---

`For release at
4:30 P.M. EDT
November 4, 2010

The Board's H.4.1 statistical release, "Factors Affecting Reserve Balances of Depository Institutions
and Condition Statement of Federal Reserve Banks," has been modified to report the funds held as
agent by the Federal Reserve Bank of New York (FRBNY) related to the recapitalization plan
announced by American International Group, Inc. (AIG) on September 30, 2010.  The
recapitalization plan, which is expected to close by the end of the first quarter of 2011, is designed to
restructure and facilitate repayment of the financial support provided to AIG by the U.S.
Department of the Treasury and the FRBNY.  Pending the closing of the recapitalization plan, the
cash proceeds from certain AIG asset dispositions will be held by the FRBNY as agent.

At the closing of the recapitalization plan, the cash proceeds from certain asset dispositions, most
notably the initial public offering of AIA Group Limited (AIA) and the sale of American Life
Insurance Company (ALICO), will be used first to repay in full the credit extended to AIG by the
FRBNY under the revolving credit facility (AIG loan) and then to retire a portion of the FRBNY's
preferred interests in AIA Aurora LLC and ALICO Holdings LLC (preferred interests) taken earlier
by the FRBNY in satisfaction of a portion of the AIG loan.  Alternatively, if the recapitalization plan
is terminated under the terms of the plan, then the proceeds from the initial public offering of AIA
and the sale of ALICO will be used to redeem the preferred interests in accordance with the AIA
Aurora LLC and ALICO Holdings LLC limited liability company agreements, and any excess
proceeds from these transactions, as well as proceeds from the disposition of other assets, will be
used to repay the AIG loan.

The FRBNY began to hold as agent funds from the cash proceeds from the initial public offering of
AIA on October 29, 2010, and from the cash proceeds from the sale of ALICO on November 1,
2010.

The funds held by the FRBNY as agent from the disposition of the AIG assets are reported in table
1 and are included in "Other liabilities and accrued dividends" in table 9 and in table 10.

FEDERAL RESERVE statistical release
H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                             November 4, 2010
 
1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and                         Averages of daily figures         Wednesday  
reserve balances of depository institutions at             Week ended   Change from week ended    Nov 3, 2010
Federal Reserve Banks                                      Nov 3, 2010 Oct 27, 2010  Nov 4, 2009
 
Reserve Bank credit                                        2,280,752   -    1,986   +  131,857    2,282,538
  Securities held outright (1)                             2,040,709   -    3,192   +  343,065    2,042,727
    U.S. Treasury securities                                 839,990   +    5,713   +   63,758      842,008
      Bills (2)                                               18,423            0            0       18,423
      Notes and bonds, nominal (2)                           772,975   +    5,700   +   65,603      774,990
      Notes and bonds, inflation-indexed (2)                  42,978            0   -    1,665       42,978
      Inflation compensation (3)                               5,614   +       14   -      180        5,617
    Federal agency debt securities (2)                       149,681   -      498   +    2,722      149,681
    Mortgage-backed securities (4)                         1,051,037   -    8,408   +  276,583    1,051,037
  Repurchase agreements (5)                                        0            0            0            0
  Term auction credit                                              0            0   -  139,245            0
  Other loans                                                 47,154   -      690   -   63,454       47,172
    Primary credit                                                64   +       40   -   22,546           31
    Secondary credit                                               0            0   -      197            0
    Seasonal credit                                               23   -        9   -       37           20
    Asset-Backed Commercial Paper Money Market
       Mutual Fund Liquidity Facility                              0            0            0            0
    Credit extended to American International
       Group, Inc., net (6)                                   19,197   -       76   -   25,411       19,530
    Term Asset-Backed Securities Loan Facility (7)            27,871   -      645   -   15,261       27,592
    Other credit extensions                                        0            0            0            0
  Net portfolio holdings of Commercial Paper
     Funding Facility LLC (8)                                      0            0   -   15,647            0
  Net portfolio holdings of Maiden Lane LLC (9)               28,486   +      516   +    2,197       28,509
  Net portfolio holdings of Maiden Lane II LLC (10)           16,475   +      679   +      467       16,477
  Net portfolio holdings of Maiden Lane III LLC (11)          23,545   +      603   +      365       23,596
  Net portfolio holdings of TALF LLC (12)                        622            0   +      622          622
  Preferred interests in AIA Aurora LLC and ALICO
     Holdings LLC (13)                                        26,057            0   +   26,057       26,057
  Float                                                       -1,667   -      145   +      194       -2,171
  Central bank liquidity swaps (14)                               60            0   -   31,824           60
  Other Federal Reserve assets (15)                           99,311   +      244   +    9,061       99,490
Gold stock                                                    11,041            0            0       11,041
Special drawing rights certificate account                     5,200            0            0        5,200
Treasury currency outstanding (16)                            43,448   +       14   +      841       43,448

