FEDERAL RESERVE statistical release


For release at
4:30 P.M. EST
November 15, 2012

The Board's H.4.1 statistical release, "Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks," has been modified to present more detail on memorandum items in
table 1A.                                                                                                   

The line item for U.S. Treasury securities held in custody now excludes securities pledged by the Federal
Reserve as collateral in reverse repurchase agreements conducted with foreign official and international
accounts and includes inflation compensation on Treasury Inflation-Protected Securities (TIPS), which captures the
inflation adjustment to original face value of TIPS over time. Prior data included securities pledged as
collateral against reverse repurchase agreements with the Federal Reserve and excluded inflation compensation on
TIPS. Information on the amount of foreign official and international reverse repurchase agreements is still
presented in table 1 and included in total reverse repurchase agreements in table 8 and table 9.            

The line item for federal agency securities has been revised to report mortgage-backed securities holdings
at current face value, rather than original face value as previously reported.                              

Additionally, a line item was added for other securities held in custody by the Federal Reserve; this item
includes non-marketable U.S. Treasury securities, supranationals, corporate bonds, asset-backed securities,
and commercial paper all reported at face value.                                                            

Finally, the footnote corresponding to the overnight facility for securities lent to dealers now notes
that these securities are at face value; the underlying data remain the same.                               

Historical data incorporating these new and revised line items can be accessed through the Data Download
Program (DDP) at 
http://www.federalreserve.gov/datadownload/Choose.aspx?rel=H41.



                  
FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                                November 15, 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  Nov 14, 2012 
Federal Reserve Banks                                     Nov 14, 2012  Nov 7, 2012 Nov 16, 2011              

Reserve Bank credit                                         2,819,338   +    8,507   -      604    2,858,759  
  Securities held outright (1)                              2,590,100   +    6,248   -   33,959    2,627,755  
    U.S. Treasury securities                                1,650,855   +      960   -   17,893    1,656,833  
      Bills (2)                                                     0            0   -   18,423            0  
      Notes and bonds, nominal (2)                          1,567,957   +      432   -    4,681    1,572,814  
      Notes and bonds, inflation-indexed (2)                   72,344   +      400   +    4,422       73,344  
      Inflation compensation (3)                               10,555   +      129   +      789       10,676  
    Federal agency debt securities (2)                         81,902            0   -   25,717       81,902  
    Mortgage-backed securities (4)                            857,344   +    5,289   +    9,652      889,020  
  Repurchase agreements (5)                                         0            0            0            0  
  Loans                                                         1,083   -       89   -    9,437        1,016  
    Primary credit                                                 13   +        4   +        4           12  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                                43   -        5   +       23           39  
    Term Asset-Backed Securities Loan Facility (6)              1,028   -       86   -    9,463          966  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (7)                 1,572            0   -   10,730        1,573  
  Net portfolio holdings of Maiden Lane II LLC (8)                 61            0   -    9,276           61  
  Net portfolio holdings of Maiden Lane III LLC (9)                23            0   -   18,037           23  
  Net portfolio holdings of TALF LLC (10)                         855            0   +       61          855  
  Float                                                          -808   -       21   +      350       -1,526  
  Central bank liquidity swaps (11)                            12,121   -      344   +    9,772       12,121  
  Other Federal Reserve assets (12)                           214,331   +    2,711   +   70,653      216,882  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (13)                             44,732   +       14   +      578       44,732  
                                                                                                              
Total factors supplying reserve funds                       2,880,311   +    8,521   -       26    2,919,732  

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  Nov 14, 2012 
Federal Reserve Banks                                     Nov 14, 2012  Nov 7, 2012 Nov 16, 2011              

Currency in circulation (13)                                 1,148,640   +    4,166   +   91,032    1,149,364 
Reverse repurchase agreements (14)                              94,528   -    1,559   +      846       93,590 
  Foreign official and international accounts                   94,528   -    1,559   +      846       93,590 
  Others                                                             0            0            0            0 
Treasury cash holdings                                             150   +        3   +       39          143 
Deposits with F.R. Banks, other than reserve balances           83,890   +   29,798   +    8,578       93,462 
  Term deposits held by depository institutions                  3,043   +    3,043   +    3,043        3,043 
  U.S. Treasury, General Account                                38,664   +   10,662   +    8,878       26,859 
  Foreign official                                               6,108   +      207   +    5,955        6,481 
  Service-related                                                    0            0   -    2,504            0 
    Required clearing balances                                       0            0   -    2,504            0 
    Adjustments to compensate for float                              0            0            0            0 
  Other                                                         36,074   +   15,884   -    6,794       57,078 
Other liabilities and capital (15)                              69,772   +    2,728   -      137       76,390 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  1,396,979   +   35,134   +  100,358    1,412,950 
                                                                                                              
