FRB: H.4.1 Release--Factors Affecting Reserve Balances--August 30, 2012

FEDERAL RESERVE statistical release
H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
August 30, 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 Aug 29, 2012
Federal Reserve Banks Aug 29, 2012 Aug 22, 2012 Aug 31, 2011

Reserve Bank credit 2,803,639 - 7,005 - 32,135 2,795,420
Securities held outright (1) 2,578,185 - 8,111 - 66,322 2,570,220
U.S. Treasury securities 1,638,335 - 2,042 - 11,451 1,639,413
Bills (2) 0 0 - 18,423 0
Notes and bonds, nominal (2) 1,557,926 - 2,015 + 2,406 1,559,014
Notes and bonds, inflation-indexed (2) 70,435 0 + 4,058 70,435
Inflation compensation (3) 9,975 - 26 + 508 9,965
Federal agency debt securities (2) 87,210 - 1,297 - 22,566 87,210
Mortgage-backed securities (4) 852,640 - 4,772 - 32,305 843,597
Repurchase agreements (5) 0 0 0 0
Loans 2,596 - 817 - 9,102 2,420
Primary credit 32 + 22 + 25 51
Secondary credit 0 0 0 0
Seasonal credit 147 + 3 + 52 146
Term Asset-Backed Securities Loan Facility (6) 2,417 - 841 - 9,178 2,222
Other credit extensions 0 0 0 0
Net portfolio holdings of Maiden Lane LLC (7) 1,874 + 6 - 16,332 1,908
Net portfolio holdings of Maiden Lane II LLC (8) 61 0 - 10,016 61
Net portfolio holdings of Maiden Lane III LLC (9) 1,559 + 81 - 19,762 1,585
Net portfolio holdings of TALF LLC (10) 851 + 2 + 76 851
Float -601 + 43 + 327 -768
Central bank liquidity swaps (11) 25,683 - 801 + 25,683 25,683
Other Federal Reserve assets (12) 193,431 + 2,593 + 63,313 193,461
Gold stock 11,041 0 0 11,041
Special drawing rights certificate account 5,200 0 0 5,200
Treasury currency outstanding (13) 44,648 + 14 + 614 44,648

Total factors supplying reserve funds 2,864,529 - 6,990 - 31,520 2,856,309

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 Aug 29, 2012
Federal Reserve Banks Aug 29, 2012 Aug 22, 2012 Aug 31, 2011

Currency in circulation (13) 1,119,124 + 2,490 + 85,088 1,123,554
Reverse repurchase agreements (14) 92,818 - 458 - 9,730 92,651
Foreign official and international accounts 92,818 - 458 - 9,730 92,651
Others 0 0 0 0
Treasury cash holdings 126 - 3 - 4 118
Deposits with F.R. Banks, other than reserve balances 83,057 - 147 + 6,634 42,722
Term deposits held by depository institutions 0 0 0 0
U.S. Treasury, General Account 25,194 + 1,156 + 4,874 25,021
U.S. Treasury, Supplementary Financing Account 0 0 0 0
Foreign official 5,090 + 3 + 987 5,084
Service-related 0 0 - 2,475 0
Required clearing balances 0 0 - 2,475 0
Adjustments to compensate for float 0 0 0 0
Other 52,772 - 1,308 + 3,246 12,616
Other liabilities and capital (15) 67,088 + 565 - 4,248 66,077

Total factors, other than reserve balances,
absorbing reserve funds 1,362,212 + 2,446 + 77,739 1,325,122

Reserve balances with Federal Reserve Banks 1,502,317 - 9,436 - 109,259 1,531,187

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 Aug 29, 2012
Memorandum item Aug 29, 2012 Aug 22, 2012 Aug 31, 2011

Marketable securities held in custody for foreign
official and international accounts (1) 3,567,605 + 4,475 + 80,699 3,567,303
U.S. Treasury securities 2,867,877 - 311 + 113,577 2,866,324
Federal agency securities (2) 699,728 + 4,786 - 32,878 700,979
Securities lent to dealers 6,200 - 453 - 6,330 6,153
Overnight facility (3) 6,200 - 453 - 6,330 6,153
U.S. Treasury securities 5,574 - 480 - 6,438 5,527
Federal agency debt securities 626 + 27 + 108 626

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, August 29, 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) 237 241 811 1,131 0 ... 2,420
U.S. Treasury securities (2)
Holdings 3,556 828 4,812 490,195 778,166 361,856 1,639,413
Weekly changes 0 0 0 - 7,803 + 4,639 + 5,425 + 2,261
Federal agency debt securities (3)
Holdings 0 7,927 13,570 58,956 4,410 2,347 87,210
Weekly changes 0 + 794 - 794 0 0 0 0
Mortgage-backed securities (4)
Holdings 0 0 2 4 268 843,322 843,597
Weekly changes 0 0 0 - 1 + 16 - 15,729 - 15,713
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) 18,396 7,287 0 0 0 0 25,683