Total factors supplying reserve funds                      2,340,440   -    1,973   +  132,697    2,342,226
 
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    Nov 3, 2010
Federal Reserve Banks                                      Nov 3, 2010 Oct 27, 2010  Nov 4, 2009
 
Currency in circulation (16)                                 964,752   +    3,385   +   49,677      968,841
Reverse repurchase agreements (17)                            57,394   +      505   -    7,450       54,591
  Foreign official and international accounts                 57,394   +    2,118   -    7,450       54,591
  Others                                                           0   -    1,613            0            0
Treasury cash holdings                                           186   -       35   -       70          176
Deposits with F.R. Banks, other than reserve balances        244,958   -    3,372   +  166,739      246,603
  Term deposits held by depository institutions                5,113            0   +    5,113        5,113
  U.S. Treasury, general account                              34,276   -    3,643   -   15,235       36,018
  U.S. Treasury, supplementary financing account             199,960   -        1   +  184,961      199,960
  Foreign official                                             2,515   +      337   +       94        2,676
  Service-related                                              2,396            0   -      837        2,396
    Required clearing balances                                 2,396            0   -      837        2,396
    Adjustments to compensate for float                            0            0            0            0
  Other                                                          697   -       65   -    7,357          440
Funds from American International Group, Inc. asset
   dispositions, held as agent (18)                            6,895   +    6,895   +    6,895       18,850
Other liabilities and capital (19)                            74,009   +    1,593   +    9,314       72,808

Total factors, other than reserve balances,
   absorbing reserve funds                                 1,348,193   +    8,969   +  225,105    1,361,871

Reserve balances with Federal Reserve Banks                  992,247   -   10,942   -   92,408      980,356
 
Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight and term securities lending facilities; refer to
   table 1A.
2. Face value of the securities.
3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed
   securities.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the
   remaining principal balance of the underlying mortgages.
5. Cash value of agreements.
6. Includes outstanding principal and capitalized interest net of unamortized deferred commitment fees and
   allowance for loan restructuring. Excludes credit extended to consolidated LLCs.
7. Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the Term
   Asset-Backed Securities Loan Facility.
8. Includes the book value of the commercial paper, net of amortized costs and related fees, and other
   investments held by the Commercial Paper Funding Facility LLC.
9.  Refer to table 4 and the note on consolidation accompanying table 10.
10. Refer to table 5 and the note on consolidation accompanying table 10.
11. Refer to table 6 and the note on consolidation accompanying table 10.
12. Refer to table 7 and the note on consolidation accompanying table 10.
13. Refer to table 8.
14. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when
    the foreign currency is returned to the foreign central bank. This exchange rate equals the market
    exchange rate used when the foreign currency was acquired from the foreign central bank.
15. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange
    rates, accrued dividends on the Federal Reserve Bank of New York's (FRBNY) preferred interests in AIA
    Aurora LLC and ALICO Holdings LLC, and the fair value adjustment to credit extended by the FRBNY to
    eligible borrowers through the Term Asset-Backed Securities Loan Facility.
16. Estimated.
17. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt
    securities, and mortgage-backed securities.
18. Pending the closing of the recapitalization plan announced by American International Group, Inc. (AIG) on
    September 30, 2010, the cash proceeds from the disposition of certain AIG assets will be held by the
    FRBNY as agent. At the closing of the recapitalization plan, the proceeds will be used first to repay in
    full the credit extended to AIG by the FRBNY under the revolving credit facility and then to retire a
    portion of the FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC (preferred
    interests). Alternatively, if the recapitalization plan is terminated under the terms of the plan, then
    the proceeds from the initial public offering of AIA and the sale of ALICO will be used to redeem the
    preferred interests in accordance with the AIA Aurora LLC	and ALICO Holdings LLC limited liability
    company agreements, and any excess proceeds from these transactions, as well as proceeds from the
    disposition of other assets, will be used to repay the credit extended to AIG under the revolving credit
    facility.
19. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to
    entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only
    to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation
    accompanying table 10.

