Federal Reserve Bank and period | Current income | Net expenses | Net additions or deductions (-)1 | Assessments by the Board of Governors | Change in funded status of benefit plans | Dividends paid | Distributions to the U.S. Treasury | Transferred to /from surplus3 | Transferred to/from surplus and change in accumulated other comprehensive income6 | ||
---|---|---|---|---|---|---|---|---|---|---|---|
Board expenditures | Costs of currency | Statutory transfers2 | Interest on Federal Reserve notes | ||||||||
All Banks | |||||||||||
1914-15 | 2,173 | 2,018 | 6 | 302 | ... | ... | 217 | ... | ... | ... | ... |
1916 | 5,218 | 2,082 | -193 | 192 | ... | ... | 1,743 | ... | ... | ... | ... |
1917 | 16,128 | 4,922 | -1,387 | 238 | ... | ... | 6,804 | 1,134 | ... | ... | 1,134 |
1918 | 67,584 | 10,577 | -3,909 | 383 | ... | ... | 5,541 | ... | ... | ... | 48,334 |
1919 | 102,381 | 18,745 | -4,673 | 595 | ... | ... | 5,012 | 2,704 | ... | ... | 70,652 |
1920 | 181,297 | 27,549 | -3,744 | 710 | ... | ... | 5,654 | 60,725 | ... | ... | 82,916 |
1921 | 122,866 | 33,722 | -6,315 | 741 | ... | ... | 6,120 | 59,974 | ... | ... | 15,993 |
1922 | 50,499 | 28,837 | -4,442 | 723 | ... | ... | 6,307 | 10,851 | ... | ... | -660 |
1923 | 50,709 | 29,062 | -8,233 | 703 | ... | ... | 6,553 | 3,613 | ... | ... | 2,546 |
1924 | 38,340 | 27,768 | -6,191 | 663 | ... | ... | 6,682 | 114 | ... | ... | -3,078 |
1925 | 41,801 | 26,819 | -4,823 | 709 | ... | ... | 6,916 | 59 | ... | ... | 2,474 |
1926 | 47,600 | 24,914 | -3,638 | 722 | 1,714 | ... | 7,329 | 818 | ... | ... | 8,464 |
1927 | 43,024 | 24,894 | -2,457 | 779 | 1,845 | ... | 7,755 | 250 | ... | ... | 5,044 |
1928 | 64,053 | 25,401 | -5,026 | 698 | 806 | ... | 8,458 | 2,585 | ... | ... | 21,079 |
1929 | 70,955 | 25,810 | -4,862 | 782 | 3,099 | ... | 9,584 | 4,283 | ... | ... | 22,536 |
1930 | 36,424 | 25,358 | -93 | 810 | 2,176 | ... | 10,269 | 17 | ... | ... | -2,298 |
1931 | 29,701 | 24,843 | 311 | 719 | 1,479 | ... | 10,030 | ... | ... | ... | -7,058 |
1932 | 50,019 | 24,457 | -1,413 | 729 | 1,106 | ... | 9,282 | 2,011 | ... | ... | 11,021 |
1933 | 49,487 | 25,918 | -12,307 | 800 | 2,505 | ... | 8,874 | ... | ... | ... | -917 |
1934 | 48,903 | 26,844 | -4,430 | 1,372 | 1,026 | ... | 8,782 | ... | ... | -60 | 6,510 |
1935 | 42,752 | 28,695 | -1,737 | 1,406 | 1,477 | ... | 8,505 | 298 | ... | 28 | 607 |
1936 | 37,901 | 26,016 | 486 | 1,680 | 2,178 | ... | 7,830 | 227 | ... | 103 | 353 |
1937 | 41,233 | 25,295 | -1,631 | 1,748 | 1,757 | ... | 7,941 | 177 | ... | 67 | 2,616 |
1938 | 36,261 | 25,557 | 2,232 | 1,725 | 1,630 | ... | 8,019 | 120 | ... | -419 | 1,862 |
1939 | 38,501 | 25,669 | 2,390 | 1,621 | 1,356 | ... | 8,110 | 25 | ... | -426 | 4,534 |
