---

`FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                                  August 27, 2015


1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and                          Averages of daily figures         Wednesday  
reserve balances of depository institutions at             Week ended    Change from week ended  Aug 26, 2015 
Federal Reserve Banks                                     Aug 26, 2015 Aug 19, 2015 Aug 27, 2014              

Reserve Bank credit                                         4,446,736   -   13,843   +   70,772    4,436,274  
  Securities held outright (1)                              4,242,697   -    4,192   +   83,202    4,233,581  
    U.S. Treasury securities                                2,461,842   +       90   +   28,194    2,461,876  
      Bills (2)                                                     0            0            0            0  
      Notes and bonds, nominal (2)                          2,346,641            0   +   27,248    2,346,641  
      Notes and bonds, inflation-indexed (2)                   98,534            0   +      779       98,534  
      Inflation compensation (3)                               16,668   +       91   +      168       16,701  
    Federal agency debt securities (2)                         35,093            0   -    6,469       35,093  
    Mortgage-backed securities (4)                          1,745,761   -    4,284   +   61,476    1,736,612  
  Unamortized premiums on securities held outright (5)        195,725   -      522   -   13,861      195,313  
  Unamortized discounts on securities held outright (5)       -17,283   +       34   +    1,412      -17,267  
  Repurchase agreements (6)                                         0            0            0            0  
  Loans                                                           252   -        6   -       40          253  
    Primary credit                                                 11   -       24   -        3            8  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                               241   +       17   -        3          245  
    Term Asset-Backed Securities Loan Facility (7)                  0            0   -       34            0  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (8)                 1,701   -        1   +       33        1,699  
  Net portfolio holdings of Maiden Lane II LLC (9)                  0            0   -       63            0  
  Net portfolio holdings of Maiden Lane III LLC (9)                 0            0   -       22            0  
  Net portfolio holdings of TALF LLC (10)                           0            0   -       44            0  
  Float                                                            56   +        9   +      610         -108  
  Central bank liquidity swaps (11)                               134   +        2   +       57          134  
  Other Federal Reserve assets (12)                            23,454   -    9,166   -      512       22,670  
Foreign currency denominated assets (13)                       20,146   +      515   -    3,232       20,286  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (14)                             47,051   +       14   +      960       47,051  
                                                                                                              
Total factors supplying reserve funds                       4,530,174   -   13,315   +   68,500    4,519,853  

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





1. Factors Affecting Reserve Balances of Depository Institutions (continued)
Millions of dollars
Reserve Bank credit, related items, and                          Averages of daily figures         Wednesday  
reserve balances of depository institutions at             Week ended    Change from week ended  Aug 26, 2015 
Federal Reserve Banks                                     Aug 26, 2015 Aug 19, 2015 Aug 27, 2014              

Currency in circulation (14)                                 1,375,802   +      151   +   88,142    1,378,197 
Reverse repurchase agreements (15)                             249,304   +   12,097   -      874      231,876 
  Foreign official and international accounts                  165,587   +    1,205   +   61,984      163,157 
  Others                                                        83,717   +   10,892   -   62,858       68,719 
Treasury cash holdings                                             160   +        9   -        1          155 
Deposits with F.R. Banks, other than reserve balances          156,326   -  178,233   +   75,361      139,242 
  Term deposits held by depository institutions                      0   -  123,262            0            0 
  U.S. Treasury, General Account                               128,581   -   49,302   +   88,364      119,147 
  Foreign official                                               5,250   +        3   -    1,330        5,244 
  Other (16)                                                    22,496   -    5,671   -   11,673       14,852 
Other liabilities and capital (17)                              66,326   -    1,027   +    2,410       65,219 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  1,847,918   -  167,003   +  165,038    1,814,689 
                                                                                                              
Reserve balances with Federal Reserve Banks                  2,682,256   +  153,688   -   96,538    2,705,163 

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 6.                                    
9.  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. Refer to the
    note on consolidation accompanying table 6.                                                         
10. Refer to the note on consolidation accompanying table 6.                                                
11. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
12. Includes 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.                                                                                       
13. Revalued daily at current foreign currency exchange rates.                                              
14. Estimated.                                                                                              
15. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
16. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, and designated financial market utilities.                        
17. Includes the liability for interest on Federal Reserve notes due to U.S. Treasury.                      
                                                                                                            


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  Aug 26, 2015 
                                                          Aug 26, 2015 Aug 19, 2015 Aug 27, 2014              

