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. EDT

October 31, 2013

The weekly average values, shown in table 1, reflect the September 30, 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 June 30, 2013, and the amounts for the last day of the reporting week are based

on the values as of September 30, 2013.
FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and

Condition Statement of Federal Reserve Banks October 31, 2013

1. Factors Affecting Reserve Balances of Depository Institutions

Millions of dollars

Averages of daily figures

Change from week ended

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Week ended

Oct 30, 2013 Oct 23, 2013 Oct 31, 2012

Wednesday

Oct 30, 2013

Reserve Bank credit 3,795,320 + 12,917 +1,011,921 3,800,048

Securities held outright1 3,566,391 + 12,706 + 982,180 3,570,518

U.S. Treasury securities 2,112,637 + 11,478 + 462,340 2,117,750

Bills2 0 0 0 0

Notes and bonds, nominal2 2,010,481 + 11,450 + 442,462 2,015,584

Notes and bonds, inflation-indexed2 88,589 0 + 16,645 88,589

Inflation compensation3 13,567 + 28 + 3,233 13,577

Federal agency debt securities2 59,080 - 155 - 22,822 59,080

Mortgage-backed securities4 1,394,674 + 1,383 + 542,661 1,393,687

Unamortized premiums on securities held outright5 205,439 + 70 + 46,262 205,484

Unamortized discounts on securities held outright5 -8,357 - 254 - 6,725 -8,415

Repurchase agreements6 0 0 0 0

Loans 233 - 10 - 1,084 212

Primary credit 17 - 2 - 9 1

Secondary credit 0 0 0 0

Seasonal credit 116 - 8 + 68 111

Term Asset-Backed Securities Loan Facility7 100 0 - 1,143 100

Other credit extensions 0 0 0 0

Net portfolio holdings of Maiden Lane LLC8 1,497 + 4 - 64 1,515

Net portfolio holdings of Maiden Lane II LLC9 64 0 + 3 64

Net portfolio holdings of Maiden Lane III LLC10 22 0 - 1 22

Net portfolio holdings of TALF LLC11 111 0 - 744 111

Float -553 + 80 + 40 -604

Central bank liquidity swaps12 272 0 - 12,631 272

Other Federal Reserve assets13 30,202 + 321 + 4,685 30,871

Foreign currency denominated assets14 24,497 + 101 - 1,128 24,432

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding15 45,378 + 14 + 686 45,378

Total factors supplying reserve funds 3,881,436 + 13,032 +1,011,479 3,886,099

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

Oct 30, 2013 Oct 23, 2013 Oct 31, 2012

Wednesday

Oct 30, 2013

Currency in circulation15 1,217,226 + 1,460 + 80,451 1,218,754

Reverse repurchase agreements16 111,516 - 6,441 + 12,541 114,290

Foreign official and international accounts 108,048 - 3,513 + 9,073 108,834

Others 3,468 - 2,928 + 3,468 5,456

Treasury cash holdings 196 + 12 + 53 206

Deposits with F.R. Banks, other than reserve balances 62,437 - 49,396 - 11,823 53,971

Term deposits held by depository institutions 0 0 0 0

U.S. Treasury, General Account 31,806 - 12,387 - 22,099 30,725

Foreign official 8,653 - 7 + 2,755 8,653

Other 21,978 - 37,001 + 7,521 14,592

Other liabilities and capital17 65,144 - 75 - 247 63,935

Total factors, other than reserve balances,

absorbing reserve funds 1,456,519 - 54,439 + 80,975 1,451,155

Reserve balances with Federal Reserve Banks 2,424,917 + 67,471 + 930,503 2,434,944

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

Oct 30, 2013 Oct 23, 2013 Oct 31, 2012

Wednesday

Oct 30, 2013

Securities held in custody for foreign official and international

accounts 3,316,184 - 5,913 + 129,829 3,316,109

Marketable U.S. Treasury securities1 2,955,207 - 9,326 + 129,735 2,955,009

Federal agency debt and mortgage-backed securities2 320,406 + 3,218 - 3,205 320,481

Other securities3 40,571 + 194 + 3,299 40,619

Securities lent to dealers 16,854 + 1,512 + 8,802 19,310

Overnight facility4 16,854 + 1,512 + 8,802 19,310

U.S. Treasury securities 15,757 + 1,493 + 8,374 18,315

Federal agency debt securities 1,097 + 19 + 428 995

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, October 30, 2013

Millions of dollars

Remaining Maturity Within 15

days

16 days to

90 days

91 days to

1 year

Over 1 year

to 5 years

Over 5 year

to 10 years

Over 10

years

All

Loans1 101 12 63 36 0 ... 212

U.S. Treasury securities2

Holdings 1 4 384 685,278 882,128 549,955 2,117,750

Weekly changes 0 0 0 + 22,553 - 14,316 + 3,038 + 11,275

Federal agency debt securities3

Holdings 0 4,169 15,211 37,291 62 2,347 59,080

Weekly changes 0 0 0 0 0 0 0

Mortgage-backed securities4

Holdings 0 0 0 3 2,585 1,391,099 1,393,687

Weekly changes 0 0 - 1 0 - 35 - 6,949 - 6,984

Asset-backed securities held by

TALF LLC5 0 0 0 0 0 0 0

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

Central bank liquidity swaps7 131 141 0 0 0 0 272

Reverse repurchase agreements6 114,290 0 ... ... ... ... 114,290

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. 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 Oct 30, 2013

