FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and

Condition Statement of Federal Reserve Banks October 14, 2010

1. Factors Affecting Reserve Balances of Depository Institutions

Millions of dollars

Averages of daily figures Wednesday

Oct 13, 2010 Week ended

Oct 13, 2010

Change from week ended

 Oct 6, 2010 Oct 14, 2009

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Reserve Bank credit 2,293,152 + 8,599 + 186,491 2,291,381

Securities held outright1 2,053,246 + 6,298 + 445,202 2,051,877

U.S. Treasury securities 821,151 + 6,847 + 50,227 821,156

Bills2 18,423 0 0 18,423

Notes and bonds, nominal2 754,901 + 6,832 + 52,711 754,901

Notes and bonds, inflation-indexed2 42,318 0 - 2,270 42,318

Inflation compensation3 5,509 + 16 - 215 5,514

Federal agency debt securities2 153,556 - 549 + 19,010 152,182

Mortgage-backed securities4 1,078,539 0 + 375,966 1,078,539

Repurchase agreements5 0 0 0 0

Term auction credit 0 0 - 155,442 0

Other loans 49,121 - 32 - 62,284 49,338

Primary credit 15 - 74 - 27,365 47

Secondary credit 0 0 - 468 0

Seasonal credit 55 - 10 - 34 52

Asset-Backed Commercial Paper Money Market

Mutual Fund Liquidity Facility 0 0 - 43 0

Credit extended to American International

Group, Inc., net6 19,796 + 299 - 20,399 20,014

Term Asset-Backed Securities Loan Facility7 29,255 - 246 - 13,975 29,225

Other credit extensions 0 0 0 0

Net portfolio holdings of Commercial Paper

Funding Facility LLC8 0 0 - 40,791 0

Net portfolio holdings of Maiden Lane LLC9 28,511 + 33 + 2,199 28,519

Net portfolio holdings of Maiden Lane II LLC10 15,674 - 173 + 1,213 15,676

Net portfolio holdings of Maiden Lane III LLC11 22,789 - 214 + 2,614 22,834

Net portfolio holdings of TALF LLC12 601 0 + 601 601

Preferred interests in AIA Aurora LLC and ALICO

Holdings LLC13 26,057 0 + 26,057 26,057

Float -1,731 - 20 - 255 -2,877

Central bank liquidity swaps14 60 - 1 - 43,567 60

Other Federal Reserve assets15 98,824 + 2,707 + 10,944 99,296

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding16 43,406 + 14 + 804 43,406

Total factors supplying reserve funds 2,352,799 + 8,614 + 187,296 2,351,027

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

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

Millions of dollars

Averages of daily figures Wednesday

Oct 13, 2010 Week ended

Oct 13, 2010

Change from week ended

 Oct 6, 2010 Oct 14, 2009

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Currency in circulation16 962,072 + 5,872 + 44,400 963,647

Reverse repurchase agreements17 61,721 - 2,273 - 910 59,973

Foreign official and international accounts 61,721 - 2,273 - 910 59,973

Dealers 0 0 0 0

Treasury cash holdings 225 - 10 - 71 236

Deposits with F.R. Banks, other than reserve balances 233,616 - 32,168 + 91,578 228,860

Term deposits held by depository institutions 5,113 + 2,994 + 5,113 5,113

U.S. Treasury, general account 22,780 - 35,345 - 393 15,637

U.S. Treasury, supplementary financing account 199,962 0 + 99,995 199,962

Foreign official 1,395 - 789 - 242 1,215

Service-related 2,401 - 7 - 995 2,401

Required clearing balances 2,401 - 7 - 995 2,401

Adjustments to compensate for float 0 0 0 0

Other 1,965 + 978 - 11,900 4,531

Other liabilities and capital18 72,997 + 350 + 11,770 71,906

Total factors, other than reserve balances,

absorbing reserve funds 1,330,631 - 28,228 + 146,766 1,324,622

Reserve balances with Federal Reserve Banks 1,022,168 + 36,842 + 40,530 1,026,405

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 outstanding principal and capitalized interest net of unamortized deferred commitment fees and allowance for loan restructuring.

