Statistical Tables

Millions of dollars

Type of security and transaction	Jan.	Feb.	Mar.	Apr.	May	June	July	Aug.	Sept.	Oct.	Nov.	Dec.	Total
U.S. Treasury securities¹
Outright transactions²
Treasury bills
Gross purchases	0	0	0	0	75	75	0	0	0	0	0	50	200
Gross sales	0	0	0	0	0	0	0	0	0	0	0	0	0
Exchanges	41,376	70,514	3,611	42,528	70,592	12,349	39,657	67,643	9,205	62,800	53,958	12,266	486,499
For new bills	41,376	70,514	3,611	42,528	70,592	12,349	39,657	67,643	9,205	62,800	53,958	12,266	486,499
Redemptions	6,616	0	15,210	0	0	0	0	0	0	0	0	0	21,826
Others up to 1 year
Gross purchases	75	0	0	0	0	0	0	0	75	0	0	50	200
Gross sales	0	0	0	0	0	0	0	0	0	0	0	0	0
Exchanges	0	−17,342	0	−3,150	−30,138	−3,849	−39,668	−23,772	−21,358	−5,850	−30,378	−16,532	−192,037
Redemptions	53,391	60,000	44,790	59,989	60,000	25,000	24,986	25,000	25,000	24,998	25,000	25,000	453,154
Over 1 to 5 years
Gross purchases	0	0	20	0	25	0	0	25	0	0	0	0	70
Gross sales	0	17	0	0	0	0	0	0	0	0	75	0	92
Exchanges	0	9,488	0	1,872	17,205	1,876	23,582	11,030	14,477	4,052	14,095	11,453	109,130
Over 5 to 10 years
Gross purchases	0	0	30	50	0	0	0	0	0	0	0	0	80
Gross sales	0	33	0	0	0	0	0	0	0	0	0	0	33
Exchanges	0	4,923	0	853	8,841	1,261	11,342	7,988	5,130	1,277	10,207	3,705	55,527
More than 10 years
Gross purchases	0	48	0	0	0	0	50	0	0	75	0	0	173
Gross sales	0	0	0	0	0	25	0	50	0	0	0	0	75
Exchanges	0	2,931	0	425	4,092	712	4,744	4,754	1,751	521	6,076	1,374	27,380
All maturities
Gross purchases	75	48	50	50	100	75	50	25	75	75	0	100	723
Gross sales	0	50	0	0	0	25	0	50	0	0	75	0	200
Redemptions	60,007	60,000	60,000	59,989	60,000	25,000	24,986	25,000	25,000	24,998	25,000	25,000	474,980
Net change in U.S. Treasury securities	−59,932	−60,002	−59,950	−59,939	−59,900	−24,950	−24,936	−25,025	−24,925	−24,923	−25,075	−24,900	−474,457
Federal agency obligations
Outright transactions²
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 securities³
Net settlements²
Net change in mortgage-backed securities	−14,616	−13,921	−14,800	−16,387	−17,406	−18,646	−17,806	−18,393	−17,720	−16,115	−16,981	−15,719	−198,510
Total net change in securities holdings⁴	−74,548	−73,923	−74,750	−76,326	−77,306	−43,596	−42,742	−43,418	−42,645	−41,038	−42,056	−40,619	−672,967
Temporary transactions
Repurchase agreements⁵	1	5	5	6	7	11	30	5	99	6	7	7	n/a
Reverse repurchase agreements⁵	994,956	874,834	820,961	793,615	825,224	819,999	797,837	733,200	763,535	686,962	567,422	560,335	n/a
Foreign official and international accounts	353,099	337,147	344,040	359,502	367,982	383,328	396,940	399,781	421,492	399,508	386,995	391,191	n/a
Others	641,857	537,687	476,921	434,113	457,242	436,671	400,897	333,419	342,043	287,454	180,427	169,144	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 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	2024	2023	2022	2023–24	2022–23
U.S. Treasury securities¹
Held outright²	4,291,106	4,785,138	5,499,354	–494,032	–714,216
By remaining maturity
Bills
1–90 days	116,436	131,254	177,692	–14,818	–46,438
91 days to 1 year	78,907	85,715	111,833	–6,808	–26,118
Notes and bonds
1 year or less	544,845	676,304	892,496	–131,459	–216,192
More than 1 year through 5 years	1,465,857	1,614,977	1,915,468	–149,120	–300,491
More than 5 years through 10 years	548,993	771,726	937,231	–222,733	–165,505
More than 10 years	1,536,068	1,505,162	1,464,634	30,906	40,528
By type
Bills	195,343	216,969	289,525	–21,626	–72,556
Notes	2,364,266	2,863,795	3,521,904	–499,529	–658,109
Bonds	1,731,497	1,704,374	1,687,925	27,123	16,449
Federal agency securities¹
Held outright²	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	486	0	0	486	0
More than 5 years through 10 years	1,861	2,347	2,347	–486	0
More than 10 years	0	0	0	0	0
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 outright²	2,233,263	2,431,773	2,641,403	–198,510	–209,630
By remaining maturity
1 year or less	33	23	38	10	–15
More than 1 year through 5 years	3,811	4,895	4,020	–1,084	875
More than 5 years through 10 years	25,003	32,350	49,979	–7,347	–17,629
More than 10 years	2,204,416	2,394,505	2,587,366	–190,089	–192,861
By issuer
Federal Home Loan Mortgage Corporation	854,837	927,035	1,001,274	–72,198	–74,239
Federal National Mortgage Association	921,151	1,004,336	1,091,106	–83,185	–86,770
Government National Mortgage Association	457,275	500,402	549,023	–43,127	–48,621
Temporary transactions⁵
Repurchase agreements⁶	0	0	0	0	0
Repo operations	0	0	0	0	0
FIMA Repo Facility	0	0	0	0	0
Reverse repurchase agreements⁶	888,395	1,390,671	2,889,555	–502,276	–1,498,884
Foreign official and international accounts	414,935	372,188	335,839	42,747	36,349
Primary dealers and expanded counterparties	473,460	1,018,483	2,553,716	–545,023	–1,535,233

