FEDERAL RESERVE statistical release

For release at

4:30 P.M. EDT

November 1, 2012

The weekly average values, shown in table 1, reflect the September 30, 2012, quarterly updates to the

fair values of the net portfolio holdings of Maiden Lane LLC and the fair value adjustment of the

Term Asset-Backed Securities Loan Facility, or TALF, which is included in "Other Federal Reserve

assets." The amounts for the first six days of this reporting week are based on the values as of June

30, 2012, and the amounts for the last day of the reporting week are based on the values as of

September 30, 2012.
FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and

Condition Statement of Federal Reserve Banks November 1, 2012

1. Factors Affecting Reserve Balances of Depository Institutions

Millions of dollars

Averages of daily figures Wednesday

Oct 31, 2012 Week ended

Oct 31, 2012

Change from week ended

Oct 24, 2012 Nov 2, 2011

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Reserve Bank credit 2,810,656 - 18,435 - 6,790 2,805,301

Securities held outright1 2,584,211 - 19,036 - 39,003 2,579,274

U.S. Treasury securities 1,650,297 - 1,985 - 15,988 1,645,334

Bills2 0 0 - 18,423 0

Notes and bonds, nominal2 1,568,019 - 1,358 - 2,354 1,563,019

Notes and bonds, inflation-indexed2 71,944 - 622 + 4,234 71,944

Inflation compensation3 10,334 - 5 + 554 10,371

Federal agency debt securities2 81,902 - 844 - 25,766 81,902

Mortgage-backed securities4 852,013 - 16,206 + 2,752 852,039

Repurchase agreements5 0 0 0 0

Loans 1,317 - 92 - 9,577 1,262

Primary credit 26 + 22 + 3 37

Secondary credit 0 0 0 0

Seasonal credit 48 0 + 16 48

Term Asset-Backed Securities Loan Facility6 1,243 - 114 - 9,595 1,177

Other credit extensions 0 0 0 0

Net portfolio holdings of Maiden Lane LLC7 1,561 + 6 - 11,378 1,572

Net portfolio holdings of Maiden Lane II LLC8 61 0 - 9,392 61

Net portfolio holdings of Maiden Lane III LLC9 23 0 - 17,996 23

Net portfolio holdings of TALF LLC10 855 + 1 + 61 855

Float -593 - 33 + 324 -930

Central bank liquidity swaps11 12,903 + 726 + 11,050 12,903

Other Federal Reserve assets12 210,319 - 6 + 69,122 210,282

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding13 44,704 + 14 + 581 44,704

Total factors supplying reserve funds 2,871,601 - 18,421 - 6,209 2,866,246

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

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

Millions of dollars

Averages of daily figures Wednesday

Oct 31, 2012 Week ended

Oct 31, 2012

Change from week ended

Oct 24, 2012 Nov 2, 2011

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Currency in circulation13 1,136,787 + 2,442 + 91,466 1,141,983

Reverse repurchase agreements14 98,975 + 4,539 + 7,974 99,748

Foreign official and international accounts 98,975 + 4,539 + 7,974 99,748

Others 0 0 0 0

Treasury cash holdings 143 + 8 + 21 146

Deposits with F.R. Banks, other than reserve balances 74,260 - 41,491 - 26,681 123,616

Term deposits held by depository institutions 0 0 0 0

U.S. Treasury, General Account 53,905 - 8,833 - 3,870 99,966

U.S. Treasury, Supplementary Financing Account 0 0 0 0

Foreign official 5,898 + 915 + 5,769 5,991

Service-related 0 0 - 2,507 0

Required clearing balances 0 0 - 2,507 0

Adjustments to compensate for float 0 0 0 0

Other 14,457 - 33,573 - 26,073 17,660

Other liabilities and capital15 67,023 - 982 - 1,472 66,353

Total factors, other than reserve balances,

absorbing reserve funds 1,377,188 - 35,484 + 71,308 1,431,847

Reserve balances with Federal Reserve Banks 1,494,414 + 17,064 - 77,516 1,434,399

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

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

2. Face value of the securities.

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

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

the underlying mortgages.

