---

`FEDERAL RESERVE statistical release
H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                              August 11, 2011
 
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 10, 2011
Federal Reserve Banks                                     Aug 10, 2011  Aug 3, 2011 Aug 11, 2010
 
Reserve Bank credit                                        2,854,724   +    5,199   +  545,712    2,856,360
  Securities held outright (1)                             2,653,620   +    4,535   +  599,110    2,654,462
    U.S. Treasury securities                               1,643,900   +    4,535   +  866,888    1,644,743
      Bills (2)                                               18,423            0            0       18,423
      Notes and bonds, nominal (2)                         1,550,470   +    4,398   +  838,450    1,550,943
      Notes and bonds, inflation-indexed (2)                  65,643   +      122   +   24,514       65,948
      Inflation compensation (3)                               9,365   +       16   +    3,924        9,429
    Federal agency debt securities (2)                       112,435            0   -   46,946      112,435
    Mortgage-backed securities (4)                           897,285            0   -  220,832      897,285
  Repurchase agreements (5)                                        0            0            0            0
  Loans                                                       11,919   -       43   -   50,455       11,913
    Primary credit                                                 6   -        4   -        8           10
    Secondary credit                                               0            0   -        1            0
    Seasonal credit                                               91   +       10   +       12           98
    Credit extended to American International
       Group, Inc., net (6)                                        0            0   -   23,512            0
    Term Asset-Backed Securities Loan Facility (7)            11,821   -       50   -   26,947       11,804
    Other credit extensions                                        0            0            0            0
  Net portfolio holdings of Commercial Paper
     Funding Facility LLC (8)                                      0            0   -        1            0
  Net portfolio holdings of Maiden Lane LLC (9)               20,820   -        1   -    8,634       20,822
  Net portfolio holdings of Maiden Lane II LLC (10)           10,063   -      116   -    5,895       10,064
  Net portfolio holdings of Maiden Lane III LLC (11)          21,527   +       59   -    1,704       21,622
  Net portfolio holdings of TALF LLC (12)                        767            0   +      227          767
  Preferred interests in AIA Aurora LLC and ALICO
     Holdings LLC (6)                                              0            0   -   25,733            0
  Float                                                       -1,135   -       50   +      626       -1,291
  Central bank liquidity swaps (13)                                0            0   -    1,246            0
  Other Federal Reserve assets (14)                          137,143   +      815   +   39,416      138,001
Gold stock                                                    11,041            0            0       11,041
Special drawing rights certificate account                     5,200            0            0        5,200
Treasury currency outstanding (15)                            44,050   +       14   +      734       44,050

Total factors supplying reserve funds                      2,915,014   +    5,213   +  546,445    2,916,650
 
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 10, 2011
Federal Reserve Banks                                     Aug 10, 2011  Aug 3, 2011 Aug 11, 2010
 
Currency in circulation (15)                               1,033,507   +    1,703   +   87,095    1,034,543
Reverse repurchase agreements (16)                            74,579   +    4,767   +   14,599       96,807
  Foreign official and international accounts                 74,579   +    4,767   +   14,831       96,807
  Others                                                           0            0   -      231            0
Treasury cash holdings                                           127   +       11   -       72          113
Deposits with F.R. Banks, other than reserve balances         87,618   -   26,155   -  155,779       89,622
  Term deposits held by depository institutions                5,088            0   +    2,969        5,088
  U.S. Treasury, general account                              23,425   -   33,486   -   12,688       14,599
  U.S. Treasury, supplementary financing account                   0            0   -  199,957            0
  Foreign official                                               484   +      351   -    1,598        2,625
  Service-related                                              2,490            0   +       33        2,490
    Required clearing balances                                 2,490            0   +       33        2,490
    Adjustments to compensate for float                            0            0            0            0
  Other                                                       56,130   +    6,979   +   55,461       64,820
Funds from American International Group, Inc. asset
   dispositions, held as agent (6)                                 0            0            0            0
Other liabilities and capital (17)                            69,769   +      432   -    3,632       70,003

Total factors, other than reserve balances,
   absorbing reserve funds                                 1,265,600   -   19,241   -   57,790    1,291,088

