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Release Date: Thursday, October 17, 2013
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FEDERAL RESERVE statistical release

For Release at

4:30 P.M. EDT

June 12, 2014

Table 10 line items "Less: Face value of securities under reverse repurchase agreements" and "U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged" have been corrected to include securities pledged as collateral for tri-party reverse repurchase agreements.

The revised data are reported at the following link: http://www.federalreserve.gov/releases/h41/2014update.htm.

Historical data incorporating this correction can be accessed through the Data Download Program (DDP) at http://www.federalreserve.gov/datadownload/Choose.aspx?rel=H41.

FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks

October 17, 2013

1. Factors Affecting Reserve Balances of Depository Institutions

Millions of dollars

Reserve Bank credit, related items, and
reserve balances of depository institutions at
Federal Reserve Banks

Averages of daily figures

Wednesday
Oct 16, 2013

Week ended
Oct 16, 2013

Change from week ended

Oct 9, 2013

Oct 17, 2012

Reserve Bank credit

3,762,043

+   51,143

+  969,570

3,769,941

Securities held outright1

3,534,305

+   48,492

+  939,086

3,542,947

U.S. Treasury securities

2,089,236

+    6,221

+  439,111

2,095,034

Bills2

         0

         0

         0

         0

Notes and bonds, nominal2

1,987,349

+    4,905

+  420,373

1,992,923

Notes and bonds, inflation-indexed2

    88,392

+    1,183

+   15,537

    88,589

Inflation compensation3

    13,496

+      134

+    3,202

    13,522

Federal agency debt securities2

    60,513

-      139

-   22,233

    60,165

Mortgage-backed securities4

1,384,556

+   42,409

+  522,207

1,387,748

Unamortized premiums on securities held outright5

   204,995

+      942

+   47,070

   205,223

Unamortized discounts on securities held outright5

    -7,807

-      337

-    6,146

    -7,888

Repurchase agreements6

         0

         0

         0

         0

Loans

       237

         0

-    1,259

       252

Primary credit

        10

+        3

-        2

        26

Secondary credit

         0

         0

         0

         0

Seasonal credit

       127

-        3

+       66

       126

Term Asset-Backed Securities Loan Facility7

       101

         0

-    1,322

       101

Other credit extensions

         0

         0

         0

         0

Net portfolio holdings of Maiden Lane LLC8

     1,493

         0

-      214

     1,493

Net portfolio holdings of Maiden Lane II LLC9

        64

         0

+        3

        64

Net portfolio holdings of Maiden Lane III LLC10

        22

         0

-        1

        22

Net portfolio holdings of TALF LLC11

       111

         0

-      742

       111

Float

      -797

-       69

-       75

    -1,279

Central bank liquidity swaps12

       272

+       40

-   12,605

       272

Other Federal Reserve assets13

    29,148

+    2,076

+    4,452

    28,723

Foreign currency denominated assets14

    24,144

-      175

-    1,696

    24,051

Gold stock

    11,041

         0

         0

    11,041

Special drawing rights certificate account

     5,200

         0

         0

     5,200

Treasury currency outstanding15

    45,357

+       14

+      693

    45,357

Total factors supplying reserve funds

3,847,785

+   50,982

+  968,567

3,855,590

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.


1. Factors Affecting Reserve Balances of Depository Institutions (continued)

Millions of dollars

Reserve Bank credit, related items, and
reserve balances of depository institutions at
Federal Reserve Banks

