FEDERAL RESERVE statistical release
H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                            November 12, 2010
 
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   Nov 10, 2010
Federal Reserve Banks                                     Nov 10, 2010  Nov 3, 2010 Nov 11, 2009
 
Reserve Bank credit                                        2,289,222   +    8,470   +  172,975    2,295,222
  Securities held outright (1)                             2,048,604   +    7,895   +  349,138    2,053,759
    U.S. Treasury securities                                 847,886   +    7,896   +   71,369      853,041
      Bills (2)                                               18,423            0            0       18,423
      Notes and bonds, nominal (2)                           780,863   +    7,888   +   73,214      786,015
      Notes and bonds, inflation-indexed (2)                  42,978            0   -    1,665       42,978
      Inflation compensation (3)                               5,621   +        7   -      182        5,625
    Federal agency debt securities (2)                       149,681            0   +    1,559      149,681
    Mortgage-backed securities (4)                         1,051,037            0   +  276,210    1,051,037
  Repurchase agreements (5)                                        0            0            0            0
  Term auction credit                                              0            0   -  109,456            0
  Other loans                                                 46,703   -      451   -   61,518       46,676
    Primary credit                                                13   -       51   -   20,786           10
    Secondary credit                                               1   +        1   +        1            0
    Seasonal credit                                               19   -        4   -       48           19
    Asset-Backed Commercial Paper Money Market
       Mutual Fund Liquidity Facility                              0            0            0            0
    Credit extended to American International
       Group, Inc., net (6)                                   19,455   +      258   -   24,810       19,685
    Term Asset-Backed Securities Loan Facility (7)            27,215   -      656   -   15,876       26,962
    Other credit extensions                                        0            0            0            0
  Net portfolio holdings of Commercial Paper
     Funding Facility LLC (8)                                      0            0   -   14,402            0
  Net portfolio holdings of Maiden Lane LLC (9)               28,510   +       24   +    2,184       28,518
  Net portfolio holdings of Maiden Lane II LLC (10)           16,279   -      196   +      547       16,280
  Net portfolio holdings of Maiden Lane III LLC (11)          23,241   -      304   +      395       23,321
  Net portfolio holdings of TALF LLC (12)                        622            0   +      622          622
  Preferred interests in AIA Aurora LLC and ALICO
     Holdings LLC (13)                                        26,057            0   +   26,057       26,057
  Float                                                       -1,828   -      161   -      279       -1,938
  Central bank liquidity swaps (14)                               60            0   -   29,028           60
  Other Federal Reserve assets (15)                          100,974   +    1,663   +    8,715      101,865
Gold stock                                                    11,041            0            0       11,041
Special drawing rights certificate account                     5,200            0            0        5,200
Treasury currency outstanding (16)                            43,481   +       14   +      864       43,481

Total factors supplying reserve funds                      2,348,944   +    8,484   +  173,838    2,354,944
 
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   Nov 10, 2010
Federal Reserve Banks                                     Nov 10, 2010  Nov 3, 2010 Nov 11, 2009
 
Currency in circulation (16)                                 970,980   +    6,209   +   52,331      974,928
Reverse repurchase agreements (17)                            55,045   -    2,349   -    5,217       55,088
  Foreign official and international accounts                 55,045   -    2,349   -    5,217       55,088
  Others                                                           0            0            0            0
Treasury cash holdings                                           174   -       12   -       70          164
Deposits with F.R. Banks, other than reserve balances        229,443   -   15,515   +  133,201      221,060
  Term deposits held by depository institutions                    0   -    5,113            0            0
  U.S. Treasury, general account                              21,585   -   12,691   -   53,052        8,267
  U.S. Treasury, supplementary financing account             199,958   -        2   +  184,959      199,958
  Foreign official                                             1,876   -      639   +      279        1,784
  Service-related                                              2,366   -       30   -      770        2,366
    Required clearing balances                                 2,366   -       30   -      770        2,366
    Adjustments to compensate for float                            0            0            0            0
  Other                                                        3,659   +    2,962   +    1,787        8,685
Funds from American International Group, Inc. asset
   dispositions, held as agent (18)                           26,217   +   19,322   +   26,217       26,684
Other liabilities and capital (19)                            73,447   -      562   +    8,984       72,517

