FEDERAL RESERVE statistical release
H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                              August 30, 2012
 
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   Aug 29, 2012
Federal Reserve Banks                                     Aug 29, 2012 Aug 22, 2012 Aug 31, 2011
 
Reserve Bank credit                                        2,803,639   -    7,005   -   32,135    2,795,420
  Securities held outright (1)                             2,578,185   -    8,111   -   66,322    2,570,220
    U.S. Treasury securities                               1,638,335   -    2,042   -   11,451    1,639,413
      Bills (2)                                                    0            0   -   18,423            0
      Notes and bonds, nominal (2)                         1,557,926   -    2,015   +    2,406    1,559,014
      Notes and bonds, inflation-indexed (2)                  70,435            0   +    4,058       70,435
      Inflation compensation (3)                               9,975   -       26   +      508        9,965
    Federal agency debt securities (2)                        87,210   -    1,297   -   22,566       87,210
    Mortgage-backed securities (4)                           852,640   -    4,772   -   32,305      843,597
  Repurchase agreements (5)                                        0            0            0            0
  Loans                                                        2,596   -      817   -    9,102        2,420
    Primary credit                                                32   +       22   +       25           51
    Secondary credit                                               0            0            0            0
    Seasonal credit                                              147   +        3   +       52          146
    Term Asset-Backed Securities Loan Facility (6)             2,417   -      841   -    9,178        2,222
    Other credit extensions                                        0            0            0            0
  Net portfolio holdings of Maiden Lane LLC (7)                1,874   +        6   -   16,332        1,908
  Net portfolio holdings of Maiden Lane II LLC (8)                61            0   -   10,016           61
  Net portfolio holdings of Maiden Lane III LLC (9)            1,559   +       81   -   19,762        1,585
  Net portfolio holdings of TALF LLC (10)                        851   +        2   +       76          851
  Float                                                         -601   +       43   +      327         -768
  Central bank liquidity swaps (11)                           25,683   -      801   +   25,683       25,683
  Other Federal Reserve assets (12)                          193,431   +    2,593   +   63,313      193,461
Gold stock                                                    11,041            0            0       11,041
Special drawing rights certificate account                     5,200            0            0        5,200
Treasury currency outstanding (13)                            44,648   +       14   +      614       44,648

Total factors supplying reserve funds                      2,864,529   -    6,990   -   31,520    2,856,309
 
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   Aug 29, 2012
Federal Reserve Banks                                     Aug 29, 2012 Aug 22, 2012 Aug 31, 2011
 
Currency in circulation (13)                               1,119,124   +    2,490   +   85,088    1,123,554
Reverse repurchase agreements (14)                            92,818   -      458   -    9,730       92,651
  Foreign official and international accounts                 92,818   -      458   -    9,730       92,651
  Others                                                           0            0            0            0
Treasury cash holdings                                           126   -        3   -        4          118
Deposits with F.R. Banks, other than reserve balances         83,057   -      147   +    6,634       42,722
  Term deposits held by depository institutions                    0            0            0            0
  U.S. Treasury, General Account                              25,194   +    1,156   +    4,874       25,021
  U.S. Treasury, Supplementary Financing Account                   0            0            0            0
  Foreign official                                             5,090   +        3   +      987        5,084
  Service-related                                                  0            0   -    2,475            0
    Required clearing balances                                     0            0   -    2,475            0
    Adjustments to compensate for float                            0            0            0            0
  Other                                                       52,772   -    1,308   +    3,246       12,616
Other liabilities and capital (15)                            67,088   +      565   -    4,248       66,077

Total factors, other than reserve balances,
   absorbing reserve funds                                 1,362,212   +    2,446   +   77,739    1,325,122

Reserve balances with Federal Reserve Banks                1,502,317   -    9,436   -  109,259    1,531,187
 
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
                                                                Averages of daily figures         Wednesday  
                                                           Week ended   Change from week ended   Aug 29, 2012
Memorandum item                                           Aug 29, 2012 Aug 22, 2012 Aug 31, 2011
 
Marketable securities held in custody for foreign
   official and international accounts (1)                 3,567,605   +    4,475   +   80,699    3,567,303
  U.S. Treasury securities                                 2,867,877   -      311   +  113,577    2,866,324
  Federal agency securities (2)                              699,728   +    4,786   -   32,878      700,979
Securities lent to dealers                                     6,200   -      453   -    6,330        6,153
  Overnight facility (3)                                       6,200   -      453   -    6,330        6,153
    U.S. Treasury securities                                   5,574   -      480   -    6,438        5,527
    Federal agency debt securities                               626   +       27   +      108          626
 
Note: Components may not sum to totals because of rounding.

