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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
                                                                                            September 2, 2010
 
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    Sep 1, 2010
Federal Reserve Banks                                      Sep 1, 2010 Aug 25, 2010  Sep 2, 2009
 
Reserve Bank credit                                        2,286,683   -    7,462   +  223,351    2,284,674
  Securities held outright (1)                             2,045,484   -    5,676   +  554,856    2,045,953
    U.S. Treasury securities                                 785,813   +    2,984   +   37,782      786,283
      Bills (2)                                               18,423            0            0       18,423
      Notes and bonds, nominal (2)                           720,694   +    2,837   +   41,419      720,773
      Notes and bonds, inflation-indexed (2)                  41,281   +      152   -    3,307       41,660
      Inflation compensation (3)                               5,416   -        5   -      330        5,427
    Federal agency debt securities (2)                       156,502   -      405   +   38,276      156,502
    Mortgage-backed securities (4)                         1,103,169   -    8,255   +  478,798    1,103,168
  Repurchase agreements (5)                                        0            0            0            0
  Term auction credit                                              0            0   -  212,110            0
  Other loans                                                 56,348   -    1,531   -   52,868       54,034
    Primary credit                                                13   -       15   -   32,646            9
    Secondary credit                                               0   -        1   -      590            0
    Seasonal credit                                               86   -        7   -       27           85
    Asset-Backed Commercial Paper Money Market
       Mutual Fund Liquidity Facility                              0            0   -       79            0
    Credit extended to American International
       Group, Inc., net (6)                                   19,909   -      181   -   18,898       20,057
    Term Asset-Backed Securities Loan Facility (7)            36,340   -    1,327   -      629       33,883
    Other credit extensions                                        0            0            0            0
  Net portfolio holdings of Commercial Paper
     Funding Facility LLC (8)                                      0            0   -   48,155            0
  Net portfolio holdings of Maiden Lane LLC (9)               29,004   +       22   +    2,969       29,047
  Net portfolio holdings of Maiden Lane II LLC (10)           16,029   +       53   +    1,085       16,029
  Net portfolio holdings of Maiden Lane III LLC (11)          23,329   +        4   +    2,432       23,337
  Net portfolio holdings of TALF LLC (12)                        575   +        5   +      575          575
  Preferred interests in AIA Aurora LLC and ALICO
     Holdings LLC (13)                                        25,733            0   +   25,733       25,733
  Float                                                       -1,729   -       57   +      304       -2,075
  Central bank liquidity swaps (14)                               44   +        5   -   63,243           44
  Other Federal Reserve assets (15)                           91,867   -      286   +   11,775       91,997
Gold stock                                                    11,041            0            0       11,041
Special drawing rights certificate account                     5,200            0   +    3,000        5,200
Treasury currency outstanding (16)                            43,331   +       14   +      844       43,331

Total factors supplying reserve funds                      2,346,255   -    7,448   +  227,195    2,344,246
 
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    Sep 1, 2010
Federal Reserve Banks                                      Sep 1, 2010 Aug 25, 2010  Sep 2, 2009
 
Currency in circulation (16)                                 947,508   +    1,232   +   37,060      950,893
Reverse repurchase agreements (17)                            61,999   +    1,566   -    7,426       58,276
  Foreign official and international accounts                 61,999   +    1,566   -    7,426       58,276
  Dealers                                                          0            0            0            0
Treasury cash holdings                                           240   +       19   -       15          247
Deposits with F.R. Banks, other than reserve balances        230,019   +    4,482   -   12,396      252,809
  Term deposits held by depository institutions                2,119            0   +    2,119        2,119
  U.S. Treasury, general account                              23,113   +    4,290   -   12,468       45,737
  U.S. Treasury, supplementary financing account             199,956   +        2   +       24      199,956
  Foreign official                                             1,985   +      294   -      518        2,069
  Service-related                                              2,433   -       25   -    1,644        2,433
    Required clearing balances                                 2,433   -       25   -    1,644        2,433
    Adjustments to compensate for float                            0            0            0            0
  Other                                                          414   -       77   +       92          495
Other liabilities and capital (18)                            71,946   -       97   +   12,598       71,485

