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 April 11, 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

Apr 10, 2013 Apr 3, 2013 Apr 11, 2012

Wednesday

Apr 10, 2013

Reserve Bank credit 3,205,838 + 15,127 + 361,854 3,210,270

Securities held outright1 2,954,931 + 12,311 + 345,126 2,957,619

U.S. Treasury securities 1,811,564 + 12,324 + 135,030 1,814,482

Bills2 0 0 - 18,423 0

Notes and bonds, nominal2 1,721,093 + 11,645 + 142,043 1,722,664

Notes and bonds, inflation-indexed2 79,278 + 399 + 9,624 80,278

Inflation compensation3 11,192 + 279 + 1,785 11,541

Federal agency debt securities2 72,317 - 106 - 24,161 72,053

Mortgage-backed securities4 1,071,050 + 93 + 234,257 1,071,084

Repurchase agreements5 0 0 0 0

Loans 400 + 8 - 6,657 439

Primary credit 10 + 2 + 7 49

Secondary credit 0 0 0 0

Seasonal credit 8 + 6 0 9

Term Asset-Backed Securities Loan Facility6 382 0 - 6,664 382

Other credit extensions 0 0 0 0

Net portfolio holdings of Maiden Lane LLC7 1,402 0 - 4,043 1,403

Net portfolio holdings of Maiden Lane II LLC8 64 0 + 45 64

Net portfolio holdings of Maiden Lane III LLC9 22 0 - 17,496 22

Net portfolio holdings of TALF LLC10 392 - 7 - 439 392

Float -897 - 221 - 99 -717

Central bank liquidity swaps11 8,751 + 695 - 23,720 8,751

Other Federal Reserve assets12 240,772 + 2,339 + 69,135 242,296

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding13 44,947 + 14 + 540 44,947

Total factors supplying reserve funds 3,267,026 + 15,141 + 362,394 3,271,458

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

Apr 10, 2013 Apr 3, 2013 Apr 11, 2012

Wednesday

Apr 10, 2013

Currency in circulation13 1,178,581 + 832 + 77,625 1,179,756

Reverse repurchase agreements14 94,174 - 5,982 + 4,249 94,280

Foreign official and international accounts 93,271 - 6,848 + 3,346 91,530

Others 903 + 866 + 903 2,750

Treasury cash holdings 216 - 14 + 74 200

Deposits with F.R. Banks, other than reserve balances 82,051 - 23,568 - 6,953 78,083

Term deposits held by depository institutions 3,045 0 - 12 3,045

U.S. Treasury, General Account 58,767 - 17,377 + 13,478 52,487

Foreign official 9,246 + 57 + 9,114 9,380

Service-related 0 0 - 1,930 0

Required clearing balances 0 0 - 1,930 0

Adjustments to compensate for float 0 0 0 0

Other 10,994 - 6,246 - 27,603 13,171

Other liabilities and capital15 68,280 + 1,249 - 5,772 67,778

Total factors, other than reserve balances,

absorbing reserve funds 1,423,302 - 27,482 + 69,222 1,420,097

Reserve balances with Federal Reserve Banks 1,843,724 + 42,623 + 293,172 1,851,361

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

Memorandum item Week ended Change from week ended

Apr 10, 2013 Apr 3, 2013 Apr 11, 2012

Wednesday

Apr 10, 2013

Securities held in custody for foreign official and international

accounts 3,295,803 + 340 + 192,894 3,291,852

Marketable U.S. Treasury securities1 2,956,607 - 233 + 275,545 2,952,862

Federal agency debt and mortgage-backed securities2 301,282 + 661 - 83,702 301,380

Other securities3 37,914 - 89 + 1,051 37,610

Securities lent to dealers 18,878 - 4,892 - 179 17,856

Overnight facility4 18,878 - 4,892 - 179 17,856

U.S. Treasury securities 17,898 - 4,776 - 333 16,975

Federal agency debt securities 979 - 116 + 154 881

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

underlying mortgages.

