Federal Reserve Statistical Release, H.4.1, Factors Affecting Reserve Balances; title with eagle logo links to Statistical Release home page
Release Date: September 14, 2006
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FEDERAL RESERVE Statistical Release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                         September 14, 2006
1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
                                                                   Averages of daily figures
Reserve Bank credit, related items, and                   Week ended   Change from week ended     Wednesday
reserve balances of depository institutions at           Sep 13, 2006  Sep 6, 2006 Sep 14, 2005 Sep 13, 2006
Federal Reserve Banks

Reserve Bank Credit                                         826,496    -   5,609    +  25,932      826,209
 Securities held outright                                   767,291    +     540    +  34,898      768,874       
    U.S. Treasury (1)                                       767,291    +     540    +  34,898      768,874
       Bills (2)                                            277,019            0    +   9,205      277,019
       Notes and bonds, nominal (2)                         460,216    +     521    +  18,408      461,791
       Notes and bonds, inflation-indexed (2)                26,019            0    +   6,100       26,019
       Inflation compensation (3)                             4,038    +      19    +   1,186        4,046
    Federal agency (2)                                            0            0            0            0      
 Repurchase agreements(4)                                    18,250    -   8,107    -   9,786       16,000
 Loans to depository institutions                               584    +     239    +     272        2,023
    Primary credit                                              244    +     241    +     241        1,677
    Secondary credit                                              0            0            0            0
    Seasonal credit                                             340    -       1    +      31          346
 Float                                                        1,254    +   1,410    +     434           33
 Other Federal Reserve assets                                39,117    +     309    +     113       39,278
Gold stock                                                   11,041            0            0       11,041
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (5)                            38,110    +      14    +   1,681       38,110
       
Total factors supplying reserve funds                       877,847    -   5,595    +  27,613      877,559
                                                                   
Currency in circulation(5)                                  796,201    -   2,372    +  27,093      795,680
Reverse repurchase agreements (6)                            27,089    +      38    +   1,854       26,923
   Foreign official and international accounts               27,089    +      38    +   1,854       26,923
   Dealers                                                        0            0            0            0
Treasury cash holdings                                          176    +       4    -      78          166
Deposits with F.R.Banks, other than reserve balances         11,894    -      31    -   2,336       11,838       
  U.S. Treasury, general account                              4,749    +     218    -     224        4,690
  Foreign official                                               95    +       3    +       4           93
  Service-related                                             6,788    -       3    -   2,094        6,788
     Required clearing balances                               6,788    -       3    -   2,094        6,788
     Adjustments to compensate for float                          0            0            0            0
  Other                                                         262    -     250    -      22          266
Other liabilities and capital                                35,844    -       8    +   4,561       35,547

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                  871,202    -   2,372    +  31,092      870,154

Reserve balances with Federal Reserve Banks                   6,645    -   3,223    -   3,479        7,406
                                                                

Memo (off-balance-sheet items):
  Marketable securities held in custody for foreign
         official and international accounts(2,7)         1,682,130    +   1,758    + 222,400    1,681,477
     U.S. Treasury                                        1,147,649    +   3,002    +  56,674    1,143,934
     Federal agency                                         534,481    -   1,244    + 165,726      537,542
  Securities lent to dealers                                  3,896    +     597    -   1,696        2,393   


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


1  Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.  
2  Face value of the securities. 
3  Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities. 
4  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
5  Estimated. 
6  Cash value of agreements, which are collateralized by U.S. Treasury securities.
7  Includes U.S. Treasury STRIPS and other zero coupon bonds at face value.


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


2. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of Dollars
                                              Eliminations                          Change Since
                                                  from       Wednesday        Wednesday        Wednesday
Assets, liabilities, and capital             consolidation Sep 13, 2006      Sep 6, 2006     Sep 14, 2005

