FRB: H.4.1 Release--Factors Affecting Reserve Balances--September 5, 2013

FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks September 5, 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 Sep 4, 2013
Federal Reserve Banks Sep 4, 2013 Aug 28, 2013 Sep 5, 2012

Reserve Bank credit 3,607,114 + 5,450 + 836,352 3,610,850
Securities held outright (1) 3,386,037 + 6,117 + 811,547 3,390,398
U.S. Treasury securities 2,028,955 + 12,925 + 385,361 2,033,290
Bills (2) 0 0 0 0
Notes and bonds, nominal (2) 1,929,933 + 12,883 + 366,726 1,934,262
Notes and bonds, inflation-indexed (2) 85,819 0 + 15,384 85,819
Inflation compensation (3) 13,203 + 42 + 3,251 13,209
Federal agency debt securities (2) 65,713 0 - 21,497 65,713
Mortgage-backed securities (4) 1,291,369 - 6,808 + 447,682 1,291,395
Unamortized premiums on securities held outright (5) 203,428 - 343 + 53,207 203,308
Unamortized discounts on securities held outright (5) -5,237 - 652 - 3,408 -5,365
Repurchase agreements (6) 0 0 0 0
Loans 270 - 7 - 2,165 277
Primary credit 17 - 4 - 134 28
Secondary credit 0 0 0 0
Seasonal credit 150 - 4 + 17 148
Term Asset-Backed Securities Loan Facility (7) 102 0 - 2,050 102
Other credit extensions 0 0 0 0
Net portfolio holdings of Maiden Lane LLC (8) 1,492 + 1 - 419 1,492
Net portfolio holdings of Maiden Lane II LLC (9) 64 0 + 3 64
Net portfolio holdings of Maiden Lane III LLC (10) 22 0 - 1,563 22
Net portfolio holdings of TALF LLC (11) 195 0 - 656 195
Float -669 - 66 + 22 -1,281
Central bank liquidity swaps (12) 317 - 4 - 23,125 317
Other Federal Reserve assets (13) 21,197 + 406 + 2,912 21,422
Foreign currency denominated assets (14) 23,797 - 178 - 1,624 23,673
Gold stock 11,041 0 0 11,041
Special drawing rights certificate account 5,200 0 0 5,200
Treasury currency outstanding (15) 45,273 + 14 + 681 45,273

Total factors supplying reserve funds 3,692,425 + 5,286 + 835,408 3,696,038

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 Sep 4, 2013
Federal Reserve Banks Sep 4, 2013 Aug 28, 2013 Sep 5, 2012

Currency in circulation (15) 1,208,235 + 8,289 + 80,437 1,209,852
Reverse repurchase agreements (16) 93,987 + 2,261 + 1,042 92,711
Foreign official and international accounts 93,987 + 2,261 + 1,042 92,711
Others 0 0 0 0
Treasury cash holdings 140 - 5 + 22 141
Deposits with F.R. Banks, other than reserve balances 59,874 - 49,419 + 6,494 56,263
Term deposits held by depository institutions 0 0 0 0
U.S. Treasury, General Account 32,432 - 4,866 + 2,384 36,359
Foreign official 10,381 - 3 + 5,247 10,380
Other 17,062 - 44,548 - 1,136 9,524
Other liabilities and capital (17) 63,602 + 54 - 1,008 62,873

Total factors, other than reserve balances,
absorbing reserve funds 1,425,839 - 38,819 + 86,987 1,421,840

Reserve balances with Federal Reserve Banks 2,266,587 + 44,106 + 748,422 2,274,198

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 Sep 4, 2013
Sep 4, 2013 Aug 28, 2013 Sep 5, 2012

Securities held in custody for foreign official and
international accounts 3,279,323 - 4,019 + 109,305 3,282,468
Marketable U.S. Treasury securities (1) 2,925,796 - 3,589 + 128,533 2,929,521
Federal agency debt and mortgage-backed securities (2) 315,536 - 808 - 18,560 315,111
Other securities (3) 37,991 + 378 - 668 37,836
Securities lent to dealers 14,373 + 967 + 9,166 13,250
Overnight facility (4) 14,373 + 967 + 9,166 13,250
U.S. Treasury securities 13,487 + 940 + 8,921 12,459
Federal agency debt securities 886 + 27 + 245 791