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, April 10, 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 49 9 0 382 0 ... 439

U.S. Treasury securities2

Holdings 1 6 308 462,043 886,581 465,543 1,814,482

Weekly changes 0 0 0 + 21 + 3,762 + 5,059 + 8,843

Federal agency debt securities3

Holdings 0 2,873 21,837 42,952 2,044 2,347 72,053

Weekly changes - 370 0 0 0 0 0 - 370

Mortgage-backed securities4

Holdings 0 0 1 1 2,599 1,068,482 1,071,084

Weekly changes 0 0 0 0 0 + 109 + 110

Asset-backed securities held by

TALF LLC5 0 0 0 0 0 0 0

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

Central bank liquidity swaps7 1,502 7,249 0 0 0 0 8,751

Reverse repurchase agreements6 94,280 0 ... ... ... ... 94,280

Term deposits 3,045 0 0 ... ... ... 3,045

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 Account name Apr 10, 2013

Mortgage-backed securities held outright1 1,071,084

Commitments to buy mortgage-backed securities2 129,432

Commitments to sell mortgage-backed securities2 5,100

Cash and cash equivalents3 118

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 Apr 10, 2013

Net portfolio holdings of Maiden Lane LLC1 1,403

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 December 31, 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 Account name Apr 10, 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 December 31, 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 Account name Apr 10, 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 December 31, 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 Account name Apr 10, 2013

Asset-backed securities holdings1 0

Other investments, net 392

Net portfolio holdings of TALF LLC 392

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) 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 then by the interest received on investments of TALF LLC. 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

Change since

Assets, liabilities, and capital Wednesday Wednesday Eliminations from

consolidation

Wednesday

Apr 10, 2013 Apr 3, 2013 Apr 11, 2012

Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 5,200 0 0

Coin 2,081 - 16 - 188

Securities, repurchase agreements, and loans 2,958,058 + 8,628 + 336,674

Securities held outright1 2,957,619 + 8,583 + 343,255

U.S. Treasury securities 1,814,482 + 8,843 + 133,389

Bills2 0 0 - 18,423

Notes and bonds, nominal2 1,722,664 + 6,873 + 137,954

Notes and bonds, inflation-indexed2 80,278 + 1,399 + 11,524

Inflation compensation3 11,541 + 572 + 2,335

Federal agency debt securities2 72,053 - 370 - 24,425

Mortgage-backed securities4 1,071,084 + 110 + 234,291

Repurchase agreements5 0 0 0

Loans 439 + 45 - 6,581

Net portfolio holdings of Maiden Lane LLC6 1,403 + 1 - 4,067

Net portfolio holdings of Maiden Lane II LLC7 64 0 + 45

Net portfolio holdings of Maiden Lane III LLC8 22 0 - 17,564

Net portfolio holdings of TALF LLC9 392 - 7 - 439

Items in process of collection (0) 108 - 19 - 58

Bank premises 2,297 0 - 56

Central bank liquidity swaps10 8,751 + 695 - 23,720

Other assets11 239,999 + 3,058 + 69,265

Total assets (0) 3,229,413 + 12,341 + 359,894

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

Apr 10, 2013 Apr 3, 2013 Apr 11, 2012

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 1,137,087 + 144 + 77,245

Reverse repurchase agreements12 94,280 + 113 + 5,391

Deposits (0) 1,929,444 + 11,026 + 283,938

Term deposits held by depository institutions 3,045 0 - 12

Other deposits held by depository institutions 1,851,361 + 13,531 + 282,561

U.S. Treasury, General Account 52,487 - 7,573 + 16,963

Foreign official 9,380 + 194 + 9,253

Other (0) 13,171 + 4,873 - 24,826

Deferred availability cash items (0) 825 - 54 - 281

Other liabilities and accrued dividends13 12,639 + 1,106 - 7,096

Total liabilities (0) 3,174,274 + 12,334 + 359,196

Capital accounts

Capital paid in 27,570 + 4 + 350

Surplus 27,570 + 4 + 350

Other capital accounts 0 0 0

Total capital 55,139 + 7 + 698

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, April 10, 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 11,037 408 3,824 437 515 890 1,337 839 313 192 315 725 1,242

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

Coin 2,081 39 106 136 152 372 187 308 27 53 163 190 348

Securities, repurchase agreements,

and loans 2,958,058 71,836 1,658,584 97,772 75,196 210,498 178,324 164,083 46,240 26,933 59,424 114,919 254,250

Securities held outright1 2,957,619 71,835 1,658,202 97,772 75,196 210,498 178,324 164,076 46,240 26,887 59,420 114,919 254,250

U.S. Treasury securities 1,814,482 44,070 1,017,298 59,983 46,132 129,139 109,401 100,660 28,368 16,495 36,454 70,502 155,981

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

Notes and bonds3 1,814,482 44,070 1,017,298 59,983 46,132 129,139 109,401 100,660 28,368 16,495 36,454 70,502 155,981

Federal agency debt securities2 72,053 1,750 40,397 2,382 1,832 5,128 4,344 3,997 1,126 655 1,448 2,800 6,194

