FEDERAL RESERVE statistical release

For release at

4:30 P.M. EDT

July 22, 2010

Consistent with the terms of the Maiden Lane LLC (LLC) transaction, on July 15, 2010, the

LLC began making distributions to repay its loan extended by the Federal Reserve Bank of

New York (FRBNY). These distributions will occur on a monthly basis unless otherwise

directed by the Federal Reserve and will follow the order of payments explained in the note

to Table 4. These distributions will also result in a corresponding reduction of the net

portfolio holdings of the LLC.
FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and

Condition Statement of Federal Reserve Banks July 22, 2010

1. Factors Affecting Reserve Balances of Depository Institutions

Millions of dollars

Averages of daily figures Wednesday

Jul 21, 2010 Week ended

Jul 21, 2010

Change from week ended

Jul 14, 2010 Jul 22, 2009

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Reserve Bank credit 2,315,726 - 215 + 305,035 2,315,304

Securities held outright1 2,061,234 + 755 + 735,283 2,060,984

U.S. Treasury securities 777,010 + 8 + 90,534 777,013

Bills2 18,423 0 0 18,423

Notes and bonds, nominal2 712,020 - 3 + 93,445 712,020

Notes and bonds, inflation-indexed2 41,129 + 4 - 3,094 41,129

Inflation compensation3 5,439 + 8 + 184 5,442

Federal agency debt securities2 159,771 - 3,855 + 57,650 159,381

Mortgage-backed securities4 1,124,453 + 4,602 + 587,099 1,124,590

Repurchase agreements5 0 0 0 0

Term auction credit 0 0 - 237,634 0

Other loans 65,905 - 870 - 44,735 65,551

Primary credit 25 - 61 - 33,723 49

Secondary credit 1 + 1 - 30 5

Seasonal credit 79 + 7 - 10 80

Asset-Backed Commercial Paper Money Market

Mutual Fund Liquidity Facility 0 0 - 3,560 0

Credit extended to American International

Group, Inc., net6 24,154 - 358 - 18,978 23,888

Term Asset-Backed Securities Loan Facility7 41,646 - 459 + 11,566 41,529

Other credit extensions 0 0 0 0

Net portfolio holdings of Commercial Paper

Funding Facility LLC8 1 0 - 110,500 1

Net portfolio holdings of Maiden Lane LLC9 28,538 + 7 + 2,549 28,570

Net portfolio holdings of Maiden Lane II LLC10 15,550 + 5 - 205 15,556

Net portfolio holdings of Maiden Lane III LLC11 22,969 + 38 + 4,152 22,980

Net portfolio holdings of TALF LLC12 511 + 5 + 511 540

Preferred interests in AIA Aurora LLC and ALICO

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

Float -1,671 + 162 + 387 -1,777

Central bank liquidity swaps14 1,246 + 1 - 88,618 1,246

Other Federal Reserve assets15 95,711 - 317 + 18,114 95,920

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding16 43,210 + 14 + 737 43,210

Total factors supplying reserve funds 2,375,177 - 201 + 308,772 2,374,755

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

Jul 21, 2010 Week ended

Jul 21, 2010

Change from week ended

Jul 14, 2010 Jul 22, 2009

Reserve Bank credit, related items, and

reserve balances of depository institutions at

Federal Reserve Banks

Currency in circulation16 942,989 - 2,848 + 34,245 943,213

Reverse repurchase agreements17 63,368 + 532 - 4,437 61,467

Foreign official and international accounts 63,368 + 532 - 4,437 61,467

Dealers 0 0 0 0

Treasury cash holdings 243 - 3 - 104 228

Deposits with F.R. Banks, other than reserve balances 259,625 + 24,301 - 21,008 252,492

Term deposits held by depository institutions 4,241 + 2,119 + 4,241 4,241

U.S. Treasury, general account 51,307 + 33,045 - 21,881 43,865

U.S. Treasury, supplementary financing account 199,962 0 + 26 199,962

Foreign official 1,257 - 230 - 479 1,448

Service-related 2,469 - 3 - 2,692 2,469

Required clearing balances 2,469 - 3 - 2,680 2,469

Adjustments to compensate for float 0 0 - 12 0

Other 389 - 10,631 - 223 508

Other liabilities and capital18 72,719 + 112 + 16,108 71,570

Total factors, other than reserve balances,

absorbing reserve funds 1,338,944 + 22,094 + 24,804 1,328,969

Reserve balances with Federal Reserve Banks 1,036,233 - 22,296 + 283,968 1,045,786

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

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

2. Face value of the securities.

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

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

the underlying mortgages.