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.

 
1A. Memorandum Items
Millions of dollars
                                                                Averages of daily figures         Wednesday  
                                                           Week ended   Change from week ended    Nov 3, 2010
Memorandum item                                            Nov 3, 2010 Oct 27, 2010  Nov 4, 2009
 
Marketable securities held in custody for foreign
   official and international accounts (1)                 3,315,695   +   21,622   +  405,863    3,325,020
  U.S. Treasury securities                                 2,583,896   +   21,719   +  434,957    2,590,915
  Federal agency securities (2)                              731,799   -       97   -   29,093      734,105
Securities lent to dealers                                     4,789   -      663   -    1,644        3,758
  Overnight facility (3)                                       4,789   -      663   -    1,644        3,758
    U.S. Treasury securities                                   3,727   -      561   -    1,626        2,761
    Federal agency debt securities                             1,062   -      102   -       18          997
  Term facility (4)                                                0            0            0            0
 
Note: Components may not sum to totals because of rounding.

1. Face value of the securities. Includes U.S. Treasury STRIPS 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.
4. U.S. Treasury securities only. Fully collateralized by U.S. Treasury securities, federal agency
   securities, and other highly rated debt securities.

 
2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities,   November 3, 2010
Millions of dollars
                                       Within 15    16 days to   91 days to  Over 1 year  Over 5 years    Over 10        All     
Remaining maturity                        days       90 days       1 year     to 5 years   to 10 years     years    
 
Other loans (1)                               34           16            0       47,122            0           ...       47,172
U.S. Treasury securities (2)
  Holdings                                16,840       17,280       50,651      364,061      247,169       146,008      842,008
  Weekly changes                      +    4,744   -    4,541   +    1,799   +    1,556   +      598    +        5   +    4,160
Federal agency debt securities (3)
  Holdings                                   687        4,370       36,956       73,522       31,799         2,347      149,681
  Weekly changes                      +      687   -      687            0            0            0             0            0
Mortgage-backed securities (4)
  Holdings                                     0            0            0           27           21     1,050,990    1,051,037
  Weekly changes                               0            0            0            0            0             0            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)              60            0            0            0            0             0           60

Reverse repurchase agreements (6)         54,591            0          ...          ...          ...           ...       54,591
Term deposits                              5,113            0            0          ...          ...           ...        5,113
 
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                                                                                                            Nov 3, 2010 
 
Mortgage-backed securities held outright (1)                                                                           1,051,037

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 9 and table 10.

 
4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                            Nov 3, 2010 
 
Net portfolio holdings of Maiden Lane LLC (1)                                                                             28,509

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                 26,973
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         586
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)                              1,304
 
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
   September 30, 2010. Any assets purchased after this valuation date are initially recorded at cost until their estimated fair
   value as of the purchase date becomes available.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent
   with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 10.
3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities
   and accrued dividends in table 9 and table 10.

Note: On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC under the authority of
section 13(3) of the Federal Reserve Act. This limited liability company was formed to acquire certain assets of Bear Stearns and to
manage those assets through time to maximize repayment of the credit extended and to minimize disruption to financial markets.
Payments by Maiden Lane LLC from the proceeds of the net portfolio holdings will be made in the following order: operating expenses
of the LLC, principal due to the FRBNY, interest due to the FRBNY, principal due to JPMorgan Chase & Co., and interest due to
JPMorgan Chase & Co. Any remaining funds will be paid to the FRBNY.

