FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                                   April 16, 2015


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  Apr 15, 2015 
Federal Reserve Banks                                     Apr 15, 2015  Apr 8, 2015 Apr 16, 2014              

Reserve Bank credit                                         4,448,809   +    4,392   +  210,684    4,447,330  
  Securities held outright (1)                              4,230,858   +    2,400   +  219,099    4,230,135  
    U.S. Treasury securities                                2,459,765   +      114   +  128,191    2,459,806  
      Bills (2)                                                     0            0            0            0  
      Notes and bonds, nominal (2)                          2,346,709            0   +  124,795    2,346,709  
      Notes and bonds, inflation-indexed (2)                   98,469            0   +    3,080       98,468  
      Inflation compensation (3)                               14,587   +      114   +      317       14,629  
    Federal agency debt securities (2)                         36,737   -      140   -   10,392       35,895  
    Mortgage-backed securities (4)                          1,734,356   +    2,426   +  101,300    1,734,434  
  Unamortized premiums on securities held outright (5)        202,125   -      214   -    8,082      202,119  
  Unamortized discounts on securities held outright (5)       -17,902   +       32   -      450      -17,882  
  Repurchase agreements (6)                                         0            0            0            0  
  Loans                                                            34   -       26   -       67           38  
    Primary credit                                                 10   -       32   +        7            6  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                                24   +        6   +        8           31  
    Term Asset-Backed Securities Loan Facility (7)                  0            0   -       82            0  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (8)                 1,692   +        1   +      106        1,694  
  Net portfolio holdings of Maiden Lane II LLC (9)                  0            0   -       63            0  
  Net portfolio holdings of Maiden Lane III LLC (9)                 0            0   -       22            0  
  Net portfolio holdings of TALF LLC (10)                           0            0   -       92            0  
  Float                                                          -545   -       58   +       87         -492  
  Central bank liquidity swaps (11)                                 0            0   -      407            0  
  Other Federal Reserve assets (12)                            32,547   +    2,257   +      575       31,718  
Foreign currency denominated assets (13)                       19,370   -      438   -    4,872       19,398  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (14)                             46,615   +       14   +      832       46,615  
                                                                                                              
Total factors supplying reserve funds                       4,531,035   +    3,968   +  206,644    4,529,584  

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  Apr 15, 2015 
Federal Reserve Banks                                     Apr 15, 2015  Apr 8, 2015 Apr 16, 2014              

Currency in circulation (14)                                 1,361,773   +      611   +   91,246    1,361,650 
Reverse repurchase agreements (15)                             238,716   -   44,997   +   61,473      227,651 
  Foreign official and international accounts                  153,652   +    6,077   +   54,845      157,822 
  Others                                                        85,064   -   51,074   +    6,628       69,829 
Treasury cash holdings                                             230   -       13   -        1          234 
Deposits with F.R. Banks, other than reserve balances           70,164   -    1,550   -   16,481      125,438 
  Term deposits held by depository institutions                      0            0            0            0 
  U.S. Treasury, General Account                                50,447   -    4,759   -   15,010      111,551 
  Foreign official                                               5,230            0   -    1,748        5,231 
  Other (16)                                                    14,486   +    3,209   +      275        8,656 
Other liabilities and capital (17)                              66,838   +    1,100   +    1,837       65,656 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  1,737,721   -   44,849   +  138,074    1,780,629 
                                                                                                              
Reserve balances with Federal Reserve Banks                  2,793,314   +   48,817   +   68,570    2,748,955 

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. The current face value shown is the              
    remaining principal balance of the securities.                                                      
5.  Reflects the premium or discount, which is the difference between the purchase price and the face       
    value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt      
    securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an
    effective-interest basis.                                                                           
6.  Cash value of agreements.                                                                               
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 6.                                    
9.  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. Refer to the
    note on consolidation accompanying table 6.                                                         
10. Refer to the note on consolidation accompanying table 6.                                                
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 accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable. Also, includes Reserve Bank premises and equipment net of allowances for       
    depreciation.                                                                                       
13. Revalued daily at current foreign currency exchange rates.                                              
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 deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, and designated financial market utilities.                        
17. Includes the liability for interest on Federal Reserve notes due to U.S. Treasury.                      
                                                                                                            


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  Apr 15, 2015 
                                                          Apr 15, 2015  Apr 8, 2015 Apr 16, 2014              

Securities held in custody for foreign official and       
     international accounts                                  3,288,759   -    1,001   -   12,153    3,295,687 
  Marketable U.S. Treasury securities (1)                    2,960,439   -    1,100   -      375    2,967,403 
  Federal agency debt and mortgage-backed securities (2)       284,750   +      142   -   12,623      284,712 
  Other securities (3)                                          43,570   -       44   +      845       43,572 
Securities lent to dealers                                      10,495   -      683   -      534       11,647 
  Overnight facility (4)                                        10,495   -      683   -      534       11,647 
    U.S. Treasury securities                                    10,179   -      625   +      377       11,339 
    Federal agency debt securities                                 317   -       56   -      910          308 

