Statistical Tables

Millions of dollars

Type of security and transaction	Jan.	Feb.	Mar.	Apr.	May	June	July	Aug.	Sept.	Oct.	Nov.	Dec.	Total
U.S. Treasury securities ¹
Outright transactions ²
Treasury bills
Gross purchases	70,510	55,508	30,501	0	0	0	0	0	0	0	0	0	156,519
Gross sales	0	0	0	0	0	0	0	0	0	0	0	0	0
Exchanges	20,631	23,972	36,002	71,566	75,388	71,474	96,395	74,346	69,755	88,347	80,456	98,073	806,405
For new bills	20,631	23,972	36,002	71,566	75,388	71,474	96,395	74,346	69,755	88,347	80,456	98,073	806,405
Redemptions	0	0	0	0	0	0	0	0	0	0	0	0	0
Others up to 1 year
Gross purchases	2,101	2,189	105,183	89,473	27,968	14,131	14,984	12,752	6,764	6,477	5,602	4,883	292,507
Gross sales	0	0	0	0	0	0	0	0	0	0	0	0	0
Exchanges	-17,675	-37,357	-33,959	-14,078	-50,769	-39,445	-30,520	-82,250	-30,315	-3,077	-84,588	-37,737	-461,770
Redemptions	0	0	0	0	0	0	0	0	0	0	0	0	0
Over 1 to 5 years
Gross purchases	10,025	7,592	383,863	293,171	53,103	43,227	45,673	36,509	22,200	41,357	45,979	47,705	1,030,404
Gross sales	0	0	0	0	0	15	0	0	0	0	25	0	40
Exchanges	11,645	16,900	23,169	10,900	22,212	24,740	17,786	37,322	16,431	1,455	44,806	22,468	249,833
Over 5 to 10 years
Gross purchases	5,020	3,285	184,985	165,619	32,639	19,626	17,529	18,717	23,642	14,887	13,259	9,105	508,313
Gross sales	0	0	0	0	0	10	0	0	0	0	0	0	10
Exchanges	5,518	12,008	10,775	3,122	16,923	10,009	9,135	26,684	9,927	979	26,299	10,595	141,974
More than 10 years
Gross purchases	2,259	3,942	139,021	98,482	17,528	12,811	12,220	10,293	11,797	14,225	12,235	18,315	353,128
Gross sales	0	0	0	0	0	0	0	0	0	0	0	0	0
Exchanges	512	8,450	15	56	11,635	4,695	3,599	18,244	3,957	643	13,483	4,674	69,963
All maturities
Gross purchases	89,915	72,516	843,553	646,745	131,238	89,795	90,406	78,271	64,403	76,946	77,075	80,008	2,340,871
Gross sales	0	0	0	0	0	25	0	0	0	0	25	0	50
Redemptions	0	0	0	0	0	0	0	0	0	0	0	0	0
Net change in U.S. Treasury securities	89,915	72,516	843,553	646,745	131,238	89,770	90,406	78,271	64,403	76,946	77,050	80,008	2,340,821
Federal agency obligations
Outright transactions ²
Gross purchases	0	0	0	0	0	0	0	0	0	0	0	0	0
Gross sales	0	0	0	0	0	0	0	0	0	0	0	0	0
Redemptions	0	0	0	0	0	0	0	0	0	0	0	0	0
Net change in federal agency obligations	0	0	0	0	0	0	0	0	0	0	0	0	0
Mortgage-backed securities ³
Net settlements ²
Net change in mortgage-backed securities	-21,388	-15,446	85,579	147,299	230,506	76,152	22,088	15,769	33,541	17,547	3,300	35,845	630,792
Total net change in securities holdings ⁴	68,527	57,070	929,132	794,044	361,744	165,922	112,494	94,040	97,944	94,493	80,350	115,853	2,971,613
Temporary transactions
Repurchase agreements⁵	206,689	159,187	307,321	189,297	173,961	128,789	7,914	0	143	1,003	1,000	1,000	n/a
Reverse repurchase agreements ⁵	259,010	227,773	292,931	320,440	261,714	232,846	220,673	214,867	204,553	195,051	194,215	194,974	n/a
Foreign official and international accounts	254,996	225,463	242,447	277,609	259,615	232,433	220,652	214,839	204,443	195,039	194,077	194,367	n/a
Others	4,014	2,311	50,484	42,832	2,098	413	21	28	110	12	137	607	n/a

Note: Purchases of Treasury securities and federal agency obligations increase securities holdings; sales and redemptions of these securities decrease securities holdings. Exchanges occur when the Federal Reserve rolls the proceeds of maturing securities into newly issued securities, and so exchanges do not affect total securities holdings. Positive net settlements of mortgage-backed securities increase securities holdings, while negative net settlements of these securities decrease securities holdings. Components may not sum to totals because of rounding. See table 2 of the H.4.1 release (https://www.federalreserve.gov/releases/h41/) for the maturity distribution of the securities.

1. Transactions exclude changes in compensation for the effects of inflation on the principal of inflation-indexed securities. Transactions include the rollover of inflation compensation into new securities. The maturity distributions of exchanged Treasury securities are based on the announced maturity of new securities rather than actual day counts. Return to table

2. Excludes the effect of temporary transactions—repurchase agreements and reverse repurchase agreements. Return to table

3. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Monthly net change in the remaining principal balance of the securities, reported at face value. Return to table

4. The net change in securities holdings reflects the settlements of purchases, reinvestments, sales, and maturities of portfolio securities. Return to table

5. Averages of daily business cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities. For additional details on temporary transactions, see the temporary open market operations historical search available at https://apps.newyorkfed.org/markets/autorates/tomo-search-page. Return to table

n/a Not applicable.

Millions of dollars

Description	December 31			Change
Description	2020	2019	2018	2019–20	2018–19
U.S. Treasury securities ¹
Held outright ²	4,688,929	2,328,933	2,222,547	2,359,996	106,386
By remaining maturity
Bills
1–90 days	191,154	51,763	—	139,391	51,763
91 days to 1 year	134,890	117,762	—	17,128	117,762
Notes and bonds
1 year or less	708,144	303,438	384,936	404,706	(81,498)
More than 1 year through 5 years	1,759,737	893,832	958,065	865,905	(64,233)
More than 5 years through 10 years	836,893	321,591	260,898	515,302	60,693
More than 10 years	1,058,111	640,547	618,648	417,564	21,899
By type
Bills	326,044	169,525	—	156,519	169,525
Notes	3,063,037	1,290,107	1,382,654	1,772,930	(92,547)
Bonds	1,299,848	869,301	839,893	430,547	29,408
Federal agency securities ¹
Held outright ²	2,347	2,347	2,409	—	(62)
By remaining maturity
Discount notes
1–90 days	—	—	—	—	—
91 days to 1 year	—	—	—	—	—
Coupons
1 year or less	—	—	62	—	(62)
More than 1 year through 5 years	—	—	—	—	—
More than 5 years through 10 years	1,818	486	—	1,332	486
More than 10 years	529	1,861	2,347	(1,332)	(486)
By type
Discount notes	—	—	—	—	—
Coupons	2,347	2,347	2,409	—	(62)
By issuer
Federal Home Loan Mortgage Corporation	529	529	591	—	(62)
Federal National Mortgage Association	1,818	1,818	1,818	—	—
Federal Home Loan Banks	—	—	—	—	—
Mortgage-backed securities³ ^, ⁴
Held outright ²	2,039,467	1,408,677	1,637,123	630,790	(228,446)
By remaining maturity
1 year or less	4	12	4	(8)	8
More than 1 year through 5 years	2,016	1,135	214	881	921
More than 5 years through 10 years	72,044	73,528	62,706	(1,484)	10,822
More than 10 years	1,965,403	1,334,002	1,574,199	631,401	(240,197)
By issuer
Federal Home Loan Mortgage Corporation	667,007	422,087	481,436	244,920	(59,349)
Federal National Mortgage Association	888,260	652,729	761,166	235,531	(108,437)
Government National Mortgage Association	484,200	333,861	394,521	150,339	(60,660)
Temporary transactions⁵
Repurchase agreements⁶	1,000	255,619	—	(254,619)	255,619
Reverse repurchase agreements ⁶	216,051	336,649	304,012	(120,598)	32,637
Foreign official and international accounts	206,400	272,562	262,164	(66,162)	10,398
Primary dealers and expanded counterparties	9,651	64,087	41,848	(54,436)	22,239

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

1. Par value. Return to table

2. Excludes the effect of temporary transactions—repurchase agreements and reverse repurchase agreements. Return to table

3. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Return to table

4. The par amount shown is the remaining principal balance of the securities. Return to table

5. Contract amount of agreements. Return to table

6. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities. Return to table

Liability type¹	Requirement
Liability type¹	Percentage of liabilities	Effective date
Net transaction accounts	0	3/26/2020
Nonpersonal time deposits	0	12/27/1990
Eurocurrency liabilities	0	12/27/1990

Note: The table reflects the liability types and percentages of those liabilities subject to requirements for the maintenance period that contains the year end.

1. For a description of these deposit types, see Form FR 2900. Return to table

Type of office	Total	Commercial banks ¹					Savings banks
		Total	Member			Nonmember
		Total	Total	National	State	Nonmember
All banking offices
Banks
Number, Dec. 31, 2019	4,753	4,516	1,508	777	731	3,008	237
Changes during 2020
New banks	14	12	3	3	0	9	2
Banks converted into branches	-145	-142	-45	-17	-28	-97	-3
Ceased banking operations ²	-22	-20	-3	-1	-2	-17	-2
Other³	0	2	3	-5	8	-1	-2
Net change	-153	-148	-42	-20	-22	-106	-5
Number, Dec. 31, 2020	4,600	4,368	1,466	757	709	2,902	232
Branches and additional offices
Number, Dec. 31, 2019	77,937	75,660	51,209	39,189	12,020	24,451	2,277
Changes during 2020
New branches	983	935	582	419	163	353	48
Banks converted to branches	145	137	65	27	38	72	8
Discontinued ²	-3,026	-3,004	-2,311	-1,937	-374	-693	-22
Other ³	0	0	351	169	182	-351	0
Net change	-1,898	-1,932	-1,313	-1,322	9	-619	34
Number, Dec. 31, 2020	76,039	73,728	49,896	37,867	12,029	23,832	2,311
Banks affiliated with bank holding companies
Number, Dec. 31, 2019	4,026	3,906	1,369	689	680	2,537	120
Changes during 2019
BHC-affiliated new banks	36	33	7	4	3	26	3
Banks converted into branches	-134	-132	-43	-16	-27	-89	-2
Ceased banking operations ²	-24	-22	-4	-1	−3	-18	-2
Other ³	0	2	3	-5	8	-1	-2
Net change	-122	-119	-37	-18	-19	-82	-3
Number, Dec. 31, 2020	3,904	3,787	1,332	671	661	2,455	117

Note: Includes banks, banking offices, and bank holding companies in U.S. territories and possessions (affiliated insular areas).

