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 securities ¹
Outright transactions²
Treasury bills
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
Exchanges	84,064	79,292	68,155	93,734	80,179	73,555	98,228	86,855	81,437	79,352	90,021	81,412	996,284
For new bills	84,064	79,292	68,155	93,734	80,179	73,555	98,228	86,855	81,437	79,352	90,021	81,412	996,284
Redemptions	0	0	0	0	0	0	0	0	0	0	0	0	0
Others up to 1 year
Gross purchases	5,916	5,698	40	10,852	3,763	2,012	9,222	3,624	7,213	17,545	1,590	6,948	74,423
Gross sales	0	0	0	0	0	0	0	0	0	0	0	0	0
Exchanges	−12,063	−77,472	−92,435	−66,738	−66,844	−85,643	−19,755	−106,108	−39,394	−9,029	−110,862	−47,763	−734,105
Redemptions	0	0	0	0	0	0	0	0	0	0	0	0	0
Over 1 to 5 years
Gross purchases	43,675	55,509	47,127	43,283	47,149	34,522	50,915	48,002	31,463	47,502	34,061	26,790	509,998
Gross sales	0	0	0	0	0	25	0	0	0	0	25	0	50
Exchanges	5,831	41,180	51,535	40,796	30,769	49,614	9,548	55,348	20,749	4,364	57,185	28,885	395,803
Over 5 to 10 years
Gross purchases	15,896	16,352	10,200	10,353	12,598	21,125	10,084	18,659	15,880	12,432	13,148	10,865	167,592
Gross sales	0	0	0	0	0	0	0	0	0	0	0	0	0
Exchanges	3,820	23,254	29,254	17,674	21,751	24,939	6,256	32,019	13,199	2,859	34,880	12,917	222,821
More than 10 years
Gross purchases	14,527	15,257	21,578	18,323	14,373	14,356	13,790	16,333	12,458	14,332	12,409	11,604	179,340
Gross sales	0	0	0	0	0	0	0	0	0	0	0	0	0
Exchanges	2,413	13,039	11,646	8,268	14,324	11,090	3,951	18,742	5,446	1,806	18,797	5,961	115,482
All maturities
Gross purchases	80,014	92,816	78,945	82,811	77,883	72,015	84,011	86,618	67,014	91,811	61,208	56,207	931,353
Gross sales	0	0	0	0	0	25	0	0	0	0	25	0	50
Redemptions	0	0	0	0	0	0	0	0	0	0	0	0	0
Net change in U.S. Treasury securities	80,014	92,816	78,945	82,811	77,883	71,990	84,011	86,618	67,014	91,811	61,183	56,207	931,303
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	0	0	0	0	0	0	0	0	0	0	0
Net change in federal agency obligations	0	0	0	0	0	0	0	0	0	0	0	0	0
Mortgage-backed securities ³
Net settlements ²
Net change in mortgage-backed securities	30,317	63,430	51,470	6,642	52,945	75,367	65,148	53,282	56,631	33,120	43,059	44,668	576,079
Total net change in securities holdings ⁴	110,331	156,246	130,415	89,453	130,828	147,357	149,159	139,900	123,645	124,931	104,242	100,875	1,507,382
Temporary transactions
Repurchase agreements⁵	1,000	711	261	0	2	0	0	0	0	0	0	0	n/a
Reverse repurchase agreements ⁵	210,163	208,404	223,861	293,766	498,489	876,277	1,105,167	1,323,559	1,500,444	1,715,668	1,746,798	1,893,030	n/a
Foreign official and international accounts	209,197	207,162	205,062	227,016	223,006	234,178	256,801	270,823	289,556	289,907	301,899	294,095	n/a
Others	966	1,242	18,799	66,751	275,483	642,099	848,367	1,052,735	1,210,888	1,425,761	1,444,900	1,598,935	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://www.newyorkfed.org/markets/data-hub. Return to table

n/a Not Applicable.

Millions of dollars

Description	December 31			Change
Description	2021	2020	2019	2020–21	2019–20
U.S. Treasury securities¹
Held outright ²	5,652,542	4,688,929	2,328,933	963,613	2,359,996
By remaining maturity
Bills
1–90 days	207,113	191,154	51,763	15,959	139,391
91 days to 1 year	118,931	134,890	117,762	−15,959	17,128
Notes and bonds
1 year or less	807,747	708,144	303,438	99,603	404,706
More than 1 year through 5 years	2,146,103	1,759,737	893,832	386,366	865,905
More than 5 years through 10 years	1,019,239	836,893	321,591	182,346	515,302
More than 10 years	1,353,409	1,058,111	640,547	295,298	417,564
By type
Bills	326,044	326,044	169,525	0	156,519
Notes	3,748,992	3,063,037	1,290,107	685,955	1,772,930
Bonds	1,577,506	1,299,848	869,301	277,658	430,547
Federal agency securities ¹
Held outright ²	2,347	2,347	2,347	0	0
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	0	0	0	0
More than 1 year through 5 years	0	0	0	0	0
More than 5 years through 10 years	2,134	1,818	486	316	1,332
More than 10 years	213	529	1,861	−316	−1,332
By type
Discount notes	0	0	0	0	0
Coupons	2,347	2,347	2,347	0	0
By issuer
Federal Home Loan Mortgage Corporation	529	529	529	0	0
Federal National Mortgage Association	1,818	1,818	1,818	0	0
Federal Home Loan Banks	0	0	0	0	0
Mortgage-backed securities³ ^, ⁴
Held outright ²	2,615,546	2,039,467	1,408,677	576,079	630,790
By remaining maturity
1 year or less	26	4	12	22	−8
More than 1 year through 5 years	1,803	2,016	1,135	−213	881
More than 5 years through 10 years	60,328	72,044	73,528	−11,716	−1,484
More than 10 years	2,553,389	1,965,403	1,334,002	587,986	631,401
By issuer
Federal Home Loan Mortgage Corporation	977,512	667,007	422,087	310,505	244,920
Federal National Mortgage Association	1,075,531	888,260	652,729	187,271	235,531
Government National Mortgage Association	562,503	484,200	333,861	78,303	150,339
Temporary transactions⁵
Repurchase agreements⁶	0	1,000	255,619	−1,000	−254,619
Repo operations	0	0	255,619	0	255,619
FIMA Repo Facility	0	1,000	0	−1,000	−1,000
Reverse repurchase agreements ⁶	2,183,041	216,051	336,649	1,966,990	−120,598
Foreign official and international accounts	278,459	206,400	272,562	72,059	−66,162
Primary dealers and expanded counterparties	1,904,582	9,651	64,087	1,894,931	−54,436

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. In 2020, the Foreign and International Monetary Authorities (FIMA) Repo Facility was established. In 2021, the FIMA Repo Facility was converted from temporary to a standing facility for repurchase agreements. Return to table

Liability type ¹	Requirement
Liability type ¹	Percentage of liabilities	Effective date
Net transaction accounts	0	3/26/2020
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.

