FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                                    March 7, 2013


1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and                          Averages of daily figures         Wednesday  
reserve balances of depository institutions at             Week ended    Change from week ended   Mar 6, 2013 
Federal Reserve Banks                                      Mar 6, 2013 Feb 27, 2013  Mar 7, 2012              

Reserve Bank credit                                         3,084,839   +    7,235   +  220,098    3,090,541  
  Securities held outright (1)                              2,846,633   +    2,328   +  248,406    2,851,294  
    U.S. Treasury securities                                1,757,106   +   12,486   +  100,057    1,761,763  
      Bills (2)                                                     0            0   -   18,423            0  
      Notes and bonds, nominal (2)                          1,669,125   +   12,487   +  108,044    1,673,761  
      Notes and bonds, inflation-indexed (2)                   77,499            0   +    8,991       77,499  
      Inflation compensation (3)                               10,482   -        2   +    1,445       10,504  
    Federal agency debt securities (2)                         73,588   -      448   -   26,794       73,588  
    Mortgage-backed securities (4)                          1,015,939   -    9,710   +  175,143    1,015,943  
  Repurchase agreements (5)                                         0            0            0            0  
  Loans                                                           409   +        9   -    7,111          400  
    Primary credit                                                 21   +       18   +       17           14  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                                 0   -        1   -        3            0  
    Term Asset-Backed Securities Loan Facility (6)                388   -        8   -    7,125          386  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (7)                 1,399   -        1   -    5,042        1,394  
  Net portfolio holdings of Maiden Lane II LLC (8)                 61            0   -    3,762           62  
  Net portfolio holdings of Maiden Lane III LLC (9)                22            0   -   17,605           22  
  Net portfolio holdings of TALF LLC (10)                         492   -       15   -      333          399  
  Float                                                          -748   -       74   +      265         -865  
  Central bank liquidity swaps (11)                             8,343   +    4,149   -   63,043        8,343  
  Other Federal Reserve assets (12)                           228,228   +      838   +   68,323      229,491  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (13)                             44,877   +       14   +      508       44,877  
                                                                                                              
Total factors supplying reserve funds                       3,145,957   +    7,249   +  220,606    3,151,659  

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





1. Factors Affecting Reserve Balances of Depository Institutions (continued)
Millions of dollars
Reserve Bank credit, related items, and                          Averages of daily figures         Wednesday  
reserve balances of depository institutions at             Week ended    Change from week ended   Mar 6, 2013 
Federal Reserve Banks                                      Mar 6, 2013 Feb 27, 2013  Mar 7, 2012              

Currency in circulation (13)                                 1,172,612   +    3,229   +   79,922    1,175,141 
Reverse repurchase agreements (14)                              93,830   -    1,148   +    6,353       93,467 
  Foreign official and international accounts                   93,830   -    1,148   +    6,625       93,467 
  Others                                                             0            0   -      271            0 
Treasury cash holdings                                             219   +       11   +       57          225 
Deposits with F.R. Banks, other than reserve balances           64,273   -   60,242   -   13,179       70,810 
  Term deposits held by depository institutions                      0            0            0            0 
  U.S. Treasury, General Account                                36,793   -    6,219   -      170       48,960 
  Foreign official                                               8,636   +       50   +    8,509        8,635 
  Service-related                                                    0            0   -    1,955            0 
    Required clearing balances                                       0            0   -    1,955            0 
    Adjustments to compensate for float                              0            0            0            0 
  Other                                                         18,844   -   54,072   -   19,562       13,215 
Other liabilities and capital (15)                              66,956   +      864   -    8,692       66,706 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  1,397,890   -   57,286   +   64,461    1,406,349 
                                                                                                              
Reserve balances with Federal Reserve Banks                  1,748,067   +   64,535   +  156,145    1,745,310 

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.





