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Release Date: August 4, 2011
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FEDERAL RESERVE statistical release
H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                               August 4, 2011
 
1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and                         Averages of daily figures         Wednesday  
reserve balances of depository institutions at             Week ended   Change from week ended    Aug 3, 2011
Federal Reserve Banks                                      Aug 3, 2011 Jul 27, 2011  Aug 4, 2010
 
Reserve Bank credit                                        2,849,525   -    3,360   +  540,430    2,851,066
  Securities held outright (1)                             2,649,085   -      910   +  595,052    2,650,638
    U.S. Treasury securities                               1,639,365   +    4,404   +  862,343    1,640,919
      Bills (2)                                               18,423            0            0       18,423
      Notes and bonds, nominal (2)                         1,546,072   +    4,336   +  834,052    1,547,626
      Notes and bonds, inflation-indexed (2)                  65,521            0   +   24,392       65,521
      Inflation compensation (3)                               9,349   +       67   +    3,898        9,349
    Federal agency debt securities (2)                       112,435   -    1,372   -   46,946      112,435
    Mortgage-backed securities (4)                           897,285   -    3,941   -  220,344      897,285
  Repurchase agreements (5)                                        0            0            0            0
  Loans                                                       11,962   -      147   -   51,926       11,965
    Primary credit                                                10   +        8   -       26           52
    Secondary credit                                               0            0            0            0
    Seasonal credit                                               81   -        6   -        2           88
    Credit extended to American International
       Group, Inc., net (6)                                        0            0   -   23,585            0
    Term Asset-Backed Securities Loan Facility (7)            11,871   -      149   -   28,313       11,825
    Other credit extensions                                        0            0            0            0
  Net portfolio holdings of Commercial Paper
     Funding Facility LLC (8)                                      0            0   -        1            0
  Net portfolio holdings of Maiden Lane LLC (9)               20,821   +       67   -    8,606       20,820
  Net portfolio holdings of Maiden Lane II LLC (10)           10,179   -    1,106   -    5,993       10,063
  Net portfolio holdings of Maiden Lane III LLC (11)          21,468   -    1,755   -    2,082       21,511
  Net portfolio holdings of TALF LLC (12)                        767            0   +      227          767
  Preferred interests in AIA Aurora LLC and ALICO
     Holdings LLC (6)                                              0            0   -   25,733            0
  Float                                                       -1,085   -       64   +      598       -1,246
  Central bank liquidity swaps (13)                                0            0   -    1,246            0
  Other Federal Reserve assets (14)                          136,328   +      554   +   40,139      136,548
Gold stock                                                    11,041            0            0       11,041
Special drawing rights certificate account                     5,200            0            0        5,200
Treasury currency outstanding (15)                            44,036   +       14   +      770       44,036

Total factors supplying reserve funds                      2,909,801   -    3,346   +  541,199    2,911,343
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

 
1. Factors Affecting Reserve Balances of Depository Institutions (continued)
Millions of dollars
Reserve Bank credit, related items, and                         Averages of daily figures         Wednesday  
reserve balances of depository institutions at             Week ended   Change from week ended    Aug 3, 2011
Federal Reserve Banks                                      Aug 3, 2011 Jul 27, 2011  Aug 4, 2010
 
Currency in circulation (15)                               1,031,804   +    3,286   +   87,087    1,034,787
Reverse repurchase agreements (16)                            69,812   +    4,432   +    7,657       68,623
  Foreign official and international accounts                 69,812   +    4,432   +    7,657       68,623
  Others                                                           0            0            0            0
Treasury cash holdings                                           116   -       15   -       94          129
Deposits with F.R. Banks, other than reserve balances        113,773   +   19,784   -  121,326       93,094
  Term deposits held by depository institutions                5,088   +    5,088   +    2,969        5,088
  U.S. Treasury, general account                              56,911   -   20,108   +   29,534       32,271
  U.S. Treasury, supplementary financing account                   0   -    5,000   -  199,960            0
  Foreign official                                               133   -        9   -    2,605          125
  Service-related                                              2,490   -       40   +       33        2,490
    Required clearing balances                                 2,490   -       40   +       33        2,490
    Adjustments to compensate for float                            0            0            0            0
  Other                                                       49,151   +   39,853   +   48,702       53,120
Funds from American International Group, Inc. asset
   dispositions, held as agent (6)                                 0            0            0            0
Other liabilities and capital (17)                            69,337   -    2,977   -    4,697       69,341

