FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                                September 3, 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   Sep 2, 2015 
Federal Reserve Banks                                      Sep 2, 2015 Aug 26, 2015  Sep 3, 2014              

Reserve Bank credit                                         4,437,442   -    9,294   +   63,935    4,437,289  
  Securities held outright (1)                              4,233,666   -    9,031   +   76,804    4,233,718  
    U.S. Treasury securities                                2,461,928   +       86   +   24,942    2,461,941  
      Bills (2)                                                     0            0            0            0  
      Notes and bonds, nominal (2)                          2,346,640   -        1   +   23,950    2,346,640  
      Notes and bonds, inflation-indexed (2)                   98,534            0   +      779       98,534  
      Inflation compensation (3)                               16,753   +       85   +      212       16,767  
    Federal agency debt securities (2)                         35,093            0   -    6,469       35,093  
    Mortgage-backed securities (4)                          1,736,645   -    9,116   +   58,332    1,736,684  
  Unamortized premiums on securities held outright (5)        195,079   -      646   -   14,103      194,945  
  Unamortized discounts on securities held outright (5)       -17,246   +       37   +    1,439      -17,235  
  Repurchase agreements (6)                                         0            0            0            0  
  Loans                                                           247   -        5   -       52          247  
    Primary credit                                                  5   -        6   -       23            8  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                               242   +        1   +        4          239  
    Term Asset-Backed Securities Loan Facility (7)                  0            0   -       34            0  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (8)                 1,699   -        2   +       34        1,703  
  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   -       44            0  
  Float                                                           150   +       94   +      756          -13  
  Central bank liquidity swaps (11)                               137   +        3   +       61          137  
  Other Federal Reserve assets (12)                            23,709   +      255   -      876       23,787  
Foreign currency denominated assets (13)                       19,985   -      161   -    3,301       20,145  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (14)                             47,065   +       14   +      961       47,065  
                                                                                                              
Total factors supplying reserve funds                       4,520,733   -    9,441   +   61,595    4,520,739  

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   Sep 2, 2015 
Federal Reserve Banks                                      Sep 2, 2015 Aug 26, 2015  Sep 3, 2014              

Currency in circulation (14)                                 1,379,114   +    3,312   +   86,189    1,382,317 
Reverse repurchase agreements (15)                             251,202   +    1,898   -   14,564      231,901 
  Foreign official and international accounts                  165,951   +      364   +   63,427      161,571 
  Others                                                        85,251   +    1,534   -   77,990       70,330 
Treasury cash holdings                                             156   -        4   -        5          161 
Deposits with F.R. Banks, other than reserve balances          142,191   -   14,135   +   83,306      146,514 
  Term deposits held by depository institutions                      0            0            0            0 
  U.S. Treasury, General Account                               120,354   -    8,227   +   77,486      122,263 
  Foreign official                                               5,248   -        2   -    1,318        5,244 
  Other (16)                                                    16,589   -    5,907   +    7,139       19,007 
Other liabilities and capital (17)                              66,067   -      259   +    2,075       65,030 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  1,838,730   -    9,188   +  157,001    1,825,923 
                                                                                                              
Reserve balances with Federal Reserve Banks                  2,682,003   -      253   -   95,406    2,694,817 

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   Sep 2, 2015 
                                                           Sep 2, 2015 Aug 26, 2015  Sep 3, 2014              

Securities held in custody for foreign official and       
     international accounts                                  3,346,627   +    4,860   +    7,901    3,331,522 
  Marketable U.S. Treasury securities (1)                    3,016,891   +    4,966   +    5,872    3,001,386 
  Federal agency debt and mortgage-backed securities (2)       285,039   -      620   -      738      285,364 
  Other securities (3)                                          44,697   +      514   +    2,767       44,772 
Securities lent to dealers                                      10,804   -      413   +    1,783       11,033 
  Overnight facility (4)                                        10,804   -      413   +    1,783       11,033 
    U.S. Treasury securities                                    10,757   -      410   +    2,618       10,983 
    Federal agency debt securities                                  47   -        3   -      835           50 

