FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                                  August 20, 2015


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  Aug 19, 2015 
Federal Reserve Banks                                     Aug 19, 2015 Aug 12, 2015 Aug 20, 2014              

Reserve Bank credit                                         4,460,579   +   10,445   +   87,106    4,449,179  
  Securities held outright (1)                              4,246,889   +   15,264   +   91,419    4,244,953  
    U.S. Treasury securities                                2,461,752   +       91   +   31,656    2,461,785  
      Bills (2)                                                     0            0            0            0  
      Notes and bonds, nominal (2)                          2,346,641            0   +   30,752    2,346,641  
      Notes and bonds, inflation-indexed (2)                   98,534            0   +      779       98,534  
      Inflation compensation (3)                               16,577   +       91   +      125       16,610  
    Federal agency debt securities (2)                         35,093            0   -    6,469       35,093  
    Mortgage-backed securities (4)                          1,750,045   +   15,174   +   66,233    1,748,075  
  Unamortized premiums on securities held outright (5)        196,247   +      136   -   13,294      196,046  
  Unamortized discounts on securities held outright (5)       -17,317   +       22   +    1,357      -17,305  
  Repurchase agreements (6)                                         0            0            0            0  
  Loans                                                           258   +       46   -       20          322  
    Primary credit                                                 35   +       27   +       25           88  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                               224   +       20   -       10          234  
    Term Asset-Backed Securities Loan Facility (7)                  0            0   -       34            0  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (8)                 1,702            0   +       33        1,701  
  Net portfolio holdings of Maiden Lane II LLC (9)                  0            0   -       63            0  
  Net portfolio holdings of Maiden Lane III LLC (9)                 0            0   -       22            0  
  Net portfolio holdings of TALF LLC (10)                           0            0   -       44            0  
  Float                                                            47   +       93   +      624           29  
  Central bank liquidity swaps (11)                               132   -       97   +       57          132  
  Other Federal Reserve assets (12)                            32,620   -    5,022   +    7,058       23,300  
Foreign currency denominated assets (13)                       19,631   +      103   -    4,016       19,608  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (14)                             47,037   +       14   +      960       47,037  
                                                                                                              
Total factors supplying reserve funds                       4,543,489   +   10,562   +   84,052    4,532,066  

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  Aug 19, 2015 
Federal Reserve Banks                                     Aug 19, 2015 Aug 12, 2015 Aug 20, 2014              

Currency in circulation (14)                                 1,375,651   +      621   +   88,370    1,376,384 
Reverse repurchase agreements (15)                             237,207   -    6,980   -   10,379      247,894 
  Foreign official and international accounts                  164,382   +    2,062   +   45,616      163,534 
  Others                                                        72,825   -    9,043   -   55,995       84,360 
Treasury cash holdings                                             151   +       10   -        4          160 
Deposits with F.R. Banks, other than reserve balances          334,559   +   46,239   +  264,688      289,069 
  Term deposits held by depository institutions                123,262   +   57,196   +  123,262      123,262 
  U.S. Treasury, General Account                               177,883   -   18,440   +  135,080      142,076 
  Foreign official                                               5,247   +        3   -    1,344        5,245 
  Other (16)                                                    28,167   +    7,480   +    7,690       18,486 
Other liabilities and capital (17)                              67,353   +    1,061   +    2,984       64,971 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  2,014,921   +   40,952   +  345,658    1,978,479 
                                                                                                              
Reserve balances with Federal Reserve Banks                  2,528,568   -   30,389   -  261,606    2,553,587 

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 6.                                    
9.  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. Refer to the
    note on consolidation accompanying table 6.                                                         
10. Refer to the note on consolidation accompanying table 6.                                                
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 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.                                                                                       
13. Revalued daily at current foreign currency exchange rates.                                              
14. Estimated.                                                                                              
15. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
16. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, and designated financial market utilities.                        
17. Includes the liability for interest on Federal Reserve notes due to U.S. Treasury.                      
                                                                                                            


Sources: Federal Reserve Banks and the U.S. Department of the Treasury.





1A. Memorandum Items
Millions of dollars
Memorandum item                                                  Averages of daily figures         Wednesday  
                                                           Week ended    Change from week ended  Aug 19, 2015 
                                                          Aug 19, 2015 Aug 12, 2015 Aug 20, 2014              

Securities held in custody for foreign official and       
     international accounts                                  3,356,865   -    4,744   +   34,740    3,352,077 
  Marketable U.S. Treasury securities (1)                    3,016,781   -    4,684   +   26,179    3,012,657 
  Federal agency debt and mortgage-backed securities (2)       295,734   +      100   +    7,860      295,280 
  Other securities (3)                                          44,350   -      160   +      701       44,141 
Securities lent to dealers                                      11,921   -      613   +    2,538       10,997 
  Overnight facility (4)                                        11,921   -      613   +    2,538       10,997 
    U.S. Treasury securities                                    11,861   -      614   +    3,298       10,939 
    Federal agency debt securities                                  60   +        1   -      760           58 