Reserve balances with Federal Reserve Banks                  1,483,331   -   26,614   -  100,385    1,506,782 

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


1.  Includes securities lent to dealers under the overnight securities lending facility; refer to table     
    1A.                                                                                                 
2.  Face value of the securities.                                                                           
3.  Compensation that adjusts for the effect of inflation on the original face value of                     
    inflation-indexed securities.                                                                       
4.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which      
    is the remaining principal balance of the underlying mortgages.                                     
5.  Cash value of agreements.                                                                               
6.  Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the      
    Term Asset-Backed Securities Loan Facility.                                                         
7.  Refer to table 4 and the note on consolidation accompanying table 9.                                    
8.  Refer to table 5 and the note on consolidation accompanying table 9.                                    
9.  Refer to table 6 and the note on consolidation accompanying table 9.                                    
10. Refer to table 7 and the note on consolidation accompanying table 9.                                    
11. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
12. Includes other assets denominated in foreign currencies, which are revalued daily at market             
    exchange rates, and the fair value adjustment to credit extended by the FRBNY to eligible borrowers through
    the Term Asset-Backed Securities Loan Facility.                                                     
13. Estimated.                                                                                              
14. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
15. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC      
    to entities other than the Federal Reserve Bank of New York, including liabilities that have recourse
    only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on      
    consolidation accompanying table 9. Also includes the liability for interest on Federal Reserve notes due
    to U.S. Treasury. Refer to table 8 and table 9.                                                     


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





1A. Memorandum Items
Millions of dollars
Memorandum item                                                  Averages of daily figures         Wednesday  
                                                           Week ended    Change from week ended  Nov 14, 2012 
                                                          Nov 14, 2012  Nov 7, 2012 Nov 16, 2011              

Securities held in custody for foreign official and       
     international accounts                                  3,193,581   -       48   +  105,030    3,192,371 
  Marketable U.S. Treasury securities (1)                    2,834,797   +      205   +  184,921    2,833,575 
  Federal agency debt and mortgage-backed securities (2)       322,507   +       11   -   82,806      322,622 
  Other securities (3)                                          36,277   -      264   +    2,915       36,173 
Securities lent to dealers                                       7,767   +       33   -    3,562        8,584 
  Overnight facility (4)                                         7,767   +       33   -    3,562        8,584 
    U.S. Treasury securities                                     7,134   +       60   -    3,045        7,980 
    Federal agency debt securities                                 633   -       27   -      517          604 

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


1.  Includes securities and U.S. Treasury STRIPS at face value, and inflation compensation on TIPS.         
    Does not include securities pledged as collateral to foreign official and international account holders
    against reverse repurchase agreements with the Federal Reserve presented in tables 1, 8, and 9.     
2.  Face value of federal agency securities and current face value of mortgage-backed securities, which     
    is the remaining principal balance of the underlying mortgages.                                     
3.  Includes non-marketable U.S. Treasury securities, supranationals, corporate bonds, asset-backed         
    securities, and commercial paper at face value.                                                     
4.  Face value. Fully collateralized by U.S. Treasury securities.                                           






2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, November 14, 2012   

Millions of dollars
Remaining Maturity                     Within 15    16 days to     91 days to   Over 1 year   Over 5 years    Over 10         All      
                                          days         90 days       1 year      to 5 years   to 10 years      years                   

Loans (1)                                       20           282            47           667             0           ...         1,016 
U.S. Treasury securities (2)                                                                                                           
  Holdings                                       1           484            16       418,820       836,409       401,103     1,656,833 
  Weekly changes                                 0             0             0    +    2,296    -      145    +    3,393    +    5,544 
Federal agency debt securities (3)                                                                                                     
  Holdings                                   2,619         4,670        15,533        52,323         4,410         2,347        81,902 
  Weekly changes                                 0    +      498    -      498             0             0             0             0 
Mortgage-backed securities (4)                                                                                                         
  Holdings                                       0             0             3             1         1,486       887,530       889,020 
  Weekly changes                                 0             0             0             0             0    +   36,958    +   36,957 
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)             3,175         8,946             0             0             0             0        12,121 
                                                                                                                                       