 
5. Information on Principal Accounts of Maiden Lane II LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                            Nov 3, 2010 
 
Net portfolio holdings of Maiden Lane II LLC (1)                                                                          16,477

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                 13,452
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         424
Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc. (3)                    1,066
 
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
   September 30, 2010. Any assets purchased after this valuation date are initially recorded at cost until their estimated fair
   value as of the purchase date becomes available.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent
   with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 10.
3. Book value. The deferred payment represents the portion of the proceeds of the net portfolio holdings due to subsidiaries of
   American International Group, Inc. in accordance with the asset purchase agreement. The fair value of this payment and accrued
   interest payable are included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in table
   9 and table 10.

Note: On December 12, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane II LLC under the
authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase residential
mortgage-backed securities from the U.S. securities lending reinvestment portfolio of subsidiaries of American International Group,
Inc. (AIG subsidiaries). Payments by Maiden Lane II LLC from the proceeds of the net portfolio holdings will be made in the
following order: operating expenses of Maiden Lane II LLC, principal due to the FRBNY, interest due to the FRBNY, and deferred
payment and interest due to AIG subsidiaries. Any remaining funds will be shared by the FRBNY and AIG subsidiaries.

 
6. Information on Principal Accounts of Maiden Lane III LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                            Nov 3, 2010 
 
Net portfolio holdings of Maiden Lane III LLC (1)                                                                         23,596

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                 14,290
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         517
Outstanding principal amount and accrued interest on loan payable to American International Group, Inc. (3)                5,338
 
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
   September 30, 2010. Any assets purchased after this valuation date are initially recorded at cost until their estimated fair
   value as of the purchase date becomes available.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent
   with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 10.
3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities
   and accrued dividends in table 9 and table 10.

Note: On November 25, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane III LLC under the
authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase multi-sector
collateralized debt obligations (CDOs) on which the Financial Products group of American International Group, Inc. (AIG) has written
credit default swap (CDS) contracts. In connection with the purchase of CDOs, the CDS counterparties will concurrently unwind the
related CDS transactions. Payments by Maiden Lane III LLC from the proceeds of the net portfolio holdings will be made in the
following order: operating expenses of Maiden Lane III LLC, principal due to the FRBNY, interest due to the FRBNY, principal due to
AIG, and interest due to AIG. Any remaining funds will be shared by the FRBNY and AIG.

 
7. Information on Principal Accounts of TALF LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                            Nov 3, 2010 
 
Asset-backed securities holdings (1)                                                                                           0
Other investments, net                                                                                                       622
Net portfolio holdings of TALF LLC                                                                                           622

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                      0
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                           0
Funding provided by U.S. Treasury to TALF LLC, including accrued interest payable (3)                                        105
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
   be conducted in an orderly market on the measurement date.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent
   with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 10.
3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities
   and accrued dividends in table 9 and table 10.

Note: On November 25, 2008, the Federal Reserve announced the creation of the Term Asset-Backed Securities Loan Facility (TALF)
under the authority of section 13(3) of the Federal Reserve Act. The TALF is a facility under which the Federal Reserve Bank of New
York (FRBNY) extends loans with a term of up to five years to holders of eligible asset-backed securities. The TALF is intended to
assist financial markets in accommodating the credit needs of consumers and businesses by facilitating the issuance of asset-backed
securities collateralized by a variety of consumer and business loans. The loans provided through the TALF to eligible borrowers are
non-recourse, meaning that the obligation of the borrower can be discharged by surrendering the collateral to the FRBNY. The loans
are extended for the market value of the security less an amount known as a haircut. As a result, the borrower bears the initial
risk of a decline in the value of the security.

