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`FEDERAL RESERVE statistical release
H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                             October 20, 2011
 
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 19, 2011
Federal Reserve Banks                                     Oct 19, 2011 Oct 12, 2011 Oct 20, 2010
 
Reserve Bank credit                                        2,837,822   -    2,063   +  554,105    2,835,246
  Securities held outright (1)                             2,641,082   -    4,715   +  596,340    2,640,000
    U.S. Treasury securities                               1,665,962   -      683   +  840,998    1,670,256
      Bills (2)                                               18,423            0            0       18,423
      Notes and bonds, nominal (2)                         1,569,071   -      252   +  810,371    1,574,540
      Notes and bonds, inflation-indexed (2)                  68,574   -      392   +   26,256       67,596
      Inflation compensation (3)                               9,895   -       39   +    4,372        9,698
    Federal agency debt securities (2)                       108,011   -      257   -   43,893      107,668
    Mortgage-backed securities (4)                           867,108   -    3,775   -  200,766      862,075
  Repurchase agreements (5)                                        0            0            0            0
  Loans                                                       11,260   -      114   -   37,322       11,255
    Primary credit                                                 3   -       35   -       29            2
    Secondary credit                                               0   -        1            0            0
    Seasonal credit                                               42   -       19   -        3           40
    Credit extended to American International
       Group, Inc., net (6)                                        0            0   -   19,607            0
    Term Asset-Backed Securities Loan Facility (7)            11,215   -       58   -   17,684       11,212
    Other credit extensions                                        0            0            0            0
  Net portfolio holdings of Maiden Lane LLC (8)               14,490   -      997   -   13,463       13,120
  Net portfolio holdings of Maiden Lane II LLC (9)             9,856   +        3   -    5,821        9,858
  Net portfolio holdings of Maiden Lane III LLC (10)          21,088   -      155   -    1,747       20,817
  Net portfolio holdings of TALF LLC (11)                        785            0   +      184          785
  Preferred interests in AIA Aurora LLC and ALICO
     Holdings LLC (6)                                              0            0   -   26,057            0
  Float                                                       -1,093   +       72   +      612       -1,134
  Central bank liquidity swaps (12)                            1,853   +    1,353   +    1,293        1,853
  Other Federal Reserve assets (13)                          138,503   +    2,490   +   40,089      138,692
Gold stock                                                    11,041            0            0       11,041
Special drawing rights certificate account                     5,200            0            0        5,200
Treasury currency outstanding (14)                            44,149   +       14   +      706       44,149

Total factors supplying reserve funds                      2,898,212   -    2,049   +  554,811    2,895,636
 
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 19, 2011
Federal Reserve Banks                                     Oct 19, 2011 Oct 12, 2011 Oct 20, 2010
 
Currency in circulation (14)                               1,042,833   -    2,154   +   81,065    1,042,878
Reverse repurchase agreements (15)                            80,356   +    3,506   +   18,660       80,468
  Foreign official and international accounts                 80,356   +    3,506   +   19,548       80,468
  Others                                                           0            0   -      889            0
Treasury cash holdings                                           143   +       11   -       92          145
Deposits with F.R. Banks, other than reserve balances        102,794   +   20,681   -  161,259      132,323
  Term deposits held by depository institutions                5,077            0   -       36        5,077
  U.S. Treasury, General Account                              43,403   +   21,497   -    6,531       68,392
  U.S. Treasury, Supplementary Financing Account                   0            0   -  199,962            0
  Foreign official                                               130   +        3   -    1,250          138
  Service-related                                              2,512            0   +      112        2,512
    Required clearing balances                                 2,512            0   +      112        2,512
    Adjustments to compensate for float                            0            0            0            0
  Other                                                       51,672   -      819   +   46,407       56,203
Funds from American International Group, Inc. asset
   dispositions, held as agent (6)                                 0            0            0            0
Other liabilities and capital (16)                            72,020   +      444   -      488       70,664

