FEDERAL RESERVE statistical release
H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                                 June 3, 2010
 
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 2, 2010
Federal Reserve Banks                                      Jun 2, 2010 May 26, 2010  Jun 3, 2009
 
Reserve Bank credit                                        2,319,753   -    3,999   +  254,761    2,317,900
  Securities held outright (1)                             2,057,228   -    4,943   +  942,755    2,057,242
    U.S. Treasury securities                                 776,906   +       44   +  170,748      776,913
      Bills (2)                                               18,423            0            0       18,423
      Notes and bonds, nominal (2)                           712,023            0   +  172,001      712,023
      Notes and bonds, inflation-indexed (2)                  41,125            0   -    1,678       41,125
      Inflation compensation (3)                               5,334   +       44   +      424        5,342
    Federal agency debt securities (2)                       166,810   -      567   +   86,106      166,715
    Mortgage-backed securities (4)                         1,113,513   -    4,419   +  685,901    1,113,614
  Repurchase agreements (5)                                        0            0            0            0
  Term auction credit                                              0            0   -  372,540            0
  Other loans                                                 71,453   -    3,766   -   54,601       71,035
    Primary credit                                               678   -    3,637   -   41,252          115
    Secondary credit                                             300   -      100   +      299          300
    Seasonal credit                                               39   -        9   +       27           42
    Asset-Backed Commercial Paper Money Market
       Mutual Fund Liquidity Facility                              0            0   -   25,093            0
    Credit extended to American International
       Group, Inc., net (6)                                   26,406   +      273   -   17,172       26,624
    Term Asset-Backed Securities Loan Facility (7)            44,030   -      292   +   28,590       43,955
    Other credit extensions                                        0            0            0            0
  Net portfolio holdings of Commercial Paper
     Funding Facility LLC (8)                                      1   -        1   -  145,138            1
  Net portfolio holdings of Maiden Lane LLC (9)               28,338   +       27   +    2,566       28,367
  Net portfolio holdings of Maiden Lane II LLC (10)           15,909   +       53   -      351       15,911
  Net portfolio holdings of Maiden Lane III LLC (11)          23,387   +       14   +    2,992       23,401
  Net portfolio holdings of TALF LLC (12)                        478   +        6   +      478          478
  Preferred interests in AIA Aurora LLC and ALICO
     Holdings LLC (13)                                        25,416            0   +   25,416       25,416
  Float                                                       -1,716   -        4   +      141       -2,823
  Central bank liquidity swaps (14)                            6,642   +    5,400   -  170,191        6,642
  Other Federal Reserve assets (15)                           92,618   -      785   +   23,235       92,229
Gold stock                                                    11,041            0            0       11,041
Special drawing rights certificate account                     5,200            0   +    3,000        5,200
Treasury currency outstanding (16)                            42,871   +       14   +      538       42,871

Total factors supplying reserve funds                      2,378,865   -    3,985   +  258,298    2,377,012
 
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 2, 2010
Federal Reserve Banks                                      Jun 2, 2010 May 26, 2010  Jun 3, 2009
 
Currency in circulation (16)                                 943,000   +    5,311   +   34,202      944,394
Reverse repurchase agreements (17)                            59,143   +    1,063   -    7,173       59,116
  Foreign official and international accounts                 59,143   +    1,063   -    7,173       59,116
  Dealers                                                          0            0            0            0
Treasury cash holdings                                           206   +       10   -       95          212
Deposits with F.R. Banks, other than reserve balances        238,104   +    7,623   -    1,382      267,094
  U.S. Treasury, general account                              33,135   +    7,058   +      562       62,317
  U.S. Treasury, supplementary financing account             199,958   +        1   +       25      199,958
  Foreign official                                             1,985   +      543   +        4        1,824
  Service-related                                              2,643            0   -    1,581        2,643
    Required clearing balances                                 2,643            0   -    1,581        2,643
    Adjustments to compensate for float                            0            0            0            0
  Other                                                          383   +       22   -      391          351
Other liabilities and capital (18)                            71,460   -      241   +   19,570       70,333

