FEDERAL RESERVE Statistical Release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                           February 2, 2006
1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
                                                                   Averages of daily figures
Reserve Bank credit, related items, and                   Week ended   Change from week ended     Wednesday
reserve balances of depository institutions at            Feb 1, 2006 Jan 25, 2006  Feb 2, 2005  Feb 1, 2006
Federal Reserve Banks

Reserve Bank Credit                                         814,350    +   2,389    +  30,123      813,158
 Securities held outright                                   748,672    +   2,744    +  30,817      748,840       
    U.S. Treasury (1)                                       748,672    +   2,744    +  30,817      748,840
       Bills (2)                                            272,837    +       3    +   9,857      272,854
       Notes and bonds, nominal (2)                         451,671    +   2,282    +  16,528      450,580
       Notes and bonds, inflation-indexed (2)                20,936    +     505    +   3,542       22,196
       Inflation compensation (3)                             3,229    -      45    +     892        3,210
    Federal agency (2)                                            0            0            0            0      
 Repurchase agreements(4)                                    25,393    -     250    -     928       23,000
 Loans to depository institutions                                40    +       1    -      21           55
    Primary credit                                               11    +       1    -      31           30
    Secondary credit                                              0            0            0            0
    Seasonal credit                                              29    +       1    +      10           25
 Float                                                         -177    -     290    -     241        1,054
 Other Federal Reserve assets                                40,423    +     184    +     496       40,208
Gold stock                                                   11,043            0            0       11,044
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (5)                            36,666    +      14    +     232       36,666
       
Total factors supplying reserve funds                       864,259    +   2,403    +  30,355      863,068
                                                                   
Currency in circulation(5)                                  781,146    -   1,029    +  34,135      783,830
Reverse repurchase agreements (6)                            23,811    +     235    -   2,994       23,180
   Foreign official and international accounts               23,811    +     235    -   2,994       23,180
   Dealers                                                        0            0            0            0
Treasury cash holdings                                          215    +       6    -      57          208
Deposits with F.R.Banks, other than reserve balances         14,169    -     295    -     260       14,194       
  U.S. Treasury, general account                              5,117    -     197    +      47        5,095
  Foreign official                                               83    +       1    -      14           83
  Service-related                                             8,695            0    -     251        8,695
     Required clearing balances                               8,695            0    -     251        8,695
     Adjustments to compensate for float                          0            0            0            0
  Other                                                         274    -      98    -      42          321
Other liabilities and capital                                31,486    +      57    +   4,871       30,948

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                  850,827    -   1,027    +  35,695      852,360

Reserve balances with Federal Reserve Banks                  13,432    +   3,429    -   5,340       10,708
                                                                

Memo (off-balance-sheet items):
  Marketable securities held in custody for foreign
         official and international accounts(2,7)         1,540,038    +   3,168    + 193,543    1,542,207
     U.S. Treasury                                        1,101,638    -   2,686    +  39,838    1,103,969
     Federal agency                                         438,400    +   5,854    + 153,705      438,238
  Securities lent to dealers                                  3,713    +   1,442    +      74        4,448   


Note: Components may not sum to totals because of rounding.


1  Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.  
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  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
5  Estimated. 
6  Cash value of agreements, which are collateralized by U.S. Treasury securities.
7  Includes U.S. Treasury STRIPS and other zero coupon bonds at face value.


Sources: Federal Reserve Banks and the U.S. Department of the Treasury.


2. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of Dollars
                                              Eliminations                          Change Since
                                                  from       Wednesday        Wednesday        Wednesday
Assets, liabilities, and capital             consolidation  Feb 1, 2006     Jan 25, 2006      Feb 2, 2005

