Federal Reserve Statistical Release, H.4.1, Factors Affecting Reserve Balances; title with eagle logo links to Statistical Release home page
Release Date: February 15, 2007
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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
                                                                                          February 15, 2007
1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
                                                                   Averages of daily figures
Reserve Bank credit, related items, and                   Week ended   Change from week ended     Wednesday
reserve balances of depository institutions at           Feb 14, 2007  Feb 7, 2007 Feb 15, 2006 Feb 14, 2007
Federal Reserve Banks

Reserve Bank Credit                                         847,171    +   5,690    +  31,331      852,641
 Securities held outright                                   778,884    +      13    +  28,259      778,889       
    U.S. Treasury (1)                                       778,884    +      13    +  28,259      778,889
       Bills (2)                                            277,019            0    +   3,588      277,019
       Notes and bonds, nominal (2)                         466,675            0    +  14,845      466,675
       Notes and bonds, inflation-indexed (2)                31,776            0    +   9,580       31,776
       Inflation compensation (3)                             3,415    +      14    +     247        3,419
    Federal agency (2)                                            0            0            0            0      
 Repurchase agreements(4)                                    27,036    +   4,643    +   2,679       30,000
 Loans to depository institutions                                38    +      17    -      60           49
    Primary credit                                               14    +      13    -      52           25
    Secondary credit                                              0            0            0            0
    Seasonal credit                                              24    +       4    -       8           24
 Float                                                           84    +     536    -     495        2,257
 Other Federal Reserve assets                                41,129    +     481    +     948       41,445
Gold stock                                                   11,041            0    -       3       11,041
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (5)                            38,317    +      14    +   1,141       38,317
       
Total factors supplying reserve funds                       898,729    +   5,704    +  32,468      904,199
                                                                   
Currency in circulation(5)                                  804,642    +   2,193    +  18,074      807,035
Reverse repurchase agreements (6)                            36,414    +     925    +  14,018       37,336
   Foreign official and international accounts               36,414    +     925    +  14,018       37,336
   Dealers                                                        0            0            0            0
Treasury cash holdings                                          198    +      20            0          211
Deposits with F.R.Banks, other than reserve balances         12,230    -     155    -   1,815       12,313       
  U.S. Treasury, general account                              5,014    -      83    -     210        5,102
  Foreign official                                               91    +       2            0           90
  Service-related                                             6,861            0    -   1,611        6,861
     Required clearing balances                               6,861            0    -   1,611        6,861
     Adjustments to compensate for float                          0            0            0            0
  Other                                                         264    -      73    +       5          259
Other liabilities and capital                                37,206    +      80    +   5,416       36,957

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                  890,690    +   3,064    +  35,693      893,853

Reserve balances with Federal Reserve Banks                   8,039    +   2,640    -   3,225       10,346
                                                                

Memo (off-balance-sheet items):
  Marketable securities held in custody for foreign
         official and international accounts(2,7)         1,811,053    +  13,369    + 254,341    1,816,541
     U.S. Treasury                                        1,183,729    +   3,082    +  72,454    1,187,695
     Federal agency                                         627,324    +  10,287    + 181,887      628,846
  Securities lent to dealers                                    967    -   1,852    -     368          290   


Note: Components may not sum to totals because of rounding.


1  Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.  
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  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
5  Estimated. 
6  Cash value of agreements, which are collateralized by U.S. Treasury securities.
7  Includes U.S. Treasury STRIPS and other zero coupon bonds at face value.


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


2. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of Dollars
                                              Eliminations                          Change Since
                                                  from       Wednesday        Wednesday        Wednesday
Assets, liabilities, and capital             consolidation Feb 14, 2007      Feb 7, 2007     Feb 15, 2006

Assets
Gold certificate account                                        11,037                0        -       3
Special drawing rights certificate account                       2,200                0                0
Coin                                                             1,029        -      11        +     183
Securities, repurchase agreements, and loans                   808,938        +  10,289        +  27,398
   Securities held outright                                    778,889        +      13        +  27,562
      U.S. Treasury (1)                                        778,889        +      13        +  27,562       
         Bills (2)                                             277,019                0        +   2,877
         Notes and bonds, nominal (2)                          466,675                0        +  14,845
         Notes and bonds, inflation-indexed (2)                 31,776                0        +   9,580
         Inflation compensation (3)                              3,419        +      13        +     261
      Federal agency (2)                                             0                0                0
   Repurchase agreements (4)                                    30,000        +  10,250        +     250    
   Loans                                                            49        +      26        -     415
Items in process of collection                      (852)        6,374        +   1,281        +     830
Bank premises                                                    1,959        +       3        +     139
Other assets (5)                                                39,468        +     575        +   4,263
      Total assets                                  (852)      871,005        +  12,137        +  32,810
                          
