FRB: H.4.1 Release--Factors Affecting Reserve Balances--November 26, 2010

FEDERAL RESERVE statistical release
H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
November 26, 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 24, 2010
Federal Reserve Banks Nov 24, 2010 Nov 17, 2010 Nov 25, 2009

Reserve Bank credit 2,317,457 + 24,277 + 127,469 2,328,427
Securities held outright (1) 2,078,354 + 24,218 + 293,325 2,087,219
U.S. Treasury securities 891,518 + 32,338 + 114,986 901,238
Bills (2) 18,423 0 0 18,423
Notes and bonds, nominal (2) 823,956 + 31,920 + 116,307 832,126
Notes and bonds, inflation-indexed (2) 43,479 + 386 - 1,164 44,876
Inflation compensation (3) 5,660 + 32 - 158 5,814
Federal agency debt securities (2) 148,761 - 626 - 4,864 148,178
Mortgage-backed securities (4) 1,038,075 - 7,494 + 183,203 1,037,803
Repurchase agreements (5) 0 0 0 0
Term auction credit 0 0 - 101,009 0
Other loans 46,332 - 233 - 62,152 46,685
Primary credit 158 + 133 - 19,774 1,039
Secondary credit 0 0 0 0
Seasonal credit 23 + 3 - 46 26
Asset-Backed Commercial Paper Money Market
Mutual Fund Liquidity Facility 0 0 0 0
Credit extended to American International
Group, Inc., net (6) 19,989 + 338 - 24,954 19,916
Term Asset-Backed Securities Loan Facility (7) 26,161 - 709 - 17,378 25,703
Other credit extensions 0 0 0 0
Net portfolio holdings of Commercial Paper
Funding Facility LLC (8) 0 0 - 15,042 0
Net portfolio holdings of Maiden Lane LLC (9) 27,531 - 561 + 1,181 27,550
Net portfolio holdings of Maiden Lane II LLC (10) 16,286 + 5 + 509 16,291
Net portfolio holdings of Maiden Lane III LLC (11) 23,340 + 16 + 388 23,344
Net portfolio holdings of TALF LLC (12) 644 + 22 + 378 647
Preferred interests in AIA Aurora LLC and ALICO
Holdings LLC (13) 26,057 0 + 26,057 26,057
Float -1,609 + 324 - 9 -1,832
Central bank liquidity swaps (14) 60 - 4 - 25,751 60
Other Federal Reserve assets (15) 100,464 + 491 + 9,597 102,406
Gold stock 11,041 0 0 11,041
Special drawing rights certificate account 5,200 0 0 5,200
Treasury currency outstanding (16) 43,511 + 14 + 887 43,511

Total factors supplying reserve funds 2,377,209 + 24,291 + 128,356 2,388,179

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 24, 2010
Federal Reserve Banks Nov 24, 2010 Nov 17, 2010 Nov 25, 2009

Currency in circulation (16) 974,331 + 774 + 54,394 978,562
Reverse repurchase agreements (17) 56,878 + 2,133 - 1,247 54,709
Foreign official and international accounts 56,878 + 2,133 - 1,247 54,709
Others 0 0 0 0
Treasury cash holdings 193 + 25 - 40 197
Deposits with F.R. Banks, other than reserve balances 234,891 - 6,103 + 186,006 229,800
Term deposits held by depository institutions 0 0 0 0
U.S. Treasury, general account 29,391 + 7,604 + 3,487 24,037
U.S. Treasury, supplementary financing account 199,960 + 1 + 184,961 199,960
Foreign official 2,771 + 1,119 - 392 3,010
Service-related 2,366 0 - 670 2,366
Required clearing balances 2,366 0 - 670 2,366
Adjustments to compensate for float 0 0 0 0
Other 403 - 14,827 - 1,379 427
Funds from American International Group, Inc. asset
dispositions, held as agent (18) 26,774 + 13 + 26,774 26,774
Other liabilities and capital (19) 73,051 + 146 + 7,643 72,627

Total factors, other than reserve balances,
absorbing reserve funds 1,366,118 - 3,012 + 273,530 1,362,670

Reserve balances with Federal Reserve Banks 1,011,091 + 27,303 - 145,174 1,025,509

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 24, 2010
Memorandum item Nov 24, 2010 Nov 17, 2010 Nov 25, 2009