1. For a description of these deposit types, see Regulation D. Return to table

Type of office	Total	Commercial banks ¹					Savings banks
		Member				Nonmember
		Total	Total	National	State	Nonmember
Banks
Number, Dec. 31, 2020	4,600	4,368	1,466	757	709	2,902	232
Changes during 2021	0	0	0	0	0	0	0
New banks	14	13	3	2	1	10	1
Banks converted into branches	–142	–138	–45	–13	–32	–93	–4
Ceased banking operations²	–21	–19	–10	–2	–8	–9	–2
Other ³	0	0	1	–8	9	–1	0
Net change	–149	–144	–51	–21	–30	–93	–5
Number, Dec. 31, 2021	4,451	4,224	1,415	736	679	2,809	227
Branches and additional offices
Number, Dec. 31, 2020	75,971	73,665	49,876	37,845	12,031	23,789	2,306
Changes during 2021	0	0	0	0	0	0	0
New branches	1,174	952	625	470	155	327	222
Banks converted to branches	142	139	66	27	39	73	3
Discontinued ²	–3,743	–3,675	–2,731	–2,192	–539	–944	–68
Other ³	0	32	37	555	–518	–5	–32
Net change	–2,427	–2,552	–2,003	–1,140	–863	–549	125
Number, Dec. 31, 2021	73,544	71,113	47,873	36,705	11,168	23,240	2,431
Banks affiliated with BHCs
Number, Dec. 31, 2020	3,906	3,789	1,333	672	661	2,456	117
Changes during 2021	0	0	0	0	0	0	0
BHC-affiliated new banks	49	43	10	7	3	33	6
Banks converted into branches	–125	–121	–44	–12	–32	–77	–4
Ceased banking operations ²	–23	–21	–12	–3	–9	–9	–2
Other ³	0	0	1	–8	9	–1	0
Net change	–99	–99	–45	–16	–29	–54	0
Number, Dec. 31, 2021	3,807	3,690	1,288	656	632	2,402	117

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 coin and currency outstanding⁵
	Securities held outright¹	Repurchase agreements²	Loans and other credit extensions ³	Float	Other Federal Reserve assets⁴	Total ⁴	Gold stock	Special drawing rights certificate account	Treasury coin and currency outstanding⁵
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
2020	6,730,743	1,000	216,669	–567	393,420	7,341,265	11,041	5,200	50,535
2021	8,270,436	0	77,621	–582	389,982	8,737,457	11,041	5,200	50,942
2021, month-end
Jan.	6,839,945	1,000	145,684	–625	402,272	7,388,276	11,041	5,200	50,564
Feb.	6,985,520	500	144,269	–597	393,338	7,523,030	11,041	5,200	50,567
Mar.	7,129,308	0	146,079	–1,050	395,824	7,670,161	11,041	5,200	50,623
Apr.	7,210,316	0	156,469	–350	397,680	7,764,115	11,041	5,200	50,630
May	7,344,623	0	166,169	–674	387,679	7,897,797	11,041	5,200	50,656
Jun.	7,505,369	0	163,572	–1,062	392,067	8,059,946	11,041	5,200	50,712
Jul.	7,653,186	0	152,843	–366	400,842	8,206,505	11,041	5,200	50,782
Aug.	7,804,616	0	137,533	–634	388,101	8,329,616	11,041	5,200	50,838
Sep.	7,930,202	1	105,518	–699	393,943	8,428,965	11,041	5,200	50,867
Oct.	8,057,413	0	94,879	–604	400,602	8,552,290	11,041	5,200	50,838
Nov.	8,160,850	0	82,038	–632	385,489	8,627,745	11,041	5,200	50,894
Dec.	8,270,436	0	77,621	–582	389,982	8,737,457	11,041	5,200	50,942

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. From 2020–2021, includes only central bank liquidity swaps; primary, seasonal, and secondary credit; Primary Dealer Credit Facility; Money Market Mutual Fund Liquidity Facility; Paycheck Protection Program Liquidity Facility; and net portfolio holdings of Commercial Paper Funding Facility II LLC, Corporate Credit Facilities LLC, MS Facilities LLC (Main Street Lending Program), Municipal Facility LLC, and Term Asset-Backed Securities Loan Facility II LLC. Money Market Mutual Fund Liquidity Facility and Primary Dealer Credit Facility ceased extending loans on March 31, 2021, and all outstanding loans were repaid by April 6, 2021, and April 15, 2021, respectively. Commercial Paper Funding Facility II LLC and Corporate Credit Facilities LLC were terminated on July 8, 2021, and December 17, 2021, respectively. From 2015–19, 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 1984–2014, 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

Millions of dollars

Period	Factors absorbing reserve funds										Reserve balances with Federal Reserve Banks
	Currency in circulation	Reverse repurchase agreements⁶	Treasury cash holdings ⁷	Deposits with Federal Reserve Banks, other than reserve balances					Required clearing balances⁹	Other Federal Reserve liabilities and capital ^4,¹⁰
	Currency in circulation	Reverse repurchase agreements⁶	Treasury cash holdings ⁷	Term deposits	Treasury general account	Treasury supplementary financing account	Foreign	Other⁸	Required clearing balances⁹	Other Federal Reserve liabilities and capital ^4,¹⁰
1984	183,796	0	513	n/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	n/a ^r r	125	64,909	2,480	72,766	1,559,731
2012	1,169,159	107,188	150	0	92,720	n/a ^r	6,427	27,476	n/a	66,093	1,491,044
2013	1,241,228	315,924	234	0	162,399	n/a ^r	7,970	26,181	n/a	63,049	2,249,070
2014	1,342,957	509,837	201	0	223,452	n/a ^r	5,242	20,320	n/a	61,447	2,377,995
2015	1,424,967	712,401	266	0	333,447	n/a ^r	5,231	31,212	n/a	45,320	1,977,163
2016	1,509,440	725,210	166	0	399,190	n/a ^r	5,165	53,248	n/a	46,943	1,759,675
2017	1,618,006	563,958	214	0	228,933	n/a ^r	5,257	77,762	n/a	47,876	1,954,426
2018	1,719,302	304,012	214	0	402,138	n/a ^r	5,245	73,073	n/a	45,007	1,555,954
2019	1,807,740	336,649	171	0	403,853	n/a ^r	5,182	74,075	n/a	44,867	1,548,849
2020	2,089,224	216,051	28	0	1,728,569	n/a ^r	21,838	194,327	n/a	163,075 ^r	2,994,932
2021	2,236,674	2,183,041	65	0	406,108	n/a	9,331	255,263	n/a	69,766	3,644,277
2021, month-end
Jan.	2,096,648	233,752	48	0	1,611,352	n/a	21,849	197,320	n/a	101,035	3,192,989
Feb.	2,101,933	232,994	84	0	1,414,465	n/a	22,350	254,127	n/a	95,275	3,468,547
Mar.	2,144,066	352,177	89	0	1,121,951	n/a	33,209	315,122	n/a	97,615	3,672,702
Apr.	2,164,017	415,000	47	0	970,716	n/a	28,091	323,889	n/a	99,334	3,829,821
May	2,176,566	715,185	37	0	776,700	n/a	26,786	380,629	n/a	99,732	3,788,989
Jun.	2,183,455	1,260,925	41	0	851,929	n/a	5,255	225,002	n/a	88,536	3,511,630
Jul.	2,186,384	1,321,101	48	0	459,402	n/a	5,589	241,839	n/a	89,592	3,969,425
Aug.	2,190,975	1,479,055	43	0	355,984	n/a	5,323	230,153	n/a	90,110	4,044,863
Sep.	2,197,024	1,905,171	51	0	215,160	n/a	5,706	240,769	n/a	72,753	3,859,245
Oct.	2,205,010	1,801,993	52	0	278,023	n/a	5,607	249,565	n/a	74,563	4,004,419
Nov.	2,221,549	1,833,164	71	0	213,153	n/a	5,344	238,141	n/a	70,688	4,112,633
Dec.	2,236,674	2,183,041	65	0	406,108	n/a	9,331	255,263	n/a	69,766	3,644,277

