FEDERAL RESERVE statistical release

For release at

4:30 P.M. EST

January 31, 2013

The weekly average values, shown in table 1, reflect the December 31, 2012, quarterly updates

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

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

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

the values as of September 30, 2012, and the amounts for the last day of the reporting week are

based on the values as of December 31, 2012.
FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and

Condition Statement of Federal Reserve Banks January 31, 2013

1. Factors Affecting Reserve Balances of Depository Institutions

Millions of dollars

Averages of daily figures

Change from week ended

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Week ended

Jan 30, 2013 Jan 23, 2013 Feb 1, 2012

Wednesday

Jan 30, 2013

Reserve Bank credit 2,989,001 + 13,361 + 83,449 2,991,126

Securities held outright1 2,746,855 + 8,777 + 147,888 2,750,952

U.S. Treasury securities 1,703,499 + 9,664 + 41,877 1,710,058

Bills2 0 0 - 18,423 0

Notes and bonds, nominal2 1,616,686 + 8,464 + 51,426 1,623,279

Notes and bonds, inflation-indexed2 76,130 + 1,192 + 7,631 76,130

Inflation compensation3 10,683 + 8 + 1,242 10,649

Federal agency debt securities2 75,111 0 - 26,387 75,111

Mortgage-backed securities4 968,245 - 887 + 132,398 965,784

Repurchase agreements5 0 - 466 0 0

Loans 555 - 7 - 7,632 579

Primary credit 5 0 - 39 28

Secondary credit 0 0 0 0

Seasonal credit 3 0 - 1 3

Term Asset-Backed Securities Loan Facility6 547 - 7 - 7,592 547

Other credit extensions 0 0 0 0

Net portfolio holdings of Maiden Lane LLC7 1,415 - 2 - 5,538 1,400

Net portfolio holdings of Maiden Lane II LLC8 61 0 - 9,447 61

Net portfolio holdings of Maiden Lane III LLC9 22 0 - 17,698 22

Net portfolio holdings of TALF LLC10 857 + 1 + 38 857

Float 2,238 + 2,847 + 3,146 -693

Central bank liquidity swaps11 8,030 - 41 - 96,424 8,030

Other Federal Reserve assets12 228,968 + 2,253 + 69,117 229,918

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding13 44,873 + 14 + 640 44,873

Total factors supplying reserve funds 3,050,116 + 13,376 + 84,090 3,052,240

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

1. Factors Affecting Reserve Balances of Depository Institutions (continued)

Millions of dollars

Averages of daily figures

Change from week ended

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Week ended

Jan 30, 2013 Jan 23, 2013 Feb 1, 2012

Wednesday

Jan 30, 2013

Currency in circulation13 1,154,864 - 1,221 + 87,582 1,156,350

Reverse repurchase agreements14 92,919 + 513 + 3,304 98,432

Foreign official and international accounts 92,919 + 513 + 3,304 98,432

Others 0 0 0 0

Treasury cash holdings 184 + 8 + 41 190

Deposits with F.R. Banks, other than reserve balances 103,842 - 30,011 - 59,319 87,568

Term deposits held by depository institutions 3,036 0 - 43 3,036

U.S. Treasury, General Account 71,127 - 1,080 - 46,427 71,305

Foreign official 7,432 + 155 + 7,304 7,433

Service-related 0 0 - 1,976 0

Required clearing balances 0 0 - 1,976 0

Adjustments to compensate for float 0 0 0 0

Other 22,246 - 29,087 - 18,178 5,794

Other liabilities and capital15 65,576 - 2,308 - 7,540 64,706

Total factors, other than reserve balances,

absorbing reserve funds 1,417,384 - 33,019 + 24,068 1,407,246

Reserve balances with Federal Reserve Banks 1,632,732 + 46,395 + 60,022 1,644,994

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

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

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

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

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

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

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

foreign central bank.

12. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates, and the fair value adjustment

to credit extended by the FRBNY to eligible borrowers through the Term Asset-Backed Securities Loan Facility.

13. Estimated.

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

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

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

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

table 9.

