FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                                   April 23, 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  Apr 22, 2015 
Federal Reserve Banks                                     Apr 22, 2015 Apr 15, 2015 Apr 23, 2014              

Reserve Bank credit                                         4,447,371   -    1,438   +  201,415    4,451,594  
  Securities held outright (1)                              4,229,038   -    1,820   +  210,106    4,232,885  
    U.S. Treasury securities                                2,459,878   +      113   +  121,622    2,459,920  
      Bills (2)                                                     0            0            0            0  
      Notes and bonds, nominal (2)                          2,346,709            0   +  118,207    2,346,709  
      Notes and bonds, inflation-indexed (2)                   98,468   -        1   +    3,079       98,468  
      Inflation compensation (3)                               14,701   +      114   +      336       14,743  
    Federal agency debt securities (2)                         35,895   -      842   -   10,466       35,895  
    Mortgage-backed securities (4)                          1,733,265   -    1,091   +   98,950    1,737,070  
  Unamortized premiums on securities held outright (5)        201,806   -      319   -    8,195      201,775  
  Unamortized discounts on securities held outright (5)       -17,862   +       40   -      309      -17,850  
  Repurchase agreements (6)                                         0            0            0            0  
  Loans                                                            46   +       12   -       62           61  
    Primary credit                                                 13   +        3   +        3           27  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                                33   +        9   +       16           35  
    Term Asset-Backed Securities Loan Facility (7)                  0            0   -       82            0  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (8)                 1,694   +        2   +      108        1,694  
  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   -       92            0  
  Float                                                          -455   +       90   +       68         -474  
  Central bank liquidity swaps (11)                                 0            0   -      407            0  
  Other Federal Reserve assets (12)                            33,103   +      556   +      283       33,502  
Foreign currency denominated assets (13)                       19,577   +      207   -    4,547       19,500  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (14)                             46,629   +       14   +      830       46,629  
                                                                                                              
Total factors supplying reserve funds                       4,529,817   -    1,218   +  197,697    4,533,964  

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  Apr 22, 2015 
Federal Reserve Banks                                     Apr 22, 2015 Apr 15, 2015 Apr 23, 2014              

Currency in circulation (14)                                 1,359,665   -    2,108   +   89,535    1,359,639 
Reverse repurchase agreements (15)                             260,168   +   21,452   +   49,496      275,390 
  Foreign official and international accounts                  156,053   +    2,401   +   51,012      161,242 
  Others                                                       104,115   +   19,051   -    1,517      114,148 
Treasury cash holdings                                             232   +        2   -        6          222 
Deposits with F.R. Banks, other than reserve balances          164,456   +   94,292   +   18,055      214,960 
  Term deposits held by depository institutions                      0            0            0            0 
  U.S. Treasury, General Account                               150,028   +   99,581   +   38,634      201,073 
  Foreign official                                               5,238   +        8   -    1,860        5,231 
  Other (16)                                                     9,189   -    5,297   -   18,719        8,656 
Other liabilities and capital (17)                              66,249   -      589   +    2,703       66,375 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  1,850,770   +  113,049   +  159,783    1,916,585 
                                                                                                              
Reserve balances with Federal Reserve Banks                  2,679,047   -  114,267   +   37,915    2,617,379 

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  Apr 22, 2015 
                                                          Apr 22, 2015 Apr 15, 2015 Apr 23, 2014              

Securities held in custody for foreign official and       
     international accounts                                  3,288,639   -      120   -    6,207    3,282,790 
  Marketable U.S. Treasury securities (1)                    2,964,038   +    3,599   +    6,968    2,956,028 
  Federal agency debt and mortgage-backed securities (2)       280,771   -    3,979   -   14,512      283,187 
  Other securities (3)                                          43,830   +      260   +    1,336       43,575 
Securities lent to dealers                                       9,592   -      903   -    2,468        8,778 
  Overnight facility (4)                                         9,592   -      903   -    2,468        8,778 
    U.S. Treasury securities                                     9,283   -      896   -    1,684        8,472 
    Federal agency debt securities                                 310   -        7   -      784          306 

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, April 22, 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                                           60             1             0             0             0           ...            61 
U.S. Treasury securities (1)                                                                                                           
  Holdings                                     450         1,449        64,211     1,112,528       637,983       643,299     2,459,920 
  Weekly changes                                 0             0    +      389    -      373    +       22    +       76    +      114 
Federal agency debt securities (2)                                                                                                     
  Holdings                                       0           802         7,997        24,749             0         2,347        35,895 
  Weekly changes                                 0    +      802    +    1,359    -    2,161             0             0             0 
Mortgage-backed securities (3)                                                                                                         
  Holdings                                       0             0             0            20         8,969     1,728,081     1,737,070 
  Weekly changes                                 0             0             0             0    +      367    +    2,269    +    2,636 
Repurchase agreements (4)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (5)                 0             0             0             0             0             0             0 
                                                                                                                                       