Reverse repurchase agreements (6)           93,590             0           ...           ...           ...           ...        93,590 
Term deposits                                    0         3,043             0           ...           ...           ...         3,043 

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
Account name                                                                                                            Wednesday   
                                                                                                                      Nov 14, 2012  

Mortgage-backed securities held outright (1)                                                                               889,020  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                          100,447  
Commitments to sell mortgage-backed securities (2)                                                                           1,200  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                    9  



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
Account name                                                                                                            Wednesday   
                                                                                                                      Nov 14, 2012  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,573  
                                                                                                                                    
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                        0  
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                             0  
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)                                  134  



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 September 30, 2012. Any assets purchased after this 
    valuation date are initially recorded at cost until their estimated fair value as of the purchase date
    becomes available.                                                                                  
2.  Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's            
    statement of condition consistent with consolidation under generally accepted accounting principles. Refer
    to the note on consolidation accompanying table 9.                                                  
3.  Book value. The fair value of these obligations is included in other liabilities and capital in         
    table 1 and in other liabilities and accrued dividends in table 8 and table 9.                      


Note: On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC
under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to
acquire certain assets of Bear Stearns and to manage those assets through time to maximize repayment of the credit
extended and to minimize disruption to financial markets. Payments by Maiden Lane LLC from the proceeds of
the net portfolio holdings will be made in the following order: operating expenses of the LLC, principal due to
the FRBNY, interest due to the FRBNY, principal due to JPMorgan Chase & Co., and interest due to JPMorgan
Chase & Co. Any remaining funds will be paid to the FRBNY.

                                              

5. Information on Principal Accounts of Maiden Lane II LLC
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Nov 14, 2012  

Net portfolio holdings of Maiden Lane II LLC (1)                                                                                61  
                                                                                                                                    
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                        0  
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                             0  
Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc. (3)                          0  



1.  Fair value. Fair value reflects an estimate of the price that would be received upon selling an         
    asset if the transaction were to be conducted in an orderly market on the measurement date. Revalued
    quarterly. This table reflects valuations as of September 30, 2012. Any assets purchased after this 
    valuation date are initially recorded at cost until their estimated fair value as of the purchase date
    becomes available.                                                                                  
2.  Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's            
    statement of condition consistent with consolidation under generally accepted accounting principles. Refer
    to the note on consolidation accompanying table 9.                                                  
3.  Book value. The deferred payment represents the portion of the proceeds of the net portfolio            
    holdings due to subsidiaries of American International Group, Inc. in accordance with the asset purchase
    agreement. The fair value of this payment and accrued interest payable are included in other        
    liabilities and capital in table 1 and in other liabilities and accrued dividends in table 8 and table 9.


Note: On December 12, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden
Lane II LLC under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was
formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment
portfolio of subsidiaries of American International Group, Inc. (AIG subsidiaries). Payments by Maiden Lane II LLC
from the proceeds of the net portfolio holdings will be made in the following order: operating expenses of
Maiden Lane II LLC, principal due to the FRBNY, interest due to the FRBNY, and deferred payment and interest due
to AIG subsidiaries. Any remaining funds will be shared by the FRBNY and AIG subsidiaries.                  





6. Information on Principal Accounts of Maiden Lane III LLC
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Nov 14, 2012  

Net portfolio holdings of Maiden Lane III LLC (1)                                                                               23  
                                                                                                                                    
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                        0  
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                             0  
Outstanding principal amount and accrued interest on loan payable to American International Group, Inc. (3)                      0  



1.  Fair value. Fair value reflects an estimate of the price that would be received upon selling an         
    asset if the transaction were to be conducted in an orderly market on the measurement date. Revalued
    quarterly. This table reflects valuations as of September 30, 2012. Any assets purchased after this 
    valuation date are initially recorded at cost until their estimated fair value as of the purchase date
    becomes available.                                                                                  
2.  Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's            
    statement of condition consistent with consolidation under generally accepted accounting principles. Refer
    to the note on consolidation accompanying table 9.                                                  
3.  Book value. The fair value of these obligations is included in other liabilities and capital in         
    table 1 and in other liabilities and accrued dividends in table 8 and table 9.                      