Total factors, other than reserve balances,
   absorbing reserve funds                                 1,311,714   +    7,204   +   29,822    1,333,711

Reserve balances with Federal Reserve Banks                1,034,542   -   14,651   +  197,374    1,010,535
 
Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight and term securities lending facilities; 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 outstanding principal and capitalized interest net of unamortized deferred commitment fees and
   allowance for loan restructuring. Excludes credit extended to consolidated LLCs.
7. Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the Term
   Asset-Backed Securities Loan Facility.
8. Includes the book value of the commercial paper, net of amortized costs and related fees, and other
   investments held by the Commercial Paper Funding Facility LLC.
9.  Refer to table 4 and the note on consolidation accompanying table 10.
10. Refer to table 5 and the note on consolidation accompanying table 10.
11. Refer to table 6 and the note on consolidation accompanying table 10.
12. Refer to table 7 and the note on consolidation accompanying table 10.
13. Refer to table 8.
14. 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.
15. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange
    rates, accrued dividends on the Federal Reserve Bank of New York's (FRBNY) preferred interests in AIA
    Aurora LLC and ALICO Holdings LLC, and the fair value adjustment to credit extended by the FRBNY to
    eligible borrowers through the Term Asset-Backed Securities Loan Facility.
16. Estimated.
17. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt
    securities, and mortgage-backed securities.
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 10.

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    Sep 1, 2010
Memorandum item                                            Sep 1, 2010 Aug 25, 2010  Sep 2, 2009
 
Marketable securities held in custody for foreign
   official and international accounts (1)                 3,210,850   +   13,650   +  382,328    3,225,132
  U.S. Treasury securities                                 2,393,824   +   18,032   +  344,719    2,407,645
  Federal agency securities (2)                              817,026   -    4,382   +   37,609      817,487
Securities lent to dealers                                     6,778   +    1,371   -    5,088        8,443
  Overnight facility (3)                                       6,778   +    1,371   -    5,088        8,443
    U.S. Treasury securities                                   5,446   +    1,435   -    6,229        7,130
    Federal agency debt securities                             1,332   -       65   +    1,140        1,313
  Term facility (4)                                                0            0            0            0
 
Note: Components may not sum to totals because of rounding.

1. Face value of the securities. Includes U.S. Treasury STRIPS, other zero-coupon bonds, and mortgage-backed
   securities at face value.
2. Includes debt and mortgage-backed securities.
3. Fully collateralized by U.S. Treasury securities.
4. U.S. Treasury securities only. Fully collateralized by U.S. Treasury securities, federal agency
   securities, and other highly rated debt securities.

 
2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities,  September 1, 2010
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    
 
Other loans (1)                               33           61            0       53,940            0           ...       54,034
U.S. Treasury securities (2)
  Holdings                                13,318       17,798       52,786      341,198      220,725       140,458      786,283
  Weekly changes                      -    5,355   +    6,588   -      507   -    1,610   +    1,036    +    1,633   +    1,785
Federal agency debt securities (3)
  Holdings                                 1,983        6,341       38,402       74,683       32,746         2,347      156,502
  Weekly changes                      +    1,983   -    1,983            0            0            0             0            0
Mortgage-backed securities (4)
  Holdings                                     0            0            0           29           20     1,103,119    1,103,168
  Weekly changes                               0            0            0            0            0    +        1   +        1
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)              43            1            0            0            0             0           44

Reverse repurchase agreements (6)         58,276            0          ...          ...          ...           ...       58,276
Term deposits                                  0        2,119            0          ...          ...           ...        2,119
 
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 Purchase Program
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                            Sep 1, 2010 
 
Mortgage-backed securities held outright (1)                                                                           1,103,168

Commitments to buy mortgage-backed securities (2)                                                                              0
Commitments to sell mortgage-backed securities (2)                                                                             0

Cash and cash equivalents (3)                                                                                                 43
 
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 9 and table 10.

