---

`FEDERAL RESERVE statistical release

For Release at
4:30 P.M. EDT
June 12, 2014

Table 10 line items “Less: Face value of securities under reverse repurchase agreements” and “U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged” have been corrected to include securities pledged as collateral for tri-party reverse repurchase agreements. 
The revised data are reported at the following link: http://www.federalreserve.gov/releases/h41/2014update.htm.
Historical data incorporating this correction can be accessed through the Data Download Program (DDP) at http://www.federalreserve.gov/datadownload/Choose.aspx?rel=H41. 

FEDERAL RESERVE statistical release
H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                               March 15, 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   Mar 14, 2012
Federal Reserve Banks                                     Mar 14, 2012  Mar 7, 2012 Mar 16, 2011
 
Reserve Bank credit                                        2,871,570   +    6,695   +  303,350    2,876,003
  Securities held outright (1)                             2,608,509   +   10,282   +  243,490    2,613,456
    U.S. Treasury securities                               1,662,536   +    5,487   +  387,575    1,659,768
      Bills (2)                                               18,423            0            0       18,423
      Notes and bonds, nominal (2)                         1,567,638   +    6,557   +  373,548    1,564,842
      Notes and bonds, inflation-indexed (2)                  67,558   -      950   +   11,701       67,558
      Inflation compensation (3)                               8,917   -      120   +    2,325        8,945
    Federal agency debt securities (2)                        99,803   -      579   -   42,702       99,803
    Mortgage-backed securities (4)                           846,170   +    5,374   -  101,382      853,885
  Repurchase agreements (5)                                        0            0            0            0
  Loans                                                        7,422   -       98   -   12,628        7,381
    Primary credit                                                19   +       15   +       12            3
    Secondary credit                                               0            0            0            0
    Seasonal credit                                                4   +        1   -        5            5
    Term Asset-Backed Securities Loan Facility (6)             7,399   -      114   -   12,636        7,374
    Other credit extensions                                        0            0            0            0
  Net portfolio holdings of Maiden Lane LLC (7)                6,297   -      144   -   19,550        5,362
  Net portfolio holdings of Maiden Lane II LLC (8)             3,635   -      188   -   12,257        3,635
  Net portfolio holdings of Maiden Lane III LLC (9)           17,679   +       52   -    5,264       17,434
  Net portfolio holdings of TALF LLC (10)                        825            0   +      122          825
  Float                                                         -890   +      123   +      552       -1,171
  Central bank liquidity swaps (11)                           64,873   -    6,513   +   64,873       64,873
  Other Federal Reserve assets (12)                          163,220   +    3,181   +   44,011      164,207
Gold stock                                                    11,041            0            0       11,041
Special drawing rights certificate account                     5,200            0            0        5,200
Treasury currency outstanding (13)                            44,338   +       14   +      563       44,338

Total factors supplying reserve funds                      2,932,149   +    6,709   +  303,913    2,936,582
 
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   Mar 14, 2012
Federal Reserve Banks                                     Mar 14, 2012  Mar 7, 2012 Mar 16, 2011
 
Currency in circulation (13)                               1,095,198   +    2,553   +   94,187    1,096,987
Reverse repurchase agreements (14)                            88,511   +    1,034   +   29,357       99,250
  Foreign official and international accounts                 87,714   +      509   +   28,560       97,750
  Others                                                         797   +      526   +      797        1,500
Treasury cash holdings                                           166   +        4   -       38          163
Deposits with F.R. Banks, other than reserve balances         93,379   +   15,928   -    6,143      101,434
  Term deposits held by depository institutions                    0            0            0            0
  U.S. Treasury, General Account                              41,816   +    4,853   -      272       45,420
  U.S. Treasury, Supplementary Financing Account                   0            0   -   49,991            0
  Foreign official                                               127            0   -        7          127
  Service-related                                              1,953   -        1   -      360        1,953
    Required clearing balances                                 1,953   -        1   -      360        1,953
    Adjustments to compensate for float                            0            0            0            0
  Other                                                       49,483   +   11,077   +   44,487       53,934
Other liabilities and capital (15)                            75,538   -      110   +    2,527       74,376

