FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and

Condition Statement of Federal Reserve Banks August 26, 2010

1. Factors Affecting Reserve Balances of Depository Institutions

Millions of dollars

Averages of daily figures Wednesday

Aug 25, 2010 Week ended

Aug 25, 2010

Change from week ended

Aug 18, 2010 Aug 26, 2009

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Reserve Bank credit 2,294,145 - 8,361 + 236,167 2,284,055

Securities held outright1 2,051,160 - 990 + 572,218 2,044,167

U.S. Treasury securities 782,829 + 5,462 + 42,341 784,498

Bills2 18,423 0 0 18,423

Notes and bonds, nominal2 717,857 + 5,473 + 46,035 719,530

Notes and bonds, inflation-indexed2 41,129 0 - 3,459 41,129

Inflation compensation3 5,421 - 10 - 235 5,417

Federal agency debt securities2 156,907 - 718 + 42,718 156,502

Mortgage-backed securities4 1,111,424 - 5,734 + 487,160 1,103,167

Repurchase agreements5 0 0 0 0

Term auction credit 0 0 - 221,081 0

Other loans 57,879 - 4,030 - 48,109 56,383

Primary credit 28 + 16 - 29,953 4

Secondary credit 1 + 1 - 623 0

Seasonal credit 93 + 11 - 30 90

Asset-Backed Commercial Paper Money Market

Mutual Fund Liquidity Facility 0 0 - 108 0

Credit extended to American International

Group, Inc., net6 20,090 - 3,421 - 19,220 19,444

Term Asset-Backed Securities Loan Facility7 37,667 - 638 + 1,825 36,846

Other credit extensions 0 0 0 0

Net portfolio holdings of Commercial Paper

Funding Facility LLC8 0 - 1 - 52,086 0

Net portfolio holdings of Maiden Lane LLC9 28,982 - 54 + 2,995 28,990

Net portfolio holdings of Maiden Lane II LLC10 15,976 + 14 + 1,121 16,030

Net portfolio holdings of Maiden Lane III LLC11 23,325 + 22 + 2,448 23,327

Net portfolio holdings of TALF LLC12 570 + 30 + 570 575

Preferred interests in AIA Aurora LLC and ALICO

Holdings LLC13 25,733 0 + 25,733 25,733

Float -1,672 + 92 - 30 -1,666

Central bank liquidity swaps14 39 - 395 - 60,171 39

Other Federal Reserve assets15 92,153 - 3,050 + 12,558 90,478

Gold stock 11,041 0 0 11,041

Special drawing rights certificate account 5,200 0 + 3,000 5,200

Treasury currency outstanding16 43,317 + 14 + 832 43,317

Total factors supplying reserve funds 2,353,703 - 8,347 + 239,998 2,343,613

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 Wednesday

Aug 25, 2010 Week ended

Aug 25, 2010

Change from week ended

Aug 18, 2010 Aug 26, 2009

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Currency in circulation16 946,276 - 631 + 36,324 947,290

Reverse repurchase agreements17 60,433 + 300 - 6,874 61,115

Foreign official and international accounts 60,433 + 506 - 6,874 61,115

Dealers 0 - 206 0 0

Treasury cash holdings 221 + 12 - 52 239

Deposits with F.R. Banks, other than reserve balances 225,537 - 15,747 - 8,948 212,764

Term deposits held by depository institutions 2,119 0 + 2,119 2,119

U.S. Treasury, general account 18,823 - 9,520 - 7,450 5,889

U.S. Treasury, supplementary financing account 199,954 - 1 + 22 199,954

Foreign official 1,691 - 192 - 1,645 1,910

Service-related 2,458 - 1 - 2,159 2,458

Required clearing balances 2,458 - 1 - 2,157 2,458

Adjustments to compensate for float 0 0 - 2 0

Other 491 - 6,035 + 165 433

Other liabilities and capital18 72,043 - 144 + 12,587 71,351

Total factors, other than reserve balances,

absorbing reserve funds 1,304,510 - 16,210 + 33,038 1,292,759

Reserve balances with Federal Reserve Banks 1,049,193 + 7,863 + 206,960 1,050,854

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

1. Includes securities lent to dealers under the overnight and term securities lending facilities; refer to table 1A.

2. Face value of the securities.

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

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

the underlying mortgages.