Total factors, other than reserve balances,
   absorbing reserve funds                                 1,298,145   +   22,487   -   62,115    1,326,477

Reserve balances with Federal Reserve Banks                1,600,066   -   24,537   +  616,926    1,569,159
 
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. As a result of the closing of the American International Group, Inc. (AIG) recapitalization plan on
   January 14, 2011, the credit extended to AIG was fully repaid and the Federal Reserve's commitment to lend
   any further funds was terminated. In addition, the Federal Reserve Bank of New York (FRBNY) has been paid
   in full for its preferred interests in AIA Aurora LLC and ALICO Holdings LLC. The funds from AIG asset
   dispositions that FRBNY held as agent were the source of repayment of the credit extended to AIG, as well
   as a portion of the FRBNY's preferred interests in ALICO Holdings LLC. The remaining FRBNY preferred
   interests in ALICO Holdings LLC and AIA Aurora LLC, valued at approximately $20 billion, were purchased by
   AIG through a draw on the Treasury's Series F preferred stock commitment and then transferred by AIG to
   the Treasury as consideration for the draw on the available Series F funds.
7. Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the Term
   Asset-Backed Securities Loan Facility.
8. Refer to table 4 and the note on consolidation accompanying table 9.
9.  Refer to table 5 and the note on consolidation accompanying table 9.
10. Refer to table 6 and the note on consolidation accompanying table 9.
11. Refer to table 7 and the note on consolidation accompanying 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, and the fair value adjustment to credit extended by the FRBNY to eligible borrowers through the
    Term Asset-Backed Securities Loan Facility. Before the closing of the AIG recapitalization plan on
    January 14, 2011, included accrued dividends on the FRBNY's preferred interests in AIA Aurora LLC and
    ALICO Holdings LLC.
14. Estimated.
15. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt
    securities, and mortgage-backed securities.
16. Includes 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 19, 2011
Memorandum item                                           Oct 19, 2011 Oct 12, 2011 Oct 20, 2010
 
Marketable securities held in custody for foreign
   official and international accounts (1)                 3,408,759   +    5,108   +  127,628    3,411,432
  U.S. Treasury securities                                 2,685,981   +    5,559   +  138,629    2,689,042
  Federal agency securities (2)                              722,778   -      451   -   11,001      722,389
Securities lent to dealers                                    11,307   +    1,516   +    5,492       12,012
  Overnight facility (3)                                      11,307   +    1,516   +    5,492       12,012
    U.S. Treasury securities                                  10,049   +    1,409   +    5,710       10,914
    Federal agency debt securities                             1,258   +      106   -      218        1,098
 
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 19, 2011
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)                                     42            1        4,208        7,005            0           ...       11,255
U.S. Treasury securities (2)
  Holdings                                20,035       23,217      118,104      706,195      593,316       209,389    1,670,256
  Weekly changes                      +    7,897   -    3,213   -    3,743   -   11,469   +    9,492    +    2,525   +    1,490
Federal agency debt securities (3)
  Holdings                                     0        6,170       18,752       64,253       16,146         2,347      107,668
  Weekly changes                      -      600   +      903   -      903   +    1,999   -    1,999             0   -      600
Mortgage-backed securities (4)
  Holdings                                     0            0            0           13           22       862,040      862,075
  Weekly changes                               0            0            0            0            0    -    8,808   -    8,808
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)             500        1,353            0            0            0             0        1,853

Reverse repurchase agreements (6)         80,468            0          ...          ...          ...           ...       80,468
Term deposits                              5,077            0            0          ...          ...           ...        5,077
 
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 19, 2011 
 
Mortgage-backed securities held outright (1)                                                                             862,075

Commitments to buy mortgage-backed securities (2)                                                                         15,000
Commitments to sell mortgage-backed securities (2)                                                                             0

Cash and cash equivalents (3)                                                                                                  0
 
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 19, 2011 
 
Net portfolio holdings of Maiden Lane LLC (1)                                                                             13,120

