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 November 7, 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

Nov 6, 2013 Oct 30, 2013 Nov 7, 2012

Wednesday

Nov 6, 2013

Reserve Bank credit 3,802,905 + 7,585 +1,019,131 3,808,368

Securities held outright1 3,573,291 + 6,900 + 989,439 3,578,326

U.S. Treasury securities 2,120,518 + 7,881 + 470,623 2,125,552

Bills2 0 0 0 0

Notes and bonds, nominal2 2,018,334 + 7,853 + 450,809 2,023,358

Notes and bonds, inflation-indexed2 88,589 0 + 16,645 88,589

Inflation compensation3 13,595 + 28 + 3,169 13,605

Federal agency debt securities2 59,080 0 - 22,822 59,080

Mortgage-backed securities4 1,393,693 - 981 + 541,638 1,393,694

Unamortized premiums on securities held outright5 205,620 + 181 + 45,692 205,680

Unamortized discounts on securities held outright5 -8,495 - 138 - 6,878 -8,689

Repurchase agreements6 0 0 0 0

Loans 188 - 45 - 984 181

Primary credit 6 - 11 - 3 2

Secondary credit 1 + 1 + 1 0

Seasonal credit 82 - 34 + 34 79

Term Asset-Backed Securities Loan Facility7 100 0 - 1,014 100

Other credit extensions 0 0 0 0

Net portfolio holdings of Maiden Lane LLC8 1,515 + 18 - 57 1,516

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 0 - 744 110

Float -475 + 78 + 312 -827

Central bank liquidity swaps12 272 0 - 12,193 272

Other Federal Reserve assets13 30,794 + 592 + 4,542 31,712

Foreign currency denominated assets14 24,119 - 378 - 1,322 24,129

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding15 45,392 + 14 + 690 45,392

Total factors supplying reserve funds 3,888,657 + 7,221 +1,018,499 3,894,129

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

Nov 6, 2013 Oct 30, 2013 Nov 7, 2012

Wednesday

Nov 6, 2013

Currency in circulation15 1,218,863 + 1,637 + 74,405 1,220,698

Reverse repurchase agreements16 112,147 + 631 + 16,060 110,809

Foreign official and international accounts 106,280 - 1,768 + 10,193 104,094

Others 5,867 + 2,399 + 5,867 6,715

Treasury cash holdings 206 + 10 + 59 209

Deposits with F.R. Banks, other than reserve balances 52,743 - 9,694 - 1,349 49,007

Term deposits held by depository institutions 0 0 0 0

U.S. Treasury, General Account 34,358 + 2,552 + 6,356 30,596

Foreign official 8,654 + 1 + 2,753 8,654

Other 9,730 - 12,248 - 10,460 9,758

Other liabilities and capital17 64,111 - 1,033 - 1,317 63,372

Total factors, other than reserve balances,

absorbing reserve funds 1,448,069 - 8,450 + 87,857 1,444,095

Reserve balances with Federal Reserve Banks 2,440,588 + 15,671 + 930,643 2,450,034

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

Nov 6, 2013 Oct 30, 2013 Nov 7, 2012

Wednesday

Nov 6, 2013

Securities held in custody for foreign official and international

accounts 3,331,989 + 15,805 + 138,360 3,321,086

Marketable U.S. Treasury securities1 2,970,512 + 15,305 + 135,920 2,958,167

Federal agency debt and mortgage-backed securities2 320,238 - 168 - 2,258 320,687

Other securities3 41,240 + 669 + 4,699 42,232

Securities lent to dealers 13,414 - 3,440 + 5,680 9,164

Overnight facility4 13,414 - 3,440 + 5,680 9,164

U.S. Treasury securities 12,290 - 3,467 + 5,216 8,214

Federal agency debt securities 1,123 + 26 + 463 950

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, November 6, 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 20 62 63 36 0 ... 181