1. Face value of the securities. Includes U.S. Treasury STRIPS and other zero-coupon bonds at face value and
   mortgage-backed securities at original face value.
2. Includes debt and mortgage-backed securities.
3. Fully collateralized by U.S. Treasury securities.

 
2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities,    August 29, 2012
Millions of dollars
                                       Within 15    16 days to   91 days to  Over 1 year  Over 5 years    Over 10        All     
Remaining maturity                        days       90 days       1 year     to 5 years   to 10 years     years    
 
Loans (1)                                    237          241          811        1,131            0           ...        2,420
U.S. Treasury securities (2)
  Holdings                                 3,556          828        4,812      490,195      778,166       361,856    1,639,413
  Weekly changes                               0            0            0   -    7,803   +    4,639    +    5,425   +    2,261
Federal agency debt securities (3)
  Holdings                                     0        7,927       13,570       58,956        4,410         2,347       87,210
  Weekly changes                               0   +      794   -      794            0            0             0            0
Mortgage-backed securities (4)
  Holdings                                     0            0            2            4          268       843,322      843,597
  Weekly changes                               0            0            0   -        1   +       16    -   15,729   -   15,713
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)          18,396        7,287            0            0            0             0       25,683

Reverse repurchase agreements (6)         92,651            0          ...          ...          ...           ...       92,651
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
                                                                                                                        Wednesday   
Account name                                                                                                           Aug 29, 2012 
 
Mortgage-backed securities held outright (1)                                                                             843,597

Commitments to buy mortgage-backed securities (2)                                                                         45,419
Commitments to sell mortgage-backed securities (2)                                                                             0

Cash and cash equivalents (3)                                                                                                 66
 
1. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal
   balance of the underlying mortgages.
2. Current face value. Generally settle within 180 days and include commitments associated with outright transactions, dollar rolls,
   and coupon swaps.
3. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 8 and table 9.

 
4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Aug 29, 2012 
 
Net portfolio holdings of Maiden Lane LLC (1)                                                                              1,908

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)                                487
 
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, 2012. Any assets purchased after this valuation date are initially recorded at cost until their estimated fair
   value as of the purchase date becomes available.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent
   with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.
3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities
   and accrued dividends in table 8 and table 9.

Note: On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC under the authority of
section 13(3) of the Federal Reserve Act. This limited liability company was formed to acquire certain assets of Bear Stearns and to
manage those assets through time to maximize repayment of the credit extended and to minimize disruption to financial markets.
Payments by Maiden Lane LLC from the proceeds of the net portfolio holdings will be made in the following order: operating expenses
of the LLC, principal due to the FRBNY, interest due to the FRBNY, principal due to JPMorgan Chase & Co., and interest due to
JPMorgan Chase & Co. Any remaining funds will be paid to the FRBNY.

 
5. Information on Principal Accounts of Maiden Lane II LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Aug 29, 2012 
 
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
        June 30, 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
                                                                                                                        Wednesday   
Account name                                                                                                           Aug 29, 2012 
 
Net portfolio holdings of Maiden Lane III LLC (1)                                                                          1,585

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
        June 30, 2012. Any assets purchased after this valuation date are initially recorded at cost until their estimated fair
   value as of the purchase date becomes available.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent
   with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.
3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities
   and accrued dividends in table 8 and table 9.

Note: On November 25, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane III LLC under the
authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase multi-sector
collateralized debt obligations (CDOs) on which the Financial Products group of American International Group, Inc. (AIG) has written
credit default swap (CDS) contracts. In connection with the purchase of CDOs, the CDS counterparties will concurrently unwind the
related CDS transactions. Payments by Maiden Lane III LLC from the proceeds of the net portfolio holdings will be made in the
following order: operating expenses of Maiden Lane III LLC, principal due to the FRBNY, interest due to the FRBNY, principal due to
AIG, and interest due to AIG. Any remaining funds will be shared by the FRBNY and AIG.

 
7. Information on Principal Accounts of TALF LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Aug 29, 2012 
 
Asset-backed securities holdings (1)                                                                                           0
Other investments, net                                                                                                       851
Net portfolio holdings of TALF LLC                                                                                           851

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)                                        112
 
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, by the interest received on investments of TALF LLC, by up to $1.4 billion in subordinated debt funding provided by the U.S.
Treasury, and finally, by senior debt funding provided by the FRBNY. Payments by TALF LLC from the proceeds of its net portfolio
holdings will be made in the following order: operating expenses of TALF LLC, principal due to the FRBNY, principal due to the U.S.
Treasury, interest due to the FRBNY, and interest due to the U.S. Treasury. Any remaining funds will be shared by the FRBNY and the
U.S. Treasury.