Note: On November 25, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden
Lane III LLC under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was
formed to purchase multi-sector collateralized debt obligations (CDOs) on which the Financial Products group
of American International Group, Inc. (AIG) has written credit default swap (CDS) contracts. In connection
with the purchase of CDOs, the CDS counterparties will concurrently unwind the related CDS transactions. Payments
by Maiden Lane III LLC from the proceeds of the net portfolio holdings will be made in the following order:
operating expenses of Maiden Lane III LLC, principal due to the FRBNY, interest due to the FRBNY, principal due
to AIG, and interest due to AIG. Any remaining funds will be shared by the FRBNY and AIG.

               

7. Information on Principal Accounts of TALF LLC
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Nov 14, 2012  

Asset-backed securities holdings (1)                                                                                             0  
Other investments, net                                                                                                         855  
Net portfolio holdings of TALF LLC                                                                                             855  
                                                                                                                                    
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)                                          113  



1.  Fair value. Fair value reflects an estimate of the price that would be received upon selling an         
    asset if the transaction were to be conducted in an orderly market on the measurement date.         
2.  Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's            
    statement of condition consistent with consolidation under generally accepted accounting principles. Refer
    to the note on consolidation accompanying table 9.                                                  
3.  Book value. The fair value of these obligations is included in other liabilities and capital in         
    table 1 and in other liabilities and accrued dividends in table 8 and table 9.                      


Note: On November 25, 2008, the Federal Reserve announced the creation of the Term Asset-Backed Securities
Loan Facility (TALF) under the authority of section 13(3) of the Federal Reserve Act. The TALF is a facility
under which the Federal Reserve Bank of New York (FRBNY) extends loans with a term of up to five years to
holders of eligible asset-backed securities. The TALF is intended to assist financial markets in accommodating the
credit needs of consumers and businesses by facilitating the issuance of asset-backed securities collateralized
by a variety of consumer and business loans. The loans provided through the TALF to eligible borrowers are
non-recourse, meaning that the obligation of the borrower can be discharged by surrendering the collateral to
the FRBNY. The loans are extended for the market value of the security less an amount known as a haircut. As a
result, the borrower bears the initial risk of a decline in the value of the security.                      

TALF LLC is a limited liability company formed to purchase and manage any asset-backed securities received
by the FRBNY in connection with the decision of a borrower not to repay a TALF loan. TALF LLC has committed,
for a fee, to purchase all asset-backed securities received by the FRBNY in conjunction with a TALF loan at a
price equal to the TALF loan plus accrued but unpaid interest. Losses on asset-backed securities held by TALF
LLC will be offset in the following order: by the commitment fees collected by TALF LLC, by the interest
received on investments of TALF LLC, by up to $1.4 billion in subordinated debt funding provided by the U.S.
Treasury, and finally, by senior debt funding provided by the FRBNY. Payments by TALF LLC from the proceeds of its net
portfolio holdings will be made in the following order: operating expenses of TALF LLC, principal due to the
FRBNY, principal due to the U.S. Treasury, interest due to the FRBNY, and interest due to the U.S. Treasury.
Any remaining funds will be shared by the FRBNY and the U.S. Treasury.                                      




8. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Nov 14, 2012   Wednesday    Wednesday  
                                                        consolidation                 Nov 7, 2012 Nov 16, 2011 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        2,144   -        9   -      138  
  Securities, repurchase agreements, and loans                            2,628,771   +   42,352   -    7,049  
    Securities held outright (1)                                          2,627,755   +   42,502   +    2,439  
      U.S. Treasury securities                                            1,656,833   +    5,544   -   19,003  
        Bills (2)                                                                 0            0   -   18,423  
        Notes and bonds, nominal (2)                                      1,572,814   +    3,926   -    6,904  
        Notes and bonds, inflation-indexed (2)                               73,344   +    1,400   +    5,422  
        Inflation compensation (3)                                           10,676   +      219   +      902  
      Federal agency debt securities (2)                                     81,902            0   -   25,595  
      Mortgage-backed securities (4)                                        889,020   +   36,957   +   47,037  
    Repurchase agreements (5)                                                     0            0            0  
    Loans                                                                     1,016   -      150   -    9,488  
  Net portfolio holdings of Maiden Lane LLC (6)                               1,573   +        1   -    9,027  
  Net portfolio holdings of Maiden Lane II LLC (7)                               61            0   -    9,280  
  Net portfolio holdings of Maiden Lane III LLC (8)                              23            0   -   17,809  
  Net portfolio holdings of TALF LLC (9)                                        855            0   +       61  
  Items in process of collection                                   (0)          177   +       48   -       24  
  Bank premises                                                               2,345   +        2   +      164  
  Central bank liquidity swaps (10)                                          12,121   -      344   +    9,772  
  Other assets (11)                                                         214,537   +    4,384   +   77,988  
                                                                                                               
