FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                                    June 25, 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  Jun 24, 2015 
Federal Reserve Banks                                     Jun 24, 2015 Jun 17, 2015 Jun 25, 2014              

Reserve Bank credit                                         4,460,131   +    8,468   +  127,963    4,456,803  
  Securities held outright (1)                              4,246,767   +    7,072   +  137,270    4,243,199  
    U.S. Treasury securities                                2,460,891   +       54   +   66,524    2,460,911  
      Bills (2)                                                     0            0            0            0  
      Notes and bonds, nominal (2)                          2,346,642            0   +   64,729    2,346,642  
      Notes and bonds, inflation-indexed (2)                   98,534            0   +    1,763       98,534  
      Inflation compensation (3)                               15,715   +       54   +       32       15,735  
    Federal agency debt securities (2)                         35,895            0   -    7,764       35,895  
    Mortgage-backed securities (4)                          1,749,981   +    7,018   +   78,511    1,746,393  
  Unamortized premiums on securities held outright (5)        199,221   -      112   -   10,537      198,918  
  Unamortized discounts on securities held outright (5)       -17,562   +       35   +      836      -17,550  
  Repurchase agreements (6)                                         0            0            0            0  
  Loans                                                           176   +       27   -       28          207  
    Primary credit                                                 23   +        9   -        7           49  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                               153   +       18   +       28          158  
    Term Asset-Backed Securities Loan Facility (7)                  0            0   -       50            0  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (8)                 1,696            0   +       42        1,696  
  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   -       90            0  
  Float                                                          -334   +       25   +      152         -353  
  Central bank liquidity swaps (11)                               115   +        1   -        9          115  
  Other Federal Reserve assets (12)                            30,051   +    1,418   +      410       30,571  
Foreign currency denominated assets (13)                       19,930   +       71   -    4,014       19,723  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (14)                             46,839   +       14   +      893       46,839  
                                                                                                              
Total factors supplying reserve funds                       4,543,142   +    8,553   +  124,843    4,539,606  

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  Jun 24, 2015 
Federal Reserve Banks                                     Jun 24, 2015 Jun 17, 2015 Jun 25, 2014              

Currency in circulation (14)                                 1,364,284   -      672   +   85,744    1,365,349 
Reverse repurchase agreements (15)                             310,776   +   63,911   +   97,031      289,416 
  Foreign official and international accounts                  151,226   -      583   +   47,789      152,774 
  Others                                                       159,551   +   64,495   +   49,243      136,642 
Treasury cash holdings                                             130   -        4   -       31          102 
Deposits with F.R. Banks, other than reserve balances          270,743   +   36,744   +   49,783      325,837 
  Term deposits held by depository institutions                      0            0   -   92,690            0 
  U.S. Treasury, General Account                               239,498   +   31,850   +  132,254      240,762 
  Foreign official                                               5,242   -        4   -      718        5,243 
  Other (16)                                                    26,003   +    4,898   +   10,936       79,833 
Other liabilities and capital (17)                              66,883   -      448   +    2,293       65,372 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  2,012,817   +   99,532   +  234,821    2,046,077 
                                                                                                              
Reserve balances with Federal Reserve Banks                  2,530,324   -   90,980   -  109,979    2,493,529 

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  Jun 24, 2015 
                                                          Jun 24, 2015 Jun 17, 2015 Jun 25, 2014              

Securities held in custody for foreign official and       
     international accounts                                  3,368,074   +    3,111   +   53,071    3,365,889 
  Marketable U.S. Treasury securities (1)                    3,021,643   -      779   +   41,013    3,021,400 
  Federal agency debt and mortgage-backed securities (2)       301,735   +    3,470   +    8,782      299,313 
  Other securities (3)                                          44,696   +      421   +    3,276       45,176 
Securities lent to dealers                                      11,453   +      310   -    1,833       11,216 
  Overnight facility (4)                                        11,453   +      310   -    1,833       11,216 
    U.S. Treasury securities                                    11,311   +      337   -      914       11,071 
    Federal agency debt securities                                 142   -       27   -      920          145 

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, June 24, 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                                          185            22             0             0             0           ...           207 
U.S. Treasury securities (1)                                                                                                           
  Holdings                                       1         1,288       129,567     1,098,764       586,975       644,316     2,460,911 
  Weekly changes                                 0             0             0    +        8    +       10    +       36    +       54 
Federal agency debt securities (2)                                                                                                     
  Holdings                                       0           802         9,997        22,749             0         2,347        35,895 
  Weekly changes                                 0             0             0             0             0             0             0 
Mortgage-backed securities (3)                                                                                                         
  Holdings                                       0             0             0            36         9,484     1,736,873     1,746,393 
  Weekly changes                                 0             0             0             0             0    +    5,516    +    5,516 
Repurchase agreements (4)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (5)               115             0             0             0             0             0           115 
                                                                                                                                       
