For release at
4:30 P.M. EDT
November 1, 2012

The weekly average values, shown in table 1, reflect the September 30, 2012, quarterly updates to the
fair values of the net portfolio holdings of Maiden Lane LLC and the fair value adjustment of the
Term Asset-Backed Securities Loan Facility, or TALF, which is included in "Other Federal Reserve
assets."  The amounts for the first six days of this reporting week are based on the values as of June
30, 2012, and the amounts for the last day of the reporting week are based on the values as of
September 30, 2012.


FEDERAL RESERVE statistical release
H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                             November 1, 2012
 
1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and                         Averages of daily figures         Wednesday  
reserve balances of depository institutions at             Week ended   Change from week ended   Oct 31, 2012
Federal Reserve Banks                                     Oct 31, 2012 Oct 24, 2012  Nov 2, 2011
 
Reserve Bank credit                                        2,810,656   -   18,435   -    6,790    2,805,301
  Securities held outright (1)                             2,584,211   -   19,036   -   39,003    2,579,274
    U.S. Treasury securities                               1,650,297   -    1,985   -   15,988    1,645,334
      Bills (2)                                                    0            0   -   18,423            0
      Notes and bonds, nominal (2)                         1,568,019   -    1,358   -    2,354    1,563,019
      Notes and bonds, inflation-indexed (2)                  71,944   -      622   +    4,234       71,944
      Inflation compensation (3)                              10,334   -        5   +      554       10,371
    Federal agency debt securities (2)                        81,902   -      844   -   25,766       81,902
    Mortgage-backed securities (4)                           852,013   -   16,206   +    2,752      852,039
  Repurchase agreements (5)                                        0            0            0            0
  Loans                                                        1,317   -       92   -    9,577        1,262
    Primary credit                                                26   +       22   +        3           37
    Secondary credit                                               0            0            0            0
    Seasonal credit                                               48            0   +       16           48
    Term Asset-Backed Securities Loan Facility (6)             1,243   -      114   -    9,595        1,177
    Other credit extensions                                        0            0            0            0
  Net portfolio holdings of Maiden Lane LLC (7)                1,561   +        6   -   11,378        1,572
  Net portfolio holdings of Maiden Lane II LLC (8)                61            0   -    9,392           61
  Net portfolio holdings of Maiden Lane III LLC (9)               23            0   -   17,996           23
  Net portfolio holdings of TALF LLC (10)                        855   +        1   +       61          855
  Float                                                         -593   -       33   +      324         -930
  Central bank liquidity swaps (11)                           12,903   +      726   +   11,050       12,903
  Other Federal Reserve assets (12)                          210,319   -        6   +   69,122      210,282
Gold stock                                                    11,041            0            0       11,041
Special drawing rights certificate account                     5,200            0            0        5,200
Treasury currency outstanding (13)                            44,704   +       14   +      581       44,704

Total factors supplying reserve funds                      2,871,601   -   18,421   -    6,209    2,866,246
 
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   Oct 31, 2012
Federal Reserve Banks                                     Oct 31, 2012 Oct 24, 2012  Nov 2, 2011
 
Currency in circulation (13)                               1,136,787   +    2,442   +   91,466    1,141,983
Reverse repurchase agreements (14)                            98,975   +    4,539   +    7,974       99,748
  Foreign official and international accounts                 98,975   +    4,539   +    7,974       99,748
  Others                                                           0            0            0            0
Treasury cash holdings                                           143   +        8   +       21          146
Deposits with F.R. Banks, other than reserve balances         74,260   -   41,491   -   26,681      123,616
  Term deposits held by depository institutions                    0            0            0            0
  U.S. Treasury, General Account                              53,905   -    8,833   -    3,870       99,966
  U.S. Treasury, Supplementary Financing Account                   0            0            0            0
  Foreign official                                             5,898   +      915   +    5,769        5,991
  Service-related                                                  0            0   -    2,507            0
    Required clearing balances                                     0            0   -    2,507            0
    Adjustments to compensate for float                            0            0            0            0
  Other                                                       14,457   -   33,573   -   26,073       17,660
Other liabilities and capital (15)                            67,023   -      982   -    1,472       66,353