Total factors, other than reserve balances,
   absorbing reserve funds                                 1,311,913   +   13,767   +   45,123    1,341,148

Reserve balances with Federal Reserve Banks                1,066,952   -   17,752   +  213,175    1,035,864
 
Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight and term securities lending facilities; 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 outstanding principal and capitalized interest net of unamortized deferred commitment fees and
   allowance for loan restructuring. Excludes credit extended to consolidated LLCs.
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 7 and the note on consolidation accompanying table 11.
9.  Refer to table 4 and the note on consolidation accompanying table 11.
10. Refer to table 5 and the note on consolidation accompanying table 11.
11. Refer to table 6 and the note on consolidation accompanying table 11.
12. Refer to table 8 and the note on consolidation accompanying table 11.
13. Refer to table 9.
14. 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.
15. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange
    rates, accrued dividends on the Federal Reserve Bank of New York's (FRBNY) preferred interests in AIA
    Aurora LLC and ALICO Holdings LLC, and the fair value adjustment to credit extended by the FRBNY to
    eligible borrowers through the Term Asset-Backed Securities Loan Facility.
16. Estimated.
17. Cash value of agreements, which are collateralized by U.S. Treasury securities and federal agency debt
    securities.
18. Includes the liabilities of Commercial Paper Funding Facility LLC, 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 8 and the note on consolidation accompanying table 11.

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 2, 2010
Memorandum item                                            Jun 2, 2010 May 26, 2010  Jun 3, 2009
 
Marketable securities held in custody for foreign
   official and international accounts (1)                 3,075,861   +    9,593   +  344,204    3,086,247
  U.S. Treasury securities                                 2,267,692   +    3,178   +  348,602    2,277,323
  Federal agency securities (2)                              808,168   +    6,414   -    4,399      808,925
Securities lent to dealers                                     5,751   +    2,336   -   28,154        5,635
  Overnight facility (3)                                       5,751   +    2,336   -      804        5,635
    U.S. Treasury securities                                   4,067   +    1,961   -    2,488        4,053
    Federal agency debt securities                             1,684   +      374   +    1,684        1,582
  Term facility (4)                                                0            0   -   27,350            0
 
Note: Components may not sum to totals because of rounding.

1. Face value of the securities. Includes U.S. Treasury STRIPS, other zero-coupon bonds, and mortgage-backed
   securities at face value.
2. Includes debt and mortgage-backed securities.
3. Fully collateralized by U.S. Treasury securities.
4. U.S. Treasury securities only. Fully collateralized by U.S. Treasury securities, federal agency
   securities, and other highly rated debt securities.

 
2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities,       June 2, 2010
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    
 
Other loans (1)                              425           32            0       70,579            0           ...       71,035
U.S. Treasury securities (2)
  Holdings                                16,409       16,173       53,512      332,917      214,177       143,726      776,913
  Weekly changes                      +    1,816   -    1,602   +    6,593   -    7,470   +      683    +       16   +       36
Federal agency debt securities (3)
  Holdings                                   509        9,704       37,409       83,198       33,548         2,347      166,715
  Weekly changes                      -      153   -      509            0            0            0             0   -      662
Mortgage-backed securities (4)
  Holdings                                     0            0            0           32           20     1,113,563    1,113,614
  Weekly changes                               0            0            0            0            0    +      705   +      704
Commercial paper held by
   Commercial Paper Funding
   Facility LLC (5)                            0            0            0          ...          ...           ...            0
Asset-backed securities held by
   TALF LLC (6)                                0            0            0            0            0             0            0
Repurchase agreements (7)                      0            0          ...          ...          ...           ...            0
Central bank liquidity swaps (8)           5,400        1,242            0            0            0             0        6,642

Reverse repurchase agreements (7)         59,116            0          ...          ...          ...           ...       59,116
 
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 Commercial Paper Funding Facility LLC, 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 commercial paper held by Commercial Paper Funding Facility LLC.
6. Face value of asset-backed securities held by TALF LLC, which is the remaining principal balance of the underlying assets.
7. Cash value of agreements.
8. 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 Purchase Program
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                            Jun 2, 2010 
 
Mortgage-backed securities held outright (1)                                                                           1,113,614

Commitments to buy mortgage-backed securities (2)                                                                         38,643
Commitments to sell mortgage-backed securities (2)                                                                         3,000

Cash and cash equivalents (3)                                                                                                485
 
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 as well as
   dollar rolls.
3. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 10 and table 11.

