FEDERAL RESERVE statistical release

For Release at

4:30 P.M. EDT 

June 12, 2014

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

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

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

The revised data are reported at the following 

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

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

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

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and 

Condition Statement of Federal Reserve Banks October 17, 2013

1. Factors Affecting Reserve Balances of Depository Institutions

Millions of dollars

Averages of daily figures

Change from week ended

Reserve Bank credit, related items, and

reserve balances of depository institutions at 

Federal Reserve Banks

Week ended

Oct 16, 2013 Oct 9, 2013 Oct 17, 2012

Wednesday

Oct 16, 2013

Reserve Bank credit 3,762,043 + 51,143 + 969,570 3,769,941

Securities held outright1 3,534,305 + 48,492 + 939,086 3,542,947

U.S. Treasury securities 2,089,236 + 6,221 + 439,111 2,095,034

Bills2 0 0 0 0

Notes and bonds, nominal2 1,987,349 + 4,905 + 420,373 1,992,923

Notes and bonds, inflation-indexed2 88,392 + 1,183 + 15,537 88,589

Inflation compensation3 13,496 + 134 + 3,202 13,522

Federal agency debt securities2 60,513 - 139 - 22,233 60,165

Mortgage-backed securities4 1,384,556 + 42,409 + 522,207 1,387,748

Unamortized premiums on securities held outright5 204,995 + 942 + 47,070 205,223

Unamortized discounts on securities held outright5 -7,807 - 337 - 6,146 -7,888

Repurchase agreements6 0 0 0 0

Loans 237 0 - 1,259 252

Primary credit 10 + 3 - 2 26

Secondary credit 0 0 0 0

Seasonal credit 127 - 3 + 66 126

Term Asset-Backed Securities Loan Facility7 101 0 - 1,322 101

Other credit extensions 0 0 0 0

Net portfolio holdings of Maiden Lane LLC8 1,493 0 - 214 1,493

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

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

Net portfolio holdings of TALF LLC11 111 0 - 742 111

Float -797 - 69 - 75 -1,279

Central bank liquidity swaps12 272 + 40 - 12,605 272

Other Federal Reserve assets13 29,148 + 2,076 + 4,452 28,723

Foreign currency denominated assets14 24,144 - 175 - 1,696 24,051

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding15 45,357 + 14 + 693 45,357

Total factors supplying reserve funds 3,847,785 + 50,982 + 968,567 3,855,590

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

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

Millions of dollars

Averages of daily figures

Change from week ended

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Week ended

Oct 16, 2013 Oct 9, 2013 Oct 17, 2012

Wednesday

Oct 16, 2013

Currency in circulation15 1,216,174 + 5,545 + 80,599 1,216,321

Reverse repurchase agreements16 102,518 + 4,267 + 5,302 105,655

Foreign official and international accounts 100,697 + 3,632 + 3,481 102,685

Others 1,821 + 635 + 1,821 2,970

Treasury cash holdings 179 + 1 + 47 183

Deposits with F.R. Banks, other than reserve balances 91,353 + 28,990 - 3,485 85,764

Term deposits held by depository institutions 0 - 11,662 0 0

U.S. Treasury, General Account 35,301 + 6,573 - 23,172 31,866

Foreign official 8,803 - 86 + 3,232 8,802

Other 47,249 + 34,165 + 16,455 45,096

Other liabilities and capital17 66,618 + 626 - 1,744 64,240

Total factors, other than reserve balances,

absorbing reserve funds 1,476,841 + 39,428 + 80,718 1,472,163

Reserve balances with Federal Reserve Banks 2,370,944 + 11,554 + 887,849 2,383,427

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

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

2. Face value of the securities.

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

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

the securities.

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

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

amortization is on an effective-interest basis.

6. Cash value of agreements.

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

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

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

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

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

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

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

foreign central bank.

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

premises and equipment net of allowances for depreciation.

14. Revalued daily at current foreign currency exchange rates.

15. Estimated.

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

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

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

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

table 9.

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

1A. Memorandum Items

Millions of dollars

Averages of daily figures

Memorandum item Week ended Change from week ended

Oct 16, 2013 Oct 9, 2013 Oct 17, 2012

Wednesday

Oct 16, 2013

Securities held in custody for foreign official and international

accounts 3,308,207 + 14,595 + 120,039 3,323,265

Marketable U.S. Treasury securities1 2,952,057 + 15,159 + 131,722 2,967,138

Federal agency debt and mortgage-backed securities2 316,407 - 1,511 - 13,384 316,333

Other securities3 39,743 + 947 + 1,702 39,794

Securities lent to dealers 15,371 + 2,461 + 8,908 18,319

Overnight facility4 15,371 + 2,461 + 8,908 18,319

U.S. Treasury securities 14,205 + 2,343 + 8,259 17,357

Federal agency debt securities 1,166 + 119 + 649 962

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

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

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

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

securities.

