FEDERAL RESERVE statistical release
H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                             October 18, 2012
 
1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and                         Averages of daily figures         Wednesday  
reserve balances of depository institutions at             Week ended   Change from week ended   Oct 17, 2012
Federal Reserve Banks                                     Oct 17, 2012 Oct 10, 2012 Oct 19, 2011
 
Reserve Bank credit                                        2,819,975   +   22,588   -   17,790    2,829,332
  Securities held outright (1)                             2,595,219   +   19,526   -   45,863    2,604,134
    U.S. Treasury securities                               1,650,125   -    7,264   -   15,837    1,659,084
      Bills (2)                                                    0            0   -   18,423            0
      Notes and bonds, nominal (2)                         1,566,976   -    8,567   -    2,095    1,575,696
      Notes and bonds, inflation-indexed (2)                  72,855   +    1,071   +    4,281       73,034
      Inflation compensation (3)                              10,294   +      231   +      399       10,354
    Federal agency debt securities (2)                        82,746   -      565   -   25,265       82,746
    Mortgage-backed securities (4)                           862,349   +   27,356   -    4,759      862,304
  Repurchase agreements (5)                                        0            0            0            0
  Loans                                                        1,496   -       61   -    9,764        1,475
    Primary credit                                                12   -        5   +        9            1
    Secondary credit                                               0            0            0            0
    Seasonal credit                                               61   -       25   +       19           52
    Term Asset-Backed Securities Loan Facility (6)             1,423   -       31   -    9,792        1,421
    Other credit extensions                                        0            0            0            0
  Net portfolio holdings of Maiden Lane LLC (7)                1,707   -       24   -   12,783        1,554
  Net portfolio holdings of Maiden Lane II LLC (8)                61            0   -    9,795           61
  Net portfolio holdings of Maiden Lane III LLC (9)               23            0   -   21,065           23
  Net portfolio holdings of TALF LLC (10)                        853            0   +       68          853
  Float                                                         -722   +       25   +      371         -702
  Central bank liquidity swaps (11)                           12,877   -       74   +   11,024       12,877
  Other Federal Reserve assets (12)                          208,461   +    3,196   +   70,016      209,057
Gold stock                                                    11,041            0            0       11,041
Special drawing rights certificate account                     5,200            0            0        5,200
Treasury currency outstanding (13)                            44,727   +       14   +      614       44,727

Total factors supplying reserve funds                      2,880,943   +   22,602   -   17,176    2,890,300
 
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   Oct 17, 2012
Federal Reserve Banks                                     Oct 17, 2012 Oct 10, 2012 Oct 19, 2011
 
Currency in circulation (13)                               1,135,638   -      966   +   92,841    1,136,266
Reverse repurchase agreements (14)                            97,216   +   10,435   +   16,860      101,307
  Foreign official and international accounts                 97,216   +   10,435   +   16,860      101,307
  Others                                                           0            0            0            0
Treasury cash holdings                                           132   +        3   -       11          134
Deposits with F.R. Banks, other than reserve balances         94,838   -    2,401   -    7,957       79,300
  Term deposits held by depository institutions                    0   -    3,040   -    5,077            0
  U.S. Treasury, General Account                              58,473   -    7,372   +   15,070       68,600
  U.S. Treasury, Supplementary Financing Account                   0            0            0            0
  Foreign official                                             5,571   +        9   +    5,441        5,561
  Service-related                                                  0            0   -    2,513            0
    Required clearing balances                                     0            0   -    2,513            0
    Adjustments to compensate for float                            0            0            0            0
  Other                                                       30,794   +    8,003   -   20,878        5,139
Other liabilities and capital (15)                            70,024   +    2,002   -    1,996       67,044

Total factors, other than reserve balances,
   absorbing reserve funds                                 1,397,848   +    9,072   +   99,737    1,384,051

Reserve balances with Federal Reserve Banks                1,483,095   +   13,530   -  116,913    1,506,249
 
Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.
2. Face value of the securities.
3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed
   securities.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the
   remaining principal balance of the underlying mortgages.
5. Cash value of agreements.
6. Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the Term
   Asset-Backed Securities Loan Facility.
7. Refer to table 4 and the note on consolidation accompanying table 9.
8. Refer to table 5 and the note on consolidation accompanying table 9.
9.  Refer to table 6 and the note on consolidation accompanying table 9.
10. Refer to table 7 and the note on consolidation accompanying table 9.
11. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when
    the foreign currency is returned to the foreign central bank. This exchange rate equals the market
    exchange rate used when the foreign currency was acquired from the foreign central bank.
12. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange
    rates, and the fair value adjustment to credit extended by the FRBNY to eligible borrowers through the
    Term Asset-Backed Securities Loan Facility.
13. Estimated.
14. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt
    securities, and mortgage-backed securities.
15. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to
    entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only
    to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation
    accompanying table 9. Also includes the liability for interest on Federal Reserve notes due to U.S.
    Treasury. Refer to table 8 and table 9.

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.

 
1A. Memorandum Items
Millions of dollars
                                                                Averages of daily figures         Wednesday  
                                                           Week ended   Change from week ended   Oct 17, 2012
Memorandum item                                           Oct 17, 2012 Oct 10, 2012 Oct 19, 2011
 
Marketable securities held in custody for foreign
   official and international accounts (1)                 3,603,298   +   15,903   +  194,539    3,608,908
  U.S. Treasury securities                                 2,905,820   +   22,621   +  219,839    2,912,370
  Federal agency securities (2)                              697,479   -    6,717   -   25,299      696,537
Securities lent to dealers                                     6,463   -    1,046   -    4,844        4,955
  Overnight facility (3)                                       6,463   -    1,046   -    4,844        4,955
    U.S. Treasury securities                                   5,946   -    1,090   -    4,103        4,448
    Federal agency debt securities                               517   +       44   -      741          507
 
Note: Components may not sum to totals because of rounding.

1. Face value of the securities. Includes U.S. Treasury STRIPS and other zero-coupon bonds at face value and
   mortgage-backed securities at original face value.
2. Includes debt and mortgage-backed securities.
3. Fully collateralized by U.S. Treasury securities.

 
2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities,   October 17, 2012
Millions of dollars
                                       Within 15    16 days to   91 days to  Over 1 year  Over 5 years    Over 10        All     
Remaining maturity                        days       90 days       1 year     to 5 years   to 10 years     years    
 
Loans (1)                                     70          377          112          916            0           ...        1,475
U.S. Treasury securities (2)
  Holdings                                     1          484           17      446,394      823,918       388,270    1,659,084
  Weekly changes                      +        1   -        1            0   -    7,788   +    9,820    +    3,315   +    5,347
Federal agency debt securities (3)
  Holdings                                   844        6,684       15,053       53,408        4,410         2,347       82,746
  Weekly changes                               0   +    1,565   -    1,078   -      487            0             0            0
Mortgage-backed securities (4)
  Holdings                                     0            0            4            2        1,464       860,835      862,304
  Weekly changes                               0            0            0            0   +    1,158    +   26,142   +   27,299
Asset-backed securities held by
   TALF LLC (5)                                0            0            0            0            0             0            0
Repurchase agreements (6)                      0            0          ...          ...          ...           ...            0
Central bank liquidity swaps (7)           3,560        9,317            0            0            0             0       12,877

Reverse repurchase agreements (6)        101,307            0          ...          ...          ...           ...      101,307
Term deposits                                  0            0            0          ...          ...           ...            0
 
Note: Components may not sum to totals because of rounding.
. . . Not applicable.

1. Excludes the loans from the Federal Reserve Bank of New York (FRBNY) to Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III
   LLC, and TALF LLC. The loans were eliminated when preparing the FRBNY's statement of condition consistent with consolidation
   under generally accepted accounting principles.
2. Face value. For inflation-indexed securities, includes the original face value and compensation that adjusts for the effect of
   inflation on the original face value of such securities.
3. Face value.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal
   balance of the underlying mortgages.
5. Face value of asset-backed securities held by TALF LLC, which is the remaining principal balance of the underlying assets.
6. Cash value of agreements.
7. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency
   is returned to the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was
   acquired from the foreign central bank.