Averages of daily figures

Wednesday
Oct 16, 2013

Week ended
Oct 16, 2013

Change from week ended

Oct 9, 2013

Oct 17, 2012

Currency in circulation15

1,216,174

+    5,545

+   80,599

1,216,321

Reverse repurchase agreements16

   102,518

+    4,267

+    5,302

   105,655

Foreign official and international accounts

   100,697

+    3,632

+    3,481

   102,685

Others

     1,821

+      635

+    1,821

     2,970

Treasury cash holdings

       179

+        1

+       47

       183

Deposits with F.R. Banks, other than reserve balances

    91,353

+   28,990

-    3,485

    85,764

Term deposits held by depository institutions

         0

-   11,662

         0

         0

U.S. Treasury, General Account

    35,301

+    6,573

-   23,172

    31,866

Foreign official

     8,803

-       86

+    3,232

     8,802

Other

    47,249

+   34,165

+   16,455

    45,096

Other liabilities and capital17

    66,618

+      626

-    1,744

    64,240

Total factors, other than reserve balances,
absorbing reserve funds

1,476,841

+   39,428

+   80,718

1,472,163

Reserve balances with Federal Reserve Banks

2,370,944

+   11,554

+  887,849

2,383,427

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

1.

Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.

2.

Face value of the securities.

3.

Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities.

4.

Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of
the securities.

5.

Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been amortized.  For U.S. Treasury and Federal agency debt securities, amortization is on a straight-line basis.  For mortgage-backed securities, amortization is on an effective-interest basis.

6.

Cash value of agreements.

7.

Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the Term Asset-Backed Securities Loan Facility.

8.

Refer to table 4 and the note on consolidation accompanying table 9.

9.

Refer to table 5 and the note on consolidation accompanying table 9.

10.

Refer to table 6 and the note on consolidation accompanying table 9.

11.

Refer to table 7 and the note on consolidation accompanying table 9.

12.

Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned
to the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was acquired from the
foreign central bank.

13.

Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.  Also, includes Reserve Bank premises and equipment net of allowances for depreciation.

14.

Revalued daily at current foreign currency exchange rates.

15.

Estimated.

16.

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

17.

Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation accompanying table 9. Also includes the liability for interest on Federal Reserve notes due to U.S. Treasury. Refer to table 8 and table 9.

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



1A. Memorandum Items

Millions of dollars

Memorandum item

Averages of daily figures

Wednesday
Oct 16, 2013

Week ended
Oct 16, 2013

Change from week ended

Oct 9, 2013

Oct 17, 2012

Securities held in custody for foreign official and international accounts

3,308,207

+   14,595

+  120,039

3,323,265

Marketable U.S. Treasury securities1

2,952,057

+   15,159

+  131,722

2,967,138

Federal agency debt and mortgage-backed securities2

   316,407

-    1,511

-   13,384

   316,333

Other securities3

    39,743

+      947

+    1,702

    39,794

Securities lent to dealers

    15,371

+    2,461

+    8,908

    18,319

Overnight facility4

    15,371

+    2,461

+    8,908

    18,319

U.S. Treasury securities

    14,205

+    2,343

+    8,259

    17,357

Federal agency debt securities

     1,166

+      119

+      649

       962

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

1.

Includes securities and U.S. Treasury STRIPS at face value, and inflation compensation on TIPS. Does not include securities pledged as collateral to foreign official and international account holders against reverse repurchase agreements with the Federal Reserve presented in tables 1, 8, and 9.

2.

Face value of federal agency securities and current face value of mortgage-backed securities, which is the remaining principal balance of the securities.

3.

Includes non-marketable U.S. Treasury securities, supranationals, corporate bonds, asset-backed securities, and commercial paper at face value.

4.

Face value. Fully collateralized by U.S. Treasury securities.


2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, October 16, 2013

Millions of dollars

Remaining Maturity

Within 15
days

16 days to
90 days

91 days to
1 year

Over 1 year
to 5 years

Over 5 year
to 10 years

Over 10
years

All

Loans1

        87

        65

        49

        52

         0

...

       252

U.S. Treasury securities2

Holdings

         1

         3

       385

   662,721

   889,601

   542,323

2,095,034

Weekly changes

+        1

-        1

         0

+    3,223

+    1,993

+    3,077

+    8,293

Federal agency debt securities3

Holdings

     1,085

     3,423

    15,957

    37,291

        62

     2,347

    60,165

Weekly changes

-      487

         0

+      306

-      306

         0

         0

-      487

Mortgage-backed securities4

Holdings

         0

         0

         1

         3

     2,618

1,385,127

1,387,748

Weekly changes

         0

         0

+        1

+        1

+       66

+   45,522

+   45,589

Asset-backed securities held by
TALF LLC5

         0

         0

         0

         0

         0

         0

         0

Repurchase agreements6

         0

         0

...

