FRB: H.4.1 Release--Factors Affecting Reserve Balances--November 12, 2010

FEDERAL RESERVE statistical release
H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
November 12, 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 10, 2010
Federal Reserve Banks Nov 10, 2010 Nov 3, 2010 Nov 11, 2009

Reserve Bank credit 2,289,222 + 8,470 + 172,975 2,295,222
Securities held outright (1) 2,048,604 + 7,895 + 349,138 2,053,759
U.S. Treasury securities 847,886 + 7,896 + 71,369 853,041
Bills (2) 18,423 0 0 18,423
Notes and bonds, nominal (2) 780,863 + 7,888 + 73,214 786,015
Notes and bonds, inflation-indexed (2) 42,978 0 - 1,665 42,978
Inflation compensation (3) 5,621 + 7 - 182 5,625
Federal agency debt securities (2) 149,681 0 + 1,559 149,681
Mortgage-backed securities (4) 1,051,037 0 + 276,210 1,051,037
Repurchase agreements (5) 0 0 0 0
Term auction credit 0 0 - 109,456 0
Other loans 46,703 - 451 - 61,518 46,676
Primary credit 13 - 51 - 20,786 10
Secondary credit 1 + 1 + 1 0
Seasonal credit 19 - 4 - 48 19
Asset-Backed Commercial Paper Money Market
Mutual Fund Liquidity Facility 0 0 0 0
Credit extended to American International
Group, Inc., net (6) 19,455 + 258 - 24,810 19,685
Term Asset-Backed Securities Loan Facility (7) 27,215 - 656 - 15,876 26,962
Other credit extensions 0 0 0 0
Net portfolio holdings of Commercial Paper
Funding Facility LLC (8) 0 0 - 14,402 0
Net portfolio holdings of Maiden Lane LLC (9) 28,510 + 24 + 2,184 28,518
Net portfolio holdings of Maiden Lane II LLC (10) 16,279 - 196 + 547 16,280
Net portfolio holdings of Maiden Lane III LLC (11) 23,241 - 304 + 395 23,321
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 -1,828 - 161 - 279 -1,938
Central bank liquidity swaps (14) 60 0 - 29,028 60
Other Federal Reserve assets (15) 100,974 + 1,663 + 8,715 101,865
Gold stock 11,041 0 0 11,041
Special drawing rights certificate account 5,200 0 0 5,200
Treasury currency outstanding (16) 43,481 + 14 + 864 43,481

Total factors supplying reserve funds 2,348,944 + 8,484 + 173,838 2,354,944

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 10, 2010
Federal Reserve Banks Nov 10, 2010 Nov 3, 2010 Nov 11, 2009

Currency in circulation (16) 970,980 + 6,209 + 52,331 974,928
Reverse repurchase agreements (17) 55,045 - 2,349 - 5,217 55,088
Foreign official and international accounts 55,045 - 2,349 - 5,217 55,088
Others 0 0 0 0
Treasury cash holdings 174 - 12 - 70 164
Deposits with F.R. Banks, other than reserve balances 229,443 - 15,515 + 133,201 221,060
Term deposits held by depository institutions 0 - 5,113 0 0
U.S. Treasury, general account 21,585 - 12,691 - 53,052 8,267
U.S. Treasury, supplementary financing account 199,958 - 2 + 184,959 199,958
Foreign official 1,876 - 639 + 279 1,784
Service-related 2,366 - 30 - 770 2,366
Required clearing balances 2,366 - 30 - 770 2,366
Adjustments to compensate for float 0 0 0 0
Other 3,659 + 2,962 + 1,787 8,685
Funds from American International Group, Inc. asset
dispositions, held as agent (18) 26,217 + 19,322 + 26,217 26,684
Other liabilities and capital (19) 73,447 - 562 + 8,984 72,517

Total factors, other than reserve balances,
absorbing reserve funds 1,355,306 + 7,094 + 215,447 1,350,441

Reserve balances with Federal Reserve Banks 993,638 + 1,391 - 41,609 1,004,502

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 10, 2010
Memorandum item Nov 10, 2010 Nov 3, 2010 Nov 11, 2009

