FEDERAL RESERVE statistical release
H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                              October 4, 2012
 
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    Oct 3, 2012
Federal Reserve Banks                                      Oct 3, 2012 Sep 26, 2012  Oct 5, 2011
 
Reserve Bank credit                                        2,785,574   -   11,011   -   50,086    2,790,880
  Securities held outright (1)                             2,566,854   -    8,973   -   78,339    2,571,341
    U.S. Treasury securities                               1,648,460   +    5,302   -   17,581    1,652,944
      Bills (2)                                                    0            0   -   18,423            0
      Notes and bonds, nominal (2)                         1,566,714   +    5,316   -    3,692    1,571,169
      Notes and bonds, inflation-indexed (2)                  71,784            0   +    4,236       71,784
      Inflation compensation (3)                               9,962   -       15   +      297        9,991
    Federal agency debt securities (2)                        83,405   -    1,365   -   24,863       83,405
    Mortgage-backed securities (4)                           834,989   -   12,910   -   35,894      834,992
  Repurchase agreements (5)                                        0            0            0            0
  Loans                                                        1,595   -      133   -    9,811        1,572
    Primary credit                                                23   -       20   -        3           17
    Secondary credit                                               0            0            0            0
    Seasonal credit                                              106   -       21   +       30           89
    Term Asset-Backed Securities Loan Facility (6)             1,467   -       91   -    9,836        1,467
    Other credit extensions                                        0            0            0            0
  Net portfolio holdings of Maiden Lane LLC (7)                1,721   -       15   -   13,765        1,731
  Net portfolio holdings of Maiden Lane II LLC (8)                61            0   -    9,896           61
  Net portfolio holdings of Maiden Lane III LLC (9)               23   -      443   -   21,158           23
  Net portfolio holdings of TALF LLC (10)                        853            0   +       68          853
  Float                                                         -700   -      107   +      351         -671
  Central bank liquidity swaps (11)                           12,551   -    2,142   +   12,051       12,551
  Other Federal Reserve assets (12)                          202,615   +      801   +   70,412      203,419
Gold stock                                                    11,041            0            0       11,041
Special drawing rights certificate account                     5,200            0            0        5,200
Treasury currency outstanding (13)                            44,699   +       14   +      617       44,699

Total factors supplying reserve funds                      2,846,513   -   10,998   -   49,470    2,851,820
 
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    Oct 3, 2012
Federal Reserve Banks                                      Oct 3, 2012 Sep 26, 2012  Oct 5, 2011
 
Currency in circulation (13)                               1,129,953   +    3,887   +   91,040    1,133,670
Reverse repurchase agreements (14)                            90,535   -      696   +    6,438       87,263
  Foreign official and international accounts                 90,535   -      696   +    6,438       87,263
  Others                                                           0            0            0            0
Treasury cash holdings                                           123   +       12   -        2          129
Deposits with F.R. Banks, other than reserve balances        111,387   -   35,678   +   13,850       98,873
  Term deposits held by depository institutions                3,040            0   -    2,037        3,040
  U.S. Treasury, General Account                              83,297   +   10,058   +   39,642       73,488
  U.S. Treasury, Supplementary Financing Account                   0            0            0            0
  Foreign official                                             5,591   +       30   +    4,021        5,561
  Service-related                                                  0            0   -    2,514            0
    Required clearing balances                                     0            0   -    2,514            0
    Adjustments to compensate for float                            0            0            0            0
  Other                                                       19,458   -   45,767   -   25,264       16,784
Other liabilities and capital (15)                            67,634   -      514   -    3,301       67,260

Total factors, other than reserve balances,
   absorbing reserve funds                                 1,399,633   -   32,988   +  108,026    1,387,195

Reserve balances with Federal Reserve Banks                1,446,881   +   21,991   -  157,496    1,464,625
 
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.