 
3. Supplemental Information on Mortgage-Backed Securities
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Oct 17, 2012 
 
Mortgage-backed securities held outright (1)                                                                             862,304

Commitments to buy mortgage-backed securities (2)                                                                         83,466
Commitments to sell mortgage-backed securities (2)                                                                           200

Cash and cash equivalents (3)                                                                                                  0
 
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                                                                                                           Oct 17, 2012 
 
Net portfolio holdings of Maiden Lane LLC (1)                                                                              1,554

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)                                133
 
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, 2012. Any assets purchased after this valuation date are initially recorded at cost until their estimated fair
   value as of the purchase date becomes available.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent
   with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.
3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities
   and accrued dividends in table 8 and table 9.

Note: On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC under the authority of
section 13(3) of the Federal Reserve Act. This limited liability company was formed to acquire certain assets of Bear Stearns and to
manage those assets through time to maximize repayment of the credit extended and to minimize disruption to financial markets.
Payments by Maiden Lane LLC from the proceeds of the net portfolio holdings will be made in the following order: operating expenses
of the LLC, principal due to the FRBNY, interest due to the FRBNY, principal due to JPMorgan Chase & Co., and interest due to
JPMorgan Chase & Co. Any remaining funds will be paid to the FRBNY.

 
5. Information on Principal Accounts of Maiden Lane II LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Oct 17, 2012 
 
Net portfolio holdings of Maiden Lane II LLC (1)                                                                              61

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                      0
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                           0
Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc. (3)                        0
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
   be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of
        June 30, 2012. Any assets purchased after this valuation date are initially recorded at cost until their estimated fair
   value as of the purchase date becomes available.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent
   with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.
3. Book value. The deferred payment represents the portion of the proceeds of the net portfolio holdings due to subsidiaries of
   American International Group, Inc. in accordance with the asset purchase agreement. The fair value of this payment and accrued
   interest payable are included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in table
   8 and table 9.

Note: On December 12, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane II LLC under the
authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase residential
mortgage-backed securities from the U.S. securities lending reinvestment portfolio of subsidiaries of American International Group,
Inc. (AIG subsidiaries). Payments by Maiden Lane II LLC from the proceeds of the net portfolio holdings will be made in the
following order: operating expenses of Maiden Lane II LLC, principal due to the FRBNY, interest due to the FRBNY, and deferred
payment and interest due to AIG subsidiaries. Any remaining funds will be shared by the FRBNY and AIG subsidiaries.

 
6. Information on Principal Accounts of Maiden Lane III LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Oct 17, 2012 
 
Net portfolio holdings of Maiden Lane III LLC (1)                                                                             23

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                      0
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                           0
Outstanding principal amount and accrued interest on loan payable to American International Group, Inc. (3)                    0
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
   be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of
        June 30, 2012. Any assets purchased after this valuation date are initially recorded at cost until their estimated fair
   value as of the purchase date becomes available.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent
   with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.
3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities
   and accrued dividends in table 8 and table 9.

Note: On November 25, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane III LLC under the
authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase multi-sector
collateralized debt obligations (CDOs) on which the Financial Products group of American International Group, Inc. (AIG) has written
credit default swap (CDS) contracts. In connection with the purchase of CDOs, the CDS counterparties will concurrently unwind the
related CDS transactions. Payments by Maiden Lane III LLC from the proceeds of the net portfolio holdings will be made in the
following order: operating expenses of Maiden Lane III LLC, principal due to the FRBNY, interest due to the FRBNY, principal due to
AIG, and interest due to AIG. Any remaining funds will be shared by the FRBNY and AIG.

 
7. Information on Principal Accounts of TALF LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Oct 17, 2012 
 
Asset-backed securities holdings (1)                                                                                           0
Other investments, net                                                                                                       853
Net portfolio holdings of TALF LLC                                                                                           853

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                      0
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                           0
Funding provided by U.S. Treasury to TALF LLC, including accrued interest payable (3)                                        112
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
   be conducted in an orderly market on the measurement date.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent
   with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.
3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities
   and accrued dividends in table 8 and table 9.