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

1. Par value. Return to table

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

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

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

5. Contract amount of agreements. Return to table

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

Liability type¹	Requirement
Liability type¹	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 banks¹					Savings bank
		Total	Member			Nonmember
		Total	Total	Nat'l	State	Nonmember
Banks
Number, Dec. 31, 2023	4,228	4,018	1,375	696	679	2,643	210
Changes during 2024	0	0	0	0	0	0	0
New banks	6	5	0	0	0	5	1
Banks converted into branches	–69	–69	–20	–11	–9	–49	0
Ceased banking operations²	–22	–22	–4	–2	–2	–18	0
Other³	0	2	15	2	13	–13	–2
Net change	–85	–84	–9	–11	2	–75	–1
Number, Dec. 31, 2024	4,143	3,934	1,366	685	681	2,568	209
Branches and additional offices
Number, Dec. 31, 2023	70,703	68,699	47,141	35,122	12,019	21,558	2,004
Changes during 2024	0	0	0	0	0	0	0
New branches	848	830	562	435	127	268	18
Banks converted to branches	69	69	26	9	17	43	0
Discontinued²	–1,661	–1,635	–1,252	–1,029	–223	–383	–26
Other³	0	–18	957	58	899	–975	18
Net change	–744	–754	293	–527	820	–1,047	10
Number, Dec. 31, 2024	69,959	67,945	47,434	34,595	12,839	20,511	2,014
Banks affiliated with BHCs
Number, Dec. 31, 2023	3,653	3,548	1,262	626	636	2,286	105
Changes during 2024	0	0	0	0	0	0	0
BHC-affiliated new banks	19	16	5	3	2	11	3
Banks converted into branches	–58	–58	–17	–10	–7	–41	0
Ceased banking operations²	–22	–22	–4	–2	–2	–18	0
Other³	0	2	13	2	11	–11	–2
Net change	–61	–62	–3	–7	4	–59	1
Number, Dec. 31, 2024	3,592	3,486	1,259	619	640	2,227	106

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 extensions³	Float	Other Federal Reserve assets⁴	Total⁴	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
2022	8,143,103	0	47,288	−539	343,400	8,533,252	11,041	5,200	51,471
2023	7,219,258	0	153,881	−556	311,982	7,684,565	11,041	5,200	52,616
2024	6,526,715	0	19,009	–1,089	278,964	6,823,599	11,041	15,200	53,103
2024, month-end
Jan.	7,112,224	0	187,050	–1,008	313,062	7,611,328	11,041	5,200	52,672
Feb.	7,037,833	1	183,648	–769	297,095	7,517,808	11,041	5,200	52,742
Mar.	7,005,123	3	155,567	–636	302,501	7,462,558	11,041	5,200	52,798
Apr.	6,892,206	2	149,140	–615	303,747	7,344,480	11,041	5,200	52,854
May	6,817,921	0	129,203	–382	289,069	7,235,811	11,041	5,200	52,924
June	6,792,122	3	128,274	–640	295,392	7,215,151	11,041	10,200	52,980
July	6,734,152	5	122,788	–1,029	298,719	7,154,635	11,041	10,200	53,036
Aug.	6,700,881	0	114,275	–429	286,505	7,101,232	11,041	10,200	53,031
Sept.	6,648,782	2,600	91,679	–678	288,754	7,031,137	11,041	10,200	53,087
Oct.	6,608,126	0	71,987	–885	291,098	6,970,326	11,041	10,200	53,157
Nov.	6,574,511	1	31,714	–558	276,842	6,882,510	11,041	10,200	53,047
Dec.	6,526,715	0	19,009	–1,089	278,964	6,823,599	11,041	15,200	53,103

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

1. Includes U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities (MBSs). 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 MBS. Return to table

3. Includes central bank liquidity swaps; primary, seasonal, secondary credit; and other credit extensions. From 2020 to 2024, included the following liquidity program and 13(3) facility: Paycheck Protection Program Liquidity Facility and MS Facilities 2020 LLC. From 2023 to 2024, also included the Bank Term Funding Program. From 2020 to 2023, also included the Municipal Facility LLC and Term Asset-Backed Securities Loan Facility II LLC. From 2020 to 2021, also included Money Market Mutual Fund Liquidity Facility; Primary Dealer Credit Facility; Commercial Paper Funding Facility II LLC; and Corporate Credit Facilities LLC. From 2015 to 2019, included Maiden Lane LLC. For disaggregated loans and other credit extensions from 1984 to 2014, refer to "Table 5B. 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 holdings⁷	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 holdings⁷	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	125	64,909	2,480	72,766	1,559,731
2012	1,169,159	107,188	150	0	92,720	n/a	6,427	27,476	n/a	66,093	1,491,044
2013	1,241,228	315,924	234	0	162,399	n/a	7,970	26,181	n/a	63,049	2,249,070
2014	1,342,957	509,837	201	0	223,452	n/a	5,242	20,320	n/a	61,447	2,377,995
2015	1,424,967	712,401	266	0	333,447	n/a	5,231	31,212	n/a	45,320	1,977,163
2016	1,509,440	725,210	166	0	399,190	n/a	5,165	53,248	n/a	46,943	1,759,675
2017	1,618,006	563,958	214	0	228,933	n/a	5,257	77,762	n/a	47,876	1,954,426
2018	1,719,302	304,012	214	0	402,138	n/a	5,245	73,073	n/a	45,007	1,555,954
2019	1,807,740	336,649	171	0	403,853	n/a	5,182	74,075	n/a	44,867	1,548,849
2020	2,089,224	216,051	28	0	1,728,569	n/a	21,838	194,327	n/a	163,075	2,994,932
2021	2,236,789	2,183,041	65	0	406,108	n/a	9,331	255,263	n/a	69,766	3,644,277
2022	2,309,128	2,889,555	99	0	446,685	n/a	8,935	218,227	n/a	43,522	2,684,814
2023	2,347,852	1,390,671	396	0	768,590	n/a	9,692	177,530	n/a	−76,067	3,134,759
2024	2,373,845	888,395	316	0	721,892	n/a	9,687	178,912	n/a	–162,469	2,892,363
2024, month-end
Jan.	2,326,951	977,603	413	0	865,481	n/a	9,688	175,387	n/a	–86,998	3,411,717
Feb.	2,333,473	833,149	477	0	837,099	n/a	9,692	160,260	n/a	–94,932	3,507,571
Mar.	2,343,890	976,765	444	0	775,268	n/a	13,908	174,831	n/a	–99,208	3,345,698
Apr.	2,346,160	932,236	451	0	962,428	n/a	9,695	162,595	n/a	–105,210	3,105,216
May	2,352,875	821,101	421	0	718,926	n/a	9,687	158,310	n/a	–118,799	3,362,455
June	2,352,915	1,053,066	409	0	777,798	n/a	9,686	166,476	n/a	–124,784	3,053,806
July	2,348,663	813,261	404	0	854,001	n/a	9,685	154,673	n/a	–130,475	3,178,700
Aug.	2,353,994	849,463	358	0	709,513	n/a	9,683	157,520	n/a	–136,440	3,231,413
Sept.	2,351,207	900,044	315	0	885,725	n/a	9,682	176,163	n/a	–142,193	2,924,521
Oct.	2,356,723	600,537	347	0	921,042	n/a	9,685	163,433	n/a	–153,792	3,146,749
Nov.	2,363,630	602,204	352	0	756,878	n/a	9,688	155,689	n/a	–158,106	3,226,462
Dec.	2,373,845	888,395	316	0	721,892	n/a	9,687	178,912	n/a	–162,469	2,892,363

6. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and GSE MBSs. 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. From 2020 to 2024, includes equity investments for outstanding LLCs. Negative amounts include the cumulative deferred asset position, which is incurred during a period when earnings are not sufficient to provide for the cost of operations, payment of dividends, and maintenance of surplus. The deferred asset is the amount of net earnings that the Federal Reserve Banks need to realize before remittances to the U.S. Treasury resume. In 2010, included funds from American International Group, Inc. asset dispositions, held as agent. Return to table

n/a Not applicable.