...

...

...

         0

Central bank liquidity swaps7

         0

       272

         0

         0

         0

         0

       272

Reverse repurchase agreements6

   105,655

         0

...

...

...

...

   105,655

Term deposits

         0

         0

         0

...

...

...

         0

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

1.

Excludes the loans from the Federal Reserve Bank of New York (FRBNY) to Maiden Lane LLC, Maiden Lane II LLC, Maiden
Lane III LLC, and TALF LLC. The loans were eliminated when preparing the FRBNY's statement of condition consistent with consolidation
under generally accepted accounting principles.

2.

Face value. For inflation-indexed securities, includes the original face value and compensation that adjusts for the effect of inflation on the
original face value of such securities.

3.

Face value.

4.

Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities.

5.

Face value of asset-backed securities held by TALF LLC, which is the remaining principal balance of the underlying assets.

6.

Cash value of agreements.

7.

Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to
the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was acquired from the foreign
central bank.


3. Supplemental Information on Mortgage-Backed Securities

Millions of dollars

Account name

Wednesday

Oct 16, 2013

Mortgage-backed securities held outright1

1,387,748

Commitments to buy mortgage-backed securities2

    61,265

Commitments to sell mortgage-backed securities2

         0

Cash and cash equivalents3

       189

1.

Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities.

2.

Current face value. Generally settle within 180 days and include commitments associated with outright transactions, dollar rolls, and coupon swaps.

3.

This amount is included in other Federal Reserve assets in table 1 and in other assets in table 8 and table 9.


4. Information on Principal Accounts of Maiden Lane LLC

Millions of dollars

Account name

Wednesday

Oct 16, 2013

Net portfolio holdings of Maiden Lane LLC1

     1,493

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2

         0

Accrued interest payable to the Federal Reserve Bank of New York2

         0

Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co.3

         0

1.

Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of June 30, 2013. Any assets purchased after
this valuation date are initially recorded at cost until their estimated fair value as of the purchase date becomes available.

2.

Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.

3.

Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in table 8 and table 9.

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

5. Information on Principal Accounts of Maiden Lane II LLC

Millions of dollars

Account name

Wednesday

Oct 16, 2013

Net portfolio holdings of Maiden Lane II LLC1

        64

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2

         0

Accrued interest payable to the Federal Reserve Bank of New York2

         0

Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc.3

         0

1.

Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of June 30, 2013. Any assets purchased after
this valuation date are initially recorded at cost until their estimated fair value as of the purchase date becomes available.

2.

Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.

3.

Book value. The deferred payment represents the portion of the proceeds of the net portfolio holdings due to subsidiaries of American
International Group, Inc. in accordance with the asset purchase agreement. The fair value of this payment and accrued interest payable are
included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in table 8 and table 9.

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


6. Information on Principal Accounts of Maiden Lane III LLC

Millions of dollars

Account name

Wednesday

Oct 16, 2013

Net portfolio holdings of Maiden Lane III LLC1

        22

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2

         0

Accrued interest payable to the Federal Reserve Bank of New York2

         0

Outstanding principal amount and accrued interest on loan payable to American International Group, Inc.3

         0

1.

Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of June 30, 2013. Any assets purchased after
this valuation date are initially recorded at cost until their estimated fair value as of the purchase date becomes available.

2.

Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.

3.

Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in table 8 and table 9.