Reverse repurchase agreements (6) 92,651 0 ... ... ... ... 92,651
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
Millions of dollars
Wednesday
Account name Aug 29, 2012

Mortgage-backed securities held outright (1) 843,597

Commitments to buy mortgage-backed securities (2) 45,419
Commitments to sell mortgage-backed securities (2) 0

Cash and cash equivalents (3) 66

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 Aug 29, 2012

Net portfolio holdings of Maiden Lane LLC (1) 1,908

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
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3) 487

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
June 30, 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 Aug 29, 2012

Net portfolio holdings of Maiden Lane II LLC (1) 61

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
June 30, 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 Aug 29, 2012

Net portfolio holdings of Maiden Lane III LLC (1) 1,585

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 Aug 29, 2012

Asset-backed securities holdings (1) 0
Other investments, net 851
Net portfolio holdings of TALF LLC 851

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) 112

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 $1.4 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 Aug 29, 2012 Wednesday Wednesday
Assets, liabilities, and capital Aug 22, 2012 Aug 31, 2011

Assets
Gold certificate account 11,037 0 0
Special drawing rights certificate account 5,200 0 0
Coin 2,150 - 8 - 51
Securities, repurchase agreements, and loans 2,572,640 - 13,880 - 85,900
Securities held outright (1) 2,570,220 - 13,452 - 76,614
U.S. Treasury securities 1,639,413 + 2,261 - 12,700
Bills (2) 0 0 - 18,423
Notes and bonds, nominal (2) 1,559,014 + 2,288 + 1,559
Notes and bonds, inflation-indexed (2) 70,435 0 + 3,681
Inflation compensation (3) 9,965 - 26 + 484
Federal agency debt securities (2) 87,210 0 - 22,566
Mortgage-backed securities (4) 843,597 - 15,713 - 41,348
Repurchase agreements (5) 0 0 0
Loans 2,420 - 427 - 9,286
Net portfolio holdings of Maiden Lane LLC (6) 1,908 + 39 - 16,322
Net portfolio holdings of Maiden Lane II LLC (7) 61 0 - 10,048
Net portfolio holdings of Maiden Lane III LLC (8) 1,585 + 31 - 19,742
Net portfolio holdings of TALF LLC (9) 851 0 + 76
Items in process of collection (195) 63 - 84 - 197
Bank premises 2,357 + 1 + 168
Central bank liquidity swaps (10) 25,683 - 801 + 25,683
Other assets (11) 191,104 + 1,764 + 63,579

Total assets (195) 2,814,638 - 12,939 - 42,756

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 Aug 29, 2012 Wednesday Wednesday
Assets, liabilities, and capital Aug 22, 2012 Aug 31, 2011

Liabilities
Federal Reserve notes, net of F.R. Bank holdings 1,081,169 + 5,415 + 85,113
Reverse repurchase agreements (12) 92,651 - 1,062 - 11,893
Deposits (108) 1,573,909 - 17,317 - 110,897
Term deposits held by depository institutions 0 0 0
Other deposits held by depository institutions 1,531,187 + 21,340 - 60,808
U.S. Treasury, General Account 25,021 + 11,341 - 17,460
U.S. Treasury, Supplementary Financing Account 0 0 0
Foreign official 5,084 + 1 + 2,409
Other (108) 12,616 - 50,000 - 35,038
Deferred availability cash items (87) 832 + 11 - 586
Other liabilities and accrued dividends (13) 11,408 + 5 - 7,272

Total liabilities (195) 2,759,969 - 12,948 - 45,535

Capital accounts
Capital paid in 27,334 + 4 + 1,389
Surplus 27,334 + 4 + 1,389
Other capital accounts 0 0 0

