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`FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                                    June 18, 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  Jun 17, 2015 
Federal Reserve Banks                                     Jun 17, 2015 Jun 10, 2015 Jun 18, 2014              

Reserve Bank credit                                         4,451,663   +   23,065   +  129,241    4,449,576  
  Securities held outright (1)                              4,239,695   +   20,581   +  139,206    4,237,629  
    U.S. Treasury securities                                2,460,837   +       54   +   72,320    2,460,857  
      Bills (2)                                                     0            0            0            0  
      Notes and bonds, nominal (2)                          2,346,642   -        1   +   70,374    2,346,642  
      Notes and bonds, inflation-indexed (2)                   98,534            0   +    1,863       98,534  
      Inflation compensation (3)                               15,661   +       55   +       83       15,681  
    Federal agency debt securities (2)                         35,895            0   -    8,127       35,895  
    Mortgage-backed securities (4)                          1,742,963   +   20,527   +   75,012    1,740,877  
  Unamortized premiums on securities held outright (5)        199,333   +      257   -   10,499      199,138  
  Unamortized discounts on securities held outright (5)       -17,597   +       34   +      714      -17,582  
  Repurchase agreements (6)                                         0            0            0            0  
  Loans                                                           149   +       26   -       18          193  
    Primary credit                                                 14   +        8   -        4           54  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                               135   +       19   +       35          139  
    Term Asset-Backed Securities Loan Facility (7)                  0            0   -       50            0  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (8)                 1,696   -        3   +       42        1,696  
  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   -       90            0  
  Float                                                          -359   +       31   +      257         -277  
  Central bank liquidity swaps (11)                               114   +      114   -       62          114  
  Other Federal Reserve assets (12)                            28,633   +    2,026   -      224       28,664  
Foreign currency denominated assets (13)                       19,859   +      140   -    4,023       19,794  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (14)                             46,825   +       14   +      897       46,825  
                                                                                                              
Total factors supplying reserve funds                       4,534,589   +   23,220   +  126,116    4,532,437  

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  Jun 17, 2015 
Federal Reserve Banks                                     Jun 17, 2015 Jun 10, 2015 Jun 18, 2014              

Currency in circulation (14)                                 1,364,956   -    1,777   +   86,092    1,365,214 
Reverse repurchase agreements (15)                             246,865   +   15,666   +   70,709      261,449 
  Foreign official and international accounts                  151,809   +    4,490   +   47,403      150,741 
  Others                                                        95,056   +   11,176   +   23,306      110,708 
Treasury cash holdings                                             134   -       60   -       44          135 
Deposits with F.R. Banks, other than reserve balances          233,999   +   41,851   +   49,739      264,749 
  Term deposits held by depository institutions                      0            0   -   77,769            0 
  U.S. Treasury, General Account                               207,648   +   29,180   +  123,173      251,369 
  Foreign official                                               5,246   +        5   -      705        5,242 
  Other (16)                                                    21,105   +   12,666   +    5,041        8,138 
Other liabilities and capital (17)                              67,331   +      517   +    2,241       65,383 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  1,913,285   +   56,197   +  208,737    1,956,930 
                                                                                                              
Reserve balances with Federal Reserve Banks                  2,621,304   -   32,977   -   82,621    2,575,506 

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  Jun 17, 2015 
                                                          Jun 17, 2015 Jun 10, 2015 Jun 18, 2014              

Securities held in custody for foreign official and       
     international accounts                                  3,364,963   +    8,165   +   58,546    3,365,402 
  Marketable U.S. Treasury securities (1)                    3,022,422   -    2,800   +   50,206    3,023,634 
  Federal agency debt and mortgage-backed securities (2)       298,265   +   10,750   +    5,620      297,202 
  Other securities (3)                                          44,275   +      214   +    2,719       44,566 
Securities lent to dealers                                      11,143   +    1,011   -    1,547       10,873 
  Overnight facility (4)                                        11,143   +    1,011   -    1,547       10,873 
    U.S. Treasury securities                                    10,974   +    1,044   -      677       10,734 
    Federal agency debt securities                                 169   -       33   -      871          139 

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, June 17, 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                                          169            24             0             0             0           ...           193 
U.S. Treasury securities (1)                                                                                                           
  Holdings                                       1         1,288       129,567     1,098,756       586,965       644,280     2,460,857 
  Weekly changes                        +        1    -        1             0    +        8    +       11    +       36    +       54 
Federal agency debt securities (2)                                                                                                     
  Holdings                                       0           802         9,997        22,749             0         2,347        35,895 
  Weekly changes                                 0             0             0             0             0             0             0 
Mortgage-backed securities (3)                                                                                                         
  Holdings                                       0             0             0            36         9,484     1,731,357     1,740,877 
  Weekly changes                                 0             0             0             0    -       25    +   18,465    +   18,440 
Repurchase agreements (4)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (5)               114             0             0             0             0             0           114 
                                                                                                                                       