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, September 4, 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) 79 96 29 73 0 ... 277
U.S. Treasury securities (2)
Holdings 0 5 385 646,497 864,316 522,087 2,033,290
Weekly changes - 1 + 1 + 3 + 18,934 - 10,842 + 1,586 + 9,680
Federal agency debt securities (3)
Holdings 2,061 5,280 16,810 39,153 62 2,347 65,713
Weekly changes + 564 - 564 0 0 0 0 0
Mortgage-backed securities (4)
Holdings 0 0 0 2 2,599 1,288,793 1,291,395
Weekly changes 0 0 0 + 1 + 1 + 52 + 54
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) 159 158 0 0 0 0 317

Reverse repurchase agreements (6) 92,711 0 ... ... ... ... 92,711
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
Account name Wednesday
Sep 4, 2013

Mortgage-backed securities held outright (1) 1,291,395

Commitments to buy mortgage-backed securities (2) 94,264
Commitments to sell mortgage-backed securities (2) 0

Cash and cash equivalents (3) 20

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
Sep 4, 2013

Net portfolio holdings of Maiden Lane LLC (1) 1,492

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
Sep 4, 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
Sep 4, 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
Sep 4, 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 Sep 4, 2013 Wednesday Wednesday
consolidation Aug 28, 2013 Sep 5, 2012

Assets
Gold certificate account 11,037 0 0
Special drawing rights certificate account 5,200 0 0
Coin 1,983 - 9 - 152
Securities, unamortized premiums and discounts,
repurchase agreements, and loans 3,588,619 + 9,060 + 857,506
Securities held outright (1) 3,390,398 + 9,734 + 810,617
U.S. Treasury securities 2,033,290 + 9,680 + 384,428
Bills (2) 0 0 0
Notes and bonds, nominal (2) 1,934,262 + 9,653 + 365,770
Notes and bonds, inflation-indexed (2) 85,819 0 + 15,384
Inflation compensation (3) 13,209 + 28 + 3,274
Federal agency debt securities (2) 65,713 0 - 21,497
Mortgage-backed securities (4) 1,291,395 + 54 + 447,685
Unamortized premiums on securities held outright
(5) 203,308 - 201 + 52,654
Unamortized discounts on securities held outright
(5) -5,365 - 466 - 3,546
Repurchase agreements (6) 0 0 0
Loans 277 - 8 - 2,220
Net portfolio holdings of Maiden Lane LLC (7) 1,492 + 1 - 423
Net portfolio holdings of Maiden Lane II LLC (8) 64 0 + 3
Net portfolio holdings of Maiden Lane III LLC (9) 22 0 - 1,563
Net portfolio holdings of TALF LLC (10) 195 0 - 656
Items in process of collection (0) 157 + 71 - 49
Bank premises 2,283 - 8 - 66
Central bank liquidity swaps (11) 317 - 4 - 23,125
Foreign currency denominated assets (12) 23,673 - 309 - 1,774
Other assets (13) 19,139 + 922 + 2,313

Total assets (0) 3,654,182 + 9,726 + 832,013

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 Sep 4, 2013 Wednesday Wednesday
consolidation Aug 28, 2013 Sep 5, 2012

Liabilities
Federal Reserve notes, net of F.R. Bank holdings 1,166,699 + 6,189 + 80,093
Reverse repurchase agreements (14) 92,711 + 2,187 + 2,863
Deposits (0) 2,330,460 + 1,097 + 750,103
Term deposits held by depository institutions 0 0 0
Other deposits held by depository institutions 2,274,198 + 9,623 + 745,815
U.S. Treasury, General Account 36,359 + 11,295 + 9,798
Foreign official 10,380 - 2 + 5,296
Other (0) 9,524 - 19,819 - 10,805
Deferred availability cash items (0) 1,438 + 716 + 66
Other liabilities and accrued dividends (15) 7,986 - 398 - 1,365

Total liabilities (0) 3,599,295 + 9,792 + 831,761

Capital accounts
Capital paid in 27,444 - 33 + 127
Surplus 27,444 - 33 + 127
Other capital accounts 0 0 0