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

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

2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, October 16, 2013

Millions of dollars

Remaining Maturity Within 15

days

16 days to

90 days

91 days to

1 year

Over 1 year

to 5 years

Over 5 year

to 10 years

Over 10

years

All

Loans1 87 65 49 52 0 ... 252

U.S. Treasury securities2

Holdings 1 3 385 662,721 889,601 542,323 2,095,034

Weekly changes + 1 - 1 0 + 3,223 + 1,993 + 3,077 + 8,293

Federal agency debt securities3

Holdings 1,085 3,423 15,957 37,291 62 2,347 60,165

Weekly changes - 487 0 + 306 - 306 0 0 - 487

Mortgage-backed securities4

Holdings 0 0 1 3 2,618 1,385,127 1,387,748

Weekly changes 0 0 + 1 + 1 + 66 + 45,522 + 45,589

Asset-backed securities held by

TALF LLC5 0 0 0 0 0 0 0

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

Central bank liquidity swaps7 0 272 0 0 0 0 272

Reverse repurchase agreements6 105,655 0 ... ... ... ... 105,655

Term deposits 0 0 0 ... ... ... 0

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

...Not applicable.

1. Excludes the loans from the Federal Reserve Bank of New York (FRBNY) to Maiden Lane LLC, Maiden Lane II LLC, Maiden

Lane III LLC, and TALF LLC. The loans were eliminated when preparing the FRBNY’s statement of condition consistent with consolidation

under generally accepted accounting principles.

2. Face value. For inflation-indexed securities, includes the original face value and compensation that adjusts for the effect of inflation on the

original face value of such securities.

3. Face value.

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

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

6. Cash value of agreements.

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

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

central bank.
H.4.1

3. Supplemental Information on Mortgage-Backed Securities

Millions of dollars

Wednesday Account name Oct 16, 2013

Mortgage-backed securities held outright1 1,387,748

Commitments to buy mortgage-backed securities2 61,265

Commitments to sell mortgage-backed securities2 0

Cash and cash equivalents3 189

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

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

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

4. Information on Principal Accounts of Maiden Lane LLC

Millions of dollars

Wednesday Account name Oct 16, 2013

Net portfolio holdings of Maiden Lane LLC1 1,493

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

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

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

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

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

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

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

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

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

table 8 and table 9.

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

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

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

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

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

5. Information on Principal Accounts of Maiden Lane II LLC

Millions of dollars

Wednesday Account name Oct 16, 2013

Net portfolio holdings of Maiden Lane II LLC1 64

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

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

Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc.3 0

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

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

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

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

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

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

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

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

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

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

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

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

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

subsidiaries.
H.4.1

6. Information on Principal Accounts of Maiden Lane III LLC

Millions of dollars

Wednesday Account name Oct 16, 2013

Net portfolio holdings of Maiden Lane III LLC1 22

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

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

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

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

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

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

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

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

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

table 8 and table 9.

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

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

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

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

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

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

7. Information on Principal Accounts of TALF LLC

Millions of dollars

Wednesday Account name Oct 16, 2013

Asset-backed securities holdings1 0

Other investments, net 111

Net portfolio holdings of TALF LLC 111

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

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

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

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

market on the measurement date.

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

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

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

and table 9.

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

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

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

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

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

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

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

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

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

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

the U.S. Treasury.
H.4.1

8. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Assets, liabilities, and capital Wednesday Wednesday Eliminations from