Reverse repurchase agreements (4)          289,416             0           ...           ...           ...           ...       289,416 
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   
                                                                                                                      Jun 24, 2015  

Mortgage-backed securities held outright (1)                                                                             1,746,393  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                           28,732  
Commitments to sell mortgage-backed securities (2)                                                                               0  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                   46  



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   
                                                                                                                      Jun 24, 2015  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,696  
                                                                                                                                    
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 March 31, 2015. 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       Jun 24, 2015   Wednesday    Wednesday  
                                                        consolidation                Jun 17, 2015 Jun 25, 2014 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,867   +       23   -       26  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     4,424,774   +    5,396   +  128,940  
    Securities held outright (1)                                          4,243,199   +    5,570   +  138,671  
      U.S. Treasury securities                                            2,460,911   +       54   +   63,939  
        Bills (2)                                                                 0            0            0  
        Notes and bonds, nominal (2)                                      2,346,642            0   +   62,155  
        Notes and bonds, inflation-indexed (2)                               98,534            0   +    1,763  
        Inflation compensation (3)                                           15,735   +       54   +       20  
      Federal agency debt securities (2)                                     35,895            0   -    7,764  
      Mortgage-backed securities (4)                                      1,746,393   +    5,516   +   82,496  
    Unamortized premiums on securities held outright  
    (5)                                                                     198,918   -      220   -   10,546  
    Unamortized discounts on securities held outright 
    (5)                                                                     -17,550   +       32   +      883  
    Repurchase agreements (6)                                                     0            0            0  
    Loans                                                                       207   +       14   -       67  
  Net portfolio holdings of Maiden Lane LLC (7)                               1,696            0   +       42  
  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   -       90  
  Items in process of collection                                   (0)           72   -       17   +        6  
  Bank premises                                                               2,243            0   -       20  
  Central bank liquidity swaps (10)                                             115   +        1   -        9  
  Foreign currency denominated assets (11)                                   19,723   -       71   -    4,287  
  Other assets (12)                                                          28,328   +    1,906   +    2,235  
                                                                                                               
Total assets                                                       (0)    4,495,055   +    7,238   +  126,707  

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       Jun 24, 2015   Wednesday    Wednesday  
                                                        consolidation                Jun 17, 2015 Jun 25, 2014 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,320,475   +      112   +   84,270 
  Reverse repurchase agreements (13)                                         289,416   +   27,967   +   66,673 
  Deposits                                                          (0)    2,819,366   -   20,890   -   26,047 
    Term deposits held by depository institutions                                  0            0   -   92,690 
    Other deposits held by depository institutions                         2,493,529   -   81,977   -  134,531 
    U.S. Treasury, General Account                                           240,762   -   10,607   +  132,698 
    Foreign official                                                           5,243   +        1   -      709 
    Other (14)                                                      (0)       79,833   +   71,695   +   69,185 
  Deferred availability cash items                                  (0)          425   +       59   -      166 
  Other liabilities and accrued dividends (15)                                 7,108   -        3   +       34 
                                                                                                               
Total liabilities                                                   (0)    4,436,791   +    7,246   +  124,765 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             29,132   -        4   +      971 
  Surplus                                                                     29,132   -        4   +      971 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 58,264   -        8   +    1,943 

