FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                                  October 2, 2014


1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and                          Averages of daily figures         Wednesday  
reserve balances of depository institutions at             Week ended    Change from week ended   Oct 1, 2014 
Federal Reserve Banks                                      Oct 1, 2014 Sep 24, 2014  Oct 2, 2013              

Reserve Bank credit                                         4,407,844   -    9,889   +  710,692    4,409,110  
  Securities held outright (1)                              4,186,648   -    8,571   +  713,701    4,188,166  
    U.S. Treasury securities                                2,450,220   +    3,154   +  380,458    2,451,736  
      Bills (2)                                                     0            0            0            0  
      Notes and bonds, nominal (2)                          2,335,469   +    3,165   +  366,253    2,336,994  
      Notes and bonds, inflation-indexed (2)                   98,188            0   +   10,979       98,188  
      Inflation compensation (3)                               16,563   -       11   +    3,226       16,555  
    Federal agency debt securities (2)                         40,006            0   -   21,075       40,006  
    Mortgage-backed securities (4)                          1,696,422   -   11,725   +  354,318    1,696,424  
  Unamortized premiums on securities held outright (5)        209,287   -      614   +    5,154      209,173  
  Unamortized discounts on securities held outright (5)       -18,726   -       41   -   11,592      -18,758  
  Repurchase agreements (6)                                         0            0            0            0  
  Loans                                                           280   -       50   +       19          228  
    Primary credit                                                 23   -       12   +        8            4  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                               242   -       21   +       97          210  
    Term Asset-Backed Securities Loan Facility (7)                 14   -       18   -       87           14  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (8)                 1,664            0   +      170        1,664  
  Net portfolio holdings of Maiden Lane II LLC (9)                  0            0   -       64            0  
  Net portfolio holdings of Maiden Lane III LLC (9)                 0            0   -       22            0  
  Net portfolio holdings of TALF LLC (10)                          44            0   -       68           44  
  Float                                                          -573   -       79   +      115         -611  
  Central bank liquidity swaps (11)                               206   +      183   -      305          240  
  Other Federal Reserve assets (12)                            29,016   -      715   +    3,585       28,963  
Foreign currency denominated assets (13)                       22,355   -      205   -    1,821       22,286  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (14)                             46,145   +       14   +      811       46,145  
                                                                                                              
Total factors supplying reserve funds                       4,492,585   -   10,080   +  709,682    4,493,782  

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





1. Factors Affecting Reserve Balances of Depository Institutions (continued)
Millions of dollars
Reserve Bank credit, related items, and                          Averages of daily figures         Wednesday  
reserve balances of depository institutions at             Week ended    Change from week ended   Oct 1, 2014 
Federal Reserve Banks                                      Oct 1, 2014 Sep 24, 2014  Oct 2, 2013              

Currency in circulation (14)                                 1,289,092   +      799   +   81,824    1,290,878 
Reverse repurchase agreements (15)                             298,470   +   27,928   +  184,697      311,292 
  Foreign official and international accounts                  100,753   +      464   +    4,785       98,811 
  Others                                                       197,717   +   27,463   +  179,912      212,481 
Treasury cash holdings                                             163   -        1   -        6          185 
Deposits with F.R. Banks, other than reserve balances          135,703   -   11,727   +   50,869      142,737 
  Term deposits held by depository institutions                      0            0   -   11,662            0 
  U.S. Treasury, General Account                               119,237   +    4,409   +   81,276      126,568 
  Foreign official                                               5,244            0   -    3,642        5,247 
  Other (16)                                                    11,222   -   16,137   -   15,103       10,922 
Other liabilities and capital (17)                              63,441   -      215   -    2,059       62,743 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  1,786,868   +   16,783   +  315,324    1,807,834 
                                                                                                              
Reserve balances with Federal Reserve Banks                  2,705,717   -   26,863   +  394,358    2,685,947 

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 7.                                    
9.  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. Refer to the
    note on consolidation accompanying table 7.                                                         
10. Refer to table 5 and the note on consolidation accompanying table 7.                                    
11. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
12. Includes 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.                                                                                       
13. Revalued daily at current foreign currency exchange rates.                                              
14. Estimated.                                                                                              
15. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
16. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, and designated financial market utilities.                        
17. Includes the liabilities of TALF LLC to entities other than the Federal Reserve Bank of New York,       
    including liabilities that have recourse only to the portfolio holdings of this LLC. Refer to table 5
    and the note on consolidation accompanying table 7. Also includes the liability for interest on     
    Federal Reserve notes due to U.S. Treasury. Refer to table 6 and table 7.                           


