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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
                                                                                              August 16, 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   Aug 15, 2012
Federal Reserve Banks                                     Aug 15, 2012  Aug 8, 2012 Aug 17, 2011
 
Reserve Bank credit                                        2,839,614   +    4,805   -    8,613    2,816,034
  Securities held outright (1)                             2,598,719   +    4,730   -   53,366    2,589,616
    U.S. Treasury securities                               1,652,346   +    2,877   +    7,199    1,646,360
      Bills (2)                                                    0            0   -   18,423            0
      Notes and bonds, nominal (2)                         1,572,104   +    1,575   +   20,745    1,565,907
      Notes and bonds, inflation-indexed (2)                  70,242   +    1,156   +    4,294       70,435
      Inflation compensation (3)                               9,999   +      144   +      582       10,018
    Federal agency debt securities (2)                        89,376   -    1,653   -   22,298       89,101
    Mortgage-backed securities (4)                           856,997   +    3,507   -   38,267      854,155
  Repurchase agreements (5)                                       86   -      175   +       86            0
  Loans                                                        3,640   -        4   -    8,264        3,607
    Primary credit                                                24   +       22   +       18           16
    Secondary credit                                               0            0            0            0
    Seasonal credit                                              142   +        9   +       44          146
    Term Asset-Backed Securities Loan Facility (6)             3,474   -       35   -    8,327        3,445
    Other credit extensions                                        0            0            0            0
  Net portfolio holdings of Maiden Lane LLC (7)                2,054   -       31   -   16,133        1,868
  Net portfolio holdings of Maiden Lane II LLC (8)                61            0   -   10,004           61
  Net portfolio holdings of Maiden Lane III LLC (9)            5,992   -    1,390   -   15,359        1,465
  Net portfolio holdings of TALF LLC (10)                        848            0   +       81          848
  Float                                                         -655   +       52   +      427         -708
  Central bank liquidity swaps (11)                           30,005   -       17   +   29,805       30,005
  Other Federal Reserve assets (12)                          198,862   +    1,637   +   64,112      189,272
Gold stock                                                    11,041            0            0       11,041
Special drawing rights certificate account                     5,200            0            0        5,200
Treasury currency outstanding (13)                            44,620   +       14   +      605       44,620

Total factors supplying reserve funds                      2,900,475   +    4,818   -    8,008    2,876,896
 
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   Aug 15, 2012
Federal Reserve Banks                                     Aug 15, 2012  Aug 8, 2012 Aug 17, 2011
 
Currency in circulation (13)                               1,116,473   +    1,177   +   83,017    1,117,570
Reverse repurchase agreements (14)                            91,749   -    1,349   -    8,191       90,684
  Foreign official and international accounts                 91,749   -    1,349   -    8,182       90,684
  Others                                                           0            0   -        9            0
Treasury cash holdings                                           128   +        4   +       15          129
Deposits with F.R. Banks, other than reserve balances         68,098   +    3,088   -   14,777       39,531
  Term deposits held by depository institutions                3,040            0   -    2,048        3,040
  U.S. Treasury, General Account                              28,398   -    7,224   +    8,226       19,906
  U.S. Treasury, Supplementary Financing Account                   0            0            0            0
  Foreign official                                             5,169   +      693   -       14        5,686
  Service-related                                                  0            0   -    2,484            0
    Required clearing balances                                     0            0   -    2,484            0
    Adjustments to compensate for float                            0            0            0            0
  Other                                                       31,490   +    9,619   -   18,458       10,899
Other liabilities and capital (15)                            68,634   -      296   -    2,181       65,488

Total factors, other than reserve balances,
   absorbing reserve funds                                 1,345,082   +    2,624   +   57,883    1,313,402

Reserve balances with Federal Reserve Banks                1,555,394   +    2,195   -   65,890    1,563,493
 
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   Aug 15, 2012
Memorandum item                                           Aug 15, 2012  Aug 8, 2012 Aug 17, 2011
 
Marketable securities held in custody for foreign
   official and international accounts (1)                 3,545,921   +    9,821   +   67,298    3,552,633
  U.S. Treasury securities                                 2,853,331   +    8,404   +  109,050    2,859,601
  Federal agency securities (2)                              692,591   +    1,418   -   41,752      693,032
Securities lent to dealers                                    12,274   +    1,372   -    2,199        9,865
  Overnight facility (3)                                      12,274   +    1,372   -    2,199        9,865
    U.S. Treasury securities                                  11,647   +    1,403   -    2,160        9,304
    Federal agency debt securities                               627   -       31   -       39          561
 