Excludes credit extended to consolidated LLCs.

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

8. Includes the book value of the commercial paper, net of amortized costs and related fees, and other investments held by the Commercial Paper

Funding Facility LLC.

9. Refer to table 4 and the note on consolidation accompanying table 10.

10.Refer to table 5 and the note on consolidation accompanying table 10.

11.Refer to table 6 and the note on consolidation accompanying table 10.

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

13.Refer to table 8.

14.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.

15.Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates, accrued dividends on the Federal

Reserve Bank of New York’s (FRBNY) preferred interests in AIA Aurora LLC and ALICO Holdings LLC, and the fair value adjustment to credit

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

16.Estimated.

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

18.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 10.

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

1A. Memorandum Items

Millions of dollars

Averages of daily figures Wednesday

Oct 13, 2010 Week ended

Oct 13, 2010

Change from week ended

 Oct 6, 2010 Oct 14, 2009

Memorandum item

Marketable securities held in custody for foreign

official and international accounts1 3,267,045 + 15,940 + 402,474 3,265,875

U.S. Treasury securities 2,517,889 + 18,139 + 416,213 2,530,777

Federal agency securities2 749,156 - 2,199 - 13,739 735,098

Securities lent to dealers 7,499 - 2,049 + 657 7,418

Overnight facility3 7,499 - 2,049 + 657 7,418

U.S. Treasury securities 5,805 - 2,165 - 550 5,879

Federal agency debt securities 1,694 + 116 + 1,206 1,539

Term facility4 0 0 0 0

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.

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 Securities, Loans, and Selected Other Assets and Liabilities, October 13, 2010

Millions of dollars

Within 15

days

16 days to

90 days

91 days to

1 year

Over 1 year

to 5 years

Over 5 years

to 10 years

Over 10

years

Remaining maturity All

Other loans1 57 41 0 49,239 0 ... 49,338

U.S. Treasury securities2

Holdings 12,718 20,337 50,292 355,731 238,966 143,113 821,156

Weekly changes - 2,503 + 2,504 + 1 + 2,072 + 4 + 7 + 2,084

Federal agency debt securities3

Holdings 2,501 3,350 38,063 73,175 32,746 2,347 152,182

Weekly changes - 861 + 67 - 1,129 0 0 0 - 1,923

Mortgage-backed securities4

Holdings 0 0 0 28 21 1,078,490 1,078,539

Weekly changes 0 0 0 0 0 0 0

Asset-backed securities held by

TALF LLC5 0 0 0 0 0 0 0

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

Central bank liquidity swaps7 60 0 0 0 0 0 60

Reverse repurchase agreements6 59,973 0 ... ... ... ... 59,973

Term deposits 0 5,113 0 ... ... ... 5,113

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

. . . Not applicable.

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

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

under generally accepted accounting principles.

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

original face value of such securities.

3. Face value.

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

underlying mortgages.

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

6. Cash value of agreements.

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

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

central bank.
H.4.1

3. Supplemental Information on Mortgage-Backed Securities Purchase Program

Millions of dollars

Wednesday

Oct 13, 2010 Account name

Mortgage-backed securities held outright1 1,078,539

Commitments to buy mortgage-backed securities2 0

Commitments to sell mortgage-backed securities2 0

Cash and cash equivalents3 0

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 9 and table 10.

4. Information on Principal Accounts of Maiden Lane LLC

Millions of dollars

Wednesday

Oct 13, 2010 Account name

Net portfolio holdings of Maiden Lane LLC1 28,519

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 27,639

Accrued interest payable to the Federal Reserve Bank of New York2 574

Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co.3 1,300

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, 2010. 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

Oct 13, 2010 Account name

Net portfolio holdings of Maiden Lane II LLC1 15,676

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 13,452

Accrued interest payable to the Federal Reserve Bank of New York2 414

Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc.3 1,064

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, 2010. 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.
H.4.1

6. Information on Principal Accounts of Maiden Lane III LLC

Millions of dollars

Wednesday

Oct 13, 2010 Account name

Net portfolio holdings of Maiden Lane III LLC1 22,834

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 14,290

Accrued interest payable to the Federal Reserve Bank of New York2 506

Outstanding principal amount and accrued interest on loan payable to American International Group, Inc.3 5,328

