FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                                February 21, 2013


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  Feb 20, 2013 
Federal Reserve Banks                                     Feb 20, 2013 Feb 13, 2013 Feb 22, 2012              

Reserve Bank credit                                         3,063,397   +   45,653   +  146,079    3,076,719  
  Securities held outright (1)                              2,829,472   +   52,583   +  216,692    2,843,781  
    U.S. Treasury securities                                1,734,500   +   10,899   +   74,326    1,736,456  
      Bills (2)                                                     0            0   -   18,423            0  
      Notes and bonds, nominal (2)                          1,646,462   +   10,149   +   82,598    1,648,436  
      Notes and bonds, inflation-indexed (2)                   77,499   +      783   +    8,739       77,499  
      Inflation compensation (3)                               10,540   -       32   +    1,413       10,521  
    Federal agency debt securities (2)                         74,613   -      356   -   26,204       74,613  
    Mortgage-backed securities (4)                          1,020,359   +   42,039   +  168,570    1,032,712  
  Repurchase agreements (5)                                         0            0            0            0  
  Loans                                                           448   -       39   -    7,498          448  
    Primary credit                                                  8   +        1   +        4            8  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                                 1            0   +        1            1  
    Term Asset-Backed Securities Loan Facility (6)                439   -       41   -    7,504          439  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (7)                 1,401   -        3   -    5,078        1,400  
  Net portfolio holdings of Maiden Lane II LLC (8)                 61            0   -    6,653           61  
  Net portfolio holdings of Maiden Lane III LLC (9)                22            0   -   17,573           22  
  Net portfolio holdings of TALF LLC (10)                         507            0   -      313          507  
  Float                                                          -677   -       63   +      231       -1,067  
  Central bank liquidity swaps (11)                             5,192   -        1   -  102,767        5,192  
  Other Federal Reserve assets (12)                           226,972   -    6,822   +   69,039      226,376  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (13)                             44,849   +       14   +      596       44,849  
                                                                                                              
Total factors supplying reserve funds                       3,124,487   +   45,667   +  146,675    3,137,809  

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  Feb 20, 2013 
Federal Reserve Banks                                     Feb 20, 2013 Feb 13, 2013 Feb 22, 2012              

Currency in circulation (13)                                 1,168,819   +    6,423   +   79,906    1,170,164 
Reverse repurchase agreements (14)                              96,922   +   10,461   +    8,029       93,121 
  Foreign official and international accounts                   96,922   +   10,461   +    8,029       93,121 
  Others                                                             0            0            0            0 
Treasury cash holdings                                             198   +        4   +       41          206 
Deposits with F.R. Banks, other than reserve balances          122,840   +   43,728   +   19,856      139,729 
  Term deposits held by depository institutions                      0   -    3,036            0            0 
  U.S. Treasury, General Account                                24,877   -   10,031   -   30,918       40,703 
  Foreign official                                               8,416   +      170   +    8,278        8,401 
  Service-related                                                    0            0   -    1,970            0 
    Required clearing balances                                       0            0   -    1,970            0 
    Adjustments to compensate for float                              0            0            0            0 
  Other                                                         89,548   +   56,626   +   44,467       90,625 
Other liabilities and capital (15)                              68,324   +      971   -    6,915       66,206 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  1,457,104   +   61,588   +  100,918    1,469,426 
                                                                                                              
Reserve balances with Federal Reserve Banks                  1,667,383   -   15,921   +   45,757    1,668,383 

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.