 
4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                            Sep 1, 2010 
 
Net portfolio holdings of Maiden Lane LLC (1)                                                                             29,047

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                 28,281
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         550
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)                              1,292
 
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, 2010. 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 10.
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 9 and table 10.

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                                                                                                            Sep 1, 2010 
 
Net portfolio holdings of Maiden Lane II LLC (1)                                                                          16,029

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                 13,873
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         394
Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc. (3)                    1,060
 
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, 2010. 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 10.
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
   9 and table 10.

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                                                                                                            Sep 1, 2010 
 
Net portfolio holdings of Maiden Lane III LLC (1)                                                                         23,337

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                 15,107
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         484
Outstanding principal amount and accrued interest on loan payable to American International Group, Inc. (3)                5,308
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
   be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of
        June 30, 2010. 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 10.
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 9 and table 10.

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                                                                                                            Sep 1, 2010 
 
Asset-backed securities holdings (1)                                                                                           0
Other investments, net                                                                                                       575
Net portfolio holdings of TALF LLC                                                                                           575

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)                                        105
 
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 10.
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 9 and table 10.

Note: On November 25, 2008, the Federal Reserve announced the creation of the Term Asset-Backed Securities Loan Facility (TALF)
under the authority of section 13(3) of the Federal Reserve Act. The TALF is a facility under which the Federal Reserve Bank of New
York (FRBNY) extends loans with a term of up to five years to holders of eligible asset-backed securities. The TALF is intended to
assist financial markets in accommodating the credit needs of consumers and businesses by facilitating the issuance of asset-backed
securities collateralized by a variety of consumer and business loans. The loans provided through the TALF to eligible borrowers are
non-recourse, meaning that the obligation of the borrower can be discharged by surrendering the collateral to the FRBNY. The loans
are extended for the market value of the security less an amount known as a haircut. As a result, the borrower bears the initial
risk of a decline in the value of the security.

TALF LLC is a limited liability company formed to purchase and manage any asset-backed securities received by the FRBNY in
connection with the decision of a borrower not to repay a TALF loan. TALF LLC has committed, for a fee, to purchase all asset-backed
securities received by the FRBNY in conjunction with a TALF loan at a price equal to the TALF loan plus accrued but unpaid interest.
Losses on asset-backed securities held by TALF LLC will be offset in the following order: by the commitment fees collected by TALF
LLC, by the interest received on investments of TALF LLC, by up to $4.3 billion in subordinated debt funding provided by the U.S.
Treasury, and finally, by senior debt funding provided by the FRBNY. Payments by TALF LLC from the proceeds of its net portfolio
holdings will be made in the following order: operating expenses of TALF LLC, principal due to the FRBNY, principal due to the U.S.
Treasury, interest due to the FRBNY, and interest due to the U.S. Treasury. Any remaining funds will be shared by the FRBNY and the
U.S. Treasury.

 
8. Supplemental Information on the Federal Reserve Bank of New York's Preferred Interests in
AIA Aurora LLC and ALICO Holdings LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                            Sep 1, 2010 
 
Preferred interests in AIA Aurora LLC and ALICO Holdings LLC (1)                                                          25,733
Accrued dividends on preferred interests in AIA Aurora LLC and ALICO Holdings LLC (2)                                        222

Preferred interests in AIA Aurora LLC (1)                                                                                 16,469
Accrued dividends on preferred interests in AIA Aurora LLC (2)                                                               142

Preferred interests in ALICO Holdings LLC (1)                                                                              9,264
Accrued dividends on preferred interests in ALICO Holdings LLC (2)                                                            80
 
Note: Components may not sum to totals because of rounding.

1. Book value.
2. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 9 and table 10.

Note on preferred interests:

In conjunction with the restructuring of the government's assistance to American International Group, Inc. (AIG) announced March 2,
2009, the outstanding balance and amount available of revolving credit provided to AIG by the FRBNY has been reduced in exchange for
preferred interests in two special purpose vehicles, AIA Aurora LLC and ALICO Holdings LLC. These two limited liability companies
were created to directly or indirectly hold all of the outstanding common stock of American International Assurance Company Ltd.
(AIA) and American Life Insurance Company (ALICO), two life insurance subsidiaries of AIG. AIG will retain control of AIA Aurora LLC
and ALICO Holdings LLC, and the FRBNY will have certain consent, disposition, and conversion rights with respect to its preferred
interests.