1. For purposes of this table, banks are entities that are defined as banks in the Bank Holding Company Act, as amended, which is implemented by Federal Reserve Regulation Y. Generally, a bank is any institution that accepts demand deposits and is engaged in the business of making commercial loans or any institution that is defined as an insured bank in section 3(h) of the Federal Deposit Insurance Corporation Act. Return to table

2. Institutions that no longer meet the Regulation Y definition of a bank. Return to table

3. Interclass changes and sales of branches. Return to table

Millions of dollars

Period	Factors supplying reserve funds
	Federal Reserve Bank credit outstanding						Gold stock	Special drawing rights certificate account	Treasury currency outstanding ⁵
	Securities held outright ¹	Repurchase agreements²	Loans and other credit extensions ³	Float	Other Federal Reserve assets⁴	Total ⁴	Gold stock	Special drawing rights certificate account	Treasury currency outstanding ⁵
1984	167,612	2,015	3,577	833	12,347	186,384	11,096	4,618	16,418
1985	186,025	5,223	3,060	988	15,302	210,598	11,090	4,718	17,075
1986	205,454	16,005	1,565	1,261	17,475	241,760	11,084	5,018	17,567
1987	226,459	4,961	3,815	811	15,837	251,883	11,078	5,018	18,177
1988	240,628	6,861	2,170	1,286	18,803	269,748	11,060	5,018	18,799
1989	233,300	2,117	481	1,093	39,631	276,622	11,059	8,518	19,628
1990	241,431	18,354	190	2,222	39,897	302,091	11,058	10,018	20,402
1991	272,531	15,898	218	731	34,567	323,945	11,059	10,018	21,014
1992	300,423	8,094	675	3,253	30,020	342,464	11,056	8,018	21,447
1993	336,654	13,212	94	909	33,035	383,904	11,053	8,018	22,095
1994	368,156	10,590	223	-716	33,634	411,887	11,051	8,018	22,994
1995	380,831	13,862	135	107	33,303	428,239	11,050	10,168	24,003
1996	393,132	21,583	85	4,296	32,896	451,992	11,048	9,718	24,966
1997	431,420	23,840	2,035	719	31,452	489,466	11,047	9,200	25,543
1998	452,478	30,376	17	1,636	36,966	521,475	11,046	9,200	26,270
1999	478,144	140,640	233	-237	35,321	654,100	11,048	6,200	28,013
2000	511,833	43,375	110	901	36,467	592,686	11,046	2,200	31,643
2001	551,685	50,250	34	-23	37,658	639,604	11,045	2,200	33,017
2002	629,416	39,500	40	418	39,083	708,457	11,043	2,200	34,597
2003	666,665	43,750	62	-319	40,847	751,005	11,043	2,200	35,468
2004	717,819	33,000	43	925	42,219	794,007	11,045	2,200	36,434
2005	744,215	46,750	72	885	39,611	831,532	11,043	2,200	36,540
2006	778,915	40,750	67	-333	39,895	859,294	11,041	2,200	38,206
2007	740,611	46,500	72,636	-19	41,799	901,528	11,041	2,200	38,681
2008	495,629	80,000	1,605,848	-1,494	43,553	2,223,537	11,041	2,200	38,674
2009	1,844,838	0	281,095	-2,097	92,811	2,216,647	11,041	5,200	42,691
2010	2,161,094	0	138,311	-1,421	110,255	2,408,240	11,041	5,200	43,542
2011	2,605,124	0	144,098	-631	152,568	2,901,159	11,041	5,200	44,198
2012	2,669,589	0	11,867	-486	218,296	2,899,266	11,041	5,200	44,751
2013	3,756,158	0	2,177	-962	246,947	4,004,320	11,041	5,200	45,493
2014	4,236,873	0	3,351	-555	239,238	4,478,908	11,041	5,200	46,301
2015	4,241,958	0	2,830	-36	221,448	4,466,199	11,041	5,200	47,567
2016	4,221,187	0	7,325	-804	206,551	4,434,259	11,041	5,200	48,536
2017	4,223,528	0	13,914	-920	194,288	4,430,809	11,041	5,200	49,381
2018	3,862,079	0	4,269	-770	173,324	4,038,902	11,041	5,200	49,801
2019	3,739,957	255,619	3,770	-643	156,304	4,155,007	11,041	5,200	50,138
2020	6,730,743	1,000	216,669	-567	393,420	7,341,265	11,041	5,200	50,535
2020, month-end
Jan.	3,801,137	170,452	54	-403	159,556	4,130,796	11,041	5,200	50,176
Feb.	3,863,237	126,240	72	-396	149,949	4,139,102	11,041	5,200	50,197
Mar.	4,727,376	262,725	493,024	-654	242,177	5,724,648	11,041	5,200	50,219
Apr.	5,585,514	168,351	570,726	-958	335,293	6,658,926	11,041	5,200	50,289
May	5,955,510	182,450	616,671	-652	350,450	7,104,429	11,041	5,200	50,345
Jun.	6,124,273	57,952	442,996	-730	362,982	6,987,473	11,041	5,200	50,401
Jul.	6,231,109	0	313,615	-384	376,797	6,921,137	11,041	5,200	50,454
Aug.	6,327,578	1	289,636	-615	370,694	6,987,294	11,041	5,200	50,382
Sep.	6,430,599	1,000	223,879	-1,329	382,865	7,037,014	11,041	5,200	50,411
Oct.	6,531,692	1,000	202,492	-383	395,928	7,130,729	11,041	5,200	50,425
Nov.	6,612,639	1,000	198,157	-546	384,575	7,195,825	11,041	5,200	50,500
Dec.	6,730,743	1,000	216,669	-567	393,420	7,341,265	11,041	5,200	50,535

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

1. Includes U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities. U.S. Treasury securities and federal agency debt securities include securities lent to dealers, which are fully collateralized by U.S. Treasury securities, federal agency securities, and other highly rated debt securities. Return to table

2. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and agency mortgage-backed securities. Return to table

3. From 2015–19, includes only central bank liquidity swaps; primary, seasonal, and secondary credit; and net portfolio holdings of Maiden Lane LLC. For disaggregated loans and other credit extensions from 1984–2014, refer to "Table 6B. Loans and other credit extensions, by type, year-end 1984–2014 and month-end 2014" of the 2014 Annual Report. As of 2020, includes only central bank liquidity swaps; primary, seasonal, and secondary credit; Primary Dealer Credit Facility; Money Market Mutual Fund Liquidity Facility; Paycheck Protection Program Liquidity Facility; and net portfolio holdings of Commercial Paper Funding Facility II LLC, Corporate Credit Facilities LLC, MS Facilities LLC (Main Street Lending Program), Municipal Facility LLC, and Term Asset-Backed Securities Loan Facility II LLC. Return to table

4. As of 2013, unamortized discounts on securities held outright are included as a component of Other Federal Reserve assets. Previously, they were included in Other Federal Reserve liabilities and capital. Return to table

5. Includes currency and coin (other than gold) issued directly by the U.S. Treasury. The largest components are fractional and dollar coins. For details, refer to "U.S. Currency and Coin Outstanding and in Circulation," Treasury Bulletin. Return to table

Millions of dollars

Period	Factors absorbing reserve funds										Reserve balances with Federal Reserve Banks
	Currency in circulation	Reverse repurchase agreements⁶	Treasury cash holdings ⁷	Deposits with Federal Reserve Banks, other than reserve balances					Required clearing balances ⁹	Other Federal Reserve liabilities and capital ^4,¹⁰
	Currency in circulation	Reverse repurchase agreements⁶	Treasury cash holdings ⁷	Term deposits	Treasury general account	Treasury supplementary financing account	Foreign	Other⁸	Required clearing balances ⁹	Other Federal Reserve liabilities and capital ^4,¹⁰
1984	183,796	0	513	n/a	5,316	n/a	253	867	1,126	5,952	20,693
1985	197,488	0	550	n/a	9,351	n/a	480	1,041	1,490	5,940	27,141
1986	211,995	0	447	n/a	7,588	n/a	287	917	1,812	6,088	46,295
1987	230,205	0	454	n/a	5,313	n/a	244	1,027	1,687	7,129	40,097
1988	247,649	0	395	n/a	8,656	n/a	347	548	1,605	7,683	37,742
1989	260,456	0	450	n/a	6,217	n/a	589	1,298	1,618	8,486	36,713
1990	286,963	0	561	n/a	8,960	n/a	369	528	1,960	8,147	36,081
1991	307,756	0	636	n/a	17,697	n/a	968	1,869	3,946	8,113	25,051
1992	334,701	0	508	n/a	7,492	n/a	206	653	5,897	7,984	25,544
1993	365,271	0	377	n/a	14,809	n/a	386	636	6,332	9,292	27,967
1994	403,843	0	335	n/a	7,161	n/a	250	1,143	4,196	11,959	25,061
1995	424,244	0	270	n/a	5,979	n/a	386	2,113	5,167	12,342	22,960
1996	450,648	0	249	n/a	7,742	n/a	167	1,178	6,601	13,829	17,310
1997	482,327	0	225	n/a	5,444	n/a	457	1,171	6,684	15,500	23,447
1998	517,484	0	85	n/a	6,086	n/a	167	1,869	6,780	16,354	19,164
1999	628,359	0	109	n/a	28,402	n/a	71	1,644	7,481	17,256	16,039
2000	593,694	0	450	n/a	5,149	n/a	216	2,478	6,332	17,962	11,295
2001	643,301	0	425	n/a	6,645	n/a	61	1,356	8,525	17,083	8,469
2002	687,518	21,091	367	n/a	4,420	n/a	136	1,266	10,534	18,977	11,988
2003	724,187	25,652	321	n/a	5,723	n/a	162	995	11,829	19,793	11,054
2004	754,877	30,783	270	n/a	5,912	n/a	80	1,285	9,963	26,378	14,137
2005	794,014	30,505	202	n/a	4,573	n/a	83	2,144	8,651	30,466	10,678
2006	820,176	29,615	252	n/a	4,708	n/a	98	972	6,842	36,231	11,847
2007	828,938	43,985	259	n/a	16,120	n/a	96	1,830	6,614	41,622	13,986
2008	889,898	88,352	259	n/a	106,123	259,325	1,365	21,221	4,387	48,921	855,599
2009	928,249	77,732	239	n/a	186,632	5,001	2,411	35,262	3,020	63,219	973,814
2010	982,750	59,703	177	0	140,773	199,964	3,337	13,631	2,374	99,602	965,712
2011	1,075,820	99,900	128	0	85,737	0	125	64,909	2,480	72,766	1,559,731
2012	1,169,159	107,188	150	0	92,720	0	6,427	27,476	n/a	66,093	1,491,044
2013	1,241,228	315,924	234	0	162,399	0	7,970	26,181	n/a	63,049	2,249,070
2014	1,342,957	509,837	201	0	223,452	0	5,242	20,320	n/a	61,447	2,377,995
2015	1,424,967	712,401	266	0	333,447	0	5,231	31,212	n/a	45,320	1,977,163
2016	1,509,440	725,210	166	0	399,190	0	5,165	53,248	n/a	46,943	1,759,675
2017	1,618,006	563,958	214	0	228,933	0	5,257	77,762	n/a	47,876	1,954,426
2018	1,719,302	304,012	214	0	402,138	0	5,245	73,073	n/a	45,007	1,555,954
2019	1,807,740	336,649	171	0	403,853	0	5,182	74,075	n/a	44,867	1,548,849
2020	2,089,224	216,051	28	0	1,728,569	0	21,838	194,327	n/a	49,075	2,994,932
2020, month-end
Jan.	1,791,721	247,578	218	0	403,983	0	5,182	62,622	n/a	43,484	1,642,425
Feb.	1,801,222	228,944	287	0	357,251	0	5,187	77,563	n/a	44,156	1,690,931
Mar.	1,878,734	569,082	328	0	515,257	0	17,395	280,772	n/a	55,259	2,474,282
Apr.	1,911,867	279,813	301	0	1,180,035	0	16,351	203,242	n/a	63,655	3,070,191
May	1,948,861	257,920	207	0	1,449,129	0	16,278	168,672	n/a	48,298	3,215,150
Jun.	1,970,172	232,957	66	0	1,722,032	0	16,223	164,703	n/a	46,928	2,787,035
Jul.	1,995,243	226,178	49	0	1,763,090	0	16,229	136,719	n/a	47,290	2,689,036
Aug.	2,017,111	221,435	62	0	1,705,982	0	16,620	145,873	n/a	47,791	2,785,042
Sep.	2,032,544	205,233	25	0	1,781,679	0	18,916	160,477	n/a	47,545	2,743,246
Oct.	2,045,796	204,912	49	0	1,598,798	0	21,251	183,348	n/a	47,997	2,981,246
Nov.	2,067,346	191,550	44	0	1,622,986	0	21,284	165,736	n/a	49,737	3,029,883
Dec.	2,089,224	216,051	28	0	1,728,569	0	21,838	194,327	n/a	49,075	2,994,932

6. Cash value of agreements, which are collaterized by U.S. Treasury securities, federal agency debt securities, and agency mortgage-backed securities. Return to table

7. Coin and paper currency held by the Treasury. Return to table

8. As of 2014, includes deposits of designated financial market utilities. Return to table

9. Required clearing balances were discontinued in July 2012. Return to table

10. In 2010, includes funds from American International Group, Inc. asset dispositions, held as agent. In 2020, includes equity investments in Commercial Paper Funding Facility II LLC, Corporate Credit Facilities LLC, MS Facilities LLC (Main Street Lending Program), Municipal Facility LLC, and Term Asset-Backed Securities Loan Facility II LLC. Return to table

n/a Not applicable.