1A. Memorandum Items
Millions of dollars
Memorandum item                                                  Averages of daily figures         Wednesday  
                                                           Week ended    Change from week ended   Mar 6, 2013 
                                                           Mar 6, 2013 Feb 27, 2013  Mar 7, 2012              

Securities held in custody for foreign official and       
     international accounts                                  3,295,115   +    1,222   +  211,537    3,293,292 
  Marketable U.S. Treasury securities (1)                    2,960,548   +    3,715   +  316,026    2,958,185 
  Federal agency debt and mortgage-backed securities (2)       296,797   -    2,602   -  104,500      297,177 
  Other securities (3)                                          37,769   +      109   +       11       37,930 
Securities lent to dealers                                      18,717   -    1,933   -    1,951       18,828 
  Overnight facility (4)                                        18,717   -    1,933   -    1,951       18,828 
    U.S. Treasury securities                                    17,691   -    2,098   -    1,993       18,076 
    Federal agency debt securities                               1,026   +      165   +       42          752 

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, March 6, 2013       

Millions of dollars
Remaining Maturity                     Within 15     16 days to    91 days to   Over 1 year   Over 5 year     Over 10         All      
                                          days        90 days        1 year      to 5 years   to 10 years      years                   

Loans (1)                                       14             0             0           386             0           ...           400 
U.S. Treasury securities (2)                                                                                                           
  Holdings                                       0             5           308       438,296       876,335       446,819     1,761,763 
  Weekly changes                        -        1    +        1    +      294    +    4,726    +    3,346    +    3,853    +   12,218 
Federal agency debt securities (3)                                                                                                     
  Holdings                                   1,165         1,533        19,479        47,020         2,044         2,347        73,588 
  Weekly changes                        +    1,165    -        2    -    1,163             0             0             0             0 
Mortgage-backed securities (4)                                                                                                         
  Holdings                                       0             0             1             1         2,552     1,013,388     1,015,943 
  Weekly changes                                 0             0             0             0    +        8    +       21    +       29 
Asset-backed securities held by      
  TALF LLC (5)                                   0             0             0             0             0             0             0 
Repurchase agreements (6)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (7)               380         7,963             0             0             0             0         8,343 
                                                                                                                                       
Reverse repurchase agreements (6)           93,467             0           ...           ...           ...           ...        93,467 
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. Current face value of the securities, which      
    is the remaining principal balance of the underlying mortgages.                                     
5.  Face value of asset-backed securities held by TALF LLC, which is the remaining principal balance of     
    the underlying assets.                                                                              
6.  Cash value of agreements.                                                                               
7.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     






3. Supplemental Information on Mortgage-Backed Securities
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                       Mar 6, 2013  

Mortgage-backed securities held outright (1)                                                                             1,015,943  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                          125,444  
Commitments to sell mortgage-backed securities (2)                                                                             600  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                   12  



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
Account name                                                                                                            Wednesday   
                                                                                                                       Mar 6, 2013  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,394  
                                                                                                                                    
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  
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
Account name                                                                                                            Wednesday   
                                                                                                                       Mar 6, 2013  

Net portfolio holdings of Maiden Lane II LLC (1)                                                                                62  
                                                                                                                                    
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  
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.                  





6. Information on Principal Accounts of Maiden Lane III LLC
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                       Mar 6, 2013  

Net portfolio holdings of Maiden Lane III LLC (1)                                                                               22  
                                                                                                                                    
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  
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
Account name                                                                                                            Wednesday   
                                                                                                                       Mar 6, 2013  

Asset-backed securities holdings (1)                                                                                             0  
Other investments, net                                                                                                         399  
Net portfolio holdings of TALF LLC                                                                                             399  
                                                                                                                                    
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)                                            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.                                                                  




8. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from        Mar 6, 2013   Wednesday    Wednesday  
                                                        consolidation                Feb 27, 2013  Mar 7, 2012 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        2,166   -       20   -      196  
  Securities, repurchase agreements, and loans                            2,851,695   +   12,249   +  244,387  
    Securities held outright (1)                                          2,851,294   +   12,247   +  251,416  
      U.S. Treasury securities                                            1,761,763   +   12,218   +  102,484  
        Bills (2)                                                                 0            0   -   18,423  
        Notes and bonds, nominal (2)                                      1,673,761   +   12,177   +  109,332  
        Notes and bonds, inflation-indexed (2)                               77,499            0   +    9,941  
        Inflation compensation (3)                                           10,504   +       42   +    1,635  
      Federal agency debt securities (2)                                     73,588            0   -   26,215  
      Mortgage-backed securities (4)                                      1,015,943   +       29   +  175,147  
    Repurchase agreements (5)                                                     0            0            0  
    Loans                                                                       400   +        1   -    7,030  
  Net portfolio holdings of Maiden Lane LLC (6)                               1,394   -        5   -    5,059  
  Net portfolio holdings of Maiden Lane II LLC (7)                               62   +        1   -    3,573  
  Net portfolio holdings of Maiden Lane III LLC (8)                              22            0   -   17,698  
  Net portfolio holdings of TALF LLC (9)                                        399   -      108   -      426  
  Items in process of collection                                   (0)          634   +       60   +      469  
  Bank premises                                                               2,300   -       10   -       85  
  Central bank liquidity swaps (10)                                           8,343   +    4,149   -   63,043  
  Other assets (11)                                                         227,191   +    1,859   +   68,612  
                                                                                                               
Total assets                                                       (0)    3,110,443   +   18,175   +  223,389  

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





8. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from        Mar 6, 2013   Wednesday    Wednesday  
                                                        consolidation                Feb 27, 2013  Mar 7, 2012 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,132,652   +    3,790   +   79,392 
  Reverse repurchase agreements (12)                                          93,467   -    7,145   +    7,038 
  Deposits                                                          (0)    1,816,120   +   20,893   +  144,389 
    Term deposits held by depository institutions                                  0            0            0 
    Other deposits held by depository institutions                         1,745,310   -    9,052   +  141,248 
    U.S. Treasury, General Account                                            48,960   +   32,994   +   22,523 
    Foreign official                                                           8,635   +       79   +    8,508 
    Other                                                           (0)       13,215   -    3,128   -   27,891 
  Deferred availability cash items                                  (0)        1,499   +       33   +      257 
  Other liabilities and accrued dividends (13)                                11,691   +      578   -    8,256 
                                                                                                               
Total liabilities                                                   (0)    3,055,429   +   18,149   +  222,820 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             27,507   +       13   +      284 
  Surplus                                                                     27,507   +       13   +      284 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 55,014   +       27   +      569 

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.                                                                                   

 



9. Statement of Condition of Each Federal Reserve Bank, March 6, 2013
Millions of dollars
Assets, liabilities, and capital               Total       Boston     New York  Philadelphia  Cleveland    Richmond    Atlanta     Chicago    St. Louis  Minneapolis    Kansas      Dallas       San     
                                                                                                                                                                         City                 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                                             2,166          43         104          140         156         385         200         317          34          53         167         199         367
  Securities, repurchase agreements,        
     and loans                                 2,851,695      69,254   1,598,977       94,258      72,492     202,931     171,913     158,177      44,577      25,921      57,284     110,798     245,113
    Securities held outright (1)               2,851,294      69,253   1,598,591       94,258      72,492     202,931     171,913     158,177      44,577      25,921      57,284     110,788     245,110
      U.S. Treasury securities                 1,761,763      42,790     987,741       58,240      44,792     125,387     106,222      97,735      27,543      16,016      35,395      68,454     151,449
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    1,761,763      42,790     987,741       58,240      44,792     125,387     106,222      97,735      27,543      16,016      35,395      68,454     151,449
      Federal agency debt securities (2)          73,588       1,787      41,257        2,433       1,871       5,237       4,437       4,082       1,150         669       1,478       2,859       6,326
      Mortgage-backed securities (4)           1,015,943      24,675     569,593       33,585      25,830      72,306      61,254      56,360      15,883       9,236      20,411      39,475      87,335
    Repurchase agreements (5)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                            400           1         386            0           0           0           0           0           0           0           0          10           3
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (6)                                  1,394           0       1,394            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane II LLC (7)                                  62           0          62            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane III LLC (8)                                 22           0          22            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (9)             399           0         399            0           0           0           0           0           0           0           0           0           0
  Items in process of collection                     634           0           0            0           0           0         633           0           0           0           0           0           0
  Bank premises                                    2,300         117         427           71         114         229         213         201         130         102         251         237         207
  Central bank liquidity swaps (10)                8,343         410       2,667          645         651       1,752         475         238          70          35          84         132       1,183
  Other assets (11)                              227,191       6,145     121,115        8,700       7,048      19,666      13,654      11,949       3,407       2,002       4,340       8,305      20,860
  Interdistrict settlement account                     0  +    2,197  -    7,898   -    7,554  -    1,894  -   50,222  +   20,533  -   10,325  +    1,383  +      951  -    7,490  -    8,466  +   68,784
                                                                                                                                                                                                         