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, 5, and 6.     
2.  Face value of federal agency securities and current face value of mortgage-backed securities, which     
    is the remaining principal balance of the securities.                                               
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, April 15, 2015      

Millions of dollars
Remaining Maturity                     Within 15     16 days to    91 days to   Over 1 year   Over 5 year     Over 10         All      
                                          days        90 days        1 year      to 5 years   to 10 years      years                   

Loans                                           12            25             0             0             0           ...            38 
U.S. Treasury securities (1)                                                                                                           
  Holdings                                     450         1,449        63,822     1,112,901       637,961       643,223     2,459,806 
  Weekly changes                        +      449    -      450             0    +       17    +       22    +       75    +      113 
Federal agency debt securities (2)                                                                                                     
  Holdings                                       0             0         6,638        26,910             0         2,347        35,895 
  Weekly changes                        -      982             0             0             0             0             0    -      982 
Mortgage-backed securities (3)                                                                                                         
  Holdings                                       0             0             0            20         8,602     1,725,812     1,734,434 
  Weekly changes                                 0             0             0             0    -       46    +    2,550    +    2,504 
Repurchase agreements (4)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (5)                 0             0             0             0             0             0             0 
                                                                                                                                       
Reverse repurchase agreements (4)          227,651             0           ...           ...           ...           ...       227,651 
Term deposits                                    0             0             0           ...           ...           ...             0 

Note: Components may not sum to totals because of rounding.
...Not applicable.


1.  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.             
2.  Face value.                                                                                             
3.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
4.  Cash value of agreements.                                                                               
5.  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   
                                                                                                                      Apr 15, 2015  

Mortgage-backed securities held outright (1)                                                                             1,734,434  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                           36,102  
Commitments to sell mortgage-backed securities (2)                                                                             400  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                    0  



1.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
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 5       
    and table 6.                                                                                        




4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Apr 15, 2015  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,694  
                                                                                                                                    
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)                                    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 December 31, 2014. 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 6.                                                  
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 5 and table 6.                      


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. The remaining outstanding balances of the senior
loan from FRBNY to Maiden Lane LLC, and the subordinated loan from JPMorgan Chase & Co. to Maiden Lane LLC were
repaid in full, with interest.

                                                                          






5. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Apr 15, 2015   Wednesday    Wednesday  
                                                        consolidation                 Apr 8, 2015 Apr 16, 2014 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,813   -       17   -      110  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     4,414,410   +    1,559   +  206,477  
    Securities held outright (1)                                          4,230,135   +    1,635   +  214,920  
      U.S. Treasury securities                                            2,459,806   +      113   +  123,815  
        Bills (2)                                                                 0            0            0  
        Notes and bonds, nominal (2)                                      2,346,709            0   +  120,412  
        Notes and bonds, inflation-indexed (2)                               98,468   -        1   +    3,079  
        Inflation compensation (3)                                           14,629   +      114   +      324  
      Federal agency debt securities (2)                                     35,895   -      982   -   10,699  
      Mortgage-backed securities (4)                                      1,734,434   +    2,504   +  101,805  
    Unamortized premiums on securities held outright  
    (5)                                                                     202,119   -      123   -    8,000  
    Unamortized discounts on securities held outright 
    (5)                                                                     -17,882   +       41   -      378  
    Repurchase agreements (6)                                                     0            0            0  
    Loans                                                                        38   +        6   -       66  
  Net portfolio holdings of Maiden Lane LLC (7)                               1,694   +        3   +      108  
  Net portfolio holdings of Maiden Lane II LLC (8)                                0            0   -       63  
  Net portfolio holdings of Maiden Lane III LLC (8)                               0            0   -       22  
  Net portfolio holdings of TALF LLC (9)                                          0            0   -       92  
  Items in process of collection                                   (0)           96   -        2   -       13  
  Bank premises                                                               2,243   +        1   -       28  
  Central bank liquidity swaps (10)                                               0            0   -      407  
  Foreign currency denominated assets (11)                                   19,398   -      194   -    4,745  
  Other assets (12)                                                          29,476   +      598   +      296  
                                                                                                               
Total assets                                                       (0)    4,485,366   +    1,947   +  201,399  