Reserve balances with Federal Reserve Banks                1,649,415   +   24,455   +  604,235    1,625,563
 
Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.
2. Face value of the securities.
3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed
   securities.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the
   remaining principal balance of the underlying mortgages.
5. Cash value of agreements.
6. As a result of the closing of the American International Group, Inc. (AIG) recapitalization plan on
   January 14, 2011, the credit extended to AIG was fully repaid and the Federal Reserve's commitment to lend
   any further funds was terminated. In addition, the Federal Reserve Bank of New York (FRBNY) has been paid
   in full for its preferred interests in AIA Aurora LLC and ALICO Holdings LLC. The funds from AIG asset
   dispositions that FRBNY held as agent were the source of repayment of the credit extended to AIG, as well
   as a portion of the FRBNY's preferred interests in ALICO Holdings LLC. The remaining FRBNY preferred
   interests in ALICO Holdings LLC and AIA Aurora LLC, valued at approximately $20 billion, were purchased by
   AIG through a draw on the Treasury's Series F preferred stock commitment and then transferred by AIG to
   the Treasury as consideration for the draw on the available Series F funds.
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 9.
10. Refer to table 5 and the note on consolidation accompanying table 9.
11. Refer to table 6 and the note on consolidation accompanying table 9.
12. Refer to table 7 and the note on consolidation accompanying table 9.
13. 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.
14. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange
    rates, and the fair value adjustment to credit extended by the FRBNY to eligible borrowers through the
    Term Asset-Backed Securities Loan Facility. Before the closing of the AIG recapitalization plan on
    January 14, 2011, included accrued dividends on the FRBNY's preferred interests in AIA Aurora LLC and
    ALICO Holdings LLC.
15. Estimated.
16. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt
    securities, and mortgage-backed securities.
17. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to
    entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only
    to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation
    accompanying table 9. Also includes the liability for interest on Federal Reserve notes due to U.S.
    Treasury. Refer to table 8 and table 9.

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.

 
1A. Memorandum Items
Millions of dollars
                                                                Averages of daily figures         Wednesday  
                                                           Week ended   Change from week ended   Aug 10, 2011
Memorandum item                                           Aug 10, 2011  Aug 3, 2011 Aug 11, 2010
 
Marketable securities held in custody for foreign
   official and international accounts (1)                 3,470,035   +    6,798   +  305,547    3,475,945
  U.S. Treasury securities                                 2,735,131   +    6,244   +  400,947    2,741,850
  Federal agency securities (2)                              734,904   +      555   -   95,400      734,095
Securities lent to dealers                                    19,009   -    4,392   +   15,417       14,619
  Overnight facility (3)                                      19,009   -    4,392   +   15,417       14,619
    U.S. Treasury securities                                  18,016   -    4,193   +   15,657       13,629
    Federal agency debt securities                               992   -      200   -      240          990
 
Note: Components may not sum to totals because of rounding.

1. Face value of the securities. Includes U.S. Treasury STRIPS and other zero-coupon bonds at face value and
   mortgage-backed securities at original face value.
2. Includes debt and mortgage-backed securities.
3. Fully collateralized by U.S. Treasury securities.

 
2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities,    August 10, 2011
Millions of dollars
                                       Within 15    16 days to   91 days to  Over 1 year  Over 5 years    Over 10        All     
Remaining maturity                        days       90 days       1 year     to 5 years   to 10 years     years    
 
Loans (1)                                     22           86        1,564       10,241            0           ...       11,913
U.S. Treasury securities (2)
  Holdings                                16,846       14,631      116,236      715,638      580,770       200,621    1,644,743
  Weekly changes                      +    2,157   -    2,157   -        2   +      522   +    3,312    -        8   +    3,824
Federal agency debt securities (3)
  Holdings                                 2,659        2,108       16,639       68,537       20,145         2,347      112,435
  Weekly changes                      +      884   -      884            0            0            0             0            0
Mortgage-backed securities (4)
  Holdings                                     0            0            0           16           23       897,246      897,285
  Weekly changes                               0            0            0            0   +        1    -        1            0
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)               0            0            0            0            0             0            0