Total factors, other than reserve balances,
   absorbing reserve funds                                 1,284,841   +   24,509   -   31,374    1,265,973

Reserve balances with Federal Reserve Banks                1,624,960   -   27,855   +  572,574    1,645,370
 
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. As a result of the closing of the American International Group, Inc. (AIG) recapitalization plan on
   January 14, 2011, the credit extended to AIG was fully repaid and the Federal Reserve's commitment to lend
   any further funds was terminated. In addition, the Federal Reserve Bank of New York (FRBNY) has been paid
   in full for its preferred interests in AIA Aurora LLC and ALICO Holdings LLC. The funds from AIG asset
   dispositions that FRBNY held as agent were the source of repayment of the credit extended to AIG, as well
   as a portion of the FRBNY's preferred interests in ALICO Holdings LLC. The remaining FRBNY preferred
   interests in ALICO Holdings LLC and AIA Aurora LLC, valued at approximately $20 billion, were purchased by
   AIG through a draw on the Treasury's Series F preferred stock commitment and then transferred by AIG to
   the Treasury as consideration for the draw on the available Series F funds.
7. Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the Term
   Asset-Backed Securities Loan Facility.
8. Includes the book value of the commercial paper, net of amortized costs and related fees, and other
   investments held by the Commercial Paper Funding Facility LLC.
9.  Refer to table 4 and the note on consolidation accompanying table 9.
10. Refer to table 5 and the note on consolidation accompanying table 9.
11. Refer to table 6 and the note on consolidation accompanying table 9.
12. Refer to table 7 and the note on consolidation accompanying table 9.
13. 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.
14. 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. Before the closing of the AIG recapitalization plan on
    January 14, 2011, included accrued dividends on the FRBNY's preferred interests in AIA Aurora LLC and
    ALICO Holdings LLC.
15. Estimated.
16. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt
    securities, and mortgage-backed securities.
17. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to
    entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only
    to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation
    accompanying table 9. Also includes the liability for interest on Federal Reserve notes due to U.S.
    Treasury. Refer to table 8 and table 9.

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

 
1A. Memorandum Items
Millions of dollars
                                                                Averages of daily figures         Wednesday  
                                                           Week ended   Change from week ended    Aug 3, 2011
Memorandum item                                            Aug 3, 2011 Jul 27, 2011  Aug 4, 2010
 
Marketable securities held in custody for foreign
   official and international accounts (1)                 3,463,237   +   10,128   +  309,332    3,472,122
  U.S. Treasury securities                                 2,728,887   +    8,584   +  406,135    2,735,995
  Federal agency securities (2)                              734,349   +    1,544   -   96,804      736,127
Securities lent to dealers                                    23,401   +    7,079   +   19,323       24,773
  Overnight facility (3)                                      23,401   +    7,079   +   19,323       24,773
    U.S. Treasury securities                                  22,209   +    6,429   +   19,277       23,509
    Federal agency debt securities                             1,192   +      650   +       46        1,264
 
Note: Components may not sum to totals because of rounding.

1. Face value of the securities. Includes U.S. Treasury STRIPS and other zero-coupon bonds at face value and
   mortgage-backed securities at original face value.
2. Includes debt and mortgage-backed securities.
3. Fully collateralized by U.S. Treasury securities.

