FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and

Condition Statement of Federal Reserve Banks June 7, 2012

1. Factors Affecting Reserve Balances of Depository Institutions

Millions of dollars

Averages of daily figures Wednesday

 Jun 6, 2012 Week ended

 Jun 6, 2012

Change from week ended

May 30, 2012 Jun 8, 2011

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Reserve Bank credit 2,830,942 - 3,708 + 46,647 2,834,732

Securities held outright1 2,606,392 - 4,295 + 24,739 2,609,303

U.S. Treasury securities 1,661,386 - 2,391 + 116,681 1,664,292

Bills2 18,423 0 0 18,423

Notes and bonds, nominal2 1,565,609 - 2,477 + 109,610 1,568,495

Notes and bonds, inflation-indexed2 67,654 0 + 5,519 67,654

Inflation compensation3 9,700 + 85 + 1,553 9,720

Federal agency debt securities2 93,252 0 - 25,841 93,252

Mortgage-backed securities4 851,754 - 1,903 - 66,102 851,759

Repurchase agreements5 0 0 0 0

Loans 5,469 - 193 - 8,017 5,471

Primary credit 11 - 8 - 26 10

Secondary credit 0 0 0 0

Seasonal credit 35 + 4 0 39

Term Asset-Backed Securities Loan Facility6 5,424 - 188 - 7,991 5,421

Other credit extensions 0 0 0 0

Net portfolio holdings of Maiden Lane LLC7 3,879 + 7 - 20,661 3,883

Net portfolio holdings of Maiden Lane II LLC8 19 0 - 12,511 19

Net portfolio holdings of Maiden Lane III LLC9 15,263 + 96 - 9,138 15,297

Net portfolio holdings of TALF LLC10 841 0 + 95 841

Float -776 - 123 + 429 -947

Central bank liquidity swaps11 22,282 + 114 + 22,282 22,268

Other Federal Reserve assets12 177,573 + 686 + 49,429 178,598

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding13 44,515 + 14 + 592 44,515

Total factors supplying reserve funds 2,891,698 - 3,694 + 47,239 2,895,488

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

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

Millions of dollars

Averages of daily figures Wednesday

 Jun 6, 2012 Week ended

 Jun 6, 2012

Change from week ended

May 30, 2012 Jun 8, 2011

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Currency in circulation13 1,109,333 + 783 + 85,162 1,110,066

Reverse repurchase agreements14 92,629 + 2,309 + 30,841 88,861

Foreign official and international accounts 92,629 + 2,309 + 30,841 88,861

Others 0 0 0 0

Treasury cash holdings 146 + 4 + 13 142

Deposits with F.R. Banks, other than reserve balances 86,647 - 11,093 + 33,961 76,685

Term deposits held by depository institutions 3,053 0 - 2,034 3,053

U.S. Treasury, General Account 60,763 - 7,041 + 22,575 54,040

U.S. Treasury, Supplementary Financing Account 0 0 - 5,000 0

Foreign official 131 + 1 + 5 129

Service-related 1,901 - 2 - 640 1,901

Required clearing balances 1,901 - 2 - 640 1,901

Adjustments to compensate for float 0 0 0 0

Other 20,798 - 4,053 + 19,054 17,561

Other liabilities and capital15 75,428 - 97 + 717 74,812

Total factors, other than reserve balances,

absorbing reserve funds 1,364,184 - 8,093 + 150,695 1,350,566

Reserve balances with Federal Reserve Banks 1,527,514 + 4,399 - 103,456 1,544,921

