FEDERAL RESERVE statistical release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                         September 24, 2009
1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and                            Averages of daily figures
reserve balances of depository institutions at            Week ended   Change from week ended     Wednesday
Federal Reserve Banks                                    Sep 23, 2009 Sep 16, 2009 Sep 24, 2008 Sep 23, 2009

Reserve Bank credit                                       2,132,612   +   44,058   +  998,352    2,141,055
  Securities held outright (1)                            1,578,868   +   46,121   +1,098,596    1,588,434       
    U.S. Treasury securities                                762,747   +    4,694   +  286,190      765,633
      Bills (2)                                              18,423            0            0       18,423
      Notes and bonds, nominal (2)                          694,030   +    4,712   +  282,299      696,923
      Notes and bonds, inflation-indexed (2)                 44,588            0   +    4,756       44,588
      Inflation compensation (3)                              5,706   -       19   -      866        5,699
    Federal agency debt securities (2)                      126,893   +    2,901   +  123,179      129,206
    Mortgage-backed securities (4)                          689,228   +   38,526   +  689,228      693,595
  Repurchase agreements (5)                                       0            0   -  111,714            0
  Term auction credit                                       196,020            0   +   46,020      196,020  
  Other loans                                               111,069   -      421   -   76,684      109,981
    Primary credit                                           28,186   -      495   -   11,171       28,505
    Secondary credit                                            577   +       16   +      558          583
    Seasonal credit                                             121   +        8   +       26          125
    Primary dealer and other broker-dealer credit (6)             0            0   -   88,147            0
    Asset-Backed Commercial Paper Money Market
      Mutual Fund Liquidity Facility                             79            0   -   21,681           79
    Credit extended to American International
      Group, Inc., net (7)                                   39,110   -      318   +      735       38,810
    Term Asset-Backed Securities Loan Facility               42,996   +      367   +   42,996       41,879
    Other credit extensions                                       0            0            0            0
  Net portfolio holdings of Commercial Paper 
    Funding Facility LLC (8)                                 42,820   -    1,959   +   42,820       42,438
  Net portfolio holdings of LLCs funded through
    the Money Market Investor Funding Facility (9)                0            0            0            0
  Net portfolio holdings of Maiden Lane LLC (10)             26,152   +       38   -    3,221       26,189
  Net portfolio holdings of Maiden Lane II LLC (11)          14,651   +       12   +   14,651       14,662
  Net portfolio holdings of Maiden Lane III LLC (12)         20,546   +       30   +   20,546       20,554
  Float                                                      -1,752   +      305   -      694       -1,916
  Central bank liquidity swaps (13)                          59,121   -    1,980   -   76,108       59,121
  Other Federal Reserve assets (14)                          85,117   +    1,912   +   44,139       85,571
Gold stock                                                   11,041            0            0       11,041
Special drawing rights certificate account                    4,771   +    2,571   +    2,571        5,200
Treasury currency outstanding (15)                           42,579   +       14   +    3,904       42,579
       
Total factors supplying reserve funds                     2,191,003   +   46,643   +1,004,827    2,199,875

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
reserve balances of depository institutions at            Week ended   Change from week ended     Wednesday
Federal Reserve Banks                                    Sep 23, 2009 Sep 16, 2009 Sep 24, 2008 Sep 23, 2009

Currency in circulation (15)                                912,084   -    2,362   +   78,283      912,652
Reverse repurchase agreements (16)                           69,036   +    2,085   +    9,246       70,803
  Foreign official and international accounts                69,036   +    2,085   +   12,817       70,803
  Dealers                                                         0            0   -    3,571            0
Treasury cash holdings                                          279   +       13   +       17          287
Deposits with F.R. Banks, other than reserve balances       259,931   +   24,958   +  117,887      257,390       
  U.S. Treasury, general account                             53,301   +   27,955   +   48,213       50,907
  U.S. Treasury, supplementary financing account            199,932            0   +   82,886      199,932
  Foreign official                                            2,451   +       93   +    2,332        2,371
  Service-related                                             3,858   -        8   -    3,506        3,858
    Required clearing balances                                3,858   -        8   -    3,506        3,858
    Adjustments to compensate for float                           0            0            0            0
  Other                                                         389   -    3,081   -   12,038          321
Other liabilities and capital (17)                           60,293   +      197   +   14,515       59,530

