FEDERAL RESERVE statistical release
H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                             February 2, 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    Feb 1, 2012
Federal Reserve Banks                                      Feb 1, 2012 Jan 25, 2012  Feb 2, 2011
 
Reserve Bank credit                                        2,905,676   +      393   +  467,190    2,907,408
  Securities held outright (1)                             2,598,967   -    2,824   +  363,800    2,599,969
    U.S. Treasury securities                               1,661,622   +    7,707   +  536,156    1,662,459
      Bills (2)                                               18,423            0            0       18,423
      Notes and bonds, nominal (2)                         1,565,260   +    7,642   +  515,015    1,565,905
      Notes and bonds, inflation-indexed (2)                  68,499   +       81   +   17,769       68,700
      Inflation compensation (3)                               9,441   -       15   +    3,373        9,431
    Federal agency debt securities (2)                       101,498            0   -   43,126      101,498
    Mortgage-backed securities (4)                           835,847   -   10,530   -  129,230      836,012
  Repurchase agreements (5)                                        0            0            0            0
  Loans                                                        8,187   -      248   -   14,738        8,142
    Primary credit                                                44   +       39   -        7           10
    Secondary credit                                               0            0            0            0
    Seasonal credit                                                4   -        2   -        2            2
    Credit extended to American International
       Group, Inc., net (6)                                        0            0            0            0
    Term Asset-Backed Securities Loan Facility (7)             8,139   -      284   -   14,729        8,130
    Other credit extensions                                        0            0            0            0
  Net portfolio holdings of Maiden Lane LLC (8)                6,953   -       48   -   19,494        6,967
  Net portfolio holdings of Maiden Lane II LLC (9)             9,508   +      307   -    6,499        9,508
  Net portfolio holdings of Maiden Lane III LLC (10)          17,720   +       75   -    4,784       17,726
  Net portfolio holdings of TALF LLC (11)                        819   +        5   +      133          819
  Preferred interests in AIA Aurora LLC and ALICO
     Holdings LLC (6)                                              0            0            0            0
  Float                                                         -908   -      102   +      383         -969
  Central bank liquidity swaps (12)                          104,454   +    1,245   +  104,384      104,454
  Other Federal Reserve assets (13)                          159,976   +    1,982   +   44,007      160,792
Gold stock                                                    11,041            0            0       11,041
Special drawing rights certificate account                     5,200            0            0        5,200
Treasury currency outstanding (14)                            44,305   +       14   +      608       44,305

Total factors supplying reserve funds                      2,966,222   +      407   +  467,798    2,967,954
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

 
1. Factors Affecting Reserve Balances of Depository Institutions (continued)
Millions of dollars
Reserve Bank credit, related items, and                         Averages of daily figures         Wednesday  
reserve balances of depository institutions at             Week ended   Change from week ended    Feb 1, 2012
Federal Reserve Banks                                      Feb 1, 2012 Jan 25, 2012  Feb 2, 2011
 
Currency in circulation (14)                               1,067,354   +    1,798   +   89,629    1,070,641
Reverse repurchase agreements (15)                            89,615   -    1,885   +   29,711       83,873
  Foreign official and international accounts                 89,615   -    1,885   +   29,711       83,873
  Others                                                           0            0            0            0
Treasury cash holdings                                           143   -        2   -       34          143
Deposits with F.R. Banks, other than reserve balances        163,162   -   43,383   -  138,230      168,086
  Term deposits held by depository institutions                3,079            0   +    3,079        3,079
  U.S. Treasury, General Account                             117,554   +    6,318   +   20,240      120,691
  U.S. Treasury, Supplementary Financing Account                   0            0   -  199,963            0
  Foreign official                                               128   -       19   -    1,040          141
  Service-related                                              1,977   -        2   -      375        1,977
    Required clearing balances                                 1,977   -        2   -      375        1,977
    Adjustments to compensate for float                            0            0            0            0
  Other                                                       40,424   -   49,680   +   39,829       42,198
Funds from American International Group, Inc. asset
   dispositions, held as agent (6)                                 0            0            0            0
Other liabilities and capital (16)                            73,116   +      802   +    1,877       73,240