Securities held in custody for foreign official and       
     international accounts                                  3,341,767   -   15,098   +      603    3,347,652 
  Marketable U.S. Treasury securities (1)                    3,011,925   -    4,856   -      221    3,018,221 
  Federal agency debt and mortgage-backed securities (2)       285,659   -   10,075   -      414      285,209 
  Other securities (3)                                          44,183   -      167   +    1,238       44,223 
Securities lent to dealers                                      11,217   -      704   +    1,355       11,663 
  Overnight facility (4)                                        11,217   -      704   +    1,355       11,663 
    U.S. Treasury securities                                    11,167   -      694   +    2,123       11,617 
    Federal agency debt securities                                  50   -       10   -      768           46 

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, 5, and 6.     
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, August 26, 2015     

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                                          196            57             0             0             0           ...           253 
U.S. Treasury securities (1)                                                                                                           
  Holdings                                       0           327       159,983     1,138,011       525,562       637,993     2,461,876 
  Weekly changes                                 0             0    +        3    +       14    +       14    +       60    +       91 
Federal agency debt securities (2)                                                                                                     
  Holdings                                       0         2,149        10,452        20,145             0         2,347        35,093 
  Weekly changes                                 0             0             0             0             0             0             0 
Mortgage-backed securities (3)                                                                                                         
  Holdings                                       0             0             0           100         9,229     1,727,283     1,736,612 
  Weekly changes                                 0             0             0    -        3    +      131    -   11,591    -   11,463 
Repurchase agreements (4)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (5)               134             0             0             0             0             0           134 
                                                                                                                                       
Reverse repurchase agreements (4)          231,876             0           ...           ...           ...           ...       231,876 
Term deposits                                    0             0             0           ...           ...           ...             0 

Note: Components may not sum to totals because of rounding.
...Not applicable.


1.  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.             
2.  Face value.                                                                                             
3.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
4.  Cash value of agreements.                                                                               
5.  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   
                                                                                                                      Aug 26, 2015  

Mortgage-backed securities held outright (1)                                                                             1,736,612  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                           27,710  
Commitments to sell mortgage-backed securities (2)                                                                               0  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                   83  



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 5       
    and table 6.                                                                                        




4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Aug 26, 2015  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,699  
                                                                                                                                    
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 June 30, 2015. 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 6.                                                  
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 5 and table 6.                      


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. The remaining outstanding balances of the senior
loan from FRBNY to Maiden Lane LLC, and the subordinated loan from JPMorgan Chase & Co. to Maiden Lane LLC were
repaid in full, with interest.

                                                                          






5. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Aug 26, 2015   Wednesday    Wednesday  
                                                        consolidation                Aug 19, 2015 Aug 27, 2014 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,910   +       11   -       23  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     4,411,880   -   12,136   +   65,120  
    Securities held outright (1)                                          4,233,581   -   11,372   +   77,775  
      U.S. Treasury securities                                            2,461,876   +       91   +   25,944  
        Bills (2)                                                                 0            0            0  
        Notes and bonds, nominal (2)                                      2,346,641            0   +   24,982  
        Notes and bonds, inflation-indexed (2)                               98,534            0   +      779  
        Inflation compensation (3)                                           16,701   +       91   +      183  
      Federal agency debt securities (2)                                     35,093            0   -    6,469  
      Mortgage-backed securities (4)                                      1,736,612   -   11,463   +   58,300  
    Unamortized premiums on securities held outright  
    (5)                                                                     195,313   -      733   -   13,995  
    Unamortized discounts on securities held outright 
    (5)                                                                     -17,267   +       38   +    1,422  
    Repurchase agreements (6)                                                     0            0            0  
    Loans                                                                       253   -       69   -       82  
  Net portfolio holdings of Maiden Lane LLC (7)                               1,699   -        2   +       31  
  Net portfolio holdings of Maiden Lane II LLC (8)                                0            0   -       63  
  Net portfolio holdings of Maiden Lane III LLC (8)                               0            0   -       22  
  Net portfolio holdings of TALF LLC (9)                                          0            0   -       44  
  Items in process of collection                                   (0)          290   -       24   +      221  
  Bank premises                                                               2,237   +        1   -       31  
  Central bank liquidity swaps (10)                                             134   +        2   +       57  
  Foreign currency denominated assets (11)                                   20,286   +      678   -    3,055  
  Other assets (12)                                                          20,432   -      633   -      822  
                                                                                                               
Total assets                                                       (0)    4,475,105   -   12,103   +   61,369  