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

1A. Memorandum Items

Millions of dollars

Averages of daily figures

Memorandum item Week ended Change from week ended

Jan 30, 2013 Jan 23, 2013 Feb 1, 2012

Wednesday

Jan 30, 2013

Securities held in custody for foreign official and international

accounts 3,254,891 - 276 + 220,025 3,250,831

Marketable U.S. Treasury securities1 2,912,159 + 147 + 309,696 2,908,108

Federal agency debt and mortgage-backed securities2 305,939 - 1,312 - 90,150 305,830

Other securities3 36,794 + 889 + 480 36,893

Securities lent to dealers 16,626 + 10,008 + 3,966 16,735

Overnight facility4 16,626 + 10,008 + 3,966 16,735

U.S. Treasury securities 15,941 + 9,892 + 4,425 16,065

Federal agency debt securities 685 + 116 - 459 670

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

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

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

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

underlying mortgages.

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

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

2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, January 30, 2013

Millions of dollars

Remaining Maturity Within 15

days

16 days to

90 days

91 days to

1 year

Over 1 year

to 5 years

Over 5 year

to 10 years

Over 10

years

All

Loans1 31 47 0 501 0 ... 579

U.S. Treasury securities2

Holdings 1 5 14 400,314 871,745 437,977 1,710,058

Weekly changes 0 + 1 - 1 + 13,505 - 3,115 + 2,976 + 13,367

Federal agency debt securities3

Holdings 498 2,560 17,142 50,520 2,044 2,347 75,111

Weekly changes + 498 - 498 0 0 0 0 0

Mortgage-backed securities4

Holdings 0 0 2 1 2,496 963,285 965,784

Weekly changes 0 0 0 0 - 50 - 17,340 - 17,390

Asset-backed securities held by

TALF LLC5 0 0 0 0 0 0 0

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

Central bank liquidity swaps7 4,140 3,890 0 0 0 0 8,030

Reverse repurchase agreements6 98,432 0 ... ... ... ... 98,432

Term deposits 3,036 0 0 ... ... ... 3,036

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

...Not applicable.

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

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

under generally accepted accounting principles.

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

original face value of such securities.

3. Face value.

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

underlying mortgages.

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

6. Cash value of agreements.

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

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

central bank.
H.4.1

3. Supplemental Information on Mortgage-Backed Securities

Millions of dollars

Wednesday Account name Jan 30, 2013

Mortgage-backed securities held outright1 965,784

Commitments to buy mortgage-backed securities2 118,696

Commitments to sell mortgage-backed securities2 2,600

Cash and cash equivalents3 50

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

underlying mortgages.

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

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

4. Information on Principal Accounts of Maiden Lane LLC

Millions of dollars

Wednesday Account name Jan 30, 2013

Net portfolio holdings of Maiden Lane LLC1 1,400

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

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

Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co.3 0

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

orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of December 31, 2012. Any assets purchased after

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

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

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

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

table 8 and table 9.

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

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

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

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

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

5. Information on Principal Accounts of Maiden Lane II LLC

Millions of dollars

Wednesday Account name Jan 30, 2013

Net portfolio holdings of Maiden Lane II LLC1 61

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

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

Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc.3 0

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

orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of December 31, 2012. Any assets purchased after

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

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

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

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

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

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

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

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

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

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

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

subsidiaries.
H.4.1

6. Information on Principal Accounts of Maiden Lane III LLC

Millions of dollars

Wednesday Account name Jan 30, 2013

Net portfolio holdings of Maiden Lane III LLC1 22

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

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

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

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

orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of December 31, 2012. Any assets purchased after

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

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

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

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

table 8 and table 9.

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

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

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

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

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

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

7. Information on Principal Accounts of TALF LLC

Millions of dollars

Wednesday Account name Jan 30, 2013

Asset-backed securities holdings1 0

Other investments, net 857

Net portfolio holdings of TALF LLC 857

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 113

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

market on the measurement date.

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

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

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

and table 9.

