden Lane III LLC10 22 0 - 1 22

Net portfolio holdings of TALF LLC11 111 - 1 - 742 111

Float -728 - 40 + 19 -718

Central bank liquidity swaps12 232 - 279 - 12,719 186

Other Federal Reserve assets13 27,072 + 1,641 + 3,474 27,961

Foreign currency denominated assets14 24,319 + 143 - 1,542 24,237

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding15 45,343 + 14 + 694 45,343

Total factors supplying reserve funds 3,796,803 + 13,905 + 940,212 3,801,140

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

Change from week ended

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Week ended

Oct 9, 2013 Oct 2, 2013 Oct 10, 2012

Wednesday

Oct 9, 2013

Currency in circulation15 1,210,629 + 3,367 + 74,088 1,214,080

Reverse repurchase agreements16 98,251 - 15,522 + 11,470 99,085

Foreign official and international accounts 97,065 + 1,097 + 10,284 98,660

Others 1,186 - 16,619 + 1,186 425

Treasury cash holdings 178 + 9 + 49 179

Deposits with F.R. Banks, other than reserve balances 62,363 - 22,471 - 34,876 59,789

Term deposits held by depository institutions 11,662 0 + 8,622 11,662

U.S. Treasury, General Account 28,728 - 9,233 - 37,117 23,393

Foreign official 8,889 + 3 + 3,327 8,877

Other 13,084 - 13,241 - 9,707 15,857

Other liabilities and capital17 65,992 + 492 - 343 65,110

Total factors, other than reserve balances,

absorbing reserve funds 1,437,413 - 34,126 + 50,387 1,438,242

Reserve balances with Federal Reserve Banks 2,359,390 + 48,031 + 889,825 2,362,899

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

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

2. Face value of the securities.

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

4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of

the securities.

5. Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been

amortized. For U.S. Treasury and Federal agency debt securities, amortization is on a straight-line basis. For mortgage-backed securities,

amortization is on an effective-interest basis.

6. Cash value of agreements.

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

8. Refer to table 4 and the note on consolidation accompanying table 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 accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable. Also, includes Reserve Bank

premises and equipment net of allowances for depreciation.

14. Revalued daily at current foreign currency exchange rates.

15. Estimated.

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

17. 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

Memorandum item Week ended Change from week ended

Oct 9, 2013 Oct 2, 2013 Oct 10, 2012

Wednesday

Oct 9, 2013

Securities held in custody for foreign official and international

accounts 3,293,612 + 2,393 + 113,264 3,294,669

Marketable U.S. Treasury securities1 2,936,898 + 1,918 + 128,935 2,937,483

Federal agency debt and mortgage-backed securities2 317,918 - 97 - 16,529 318,200

Other securities3 38,796 + 573 + 858 38,985

Securities lent to dealers 12,910 - 7,270 + 5,401 12,232

Overnight facility4 12,910 - 7,270 + 5,401 12,232

U.S. Treasury securities 11,862 - 7,313 + 4,826 11,094

Federal agency debt securities 1,047 + 42 + 574 1,138

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

1. Includes securities and U.S. Treasury STRIPS at face value, and inflation compensation on TIPS. Does not include securities pledged as collateral

to foreign official and international account holders against reverse repurchase agreements with the Federal Reserve presented in tables 1, 8, and 9.

2. Face value of federal agency securities and current face value of mortgage-backed securities, which is the remaining principal balance of the

securities.

3. Includes non-marketable U.S. Treasury securities, supranationals, corporate bonds, asset-backed securities, and commercial paper at face value.

4. Face value. Fully collateralized by U.S. Treasury securities.

2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, October 9, 2013

Millions of dollars

Remaining Maturity Within 15

days

16 days to

90 days

91 days to

1 year

Over 1 year

to 5 years

Over 5 year

to 10 years

Over 10

years

All

Loans1 47 98 49 52 0 ... 246

U.S. Treasury securities2

Holdings 0 4 385 659,498 887,608 539,246 2,086,741

Weekly changes 0 0 0 + 4 + 6,854 + 2,957 + 9,814

Federal agency debt securities3

Holdings 1,572 3,423 15,651 37,597 62 2,347 60,652

Weekly changes + 1,085 + 479 - 1,564 0 0 0 0

Mortgage-backed securities4

Holdings 0 0 0 2 2,552 1,339,605 1,342,159

Weekly changes 0 0 0 0 + 1 + 25 + 26

Asset-backed securities held by

TALF LLC5 0 0 0 0 0 0 0

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

Central bank liquidity swaps7 27 159 0 0 0 0 186

Reverse repurchase agreements6 99,085 0 ... ... ... ... 99,085

Term deposits 11,662 0 0 ... ... ... 11,662

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. The current face value shown is the remaining principal balance of the securities.

