Statistical Tables

Millions of dollars

Type of security and transaction	Jan.	Feb.	Mar.	Apr.	May	June	July	Aug.	Sept.	Oct.	Nov.	Dec.	Total
U.S. Treasury securities¹
Outright transactions ²
Treasury bills
Gross purchases	0	0	0	100	0	0	0	3,001	3,001	45,006	55,508	63,009	169,625
Gross sales	0	0	0	0	50	0	0	0	0	0	0	0	50
Exchanges	0	0	0	0	0	5	0	0	50	181	3,110	18,429	21,775
For new bills	0	0	0	0	0	5	0	0	50	181	3,110	18,429	21,775
Redemptions	0	0	0	0	0	45	3	2	0	0	0	0	50
Others up to 1 year
Gross purchases	0	0	0	0	0	0	25	3,402	1,601	1,978	2,076	2,360	11,442
Gross sales	0	0	0	0	0	0	0	0	0	0	0	0	0
Exchanges	0	-26,052	0	-1,926	-43,532	-6,463	-6,504	-69,488	-12,985	-15,683	-48,746	-12,047	-243,425
Redemptions	15,966	30,000	22,379	30,000	15,000	15,000	15,000	0	0	0	0	0	143,407
Over 1 to 5 years
Gross purchases	0	0	0	0	0	0	25	5,903	8,241	7,538	8,020	7,093	36,820
Gross sales	0	0	0	0	0	0	0	0	0	0	0	50	50
Exchanges	0	13,049	0	1,512	23,345	4,632	4,336	35,315	8,414	12,337	24,424	9,035	136,400
Over 5 to 10 years
Gross purchases	0	0	0	0	0	0	0	2,101	2,217	3,725	4,645	3,765	16,453
Gross sales	0	0	0	0	0	0	0	0	0	0	0	0	0
Exchanges	0	8,042	0	412	13,715	1,830	2,032	21,774	4,571	3,346	15,325	3,012	74,058
More than 10 years
Gross purchases	0	0	0	0	0	0	0	0	2,548	3,769	2,269	3,792	12,378
Gross sales	0	0	0	0	0	0	0	0	0	0	0	0	0
Exchanges	0	4,961	0	2	6,472	0	136	12,398	0	0	8,997	0	32,967
All maturities
Gross purchases	0	0	0	100	0	0	50	14,407	17,608	62,016	72,518	80,019	246,718
Gross sales	0	0	0	0	50	0	0	0	0	0	0	50	100
Redemptions	15,966	30,000	22,441	30,000	15,000	15,045	15,003	2	0	0	0	0	143,457
Net change in U.S. Treasury securities	-15,966	-30,000	-22,441	-29,900	-15,050	-15,045	-14,953	14,405	17,608	62,016	72,518	79,969	103,161
Federal agency obligations
Outright transactions ²
Gross purchases	0	0	0	0	0	0	0	0	0	0	0	0	0
Gross sales	0	0	0	0	0	0	0	0	0	0	0	0	0
Redemptions	0	0	62	0	0	0	0	0	0	0	0	0	62
Net change in federal agency obligations	0	0	-62	0	0	0	0	0	0	0	0	0	-62
Mortgage-backed securities ³
Net settlements ²
Net change in mortgage-backed securities	-15,315	-14200	-14,886	-17,289	-20,028	-22,679	-20,951	-22,170	-22,346	-21,490	-22,045	-15,047	-228,447
Total net change in securities holdings ⁴	-31,281	-44,200	-37,389	-47,189	-35,078	-37,724	-35,904	-7,765	-4,738	40,526	50,473	64,922	-125,348
Temporary transactions
Repurchase agreements ⁵	0	0	0	0	9	0	0	0	52,910	193,348	209,486	229,380	n/a n/a
Reverse repurchase agreements ⁵	257,615	252,115	242,351	255,882	265,654	277,127	290,113	296,086	296,214	296,158	288,379	268,273	n/a
Foreign official and international accounts	252,602	249,680	241,169	254,776	263,488	267,352	282,602	289,537	292,111	290,908	281,801	262,240	n/a
Others	5,013	2,434	1,182	1,106	2,165	9,775	7,511	6,548	4,103	5,250	6,577	6,033	n/a

Note: Purchases of Treasury securities and federal agency obligations increase securities holdings; sales and redemptions of these securities decrease securities holdings. Exchanges occur when the Federal Reserve rolls the proceeds of maturing securities into newly issued securities, and so exchanges do not affect total securities holdings. Positive net settlements of mortgage-backed securities increase securities holdings, while negative net settlements of these securities decrease securities holdings. Components may not sum to totals because of rounding. See table 2 of the H.4.1 release (https://www.federalreserve.gov/releases/h41/) for the maturity distribution of the securities.

1. Transactions exclude changes in compensation for the effects of inflation on the principal of inflation-indexed securities. Transactions include the rollover of inflation compensation into new securities. The maturity distributions of exchanged Treasury securities are based on the announced maturity of new securities rather than actual day counts. Return to table

2. Excludes the effect of temporary transactions—repurchase agreements and reverse repurchase agreements. Return to table

3. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Monthly net change in the remaining principal balance of the securities reported at face value. Return to table

4. The net change in securities holdings reflects the settlements of purchases, reinvestments, sales, and maturities of portfolio securities. Return to table

5. Averages of daily business cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.
For additional details on temporary transactions, see the temporary open market operations historical search available at https://apps.newyorkfed.org/markets/autorates/tomo-search-page. Return to table

n/a Not applicable.

Millions of dollars

Description	December 31			Change
Description	2019	2018	2017	2018–19	2017–18
U.S. Treasury securities ¹
Held outright²	2,328,933	2,222,547	2,454,208	106,386	-231,661
By remaining maturity
Bills
1–90 days	51,763	0	0	51,763	0
91 days to 1 year	117,762	0	0	117,762	0
Notes and bonds
1 year or less	303,438	384,936	443,679	-81,498	-58,743
More than 1 year through 5 years	893,832	958,065	1,077,270	-64,233	-119,205
More than 5 years through 10 years	321,591	260,898	310,375	60,693	-49,477
More than 10 years	640,547	618,648	622,884	21,899	-4,236
By type
Bills	169,525	0	0	169,525	0
Notes	1,290,107	1,382,654	1,624,620	-92,547	-241,966
Bonds	869,301	839,893	829,588	29,408	10,305
Federal agency securities ¹
Held outright ²	2,347	2,409	4,391	-62	-1,982
By remaining maturity
Discount notes
1–90 days	0	0	0	0	0
91 days to 1 year	0	0	0	0	0
Coupons
1 year or less	0	62	1,982	-62	-1,920
More than 1 year through 5 years	0	0	62	0	-62
More than 5 years through 10 years	486	0	0	486	0
More than 10 years	1,861	2,347	2,347	-486	0
By type
Discount notes	0	0	0	0	0
Coupons	2,347	2,409	4,391	-62	-1,982
By issuer
Federal Home Loan Mortgage Corporation	529	591	2,573	-62	-1,982
Federal National Mortgage Association	1,818	1,818	1,818	0	0
Federal Home Loan Banks	0	0	0	0	0
Mortgage-backed securities ³ ^,⁴
Held outright ²	1,408,677	1,637,123	1,764,929	-228,446	-127,806
By remaining maturity
1 year or less	12	4	1	8	3
More than 1 year through 5 years	1,135	214	173	921	41
More than 5 years through 10 years	73,528	62,706	20,013	10,822	42,693
More than 10 years	1,334,002	1,574,199	1,744,742	-240,197	-170,543
By issuer
Federal Home Loan Mortgage Corporation	422,087	481,436	515,025	-59,349	-33,589
Federal National Mortgage Association	652,729	761,166	826,306	-108,437	-65,140
Government National Mortgage Association	333,861	394,521	423,598	-60,660	-29,077
Temporary transactions ⁵
Repurchase agreements⁶	255,619	0	0	255,619	0
Reverse repurchase agreements ⁶	336,649	304,012	563,958	32,637	-259,946
Foreign official and international accounts	272,562	262,164	244,363	10,398	17,801
Primary dealers and expanded counterparties	64,087	41,848	319,595	22,239	-277,747

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

1. Par value. Return to table

2. Excludes the effect of temporary transactions—repurchase agreements and reverse repurchase agreements. Return to table

3. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Return to table

4. The par amount shown is the remaining principal balance of the securities. Return to table

5. Contract amount of agreements. Return to table

6. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities. Return to table

Percent

Reserve Bank	Primary credit	Secondary credit	Seasonal credit
All banks	2.25	2.75	1.70

Note: For details on rate changes over the course of 2019, see "Discount Rates for Depository Institutions in 2019" in appendix E of this annual report ("Record of Policy Actions of the Board of Governors"). Primary credit is available for very short terms as a backup source of liquidity to depository institutions that are in generally sound financial condition in the judgment of the lending Federal Reserve Bank. Secondary credit is available in appropriate circumstances to depository institutions that do not qualify for primary credit. Seasonal credit is available to help relatively small depository institutions meet regular seasonal needs for funds that arise from a clear pattern of intra-yearly movements in their deposits and loans. The discount rate on seasonal credit takes into account rates charged by market sources of funds and is reestablished on the first business day of each two-week reserve maintenance period.

Liability type	Requirements
Liability type	Percentage of liabilities	Effective date
Net transaction accounts ¹
$0 million–$16.3 million ²	0	1/17/2019
More than $16.3 million–$124.2 million ³	3	1/17/2019
More than $124.2 million	10	1/17/2019
Nonpersonal time deposits	0	12/27/1990
Eurocurrency liabilities	0	12/27/1990

Note: The table reflects the liability types and percentages of those liabilities subject to requirements for the maintenance period that contains the year end. Required reserves must be held in the form of vault cash and, if vault cash is insufficient, also in the form of a deposit with a Federal Reserve Bank. An institution must hold that deposit directly with a Reserve Bank or with another institution in a pass-through relationship. Reserve requirements are imposed on commercial banks, savings banks, savings and loan associations, credit unions, U.S. branches and agencies of foreign banks, Edge corporations, and agreement corporations.

1. Total transaction accounts consist of demand deposits, automatic transfer service (ATS) accounts, NOW accounts, share draft accounts, telephone or preauthorized transfer accounts, ineligible acceptances, and affiliate-issued obligations maturing in seven days or less. Net transaction accounts are total transaction accounts less amounts due from other depository institutions and less cash items in the process of collection.
For a more detailed description of these deposit types, see Form FR 2900. Return to table

2. The amount of net transaction accounts subject to a reserve requirement ratio of 0 percent (the "exemption amount") is adjusted each year by statute. The exemption amount is adjusted upward by 80 percent of the previous year's (June 30 to June 30) rate of increase in total reservable liabilities at all depository institutions. No adjustment is made in the event of a decrease in such liabilities. Return to table

3. The amount of net transaction accounts subject to a reserve requirement ratio of 3 percent is the "low reserve tranche." By statute, the upper limit of the low reserve tranche is adjusted each year by 80 percent of the previous year's (June 30 to June 30) rate of increase or decrease in net transaction accounts held by all depository institutions. Return to table

Type of office	Total	Commercial banks ¹					Savings banks
		Total	Member			Nonmember
		Total	Total	National	State	Nonmember
All banking offices
Banks
Number, Dec. 31, 2018	4,964	4,714	1,577	808	769	3,137	250
Changes during 2019
New banks	20	19	4	3	1	15	1
Banks converted into branches	-200	-192	-60	-24	-36	-132	-8
Ceased banking operations ²	-31	-28	-8	-7	-1	-20	-3
Other ³	0	2	-4	-2	-2	6	-2
Net change	-211	-199	-68	-30	-38	-131	-12
Number, Dec. 31, 2019	4,753	4,515	1,509	778	731	3,006	238
Branches and additional offices
Number, Dec. 31, 2018	79,155	76,236	53,234	38,757	14,477	23,002	2,919
Changes during 2019
New branches	1,111	1,071	653	477	176	418	40
Banks converted to branches	200	195	77	42	35	118	5
Discontinued ²	-2,493	-2,379	-1,869	-1,484	-385	-510	-114
Other ³	0	429	-832	1,444	-2,276	-1,261	-429
Net change	-1,182	-684	-1,971	479	-2,450	1,287	-498
Number, Dec. 31, 2019	77,973	75,552	51,263	39,236	12,027	24,289	2,421
Banks affiliated with bank holding companies
Number, Dec. 31, 2018	4,198	4,071	1,426	715	711	2,645	127
Changes during 2019
BHC-affiliated new banks	28	24	10	5	5	14	4
Banks converted into branches	-170	-164	-55	-22	-33	-109	-6
Ceased banking operations ²	-27	-25	-7	-6	-1	-18	-2
Other ³	0	2	-4	-2	-2	6	-2
Net change	-169	-163	-56	-25	-31	-107	-6
Number, Dec. 31, 2019	4,029	3,908	1,370	690	680	2,538	121

Note: Includes banks, banking offices, and bank holding companies in U.S. territories and possessions (affiliated insular areas).