 
8. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
                                                       Eliminations from  Wednesday         Change since       
                                                        consolidation   Aug 29, 2012   Wednesday    Wednesday  
Assets, liabilities, and capital                                                      Aug 22, 2012 Aug 31, 2011
 
Assets
  Gold certificate account                                                  11,037             0            0
  Special drawing rights certificate account                                 5,200             0            0
  Coin                                                                       2,150    -        8   -       51
  Securities, repurchase agreements, and loans                           2,572,640    -   13,880   -   85,900
    Securities held outright (1)                                         2,570,220    -   13,452   -   76,614
      U.S. Treasury securities                                           1,639,413    +    2,261   -   12,700
        Bills (2)                                                                0             0   -   18,423
        Notes and bonds, nominal (2)                                     1,559,014    +    2,288   +    1,559
        Notes and bonds, inflation-indexed (2)                              70,435             0   +    3,681
        Inflation compensation (3)                                           9,965    -       26   +      484
      Federal agency debt securities (2)                                    87,210             0   -   22,566
      Mortgage-backed securities (4)                                       843,597    -   15,713   -   41,348
    Repurchase agreements (5)                                                    0             0            0
    Loans                                                                    2,420    -      427   -    9,286
  Net portfolio holdings of Maiden Lane LLC (6)                              1,908    +       39   -   16,322
  Net portfolio holdings of Maiden Lane II LLC (7)                              61             0   -   10,048
  Net portfolio holdings of Maiden Lane III LLC (8)                          1,585    +       31   -   19,742
  Net portfolio holdings of TALF LLC (9)                                       851             0   +       76
  Items in process of collection                            (195)               63    -       84   -      197
  Bank premises                                                              2,357    +        1   +      168
  Central bank liquidity swaps (10)                                         25,683    -      801   +   25,683
  Other assets (11)                                                        191,104    +    1,764   +   63,579

Total assets                                                (195)        2,814,638    -   12,939   -   42,756
 
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
                                                       Eliminations from  Wednesday         Change since       
                                                        consolidation   Aug 29, 2012   Wednesday    Wednesday  
Assets, liabilities, and capital                                                      Aug 22, 2012 Aug 31, 2011
 
Liabilities
  Federal Reserve notes, net of F.R. Bank holdings                       1,081,169    +    5,415   +   85,113
  Reverse repurchase agreements (12)                                        92,651    -    1,062   -   11,893
  Deposits                                                  (108)        1,573,909    -   17,317   -  110,897
    Term deposits held by depository institutions                                0             0            0
    Other deposits held by depository institutions                       1,531,187    +   21,340   -   60,808
    U.S. Treasury, General Account                                          25,021    +   11,341   -   17,460
    U.S. Treasury, Supplementary Financing Account                               0             0            0
    Foreign official                                                         5,084    +        1   +    2,409
    Other                                                   (108)           12,616    -   50,000   -   35,038
  Deferred availability cash items                           (87)              832    +       11   -      586
  Other liabilities and accrued dividends (13)                              11,408    +        5   -    7,272

Total liabilities                                           (195)        2,759,969    -   12,948   -   45,535

Capital accounts
  Capital paid in                                                           27,334    +        4   +    1,389
  Surplus                                                                   27,334    +        4   +    1,389
  Other capital accounts                                                         0             0            0

Total capital                                                               54,669    +        9   +    2,779
 
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,    August 29, 2012
Millions of dollars
                                               Total      Boston     New York   Philadelphia Cleveland   Richmond     Atlanta     Chicago    St. Louis  Minneapolis   Kansas      Dallas        San    
Assets, liabilities, and capital                                                                                                                                       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                                           2,150          48          93         147         147         384         202         318          35          53         164         206         354
  Securities, repurchase agreements,
     and loans                               2,572,640      62,427   1,443,227      84,966      65,346     182,926     155,005     142,598      40,218      23,439      51,651      99,881     220,956
    Securities held outright (1)             2,570,220      62,426   1,441,005      84,966      65,346     182,926     154,967     142,585      40,183      23,366      51,637      99,866     220,948
      U.S. Treasury securities               1,639,413      39,818     919,144      54,195      41,681     116,679      98,845      90,948      25,631      14,904      32,937      63,700     140,931
        Bills (2)                                    0           0           0           0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                  1,639,413      39,818     919,144      54,195      41,681     116,679      98,845      90,948      25,631      14,904      32,937      63,700     140,931
      Federal agency debt securities (2)        87,210       2,118      48,895       2,883       2,217       6,207       5,258       4,838       1,363         793       1,752       3,389       7,497
      Mortgage-backed securities (4)           843,597      20,489     472,966      27,887      21,448      60,040      50,863      46,799      13,189       7,669      16,948      32,778      72,519
    Repurchase agreements (5)                        0           0           0           0           0           0           0           0           0           0           0           0           0
    Loans                                        2,420           1       2,222           0           0           0          38          13          35          73          14          15           8
  Net portfolio holdings of Maiden
     Lane LLC (6)                                1,908           0       1,908           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)                            1,585           0       1,585           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (9)           851           0         851           0           0           0           0           0           0           0           0           0           0
  Items in process of collection                   258           2           0          51          23           6          81          16           3          45           3           8          20
  Bank premises                                  2,357         121         459          67         123         229         213         204         131         104         255         241         211
  Central bank liquidity swaps (10)             25,683         900       8,285       2,228       1,899       5,313       1,469         685         210         105         255         411       3,923
  Other assets (11)                            191,104       4,940     100,688       7,720       6,094      17,179      11,476       9,859       2,820       1,658       3,599       6,960      18,110
  Interdistrict settlement account                   0   +   5,407   -  12,001   -  17,099   -   1,095   -  29,190   +  25,588   -   6,130   +   2,265   +   1,191   -   1,627   -   3,304   +  35,997