Dividends accrue as a percentage of the FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC. On a quarterly basis,
the accrued dividends are capitalized and added to the FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC.

 
9. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
                                                       Eliminations from  Wednesday         Change since       
                                                        consolidation    Sep 1, 2010   Wednesday    Wednesday  
Assets, liabilities, and capital                                                      Aug 25, 2010  Sep 2, 2009
 
Assets
  Gold certificate account                                                  11,037             0            0
  Special drawing rights certificate account                                 5,200             0   +    3,000
  Coin                                                                       2,067    -        2   +      151
  Securities, repurchase agreements, term auction
     credit, and other loans                                             2,099,987    -      563   +  281,884
    Securities held outright (1)                                         2,045,953    +    1,786   +  548,522
      U.S. Treasury securities                                             786,283    +    1,785   +   33,442
        Bills (2)                                                           18,423             0            0
        Notes and bonds, nominal (2)                                       720,773    +    1,243   +   36,698
        Notes and bonds, inflation-indexed (2)                              41,660    +      531   -    2,928
        Inflation compensation (3)                                           5,427    +       10   -      328
      Federal agency debt securities (2)                                   156,502             0   +   37,165
      Mortgage-backed securities (4)                                     1,103,168    +        1   +  477,915
    Repurchase agreements (5)                                                    0             0            0
    Term auction credit                                                          0             0   -  212,110
    Other loans                                                             54,034    -    2,349   -   54,528
  Net portfolio holdings of Commercial Paper
     Funding Facility LLC (6)                                                    0             0   -   47,663
  Net portfolio holdings of Maiden Lane LLC (7)                             29,047    +       57   +    2,968
  Net portfolio holdings of Maiden Lane II LLC (8)                          16,029    -        1   +    1,082
  Net portfolio holdings of Maiden Lane III LLC (9)                         23,337    +       10   +    2,402
  Net portfolio holdings of TALF LLC (10)                                      575             0   +      575
  Preferred interests in AIA Aurora LLC and ALICO
     Holdings LLC (11)                                                      25,733             0   +   25,733
  Items in process of collection                            (109)              275    -       44   -      345
  Bank premises                                                              2,222    -        7   +        8
  Central bank liquidity swaps (12)                                             44    +        5   -   63,243
  Other assets (13)                                                         89,787    +    1,509   +   12,010

Total assets                                                (109)        2,305,341    +      965   +  218,564
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

 
9. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
                                                       Eliminations from  Wednesday         Change since       
                                                        consolidation    Sep 1, 2010   Wednesday    Wednesday  
Assets, liabilities, and capital                                                      Aug 25, 2010  Sep 2, 2009
 
Liabilities
  Federal Reserve notes, net of F.R. Bank holdings                         909,873    +    3,596   +   37,060
  Reverse repurchase agreements (14)                                        58,276    -    2,839   -   10,427
  Deposits                                                    (0)        1,263,356    -      291   +  179,694
    Term deposits held by depository institutions                            2,119             0   +    2,119
    Other deposits held by depository institutions                       1,012,980    -   40,362   +  190,647
    U.S. Treasury, general account                                          45,737    +   39,848   -   12,979
    U.S. Treasury, supplementary financing account                         199,956    +        2   +       24
    Foreign official                                                         2,069    +      159   -      311
    Other                                                     (0)              495    +       62   +      195
  Deferred availability cash items                          (109)            2,350    +      365   -      516
  Other liabilities and accrued dividends (15)                              14,864    -      176   +    6,960

Total liabilities                                           (109)        2,248,719    +      654   +  212,772

Capital accounts
  Capital paid in                                                           26,675    -       47   +    1,894
  Surplus                                                                   25,851    +        6   +    4,511
  Other capital accounts                                                     4,095    +      352   -      615

