FEDERAL RESERVE statistical release

For Release at

4:30 P.M. EDT 

June 12, 2014

Table 10 line items “Less: Face value of securities under reverse repurchase agreements” and “U.S. 

Treasury, agency debt, and mortgage-backed securities eligible to be pledged” have been corrected 

to include securities pledged as collateral for tri-party reverse repurchase agreements. 

The revised data are reported at the following 

link: http://www.federalreserve.gov/releases/h41/2014update.htm. 

Historical data incorporating this correction can be accessed through the Data Download Program 

(DDP) at http://www.federalreserve.gov/datadownload/Choose.aspx?rel=H41. 
FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and 

Condition Statement of Federal Reserve Banks November 21, 2013

1. Factors Affecting Reserve Balances of Depository Institutions

Millions of dollars

Averages of daily figures

Change from week ended

Reserve Bank credit, related items, and

reserve balances of depository institutions at 

Federal Reserve Banks

Week ended

Nov 20, 2013 Nov 13, 2013 Nov 21, 2012

Wednesday

Nov 20, 2013

Reserve Bank credit 3,857,198 + 35,068 +1,044,623 3,863,833

Securities held outright1 3,634,882 + 44,542 +1,017,078 3,643,215

U.S. Treasury securities 2,143,543 + 11,814 + 492,502 2,150,957

Bills2 0 0 0 0

Notes and bonds, nominal2 2,039,862 + 10,347 + 472,898 2,047,265

Notes and bonds, inflation-indexed2 89,979 + 1,390 + 16,635 89,979

Inflation compensation3 13,703 + 79 + 2,970 13,713

Federal agency debt securities2 58,473 - 607 - 22,048 58,372

Mortgage-backed securities4 1,432,865 + 33,334 + 546,622 1,433,886

Unamortized premiums on securities held outright5 207,205 + 1,414 + 44,063 207,412

Unamortized discounts on securities held outright5 -9,479 - 560 - 7,900 -9,766

Repurchase agreements6 0 0 0 0

Loans 169 - 23 - 836 166

Primary credit 2 - 12 - 3 3

Secondary credit 0 0 0 0

Seasonal credit 67 - 11 + 31 64

Term Asset-Backed Securities Loan Facility7 100 0 - 865 100

Other credit extensions 0 0 0 0

Net portfolio holdings of Maiden Lane LLC8 1,517 + 1 - 37 1,517

Net portfolio holdings of Maiden Lane II LLC9 64 0 + 3 63

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

Net portfolio holdings of TALF LLC11 110 0 - 745 110

Float -688 - 47 + 110 -590

Central bank liquidity swaps12 273 + 1 - 11,979 273

Other Federal Reserve assets13 23,125 - 10,258 + 4,868 21,412

Foreign currency denominated assets14 23,944 + 17 - 1,249 23,913

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding15 45,432 + 14 + 710 45,432

Total factors supplying reserve funds 3,942,816 + 35,100 +1,044,085 3,949,419

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

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

Millions of dollars

Averages of daily figures

Change from week ended

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Week ended

Nov 20, 2013 Nov 13, 2013 Nov 21, 2012

Wednesday

Nov 20, 2013

Currency in circulation15 1,220,210 - 1,862 + 70,428 1,220,204

Reverse repurchase agreements16 104,734 + 1,258 + 10,967 106,473

Foreign official and international accounts 102,465 + 1,184 + 8,698 100,352

Others 2,270 + 75 + 2,270 6,121

Treasury cash holdings 208 - 1 + 65 214

Deposits with F.R. Banks, other than reserve balances 79,738 + 11,875 - 3,427 89,076

Term deposits held by depository institutions 0 0 - 3,043 0

U.S. Treasury, General Account 49,446 + 3,807 + 25,013 47,871

Foreign official 8,733 + 72 + 2,213 8,735

Other 21,559 + 7,996 - 27,609 32,470

Other liabilities and capital17 64,375 - 607 - 3,877 63,274

Total factors, other than reserve balances,

absorbing reserve funds 1,469,264 + 10,662 + 74,155 1,479,240

Reserve balances with Federal Reserve Banks 2,473,552 + 24,438 + 969,930 2,470,180

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

1. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.

2. Face value of the securities.

3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities.

4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of

the securities.

5. Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been

amortized. For U.S. Treasury and Federal agency debt securities, amortization is on a straight-line basis. For mortgage-backed securities,

amortization is on an effective-interest basis.