Total factors, other than reserve balances,
   absorbing reserve funds                                 1,355,306   +    7,094   +  215,447    1,350,441

Reserve balances with Federal Reserve Banks                  993,638   +    1,391   -   41,609    1,004,502
 
Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight and term securities lending facilities; refer to
   table 1A.
2. Face value of the securities.
3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed
   securities.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the
   remaining principal balance of the underlying mortgages.
5. Cash value of agreements.
6. Includes outstanding principal and capitalized interest net of unamortized deferred commitment fees and
   allowance for loan restructuring. Excludes credit extended to consolidated LLCs.
7. Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the Term
   Asset-Backed Securities Loan Facility.
8. Includes the book value of the commercial paper, net of amortized costs and related fees, and other
   investments held by the Commercial Paper Funding Facility LLC.
9.  Refer to table 4 and the note on consolidation accompanying table 10.
10. Refer to table 5 and the note on consolidation accompanying table 10.
11. Refer to table 6 and the note on consolidation accompanying table 10.
12. Refer to table 7 and the note on consolidation accompanying table 10.
13. Refer to table 8.
14. 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.
15. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange
    rates, accrued dividends on the Federal Reserve Bank of New York's (FRBNY) preferred interests in AIA
    Aurora LLC and ALICO Holdings LLC, and the fair value adjustment to credit extended by the FRBNY to
    eligible borrowers through the Term Asset-Backed Securities Loan Facility.
16. Estimated.
17. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt
    securities, and mortgage-backed securities.
18. Pending the closing of the recapitalization plan announced by American International Group, Inc. (AIG) on
    September 30, 2010, the cash proceeds from the disposition of certain AIG assets will be held by the
    FRBNY as agent. At the closing of the recapitalization plan, the proceeds will be used first to repay in
    full the credit extended to AIG by the FRBNY under the revolving credit facility and then to retire a
    portion of the FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC (preferred
    interests). Alternatively, if the recapitalization plan is terminated under the terms of the plan, then
    the proceeds from the initial public offering of AIA and the sale of ALICO will be used to redeem the
    preferred interests in accordance with the AIA Aurora LLC	and ALICO Holdings LLC limited liability
    company agreements, and any excess proceeds from these transactions, as well as proceeds from the
    disposition of other assets, will be used to repay the credit extended to AIG under the revolving credit
    facility.
19. 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 10.

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.

 
1A. Memorandum Items
Millions of dollars
                                                                Averages of daily figures         Wednesday  
                                                           Week ended   Change from week ended   Nov 10, 2010
Memorandum item                                           Nov 10, 2010  Nov 3, 2010 Nov 11, 2009
 
Marketable securities held in custody for foreign
   official and international accounts (1)                 3,336,046   +   20,351   +  419,342    3,333,909
  U.S. Treasury securities                                 2,603,903   +   20,007   +  447,622    2,604,486
  Federal agency securities (2)                              732,143   +      344   -   28,280      729,422
Securities lent to dealers                                     5,770   +      981   -      528        4,236
  Overnight facility (3)                                       5,770   +      981   -      528        4,236
    U.S. Treasury securities                                   4,683   +      956   -      390        2,919
    Federal agency debt securities                             1,087   +       25   -      138        1,317
  Term facility (4)                                                0            0            0            0
 
Note: Components may not sum to totals because of rounding.

1. Face value of the securities. Includes U.S. Treasury STRIPS and other zero-coupon bonds at face value and
   mortgage-backed securities at original face value.
2. Includes debt and mortgage-backed securities.
3. Fully collateralized by U.S. Treasury securities.
4. U.S. Treasury securities only. Fully collateralized by U.S. Treasury securities, federal agency
   securities, and other highly rated debt securities.

