FRB: H.4.1 Release--Factors Affecting Reserve Balances--January 30, 2014

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

For release at
4:30 P.M. EST
January 30, 2014

The weekly average values, shown in table 1, reflect the December 31, 2013, 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 September 30, 2013, and the amounts for the
last day of the reporting week are based on the values as of December 31, 2013.

FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks January 30, 2014

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 Jan 29, 2014
Federal Reserve Banks Jan 29, 2014 Jan 22, 2014 Jan 30, 2013

Reserve Bank credit 4,058,606 + 13,490 +1,096,039 4,059,312
Securities held outright (1) 3,828,903 + 12,951 +1,082,048 3,830,311
U.S. Treasury securities 2,237,617 + 9,571 + 534,118 2,243,176
Bills (2) 0 0 0 0
Notes and bonds, nominal (2) 2,131,637 + 9,617 + 514,951 2,137,215
Notes and bonds, inflation-indexed (2) 92,615 0 + 16,485 92,615
Inflation compensation (3) 13,364 - 46 + 2,681 13,346
Federal agency debt securities (2) 54,911 0 - 20,200 54,911
Mortgage-backed securities (4) 1,536,375 + 3,380 + 568,130 1,532,224
Unamortized premiums on securities held outright (5) 208,985 - 74 + 31,754 208,782
Unamortized discounts on securities held outright (5) -13,839 - 511 - 12,199 -14,086
Repurchase agreements (6) 0 0 0 0
Loans 131 + 11 - 424 127
Primary credit 17 + 11 + 12 13
Secondary credit 0 0 0 0
Seasonal credit 18 + 1 + 15 18
Term Asset-Backed Securities Loan Facility (7) 96 - 1 - 451 96
Other credit extensions 0 0 0 0
Net portfolio holdings of Maiden Lane LLC (8) 1,550 + 7 + 135 1,579
Net portfolio holdings of Maiden Lane II LLC (9) 63 0 + 2 63
Net portfolio holdings of Maiden Lane III LLC (10) 22 0 0 22
Net portfolio holdings of TALF LLC (11) 108 + 1 - 749 108
Float -506 + 66 - 2,744 -464
Central bank liquidity swaps (12) 261 + 1 - 7,769 261
Other Federal Reserve assets (13) 32,929 + 1,039 + 5,985 32,610
Foreign currency denominated assets (14) 23,939 + 275 - 855 23,961
Gold stock 11,041 0 0 11,041
Special drawing rights certificate account 5,200 0 0 5,200
Treasury currency outstanding (15) 45,595 + 14 + 764 45,595

Total factors supplying reserve funds 4,144,381 + 13,779 +1,095,948 4,145,109

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 Jan 29, 2014
Federal Reserve Banks Jan 29, 2014 Jan 22, 2014 Jan 30, 2013

Currency in circulation (15) 1,224,845 - 1,423 + 70,023 1,226,462
Reverse repurchase agreements (16) 183,860 - 428 + 90,941 195,428
Foreign official and international accounts 101,447 - 6,267 + 8,528 101,152
Others 82,413 + 5,838 + 82,413 94,276
Treasury cash holdings 261 + 6 + 77 260
Deposits with F.R. Banks, other than reserve balances 152,719 + 19,442 + 48,877 134,529
Term deposits held by depository institutions 12,822 0 + 9,786 12,822
U.S. Treasury, General Account 89,337 + 11,539 + 18,210 95,632
Foreign official 8,050 0 + 618 8,062
Other 42,510 + 7,904 + 20,264 18,013
Other liabilities and capital (17) 63,499 - 124 - 436 62,656

Total factors, other than reserve balances,
absorbing reserve funds 1,625,183 + 17,471 + 209,481 1,619,336

Reserve balances with Federal Reserve Banks 2,519,198 - 3,692 + 886,466 2,525,773

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. The current face value shown is the
remaining principal balance of the securities.
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 Jan 29, 2014
Jan 29, 2014 Jan 22, 2014 Jan 30, 2013

Securities held in custody for foreign official and
international accounts 3,334,528 - 10,151 + 79,637 3,324,824
Marketable U.S. Treasury securities (1) 2,982,885 - 11,264 + 70,726 2,973,468
Federal agency debt and mortgage-backed securities (2) 307,365 + 846 + 1,426 306,816
Other securities (3) 44,278 + 268 + 7,484 44,540
Securities lent to dealers 11,574 + 349 - 5,052 10,588
Overnight facility (4) 11,574 + 349 - 5,052 10,588
U.S. Treasury securities 10,457 + 187 - 5,484 9,469
Federal agency debt securities 1,117 + 161 + 432 1,119

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 securities.
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, January 29, 2014

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) 31 0 64 33 0 ... 127
U.S. Treasury securities (2)
Holdings 1 298 176 767,709 883,213 591,779 2,243,176
Weekly changes 0 0 0 - 7 + 9,089 + 2,664 + 11,746
Federal agency debt securities (3)
Holdings 3,500 6,446 7,377 35,179 62 2,347 54,911
Weekly changes 0 + 1,629 - 1,629 0 0 0 0
Mortgage-backed securities (4)
Holdings 0 0 0 5 2,675 1,529,543 1,532,224
Weekly changes 0 0 0 0 - 41 - 7,203 - 7,243
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) 133 128 0 0 0 0 261

