FEDERAL RESERVE statistical release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                          December 31, 2009
1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and                            Averages of daily figures
reserve balances of depository institutions at            Week ended   Change from week ended     Wednesday
Federal Reserve Banks                                    Dec 30, 2009 Dec 23, 2009 Dec 31, 2008 Dec 30, 2009

Reserve Bank credit                                       2,219,936   +    5,645   +    1,439    2,219,343
  Securities held outright (1)                            1,846,037   +    6,289   +1,349,810    1,844,722       
    U.S. Treasury securities                                776,583   +       11   +  300,622      776,587
      Bills (2)                                              18,423            0            0       18,423
      Notes and bonds, nominal (2)                          707,649            0   +  297,158      707,649
      Notes and bonds, inflation-indexed (2)                 44,643            0   +    3,572       44,643
      Inflation compensation (3)                              5,869   +       11   -      106        5,873
    Federal agency debt securities (2)                      159,879   +    1,324   +  139,613      159,879
    Mortgage-backed securities (4)                          909,575   +    4,954   +  909,575      908,257
  Repurchase agreements (5)                                       0            0   -   80,000            0
  Term auction credit                                        75,918            0   -  374,301       75,918  
  Other loans                                                88,133   +    1,053   -   99,637       89,699
    Primary credit                                           18,743   -        6   -   67,807       19,111
    Secondary credit                                            956   -        4   +      938          980
    Seasonal credit                                              39   +        2   +       35           44
    Primary dealer and other broker-dealer credit (6)             0            0   -   38,476            0
    Asset-Backed Commercial Paper Money Market
      Mutual Fund Liquidity Facility                              0            0   -   23,797            0
    Credit extended to American International
      Group, Inc., net (7)                                   20,771   +      486   -   18,153       22,033
    Term Asset-Backed Securities Loan Facility, net (8)      47,624   +      575   +   47,624       47,532
    Other credit extensions                                       0            0            0            0
  Net portfolio holdings of Commercial Paper 
    Funding Facility LLC (9)                                 14,061   +       17   -  318,349       14,072
  Net portfolio holdings of Maiden Lane LLC (10)             26,597   +       18   -      377       26,667
  Net portfolio holdings of Maiden Lane II LLC (11)          15,598   +       20   -    4,461       15,697
  Net portfolio holdings of Maiden Lane III LLC (12)         22,651   +        8   -    5,339       22,660
  Net portfolio holdings of TALF LLC (13)                       298   +       18   +      298          298
  Preferred interests in AIA Aurora LLC and ALICO
    Holdings LLC (14)                                        25,000            0   +   25,000       25,000
  Float                                                      -1,822   -      238   -      957       -1,956
  Central bank liquidity swaps (15)                          10,272   -    1,800   -  542,885       10,272
  Other Federal Reserve assets (16)                          97,194   +      260   +   52,638       96,294
Gold stock                                                   11,041            0            0       11,041
Special drawing rights certificate account                    5,200            0   +    3,000        5,200
Treasury currency outstanding (17)                           42,719   +       14   +    4,045       42,719
       
Total factors supplying reserve funds                     2,278,896   +    5,659   +    8,484    2,278,303

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
reserve balances of depository institutions at            Week ended   Change from week ended     Wednesday
Federal Reserve Banks                                    Dec 30, 2009 Dec 23, 2009 Dec 31, 2008 Dec 30, 2009

Currency in circulation (17)                                929,568   +    4,448   +   40,818      930,122
Reverse repurchase agreements (18)                           65,714   +    4,671   -   18,728       70,450
  Foreign official and international accounts                65,714   +    4,671   -   18,728       70,450
  Dealers                                                         0            0            0            0
Treasury cash holdings                                          232   +        3   -       18          232
Deposits with F.R. Banks, other than reserve balances       147,180   +   31,651   -  250,646      186,889       
  U.S. Treasury, general account                            118,523   +   23,572   +    4,294      149,819
  U.S. Treasury, supplementary financing account             11,428   -    3,572   -  252,172        5,001
  Foreign official                                            2,340   +      396   +    1,835        2,269
  Service-related                                             3,025            0   -    1,361        3,025
    Required clearing balances                                3,025            0   -    1,361        3,025
    Adjustments to compensate for float                           0            0            0            0
  Other                                                      11,863   +   11,254   -    3,243       26,774
Other liabilities and capital (19)                           66,834   -      906   +   15,518       65,762

