FEDERAL RESERVE statistical release
H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                                June 14, 2012
 
1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and                         Averages of daily figures         Wednesday  
reserve balances of depository institutions at             Week ended   Change from week ended   Jun 13, 2012
Federal Reserve Banks                                     Jun 13, 2012  Jun 6, 2012 Jun 15, 2011
 
Reserve Bank credit                                        2,835,518   +    4,576   +   25,789    2,851,965
  Securities held outright (1)                             2,606,896   +      504   +    1,667    2,621,345
    U.S. Treasury securities                               1,659,569   -    1,817   +   90,706    1,660,158
      Bills (2)                                               18,423            0            0       18,423
      Notes and bonds, nominal (2)                         1,564,112   -    1,497   +   85,443    1,565,618
      Notes and bonds, inflation-indexed (2)                  67,344   -      310   +    3,974       66,570
      Inflation compensation (3)                               9,690   -       10   +    1,289        9,547
    Federal agency debt securities (2)                        93,252            0   -   25,737       93,252
    Mortgage-backed securities (4)                           854,075   +    2,321   -   63,302      867,934
  Repurchase agreements (5)                                        0            0            0            0
  Loans                                                        5,438   -       31   -    7,844        5,375
    Primary credit                                                13   +        2   -       11            4
    Secondary credit                                               0            0            0            0
    Seasonal credit                                               47   +       12   +        8           51
    Term Asset-Backed Securities Loan Facility (6)             5,378   -       46   -    7,841        5,320
    Other credit extensions                                        0            0            0            0
  Net portfolio holdings of Maiden Lane LLC (7)                3,882   +        3   -   20,476        3,880
  Net portfolio holdings of Maiden Lane II LLC (8)                19            0   -   12,509           19
  Net portfolio holdings of Maiden Lane III LLC (9)           15,322   +       59   -    9,089       15,478
  Net portfolio holdings of TALF LLC (10)                        841            0   +       95          841
  Float                                                         -722   +       54   +      402         -810
  Central bank liquidity swaps (11)                           23,314   +    1,032   +   23,314       23,314
  Other Federal Reserve assets (12)                          180,528   +    2,955   +   50,227      182,524
Gold stock                                                    11,041            0            0       11,041
Special drawing rights certificate account                     5,200            0            0        5,200
Treasury currency outstanding (13)                            44,529   +       14   +      599       44,529

Total factors supplying reserve funds                      2,896,288   +    4,590   +   26,387    2,912,735
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

 
1. Factors Affecting Reserve Balances of Depository Institutions (continued)
Millions of dollars
Reserve Bank credit, related items, and                         Averages of daily figures         Wednesday  
reserve balances of depository institutions at             Week ended   Change from week ended   Jun 13, 2012
Federal Reserve Banks                                     Jun 13, 2012  Jun 6, 2012 Jun 15, 2011
 
Currency in circulation (13)                               1,108,666   -      667   +   85,765    1,109,482
Reverse repurchase agreements (14)                            88,008   -    4,621   +   23,863       83,419
  Foreign official and international accounts                 88,008   -    4,621   +   25,056       83,419
  Others                                                           0            0   -    1,193            0
Treasury cash holdings                                           142   -        4   +        7          137
Deposits with F.R. Banks, other than reserve balances         73,307   -   13,340   +   15,078       75,403
  Term deposits held by depository institutions                3,053            0   -    2,034        3,053
  U.S. Treasury, General Account                              41,885   -   18,878   +      549       36,248
  U.S. Treasury, Supplementary Financing Account                   0            0   -    5,000            0
  Foreign official                                               792   +      661   +      660        1,573
  Service-related                                              1,897   -        4   -      644        1,897
    Required clearing balances                                 1,897   -        4   -      644        1,897
    Adjustments to compensate for float                            0            0            0            0
  Other                                                       25,680   +    4,882   +   21,547       32,631
Other liabilities and capital (15)                            76,370   +      942   +    2,064       79,568