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





5. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Apr 15, 2015   Wednesday    Wednesday  
                                                        consolidation                 Apr 8, 2015 Apr 16, 2014 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,317,078   -    1,629   +   89,589 
  Reverse repurchase agreements (13)                                         227,651   -   16,841   +   54,136 
  Deposits                                                          (0)    2,874,393   +   19,905   +   55,631 
    Term deposits held by depository institutions                                  0            0            0 
    Other deposits held by depository institutions                         2,748,955   -   43,957   +   78,151 
    U.S. Treasury, General Account                                           111,551   +   67,297   -   22,932 
    Foreign official                                                           5,231   +        1   -    1,747 
    Other (14)                                                      (0)        8,656   -    3,437   +    2,158 
  Deferred availability cash items                                  (0)          588   +        5   -      184 
  Other liabilities and accrued dividends (15)                                 7,967   +      497   +      636 
                                                                                                               
Total liabilities                                                   (0)    4,427,677   +    1,936   +  199,807 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             28,844   +        5   +      796 
  Surplus                                                                     28,844   +        5   +      796 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 57,689   +       11   +    1,592 

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. The current face value shown is the              
    remaining principal balance of the securities.                                                      
5.  Reflects the premium or discount, which is the difference between the purchase price and the face       
    value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt      
    securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an
    effective-interest basis.                                                                           
6.  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.      
7.  Refer to table 4 and the note on consolidation accompanying table 6.                                    
8.  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. Refer to the
    note on consolidation accompanying table 6.                                                         
9.  Refer to the note on consolidation accompanying table 6.                                                
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. Revalued daily at current foreign currency exchange rates.                                              
12. Includes accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable.                                                                                
13. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
14. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, and designated financial market utilities.                        
15. Includes the liability for interest on Federal Reserve notes due to U.S. Treasury.                      

 



6. Statement of Condition of Each Federal Reserve Bank, April 15, 2015
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         352       4,125          338         464         824       1,349         706         278         173         291         880       1,257
  Special drawing rights certificate acct.         5,200         196       1,818          210         237         412         654         424         150          90         153         282         574
  Coin                                             1,813          41          71          125         114         298         184         271          23          44         150         177         315
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans                                 4,414,410      89,304   2,709,381      105,755      96,381     246,722     244,029     180,427      54,448      27,069      58,150     134,507     468,237
    Securities held outright (1)               4,230,135      85,568   2,596,303      101,341      92,359     236,425     233,839     172,892      52,176      25,924      55,721     128,893     448,695
      U.S. Treasury securities                 2,459,806      49,758   1,509,739       58,929      53,706     137,480     135,977     100,536      30,340      15,075      32,401      74,951     260,914
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    2,459,806      49,758   1,509,739       58,929      53,706     137,480     135,977     100,536      30,340      15,075      32,401      74,951     260,914
      Federal agency debt securities (2)          35,895         726      22,031          860         784       2,006       1,984       1,467         443         220         473       1,094       3,807
      Mortgage-backed securities (4)           1,734,434      35,085   1,064,533       41,552      37,869      96,939      95,879      70,889      21,393      10,629      22,847      52,849     183,973
    Unamortized premiums on securities held 
      outright (5)                               202,119       4,089     124,053        4,842       4,413      11,297      11,173       8,261       2,493       1,239       2,662       6,159      21,439
    Unamortized discounts on securities     
      held outright (5)                          -17,882        -362     -10,975         -428        -390        -999        -988        -731        -221        -110        -236        -545      -1,897
    Repurchase agreements (6)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                             38           9           0            0           0           0           5           5           0          16           2           0           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (7)                                  1,694           0       1,694            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane II LLC (8)                                   0           0           0            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane III LLC (8)                                  0           0           0            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (9)               0           0           0            0           0           0           0           0           0           0           0           0           0
  Items in process of collection                      96           0           0            0           0           0          95           0           0           1           0           0           0
  Bank premises                                    2,243         124         431           74         109         218         210         202         120          95         240         221         199
  Central bank liquidity swaps (10)                    0           0           0            0           0           0           0           0           0           0           0           0           0
  Foreign currency denominated                                                                                                                                                                           
     assets (11)                                  19,398         879       6,254        1,084       1,512       4,451       1,104         521         181          81         204         279       2,848
  Other assets (12)                               29,476         645      17,570          720         660       1,831       1,647       1,211         442         212         426         966       3,146
  Interdistrict settlement account                     0  +   36,308  -  249,447   +   10,485  +   41,439  +   28,500  +    3,007  -    7,100  -      843  +    6,720  +    7,576  +   26,729  +   96,626
                                                                                                                                                                                                         
Total assets                                   4,485,366     127,850   2,491,897      118,790     140,915     283,256     252,278     176,661      54,799      34,485      67,189     164,043     573,202