Reverse repurchase agreements (6) 195,428 0 ... ... ... ... 195,428
Term deposits 12,822 0 0 ... ... ... 12,822

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. The current face value shown is the
remaining principal balance of the securities.
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
Jan 29, 2014

Mortgage-backed securities held outright (1) 1,532,224

Commitments to buy mortgage-backed securities (2) 52,268
Commitments to sell mortgage-backed securities (2) 29

Cash and cash equivalents (3) 16

1. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the
remaining principal balance of the securities.
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
Jan 29, 2014

Net portfolio holdings of Maiden Lane LLC (1) 1,579

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 December 31, 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
Jan 29, 2014

Net portfolio holdings of Maiden Lane II LLC (1) 63

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 December 31, 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
Jan 29, 2014

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
Jan 29, 2014

Asset-backed securities holdings (1) 0
Other investments, net 108
Net portfolio holdings of TALF LLC 108

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 Jan 29, 2014 Wednesday Wednesday
consolidation Jan 22, 2014 Jan 30, 2013

Assets
Gold certificate account 11,037 0 0
Special drawing rights certificate account 5,200 0 0
Coin 2,019 + 19 - 177
Securities, unamortized premiums and discounts,
repurchase agreements, and loans 4,025,133 + 3,500 +1,097,717
Securities held outright (1) 3,830,311 + 4,503 +1,079,359
U.S. Treasury securities 2,243,176 + 11,746 + 533,118
Bills (2) 0 0 0
Notes and bonds, nominal (2) 2,137,215 + 11,795 + 513,936
Notes and bonds, inflation-indexed (2) 92,615 0 + 16,485
Inflation compensation (3) 13,346 - 49 + 2,697
Federal agency debt securities (2) 54,911 0 - 20,200
Mortgage-backed securities (4) 1,532,224 - 7,243 + 566,440
Unamortized premiums on securities held outright
(5) 208,782 - 443 + 31,231
Unamortized discounts on securities held outright
(5) -14,086 - 565 - 12,420
Repurchase agreements (6) 0 0 0
Loans 127 + 6 - 452
Net portfolio holdings of Maiden Lane LLC (7) 1,579 + 33 + 179
Net portfolio holdings of Maiden Lane II LLC (8) 63 0 + 2
Net portfolio holdings of Maiden Lane III LLC (9) 22 0 0
Net portfolio holdings of TALF LLC (10) 108 0 - 749
Items in process of collection (0) 144 - 56 + 27
Bank premises 2,286 0 - 49
Central bank liquidity swaps (11) 261 + 1 - 7,769
Foreign currency denominated assets (12) 23,961 + 318 - 912
Other assets (13) 30,326 + 409 + 5,166

Total assets (0) 4,102,138 + 4,224 +1,093,434

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 Jan 29, 2014 Wednesday Wednesday
consolidation Jan 22, 2014 Jan 30, 2013

Liabilities
Federal Reserve notes, net of F.R. Bank holdings 1,183,141 + 469 + 69,282
Reverse repurchase agreements (14) 195,428 - 6,526 + 96,996
Deposits (0) 2,660,304 + 10,906 + 927,741
Term deposits held by depository institutions 12,822 0 + 9,786
Other deposits held by depository institutions 2,525,775 + 31,044 + 880,781
U.S. Treasury, General Account 95,632 - 1,092 + 24,327
Foreign official 8,062 + 2 + 629
Other (0) 18,013 - 19,048 + 12,219
Deferred availability cash items (0) 609 - 515 - 201
Other liabilities and accrued dividends (15) 7,623 - 111 - 629

Total liabilities (0) 4,047,106 + 4,223 +1,093,190

Capital accounts
Capital paid in 27,516 + 1 + 122
Surplus 27,516 + 1 + 122
Other capital accounts 0 0 0

