FRB: H.4.1 Release--Factors Affecting Reserve Balances--February 18, 2010

FEDERAL RESERVE statistical release
H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
February 18, 2010

1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and Averages of daily figures Wednesday
reserve balances of depository institutions at Week ended Change from week ended Feb 17, 2010
Federal Reserve Banks Feb 17, 2010 Feb 10, 2010 Feb 18, 2009

Reserve Bank credit 2,264,183 + 30,992 + 356,936 2,259,293
Securities held outright (1) 1,967,056 + 53,633 +1,396,637 1,967,699
U.S. Treasury securities 776,577 - 23 + 301,787 776,571
Bills (2) 18,423 0 0 18,423
Notes and bonds, nominal (2) 708,872 0 + 295,958 708,872
Notes and bonds, inflation-indexed (2) 43,777 0 + 4,399 43,777
Inflation compensation (3) 5,506 - 23 + 1,429 5,499
Federal agency debt securities (2) 165,901 + 465 + 133,343 165,587
Mortgage-backed securities (4) 1,024,577 + 53,191 + 961,506 1,025,541
Repurchase agreements (5) 0 0 0 0
Term auction credit 15,426 - 23,105 - 432,137 15,426
Other loans 87,731 + 35 - 55,499 87,774
Primary credit 14,263 - 299 - 51,729 14,156
Secondary credit 900 0 + 896 900
Seasonal credit 0 - 1 - 3 0
Primary dealer and other broker-dealer credit (6) 0 0 - 26,001 0
Asset-Backed Commercial Paper Money Market
Mutual Fund Liquidity Facility 0 0 - 13,875 0
Credit extended to American International
Group, Inc., net (7) 25,524 - 118 - 11,831 25,535
Term Asset-Backed Securities Loan Facility, net (8) 47,043 + 453 + 47,043 47,182
Other credit extensions 0 0 0 0
Net portfolio holdings of Commercial Paper
Funding Facility LLC (9) 7,711 - 793 - 242,647 7,721
Net portfolio holdings of Maiden Lane LLC (10) 27,184 + 311 + 1,301 27,210
Net portfolio holdings of Maiden Lane II LLC (11) 15,481 + 219 - 3,150 15,487
Net portfolio holdings of Maiden Lane III LLC (12) 22,380 + 174 - 5,259 22,392
Net portfolio holdings of TALF LLC (13) 334 0 + 334 334
Preferred interests in AIA Aurora LLC and ALICO
Holdings LLC (14) 25,106 0 + 25,106 25,106
Float -1,889 + 55 + 14 -3,145
Central bank liquidity swaps (15) 14 - 86 - 379,673 0
Other Federal Reserve assets (16) 97,648 + 548 + 51,909 93,289
Gold stock 11,041 0 0 11,041
Special drawing rights certificate account 5,200 0 + 3,000 5,200
Treasury currency outstanding (17) 42,775 + 14 + 610 42,775

Total factors supplying reserve funds 2,323,199 + 31,006 + 360,546 2,318,309

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

1. Factors Affecting Reserve Balances of Depository Institutions (continued)
Millions of dollars
Reserve Bank credit, related items, and Averages of daily figures Wednesday
reserve balances of depository institutions at Week ended Change from week ended Feb 17, 2010
Federal Reserve Banks Feb 17, 2010 Feb 10, 2010 Feb 18, 2009

Currency in circulation (17) 931,872 + 5,895 + 34,247 933,367
Reverse repurchase agreements (18) 54,792 + 1,307 - 18,201 54,888
Foreign official and international accounts 54,792 + 1,307 - 18,201 54,888
Dealers 0 0 0 0
Treasury cash holdings 206 + 1 - 64 204
Deposits with F.R. Banks, other than reserve balances 65,980 - 26,315 - 186,623 60,910
U.S. Treasury, general account 46,480 - 33,382 + 15,398 49,702
U.S. Treasury, supplementary financing account 5,000 0 - 194,950 5,000
Foreign official 3,033 - 622 + 588 3,070
Service-related 2,747 - 5 - 1,726 2,747
Required clearing balances 2,747 - 5 - 1,726 2,747
Adjustments to compensate for float 0 0 0 0
Other 8,721 + 7,696 - 5,932 391
Other liabilities and capital (19) 69,622 + 3,441 + 19,391 66,544

Total factors, other than reserve balances,
absorbing reserve funds 1,122,472 - 15,671 - 151,249 1,115,914