 
1A. Memorandum Items
Millions of dollars
                                                                Averages of daily figures         Wednesday  
                                                           Week ended   Change from week ended    Oct 3, 2012
Memorandum item                                            Oct 3, 2012 Sep 26, 2012  Oct 5, 2011
 
Marketable securities held in custody for foreign
   official and international accounts (1)                 3,593,306   +      120   +  168,684    3,584,937
  U.S. Treasury securities                                 2,889,391   -    1,852   +  188,449    2,879,940
  Federal agency securities (2)                              703,914   +    1,971   -   19,766      704,997
Securities lent to dealers                                    10,327   +    2,177   -    4,289        7,529
  Overnight facility (3)                                      10,327   +    2,177   -    4,289        7,529
    U.S. Treasury securities                                   9,761   +    2,206   -    3,925        6,921
    Federal agency debt securities                               566   -       29   -      364          608
 
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 3, 2012
Millions of dollars
                                       Within 15    16 days to   91 days to  Over 1 year  Over 5 years    Over 10        All     
Remaining maturity                        days       90 days       1 year     to 5 years   to 10 years     years    
 
Loans (1)                                     40          229          363          940            0           ...        1,572
U.S. Treasury securities (2)
  Holdings                                     0          485          611      461,377      809,358       381,112    1,652,944
  Weekly changes                      -      825   +      382   -      381   -    3,187   +    4,842    +    3,709   +    4,541
Federal agency debt securities (3)
  Holdings                                   659        5,963       16,131       53,895        4,410         2,347       83,405
  Weekly changes                               0            0   +    3,000   -    3,000            0             0            0
Mortgage-backed securities (4)
  Holdings                                     0            0            4            2          306       834,680      834,992
  Weekly changes                               0            0   +        1   -        1   +       12    +        1   +       13
Asset-backed securities held by
   TALF LLC (5)                                0            0            0            0            0             0            0
Repurchase agreements (6)                      0            0          ...          ...          ...           ...            0
Central bank liquidity swaps (7)           4,375        8,175            0            0            0             0       12,551

Reverse repurchase agreements (6)         87,263            0          ...          ...          ...           ...       87,263
Term deposits                              3,040            0            0          ...          ...           ...        3,040
 
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.

 
3. Supplemental Information on Mortgage-Backed Securities
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                            Oct 3, 2012 
 
Mortgage-backed securities held outright (1)                                                                             834,992

Commitments to buy mortgage-backed securities (2)                                                                         93,702
Commitments to sell mortgage-backed securities (2)                                                                         3,200

Cash and cash equivalents (3)                                                                                                  6
 
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   
Account name                                                                                                            Oct 3, 2012 
 
Net portfolio holdings of Maiden Lane LLC (1)                                                                              1,731

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)                                308
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
   be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of
        June 30, 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   
Account name                                                                                                            Oct 3, 2012 
 
Net portfolio holdings of Maiden Lane II LLC (1)                                                                              61

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
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
        June 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.

 
6. Information on Principal Accounts of Maiden Lane III LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                            Oct 3, 2012 
 
Net portfolio holdings of Maiden Lane III LLC (1)                                                                             23

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 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
        June 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   
Account name                                                                                                            Oct 3, 2012 
 
Asset-backed securities holdings (1)                                                                                           0
Other investments, net                                                                                                       853
Net portfolio holdings of TALF LLC                                                                                           853

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
Funding provided by U.S. Treasury to TALF LLC, including accrued interest payable (3)                                        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.

 
8. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
                                                       Eliminations from  Wednesday         Change since       
                                                        consolidation    Oct 3, 2012   Wednesday    Wednesday  
Assets, liabilities, and capital                                                      Sep 26, 2012  Oct 5, 2011
 
Assets
  Gold certificate account                                                  11,037             0            0
  Special drawing rights certificate account                                 5,200             0            0
  Coin                                                                       2,180    -        3   -       77
  Securities, repurchase agreements, and loans                           2,572,913    +    4,394   -   89,419
    Securities held outright (1)                                         2,571,341    +    4,554   -   79,595
      U.S. Treasury securities                                           1,652,944    +    4,541   -   18,840
        Bills (2)                                                                0             0   -   18,423
        Notes and bonds, nominal (2)                                     1,571,169    +    4,515   -    4,908
        Notes and bonds, inflation-indexed (2)                              71,784             0   +    4,187
        Inflation compensation (3)                                           9,991    +       26   +      303
      Federal agency debt securities (2)                                    83,405             0   -   24,863
      Mortgage-backed securities (4)                                       834,992    +       13   -   35,891
    Repurchase agreements (5)                                                    0             0            0
    Loans                                                                    1,572    -      160   -    9,824
  Net portfolio holdings of Maiden Lane LLC (6)                              1,731    +       11   -   13,754
  Net portfolio holdings of Maiden Lane II LLC (7)                              61             0   -    9,791
  Net portfolio holdings of Maiden Lane III LLC (8)                             23    -        2   -   21,212
  Net portfolio holdings of TALF LLC (9)                                       853             0   +       68
  Items in process of collection                            (109)              229    +       91   -       34
  Bank premises                                                              2,344    -        6   +      163
  Central bank liquidity swaps (10)                                         12,551    -    2,142   +   12,051
  Other assets (11)                                                        201,076    +    1,668   +   69,371