Note: On November 25, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane III LLC under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase multi-sector collateralized debt obligations (CDOs) on which the Financial Products group of American International Group, Inc. (AIG) has written credit default swap (CDS) contracts. In connection with the purchase of CDOs, the CDS counterparties will concurrently unwind the related CDS transactions. Payments by Maiden Lane III LLC from the proceeds of the net portfolio holdings will be made in the following order: operating expenses of Maiden Lane III LLC, principal due to the FRBNY, interest due to the FRBNY, principal due to AIG, and interest due to AIG. Any remaining funds will be shared by the FRBNY and AIG.

7. Information on Principal Accounts of TALF LLC

Millions of dollars

Account name

Wednesday

Oct 16, 2013

Asset-backed securities holdings1

         0

Other investments, net

       111

Net portfolio holdings of TALF LLC

       111

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2

         0

Accrued interest payable to the Federal Reserve Bank of New York2

         0

Funding provided by U.S. Treasury to TALF LLC, including accrued interest payable3

         0

1.

Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to be conducted in an orderly market on the measurement date.

2.

Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.

3.

Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in table 8 and table 9.

Note: On November 25, 2008, the Federal Reserve announced the creation of the Term Asset-Backed Securities Loan Facility (TALF) under the authority of section 13(3) of the Federal Reserve Act. The TALF is a facility under which the Federal Reserve Bank of New York (FRBNY) extended loans with a term of up to five years to holders of eligible asset-backed securities. The Federal Reserve closed the TALF for new loan extensions in 2010. The loans provided through the TALF to eligible borrowers are non-recourse, meaning that the obligation of the borrower can be discharged by surrendering the collateral to the FRBNY.

TALF LLC is a limited liability company formed to purchase and manage any asset-backed securities received by the FRBNY in connection with the decision of a borrower not to repay a TALF loan. TALF LLC has committed, for a fee, to purchase all asset-backed securities received by the FRBNY in conjunction with a TALF loan at a price equal to the TALF loan plus accrued but unpaid interest. Prior to January 15, 2013, the U.S. Treasury's Troubled Asset Relief Program (TARP) committed backup funding to TALF LLC, providing credit protection to the FRBNY. However, the accumulated fees and income collected through the TALF and held by TALF LLC now exceed the remaining amount of TALF loans outstanding. Accordingly, the TARP credit protection commitment has been terminated, and TALF LLC has begun to distribute excess proceeds to the Treasury and the FRBNY. Any remaining funds will be shared by the FRBNY and the U.S. Treasury.


8. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Assets, liabilities, and capital

Eliminations from consolidation

Wednesday
Oct 16, 2013

Change since

Wednesday

Wednesday

Oct 9, 2013

Oct 17, 2012

Assets

Gold certificate account

    11,037

         0

         0

Special drawing rights certificate account

     5,200

         0

         0

Coin

     1,985

-       15

-      187

Securities, unamortized premiums and discounts, repurchase agreements, and loans

3,740,535

+   54,335

+  978,033

Securities held outright1

3,542,947

+   53,395

+  938,813

U.S. Treasury securities

2,095,034

+    8,293

+  435,950

Bills2

         0

         0

         0

Notes and bonds, nominal2

1,992,923

+    6,762

+  417,227

Notes and bonds, inflation-indexed2

    88,589

+    1,380

+   15,555

Inflation compensation3

    13,522

+      150

+    3,168

Federal agency debt securities2

    60,165

-      487

-   22,581

Mortgage-backed securities4

1,387,748

+   45,589

+  525,444

Unamortized premiums on securities held outright5

   205,223

+    1,184

+   46,668

Unamortized discounts on securities held outright5

    -7,888

-      252

-    6,226

Repurchase agreements6

         0

         0

         0

Loans

       252

+        6

-    1,223

Net portfolio holdings of Maiden Lane LLC7

     1,493

         0

-       61

Net portfolio holdings of Maiden Lane II LLC8

        64

         0

+        3

Net portfolio holdings of Maiden Lane III LLC9

        22

         0

-        1

Net portfolio holdings of TALF LLC10

       111

         0

-      742

Items in process of collection

(0)

       101

-       50

-       38

Bank premises

     2,285

+        1

-       62

Central bank liquidity swaps11

       272

+       86

-   12,605

Foreign currency denominated assets12

    24,051

-      186

-    1,922

Other assets13

    26,443

+      765

+    4,261

Total assets

(0)

3,813,599

+   54,936

+  966,679

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.


