FRB: H.4.1 Release--Factors Affecting Reserve Balances--November 4, 2010

For release at
4:30 P.M. EDT
November 4, 2010

The Board's H.4.1 statistical release, "Factors Affecting Reserve Balances of Depository Institutions
and Condition Statement of Federal Reserve Banks," has been modified to report the funds held as
agent by the Federal Reserve Bank of New York (FRBNY) related to the recapitalization plan
announced by American International Group, Inc. (AIG) on September 30, 2010. The
recapitalization plan, which is expected to close by the end of the first quarter of 2011, is designed to
restructure and facilitate repayment of the financial support provided to AIG by the U.S.
Department of the Treasury and the FRBNY. Pending the closing of the recapitalization plan, the
cash proceeds from certain AIG asset dispositions will be held by the FRBNY as agent.

At the closing of the recapitalization plan, the cash proceeds from certain asset dispositions, most
notably the initial public offering of AIA Group Limited (AIA) and the sale of American Life
Insurance Company (ALICO), will be used first to repay in full the credit extended to AIG by the
FRBNY under the revolving credit facility (AIG loan) and then to retire a portion of the FRBNY's
preferred interests in AIA Aurora LLC and ALICO Holdings LLC (preferred interests) taken earlier
by the FRBNY in satisfaction of a portion of the AIG loan. Alternatively, if the recapitalization plan
is terminated under the terms of the plan, then the proceeds from the initial public offering of AIA
and the sale of ALICO will be used to redeem the preferred interests in accordance with the AIA
Aurora LLC and ALICO Holdings LLC limited liability company agreements, and any excess
proceeds from these transactions, as well as proceeds from the disposition of other assets, will be
used to repay the AIG loan.

The FRBNY began to hold as agent funds from the cash proceeds from the initial public offering of
AIA on October 29, 2010, and from the cash proceeds from the sale of ALICO on November 1,
2010.

The funds held by the FRBNY as agent from the disposition of the AIG assets are reported in table
1 and are included in "Other liabilities and accrued dividends" in table 9 and in table 10.

FEDERAL RESERVE statistical release
H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
November 4, 2010

1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and Averages of daily figures Wednesday
reserve balances of depository institutions at Week ended Change from week ended Nov 3, 2010
Federal Reserve Banks Nov 3, 2010 Oct 27, 2010 Nov 4, 2009

Reserve Bank credit 2,280,752 - 1,986 + 131,857 2,282,538
Securities held outright (1) 2,040,709 - 3,192 + 343,065 2,042,727
U.S. Treasury securities 839,990 + 5,713 + 63,758 842,008
Bills (2) 18,423 0 0 18,423
Notes and bonds, nominal (2) 772,975 + 5,700 + 65,603 774,990
Notes and bonds, inflation-indexed (2) 42,978 0 - 1,665 42,978
Inflation compensation (3) 5,614 + 14 - 180 5,617
Federal agency debt securities (2) 149,681 - 498 + 2,722 149,681
Mortgage-backed securities (4) 1,051,037 - 8,408 + 276,583 1,051,037
Repurchase agreements (5) 0 0 0 0
Term auction credit 0 0 - 139,245 0
Other loans 47,154 - 690 - 63,454 47,172
Primary credit 64 + 40 - 22,546 31
Secondary credit 0 0 - 197 0
Seasonal credit 23 - 9 - 37 20
Asset-Backed Commercial Paper Money Market
Mutual Fund Liquidity Facility 0 0 0 0
Credit extended to American International
Group, Inc., net (6) 19,197 - 76 - 25,411 19,530
Term Asset-Backed Securities Loan Facility (7) 27,871 - 645 - 15,261 27,592
Other credit extensions 0 0 0 0
Net portfolio holdings of Commercial Paper
Funding Facility LLC (8) 0 0 - 15,647 0
Net portfolio holdings of Maiden Lane LLC (9) 28,486 + 516 + 2,197 28,509
Net portfolio holdings of Maiden Lane II LLC (10) 16,475 + 679 + 467 16,477
Net portfolio holdings of Maiden Lane III LLC (11) 23,545 + 603 + 365 23,596
Net portfolio holdings of TALF LLC (12) 622 0 + 622 622
Preferred interests in AIA Aurora LLC and ALICO
Holdings LLC (13) 26,057 0 + 26,057 26,057
Float -1,667 - 145 + 194 -2,171
Central bank liquidity swaps (14) 60 0 - 31,824 60
Other Federal Reserve assets (15) 99,311 + 244 + 9,061 99,490
Gold stock 11,041 0 0 11,041
Special drawing rights certificate account 5,200 0 0 5,200
Treasury currency outstanding (16) 43,448 + 14 + 841 43,448

