FRB: H.4.1 Release--Factors Affecting Reserve Balances--February 14, 2013

FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks February 14, 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 Feb 13, 2013
Federal Reserve Banks Feb 13, 2013 Feb 6, 2013 Feb 15, 2012

Reserve Bank credit 3,017,744 + 26,103 + 99,721 3,056,203
Securities held outright (1) 2,776,889 + 23,046 + 171,724 2,812,756
U.S. Treasury securities 1,723,601 + 10,734 + 63,618 1,728,477
Bills (2) 0 0 - 18,423 0
Notes and bonds, nominal (2) 1,636,313 + 10,183 + 71,831 1,640,398
Notes and bonds, inflation-indexed (2) 76,716 + 586 + 8,750 77,499
Inflation compensation (3) 10,572 - 35 + 1,460 10,581
Federal agency debt securities (2) 74,969 - 142 - 26,529 74,613
Mortgage-backed securities (4) 978,320 + 12,455 + 134,636 1,009,666
Repurchase agreements (5) 0 0 0 0
Loans 487 - 36 - 7,550 449
Primary credit 7 - 12 0 9
Secondary credit 0 0 0 0
Seasonal credit 1 + 1 + 1 1
Term Asset-Backed Securities Loan Facility (6) 480 - 24 - 7,550 439
Other credit extensions 0 0 0 0
Net portfolio holdings of Maiden Lane LLC (7) 1,404 + 2 - 5,438 1,401
Net portfolio holdings of Maiden Lane II LLC (8) 61 0 - 6,651 61
Net portfolio holdings of Maiden Lane III LLC (9) 22 0 - 17,757 22
Net portfolio holdings of TALF LLC (10) 507 - 300 - 312 507
Float -614 + 60 + 343 -671
Central bank liquidity swaps (11) 5,193 + 1 - 103,895 5,193
Other Federal Reserve assets (12) 233,794 + 3,328 + 69,255 236,486
Gold stock 11,041 0 0 11,041
Special drawing rights certificate account 5,200 0 0 5,200
Treasury currency outstanding (13) 44,835 + 14 + 589 44,835

Total factors supplying reserve funds 3,078,820 + 26,117 + 100,310 3,117,279

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 Feb 13, 2013
Federal Reserve Banks Feb 13, 2013 Feb 6, 2013 Feb 15, 2012

Currency in circulation (13) 1,162,396 + 4,793 + 80,765 1,165,418
Reverse repurchase agreements (14) 86,461 + 311 - 2,363 89,055
Foreign official and international accounts 86,461 + 311 - 2,363 89,055
Others 0 0 0 0
Treasury cash holdings 194 + 3 + 45 197
Deposits with F.R. Banks, other than reserve balances 79,112 - 9,968 - 19,117 98,729
Term deposits held by depository institutions 3,036 0 + 3,036 3,036
U.S. Treasury, General Account 34,908 - 29,371 - 23,141 42,358
Foreign official 8,246 + 512 + 8,099 8,248
Service-related 0 0 - 1,970 0
Required clearing balances 0 0 - 1,970 0
Adjustments to compensate for float 0 0 0 0
Other 32,922 + 18,891 - 5,142 45,087
Other liabilities and capital (15) 67,353 + 2,004 - 8,151 67,199

Total factors, other than reserve balances,
absorbing reserve funds 1,395,516 - 2,856 + 51,178 1,420,599

Reserve balances with Federal Reserve Banks 1,683,304 + 28,973 + 49,132 1,696,681