Reverse repurchase agreements (4)          261,449             0           ...           ...           ...           ...       261,449 
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   
                                                                                                                      Jun 17, 2015  

Mortgage-backed securities held outright (1)                                                                             1,740,877  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                           32,448  
Commitments to sell mortgage-backed securities (2)                                                                               0  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                   66  



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   
                                                                                                                      Jun 17, 2015  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,696  
                                                                                                                                    
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 March 31, 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       Jun 17, 2015   Wednesday    Wednesday  
                                                        consolidation                Jun 10, 2015 Jun 18, 2014 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,844   +       15   -       52  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     4,419,378   +   18,779   +  124,231  
    Securities held outright (1)                                          4,237,629   +   18,494   +  134,107  
      U.S. Treasury securities                                            2,460,857   +       54   +   69,380  
        Bills (2)                                                                 0            0            0  
        Notes and bonds, nominal (2)                                      2,346,642   -        1   +   67,564  
        Notes and bonds, inflation-indexed (2)                               98,534            0   +    1,763  
        Inflation compensation (3)                                           15,681   +       55   +       53  
      Federal agency debt securities (2)                                     35,895            0   -    7,764  
      Mortgage-backed securities (4)                                      1,740,877   +   18,440   +   72,491  
    Unamortized premiums on securities held outright  
    (5)                                                                     199,138   +      186   -   10,663  
    Unamortized discounts on securities held outright 
    (5)                                                                     -17,582   +       38   +      761  
    Repurchase agreements (6)                                                     0            0            0  
    Loans                                                                       193   +       61   +       25  
  Net portfolio holdings of Maiden Lane LLC (7)                               1,696            0   +       42  
  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   -       90  
  Items in process of collection                                   (0)           89   +        7   -       17  
  Bank premises                                                               2,243   +        3   -       20  
  Central bank liquidity swaps (10)                                             114   +      114   -       62  
  Foreign currency denominated assets (11)                                   19,794   -      162   -    4,100  
  Other assets (12)                                                          26,422   +    1,055   -      199  
                                                                                                               
Total assets                                                       (0)    4,487,817   +   19,812   +  119,649  

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       Jun 17, 2015   Wednesday    Wednesday  
                                                        consolidation                Jun 10, 2015 Jun 18, 2014 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,320,363   -    1,690   +   84,591 
  Reverse repurchase agreements (13)                                         261,449   +   35,250   +   70,024 
  Deposits                                                          (0)    2,840,256   -   13,275   -   36,652 
    Term deposits held by depository institutions                                  0            0   -   77,769 
    Other deposits held by depository institutions                         2,575,506   -   86,155   -   62,079 
    U.S. Treasury, General Account                                           251,369   +   78,451   +  103,750 
    Foreign official                                                           5,242   +        1   -      709 
    Other (14)                                                      (0)        8,138   -    5,573   +      154 
  Deferred availability cash items                                  (0)          366   -      178   -      361 
  Other liabilities and accrued dividends (15)                                 7,111   -      316   +       87 
                                                                                                               
Total liabilities                                                   (0)    4,429,545   +   19,791   +  117,689 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             29,136   +       11   +      980 
  Surplus                                                                     29,136   +       11   +      980 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 58,272   +       21   +    1,960 