Reserve balances with Federal Reserve Banks 1,200,727 + 46,677 + 511,795 1,202,395

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

1. Includes securities lent to dealers under the overnight and term securities lending facilities; refer to
table 1A.
2. Face value of the securities.
3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed
securities.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the
remaining principal balance of the underlying mortgages.
5. Cash value of agreements.
6. Includes credit extended through the Primary Dealer Credit Facility and credit extended to certain other
broker-dealers.
7. Includes outstanding principal and capitalized interest net of unamortized deferred commitment fees and
allowance for loan restructuring. Excludes credit extended to consolidated LLCs.
8. Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the Term
Asset-Backed Securities Loan Facility, net of unamortized deferred administrative fees.
9. Refer to table 7 and the note on consolidation accompanying table 11.
10. Refer to table 4 and the note on consolidation accompanying table 11.
11. Refer to table 5 and the note on consolidation accompanying table 11.
12. Refer to table 6 and the note on consolidation accompanying table 11.
13. Refer to table 8 and the note on consolidation accompanying table 11.
14. Refer to table 9.
15. 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.
16. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange
rates, and accrued dividends on the Federal Reserve Bank of New York's preferred interests in AIA Aurora
LLC and ALICO Holdings LLC.
17. Estimated.
18. Cash value of agreements, which are collateralized by U.S. Treasury securities and federal agency debt
securities.
19. Includes the liabilities of Commercial Paper Funding Facility LLC, 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 8 and the note on consolidation accompanying table 11.

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

1A. Memorandum Items
Millions of dollars
Averages of daily figures Wednesday
Week ended Change from week ended Feb 17, 2010
Memorandum item Feb 17, 2010 Feb 10, 2010 Feb 18, 2009

Marketable securities held in custody for foreign
official and international accounts (1) 2,958,963 + 2,830 + 382,854 2,957,221
U.S. Treasury securities 2,193,224 + 3,105 + 430,883 2,190,923
Federal agency securities (2) 765,739 - 275 - 48,029 766,298
Securities lent to dealers 5,451 + 974 - 115,962 5,996
Overnight facility (3) 5,451 + 974 - 682 5,996
U.S. Treasury securities 4,592 + 832 - 1,541 5,147
Federal agency debt securities 859 + 143 + 859 849
Term facility (4) 0 0 - 115,280 0

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

1. Face value of the securities. Includes U.S. Treasury STRIPS, other zero-coupon bonds, and mortgage-backed
securities at face value.
2. Includes debt and mortgage-backed securities.
3. Fully collateralized by U.S. Treasury securities.
4. U.S. Treasury securities only. Fully collateralized by U.S. Treasury securities, federal agency
securities, and other highly rated debt securities.

2. Maturity Distribution of Term Auction Credit, Other Loans, and Securities, February 17, 2010
Millions of dollars
Within 15 16 days to 91 days to Over 1 year Over 5 years Over 10 All
Remaining maturity days 90 days 1 year to 5 years to 10 years years

Term auction credit 0 15,426 ... ... ... ... 15,426
Other loans (1) 14,728 328 0 72,718 0 ... 87,774
U.S. Treasury securities (2)
Holdings 15,385 26,346 40,542 337,298 213,266 143,733 776,571
Weekly changes - 9,716 + 7,416 - 5,147 + 10,978 - 2,027 - 1,526 - 21
Federal agency debt securities (3)
Holdings 0 2,934 23,212 102,734 34,360 2,347 165,587
Weekly changes - 710 + 535 - 276 + 1,090 0 0 + 639
Mortgage-backed securities (4)
Holdings 0 0 0 18 21 1,025,503 1,025,541
Weekly changes 0 0 0 + 2 + 1 + 48,674 + 48,676
Commercial paper held by
Commercial Paper Funding
Facility LLC (5) 0 2,966 0 ... ... ... 2,966
Asset-backed securities held by
TALF LLC (6) 0 0 0 0 0 0 0
Repurchase agreements (7) 0 0 ... ... ... ... 0

Reverse repurchase agreements (7) 54,888 0 ... ... ... ... 54,888

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 Commercial Paper Funding Facility LLC, Maiden Lane
LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC. The loans were eliminated when preparing the FRBNY's statement of
condition consistent with consolidation under generally accepted accounting principles.
2. Face value. For inflation-indexed securities, includes the original face value and compensation that adjusts for the effect of
inflation on the original face value of such securities.
3. Face value.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal
balance of the underlying mortgages.
5. Face value of commercial paper held by Commercial Paper Funding Facility LLC.
6. Face value of asset-backed securities held by TALF LLC, which is the remaining principal balance of the underlying assets.
7. Cash value of agreements.

