FRB: H.4.1 Release--Factors Affecting Reserve Balances--November 1, 2012

For release at
4:30 P.M. EDT
November 1, 2012

The weekly average values, shown in table 1, reflect the September 30, 2012, quarterly updates to the
fair values of the net portfolio holdings of Maiden Lane LLC and the fair value adjustment of the
Term Asset-Backed Securities Loan Facility, or TALF, which is included in "Other Federal Reserve
assets." The amounts for the first six days of this reporting week are based on the values as of June
30, 2012, and the amounts for the last day of the reporting week are based on the values as of
September 30, 2012.

FEDERAL RESERVE statistical release
H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
November 1, 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 Oct 31, 2012
Federal Reserve Banks Oct 31, 2012 Oct 24, 2012 Nov 2, 2011

Reserve Bank credit 2,810,656 - 18,435 - 6,790 2,805,301
Securities held outright (1) 2,584,211 - 19,036 - 39,003 2,579,274
U.S. Treasury securities 1,650,297 - 1,985 - 15,988 1,645,334
Bills (2) 0 0 - 18,423 0
Notes and bonds, nominal (2) 1,568,019 - 1,358 - 2,354 1,563,019
Notes and bonds, inflation-indexed (2) 71,944 - 622 + 4,234 71,944
Inflation compensation (3) 10,334 - 5 + 554 10,371
Federal agency debt securities (2) 81,902 - 844 - 25,766 81,902
Mortgage-backed securities (4) 852,013 - 16,206 + 2,752 852,039
Repurchase agreements (5) 0 0 0 0
Loans 1,317 - 92 - 9,577 1,262
Primary credit 26 + 22 + 3 37
Secondary credit 0 0 0 0
Seasonal credit 48 0 + 16 48
Term Asset-Backed Securities Loan Facility (6) 1,243 - 114 - 9,595 1,177
Other credit extensions 0 0 0 0
Net portfolio holdings of Maiden Lane LLC (7) 1,561 + 6 - 11,378 1,572
Net portfolio holdings of Maiden Lane II LLC (8) 61 0 - 9,392 61
Net portfolio holdings of Maiden Lane III LLC (9) 23 0 - 17,996 23
Net portfolio holdings of TALF LLC (10) 855 + 1 + 61 855
Float -593 - 33 + 324 -930
Central bank liquidity swaps (11) 12,903 + 726 + 11,050 12,903
Other Federal Reserve assets (12) 210,319 - 6 + 69,122 210,282
Gold stock 11,041 0 0 11,041
Special drawing rights certificate account 5,200 0 0 5,200
Treasury currency outstanding (13) 44,704 + 14 + 581 44,704

Total factors supplying reserve funds 2,871,601 - 18,421 - 6,209 2,866,246

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 Oct 31, 2012
Federal Reserve Banks Oct 31, 2012 Oct 24, 2012 Nov 2, 2011

Currency in circulation (13) 1,136,787 + 2,442 + 91,466 1,141,983
Reverse repurchase agreements (14) 98,975 + 4,539 + 7,974 99,748
Foreign official and international accounts 98,975 + 4,539 + 7,974 99,748
Others 0 0 0 0
Treasury cash holdings 143 + 8 + 21 146
Deposits with F.R. Banks, other than reserve balances 74,260 - 41,491 - 26,681 123,616
Term deposits held by depository institutions 0 0 0 0
U.S. Treasury, General Account 53,905 - 8,833 - 3,870 99,966
U.S. Treasury, Supplementary Financing Account 0 0 0 0
Foreign official 5,898 + 915 + 5,769 5,991
Service-related 0 0 - 2,507 0
Required clearing balances 0 0 - 2,507 0
Adjustments to compensate for float 0 0 0 0
Other 14,457 - 33,573 - 26,073 17,660
Other liabilities and capital (15) 67,023 - 982 - 1,472 66,353

Total factors, other than reserve balances,
absorbing reserve funds 1,377,188 - 35,484 + 71,308 1,431,847

Reserve balances with Federal Reserve Banks 1,494,414 + 17,064 - 77,516 1,434,399

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 Oct 31, 2012
Memorandum item Oct 31, 2012 Oct 24, 2012 Nov 2, 2011

Marketable securities held in custody for foreign
official and international accounts (1) 3,609,118 - 82 + 213,627 3,616,831
U.S. Treasury securities 2,912,254 - 185 + 237,795 2,920,582
Federal agency securities (2) 696,864 + 103 - 24,168 696,249
Securities lent to dealers 8,052 + 168 - 3,104 10,803
Overnight facility (3) 8,052 + 168 - 3,104 10,803
U.S. Treasury securities 7,383 + 123 - 2,888 10,095
Federal agency debt securities 669 + 45 - 217 708