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                1,209,528   +   39,867   -  213,058    1,253,455

Reserve balances with Federal Reserve Banks               1,069,368   -   34,208   +  221,542    1,024,848
                                                                
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 credit extended through the Primary Dealer Credit Facility and credit extended to certain
   other broker-dealers.
7. Includes outstanding principal and capitalized interest net of unamortized deferred commitment fees and 
   allowance for loan restructuring.  Excludes credit extended to consolidated LLCs.
8. Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the Term 
   Asset-Backed Securities Loan Facility, net of unamortized deferred administrative fees.
9. Refer to table 7 and the note on consolidation accompanying table 11.
10. Refer to table 4 and the note on consolidation accompanying table 11.
11. Refer to table 5 and the note on consolidation accompanying table 11.
12. Refer to table 6 and the note on consolidation accompanying table 11.
13. Refer to table 8 and the note on consolidation accompanying table 11.
14. Refer to table 9.
15. 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.
16. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates,
    and accrued dividends on the Federal Reserve Bank of New York's preferred interests in AIA Aurora LLC and 
    ALICO Holdings LLC.
17. Estimated.
18. Cash value of agreements, which are collateralized by U.S. Treasury securities and federal agency debt 
    securities.
19. 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
Memorandum item                                           Week ended   Change from week ended     Wednesday
                                                         Dec 30, 2009 Dec 23, 2009 Dec 31, 2008 Dec 30, 2009

Marketable securities held in custody for foreign
      official and international accounts (1)             2,955,294   -    2,420   +  438,831    2,959,151
  U.S. Treasury securities                                2,186,283   -      989   +  486,846    2,189,546
  Federal agency securities (2)                             769,012   -    1,430   -   48,014      769,605
Securities lent to dealers                                    9,314   +      821   -  170,348       15,236   
  Overnight facility (3)                                      9,314   +      821   +    2,823       15,236
    U.S. Treasury securities                                  8,549   +      921   +    2,058       14,482
    Federal agency debt securities                              764   -      101   +      764          754
  Term facility (4)                                               0            0   -  173,171            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 Term Auction Credit, Other Loans, and Securities,  December 30, 2009
Millions of dollars

Remaining maturity                 Within 15  16 days to  91 days to  Over 1 year  Over 5 years  Over 10       All
                                      days     90 days      1 year     to 5 years   to 10 years   years 
Term auction credit                   75,918           0         ---          ---           ---        ---      75,918
Other loans (1)                       15,663       4,471            0      69,565             0        ---      89,699
U.S. Treasury securities (2) 
  Holdings                            18,138      21,837       49,801     329,287       212,771    144,752     776,587
  Weekly changes                  +    2,156  -    2,156   +        1  +        3    +        2 +        4  +       11
Federal agency debt securities (3) 
  Holdings                                 0       3,114       21,528      99,402        33,788      2,047     159,879
  Weekly changes                           0           0            0           0             0          0           0
Mortgage-backed securities (4)    
  Holdings                                 0           0            0           0             0    908,257     908,257
  Weekly changes                           0           0            0           0             0 -    2,176  -    2,176
Commercial paper held by
  Commercial Paper Funding 
  Facility LLC (5)                         0       9,440            0         ---           ---        ---       9,440
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)      10,272           0            0           0             0          0      10,272

Reverse repurchase agreements (7)     70,450           0          ---         ---           ---        ---      70,450
  
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                                                                                    Dec 30, 2009

Mortgage-backed securities held outright (1)                                                       908,257

Commitments to buy mortgage-backed securities (2)                                                  154,984
Commitments to sell mortgage-backed securities (2)                                                       0

Cash and cash equivalents (3)                                                                          910

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                                                                                    Dec 30, 2009
         
Net portfolio holdings of Maiden Lane LLC (1)                                                       26,667

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)                                   413
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)        1,248
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if
   the transaction were to be conducted in an orderly market on the measurement date.  Revalued quarterly. 
   This table reflects valuations as of September 30, 2009.  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                                                                                     Dec 30, 2009