consolidation

Wednesday

Oct 16, 2013 Oct 9, 2013 Oct 17, 2012

Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 5,200 0 0

Coin 1,985 - 15 - 187

Securities, unamortized premiums and discounts,

repurchase agreements, and loans 3,740,535 + 54,335 + 978,033

Securities held outright1 3,542,947 + 53,395 + 938,813

U.S. Treasury securities 2,095,034 + 8,293 + 435,950

Bills2 0 0 0

Notes and bonds, nominal2 1,992,923 + 6,762 + 417,227

Notes and bonds, inflation-indexed2 88,589 + 1,380 + 15,555

Inflation compensation3 13,522 + 150 + 3,168

Federal agency debt securities2 60,165 - 487 - 22,581

Mortgage-backed securities4 1,387,748 + 45,589 + 525,444

Unamortized premiums on securities held outright5 205,223 + 1,184 + 46,668

Unamortized discounts on securities held outright5 -7,888 - 252 - 6,226

Repurchase agreements6 0 0 0

Loans 252 + 6 - 1,223

Net portfolio holdings of Maiden Lane LLC7 1,493 0 - 61

Net portfolio holdings of Maiden Lane II LLC8 64 0 + 3

Net portfolio holdings of Maiden Lane III LLC9 22 0 - 1

Net portfolio holdings of TALF LLC10 111 0 - 742

Items in process of collection (0) 101 - 50 - 38

Bank premises 2,285 + 1 - 62

Central bank liquidity swaps11 272 + 86 - 12,605

Foreign currency denominated assets12 24,051 - 186 - 1,922

Other assets13 26,443 + 765 + 4,261

Total assets (0) 3,813,599 + 54,936 + 966,679

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

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

Millions of dollars

Change since

Assets, liabilities, and capital Wednesday Wednesday Eliminations from

consolidation

Wednesday

Oct 16, 2013 Oct 9, 2013 Oct 17, 2012

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 1,173,127 + 2,215 + 79,286

Reverse repurchase agreements14 105,655 + 6,570 + 4,348

Deposits (0) 2,469,196 + 46,509 + 883,647

Term deposits held by depository institutions 0 - 11,662 0

Other deposits held by depository institutions 2,383,431 + 20,532 + 877,182

U.S. Treasury, General Account 31,866 + 8,473 - 36,734

Foreign official 8,802 - 75 + 3,241

Other (0) 45,096 + 29,239 + 39,957

Deferred availability cash items (0) 1,380 + 511 + 539

Other liabilities and accrued dividends15 9,347 - 887 - 1,296

Total liabilities (0) 3,758,705 + 54,918 + 966,524

Capital accounts

Capital paid in 27,447 + 9 + 78

Surplus 27,447 + 9 + 78

Other capital accounts 0 0 0

Total capital 54,893 + 17 + 155

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

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

2. Face value of the securities.

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

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

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

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

amortization is on an effective-interest basis.

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

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

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

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

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

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

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

central bank.

12. Revalued daily at current foreign currency exchange rates.

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

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

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

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

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

9. Statement of Condition of Each Federal Reserve Bank, October 16, 2013

Millions of dollars

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

Assets

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

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

Coin 1,985 36 89 129 134 339 204 285 28 48 159 184 351

Securities, unamortized premiums and

discounts, repurchase agreements,

and loans 3,740,535 97,825 2,074,241 108,372 95,523 232,574 248,473 202,132 60,203 35,540 70,783 145,255 369,615

Securities held outright1 3,542,947 92,645 1,964,709 102,654 90,483 220,303 235,353 191,448 57,007 33,620 67,029 137,581 350,114

U.S. Treasury securities 2,095,034 54,783 1,161,782 60,702 53,505 130,271 139,170 113,208 33,710 19,880 39,636 81,355 207,031

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

Notes and bonds3 2,095,034 54,783 1,161,782 60,702 53,505 130,271 139,170 113,208 33,710 19,880 39,636 81,355 207,031

Federal agency debt securities2 60,165 1,573 33,364 1,743 1,537 3,741 3,997 3,251 968 571 1,138 2,336 5,946

Mortgage-backed securities4 1,387,748 36,288 769,563 40,209 35,442 86,291 92,186 74,989 22,329 13,169 26,255 53,890 137,137

Unamortized premiums on securities 

held outright5 205,223 5,366 113,805 5,946 5,241 12,761 13,633 11,090 3,302 1,947 3,883 7,969 20,280

Unamortized discounts on securities 

held outright5 -7,888 -206 -4,374 -229 -201 -490 -524 -426 -127 -75 -149 -306 -779

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

Loans 252 20 101 0 0 0 11 20 20 48 21 11 0

Net portfolio holdings of Maiden

Lane LLC7 1,493 0 1,493 0 0 0 0 0 0 0 0 0 0

Net portfolio holdings of Maiden

Lane II LLC8 64 0 64 0 0 0 0 0 0 0 0 0 0

Net portfolio holdings of Maiden

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

Net portfolio holdings of TALF LLC10 111 0 111 0 0 0 0 0 0 0 0 0 0

Items in process of collection 101 0 0 0 0 0 101 0 0 0 0 0 0

Bank premises 2,285 118 428 73 112 229 211 202 127 100 248 233 205

Central bank liquidity swaps11 272 13 87 21 21 57 15 8 2 1 3 4 39

Foreign currency denominated assets12 24,051 1,182 7,691 1,860 1,876 5,050 1,370 686 200 101 243 382 3,411