Total factors, other than reserve balances,
   absorbing reserve funds                                 1,346,492   -   17,692   +  126,776    1,348,008

Reserve balances with Federal Reserve Banks                1,549,796   +   22,282   -  100,389    1,564,728
 
Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.
2. Face value of the securities.
3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed
   securities.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the
   remaining principal balance of the underlying mortgages.
5. Cash value of agreements.
6. Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the Term
   Asset-Backed Securities Loan Facility.
7. Refer to table 4 and the note on consolidation accompanying table 9.
8. Refer to table 5 and the note on consolidation accompanying table 9.
9.  Refer to table 6 and the note on consolidation accompanying table 9.
10. Refer to table 7 and the note on consolidation accompanying table 9.
11. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when
    the foreign currency is returned to the foreign central bank. This exchange rate equals the market
    exchange rate used when the foreign currency was acquired from the foreign central bank.
12. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange
    rates, and the fair value adjustment to credit extended by the FRBNY to eligible borrowers through the
    Term Asset-Backed Securities Loan Facility.
13. Estimated.
14. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt
    securities, and mortgage-backed securities.
15. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to
    entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only
    to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation
    accompanying table 9. Also includes the liability for interest on Federal Reserve notes due to U.S.
    Treasury. Refer to table 8 and table 9.

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.

 
1A. Memorandum Items
Millions of dollars
                                                                Averages of daily figures         Wednesday  
                                                           Week ended   Change from week ended   Jun 13, 2012
Memorandum item                                           Jun 13, 2012  Jun 6, 2012 Jun 15, 2011
 
Marketable securities held in custody for foreign
   official and international accounts (1)                 3,508,477   -    9,140   +   61,828    3,499,771
  U.S. Treasury securities                                 2,793,312   -    5,832   +   85,846    2,786,495
  Federal agency securities (2)                              715,164   -    3,309   -   24,019      713,276
Securities lent to dealers                                    10,873   -    4,203   -    9,340       10,105
  Overnight facility (3)                                      10,873   -    4,203   -    9,340       10,105
    U.S. Treasury securities                                  10,282   -    4,165   -    9,153        9,535
    Federal agency debt securities                               590   -       39   -      188          570
 
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 13, 2012
Millions of dollars
                                       Within 15    16 days to   91 days to  Over 1 year  Over 5 years    Over 10        All     
Remaining maturity                        days       90 days       1 year     to 5 years   to 10 years     years    
 
Loans (1)                                     13        1,885        1,677        1,800            0           ...        5,375
U.S. Treasury securities (2)
  Holdings                                19,301       18,388       26,295      534,374      738,221       323,579    1,660,158
  Weekly changes                      +    2,156   -    2,156            0   -    9,675   +       14    +    5,526   -    4,134
Federal agency debt securities (3)
  Holdings                                 1,768        4,274       16,320       62,793        5,750         2,347       93,252
  Weekly changes                               0            0            0   +      737   -      737             0            0
Mortgage-backed securities (4)
  Holdings                                     0            0            2            7          105       867,820      867,934
  Weekly changes                               0            0            0            0            0    +   16,176   +   16,175
Asset-backed securities held by
   TALF LLC (5)                                0            0            0            0            0             0            0
Repurchase agreements (6)                      0            0          ...          ...          ...           ...            0
Central bank liquidity swaps (7)           7,846       15,467            0            0            0             0       23,314

Reverse repurchase agreements (6)         83,419            0          ...          ...          ...           ...       83,419
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.