1. For purposes of this table, banks are entities that are defined as banks in the Bank Holding Company Act, as amended, which is implemented by Federal Reserve Regulation Y. Generally, a bank is any institution that accepts demand deposits and is engaged in the business of making commercial loans or any institution that is defined as an insured bank in section 3(h) of the Federal Deposit Insurance Corporation Act. Return to table

2. Institutions that no longer meet the Regulation Y definition of a bank. Return to table

3. Interclass changes and sales of branches. Return to table

Millions of dollars

Period	Factors supplying reserve funds
	Federal Reserve Bank credit outstanding						Gold stock	Special drawing rights certificate account	Treasury currency outstanding ⁵
	Securities held outright ¹	Repurchase agreements²	Loans and other credit extensions ³	Float	Other Federal Reserve assets ⁴	Total ⁴	Gold stock	Special drawing rights certificate account	Treasury currency outstanding ⁵
1984	167,612	2,015	3,577	833	12,347	186,384	11,096	4,618	16,418
1985	186,025	5,223	3,060	988	15,302	210,598	11,090	4,718	17,075
1986	205,454	16,005	1,565	1,261	17,475	241,760	11,084	5,018	17,567
1987	226,459	4,961	3,815	811	15,837	251,883	11,078	5,018	18,177
1988	240,628	6,861	2,170	1,286	18,803	269,748	11,060	5,018	18,799
1989	233,300	2,117	481	1,093	39,631	276,622	11,059	8,518	19,628
1990	241,431	18,354	190	2,222	39,897	302,091	11,058	10,018	20,402
1991	272,531	15,898	218	731	34,567	323,945	11,059	10,018	21,014
1992	300,423	8,094	675	3,253	30,020	342,464	11,056	8,018	21,447
1993	336,654	13,212	94	909	33,035	383,904	11,053	8,018	22,095
1994	368,156	10,590	223	-716	33,634	411,887	11,051	8,018	22,994
1995	380,831	13,862	135	107	33,303	428,239	11,050	10,168	24,003
1996	393,132	21,583	85	4,296	32,896	451,992	11,048	9,718	24,966
1997	431,420	23,840	2,035	719	31,452	489,466	11,047	9,200	25,543
1998	452,478	30,376	17	1,636	36,966	521,475	11,046	9,200	26,270
1999	478,144	140,640	233	-237	35,321	654,100	11,048	6,200	28,013
2000	511,833	43,375	110	901	36,467	592,686	11,046	2,200	31,643
2001	551,685	50,250	34	-23	37,658	639,604	11,045	2,200	33,017
2002	629,416	39,500	40	418	39,083	708,457	11,043	2,200	34,597
2003	666,665	43,750	62	-319	40,847	751,005	11,043	2,200	35,468
2004	717,819	33,000	43	925	42,219	794,007	11,045	2,200	36,434
2005	744,215	46,750	72	885	39,611	831,532	11,043	2,200	36,540
2006	778,915	40,750	67	-333	39,895	859,294	11,041	2,200	38,206
2007	740,611	46,500	72,636	-19	41,799	901,528	11,041	2,200	38,681
2008	495,629	80,000	1,605,848	-1,494	43,553	2,223,537	11,041	2,200	38,674
2009	1,844,838	0	281,095	-2,097	92,811	2,216,647	11,041	5,200	42,691
2010	2,161,094	0	138,311	-1,421	110,255	2,408,240	11,041	5,200	43,542
2011	2,605,124	0	144,098	-631	152,568	2,901,159	11,041	5,200	44,198
2012	2,669,589	0	11,867	-486	218,296	2,899,266	11,041	5,200	44,751
2013	3,756,158	0	2,177	-962	246,947	4,004,320	11,041	5,200	45,493
2014	4,236,873	0	3,351	-555	239,238	4,478,908	11,041	5,200	46,301
2015	4,241,958	0	2,830	-36	221,448	4,466,199	11,041	5,200	47,567
2016	4,221,187	0	7,325	-804	206,551	4,434,259	11,041	5,200	48,536
2017	4,223,528	0	13,914	-920	194,288	4,430,809	11,041	5,200	49,381
2018	3,862,079	0	4,269	-770	173,324	4,038,902	11,041	5,200	49,801
2019	3,739,957	255,619	3,770	-643	156,304	4,155,007	11,041	5,200	50,138
2019, month-end
Jan	3,830,024	0	90	-861	176,630	4,005,883	11,041	5,200	49,871
Feb	3,785,388	0	87	-752	163,911	3,948,634	11,041	5,200	49,888
Mar	3,770,700	0	1,376	-789	167,790	3,939,077	11,041	5,200	49,909
Apr	3,701,709	0	91	-827	169,535	3,870,508	11,041	5,200	49,942
May	3,667,413	0	211	-564	160,482	3,827,542	11,041	5,200	49,991
Jun	3,645,427	0	132	-821	164,411	3,809,149	11,041	5,200	50,023
Jul	3,594,822	0	143	-818	166,149	3,760,296	11,041	5,200	50,020
Aug	3,587,084	0	972	-528	155,285	3,742,813	11,041	5,200	50,025
Sep	3,582,935	202,500	1,080	-744	157,979	3,943,750	11,041	5,200	50,081
Oct	3,623,607	228,183	77	-718	162,165	4,013,314	11,041	5,200	50,064
Nov	3,674,577	207,743	65	-419	153,581	4,035,547	11,041	5,200	50,120
Dec	3,739,957	255,619	3,770	-643	156,304	4,155,007	11,041	5,200	50,138

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

1. Includes U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities. U.S. Treasury securities and federal agency debt securities include securities lent to dealers, which are fully collateralized by U.S. Treasury securities, federal agency securities, and other highly rated debt securities. Return to table

2. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and agency mortgage-backed securities. Return to table

3. As of 2015, includes only central bank liquidity swaps; primary, seasonal, and secondary credit; and net portfolio holdings of Maiden Lane LLC. For disaggregated loans and other credit extensions from 1984 to 2014, refer to "Table 6B. Loans and other credit extensions, by type, year-end 1984–2014 and month-end 2014" of the 2014 Annual Report. Return to table

4. As of 2013, unamortized discounts on securities held outright are included as a component of Other Federal Reserve assets. Previously, they were included in Other Federal Reserve liabilities and capital. Return to table

5. Includes currency and coin (other than gold) issued directly by the U.S. Treasury. The largest components are fractional and dollar coins. For details, refer to "U.S. Currency and Coin Outstanding and in Circulation," Treasury Bulletin. Return to table

Period	Factors absorbing reserve funds										Reserve balances with Federal Reserve Banks
	Currency in circulation	Reverse repurchase agreements ⁶	Treasury cash holdings ⁷	Deposits with Federal Reserve Banks, other than reserve balances					Required clearing balances ⁹	Other Federal Reserve liabilities and capital ^4,¹⁰
	Currency in circulation	Reverse repurchase agreements ⁶	Treasury cash holdings ⁷	Term deposits	Treasury general account	Treasury supplementary financing account	Foreign	Other ⁸	Required clearing balances ⁹	Other Federal Reserve liabilities and capital ^4,¹⁰
1984	183,796	0	513	n/an/a	5,316	n/a	253	867	1,126	5,952	20,693
1985	197,488	0	550	n/a	9,351	n/a	480	1,041	1,490	5,940	27,141
1986	211,995	0	447	n/a	7,588	n/a	287	917	1,812	6,088	46,295
1987	230,205	0	454	n/a	5,313	n/a	244	1,027	1,687	7,129	40,097
1988	247,649	0	395	n/a	8,656	n/a	347	548	1,605	7,683	37,742
1989	260,456	0	450	n/a	6,217	n/a	589	1,298	1,618	8,486	36,713
1990	286,963	0	561	n/a	8,960	n/a	369	528	1,960	8,147	36,081
1991	307,756	0	636	n/a	17,697	n/a	968	1,869	3,946	8,113	25,051
1992	334,701	0	508	n/a	7,492	n/a	206	653	5,897	7,984	25,544
1993	365,271	0	377	n/a	14,809	n/a	386	636	6,332	9,292	27,967
1994	403,843	0	335	n/a	7,161	n/a	250	1,143	4,196	11,959	25,061
1995	424,244	0	270	n/a	5,979	n/a	386	2,113	5,167	12,342	22,960
1996	450,648	0	249	n/a	7,742	n/a	167	1,178	6,601	13,829	17,310
1997	482,327	0	225	n/a	5,444	n/a	457	1,171	6,684	15,500	23,447
1998	517,484	0	85	n/a	6,086	n/a	167	1,869	6,780	16,354	19,164
1999	628,359	0	109	n/a	28,402	n/a	71	1,644	7,481	17,256	16,039
2000	593,694	0	450	n/a	5,149	n/a	216	2,478	6,332	17,962	11,295
2001	643,301	0	425	n/a	6,645	n/a	61	1,356	8,525	17,083	8,469
2002	687,518	21,091	367	n/a	4,420	n/a	136	1,266	10,534	18,977	11,988
2003	724,187	25,652	321	n/a	5,723	n/a	162	995	11,829	19,793	11,054
2004	754,877	30,783	270	n/a	5,912	n/a	80	1,285	9,963	26,378	14,137
2005	794,014	30,505	202	n/a	4,573	n/a	83	2,144	8,651	30,466	10,678
2006	820,176	29,615	252	n/a	4,708	n/a	98	972	6,842	36,231	11,847
2007	828,938	43,985	259	n/a	16,120	n/a	96	1,830	6,614	41,622	13,986
2008	889,898	88,352	259	n/a	106,123	259,325	1,365	21,221	4,387	48,921	855,599
2009	928,249	77,732	239	n/a	186,632	5,001	2,411	35,262	3,020	63,219	973,814
2010	982,750	59,703	177	0	140,773	199,964	3,337	13,631	2,374	99,602	965,712
2011	1,075,820	99,900	128	0	85,737	0	125	64,909	2,480	72,766	1,559,731
2012	1,169,159	107,188	150	0	92,720	0	6,427	27,476	n/a	66,093	1,491,044
2013	1,241,228	315,924	234	0	162,399	0	7,970	26,181	n/a	63,049	2,249,070
2014	1,342,957	509,837	201	0	223,452	0	5,242	20,320	n/a	61,447	2,377,995
2015	1,424,967	712,401	266	0	333,447	0	5,231	31,212	n/a	45,320	1,977,163
2016	1,509,440	725,210	166	0	399,190	0	5,165	53,248	n/a	46,943	1,759,675
2017	1,618,006	563,958	214	0	228,933	0	5,257	77,762	n/a	47,876	1,954,426
2018	1,719,302	304,012	214	0	402,138	0	5,245	73,073	n/a	45,007	1,555,954
2019	1,807,740	336,649	171	0	403,853	0	5,182	74,075	n/a	44,867	1,548,849
2019, month-end
Jan	1,703,088	257,122	259	0	403,597	0	5,244	58,609	n/a	42,939	1,601,137
Feb	1,712,531	264,433	312	0	290,665	0	5,244	56,029	n/a	43,555	1,641,993
Mar	1,723,662	255,345	336	0	334,012	0	5,243	61,355	n/a	44,484	1,580,789
Apr	1,729,791	269,767	332	0	422,586	0	5,245	52,806	n/a	45,161	1,411,002
May	1,738,428	289,429	247	2,700	232,874	0	5,245	62,083	n/a	44,922	1,517,849
Jun	1,743,133	335,372	184	0	263,709	0	5,245	60,976	n/a	45,345	1,421,452
Jul	1,747,776	308,710	176	0	176,662	0	5,254	52,854	n/a	44,578	1,490,546
Aug	1,759,939	308,890	157	0	133,091	0	5,280	60,290	n/a	44,027	1,497,406
Sep	1,762,514	313,368	180	0	382,483	0	5,186	74,318	n/a	44,768	1,427,255
Oct	1,781,164	302,284	196	0	434,942	0	5,185	59,580	n/a	44,679	1,451,591
Nov	1,793,165	287,729	185	0	342,618	0	5,185	57,849	n/a	44,868	1,570,310
Dec	1,807,740	336,649	171	0	403,853	0	5,182	74,075	n/a	44,867	1,548,849

6. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and agency mortgage-backed securities. Return to table

7. Coin and paper currency held by the Treasury. Return to table

8. As of 2014, includes deposits of designated financial market utilities. Return to table

9. Required clearing balances were discontinued in July 2012. Return to table

10. In 2010, includes funds from American International Group, Inc. asset dispositions, held as agent. Return to table

n/a Not applicable.

