---

`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

For Release at
4:30 P.M. EST
February 20, 2014


The Board's H.4.1 statistical release, "Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks," has been modified to reflect a change to tables 1, 8, and 9.
Effective February 18, 2014, deposits held at the Reserve Banks by financial market utilities that were designated
as systemically important by the Financial Stability Oversight Council under Title VIII of the Dodd-Frank
Wall Street Reform and Consumer Protection Act will be included in "Deposits with F.R. Banks, other than reserve
balances, Other" on table 1 and in "Deposits, Other" on tables 8 and 9.                                     

FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                                February 20, 2014


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  Feb 19, 2014 
Federal Reserve Banks                                     Feb 19, 2014 Feb 12, 2014 Feb 20, 2013              

Reserve Bank credit                                         4,108,823   +   35,482   +1,071,468    4,105,653  
  Securities held outright (1)                              3,879,280   +   36,982   +1,049,808    3,887,969  
    U.S. Treasury securities                                2,263,311   +    4,663   +  528,811    2,267,872  
      Bills (2)                                                     0            0            0            0  
      Notes and bonds, nominal (2)                          2,156,383   +    4,666   +  509,921    2,160,945  
      Notes and bonds, inflation-indexed (2)                   93,583            0   +   16,084       93,583  
      Inflation compensation (3)                               13,345   -        2   +    2,805       13,344  
    Federal agency debt securities (2)                         51,411            0   -   23,202       51,411  
    Mortgage-backed securities (4)                          1,564,558   +   32,318   +  544,199    1,568,686  
  Unamortized premiums on securities held outright (5)        209,329   +      788   +   26,724      209,440  
  Unamortized discounts on securities held outright (5)       -14,967   -      312   -   13,313      -15,148  
  Repurchase agreements (6)                                         0            0            0            0  
  Loans                                                           101   -        1   -      347          101  
    Primary credit                                                  0   -        4   -        8            2  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                                 4   +        2   +        3            3  
    Term Asset-Backed Securities Loan Facility (7)                 96            0   -      343           96  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (8)                 1,580   +        1   +      179        1,580  
  Net portfolio holdings of Maiden Lane II LLC (9)                 63            0   +        2           63  
  Net portfolio holdings of Maiden Lane III LLC (10)               22            0            0           22  
  Net portfolio holdings of TALF LLC (11)                         106            0   -      401          106  
  Float                                                          -594   +       29   +       83       -1,114  
  Central bank liquidity swaps (12)                               360            0   -    4,832          360  
  Other Federal Reserve assets (13)                            33,542   -    2,005   +   13,563       22,272  
Foreign currency denominated assets (14)                       24,030   +      122   -      358       24,065  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (15)                             45,637   +       14   +      752       45,637  
                                                                                                              
Total factors supplying reserve funds                       4,194,732   +   35,618   +1,071,863    4,191,596  

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  Feb 19, 2014 
Federal Reserve Banks                                     Feb 19, 2014 Feb 12, 2014 Feb 20, 2013              

Currency in circulation (15)                                 1,241,340   +    9,592   +   72,484    1,245,896 
Reverse repurchase agreements (16)                             192,820   -    5,714   +   95,898      193,885 
  Foreign official and international accounts                  106,223   +    9,169   +    9,301      110,586 
  Others                                                        86,597   -   14,882   +   86,597       83,299 
Treasury cash holdings                                             268   +        2   +       70          269 
Deposits with F.R. Banks, other than reserve balances           80,272   +    5,218   -   42,568       78,163 
  Term deposits held by depository institutions                      0   -   12,822            0            0 
  U.S. Treasury, General Account                                41,184   +    4,774   +   16,307       49,750 
  Foreign official                                               8,031   +       36   -      385        7,977 
  Other (17)                                                    31,057   +   13,231   -   58,491       20,436 
Other liabilities and capital (18)                              63,679   -      165   -    2,991       62,767 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  1,578,380   +    8,935   +  122,894    1,580,979 
                                                                                                              
Reserve balances with Federal Reserve Banks                  2,616,352   +   26,683   +  948,969    2,610,617 