Reverse repurchase agreements (4)          275,390             0           ...           ...           ...           ...       275,390 
Term deposits                                    0             0             0           ...           ...           ...             0 

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   
                                                                                                                      Apr 22, 2015  

Mortgage-backed securities held outright (1)                                                                             1,737,070  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                           34,751  
Commitments to sell mortgage-backed securities (2)                                                                               0  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                    2  



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   
                                                                                                                      Apr 22, 2015  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,694  
                                                                                                                                    
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 December 31, 2014. 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       Apr 22, 2015   Wednesday    Wednesday  
                                                        consolidation                Apr 15, 2015 Apr 23, 2014 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,809   -        4   -       94  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     4,416,872   +    2,462   +  198,450  
    Securities held outright (1)                                          4,232,885   +    2,750   +  207,018  
      U.S. Treasury securities                                            2,459,920   +      114   +  118,152  
        Bills (2)                                                                 0            0            0  
        Notes and bonds, nominal (2)                                      2,346,709            0   +  114,730  
        Notes and bonds, inflation-indexed (2)                               98,468            0   +    3,079  
        Inflation compensation (3)                                           14,743   +      114   +      344  
      Federal agency debt securities (2)                                     35,895            0   -    9,070  
      Mortgage-backed securities (4)                                      1,737,070   +    2,636   +   97,936  
    Unamortized premiums on securities held outright  
    (5)                                                                     201,775   -      344   -    8,300  
    Unamortized discounts on securities held outright 
    (5)                                                                     -17,850   +       32   -      224  
    Repurchase agreements (6)                                                     0            0            0  
    Loans                                                                        61   +       23   -       45  
  Net portfolio holdings of Maiden Lane LLC (7)                               1,694            0   +      109  
  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   -       92  
  Items in process of collection                                   (0)           80   -       16   -       11  
  Bank premises                                                               2,245   +        2   -       27  
  Central bank liquidity swaps (10)                                               0            0   -      407  
  Foreign currency denominated assets (11)                                   19,500   +      102   -    4,640  
  Other assets (12)                                                          31,259   +    1,783   +      154  
                                                                                                               
Total assets                                                       (0)    4,489,695   +    4,329   +  193,356  

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       Apr 22, 2015   Wednesday    Wednesday  
                                                        consolidation                Apr 15, 2015 Apr 23, 2014 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,315,038   -    2,040   +   87,920 
  Reverse repurchase agreements (13)                                         275,390   +   47,739   +   18,858 
  Deposits                                                          (0)    2,832,339   -   42,054   +   82,852 
    Term deposits held by depository institutions                                  0            0            0 
    Other deposits held by depository institutions                         2,617,380   -  131,575   +   33,665 
    U.S. Treasury, General Account                                           201,073   +   89,522   +   50,848 
    Foreign official                                                           5,231            0   -    2,572 
    Other (14)                                                      (0)        8,656            0   +      913 
  Deferred availability cash items                                  (0)          554   -       34   -      101 
  Other liabilities and accrued dividends (15)                                 8,673   +      706   +    2,243 
                                                                                                               
Total liabilities                                                   (0)    4,431,993   +    4,316   +  191,771 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             28,851   +        7   +      792 
  Surplus                                                                     28,851   +        7   +      792 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 57,702   +       13   +    1,584 

