FEDERAL RESERVE statistical release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                           January 14, 2010
1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and                            Averages of daily figures
reserve balances of depository institutions at            Week ended   Change from week ended     Wednesday
Federal Reserve Banks                                    Jan 13, 2010  Jan 6, 2010 Jan 14, 2009 Jan 13, 2010

Reserve Bank credit                                       2,225,705   +    9,339   +  170,406    2,273,707
  Securities held outright (1)                            1,856,314   +   11,361   +1,358,825    1,906,022       
    U.S. Treasury securities                                776,600   +        9   +  301,011      776,603
      Bills (2)                                              18,423            0            0       18,423
      Notes and bonds, nominal (2)                          707,649            0   +  297,158      707,649
      Notes and bonds, inflation-indexed (2)                 44,643            0   +    3,572       44,643
      Inflation compensation (3)                              5,886   +        9   +      282        5,889
    Federal agency debt securities (2)                      160,693   +      814   +  140,335      160,829
    Mortgage-backed securities (4)                          919,021   +   10,538   +  917,479      968,590
  Repurchase agreements (5)                                       0            0   -   57,143            0
  Term auction credit                                        75,918            0   -  295,469       75,918  
  Other loans                                                87,995   -    2,132   -   72,728       85,760
    Primary credit                                           17,500   -    1,953   -   51,601       15,936
    Secondary credit                                            966   +       12   +      925          981
    Seasonal credit                                               1   -       20   +        1            0
    Primary dealer and other broker-dealer credit (6)             0            0   -   33,690            0
    Asset-Backed Commercial Paper Money Market
      Mutual Fund Liquidity Facility                              0            0   -   18,767            0
    Credit extended to American International
      Group, Inc., net (7)                                   22,210   +       44   -   16,914       22,252
    Term Asset-Backed Securities Loan Facility, net (8)      47,319   -      213   +   47,319       46,591
    Other credit extensions                                       0            0            0            0
  Net portfolio holdings of Commercial Paper 
    Funding Facility LLC (9)                                 14,081   +       14   -  320,501       14,092
  Net portfolio holdings of Maiden Lane LLC (10)             26,737   +       31   -      333       26,742
  Net portfolio holdings of Maiden Lane II LLC (11)          15,403   -      257   -    4,392       15,404
  Net portfolio holdings of Maiden Lane III LLC (12)         22,350   -      324   -    4,539       22,401
  Net portfolio holdings of TALF LLC (13)                       298            0   +      298          298
  Preferred interests in AIA Aurora LLC and ALICO
    Holdings LLC (14)                                        25,106            0   +   25,106       25,106
  Float                                                      -2,043   +      239   -      651       -2,551
  Central bank liquidity swaps (15)                           8,196   -    2,076   -  510,032        5,895
  Other Federal Reserve assets (16)                          95,352   +    2,484   +   51,967       98,621
Gold stock                                                   11,041            0            0       11,041
Special drawing rights certificate account                    5,200            0   +    3,000        5,200
Treasury currency outstanding (17)                           42,747   +       14   +    1,779       42,747
       
Total factors supplying reserve funds                     2,284,693   +    9,353   +  175,185    2,332,695

Note: Components may not sum to totals because of rounding.  Footnotes appear at the end of the table.


1. Factors Affecting Reserve Balances of Depository Institutions (continued)
Millions of dollars
Reserve Bank credit, related items, and                            Averages of daily figures
reserve balances of depository institutions at            Week ended   Change from week ended     Wednesday
Federal Reserve Banks                                    Jan 13, 2010  Jan 6, 2010 Jan 14, 2009 Jan 13, 2010

Currency in circulation (17)                                920,486   -    6,820   +   37,159      919,620
Reverse repurchase agreements (18)                           62,790   -   12,311   -   18,907       64,366
  Foreign official and international accounts                62,790   -   12,311   -   18,907       64,366
  Dealers                                                         0            0            0            0
Treasury cash holdings                                          253   +       12   -       15          254
Deposits with F.R. Banks, other than reserve balances       174,913   -   40,198   -   72,177      144,009       
  U.S. Treasury, general account                            136,382   -   41,961   +   99,556      124,175
  U.S. Treasury, supplementary financing account              5,001            0   -  194,685        5,001
  Foreign official                                            3,111   +      499   +    2,886        2,884
  Service-related                                             3,022   +        1   -    1,368        3,022
    Required clearing balances                                3,021            0   -    1,369        3,021
    Adjustments to compensate for float                           0            0            0            0
  Other                                                      27,397   +    1,263   +   21,435        8,927
Other liabilities and capital (19)                           67,017   +    3,549   +   17,490       72,244