TALF LLC is a limited liability company formed to purchase and manage any asset-backed securities received by the FRBNY in
connection with the decision of a borrower not to repay a TALF loan. TALF LLC has committed, for a fee, to purchase all asset-backed
securities received by the FRBNY in conjunction with a TALF loan at a price equal to the TALF loan plus accrued but unpaid interest.
Losses on asset-backed securities held by TALF LLC will be offset in the following order: by the commitment fees collected by TALF
LLC, by the interest received on investments of TALF LLC, by up to $4.3 billion in subordinated debt funding provided by the U.S.
Treasury, and finally, by senior debt funding provided by the FRBNY. Payments by TALF LLC from the proceeds of its net portfolio
holdings will be made in the following order: operating expenses of TALF LLC, principal due to the FRBNY, principal due to the U.S.
Treasury, interest due to the FRBNY, and interest due to the U.S. Treasury. Any remaining funds will be shared by the FRBNY and the
U.S. Treasury.

 
8. Supplemental Information on the Federal Reserve Bank of New York's Preferred Interests in
AIA Aurora LLC and ALICO Holdings LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                            Nov 3, 2010 
 
Preferred interests in AIA Aurora LLC and ALICO Holdings LLC (1)                                                          26,057
Accrued dividends on preferred interests in AIA Aurora LLC and ALICO Holdings LLC (2)                                        121

Preferred interests in AIA Aurora LLC (1)                                                                                 16,676
Accrued dividends on preferred interests in AIA Aurora LLC (2)                                                                78

Preferred interests in ALICO Holdings LLC (1)                                                                              9,380
Accrued dividends on preferred interests in ALICO Holdings LLC (2)                                                            44
 
Note: Components may not sum to totals because of rounding.

1. Book value.
2. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 9 and table 10.

Note on preferred interests:

In conjunction with the restructuring of the government's assistance to American International Group, Inc. (AIG) announced March 2,
2009, the outstanding balance and amount available of revolving credit provided to AIG by the FRBNY has been reduced in exchange for
preferred interests in two special purpose vehicles, AIA Aurora LLC and ALICO Holdings LLC. These two limited liability companies
were created to directly or indirectly hold all of the outstanding common stock of American International Assurance Company Ltd.
(AIA) and American Life Insurance Company (ALICO), two life insurance subsidiaries of AIG. AIG will retain control of AIA Aurora LLC
and ALICO Holdings LLC, and the FRBNY will have certain consent, disposition, and conversion rights with respect to its preferred
interests.

Dividends accrue as a percentage of the FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC. On a quarterly basis,
the accrued dividends are capitalized and added to the FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC.

 
9. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
                                                       Eliminations from  Wednesday         Change since       
                                                        consolidation    Nov 3, 2010   Wednesday    Wednesday  
Assets, liabilities, and capital                                                      Oct 27, 2010  Nov 4, 2009
 
Assets
  Gold certificate account                                                  11,037             0            0
  Special drawing rights certificate account                                 5,200             0            0
  Coin                                                                       2,166    -       22   +       78
  Securities, repurchase agreements, term auction
     credit, and other loans                                             2,089,899    +    3,769   +  142,824
    Securities held outright (1)                                         2,042,727    +    4,161   +  344,862
      U.S. Treasury securities                                             842,008    +    4,160   +   65,496
        Bills (2)                                                           18,423             0            0
        Notes and bonds, nominal (2)                                       774,990    +    4,149   +   67,341
        Notes and bonds, inflation-indexed (2)                              42,978             0   -    1,665
        Inflation compensation (3)                                           5,617    +       11   -      181
      Federal agency debt securities (2)                                   149,681             0   +    2,722
      Mortgage-backed securities (4)                                     1,051,037             0   +  276,643
    Repurchase agreements (5)                                                    0             0            0
    Term auction credit                                                          0             0   -  139,245
    Other loans                                                             47,172    -      392   -   62,794
  Net portfolio holdings of Commercial Paper
     Funding Facility LLC (6)                                                    0             0   -   14,480
  Net portfolio holdings of Maiden Lane LLC (7)                             28,509    +       40   +    2,188
  Net portfolio holdings of Maiden Lane II LLC (8)                          16,477    +        5   +      468
  Net portfolio holdings of Maiden Lane III LLC (9)                         23,596    +       64   +      363
  Net portfolio holdings of TALF LLC (10)                                      622             0   +      622
  Preferred interests in AIA Aurora LLC and ALICO
     Holdings LLC (11)                                                      26,057             0   +   26,057
  Items in process of collection                             (90)              312    +       28   -      136
  Bank premises                                                              2,221    -        5   -        3
  Central bank liquidity swaps (12)                                             60             0   -   31,824
  Other assets (13)                                                         97,239    +    1,082   +    9,028