Total factors supplying reserve funds 2,340,440 - 1,973 + 132,697 2,342,226

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

1. Factors Affecting Reserve Balances of Depository Institutions (continued)
Millions of dollars
Reserve Bank credit, related items, and Averages of daily figures Wednesday
reserve balances of depository institutions at Week ended Change from week ended Nov 3, 2010
Federal Reserve Banks Nov 3, 2010 Oct 27, 2010 Nov 4, 2009

Currency in circulation (16) 964,752 + 3,385 + 49,677 968,841
Reverse repurchase agreements (17) 57,394 + 505 - 7,450 54,591
Foreign official and international accounts 57,394 + 2,118 - 7,450 54,591
Others 0 - 1,613 0 0
Treasury cash holdings 186 - 35 - 70 176
Deposits with F.R. Banks, other than reserve balances 244,958 - 3,372 + 166,739 246,603
Term deposits held by depository institutions 5,113 0 + 5,113 5,113
U.S. Treasury, general account 34,276 - 3,643 - 15,235 36,018
U.S. Treasury, supplementary financing account 199,960 - 1 + 184,961 199,960
Foreign official 2,515 + 337 + 94 2,676
Service-related 2,396 0 - 837 2,396
Required clearing balances 2,396 0 - 837 2,396
Adjustments to compensate for float 0 0 0 0
Other 697 - 65 - 7,357 440
Funds from American International Group, Inc. asset
dispositions, held as agent (18) 6,895 + 6,895 + 6,895 18,850
Other liabilities and capital (19) 74,009 + 1,593 + 9,314 72,808

Total factors, other than reserve balances,
absorbing reserve funds 1,348,193 + 8,969 + 225,105 1,361,871

Reserve balances with Federal Reserve Banks 992,247 - 10,942 - 92,408 980,356

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

1. Includes securities lent to dealers under the overnight and term securities lending facilities; refer to
table 1A.
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. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the
remaining principal balance of the underlying mortgages.
5. Cash value of agreements.
6. Includes outstanding principal and capitalized interest net of unamortized deferred commitment fees and
allowance for loan restructuring. Excludes credit extended to consolidated LLCs.
7. Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the Term
Asset-Backed Securities Loan Facility.
8. Includes the book value of the commercial paper, net of amortized costs and related fees, and other
investments held by the Commercial Paper Funding Facility LLC.
9. Refer to table 4 and the note on consolidation accompanying table 10.
10. Refer to table 5 and the note on consolidation accompanying table 10.
11. Refer to table 6 and the note on consolidation accompanying table 10.
12. Refer to table 7 and the note on consolidation accompanying table 10.
13. Refer to table 8.
14. 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.
15. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange
rates, accrued dividends on the Federal Reserve Bank of New York's (FRBNY) preferred interests in AIA
Aurora LLC and ALICO Holdings LLC, and the fair value adjustment to credit extended by the FRBNY to
eligible borrowers through the Term Asset-Backed Securities Loan Facility.
16. Estimated.
17. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt
securities, and mortgage-backed securities.
18. Pending the closing of the recapitalization plan announced by American International Group, Inc. (AIG) on
September 30, 2010, the cash proceeds from the disposition of certain AIG assets will be held by the
FRBNY as agent. At the closing of the recapitalization plan, the proceeds will be used first to repay in
full the credit extended to AIG by the FRBNY under the revolving credit facility and then to retire a
portion of the FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC (preferred
interests). Alternatively, if the recapitalization plan is terminated under the terms of the plan, then
the proceeds from the initial public offering of AIA and the sale of ALICO will be used to redeem the
preferred interests in accordance with the AIA Aurora LLC and ALICO Holdings LLC limited liability
company agreements, and any excess proceeds from these transactions, as well as proceeds from the
disposition of other assets, will be used to repay the credit extended to AIG under the revolving credit
facility.
19. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to
entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only
to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation
accompanying table 10.