5. Cash value of agreements.

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

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

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

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

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

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

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

foreign central bank.

12.Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates, and the fair value adjustment

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

13.Estimated.

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

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

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

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

and table 9.

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

1A. Memorandum Items

Millions of dollars

Averages of daily figures Wednesday

Oct 31, 2012 Week ended

Oct 31, 2012

Change from week ended

Oct 24, 2012 Nov 2, 2011

Memorandum item

Marketable securities held in custody for foreign

official and international accounts1 3,609,118 - 82 + 213,627 3,616,831

U.S. Treasury securities 2,912,254 - 185 + 237,795 2,920,582

Federal agency securities2 696,864 + 103 - 24,168 696,249

Securities lent to dealers 8,052 + 168 - 3,104 10,803

Overnight facility3 8,052 + 168 - 3,104 10,803

U.S. Treasury securities 7,383 + 123 - 2,888 10,095

Federal agency debt securities 669 + 45 - 217 708

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

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

face value.

2. Includes debt and mortgage-backed securities.

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

2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, October 31, 2012

Millions of dollars

Within 15

days

16 days to

90 days

91 days to

1 year

Over 1 year

to 5 years

Over 5 years

to 10 years

Over 10

years

Remaining maturity All

Loans1 167 257 71 767 0 ... 1,262

U.S. Treasury securities2

Holdings 1 482 19 424,184 826,698 393,950 1,645,334

Weekly changes 0 - 2 + 2 - 5,776 + 2,754 + 1,831 - 1,190

Federal agency debt securities3

Holdings 850 5,941 16,031 52,323 4,410 2,347 81,902

Weekly changes + 6 - 850 0 0 0 0 - 844

Mortgage-backed securities4

Holdings 0 0 3 2 1,468 850,566 852,039

Weekly changes 0 0 - 1 0 - 4 - 16,026 - 16,030

Asset-backed securities held by

TALF LLC5 0 0 0 0 0 0 0

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

Central bank liquidity swaps7 8,077 4,825 0 0 0 0 12,903

Reverse repurchase agreements6 99,748 0 ... ... ... ... 99,748

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

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

. . . Not applicable.

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

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

under generally accepted accounting principles.

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

original face value of such securities.

3. Face value.

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

underlying mortgages.

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

6. Cash value of agreements.

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

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

central bank.
H.4.1

3. Supplemental Information on Mortgage-Backed Securities

Millions of dollars

Wednesday

Oct 31, 2012 Account name

Mortgage-backed securities held outright1 852,039

Commitments to buy mortgage-backed securities2 105,383

Commitments to sell mortgage-backed securities2 0

Cash and cash equivalents3 67

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

underlying mortgages.

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

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

4. Information on Principal Accounts of Maiden Lane LLC

Millions of dollars

Wednesday

Oct 31, 2012 Account name

Net portfolio holdings of Maiden Lane LLC1 1,572

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

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

Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co.3 133

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

orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of September 30, 2012. Any assets purchased after

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

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

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

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

table 8 and table 9.

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

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

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

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

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

FRBNY.

5. Information on Principal Accounts of Maiden Lane II LLC

Millions of dollars

Wednesday

Oct 31, 2012 Account name

Net portfolio holdings of Maiden Lane II LLC1 61

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

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

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

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

orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of September 30, 2012. Any assets purchased after

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

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

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

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

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

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

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

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

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

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

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

FRBNY and AIG subsidiaries.
H.4.1

6. Information on Principal Accounts of Maiden Lane III LLC

Millions of dollars

Wednesday

Oct 31, 2012 Account name

Net portfolio holdings of Maiden Lane III LLC1 23

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

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

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

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

orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of September 30, 2012. Any assets purchased after

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

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

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

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

table 8 and table 9.

