FEDERAL RESERVE statistical release

For Release at

4:30 P.M. EDT 

June 12, 2014

Table 10 line items “Less: Face value of securities under reverse repurchase agreements” and “U.S. 

Treasury, agency debt, and mortgage-backed securities eligible to be pledged” have been corrected 

to include securities pledged as collateral for tri-party reverse repurchase agreements. 

The revised data are reported at the following 

link: http://www.federalreserve.gov/releases/h41/2014update.htm. 

Historical data incorporating this correction 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 August 15, 2013

1. Factors Affecting Reserve Balances of Depository Institutions

Millions of dollars

Averages of daily figures

Change from week ended

Reserve Bank credit, related items, and

reserve balances of depository institutions at 

Federal Reserve Banks

Week ended

Aug 14, 2013 Aug 7, 2013 Aug 15, 2012

Wednesday

Aug 14, 2013

Reserve Bank credit 3,565,560 + 31,029 + 752,994 3,603,348

Securities held outright1 3,329,461 + 29,072 + 730,742 3,366,637

U.S. Treasury securities 1,998,309 + 11,405 + 345,963 2,001,093

Bills2 0 0 0 0

Notes and bonds, nominal2 1,900,672 + 11,146 + 328,568 1,902,201

Notes and bonds, inflation-indexed2 84,608 + 202 + 14,366 85,819

Inflation compensation3 13,029 + 57 + 3,030 13,074

Federal agency debt securities2 66,406 - 115 - 22,970 65,713

Mortgage-backed securities4 1,264,747 + 17,783 + 407,750 1,299,831

Unamortized premiums on securities held outright5 203,867 - 29 + 57,083 204,069

Unamortized discounts on securities held outright5 -3,565 - 300 - 1,612 -3,900

Repurchase agreements6 0 0 - 86 0

Loans 335 + 19 - 3,305 364

Primary credit 15 + 8 - 9 32

Secondary credit 0 0 0 0

Seasonal credit 136 + 11 - 6 147

Term Asset-Backed Securities Loan Facility7 185 0 - 3,289 185

Other credit extensions 0 0 0 0

Net portfolio holdings of Maiden Lane LLC8 1,489 0 - 565 1,486

Net portfolio holdings of Maiden Lane II LLC9 64 0 + 3 64

Net portfolio holdings of Maiden Lane III LLC10 22 0 - 5,970 22

Net portfolio holdings of TALF LLC11 195 - 52 - 653 195

Float -661 + 20 - 6 -781

Central bank liquidity swaps12 1,479 0 - 28,526 1,479

Other Federal Reserve assets13 32,874 + 2,299 + 5,892 33,712

Foreign currency denominated assets14 24,056 + 209 - 1,039 23,853

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding15 45,231 + 14 + 656 45,231

Total factors supplying reserve funds 3,651,089 + 31,253 + 752,612 3,688,673

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

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

Millions of dollars

Averages of daily figures

Change from week ended

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Week ended

Aug 14, 2013 Aug 7, 2013 Aug 15, 2012

Wednesday

Aug 14, 2013

Currency in circulation15 1,198,598 + 371 + 82,171 1,199,460

Reverse repurchase agreements16 94,823 + 2,996 + 3,074 98,069

Foreign official and international accounts 93,882 + 2,377 + 2,133 96,859

Others 941 + 618 + 941 1,210

Treasury cash holdings 151 + 6 + 23 152

Deposits with F.R. Banks, other than reserve balances 116,044 + 21,730 + 47,946 127,211

Term deposits held by depository institutions 11,913 0 + 8,873 11,913

U.S. Treasury, General Account 64,121 + 3,276 + 35,723 57,157

Foreign official 10,454 + 43 + 5,285 10,411

Other 29,556 + 18,412 - 1,934 47,730

Other liabilities and capital17 65,927 + 2,045 - 754 64,931

Total factors, other than reserve balances,

absorbing reserve funds 1,475,544 + 27,148 + 132,461 1,489,822

Reserve balances with Federal Reserve Banks 2,175,545 + 4,104 + 620,151 2,198,852

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. 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 9.