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

1A. Memorandum Items
Millions of dollars
Averages of daily figures Wednesday
Week ended Change from week ended Nov 3, 2010
Memorandum item Nov 3, 2010 Oct 27, 2010 Nov 4, 2009

Marketable securities held in custody for foreign
official and international accounts (1) 3,315,695 + 21,622 + 405,863 3,325,020
U.S. Treasury securities 2,583,896 + 21,719 + 434,957 2,590,915
Federal agency securities (2) 731,799 - 97 - 29,093 734,105
Securities lent to dealers 4,789 - 663 - 1,644 3,758
Overnight facility (3) 4,789 - 663 - 1,644 3,758
U.S. Treasury securities 3,727 - 561 - 1,626 2,761
Federal agency debt securities 1,062 - 102 - 18 997
Term facility (4) 0 0 0 0

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

1. Face value of the securities. Includes U.S. Treasury STRIPS and other zero-coupon bonds at face value and
mortgage-backed securities at original face value.
2. Includes debt and mortgage-backed securities.
3. Fully collateralized by U.S. Treasury securities.
4. U.S. Treasury securities only. Fully collateralized by U.S. Treasury securities, federal agency
securities, and other highly rated debt securities.

2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, November 3, 2010
Millions of dollars
Within 15 16 days to 91 days to Over 1 year Over 5 years Over 10 All
Remaining maturity days 90 days 1 year to 5 years to 10 years years

Other loans (1) 34 16 0 47,122 0 ... 47,172
U.S. Treasury securities (2)
Holdings 16,840 17,280 50,651 364,061 247,169 146,008 842,008
Weekly changes + 4,744 - 4,541 + 1,799 + 1,556 + 598 + 5 + 4,160
Federal agency debt securities (3)
Holdings 687 4,370 36,956 73,522 31,799 2,347 149,681
Weekly changes + 687 - 687 0 0 0 0 0
Mortgage-backed securities (4)
Holdings 0 0 0 27 21 1,050,990 1,051,037
Weekly changes 0 0 0 0 0 0 0
Asset-backed securities held by
TALF LLC (5) 0 0 0 0 0 0 0
Repurchase agreements (6) 0 0 ... ... ... ... 0
Central bank liquidity swaps (7) 60 0 0 0 0 0 60

Reverse repurchase agreements (6) 54,591 0 ... ... ... ... 54,591
Term deposits 5,113 0 0 ... ... ... 5,113

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

1. Excludes the loans from the Federal Reserve Bank of New York (FRBNY) to Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III
LLC, and TALF LLC. The loans were eliminated when preparing the FRBNY's statement of condition consistent with consolidation
under generally accepted accounting principles.
2. Face value. For inflation-indexed securities, includes the original face value and compensation that adjusts for the effect of
inflation on the original face value of such securities.
3. Face value.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal
balance of the underlying mortgages.
5. Face value of asset-backed securities held by TALF LLC, which is the remaining principal balance of the underlying assets.
6. Cash value of agreements.
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.

3. Supplemental Information on Mortgage-Backed Securities Purchase Program
Millions of dollars
Wednesday
Account name Nov 3, 2010

Mortgage-backed securities held outright (1) 1,051,037

Commitments to buy mortgage-backed securities (2) 0
Commitments to sell mortgage-backed securities (2) 0

Cash and cash equivalents (3) 0

1. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal
balance of the underlying mortgages.
2. Current face value. Generally settle within 180 days and include commitments associated with outright transactions, dollar rolls,
and coupon swaps.
3. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 9 and table 10.