U.S. Treasury securities2

Holdings 1 4 384 685,280 885,851 554,032 2,125,552

Weekly changes 0 0 0 + 2 + 3,723 + 4,077 + 7,802

Federal agency debt securities3

Holdings 708 3,461 15,211 37,291 62 2,347 59,080

Weekly changes + 708 - 708 0 0 0 0 0

Mortgage-backed securities4

Holdings 0 0 1 3 2,590 1,391,101 1,393,694

Weekly changes 0 0 + 1 0 + 5 + 2 + 7

Asset-backed securities held by

TALF LLC5 0 0 0 0 0 0 0

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

Central bank liquidity swaps7 131 141 0 0 0 0 272

Reverse repurchase agreements6 110,809 0 ... ... ... ... 110,809

Term deposits 0 0 0 ... ... ... 0

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 Nov 6, 2013

Mortgage-backed securities held outright1 1,393,694

Commitments to buy mortgage-backed securities2 85,779

Commitments to sell mortgage-backed securities2 400

Cash and cash equivalents3 27

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 Nov 6, 2013

Net portfolio holdings of Maiden Lane LLC1 1,516

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 September 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 Nov 6, 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 September 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 Nov 6, 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 September 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 Nov 6, 2013

Asset-backed securities holdings1 0

Other investments, net 110

Net portfolio holdings of TALF LLC 110

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

Nov 6, 2013 Oct 30, 2013 Nov 7, 2012

Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 5,200 0 0

Coin 1,971 - 2 - 182

Securities, unamortized premiums and discounts,

repurchase agreements, and loans 3,775,499 + 7,700 +1,030,566

Securities held outright1 3,578,326 + 7,808 + 993,073

U.S. Treasury securities 2,125,552 + 7,802 + 474,263

Bills2 0 0 0

Notes and bonds, nominal2 2,023,358 + 7,774 + 454,470

Notes and bonds, inflation-indexed2 88,589 0 + 16,645

Inflation compensation3 13,605 + 28 + 3,148

Federal agency debt securities2 59,080 0 - 22,822

Mortgage-backed securities4 1,393,694 + 7 + 541,631

Unamortized premiums on securities held outright5 205,680 + 196 + 45,549

Unamortized discounts on securities held outright5 -8,689 - 274 - 7,072

Repurchase agreements6 0 0 0

Loans 181 - 31 - 985

Net portfolio holdings of Maiden Lane LLC7 1,516 + 1 - 56

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 110 - 1 - 745

Items in process of collection (0) 92 - 9 - 37

Bank premises 2,284 - 14 - 59

Central bank liquidity swaps11 272 0 - 12,193

Foreign currency denominated assets12 24,129 - 303 - 1,284

Other assets13 29,428 + 854 + 4,820

Total assets (0) 3,851,623 + 8,227 +1,020,832

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

Nov 6, 2013 Oct 30, 2013 Nov 7, 2012

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 1,177,482 + 1,932 + 72,717

Reverse repurchase agreements14 110,809 - 3,481 + 17,829

Deposits (0) 2,499,041 + 10,125 + 931,836

Term deposits held by depository institutions 0 0 0

Other deposits held by depository institutions 2,450,034 + 15,088 + 938,738

U.S. Treasury, General Account 30,596 - 129 + 6,626

Foreign official 8,654 + 1 + 2,723

Other (0) 9,758 - 4,834 - 16,250

Deferred availability cash items (0) 919 + 214 - 121

Other liabilities and accrued dividends15 8,546 - 534 - 1,448

Total liabilities (0) 3,796,797 + 8,255 +1,020,812

Capital accounts

Capital paid in 27,413 - 14 + 10

Surplus 27,413 - 14 + 10

Other capital accounts 0 0 0

Total capital 54,826 - 29 + 20

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, November 6, 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 1,971 33 86 127 134 339 222 281 29 47 144 180 350

Securities, unamortized premiums and

discounts, repurchase agreements,

and loans 3,775,499 98,721 2,093,668 109,387 96,418 234,752 250,796 204,017 60,760 35,849 71,441 146,614 373,077

Securities held outright1 3,578,326 93,570 1,984,329 103,679 91,387 222,503 237,703 193,360 57,576 33,956 67,698 138,955 353,610

U.S. Treasury securities 2,125,552 55,581 1,178,706 61,586 54,284 132,169 141,198 114,857 34,201 20,170 40,213 82,540 210,047

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

Notes and bonds3 2,125,552 55,581 1,178,706 61,586 54,284 132,169 141,198 114,857 34,201 20,170 40,213 82,540 210,047

Federal agency debt securities2 59,080 1,545 32,762 1,712 1,509 3,674 3,925 3,192 951 561 1,118 2,294 5,838

Mortgage-backed securities4 1,393,694 36,444 772,861 40,381 35,594 86,661 92,581 75,310 22,425 13,225 26,367 54,121 137,725