Net portfolio holdings of Maiden Lane II LLC (1)                                                     15,697

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            15,739
Accrued interest payable to the Federal Reserve Bank of New York (2)                                    265
Deferred payment and accrued interest payable to subsidiaries of American International 
  Group, Inc. (3)                                                                                     1,037

1. Fair value.  Fair value reflects an estimate of the price that would be received upon selling an asset if 
   the transaction were to be conducted in an orderly market on the measurement date.  Revalued quarterly.  
   This table reflects valuations as of September 30, 2009.  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                                                                                     Dec 30, 2009

Net portfolio holdings of Maiden Lane III LLC (1)                                                    22,660

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            18,159
Accrued interest payable to the Federal Reserve Bank of New York (2)                                    340
Outstanding principal amount and accrued interest on loan payable to American International
  Group, Inc. (3)                                                                                     5,193

1. Fair value.  Fair value reflects an estimate of the price that would be received upon selling an asset if 
   the transaction were to be conducted in an orderly market on the measurement date.  Revalued quarterly.  
   This table reflects valuations as of September 30, 2009.  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                                                                                     Dec 30, 2009

Commercial paper holdings, net (1)                                                                    9,248
Other investments, net                                                                                4,823
Net portfolio holdings of Commercial Paper Funding Facility LLC                                      14,072

Memorandum: Commercial paper holdings, face value                                                     9,440

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)             9,374
Accrued interest payable to the Federal Reserve Bank of New York (2)                                      4

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                                                                                     Dec 30, 2009

Asset-backed securities holdings (1)                                                                      0
Other investments, net                                                                                  298
Net portfolio holdings of TALF LLC                                                                      298

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)                   103

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                                                                                     Dec 30, 2009

Preferred interests in AIA Aurora LLC and ALICO Holdings LLC (1)                                     25,000
Accrued dividends on preferred interests in AIA Aurora LLC and ALICO Holdings LLC (2)                   103

Preferred interests in AIA Aurora LLC (1)                                                            16,000
Accrued dividends on preferred interests in AIA Aurora LLC (2)                                           66

Preferred interests in ALICO Holdings LLC (1)                                                         9,000
Accrued dividends on preferred interests in ALICO Holdings LLC (2)                                       37

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                          Change since
                                                     from       Wednesday        Wednesday        Wednesday
Assets, liabilities, and capital                consolidation Dec 30, 2009     Dec 23, 2009     Dec 31, 2008

Assets
Gold certificate account                                           11,037                0                0
Special drawing rights certificate account                          5,200                0       +    3,000
Coin                                                                2,047       -        4       +      359
Securities, repurchase agreements, term auction
      credit, and other loans                                   2,010,339       -      444       +  790,616
  Securities held outright (1)                                  1,844,722       -    2,165       +1,349,093
    U.S. Treasury securities                                      776,587       +       11       +  300,666       
      Bills (2)                                                    18,423                0                0
      Notes and bonds, nominal (2)                                707,649                0       +  297,158
      Notes and bonds, inflation-indexed (2)                       44,643                0       +    3,572
      Inflation compensation (3)                                    5,873       +       11       -       63
    Federal agency debt securities (2)                            159,879                0       +  140,171
    Mortgage-backed securities (4)                                908,257       -    2,176       +  908,257
  Repurchase agreements (5)                                             0                0       -   80,000    
  Term auction credit                                              75,918                0       -  374,301
  Other loans                                                      89,699       +    1,721       -  104,175
Net portfolio holdings of Commercial Paper 
  Funding Facility LLC (6)                                         14,072       +       17       -  320,030
Net portfolio holdings of Maiden Lane LLC (7)                      26,667       +       82       -      356
Net portfolio holdings of Maiden Lane II LLC (8)                   15,697       +      116       -    4,420
Net portfolio holdings of 
  Maiden Lane III LLC (9)                                          22,660       +       10       -    4,125
Net portfolio holdings of TALF LLC (10)                               298                0       +      298
Preferred interests in AIA Aurora LLC and 
  ALICO Holdings LLC (11)                                          25,000                0       +   25,000
Items in process of collection                         (242)          277       -       96       -      702
Bank premises                                                       2,249       +        4       +       55
Central bank liquidity swaps (12)                                  10,272                0       -  543,456
Other assets (13)                                                  91,443       -    1,430       +   50,073
     
