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 October 3, 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

Oct 2, 2013 Sep 25, 2013 Oct 3, 2012

Wednesday

Oct 2, 2013

Reserve Bank credit 3,697,152 + 2,137 + 939,100 3,703,878

Securities held outright1 3,472,947 + 2,563 + 906,093 3,479,712

U.S. Treasury securities 2,069,762 + 12,978 + 421,302 2,076,927

Bills2 0 0 0 0

Notes and bonds, nominal2 1,969,216 + 12,968 + 402,502 1,976,374

Notes and bonds, inflation-indexed2 87,209 0 + 15,425 87,209

Inflation compensation3 13,337 + 10 + 3,375 13,345

Federal agency debt securities2 61,081 - 2,571 - 22,324 60,652

Mortgage-backed securities4 1,342,104 - 7,845 + 507,115 1,342,133

Unamortized premiums on securities held outright5 204,133 - 170 + 49,467 204,187

Unamortized discounts on securities held outright5 -7,134 - 448 - 5,441 -7,275

Repurchase agreements6 0 0 0 0

Loans 261 - 11 - 1,334 254

Primary credit 15 - 5 - 8 21

Secondary credit 0 0 0 0

Seasonal credit 145 - 6 + 39 133

Term Asset-Backed Securities Loan Facility7 101 0 - 1,366 101

Other credit extensions 0 0 0 0

Net portfolio holdings of Maiden Lane LLC8 1,494 - 2 - 227 1,493

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

Net portfolio holdings of Maiden Lane III LLC10 22 0 - 1 22

Net portfolio holdings of TALF LLC11 112 0 - 741 112

Float -688 - 116 + 12 -796

Central bank liquidity swaps12 511 + 248 - 12,040 511

Other Federal Reserve assets13 25,431 + 74 + 3,310 25,594

Foreign currency denominated assets14 24,176 + 116 - 1,652 24,384

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding15 45,329 + 14 + 694 45,329

Total factors supplying reserve funds 3,782,898 + 2,267 + 938,142 3,789,832

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

Oct 2, 2013 Sep 25, 2013 Oct 3, 2012

Wednesday

Oct 2, 2013

Currency in circulation15 1,207,262 + 2,766 + 77,372 1,209,630

Reverse repurchase agreements16 113,773 + 14,039 + 23,238 95,385

Foreign official and international accounts 95,968 + 628 + 5,433 92,683

Others 17,805 + 13,410 + 17,805 2,702

Treasury cash holdings 169 + 15 + 46 178

Deposits with F.R. Banks, other than reserve balances 84,834 - 47,533 - 26,553 90,572

Term deposits held by depository institutions 11,662 0 + 8,622 11,662

U.S. Treasury, General Account 37,961 - 7,030 - 45,336 57,533

Foreign official 8,886 + 9 + 3,295 8,876

Other 26,325 - 40,512 + 6,867 12,500

Other liabilities and capital17 65,500 + 223 - 441 64,911

Total factors, other than reserve balances,

absorbing reserve funds 1,471,539 - 30,489 + 73,663 1,460,676

Reserve balances with Federal Reserve Banks 2,311,359 + 32,756 + 864,478 2,329,156

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 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

Oct 2, 2013 Sep 25, 2013 Oct 3, 2012

Wednesday

Oct 2, 2013

Securities held in custody for foreign official and international

accounts 3,291,219 + 2,146 + 108,798 3,289,018

Marketable U.S. Treasury securities1 2,934,980 + 3,972 + 124,648 2,932,585

Federal agency debt and mortgage-backed securities2 318,015 - 2,089 - 16,150 318,097

Other securities3 38,223 + 261 + 299 38,336

Securities lent to dealers 20,180 - 2,438 + 9,853 13,718

Overnight facility4 20,180 - 2,438 + 9,853 13,718

U.S. Treasury securities 19,175 - 2,646 + 9,414 12,629

Federal agency debt securities 1,005 + 208 + 439 1,089

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

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, October 2, 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 54 99 49 52 0 ... 254

U.S. Treasury securities2

Holdings 0 4 385 659,494 880,754 536,289 2,076,927

Weekly changes - 2 0 0 + 12,860 - 986 + 3,049 + 14,923

Federal agency debt securities3

Holdings 487 2,944 17,215 37,597 62 2,347 60,652

Weekly changes - 2,513 - 487 0 0 0 0 - 3,000

Mortgage-backed securities4

Holdings 0 0 0 2 2,551 1,339,580 1,342,133

Weekly changes 0 0 0 0 - 1 + 130 + 129

Asset-backed securities held by

TALF LLC5 0 0 0 0 0 0 0

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

Central bank liquidity swaps7 352 159 0 0 0 0 511

Reverse repurchase agreements6 95,385 0 ... ... ... ... 95,385

Term deposits 11,662 0 0 ... ... ... 11,662

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. The current face value shown is the remaining principal balance of the securities.