Total factors, other than reserve balances,
   absorbing reserve funds                                 1,377,188   -   35,484   +   71,308    1,431,847

Reserve balances with Federal Reserve Banks                1,494,414   +   17,064   -   77,516    1,434,399
 
Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.
2. Face value of the securities.
3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed
   securities.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the
   remaining principal balance of the underlying mortgages.
5. Cash value of agreements.
6. Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the Term
   Asset-Backed Securities Loan Facility.
7. Refer to table 4 and the note on consolidation accompanying table 9.
8. Refer to table 5 and the note on consolidation accompanying table 9.
9.  Refer to table 6 and the note on consolidation accompanying table 9.
10. Refer to table 7 and the note on consolidation accompanying table 9.
11. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when
    the foreign currency is returned to the foreign central bank. This exchange rate equals the market
    exchange rate used when the foreign currency was acquired from the foreign central bank.
12. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange
    rates, and the fair value adjustment to credit extended by the FRBNY to eligible borrowers through the
    Term Asset-Backed Securities Loan Facility.
13. Estimated.
14. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt
    securities, and mortgage-backed securities.
15. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to
    entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only
    to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation
    accompanying table 9. Also includes the liability for interest on Federal Reserve notes due to U.S.
    Treasury. Refer to table 8 and table 9.

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.

 
1A. Memorandum Items
Millions of dollars
                                                                Averages of daily figures         Wednesday  
                                                           Week ended   Change from week ended   Oct 31, 2012
Memorandum item                                           Oct 31, 2012 Oct 24, 2012  Nov 2, 2011
 
Marketable securities held in custody for foreign
   official and international accounts (1)                 3,609,118   -       82   +  213,627    3,616,831
  U.S. Treasury securities                                 2,912,254   -      185   +  237,795    2,920,582
  Federal agency securities (2)                              696,864   +      103   -   24,168      696,249
Securities lent to dealers                                     8,052   +      168   -    3,104       10,803
  Overnight facility (3)                                       8,052   +      168   -    3,104       10,803
    U.S. Treasury securities                                   7,383   +      123   -    2,888       10,095
    Federal agency debt securities                               669   +       45   -      217          708
 
Note: Components may not sum to totals because of rounding.

1. Face value of the securities. Includes U.S. Treasury STRIPS and other zero-coupon bonds at face value and
   mortgage-backed securities at original face value.
2. Includes debt and mortgage-backed securities.
3. Fully collateralized by U.S. Treasury securities.

 
2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities,   October 31, 2012
Millions of dollars
                                       Within 15    16 days to   91 days to  Over 1 year  Over 5 years    Over 10        All     
Remaining maturity                        days       90 days       1 year     to 5 years   to 10 years     years    
 
Loans (1)                                    167          257           71          767            0           ...        1,262
U.S. Treasury securities (2)
  Holdings                                     1          482           19      424,184      826,698       393,950    1,645,334
  Weekly changes                               0   -        2   +        2   -    5,776   +    2,754    +    1,831   -    1,190
Federal agency debt securities (3)
  Holdings                                   850        5,941       16,031       52,323        4,410         2,347       81,902
  Weekly changes                      +        6   -      850            0            0            0             0   -      844
Mortgage-backed securities (4)
  Holdings                                     0            0            3            2        1,468       850,566      852,039
  Weekly changes                               0            0   -        1            0   -        4    -   16,026   -   16,030
Asset-backed securities held by
   TALF LLC (5)                                0            0            0            0            0             0            0
Repurchase agreements (6)                      0            0          ...          ...          ...           ...            0
Central bank liquidity swaps (7)           8,077        4,825            0            0            0             0       12,903

Reverse repurchase agreements (6)         99,748            0          ...          ...          ...           ...       99,748
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. Current face value of the securities, which is the remaining principal
   balance of the underlying mortgages.
5. Face value of asset-backed securities held by TALF LLC, which is the remaining principal balance of the underlying assets.
6. Cash value of agreements.
7. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency
   is returned to the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was
   acquired from the foreign central bank.