1940 | 43,538 | 25,951 | 11,488 | 1,704 | 1,511 | ... | 8,215 | 82 | ... | -54 | 17,617 |
1941 | 41,380 | 28,536 | 721 | 1,840 | 2,588 | ... | 8,430 | 141 | ... | -4 | 571 |
1942 | 52,663 | 32,051 | -1,568 | 1,746 | 4,826 | ... | 8,669 | 198 | ... | 50 | 3,554 |
1943 | 69,306 | 35,794 | 23,768 | 2,416 | 5,336 | ... | 8,911 | 245 | ... | 135 | 40,327 |
1944 | 104,392 | 39,659 | 3,222 | 2,296 | 7,220 | ... | 9,500 | 327 | ... | 201 | 48,410 |
1945 | 142,210 | 41,666 | -830 | 2,341 | 4,710 | ... | 10,183 | 248 | ... | 262 | 81,970 |
1946 | 150,385 | 50,493 | -626 | 2,260 | 4,482 | ... | 10,962 | 67 | ... | 28 | 81,467 |
1947 | 158,656 | 58,191 | 1,973 | 2,640 | 4,562 | ... | 11,523 | 36 | 75,284 | 87 | 8,366 |
1948 | 304,161 | 64,280 | -34,318 | 3,244 | 5,186 | ... | 11,920 | ... | 166,690 | ... | 18,523 |
1949 | 316,537 | 67,931 | -12,122 | 3,243 | 6,304 | ... | 12,329 | ... | 193,146 | ... | 21,462 |
1950 | 275,839 | 69,822 | 36,294 | 3,434 | 7,316 | ... | 13,083 | ... | 196,629 | ... | 21,849 |
1951 | 394,656 | 83,793 | -2,128 | 4,095 | 7,581 | ... | 13,865 | ... | 254,874 | ... | 28,321 |
1952 | 456,060 | 92,051 | 1,584 | 4,122 | 8,521 | ... | 14,682 | ... | 291,935 | ... | 46,334 |
1953 | 513,037 | 98,493 | -1,059 | 4,100 | 10,922 | ... | 15,558 | ... | 342,568 | ... | 40,337 |
1954 | 438,486 | 99,068 | -134 | 4,175 | 6,490 | ... | 16,442 | ... | 276,289 | ... | 35,888 |
1955 | 412,488 | 101,159 | -265 | 4,194 | 4,707 | ... | 17,712 | ... | 251,741 | ... | 32,710 |
1956 | 595,649 | 110,240 | -23 | 5,340 | 5,603 | ... | 18,905 | ... | 401,556 | ... | 53,983 |
1957 | 763,348 | 117,932 | -7,141 | 7,508 | 6,374 | ... | 20,081 | ... | 542,708 | ... | 61,604 |
1958 | 742,068 | 125,831 | 124 | 5,917 | 5,973 | ... | 21,197 | ... | 524,059 | ... | 59,215 |
1959 | 886,226 | 131,848 | 98,247 | 6,471 | 6,384 | ... | 22,722 | ... | 910,650 | ... | -93,601 |
1960 | 1,103,385 | 139,894 | 13,875 | 6,534 | 7,455 | ... | 23,948 | ... | 896,816 | ... | 42,613 |
1961 | 941,648 | 148,254 | 3,482 | 6,265 | 6,756 | ... | 25,570 | ... | 687,393 | ... | 70,892 |
1962 | 1,048,508 | 161,451 | -56 | 6,655 | 8,030 | ... | 27,412 | ... | 799,366 | ... | 45,538 |
1963 | 1,151,120 | 169,638 | 615 | 7,573 | 10,063 | ... | 28,912 | ... | 879,685 | ... | 55,864 |
1964 | 1,343,747 | 171,511 | 726 | 8,655 | 17,230 | ... | 30,782 | ... | 1,582,119 | ... | -465,823 |
1965 | 1,559,484 | 172,111 | 1,022 | 8,576 | 23,603 | ... | 32,352 | ... | 1,296,810 | ... | 27,054 |
1966 | 1,908,500 | 178,212 | 996 | 9,022 | 20,167 | ... | 33,696 | ... | 1,649,455 | ... | 18,944 |
1967 | 2,190,404 | 190,561 | 2,094 | 10,770 | 18,790 | ... | 35,027 | ... | 1,907,498 | ... | 29,851 |