 
3. Supplemental Information on Mortgage-Backed Securities
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Jun 13, 2012 
 
Mortgage-backed securities held outright (1)                                                                             867,934

Commitments to buy mortgage-backed securities (2)                                                                         28,570
Commitments to sell mortgage-backed securities (2)                                                                             0

Cash and cash equivalents (3)                                                                                                 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   
Account name                                                                                                           Jun 13, 2012 
 
Net portfolio holdings of Maiden Lane LLC (1)                                                                              3,880

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                    366
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         765
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)                              1,418
 
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   
Account name                                                                                                           Jun 13, 2012 
 
Net portfolio holdings of Maiden Lane II LLC (1)                                                                              19

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                      0
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                           0
Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc. (3)                        0
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
   be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of
       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.

 
6. Information on Principal Accounts of Maiden Lane III LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Jun 13, 2012 
 
Net portfolio holdings of Maiden Lane III LLC (1)                                                                         15,478

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                  2,768
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         737
Outstanding principal amount and accrued interest on loan payable to American International Group, Inc. (3)                5,623
 
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   
Account name                                                                                                           Jun 13, 2012 
 
Asset-backed securities holdings (1)                                                                                           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 York (2)                                      0
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                           0
Funding provided by U.S. Treasury to TALF LLC, including accrued interest payable (3)                                        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.

 
8. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
                                                       Eliminations from  Wednesday         Change since       
                                                        consolidation   Jun 13, 2012   Wednesday    Wednesday  
Assets, liabilities, and capital                                                       Jun 6, 2012 Jun 15, 2011
 
Assets
  Gold certificate account                                                  11,037             0            0
  Special drawing rights certificate account                                 5,200             0            0
  Coin                                                                       2,136    +        1   +       18
  Securities, repurchase agreements, and loans                           2,626,720    +   11,946   +    4,677
    Securities held outright (1)                                         2,621,345    +   12,042   +   12,535
      U.S. Treasury securities                                           1,660,158    -    4,134   +   84,219
        Bills (2)                                                           18,423             0            0
        Notes and bonds, nominal (2)                                     1,565,618    -    2,877   +   79,912
        Notes and bonds, inflation-indexed (2)                              66,570    -    1,084   +    3,200
        Inflation compensation (3)                                           9,547    -      173   +    1,106
      Federal agency debt securities (2)                                    93,252             0   -   25,113
      Mortgage-backed securities (4)                                       867,934    +   16,175   -   46,572
    Repurchase agreements (5)                                                    0             0            0
    Loans                                                                    5,375    -       96   -    7,857
  Net portfolio holdings of Maiden Lane LLC (6)                              3,880    -        3   -   19,889
  Net portfolio holdings of Maiden Lane II LLC (7)                              19             0   -   12,488
  Net portfolio holdings of Maiden Lane III LLC (8)                         15,478    +      181   -    8,752
  Net portfolio holdings of TALF LLC (9)                                       841             0   +       95
  Items in process of collection                             (60)              140    -       57   -      240
  Bank premises                                                              2,362    +        1   +      154
  Central bank liquidity swaps (10)                                         23,314    +    1,046   +   23,314
  Other assets (11)                                                        180,203    +    3,928   +   52,894

Total assets                                                 (60)        2,871,328    +   17,042   +   39,783
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

 
8. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
                                                       Eliminations from  Wednesday         Change since       
                                                        consolidation   Jun 13, 2012   Wednesday    Wednesday  
Assets, liabilities, and capital                                                       Jun 6, 2012 Jun 15, 2011
 
Liabilities
  Federal Reserve notes, net of F.R. Bank holdings                       1,067,221    -      604   +   84,858
  Reverse repurchase agreements (12)                                        83,419    -    5,442   +   15,240
  Deposits                                                    (0)        1,640,171    +   18,526   -   66,107
    Term deposits held by depository institutions                            3,053             0   -    2,034
    Other deposits held by depository institutions                       1,566,665    +   19,804   -    2,564
    U.S. Treasury, General Account                                          36,248    -   17,792   -   90,180
    U.S. Treasury, Supplementary Financing Account                               0             0   -    5,000
    Foreign official                                                         1,573    +    1,444   +    1,442
    Other                                                     (0)           32,631    +   15,070   +   32,227
  Deferred availability cash items                           (60)              950    -      194   -      794
  Other liabilities and accrued dividends (13)                              24,930    +    4,817   +    4,905