Millions of dollars

Period	Factors supplying reserve funds
	Federal Reserve Bank credit outstanding							Gold stock ⁶	Special drawing rights certificate account	Treasury currency outstanding ⁷
	Securities held outright ¹	Repurchase agreements²	Loans	Float ³	All other ⁴	Other Federal Reserve assets ⁵	Total	Gold stock ⁶	Special drawing rights certificate account	Treasury currency outstanding ⁷
1918	239	0	1,766	199	294	0	2,498	2,873	n/a n/a	1,795
1919	300	0	2,215	201	575	0	3,292	2,707	n/a	1,707
1920	287	0	2,687	119	262	0	3,355	2,639	n/a	1,709
1921	234	0	1,144	40	146	0	1,563	3,373	n/a	1,842
1922	436	0	618	78	273	0	1,405	3,642	n/a	1,958
1923	80	54	723	27	355	0	1,238	3,957	n/a	2,009
1924	536	4	320	52	390	0	1,302	4,212	n/a	2,025
1925	367	8	643	63	378	0	1,459	4,112	n/a	1,977
1926	312	3	637	45	384	0	1,381	4,205	n/a	1,991
1927	560	57	582	63	393	0	1,655	4,092	n/a	2,006
1928	197	31	1,056	24	500	0	1,809	3,854	n/a	2,012
1929	488	23	632	34	405	0	1,583	3,997	n/a	2,022
1930	686	43	251	21	372	0	1,373	4,306	n/a	2,027
1931	775	42	638	20	378	0	1,853	4,173	n/a	2,035
1932	1,851	4	235	14	41	0	2,145	4,226	n/a	2,204
1933	2,435	2	98	15	137	0	2,688	4,036	n/a	2,303
1934	2,430	0	7	5	21	0	2,463	8,238	n/a	2,511
1935	2,430	1	5	12	38	0	2,486	10,125	n/a	2,476
1936	2,430	0	3	39	28	0	2,500	11,258	n/a	2,532
1937	2,564	0	10	19	19	0	2,612	12,760	n/a	2,637
1938	2,564	0	4	17	16	0	2,601	14,512	n/a	2,798
1939	2,484	0	7	91	11	0	2,593	17,644	n/a	2,963
1940	2,184	0	3	80	8	0	2,274	21,995	n/a	3,087
1941	2,254	0	3	94	10	0	2,361	22,737	n/a	3,247
1942	6,189	0	6	471	14	0	6,679	22,726	n/a	3,648
1943	11,543	0	5	681	10	0	12,239	21,938	n/a	4,094
1944	18,846	0	80	815	4	0	19,745	20,619	n/a	4,131
1945	24,262	0	249	578	2	0	25,091	20,065	n/a	4,339
1946	23,350	0	163	580	1	0	24,093	20,529	n/a	4,562
1947	22,559	0	85	535	1	0	23,181	22,754	n/a	4,562
1948	23,333	0	223	541	1	0	24,097	24,244	n/a	4,589
1949	18,885	0	78	534	2	0	19,499	24,427	n/a	4,598
1950	20,725	53	67	1,368	3	0	22,216	22,706	n/a	4,636
1951	23,605	196	19	1,184	5	0	25,009	22,695	n/a	4,709
1952	24,034	663	156	967	4	0	25,825	23,187	n/a	4,812
1953	25,318	598	28	935	2	0	26,880	22,030	n/a	4,894
1954	24,888	44	143	808	1	0	25,885	21,713	n/a	4,985
1955	24,391	394	108	1,585	29	0	26,507	21,690	n/a	5,008
1956	24,610	305	50	1,665	70	0	26,699	21,949	n/a	5,066
1957	23,719	519	55	1,424	66	0	25,784	22,781	n/a	5,146
1958	26,252	95	64	1,296	49	0	27,755	20,534	n/a	5,234
1959	26,607	41	458	1,590	75	0	28,771	19,456	n/a	5,311
1960	26,984	400	33	1,847	74	0	29,338	17,767	n/a	5,398
1961	28,722	159	130	2,300	51	0	31,362	16,889	n/a	5,585
1962	30,478	342	38	2,903	110	0	33,871	15,978	n/a	5,567
1963	33,582	11	63	2,600	162	0	36,418	15,513	n/a	5,578
1964	36,506	538	186	2,606	94	0	39,930	15,388	n/a	5,405
1965	40,478	290	137	2,248	187	0	43,340	13,733	n/a	5,575
1966	43,655	661	173	2,495	193	0	47,177	13,159	n/a	6,317
1967	48,980	170	141	2,576	164	0	52,031	11,982	n/a	6,784
1968	52,937	0	186	3,443	58	0	56,624	10,367	n/a	6,795
1969	57,154	0	183	3,440	64	2,743	63,584	10,367	n/a	6,852
1970	62,142	0	335	4,261	57	1,123	67,918	10,732	400	7,147
1971	69,481	1,323	39	4,343	261	1,068	76,515	10,132	400	7,710
1972	71,119	111	1,981	3,974	106	1,260	78,551	10,410	400	8,313
1973	80,395	100	1,258	3,099	68	1,152	86,072	11,567	400	8,716
1974	84,760	954	299	2,001	999	3,195	92,208	11,652	400	9,253
1975	92,789	1,335	211	3,688	1,126	3,312	102,461	11,599	500	10,218
1976	100,062	4,031	25	2,601	991	3,182	110,892	11,598	1,200	10,810
1977	108,922	2,352	265	3,810	954	2,442	118,745	11,718	1,250	11,331
1978	117,374	1,217	1,174	6,432	587	4,543	131,327	11,671	1,300	11,831
1979	124,507	1,660	1,454	6,767	704	5,613	140,705	11,172	1,800	13,083
1980	128,038	2,554	1,809	4,467	776	8,739	146,383	11,160	2,518	13,427
1981	136,863	3,485	1,601	1,762	195	9,230	153,136	11,151	3,318	13,687
1982	144,544	4,293	717	2,735	1,480	9,890	163,659	11,148	4,618	13,786
1983	159,203	1,592	918	1,605	418	8,728	172,464	11,121	4,618	15,732

Note: For a description of figures and discussion of their significance, see Banking and Monetary Statistics, 1941–1970 (Board of Governors of the Federal Reserve System, 1976), pp. 507–23. Components may not sum to totals because of rounding.

1. In 1969 and thereafter, includes securities loaned—fully guaranteed by U.S. government securities pledged with Federal Reserve Banks—and excludes securities sold and scheduled to be bought back under matched sale–purchase transactions. On September 29, 1971, and thereafter, includes federal agency issues bought outright. Return to table

2. On December 1, 1966, and thereafter, includes federal agency obligations held under repurchase agreements. Return to table

3. In 1960 and thereafter, figures reflect a minor change in concept; refer to Federal Reserve Bulletin, vol. 47 (February 1961), p. 164. Return to table

4. Principally acceptances and, until August 21, 1959, industrial loans, the authority for which expired on that date. Return to table

5. For the period before April 16, 1969, includes the total of Federal Reserve capital paid in, surplus, other capital accounts, and other liabilities and accrued dividends, less the sum of bank premises and other assets, and is reported as "Other Federal Reserve accounts"; thereafter, "Other Federal Reserve assets" and "Other Federal Reserve liabilities and capital" are shown separately. Return to table

6. Before January 30, 1934, includes gold held in Federal Reserve Banks and in circulation. Return to table

7. Includes currency and coin (other than gold) issued directly by the Treasury. The largest components are fractional and dollar coins. For details refer to ‘‘U.S. Currency and Coin Outstanding and in Circulation,'' Treasury Bulletin. Return to table

n/a Not applicable.

Millions of dollars

Period	Factors absorbing reserve funds								Member bank reserves ⁹
	Currency in circulation	Treasury cash holdings ⁸	Deposits with Federal Reserve Banks, other than reserve balances			Other Federal Reserve accounts ⁵	Required clearing balances	Other Federal Reserve liabilities and capital ⁵	Member bank reserves ⁹
	Currency in circulation	Treasury cash holdings ⁸	Treasury	Foreign	Other	Other Federal Reserve accounts ⁵	Required clearing balances	Other Federal Reserve liabilities and capital ⁵	With Federal Reserve Banks	Currency and coin ¹⁰	Required ¹¹	Excess ^11, ¹²
1918	4,951	288	51	96	25	118	0	0	1,636	n/a n/a	1,585	51
1919	5,091	385	31	73	28	208	0	0	1,890	n/a	1,822	68
1920	5,325	218	57	5	18	298	0	0	1,781	n/a	n/a	n/a
1921	4,403	214	96	12	15	285	0	0	1,753	n/a	1,654	99
1922	4,530	225	11	3	26	276	0	0	1,934	n/a	n/a	n/a
1923	4,757	213	38	4	19	275	0	0	1,898	n/a	1,884	14
1924	4,760	211	51	19	20	258	0	0	2,220	n/a	2,161	59
1925	4,817	203	16	8	21	272	0	0	2,212	n/a	2,256	-44
1926	4,808	201	17	46	19	293	0	0	2,194	n/a	2,250	-56
1927	4,716	208	18	5	21	301	0	0	2,487	n/a	2,424	63
1928	4,686	202	23	6	21	348	0	0	2,389	n/a	2,430	-41
1929	4,578	216	29	6	24	393	0	0	2,355	n/a	2,428	-73
1930	4,603	211	19	6	22	375	0	0	2,471	n/a	2,375	96
1931	5,360	222	54	79	31	354	0	0	1,961	n/a	1,994	-33
1932	5,388	272	8	19	24	355	0	0	2,509	n/a	1,933	576
1933	5,519	284	3	4	128	360	0	0	2,729	n/a	1,870	859
1934	5,536	3,029	121	20	169	241	0	0	4,096	n/a	2,282	1,814
1935	5,882	2,566	544	29	226	253	0	0	5,587	n/a	2,743	2,844
1936	6,543	2,376	244	99	160	261	0	0	6,606	n/a	4,622	1,984
1937	6,550	3,619	142	172	235	263	0	0	7,027	n/a	5,815	1,212
1938	6,856	2,706	923	199	242	260	0	0	8,724	n/a	5,519	3,205
1939	7,598	2,409	634	397	256	251	0	0	11,653	n/a	6,444	5,209
1940	8,732	2,213	368	1,133	599	284	0	0	14,026	n/a	7,411	6,615
1941	11,160	2,215	867	774	586	291	0	0	12,450	n/a	9,365	3,085
1942	15,410	2,193	799	793	485	256	0	0	13,117	n/a	11,129	1,988
1943	20,449	2,303	579	1,360	356	339	0	0	12,886	n/a	11,650	1,236
1944	25,307	2,375	440	1,204	394	402	0	0	14,373	n/a	12,748	1,625
1945	28,515	2,287	977	862	446	495	0	0	15,915	n/a	14,457	1,458
1946	28,952	2,272	393	508	314	607	0	0	16,139	n/a	15,577	562
1947	28,868	1,336	870	392	569	563	0	0	17,899	n/a	16,400	1,499
1948	28,224	1,325	1123	642	547	590	0	0	20,479	n/a	19,277	1,202
1949	27,600	1,312	821	767	750	706	0	0	16,568	n/a	15,550	1,018
1950	27,741	1,293	668	895	565	714	0	0	17,681	n/a	16,509	1,172
1951	29,206	1,270	247	526	363	746	0	0	20,056	n/a	19,667	389
1952	30,433	1,270	389	550	455	777	0	0	19,950	n/a	20,520	-570
1953	30,781	761	346	423	493	839	0	0	20,160	n/a	19,397	763
1954	30,509	796	563	490	441	907	0	0	18,876	n/a	18,618	258
1955	31,158	767	394	402	554	925	0	0	19,005	n/a	18,903	102
1956	31,790	775	441	322	426	901	0	0	19,059	n/a	19,089	-30
1957	31,834	761	481	356	246	998	0	0	19,034	n/a	19,091	-57
1958	32,193	683	358	272	391	1,122	0	0	18,504	n/a	18,574	-70
1959	32,591	391	504	345	694	841	0	0	18,174	310	18,619	-135
1960	32,869	377	485	217	533	941	0	0	17,081	2,544	18,988	637
1961	33,918	422	465	279	320	1,044	0	0	17,387	2,823	20,114	96
1962	35,338	380	597	247	393	1,007	0	0	17,454	3,262	20,071	645
1963	37,692	361	880	171	291	1,065	0	0	17,049	4,099	20,677	471
1964	39,619	612	820	229	321	1,036	0	0	18,086	4,151	21,663	574
1965	42,056	760	668	150	355	211	0	0	18,447	4,163	22,848	-238
1966	44,663	1,176	416	174	588	-147	0	0	19,779	4,310	24,321	-232
1967	47,226	1,344	1,123	135	653	-773	0	0	21,092	4,631	25,905	-182
1968	50,961	695	703	216	747	-1,353	0	0	21,818	4,921	27,439	-700
1969	53,950	596	1,312	134	807	0	0	1,919	22,085	5,187	28,173	-901
1970	57,093	431	1,156	148	1,233	0	0	1,986	24,150	5,423	30,033	-460
1971	61,068	460	2,020	294	999	0	0	2,131	27,788	5,743	32,496	1,035
1972	66,516	345	1,855	325	840	0	0	2,143	25,647	6,216	32,044	98
1973	72,497	317	2,542	251	1,149¹³	0	0	2,669	27,060	6,781	35,268	-1,360
1974	79,743	185	3,113	418	1,275 ¹³	0	0	2,935	25,843	7,370	37,011	-3,798
1975	86,547	483	7,285	353	1,090	0	0	2,968	26,052	8,036	35,197	-1,103 ¹⁴
1976	93,717	460	10,393	352	1,357	0	0	3,063	25,158	8,628	35,461	-1,535
1977	103,811	392	7,114	379	1,187	0	0	3,292	26,870	9,421	37,615	-1,265
1978	114,645	240	4,196	368	1,256	0	0	4,275	31,152	10,538	42,694	-893
1979	125,600	494	4,075	429	1,412	0	0	4,957	29,792	11,429	44,217	-2,835
1980	136,829	441	3,062	411	617	0	0	4,671	27,456	13,654	40,558	675
1981	144,774	443	4,301	505	781	0	117	5,261	25,111	15,576	42,145	-1,442
1982	154,908	429	5,033	328	1,033	0	436	4,990	26,053	16,666	41,391	1,328
1983	171,935	479	3,661	191	851	0	1,013	5,392	20,413	17,821	39,179	-945