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, 5, and 6.     
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, August 19, 2015     

Millions of dollars
Remaining Maturity                     Within 15     16 days to    91 days to   Over 1 year   Over 5 year     Over 10         All      
                                          days        90 days        1 year      to 5 years   to 10 years      years                   

Loans                                          306            16             0             0             0           ...           322 
U.S. Treasury securities (1)                                                                                                           
  Holdings                                       0           327       159,980     1,137,997       525,548       637,933     2,461,785 
  Weekly changes                        -    1,287    +      325    +    6,028    +   39,705    -   37,779    -    6,902    +       91 
Federal agency debt securities (2)                                                                                                     
  Holdings                                       0         2,149        10,452        20,145             0         2,347        35,093 
  Weekly changes                                 0    +    1,202    -    1,202             0             0             0             0 
Mortgage-backed securities (3)                                                                                                         
  Holdings                                       0             0             0           103         9,098     1,738,874     1,748,075 
  Weekly changes                                 0             0             0    -        1    -      361    +   13,553    +   13,191 
Repurchase agreements (4)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (5)               132             0             0             0             0             0           132 
                                                                                                                                       
Reverse repurchase agreements (4)          247,894             0           ...           ...           ...           ...       247,894 
Term deposits                              123,262             0             0           ...           ...           ...       123,262 

Note: Components may not sum to totals because of rounding.
...Not applicable.


1.  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.             
2.  Face value.                                                                                             
3.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
4.  Cash value of agreements.                                                                               
5.  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
Account name                                                                                                            Wednesday   
                                                                                                                      Aug 19, 2015  

Mortgage-backed securities held outright (1)                                                                             1,748,075  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                           28,032  
Commitments to sell mortgage-backed securities (2)                                                                               0  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                   20  



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 5       
    and table 6.                                                                                        




4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Aug 19, 2015  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,701  
                                                                                                                                    
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)                                    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, 2015. 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 6.                                                  
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 5 and table 6.                      


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. The remaining outstanding balances of the senior
loan from FRBNY to Maiden Lane LLC, and the subordinated loan from JPMorgan Chase & Co. to Maiden Lane LLC were
repaid in full, with interest.

                                                                          






5. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Aug 19, 2015   Wednesday    Wednesday  
                                                        consolidation                Aug 12, 2015 Aug 20, 2014 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,899   +       10   -       37  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     4,424,016   +   13,447   +   78,037  
    Securities held outright (1)                                          4,244,953   +   13,282   +   90,095  
      U.S. Treasury securities                                            2,461,785   +       91   +   30,390  
        Bills (2)                                                                 0            0            0  
        Notes and bonds, nominal (2)                                      2,346,641            0   +   29,471  
        Notes and bonds, inflation-indexed (2)                               98,534            0   +      779  
        Inflation compensation (3)                                           16,610   +       91   +      140  
      Federal agency debt securities (2)                                     35,093            0   -    6,469  
      Mortgage-backed securities (4)                                      1,748,075   +   13,191   +   66,174  
    Unamortized premiums on securities held outright  
    (5)                                                                     196,046   +       58   -   13,456  
    Unamortized discounts on securities held outright 
    (5)                                                                     -17,305   +       23   +    1,368  
    Repurchase agreements (6)                                                     0            0            0  
    Loans                                                                       322   +       84   +       30  
  Net portfolio holdings of Maiden Lane LLC (7)                               1,701   -        1   +       33  
  Net portfolio holdings of Maiden Lane II LLC (8)                                0            0   -       63  
  Net portfolio holdings of Maiden Lane III LLC (8)                               0            0   -       22  
  Net portfolio holdings of TALF LLC (9)                                          0            0   -       44  
  Items in process of collection                                   (0)          314   +      109   +      241  
  Bank premises                                                               2,236   +        1   -       28  
  Central bank liquidity swaps (10)                                             132   -       97   +       57  
  Foreign currency denominated assets (11)                                   19,608   -      164   -    3,885  
  Other assets (12)                                                          21,065   -   15,347   -        5  
                                                                                                               
Total assets                                                       (0)    4,487,208   -    2,042   +   74,284  

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





5. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Aug 19, 2015   Wednesday    Wednesday  
                                                        consolidation                Aug 12, 2015 Aug 20, 2014 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,331,402   -      384   +   87,653 
  Reverse repurchase agreements (13)                                         247,894   +   19,698   -   20,697 
  Deposits                                                          (0)    2,842,656   -   20,162   +    5,649 
    Term deposits held by depository institutions                            123,262   +   57,196   +  123,262 
    Other deposits held by depository institutions                         2,553,587   -    2,203   -  216,256 
    U.S. Treasury, General Account                                           142,076   -   65,913   +  109,851 
    Foreign official                                                           5,245   +        1   -    1,321 
    Other (14)                                                      (0)       18,486   -    9,244   -    9,887 
  Deferred availability cash items                                  (0)          284   -      174   -      332 
  Other liabilities and accrued dividends (15)                                 6,761   -    1,045   +      157 
                                                                                                               