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                  9,882
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         743
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)                              1,371
 
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, 2011. 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 19, 2011 
 
Net portfolio holdings of Maiden Lane II LLC (1)                                                                           9,858

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                  6,507
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         552
Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc. (3)                    1,099
 
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, 2011. 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 19, 2011 
 
Net portfolio holdings of Maiden Lane III LLC (1)                                                                         20,817

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                  9,739
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         666
Outstanding principal amount and accrued interest on loan payable to American International Group, Inc. (3)                5,506
 
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, 2011. 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 19, 2011 
 
Asset-backed securities holdings (1)                                                                                           0
Other investments, net                                                                                                       785
Net portfolio holdings of TALF LLC                                                                                           785

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)                                        109
 
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 $4.3 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 19, 2011   Wednesday    Wednesday  
Assets, liabilities, and capital                                                      Oct 12, 2011 Oct 20, 2010
 
Assets
  Gold certificate account                                                  11,037             0            0
  Special drawing rights certificate account                                 5,200             0            0
  Coin                                                                       2,283    +       28   +      137
  Securities, repurchase agreements, and loans                           2,651,255    -    8,056   +  554,356
    Securities held outright (1)                                         2,640,000    -    7,918   +  591,385
      U.S. Treasury securities                                           1,670,256    +    1,490   +  838,135
        Bills (2)                                                           18,423             0            0
        Notes and bonds, nominal (2)                                     1,574,540    +    3,111   +  808,689
        Notes and bonds, inflation-indexed (2)                              67,596    -    1,370   +   25,278
        Inflation compensation (3)                                           9,698    -      251   +    4,169
      Federal agency debt securities (2)                                   107,668    -      600   -   43,075
      Mortgage-backed securities (4)                                       862,075    -    8,808   -  203,676
    Repurchase agreements (5)                                                    0             0            0
    Loans                                                                   11,255    -      138   -   37,029
  Net portfolio holdings of Maiden Lane LLC (6)                             13,120    -    2,375   -   14,766
  Net portfolio holdings of Maiden Lane II LLC (7)                           9,858    +        3   -    5,826
  Net portfolio holdings of Maiden Lane III LLC (8)                         20,817    -      477   -    2,027
  Net portfolio holdings of TALF LLC (9)                                       785             0   +      184
  Preferred interests in AIA Aurora LLC and ALICO
     Holdings LLC (10)                                                           0             0   -   26,057
  Items in process of collection                            (126)              262    -       20   -       89
  Bank premises                                                              2,183    +        1   -       42
  Central bank liquidity swaps (11)                                          1,853    +    1,353   +    1,293
  Other assets (12)                                                        136,524    +      950   +   39,689

Total assets                                                (126)        2,855,177    -    8,593   +  546,851
 
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 19, 2011   Wednesday    Wednesday  
Assets, liabilities, and capital                                                      Oct 12, 2011 Oct 20, 2010
 
Liabilities
  Federal Reserve notes, net of F.R. Bank holdings                       1,001,153    -    2,169   +   79,775
  Reverse repurchase agreements (13)                                        80,468    +    6,984   +   21,908
  Deposits                                                    (0)        1,701,496    -   11,924   +  446,826
    Term deposits held by depository institutions                            5,077             0   -       36
    Other deposits held by depository institutions                       1,571,686    -   63,702   +  576,653
    U.S. Treasury, General Account                                          68,392    +   50,711   +   16,169
    U.S. Treasury, Supplementary Financing Account                               0             0   -  199,962
    Foreign official                                                           138    +       12   -    1,518
    Other                                                     (0)           56,203    +    1,055   +   55,521
  Deferred availability cash items                          (126)            1,396    -      864   -      697
  Other liabilities and accrued dividends (14)                              18,624    -      623   +    3,498

Total liabilities                                           (126)        2,803,136    -    8,597   +  551,309

Capital accounts
  Capital paid in                                                           26,020    +        1   -      681
  Surplus                                                                   26,020    +        1   +      128
  Other capital accounts                                                         0             0   -    3,905