Total capital 54,669 + 9 + 2,779

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, August 29, 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 2,150 48 93 147 147 384 202 318 35 53 164 206 354
Securities, repurchase agreements,
and loans 2,572,640 62,427 1,443,227 84,966 65,346 182,926 155,005 142,598 40,218 23,439 51,651 99,881 220,956
Securities held outright (1) 2,570,220 62,426 1,441,005 84,966 65,346 182,926 154,967 142,585 40,183 23,366 51,637 99,866 220,948
U.S. Treasury securities 1,639,413 39,818 919,144 54,195 41,681 116,679 98,845 90,948 25,631 14,904 32,937 63,700 140,931
Bills (2) 0 0 0 0 0 0 0 0 0 0 0 0 0
Notes and bonds (3) 1,639,413 39,818 919,144 54,195 41,681 116,679 98,845 90,948 25,631 14,904 32,937 63,700 140,931
Federal agency debt securities (2) 87,210 2,118 48,895 2,883 2,217 6,207 5,258 4,838 1,363 793 1,752 3,389 7,497
Mortgage-backed securities (4) 843,597 20,489 472,966 27,887 21,448 60,040 50,863 46,799 13,189 7,669 16,948 32,778 72,519
Repurchase agreements (5) 0 0 0 0 0 0 0 0 0 0 0 0 0
Loans 2,420 1 2,222 0 0 0 38 13 35 73 14 15 8
Net portfolio holdings of Maiden
Lane LLC (6) 1,908 0 1,908 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane II LLC (7) 61 0 61 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane III LLC (8) 1,585 0 1,585 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of TALF LLC (9) 851 0 851 0 0 0 0 0 0 0 0 0 0
Items in process of collection 258 2 0 51 23 6 81 16 3 45 3 8 20
Bank premises 2,357 121 459 67 123 229 213 204 131 104 255 241 211
Central bank liquidity swaps (10) 25,683 900 8,285 2,228 1,899 5,313 1,469 685 210 105 255 411 3,923
Other assets (11) 191,104 4,940 100,688 7,720 6,094 17,179 11,476 9,859 2,820 1,658 3,599 6,960 18,110
Interdistrict settlement account 0 + 5,407 - 12,001 - 17,099 - 1,095 - 29,190 + 25,588 - 6,130 + 2,265 + 1,191 - 1,627 - 3,304 + 35,997

Total assets 2,814,833 74,449 1,550,798 78,726 73,288 178,148 196,024 148,812 46,145 26,877 54,768 105,410 281,388

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, August 29, 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 1,289,255 45,866 449,410 47,510 61,432 102,083 174,295 94,416 37,369 22,610 36,468 80,385 137,411
Less: Notes held by F.R. Banks 208,086 4,993 80,184 5,836 8,539 12,537 26,417 13,466 4,242 3,474 3,808 19,191 25,399
Federal Reserve notes, net 1,081,169 40,873 369,226 41,673 52,893 89,546 147,879 80,950 33,128 19,136 32,660 61,193 112,011
Reverse repurchase agreements (12) 92,651 2,250 51,945 3,063 2,356 6,594 5,586 5,140 1,449 842 1,861 3,600 7,965
Deposits 1,574,017 28,396 1,104,898 29,256 13,452 70,266 38,749 60,674 10,916 6,298 19,473 39,332 152,305
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 1,531,187 28,393 1,062,375 29,237 13,449 70,142 38,634 60,647 10,916 6,298 19,472 39,328 152,297
U.S. Treasury, General Account 25,021 0 25,021 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 5,084 1 5,057 3 3 8 2 1 0 0 0 1 6
Other 12,724 2 12,445 16 0 116 113 26 0 0 1 3 1
Deferred availability cash items 919 28 0 90 41 20 172 27 21 222 25 60 213
Interest on Federal Reserve notes due
to U.S. Treasury (13) 1,840 42 1,053 64 51 141 102 93 25 14 33 60 161
Other liabilities and accrued
dividends (14) 9,568 200 6,219 252 241 628 423 375 159 135 166 278 490

Total liabilities 2,760,164 71,791 1,533,342 74,399 69,034 167,196 192,911 147,259 45,697 26,648 54,218 104,523 273,146

Capital
Capital paid in 27,334 1,329 8,728 2,163 2,127 5,476 1,556 776 224 114 275 444 4,121
Surplus 27,334 1,329 8,728 2,163 2,127 5,476 1,556 776 224 114 275 444 4,121
Other capital 0 0 0 0 0 0 0 0 0 0 0 0 0

Total liabilities and capital 2,814,833 74,449 1,550,798 78,726 73,288 178,148 196,024 148,812 46,145 26,877 54,768 105,410 281,388

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, August 29, 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 Aug 29, 2012

Federal Reserve notes outstanding 1,289,255
Less: Notes held by F.R. Banks not subject to collateralization 208,086
Federal Reserve notes to be collateralized 1,081,169
Collateral held against Federal Reserve notes 1,081,169
Gold certificate account 11,037
Special drawing rights certificate account 5,200
U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2) 1,064,932
Other assets pledged 0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2) 2,570,220
Less: Face value of securities under reverse repurchase agreements 79,205
U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 2,491,015

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