FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and

Condition Statement of Federal Reserve Banks February 4, 2010

1. Factors Affecting Reserve Balances of Depository Institutions

Millions of dollars

Averages of daily figures Wednesday

 Feb 3, 2010 Week ended

 Feb 3, 2010

Change from week ended

Jan 27, 2010 Feb 4, 2009

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Reserve Bank credit 2,231,377 - 3,299 + 390,940 2,231,347

Securities held outright1 1,910,885 - 1,805 +1,399,445 1,911,604

U.S. Treasury securities 776,620 + 4 + 301,586 776,614

Bills2 18,423 0 0 18,423

Notes and bonds, nominal2 708,872 0 + 295,958 708,872

Notes and bonds, inflation-indexed2 43,777 0 + 4,399 43,777

Inflation compensation3 5,549 + 5 + 1,229 5,542

Federal agency debt securities2 164,097 + 1,264 + 135,068 164,662

Mortgage-backed securities4 970,168 - 3,073 + 962,791 970,327

Repurchase agreements5 0 0 0 0

Term auction credit 38,531 0 - 374,352 38,531

Other loans 88,989 + 1,614 - 64,703 88,301

Primary credit 14,767 - 88 - 52,659 14,708

Secondary credit 964 - 21 + 959 900

Seasonal credit 1 + 1 - 1 2

Primary dealer and other broker-dealer credit6 0 0 - 30,264 0

Asset-Backed Commercial Paper Money Market

Mutual Fund Liquidity Facility 0 0 - 16,981 0

Credit extended to American International

Group, Inc., net7 25,934 + 1,494 - 13,079 25,662

Term Asset-Backed Securities Loan Facility, net8 47,322 + 228 + 47,322 47,029

Other credit extensions 0 0 0 0

Net portfolio holdings of Commercial Paper

Funding Facility LLC9 8,664 - 2,535 - 250,651 8,668

Net portfolio holdings of Maiden Lane LLC10 26,788 + 27 + 1,003 26,822

Net portfolio holdings of Maiden Lane II LLC11 15,497 + 71 - 3,468 15,498

Net portfolio holdings of Maiden Lane III LLC12 22,497 + 25 - 4,967 22,554

Net portfolio holdings of TALF LLC13 334 + 5 + 334 334

Preferred interests in AIA Aurora LLC and ALICO

Holdings LLC14 25,106 0 + 25,106 25,106

Float -1,969 + 14 - 173 -2,267

Central bank liquidity swaps15 100 - 75 - 388,691 100

Other Federal Reserve assets16 95,955 - 640 + 52,055 96,097

Gold stock 11,041 0 0 11,041

Special drawing rights certificate account 5,200 0 + 3,000 5,200

Treasury currency outstanding17 42,754 + 14 + 644 42,754

Total factors supplying reserve funds 2,290,371 - 3,286 + 394,583 2,290,341

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 Wednesday

 Feb 3, 2010 Week ended

 Feb 3, 2010

Change from week ended

Jan 27, 2010 Feb 4, 2009

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Currency in circulation17 919,425 + 1,490 + 30,512 923,786

Reverse repurchase agreements18 57,229 - 98 - 18,806 53,720

Foreign official and international accounts 57,229 - 98 - 18,806 53,720

Dealers 0 0 0 0

Treasury cash holdings 229 - 19 - 64 205

Deposits with F.R. Banks, other than reserve balances 121,633 - 25,244 - 98,227 134,874

U.S. Treasury, general account 109,506 - 25,532 + 67,589 122,517

U.S. Treasury, supplementary financing account 5,001 0 - 164,961 5,001

Foreign official 3,977 + 404 + 3,814 4,228

Service-related 2,755 - 6 - 1,674 2,755

Required clearing balances 2,755 - 6 - 1,674 2,755

Adjustments to compensate for float 0 0 0 0

Other 394 - 111 - 2,995 372

Other liabilities and capital19 65,136 - 1,589 + 16,029 64,290

Total factors, other than reserve balances,

absorbing reserve funds 1,163,652 - 25,461 - 70,557 1,176,874

Reserve balances with Federal Reserve Banks 1,126,719 + 22,175 + 465,140 1,113,467

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 credit extended through the Primary Dealer Credit Facility and credit extended to certain other broker-dealers.