Note: On November 25, 2008, the Federal Reserve announced the creation of the Term Asset-Backed Securities Loan Facility (TALF)
under the authority of section 13(3) of the Federal Reserve Act. The TALF is a facility under which the Federal Reserve Bank of New
York (FRBNY) extends loans with a term of up to five years to holders of eligible asset-backed securities. The TALF is intended to
assist financial markets in accommodating the credit needs of consumers and businesses by facilitating the issuance of asset-backed
securities collateralized by a variety of consumer and business loans. The loans provided through the TALF to eligible borrowers are
non-recourse, meaning that the obligation of the borrower can be discharged by surrendering the collateral to the FRBNY. The loans
are extended for the market value of the security less an amount known as a haircut. As a result, the borrower bears the initial
risk of a decline in the value of the security.

TALF LLC is a limited liability company formed to purchase and manage any asset-backed securities received by the FRBNY in
connection with the decision of a borrower not to repay a TALF loan. TALF LLC has committed, for a fee, to purchase all asset-backed
securities received by the FRBNY in conjunction with a TALF loan at a price equal to the TALF loan plus accrued but unpaid interest.
Losses on asset-backed securities held by TALF LLC will be offset in the following order: by the commitment fees collected by TALF
LLC, by the interest received on investments of TALF LLC, by up to $1.4 billion in subordinated debt funding provided by the U.S.
Treasury, and finally, by senior debt funding provided by the FRBNY. Payments by TALF LLC from the proceeds of its net portfolio
holdings will be made in the following order: operating expenses of TALF LLC, principal due to the FRBNY, principal due to the U.S.
Treasury, interest due to the FRBNY, and interest due to the U.S. Treasury. Any remaining funds will be shared by the FRBNY and the
U.S. Treasury.

 
8. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
                                                       Eliminations from  Wednesday         Change since       
                                                        consolidation   Oct 17, 2012   Wednesday    Wednesday  
Assets, liabilities, and capital                                                      Oct 10, 2012 Oct 19, 2011
 
Assets
  Gold certificate account                                                  11,037             0            0
  Special drawing rights certificate account                                 5,200             0            0
  Coin                                                                       2,172    -        2   -      111
  Securities, repurchase agreements, and loans                           2,605,609    +   32,562   -   45,646
    Securities held outright (1)                                         2,604,134    +   32,647   -   35,866
      U.S. Treasury securities                                           1,659,084    +    5,347   -   11,172
        Bills (2)                                                                0             0   -   18,423
        Notes and bonds, nominal (2)                                     1,575,696    +    3,837   +    1,156
        Notes and bonds, inflation-indexed (2)                              73,034    +    1,250   +    5,438
        Inflation compensation (3)                                          10,354    +      260   +      656
      Federal agency debt securities (2)                                    82,746             0   -   24,922
      Mortgage-backed securities (4)                                       862,304    +   27,299   +      229
    Repurchase agreements (5)                                                    0             0            0
    Loans                                                                    1,475    -       84   -    9,780
  Net portfolio holdings of Maiden Lane LLC (6)                              1,554    -      178   -   11,566
  Net portfolio holdings of Maiden Lane II LLC (7)                              61             0   -    9,797
  Net portfolio holdings of Maiden Lane III LLC (8)                             23             0   -   20,794
  Net portfolio holdings of TALF LLC (9)                                       853             0   +       68
  Items in process of collection                            (117)              139    -       62   -      123
  Bank premises                                                              2,347    +        2   +      164
  Central bank liquidity swaps (10)                                         12,877    -       74   +   11,024
  Other assets (11)                                                        206,710    +    3,028   +   70,186

Total assets                                                (117)        2,848,582    +   35,276   -    6,595
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

