FRB: H.4.1 Release--Factors Affecting Reserve Balances--August 8, 2013

FEDERAL RESERVE statistical release

For Release at
4:30 P.M. EDT
June 12, 2014

Table 10 line items “Less: Face value of securities under reverse repurchase agreements” and “U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged” have been corrected to include securities pledged as collateral for tri-party reverse repurchase agreements.
The revised data are reported at the following link: http://www.federalreserve.gov/releases/h41/2014update.htm.
Historical data incorporating this correction can be accessed through the Data Download Program (DDP) at http://www.federalreserve.gov/datadownload/Choose.aspx?rel=H41.

FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks August 8, 2013

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 7, 2013
Federal Reserve Banks Aug 7, 2013 Jul 31, 2013 Aug 8, 2012

Reserve Bank credit 3,534,531 + 10,320 + 726,864 3,542,151
Securities held outright (1) 3,300,389 + 9,550 + 706,400 3,306,860
U.S. Treasury securities 1,986,904 + 9,536 + 337,435 1,993,375
Bills (2) 0 0 0 0
Notes and bonds, nominal (2) 1,889,526 + 9,488 + 318,997 1,895,978
Notes and bonds, inflation-indexed (2) 84,406 0 + 15,320 84,406
Inflation compensation (3) 12,972 + 48 + 3,117 12,991
Federal agency debt securities (2) 66,521 0 - 24,508 66,521
Mortgage-backed securities (4) 1,246,964 + 14 + 393,474 1,246,964
Unamortized premiums on securities held outright (5) 203,896 - 335 + 58,774 203,894
Unamortized discounts on securities held outright (5) -3,265 - 140 - 1,289 -3,322
Repurchase agreements (6) 0 0 - 261 0
Loans 316 - 35 - 3,328 319
Primary credit 7 - 4 + 5 6
Secondary credit 0 0 0 0
Seasonal credit 125 - 4 - 8 128
Term Asset-Backed Securities Loan Facility (7) 185 - 26 - 3,324 185
Other credit extensions 0 0 0 0
Net portfolio holdings of Maiden Lane LLC (8) 1,489 + 64 - 596 1,490
Net portfolio holdings of Maiden Lane II LLC (9) 64 0 + 3 64
Net portfolio holdings of Maiden Lane III LLC (10) 22 0 - 7,360 22
Net portfolio holdings of TALF LLC (11) 247 - 21 - 601 195
Float -681 - 27 + 26 -238
Central bank liquidity swaps (12) 1,479 0 - 28,543 1,479
Other Federal Reserve assets (13) 30,575 + 1,264 + 3,639 31,388
Foreign currency denominated assets (14) 23,847 + 5 - 1,319 24,073
Gold stock 11,041 0 0 11,041
Special drawing rights certificate account 5,200 0 0 5,200
Treasury currency outstanding (15) 45,217 + 14 + 648 45,217

Total factors supplying reserve funds 3,619,836 + 10,338 + 726,193 3,627,682

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 7, 2013
Federal Reserve Banks Aug 7, 2013 Jul 31, 2013 Aug 8, 2012

Currency in circulation (15) 1,198,227 + 3,236 + 82,968 1,200,008
Reverse repurchase agreements (16) 91,827 + 2,557 - 1,271 93,140
Foreign official and international accounts 91,505 + 2,235 - 1,593 90,880
Others 323 + 323 + 323 2,260
Treasury cash holdings 145 + 9 + 21 151
Deposits with F.R. Banks, other than reserve balances 94,314 - 12,669 + 29,304 109,360
Term deposits held by depository institutions 11,913 0 + 8,873 11,913
U.S. Treasury, General Account 60,845 + 782 + 25,223 62,679
Foreign official 10,411 - 24 + 5,935 10,411
Other 11,144 - 13,428 - 10,727 24,357
Other liabilities and capital (17) 63,882 + 287 - 3,072 64,041

Total factors, other than reserve balances,
absorbing reserve funds 1,448,396 - 6,579 + 107,951 1,466,700