 
2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities,  November 10, 2010
Millions of dollars
                                       Within 15    16 days to   91 days to  Over 1 year  Over 5 years    Over 10        All     
Remaining maturity                        days       90 days       1 year     to 5 years   to 10 years     years    
 
Other loans (1)                               12           17            0       46,647            0           ...       46,676
U.S. Treasury securities (2)
  Holdings                                10,555       23,566       50,651      367,997      254,262       146,011      853,041
  Weekly changes                      -    6,285   +    6,286            0   +    3,936   +    7,093    +        3   +   11,033
Federal agency debt securities (3)
  Holdings                                 1,503        3,554       36,956       73,522       31,799         2,347      149,681
  Weekly changes                      +      816   -      816            0            0            0             0            0
Mortgage-backed securities (4)
  Holdings                                     0            0            0           27           21     1,050,990    1,051,037
  Weekly changes                               0            0            0            0            0             0            0
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)              60            0            0            0            0             0           60

Reverse repurchase agreements (6)         55,088            0          ...          ...          ...           ...       55,088
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 Purchase Program
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Nov 10, 2010 
 
Mortgage-backed securities held outright (1)                                                                           1,051,037

Commitments to buy mortgage-backed securities (2)                                                                              0
Commitments to sell mortgage-backed securities (2)                                                                             0

Cash and cash equivalents (3)                                                                                                  0
 
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 9 and table 10.

 
4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Nov 10, 2010 
 
Net portfolio holdings of Maiden Lane LLC (1)                                                                             28,518

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                 26,973
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         591
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)                              1,305
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
   be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of
   September 30, 2010. 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 10.
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 9 and table 10.

Note: On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC under the authority of
section 13(3) of the Federal Reserve Act. This limited liability company was formed to acquire certain assets of Bear Stearns and to
manage those assets through time to maximize repayment of the credit extended and to minimize disruption to financial markets.
Payments by Maiden Lane LLC from the proceeds of the net portfolio holdings will be made in the following order: operating expenses
of the LLC, principal due to the FRBNY, interest due to the FRBNY, principal due to JPMorgan Chase & Co., and interest due to
JPMorgan Chase & Co. Any remaining funds will be paid to the FRBNY.

 
5. Information on Principal Accounts of Maiden Lane II LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Nov 10, 2010 
 
Net portfolio holdings of Maiden Lane II LLC (1)                                                                          16,280

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                 13,254
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         428
Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc. (3)                    1,066
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
   be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of
   September 30, 2010. 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 10.
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
   9 and table 10.

Note: On December 12, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane II LLC under the
authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase residential
mortgage-backed securities from the U.S. securities lending reinvestment portfolio of subsidiaries of American International Group,
Inc. (AIG subsidiaries). Payments by Maiden Lane II LLC from the proceeds of the net portfolio holdings will be made in the
following order: operating expenses of Maiden Lane II LLC, principal due to the FRBNY, interest due to the FRBNY, and deferred
payment and interest due to AIG subsidiaries. Any remaining funds will be shared by the FRBNY and AIG subsidiaries.

 
6. Information on Principal Accounts of Maiden Lane III LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Nov 10, 2010 
 
Net portfolio holdings of Maiden Lane III LLC (1)                                                                         23,321

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                 13,922
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         521
Outstanding principal amount and accrued interest on loan payable to American International Group, Inc. (3)                5,341
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
   be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of
   September 30, 2010. 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 10.
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 9 and table 10.

Note: On November 25, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane III LLC under the
authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase multi-sector
collateralized debt obligations (CDOs) on which the Financial Products group of American International Group, Inc. (AIG) has written
credit default swap (CDS) contracts. In connection with the purchase of CDOs, the CDS counterparties will concurrently unwind the
related CDS transactions. Payments by Maiden Lane III LLC from the proceeds of the net portfolio holdings will be made in the
following order: operating expenses of Maiden Lane III LLC, principal due to the FRBNY, interest due to the FRBNY, principal due to
AIG, and interest due to AIG. Any remaining funds will be shared by the FRBNY and AIG.

 
7. Information on Principal Accounts of TALF LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Nov 10, 2010 
 
Asset-backed securities holdings (1)                                                                                           0
Other investments, net                                                                                                       622
Net portfolio holdings of TALF LLC                                                                                           622

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)                                        106
 
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 10.
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 9 and table 10.