3. Supplemental Information on Mortgage-Backed Securities Purchase Program
Millions of dollars
Wednesday
Account name Feb 17, 2010

Mortgage-backed securities held outright (1) 1,025,541

Commitments to buy mortgage-backed securities (2) 108,343
Commitments to sell mortgage-backed securities (2) 300

Cash and cash equivalents (3) 360

1. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal
balance of the underlying mortgages.
2. Current face value. Generally settle within 180 days and include commitments associated with outright transactions as well as
dollar rolls.
3. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 10 and table 11.

4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
Wednesday
Account name Feb 17, 2010

Net portfolio holdings of Maiden Lane LLC (1) 27,210

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2) 28,820
Accrued interest payable to the Federal Reserve Bank of New York (2) 432
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3) 1,256

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
December 31, 2009. 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 11.
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 10 and table 11.

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

5. Information on Principal Accounts of Maiden Lane II LLC
Millions of dollars
Wednesday
Account name Feb 17, 2010

Net portfolio holdings of Maiden Lane II LLC (1) 15,487

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2) 15,207
Accrued interest payable to the Federal Reserve Bank of New York (2) 291
Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc. (3) 1,041

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
December 31, 2009. 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 11.
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
10 and table 11.

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

6. Information on Principal Accounts of Maiden Lane III LLC
Millions of dollars
Wednesday
Account name Feb 17, 2010

Net portfolio holdings of Maiden Lane III LLC (1) 22,392

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2) 17,367
Accrued interest payable to the Federal Reserve Bank of New York (2) 370
Outstanding principal amount and accrued interest on loan payable to American International Group, Inc. (3) 5,215

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 Commercial Paper Funding Facility LLC
Millions of dollars
Wednesday
Account name Feb 17, 2010

Commercial paper holdings, net (1) 2,846
Other investments, net 4,875
Net portfolio holdings of Commercial Paper Funding Facility LLC 7,721

Memorandum: Commercial paper holdings, face value 2,966

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2) 2,942
Accrued interest payable to the Federal Reserve Bank of New York (2) 0

1. Book value, which includes amortized cost and related fees.
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 11.

Note: On October 27, 2008, the Federal Reserve Bank of New York began extending loans under the authority of section 13(3) of the
Federal Reserve Act to Commercial Paper Funding Facility LLC. This LLC is a limited liability company formed to purchase three-month
U.S. dollar-denominated commercial paper from eligible issuers and thereby foster liquidity in short-term funding markets and
increase the availability of credit for businesses and households.

8. Information on Principal Accounts of TALF LLC
Millions of dollars
Wednesday
Account name Feb 17, 2010

Asset-backed securities holdings (1) 0
Other investments, net 334
Net portfolio holdings of TALF LLC 334

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2) 0
Accrued interest payable to the Federal Reserve Bank of New York (2) 0
Funding provided by U.S. Treasury to TALF LLC, including accrued interest payable (3) 103

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 11.
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 10 and table 11.

Note: On November 25, 2008, the Federal Reserve announced the creation of the Term Asset-Backed Securities Loan Facility (TALF)
under the authority of section 13(3) of the Federal Reserve Act. The TALF is a facility under which the Federal Reserve Bank of New
York (FRBNY) extends loans with a term of up to five years to holders of eligible asset-backed securities. The TALF is intended to
assist financial markets in accommodating the credit needs of consumers and businesses by facilitating the issuance of asset-backed
securities collateralized by a variety of consumer and business loans. The loans provided through the TALF to eligible borrowers are
non-recourse, meaning that the obligation of the borrower can be discharged by surrendering the collateral to the FRBNY. The loans
are extended for the market value of the security less an amount known as a haircut. As a result, the borrower bears the initial
risk of a decline in the value of the security.

TALF LLC is a limited liability company formed to purchase and manage any asset-backed securities received by the FRBNY in
connection with the decision of a borrower not to repay a TALF loan. TALF LLC has committed, for a fee, to purchase all asset-backed
securities received by the FRBNY in conjunction with a TALF loan at a price equal to the TALF loan plus accrued but unpaid interest.
Losses on asset-backed securities held by TALF LLC will be offset in the following order: by the commitment fees collected by TALF
LLC, by the interest received on investments of TALF LLC, by up to $20 billion in subordinated debt funding provided by the U.S.
Treasury, and finally, by senior debt funding provided by the FRBNY. Payments by TALF LLC from the proceeds of its net portfolio
holdings will be made in the following order: operating expenses of TALF LLC, principal due to the FRBNY, principal due to the U.S.
Treasury, interest due to the FRBNY, and interest due to the U.S. Treasury. Any remaining funds will be shared by the FRBNY and the
U.S. Treasury.

