FRB: H.4.1 Release--Factors Affecting Reserve Balances--August 1, 2013

FEDERAL RESERVE statistical release

For release at
4:30 P.M. EDT
August 1, 2013

The weekly average values, shown in table 1, reflect the June 30, 2013, quarterly updates to the fair values
of the net portfolio holdings of Maiden Lane LLC and the fair value adjustment of the Term Asset-Backed
Securities Loan Facility, or TALF, which is included in "Other Federal Reserve assets." The amounts for the first
six days of this reporting week are based on the values as of March 31, 2013, and the amounts for the last day
of the reporting week are based on the values as of June 30, 2013.

FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks August 1, 2013

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 Jul 31, 2013
Federal Reserve Banks Jul 31, 2013 Jul 24, 2013 Aug 1, 2012

Reserve Bank credit 3,524,211 + 7,634 + 717,997 3,528,797
Securities held outright (1) 3,290,839 + 8,179 + 697,025 3,295,892
U.S. Treasury securities 1,977,368 + 13,380 + 328,006 1,982,407
Bills (2) 0 0 0 0
Notes and bonds, nominal (2) 1,880,038 + 13,341 + 309,642 1,885,063
Notes and bonds, inflation-indexed (2) 84,406 0 + 15,320 84,406
Inflation compensation (3) 12,924 + 39 + 3,044 12,938
Federal agency debt securities (2) 66,521 0 - 24,508 66,521
Mortgage-backed securities (4) 1,246,950 - 5,201 + 393,527 1,246,964
Unamortized premiums on securities held outright (5) 204,231 - 390 + 59,974 204,101
Unamortized discounts on securities held outright (5) -3,125 - 171 - 1,113 -3,222
Repurchase agreements (6) 0 0 0 0
Loans 351 - 10 - 3,350 320
Primary credit 11 + 1 - 21 8
Secondary credit 0 0 - 1 0
Seasonal credit 129 + 13 + 8 128
Term Asset-Backed Securities Loan Facility (7) 211 - 25 - 3,336 185
Other credit extensions 0 0 0 0
Net portfolio holdings of Maiden Lane LLC (8) 1,425 + 11 - 657 1,488
Net portfolio holdings of Maiden Lane II LLC (9) 64 0 + 3 64
Net portfolio holdings of Maiden Lane III LLC (10) 22 0 - 7,196 22
Net portfolio holdings of TALF LLC (11) 268 0 - 580 268
Float -654 - 17 + 16 -816
Central bank liquidity swaps (12) 1,479 - 1 - 29,543 1,479
Other Federal Reserve assets (13) 29,311 + 35 + 3,419 29,201
Foreign currency denominated assets (14) 23,842 + 284 - 1,291 23,872
Gold stock 11,041 0 0 11,041
Special drawing rights certificate account 5,200 0 0 5,200
Treasury currency outstanding (15) 45,211 + 14 + 648 45,211

Total factors supplying reserve funds 3,609,506 + 7,934 + 717,355 3,614,122

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 Jul 31, 2013
Federal Reserve Banks Jul 31, 2013 Jul 24, 2013 Aug 1, 2012

Currency in circulation (15) 1,194,999 + 738 + 82,996 1,197,424
Reverse repurchase agreements (16) 89,270 + 2,016 - 611 91,085
Foreign official and international accounts 89,270 + 2,016 - 611 91,085
Others 0 0 0 0
Treasury cash holdings 136 + 8 + 15 144
Deposits with F.R. Banks, other than reserve balances 106,983 - 53,353 + 45,888 141,717
Term deposits held by depository institutions 11,913 0 + 8,873 11,913
U.S. Treasury, General Account 60,063 + 1,660 + 17,961 109,693
Foreign official 10,435 + 331 + 7,077 10,481
Other 24,572 - 55,344 + 11,978 9,630
Other liabilities and capital (17) 63,595 - 1,078 - 3,637 62,908

Total factors, other than reserve balances,
absorbing reserve funds 1,454,984 - 51,669 + 124,652 1,493,279

Reserve balances with Federal Reserve Banks 2,154,522 + 59,602 + 592,703 2,120,843

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

1. Includes securities lent to dealers under the overnight securities lending facility; refer to table
1A.
2. Face value of the securities.
3. Compensation that adjusts for the effect of inflation on the original face value of
inflation-indexed securities.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which
is the remaining principal balance of the underlying mortgages.
5. 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
Week ended Change from week ended Jul 31, 2013
Jul 31, 2013 Jul 24, 2013 Aug 1, 2012