Note: On November 25, 2008, the Federal Reserve announced the creation of the Term Asset-Backed Securities Loan Facility (TALF)
under the authority of section 13(3) of the Federal Reserve Act. The TALF is a facility under which the Federal Reserve Bank of New
York (FRBNY) extends loans with a term of up to five years to holders of eligible asset-backed securities. The TALF is intended to
assist financial markets in accommodating the credit needs of consumers and businesses by facilitating the issuance of asset-backed
securities collateralized by a variety of consumer and business loans. The loans provided through the TALF to eligible borrowers are
non-recourse, meaning that the obligation of the borrower can be discharged by surrendering the collateral to the FRBNY. The loans
are extended for the market value of the security less an amount known as a haircut. As a result, the borrower bears the initial
risk of a decline in the value of the security.

TALF LLC is a limited liability company formed to purchase and manage any asset-backed securities received by the FRBNY in
connection with the decision of a borrower not to repay a TALF loan. TALF LLC has committed, for a fee, to purchase all asset-backed
securities received by the FRBNY in conjunction with a TALF loan at a price equal to the TALF loan plus accrued but unpaid interest.
Losses on asset-backed securities held by TALF LLC will be offset in the following order: by the commitment fees collected by TALF
LLC, by the interest received on investments of TALF LLC, by up to $4.3 billion in subordinated debt funding provided by the U.S.
Treasury, and finally, by senior debt funding provided by the FRBNY. Payments by TALF LLC from the proceeds of its net portfolio
holdings will be made in the following order: operating expenses of TALF LLC, principal due to the FRBNY, principal due to the U.S.
Treasury, interest due to the FRBNY, and interest due to the U.S. Treasury. Any remaining funds will be shared by the FRBNY and the
U.S. Treasury.

 
8. Supplemental Information on the Federal Reserve Bank of New York's Preferred Interests in
AIA Aurora LLC and ALICO Holdings LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Nov 10, 2010 
 
Preferred interests in AIA Aurora LLC and ALICO Holdings LLC (1)                                                          26,057
Accrued dividends on preferred interests in AIA Aurora LLC and ALICO Holdings LLC (2)                                        150

Preferred interests in AIA Aurora LLC (1)                                                                                 16,676
Accrued dividends on preferred interests in AIA Aurora LLC (2)                                                                96

Preferred interests in ALICO Holdings LLC (1)                                                                              9,380
Accrued dividends on preferred interests in ALICO Holdings LLC (2)                                                            54
 
Note: Components may not sum to totals because of rounding.

1. Book value.
2. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 9 and table 10.

Note on preferred interests:

In conjunction with the restructuring of the government's assistance to American International Group, Inc. (AIG) announced March 2,
2009, the outstanding balance and amount available of revolving credit provided to AIG by the FRBNY has been reduced in exchange for
preferred interests in two special purpose vehicles, AIA Aurora LLC and ALICO Holdings LLC. These two limited liability companies
were created to directly or indirectly hold all of the outstanding common stock of American International Assurance Company Ltd.
(AIA) and American Life Insurance Company (ALICO), two life insurance subsidiaries of AIG. AIG will retain control of AIA Aurora LLC
and ALICO Holdings LLC, and the FRBNY will have certain consent, disposition, and conversion rights with respect to its preferred
interests.

Dividends accrue as a percentage of the FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC. On a quarterly basis,
the accrued dividends are capitalized and added to the FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC.

 
9. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
                                                       Eliminations from  Wednesday         Change since       
                                                        consolidation   Nov 10, 2010   Wednesday    Wednesday  
Assets, liabilities, and capital                                                       Nov 3, 2010 Nov 11, 2009
 