Millions of dollars

Period	Factors supplying reserve funds
	Federal Reserve Bank credit outstanding							Gold stock⁶	Special drawing rights certificate account	Treasury currency outstanding ⁷
	Securities held outright ¹	Repurchase agreements²	Loans	Float³	All other⁴	Other Federal Reserve assets⁵	Total	Gold stock⁶	Special drawing rights certificate account	Treasury currency outstanding ⁷
1918	239	0	1,766	199	294	0	2,498	2,873	n/a	1,795
1919	300	0	2,215	201	575	0	3,292	2,707	n/a	1,707
1920	287	0	2,687	119	262	0	3,355	2,639	n/a	1,709
1921	234	0	1,144	40	146	0	1,563	3,373	n/a	1,842
1922	436	0	618	78	273	0	1,405	3,642	n/a	1,958
1923	80	54	723	27	355	0	1,238	3,957	n/a	2,009
1924	536	4	320	52	390	0	1,302	4,212	n/a	2,025
1925	367	8	643	63	378	0	1,459	4,112	n/a	1,977
1926	312	3	637	45	384	0	1,381	4,205	n/a	1,991
1927	560	57	582	63	393	0	1,655	4,092	n/a	2,006
1928	197	31	1,056	24	500	0	1,809	3,854	n/a	2,012
1929	488	23	632	34	405	0	1,583	3,997	n/a	2,022
1930	686	43	251	21	372	0	1,373	4,306	n/a	2,027
1931	775	42	638	20	378	0	1,853	4,173	n/a	2,035
1932	1,851	4	235	14	41	0	2,145	4,226	n/a	2,204
1933	2,435	2	98	15	137	0	2,688	4,036	n/a	2,303
1934	2,430	0	7	5	21	0	2,463	8,238	n/a	2,511
1935	2,430	1	5	12	38	0	2,486	10,125	n/a	2,476
1936	2,430	0	3	39	28	0	2,500	11,258	n/a	2,532
1937	2,564	0	10	19	19	0	2,612	12,760	n/a	2,637
1938	2,564	0	4	17	16	0	2,601	14,512	n/a	2,798
1939	2,484	0	7	91	11	0	2,593	17,644	n/a	2,963
1940	2,184	0	3	80	8	0	2,274	21,995	n/a	3,087
1941	2,254	0	3	94	10	0	2,361	22,737	n/a	3,247
1942	6,189	0	6	471	14	0	6,679	22,726	n/a	3,648
1943	11,543	0	5	681	10	0	12,239	21,938	n/a	4,094
1944	18,846	0	80	815	4	0	19,745	20,619	n/a	4,131
1945	24,262	0	249	578	2	0	25,091	20,065	n/a	4,339
1946	23,350	0	163	580	1	0	24,093	20,529	n/a	4,562
1947	22,559	0	85	535	1	0	23,181	22,754	n/a	4,562
1948	23,333	0	223	541	1	0	24,097	24,244	n/a	4,589
1949	18,885	0	78	534	2	0	19,499	24,427	n/a	4,598
1950	20,725	53	67	1,368	3	0	22,216	22,706	n/a	4,636
1951	23,605	196	19	1,184	5	0	25,009	22,695	n/a	4,709
1952	24,034	663	156	967	4	0	25,825	23,187	n/a	4,812
1953	25,318	598	28	935	2	0	26,880	22,030	n/a	4,894
1954	24,888	44	143	808	1	0	25,885	21,713	n/a	4,985
1955	24,391	394	108	1,585	29	0	26,507	21,690	n/a	5,008
1956	24,610	305	50	1,665	70	0	26,699	21,949	n/a	5,066
1957	23,719	519	55	1,424	66	0	25,784	22,781	n/a	5,146
1958	26,252	95	64	1,296	49	0	27,755	20,534	n/a	5,234
1959	26,607	41	458	1,590	75	0	28,771	19,456	n/a	5,311
1960	26,984	400	33	1,847	74	0	29,338	17,767	n/a	5,398
1961	28,722	159	130	2,300	51	0	31,362	16,889	n/a	5,585
1962	30,478	342	38	2,903	110	0	33,871	15,978	n/a	5,567
1963	33,582	11	63	2,600	162	0	36,418	15,513	n/a	5,578
1964	36,506	538	186	2,606	94	0	39,930	15,388	n/a	5,405
1965	40,478	290	137	2,248	187	0	43,340	13,733	n/a	5,575
1966	43,655	661	173	2,495	193	0	47,177	13,159	n/a	6,317
1967	48,980	170	141	2,576	164	0	52,031	11,982	n/a	6,784
1968	52,937	0	186	3,443	58	0	56,624	10,367	n/a	6,795
1969	57,154	0	183	3,440	64	2,743	63,584	10,367	n/a	6,852
1970	62,142	0	335	4,261	57	1,123	67,918	10,732	400	7,147
1971	69,481	1,323	39	4,343	261	1,068	76,515	10,132	400	7,710
1972	71,119	111	1,981	3,974	106	1,260	78,551	10,410	400	8,313
1973	80,395	100	1,258	3,099	68	1,152	86,072	11,567	400	8,716
1974	84,760	954	299	2,001	999	3,195	92,208	11,652	400	9,253
1975	92,789	1,335	211	3,688	1,126	3,312	102,461	11,599	500	10,218
1976	100,062	4,031	25	2,601	991	3,182	110,892	11,598	1,200	10,810
1977	108,922	2,352	265	3,810	954	2,442	118,745	11,718	1,250	11,331
1978	117,374	1,217	1,174	6,432	587	4,543	131,327	11,671	1,300	11,831
1979	124,507	1,660	1,454	6,767	704	5,613	140,705	11,172	1,800	13,083
1980	128,038	2,554	1,809	4,467	776	8,739	146,383	11,160	2,518	13,427
1981	136,863	3,485	1,601	1,762	195	9,230	153,136	11,151	3,318	13,687
1982	144,544	4,293	717	2,735	1,480	9,890	163,659	11,148	4,618	13,786
1983	159,203	1,592	918	1,605	418	8,728	172,464	11,121	4,618	15,732

Note: For a description of figures and discussion of their significance, see Banking and Monetary Statistics, 1941–1970 (Board of Governors of the Federal Reserve System, 1976), pp. 507–23. Components may not sum to totals because of rounding.

1. In 1969 and thereafter, includes securities loaned—fully guaranteed by U.S. government securities pledged with Federal Reserve Banks—and excludes securities sold and scheduled to be bought back under matched sale–purchase transactions. On September 29, 1971, and thereafter, includes federal agency issues bought outright. Return to table

2. On December 1, 1966, and thereafter, includes federal agency obligations held under repurchase agreements. Return to table

3. In 1960 and thereafter, figures reflect a minor change in concept; refer to Federal Reserve Bulletin, vol. 47 (February 1961), p. 164. Return to table

4. Principally acceptances and, until August 21, 1959, industrial loans, the authority for which expired on that date. Return to table

5. For the period before April 16, 1969, includes the total of Federal Reserve capital paid in, surplus, other capital accounts, and other liabilities and accrued dividends, less the sum of bank premises and other assets, and is reported as "Other Federal Reserve accounts"; thereafter, "Other Federal Reserve assets" and "Other Federal Reserve liabilities and capital" are shown separately. Return to table

6. Before January 30, 1934, includes gold held in Federal Reserve Banks and in circulation. Return to table

7. Includes currency and coin (other than gold) issued directly by the Treasury. The largest components are fractional and dollar coins. For details refer to ‘‘U.S. Currency and Coin Outstanding and in Circulation,'' Treasury Bulletin. Return to table

n/a Not applicable.

Millions of dollars

Period	Factors absorbing reserve funds								Member bank reserves ⁹
	Currency in circulation	Treasury cash holdings ⁸	Deposits with Federal Reserve Banks, other than reserve balances			Other Federal Reserve accounts ⁵	Required clearing balances	Other Federal Reserve liabilities and capital ⁵	Member bank reserves ⁹
	Currency in circulation	Treasury cash holdings ⁸	Treasury	Foreign	Other	Other Federal Reserve accounts ⁵	Required clearing balances	Other Federal Reserve liabilities and capital ⁵	With Federal Reserve Banks	Currency and coin ¹⁰	Required ¹¹	Excess ^11, ¹²
1918	4,951	288	51	96	25	118	0	0	1,636	n/a	1,585	51
1919	5,091	385	31	73	28	208	0	0	1,890	n/a	1,822	68
1920	5,325	218	57	5	18	298	0	0	1,781	n/a	n/a	n/a
1921	4,403	214	96	12	15	285	0	0	1,753	n/a	1,654	99
1922	4,530	225	11	3	26	276	0	0	1,934	n/a	n/a	n/a
1923	4,757	213	38	4	19	275	0	0	1,898	n/a	1,884	14
1924	4,760	211	51	19	20	258	0	0	2,220	n/a	2,161	59
1925	4,817	203	16	8	21	272	0	0	2,212	n/a	2,256	-44
1926	4,808	201	17	46	19	293	0	0	2,194	n/a	2,250	-56
1927	4,716	208	18	5	21	301	0	0	2,487	n/a	2,424	63
1928	4,686	202	23	6	21	348	0	0	2,389	n/a	2,430	-41
1929	4,578	216	29	6	24	393	0	0	2,355	n/a	2,428	-73
1930	4,603	211	19	6	22	375	0	0	2,471	n/a	2,375	96
1931	5,360	222	54	79	31	354	0	0	1,961	n/a	1,994	-33
1932	5,388	272	8	19	24	355	0	0	2,509	n/a	1,933	576
1933	5,519	284	3	4	128	360	0	0	2,729	n/a	1,870	859
1934	5,536	3,029	121	20	169	241	0	0	4,096	n/a	2,282	1,814
1935	5,882	2,566	544	29	226	253	0	0	5,587	n/a	2,743	2,844
1936	6,543	2,376	244	99	160	261	0	0	6,606	n/a	4,622	1,984
1937	6,550	3,619	142	172	235	263	0	0	7,027	n/a	5,815	1,212
1938	6,856	2,706	923	199	242	260	0	0	8,724	n/a	5,519	3,205
1939	7,598	2,409	634	397	256	251	0	0	11,653	n/a	6,444	5,209
1940	8,732	2,213	368	1,133	599	284	0	0	14,026	n/a	7,411	6,615
1941	11,160	2,215	867	774	586	291	0	0	12,450	n/a	9,365	3,085
1942	15,410	2,193	799	793	485	256	0	0	13,117	n/a	11,129	1,988
1943	20,449	2,303	579	1,360	356	339	0	0	12,886	n/a	11,650	1,236
1944	25,307	2,375	440	1,204	394	402	0	0	14,373	n/a	12,748	1,625
1945	28,515	2,287	977	862	446	495	0	0	15,915	n/a	14,457	1,458
1946	28,952	2,272	393	508	314	607	0	0	16,139	n/a	15,577	562
1947	28,868	1,336	870	392	569	563	0	0	17,899	n/a	16,400	1,499
1948	28,224	1,325	1123	642	547	590	0	0	20,479	n/a	19,277	1,202
1949	27,600	1,312	821	767	750	706	0	0	16,568	n/a	15,550	1,018
1950	27,741	1,293	668	895	565	714	0	0	17,681	n/a	16,509	1,172
1951	29,206	1,270	247	526	363	746	0	0	20,056	n/a	19,667	389
1952	30,433	1,270	389	550	455	777	0	0	19,950	n/a	20,520	-570
1953	30,781	761	346	423	493	839	0	0	20,160	n/a	19,397	763
1954	30,509	796	563	490	441	907	0	0	18,876	n/a	18,618	258
1955	31,158	767	394	402	554	925	0	0	19,005	n/a	18,903	102
1956	31,790	775	441	322	426	901	0	0	19,059	n/a	19,089	-30
1957	31,834	761	481	356	246	998	0	0	19,034	n/a	19,091	-57
1958	32,193	683	358	272	391	1,122	0	0	18,504	n/a	18,574	-70
1959	32,591	391	504	345	694	841	0	0	18,174	310	18,619	-135
1960	32,869	377	485	217	533	941	0	0	17,081	2,544	18,988	637
1961	33,918	422	465	279	320	1,044	0	0	17,387	2,823	20,114	96
1962	35,338	380	597	247	393	1,007	0	0	17,454	3,262	20,071	645
1963	37,692	361	880	171	291	1,065	0	0	17,049	4,099	20,677	471
1964	39,619	612	820	229	321	1,036	0	0	18,086	4,151	21,663	574
1965	42,056	760	668	150	355	211	0	0	18,447	4,163	22,848	-238
1966	44,663	1,176	416	174	588	-147	0	0	19,779	4,310	24,321	-232
1967	47,226	1,344	1,123	135	653	-773	0	0	21,092	4,631	25,905	-182
1968	50,961	695	703	216	747	-1,353	0	0	21,818	4,921	27,439	-700
1969	53,950	596	1,312	134	807	0	0	1,919	22,085	5,187	28,173	-901
1970	57,093	431	1,156	148	1,233	0	0	1,986	24,150	5,423	30,033	-460
1971	61,068	460	2,020	294	999	0	0	2,131	27,788	5,743	32,496	1,035
1972	66,516	345	1,855	325	840	0	0	2,143	25,647	6,216	32,044	98
1973	72,497	317	2,542	251	1,149¹³	0	0	2,669	27,060	6,781	35,268	-1,360
1974	79,743	185	3,113	418	1,275 ¹³	0	0	2,935	25,843	7,370	37,011	-3,798
1975	86,547	483	7,285	353	1,090	0	0	2,968	26,052	8,036	35,197	-1,103¹⁴
1976	93,717	460	10,393	352	1,357	0	0	3,063	25,158	8,628	35,461	-1,535
1977	103,811	392	7,114	379	1,187	0	0	3,292	26,870	9,421	37,615	-1,265
1978	114,645	240	4,196	368	1,256	0	0	4,275	31,152	10,538	42,694	-893
1979	125,600	494	4,075	429	1,412	0	0	4,957	29,792	11,429	44,217	-2,835
1980	136,829	441	3,062	411	617	0	0	4,671	27,456	13,654	40,558	675
1981	144,774	443	4,301	505	781	0	117	5,261	25,111	15,576	42,145	-1,442
1982	154,908	429	5,033	328	1,033	0	436	4,990	26,053	16,666	41,391	1,328
1983	171,935	479	3,661	191	851	0	1,013	5,392	20,413	17,821	39,179	-945