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

section 13(3) of the Federal Reserve Act. The TALF is a facility under which the Federal Reserve Bank of New York (FRBNY) 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 then by the interest received on investments of TALF LLC. 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.
H.4.1

8. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Assets, liabilities, and capital Wednesday Wednesday Eliminations from

consolidation

Wednesday

Jan 30, 2013 Jan 23, 2013 Feb 1, 2012

Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 5,200 0 0

Coin 2,196 + 26 - 241

Securities, repurchase agreements, and loans 2,751,531 - 4,012 + 143,420

Securities held outright1 2,750,952 - 4,024 + 150,983

U.S. Treasury securities 1,710,058 + 13,367 + 47,599

Bills2 0 0 - 18,423

Notes and bonds, nominal2 1,623,279 + 13,460 + 57,374

Notes and bonds, inflation-indexed2 76,130 0 + 7,430

Inflation compensation3 10,649 - 93 + 1,218

Federal agency debt securities2 75,111 0 - 26,387

Mortgage-backed securities4 965,784 - 17,390 + 129,772

Repurchase agreements5 0 0 0

Loans 579 + 12 - 7,563

Net portfolio holdings of Maiden Lane LLC6 1,400 - 17 - 5,567

Net portfolio holdings of Maiden Lane II LLC7 61 0 - 9,447

Net portfolio holdings of Maiden Lane III LLC8 22 0 - 17,704

Net portfolio holdings of TALF LLC9 857 0 + 38

Items in process of collection (0) 117 - 163 - 85

Bank premises 2,335 + 2 + 160

Central bank liquidity swaps10 8,030 - 41 - 96,424

Other assets11 227,583 + 1,240 + 68,967

Total assets (0) 3,010,370 - 2,963 + 83,119

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

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

Millions of dollars

Change since

Assets, liabilities, and capital Wednesday Wednesday Eliminations from

consolidation

Wednesday

Jan 30, 2013 Jan 23, 2013 Feb 1, 2012

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 1,113,859 - 20 + 84,947

Reverse repurchase agreements12 98,432 + 8,539 + 14,559

Deposits (0) 1,732,563 - 9,314 - 7,493

Term deposits held by depository institutions 3,036 0 - 43

Other deposits held by depository institutions 1,644,994 + 48,670 + 71,047

U.S. Treasury, General Account 71,305 - 9,938 - 49,386

Foreign official 7,433 + 152 + 7,292

Other (0) 5,794 - 48,199 - 36,404

Deferred availability cash items (0) 810 - 391 - 361

Other liabilities and accrued dividends13 9,918 - 1,836 - 8,720

Total liabilities (0) 2,955,582 - 3,021 + 82,933

Capital accounts

Capital paid in 27,394 + 29 + 93

Surplus 27,394 + 29 + 93

Other capital accounts 0 0 0

Total capital 54,788 + 58 + 186

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. 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 4 and the note on consolidation accompanying table 9.

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

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

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

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. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates and the fair value adjustment to

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

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

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

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

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

9. Statement of Condition of Each Federal Reserve Bank, January 30, 2013

Millions of dollars

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

Assets

Gold certificate account 11,037 408 3,824 437 515 890 1,337 839 313 192 315 725 1,242

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

Coin 2,196 41 98 144 155 383 222 323 40 54 169 208 360

Securities, repurchase agreements,

and loans 2,751,531 66,815 1,542,881 90,941 69,941 195,789 165,863 152,611 43,009 25,009 55,276 106,912 236,484

Securities held outright1 2,750,952 66,815 1,542,334 90,941 69,941 195,789 165,863 152,611 43,009 25,009 55,268 106,889 236,484

U.S. Treasury securities 1,710,058 41,534 958,751 56,531 43,477 121,707 103,105 94,867 26,735 15,546 34,356 66,445 147,004

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

Notes and bonds3 1,710,058 41,534 958,751 56,531 43,477 121,707 103,105 94,867 26,735 15,546 34,356 66,445 147,004

Federal agency debt securities2 75,111 1,824 42,111 2,483 1,910 5,346 4,529 4,167 1,174 683 1,509 2,918 6,457

Mortgage-backed securities4 965,784 23,457 541,471 31,927 24,554 68,736 58,230 53,578 15,099 8,780 19,403 37,526 83,023

Repurchase agreements5 0 0 0 0 0 0 0 0 0 0 0 0 0

Loans 579 0 548 0 0 0 0 1 0 0 8 23 0

Net portfolio holdings of Maiden

Lane LLC6 1,400 0 1,400 0 0 0 0 0 0 0 0 0 0

Net portfolio holdings of Maiden

Lane II LLC7 61 0 61 0 0 0 0 0 0 0 0 0 0

Net portfolio holdings of Maiden

Lane III LLC8 22 0 22 0 0 0 0 0 0 0 0 0 0

Net portfolio holdings of TALF LLC9 857 0 857 0 0 0 0 0 0 0 0 0 0

Items in process of collection 117 0 0 0 0 0 116 0 0 0 0 0 0

Bank premises 2,335 119 451 70 115 229 216 202 131 103 252 239 209

Central bank liquidity swaps10 8,030 282 2,590 696 594 1,661 459 214 66 33 80 129 1,227