Reserve balances with Federal Reserve Banks 2,171,441 + 16,919 + 618,242 2,160,982

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. Reflects the premium or discount, which is the difference between the purchase price and the face
value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt
securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an
effective-interest basis.
6. Cash value of agreements.
7. Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the
Term Asset-Backed Securities Loan Facility.
8. Refer to table 4 and the note on consolidation accompanying table 9.
9. Refer to table 5 and the note on consolidation accompanying table 9.
10. Refer to table 6 and the note on consolidation accompanying table 9.
11. Refer to table 7 and the note on consolidation accompanying table 9.
12. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used
when the foreign currency is returned to the foreign central bank. This exchange rate equals the
market exchange rate used when the foreign currency was acquired from the foreign central bank.
13. Includes accrued interest, which represents the daily accumulation of interest earned, and other
accounts receivable. Also, includes Reserve Bank premises and equipment net of allowances for
depreciation.
14. Revalued daily at current foreign currency exchange rates.
15. Estimated.
16. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt
securities, and mortgage-backed securities.
17. 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
Memorandum item Averages of daily figures Wednesday
Week ended Change from week ended Aug 7, 2013
Aug 7, 2013 Jul 31, 2013 Aug 8, 2012

Securities held in custody for foreign official and
international accounts 3,268,591 + 3,866 + 135,597 3,268,411
Marketable U.S. Treasury securities (1) 2,924,292 + 6,305 + 160,549 2,923,399
Federal agency debt and mortgage-backed securities (2) 307,042 - 2,673 - 24,141 307,738
Other securities (3) 37,257 + 234 - 810 37,274
Securities lent to dealers 8,610 - 433 - 2,292 9,353
Overnight facility (4) 8,610 - 433 - 2,292 9,353
U.S. Treasury securities 7,839 - 368 - 2,405 8,572
Federal agency debt securities 771 - 65 + 113 781

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

1. Includes securities and U.S. Treasury STRIPS at face value, and inflation compensation on TIPS.
Does not include securities pledged as collateral to foreign official and international account holders
against reverse repurchase agreements with the Federal Reserve presented in tables 1, 8, and 9.
2. Face value of federal agency securities and current face value of mortgage-backed securities, which
is the remaining principal balance of the underlying mortgages.
3. Includes non-marketable U.S. Treasury securities, supranationals, corporate bonds, asset-backed
securities, and commercial paper at face value.
4. Face value. Fully collateralized by U.S. Treasury securities.

2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, August 7, 2013

Millions of dollars
Remaining Maturity Within 15 16 days to 91 days to Over 1 year Over 5 year Over 10 All
days 90 days 1 year to 5 years to 10 years years

Loans (1) 45 89 16 168 0 ... 319
U.S. Treasury securities (2)
Holdings 0 4 381 599,758 874,709 518,522 1,993,375
Weekly changes 0 + 1 - 1 + 4,340 + 5,095 + 1,532 + 10,968
Federal agency debt securities (3)
Holdings 808 6,633 16,953 39,718 62 2,347 66,521
Weekly changes 0 0 0 0 0 0 0
Mortgage-backed securities (4)
Holdings 0 0 0 2 2,569 1,244,393 1,246,964
Weekly changes 0 0 0 + 1 + 5 - 6 0
Asset-backed securities held by
TALF LLC (5) 0 0 0 0 0 0 0
Repurchase agreements (6) 0 0 ... ... ... ... 0
Central bank liquidity swaps (7) 1,293 186 0 0 0 0 1,479

Reverse repurchase agreements (6) 93,140 0 ... ... ... ... 93,140
Term deposits 11,913 0 0 ... ... ... 11,913

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
Account name Wednesday
Aug 7, 2013

Mortgage-backed securities held outright (1) 1,246,964

Commitments to buy mortgage-backed securities (2) 104,272
Commitments to sell mortgage-backed securities (2) 0

Cash and cash equivalents (3) 12

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
Account name Wednesday
Aug 7, 2013