9. Refer to table 5 and the note on consolidation accompanying table 9.

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

11. Refer to table 7 and the note on consolidation accompanying table 9.

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

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

foreign central bank.

13. Includes 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.

14. Revalued daily at current foreign currency exchange rates.

15. Estimated.

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

17. 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.
H.4.1

1A. Memorandum Items

Millions of dollars

Averages of daily figures

Memorandum item Week ended Change from week ended

Aug 14, 2013 Aug 7, 2013 Aug 15, 2012

Wednesday

Aug 14, 2013

Securities held in custody for foreign official and international

accounts 3,267,229 - 1,362 + 123,036 3,265,736

Marketable U.S. Treasury securities1 2,920,966 - 3,326 + 147,515 2,918,203

Federal agency debt and mortgage-backed securities2 308,969 + 1,927 - 23,426 310,240

Other securities3 37,293 + 36 - 1,053 37,293

Securities lent to dealers 10,981 + 2,371 - 1,293 12,153

Overnight facility4 10,981 + 2,371 - 1,293 12,153

U.S. Treasury securities 10,165 + 2,326 - 1,482 11,360

Federal agency debt securities 816 + 45 + 189 793

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, August 14, 2013

Millions of dollars

Remaining Maturity Within 15

days

16 days to

90 days

91 days to

1 year

Over 1 year

to 5 years

Over 5 year

to 10 years

Over 10

years

All

Loans1 67 112 111 73 0 ... 364

U.S. Treasury securities2

Holdings 0 4 381 622,371 855,332 523,005 2,001,093

Weekly changes 0 0 0 + 22,613 - 19,377 + 4,483 + 7,718

Federal agency debt securities3

Holdings 0 6,633 17,518 39,153 62 2,347 65,713

Weekly changes - 808 0 + 565 - 565 0 0 - 808

Mortgage-backed securities4

Holdings 0 0 0 2 2,643 1,297,186 1,299,831

Weekly changes 0 0 0 0 + 74 + 52,793 + 52,867

Asset-backed securities held by

TALF LLC5 0 0 0 0 0 0 0

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

Central bank liquidity swaps7 1,293 186 0 0 0 0 1,479

Reverse repurchase agreements6 98,069 0 ... ... ... ... 98,069

Term deposits 11,913 0 0 ... ... ... 11,913

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

...Not applicable.

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

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

under generally accepted accounting principles.

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

original face value of such securities.

3. Face value.

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

underlying mortgages.

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

6. Cash value of agreements.

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

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

central bank.
H.4.1

3. Supplemental Information on Mortgage-Backed Securities

Millions of dollars

Wednesday Account name Aug 14, 2013

Mortgage-backed securities held outright1 1,299,831

Commitments to buy mortgage-backed securities2 66,381

Commitments to sell mortgage-backed securities2 0

Cash and cash equivalents3 5

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

underlying mortgages.

2. Current face value. Generally settle within 180 days and include commitments associated with outright transactions, dollar rolls, and coupon swaps.

3. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 8 and table 9.

4. Information on Principal Accounts of Maiden Lane LLC

Millions of dollars

Wednesday Account name Aug 14, 2013

Net portfolio holdings of Maiden Lane LLC1 1,486

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

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

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 June 30, 2013. Any assets purchased after

this valuation date are initially recorded at cost until their estimated fair value as of the purchase date becomes available.

2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York’s statement of condition consistent with

consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.

3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in

table 8 and table 9.

Note: On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC under the authority of section 13(3) of

the Federal Reserve Act. This limited liability company was formed to acquire certain assets of Bear Stearns and to manage those assets through time

to maximize repayment of the credit extended and to minimize disruption to financial markets. Payments by Maiden Lane LLC from the proceeds of the

net portfolio holdings will be made in the following order: operating expenses of the LLC, principal due to the FRBNY, interest due to the FRBNY,

principal due to JPMorgan Chase & Co., and interest due to JPMorgan Chase & Co. Any remaining funds will be paid to the FRBNY.