 
3. Supplemental Information on Mortgage-Backed Securities
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Oct 31, 2012 
 
Mortgage-backed securities held outright (1)                                                                             852,039

Commitments to buy mortgage-backed securities (2)                                                                        105,383
Commitments to sell mortgage-backed securities (2)                                                                             0

Cash and cash equivalents (3)                                                                                                 67
 
1. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal
   balance of the underlying mortgages.
2. Current face value. Generally settle within 180 days and include commitments associated with outright transactions, dollar rolls,
   and coupon swaps.
3. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 8 and table 9.

 
4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Oct 31, 2012 
 
Net portfolio holdings of Maiden Lane LLC (1)                                                                              1,572

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                      0
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                           0
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)                                133
 
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, 2012. Any assets purchased after this valuation date are initially recorded at cost until their estimated fair
   value as of the purchase date becomes available.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent
   with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.
3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities
   and accrued dividends in table 8 and table 9.

Note: On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC under the authority of
section 13(3) of the Federal Reserve Act. This limited liability company was formed to acquire certain assets of Bear Stearns and to
manage those assets through time to maximize repayment of the credit extended and to minimize disruption to financial markets.
Payments by Maiden Lane LLC from the proceeds of the net portfolio holdings will be made in the following order: operating expenses
of the LLC, principal due to the FRBNY, interest due to the FRBNY, principal due to JPMorgan Chase & Co., and interest due to
JPMorgan Chase & Co. Any remaining funds will be paid to the FRBNY.

 
5. Information on Principal Accounts of Maiden Lane II LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Oct 31, 2012 
 
Net portfolio holdings of Maiden Lane II LLC (1)                                                                              61

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                      0
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                           0
Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc. (3)                        0
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
   be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of
   September 30, 2012. Any assets purchased after this valuation date are initially recorded at cost until their estimated fair
   value as of the purchase date becomes available.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent
   with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.
3. Book value. The deferred payment represents the portion of the proceeds of the net portfolio holdings due to subsidiaries of
   American International Group, Inc. in accordance with the asset purchase agreement. The fair value of this payment and accrued
   interest payable are included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in table
   8 and table 9.

Note: On December 12, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane II LLC under the
authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase residential
mortgage-backed securities from the U.S. securities lending reinvestment portfolio of subsidiaries of American International Group,
Inc. (AIG subsidiaries). Payments by Maiden Lane II LLC from the proceeds of the net portfolio holdings will be made in the
following order: operating expenses of Maiden Lane II LLC, principal due to the FRBNY, interest due to the FRBNY, and deferred
payment and interest due to AIG subsidiaries. Any remaining funds will be shared by the FRBNY and AIG subsidiaries.

 
6. Information on Principal Accounts of Maiden Lane III LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Oct 31, 2012 
 
Net portfolio holdings of Maiden Lane III LLC (1)                                                                             23

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                      0
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                           0
Outstanding principal amount and accrued interest on loan payable to American International Group, Inc. (3)                    0
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
   be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of
   September 30, 2012. Any assets purchased after this valuation date are initially recorded at cost until their estimated fair
   value as of the purchase date becomes available.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent
   with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.
3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities
   and accrued dividends in table 8 and table 9.

Note: On November 25, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane III LLC under the
authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase multi-sector
collateralized debt obligations (CDOs) on which the Financial Products group of American International Group, Inc. (AIG) has written
credit default swap (CDS) contracts. In connection with the purchase of CDOs, the CDS counterparties will concurrently unwind the
related CDS transactions. Payments by Maiden Lane III LLC from the proceeds of the net portfolio holdings will be made in the
following order: operating expenses of Maiden Lane III LLC, principal due to the FRBNY, interest due to the FRBNY, principal due to
AIG, and interest due to AIG. Any remaining funds will be shared by the FRBNY and AIG.

