FRB: H.4.1 Release--Factors Affecting Reserve Balances--January 13, 2011

FEDERAL RESERVE statistical release
H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
January 13, 2011

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 Jan 12, 2011
Federal Reserve Banks Jan 12, 2011 Jan 5, 2011 Jan 13, 2010

Reserve Bank credit 2,432,403 + 21,587 + 206,684 2,450,648
Securities held outright (1) 2,183,358 + 19,795 + 327,044 2,200,533
U.S. Treasury securities 1,044,725 + 20,763 + 268,125 1,062,061
Bills (2) 18,423 0 0 18,423
Notes and bonds, nominal (2) 970,291 + 19,301 + 262,642 987,625
Notes and bonds, inflation-indexed (2) 49,743 + 1,387 + 5,100 49,743
Inflation compensation (3) 6,269 + 75 + 383 6,271
Federal agency debt securities (2) 146,492 - 968 - 14,201 146,331
Mortgage-backed securities (4) 992,141 0 + 73,120 992,141
Repurchase agreements (5) 0 0 0 0
Term auction credit 0 0 - 75,918 0
Other loans 44,443 - 264 - 43,552 43,959
Primary credit 23 - 77 - 17,477 87
Secondary credit 0 0 - 966 0
Seasonal credit 10 - 6 + 9 10
Credit extended to American International
Group, Inc., net (6) 19,925 + 6 - 2,285 19,675
Term Asset-Backed Securities Loan Facility (7) 24,486 - 187 - 22,833 24,187
Other credit extensions 0 0 0 0
Net portfolio holdings of Commercial Paper
Funding Facility LLC (8) 0 0 - 14,081 0
Net portfolio holdings of Maiden Lane LLC (9) 27,009 + 35 + 272 27,006
Net portfolio holdings of Maiden Lane II LLC (10) 15,943 - 182 + 540 15,946
Net portfolio holdings of Maiden Lane III LLC (11) 23,213 + 61 + 863 23,279
Net portfolio holdings of TALF LLC (12) 665 0 + 367 665
Preferred interests in AIA Aurora LLC and ALICO
Holdings LLC (13) 26,385 + 47 + 1,279 26,385
Float -1,695 + 1 + 348 -1,677
Central bank liquidity swaps (14) 70 - 5 - 8,126 70
Other Federal Reserve assets (15) 113,012 + 2,099 + 17,647 114,480
Gold stock 11,041 0 0 11,041
Special drawing rights certificate account 5,200 0 0 5,200
Treasury currency outstanding (16) 43,577 + 14 + 851 43,577

Total factors supplying reserve funds 2,492,221 + 21,601 + 207,535 2,510,466

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 Jan 12, 2011
Federal Reserve Banks Jan 12, 2011 Jan 5, 2011 Jan 13, 2010

Currency in circulation (16) 978,237 - 4,501 + 57,771 978,135
Reverse repurchase agreements (17) 53,554 - 5,862 - 9,236 53,271
Foreign official and international accounts 53,554 - 5,862 - 9,236 53,271
Others 0 0 0 0
Treasury cash holdings 182 + 5 - 71 194
Deposits with F.R. Banks, other than reserve balances 297,410 - 29,797 + 122,498 286,450
Term deposits held by depository institutions 0 0 0 0
U.S. Treasury, general account 89,107 - 26,279 - 47,275 75,569
U.S. Treasury, supplementary financing account 199,963 - 1 + 194,962 199,963
Foreign official 3,762 + 384 + 651 3,748
Service-related 2,378 0 - 642 2,378
Required clearing balances 2,378 0 - 642 2,378
Adjustments to compensate for float 0 0 0 0
Other 2,201 - 3,901 - 25,196 4,793
Funds from American International Group, Inc. asset
dispositions, held as agent (18) 26,896 0 + 26,896 26,896
Other liabilities and capital (19) 69,856 - 2,574 + 2,839 70,019

Total factors, other than reserve balances,
absorbing reserve funds 1,426,135 - 42,729 + 200,697 1,414,965