Marketable securities held in custody for foreign
official and international accounts (1) 3,336,046 + 20,351 + 419,342 3,333,909
U.S. Treasury securities 2,603,903 + 20,007 + 447,622 2,604,486
Federal agency securities (2) 732,143 + 344 - 28,280 729,422
Securities lent to dealers 5,770 + 981 - 528 4,236
Overnight facility (3) 5,770 + 981 - 528 4,236
U.S. Treasury securities 4,683 + 956 - 390 2,919
Federal agency debt securities 1,087 + 25 - 138 1,317
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 10, 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) 12 17 0 46,647 0 ... 46,676
U.S. Treasury securities (2)
Holdings 10,555 23,566 50,651 367,997 254,262 146,011 853,041
Weekly changes - 6,285 + 6,286 0 + 3,936 + 7,093 + 3 + 11,033
Federal agency debt securities (3)
Holdings 1,503 3,554 36,956 73,522 31,799 2,347 149,681
Weekly changes + 816 - 816 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) 55,088 0 ... ... ... ... 55,088
Term deposits 0 0 0 ... ... ... 0

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 10, 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 10, 2010

Net portfolio holdings of Maiden Lane LLC (1) 28,518

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) 591
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3) 1,305

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 10, 2010

Net portfolio holdings of Maiden Lane II LLC (1) 16,280

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2) 13,254
Accrued interest payable to the Federal Reserve Bank of New York (2) 428
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 10, 2010

Net portfolio holdings of Maiden Lane III LLC (1) 23,321

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2) 13,922
Accrued interest payable to the Federal Reserve Bank of New York (2) 521
Outstanding principal amount and accrued interest on loan payable to American International Group, Inc. (3) 5,341

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 10, 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) 106

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 10, 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) 150

Preferred interests in AIA Aurora LLC (1) 16,676
Accrued dividends on preferred interests in AIA Aurora LLC (2) 96

Preferred interests in ALICO Holdings LLC (1) 9,380
Accrued dividends on preferred interests in ALICO Holdings LLC (2) 54

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 10, 2010 Wednesday Wednesday
Assets, liabilities, and capital Nov 3, 2010 Nov 11, 2009

Assets
Gold certificate account 11,037 0 0
Special drawing rights certificate account 5,200 0 0
Coin 2,143 - 23 + 83
Securities, repurchase agreements, term auction
credit, and other loans 2,100,435 + 10,536 + 181,444
Securities held outright (1) 2,053,759 + 11,032 + 351,993
U.S. Treasury securities 853,041 + 11,033 + 76,521
Bills (2) 18,423 0 0
Notes and bonds, nominal (2) 786,015 + 11,025 + 78,366
Notes and bonds, inflation-indexed (2) 42,978 0 - 1,665
Inflation compensation (3) 5,625 + 8 - 181
Federal agency debt securities (2) 149,681 0 + 8
Mortgage-backed securities (4) 1,051,037 0 + 275,464
Repurchase agreements (5) 0 0 0
Term auction credit 0 0 - 109,456
Other loans 46,676 - 496 - 61,093
Net portfolio holdings of Commercial Paper
Funding Facility LLC (6) 0 0 - 14,299
Net portfolio holdings of Maiden Lane LLC (7) 28,518 + 9 + 2,179
Net portfolio holdings of Maiden Lane II LLC (8) 16,280 - 197 + 547
Net portfolio holdings of Maiden Lane III LLC (9) 23,321 - 275 + 389
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 (91) 267 - 45 - 144
Bank premises 2,224 + 3 - 2
Central bank liquidity swaps (12) 60 0 - 29,028
Other assets (13) 99,592 + 2,353 + 9,735

Total assets (91) 2,315,758 + 12,363 + 177,585

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 10, 2010 Wednesday Wednesday
Assets, liabilities, and capital Nov 3, 2010 Nov 11, 2009

Liabilities
Federal Reserve notes, net of F.R. Bank holdings 933,751 + 6,020 + 52,871
Reverse repurchase agreements (14) 55,088 + 497 - 5,315
Deposits (0) 1,225,513 - 1,417 + 97,590
Term deposits held by depository institutions 0 - 5,113 0
Other deposits held by depository institutions 1,006,818 + 24,096 - 37,417
U.S. Treasury, general account 8,267 - 27,751 - 54,663
U.S. Treasury, supplementary financing account 199,958 - 2 + 184,959
Foreign official 1,784 - 892 + 88
Other (0) 8,685 + 8,245 + 4,622
Deferred availability cash items (91) 2,205 - 279 - 955
Other liabilities and accrued dividends (15) 42,655 + 7,778 + 29,830

Total liabilities (91) 2,259,213 + 12,600 + 174,023

Capital accounts
Capital paid in 26,727 + 13 + 1,554
Surplus 25,910 + 6 + 4,487
Other capital accounts 3,908 - 255 - 2,479