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





6. Statement of Condition of Each Federal Reserve Bank, April 15, 2015 (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            1,498,269      50,837     474,814      50,454      75,314     104,755     209,964     106,507      44,969      26,925      42,273     121,439     190,017
    Less: Notes held by F.R. Banks               181,191       5,378      60,107       5,631       9,781      12,395      23,950      12,019       5,226       2,862       4,910      14,226      24,706
      Federal Reserve notes, net               1,317,078      45,459     414,706      44,823      65,533      92,360     186,014      94,487      39,743      24,063      37,363     107,214     165,310
  Reverse repurchase agreements (13)             227,651       4,605     139,724       5,454       4,970      12,724      12,584       9,304       2,808       1,395       2,999       6,937      24,147
  Deposits                                     2,874,393      75,002   1,914,186      65,050      65,687     164,422      49,540      70,943      11,543       8,458      26,076      48,793     374,692
    Term deposits held by depository        
        institutions                                   0           0           0           0           0           0           0           0           0           0           0           0           0
    Other deposits held by depository       
        institutions                           2,748,955      74,997   1,789,034      65,022      65,684     164,198      49,531      70,940      11,543       8,458      26,075      48,791     374,682
    U.S. Treasury, General Account               111,551           0     111,551           0           0           0           0           0           0           0           0           0           0
    Foreign official                               5,231           2       5,204           2           3           9           2           1           0           0           0           1           6
    Other (14)                                     8,656           3       8,397          27           0         215           7           2           0           0           1           1           4
  Deferred availability cash items                   588           0           0           0           0           0         416           0           0         172           0           0           0
  Interest on Federal Reserve notes due     
     to U.S. Treasury (15)                         1,597          17       1,103          26          19          33          87          69          15           9          22          51         147
  Other liabilities and accrued             
     dividends (16)                                6,370         176       3,466         216         227         589         362         282         140         136         125         201         450
                                                                                                                                                                                                        
Total liabilities                              4,427,677     125,259   2,473,186     115,569     136,437     270,128     249,004     175,085      54,250      34,233      66,585     163,195     564,746
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 28,844       1,295       9,356       1,611       2,239       6,564       1,637         788         275         126         302         424       4,228
  Surplus                                         28,844       1,295       9,356       1,611       2,239       6,564       1,637         788         275         126         302         424       4,228
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  4,485,366     127,850   2,491,897     118,790     140,915     283,256     252,278     176,661      54,799      34,485      67,189     164,043     573,202

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





6. Statement of Condition of Each Federal Reserve Bank, April 15, 2015 (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. The current face value shown is the remaining principal balance of the securities.                                                               
5.  Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt        
    securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an effective-interest basis.                                                               
6.  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.                                                                                                      
7.  Refer to table 4 and the note on consolidation below.                                                                                                                                                   
8.  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. Refer       
    to the note on consolidation below.                                                                                                                                                                 
9.  Refer to 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. Revalued daily at current foreign currency exchange rates.                                                                                                                                              
12. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.                                                                                   
13. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.                                                         
14. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, and designated financial market utilities.                               
15. 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.                                                                                                                                                   
                                                                                                                                                                                                            


Note on consolidation:

The Federal Reserve Bank of New York (FRBNY) 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 June 14, 2012, the remaining outstanding balance of the senior loan from FRBNY to Maiden Lane LLC
was repaid in full, with interest. On November 15, 2012, the remaining outstanding balance of the subordinated loan from JPMorgan Chase & Co. to Maiden Lane LLC was repaid in full, with
interest. 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. had written credit default swap contracts. On June 14, 2012, the loan from FRBNY to Maiden Lane III was repaid in full, with interest. 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 March 1, 2012, the loan from FRBNY to Maiden Lane II was repaid in full, with interest. 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. On January 15, 2013 the FRBNY's commitment to extend credit to TALF LLC was eliminated.                                                 

The FRBNY was the primary beneficiary of TALF LLC, because of the two beneficiaries of the LLC, the FRBNY and the U.S. Treasury, the FRBNY was primarily responsible for directing the
financial activities of TALF LLC. The FRBNY was the primary beneficiary of the other LLCs cited above because it received a majority of any residual returns of the LLCs and absorbed a majority of any
residual losses of the LLCs. Consistent with generally accepted accounting principles, the assets and liabilities of these LLCs were 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 were eliminated, the net
assets of the LLCs appeared as assets on the previous page (and in table 1 and table 5), and the liabilities of the LLCs to entities other than the FRBNY, including those with recourse only to
the portfolio holdings of the LLCs, were included in other liabilities in this table (and table 1 and table 5).

                                                                           



7. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Federal Reserve notes and collateral                                                        Wednesday   
                                                                                          Apr 15, 2015  

Federal Reserve notes outstanding                                                            1,498,269  
  Less: Notes held by F.R. Banks not subject to collateralization                              181,191  
    Federal Reserve notes to be collateralized                                               1,317,078  
Collateral held against Federal Reserve notes                                                1,317,078  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,300,841  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       4,230,135  
  Less: Face value of securities under reverse repurchase agreements                           216,630  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        4,013,505  

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.