Total liabilities                                            (60)        2,816,690    +   17,103   +   38,100

Capital accounts
  Capital paid in                                                           27,319    -       31   +      841
  Surplus                                                                   27,319    -       31   +      841
  Other capital accounts                                                         0             0            0

Total capital                                                               54,638    -       61   +    1,683
 
Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.
2. Face value of the securities.
3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed
   securities.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the
   remaining principal balance of the underlying mortgages.
5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
6. Refer to table 4 and the note on consolidation accompanying table 9.
7. Refer to table 5 and the note on consolidation accompanying table 9.
8. Refer to table 6 and the note on consolidation accompanying table 9.
9.  Refer to table 7 and the note on consolidation accompanying table 9.
10. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when
    the foreign currency is returned to the foreign central bank. This exchange rate equals the market exchange
    rate used when the foreign currency was acquired from the foreign central bank.
11. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates
    and the fair value adjustment to credit extended by the Federal Reserve Bank of New York (FRBNY) to
    eligible borrowers through the Term Asset-Backed Securities Loan Facility.
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt
    securities, and mortgage-backed securities.
13. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to
    entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only to
    the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation
    accompanying table 9. Also includes the liability for interest on Federal Reserve notes due to U.S.
    Treasury.


 
9. Statement of Condition of Each Federal Reserve Bank,      June 13, 2012
Millions of dollars
                                               Total      Boston     New York   Philadelphia Cleveland   Richmond     Atlanta     Chicago    St. Louis  Minneapolis   Kansas      Dallas        San    
Assets, liabilities, and capital                                                                                                                                       City                  Francisco 
 
Assets
  Gold certificate account                      11,037         408       3,824         437         515         890       1,337         839         313         192         315         725       1,242
  Special drawing rights certificate acct.       5,200         196       1,818         210         237         412         654         424         150          90         153         282         574
  Coin                                           2,136          43          94         149         148         385         197         312          36          54         162         202         353
  Securities, repurchase agreements,
     and loans                               2,626,720      63,672   1,474,988      86,656      66,646     186,565     158,049     145,425      40,985      23,868      52,666     101,857     225,343
    Securities held outright (1)             2,621,345      63,668   1,469,669      86,656      66,646     186,565     158,049     145,421      40,982      23,830      52,664     101,853     225,343
      U.S. Treasury securities               1,660,158      40,322     930,775      54,881      42,208     118,156     100,096      92,098      25,955      15,092      33,353      64,506     142,715
        Bills (2)                               18,423         447      10,329         609         468       1,311       1,111       1,022         288         167         370         716       1,584
        Notes and bonds (3)                  1,641,736      39,875     920,446      54,272      41,740     116,845      98,985      91,076      25,667      14,925      32,983      63,790     141,131
      Federal agency debt securities (2)        93,252       2,265      52,282       3,083       2,371       6,637       5,622       5,173       1,458         848       1,873       3,623       8,016
      Mortgage-backed securities (4)           867,934      21,080     486,611      28,692      22,067      61,772      52,330      48,149      13,569       7,890      17,437      33,724      74,612
    Repurchase agreements (5)                        0           0           0           0           0           0           0           0           0           0           0           0           0
    Loans                                        5,375           5       5,320           0           0           0           0           4           3          37           2           4           1
  Net portfolio holdings of Maiden
     Lane LLC (6)                                3,880           0       3,880           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane II LLC (7)                                19           0          19           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane III LLC (8)                           15,478           0      15,478           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (9)           841           0         841           0           0           0           0           0           0           0           0           0           0
  Items in process of collection                   200           2           0          48          34           5          36          12           7           7           5           9          36
  Bank premises                                  2,362         121         460          66         123         230         213         203         132         105         256         241         211
  Central bank liquidity swaps (10)             23,314         817       7,520       2,022       1,724       4,823       1,333         622         191          95         232         373       3,562
  Other assets (11)                            180,203       4,677      94,612       7,354       5,814      16,405      10,838       9,261       2,658       1,561       3,381       6,468      17,174
  Interdistrict settlement account                   0   +   3,290   -  67,003   -  15,626   +   4,317   +  29,225   +   9,244   +     929   +   2,578   +     618   -     921   -     127   +  33,476