 
8. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
                                                       Eliminations from  Wednesday         Change since       
                                                        consolidation   Oct 17, 2012   Wednesday    Wednesday  
Assets, liabilities, and capital                                                      Oct 10, 2012 Oct 19, 2011
 
Liabilities
  Federal Reserve notes, net of F.R. Bank holdings                       1,093,841    -      947   +   92,688
  Reverse repurchase agreements (12)                                       101,307    +   12,972   +   20,839
  Deposits                                                    (0)        1,585,549    +   23,874   -  115,947
    Term deposits held by depository institutions                                0    -    3,040   -    5,077
    Other deposits held by depository institutions                       1,506,249    +   36,454   -   65,437
    U.S. Treasury, General Account                                          68,600    +   15,148   +      208
    U.S. Treasury, Supplementary Financing Account                               0             0            0
    Foreign official                                                         5,561             0   +    5,423
    Other                                                     (0)            5,139    -   24,689   -   51,064
  Deferred availability cash items                          (117)              841    -      518   -      555
  Other liabilities and accrued dividends (13)                              12,305    -      108   -    6,319

Total liabilities                                           (117)        2,793,843    +   35,273   -    9,293

Capital accounts
  Capital paid in                                                           27,369    +        1   +    1,349
  Surplus                                                                   27,369    +        1   +    1,349
  Other capital accounts                                                         0             0            0

Total capital                                                               54,738    +        3   +    2,698
 
Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.
2. Face value of the securities.
3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed
   securities.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the
   remaining principal balance of the underlying mortgages.
5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
6. Refer to table 4 and the note on consolidation accompanying table 9.
7. Refer to table 5 and the note on consolidation accompanying table 9.
8. Refer to table 6 and the note on consolidation accompanying table 9.
9.  Refer to table 7 and the note on consolidation accompanying table 9.
10. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when
    the foreign currency is returned to the foreign central bank. This exchange rate equals the market exchange
    rate used when the foreign currency was acquired from the foreign central bank.
11. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates
    and the fair value adjustment to credit extended by the Federal Reserve Bank of New York (FRBNY) to
    eligible borrowers through the Term Asset-Backed Securities Loan Facility.
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt
    securities, and mortgage-backed securities.
13. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to
    entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only to
    the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation
    accompanying table 9. Also includes the liability for interest on Federal Reserve notes due to U.S.
    Treasury.


 
9. Statement of Condition of Each Federal Reserve Bank,   October 17, 2012
Millions of dollars
                                               Total      Boston     New York   Philadelphia Cleveland   Richmond     Atlanta     Chicago    St. Louis  Minneapolis   Kansas      Dallas        San    
Assets, liabilities, and capital                                                                                                                                       City                  Francisco 
 
Assets
  Gold certificate account                      11,037         408       3,824         437         515         890       1,337         839         313         192         315         725       1,242
  Special drawing rights certificate acct.       5,200         196       1,818         210         237         412         654         424         150          90         153         282         574
  Coin                                           2,172          52         107         148         148         385         204         316          34          52         163         205         357
  Securities, repurchase agreements,
     and loans                               2,605,609      63,250   1,461,441      86,087      66,209     185,340     157,023     144,468      40,715      23,695      52,325     101,193     223,863
    Securities held outright (1)             2,604,134      63,250   1,460,019      86,087      66,208     185,340     157,011     144,466      40,713      23,674      52,318     101,184     223,863
      U.S. Treasury securities               1,659,084      40,296     930,173      54,846      42,181     118,079     100,031      92,039      25,938      15,083      33,332      64,464     142,622
        Bills (2)                                    0           0           0           0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                  1,659,084      40,296     930,173      54,846      42,181     118,079     100,031      92,039      25,938      15,083      33,332      64,464     142,622
      Federal agency debt securities (2)        82,746       2,010      46,392       2,735       2,104       5,889       4,989       4,590       1,294         752       1,662       3,215       7,113
      Mortgage-backed securities (4)           862,304      20,944     483,455      28,506      21,924      61,371      51,991      47,837      13,481       7,839      17,324      33,505      74,128
    Repurchase agreements (5)                        0           0           0           0           0           0           0           0           0           0           0           0           0
    Loans                                        1,475           0       1,421           0           1           0          12           2           2          21           7           8           0
  Net portfolio holdings of Maiden
     Lane LLC (6)                                1,554           0       1,554           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane II LLC (7)                                61           0          61           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane III LLC (8)                               23           0          23           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (9)           853           0         853           0           0           0           0           0           0           0           0           0           0
  Items in process of collection                   256           2           0          55          24           6         123           8           4           4           2           6          24
  Bank premises                                  2,347         121         455          68         122         229         214         203         130         104         254         240         210
  Central bank liquidity swaps (10)             12,877         451       4,154       1,117         952       2,664         736         344         105          53         128         206       1,967
  Other assets (11)                            206,710       5,331     109,309       8,239       6,525      18,384      12,413      10,709       3,077       1,801       3,909       7,516      19,496
  Interdistrict settlement account                   0   +   2,467   -  63,016   -  14,874   +   3,334   -  31,271   +  33,390   -   3,765   +   2,100   +   2,780   -   2,502   +   1,436   +  69,922