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





1A. Memorandum Items
Millions of dollars
Memorandum item                                                  Averages of daily figures         Wednesday  
                                                           Week ended    Change from week ended   Oct 1, 2014 
                                                           Oct 1, 2014 Sep 24, 2014  Oct 2, 2013              

Securities held in custody for foreign official and       
     international accounts                                  3,344,237   -   15,365   +   53,018    3,335,608 
  Marketable U.S. Treasury securities (1)                    3,010,397   -   13,177   +   75,417    3,000,945 
  Federal agency debt and mortgage-backed securities (2)       290,776   -    2,318   -   27,239      291,483 
  Other securities (3)                                          43,064   +      130   +    4,841       43,180 
Securities lent to dealers                                      13,143   +       42   -    7,037       13,344 
  Overnight facility (4)                                        13,143   +       42   -    7,037       13,344 
    U.S. Treasury securities                                    12,446   +      128   -    6,729       12,540 
    Federal agency debt securities                                 697   -       86   -      308          804 

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, 6, and 7.     
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 1, 2014     

Millions of dollars
Remaining Maturity                     Within 15     16 days to    91 days to   Over 1 year   Over 5 year     Over 10         All      
                                          days        90 days        1 year      to 5 years   to 10 years      years                   

Loans                                           49           179             0             0             0           ...           228 
U.S. Treasury securities (1)                                                                                                           
  Holdings                                       0            89         3,194     1,047,868       739,908       660,676     2,451,736 
  Weekly changes                        -        1             0             0    +    9,115    -    6,985    +      981    +    3,111 
Federal agency debt securities (2)                                                                                                     
  Holdings                                     306         1,023         3,584        32,746             0         2,347        40,006 
  Weekly changes                        +      306    -      306             0             0             0             0             0 
Mortgage-backed securities (3)                                                                                                         
  Holdings                                       0             0             0            10         4,715     1,691,699     1,696,424 
  Weekly changes                                 0             0             0             0    -       82    -    9,776    -    9,858 
Asset-backed securities held by      
  TALF LLC (4)                                   0             0             0             0             0             0             0 
Repurchase agreements (5)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (6)               240             0             0             0             0             0           240 
                                                                                                                                       
Reverse repurchase agreements (5)          311,292             0           ...           ...           ...           ...       311,292 
Term deposits                                    0             0             0           ...           ...           ...             0 

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


1.  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.             
2.  Face value.                                                                                             
3.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
4.  Face value of asset-backed securities held by TALF LLC, which is the remaining principal balance of     
    the underlying assets.                                                                              
5.  Cash value of agreements.                                                                               
6.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
                                                                                                            






3. Supplemental Information on Mortgage-Backed Securities
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                       Oct 1, 2014  

Mortgage-backed securities held outright (1)                                                                             1,696,424  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                           65,466  
Commitments to sell mortgage-backed securities (2)                                                                               0  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                   12  



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 6       
    and table 7.                                                                                        




4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                       Oct 1, 2014  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,664  
                                                                                                                                    
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                        0  
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                             0  
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 June 30, 2014. 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 7.                                                  
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 6 and table 7.                      


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. The remaining outstanding balances of the senior
loan from FRBNY to Maiden Lane LLC, and the subordinated loan from JPMorgan Chase & Co. to Maiden Lane LLC were
repaid in full, with interest.

