FEDERAL RESERVE statistical release

For Release at

4:30 P.M. EDT 

June 12, 2014

Table 10 line items “Less: Face value of securities under reverse repurchase agreements” and “U.S. 

Treasury, agency debt, and mortgage-backed securities eligible to be pledged” have been corrected 

to include securities pledged as collateral for tri-party reverse repurchase agreements. 

The revised data are reported at the following 

link: http://www.federalreserve.gov/releases/h41/2014update.htm. 

Historical data incorporating this correction can be accessed through the Data Download Program 

(DDP) at http://www.federalreserve.gov/datadownload/Choose.aspx?rel=H41. 
FEDERAL RESERVE statistical release

For release at

4:30 P.M. EST

January 30, 2014

The weekly average values, shown in table 1, reflect the December 31, 2013, quarterly updates

to the fair values of the net portfolio holdings of Maiden Lane LLC and the fair value adjustment

of the Term Asset-Backed Securities Loan Facility, or TALF, which is included in “Other

Federal Reserve assets.” The amounts for the first six days of this reporting week are based on

the values as of September 30, 2013, and the amounts for the last day of the reporting week are

based on the values as of December 31, 2013.
FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and

Condition Statement of Federal Reserve Banks January 30, 2014

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

Jan 29, 2014 Jan 22, 2014 Jan 30, 2013

Wednesday

Jan 29, 2014

Reserve Bank credit 4,058,606 + 13,490 +1,096,039 4,059,312

Securities held outright1 3,828,903 + 12,951 +1,082,048 3,830,311

U.S. Treasury securities 2,237,617 + 9,571 + 534,118 2,243,176

Bills2 0 0 0 0

Notes and bonds, nominal2 2,131,637 + 9,617 + 514,951 2,137,215

Notes and bonds, inflation-indexed2 92,615 0 + 16,485 92,615

Inflation compensation3 13,364 - 46 + 2,681 13,346

Federal agency debt securities2 54,911 0 - 20,200 54,911

Mortgage-backed securities4 1,536,375 + 3,380 + 568,130 1,532,224

Unamortized premiums on securities held outright5 208,985 - 74 + 31,754 208,782

Unamortized discounts on securities held outright5 -13,839 - 511 - 12,199 -14,086

Repurchase agreements6 0 0 0 0

Loans 131 + 11 - 424 127

Primary credit 17 + 11 + 12 13

Secondary credit 0 0 0 0

Seasonal credit 18 + 1 + 15 18

Term Asset-Backed Securities Loan Facility7 96 - 1 - 451 96

Other credit extensions 0 0 0 0

Net portfolio holdings of Maiden Lane LLC8 1,550 + 7 + 135 1,579

Net portfolio holdings of Maiden Lane II LLC9 63 0 + 2 63

Net portfolio holdings of Maiden Lane III LLC10 22 0 0 22

Net portfolio holdings of TALF LLC11 108 + 1 - 749 108

Float -506 + 66 - 2,744 -464

Central bank liquidity swaps12 261 + 1 - 7,769 261

Other Federal Reserve assets13 32,929 + 1,039 + 5,985 32,610

Foreign currency denominated assets14 23,939 + 275 - 855 23,961

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding15 45,595 + 14 + 764 45,595

Total factors supplying reserve funds 4,144,381 + 13,779 +1,095,948 4,145,109

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

Jan 29, 2014 Jan 22, 2014 Jan 30, 2013

Wednesday

Jan 29, 2014

Currency in circulation15 1,224,845 - 1,423 + 70,023 1,226,462

Reverse repurchase agreements16 183,860 - 428 + 90,941 195,428

Foreign official and international accounts 101,447 - 6,267 + 8,528 101,152

Others 82,413 + 5,838 + 82,413 94,276

Treasury cash holdings 261 + 6 + 77 260

Deposits with F.R. Banks, other than reserve balances 152,719 + 19,442 + 48,877 134,529

Term deposits held by depository institutions 12,822 0 + 9,786 12,822

U.S. Treasury, General Account 89,337 + 11,539 + 18,210 95,632

Foreign official 8,050 0 + 618 8,062

Other 42,510 + 7,904 + 20,264 18,013

Other liabilities and capital17 63,499 - 124 - 436 62,656

Total factors, other than reserve balances,

absorbing reserve funds 1,625,183 + 17,471 + 209,481 1,619,336

Reserve balances with Federal Reserve Banks 2,519,198 - 3,692 + 886,466 2,525,773

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

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

2. Face value of the securities.

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

4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of

the securities.

5. Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been

amortized. For U.S. Treasury and Federal agency debt securities, amortization is on a straight-line basis. For mortgage-backed securities,

amortization is on an effective-interest basis.

6. Cash value of agreements.

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

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

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

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

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

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

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

foreign central bank.

13. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable. Also, includes Reserve Bank

premises and equipment net of allowances for depreciation.

14. Revalued daily at current foreign currency exchange rates.

15. Estimated.

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

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

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

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

table 9.

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

1A. Memorandum Items

Millions of dollars

Averages of daily figures

Memorandum item Week ended Change from week ended

Jan 29, 2014 Jan 22, 2014 Jan 30, 2013

Wednesday

Jan 29, 2014

Securities held in custody for foreign official and international

accounts 3,334,528 - 10,151 + 79,637 3,324,824

Marketable U.S. Treasury securities1 2,982,885 - 11,264 + 70,726 2,973,468

Federal agency debt and mortgage-backed securities2 307,365 + 846 + 1,426 306,816

Other securities3 44,278 + 268 + 7,484 44,540

Securities lent to dealers 11,574 + 349 - 5,052 10,588

Overnight facility4 11,574 + 349 - 5,052 10,588

U.S. Treasury securities 10,457 + 187 - 5,484 9,469

Federal agency debt securities 1,117 + 161 + 432 1,119

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

1. Includes securities and U.S. Treasury STRIPS at face value, and inflation compensation on TIPS. Does not include securities pledged as collateral

to foreign official and international account holders against reverse repurchase agreements with the Federal Reserve presented in tables 1, 8, and 9.

2. Face value of federal agency securities and current face value of mortgage-backed securities, which is the remaining principal balance of the

securities.

3. Includes non-marketable U.S. Treasury securities, supranationals, corporate bonds, asset-backed securities, and commercial paper at face value.

4. Face value. Fully collateralized by U.S. Treasury securities.

2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, January 29, 2014

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 31 0 64 33 0 ... 127

U.S. Treasury securities2

Holdings 1 298 176 767,709 883,213 591,779 2,243,176

Weekly changes 0 0 0 - 7 + 9,089 + 2,664 + 11,746

Federal agency debt securities3

Holdings 3,500 6,446 7,377 35,179 62 2,347 54,911

Weekly changes 0 + 1,629 - 1,629 0 0 0 0

Mortgage-backed securities4

Holdings 0 0 0 5 2,675 1,529,543 1,532,224

Weekly changes 0 0 0 0 - 41 - 7,203 - 7,243

Asset-backed securities held by

TALF LLC5 0 0 0 0 0 0 0

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

Central bank liquidity swaps7 133 128 0 0 0 0 261

Reverse repurchase agreements6 195,428 0 ... ... ... ... 195,428

Term deposits 12,822 0 0 ... ... ... 12,822

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

...Not applicable.

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

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

under generally accepted accounting principles.

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

original face value of such securities.

3. Face value.

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

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

6. Cash value of agreements.

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

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

central bank.
H.4.1

3. Supplemental Information on Mortgage-Backed Securities

Millions of dollars

Wednesday Account name Jan 29, 2014

Mortgage-backed securities held outright1 1,532,224

Commitments to buy mortgage-backed securities2 52,268

Commitments to sell mortgage-backed securities2 29

Cash and cash equivalents3 16

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

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

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

4. Information on Principal Accounts of Maiden Lane LLC

Millions of dollars

Wednesday Account name Jan 29, 2014

Net portfolio holdings of Maiden Lane LLC1 1,579

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, 2013. Any assets purchased after

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

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

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

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

table 8 and table 9.

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

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

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

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

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

5. Information on Principal Accounts of Maiden Lane II LLC

Millions of dollars

Wednesday Account name Jan 29, 2014

Net portfolio holdings of Maiden Lane II LLC1 63

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, 2013. Any assets purchased after

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

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

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

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

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

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

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

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

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

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

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

subsidiaries.
H.4.1

6. Information on Principal Accounts of Maiden Lane III LLC

Millions of dollars

Wednesday Account name Jan 29, 2014

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, 2013. Any assets purchased after

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

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

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

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

table 8 and table 9.