Total liabilities                                                   (0)    4,428,998   -    2,066   +   72,431 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             29,105   +       12   +      927 
  Surplus                                                                     29,105   +       12   +      927 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 58,210   +       24   +    1,853 

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 6.                                    
8.  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. Refer to the
    note on consolidation accompanying table 6.                                                         
9.  Refer to the note on consolidation accompanying table 6.                                                
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. Revalued daily at current foreign currency exchange rates.                                              
12. Includes accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable.                                                                                
13. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
14. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, and designated financial market utilities.                        
15. Includes the liability for interest on Federal Reserve notes due to U.S. Treasury.                      

 



6. Statement of Condition of Each Federal Reserve Bank, August 19, 2015
Millions of dollars
Assets, liabilities, and capital               Total       Boston     New York  Philadelphia  Cleveland    Richmond    Atlanta     Chicago    St. Louis  Minneapolis    Kansas      Dallas       San     
                                                                                                                                                                         City                 Francisco  

Assets                                                                                                                                                                                                   
  Gold certificate account                        11,037         347       3,709          340         505         783       1,600         734         299         171         288         891       1,370
  Special drawing rights certificate acct.         5,200         196       1,818          210         237         412         654         424         150          90         153         282         574
  Coin                                             1,899          44          62          132         133         302         195         276          33          45         151         197         329
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans                                 4,424,016     112,146   2,655,662      110,025     106,356     240,267     249,131     164,372      46,184      27,034      57,482     142,509     512,847
    Securities held outright (1)               4,244,953     107,607   2,548,296      105,579     102,059     230,559     239,042     157,719      44,268      25,816      55,144     136,744     492,119
      U.S. Treasury securities                 2,461,785      62,405   1,477,839       61,229      59,187     133,708     138,628      91,466      25,673      14,972      31,980      79,302     285,396
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    2,461,785      62,405   1,477,839       61,229      59,187     133,708     138,628      91,466      25,673      14,972      31,980      79,302     285,396
      Federal agency debt securities (2)          35,093         890      21,067          873         844       1,906       1,976       1,304         366         213         456       1,130       4,068
      Mortgage-backed securities (4)           1,748,075      44,313   1,049,390       43,478      42,028      94,944      98,438      64,949      18,230      10,631      22,708      56,311     202,655
    Unamortized premiums on securities held 
      outright (5)                               196,046       4,970     117,689        4,876       4,713      10,648      11,040       7,284       2,044       1,192       2,547       6,315      22,728
    Unamortized discounts on securities     
      held outright (5)                          -17,305        -439     -10,388         -430        -416        -940        -974        -643        -180        -105        -225        -557      -2,006
    Repurchase agreements (6)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                            322           8          66            0           0           0          24          12          51         131          16           8           6
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (7)                                  1,701           0       1,701            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane II LLC (8)                                   0           0           0            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane III LLC (8)                                  0           0           0            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (9)               0           0           0            0           0           0           0           0           0           0           0           0           0
  Items in process of collection                     314           0           0            0           0           0         313           0           0           0           0           0           0
  Bank premises                                    2,236         126         435           73         108         216         208         204         118          93         238         220         197
  Central bank liquidity swaps (10)                  132           6          43            7          10          30           8           4           1           1           1           2          19
  Foreign currency denominated                                                                                                                                                                           
     assets (11)                                  19,608         889       6,322        1,095       1,528       4,499       1,116         527         183          82         206         282       2,879
  Other assets (12)                               21,065         578      12,137          538         521       1,307       1,194         794         309         161         317         763       2,446
  Interdistrict settlement account                     0  +    8,642  -  112,859   +   13,604  +   21,485  +   44,724  -   12,365  +    8,072  +    8,522  +    4,078  +    2,263  +    5,909  +    7,926
                                                                                                                                                                                                         
Total assets                                   4,487,208     122,975   2,569,030      126,024     130,883     292,539     242,054     175,406      55,798      31,756      61,100     151,056     528,588

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





6. Statement of Condition of Each Federal Reserve Bank, August 19, 2015 (continued)
Millions of dollars
Assets, liabilities, and capital               Total       Boston     New York  Philadelphia Cleveland    Richmond    Atlanta     Chicago    St. Louis  Minneapolis    Kansas      Dallas       San     
                                                                                                                                                                        City                 Francisco  