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 Account name Oct 9, 2013

Mortgage-backed securities held outright1 1,342,159

Commitments to buy mortgage-backed securities2 101,421

Commitments to sell mortgage-backed securities2 0

Cash and cash equivalents3 10

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

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

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

4. Information on Principal Accounts of Maiden Lane LLC

Millions of dollars

Wednesday Account name Oct 9, 2013

Net portfolio holdings of Maiden Lane LLC1 1,493

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 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, 2013. 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 9, 2013

Net portfolio holdings of Maiden Lane II LLC1 64

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, 2013. 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 Account name Oct 9, 2013

Net portfolio holdings of Maiden Lane III LLC1 22

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, 2013. 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 9, 2013

Asset-backed securities holdings1 0

Other investments, net 111

Net portfolio holdings of TALF LLC 111

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 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.

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) extended loans with a term of up

to five years to holders of eligible asset-backed securities. The Federal Reserve closed the TALF for new loan extensions in 2010. 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.

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. Prior to January 15, 2013, the U.S. Treasury's Troubled Asset Relief Program

(TARP) committed backup funding to TALF LLC, providing credit protection to the FRBNY. However, the accumulated fees and income collected through the

TALF and held by TALF LLC now exceed the remaining amount of TALF loans outstanding. Accordingly, the TARP credit protection commitment has been

terminated, and TALF LLC has begun to distribute excess proceeds to the Treasury and the FRBNY. 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