5. Cash value of agreements.

6. Includes outstanding principal and capitalized interest net of unamortized deferred commitment fees and allowance for loan restructuring.

Excludes credit extended to consolidated LLCs.

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

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

9. Refer to table 4 and the note on consolidation accompanying table 11.

10.Refer to table 5 and the note on consolidation accompanying table 11.

11.Refer to table 6 and the note on consolidation accompanying table 11.

12.Refer to table 8 and the note on consolidation accompanying table 11.

13.Refer to table 9.

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

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

foreign central bank.

15.Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates, accrued dividends on the Federal

Reserve Bank of New York’s (FRBNY) preferred interests in AIA Aurora LLC and ALICO Holdings LLC, and the fair value adjustment to credit extended by

the FRBNY to eligible borrowers through the Term Asset-Backed Securities Loan Facility.

16.Estimated.

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

18.Includes the liabilities of Commercial Paper Funding Facility LLC, Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to entities

other than the Federal Reserve Bank of New York, including liabilities that have recourse only to the portfolio holdings of these LLCs. Refer to table 4

through table 8 and the note on consolidation accompanying table 11.

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

1A. Memorandum Items

Millions of dollars

Averages of daily figures Wednesday

Aug 25, 2010 Week ended

Aug 25, 2010

Change from week ended

Aug 18, 2010 Aug 26, 2009

Memorandum item

Marketable securities held in custody for foreign

official and international accounts1 3,197,200 + 21,273 + 372,578 3,196,541

U.S. Treasury securities 2,375,792 + 21,139 + 332,589 2,380,203

Federal agency securities2 821,408 + 134 + 39,989 816,338

Securities lent to dealers 5,407 + 890 - 8,161 8,009

Overnight facility3 5,407 + 890 - 8,161 8,009

U.S. Treasury securities 4,011 + 908 - 9,364 6,690

Federal agency debt securities 1,397 - 18 + 1,204 1,319

Term facility4 0 0 0 0

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

1. Face value of the securities. Includes U.S. Treasury STRIPS, other zero-coupon bonds, and mortgage-backed securities at face value.

2. Includes debt and mortgage-backed securities.

3. Fully collateralized by U.S. Treasury securities.

4. U.S. Treasury securities only. Fully collateralized by U.S. Treasury securities, federal agency securities, and other highly rated debt securities.

2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, August 25, 2010

Millions of dollars

Within 15

days

16 days to

90 days

91 days to

1 year

Over 1 year

to 5 years

Over 5 years

to 10 years

Over 10

years

Remaining maturity All

Other loans1 81 13 0 56,290 0 ... 56,383

U.S. Treasury securities2

Holdings 18,673 11,210 53,293 342,808 219,689 138,825 784,498

Weekly changes + 3,867 - 3,867 - 1 + 1,348 + 3,606 - 5 + 4,949

Federal agency debt securities3

Holdings 0 8,324 38,402 74,683 32,746 2,347 156,502

Weekly changes - 709 + 816 + 68 - 884 0 0 - 709

Mortgage-backed securities4

Holdings 0 0 0 29 20 1,103,118 1,103,167

Weekly changes 0 0 0 - 1 0 - 9,849 - 9,850

Commercial paper held by

Commercial Paper Funding

Facility LLC5 0 0 0 ... ... ... 0

Asset-backed securities held by

TALF LLC6 0 0 0 0 0 0 0

Repurchase agreements7 0 0 ... ... ... ... 0

Central bank liquidity swaps8 38 1 0 0 0 0 39

Reverse repurchase agreements7 61,115 0 ... ... ... ... 61,115

Term deposits 0 2,119 0 ... ... ... 2,119

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.
H.4.1

3. Supplemental Information on Mortgage-Backed Securities Purchase Program

Millions of dollars

Wednesday

Aug 25, 2010 Account name

Mortgage-backed securities held outright1 1,103,167

Commitments to buy mortgage-backed securities2 0

Commitments to sell mortgage-backed securities2 0

Cash and cash equivalents3 56

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 10 and table 11.

4. Information on Principal Accounts of Maiden Lane LLC

Millions of dollars

Wednesday

Aug 25, 2010 Account name

Net portfolio holdings of Maiden Lane LLC1 28,990

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 28,281

Accrued interest payable to the Federal Reserve Bank of New York2 546

Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co.3 1,291

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, 2010. Any assets purchased after

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

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

consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 11.