Total factors, other than reserve balances,
   absorbing reserve funds                                 1,393,389   -   42,672   -   17,048    1,395,983

Reserve balances with Federal Reserve Banks                1,572,834   +   43,080   +  484,847    1,571,970
 
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. As a result of the closing of the American International Group, Inc. (AIG) recapitalization plan on
   January 14, 2011, the credit extended to AIG was fully repaid and the Federal Reserve's commitment to lend
   any further funds was terminated. In addition, the Federal Reserve Bank of New York (FRBNY) has been paid
   in full for its preferred interests in AIA Aurora LLC and ALICO Holdings LLC. The funds from AIG asset
   dispositions that FRBNY held as agent were the source of repayment of the credit extended to AIG, as well
   as a portion of the FRBNY's preferred interests in ALICO Holdings LLC. The remaining FRBNY preferred
   interests in ALICO Holdings LLC and AIA Aurora LLC, valued at approximately $20 billion, were purchased by
   AIG through a draw on the Treasury's Series F preferred stock commitment and then transferred by AIG to
   the Treasury as consideration for the draw on the available Series F funds.
7. Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the Term
   Asset-Backed Securities Loan Facility.
8. Refer to table 4 and the note on consolidation accompanying table 9.
9.  Refer to table 5 and the note on consolidation accompanying table 9.
10. Refer to table 6 and the note on consolidation accompanying table 9.
11. Refer to table 7 and the note on consolidation accompanying table 9.
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, and the fair value adjustment to credit extended by the FRBNY to eligible borrowers through the
    Term Asset-Backed Securities Loan Facility. Before the closing of the AIG recapitalization plan on
    January 14, 2011, included accrued dividends on the FRBNY's preferred interests in AIA Aurora LLC and
    ALICO Holdings LLC.
14. Estimated.
15. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt
    securities, and mortgage-backed securities.
16. 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    Feb 1, 2012
Memorandum item                                            Feb 1, 2012 Jan 25, 2012  Feb 2, 2011
 
Marketable securities held in custody for foreign
   official and international accounts (1)                 3,409,811   +    3,715   +   53,969    3,413,659
  U.S. Treasury securities                                 2,681,210   +    1,543   +   74,957    2,684,024
  Federal agency securities (2)                              728,600   +    2,171   -   20,989      729,635
Securities lent to dealers                                    12,660   -      125   -    4,082       17,613
  Overnight facility (3)                                      12,660   -      125   -    4,082       17,613
    U.S. Treasury securities                                  11,516   -      314   -    3,792       16,141
    Federal agency debt securities                             1,144   +      189   -      290        1,472
 
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,   February 1, 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)                                     10           13        4,766        3,353            0           ...        8,142
U.S. Treasury securities (2)
  Holdings                                20,917       29,843       66,278      625,531      672,891       246,999    1,662,459
  Weekly changes                      +    4,131   -    3,186   -      614   -    3,815   -      619    +    5,033   +      930
Federal agency debt securities (3)
  Holdings                                   681        6,246       19,460       58,931       13,833         2,347      101,498
  Weekly changes                      +      681   -      681            0            0            0             0            0
Mortgage-backed securities (4)
  Holdings                                     0            0            0           12           73       835,927      836,012
  Weekly changes                               0            0            0            0   +        1    +      388   +      388
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)          10,367       94,087            0            0            0             0      104,454

Reverse repurchase agreements (6)         83,873            0          ...          ...          ...           ...       83,873
Term deposits                              3,079            0            0          ...          ...           ...        3,079
 
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                                                                                                            Feb 1, 2012 
 
Mortgage-backed securities held outright (1)                                                                             836,012

Commitments to buy mortgage-backed securities (2)                                                                         43,181
Commitments to sell mortgage-backed securities (2)                                                                             0

Cash and cash equivalents (3)                                                                                                 24
 
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                                                                                                            Feb 1, 2012 
 
Net portfolio holdings of Maiden Lane LLC (1)                                                                              6,967