7. Includes outstanding principal and capitalized interest net of unamortized deferred commitment fees and allowance for loan restructuring.

Excludes credit extended to consolidated LLCs.

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

unamortized deferred administrative fees.

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

10.Refer to table 4 and the note on consolidation accompanying table 11.

11.Refer to table 5 and the note on consolidation accompanying table 11.

12.Refer to table 6 and the note on consolidation accompanying table 11.

13.Refer to table 8 and the note on consolidation accompanying table 11.

14.Refer to table 9.

15.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.

16.Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates, and accrued dividends on the Federal

Reserve Bank of New York’s preferred interests in AIA Aurora LLC and ALICO Holdings LLC.

17.Estimated.

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

19.Includes the liabilities of Commercial Paper Funding Facility LLC, 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 8 and the note on consolidation accompanying table 11.

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 Wednesday

 Feb 3, 2010 Week ended

 Feb 3, 2010

Change from week ended

Jan 27, 2010 Feb 4, 2009

Memorandum item

Marketable securities held in custody for foreign

official and international accounts1 2,946,860 - 1,253 + 392,205 2,947,833

U.S. Treasury securities 2,180,416 + 952 + 445,818 2,183,864

Federal agency securities2 766,443 - 2,207 - 53,615 763,969

Securities lent to dealers 5,775 + 892 - 121,219 4,971

Overnight facility3 5,775 + 892 - 589 4,971

U.S. Treasury securities 5,075 + 692 - 1,289 4,486

Federal agency debt securities 700 + 200 + 700 485

Term facility4 0 0 - 120,630 0

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

1. Face value of the securities. Includes U.S. Treasury STRIPS, other zero-coupon bonds, and mortgage-backed securities at 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 Term Auction Credit, Other Loans, and Securities, February 3, 2010

Millions of dollars

Within 15

days

16 days to

90 days

91 days to

1 year

Over 1 year

to 5 years

Over 5 years

to 10 years

Over 10

years

Remaining maturity All

Term auction credit 38,531 0 ... ... ... ... 38,531

Other loans1 15,171 439 0 72,691 0 ... 88,301

U.S. Treasury securities2

Holdings 21,234 22,799 45,689 326,326 215,298 145,268 776,614

Weekly changes + 4,670 - 3,841 - 521 - 831 + 520- 2- 5

Federal agency debt securities3

Holdings 1,523 2,399 23,488 100,545 34,360 2,347 164,662

Weekly changes + 710 + 81 - 791 0 + 989 0+ 989

Mortgage-backed securities4

Holdings 0 0 0 0 0 970,327 970,327

Weekly changes 0 0 0 0 0+ 599+ 599

Commercial paper held by

Commercial Paper Funding

Facility LLC5 977 2,966 0 ... ... ... 3,943

Asset-backed securities held by

TALF LLC6 0 0 0 0 0 0 0

Repurchase agreements7 0 0 ... ... ... ... 0

Central bank liquidity swaps8 100 0 0 0 0 0 100

Reverse repurchase agreements7 53,720 0 ... ... ... ... 53,720

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 Commercial Paper Funding Facility LLC, 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 commercial paper held by Commercial Paper Funding Facility LLC.

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

7. Cash value of agreements.

8. 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 Purchase Program

Millions of dollars

Wednesday

 Feb 3, 2010 Account name

Mortgage-backed securities held outright1 970,327

Commitments to buy mortgage-backed securities2 152,187

Commitments to sell mortgage-backed securities2 7,625

Cash and cash equivalents3 313

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 as well as dollar rolls.

3. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 10 and table 11.

4. Information on Principal Accounts of Maiden Lane LLC

Millions of dollars

Wednesday

 Feb 3, 2010 Account name

Net portfolio holdings of Maiden Lane LLC1 26,822

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 28,820

Accrued interest payable to the Federal Reserve Bank of New York2 427

Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co.3 1,254

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, 2009. 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 11.

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 10 and table 11.

