FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and

Condition Statement of Federal Reserve Banks February 7, 2013

1. Factors Affecting Reserve Balances of Depository Institutions

Millions of dollars

Averages of daily figures

Change from week ended

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Week ended

Feb 6, 2013 Jan 30, 2013 Feb 8, 2012

Wednesday

Feb 6, 2013

Reserve Bank credit 2,991,641 + 2,640 + 78,222 2,996,827

Securities held outright1 2,753,843 + 6,988 + 151,311 2,758,176

U.S. Treasury securities 1,712,867 + 9,368 + 47,850 1,717,182

Bills2 0 0 - 18,423 0

Notes and bonds, nominal2 1,626,130 + 9,444 + 57,407 1,630,467

Notes and bonds, inflation-indexed2 76,130 0 + 7,620 76,130

Inflation compensation3 10,607 - 76 + 1,247 10,585

Federal agency debt securities2 75,111 0 - 26,387 75,111

Mortgage-backed securities4 965,865 - 2,380 + 129,847 965,883

Repurchase agreements5 0 0 0 0

Loans 523 - 32 - 7,616 510

Primary credit 19 + 14 + 11 13

Secondary credit 0 0 0 0

Seasonal credit 0 - 3 - 2 1

Term Asset-Backed Securities Loan Facility6 504 - 43 - 7,625 496

Other credit extensions 0 0 0 0

Net portfolio holdings of Maiden Lane LLC7 1,402 - 13 - 5,569 1,405

Net portfolio holdings of Maiden Lane II LLC8 61 0 - 6,290 61

Net portfolio holdings of Maiden Lane III LLC9 22 0 - 17,722 22

Net portfolio holdings of TALF LLC10 807 - 50 - 12 507

Float -674 - 2,912 + 359 -763

Central bank liquidity swaps11 5,192 - 2,838 - 103,565 5,192

Other Federal Reserve assets12 230,466 + 1,498 + 67,329 231,719

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding13 44,867 + 14 + 627 44,867

Total factors supplying reserve funds 3,052,750 + 2,654 + 78,850 3,057,936

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1

1. Factors Affecting Reserve Balances of Depository Institutions (continued)

Millions of dollars

Averages of daily figures

Change from week ended

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Week ended

Feb 6, 2013 Jan 30, 2013 Feb 8, 2012

Wednesday

Feb 6, 2013

Currency in circulation13 1,157,650 + 2,806 + 83,640 1,161,058

Reverse repurchase agreements14 86,150 - 6,769 - 1,078 84,529

Foreign official and international accounts 86,150 - 6,769 - 1,078 84,529

Others 0 0 0 0

Treasury cash holdings 191 + 7 + 47 194

Deposits with F.R. Banks, other than reserve balances 89,080 - 14,762 - 48,761 79,421

Term deposits held by depository institutions 3,036 0 - 43 3,036

U.S. Treasury, General Account 64,279 - 6,848 - 23,683 48,137

Foreign official 7,734 + 302 + 7,608 8,094

Service-related 0 0 - 1,976 0

Required clearing balances 0 0 - 1,976 0

Adjustments to compensate for float 0 0 0 0

Other 14,031 - 8,215 - 30,668 20,155

Other liabilities and capital15 65,349 - 227 - 8,677 65,019

Total factors, other than reserve balances,

absorbing reserve funds 1,398,419 - 18,945 + 25,170 1,390,221

Reserve balances with Federal Reserve Banks 1,654,331 + 21,599 + 53,680 1,667,715

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

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

2. Face value of the securities.

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

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

the underlying mortgages.

5. Cash value of agreements.

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

7. Refer to table 4 and the note on consolidation accompanying table 9.

8. Refer to table 5 and the note on consolidation accompanying table 9.

9. Refer to table 6 and the note on consolidation accompanying table 9.

10. Refer to table 7 and the note on consolidation accompanying table 9.

11. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned

to the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was acquired from the

foreign central bank.

12. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates, and the fair value adjustment

to credit extended by the FRBNY to eligible borrowers through the Term Asset-Backed Securities Loan Facility.

13. Estimated.

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

15. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to entities other than the Federal Reserve

Bank of New York, including liabilities that have recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note

on consolidation accompanying table 9. Also includes the liability for interest on Federal Reserve notes due to U.S. Treasury. Refer to table 8 and

table 9.

