FRB: H.4.1 Release--Factors Affecting Reserve Balances--June 14, 2012

FEDERAL RESERVE statistical release
H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
June 14, 2012

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 Jun 13, 2012
Federal Reserve Banks Jun 13, 2012 Jun 6, 2012 Jun 15, 2011

Reserve Bank credit 2,835,518 + 4,576 + 25,789 2,851,965
Securities held outright (1) 2,606,896 + 504 + 1,667 2,621,345
U.S. Treasury securities 1,659,569 - 1,817 + 90,706 1,660,158
Bills (2) 18,423 0 0 18,423
Notes and bonds, nominal (2) 1,564,112 - 1,497 + 85,443 1,565,618
Notes and bonds, inflation-indexed (2) 67,344 - 310 + 3,974 66,570
Inflation compensation (3) 9,690 - 10 + 1,289 9,547
Federal agency debt securities (2) 93,252 0 - 25,737 93,252
Mortgage-backed securities (4) 854,075 + 2,321 - 63,302 867,934
Repurchase agreements (5) 0 0 0 0
Loans 5,438 - 31 - 7,844 5,375
Primary credit 13 + 2 - 11 4
Secondary credit 0 0 0 0
Seasonal credit 47 + 12 + 8 51
Term Asset-Backed Securities Loan Facility (6) 5,378 - 46 - 7,841 5,320
Other credit extensions 0 0 0 0
Net portfolio holdings of Maiden Lane LLC (7) 3,882 + 3 - 20,476 3,880
Net portfolio holdings of Maiden Lane II LLC (8) 19 0 - 12,509 19
Net portfolio holdings of Maiden Lane III LLC (9) 15,322 + 59 - 9,089 15,478
Net portfolio holdings of TALF LLC (10) 841 0 + 95 841
Float -722 + 54 + 402 -810
Central bank liquidity swaps (11) 23,314 + 1,032 + 23,314 23,314
Other Federal Reserve assets (12) 180,528 + 2,955 + 50,227 182,524
Gold stock 11,041 0 0 11,041
Special drawing rights certificate account 5,200 0 0 5,200
Treasury currency outstanding (13) 44,529 + 14 + 599 44,529

Total factors supplying reserve funds 2,896,288 + 4,590 + 26,387 2,912,735

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 Jun 13, 2012
Federal Reserve Banks Jun 13, 2012 Jun 6, 2012 Jun 15, 2011

Currency in circulation (13) 1,108,666 - 667 + 85,765 1,109,482
Reverse repurchase agreements (14) 88,008 - 4,621 + 23,863 83,419
Foreign official and international accounts 88,008 - 4,621 + 25,056 83,419
Others 0 0 - 1,193 0
Treasury cash holdings 142 - 4 + 7 137
Deposits with F.R. Banks, other than reserve balances 73,307 - 13,340 + 15,078 75,403
Term deposits held by depository institutions 3,053 0 - 2,034 3,053
U.S. Treasury, General Account 41,885 - 18,878 + 549 36,248
U.S. Treasury, Supplementary Financing Account 0 0 - 5,000 0
Foreign official 792 + 661 + 660 1,573
Service-related 1,897 - 4 - 644 1,897
Required clearing balances 1,897 - 4 - 644 1,897
Adjustments to compensate for float 0 0 0 0
Other 25,680 + 4,882 + 21,547 32,631
Other liabilities and capital (15) 76,370 + 942 + 2,064 79,568

Total factors, other than reserve balances,
absorbing reserve funds 1,346,492 - 17,692 + 126,776 1,348,008

Reserve balances with Federal Reserve Banks 1,549,796 + 22,282 - 100,389 1,564,728

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 credit extended by the Federal Reserve Bank of New York to eligible borrowers through the Term
Asset-Backed Securities Loan Facility.
7. Refer to table 4 and the note on consolidation accompanying table 9.
8. Refer to table 5 and the note on consolidation accompanying table 9.
9. Refer to table 6 and the note on consolidation accompanying table 9.
10. Refer to table 7 and the note on consolidation accompanying table 9.
11. 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.
12. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange
rates, and the fair value adjustment to credit extended by the FRBNY to eligible borrowers through the
Term Asset-Backed Securities Loan Facility.
13. Estimated.
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
accompanying table 9. Also includes the liability for interest on Federal Reserve notes due to U.S.
Treasury. Refer to table 8 and table 9.