5. Information on Principal Accounts of Maiden Lane II LLC

Millions of dollars

Wednesday Account name Aug 14, 2013

Net portfolio holdings of Maiden Lane II LLC1 64

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

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

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 June 30, 2013. 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.
H.4.1

6. Information on Principal Accounts of Maiden Lane III LLC

Millions of dollars

Wednesday Account name Aug 14, 2013

Net portfolio holdings of Maiden Lane III LLC1 22

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

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

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 June 30, 2013. Any assets purchased after

this valuation date are initially recorded at cost until their estimated fair value as of the purchase date becomes available.

2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York’s statement of condition consistent with

consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.

3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in

table 8 and table 9.

Note: On November 25, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane III LLC under the authority of

section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase multi-sector collateralized debt obligations (CDOs) on

which the Financial Products group of American International Group, Inc. (AIG) has written credit default swap (CDS) contracts. In connection with the

purchase of CDOs, the CDS counterparties will concurrently unwind the related CDS transactions. Payments by Maiden Lane III LLC from the proceeds

of the net portfolio holdings will be made in the following order: operating expenses of Maiden Lane III LLC, principal due to the FRBNY, interest due to

the FRBNY, principal due to AIG, and interest due to AIG. Any remaining funds will be shared by the FRBNY and AIG.

7. Information on Principal Accounts of TALF LLC

Millions of dollars

Wednesday Account name Aug 14, 2013

Asset-backed securities holdings1 0

Other investments, net 195

Net portfolio holdings of TALF LLC 195

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

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

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

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) extended loans with a term of up

to five years to holders of eligible asset-backed securities. The Federal Reserve closed the TALF for new loan extensions in 2010. 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.

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. Prior to January 15, 2013, the U.S. Treasury's Troubled Asset Relief Program

(TARP) committed backup funding to TALF LLC, providing credit protection to the FRBNY. However, the accumulated fees and income collected through the

TALF and held by TALF LLC now exceed the remaining amount of TALF loans outstanding. Accordingly, the TARP credit protection commitment has been

terminated, and TALF LLC has begun to distribute excess proceeds to the Treasury and the FRBNY. Any remaining funds will be shared by the FRBNY and

the U.S. Treasury.
H.4.1

8. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Assets, liabilities, and capital Wednesday Wednesday Eliminations from