5. Cash value of agreements.

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

Excludes credit extended to consolidated LLCs.

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

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

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

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

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

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

13.Refer to table 9.

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

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

foreign central bank.

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

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

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

16.Estimated.

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

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

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

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

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

1A. Memorandum Items

Millions of dollars

Averages of daily figures Wednesday

Jul 21, 2010 Week ended

Jul 21, 2010

Change from week ended

Jul 14, 2010 Jul 22, 2009

Memorandum item

Marketable securities held in custody for foreign

official and international accounts1 3,131,777 + 18,067 + 344,846 3,139,293

U.S. Treasury securities 2,303,507 + 13,772 + 307,712 2,308,147

Federal agency securities2 828,271 + 4,296 + 37,134 831,146

Securities lent to dealers 4,456 - 2,325 - 7,006 3,405

Overnight facility3 4,456 - 2,325 - 4,084 3,405

U.S. Treasury securities 3,300 - 1,784 - 5,055 2,348

Federal agency debt securities 1,156 - 540 + 971 1,057

Term facility4 0 0 - 2,921 0

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

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

2. Includes debt and mortgage-backed securities.

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

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

2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, July 21, 2010

Millions of dollars

Within 15

days

16 days to

90 days

91 days to

1 year

Over 1 year

to 5 years

Over 5 years

to 10 years

Over 10

years

Remaining maturity All

Other loans1 123 11 0 65,418 0 ... 65,551

U.S. Treasury securities2

Holdings 15,553 17,949 52,371 332,299 214,994 143,848 777,013

Weekly changes + 889 - 331 - 579 + 12 + 12 + 7 + 8

Federal agency debt securities3

Holdings 0 7,451 37,894 78,943 32,746 2,347 159,381

Weekly changes - 2,730 + 252 + 782 - 232 - 802 0 - 2,730

Mortgage-backed securities4

Holdings 0 0 0 31 20 1,124,539 1,124,590

Weekly changes 0 0 0 0 0 - 3,970 - 3,970

Commercial paper held by

Commercial Paper Funding

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

Asset-backed securities held by

TALF LLC6 0 0 0 0 0 0 0

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

Central bank liquidity swaps8 0 1,246 0 0 0 0 1,246

Reverse repurchase agreements7 61,467 0 ... ... ... ... 61,467

Term deposits 2,122 2,119 0 ... ... ... 4,241

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

. . . Not applicable.

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

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

consistent with consolidation under generally accepted accounting principles.

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

original face value of such securities.

3. Face value.

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

underlying mortgages.

5. Face value of commercial paper held by Commercial Paper Funding Facility LLC.

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

7. Cash value of agreements.

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

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

central bank.
H.4.1

3. Supplemental Information on Mortgage-Backed Securities Purchase Program

Millions of dollars

Wednesday

Jul 21, 2010 Account name

Mortgage-backed securities held outright1 1,124,590

Commitments to buy mortgage-backed securities2 3,885

Commitments to sell mortgage-backed securities2 0

Cash and cash equivalents3 261

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

underlying mortgages.

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

3. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 10 and table 11.

4. Information on Principal Accounts of Maiden Lane LLC

Millions of dollars

Wednesday

Jul 21, 2010 Account name

Net portfolio holdings of Maiden Lane LLC1 28,570

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 28,790

Accrued interest payable to the Federal Reserve Bank of New York2 525

Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co.3 1,284

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 March 31, 2010. Any assets purchased after

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

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

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

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

table 10 and table 11.

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

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

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

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

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

FRBNY.

5. Information on Principal Accounts of Maiden Lane II LLC

Millions of dollars

Wednesday

Jul 21, 2010 Account name

Net portfolio holdings of Maiden Lane II LLC1 15,556

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 14,089

Accrued interest payable to the Federal Reserve Bank of New York2 372

Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc.3 1,056

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 March 31, 2010. Any assets purchased after

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

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

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

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

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

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

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

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

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

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

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

FRBNY and AIG subsidiaries.
H.4.1

6. Information on Principal Accounts of Maiden Lane III LLC

Millions of dollars

Wednesday

Jul 21, 2010 Account name

Net portfolio holdings of Maiden Lane III LLC1 22,980

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 15,469

Accrued interest payable to the Federal Reserve Bank of New York2 461

Outstanding principal amount and accrued interest on loan payable to American International Group, Inc.3 5,288

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 March 31, 2010. Any assets purchased after

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

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

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

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

table 10 and table 11.

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

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

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

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

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

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

AIG.