8. Coin and paper currency held by the Treasury, as well as any gold in excess of the gold certificates issued to the Reserve Bank. Return to table

9. In November 1979 and thereafter, includes reserves of member banks, Edge Act corporations, and U.S. agencies and branches of foreign banks. On November 13, 1980, and thereafter, includes reserves of all depository institutions. Return to table

10. Between December 1, 1959, and November 23, 1960, part was allowed as reserves; thereafter, all was allowed. Return to table

11. Estimated through 1958. Before 1929, data were available only on call dates (in 1920 and 1922 the call date was December 29). SinceSeptember 12, 1968, the amount has been based on close-of-business figures for the reserve period two weeks before the report date. Return to table

12. For the week ending November 15, 1972, and thereafter, includes $450 million of reserve deficiencies on which Federal Reserve Banks are allowed to waive penalties for a transition period in connection with bank adaptation to Regulation J as amended, effective November 9, 1972. Allowable deficiencies are as follows (beginning with first statement week of quarter, in millions): 1973—Q1, $279; Q2, $172; Q3, $112; Q4, $84; 1974—Q1, $67; Q2, $58. The transition period ended with the second quarter of 1974. Return to table

13. For the period before July 1973, includes certain deposits of domestic nonmember banks and foreign-owned banking institutions held with member banks and redeposited in full with Federal Reserve Banks in connection with voluntary participation by nonmember institutions in the Federal Reserve System program of credit restraint. As of December 12, 1974, the amount of voluntary nonmember bank and foreign-agency and branch deposits at Federal Reserve Banks that are associated with marginal reserves is no longer reported. However, two amounts are reported: (1) deposits voluntarily held as reserves by agencies and branches of foreign banks operating in the United States and (2) Eurodollar liabilities. Return to table

14. Adjusted to include waivers of penalties for reserve deficiencies, in accordance with change in Board policy, effective November 19, 1975. Return to table

n/a Not applicable.

Millions of dollars, except as noted

Item	Total	Member banks			Nonmember banks
Item	Total	Total	National	State	Nonmember banks
2020
Assets
Loans and investments	13,768,118	10,957,632	8,917,674	2,039,958	2,810,485
Loans, gross	9,773,863	7,478,505	6,065,786	1,412,719	2,295,358
Net	9,770,358	7,476,610	6,064,359	1,412,252	2,293,748
Investments	3,994,254	3,479,127	2,851,888	627,239	515,127
U.S. government securities	796,738	757,345	668,668	88,677	39,393
Other	3,197,517	2,721,782	2,183,220	538,562	475,734
Cash assets, total	2,189,551	1,895,457	1,516,153	379,304	294,094
Liabilities
Deposits, total	14,391,906	11,724,208	9,591,713	2,132,494	2,667,699
Interbank	305,180	282,167	235,742	46,425	23,013
Other transactions	2,865,179	2,362,351	1,718,761	643,590	502,828
Other nontransactions	11,221,548	9,079,690	7,637,210	1,442,480	2,141,858
Equity capital	2,008,346	1,632,639	1,330,759	301,880	375,707
Number of banks	4,421	1,479	778	701	2,942
2019
Assets
Loans and investments	12,443,668	10,118,249	7,977,653	2,140,595	2,325,419
Loans, gross	9,068,571	7,171,574	5,640,140	1,531,434	1,896,997
Net	9,066,524	7,170,233	5,639,087	1,531,147	1,896,291
Investments	3,375,097	2,946,675	2,337,514	609,161	428,422
U.S. government securities	517,970	490,846	421,415	69,430	27,125
Other	2,857,127	2,455,830	1,916,098	539,731	401,297
Cash assets, total	1,044,605	894,894	708,430	186,464	149,711
Liabilities
Deposits, total	11,764,419	9,668,697	7,666,782	2,001,915	2,095,722
Interbank	259,729	237,395	193,824	43,570	22,335
Other transactions	1,923,550	1,577,689	1,196,523	381,166	345,860
Other nontransactions	9,581,140	7,853,613	6,276,435	1,577,178	1,727,527
Equity capital	1,955,665	1,627,673	1,287,905	339,768	327,991
Number of banks	4,621	1,542	798	744	3,079

Note: Includes U.S.-insured commercial banks located in the United States but not U.S.-insured commercial banks operating in U.S. territories or possessions. Data are domestic assets and liabilities (except for those components reported on a consolidated basis only). Components may not sum to totals because of rounding. Data for 2019 have been revised.

Percent of market value

Effective date	Margin stocks	Convertible bonds	Short sales, T only ¹
1934, Oct. 1	25–45	n/a	n/a
1936, Feb. 1	25–55	n/a	n/a
1936, Apr. 1	55	n/a	n/a
1937, Nov. 1	40	n/a	50
1945, Feb. 5	50	n/a	50
1945, July 5	75	n/a	75
1946, Jan. 21	100	n/a	100
1947, Feb. 1	75	n/a	75
1949, Mar. 3	50	n/a	50
1951, Jan. 17	75	n/a	75
1953, Feb. 20	50	n/a	50
1955, Jan. 4	60	n/a	60
1955, Apr. 23	70	n/a	70
1958, Jan. 16	50	n/a	50
1958, Aug. 5	70	n/a	70
1958, Oct. 16	90	n/a	90
1960, July 28	70	n/a	70
1962, July 10	50	n/a	50
1963, Nov. 6	70	n/a	70
1968, Mar. 11	70	50	70
1968, June 8	80	60	80
1970, May 6	65	50	65
1971, Dec. 6	55	50	55
1972, Nov. 24	65	50	65
1974, Jan. 3	50	50	50

Note: These regulations, adopted by the Board of Governors pursuant to the Securities Exchange Act of 1934, limit the amount of credit that may be extended for the purpose of purchasing or carrying margin securities (as defined in the regulations) when the loan is collateralized by such securities. The margin requirement, expressed as a percentage, is the difference between the market value of the securities being purchased or carried (100 percent) and the maximum loan value of the collateral as prescribed by the Board. Regulation T was adopted effective October 1, 1934; Regulation U, effective May 1, 1936; and Regulation X, effective November 1, 1971. The former Regulation G, which was adopted effective March 11, 1968, was merged into Regulation U, effective April 1, 1998.

1. From October 1, 1934, to October 31, 1937, the requirement was the margin "customarily required" by the brokers and dealers. Return to table

n/a Not applicable.

Millions of dollars

Item	Total		Boston		New York		Philadelphia		Cleveland		Richmond
Item	2020	2019	2020	2019	2020	2019	2020	2019	2020	2019	2020	2019
Assets
Gold certificates	11,037	11,037	337	351	3,665	3,707	319	327	524	531	753	754
Special drawing rights certificates	5,200	5,200	196	196	1,818	1,818	210	210	237	237	412	412
Coin	1,563	1,657	31	40	39	41	130	146	86	100	206	220
Loans and securities
Primary, secondary, and seasonal loans	1,602	42	62	*	876	10	10	0	1	0	49	0
Other loans	54,535	0	4,773	0	8,615	0	6,264	0	1,559	0	3,083	0
Securities purchased under agreements to resell¹	1,000	255,619	22	5,303	518	139,458	23	6,190	31	7,479	63	15,643
Treasury securities, bought outright ²	4,688,929	2,328,933	105,298	48,316	2,427,729	1,270,598	106,976	56,399	146,702	68,139	293,874	142,522
Government-sponsored enterprise debt securities, bought outright ²	2,347	2,347	53	49	1,215	1,280	54	57	73	69	147	144
Federal agency and government-sponsored enterprise mortgage-backed securities, bought outright ³	2,039,467	1,408,677	45,800	29,225	1,055,950	768,533	46,530	34,113	63,809	41,214	127,822	86,206
Unamortized premiums on securities held outright⁴	343,009	124,577	7,703	2,584	177,596	67,965	7,826	3,017	10,732	3,645	21,498	7,624
Unamortized discounts on securities held outright ⁴	-5,532	-13,284	-124	-276	-2,864	-7,247	-126	-322	-173	-389	-347	-813
Total loans and securities	7,125,357	4,106,911	163,587	85,201	3,669,635	2,240,597	167,557	99,454	222,734	120,157	446,189	251,326
Consolidated variable interest entities: Assets held, net ⁵	140,335	n/a	51,790	n/a	88,545	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Accrued interest receivable - System Open Market Account	30,057	20,746	677	432	15,548	11,303	687	505	945	610	1,895	1,280
Foreign currency denominated investments⁶	22,204	20,711	1,054	892	7,462	6,572	799	1,197	1,897	1,653	4,687	4,416
Central bank liquidity swaps ⁷	17,883	3,728	849	161	6,010	1,183	644	215	1,528	298	3,775	795
Other assets
Items in process of collection	132	82	*	*	*	*	*	1	*	*	*	*
Bank premises	2,229	2,211	101	105	462	463	134	92	127	119	185	193
Deferred asset - remittances to the Treasury	926	0	-12	0	1,055	0	3	0	-13	0	-45	0
All other assets ⁸	2,970	1,358	1,579	43	258	335	38	29	63	56	348	307
Interdistrict settlement account	0	0	-4,919	22,285	167,835	-164,555	-8,481	-16,586	86,860	17,803	108,472	17,982
Total assets	7,359,893	4,173,641	215,270	109,706	3,962,332	2,101,464	162,040	85,590	314,988	141,564	566,877	277,685
Liabilities
Federal Reserve notes outstanding	2,192,130	1,955,848	66,817	60,820	705,757	639,066	61,623	57,605	101,042	94,047	164,169	133,974
Less: Notes held by Federal Reserve Bank	151,855	196,421	4,534	5,475	30,162	51,623	5,594	7,978	7,610	8,280	12,910	15,317
Federal Reserve notes outstanding, net	2,040,275	1,759,427	62,283	55,345	675,595	587,443	56,029	49,627	93,432	85,767	151,259	118,657
Securities sold under agreements to repurchase ¹	216,051	336,649	4,852	6,984	111,862	183,666	4,929	8,152	6,760	9,849	13,541	20,602
Deposits
Depository institutions	2,994,932	1,548,849	107,297	45,313	1,274,441	884,120	99,375	26,040	207,045	42,395	392,342	129,285
Treasury, general account	1,728,569	403,853	n/a	n/a	1,728,569	403,853	n/a	n/a	n/a	n/a	n/a	n/a
Foreign, official accounts	21,838	5,182	2	2	21,812	5,154	1	2	3	3	8	9
Other ⁹	195,827	74,074	1,859	65	56,432	21,584	0	0	4,017	37	766	346
Total deposits	4,941,166	2,031,958	109,158	45,380	3,081,254	1,314,711	99,376	26,042	211,065	42,435	393,116	129,640
Other liabilities
Accrued remittances to the Treasury ¹⁰	0	2,114	0	14	0	947	0	221	0	40	0	155
Deferred credit items	698	725	0	0	0	0	0	0	0	0	0	0
Consolidated variable interest entities: Other liabilities	213	n/a	187	n/a	26	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Deposit - Treasury funding of lending facility credit protection	1,500	n/a	1,500	n/a	0	n/a	n/a	n/a	n/a	n/a	n/a	n/a
All other liabilities ¹¹	10,143	4,245	410	154	4,876	1,751	297	162	340	181	799	500
Total liabilities	7,210,046	4,135,118	178,390	107,877	3,873,613	2,088,518	160,631	84,204	311,597	138,272	558,715	269,554
Capital accounts
Capital paid-in	32,376	31,698	1,470	1,505	10,880	10,653	1,163	1,141	2,800	2,709	6,738	6,690
Surplus (including accumulated other comprehensive loss)	6,825	6,825	310	324	2,294	2,294	245	246	590	583	1,420	1,441
Total Reserve Bank capital	39,201	38,523	1,780	1,829	13,174	12,947	1,408	1,387	3,390	3,292	8,158	8,131
Consolidated variable interest entities formed to administer credit and liquidity facilities: Non-controlling interest	110,646	n/a	35,098	n/a	75,548	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Total Reserve Bank capital and consolidated variable interest entities non-controlling interest	149,847	38,523	36,878	1,829	88,722	12,947	1,408	1,387	3,390	3,292	8,158	8,131
Total liabilities and capital accounts	7,359,893	4,173,641	215,268	109,706	3,962,335	2,101,465	162,039	85,591	314,987	141,564	566,873	277,685

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

1. Contract amount of agreements. Return to table

2. Par value. Includes securities loaned—fully collateralized by U.S. Treasury securities, other investment-grade securities, and collateral eligible for tri-party repurchase agreements pledged with Federal Reserve Banks. Return to table

3. The par amount shown is the remaining principal balance of the securities. Return to table

4. Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been amortized. Return to table

5. The Federal Reserve Bank of Boston is the primary beneficiary of MS Facilities LLC (Main Street Lending Program), and the Federal Reserve Bank of New York is the primary beneficiary of Commercial Paper Funding Facility LLC, Corporate Credit Facilities LLC, Municipal Liquidity Facility LLC, and Term Asset-Backed Securities Loan Facility II LLC. As a result, the accounts and results of operations of those LLCs are included in the combined financial statements of the Federal Reserve Banks. Return to table

6. Valued daily at market exchange rates. Return to table

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. Return to table

8. Includes furniture and equipment and depository institution overdrafts. Return to table

9. Includes deposits of government-sponsored enterprises (GSEs), the Consumer Financial Protection Bureau, international organizations, and designated financial market utilities. Return to table

10. Represents the estimated weekly remittances to the U.S. Treasury. Return to table

11. Includes accrued benefit costs and cash collateral posted by counterparties under commitments to purchase and sell federal agency and GSE MBS. Return to table

* Less than $500,000.

n/a Not applicable.