Securities held in custody for foreign official and
international accounts 3,264,725 - 5,264 + 137,915 3,269,178
Marketable U.S. Treasury securities (1) 2,917,987 - 12,149 + 160,557 2,923,940
Federal agency debt and mortgage-backed securities (2) 309,715 + 6,733 - 21,640 308,078
Other securities (3) 37,023 + 151 - 1,002 37,160
Securities lent to dealers 9,043 - 1,752 - 364 8,121
Overnight facility (4) 9,043 - 1,752 - 364 8,121
U.S. Treasury securities 8,207 - 1,814 - 473 7,146
Federal agency debt securities 836 + 62 + 110 975

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 underlying mortgages.
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, July 31, 2013

Millions of dollars
Remaining Maturity Within 15 16 days to 91 days to Over 1 year Over 5 year Over 10 All
days 90 days 1 year to 5 years to 10 years years

Loans (1) 100 35 16 168 0 ... 320
U.S. Treasury securities (2)
Holdings 0 3 382 595,418 869,614 516,990 1,982,407
Weekly changes - 1 0 + 40 + 24,479 - 16,540 + 4,425 + 12,404
Federal agency debt securities (3)
Holdings 808 6,633 16,953 39,718 62 2,347 66,521
Weekly changes + 808 - 808 + 523 - 523 0 0 0
Mortgage-backed securities (4)
Holdings 0 0 0 1 2,564 1,244,399 1,246,964
Weekly changes 0 0 0 0 - 54 - 13,909 - 13,964
Asset-backed securities held by
TALF LLC (5) 0 0 0 0 0 0 0
Repurchase agreements (6) 0 0 ... ... ... ... 0
Central bank liquidity swaps (7) 1,293 186 0 0 0 0 1,479

Reverse repurchase agreements (6) 91,085 0 ... ... ... ... 91,085
Term deposits 11,913 0 0 ... ... ... 11,913

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

1. Excludes the loans from the Federal Reserve Bank of New York (FRBNY) to Maiden Lane LLC, Maiden
Lane II LLC, Maiden Lane III LLC, and TALF LLC. The loans were eliminated when preparing the FRBNY's
statement of condition consistent with consolidation under generally accepted accounting principles.
2. Face value. For inflation-indexed securities, includes the original face value and compensation
that adjusts for the effect of inflation on the original face value of such securities.
3. Face value.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which
is the remaining principal balance of the underlying mortgages.
5. Face value of asset-backed securities held by TALF LLC, which is the remaining principal balance of
the underlying assets.
6. Cash value of agreements.
7. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used
when the foreign currency is returned to the foreign central bank. This exchange rate equals the
market exchange rate used when the foreign currency was acquired from the foreign central bank.

3. Supplemental Information on Mortgage-Backed Securities
Millions of dollars
Account name Wednesday
Jul 31, 2013

Mortgage-backed securities held outright (1) 1,246,964

Commitments to buy mortgage-backed securities (2) 88,772
Commitments to sell mortgage-backed securities (2) 0

Cash and cash equivalents (3) 34

1. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which
is the remaining principal balance of the underlying mortgages.
2. Current face value. Generally settle within 180 days and include commitments associated with
outright transactions, dollar rolls, and coupon swaps.
3. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 8
and table 9.

4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
Account name Wednesday
Jul 31, 2013

Net portfolio holdings of Maiden Lane LLC (1) 1,488

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
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
Jul 31, 2013

Net portfolio holdings of Maiden Lane II LLC (1) 64

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
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
Jul 31, 2013

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

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
Jul 31, 2013

Asset-backed securities holdings (1) 0
Other investments, net 268
Net portfolio holdings of TALF LLC 268

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) 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 Wednesday Change since
from Jul 31, 2013 Wednesday Wednesday
consolidation Jul 24, 2013 Aug 1, 2012