4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
Wednesday
Account name Nov 3, 2010

Net portfolio holdings of Maiden Lane LLC (1) 28,509

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2) 26,973
Accrued interest payable to the Federal Reserve Bank of New York (2) 586
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3) 1,304

1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of
September 30, 2010. Any assets purchased after this valuation date are initially recorded at cost until their estimated fair
value as of the purchase date becomes available.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent
with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 10.
3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities
and accrued dividends in table 9 and table 10.

Note: On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC under the authority of
section 13(3) of the Federal Reserve Act. This limited liability company was formed to acquire certain assets of Bear Stearns and to
manage those assets through time to maximize repayment of the credit extended and to minimize disruption to financial markets.
Payments by Maiden Lane LLC from the proceeds of the net portfolio holdings will be made in the following order: operating expenses
of the LLC, principal due to the FRBNY, interest due to the FRBNY, principal due to JPMorgan Chase & Co., and interest due to
JPMorgan Chase & Co. Any remaining funds will be paid to the FRBNY.

5. Information on Principal Accounts of Maiden Lane II LLC
Millions of dollars
Wednesday
Account name Nov 3, 2010

Net portfolio holdings of Maiden Lane II LLC (1) 16,477

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2) 13,452
Accrued interest payable to the Federal Reserve Bank of New York (2) 424
Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc. (3) 1,066

1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of
September 30, 2010. Any assets purchased after this valuation date are initially recorded at cost until their estimated fair
value as of the purchase date becomes available.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent
with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 10.
3. Book value. The deferred payment represents the portion of the proceeds of the net portfolio holdings due to subsidiaries of
American International Group, Inc. in accordance with the asset purchase agreement. The fair value of this payment and accrued
interest payable are included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in table
9 and table 10.

Note: On December 12, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane II LLC under the
authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase residential
mortgage-backed securities from the U.S. securities lending reinvestment portfolio of subsidiaries of American International Group,
Inc. (AIG subsidiaries). Payments by Maiden Lane II LLC from the proceeds of the net portfolio holdings will be made in the
following order: operating expenses of Maiden Lane II LLC, principal due to the FRBNY, interest due to the FRBNY, and deferred
payment and interest due to AIG subsidiaries. Any remaining funds will be shared by the FRBNY and AIG subsidiaries.

6. Information on Principal Accounts of Maiden Lane III LLC
Millions of dollars
Wednesday
Account name Nov 3, 2010

Net portfolio holdings of Maiden Lane III LLC (1) 23,596

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2) 14,290
Accrued interest payable to the Federal Reserve Bank of New York (2) 517
Outstanding principal amount and accrued interest on loan payable to American International Group, Inc. (3) 5,338

Note: On November 25, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane III LLC under the
authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase multi-sector
collateralized debt obligations (CDOs) on which the Financial Products group of American International Group, Inc. (AIG) has written
credit default swap (CDS) contracts. In connection with the purchase of CDOs, the CDS counterparties will concurrently unwind the
related CDS transactions. Payments by Maiden Lane III LLC from the proceeds of the net portfolio holdings will be made in the
following order: operating expenses of Maiden Lane III LLC, principal due to the FRBNY, interest due to the FRBNY, principal due to
AIG, and interest due to AIG. Any remaining funds will be shared by the FRBNY and AIG.

7. Information on Principal Accounts of TALF LLC
Millions of dollars
Wednesday
Account name Nov 3, 2010

Asset-backed securities holdings (1) 0
Other investments, net 622
Net portfolio holdings of TALF LLC 622

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2) 0
Accrued interest payable to the Federal Reserve Bank of New York (2) 0
Funding provided by U.S. Treasury to TALF LLC, including accrued interest payable (3) 105

1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
be conducted in an orderly market on the measurement date.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent
with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 10.
3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities
and accrued dividends in table 9 and table 10.