6. Cash value of agreements.

7. Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the Term Asset-Backed Securities Loan Facility.

8. Refer to table 4 and the note on consolidation accompanying table 9.

9. Refer to table 5 and the note on consolidation accompanying table 9.

10. Refer to table 6 and the note on consolidation accompanying table 9.

11. Refer to table 7 and the note on consolidation accompanying table 9.

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

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

foreign central bank.

13. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable. Also, includes Reserve Bank

premises and equipment net of allowances for depreciation.

14. Revalued daily at current foreign currency exchange rates.

15. Estimated.

16. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.

17. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to entities other than the Federal Reserve

Bank of New York, including liabilities that have recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note

on consolidation accompanying table 9. Also includes the liability for interest on Federal Reserve notes due to U.S. Treasury. Refer to table 8 and

table 9.

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.
H.4.1

1A. Memorandum Items

Millions of dollars

Averages of daily figures

Memorandum item Week ended Change from week ended

Nov 20, 2013 Nov 13, 2013 Nov 21, 2012

Wednesday

Nov 20, 2013

Securities held in custody for foreign official and international

accounts 3,334,311 + 10,014 + 135,489 3,339,592

Marketable U.S. Treasury securities1 2,974,653 + 12,370 + 130,207 2,980,729

Federal agency debt and mortgage-backed securities2 316,833 - 2,850 - 1,531 315,661

Other securities3 42,826 + 495 + 6,815 43,202

Securities lent to dealers 10,973 + 883 + 3,664 11,595

Overnight facility4 10,973 + 883 + 3,664 11,595

U.S. Treasury securities 9,865 + 858 + 3,155 10,503

Federal agency debt securities 1,108 + 25 + 509 1,092

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

1. Includes securities and U.S. Treasury STRIPS at face value, and inflation compensation on TIPS. Does not include securities pledged as collateral

to foreign official and international account holders against reverse repurchase agreements with the Federal Reserve presented in tables 1, 8, and 9.

2. Face value of federal agency securities and current face value of mortgage-backed securities, which is the remaining principal balance of the

securities.

3. Includes non-marketable U.S. Treasury securities, supranationals, corporate bonds, asset-backed securities, and commercial paper at face value.

4. Face value. Fully collateralized by U.S. Treasury securities.

2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, November 20, 2013

Millions of dollars

Remaining Maturity Within 15

days

16 days to

90 days

91 days to

1 year

Over 1 year

to 5 years

Over 5 year

to 10 years

Over 10

years

All

Loans1 66 0 63 36 0 ... 166

U.S. Treasury securities2

Holdings 1 3 472 721,540 867,998 560,944 2,150,957

Weekly changes 0 - 1 + 88 + 33,259 - 23,279 + 3,854 + 13,920

Federal agency debt securities3

Holdings 0 6,961 12,734 36,268 62 2,347 58,372

Weekly changes - 708 0 + 1,023 - 1,023 0 0 - 708

Mortgage-backed securities4

Holdings 0 0 1 3 2,587 1,431,295 1,433,886

Weekly changes 0 0 0 0 - 4 - 664 - 667

Asset-backed securities held by

TALF LLC5 0 0 0 0 0 0 0

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

Central bank liquidity swaps7 29 244 0 0 0 0 273

Reverse repurchase agreements6 106,473 0 ... ... ... ... 106,473

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

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

6. Cash value of agreements.

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

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

central bank.
H.4.1

3. Supplemental Information on Mortgage-Backed Securities

Millions of dollars

Wednesday Account name Nov 20, 2013

Mortgage-backed securities held outright1 1,433,886

Commitments to buy mortgage-backed securities2 66,279

Commitments to sell mortgage-backed securities2 1,650

Cash and cash equivalents3 8

1. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities.

2. Current face value. Generally settle within 180 days and include commitments associated with outright transactions, dollar rolls, and coupon swaps.

3. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 8 and table 9.

4. Information on Principal Accounts of Maiden Lane LLC

Millions of dollars

Wednesday Account name Nov 20, 2013

Net portfolio holdings of Maiden Lane LLC1 1,517

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

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

Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co.3 0

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

orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of September 30, 2013. Any assets purchased after

this valuation date are initially recorded at cost until their estimated fair value as of the purchase date becomes available.

2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York’s statement of condition consistent with

consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.

3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in

table 8 and table 9.