Change since

Assets, liabilities, and capital Wednesday Wednesday Eliminations from

consolidation

Wednesday

Oct 9, 2013 Oct 2, 2013 Oct 10, 2012

Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 5,200 0 0

Coin 2,000 - 5 - 174

Securities, unamortized premiums and discounts,

repurchase agreements, and loans 3,686,200 + 9,321 + 958,751

Securities held outright1 3,489,552 + 9,840 + 918,065

U.S. Treasury securities 2,086,741 + 9,814 + 433,004

Bills2 0 0 0

Notes and bonds, nominal2 1,986,161 + 9,787 + 414,302

Notes and bonds, inflation-indexed2 87,209 0 + 15,425

Inflation compensation3 13,372 + 27 + 3,278

Federal agency debt securities2 60,652 0 - 22,094

Mortgage-backed securities4 1,342,159 + 26 + 507,154

Unamortized premiums on securities held outright5 204,039 - 148 + 47,954

Unamortized discounts on securities held outright5 -7,636 - 361 - 5,954

Repurchase agreements6 0 0 0

Loans 246 - 8 - 1,313

Net portfolio holdings of Maiden Lane LLC7 1,493 0 - 239

Net portfolio holdings of Maiden Lane II LLC8 64 0 + 3

Net portfolio holdings of Maiden Lane III LLC9 22 0 - 1

Net portfolio holdings of TALF LLC10 111 - 1 - 742

Items in process of collection (0) 151 + 65 - 50

Bank premises 2,284 + 1 - 61

Central bank liquidity swaps11 186 - 325 - 12,765

Foreign currency denominated assets12 24,237 - 147 - 1,542

Other assets13 25,678 + 2,367 + 3,859

Total assets (0) 3,758,663 + 11,276 + 947,040

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

Change since

Assets, liabilities, and capital Wednesday Wednesday Eliminations from

consolidation

Wednesday

Oct 9, 2013 Oct 2, 2013 Oct 10, 2012

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 1,170,912 + 4,433 + 76,124

Reverse repurchase agreements14 99,085 + 3,700 + 10,750

Deposits (0) 2,422,687 + 2,959 + 861,012

Term deposits held by depository institutions 11,662 0 + 8,622

Other deposits held by depository institutions 2,362,899 + 33,743 + 893,104

U.S. Treasury, General Account 23,393 - 34,140 - 30,059

Foreign official 8,877 + 1 + 3,316

Other (0) 15,857 + 3,357 - 13,971

Deferred availability cash items (0) 869 - 14 - 490

Other liabilities and accrued dividends15 10,234 + 206 - 497

Total liabilities (0) 3,703,787 + 11,283 + 946,899

Capital accounts

Capital paid in 27,438 - 3 + 70

Surplus 27,438 - 3 + 70

Other capital accounts 0 0 0

Total capital 54,876 - 7 + 141

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

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

2. Face value of the securities.

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

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

5. Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been

amortized. For U.S. Treasury and Federal agency debt securities, amortization is on a straight-line basis. For mortgage-backed securities,

amortization is on an effective-interest basis.

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

7. Refer to table 4 and the note on consolidation accompanying table 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. Revalued daily at current foreign currency exchange rates.

13. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.

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.
H.4.1

9. Statement of Condition of Each Federal Reserve Bank, October 9, 2013

Millions of dollars

Kansas San Assets, liabilities, and capital Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco

Assets

Gold certificate account 11,037 391 3,925 397 512 856 1,421 792 310 190 309 728 1,206

Special drawing rights certificate acct. 5,200 196 1,818 210 237 412 654 424 150 90 153 282 574

Coin 2,000 35 89 129 136 341 207 287 28 49 161 188 352

Securities, unamortized premiums and

discounts, repurchase agreements,

and loans 3,686,200 96,385 2,044,114 106,798 94,137 229,201 244,868 199,196 59,334 35,023 69,755 143,144 364,247

Securities held outright1 3,489,552 91,248 1,935,100 101,107 89,120 216,983 231,806 188,563 56,148 33,113 66,018 135,508 344,837

U.S. Treasury securities 2,086,741 54,566 1,157,184 60,462 53,293 129,755 138,619 112,760 33,576 19,802 39,479 81,033 206,212

Bills2 0 0 0 0 0 0 0 0 0 0 0 0 0

Notes and bonds3 2,086,741 54,566 1,157,184 60,462 53,293 129,755 138,619 112,760 33,576 19,802 39,479 81,033 206,212

Federal agency debt securities2 60,652 1,586 33,634 1,757 1,549 3,771 4,029 3,277 976 576 1,147 2,355 5,994

Mortgage-backed securities4 1,342,159 35,096 744,282 38,888 34,277 83,457 89,158 72,526 21,596 12,736 25,392 52,119 132,632

Unamortized premiums on securities 

held outright5 204,039 5,335 113,148 5,912 5,211 12,687 13,554 11,026 3,283 1,936 3,860 7,923 20,163

Unamortized discounts on securities 

held outright5 -7,636 -200 -4,235 -221 -195 -475 -507 -413 -123 -72 -144 -297 -755

Repurchase agreements6 0 0 0 0 0 0 0 0 0 0 0 0 0

Loans 246 1 101 0 1 5 15 20 25 46 21 10 1

Net portfolio holdings of Maiden

Lane LLC7 1,493 0 1,493 0 0 0 0 0 0 0 0 0 0

Net portfolio holdings of Maiden

Lane II LLC8 64 0 64 0 0 0 0 0 0 0 0 0 0

Net portfolio holdings of Maiden

Lane III LLC9 22 0 22 0 0 0 0 0 0 0 0 0 0

Net portfolio holdings of TALF LLC10 111 0 111 0 0 0 0 0 0 0 0 0 0

Items in process of collection 151 0 0 0 0 0 151 0 0 0 0 0 0

Bank premises 2,284 118 427 72 112 228 211 202 127 100 248 233 204

Central bank liquidity swaps11 186 9 59 14 15 39 11 5 2 1 2 3 26

Foreign currency denominated assets12 24,237 1,191 7,751 1,874 1,890 5,089 1,380 691 202 101 245 384 3,437

Other assets13 25,678 709 13,818 750 666 1,775 1,731 1,388 472 307 508 1,038 2,514

Interdistrict settlement account 0 - 24,319 + 237,483 - 27,922 - 16,012 - 18,276 - 49,712 - 54,796 - 16,230 - 14,989 - 24,845 - 33,550 + 43,168