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                1,225,460   -   55,767   -   36,449    1,200,492

Reserve balances with Federal Reserve Banks               1,059,233   +   65,120   +  211,635    1,132,203
                                                                
Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight and term securities lending facilities; 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 through the Primary Dealer Credit Facility and credit extended to certain
   other broker-dealers.
7. Includes outstanding principal and capitalized interest net of unamortized deferred commitment fees and 
   allowance for loan restructuring.  Excludes credit extended to consolidated LLCs.
8. Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the Term 
   Asset-Backed Securities Loan Facility, net of unamortized deferred administrative fees.
9. Refer to table 7 and the note on consolidation accompanying table 11.
10. Refer to table 4 and the note on consolidation accompanying table 11.
11. Refer to table 5 and the note on consolidation accompanying table 11.
12. Refer to table 6 and the note on consolidation accompanying table 11.
13. Refer to table 8 and the note on consolidation accompanying table 11.
14. Refer to table 9.
15. 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.
16. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates,
    and accrued dividends on the Federal Reserve Bank of New York's preferred interests in AIA Aurora LLC and 
    ALICO Holdings LLC.
17. Estimated.
18. Cash value of agreements, which are collateralized by U.S. Treasury securities and federal agency debt 
    securities.
19. Includes the liabilities of Commercial Paper Funding Facility LLC, 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 8 and the note on consolidation accompanying table 11.

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.


1A. Memorandum Items 
Millions of dollars
                                                                   Averages of daily figures
Memorandum item                                           Week ended   Change from week ended     Wednesday
                                                         Jan 13, 2010  Jan 6, 2010 Jan 14, 2009 Jan 13, 2010

Marketable securities held in custody for foreign
      official and international accounts (1)             2,950,757   -   10,886   +  422,774    2,949,181
  U.S. Treasury securities                                2,183,777   -   11,467   +  468,643    2,181,839
  Federal agency securities (2)                             766,981   +      582   -   45,868      767,342
Securities lent to dealers                                    9,694   -    7,900   -  131,075        7,800   
  Overnight facility (3)                                      9,694   -    7,900   +    1,804        7,800
    U.S. Treasury securities                                  9,182   -    7,444   +    1,292        7,312
    Federal agency debt securities                              512   -      456   +      512          488
  Term facility (4)                                               0            0   -  132,879            0

Note: Components may not sum to totals because of rounding.

1. Face value of the securities.  Includes U.S. Treasury STRIPS, other zero-coupon bonds, and mortgage-backed 
   securities at face value.
2. Includes debt and mortgage-backed securities.
3. Fully collateralized by U.S. Treasury securities.
4. U.S. Treasury securities only. Fully collateralized by U.S. Treasury securities, federal agency securities, and other highly rated debt securities. 






2. Maturity Distribution of Term Auction Credit, Other Loans, and Securities,   January 13, 2010
Millions of dollars

Remaining maturity                 Within 15  16 days to  91 days to  Over 1 year  Over 5 years  Over 10       All
                                      days     90 days      1 year     to 5 years   to 10 years   years 
Term auction credit                   75,918           0         ---          ---           ---        ---      75,918
Other loans (1)                       16,448         469            0      68,843             0        ---      85,760
U.S. Treasury securities (2) 
  Holdings                            19,266      21,204       50,773     326,878       213,723    144,759     776,603
  Weekly changes                  +    3,867  -    3,867   +        1  +        2    +        2 +        3  +        8
Federal agency debt securities (3) 
  Holdings                                68       3,131       22,572      98,273        34,438      2,347     160,829
  Weekly changes                           0  +       85   +    1,044  -    1,129    +      650 +      300  +      950
Mortgage-backed securities (4)    
  Holdings                                 0           0            0           0             0    968,590     968,590
  Weekly changes                           0           0            0           0             0 +   59,853  +   59,853
Commercial paper held by
  Commercial Paper Funding 
  Facility LLC (5)                     8,463         977            0         ---           ---        ---       9,440
Asset-backed securities held by
  TALF LLC (6)                             0           0            0           0             0          0           0
Repurchase agreements (7)                  0           0          ---         ---           ---        ---           0
Central bank liquidity swaps (8)       5,895           0            0           0             0          0       5,895