Assets
  Gold certificate account                                                  11,037             0            0
  Special drawing rights certificate account                                 5,200             0            0
  Coin                                                                       2,143    -       23   +       83
  Securities, repurchase agreements, term auction
     credit, and other loans                                             2,100,435    +   10,536   +  181,444
    Securities held outright (1)                                         2,053,759    +   11,032   +  351,993
      U.S. Treasury securities                                             853,041    +   11,033   +   76,521
        Bills (2)                                                           18,423             0            0
        Notes and bonds, nominal (2)                                       786,015    +   11,025   +   78,366
        Notes and bonds, inflation-indexed (2)                              42,978             0   -    1,665
        Inflation compensation (3)                                           5,625    +        8   -      181
      Federal agency debt securities (2)                                   149,681             0   +        8
      Mortgage-backed securities (4)                                     1,051,037             0   +  275,464
    Repurchase agreements (5)                                                    0             0            0
    Term auction credit                                                          0             0   -  109,456
    Other loans                                                             46,676    -      496   -   61,093
  Net portfolio holdings of Commercial Paper
     Funding Facility LLC (6)                                                    0             0   -   14,299
  Net portfolio holdings of Maiden Lane LLC (7)                             28,518    +        9   +    2,179
  Net portfolio holdings of Maiden Lane II LLC (8)                          16,280    -      197   +      547
  Net portfolio holdings of Maiden Lane III LLC (9)                         23,321    -      275   +      389
  Net portfolio holdings of TALF LLC (10)                                      622             0   +      622
  Preferred interests in AIA Aurora LLC and ALICO
     Holdings LLC (11)                                                      26,057             0   +   26,057
  Items in process of collection                             (91)              267    -       45   -      144
  Bank premises                                                              2,224    +        3   -        2
  Central bank liquidity swaps (12)                                             60             0   -   29,028
  Other assets (13)                                                         99,592    +    2,353   +    9,735

Total assets                                                 (91)        2,315,758    +   12,363   +  177,585
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

 
9. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
                                                       Eliminations from  Wednesday         Change since       
                                                        consolidation   Nov 10, 2010   Wednesday    Wednesday  
Assets, liabilities, and capital                                                       Nov 3, 2010 Nov 11, 2009
 
Liabilities
  Federal Reserve notes, net of F.R. Bank holdings                         933,751    +    6,020   +   52,871
  Reverse repurchase agreements (14)                                        55,088    +      497   -    5,315
  Deposits                                                    (0)        1,225,513    -    1,417   +   97,590
    Term deposits held by depository institutions                                0    -    5,113            0
    Other deposits held by depository institutions                       1,006,818    +   24,096   -   37,417
    U.S. Treasury, general account                                           8,267    -   27,751   -   54,663
    U.S. Treasury, supplementary financing account                         199,958    -        2   +  184,959
    Foreign official                                                         1,784    -      892   +       88
    Other                                                     (0)            8,685    +    8,245   +    4,622
  Deferred availability cash items                           (91)            2,205    -      279   -      955
  Other liabilities and accrued dividends (15)                              42,655    +    7,778   +   29,830

Total liabilities                                            (91)        2,259,213    +   12,600   +  174,023

Capital accounts
  Capital paid in                                                           26,727    +       13   +    1,554
  Surplus                                                                   25,910    +        6   +    4,487
  Other capital accounts                                                     3,908    -      255   -    2,479

Total capital                                                               56,545    -      237   +    3,562
 
Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight and term securities lending facilities; refer to
   table 1A.
2. Face value of the securities.
3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed
   securities.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the
   remaining principal balance of the underlying mortgages.
5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
6. Includes the book value of the commercial paper, net of amortized costs and related fees, and other
   investments held by the Commercial Paper Funding Facility LLC.
7. Refer to table 4 and the note on consolidation accompanying table 10.
8. Refer to table 5 and the note on consolidation accompanying table 10.
9.  Refer to table 6 and the note on consolidation accompanying table 10.
10. Refer to table 7 and the note on consolidation accompanying table 10.
11. Refer to table 8.
12. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when
    the foreign currency is returned to the foreign central bank. This exchange rate equals the market exchange
    rate used when the foreign currency was acquired from the foreign central bank.
13. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates,
    accrued dividends on the Federal Reserve Bank of New York's (FRBNY) preferred interests in AIA Aurora LLC
    and ALICO Holdings LLC, and the fair value adjustment to credit extended by the FRBNY to eligible borrowers
    through the Term Asset-Backed Securities Loan Facility.
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 10. Also includes funds from American International Group, Inc. asset dispositions, held
    as agent.