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

1. Includes securities lent to dealers under the overnight securities lending facility; refer to table
1A.
2. Face value of the securities.
3. Compensation that adjusts for the effect of inflation on the original face value of
inflation-indexed securities.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which
is the remaining principal balance of the underlying mortgages.
5. Cash value of agreements.
6. Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the
Term Asset-Backed Securities Loan Facility.
7. Refer to table 4 and the note on consolidation accompanying table 9.
8. Refer to table 5 and the note on consolidation accompanying table 9.
9. Refer to table 6 and the note on consolidation accompanying table 9.
10. Refer to table 7 and the note on consolidation accompanying table 9.
11. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used
when the foreign currency is returned to the foreign central bank. This exchange rate equals the
market exchange rate used when the foreign currency was acquired from the foreign central bank.
12. Includes other assets denominated in foreign currencies, which are revalued daily at market
exchange rates, and the fair value adjustment to credit extended by the FRBNY to eligible borrowers through
the Term Asset-Backed Securities Loan Facility.
13. Estimated.
14. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt
securities, and mortgage-backed securities.
15. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC
to entities other than the Federal Reserve Bank of New York, including liabilities that have recourse
only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on
consolidation accompanying table 9. Also includes the liability for interest on Federal Reserve notes due
to U.S. Treasury. Refer to table 8 and table 9.

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.

1A. Memorandum Items
Millions of dollars
Memorandum item Averages of daily figures Wednesday
Week ended Change from week ended Feb 13, 2013
Feb 13, 2013 Feb 6, 2013 Feb 15, 2012

Securities held in custody for foreign official and
international accounts 3,299,903 + 17,872 + 227,400 3,297,346
Marketable U.S. Treasury securities (1) 2,957,904 + 18,355 + 320,064 2,955,421
Federal agency debt and mortgage-backed securities (2) 305,100 - 476 - 92,217 304,970
Other securities (3) 36,898 - 8 - 448 36,954
Securities lent to dealers 17,910 + 686 + 2,453 17,223
Overnight facility (4) 17,910 + 686 + 2,453 17,223
U.S. Treasury securities 17,237 + 652 + 2,792 16,415
Federal agency debt securities 672 + 33 - 341 808

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, February 13, 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) 9 47 0 393 0 ... 449
U.S. Treasury securities (2)
Holdings 3 3 15 400,297 881,896 446,263 1,728,477
Weekly changes + 2 - 1 0 - 8 + 6,940 + 4,364 + 11,295
Federal agency debt securities (3)
Holdings 1,025 1,535 20,642 47,020 2,044 2,347 74,613
Weekly changes + 527 - 1,025 0 0 0 0 - 498
Mortgage-backed securities (4)
Holdings 0 0 2 1 2,514 1,007,149 1,009,666
Weekly changes 0 0 0 0 0 + 43,783 + 43,783
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) 4,028 1,165 0 0 0 0 5,193

Reverse repurchase agreements (6) 89,055 0 ... ... ... ... 89,055
Term deposits 3,036 0 0 ... ... ... 3,036

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
Feb 13, 2013

Mortgage-backed securities held outright (1) 1,009,666

Commitments to buy mortgage-backed securities (2) 109,414
Commitments to sell mortgage-backed securities (2) 0

Cash and cash equivalents (3) 16

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
Feb 13, 2013

Net portfolio holdings of Maiden Lane LLC (1) 1,401

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, 2012. Any assets purchased after this
valuation date are initially recorded at cost until their estimated fair value as of the purchase date
becomes available.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's
statement of condition consistent with consolidation under generally accepted accounting principles. Refer
to the note on consolidation accompanying table 9.
3. Book value. The fair value of these obligations is included in other liabilities and capital in
table 1 and in other liabilities and accrued dividends in table 8 and table 9.

Note: On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC
under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to
acquire certain assets of Bear Stearns and to manage those assets through time to maximize repayment of the credit
extended and to minimize disruption to financial markets. Payments by Maiden Lane LLC from the proceeds of
the net portfolio holdings will be made in the following order: operating expenses of the LLC, principal due to
the FRBNY, interest due to the FRBNY, principal due to JPMorgan Chase & Co., and interest due to JPMorgan
Chase & Co. Any remaining funds will be paid to the FRBNY.