Assets
Gold certificate account                                        11,040        +       1        +       2
Special drawing rights certificate account                       2,200                0                0
Coin                                                               810        +      40        +       4
Securities, repurchase agreements, and loans                   771,896        +     278        +  29,665
   Securities held outright                                    748,840        +   2,252        +  30,942
      U.S. Treasury (1)                                        748,840        +   2,252        +  30,942       
         Bills (2)                                             272,854        +      20        +   9,849
         Notes and bonds, nominal (2)                          450,580        +     515        +  17,151
         Notes and bonds, inflation-indexed (2)                 22,196        +   1,765        +   3,088
         Inflation compensation (3)                              3,210        -      48        +     854
      Federal agency (2)                                             0                0                0
   Repurchase agreements (4)                                    23,000        -   2,000        -   1,250    
   Loans                                                            55        +      25        -      28
Items in process of collection                    (1,482)        8,508        +   2,922        +     562
Bank premises                                                    1,824        +       1        +      43
Other assets (5)                                                38,386        -     236        -   1,980
      Total assets                                (1,482)      834,663        +   3,004        +  28,295
                          
Liabilities
Federal Reserve notes net of FR Bank holdings                  748,178        +   1,725        +  33,929
Reverse repurchase agreements (6)                               23,180        +   1,489        -   4,692
Deposits                                              (0)       24,905        -     940        -   4,836       
  Depository institutions                                       19,406        -     717        -   4,773
  U.S. Treasury, general account                                 5,095        -     171        -       2
  Foreign official                                                  83        +       2        -      73
  Other                                               (0)          321        -      53        +      12
Deferred availability cash items                  (1,482)        7,453        +   1,055        -     503
Other liabilities and accrued dividends (7)                      4,102        +      66        +   1,268
      Total liabilities                           (1,482)      807,818        +   3,394        +  25,166
                          
Capital Accounts
Capital paid in                                                 13,558        +       7        +   1,121
Surplus                                                         12,879        -      22        +   1,883
Other capital accounts                                             408        -     375        +     125
      Total capital                                             26,845        -     390        +   3,129


Note: Components may not sum to totals because of rounding.

1  Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.
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  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securites.
5  Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates. 
6  Cash value of agreements, which are collateralized by U.S. Treasury securities.
7  Includes exchange-translation account reflecting the daily revaluation at market exchange rates of 
   foreign exchange commitments.



3. Maturity Distribution of Loans and Securities,   February 1, 2006
Millions of dollars
                                    U.S. Treasury           Federal agency                      Reverse
Maturity             Loans           securities (1)          securities           Repurchase   repurchase
                                              Weekly                    Weekly    agreements(2)agreements(2)
                                  Holdings    changes      Holdings    changes    
Within 15 days              35       54,102   -   5,245            0           0       23,000       23,180
16 days to 90 days          20      162,842   +   6,692            0           0            0            0
91 days to 1 year            0      186,158   -   2,706            0           0     ------      ------
Over 1 to 5 years     ------        209,981   +   1,702            0           0     ------      ------
Over 5 to 10 years    ------         56,647   +      70            0           0     ------      ------
Over 10 years         ------         79,111   +   1,740            0           0     ------      ------
                   		 	
All                         55      748,840   +   2,252            0           0       23,000      23,180

Note: Components may not sum to totals because of rounding.
---   Not applicable.

1  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. 
2  Cash value of agreements classified by remaining maturity of the agreements.



4. Statement of Condition of Each Federal Reserve Bank on   February 1, 2006
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                      11,040        510      4,358        432        453        836        945        928        327        212        318        549      1,172
Special drawing rights certificate acct.       2,200        115        874         83        104        147        166        212         71         30         66         98        234
Coin                                             810         33         56         42         62         89        110         93         46         30         68         75        105
Securities, repurchase agreements,
      and loans                              771,896     38,318    319,941     26,565     31,635     57,149     57,934     67,452     23,267     15,641     21,184     36,882     75,928
   Securities held outright                  748,840     38,313    296,941     26,565     31,635     57,149     57,934     67,437     23,237     15,640     21,180     36,882     75,928
      U.S. Treasury (1)                      748,840     38,313    296,941     26,565     31,635     57,149     57,934     67,437     23,237     15,640     21,180     36,882     75,928
         Bills (2)                           272,854     13,960    108,196      9,679     11,527     20,823     21,109     24,572      8,467      5,699      7,717     13,438     27,666
         Notes and bonds(3)                  475,986     24,353    188,745     16,885     20,108     36,326     36,825     42,865     14,770      9,941     13,463     23,443     48,262
         Federal agency (2)                        0          0          0          0          0          0          0          0          0          0          0          0          0
      Repurchase agreements(4)                23,000          0     23,000          0          0          0          0          0          0          0          0          0          0
      Loans                                       55          5          0          0          0          0          0         16         29          1          4          0          0
Items in process of collection                 9,989        498        742        537      1,180        518      1,718        360        569        484        731        883      1,770
Bank premises                                  1,824        112        205         54        157        153        232        210         69        119         88        260        165
Other assets(5)                               38,386      3,269     14,563      1,145      2,482      4,883      2,178      2,690        943        758        712      1,041      3,724
Interdistrict settlement account                   0    - 5,178    -31,693    + 4,794    -    54    + 7,406    +11,668    -    51    +   944    -   588    + 1,665    - 3,905    +14,992
          Total Assets                       836,145     37,678    309,046     33,651     36,019     71,180     74,951     71,894     26,236     16,686     24,832     35,883     98,090