 
10. Statement of Condition of Each Federal Reserve Bank,  November 10, 2010
Millions of dollars
                                               Total      Boston     New York   Philadelphia Cleveland   Richmond     Atlanta     Chicago    St. Louis  Minneapolis   Kansas      Dallas        San    
Assets, liabilities, and capital                                                                                                                                       City                  Francisco 
 
Assets
  Gold certificate account                      11,037         369       4,038         404         463         846       1,385         887         324         203         296         652       1,170
  Special drawing rights certificate acct.       5,200         196       1,818         210         237         412         654         424         150          90         153         282         574
  Coin                                           2,143          67          81         171         160         316         195         328          31          59         155         228         353
  Securities, repurchase agreements,
     term auction credit, and other
     loans                                   2,100,435      51,976     884,696      47,961      69,778     233,901     194,342     154,827      52,901      28,125      70,458      86,241     225,228
    Securities held outright (1)             2,053,759      51,974     838,043      47,961      69,778     233,901     194,342     154,825      52,901      28,116      70,452      86,238     225,228
      U.S. Treasury securities                 853,041      21,588     348,086      19,921      28,983      97,152      80,721      64,308      21,973      11,678      29,263      35,820      93,550
        Bills (2)                               18,423         466       7,517         430         626       2,098       1,743       1,389         475         252         632         774       2,020
        Notes and bonds (3)                    834,618      21,121     340,568      19,491      28,357      95,054      78,978      62,919      21,498      11,426      28,631      35,046      91,529
      Federal agency debt securities (2)       149,681       3,788      61,078       3,495       5,086      17,047      14,164      11,284       3,856       2,049       5,135       6,285      16,415
      Mortgage-backed securities (4)         1,051,037      26,598     428,879      24,545      35,710     119,702      99,457      79,234      27,073      14,388      36,055      44,134     115,263
    Repurchase agreements (5)                        0           0           0           0           0           0           0           0           0           0           0           0           0
    Term auction credit                              0           0           0           0           0           0           0           0           0           0           0           0           0
    Other loans                                 46,676           3      46,654           0           0           0           0           2           0          10           5           3           0
  Net portfolio holdings of Commercial
     Paper Funding Facility LLC (6)                  0           0           0           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane LLC (7)                               28,518           0      28,518           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane II LLC (8)                            16,280           0      16,280           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane III LLC (9)                           23,321           0      23,321           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (10)          622           0         622           0           0           0           0           0           0           0           0           0           0
  Preferred interests in AIA Aurora LLC
     and ALICO Holdings LLC (11)                26,057           0      26,057           0           0           0           0           0           0           0           0           0           0
  Items in process of collection                   358          10           1          54         112           7          37          43          14           8          15          29          28
  Bank premises                                  2,224         128         255          69         141         238         217         210         135         107         265         246         213
  Central bank liquidity swaps (12)                 60           2          17           7           4          17           4           1           1           2           0           1           4
  Other assets (13)                             99,592       2,842      37,597       4,595       4,444      15,672       8,536       6,108       2,155       1,760       2,722       3,442       9,720
  Interdistrict settlement account                   0   +   3,142   + 105,928   +  26,286   -  14,094   -  34,160   -  35,798   -  28,021   -  11,096   -   2,768   -  11,874   +   2,380   +      75

Total assets                                 2,315,849      58,732   1,129,231      79,757      61,245     217,249     169,571     134,807      44,616      27,586      62,190      93,500     237,365
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

 
10. Statement of Condition of Each Federal Reserve Bank,  November 10, 2010 (continued)
Millions of dollars
                                               Total      Boston     New York   Philadelphia Cleveland   Richmond     Atlanta     Chicago    St. Louis  Minneapolis   Kansas      Dallas        San    
Assets, liabilities, and capital                                                                                                                                       City                  Francisco 
 