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

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

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

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

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

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

7. Information on Principal Accounts of TALF LLC

Millions of dollars

Wednesday Account name Jan 29, 2014

Asset-backed securities holdings1 0

Other investments, net 108

Net portfolio holdings of TALF LLC 108

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

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

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

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

market on the measurement date.

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

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

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

and table 9.

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

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

to five years to holders of eligible asset-backed securities. The Federal Reserve closed the TALF for new loan extensions in 2010. The loans provided through

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

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

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

TALF loan at a price equal to the TALF loan plus accrued but unpaid interest. Prior to January 15, 2013, the U.S. Treasury's Troubled Asset Relief Program

(TARP) committed backup funding to TALF LLC, providing credit protection to the FRBNY. However, the accumulated fees and income collected through the

TALF and held by TALF LLC now exceed the remaining amount of TALF loans outstanding. Accordingly, the TARP credit protection commitment has been

terminated, and TALF LLC has begun to distribute excess proceeds to the Treasury and the FRBNY. Any remaining funds will be shared by the FRBNY and

the U.S. Treasury.
H.4.1

8. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Assets, liabilities, and capital Wednesday Wednesday Eliminations from

consolidation

Wednesday

Jan 29, 2014 Jan 22, 2014 Jan 30, 2013

Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 5,200 0 0

Coin 2,019 + 19 - 177

Securities, unamortized premiums and discounts,

repurchase agreements, and loans 4,025,133 + 3,500 +1,097,717

Securities held outright1 3,830,311 + 4,503 +1,079,359

U.S. Treasury securities 2,243,176 + 11,746 + 533,118

Bills2 0 0 0

Notes and bonds, nominal2 2,137,215 + 11,795 + 513,936

Notes and bonds, inflation-indexed2 92,615 0 + 16,485

Inflation compensation3 13,346 - 49 + 2,697

Federal agency debt securities2 54,911 0 - 20,200

Mortgage-backed securities4 1,532,224 - 7,243 + 566,440

Unamortized premiums on securities held outright5 208,782 - 443 + 31,231

Unamortized discounts on securities held outright5 -14,086 - 565 - 12,420

Repurchase agreements6 0 0 0

Loans 127 + 6 - 452

Net portfolio holdings of Maiden Lane LLC7 1,579 + 33 + 179

Net portfolio holdings of Maiden Lane II LLC8 63 0 + 2

Net portfolio holdings of Maiden Lane III LLC9 22 0 0

Net portfolio holdings of TALF LLC10 108 0 - 749

Items in process of collection (0) 144 - 56 + 27

Bank premises 2,286 0 - 49

Central bank liquidity swaps11 261 + 1 - 7,769

Foreign currency denominated assets12 23,961 + 318 - 912

Other assets13 30,326 + 409 + 5,166

Total assets (0) 4,102,138 + 4,224 +1,093,434

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

Jan 29, 2014 Jan 22, 2014 Jan 30, 2013

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 1,183,141 + 469 + 69,282

Reverse repurchase agreements14 195,428 - 6,526 + 96,996

Deposits (0) 2,660,304 + 10,906 + 927,741

Term deposits held by depository institutions 12,822 0 + 9,786

Other deposits held by depository institutions 2,525,775 + 31,044 + 880,781

U.S. Treasury, General Account 95,632 - 1,092 + 24,327

Foreign official 8,062 + 2 + 629

Other (0) 18,013 - 19,048 + 12,219

Deferred availability cash items (0) 609 - 515 - 201

Other liabilities and accrued dividends15 7,623 - 111 - 629

Total liabilities (0) 4,047,106 + 4,223 +1,093,190

Capital accounts

Capital paid in 27,516 + 1 + 122

Surplus 27,516 + 1 + 122

Other capital accounts 0 0 0

Total capital 55,033 + 2 + 245

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

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

2. Face value of the securities.

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

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

5. Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been

amortized. For U.S. Treasury and Federal agency debt securities, amortization is on a straight-line basis. For mortgage-backed securities,

amortization is on an effective-interest basis.

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

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

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

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

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

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

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

central bank.

12. Revalued daily at current foreign currency exchange rates.

13. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.