8. Consolidated Statement of Condition of All Federal Reserve Banks (continued)

Millions of dollars

Assets, liabilities, and capital

Eliminations from consolidation

Wednesday
Oct 16, 2013

Change since

Wednesday

Wednesday

Oct 9, 2013

Oct 17, 2012

Liabilities

Federal Reserve notes, net of F.R. Bank holdings

1,173,127

+    2,215

+   79,286

Reverse repurchase agreements14

   105,655

+    6,570

+    4,348

Deposits

(0)

2,469,196

+   46,509

+  883,647

Term deposits held by depository institutions

         0

-   11,662

         0

Other deposits held by depository institutions

2,383,431

+   20,532

+  877,182

U.S. Treasury, General Account

    31,866

+    8,473

-   36,734

Foreign official

     8,802

-       75

+    3,241

Other

(0)

    45,096

+   29,239

+   39,957

Deferred availability cash items

(0)

     1,380

+      511

+      539

Other liabilities and accrued dividends15

     9,347

-      887

-    1,296

Total liabilities

(0)

3,758,705

+   54,918

+  966,524

Capital accounts

Capital paid in

    27,447

+        9

+       78

Surplus

    27,447

+        9

+       78

Other capital accounts

         0

         0

         0

Total capital

    54,893

+       17

+      155

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

1.

Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.

2.

Face value of the securities.

3.

Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities.

4.

Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities.

5.

Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been amortized.  For U.S. Treasury and Federal agency debt securities, amortization is on a straight-line basis.  For mortgage-backed securities, amortization is on an effective-interest basis.

6.

Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.

7.

Refer to table 4 and the note on consolidation accompanying table 9.

8.

Refer to table 5 and the note on consolidation accompanying table 9.

9.

Refer to table 6 and the note on consolidation accompanying table 9.

10.

Refer to table 7 and the note on consolidation accompanying table 9.

11.

Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to
the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was acquired from the foreign
central bank.

12.

Revalued daily at current foreign currency exchange rates.

13.

Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.

14.

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

15.

Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to entities other than the Federal
Reserve Bank of New York, including liabilities that have recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation accompanying table 9. Also includes the liability for interest on Federal Reserve notes due to U.S. Treasury.


9. Statement of Condition of Each Federal Reserve Bank, October 16, 2013

Millions of dollars

Assets, liabilities, and capital

Total

Boston

New York

Philadelphia

Cleveland

Richmond

Atlanta

Chicago

St. Louis

Minneapolis

Kansas

Dallas

San

City

Francisco

Assets

Gold certificate account

    11,037

       391

     3,925

       397

       512

       856

     1,421

       792

       310

       190

       309

       728

     1,206

Special drawing rights certificate acct.