Millions of dollars

Item	Atlanta		Chicago		St. Louis		Minneapolis		Kansas City		Dallas		San Francisco
Item	2020	2019	2020	2019	2020	2019	2020	2019	2020	2019	2020	2019	2020	2019
Assets
Gold certificates	1,529	1,560	713	711	329	328	180	186	297	292	920	890	1,471	1,400
Special drawing rights certificates	654	654	424	424	150	150	90	90	153	153	282	282	574	574
Coin	154	169	258	276	33	31	43	48	106	113	183	192	293	282
Loans and securities
Primary, secondary, and seasonal loans	37	1	95	19	1	1	10	9	16	1	47	*	398	1
Other Loans, net	2,120	0	1,403	0	1,383	0	7,945	0	4,451	0	1,865	0	11,073	0
Securities purchased under agreements to resell ¹	74	17,477	56	13,418	16	3,674	9	2,212	16	3,790	48	11,099	124	29,875
Treasury securities, bought outright ²	345,557	159,236	261,899	122,249	74,084	33,473	44,314	20,153	74,564	34,534	225,979	101,125	581,953	272,189
Government-sponsored enterprise debt securities, bought outright ²	173	160	131	123	37	34	22	20	37	35	113	102	291	274
Federal agency and government-sponsored enterprise mortgage-backed securities, bought outright ³	150,301	96,316	113,914	73,943	32,223	20,246	19,274	12,190	32,432	20,888	98,290	61,166	253,123	164,636
Unamortized premiums on securities held outright ⁴	25,279	8,518	19,159	6,539	5,419	1,790	3,242	1,078	5,455	1,847	16,531	5,409	42,572	14,560
Unamortized discounts on securities held outright ⁴	-408	-908	-309	-697	-87	-191	-52	-115	-88	-197	-267	-577	-687	-1,553
Total loans and securities	523,133	280,800	396,348	215,594	113,076	59,027	74,764	35,547	116,883	60,898	342,606	178,324	888,847	479,982
Consolidated variable interest entities: Assets held, net ⁵	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Accrued interest receivable - System Open Market Account	2,213	1,418	1,677	1,088	475	298	284	179	478	307	1,446	899	3,732	2,427
Foreign currency denominated investments ⁶	1,101	1,204	862	865	364	316	174	98	234	201	264	256	3,306	3,041
Central bank liquidity swaps ⁷	887	217	694	156	293	57	140	18	189	36	212	46	2,663	547
Other assets
Items in process of collection	132	81	*	*	*	*	*	*	*	*	*	*	*	*
Bank premises	200	203	186	194	97	102	91	93	231	228	219	224	197	196
Deferred asset - remittances to the Treasury	-68	0	17	0	11	0	9	0	2	0	24	0	-57	0
All other assets⁸	85	80	52	46	100	107	83	66	131	103	59	57	177	130
Interdistrict settlement account	-112,353	32,067	5,189	32,779	-19,246	10,206	-12,985	4,961	-12,766	12,287	-31,818	23,822	-165,789	6,951
Total assets	417,667	318,453	406,420	252,133	95,682	70,622	62,873	41,286	105,938	74,618	314,397	204,992	735,414	495,530
Liabilities
Federal Reserve notes outstanding	302,765	273,526	142,287	126,522	63,686	59,561	36,247	31,925	59,920	54,132	186,470	164,272	301,347	260,398
Less: Notes held by Federal Reserve Bank	21,798	29,567	9,680	11,593	4,660	4,775	2,680	2,837	4,736	6,680	13,854	18,681	33,638	33,616
Federal Reserve notes outstanding, net	280,967	243,959	132,607	114,929	59,026	54,786	33,567	29,088	55,184	47,452	172,616	145,591	267,709	226,782
Securities sold under agreements to repurchase ¹	15,922	23,018	12,067	17,671	3,414	4,839	2,042	2,913	3,436	4,992	10,412	14,618	26,815	39,345
Deposits
Depository institutions	114,835	47,428	140,534	69,052	32,260	10,200	26,641	8,744	40,311	19,336	125,751	43,935	434,101	223,003
Treasury, general account	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Foreign, official accounts	2	2	2	2	1	1	0	*	0	*	0	*	6	6
Other⁹	2,804	913	119,069	48,592	1	3	87	103	6,324	2,256	4,446	74	21	102
Total deposits	117,641	48,343	259,605	117,646	32,262	10,204	26,728	8,847	46,635	21,592	130,197	44,009	434,128	223,111
Other liabilities
Accrued remittances to the Treasury¹⁰	0	256	0	90	0	41	0	3	0	13	0	123	0	212
Deferred credit items	696	713	0	0	0	0	0	*	3	12	0	0	0	0
Consolidated variable interest entities: Other liabilities	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Deposit - Treasury funding of lending facility credit protection	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
All other liabilities¹¹	668	254	604	301	238	120	201	134	257	151	464	194	989	344
Total liabilities	415,894	316,543	404,883	250,637	94,940	69,990	62,538	40,985	105,515	74,212	313,689	204,535	729,641	489,794
Capital accounts
Capital paid-in	1,464	1,572	1,269	1,231	616	520	275	248	350	334	583	376	4,768	4,720
Surplus (including accumulated other comprehensive loss)	309	338	267	265	130	112	58	53	74	72	123	81	1,005	1,016
Total Reserve Bank capital	1,773	1,910	1,536	1,496	746	632	333	301	424	406	706	457	5,773	5,736
Consolidated variable interest entities formed to administer credit and liquidity facilities: Non-controlling interest	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Total Reserve Bank capital and consolidated variable interest entities non-controlling interest	1,773	1,910	1,536	1,496	746	632	333	301	424	406	706	457	5,773	5,736
Total liabilities and capital accounts	417,667	318,453	406,419	252,133	95,686	70,622	62,871	41,286	105,939	74,618	314,395	204,992	735,414	495,530

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

1. Contract amount of agreements. Return to table

2. Par value. Includes securities loaned—fully collateralized by U.S. Treasury securities, other investment-grade securities, and collateral eligible for tri-party repurchase agreements pledged with Federal Reserve Banks. Return to table

3. The par amount shown is the remaining principal balance of the securities. Return to table

4. Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been amortized. Return to table

5. The Federal Reserve Bank of Boston is the primary beneficiary of MS Facilities LLC (Main Street Lending Program), and the Federal Reserve Bank of New York is the primary beneficiary of Commercial Paper Funding Facility LLC, Corporate Credit Facilities LLC, Municipal Liquidity Facility LLC, and Term Asset-Backed Securities Loan Facility II LLC. As a result, the accounts and results of operations of those LLCs are included in the combined financial statements of the Federal Reserve Banks. Return to table

6. Valued daily at market exchange rates. Return to table

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. Return to table

8. Includes furniture and equipment and depository institution overdrafts. Return to table

9. Includes deposits of government-sponsored enterprises (GSEs), the Consumer Financial Protection Bureau, international organizations, and designated financial market utilities. Return to table

10. Represents the estimated weekly remittances to the U.S. Treasury. Return to table

11. Includes accrued benefit costs and cash collateral posted by counterparties under commitments to purchase and sell federal agency and GSE MBS. Return to table

* Less than $500,000.

n/a Not applicable.

Millions of dollars

Item	2020	2019
Federal Reserve notes outstanding	2,192,130	1,955,848
Less: Notes held by Federal Reserve Banks not subject to collateralization	151,855	196,421
Collateralized Federal Reserve notes	2,040,275	1,759,427

Collateral for Federal Reserve notes
Gold certificates	11,037	11,037
Special drawing rights certificates	5,200	5,200
U.S. Treasury securities¹	2,024,038	1,743,190
Total collateral	2,040,275	1,759,427

1. Face value. Includes compensation to adjust for the effect of inflation on the original face value of inflation-indexed securities. Return to table

Thousands of dollars

Item	Total	Boston	New York	Philadelphia	Cleveland	Richmond
Current income
Interest income
Primary, secondary, and seasonal loans	22,180	711	14,513	201	283	215
Other loans, net	336,222	186,634	37,059	12,755	4,178	10,749
Interest income on securities purchased under agreements to resell	723,351	15,115	392,880	17,428	21,292	44,360
Treasury securities	67,539,231	1,484,766	35,488,362	1,567,067	2,075,193	4,205,362
Government-sponsored enterprise debt securities, net	135,187	2,968	71,104	3,140	4,149	8,414
Federal agency and government-sponsored enterprise mortgage-backed securities, net	32,338,364	706,765	17,059,675	753,729	988,692	2,009,975
Foreign currency denominated investments, net	(40,475)	(1,879)	(13,424)	(1,664)	(3,405)	(8,564)
Central bank liquidity swaps¹	488,440	23,033	163,500	18,329	41,546	103,169
Total interest income	101,542,499	2,418,112	53,213,669	2,370,985	3,131,926	6,373,679
Income from priced services	446,201	—	128,081	—	—	—
Securities lending fees	32,783	712	17,361	767	997	2,034
Other income	14,684	394	8,842	266	432	717
Total other income	493,668	1,106	154,283	1,033	1,430	2,751
Total current income	102,036,167	2,419,218	53,367,952	2,372,018	3,133,356	6,376,430
Net expenses
Personnel
Salaries and other personnel expenses	2,783,294	157,036	596,901	117,503	128,044	394,534
Retirement and other benefits	851,976	45,002	190,633	34,242	39,529	117,094
Administrative
Fees	515,861	36,724	59,775	12,346	12,344	296,243
Travel	21,862	1,017	2,773	683	989	3,069
Postage and other shipping costs	14,062	150	1,754	139	1,505	394
Communications	42,356	1,098	4,323	701	685	25,817
Materials and supplies	77,691	5,415	22,088	10,193	3,396	7,073
Building
Taxes on real estate	56,523	8,738	15,861	1,741	1,597	2,405
Property depreciation	147,722	11,498	30,744	9,281	8,955	14,730
Utilities	31,322	3,106	7,250	1,264	1,260	3,466
Rent	34,374	276	2,040	57	1,003	23,601
Other building	78,255	12,735	14,970	3,917	5,039	5,478
Equipment/software
Purchases	38,032	2,345	4,259	1,248	2,006	7,253
Rentals	2,902	273	784	216	138	642
Depreciation	80,648	1,217	5,602	1,676	1,989	50,002
Repairs and maintenance	72,099	1,802	4,434	1,883	2,286	36,493
Software	305,381	6,409	45,366	4,104	10,011	149,087
Other expenses
Other expenses	219,155	174,351	182,592	18,349	18,637	(571,293)
Recoveries	(372,272)	(45,680)	(37,340)	(20,804)	(7,187)	(66,445)
Expenses capitalized²	(75,011)	(1,387)	(8,391)	(1,641)	(7,499)	(1,658)
Total operating expenses before pension expense and reimbursements	4,926,231	422,126	1,146,417	197,096	224,726	497,984
System pension service costs ³	661,601	—	661,601	—	—	—
Reimbursements	(731,851)	(4,876)	(174,490)	(2,814)	(61,920)	(41,049)
Operating expenses	4,855,980	417,250	1,633,528	194,282	162,806	456,935
Interest expense on securities sold under agreements to repurchase	711,190	14,754	388,004	17,223	20,808	43,522
Interest to depository institutions and others	7,883,312	175,428	4,399,154	181,256	232,977	638,060
Other expenses	4,473	100	2,330	103	139	280
Net expenses	(13,454,955)	(607,531)	(6,423,017)	(392,864)	(416,729)	(1,138,797)
Current net income	88,581,212	1,811,686	46,944,935	1,979,155	2,716,627	5,237,634
Additions to (+) and deductions from (-) current net income
Profit on sales of Treasury securities	2,440	55	1,263	56	76	153
Profit on sales of federal agency and government-sponsored enterprise mortgage-backed securities	664,061	14,911	343,842	15,151	20,775	41,618
Foreign currency translation gains (losses)	1,541,876	73,792	520,750	52,487	132,535	325,142
Other components of net benefit cost	68,067	(16,014)	225,406	(5,577)	(8,269)	(24,672)
Other additions	2,660	1	280	(0)	(1)	2,379
Other deductions	(82,772)	—	(67,759)	4	(37)	(853)
Net additions or deductions to current net income	2,196,332	72,745	1,023,783	62,119	145,079	343,767
Assessments by Board
Board expenditures ⁴	947,000	44,772	317,645	34,186	80,659	199,706
Cost of currency	831,133	34,364	171,915	33,942	52,248	71,767
Consumer Financial Protection Bureau ⁵	517,300	24,261	173,536	18,950	43,791	108,690
Assessments by the Board of Governors	2,295,433	103,397	663,096	87,077	176,698	380,162
Consolidated variable interest entities
Net income from consolidated variable interest entities	(1,784,655)	(2,400,682)	616,028	—	—	—
Non-controlling interest in consolidated variable interest entities (income), net	1,854,475	2,402,405	(547,930)	—	—	—
Reserve Bank and consolidated variable interest entities net income before providing for remittances to the Treasury	88,551,932	1,782,756	47,373,720	1,954,197	2,685,007	5,201,239
Earnings remittances to the Treasury	86,890,110	1,784,372	46,057,454	1,926,819	2,653,366	5,161,686
Net income after providing for remittances to the Treasury	1,661,821	(1,616)	1,316,266	27,378	31,641	39,552
Other comprehensive income (loss)	(1,275,509)	5,269	(1,208,652)	(12,365)	4,317	7,047
Comprehensive income	386,312	3,653	107,614	15,014	35,957	46,599
Distribution of comprehensive income
Dividends on capital stock	386,312	17,795	107,722	15,524	29,032	66,696
Transferred to/from surplus and change in accumulated other comprehensive income	—	(14,142)	(108)	(510)	6,925	(20,097)
Earnings remittances to the Treasury	86,890,110	1,784,372	46,057,454	1,926,819	2,653,366	5,161,686
Total distribution of net income	87,276,422	1,788,025	46,165,068	1,941,832	2,689,324	5,208,285