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                  3,812
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         758
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)                              1,391
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
   be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of
    December 31, 2011. 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                                                                                                            Feb 1, 2012 
 
Net portfolio holdings of Maiden Lane II LLC (1)                                                                           9,508

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                  6,084
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         577
Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc. (3)                    1,109
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
   be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of
    December 31, 2011. 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                                                                                                            Feb 1, 2012 
 
Net portfolio holdings of Maiden Lane III LLC (1)                                                                         17,726

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                  8,890
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         703
Outstanding principal amount and accrued interest on loan payable to American International Group, Inc. (3)                5,558
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
   be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of
    December 31, 2011. 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                                                                                                            Feb 1, 2012 
 
Asset-backed securities holdings (1)                                                                                           0
Other investments, net                                                                                                       819
Net portfolio holdings of TALF LLC                                                                                           819

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)                                        110
 
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 $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.

 
8. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
                                                       Eliminations from  Wednesday         Change since       
                                                        consolidation    Feb 1, 2012   Wednesday    Wednesday  
Assets, liabilities, and capital                                                      Jan 25, 2012  Feb 2, 2011
 
Assets
  Gold certificate account                                                  11,037             0            0
  Special drawing rights certificate account                                 5,200             0            0
  Coin                                                                       2,437    +       24   +      116
  Securities, repurchase agreements, and loans                           2,608,111    +    1,281   +  337,641
    Securities held outright (1)                                         2,599,969    +    1,319   +  352,102
      U.S. Treasury securities                                           1,662,459    +      930   +  524,293
        Bills (2)                                                           18,423             0            0
        Notes and bonds, nominal (2)                                     1,565,905    +      668   +  504,690
        Notes and bonds, inflation-indexed (2)                              68,700    +      282   +   16,334
        Inflation compensation (3)                                           9,431    -       20   +    3,269
      Federal agency debt securities (2)                                   101,498             0   -   43,126
      Mortgage-backed securities (4)                                       836,012    +      388   -  129,065
    Repurchase agreements (5)                                                    0             0            0
    Loans                                                                    8,142    -       38   -   14,461
  Net portfolio holdings of Maiden Lane LLC (6)                              6,967    +       19   -   19,571
  Net portfolio holdings of Maiden Lane II LLC (7)                           9,508             0   -    6,526
  Net portfolio holdings of Maiden Lane III LLC (8)                         17,726    +        8   -    5,169
  Net portfolio holdings of TALF LLC (9)                                       819             0   +      133
  Preferred interests in AIA Aurora LLC and ALICO
     Holdings LLC (10)                                                           0             0            0
  Items in process of collection                             (93)              202             0   -      363
  Bank premises                                                              2,175    -        8   -       41
  Central bank liquidity swaps (11)                                        104,454    +    1,283   +  104,384
  Other assets (12)                                                        158,616    +    2,775   +   43,986

Total assets                                                 (93)        2,927,251    +    5,382   +  454,589
 
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    Feb 1, 2012   Wednesday    Wednesday  
Assets, liabilities, and capital                                                      Jan 25, 2012  Feb 2, 2011
 
Liabilities
  Federal Reserve notes, net of F.R. Bank holdings                       1,028,912    +    4,236   +   87,291
  Reverse repurchase agreements (13)                                        83,873    -    4,842   +   25,971
  Deposits                                                    (0)        1,740,056    +    3,996   +  340,280
    Term deposits held by depository institutions                            3,079             0   +    3,079
    Other deposits held by depository institutions                       1,573,947    -    5,296   +  492,631
    U.S. Treasury, General Account                                         120,691    +    8,753   +    2,816
    U.S. Treasury, Supplementary Financing Account                               0             0   -  199,963
    Foreign official                                                           141    +       16   +       11
    Other                                                     (0)           42,198    +      523   +   41,706
  Deferred availability cash items                           (93)            1,171    +      155   -      752
  Other liabilities and accrued dividends (14)                              18,638    +    1,038   +      234

Total liabilities                                            (93)        2,872,649    +    4,581   +  453,022