Reserve balances with Federal Reserve Banks 1,066,086 + 64,330 + 6,838 1,095,500

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

1. Includes securities lent to dealers under the overnight securities lending facility; 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. Also includes the liability for interest on Federal Reserve notes due to U.S.
Treasury. Refer to table 9 and 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 Jan 12, 2011
Memorandum item Jan 12, 2011 Jan 5, 2011 Jan 13, 2010

Marketable securities held in custody for foreign
official and international accounts (1) 3,350,473 + 6,216 + 399,716 3,345,858
U.S. Treasury securities 2,616,142 + 5,855 + 432,365 2,611,389
Federal agency securities (2) 734,331 + 362 - 32,650 734,469
Securities lent to dealers 12,726 - 6,733 + 3,032 11,880
Overnight facility (3) 12,726 - 6,733 + 3,032 11,880
U.S. Treasury securities 11,433 - 6,555 + 2,251 10,732
Federal agency debt securities 1,293 - 178 + 781 1,148

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.

2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, January 12, 2011
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) 87 10 0 43,862 0 ... 43,959
U.S. Treasury securities (2)
Holdings 17,451 17,168 54,254 452,608 359,108 161,472 1,062,061
Weekly changes + 3,867 - 3,867 0 + 13,012 + 16,562 + 1,502 + 31,076
Federal agency debt securities (3)
Holdings 1,707 13,736 28,645 69,299 30,597 2,347 146,331
Weekly changes + 132 + 346 + 144 - 1,751 0 0 - 1,129
Mortgage-backed securities (4)
Holdings 0 0 0 24 22 992,095 992,141
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) 70 0 0 0 0 0 70

Reverse repurchase agreements (6) 53,271 0 ... ... ... ... 53,271
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 Jan 12, 2011

Mortgage-backed securities held outright (1) 992,141

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 Jan 12, 2011

Net portfolio holdings of Maiden Lane LLC (1) 27,006

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2) 25,228
Accrued interest payable to the Federal Reserve Bank of New York (2) 624
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3) 1,317

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 Jan 12, 2011

Net portfolio holdings of Maiden Lane II LLC (1) 15,946

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2) 12,777
Accrued interest payable to the Federal Reserve Bank of New York (2) 457
Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc. (3) 1,072

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 Jan 12, 2011

Net portfolio holdings of Maiden Lane III LLC (1) 23,279

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2) 13,526
Accrued interest payable to the Federal Reserve Bank of New York (2) 551
Outstanding principal amount and accrued interest on loan payable to American International Group, Inc. (3) 5,371

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 Jan 12, 2011

Asset-backed securities holdings (1) 0
Other investments, net 665
Net portfolio holdings of TALF LLC 665

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 Jan 12, 2011

Preferred interests in AIA Aurora LLC and ALICO Holdings LLC (1) 26,385
Accrued dividends on preferred interests in AIA Aurora LLC and ALICO Holdings LLC (2) 43

Preferred interests in AIA Aurora LLC (1) 16,887
Accrued dividends on preferred interests in AIA Aurora LLC (2) 28

Preferred interests in ALICO Holdings LLC (1) 9,499
Accrued dividends on preferred interests in ALICO Holdings LLC (2) 16

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 Jan 12, 2011 Wednesday Wednesday
Assets, liabilities, and capital Jan 5, 2011 Jan 13, 2010

Assets
Gold certificate account 11,037 0 0
Special drawing rights certificate account 5,200 0 0
Coin 2,214 + 23 + 116
Securities, repurchase agreements, term auction
credit, and other loans 2,244,493 + 29,292 + 176,794
Securities held outright (1) 2,200,533 + 29,947 + 294,511
U.S. Treasury securities 1,062,061 + 31,076 + 285,458
Bills (2) 18,423 0 0
Notes and bonds, nominal (2) 987,625 + 31,071 + 279,976
Notes and bonds, inflation-indexed (2) 49,743 0 + 5,100
Inflation compensation (3) 6,271 + 6 + 382
Federal agency debt securities (2) 146,331 - 1,129 - 14,498
Mortgage-backed securities (4) 992,141 0 + 23,551
Repurchase agreements (5) 0 0 0
Term auction credit 0 0 - 75,918
Other loans 43,959 - 656 - 41,801
Net portfolio holdings of Commercial Paper
Funding Facility LLC (6) 0 0 - 14,092
Net portfolio holdings of Maiden Lane LLC (7) 27,006 - 3 + 264
Net portfolio holdings of Maiden Lane II LLC (8) 15,946 + 4 + 542
Net portfolio holdings of Maiden Lane III LLC (9) 23,279 + 77 + 878
Net portfolio holdings of TALF LLC (10) 665 0 + 367
Preferred interests in AIA Aurora LLC and ALICO
Holdings LLC (11) 26,385 0 + 1,279
Items in process of collection (99) 421 + 141 + 93
Bank premises 2,220 + 1 - 22
Central bank liquidity swaps (12) 70 - 5 - 5,825
Other assets (13) 112,224 + 2,658 + 15,824