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                1,301,623   +   24,892   +  219,949    1,300,663

Reserve balances with Federal Reserve Banks                 889,380   +   21,752   +  784,878      899,213
                                                                
Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight and term securities lending facilities; refer
   to table 1A.  
2. Face value of the securities. 
3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed
   securities.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae.  Current face value of the securities, which is 
   the remaining principal balance of the underlying mortgages.  
5. Cash value of agreements.
6. Includes credit extended through the Primary Dealer Credit Facility and credit extended to certain
   other broker-dealers.
7. Includes outstanding principal and capitalized interest net of unamortized deferred commitment fees and 
   allowance for loan restructuring.  Excludes credit extended to consolidated LLCs.
8. Refer to table 7 and the note on consolidation accompanying table 10.
9. Refer to table 8 and the note on consolidation accompanying table 10.
10. Refer to table 4 and the note on consolidation accompanying table 10.
11. Refer to table 5 and the note on consolidation accompanying table 10.
12. Refer to table 6 and the note on consolidation accompanying table 10.
13. 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.
14. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates.
15. Estimated.
16. Cash value of agreements, which are collateralized by U.S. Treasury securities.
17. Includes the liabilities of Commercial Paper Funding Facility LLC, the LLCs funded through the Money Market 
    Investor Funding Facility, Maiden Lane LLC, Maiden Lane II LLC, and Maiden Lane III LLC to entities other 
    than the Federal Reserve Bank of New York, including liabilities that have recourse only to the portfolio 
    holdings of these LLCs.  Refer to table 4 through table 8 and the note on consolidation accompanying table 10.

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.


1A. Memorandum Items 
Millions of dollars
                                                                   Averages of daily figures
Memorandum item                                           Week ended   Change from week ended     Wednesday
                                                         Sep 23, 2009 Sep 16, 2009 Sep 24, 2008 Sep 23, 2009

Marketable securities held in custody for foreign
      official and international accounts (1)             2,854,357   +   11,556   +  432,462    2,855,524
  U.S. Treasury securities                                2,083,719   +   14,925   +  625,626    2,085,180
  Federal agency securities (2)                             770,638   -    3,369   -  193,164      770,343
Securities lent to dealers                                   11,504   +    1,621   -  193,444        9,250   
  Overnight facility (3)                                     11,504   +    1,621   -    7,808        9,250
    U.S. Treasury securities                                 11,289   +    1,640   -    8,023        9,024
    Federal agency debt securities                              215   -       19   +      215          226
  Term facility (4)                                               0            0   -  185,636            0

Note: Components may not sum to totals because of rounding.

1. Face value of the securities.  Includes U.S. Treasury STRIPS, other zero-coupon bonds, and mortgage-backed 
   securities at face value.
2. Includes debt and mortgage-backed securities.
3. Fully collateralized by U.S. Treasury securities.
4. U.S. Treasury securities only. Fully collateralized by U.S. Treasury securities, federal agency securities, and other highly rated debt securities. 






2. Maturity Distribution of Term Auction Credit, Other Loans, and Securities, September 23, 2009
Millions of dollars

Remaining maturity                 Within 15  16 days to  91 days to  Over 1 year  Over 5 years  Over 10       All
                                      days     90 days      1 year     to 5 years   to 10 years   years 
Term auction credit                  121,172      74,849         ---          ---           ---        ---     196,020
Other loans (1)                       19,409       9,882            0      80,690             0        ---     109,981
U.S. Treasury securities (2) 
  Holdings                            17,988      19,900       58,515     322,425       206,625    140,180     765,633
  Weekly changes                  +    3,867  -    3,867   +       38  +    5,254    +      546 -        8  +    5,830
Federal agency debt securities (3) 
  Holdings                                 0          30       17,997      83,000        26,162      2,017     129,206
  Weekly changes                           0           0   +      414  +    3,633             0          0  +    4,047
Mortgage-backed securities (4)    
  Holdings                                 0           0            0           0             0    693,595     693,595
  Weekly changes                           0           0            0           0             0 +    8,539  +    8,539
Commercial paper held by
  Commercial Paper Funding 
  Facility LLC (5)                     1,156      36,815            0         ---           ---        ---      37,971
Money market instruments held by
  LLCs funded through the Money
  Market Investor Funding
  Facility (6)                             0           0            0         ---           ---        ---           0
Repurchase agreements (7)                  0           0          ---         ---           ---        ---           0
Central bank liquidity swaps (8)      49,204       9,917            0           0             0          0      59,121

Reverse repurchase agreements (7)     70,803           0          ---         ---           ---        ---      70,803
  
Note: Components may not sum to totals because of rounding.
---   Not applicable.