      Total assets                                     (242)    2,237,258       -    1,745       -    3,688

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                          Change since
                                                     from       Wednesday        Wednesday        Wednesday
Assets, liabilities, and capital                consolidation Dec 30, 2009     Dec 23, 2009     Dec 31, 2008
                         
Liabilities
Federal Reserve notes, net of F.R. Bank holdings                  889,678       +      893       +   36,510
Reverse repurchase agreements (14)                                 70,450       +    9,725       -   17,902
Deposits                                                 (0)    1,209,135       -   11,234       -   38,899       
  Depository institutions                                       1,025,271       -   57,249       +  165,271
  U.S. Treasury, general account                                  149,819       +   30,380       +   43,696
  U.S. Treasury, supplementary financing account                    5,001       -    9,999       -  254,324
  Foreign official                                                  2,269       -       26       +      904
  Other                                                  (0)       26,774       +   25,659       +    5,553
Deferred availability cash items                       (242)        2,233       -      227       -      238
Other liabilities and accrued dividends (15)                       13,642       -      897       +    6,872

      Total liabilities                                (242)    2,185,139       -    1,739       -   13,655
                          
Capital accounts
Capital paid in                                                    25,645       +        2       +    4,569
Surplus                                                            21,482       +        9       +      406
Other capital accounts                                              4,993       -       15       +    4,993

      Total capital                                                52,119       -        5       +    9,967

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,
    and accrued dividends on the Federal Reserve Bank of New York's preferred interests in AIA Aurora LLC and 
    ALICO Holdings LLC.
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,  December 30, 2009
Millions of dollars
                                                                                                                                                            Kansas                San
Assets, liabilities, and capital               Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City     Dallas   Francisco

Assets                        
Gold certificate account                      11,037        412      3,895        450        467        882      1,356        911        329        197        335        621      1,182
Special drawing rights certificate acct.       5,200        196      1,818        210        237        412        654        424        150         90        153        282        574
Coin                                           2,047         64         77        166        153        293        222        300         32         62        140        213        326
Securities, repurchase agreements, term
      auction credit, and other loans      2,010,339     39,554    867,691     30,351     73,634     67,562    222,792    202,008     72,950     30,788     84,234     89,604    229,171
  Securities held outright (1)             1,844,722     35,387    721,057     28,619     72,881     66,478    222,264    199,619     72,269     30,540     83,269     89,195    223,144
    U.S. Treasury securities                 776,587     14,897    303,549     12,048     30,681     27,986     93,568     84,035     30,424     12,857     35,054     37,549     93,938
      Bills (2)                               18,423        353      7,201        286        728        664      2,220      1,994        722        305        832        891      2,228
      Notes and bonds (3)                    758,164     14,544    296,348     11,762     29,954     27,322     91,348     82,042     29,702     12,552     34,223     36,658     91,710
    Federal agency debt securities (2)       159,879      3,067     62,493      2,480      6,317      5,762     19,263     17,301      6,263      2,647      7,217      7,730     19,339
    Mortgage-backed securities (4)           908,257     17,423    355,015     14,091     35,883     32,731    109,432     98,283     35,582     15,037     40,998     43,916    109,866
  Repurchase agreements (5)                        0          0          0          0          0          0          0          0          0          0          0          0          0
  Term auction credit                         75,918      4,052     58,254      1,613        751        995        363      1,934        593        214        941        390      5,818     
  Other loans                                 89,699        114     88,381        119          1         90        166        454         87         34         24         19        210
Net portfolio holdings of Commercial
  Paper Funding Facility LLC (6)              14,072          0     14,072          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of Maiden Lane 
  LLC (7)                                     26,667          0     26,667          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of Maiden
  Lane II LLC (8)                             15,697          0     15,697          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of Maiden
  Lane III LLC (9)                            22,660          0     22,660          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of TALF LLC (10)          298          0        298          0          0          0          0          0          0          0          0          0          0
Preferred interests in AIA Aurora LLC
  and ALICO Holdings LLC (11)                 25,000          0     25,000          0          0          0          0          0          0          0          0          0          0
Items in process of collection                   519         23          0         61        125          9         94         33         33         27         25         43         44
Bank premises                                  2,249        121        265         71        145        238        221        207        135        111        268        254        214
Central bank liquidity swaps (12)             10,272        411      2,733      1,128        756      2,915        785        343        102        158        101        132        706
Other assets (13)                             91,443      2,310     32,631      3,863      4,468      9,705      9,835      7,897      2,825      1,501      3,213      3,516      9,681
Interdistrict settlement account                   0  +   8,780  + 128,482  +  34,638  -  23,618  + 187,135  -  87,495  -  93,478  -  37,400  -   9,121  -  38,056  -  21,190  -  48,677