1A. Memorandum Items
Millions of dollars
Memorandum item                                                  Averages of daily figures         Wednesday  
                                                           Week ended    Change from week ended  Feb 20, 2013 
                                                          Feb 20, 2013 Feb 13, 2013 Feb 22, 2012              

Securities held in custody for foreign official and       
     international accounts                                  3,302,030   +    2,127   +  217,872    3,306,820 
  Marketable U.S. Treasury securities (1)                    2,961,319   +    3,415   +  312,203    2,967,217 
  Federal agency debt and mortgage-backed securities (2)       303,167   -    1,933   -   93,946      302,037 
  Other securities (3)                                          37,543   +      645   -      386       37,566 
Securities lent to dealers                                      17,985   +       75   -    1,382       20,164 
  Overnight facility (4)                                        17,985   +       75   -    1,382       20,164 
    U.S. Treasury securities                                    17,293   +       56   -    1,088       19,567 
    Federal agency debt securities                                 692   +       20   -      294          597 

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, February 20, 2013   

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 (1)                                        9            47             0           393             0           ...           448 
U.S. Treasury securities (2)                                                                                                           
  Holdings                                       1             4            14       416,244       880,077       440,115     1,736,456 
  Weekly changes                        -        2    +        1    -        1    +   15,947    -    1,819    -    6,148    +    7,979 
Federal agency debt securities (3)                                                                                                     
  Holdings                                   1,025         1,535        20,642        47,020         2,044         2,347        74,613 
  Weekly changes                                 0             0             0             0             0             0             0 
Mortgage-backed securities (4)                                                                                                         
  Holdings                                       0             0             2             1         2,598     1,030,110     1,032,712 
  Weekly changes                                 0             0             0             0    +       84    +   22,961    +   23,046 
Asset-backed securities held by      
  TALF LLC (5)                                   0             0             0             0             0             0             0 
Repurchase agreements (6)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (7)             4,027         1,165             0             0             0             0         5,192 
                                                                                                                                       
Reverse repurchase agreements (6)           93,121             0           ...           ...           ...           ...        93,121 
Term deposits                                    0             0             0           ...           ...           ...             0 

Note: Components may not sum to totals because of rounding.
...Not applicable.


1.  Excludes the loans from the Federal Reserve Bank of New York (FRBNY) to Maiden Lane LLC, Maiden         
    Lane II LLC, Maiden Lane III LLC, and TALF LLC. The loans were eliminated when preparing the FRBNY's
    statement of condition consistent with consolidation under generally accepted accounting principles.
2.  Face value. For inflation-indexed securities, includes the original face value and compensation         
    that adjusts for the effect of inflation on the original face value of such securities.             
3.  Face value.                                                                                             
4.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. 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.     






3. Supplemental Information on Mortgage-Backed Securities
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Feb 20, 2013  

Mortgage-backed securities held outright (1)                                                                             1,032,712  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                           88,165  
Commitments to sell mortgage-backed securities (2)                                                                               0  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                   21  



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
Account name                                                                                                            Wednesday   
                                                                                                                      Feb 20, 2013  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,400  
                                                                                                                                    
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 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
Account name                                                                                                            Wednesday   
                                                                                                                      Feb 20, 2013  

Net portfolio holdings of Maiden Lane II LLC (1)                                                                                61  
                                                                                                                                    
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  
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.                  





6. Information on Principal Accounts of Maiden Lane III LLC
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Feb 20, 2013  

Net portfolio holdings of Maiden Lane III LLC (1)                                                                               22  
                                                                                                                                    
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 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
Account name                                                                                                            Wednesday   
                                                                                                                      Feb 20, 2013  

Asset-backed securities holdings (1)                                                                                             0  
Other investments, net                                                                                                         507  
Net portfolio holdings of TALF LLC                                                                                             507  
                                                                                                                                    
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 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.                                                                  




8. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Feb 20, 2013   Wednesday    Wednesday  
                                                        consolidation                Feb 13, 2013 Feb 22, 2012 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        2,206   -       18   -      200  
  Securities, repurchase agreements, and loans                            2,844,229   +   31,024   +  226,154  
    Securities held outright (1)                                          2,843,781   +   31,025   +  233,338  
      U.S. Treasury securities                                            1,736,456   +    7,979   +   79,875  
        Bills (2)                                                                 0            0   -   18,423  
        Notes and bonds, nominal (2)                                      1,648,436   +    8,038   +   88,150  
        Notes and bonds, inflation-indexed (2)                               77,499            0   +    8,739  
        Inflation compensation (3)                                           10,521   -       60   +    1,409  
      Federal agency debt securities (2)                                     74,613            0   -   26,204  
      Mortgage-backed securities (4)                                      1,032,712   +   23,046   +  179,667  
    Repurchase agreements (5)                                                     0            0            0  
    Loans                                                                       448   -        1   -    7,184  
  Net portfolio holdings of Maiden Lane LLC (6)                               1,400   -        1   -    5,104  
  Net portfolio holdings of Maiden Lane II LLC (7)                               61            0   -    6,654  
  Net portfolio holdings of Maiden Lane III LLC (8)                              22            0   -   17,581  
  Net portfolio holdings of TALF LLC (9)                                        507            0   -      318  
  Items in process of collection                                   (0)          573   +        7   +      364  
  Bank premises                                                               2,308   +        1   +      130  
  Central bank liquidity swaps (10)                                           5,192   -        1   -  102,767  
  Other assets (11)                                                         224,068   -   10,111   +   67,629  
                                                                                                               
Total assets                                                       (0)    3,096,802   +   20,901   +  161,653  

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





8. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Feb 20, 2013   Wednesday    Wednesday  
                                                        consolidation                Feb 13, 2013 Feb 22, 2012 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,127,723   +    4,724   +   79,719 
  Reverse repurchase agreements (12)                                          93,121   +    4,066   +    3,297 
  Deposits                                                          (0)    1,808,112   +   12,702   +   86,827 
    Term deposits held by depository institutions                                  0   -    3,036            0 
    Other deposits held by depository institutions                         1,668,383   -   28,298   +   45,583 
    U.S. Treasury, General Account                                            40,703   -    1,655   +    4,670 
    Foreign official                                                           8,401   +      153   +    8,271 
    Other                                                           (0)       90,625   +   45,538   +   28,303 
  Deferred availability cash items                                  (0)        1,640   +      403   -        2 
  Other liabilities and accrued dividends (13)                                11,224   -      996   -    8,576 
                                                                                                               
Total liabilities                                                   (0)    3,041,820   +   20,898   +  161,264 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             27,491   +        1   +      194 
  Surplus                                                                     27,491   +        1   +      194 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 54,982   +        3   +      388 

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.                                                                                   

 



9. Statement of Condition of Each Federal Reserve Bank, February 20, 2013
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         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                                             2,206          42         103          143         157         391         213         322          37          54         170         207         365
  Securities, repurchase agreements,        
     and loans                                 2,844,229      69,070   1,594,818       94,009      72,301     202,396     171,460     157,761      44,462      25,853      57,134     110,501     244,464
    Securities held outright (1)               2,843,781      69,070   1,594,378       94,009      72,301     202,396     171,460     157,761      44,460      25,853      57,133     110,496     244,464
      U.S. Treasury securities                 1,736,456      42,175     973,552       57,403      44,148     123,586     104,696      96,331      27,148      15,786      34,886      67,470     149,274
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    1,736,456      42,175     973,552       57,403      44,148     123,586     104,696      96,331      27,148      15,786      34,886      67,470     149,274
      Federal agency debt securities (2)          74,613       1,812      41,832        2,467       1,897       5,310       4,499       4,139       1,167         678       1,499       2,899       6,414
      Mortgage-backed securities (4)           1,032,712      25,083     578,994       34,139      26,256      73,500      62,265      57,290      16,145       9,388      20,748      40,126      88,777
    Repurchase agreements (5)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                            448           0         439            0           0           0           0           1           2           0           1           5           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (6)                                  1,400           0       1,400            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane II LLC (7)                                  61           0          61            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane III LLC (8)                                 22           0          22            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (9)             507           0         507            0           0           0           0           0           0           0           0           0           0
  Items in process of collection                     573           0         -48            0           0           0         624           0           0           1           0           0          -5
  Bank premises                                    2,308         118         429           70         115         229         214         202         130         103         252         238         208
  Central bank liquidity swaps (10)                5,192         255       1,660          402         405       1,090         296         148          43          22          53          82         736
  Other assets (11)                              224,068       6,078     119,245        8,622       6,988      19,496      13,450      11,758       3,346       1,968       4,272       8,230      20,613
  Interdistrict settlement account                     0  +    4,843  +   26,579   -   13,714  -    4,475  -   59,248  +   18,065  -   15,896  +        9  +      780  -    7,356  -   10,047  +   60,460
                                                                                                                                                                                                         