Total assets                                 2,871,388      73,227   1,536,532      81,317      79,558     238,939     181,901     158,026      47,049      26,590      56,247     110,030     281,972
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

 
9. Statement of Condition of Each Federal Reserve Bank,      June 13, 2012 (continued)
Millions of dollars
                                               Total      Boston     New York   Philadelphia Cleveland   Richmond     Atlanta     Chicago    St. Louis  Minneapolis   Kansas      Dallas        San    
Assets, liabilities, and capital                                                                                                                                       City                  Francisco 
 
Liabilities
  Federal Reserve notes outstanding          1,252,491      46,815     434,530      47,761      61,472     101,861     156,025      94,947      37,684      22,168      37,201      77,505     134,523
    Less: Notes held by F.R. Banks             185,269       4,927      68,152       5,378       7,855      11,882      26,880      12,877       4,293       3,579       3,586      11,414      24,446
      Federal Reserve notes, net             1,067,221      41,888     366,378      42,383      53,617      89,978     129,145      82,070      33,390      18,589      33,615      66,091     110,076
  Reverse repurchase agreements (12)            83,419       2,026      46,769       2,758       2,121       5,937       5,030       4,628       1,304         758       1,676       3,241       7,171
  Deposits                                   1,640,171      26,261   1,087,409      31,200      19,089     130,949      43,696      68,963      11,559       6,605      20,084      39,225     155,132
    Term deposits held by depository
       institutions                              3,053          10       2,255         600           0          95           5           8           0          70           5           5           0
    Other deposits held by depository
       institutions                          1,566,665      26,241   1,014,894      30,590      19,086     130,728      43,688      68,929      11,558       6,534      20,077      39,219     155,120
    U.S. Treasury, General Account              36,248           0      36,248           0           0           0           0           0           0           0           0           0           0
    U.S. Treasury, Supplementary
       Financing Account                             0           0           0           0           0           0           0           0           0           0           0           0           0
    Foreign official                             1,573           1       1,546           3           3           8           2           1           0           0           0           1           6
    Other                                       32,631           9      32,465           6           0         118           1          25           0           0           1           1           6
  Deferred availability cash items               1,010          35           0          96          56          22         116          23          85         219          37          63         258
  Interest on Federal Reserve notes due
     to U.S. Treasury (13)                       1,762          46         991         112          42         112          96          93          25          14          32          62         137
  Other liabilities and accrued
     dividends (14)                             23,168         326      17,532         442         392       1,021         717         643         239         178         261         459         957

Total liabilities                            2,816,750      70,583   1,519,078      76,990      75,316     228,021     178,800     156,420      46,603      26,363      55,703     109,141     273,732

Capital
  Capital paid in                               27,319       1,322       8,727       2,164       2,121       5,459       1,550         803         223         114         272         444       4,120
  Surplus                                       27,319       1,322       8,727       2,164       2,121       5,459       1,550         803         223         114         272         444       4,120
  Other capital                                      0           0           0           0           0           0           0           0           0           0           0           0           0

Total liabilities and capital                2,871,388      73,227   1,536,532      81,317      79,558     238,939     181,901     158,026      47,049      26,590      56,247     110,030     281,972
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