5. Information on Principal Accounts of Maiden Lane II LLC
Millions of dollars
Account name Wednesday
Feb 13, 2013

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

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2) 0
Accrued interest payable to the Federal Reserve Bank of New York (2) 0
Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc. (3) 0

1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an
asset if the transaction were to be conducted in an orderly market on the measurement date. Revalued
quarterly. This table reflects valuations as of December 31, 2012. Any assets purchased after this
valuation date are initially recorded at cost until their estimated fair value as of the purchase date
becomes available.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's
statement of condition consistent with consolidation under generally accepted accounting principles. Refer
to the note on consolidation accompanying table 9.
3. Book value. The deferred payment represents the portion of the proceeds of the net portfolio
holdings due to subsidiaries of American International Group, Inc. in accordance with the asset purchase
agreement. The fair value of this payment and accrued interest payable are included in other
liabilities and capital in table 1 and in other liabilities and accrued dividends in table 8 and table 9.

Note: On December 12, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden
Lane II LLC under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was
formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment
portfolio of subsidiaries of American International Group, Inc. (AIG subsidiaries). Payments by Maiden Lane II LLC
from the proceeds of the net portfolio holdings will be made in the following order: operating expenses of
Maiden Lane II LLC, principal due to the FRBNY, interest due to the FRBNY, and deferred payment and interest due
to AIG subsidiaries. Any remaining funds will be shared by the FRBNY and AIG subsidiaries.

6. Information on Principal Accounts of Maiden Lane III LLC
Millions of dollars
Account name Wednesday
Feb 13, 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
Feb 13, 2013

Asset-backed securities holdings (1) 0
Other investments, net 507
Net portfolio holdings of TALF LLC 507

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) extends loans with a term of up to five years to
holders of eligible asset-backed securities. The TALF is intended to assist financial markets in accommodating the
credit needs of consumers and businesses by facilitating the issuance of asset-backed securities collateralized
by a variety of consumer and business loans. The loans provided through the TALF to eligible borrowers are
non-recourse, meaning that the obligation of the borrower can be discharged by surrendering the collateral to
the FRBNY. The loans are extended for the market value of the security less an amount known as a haircut. As a
result, the borrower bears the initial risk of a decline in the value of the security.

TALF LLC is a limited liability company formed to purchase and manage any asset-backed securities received
by the FRBNY in connection with the decision of a borrower not to repay a TALF loan. TALF LLC has committed,
for a fee, to purchase all asset-backed securities received by the FRBNY in conjunction with a TALF loan at a
price equal to the TALF loan plus accrued but unpaid interest. Losses on asset-backed securities held by TALF
LLC will be offset in the following order: by the commitment fees collected by TALF LLC then by the interest
received on investments of TALF LLC. Payments by TALF LLC from the proceeds of its net portfolio holdings will be
made in the following order: operating expenses of TALF LLC, principal due to the FRBNY, principal due to the
U.S. Treasury, interest due to the FRBNY, and interest due to the U.S. Treasury. Any remaining funds will be
shared by the FRBNY and the U.S. Treasury.

8. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Assets, liabilities, and capital Eliminations Wednesday Change since
from Feb 13, 2013 Wednesday Wednesday
consolidation Feb 6, 2013 Feb 15, 2012

Assets
Gold certificate account 11,037 0 0
Special drawing rights certificate account 5,200 0 0
Coin 2,224 + 10 - 205
Securities, repurchase agreements, and loans 2,813,205 + 54,520 + 188,835
Securities held outright (1) 2,812,756 + 54,580 + 196,381
U.S. Treasury securities 1,728,477 + 11,295 + 61,406
Bills (2) 0 0 - 18,423
Notes and bonds, nominal (2) 1,640,398 + 9,931 + 69,669
Notes and bonds, inflation-indexed (2) 77,499 + 1,369 + 8,739
Inflation compensation (3) 10,581 - 4 + 1,422
Federal agency debt securities (2) 74,613 - 498 - 26,885
Mortgage-backed securities (4) 1,009,666 + 43,783 + 161,860
Repurchase agreements (5) 0 0 0
Loans 449 - 61 - 7,546
Net portfolio holdings of Maiden Lane LLC (6) 1,401 - 4 - 5,073
Net portfolio holdings of Maiden Lane II LLC (7) 61 0 - 6,653
Net portfolio holdings of Maiden Lane III LLC (8) 22 0 - 17,572
Net portfolio holdings of TALF LLC (9) 507 0 - 312
Items in process of collection (0) 566 - 44 + 541
Bank premises 2,307 + 1 + 130
Central bank liquidity swaps (10) 5,193 + 1 - 103,895
Other assets (11) 234,179 + 4,767 + 79,863