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. The current face value shown is the              
    remaining principal balance of the securities.                                                      
5.  Reflects the premium or discount, which is the difference between the purchase price and the face       
    value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt      
    securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an
    effective-interest basis.                                                                           
6.  Cash value of agreements.                                                                               
7.  Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the      
    Term Asset-Backed Securities Loan Facility.                                                         
8.  Refer to table 4 and the note on consolidation accompanying table 9.                                    
9.  Refer to table 5 and the note on consolidation accompanying table 9.                                    
10. Refer to table 6 and the note on consolidation accompanying table 9.                                    
11. Refer to table 7 and the note on consolidation accompanying table 9.                                    
12. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
13. Includes accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable. Also, includes Reserve Bank premises and equipment net of allowances for       
    depreciation.                                                                                       
14. Revalued daily at current foreign currency exchange rates.                                              
15. Estimated.                                                                                              
16. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
17. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, and designated financial market utilities.                        
18. 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
Memorandum item                                                  Averages of daily figures         Wednesday  
                                                           Week ended    Change from week ended  Feb 19, 2014 
                                                          Feb 19, 2014 Feb 12, 2014 Feb 20, 2013              

Securities held in custody for foreign official and       
     international accounts                                  3,312,932   -      491   +   10,902    3,320,457 
  Marketable U.S. Treasury securities (1)                    2,962,887   +    1,972   +    1,568    2,971,217 
  Federal agency debt and mortgage-backed securities (2)       305,213   -    2,514   +    2,046      304,409 
  Other securities (3)                                          44,832   +       51   +    7,289       44,832 
Securities lent to dealers                                      10,450   +      756   -    7,535       10,945 
  Overnight facility (4)                                        10,450   +      756   -    7,535       10,945 
    U.S. Treasury securities                                     9,388   +      827   -    7,905        9,802 
    Federal agency debt securities                               1,062   -       71   +      370        1,143 

Note: Components may not sum to totals because of rounding.


1.  Includes securities and U.S. Treasury STRIPS at face value, and inflation compensation on TIPS.         
    Does not include securities pledged as collateral to foreign official and international account holders
    against reverse repurchase agreements with the Federal Reserve presented in tables 1, 8, and 9.     
2.  Face value of federal agency securities and current face value of mortgage-backed securities, which     
    is the remaining principal balance of the securities.                                               
3.  Includes non-marketable U.S. Treasury securities, supranationals, corporate bonds, asset-backed         
    securities, and commercial paper at face value.                                                     
4.  Face value. Fully collateralized by U.S. Treasury securities.                                           






2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, February 19, 2014   

Millions of dollars
Remaining Maturity                     Within 15     16 days to    91 days to   Over 1 year   Over 5 year     Over 10         All      
                                          days        90 days        1 year      to 5 years   to 10 years      years                   

Loans (1)                                        5             0            64            33             0           ...           101 
U.S. Treasury securities (2)                                                                                                           
  Holdings                                     295             3           177       819,714       847,898       599,784     2,267,872 
  Weekly changes                        +      294    -      295    +        2    +   41,643    -   37,363    +    2,490    +    6,773 
Federal agency debt securities (3)                                                                                                     
  Holdings                                       0         7,329         7,205        34,468            62         2,347        51,411 
  Weekly changes                                 0    +      883    -      883             0             0             0             0 
Mortgage-backed securities (4)                                                                                                         
  Holdings                                       0             0             0             5         2,940     1,565,740     1,568,686 
  Weekly changes                                 0             0             0             0    +      239    +   36,204    +   36,444 
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)                29           331             0             0             0             0           360 
                                                                                                                                       
Reverse repurchase agreements (6)          193,885             0           ...           ...           ...           ...       193,885 
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. The current face value shown is the              
    remaining principal balance of the securities.                                                      
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
Account name                                                                                                            Wednesday   
                                                                                                                      Feb 19, 2014  

Mortgage-backed securities held outright (1)                                                                             1,568,686  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                           45,035  
Commitments to sell mortgage-backed securities (2)                                                                               0  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                    0  



1.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
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
Account name                                                                                                            Wednesday   
                                                                                                                      Feb 19, 2014  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,580  
                                                                                                                                    