Liabilities
  Federal Reserve notes outstanding          1,127,185      41,037     386,036      45,676      45,902      89,498     142,957      87,342      32,764      20,120      33,583      76,398     125,872
    Less: Notes held by F.R. Banks             193,434       4,012      76,239       4,772       7,414      13,399      24,900      11,899       4,225       5,687       3,119      11,179      26,589
      Federal Reserve notes, net               933,751      37,025     309,797      40,904      38,489      76,098     118,057      75,443      28,539      14,434      30,463      65,219      99,283
  Reverse repurchase agreements (14)            55,088       1,394      22,479       1,286       1,872       6,274       5,213       4,153       1,419         754       1,890       2,313       6,041
  Deposits                                   1,225,513      18,146     742,006      31,417      16,295     121,394      42,424      53,175      13,916      10,230      29,029      24,748     122,733
    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                          1,006,818      18,116     523,516      31,412      16,291     121,268      42,422      53,159      13,913      10,229      29,027      24,747     122,717
    U.S. Treasury, general account               8,267           0       8,267           0           0           0           0           0           0           0           0           0           0
    U.S. Treasury, supplementary
       financing account                       199,958           0     199,958           0           0           0           0           0           0           0           0           0           0
    Foreign official                             1,784           1       1,756           4           3          11           2           1           0           1           0           1           3
    Other                                        8,685          28       8,509           0           1         115           0          15           2           0           1           0          14
  Deferred availability cash items               2,296          80           0         257         456          97         119         166          63         403         112          97         445
  Other liabilities and accrued
     dividends (15)                             42,655         197      38,924         247         267         755         500         417         186         145         186         262         569

Total liabilities                            2,259,304      56,842   1,113,206      74,111      57,378     204,618     166,314     133,355      44,124      25,965      61,680      92,640     229,071

Capital
  Capital paid in                               26,727         916       7,666       2,831       1,927       5,435       1,552         672         214         807         228         400       4,078
  Surplus                                       25,910         946       7,704       2,804       1,911       7,141       1,581         621         239         712         210         353       1,688
  Other capital                                  3,908          28         654          10          29          54         124         160          39         103          73         107       2,527

Total liabilities and capital                2,315,849      58,732   1,129,231      79,757      61,245     217,249     169,571     134,807      44,616      27,586      62,190      93,500     237,365
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

10. Statement of Condition of Each Federal Reserve Bank,  November 10, 2010 (continued)
1. Includes securities lent to dealers under the overnight and term securities lending facilities; refer to table 1A.
2. Face value of the securities.
3. Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such securities.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the underlying mortgages.
5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
6. Includes the book value of the commercial paper, net of amortized costs and related fees, and other investments held by the Commercial Paper Funding Facility LLC.
7. Refer to table 4 and the note on consolidation below.
8. Refer to table 5 and the note on consolidation below.
9.  Refer to table 6 and the note on consolidation below.
10. Refer to table 7 and the note on consolidation below.
11. Refer to table 8.
12. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals
    the market exchange rate used when the foreign currency was acquired from the foreign central bank.
13. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates, accrued dividends on the Federal Reserve Bank of New York's (FRBNY) preferred interests
    in AIA Aurora LLC and ALICO Holdings LLC, and the fair value adjustment to credit extended by the FRBNY to eligible borrowers through the Term Asset-Backed Securities Loan Facility.
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 below. Also includes funds from American International Group, Inc. asset
    dispositions, held as agent.


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 9), 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 9).

 
11. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
                                                                                            Wednesday   
Federal Reserve notes and collateral                                                       Nov 10, 2010 
 
Federal Reserve notes outstanding                                                          1,127,185
  Less: Notes held by F.R. Banks not subject to collateralization                            193,434
    Federal Reserve notes to be collateralized                                               933,751
Collateral held against Federal Reserve notes                                                933,751
  Gold certificate account                                                                    11,037
  Special drawing rights certificate account                                                   5,200
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   917,514
  Other assets pledged                                                                             0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                     2,053,759
  Less: Face value of securities under reverse repurchase agreements                          48,678
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged      2,005,081
 
Note: Components may not sum to totals because of rounding.

1. Includes face value of U.S. Treasury, agency debt, and mortgage-backed securities held outright,
   compensation to adjust for the effect of inflation on the original face value of inflation-indexed
   securities, and cash value of repurchase agreements.
2. Includes securities lent to dealers under the overnight and term securities lending facilities; refer
   to table 1A.