Total capital 54,887 - 66 + 252

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, September 4, 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 1,983 34 88 125 136 342 198 288 28 47 160 192 346
Securities, unamortized premiums and
discounts, repurchase agreements,
and loans 3,588,619 93,832 1,989,984 103,976 91,643 223,126 238,392 193,922 57,774 34,097 67,909 139,356 354,610
Securities held outright (1) 3,390,398 88,656 1,880,115 98,234 86,587 210,818 225,220 183,205 54,553 32,172 64,143 131,658 335,039
U.S. Treasury securities 2,033,290 53,169 1,127,543 58,913 51,928 126,432 135,069 109,872 32,716 19,294 38,468 78,958 200,930
Bills (2) 0 0 0 0 0 0 0 0 0 0 0 0 0
Notes and bonds (3) 2,033,290 53,169 1,127,543 58,913 51,928 126,432 135,069 109,872 32,716 19,294 38,468 78,958 200,930
Federal agency debt securities (2) 65,713 1,718 36,441 1,904 1,678 4,086 4,365 3,551 1,057 624 1,243 2,552 6,494
Mortgage-backed securities (4) 1,291,395 33,769 716,131 37,417 32,981 80,300 85,786 69,782 20,779 12,254 24,432 50,148 127,616
Unamortized premiums on securities held
outright (5) 203,308 5,316 112,743 5,891 5,192 12,642 13,505 10,986 3,271 1,929 3,846 7,895 20,091
Unamortized discounts on securities
held outright (5) -5,365 -140 -2,975 -155 -137 -334 -356 -290 -86 -51 -101 -208 -530
Repurchase agreements (6) 0 0 0 0 0 0 0 0 0 0 0 0 0
Loans 277 0 102 7 0 0 23 20 36 46 21 12 10
Net portfolio holdings of Maiden
Lane LLC (7) 1,492 0 1,492 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 157 0 0 0 0 0 156 0 0 1 0 0 0
Bank premises 2,283 118 426 72 112 229 212 201 127 100 249 233 204
Central bank liquidity swaps (11) 317 16 101 25 25 67 18 9 3 1 3 5 45
Foreign currency denominated assets (12) 23,673 1,163 7,570 1,831 1,846 4,971 1,348 675 197 99 239 376 3,357
Other assets (13) 19,139 532 10,218 588 497 1,372 1,296 1,035 340 242 382 766 1,870
Interdistrict settlement account 0 - 26,389 + 224,270 - 25,477 - 15,544 - 6,856 - 39,006 - 52,691 - 13,996 - 14,043 - 22,803 - 31,212 + 23,747

Total assets 3,654,182 69,892 2,240,174 81,747 79,463 224,519 204,689 144,655 44,933 20,824 46,601 110,726 385,959

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, September 4, 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 1,493,232 47,234 550,774 45,363 62,257 112,877 184,116 96,764 37,573 23,565 39,594 121,082 172,033
Less: Notes held by F.R. Banks 326,533 12,742 93,280 8,984 9,698 14,690 34,703 23,446 4,831 10,991 13,382 60,669 39,118
Federal Reserve notes, net 1,166,699 34,492 457,493 36,379 52,559 98,188 149,413 73,318 32,742 12,575 26,212 60,414 132,915
Reverse repurchase agreements (14) 92,711 2,424 51,412 2,686 2,368 5,765 6,159 5,010 1,492 880 1,754 3,600 9,162
Deposits 2,330,460 30,160 1,709,477 38,234 19,941 108,526 44,056 64,388 10,050 6,887 17,903 45,478 235,360
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 2,274,198 30,156 1,653,606 38,197 19,937 108,231 44,044 64,364 10,050 6,887 17,902 45,477 235,348
U.S. Treasury, General Account 36,359 0 36,359 0 0 0 0 0 0 0 0 0 0
Foreign official 10,380 2 10,353 3 3 8 2 1 0 0 0 1 6
Other 9,524 3 9,160 34 0 286 10 22 0 0 1 1 7
Deferred availability cash items 1,438 0 0 0 0 0 1,340 0 0 99 0 0 0
Interest on Federal Reserve notes due
to U.S. Treasury (15) 1,444 28 896 43 15 35 104 83 24 13 28 63 113
Other liabilities and accrued
dividends (16) 6,542 190 3,421 226 228 575 417 343 161 138 141 250 452

Total liabilities 3,599,295 67,294 2,222,700 77,569 75,111 213,087 201,488 143,141 44,469 20,591 46,038 109,805 378,002

Capital
Capital paid in 27,444 1,299 8,737 2,089 2,176 5,716 1,600 757 232 117 281 461 3,979
Surplus 27,444 1,299 8,737 2,089 2,176 5,716 1,600 757 232 117 281 461 3,979
Other capital 0 0 0 0 0 0 0 0 0 0 0 0 0

Total liabilities and capital 3,654,182 69,892 2,240,174 81,747 79,463 224,519 204,689 144,655 44,933 20,824 46,601 110,726 385,959

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, September 4, 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
Sep 4, 2013

Federal Reserve notes outstanding 1,493,232
Less: Notes held by F.R. Banks not subject to collateralization 326,533
Federal Reserve notes to be collateralized 1,166,699
Collateral held against Federal Reserve notes 1,166,699
Gold certificate account 11,037
Special drawing rights certificate account 5,200
U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2) 1,150,462
Other assets pledged 0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2) 3,390,398
Less: Face value of securities under reverse repurchase agreements 84,966
U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 3,305,432

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