1. Excludes the loans from the Federal Reserve Bank of New York (FRBNY) to Commercial Paper Funding Facility LLC, the 
   LLCs funded through the Money Market Investor Funding Facility, Maiden Lane LLC, Maiden Lane II LLC, and Maiden 
   Lane III LLC.  The loans were eliminated when preparing the FRBNY's statement of condition consistent with 
   consolidation under generally accepted accounting principles.
2. Face value.  For inflation-indexed securities, includes the original face value and compensation that adjusts for 
   the effect of inflation on the original face value of such securities.
3. Face value.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae.  Current face value of the securities, which is the remaining 
   principal balance of the underlying mortgages.
5. Face value of commercial paper held by Commercial Paper Funding Facility LLC.
6. Face value of money market instruments held by LLCs funded through the Money Market Investor Funding Facility.
7. Cash value of agreements.
8. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign 
   currency is returned to the foreign central bank.  This exchange rate equals the market exchange rate used when the 
   foreign currency was acquired from the foreign central bank.


3. Supplemental Information on Mortgage-Backed Securities Purchase Program
Millions of dollars
                                                                                                  Wednesday
Account name                                                                                    Sep 23, 2009

Mortgage-backed securities held outright (1)                                                       693,595

Commitments to buy mortgage-backed securities (2)                                                  165,122
Commitments to sell mortgage-backed securities (2)                                                   2,650

Cash and cash equivalents (3)                                                                          233

1. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae.  Current face value of the securities, which is the
   remaining principal balance of the underlying mortgages.
2. Current face value.  Generally settle within 180 days and include commitments associated with outright
   transactions as well as dollar rolls.
3. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 9 and table 10.


4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
                                                                                                  Wednesday
Account name                                                                                    Sep 23, 2009
         
Net portfolio holdings of Maiden Lane LLC (1)                                                       26,189

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)           28,820
Accrued interest payable to the Federal Reserve Bank of New York (2)                                   373
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)        1,231
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if
   the transaction were to be conducted in an orderly market on the measurement date.  Revalued quarterly. 
   This table reflects valuations as of      June 30, 2009.  Any assets purchased after this valuation date 
   are initially recorded at cost until their estimated fair value as of the purchase date becomes available.
2. Book value.  This amount was eliminated when preparing the Federal Reserve Bank of New York's statement
   of condition consistent with consolidation under generally accepted accounting principles.  Refer to
   the note on consolidation accompanying table 10.
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 9 and table 10.

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                                                                                     Sep 23, 2009

Net portfolio holdings of Maiden Lane II LLC (1)                                                     14,662

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            16,587
Accrued interest payable to the Federal Reserve Bank of New York (2)                                    211
Deferred payment and accrued interest payable to subsidiaries of American International 
  Group, Inc. (3)                                                                                     1,028

1. Fair value.  Fair value reflects an estimate of the price that would be received upon selling an asset if 
   the transaction were to be conducted in an orderly market on the measurement date.  Revalued quarterly.  
   This table reflects valuations as of      June 30, 2009.  Any assets purchased after this valuation date 
   are initially recorded at cost until their estimated fair value as of the purchase date becomes available.
2. Book value.  This amount was eliminated when preparing the Federal Reserve Bank of New York's statement 
   of condition consistent with consolidation under generally accepted accounting principles.  Refer to the 
   note on consolidation accompanying table 10.
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 9 and table 10.