Total assets 3,758,663 74,715 2,311,174 82,323 81,692 219,665 200,922 148,190 44,394 20,872 46,536 112,449 415,730

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 9, 2013 (continued)

Millions of dollars

Kansas San Assets, liabilities, and capital Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco

Liabilities

Federal Reserve notes outstanding 1,476,160 46,444 544,094 44,437 61,752 111,849 181,130 95,186 37,011 23,317 38,801 121,167 170,971

Less: Notes held by F.R. Banks 305,249 12,179 79,103 8,821 9,632 13,531 32,203 23,217 4,575 10,664 12,938 59,143 39,243

Federal Reserve notes, net 1,170,912 34,264 464,991 35,616 52,120 98,319 148,927 71,969 32,436 12,653 25,864 62,024 131,728

Reverse repurchase agreements14 99,085 2,591 54,946 2,871 2,531 6,161 6,582 5,354 1,594 940 1,875 3,848 9,792

Deposits 2,422,687 34,987 1,768,004 39,340 22,372 102,989 40,825 68,848 9,690 6,777 18,038 45,301 265,518

Term deposits held by depository

institutions 11,662 0 8,130 750 0 30 710 1,100 10 77 150 105 600

Other deposits held by depository

institutions 2,362,899 34,983 1,712,076 38,559 22,368 102,719 40,103 67,725 9,680 6,699 17,887 45,194 264,905

U.S. Treasury, General Account 23,393 0 23,393 0 0 0 0 0 0 0 0 0 0

Foreign official 8,877 2 8,850 3 3 8 2 1 0 0 0 1 6

Other 15,857 1 15,556 27 0 232 10 21 0 0 1 1 7

Deferred availability cash items 869 0 0 0 0 0 767 0 0 102 0 0 0

Interest on Federal Reserve notes due

to U.S. Treasury15 1,715 48 964 45 39 91 117 100 28 17 33 69 163

Other liabilities and accrued

dividends16 8,519 229 4,795 274 272 673 502 405 181 150 164 295 579

Total liabilities 3,703,787 72,119 2,293,701 78,145 77,333 208,233 197,721 146,677 43,930 20,639 45,974 111,536 407,779

Capital

Capital paid in 27,438 1,298 8,737 2,089 2,180 5,716 1,600 757 232 116 281 457 3,975

Surplus 27,438 1,298 8,737 2,089 2,180 5,716 1,600 757 232 116 281 457 3,975

Other capital 0 0 0 0 0 0 0 0 0 0 0 0 0

Total liabilities and capital 3,758,663 74,715 2,311,174 82,323 81,692 219,665 200,922 148,190 44,394 20,872 46,536 112,449 415,730

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 9, 2013 (continued)

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

2. Face value of the securities.

3. Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such securities.

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

5. Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt

securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an effective-interest basis.

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

7. Refer to table 4 and the note on consolidation below.

8. 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 7 and the note on consolidation below.

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. Revalued daily at current foreign currency exchange rates.

13. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.

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

15. Represents the estimated weekly remittances to U.S. Treasury as interest on Federal Reserve notes or, in those cases where the Reserve Bank’s net earnings are not sufficient to equate surplus

to capital paid-in, the deferred asset for interest on Federal Reserve notes. The amount of any deferred asset, which is presented as a negative amount in this line, represents the amount of the

Federal Reserve Bank’s earnings that must be retained before remittances to the U.S. Treasury resume. The amounts on this line are calculated in accordance with Board of Governors policy,

which requires the Federal Reserve Banks to remit residual earnings to the U.S. Treasury as interest on Federal Reserve notes after providing for the costs of operations, payment of dividends,

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

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 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 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).
H.4.1

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

Millions of dollars

Wednesday Federal Reserve notes and collateral Oct 9, 2013

Federal Reserve notes outstanding 1,476,160

Less: Notes held by F.R. Banks not subject to collateralization 305,249

Federal Reserve notes to be collateralized 1,170,912

Collateral held against Federal Reserve notes 1,170,912

Gold certificate account 11,037

Special drawing rights certificate account 5,200

U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 1,154,675

Other assets pledged 0

Memo:

Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 3,489,552

Less: Face value of securities under reverse repurchase agreements 88,910

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 3,400,642

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.