                                                                          







5. Information on Principal Accounts of TALF LLC
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                       Oct 1, 2014  

Asset-backed securities holdings (1)                                                                                             0  
Other investments, net                                                                                                          44  
Net portfolio holdings of TALF LLC                                                                                              44  
                                                                                                                                    
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                        0  
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                             0  
Funding provided by U.S. Treasury to TALF LLC, including accrued interest payable (3)                                            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 7.                                                  
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 6 and table 7.                      


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.                                                          




6. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from        Oct 1, 2014   Wednesday    Wednesday  
                                                        consolidation                Sep 24, 2014  Oct 2, 2013 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,928   -        7   -       77  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     4,378,809   -    7,441   +  701,930  
    Securities held outright (1)                                          4,188,166   -    6,747   +  708,454  
      U.S. Treasury securities                                            2,451,736   +    3,111   +  374,809  
        Bills (2)                                                                 0            0            0  
        Notes and bonds, nominal (2)                                      2,336,994   +    3,127   +  360,620  
        Notes and bonds, inflation-indexed (2)                               98,188            0   +   10,979  
        Inflation compensation (3)                                           16,555   -       15   +    3,210  
      Federal agency debt securities (2)                                     40,006            0   -   20,646  
      Mortgage-backed securities (4)                                      1,696,424   -    9,858   +  354,291  
    Unamortized premiums on securities held outright  
    (5)                                                                     209,173   -      538   +    4,986  
    Unamortized discounts on securities held outright 
    (5)                                                                     -18,758   -       53   -   11,483  
    Repurchase agreements (6)                                                     0            0            0  
    Loans                                                                       228   -      103   -       26  
  Net portfolio holdings of Maiden Lane LLC (7)                               1,664            0   +      171  
  Net portfolio holdings of Maiden Lane II LLC (8)                                0            0   -       64  
  Net portfolio holdings of Maiden Lane III LLC (8)                               0            0   -       22  
  Net portfolio holdings of TALF LLC (9)                                         44            0   -       68  
  Items in process of collection                                   (0)           90   +       11   +        4  
  Bank premises                                                               2,257   -        3   -       26  
  Central bank liquidity swaps (10)                                             240   +      217   -      271  
  Foreign currency denominated assets (11)                                   22,286   -      214   -    2,098  
  Other assets (12)                                                          26,706   -    1,354   +    3,395  
                                                                                                               
Total assets                                                       (0)    4,450,260   -    8,790   +  702,873  

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





6. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from        Oct 1, 2014   Wednesday    Wednesday  
                                                        consolidation                Sep 24, 2014  Oct 2, 2013 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,246,841   +    1,723   +   80,362 
  Reverse repurchase agreements (13)                                         311,292   +   49,568   +  215,907 
  Deposits                                                          (0)    2,828,684   -   60,272   +  408,956 
    Term deposits held by depository institutions                                  0            0   -   11,662 
    Other deposits held by depository institutions                         2,685,947   -   21,238   +  356,791 
    U.S. Treasury, General Account                                           126,568   +    7,663   +   69,035 
    Foreign official                                                           5,247   +        4   -    3,629 
    Other (14)                                                      (0)       10,922   -   46,701   -    1,578 
  Deferred availability cash items                                  (0)          701   +       49   -      182 
  Other liabilities and accrued dividends (15)                                 6,363   +      131   -    3,665 
                                                                                                               
Total liabilities                                                   (0)    4,393,880   -    8,801   +  701,376 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             28,190   +        5   +      749 
  Surplus                                                                     28,190   +        5   +      749 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 56,380   +       10   +    1,497 

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 7.                                    
8.  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. Refer to the
    note on consolidation accompanying table 7.                                                         
9.  Refer to table 5 and the note on consolidation accompanying table 7.                                    
10. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
11. Revalued daily at current foreign currency exchange rates.                                              
12. Includes accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable.                                                                                
13. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
14. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, and designated financial market utilities.                        
15. Includes the liabilities of TALF LLC to entities other than the Federal Reserve Bank of New York,       
    including liabilities that have recourse only to the portfolio holdings of this LLC. Refer to table 5
    and the note on consolidation accompanying table 7. Also includes the liability for interest on     
    Federal Reserve notes due to U.S. Treasury.                                                         