1968 | 2,764,446 | 207,678 | 8,520 | 14,198 | 20,474 | ... | 36,959 | ... | 2,463,629 | ... | 30,027 |
1969 | 3,373,361 | 237,828 | -558 | 15,020 | 22,126 | ... | 39,237 | ... | 3,019,161 | ... | 39,432 |
1970 | 3,877,218 | 276,572 | 11,442 | 21,228 | 23,574 | ... | 41,137 | ... | 3,493,571 | ... | 32,580 |
1971 | 3,723,370 | 319,608 | 94,266 | 32,634 | 24,943 | ... | 43,488 | ... | 3,356,560 | ... | 40,403 |
1972 | 3,792,335 | 347,917 | -49,616 | 35,234 | 31,455 | ... | 46,184 | ... | 3,231,268 | ... | 50,661 |
1973 | 5,016,769 | 416,879 | -80,653 | 44,412 | 33,826 | ... | 49,140 | ... | 4,340,680 | ... | 51,178 |
1974 | 6,280,091 | 476,235 | -78,487 | 41,117 | 30,190 | ... | 52,580 | ... | 5,549,999 | ... | 51,483 |
1975 | 6,257,937 | 514,359 | -202,370 | 33,577 | 37,130 | ... | 54,610 | ... | 5,382,064 | ... | 33,828 |
1976 | 6,623,220 | 558,129 | 7,311 | 41,828 | 48,819 | ... | 57,351 | ... | 5,870,463 | ... | 53,940 |
1977 | 6,891,317 | 568,851 | -177,033 | 47,366 | 55,008 | ... | 60,182 | ... | 5,937,148 | ... | 45,728 |
1978 | 8,455,309 | 592,558 | -633,123 | 53,322 | 60,059 | ... | 63,280 | ... | 7,005,779 | ... | 47,268 |
1979 | 10,310,148 | 625,168 | -151,148 | 50,530 | 68,391 | ... | 67,194 | ... | 9,278,576 | ... | 69,141 |
1980 | 12,802,319 | 718,033 | -115,386 | 62,231 | 73,124 | ... | 70,355 | ... | 11,706,370 | ... | 56,821 |
1981 | 15,508,350 | 814,190 | -372,879 | 63,163 | 82,924 | ... | 74,574 | ... | 14,023,723 | ... | 76,897 |
1982 | 16,517,385 | 926,034 | -68,833 | 61,813 | 98,441 | ... | 79,352 | ... | 15,204,591 | ... | 78,320 |
1983 | 16,068,362 | 1,023,678 | -400,366 | 71,551 | 152,135 | ... | 85,152 | ... | 14,228,816 | ... | 106,663 |
1984 | 18,068,821 | 1,102,444 | -412,943 | 82,116 | 162,606 | ... | 92,620 | ... | 16,054,095 | ... | 161,996 |
1985 | 18,131,983 | 1,127,744 | 1,301,624 | 77,378 | 173,739 | ... | 103,029 | ... | 17,796,464 | ... | 155,253 |
1986 | 17,464,528 | 1,156,868 | 1,975,893 | 97,338 | 180,780 | ... | 109,588 | ... | 17,803,895 | ... | 91,954 |
1987 | 17,633,012 | 1,146,911 | 1,796,594 | 81,870 | 170,675 | ... | 117,499 | ... | 17,738,880 | ... | 173,771 |
1988 | 19,526,431 | 1,205,960 | -516,910 | 84,411 | 164,245 | ... | 125,616 | ... | 17,364,319 | ... | 64,971 |
1989 | 22,249,276 | 1,332,161 | 1,254,613 | 89,580 | 175,044 | ... | 129,885 | ... | 21,646,417 | ... | 130,802 |
1990 | 23,476,604 | 1,349,726 | 2,099,328 | 103,752 | 193,007 | ... | 140,758 | ... | 23,608,398 | ... | 180,292 |
1991 | 22,553,002 | 1,429,322 | 405,729 | 109,631 | 261,316 | ... | 152,553 | ... | 20,777,552 | ... | 228,356 |
1992 | 20,235,028 | 1,474,531 | -987,788 | 128,955 | 295,401 | ... | 171,763 | ... | 16,774,477 | ... | 402,114 |
