5. Consolidated Statement of Condition of All Federal Reserve Banks (continued) accessible
H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks [title]: No description
5. Consolidated Statement of Condition of All Federal Reserve Banks (continued) [title]: No description
Millions of dollars [title]: No description
Assets, liabilities, and capital [column]: No description
Eliminations from consolidation [column]: No description
Wednesday [column]: No description
Change Since [column]: No description
Wednesday - sub-column of Change Since : No description
Wednesday - sub-column of Change Since : No description
Liabilities [row]: No description
Federal Reserve notes, net of F.R. Bank holdings - sub-row of Liabilities [row]: This item reflects the total value of Federal Reserve notes (paper currency) outstanding net of the quantities held by Reserve Banks.
Reverse repurchase agreements - sub-row of Liabilities [row]:
Reverse repurchase agreements are transactions in which securities are sold to a set of counterparties under an agreement to buy them back from the same party on a specified date at the same price plus interest. Reverse repurchase agreements may be conducted with foreign official and international accounts as a service to the holders of these accounts. All other reverse repurchase agreements, including transactions with primary dealers and other counterparties who have been established specifically to transact in reverse repurchase agreements, are open market operations intended to manage the supply of reserve balances; reverse repurchase agreements absorb reserve balances from the banking system for the length of the agreement. As with repurchase agreements, the naming convention used here reflects the transaction from the counterparties' perspective; the Federal Reserve receives cash in a reverse repurchase agreement and provides collateral to the counterparties.
Deposits - sub-row of Liabilities [row]:
This item is the sum of "Term deposits held by depository institutions," "Other deposits held by depository institutions," "U.S. Treasury, General Account," "U.S. Treasury, Supplementary Financing Account," "Foreign official accounts," and "Other deposits."
Term deposits held by depository institutions - sub-row of Deposits - sub-row of Liabilities [row]: No description
Other deposits held by depository institutions - sub-row of Deposits - sub-row of Liabilities [row]: No description
U.S. Treasury, General Account - sub-row of Deposits - sub-row of Liabilities [row]: No description
Foreign official - sub-row of Deposits - sub-row of Liabilities [row]: No description
Other - sub-row of Deposits - sub-row of Liabilities [row]: No description
Deferred availability cash items - sub-row of Liabilities [row]: Reserve Banks do not give immediate credit for all checks or other items deposited with them for collection because it can take time to collect payment. Reserve Banks defer credit according to a schedule, which takes into account the time for presentments to be made. The maximum credit deferral is two business days, after which funds are added to the depositing institution's reserve account, regardless of whether the item has been collected from the institution on which it is drawn. The difference between "items in process of collection" and "deferred availability cash items" is "float."
Treasury contributions to credit facilities - sub-row of Liabilities [row]:
Book value. Amount includes equity investments in MS Facilities 2020 LLC.
Other liabilities and accrued dividends - sub-row of Liabilities [row]:
Includes the liability for earnings remittances due to the U.S. Treasury.
Total liabilities [row]: No description
Capital accounts [row]: No description
Capital paid in - sub-row of Capital accounts [row]: Banks that are members of the Federal Reserve System make payments for Federal Reserve Bank capital stock. Each member is required by law to become a shareholder and subscribe to shares of its district Reserve Bank in an amount equal to 6 percent of its own paid-in capital and surplus. Of this amount, half must be paid to the Federal Reserve and half remains subject to call by the Board of Governors. When a member's capital or surplus changes, its holdings of Reserve Bank stock must be adjusted accordingly.
Surplus - sub-row of Capital accounts [row]: After expenses are paid and the statutory cumulative 6 percent dividend on paid-in capital stock is met, Board of Governor's policy is that each Reserve Bank should retain a surplus balance equal to its capital paid-in.
Other capital accounts - sub-row of Capital accounts [row]: These accounts used to consist of the unallocated net earnings since the last payment of dividends to stockholders, the amount necessary to equate surplus to paid in capital at year-end, and the accumulated interest to be paid to the Treasury on outstanding Federal Reserve notes. Effective January 1, 2011, the amounts described in the latter sentence will be recorded as a liability, and will be included in Other liabilities and capital accounts on table 1, Other liabilities and accrued dividends on table 4, and Earnings remittances due to the U.S. Treasury on table 5.
Total capital [row]: Total capital is the sum of "capital paid in," "surplus," and "other capital accounts."