Mortgage-backed securities4 1,071,084 26,015 600,508 35,408 27,232 76,231 64,579 59,419 16,745 9,737 21,519 41,617 92,075

Repurchase agreements5 0 0 0 0 0 0 0 0 0 0 0 0 0

Loans 439 1 382 0 0 0 0 7 0 46 4 0 0

Net portfolio holdings of Maiden

Lane LLC6 1,403 0 1,403 0 0 0 0 0 0 0 0 0 0

Net portfolio holdings of Maiden

Lane II LLC7 64 0 64 0 0 0 0 0 0 0 0 0 0

Net portfolio holdings of Maiden

Lane III LLC8 22 0 22 0 0 0 0 0 0 0 0 0 0

Net portfolio holdings of TALF LLC9 392 0 392 0 0 0 0 0 0 0 0 0 0

Items in process of collection 108 0 0 0 0 0 107 0 0 1 0 0 0

Bank premises 2,297 118 427 71 114 229 213 201 129 102 251 236 207

Central bank liquidity swaps10 8,751 430 2,797 677 683 1,838 499 250 73 37 89 139 1,241

Other assets11 239,999 6,452 128,459 8,982 7,352 20,515 14,435 12,675 3,622 2,123 4,606 8,843 21,935

Interdistrict settlement account 0 - 8,525 + 32,691 - 20,841 - 4,650 - 33,589 + 12,243 - 22,272 - 517 - 2,008 - 11,645 - 17,858 + 76,971

Total assets 3,229,413 70,953 1,830,589 87,445 79,598 201,164 207,997 156,507 50,037 27,523 53,355 107,476 356,769

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, April 10, 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 1,405,966 46,830 529,981 46,560 60,970 102,586 173,853 94,831 36,728 23,499 37,460 97,894 154,773

Less: Notes held by F.R. Banks 268,879 11,418 95,980 4,132 8,678 10,702 31,185 14,684 3,397 7,326 10,351 45,616 25,408

Federal Reserve notes, net 1,137,087 35,412 434,000 42,428 52,292 91,884 142,669 80,146 33,331 16,172 27,109 52,279 129,365

Reverse repurchase agreements12 94,280 2,290 52,858 3,117 2,397 6,710 5,684 5,230 1,474 857 1,894 3,663 8,105

Deposits 1,929,444 30,396 1,318,188 37,265 20,328 90,102 55,167 68,993 14,553 9,988 23,566 50,216 210,682

Term deposits held by depository

institutions 3,045 10 1,762 0 0 40 388 5 0 100 205 5 530

Other deposits held by depository

institutions 1,851,361 30,384 1,241,697 37,226 20,324 89,854 54,769 68,961 14,552 9,888 23,359 50,210 210,137

U.S. Treasury, General Account 52,487 0 52,487 0 0 0 0 0 0 0 0 0 0

Foreign official 9,380 2 9,353 3 3 8 2 1 0 0 0 1 6

Other 13,171 0 12,889 36 0 200 8 26 0 0 1 1 9

Deferred availability cash items 825 0 0 0 0 0 725 0 0 100 0 0 0

Interest on Federal Reserve notes due

to U.S. Treasury13 1,299 19 878 17 3 15 76 87 21 12 29 59 81

Other liabilities and accrued

dividends14 11,340 251 7,143 328 299 786 535 475 195 160 194 341 632

Total liabilities 3,174,274 68,367 1,813,068 83,155 75,319 189,498 204,856 154,932 49,574 27,289 52,792 106,559 348,865

Capital

Capital paid in 27,570 1,293 8,761 2,145 2,140 5,833 1,571 787 232 117 281 459 3,952

Surplus 27,570 1,293 8,761 2,145 2,140 5,833 1,571 787 232 117 281 459 3,952

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

Total liabilities and capital 3,229,413 70,953 1,830,589 87,445 79,598 201,164 207,997 156,507 50,037 27,523 53,355 107,476 356,769

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, April 10, 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. 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. 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. 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.

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 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 Apr 10, 2013

Federal Reserve notes outstanding 1,405,966

Less: Notes held by F.R. Banks not subject to collateralization 268,879

Federal Reserve notes to be collateralized 1,137,087

Collateral held against Federal Reserve notes 1,137,087

Gold certificate account 11,037

Special drawing rights certificate account 5,200

U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 1,120,850

Other assets pledged 0

Memo:

Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 2,957,619

Less: Face value of securities under reverse repurchase agreements 81,474

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 2,876,145

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.