 



7. Statement of Condition of Each Federal Reserve Bank, October 1, 2014
Millions of dollars
Assets, liabilities, and capital               Total       Boston     New York  Philadelphia  Cleveland    Richmond    Atlanta     Chicago    St. Louis  Minneapolis    Kansas      Dallas       San     
                                                                                                                                                                         City                 Francisco  

Assets                                                                                                                                                                                                   
  Gold certificate account                        11,037         352       4,125          338         464         824       1,349         706         278         173         291         880       1,257
  Special drawing rights certificate acct.         5,200         196       1,818          210         237         412         654         424         150          90         153         282         574
  Coin                                             1,928          33          93          124         121         317         224         276          24          47         151         183         335
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans                                 4,378,809      88,571   2,687,428      104,897      95,600     244,722     242,075     178,969      54,051      26,940      57,693     133,424     464,441
    Securities held outright (1)               4,188,166      84,719   2,570,544      100,336      91,442     234,079     231,519     171,176      51,658      25,667      55,168     127,615     444,243
      U.S. Treasury securities                 2,451,736      49,594   1,504,786       58,736      53,530     137,029     135,531     100,206      30,240      15,025      32,295      74,705     260,058
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    2,451,736      49,594   1,504,786       58,736      53,530     137,029     135,531     100,206      30,240      15,025      32,295      74,705     260,058
      Federal agency debt securities (2)          40,006         809      24,554          958         873       2,236       2,212       1,635         493         245         527       1,219       4,243
      Mortgage-backed securities (4)           1,696,424      34,316   1,041,203       40,641      37,039      94,814      93,777      69,335      20,924      10,396      22,346      51,690     179,941
    Unamortized premiums on securities held 
      outright (5)                               209,173       4,231     128,383        5,011       4,567      11,691      11,563       8,549       2,580       1,282       2,755       6,374      22,187
    Unamortized discounts on securities     
      held outright (5)                          -18,758        -379     -11,513         -449        -410      -1,048      -1,037        -767        -231        -115        -247        -572      -1,990
    Repurchase agreements (6)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                            228           0          14            0           0           0          29          10          44         107          17           7           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (7)                                  1,664           0       1,664            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane II LLC (8)                                   0           0           0            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane III LLC (8)                                  0           0           0            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (9)              44           0          44            0           0           0           0           0           0           0           0           0           0
  Items in process of collection                      90           0           0            0           0           0          89           0           0           0           0           0           0
  Bank premises                                    2,257         122         435           74         110         221         210         198         123          97         243         224         200
  Central bank liquidity swaps (10)                  240          11          77           18          19          50          14           7           2           1           3           4          35
  Foreign currency denominated                                                                                                                                                                           
     assets (11)                                  22,286       1,013       7,169        1,675       1,772       4,646       1,281         615         187          94         235         373       3,224
  Other assets (12)                               26,706         575      16,144          639         586       1,651       1,474       1,086         389         197         375         820       2,770
  Interdistrict settlement account                     0  +   30,481  -   61,069   -    2,046  +    9,070  -   14,964  +   10,541  -    9,463  -    9,970  -    1,477  -    1,425  +    7,703  +   42,618
                                                                                                                                                                                                         
Total assets                                   4,450,260     121,354   2,657,928      105,931     107,979     237,880     257,911     172,818      45,233      26,163      57,718     143,892     515,454

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





7. Statement of Condition of Each Federal Reserve Bank, October 1, 2014 (continued)
Millions of dollars
Assets, liabilities, and capital               Total       Boston     New York  Philadelphia Cleveland    Richmond    Atlanta     Chicago    St. Louis  Minneapolis    Kansas      Dallas       San     
                                                                                                                                                                        City                 Francisco  