 
2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities,     August 3, 2011
Millions of dollars
                                       Within 15    16 days to   91 days to  Over 1 year  Over 5 years    Over 10        All     
Remaining maturity                        days       90 days       1 year     to 5 years   to 10 years     years    
 
Loans (1)                                     80           60        1,564       10,261            0           ...       11,965
U.S. Treasury securities (2)
  Holdings                                14,689       16,788      116,238      715,116      577,458       200,629    1,640,919
  Weekly changes                      -    4,264   +    5,346   +    2,095   +    4,823   -    5,260    +       17   +    2,758
Federal agency debt securities (3)
  Holdings                                 1,775        2,992       16,639       68,537       20,145         2,347      112,435
  Weekly changes                      +    1,775   -    1,775            0            0            0             0            0
Mortgage-backed securities (4)
  Holdings                                     0            0            0           16           22       897,247      897,285
  Weekly changes                               0            0            0            0            0             0            0
Asset-backed securities held by
   TALF LLC (5)                                0            0            0            0            0             0            0
Repurchase agreements (6)                      0            0          ...          ...          ...           ...            0
Central bank liquidity swaps (7)               0            0            0            0            0             0            0

Reverse repurchase agreements (6)         68,623            0          ...          ...          ...           ...       68,623
Term deposits                                  0        5,088            0          ...          ...           ...        5,088
 
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 Purchase Program
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                            Aug 3, 2011 
 
Mortgage-backed securities held outright (1)                                                                             897,285

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

Cash and cash equivalents (3)                                                                                                  0
 
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
                                                                                                                        Wednesday   
Account name                                                                                                            Aug 3, 2011 
 
Net portfolio holdings of Maiden Lane LLC (1)                                                                             20,820

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                 17,693
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         720
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)                              1,356
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
   be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of
        June 30, 2011. 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
                                                                                                                        Wednesday   
Account name                                                                                                            Aug 3, 2011 
 
Net portfolio holdings of Maiden Lane II LLC (1)                                                                          10,063

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                  6,808
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         533
Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc. (3)                    1,092
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
   be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of
        June 30, 2011. 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
                                                                                                                        Wednesday   
Account name                                                                                                            Aug 3, 2011 
 
Net portfolio holdings of Maiden Lane III LLC (1)                                                                         21,511

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                 10,854
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         638
Outstanding principal amount and accrued interest on loan payable to American International Group, Inc. (3)                5,469
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
   be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of
        June 30, 2011. 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 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
                                                                                                                        Wednesday   
Account name                                                                                                            Aug 3, 2011 
 
Asset-backed securities holdings (1)                                                                                           0
Other investments, net                                                                                                       767
Net portfolio holdings of TALF LLC                                                                                           767

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)                                        108
 
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, by the interest received on investments of TALF LLC, by up to $4.3 billion in subordinated debt funding provided by the U.S.
Treasury, and finally, by senior debt funding provided by the FRBNY. 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
                                                       Eliminations from  Wednesday         Change since       
                                                        consolidation    Aug 3, 2011   Wednesday    Wednesday  
Assets, liabilities, and capital                                                      Jul 27, 2011  Aug 4, 2010
 
Assets
  Gold certificate account                                                  11,037             0            0
  Special drawing rights certificate account                                 5,200             0            0
  Coin                                                                       2,186    -       12   +      121
  Securities, repurchase agreements, and loans                           2,662,603    +    2,755   +  544,702
    Securities held outright (1)                                         2,650,638    +    2,757   +  596,504
      U.S. Treasury securities                                           1,640,919    +    2,758   +  863,900
        Bills (2)                                                           18,423             0            0
        Notes and bonds, nominal (2)                                     1,547,626    +    2,720   +  835,606
        Notes and bonds, inflation-indexed (2)                              65,521             0   +   24,392
        Inflation compensation (3)                                           9,349    +       38   +    3,901
      Federal agency debt securities (2)                                   112,435             0   -   46,946
      Mortgage-backed securities (4)                                       897,285             0   -  220,449
    Repurchase agreements (5)                                                    0             0            0
    Loans                                                                   11,965    -        3   -   51,802
  Net portfolio holdings of Commercial Paper
     Funding Facility LLC (6)                                                    0             0   -        1
  Net portfolio holdings of Maiden Lane LLC (7)                             20,820    +        5   -    8,631
  Net portfolio holdings of Maiden Lane II LLC (8)                          10,063    -      162   -    6,111
  Net portfolio holdings of Maiden Lane III LLC (9)                         21,511    +       54   -    2,070
  Net portfolio holdings of TALF LLC (10)                                      767             0   +      227
  Preferred interests in AIA Aurora LLC and ALICO
     Holdings LLC (11)                                                           0             0   -   25,733
  Items in process of collection                            (148)              299    +      141   -       24
  Bank premises                                                              2,196    -        6   -       28
  Central bank liquidity swaps (12)                                              0             0   -    1,246
  Other assets (13)                                                        134,359    +      850   +   39,949