Total assets                                 2,848,699      72,278   1,520,582      81,487      78,066     177,039     206,094     153,545      46,629      28,769      54,747     111,808     317,654
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

 
9. Statement of Condition of Each Federal Reserve Bank,   October 17, 2012 (continued)
Millions of dollars
                                               Total      Boston     New York   Philadelphia Cleveland   Richmond     Atlanta     Chicago    St. Louis  Minneapolis   Kansas      Dallas        San    
Assets, liabilities, and capital                                                                                                                                       City                  Francisco 
 
Liabilities
  Federal Reserve notes outstanding          1,316,110      46,527     461,160      47,849      61,064     102,069     177,423      94,521      37,405      22,503      36,213      88,547     140,829
    Less: Notes held by F.R. Banks             222,269       5,332      84,879       5,721       8,553      12,779      27,680      13,658       4,474       3,447       4,729      24,299      26,719
      Federal Reserve notes, net             1,093,841      41,195     376,281      42,128      52,511      89,290     149,743      80,863      32,931      19,056      31,484      64,248     114,110
  Reverse repurchase agreements (12)           101,307       2,461      56,798       3,349       2,576       7,210       6,108       5,620       1,584         921       2,035       3,936       8,709
  Deposits                                   1,585,549      25,616   1,062,984      31,306      18,317      68,401      46,270      64,881      11,408       8,250      20,401      42,233     185,482
    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                          1,506,249      25,609     983,970      31,276      18,314      68,206      46,260      64,859      11,408       8,250      20,400      42,224     185,474
    U.S. Treasury, General Account              68,600           0      68,600           0           0           0           0           0           0           0           0           0           0
    U.S. Treasury, Supplementary
       Financing Account                             0           0           0           0           0           0           0           0           0           0           0           0           0
    Foreign official                             5,561           1       5,534           3           3           8           2           1           0           0           0           1           6
    Other                                        5,139           6       4,880          27           0         187           8          21           0           0           1           8           1
  Deferred availability cash items                 958          31           0          92          47          21         225          25          27         144          33          80         234
  Interest on Federal Reserve notes due
     to U.S. Treasury (13)                       1,558          32         871          57          41         118         100          83          24          13          28          59         130
  Other liabilities and accrued
     dividends (14)                             10,747         271       6,188         348         319         833         573         522         203         157         213         375         743

Total liabilities                            2,793,960      69,605   1,503,122      77,281      73,812     165,874     203,020     151,994      46,177      28,540      54,196     110,932     309,407

Capital
  Capital paid in                               27,369       1,336       8,730       2,103       2,127       5,583       1,537         775         226         114         276         438       4,123
  Surplus                                       27,369       1,336       8,730       2,103       2,127       5,583       1,537         775         226         114         276         438       4,123
  Other capital                                      0           0           0           0           0           0           0           0           0           0           0           0           0

Total liabilities and capital                2,848,699      72,278   1,520,582      81,487      78,066     177,039     206,094     153,545      46,629      28,769      54,747     111,808     317,654
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