Total assets (99) 2,471,159 + 32,187 + 176,217

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 Jan 12, 2011 Wednesday Wednesday
Assets, liabilities, and capital Jan 5, 2011 Jan 13, 2010

Liabilities
Federal Reserve notes, net of F.R. Bank holdings 936,962 - 3,343 + 57,742
Reverse repurchase agreements (14) 53,271 - 4,284 - 11,095
Deposits (1) 1,381,913 + 39,252 + 105,680
Term deposits held by depository institutions 0 0 0
Other deposits held by depository institutions 1,097,841 + 64,672 - 37,404
U.S. Treasury, general account 75,569 - 30,144 - 48,606
U.S. Treasury, supplementary financing account 199,963 - 1 + 194,962
Foreign official 3,748 + 318 + 864
Other (1) 4,793 + 4,408 - 4,134
Deferred availability cash items (98) 2,098 - 386 - 781
Other liabilities and accrued dividends (15) 43,862 + 944 + 23,942

Total liabilities (99) 2,418,106 + 32,182 + 175,488

Capital accounts
Capital paid in 26,526 + 2 + 874
Surplus 26,526 + 2 + 1,230
Other capital accounts 0 0 - 1,375

Total capital 53,053 + 5 + 729

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

10. Statement of Condition of Each Federal Reserve Bank, January 12, 2011
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 2,214 47 71 176 167 358 189 342 36 61 162 243 362
Securities, repurchase agreements,
term auction credit, and other
loans 2,244,493 55,706 941,796 51,389 74,765 250,661 208,231 165,909 56,682 30,125 75,497 92,407 241,324
Securities held outright (1) 2,200,533 55,688 897,934 51,389 74,765 250,617 208,231 165,890 56,682 30,125 75,487 92,401 241,324
U.S. Treasury securities 1,062,061 26,877 433,377 24,802 36,084 120,957 100,500 80,065 27,357 14,539 36,433 44,596 116,472
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) 1,043,638 26,411 425,860 24,372 35,458 118,859 98,757 78,676 26,882 14,287 35,801 43,823 114,452
Federal agency debt securities (2) 146,331 3,703 59,711 3,417 4,972 16,666 13,847 11,031 3,769 2,003 5,020 6,145 16,048
Mortgage-backed securities (4) 992,141 25,108 404,846 23,169 33,709 112,994 93,884 74,794 25,556 13,582 34,034 41,660 108,804
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 43,959 18 43,862 0 0 44 0 19 0 0 10 6 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) 27,006 0 27,006 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane II LLC (8) 15,946 0 15,946 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane III LLC (9) 23,279 0 23,279 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of TALF LLC (10) 665 0 665 0 0 0 0 0 0 0 0 0 0
Preferred interests in AIA Aurora LLC
and ALICO Holdings LLC (11) 26,385 0 26,385 0 0 0 0 0 0 0 0 0 0
Items in process of collection 520 6 0 62 69 10 136 42 10 32 61 52 40
Bank premises 2,220 127 256 68 140 239 218 208 136 107 265 245 213
Central bank liquidity swaps (12) 70 3 20 8 5 19 4 2 1 2 1 1 5
Other assets (13) 112,224 3,160 42,745 4,823 4,847 17,003 9,778 7,119 2,491 1,925 3,184 4,004 11,145
Interdistrict settlement account 0 - 8,253 + 230,805 + 12,776 - 18,921 - 30,764 - 53,251 - 33,815 - 18,533 - 7,649 - 17,663 - 5,975 - 48,756