 
7. Information on Principal Accounts of TALF LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Oct 31, 2012 
 
Asset-backed securities holdings (1)                                                                                           0
Other investments, net                                                                                                       855
Net portfolio holdings of TALF LLC                                                                                           855

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)                                        112
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
   be conducted in an orderly market on the measurement date.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent
   with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.
3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities
   and accrued dividends in table 8 and table 9.

Note: On November 25, 2008, the Federal Reserve announced the creation of the Term Asset-Backed Securities Loan Facility (TALF)
under the authority of section 13(3) of the Federal Reserve Act. The TALF is a facility under which the Federal Reserve Bank of New
York (FRBNY) extends loans with a term of up to five years to holders of eligible asset-backed securities. The TALF is intended to
assist financial markets in accommodating the credit needs of consumers and businesses by facilitating the issuance of asset-backed
securities collateralized by a variety of consumer and business loans. The loans provided through the TALF to eligible borrowers are
non-recourse, meaning that the obligation of the borrower can be discharged by surrendering the collateral to the FRBNY. The loans
are extended for the market value of the security less an amount known as a haircut. As a result, the borrower bears the initial
risk of a decline in the value of the security.

TALF LLC is a limited liability company formed to purchase and manage any asset-backed securities received by the FRBNY in
connection with the decision of a borrower not to repay a TALF loan. TALF LLC has committed, for a fee, to purchase all asset-backed
securities received by the FRBNY in conjunction with a TALF loan at a price equal to the TALF loan plus accrued but unpaid interest.
Losses on asset-backed securities held by TALF LLC will be offset in the following order: by the commitment fees collected by TALF
LLC, by the interest received on investments of TALF LLC, by up to $1.4 billion in subordinated debt funding provided by the U.S.
Treasury, and finally, by senior debt funding provided by the FRBNY. Payments by TALF LLC from the proceeds of its net portfolio
holdings will be made in the following order: operating expenses of TALF LLC, principal due to the FRBNY, principal due to the U.S.
Treasury, interest due to the FRBNY, and interest due to the U.S. Treasury. Any remaining funds will be shared by the FRBNY and the
U.S. Treasury.

 
8. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
                                                       Eliminations from  Wednesday         Change since       
                                                        consolidation   Oct 31, 2012   Wednesday    Wednesday  
Assets, liabilities, and capital                                                      Oct 24, 2012  Nov 2, 2011
 
Assets
  Gold certificate account                                                  11,037             0            0
  Special drawing rights certificate account                                 5,200             0            0
  Coin                                                                       2,154    -       13   -      147
  Securities, repurchase agreements, and loans                           2,580,536    -   18,116   -   41,427
    Securities held outright (1)                                         2,579,274    -   18,065   -   31,850
      U.S. Treasury securities                                           1,645,334    -    1,190   -    8,861
        Bills (2)                                                                0             0   -   18,423
        Notes and bonds, nominal (2)                                     1,563,019    -    1,293   +    4,906
        Notes and bonds, inflation-indexed (2)                              71,944             0   +    4,082
        Inflation compensation (3)                                          10,371    +      102   +      573
      Federal agency debt securities (2)                                    81,902    -      844   -   25,766
      Mortgage-backed securities (4)                                       852,039    -   16,030   +    2,778
    Repurchase agreements (5)                                                    0             0            0
    Loans                                                                    1,262    -       50   -    9,578
  Net portfolio holdings of Maiden Lane LLC (6)                              1,572    +       13   -   11,399
  Net portfolio holdings of Maiden Lane II LLC (7)                              61             0   -    9,275
  Net portfolio holdings of Maiden Lane III LLC (8)                             23             0   -   18,008
  Net portfolio holdings of TALF LLC (9)                                       855             0   +       61
  Items in process of collection                              (0)              128    -       75   -      303
  Bank premises                                                              2,353    +        3   +      175
  Central bank liquidity swaps (10)                                         12,903    +      726   +   11,050
  Other assets (11)                                                        207,931    -      402   +   69,344

Total assets                                                  (0)        2,824,750    -   17,865   +       67
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