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
                                                                                                   Wednesday
Account name                                                                                     Sep 23, 2009

Net portfolio holdings of Maiden Lane III LLC (1)                                                    20,554

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            19,574
Accrued interest payable to the Federal Reserve Bank of New York (2)                                    276
Outstanding principal amount and accrued interest on loan payable to American International
  Group, Inc. (3)                                                                                     5,148

1. Fair value.  Fair value reflects an estimate of the price that would be received upon selling an asset if 
   the transaction were to be conducted in an orderly market on the measurement date.  Revalued quarterly.  
   This table reflects valuations as of      June 30, 2009.  Any assets purchased after this valuation date 
   are initially recorded at cost until their estimated fair value as of the purchase date becomes available.
2. Book value.  This amount was eliminated when preparing the Federal Reserve Bank of New York's statement 
   of condition consistent with consolidation under generally accepted accounting principles.  Refer to the 
   note on consolidation accompanying table 10.
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 9 and table 10.

Note: On November 25, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane 
III LLC under the authority of section 13(3) of the Federal Reserve Act.  This limited liability company was 
formed to purchase multi-sector collateralized debt obligations (CDOs) on which the Financial Products group 
of American International Group, Inc. (AIG) has written credit default swap (CDS) contracts.  In connection 
with the purchase of CDOs, the CDS counterparties will concurrently unwind the related CDS transactions.  
Payments by Maiden Lane III LLC from the proceeds of the net portfolio holdings will be made in the following 
order: operating expenses of Maiden Lane III LLC, principal due to the FRBNY, interest due to the FRBNY, 
principal due to AIG, and interest due to AIG.  Any remaining funds will be shared by the FRBNY and AIG.


7. Information on Principal Accounts of Commercial Paper Funding Facility LLC
Millions of dollars
                                                                                                   Wednesday
Account name                                                                                     Sep 23, 2009

Commercial paper holdings, net (1)                                                                   37,859
Other investments, net                                                                                4,579
Net portfolio holdings of Commercial Paper Funding Facility LLC                                      42,438

Memorandum: Commercial paper holdings, face value                                                    37,971

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            37,720
Accrued interest payable to the Federal Reserve Bank of New York (2)                                     15

1. Book value, which includes amortized cost and related fees.
2. Book value.  This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of 
   condition consistent with consolidation under generally accepted accounting principles.  Refer to the 
   note on consolidation accompanying table 10.

Note: On October 27, 2008, the Federal Reserve Bank of New York began extending loans under the authority of 
section 13(3) of the Federal Reserve Act to Commercial Paper Funding Facility LLC.  This LLC is a limited 
liability company formed to purchase three-month U.S. dollar-denominated commercial paper from eligible issuers 
and thereby foster liquidity in short-term funding markets and increase the availability of credit for 
businesses and households.


8. Information on Principal Accounts of LLCs Funded through the Money Market Investor Funding Facility 
Millions of dollars
                                                                                                   Wednesday
Account name                                                                                     Sep 23, 2009

Money market instrument holdings, net (1)                                                                 0
Other investments, net                                                                                    0
Net portfolio holdings of LLCs funded through the Money Market Investor Funding Facility                  0

Memorandum: Money market instrument holdings, face value                                                  0

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
Commercial paper issued by LLCs funded through the Money Market Investor Funding Facility, 
  net of related discounts                                                                                0

1. Book value, which includes amortized cost.
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 10.

Note:  The Federal Reserve Board authorized the Federal Reserve Bank of New York to extend credit under the 
authority of section 13(3) of the Federal Reserve Act to a series of limited liability companies funded through 
the Money Market Investor Funding Facility (MMIFF).  The MMIFF became operational on November 24, 2008.  These 
limited liability companies were established to purchase short-term U.S. dollar-denominated certificates of 
deposit, bank notes, and outstanding asset-backed commercial paper from eligible issuers.  Such purchases are 
designed to foster liquidity in short-term money markets.


9. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
                                                 Eliminations                          Change since
                                                     from       Wednesday        Wednesday        Wednesday
Assets, liabilities, and capital                consolidation Sep 23, 2009     Sep 16, 2009     Sep 24, 2008

Assets
Gold certificate account                                           11,037                0                0
Special drawing rights certificate account                          5,200       +    3,000       +    3,000
Coin                                                                1,961       +       24       +      467
Securities, repurchase agreements, term auction
      credit, and other loans                                   1,894,435       +   16,518       +  909,515
  Securities held outright (1)                                  1,588,434       +   18,416       +1,101,856
    U.S. Treasury securities                                      765,633       +    5,830       +  289,055       
      Bills (2)                                                    18,423                0                0
      Notes and bonds, nominal (2)                                696,923       +    5,849       +  285,192
      Notes and bonds, inflation-indexed (2)                       44,588                0       +    4,756
      Inflation compensation (3)                                    5,699       -       19       -      894
    Federal agency debt securities (2)                            129,206       +    4,047       +  119,206
    Mortgage-backed securities (4)                                693,595       +    8,539       +  693,595
  Repurchase agreements (5)                                             0                0       -   86,000    
  Term auction credit                                             196,020                0       +   46,020
  Other loans                                                     109,981       -    1,898       -  152,360
Net portfolio holdings of Commercial Paper 
  Funding Facility LLC (6)                                         42,438       -      536       +   42,438
Net portfolio holdings of LLCs funded through
  the Money Market Investor Funding Facility (7)                        0                0                0
Net portfolio holdings of Maiden Lane LLC (8)                      26,189       +       43       -    3,218
Net portfolio holdings of Maiden Lane II LLC (9)                   14,662       +       13       +   14,662
Net portfolio holdings of 
  Maiden Lane III LLC (10)                                         20,554       +        9       +   20,554
Items in process of collection                         (268)          620       +      407       -      348
Bank premises                                                       2,223       +        5       +       54
Central bank liquidity swaps (11)                                  59,121       -    1,980       -   82,779
Other assets (12)                                                  83,322       +    1,356       +   44,093
     
      Total assets                                     (268)    2,161,763       +   18,860       +  948,440

Note: Components may not sum to totals because of rounding.  Footnotes appear at the end of the table.


9. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
                                                 Eliminations                          Change since
                                                     from       Wednesday        Wednesday        Wednesday
Assets, liabilities, and capital                consolidation Sep 23, 2009     Sep 16, 2009     Sep 24, 2008
                         
Liabilities
Federal Reserve notes, net of F.R. Bank holdings                  872,318       -    1,622       +   72,896
Reverse repurchase agreements (13)                                 70,803       +    1,869       -   19,870
Deposits                                                 (0)    1,156,577       +   18,719       +  881,501       
  Depository institutions                                         903,044       +   40,217       +  807,743
  U.S. Treasury, general account                                   50,907       -   21,492       +   45,732
  U.S. Treasury, supplementary financing account                  199,932                0       +   40,126
  Foreign official                                                  2,371       +        2       +    2,221
  Other                                                  (0)          321       -        9       -   14,323
Deferred availability cash items                       (268)        2,535       -       36       +      155
Other liabilities and accrued dividends (14)                        8,516       +      195       +    4,504

      Total liabilities                                (268)    2,110,749       +   19,126       +  939,186
                          
Capital accounts
Capital paid in                                                    24,878       +        3       +    4,642
Surplus                                                            21,364       +        8       +    2,848
Other capital accounts                                              4,771       -      278       +    1,763

      Total capital                                                51,014       -      266       +    9,255

Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight and term securities lending facilities; refer
   to table 1A.
2. Face value of the securities.
3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed
   securities.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae.  Current face value of the securities, which is 
   the remaining principal balance of the underlying mortgages. 
5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
6. Refer to table 7 and the note on consolidation accompanying table 10.
7. Refer to table 8 and the note on consolidation accompanying table 10.
8. Refer to table 4 and the note on consolidation accompanying table 10.
9. Refer to table 5 and the note on consolidation accompanying table 10.
10. Refer to table 6 and the note on consolidation accompanying table 10.
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. 
13. Cash value of agreements, which are collateralized by U.S. Treasury securities.
14. Includes the liabilities of Commercial Paper Funding Facility LLC, the LLCs funded through the Money Market 
    Investor Funding Facility, Maiden Lane LLC, Maiden Lane II LLC, and Maiden Lane III LLC to entities other 
    than the Federal Reserve Bank of New York, including liabilities that have recourse only to the portfolio 
    holdings of these LLCs.  Refer to table 4 through table 8 and the note on consolidation accompanying table 10. 