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

1. Represents interest income recognized on swap agreements with foreign central banks. Return to table

2. Includes expenses for labor and materials capitalized and depreciated or amortized as charges to activities in the periods benefited. Return to table

3. Reflects the effect of the Financial Accounting Standards Board's Codification Topic (ASC 715) Compensation-Retirement Benefits. Pension service costs for the System Retirement Plan is recorded on behalf of the System in the books of the Federal Reserve Bank of New York. Return to table

4. For additional details, see the Board of Governors Financial Statements at https://www.federalreserve.gov/aboutthefed/audited-annual-financial-statements.htm. Return to table

5. The Board of Governors assesses the Reserve Banks to fund the operations of the Consumer Financial Protection Bureau. These assessments are allocated to each Reserve Bank based on each Reserve Bank's capital and surplus balances as of the most recent quarter. Return to table

Thousands of dollars

Item	Atlanta	Chicago	St. Louis	Minneapolis	Kansas City	Dallas	San Francisco
Current income
Interest income
Primary, secondary, and seasonal loans	177	1,708	179	136	422	552	3,084
Other loans, net	8,608	7,781	4,167	13,481	13,007	6,164	31,640
Interest income on securities purchased under agreements to resell	49,794	38,182	10,487	6,310	10,794	31,711	84,998
Treasury securities	4,877,985	3,709,575	1,040,453	623,401	1,053,966	3,165,861	8,247,241
Government-sponsored enterprise debt securities, net	9,750	7,417	2,079	1,246	2,107	6,325	16,489
Federal agency and government-sponsored enterprise mortgage-backed securities, net	2,322,694	1,768,008	494,712	296,553	502,040	1,504,251	3,931,269
Foreign currency denominated investments, net	(2,089)	(1,600)	(653)	(288)	(419)	(485)	(6,007)
Central bank liquidity swaps¹	24,520	19,069	7,967	3,718	5,121	5,816	72,652
Total interest income	7,291,440	5,550,140	1,559,391	944,557	1,587,039	4,720,195	12,381,367
Income from priced services	225,173	92,947	—	—	—	—	—
Securities lending fees	2,342	1,784	498	299	506	1,513	3,968
Other income	837	637	185	108	279	563	1,424
Total other income	228,352	95,368	683	407	786	2,077	5,392
Total current income	7,519,792	5,645,509	1,560,074	944,964	1,587,824	4,722,271	12,386,759
Net expenses
Personnel
Salaries and other personnel expenses	217,704	233,228	177,256	124,177	222,752	147,801	266,358
Retirement and other benefits	70,873	67,214	51,637	37,183	66,730	50,126	81,713
Administrative
Fees	14,728	8,488	9,155	6,136	18,564	3,922	37,436
Travel	2,217	2,526	1,128	653	2,182	1,329	3,297
Postage and other shipping costs	2,297	238	629	264	1,161	2,139	3,392
Communications	1,466	2,075	1,298	458	1,300	1,311	1,825
Materials and supplies	4,927	7,058	1,987	2,021	5,341	3,227	4,964
Building
Taxes on real estate	2,821	4,874	1,447	4,104	4,391	3,392	5,151
Property depreciation	12,068	15,456	7,966	4,063	8,896	10,069	13,997
Utilities	2,260	2,050	1,465	1,774	2,487	2,316	2,624
Rent	348	1,276	3,835	191	651	740	356
Other building	4,533	9,582	2,560	2,348	3,846	5,897	7,350
Equipment/software
Purchases	2,791	3,423	2,049	2,331	5,955	1,754	2,619
Rentals	246	465	14	64	21	24	14
Depreciation	2,952	3,688	1,634	1,153	3,109	3,337	4,289
Repairs and maintenance	5,601	3,512	1,480	1,275	2,591	3,740	7,002
Software	10,769	5,998	6,583	3,233	28,851	7,245	27,726
Other expenses
Other expenses	147,640	33,632	154,149	2,417	(5,665)	24,661	39,686
Recoveries	(8,616)	(24,717)	(11,360)	(15,990)	(44,104)	(31,544)	(58,487)
Expenses capitalized ²	(2,911)	(5,238)	(1,771)	(6,334)	(22,668)	(1,783)	(13,731)
Total operating expenses before pension expense and reimbursements	494,714	374,826	413,141	171,522	306,392	239,704	437,584
System pension service costs ³	—	—	—	—	—	—	—
Reimbursements	(27,006)	(3,432)	(245,288)	(39,433)	(109,195)	(20,096)	(2,251)
Operating expenses	467,707	371,393	167,854	132,088	197,197	219,608	435,332
Interest expense on securities sold under agreements to repurchase	48,626	37,331	10,222	6,154	10,546	30,881	83,119
Interest to depository institutions and others	241,026	515,438	53,330	45,388	84,315	249,513	1,067,426
Other expenses	327	248	70	42	71	213	551
Net expenses	(757,687)	(924,410)	(231,476)	(183,673)	(292,128)	(500,215)	(1,586,429)
Current net income	6,762,105	4,721,098	1,328,598	761,292	1,295,696	4,222,057	10,800,330
Additions to (+) and deductions from (-) current net income
Profit on sales of Treasury securities	180	136	39	23	39	118	303
Profit on sales of federal agency and government-sponsored enterprise mortgage-backed securities	48,935	37,089	10,491	6,275	10,559	32,001	82,413
Foreign currency translation gains (losses)	75,294	59,477	25,432	12,496	16,379	18,237	229,855
Other components of net benefit cost	(10,280)	(26,539)	(11,191)	(9,355)	(14,907)	(4,168)	(26,364)
Other additions	(8)	11	(0)	(0)	(0)	(0)	(1)
Other deductions	(5)	26	(14,148)	(11)	(1)	11	(0)
Net additions or deductions to current net income	114,115	70,200	10,623	9,428	12,069	46,197	286,206
Assessments by Board
Board expenditures ⁴	45,911	36,855	15,505	7,680	10,070	13,624	140,388
Cost of currency	126,439	69,961	27,744	16,126	24,521	72,150	129,956
Consumer Financial Protection Bureau⁵	26,196	20,054	8,398	4,047	5,442	7,545	76,390
Assessments by the Board of Governors	198,546	126,870	51,647	27,853	40,033	93,319	346,734
Consolidated variable interest entities
Net income from consolidated variable interest entities	—	—	—	—	—	—	—
Non-controlling interest in consolidated variable interest entities (income), net	—	—	—	—	—	—	—
Reserve Bank and consolidated variable interest entities net income before providing for remittances to the Treasury	6,677,674	4,664,428	1,287,574	742,867	1,267,733	4,174,935	10,739,802
Earnings remittances to the Treasury	6,681,631	4,624,672	1,250,242	723,806	1,249,886	4,105,690	10,670,486
Net income after providing for remittances to the Treasury	(3,958)	39,756	37,332	19,061	17,847	69,245	69,317
Other comprehensive income (loss)	(2,746)	(13,893)	(6,993)	(7,636)	(3,723)	(12,048)	(24,085)
Comprehensive income	(6,704)	25,863	30,339	11,425	14,124	57,197	45,231
Distribution of comprehensive income
Dividends on capital stock	23,074	23,470	12,431	6,836	12,264	15,247	56,221
Transferred to/from surplus and change in accumulated other comprehensive income	(29,778)	2,393	17,908	4,589	1,860	41,950	(10,990)
Earnings remittances to the Treasury	6,681,631	4,624,672	1,250,242	723,806	1,249,886	4,105,690	10,670,486
Total distribution of net income	6,674,928	4,650,535	1,280,581	735,231	1,264,009	4,162,888	10,715,717

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

1. Represents interest income recognized on swap agreements with foreign central banks. Return to table

2. Includes expenses for labor and materials capitalized and depreciated or amortized as charges to activities in the periods benefited. Return to table

3. Reflects the effect of the Financial Accounting Standards Board's Codification Topic (ASC 715) Compensation-Retirement Benefits. Pension service costs for the System Retirement Plan is recorded on behalf of the System in the books of the Federal Reserve Bank of New York. Return to table

4. For additional details, see the Board of Governors Financial Statements at https://www.federalreserve.gov/aboutthefed/audited-annual-financial-statements.htm. Return to table

5. The Board of Governors assesses the Reserve Banks to fund the operations of the Consumer Financial Protection Bureau. These assessments are allocated to each Reserve Bank based on each Reserve Bank's capital and surplus balances as of the most recent quarter. Return to table