Millions of dollars

Period	Factors supplying reserve funds
	Federal Reserve Bank credit outstanding							Gold stock⁶	Special drawing rights certificate account	Treasury coin and currency outstanding⁷
	Securities held outright¹	Repurchase agreements²	Loans	Float³	All other⁴	Other Federal Reserve assets⁵	Total	Gold stock⁶	Special drawing rights certificate account	Treasury coin and currency outstanding⁷
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 holdings⁸	Deposits with Federal Reserve Banks, other than reserve balances			Other Federal Reserve accounts⁵	Required clearing balances	Other Federal Reserve liabilities and capital⁵	Member bank reserves⁹
	Currency in circulation	Treasury cash holdings⁸	Treasury	Foreign	Other	Other Federal Reserve accounts⁵	Required clearing balances	Other Federal Reserve liabilities and capital⁵	With Federal Reserve Banks	Currency and coin¹⁰	Required¹¹	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	1,123	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	1491¹³	0	0	2,669	27,060	6,781	35,268	−1,360
1974	79,743	185	3,113	418	1275¹³	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). Since September 12, 1968, the amount has been based on close-of-business figures for the reserve period two weeks before the report date. Return to table

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

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

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

n/a Not applicable.

Millions of dollars, except as noted

Item	Total	Member banks			Nonmember banks
Item	Total	Total	National	State	Nonmember banks
2024
Loans and investments	16,321,724	13,024,770	10,514,583	2,510,187	3,296,954
Loans, gross	11,337,743	8,722,961	6,958,111	1,764,850	2,614,782
Net	11,335,984	8,721,993	6,957,445	1,764,548	2,613,991
Investments	4,983,981	4,301,809	3,556,472	745,337	682,171
U.S. government securities	1,335,703	1,224,844	1,075,755	149,089	110,859
Other	3,648,278	3,076,965	2,480,717	596,248	571,313
Cash assets, total	2,062,783	1,788,199	1,361,598	426,602	274,584
Deposits, total	16,299,539	13,256,900	10,653,073	2,603,827	3,042,638
Interbank	274,581	249,512	203,587	45,926	25,069
Other transactions	5,847,301	4,829,886	3,671,813	1,158,074	1,017,414
Other nontransactions	10,177,657	8,177,501	6,777,674	1,399,827	2,000,156
Equity capital	2,241,821	1,826,814	1,474,718	352,096	415,007
Number of banks	3,976	1,363	697	666	2,613
2023
Loans and investments	16,002,235	12,680,706	10,334,322	2,346,384	3,321,529
Loans, gross	11,093,598	8,506,055	6,873,360	1,632,695	2,587,543
Net	11,091,897	8,505,192	6,872,801	1,632,391	2,586,705
Investments	4,908,637	4,174,651	3,460,962	713,689	733,986
U.S. government securities	1,186,453	1,072,804	937,116	135,688	113,649
Other	3,722,184	3,101,847	2,523,846	578,001	620,337
Cash assets, total	2,017,543	1,736,694	1,292,155	444,539	280,849
Deposits, total	16,100,360	13,031,368	10,593,233	2,438,135	3,068,992
Interbank	268,855	244,501	198,869	45,632	24,355
Other transactions	5,709,111	4,668,171	3,599,737	1,068,434	1,040,940
Other nontransactions	10,122,394	8,118,696	6,794,626	1,324,070	2,003,697
Equity capital	2,143,219	1,747,361	1,428,569	318,792	395,857
Number of banks	4,065	1,373	712	661	2,692

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 2023 have been revised.