Total capital                                                               52,040    +        3   -    4,459
 
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. As a result of the closing of the AIG recapitalization plan on January 14, 2011, the Federal Reserve Bank
    of New York has been paid in full for its	preferred interests in AIA Aurora LLC and ALICO Holdings LLC. A
    portion of the preferred interests was redeemed by AIG with the funds from AIG asset dispositions that were
    held as agent by the Federal Reserve.
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 Federal Reserve Bank of New York (FRBNY) to
    eligible borrowers through the Term Asset-Backed Securities Loan Facility. Before the closing of the AIG
    recapitalization plan on January 14, 2011, included accrued dividends on the FRBNY's preferred interests in
    AIA Aurora LLC and ALICO Holdings LLC.
13. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt
    securities, and mortgage-backed securities.
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
    accompanying table 9. Also includes the liability for interest on Federal Reserve notes due to U.S.
    Treasury. Before the closing of the AIG recapitalization plan on January 14, 2011, included funds from
    American International Group, Inc. asset dispositions, held as agent.


 
9. Statement of Condition of Each Federal Reserve Bank,   October 19, 2011
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         390       3,866         432         450         872       1,394         854         319         197         318         728       1,217
  Special drawing rights certificate acct.       5,200         196       1,818         210         237         412         654         424         150          90         153         282         574
  Coin                                           2,283          58          86         164         169         389         208         336          31          57         169         241         375
  Securities, repurchase agreements,
     and loans                               2,651,255      64,908   1,238,927      90,436      71,313     304,893     196,264     156,784      49,970      40,590      70,240     104,412     262,518
    Securities held outright (1)             2,640,000      64,908   1,227,713      90,436      71,312     304,893     196,264     156,778      49,967      40,573      70,225     104,412     262,518
      U.S. Treasury securities               1,670,256      41,066     776,741      57,216      45,117     192,898     124,171      99,189      31,613      25,669      44,430      66,059     166,088
        Bills (2)                               18,423         453       8,567         631         498       2,128       1,370       1,094         349         283         490         729       1,832
        Notes and bonds (3)                  1,651,834      40,613     768,174      56,585      44,619     190,770     122,802      98,095      31,264      25,386      43,940      65,330     164,256
      Federal agency debt securities (2)       107,668       2,647      50,070       3,688       2,908      12,435       8,004       6,394       2,038       1,655       2,864       4,258      10,706
      Mortgage-backed securities (4)           862,075      21,195     400,902      29,531      23,286      99,561      64,089      51,195      16,317      13,249      22,932      34,095      85,723
    Repurchase agreements (5)                        0           0           0           0           0           0           0           0           0           0           0           0           0
    Loans                                       11,255           0      11,213           0           1           0           0           6           3          17          15           0           0
  Net portfolio holdings of Maiden
     Lane LLC (6)                               13,120           0      13,120           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane II LLC (7)                             9,858           0       9,858           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane III LLC (8)                           20,817           0      20,817           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (9)           785           0         785           0           0           0           0           0           0           0           0           0           0
  Preferred interests in AIA Aurora LLC
     and ALICO Holdings LLC (10)                     0           0           0           0           0           0           0           0           0           0           0           0           0
  Items in process of collection                   388          29           0          42          88           6          75          26           6          16           6          20          74
  Bank premises                                  2,183         123         256          67         126         234         214         205         134         106         260         246         212
  Central bank liquidity swaps (11)              1,853          64         537         179         137         380         106          47          15          57          17          28         285
  Other assets (12)                            136,524       3,653      58,568       6,373       4,968      18,251       9,703       7,176       2,325       2,554       3,164       4,767      15,020
  Interdistrict settlement account                   0   +   4,742   + 306,264   -  13,166   -   3,071   - 147,159   -  38,502   -  20,956   -   8,828   -  16,597   -  20,214   +   3,098   -  45,612