Liabilities                                                                                                                                                                                             
  Federal Reserve notes outstanding            1,445,148      44,409     484,646      43,474      66,002     102,695     213,830      96,271      38,097      21,064      36,548     116,533     181,578
    Less: Notes held by F.R. Banks               198,307       5,412      66,320       6,291       9,275      11,437      22,273      11,423       4,987       3,911       5,379      22,981      28,619
      Federal Reserve notes, net               1,246,841      38,998     418,326      37,183      56,728      91,258     191,557      84,848      33,110      17,153      31,170      93,552     152,959
  Reverse repurchase agreements (13)             311,292       6,297     191,060       7,458       6,797      17,398      17,208      12,723       3,840       1,908       4,100       9,485      33,019
  Deposits                                     2,828,684      73,306   2,027,050      57,406      39,788     116,554      44,883      73,378       7,624       6,652      21,723      39,653     320,667
    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                           2,685,947      73,303   1,884,511      57,371      39,785     116,426      44,874      73,371       7,623       6,651      21,721      39,652     320,659
    U.S. Treasury, General Account               126,568           0     126,568           0           0           0           0           0           0           0           0           0           0
    Foreign official                               5,247           2       5,220           3           3           8           2           1           0           0           0           1           6
    Other (14)                                    10,922           1      10,751          32           0         119           7           6           0           0           1           1           3
  Deferred availability cash items                   701           0           0           0           0           0         610           0           0          91           0           0           0
  Interest on Federal Reserve notes due     
     to U.S. Treasury (15)                         1,683          32       1,098         553          18        -441          76          75          25          11          15          55         166
  Other liabilities and accrued             
     dividends (16)                                4,680         158       2,008         197         207         511         347         266         132         113         120         191         431
                                                                                                                                                                                                        
Total liabilities                              4,393,880     118,791   2,639,542     102,797     103,537     225,280     254,680     171,289      44,730      25,927      57,128     142,937     507,242
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 28,190       1,282       9,193       1,567       2,221       6,300       1,615         764         252         118         295         478       4,106
  Surplus                                         28,190       1,282       9,193       1,567       2,221       6,300       1,615         764         252         118         295         478       4,106
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  4,450,260     121,354   2,657,928     105,931     107,979     237,880     257,911     172,818      45,233      26,163      57,718     143,892     515,454

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





7. Statement of Condition of Each Federal Reserve Bank, October 1, 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.  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. Refer       
    to the note on consolidation below.                                                                                                                                                                 
9.  Refer to table 5 and the note on consolidation below.                                                                                                                                                   
10. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals        
    the market exchange rate used when the foreign currency was acquired from the foreign central bank.                                                                                                 
11. Revalued daily at current foreign currency exchange rates.                                                                                                                                              
12. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.                                                                                   
13. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.                                                         
14. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, and designated financial market utilities.                               
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 TALF LLC to entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only to the portfolio holdings of this LLC. Refer to         
    table 5 and the note on consolidation below.                                                                                                                                                        


Note on consolidation:

The Federal Reserve Bank of New York (FRBNY) 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 June 14, 2012, the remaining outstanding balance of the senior loan from FRBNY to Maiden Lane LLC
was repaid in full, with interest. On November 15, 2012, the remaining outstanding balance of the subordinated loan from JPMorgan Chase & Co. to Maiden Lane LLC was repaid in full, with
interest. 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. had written credit default swap contracts. On June 14, 2012, the loan from FRBNY to Maiden Lane III was repaid in full, with interest. 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 March 1, 2012, the loan from FRBNY to Maiden Lane II was repaid in full, with interest. 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. On January 15, 2013 the FRBNY's commitment to extend credit to TALF LLC was eliminated.                                                 

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 6), 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 6).

                                                                            



8. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Federal Reserve notes and collateral                                                        Wednesday   
                                                                                           Oct 1, 2014  

Federal Reserve notes outstanding                                                            1,445,148  
  Less: Notes held by F.R. Banks not subject to collateralization                              198,307  
    Federal Reserve notes to be collateralized                                               1,246,841  
Collateral held against Federal Reserve notes                                                1,246,841  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,230,604  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       4,188,166  
  Less: Face value of securities under reverse repurchase agreements                           300,674  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        3,887,492  

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.