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)                                    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 December 31, 2013. 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
Account name                                                                                                            Wednesday   
                                                                                                                      Feb 19, 2014  

Net portfolio holdings of Maiden Lane II LLC (1)                                                                                63  
                                                                                                                                    
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 December 31, 2013. 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
Account name                                                                                                            Wednesday   
                                                                                                                      Feb 19, 2014  

Net portfolio holdings of Maiden Lane III LLC (1)                                                                               22  
                                                                                                                                    
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 December 31, 2013. 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
Account name                                                                                                            Wednesday   
                                                                                                                      Feb 19, 2014  

Asset-backed securities holdings (1)                                                                                             0  
Other investments, net                                                                                                         106  
Net portfolio holdings of TALF LLC                                                                                             106  
                                                                                                                                    
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)                                            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.         
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) extended loans with a term of up to five years to
holders of eligible asset-backed securities. The Federal Reserve closed the TALF for new loan extensions in 2010.
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.                                     

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. Prior to January 15, 2013, the U.S. Treasury's
Troubled Asset Relief Program (TARP) committed backup funding to TALF LLC, providing credit protection to the
FRBNY. However, the accumulated fees and income collected through the TALF and held by TALF LLC now exceed the
remaining amount of TALF loans outstanding. Accordingly, the TARP credit protection commitment has been
terminated, and TALF LLC has begun to distribute excess proceeds to the Treasury and the FRBNY. 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
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Feb 19, 2014   Wednesday    Wednesday  
                                                        consolidation                Feb 12, 2014 Feb 20, 2013 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        2,039   -       12   -      167  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     4,082,363   +   43,745   +1,056,196  
    Securities held outright (1)                                          3,887,969   +   43,217   +1,044,188  
      U.S. Treasury securities                                            2,267,872   +    6,773   +  531,416  
        Bills (2)                                                                 0            0            0  
        Notes and bonds, nominal (2)                                      2,160,945   +    6,775   +  512,509  
        Notes and bonds, inflation-indexed (2)                               93,583            0   +   16,084  
        Inflation compensation (3)                                           13,344   -        3   +    2,823  
      Federal agency debt securities (2)                                     51,411            0   -   23,202  
      Mortgage-backed securities (4)                                      1,568,686   +   36,444   +  535,974  
    Unamortized premiums on securities held outright  
    (5)                                                                     209,440   +      907   +   25,850  
    Unamortized discounts on securities held outright 
    (5)                                                                     -15,148   -      380   -   13,496  
    Repurchase agreements (6)                                                     0            0            0  
    Loans                                                                       101            0   -      347  
  Net portfolio holdings of Maiden Lane LLC (7)                               1,580   +        1   +      180  
  Net portfolio holdings of Maiden Lane II LLC (8)                               63            0   +        2  
  Net portfolio holdings of Maiden Lane III LLC (9)                              22            0            0  
  Net portfolio holdings of TALF LLC (10)                                       106            0   -      401  
  Items in process of collection                                   (0)          117   +       40   -      456  
  Bank premises                                                               2,282   +        3   -       26  
  Central bank liquidity swaps (11)                                             360            0   -    4,832  
  Foreign currency denominated assets (12)                                   24,065   +      203   -      313  
  Other assets (13)                                                          19,990   -   14,227   +    3,891  
                                                                                                               
Total assets                                                       (0)    4,149,224   +   29,750   +1,054,074  

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
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Feb 19, 2014   Wednesday    Wednesday  
                                                        consolidation                Feb 12, 2014 Feb 20, 2013 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,202,562   +   10,869   +   74,839 
  Reverse repurchase agreements (14)                                         193,885   +    1,813   +  100,764 
  Deposits                                                          (0)    2,688,780   +   15,853   +  880,668 
    Term deposits held by depository institutions                                  0   -   12,822            0 
    Other deposits held by depository institutions                         2,610,617   +    8,832   +  942,234 
    U.S. Treasury, General Account                                            49,750   +   17,186   +    9,047 
    Foreign official                                                           7,977   +        6   -      424 
    Other (15)                                                      (0)       20,436   +    2,652   -   70,189 
  Deferred availability cash items                                  (0)        1,230   +      465   -      410 
  Other liabilities and accrued dividends (16)                                 6,938   +      726   -    2,634 
                                                                                                               