 
8. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
                                                       Eliminations from  Wednesday         Change since       
                                                        consolidation   Oct 31, 2012   Wednesday    Wednesday  
Assets, liabilities, and capital                                                      Oct 24, 2012  Nov 2, 2011
 
Liabilities
  Federal Reserve notes, net of F.R. Bank holdings                       1,099,575    +    6,730   +   91,132
  Reverse repurchase agreements (12)                                        99,748    +    8,039   -   24,764
  Deposits                                                    (0)        1,558,017    -   32,673   -   64,385
    Term deposits held by depository institutions                                0             0            0
    Other deposits held by depository institutions                       1,434,400    +    1,159   -   87,359
    U.S. Treasury, General Account                                          99,966    +   47,119   +   36,065
    U.S. Treasury, Supplementary Financing Account                               0             0            0
    Foreign official                                                         5,991    +    1,129   +    5,865
    Other                                                     (0)           17,660    -   82,079   -   18,956
  Deferred availability cash items                            (0)            1,058    +      278   -      350
  Other liabilities and accrued dividends (13)                              11,593    -      249   -    4,233

Total liabilities                                             (0)        2,769,991    -   17,875   -    2,600

Capital accounts
  Capital paid in                                                           27,380    +        6   +    1,334
  Surplus                                                                   27,380    +        6   +    1,334
  Other capital accounts                                                         0             0            0

Total capital                                                               54,760    +       12   +    2,668
 
Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.
2. Face value of the securities.
3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed
   securities.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the
   remaining principal balance of the underlying mortgages.
5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
6. Refer to table 4 and the note on consolidation accompanying table 9.
7. Refer to table 5 and the note on consolidation accompanying table 9.
8. Refer to table 6 and the note on consolidation accompanying table 9.
9.  Refer to table 7 and the note on consolidation accompanying table 9.
10. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when
    the foreign currency is returned to the foreign central bank. This exchange rate equals the market exchange
    rate used when the foreign currency was acquired from the foreign central bank.
11. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates
    and the fair value adjustment to credit extended by the Federal Reserve Bank of New York (FRBNY) to
    eligible borrowers through the Term Asset-Backed Securities Loan Facility.
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt
    securities, and mortgage-backed securities.
13. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to
    entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only to
    the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation
    accompanying table 9. Also includes the liability for interest on Federal Reserve notes due to U.S.
    Treasury.


 
9. Statement of Condition of Each Federal Reserve Bank,   October 31, 2012
Millions of dollars
                                               Total      Boston     New York   Philadelphia Cleveland   Richmond     Atlanta     Chicago    St. Louis  Minneapolis   Kansas      Dallas        San    
Assets, liabilities, and capital                                                                                                                                       City                  Francisco 
 
Assets
  Gold certificate account                      11,037         408       3,824         437         515         890       1,337         839         313         192         315         725       1,242
  Special drawing rights certificate acct.       5,200         196       1,818         210         237         412         654         424         150          90         153         282         574
  Coin                                           2,154          50         107         147         147         384         201         314          35          51         161         201         355
  Securities, repurchase agreements,
     and loans                               2,580,536      62,646   1,447,258      85,265      65,576     183,571     155,523     143,093      40,324      23,471      51,824     100,247     221,737
    Securities held outright (1)             2,579,274      62,646   1,446,082      85,265      65,576     183,571     155,512     143,087      40,324      23,448      51,819     100,218     221,726
      U.S. Treasury securities               1,645,334      39,962     922,464      54,391      41,832     117,101      99,202      91,276      25,723      14,958      33,055      63,930     141,440
        Bills (2)                                    0           0           0           0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                  1,645,334      39,962     922,464      54,391      41,832     117,101      99,202      91,276      25,723      14,958      33,055      63,930     141,440
      Federal agency debt securities (2)        81,902       1,989      45,919       2,708       2,082       5,829       4,938       4,544       1,280         745       1,645       3,182       7,041
      Mortgage-backed securities (4)           852,039      20,694     477,699      28,167      21,663      60,641      51,372      47,267      13,321       7,746      17,118      33,106      73,245
    Repurchase agreements (5)                        0           0           0           0           0           0           0           0           0           0           0           0           0
    Loans                                        1,262           0       1,177           0           0           0          11           6           0          23           5          29          11
  Net portfolio holdings of Maiden
     Lane LLC (6)                                1,572           0       1,572           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane II LLC (7)                                61           0          61           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane III LLC (8)                               23           0          23           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (9)           855           0         855           0           0           0           0           0           0           0           0           0           0
  Items in process of collection                   128           0           0           0           4           0         123           0           1           0           0           0           0
  Bank premises                                  2,353         120         455          70         121         230         213         206         130         103         253         240         210
  Central bank liquidity swaps (10)             12,903         452       4,162       1,119         954       2,669         738         344         106          53         128         207       1,971
  Other assets (11)                            207,931       5,358     110,104       8,259       6,542      18,416      12,496      10,795       3,107       1,821       3,940       7,517      19,576
  Interdistrict settlement account                   0   +  12,835   -  39,124   -  12,891   +     738   -  36,477   +  35,621   -  21,486   +   1,507   +   3,612   -   3,475   +   2,446   +  56,695