1993 | 18,914,251 | 1,657,800 | -230,268 | 140,466 | 355,947 | ... | 195,422 | ... | 15,986,765 | ... | 347,583 |
1994 | 20,910,742 | 1,795,328 | 2,363,862 | 146,866 | 368,187 | ... | 212,090 | ... | 20,470,011 | ... | 282,122 |
1995 | 25,395,148 | 1,818,416 | 857,788 | 161,348 | 370,203 | ... | 230,527 | ... | 23,389,367 | ... | 283,075 |
1996 | 25,164,303 | 1,947,861 | -1,676,716 | 162,642 | 402,517 | ... | 255,884 | 5,517,716 | 14,565,624 | ... | 635,343 |
1997 | 26,917,213 | 1,976,453 | -2,611,570 | 174,407 | 364,454 | ... | 299,652 | 20,658,972 | 0 | ... | 831,705 |
1998 | 28,149,477 | 1,833,436 | 1,906,037 | 178,009 | 408,544 | ... | 343,014 | 17,785,942 | 8,774,994 | ... | 731,575 |
1999 | 29,346,836 | 1,852,162 | -533,557 | 213,790 | 484,959 | ... | 373,579 | ... | 25,409,736 | ... | 479,053 |
2000 | 33,963,992 | 1,971,688 | -1,500,027 | 188,067 | 435,838 | ... | 409,614 | ... | 25,343,892 | ... | 4,114,865 |
2001 | 31,870,721 | 2,084,708 | -1,117,435 | 295,056 | 338,537 | ... | 428,183 | ... | 27,089,222 | ... | 517,580 |
2002 | 26,760,113 | 2,227,078 | 2,149,328 | 205,111 | 429,568 | ... | 483,596 | ... | 24,495,490 | ... | 1,068,598 |
2003 | 23,792,725 | 2,462,658 | 2,481,127 | 297,020 | 508,144 | ... | 517,705 | ... | 22,021,528 | ... | 466,796 |
2004 | 23,539,942 | 2,238,705 | 917,870 | 272,331 | 503,784 | ... | 582,402 | ... | 18,078,003 | ... | 2,782,587 |
2005 | 30,729,357 | 2,889,544 | -3,576,903 | 265,742 | 477,087 | ... | 780,863 | ... | 21,467,545 | ... | 1,271,672 |
2006 | 38,410,427 | 3,263,844 | -158,846 | 301,014 | 491,962 | ... | 871,255 | ... | 29,051,678 | ... | 4,271,828 |
2007 | 42,576,025 | 3,510,206 | 198,417 | 296,125 | 576,306 | 324,481 | 992,353 | ... | 34,598,401 | ... | 3,125,533 |
2008 | 41,045,582 | 4,870,374 | 3,340,628 | 352,291 | 500,372 | -3,158,808 | 1,189,626 | ... | 31,688,688 | … | 2,626,053 |
2009 | 54,463,121 | 5,978,795 | 4,820,204 | 386,400 | 502,044 | 1,006,813 | 1,428,202 | ... | 47,430,237 | … | 4,564,460 |
Total, 1914-2009 | 848,974,370 | 67,706,631 | 12,401,045 | 5,739,616 | 10,410,734 | -1,827,514 | 12,348,958 | 44,113,958 | 687,645,286 | -4 | 31,582,7224 |
Aggregate for each Bank, 1914- 2009 | |||||||||||
Boston | 43,062,237 | 3,992,881 | 149,103 | 248,532 | 604,816 | -13,242 | 554,883 | 2,579,504 | 34,078,800 | 135 | 1,138,546 |
New York | 304,907,672 | 12,959,1185 | 4,788,937 | 1,437,420 | 3,124,108 | -1,873,938 | 3,143,937 | 17,307,161 | 259,978,960 | -433 | 9,872,400 |
Philadelphia | 31,233,470 | 3,241,737 | 615,539 | 311,463 | 466,216 | -6,258 | 794,701 | 1,312,118 | 22,748,368 | 291 | 2,967,857 |
Cleveland | 47,993,734 | 3,851,063 | 649,458 | 416,037 | 587,999 | 2,889 | 899,444 | 2,827,043 | 37,845,642 | -10 | 2,218,863 |