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 Jun 13, 2012
Memorandum item Jun 13, 2012 Jun 6, 2012 Jun 15, 2011

Marketable securities held in custody for foreign
official and international accounts (1) 3,508,477 - 9,140 + 61,828 3,499,771
U.S. Treasury securities 2,793,312 - 5,832 + 85,846 2,786,495
Federal agency securities (2) 715,164 - 3,309 - 24,019 713,276
Securities lent to dealers 10,873 - 4,203 - 9,340 10,105
Overnight facility (3) 10,873 - 4,203 - 9,340 10,105
U.S. Treasury securities 10,282 - 4,165 - 9,153 9,535
Federal agency debt securities 590 - 39 - 188 570

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, June 13, 2012
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

Loans (1) 13 1,885 1,677 1,800 0 ... 5,375
U.S. Treasury securities (2)
Holdings 19,301 18,388 26,295 534,374 738,221 323,579 1,660,158
Weekly changes + 2,156 - 2,156 0 - 9,675 + 14 + 5,526 - 4,134
Federal agency debt securities (3)
Holdings 1,768 4,274 16,320 62,793 5,750 2,347 93,252
Weekly changes 0 0 0 + 737 - 737 0 0
Mortgage-backed securities (4)
Holdings 0 0 2 7 105 867,820 867,934
Weekly changes 0 0 0 0 0 + 16,176 + 16,175
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) 7,846 15,467 0 0 0 0 23,314

Reverse repurchase agreements (6) 83,419 0 ... ... ... ... 83,419
Term deposits 3,053 0 0 ... ... ... 3,053

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
Millions of dollars
Wednesday
Account name Jun 13, 2012

Mortgage-backed securities held outright (1) 867,934

Commitments to buy mortgage-backed securities (2) 28,570
Commitments to sell mortgage-backed securities (2) 0

Cash and cash equivalents (3) 46

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 8 and table 9.

4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
Wednesday
Account name Jun 13, 2012

Net portfolio holdings of Maiden Lane LLC (1) 3,880

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2) 366
Accrued interest payable to the Federal Reserve Bank of New York (2) 765
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3) 1,418

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
March 31, 2012. 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 9.
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 8 and table 9.

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 Jun 13, 2012

Net portfolio holdings of Maiden Lane II LLC (1) 19

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
Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc. (3) 0

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
March 31, 2012. 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 9.
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
8 and table 9.

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 Jun 13, 2012

Net portfolio holdings of Maiden Lane III LLC (1) 15,478

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2) 2,768
Accrued interest payable to the Federal Reserve Bank of New York (2) 737
Outstanding principal amount and accrued interest on loan payable to American International Group, Inc. (3) 5,623

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 Jun 13, 2012

Asset-backed securities holdings (1) 0
Other investments, net 841
Net portfolio holdings of TALF LLC 841

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) 111

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 9.
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 8 and table 9.

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. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Eliminations from Wednesday Change since
consolidation Jun 13, 2012 Wednesday Wednesday
Assets, liabilities, and capital Jun 6, 2012 Jun 15, 2011

Assets
Gold certificate account 11,037 0 0
Special drawing rights certificate account 5,200 0 0
Coin 2,136 + 1 + 18
Securities, repurchase agreements, and loans 2,626,720 + 11,946 + 4,677
Securities held outright (1) 2,621,345 + 12,042 + 12,535
U.S. Treasury securities 1,660,158 - 4,134 + 84,219
Bills (2) 18,423 0 0
Notes and bonds, nominal (2) 1,565,618 - 2,877 + 79,912
Notes and bonds, inflation-indexed (2) 66,570 - 1,084 + 3,200
Inflation compensation (3) 9,547 - 173 + 1,106
Federal agency debt securities (2) 93,252 0 - 25,113
Mortgage-backed securities (4) 867,934 + 16,175 - 46,572
Repurchase agreements (5) 0 0 0
Loans 5,375 - 96 - 7,857
Net portfolio holdings of Maiden Lane LLC (6) 3,880 - 3 - 19,889
Net portfolio holdings of Maiden Lane II LLC (7) 19 0 - 12,488
Net portfolio holdings of Maiden Lane III LLC (8) 15,478 + 181 - 8,752
Net portfolio holdings of TALF LLC (9) 841 0 + 95
Items in process of collection (60) 140 - 57 - 240
Bank premises 2,362 + 1 + 154
Central bank liquidity swaps (10) 23,314 + 1,046 + 23,314
Other assets (11) 180,203 + 3,928 + 52,894