Reverse repurchase agreements (6)         96,807            0          ...          ...          ...           ...       96,807
Term deposits                              5,088            0            0          ...          ...           ...        5,088
 
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                                                                                                           Aug 10, 2011 
 
Mortgage-backed securities held outright (1)                                                                             897,285

Commitments to buy mortgage-backed securities (2)                                                                              0
Commitments to sell mortgage-backed securities (2)                                                                             0

Cash and cash equivalents (3)                                                                                                  0
 
1. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal
   balance of the underlying mortgages.
2. Current face value. Generally settle within 180 days and include commitments associated with outright transactions, dollar rolls,
   and coupon swaps.
3. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 8 and table 9.

 
4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Aug 10, 2011 
 
Net portfolio holdings of Maiden Lane LLC (1)                                                                             20,822

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                 17,693
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         722
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)                              1,357
 
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, 2011. Any assets purchased after this valuation date are initially recorded at cost until their estimated fair
   value as of the purchase date becomes available.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent
   with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.
3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities
   and accrued dividends in table 8 and table 9.

Note: On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC under the authority of
section 13(3) of the Federal Reserve Act. This limited liability company was formed to acquire certain assets of Bear Stearns and to
manage those assets through time to maximize repayment of the credit extended and to minimize disruption to financial markets.
Payments by Maiden Lane LLC from the proceeds of the net portfolio holdings will be made in the following order: operating expenses
of the LLC, principal due to the FRBNY, interest due to the FRBNY, principal due to JPMorgan Chase & Co., and interest due to
JPMorgan Chase & Co. Any remaining funds will be paid to the FRBNY.

 
5. Information on Principal Accounts of Maiden Lane II LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Aug 10, 2011 
 
Net portfolio holdings of Maiden Lane II LLC (1)                                                                          10,064

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                  6,808
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         535
Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc. (3)                    1,092
 
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, 2011. Any assets purchased after this valuation date are initially recorded at cost until their estimated fair
   value as of the purchase date becomes available.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent
   with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.
3. Book value. The deferred payment represents the portion of the proceeds of the net portfolio holdings due to subsidiaries of
   American International Group, Inc. in accordance with the asset purchase agreement. The fair value of this payment and accrued
   interest payable are included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in table
   8 and table 9.

Note: On December 12, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane II LLC under the
authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase residential
mortgage-backed securities from the U.S. securities lending reinvestment portfolio of subsidiaries of American International Group,
Inc. (AIG subsidiaries). Payments by Maiden Lane II LLC from the proceeds of the net portfolio holdings will be made in the
following order: operating expenses of Maiden Lane II LLC, principal due to the FRBNY, interest due to the FRBNY, and deferred
payment and interest due to AIG subsidiaries. Any remaining funds will be shared by the FRBNY and AIG subsidiaries.

 
6. Information on Principal Accounts of Maiden Lane III LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Aug 10, 2011 
 
Net portfolio holdings of Maiden Lane III LLC (1)                                                                         21,622

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                 10,854
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         641
Outstanding principal amount and accrued interest on loan payable to American International Group, Inc. (3)                5,472
 
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, 2011. Any assets purchased after this valuation date are initially recorded at cost until their estimated fair
   value as of the purchase date becomes available.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent
   with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.
3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities
   and accrued dividends in table 8 and table 9.

Note: On November 25, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane III LLC under the
authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase multi-sector
collateralized debt obligations (CDOs) on which the Financial Products group of American International Group, Inc. (AIG) has written
credit default swap (CDS) contracts. In connection with the purchase of CDOs, the CDS counterparties will concurrently unwind the
related CDS transactions. Payments by Maiden Lane III LLC from the proceeds of the net portfolio holdings will be made in the
following order: operating expenses of Maiden Lane III LLC, principal due to the FRBNY, interest due to the FRBNY, principal due to
AIG, and interest due to AIG. Any remaining funds will be shared by the FRBNY and AIG.