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.
H.4.1

1A. Memorandum Items

Millions of dollars

Averages of daily figures Wednesday

 Jun 6, 2012 Week ended

 Jun 6, 2012

Change from week ended

May 30, 2012 Jun 8, 2011

Memorandum item

Marketable securities held in custody for foreign

official and international accounts1 3,517,617 + 11,665 + 74,496 3,517,403

U.S. Treasury securities 2,799,144 + 14,030 + 100,309 2,798,026

Federal agency securities2 718,473 - 2,365 - 25,812 719,377

Securities lent to dealers 15,076 - 2,178 - 1,544 13,772

Overnight facility3 15,076 - 2,178 - 1,544 13,772

U.S. Treasury securities 14,447 - 2,274 - 1,264 13,243

Federal agency debt securities 629 + 96 - 280 529

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, June 6, 2012

Millions of dollars

Within 15

days

16 days to

90 days

91 days to

1 year

Over 1 year

to 5 years

Over 5 years

to 10 years

Over 10

years

Remaining maturity All

Loans1 45 1,138 2,488 1,800 0 ... 5,471

U.S. Treasury securities2

Holdings 17,145 20,544 26,295 544,049 738,207 318,053 1,664,292

Weekly changes + 1,139 + 2,416 - 10,312 - 1,855 + 14,357 + 1,873 + 7,617

Federal agency debt securities3

Holdings 1,768 4,274 16,320 62,056 6,487 2,347 93,252

Weekly changes + 1,768 - 1,768 0 0 0 0 0

Mortgage-backed securities4

Holdings 0 0 2 7 105 851,644 851,759

Weekly changes 0 0 0 0 + 2 + 7 + 9

Asset-backed securities held by

TALF LLC5 0 0 0 0 0 0 0

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

Central bank liquidity swaps7 6,750 15,517 0 0 0 0 22,268

Reverse repurchase agreements6 88,861 0 ... ... ... ... 88,861

Term deposits 3,053 0 0 ... ... ... 3,053

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

. . . Not applicable.

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

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

under generally accepted accounting principles.

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

original face value of such securities.

3. Face value.

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

underlying mortgages.

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

6. Cash value of agreements.

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

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

central bank.
H.4.1

3. Supplemental Information on Mortgage-Backed Securities

Millions of dollars

Wednesday

 Jun 6, 2012 Account name

Mortgage-backed securities held outright1 851,759

Commitments to buy mortgage-backed securities2 39,774

Commitments to sell mortgage-backed securities2 0

Cash and cash equivalents3 46

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

 Jun 6, 2012 Account name

Net portfolio holdings of Maiden Lane LLC1 3,883

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 366

Accrued interest payable to the Federal Reserve Bank of New York2 765

Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co.3 1,417

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, 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

 Jun 6, 2012 Account name

Net portfolio holdings of Maiden Lane II LLC1 19

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

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

Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc.3 0

1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to be conducted in an

orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of March 31, 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.
H.4.1

6. Information on Principal Accounts of Maiden Lane III LLC

Millions of dollars

Wednesday

 Jun 6, 2012 Account name

Net portfolio holdings of Maiden Lane III LLC1 15,297

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 2,768

Accrued interest payable to the Federal Reserve Bank of New York2 736

Outstanding principal amount and accrued interest on loan payable to American International Group, Inc.3 5,620

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, 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

 Jun 6, 2012 Account name

Asset-backed securities holdings1 0

Other investments, net 841

Net portfolio holdings of TALF LLC 841

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

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

Funding provided by U.S. Treasury to TALF LLC, including accrued interest payable3 111

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 $4.3 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.
H.4.1

8. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Eliminations from

consolidation

Wednesday

 Jun 6, 2012

Change since

Wednesday

May 30, 2012

Wednesday

 Jun 8, 2011

Assets, liabilities, and capital

Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 5,200 0 0

Coin 2,135 - 7 + 25

Securities, repurchase agreements, and loans 2,614,774 + 7,588 + 9,804

Securities held outright1 2,609,303 + 7,627 + 17,695

U.S. Treasury securities 1,664,292 + 7,617 + 109,632

Bills2 18,423 0 0

Notes and bonds, nominal2 1,568,495 + 7,552 + 103,961

Notes and bonds, inflation-indexed2 67,654 0 + 4,284

Inflation compensation3 9,720 + 65 + 1,386

Federal agency debt securities2 93,252 0 - 25,841

Mortgage-backed securities4 851,759 + 9 - 66,097

Repurchase agreements5 0 0 0

Loans 5,471 - 38 - 7,891

Net portfolio holdings of Maiden Lane LLC6 3,883 + 5 - 20,710

Net portfolio holdings of Maiden Lane II LLC7 19 0 - 12,512

Net portfolio holdings of Maiden Lane III LLC8 15,297 + 40 - 9,192

Net portfolio holdings of TALF LLC9 841 0 + 95

Items in process of collection (65) 197 - 45 - 22

Bank premises 2,361 - 8 + 155

Central bank liquidity swaps10 22,268 + 100 + 22,268

Other assets11 176,275 + 1,674 + 49,096

Total assets (65) 2,854,286 + 9,346 + 39,006

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

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

Millions of dollars

Eliminations from

consolidation

Wednesday

 Jun 6, 2012

Change since

Wednesday

May 30, 2012

Wednesday

 Jun 8, 2011

Assets, liabilities, and capital

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 1,067,825 - 325 + 84,732

Reverse repurchase agreements12 88,861 - 4,665 + 29,094

Deposits (0) 1,621,645 + 14,328 - 75,370

Term deposits held by depository institutions 3,053 0 - 2,034

Other deposits held by depository institutions 1,546,861 + 20,773 - 116,103

U.S. Treasury, General Account 54,040 - 13,555 + 30,544

U.S. Treasury, Supplementary Financing Account 0 0 - 5,000

Foreign official 129 - 6 + 3

Other (0) 17,561 + 7,115 + 17,218

Deferred availability cash items (65) 1,144 - 190 - 460

Other liabilities and accrued dividends13 20,113 + 158 - 999

Total liabilities (65) 2,799,587 + 9,304 + 36,996

Capital accounts

Capital paid in 27,350 + 21 + 1,006

Surplus 27,350 + 21 + 1,006

Other capital accounts 0 0 0

Total capital 54,699 + 42 + 2,010

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.
H.4.1

9. Statement of Condition of Each Federal Reserve Bank, June 6, 2012Millions of dollars

Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minn

Assets, liabilities, and capital

Assets

Gold certificate account 11,037 408 3,824 437 515 890 1,337 839 313 Special drawing rights certificate acct. 5,200 196 1,818 210 237 412 654 424 150 Coin 2,135 43 98 150 147 384 196 312 33 Securities, repurchase agreements,

and loans 2,614,774 63,378 1,468,343 86,258 66,340 185,708 157,324 144,758 40,797 

Securities held outright1 2,609,303 63,375 1,462,917 86,258 66,340 185,708 157,323 144,753 40,794 

U.S. Treasury securities 1,664,292 40,423 933,093 55,018 42,314 118,450 100,345 92,328 26,020 

Bills2 18,423 447 10,329 609 468 1,311 1,111 1,022 288 Notes and bonds3 1,645,870 39,975 922,764 54,409 41,845 117,139 99,235 91,306 25,732 

Federal agency debt securities2 93,252 2,265 52,282 3,083 2,371 6,637 5,622 5,173 1,458 

Mortgage-backed securities4 851,759 20,688 477,542 28,157 21,655 60,621 51,355 47,252 13,316 

Repurchase agreements5 0 0 0 0 0 0 0 0 0 Loans 5,471 3 5,425 0 0 0 1 5 3 

Net portfolio holdings of Maiden

Lane LLC6 3,883 0 3,883 0 0 0 0 0 0 

Net portfolio holdings of Maiden

Lane II LLC7 19 0 19 0 0 0 0 0 0 

Net portfolio holdings of Maiden

Lane III LLC8 15,297 0 15,297 0 0 0 0 0 0 

Net portfolio holdings of TALF LLC9 841 0 841 0 0 0 0 0 0 

Items in process of collection 262 5 -96 56 27 4 56 106 7 Bank premises 2,361 121 460 66 123 229 213 203 132 Central bank liquidity swaps10 22,268 781 7,183 1,931 1,646 4,606 1,273 594 182 Other assets11 176,275 4,576 92,382 7,303 5,711 16,115 10,592 9,042 2,596 Interdistrict settlement account 0 + 9,258 - 46,288 - 15,596 + 882 + 23,917 + 7,197 - 2,356 + 3,070 + 