Total assets                                                (148)        2,871,041    +    3,625   +  541,156
 
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
                                                       Eliminations from  Wednesday         Change since       
                                                        consolidation    Aug 3, 2011   Wednesday    Wednesday  
Assets, liabilities, and capital                                                      Jul 27, 2011  Aug 4, 2010
 
Liabilities
  Federal Reserve notes, net of F.R. Bank holdings                         993,062    +    4,043   +   87,287
  Reverse repurchase agreements (14)                                        68,623    +    1,619   +    7,716
  Deposits                                                    (0)        1,738,471    -    2,889   +  449,750
    Term deposits held by depository institutions                            5,088    +    5,088   +    2,969
    Other deposits held by depository institutions                       1,647,867    -   10,452   +  607,650
    U.S. Treasury, general account                                          32,271    -   34,486   -   11,742
    U.S. Treasury, supplementary financing account                               0    -    5,000   -  199,960
    Foreign official                                                           125             0   -    1,905
    Other                                                     (0)           53,120    +   41,962   +   52,738
  Deferred availability cash items                          (148)            1,545    +      132   -      707
  Other liabilities and accrued dividends (15)                              17,578    +      631   +    2,199

Total liabilities                                           (148)        2,819,278    +    3,535   +  546,244

Capital accounts
  Capital paid in                                                           25,881    +       45   -      788
  Surplus                                                                   25,881    +       45   +       53
  Other capital accounts                                                         0             0   -    4,354

Total capital                                                               51,763    +       91   -    5,088
 
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. Includes the book value of the commercial paper, net of amortized costs and related fees, and other
   investments held by the Commercial Paper Funding Facility LLC.
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. As a result of the closing of the AIG recapitalization plan on January 14, 2011, the Federal Reserve Bank
    of New York has been paid in full for its	preferred interests in AIA Aurora LLC and ALICO Holdings LLC. A
    portion of the preferred interests was redeemed by AIG with the funds from AIG asset dispositions that were
    held as agent by the Federal Reserve.
12. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when
    the foreign currency is returned to the foreign central bank. This exchange rate equals the market exchange
    rate used when the foreign currency was acquired from the foreign central bank.
13. Includes 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. Before the closing of the AIG
    recapitalization plan on January 14, 2011, included accrued dividends on the FRBNY's preferred interests in
    AIA Aurora LLC and ALICO Holdings LLC.
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. Before the closing of the AIG recapitalization plan on January 14, 2011, included funds from
    American International Group, Inc. asset dispositions, held as agent.


 
9. Statement of Condition of Each Federal Reserve Bank,     August 3, 2011
Millions of dollars
                                               Total      Boston     New York   Philadelphia Cleveland   Richmond     Atlanta     Chicago    St. Louis  Minneapolis   Kansas      Dallas        San    
Assets, liabilities, and capital                                                                                                                                       City                  Francisco 
 
