FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                                    June 13, 2013


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 12, 2013 
Federal Reserve Banks                                     Jun 12, 2013  Jun 5, 2013 Jun 13, 2012              

Reserve Bank credit                                         3,364,000   +   14,206   +  555,857    3,367,430  
  Securities held outright (1)                              3,139,181   +   12,279   +  532,285    3,141,976  
    U.S. Treasury securities                                1,903,296   +   12,259   +  243,727    1,906,079  
      Bills (2)                                                     0            0   -   18,423            0  
      Notes and bonds, nominal (2)                          1,808,637   +   11,879   +  244,525    1,810,417  
      Notes and bonds, inflation-indexed (2)                   82,040   +      394   +   14,696       83,026  
      Inflation compensation (3)                               12,619   -       14   +    2,929       12,636  
    Federal agency debt securities (2)                         70,890            0   -   22,362       70,890  
    Mortgage-backed securities (4)                          1,164,995   +       20   +  310,920    1,165,008  
  Unamortized premiums on securities held outright (5)        200,908   -       25   +   66,909      200,925  
  Unamortized discounts on securities held outright (5)        -1,973   -      172   +      286       -2,062  
  Repurchase agreements (6)                                         0            0            0            0  
  Loans                                                           336   +       11   -    5,102          380  
    Primary credit                                                 15   +        7   +        2           53  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                                50   +        3   +        3           56  
    Term Asset-Backed Securities Loan Facility (7)                271            0   -    5,107          271  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (8)                 1,424            0   -    2,458        1,425  
  Net portfolio holdings of Maiden Lane II LLC (9)                 64            0   +       45           64  
  Net portfolio holdings of Maiden Lane III LLC (10)               22            0   -   15,300           22  
  Net portfolio holdings of TALF LLC (11)                         281   -      107   -      560          281  
  Float                                                          -793   +       22   -       71         -882  
  Central bank liquidity swaps (12)                             1,771            0   -   21,543        1,771  
  Other Federal Reserve assets (13)                            22,779   +    2,197   +    1,365       23,529  
Foreign currency denominated assets (14)                       23,938   +      505   -    1,211       24,222  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (15)                             45,111   +       14   +      619       45,111  
                                                                                                              
Total factors supplying reserve funds                       3,449,290   +   14,725   +  555,265    3,453,003  

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 12, 2013 
Federal Reserve Banks                                     Jun 12, 2013  Jun 5, 2013 Jun 13, 2012              

Currency in circulation (15)                                 1,189,061   -    1,645   +   80,432    1,189,607 
Reverse repurchase agreements (16)                              90,546   -    4,397   +    2,538       86,277 
  Foreign official and international accounts                   90,546   -    4,397   +    2,538       86,277 
  Others                                                             0            0            0            0 
Treasury cash holdings                                             136   -       14   -        6          127 
Deposits with F.R. Banks, other than reserve balances           74,462   +    7,550   +    1,155       72,883 
  Term deposits held by depository institutions                 10,496            0   +    7,443       10,496 
  U.S. Treasury, General Account                                43,056   +   12,826   +    1,171       39,284 
  Foreign official                                               9,860   -    1,334   +    9,068        9,711 
  Service-related                                                    0            0   -    1,897            0 
    Required clearing balances                                       0            0   -    1,897            0 
    Adjustments to compensate for float                              0            0            0            0 
  Other                                                         11,051   -    3,940   -   14,629       13,391 
Other liabilities and capital (17)                              64,038   +      765   -   10,072       63,383 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  1,418,243   +    2,260   +   74,047    1,412,277 
                                                                                                              
Reserve balances with Federal Reserve Banks                  2,031,047   +   12,465   +  481,217    2,040,727 

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.  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.