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.
H.4.1

1A. Memorandum Items

Millions of dollars

Averages of daily figures

Memorandum item Week ended Change from week ended

Feb 6, 2013 Jan 30, 2013 Feb 8, 2012

Wednesday

Feb 6, 2013

Securities held in custody for foreign official and international

accounts 3,282,031 + 27,140 + 233,647 3,293,259

Marketable U.S. Treasury securities1 2,939,549 + 27,390 + 323,570 2,950,103

Federal agency debt and mortgage-backed securities2 305,576 - 363 - 90,515 306,214

Other securities3 36,906 + 112 + 591 36,941

Securities lent to dealers 17,224 + 598 + 3,250 19,735

Overnight facility4 17,224 + 598 + 3,250 19,735

U.S. Treasury securities 16,585 + 644 + 3,808 19,080

Federal agency debt securities 639 - 46 - 559 655

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, February 6, 2013

Millions of dollars

Remaining Maturity Within 15

days

16 days to

90 days

91 days to

1 year

Over 1 year

to 5 years

Over 5 year

to 10 years

Over 10

years

All

Loans1 13 47 0 450 0 ... 510

U.S. Treasury securities2

Holdings 1 4 15 400,305 874,956 441,899 1,717,182

Weekly changes 0 - 1 + 1 - 9 + 3,211 + 3,922 + 7,124

Federal agency debt securities3

Holdings 498 2,560 20,642 47,020 2,044 2,347 75,111

Weekly changes 0 0 + 3,500 - 3,500 0 0 0

Mortgage-backed securities4

Holdings 0 0 2 1 2,514 963,366 965,883

Weekly changes 0 0 0 0 + 18 + 81 + 99

Asset-backed securities held by

TALF LLC5 0 0 0 0 0 0 0

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

Central bank liquidity swaps7 1,000 4,192 0 0 0 0 5,192

Reverse repurchase agreements6 84,529 0 ... ... ... ... 84,529

Term deposits 3,036 0 0 ... ... ... 3,036

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

...Not applicable.

1. Excludes the loans from the Federal Reserve Bank of New York (FRBNY) to Maiden Lane LLC, Maiden Lane II LLC, Maiden

Lane III LLC, and TALF LLC. The loans were eliminated when preparing the FRBNY’s statement of condition consistent with consolidation

under generally accepted accounting principles.

2. Face value. For inflation-indexed securities, includes the original face value and compensation that adjusts for the effect of inflation on the

original face value of such securities.

3. Face value.

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

underlying mortgages.

5. Face value of asset-backed securities held by TALF LLC, which is the remaining principal balance of the underlying assets.

6. Cash value of agreements.

7. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to

the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was acquired from the foreign

central bank.
H.4.1

3. Supplemental Information on Mortgage-Backed Securities

Millions of dollars

Wednesday Account name Feb 6, 2013

Mortgage-backed securities held outright1 965,883

Commitments to buy mortgage-backed securities2 139,697

Commitments to sell mortgage-backed securities2 5,300

Cash and cash equivalents3 20

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

underlying mortgages.

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

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

4. Information on Principal Accounts of Maiden Lane LLC

Millions of dollars

Wednesday Account name Feb 6, 2013

Net portfolio holdings of Maiden Lane LLC1 1,405

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 0

Accrued interest payable to the Federal Reserve Bank of New York2 0

Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co.3 0

1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to be conducted in an

orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of December 31, 2012. Any assets purchased after

this valuation date are initially recorded at cost until their estimated fair value as of the purchase date becomes available.

2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York’s statement of condition consistent with

consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.

3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in

table 8 and table 9.

Note: On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC under the authority of section 13(3) of

the Federal Reserve Act. This limited liability company was formed to acquire certain assets of Bear Stearns and to manage those assets through time

to maximize repayment of the credit extended and to minimize disruption to financial markets. Payments by Maiden Lane LLC from the proceeds of the

net portfolio holdings will be made in the following order: operating expenses of the LLC, principal due to the FRBNY, interest due to the FRBNY,

principal due to JPMorgan Chase & Co., and interest due to JPMorgan Chase & Co. Any remaining funds will be paid to the FRBNY.

5. Information on Principal Accounts of Maiden Lane II LLC

Millions of dollars

Wednesday Account name Feb 6, 2013

Net portfolio holdings of Maiden Lane II LLC1 61

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 0

Accrued interest payable to the Federal Reserve Bank of New York2 0

Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc.3 0

1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to be conducted in an

orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of December 31, 2012. Any assets purchased after

this valuation date are initially recorded at cost until their estimated fair value as of the purchase date becomes available.