Assets
  Gold certificate account                      11,037         390       3,866         432         450         872       1,394         854         319         197         318         728       1,217
  Special drawing rights certificate acct.       5,200         196       1,818         210         237         412         654         424         150          90         153         282         574
  Coin                                           2,186          51          68         164         161         361         196         327          41          60         167         228         363
  Securities, repurchase agreements,
     and loans                               2,662,603      65,170   1,244,486      90,800      71,599     306,122     197,065     157,420      50,195      40,766      70,521     104,883     263,575
    Securities held outright (1)             2,650,638      65,170   1,232,661      90,800      71,599     306,122     197,055     157,409      50,169      40,736      70,508     104,833     263,575
      U.S. Treasury securities               1,640,919      40,344     763,098      56,211      44,325     189,509     121,990      97,447      31,058      25,218      43,649      64,898     163,170
        Bills (2)                               18,423         453       8,567         631         498       2,128       1,370       1,094         349         283         490         729       1,832
        Notes and bonds (3)                  1,622,496      39,891     754,530      55,580      43,827     187,382     120,621      96,353      30,709      24,935      43,159      64,170     161,339
      Federal agency debt securities (2)       112,435       2,764      52,287       3,852       3,037      12,985       8,359       6,677       2,128       1,728       2,991       4,447      11,180
      Mortgage-backed securities (4)           897,285      22,061     417,276      30,737      24,238     103,627      66,706      53,286      16,983      13,790      23,868      35,488      89,225
    Repurchase agreements (5)                        0           0           0           0           0           0           0           0           0           0           0           0           0
    Loans                                       11,965           0      11,825           0           0           0          10          11          26          30          13          50           0
  Net portfolio holdings of Commercial
     Paper Funding Facility LLC (6)                  0           0           0           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane LLC (7)                               20,820           0      20,820           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane II LLC (8)                            10,063           0      10,063           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane III LLC (9)                           21,511           0      21,511           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (10)          767           0         767           0           0           0           0           0           0           0           0           0           0
  Preferred interests in AIA Aurora LLC
     and ALICO Holdings LLC (11)                     0           0           0           0           0           0           0           0           0           0           0           0           0
  Items in process of collection                   447          33          96          86         109           7          25         -55           5          38          29          19          54
  Bank premises                                  2,196         122         255          67         137         235         214         206         135         106         261         246         211
  Central bank liquidity swaps (12)                  0           0           0           0           0           0           0           0           0           0           0           0           0
  Other assets (13)                            134,359       3,592      57,531       6,429       4,920      18,009       9,533       7,024       2,256       2,519       3,093       4,651      14,802
  Interdistrict settlement account                   0   +   4,179   + 202,700   +   8,445   +   7,041   - 108,741   -  33,482   -  10,970   -   8,482   -  19,670   -  18,415   +     524   -  23,129

Total assets                                 2,871,189      73,734   1,563,981     106,633      84,654     217,277     175,599     155,231      44,620      24,106      56,128     111,561     257,666
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

 
9. Statement of Condition of Each Federal Reserve Bank,     August 3, 2011 (continued)
Millions of dollars
                                               Total      Boston     New York   Philadelphia Cleveland   Richmond     Atlanta     Chicago    St. Louis  Minneapolis   Kansas      Dallas        San    
Assets, liabilities, and capital                                                                                                                                       City                  Francisco 
 
Liabilities
  Federal Reserve notes outstanding          1,151,379      42,988     384,915      46,771      55,211      95,685     139,701      90,873      34,100      19,373      32,068      75,205     134,488
    Less: Notes held by F.R. Banks             158,316       5,240      41,130       6,364       7,156      12,358      24,329      13,142       4,384       5,522       3,339      10,852      24,500
      Federal Reserve notes, net               993,062      37,747     343,785      40,408      48,055      83,327     115,372      77,731      29,716      13,852      28,729      64,353     109,989
  Reverse repurchase agreements (14)            68,623       1,687      31,912       2,351       1,854       7,925       5,102       4,075       1,299       1,055       1,825       2,714       6,824
  Deposits                                   1,738,471      32,127   1,159,724      58,561      30,264     113,890      51,489      71,336      12,891       8,510      24,733      43,296     131,649
    Term deposits held by depository
       institutions                              5,088          20       1,485         805           0       1,765           0          22          75          40           6          30         840
    Other deposits held by depository
       institutions                          1,647,867      32,103   1,072,996      57,735      30,261     111,969      51,487      71,289      12,769       8,468      24,726      43,265     130,799
    U.S. Treasury, general account              32,271           0      32,271           0           0           0           0           0           0           0           0           0           0
    U.S. Treasury, supplementary
       financing account                             0           0           0           0           0           0           0           0           0           0           0           0           0
    Foreign official                               125           1          97           4           3           8           2           1           0           1           0           1           6
    Other                                       53,120           2      52,876          18           0         148           0          24          47           0           1           0           4
  Deferred availability cash items               1,693          98           0         288         220          64          92         112          53         298         103          79         285
  Interest on Federal Reserve notes due
     to U.S. Treasury (15)                         -77          33        -904          58          33         189         125          86          32          29          38          54         151
  Other liabilities and accrued
     dividends (16)                             17,655         198      13,944         259         264         754         479         407         180         144         181         283         561