Note: On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC under the authority of section 13(3) of

the Federal Reserve Act. This limited liability company was formed to acquire certain assets of Bear Stearns and to manage those assets through time

to maximize repayment of the credit extended and to minimize disruption to financial markets. Payments by Maiden Lane LLC from the proceeds of the

net portfolio holdings will be made in the following order: operating expenses of the LLC, principal due to the FRBNY, interest due to the FRBNY,

principal due to JPMorgan Chase & Co., and interest due to JPMorgan Chase & Co. Any remaining funds will be paid to the FRBNY.

5. Information on Principal Accounts of Maiden Lane II LLC

Millions of dollars

Wednesday Account name Nov 20, 2013

Net portfolio holdings of Maiden Lane II LLC1 63

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 September 30, 2013. Any assets purchased after

this valuation date are initially recorded at cost until their estimated fair value as of the purchase date becomes available.

2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York’s statement of condition consistent with

consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.

3. Book value. The deferred payment represents the portion of the proceeds of the net portfolio holdings due to subsidiaries of American

International Group, Inc. in accordance with the asset purchase agreement. The fair value of this payment and accrued interest payable are

included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in table 8 and table 9.

Note: On December 12, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane II LLC under the authority of

section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase residential mortgage-backed securities from the U.S.

securities lending reinvestment portfolio of subsidiaries of American International Group, Inc. (AIG subsidiaries). Payments by Maiden Lane II LLC from

the proceeds of the net portfolio holdings will be made in the following order: operating expenses of Maiden Lane II LLC, principal due to the FRBNY,

interest due to the FRBNY, and deferred payment and interest due to AIG subsidiaries. Any remaining funds will be shared by the FRBNY and AIG

subsidiaries.
H.4.1

6. Information on Principal Accounts of Maiden Lane III LLC

Millions of dollars

Wednesday Account name Nov 20, 2013

Net portfolio holdings of Maiden Lane III LLC1 22

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

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

Outstanding principal amount and accrued interest on loan payable to American International Group, Inc.3 0

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

orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of September 30, 2013. Any assets purchased after

this valuation date are initially recorded at cost until their estimated fair value as of the purchase date becomes available.

2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York’s statement of condition consistent with

consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.

3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in

table 8 and table 9.

Note: On November 25, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane III LLC under the authority of

section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase multi-sector collateralized debt obligations (CDOs) on

which the Financial Products group of American International Group, Inc. (AIG) has written credit default swap (CDS) contracts. In connection with the

purchase of CDOs, the CDS counterparties will concurrently unwind the related CDS transactions. Payments by Maiden Lane III LLC from the proceeds

of the net portfolio holdings will be made in the following order: operating expenses of Maiden Lane III LLC, principal due to the FRBNY, interest due to

the FRBNY, principal due to AIG, and interest due to AIG. Any remaining funds will be shared by the FRBNY and AIG.

7. Information on Principal Accounts of TALF LLC

Millions of dollars

Wednesday Account name Nov 20, 2013

Asset-backed securities holdings1 0

Other investments, net 110

Net portfolio holdings of TALF LLC 110

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

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

Funding provided by U.S. Treasury to TALF LLC, including accrued interest payable3 0

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

market on the measurement date.

2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York’s statement of condition consistent with consolidation

under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.

3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in table 8

and table 9.

Note: On November 25, 2008, the Federal Reserve announced the creation of the Term Asset-Backed Securities Loan Facility (TALF) under the authority of

section 13(3) of the Federal Reserve Act. The TALF is a facility under which the Federal Reserve Bank of New York (FRBNY) extended loans with a term of up

to five years to holders of eligible asset-backed securities. The Federal Reserve closed the TALF for new loan extensions in 2010. The loans provided through

the TALF to eligible borrowers are non-recourse, meaning that the obligation of the borrower can be discharged by surrendering the collateral to the FRBNY.