Total assets (0) 3,075,901 + 59,250 + 135,657

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 Feb 13, 2013 Wednesday Wednesday
consolidation Feb 6, 2013 Feb 15, 2012

Liabilities
Federal Reserve notes, net of F.R. Bank holdings 1,122,999 + 4,405 + 78,740
Reverse repurchase agreements (12) 89,055 + 4,526 + 1,938
Deposits (0) 1,795,410 + 48,273 + 61,771
Term deposits held by depository institutions 3,036 0 + 3,036
Other deposits held by depository institutions 1,696,681 + 28,966 + 22,844
U.S. Treasury, General Account 42,358 - 5,779 - 7,708
Foreign official 8,248 + 154 + 7,979
Other (0) 45,087 + 24,932 + 35,620
Deferred availability cash items (0) 1,237 - 135 + 126
Other liabilities and accrued dividends (13) 12,220 + 2,012 - 7,349

Total liabilities (0) 3,020,922 + 59,082 + 135,226

Capital accounts
Capital paid in 27,490 + 84 + 216
Surplus 27,490 + 84 + 216
Other capital accounts 0 0 0

Total capital 54,979 + 168 + 431

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

1. Includes securities lent to dealers under the overnight securities lending facility; refer to table
1A.
2. Face value of the securities.
3. Compensation that adjusts for the effect of inflation on the original face value of
inflation-indexed securities.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which
is the remaining principal balance of the underlying mortgages.
5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
6. Refer to table 4 and the note on consolidation accompanying table 9.
7. Refer to table 5 and the note on consolidation accompanying table 9.
8. Refer to table 6 and the note on consolidation accompanying table 9.
9. Refer to table 7 and the note on consolidation accompanying table 9.
10. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used
when the foreign currency is returned to the foreign central bank. This exchange rate equals the
market exchange rate used when the foreign currency was acquired from the foreign central bank.
11. Includes other assets denominated in foreign currencies, which are revalued daily at market
exchange rates and the fair value adjustment to credit extended by the Federal Reserve Bank of New York
(FRBNY) to eligible borrowers through the Term Asset-Backed Securities Loan Facility.
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt
securities, and mortgage-backed securities.
13. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC
to entities other than the Federal Reserve Bank of New York, including liabilities that have recourse
only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on
consolidation accompanying table 9. Also includes the liability for interest on Federal Reserve notes due
to U.S. Treasury.