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

table 10 and table 11.

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

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

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

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

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

FRBNY.

5. Information on Principal Accounts of Maiden Lane II LLC

Millions of dollars

Wednesday

Aug 25, 2010 Account name

Net portfolio holdings of Maiden Lane II LLC1 16,030

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 13,873

Accrued interest payable to the Federal Reserve Bank of New York2 390

Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc.3 1,059

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, 2010. Any assets purchased after

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

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

consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 11.

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

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

included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in table 10 and table 11.

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

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

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

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

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

FRBNY and AIG subsidiaries.
H.4.1

6. Information on Principal Accounts of Maiden Lane III LLC

Millions of dollars

Wednesday

Aug 25, 2010 Account name

Net portfolio holdings of Maiden Lane III LLC1 23,327

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 15,107

Accrued interest payable to the Federal Reserve Bank of New York2 481

Outstanding principal amount and accrued interest on loan payable to American International Group, Inc.3 5,305

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, 2010. Any assets purchased after

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

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

consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 11.

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

table 10 and table 11.

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

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

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

connection with the purchase of CDOs, the CDS counterparties will concurrently unwind the related CDS transactions. Payments by Maiden Lane

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

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

AIG.

7. Information on Principal Accounts of Commercial Paper Funding Facility LLC

Millions of dollars

Wednesday

Aug 25, 2010 Account name

Commercial paper holdings, net1 0

Other investments, net 0

Net portfolio holdings of Commercial Paper Funding Facility LLC 0

Memorandum: Commercial paper holdings, face value 0

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

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.
H.4.1

8. Information on Principal Accounts of TALF LLC

Millions of dollars

Wednesday

Aug 25, 2010 Account name

Asset-backed securities holdings1 0

Other investments, net 575

Net portfolio holdings of TALF LLC 575

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 105

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 $4.3 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

Aug 25, 2010 Account name

Preferred interests in AIA Aurora LLC and ALICO Holdings LLC1 25,733

Accrued dividends on preferred interests in AIA Aurora LLC and ALICO Holdings LLC2 197