6. Cash value of agreements, which are collaterized 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. In 2020 and 2021, includes equity investments in Commercial Paper Funding Facility II LLC, Corporate Credit Facilities LLC, MS Facilities LLC (Main Street Lending Program), Municipal Facility LLC, and Term Asset-Backed Securities Loan Facility II LLC. Return to table

n/a Not Applicable.

r Revised.

Millions of dollars

Period	Factors supplying reserve funds
	Federal Reserve Bank credit outstanding							Gold stock⁶	Special drawing rights certificate account	Treasury coin and currency outstanding ⁷
	Securities held outright¹	Repurchase agreements ²	Loans	Float ³	All other⁴	Other Federal Reserve assets ⁵	Total	Gold stock⁶	Special drawing rights certificate account	Treasury coin and currency outstanding ⁷
1918	239	0	1,766	199	294	0	2,498	2,873	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 reserves⁹
	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 reserves⁹
	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 coin¹⁰	Required ¹¹	Excess ^11, ¹²
1918	4,951	288	51	96	25	118	0	0	1,636	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	1,491¹³	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	–1,103¹⁴
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). SinceSeptember 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
2021
Loans and investments	14,678,776	11,645,915	9,396,565	2,249,351	3,032,861
Loans, gross	9,605,477	7,286,717	5,832,211	1,454,506	2,318,760
Net	9,602,707	7,285,655	5,831,453	1,454,202	2,317,052
Investments	5,073,300	4,359,198	3,564,354	794,845	714,101
U.S. government securities	1,138,339	1,086,636	977,334	109,302	51,703
Other	3,934,961	3,272,562	2,587,020	685,542	662,399
Cash assets, total	2,688,909	2,288,041	1,729,892	558,149	400,868
Deposits, total	15,882,719	12,860,017	10,322,384	2,537,633	3,022,702
Interbank	314,706	290,024	240,088	49,937	24,682
Other transactions	4,969,801	4,048,947	3,077,326	971,621	920,854
Other nontransactions	10,598,212	8,521,046	7,004,971	1,516,075	2,077,167
Equity capital	2,150,922	1,742,540	1,418,401	324,139	408,381
Number of banks	4,327	1,446	754	692	2,881
2020
Loans and investments	13,765,027	10,954,457	8,914,500	2,039,957	2,810,570
Loans, gross	9,770,773	7,475,330	6,062,612	1,412,718	2,295,442
Net	9,767,267	7,473,435	6,061,184	1,412,251	2,293,832
Investments	3,994,254	3,479,127	2,851,888	627,239	515,127
U.S. government securities	796,738	757,345	668,668	88,677	39,393
Other	3,197,516	2,721,782	2,183,220	538,562	475,734
Cash assets, total	2,189,495	1,895,397	1,516,092	379,304	294,098
Deposits, total	14,393,534	11,725,835	9,593,340	2,132,494	2,667,699
Interbank	305,176	282,163	235,738	46,425	23,013
Other transactions	2,865,179	2,362,351	1,718,761	643,590	502,828
Other nontransactions	11,223,179	9,081,321	7,638,841	1,442,480	2,141,858
Equity capital	2,008,374	1,632,683	1,330,807	301,876	375,691
Number of banks	4,421	1,479	778	701	2,942