9. Statement of Condition of Each Federal Reserve Bank, February 13, 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 11,037 408 3,824 437 515 890 1,337 839 313 192 315 725 1,242
Special drawing rights certificate acct. 5,200 196 1,818 210 237 412 654 424 150 90 153 282 574
Coin 2,224 43 102 143 158 391 220 324 38 55 170 212 368
Securities, repurchase agreements,
and loans 2,813,205 68,317 1,577,425 92,984 71,513 200,188 169,594 156,041 43,975 25,571 56,509 109,291 241,798
Securities held outright (1) 2,812,756 68,317 1,576,984 92,984 71,513 200,188 169,590 156,040 43,975 25,571 56,509 109,290 241,797
U.S. Treasury securities 1,728,477 41,981 969,078 57,140 43,945 123,018 104,215 95,888 27,023 15,713 34,726 67,160 148,588
Bills (2) 0 0 0 0 0 0 0 0 0 0 0 0 0
Notes and bonds (3) 1,728,477 41,981 969,078 57,140 43,945 123,018 104,215 95,888 27,023 15,713 34,726 67,160 148,588
Federal agency debt securities (2) 74,613 1,812 41,832 2,467 1,897 5,310 4,499 4,139 1,167 678 1,499 2,899 6,414
Mortgage-backed securities (4) 1,009,666 24,523 566,074 33,377 25,670 71,859 60,876 56,012 15,785 9,179 20,285 39,231 86,795
Repurchase agreements (5) 0 0 0 0 0 0 0 0 0 0 0 0 0
Loans 449 1 441 0 0 0 4 1 0 0 0 1 1
Net portfolio holdings of Maiden
Lane LLC (6) 1,401 0 1,401 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane II LLC (7) 61 0 61 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane III LLC (8) 22 0 22 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of TALF LLC (9) 507 0 507 0 0 0 0 0 0 0 0 0 0
Items in process of collection 566 0 0 0 0 0 565 0 0 0 0 0 0
Bank premises 2,307 118 429 70 115 229 214 202 130 103 252 238 208
Central bank liquidity swaps (10) 5,193 255 1,660 402 405 1,091 296 148 43 22 53 82 737
Other assets (11) 234,179 6,335 124,923 8,838 7,258 20,242 14,086 12,324 3,532 2,068 4,477 8,603 21,492
Interdistrict settlement account 0 + 624 + 6,902 - 15,059 - 3,720 - 44,575 + 20,071 - 18,016 + 278 + 2,338 - 6,991 - 10,562 + 68,711

Total assets 3,075,901 76,296 1,719,073 88,024 76,480 178,868 207,038 152,286 48,459 30,438 54,938 108,872 335,129

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, February 13, 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 1,379,246 47,570 497,771 47,339 61,883 103,700 174,935 95,211 37,375 23,853 38,106 96,369 155,136
Less: Notes held by F.R. Banks 256,247 9,140 95,097 5,066 10,230 11,925 29,557 14,662 3,686 5,416 9,290 34,645 27,531
Federal Reserve notes, net 1,122,999 38,430 402,674 42,274 51,653 91,774 145,378 80,548 33,689 18,437 28,816 61,723 127,604
Reverse repurchase agreements (12) 89,055 2,163 49,929 2,944 2,264 6,338 5,369 4,940 1,392 810 1,789 3,460 7,656
Deposits 1,795,410 32,732 1,241,446 38,212 17,969 68,429 51,440 64,655 12,699 10,640 23,556 42,393 191,240
Term deposits held by depository
institutions 3,036 5 1,542 637 0 40 500 5 0 105 1 5 196
Other deposits held by depository
institutions 1,696,681 32,709 1,144,456 37,545 17,966 68,253 50,931 64,616 12,699 10,534 23,553 42,384 191,035
U.S. Treasury, General Account 42,358 0 42,358 0 0 0 0 0 0 0 0 0 0
Foreign official 8,248 2 8,221 3 3 8 2 1 0 0 0 1 6
Other 45,087 15 44,868 27 0 128 7 33 0 0 2 3 3
Deferred availability cash items 1,237 0 0 0 0 0 1,091 0 0 146 0 0 0
Interest on Federal Reserve notes due
to U.S. Treasury (13) 1,273 29 808 41 29 59 75 78 20 14 25 52 44
Other liabilities and accrued
dividends (14) 10,948 249 6,712 321 289 776 552 501 199 158 196 362 632

Total liabilities 3,020,922 73,603 1,701,569 83,792 72,203 167,376 203,907 150,722 48,000 30,204 54,382 107,991 327,175

Capital
Capital paid in 27,490 1,347 8,752 2,116 2,138 5,746 1,566 782 230 117 278 440 3,977
Surplus 27,490 1,347 8,752 2,116 2,138 5,746 1,566 782 230 117 278 440 3,977
Other capital 0 0 0 0 0 0 0 0 0 0 0 0 0