Percent of market value

Effective date	Margin stocks	Convertible bonds	Short sales, T only¹
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	2024	2023	2024	2023	2024	2023	2024	2023	2024	2023	2024	2023
Assets
Gold certificates	11,037	11,037	367	361	3,311	3,357	307	315	524	515	791	775
Special drawing rights certificates	15,200	5,200	528	196	4,798	1,818	490	210	709	237	1,120	412
Coin	1,478	1,423	53	48	44	39	167	134	49	54	198	177
Loans and securities
Loans to depository institutions	3,255	3,473	119	144	459	122	88	138	75	12	378	474
Other loans	6,373	132,628	328	6,162	420	9,206	77	2,259	860	3,182	436	10,916
Securities purchased under agreements to resell¹	0	0	0	0	0	0	0	0	0	0	0	0
Treasury securities, net²^, ³	4,473,035	4,988,327	93,038	96,374	2,407,122	2,785,732	66,643	82,214	174,426	153,293	445,865	347,135
Federal agency and government-sponsored enterprise mortgage-backed securities, net²	2,277,127	2,481,336	47,363	47,939	1,225,415	1,385,702	33,927	40,896	88,797	76,252	226,981	172,675
Government-sponsored enterprise debt securities, net^2, ³	2,529	2,557	53	49	1,361	1,428	38	42	99	79	252	178
Total loans and securities	6,762,319	7,608,321	140,901	150,668	3,634,777	4,182,190	100,773	125,549	264,257	232,818	673,912	531,378
Consolidated variable interest entities: Assets held, net⁴	7,996	16,098	7,996	15,839	0	259	n/a	n/a	n/a	n/a	n/a	n/a
Accrued interest receivable—System Open Market Account	29,941	32,357	624	627	16,103	18,053	447	535	1,171	1,000	2,989	2,263
Foreign currency denominated investments, net⁵	17,422	18,587	727	800	6,024	6,613	613	668	1,854	1,753	3,437	3,764
Central bank liquidity swaps⁶	1,120	1,357	47	58	387	483	39	49	119	128	221	275
Other assets
Bank premises and equipment, net	3,168	2,897	117	123	527	471	156	161	144	146	479	431
Items in process of collection	88	69	0	0	*	*	*	*	0	0	0	0
Deferred asset—remittances to the Treasury	215,955	133,318	4,383	2,561	130,985	85,206	3,276	1,228	9,703	5,084	34,850	20,396
Interdistrict settlement account	0	0	62,918	19,074	–233,617	–150,680	33,771	–7,801	26,211	68,582	–96,452	100,368
All other assets⁷	2,989	4,895	94	196	274	393	18	62	93	118	356	431
Total assets	7,068,713	7,835,559	218,755	190,551	3,563,613	4,148,202	140,057	121,110	304,834	310,435	621,901	660,670
Liabilities
Federal Reserve notes outstanding	2,784,931	2,706,634	92,743	89,844	817,169	806,499	81,839	75,591	132,978	127,980	196,084	191,807
Less: Notes held by Federal Reserve Bank	462,399	409,583	7,414	10,062	67,456	61,224	25,659	25,098	17,025	17,942	29,008	30,771
Federal Reserve notes outstanding, net	2,322,532	2,297,050	85,329	79,782	749,713	745,275	56,180	50,493	115,953	110,038	167,076	161,036
Securities sold under agreements to repurchase¹	888,395	1,390,671	18,478	26,868	478,081	776,620	13,236	22,920	34,643	42,736	88,554	96,776
Deposits
Depository institutions	2,892,363	3,134,759	108,465	73,516	1,533,361	1,769,847	68,942	46,039	149,398	152,842	356,465	393,404
Treasury, General Account	721,892	768,590	n/a	n/a	721,892	768,590	n/a	n/a	n/a	n/a	n/a	n/a
Other deposits⁸	188,599	187,222	11	54	63,644	70,582	1	1	40	38	538	383
Total deposits	3,802,854	4,090,571	108,476	73,570	2,318,897	2,609,019	68,943	46,040	149,438	152,880	357,003	393,787
Other liabilities
Accrued remittances to the Treasury⁹	0	0	0	0	0	0	0	0	0	0	0	0
Deferred credit items	1,178	624	0	0	0	0	0	0	0	0	0	0
Consolidated variable interest entities: Other liabilities	28	52	28	52	0	0	n/a	n/a	n/a	n/a	n/a	n/a
All other liabilities¹⁰	5,404	5,212	232	195	2,094	2,240	176	148	240	222	704	616
Total liabilities	7,020,391	7,784,180	212,543	180,467	3,548,785	4,133,154	138,535	119,601	300,274	305,876	613,337	652,215
Capital accounts
Capital paid-in	37,182	36,065	1,571	1,505	12,540	12,469	1,287	1,270	3,856	3,837	7,242	7,116
Surplus (including accumulated other comprehensive loss)	6,785	6,785	286	283	2,288	2,346	235	239	704	722	1,322	1,339
Total Reserve Bank capital	43,967	42,850	1,857	1,788	14,828	14,815	1,522	1,509	4,560	4,559	8,564	8,455
Consolidated variable interest entities formed to administer credit and liquidity facilities: Non-controlling interest	4,355	8,529	4,355	8,296	0	233	n/a	n/a	n/a	n/a	n/a	n/a
Total Reserve Bank capital and consolidated variable interest entities non-controlling interest	48,322	51,379	6,212	10,084	14,828	15,048	1,522	1,509	4,560	4,559	8,564	8,455
Total liabilities and capital accounts	7,068,713	7,835,559	218,755	190,551	3,563,613	4,148,202	140,057	121,110	304,834	310,435	621,901	660,670

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

1. Contract amount of agreements. Return to table

2. Treasury securities, government-sponsored enterprise (GSE) debt securities, and federal agency and GSE mortgage-backed securities (MBS) are presented at amortized cost, net of unamortized premiums and unamortized discounts. Return to table

3. Treasury securities and GSE 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 2020 LLC (Main Street Lending Program), and the Federal Reserve Bank of New York is the primary beneficiary of 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. Return to table

8. Includes deposits of GSEs and international and designated financial market utilities, certain deposit accounts for services provided by the Reserve Banks as fiscal agents of the United States, and foreign official deposit accounts. Return to table

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

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

* Less than $500,000.

n/a Not applicable.

Millions of dollars

Item	Atlanta		Chicago		St. Louis		Minneapolis		Kansas City		Dallas		San Francisco
Item	2024	2023	2024	2023	2024	2023	2024	2023	2024	2023	2024	2023	2024	2023
Assets
Gold certificates	1,614	1,633	684	680	334	329	182	174	307	299	1,029	1,008	1,587	1,591
Special drawing rights certificates	2,116	654	1,042	424	452	150	256	90	431	153	1,232	282	2,026	574
Coin	108	101	247	252	35	34	57	54	96	97	192	177	230	257
Loans and securities
Loans to depository institutions	73	313	249	95	63	277	33	318	89	48	244	477	1,386	1,055
Other loans	606	9,919	465	8,924	380	7,867	864	7,611	270	8,418	552	13,487	1,113	44,678
Securities purchased under agreements to resell¹	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Treasury securities, net²^, ³	299,264	337,930	246,857	310,954	62,591	74,622	27,944	33,823	49,182	64,494	195,334	243,216	404,769	458,541
Federal agency and government-sponsored enterprise mortgage-backed securities, net²	152,349	168,096	125,670	154,678	31,864	37,119	14,226	16,825	25,038	32,081	99,440	120,983	206,060	228,091
Government-sponsored enterprise debt securities, net^2, ³	169	173	140	159	35	38	16	17	28	33	110	125	229	235
Total loans and securities	452,461	516,431	373,381	474,810	94,933	119,923	43,083	58,594	74,607	105,074	295,680	378,288	613,557	732,600
Consolidated variable interest entities: Assets held, net⁴	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	2,002	2,189	1,652	2,015	419	485	187	219	329	418	1,307	1,575	2,711	2,979
Foreign currency denominated investments, net⁵	571	557	855	647	392	418	109	118	190	197	419	392	2,231	2,660
Central bank liquidity swaps⁶	37	41	55	47	25	31	7	9	12	14	27	29	143	194
Other assets
Bank premises and equipment, net	328	259	226	228	114	108	114	115	263	252	266	254	434	350
Items in process of collection	88	68	0	0	0	0	0	0	0	0	0	0	0	0
Deferred asset—remittances to the Treasury	0	386	15,583	9,789	43	61	323	215	851	491	1,471	1,711	15,081	6,191
Interdistrict settlement account	33,416	–11,406	10,844	–63,151	16,593	–5,274	9,095	–3,763	776	–11,024	44,306	–33,248	92,139	98,323
All other assets⁷	1,371	1,217	63	166	145	190	156	300	149	326	83	282	185	1,212
Total assets	494,112	512,130	404,632	425,907	113,485	116,455	53,569	56,125	78,011	96,297	346,012	350,750	730,324	846,931
Liabilities
Federal Reserve notes outstanding	399,096	395,722	173,020	167,274	87,400	81,908	49,328	44,757	79,026	75,426	268,083	256,949	408,167	392,876
Less: Notes held by Federal Reserve Bank	34,529	38,966	64,566	43,786	9,234	8,932	18,741	11,745	46,215	27,494	66,603	66,860	75,950	66,703
Federal Reserve notes outstanding, net	364,567	356,756	108,454	123,488	78,166	72,976	30,587	33,012	32,811	47,932	201,480	190,089	332,217	326,173
Securities sold under agreements to repurchase¹	59,437	94,210	49,029	86,689	12,431	20,803	5,550	9,429	9,768	17,980	38,795	67,805	80,392	127,834
Deposits
Depository institutions	66,482	58,701	120,256	97,642	21,592	21,553	16,849	13,171	34,739	29,671	104,141	91,466	311,674	386,906
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 deposits⁸	28	138	124,017	115,614	14	18	168	135	34	88	67	139	36	31
Total deposits	66,510	58,839	244,273	213,256	21,606	21,571	17,017	13,306	34,773	29,759	104,208	91,605	311,710	386,937
Other liabilities
Accrued remittances to the Treasury⁹	593	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred credit items	1,177	624	0	0	0	0	0	0	*	0	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
All other liabilities¹⁰	338	297	421	370	168	140	132	110	172	159	246	221	482	501
Total liabilities	492,622	510,726	402,177	423,803	112,371	115,490	53,286	55,857	77,524	95,830	344,729	349,720	724,801	841,445
Capital accounts
Capital paid-in	1,260	1,182	2,076	1,771	942	812	239	226	412	393	1,085	867	4,671	4,617
Surplus (including accumulated other comprehensive loss)	230	222	379	333	172	153	44	42	75	74	198	163	852	869
Total Reserve Bank capital	1,490	1,404	2,455	2,104	1,114	965	283	268	487	467	1,283	1,030	5,523	5,486
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	1,490	1,404	2,455	2,104	1,114	965	283	268	487	467	1,283	1,030	5,523	5,486
Total liabilities and capital accounts	494,112	512,130	404,632	425,907	113,485	116,455	53,569	56,125	78,011	96,297	346,012	350,750	730,324	846,931