2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York’s statement of condition consistent with

consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.

3. Book value. The deferred payment represents the portion of the proceeds of the net portfolio holdings due to subsidiaries of American

International Group, Inc. in accordance with the asset purchase agreement. The fair value of this payment and accrued interest payable are

included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in table 8 and table 9.

Note: On December 12, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane II LLC under the authority of

section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase residential mortgage-backed securities from the U.S.

securities lending reinvestment portfolio of subsidiaries of American International Group, Inc. (AIG subsidiaries). Payments by Maiden Lane II LLC from

the proceeds of the net portfolio holdings will be made in the following order: operating expenses of Maiden Lane II LLC, principal due to the FRBNY,

interest due to the FRBNY, and deferred payment and interest due to AIG subsidiaries. Any remaining funds will be shared by the FRBNY and AIG

subsidiaries.
H.4.1

6. Information on Principal Accounts of Maiden Lane III LLC

Millions of dollars

Wednesday Account name Feb 6, 2013

Net portfolio holdings of Maiden Lane III LLC1 22

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 0

Accrued interest payable to the Federal Reserve Bank of New York2 0

Outstanding principal amount and accrued interest on loan payable to American International Group, Inc.3 0

1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to be conducted in an

orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of December 31, 2012. Any assets purchased after

this valuation date are initially recorded at cost until their estimated fair value as of the purchase date becomes available.

2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York’s statement of condition consistent with

consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.

3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in

table 8 and table 9.

Note: On November 25, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane III LLC under the authority of

section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase multi-sector collateralized debt obligations (CDOs) on

which the Financial Products group of American International Group, Inc. (AIG) has written credit default swap (CDS) contracts. In connection with the

purchase of CDOs, the CDS counterparties will concurrently unwind the related CDS transactions. Payments by Maiden Lane III LLC from the proceeds

of the net portfolio holdings will be made in the following order: operating expenses of Maiden Lane III LLC, principal due to the FRBNY, interest due to

the FRBNY, principal due to AIG, and interest due to AIG. Any remaining funds will be shared by the FRBNY and AIG.

7. Information on Principal Accounts of TALF LLC

Millions of dollars

Wednesday Account name Feb 6, 2013

Asset-backed securities holdings1 0

Other investments, net 507

Net portfolio holdings of TALF LLC 507

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 0

Accrued interest payable to the Federal Reserve Bank of New York2 0

Funding provided by U.S. Treasury to TALF LLC, including accrued interest payable3 0

1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to be conducted in an orderly

market on the measurement date.

2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York’s statement of condition consistent with consolidation

under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.

3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in table 8

and table 9.

Note: On November 25, 2008, the Federal Reserve announced the creation of the Term Asset-Backed Securities Loan Facility (TALF) under the authority of

section 13(3) of the Federal Reserve Act. The TALF is a facility under which the Federal Reserve Bank of New York (FRBNY) extends loans with a term of up to

five years to holders of eligible asset-backed securities. The TALF is intended to assist financial markets in accommodating the credit needs of consumers and

businesses by facilitating the issuance of asset-backed securities collateralized by a variety of consumer and business loans. The loans provided through the

TALF to eligible borrowers are non-recourse, meaning that the obligation of the borrower can be discharged by surrendering the collateral to the FRBNY. The

loans are extended for the market value of the security less an amount known as a haircut. As a result, the borrower bears the initial risk of a decline in the value

of the security.

TALF LLC is a limited liability company formed to purchase and manage any asset-backed securities received by the FRBNY in connection with the decision of

a borrower not to repay a TALF loan. TALF LLC has committed, for a fee, to purchase all asset-backed securities received by the FRBNY in conjunction with a

TALF loan at a price equal to the TALF loan plus accrued but unpaid interest. Losses on asset-backed securities held by TALF LLC will be offset in the

following order: by the commitment fees collected by TALF LLC then by the interest received on investments of TALF LLC. Payments by TALF LLC from the

proceeds of its net portfolio holdings will be made in the following order: operating expenses of TALF LLC, principal due to the FRBNY, principal due to the

U.S. Treasury, interest due to the FRBNY, and interest due to the U.S. Treasury. Any remaining funds will be shared by the FRBNY and the U.S. Treasury.
H.4.1

8. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Assets, liabilities, and capital Wednesday Wednesday Eliminations from

consolidation

Wednesday

Feb 6, 2013 Jan 30, 2013 Feb 8, 2012

Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 5,200 0 0

Coin 2,214 + 18 - 233

Securities, repurchase agreements, and loans 2,758,685 + 7,154 + 152,333

Securities held outright1 2,758,176 + 7,224 + 159,956

U.S. Treasury securities 1,717,182 + 7,124 + 56,490

Bills2 0 0 - 18,423

Notes and bonds, nominal2 1,630,467 + 7,188 + 64,661

Notes and bonds, inflation-indexed2 76,130 0 + 8,760

Inflation compensation3 10,585 - 64 + 1,492

Federal agency debt securities2 75,111 0 - 26,387

Mortgage-backed securities4 965,883 + 99 + 129,853

Repurchase agreements5 0 0 0

Loans 510 - 69 - 7,622

Net portfolio holdings of Maiden Lane LLC6 1,405 + 5 - 5,590

Net portfolio holdings of Maiden Lane II LLC7 61 0 - 6,651

Net portfolio holdings of Maiden Lane III LLC8 22 0 - 17,834

Net portfolio holdings of TALF LLC9 507 - 350 - 312

Items in process of collection (0) 610 + 493 + 440

Bank premises 2,306 - 29 + 129

Central bank liquidity swaps10 5,192 - 2,838 - 103,565

Other assets11 229,412 + 1,829 + 67,363

Total assets (0) 3,016,651 + 6,281 + 86,081

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1

8. Consolidated Statement of Condition of All Federal Reserve Banks (continued)

Millions of dollars

Change since

Assets, liabilities, and capital Wednesday Wednesday Eliminations from

consolidation

Wednesday

Feb 6, 2013 Jan 30, 2013 Feb 8, 2012

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 1,118,594 + 4,735 + 81,626

Reverse repurchase agreements12 84,529 - 13,903 - 2,226

Deposits (0) 1,747,137 + 14,574 + 15,650

Term deposits held by depository institutions 3,036 0 - 43

Other deposits held by depository institutions 1,667,715 + 22,721 + 33,980

U.S. Treasury, General Account 48,137 - 23,168 - 999

Foreign official 8,094 + 661 + 7,968

Other (0) 20,155 + 14,361 - 25,256

Deferred availability cash items (0) 1,372 + 562 + 165

Other liabilities and accrued dividends13 10,208 + 290 - 9,401

Total liabilities (0) 2,961,840 + 6,258 + 85,815

Capital accounts

Capital paid in 27,406 + 12 + 134

Surplus 27,406 + 12 + 134

Other capital accounts 0 0 0

Total capital 54,811 + 23 + 266

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

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

2. Face value of the securities.

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

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

underlying mortgages.

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

6. Refer to table 4 and the note on consolidation accompanying table 9.

7. Refer to table 5 and the note on consolidation accompanying table 9.

8. Refer to table 6 and the note on consolidation accompanying table 9.

9. Refer to table 7 and the note on consolidation accompanying table 9.

10. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to

the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was acquired from the foreign

central bank.

11. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates and the fair value adjustment to

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

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

13. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to entities other than the Federal

Reserve Bank of New York, including liabilities that have recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and

the note on consolidation accompanying table 9. Also includes the liability for interest on Federal Reserve notes due to U.S. Treasury.
H.4.1

9. Statement of Condition of Each Federal Reserve Bank, February 6, 2013

Millions of dollars

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

Assets

Gold certificate account 11,037 408 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 2,214 43 100 144 159 387 222 322 40 55 169 210 363

Securities, repurchase agreements,

and loans 2,758,685 66,991 1,546,880 91,179 70,125 196,303 166,307 153,015 43,121 25,074 55,413 107,169 237,107

Securities held outright1 2,758,176 66,991 1,546,383 91,179 70,125 196,303 166,299 153,012 43,121 25,074 55,413 107,169 237,105

U.S. Treasury securities 1,717,182 41,707 962,746 56,766 43,658 122,214 103,534 95,262 26,846 15,611 34,499 66,721 147,617

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

Notes and bonds3 1,717,182 41,707 962,746 56,766 43,658 122,214 103,534 95,262 26,846 15,611 34,499 66,721 147,617

Federal agency debt securities2 75,111 1,824 42,111 2,483 1,910 5,346 4,529 4,167 1,174 683 1,509 2,918 6,457

Mortgage-backed securities4 965,883 23,459 541,527 31,930 24,557 68,743 58,236 53,583 15,101 8,781 19,405 37,530 83,032