 
7. Information on Principal Accounts of TALF LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Aug 10, 2011 
 
Asset-backed securities holdings (1)                                                                                           0
Other investments, net                                                                                                       767
Net portfolio holdings of TALF LLC                                                                                           767

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)                                        108
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
   be conducted in an orderly market on the measurement date.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent
   with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.
3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities
   and accrued dividends in table 8 and table 9.

Note: On November 25, 2008, the Federal Reserve announced the creation of the Term Asset-Backed Securities Loan Facility (TALF)
under the authority of section 13(3) of the Federal Reserve Act. The TALF is a facility under which the Federal Reserve Bank of New
York (FRBNY) extends loans with a term of up to five years to holders of eligible asset-backed securities. The TALF is intended to
assist financial markets in accommodating the credit needs of consumers and businesses by facilitating the issuance of asset-backed
securities collateralized by a variety of consumer and business loans. The loans provided through the TALF to eligible borrowers are
non-recourse, meaning that the obligation of the borrower can be discharged by surrendering the collateral to the FRBNY. The loans
are extended for the market value of the security less an amount known as a haircut. As a result, the borrower bears the initial
risk of a decline in the value of the security.

TALF LLC is a limited liability company formed to purchase and manage any asset-backed securities received by the FRBNY in
connection with the decision of a borrower not to repay a TALF loan. TALF LLC has committed, for a fee, to purchase all asset-backed
securities received by the FRBNY in conjunction with a TALF loan at a price equal to the TALF loan plus accrued but unpaid interest.
Losses on asset-backed securities held by TALF LLC will be offset in the following order: by the commitment fees collected by TALF
LLC, by the interest received on investments of TALF LLC, by up to $4.3 billion in subordinated debt funding provided by the U.S.
Treasury, and finally, by senior debt funding provided by the FRBNY. Payments by TALF LLC from the proceeds of its net portfolio
holdings will be made in the following order: operating expenses of TALF LLC, principal due to the FRBNY, principal due to the U.S.
Treasury, interest due to the FRBNY, and interest due to the U.S. Treasury. Any remaining funds will be shared by the FRBNY and the
U.S. Treasury.

 
8. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
                                                       Eliminations from  Wednesday         Change since       
                                                        consolidation   Aug 10, 2011   Wednesday    Wednesday  
Assets, liabilities, and capital                                                       Aug 3, 2011 Aug 11, 2010
 
Assets
  Gold certificate account                                                  11,037             0            0
  Special drawing rights certificate account                                 5,200             0            0
  Coin                                                                       2,189    +        3   +      124
  Securities, repurchase agreements, and loans                           2,666,375    +    3,772   +  548,301
    Securities held outright (1)                                         2,654,462    +    3,824   +  598,614
      U.S. Treasury securities                                           1,644,743    +    3,824   +  867,734
        Bills (2)                                                           18,423             0            0
        Notes and bonds, nominal (2)                                     1,550,943    +    3,317   +  838,923
        Notes and bonds, inflation-indexed (2)                              65,948    +      427   +   24,819
        Inflation compensation (3)                                           9,429    +       80   +    3,992
      Federal agency debt securities (2)                                   112,435             0   -   46,946
      Mortgage-backed securities (4)                                       897,285             0   -  222,174
    Repurchase agreements (5)                                                    0             0            0
    Loans                                                                   11,913    -       52   -   50,312
  Net portfolio holdings of Commercial Paper
     Funding Facility LLC (6)                                                    0             0   -        1
  Net portfolio holdings of Maiden Lane LLC (7)                             20,822    +        2   -    8,647
  Net portfolio holdings of Maiden Lane II LLC (8)                          10,064    +        1   -    5,897
  Net portfolio holdings of Maiden Lane III LLC (9)                         21,622    +      111   -    1,677
  Net portfolio holdings of TALF LLC (10)                                      767             0   +      227
  Preferred interests in AIA Aurora LLC and ALICO
     Holdings LLC (11)                                                           0             0   -   25,733
  Items in process of collection                            (120)              152    -      147   -       64
  Bank premises                                                              2,198    +        2   -       28
  Central bank liquidity swaps (12)                                              0             0   -    1,246
  Other assets (13)                                                        135,810    +    1,451   +   39,944