9. Statement of Condition of Each Federal Reserve Bank,      June 13, 2012 (continued)
1. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.
2. Face value of the securities.
3. Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such securities.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the underlying mortgages.
5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
6. Refer to table 4 and the note on consolidation below.
7. Refer to table 5 and the note on consolidation below.
8. Refer to table 6 and the note on consolidation below.
9.  Refer to table 7 and the note on consolidation below.
10. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals
    the market exchange rate used when the foreign currency was acquired from the foreign central bank.
11. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates and the fair value adjustment to credit extended by the Federal Reserve Bank of New York
    (FRBNY) to eligible	borrowers through the Term Asset-Backed Securities Loan Facility.
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.
13. Represents the estimated weekly remittances to U.S Treasury as interest on Federal Reserve notes or, in those cases where the Reserve Bank's net earnings are not sufficient to equate surplus to
    capital paid-in, the deferred asset for interest on Federal Reserve notes. The amount of any deferred asset, which is presented as a negative amount in this line, represents the amount of the
    Federal Reserve Bank's earnings that must be retained before remittances to the U.S. Treasury resume. The amounts on this line are calculated in accordance with Board of Governors policy, which
    requires the Federal Reserve Banks to remit residual earnings to the U.S. Treasury as interest on Federal Reserve notes after providing for the costs of operations, payment of dividends, and the
    amount necessary to equate surplus with capital paid-in.
14. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to entities other than the Federal Reserve Bank of New York, including liabilities that have
    recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation below.


Note on consolidation:

The Federal Reserve Bank of New York (FRBNY) has extended loans to several limited liability companies under the authority of section 13(3) of the Federal Reserve Act. On June 26, 2008, a loan was
extended to Maiden Lane LLC, which was formed to acquire certain assets of Bear Stearns. On November 25, 2008, a loan was extended to Maiden Lane III LLC, which was formed to purchase multi-sector
collateralized debt obligations on which the Financial Products group of the American International Group, Inc. has written credit default swap contracts. On December 12, 2008, a loan was extended to
Maiden Lane II LLC, which was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment portfolio of subsidiaries of American International Group, Inc.
On November 25, 2008, the Federal Reserve Board authorized the FRBNY to extend credit to TALF LLC, which was formed to purchase and manage any asset-backed securities received by the FRBNY in
connection with the decision of a borrower not to repay a loan extended under the Term Asset-Backed Securities Loan Facility.

The FRBNY is the primary beneficiary of TALF LLC, because of the two beneficiaries of the LLC, the FRBNY and the U.S. Treasury, the FRBNY is primarily responsible for directing the financial
activities of TALF LLC. The FRBNY is the primary beneficiary of the other LLCs cited above because it will receive a majority of any residual returns of the LLCs and absorb a majority of any residual
losses of the LLCs. Consistent with generally accepted accounting principles, the assets and liabilities of these LLCs have been consolidated with the assets and liabilities of the FRBNY in the
preparation of the statements of condition shown on this release. As a consequence of the consolidation, the extensions of credit from the FRBNY to the LLCs are eliminated, the net assets of the LLCs
appear as assets on the previous page (and in table 1 and table 8), and the liabilities of the LLCs to entities other than the FRBNY, including those with recourse only to the portfolio holdings of
the LLCs, are included in other liabilities in this table (and table 1 and table 8).

 
10. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
                                                                                            Wednesday   
Federal Reserve notes and collateral                                                       Jun 13, 2012 
 
Federal Reserve notes outstanding                                                          1,252,491
  Less: Notes held by F.R. Banks not subject to collateralization                            185,269
    Federal Reserve notes to be collateralized                                             1,067,221
Collateral held against Federal Reserve notes                                              1,067,221
  Gold certificate account                                                                    11,037
  Special drawing rights certificate account                                                   5,200
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                 1,050,984
  Other assets pledged                                                                             0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                     2,621,345
  Less: Face value of securities under reverse repurchase agreements                          72,107
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged      2,549,238
 
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.