9. Supplemental Information on the Federal Reserve Bank of New York's Preferred Interests in
AIA Aurora LLC and ALICO Holdings LLC
Millions of dollars
Wednesday
Account name Feb 17, 2010

Preferred interests in AIA Aurora LLC and ALICO Holdings LLC (1) 25,106
Accrued dividends on preferred interests in AIA Aurora LLC and ALICO Holdings LLC (2) 165

Preferred interests in AIA Aurora LLC (1) 16,068
Accrued dividends on preferred interests in AIA Aurora LLC (2) 106

Preferred interests in ALICO Holdings LLC (1) 9,038
Accrued dividends on preferred interests in ALICO Holdings LLC (2) 59

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

1. Book value.
2. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 10 and table 11.

Note on preferred interests:

In conjunction with the restructuring of the government's assistance to American International Group, Inc. (AIG) announced March 2,
2009, the outstanding balance and amount available of revolving credit provided to AIG by the FRBNY has been reduced in exchange for
preferred interests in two special purpose vehicles, AIA Aurora LLC and ALICO Holdings LLC. These two limited liability companies
were created to directly or indirectly hold all of the outstanding common stock of American International Assurance Company Ltd.
(AIA) and American Life Insurance Company (ALICO), two life insurance subsidiaries of AIG. AIG will retain control of AIA Aurora LLC
and ALICO Holdings LLC, and the FRBNY will have certain consent, disposition, and conversion rights with respect to its preferred
interests.

Dividends accrue as a percentage of the FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC. On a quarterly basis,
the accrued dividends are capitalized and added to the FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC.

10. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Eliminations from Wednesday Change since
consolidation Feb 17, 2010 Wednesday Wednesday
Assets, liabilities, and capital Feb 10, 2010 Feb 18, 2009

Assets
Gold certificate account 11,037 0 0
Special drawing rights certificate account 5,200 0 + 3,000
Coin 2,192 - 31 + 306
Securities, repurchase agreements, term auction
credit, and other loans 2,070,898 + 26,258 + 909,217
Securities held outright (1) 1,967,699 + 49,294 +1,394,074
U.S. Treasury securities 776,571 - 21 + 301,815
Bills (2) 18,423 0 0
Notes and bonds, nominal (2) 708,872 0 + 295,958
Notes and bonds, inflation-indexed (2) 43,777 0 + 4,399
Inflation compensation (3) 5,499 - 22 + 1,457
Federal agency debt securities (2) 165,587 + 639 + 132,010
Mortgage-backed securities (4) 1,025,541 + 48,676 + 960,249
Repurchase agreements (5) 0 0 0
Term auction credit 15,426 - 23,105 - 432,137
Other loans 87,774 + 70 - 52,719
Net portfolio holdings of Commercial Paper
Funding Facility LLC (6) 7,721 + 13 - 240,950
Net portfolio holdings of Maiden Lane LLC (7) 27,210 + 30 + 1,293
Net portfolio holdings of Maiden Lane II LLC (8) 15,487 + 7 - 3,153
Net portfolio holdings of Maiden Lane III LLC (9) 22,392 + 13 - 5,282
Net portfolio holdings of TALF LLC (10) 334 0 + 334
Preferred interests in AIA Aurora LLC and ALICO
Holdings LLC (11) 25,106 0 + 25,106
Items in process of collection (361) 62 - 413 - 1,416
Bank premises 2,241 + 2 + 54
Central bank liquidity swaps (12) 0 - 100 - 375,005
Other assets (13) 91,071 - 4,777 + 50,411

Total assets (361) 2,280,952 + 21,003 + 363,916

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

10. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
Eliminations from Wednesday Change since
consolidation Feb 17, 2010 Wednesday Wednesday
Assets, liabilities, and capital Feb 10, 2010 Feb 18, 2009