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

 Feb 3, 2010 Account name

Net portfolio holdings of Maiden Lane II LLC1 15,498

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 15,479

Accrued interest payable to the Federal Reserve Bank of New York2 284

Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc.3 1,040

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, 2009. 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 11.

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 10 and table 11.

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

 Feb 3, 2010 Account name

Net portfolio holdings of Maiden Lane III LLC1 22,554

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 17,743

Accrued interest payable to the Federal Reserve Bank of New York2 361

Outstanding principal amount and accrued interest on loan payable to American International Group, Inc.3 5,209

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, 2009. 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 11.

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 10 and table 11.

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 Commercial Paper Funding Facility LLC

Millions of dollars

Wednesday

 Feb 3, 2010 Account name

Commercial paper holdings, net1 3,799

Other investments, net 4,869

Net portfolio holdings of Commercial Paper Funding Facility LLC 8,668

Memorandum: Commercial paper holdings, face value 3,943

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 3,911

Accrued interest payable to the Federal Reserve Bank of New York2 1

1. Book value, which includes amortized cost and related fees.

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 11.

Note: On October 27, 2008, the Federal Reserve Bank of New York began extending loans under the authority of section 13(3) of the Federal

Reserve Act to Commercial Paper Funding Facility LLC. This LLC is a limited liability company formed to purchase three-month U.S.

dollar-denominated commercial paper from eligible issuers and thereby foster liquidity in short-term funding markets and increase the availability

of credit for businesses and households.
H.4.1

8. Information on Principal Accounts of TALF LLC

Millions of dollars

Wednesday

 Feb 3, 2010 Account name

Asset-backed securities holdings1 0

Other investments, net 334

Net portfolio holdings of TALF LLC 334

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 103

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 11.

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 10

and table 11.

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 $20 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.

9. 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

 Feb 3, 2010 Account name

Preferred interests in AIA Aurora LLC and ALICO Holdings LLC1 25,106

Accrued dividends on preferred interests in AIA Aurora LLC and ALICO Holdings LLC2 117

Preferred interests in AIA Aurora LLC1 16,068

Accrued dividends on preferred interests in AIA Aurora LLC2 75

Preferred interests in ALICO Holdings LLC1 9,038

Accrued dividends on preferred interests in ALICO Holdings LLC2 42

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 10 and table 11.