Total assets                                                       (0)    2,878,843   +   46,435   +   44,657  

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
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Nov 14, 2012   Wednesday    Wednesday  
                                                        consolidation                 Nov 7, 2012 Nov 16, 2011 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,106,915   +    2,150   +   90,543 
  Reverse repurchase agreements (12)                                          93,590   +      610   -    3,239 
  Deposits                                                          (0)    1,600,244   +   33,039   -   49,531 
    Term deposits held by depository institutions                              3,043   +    3,043   +    3,043 
    Other deposits held by depository institutions                         1,506,782   -    4,514   -   70,785 
    U.S. Treasury, General Account                                            26,859   +    2,889   -   17,923 
    Foreign official                                                           6,481   +      550   +    6,356 
    Other                                                           (0)       57,078   +   31,070   +   29,776 
  Deferred availability cash items                                  (0)        1,703   +      663   +      137 
  Other liabilities and accrued dividends (13)                                21,249   +    9,638   +    3,772 
                                                                                                               
Total liabilities                                                   (0)    2,823,702   +   46,100   +   41,682 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             27,570   +      167   +    1,487 
  Surplus                                                                     27,570   +      167   +    1,487 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 55,141   +      335   +    2,975 

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


1.  Includes securities lent to dealers under the overnight securities lending facility; refer to table     
    1A.                                                                                                 
2.  Face value of the securities.                                                                           
3.  Compensation that adjusts for the effect of inflation on the original face value of                     
    inflation-indexed securities.                                                                       
4.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which      
    is the remaining principal balance of the underlying mortgages.                                     
5.  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.      
6.  Refer to table 4 and the note on consolidation accompanying table 9.                                    
7.  Refer to table 5 and the note on consolidation accompanying table 9.                                    
8.  Refer to table 6 and the note on consolidation accompanying table 9.                                    
9.  Refer to table 7 and the note on consolidation accompanying table 9.                                    
10. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
11. Includes other assets denominated in foreign currencies, which are revalued daily at market             
    exchange rates and the fair value adjustment to credit extended by the Federal Reserve Bank of New York
    (FRBNY) to eligible borrowers through the Term Asset-Backed Securities Loan Facility.               
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
13. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC      
    to entities other than the Federal Reserve Bank of New York, including liabilities that have recourse
    only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on      
    consolidation accompanying table 9. Also includes the liability for interest on Federal Reserve notes due
    to U.S. Treasury.                                                                                   

 



9. Statement of Condition of Each Federal Reserve Bank, November 14, 2012
Millions of dollars
Assets, liabilities, and capital               Total       Boston     New York  Philadelphia  Cleveland    Richmond    Atlanta     Chicago    St. Louis  Minneapolis    Kansas      Dallas       San     
                                                                                                                                                                         City                 Francisco  