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, June 24, 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         347       3,709          340         505         783       1,600         734         299         171         288         891       1,370
  Special drawing rights certificate acct.         5,200         196       1,818          210         237         412         654         424         150          90         153         282         574
  Coin                                             1,867          34          62          128         128         297         205         276          32          48         149         196         312
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans                                 4,424,774     112,164   2,656,123      110,046     106,377     240,314     249,182     164,407      46,215      26,980      57,487     142,535     512,946
    Securities held outright (1)               4,243,199     107,563   2,547,243      105,535     102,017     230,463     238,943     157,654      44,250      25,805      55,121     136,687     491,916
      U.S. Treasury securities                 2,460,911      62,383   1,477,314       61,207      59,166     133,661     138,579      91,434      25,664      14,966      31,969      79,274     285,295
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    2,460,911      62,383   1,477,314       61,207      59,166     133,661     138,579      91,434      25,664      14,966      31,969      79,274     285,295
      Federal agency debt securities (2)          35,895         910      21,548          893         863       1,950       2,021       1,334         374         218         466       1,156       4,161
      Mortgage-backed securities (4)           1,746,393      44,270   1,048,381       43,436      41,987      94,853      98,343      64,886      18,212      10,621      22,687      56,257     202,460
    Unamortized premiums on securities held 
      outright (5)                               198,918       5,042     119,413        4,947       4,782      10,804      11,201       7,391       2,074       1,210       2,584       6,408      23,061
    Unamortized discounts on securities     
      held outright (5)                          -17,550        -445     -10,535         -436        -422        -953        -988        -652        -183        -107        -228        -565      -2,035
    Repurchase agreements (6)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                            207           3           2            0           0           0          25          14          73          71          10           5           4
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (7)                                  1,696           0       1,696            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                      72           0           0            0           0           0          71           0           0           0           0           0           0
  Bank premises                                    2,243         125         436           73         108         217         208         204         119          94         239         221         198
  Central bank liquidity swaps (10)                  115           5          37            6           9          26           7           3           1           0           1           2          17
  Foreign currency denominated                                                                                                                                                                           
     assets (11)                                  19,723         894       6,358        1,102       1,537       4,525       1,122         530         184          83         207         284       2,896
  Other assets (12)                               28,328         751      16,410          711         689       1,699       1,601       1,059         514         202         402       1,018       3,273
  Interdistrict settlement account                     0  +   13,341  -   29,940   +   11,376  +   22,833  +    7,515  -   16,012  +    9,607  +    4,368  +    3,616  +    1,331  +    4,307  -   32,342
                                                                                                                                                                                                         
Total assets                                   4,495,055     127,857   2,656,708      123,993     132,424     255,789     238,639     177,242      51,881      31,285      60,257     149,735     489,244

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, June 24, 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            1,506,927      49,690     488,202      50,719      79,721     104,384     207,711     106,159      46,851      26,569      41,669     119,177     186,075
    Less: Notes held by F.R. Banks               186,452       5,892      64,412       5,690      10,018      12,937      23,665      11,437       5,079       2,807       4,777      14,203      25,535
      Federal Reserve notes, net               1,320,475      43,797     423,790      45,029      69,703      91,448     184,045      94,722      41,772      23,762      36,892     104,974     160,540
  Reverse repurchase agreements (13)             289,416       7,337     173,740       7,198       6,958      15,719      16,298      10,753       3,018       1,760       3,760       9,323      33,552
  Deposits                                     2,819,366      73,890   2,036,782      68,142      50,984     134,744      34,313      69,841       6,368       5,162      18,850      34,319     285,970
    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                           2,493,529      73,886   1,711,114      68,140      50,981     134,648      34,304      69,838       6,331       5,162      18,848      34,316     285,961
    U.S. Treasury, General Account               240,762           0     240,762           0           0           0           0           0           0           0           0           0           0
    Foreign official                               5,243           2       5,216           2           3           9           2           1           0           0           0           1           6
    Other (14)                                    79,833           2      79,691           0           0          88           7           2          37           0           1           3           2
  Deferred availability cash items                   425           0           0           0           0           0         226           0           0         199           0           0           0
  Interest on Federal Reserve notes due     
     to U.S. Treasury (15)                         1,844          42       1,144          41          39          79         106          64          18          10          26          62         213
  Other liabilities and accrued             
     dividends                                     5,265         188       2,212         233         253         652         370         283         140         137         127         197         471
                                                                                                                                                                                                        
Total liabilities                              4,436,791     125,254   2,637,668     120,644     127,938     242,642     235,357     175,663      51,317      31,031      59,654     148,876     480,746
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 29,132       1,302       9,520       1,675       2,243       6,573       1,641         790         282         127         301         430       4,249
  Surplus                                         29,132       1,302       9,520       1,675       2,243       6,573       1,641         790         282         127         301         430       4,249
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  4,495,055     127,857   2,656,708     123,993     132,424     255,789     238,639     177,242      51,881      31,285      60,257     149,735     489,244

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, June 24, 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   
                                                                                          Jun 24, 2015  

Federal Reserve notes outstanding                                                            1,506,927  
  Less: Notes held by F.R. Banks not subject to collateralization                              186,452  
    Federal Reserve notes to be collateralized                                               1,320,475  
Collateral held against Federal Reserve notes                                                1,320,475  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,304,238  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       4,243,199  
  Less: Face value of securities under reverse repurchase agreements                           277,440  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        3,965,759  

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.