consolidation

Wednesday

Aug 14, 2013 Aug 7, 2013 Aug 15, 2012

Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 5,200 0 0

Coin 1,989 + 8 - 154

Securities, unamortized premiums and discounts,

repurchase agreements, and loans 3,567,170 + 59,419 + 828,386

Securities held outright1 3,366,637 + 59,777 + 777,021

U.S. Treasury securities 2,001,093 + 7,718 + 354,733

Bills2 0 0 0

Notes and bonds, nominal2 1,902,201 + 6,223 + 336,294

Notes and bonds, inflation-indexed2 85,819 + 1,413 + 15,384

Inflation compensation3 13,074 + 83 + 3,056

Federal agency debt securities2 65,713 - 808 - 23,388

Mortgage-backed securities4 1,299,831 + 52,867 + 445,676

Unamortized premiums on securities held outright5 204,069 + 175 + 56,577

Unamortized discounts on securities held outright5 -3,900 - 578 - 1,969

Repurchase agreements6 0 0 0

Loans 364 + 45 - 3,243

Net portfolio holdings of Maiden Lane LLC7 1,486 - 4 - 382

Net portfolio holdings of Maiden Lane II LLC8 64 0 + 3

Net portfolio holdings of Maiden Lane III LLC9 22 0 - 1,443

Net portfolio holdings of TALF LLC10 195 0 - 653

Items in process of collection (0) 108 - 572 - 18

Bank premises 2,289 0 - 65

Central bank liquidity swaps11 1,479 0 - 28,526

Foreign currency denominated assets12 23,853 - 220 - 1,165

Other assets13 31,431 + 2,331 + 17,023

Total assets (0) 3,646,323 + 60,964 + 813,006

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

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

Millions of dollars

Change since

Assets, liabilities, and capital Wednesday Wednesday Eliminations from

consolidation

Wednesday

Aug 14, 2013 Aug 7, 2013 Aug 15, 2012

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 1,156,364 - 554 + 81,147

Reverse repurchase agreements14 98,069 + 4,929 + 7,385

Deposits (0) 2,326,070 + 55,728 + 723,045

Term deposits held by depository institutions 11,913 0 + 8,873

Other deposits held by depository institutions 2,198,859 + 37,877 + 635,366

U.S. Treasury, General Account 57,157 - 5,522 + 37,251

Foreign official 10,411 0 + 4,725

Other (0) 47,730 + 23,373 + 36,831

Deferred availability cash items (0) 889 - 29 + 55

Other liabilities and accrued dividends15 9,837 + 822 + 987

Total liabilities (0) 3,591,229 + 60,896 + 812,619

Capital accounts

Capital paid in 27,547 + 34 + 193

Surplus 27,547 + 34 + 193

Other capital accounts 0 0 0

Total capital 55,094 + 68 + 386

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. 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 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. Revalued daily at current foreign currency exchange rates.

13. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.

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.
H.4.1

9. Statement of Condition of Each Federal Reserve Bank, August 14, 2013

Millions of dollars

Kansas San Assets, liabilities, and capital Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco

Assets

Gold certificate account 11,037 391 3,925 397 512 856 1,421 792 310 190 309 728 1,206

Special drawing rights certificate acct. 5,200 196 1,818 210 237 412 654 424 150 90 153 282 574

Coin 1,989 34 85 125 139 342 195 289 30 48 161 194 347

Securities, unamortized premiums and

discounts, repurchase agreements,

and loans 3,567,170 93,268 1,978,130 103,346 91,094 221,789 236,964 192,762 57,414 33,896 67,498 138,516 352,493

Securities held outright1 3,366,637 88,034 1,866,938 97,546 85,980 209,340 223,641 181,921 54,170 31,947 63,693 130,735 332,691

U.S. Treasury securities 2,001,093 52,327 1,109,688 57,980 51,106 124,430 132,930 108,132 32,198 18,989 37,858 77,707 197,748

Bills2 0 0 0 0 0 0 0 0 0 0 0 0 0

Notes and bonds3 2,001,093 52,327 1,109,688 57,980 51,106 124,430 132,930 108,132 32,198 18,989 37,858 77,707 197,748

Federal agency debt securities2 65,713 1,718 36,441 1,904 1,678 4,086 4,365 3,551 1,057 624 1,243 2,552 6,494

Mortgage-backed securities4 1,299,831 33,989 720,810 37,662 33,196 80,825 86,346 70,238 20,915 12,334 24,591 50,476 128,449

Unamortized premiums on securities 

held outright5 204,069 5,336 113,165 5,913 5,212 12,689 13,556 11,027 3,284 1,936 3,861 7,925 20,166

Unamortized discounts on securities 

held outright5 -3,900 -102 -2,163 -113 -100 -243 -259 -211 -63 -37 -74 -151 -385

Repurchase agreements6 0 0 0 0 0 0 0 0 0 0 0 0 0

Loans 364 0 190 0 1 2 26 24 23 50 18 8 22

Net portfolio holdings of Maiden

Lane LLC7 1,486 0 1,486 0 0 0 0 0 0 0 0 0 0

Net portfolio holdings of Maiden

Lane II LLC8 64 0 64 0 0 0 0 0 0 0 0 0 0

Net portfolio holdings of Maiden

Lane III LLC9 22 0 22 0 0 0 0 0 0 0 0 0 0

Net portfolio holdings of TALF LLC10 195 0 195 0 0 0 0 0 0 0 0 0 0

Items in process of collection 108 0 0 0 0 0 107 0 0 0 0 0 0

Bank premises 2,289 119 428 72 112 229 212 200 128 101 249 234 205

Central bank liquidity swaps11 1,479 73 473 114 115 311 84 42 12 6 15 23 210

Foreign currency denominated assets12 23,853 1,172 7,627 1,845 1,860 5,009 1,359 680 199 100 241 378 3,383