Assets
Gold certificate account 11,037 0 0
Special drawing rights certificate account 5,200 0 0
Coin 1,969 - 4 - 151
Securities, unamortized premiums and discounts,
repurchase agreements, and loans 3,497,090 - 2,392 + 756,883
Securities held outright (1) 3,295,892 - 1,560 + 702,091
U.S. Treasury securities 1,982,407 + 12,404 + 333,113
Bills (2) 0 0 0
Notes and bonds, nominal (2) 1,885,063 + 12,365 + 314,727
Notes and bonds, inflation-indexed (2) 84,406 0 + 15,320
Inflation compensation (3) 12,938 + 39 + 3,066
Federal agency debt securities (2) 66,521 0 - 24,508
Mortgage-backed securities (4) 1,246,964 - 13,964 + 393,486
Unamortized premiums on securities held outright
(5) 204,101 - 616 + 59,369
Unamortized discounts on securities held outright
(5) -3,222 - 191 - 1,243
Repurchase agreements (6) 0 0 0
Loans 320 - 24 - 3,333
Net portfolio holdings of Maiden Lane LLC (7) 1,488 + 74 - 597
Net portfolio holdings of Maiden Lane II LLC (8) 64 0 + 3
Net portfolio holdings of Maiden Lane III LLC (9) 22 0 - 7,355
Net portfolio holdings of TALF LLC (10) 268 0 - 580
Items in process of collection (0) 105 + 14 - 177
Bank premises 2,296 0 - 56
Central bank liquidity swaps (11) 1,479 - 1 - 29,543
Foreign currency denominated assets (12) 23,872 + 249 - 1,259
Other assets (13) 26,905 - 719 + 3,509

Total assets (0) 3,571,797 - 2,777 + 720,679

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 Wednesday Change since
from Jul 31, 2013 Wednesday Wednesday
consolidation Jul 24, 2013 Aug 1, 2012

Liabilities
Federal Reserve notes, net of F.R. Bank holdings 1,154,322 + 2,336 + 81,731
Reverse repurchase agreements (14) 91,085 + 5,530 + 1,279
Deposits (0) 2,262,560 - 10,161 + 640,930
Term deposits held by depository institutions 11,913 0 + 8,873
Other deposits held by depository institutions 2,120,843 + 21,514 + 579,844
U.S. Treasury, General Account 109,693 + 58,727 + 57,010
Foreign official 10,481 + 71 + 6,248
Other (0) 9,630 - 90,472 - 11,045
Deferred availability cash items (0) 921 + 58 + 37
Other liabilities and accrued dividends (15) 7,884 - 533 - 3,636

Total liabilities (0) 3,516,773 - 2,769 + 720,343

Capital accounts
Capital paid in 27,512 - 4 + 168
Surplus 27,512 - 4 + 168
Other capital accounts 0 0 0

Total capital 55,024 - 8 + 336

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

1. Includes securities lent to dealers under the overnight securities lending facility; refer to table
1A.
2. Face value of the securities.
3. Compensation that adjusts for the effect of inflation on the original face value of
inflation-indexed securities.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which
is the remaining principal balance of the underlying mortgages.
5. 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, July 31, 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 1,969 34 84 123 136 337 193 288 30 47 159 193 345
Securities, unamortized premiums and
discounts, repurchase agreements,
and loans 3,497,090 91,437 1,939,289 101,316 89,304 217,432 232,306 188,991 56,285 33,209 66,173 135,796 345,551
Securities held outright (1) 3,295,892 86,184 1,827,707 95,496 84,174 204,941 218,942 178,098 53,032 31,275 62,355 127,988 325,700
U.S. Treasury securities 1,982,407 51,838 1,099,326 57,439 50,629 123,268 131,689 107,122 31,898 18,811 37,505 76,982 195,901
Bills (2) 0 0 0 0 0 0 0 0 0 0 0 0 0
Notes and bonds (3) 1,982,407 51,838 1,099,326 57,439 50,629 123,268 131,689 107,122 31,898 18,811 37,505 76,982 195,901
Federal agency debt securities (2) 66,521 1,739 36,889 1,927 1,699 4,136 4,419 3,595 1,070 631 1,259 2,583 6,574
Mortgage-backed securities (4) 1,246,964 32,607 691,493 36,130 31,846 77,537 82,834 67,382 20,064 11,833 23,591 48,423 123,225
Unamortized premiums on securities held
outright (5) 204,101 5,337 113,182 5,914 5,213 12,691 13,558 11,029 3,284 1,937 3,861 7,926 20,169
Unamortized discounts on securities
held outright (5) -3,222 -84 -1,787 -93 -82 -200 -214 -174 -52 -31 -61 -125 -318
Repurchase agreements (6) 0 0 0 0 0 0 0 0 0 0 0 0 0
Loans 320 0 187 0 0 0 20 38 21 28 18 8 0
Net portfolio holdings of Maiden
Lane LLC (7) 1,488 0 1,488 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane II LLC (8) 64 0 64 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane III LLC (9) 22 0 22 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of TALF LLC (10) 268 0 268 0 0 0 0 0 0 0 0 0 0
Items in process of collection 105 0 0 0 0 0 105 0 0 0 0 0 0
Bank premises 2,296 119 432 72 112 230 212 202 128 101 249 234 205
Central bank liquidity swaps (11) 1,479 73 473 114 115 311 84 42 12 6 15 23 210
Foreign currency denominated assets (12) 23,872 1,172 7,642 1,845 1,861 5,010 1,359 680 199 100 241 378 3,384
Other assets (13) 26,905 741 14,507 790 705 1,861 1,810 1,453 484 322 533 1,062 2,636
Interdistrict settlement account 0 - 27,740 + 282,505 - 32,848 - 19,191 - 16,515 - 44,401 - 53,704 - 15,020 - 13,989 - 22,426 - 37,609 + 937