Capital accounts
  Capital paid in                                                           27,301    +      400   +      783
  Surplus                                                                   27,301    +      400   +      783
  Other capital accounts                                                         0             0            0

Total capital                                                               54,602    +      801   +    1,567
 
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. As a result of the closing of the AIG recapitalization plan on January 14, 2011, the Federal Reserve Bank
    of New York has been paid in full for its	preferred interests in AIA Aurora LLC and ALICO Holdings LLC. A
    portion of the preferred interests was redeemed by AIG with the funds from AIG asset dispositions that were
    held as agent by the Federal Reserve.
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 Federal Reserve Bank of New York (FRBNY) to
    eligible borrowers through the Term Asset-Backed Securities Loan Facility. Before the closing of the AIG
    recapitalization plan on January 14, 2011, included accrued dividends on the FRBNY's preferred interests in
    AIA Aurora LLC and ALICO Holdings LLC.
13. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt
    securities, and mortgage-backed securities.
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
    accompanying table 9. Also includes the liability for interest on Federal Reserve notes due to U.S.
    Treasury. Before the closing of the AIG recapitalization plan on January 14, 2011, included funds from
    American International Group, Inc. asset dispositions, held as agent.


 
9. Statement of Condition of Each Federal Reserve Bank,   February 1, 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         390       3,866         432         450         872       1,394         854         319         197         318         728       1,217
  Special drawing rights certificate acct.       5,200         196       1,818         210         237         412         654         424         150          90         153         282         574
  Coin                                           2,437          59         102         163         181         425         222         349          42          63         180         253         397
  Securities, repurchase agreements,
     and loans                               2,608,111      63,924   1,217,227      89,065      70,231     300,275     193,288     154,400      49,210      39,960      69,161     102,829     258,541
    Securities held outright (1)             2,599,969      63,924   1,209,097      89,065      70,231     300,270     193,288     154,400      49,210      39,958      69,161     102,829     258,537
      U.S. Treasury securities               1,662,459      40,874     773,115      56,949      44,906     191,997     123,592      98,726      31,465      25,549      44,222      65,750     165,312
        Bills (2)                               18,423         453       8,567         631         498       2,128       1,370       1,094         349         283         490         729       1,832
        Notes and bonds (3)                  1,644,036      40,421     764,547      56,318      44,409     189,869     122,222      97,632      31,117      25,266      43,732      65,022     163,480
      Federal agency debt securities (2)       101,498       2,495      47,201       3,477       2,742      11,722       7,546       6,028       1,921       1,560       2,700       4,014      10,093
      Mortgage-backed securities (4)           836,012      20,555     388,782      28,638      22,582      96,551      62,151      49,647      15,823      12,848      22,238      33,064      83,132
    Repurchase agreements (5)                        0           0           0           0           0           0           0           0           0           0           0           0           0
    Loans                                        8,142           0       8,130           0           0           5           0           0           0           2           0           0           4
  Net portfolio holdings of Maiden
     Lane LLC (6)                                6,967           0       6,967           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane II LLC (7)                             9,508           0       9,508           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane III LLC (8)                           17,726           0      17,726           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (9)           819           0         819           0           0           0           0           0           0           0           0           0           0
  Preferred interests in AIA Aurora LLC
     and ALICO Holdings LLC (10)                     0           0           0           0           0           0           0           0           0           0           0           0           0
  Items in process of collection                   295           6           0          77          43           5          70          14           4          10           5          17          43
  Bank premises                                  2,175         122         259          67         125         231         213         205         134         105         258         244         212
  Central bank liquidity swaps (11)            104,454       3,662      33,694       9,060       7,722      21,607       5,973       2,787         854         426       1,039       1,673      15,957
  Other assets (12)                            158,616       4,208      69,760       6,829       5,535      20,823      11,365       8,540       2,757       2,179       3,791       5,674      17,153
  Interdistrict settlement account                   0   +      69   + 344,723   -  28,177   -  14,566   - 137,932   -  41,763   -  16,996   -   6,487   -  15,856   -  18,043   -   1,931   -  63,041