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

Millions of dollars

Wednesday

Jul 21, 2010 Account name

Commercial paper holdings, net1 0

Other investments, net 1

Net portfolio holdings of Commercial Paper Funding Facility LLC 1

Memorandum: Commercial paper holdings, face value 0

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

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

1. Book value, which includes amortized cost and related fees.

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

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

Note: On October 27, 2008, the Federal Reserve Bank of New York began extending loans under the authority of section 13(3) of the Federal

Reserve Act to Commercial Paper Funding Facility LLC. This LLC is a limited liability company formed to purchase three-month U.S.

dollar-denominated commercial paper from eligible issuers and thereby foster liquidity in short-term funding markets and increase the availability

of credit for businesses and households.
H.4.1

8. Information on Principal Accounts of TALF LLC

Millions of dollars

Wednesday

Jul 21, 2010 Account name

Asset-backed securities holdings1 0

Other investments, net 540

Net portfolio holdings of TALF LLC 540

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 104

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

market on the measurement date.

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

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

3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in table 10

and table 11.

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

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

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

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

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

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

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

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

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

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

be offset in the following order: by the commitment fees collected by TALF LLC, by the interest received on investments of TALF LLC, by up to $20 billion

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

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

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

9. Supplemental Information on the Federal Reserve Bank of New York’s Preferred Interests in

AIA Aurora LLC and ALICO Holdings LLC

Millions of dollars

Wednesday

Jul 21, 2010 Account name

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

Accrued dividends on preferred interests in AIA Aurora LLC and ALICO Holdings LLC2 74

Preferred interests in AIA Aurora LLC1 16,469

Accrued dividends on preferred interests in AIA Aurora LLC2 47

Preferred interests in ALICO Holdings LLC1 9,264

Accrued dividends on preferred interests in ALICO Holdings LLC2 27

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

1. Book value.

2. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 10 and table 11.

Note on preferred interests:

In conjunction with the restructuring of the government’s assistance to American International Group, Inc. (AIG) announced March 2, 2009, the

outstanding balance and amount available of revolving credit provided to AIG by the FRBNY has been reduced in exchange for preferred interests in two

special purpose vehicles, AIA Aurora LLC and ALICO Holdings LLC. These two limited liability companies were created to directly or indirectly hold all

of the outstanding common stock of American International Assurance Company Ltd. (AIA) and American Life Insurance Company (ALICO), two life

insurance subsidiaries of AIG. AIG will retain control of AIA Aurora LLC and ALICO Holdings LLC, and the FRBNY will have certain consent, disposition,

and conversion rights with respect to its preferred interests.

Dividends accrue as a percentage of the FRBNY’s preferred interests in AIA Aurora LLC and ALICO Holdings LLC. On a quarterly basis, the accrued

dividends are capitalized and added to the FRBNY’s preferred interests in AIA Aurora LLC and ALICO Holdings LLC.
H.4.1

10. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Eliminations from

consolidation

Wednesday

Jul 21, 2010

Change since

Wednesday

Jul 14, 2010

Wednesday

Jul 22, 2009

Assets, liabilities, and capital

Assets

Gold certificate account 11,037 0 0

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

Coin 2,033 + 45 + 195

Securities, repurchase agreements, term auction

credit, and other loans 2,126,535 - 7,712 + 438,892

Securities held outright1 2,060,984 - 6,692 + 720,113

U.S. Treasury securities 777,013 + 8 + 84,287

Bills2 18,423 0 0

Notes and bonds, nominal2 712,020 - 3 + 87,445

Notes and bonds, inflation-indexed2 41,129 + 4 - 3,309

Inflation compensation3 5,442 + 8 + 151

Federal agency debt securities2 159,381 - 2,730 + 56,701

Mortgage-backed securities4 1,124,590 - 3,970 + 579,124

Repurchase agreements5 0 0 0

Term auction credit 0 0 - 237,634

Other loans 65,551 - 1,020 - 43,586

Net portfolio holdings of Commercial Paper

Funding Facility LLC6 1 0 - 109,845

Net portfolio holdings of Maiden Lane LLC7 28,570 + 8 + 2,514

Net portfolio holdings of Maiden Lane II LLC8 15,556 + 7 - 204

Net portfolio holdings of Maiden Lane III LLC9 22,980 + 13 + 4,143

Net portfolio holdings of TALF LLC10 540 + 34 + 540

Preferred interests in AIA Aurora LLC and ALICO

Holdings LLC11 25,733 0 + 25,733

Items in process of collection (47) 358 + 2 - 80

Bank premises 2,231 0 + 20

Central bank liquidity swaps12 1,246 + 1 - 88,336

Other assets13 93,719 - 804 + 17,686

Total assets (47) 2,335,740 - 8,405 + 294,259

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

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

Millions of dollars

Eliminations from

consolidation

Wednesday

Jul 21, 2010

Change since

Wednesday

Jul 14, 2010

Wednesday

Jul 22, 2009

Assets, liabilities, and capital

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 902,259 - 2,281 + 33,031

Reverse repurchase agreements14 61,467 - 798 - 5,366

Deposits (0) 1,298,309 - 2,959 + 251,990

Term deposits held by depository institutions 4,241 + 2,119 + 4,241

Other deposits held by depository institutions 1,048,285 - 22,978 + 266,896

U.S. Treasury, general account 43,865 + 35,999 - 17,736

U.S. Treasury, supplementary financing account 199,962 0 + 26

Foreign official 1,448 + 194 - 436

Other (0) 508 - 18,294 - 1,001

Deferred availability cash items (46) 2,136 - 220 - 351

Other liabilities and accrued dividends15 14,730 - 2,303 + 8,253

Total liabilities (47) 2,278,900 - 8,563 + 287,556

Capital accounts

Capital paid in 26,661 0 + 2,145

Surplus 25,816 + 6 + 4,527

Other capital accounts 4,362 + 151 + 31

Total capital 56,840 + 158 + 6,703

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

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

2. Face value of the securities.

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

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

underlying mortgages.

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

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

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

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

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

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

11.Refer to table 9.

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

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

central bank.

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

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

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

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

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

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

table 4 through table 8 and the note on consolidation accompanying table 11.
H.4.1

11. Statement of Condition of Each Federal Reserve Bank, July 21, 2010Millions of dollars

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

Assets, liabilities, and capital

Assets

Gold certificate account 11,037 369 4,038 404 463 846 1,385 887 324 Special drawing rights certificate acct. 5,200 196 1,818 210 237 412 654 424 150 Coin 2,033 65 71 157 149 296 189 316 29 Securities, repurchase agreements,

term auction credit, and otherloans 2,126,535 52,178 906,409 48,137 70,025 234,728 195,035 155,386 53,109 

Securities held outright1 2,060,984 52,157 840,991 48,130 70,023 234,724 195,026 155,370 53,087 

U.S. Treasury securities 777,013 19,664 317,062 18,146 26,400 88,493 73,527 58,576 20,014 

Bills2 18,423 466 7,517 430 626 2,098 1,743 1,389 475 Notes and bonds3 758,590 19,197 309,545 17,715 25,774 86,395 71,784 57,187 19,540 

Federal agency debt securities2 159,381 4,033 65,036 3,722 5,415 18,152 15,082 12,015 4,105 

Mortgage-backed securities4 1,124,590 28,460 458,892 26,262 38,209 128,079 106,417 84,779 28,967 

Repurchase agreements5 0 0 0 0 0 0 0 0 0 Term auction credit 0 0 0 0 0 0 0 0 0 Other loans 65,551 21 65,418 7 2 4 9 16 22 

Net portfolio holdings of Commercial

Paper Funding Facility LLC6 1 0 1 0 0 0 0 0 0 

Net portfolio holdings of Maiden

Lane LLC7 28,570 0 28,570 0 0 0 0 0 0 

Net portfolio holdings of Maiden

Lane II LLC8 15,556 0 15,556 0 0 0 0 0 0 

Net portfolio holdings of Maiden

Lane III LLC9 22,980 0 22,980 0 0 0 0 0 0 

Net portfolio holdings of TALF LLC10 540 0 540 0 0 0 0 0 0 

Preferred interests in AIA Aurora LLC

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

Items in process of collection 405 20 0 26 69 8 112 54 33 Bank premises 2,231 123 258 70 143 238 219 210 135 Central bank liquidity swaps12 1,246 46 362 136 93 347 77 30 12 Other assets13 93,719 2,673 35,464 4,318 4,175 14,727 8,002 5,738 2,023 Interdistrict settlement account 0 - 6,380 + 147,180 + 18,777 - 19,541 - 2,107 - 49,099 - 43,034 - 16,479 + 

Total assets 2,335,787 49,290 1,188,980 72,235 55,812 249,495 156,575 120,012 39,335 

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

11. Statement of Condition of Each Federal Reserve Bank, July 21, 2010 (continued)Millions of dollars

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

Assets, liabilities, and capital

Liabilities

Federal Reserve notes outstanding 1,118,399 37,033 397,063 42,366 44,542 87,965 143,266 86,295 31,663 

Less: Notes held by F.R. Banks 216,140 4,158 87,674 5,505 9,863 14,559 29,835 12,621 4,527 

Federal Reserve notes, net 902,259 32,875 309,389 36,861 34,679 73,406 113,431 73,674 27,135 