Liabilities
Federal Reserve notes, net of F.R. Bank holdings 892,985 + 3,893 + 34,497
Reverse repurchase agreements (14) 54,888 + 1,751 - 15,916
Deposits (0) 1,263,328 + 20,066 + 330,641
Depository institutions 1,205,165 + 41,568 + 496,035
U.S. Treasury, general account 49,702 - 18,380 + 29,201
U.S. Treasury, supplementary financing account 5,000 0 - 194,950
Foreign official 3,070 + 281 + 293
Other (0) 391 - 3,403 + 62
Deferred availability cash items (361) 3,207 + 830 - 1,476
Other liabilities and accrued dividends (15) 14,018 - 5,239 + 5,338

Total liabilities (361) 2,228,425 + 21,299 + 353,082

Capital accounts
Capital paid in 25,765 + 88 + 3,663
Surplus 25,223 - 6 + 5,717
Other capital accounts 1,539 - 378 + 1,453

Total capital 52,527 - 296 + 10,833

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

1. Includes securities lent to dealers under the overnight and term securities lending facilities; refer to
table 1A.
2. Face value of the securities.
3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed
securities.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the
remaining principal balance of the underlying mortgages.
5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
6. Refer to table 7 and the note on consolidation accompanying table 11.
7. Refer to table 4 and the note on consolidation accompanying table 11.
8. Refer to table 5 and the note on consolidation accompanying table 11.
9. Refer to table 6 and the note on consolidation accompanying table 11.
10. Refer to table 8 and the note on consolidation accompanying table 11.
11. Refer to 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 other assets denominated in foreign currencies, which are revalued daily at market exchange rates,
and accrued dividends on the Federal Reserve Bank of New York's preferred interests in AIA Aurora LLC and
ALICO Holdings LLC.
14. Cash value of agreements, which are collateralized by U.S. Treasury securities and federal agency debt
securities.
15. Includes the liabilities of Commercial Paper Funding Facility LLC, 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
8 and the note on consolidation accompanying table 11.

11. Statement of Condition of Each Federal Reserve Bank, February 17, 2010
Millions of dollars
Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas Dallas San
Assets, liabilities, and capital City Francisco

Assets
Gold certificate account 11,037 412 3,895 450 467 882 1,356 911 329 197 335 621 1,182
Special drawing rights certificate acct. 5,200 196 1,818 210 237 412 654 424 150 90 153 282 574
Coin 2,192 73 82 174 164 314 218 336 35 67 148 229 353
Securities, repurchase agreements, term
auction credit, and other loans 2,070,898 37,852 866,831 31,031 77,849 71,350 237,840 213,983 77,282 32,744 88,860 95,743 239,533
Securities held outright (1) 1,967,699 37,747 769,125 30,527 77,740 70,910 237,081 212,926 77,087 32,576 88,820 95,141 238,019
U.S. Treasury securities 776,571 14,897 303,542 12,048 30,681 27,985 93,566 84,033 30,423 12,856 35,054 37,548 93,937
Bills (2) 18,423 353 7,201 286 728 664 2,220 1,994 722 305 832 891 2,228
Notes and bonds (3) 758,148 14,544 296,341 11,762 29,953 27,321 91,346 82,040 29,701 12,551 34,222 36,658 91,708
Federal agency debt securities (2) 165,587 3,176 64,724 2,569 6,542 5,967 19,951 17,918 6,487 2,741 7,474 8,006 20,030
Mortgage-backed securities (4) 1,025,541 19,673 400,859 15,910 40,517 36,957 123,564 110,975 40,177 16,978 46,292 49,586 124,053
Repurchase agreements (5) 0 0 0 0 0 0 0 0 0 0 0 0 0
Term auction credit 15,426 25 10,571 456 109 363 678 794 183 132 35 600 1,479
Other loans 87,774 81 87,135 48 0 77 81 262 12 36 5 2 34
Net portfolio holdings of Commercial
Paper Funding Facility LLC (6) 7,721 0 7,721 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane LLC (7) 27,210 0 27,210 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane II LLC (8) 15,487 0 15,487 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane III LLC (9) 22,392 0 22,392 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of TALF LLC (10) 334 0 334 0 0 0 0 0 0 0 0 0 0
Preferred interests in AIA Aurora LLC
and ALICO Holdings LLC (11) 25,106 0 25,106 0 0 0 0 0 0 0 0 0 0
Items in process of collection 423 29 0 64 174 11 3 33 15 -34 35 51 40
Bank premises 2,241 121 260 71 144 238 221 208 135 110 267 252 213
Central bank liquidity swaps (12) 0 0 0 0 0 0 0 0 0 0 0 0 0
Other assets (13) 91,071 2,216 33,171 3,780 4,461 9,458 9,417 7,653 2,827 1,804 3,168 3,536 9,581
Interdistrict settlement account 0 + 6,024 + 126,907 + 43,856 - 26,689 + 202,940 - 92,122 - 101,884 - 36,434 - 10,869 - 37,271 - 28,273 - 46,186