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, October 31, 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) 167 257 71 767 0 ... 1,262
U.S. Treasury securities (2)
Holdings 1 482 19 424,184 826,698 393,950 1,645,334
Weekly changes 0 - 2 + 2 - 5,776 + 2,754 + 1,831 - 1,190
Federal agency debt securities (3)
Holdings 850 5,941 16,031 52,323 4,410 2,347 81,902
Weekly changes + 6 - 850 0 0 0 0 - 844
Mortgage-backed securities (4)
Holdings 0 0 3 2 1,468 850,566 852,039
Weekly changes 0 0 - 1 0 - 4 - 16,026 - 16,030
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) 8,077 4,825 0 0 0 0 12,903

Reverse repurchase agreements (6) 99,748 0 ... ... ... ... 99,748
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 Oct 31, 2012

Mortgage-backed securities held outright (1) 852,039

Commitments to buy mortgage-backed securities (2) 105,383
Commitments to sell mortgage-backed securities (2) 0

Cash and cash equivalents (3) 67

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 Oct 31, 2012

Net portfolio holdings of Maiden Lane LLC (1) 1,572

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) 133

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, 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 Oct 31, 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
September 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 Oct 31, 2012

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

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 Oct 31, 2012

Asset-backed securities holdings (1) 0
Other investments, net 855
Net portfolio holdings of TALF LLC 855

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 Oct 31, 2012 Wednesday Wednesday
Assets, liabilities, and capital Oct 24, 2012 Nov 2, 2011

Assets
Gold certificate account 11,037 0 0
Special drawing rights certificate account 5,200 0 0
Coin 2,154 - 13 - 147
Securities, repurchase agreements, and loans 2,580,536 - 18,116 - 41,427
Securities held outright (1) 2,579,274 - 18,065 - 31,850
U.S. Treasury securities 1,645,334 - 1,190 - 8,861
Bills (2) 0 0 - 18,423
Notes and bonds, nominal (2) 1,563,019 - 1,293 + 4,906
Notes and bonds, inflation-indexed (2) 71,944 0 + 4,082
Inflation compensation (3) 10,371 + 102 + 573
Federal agency debt securities (2) 81,902 - 844 - 25,766
Mortgage-backed securities (4) 852,039 - 16,030 + 2,778
Repurchase agreements (5) 0 0 0
Loans 1,262 - 50 - 9,578
Net portfolio holdings of Maiden Lane LLC (6) 1,572 + 13 - 11,399
Net portfolio holdings of Maiden Lane II LLC (7) 61 0 - 9,275
Net portfolio holdings of Maiden Lane III LLC (8) 23 0 - 18,008
Net portfolio holdings of TALF LLC (9) 855 0 + 61
Items in process of collection (0) 128 - 75 - 303
Bank premises 2,353 + 3 + 175
Central bank liquidity swaps (10) 12,903 + 726 + 11,050
Other assets (11) 207,931 - 402 + 69,344

Total assets (0) 2,824,750 - 17,865 + 67

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 Oct 31, 2012 Wednesday Wednesday
Assets, liabilities, and capital Oct 24, 2012 Nov 2, 2011

Liabilities
Federal Reserve notes, net of F.R. Bank holdings 1,099,575 + 6,730 + 91,132
Reverse repurchase agreements (12) 99,748 + 8,039 - 24,764
Deposits (0) 1,558,017 - 32,673 - 64,385
Term deposits held by depository institutions 0 0 0
Other deposits held by depository institutions 1,434,400 + 1,159 - 87,359
U.S. Treasury, General Account 99,966 + 47,119 + 36,065
U.S. Treasury, Supplementary Financing Account 0 0 0
Foreign official 5,991 + 1,129 + 5,865
Other (0) 17,660 - 82,079 - 18,956
Deferred availability cash items (0) 1,058 + 278 - 350
Other liabilities and accrued dividends (13) 11,593 - 249 - 4,233

Total liabilities (0) 2,769,991 - 17,875 - 2,600

Capital accounts
Capital paid in 27,380 + 6 + 1,334
Surplus 27,380 + 6 + 1,334
Other capital accounts 0 0 0