Total assets                                                (120)        2,876,236    +    5,195   +  545,304
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

 
8. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
                                                       Eliminations from  Wednesday         Change since       
                                                        consolidation   Aug 10, 2011   Wednesday    Wednesday  
Assets, liabilities, and capital                                                       Aug 3, 2011 Aug 11, 2010
 
Liabilities
  Federal Reserve notes, net of F.R. Bank holdings                         992,791    -      271   +   85,873
  Reverse repurchase agreements (14)                                        96,807    +   28,184   +   38,259
  Deposits                                                    (0)        1,715,192    -   23,279   +  425,574
    Term deposits held by depository institutions                            5,088             0   +    2,969
    Other deposits held by depository institutions                       1,628,060    -   19,807   +  569,830
    U.S. Treasury, general account                                          14,599    -   17,672   -   12,333
    U.S. Treasury, supplementary financing account                               0             0   -  199,957
    Foreign official                                                         2,625    +    2,500   +      612
    Other                                                     (0)           64,820    +   11,700   +   64,453
  Deferred availability cash items                          (120)            1,443    -      102   -      794
  Other liabilities and accrued dividends (15)                              18,237    +      659   +    1,088

Total liabilities                                           (120)        2,824,470    +    5,192   +  550,001

Capital accounts
  Capital paid in                                                           25,883    +        2   -      788
  Surplus                                                                   25,883    +        2   +       49
  Other capital accounts                                                         0             0   -    3,958

Total capital                                                               51,766    +        3   -    4,697
 
Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.
2. Face value of the securities.
3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed
   securities.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the
   remaining principal balance of the underlying mortgages.
5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
6. 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 9.
8. Refer to table 5 and the note on consolidation accompanying table 9.
9.  Refer to table 6 and the note on consolidation accompanying table 9.
10. Refer to table 7 and the note on consolidation accompanying table 9.
11. As a result of the closing of the AIG recapitalization plan on January 14, 2011, the Federal Reserve Bank
    of New York has been paid in full for its	preferred interests in AIA Aurora LLC and ALICO Holdings LLC. A
    portion of the preferred interests was redeemed by AIG with the funds from AIG asset dispositions that were
    held as agent by the Federal Reserve.
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
    and the fair value adjustment to credit extended by the Federal Reserve Bank of New York (FRBNY) to
    eligible borrowers through the Term Asset-Backed Securities Loan Facility. Before the closing of the AIG
    recapitalization plan on January 14, 2011, included accrued dividends on the FRBNY's preferred interests in
    AIA Aurora LLC and ALICO Holdings LLC.
14. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt
    securities, and mortgage-backed securities.
15. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to
    entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only to
    the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation
    accompanying table 9. Also includes the liability for interest on Federal Reserve notes due to U.S.
    Treasury. Before the closing of the AIG recapitalization plan on January 14, 2011, included funds from
    American International Group, Inc. asset dispositions, held as agent.


 
9. Statement of Condition of Each Federal Reserve Bank,    August 10, 2011
Millions of dollars
                                               Total      Boston     New York   Philadelphia Cleveland   Richmond     Atlanta     Chicago    St. Louis  Minneapolis   Kansas      Dallas        San    
Assets, liabilities, and capital                                                                                                                                       City                  Francisco 
 