8. Coin and paper currency held by the Treasury, as well as any gold in excess of the gold certificates issued to the Reserve Bank. Return to table

9. In November 1979 and thereafter, includes reserves of member banks, Edge Act corporations, and U.S. agencies and branches of foreign banks. On November 13, 1980, and thereafter, includes reserves of all depository institutions. Return to table

10. Between December 1, 1959, and November 23, 1960, part was allowed as reserves; thereafter, all was allowed. Return to table

11. Estimated through 1958. Before 1929, data were available only on call dates (in 1920 and 1922 the call date was December 29). Since September 12, 1968, the amount has been based on close-of-business figures for the reserve period two weeks before the report date. Return to table

12. For the week ending November 15, 1972, and thereafter, includes $450 million of reserve deficiencies on which Federal Reserve Banks are allowed to waive penalties for a transition period in connection with bank adaptation to Regulation J as amended, effective November 9, 1972. Allowable deficiencies are as follows (beginning with first statement week of quarter, in millions): 1973—Q1, $279; Q2, $172; Q3, $112; Q4, $84; 1974—Q1, $67; Q2, $58. The transition period ended with the second quarter of 1974. Return to table

13. For the period before July 1973, includes certain deposits of domestic nonmember banks and foreign-owned banking institutions held with member banks and redeposited in full with Federal Reserve Banks in connection with voluntary participation by nonmember institutions in the Federal Reserve System program of credit restraint. As of December 12, 1974, the amount of voluntary nonmember bank and foreign-agency and branch deposits at Federal Reserve Banks that are associated with marginal reserves is no longer reported. However, two amounts are reported: (1) deposits voluntarily held as reserves by agencies and branches of foreign banks operating in the United States and (2) Eurodollar liabilities. Return to table

14. Adjusted to include waivers of penalties for reserve deficiencies, in accordance with change in Board policy, effective November 19, 1975. Return to table

n/a Not applicable.

Millions of dollars, except as noted

Item	Total	Member banks			Nonmember banks
Item	Total	Total	National	State	Nonmember banks
2019
Assets
Loans and investments	12,443,509	10,118,248	7,977,652	2,140,595	2,325,261
Loans, gross	9,068,412	7,171,573	5,640,139	1,531,434	1,896,840
Net	9,066,365	7,170,232	5,639,086	1,531,147	1,896,133
Investments	3,375,097	2,946,675	2,337,514	609,161	428,422
U.S. government securities	517,970	490,846	421,415	69,430	27,125
Other	2,857,127	2,455,830	1,916,098	539,731	401,297
Cash assets, total	1,044,605	894,894	708,430	186,464	149,711
Liabilities
Deposits, total	11,764,419	9,668,697	7,666,782	2,001,915	2,095,722
Interbank	257,171	234,836	191,275	43,561	22,335
Other transactions	1,923,551	1,577,691	1,196,523	381,168	345,860
Other nontransactions	9,583,697	7,856,170	6,278,984	1,577,186	1,727,527
Equity capital	1,955,665	1,627,674	1,287,905	339,769	327,991
Number of banks	4,621	1,542	798	744	3,079
2018
Assets
Loans and investments	5,907,809	5,241,536	4,234,375	1,007,161	666,273
Loans, gross	2,675,200	2,429,625	2,010,677	418,948	245,575
Net	8,644,535	6,865,766	5,447,506	1,418,260	1,778,769
Investments	3,232,609	2,811,910	2,223,698	588,212	420,699
U.S. government securities	459,324	437,362	361,754	75,608	21,962
Other	2,773,285	2,374,548	1,861,944	512,604	398,737
Cash assets, total	1,316,967	1,175,060	949,841	225,219	141,907
Liabilities
Deposits, total	11,255,144	9,273,433	7,396,328	1,877,105	1,981,711
Interbank	276,635	254,325	216,231	38,093	22,311
Other transactions	1,870,726	1,527,427	1,148,234	379,193	343,299
Other nontransactions	9,107,783	7,491,681	6,031,862	1,459,819	1,616,102
Equity capital	1,846,258	1,547,855	1,237,179	310,676	298,402
Number of banks	4,824	1,613	850	763	3,211

Note: Includes U.S.-insured commercial banks located in the United States but not U.S.-insured commercial banks operating in U.S. territories or possessions. Data are domestic assets and liabilities (except for those components reported on a consolidated basis only). Components may not sum to totals because of rounding. Data for 2018 have been revised.

Percent of market value

Effective date	Margin stocks	Convertible bonds	Short sales, T only ¹
1934, Oct. 1	25–45	n/a n/a	n/a
1936, Feb. 1	25–55	n/a	n/a
1936, Apr. 1	55	n/a	n/a
1937, Nov. 1	40	n/a	50
1945, Feb. 5	50	n/a	50
1945, July 5	75	n/a	75
1946, Jan. 21	100	n/a	100
1947, Feb. 1	75	n/a	75
1949, Mar. 3	50	n/a	50
1951, Jan. 17	75	n/a	75
1953, Feb. 20	50	n/a	50
1955, Jan. 4	60	n/a	60
1955, Apr. 23	70	n/a	70
1958, Jan. 16	50	n/a	50
1958, Aug. 5	70	n/a	70
1958, Oct. 16	90	n/a	90
1960, July 28	70	n/a	70
1962, July 10	50	n/a	50
1963, Nov. 6	70	n/a	70
1968, Mar. 11	70	50	70
1968, June 8	80	60	80
1970, May 6	65	50	65
1971, Dec. 6	55	50	55
1972, Nov. 24	65	50	65
1974, Jan. 3	50	50	50

Note: These regulations, adopted by the Board of Governors pursuant to the Securities Exchange Act of 1934, limit the amount of credit that may be extended for the purpose of purchasing or carrying margin securities (as defined in the regulations) when the loan is collateralized by such securities. The margin requirement, expressed as a percentage, is the difference between the market value of the securities being purchased or carried (100 percent) and the maximum loan value of the collateral as prescribed by the Board. Regulation T was adopted effective October 1, 1934; Regulation U, effective May 1, 1936; and Regulation X, effective November 1, 1971. The former Regulation G, which was adopted effective March 11, 1968, was merged into Regulation U, effective April 1, 1998.

1. From October 1, 1934, to October 31, 1937, the requirement was the margin "customarily required" by the brokers and dealers. Return to table

n/a Not applicable.

Millions of dollars

Item	Total		Boston		New York		Philadelphia		Cleveland		Richmond
Item	2019	2018	2019	2018	2019	2018	2019	2018	2019	2018	2019	2018
Assets
Gold certificates	11,037	11,037	351	364	3,707	3,626	327	350	531	544	754	773
Special drawing rights certificates	5,200	5,200	196	196	1,818	1,818	210	210	237	237	412	412
Coin	1,657	1,726	40	41	41	39	146	148	100	124	220	236
Loans and securities
Primary, secondary, and seasonal loans	42	61	* *	8	10	*	0	*	0	*	0	*
Securities purchased under agreements to resell¹	255,619	0	5,303	0	139,458	0	6,190	0	7,479	0	15,643	0
Treasury securities, bought outright²	2,328,933	2,222,547	48,316	42,448	1,270,598	1,227,018	56,399	56,115	68,139	63,010	142,522	131,522
Government-sponsored enterprise debt securities, bought outright ²	2,347	2,409	49	46	1,280	1,330	57	61	69	68	144	142
Federal agency and government- sponsored enterprise mortgage-backed securities, bought outright³	1,408,677	1,637,123	29,225	31,267	768,533	903,819	34,113	41,334	41,214	46,413	86,206	96,879
Unamortized premiums on securities held outright⁴	124,577	140,083	2,584	2,676	67,965	77,336	3,017	3,536	3,645	3,972	7,624	8,290
Unamortized discounts on securities held outright ⁴	-13,284	-13,427	-276	-256	-7,247	-7,413	-322	-339	-389	-380	-813	-795
Total loans and securities	4,106,911	3,988,796	85,201	76,189	2,240,597	2,202,090	99,454	100,707	120,157	113,083	251,326	236,038
Accrued interest receivable - System Open Market Account	20,746	22,236	432	426	11,303	12,258	505	564	610	634	1,280	1,328
Foreign currency denominated investments⁵	20,711	20,906	892	890	6,572	6,590	1,197	1,188	1,653	1,687	4,416	4,517
Central bank liquidity swaps ⁶	3,728	4,207	161	179	1,183	1,326	215	239	298	340	795	909
Other SOMA assets	*	*	*	*	*	*	*	*	*	*	*	*
Other assets
Items in process of collection	82	236	0	*	*	*	1	*	*	0	*	0
Bank premises	2,211	2,218	105	109	463	468	92	82	119	118	193	195
All other assets⁷	1,358	1,318	43	50	335	324	29	29	56	55	307	283
Interdistrict settlement account	0	0	22,285	27,157	-164,555	-165,634	-16,586	-670	17,803	8,181	17,982	25,831
Total assets	4,173,641	4,057,880	109,706	105,601	2,101,464	2,062,905	85,590	102,847	141,564	125,003	277,685	270,522
Liabilities
Federal Reserve notes outstanding	1,955,848	1,861,768	60,820	57,940	639,066	615,087	57,605	54,893	94,047	88,686	133,974	125,630
Less: Notes held by Federal Reserve Bank	196,421	190,331	5,475	5,686	51,623	55,968	7,978	6,600	8,280	7,740	15,317	12,341
Federal Reserve notes outstanding, net	1,759,427	1,671,437	55,345	52,254	587,443	559,119	49,627	48,293	85,767	80,946	118,657	113,289
Securities sold under agreements to repurchase ¹	336,649	304,012	6,984	5,806	183,666	167,838	8,152	7,676	9,849	8,619	20,602	17,990
Deposits
Depository institutions	1,548,849	1,555,954	45,313	45,654	884,120	891,753	26,040	44,391	42,395	32,030	129,285	129,765
Treasury, general account	403,853	402,138	n/a	n/a	403,853	402,138	n/a	n/a	n/a	n/a	n/a	n/a
Foreign, official accounts	5,182	5,245	2	2	5,154	5,217	2	2	3	3	9	9
Other⁸	74,074	73,072	65	18	21,584	22,013	0	1	37	20	346	478
Total deposits	2,031,958	2,036,409	45,380	45,665	1,314,711	1,321,121	26,042	44,394	42,435	32,053	129,640	130,252
Other liabilities
Accrued remittances to the Treasury⁹	2,114	1,597	14	33	947	612	221	47	40	86	155	174
Deferred credit items	725	1,006	0	*	0	*	0	*	0	*	0	*
All other liabilities ¹⁰	4,245	4,259	154	157	1,751	1,789	162	174	181	173	500	467
Total liabilities	4,135,118	4,018,720	107,877	103,915	2,088,518	2,050,479	84,204	100,584	138,272	121,877	269,554	262,172
Capital accounts
Capital paid-in	31,698	32,335	1,505	1,393	10,653	10,260	1,141	1,869	2,709	2,581	6,690	6,895
Surplus (including accumulated other comprehensive loss)	6,825	6,825	324	293	2,294	2,166	246	394	583	545	1,441	1,455
Total liabilities and capital accounts	4,173,641	4,057,880	109,706	105,601	2,101,465	2,062,905	85,591	102,847	141,564	125,003	277,685	270,522

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

1. Contract amount of agreements. Return to table

2. Par value. Includes securities loaned—fully collateralized by U.S. Treasury securities, other investment-grade securities, and collateral eligible for tri-party repurchase agreements pledged with Federal Reserve Banks. Return to table

3. The par amount shown is the remaining principal balance of the securities. Return to table

4. 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. Return to table

5. Valued daily at market exchange rates. Return to table

6. 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. Return to table

7. Includes furniture and equipment, depository institution overdrafts, and net portfolio holdings of the consolidated variable interest entity. Return to table

8. Includes deposits of government-sponsored enterprises (GSEs), the Consumer Financial Protection Bureau, international organizations, and designated financial market utilities. Return to table

9. Represents the estimated weekly remittances to the U.S. Treasury. Return to table

10. Includes accrued benefit costs and cash collateral posted by counterparties under commitments to purchase and sell federal agency and GSE MBS. Return to table

* Less than $500,000.

n/a Not applicable.