Total assets                                 2,824,750      82,065   1,531,114      82,616      74,834     170,095     206,908     134,529      45,673      29,393      53,299     111,865     302,360
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

 
9. Statement of Condition of Each Federal Reserve Bank,   October 31, 2012 (continued)
Millions of dollars
                                               Total      Boston     New York   Philadelphia Cleveland   Richmond     Atlanta     Chicago    St. Louis  Minneapolis   Kansas      Dallas        San    
Assets, liabilities, and capital                                                                                                                                       City                  Francisco 
 
Liabilities
  Federal Reserve notes outstanding          1,319,726      47,048     460,972      47,637      60,869     101,625     177,504      94,367      37,523      22,520      36,092      90,677     142,894
    Less: Notes held by F.R. Banks             220,152       5,312      84,353       5,388       8,321      12,255      26,527      13,356       4,543       3,302       4,901      25,525      26,368
      Federal Reserve notes, net             1,099,575      41,736     376,619      42,249      52,548      89,370     150,976      81,011      32,980      19,218      31,191      65,152     116,526
  Reverse repurchase agreements (12)            99,748       2,423      55,924       3,297       2,536       7,099       6,014       5,534       1,559         907       2,004       3,876       8,575
  Deposits                                   1,558,017      34,960   1,074,223      32,501      15,159      61,594      45,398      45,893      10,471       8,661      19,335      41,574     168,249
    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                          1,434,400      34,958     950,849      32,489      15,156      61,421      45,388      45,871      10,471       8,661      19,324      41,572     168,243
    U.S. Treasury, General Account              99,966           0      99,966           0           0           0           0           0           0           0           0           0           0
    U.S. Treasury, Supplementary
       Financing Account                             0           0           0           0           0           0           0           0           0           0           0           0           0
    Foreign official                             5,991           1       5,964           3           3           8           2           1           0           0           0           1           6
    Other                                       17,660           1      17,444           8           0         165           7          21           0           0          11           2           1
  Deferred availability cash items               1,058           0           0           0           8           0         832           0           0         219           0           0           0
  Interest on Federal Reserve notes due
     to U.S. Treasury (13)                       1,504          25         854          47          36         110          96          79          26          13          29          62         130
  Other liabilities and accrued
     dividends (14)                             10,089         244       6,034         316         293         758         502         462         185         148         185         324         640

Total liabilities                            2,769,991      79,387   1,513,654      78,410      70,579     158,931     203,817     132,977      45,221      29,164      52,744     110,988     294,119

Capital
  Capital paid in                               27,380       1,339       8,730       2,103       2,127       5,582       1,545         776         226         115         278         439       4,121
  Surplus                                       27,380       1,339       8,730       2,103       2,127       5,582       1,545         776         226         115         278         439       4,121
  Other capital                                      0           0           0           0           0           0           0           0           0           0           0           0           0

Total liabilities and capital                2,824,750      82,065   1,531,114      82,616      74,834     170,095     206,908     134,529      45,673      29,393      53,299     111,865     302,360
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