Total assets                                                 (90)        2,303,395    +    4,961   +  135,185
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

 
9. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
                                                       Eliminations from  Wednesday         Change since       
                                                        consolidation    Nov 3, 2010   Wednesday    Wednesday  
Assets, liabilities, and capital                                                      Oct 27, 2010  Nov 4, 2009
 
Liabilities
  Federal Reserve notes, net of F.R. Bank holdings                         927,731    +    5,406   +   50,241
  Reverse repurchase agreements (14)                                        54,591    -      961   -    6,144
  Deposits                                                    (0)        1,226,930    -   18,345   +   63,069
    Term deposits held by depository institutions                            5,113             0   +    5,113
    Other deposits held by depository institutions                         982,722    -   27,883   -   82,396
    U.S. Treasury, general account                                          36,018    +    8,789   -   45,558
    U.S. Treasury, supplementary financing account                         199,960    -        1   +  184,961
    Foreign official                                                         2,676    +      975   +    1,240
    Other                                                     (0)              440    -      225   -      292
  Deferred availability cash items                           (90)            2,484    +      418   -      500
  Other liabilities and accrued dividends (15)                              34,877    +   18,975   +   23,100

Total liabilities                                            (90)        2,246,613    +    5,493   +  129,767

Capital accounts
  Capital paid in                                                           26,714    -        1   +    1,601
  Surplus                                                                   25,904    +        6   +    4,489
  Other capital accounts                                                     4,163    -      537   -      673

Total capital                                                               56,782    -      531   +    5,418
 
Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight and term securities lending facilities; refer to
   table 1A.
2. Face value of the securities.
3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed
   securities.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the
   remaining principal balance of the underlying mortgages.
5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
6. Includes the book value of the commercial paper, net of amortized costs and related fees, and other
   investments held by the Commercial Paper Funding Facility LLC.
7. Refer to table 4 and the note on consolidation accompanying table 10.
8. Refer to table 5 and the note on consolidation accompanying table 10.
9.  Refer to table 6 and the note on consolidation accompanying table 10.
10. Refer to table 7 and the note on consolidation accompanying table 10.
11. Refer to table 8.
12. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when
    the foreign currency is returned to the foreign central bank. This exchange rate equals the market exchange
    rate used when the foreign currency was acquired from the foreign central bank.
13. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates,
    accrued dividends on the Federal Reserve Bank of New York's (FRBNY) preferred interests in AIA Aurora LLC
    and ALICO Holdings LLC, and the fair value adjustment to credit extended by the FRBNY to eligible borrowers
    through the Term Asset-Backed Securities Loan Facility.
14. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt
    securities, and mortgage-backed securities.
15. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to
    entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only to
    the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation
    accompanying table 10. Also includes funds from American International Group, Inc. asset dispositions, held
    as agent.