Other assets11 227,583 5,830 121,175 8,867 7,008 19,757 13,674 11,891 3,410 1,999 4,336 8,424 21,213

Interdistrict settlement account 0 + 5,768 + 50,488 - 18,167 - 8,474 - 55,636 + 16,019 - 15,329 - 2,360 + 1,681 - 10,623 - 9,245 + 45,878

Total assets 3,010,370 79,458 1,725,666 83,198 70,090 163,486 198,560 151,175 44,759 29,161 49,957 107,673 307,187

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

9. Statement of Condition of Each Federal Reserve Bank, January 30, 2013 (continued)

Millions of dollars

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

Liabilities

Federal Reserve notes outstanding 1,368,830 47,524 488,773 47,411 61,810 103,573 174,878 95,235 37,362 23,116 37,993 96,032 155,122

Less: Notes held by F.R. Banks 254,971 8,577 94,183 5,056 10,460 12,605 31,211 14,637 4,348 4,345 8,721 32,429 28,398

Federal Reserve notes, net 1,113,859 38,947 394,590 42,355 51,350 90,968 143,667 80,598 33,014 18,771 29,272 63,603 126,724

Reverse repurchase agreements12 98,432 2,391 55,186 3,254 2,503 7,006 5,935 5,461 1,539 895 1,978 3,825 8,462

Deposits 1,732,563 35,155 1,253,068 33,014 11,661 53,160 44,620 63,012 9,543 8,895 17,939 38,987 163,508

Term deposits held by depository

institutions 3,036 5 1,542 637 0 40 500 5 0 105 1 5 196

Other deposits held by depository

institutions 1,644,994 35,133 1,167,234 32,368 11,658 52,960 44,110 62,978 9,543 8,789 17,936 38,979 163,305

U.S. Treasury, General Account 71,305 0 71,305 0 0 0 0 0 0 0 0 0 0

Foreign official 7,433 1 7,406 3 3 8 2 1 0 0 0 1 6

Other 5,794 15 5,581 6 0 151 7 27 0 0 1 3 1

Deferred availability cash items 810 0 0 0 0 0 605 0 0 205 0 0 0

Interest on Federal Reserve notes due

to U.S. Treasury13 643 20 252 34 23 67 62 45 13 7 20 39 62

Other liabilities and accrued

dividends14 9,274 252 5,079 307 286 794 553 496 190 156 194 350 619

Total liabilities 2,955,582 76,765 1,708,175 78,965 65,822 151,993 195,443 149,612 44,299 28,929 49,402 106,804 299,374

Capital

Capital paid in 27,394 1,347 8,745 2,116 2,134 5,746 1,559 782 230 116 278 435 3,906

Surplus 27,394 1,347 8,745 2,116 2,134 5,746 1,559 782 230 116 278 435 3,906

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

Total liabilities and capital 3,010,370 79,458 1,725,666 83,198 70,090 163,486 198,560 151,175 44,759 29,161 49,957 107,673 307,187

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

9. Statement of Condition of Each Federal Reserve Bank, January 30, 2013 (continued)

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

2. Face value of the securities.

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

4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. 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 4 and the note on consolidation below.

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

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

9. Refer to table 7 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. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates and the fair value adjustment to credit extended by the Federal Reserve Bank

of New York (FRBNY) to eligible borrowers through the Term Asset-Backed Securities Loan Facility.

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

13. 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.

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

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

Note on consolidation:

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

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

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

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

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

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

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

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

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

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

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

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

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

Millions of dollars

Wednesday Federal Reserve notes and collateral Jan 30, 2013

Federal Reserve notes outstanding 1,368,830

Less: Notes held by F.R. Banks not subject to collateralization 254,971

Federal Reserve notes to be collateralized 1,113,859

Collateral held against Federal Reserve notes 1,113,859

Gold certificate account 11,037

Special drawing rights certificate account 5,200

U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 1,097,622

Other assets pledged 0

Memo:

Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 2,750,952

Less: Face value of securities under reverse repurchase agreements 85,430

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 2,665,523

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.