Total assets (60) 2,871,328 + 17,042 + 39,783

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

8. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
Eliminations from Wednesday Change since
consolidation Jun 13, 2012 Wednesday Wednesday
Assets, liabilities, and capital Jun 6, 2012 Jun 15, 2011

Liabilities
Federal Reserve notes, net of F.R. Bank holdings 1,067,221 - 604 + 84,858
Reverse repurchase agreements (12) 83,419 - 5,442 + 15,240
Deposits (0) 1,640,171 + 18,526 - 66,107
Term deposits held by depository institutions 3,053 0 - 2,034
Other deposits held by depository institutions 1,566,665 + 19,804 - 2,564
U.S. Treasury, General Account 36,248 - 17,792 - 90,180
U.S. Treasury, Supplementary Financing Account 0 0 - 5,000
Foreign official 1,573 + 1,444 + 1,442
Other (0) 32,631 + 15,070 + 32,227
Deferred availability cash items (60) 950 - 194 - 794
Other liabilities and accrued dividends (13) 24,930 + 4,817 + 4,905

Total liabilities (60) 2,816,690 + 17,103 + 38,100

Capital accounts
Capital paid in 27,319 - 31 + 841
Surplus 27,319 - 31 + 841
Other capital accounts 0 0 0

Total capital 54,638 - 61 + 1,683

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, which are collateralized by U.S. Treasury and federal agency securities.
6. Refer to table 4 and the note on consolidation accompanying table 9.
7. Refer to table 5 and the note on consolidation accompanying table 9.
8. Refer to table 6 and the note on consolidation accompanying table 9.
9. Refer to table 7 and the note on consolidation accompanying table 9.
10. 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.
11. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates
and the fair value adjustment to credit extended by the Federal Reserve Bank of New York (FRBNY) to
eligible borrowers through the Term Asset-Backed Securities Loan Facility.
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt
securities, and mortgage-backed securities.
13. 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 9. Also includes the liability for interest on Federal Reserve notes due to U.S.
Treasury.

9. Statement of Condition of Each Federal Reserve Bank, June 13, 2012
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 11,037 408 3,824 437 515 890 1,337 839 313 192 315 725 1,242
Special drawing rights certificate acct. 5,200 196 1,818 210 237 412 654 424 150 90 153 282 574
Coin 2,136 43 94 149 148 385 197 312 36 54 162 202 353
Securities, repurchase agreements,
and loans 2,626,720 63,672 1,474,988 86,656 66,646 186,565 158,049 145,425 40,985 23,868 52,666 101,857 225,343
Securities held outright (1) 2,621,345 63,668 1,469,669 86,656 66,646 186,565 158,049 145,421 40,982 23,830 52,664 101,853 225,343
U.S. Treasury securities 1,660,158 40,322 930,775 54,881 42,208 118,156 100,096 92,098 25,955 15,092 33,353 64,506 142,715
Bills (2) 18,423 447 10,329 609 468 1,311 1,111 1,022 288 167 370 716 1,584
Notes and bonds (3) 1,641,736 39,875 920,446 54,272 41,740 116,845 98,985 91,076 25,667 14,925 32,983 63,790 141,131
Federal agency debt securities (2) 93,252 2,265 52,282 3,083 2,371 6,637 5,622 5,173 1,458 848 1,873 3,623 8,016
Mortgage-backed securities (4) 867,934 21,080 486,611 28,692 22,067 61,772 52,330 48,149 13,569 7,890 17,437 33,724 74,612
Repurchase agreements (5) 0 0 0 0 0 0 0 0 0 0 0 0 0
Loans 5,375 5 5,320 0 0 0 0 4 3 37 2 4 1
Net portfolio holdings of Maiden
Lane LLC (6) 3,880 0 3,880 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane II LLC (7) 19 0 19 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane III LLC (8) 15,478 0 15,478 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of TALF LLC (9) 841 0 841 0 0 0 0 0 0 0 0 0 0
Items in process of collection 200 2 0 48 34 5 36 12 7 7 5 9 36
Bank premises 2,362 121 460 66 123 230 213 203 132 105 256 241 211
Central bank liquidity swaps (10) 23,314 817 7,520 2,022 1,724 4,823 1,333 622 191 95 232 373 3,562
Other assets (11) 180,203 4,677 94,612 7,354 5,814 16,405 10,838 9,261 2,658 1,561 3,381 6,468 17,174
Interdistrict settlement account 0 + 3,290 - 67,003 - 15,626 + 4,317 + 29,225 + 9,244 + 929 + 2,578 + 618 - 921 - 127 + 33,476