TALF LLC is a limited liability company formed to purchase and manage any asset-backed securities received by the FRBNY in connection with the decision of

a borrower not to repay a TALF loan. TALF LLC has committed, for a fee, to purchase all asset-backed securities received by the FRBNY in conjunction with a

TALF loan at a price equal to the TALF loan plus accrued but unpaid interest. Prior to January 15, 2013, the U.S. Treasury's Troubled Asset Relief Program

(TARP) committed backup funding to TALF LLC, providing credit protection to the FRBNY. However, the accumulated fees and income collected through the

TALF and held by TALF LLC now exceed the remaining amount of TALF loans outstanding. Accordingly, the TARP credit protection commitment has been

terminated, and TALF LLC has begun to distribute excess proceeds to the Treasury and the FRBNY. Any remaining funds will be shared by the FRBNY and

the U.S. Treasury.
H.4.1

8. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Assets, liabilities, and capital Wednesday Wednesday Eliminations from

consolidation

Wednesday

Nov 20, 2013 Nov 13, 2013 Nov 21, 2012

Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 5,200 0 0

Coin 1,961 - 6 - 140

Securities, unamortized premiums and discounts,

repurchase agreements, and loans 3,841,026 + 12,064 +1,047,141

Securities held outright1 3,643,215 + 12,545 +1,012,861

U.S. Treasury securities 2,150,957 + 13,920 + 500,468

Bills2 0 0 0

Notes and bonds, nominal2 2,047,265 + 12,450 + 480,895

Notes and bonds, inflation-indexed2 89,979 + 1,390 + 16,635

Inflation compensation3 13,713 + 80 + 2,938

Federal agency debt securities2 58,372 - 708 - 20,911

Mortgage-backed securities4 1,433,886 - 667 + 533,303

Unamortized premiums on securities held outright5 207,412 + 263 + 43,288

Unamortized discounts on securities held outright5 -9,766 - 732 - 8,192

Repurchase agreements6 0 0 0

Loans 166 - 11 - 815

Net portfolio holdings of Maiden Lane LLC7 1,517 0 + 79

Net portfolio holdings of Maiden Lane II LLC8 63 - 1 + 2

Net portfolio holdings of Maiden Lane III LLC9 22 0 0

Net portfolio holdings of TALF LLC10 110 0 - 746

Items in process of collection (0) 86 - 39 - 113

Bank premises 2,288 + 2 - 58

Central bank liquidity swaps11 273 + 1 - 11,979

Foreign currency denominated assets12 23,913 - 70 - 1,210

Other assets13 19,124 - 12,757 + 2,482

Total assets (0) 3,906,620 - 804 +1,035,459

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

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

Millions of dollars

Change since

Assets, liabilities, and capital Wednesday Wednesday Eliminations from

consolidation

Wednesday

Nov 20, 2013 Nov 13, 2013 Nov 21, 2012

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 1,176,942 - 1,800 + 65,750

Reverse repurchase agreements14 106,473 + 203 + 12,737

Deposits (0) 2,559,256 + 4,981 + 961,528

Term deposits held by depository institutions 0 0 - 3,043

Other deposits held by depository institutions 2,470,180 - 18,837 + 957,266

U.S. Treasury, General Account 47,871 + 13,624 + 32,232

Foreign official 8,735 + 82 + 2,011

Other (0) 32,470 + 10,112 - 26,938

Deferred availability cash items (0) 676 - 635 - 234

Other liabilities and accrued dividends15 8,375 - 3,607 - 4,051

Total liabilities (0) 3,851,721 - 860 +1,035,730

Capital accounts

Capital paid in 27,450 + 29 - 135

Surplus 27,450 + 29 - 135

Other capital accounts 0 0 0

Total capital 54,899 + 56 - 271

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

1. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.

2. Face value of the securities.

3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities.

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

5. Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been

amortized. For U.S. Treasury and Federal agency debt securities, amortization is on a straight-line basis. For mortgage-backed securities,

amortization is on an effective-interest basis.

6. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.

7. Refer to table 4 and the note on consolidation accompanying table 9.

8. Refer to table 5 and the note on consolidation accompanying table 9.

9. Refer to table 6 and the note on consolidation accompanying table 9.

10. Refer to table 7 and the note on consolidation accompanying table 9.

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

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

central bank.

12. Revalued daily at current foreign currency exchange rates.

13. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.

14. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.

15. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to entities other than the Federal

Reserve Bank of New York, including liabilities that have recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and

the note on consolidation accompanying table 9. Also includes the liability for interest on Federal Reserve notes due to U.S. Treasury.
H.4.1

9. Statement of Condition of Each Federal Reserve Bank, November 20, 2013

Millions of dollars

Kansas San Assets, liabilities, and capital Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco

Assets

Gold certificate account 11,037 391 3,925 397 512 856 1,421 792 310 190 309 728 1,206

Special drawing rights certificate acct. 5,200 196 1,818 210 237 412 654 424 150 90 153 282 574

Coin 1,961 32 87 126 131 335 224 282 28 47 145 179 345

Securities, unamortized premiums and

discounts, repurchase agreements,

and loans 3,841,026 100,435 2,130,014 111,287 98,092 238,828 255,147 207,558 61,810 36,461 72,681 149,159 379,554

Securities held outright1 3,643,215 95,266 2,020,312 105,559 93,044 226,538 242,014 196,866 58,620 34,571 68,926 141,475 360,022

U.S. Treasury securities 2,150,957 56,245 1,192,794 62,322 54,933 133,748 142,885 116,230 34,610 20,411 40,694 83,527 212,557

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

Notes and bonds3 2,150,957 56,245 1,192,794 62,322 54,933 133,748 142,885 116,230 34,610 20,411 40,694 83,527 212,557

Federal agency debt securities2 58,372 1,526 32,370 1,691 1,491 3,630 3,878 3,154 939 554 1,104 2,267 5,768

Mortgage-backed securities4 1,433,886 37,495 795,148 41,546 36,620 89,160 95,251 77,482 23,072 13,606 27,128 55,681 141,697

Unamortized premiums on securities 

held outright5 207,412 5,424 115,019 6,010 5,297 12,897 13,778 11,208 3,337 1,968 3,924 8,054 20,496

Unamortized discounts on securities 

held outright5 -9,766 -255 -5,416 -283 -249 -607 -649 -528 -157 -93 -185 -379 -965

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

Loans 166 1 100 1 0 0 4 12 10 14 16 9 0

Net portfolio holdings of Maiden

Lane LLC7 1,517 0 1,517 0 0 0 0 0 0 0 0 0 0

Net portfolio holdings of Maiden

Lane II LLC8 63 0 63 0 0 0 0 0 0 0 0 0 0

Net portfolio holdings of Maiden

Lane III LLC9 22 0 22 0 0 0 0 0 0 0 0 0 0

Net portfolio holdings of TALF LLC10 110 0 110 0 0 0 0 0 0 0 0 0 0

Items in process of collection 86 0 0 0 0 0 85 0 0 1 0 0 0

Bank premises 2,288 121 429 72 111 229 211 203 127 100 248 232 205

Central bank liquidity swaps11 273 13 87 21 21 57 16 8 2 1 3 4 39

Foreign currency denominated assets12 23,913 1,175 7,647 1,849 1,865 5,021 1,362 682 199 100 242 379 3,391

Other assets13 19,124 530 10,119 683 493 1,359 1,273 1,023 347 240 380 816 1,861

Interdistrict settlement account 0 - 31,043 + 272,524 - 17,172 - 18,179 - 37,398 - 57,225 - 57,647 - 17,717 - 15,417 - 27,352 - 36,858 + 43,485

Total assets 3,906,620 71,851 2,428,362 97,474 83,282 209,698 203,168 153,325 45,257 21,813 46,808 114,922 430,660

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, November 20, 2013 (continued)

Millions of dollars

Kansas San Assets, liabilities, and capital Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco

Liabilities

Federal Reserve notes outstanding 1,430,989 46,474 528,948 43,120 59,915 109,335 172,654 91,282 35,834 22,596 37,597 117,547 165,686

Less: Notes held by F.R. Banks 254,046 11,149 62,484 7,474 7,150 11,321 23,344 19,227 3,539 9,975 11,428 54,828 32,127

Federal Reserve notes, net 1,176,942 35,325 466,464 35,645 52,765 98,013 149,310 72,055 32,295 12,622 26,169 62,719 133,559

Reverse repurchase agreements14 106,473 2,784 59,043 3,085 2,719 6,621 7,073 5,753 1,713 1,010 2,014 4,135 10,522

Deposits 2,559,256 30,977 1,881,209 54,210 23,134 92,852 42,465 73,533 10,586 7,692 17,859 46,820 277,919

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 2,470,180 30,973 1,792,410 54,181 23,130 92,664 42,454 73,509 10,586 7,692 17,857 46,817 277,907

U.S. Treasury, General Account 47,871 0 47,871 0 0 0 0 0 0 0 0 0 0

Foreign official 8,735 2 8,707 3 3 8 2 1 0 0 0 1 6

Other 32,470 1 32,221 26 0 180 10 23 0 0 1 2 6

Deferred availability cash items 676 0 5 0 0 0 578 0 0 92 0 0 0

Interest on Federal Reserve notes due

to U.S. Treasury15 1,596 37 925 38 32 68 112 90 27 16 33 69 151

Other liabilities and accrued

dividends16 6,778 226 3,200 275 272 672 468 375 172 148 153 270 547

Total liabilities 3,851,721 69,349 2,410,847 93,253 78,921 198,226 200,007 151,806 44,793 21,581 46,228 114,012 422,697