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

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

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

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

9. Statement of Condition of Each Federal Reserve Bank, January 29, 2014

Millions of dollars

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

Assets

Gold certificate account 11,037 391 3,925 397 512 856 1,421 792 310 190 309 728 1,206

Special drawing rights certificate acct. 5,200 196 1,818 210 237 412 654 424 150 90 153 282 574

Coin 2,019 36 89 126 132 345 240 289 22 52 157 191 340

Securities, unamortized premiums and

discounts, repurchase agreements,

and loans 4,025,133 105,254 2,232,127 116,622 102,795 250,278 267,380 217,500 64,764 38,207 76,154 156,301 397,751

Securities held outright1 3,830,311 100,159 2,124,064 110,980 97,822 238,172 254,442 206,976 61,631 36,347 72,465 148,740 378,511

U.S. Treasury securities 2,243,176 58,657 1,243,933 64,994 57,288 139,483 149,011 121,213 36,093 21,286 42,438 87,108 221,671

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

Notes and bonds3 2,243,176 58,657 1,243,933 64,994 57,288 139,483 149,011 121,213 36,093 21,286 42,438 87,108 221,671

Federal agency debt securities2 54,911 1,436 30,450 1,591 1,402 3,414 3,648 2,967 884 521 1,039 2,132 5,426

Mortgage-backed securities4 1,532,224 40,066 849,681 44,395 39,131 95,275 101,784 82,796 24,654 14,540 28,988 59,500 151,414

Unamortized premiums on securities 

held outright5 208,782 5,459 115,778 6,049 5,332 12,982 13,869 11,282 3,359 1,981 3,950 8,108 20,632

Unamortized discounts on securities 

held outright5 -14,086 -368 -7,811 -408 -360 -876 -936 -761 -227 -134 -266 -547 -1,392

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

Loans 127 4 96 0 0 0 4 3 1 13 5 0 0

Net portfolio holdings of Maiden

Lane LLC7 1,579 0 1,579 0 0 0 0 0 0 0 0 0 0

Net portfolio holdings of Maiden

Lane II LLC8 63 0 63 0 0 0 0 0 0 0 0 0 0

Net portfolio holdings of Maiden

Lane III LLC9 22 0 22 0 0 0 0 0 0 0 0 0 0

Net portfolio holdings of TALF LLC10 108 0 108 0 0 0 0 0 0 0 0 0 0

Items in process of collection 144 0 0 0 0 0 144 0 0 0 0 0 0

Bank premises 2,286 124 431 72 110 227 211 202 127 99 247 231 204

Central bank liquidity swaps11 261 13 83 20 20 55 15 7 2 1 3 4 37

Foreign currency denominated assets12 23,961 1,177 7,661 1,853 1,869 5,031 1,365 683 200 100 242 380 3,398

Other assets13 30,326 834 16,322 886 786 2,059 2,023 1,627 551 352 595 1,315 2,975

Interdistrict settlement account 0 - 28,807 + 343,295 - 19,658 - 22,374 - 42,908 - 68,804 - 73,478 - 22,090 - 17,593 - 29,264 - 44,608 + 26,288

Total assets 4,102,138 79,218 2,607,523 100,529 84,087 216,356 204,649 148,048 44,035 21,500 48,595 114,824 432,774

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, January 29, 2014 (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 1,386,486 44,675 508,556 41,556 59,424 103,613 167,500 87,918 34,560 20,973 36,456 119,700 161,556

Less: Notes held by F.R. Banks 203,345 6,011 36,692 5,766 6,417 9,356 18,788 14,122 3,798 8,598 10,526 53,778 29,494

Federal Reserve notes, net 1,183,141 38,664 471,864 35,790 53,007 94,257 148,711 73,795 30,762 12,375 25,931 65,922 132,062

Reverse repurchase agreements14 195,428 5,110 108,373 5,662 4,991 12,152 12,982 10,560 3,144 1,854 3,697 7,589 19,312

Deposits 2,660,304 32,727 2,005,366 54,691 21,471 97,827 38,838 61,813 9,505 6,794 18,225 40,142 272,905

Term deposits held by depository

institutions 12,822 0 9,801 0 0 20 480 1,356 30 85 90 105 855

Other deposits held by depository

institutions 2,525,775 32,725 1,873,975 54,668 21,468 97,755 38,346 60,448 9,475 6,708 18,133 40,031 272,043

U.S. Treasury, General Account 95,632 0 95,632 0 0 0 0 0 0 0 0 0 0

Foreign official 8,062 2 8,035 3 3 8 2 1 0 0 0 1 6

Other 18,013 1 17,923 20 0 43 10 9 0 0 1 6 1

Deferred availability cash items 609 0 0 0 0 0 491 0 0 118 0 0 0

Interest on Federal Reserve notes due

to U.S. Treasury15 1,981 61 1,018 74 69 170 137 93 31 15 23 76 213

Other liabilities and accrued

dividends16 5,642 153 3,212 175 174 477 324 266 122 110 133 179 317

Total liabilities 4,047,106 76,716 2,589,833 96,392 79,712 204,883 201,484 146,528 43,565 21,266 48,009 113,908 424,809