Thousands of dollars

Federal Reserve Bank and period	Current income	Net expenses	Net additions or deductions (−) ¹ ^,²	Assessments by the Board of Governors			Other comprehensive income (loss)	Dividends paid	Distributions to the U.S. Treasury		Transferred to/from surplus ⁵	Transferred to/from surplus and change in accumulated other comprehensive income ⁶
Federal Reserve Bank and period	Current income	Net expenses	Net additions or deductions (−) ¹ ^,²	Board expenditures	Costs of currency	Consumer Financial Protection Bureau and Office of Financial Research ³	Other comprehensive income (loss)	Dividends paid	Statutory transfers⁴	Interest on Federal Reserve notes	Transferred to/from surplus ⁵
All banks
1914–15	2,173	2,018	6	302	n/a	n/a	n/a	217	n/a	n/a	n/a	n/a
1916	5,218	2,082	-193	192	n/a	n/a	n/a	1,743	n/a	n/a	n/a	n/a
1917	16,128	4,922	-1,387	238	n/a	n/a	n/a	6,804	1,134	n/a	n/a	1,134
1918	67,584	10,577	-3,909	383	n/a	n/a	n/a	5,541	n/a	n/a	n/a	48,334
1919	102,381	18,745	-4,673	595	n/a	n/a	n/a	5,012	2,704	n/a	n/a	70,652
1920	181,297	27,549	-3,744	710	n/a	n/a	n/a	5,654	60,725	n/a	n/a	82,916
1921	122,866	33,722	-6,315	741	n/a	n/a	n/a	6,120	59,974	n/a	n/a	15,993
1922	50,499	28,837	-4,442	723	n/a	n/a	n/a	6,307	10,851	n/a	n/a	-660
1923	50,709	29,062	-8,233	703	n/a	n/a	n/a	6,553	3,613	n/a	n/a	2,546
1924	38,340	27,768	-6,191	663	n/a	n/a	n/a	6,682	114	n/a	n/a	-3,078
1925	41,801	26,819	-4,823	709	n/a	n/a	n/a	6,916	59	n/a	n/a	2,474
1926	47,600	24,914	-3,638	722	1,714	n/a	n/a	7,329	818	n/a	n/a	8,464
1927	43,024	24,894	-2,457	779	1,845	n/a	n/a	7,755	250	n/a	n/a	5,044
1928	64,053	25,401	-5,026	698	806	n/a	n/a	8,458	2,585	n/a	n/a	21,079
1929	70,955	25,810	-4,862	782	3,099	n/a	n/a	9,584	4,283	n/a	n/a	22,536
1930	36,424	25,358	-93	810	2,176	n/a	n/a	10,269	17	n/a	n/a	-2,298
1931	29,701	24,843	311	719	1,479	n/a	n/a	10,030	n/a	n/a	n/a	-7,058
1932	50,019	24,457	-1,413	729	1,106	n/a	n/a	9,282	2,011	n/a	n/a	11,021
1933	49,487	25,918	-12,307	800	2,505	n/a	n/a	8,874	n/a	n/a	n/a	-917
1934	48,903	26,844	-4,430	1,372	1,026	n/a	n/a	8,782	n/a	n/a	-60	6,510
1935	42,752	28,695	-1,737	1,406	1,477	n/a	n/a	8,505	298	n/a	28	607
1936	37,901	26,016	486	1,680	2,178	n/a	n/a	7,830	227	n/a	103	353
1937	41,233	25,295	-1,631	1,748	1,757	n/a	n/a	7,941	177	n/a	67	2,616
1938	36,261	25,557	2,232	1,725	1,630	n/a	n/a	8,019	120	n/a	-419	1,862
1939	38,501	25,669	2,390	1,621	1,356	n/a	n/a	8,110	25	n/a	-426	4,534
1940	43,538	25,951	11,488	1,704	1,511	n/a	n/a	8,215	82	n/a	-54	17,617
1941	41,380	28,536	721	1,840	2,588	n/a	n/a	8,430	141	n/a	-4	571
1942	52,663	32,051	-1,568	1,746	4,826	n/a	n/a	8,669	198	n/a	50	3,554
1943	69,306	35,794	23,768	2,416	5,336	n/a	n/a	8,911	245	n/a	135	40,327
1944	104,392	39,659	3,222	2,296	7,220	n/a	n/a	9,500	327	n/a	201	48,410
1945	142,210	41,666	-830	2,341	4,710	n/a	n/a	10,183	248	n/a	262	81,970
1946	150,385	50,493	-626	2,260	4,482	n/a	n/a	10,962	67	n/a	28	81,467
1947	158,656	58,191	1,973	2,640	4,562	n/a	n/a	11,523	36	75,284	87	8,366
1948	304,161	64,280	-34,318	3,244	5,186	n/a	n/a	11,920	n/a	166,690	n/a	18,523
1949	316,537	67,931	-12,122	3,243	6,304	n/a	n/a	12,329	n/a	193,146	n/a	21,462
1950	275,839	69,822	36,294	3,434	7,316	n/a	n/a	13,083	n/a	196,629	n/a	21,849
1951	394,656	83,793	-2,128	4,095	7,581	n/a	n/a	13,865	n/a	254,874	n/a	28,321
1952	456,060	92,051	1,584	4,122	8,521	n/a	n/a	14,682	n/a	291,935	n/a	46,334
1953	513,037	98,493	-1,059	4,100	10,922	n/a	n/a	15,558	n/a	342,568	n/a	40,337
1954	438,486	99,068	-134	4,175	6,490	n/a	n/a	16,442	n/a	276,289	n/a	35,888
1955	412,488	101,159	-265	4,194	4,707	n/a	n/a	17,712	n/a	251,741	n/a	32,710
1956	595,649	110,240	-23	5,340	5,603	n/a	n/a	18,905	n/a	401,556	n/a	53,983
1957	763,348	117,932	-7,141	7,508	6,374	n/a	n/a	20,081	n/a	542,708	n/a	61,604
1958	742,068	125,831	124	5,917	5,973	n/a	n/a	21,197	n/a	524,059	n/a	59,215
1959	886,226	131,848	98,247	6,471	6,384	n/a	n/a	22,722	n/a	910,650	n/a	-93,601
1960	1,103,385	139,894	13,875	6,534	7,455	n/a	n/a	23,948	n/a	896,816	n/a	42,613
1961	941,648	148,254	3,482	6,265	6,756	n/a	n/a	25,570	n/a	687,393	n/a	70,892
1962	1,048,508	161,451	-56	6,655	8,030	n/a	n/a	27,412	n/a	799,366	n/a	45,538
1963	1,151,120	169,638	615	7,573	10,063	n/a	n/a	28,912	n/a	879,685	n/a	55,864
1964	1,343,747	171,511	726	8,655	17,230	n/a	n/a	30,782	n/a	1,582,119	n/a	-465,823
1965	1,559,484	172,111	1,022	8,576	23,603	n/a	n/a	32,352	n/a	1,296,810	n/a	27,054
1966	1,908,500	178,212	996	9,022	20,167	n/a	n/a	33,696	n/a	1,649,455	n/a	18,944
1967	2,190,404	190,561	2,094	10,770	18,790	n/a	n/a	35,027	n/a	1,907,498	n/a	29,851
1968	2,764,446	207,678	8,520	14,198	20,474	n/a	n/a	36,959	n/a	2,463,629	n/a	30,027
1969	3,373,361	237,828	-558	15,020	22,126	n/a	n/a	39,237	n/a	3,019,161	n/a	39,432
1970	3,877,218	276,572	11,442	21,228	23,574	n/a	n/a	41,137	n/a	3,493,571	n/a	32,580
1971	3,723,370	319,608	94,266	32,634	24,943	n/a	n/a	43,488	n/a	3,356,560	n/a	40,403
1972	3,792,335	347,917	-49,616	35,234	31,455	n/a	n/a	46,184	n/a	3,231,268	n/a	50,661
1973	5,016,769	416,879	-80,653	44,412	33,826	n/a	n/a	49,140	n/a	4,340,680	n/a	51,178
1974	6,280,091	476,235	-78,487	41,117	30,190	n/a	n/a	52,580	n/a	5,549,999	n/a	51,483
1975	6,257,937	514,359	-202,370	33,577	37,130	n/a	n/a	54,610	n/a	5,382,064	n/a	33,828
1976	6,623,220	558,129	7,311	41,828	48,819	n/a	n/a	57,351	n/a	5,870,463	n/a	53,940
1977	6,891,317	568,851	-177,033	47,366	55,008	n/a	n/a	60,182	n/a	5,937,148	n/a	45,728
1978	8,455,309	592,558	-633,123	53,322	60,059	n/a	n/a	63,280	n/a	7,005,779	n/a	47,268
1979	10,310,148	625,168	-151,148	50,530	68,391	n/a	n/a	67,194	n/a	9,278,576	n/a	69,141
1980	12,802,319	718,033	-115,386	62,231	73,124	n/a	n/a	70,355	n/a	11,706,370	n/a	56,821
1981	15,508,350	814,190	-372,879	63,163	82,924	n/a	n/a	74,574	n/a	14,023,723	n/a	76,897
1982	16,517,385	926,034	-68,833	61,813	98,441	n/a	n/a	79,352	n/a	15,204,591	n/a	78,320
1983	16,068,362	1,023,678	-400,366	71,551	152,135	n/a	n/a	85,152	n/a	14,228,816	n/a	106,663
1984	18,068,821	1,102,444	-412,943	82,116	162,606	n/a	n/a	92,620	n/a	16,054,095	n/a	161,996
1985	18,131,983	1,127,744	1,301,624	77,378	173,739	n/a	n/a	103,029	n/a	17,796,464	n/a	155,253
1986	17,464,528	1,156,868	1,975,893	97,338	180,780	n/a	n/a	109,588	n/a	17,803,895	n/a	91,954
1987	17,633,012	1,146,911	1,796,594	81,870	170,675	n/a	n/a	117,499	n/a	17,738,880	n/a	173,771
1988	19,526,431	1,205,960	-516,910	84,411	164,245	n/a	n/a	125,616	n/a	17,364,319	n/a	64,971
1989	22,249,276	1,332,161	1,254,613	89,580	175,044	n/a	n/a	129,885	n/a	21,646,417	n/a	130,802
1990	23,476,604	1,349,726	2,099,328	103,752	193,007	n/a	n/a	140,758	n/a	23,608,398	n/a	180,292
1991	22,553,002	1,429,322	405,729	109,631	261,316	n/a	n/a	152,553	n/a	20,777,552	n/a	228,356
1992	20,235,028	1,474,531	-987,788	128,955	295,401	n/a	n/a	171,763	n/a	16,774,477	n/a	402,114
1993	18,914,251	1,657,800	-230,268	140,466	355,947	n/a	n/a	195,422	n/a	15,986,765	n/a	347,583
1994	20,910,742	1,795,328	2,363,862	146,866	368,187	n/a	n/a	212,090	n/a	20,470,011	n/a	282,122
1995	25,395,148	1,818,416	857,788	161,348	370,203	n/a	n/a	230,527	n/a	23,389,367	n/a	283,075
1996	25,164,303	1,947,861	-1,676,716	162,642	402,517	n/a	n/a	255,884	5,517,716	14,565,624	n/a	635,343
1997	26,917,213	1,976,453	-2,611,570	174,407	364,454	n/a	n/a	299,652	20,658,972	0	n/a	831,705
1998	28,149,477	1,833,436	1,906,037	178,009	408,544	n/a	n/a	343,014	17,785,942	8,774,994	n/a	731,575
1999	29,346,836	1,852,162	-533,557	213,790	484,959	n/a	n/a	373,579	n/a	25,409,736	n/a	479,053
2000	33,963,992	1,971,688	-1,500,027	188,067	435,838	n/a	n/a	409,614	n/a	25,343,892	n/a	4,114,865
2001	31,870,721	2,084,708	-1,117,435	295,056	338,537	n/a	n/a	428,183	n/a	27,089,222	n/a	517,580
2002	26,760,113	2,227,078	2,149,328	205,111	429,568	n/a	n/a	483,596	n/a	24,495,490	n/a	1,068,598
2003	23,792,725	2,462,658	2,481,127	297,020	508,144	n/a	n/a	517,705	n/a	22,021,528	n/a	466,796
2004	23,539,942	2,238,705	917,870	272,331	503,784	n/a	n/a	582,402	n/a	18,078,003	n/a	2,782,587
2005	30,729,357	2,889,544	-3,576,903	265,742	477,087	n/a	n/a	780,863	n/a	21,467,545	n/a	1,271,672
2006	38,410,427	3,263,844	-158,846	301,014	491,962	n/a	n/a	871,255	n/a	29,051,678	n/a	4,271,828
2007	42,576,025	3,510,206	198,417	296,125	576,306	n/a	324,481	992,353	n/a	34,598,401	n/a	3,125,533
2008	41,045,582	4,870,374	3,340,628	352,291	500,372	n/a	-3,158,808	1,189,626	n/a	31,688,688	n/a	2,626,053
2009	54,463,121	5,978,795	4,820,204	386,400	502,044	n/a	1,006,813	1,428,202	n/a	47,430,237	n/a	4,564,460
2010	79,300,937	6,270,420	9,745,562	422,200	622,846	42,286	45,881	1,582,785	n/a	79,268,124	n/a	883,724
2011	85,241,366	7,316,643	2,015,991	472,300	648,798	281,712	-1,161,848	1,577,284	n/a	75,423,597	n/a	375,175
2012	81,586,102	7,798,353	18,380,835	490,001	722,301	387,279	-52,611	1,637,934	n/a	88,417,936	n/a	460,528
2013	91,149,953	9,134,656	-1,029,750	580,000	701,522	563,200	2,288,811	1,649,277	n/a	79,633,271	n/a	147,088
2014	116,561,512	10,714,872	-2,718,283	590,000	710,807	563,000	-1,611,569	1,685,826	n/a	96,901,695	n/a	1,064,952
2015	114,233,676	11,139,956	-1,305,513	705,000	689,288	489,700	366,145	1,742,745	25,955,921	91,143,493	n/a	-18,571,798
2016	111,743,998	17,262,620	-114,255	709,000	700,728	596,200	-183,232	711,423	91,466,545	n/a	n/a	0
2017	114,193,573	33,397,138	1,932,579	740,000	723,534	573,000	650,808	783,599	80,559,689	n/a	n/a	0
2018	112,861,657	47,353,636	-382,959	838,000	848,807	337,100	41,831	998,703	65,319,280	n/a	n/a	-3,175,000
2019	103,220,435	45,423,825	-169,458	814,000	836,975	518,600	148,923	713,931	54,892,569	n/a	n/a	0
2020	102,036,168	13,454,957	2,266,152	947,000	831,133	517,300	-1,275,509	386,312	86,890,110	n/a	n/a	0
Total 1914–2020	1,961,103,747	276,973,707	41,021,946	13,047,117	18,447,472	4,869,377	-2,569,884	25,818,777	449,198,072	1,198,433,402	-4	12,767,389⁷
Aggregate for each Bank, 1914–2020
Boston	68,392,808	8,827,198	415,348	566,293	964,041	216,006	15,371	1,130,976	11,772,420	44,842,511	135	518,083
New York	909,786,643	131,598,026⁸	27,476,759	3,779,742	4,744,802	1,570,463	-2,747,278	7,315,810	235,705,652	545,077,826	-433	4,724,342
Philadelphia	60,340,306	8,981,468	860,275	770,039	838,315	301,067	12,368	1,771,429	11,831,153	36,308,189	291	411,507
Cleveland	78,708,404	8,598,449	854,893	994,373	1,067,569	385,326	23,628	1,930,148	16,099,870	49,612,575	-10	891,692
Richmond	140,422,978	20,243,201	2,656,023	2,528,561	1,583,191	1,037,842	51,211	5,203,690	28,737,141	81,295,580	-72	2,521,180
Atlanta	129,936,087	18,185,877	1,853,900	842,029	2,078,428	274,569	41,839	1,673,926	32,531,303	75,616,315	5	659,155
Chicago	154,180,037	19,218,923	1,972,322	818,702	1,867,604	164,014	17,325	1,519,274	22,088,217	109,806,844	12	683,716
St. Louis	45,283,553	5,449,841	443,759	209,944	635,126	54,419	27,368	403,676	7,598,407	31,149,772	-27	235,623
Minneapolis	25,134,449	5,201,699	434,934	217,421	360,838	28,174	8,781	464,493	3,653,323	15,436,029	65	211,534
Kansas City	50,262,967	7,760,110	600,008	230,350	644,157	49,125	-18,191	448,070	7,040,057	34,476,668	-9	194,396
Dallas	80,588,986	10,099,594	1,146,141	336,833	1,177,253	69,906	19,408	642,817	19,247,326	49,889,286	55	249,026
San Francisco	218,066,517	32,809,321	2,307,586	1,752,836	2,486,146	718,471	-21,711	3,314,467	52,893,206	124,921,807	-17	1,467,138
Total	1,961,103,746	276,973,705	41,021,948	13,047,118	18,447,472	4,869,377	-2,569,883	25,818,777	449,198,072	1,198,433,402	-4	12,767,389