Reverse repurchase agreements (7)     64,366           0          ---         ---           ---        ---      64,366
  
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 Commercial Paper Funding Facility LLC, 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 commercial paper held by Commercial Paper Funding Facility LLC.
6. Face value of asset-backed securities held by TALF LLC, which is the remaining principal balance of the underlying assets.
7. Cash value of agreements.
8. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign 
   currency is returned to the foreign central bank.  This exchange rate equals the market exchange rate used when the 
   foreign currency was acquired from the foreign central bank.


3. Supplemental Information on Mortgage-Backed Securities Purchase Program
Millions of dollars
                                                                                                  Wednesday
Account name                                                                                    Jan 13, 2010

Mortgage-backed securities held outright (1)                                                       968,590

Commitments to buy mortgage-backed securities (2)                                                  120,640
Commitments to sell mortgage-backed securities (2)                                                       0

Cash and cash equivalents (3)                                                                        1,884

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 as well as dollar rolls.
3. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 10 and table 11.


4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
                                                                                                  Wednesday
Account name                                                                                    Jan 13, 2010
         
Net portfolio holdings of Maiden Lane LLC (1)                                                       26,742

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)           28,820
Accrued interest payable to the Federal Reserve Bank of New York (2)                                   418
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)        1,250
 
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, 2009.  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 11.
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 10 and table 11.

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                                                                                     Jan 13, 2010

Net portfolio holdings of Maiden Lane II LLC (1)                                                     15,404

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            15,479
Accrued interest payable to the Federal Reserve Bank of New York (2)                                    273
Deferred payment and accrued interest payable to subsidiaries of American International 
  Group, Inc. (3)                                                                                     1,038

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, 2009.  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 11.
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 10 and table 11.

Note:  On December 12, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden 
Lane II LLC under the authority of section 13(3) of the Federal Reserve Act.  This limited liability company 
was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment 
portfolio of subsidiaries of American International Group, Inc. (AIG subsidiaries).  Payments by Maiden 
Lane II LLC from the proceeds of the net portfolio holdings will be made in the following order:  operating 
expenses of Maiden Lane II LLC, principal due to the FRBNY, interest due to the FRBNY, and deferred payment 
and interest due to AIG subsidiaries.  Any remaining funds will be shared by the FRBNY and AIG subsidiaries.


6. Information on Principal Accounts of Maiden Lane III LLC
Millions of dollars
                                                                                                   Wednesday
Account name                                                                                     Jan 13, 2010

Net portfolio holdings of Maiden Lane III LLC (1)                                                    22,401

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            17,743
Accrued interest payable to the Federal Reserve Bank of New York (2)                                    349
Outstanding principal amount and accrued interest on loan payable to American International
  Group, Inc. (3)                                                                                     5,199

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, 2009.  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 11.
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 10 and table 11.

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 Commercial Paper Funding Facility LLC
Millions of dollars
                                                                                                   Wednesday
Account name                                                                                     Jan 13, 2010

Commercial paper holdings, net (1)                                                                    9,279
Other investments, net                                                                                4,814
Net portfolio holdings of Commercial Paper Funding Facility LLC                                      14,092

Memorandum: Commercial paper holdings, face value                                                     9,440

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)             9,374
Accrued interest payable to the Federal Reserve Bank of New York (2)                                      5

1. Book value, which includes amortized cost and related fees.
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 11.

Note: On October 27, 2008, the Federal Reserve Bank of New York began extending loans under the authority of 
section 13(3) of the Federal Reserve Act to Commercial Paper Funding Facility LLC.  This LLC is a limited 
liability company formed to purchase three-month U.S. dollar-denominated commercial paper from eligible issuers 
and thereby foster liquidity in short-term funding markets and increase the availability of credit for 
businesses and households.