Liabilities
Federal Reserve notes net of FR Bank holdings                  769,955        +   2,038        +  17,697
Reverse repurchase agreements (6)                               37,336        +   3,706        +  14,641
Deposits                                              (0)       22,640        +   6,496        -   2,878       
  Depository institutions                                       17,189        +   6,697        -   2,841
  U.S. Treasury, general account                                 5,102        -     153        -      23
  Foreign official                                                  90                0        -      11
  Other                                               (0)          259        -      47        -       3
Deferred availability cash items                    (852)        4,117        -     259        -   2,025
Other liabilities and accrued dividends (7)                      5,639        +      20        +   1,390
      Total liabilities                             (852)      839,687        +  12,001        +  28,826
                          
Capital Accounts
Capital paid in                                                 15,351        -      10        +   1,636
Surplus                                                         15,197        +      41        +   2,296
Other capital accounts                                             770        +     105        +      52
      Total capital                                             31,319        +     137        +   3,985


Note: Components may not sum to totals because of rounding.

1  Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.
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  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securites.
5  Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates. 
6  Cash value of agreements, which are collateralized by U.S. Treasury securities.
7  Includes exchange-translation account reflecting the daily revaluation at market exchange rates of 
   foreign exchange commitments.



3. Maturity Distribution of Loans and Securities,  February 14, 2007
Millions of dollars
                                    U.S. Treasury           Federal agency                      Reverse
Maturity             Loans           securities (1)          securities           Repurchase   repurchase
                                              Weekly                    Weekly    agreements(2)agreements(2)
                                  Holdings    changes      Holdings    changes    
Within 15 days              49       66,154   +   9,282            0           0       30,000       37,336
16 days to 90 days           0      171,475   +   2,241            0           0            0            0
91 days to 1 year            0      167,331   -  11,522            0           0     ------      ------
Over 1 to 5 years     ------        226,945   +   4,463            0           0     ------      ------
Over 5 to 10 years    ------         65,326   -   4,457            0           0     ------      ------
Over 10 years         ------         81,657   +       5            0           0     ------      ------
                   		 	
All                         49      778,889   +      13            0           0       30,000      37,336

Note: Components may not sum to totals because of rounding.
---   Not applicable.

1  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. 
2  Cash value of agreements classified by remaining maturity of the agreements.



4. Statement of Condition of Each Federal Reserve Bank on  February 14, 2007
Millions of dollars
                                                                                                                                                            Kansas                 San
Assets, liabilities, and capital               Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco

Assets                        
Gold certificate account                      11,037        486      4,139        463        446        853      1,023        947        328        211        324        575      1,242
Special drawing rights certificate acct.       2,200        115        874         83        104        147        166        212         71         30         66         98        234
Coin                                           1,029         39         67         68        103        103        118        118         43         42         80         98        151
Securities, repurchase agreements,
      and loans                              808,938     37,176    318,290     33,816     33,632     64,702     65,206     71,523     24,747     15,843     22,808     34,956     86,238
   Securities held outright                  778,889     37,167    288,288     33,816     33,632     64,702     65,206     71,518     24,747     15,834     22,808     34,956     86,215
      U.S. Treasury (1)                      778,889     37,167    288,288     33,816     33,632     64,702     65,206     71,518     24,747     15,834     22,808     34,956     86,215
         Bills (2)                           277,019     13,219    102,532     12,027     11,962     23,012     23,191     25,436      8,801      5,632      8,112     12,432     30,663
         Notes and bonds(3)                  501,870     23,948    185,756     21,789     21,671     41,690     42,015     46,082     15,945     10,203     14,696     22,523     55,552
         Federal agency (2)                        0          0          0          0          0          0          0          0          0          0          0          0          0
      Repurchase agreements(4)                30,000          0     30,000          0          0          0          0          0          0          0          0          0          0
      Loans                                       49          8          2          0          0          0          0          6          0          9          1          0         22
Items in process of collection                 7,226        388        213      1,131        991        833        773        357        219        309        584        505        921
Bank premises                                  1,959        117        211         58        157        169        231        206         80        116        167        259        187
Other assets(5)                               39,468      1,377     12,530      3,195      2,267      7,069      3,269      2,742        826        747        755      1,093      3,597
Interdistrict settlement account                   0    -   574    -24,486    -   884    - 2,372    + 3,384    +12,566    - 1,189    + 1,941    -   170    + 4,166    + 2,968    + 4,650
          Total Assets                       871,857     39,124    311,839     37,929     35,328     77,261     83,353     74,916     28,256     17,129     28,950     40,552     97,220