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





5. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Aug 26, 2015   Wednesday    Wednesday  
                                                        consolidation                Aug 19, 2015 Aug 27, 2014 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,333,207   +    1,805   +   86,985 
  Reverse repurchase agreements (13)                                         231,876   -   16,018   -   50,126 
  Deposits                                                          (0)    2,844,405   +    1,749   +   22,489 
    Term deposits held by depository institutions                                  0   -  123,262            0 
    Other deposits held by depository institutions                         2,705,163   +  151,576   -   73,231 
    U.S. Treasury, General Account                                           119,147   -   22,929   +   89,600 
    Foreign official                                                           5,244   -        1   -    1,320 
    Other (14)                                                      (0)       14,852   -    3,634   +    7,441 
  Deferred availability cash items                                  (0)          397   +      113   -      242 
  Other liabilities and accrued dividends (15)                                 6,925   +      164   +      287 
                                                                                                               
Total liabilities                                                   (0)    4,416,811   -   12,187   +   59,394 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             29,147   +       42   +      987 
  Surplus                                                                     29,147   +       42   +      987 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 58,294   +       84   +    1,975 

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 6.                                    
8.  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. Refer to the
    note on consolidation accompanying table 6.                                                         
9.  Refer to the note on consolidation accompanying table 6.                                                
10. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
11. Revalued daily at current foreign currency exchange rates.                                              
12. Includes accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable.                                                                                
13. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
14. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, and designated financial market utilities.                        
15. Includes the liability for interest on Federal Reserve notes due to U.S. Treasury.                      

 



6. Statement of Condition of Each Federal Reserve Bank, August 26, 2015
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         347       3,709          340         505         783       1,600         734         299         171         288         891       1,370
  Special drawing rights certificate acct.         5,200         196       1,818          210         237         412         654         424         150          90         153         282         574
  Coin                                             1,910          47          64          133         133         305         197         275          33          44         151         199         329
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans                                 4,411,880     111,839   2,648,352      109,724     106,066     239,611     248,460     163,925      46,064      26,958      57,316     142,121     511,444
    Securities held outright (1)               4,233,581     107,319   2,541,469      105,296     101,785     229,941     238,402     157,296      44,150      25,747      54,996     136,377     490,801
      U.S. Treasury securities                 2,461,876      62,407   1,477,894       61,231      59,189     133,713     138,633      91,470      25,674      14,972      31,981      79,305     285,406
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    2,461,876      62,407   1,477,894       61,231      59,189     133,713     138,633      91,470      25,674      14,972      31,981      79,305     285,406
      Federal agency debt securities (2)          35,093         890      21,067          873         844       1,906       1,976       1,304         366         213         456       1,130       4,068
      Mortgage-backed securities (4)           1,736,612      44,022   1,042,509       43,192      41,752      94,322      97,792      64,523      18,110      10,561      22,560      55,942     201,326
    Unamortized premiums on securities held 
      outright (5)                               195,313       4,951     117,249        4,858       4,696      10,608      10,998       7,257       2,037       1,188       2,537       6,292      22,643
    Unamortized discounts on securities     
      held outright (5)                          -17,267        -438     -10,365         -429        -415        -938        -972        -642        -180        -105        -224        -556      -2,002
    Repurchase agreements (6)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                            253           6           0            0           0           0          32          13          58         128           7           8           2
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (7)                                  1,699           0       1,699            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane II LLC (8)                                   0           0           0            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane III LLC (8)                                  0           0           0            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (9)               0           0           0            0           0           0           0           0           0           0           0           0           0
  Items in process of collection                     290           0           0            0           0           0         289           0           0           0           0           0           0
  Bank premises                                    2,237         125         438           74         108         215         208         205         118          93         238         220         197
  Central bank liquidity swaps (10)                  134           6          43            7          10          31           8           4           1           1           1           2          20
  Foreign currency denominated                                                                                                                                                                           
     assets (11)                                  20,286         920       6,540        1,133       1,581       4,655       1,154         545         189          85         213         292       2,978
  Other assets (12)                               20,432         548      11,700          512         497       1,251       1,154         773         421         149         297         768       2,363
  Interdistrict settlement account                     0  +   11,495  -  112,500   +   13,740  +   30,598  +   34,462  -   11,983  +   11,985  +    9,133  +    4,368  +    2,905  +    4,335  +    1,462
                                                                                                                                                                                                         
Total assets                                   4,475,105     125,522   2,561,863      125,873     139,736     281,723     241,741     178,868      56,409      31,959      61,563     149,111     520,737