Total liabilities                                                   (0)    4,093,395   +   29,727   +1,053,227 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             27,914   +       11   +      423 
  Surplus                                                                     27,914   +       11   +      423 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 55,829   +       24   +      847 

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. The current face value shown is the              
    remaining principal balance of the securities.                                                      
5.  Reflects the premium or discount, which is the difference between the purchase price and the face       
    value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt      
    securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an
    effective-interest basis.                                                                           
6.  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.      
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. Revalued daily at current foreign currency exchange rates.                                              
13. Includes accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable.                                                                                
14. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
15. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, and designated financial market utilities.                        
16. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC      
    to entities other than the Federal Reserve Bank of New York, including liabilities that have recourse
    only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on      
    consolidation accompanying table 9. Also includes the liability for interest on Federal Reserve notes due
    to U.S. Treasury.                                                                                   

 



9. Statement of Condition of Each Federal Reserve Bank, February 19, 2014
Millions of dollars
Assets, liabilities, and capital               Total       Boston     New York  Philadelphia  Cleveland    Richmond    Atlanta     Chicago    St. Louis  Minneapolis    Kansas      Dallas       San     
                                                                                                                                                                         City                 Francisco  

Assets                                                                                                                                                                                                   
  Gold certificate account                        11,037         391       3,925          397         512         856       1,421         792         310         190         309         728       1,206
  Special drawing rights certificate acct.         5,200         196       1,818          210         237         412         654         424         150          90         153         282         574
  Coin                                             2,039          39          94          129         135         347         241         285          23          52         158         191         346
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans                                 4,082,363     106,747   2,263,877      118,281     104,257     253,838     271,180     220,592      65,685      38,740      77,232     158,524     403,410
    Securities held outright (1)               3,887,969     101,666   2,156,038      112,651      99,295     241,757     258,273     210,092      62,559      36,894      73,556     150,979     384,209
      U.S. Treasury securities                 2,267,872      59,303   1,257,628       65,710      57,919     141,018     150,652     122,548      36,491      21,520      42,906      88,067     224,111
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    2,267,872      59,303   1,257,628       65,710      57,919     141,018     150,652     122,548      36,491      21,520      42,906      88,067     224,111
      Federal agency debt securities (2)          51,411       1,344      28,510        1,490       1,313       3,197       3,415       2,778         827         488         973       1,996       5,080
      Mortgage-backed securities (4)           1,568,686      41,020     869,900       45,452      40,063      97,542     104,206      84,766      25,241      14,886      29,678      60,916     155,017
    Unamortized premiums on securities held 
      outright (5)                               209,440       5,477     116,143        6,068       5,349      13,023      13,913      11,317       3,370       1,987       3,962       8,133      20,697
    Unamortized discounts on securities     
      held outright (5)                          -15,148        -396      -8,400         -439        -387        -942      -1,006        -819        -244        -144        -287        -588      -1,497
    Repurchase agreements (6)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                            101           0          96            0           0           0           1           1           0           2           0           0           1
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (7)                                  1,580           0       1,580            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane II LLC (8)                                  63           0          63            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane III LLC (9)                                 22           0          22            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (10)            106           0         106            0           0           0           0           0           0           0           0           0           0
  Items in process of collection                     117           0           0            0           0           0         116           0           0           0           0           0           0
  Bank premises                                    2,282         124         430           73         110         227         211         201         126          99         246         231         203
  Central bank liquidity swaps (11)                  360          16         116           27          29          75          21          10           3           2           4           6          52
  Foreign currency denominated assets (12)        24,065       1,094       7,741        1,809       1,914       5,018       1,383         664         202         102         253         402       3,482
  Other assets (13)                               19,990         567      10,593          593         523       1,429       1,330       1,070         395         257         404         864       1,964
  Interdistrict settlement account                     0  -   28,605  +  289,663   -   11,204  -   23,374  -   24,903  -   62,552  -   75,017  -   19,775  -   16,766  -   25,043  -   39,830  +   37,406
                                                                                                                                                                                                         