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, April 22, 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                                             1,809          39          69          126         112         297         187         269          24          44         149         175         316
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans                                 4,416,872     111,973   2,651,468      109,853     106,191     239,893     248,737     164,113      46,061      26,878      57,381     142,282     512,043
    Securities held outright (1)               4,232,885     107,302   2,541,052      105,279     101,769     229,903     238,363     157,271      44,143      25,743      54,987     136,355     490,720
      U.S. Treasury securities                 2,459,920      62,358   1,476,720       61,182      59,142     133,607     138,523      91,397      25,653      14,960      31,956      79,242     285,180
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    2,459,920      62,358   1,476,720       61,182      59,142     133,607     138,523      91,397      25,653      14,960      31,956      79,242     285,180
      Federal agency debt securities (2)          35,895         910      21,548          893         863       1,950       2,021       1,334         374         218         466       1,156       4,161
      Mortgage-backed securities (4)           1,737,070      44,034   1,042,784       43,204      41,763      94,346      97,818      64,540      18,115      10,564      22,565      55,957     201,379
    Unamortized premiums on securities held 
      outright (5)                               201,775       5,115     121,128        5,018       4,851      10,959      11,362       7,497       2,104       1,227       2,621       6,500      23,392
    Unamortized discounts on securities     
      held outright (5)                          -17,850        -452     -10,715         -444        -429        -969      -1,005        -663        -186        -109        -232        -575      -2,069
    Repurchase agreements (6)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                             61           9           3            0           0           0          17           9           0          16           4           3           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (7)                                  1,694           0       1,694            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                      80           0           0            0           0           0          79           0           0           0           0           0           0
  Bank premises                                    2,245         125         432           74         109         218         210         202         120          95         240         221         199
  Central bank liquidity swaps (10)                    0           0           0            0           0           0           0           0           0           0           0           0           0
  Foreign currency denominated                                                                                                                                                                           
     assets (11)                                  19,500         884       6,287        1,089       1,520       4,474       1,109         524         182          82         205         281       2,863
  Other assets (12)                               31,259         834      18,244          790         765       1,877       1,779       1,171         409         221         443       1,099       3,627
  Interdistrict settlement account                     0  +   11,186  -   75,396   +    2,532  +   15,198  +    6,503  -    8,957  +    7,692  +    4,725  +    5,723  +    6,637  +   11,716  +   12,441
                                                                                                                                                                                                         
Total assets                                   4,489,695     125,583   2,608,324      115,015     124,637     254,457     245,398     175,129      51,969      33,304      65,497     156,949     533,433

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, April 22, 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            1,498,851      50,582     476,077      50,354      76,593     104,208     209,925     106,504      44,804      26,809      42,068     121,024     189,905
    Less: Notes held by F.R. Banks               183,814       5,459      60,763       5,503       9,823      12,638      24,390      12,041       5,202       2,979       5,025      14,424      25,569
      Federal Reserve notes, net               1,315,038      45,123     415,314      44,852      66,769      91,570     185,535      94,464      39,602      23,830      37,043     106,600     164,336
  Reverse repurchase agreements (13)             275,390       6,981     165,320       6,849       6,621      14,957      15,508      10,232       2,872       1,675       3,577       8,871      31,926
  Deposits                                     2,832,339      70,636   2,004,314      59,806      46,469     134,055      40,206      68,482       8,780       7,192      24,115      40,340     327,946
    Term deposits held by depository        
        institutions                                   0           0           0           0           0           0           0           0           0           0           0           0           0
    Other deposits held by depository       
        institutions                           2,617,380      70,631   1,789,623      59,777      46,466     133,850      40,197      68,479       8,780       7,192      24,113      40,337     327,936
    U.S. Treasury, General Account               201,073           0     201,073           0           0           0           0           0           0           0           0           0           0
    Foreign official                               5,231           2       5,204           2           3           9           2           1           0           0           0           1           6
    Other (14)                                     8,656           3       8,414          27           0         196           7           2           0           0           1           2           4
  Deferred availability cash items                   554           0           0           0           0           0         351           0           0         202           0           0           0
  Interest on Federal Reserve notes due     
     to U.S. Treasury (15)                         2,061          56       1,217          54          51         111         127          75          26           9          24          69         242
  Other liabilities and accrued             
     dividends (16)                                6,612         197       3,448         233         248         622         402         300         139         140         134         221         527
                                                                                                                                                                                                        
Total liabilities                              4,431,993     122,993   2,589,613     111,794     120,158     241,316     242,129     173,553      51,419      33,049      64,892     156,101     524,977
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 28,851       1,295       9,356       1,611       2,239       6,571       1,634         788         275         128         302         424       4,228
  Surplus                                         28,851       1,295       9,356       1,611       2,239       6,571       1,634         788         275         128         302         424       4,228
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  4,489,695     125,583   2,608,324     115,015     124,637     254,457     245,398     175,129      51,969      33,304      65,497     156,949     533,433

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, April 22, 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   
                                                                                          Apr 22, 2015  

Federal Reserve notes outstanding                                                            1,498,851  
  Less: Notes held by F.R. Banks not subject to collateralization                              183,814  
    Federal Reserve notes to be collateralized                                               1,315,038  
Collateral held against Federal Reserve notes                                                1,315,038  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,298,801  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       4,232,885  
  Less: Face value of securities under reverse repurchase agreements                           261,209  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        3,971,676  

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.