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,    August 15, 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)                                     33          961        1,140        1,473            0           ...        3,607
U.S. Treasury securities (2)
  Holdings                                     0        4,383        4,813      513,596      766,034       357,533    1,646,360
  Weekly changes                      -    8,206            0   -    1,129   +   11,506   -   13,538    +    5,311   -    6,056
Federal agency debt securities (3)
  Holdings                                 1,891        5,308       16,189       57,616        5,750         2,347       89,101
  Weekly changes                      -    1,928            0   +      808   -      808            0             0   -    1,928
Mortgage-backed securities (4)
  Holdings                                     0            0            2            5          216       853,931      854,155
  Weekly changes                               0            0   -        1            0   +        7    +      654   +      662
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)          17,268       12,737            0            0            0             0       30,005

Reverse repurchase agreements (6)         90,684            0          ...          ...          ...           ...       90,684
Term deposits                              3,040            0            0          ...          ...           ...        3,040
 
Note: Components may not sum to totals because of rounding.
. . . Not applicable.

1. Excludes the loans from the Federal Reserve Bank of New York (FRBNY) to Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III
   LLC, and TALF LLC. The loans were eliminated when preparing the FRBNY's statement of condition consistent with consolidation
   under generally accepted accounting principles.
2. Face value. For inflation-indexed securities, includes the original face value and compensation that adjusts for the effect of
   inflation on the original face value of such securities.
3. Face value.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal
   balance of the underlying mortgages.
5. Face value of asset-backed securities held by TALF LLC, which is the remaining principal balance of the underlying assets.
6. Cash value of agreements.
7. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency
   is returned to the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was
   acquired from the foreign central bank.

 
3. Supplemental Information on Mortgage-Backed Securities
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Aug 15, 2012 
 
Mortgage-backed securities held outright (1)                                                                             854,155

Commitments to buy mortgage-backed securities (2)                                                                         39,070
Commitments to sell mortgage-backed securities (2)                                                                           150

Cash and cash equivalents (3)                                                                                                 48
 
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                                                                                                           Aug 15, 2012 
 
Net portfolio holdings of Maiden Lane LLC (1)                                                                              1,868

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                      0
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                           0
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)                                486
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
   be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of
        June 30, 2012. Any assets purchased after this valuation date are initially recorded at cost until their estimated fair
   value as of the purchase date becomes available.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent
   with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.
3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities
   and accrued dividends in table 8 and table 9.

Note: On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC under the authority of
section 13(3) of the Federal Reserve Act. This limited liability company was formed to acquire certain assets of Bear Stearns and to
manage those assets through time to maximize repayment of the credit extended and to minimize disruption to financial markets.
Payments by Maiden Lane LLC from the proceeds of the net portfolio holdings will be made in the following order: operating expenses
of the LLC, principal due to the FRBNY, interest due to the FRBNY, principal due to JPMorgan Chase & Co., and interest due to
JPMorgan Chase & Co. Any remaining funds will be paid to the FRBNY.

 
5. Information on Principal Accounts of Maiden Lane II LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Aug 15, 2012 
 
Net portfolio holdings of Maiden Lane II LLC (1)                                                                              61

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                      0
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                           0
Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc. (3)                        0
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
   be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of
        June 30, 2012. Any assets purchased after this valuation date are initially recorded at cost until their estimated fair
   value as of the purchase date becomes available.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent
   with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.
3. Book value. The deferred payment represents the portion of the proceeds of the net portfolio holdings due to subsidiaries of
   American International Group, Inc. in accordance with the asset purchase agreement. The fair value of this payment and accrued
   interest payable are included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in table
   8 and table 9.

Note: On December 12, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane II LLC under the
authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase residential
mortgage-backed securities from the U.S. securities lending reinvestment portfolio of subsidiaries of American International Group,
Inc. (AIG subsidiaries). Payments by Maiden Lane II LLC from the proceeds of the net portfolio holdings will be made in the
following order: operating expenses of Maiden Lane II LLC, principal due to the FRBNY, interest due to the FRBNY, and deferred
payment and interest due to AIG subsidiaries. Any remaining funds will be shared by the FRBNY and AIG subsidiaries.