Preferred interests in AIA Aurora LLC1 16,469

Accrued dividends on preferred interests in AIA Aurora LLC2 126

Preferred interests in ALICO Holdings LLC1 9,264

Accrued dividends on preferred interests in ALICO Holdings LLC2 71

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.
H.4.1

10. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Eliminations from

consolidation

Wednesday

Aug 25, 2010

Change since

Wednesday

Aug 18, 2010

Wednesday

Aug 26, 2009

Assets, liabilities, and capital

Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 5,200 0 + 3,000

Coin 2,069 + 8 + 154

Securities, repurchase agreements, term auction

credit, and other loans 2,100,550 - 11,148 + 288,493

Securities held outright1 2,044,167 - 5,611 + 559,033

U.S. Treasury securities 784,498 + 4,949 + 39,620

Bills2 18,423 0 0

Notes and bonds, nominal2 719,530 + 4,959 + 43,354

Notes and bonds, inflation-indexed2 41,129 0 - 3,459

Inflation compensation3 5,417 - 10 - 274

Federal agency debt securities2 156,502 - 709 + 39,110

Mortgage-backed securities4 1,103,167 - 9,850 + 480,303

Repurchase agreements5 0 0 0

Term auction credit 0 0 - 221,081

Other loans 56,383 - 5,538 - 49,459

Net portfolio holdings of Commercial Paper

Funding Facility LLC6 0 0 - 48,997

Net portfolio holdings of Maiden Lane LLC7 28,990 + 9 + 2,976

Net portfolio holdings of Maiden Lane II LLC8 16,030 + 63 + 1,087

Net portfolio holdings of Maiden Lane III LLC9 23,327 + 3 + 2,439

Net portfolio holdings of TALF LLC10 575 + 35 + 575

Preferred interests in AIA Aurora LLC and ALICO

Holdings LLC11 25,733 0 + 25,733

Items in process of collection (85) 319 + 48 - 130

Bank premises 2,229 + 2 + 10

Central bank liquidity swaps12 39 - 395 - 60,171

Other assets13 88,278 - 1,317 + 11,054

Total assets (85) 2,304,376 - 12,693 + 226,223

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

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

Millions of dollars

Eliminations from

consolidation

Wednesday

Aug 25, 2010

Change since

Wednesday

Aug 18, 2010

Wednesday

Aug 26, 2009

Assets, liabilities, and capital

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 906,277 - 479 + 35,868

Reverse repurchase agreements14 61,115 + 930 - 7,014

Deposits (0) 1,263,647 - 12,948 + 185,203

Term deposits held by depository institutions 2,119 0 + 2,119

Other deposits held by depository institutions 1,053,342 + 11,547 + 191,387

U.S. Treasury, general account 5,889 - 24,328 - 6,939

U.S. Treasury, supplementary financing account 199,954 - 1 + 22

Foreign official 1,910 - 185 - 1,498

Other (0) 433 + 20 + 112

Deferred availability cash items (85) 1,985 - 93 - 361

Other liabilities and accrued dividends15 15,040 + 107 + 6,784

Total liabilities (85) 2,248,065 - 12,482 + 220,480

Capital accounts

Capital paid in 26,722 + 29 + 1,940

Surplus 25,845 + 6 + 4,514

Other capital accounts 3,743 - 246 - 712

Total capital 56,311 - 211 + 5,743

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

1. Includes securities lent to dealers under the overnight and term securities lending facilities; refer to table 1A.

2. Face value of the securities.

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

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

underlying mortgages.

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

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

7. Refer to table 4 and the note on consolidation accompanying table 11.

8. Refer to table 5 and the note on consolidation accompanying table 11.

9. Refer to table 6 and the note on consolidation accompanying table 11.

10.Refer to table 8 and the note on consolidation accompanying table 11.

11.Refer to table 9.

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

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

central bank.

13.Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates, accrued dividends on the Federal

Reserve Bank of New York’s (FRBNY) preferred interests in AIA Aurora LLC and ALICO Holdings LLC, and the fair value adjustment to credit

extended by the FRBNY to eligible borrowers through the Term Asset-Backed Securities Loan Facility.

14.Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed 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.
H.4.1

11. Statement of Condition of Each Federal Reserve Bank, August 25, 2010Millions of dollars

Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minn

Assets, liabilities, and capital

Assets

Gold certificate account 11,037 369 4,038 404 463 846 1,385 887 324 Special drawing rights certificate acct. 5,200 196 1,818 210 237 412 654 424 150 Coin 2,069 63 70 163 151 303 197 321 30 Securities, repurchase agreements,

term auction credit, and otherloans 2,100,550 51,731 890,418 47,737 69,452 232,809 193,454 154,105 52,681 

Securities held outright1 2,044,167 51,731 834,128 47,737 69,452 232,809 193,435 154,102 52,654 

U.S. Treasury securities 784,498 19,853 320,117 18,320 26,654 89,346 74,235 59,140 20,207 

Bills2 18,423 466 7,517 430 626 2,098 1,743 1,389 475 Notes and bonds3 766,075 19,387 312,599 17,890 26,028 87,248 72,492 57,752 19,733 

Federal agency debt securities2 156,502 3,961 63,861 3,655 5,317 17,824 14,809 11,798 4,031 

Mortgage-backed securities4 1,103,167 27,917 450,151 25,762 37,481 125,639 104,390 83,164 28,416 

Repurchase agreements5 0 0 0 0 0 0 0 0 0 Term auction credit 0 0 0 0 0 0 0 0 0 Other loans 56,383 0 56,290 0 0 1 19 3 27 

Net portfolio holdings of Commercial

Paper Funding Facility LLC6 0 0 0 0 0 0 0 0 0 

Net portfolio holdings of Maiden

Lane LLC7 28,990 0 28,990 0 0 0 0 0 0 

Net portfolio holdings of Maiden

Lane II LLC8 16,030 0 16,030 0 0 0 0 0 0 

Net portfolio holdings of Maiden

Lane III LLC9 23,327 0 23,327 0 0 0 0 0 0 

Net portfolio holdings of TALF LLC10 575 0 575 0 0 0 0 0 0 

Preferred interests in AIA Aurora LLC

and ALICO Holdings LLC11 25,733 0 25,733 0 0 0 0 0 0 

Items in process of collection 404 13 0 24 88 10 130 33 19 Bank premises 2,229 123 257 69 143 238 219 210 135 Central bank liquidity swaps12 39 1 11 4 3 11 2 1 0 Other assets13 88,278 2,526 33,261 4,306 3,985 14,114 7,469 5,306 1,858 Interdistrict settlement account 0 + 4,017 + 102,646 + 23,398 - 15,329 + 11,401 - 44,315 - 37,288 - 13,888 + 