Assets                                                                                                                                                                                                   
  Gold certificate account                        11,037         408       3,824          437         515         890       1,337         839         313         192         315         725       1,242
  Special drawing rights certificate acct.         5,200         196       1,818          210         237         412         654         424         150          90         153         282         574
  Coin                                             2,144          44         100          148         146         386         200         312          38          52         163         199         356
  Securities, repurchase agreements,        
     and loans                                 2,628,771      63,823   1,474,228       86,868      66,809     187,023     158,437     145,782      41,082      23,913      52,803     102,106     225,897
    Securities held outright (1)               2,627,755      63,823   1,473,263       86,868      66,809     187,021     158,435     145,776      41,082      23,889      52,793     102,102     225,894
      U.S. Treasury securities                 1,656,833      40,241     928,911       54,771      42,124     117,919      99,896      91,914      25,903      15,062      33,286      64,377     142,429
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    1,656,833      40,241     928,911       54,771      42,124     117,919      99,896      91,914      25,903      15,062      33,286      64,377     142,429
      Federal agency debt securities (2)          81,902       1,989      45,919        2,708       2,082       5,829       4,938       4,544       1,280         745       1,645       3,182       7,041
      Mortgage-backed securities (4)             889,020      21,593     498,433       29,389      22,603      63,273      53,602      49,319      13,899       8,082      17,861      34,543      76,424
    Repurchase agreements (5)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                          1,016           0         966            0           0           2           2           5           0          24          10           5           3
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (6)                                  1,573           0       1,573            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane II LLC (7)                                  61           0          61            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane III LLC (8)                                 23           0          23            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (9)             855           0         855            0           0           0           0           0           0           0           0           0           0
  Items in process of collection                     177           0           0            0          18           0         157           0           1           0           0           0           0
  Bank premises                                    2,345         120         453           69         121         230         213         203         130         103         253         239         209
  Central bank liquidity swaps (10)               12,121         425       3,910        1,051         896       2,507         693         323          99          49         121         194       1,852
  Other assets (11)                              214,537       5,509     113,794        8,579       6,689      18,855      12,899      11,163       3,184       1,871       4,067       7,810      20,117
  Interdistrict settlement account                     0  +    4,264  -   62,111   -   18,330  +    6,088  -   26,515  +   34,120  -    8,482  +    1,678  +    3,579  -    3,689  +      437  +   68,962
                                                                                                                                                                                                         
Total assets                                   2,878,843      74,789   1,538,527       79,032      81,519     183,788     208,711     150,564      46,676      29,850      54,186     111,992     319,208

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, November 14, 2012 (continued)
Millions of dollars
Assets, liabilities, and capital               Total       Boston     New York  Philadelphia Cleveland    Richmond    Atlanta     Chicago    St. Louis  Minneapolis    Kansas      Dallas       San     
                                                                                                                                                                        City                 Francisco  

Liabilities                                                                                                                                                                                             
  Federal Reserve notes outstanding            1,328,216      47,074     465,395      47,762      60,883     103,130     177,144      95,259      37,486      22,538      36,350      90,671     144,525
    Less: Notes held by F.R. Banks               221,300       5,302      85,903       5,087       8,320      11,643      27,350      13,092       4,280       3,240       5,319      26,109      25,655
      Federal Reserve notes, net               1,106,915      41,772     379,492      42,674      52,563      91,487     149,795      82,166      33,205      19,297      31,031      64,562     118,870
  Reverse repurchase agreements (12)              93,590       2,273      52,472       3,094       2,379       6,661       5,643       5,192       1,463         851       1,880       3,636       8,045
  Deposits                                     1,600,244      27,571   1,076,241      28,408      21,725      72,777      47,591      60,632      11,209       9,013      20,332      42,198     182,546
    Term deposits held by depository        
        institutions                               3,043           5       1,564         700           0          40         161          57           0          80         101           5         330
    Other deposits held by depository       
        institutions                           1,506,782      27,544     984,487      27,696      21,722      72,592      47,421      60,551      11,209       8,933      20,230      42,190     182,209
    U.S. Treasury, General Account                26,859           0      26,859           0           0           0           0           0           0           0           0           0           0
    Foreign official                               6,481           1       6,454           3           3           8           2           1           0           0           0           1           6
    Other                                         57,078          21      56,878           8           0         137           7          22           0           0           1           2           1
  Deferred availability cash items                 1,703           0           0           0          29           0       1,459           0           0         215           0           0           0
  Interest on Federal Reserve notes due     
     to U.S. Treasury (13)                         1,470          46         900          51          40         -15          97          96          25          15          28          62         125
  Other liabilities and accrued             
     dividends (14)                               19,779         448      11,951         600         514       1,384       1,015         920         321         230         359         658       1,381
                                                                                                                                                                                                        
Total liabilities                              2,823,702      72,111   1,521,057      74,826      77,250     172,295     205,599     149,005      46,223      29,621      53,631     111,116     310,968
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 27,570       1,339       8,735       2,103       2,135       5,747       1,556         779         226         115         278         438       4,120
  Surplus                                         27,570       1,339       8,735       2,103       2,135       5,747       1,556         779         226         115         278         438       4,120
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  2,878,843      74,789   1,538,527      79,032      81,519     183,788     208,711     150,564      46,676      29,850      54,186     111,992     319,208