Total factors, other than reserve balances,
   absorbing reserve funds                                 1,352,791   +   19,408   +  119,889    1,372,210

Reserve balances with Federal Reserve Banks                1,579,358   -   12,699   +  184,024    1,564,372
 
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   Mar 14, 2012
Memorandum item                                           Mar 14, 2012  Mar 7, 2012 Mar 16, 2011
 
Marketable securities held in custody for foreign
   official and international accounts (1)                 3,466,136   +    4,879   +   64,870    3,472,793
  U.S. Treasury securities                                 2,727,979   +    7,158   +   89,443    2,733,640
  Federal agency securities (2)                              738,158   -    2,278   -   24,572      739,154
Securities lent to dealers                                    20,811   +      143   +    6,505       22,173
  Overnight facility (3)                                      20,811   +      143   +    6,505       22,173
    U.S. Treasury securities                                  19,951   +      267   +    6,473       21,301
    Federal agency debt securities                               860   -      124   +       32          872
 
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,     March 14, 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)                                      4          582        4,668        2,127            0           ...        7,381
U.S. Treasury securities (2)
  Holdings                                17,067       27,886       55,709      591,007      697,055       271,044    1,659,768
  Weekly changes                      -    3,520   +    3,522   +        1   -    8,619   +    5,124    +    3,981   +      489
Federal agency debt securities (3)
  Holdings                                 3,325        3,226       19,664       60,259       10,982         2,347       99,803
  Weekly changes                      +    2,514   -    2,514            0            0            0             0            0
Mortgage-backed securities (4)
  Holdings                                     0            0            1           11           85       853,788      853,885
  Weekly changes                               0            0            0            0            0    +   13,089   +   13,089
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)          27,523       37,351            0            0            0             0       64,873

Reverse repurchase agreements (6)         99,250            0          ...          ...          ...           ...       99,250
Term deposits                                  0            0            0          ...          ...           ...            0
 
Note: Components may not sum to totals because of rounding.
. . . Not applicable.

1. Excludes the loans from the Federal Reserve Bank of New York (FRBNY) to Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III
   LLC, and TALF LLC. The loans were eliminated when preparing the FRBNY's statement of condition consistent with consolidation
   under generally accepted accounting principles.
2. Face value. For inflation-indexed securities, includes the original face value and compensation that adjusts for the effect of
   inflation on the original face value of such securities.
3. Face value.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal
   balance of the underlying mortgages.
5. Face value of asset-backed securities held by TALF LLC, which is the remaining principal balance of the underlying assets.
6. Cash value of agreements.
7. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency
   is returned to the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was
   acquired from the foreign central bank.

 
3. Supplemental Information on Mortgage-Backed Securities
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Mar 14, 2012 
 
Mortgage-backed securities held outright (1)                                                                             853,885

Commitments to buy mortgage-backed securities (2)                                                                         39,461
Commitments to sell mortgage-backed securities (2)                                                                           850

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                                                                                                           Mar 14, 2012 
 
Net portfolio holdings of Maiden Lane LLC (1)                                                                              5,362

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                  2,150
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         762
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)                              1,400
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
   be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of
    December 31, 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                                                                                                           Mar 14, 2012 
 
Net portfolio holdings of Maiden Lane II LLC (1)                                                                           3,635

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)                      895
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
   be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of
    December 31, 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                                                                                                           Mar 14, 2012 
 
Net portfolio holdings of Maiden Lane III LLC (1)                                                                         17,434

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                  8,271
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         716
Outstanding principal amount and accrued interest on loan payable to American International Group, Inc. (3)                5,578
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
   be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of
    December 31, 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                                                                                                           Mar 14, 2012 
 
Asset-backed securities holdings (1)                                                                                           0
Other investments, net                                                                                                       825
Net portfolio holdings of TALF LLC                                                                                           825

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)                                        110
 
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   Mar 14, 2012   Wednesday    Wednesday  
Assets, liabilities, and capital                                                       Mar 7, 2012 Mar 16, 2011
 