Millions of dollars

Item	Atlanta		Chicago		St. Louis		Minneapolis		Kansas City		Dallas		San Francisco
Item	2019	2018	2019	2018	2019	2018	2019	2018	2019	2018	2019	2018	2019	2018
Assets
Gold certificates	1,560	1,491	711	739	328	334	186	199	292	307	890	905	1,400	1,405
Special drawing rights certificates	654	654	424	424	150	150	90	90	153	153	282	282	574	574
Coin	169	180	276	285	31	27	48	46	113	111	192	197	282	293
Loans and securities
Primary, secondary, and seasonal loans	1	6	19	33	1	1	9	13	1	*	*	*	1	*
Securities purchased under agreements to resell¹	17,477	0	13,418	0	3,674	0	2,212	0	3,790	0	11,099	0	29,875	0
Treasury securities, bought outright²	159,236	133,413	122,249	119,035	33,473	29,589	20,153	18,547	34,534	34,988	101,125	91,902	272,189	274,961
Government-sponsored enterprise debt securities, bought outright ²	160	145	123	129	34	32	20	20	35	38	102	100	274	298
Federal agency and government- sponsored enterprise mortgage-backed securities, bought outright ³	96,316	98,271	73,943	87,681	20,246	21,796	12,190	13,662	20,888	25,772	61,166	67,695	164,636	202,535
Unamortized premiums on securities held outright ⁴	8,518	8,409	6,539	7,503	1,790	1,865	1,078	1,169	1,847	2,205	5,409	5,792	14,560	17,331
Unamortized discounts on securities held outright ⁴	-908	-807	-697	-720	-191	-179	-115	-112	-197	-211	-577	-556	-1,553	-1,662
Total loans and securities	280,800	239,437	215,594	213,661	59,027	53,104	35,547	33,299	60,898	62,792	178,324	164,933	479,982	493,463
Accrued interest receivable - System Open Market Account	1,418	1,335	1,088	1,190	298	296	179	185	307	350	899	917	2,427	2,753
Foreign currency denominated investments ⁵	1,204	1,208	865	886	316	302	98	96	201	207	256	259	3,041	3,077
Central bank liquidity swaps⁶	217	243	156	178	57	61	18	19	36	42	46	52	547	619
Other assets
Items in process of collection	81	236	*	0	0	0	*	*	*	*	0	0	*	0
Bank premises	203	206	194	194	102	107	93	95	228	232	224	221	196	192
All other assets ⁷	80	84	46	47	107	105	66	62	103	84	57	55	130	136
Interdistrict settlement account	32,067	46,747	32,779	15,866	10,206	10,352	4,961	3,559	12,287	1,277	23,822	18,270	6,951	9,064
Total assets	318,453	291,821	252,133	233,470	70,622	64,838	41,286	37,650	74,618	65,555	204,992	186,091	495,530	511,576
Liabilities
Federal Reserve notes outstanding	273,526	262,457	126,522	121,764	59,561	56,057	31,925	31,497	54,132	49,969	164,272	150,909	260,398	246,879
Less: Notes held by Federal Reserve Bank	29,567	28,508	11,593	13,680	4,775	5,129	2,837	2,561	6,680	5,440	18,681	17,032	33,616	29,646
Federal Reserve notes outstanding, net	243,959	233,949	114,929	108,084	54,786	50,928	29,088	28,936	47,452	44,529	145,591	133,877	226,782	217,233
Securities sold under agreements to repurchase ¹	23,018	18,249	17,671	16,282	4,839	4,047	2,913	2,537	4,992	4,786	14,618	12,571	39,345	37,611
Deposits
Depository institutions	47,428	35,885	69,052	57,527	10,200	9,099	8,744	5,767	19,336	15,020	43,935	38,673	223,003	250,400
Treasury, general account	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Foreign, official accounts	2	3	2	2	1	1	*	*	*	*	*	*	6	6
Other ⁸	913	30	48,592	49,569	3	6	103	72	2,256	675	74	187	102	1
Total deposits	48,343	35,918	117,646	107,098	10,204	9,106	8,847	5,839	21,592	15,695	44,009	38,860	223,111	250,407
Other liabilities
Accrued remittances to the Treasury ⁹	256	170	90	75	41	35	3	20	13	43	123	96	212	207
Deferred credit items	713	1,006	0	0	0	0	*	0	12	*	0	0	0	0
All other liabilities ¹⁰	254	252	301	296	120	125	134	132	151	123	194	202	344	369
Total liabilities	316,543	289,544	250,637	231,835	69,990	64,241	40,985	37,464	74,212	65,176	204,535	185,606	489,794	505,827
Capital accounts
Capital paid-in	1,572	1,880	1,231	1,350	520	493	248	154	334	313	376	400	4,720	4,747
Surplus (including accumulated other comprehensive loss)	338	397	265	285	112	104	53	32	72	66	81	85	1,016	1,002
Total liabilities and capital accounts	318,453	291,821	252,133	233,470	70,622	64,838	41,286	37,650	74,618	65,555	204,992	186,091	495,530	511,576

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

1. Contract amount of agreements. Return to table

2. Par value. Includes securities loaned—fully collateralized by U.S. Treasury securities, other investment-grade securities, and collateral eligible for tri-party repurchase agreements pledged with Federal Reserve Banks. Return to table

3. The par amount shown is the remaining principal balance of the securities. Return to table

4. 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. Return to table

5. Valued daily at market exchange rates. Return to table

6. 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. Return to table

7. Includes furniture and equipment, depository institution overdrafts, and net portfolio holdings of the consolidated variable interest entity. Return to table

8. Includes deposits of government-sponsored enterprises (GSEs), the Consumer Financial Protection Bureau, international organizations, and designated financial market utilities. Return to table

9. Represents the estimated weekly remittances to the U.S. Treasury. Return to table

10. Includes accrued benefit costs and cash collateral posted by counterparties under commitments to purchase and sell federal agency and GSE MBS. Return to table

* Less than $500,000.

n/a Not applicable.

Millions of dollars

Item	Atlanta		Chicago		St. Louis		Minneapolis		Kansas City		Dallas		San Francisco
Item	2019	2018	2019	2018	2019	2018	2019	2018	2019	2018	2019	2018	2019	2018
Assets
Gold certificates	1,560	1,491	711	739	328	334	186	199	292	307	890	905	1,400	1,405
Special drawing rights certificates	654	654	424	424	150	150	90	90	153	153	282	282	574	574
Coin	169	180	276	285	31	27	48	46	113	111	192	197	282	293
Loans and securities
Primary, secondary, and seasonal loans	1	6	19	33	1	1	9	13	1	*	*	*	1	*
Securities purchased under agreements to resell ¹	17,477	0	13,418	0	3,674	0	2,212	0	3,790	0	11,099	0	29,875	0
Treasury securities, bought outright ²	159,236	133,413	122,249	119,035	33,473	29,589	20,153	18,547	34,534	34,988	101,125	91,902	272,189	274,961
Government-sponsored enterprise debt securities, bought outright ²	160	145	123	129	34	32	20	20	35	38	102	100	274	298
Federal agency and government- sponsored enterprise mortgage-backed securities, bought outright ³	96,316	98,271	73,943	87,681	20,246	21,796	12,190	13,662	20,888	25,772	61,166	67,695	164,636	202,535
Unamortized premiums on securities held outright⁴	8,518	8,409	6,539	7,503	1,790	1,865	1,078	1,169	1,847	2,205	5,409	5,792	14,560	17,331
Unamortized discounts on securities held outright ⁴	-908	-807	-697	-720	-191	-179	-115	-112	-197	-211	-577	-556	-1,553	-1,662
Total loans and securities	280,800	239,437	215,594	213,661	59,027	53,104	35,547	33,299	60,898	62,792	178,324	164,933	479,982	493,463
Accrued interest receivable - System Open Market Account	1,418	1,335	1,088	1,190	298	296	179	185	307	350	899	917	2,427	2,753
Foreign currency denominated investments ⁵	1,204	1,208	865	886	316	302	98	96	201	207	256	259	3,041	3,077
Central bank liquidity swaps⁶	217	243	156	178	57	61	18	19	36	42	46	52	547	619
Other assets
Items in process of collection	81	236	*	0	0	0	*	*	*	*	0	0	*	0
Bank premises	203	206	194	194	102	107	93	95	228	232	224	221	196	192
All other assets ⁷	80	84	46	47	107	105	66	62	103	84	57	55	130	136
Interdistrict settlement account	32,067	46,747	32,779	15,866	10,206	10,352	4,961	3,559	12,287	1,277	23,822	18,270	6,951	9,064
Total assets	318,453	291,821	252,133	233,470	70,622	64,838	41,286	37,650	74,618	65,555	204,992	186,091	495,530	511,576
Liabilities
Federal Reserve notes outstanding	273,526	262,457	126,522	121,764	59,561	56,057	31,925	31,497	54,132	49,969	164,272	150,909	260,398	246,879
Less: Notes held by Federal Reserve Bank	29,567	28,508	11,593	13,680	4,775	5,129	2,837	2,561	6,680	5,440	18,681	17,032	33,616	29,646
Federal Reserve notes outstanding, net	243,959	233,949	114,929	108,084	54,786	50,928	29,088	28,936	47,452	44,529	145,591	133,877	226,782	217,233
Securities sold under agreements to repurchase ¹	23,018	18,249	17,671	16,282	4,839	4,047	2,913	2,537	4,992	4,786	14,618	12,571	39,345	37,611
Deposits
Depository institutions	47,428	35,885	69,052	57,527	10,200	9,099	8,744	5,767	19,336	15,020	43,935	38,673	223,003	250,400
Treasury, general account	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Foreign, official accounts	2	3	2	2	1	1	*	*	*	*	*	*	6	6
Other ⁸	913	30	48,592	49,569	3	6	103	72	2,256	675	74	187	102	1
Total deposits	48,343	35,918	117,646	107,098	10,204	9,106	8,847	5,839	21,592	15,695	44,009	38,860	223,111	250,407
Other liabilities
Accrued remittances to the Treasury⁹	256	170	90	75	41	35	3	20	13	43	123	96	212	207
Deferred credit items	713	1,006	0	0	0	0	*	0	12	*	0	0	0	0
All other liabilities ¹⁰	254	252	301	296	120	125	134	132	151	123	194	202	344	369
Total liabilities	316,543	289,544	250,637	231,835	69,990	64,241	40,985	37,464	74,212	65,176	204,535	185,606	489,794	505,827
Capital accounts
Capital paid-in	1,572	1,880	1,231	1,350	520	493	248	154	334	313	376	400	4,720	4,747
Surplus (including accumulated other comprehensive loss)	338	397	265	285	112	104	53	32	72	66	81	85	1,016	1,002
Total liabilities and capital accounts	318,453	291,821	252,133	233,470	70,622	64,838	41,286	37,650	74,618	65,555	204,992	186,091	495,530	511,576

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

1. Contract amount of agreements. Return to table

2. Par value. Includes securities loaned—fully collateralized by U.S. Treasury securities, other investment-grade securities, and collateral eligible for tri-party repurchase agreements pledged with Federal Reserve Banks. Return to table

3. The par amount shown is the remaining principal balance of the securities. Return to table

4. 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. Return to table

5. Valued daily at market exchange rates. Return to table

6. 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. Return to table

7. Includes furniture and equipment and depository institution overdrafts. Return to table

8. Includes deposits of government-sponsored enterprises (GSEs), the Consumer Financial Protection Bureau, international organizations, and designated financial market utilities. Return to table

9. Represents the estimated weekly remittances to the U.S. Treasury. Return to table

10. Includes accrued benefit costs and cash collateral posted by counterparties under commitments to purchase and sell federal agency and GSE MBS. Return to table

* Less than $500,000.