Capital

Capital paid in 27,450 1,251 8,758 2,110 2,181 5,736 1,580 759 232 116 290 455 3,981

Surplus 27,450 1,251 8,758 2,110 2,181 5,736 1,580 759 232 116 290 455 3,981

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

Total liabilities and capital 3,906,620 71,851 2,428,362 97,474 83,282 209,698 203,168 153,325 45,257 21,813 46,808 114,922 430,660

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, November 20, 2013 (continued)

1. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.

2. Face value of the securities.

3. Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such securities.

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

5. Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt

securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an effective-interest basis.

6. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.

7. Refer to table 4 and the note on consolidation below.

8. Refer to table 5 and the note on consolidation below.

9. Refer to table 6 and the note on consolidation below.

10. Refer to table 7 and the note on consolidation below.

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

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

12. Revalued daily at current foreign currency exchange rates.

13. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.

14. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.

15. Represents the estimated weekly remittances to U.S. Treasury as interest on Federal Reserve notes or, in those cases where the Reserve Bank’s net earnings are not sufficient to equate surplus

to capital paid-in, the deferred asset for interest on Federal Reserve notes. The amount of any deferred asset, which is presented as a negative amount in this line, represents the amount of the

Federal Reserve Bank’s earnings that must be retained before remittances to the U.S. Treasury resume. The amounts on this line are calculated in accordance with Board of Governors policy,

which requires the Federal Reserve Banks to remit residual earnings to the U.S. Treasury as interest on Federal Reserve notes after providing for the costs of operations, payment of dividends,

and the amount necessary to equate surplus with capital paid-in.

16. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to entities other than the Federal Reserve Bank of New York, including liabilities that have

recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation below.

Note on consolidation:

The Federal Reserve Bank of New York (FRBNY) has extended loans to several limited liability companies under the authority of section 13(3) of the Federal Reserve Act. On June 26, 2008, a loan

was extended to Maiden Lane LLC, which was formed to acquire certain assets of Bear Stearns. On November 25, 2008, a loan was extended to Maiden Lane III LLC, which was formed to purchase

multi-sector collateralized debt obligations on which the Financial Products group of the American International Group, Inc. has written credit default swap contracts. On December 12, 2008, a loan

was extended to Maiden Lane II LLC, which was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment portfolio of subsidiaries of American

International Group, Inc. On November 25, 2008, the Federal Reserve Board authorized the FRBNY to extend credit to TALF LLC, which was formed to purchase and manage any asset-backed

securities received by the FRBNY in connection with the decision of a borrower not to repay a loan extended under the Term Asset-Backed Securities Loan Facility.

The FRBNY is the primary beneficiary of TALF LLC, because of the two beneficiaries of the LLC, the FRBNY and the U.S. Treasury, the FRBNY is primarily responsible for directing the financial activities of

TALF LLC. The FRBNY is the primary beneficiary of the other LLCs cited above because it will receive a majority of any residual returns of the LLCs and absorb a majority of any residual losses of the LLCs.

Consistent with generally accepted accounting principles, the assets and liabilities of these LLCs have been consolidated with the assets and liabilities of the FRBNY in the preparation of the statements of

condition shown on this release. As a consequence of the consolidation, the extensions of credit from the FRBNY to the LLCs are eliminated, the net assets of the LLCs appear as assets on the previous page

(and in table 1 and table 8), and the liabilities of the LLCs to entities other than the FRBNY, including those with recourse only to the portfolio holdings of the LLCs, are included in other liabilities in this table

(and table 1 and table 8).
H.4.1

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

Millions of dollars

Wednesday Federal Reserve notes and collateral Nov 20, 2013

Federal Reserve notes outstanding 1,430,989

Less: Notes held by F.R. Banks not subject to collateralization 254,046

Federal Reserve notes to be collateralized 1,176,942

Collateral held against Federal Reserve notes 1,176,942

Gold certificate account 11,037

Special drawing rights certificate account 5,200

U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 1,160,705

Other assets pledged 0

Memo:

Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 3,643,215

Less: Face value of securities under reverse repurchase agreements 95,872

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 3,547,343

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.