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 2020 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
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	2021	2020	2021	2020	2021	2020	2021	2020	2021	2020	2021	2020
Assets
Gold certificates	11,037	11,037	335	337	3,604	3,665	313	319	515	524	775	753
Special drawing rights certificates	5,200	5,200	196	196	1,818	1,818	210	210	237	237	412	412
Coin	1,232	1,563	13	31	22	39	114	130	47	86	180	206
Loans and securities
Loans to depository institutions	555	1,602	32	62	0	876	15	10	0	1	18	49
Other loans	33,853	54,535	15	4,773	4,713	8,615	48	6,264	6,435	1,559	494	3,083
Securities purchased under agreements to resell¹	0	1,000	0	22	0	518	0	23	0	31	0	63
Treasury securities, net² ^, ³	5,917,426	4,955,871	98,885	111,293	3,344,861	2,565,941	124,981	113,067	215,312	155,054	396,515	310,605
Federal agency and government-sponsored enterprise mortgage-backed securities, net ²	2,685,268	2,109,715	44,873	47,378	1,517,864	1,092,321	56,715	48,132	97,706	66,006	179,935	132,224
Government-sponsored enterprise debt securities, net ^2, ³	2,610	2,634	44	59	1,475	1,364	55	60	95	82	175	165
Total loans and securities	8,639,712	7,125,357	143,849	163,587	4,868,913	3,669,635	181,814	167,557	319,548	222,733	577,137	446,189
Consolidated variable interest entities: Assets held, net⁴	40,171	140,335	29,707	51,790	10,465	88,545	n/a	n/a	n/a	n/a	n/a	n/a
Accrued interest receivable - System Open Market Account	30,976	30,057	519	677	17,499	15,548	655	687	1,130	945	2,082	1,895
Foreign currency denominated investments, net ⁵	20,330	22,204	923	1,054	6,832	7,462	730	799	1,758	1,897	4,231	4,687
Central bank liquidity swaps⁶	3,340	17,883	152	849	1,122	6,010	120	644	289	1,528	695	3,775
Other assets
Bank premises and equipment, net	2,610	2,596	108	110	489	491	167	146	138	139	335	355
Items in process of collection	76	132	0	*	0	*	0	*	0	*	0	*
Deferred asset - remittances to the Treasury	0	926	0	0 ^r	0	1,055	0	3	0	0 ^r	0	0 ^r
Interdistrict settlement account	0	0 ^r	53,573	−4,919	−675,247	167,835	11,693	−8,481	29,613	86,860	119,685	108,472
All other assets ⁷	1,715	2,603	58	1,570	756	229	16	26	75	51	214	178
Total assets	8,756,399	7,359,893	229,433	215,282 ^r	4,236,273	3,962,332	195,832	162,039	353,350	315,000 ^r	705,746	566,922 ^r
Liabilities
Federal Reserve notes outstanding	2,436,967	2,192,130	79,284	66,817	750,189	705,757	72,804	61,623	114,939	101,042	172,027	164,169
Less: Notes held by Federal Reserve Bank	249,828	151,855	6,315	4,534	51,657	30,162	10,590	5,594	10,983	7,610	16,921	12,910
Federal Reserve notes outstanding, net	2,187,139	2,040,275	72,969	62,283	698,532	675,595	62,214	56,029	103,956	93,432	155,106	151,259
Securities sold under agreements to repurchase ¹	2,183,041	216,051	36,480	4,852	1,233,977	111,862	46,108	4,929	79,432	6,760	146,281	13,541
Deposits
Depository institutions	3,644,277	2,994,932	103,751	107,297	1,810,633	1,274,441	85,730	99,375	165,462	207,045	394,655	392,342
Treasury, general account	406,108	1,728,569	n/a	n/a	406,108	1,728,569	n/a	n/a	n/a	n/a	n/a	n/a
Other deposits ⁸	264,593	217,665	19	1,861	61,911	78,244	1	1	258	4,020	647	774
Total deposits	4,314,978	4,941,166	103,770	109,158	2,278,652	3,081,254	85,731	99,376	165,720	211,065	395,302	393,116
Other liabilities
Accrued remittances to the Treasury⁹	4,384	0	51	12 ^r	2,944	0	69	0	32	13 ^r	325	45 ^r
Deferred credit items	659	698	0	0	0	0	0	0	0	0	0	0
Consolidated variable interest entities: Other liabilities	156	213	152	187	4	26	n/a	n/a	n/a	n/a	n/a	n/a
Deposit - Treasury funding of lending facility credit protection	0	1,500	0	1,500	0	0	n/a	n/a	n/a	n/a	n/a	n/a
All other liabilities¹⁰	5,579	10,143	200	410	2,262	4,876	202	297	236	340	578	799
Total liabilities	8,695,936	7,210,046	213,622	178,402 ^r	4,216,371	3,873,613	194,324	160,631	349,376	311,610 ^r	697,592	558,760 ^r
Capital accounts
Capital paid-in	33,877	32,376	1,459	1,470	11,797	10,880	1,256	1,163	3,311	2,800	6,793	6,738
Surplus (including accumulated other comprehensive loss)	6,785	6,825	292	310	2,363	2,294	252	245	663	590	1,361	1,420
Total Reserve Bank capital	40,662	39,201	1,751	1,780	14,160	13,174	1,508	1,408	3,974	3,390	8,154	8,158
Consolidated variable interest entities formed to administer credit and liquidity facilities: Non-controlling interest	19,801	110,646	14,060	35,098	5,742	75,548	n/a	n/a	n/a	n/a	n/a	n/a
Total Reserve Bank capital and consolidated variable interest entities non-controlling interest	60,463	149,847	15,811	36,878	19,902	88,722	1,508	1,408	3,974	3,390	8,154	8,158
Total liabilities and capital accounts	8,756,399	7,359,893	229,433	215,268	4,236,273	3,962,335	195,832	162,039	353,350	314,987	705,746	566,873

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

1. Contract amount of agreements. Return to table

2. Treasury securities, Government-sponsored enterprise debt securities, and Federal agency and government-sponsored enterprise mortgage-backed are presented at amortized cost, net of unamortized premiums and unamortized discounts. Prior year unamortized premiums and unamortized discounts were reclassified to align with current year presentation. Return to table

3. Treasury securities and Government-sponsored debt securities may be lent to primary dealers to facilitate the effective conduct of open market operations. Holdings are presented net of securities lent. Return to table

4. The Federal Reserve Bank of Boston is the primary beneficiary of MS Facilities LLC (Main Street Lending Program), and the Federal Reserve Bank of New York is the primary beneficiary of Commercial Paper Funding Facility LLC, Corporate Credit Facilities LLC, Municipal Liquidity Facility LLC, and Term Asset-Backed Securities Loan Facility II LLC. As a result, the accounts and results of operations of those LLCs are included in the combined financial statements of the Federal Reserve Banks. 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 depository institution overdrafts. In 2021, furniture and equipment is reported in bank premises and equipment, net. Prior year furniture and equipment was reclassified to align with current year presentation. Return to table

8. Includes deposits of government-sponsored enterprises (GSEs), international and designated financial market utilities. Also includes certain deposit accounts for services provided by the Reserve banks as fiscal agents of the United States. In 2021, includes foreign official deposit accounts. Prior year foreign official deposit accounts were reclassified to align with current year presentation. 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.

r Revised.