Note: On November 25, 2008, the Federal Reserve announced the creation of the Term Asset-Backed Securities Loan Facility (TALF)
under the authority of section 13(3) of the Federal Reserve Act. The TALF is a facility under which the Federal Reserve Bank of New
York (FRBNY) extends loans with a term of up to five years to holders of eligible asset-backed securities. The TALF is intended to
assist financial markets in accommodating the credit needs of consumers and businesses by facilitating the issuance of asset-backed
securities collateralized by a variety of consumer and business loans. The loans provided through the TALF to eligible borrowers are
non-recourse, meaning that the obligation of the borrower can be discharged by surrendering the collateral to the FRBNY. The loans
are extended for the market value of the security less an amount known as a haircut. As a result, the borrower bears the initial
risk of a decline in the value of the security.

TALF LLC is a limited liability company formed to purchase and manage any asset-backed securities received by the FRBNY in
connection with the decision of a borrower not to repay a TALF loan. TALF LLC has committed, for a fee, to purchase all asset-backed
securities received by the FRBNY in conjunction with a TALF loan at a price equal to the TALF loan plus accrued but unpaid interest.
Losses on asset-backed securities held by TALF LLC will be offset in the following order: by the commitment fees collected by TALF
LLC, by the interest received on investments of TALF LLC, by up to $4.3 billion in subordinated debt funding provided by the U.S.
Treasury, and finally, by senior debt funding provided by the FRBNY. Payments by TALF LLC from the proceeds of its net portfolio
holdings will be made in the following order: operating expenses of TALF LLC, principal due to the FRBNY, principal due to the U.S.
Treasury, interest due to the FRBNY, and interest due to the U.S. Treasury. Any remaining funds will be shared by the FRBNY and the
U.S. Treasury.

8. Supplemental Information on the Federal Reserve Bank of New York's Preferred Interests in
AIA Aurora LLC and ALICO Holdings LLC
Millions of dollars
Wednesday
Account name Nov 3, 2010

Preferred interests in AIA Aurora LLC and ALICO Holdings LLC (1) 26,057
Accrued dividends on preferred interests in AIA Aurora LLC and ALICO Holdings LLC (2) 121

Preferred interests in AIA Aurora LLC (1) 16,676
Accrued dividends on preferred interests in AIA Aurora LLC (2) 78

Preferred interests in ALICO Holdings LLC (1) 9,380
Accrued dividends on preferred interests in ALICO Holdings LLC (2) 44

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

1. Book value.
2. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 9 and table 10.

Note on preferred interests:

In conjunction with the restructuring of the government's assistance to American International Group, Inc. (AIG) announced March 2,
2009, the outstanding balance and amount available of revolving credit provided to AIG by the FRBNY has been reduced in exchange for
preferred interests in two special purpose vehicles, AIA Aurora LLC and ALICO Holdings LLC. These two limited liability companies
were created to directly or indirectly hold all of the outstanding common stock of American International Assurance Company Ltd.
(AIA) and American Life Insurance Company (ALICO), two life insurance subsidiaries of AIG. AIG will retain control of AIA Aurora LLC
and ALICO Holdings LLC, and the FRBNY will have certain consent, disposition, and conversion rights with respect to its preferred
interests.

Dividends accrue as a percentage of the FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC. On a quarterly basis,
the accrued dividends are capitalized and added to the FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC.

9. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Eliminations from Wednesday Change since
consolidation Nov 3, 2010 Wednesday Wednesday
Assets, liabilities, and capital Oct 27, 2010 Nov 4, 2009