Unamortized premiums on securities 

held outright5 205,680 5,378 114,058 5,959 5,253 12,789 13,663 11,114 3,309 1,952 3,891 7,987 20,325

Unamortized discounts on securities 

held outright5 -8,689 -227 -4,819 -252 -222 -540 -577 -470 -140 -82 -164 -337 -859

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

Loans 181 0 100 0 0 0 7 12 14 24 16 9 0

Net portfolio holdings of Maiden

Lane LLC7 1,516 0 1,516 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 110 0 110 0 0 0 0 0 0 0 0 0 0

Items in process of collection 92 0 0 0 0 0 91 0 0 0 0 0 0

Bank premises 2,284 120 427 72 111 228 211 203 127 100 248 232 204

Central bank liquidity swaps11 272 13 87 21 21 57 15 8 2 1 3 4 39

Foreign currency denominated assets12 24,129 1,186 7,715 1,866 1,882 5,067 1,374 688 201 101 244 383 3,422

Other assets13 29,428 806 15,887 861 763 2,019 1,977 1,589 542 346 581 1,173 2,883

Interdistrict settlement account 0 - 30,666 + 250,587 - 16,078 - 14,672 - 37,849 - 51,310 - 61,451 - 16,406 - 14,386 - 25,935 - 33,414 + 51,581

Total assets 3,851,623 70,800 2,375,911 96,863 85,406 205,881 205,452 146,551 45,715 22,338 47,187 116,183 433,335

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, November 6, 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 1,444,731 45,895 534,365 43,283 60,240 109,833 175,109 92,061 36,111 22,679 38,057 118,424 168,675

Less: Notes held by F.R. Banks 267,249 11,306 67,833 7,687 7,507 11,802 25,408 19,858 3,673 10,096 11,984 55,569 34,525

Federal Reserve notes, net 1,177,482 34,589 466,532 35,596 52,733 98,031 149,700 72,202 32,438 12,583 26,072 62,855 134,150

Reverse repurchase agreements14 110,809 2,898 61,448 3,211 2,830 6,890 7,361 5,988 1,783 1,051 2,096 4,303 10,950

Deposits 2,499,041 30,544 1,825,875 53,557 25,211 88,834 43,923 66,395 10,847 8,151 18,275 47,787 279,640

Term deposits held by depository

institutions 0 0 0 0 0 0 0 0 0 0 0 0 0

Other deposits held by depository

institutions 2,450,034 30,539 1,777,160 53,531 25,208 88,639 43,912 66,371 10,847 8,151 18,264 47,784 279,628

U.S. Treasury, General Account 30,596 0 30,596 0 0 0 0 0 0 0 0 0 0

Foreign official 8,654 2 8,626 3 3 8 2 1 0 0 0 1 6

Other 9,758 4 9,492 22 0 187 10 23 0 0 11 2 7

Deferred availability cash items 919 0 0 0 0 0 755 0 0 164 0 0 0

Interest on Federal Reserve notes due

to U.S. Treasury15 1,392 60 836 19 13 44 105 85 14 12 26 66 113

Other liabilities and accrued

dividends16 7,154 213 3,709 260 260 649 454 363 170 144 150 265 517

Total liabilities 3,796,797 68,304 2,358,400 92,642 81,046 194,448 202,299 145,034 45,252 22,106 46,620 115,276 425,370

Capital

Capital paid in 27,413 1,248 8,756 2,110 2,180 5,716 1,577 759 232 116 284 453 3,982

Surplus 27,413 1,248 8,756 2,110 2,180 5,716 1,577 759 232 116 284 453 3,982

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

Total liabilities and capital 3,851,623 70,800 2,375,911 96,863 85,406 205,881 205,452 146,551 45,715 22,338 47,187 116,183 433,335

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, November 6, 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 Nov 6, 2013

Federal Reserve notes outstanding 1,444,731

Less: Notes held by F.R. Banks not subject to collateralization 267,249

Federal Reserve notes to be collateralized 1,177,482

Collateral held against Federal Reserve notes 1,177,482

Gold certificate account 11,037

Special drawing rights certificate account 5,200

U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 1,161,245

Other assets pledged 0

Memo:

Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 3,578,326

Less: Face value of securities under reverse repurchase agreements 99,864

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 3,478,463

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.