Total assets 2,304,461 59,041 1,127,173 76,315 59,193 260,144 159,194 124,000 41,310 

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

11. Statement of Condition of Each Federal Reserve Bank, August 25, 2010 (continued)Millions of dollars

Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minn

Assets, liabilities, and capital

Liabilities

Federal Reserve notes outstanding 1,140,985 40,976 390,978 46,063 46,630 90,557 145,779 88,179 33,426 

Less: Notes held by F.R. Banks 234,708 4,258 100,175 5,485 10,031 14,991 31,998 13,555 4,664 

Federal Reserve notes, net 906,277 36,718 290,803 40,578 36,599 75,566 113,781 74,624 28,761 

Reverse repurchase agreements14 61,115 1,547 24,938 1,427 2,076 6,960 5,783 4,607 1,574 

Deposits 1,263,647 18,633 784,323 28,256 15,938 164,108 35,751 42,795 10,241 

Term deposits held by depository

institutions 2,119 27 886 0 15 96 161 506 0 

Other deposits held by depository

institutions 1,053,342 18,584 575,469 28,252 15,920 163,905 35,588 42,226 10,240 

U.S. Treasury, general account 5,889 0 5,889 0 0 0 0 0 0 U.S. Treasury, supplementary

financing account 199,954 0 199,954 0 0 0 0 0 0 

Foreign official 1,910 1 1,882 4 3 11 2 1 0 Other 433 21 242 0 1 96 0 63 1 

Deferred availability cash items 2,070 62 0 183 457 84 108 171 60 Other liabilities and accrued

dividends15 15,040 198 11,273 222 256 757 536 434 188 

Total liabilities 2,248,150 57,157 1,111,338 70,667 55,327 247,476 155,960 122,632 40,824 Capital

Capital paid in 26,722 916 7,653 2,834 1,919 5,439 1,550 641 216 Surplus 25,845 945 7,641 2,803 1,911 7,141 1,581 621 239 Other capital 3,743 22 541 11 38 89 103 107 30 

Total liabilities and capital 2,304,461 59,041 1,127,173 76,315 59,193 260,144 159,194 124,000 41,310 

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

11. Statement of Condition of Each Federal Reserve Bank, August 25, 2010 (continued)1. Includes securities lent to dealers under the overnight and term securities lending facilities; refer to table 1A.2. Face value of the securities.3. Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such securitie4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the underlying mort5. 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 centr

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

13.Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates, accrued dividends on the Federal Reserve Bank o

preferred interests in AIA Aurora LLC and ALICO Holdings LLC, and the fair value adjustment to credit extended by the FRBNY to eligible borrowers through thLoan Facility.

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 Commercial Paper Funding Facility LLC, Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to entities other 

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 belo

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 Resewas 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 Comwas formed to purchase three-month U.S. dollar-denominated commercial paper from eligible issuers. On November 25, 2008, a loan was extended to Maiden Lamulti-sector collateralized debt obligations on which the Financial Products group of the American International Group, Inc. has written credit default swap contractwas extended to Maiden Lane II LLC, which was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment portfolio 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 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 FacilitThe FRBNY is the sole beneficiary of Commercial Paper Funding Facility LLC. The FRBNY is the primary beneficiary of TALF LLC, because of the two beneficiarieU.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 amajority 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 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 tcredit 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 liabilitiethe 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).
H.4.1

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

Millions of dollars

Wednesday

Aug 25, 2010 Federal Reserve notes and collateral

Federal Reserve notes outstanding 1,140,985

Less: Notes held by F.R. Banks not subject to collateralization 234,708

Federal Reserve notes to be collateralized 906,277

Collateral held against Federal Reserve notes 906,277

Gold certificate account 11,037

Special drawing rights certificate account 5,200

U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 890,040

Other assets pledged 0

Memo:

Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 2,044,167

Less: Face value of securities under reverse repurchase agreements 58,758

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 1,985,409

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.