Total assets                                   4,149,224      80,570   2,580,028      110,314      84,343     237,299     214,004     149,022      47,120      22,766      53,716     121,398     448,644

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, February 19, 2014 (continued)
Millions of dollars
Assets, liabilities, and capital               Total       Boston     New York  Philadelphia Cleveland    Richmond    Atlanta     Chicago    St. Louis  Minneapolis    Kansas      Dallas       San     
                                                                                                                                                                        City                 Francisco  

Liabilities                                                                                                                                                                                             
  Federal Reserve notes outstanding            1,385,670      44,453     509,731      40,820      60,333     103,490     167,061      88,026      34,872      20,366      36,755     118,872     160,890
    Less: Notes held by F.R. Banks               183,108       3,881      34,239       4,745       6,553       7,019      15,226      12,908       2,892       7,756      10,485      49,994      27,411
      Federal Reserve notes, net               1,202,562      40,572     475,492      36,075      53,780      96,471     151,835      75,118      31,981      12,610      26,270      68,879     133,479
  Reverse repurchase agreements (14)             193,885       5,070     107,517       5,618       4,952      12,056      12,880      10,477       3,120       1,840       3,668       7,529      19,160
  Deposits                                     2,688,780      32,177   1,975,839      64,186      20,930     116,592      44,432      61,451      11,352       7,836      23,010      43,748     287,227
    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                           2,610,617      32,172   1,897,908      64,161      20,927     116,423      44,421      61,442      11,351       7,836      23,008      43,747     287,221
    U.S. Treasury, General Account                49,750           0      49,750           0           0           0           0           0           0           0           0           0           0
    Foreign official                               7,977           2       7,949           3           3           8           2           1           0           0           0           1           6
    Other (15)                                    20,436           3      20,232          21           0         160          10           7           0           0           1           1           1
  Deferred availability cash items                 1,230           0           0           0           0           0       1,125           0           0         105           0           0           0
  Interest on Federal Reserve notes due     
     to U.S. Treasury (16)                         2,087          59       1,117          69          58         158         142         105          32          16          37          80         214
  Other liabilities and accrued             
     dividends (17)                                4,850         190       1,736         230         219         549         419         351         152         126         142         245         493
                                                                                                                                                                                                        
Total liabilities                              4,093,395      78,068   2,561,701     106,177      79,939     225,825     210,834     147,501      46,636      22,533      53,127     120,481     440,573
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 27,914       1,251       9,164       2,068       2,202       5,737       1,585         760         242         117         295         459       4,035
  Surplus                                         27,914       1,251       9,164       2,068       2,202       5,737       1,585         760         242         117         295         459       4,035
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  4,149,224      80,570   2,580,028     110,314      84,343     237,299     214,004     149,022      47,120      22,766      53,716     121,398     448,644

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, February 19, 2014 (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. The current face value shown is the remaining principal balance of the securities.                                                               
5.  Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt        
    securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an effective-interest basis.                                                               
6.  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.                                                                                                      
7.  Refer to table 4 and the note on consolidation below.                                                                                                                                                   
8.  Refer to table 5 and the note on consolidation below.                                                                                                                                                   
9.  Refer to table 6 and the note on consolidation below.                                                                                                                                                   
10. Refer to table 7 and the note on consolidation below.                                                                                                                                                   
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. Revalued daily at current foreign currency exchange rates.                                                                                                                                              
13. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.                                                                                   
14. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.                                                         
15. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, and designated financial market utilities.                               
16. 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.                                                                                                                                                   
17. 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
Federal Reserve notes and collateral                                                        Wednesday   
                                                                                          Feb 19, 2014  

Federal Reserve notes outstanding                                                            1,385,670  
  Less: Notes held by F.R. Banks not subject to collateralization                              183,108  
    Federal Reserve notes to be collateralized                                               1,202,562  
Collateral held against Federal Reserve notes                                                1,202,562  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,186,325  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       3,887,969  
  Less: Face value of securities under reverse repurchase agreements                           189,307  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        3,698,662  

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

---

Home Economic research and data  Accessibility Contact Us  Last update: February 20, 2014