     5,200

       196

     1,818

       210

       237

       412

       654

       424

       150

        90

       153

       282

       574

Coin

     1,985

        36

        89

       129

       134

       339

       204

       285

        28

        48

       159

       184

       351

Securities, unamortized premiums and discounts, repurchase agreements,
and loans

3,740,535

    97,825

2,074,241

   108,372

    95,523

   232,574

   248,473

   202,132

    60,203

    35,540

    70,783

   145,255

   369,615

Securities held outright1

3,542,947

    92,645

1,964,709

   102,654

    90,483

   220,303

   235,353

   191,448

    57,007

    33,620

    67,029

   137,581

   350,114

U.S. Treasury securities

2,095,034

    54,783

1,161,782

    60,702

    53,505

   130,271

   139,170

   113,208

    33,710

    19,880

    39,636

    81,355

   207,031

Bills2

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Notes and bonds3

2,095,034

    54,783

1,161,782

    60,702

    53,505

   130,271

   139,170

   113,208

    33,710

    19,880

    39,636

    81,355

   207,031

Federal agency debt securities2

    60,165

     1,573

    33,364

     1,743

     1,537

     3,741

     3,997

     3,251

       968

       571

     1,138

     2,336

     5,946

Mortgage-backed securities4

1,387,748

    36,288

   769,563

    40,209

    35,442

    86,291

    92,186

    74,989

    22,329

    13,169

    26,255

    53,890

   137,137

Unamortized premiums on securities held outright5

   205,223

     5,366

   113,805

     5,946

     5,241

    12,761

    13,633

    11,090

     3,302

     1,947

     3,883

     7,969

    20,280

Unamortized discounts on securities held outright5

    -7,888

      -206

    -4,374

      -229

      -201

      -490

      -524

      -426

      -127

       -75

      -149

      -306

      -779

Repurchase agreements6

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Loans

       252

        20

       101

         0

         0

         0

        11

        20

        20

        48

        21

        11

         0

Net portfolio holdings of Maiden

Lane LLC7

     1,493

         0

     1,493

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Net portfolio holdings of Maiden

Lane II LLC8

        64

         0

        64

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Net portfolio holdings of Maiden

Lane III LLC9

        22

         0

        22

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Net portfolio holdings of TALF LLC10

       111

         0

       111

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Items in process of collection

       101

         0

         0

         0

         0

         0

       101

         0

         0

         0

         0

         0

         0

Bank premises

     2,285

       118

       428

        73

       112

       229

       211

       202

       127

       100

       248

       233

       205

Central bank liquidity swaps11

       272

        13

        87

        21

        21

        57

        15

         8

         2

         1

         3

         4

        39

Foreign currency denominated assets12

    24,051

     1,182

     7,691

     1,860

     1,876

     5,050

     1,370

       686

       200

       101

       243

       382

     3,411

Other assets13

    26,443

       729

    14,236

       776

       686

     1,828

     1,763

     1,427

       484

       311

       524

     1,091

     2,588

Interdistrict settlement account

         0

-   10,870

+  212,468

-   29,612

-   11,309

-   18,836

-   46,701

-   52,571

-   16,789

-   15,400

-   25,405

-   35,421

+   50,446

Total assets

3,813,599

    89,620

2,316,672

    82,226

    87,792

   222,509

   207,511

   153,384

    44,715

    20,981

    47,017

   112,737

   428,434

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.


9. Statement of Condition of Each Federal Reserve Bank, October 16, 2013 (continued)

Millions of dollars

Assets, liabilities, and capital

Total

Boston

New York

Philadelphia

Cleveland

Richmond

Atlanta

Chicago

St. Louis

Minneapolis

Kansas

Dallas

San

City

Francisco

Liabilities

Federal Reserve notes outstanding

1,471,157

    46,329

   542,545

    44,311

    61,397

   111,494

   180,288

    94,959

    37,041

    23,219

    38,702

   120,811

   170,062

Less: Notes held by F.R. Banks

   298,030

    11,911

    77,101

     8,653

     9,208

    13,012

    30,544

    22,861

     4,573

    10,553

    12,783

    58,826

    38,005

Federal Reserve notes, net

1,173,127

    34,418

   465,444

    35,658

    52,189

    98,482

   149,744

    72,098

    32,468

    12,666

    25,919

    61,985

   132,057

Reverse repurchase agreements14

   105,655

     2,763

    58,590

     3,061

     2,698

     6,570

     7,019

     5,709

     1,700

     1,003

     1,999

     4,103

    10,441

Deposits

2,469,196

    49,556

1,770,543

    38,996

    28,228

   105,249

    45,671

    73,515

     9,863

     6,755

    18,322

    45,336

   277,161

Term deposits held by depository institutions

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Other deposits held by depository institutions