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

1. Contract amount of agreements. Return to table

2. Treasury securities, government-sponsored enterprise (GSE) debt securities, and federal agency and GSE mortgage-backed securities (MBS) are presented at amortized cost, net of unamortized premiums and unamortized discounts. Return to table

3. Treasury securities and GSE 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 2020 LLC (Main Street Lending Program), and the Federal Reserve Bank of New York is the primary beneficiary of 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. Return to table

8. Includes deposits of GSEs and international and designated financial market utilities, certain deposit accounts for services provided by the Reserve Banks as fiscal agents of the United States, and foreign official deposit accounts. Return to table

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

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

* Less than $500,000.

n/a Not applicable.

Millions of dollars

Item	2024	2023
Federal Reserve notes outstanding	2,784,931	2,706,633
Less: Notes held by Federal Reserve Banks not subject to collateralization	462,399	409,583
Collateralized Federal Reserve notes	2,322,532	2,297,050

Collateral for Federal Reserve notes
Gold certificates	11,037	11,037
Special drawing rights certificates	15,200	5,200
U.S. Treasury securities¹	2,296,295	2,280,813
Total collateral	2,322,532	2,297,050

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	204,217	8,977	82,643	4,498	147	8,478
Other loans, net	4,916,539	467,317	364,321	105,747	114,722	430,940
Interest income on securities purchased under agreements to resell	828	17	447	12	32	81
Treasury securities, net	100,517,873	2,051,468	54,631,681	1,539,593	3,700,382	9,221,029
Federal agency and government-sponsored enterprise mortgage-backed securities, net	52,647,654	1,072,290	28,644,241	808,731	1,925,867	4,785,009
Government-sponsored enterprise debt securities, net	130,000	2,650	70,695	1,994	4,770	11,869
Foreign currency denominated investments, net	327,729	13,785	114,149	11,600	33,859	65,095
Central bank liquidity swaps¹	10,802	455	3,769	383	1,108	2,149
Total interest income	158,755,642	3,616,959	83,911,946	2,472,558	5,780,887	14,524,650
Income from priced services	524,403	61	173,721	0	0	0
Securities lending fees	42,501	867	23,110	652	1,560	3,883
Other income	1,162	40	998	3	1	1
Total other income	568,066	968	197,829	655	1,561	3,884
Total current income	159,323,708	3,617,927	84,109,775	2,473,213	5,782,448	14,528,534
Net expenses
Salaries and other benefits	4,353,361	298,101	855,810	170,591	204,655	662,579
Building	347,283	39,863	73,423	15,281	17,400	34,041
Equipment	264,028	8,696	23,630	9,448	9,652	130,511
Software costs	548,780	31,298	43,823	3,941	17,976	315,948
Recoveries	–304,472	–39,427	–18,503	–21,866	–7,533	–22,825
Expenses capitalized²	–160,840	–6,674	–27,953	–2,616	–11,960	–7,141
Other expenses	815,361	161,763	430,098	66,710	72,429	–761,984
Total operating expenses before pension expense and reimbursements	5,863,501	493,620	1,380,328	241,489	302,619	351,129
System pension service costs³	621,001	0	0	0	0	0
Reimbursable services to government agencies	–886,395	–3,964	–115,962	–1,754	–110,122	–9,768
Operating expenses	5,598,107	489,656	1,264,366	239,735	192,497	341,361
Interest expense on securities sold under agreements to repurchase	40,288,036	818,448	21,948,653	621,130	1,461,962	3,618,764
Interest to depository institutions and others	186,477,412	3,811,919	104,586,368	3,417,321	8,108,558	23,808,419
Other expenses	66	1	36	1	3	6
Net expenses	232,363,621	5,120,024	127,799,423	4,278,187	9,763,020	27,768,550
Current net income	–73,039,913	–1,502,097	–43,689,648	–1,804,974	–3,980,572	–13,240,016
Additions to (+) and deductions from (−) current net income
Profit on sales of Treasury securities	–37,021	–760	–20,059	–562	–1,388	–3,488
Losses on sales of federal agency and government-sponsored enterprise mortgage-backed securities	–69,617	–1,448	–37,468	–1,038	–2,713	–6,933
Foreign currency translation (losses)	–1,478,124	–62,659	–518,536	–52,587	–148,244	–295,515
Other components of net benefit cost	434,873	3,607	35,990	2,554	3,225	13,608
Net additions or deductions	–72,458	–2,058	–36,374	–1,752	–5,782	–12,163
Net additions or deductions to current net income	–1,222,347	–63,318	–576,447	–53,385	–154,902	–304,491
Assessments by Board
Board expenditures⁴	1,438,000	60,440	495,537	50,392	152,422	283,742
Cost of currency	1,242,377	55,701	262,940	45,482	81,757	106,243
Consumer Financial Protection Bureau⁵	663,300	28,008	228,953	23,355	69,767	131,044
Assessments by the Board of Governors	3,343,677	144,149	987,430	119,229	303,946	521,029
Consolidated variable interest entities
Net income from consolidated variable interest entities	22,949	22,505	444	0	0	0
Non-controlling interest in consolidated variable interest entities (income), net	–36,650	–36,250	–400	0	0	0
Reserve Bank and consolidated variable interest entities net income before providing for remittances to the Treasury	–77,619,638	–1,723,309	–45,253,481	–1,977,588	–4,439,420	–14,065,536
Earnings remittances to the Treasury	–79,104,507	–1,822,024	–45,779,266	–2,047,746	–4,619,380	–14,453,505
Net (loss) income after providing for remittances to the Treasury	1,484,869	98,715	525,785	70,158	179,960	387,969
Other comprehensive income	138,061	–26,362	–38,070	–17,521	–28,457	–89,793
Comprehensive income	1,622,930	72,353	487,715	52,637	151,503	298,176
Distribution of comprehensive income
Dividends on capital stock	1,622,536	68,870	545,345	56,753	169,632	314,174
Transferred to/from surplus and change in accumulated other comprehensive income	0	3,485	–57,633	–4,113	–18,129	–16,996
Remittances transferred to the Treasury⁶	3,531,982	0	0	0	0	0
Deferred asset (increase) decrease	–82,636,489	–1,822,024	–45,779,266	–2,047,746	–4,619,380	–14,453,505
Earnings remittances to the Treasury, net	–79,104,507	–1,822,024	–45,779,266	–2,047,746	–4,619,380	–14,453,505
Total distribution of comprehensive income	–77,481,971	–1,749,669	–45,291,554	–1,995,106	–4,467,877	–14,156,327