8. Information on Principal Accounts of TALF LLC
Millions of dollars
                                                                                                   Wednesday
Account name                                                                                     Jan 13, 2010

Asset-backed securities holdings (1)                                                                      0
Other investments, net                                                                                  298
Net portfolio holdings of TALF LLC                                                                      298

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                 0
Accrued interest payable to the Federal Reserve Bank of New York (2)                                      0
Funding provided by U.S. Treasury to TALF LLC, including accrued interest payable (3)                   103

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 11.
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 10 and table 11.

Note:  On November 25, 2008, the Federal Reserve announced the creation of the Term Asset-Backed Securities Loan
Facility (TALF) under the authority of section 13(3) of the Federal Reserve Act.  The TALF is a facility under 
which the Federal Reserve Bank of New York (FRBNY) extends loans with a term of up to five years to holders of 
eligible asset-backed securities.  The TALF is intended to assist financial markets in accommodating the credit 
needs of consumers and businesses by facilitating the issuance of asset-backed securities collateralized by a 
variety of consumer and business loans. The loans provided through the TALF to eligible borrowers are non-recourse, 
meaning that the obligation of the borrower can be discharged by surrendering the collateral to the FRBNY.  The 
loans are extended for the market value of the security less an amount known as a haircut.  As a result, the 
borrower bears the initial risk of a decline in the value of the security. 

TALF LLC is a limited liability company formed to purchase and manage any asset-backed securities received by
the FRBNY in connection with the decision of a borrower not to repay a TALF loan. TALF LLC has committed, for a 
fee, to purchase all asset-backed securities received by the FRBNY in conjunction with a TALF loan at a price 
equal to the TALF loan plus accrued but unpaid interest.  Losses on asset-backed securities held by TALF LLC 
will be offset in the following order: by the commitment fees collected by TALF LLC, by the interest received on 
investments of TALF LLC, by up to $20 billion in subordinated debt funding provided by the U.S. Treasury, and 
finally, by senior debt funding provided by the FRBNY.  Payments by TALF LLC from the proceeds of its net portfolio 
holdings will be made in the following order: operating expenses of TALF LLC, principal due to the FRBNY, principal 
due to the U.S. Treasury, interest due to the FRBNY, and interest due to the U.S. Treasury.  Any remaining funds 
will be shared by the FRBNY and the U.S. Treasury.


9.  Supplemental Information on the Federal Reserve Bank of New York's Preferred Interests in AIA Aurora LLC and 
    ALICO Holdings LLC
Millions of dollars
                                                                                                   Wednesday
Account name                                                                                     Jan 13, 2010

Preferred interests in AIA Aurora LLC and ALICO Holdings LLC (1)                                     25,106
Accrued dividends on preferred interests in AIA Aurora LLC and ALICO Holdings LLC (2)                    45

Preferred interests in AIA Aurora LLC (1)                                                            16,068
Accrued dividends on preferred interests in AIA Aurora LLC (2)                                           29

Preferred interests in ALICO Holdings LLC (1)                                                         9,038
Accrued dividends on preferred interests in ALICO Holdings LLC (2)                                       16

Note:  Components may not sum to totals because of rounding.

1. Book value.
2. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 10 and table 11.

Note on preferred interests:  

In conjunction with the restructuring of the government's assistance to American 
International Group, Inc. (AIG) announced March 2, 2009, the outstanding balance and amount available of revolving 
credit provided to AIG by the FRBNY has been reduced in exchange for preferred interests in two special purpose 
vehicles, AIA Aurora LLC and ALICO Holdings LLC.  These two limited liability companies were created to directly or 
indirectly hold all of the outstanding common stock of American International Assurance Company Ltd. (AIA) and 
American Life Insurance Company (ALICO), two life insurance subsidiaries of AIG.  AIG will retain control of AIA 
Aurora LLC and ALICO Holdings LLC, and the FRBNY will have certain consent, disposition, and conversion rights with 
respect to its preferred interests.