Mortgage-backed securities held outright1 1,393,687

Commitments to buy mortgage-backed securities2 71,786

Commitments to sell mortgage-backed securities2 0

Cash and cash equivalents3 49

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 Oct 30, 2013

Net portfolio holdings of Maiden Lane LLC1 1,515

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 September 30, 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 Oct 30, 2013

Net portfolio holdings of Maiden Lane II LLC1 64

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 September 30, 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 Oct 30, 2013

Net portfolio holdings of Maiden Lane III LLC1 22

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

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

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

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

orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of September 30, 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 Oct 30, 2013

Asset-backed securities holdings1 0

Other investments, net 111

Net portfolio holdings of TALF LLC 111

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

Oct 30, 2013 Oct 23, 2013 Oct 31, 2012

Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 5,200 0 0

Coin 1,973 - 1 - 181

Securities, unamortized premiums and discounts,

repurchase agreements, and loans 3,767,799 + 3,996 +1,029,285

Securities held outright1 3,570,518 + 4,292 + 991,244

U.S. Treasury securities 2,117,750 + 11,275 + 472,416

Bills2 0 0 0

Notes and bonds, nominal2 2,015,584 + 11,248 + 452,565

Notes and bonds, inflation-indexed2 88,589 0 + 16,645

Inflation compensation3 13,577 + 28 + 3,206

Federal agency debt securities2 59,080 0 - 22,822

Mortgage-backed securities4 1,393,687 - 6,984 + 541,648

Unamortized premiums on securities held outright5 205,484 - 122 + 45,892

Unamortized discounts on securities held outright5 -8,415 - 147 - 6,801

Repurchase agreements6 0 0 0

Loans 212 - 27 - 1,050

Net portfolio holdings of Maiden Lane LLC7 1,515 + 20 - 57

Net portfolio holdings of Maiden Lane II LLC8 64 0 + 3

Net portfolio holdings of Maiden Lane III LLC9 22 0 - 1

Net portfolio holdings of TALF LLC10 111 0 - 744

Items in process of collection (0) 101 + 8 - 27

Bank premises 2,298 + 10 - 55

Central bank liquidity swaps11 272 0 - 12,631

Foreign currency denominated assets12 24,432 - 99 - 1,188

Other assets13 28,574 + 428 + 5,856

Total assets (0) 3,843,396 + 4,363 +1,020,259

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

Oct 30, 2013 Oct 23, 2013 Oct 31, 2012

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 1,175,550 + 1,579 + 75,975

Reverse repurchase agreements14 114,290 - 6,945 + 14,542

Deposits (0) 2,488,916 + 10,278 + 930,899

Term deposits held by depository institutions 0 0 0

Other deposits held by depository institutions 2,434,946 + 52,353 +1,000,546

U.S. Treasury, General Account 30,725 - 4,966 - 69,241

Foreign official 8,653 + 1 + 2,662

Other (0) 14,592 - 37,110 - 3,068

Deferred availability cash items (0) 705 + 44 - 353

Other liabilities and accrued dividends15 9,080 - 554 - 899

Total liabilities (0) 3,788,542 + 4,403 +1,020,165

Capital accounts

Capital paid in 27,427 - 20 + 47

Surplus 27,427 - 20 + 47

Other capital accounts 0 0 0

Total capital 54,855 - 39 + 95

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, October 30, 2013

Millions of dollars

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

Assets

Gold certificate account 11,037 391 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 1,973 34 88 126 132 339 207 283 29 46 148 187 353

Securities, unamortized premiums and

discounts, repurchase agreements,

and loans 3,767,799 98,519 2,089,381 109,163 96,220 234,272 250,287 203,596 60,639 35,795 71,297 146,316 372,313

Securities held outright1 3,570,518 93,365 1,979,998 103,453 91,187 222,018 237,185 192,938 57,451 33,881 67,550 138,652 352,838

U.S. Treasury securities 2,117,750 55,377 1,174,379 61,360 54,085 131,683 140,679 114,436 34,075 20,096 40,066 82,237 209,276

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

Notes and bonds3 2,117,750 55,377 1,174,379 61,360 54,085 131,683 140,679 114,436 34,075 20,096 40,066 82,237 209,276