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 Atlanta. 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

6. Represents excess earnings remitted to the Treasury after providing for the cost of operations, payment of dividends, and reservation of surplus. On a weekly basis, if earnings become less than the cost of operations, payment of dividends, and any amount necessary to maintain surplus, the Reserve Banks suspend weekly remittances to the Treasury and record a deferred asset. 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	11,148	7,450	7,948	3,453	948	5,525	63,002
Other loans, net	416,798	361,978	262,581	234,025	393,940	486,366	1,277,804
Interest income on securities purchased under agreements to resell	56	46	12	5	9	36	75
Treasury securities, net	6,747,344	5,737,057	1,432,188	642,099	1,156,533	4,524,542	9,133,957
Federal agency and government-sponsored enterprise mortgage-backed securities, net	3,535,263	3,015,469	751,562	337,100	608,619	2,377,340	4,786,163
Government-sponsored enterprise debt securities, net	8,728	7,433	1,854	831	1,499	5,861	11,816
Foreign currency denominated investments, net	10,507	14,895	7,380	2,057	3,546	7,634	43,222
Central bank liquidity swaps¹	344	481	243	68	117	250	1,435
Total interest income	10,730,188	9,144,809	2,463,768	1,219,638	2,165,211	7,407,554	15,317,474
Income from priced services	248,879	101,742	0	0	0	0	0
Securities lending fees	2,853	2,429	606	272	490	1,916	3,863
Other income	27	46	3	8	20	14	1
Total other income	251,759	104,217	609	280	510	1,930	3,864
Total current income	10,981,947	9,249,026	2,464,377	1,219,918	2,165,721	7,409,484	15,321,338
Net expenses
Salaries and other benefits	328,927	360,149	281,601	206,775	334,929	236,907	412,337
Building	21,715	33,718	16,314	14,087	22,166	27,715	31,560
Equipment	14,179	13,821	6,611	5,187	11,509	13,032	17,752
Software costs	19,959	10,434	10,415	12,844	35,882	16,706	29,554
Recoveries	–16,842	–18,915	–8,225	–11,742	–54,619	–30,824	–53,151
Expenses capitalized²	–3,054	–6,580	–13,770	–12,551	–34,340	–7,004	–27,197
Other expenses	207,996	119,665	181,827	71,853	88,788	65,979	110,237
Total operating expenses before pension expense and reimbursements	572,880	512,292	474,773	286,453	404,315	322,511	521,092
System pension service costs³	621,001	0	0	0	0	0	0
Reimbursable services to government agencies	–76,224	–4,741	–248,308	–112,190	–182,300	–18,629	–2,433
Operating expenses	1,117,657	507,551	226,465	174,263	222,015	303,882	518,659
Interest expense on securities sold under agreements to repurchase	2,706,519	2,317,749	576,503	258,722	468,497	1,826,489	3,664,600
Interest to depository institutions and others	3,329,563	11,796,918	1,204,044	819,288	1,735,758	4,735,762	19,123,494
Other expenses	4	4	1	0	1	3	6
Net expenses	7,153,743	14,622,222	2,007,013	1,252,273	2,426,271	6,866,136	23,306,759
Current net income	3,828,204	–5,373,196	457,364	–32,355	–260,550	543,348	–7,985,421
Additions to (+) and deductions from (−) current net income
Profit on sales of Treasury securities	–2,482	–2,091	–525	–235	–420	–1,651	–3,360
Profit losses on sales of federal agency and government-sponsored enterprise mortgage-backed securities	–4,658	–3,843	–974	–435	–766	–3,041	–6,300
Foreign currency translation (losses)	–46,356	–61,906	–33,282	–9,299	–15,892	–33,334	–200,514
Other components of net benefit cost	367,812	11,246	1,166	3,570	–199	1,910	–9,616
Net additions or deductions	–853	–2,568	–1,180	–307	–550	–1,538	–7,333
Net additions or deductions to current net income	313,463	–59,162	–34,795	–6,706	–17,827	–37,654	–227,123
Assessments by Board
Board expenditures⁴	47,785	70,743	32,518	9,025	15,481	36,520	183,395
Cost of currency	200,614	94,921	42,712	20,725	31,628	100,512	199,142
Consumer Financial Protection Bureau⁵	22,279	32,201	15,020	4,188	7,286	16,868	84,331
Assessments by the Board of Governors	270,678	197,865	90,250	33,938	54,395	153,900	466,868
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	3,870,989	–5,630,223	332,319	–72,999	–332,772	351,794	–8,679,412
Earnings remittances to the Treasury	4,284,483	–5,793,711	245,000	–107,803	–360,293	239,354	–8,889,616
Net (loss) income after providing for remittances to the Treasury	–413,494	163,488	87,319	34,804	27,521	112,440	210,204
Other comprehensive income	477,534	–32,759	–28,478	–21,572	–5,566	–29,889	–21,006
Comprehensive income	64,040	130,729	58,841	13,232	21,955	82,551	189,198
Distribution of comprehensive income
Dividends on capital stock	56,492	84,911	39,761	12,090	20,616	47,661	206,231
Transferred to/from surplus and change in accumulated other comprehensive income	7,545	45,818	19,080	1,141	1,339	34,892	–16,429
Remittances transferred to the Treasury⁶	3,898,273	0	226,744	0	0	0	0
Deferred asset (increase) decrease	386,209	–5,793,711	18,256	–107,803	–360,293	239,354	–8,889,616
Earnings remittances to the Treasury, net	4,284,483	–5,793,711	245,000	–107,803	–360,293	239,354	–8,889,616
Total distribution of comprehensive income	4,348,520	–5,662,982	303,841	–94,572	–338,338	321,907	–8,699,814