Total capital 55,033 + 2 + 245

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. The current face value shown is the
remaining principal balance of the securities.
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, January 29, 2014
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 2,019 36 89 126 132 345 240 289 22 52 157 191 340
Securities, unamortized premiums and
discounts, repurchase agreements,
and loans 4,025,133 105,254 2,232,127 116,622 102,795 250,278 267,380 217,500 64,764 38,207 76,154 156,301 397,751
Securities held outright (1) 3,830,311 100,159 2,124,064 110,980 97,822 238,172 254,442 206,976 61,631 36,347 72,465 148,740 378,511
U.S. Treasury securities 2,243,176 58,657 1,243,933 64,994 57,288 139,483 149,011 121,213 36,093 21,286 42,438 87,108 221,671
Bills (2) 0 0 0 0 0 0 0 0 0 0 0 0 0
Notes and bonds (3) 2,243,176 58,657 1,243,933 64,994 57,288 139,483 149,011 121,213 36,093 21,286 42,438 87,108 221,671
Federal agency debt securities (2) 54,911 1,436 30,450 1,591 1,402 3,414 3,648 2,967 884 521 1,039 2,132 5,426
Mortgage-backed securities (4) 1,532,224 40,066 849,681 44,395 39,131 95,275 101,784 82,796 24,654 14,540 28,988 59,500 151,414
Unamortized premiums on securities held
outright (5) 208,782 5,459 115,778 6,049 5,332 12,982 13,869 11,282 3,359 1,981 3,950 8,108 20,632
Unamortized discounts on securities
held outright (5) -14,086 -368 -7,811 -408 -360 -876 -936 -761 -227 -134 -266 -547 -1,392
Repurchase agreements (6) 0 0 0 0 0 0 0 0 0 0 0 0 0
Loans 127 4 96 0 0 0 4 3 1 13 5 0 0
Net portfolio holdings of Maiden
Lane LLC (7) 1,579 0 1,579 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane II LLC (8) 63 0 63 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) 108 0 108 0 0 0 0 0 0 0 0 0 0
Items in process of collection 144 0 0 0 0 0 144 0 0 0 0 0 0
Bank premises 2,286 124 431 72 110 227 211 202 127 99 247 231 204
Central bank liquidity swaps (11) 261 13 83 20 20 55 15 7 2 1 3 4 37
Foreign currency denominated assets (12) 23,961 1,177 7,661 1,853 1,869 5,031 1,365 683 200 100 242 380 3,398
Other assets (13) 30,326 834 16,322 886 786 2,059 2,023 1,627 551 352 595 1,315 2,975
Interdistrict settlement account 0 - 28,807 + 343,295 - 19,658 - 22,374 - 42,908 - 68,804 - 73,478 - 22,090 - 17,593 - 29,264 - 44,608 + 26,288

Total assets 4,102,138 79,218 2,607,523 100,529 84,087 216,356 204,649 148,048 44,035 21,500 48,595 114,824 432,774

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, January 29, 2014 (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 1,386,486 44,675 508,556 41,556 59,424 103,613 167,500 87,918 34,560 20,973 36,456 119,700 161,556
Less: Notes held by F.R. Banks 203,345 6,011 36,692 5,766 6,417 9,356 18,788 14,122 3,798 8,598 10,526 53,778 29,494
Federal Reserve notes, net 1,183,141 38,664 471,864 35,790 53,007 94,257 148,711 73,795 30,762 12,375 25,931 65,922 132,062
Reverse repurchase agreements (14) 195,428 5,110 108,373 5,662 4,991 12,152 12,982 10,560 3,144 1,854 3,697 7,589 19,312
Deposits 2,660,304 32,727 2,005,366 54,691 21,471 97,827 38,838 61,813 9,505 6,794 18,225 40,142 272,905
Term deposits held by depository
institutions 12,822 0 9,801 0 0 20 480 1,356 30 85 90 105 855
Other deposits held by depository
institutions 2,525,775 32,725 1,873,975 54,668 21,468 97,755 38,346 60,448 9,475 6,708 18,133 40,031 272,043
U.S. Treasury, General Account 95,632 0 95,632 0 0 0 0 0 0 0 0 0 0
Foreign official 8,062 2 8,035 3 3 8 2 1 0 0 0 1 6
Other 18,013 1 17,923 20 0 43 10 9 0 0 1 6 1
Deferred availability cash items 609 0 0 0 0 0 491 0 0 118 0 0 0
Interest on Federal Reserve notes due
to U.S. Treasury (15) 1,981 61 1,018 74 69 170 137 93 31 15 23 76 213
Other liabilities and accrued
dividends (16) 5,642 153 3,212 175 174 477 324 266 122 110 133 179 317

Total liabilities 4,047,106 76,716 2,589,833 96,392 79,712 204,883 201,484 146,528 43,565 21,266 48,009 113,908 424,809

Capital
Capital paid in 27,516 1,251 8,845 2,068 2,188 5,737 1,582 760 235 117 293 458 3,982
Surplus 27,516 1,251 8,845 2,068 2,188 5,737 1,582 760 235 117 293 458 3,982
Other capital 0 0 0 0 0 0 0 0 0 0 0 0 0

Total liabilities and capital 4,102,138 79,218 2,607,523 100,529 84,087 216,356 204,649 148,048 44,035 21,500 48,595 114,824 432,774

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, January 29, 2014 (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. The current face value shown is the remaining principal balance of the securities.
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
Jan 29, 2014

Federal Reserve notes outstanding 1,386,486
Less: Notes held by F.R. Banks not subject to collateralization 203,345
Federal Reserve notes to be collateralized 1,183,141
Collateral held against Federal Reserve notes 1,183,141
Gold certificate account 11,037
Special drawing rights certificate account 5,200
U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2) 1,166,904
Other assets pledged 0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2) 3,830,311
Less: Face value of securities under reverse repurchase agreements 189,836
U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 3,640,474

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