Total assets                                                (109)        2,810,196    +    4,009   -   52,636
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

 
8. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
                                                       Eliminations from  Wednesday         Change since       
                                                        consolidation    Oct 3, 2012   Wednesday    Wednesday  
Assets, liabilities, and capital                                                      Sep 26, 2012  Oct 5, 2011
 
Liabilities
  Federal Reserve notes, net of F.R. Bank holdings                       1,091,276    +    5,468   +   90,608
  Reverse repurchase agreements (12)                                        87,263    -    2,273   +    4,435
  Deposits                                                    (0)        1,563,498    +       37   -  143,867
    Term deposits held by depository institutions                            3,040             0   -    2,037
    Other deposits held by depository institutions                       1,464,625    -    5,911   -  161,972
    U.S. Treasury, General Account                                          73,488    +    7,823   +   41,865
    U.S. Treasury, Supplementary Financing Account                               0             0            0
    Foreign official                                                         5,561    +        1   +    5,342
    Other                                                     (0)           16,784    -    1,876   -   27,066
  Deferred availability cash items                          (109)              899    +      120   -      618
  Other liabilities and accrued dividends (13)                              12,528    +      643   -    5,892

Total liabilities                                           (109)        2,755,464    +    3,995   -   55,335

Capital accounts
  Capital paid in                                                           27,366    +        7   +    1,350
  Surplus                                                                   27,366    +        7   +    1,350
  Other capital accounts                                                         0             0            0

Total capital                                                               54,732    +       14   +    2,699
 
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.


 
9. Statement of Condition of Each Federal Reserve Bank,    October 3, 2012
Millions of dollars
                                               Total      Boston     New York   Philadelphia Cleveland   Richmond     Atlanta     Chicago    St. Louis  Minneapolis   Kansas      Dallas        San    
Assets, liabilities, and capital                                                                                                                                       City                  Francisco 
 
Assets
  Gold certificate account                      11,037         408       3,824         437         515         890       1,337         839         313         192         315         725       1,242
  Special drawing rights certificate acct.       5,200         196       1,818         210         237         412         654         424         150          90         153         282         574
  Coin                                           2,180          52         105         148         148         387         206         319          35          53         164         206         358
  Securities, repurchase agreements,
     and loans                               2,572,913      62,453   1,443,100      85,003      65,375     183,006     155,051     142,656      40,217      23,417      51,672      99,919     221,044
    Securities held outright (1)             2,571,341      62,453   1,441,634      85,003      65,375     183,006     155,034     142,647      40,200      23,376      51,659      99,910     221,044
      U.S. Treasury securities               1,652,944      40,147     926,730      54,643      42,025     117,642      99,661      91,698      25,842      15,027      33,208      64,225     142,094
        Bills (2)                                    0           0           0           0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                  1,652,944      40,147     926,730      54,643      42,025     117,642      99,661      91,698      25,842      15,027      33,208      64,225     142,094
      Federal agency debt securities (2)        83,405       2,026      46,761       2,757       2,121       5,936       5,029       4,627       1,304         758       1,676       3,241       7,170
      Mortgage-backed securities (4)           834,992      20,280     468,142      27,603      21,229      59,428      50,344      46,322      13,054       7,591      16,775      32,444      71,780
    Repurchase agreements (5)                        0           0           0           0           0           0           0           0           0           0           0           0           0
    Loans                                        1,572           0       1,467           0           0           0          17           9          16          41          13          10           0
  Net portfolio holdings of Maiden
     Lane LLC (6)                                1,731           0       1,731           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane II LLC (7)                                61           0          61           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane III LLC (8)                               23           0          23           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (9)           853           0         853           0           0           0           0           0           0           0           0           0           0
  Items in process of collection                   338           2           0          45          25           5         204           9           4           5           5           5          28
  Bank premises                                  2,344         120         453          68         122         229         213         202         130         104         254         240         210
  Central bank liquidity swaps (10)             12,551         440       4,049       1,089         928       2,596         718         335         103          51         125         201       1,917
  Other assets (11)                            201,076       5,190     106,223       8,038       6,373      17,951      12,089      10,411       2,990       1,754       3,799       7,258      18,999
  Interdistrict settlement account                   0   +   3,585   -  45,612   -  13,113   +   2,497   -  40,567   +  32,251   +     842   +   2,493   +   2,494   -   1,615   +   2,504   +  54,244