Total assets                                 2,814,833      74,449   1,550,798      78,726      73,288     178,148     196,024     148,812      46,145      26,877      54,768     105,410     281,388
 
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,    August 29, 2012 (continued)
Millions of dollars
                                               Total      Boston     New York   Philadelphia Cleveland   Richmond     Atlanta     Chicago    St. Louis  Minneapolis   Kansas      Dallas        San    
Assets, liabilities, and capital                                                                                                                                       City                  Francisco 
 
Liabilities
  Federal Reserve notes outstanding          1,289,255      45,866     449,410      47,510      61,432     102,083     174,295      94,416      37,369      22,610      36,468      80,385     137,411
    Less: Notes held by F.R. Banks             208,086       4,993      80,184       5,836       8,539      12,537      26,417      13,466       4,242       3,474       3,808      19,191      25,399
      Federal Reserve notes, net             1,081,169      40,873     369,226      41,673      52,893      89,546     147,879      80,950      33,128      19,136      32,660      61,193     112,011
  Reverse repurchase agreements (12)            92,651       2,250      51,945       3,063       2,356       6,594       5,586       5,140       1,449         842       1,861       3,600       7,965
  Deposits                                   1,574,017      28,396   1,104,898      29,256      13,452      70,266      38,749      60,674      10,916       6,298      19,473      39,332     152,305
    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                          1,531,187      28,393   1,062,375      29,237      13,449      70,142      38,634      60,647      10,916       6,298      19,472      39,328     152,297
    U.S. Treasury, General Account              25,021           0      25,021           0           0           0           0           0           0           0           0           0           0
    U.S. Treasury, Supplementary
       Financing Account                             0           0           0           0           0           0           0           0           0           0           0           0           0
    Foreign official                             5,084           1       5,057           3           3           8           2           1           0           0           0           1           6
    Other                                       12,724           2      12,445          16           0         116         113          26           0           0           1           3           1
  Deferred availability cash items                 919          28           0          90          41          20         172          27          21         222          25          60         213
  Interest on Federal Reserve notes due
     to U.S. Treasury (13)                       1,840          42       1,053          64          51         141         102          93          25          14          33          60         161
  Other liabilities and accrued
     dividends (14)                              9,568         200       6,219         252         241         628         423         375         159         135         166         278         490

Total liabilities                            2,760,164      71,791   1,533,342      74,399      69,034     167,196     192,911     147,259      45,697      26,648      54,218     104,523     273,146

Capital
  Capital paid in                               27,334       1,329       8,728       2,163       2,127       5,476       1,556         776         224         114         275         444       4,121
  Surplus                                       27,334       1,329       8,728       2,163       2,127       5,476       1,556         776         224         114         275         444       4,121
  Other capital                                      0           0           0           0           0           0           0           0           0           0           0           0           0

Total liabilities and capital                2,814,833      74,449   1,550,798      78,726      73,288     178,148     196,024     148,812      46,145      26,877      54,768     105,410     281,388
 
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,    August 29, 2012 (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
                                                                                            Wednesday   
Federal Reserve notes and collateral                                                       Aug 29, 2012 
 
Federal Reserve notes outstanding                                                          1,289,255
  Less: Notes held by F.R. Banks not subject to collateralization                            208,086
    Federal Reserve notes to be collateralized                                             1,081,169
Collateral held against Federal Reserve notes                                              1,081,169
  Gold certificate account                                                                    11,037
  Special drawing rights certificate account                                                   5,200
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                 1,064,932
  Other assets pledged                                                                             0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                     2,570,220
  Less: Face value of securities under reverse repurchase agreements                          79,205
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged      2,491,015
 
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.