Assets
  Gold certificate account                                                  11,037             0            0
  Special drawing rights certificate account                                 5,200             0            0
  Coin                                                                       2,342    -       20   +      135
  Securities, repurchase agreements, and loans                           2,620,837    +   13,529   +  236,405
    Securities held outright (1)                                         2,613,456    +   13,578   +  248,973
      U.S. Treasury securities                                           1,659,768    +      489   +  379,382
        Bills (2)                                                           18,423             0            0
        Notes and bonds, nominal (2)                                     1,564,842    +      413   +  365,352
        Notes and bonds, inflation-indexed (2)                              67,558             0   +   11,701
        Inflation compensation (3)                                           8,945    +       76   +    2,329
      Federal agency debt securities (2)                                    99,803             0   -   40,191
      Mortgage-backed securities (4)                                       853,885    +   13,089   -   90,218
    Repurchase agreements (5)                                                    0             0            0
    Loans                                                                    7,381    -       49   -   12,568
  Net portfolio holdings of Maiden Lane LLC (6)                              5,362    -    1,091   -   20,195
  Net portfolio holdings of Maiden Lane II LLC (7)                           3,635             0   -   12,261
  Net portfolio holdings of Maiden Lane III LLC (8)                         17,434    -      286   -    5,479
  Net portfolio holdings of TALF LLC (9)                                       825             0   +      122
  Items in process of collection                            (311)              226    +       61   +       37
  Bank premises                                                              2,384    -        1   +      167
  Central bank liquidity swaps (10)                                         64,873    -    6,513   +   64,873
  Other assets (11)                                                        161,693    +    3,114   +   44,928

Total assets                                                (311)        2,895,849    +    8,795   +  308,734
 
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   Mar 14, 2012   Wednesday    Wednesday  
Assets, liabilities, and capital                                                       Mar 7, 2012 Mar 16, 2011
 
Liabilities
  Federal Reserve notes, net of F.R. Bank holdings                       1,055,150    +    1,890   +   93,283
  Reverse repurchase agreements (12)                                        99,250    +   12,821   +   36,963
  Deposits                                                    (0)        1,665,676    -    6,055   +  177,012
    Term deposits held by depository institutions                                0             0            0
    Other deposits held by depository institutions                       1,566,195    -   37,867   +  229,574
    U.S. Treasury, General Account                                          45,420    +   18,983   -   56,051
    U.S. Treasury, Supplementary Financing Account                               0             0   -   49,991
    Foreign official                                                           127             0   +        4
    Other                                                     (0)           53,934    +   12,828   +   53,476
  Deferred availability cash items                          (311)            1,397    +      155   -      320
  Other liabilities and accrued dividends (13)                              19,927    -       20   -       86

Total liabilities                                           (311)        2,841,399    +    8,790   +  306,850

Capital accounts
  Capital paid in                                                           27,225    +        2   +      942
  Surplus                                                                   27,225    +        2   +      942
  Other capital accounts                                                         0             0            0

Total capital                                                               54,450    +        5   +    1,884
 
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,     March 14, 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         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                                           2,342          62         118         162         167         416         198         330          31          60         175         230         391
  Securities, repurchase agreements,
     and loans                               2,620,837      64,257   1,222,744      89,527      70,596     301,828     194,291     155,201      49,465      40,165      69,523     103,362     259,878
    Securities held outright (1)             2,613,456      64,256   1,215,369      89,527      70,595     301,828     194,291     155,201      49,465      40,165      69,519     103,362     259,878
      U.S. Treasury securities               1,659,768      40,808     771,863      56,857      44,834     191,686     123,391      98,566      31,414      25,508      44,151      65,644     165,045
        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)                  1,641,345      40,355     763,296      56,226      44,336     189,559     122,022      97,472      31,066      25,225      43,661      64,915     163,213
      Federal agency debt securities (2)        99,803       2,454      46,413       3,419       2,696      11,526       7,420       5,927       1,889       1,534       2,655       3,947       9,924
      Mortgage-backed securities (4)           853,885      20,994     397,093      29,251      23,065      98,615      63,480      50,708      16,162      13,123      22,714      33,771      84,909
    Repurchase agreements (5)                        0           0           0           0           0           0           0           0           0           0           0           0           0
    Loans                                        7,381           1       7,375           0           1           0           0           0           0           0           3           0           0
  Net portfolio holdings of Maiden
     Lane LLC (6)                                5,362           0       5,362           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane II LLC (7)                             3,635           0       3,635           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane III LLC (8)                           17,434           0      17,434           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (9)           825           0         825           0           0           0           0           0           0           0           0           0           0
  Items in process of collection                   536           5           0          47          33         100         268          12           5           8           3          10          45
  Bank premises                                  2,384         123         472          67         125         231         212         204         133         105         258         244         212
  Central bank liquidity swaps (10)             64,873       2,274      20,926       5,627       4,796      13,419       3,709       1,731         531         265         645       1,039       9,910
  Other assets (11)                            161,693       4,262      71,340       6,898       5,548      21,074      11,622       8,765       2,812       2,238       3,890       5,849      17,395
  Interdistrict settlement account                   0   -   2,693   + 202,250   +   3,665   +     890   - 123,874   -  31,908   -  12,926   -   5,566   -  13,712   -  15,933   +   2,103   -   2,297