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

Loans 510 0 496 0 0 0 8 4 0 0 0 0 2

Net portfolio holdings of Maiden

Lane LLC6 1,405 0 1,405 0 0 0 0 0 0 0 0 0 0

Net portfolio holdings of Maiden

Lane II LLC7 61 0 61 0 0 0 0 0 0 0 0 0 0

Net portfolio holdings of Maiden

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

Net portfolio holdings of TALF LLC9 507 0 507 0 0 0 0 0 0 0 0 0 0

Items in process of collection 610 0 0 0 0 0 608 0 0 0 0 0 0

Bank premises 2,306 118 428 70 115 229 214 202 130 103 252 238 208

Central bank liquidity swaps10 5,192 255 1,660 402 405 1,090 296 148 43 22 53 82 736

Other assets11 229,412 6,219 122,260 8,681 7,142 19,914 13,795 12,060 3,457 2,025 4,384 8,386 21,090

Interdistrict settlement account 0 + 1,722 + 24,298 - 15,277 - 3,480 - 49,303 + 20,868 - 17,067 + 201 + 2,407 - 7,055 - 7,271 + 49,957

Total assets 3,016,651 75,953 1,703,261 85,845 75,217 169,923 204,301 149,943 47,455 29,967 53,684 109,822 311,278

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1

9. Statement of Condition of Each Federal Reserve Bank, February 6, 2013 (continued)

Millions of dollars

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

Liabilities

Federal Reserve notes outstanding 1,373,607 47,509 492,818 47,381 61,892 103,693 174,835 95,285 37,369 23,674 38,096 96,088 154,967

Less: Notes held by F.R. Banks 255,013 8,860 93,804 5,045 10,552 12,310 30,035 14,704 4,076 4,941 9,138 33,735 27,813

Federal Reserve notes, net 1,118,594 38,650 399,015 42,336 51,340 91,383 144,800 80,581 33,293 18,733 28,958 62,353 127,153

Reverse repurchase agreements12 84,529 2,053 47,392 2,794 2,149 6,016 5,097 4,689 1,322 768 1,698 3,284 7,266

Deposits 1,747,137 32,329 1,233,073 36,199 17,202 60,343 49,496 62,620 12,186 9,965 22,281 42,964 168,477

Term deposits held by depository

institutions 3,036 5 1,542 637 0 40 500 5 0 105 1 5 196

Other deposits held by depository

institutions 1,667,715 32,307 1,155,486 35,512 17,199 60,084 48,986 62,587 12,186 9,860 22,279 42,957 168,273

U.S. Treasury, General Account 48,137 0 48,137 0 0 0 0 0 0 0 0 0 0

Foreign official 8,094 2 8,067 3 3 8 2 1 0 0 0 1 6

Other 20,155 15 19,841 47 0 211 7 27 0 0 1 2 3

Deferred availability cash items 1,372 0 0 0 0 0 1,256 0 0 116 0 0 0

Interest on Federal Reserve notes due

to U.S. Treasury13 931 16 609 11 0 43 61 63 18 7 22 34 45

Other liabilities and accrued

dividends14 9,276 211 5,681 272 250 646 473 426 176 143 168 306 523

Total liabilities 2,961,840 73,260 1,685,769 81,613 70,941 158,431 201,183 148,380 46,995 29,733 53,128 108,942 303,465

Capital

Capital paid in 27,406 1,347 8,746 2,116 2,138 5,746 1,559 782 230 117 278 440 3,907

Surplus 27,406 1,347 8,746 2,116 2,138 5,746 1,559 782 230 117 278 440 3,907

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

Total liabilities and capital 3,016,651 75,953 1,703,261 85,845 75,217 169,923 204,301 149,943 47,455 29,967 53,684 109,822 311,278

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1

9. Statement of Condition of Each Federal Reserve Bank, February 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).
H.4.1

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

Millions of dollars

Wednesday Federal Reserve notes and collateral Feb 6, 2013

Federal Reserve notes outstanding 1,373,607

Less: Notes held by F.R. Banks not subject to collateralization 255,013

Federal Reserve notes to be collateralized 1,118,594

Collateral held against Federal Reserve notes 1,118,594

Gold certificate account 11,037

Special drawing rights certificate account 5,200

U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 1,102,357

Other assets pledged 0

Memo:

Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 2,758,176

Less: Face value of securities under reverse repurchase agreements 72,491

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 2,685,684

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.