 
10. Statement of Condition of Each Federal Reserve Bank,   November 3, 2010
Millions of dollars
                                               Total      Boston     New York   Philadelphia Cleveland   Richmond     Atlanta     Chicago    St. Louis  Minneapolis   Kansas      Dallas        San    
Assets, liabilities, and capital                                                                                                                                       City                  Francisco 
 
Assets
  Gold certificate account                      11,037         369       4,038         404         463         846       1,385         887         324         203         296         652       1,170
  Special drawing rights certificate acct.       5,200         196       1,818         210         237         412         654         424         150          90         153         282         574
  Coin                                           2,166          68          80         172         163         317         198         330          35          60         156         231         357
  Securities, repurchase agreements,
     term auction credit, and other
     loans                                   2,089,899      51,695     880,663      47,719      69,403     232,645     193,302     154,005      52,617      27,974      70,079      85,778     224,020
    Securities held outright (1)             2,042,727      51,695     833,541      47,704      69,403     232,645     193,298     153,994      52,617      27,964      70,074      85,775     224,018
      U.S. Treasury securities                 842,008      21,308     343,584      19,663      28,608      95,896      79,677      63,476      21,689      11,527      28,884      35,356      92,340
        Bills (2)                               18,423         466       7,517         430         626       2,098       1,743       1,389         475         252         632         774       2,020
        Notes and bonds (3)                    823,586      20,842     336,067      19,233      27,982      93,798      77,934      62,087      21,214      11,275      28,252      34,583      90,319
      Federal agency debt securities (2)       149,681       3,788      61,078       3,495       5,086      17,047      14,164      11,284       3,856       2,049       5,135       6,285      16,415
      Mortgage-backed securities (4)         1,051,037      26,598     428,879      24,545      35,710     119,702      99,457      79,234      27,073      14,388      36,055      44,134     115,263
    Repurchase agreements (5)                        0           0           0           0           0           0           0           0           0           0           0           0           0
    Term auction credit                              0           0           0           0           0           0           0           0           0           0           0           0           0
    Other loans                                 47,172           0      47,122          15           0           0           4          11           0          10           6           3           2
  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)                               28,509           0      28,509           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane II LLC (8)                            16,477           0      16,477           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane III LLC (9)                           23,596           0      23,596           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (10)          622           0         622           0           0           0           0           0           0           0           0           0           0
  Preferred interests in AIA Aurora LLC
     and ALICO Holdings LLC (11)                26,057           0      26,057           0           0           0           0           0           0           0           0           0           0
  Items in process of collection                   402          13           0          46         126           8          31          53          18          13          30          36          28
  Bank premises                                  2,221         128         254          68         141         238         217         209         135         107         265         246         213
  Central bank liquidity swaps (12)                 60           2          17           7           4          17           4           1           1           2           0           1           4
  Other assets (13)                             97,239       2,789      36,560       4,580       4,385      15,484       8,296       5,912       2,088       1,737       2,633       3,330       9,445
  Interdistrict settlement account                   0   +   3,058   + 105,459   +  26,182   -  14,421   -  15,669   -  36,375   -  31,406   -  11,191   -   1,212   -  10,234   +   1,955   -  16,148

Total assets                                 2,303,485      58,317   1,124,150      79,386      60,502     234,297     167,712     130,416      44,176      28,975      63,379      92,511     219,663
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

 
10. Statement of Condition of Each Federal Reserve Bank,   November 3, 2010 (continued)
Millions of dollars
                                               Total      Boston     New York   Philadelphia Cleveland   Richmond     Atlanta     Chicago    St. Louis  Minneapolis   Kansas      Dallas        San    
Assets, liabilities, and capital                                                                                                                                       City                  Francisco 
 