      Total assets                         2,237,500     51,871  1,141,985     70,937     56,368    269,151    148,464    118,645     39,155     23,813     50,413     73,476    193,221

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,  December 30, 2009 (continued)
Millions of dollars
                                                                                                                                                            Kansas                 San
Assets, liabilities, and capital                Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis  City      Dallas   Francisco

Liabilities                         
Federal Reserve notes outstanding           1,081,206     35,851    398,485     38,633     44,940     82,472    136,062     85,536     31,087     19,368     28,793     63,059    116,921
  Less: Notes held by F.R. Banks              191,528      3,508     71,680      5,545      7,434      9,888     32,448     11,934      4,028      2,577      2,986     13,533     25,968
    Federal Reserve notes, net                889,678     32,343    326,805     33,087     37,506     72,584    103,614     73,603     27,059     16,791     25,807     49,526     90,954
Reverse repurchase agreements (14)             70,450      1,351     27,537      1,093      2,783      2,539      8,488      7,623      2,760      1,166      3,180      3,406      8,522
Deposits                                    1,209,135     15,999    763,264     30,913     11,496    179,268     31,986     35,103      8,440      3,820     20,563     19,266     89,017
  Depository institutions                   1,025,271     15,987    579,538     30,909     11,491    179,197     31,983     35,070      8,437      3,819     20,562     19,265     89,013
  U.S. Treasury, general account              149,819          0    149,819          0          0          0          0          0          0          0          0          0          0
  U.S. Treasury, supplementary
    financing account                           5,001          0      5,001          0          0          0          0          0          0          0          0          0          0
  Foreign official                              2,269          2      2,240          4          3         11          3          1          0          1          0          1          3
  Other                                        26,774         10     26,666          0          1         60          0         32          3          0          1          0          1
Deferred availability cash items                2,475         67          0        247        377         88        247        192         82        419        112        169        474
Other liabilities and accrued                 
  dividends (15)                               13,642        204      8,804        261        350        691        804        675        288        177        283        351        754
   
      Total liabilities                     2,185,380     49,964  1,126,411     65,602     52,512    255,170    145,139    117,196     38,629     22,373     49,944     72,719    189,721
                              
Capital                    
Capital paid in                                25,645        944      7,442      2,802      1,910      7,140      1,581        624        240        712        210        353      1,687
Surplus                                        21,482        844      6,009      2,317      1,551      5,983      1,612        704        209        324        207        271      1,450
Other capital                                   4,993        118      2,124        217        394        858        132        121         77        404         51        133        363

      Total liabilities and capital         2,237,500     51,871  1,141,985     70,937     56,368    269,151    148,464    118,645     39,155     23,813     50,413     73,476    193,221
                              
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,  December 30, 2009 (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, and accrued dividends on the Federal Reserve Bank of New York's 
    preferred interests in AIA Aurora LLC and ALICO Holdings LLC.
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

Federal Reserve notes and collateral                                                              Wednesday
                                                                                                Dec 30, 2009
              
Federal Reserve notes outstanding                                                                1,081,206
  Less: Notes held by F.R. Banks not subject to collateralization                                  191,528
    Federal Reserve notes to be collateralized                                                     889,678 
Collateral held against Federal Reserve notes                                                      889,678
  Gold certificate account                                                                          11,037
  Special drawing rights certificate account                                                         5,200
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                         873,441
  Other assets pledged                                                                                   0

Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                           1,844,722
  Less: Face value of securities under reverse repurchase agreements                                70,403
    U.S. Treasury, agency debt, and mortgage-backed securities
    eligible to be pledged                                                                       1,774,320
   
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.