Assets
Gold certificate account 11,037 0 0
Special drawing rights certificate account 5,200 0 0
Coin 2,166 - 22 + 78
Securities, repurchase agreements, term auction
credit, and other loans 2,089,899 + 3,769 + 142,824
Securities held outright (1) 2,042,727 + 4,161 + 344,862
U.S. Treasury securities 842,008 + 4,160 + 65,496
Bills (2) 18,423 0 0
Notes and bonds, nominal (2) 774,990 + 4,149 + 67,341
Notes and bonds, inflation-indexed (2) 42,978 0 - 1,665
Inflation compensation (3) 5,617 + 11 - 181
Federal agency debt securities (2) 149,681 0 + 2,722
Mortgage-backed securities (4) 1,051,037 0 + 276,643
Repurchase agreements (5) 0 0 0
Term auction credit 0 0 - 139,245
Other loans 47,172 - 392 - 62,794
Net portfolio holdings of Commercial Paper
Funding Facility LLC (6) 0 0 - 14,480
Net portfolio holdings of Maiden Lane LLC (7) 28,509 + 40 + 2,188
Net portfolio holdings of Maiden Lane II LLC (8) 16,477 + 5 + 468
Net portfolio holdings of Maiden Lane III LLC (9) 23,596 + 64 + 363
Net portfolio holdings of TALF LLC (10) 622 0 + 622
Preferred interests in AIA Aurora LLC and ALICO
Holdings LLC (11) 26,057 0 + 26,057
Items in process of collection (90) 312 + 28 - 136
Bank premises 2,221 - 5 - 3
Central bank liquidity swaps (12) 60 0 - 31,824
Other assets (13) 97,239 + 1,082 + 9,028

Total assets (90) 2,303,395 + 4,961 + 135,185

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

9. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
Eliminations from Wednesday Change since
consolidation Nov 3, 2010 Wednesday Wednesday
Assets, liabilities, and capital Oct 27, 2010 Nov 4, 2009

Liabilities
Federal Reserve notes, net of F.R. Bank holdings 927,731 + 5,406 + 50,241
Reverse repurchase agreements (14) 54,591 - 961 - 6,144
Deposits (0) 1,226,930 - 18,345 + 63,069
Term deposits held by depository institutions 5,113 0 + 5,113
Other deposits held by depository institutions 982,722 - 27,883 - 82,396
U.S. Treasury, general account 36,018 + 8,789 - 45,558
U.S. Treasury, supplementary financing account 199,960 - 1 + 184,961
Foreign official 2,676 + 975 + 1,240
Other (0) 440 - 225 - 292
Deferred availability cash items (90) 2,484 + 418 - 500
Other liabilities and accrued dividends (15) 34,877 + 18,975 + 23,100

Total liabilities (90) 2,246,613 + 5,493 + 129,767

Capital accounts
Capital paid in 26,714 - 1 + 1,601
Surplus 25,904 + 6 + 4,489
Other capital accounts 4,163 - 537 - 673

Total capital 56,782 - 531 + 5,418

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

10. Statement of Condition of Each Federal Reserve Bank, November 3, 2010
Millions of dollars
Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas Dallas San
Assets, liabilities, and capital City Francisco