Liabilities
  Federal Reserve notes outstanding          1,128,630      41,090     386,782      45,643      45,922      89,423     143,501      87,386      32,796      20,137      33,615      76,425     125,910
    Less: Notes held by F.R. Banks             200,898       4,288      79,671       5,062       7,927      13,788      25,874      12,220       4,364       5,787       3,332      11,534      27,051
      Federal Reserve notes, net               927,731      36,802     307,111      40,581      37,995      75,635     117,627      75,165      28,432      14,350      30,283      64,890      98,859
  Reverse repurchase agreements (14)            54,591       1,382      22,276       1,275       1,855       6,217       5,166       4,115       1,406         747       1,873       2,292       5,987
  Deposits                                   1,226,930      17,939     747,625      31,330      15,945     138,788      41,005      49,073      13,592      11,692      30,409      24,096     105,436
    Term deposits held by depository
       institutions                              5,113          50       3,573           0          10          63           2         103          28           2          18           5       1,260
    Other deposits held by depository
       institutions                            982,722      17,874     505,209      31,325      15,932     138,587      41,001      48,955      13,562      11,688      30,389      24,091     104,109
    U.S. Treasury, general account              36,018           0      36,018           0           0           0           0           0           0           0           0           0           0
    U.S. Treasury, supplementary
       financing account                       199,960           0     199,960           0           0           0           0           0           0           0           0           0           0
    Foreign official                             2,676           1       2,648           4           3          11           2           1           0           1           0           1           3
    Other                                          440          14         217           0           0         127           0          14           2           0           1           0          64
  Deferred availability cash items               2,573          97           0         252         542         111         125         199          70         407         124         118         527
  Other liabilities and accrued
     dividends (15)                             34,877         203      31,106         245         266         768         511         421         188         143         188         262         576

Total liabilities                            2,246,703      56,423   1,108,118      73,682      56,603     221,519     164,435     128,974      43,688      27,340      62,877      91,658     211,386

Capital
  Capital paid in                               26,714         916       7,666       2,831       1,920       5,437       1,552         671         216         807         230         400       4,070
  Surplus                                       25,904         946       7,698       2,804       1,911       7,141       1,581         621         239         712         210         353       1,688
  Other capital                                  4,163          32         668          69          68         201         145         150          34         117          63         100       2,518

Total liabilities and capital                2,303,485      58,317   1,124,150      79,386      60,502     234,297     167,712     130,416      44,176      28,975      63,379      92,511     219,663
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

10. Statement of Condition of Each Federal Reserve Bank,   November 3, 2010 (continued)
1. Includes securities lent to dealers under the overnight and term securities lending facilities; refer to table 1A.
2. Face value of the securities.
3. Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such securities.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the underlying mortgages.
5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
6. Includes the book value of the commercial paper, net of amortized costs and related fees, and other investments held by the Commercial Paper Funding Facility LLC.
7. Refer to table 4 and the note on consolidation below.
8. Refer to table 5 and the note on consolidation below.
9.  Refer to table 6 and the note on consolidation below.
10. Refer to table 7 and the note on consolidation below.
11. Refer to table 8.
12. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals
    the market exchange rate used when the foreign currency was acquired from the foreign central bank.
13. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates, accrued dividends on the Federal Reserve Bank of New York's (FRBNY) preferred interests
    in AIA Aurora LLC and ALICO Holdings LLC, and the fair value adjustment to credit extended by the FRBNY to eligible borrowers through the Term Asset-Backed Securities Loan Facility.
14. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.
15. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to entities other than the Federal Reserve Bank of New York, including liabilities that have
    recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation below. Also includes 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 9), and the liabilities of the LLCs to entities other than the FRBNY, including those with recourse only to the portfolio holdings of
the LLCs, are included in other liabilities in this table (and table 1 and table 9).

 
11. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
                                                                                            Wednesday   
Federal Reserve notes and collateral                                                        Nov 3, 2010 
 
Federal Reserve notes outstanding                                                          1,128,630
  Less: Notes held by F.R. Banks not subject to collateralization                            200,898
    Federal Reserve notes to be collateralized                                               927,731
Collateral held against Federal Reserve notes                                                927,731
  Gold certificate account                                                                    11,037
  Special drawing rights certificate account                                                   5,200
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   911,495
  Other assets pledged                                                                             0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                     2,042,727
  Less: Face value of securities under reverse repurchase agreements                          48,022
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged      1,994,705
 
Note: Components may not sum to totals because of rounding.

1. Includes face value of U.S. Treasury, agency debt, and mortgage-backed securities held outright,
   compensation to adjust for the effect of inflation on the original face value of inflation-indexed
   securities, and cash value of repurchase agreements.
2. Includes securities lent to dealers under the overnight and term securities lending facilities; refer
   to table 1A.`

Statistical releases

---

Home Economic research and data  Accessibility Contact Us  Last update: November 4, 2010