Assets
Gold certificate account                                        11,037                0                0
Special drawing rights certificate account                       2,200                0                0
Coin                                                               809        +      29        +     142
Securities, repurchase agreements, and loans                   786,897        +      42        +  21,296
   Securities held outright                                    768,874        +   2,117        +  35,606
      U.S. Treasury (1)                                        768,874        +   2,117        +  35,606       
         Bills (2)                                             277,019                0        +   9,193
         Notes and bonds, nominal (2)                          461,791        +   2,096        +  19,198
         Notes and bonds, inflation-indexed (2)                 26,019                0        +   6,036
         Inflation compensation (3)                              4,046        +      21        +   1,181
      Federal agency (2)                                             0                0                0
   Repurchase agreements (4)                                    16,000        -   3,750        -  16,000    
   Loans                                                         2,023        +   1,675        +   1,690
Items in process of collection                    (1,130)        4,738        -   8,052        -   2,456
Bank premises                                                    1,886        +       4        +      52
Other assets (5)                                                37,311        +     342        -      73
      Total assets                                (1,130)      844,878        -   7,634        +  18,961
                          
Liabilities
Federal Reserve notes net of FR Bank holdings                  758,542        -   3,655        +  25,038
Reverse repurchase agreements (6)                               26,923        +      45        +     963
Deposits                                              (0)       19,162        -   2,403        -   9,556       
  Depository institutions                                       14,112        -   2,699        -   8,946
  U.S. Treasury, general account                                 4,690        +     317        -     629
  Foreign official                                                  93        -      11        +      10
  Other                                               (0)          266        -      11        +       8
Deferred availability cash items                  (1,130)        4,705        -   1,713        -   2,223
Other liabilities and accrued dividends (7)                      5,464        +     125        +   1,713
      Total liabilities                           (1,130)      814,795        -   7,602        +  15,934
                          
Capital Accounts
Capital paid in                                                 15,068        +       4        +   1,771
Surplus                                                         12,901                0        +   1,271
Other capital accounts                                           2,114        -      37        -      15
      Total capital                                             30,083        -      33        +   3,027


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

1  Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.
2  Face value of the securities.
3  Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities. 
4  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securites.
5  Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates. 
6  Cash value of agreements, which are collateralized by U.S. Treasury securities.
7  Includes exchange-translation account reflecting the daily revaluation at market exchange rates of 
   foreign exchange commitments.



3. Maturity Distribution of Loans and Securities, September 13, 2006
Millions of dollars
                                    U.S. Treasury           Federal agency                      Reverse
Maturity             Loans           securities (1)          securities           Repurchase   repurchase
                                              Weekly                    Weekly    agreements(2)agreements(2)
                                  Holdings    changes      Holdings    changes    
Within 15 days           1,731       54,071   -   1,326            0           0       16,000       26,923
16 days to 90 days         292      172,526   +     872            0           0            0            0
91 days to 1 year            0      185,863   +     457            0           0     ------      ------
Over 1 to 5 years     ------        214,615   +   1,326            0           0     ------      ------
Over 5 to 10 years    ------         60,269   +     552            0           0     ------      ------
Over 10 years         ------         81,531   +     237            0           0     ------      ------
                   		 	
All                      2,023      768,874   +   2,117            0           0       16,000      26,923

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

1  Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face 
   value of such securities. 
2  Cash value of agreements classified by remaining maturity of the agreements.



4. Statement of Condition of Each Federal Reserve Bank on September 13, 2006
Millions of dollars
                                                                                                                                                            Kansas                 San
Assets, liabilities, and capital               Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco

Assets                        
Gold certificate account                      11,037        486      4,139        463        446        853      1,023        947        328        211        324        575      1,242
Special drawing rights certificate acct.       2,200        115        874         83        104        147        166        212         71         30         66         98        234
Coin                                             809         24         49         45         71         75        106        103         39         31         63         78        124
Securities, repurchase agreements,
      and loans                              786,897     36,694    301,745     33,381     33,705     63,871     64,380     70,694     24,493     15,740     22,567     34,512     85,113
   Securities held outright                  768,874     36,689    284,581     33,381     33,200     63,870     64,368     70,598     24,428     15,631     22,514     34,506     85,107
      U.S. Treasury (1)                      768,874     36,689    284,581     33,381     33,200     63,870     64,368     70,598     24,428     15,631     22,514     34,506     85,107
         Bills (2)                           277,019     13,219    102,532     12,027     11,962     23,012     23,191     25,436      8,801      5,632      8,112     12,432     30,663
         Notes and bonds(3)                  491,855     23,471    182,049     21,354     21,238     40,858     41,177     45,162     15,627      9,999     14,403     22,074     54,444
         Federal agency (2)                        0          0          0          0          0          0          0          0          0          0          0          0          0
      Repurchase agreements(4)                16,000          0     16,000          0          0          0          0          0          0          0          0          0          0
      Loans                                    2,023          5      1,164          0        505          1         12         96         65        110         53          6          7
Items in process of collection                 5,869        266        145        647        440        364        573        235        196        242        587        632      1,542
Bank premises                                  1,886        113        208         57        157        160        231        209         72        117        129        259        174
Other assets(5)                               37,311      1,169     13,485      1,797      2,206      6,791      2,648      2,634        705        677        688        903      3,607
Interdistrict settlement account                   0    - 1,214    + 3,948    + 1,455    - 1,068    + 3,035    + 7,032    - 9,949    -   658    -   419    + 1,188    - 2,659    -   692
          Total Assets                       846,008     37,655    324,593     37,929     36,061     75,296     76,158     65,084     25,247     16,630     25,612     34,398     91,345