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

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

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

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

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

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

AIG.

7. Information on Principal Accounts of TALF LLC

Millions of dollars

Wednesday

Oct 31, 2012 Account name

Asset-backed securities holdings1 0

Other investments, net 855

Net portfolio holdings of TALF LLC 855

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

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

Funding provided by U.S. Treasury to TALF LLC, including accrued interest payable3 112

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

market on the measurement date.

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

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

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

and table 9.

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

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

of up to five years to holders of eligible asset-backed securities. The TALF is intended to assist financial markets in accommodating the credit needs of

consumers and businesses by facilitating the issuance of asset-backed securities collateralized by a variety of consumer and business loans. The loans

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

collateral to the FRBNY. The loans are extended for the market value of the security less an amount known as a haircut. As a result, the borrower bears

the initial risk of a decline in the value of the security.

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

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

conjunction with a TALF loan at a price equal to the TALF loan plus accrued but unpaid interest. Losses on asset-backed securities held by TALF LLC will

be offset in the following order: by the commitment fees collected by TALF LLC, by the interest received on investments of TALF LLC, by up to $1.4 billion

in subordinated debt funding provided by the U.S. Treasury, and finally, by senior debt funding provided by the FRBNY. Payments by TALF LLC from the

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

U.S. Treasury, interest due to the FRBNY, and interest due to the U.S. Treasury. Any remaining funds will be shared by the FRBNY and the U.S. Treasury.
H.4.1

8. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Eliminations from

consolidation

Wednesday

Oct 31, 2012

Change since

Wednesday

Oct 24, 2012

Wednesday

 Nov 2, 2011

Assets, liabilities, and capital

Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 5,200 0 0

Coin 2,154 - 13 - 147

Securities, repurchase agreements, and loans 2,580,536 - 18,116 - 41,427

Securities held outright1 2,579,274 - 18,065 - 31,850

U.S. Treasury securities 1,645,334 - 1,190 - 8,861

Bills2 0 0 - 18,423

Notes and bonds, nominal2 1,563,019 - 1,293 + 4,906

Notes and bonds, inflation-indexed2 71,944 0 + 4,082

Inflation compensation3 10,371 + 102 + 573

Federal agency debt securities2 81,902 - 844 - 25,766

Mortgage-backed securities4 852,039 - 16,030 + 2,778

Repurchase agreements5 0 0 0

Loans 1,262 - 50 - 9,578

Net portfolio holdings of Maiden Lane LLC6 1,572 + 13 - 11,399

Net portfolio holdings of Maiden Lane II LLC7 61 0 - 9,275

Net portfolio holdings of Maiden Lane III LLC8 23 0 - 18,008

Net portfolio holdings of TALF LLC9 855 0 + 61

Items in process of collection (0) 128 - 75 - 303

Bank premises 2,353 + 3 + 175

Central bank liquidity swaps10 12,903 + 726 + 11,050

Other assets11 207,931 - 402 + 69,344

Total assets (0) 2,824,750 - 17,865 + 67

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

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

Millions of dollars

Eliminations from

consolidation

Wednesday

Oct 31, 2012

Change since

Wednesday

Oct 24, 2012

Wednesday

 Nov 2, 2011

Assets, liabilities, and capital

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 1,099,575 + 6,730 + 91,132

Reverse repurchase agreements12 99,748 + 8,039 - 24,764

Deposits (0) 1,558,017 - 32,673 - 64,385

Term deposits held by depository institutions 0 0 0

Other deposits held by depository institutions 1,434,400 + 1,159 - 87,359

U.S. Treasury, General Account 99,966 + 47,119 + 36,065

U.S. Treasury, Supplementary Financing Account 0 0 0

Foreign official 5,991 + 1,129 + 5,865

Other (0) 17,660 - 82,079 - 18,956

Deferred availability cash items (0) 1,058 + 278 - 350

Other liabilities and accrued dividends13 11,593 - 249 - 4,233

Total liabilities (0) 2,769,991 - 17,875 - 2,600

Capital accounts

Capital paid in 27,380 + 6 + 1,334

Surplus 27,380 + 6 + 1,334

Other capital accounts 0 0 0

Total capital 54,760 + 12 + 2,668

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

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

2. Face value of the securities.

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

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

underlying mortgages.