Assets
  Gold certificate account                      11,037         390       3,866         432         450         872       1,394         854         319         197         318         728       1,217
  Special drawing rights certificate acct.       5,200         196       1,818         210         237         412         654         424         150          90         153         282         574
  Coin                                           2,189          51          69         165         163         361         195         329          41          60         167         228         361
  Securities, repurchase agreements,
     and loans                               2,666,375      65,264   1,246,243      90,931      71,703     306,563     197,350     157,648      50,273      40,830      70,624     104,984     263,962
    Securities held outright (1)             2,654,462      65,264   1,234,439      90,931      71,703     306,563     197,340     157,636      50,241      40,795      70,610     104,984     263,956
      U.S. Treasury securities               1,644,743      40,438     764,876      56,342      44,428     189,951     122,274      97,674      31,130      25,277      43,751      65,050     163,551
        Bills (2)                               18,423         453       8,567         631         498       2,128       1,370       1,094         349         283         490         729       1,832
        Notes and bonds (3)                  1,626,320      39,985     756,309      55,711      43,930     187,823     120,905      96,580      30,781      24,994      43,261      64,321     161,719
      Federal agency debt securities (2)       112,435       2,764      52,287       3,852       3,037      12,985       8,359       6,677       2,128       1,728       2,991       4,447      11,180
      Mortgage-backed securities (4)           897,285      22,061     417,276      30,737      24,238     103,627      66,706      53,286      16,983      13,790      23,868      35,488      89,225
    Repurchase agreements (5)                        0           0           0           0           0           0           0           0           0           0           0           0           0
    Loans                                       11,913           0      11,804           0           0           0          10          11          32          35          14           0           6
  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)                               20,822           0      20,822           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane II LLC (8)                            10,064           0      10,064           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane III LLC (9)                           21,622           0      21,622           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (10)          767           0         767           0           0           0           0           0           0           0           0           0           0
  Preferred interests in AIA Aurora LLC
     and ALICO Holdings LLC (11)                     0           0           0           0           0           0           0           0           0           0           0           0           0
  Items in process of collection                   272          25           0          49         103           5         -62          36           6          17          16          19          58
  Bank premises                                  2,198         123         255          67         137         235         214         206         135         106         261         247         211
  Central bank liquidity swaps (12)                  0           0           0           0           0           0           0           0           0           0           0           0           0
  Other assets (13)                            135,810       3,631      58,118       6,485       4,960      18,193       9,658       7,121       2,288       2,540       3,136       4,719      14,962
  Interdistrict settlement account                   0   -   2,325   + 210,570   +  10,573   +  10,845   - 117,775   -  33,117   -   6,788   -   8,485   -  19,077   -  18,405   -   1,920   -  24,096

Total assets                                 2,876,356      67,355   1,574,214     108,912      88,596     208,866     176,287     159,831      44,725      24,763      56,271     109,287     257,249
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

 
9. Statement of Condition of Each Federal Reserve Bank,    August 10, 2011 (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          1,152,623      43,350     384,647      46,735      55,197      95,730     141,001      90,960      34,103      19,360      32,073      75,104     134,363
    Less: Notes held by F.R. Banks             159,832       5,294      42,500       6,250       7,329      12,515      23,815      13,145       4,368       5,591       3,301      10,879      24,844
      Federal Reserve notes, net               992,791      38,056     342,147      40,485      47,868      83,215     117,186      77,815      29,734      13,768      28,772      64,225     109,519
  Reverse repurchase agreements (14)            96,807       2,380      45,019       3,316       2,615      11,180       7,197       5,749       1,832       1,488       2,575       3,829       9,626
  Deposits                                   1,715,192      24,752   1,157,823      59,856      33,623     102,368      48,290      74,167      12,447       8,820      24,091      40,031     128,924
    Term deposits held by depository
       institutions                              5,088          20       1,485         805           0       1,765           0          22          75          40           6          30         840
    Other deposits held by depository
       institutions                          1,628,060      24,727   1,074,546      59,047      33,619     100,451      48,287      74,121      12,326       8,779      24,084      40,000     128,074
    U.S. Treasury, general account              14,599           0      14,599           0           0           0           0           0           0           0           0           0           0
    U.S. Treasury, supplementary
       financing account                             0           0           0           0           0           0           0           0           0           0           0           0           0
    Foreign official                             2,625           1       2,596           4           3           8           2           1           0           1           0           1           6
    Other                                       64,820           4      64,597           0           1         143           0          23          46           0           1           0           4
  Deferred availability cash items               1,563          87           0         233         224          52          82         115          53         299          89          72         257
  Interest on Federal Reserve notes due
     to U.S. Treasury (15)                         536          36        -204          43          33         163         101          88          26          19          39          57         134
  Other liabilities and accrued
     dividends (16)                             17,701         200      13,907         271         270         769         481         414         183         148         185         291         581

Total liabilities                            2,824,590      65,511   1,558,693     104,204      84,633     197,747     173,337     158,348      44,275      24,543      55,752     108,505     249,042