 
4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                            Jun 2, 2010 
 
Net portfolio holdings of Maiden Lane LLC (1)                                                                             28,367

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                 28,820
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         495
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)                              1,275
 
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, 2010. 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 11.
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 10 and table 11.

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 2, 2010 
 
Net portfolio holdings of Maiden Lane II LLC (1)                                                                          15,911

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                 14,532
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         346
Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc. (3)                    1,051
 
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, 2010. 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 11.
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
   10 and table 11.

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 2, 2010 
 
Net portfolio holdings of Maiden Lane III LLC (1)                                                                         23,401

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                 16,206
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         431
Outstanding principal amount and accrued interest on loan payable to American International Group, Inc. (3)                5,264
 
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, 2010. 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 11.
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 10 and table 11.

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 Commercial Paper Funding Facility LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                            Jun 2, 2010 
 
Commercial paper holdings, net (1)                                                                                             0
Other investments, net                                                                                                         1
Net portfolio holdings of Commercial Paper Funding Facility LLC                                                                1

Memorandum: Commercial paper holdings, face value                                                                              0

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
 
1. Book value, which includes amortized cost and related fees.
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 11.

Note: On October 27, 2008, the Federal Reserve Bank of New York began extending loans under the authority of section 13(3) of the
Federal Reserve Act to Commercial Paper Funding Facility LLC. This LLC is a limited liability company formed to purchase three-month
U.S. dollar-denominated commercial paper from eligible issuers and thereby foster liquidity in short-term funding markets and
increase the availability of credit for businesses and households.

 
8. Information on Principal Accounts of TALF LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                            Jun 2, 2010 
 
Asset-backed securities holdings (1)                                                                                           0
Other investments, net                                                                                                       478
Net portfolio holdings of TALF LLC                                                                                           478

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)                                        104
 
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 11.
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 10 and table 11.

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 $20 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.

 
9. Supplemental Information on the Federal Reserve Bank of New York's Preferred Interests in
AIA Aurora LLC and ALICO Holdings LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                            Jun 2, 2010 
 
Preferred interests in AIA Aurora LLC and ALICO Holdings LLC (1)                                                          25,416
Accrued dividends on preferred interests in AIA Aurora LLC and ALICO Holdings LLC (2)                                        219

Preferred interests in AIA Aurora LLC (1)                                                                                 16,266
Accrued dividends on preferred interests in AIA Aurora LLC (2)                                                               140

Preferred interests in ALICO Holdings LLC (1)                                                                              9,150
Accrued dividends on preferred interests in ALICO Holdings LLC (2)                                                            79
 
Note: Components may not sum to totals because of rounding.

1. Book value.
2. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 10 and table 11.

Note on preferred interests:

In conjunction with the restructuring of the government's assistance to American International Group, Inc. (AIG) announced March 2,
2009, the outstanding balance and amount available of revolving credit provided to AIG by the FRBNY has been reduced in exchange for
preferred interests in two special purpose vehicles, AIA Aurora LLC and ALICO Holdings LLC. These two limited liability companies
were created to directly or indirectly hold all of the outstanding common stock of American International Assurance Company Ltd.
(AIA) and American Life Insurance Company (ALICO), two life insurance subsidiaries of AIG. AIG will retain control of AIA Aurora LLC
and ALICO Holdings LLC, and the FRBNY will have certain consent, disposition, and conversion rights with respect to its preferred
interests.

Dividends accrue as a percentage of the FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC. On a quarterly basis,
the accrued dividends are capitalized and added to the FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC.