Note: Components may not sum to totals because of rounding.

1  Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.
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  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
5  Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates.




4. Statement of Condition of Each Federal Reserve Bank on  February 14, 2007
Millions of dollars
                                                                                                                                                            Kansas                 San
Assets, liabilities, and capital                Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco

Liabilities                         
Federal Reserve notes outstanding             961,827     39,061    341,223     38,071     36,026     75,241    101,603     82,375     29,276     17,413     30,923     56,739    113,876
  Less: notes held by F.R. Banks              191,872      4,006     62,581      6,969      7,459     12,960     26,463     15,048      3,266      2,528      4,480     19,776     26,337
    Federal Reserve notes, net                769,955     35,055    278,642     31,102     28,568     62,281     75,141     67,326     26,010     14,885     26,443     36,963     87,539
Reverse repurchase agreements (1)              37,336      1,782     13,819      1,621      1,612      3,102      3,126      3,428      1,186        759      1,093      1,676      4,133
Deposits                                       22,640        888      9,727        734      2,301      2,201      1,412      1,601        368        514        482        805      1,605
  Depository institutions                      17,189        886      4,408        729      2,297      2,103      1,409      1,599        358        514        481        805      1,602
  U.S. Treasury, general account                5,102          0      5,102          0          0          0          0          0          0          0          0          0          0
  Foreign official                                 90          1         60          5          3         11          3          2          0          1          0          1          3
  Other                                           259          1        157          0          2         88          0          0         10          0          1          0          0
Deferred availability cash items                4,969        308         68        727        359        807        558        266        120        249        366        374        768
Other liabilities and accrued                 
  dividends (2)                                 5,639        261      1,819        264        273        624        501        511        214        153        191        275        552
   
    Total liabilities                         840,539     38,293    304,075     34,448     33,114     69,014     80,737     73,133     27,899     16,560     28,575     40,092     94,597
                              
Capital                    
Capital paid in                                15,351        396      3,725      1,810      1,089      4,094      1,275        860        168        277        178        213      1,266
Surplus                                        15,197        396      3,738      1,671      1,087      4,094      1,276        859        166        276        176        212      1,247
Other capital                                     770         38        300          0         39         59         65         65         23         15         20         35        111
     Total liabilities and capital            871,857     39,124    311,839     37,929     35,328     77,261     83,353     74,916     28,256     17,129     28,950     40,552     97,220
                              

Note: Components may not sum to totals because of rounding.

1  Cash value of agreements, which are collateralized by U.S. Treasury securities.
2  Includes exchange-translation account reflecting the daily revaluation at market exchange rates of foreign exchange commitments.


5. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars



Federal Reserve notes and collateral        Wednesday
                                          Feb 14, 2007
              
Federal Reserve notes outstanding             961,827
   Less: Notes held by F.R. Banks
         not subject to collateralization     191,872
      Federal Reserve Notes to be
         collateralized                       769,955 
Collateral held against Federal Reserve            
   notes                                      769,955
   Gold certificate account                    11,037
   Special drawing rights                 
     certificate account                        2,200
   U.S. Treasury and agency securities   
     pledged (1)                              756,718
   Other assets pledged                             0

Memo:
Total U.S. Treasury and agency 
       securities (1)                         808,889
   Less:face value of securities under
         reverse repurchase agreements         37,401
      U.S. Treasury and agency securities
             eligible to be pledged           771,488
   

Note: Components may not sum to totals because of rounding.

1  Includes face value of U.S. Treasury and agency 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.

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