Total assets                                 2,927,344      72,637   1,706,469      77,725      69,958     206,720     171,417     150,576      46,984      27,174      56,862     109,769     231,053
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

 
9. Statement of Condition of Each Federal Reserve Bank,   February 1, 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          1,213,940      44,112     436,537      45,757      56,879      95,015     143,647      88,653      33,762      20,983      34,430      79,600     134,565
    Less: Notes held by F.R. Banks             185,028       5,119      56,795       6,576       9,849      12,024      27,605      13,089       4,301       5,375       4,033      12,454      27,809
      Federal Reserve notes, net             1,028,912      38,992     379,742      39,181      47,030      82,991     116,042      75,564      29,461      15,608      30,397      67,147     106,756
  Reverse repurchase agreements (13)            83,873       2,062      39,004       2,873       2,266       9,686       6,235       4,981       1,587       1,289       2,231       3,317       8,340
  Deposits                                   1,740,056      28,979   1,256,263      30,525      16,198     101,833      45,224      68,029      15,254       9,659      23,425      37,993     106,672
    Term deposits held by depository
       institutions                              3,079          20         621         617          47       1,010           5         364           3          65         251           5          72
    Other deposits held by depository
       institutions                          1,573,947      28,951   1,092,885      29,900      16,148     100,613      45,217      67,634      15,251       9,594      23,173      37,986     106,593
    U.S. Treasury, General Account             120,691           0     120,691           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                               141           1         114           3           3           8           2           1           0           0           0           1           6
    Other                                       42,198           6      41,951           5           0         201           0          30           0           0           1           2           1
  Deferred availability cash items               1,264          50           1         127         169          25         178          40          31         212          41          94         295
  Interest on Federal Reserve notes due
     to U.S. Treasury (14)                       1,712        -291         925          92          70         277         128         109          34          35          43          67         222
  Other liabilities and accrued
     dividends (15)                             16,926         200      13,179         260         247         778         490         418         177         152         188         289         549

Total liabilities                            2,872,742      69,993   1,689,115      73,059      65,980     195,591     168,298     149,141      46,543      26,955      56,326     108,907     222,834

Capital
  Capital paid in                               27,301       1,322       8,677       2,333       1,989       5,564       1,559         718         220         109         268         431       4,109
  Surplus                                       27,301       1,322       8,677       2,333       1,989       5,564       1,559         718         220         109         268         431       4,109
  Other capital                                      0           0           0           0           0           0           0           0           0           0           0           0           0

Total liabilities and capital                2,927,344      72,637   1,706,469      77,725      69,958     206,720     171,417     150,576      46,984      27,174      56,862     109,769     231,053
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

9. Statement of Condition of Each Federal Reserve Bank,   February 1, 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. As a result of the closing of the AIG recapitalization plan on January 14, 2011, the Federal Reserve Bank of New York has been paid in full for its preferred interests in AIA Aurora LLC and ALICO
    Holdings LLC. A portion of the preferred interests was redeemed by AIG with the funds from AIG asset dispositions that were held as agent by the Federal Reserve.
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 Federal Reserve Bank of New York
    (FRBNY) to eligible	borrowers through the Term Asset-Backed Securities Loan Facility. Before the closing of the AIG recapitalization plan on January 14, 2011, included accrued dividends on the
    FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC.
13. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.
14. 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.
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 below. Before the closing of the AIG recapitalization plan on January 14,
    2011, included funds from American International Group, Inc. asset dispositions, held as agent.


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                                                        Feb 1, 2012 
 
Federal Reserve notes outstanding                                                          1,213,940
  Less: Notes held by F.R. Banks not subject to collateralization                            185,028
    Federal Reserve notes to be collateralized                                             1,028,912
Collateral held against Federal Reserve notes                                              1,028,912
  Gold certificate account                                                                    11,037
  Special drawing rights certificate account                                                   5,200
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                 1,012,675
  Other assets pledged                                                                             0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                     2,599,969
  Less: Face value of securities under reverse repurchase agreements                          71,913
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged      2,528,056
 
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.