Millions of dollars

Item	2019	2018
Federal Reserve notes outstanding	1,955,848	1,861,768
Less: Notes held by Federal Reserve Banks not subject to collateralization	196,421	190,331
Collateralized Federal Reserve notes	1,759,427	1,671,437

Collateral for Federal Reserve notes
Gold certificates	11,037	11,037
Special drawing rights certificates	5,200	5,200
U.S. Treasury securities ¹	1,743,190	1,655,200
Total collateral	1,759,427	1,671,437

1. Face value. Includes compensation to adjust for the effect of inflation on the original face value of inflation-indexed securities. Return to table

Thousands of dollars

Item	Total	Boston	New York	Philadelphia	Cleveland	Richmond	Atlanta	Chicago	St. Louis	Minneapolis	Kansas City	Dallas	San Francisco
Current income
Interest income
Primary, secondary, and seasonal loans	1,325	60	49	5	4	12	130	191	125	607	14	40	87
Interest income on securities purchased under agreements to resell	970,663	20,138	529,566	23,506	28,399	59,401	66,367	50,951	13,951	8,399	14,393	42,147	113,444
Treasury securities	58,532,028	1,189,126	32,032,863	1,433,217	1,698,627	3,551,057	3,874,383	3,088,735	825,060	501,777	881,912	2,509,855	6,945,416
Government-sponsored enterprise debt securities, net	136,891	2,776	74,937	3,355	3,970	8,299	9,035	7,227	1,926	1,173	2,065	5,863	16,265
Federal agency and government- sponsored enterprise mortgage-backed securities, net	43,123,881	872,008	23,616,587	1,058,493	1,249,223	2,611,251	2,833,761	2,278,294	605,239	368,923	652,023	1,844,011	5,134,066
Foreign currency denominated investments, net	-33,041	-1,419	-10,469	-1,902	-2,644	-7,066	-1,919	-1,384	-498	-156	-322	-409	-4,854
Central bank liquidity swaps¹	6,629	285	2,099	381	531	1,419	385	278	99	31	65	82	974
Total interest income	102,738,376	2,082,974	56,245,632	2,517,055	2,978,110	6,224,373	6,782,142	5,424,292	1,445,902	880,754	1,550,150	4,401,589	12,205,398
Income from priced services	443,562	0	119,974	0	0	0	234,278	89,311	0	0	0	0	0
Securities lending fees	34,058	693	18,636	834	989	2,067	2,258	1,797	481	292	513	1,461	4,038
Other income	4,439	56	3,744	22	12	42	40	195	42	92	64	56	73
Total other income	482,059	749	142,354	856	1,001	2,109	236,576	91,303	523	384	577	1,517	4,111
Total current income	103,220,435	2,083,723	56,387,986	2,517,911	2,979,111	6,226,482	7,018,718	5,515,595	1,446,425	881,138	1,550,727	4,403,106	12,209,509
Net expenses
Personnel
Salaries and other personnel expenses	2,615,082	142,397	582,265	111,220	118,245	360,493	209,522	215,535	166,510	114,599	208,689	140,072	245,535
Retirement and other benefits	904,830	45,420	214,301	35,810	40,204	117,732	71,042	74,148	53,518	41,309	70,541	54,111	86,696
Administrative
Fees	441,629	15,237	48,841	13,111	6,561	291,298	15,524	7,783	10,003	5,450	17,294	2,733	7,796
Travel	109,826	5,253	15,465	3,672	5,825	14,993	10,604	12,223	6,253	4,058	10,194	6,647	14,639
Postage and other shipping costs	14,033	350	1,536	172	1,429	429	2,401	189	614	243	1,051	2,291	3,328
Communications	40,549	886	4,000	661	552	26,592	1,295	1,982	1,064	390	1,003	947	1,177
Materials and supplies	76,511	4,748	22,241	9,976	3,429	6,294	5,032	5,444	2,736	1,851	5,248	3,616	5,897
Building
Taxes on real estate	55,583	8,433	15,366	1,629	1,724	2,774	2,831	4,680	1,444	4,198	4,129	3,420	4,956
Property depreciation	145,742	12,499	30,249	8,759	8,538	14,402	11,785	15,507	8,223	3,922	8,762	9,649	13,446
Utilities	34,926	3,823	8,107	1,589	1,352	3,952	2,623	2,082	1,662	1,935	2,651	2,371	2,779
Rent	33,034	599	1,880	197	1,038	22,135	293	1,196	3,612	191	713	736	443
Other building	78,054	8,573	15,506	4,090	5,289	7,816	4,888	8,781	2,386	3,176	3,586	6,104	7,858
Equipment/software
Purchases	39,611	2,307	5,900	1,620	2,370	8,390	2,969	2,560	1,368	1,923	4,935	1,785	3,484
Rentals	3,234	302	1,050	234	295	349	283	537	39	58	10	43	33
Depreciation	80,866	1,671	6,282	1,958	1,972	49,026	3,232	3,435	1,693	1,101	3,001	2,981	4,513
Repairs and maintenance	69,599	2,269	4,905	1,969	2,353	32,550	5,868	3,663	1,549	1,295	2,551	3,824	6,805
Software	280,978	5,716	48,255	3,876	9,287	126,024	10,672	7,627	8,530	4,192	25,257	8,255	23,284
Other expenses
Other expenses	101,322	7,443	172,546	18,348	18,362	-547,915	152,344	53,775	162,235	2,451	-4,976	24,810	41,901
Recoveries	-364,817	-45,139	-41,519	-19,456	-8,673	-54,903	-10,279	-26,197	-12,370	-16,731	-44,932	-30,239	-54,379
Expenses capitalized ²	-70,967	-127	-18,875	-1,967	-6,816	-3,838	-2,361	-2,080	-196	-2,185	-17,459	-2,311	-12,753
Total operating expenses before pension expense and reimbursements	4,689,625	222,660	1,138,301	197,468	213,336	478,593	500,568	392,870	420,873	173,426	302,248	241,845	407,438
System pension service costs ³	510,402	0	510,402	0	0	0	0	0	0	0	0	0	0
Reimbursements	-728,453	-24,149	-158,882	-5,094	-49,770	-37,333	-25,127	-4,433	-255,695	-42,443	-101,913	-21,459	-2,156
Operating expenses	4,471,574	198,511	1,489,821	192,374	163,566	441,260	475,441	388,437	165,178	130,983	200,335	220,386	405,282
Interest expense on securities sold under agreements to repurchase	6,011,580	121,904	3,290,856	147,341	174,334	364,436	396,774	317,378	84,593	51,493	90,703	257,492	714,275
Interest on reserves	34,937,271	632,552	20,482,509	798,034	730,943	2,391,847	893,367	2,017,340	191,610	152,521	339,338	891,868	5,415,342
Interest on term deposits	1,923	32	717	217	117	115	41	352	0	0	0	0	332
Other expenses	1,477	31	806	36	43	90	101	78	21	13	22	64	173
Net expenses	45,423,825	953,030	25,264,709	1,138,002	1,069,003	3,197,748	1,765,724	2,723,585	441,402	335,010	630,398	1,369,810	6,535,404
Current net income	57,796,610	1,130,693	31,123,277	1,379,909	1,910,108	3,028,734	5,252,994	2,792,010	1,005,023	546,128	920,329	3,033,296	5,674,105
Additions to (+) and deductions from (-) current net income
Profit on sales of Treasury securities	34	1	19	1	1	2	2	2	0	0	1	1	4
Profit on sales of federal agency and government-sponsored enterprise mortgage-backed securities	9,325	194	5,087	226	273	571	638	489	134	81	138	405	1,090
Foreign currency translation gains (losses)	-168,438	-7,088	-52,768	-9,416	-13,733	-36,823	-9,677	-7,241	-2,304	-747	-1,704	-2,086	-24,851
Other components of net benefit cost	-9,829	-3,607	27,359	-3,079	-4,067	-7,363	-2,610	-4,750	481	-4,102	-3,508	-44	-4,538
Other additions ⁴	328	4	60	15	4	11	188	20	2	1	2	14	7
Other deductions ⁴	-878	-4	-682	13	-4	-92	-19	-110	9	9	14	25	-37
Net additions or deductions to current net income	-169,458	-10,500	-20,925	-12,240	-17,526	-43,694	-11,478	-11,590	-1,678	-4,758	-5,057	-1,685	-28,325
Cost of unreimbursed Treasury services	0	0	0	0	0	0	0	0	0	0	0	0	0
Assessments by Board
Board expenditures ⁵	814,000	36,161	267,083	38,220	65,999	171,454	47,355	33,257	12,570	3,892	8,063	10,109	119,836
Cost of currency	836,975	33,505	171,617	34,949	52,487	71,344	125,939	71,209	27,453	16,493	24,946	70,843	136,191
Consumer Financial Protection Bureau ⁶	518,600	22,830	169,963	24,731	41,962	109,275	30,053	21,201	8,053	2,454	5,133	6,436	76,508
Assessments by the Board of Governors	2,169,575	92,496	608,663	97,900	160,448	352,073	203,347	125,667	48,076	22,839	38,142	87,388	332,535
Net income before providing for remittances to the Treasury	55,457,577	1,027,697	30,493,689	1,269,769	1,732,134	2,632,967	5,038,169	2,654,753	955,269	518,531	877,130	2,944,223	5,313,245
Earnings remittances to the Treasury, as required by the Federal Reserve Act	54,892,569	974,035	30,268,621	1,392,325	1,644,146	2,497,641	5,064,391	2,635,949	940,104	501,447	846,862	2,947,298	5,179,750
Net income after providing for remittances to the Treasury	565,008	53,662	225,068	-122,556	87,988	135,326	-26,222	18,804	15,165	17,084	30,268	-3,075	133,495
Other comprehensive income (loss)	148,923	8,185	122,490	7,911	5,604	-10,829	12,142	-4,292	8,187	10,230	-11,330	17,182	-16,555
Comprehensive income	713,931	61,847	347,558	-114,645	93,592	124,497	-14,080	14,512	23,352	27,314	18,938	14,107	116,940
Distribution of comprehensive income
Dividends on capital stock	713,931	31,831	219,534	34,093	55,216	139,286	44,332	34,416	15,546	6,321	13,046	17,528	102,781
Transferred to/from surplus and change in accumulated other comprehensive income	0	30,013	128,024	-148,739	38,371	-14,790	-58,411	-19,903	7,807	20,991	5,893	-3,417	14,161
Earnings remittances to the Treasury	54,892,569	974,035	30,268,621	1,392,325	1,644,146	2,497,641	5,064,391	2,635,949	940,104	501,447	846,862	2,947,298	5,179,750
Total distribution of net income	55,606,500	1,035,879	30,616,179	1,277,679	1,737,733	2,622,137	5,050,312	2,650,462	963,457	528,759	865,801	2,961,409	5,296,692

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

1. Represents interest income recognized on swap agreements with foreign central banks. Return to table

2. Includes expenses for labor and materials capitalized and depreciated or amortized as charges to activities in the periods benefited. Return to table

3. Reflects the effect of the Financial Accounting Standards Board's Codification Topic (ASC 715) Compensation-Retirement Benefits. Pension service costs for the System Retirement Plan is recorded on behalf of the System in the books of the FRBNY. Return to table

4. Includes the portion of the consolidated variable interest entity's net income recorded by the FRBNY. The amount includes interest income, realized and unrealized gains and losses, and professional fees. Return to table

5. For additional details, see the "Board of Governors Financial Statements." Return to table

6. The Board of Governors assesses the Reserve Banks to fund the operations of the Consumer Financial Protection Bureau. These assessments are allocated to each Reserve Bank based on each Reserve Bank's capital and surplus balances as of the most recent quarter. Return to table