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, September 2, 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                                           46           201             0             0             0           ...           247 
U.S. Treasury securities (1)                                                                                                           
  Holdings                                       0           327       166,961     1,133,905       522,712       638,036     2,461,941 
  Weekly changes                                 0             0    +    6,978    -    4,106    -    2,850    +       43    +       65 
Federal agency debt securities (2)                                                                                                     
  Holdings                                       0         2,149        10,452        20,145             0         2,347        35,093 
  Weekly changes                                 0             0             0             0             0             0             0 
Mortgage-backed securities (3)                                                                                                         
  Holdings                                       0             0             0           100         9,229     1,727,355     1,736,684 
  Weekly changes                                 0             0             0             0             0    +       72    +       72 
Repurchase agreements (4)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (5)               137             0             0             0             0             0           137 
                                                                                                                                       
Reverse repurchase agreements (4)          231,901             0           ...           ...           ...           ...       231,901 
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   
                                                                                                                       Sep 2, 2015  

Mortgage-backed securities held outright (1)                                                                             1,736,684  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                           35,577  
Commitments to sell mortgage-backed securities (2)                                                                               0  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                   32  



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   
                                                                                                                       Sep 2, 2015  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,703  
                                                                                                                                    
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 June 30, 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        Sep 2, 2015   Wednesday    Wednesday  
                                                        consolidation                Aug 26, 2015  Sep 3, 2014 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,893   -       17   -       29  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     4,411,675   -      205   +   64,083  
    Securities held outright (1)                                          4,233,718   +      137   +   76,854  
      U.S. Treasury securities                                            2,461,941   +       65   +   24,955  
        Bills (2)                                                                 0            0            0  
        Notes and bonds, nominal (2)                                      2,346,640   -        1   +   23,950  
        Notes and bonds, inflation-indexed (2)                               98,534            0   +      779  
        Inflation compensation (3)                                           16,767   +       66   +      226  
      Federal agency debt securities (2)                                     35,093            0   -    6,469  
      Mortgage-backed securities (4)                                      1,736,684   +       72   +   58,368  
    Unamortized premiums on securities held outright  
    (5)                                                                     194,945   -      368   -   14,094  
    Unamortized discounts on securities held outright 
    (5)                                                                     -17,235   +       32   +    1,438  
    Repurchase agreements (6)                                                     0            0            0  
    Loans                                                                       247   -        6   -      115  
  Net portfolio holdings of Maiden Lane LLC (7)                               1,703   +        4   +       39  
  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   -       44  
  Items in process of collection                                   (0)          309   +       19   +      193  
  Bank premises                                                               2,233   -        4   -       22  
  Central bank liquidity swaps (10)                                             137   +        3   +       61  
  Foreign currency denominated assets (11)                                   20,145   -      141   -    3,060  
  Other assets (12)                                                          21,554   +    1,122   -      837  
                                                                                                               
Total assets                                                       (0)    4,475,886   +      781   +   60,299  

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        Sep 2, 2015   Wednesday    Wednesday  
                                                        consolidation                Aug 26, 2015  Sep 3, 2014 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,337,302   +    4,095   +   87,236 
  Reverse repurchase agreements (13)                                         231,901   +       25   -   18,405 
  Deposits                                                          (0)    2,841,330   -    3,075   -    9,354 
    Term deposits held by depository institutions                                  0            0            0 
    Other deposits held by depository institutions                         2,694,817   -   10,346   -  118,936 
    U.S. Treasury, General Account                                           122,263   +    3,116   +  101,227 
    Foreign official                                                           5,244            0   -    1,323 
    Other (14)                                                      (0)       19,007   +    4,155   +    9,679 
  Deferred availability cash items                                  (0)          322   -       75   -      881 
  Other liabilities and accrued dividends (15)                                 6,739   -      186   -      253 
                                                                                                               
Total liabilities                                                   (0)    4,417,595   +      784   +   58,345 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             29,145   -        2   +      977 
  Surplus                                                                     29,145   -        2   +      977 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 58,291   -        3   +    1,954 