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, November 14, 2012 (continued)


1.  Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.                                                                                                 
2.  Face value of the securities.                                                                                                                                                                           
3.  Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such securities.                               
4.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the underlying mortgages.                                      
5.  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.                                                                                                      
6.  Refer to table 4 and the note on consolidation below.                                                                                                                                                   
7.  Refer to table 5 and the note on consolidation below.                                                                                                                                                   
8.  Refer to table 6 and the note on consolidation below.                                                                                                                                                   
9.  Refer to table 7 and the note on consolidation below.                                                                                                                                                   
10. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals        
    the market exchange rate used when the foreign currency was acquired from the foreign central bank.                                                                                                 
11. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates and the fair value adjustment to credit extended by the Federal Reserve Bank of New York     
    (FRBNY) to eligible borrowers through the Term Asset-Backed Securities Loan Facility.                                                                                                               
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.                                                         
13. Represents the estimated weekly remittances to U.S. Treasury as interest on Federal Reserve notes or, in those cases where the Reserve Bank's net earnings are not sufficient to equate surplus to      
    capital paid-in, the deferred asset for interest on Federal Reserve notes. The amount of any deferred asset, which is presented as a negative amount in this line, represents the amount of the     
    Federal Reserve Bank's earnings that must be retained before remittances to the U.S. Treasury resume. The amounts on this line are calculated in accordance with Board of Governors policy, which requires
    the Federal Reserve Banks to remit residual earnings to the U.S. Treasury as interest on Federal Reserve notes after providing for the costs of operations, payment of dividends, and the amount    
    necessary to equate surplus with capital paid-in.                                                                                                                                                   
14. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to entities other than the Federal Reserve Bank of New York, including liabilities that have         
    recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation below.                                                                        


Note on consolidation:

The Federal Reserve Bank of New York (FRBNY) has extended loans to several limited liability companies under the authority of section 13(3) of the Federal Reserve Act. On June 26, 2008, a
loan was extended to Maiden Lane LLC, which was formed to acquire certain assets of Bear Stearns. On November 25, 2008, a loan was extended to Maiden Lane III LLC, which was formed to purchase
multi-sector collateralized debt obligations on which the Financial Products group of the American International Group, Inc. has written credit default swap contracts. On December 12, 2008, a
loan was extended to Maiden Lane II LLC, which was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment portfolio of subsidiaries of American
International Group, Inc. On November 25, 2008, the Federal Reserve Board authorized the FRBNY to extend credit to TALF LLC, which was formed to purchase and manage any asset-backed securities
received by the FRBNY in connection with the decision of a borrower not to repay a loan extended under the Term Asset-Backed Securities Loan Facility.                                        

The FRBNY is the primary beneficiary of TALF LLC, because of the two beneficiaries of the LLC, the FRBNY and the U.S. Treasury, the FRBNY is primarily responsible for directing the financial
activities of TALF LLC. The FRBNY is the primary beneficiary of the other LLCs cited above because it will receive a majority of any residual returns of the LLCs and absorb a majority of any
residual losses of the LLCs. Consistent with generally accepted accounting principles, the assets and liabilities of these LLCs have been consolidated with the assets and liabilities of the
FRBNY in the preparation of the statements of condition shown on this release. As a consequence of the consolidation, the extensions of credit from the FRBNY to the LLCs are eliminated, the net
assets of the LLCs appear as assets on the previous page (and in table 1 and table 8), and the liabilities of the LLCs to entities other than the FRBNY, including those with recourse only to
the portfolio holdings of the LLCs, are included in other liabilities in this table (and table 1 and table 8).

                                                                            



10. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Federal Reserve notes and collateral                                                        Wednesday   
                                                                                          Nov 14, 2012  

Federal Reserve notes outstanding                                                            1,328,216  
  Less: Notes held by F.R. Banks not subject to collateralization                              221,300  
    Federal Reserve notes to be collateralized                                               1,106,915  
Collateral held against Federal Reserve notes                                                1,106,915  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,090,679  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       2,627,755  
  Less: Face value of securities under reverse repurchase agreements                            79,650  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        2,548,105  

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.