Thousands of dollars

Federal Reserve Bank and period	Current income	Net expenses	Net additions or deductions (-) ¹	Assessments by the Board of Governors			Other compre- hensive income (loss)	Dividends paid	Distributions to the U.S. Treasury		Trans- ferred to/from surplus ⁴	Transferred to/from surplus and change in accu- mulated other compre- hensive income ⁵
Federal Reserve Bank and period	Current income	Net expenses	Net additions or deductions (-) ¹	Board expend- itures	Costs of currency	Consumer Financial Protection Bureau and Office of Financial Research ²	Other compre- hensive income (loss)	Dividends paid	Statutory transfers³	Interest on Federal Reserve notes	Trans- ferred to/from surplus ⁴
All banks
1914–15	2,173	2,018	6	302	n/an/a	n/a	n/a	217	n/a	n/a	n/a	n/a
1916	5,218	2,082	-193	192	n/a	n/a	n/a	1,743	n/a	n/a	n/a	n/a
1917	16,128	4,922	-1,387	238	n/a	n/a	n/a	6,804	1,134	n/a	n/a	1,134
1918	67,584	10,577	-3,909	383	n/a	n/a	n/a	5,541	n/a	n/a	n/a	48,334
1919	102,381	18,745	-4,673	595	n/a	n/a	n/a	5,012	2,704	n/a	n/a	70,652
1920	181,297	27,549	-3,744	710	n/a	n/a	n/a	5,654	60,725	n/a	n/a	82,916
1921	122,866	33,722	-6,315	741	n/a	n/a	n/a	6,120	59,974	n/a	n/a	15,993
1922	50,499	28,837	-4,442	723	n/a	n/a	n/a	6,307	10,851	n/a	n/a	-660
1923	50,709	29,062	-8,233	703	n/a	n/a	n/a	6,553	3,613	n/a	n/a	2,546
1924	38,340	27,768	-6,191	663	n/a	n/a	n/a	6,682	114	n/a	n/a	-3,078
1925	41,801	26,819	-4,823	709	n/a	n/a	n/a	6,916	59	n/a	n/a	2,474
1926	47,600	24,914	-3,638	722	1,714	n/a	n/a	7,329	818	n/a	n/a	8,464
1927	43,024	24,894	-2,457	779	1,845	n/a	n/a	7,755	250	n/a	n/a	5,044
1928	64,053	25,401	-5,026	698	806	n/a	n/a	8,458	2,585	n/a	n/a	21,079
1929	70,955	25,810	-4,862	782	3,099	n/a	n/a	9,584	4,283	n/a	n/a	22,536
1930	36,424	25,358	-93	810	2,176	n/a	n/a	10,269	17	n/a	n/a	-2,298
1931	29,701	24,843	311	719	1,479	n/a	n/a	10,030	n/a	n/a	n/a	-7,058
1932	50,019	24,457	-1,413	729	1,106	n/a	n/a	9,282	2,011	n/a	n/a	11,021
1933	49,487	25,918	-12,307	800	2,505	n/a	n/a	8,874	n/a	n/a	n/a	-917
1934	48,903	26,844	-4,430	1,372	1,026	n/a	n/a	8,782	n/a	n/a	-60	6,510
1935	42,752	28,695	-1,737	1,406	1,477	n/a	n/a	8,505	298	n/a	28	607
1936	37,901	26,016	486	1,680	2,178	n/a	n/a	7,830	227	n/a	103	353
1937	41,233	25,295	-1,631	1,748	1,757	n/a	n/a	7,941	177	n/a	67	2,616
1938	36,261	25,557	2,232	1,725	1,630	n/a	n/a	8,019	120	n/a	-419	1,862
1939	38,501	25,669	2,390	1,621	1,356	n/a	n/a	8,110	25	n/a	-426	4,534
1940	43,538	25,951	11,488	1,704	1,511	n/a	n/a	8,215	82	n/a	-54	17,617
1941	41,380	28,536	721	1,840	2,588	n/a	n/a	8,430	141	n/a	-4	571
1942	52,663	32,051	-1,568	1,746	4,826	n/a	n/a	8,669	198	n/a	50	3,554
1943	69,306	35,794	23,768	2,416	5,336	n/a	n/a	8,911	245	n/a	135	40,327
1944	104,392	39,659	3,222	2,296	7,220	n/a	n/a	9,500	327	n/a	201	48,410
1945	142,210	41,666	-830	2,341	4,710	n/a	n/a	10,183	248	n/a	262	81,970
1946	150,385	50,493	-626	2,260	4,482	n/a	n/a	10,962	67	n/a	28	81,467
1947	158,656	58,191	1,973	2,640	4,562	n/a	n/a	11,523	36	75,284	87	8,366
1948	304,161	64,280	-34,318	3,244	5,186	n/a	n/a	11,920	n/a	166,690	n/a	18,523
1949	316,537	67,931	-12,122	3,243	6,304	n/a	n/a	12,329	n/a	193,146	n/a	21,462
1950	275,839	69,822	36,294	3,434	7,316	n/a	n/a	13,083	n/a	196,629	n/a	21,849
1951	394,656	83,793	-2,128	4,095	7,581	n/a	n/a	13,865	n/a	254,874	n/a	28,321
1952	456,060	92,051	1,584	4,122	8,521	n/a	n/a	14,682	n/a	291,935	n/a	46,334
1953	513,037	98,493	-1,059	4,100	10,922	n/a	n/a	15,558	n/a	342,568	n/a	40,337
1954	438,486	99,068	-134	4,175	6,490	n/a	n/a	16,442	n/a	276,289	n/a	35,888
1955	412,488	101,159	-265	4,194	4,707	n/a	n/a	17,712	n/a	251,741	n/a	32,710
1956	595,649	110,240	-23	5,340	5,603	n/a	n/a	18,905	n/a	401,556	n/a	53,983
1957	763,348	117,932	-7,141	7,508	6,374	n/a	n/a	20,081	n/a	542,708	n/a	61,604
1958	742,068	125,831	124	5,917	5,973	n/a	n/a	21,197	n/a	524,059	n/a	59,215
1959	886,226	131,848	98,247	6,471	6,384	n/a	n/a	22,722	n/a	910,650	n/a	-93,601
1960	1,103,385	139,894	13,875	6,534	7,455	n/a	n/a	23,948	n/a	896,816	n/a	42,613
1961	941,648	148,254	3,482	6,265	6,756	n/a	n/a	25,570	n/a	687,393	n/a	70,892
1962	1,048,508	161,451	-56	6,655	8,030	n/a	n/a	27,412	n/a	799,366	n/a	45,538
1963	1,151,120	169,638	615	7,573	10,063	n/a	n/a	28,912	n/a	879,685	n/a	55,864
1964	1,343,747	171,511	726	8,655	17,230	n/a	n/a	30,782	n/a	1,582,119	n/a	-465,823
1965	1,559,484	172,111	1,022	8,576	23,603	n/a	n/a	32,352	n/a	1,296,810	n/a	27,054
1966	1,908,500	178,212	996	9,022	20,167	n/a	n/a	33,696	n/a	1,649,455	n/a	18,944
1967	2,190,404	190,561	2,094	10,770	18,790	n/a	n/a	35,027	n/a	1,907,498	n/a	29,851
1968	2,764,446	207,678	8,520	14,198	20,474	n/a	n/a	36,959	n/a	2,463,629	n/a	30,027
1969	3,373,361	237,828	-558	15,020	22,126	n/a	n/a	39,237	n/a	3,019,161	n/a	39,432
1970	3,877,218	276,572	11,442	21,228	23,574	n/a	n/a	41,137	n/a	3,493,571	n/a	32,580
1971	3,723,370	319,608	94,266	32,634	24,943	n/a	n/a	43,488	n/a	3,356,560	n/a	40,403
1972	3,792,335	347,917	-49,616	35,234	31,455	n/a	n/a	46,184	n/a	3,231,268	n/a	50,661
1973	5,016,769	416,879	-80,653	44,412	33,826	n/a	n/a	49,140	n/a	4,340,680	n/a	51,178
1974	6,280,091	476,235	-78,487	41,117	30,190	n/a	n/a	52,580	n/a	5,549,999	n/a	51,483
1975	6,257,937	514,359	-202,370	33,577	37,130	n/a	n/a	54,610	n/a	5,382,064	n/a	33,828
1976	6,623,220	558,129	7,311	41,828	48,819	n/a	n/a	57,351	n/a	5,870,463	n/a	53,940
1977	6,891,317	568,851	-177,033	47,366	55,008	n/a	n/a	60,182	n/a	5,937,148	n/a	45,728
1978	8,455,309	592,558	-633,123	53,322	60,059	n/a	n/a	63,280	n/a	7,005,779	n/a	47,268
1979	10,310,148	625,168	-151,148	50,530	68,391	n/a	n/a	67,194	n/a	9,278,576	n/a	69,141
1980	12,802,319	718,033	-115,386	62,231	73,124	n/a	n/a	70,355	n/a	11,706,370	n/a	56,821
1981	15,508,350	814,190	-372,879	63,163	82,924	n/a	n/a	74,574	n/a	14,023,723	n/a	76,897
1982	16,517,385	926,034	-68,833	61,813	98,441	n/a	n/a	79,352	n/a	15,204,591	n/a	78,320
1983	16,068,362	1,023,678	-400,366	71,551	152,135	n/a	n/a	85,152	n/a	14,228,816	n/a	106,663
1984	18,068,821	1,102,444	-412,943	82,116	162,606	n/a	n/a	92,620	n/a	16,054,095	n/a	161,996
1985	18,131,983	1,127,744	1,301,624	77,378	173,739	n/a	n/a	103,029	n/a	17,796,464	n/a	155,253
1986	17,464,528	1,156,868	1,975,893	97,338	180,780	n/a	n/a	109,588	n/a	17,803,895	n/a	91,954
1987	17,633,012	1,146,911	1,796,594	81,870	170,675	n/a	n/a	117,499	n/a	17,738,880	n/a	173,771
1988	19,526,431	1,205,960	-516,910	84,411	164,245	n/a	n/a	125,616	n/a	17,364,319	n/a	64,971
1989	22,249,276	1,332,161	1,254,613	89,580	175,044	n/a	n/a	129,885	n/a	21,646,417	n/a	130,802
1990	23,476,604	1,349,726	2,099,328	103,752	193,007	n/a	n/a	140,758	n/a	23,608,398	n/a	180,292
1991	22,553,002	1,429,322	405,729	109,631	261,316	n/a	n/a	152,553	n/a	20,777,552	n/a	228,356
1992	20,235,028	1,474,531	-987,788	128,955	295,401	n/a	n/a	171,763	n/a	16,774,477	n/a	402,114
1993	18,914,251	1,657,800	-230,268	140,466	355,947	n/a	n/a	195,422	n/a	15,986,765	n/a	347,583
1994	20,910,742	1,795,328	2,363,862	146,866	368,187	n/a	n/a	212,090	n/a	20,470,011	n/a	282,122
1995	25,395,148	1,818,416	857,788	161,348	370,203	n/a	n/a	230,527	n/a	23,389,367	n/a	283,075
1996	25,164,303	1,947,861	-1,676,716	162,642	402,517	n/a	n/a	255,884	5,517,716	14,565,624	n/a	635,343
1997	26,917,213	1,976,453	-2,611,570	174,407	364,454	n/a	n/a	299,652	20,658,972	0	n/a	831,705
1998	28,149,477	1,833,436	1,906,037	178,009	408,544	n/a	n/a	343,014	17,785,942	8,774,994	n/a	731,575
1999	29,346,836	1,852,162	-533,557	213,790	484,959	n/a	n/a	373,579	n/a	25,409,736	n/a	479,053
2000	33,963,992	1,971,688	-1,500,027	188,067	435,838	n/a	n/a	409,614	n/a	25,343,892	n/a	4,114,865
2001	31,870,721	2,084,708	-1,117,435	295,056	338,537	n/a	n/a	428,183	n/a	27,089,222	n/a	517,580
2002	26,760,113	2,227,078	2,149,328	205,111	429,568	n/a	n/a	483,596	n/a	24,495,490	n/a	1,068,598
2003	23,792,725	2,462,658	2,481,127	297,020	508,144	n/a	n/a	517,705	n/a	22,021,528	n/a	466,796
2004	23,539,942	2,238,705	917,870	272,331	503,784	n/a	n/a	582,402	n/a	18,078,003	n/a	2,782,587
2005	30,729,357	2,889,544	-3,576,903	265,742	477,087	n/a	n/a	780,863	n/a	21,467,545	n/a	1,271,672
2006	38,410,427	3,263,844	-158,846	301,014	491,962	n/a	n/a	871,255	n/a	29,051,678	n/a	4,271,828
2007	42,576,025	3,510,206	198,417	296,125	576,306	n/a	324,481	992,353	n/a	34,598,401	n/a	3,125,533
2008	41,045,582	4,870,374	3,340,628	352,291	500,372	n/a	-3,158,808	1,189,626	n/a	31,688,688	n/a	2,626,053
2009	54,463,121	5,978,795	4,820,204	386,400	502,044	n/a	1,006,813	1,428,202	n/a	47,430,237	n/a	4,564,460
2010	79,300,937	6,270,420	9,745,562	422,200	622,846	42,286	45,881	1,582,785	n/a	79,268,124	n/a	883,724
2011	85,241,366	7,316,643	2,015,991	472,300	648,798	281,712	-1,161,848	1,577,284	n/a	75,423,597	n/a	375,175
2012	81,586,102	7,798,353	18,380,835	490,001	722,301	387,279	-52,611	1,637,934	n/a	88,417,936	n/a	460,528
2013	91,149,953	9,134,656	-1,029,750	580,000	701,522	563,200	2,288,811	1,649,277	n/a	79,633,271	n/a	147,088
2014	116,561,512	10,714,872	-2,718,283	590,000	710,807	563,000	-1,611,569	1,685,826	n/a	96,901,695	n/a	1,064,952
2015	114,233,676	11,139,956	-1,305,513	705,000	689,288	489,700	366,145	1,742,745	25,955,921	91,143,493	n/a	-18,571,798
2016	111,743,998	17,262,620	-114,255	709,000	700,728	596,200	-183,232	711,423	91,466,545	n/a	n/a	0
2017	114,193,573	33,397,138	1,932,579	740,000	723,534	573,000	650,808	783,599	80,559,689	n/a	n/a	0
2018	112,861,657	47,353,636	-382,959	838,000	848,807	337,100	41,831	998,703	65,319,280	n/a	n/a	-3,175,000
2019	103,220,435	45,423,825	-169,458	814,000	836,975	518,600	148,923	713,931	54,892,569	n/a	n/a	0
Total 1914–2019	1,859,067,579	263,518,750	38,755,794	12,100,117	17,616,339	4,352,077	-1,294,375	25,432,465	362,307,962	1,198,433,402	-4	12,767,389 ⁶
Aggregate for each Bank, 1914–2019
Boston	65,973,589	8,219,667	340,881	521,521	929,677	191,745	10,102	1,113,181	9,988,048	44,842,511	135	518,083
New York	856,418,690	125,175,009 ⁷	26,384,879	3,462,097	4,572,887	1,396,927	-1,538,626	7,208,088	189,648,198	545,077,826	-433	4,724,342
Philadelphia	57,968,288	8,588,603	798,154	735,853	804,373	282,117	24,733	1,755,905	9,904,334	36,308,189	291	411,507
Cleveland	75,575,047	8,181,718	709,814	913,714	1,015,321	341,535	19,311	1,901,116	13,446,504	49,612,575	-10	891,692
Richmond	134,046,547	19,104,403	2,312,256	2,328,855	1,511,424	929,152	44,164	5,136,994	23,575,455	81,295,580	-72	2,521,180
Atlanta	122,416,296	17,428,190	1,739,784	796,118	1,951,989	248,373	44,585	1,650,852	25,849,672	75,616,315	5	659,155
Chicago	148,534,529	18,294,511	1,902,122	781,847	1,797,643	143,960	31,218	1,495,804	17,463,545	109,806,844	12	683,716
St. Louis	43,723,479	5,218,366	433,135	194,439	607,382	46,021	34,361	391,245	6,348,165	31,149,772	-27	235,623
Minneapolis	24,189,485	5,018,028	425,506	209,741	344,712	24,127	16,417	457,657	2,929,517	15,436,029	65	211,534
Kansas City	48,675,144	7,467,982	587,939	220,280	619,636	43,683	-14,468	435,806	5,790,171	34,476,668	-9	194,396
Dallas	75,866,715	9,599,380	1,099,942	323,209	1,105,103	62,361	31,456	627,570	15,141,636	49,889,286	55	249,026
San Francisco	205,679,759	31,222,895	2,021,380	1,612,448	2,356,190	642,081	2,374	3,258,246	42,222,720	124,921,807	-17	1,467,138
Total	1,859,067,579	263,518,750	38,755,794	12,100,117	17,616,339	4,352,077	-1,294,375	25,432,465	362,307,962	1,198,433,402	-4	12,767,389