1A. Memorandum Items
Millions of dollars
Memorandum item                                                  Averages of daily figures         Wednesday  
                                                           Week ended    Change from week ended  Jun 12, 2013 
                                                          Jun 12, 2013  Jun 5, 2013 Jun 13, 2012              

Securities held in custody for foreign official and       
     international accounts                                  3,314,350   +    1,955   +  195,274    3,314,208 
  Marketable U.S. Treasury securities (1)                    2,973,635   +    1,743   +  255,714    2,973,287 
  Federal agency debt and mortgage-backed securities (2)       302,597   +      136   -   60,941      302,767 
  Other securities (3)                                          38,118   +       76   +      501       38,154 
Securities lent to dealers                                      18,142   -    1,189   +    7,269       16,456 
  Overnight facility (4)                                        18,142   -    1,189   +    7,269       16,456 
    U.S. Treasury securities                                    17,168   -    1,126   +    6,886       15,508 
    Federal agency debt securities                                 973   -       63   +      383          948 

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 underlying mortgages.                                     
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, June 12, 2013       

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 (1)                                       61            49             0           271             0           ...           380 
U.S. Treasury securities (2)                                                                                                           
  Holdings                                       1             4           343       544,477       866,763       494,490     1,906,079 
  Weekly changes                                 0             0             0    -        3    +    3,672    +    4,399    +    8,069 
Federal agency debt securities (3)                                                                                                     
  Holdings                                     232         6,442        20,134        41,673            62         2,347        70,890 
  Weekly changes                                 0    +    1,497    -    1,497    +    1,982    -    1,982             0             0 
Mortgage-backed securities (4)                                                                                                         
  Holdings                                       0             0             0             1         2,701     1,162,305     1,165,008 
  Weekly changes                                 0             0             0             0    -        1    +       18    +       17 
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)               451         1,320             0             0             0             0         1,771 
                                                                                                                                       
Reverse repurchase agreements (6)           86,277             0           ...           ...           ...           ...        86,277 
Term deposits                               10,496             0             0           ...           ...           ...        10,496 

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
Account name                                                                                                            Wednesday   
                                                                                                                      Jun 12, 2013  

Mortgage-backed securities held outright (1)                                                                             1,165,008  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                          113,671  
Commitments to sell mortgage-backed securities (2)                                                                             800  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                   39  



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
Account name                                                                                                            Wednesday   
                                                                                                                      Jun 12, 2013  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,425  
                                                                                                                                    
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 March 31, 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
Account name                                                                                                            Wednesday   
                                                                                                                      Jun 12, 2013  

Net portfolio holdings of Maiden Lane II LLC (1)                                                                                64  
                                                                                                                                    
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, 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.                  





6. Information on Principal Accounts of Maiden Lane III LLC
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Jun 12, 2013  

Net portfolio holdings of Maiden Lane III LLC (1)                                                                               22  
                                                                                                                                    
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                        0  
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                             0  
Outstanding principal amount and accrued interest on loan payable to American International Group, Inc. (3)                      0  



1.  Fair value. Fair value reflects an estimate of the price that would be received upon selling an         
    asset if the transaction were to be conducted in an orderly market on the measurement date. Revalued
    quarterly. This table reflects valuations as of March 31, 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
Account name                                                                                                            Wednesday   
                                                                                                                      Jun 12, 2013  

Asset-backed securities holdings (1)                                                                                             0  
Other investments, net                                                                                                         281  
Net portfolio holdings of TALF LLC                                                                                             281  
                                                                                                                                    