Total assets 2,871,388 73,227 1,536,532 81,317 79,558 238,939 181,901 158,026 47,049 26,590 56,247 110,030 281,972

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

9. Statement of Condition of Each Federal Reserve Bank, June 13, 2012 (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 1,252,491 46,815 434,530 47,761 61,472 101,861 156,025 94,947 37,684 22,168 37,201 77,505 134,523
Less: Notes held by F.R. Banks 185,269 4,927 68,152 5,378 7,855 11,882 26,880 12,877 4,293 3,579 3,586 11,414 24,446
Federal Reserve notes, net 1,067,221 41,888 366,378 42,383 53,617 89,978 129,145 82,070 33,390 18,589 33,615 66,091 110,076
Reverse repurchase agreements (12) 83,419 2,026 46,769 2,758 2,121 5,937 5,030 4,628 1,304 758 1,676 3,241 7,171
Deposits 1,640,171 26,261 1,087,409 31,200 19,089 130,949 43,696 68,963 11,559 6,605 20,084 39,225 155,132
Term deposits held by depository
institutions 3,053 10 2,255 600 0 95 5 8 0 70 5 5 0
Other deposits held by depository
institutions 1,566,665 26,241 1,014,894 30,590 19,086 130,728 43,688 68,929 11,558 6,534 20,077 39,219 155,120
U.S. Treasury, General Account 36,248 0 36,248 0 0 0 0 0 0 0 0 0 0
U.S. Treasury, Supplementary
Financing Account 0 0 0 0 0 0 0 0 0 0 0 0 0
Foreign official 1,573 1 1,546 3 3 8 2 1 0 0 0 1 6
Other 32,631 9 32,465 6 0 118 1 25 0 0 1 1 6
Deferred availability cash items 1,010 35 0 96 56 22 116 23 85 219 37 63 258
Interest on Federal Reserve notes due
to U.S. Treasury (13) 1,762 46 991 112 42 112 96 93 25 14 32 62 137
Other liabilities and accrued
dividends (14) 23,168 326 17,532 442 392 1,021 717 643 239 178 261 459 957

Total liabilities 2,816,750 70,583 1,519,078 76,990 75,316 228,021 178,800 156,420 46,603 26,363 55,703 109,141 273,732

Capital
Capital paid in 27,319 1,322 8,727 2,164 2,121 5,459 1,550 803 223 114 272 444 4,120
Surplus 27,319 1,322 8,727 2,164 2,121 5,459 1,550 803 223 114 272 444 4,120
Other capital 0 0 0 0 0 0 0 0 0 0 0 0 0

Total liabilities and capital 2,871,388 73,227 1,536,532 81,317 79,558 238,939 181,901 158,026 47,049 26,590 56,247 110,030 281,972

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

9. Statement of Condition of Each Federal Reserve Bank, June 13, 2012 (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. Refer to table 4 and the note on consolidation below.
7. Refer to table 5 and the note on consolidation below.
8. Refer to table 6 and the note on consolidation below.
9. Refer to table 7 and the note on consolidation below.
10. 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.
11. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates and the fair value adjustment to credit extended by the Federal Reserve Bank of New York
(FRBNY) to eligible borrowers through the Term Asset-Backed Securities Loan Facility.
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.
13. 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.
14. 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.

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 8), 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 8).

10. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Wednesday
Federal Reserve notes and collateral Jun 13, 2012

Federal Reserve notes outstanding 1,252,491
Less: Notes held by F.R. Banks not subject to collateralization 185,269
Federal Reserve notes to be collateralized 1,067,221
Collateral held against Federal Reserve notes 1,067,221
Gold certificate account 11,037
Special drawing rights certificate account 5,200
U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2) 1,050,984
Other assets pledged 0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2) 2,621,345
Less: Face value of securities under reverse repurchase agreements 72,107
U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 2,549,238

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