 
6. Information on Principal Accounts of Maiden Lane III LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Aug 15, 2012 
 
Net portfolio holdings of Maiden Lane III LLC (1)                                                                          1,465

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                      0
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                           0
Outstanding principal amount and accrued interest on loan payable to American International Group, Inc. (3)                    0
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
   be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of
        June 30, 2012. Any assets purchased after this valuation date are initially recorded at cost until their estimated fair
   value as of the purchase date becomes available.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent
   with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.
3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities
   and accrued dividends in table 8 and table 9.

Note: On November 25, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane III LLC under the
authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase multi-sector
collateralized debt obligations (CDOs) on which the Financial Products group of American International Group, Inc. (AIG) has written
credit default swap (CDS) contracts. In connection with the purchase of CDOs, the CDS counterparties will concurrently unwind the
related CDS transactions. Payments by Maiden Lane III LLC from the proceeds of the net portfolio holdings will be made in the
following order: operating expenses of Maiden Lane III LLC, principal due to the FRBNY, interest due to the FRBNY, principal due to
AIG, and interest due to AIG. Any remaining funds will be shared by the FRBNY and AIG.

 
7. Information on Principal Accounts of TALF LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Aug 15, 2012 
 
Asset-backed securities holdings (1)                                                                                           0
Other investments, net                                                                                                       848
Net portfolio holdings of TALF LLC                                                                                           848

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                      0
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                           0
Funding provided by U.S. Treasury to TALF LLC, including accrued interest payable (3)                                        112
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
   be conducted in an orderly market on the measurement date.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent
   with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.
3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities
   and accrued dividends in table 8 and table 9.

Note: On November 25, 2008, the Federal Reserve announced the creation of the Term Asset-Backed Securities Loan Facility (TALF)
under the authority of section 13(3) of the Federal Reserve Act. The TALF is a facility under which the Federal Reserve Bank of New
York (FRBNY) extends loans with a term of up to five years to holders of eligible asset-backed securities. The TALF is intended to
assist financial markets in accommodating the credit needs of consumers and businesses by facilitating the issuance of asset-backed
securities collateralized by a variety of consumer and business loans. The loans provided through the TALF to eligible borrowers are
non-recourse, meaning that the obligation of the borrower can be discharged by surrendering the collateral to the FRBNY. The loans
are extended for the market value of the security less an amount known as a haircut. As a result, the borrower bears the initial
risk of a decline in the value of the security.

TALF LLC is a limited liability company formed to purchase and manage any asset-backed securities received by the FRBNY in
connection with the decision of a borrower not to repay a TALF loan. TALF LLC has committed, for a fee, to purchase all asset-backed
securities received by the FRBNY in conjunction with a TALF loan at a price equal to the TALF loan plus accrued but unpaid interest.
Losses on asset-backed securities held by TALF LLC will be offset in the following order: by the commitment fees collected by TALF
LLC, by the interest received on investments of TALF LLC, by up to $1.4 billion in subordinated debt funding provided by the U.S.
Treasury, and finally, by senior debt funding provided by the FRBNY. Payments by TALF LLC from the proceeds of its net portfolio
holdings will be made in the following order: operating expenses of TALF LLC, principal due to the FRBNY, principal due to the U.S.
Treasury, interest due to the FRBNY, and interest due to the U.S. Treasury. Any remaining funds will be shared by the FRBNY and the
U.S. Treasury.

 
8. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
                                                       Eliminations from  Wednesday         Change since       
                                                        consolidation   Aug 15, 2012   Wednesday    Wednesday  
Assets, liabilities, and capital                                                       Aug 8, 2012 Aug 17, 2011
 