Total capital 54,760 + 12 + 2,668

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, October 31, 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 2,154 50 107 147 147 384 201 314 35 51 161 201 355
Securities, repurchase agreements,
and loans 2,580,536 62,646 1,447,258 85,265 65,576 183,571 155,523 143,093 40,324 23,471 51,824 100,247 221,737
Securities held outright (1) 2,579,274 62,646 1,446,082 85,265 65,576 183,571 155,512 143,087 40,324 23,448 51,819 100,218 221,726
U.S. Treasury securities 1,645,334 39,962 922,464 54,391 41,832 117,101 99,202 91,276 25,723 14,958 33,055 63,930 141,440
Bills (2) 0 0 0 0 0 0 0 0 0 0 0 0 0
Notes and bonds (3) 1,645,334 39,962 922,464 54,391 41,832 117,101 99,202 91,276 25,723 14,958 33,055 63,930 141,440
Federal agency debt securities (2) 81,902 1,989 45,919 2,708 2,082 5,829 4,938 4,544 1,280 745 1,645 3,182 7,041
Mortgage-backed securities (4) 852,039 20,694 477,699 28,167 21,663 60,641 51,372 47,267 13,321 7,746 17,118 33,106 73,245
Repurchase agreements (5) 0 0 0 0 0 0 0 0 0 0 0 0 0
Loans 1,262 0 1,177 0 0 0 11 6 0 23 5 29 11
Net portfolio holdings of Maiden
Lane LLC (6) 1,572 0 1,572 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) 23 0 23 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of TALF LLC (9) 855 0 855 0 0 0 0 0 0 0 0 0 0
Items in process of collection 128 0 0 0 4 0 123 0 1 0 0 0 0
Bank premises 2,353 120 455 70 121 230 213 206 130 103 253 240 210
Central bank liquidity swaps (10) 12,903 452 4,162 1,119 954 2,669 738 344 106 53 128 207 1,971
Other assets (11) 207,931 5,358 110,104 8,259 6,542 18,416 12,496 10,795 3,107 1,821 3,940 7,517 19,576
Interdistrict settlement account 0 + 12,835 - 39,124 - 12,891 + 738 - 36,477 + 35,621 - 21,486 + 1,507 + 3,612 - 3,475 + 2,446 + 56,695

Total assets 2,824,750 82,065 1,531,114 82,616 74,834 170,095 206,908 134,529 45,673 29,393 53,299 111,865 302,360

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, October 31, 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 1,319,726 47,048 460,972 47,637 60,869 101,625 177,504 94,367 37,523 22,520 36,092 90,677 142,894
Less: Notes held by F.R. Banks 220,152 5,312 84,353 5,388 8,321 12,255 26,527 13,356 4,543 3,302 4,901 25,525 26,368
Federal Reserve notes, net 1,099,575 41,736 376,619 42,249 52,548 89,370 150,976 81,011 32,980 19,218 31,191 65,152 116,526
Reverse repurchase agreements (12) 99,748 2,423 55,924 3,297 2,536 7,099 6,014 5,534 1,559 907 2,004 3,876 8,575
Deposits 1,558,017 34,960 1,074,223 32,501 15,159 61,594 45,398 45,893 10,471 8,661 19,335 41,574 168,249
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 1,434,400 34,958 950,849 32,489 15,156 61,421 45,388 45,871 10,471 8,661 19,324 41,572 168,243
U.S. Treasury, General Account 99,966 0 99,966 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 5,991 1 5,964 3 3 8 2 1 0 0 0 1 6
Other 17,660 1 17,444 8 0 165 7 21 0 0 11 2 1
Deferred availability cash items 1,058 0 0 0 8 0 832 0 0 219 0 0 0
Interest on Federal Reserve notes due
to U.S. Treasury (13) 1,504 25 854 47 36 110 96 79 26 13 29 62 130
Other liabilities and accrued
dividends (14) 10,089 244 6,034 316 293 758 502 462 185 148 185 324 640

Total liabilities 2,769,991 79,387 1,513,654 78,410 70,579 158,931 203,817 132,977 45,221 29,164 52,744 110,988 294,119

Capital
Capital paid in 27,380 1,339 8,730 2,103 2,127 5,582 1,545 776 226 115 278 439 4,121
Surplus 27,380 1,339 8,730 2,103 2,127 5,582 1,545 776 226 115 278 439 4,121
Other capital 0 0 0 0 0 0 0 0 0 0 0 0 0

Total liabilities and capital 2,824,750 82,065 1,531,114 82,616 74,834 170,095 206,908 134,529 45,673 29,393 53,299 111,865 302,360

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, October 31, 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 Oct 31, 2012

Federal Reserve notes outstanding 1,319,726
Less: Notes held by F.R. Banks not subject to collateralization 220,152
Federal Reserve notes to be collateralized 1,099,575
Collateral held against Federal Reserve notes 1,099,575
Gold certificate account 11,037
Special drawing rights certificate account 5,200
U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2) 1,083,338
Other assets pledged 0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2) 2,579,274
Less: Face value of securities under reverse repurchase agreements 85,085
U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 2,494,189

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