Total liabilities and capital 3,075,901 76,296 1,719,073 88,024 76,480 178,868 207,038 152,286 48,459 30,438 54,938 108,872 335,129

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, February 13, 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. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
6. Refer to table 4 and the note on consolidation below.
7. Refer to table 5 and the note on consolidation below.
8. Refer to table 6 and the note on consolidation below.
9. Refer to table 7 and the note on consolidation below.
10. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals
the market exchange rate used when the foreign currency was acquired from the foreign central bank.
11. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates and the fair value adjustment to credit extended by the Federal Reserve Bank of New York
(FRBNY) to eligible borrowers through the Term Asset-Backed Securities Loan Facility.
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.
13. Represents the estimated weekly remittances to U.S. Treasury as interest on Federal Reserve notes or, in those cases where the Reserve Bank's net earnings are not sufficient to equate surplus to
capital paid-in, the deferred asset for interest on Federal Reserve notes. The amount of any deferred asset, which is presented as a negative amount in this line, represents the amount of the
Federal Reserve Bank's earnings that must be retained before remittances to the U.S. Treasury resume. The amounts on this line are calculated in accordance with Board of Governors policy, which requires
the Federal Reserve Banks to remit residual earnings to the U.S. Treasury as interest on Federal Reserve notes after providing for the costs of operations, payment of dividends, and the amount
necessary to equate surplus with capital paid-in.
14. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to entities other than the Federal Reserve Bank of New York, including liabilities that have
recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation below.

Note on consolidation:

The Federal Reserve Bank of New York (FRBNY) has extended loans to several limited liability companies under the authority of section 13(3) of the Federal Reserve Act. On June 26, 2008, a
loan was extended to Maiden Lane LLC, which was formed to acquire certain assets of Bear Stearns. On November 25, 2008, a loan was extended to Maiden Lane III LLC, which was formed to purchase
multi-sector collateralized debt obligations on which the Financial Products group of the American International Group, Inc. has written credit default swap contracts. On December 12, 2008, a
loan was extended to Maiden Lane II LLC, which was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment portfolio of subsidiaries of American
International Group, Inc. On November 25, 2008, the Federal Reserve Board authorized the FRBNY to extend credit to TALF LLC, which was formed to purchase and manage any asset-backed securities
received by the FRBNY in connection with the decision of a borrower not to repay a loan extended under the Term Asset-Backed Securities Loan Facility.

The FRBNY is the primary beneficiary of TALF LLC, because of the two beneficiaries of the LLC, the FRBNY and the U.S. Treasury, the FRBNY is primarily responsible for directing the financial
activities of TALF LLC. The FRBNY is the primary beneficiary of the other LLCs cited above because it will receive a majority of any residual returns of the LLCs and absorb a majority of any
residual losses of the LLCs. Consistent with generally accepted accounting principles, the assets and liabilities of these LLCs have been consolidated with the assets and liabilities of the
FRBNY in the preparation of the statements of condition shown on this release. As a consequence of the consolidation, the extensions of credit from the FRBNY to the LLCs are eliminated, the net
assets of the LLCs appear as assets on the previous page (and in table 1 and table 8), and the liabilities of the LLCs to entities other than the FRBNY, including those with recourse only to
the portfolio holdings of the LLCs, are included in other liabilities in this table (and table 1 and table 8).

10. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Federal Reserve notes and collateral Wednesday
Feb 13, 2013

Federal Reserve notes outstanding 1,379,246
Less: Notes held by F.R. Banks not subject to collateralization 256,247
Federal Reserve notes to be collateralized 1,122,999
Collateral held against Federal Reserve notes 1,122,999
Gold certificate account 11,037
Special drawing rights certificate account 5,200
U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2) 1,106,762
Other assets pledged 0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2) 2,812,756
Less: Face value of securities under reverse repurchase agreements 76,666
U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 2,736,090

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