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 Oct 2, 2013

Mortgage-backed securities held outright1 1,342,133

Commitments to buy mortgage-backed securities2 87,147

Commitments to sell mortgage-backed securities2 0

Cash and cash equivalents3 18

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 8 and table 9.

4. Information on Principal Accounts of Maiden Lane LLC

Millions of dollars

Wednesday Account name Oct 2, 2013

Net portfolio holdings of Maiden Lane LLC1 1,493

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 Oct 2, 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 Oct 2, 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 Oct 2, 2013

Asset-backed securities holdings1 0

Other investments, net 112

Net portfolio holdings of TALF LLC 112

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

Oct 2, 2013 Sep 25, 2013 Oct 3, 2012

Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 5,200 0 0

Coin 2,005 + 6 - 175

Securities, unamortized premiums and discounts,

repurchase agreements, and loans 3,676,879 + 11,790 + 950,241

Securities held outright1 3,479,712 + 12,052 + 908,371

U.S. Treasury securities 2,076,927 + 14,923 + 423,983

Bills2 0 0 0

Notes and bonds, nominal2 1,976,374 + 14,909 + 405,205

Notes and bonds, inflation-indexed2 87,209 0 + 15,425

Inflation compensation3 13,345 + 15 + 3,354

Federal agency debt securities2 60,652 - 3,000 - 22,753

Mortgage-backed securities4 1,342,133 + 129 + 507,141

Unamortized premiums on securities held outright5 204,187 + 104 + 48,777

Unamortized discounts on securities held outright5 -7,275 - 353 - 5,590

Repurchase agreements6 0 0 0

Loans 254 - 14 - 1,318

Net portfolio holdings of Maiden Lane LLC7 1,493 0 - 238

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

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

Net portfolio holdings of TALF LLC10 112 0 - 741

Items in process of collection (0) 86 - 7 - 143

Bank premises 2,283 - 7 - 61

Central bank liquidity swaps11 511 + 248 - 12,040

Foreign currency denominated assets12 24,384 + 262 - 1,368

Other assets13 23,311 + 1,077 + 3,398

Total assets (0) 3,747,387 + 13,369 + 938,875

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

Oct 2, 2013 Sep 25, 2013 Oct 3, 2012

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 1,166,479 + 3,677 + 75,203

Reverse repurchase agreements14 95,385 - 7,785 + 8,122

Deposits (0) 2,419,728 + 16,741 + 856,230

Term deposits held by depository institutions 11,662 0 + 8,622

Other deposits held by depository institutions 2,329,156 + 22,143 + 864,531

U.S. Treasury, General Account 57,533 + 11,516 - 15,955

Foreign official 8,876 - 1 + 3,315

Other (0) 12,500 - 16,918 - 4,284

Deferred availability cash items (0) 883 + 198 - 16

Other liabilities and accrued dividends15 10,028 + 537 - 815

Total liabilities (0) 3,692,504 + 13,368 + 938,724

Capital accounts

Capital paid in 27,441 0 + 75

Surplus 27,441 0 + 75

Other capital accounts 0 0 0

Total capital 54,883 + 1 + 151

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 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, October 2, 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 2,005 35 91 128 136 343 208 289 27 48 161 189 351

Securities, unamortized premiums and

discounts, repurchase agreements,

and loans 3,676,879 96,140 2,038,940 106,529 93,902 228,616 244,253 198,685 59,188 34,933 69,578 142,792 363,324

Securities held outright1 3,479,712 90,991 1,929,643 100,822 88,868 216,371 231,153 188,031 55,990 33,020 65,832 135,126 343,865

U.S. Treasury securities 2,076,927 54,310 1,151,741 60,177 53,043 129,145 137,968 112,230 33,418 19,708 39,293 80,652 205,242

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

Notes and bonds3 2,076,927 54,310 1,151,741 60,177 53,043 129,145 137,968 112,230 33,418 19,708 39,293 80,652 205,242

Federal agency debt securities2 60,652 1,586 33,634 1,757 1,549 3,771 4,029 3,277 976 576 1,147 2,355 5,994