Millions of dollars

Item	Atlanta		Chicago		St. Louis		Minneapolis		Kansas City		Dallas		San Francisco
Item	2021	2020	2021	2020	2021	2020	2021	2020	2021	2020	2021	2020	2021	2020
Assets
Gold certificates	1,534	1,529	712	713	325	329	183	180	302	297	938	920	1,501	1,471
Special drawing rights certificates	654	654	424	424	150	150	90	90	153	153	282	282	574	574
Coin	110	154	227	258	18	33	33	43	88	106	154	183	226	293
Loans and securities
Loans to depository institutions	50	37	161	95	0	1	10	10	23	16	10	47	236	398
Other Loans, net	82	2,120	85	1,403	389	1,383	12,232	7,945	445	4,451	211	1,865	8,706	11,073
Securities purchased under agreements to resell ¹	0	74	0	56	0	16	0	9	0	16	0	48	0	124
Treasury securities, net² ^, ³	346,715	365,230	322,915	276,809	77,147	78,302	45,787	46,837	78,579	78,809	261,678	238,843	604,051	615,084
Federal agency and government-sponsored enterprise mortgage-backed securities, net ²	157,336	155,478	146,536	117,838	35,009	33,332	20,778	19,938	35,658	33,549	118,747	101,676	274,112	261,841
Government-sponsored enterprise debt securities, net ^2, ³	153	194	142	147	34	42	20	25	35	42	115	127	266	327
Total loans and securities	504,336	523,133	469,839	396,348	112,579	113,076	78,827	74,764	114,740	116,883	380,761	342,606	887,371	888,847
Consolidated variable interest entities: Assets held, net ⁴	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
Accrued interest receivable - System Open Market Account	1,814	2,213	1,690	1,677	404	475	240	284	411	478	1,369	1,446	3,164	3,732
Foreign currency denominated investments, net ⁵	920	1,101	797	862	387	364	173	174	220	234	366	264	2,994	3,306
Central bank liquidity swaps ⁶	151	887	131	694	64	293	28	140	36	189	60	212	492	2,663
Other assets
Bank premises and equipment, net	213	217	206	205	103	106	108	97	246	249	242	239	254	242
Items in process of collection	76	132	0	*	0	*	*	*	0	*	0	*	0	*
Deferred asset - remittances to the Treasury	0	0 ^r	0	17	0	11	0	9	0	2	0	24	0	0 ^r
Interdistrict settlement account	97,915	−112,353	135,797	5,189	27,887	−19,246	2,942	−12,985	29,550	−12,766	85,680	−31,818	80,913	−165,789
All other assets ⁷	59	68	34	33	100	91	111	77	117	113	38	39	134	132
Total assets	607,782	417,735 ^r	609,857	406,420	142,017	95,682	82,735	62,873	145,863	105,938	469,890	314,397	977,623	735,471 ^r
Liabilities
Federal Reserve notes outstanding	360,449	302,765	144,134	142,287	70,794	63,686	38,061	63,247	63,274	59,920	220,480	186,470	350,532	301,347
Less: Notes held by Federal Reserve Bank	32,723	21,798	22,227	9,680	5,845	4,660	4,873	2,680	7,313	4,736	27,361	13,854	53,020	33,638
Federal Reserve notes outstanding, net	327,726	280,967	121,907	132,607	64,949	59,026	33,188	33,567	55,961	55,184	193,119	172,616	297,512	267,709
Securities sold under agreements to repurchase ¹	127,909	15,922	119,129	12,067	28,461	3,414	16,892	2,042	28,989	3,436	96,538	10,412	222,845	26,815
Deposits
Depository institutions	149,017	114,835	170,267	140,534	47,564	32,260	31,247	26,641	57,295	40,311	178,123	125,751	450,533	434,101
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
Other deposits ⁸	527	2,806	196,455	119,071	11	2	983	88	2,951	6,324	758	4,447	71	27
Total deposits	149,544	117,641	366,722	259,605	47,575	32,262	32,230	26,729	60,246	46,635	178,881	130,198	450,604	434,128
Other liabilities
Accrued remittances to the Treasury⁹	251	68 ^r	148	0	34	0	67	0	55	0	90	0	318	57 ^r
Deferred credit items	659	696	0	0	0	0	*	0	*	3	0	0	0	0
Consolidated variable interest entities: Other liabilities	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
Deposit - Treasury funding of lending facility credit protection	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
All other liabilities ¹⁰	370	668	410	604	179	236 ^r	153	200 ^r	193	257	285	463 ^r	514	989
Total liabilities	606,459	415,962 ^r	608,316	404,883	141,198	94,938 ^r	82,530	62,538	145,444	105,515	468,913	313,689	971,793	729,698 ^r
Capital accounts
Capital paid-in	1,102	1,464	1,284	1,269	682	616	171	275	349	350	814	583	4,857	4,768
Surplus (including accumulated other comprehensive loss)	221	309	257	267	137	130	34	58	70	74	163	123	973	1,005
Total Reserve Bank capital	1,323	1,773	1,541	1,536	819	746	205	333	419	424	977	706	5,830	5,773
Consolidated variable interest entities formed to administer credit and liquidity facilities: Non-controlling interest	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
Total Reserve Bank capital and consolidated variable interest entities non-controlling interest	1,323	1,773	1,541	1,536	819	746	205	333	419	424	977	706	5,830	5,773
Total liabilities and capital accounts	607,782	417,735 ^r	609,857	406,419	142,017	95,684 ^r	82,735	62,871	145,863	105,939	469,890	314,395	977,623	735,471 ^r

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

1. Contract amount of agreements. Return to table

2. Treasury securities, Government-sponsored enterprise debt securities, and Federal agency and government-sponsored enterprise mortgage-backed are presented at amortized cost, net of unamortized premiums and unamortized discounts. Prior year unamortized premiums and unamortized discounts were reclassified to align with current year presentation. Return to table

3. Treasury securities and Government-sponsored debt securities may be lent to primary dealers to facilitate the effective conduct of open market operations. Holdings are presented net of securities lent. Return to table

4. The Federal Reserve Bank of Boston is the primary beneficiary of MS Facilities LLC (Main Street Lending Program), and the Federal Reserve Bank of New York is the primary beneficiary of Commercial Paper Funding Facility LLC, Corporate Credit Facilities LLC, Municipal Liquidity Facility LLC, and Term Asset-Backed Securities Loan Facility II LLC. As a result, the accounts and results of operations of those LLCs are included in the combined financial statements of the Federal Reserve Banks. 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 depository institution overdrafts. In 2021, furniture and equipment is reported in bank premises and equipment, net. Prior year furniture and equipment was reclassified to align with current year presentation. Return to table

8. Includes deposits of government-sponsored enterprises (GSEs), international and designated financial market utilities. Also includes certain deposit accounts for services provided by the Reserve Banks as fiscal agents of the United States. In 2021, includes foreign official deposit accounts. Prior year foreign official deposit accounts were reclassified to align with current year presentation. 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.

r Revised.

Millions of dollars

Item	2021	2020
Federal Reserve notes outstanding	2,436,967	2,192,130
Less: Notes held by Federal Reserve Banks not subject to collateralization	249,828	151,855
Collateralized Federal Reserve notes	2,187,139	2,040,275

Collateral for Federal Reserve notes
Gold certificates	11,037	11,037
Special drawing rights certificates	5,200	5,200
U.S. Treasury securities ¹	2,170,902	2,024,038
Total collateral	2,187,139	2,040,275