Net portfolio holdings of Maiden Lane LLC (1) 1,490

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) 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, 2013. 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
Account name Wednesday
Aug 7, 2013

Net portfolio holdings of Maiden Lane II LLC (1) 64

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, 2013. 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
Account name Wednesday
Aug 7, 2013

Net portfolio holdings of Maiden Lane III LLC (1) 22

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
Account name Wednesday
Aug 7, 2013

Asset-backed securities holdings (1) 0
Other investments, net 195
Net portfolio holdings of TALF LLC 195

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) 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.
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) extended loans with a term of up to five years to
holders of eligible asset-backed securities. The Federal Reserve closed the TALF for new loan extensions in 2010.
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.

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. Prior to January 15, 2013, the U.S. Treasury's
Troubled Asset Relief Program (TARP) committed backup funding to TALF LLC, providing credit protection to the
FRBNY. However, the accumulated fees and income collected through the TALF and held by TALF LLC now exceed the
remaining amount of TALF loans outstanding. Accordingly, the TARP credit protection commitment has been
terminated, and TALF LLC has begun to distribute excess proceeds to the Treasury and the FRBNY. 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
Assets, liabilities, and capital Eliminations Wednesday Change since
from Aug 7, 2013 Wednesday Wednesday
consolidation Jul 31, 2013 Aug 8, 2012

Assets
Gold certificate account 11,037 0 0
Special drawing rights certificate account 5,200 0 0
Coin 1,981 + 12 - 150
Securities, unamortized premiums and discounts,
repurchase agreements, and loans 3,507,751 + 10,661 + 763,199
Securities held outright (1) 3,306,860 + 10,968 + 709,922
U.S. Treasury securities 1,993,375 + 10,968 + 340,959
Bills (2) 0 0 0
Notes and bonds, nominal (2) 1,895,978 + 10,915 + 322,494
Notes and bonds, inflation-indexed (2) 84,406 0 + 15,320
Inflation compensation (3) 12,991 + 53 + 3,145
Federal agency debt securities (2) 66,521 0 - 24,508
Mortgage-backed securities (4) 1,246,964 0 + 393,471
Unamortized premiums on securities held outright
(5) 203,894 - 207 + 58,537
Unamortized discounts on securities held outright
(5) -3,322 - 100 - 1,347
Repurchase agreements (6) 0 0 - 600
Loans 319 - 1 - 3,312
Net portfolio holdings of Maiden Lane LLC (7) 1,490 + 2 - 595
Net portfolio holdings of Maiden Lane II LLC (8) 64 0 + 3
Net portfolio holdings of Maiden Lane III LLC (9) 22 0 - 7,389
Net portfolio holdings of TALF LLC (10) 195 - 73 - 653
Items in process of collection (0) 680 + 575 + 622
Bank premises 2,289 - 7 - 64
Central bank liquidity swaps (11) 1,479 0 - 28,543
Foreign currency denominated assets (12) 24,073 + 201 - 1,093
Other assets (13) 29,100 + 2,195 + 3,843

Total assets (0) 3,585,359 + 13,562 + 729,178

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
Assets, liabilities, and capital Eliminations Wednesday Change since
from Aug 7, 2013 Wednesday Wednesday
consolidation Jul 31, 2013 Aug 8, 2012

Liabilities
Federal Reserve notes, net of F.R. Bank holdings 1,156,918 + 2,596 + 82,394
Reverse repurchase agreements (14) 93,140 + 2,055 + 1,635
Deposits (0) 2,270,342 + 7,782 + 646,925
Term deposits held by depository institutions 11,913 0 + 8,873
Other deposits held by depository institutions 2,160,982 + 40,139 + 600,761
U.S. Treasury, General Account 62,679 - 47,014 + 36,566
Foreign official 10,411 - 70 + 5,327
Other (0) 24,357 + 14,727 - 4,603
Deferred availability cash items (0) 918 - 3 + 22
Other liabilities and accrued dividends (15) 9,015 + 1,131 - 2,133

Total liabilities (0) 3,530,333 + 13,560 + 728,843

Capital accounts
Capital paid in 27,513 + 1 + 167
Surplus 27,513 + 1 + 167
Other capital accounts 0 0 0

Total capital 55,026 + 2 + 335

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. Reflects the premium or discount, which is the difference between the purchase price and the face
value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt
securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an
effective-interest basis.
6. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
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. Revalued daily at current foreign currency exchange rates.
13. Includes accrued interest, which represents the daily accumulation of interest earned, and other
accounts receivable.
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.