Total assets                                   3,110,443      78,770   1,722,911       96,906      79,319     176,043     209,613     161,821      50,064      29,346      55,105     112,213     338,331

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





9. Statement of Condition of Each Federal Reserve Bank, March 6, 2013 (continued)
Millions of dollars
Assets, liabilities, and capital               Total       Boston     New York  Philadelphia Cleveland    Richmond    Atlanta     Chicago    St. Louis  Minneapolis    Kansas      Dallas       San     
                                                                                                                                                                        City                 Francisco  

Liabilities                                                                                                                                                                                             
  Federal Reserve notes outstanding            1,391,581      47,132     513,264      46,931      61,448     102,928     175,361      94,466      37,075      23,661      37,774      96,499     155,042
    Less: Notes held by F.R. Banks               258,929       9,893      97,729       4,622       9,365      11,387      29,659      14,501       3,172       6,040       9,549      37,543      25,468
      Federal Reserve notes, net               1,132,652      37,239     415,534      42,308      52,083      91,541     145,702      79,965      33,903      17,621      28,225      58,956     129,575
  Reverse repurchase agreements (12)              93,467       2,270      52,403       3,090       2,376       6,652       5,635       5,185       1,461         850       1,878       3,632       8,035
  Deposits                                     1,816,120      36,299   1,230,387      46,933      20,283      65,556      53,188      74,533      14,032      10,301      24,226      48,330     192,053
    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                           1,745,310      36,279   1,159,801      46,899      20,280      65,446      53,179      74,504      14,032      10,301      24,224      48,328     192,038
    U.S. Treasury, General Account                48,960           0      48,960           0           0           0           0           0           0           0           0           0           0
    Foreign official                               8,635           2       8,608           3           3           8           2           1           0           0           0           1           6
    Other                                         13,215          18      13,018          31           0         102           7          27           0           0           1           1           9
  Deferred availability cash items                 1,499           0           0           0           0           0       1,325           0           0         173           0           0           0
  Interest on Federal Reserve notes due     
     to U.S. Treasury (13)                         1,358          24         856          25          14          50          90          91          15          12          32          62          86
  Other liabilities and accrued             
     dividends (14)                               10,333         243       6,206         315         286         754         538         478         194         154         189         351         627
                                                                                                                                                                                                        
Total liabilities                              3,055,429      76,075   1,705,386      92,672      75,042     164,553     206,478     160,252      49,605      29,112      54,549     111,330     330,375
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 27,507       1,348       8,762       2,117       2,138       5,745       1,567         785         230         117         278         441       3,978
  Surplus                                         27,507       1,348       8,762       2,117       2,138       5,745       1,567         785         230         117         278         441       3,978
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  3,110,443      78,770   1,722,911      96,906      79,319     176,043     209,613     161,821      50,064      29,346      55,105     112,213     338,331

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





9. Statement of Condition of Each Federal Reserve Bank, March 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. 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).

                                                                            



10. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Federal Reserve notes and collateral                                                        Wednesday   
                                                                                           Mar 6, 2013  

Federal Reserve notes outstanding                                                            1,391,581  
  Less: Notes held by F.R. Banks not subject to collateralization                              258,929  
    Federal Reserve notes to be collateralized                                               1,132,652  
Collateral held against Federal Reserve notes                                                1,132,652  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,116,415  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       2,851,294  
  Less: Face value of securities under reverse repurchase agreements                            80,906  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        2,770,388  

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.