Reverse repurchase agreements14 61,467 1,556 25,082 1,435 2,088 7,000 5,816 4,634 1,583 

Deposits 1,298,309 12,688 827,618 27,843 14,372 155,455 33,346 39,655 9,862 

Term deposits held by depository

institutions 4,241 51 1,817 0 28 148 189 525 56 

Other deposits held by depository

institutions 1,048,285 12,615 580,230 27,838 14,341 155,169 33,155 39,099 9,805 

U.S. Treasury, general account 43,865 0 43,865 0 0 0 0 0 0 U.S. Treasury, supplementary

financing account 199,962 0 199,962 0 0 0 0 0 0 

Foreign official 1,448 1 1,420 4 3 11 2 1 0 Other 509 20 326 0 1 127 0 30 1 

Deferred availability cash items 2,182 69 0 217 515 93 150 193 58 Other liabilities and accrued

dividends15 14,730 202 10,879 212 257 741 561 462 200 

Total liabilities 2,278,947 47,389 1,172,967 66,567 51,911 236,696 153,305 118,618 38,839 Capital

Capital paid in 26,661 916 7,627 2,806 1,918 5,438 1,545 642 218 Surplus 25,816 945 7,613 2,803 1,911 7,141 1,581 620 239 Other capital 4,362 39 773 58 72 221 144 132 39 

Total liabilities and capital 2,335,787 49,290 1,188,980 72,235 55,812 249,495 156,575 120,012 39,335 

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

11. Statement of Condition of Each Federal Reserve Bank, July 21, 2010 (continued)1. Includes securities lent to dealers under the overnight and term securities lending facilities; refer to table 1A.2. Face value of the securities.3. Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such securitie4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the underlying mort5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.6. Refer to table 7 and the note on consolidation below.7. Refer to table 4 and the note on consolidation below.8. Refer to table 5 and the note on consolidation below.9. Refer to table 6 and the note on consolidation below.10.Refer to table 8 and the note on consolidation below.11.Refer to table 9.12.Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign centr

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

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

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

14.Cash value of agreements, which are collateralized by U.S. Treasury securities and federal agency debt securities.15.Includes the liabilities of Commercial Paper Funding Facility LLC, Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to entities other 

New York, including liabilities that have recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 8 and the note on consolidation belo

Note on consolidation:The Federal Reserve Bank of New York (FRBNY) has extended loans to several limited liability companies under the authority of section 13(3) of the Federal Resewas extended to Maiden Lane LLC, which was formed to acquire certain assets of Bear Stearns. On October 27, 2008, the FRBNY began extending loans to Comwas formed to purchase three-month U.S. dollar-denominated commercial paper from eligible issuers. On November 25, 2008, a loan was extended to Maiden Lamulti-sector collateralized debt obligations on which the Financial Products group of the American International Group, Inc. has written credit default swap contractwas extended to Maiden Lane II LLC, which was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment portfolio International Group, Inc. On November 25, 2008, the Federal Reserve Board authorized the FRBNY to extend credit to TALF LLC, which was formed to purchase securities received by the FRBNY in connection with the decision of a borrower not to repay a loan extended under the Term Asset-Backed Securities Loan FacilitThe FRBNY is the sole beneficiary of Commercial Paper Funding Facility LLC. The FRBNY is the primary beneficiary of TALF LLC, because of the two beneficiarieU.S. Treasury, the FRBNY is primarily responsible for directing the financial activities of TALF LLC. The FRBNY is the primary beneficiary of the other LLCs cited amajority of any residual returns of the LLCs and absorb a majority of any residual losses of the LLCs. Consistent with generally accepted accounting principles, the have been consolidated with the assets and liabilities of the FRBNY in the preparation of the statements of condition shown on this release. As a consequence of tcredit from the FRBNY to the LLCs are eliminated, the net assets of the LLCs appear as assets on the previous page (and in table 1 and table 10), and the liabilitiethe FRBNY, including those with recourse only to the portfolio holdings of the LLCs, are included in other liabilities in this table (and table 1 and table 10).
H.4.1

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

Millions of dollars

Wednesday

Jul 21, 2010 Federal Reserve notes and collateral

Federal Reserve notes outstanding 1,118,399

Less: Notes held by F.R. Banks not subject to collateralization 216,140

Federal Reserve notes to be collateralized 902,259

Collateral held against Federal Reserve notes 902,259

Gold certificate account 11,037

Special drawing rights certificate account 5,200

U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 886,022

Other assets pledged 0

Memo:

Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 2,060,984

Less: Face value of securities under reverse repurchase agreements 59,866

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 2,001,118

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

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

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

agreements.

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