9. Statement of Condition of Each Federal Reserve Bank, August 7, 2013
Millions of dollars
Assets, liabilities, and capital Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas Dallas San
City Francisco

Assets
Gold certificate account 11,037 391 3,925 397 512 856 1,421 792 310 190 309 728 1,206
Special drawing rights certificate acct. 5,200 196 1,818 210 237 412 654 424 150 90 153 282 574
Coin 1,981 34 85 124 137 342 195 288 29 48 160 192 348
Securities, unamortized premiums and
discounts, repurchase agreements,
and loans 3,507,751 91,716 1,945,204 101,626 89,576 218,095 233,013 189,554 56,456 33,321 66,374 136,210 346,604
Securities held outright (1) 3,306,860 86,471 1,833,789 95,814 84,454 205,623 219,670 178,691 53,208 31,380 62,562 128,413 326,784
U.S. Treasury securities 1,993,375 52,125 1,105,408 57,757 50,909 123,950 132,417 107,715 32,074 18,916 37,712 77,408 196,985
Bills (2) 0 0 0 0 0 0 0 0 0 0 0 0 0
Notes and bonds (3) 1,993,375 52,125 1,105,408 57,757 50,909 123,950 132,417 107,715 32,074 18,916 37,712 77,408 196,985
Federal agency debt securities (2) 66,521 1,739 36,889 1,927 1,699 4,136 4,419 3,595 1,070 631 1,259 2,583 6,574
Mortgage-backed securities (4) 1,246,964 32,607 691,493 36,130 31,846 77,537 82,834 67,382 20,064 11,833 23,591 48,423 123,225
Unamortized premiums on securities held
outright (5) 203,894 5,332 113,068 5,908 5,207 12,678 13,544 11,018 3,281 1,935 3,857 7,918 20,149
Unamortized discounts on securities
held outright (5) -3,322 -87 -1,842 -96 -85 -207 -221 -180 -53 -32 -63 -129 -328
Repurchase agreements (6) 0 0 0 0 0 0 0 0 0 0 0 0 0
Loans 319 0 189 1 0 0 19 25 21 38 18 8 0
Net portfolio holdings of Maiden
Lane LLC (7) 1,490 0 1,490 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane II LLC (8) 64 0 64 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane III LLC (9) 22 0 22 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of TALF LLC (10) 195 0 195 0 0 0 0 0 0 0 0 0 0
Items in process of collection 680 0 0 0 0 0 679 0 0 0 0 0 0
Bank premises 2,289 119 428 72 112 229 212 200 128 101 249 234 205
Central bank liquidity swaps (11) 1,479 73 473 114 115 311 84 42 12 6 15 23 210
Foreign currency denominated assets (12) 24,073 1,183 7,698 1,862 1,877 5,055 1,371 686 201 101 244 382 3,414
Other assets (13) 29,100 797 15,712 853 760 1,997 1,958 1,571 519 342 574 1,167 2,849
Interdistrict settlement account 0 - 28,122 + 256,328 - 30,608 - 16,847 - 12,705 - 43,049 - 49,299 - 13,908 - 14,111 - 21,650 - 35,120 + 9,091

Total assets 3,585,359 66,386 2,233,441 74,649 76,481 214,592 196,538 144,259 43,896 20,088 46,429 104,098 364,501

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 7, 2013 (continued)
Millions of dollars
Assets, liabilities, and capital Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas Dallas San
City Francisco