Total capital                                                               56,621    +      310   +    5,791
 
Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight and term securities lending facilities; 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. Includes the book value of the commercial paper, net of amortized costs and related fees, and other
   investments held by the Commercial Paper Funding Facility LLC.
7. Refer to table 4 and the note on consolidation accompanying table 10.
8. Refer to table 5 and the note on consolidation accompanying table 10.
9.  Refer to table 6 and the note on consolidation accompanying table 10.
10. Refer to table 7 and the note on consolidation accompanying table 10.
11. Refer to table 8.
12. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when
    the foreign currency is returned to the foreign central bank. This exchange rate equals the market exchange
    rate used when the foreign currency was acquired from the foreign central bank.
13. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates,
    accrued dividends on the Federal Reserve Bank of New York's (FRBNY) preferred interests in AIA Aurora LLC
    and ALICO Holdings LLC, and the fair value adjustment to credit extended by the FRBNY to eligible borrowers
    through the Term Asset-Backed Securities Loan Facility.
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 10.


 
10. Statement of Condition of Each Federal Reserve Bank,  September 1, 2010
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         369       4,038         404         463         846       1,385         887         324         203         296         652       1,170
  Special drawing rights certificate acct.       5,200         196       1,818         210         237         412         654         424         150          90         153         282         574
  Coin                                           2,067          63          70         163         150         304         198         320          30          58         148         217         347
  Securities, repurchase agreements,
     term auction credit, and other
     loans                                   2,099,987      51,776     888,797      47,780      69,513     233,013     193,620     154,240      52,727      28,034      70,192      85,922     224,373
    Securities held outright (1)             2,045,953      51,776     834,857      47,779      69,513     233,012     193,604     154,237      52,700      28,009      70,185      85,911     224,372
      U.S. Treasury securities                 786,283      19,898     320,845      18,362      26,715      89,549      74,404      59,275      20,253      10,764      26,973      33,016      86,229
        Bills (2)                               18,423         466       7,517         430         626       2,098       1,743       1,389         475         252         632         774       2,020
        Notes and bonds (3)                    767,861      19,432     313,328      17,932      26,089      87,451      72,661      57,886      19,779      10,512      26,341      32,243      84,208
      Federal agency debt securities (2)       156,502       3,961      63,861       3,655       5,317      17,824      14,809      11,798       4,031       2,142       5,369       6,572      17,163
      Mortgage-backed securities (4)         1,103,168      27,918     450,151      25,762      37,481     125,639     104,390      83,164      28,416      15,102      37,843      46,323     120,980
    Repurchase agreements (5)                        0           0           0           0           0           0           0           0           0           0           0           0           0
    Term auction credit                              0           0           0           0           0           0           0           0           0           0           0           0           0
    Other loans                                 54,034           0      53,940           1           0           1          16           4          27          25           8          12           1
  Net portfolio holdings of Commercial
     Paper Funding Facility LLC (6)                  0           0           0           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane LLC (7)                               29,047           0      29,047           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane II LLC (8)                            16,029           0      16,029           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane III LLC (9)                           23,337           0      23,337           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (10)          575           0         575           0           0           0           0           0           0           0           0           0           0
  Preferred interests in AIA Aurora LLC
     and ALICO Holdings LLC (11)                25,733           0      25,733           0           0           0           0           0           0           0           0           0           0
  Items in process of collection                   385          17           0          32          87          11          39          55          28          15          16          40          47
  Bank premises                                  2,222         124         256          69         142         238         218         209         135         108         265         247         212
  Central bank liquidity swaps (12)                 44           2          13           5           3          12           3           1           0           1           0           1           3
  Other assets (13)                             89,787       2,568      33,904       4,276       4,043      14,310       7,619       5,419       1,906       1,599       2,413       3,055       8,675
  Interdistrict settlement account                   0   +   3,196   + 102,304   +  23,059   -  14,882   +  13,391   -  43,725   -  36,255   -  12,994   +   9,696   -  16,969   -   2,081   -  24,740