 
10. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
                                                       Eliminations from  Wednesday         Change since       
                                                        consolidation    Jun 2, 2010   Wednesday    Wednesday  
Assets, liabilities, and capital                                                      May 26, 2010  Jun 3, 2009
 
Assets
  Gold certificate account                                                  11,037             0            0
  Special drawing rights certificate account                                 5,200             0   +    3,000
  Coin                                                                       1,996    -       18   +      211
  Securities, repurchase agreements, term auction
     credit, and other loans                                             2,128,278    -    3,823   +  515,726
    Securities held outright (1)                                         2,057,242    +       78   +  941,470
      U.S. Treasury securities                                             776,913    +       36   +  170,745
        Bills (2)                                                           18,423             0            0
        Notes and bonds, nominal (2)                                       712,023             0   +  172,001
        Notes and bonds, inflation-indexed (2)                              41,125             0   -    1,678
        Inflation compensation (3)                                           5,342    +       36   +      421
      Federal agency debt securities (2)                                   166,715    -      662   +   84,744
      Mortgage-backed securities (4)                                     1,113,614    +      704   +  685,981
    Repurchase agreements (5)                                                    0             0            0
    Term auction credit                                                          0             0   -  372,540
    Other loans                                                             71,035    -    3,902   -   53,204
  Net portfolio holdings of Commercial Paper
     Funding Facility LLC (6)                                                    1    -        1   -  142,634
  Net portfolio holdings of Maiden Lane LLC (7)                             28,367    +       38   +    2,536
  Net portfolio holdings of Maiden Lane II LLC (8)                          15,911    +        1   -      352
  Net portfolio holdings of Maiden Lane III LLC (9)                         23,401    +       21   +    2,955
  Net portfolio holdings of TALF LLC (10)                                      478             0   +      478
  Preferred interests in AIA Aurora LLC and ALICO
     Holdings LLC (11)                                                      25,416             0   +   25,416
  Items in process of collection                             (89)              403    +      129   -      742
  Bank premises                                                              2,232    -        4   +       38
  Central bank liquidity swaps (12)                                          6,642    +    5,400   -  169,100
  Other assets (13)                                                         90,317    +      428   +   22,906

Total assets                                                 (89)        2,339,678    +    2,171   +  260,437
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

 
10. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
                                                       Eliminations from  Wednesday         Change since       
                                                        consolidation    Jun 2, 2010   Wednesday    Wednesday  
Assets, liabilities, and capital                                                      May 26, 2010  Jun 3, 2009
 
Liabilities
  Federal Reserve notes, net of F.R. Bank holdings                         903,727    +    3,945   +   34,953
  Reverse repurchase agreements (14)                                        59,116    +      958   -    8,304
  Deposits                                                    (0)        1,303,278    -    3,522   +  215,697
    Depository institutions                                              1,038,827    -   49,576   +  194,150
    U.S. Treasury, general account                                          62,317    +   45,589   +   24,683
    U.S. Treasury, supplementary financing account                         199,958    +        1   +       25
    Foreign official                                                         1,824    +      475   -       77
    Other                                                     (0)              351    -       11   -    3,085
  Deferred availability cash items                           (89)            3,225    +    1,133   -      226
  Other liabilities and accrued dividends (15)                              15,375    -      252   +    9,058

Total liabilities                                            (89)        2,284,721    +    2,262   +  251,177

Capital accounts
  Capital paid in                                                           26,406    -       10   +    2,340
  Surplus                                                                   25,665    -        3   +    5,820
  Other capital accounts                                                     2,886    -       77   +    1,100

Total capital                                                               54,957    -       91   +    9,260
 
Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight and term securities lending facilities; 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 7 and the note on consolidation accompanying table 11.
7. Refer to table 4 and the note on consolidation accompanying table 11.
8. Refer to table 5 and the note on consolidation accompanying table 11.
9.  Refer to table 6 and the note on consolidation accompanying table 11.
10. Refer to table 8 and the note on consolidation accompanying table 11.
11. Refer to 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 other assets denominated in foreign currencies, which are revalued daily at market exchange rates,
    accrued dividends on the Federal Reserve Bank of New York's (FRBNY) preferred interests in AIA Aurora LLC
    and ALICO Holdings LLC, and the fair value adjustment to credit extended by the FRBNY to eligible borrowers
    through the Term Asset-Backed Securities Loan Facility.
14. Cash value of agreements, which are collateralized by U.S. Treasury securities and federal agency debt
    securities.
15. Includes the liabilities of Commercial Paper Funding Facility LLC, 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
    8 and the note on consolidation accompanying table 11.


 
11. Statement of Condition of Each Federal Reserve Bank,       June 2, 2010
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         369       4,038         404         463         846       1,385         887         324         203         296         652       1,170
  Special drawing rights certificate acct.       5,200         196       1,818         210         237         412         654         424         150          90         153         282         574
  Coin                                           1,996          68          76         163         143         291         183         313          28          63         141         195         332
  Securities, repurchase agreements,
     term auction credit, and other
     loans                                   2,128,278      52,063     910,343      48,050      69,896     234,298     194,697     155,102      52,998      28,183      70,574      86,387     225,688
    Securities held outright (1)             2,057,242      52,062     839,464      48,043      69,896     234,298     194,672     155,088      52,991      28,163      70,572      86,385     225,610
      U.S. Treasury securities                 776,913      19,661     317,022      18,143      26,396      88,482      73,517      58,569      20,012      10,636      26,651      32,623      85,201
        Bills (2)                               18,423         466       7,517         430         626       2,098       1,743       1,389         475         252         632         774       2,020
        Notes and bonds (3)                    758,491      19,195     309,504      17,713      25,770      86,384      71,774      57,180      19,537      10,384      26,019      31,849      83,181
      Federal agency debt securities (2)       166,715       4,219      68,029       3,893       5,664      18,987      15,776      12,568       4,294       2,282       5,719       7,000      18,283
      Mortgage-backed securities (4)         1,113,614      28,182     454,413      26,006      37,836     126,829     105,379      83,951      28,685      15,245      38,201      46,761     122,126
    Repurchase agreements (5)                        0           0           0           0           0           0           0           0           0           0           0           0           0
    Term auction credit                              0           0           0           0           0           0           0           0           0           0           0           0           0
    Other loans                                 71,035           1      70,879           7           0           0          25          14           7          20           3           2          78
  Net portfolio holdings of Commercial
     Paper Funding Facility LLC (6)                  1           0           1           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane LLC (7)                               28,367           0      28,367           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane II LLC (8)                            15,911           0      15,911           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane III LLC (9)                           23,401           0      23,401           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (10)          478           0         478           0           0           0           0           0           0           0           0           0           0
  Preferred interests in AIA Aurora LLC
     and ALICO Holdings LLC (11)                25,416           0      25,416           0           0           0           0           0           0           0           0           0           0
  Items in process of collection                   492          32           0          93          68          13         129          38           6          26          16          35          36
  Bank premises                                  2,232         123         258          70         143         238         219         210         135         109         266         249         212
  Central bank liquidity swaps (12)              6,642         245       1,928         726         495       1,849         410         160          62         184          54          91         437
  Other assets (13)                             90,317       2,564      34,398       4,118       3,998      14,078       7,710       5,525       1,964       1,586       2,471       3,119       8,786
  Interdistrict settlement account                   0   -   6,252   + 100,956   +  19,418   -  11,754   +  36,068   -  46,301   -  40,250   -  15,419   +  17,410   -  18,527   -  11,805   -  23,544

Total assets                                 2,339,767      49,408   1,147,388      73,252      63,689     288,093     159,085     122,409      40,248      47,854      55,445      79,205     213,691
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