2,383,431

    49,553

1,685,134

    38,936

    28,225

   105,011

    45,659

    73,492

     9,863

     6,755

    18,320

    45,334

   277,148

U.S. Treasury, General Account

    31,866

         0

    31,866

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Foreign official

     8,802

         2

     8,775

         3

         3

         8

         2

         1

         0

         0

         0

         1

         6

Other

    45,096

         1

    44,768

        57

         0

       229

        10

        21

         0

         0

         1

         1

         7

Deferred availability cash items

     1,380

         0

        19

         0

         0

         0

     1,210

         0

         0

       151

         0

         0

         0

Interest on Federal Reserve notes due
to U.S. Treasury15

     1,313

        21

       828

        20

        11

        25

        96

        82

        24

        11

        28

        61

       103

Other liabilities and accrued
dividends16

     8,034

       264

     3,774

       312

       306

       752

       571

       468

       196

       162

       186

       339

       704

Total liabilities

3,758,705

    87,022

2,299,199

    78,048

    83,433

   211,077

   204,310

   151,873

    44,251

    20,748

    46,454

   111,824

   420,466

Capital

Capital paid in

    27,447

     1,299

     8,737

     2,089

     2,179

     5,716

     1,600

       756

       232

       116

       281

       457

     3,984

Surplus

    27,447

     1,299

     8,737

     2,089

     2,179

     5,716

     1,600

       756

       232

       116

       281

       457

     3,984

Other capital

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Total liabilities and capital

3,813,599

    89,620

2,316,672

    82,226

    87,792

   222,509

   207,511

   153,384

    44,715

    20,981

    47,017

   112,737

   428,434

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.


9. Statement of Condition of Each Federal Reserve Bank, October 16, 2013 (continued)

1.

Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.

2.

Face value of the securities.

3.

Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such securities.

4.

Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities.

5.

Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been amortized.  For U.S. Treasury and Federal agency debt securities, amortization is on a straight-line basis.  For mortgage-backed securities, amortization is on an effective-interest basis.

6.

Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.

7.

Refer to table 4 and the note on consolidation below.

8.

Refer to table 5 and the note on consolidation below.

9.

Refer to table 6 and the note on consolidation below.

10.

Refer to table 7 and the note on consolidation below.

11.

Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate
equals the market exchange rate used when the foreign currency was acquired from the foreign central bank.

12.

Revalued daily at current foreign currency exchange rates.

13.

Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.

14.

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

15.

Represents the estimated weekly remittances to U.S. Treasury as interest on Federal Reserve notes or, in those cases where the Reserve Bank's net earnings are not sufficient to equate surplus to capital paid-in, the deferred asset for interest on Federal Reserve notes. The amount of any deferred asset, which is presented as a negative amount in this line, represents the amount of the Federal Reserve Bank's earnings that must be retained before remittances to the U.S. Treasury resume. The amounts on this line are calculated in accordance with Board of Governors policy, which requires the Federal Reserve Banks to remit residual earnings to the U.S. Treasury as interest on Federal Reserve notes after providing for the costs of operations, payment of dividends, and the amount necessary to equate surplus with capital paid-in.

16.

Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation below.

Note on consolidation:

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

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

10. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts

Millions of dollars

Federal Reserve notes and collateral

Wednesday

Oct 16, 2013

Federal Reserve notes outstanding

1,471,157

Less: Notes held by F.R. Banks not subject to collateralization

   298,030

Federal Reserve notes to be collateralized

1,173,127

Collateral held against Federal Reserve notes

1,173,127

Gold certificate account

    11,037

Special drawing rights certificate account

     5,200

U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2

1,156,891

Other assets pledged

         0

Memo:

Total U.S. Treasury, agency debt, and mortgage-backed securities1,2

3,542,947

Less: Face value of securities under reverse repurchase agreements

    97,972

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged

3,444,975

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

1.

Includes face value of U.S. Treasury, agency debt, and mortgage-backed securities held outright, compensation to adjust for the effect of inflation on the original face value of inflation-indexed securities, and cash value of repurchase agreements.

2.

Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.


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