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

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

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

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

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

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

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

central bank.

11.Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates and the fair value adjustment to

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

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

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

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

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

9. Statement of Condition of Each Federal Reserve Bank, October 31, 2012Millions of dollars

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

Assets, liabilities, and capital

Assets

Gold certificate account 11,037 408 3,824 437 515 890 1,337 839 313 Special drawing rights certificate acct. 5,200 196 1,818 210 237 412 654 424 150 Coin 2,154 50 107 147 147 384 201 314 35 Securities, repurchase agreements,

and loans 2,580,536 62,646 1,447,258 85,265 65,576 183,571 155,523 143,093 40,324 

Securities held outright1 2,579,274 62,646 1,446,082 85,265 65,576 183,571 155,512 143,087 40,324 

U.S. Treasury securities 1,645,334 39,962 922,464 54,391 41,832 117,101 99,202 91,276 25,723 

Bills2 0 0 0 0 0 0 0 0 0 Notes and bonds3 1,645,334 39,962 922,464 54,391 41,832 117,101 99,202 91,276 25,723 

Federal agency debt securities2 81,902 1,989 45,919 2,708 2,082 5,829 4,938 4,544 1,280 

Mortgage-backed securities4 852,039 20,694 477,699 28,167 21,663 60,641 51,372 47,267 13,321 

Repurchase agreements5 0 0 0 0 0 0 0 0 0 Loans 1,262 0 1,177 0 0 0 11 6 0 

Net portfolio holdings of Maiden

Lane LLC6 1,572 0 1,572 0 0 0 0 0 0 

Net portfolio holdings of Maiden

Lane II LLC7 61 0 61 0 0 0 0 0 0 

Net portfolio holdings of Maiden

Lane III LLC8 23 0 23 0 0 0 0 0 0 

Net portfolio holdings of TALF LLC9 855 0 855 0 0 0 0 0 0 

Items in process of collection 128 0 0 0 4 0 123 0 1 Bank premises 2,353 120 455 70 121 230 213 206 130 Central bank liquidity swaps10 12,903 452 4,162 1,119 954 2,669 738 344 106 Other assets11 207,931 5,358 110,104 8,259 6,542 18,416 12,496 10,795 3,107 Interdistrict settlement account 0 + 12,835 - 39,124 - 12,891 + 738 - 36,477 + 35,621 - 21,486 + 1,507 + 

Total assets 2,824,750 82,065 1,531,114 82,616 74,834 170,095 206,908 134,529 45,673 

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

9. Statement of Condition of Each Federal Reserve Bank, October 31, 2012 (continued)Millions of dollars

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

Assets, liabilities, and capital

Liabilities

Federal Reserve notes outstanding 1,319,726 47,048 460,972 47,637 60,869 101,625 177,504 94,367 37,523 

Less: Notes held by F.R. Banks 220,152 5,312 84,353 5,388 8,321 12,255 26,527 13,356 4,543 

Federal Reserve notes, net 1,099,575 41,736 376,619 42,249 52,548 89,370 150,976 81,011 32,980 

Reverse repurchase agreements12 99,748 2,423 55,924 3,297 2,536 7,099 6,014 5,534 1,559 

Deposits 1,558,017 34,960 1,074,223 32,501 15,159 61,594 45,398 45,893 10,471 

Term deposits held by depository

institutions 0 0 0 0 0 0 0 0 0 

Other deposits held by depository

institutions 1,434,400 34,958 950,849 32,489 15,156 61,421 45,388 45,871 10,471 

U.S. Treasury, General Account 99,966 0 99,966 0 0 0 0 0 0 U.S. Treasury, Supplementary