Total assets                                 2,810,305      72,446   1,516,628      81,924      76,220     164,908     202,721     156,037      46,434      28,159      54,872     111,341     298,615
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

 
9. Statement of Condition of Each Federal Reserve Bank,    October 3, 2012 (continued)
Millions of dollars
                                               Total      Boston     New York   Philadelphia Cleveland   Richmond     Atlanta     Chicago    St. Louis  Minneapolis   Kansas      Dallas        San    
Assets, liabilities, and capital                                                                                                                                       City                  Francisco 
 
Liabilities
  Federal Reserve notes outstanding          1,310,140      45,718     458,691      47,659      61,113     101,795     176,924      94,517      37,293      22,486      36,237      86,411     141,295
    Less: Notes held by F.R. Banks             218,864       5,070      85,326       5,928       8,391      12,456      27,653      13,580       4,410       3,406       4,056      22,753      25,834
      Federal Reserve notes, net             1,091,276      40,648     373,365      41,730      52,722      89,340     149,271      80,937      32,883      19,080      32,181      63,659     115,461
  Reverse repurchase agreements (12)            87,263       2,119      48,924       2,885       2,219       6,211       5,261       4,841       1,364         793       1,753       3,391       7,502
  Deposits                                   1,563,498      26,707   1,069,047      32,651      16,664      57,329      44,284      68,131      11,495       7,757      20,125      42,933     166,376
    Term deposits held by depository
       institutions                              3,040           5       2,596           0           0          10          55           5           0          65         299           5           0
    Other deposits held by depository
       institutions                          1,464,625      26,695     970,958      32,630      16,661      57,066      44,218      68,099      11,494       7,692      19,825      42,918     166,369
    U.S. Treasury, General Account              73,488           0      73,488           0           0           0           0           0           0           0           0           0           0
    U.S. Treasury, Supplementary
       Financing Account                             0           0           0           0           0           0           0           0           0           0           0           0           0
    Foreign official                             5,561           1       5,534           3           3           8           2           1           0           0           0           1           6
    Other                                       16,784           5      16,471          17           0         245           8          26           0           0           1           9           1
  Deferred availability cash items               1,008          34           0          99          44          24         214          27          29         137          37          88         275
  Interest on Federal Reserve notes due
     to U.S. Treasury (13)                       1,514          20         908          38          26          88         112          82          23          17          29          60         110
  Other liabilities and accrued
     dividends (14)                             11,014         245       6,923         315         291         751         506         469         189         147         195         334         650

Total liabilities                            2,755,573      69,773   1,499,168      77,718      71,966     153,743     199,647     154,486      45,983      27,930      54,321     110,465     290,373

Capital
  Capital paid in                               27,366       1,336       8,730       2,103       2,127       5,583       1,537         775         225         114         276         438       4,121
  Surplus                                       27,366       1,336       8,730       2,103       2,127       5,583       1,537         775         225         114         276         438       4,121
  Other capital                                      0           0           0           0           0           0           0           0           0           0           0           0           0

Total liabilities and capital                2,810,305      72,446   1,516,628      81,924      76,220     164,908     202,721     156,037      46,434      28,159      54,872     111,341     298,615
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

9. Statement of Condition of Each Federal Reserve Bank,    October 3, 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 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 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 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. 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.
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 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 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 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 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. has written credit default swap contracts. 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 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.

The 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 responsible for directing the financial
activities of TALF 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 majority of any residual
losses of the LLCs. Consistent with generally accepted accounting principles, the assets and liabilities of these LLCs 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 the consolidation, the extensions of credit 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 8), and the liabilities of the LLCs to entities other than the 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 8).

 
10. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
                                                                                            Wednesday   
Federal Reserve notes and collateral                                                        Oct 3, 2012 
 
Federal Reserve notes outstanding                                                          1,310,140
  Less: Notes held by F.R. Banks not subject to collateralization                            218,864
    Federal Reserve notes to be collateralized                                             1,091,276
Collateral held against Federal Reserve notes                                              1,091,276
  Gold certificate account                                                                    11,037
  Special drawing rights certificate account                                                   5,200
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                 1,075,039
  Other assets pledged                                                                             0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                     2,571,341
  Less: Face value of securities under reverse repurchase agreements                          74,189
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged      2,497,152
 
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.