10. Statement of Condition of Each Federal Reserve Bank, September 23, 2009
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        412      3,895        450        467        882      1,356        911        329        197        335        621      1,182
Special drawing rights certificate acct.       5,200        196      1,818        210        237        412        654        424        150         90        153        282        574
Coin                                           1,961         61         75        165        143        270        241        246         36         60        133        211        319
Securities, repurchase agreements, term
      auction credit, and other loans      1,894,435     38,260    887,284     32,154     66,760     59,501    192,850    176,215     64,251     26,842     73,490     76,942    199,889
  Securities held outright (1)             1,588,434     30,471    620,880     24,643     62,756     57,242    191,384    171,886     62,229     26,297     71,701     76,803    192,142
    U.S. Treasury securities                 765,633     14,687    299,267     11,878     30,249     27,591     92,248     82,850     29,995     12,675     34,560     37,019     92,614
      Bills (2)                               18,423        353      7,201        286        728        664      2,220      1,994        722        305        832        891      2,228
      Notes and bonds (3)                    747,211     14,334    292,066     11,592     29,521     26,927     90,029     80,856     29,273     12,370     33,728     36,129     90,385
    Federal agency debt securities (2)       129,206      2,479     50,503      2,005      5,105      4,656     15,568     13,981      5,062      2,139      5,832      6,247     15,629
    Mortgage-backed securities (4)           693,595     13,305    271,109     10,760     27,403     24,995     83,569     75,054     27,172     11,483     31,308     33,536     83,900
  Repurchase agreements (5)                        0          0          0          0          0          0          0          0          0          0          0          0          0
  Term auction credit                        196,020      7,567    159,332      7,364      3,963      1,970      1,190      3,303      1,958        369      1,778        126      7,102     
  Other loans                                109,981        222    107,072        147         41        288        275      1,026         64        176         11         13        645
Net portfolio holdings of Commercial
  Paper Funding Facility LLC (6)              42,438          0     42,438          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of LLCs funded
  through the Money Market Investor
  Funding Facility (7)                             0          0          0          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of Maiden Lane 
  LLC (8)                                     26,189          0     26,189          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of Maiden
  Lane II LLC (9)                             14,662          0     14,662          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of Maiden
  Lane III LLC (10)                           20,554          0     20,554          0          0          0          0          0          0          0          0          0          0
Items in process of collection                   888         35          0         20        101         38         31         42         43         34         42        384        118
Bank premises                                  2,223        121        239         69        146        239        222        207        134        111        269        253        212
Central bank liquidity swaps (11)             59,121      2,413     14,916      6,616      4,436     17,090      4,606      2,010        599        927        594        774      4,140
Other assets (12)                             83,322      2,166     29,432      3,760      4,162      9,556      8,823      6,975      2,494      1,365      2,830      3,104      8,655
Interdistrict settlement account                   0  +  19,739  +  75,201  +  14,328  -  21,457  + 172,302  -  55,777  -  73,042  -  31,327  -   7,019  -  32,709  -  13,076  -  47,163

      Total assets                         2,162,031     63,402  1,116,702     57,772     54,995    260,290    153,006    113,987     36,709     22,607     45,137     69,496    167,927

Note: Components may not sum to totals because of rounding.  Footnotes appear at the end of the table.


10. Statement of Condition of Each Federal Reserve Bank, September 23, 2009 (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           1,062,058     35,096    389,449     39,295     44,728     82,326    132,102     85,453     30,935     19,577     28,559     63,134    111,404
  Less: Notes held by F.R. Banks              189,740      4,916     60,271      7,188      8,997     12,314     26,418     14,166      4,579      3,285      3,556     16,690     27,361
    Federal Reserve notes, net                872,318     30,180    329,178     32,107     35,731     70,011    105,685     71,287     26,356     16,292     25,003     46,444     84,042
Reverse repurchase agreements (13)             70,803      1,358     27,675      1,098      2,797      2,552      8,531      7,662      2,774      1,172      3,196      3,423      8,565
Deposits                                    1,156,577     29,765    739,827     18,734     12,540    173,080     34,628     32,638      6,761      3,281     16,094     18,532     70,697
  Depository institutions                     903,044     29,763    486,453     18,730     12,535    173,000     34,625     32,586      6,755      3,281     16,092     18,532     70,693
  U.S. Treasury, general account               50,907          0     50,907          0          0          0          0          0          0          0          0          0          0
  U.S. Treasury, supplementary
    financing account                         199,932          0    199,932          0          0          0          0          0          0          0          0          0          0
  Foreign official                              2,371          2      2,342          4          3         11          3          1          0          1          0          1          3
  Other                                           321          1        193          0          1         68          0         51          5          0          1          0          1
Deferred availability cash items                2,804         73          0        426        398        102        261        211         70        293        160        218        591
Other liabilities and accrued                 
  dividends (14)                                8,516        163      4,865        186        258        530        600        508        231        141        214        271        549
   