Total assets                                 2,305,450      58,309   1,125,921      75,998      59,756     262,536     160,011     125,301      42,306      39,804      56,514      88,334     210,660
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

 
10. Statement of Condition of Each Federal Reserve Bank,  September 1, 2010 (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          1,139,205      41,254     389,576      46,118      46,654      90,557     145,109      88,371      33,384      20,371      34,138      77,348     126,323
    Less: Notes held by F.R. Banks             229,332       4,105      97,773       5,336       9,592      14,838      31,380      13,214       4,587       5,775       3,387      12,791      26,554
      Federal Reserve notes, net               909,873      37,149     291,802      40,782      37,062      75,719     113,730      75,157      28,797      14,596      30,751      64,557      99,769
  Reverse repurchase agreements (14)            58,276       1,475      23,780       1,361       1,980       6,637       5,515       4,393       1,501         798       1,999       2,447       6,391
  Deposits                                   1,263,356      17,509     783,215      27,714      16,045     166,575      36,840      43,691      11,246      22,297      22,980      20,105      95,139
    Term deposits held by depository
       institutions                              2,119          27         886           0          15          96         161         506           0           6          34          62         327
    Other deposits held by depository
       institutions                          1,012,980      17,470     534,385      27,710      16,027     166,277      36,675      43,122      11,237      22,290      22,945      20,042      94,801
    U.S. Treasury, general account              45,737           0      45,737           0           0           0           0           0           0           0           0           0           0
    U.S. Treasury, supplementary
       financing account                       199,956           0     199,956           0           0           0           0           0           0           0           0           0           0
    Foreign official                             2,069           1       2,041           4           3          11           2           1           0           1           0           1           3
    Other                                          495          12         210           0           0         191           1          63           8           0           1           0           8
  Deferred availability cash items               2,460          87           2         241         527         112         138         225          80         343         127         109         470
  Other liabilities and accrued
     dividends (15)                             14,864         194      11,172         219         253         737         524         428         192         136         191         263         557

Total liabilities                            2,248,829      56,414   1,109,970      70,317      55,867     249,780     156,746     123,894      41,815      38,170      56,049      87,481     202,326

Capital
  Capital paid in                               26,675         916       7,653       2,829       1,924       5,439       1,551         668         216         807         211         399       4,062
  Surplus                                       25,851         946       7,647       2,804       1,911       7,141       1,581         621         239         712         210         353       1,688
  Other capital                                  4,095          33         650          48          55         177         133         119          36         116          44         100       2,584

Total liabilities and capital                2,305,450      58,309   1,125,921      75,998      59,756     262,536     160,011     125,301      42,306      39,804      56,514      88,334     210,660
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

10. Statement of Condition of Each Federal Reserve Bank,  September 1, 2010 (continued)
1. Includes securities lent to dealers under the overnight and term securities lending facilities; 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. Includes the book value of the commercial paper, net of amortized costs and related fees, and other investments held by the Commercial Paper Funding Facility LLC.
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. Refer to table 8.
12. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals
    the market exchange rate used when the foreign currency was acquired from the foreign central bank.
13. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates, accrued dividends on the Federal Reserve Bank of New York's (FRBNY) preferred interests
    in AIA Aurora LLC and ALICO Holdings LLC, and the fair value adjustment to credit extended by the FRBNY to eligible borrowers through the Term Asset-Backed Securities Loan Facility.
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 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 9), 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 9).

 
11. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
                                                                                            Wednesday   
Federal Reserve notes and collateral                                                        Sep 1, 2010 
 
Federal Reserve notes outstanding                                                          1,139,205
  Less: Notes held by F.R. Banks not subject to collateralization                            229,332
    Federal Reserve notes to be collateralized                                               909,873
Collateral held against Federal Reserve notes                                                909,873
  Gold certificate account                                                                    11,037
  Special drawing rights certificate account                                                   5,200
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   893,636
  Other assets pledged                                                                             0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                     2,045,953
  Less: Face value of securities under reverse repurchase agreements                          56,825
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged      1,989,129
 
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 and term securities lending facilities; refer
   to table 1A.`

Statistical releases

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