Total assets 2,471,258 51,359 1,314,831 69,915 61,772 238,783 167,345 141,119 41,297 24,895 61,956 91,911 206,075

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, January 12, 2011 (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 1,119,972 41,138 382,824 45,611 46,019 90,368 140,574 86,384 32,407 19,912 33,164 75,770 125,802
Less: Notes held by F.R. Banks 183,010 4,976 63,693 5,047 8,232 13,399 20,659 12,718 4,522 5,800 3,862 12,252 27,850
Federal Reserve notes, net 936,962 36,161 319,131 40,564 37,787 76,969 119,915 73,666 27,885 14,111 29,302 63,518 97,953
Reverse repurchase agreements (14) 53,271 1,348 21,737 1,244 1,810 6,067 5,041 4,016 1,372 729 1,827 2,237 5,842
Deposits 1,381,914 11,730 918,762 22,523 17,588 144,059 38,631 61,434 11,333 7,791 29,984 24,975 93,103
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 1,097,841 11,727 634,869 22,518 17,584 144,010 38,628 61,407 11,277 7,786 29,983 24,975 93,078
U.S. Treasury, general account 75,569 0 75,569 0 0 0 0 0 0 0 0 0 0
U.S. Treasury, supplementary
financing account 199,963 0 199,963 0 0 0 0 0 0 0 0 0 0
Foreign official 3,748 1 3,719 4 3 11 2 1 0 1 0 1 3
Other 4,794 2 4,642 1 1 38 1 27 56 3 1 0 23
Deferred availability cash items 2,196 76 0 278 387 81 100 146 59 486 104 92 387
Interest on Federal Reserve notes due
to U.S. Treasury (15) 1,204 31 574 -22 33 84 122 99 36 14 42 52 139
Other liabilities and accrued
dividends (16) 42,658 180 39,260 190 231 645 497 412 181 125 182 264 491

Total liabilities 2,418,205 49,527 1,299,465 64,776 57,837 227,905 164,305 139,774 40,867 23,256 61,441 91,138 197,915

Capital
Capital paid in 26,526 916 7,683 2,570 1,968 5,439 1,520 673 215 819 257 387 4,080
Surplus 26,526 916 7,683 2,570 1,968 5,439 1,520 673 215 819 257 387 4,080
Other capital 0 0 0 0 0 0 0 0 0 0 0 0 0

Total liabilities and capital 2,471,258 51,359 1,314,831 69,915 61,772 238,783 167,345 141,119 41,297 24,895 61,956 91,911 206,075

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, January 12, 2011 (continued)
1. Includes securities lent to dealers under the overnight securities lending facility; 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. Represents the estimated weekly remittances to U.S Treasury as interest on Federal Reserve notes or, in those cases where the Reserve Bank's net earnings are not sufficient to equate surplus to
capital paid-in, the deferred asset for interest on Federal Reserve notes. The amount of any deferred asset, which is presented as a negative amount in this line, represents the amount of the
Federal Reserve Bank's earnings that must be retained before remittances to the U.S. Treasury resume. The amounts on this line are calculated in accordance with Board of Governors policy, which
requires the Federal Reserve Banks to remit residual earnings to the U.S. Treasury as interest on Federal Reserve notes after providing for the costs of operations, payment of dividends, and the
amount necessary to equate surplus with capital paid-in.
16. 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 Jan 12, 2011

Federal Reserve notes outstanding 1,119,972
Less: Notes held by F.R. Banks not subject to collateralization 183,010
Federal Reserve notes to be collateralized 936,962
Collateral held against Federal Reserve notes 936,962
Gold certificate account 11,037
Special drawing rights certificate account 5,200
U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2) 920,725
Other assets pledged 0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2) 2,200,533
Less: Face value of securities under reverse repurchase agreements 44,064
U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 2,156,469

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 securities lending facility; refer to table
1A.

Statistical releases