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
Current income
Interest income
Primary, secondary, and seasonal loans	1,879	59	627	108	0	33
Other loans, net	226,773	5,996	31,976	11,174	31,096	6,511
Interest income on securities purchased under agreements to resell	565	13	293	13	18	35
Treasury securities, net	92,610,283	1,675,573	51,290,598	1,993,732	3,256,152	6,109,103
Federal agency and government-sponsored enterprise mortgage-backed securities, net	29,618,781	541,483	16,357,574	639,289	1,036,420	1,949,602
Government-sponsored enterprise debt securities, net	133,987	2,471	73,823	2,898	4,670	8,804
Foreign currency denominated investments, net	−44,809	−2,057	−15,058	−1,610	−3,864	−9,358
Central bank liquidity swaps¹	7,293	343	2,451	262	625	1,535
Total interest income	122,554,752	2,223,881	67,742,284	2,645,866	4,325,117	8,066,265
Income from priced services	456,257	0	133,470	0	0	0
Securities lending fees	28,780	551	15,688	629	985	1,876
Other income	18,706	306	11,310	354	564	1,067
Total other income	503,743	857	160,468	983	1,549	2,943
Total current income	123,058,495	2,224,738	67,902,752	2,646,849	4,326,666	8,069,208
Net expenses
Salaries and other benefits	3,889,706	251,740	816,948	159,295	191,336	544,812
Building	318,190	31,931	67,735	14,351	16,719	35,249
Equipment	231,296	9,551	20,856	8,338	8,728	103,701
Software costs	357,046	8,030	35,748	4,043	11,109	196,517
Recoveries	−330,906	−41,029	−23,305	−20,493	−6,925	−51,790
Expenses capitalized ²	−104,236	−14,447	−20,926	−439	−11,573	−3,737
Other expenses	730,576	125,379	272,121	54,564	48,830	−393,591
Total operating expenses before pension expense and reimbursements	5,091,672	371,155	1,169,177	219,659	258,224	431,161
System pension service costs ³	954,132	0	954,132	0	0	0
Reimbursable services to government agencies	−786,316	−5,992	−187,011	−2,658	−79,561	−27,990
Operating expenses	5,259,488	365,163	1,936,298	217,001	178,663	403,171
Interest expense on securities sold under agreements to repurchase	414,273	6,923	234,170	8,750	15,074	27,760
Interest to depository institutions and others	5,332,558	113,761	2,784,931	136,410	241,173	418,908
Other expenses	1,608	31	878	34	55	104
Net expenses	11,007,927	485,878	4,956,277	362,195	434,965	849,943
Current net income	112,050,568	1,738,860	62,946,475	2,284,654	3,891,701	7,219,265
Additions to (+) and deductions from (−) current net income
Profit on sales of Treasury securities	23	0	13	0	0	2
Losses on sales of federal agency and government-sponsored enterprise mortgage-backed securities	−34,920	−1,231	−14,384	−928	−696	−1,851
Foreign currency translation (losses)	−1,856,034	−86,538	−623,734	−66,734	−159,372	−389,530
Other components of net benefit cost	366,295	−184	356,877	−25	−659	8,113
Net additions or deductions	−12,882	−8	−11,535	−8	−12	−539
Net additions or deductions to current net income	−1,537,518	−87,961	−292,763	−67,695	−160,739	−383,805
Assessments by Board
Board expenditures ⁴	970,000	43,823	325,476	35,742	84,840	201,017
Cost of currency	1,035,105	43,295	213,019	40,832	64,191	91,795
Consumer Financial Protection Bureau ⁵	627,500	28,485	210,484	23,209	54,946	130,008
Assessments by the Board of Governors	2,632,605	115,603	748,979	99,783	203,977	422,820
Consolidated variable interest entities
Net income from consolidated variable interest entities	975,095	804,156	170,939	0	0	0
Non-controlling interest in consolidated variable interest entities (income), net	−926,873	−787,991	−138,882	0	0	0
Reserve Bank and consolidated variable interest entities net income before providing for remittances to the Treasury	107,928,666	1,551,461	61,936,791	2,117,175	3,526,985	6,412,639
Earnings remittances to the Treasury	109,024,672	1,544,170	63,221,175	2,102,326	3,418,006	6,393,101
Net income after providing for remittances to the Treasury	−1,096,006	7,291	−1,284,384	14,849	108,980	19,538
Other comprehensive income (loss)	1,639,423	870	1,529,969	13,115	12,918	27,865
Comprehensive income	543,417	8,161	245,585	27,964	121,898	47,403
Distribution of comprehensive income
Dividends on capital stock	583,417	25,776	176,264	21,374	48,880	107,258
Transferred to/from surplus and change in accumulated other comprehensive income	−40,000	−17,615	69,320	6,590	73,018	−59,854
Earnings remittances to the Treasury	109,024,672	1,544,170	63,221,175	2,102,326	3,418,006	6,393,101
Total distribution of comprehensive income	109,568,089	1,552,331	63,466,759	2,130,290	3,539,904	6,440,505

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 Federal Reserve Bank of New York. Return to table

4. For additional details, see the Board of Governors Financial Statements at https://www.federalreserve.gov/aboutthefed/audited-annual-financial-statements.htm. Return to table

5. 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

Item	Atlanta	Chicago	St. Louis	Minneapolis	Kansas City	Dallas	San Francisco
Current income
Interest income
Primary, secondary, and seasonal loans	81	150	6	29	38	66	682
Other loans, net	3,755	2,892	3,428	60,347	8,639	3,742	57,215
Interest income on securities purchased under agreements to resell	42	32	9	5	9	27	70
Treasury securities, net	5,762,651	5,082,370	1,268,919	754,739	1,288,210	4,183,856	9,944,381
Federal agency and government-sponsored enterprise mortgage-backed securities, net	1,857,736	1,626,704	408,519	243,051	414,553	1,341,958	3,201,893
Government-sponsored enterprise debt securities, net	8,459	7,363	1,858	1,106	1,885	6,085	14,565
Foreign currency denominated investments, net	−2,075	−1,752	−823	−374	−482	−740	−6,617
Central bank liquidity swaps¹	356	284	123	58	77	95	1,084
Total interest income	7,631,005	6,718,043	1,682,039	1,058,961	1,712,929	5,535,089	13,213,273
Income from priced services	230,672	92,115	0	0	0	0	0
Securities lending fees	1,871	1,586	409	244	414	1,321	3,207
Other income	1,043	899	230	137	235	749	1,812
Total other income	233,586	94,600	639	381	649	2,070	5,019
Total current income	7,864,591	6,812,643	1,682,678	1,059,342	1,713,578	5,537,159	13,218,292
Net expenses
Salaries and other benefits	296,023	324,166	239,645	174,529	301,959	212,756	376,498
Building	18,920	32,151	17,715	12,765	19,698	20,500	30,456
Equipment	14,454	13,154	5,890	4,908	11,798	11,306	18,613
Software costs	16,855	7,037	6,735	3,516	31,249	7,411	28,797
Recoveries	−7,905	−22,886	−9,694	−15,323	−43,139	−31,832	−56,586
Expenses capitalized ²	−1,797	−4,132	−2,534	−8,358	−19,016	−2,310	−14,969
Other expenses	171,149	80,485	186,340	16,665	33,748	45,921	88,964
Total operating expenses before pension expense and reimbursements	507,699	429,975	444,097	188,702	336,297	263,752	471,773
System pension service costs³	0	0	0	0	0	0	0
Reimbursable services to government agencies	−28,669	−3,403	−262,239	−42,870	−123,500	−20,163	−2,260
Operating expenses	479,030	426,572	181,858	145,832	212,797	243,589	469,513
Interest expense on securities sold under agreements to repurchase	24,273	22,607	5,401	3,205	5,501	18,320	42,289
Interest to depository institutions and others	183,042	428,403	59,333	44,332	67,425	195,031	659,809
Other expenses	104	89	23	14	24	74	178
Net expenses	686,449	877,671	246,615	193,383	285,747	457,014	1,171,789
Current net income	7,178,142	5,934,972	1,436,063	865,959	1,427,831	5,080,145	12,046,503
Additions to (+) and deductions from (−) current net income
Profit on sales of Treasury securities	1	1	0	0	0	1	2
Profit Losses on sales of federal agency and government-sponsored enterprise mortgage-backed securities	−3,749	−2,050	−767	−463	−759	−1,992	−6,048
Foreign currency translation (losses)	−88,765	−72,342	−32,401	−15,040	−19,779	−26,667	−275,132
Other components of net benefit cost	1,526	−1,008	3,167	555	−4,001	3,283	−1,349
Net additions or deductions	−385	−24	−283	3	9	−39	−60
Net additions or deductions to current net income	−91,372	−75,423	−30,284	−14,945	−24,530	−25,414	−282,587
Assessments by Board
Board expenditures ⁴	43,896	37,883	18,322	6,945	10,563	18,841	142,650
Cost of currency	152,215	90,103	32,839	19,865	33,526	96,006	157,419
Consumer Financial Protection Bureau⁵	28,467	24,477	11,787	4,351	6,830	12,184	92,274
Assessments by the Board of Governors	224,578	152,463	62,948	31,161	50,919	127,031	392,343
Consolidated variable interest entities
Net income from consolidated variable interest entities	0	0	0	0	0	0	0
Non-controlling interest in consolidated variable interest entities (income), net	0	0	0	0	0	0	0
Reserve Bank and consolidated variable interest entities net income before providing for remittances to the Treasury	6,862,191	5,707,086	1,342,831	819,852	1,352,382	4,927,701	11,371,572
Earnings remittances to the Treasury	6,930,134	5,693,612	1,319,510	850,941	1,352,939	4,879,302	11,319,456
Net income after providing for remittances to the Treasury	−67,943	13,474	23,321	−31,089	−557	48,399	52,115
Other comprehensive income (loss)	9,588	6,912	−350	15,555	10,635	11,219	1,126
Comprehensive income	−58,355	20,386	22,971	−15,534	10,078	59,618	53,242
Distribution of comprehensive income
Dividends on capital stock	29,586	30,611	16,155	8,349	13,887	19,615	85,662
Transferred to/from surplus and change in accumulated other comprehensive income	−87,941	−10,225	6,817	−23,883	−3,809	40,002	−32,420
Earnings remittances to the Treasury	6,930,134	5,693,612	1,319,510	850,941	1,352,939	4,879,302	11,319,456
Total distribution of comprehensive income	6,871,779	5,713,998	1,342,482	835,407	1,363,017	4,938,919	11,372,698