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, 2010. 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 TALF LLC

Millions of dollars

Wednesday

Oct 13, 2010 Account name

Asset-backed securities holdings1 0

Other investments, net 601

Net portfolio holdings of TALF LLC 601

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

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

Funding provided by U.S. Treasury to TALF LLC, including accrued interest payable3 105

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 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 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 $4.3 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.
H.4.1

8. Supplemental Information on the Federal Reserve Bank of New York’s Preferred Interests in

AIA Aurora LLC and ALICO Holdings LLC

Millions of dollars

Wednesday

Oct 13, 2010 Account name

Preferred interests in AIA Aurora LLC and ALICO Holdings LLC1 26,057

Accrued dividends on preferred interests in AIA Aurora LLC and ALICO Holdings LLC2 46

Preferred interests in AIA Aurora LLC1 16,676

Accrued dividends on preferred interests in AIA Aurora LLC2 30

Preferred interests in ALICO Holdings LLC1 9,380

Accrued dividends on preferred interests in ALICO Holdings LLC2 17

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

1. Book value.

2. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 9 and table 10.

Note on preferred interests:

In conjunction with the restructuring of the government’s assistance to American International Group, Inc. (AIG) announced March 2, 2009, the

outstanding balance and amount available of revolving credit provided to AIG by the FRBNY has been reduced in exchange for preferred interests in two

special purpose vehicles, AIA Aurora LLC and ALICO Holdings LLC. These two limited liability companies were created to directly or indirectly hold all

of the outstanding common stock of American International Assurance Company Ltd. (AIA) and American Life Insurance Company (ALICO), two life

insurance subsidiaries of AIG. AIG will retain control of AIA Aurora LLC and ALICO Holdings LLC, and the FRBNY will have certain consent, disposition,

and conversion rights with respect to its preferred interests.

Dividends accrue as a percentage of the FRBNY’s preferred interests in AIA Aurora LLC and ALICO Holdings LLC. On a quarterly basis, the accrued

dividends are capitalized and added to the FRBNY’s preferred interests in AIA Aurora LLC and ALICO Holdings LLC.
H.4.1

9. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Eliminations from

consolidation

Wednesday

Oct 13, 2010

Change since

Wednesday

 Oct 6, 2010

Wednesday

Oct 14, 2009

Assets, liabilities, and capital

Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 5,200 0 0

Coin 2,106 - 8 + 115

Securities, repurchase agreements, term auction

credit, and other loans 2,101,215 + 16 + 161,182

Securities held outright1 2,051,877 + 161 + 379,044

U.S. Treasury securities 821,156 + 2,084 + 47,696

Bills2 18,423 0 0

Notes and bonds, nominal2 754,901 + 2,069 + 50,184

Notes and bonds, inflation-indexed2 42,318 0 - 2,270

Inflation compensation3 5,514 + 15 - 218

Federal agency debt securities2 152,182 - 1,923 + 15,798

Mortgage-backed securities4 1,078,539 0 + 315,549

Repurchase agreements5 0 0 0

Term auction credit 0 0 - 155,442

Other loans 49,338 - 145 - 62,420

Net portfolio holdings of Commercial Paper

Funding Facility LLC6 0 0 - 40,098

Net portfolio holdings of Maiden Lane LLC7 28,519 + 9 + 2,158

Net portfolio holdings of Maiden Lane II LLC8 15,676 + 2 + 1,210

Net portfolio holdings of Maiden Lane III LLC9 22,834 + 52 + 2,606

Net portfolio holdings of TALF LLC10 601 0 + 601

Preferred interests in AIA Aurora LLC and ALICO

Holdings LLC11 26,057 0 + 26,057

Items in process of collection (117) 453 - 10 - 2,291

Bank premises 2,224 + 2 + 1

Central bank liquidity swaps12 60 - 1 - 43,567

Other assets13 97,038 + 1,725 + 9,084

Total assets (117) 2,313,019 + 1,788 + 117,057

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

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

Millions of dollars

Eliminations from

consolidation

Wednesday

Oct 13, 2010

Change since

Wednesday

 Oct 6, 2010

Wednesday

Oct 14, 2009

Assets, liabilities, and capital

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 922,580 + 3,971 + 44,788

Reverse repurchase agreements14 59,973 - 4,467 - 1,830

Deposits (0) 1,255,230 + 1,817 + 67,417

Term deposits held by depository institutions 5,113 + 2,994 + 5,113

Other deposits held by depository institutions 1,028,771 + 28,757 - 23,178

U.S. Treasury, general account 15,637 - 33,893 + 67

U.S. Treasury, supplementary financing account 199,962 0 + 99,995

Foreign official 1,215 - 130 - 449

Other (0) 4,531 + 4,087 - 14,131

Deferred availability cash items (117) 3,330 + 732 - 144

Other liabilities and accrued dividends15 15,021 - 8 + 1,982

Total liabilities (117) 2,256,134 + 2,045 + 112,212

Capital accounts

Capital paid in 26,695 + 8 + 1,798

Surplus 25,886 + 5 + 4,496

Other capital accounts 4,303 - 272 - 1,451

Total capital 56,884 - 258 + 4,844

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. Includes the book value of the commercial paper, net of amortized costs and related fees, and other investments held by the Commercial Paper

Funding Facility LLC.

7. Refer to table 4 and the note on consolidation accompanying table 10.

8. Refer to table 5 and the note on consolidation accompanying table 10.

9. Refer to table 6 and the note on consolidation accompanying table 10.

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

11.Refer to table 8.

12.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.

13.Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates, accrued dividends on the Federal

Reserve Bank of New York’s (FRBNY) preferred interests in AIA Aurora LLC and ALICO Holdings LLC, and the fair value adjustment to credit

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

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 10.
H.4.1

10. Statement of Condition of Each Federal Reserve Bank, October 13, 2010Millions of dollars

Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minn

Assets, liabilities, and capital

Assets

Gold certificate account 11,037 369 4,038 404 463 846 1,385 887 324 Special drawing rights certificate acct. 5,200 196 1,818 210 237 412 654 424 150 Coin 2,106 64 73 169 154 311 194 324 31 Securities, repurchase agreements,

term auction credit, and otherloans 2,101,215 51,926 886,513 47,922 69,714 233,687 194,170 154,691 52,857 

Securities held outright1 2,051,877 51,926 837,274 47,917 69,714 233,687 194,164 154,683 52,853 

U.S. Treasury securities 821,156 20,781 335,075 19,176 27,899 93,521 77,704 61,904 21,152 

Bills2 18,423 466 7,517 430 626 2,098 1,743 1,389 475 Notes and bonds3 802,733 20,315 327,558 18,746 27,273 91,423 75,961 60,515 20,677 

Federal agency debt securities2 152,182 3,851 62,098 3,554 5,170 17,332 14,401 11,472 3,920 

Mortgage-backed securities4 1,078,539 27,294 440,101 25,187 36,644 122,834 102,060 81,307 27,781 

Repurchase agreements5 0 0 0 0 0 0 0 0 0 Term auction credit 0 0 0 0 0 0 0 0 0 Other loans 49,338 0 49,239 5 0 0 6 7 4 

Net portfolio holdings of Commercial

Paper Funding Facility LLC6 0 0 0 0 0 0 0 0 0 

Net portfolio holdings of Maiden

Lane LLC7 28,519 0 28,519 0 0 0 0 0 0 

Net portfolio holdings of Maiden

Lane II LLC8 15,676 0 15,676 0 0 0 0 0 0 

Net portfolio holdings of Maiden

Lane III LLC9 22,834 0 22,834 0 0 0 0 0 0 

Net portfolio holdings of TALF LLC10 601 0 601 0 0 0 0 0 0 

Preferred interests in AIA Aurora LLC

and ALICO Holdings LLC11 26,057 0 26,057 0 0 0 0 0 0 

Items in process of collection 570 26 0 95 130 10 97 59 21 Bank premises 2,224 127 255 68 141 239 218 210 135 Central bank liquidity swaps12 60 2 17 7 4 17 4 1 1 Other assets13 97,038 2,782 36,430 4,571 4,374 15,454 8,295 5,908 2,078 Interdistrict settlement account 0 + 3,302 + 84,261 + 26,712 - 13,309 + 7,358 - 40,794 - 30,061 - 13,503 - 