Dividends accrue as a percentage of the FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC.  On a 
quarterly basis, the accrued dividends are capitalized and added to the FRBNY's preferred interests in AIA Aurora LLC 
and ALICO Holdings LLC.


10. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
                                                 Eliminations                          Change since
                                                     from       Wednesday        Wednesday        Wednesday
Assets, liabilities, and capital                consolidation Jan 13, 2010      Jan 6, 2010     Jan 14, 2009

Assets
Gold certificate account                                           11,037                0                0
Special drawing rights certificate account                          5,200                0       +    3,000
Coin                                                                2,098       +       34       +      354
Securities, repurchase agreements, term auction
      credit, and other loans                                   2,067,699       +   56,750       +  995,850
  Securities held outright (1)                                  1,906,022       +   60,811       +1,400,716
    U.S. Treasury securities                                      776,603       +        8       +  301,088       
      Bills (2)                                                    18,423                0                0
      Notes and bonds, nominal (2)                                707,649                0       +  297,158
      Notes and bonds, inflation-indexed (2)                       44,643                0       +    3,572
      Inflation compensation (3)                                    5,889       +        8       +      360
    Federal agency debt securities (2)                            160,829       +      950       +  136,671
    Mortgage-backed securities (4)                                968,590       +   59,853       +  962,956
  Repurchase agreements (5)                                             0                0       -   40,000    
  Term auction credit                                              75,918                0       -  295,379
  Other loans                                                      85,760       -    4,061       -   69,485
Net portfolio holdings of Commercial Paper 
  Funding Facility LLC (6)                                         14,092       +       16       -  320,613
Net portfolio holdings of Maiden Lane LLC (7)                      26,742       +        6       -      380
Net portfolio holdings of Maiden Lane II LLC (8)                   15,404       -      258       -    4,396
Net portfolio holdings of 
  Maiden Lane III LLC (9)                                          22,401       -      356       -    4,541
Net portfolio holdings of TALF LLC (10)                               298                0       +      298
Preferred interests in AIA Aurora LLC and 
  ALICO Holdings LLC (11)                                          25,106                0       +   25,106
Items in process of collection                         (389)          328       -      394       -      944
Bank premises                                                       2,242       +        2       +       59
Central bank liquidity swaps (12)                                   5,895       -    4,377       -  504,619
Other assets (13)                                                  96,400       +    5,020       +   54,583
     
      Total assets                                     (389)    2,294,942       +   56,443       +  243,757

Note: Components may not sum to totals because of rounding.  Footnotes appear at the end of the table.


10. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
                                                 Eliminations                          Change since
                                                     from       Wednesday        Wednesday        Wednesday
Assets, liabilities, and capital                consolidation Jan 13, 2010      Jan 6, 2010     Jan 14, 2009
                         
Liabilities
Federal Reserve notes, net of F.R. Bank holdings                  879,220       -    5,229       +   35,148
Reverse repurchase agreements (14)                                 64,366       -    3,206       -   14,470
Deposits                                                 (0)    1,276,233       +   57,569       +  200,255       
  Depository institutions                                       1,135,245       +  110,747       +  307,736
  U.S. Treasury, general account                                  124,175       -   42,380       +   93,002
  U.S. Treasury, supplementary financing account                    5,001                0       -  194,685
  Foreign official                                                  2,884       -      265       +    2,673
  Other                                                  (0)        8,927       -   10,534       -    8,472
Deferred availability cash items                       (389)        2,879       -      854       +       21
Other liabilities and accrued dividends (15)                       19,920       +    7,987       +   12,879

      Total liabilities                                (389)    2,242,618       +   56,267       +  233,833
                          
Capital accounts
Capital paid in                                                    25,652       +        1       +    4,570
Surplus                                                            25,296       +      130       +    4,385
Other capital accounts                                              1,375       +       45       +      969

      Total capital                                                52,324       +      176       +    9,924

Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight and term securities lending facilities; 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 7 and the note on consolidation accompanying table 11.
7. Refer to table 4 and the note on consolidation accompanying table 11.
8. Refer to table 5 and the note on consolidation accompanying table 11.
9. Refer to table 6 and the note on consolidation accompanying table 11.
10. Refer to table 8 and the note on consolidation accompanying table 11.
11. Refer to table 9.
12. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when 
    the foreign currency is returned to the foreign central bank.  This exchange rate equals the market 
    exchange rate used when the foreign currency was acquired from the foreign central bank. 
13. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates,
    and accrued dividends on the Federal Reserve Bank of New York's preferred interests in AIA Aurora LLC and 
    ALICO Holdings LLC.
14. Cash value of agreements, which are collateralized by U.S. Treasury securities and federal agency debt 
    securities.
15. Includes the liabilities of Commercial Paper Funding Facility LLC, 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 8 and the note on consolidation accompanying table 11. 


11. Statement of Condition of Each Federal Reserve Bank,   January 13, 2010
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        412      3,895        450        467        882      1,356        911        329        197        335        621      1,182
Special drawing rights certificate acct.       5,200        196      1,818        210        237        412        654        424        150         90        153        282        574
Coin                                           2,098         65         81        169        158        299        219        309         34         64        143        221        336
Securities, repurchase agreements, term
      auction credit, and other loans      2,067,699     40,727    887,982     31,333     76,055     69,771    230,106    208,538     75,273     31,779     86,978     92,563    236,595
  Securities held outright (1)             1,906,022     36,563    745,017     29,570     75,303     68,687    229,649    206,252     74,671     31,555     86,036     92,159    230,559
    U.S. Treasury securities                 776,603     14,898    303,555     12,048     30,682     27,986     93,570     84,037     30,424     12,857     35,055     37,550     93,940
      Bills (2)                               18,423        353      7,201        286        728        664      2,220      1,994        722        305        832        891      2,228
      Notes and bonds (3)                    758,180     14,544    296,354     11,762     29,954     27,323     91,350     82,043     29,703     12,552     34,224     36,659     91,712
    Federal agency debt securities (2)       160,829      3,085     62,864      2,495      6,354      5,796     19,378     17,403      6,301      2,663      7,260      7,776     19,454
    Mortgage-backed securities (4)           968,590     18,581    378,598     15,027     38,267     34,905    116,702    104,812     37,946     16,035     43,721     46,833    117,164
  Repurchase agreements (5)                        0          0          0          0          0          0          0          0          0          0          0          0          0
  Term auction credit                         75,918      4,052     58,254      1,613        751        995        363      1,934        593        214        941        390      5,818     
  Other loans                                 85,760        111     84,712        149          0         89         94        352          9         11          1         15        218
Net portfolio holdings of Commercial
  Paper Funding Facility LLC (6)              14,092          0     14,092          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of Maiden Lane 
  LLC (7)                                     26,742          0     26,742          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of Maiden
  Lane II LLC (8)                             15,404          0     15,404          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of Maiden
  Lane III LLC (9)                            22,401          0     22,401          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of TALF LLC (10)          298          0        298          0          0          0          0          0          0          0          0          0          0
Preferred interests in AIA Aurora LLC
  and ALICO Holdings LLC (11)                 25,106          0     25,106          0          0          0          0          0          0          0          0          0          0
Items in process of collection                   717         16          0         92        213          7        116         15         26         44         32        101         53
Bank premises                                  2,242        121        262         71        144        238        221        205        135        111        268        253        213
Central bank liquidity swaps (12)              5,895        236      1,568        648        434      1,673        451        197         59         91         58         76        405
Other assets (13)                             96,400      2,418     34,412      3,952      4,684      9,995     10,444      8,427      3,027      1,588      3,431      3,749     10,274
Interdistrict settlement account                   0  +   3,967  + 146,268  +  38,327  -  25,512  + 187,884  -  90,073  -  99,095  -  36,526  -  10,277  -  40,986  -  28,155  -  45,822

      Total assets                         2,295,331     48,157  1,180,330     75,251     56,880    271,160    153,495    119,929     42,507     23,688     50,412     69,712    203,810

Note: Components may not sum to totals because of rounding.  Footnotes appear at the end of the table.