Note: Components may not sum to totals because of rounding.

1  Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.
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  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
5  Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates.




4. Statement of Condition of Each Federal Reserve Bank on   February 1, 2006
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             909,157     39,165    326,185     37,272     36,228     71,005     88,380     77,399     27,948     17,775     27,718     49,908    110,171
  Less: notes held by F.R. Banks              160,979      5,171     47,170      7,405      5,557     12,449     20,861     12,154      3,667      2,894      5,370     17,013     21,268
    Federal Reserve notes, net                748,178     33,994    279,015     29,868     30,671     58,556     67,519     65,245     24,281     14,880     22,348     32,895     88,904
Reverse repurchase agreements (1)              23,180      1,186      9,192        822        979      1,769      1,793      2,087        719        484        656      1,142      2,350
Deposits                                       24,905        980     10,800        563      1,357      2,354      2,162      1,879        561        339        727        798      2,385
  Depository institutions                      19,406        973      5,476        561      1,353      2,211      2,160      1,876        555        338        726        796      2,381
  U.S. Treasury, general account                5,095          0      5,095          0          0          0          0          0          0          0          0          0          0
  Foreign official                                 83          5         55          1          4          7          2          3          1          1          1          0          4
  Other                                           321          1        173          2          0        136          0          1          5          0          1          1          0
Deferred availability cash items                8,935        667      1,091        738        792        715      1,327        512        221        382        609        517      1,364
Other liabilities and accrued                 
  dividends (2)                                 4,102        223      1,442        166        202        379        335        375        153        111        130        207        380
   
    Total liabilities                         809,300     37,050    301,540     32,157     34,001     63,773     73,136     70,099     25,936     16,197     24,471     35,558     95,384
                              
Capital                    
Capital paid in                                13,558        323      3,688        744      1,014      3,944        893        884        144        243        175        153      1,352
Surplus                                        12,879        304      3,685        744      1,004      3,307        892        876        144        245        175        153      1,349
Other capital                                     408          0        132          6          0        156         30         35         12          1         11         20          5
     Total liabilities and capital            836,145     37,678    309,046     33,651     36,019     71,180     74,951     71,894     26,236     16,686     24,832     35,883     98,090
                              

Note: Components may not sum to totals because of rounding.

1  Cash value of agreements, which are collateralized by U.S. Treasury securities.
2  Includes exchange-translation account reflecting the daily revaluation at market exchange rates of foreign exchange commitments.


5. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars



Federal Reserve notes and collateral        Wednesday
                                           Feb 1, 2006
              
Federal Reserve notes outstanding             909,157
   Less: Notes held by F.R. Banks
         not subject to collateralization     160,979
      Federal Reserve Notes to be
         collateralized                       748,178 
Collateral held against Federal Reserve            
   notes                                      748,178
   Gold certificate account                    11,040
   Special drawing rights                 
     certificate account                        2,200
   U.S. Treasury and agency securities   
     pledged (1)                              734,938
   Other assets pledged                             0

Memo:
Total U.S. Treasury and agency 
       securities (1)                         771,840
   Less:face value of securities under
         reverse repurchase agreements         23,206
      U.S. Treasury and agency securities
             eligible to be pledged           748,635
   

Note: Components may not sum to totals because of rounding.

1  Includes face value of U.S. Treasury and agency 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.