Total capital 56,545 - 237 + 3,562

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

10. Statement of Condition of Each Federal Reserve Bank, November 10, 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 2,143 67 81 171 160 316 195 328 31 59 155 228 353
Securities, repurchase agreements,
term auction credit, and other
loans 2,100,435 51,976 884,696 47,961 69,778 233,901 194,342 154,827 52,901 28,125 70,458 86,241 225,228
Securities held outright (1) 2,053,759 51,974 838,043 47,961 69,778 233,901 194,342 154,825 52,901 28,116 70,452 86,238 225,228
U.S. Treasury securities 853,041 21,588 348,086 19,921 28,983 97,152 80,721 64,308 21,973 11,678 29,263 35,820 93,550
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) 834,618 21,121 340,568 19,491 28,357 95,054 78,978 62,919 21,498 11,426 28,631 35,046 91,529
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 46,676 3 46,654 0 0 0 0 2 0 10 5 3 0
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) 28,518 0 28,518 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane II LLC (8) 16,280 0 16,280 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane III LLC (9) 23,321 0 23,321 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 358 10 1 54 112 7 37 43 14 8 15 29 28
Bank premises 2,224 128 255 69 141 238 217 210 135 107 265 246 213
Central bank liquidity swaps (12) 60 2 17 7 4 17 4 1 1 2 0 1 4
Other assets (13) 99,592 2,842 37,597 4,595 4,444 15,672 8,536 6,108 2,155 1,760 2,722 3,442 9,720
Interdistrict settlement account 0 + 3,142 + 105,928 + 26,286 - 14,094 - 34,160 - 35,798 - 28,021 - 11,096 - 2,768 - 11,874 + 2,380 + 75

Total assets 2,315,849 58,732 1,129,231 79,757 61,245 217,249 169,571 134,807 44,616 27,586 62,190 93,500 237,365

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 10, 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 1,127,185 41,037 386,036 45,676 45,902 89,498 142,957 87,342 32,764 20,120 33,583 76,398 125,872
Less: Notes held by F.R. Banks 193,434 4,012 76,239 4,772 7,414 13,399 24,900 11,899 4,225 5,687 3,119 11,179 26,589
Federal Reserve notes, net 933,751 37,025 309,797 40,904 38,489 76,098 118,057 75,443 28,539 14,434 30,463 65,219 99,283
Reverse repurchase agreements (14) 55,088 1,394 22,479 1,286 1,872 6,274 5,213 4,153 1,419 754 1,890 2,313 6,041
Deposits 1,225,513 18,146 742,006 31,417 16,295 121,394 42,424 53,175 13,916 10,230 29,029 24,748 122,733
Term deposits held by depository
institutions 0 0 0 0 0 0 0 0 0 0 0 0 0
Other deposits held by depository
institutions 1,006,818 18,116 523,516 31,412 16,291 121,268 42,422 53,159 13,913 10,229 29,027 24,747 122,717
U.S. Treasury, general account 8,267 0 8,267 0 0 0 0 0 0 0 0 0 0
U.S. Treasury, supplementary
financing account 199,958 0 199,958 0 0 0 0 0 0 0 0 0 0
Foreign official 1,784 1 1,756 4 3 11 2 1 0 1 0 1 3
Other 8,685 28 8,509 0 1 115 0 15 2 0 1 0 14
Deferred availability cash items 2,296 80 0 257 456 97 119 166 63 403 112 97 445
Other liabilities and accrued
dividends (15) 42,655 197 38,924 247 267 755 500 417 186 145 186 262 569

Total liabilities 2,259,304 56,842 1,113,206 74,111 57,378 204,618 166,314 133,355 44,124 25,965 61,680 92,640 229,071

Capital
Capital paid in 26,727 916 7,666 2,831 1,927 5,435 1,552 672 214 807 228 400 4,078
Surplus 25,910 946 7,704 2,804 1,911 7,141 1,581 621 239 712 210 353 1,688
Other capital 3,908 28 654 10 29 54 124 160 39 103 73 107 2,527

Total liabilities and capital 2,315,849 58,732 1,129,231 79,757 61,245 217,249 169,571 134,807 44,616 27,586 62,190 93,500 237,365

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 10, 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 10, 2010

Federal Reserve notes outstanding 1,127,185
Less: Notes held by F.R. Banks not subject to collateralization 193,434
Federal Reserve notes to be collateralized 933,751
Collateral held against Federal Reserve notes 933,751
Gold certificate account 11,037
Special drawing rights certificate account 5,200
U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2) 917,514
Other assets pledged 0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2) 2,053,759
Less: Face value of securities under reverse repurchase agreements 48,678
U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 2,005,081

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