Total liabilities                            2,819,426      71,891   1,548,461     101,925      80,691     206,150     172,658     153,748      44,171      23,887      55,609     110,779     249,458

Capital
  Capital paid in                               25,881         922       7,760       2,354       1,982       5,564       1,471         742         224         110         259         391       4,104
  Surplus                                       25,881         922       7,760       2,354       1,982       5,564       1,471         742         224         110         259         391       4,104
  Other capital                                      0           0           0           0           0           0           0           0           0           0           0           0           0

Total liabilities and capital                2,871,189      73,734   1,563,981     106,633      84,654     217,277     175,599     155,231      44,620      24,106      56,128     111,561     257,666
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

9. Statement of Condition of Each Federal Reserve Bank,     August 3, 2011 (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. Includes the book value of the commercial paper, net of amortized costs and related fees, and other investments held by the Commercial Paper Funding Facility LLC.
7. Refer to table 4 and the note on consolidation below.
8. Refer to table 5 and the note on consolidation below.
9.  Refer to table 6 and the note on consolidation below.
10. Refer to table 7 and the note on consolidation below.
11. As a result of the closing of the AIG recapitalization plan on January 14, 2011, the Federal Reserve Bank of New York has been paid in full for its preferred interests in AIA Aurora LLC and ALICO
    Holdings LLC. A portion of the preferred interests was redeemed by AIG with the funds from AIG asset dispositions that were held as agent by the Federal Reserve.
12. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals
    the market exchange rate used when the foreign currency was acquired from the foreign central bank.
13. Includes 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. Before the closing of the AIG recapitalization plan on January 14, 2011, included accrued dividends on the
    FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC.
14. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.
15. Represents the estimated weekly remittances to U.S Treasury as interest on Federal Reserve notes or, in those cases where the Reserve Bank's net earnings are not sufficient to equate surplus to
    capital paid-in, the deferred asset for interest on Federal Reserve notes. The amount of any deferred asset, which is presented as a negative amount in this line, represents the amount of the
    Federal Reserve Bank's earnings that must be retained before remittances to the U.S. Treasury resume. The amounts on this line are calculated in accordance with Board of Governors policy, which
    requires the Federal Reserve Banks to remit residual earnings to the U.S. Treasury as interest on Federal Reserve notes after providing for the costs of operations, payment of dividends, and the
    amount necessary to equate surplus with capital paid-in.
16. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to entities other than the Federal Reserve Bank of New York, including liabilities that have
    recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation below. Before the closing of the AIG recapitalization plan on January 14,
    2011, included funds from American International Group, Inc. asset dispositions, held as agent.


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
                                                                                            Wednesday   
Federal Reserve notes and collateral                                                        Aug 3, 2011 
 
Federal Reserve notes outstanding                                                          1,151,379
  Less: Notes held by F.R. Banks not subject to collateralization                            158,316
    Federal Reserve notes to be collateralized                                               993,062
Collateral held against Federal Reserve notes                                                993,062
  Gold certificate account                                                                    11,037
  Special drawing rights certificate account                                                   5,200
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   976,826
  Other assets pledged                                                                             0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                     2,650,638
  Less: Face value of securities under reverse repurchase agreements                          60,956
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged      2,589,682
 
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.

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