9. Statement of Condition of Each Federal Reserve Bank,   October 17, 2012 (continued)
1. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.
2. Face value of the securities.
3. Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such securities.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the underlying mortgages.
5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
6. Refer to table 4 and the note on consolidation below.
7. Refer to table 5 and the note on consolidation below.
8. Refer to table 6 and the note on consolidation below.
9.  Refer to table 7 and the note on consolidation below.
10. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals
    the market exchange rate used when the foreign currency was acquired from the foreign central bank.
11. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates and the fair value adjustment to credit extended by the Federal Reserve Bank of New York
    (FRBNY) to eligible	borrowers through the Term Asset-Backed Securities Loan Facility.
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.
13. Represents the estimated weekly remittances to U.S Treasury as interest on Federal Reserve notes or, in those cases where the Reserve Bank's net earnings are not sufficient to equate surplus to
    capital paid-in, the deferred asset for interest on Federal Reserve notes. The amount of any deferred asset, which is presented as a negative amount in this line, represents the amount of the
    Federal Reserve Bank's earnings that must be retained before remittances to the U.S. Treasury resume. The amounts on this line are calculated in accordance with Board of Governors policy, which
    requires the Federal Reserve Banks to remit residual earnings to the U.S. Treasury as interest on Federal Reserve notes after providing for the costs of operations, payment of dividends, and the
    amount necessary to equate surplus with capital paid-in.
14. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to entities other than the Federal Reserve Bank of New York, including liabilities that have
    recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation below.


Note on consolidation:

The Federal Reserve Bank of New York (FRBNY) has extended loans to several limited liability companies under the authority of section 13(3) of the Federal Reserve Act. On June 26, 2008, a loan was
extended to Maiden Lane LLC, which was formed to acquire certain assets of Bear Stearns. On November 25, 2008, a loan was extended to Maiden Lane III LLC, which was formed to purchase multi-sector
collateralized debt obligations on which the Financial Products group of the American International Group, Inc. has written credit default swap contracts. On December 12, 2008, a loan was extended to
Maiden Lane II LLC, which was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment portfolio of subsidiaries of American International Group, Inc.
On November 25, 2008, the Federal Reserve Board authorized the FRBNY to extend credit to TALF LLC, which was formed to purchase and manage any asset-backed securities received by the FRBNY in
connection with the decision of a borrower not to repay a loan extended under the Term Asset-Backed Securities Loan Facility.

The FRBNY is the primary beneficiary of TALF LLC, because of the two beneficiaries of the LLC, the FRBNY and the U.S. Treasury, the FRBNY is primarily responsible for directing the financial
activities of TALF LLC. The FRBNY is the primary beneficiary of the other LLCs cited above because it will receive a majority of any residual returns of the LLCs and absorb a majority of any residual
losses of the LLCs. Consistent with generally accepted accounting principles, the assets and liabilities of these LLCs have been consolidated with the assets and liabilities of the FRBNY in the
preparation of the statements of condition shown on this release. As a consequence of the consolidation, the extensions of credit from the FRBNY to the LLCs are eliminated, the net assets of the LLCs
appear as assets on the previous page (and in table 1 and table 8), and the liabilities of the LLCs to entities other than the FRBNY, including those with recourse only to the portfolio holdings of
the LLCs, are included in other liabilities in this table (and table 1 and table 8).

 
10. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
                                                                                            Wednesday   
Federal Reserve notes and collateral                                                       Oct 17, 2012 
 
Federal Reserve notes outstanding                                                          1,316,110
  Less: Notes held by F.R. Banks not subject to collateralization                            222,269
    Federal Reserve notes to be collateralized                                             1,093,841
Collateral held against Federal Reserve notes                                              1,093,841
  Gold certificate account                                                                    11,037
  Special drawing rights certificate account                                                   5,200
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                 1,077,604
  Other assets pledged                                                                             0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                     2,604,134
  Less: Face value of securities under reverse repurchase agreements                          86,860
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged      2,517,275
 
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.