Other assets13 31,431 850 16,934 1,043 812 2,153 2,110 1,699 527 351 611 1,275 3,067

Interdistrict settlement account 0 - 32,351 + 249,416 - 27,302 - 15,409 - 9,111 - 46,282 - 51,893 - 14,958 - 14,558 - 23,775 - 39,195 + 25,417

Total assets 3,646,323 63,752 2,260,602 79,851 79,472 221,989 196,824 144,996 43,812 20,225 45,462 102,436 386,902

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

9. Statement of Condition of Each Federal Reserve Bank, August 14, 2013 (continued)

Millions of dollars

Kansas San Assets, liabilities, and capital Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco

Liabilities

Federal Reserve notes outstanding 1,483,944 46,332 551,684 45,692 61,666 112,210 181,330 96,337 37,486 23,576 39,790 118,982 168,857

Less: Notes held by F.R. Banks 327,579 13,116 92,504 9,086 9,736 14,637 35,313 22,940 4,952 11,100 13,630 61,921 38,643

Federal Reserve notes, net 1,156,364 33,217 459,180 36,606 51,930 97,573 146,017 73,397 32,534 12,476 26,160 57,061 130,214

Reverse repurchase agreements14 98,069 2,564 54,383 2,841 2,505 6,098 6,515 5,299 1,578 931 1,855 3,808 9,691

Deposits 2,326,070 25,106 1,724,042 35,876 20,394 106,080 39,756 64,270 9,023 6,242 16,679 40,268 238,334

Term deposits held by depository

institutions 11,913 5 8,010 800 0 1,045 700 128 0 70 150 5 1,000

Other deposits held by depository

institutions 2,198,859 25,097 1,601,168 35,042 20,387 104,716 39,044 64,105 9,023 6,172 16,527 40,261 237,318

U.S. Treasury, General Account 57,157 0 57,157 0 0 0 0 0 0 0 0 0 0

Foreign official 10,411 2 10,384 3 3 8 2 1 0 0 0 1 6

Other 47,730 2 47,323 31 4 311 10 35 0 0 1 2 10

Deferred availability cash items 889 0 0 0 0 0 715 0 0 174 0 0 0

Interest on Federal Reserve notes due

to U.S. Treasury15 1,490 34 887 37 30 57 108 93 26 15 33 66 105

Other liabilities and accrued

dividends16 8,346 234 4,563 265 261 659 519 424 188 154 173 312 594

Total liabilities 3,591,229 61,155 2,243,055 75,625 75,119 210,468 193,630 143,483 43,349 19,991 44,899 101,515 378,938

Capital

Capital paid in 27,547 1,299 8,773 2,113 2,176 5,760 1,597 756 232 117 282 461 3,982

Surplus 27,547 1,299 8,773 2,113 2,176 5,760 1,597 756 232 117 282 461 3,982

Other capital 0 0 0 0 0 0 0 0 0 0 0 0 0

Total liabilities and capital 3,646,323 63,752 2,260,602 79,851 79,472 221,989 196,824 144,996 43,812 20,225 45,462 102,436 386,902

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

9. Statement of Condition of Each Federal Reserve Bank, August 14, 2013 (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. 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. Refer to table 5 and the note on consolidation below.

9. Refer to table 6 and the note on consolidation below.

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

11. 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. Revalued daily at current foreign currency exchange rates.

13. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.

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

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.

16. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to entities other than the Federal Reserve Bank of New York, including liabilities that have

recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation 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).
H.4.1

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

Millions of dollars

Wednesday Federal Reserve notes and collateral Aug 14, 2013

Federal Reserve notes outstanding 1,483,944

Less: Notes held by F.R. Banks not subject to collateralization 327,579

Federal Reserve notes to be collateralized 1,156,364

Collateral held against Federal Reserve notes 1,156,364

Gold certificate account 11,037

Special drawing rights certificate account 5,200

U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 1,140,128

Other assets pledged 0

Memo:

Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 3,366,637

Less: Face value of securities under reverse repurchase agreements 87,841

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 3,278,796

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.