Liabilities                                                                                                                                                                                             
  Federal Reserve notes outstanding            1,511,705      49,006     492,971      50,192      81,746     104,440     208,093     105,720      51,021      26,748      41,522     117,611     182,635
    Less: Notes held by F.R. Banks               180,303       6,361      58,286       6,340       9,565      12,481      22,537      11,344       5,238       3,022       4,775      15,023      25,331
      Federal Reserve notes, net               1,331,402      42,645     434,686      43,852      72,182      91,959     185,556      94,376      45,783      23,726      36,746     102,587     157,303
  Reverse repurchase agreements (13)             247,894       6,284     148,814       6,166       5,960      13,464      13,959       9,210       2,585       1,508       3,220       7,985      28,739
  Deposits                                     2,842,656      71,244   1,962,921      72,554      48,018     173,402      38,646      69,920       6,717       6,015      20,379      39,366     333,475
    Term deposits held by depository        
        institutions                             123,262         220      66,624      15,420      12,500          26          15       4,343           0          15       2,850       2,000      19,250
    Other deposits held by depository       
        institutions                           2,553,587      71,020   1,736,794      57,132      35,515     173,183      38,622      59,533       6,681       6,000      17,527      37,363     314,217
    U.S. Treasury, General Account               142,076           0     142,076           0           0           0           0           0           0           0           0           0           0
    Foreign official                               5,245           2       5,217           2           3           9           2           1           0           0           0           1           6
    Other (14)                                    18,486           2      12,209           0           0         185           7       6,043          36           0           1           2           2
  Deferred availability cash items                   284           0           0           0           0           0         177           0           0         107           0           0           0
  Interest on Federal Reserve notes due     
     to U.S. Treasury (15)                         1,832          41       1,151          38          35          63         108          74          20          12          19          64         208
  Other liabilities and accrued             
     dividends                                     4,929         157       2,355         194         204         507         327         253         123         133         121         184         371
                                                                                                                                                                                                        
Total liabilities                              4,428,998     120,371   2,549,926     122,803     126,398     279,395     238,774     173,834      55,228      31,502      60,485     150,186     520,096
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 29,105       1,302       9,552       1,610       2,242       6,572       1,640         786         285         127         307         435       4,246
  Surplus                                         29,105       1,302       9,552       1,610       2,242       6,572       1,640         786         285         127         307         435       4,246
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  4,487,208     122,975   2,569,030     126,024     130,883     292,539     242,054     175,406      55,798      31,756      61,100     151,056     528,588

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





6. Statement of Condition of Each Federal Reserve Bank, August 19, 2015 (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.  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. Refer       
    to the note on consolidation below.                                                                                                                                                                 
9.  Refer to 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. Revalued daily at current foreign currency exchange rates.                                                                                                                                              
12. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.                                                                                   
13. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.                                                         
14. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, and designated financial market utilities.                               
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.                                                                                                                                                   
                                                                                                                                                                                                            


Note on consolidation:

The Federal Reserve Bank of New York (FRBNY) 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 June 14, 2012, the remaining outstanding balance of the senior loan from FRBNY to Maiden Lane LLC
was repaid in full, with interest. On November 15, 2012, the remaining outstanding balance of the subordinated loan from JPMorgan Chase & Co. to Maiden Lane LLC was repaid in full, with
interest. 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. had written credit default swap contracts. On June 14, 2012, the loan from FRBNY to Maiden Lane III was repaid in full, with interest. 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 March 1, 2012, the loan from FRBNY to Maiden Lane II was repaid in full, with interest. 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. On January 15, 2013 the FRBNY's commitment to extend credit to TALF LLC was eliminated.                                                 

The FRBNY was the primary beneficiary of TALF LLC, because of the two beneficiaries of the LLC, the FRBNY and the U.S. Treasury, the FRBNY was primarily responsible for directing the
financial activities of TALF LLC. The FRBNY was the primary beneficiary of the other LLCs cited above because it received a majority of any residual returns of the LLCs and absorbed a majority of any
residual losses of the LLCs. Consistent with generally accepted accounting principles, the assets and liabilities of these LLCs were 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 were eliminated, the net
assets of the LLCs appeared as assets on the previous page (and in table 1 and table 5), and the liabilities of the LLCs to entities other than the FRBNY, including those with recourse only to
the portfolio holdings of the LLCs, were included in other liabilities in this table (and table 1 and table 5).

                                                                           



7. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Federal Reserve notes and collateral                                                        Wednesday   
                                                                                          Aug 19, 2015  

Federal Reserve notes outstanding                                                            1,511,705  
  Less: Notes held by F.R. Banks not subject to collateralization                              180,303  
    Federal Reserve notes to be collateralized                                               1,331,402  
Collateral held against Federal Reserve notes                                                1,331,402  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,315,165  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       4,244,953  
  Less: Face value of securities under reverse repurchase agreements                           231,365  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        4,013,588  

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.