Assets
Gold certificate account 11,037 369 4,038 404 463 846 1,385 887 324 203 296 652 1,170
Special drawing rights certificate acct. 5,200 196 1,818 210 237 412 654 424 150 90 153 282 574
Coin 2,166 68 80 172 163 317 198 330 35 60 156 231 357
Securities, repurchase agreements,
term auction credit, and other
loans 2,089,899 51,695 880,663 47,719 69,403 232,645 193,302 154,005 52,617 27,974 70,079 85,778 224,020
Securities held outright (1) 2,042,727 51,695 833,541 47,704 69,403 232,645 193,298 153,994 52,617 27,964 70,074 85,775 224,018
U.S. Treasury securities 842,008 21,308 343,584 19,663 28,608 95,896 79,677 63,476 21,689 11,527 28,884 35,356 92,340
Bills (2) 18,423 466 7,517 430 626 2,098 1,743 1,389 475 252 632 774 2,020
Notes and bonds (3) 823,586 20,842 336,067 19,233 27,982 93,798 77,934 62,087 21,214 11,275 28,252 34,583 90,319
Federal agency debt securities (2) 149,681 3,788 61,078 3,495 5,086 17,047 14,164 11,284 3,856 2,049 5,135 6,285 16,415
Mortgage-backed securities (4) 1,051,037 26,598 428,879 24,545 35,710 119,702 99,457 79,234 27,073 14,388 36,055 44,134 115,263
Repurchase agreements (5) 0 0 0 0 0 0 0 0 0 0 0 0 0
Term auction credit 0 0 0 0 0 0 0 0 0 0 0 0 0
Other loans 47,172 0 47,122 15 0 0 4 11 0 10 6 3 2
Net portfolio holdings of Commercial
Paper Funding Facility LLC (6) 0 0 0 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane LLC (7) 28,509 0 28,509 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane II LLC (8) 16,477 0 16,477 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane III LLC (9) 23,596 0 23,596 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of TALF LLC (10) 622 0 622 0 0 0 0 0 0 0 0 0 0
Preferred interests in AIA Aurora LLC
and ALICO Holdings LLC (11) 26,057 0 26,057 0 0 0 0 0 0 0 0 0 0
Items in process of collection 402 13 0 46 126 8 31 53 18 13 30 36 28
Bank premises 2,221 128 254 68 141 238 217 209 135 107 265 246 213
Central bank liquidity swaps (12) 60 2 17 7 4 17 4 1 1 2 0 1 4
Other assets (13) 97,239 2,789 36,560 4,580 4,385 15,484 8,296 5,912 2,088 1,737 2,633 3,330 9,445
Interdistrict settlement account 0 + 3,058 + 105,459 + 26,182 - 14,421 - 15,669 - 36,375 - 31,406 - 11,191 - 1,212 - 10,234 + 1,955 - 16,148

Total assets 2,303,485 58,317 1,124,150 79,386 60,502 234,297 167,712 130,416 44,176 28,975 63,379 92,511 219,663

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

10. Statement of Condition of Each Federal Reserve Bank, November 3, 2010 (continued)
Millions of dollars
Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas Dallas San
Assets, liabilities, and capital City Francisco

Liabilities
Federal Reserve notes outstanding 1,128,630 41,090 386,782 45,643 45,922 89,423 143,501 87,386 32,796 20,137 33,615 76,425 125,910
Less: Notes held by F.R. Banks 200,898 4,288 79,671 5,062 7,927 13,788 25,874 12,220 4,364 5,787 3,332 11,534 27,051
Federal Reserve notes, net 927,731 36,802 307,111 40,581 37,995 75,635 117,627 75,165 28,432 14,350 30,283 64,890 98,859
Reverse repurchase agreements (14) 54,591 1,382 22,276 1,275 1,855 6,217 5,166 4,115 1,406 747 1,873 2,292 5,987
Deposits 1,226,930 17,939 747,625 31,330 15,945 138,788 41,005 49,073 13,592 11,692 30,409 24,096 105,436
Term deposits held by depository
institutions 5,113 50 3,573 0 10 63 2 103 28 2 18 5 1,260
Other deposits held by depository
institutions 982,722 17,874 505,209 31,325 15,932 138,587 41,001 48,955 13,562 11,688 30,389 24,091 104,109
U.S. Treasury, general account 36,018 0 36,018 0 0 0 0 0 0 0 0 0 0
U.S. Treasury, supplementary
financing account 199,960 0 199,960 0 0 0 0 0 0 0 0 0 0
Foreign official 2,676 1 2,648 4 3 11 2 1 0 1 0 1 3
Other 440 14 217 0 0 127 0 14 2 0 1 0 64
Deferred availability cash items 2,573 97 0 252 542 111 125 199 70 407 124 118 527
Other liabilities and accrued
dividends (15) 34,877 203 31,106 245 266 768 511 421 188 143 188 262 576

Total liabilities 2,246,703 56,423 1,108,118 73,682 56,603 221,519 164,435 128,974 43,688 27,340 62,877 91,658 211,386

Capital
Capital paid in 26,714 916 7,666 2,831 1,920 5,437 1,552 671 216 807 230 400 4,070
Surplus 25,904 946 7,698 2,804 1,911 7,141 1,581 621 239 712 210 353 1,688
Other capital 4,163 32 668 69 68 201 145 150 34 117 63 100 2,518