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, June 17, 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                                             1,844          31          60          127         127         295         202         272          26          47         148         196         313
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans                                 4,419,378     112,027   2,652,890      109,912     106,248     240,022     248,874     164,204      46,106      26,947      57,416     142,411     512,321
    Securities held outright (1)               4,237,629     107,422   2,543,900      105,397     101,883     230,161     238,630     157,447      44,192      25,772      55,049     136,508     491,270
      U.S. Treasury securities                 2,460,857      62,381   1,477,282       61,206      59,165     133,658     138,576      91,432      25,663      14,966      31,968      79,272     285,288
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    2,460,857      62,381   1,477,282       61,206      59,165     133,658     138,576      91,432      25,663      14,966      31,968      79,272     285,288
      Federal agency debt securities (2)          35,895         910      21,548          893         863       1,950       2,021       1,334         374         218         466       1,156       4,161
      Mortgage-backed securities (4)           1,740,877      44,130   1,045,069       43,298      41,855      94,553      98,032      64,681      18,155      10,587      22,615      56,079     201,821
    Unamortized premiums on securities held 
      outright (5)                               199,138       5,048     119,545        4,953       4,788      10,816      11,214       7,399       2,077       1,211       2,587       6,415      23,086
    Unamortized discounts on securities     
      held outright (5)                          -17,582        -446     -10,555         -437        -423        -955        -990        -653        -183        -107        -228        -566      -2,038
    Repurchase agreements (6)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                            193           3           0            0           0           0          21          12          21          71           8          55           3
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (7)                                  1,696           0       1,696            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                      89           0           0            0           0           0          89           0           0           0           0           0           0
  Bank premises                                    2,243         125         436           73         108         216         209         203         119          94         239         221         197
  Central bank liquidity swaps (10)                  114           5          37            6           9          26           6           3           1           0           1           2          17
  Foreign currency denominated                                                                                                                                                                           
     assets (11)                                  19,794         897       6,382        1,106       1,543       4,542       1,126         532         184          83         208         285       2,906
  Other assets (12)                               26,422         702      15,280          664         643       1,599       1,494         988         496         190         377         933       3,056
  Interdistrict settlement account                     0  +    6,897  -   54,422   +   10,863  +   23,859  +    8,013  -   12,418  +    8,972  +    3,999  +    3,858  +    2,658  +   10,086  -   12,365
                                                                                                                                                                                                         
Total assets                                   4,487,817     121,229   2,627,886      123,302     133,279     255,907     241,837     176,332      51,381      31,481      61,488     155,305     508,389

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, June 17, 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            1,505,690      49,753     487,195      50,788      79,717     104,214     207,798     105,847      46,104      26,440      41,691     119,419     186,723
    Less: Notes held by F.R. Banks               185,326       5,768      64,215       5,587       9,710      12,486      23,502      11,371       5,060       2,735       4,832      14,250      25,810
      Federal Reserve notes, net               1,320,363      43,984     422,980      45,201      70,007      91,728     184,297      94,476      41,044      23,705      36,860     105,169     160,913
  Reverse repurchase agreements (13)             261,449       6,628     156,951       6,503       6,286      14,200      14,723       9,714       2,727       1,590       3,396       8,422      30,310
  Deposits                                     2,840,256      67,793   2,025,448      67,984      52,219     136,133      38,820      70,224       6,888       5,667      20,477      40,598     308,005
    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                           2,575,506      67,783   1,760,916      67,982      52,216     135,992      38,811      70,221       6,851       5,667      20,476      40,595     307,997
    U.S. Treasury, General Account               251,369           0     251,369           0           0           0           0           0           0           0           0           0           0
    Foreign official                               5,242           2       5,215           2           3           9           2           1           0           0           0           1           6
    Other (14)                                     8,138           7       7,948           0           0         132           7           2          36           0           1           3           2
  Deferred availability cash items                   366           0           0           0           0           0         247           0           0         119           0           0           0
  Interest on Federal Reserve notes due     
     to U.S. Treasury (15)                         1,785          40       1,128          38          32          62         104          67          20          12          21          62         202
  Other liabilities and accrued             
     dividends                                     5,326         182       2,339         228         249         638         364         272         139         135         126         195         460
                                                                                                                                                                                                        
Total liabilities                              4,429,545     118,626   2,608,845     119,953     128,793     242,761     238,554     174,753      50,817      31,228      60,880     154,446     499,890
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 29,136       1,302       9,520       1,675       2,243       6,573       1,641         790         282         127         304         430       4,250
  Surplus                                         29,136       1,302       9,520       1,675       2,243       6,573       1,641         790         282         127         304         430       4,250
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  4,487,817     121,229   2,627,886     123,302     133,279     255,907     241,837     176,332      51,381      31,481      61,488     155,305     508,389

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, June 17, 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   
                                                                                          Jun 17, 2015  

Federal Reserve notes outstanding                                                            1,505,690  
  Less: Notes held by F.R. Banks not subject to collateralization                              185,326  
    Federal Reserve notes to be collateralized                                               1,320,363  
Collateral held against Federal Reserve notes                                                1,320,363  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,304,127  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       4,237,629  
  Less: Face value of securities under reverse repurchase agreements                           251,996  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        3,985,633  

Note: Components may not sum to totals because of rounding.


1.  Includes face value of U.S. Treasury, agency debt, and mortgage-backed securities held outright,        
    compensation to adjust for the effect of inflation on the original face value of inflation-indexed  
    securities, and cash value of repurchase agreements.                                                
2.  Includes securities lent to dealers under the overnight securities lending facility; refer to table     
    1A.`

Statistical releases

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