Capital
  Capital paid in                               25,883         922       7,760       2,354       1,982       5,560       1,475         742         225         110         260         391       4,103
  Surplus                                       25,883         922       7,760       2,354       1,982       5,560       1,475         742         225         110         260         391       4,103
  Other capital                                      0           0           0           0           0           0           0           0           0           0           0           0           0

Total liabilities and capital                2,876,356      67,355   1,574,214     108,912      88,596     208,866     176,287     159,831      44,725      24,763      56,271     109,287     257,249
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

9. Statement of Condition of Each Federal Reserve Bank,    August 10, 2011 (continued)
1. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.
2. Face value of the securities.
3. Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such securities.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the underlying mortgages.
5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
6. 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. As a result of the closing of the AIG recapitalization plan on January 14, 2011, the Federal Reserve Bank of New York has been paid in full for its preferred interests in AIA Aurora LLC and ALICO
    Holdings LLC. A portion of the preferred interests was redeemed by AIG with the funds from AIG asset dispositions that were held as agent by the Federal Reserve.
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 and the fair value adjustment to credit extended by the Federal Reserve Bank of New York
    (FRBNY) to eligible	borrowers through the Term Asset-Backed Securities Loan Facility. Before the closing of the AIG recapitalization plan on January 14, 2011, included accrued dividends on the
    FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC.
14. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.
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.
16. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to entities other than the Federal Reserve Bank of New York, including liabilities that have
    recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation below. Before the closing of the AIG recapitalization plan on January 14,
    2011, included funds from American International Group, Inc. asset dispositions, held as agent.


Note on consolidation:

The Federal Reserve Bank of New York (FRBNY) has extended loans to several limited liability companies under the authority of section 13(3) of the Federal Reserve Act. On June 26, 2008, a loan was
extended to Maiden Lane LLC, which was formed to acquire certain assets of Bear Stearns. On November 25, 2008, a loan was extended to Maiden Lane III LLC, which was formed to purchase multi-sector
collateralized debt obligations on which the Financial Products group of the American International Group, Inc. has written credit default swap contracts. On December 12, 2008, a loan was extended to
Maiden Lane II LLC, which was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment portfolio of subsidiaries of American International Group, Inc.
On November 25, 2008, the Federal Reserve Board authorized the FRBNY to extend credit to TALF LLC, which was formed to purchase and manage any asset-backed securities received by the FRBNY in
connection with the decision of a borrower not to repay a loan extended under the Term Asset-Backed Securities Loan Facility.

The FRBNY is the primary beneficiary of TALF LLC, because of the two beneficiaries of the LLC, the FRBNY and the U.S. Treasury, the FRBNY is primarily responsible for directing the financial
activities of TALF LLC. The FRBNY is the primary beneficiary of the other LLCs cited above because it will receive a majority of any residual returns of the LLCs and absorb a majority of any residual
losses of the LLCs. Consistent with generally accepted accounting principles, the assets and liabilities of these LLCs have been consolidated with the assets and liabilities of the FRBNY in the
preparation of the statements of condition shown on this release. As a consequence of the consolidation, the extensions of credit from the FRBNY to the LLCs are eliminated, the net assets of the LLCs
appear as assets on the previous page (and in table 1 and table 8), and the liabilities of the LLCs to entities other than the FRBNY, including those with recourse only to the portfolio holdings of
the LLCs, are included in other liabilities in this table (and table 1 and table 8).

 
10. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
                                                                                            Wednesday   
Federal Reserve notes and collateral                                                       Aug 10, 2011 
 
Federal Reserve notes outstanding                                                          1,152,623
  Less: Notes held by F.R. Banks not subject to collateralization                            159,832
    Federal Reserve notes to be collateralized                                               992,791
Collateral held against Federal Reserve notes                                                992,791
  Gold certificate account                                                                    11,037
  Special drawing rights certificate account                                                   5,200
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   976,554
  Other assets pledged                                                                             0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                     2,654,462
  Less: Face value of securities under reverse repurchase agreements                          83,929
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged      2,570,533
 
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 11, 2011