Assets
  Gold certificate account                                                  11,037             0            0
  Special drawing rights certificate account                                 5,200             0            0
  Coin                                                                       2,143    +       12   -       46
  Securities, repurchase agreements, and loans                           2,593,223    -    7,946   -   69,542
    Securities held outright (1)                                         2,589,616    -    7,322   -   61,246
      U.S. Treasury securities                                           1,646,360    -    6,056   -    1,273
        Bills (2)                                                                0             0   -   18,423
        Notes and bonds, nominal (2)                                     1,565,907    -    7,577   +   12,055
        Notes and bonds, inflation-indexed (2)                              70,435    +    1,349   +    4,487
        Inflation compensation (3)                                          10,018    +      172   +      608
      Federal agency debt securities (2)                                    89,101    -    1,928   -   21,559
      Mortgage-backed securities (4)                                       854,155    +      662   -   38,414
    Repurchase agreements (5)                                                    0    -      600            0
    Loans                                                                    3,607    -       24   -    8,296
  Net portfolio holdings of Maiden Lane LLC (6)                              1,868    -      217   -   16,306
  Net portfolio holdings of Maiden Lane II LLC (7)                              61             0   -   10,007
  Net portfolio holdings of Maiden Lane III LLC (8)                          1,465    -    5,946   -   19,850
  Net portfolio holdings of TALF LLC (9)                                       848             0   +       81
  Items in process of collection                             (56)              126    +       68   -       96
  Bank premises                                                              2,354    +        1   +      155
  Central bank liquidity swaps (10)                                         30,005    -       17   +   29,805
  Other assets (11)                                                        186,919    -    8,861   +   59,360

Total assets                                                 (56)        2,835,249    -   22,907   -   26,446
 
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   Aug 15, 2012   Wednesday    Wednesday  
Assets, liabilities, and capital                                                       Aug 8, 2012 Aug 17, 2011
 
Liabilities
  Federal Reserve notes, net of F.R. Bank holdings                       1,075,217    +      693   +   82,835
  Reverse repurchase agreements (12)                                        90,684    -      821   -    5,227
  Deposits                                                    (0)        1,603,025    -   20,392   -   98,161
    Term deposits held by depository institutions                            3,040             0   -    2,048
    Other deposits held by depository institutions                       1,563,493    +    3,272   -   83,664
    U.S. Treasury, General Account                                          19,906    -    6,207   +   11,001
    U.S. Treasury, Supplementary Financing Account                               0             0            0
    Foreign official                                                         5,686    +      602   +      560
    Other                                                     (0)           10,899    -   18,061   -   24,011
  Deferred availability cash items                           (56)              834    -       62   -      510
  Other liabilities and accrued dividends (13)                              10,781    -    2,342   -    8,275

Total liabilities                                            (56)        2,780,541    -   22,923   -   29,337

Capital accounts
  Capital paid in                                                           27,354    +        8   +    1,445
  Surplus                                                                   27,354    +        8   +    1,445
  Other capital accounts                                                         0             0            0

Total capital                                                               54,708    +       17   +    2,891
 
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,    August 15, 2012
Millions of dollars
                                               Total      Boston     New York   Philadelphia Cleveland   Richmond     Atlanta     Chicago    St. Louis  Minneapolis   Kansas      Dallas        San    
Assets, liabilities, and capital                                                                                                                                       City                  Francisco 
 
Assets
  Gold certificate account                      11,037         408       3,824         437         515         890       1,337         839         313         192         315         725       1,242
  Special drawing rights certificate acct.       5,200         196       1,818         210         237         412         654         424         150          90         153         282         574
  Coin                                           2,143          45          88         143         149         384         202         317          36          54         164         208         354
  Securities, repurchase agreements,
     and loans                               2,593,223      62,898   1,455,324      85,607      65,839     184,307     156,148     143,676      40,523      23,613      52,038     100,630     222,619
    Securities held outright (1)             2,589,616      62,897   1,451,879      85,607      65,839     184,307     156,136     143,661      40,486      23,542      52,026     100,620     222,615
      U.S. Treasury securities               1,646,360      39,987     923,039      54,425      41,858     117,174      99,264      91,333      25,739      14,967      33,076      63,970     141,528
        Bills (2)                                    0           0           0           0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                  1,646,360      39,987     923,039      54,425      41,858     117,174      99,264      91,333      25,739      14,967      33,076      63,970     141,528
      Federal agency debt securities (2)        89,101       2,164      49,955       2,945       2,265       6,341       5,372       4,943       1,393         810       1,790       3,462       7,660
      Mortgage-backed securities (4)           854,155      20,746     478,886      28,236      21,716      60,791      51,500      47,385      13,354       7,765      17,160      33,188      73,427
    Repurchase agreements (5)                        0           0           0           0           0           0           0           0           0           0           0           0           0
    Loans                                        3,607           1       3,445           0           0           0          12          15          37          71          12          10           4
  Net portfolio holdings of Maiden
     Lane LLC (6)                                1,868           0       1,868           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane II LLC (7)                                61           0          61           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane III LLC (8)                            1,465           0       1,465           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (9)           848           0         848           0           0           0           0           0           0           0           0           0           0
  Items in process of collection                   182           2           0          48          32           6          21          10           4           5           5           8          40
  Bank premises                                  2,354         121         457          67         123         230         212         203         131         104         254         241         211
  Central bank liquidity swaps (10)             30,005       1,052       9,679       2,603       2,218       6,207       1,716         801         245         122         298         481       4,584
  Other assets (11)                            186,919       4,842      98,427       7,538       5,976      16,857      11,220       9,633       2,784       1,630       3,523       6,759      17,730
  Interdistrict settlement account                   0   +   7,156   -  39,668   -  13,515   +   1,246   -  22,949   +  27,373   +   1,227   +   3,396   +   1,555   -     246   -   2,204   +  36,629