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. The Federal Reserve Bank of Boston is the primary beneficiary of MS Facilities LLC (Main Street Lending Program), and the Federal Reserve Bank of New York is the primary beneficiary of Commercial Paper Funding Facility LLC, Corporate Credit Facilities LLC, Municipal Liquidity Facility LLC, and Term Asset-Backed Loan Facility II LLC. As a result, the accounts and results of operations of those LLCs are included in the combined financial statements of the Federal Reserve Banks. Return to table

3. Starting in 2010, as required under the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, the Board of Governors began assessing the Reserve Banks to fund the operations of the Consumer Financial Protection Bureau and, for a two-year period beginning July 21, 2010, the Office of Financial Research. These assessments are allocated to the Reserve Banks based on each Reserve Bank's capital and surplus balances as of the most recent quarter. Return to table

4. 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; transfers made under section 7 of the Federal Reserve Act for 1996, 1997, and 2015–20. Return to table

5. Transfers made under section 13b of the Federal Reserve Act. Return to table

6. Transfers 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

7. The $12,767,389 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); $106,000 thousand (1996), $107,000 thousand (1997), and $3,752,000 thousand (2000) transferred to the Treasury as statutorily required; 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 $6,825,000 thousand on December 31, 2020. Return to table

8. This amount is reduced by $9,176,997 thousand for expenses of the System Retirement Plan. See note 4, " Table G.9. Income and expenses of the Federal Reserve Banks, by Bank, 2020." Return to table

n/a Not applicable.

Operation	2020	2019	2018	2017
Millions of pieces
Currency processed	26,596	33,042 r	34,312	32,942
Currency destroyed	2,043	5,140 ^r	4,819	4,571
Coin received	33,994	56,101	56,012 ^r	58,249 ^r
Checks handled
U.S. government checks ¹	83	52	53	56
Postal money orders	74	80	83	85
Commercial	3,767	4,389	4,740	5,153
Securities transfers²	21	19	17	16
Funds transfers ³	184	168	158	153
Automated clearinghouse transactions
Commercial	16,549	15,584	14,692	13,749
Government	1,878	1,704	1,668	1,629
Millions of dollars
Currency processed	561,278	665,246 ^r	659,126	644,395
Currency destroyed	30,514	84,254 ^r	98,590	112,202
Coin received	3,294	5,408	5,387	5,585
Checks handled
U.S. government checks ¹	205,905	149,337	148,149	145,599
Postal money orders	20,558	21,412	21,034 ^r	20,682
Commercial	7,874,721	8,317,894	8,485,159	8,438,008
Securities transfers ²	361,728,932	345,813,248	296,335,209	299,334,719
Funds transfers ³	840,483,038	695,835,129	716,211,759	740,096,838
Automated clearinghouse transactions
Commercial	31,446,232	28,081,631	25,860,072	23,398,576
Government	6,852,715	5,787,018	5,515,114	5,370,695

1. Includes government checks handled electronically (electronic checks). Return to table

2. Data on securities transfers do not include reversals. Return to table

3. Data on funds transfers do not include non-value transfers. Return to table

r Revised.

Federal Reserve Bank (including branches)	President	Other officers		Employees				Total
	Annual salary (dollars) ¹	Number	Annual salaries (dollars) ¹	Number			Annual salaries (dollars) ^1, ³	Number	Annual salaries (dollars) ^1, ³
	Annual salary (dollars) ¹	Number	Annual salaries (dollars) ¹	Full time	Part time	Temporary/ hourly²	Annual salaries (dollars) ^1, ³	Number	Annual salaries (dollars) ^1, ³
Boston	450,500	104	28,184,720	976	14	9	123,653,608	1,104	152,288,828
New York	506,300	596	164,730,014	2,456	25	0	342,356,820	3,078	507,593,134
Philadelphia	435,100	75	17,514,175	791	10	27	87,796,452	904	105,745,727
Cleveland	428,500	77	18,128,550	958	16	18	98,080,527	1,070	116,637,577
Richmond	405,800	96	21,320,000	1,383	12	11	140,501,883	1,503	162,227,683
Atlanta	417,700	111	26,249,267	1,570	19	37	167,228,070	1,738	193,895,037
Chicago	450,500	144	35,954,504	1,438	29	0	170,064,771	1,612	206,469,775
St. Louis	404,200	101	24,172,700	1,306	17	9	133,541,504	1,434	158,118,404
Minneapolis	435,200	66	15,628,802	986	43	9	97,263,227	1,105	113,327,229
Kansas City	404,400	112	23,622,700	1,937	13	5	170,973,915	2,068	195,001,015
Dallas	440,700	81	18,724,492	1,202	14	16	115,392,329	1,314	134,557,521
San Francisco	482,900	115	31,164,430	1,663	17	37	205,489,973	1,833	237,137,303
Federal Reserve Information Technology	n/a	88	20,958,800	1,300	1	2	168,840,214	1,391	189,799,014
Office of Employee Benefits	n/a	17	4,880,300	45	1	0	6,162,460	63	11,042,760
Total	5,261,800	1,783	451,233,454	18,011	231	180	2,027,345,753	20,217	2,483,841,007

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

1. Annual salary (excluding outside agency costs) based on salaries in effect on December 31, 2020. Return to table

2. Temporary/hourly employees are paid by the Bank, generally work less than 780 hours, and are employed on a temporary basis (such as interns). Return to table

3. Annual salary totals include pandemic premium pay for essential staff as a result of COVID-19. Return to table

n/a Not applicable.

Thousands of dollars

Federal Reserve Bank or Branch	Acquisition costs				Net book value	Other real estate
Federal Reserve Bank or Branch	Land	Buildings (including vaults) ¹	Building machinery and equipment	Total²	Net book value	Other real estate
Boston	27,293	210,456	48,616	286,365	100,504	n/a
New York	69,326	634,859	147,504	851,689	462,231	n/a
Philadelphia	8,146	179,801	50,775	238,722	134,359	n/a
Cleveland	4,219	162,292	40,014	206,525	106,423	n/a
Cincinnati	5,126	32,912	21,830	59,868	20,188	n/a
Richmond	32,524	185,309	67,103	284,936	124,648	n/a
Baltimore	7,917	43,911	16,112	67,940	27,645	n/a
Charlotte	7,884	46,560	17,581	72,025	32,343	n/a
Atlanta	25,185	165,513	25,523	216,221	128,549	n/a
Birmingham	5,347	13,283	3,144	21,774	11,301	n/a
Jacksonville	2,185	28,252	15,174	45,611	23,531	n/a
New Orleans	3,789	16,561	8,572	28,922	11,593	n/a
Miami	4,598	36,058	15,029	55,685	24,957	n/a
Chicago	7,460	258,344	44,478	310,282	117,086	n/a
Detroit	13,373	76,010	15,091	104,474	69,016	n/a
St. Louis	9,942	148,191	19,414	177,547	90,132	n/a
Memphis	2,472	18,799	6,734	28,005	7,021	n/a
Minneapolis	22,998	114,886	21,192	159,076	83,800	n/a
Helena	3,316	10,366	2,068	15,750	7,485	n/a
Kansas City	38,965	218,854	26,435	284,254	207,104	n/a
Denver	4,499	15,017	6,119	25,635	11,001	n/a
Omaha	4,727	12,960	3,289	20,976	12,447	n/a
Dallas	38,100	150,638	39,337	228,075	115,296	n/a
El Paso	262	6,207	3,596	10,065	3,904	n/a
Houston	32,323	104,845	9,604	146,772	99,566	n/a
San Francisco	20,988	151,515	38,155	210,658	86,067	n/a
Los Angeles	6,306	94,268	28,665	129,239	58,445	n/a
Salt Lake City	1,294	6,666	3,036	10,996	4,004	n/a
Seattle	13,101	50,282	5,829	69,212	48,476	n/a
Total	423,665	3,193,615	750,019	4,367,299	2,229,122	n/a

1. Includes expenditures for construction at some offices, pending allocation to appropriate accounts. Return to table

2. Excludes charge-offs of $17,699 thousand before 1952. Return to table

n/a Not applicable.

Board of Governors of the Federal Reserve System

Annual Report of the Board of Governors of the Federal Reserve System

Statistical Tables

Table G.1. Federal Reserve open market transactions, 2020

Table G.2. Federal Reserve Bank holdings of U.S. Treasury and federal agency securities, December 31, 2018–20

Table G.3. Reserve requirements of depository institutions, December 31, 2020

Table G.4. Banking offices and banks affiliated with bank holding companies in the United States, December 31, 2019 and 2020

Table G.5A. Reserves of depository institutions, Federal Reserve Bank credit, and related items, year-end 1984–2020 and month-end 2020

Table G.5A.—continued

Table G.5B. Reserves of depository institutions, Federal Reserve Bank credit, and related items, year-end 1918–1983

Table G.5B. Reserves of depository institutions, Federal Reserve Bank credit, and related items, year-end 1918–1983—continued

Table G.6. Principal assets and liabilities of insured commercial banks, June 30, 2020 and 2019

Table G.7. Initial margin requirements under Regulations T, U, and X

Table G.8A. Statement of condition of the Federal Reserve Banks, by Bank, December 31, 2020 and 2019

Table G.8A. Statement of condition of the Federal Reserve Banks, by Bank, December 31, 2020 and 2019—continued

Table G.8B. Statement of condition of the Federal Reserve Banks, December 31, 2020 and 2019 Supplemental information—collateral held against Federal Reserve notes: Federal Reserve agents' accounts

Table G.9. Income and expenses of the Federal Reserve Banks, by Bank, 2020

Table G.9. Income and expenses of the Federal Reserve Banks, by Bank, 2020—continued

Table G.10. Income and expenses of the Federal Reserve Banks, 1914–2020

Table G.11. Operations in principal departments of the Federal Reserve Banks, 2017–20

Table G.12. Number and annual salaries of officers and employees of the Federal Reserve Banks, December 31, 2020

Table G.13. Acquisition costs and net book value of the premises of the Federal Reserve Banks and Branches, December 31, 2020