Richmond | 65,510,304 | 5,921,622 | 1,829,706 | 948,707 | 867,797 | 30,135 | 2,380,997 | 3,083,928 | 45,946,850 | -72 | 8,220,316 |
Atlanta | 54,815,334 | 9,080,562 | 885,186 | 431,119 | 883,931 | 7,165 | 884,651 | 2,713,230 | 39,812,462 | 5 | 1,901,724 |
Chicago | 96,740,142 | 7,503,350 | 1,052,372 | 572,318 | 1,152,455 | 3,064 | 1,079,245 | 4,593,811 | 81,856,222 | 12 | 1,038,165 |
St. Louis | 28,405,607 | 2,976,568 | 183,368 | 125,518 | 376,880 | 9,824 | 243,679 | 1,833,837 | 22,678,317 | -27 | 364,027 |
Minneapolis | 14,741,915 | 2,970,651 | 240,066 | 159,353 | 195,896 | 2,961 | 331,057 | 416,227 | 10,041,556 | 65 | 870,139 |
Kansas City | 30,064,548 | 3,994,257 | 256,754 | 157,542 | 386,884 | -5,346 | 283,928 | 1,249,703 | 23,911,666 | -9 | 331,986 |
Dallas | 37,851,916 | 4,067,776 | 516,569 | 233,913 | 515,061 | 10,175 | 402,176 | 1,510,802 | 31,128,376 | 55 | 520,501 |
San Francisco | 93,647,491 | 7,147,046 | 1,233,988 | 697,695 | 1,248,691 | 5,055 | 1,350,260 | 4,686,594 | 77,618,065 | -17 | 2,138,200 |
Total | 848,974,370 | 67,706,631 | 12,401,045 | 5,739,616 | 10,410,734 | -1,827,514 | 12,348,958 | 44,113,958 | 687,645,286 | -4 | 31,582,7226 |
Note: Components may not sum to totals because of rounding.
1. For 1987 and subsequent years, includes the cost of services provided to the Treasury by Federal Reserve Banks for which reimbursement was not received. Return to table
2. Represents transfers made as a franchise tax from 1917 through 1932; transfers made under section 13b of the Federal Reserve Act from 1935 through 1947; and transfers made under section 7 of the Federal Reserve Act for 1996 and 1997. Return to table
3. Transfers are made under section 13b of the Federal Reserve Act. Return to table
4. The $31,582,722 thousand transferred to surplus was reduced by direct charges of $500 thousand for charge-off on Bank premises (1927), $139,300 thousand for contributions to capital of the Federal Deposit Insurance Corporation (1934), $4 thousand net upon elimination of section 13b surplus (1958), and $106,000 thousand (1996), $107,000 thousand (1997), $3,752,000 thousand transferred to the Treasury as statutorily required (2000), and $1,848,716 thousand related to the implementation of SFAS No. 158 (2006); and was increased by a transfer of $11,131 thousand from reserves for contingencies (1955), leaving a balance of $25,640,333 thousand on December 31, 2009. Return to table
5. This amount is reduced by $3,604,674 thousand for expenses of the System Retirement Plan. See note 6, table 10. Return to table
6. Transfers are made under section 7 of the Federal Reserve Act. Beginning in 2006, accumulated other comprehensive income is reported as a component of surplus. Return to table
... Not applicable Return to table