Total assets                                 2,835,305      76,719   1,534,192      83,137      76,335     186,343     198,883     157,129      47,583      27,365      56,506     107,130     283,984
 
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,    August 15, 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          1,282,493      46,087     445,669      47,227      61,786     102,387     173,512      94,408      37,489      22,636      36,729      78,819     135,744
    Less: Notes held by F.R. Banks             207,276       5,048      78,847       5,685       8,810      12,683      27,294      13,522       4,401       3,387       3,928      18,066      25,605
      Federal Reserve notes, net             1,075,217      41,039     366,822      41,542      52,975      89,704     146,218      80,887      33,088      19,249      32,801      60,752     110,139
  Reverse repurchase agreements (12)            90,684       2,203      50,842       2,998       2,306       6,454       5,468       5,031       1,418         824       1,822       3,524       7,796
  Deposits                                   1,603,025      30,554   1,092,180      33,881      16,493      78,536      43,435      69,119      12,417       6,780      21,107      41,565     156,957
    Term deposits held by depository
       institutions                              3,040           5       1,904         623           0         115           8           5           0          50         325           5           0
    Other deposits held by depository
       institutions                          1,563,493      30,545   1,053,995      33,244      16,490      78,278      43,420      69,088      12,416       6,730      20,781      41,557     156,950
    U.S. Treasury, General Account              19,906           0      19,906           0           0           0           0           0           0           0           0           0           0
    U.S. Treasury, Supplementary
       Financing Account                             0           0           0           0           0           0           0           0           0           0           0           0           0
    Foreign official                             5,686           1       5,659           3           3           8           2           1           0           0           0           1           6
    Other                                       10,899           3      10,715          10           0         136           4          25           0           0           1           3           1
  Deferred availability cash items                 891          32           0         101          50          21         153          23          25         135          32          67         252
  Interest on Federal Reserve notes due
     to U.S. Treasury (13)                       1,288          31         799          33          18          67          75          74          17          12          22          49          92
  Other liabilities and accrued
     dividends (14)                              9,493         201       6,096         255         238         610         432         389         171         135         172         286         507

Total liabilities                            2,780,597      74,059   1,516,739      78,810      72,081     175,393     195,781     155,522      47,135      27,136      55,956     106,243     275,743

Capital
  Capital paid in                               27,354       1,330       8,726       2,164       2,127       5,475       1,551         803         224         114         275         444       4,120
  Surplus                                       27,354       1,330       8,726       2,164       2,127       5,475       1,551         803         224         114         275         444       4,120
  Other capital                                      0           0           0           0           0           0           0           0           0           0           0           0           0

Total liabilities and capital                2,835,305      76,719   1,534,192      83,137      76,335     186,343     198,883     157,129      47,583      27,365      56,506     107,130     283,984
 
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,    August 15, 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                                                       Aug 15, 2012 
 
Federal Reserve notes outstanding                                                          1,282,493
  Less: Notes held by F.R. Banks not subject to collateralization                            207,276
    Federal Reserve notes to be collateralized                                             1,075,217
Collateral held against Federal Reserve notes                                              1,075,217
  Gold certificate account                                                                    11,037
  Special drawing rights certificate account                                                   5,200
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                 1,058,980
  Other assets pledged                                                                             0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                     2,589,616
  Less: Face value of securities under reverse repurchase agreements                          78,211
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged      2,511,405
 
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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