Marketable securities held in custody for foreign
official and international accounts (1) 3,341,417 + 504 + 416,116 3,336,459
U.S. Treasury securities 2,608,311 - 2,250 + 449,946 2,602,096
Federal agency securities (2) 733,106 + 2,754 - 33,831 734,363
Securities lent to dealers 8,471 + 3,504 + 2,310 7,426
Overnight facility (3) 8,471 + 3,504 + 2,310 7,426
U.S. Treasury securities 7,500 + 3,842 + 2,390 6,363
Federal agency debt securities 971 - 338 - 79 1,063
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 24, 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) 1,065 0 0 45,619 0 ... 46,685
U.S. Treasury securities (2)
Holdings 16,386 17,188 54,509 387,219 276,741 149,195 901,238
Weekly changes - 3,520 + 3,520 0 + 7,974 + 17,536 + 2,109 + 27,620
Federal agency debt securities (3)
Holdings 0 4,059 38,210 72,965 30,597 2,347 148,178
Weekly changes - 816 + 246 + 1,342 - 1,588 0 0 - 816
Mortgage-backed securities (4)
Holdings 0 0 0 26 21 1,037,756 1,037,803
Weekly changes 0 0 0 0 0 - 475 - 475
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) 54,709 0 ... ... ... ... 54,709
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 24, 2010

Mortgage-backed securities held outright (1) 1,037,803

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 24, 2010

Net portfolio holdings of Maiden Lane LLC (1) 27,550

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2) 25,975
Accrued interest payable to the Federal Reserve Bank of New York (2) 598
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3) 1,308

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 24, 2010

Net portfolio holdings of Maiden Lane II LLC (1) 16,291

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) 435
Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc. (3) 1,068

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 24, 2010

Net portfolio holdings of Maiden Lane III LLC (1) 23,344

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) 528
Outstanding principal amount and accrued interest on loan payable to American International Group, Inc. (3) 5,348

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 24, 2010

Asset-backed securities holdings (1) 0
Other investments, net 647
Net portfolio holdings of TALF LLC 647

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 24, 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) 200

Preferred interests in AIA Aurora LLC (1) 16,676
Accrued dividends on preferred interests in AIA Aurora LLC (2) 128

Preferred interests in ALICO Holdings LLC (1) 9,380
Accrued dividends on preferred interests in ALICO Holdings LLC (2) 72

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 24, 2010 Wednesday Wednesday
Assets, liabilities, and capital Nov 17, 2010 Nov 25, 2009

Assets
Gold certificate account 11,037 0 0
Special drawing rights certificate account 5,200 0 0
Coin 2,091 - 33 + 75
Securities, repurchase agreements, term auction
credit, and other loans 2,133,903 + 26,010 + 139,590
Securities held outright (1) 2,087,219 + 26,329 + 303,493
U.S. Treasury securities 901,238 + 27,620 + 124,703
Bills (2) 18,423 0 0
Notes and bonds, nominal (2) 832,126 + 25,808 + 124,477
Notes and bonds, inflation-indexed (2) 44,876 + 1,629 + 233
Inflation compensation (3) 5,814 + 183 - 7
Federal agency debt securities (2) 148,178 - 816 - 6,888
Mortgage-backed securities (4) 1,037,803 - 475 + 185,679
Repurchase agreements (5) 0 0 0
Term auction credit 0 0 - 101,009
Other loans 46,685 - 318 - 62,893
Net portfolio holdings of Commercial Paper
Funding Facility LLC (6) 0 0 - 15,046
Net portfolio holdings of Maiden Lane LLC (7) 27,550 + 22 + 1,189
Net portfolio holdings of Maiden Lane II LLC (8) 16,291 + 6 + 446
Net portfolio holdings of Maiden Lane III LLC (9) 23,344 + 5 + 383
Net portfolio holdings of TALF LLC (10) 647 + 25 + 381
Preferred interests in AIA Aurora LLC and ALICO
Holdings LLC (11) 26,057 0 + 26,057
Items in process of collection (96) 243 - 106 - 396
Bank premises 2,226 + 1 0
Central bank liquidity swaps (12) 60 - 5 - 25,751
Other assets (13) 100,138 + 5,147 + 12,291

Total assets (96) 2,348,788 + 31,072 + 139,221

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 24, 2010 Wednesday Wednesday
Assets, liabilities, and capital Nov 17, 2010 Nov 25, 2009

Liabilities
Federal Reserve notes, net of F.R. Bank holdings 937,336 + 4,959 + 54,302
Reverse repurchase agreements (14) 54,709 + 510 - 3,774
Deposits (0) 1,255,266 + 25,607 + 54,531
Term deposits held by depository institutions 0 0 0
Other deposits held by depository institutions 1,027,832 + 38,966 - 140,738
U.S. Treasury, general account 24,037 - 14,668 + 11,040
U.S. Treasury, supplementary financing account 199,960 + 1 + 184,961
Foreign official 3,010 + 1,269 + 884
Other (0) 427 + 40 - 1,615
Deferred availability cash items (96) 2,076 - 233 - 205
Other liabilities and accrued dividends (15) 42,638 - 222 + 30,418

Total liabilities (96) 2,292,025 + 30,621 + 135,271

Capital accounts
Capital paid in 26,792 + 53 + 1,369
Surplus 25,921 + 6 + 4,481
Other capital accounts 4,050 + 392 - 1,901