Total assets 2,281,313 46,924 1,131,214 79,636 56,807 285,604 157,587 121,664 44,339 24,110 55,697 72,441 205,290

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

11. Statement of Condition of Each Federal Reserve Bank, February 17, 2010 (continued)
Millions of dollars
Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas Dallas San
Assets, liabilities, and capital City Francisco

Liabilities
Federal Reserve notes outstanding 1,079,261 35,420 396,409 38,365 44,551 81,885 138,012 85,195 32,765 19,493 28,708 62,743 115,717
Less: Notes held by F.R. Banks 186,276 4,347 67,432 5,405 7,452 9,778 32,952 11,497 3,556 2,698 3,300 11,859 26,000
Federal Reserve notes, net 892,985 31,074 328,977 32,960 37,098 72,107 105,060 73,698 29,208 16,795 25,408 50,884 89,717
Reverse repurchase agreements (14) 54,888 1,053 21,454 852 2,169 1,978 6,613 5,939 2,150 909 2,478 2,654 6,639
Deposits 1,263,328 12,585 755,757 39,874 12,645 196,852 41,360 39,564 12,046 4,423 26,857 17,471 103,893
Depository institutions 1,205,165 12,549 697,762 39,870 12,641 196,754 41,358 39,555 12,039 4,422 26,855 17,471 103,889
U.S. Treasury, general account 49,702 0 49,702 0 0 0 0 0 0 0 0 0 0
U.S. Treasury, supplementary
financing account 5,000 0 5,000 0 0 0 0 0 0 0 0 0 0
Foreign official 3,070 1 3,042 4 3 11 2 1 0 1 0 1 3
Other 391 35 250 0 1 87 0 8 7 0 1 0 1
Deferred availability cash items 3,569 103 0 367 675 112 377 280 103 372 172 285 721
Other liabilities and accrued
dividends (15) 14,018 200 9,325 212 332 519 805 722 296 169 302 369 767

Total liabilities 2,228,786 45,015 1,115,513 74,265 52,919 271,568 154,216 120,204 43,803 22,668 55,216 71,663 201,737

Capital
Capital paid in 25,765 944 7,530 2,802 1,921 7,125 1,599 647 236 712 206 353 1,688
Surplus 25,223 944 7,486 2,569 1,910 6,911 1,581 620 240 712 210 353 1,687
Other capital 1,539 20 685 0 56 0 191 193 60 18 66 72 177

Total liabilities and capital 2,281,313 46,924 1,131,214 79,636 56,807 285,604 157,587 121,664 44,339 24,110 55,697 72,441 205,290

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

11. Statement of Condition of Each Federal Reserve Bank, February 17, 2010 (continued)
1. Includes securities lent to dealers under the overnight and term securities lending facilities; refer to table 1A.
2. Face value of the securities.
3. Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such securities.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the underlying mortgages.
5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
6. Refer to table 7 and the note on consolidation below.
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 8 and the note on consolidation below.
11. Refer to 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 other assets denominated in foreign currencies, which are revalued daily at market exchange rates, and accrued dividends on the Federal Reserve Bank of New York's preferred interests in
AIA Aurora LLC and ALICO Holdings LLC.
14. Cash value of agreements, which are collateralized by U.S. Treasury securities and federal agency debt securities.
15. Includes the liabilities of Commercial Paper Funding Facility LLC, 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 8 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 October 27, 2008, the FRBNY began extending loans to Commercial Paper Funding Facility LLC, which was
formed to purchase three-month U.S. dollar-denominated commercial paper from eligible issuers. 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 sole beneficiary of Commercial Paper Funding Facility LLC. 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 10), 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 10).

12. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Wednesday
Federal Reserve notes and collateral Feb 17, 2010

Federal Reserve notes outstanding 1,079,261
Less: Notes held by F.R. Banks not subject to collateralization 186,276
Federal Reserve notes to be collateralized 892,985
Collateral held against Federal Reserve notes 892,985
Gold certificate account 11,037
Special drawing rights certificate account 5,200
U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2) 876,748
Other assets pledged 0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2) 1,967,699
Less: Face value of securities under reverse repurchase agreements 53,958
U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 1,913,740

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 and term securities lending facilities; refer
to table 1A.

Statistical releases