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 Federal Reserve Bank of New York. Return to table

4. For additional details, see the Board of Governors Financial Statements at https://www.federalreserve.gov/aboutthefed/audited-annual-financial-statements.htm. Return to table

5. 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 ^, ²	Assessments by the Board of Governors			Other comprehensive income (loss)	Dividends paid	Distributions to the U.S. Treasury		Transferred to/from surplus ⁵	Transferred to/from surplus and change in accumulated other comprehensive income ⁶
Federal Reserve Bank and period	Current income	Net expenses	Net additions or deductions (−) ¹ ^, ²	Board expenditures	Costs of currency	Consumer Financial Protection Bureau and Office of Financial Research³	Other comprehensive income (loss)	Dividends paid	Statutory transfers ⁴	Interest on Federal Reserve notes	Transferred to/from surplus ⁵
All banks
1914–15	2,173	2,018	6	302	n/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
2020	102,036,168	13,454,957	2,266,152	947,000	831,133	517,300	−1,275,509	386,312	86,890,110	n/a	n/a	0
2021	123,058,495	11,007,927	−1,489,296	970,000	1,035,105	627,500	1,639,423	583,417	109,024,672	n/a	n/a	−40,000
Total 1914–2021	2,084,162,241	287,981,632	39,532,652	14,017,118	19,482,577	5,496,877	−930,460	26,402,194	558,222,744	1,198,433,402	−4	12,727,389⁷
Aggregate for each Bank, 1914–2021
Boston	70,617,546	9,313,076	343,552	610,116	1,007,336	244,491	16,241	1,156,752	13,316,590	44,842,511	135	500,468
New York	977,689,395	136,554,303	27,216,053	4,105,218	4,957,821	1,780,947	−1,217,309	7,492,074	298,926,827	545,077,826	−433	4,793,662
Philadelphia	62,987,155	9,343,663	792,580	805,781	879,147	324,276	25,483	1,792,803	13,933,479	36,308,189	291	418,097
Cleveland	83,035,070	9,033,414	694,154	1,079,213	1,131,760	440,272	36,546	1,979,028	19,517,876	49,612,575	−10	964,710
Richmond	148,492,186	21,093,144	2,272,218	2,729,578	1,674,986	1,167,850	79,076	5,310,948	35,130,242	81,295,580	−72	2,461,326
Atlanta	137,800,678	18,872,326	1,762,528	885,925	2,230,643	303,036	51,427	1,703,512	39,461,437	75,616,315	5	571,214
Chicago	160,992,680	20,096,594	1,896,899	856,585	1,957,707	188,491	24,237	1,549,885	27,781,829	109,806,844	12	673,491
St. Louis	46,966,231	5,696,456	413,475	228,266	667,965	66,206	27,018	419,831	8,917,917	31,149,772	−27	242,440
Minneapolis	26,193,791	5,395,082	419,989	224,366	380,703	32,525	24,336	472,842	4,504,264	15,436,029	65	187,651
Kansas City	51,976,545	8,045,857	575,478	240,913	677,683	55,955	−7,556	461,957	8,392,996	34,476,668	−9	190,587
Dallas	86,126,145	10,556,608	1,120,727	355,674	1,273,259	82,090	30,627	662,432	24,126,628	49,889,286	55	289,028
San Francisco	231,284,809	33,981,110	2,024,999	1,895,486	2,643,565	810,745	−20,585	3,400,129	64,212,662	124,921,807	−17	1,434,718
Total	2,084,162,241	287,981,632	39,532,652	14,017,118	19,482,577	5,496,877	−930,460	26,402,194	558,222,744	1,198,433,402	−4	12,727,389

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. The Federal Reserve Bank of Boston is the primary beneficiary of MS Facilities LLC (Main Street Lending Program), and the Federal Reserve Bank of New York is the primary beneficiary of Commercial Paper Funding Facility LLC, Corporate Credit Facilities LLC, Municipal Liquidity Facility LLC, and Term Asset-Backed Loan Facility II LLC. As a result, the accounts and results of operations of those LLCs are included in the combined financial statements of the Federal Reserve Banks. Return to table

3. 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

4. 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 to present. Return to table

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

6. 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

7. The $12,727,389 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), and $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 $6,785,000 thousand on December 31, 2021. Return to table

n/a Not Applicable.

Operation	2021	2020	2019	2018
Millions of pieces
Currency processed	28,172	26,596	33,042	34,312
Currency destroyed	1,351	2,044 ^r	5,141 ^r	4,820 ^r
Coin received	30,370	33,994	56,101	56,012
Checks handled
U.S. government checks ¹	131	83	52	53
Postal money orders	70	74	80	83
Commercial	3,657	3,767	4,389	4,740
Securities transfers ²	19	21	19	17
Funds transfers ³	204	184	168	158
Automated clearinghouse transactions
Commercial	17,895	16,549	15,584	14,692
Government	1,959	1,878	1,704	1,668
Millions of dollars
Currency processed	657,495	561,278	665,246	659,126
Currency destroyed	20,445	30,560 ^r	84,323 ^r	98,682 ^r
Coin received	2,811	3,294	5,408	5,387
Checks handled
U.S. government checks ¹	272,637	205,905	149,337	148,149
Postal money orders	20,161	20,558	21,412	21,034
Commercial	8,757,539	7,874,721	8,317,894	8,485,159
Securities transfers ²	310,827,220	361,728,932	345,813,248	296,335,209
Funds transfers ³	991,810,545	840,483,038	695,835,129	716,211,759
Automated clearinghouse transactions
Commercial	31,446,232	31,446,232	28,081,631	25,860,072
Government	8,118,875	6,852,715	5,787,018	5,515,114

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

r Revised.