Total capital 56,763 + 451 + 3,949

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

10. Statement of Condition of Each Federal Reserve Bank, November 24, 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 2,091 59 70 167 154 329 180 325 30 57 151 224 344
Securities, repurchase agreements,
term auction credit, and other
loans 2,133,903 52,830 897,315 48,745 70,915 237,712 197,509 157,362 54,780 28,587 71,606 87,646 228,897
Securities held outright (1) 2,087,219 52,821 851,696 48,743 70,915 237,712 197,509 157,348 53,763 28,574 71,600 87,643 228,897
U.S. Treasury securities 901,238 22,807 367,753 21,047 30,620 102,641 85,282 67,941 23,214 12,338 30,916 37,843 98,835
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) 882,815 22,341 360,235 20,616 29,994 100,543 83,539 66,552 22,740 12,086 30,284 37,070 96,815
Federal agency debt securities (2) 148,178 3,750 60,464 3,460 5,034 16,876 14,022 11,171 3,817 2,029 5,083 6,222 16,250
Mortgage-backed securities (4) 1,037,803 26,263 423,479 24,236 35,260 118,195 98,205 78,236 26,732 14,207 35,601 43,578 113,812
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 46,685 10 45,619 2 0 0 0 14 1,017 13 6 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) 27,550 0 27,550 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane II LLC (8) 16,291 0 16,291 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane III LLC (9) 23,344 0 23,344 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of TALF LLC (10) 647 0 647 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 339 12 0 77 78 8 16 39 15 7 21 34 32
Bank premises 2,226 128 255 69 141 239 218 210 135 108 265 246 213
Central bank liquidity swaps (12) 60 2 17 7 4 17 4 1 1 2 0 1 4
Other assets (13) 100,138 2,845 37,891 4,669 4,434 15,623 8,580 6,167 2,152 1,753 2,750 3,475 9,798
Interdistrict settlement account 0 - 3,528 + 150,486 + 22,146 - 15,790 - 34,843 - 41,985 - 30,324 - 15,232 - 3,489 - 12,409 + 45 - 15,078

Total assets 2,348,885 52,914 1,185,781 76,494 60,637 220,342 166,561 135,092 42,355 27,316 62,834 92,605 225,954

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 24, 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 1,126,073 41,150 385,631 45,612 45,837 89,618 142,815 86,939 32,599 20,105 33,483 76,246 126,036
Less: Notes held by F.R. Banks 188,736 4,256 73,213 5,012 7,051 12,961 23,701 11,606 4,287 5,656 3,203 11,028 26,762
Federal Reserve notes, net 937,336 36,893 312,418 40,600 38,787 76,657 119,114 75,333 28,312 14,449 30,280 65,218 99,274
Reverse repurchase agreements (14) 54,709 1,385 22,324 1,278 1,859 6,231 5,177 4,124 1,409 749 1,877 2,297 6,000
Deposits 1,255,266 12,471 795,995 28,463 15,318 123,957 38,385 53,622 11,897 9,977 29,883 23,873 111,426
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 1,027,832 12,447 568,752 28,459 15,315 123,846 38,382 53,604 11,893 9,973 29,881 23,872 111,408
U.S. Treasury, general account 24,037 0 24,037 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 3,010 1 2,981 4 3 11 2 1 0 1 0 1 3
Other 427 22 264 0 1 101 0 16 3 3 1 0 15
Deferred availability cash items 2,172 74 0 230 518 86 110 151 61 358 106 97 381
Other liabilities and accrued
dividends (15) 42,638 195 38,989 249 264 725 500 402 180 143 178 255 557

Total liabilities 2,292,121 51,018 1,169,727 70,820 56,745 207,657 163,285 133,632 41,859 25,677 62,324 91,740 217,638

Capital
Capital paid in 26,792 916 7,678 2,863 1,928 5,439 1,555 671 214 819 227 400 4,080
Surplus 25,921 946 7,715 2,804 1,911 7,141 1,581 621 239 712 210 353 1,688
Other capital 4,050 34 660 6 53 104 140 168 43 109 73 112 2,549

Total liabilities and capital 2,348,885 52,914 1,185,781 76,494 60,637 220,342 166,561 135,092 42,355 27,316 62,834 92,605 225,954

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 24, 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 24, 2010

Federal Reserve notes outstanding 1,126,073
Less: Notes held by F.R. Banks not subject to collateralization 188,736
Federal Reserve notes to be collateralized 937,336
Collateral held against Federal Reserve notes 937,336
Gold certificate account 11,037
Special drawing rights certificate account 5,200
U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2) 921,099
Other assets pledged 0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2) 2,087,219
Less: Face value of securities under reverse repurchase agreements 48,877
U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 2,038,342

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