Financing Account 0 0 0 0 0 0 0 0 0 

Foreign official 5,991 1 5,964 3 3 8 2 1 0 Other 17,660 1 17,444 8 0 165 7 21 0 

Deferred availability cash items 1,058 0 0 0 8 0 832 0 0 Interest on Federal Reserve notes due

to U.S. Treasury13 1,504 25 854 47 36 110 96 79 26 

Other liabilities and accrued

dividends14 10,089 244 6,034 316 293 758 502 462 185 

Total liabilities 2,769,991 79,387 1,513,654 78,410 70,579 158,931 203,817 132,977 45,221 Capital

Capital paid in 27,380 1,339 8,730 2,103 2,127 5,582 1,545 776 226 Surplus 27,380 1,339 8,730 2,103 2,127 5,582 1,545 776 226 Other capital 0 0 0 0 0 0 0 0 0 

Total liabilities and capital 2,824,750 82,065 1,531,114 82,616 74,834 170,095 206,908 134,529 45,673 

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

9. Statement of Condition of Each Federal Reserve Bank, October 31, 2012 (continued)1. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.2. Face value of the securities.3. Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such securitie4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the underlying mort5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.6. Refer to table 4 and the note on consolidation below.7. Refer to table 5 and the note on consolidation below.8. Refer to table 6 and the note on consolidation below.9. Refer to table 7 and the note on consolidation below.10.Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign centr

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

11.Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates and the fair value adjustment to credit extended by 

of New York (FRBNY) to eligible	borrowers through the Term Asset-Backed Securities Loan Facility.

12.Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.13.Represents the estimated weekly remittances to U.S Treasury as interest on Federal Reserve notes or, in those cases where the Reserve Bank’s net earnings 

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

14.Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to entities other than the Federal Reserve Bank of New Y

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

Note on consolidation:The Federal Reserve Bank of New York (FRBNY) has extended loans to several limited liability companies under the authority of section 13(3) of the Federal Resewas extended to Maiden Lane LLC, which was formed to acquire certain assets of Bear Stearns. On November 25, 2008, a loan was extended to Maiden Lane III multi-sector collateralized debt obligations on which the Financial Products group of the American International Group, Inc. has written credit default swap contractwas extended to Maiden Lane II LLC, which was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment portfolio International Group, Inc. On November 25, 2008, the Federal Reserve Board authorized the FRBNY to extend credit to TALF LLC, which was formed to purchase securities received by the FRBNY in connection with the decision of a borrower not to repay a loan extended under the Term Asset-Backed Securities Loan FacilitThe FRBNY is the primary beneficiary of TALF LLC, because of the two beneficiaries of the LLC, the FRBNY and the U.S. Treasury, the FRBNY is primarily respoTALF LLC. The FRBNY is the primary beneficiary of the other LLCs cited above because it will receive a majority of any residual returns of the LLCs and absorb a Consistent with generally accepted accounting principles, the assets and liabilities of these LLCs have been consolidated with the assets and liabilities of the FRBNcondition shown on this release. As a consequence of the consolidation, the extensions of credit from the FRBNY to the LLCs are eliminated, the net assets of the (and in table 1 and table 8), and the liabilities of the LLCs to entities other than the FRBNY, including those with recourse only to the portfolio holdings of the LLCsin this table (and table 1 and table 8).
H.4.1

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

Millions of dollars

Wednesday

Oct 31, 2012 Federal Reserve notes and collateral

Federal Reserve notes outstanding 1,319,726

Less: Notes held by F.R. Banks not subject to collateralization 220,152

Federal Reserve notes to be collateralized 1,099,575

Collateral held against Federal Reserve notes 1,099,575

Gold certificate account 11,037

Special drawing rights certificate account 5,200

U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 1,083,338

Other assets pledged 0

Memo:

Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 2,579,274

Less: Face value of securities under reverse repurchase agreements 85,085

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 2,494,189

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

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

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

agreements.

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