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)                                            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) 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 then by the interest
received on investments of TALF LLC. 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
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Jun 12, 2013   Wednesday    Wednesday  
                                                        consolidation                 Jun 5, 2013 Jun 13, 2012 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,979   +       11   -      157  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     3,341,220   +    7,982   +  581,503  
    Securities held outright (1)                                          3,141,976   +    8,086   +  520,631  
      U.S. Treasury securities                                            1,906,079   +    8,069   +  245,921  
        Bills (2)                                                                 0            0   -   18,423  
        Notes and bonds, nominal (2)                                      1,810,417   +    6,677   +  244,799  
        Notes and bonds, inflation-indexed (2)                               83,026   +    1,380   +   16,456  
        Inflation compensation (3)                                           12,636   +       12   +    3,089  
      Federal agency debt securities (2)                                     70,890            0   -   22,362  
      Mortgage-backed securities (4)                                      1,165,008   +       17   +  297,074  
    Unamortized premiums on securities held outright  
    (5)                                                                     200,925   +        3   +   65,671  
    Unamortized discounts on securities held outright 
    (5)                                                                      -2,062   -      160   +      195  
    Repurchase agreements (6)                                                     0            0            0  
    Loans                                                                       380   +       53   -    4,995  
  Net portfolio holdings of Maiden Lane LLC (7)                               1,425   +        1   -    2,455  
  Net portfolio holdings of Maiden Lane II LLC (8)                               64            0   +       45  
  Net portfolio holdings of Maiden Lane III LLC (9)                              22            0   -   15,456  
  Net portfolio holdings of TALF LLC (10)                                       281   -      107   -      560  
  Items in process of collection                                   (0)           92   +        5   -       48  
  Bank premises                                                               2,299   +        2   -       63  
  Central bank liquidity swaps (11)                                           1,771            0   -   21,543  
  Foreign currency denominated assets (12)                                   24,222   +      664   -    1,037  
  Other assets (13)                                                          21,231   +    2,102   +    1,541  
                                                                                                               
Total assets                                                       (0)    3,410,842   +   10,659   +  541,771  

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
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Jun 12, 2013   Wednesday    Wednesday  
                                                        consolidation                 Jun 5, 2013 Jun 13, 2012 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,146,598   -      922   +   79,377 
  Reverse repurchase agreements (14)                                          86,277   -    8,002   +    2,858 
  Deposits                                                          (0)    2,113,610   +   18,824   +  473,439 
    Term deposits held by depository institutions                             10,496            0   +    7,443 
    Other deposits held by depository institutions                         2,040,727   +   14,470   +  474,062 
    U.S. Treasury, General Account                                            39,284   -    1,741   +    3,036 
    Foreign official                                                           9,711   -    1,471   +    8,138 
    Other                                                           (0)       13,391   +    7,566   -   19,240 
  Deferred availability cash items                                  (0)          974   -        6   +       24 
  Other liabilities and accrued dividends (15)                                 8,414   +      814   -   14,259 
                                                                                                               
Total liabilities                                                   (0)    3,355,872   +   10,708   +  541,439 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             27,485   -       24   +      166 
  Surplus                                                                     27,485   -       24   +      166 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 54,969   -       49   +      331 

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.  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.                                                                                   

 



9. Statement of Condition of Each Federal Reserve Bank, June 12, 2013
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         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                                             1,979          36          89          122         132         349         185         295          28          52         159         192         340
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans                                 3,341,220      87,362   1,852,906       96,798      85,322     207,736     221,933     180,538      53,763      31,722      63,212     129,735     330,194
    Securities held outright (1)               3,141,976      82,160   1,742,355       91,036      80,243     195,371     208,717     169,781      50,555      29,815      59,443     122,011     310,490
      U.S. Treasury securities                 1,906,079      49,842   1,056,999       55,227      48,679     118,522     126,618     102,998      30,669      18,087      36,061      74,018     188,359
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    1,906,079      49,842   1,056,999       55,227      48,679     118,522     126,618     102,998      30,669      18,087      36,061      74,018     188,359
      Federal agency debt securities (2)          70,890       1,854      39,311        2,054       1,810       4,408       4,709       3,831       1,141         673       1,341       2,753       7,005
      Mortgage-backed securities (4)           1,165,008      30,464     646,045       33,755      29,753      72,441      77,390      62,953      18,745      11,055      22,041      45,240     115,126
    Unamortized premiums on securities held 
      outright (5)                               200,925       5,254     111,421        5,822       5,131      12,494      13,347      10,857       3,233       1,907       3,801       7,802      19,855
    Unamortized discounts on securities     
      held outright (5)                           -2,062         -54      -1,143          -60         -53        -128        -137        -111         -33         -20         -39         -80        -204
    Repurchase agreements (6)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                            380           2         273            0           0           0           5          11           8          20           7           2          53
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (7)                                  1,425           0       1,425            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane II LLC (8)                                  64           0          64            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane III LLC (9)                                 22           0          22            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (10)            281           0         281            0           0           0           0           0           0           0           0           0           0
  Items in process of collection                      92           0           0            0           0           0          91           0           0           0           0           0           0
  Bank premises                                    2,299         120         430           72         113         229         213         201         129         101         250         235         206
  Central bank liquidity swaps (11)                1,771          87         566          137         138         372         101          50          15           7          18          28         251
  Foreign currency denominated assets (12)        24,222       1,190       7,745        1,873       1,889       5,086       1,380         691         202         101         245         384       3,435
  Other assets (13)                               21,231         585      11,296          752         553       1,493       1,436       1,140         371         256         420         864       2,066
  Interdistrict settlement account                     0  -   22,980  +  194,420   -   16,986  -   16,025  -    2,679  -   27,478  -   38,890  -   10,032  -   11,387  -   18,421  -   32,537  +    2,995
                                                                                                                                                                                                         