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.
H.4.1

10. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Eliminations from

consolidation

Wednesday

 Feb 3, 2010

Change since

Wednesday

Jan 27, 2010

Wednesday

 Feb 4, 2009

Assets, liabilities, and capital

Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 5,200 0 + 3,000

Coin 2,232 + 2 + 317

Securities, repurchase agreements, term auction

credit, and other loans 2,038,435 + 1,978 + 964,249

Securities held outright1 1,911,604 + 1,584 +1,399,330

U.S. Treasury securities 776,614 - 5 + 301,632

Bills2 18,423 0 0

Notes and bonds, nominal2 708,872 0 + 295,958

Notes and bonds, inflation-indexed2 43,777 0 + 4,399

Inflation compensation3 5,542 - 5 + 1,274

Federal agency debt securities2 164,662 + 989 + 134,747

Mortgage-backed securities4 970,327 + 599 + 962,950

Repurchase agreements5 0 0 0

Term auction credit 38,531 0 - 374,352

Other loans 88,301 + 395 - 60,729

Net portfolio holdings of Commercial Paper

Funding Facility LLC6 8,668 + 13 - 249,996

Net portfolio holdings of Maiden Lane LLC7 26,822 + 44 + 962

Net portfolio holdings of Maiden Lane II LLC8 15,498 + 5 - 3,470

Net portfolio holdings of Maiden Lane III LLC9 22,554 + 72 - 4,956

Net portfolio holdings of TALF LLC10 334 0 + 334

Preferred interests in AIA Aurora LLC and ALICO

Holdings LLC11 25,106 0 + 25,106

Items in process of collection (234) 474 + 165 - 425

Bank premises 2,238 - 7 + 58

Central bank liquidity swaps12 100 - 75 - 387,348

Other assets13 93,896 + 233 + 51,862

Total assets (234) 2,252,595 + 2,431 + 399,694

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

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

Millions of dollars

Eliminations from

consolidation

Wednesday

 Feb 3, 2010

Change since

Wednesday

Jan 27, 2010

Wednesday

 Feb 4, 2009

Assets, liabilities, and capital

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 883,465 + 5,090 + 31,167

Reverse repurchase agreements14 53,720 - 4,074 - 20,531

Deposits (0) 1,248,379 + 2,036 + 374,892

Depository institutions 1,116,260 + 5,523 + 469,264

U.S. Treasury, general account 122,517 - 4,255 + 74,809

U.S. Treasury, supplementary financing account 5,001 0 - 164,961

Foreign official 4,228 + 762 + 4,124

Other (0) 372 + 5 - 8,345

Deferred availability cash items (234) 2,742 + 325 - 628

Other liabilities and accrued dividends15 12,290 - 574 + 3,756

Total liabilities (234) 2,200,595 + 2,802 + 388,655

Capital accounts

Capital paid in 25,672 + 4 + 3,978

Surplus 25,207 - 87 + 6,001

Other capital accounts 1,121 - 287 + 1,059

Total capital 52,000 - 371 + 11,038

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

7. Refer to table 4 and the note on consolidation accompanying table 11.

8. Refer to table 5 and the note on consolidation accompanying table 11.

9. Refer to table 6 and the note on consolidation accompanying table 11.

10.Refer to table 8 and the note on consolidation accompanying table 11.

11.Refer to 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 other assets denominated in foreign currencies, which are revalued daily at market exchange rates, and accrued dividends on the Federal

Reserve Bank of New York’s preferred interests in AIA Aurora LLC and ALICO Holdings LLC.

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

15.Includes the liabilities of Commercial Paper Funding Facility LLC, 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 8 and the note on consolidation accompanying table 11.
H.4.1

11. Statement of Condition of Each Federal Reserve Bank, February 3, 2010Millions of dollars

Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minn

Assets, liabilities, and capital

AssetsGold certificate account 11,037 412 3,895 450 467 882 1,356 911 329 Special drawing rights certificate acct. 5,200 196 1,818 210 237 412 654 424 150 Coin 2,232 72 83 176 168 318 227 331 39 Securities, repurchase agreements, term

auction credit, and other loans 2,038,435 38,819 863,275 30,320 75,715 69,518 230,818 208,891 75,313 

Securities held outright1 1,911,604 36,670 747,199 29,657 75,524 68,889 230,322 206,856 74,889 

U.S. Treasury securities 776,614 14,898 303,559 12,048 30,682 27,987 93,571 84,038 30,425 

Bills2 18,423 353 7,201 286 728 664 2,220 1,994 722 

Notes and bonds3 758,191 14,544 296,358 11,763 29,955 27,323 91,352 82,044 29,703 

Federal agency debt securities2 164,662 3,159 64,362 2,555 6,505 5,934 19,840 17,818 6,451 

Mortgage-backed securities4 970,327 18,614 379,277 15,054 38,336 34,968 116,911 105,000 38,014 

Repurchase agreements5 0 0 0 0 0 0 0 0 0 Term auction credit 38,531 2,025 28,711 563 189 460 388 1,725 395 Other loans 88,301 124 87,365 101 3 170 108 309 28 

Net portfolio holdings of Commercial

Paper Funding Facility LLC6 8,668 0 8,668 0 0 0 0 0 0 

Net portfolio holdings of Maiden

Lane LLC7 26,822 0 26,822 0 0 0 0 0 0 

Net portfolio holdings of Maiden

Lane II LLC8 15,498 0 15,498 0 0 0 0 0 0 

Net portfolio holdings of Maiden

Lane III LLC9 22,554 0 22,554 0 0 0 0 0 0 

Net portfolio holdings of TALF LLC10 334 0 334 0 0 0 0 0 0 

Preferred interests in AIA Aurora LLC

and ALICO Holdings LLC11 25,106 0 25,106 0 0 0 0 0 0 

Items in process of collection 708 12 0 52 166 7 310 25 9 Bank premises 2,238 121 261 70 144 237 221 206 135 Central bank liquidity swaps12 100 4 29 11 7 28 6 2 1 Other assets13 93,896 2,277 34,168 3,845 4,585 9,622 9,781 7,954 2,932 Interdistrict settlement account 0 + 5,139 + 162,410 + 40,154 - 22,455 + 183,690 - 92,695 - 98,943 - 37,386 - Total assets 2,252,828 47,051 1,164,921 75,288 59,035 264,714 150,679 119,801 41,522 