Total assets                                 2,896,159      68,877   1,550,792     106,634      82,842     214,479     180,441     154,595      47,881      29,416      59,031     113,847     287,326
 
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,     March 14, 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          1,230,340      44,110     437,677      48,503      60,027     103,018     143,291      89,199      33,459      22,299      35,225      79,018     134,512
    Less: Notes held by F.R. Banks             175,190       4,747      59,346       6,010       7,986      11,195      27,158      11,759       4,058       4,432       3,615      10,973      23,911
      Federal Reserve notes, net             1,055,150      39,363     378,332      42,493      52,041      91,823     116,133      77,440      29,401      17,867      31,610      68,045     110,602
  Reverse repurchase agreements (12)            99,250       2,440      46,156       3,400       2,681      11,462       7,379       5,894       1,879       1,525       2,640       3,925       9,869
  Deposits                                   1,665,676      24,276   1,093,461      55,764      23,436      99,234      52,766      69,277      15,921       9,321      23,968      40,580     157,671
    Term deposits held by depository
       institutions                                  0           0           0           0           0           0           0           0           0           0           0           0           0
    Other deposits held by depository
       institutions                          1,566,195      24,273     994,173      55,751      23,433      99,135      52,764      69,234      15,920       9,307      23,967      40,579     157,660
    U.S. Treasury, General Account              45,420           0      45,420           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                               127           1         100           3           3           8           2           1           0           0           0           1           6
    Other                                       53,934           1      53,768          10           1          90           0          42           0          14           1           1           6
  Deferred availability cash items               1,707          37           0         141         216         116         481          26          27         297          34          72         259
  Interest on Federal Reserve notes due
     to U.S. Treasury (13)                       1,264         -98         775          26         -28         111         110          96          30          25          44          65         108
  Other liabilities and accrued
     dividends (14)                             18,663         214      14,713         283         265         816         516         426         183         162         198         296         591

Total liabilities                            2,841,710      66,232   1,533,436     102,108      78,612     203,562     177,385     153,160      47,441      29,197      58,494     112,983     279,100

Capital
  Capital paid in                               27,225       1,322       8,678       2,263       2,115       5,458       1,528         718         220         109         268         432       4,113
  Surplus                                       27,225       1,322       8,678       2,263       2,115       5,458       1,528         718         220         109         268         432       4,113
  Other capital                                      0           0           0           0           0           0           0           0           0           0           0           0           0

Total liabilities and capital                2,896,159      68,877   1,550,792     106,634      82,842     214,479     180,441     154,595      47,881      29,416      59,031     113,847     287,326
 
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,     March 14, 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                                                       Mar 14, 2012 
 
Federal Reserve notes outstanding                                                          1,230,340
  Less: Notes held by F.R. Banks not subject to collateralization                            175,190
    Federal Reserve notes to be collateralized                                             1,055,150
Collateral held against Federal Reserve notes                                              1,055,150
  Gold certificate account                                                                    11,037
  Special drawing rights certificate account                                                   5,200
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                 1,038,913
  Other assets pledged                                                                             0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                     2,613,456
  Less: Face value of securities under reverse repurchase agreements                          89,020
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged      2,524,436
 
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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