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





6. Statement of Condition of Each Federal Reserve Bank, August 26, 2015 (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            1,514,325      48,803     494,253      49,976      82,436     104,141     209,093     105,493      51,503      26,644      41,349     117,264     183,370
    Less: Notes held by F.R. Banks               181,118       6,384      56,822       6,604       9,747      12,376      23,647      11,619       5,124       3,103       4,878      15,189      25,623
      Federal Reserve notes, net               1,333,207      42,418     437,431      43,371      72,689      91,765     185,446      93,874      46,378      23,541      36,471     102,076     157,746
  Reverse repurchase agreements (13)             231,876       5,878     139,198       5,767       5,575      12,594      13,057       8,615       2,418       1,410       3,012       7,469      26,881
  Deposits                                     2,844,405      74,399   1,962,779      73,241      56,695     163,456      39,330      74,476       6,904       6,368      21,318      38,453     326,985
    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                           2,705,163      74,395   1,830,114      73,238      56,692     163,245      39,321      68,177       6,869       6,368      21,317      38,450     326,977
    U.S. Treasury, General Account               119,147           0     119,147           0           0           0           0           0           0           0           0           0           0
    Foreign official                               5,244           2       5,216           2           3           9           2           1           0           0           0           1           6
    Other (14)                                    14,852           2       8,302           0           0         201           7       6,298          36           0           1           3           2
  Deferred availability cash items                   397           0           0           0           0           0         156           0           0         242           0           0           0
  Interest on Federal Reserve notes due     
     to U.S. Treasury (15)                         2,237          68       1,179          67          90         259         119          71          13           8          25          59         281
  Other liabilities and accrued             
     dividends                                     4,688         155       2,143         191         203         496         329         255         125         136         121         183         351
                                                                                                                                                                                                        
Total liabilities                              4,416,811     122,918   2,542,729     122,637     135,251     268,570     238,438     177,291      55,838      31,705      60,949     148,239     512,244
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 29,147       1,302       9,567       1,618       2,242       6,577       1,651         789         285         127         307         436       4,246
  Surplus                                         29,147       1,302       9,567       1,618       2,242       6,577       1,651         789         285         127         307         436       4,246
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  4,475,105     125,522   2,561,863     125,873     139,736     281,723     241,741     178,868      56,409      31,959      61,563     149,111     520,737

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





6. Statement of Condition of Each Federal Reserve Bank, August 26, 2015 (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.  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. Refer       
    to the note on consolidation below.                                                                                                                                                                 
9.  Refer to the note on consolidation below.                                                                                                                                                               
10. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals        
    the market exchange rate used when the foreign currency was acquired from the foreign central bank.                                                                                                 
11. Revalued daily at current foreign currency exchange rates.                                                                                                                                              
12. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.                                                                                   
13. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.                                                         
14. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, and designated financial market utilities.                               
15. 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.                                                                                                                                                   
                                                                                                                                                                                                            


Note on consolidation:

The Federal Reserve Bank of New York (FRBNY) 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 June 14, 2012, the remaining outstanding balance of the senior loan from FRBNY to Maiden Lane LLC
was repaid in full, with interest. On November 15, 2012, the remaining outstanding balance of the subordinated loan from JPMorgan Chase & Co. to Maiden Lane LLC was repaid in full, with
interest. 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. had written credit default swap contracts. On June 14, 2012, the loan from FRBNY to Maiden Lane III was repaid in full, with interest. 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 March 1, 2012, the loan from FRBNY to Maiden Lane II was repaid in full, with interest. 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. On January 15, 2013 the FRBNY's commitment to extend credit to TALF LLC was eliminated.                                                 

The FRBNY was the primary beneficiary of TALF LLC, because of the two beneficiaries of the LLC, the FRBNY and the U.S. Treasury, the FRBNY was primarily responsible for directing the
financial activities of TALF LLC. The FRBNY was the primary beneficiary of the other LLCs cited above because it received a majority of any residual returns of the LLCs and absorbed a majority of any
residual losses of the LLCs. Consistent with generally accepted accounting principles, the assets and liabilities of these LLCs were 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 were eliminated, the net
assets of the LLCs appeared as assets on the previous page (and in table 1 and table 5), and the liabilities of the LLCs to entities other than the FRBNY, including those with recourse only to
the portfolio holdings of the LLCs, were included in other liabilities in this table (and table 1 and table 5).

                                                                           



7. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Federal Reserve notes and collateral                                                        Wednesday   
                                                                                          Aug 26, 2015  

Federal Reserve notes outstanding                                                            1,514,325  
  Less: Notes held by F.R. Banks not subject to collateralization                              181,118  
    Federal Reserve notes to be collateralized                                               1,333,207  
Collateral held against Federal Reserve notes                                                1,333,207  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,316,970  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       4,233,581  
  Less: Face value of securities under reverse repurchase agreements                           216,779  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        4,016,801  

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: August 27, 2015