Total liabilities and capital 2,303,485 58,317 1,124,150 79,386 60,502 234,297 167,712 130,416 44,176 28,975 63,379 92,511 219,663

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

10. Statement of Condition of Each Federal Reserve Bank, November 3, 2010 (continued)
1. Includes securities lent to dealers under the overnight and term securities lending facilities; refer to table 1A.
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. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the underlying mortgages.
5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
6. Includes the book value of the commercial paper, net of amortized costs and related fees, and other investments held by the Commercial Paper Funding Facility LLC.
7. Refer to table 4 and the note on consolidation below.
8. Refer to table 5 and the note on consolidation below.
9. Refer to table 6 and the note on consolidation below.
10. Refer to table 7 and the note on consolidation below.
11. Refer to table 8.
12. 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.
13. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates, accrued dividends on the Federal Reserve Bank of New York's (FRBNY) preferred interests
in AIA Aurora LLC and ALICO Holdings LLC, and the fair value adjustment to credit extended by the FRBNY to eligible borrowers through the Term Asset-Backed Securities Loan Facility.
14. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.
15. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to entities other than the Federal Reserve Bank of New York, including liabilities that have
recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation below. Also includes funds from American International Group, Inc. asset
dispositions, held as agent.

Note on consolidation:

The Federal Reserve Bank of New York (FRBNY) has extended loans to several limited liability companies under the authority of section 13(3) of the Federal Reserve Act. On June 26, 2008, a loan was
extended to Maiden Lane LLC, which was formed to acquire certain assets of Bear Stearns. On November 25, 2008, a loan was extended to Maiden Lane III LLC, which was formed to purchase multi-sector
collateralized debt obligations on which the Financial Products group of the American International Group, Inc. has written credit default swap contracts. On December 12, 2008, a loan was extended to
Maiden Lane II LLC, which was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment portfolio of subsidiaries of American International Group, Inc.
On November 25, 2008, the Federal Reserve Board authorized the FRBNY to extend credit to TALF LLC, which was formed to purchase and manage any asset-backed securities received by the FRBNY in
connection with the decision of a borrower not to repay a loan extended under the Term Asset-Backed Securities Loan Facility.

The FRBNY is the primary beneficiary of TALF LLC, because of the two beneficiaries of the LLC, the FRBNY and the U.S. Treasury, the FRBNY is primarily responsible for directing the financial
activities of TALF LLC. The FRBNY is the primary beneficiary of the other LLCs cited above because it will receive a majority of any residual returns of the LLCs and absorb a majority of any residual
losses of the LLCs. Consistent with generally accepted accounting principles, the assets and liabilities of these LLCs have been consolidated with the assets and liabilities of the FRBNY in the
preparation of the statements of condition shown on this release. As a consequence of the consolidation, the extensions of credit from the FRBNY to the LLCs are eliminated, the net assets of the LLCs
appear as assets on the previous page (and in table 1 and table 9), and the liabilities of the LLCs to entities other than the FRBNY, including those with recourse only to the portfolio holdings of
the LLCs, are included in other liabilities in this table (and table 1 and table 9).

11. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Wednesday
Federal Reserve notes and collateral Nov 3, 2010

Federal Reserve notes outstanding 1,128,630
Less: Notes held by F.R. Banks not subject to collateralization 200,898
Federal Reserve notes to be collateralized 927,731
Collateral held against Federal Reserve notes 927,731
Gold certificate account 11,037
Special drawing rights certificate account 5,200
U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2) 911,495
Other assets pledged 0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2) 2,042,727
Less: Face value of securities under reverse repurchase agreements 48,022
U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 1,994,705

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

1. Includes face value of U.S. Treasury, agency debt, and mortgage-backed 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.
2. Includes securities lent to dealers under the overnight and term securities lending facilities; refer
to table 1A.

Statistical releases