Federal Reserve Bank (including branches)	President	Other officers		Employees				Total
	Annual salary (dollars)¹	Number	Annual salaries (dollars) ¹	Number			Annual salaries (dollars) ^1, ³	Number	Annual salaries (dollars) ^1, ³
	Annual salary (dollars)¹	Number	Annual salaries (dollars) ¹	Full time	Part time	Temporary/ hourly ²	Annual salaries (dollars) ^1, ³	Number	Annual salaries (dollars) ^1, ³
Boston⁴	0	117	32,667,033	1,091	7	8	144,227,933	1,223	176,894,966
New York	513,400	588	168,501,482	2,351	19	0	340,204,800	2,959	509,219,682
Philadelphia	448,200	73	17,612,000	788	7	19	91,088,224	888	109,148,424
Cleveland	441,400	93	22,349,890	1,013	16	27	108,624,044	1,150	131,415,334
Richmond	418,000	97	22,516,200	1,391	7	9	148,584,060	1,505	171,518,260
Atlanta	430,200	113	27,263,199	1,521	18	27	166,175,331	1,680	193,868,730
Chicago	464,000	148	38,335,628	1,454	23	0	181,297,649	1,626	220,097,277
St. Louis	416,300	107	26,609,700	1,280	18	12	135,880,826	1,418	162,906,826
Minneapolis	448,300	65	15,882,667	963	39	9	98,716,907	1,077	115,047,874
Kansas City	416,500	113	24,165,900	1,919	13	8	174,337,568	2,054	198,919,968
Dallas ⁵	0	83	20,224,373	1,150	10	21	116,830,072	1,264	137,054,445
San Francisco	497,400	140	38,119,695	1,623	16	19	202,057,942	1,799	240,675,037
Federal Reserve Information Technology	n/a	79	19,629,300	1,352	1	2	179,947,466	1,434	199,576,766
Office of Employee Benefits	n/a	17	5,036,800	46	1	0	6,654,260	64	11,691,060
Total	4,493,700	1,833	478,913,867	17,942	195	161	2,094,627,082	20,141	2,578,034,648

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

1. Annual salary (excluding outside agency costs) based on salaries in effect on December 31, 2021. 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). Return to table

3. Annual salary totals include pandemic premium pay for essential staff as a result of COVID-19. Return to table

4. FRB Boston president retired in September 2021. Return to table

5. FRB Dallas president retired in October 2021. 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	Total²	Net book value	Other real estate
Boston	27,293	215,015	242,308	77,945	n/a
New York	68,398	667,323	735,721	368,494	n/a
Philadelphia	8,146	200,294	208,440	112,633	n/a
Cleveland	4,219	165,035	169,254	88,793	n/a
Cincinnati	5,126	33,826	38,952	10,350	n/a
Richmond	32,524	205,747	238,271	105,707	n/a
Baltimore	7,917	44,505	52,422	22,213	n/a
Charlotte	7,884	46,877	54,761	25,726	n/a
Atlanta	25,329	165,748	191,077	117,363	n/a
Birmingham	5,347	13,433	18,780	9,499	n/a
Jacksonville	2,185	28,315	30,500	13,087	n/a
New Orleans	3,789	16,752	20,541	8,314	n/a
Miami	4,664	38,756	43,420	17,446	n/a
Chicago	7,460	267,954	275,414	100,656	n/a
Detroit	13,371	76,869	90,240	62,210	n/a
St. Louis	9,942	156,939	166,881	79,823	n/a
Memphis	2,472	22,382	24,854	6,766	n/a
Minneapolis	28,099	124,960	153,059	90,655	n/a
Helena	3,316	10,398	13,714	6,281	n/a
Kansas City	38,985	220,088	259,073	192,438	n/a
Denver	4,957	17,795	22,752	12,185	n/a
Omaha	4,874	13,936	18,810	11,132	n/a
Dallas	37,960	160,255	198,215	110,731	n/a
El Paso	262	6,207	6,469	1,458	n/a
Houston	32,323	106,261	138,584	96,838	n/a
San Francisco	20,988	153,752	174,740	70,462	n/a
Los Angeles	5,217	80,641	85,858	36,813	n/a
Salt Lake City	1,294	6,508	7,802	1,897	n/a
Seattle	13,101	50,282	63,383	45,305	n/a
Phoenix	1,089	15,401	16,490	9,665	n/a
Total	428,531	3,332,254	3,760,785	1,938,596	n/a

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

2. Effective January 1, 2021, the Building machinery and equipment asset class was reclassified to furniture and equipment and is no longer included in premises of the Federal Reserve Banks and Branches. Return to table

n/a Not Applicable.

Board of Governors of the Federal Reserve System

Annual Report - 2021

Statistical Tables

Table G.1. Federal Reserve open market transactions, 2021

Table G.2. Federal Reserve Bank holdings of U.S. Treasury and federal agency securities, December 31, 2019–21

Table G.3. Reserve requirements of depository institutions, December 31, 2021

Table G.4. Banking offices and banks affiliated with bank holding companies in the United States, December 31, 2020 and 2021

Table G.5A. Reserves of depository institutions, Federal Reserve Bank credit, and related items, year-end 1984–2021 and month-end 2021

Table G.5A.—continued

Table G.5B. Reserves of depository institutions, Federal Reserve Bank credit, and related items, year-end 1918–1983

Table G.5B.—continued

Table G.6. Principal assets and liabilities of insured commercial banks, by class of bank, June 30, 2021 and 2020

Table G.7. Initial margin requirements under Regulations T, U, and X

Table G.8A. Statement of condition of the Federal Reserve Banks, by Bank, December 31, 2021 and 2020

Table G.8A. Statement of condition of the Federal Reserve Banks, by Bank, December 31, 2021 and 2020—continued

Table G.8B. Statement of condition of the Federal Reserve Banks, December 31, 2021 and 2020 Supplemental information—collateral held against Federal Reserve notes: Federal Reserve agents' accounts

Table G.9. Income and expenses of the Federal Reserve Banks, by Bank, 2021

Table G.9. Income and expenses of the Federal Reserve Banks, by Bank, 2021—continued

Table G.10. Income and expenses of the Federal Reserve Banks, 1914–2021

Table G.11. Operations in principal departments of the Federal Reserve Banks, 2018–21

Table G.12. Number and annual salaries of officers and employees of the Federal Reserve Banks, December 31, 2021

Table G.13. Acquisition costs and net book value of the premises of the Federal Reserve Banks and Branches, December 31, 2021