Total assets                                 2,855,303      74,164   1,654,902      84,738      74,417     178,278     170,118     144,896      44,123      27,068      54,113     113,823     234,663
 
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 19, 2011 (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          1,173,695      43,218     391,614      46,518      54,801      95,680     146,135      90,468      33,880      20,987      34,787      80,450     135,160
    Less: Notes held by F.R. Banks             172,542       5,656      46,876       6,937       9,303      12,124      27,263      13,353       4,432       5,480       3,955      11,260      25,904
      Federal Reserve notes, net             1,001,153      37,562     344,738      39,581      45,497      83,556     118,872      77,115      29,448      15,507      30,832      69,190     109,256
  Reverse repurchase agreements (13)            80,468       1,978      37,421       2,756       2,174       9,293       5,982       4,779       1,523       1,237       2,140       3,182       8,002
  Deposits                                   1,701,496      32,428   1,242,828      37,056      22,272      73,365      41,704      60,920      12,454       9,651      20,339      40,261     108,218
    Term deposits held by depository
       institutions                              5,077          20       1,270         605           0       2,015           0         555           0          60           1           6         545
    Other deposits held by depository
       institutions                          1,571,686      32,396   1,117,090      36,447      22,268      71,157      41,701      60,336      12,450       9,588      20,337      40,254     107,661
    U.S. Treasury, General Account              68,392           0      68,392           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                               138           1         110           4           3           8           2           1           0           1           0           1           6
    Other                                       56,203          11      55,967           0           1         184           0          28           4           2           1           0           6
  Deferred availability cash items               1,522          86           0         215         200          43          80         109          51         300          81          81         277
  Interest on Federal Reserve notes due
     to U.S. Treasury (14)                       1,483          30         644          55          44         193         120          90          29          18          39          61         159
  Other liabilities and accrued
     dividends (15)                             17,140         195      13,673         259         265         704         425         362         166         137         162         260         532

Total liabilities                            2,803,263      72,279   1,639,304      79,923      70,452     167,154     167,183     143,374      43,672      26,849      53,594     113,034     226,444

Capital
  Capital paid in                               26,020         943       7,799       2,407       1,983       5,562       1,467         761         226         110         259         394       4,110
  Surplus                                       26,020         943       7,799       2,407       1,983       5,562       1,467         761         226         110         259         394       4,110
  Other capital                                      0           0           0           0           0           0           0           0           0           0           0           0           0

Total liabilities and capital                2,855,303      74,164   1,654,902      84,738      74,417     178,278     170,118     144,896      44,123      27,068      54,113     113,823     234,663
 
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 19, 2011 (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. As a result of the closing of the AIG recapitalization plan on January 14, 2011, the Federal Reserve Bank of New York has been paid in full for its preferred interests in AIA Aurora LLC and ALICO
    Holdings LLC. A portion of the preferred interests was redeemed by AIG with the funds from AIG asset dispositions that were held as agent by the Federal Reserve.
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 Federal Reserve Bank of New York
    (FRBNY) to eligible	borrowers through the Term Asset-Backed Securities Loan Facility. Before the closing of the AIG recapitalization plan on January 14, 2011, included accrued dividends on the
    FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC.
13. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.
14. 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.
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 below. Before the closing of the AIG recapitalization plan on January 14,
    2011, included funds from American International Group, Inc. asset dispositions, held as agent.


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 19, 2011 
 
Federal Reserve notes outstanding                                                          1,173,695
  Less: Notes held by F.R. Banks not subject to collateralization                            172,542
    Federal Reserve notes to be collateralized                                             1,001,153
Collateral held against Federal Reserve notes                                              1,001,153
  Gold certificate account                                                                    11,037
  Special drawing rights certificate account                                                   5,200
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   984,916
  Other assets pledged                                                                             0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                     2,640,000
  Less: Face value of securities under reverse repurchase agreements                          70,721
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged      2,569,279
 
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.`

Statistical releases

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