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 Atlanta. 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

6. Represents excess earnings remitted to the Treasury after providing for the cost of operations, payment of dividends, and reservation of surplus. On a weekly basis, if earnings become less than the cost of operations, payment of dividends, and any amount necessary to maintain surplus, the Reserve Banks suspend weekly remittances to the Treasury and record a deferred asset. Return to table

Thousands of dollars

Federal Reserve Bank and period	Current income	Net expenses	Net additions or deductions (−)¹	Assessments by the Board of Governors			Other comprehensive income (loss)	Dividends paid	Distributions to the U.S. Treasury		Transferred to/from surplus⁴	Transferred to/from surplus and change in accumulated other comprehensive income⁵
Federal Reserve Bank and period	Current income	Net expenses	Net additions or deductions (−)¹	Board expenditures	Costs of currency	Consumer Financial Protection Bureau and Office of Financial Research²	Other comprehensive income (loss)	Dividends paid	Statutory transfers³	Interest on Federal Reserve notes	Transferred to/from surplus⁴
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
2022	170,683,732	107,849,830	−1,207,343	1,015,000	1,053,616	722,200	1,818,927	1,209,101	59,445,569	n/a	n/a	0
2023	175,136,109	286,480,845	−131,200	1,144,000	1,047,430	720,500	−275,578	1,488,823	−116,063,336	n/a	n/a	0
2024	159,323,708	232,363,621	–1,222,347	1,438,000	1,242,377	663,300	138,061	1,622,536	–79,104,507	n/a	n/a	0
Total 1914–2024	2,589,305,790	914,675,928	36,971,762	17,614,118	22,826,000	7,602,877	750,950	30,722,654	422,500,470	1,198,433,402	–4	12,727,389⁶
Aggregate for each Bank, 1914–2024
Boston	80,852,184	22,122,051	218,563	762,846	1,153,407	335,137	7,953	1,342,741	10,069,668	44,842,511	135	494,876
New York	1,242,761,385	489,201,198	26,533,956	5,358,045	5,650,366	2,508,562	216,098	8,951,276	208,087,862	545,077,826	–433	4,719,091
Philadelphia	72,373,273	19,811,564	667,811	934,097	1,005,442	399,873	36,519	1,945,271	12,272,167	36,308,189	291	401,222
Cleveland	101,001,487	32,172,768	344,519	1,444,162	1,347,136	649,382	38,900	2,411,227	12,735,420	49,612,575	–10	1,005,316
Richmond	186,452,697	86,651,150	1,574,309	3,447,837	1,971,942	1,590,409	68,638	6,153,727	4,581,753	81,295,580	–72	2,422,420
Atlanta	171,334,971	41,205,813	2,074,363	1,001,581	2,768,802	375,017	189,280	1,851,165	50,231,818	75,616,315	5	580,326
Chicago	192,160,301	61,510,185	1,750,993	1,012,895	2,210,401	278,512	59,315	1,760,204	16,593,999	109,806,844	12	795,178
St. Louis	54,713,929	11,620,380	343,953	307,844	778,948	112,156	23,423	525,400	10,291,205	31,149,772	–27	277,727
Minneapolis	30,004,834	8,851,785	409,547	246,428	439,319	45,528	31,999	506,723	4,718,789	15,436,029	65	197,121
Kansas City	59,257,926	14,819,664	537,937	279,198	768,875	78,562	20,548	519,331	8,676,481	34,476,668	–9	195,778
Dallas	110,487,465	31,707,759	1,031,572	441,227	1,552,632	133,573	36,251	779,497	26,684,720	49,889,286	55	324,105
San Francisco	287,905,328	95,001,613	1,484,240	2,377,961	3,178,728	1,096,173	22,027	3,976,091	57,556,591	124,921,807	–17	1,314,232
Total	2,589,305,790	914,675,928	36,971,762	17,614,118	22,826,000	7,602,877	750,950	30,722,654	422,500,470	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. Starting in 2010, as required under the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, the Board of Governors began assessing the Reserve Banks to fund the operations of the Consumer Financial Protection Bureau and, for a two-year period beginning July 21, 2010, the Office of Financial Research. These assessments are allocated to the Reserve Banks based on each Reserve Bank's capital and surplus balances as of the most recent quarter. Return to table

3. Represents transfers made as a franchise tax from 1917 through 1932; transfers made under section 13b of the Federal Reserve Act from 1935 through 1947; transfers made under section 7 of the Federal Reserve Act for 1996, 1997, and 2015 to present. Starting in 2022, represents earnings remittances to the Treasury, net of the deferred asset change. Return to table

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

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

6. The $12,727,389 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*	2024	2023	2022	2021
Millions of pieces
Currency processed	28,768	29,347	29,695	28,172
Currency destroyed	5,276	3,639	3,884	1,351
Coin received	37,015	37,028	31,932	30,370
Checks handled
U.S. government checks¹	36	40	46	131
Postal money orders	57	62	65	70
Commercial	2,978	3,146	3,374	3,657
Fedwire securities transfers²	29	26	22	19
Fedwire funds transfers³	210	193	196	204
National Settlement	1	1	1	1
FedNow instant payment transfer⁴	2	*	n/a	n/a
Automated clearinghouse transactions
Commercial	20,109	18,858	18,518	17,895
Government	1,848	1,708	1,661	1,959
Millions of dollars
Currency processed	740,228	738,523	707,947	657,495
Currency destroyed	91,735	81,914	83,906	20,426
Coin received	3,604	3,500	2,770	2,811
Checks handled
U.S. government checks¹	175,406	286,054	220,813	272,637
Postal money orders	18,227	19,522	19,467	20,161
Commercial	8,172,937	8,448,698	8,947,734	8,757,539
Fedwire securities transfers²	554,727,113	434,469,882	341,806,733	310,827,220
Fedwire funds transfers³	1,133,419,684	1,087,195,950	1,060,257,294	991,810,545
National Settlement	28,274,424	26,518,830	26,408,526	25,025,757
FedNow instant payment transfer⁴	38,197	18	n/a	n/a
Automated clearinghouse transactions
Commercial	42,497,390	39,464,185	38,685,527	31,446,232
Government	8,532,630	8,001,098	7,890,609	8,118,875

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

4. The FedNow Service began operating in July 2023. Data on instant payment transfers do not include non-value transfers. Return to table

* Less than $500,000.

n/a Not applicable.