Total assets 2,854,351 78,766 1,547,762 80,816 75,628 232,264 178,842 153,921 47,280 

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

9. Statement of Condition of Each Federal Reserve Bank, June 6, 2012 (continued)Millions of dollars

Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minn

Assets, liabilities, and capital

Liabilities

Federal Reserve notes outstanding 1,248,534 46,858 433,883 47,798 61,410 101,688 153,136 94,872 37,049 

Less: Notes held by F.R. Banks 180,709 4,838 66,333 5,267 7,556 11,577 26,113 12,453 4,167 

Federal Reserve notes, net 1,067,825 42,020 367,550 42,531 53,854 90,112 127,023 82,418 32,882 

Reverse repurchase agreements12 88,861 2,158 49,820 2,938 2,259 6,324 5,358 4,930 1,389 

Deposits 1,621,645 31,646 1,097,261 30,443 14,902 124,054 42,663 64,447 12,270 

Term deposits held by depository

institutions 3,053 10 2,255 600 0 95 5 8 0 

Other deposits held by depository

institutions 1,546,861 31,632 1,023,469 29,833 14,899 123,827 42,654 64,413 12,269 

U.S. Treasury, General Account 54,040 0 54,040 0 0 0 0 0 0 U.S. Treasury, Supplementary

Financing Account 0 0 0 0 0 0 0 0 0 

Foreign official 129 1 102 3 3 8 2 1 0 Other 17,561 3 17,394 7 0 124 1 25 0 

Deferred availability cash items 1,209 43 0 114 49 28 155 27 100 Interest on Federal Reserve notes due

to U.S. Treasury13 1,678 34 974 56 43 127 93 90 22 

Other liabilities and accrued

dividends14 18,435 222 14,741 296 279 700 459 402 170 

Total liabilities 2,799,652 76,122 1,530,346 76,378 71,387 221,346 175,751 152,315 46,834 Capital

Capital paid in 27,350 1,322 8,708 2,219 2,121 5,459 1,546 803 223 Surplus 27,350 1,322 8,708 2,219 2,121 5,459 1,546 803 223 Other capital 0 0 0 0 0 0 0 0 0 

Total liabilities and capital 2,854,351 78,766 1,547,762 80,816 75,628 232,264 178,842 153,921 47,280 

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

9. Statement of Condition of Each Federal Reserve Bank, June 6, 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 securitie4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the underlying mort5. 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 centr

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 

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 

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 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 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 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 Y

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 Resewas 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 multi-sector collateralized debt obligations on which the Financial Products group of the American International Group, Inc. has written credit default swap contractwas extended to Maiden Lane II LLC, which was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment portfolio 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 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 FacilitThe 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 respoTALF 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 Consistent with generally accepted accounting principles, the assets and liabilities of these LLCs have been consolidated with the assets and liabilities of the FRBNcondition 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 (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 LLCsin this table (and table 1 and table 8).
H.4.1

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

Millions of dollars

Wednesday

 Jun 6, 2012 Federal Reserve notes and collateral

Federal Reserve notes outstanding 1,248,534

Less: Notes held by F.R. Banks not subject to collateralization 180,709

Federal Reserve notes to be collateralized 1,067,825

Collateral held against Federal Reserve notes 1,067,825

Gold certificate account 11,037

Special drawing rights certificate account 5,200

U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 1,051,588

Other assets pledged 0

Memo:

Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 2,609,303

Less: Face value of securities under reverse repurchase agreements 75,932

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 2,533,371

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.