Other assets13 26,443 729 14,236 776 686 1,828 1,763 1,427 484 311 524 1,091 2,588

Interdistrict settlement account 0 - 10,870 + 212,468 - 29,612 - 11,309 - 18,836 - 46,701 - 52,571 - 16,789 - 15,400 - 25,405 - 35,421 + 50,446

Total assets 3,813,599 89,620 2,316,672 82,226 87,792 222,509 207,511 153,384 44,715 20,981 47,017 112,737 428,434

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

9. Statement of Condition of Each Federal Reserve Bank, October 16, 2013 (continued)

Millions of dollars

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

Liabilities

Federal Reserve notes outstanding 1,471,157 46,329 542,545 44,311 61,397 111,494 180,288 94,959 37,041 23,219 38,702 120,811 170,062

Less: Notes held by F.R. Banks 298,030 11,911 77,101 8,653 9,208 13,012 30,544 22,861 4,573 10,553 12,783 58,826 38,005

Federal Reserve notes, net 1,173,127 34,418 465,444 35,658 52,189 98,482 149,744 72,098 32,468 12,666 25,919 61,985 132,057

Reverse repurchase agreements14 105,655 2,763 58,590 3,061 2,698 6,570 7,019 5,709 1,700 1,003 1,999 4,103 10,441

Deposits 2,469,196 49,556 1,770,543 38,996 28,228 105,249 45,671 73,515 9,863 6,755 18,322 45,336 277,161

Term deposits held by depository

institutions 0 0 0 0 0 0 0 0 0 0 0 0 0

Other deposits held by depository

institutions 2,383,431 49,553 1,685,134 38,936 28,225 105,011 45,659 73,492 9,863 6,755 18,320 45,334 277,148

U.S. Treasury, General Account 31,866 0 31,866 0 0 0 0 0 0 0 0 0 0

Foreign official 8,802 2 8,775 3 3 8 2 1 0 0 0 1 6

Other 45,096 1 44,768 57 0 229 10 21 0 0 1 1 7

Deferred availability cash items 1,380 0 19 0 0 0 1,210 0 0 151 0 0 0

Interest on Federal Reserve notes due

to U.S. Treasury15 1,313 21 828 20 11 25 96 82 24 11 28 61 103

Other liabilities and accrued

dividends16 8,034 264 3,774 312 306 752 571 468 196 162 186 339 704

Total liabilities 3,758,705 87,022 2,299,199 78,048 83,433 211,077 204,310 151,873 44,251 20,748 46,454 111,824 420,466

Capital

Capital paid in 27,447 1,299 8,737 2,089 2,179 5,716 1,600 756 232 116 281 457 3,984

Surplus 27,447 1,299 8,737 2,089 2,179 5,716 1,600 756 232 116 281 457 3,984

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

Total liabilities and capital 3,813,599 89,620 2,316,672 82,226 87,792 222,509 207,511 153,384 44,715 20,981 47,017 112,737 428,434

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

9. Statement of Condition of Each Federal Reserve Bank, October 16, 2013 (continued)

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

2. Face value of the securities.

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

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

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

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

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

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

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

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

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

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

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

12. Revalued daily at current foreign currency exchange rates.

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

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

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

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

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

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

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

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

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

Note on consolidation:

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

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

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

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

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

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

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

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

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

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

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

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

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

Millions of dollars

Wednesday Federal Reserve notes and collateral Oct 16, 2013

Federal Reserve notes outstanding 1,471,157

Less: Notes held by F.R. Banks not subject to collateralization 298,030

Federal Reserve notes to be collateralized 1,173,127

Collateral held against Federal Reserve notes 1,173,127

Gold certificate account 11,037

Special drawing rights certificate account 5,200

U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 1,156,891

Other assets pledged 0

Memo:

Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 3,542,947

Less: Face value of securities under reverse repurchase agreements 97,972

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 3,444,975

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

1. Includes face value of U.S. Treasury, agency debt, and mortgage-backed securities held outright, compensation to

adjust for the effect of inflation on the original face value of inflation-indexed securities, and cash value of repurchase

agreements.

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