Federal agency debt securities2 59,080 1,545 32,762 1,712 1,509 3,674 3,925 3,192 951 561 1,118 2,294 5,838

Mortgage-backed securities4 1,393,687 36,444 772,857 40,381 35,593 86,661 92,581 75,310 22,425 13,225 26,367 54,120 137,724

Unamortized premiums on securities 

held outright5 205,484 5,373 113,949 5,954 5,248 12,777 13,650 11,104 3,306 1,950 3,888 7,979 20,306

Unamortized discounts on securities 

held outright5 -8,415 -220 -4,667 -244 -215 -523 -559 -455 -135 -80 -159 -327 -832

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

Loans 212 0 100 0 0 0 12 9 18 44 18 11 0

Net portfolio holdings of Maiden

Lane LLC7 1,515 0 1,515 0 0 0 0 0 0 0 0 0 0

Net portfolio holdings of Maiden

Lane II LLC8 64 0 64 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 111 0 111 0 0 0 0 0 0 0 0 0 0

Items in process of collection 101 0 0 0 0 0 100 0 0 0 0 0 0

Bank premises 2,298 121 436 73 112 228 211 204 127 100 248 233 205

Central bank liquidity swaps11 272 13 87 21 21 57 15 8 2 1 3 4 39

Foreign currency denominated assets12 24,432 1,201 7,812 1,889 1,906 5,130 1,392 697 204 102 247 388 3,465

Other assets13 28,574 782 15,362 835 739 1,976 1,907 1,529 528 333 562 1,231 2,790

Interdistrict settlement account 0 - 23,616 + 285,316 - 33,369 - 17,752 - 29,553 - 54,650 - 63,620 - 17,026 - 15,039 - 26,604 - 35,901 + 31,814

Total assets 3,843,396 77,639 2,405,937 79,346 82,127 213,717 201,546 143,914 44,963 21,619 46,363 113,466 412,758

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, October 30, 2013 (continued)

Millions of dollars

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

Liabilities

Federal Reserve notes outstanding 1,453,520 45,968 537,608 43,374 60,404 110,133 176,841 92,856 36,284 22,753 38,174 119,521 169,603

Less: Notes held by F.R. Banks 277,970 11,598 71,076 7,902 7,874 12,257 27,208 20,827 3,825 10,232 12,146 56,746 36,279

Federal Reserve notes, net 1,175,550 34,369 466,532 35,473 52,531 97,876 149,632 72,029 32,460 12,521 26,028 62,775 133,324

Reverse repurchase agreements14 114,290 2,989 63,379 3,311 2,919 7,107 7,592 6,176 1,839 1,085 2,162 4,438 11,294

Deposits 2,488,916 37,444 1,854,084 36,012 21,999 96,486 39,968 63,691 9,987 7,454 17,412 44,970 259,408

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 2,434,946 37,442 1,800,402 35,981 21,996 96,285 39,957 63,669 9,987 7,454 17,410 44,967 259,396

U.S. Treasury, General Account 30,725 0 30,725 0 0 0 0 0 0 0 0 0 0

Foreign official 8,653 2 8,626 3 3 8 2 1 0 0 0 1 6

Other 14,592 1 14,330 28 0 193 10 21 0 0 1 3 7

Deferred availability cash items 705 0 0 0 0 0 547 0 0 158 0 0 0

Interest on Federal Reserve notes due

to U.S. Treasury15 1,562 33 886 40 35 68 127 82 34 16 29 62 149

Other liabilities and accrued

dividends16 7,518 250 3,583 289 285 748 524 420 179 152 168 303 618

Total liabilities 3,788,542 75,085 2,388,464 75,125 77,768 202,285 198,391 142,397 44,499 21,387 45,799 112,548 404,793

Capital

Capital paid in 27,427 1,277 8,737 2,110 2,179 5,716 1,577 758 232 116 282 459 3,982

Surplus 27,427 1,277 8,737 2,110 2,179 5,716 1,577 758 232 116 282 459 3,982

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

Total liabilities and capital 3,843,396 77,639 2,405,937 79,346 82,127 213,717 201,546 143,914 44,963 21,619 46,363 113,466 412,758

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, October 30, 2013 (continued)

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

2. Face value of the securities.

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

4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. 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 Oct 30, 2013

Federal Reserve notes outstanding 1,453,520

Less: Notes held by F.R. Banks not subject to collateralization 277,970

Federal Reserve notes to be collateralized 1,175,550

Collateral held against Federal Reserve notes 1,175,550

Gold certificate account 11,037

Special drawing rights certificate account 5,200

U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 1,159,313

Other assets pledged 0

Memo:

Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 3,570,518

Less: Face value of securities under reverse repurchase agreements 103,464

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 3,467,054

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.