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

11. Statement of Condition of Each Federal Reserve Bank, February 3, 2010 (continued)Millions of dollars

Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minn

Assets, liabilities, and capital

LiabilitiesFederal Reserve notes outstanding 1,079,845 35,522 396,999 38,241 44,585 82,080 137,366 85,143 32,813 

Less: Notes held by F.R. Banks 196,381 4,739 69,883 6,096 8,142 10,814 33,400 12,618 4,210 

Federal Reserve notes, net 883,465 30,784 327,116 32,145 36,443 71,266 103,966 72,526 28,603 

Reverse repurchase agreements14 53,720 1,031 20,998 833 2,122 1,936 6,472 5,813 2,105 

Deposits 1,248,379 13,085 792,847 36,458 15,526 176,915 35,985 39,341 9,993 

Depository institutions 1,116,260 13,073 660,918 36,454 15,523 176,767 35,983 39,333 9,992 U.S. Treasury, general account 122,517 0 122,517 0 0 0 0 0 0 U.S. Treasury, supplementary

financing account 5,001 0 5,001 0 0 0 0 0 0 

Foreign official 4,228 1 4,200 4 3 11 2 1 0 Other 373 11 211 0 0 136 0 8 1 

Deferred availability cash items 2,975 86 0 307 815 86 286 189 55 Other liabilities and accrued

dividends15 12,290 174 8,512 181 271 457 634 563 240 

Total liabilities 2,200,829 45,158 1,149,473 69,924 55,178 250,660 147,343 118,432 40,996 CapitalCapital paid in 25,672 944 7,442 2,802 1,921 7,140 1,600 622 240 Surplus 25,207 944 7,474 2,562 1,910 6,914 1,581 620 240 Other capital 1,121 4 533 0 26 0 155 127 46 Total liabilities and capital 2,252,828 47,051 1,164,921 75,288 59,035 264,714 150,679 119,801 41,522 

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

11. Statement of Condition of Each Federal Reserve Bank, February 3, 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 securitie4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the underlying mort5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.6. Refer to table 7 and the note on consolidation below.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 8 and the note on consolidation below.11.Refer to 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 centr

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, and accrued dividends on the Federal Reserve Ba

in AIA Aurora LLC and ALICO Holdings LLC.

14.Cash value of agreements, which are collateralized by U.S. Treasury securities and federal agency debt securities.15.Includes the liabilities of Commercial Paper Funding Facility LLC, Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to entities other 

New York, including liabilities that have recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 8 and the note on consolidation belo

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 Resewas extended to Maiden Lane LLC, which was formed to acquire certain assets of Bear Stearns. On October 27, 2008, the FRBNY began extending loans to Comwas formed to purchase three-month U.S. dollar-denominated commercial paper from eligible issuers. On November 25, 2008, a loan was extended to Maiden Lamulti-sector collateralized debt obligations on which the Financial Products group of the American International Group, Inc. has written credit default swap contractwas extended to Maiden Lane II LLC, which was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment portfolio 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 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 FacilitThe FRBNY is the sole beneficiary of Commercial Paper Funding Facility LLC. The FRBNY is the primary beneficiary of TALF LLC, because of the two beneficiarieU.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 amajority 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 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 tcredit 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 10), and the liabilitiethe 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 10).
H.4.1

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

Millions of dollars

Wednesday

 Feb 3, 2010 Federal Reserve notes and collateral

Federal Reserve notes outstanding 1,079,845

Less: Notes held by F.R. Banks not subject to collateralization 196,381

Federal Reserve notes to be collateralized 883,465

Collateral held against Federal Reserve notes 883,465

Gold certificate account 11,037

Special drawing rights certificate account 5,200

U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 867,228

Other assets pledged 0

Memo:

Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 1,911,604

Less: Face value of securities under reverse repurchase agreements 53,069

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 1,858,534

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.