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, September 2, 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                                             1,893          48          64          132         133         301         194         275          32          43         150         199         323
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans                                 4,411,675     111,827   2,648,233      109,722     106,061     239,600     248,444     163,915      46,068      26,950      57,315     142,117     511,421
    Securities held outright (1)               4,233,718     107,323   2,541,552      105,300     101,789     229,948     238,409     157,301      44,151      25,748      54,998     136,382     490,817
      U.S. Treasury securities                 2,461,941      62,409   1,477,933       61,233      59,191     133,717     138,637      91,472      25,674      14,973      31,982      79,307     285,414
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    2,461,941      62,409   1,477,933       61,233      59,191     133,717     138,637      91,472      25,674      14,973      31,982      79,307     285,414
      Federal agency debt securities (2)          35,093         890      21,067          873         844       1,906       1,976       1,304         366         213         456       1,130       4,068
      Mortgage-backed securities (4)           1,736,684      44,024   1,042,552       43,194      41,754      94,326      97,796      64,526      18,111      10,562      22,560      55,944     201,335
    Unamortized premiums on securities held 
      outright (5)                               194,945       4,942     117,028        4,849       4,687      10,588      10,978       7,243       2,033       1,186       2,532       6,280      22,600
    Unamortized discounts on securities     
      held outright (5)                          -17,235        -437     -10,346         -429        -414        -936        -971        -640        -180        -105        -224        -555      -1,998
    Repurchase agreements (6)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                            247           0           0            3           0           0          27          11          63         121           9          10           3
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (7)                                  1,703           0       1,703            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                     309           0           0            0           0           0         309           0           0           0           0           0           0
  Bank premises                                    2,233         126         436           73         107         215         208         204         118          93         238         220         196
  Central bank liquidity swaps (10)                  137           6          44            8          11          31           8           4           1           1           1           2          20
  Foreign currency denominated                                                                                                                                                                           
     assets (11)                                  20,145         910       6,549        1,121       1,564       4,604       1,141         539         187          84         211         289       2,946
  Other assets (12)                               21,554         578      12,401          540         526       1,321       1,229         817         447         161         315         716       2,502
  Interdistrict settlement account                     0  -   15,358  -  112,475   +   10,231  +   30,521  +   43,031  -    7,446  +   12,972  +   10,259  +    5,053  +    2,787  +    9,934  +   10,492
                                                                                                                                                                                                         
Total assets                                   4,475,886      98,681   2,562,482      122,378     139,664     290,298     246,340     179,884      57,560      32,646      61,458     154,651     529,844

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, September 2, 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            1,518,615      48,737     496,411      49,916      82,568     104,702     210,399     105,521      52,271      26,620      41,297     117,070     183,102
    Less: Notes held by F.R. Banks               181,313       6,197      57,783       6,498       9,869      11,955      23,646      11,662       5,155       3,020       4,772      14,627      26,128
      Federal Reserve notes, net               1,337,302      42,540     438,627      43,418      72,699      92,747     186,753      93,859      47,115      23,600      36,525     102,444     156,974
  Reverse repurchase agreements (13)             231,901       5,879     139,213       5,768       5,575      12,595      13,059       8,616       2,418       1,410       3,013       7,470      26,884
  Deposits                                     2,841,330      47,464   1,961,942      69,730      56,673     171,265      42,580      75,509       7,305       7,120      21,160      43,622     336,962
    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                           2,694,817      47,456   1,822,355      69,727      56,670     171,071      42,570      68,847       7,269       7,120      21,158      43,620     336,954
    U.S. Treasury, General Account               122,263           0     122,263           0           0           0           0           0           0           0           0           0           0
    Foreign official                               5,244           2       5,217           2           3           9           2           1           0           0           0           1           6
    Other (14)                                    19,007           6      12,107           0           0         185           7       6,661          35           0           1           1           2
  Deferred availability cash items                   322           0           0           0           0           0         206           0           0         117           0           0           0
  Interest on Federal Reserve notes due     
     to U.S. Treasury (15)                         1,844          39       1,151          36          27          21         120          72          29          15          22          71         242
  Other liabilities and accrued             
     dividends                                     4,895         155       2,347         190         205         515         320         248         126         134         119         179         356
                                                                                                                                                                                                        
Total liabilities                              4,417,595      96,077   2,543,280     119,141     135,180     277,144     243,037     178,304      56,994      32,396      60,838     153,787     521,418
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 29,145       1,302       9,601       1,618       2,242       6,577       1,652         790         283         125         310         432       4,213
  Surplus                                         29,145       1,302       9,601       1,618       2,242       6,577       1,652         790         283         125         310         432       4,213
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  4,475,886      98,681   2,562,482     122,378     139,664     290,298     246,340     179,884      57,560      32,646      61,458     154,651     529,844

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, September 2, 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   
                                                                                           Sep 2, 2015  

Federal Reserve notes outstanding                                                            1,518,615  
  Less: Notes held by F.R. Banks not subject to collateralization                              181,313  
    Federal Reserve notes to be collateralized                                               1,337,302  
Collateral held against Federal Reserve notes                                                1,337,302  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,321,065  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       4,233,718  
  Less: Face value of securities under reverse repurchase agreements                           217,821  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        4,015,897  

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.