Total assets 3,571,797 66,423 2,252,518 72,020 73,792 209,934 193,743 139,169 42,579 20,077 45,408 101,088 355,048

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, July 31, 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 1,478,390 46,396 553,573 45,701 61,272 111,548 181,165 95,785 37,080 23,402 39,463 116,633 166,372
Less: Notes held by F.R. Banks 324,068 13,202 93,587 8,615 9,973 14,047 34,698 21,861 4,745 10,951 13,297 62,042 37,049
Federal Reserve notes, net 1,154,322 33,194 459,986 37,086 51,299 97,501 146,467 73,924 32,336 12,451 26,166 54,591 129,323
Reverse repurchase agreements (14) 91,085 2,382 50,511 2,639 2,326 5,664 6,051 4,922 1,466 864 1,723 3,537 9,001
Deposits 2,262,560 28,041 1,720,026 27,819 15,586 94,656 36,858 58,421 8,139 6,152 16,800 41,752 208,311
Term deposits held by depository
institutions 11,913 5 8,010 800 0 1,045 700 128 0 70 150 5 1,000
Other deposits held by depository
institutions 2,120,843 28,032 1,582,664 26,984 15,582 93,269 36,146 58,257 8,138 6,082 16,648 41,744 207,295
U.S. Treasury, General Account 109,693 0 109,693 0 0 0 0 0 0 0 0 0 0
Foreign official 10,481 2 10,454 3 3 8 2 1 0 0 0 1 6
Other 9,630 1 9,205 32 0 334 10 35 0 0 1 2 10
Deferred availability cash items 921 0 0 0 0 0 692 0 0 230 0 0 0
Interest on Federal Reserve notes due
to U.S. Treasury (15) 1,276 32 741 40 24 67 93 61 19 12 22 50 114
Other liabilities and accrued
dividends (16) 6,608 176 3,707 211 211 523 389 329 156 135 134 238 400

Total liabilities 3,516,773 63,825 2,234,970 67,794 69,446 198,411 190,549 137,658 42,115 19,844 44,846 100,167 347,148

Capital
Capital paid in 27,512 1,299 8,774 2,113 2,173 5,761 1,597 755 232 117 281 461 3,950
Surplus 27,512 1,299 8,774 2,113 2,173 5,761 1,597 755 232 117 281 461 3,950
Other capital 0 0 0 0 0 0 0 0 0 0 0 0 0

Total liabilities and capital 3,571,797 66,423 2,252,518 72,020 73,792 209,934 193,743 139,169 42,579 20,077 45,408 101,088 355,048

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, July 31, 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. Current face value of the securities, which is the remaining principal balance of the underlying mortgages.
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
Jul 31, 2013

Federal Reserve notes outstanding 1,478,390
Less: Notes held by F.R. Banks not subject to collateralization 324,068
Federal Reserve notes to be collateralized 1,154,322
Collateral held against Federal Reserve notes 1,154,322
Gold certificate account 11,037
Special drawing rights certificate account 5,200
U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2) 1,138,085
Other assets pledged 0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2) 3,295,892
Less: Face value of securities under reverse repurchase agreements 81,141
U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 3,214,751

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.

Statistical releases