      Total liabilities                     2,111,018     61,540  1,101,546     52,552     51,724    246,275    149,704    112,305     36,192     21,180     44,667     68,889    164,443
                              
Capital                    
Capital paid in                                24,878        921      7,294      2,603      1,613      7,002      1,556        777        237        711        209        280      1,675
Surplus                                        21,364        844      5,893      2,316      1,551      5,982      1,612        704        209        324        207        271      1,450
Other capital                                   4,771         96      1,969        301        107      1,032        135        201         72        392         54         55        359

      Total liabilities and capital         2,162,031     63,402  1,116,702     57,772     54,995    260,290    153,006    113,987     36,709     22,607     45,137     69,496    167,927
                              
Note: Components may not sum to totals because of rounding.  Footnotes appear at the end of the table.


10. Statement of Condition of Each Federal Reserve Bank, September 23, 2009 (continued)

1. Includes securities lent to dealers under the overnight and term securities lending facilities; refer to table 1A.
2. Face value of the securities.
3. Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such securities.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae.  Current face value of the securities, which is the remaining principal balance of the underlying mortgages. 
5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
6. Refer to table 7 and the note on consolidation below.
7. Refer to table 8 and the note on consolidation below.
8. Refer to table 4 and the note on consolidation below.
9. Refer to table 5 and the note on consolidation below.
10. Refer to table 6 and the note on consolidation below.
11. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank.  This 
    exchange rate equals the market exchange rate used when the foreign currency was acquired from the foreign central bank.
12. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates.
13. Cash value of agreements, which are collateralized by U.S. Treasury securities.
14. Includes the liabilities of Commercial Paper Funding Facility LLC, the LLCs funded through the Money Market Investor Funding Facility, Maiden Lane LLC, Maiden Lane II LLC, and  Maiden 
    Lane III LLC to entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only to the portfolio holdings of these LLCs.  Refer to table 4 through 
    table 8 and the note on consolidation 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 October 27, 2008, the FRBNY began extending loans to Commercial Paper Funding 
Facility LLC, which was formed to purchase three-month U.S. dollar-denominated commercial paper from eligible issuers. On October 21, 2008, the Federal Reserve Board authorized the FRBNY 
to extend credit to a series of LLCs funded through the Money Market Investor Funding Facility.  These LLCs, which became operational on November 24, 2008, were established to purchase 
short-term U.S. dollar-denominated certificates of deposit, bank notes, and commercial paper from eligible issuers.  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.

The FRBNY is the sole beneficiary of Commercial Paper Funding Facility LLC and the primary beneficiary of the other LLCs cited above. 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 9), 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 9).


11. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars

Federal Reserve notes and collateral                                                              Wednesday
                                                                                                Sep 23, 2009
              
Federal Reserve notes outstanding                                                                1,062,058
  Less: Notes held by F.R. Banks not subject to collateralization                                  189,740
    Federal Reserve notes to be collateralized                                                     872,318 
Collateral held against Federal Reserve notes                                                      872,318
  Gold certificate account                                                                          11,037
  Special drawing rights certificate account                                                         5,200
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                         856,081
  Other assets pledged                                                                                   0

Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                           1,588,434
  Less: Face value of securities under reverse repurchase agreements                                70,878
    U.S. Treasury, agency debt, and mortgage-backed securities
    eligible to be pledged                                                                       1,517,556
   
Note: Components may not sum to totals because of rounding.

1. Includes face value of U.S. Treasury, agency debt, and mortgage-backed securities held outright, 
   compensation to adjust for the effect of inflation on the original face value of inflation-indexed 
   securities, and cash value of repurchase agreements.
2. Includes securities lent to dealers under the overnight and term securities lending facilities; refer
   to table 1A.