Total assets                                   3,410,842      66,986   2,074,986       83,375      72,871     213,856     199,935     145,241      44,935      21,133      46,345      99,911     341,269

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 12, 2013 (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            1,445,237      46,622     553,295      46,104      60,329     108,946     178,379      94,623      36,549      23,467      38,757     101,192     156,974
    Less: Notes held by F.R. Banks               298,639      12,635      94,671       6,969       9,388      12,390      32,995      17,612       4,024      10,366      12,862      51,411      33,316
      Federal Reserve notes, net               1,146,598      33,987     458,624      39,135      50,941      96,556     145,384      77,011      32,524      13,101      25,895      49,781     123,658
  Reverse repurchase agreements (14)              86,277       2,256      47,844       2,500       2,203       5,365       5,731       4,662       1,388         819       1,632       3,350       8,526
  Deposits                                     2,113,610      27,900   1,546,417      37,205      15,067      99,606      44,408      61,683      10,392       6,625      18,101      45,600     200,606
    Term deposits held by depository        
        institutions                              10,496          95       6,891         850           0          40         705         255           0          95         210         105       1,250
    Other deposits held by depository       
        institutions                           2,040,727      27,803   1,477,372      36,315      15,064      99,448      43,692      61,390      10,391       6,530      17,889      45,494     199,340
    U.S. Treasury, General Account                39,284           0      39,284           0           0           0           0           0           0           0           0           0           0
    Foreign official                               9,711           2       9,684           3           3           8           2           1           0           0           0           1           6
    Other                                         13,391           0      13,186          37           0         110           9          37           0           0           1           1          10
  Deferred availability cash items                   974           0           0           0           0           0         761           0           0         213           0           0           0
  Interest on Federal Reserve notes due     
     to U.S. Treasury (15)                         2,184          71       1,019          99          91         228         143         109          30          18          38          68         271
  Other liabilities and accrued             
     dividends (16)                                6,230         174       3,538         210         223         571         324         264         137         124         115         194         356
                                                                                                                                                                                                        
Total liabilities                              3,355,872      64,389   2,057,442      79,150      68,525     202,325     196,751     143,729      44,471      20,899      45,781      98,993     333,417
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 27,485       1,299       8,772       2,113       2,173       5,765       1,592         756         232         117         282         459       3,926
  Surplus                                         27,485       1,299       8,772       2,113       2,173       5,765       1,592         756         232         117         282         459       3,926
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  3,410,842      66,986   2,074,986      83,375      72,871     213,856     199,935     145,241      44,935      21,133      46,345      99,911     341,269

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 12, 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. Current face value of the securities, which is the remaining principal balance of the underlying mortgages.                                      
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).

                                                                            



10. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Federal Reserve notes and collateral                                                        Wednesday   
                                                                                          Jun 12, 2013  

Federal Reserve notes outstanding                                                            1,445,237  
  Less: Notes held by F.R. Banks not subject to collateralization                              298,639  
    Federal Reserve notes to be collateralized                                               1,146,598  
Collateral held against Federal Reserve notes                                                1,146,598  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,130,361  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       3,141,976  
  Less: Face value of securities under reverse repurchase agreements                            75,785  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        3,066,192  

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.