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

1. For 1987 and subsequent years, includes the cost of services provided to the Treasury by Federal Reserve Banks for which reimbursement was not received. Return to table

2. Starting in 2010, as required under the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, the Board of Governors began assessing the Reserve Banks to fund the operations of the Consumer Financial Protection Bureau and, for a two-year period beginning July 21, 2010, the Office of Financial Research. These assessments are allocated to the Reserve Banks based on each Reserve Bank's capital and surplus balances as of the most recent quarter. Return to table

3. Represents transfers made as a franchise tax from 1917 through 1932; transfers made under section 13b of the Federal Reserve Act from 1935 through 1947; transfers made under section 7 of the Federal Reserve Act for 1996, 1997, and 2015–19. Return to table

4. Transfers made under section 13b of the Federal Reserve Act. Return to table

5. Transfers made under section 7 of the Federal Reserve Act. Beginning in 2006, accumulated other comprehensive income is reported as a component of surplus. Return to table

6. The $12,767,389 thousand transferred to surplus was reduced by direct charges of $500 thousand for charge-off on Bank premises (1927); $139,300 thousand for contributions to capital of the Federal Deposit Insurance Corporation (1934); $4 thousand net upon elimination of section 13b surplus (1958); $106,000 thousand (1996), $107,000 thousand (1997), $3,752,000 thousand (2000) transferred to the Treasury as statutorily required; and $1,848,716 thousand related to the implementation of SFAS No. 158 (2006) and was increased by a transfer of $11,131 thousand from reserves for contingencies (1955), leaving a balance of $6,825,000 thousand on December 31, 2019. Return to table

7. This amount includes $8,515,396 thousands for expenses of the System Retirement Plan. See note 3, " Table 10. Income and expenses of the Federal Reserve Banks, by Bank, 2019." Return to table

n/a Not applicable.

Operation	2019	2018	2017	2016
Millions of pieces
Currency processed	32,736	34,312	32,942	31,504
Currency destroyed	5,101	4,819	4,571	4,837
Coin received	56,101	58,249	58,221	58,223
Checks handled
U.S. government checks ¹	52	53	56	58
Postal money orders	80	83	85	88
Commercial	4,389	4,740	5,153	5,241
Securities transfers ²	19	17	16	17
Funds transfers ³	168	158	153	148
Automated clearinghouse transactions
Commercial	15,584	14,692	13,749	12,960
Government	1,704	1,668	1,629	1,594
Millions of dollars
Currency processed	657,833	659,126	644,395	596,053
Currency destroyed	83,366	98,590	112,202	118,199
Coin received	5,408	5,387	5,585	5,563
Checks handled
U.S. government checks ¹	149,337	148,149	145,599	152,392
Postal money orders	21,412	21,033	20,682	20,672
Commercial	8,317,894	8,485,159	8,438,008	8,088,569
Securities transfers ²	345,813,248	296,335,209	299,334,719	286,671,689
Funds transfers ³	695,835,129	716,211,759	740,096,838	766,961,537
Automated clearinghouse transactions
Commercial	28,081,631	25,860,072	23,398,576	21,772,168
Government	5,787,018	5,515,114	5,370,695	5,192,786

1. Includes government checks handled electronically (electronic checks). Return to table

2. Data on securities transfers do not include reversals. Return to table

3. Data on funds transfers do not include non-value transfers. Return to table

Federal Reserve Bank (including branches)	President	Other officers		Employees				Total
	Annual salary (dollars)¹	Number	Annual salaries (dollars) ¹	Number			Annual salaries (dollars) ¹	Number	Annual salaries (dollars) ¹
	Annual salary (dollars)¹	Number	Annual salaries (dollars) ¹	Full time	Part time	Temporary/ hourly ²	Annual salaries (dollars) ¹	Number	Annual salaries (dollars) ¹
Boston	437,400	89	23,595,216	867	19	11	104,034,710	987	128,067,326
New York	497,800	600	158,399,214	2,485	26	0	330,478,226	3,112	489,375,240
Philadelphia	422,400	71	15,969,000	776	14	19	82,292,979	881	98,684,379
Cleveland	416,000	69	15,867,877	884	17	17	87,369,505	988	103,653,382
Richmond	394,000	88	19,299,000	1,349	14	14	133,954,743	1,466	153,647,743
Atlanta	405,500	102	23,468,758	1,588	22	31	160,286,518	1,744	184,160,776
Chicago	437,400	136	33,344,751	1,392	34	0	159,925,960	1,563	193,708,111
St. Louis	392,400	105	24,615,800	1,268	20	10	124,267,334	1,404	149,275,534
Minneapolis	422,500	64	15,029,572	949	46	8	89,767,022	1,068	105,219,094
Kansas City	392,600	109	22,515,200	1,898	14	7	161,246,895	2,029	184,154,695
Dallas	427,900	78	17,980,112	1,164	13	11	104,359,445	1,267	122,767,457
San Francisco	468,800	109	29,338,465	1,580	14	14	184,373,241	1,718	214,180,506
Federal Reserve Information Technology	n/a	72	17,071,300	1,216	0	5	151,910,024	1,293	168,981,324
Office of Employee Benefits	n/a	15	4,261,400	45	1	0	5,961,970	61	10,223,370
Total	5,114,700	1,707	420,755,665	17,461	254	147	1,880,228,572	19,581	2,306,098,937

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

1. Annualized salary liability (excluding outside agency costs) based on salaries in effect on December 31, 2019. Return to table

2. Temporary/hourly employees are paid by the Bank, generally work less than 780 hours, and are employed on a temporary basis (such as interns). The number of hourly employees at the Federal Reserve Bank of Chicago and Federal Reserve Bank of Cleveland was incorrectly reported for 2018. Return to table

n/a Not applicable.

Thousands of dollars

Federal Reserve Bank or Branch	Acquisition costs				Net book value	Other real estate
Federal Reserve Bank or Branch	Land	Buildings (including vaults) ¹	Building machinery and equipment	Total ²	Net book value	Other real estate
Boston	27,293	208,090	48,299	283,682	105,250	n/a
New York	68,972	621,494	141,598	832,065	462,571	n/a
Philadelphia	8,146	150,074	30,116	188,336	92,433	n/a
Cleveland	4,219	157,011	36,665	197,895	103,795	n/a
Cincinnati	5,128	31,554	16,802	53,484	15,566	n/a
Richmond	32,483	184,866	67,400	284,750	133,725	n/a
Baltimore	7,917	42,332	15,204	65,453	27,050	n/a
Charlotte	7,884	46,588	15,546	70,019	32,180	n/a
Atlanta	23,559	164,437	24,980	212,976	129,913	n/a
Birmingham	5,347	13,246	2,387	20,979	10,750	n/a
Jacksonville	2,185	28,227	14,215	44,628	24,160	n/a
New Orleans	3,789	16,592	7,491	27,872	11,338	n/a
Miami	4,554	35,705	14,512	54,771	26,476	n/a
Chicago	7,460	265,024	42,569	315,053	122,445	n/a
Detroit	13,223	75,659	14,929	103,811	71,146	n/a
St. Louis	9,942	147,545	18,390	175,878	93,924	n/a
Memphis	2,472	18,542	6,734	27,748	7,966	n/a
Minneapolis	22,873	113,104	21,060	157,036	85,138	n/a
Helena	3,316	10,359	2,015	15,690	7,786	n/a
Kansas City	38,691	214,142	26,344	279,176	208,550	n/a
Denver	3,700	11,127	6,119	20,945	6,833	n/a
Omaha	4,537	12,706	3,000	20,244	12,127	n/a
Dallas	38,100	148,273	38,623	224,996	118,079	n/a
El Paso	262	6,206	3,163	9,632	3,944	n/a
Houston	32,323	104,574	9,604	146,501	101,816	n/a
San Francisco	20,988	146,183	35,920	203,091	85,222	n/a
Los Angeles	6,306	89,748	27,877	123,930	57,009	n/a
Salt Lake City	1,294	6,415	2,910	10,619	3,952	n/a
Seattle	13,101	50,282	5,829	69,212	50,011	n/a
Total	420,064	3,120,104	700,304	4,240,472	2,211,153	n/a

1. Includes expenditures for construction at some offices, pending allocation to appropriate accounts. Return to table

2. Excludes charge-offs of $17,699 thousand before 1952. Return to table

n/a Not applicable.

Board of Governors of the Federal Reserve System

Annual Report - 2019

Statistical Tables

Table 1. Federal Reserve open market transactions, 2019

Table 2. Federal Reserve Bank holdings of U.S. Treasury and federal agency securities, December 31, 2017–19

Table 3. Federal Reserve Bank interest rates on loans to depository institutions, December 31, 2019

Table 4. Reserve requirements of depository institutions, December 31, 2019

Table 5. Banking offices and banks affiliated with bank holding companies in the United States, December 31, 2018 and 2019

Table 6A. Reserves of depository institutions, Federal Reserve Bank credit, and related items, year-end 1984–2019 and month-end 2019

Table 6A. Reserves of depository institutions, Federal Reserve Bank credit, and related items, year-end 1984–2019 and month-end 2019

Table 6B. Reserves of depository institutions, Federal Reserve Bank credit, and related items, year-end 1918–1983

Table 6B. Reserves of depository institutions, Federal Reserve Bank credit, and related items, year-end 1918–1983

Table 7. Principal assets and liabilities of insured commercial banks, June 30, 2019 and 2018

Table 8. Initial margin requirements under Regulations T, U, and X

Table 9A. Statement of condition of the Federal Reserve Banks, by Bank, December 31, 2019 and 2018

Table 9A. Statement of condition of the Federal Reserve Banks, by Bank, December 31, 2019 and 2018

Table 9A. Statement of condition of the Federal Reserve Banks, by Bank, December 31, 2019 and 2018

Table 9B. Statement of condition of the Federal Reserve Banks, December 31, 2019 and 2018Supplemental information—collateral held againstFederal Reserve notes: Federal Reserve agents' accounts

Table 10. Income and expenses of the Federal Reserve Banks, by Bank, 2019

Table 11. Income and expenses of the Federal Reserve Banks, 1914–2019

Table 12. Operations in principal departments of the Federal Reserve Banks, 2016–19

Table 13. Number and annual salaries of officers and employees of the Federal Reserve Banks, December 31, 2019

Table 14. Acquisition costs and net book value of the premises of the Federal Reserve Banks and Branches, December 31, 2019