Liabilities
Federal Reserve notes outstanding 1,480,168 46,364 551,787 45,742 61,435 111,915 181,133 96,071 37,236 23,495 39,625 117,644 167,722
Less: Notes held by F.R. Banks 323,250 13,099 91,730 8,978 9,692 14,136 34,835 22,369 4,727 11,014 13,425 61,766 37,478
Federal Reserve notes, net 1,156,918 33,264 460,057 36,764 51,743 97,778 146,298 73,702 32,509 12,481 26,200 55,878 130,244
Reverse repurchase agreements (14) 93,140 2,436 51,650 2,699 2,379 5,792 6,187 5,033 1,499 884 1,762 3,617 9,204
Deposits 2,270,342 27,856 1,699,011 30,683 17,737 98,820 39,531 63,582 9,240 6,226 17,734 43,373 216,548
Term deposits held by depository
institutions 11,913 5 8,010 800 0 1,045 700 128 0 70 150 5 1,000
Other deposits held by depository
institutions 2,160,982 27,848 1,594,001 29,849 17,731 97,441 38,819 63,417 9,240 6,156 17,582 43,366 215,532
U.S. Treasury, General Account 62,679 0 62,679 0 0 0 0 0 0 0 0 0 0
Foreign official 10,411 2 10,384 3 3 8 2 1 0 0 0 1 6
Other 24,357 0 23,938 31 4 325 10 35 0 0 1 2 10
Deferred availability cash items 918 0 0 0 0 0 805 0 0 112 0 0 0
Interest on Federal Reserve notes due
to U.S. Treasury (15) 1,907 52 1,029 67 56 143 123 101 28 16 33 67 192
Other liabilities and accrued
dividends (16) 7,108 181 4,148 211 214 538 400 328 157 136 137 242 417

Total liabilities 3,530,333 63,789 2,215,895 70,424 72,129 203,070 193,344 142,746 43,432 19,855 45,866 103,177 356,604

Capital
Capital paid in 27,513 1,299 8,773 2,113 2,176 5,761 1,597 756 232 117 281 461 3,949
Surplus 27,513 1,299 8,773 2,113 2,176 5,761 1,597 756 232 117 281 461 3,949
Other capital 0 0 0 0 0 0 0 0 0 0 0 0 0

Total liabilities and capital 3,585,359 66,386 2,233,441 74,649 76,481 214,592 196,538 144,259 43,896 20,088 46,429 104,098 364,501

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 7, 2013 (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. Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt
securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an effective-interest basis.
6. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
7. Refer to table 4 and the note on consolidation below.
8. Refer to table 5 and the note on consolidation below.
9. Refer to table 6 and the note on consolidation below.
10. Refer to table 7 and the note on consolidation below.
11. 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. Revalued daily at current foreign currency exchange rates.
13. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.
14. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.
15. Represents the estimated weekly remittances to U.S. Treasury as interest on Federal Reserve notes or, in those cases where the Reserve Bank's net earnings are not sufficient to equate surplus to
capital paid-in, the deferred asset for interest on Federal Reserve notes. The amount of any deferred asset, which is presented as a negative amount in this line, represents the amount of the
Federal Reserve Bank's earnings that must be retained before remittances to the U.S. Treasury resume. The amounts on this line are calculated in accordance with Board of Governors policy, which requires
the Federal Reserve Banks to remit residual earnings to the U.S. Treasury as interest on Federal Reserve notes after providing for the costs of operations, payment of dividends, and the amount
necessary to equate surplus with capital paid-in.
16. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to entities other than the Federal Reserve Bank of New York, including liabilities that have
recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation below.

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
Federal Reserve notes and collateral Wednesday
Aug 7, 2013

Federal Reserve notes outstanding 1,480,168
Less: Notes held by F.R. Banks not subject to collateralization 323,250
Federal Reserve notes to be collateralized 1,156,918
Collateral held against Federal Reserve notes 1,156,918
Gold certificate account 11,037
Special drawing rights certificate account 5,200
U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2) 1,140,681
Other assets pledged 0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2) 3,306,860
Less: Face value of securities under reverse repurchase agreements 83,339
U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 3,223,521

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