 
11. Statement of Condition of Each Federal Reserve Bank,       June 2, 2010 (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          1,082,974      34,935     397,887      38,682      44,504      84,115     136,782      86,312      31,969      19,952      29,259      65,188     113,389
    Less: Notes held by F.R. Banks             179,247       3,871      60,482       5,407       9,274      12,897      28,975      11,553       4,338       2,976       3,151      11,791      24,532
      Federal Reserve notes, net               903,727      31,064     337,405      33,275      35,230      71,218     107,807      74,759      27,631      16,976      26,108      53,397      88,857
  Reverse repurchase agreements (14)            59,116       1,496      24,122       1,381       2,008       6,733       5,594       4,457       1,523         809       2,028       2,482       6,483
  Deposits                                   1,303,278      14,612     759,193      32,261      21,784     196,451      41,543      41,098      10,272      27,945      26,459      21,999     109,663
    Depository institutions                  1,038,827      14,599     494,921      32,256      21,781     196,351      41,540      41,053      10,270      27,944      26,457      21,998     109,657
    U.S. Treasury, general account              62,317           0      62,317           0           0           0           0           0           0           0           0           0           0
    U.S. Treasury, supplementary
       financing account                       199,958           0     199,958           0           0           0           0           0           0           0           0           0           0
    Foreign official                             1,824           1       1,795           4           3          11           2           1           0           1           0           1           3
    Other                                          351          11         201           0           1          89           0          44           1           0           1           0           3
  Deferred availability cash items               3,315         133           0         416         527         136         291         287         104         390         170         155         706
  Other liabilities and accrued
     dividends (15)                             15,375         227      10,995         280         303         914         607         485         209         158         215         298         684

Total liabilities                            2,284,810      47,531   1,131,715      67,612      59,853     275,451     155,841     121,085      39,738      46,279      54,981      78,331     206,392

Capital
  Capital paid in                               26,406         916       7,543       2,947       1,907       5,442       1,548         614         239         803         211         414       3,823
  Surplus                                       25,665         945       7,574       2,692       1,910       7,141       1,581         620         240         712         210         353       1,688
  Other capital                                  2,886          16         556           0          19          60         115          90          31          59          43         108       1,788

Total liabilities and capital                2,339,767      49,408   1,147,388      73,252      63,689     288,093     159,085     122,409      40,248      47,854      55,445      79,205     213,691
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

11. Statement of Condition of Each Federal Reserve Bank,       June 2, 2010 (continued)
1. Includes securities lent to dealers under the overnight and term securities lending facilities; 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 7 and the note on consolidation below.
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 8 and the note on consolidation below.
11. Refer to 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 other assets denominated in foreign currencies, which are revalued daily at market exchange rates, accrued dividends on the Federal Reserve Bank of New York's (FRBNY) preferred interests
    in AIA Aurora LLC and ALICO Holdings LLC, and the fair value adjustment to credit extended by the FRBNY to eligible borrowers through the Term Asset-Backed Securities Loan Facility.
14. Cash value of agreements, which are collateralized by U.S. Treasury securities and federal agency debt securities.
15. Includes the liabilities of Commercial Paper Funding Facility LLC, 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 8 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 October 27, 2008, the FRBNY began extending loans to Commercial Paper Funding Facility LLC, which was
formed to purchase three-month U.S. dollar-denominated commercial paper from eligible issuers. 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 sole beneficiary of Commercial Paper Funding Facility LLC. 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 10), 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 10).

 
12. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
                                                                                            Wednesday   
Federal Reserve notes and collateral                                                        Jun 2, 2010 
 
Federal Reserve notes outstanding                                                          1,082,974
  Less: Notes held by F.R. Banks not subject to collateralization                            179,247
    Federal Reserve notes to be collateralized                                               903,727
Collateral held against Federal Reserve notes                                                903,727
  Gold certificate account                                                                    11,037
  Special drawing rights certificate account                                                   5,200
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   887,490
  Other assets pledged                                                                             0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                     2,057,242
  Less: Face value of securities under reverse repurchase agreements                          58,113
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged      1,999,130
 
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 and term securities lending facilities; refer
   to table 1A.