Capital

Capital paid in 27,516 1,251 8,845 2,068 2,188 5,737 1,582 760 235 117 293 458 3,982

Surplus 27,516 1,251 8,845 2,068 2,188 5,737 1,582 760 235 117 293 458 3,982

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

Total liabilities and capital 4,102,138 79,218 2,607,523 100,529 84,087 216,356 204,649 148,048 44,035 21,500 48,595 114,824 432,774

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, January 29, 2014 (continued)

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

2. Face value of the securities.

3. Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such securities.

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

5. Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt

securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an effective-interest basis.

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

7. Refer to table 4 and the note on consolidation below.

8. Refer to table 5 and the note on consolidation below.

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

10. Refer to table 7 and the note on consolidation below.

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

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

12. Revalued daily at current foreign currency exchange rates.

13. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.

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

15. Represents the estimated weekly remittances to U.S. Treasury as interest on Federal Reserve notes or, in those cases where the Reserve Bank’s net earnings are not sufficient to equate surplus

to capital paid-in, the deferred asset for interest on Federal Reserve notes. The amount of any deferred asset, which is presented as a negative amount in this line, represents the amount of the

Federal Reserve Bank’s earnings that must be retained before remittances to the U.S. Treasury resume. The amounts on this line are calculated in accordance with Board of Governors policy,

which requires the Federal Reserve Banks to remit residual earnings to the U.S. Treasury as interest on Federal Reserve notes after providing for the costs of operations, payment of dividends,

and the amount necessary to equate surplus with capital paid-in.

16. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to entities other than the Federal Reserve Bank of New York, including liabilities that have

recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation below.

Note on consolidation:

The Federal Reserve Bank of New York (FRBNY) has extended loans to several limited liability companies under the authority of section 13(3) of the Federal Reserve Act. On June 26, 2008, a loan

was extended to Maiden Lane LLC, which was formed to acquire certain assets of Bear Stearns. On November 25, 2008, a loan was extended to Maiden Lane III LLC, which was formed to purchase

multi-sector collateralized debt obligations on which the Financial Products group of the American International Group, Inc. has written credit default swap contracts. On December 12, 2008, a loan

was extended to Maiden Lane II LLC, which was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment portfolio of subsidiaries of American

International Group, Inc. On November 25, 2008, the Federal Reserve Board authorized the FRBNY to extend credit to TALF LLC, which was formed to purchase and manage any asset-backed

securities received by the FRBNY in connection with the decision of a borrower not to repay a loan extended under the Term Asset-Backed Securities Loan Facility.

The FRBNY is the primary beneficiary of TALF LLC, because of the two beneficiaries of the LLC, the FRBNY and the U.S. Treasury, the FRBNY is primarily responsible for directing the financial activities of

TALF LLC. The FRBNY is the primary beneficiary of the other LLCs cited above because it will receive a majority of any residual returns of the LLCs and absorb a majority of any residual losses of the LLCs.

Consistent with generally accepted accounting principles, the assets and liabilities of these LLCs have been consolidated with the assets and liabilities of the FRBNY in the preparation of the statements of

condition shown on this release. As a consequence of the consolidation, the extensions of credit from the FRBNY to the LLCs are eliminated, the net assets of the LLCs appear as assets on the previous page

(and in table 1 and table 8), and the liabilities of the LLCs to entities other than the FRBNY, including those with recourse only to the portfolio holdings of the LLCs, are included in other liabilities in this table

(and table 1 and table 8).
H.4.1

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

Millions of dollars

Wednesday Federal Reserve notes and collateral Jan 29, 2014

Federal Reserve notes outstanding 1,386,486

Less: Notes held by F.R. Banks not subject to collateralization 203,345

Federal Reserve notes to be collateralized 1,183,141

Collateral held against Federal Reserve notes 1,183,141

Gold certificate account 11,037

Special drawing rights certificate account 5,200

U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 1,166,904

Other assets pledged 0

Memo:

Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 3,830,311

Less: Face value of securities under reverse repurchase agreements 189,836

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 3,640,474

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.