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

1  Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.
2  Face value of the securities.
3  Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face 
   value of such securities. 
4  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
5  Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates.




4. Statement of Condition of Each Federal Reserve Bank on September 13, 2006
Millions of dollars
                                                                                                                                                            Kansas                 San
Assets, liabilities, and capital                Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco

Liabilities                         
Federal Reserve notes outstanding             932,763     38,132    348,582     39,171     37,101     74,229     94,162     73,392     27,166     17,206     27,359     50,009    106,254
  Less: notes held by F.R. Banks              174,221      3,903     50,506      7,610      6,265     13,110     25,176     14,717      3,932      2,369      4,198     18,536     23,898
    Federal Reserve notes, net                758,542     34,229    298,076     31,561     30,836     61,119     68,986     58,675     23,234     14,837     23,160     31,472     82,356
Reverse repurchase agreements (1)              26,923      1,285      9,965      1,169      1,163      2,236      2,254      2,472        855        547        788      1,208      2,980
Deposits                                       19,162        652      6,961      1,350        975      2,833      1,553      1,264        511        227        576        642      1,619
  Depository institutions                      14,112        650      2,045      1,348        970      2,755      1,547      1,261        479        226        574        642      1,615
  U.S. Treasury, general account                4,690          0      4,690          0          0          0          0          0          0          0          0          0          0
  Foreign official                                 93          1         64          2          3         11          3          3          0          1          1          0          4
  Other                                           266          0        161          0          2         67          3          0         31          0          1          0          0
Deferred availability cash items                5,836        429        147        706        548        512        684        408        119        376        543        365        998
Other liabilities and accrued                 
  dividends (2)                                 5,464        265      1,835        261        265        540        465        498        197        143        179        258        558
   
    Total liabilities                         815,926     36,859    316,984     35,047     33,786     67,240     73,942     63,318     24,916     16,130     25,246     33,946     88,511
                              
Capital                    
Capital paid in                                15,068        383      3,691      1,749      1,128      4,019      1,084        841        156        244        173        211      1,388
Surplus                                        12,901        317      3,685        744      1,013      3,307        892        876        144        245        175        153      1,349
Other capital                                   2,114         96        233        389        133        730        240         48         31         10         18         89         97
     Total liabilities and capital            846,008     37,655    324,593     37,929     36,061     75,296     76,158     65,084     25,247     16,630     25,612     34,398     91,345
                              

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

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


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



Federal Reserve notes and collateral        Wednesday
                                          Sep 13, 2006
              
Federal Reserve notes outstanding             932,763
   Less: Notes held by F.R. Banks
         not subject to collateralization     174,221
      Federal Reserve Notes to be
         collateralized                       758,542 
Collateral held against Federal Reserve            
   notes                                      758,542
   Gold certificate account                    11,037
   Special drawing rights                 
     certificate account                        2,200
   U.S. Treasury and agency securities   
     pledged (1)                              745,305
   Other assets pledged                             0

Memo:
Total U.S. Treasury and agency 
       securities (1)                         784,874
   Less:face value of securities under
         reverse repurchase agreements         26,959
      U.S. Treasury and agency securities
             eligible to be pledged           757,915
   

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

1  Includes face value of U.S. Treasury and agency securities held outright, compensation to adjust for the effect of inflation on the original face 
   value of inflation-indexed securities, and cash value of repurchase agreements.

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