Total assets 2,313,136 58,794 1,107,092 80,158 61,909 258,333 164,223 132,443 42,095 

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

10. Statement of Condition of Each Federal Reserve Bank, October 13, 2010 (continued)Millions of dollars

Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minn

Assets, liabilities, and capital

Liabilities

Federal Reserve notes outstanding 1,131,717 41,002 388,382 45,851 46,071 89,662 143,301 87,828 32,920 

Less: Notes held by F.R. Banks 209,138 4,035 84,654 5,375 8,236 13,904 27,333 12,665 4,405 

Federal Reserve notes, net 922,580 36,967 303,728 40,476 37,836 75,758 115,969 75,164 28,515 

Reverse repurchase agreements14 59,973 1,518 24,472 1,401 2,038 6,830 5,675 4,521 1,545 

Deposits 1,255,230 18,020 751,541 31,864 17,391 162,029 38,552 50,610 11,231 

Term deposits held by depository

institutions 5,113 50 3,573 0 10 63 2 103 28 

Other deposits held by depository

institutions 1,028,771 17,967 526,833 31,860 17,377 161,807 38,547 50,493 11,201 

U.S. Treasury, general account 15,637 0 15,637 0 0 0 0 0 0 U.S. Treasury, supplementary

financing account 199,962 0 199,962 0 0 0 0 0 0 

Foreign official 1,215 1 1,187 4 3 11 2 1 0 Other 4,531 2 4,348 0 1 148 0 14 1 

Deferred availability cash items 3,447 183 0 468 473 179 234 286 122 Other liabilities and accrued

dividends15 15,021 198 11,275 238 263 750 515 426 189 

Total liabilities 2,256,251 56,885 1,091,016 74,447 58,000 245,547 160,944 131,006 41,601 Capital

Capital paid in 26,695 916 7,667 2,829 1,924 5,434 1,552 662 215 Surplus 25,886 946 7,681 2,804 1,911 7,141 1,581 621 239 Other capital 4,303 47 727 78 75 211 146 154 40 

Total liabilities and capital 2,313,136 58,794 1,107,092 80,158 61,909 258,333 164,223 132,443 42,095 

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

10. Statement of Condition of Each Federal Reserve Bank, October 13, 2010 (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 securitie4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the underlying mort5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.6. Includes the book value of the commercial paper, net of amortized costs and related fees, and other investments held by the Commercial Paper Funding Facilit7. Refer to table 4 and the note on consolidation below.8. Refer to table 5 and the note on consolidation below.9. Refer to table 6 and the note on consolidation below.10.Refer to table 7 and the note on consolidation below.11.Refer to table 8.12.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 centr

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

13.Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates, accrued dividends on the Federal Reserve Bank o

preferred interests in AIA Aurora LLC and ALICO Holdings LLC, and the fair value adjustment to credit extended by the FRBNY to eligible borrowers through thLoan Facility.

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 Y

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 Resewas 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 multi-sector collateralized debt obligations on which the Financial Products group of the American International Group, Inc. has written credit default swap contractwas extended to Maiden Lane II LLC, which was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment portfolio 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 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 FacilitThe 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 respoTALF 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 Consistent with generally accepted accounting principles, the assets and liabilities of these LLCs have been consolidated with the assets and liabilities of the FRBNcondition 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 (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 LLCsin this table (and table 1 and table 9).
H.4.1

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

Millions of dollars

Wednesday

Oct 13, 2010 Federal Reserve notes and collateral

Federal Reserve notes outstanding 1,131,717

Less: Notes held by F.R. Banks not subject to collateralization 209,138

Federal Reserve notes to be collateralized 922,580

Collateral held against Federal Reserve notes 922,580

Gold certificate account 11,037

Special drawing rights certificate account 5,200

U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 906,343

Other assets pledged 0

Memo:

Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 2,051,877

Less: Face value of securities under reverse repurchase agreements 47,193

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 2,004,684

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.