Mortgage-backed securities4 1,342,133 35,095 744,268 38,887 34,277 83,455 89,156 72,524 21,595 12,736 25,392 52,118 132,630

Unamortized premiums on securities 

held outright5 204,187 5,339 113,230 5,916 5,215 12,697 13,564 11,034 3,285 1,938 3,863 7,929 20,178

Unamortized discounts on securities 

held outright5 -7,275 -190 -4,034 -211 -186 -452 -483 -393 -117 -69 -138 -282 -719

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

Loans 254 0 101 1 5 0 20 13 30 44 20 20 0

Net portfolio holdings of Maiden

Lane LLC7 1,493 0 1,493 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 112 0 112 0 0 0 0 0 0 0 0 0 0

Items in process of collection 86 0 0 0 0 0 85 0 0 0 0 0 0

Bank premises 2,283 118 428 72 112 229 211 202 127 100 248 233 204

Central bank liquidity swaps11 511 25 163 40 40 107 29 15 4 2 5 8 72

Foreign currency denominated assets12 24,384 1,195 7,849 1,880 1,896 5,104 1,385 693 203 102 246 386 3,447

Other assets13 23,311 643 12,520 682 606 1,629 1,574 1,261 434 285 464 929 2,283

Interdistrict settlement account 0 - 21,456 + 253,121 - 26,625 - 14,784 - 29,347 - 52,113 - 55,237 - 16,763 - 15,220 - 25,270 - 31,115 + 34,811

Total assets 3,747,387 77,286 2,320,544 83,313 82,657 207,948 197,707 147,124 43,681 20,529 45,894 114,431 406,273

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, October 2, 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 1,481,324 46,510 546,080 44,543 61,909 112,177 181,952 95,366 37,112 23,352 38,887 121,574 171,862

Less: Notes held by F.R. Banks 314,845 12,504 82,304 9,090 10,123 14,398 33,564 23,653 4,754 10,765 13,100 59,699 40,889

Federal Reserve notes, net 1,166,479 34,006 463,776 35,453 51,786 97,779 148,388 71,713 32,358 12,587 25,787 61,874 130,972

Reverse repurchase agreements14 95,385 2,494 52,895 2,764 2,436 5,931 6,336 5,154 1,535 905 1,805 3,704 9,426

Deposits 2,419,728 37,908 1,780,942 40,588 23,755 91,997 38,358 68,244 9,116 6,551 17,544 47,575 257,150

Term deposits held by depository

institutions 11,662 0 8,130 750 0 30 710 1,100 10 77 150 105 600

Other deposits held by depository

institutions 2,329,156 37,905 1,694,308 39,808 23,752 91,651 37,636 67,120 9,105 6,474 17,392 47,468 256,537

U.S. Treasury, General Account 57,533 0 57,533 0 0 0 0 0 0 0 0 0 0

Foreign official 8,876 2 8,849 3 3 8 2 1 0 0 0 1 6

Other 12,500 2 12,122 27 0 308 10 23 0 0 1 1 7

Deferred availability cash items 883 0 0 0 0 0 795 0 0 88 0 0 0

Interest on Federal Reserve notes due

to U.S. Treasury15 1,915 52 1,038 60 53 142 135 93 29 15 34 71 193

Other liabilities and accrued

dividends16 8,113 225 4,417 270 268 667 494 407 179 149 162 294 580

Total liabilities 3,692,504 74,686 2,303,068 79,135 78,298 196,516 194,506 145,611 43,216 20,296 45,332 113,518 398,322

Capital

Capital paid in 27,441 1,300 8,738 2,089 2,179 5,716 1,600 757 232 116 281 457 3,975

Surplus 27,441 1,300 8,738 2,089 2,179 5,716 1,600 757 232 116 281 457 3,975

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

Total liabilities and capital 3,747,387 77,286 2,320,544 83,313 82,657 207,948 197,707 147,124 43,681 20,529 45,894 114,431 406,273

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, October 2, 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. 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. 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 Oct 2, 2013

Federal Reserve notes outstanding 1,481,324

Less: Notes held by F.R. Banks not subject to collateralization 314,845

Federal Reserve notes to be collateralized 1,166,479

Collateral held against Federal Reserve notes 1,166,479

Gold certificate account 11,037

Special drawing rights certificate account 5,200

U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 1,150,243

Other assets pledged 0

Memo:

Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 3,479,712

Less: Face value of securities under reverse repurchase agreements 86,613

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 3,393,099

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.