9. Statement of Condition of Each Federal Reserve Bank,   October 31, 2012 (continued)
1. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.
2. Face value of the securities.
3. Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such securities.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the underlying mortgages.
5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
6. Refer to table 4 and the note on consolidation below.
7. Refer to table 5 and the note on consolidation below.
8. Refer to table 6 and the note on consolidation below.
9.  Refer to table 7 and the note on consolidation below.
10. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals
    the market exchange rate used when the foreign currency was acquired from the foreign central bank.
11. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates and the fair value adjustment to credit extended by the Federal Reserve Bank of New York
    (FRBNY) to eligible	borrowers through the Term Asset-Backed Securities Loan Facility.
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.
13. Represents the estimated weekly remittances to U.S Treasury as interest on Federal Reserve notes or, in those cases where the Reserve Bank's net earnings are not sufficient to equate surplus to
    capital paid-in, the deferred asset for interest on Federal Reserve notes. The amount of any deferred asset, which is presented as a negative amount in this line, represents the amount of the
    Federal Reserve Bank's earnings that must be retained before remittances to the U.S. Treasury resume. The amounts on this line are calculated in accordance with Board of Governors policy, which
    requires the Federal Reserve Banks to remit residual earnings to the U.S. Treasury as interest on Federal Reserve notes after providing for the costs of operations, payment of dividends, and the
    amount necessary to equate surplus with capital paid-in.
14. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to entities other than the Federal Reserve Bank of New York, including liabilities that have
    recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation below.


Note on consolidation:

The Federal Reserve Bank of New York (FRBNY) has extended loans to several limited liability companies under the authority of section 13(3) of the Federal Reserve Act. On June 26, 2008, a loan was
extended to Maiden Lane LLC, which was formed to acquire certain assets of Bear Stearns. On November 25, 2008, a loan was extended to Maiden Lane III LLC, which was formed to purchase multi-sector
collateralized debt obligations on which the Financial Products group of the American International Group, Inc. has written credit default swap contracts. On December 12, 2008, a loan was extended to
Maiden Lane II LLC, which was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment portfolio of subsidiaries of American International Group, Inc.
On November 25, 2008, the Federal Reserve Board authorized the FRBNY to extend credit to TALF LLC, which was formed to purchase and manage any asset-backed securities received by the FRBNY in
connection with the decision of a borrower not to repay a loan extended under the Term Asset-Backed Securities Loan Facility.

The FRBNY is the primary beneficiary of TALF LLC, because of the two beneficiaries of the LLC, the FRBNY and the U.S. Treasury, the FRBNY is primarily responsible for directing the financial
activities of TALF LLC. The FRBNY is the primary beneficiary of the other LLCs cited above because it will receive a majority of any residual returns of the LLCs and absorb a majority of any residual
losses of the LLCs. Consistent with generally accepted accounting principles, the assets and liabilities of these LLCs have been consolidated with the assets and liabilities of the FRBNY in the
preparation of the statements of condition shown on this release. As a consequence of the consolidation, the extensions of credit from the FRBNY to the LLCs are eliminated, the net assets of the LLCs
appear as assets on the previous page (and in table 1 and table 8), and the liabilities of the LLCs to entities other than the FRBNY, including those with recourse only to the portfolio holdings of
the LLCs, are included in other liabilities in this table (and table 1 and table 8).

 
10. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
                                                                                            Wednesday   
Federal Reserve notes and collateral                                                       Oct 31, 2012 
 
Federal Reserve notes outstanding                                                          1,319,726
  Less: Notes held by F.R. Banks not subject to collateralization                            220,152
    Federal Reserve notes to be collateralized                                             1,099,575
Collateral held against Federal Reserve notes                                              1,099,575
  Gold certificate account                                                                    11,037
  Special drawing rights certificate account                                                   5,200
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                 1,083,338
  Other assets pledged                                                                             0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                     2,579,274
  Less: Face value of securities under reverse repurchase agreements                          85,085
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged      2,494,189
 
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.