Total assets                                   3,096,802      81,011   1,750,417       90,180      76,244     165,657     206,314     155,559      48,490      29,062      54,992     110,218     328,658

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





9. Statement of Condition of Each Federal Reserve Bank, February 20, 2013 (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            1,383,943      47,539     502,194      47,306      61,875     103,682     174,976      95,148      37,357      23,836      38,084      96,765     155,179
    Less: Notes held by F.R. Banks               256,220       9,389      96,015       5,016      10,066      11,417      29,223      14,559       3,286       5,729       9,335      35,347      26,838
      Federal Reserve notes, net               1,127,723      38,150     406,179      42,290      51,810      92,265     145,753      80,588      34,071      18,107      28,750      61,419     128,341
  Reverse repurchase agreements (12)              93,121       2,262      52,209       3,078       2,368       6,628       5,615       5,166       1,456         847       1,871       3,618       8,005
  Deposits                                     1,808,112      37,640   1,267,891      40,234      17,485      54,452      49,681      67,688      12,292       9,594      23,599      43,901     183,655
    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                           1,668,383      37,623   1,128,398      40,203      17,482      54,320      49,671      67,659      12,292       9,593      23,598      43,897     183,646
    U.S. Treasury, General Account                40,703           0      40,703           0           0           0           0           0           0           0           0           0           0
    Foreign official                               8,401           2       8,374           3           3           8           2           1           0           0           0           1           6
    Other                                         90,625          15      90,416          28           0         124           7          28           0           0           1           3           3
  Deferred availability cash items                 1,640           0           0           0           0           0       1,523           0           0         117           0           0           0
  Interest on Federal Reserve notes due     
     to U.S. Treasury (13)                           998          18         582          27          20          59          63          60          18           7          23          46          75
  Other liabilities and accrued             
     dividends (14)                               10,226         248       6,052         317         285         763         545         492         192         156         193         354         629
                                                                                                                                                                                                        
Total liabilities                              3,041,820      78,317   1,732,913      85,947      71,967     154,167     203,180     153,994      48,030      28,828      54,436     109,337     320,704
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 27,491       1,347       8,752       2,116       2,138       5,745       1,567         782         230         117         278         440       3,977
  Surplus                                         27,491       1,347       8,752       2,116       2,138       5,745       1,567         782         230         117         278         440       3,977
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  3,096,802      81,011   1,750,417      90,180      76,244     165,657     206,314     155,559      48,490      29,062      54,992     110,218     328,658

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





9. Statement of Condition of Each Federal Reserve Bank, February 20, 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).

                                                                            



10. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Federal Reserve notes and collateral                                                        Wednesday   
                                                                                          Feb 20, 2013  

Federal Reserve notes outstanding                                                            1,383,943  
  Less: Notes held by F.R. Banks not subject to collateralization                              256,220  
    Federal Reserve notes to be collateralized                                               1,127,723  
Collateral held against Federal Reserve notes                                                1,127,723  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,111,486  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       2,843,781  
  Less: Face value of securities under reverse repurchase agreements                            83,639  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        2,760,142  

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.