Federal Reserve Bank (including Branches)	President	Other officers		Employees				Total
	Annual salary (dollars)¹	Number	Annual salaries (dollars)¹	Number			Annual salaries (dollars)¹	Number	Annual salaries (dollars)¹
	Annual salary (dollars)¹	Number	Annual salaries (dollars)¹	Full time	Part time	Temporary/ hourly²	Annual salaries (dollars)¹	Number	Annual salaries (dollars)¹
Boston	496,700	112	35,238,505	1,159	5	3	171,994,427	1,280	207,729,632
New York	568,100	576	183,650,390	2,408	10	0	399,623,734	2,995	583,842,224
Philadelphia	495,900	72	19,482,000	796	5	16	99,853,117	890	119,831,017
Cleveland	447,500	69	18,466,300	1,001	10	21	118,337,080	1,102	137,250,880
Richmond	462,500	105	27,554,290	1,461	4	7	174,264,581	1,578	202,281,371
Atlanta	476,000	130	35,422,175	1,605	8	24	188,622,072	1,768	224,520,246
Chicago	478,400	166	48,044,580	1,463	14	5	199,077,206	1,649	247,600,186
St. Louis	445,000	105	29,015,700	1,413	9	5	169,996,558	1,533	199,457,258
Minneapolis	496,000	63	17,041,237	1,038	39	19	115,576,110	1,160	133,113,347
Kansas City	444,900	113	27,714,900	1,901	16	3	194,477,818	2,034	222,637,618
Dallas	473,300	100	27,128,120	1,245	8	4	138,536,193	1,358	166,137,613
San Francisco	550,300	130	40,324,650	1,719	7	14	240,291,923	1,871	281,166,873
Federal Reserve Information Technology³	n/a	93	26,274,400	1,654	2	1	242,035,466	1,750	268,309,866
Total	5,834,600	1,834	535,357,247	18,863	137	122	2,452,686,284	20,968	2,993,878,131

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

1. Annual salary (excluding outside agency costs) based on salaries effective on December 31, 2024. 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. Reflects a subset of National IT employees. 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	Total	Net book value	Other real estate
Boston	27,293	247,767	275,060	91,543	n/a
New York	137,994	673,523	811,517	429,983	n/a
Philadelphia	8,146	178,955	187,101	73,397	n/a
Cleveland	4,591	174,550	179,141	81,514	n/a
Cincinnati	4,877	37,190	42,067	10,691	n/a
Richmond	32,524	211,214	243,738	89,036	n/a
Baltimore	7,916	50,348	58,264	23,919	n/a
Charlotte	7,884	51,058	58,942	25,309	n/a
Atlanta	26,149	173,251	199,400	113,460	n/a
Birmingham	5,597	15,329	20,926	10,964	n/a
Jacksonville	2,185	34,286	36,471	16,297	n/a
New Orleans	3,785	19,586	23,371	10,121	n/a
Miami	15,619	105,099	120,718	94,501	n/a
Chicago	7,459	292,459	299,918	111,802	n/a
Detroit	13,812	80,182	93,994	60,170	n/a
St. Louis	9,467	159,510	168,977	75,954	n/a
Memphis	2,763	26,674	29,437	12,884	n/a
Minneapolis	28,199	135,497	163,696	89,916	n/a
Helena	3,316	10,756	14,072	5,854	n/a
Kansas City	39,504	224,333	263,837	179,143	n/a
Denver	6,054	36,849	42,903	29,321	n/a
Omaha	5,605	16,390	21,995	11,688	n/a
Dallas	37,960	176,900	214,860	109,214	n/a
El Paso	518	8,433	8,951	3,129	n/a
Houston	32,893	110,157	143,050	94,053	n/a
San Francisco	21,423	177,490	198,913	82,395	n/a
Los Angeles	6,306	118,796	125,102	60,920	n/a
Salt Lake City	1,294	6,917	8,211	2,086	n/a
Seattle	13,101	58,723	71,824	50,365	n/a
Total	514,234	3,612,222	4,126,456	2,049,629	n/a

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

n/a Not applicable.

Board of Governors of the Federal Reserve System

Annual Report - 2024

Statistical Tables

Table G.1. Federal Reserve open market transactions, 2024

Table G.2. Federal Reserve Bank holdings of U.S. Treasury and federal agency securities, December 31, 2022–24

Table G.3. Reserve requirements of depository institutions, December 31, 2024

Table G.4. Banking offices and banks affiliated with bank holding companies in the United States, December 31, 2023 and 2024

Table G.5A. Reserves of depository institutions, Federal Reserve Bank credit, and related items, year-end 1984–2024 and month-end 2024

Table G.5A. Reserves of depository institutions, Federal Reserve Bank credit, and related items, year-end 1984–2024 and month-end 2024—continued

Table G.5B. Reserves of depository institutions, Federal Reserve Bank credit, and related items, year-end 1918–83

Table G.5B. Reserves of depository institutions, Federal Reserve Bank credit, and related items, year-end 1918–83—continued

Table G.6. Principal assets and liabilities of insured commercial banks, by class of bank, June 30, 2024 and 2023

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, 2024 and 2023

Table G.8A. Statement of condition of the Federal Reserve Banks, by Bank, December 31, 2024 and 2023—continued

Table G.8B. Statement of condition of the Federal Reserve Banks, December 31, 2024 and 2023 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, 2024

Table G.9. Income and expenses of the Federal Reserve Banks, by Bank, 2024—continued

Table G.10. Income and expenses of the Federal Reserve Banks, 1914–2024

Table G.11. Operations in principal departments of the Federal Reserve Banks, 2021–24

Table G.12. Number and annual salaries of officers and employees of the Federal Reserve Banks, December 31, 2024

Table G.13. Acquisition costs and net book value of the premises of the Federal Reserve Banks and Branches, December 31, 2024