11. Statement of Condition of Each Federal Reserve Bank,   January 13, 2010 (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           1,081,853     35,771    397,959     38,483     44,800     82,488    136,490     85,504     32,839     19,339     28,850     62,861    116,468
  Less: Notes held by F.R. Banks              202,633      4,349     73,045      5,838      8,176     11,007     33,735     13,036      4,481      2,796      3,577     14,189     28,406
    Federal Reserve notes, net                879,220     31,422    324,914     32,645     36,624     71,481    102,756     72,468     28,358     16,544     25,273     48,672     88,063
Reverse repurchase agreements (14)             64,366      1,235     25,159        999      2,543      2,320      7,755      6,965      2,522      1,066      2,905      3,112      7,786
Deposits                                    1,276,233     13,206    803,363     35,640     12,338    182,414     37,736     37,511     10,465      4,036     21,003     16,178    102,343
  Depository institutions                   1,135,245     13,188    662,611     35,634     12,334    182,257     37,733     37,478     10,462      4,035     21,001     16,176    102,337
  U.S. Treasury, general account              124,175          0    124,175          0          0          0          0          0          0          0          0          0          0
  U.S. Treasury, supplementary
    financing account                           5,001          0      5,001          0          0          0          0          0          0          0          0          0          0
  Foreign official                              2,884          2      2,855          4          3         11          3          1          0          1          0          1          3
  Other                                         8,927         17      8,721          2          1        145          0         32          3          0          1          2          3
Deferred availability cash items                3,269         63          0        283        893         80        324        195         74        332        169        311        545
Other liabilities and accrued                 
  dividends (15)                               19,920        309     11,411        290        573        732      1,592      1,405        554        264        584        670      1,536
   
      Total liabilities                     2,243,008     46,235  1,164,847     69,857     52,971    257,027    150,163    118,544     41,973     22,241     49,934     68,943    200,273
                              
Capital                    
Capital paid in                                25,652        944      7,442      2,802      1,921      7,140      1,581        619        240        712        210        353      1,687
Surplus                                        25,296        944      7,454      2,592      1,910      6,993      1,581        619        240        712        210        353      1,687
Other capital                                   1,375         33        587          0         77          0        170        147         53         23         59         63        162

      Total liabilities and capital         2,295,331     48,157  1,180,330     75,251     56,880    271,160    153,495    119,929     42,507     23,688     50,412     69,712    203,810
                              
Note: Components may not sum to totals because of rounding.  Footnotes appear at the end of the table.


11. Statement of Condition of Each Federal Reserve Bank,   January 13, 2010 (continued)

1. Includes securities lent to dealers under the overnight and term securities lending facilities; 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 7 and the note on consolidation below.
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 8 and the note on consolidation below.
11. Refer to table 9.
12. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank.  This 
    exchange rate equals the market exchange rate used when the foreign currency was acquired from the foreign central bank.
13. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates, and accrued dividends on the Federal Reserve Bank of New York's 
    preferred interests in AIA Aurora LLC and ALICO Holdings LLC.
14. Cash value of agreements, which are collateralized by U.S. Treasury securities and federal agency debt securities.
15. Includes the liabilities of Commercial Paper Funding Facility LLC, 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 8 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 October 27, 2008, the FRBNY began extending loans to Commercial Paper Funding 
Facility LLC, which was formed to purchase three-month U.S. dollar-denominated commercial paper from eligible issuers. 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 sole beneficiary of Commercial Paper Funding Facility LLC.  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 10), 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 10).


12. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars

Federal Reserve notes and collateral                                                              Wednesday
                                                                                                Jan 13, 2010
              
Federal Reserve notes outstanding                                                                1,081,853
  Less: Notes held by F.R. Banks not subject to collateralization                                  202,633
    Federal Reserve notes to be collateralized                                                     879,220 
Collateral held against Federal Reserve notes                                                      879,220
  Gold certificate account                                                                          11,037
  Special drawing rights certificate account                                                         5,200
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                         862,983
  Other assets pledged                                                                                   0

Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                           1,906,022
  Less: Face value of securities under reverse repurchase agreements                                63,918
    U.S. Treasury, agency debt, and mortgage-backed securities
    eligible to be pledged                                                                       1,842,103
   
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 and term securities lending facilities; refer
   to table 1A.