FRB: H.4.1 Release--Factors Affecting Reserve Balances--February 10, 2011

FEDERAL RESERVE statistical release
H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
February 10, 2011

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 9, 2011
Federal Reserve Banks Feb 9, 2011 Feb 2, 2011 Feb 10, 2010

Reserve Bank credit 2,469,428 + 30,947 + 236,212 2,483,213
Securities held outright (1) 2,263,508 + 28,341 + 350,085 2,276,788
U.S. Treasury securities 1,153,807 + 28,341 + 377,207 1,167,087
Bills (2) 18,423 0 0 18,423
Notes and bonds, nominal (2) 1,076,841 + 26,596 + 367,969 1,090,111
Notes and bonds, inflation-indexed (2) 52,366 + 1,636 + 8,589 52,366
Inflation compensation (3) 6,178 + 110 + 649 6,187
Federal agency debt securities (2) 144,624 0 - 20,812 144,624
Mortgage-backed securities (4) 965,077 0 - 6,309 965,077
Repurchase agreements (5) 0 0 0 0
Term auction credit 0 0 - 38,531 0
Other loans 22,407 - 518 - 65,289 22,112
Primary credit 48 - 3 - 14,514 18
Secondary credit 0 0 - 900 0
Seasonal credit 0 - 6 - 1 0
Credit extended to American International
Group, Inc., net (6) 0 0 - 25,642 0
Term Asset-Backed Securities Loan Facility (7) 22,359 - 509 - 24,231 22,094
Other credit extensions 0 0 0 0
Net portfolio holdings of Commercial Paper
Funding Facility LLC (8) 0 0 - 8,504 0
Net portfolio holdings of Maiden Lane LLC (9) 26,542 + 95 - 331 26,565
Net portfolio holdings of Maiden Lane II LLC (10) 16,035 + 28 + 773 16,038
Net portfolio holdings of Maiden Lane III LLC (11) 22,914 + 410 + 708 23,028
Net portfolio holdings of TALF LLC (12) 686 0 + 352 686
Preferred interests in AIA Aurora LLC and ALICO
Holdings LLC (6) 0 0 - 25,106 0
Float -1,702 - 411 + 242 -2,285
Central bank liquidity swaps (13) 70 0 - 30 70
Other Federal Reserve assets (14) 118,968 + 3,004 + 21,842 120,211
Gold stock 11,041 0 0 11,041
Special drawing rights certificate account 5,200 0 0 5,200
Treasury currency outstanding (15) 43,633 + 14 + 891 43,633

Total factors supplying reserve funds 2,529,302 + 30,961 + 237,102 2,543,086

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 9, 2011
Federal Reserve Banks Feb 9, 2011 Feb 2, 2011 Feb 10, 2010

Currency in circulation (15) 986,051 + 8,404 + 60,092 988,409
Reverse repurchase agreements (16) 59,499 - 405 + 6,014 56,022
Foreign official and international accounts 59,499 - 405 + 6,014 56,022
Others 0 0 0 0
Treasury cash holdings 179 + 2 - 26 179
Deposits with F.R. Banks, other than reserve balances 259,121 - 42,272 + 166,826 240,429
Term deposits held by depository institutions 0 0 0 0
U.S. Treasury, general account 81,217 - 16,097 + 1,355 62,516
U.S. Treasury, supplementary financing account 174,967 - 24,996 + 169,967 174,967
Foreign official 127 - 1,041 - 3,528 118
Service-related 2,352 - 1 - 400 2,352
Required clearing balances 2,352 - 1 - 400 2,352
Adjustments to compensate for float 0 0 0 0
Other 458 - 137 - 567 477
Funds from American International Group, Inc. asset
dispositions, held as agent (6) 0 0 0 0
Other liabilities and capital (17) 72,054 + 815 + 5,873 71,144

Total factors, other than reserve balances,
absorbing reserve funds 1,376,904 - 33,455 + 238,779 1,356,183

Reserve balances with Federal Reserve Banks 1,152,398 + 64,416 - 1,677 1,186,903

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. Cash value of agreements.
6. As a result of the closing of the American International Group, Inc. (AIG) recapitalization plan on
January 14, 2011, the credit extended to AIG was fully repaid and the Federal Reserve's commitment to lend
any further funds was terminated. In addition, the Federal Reserve Bank of New York (FRBNY) has been paid
in full for its preferred interests in AIA Aurora LLC and ALICO Holdings LLC. The funds from AIG asset
dispositions that FRBNY held as agent were the source of repayment of the credit extended to AIG, as well
as a portion of the FRBNY's preferred interests in ALICO Holdings LLC. The remaining FRBNY preferred
interests in ALICO Holdings LLC and AIA Aurora LLC, valued at approximately $20 billion, were purchased by
AIG through a draw on the Treasury's Series F preferred stock commitment and then transferred by AIG to
the Treasury as consideration for the draw on the available Series F funds.
7. Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the Term
Asset-Backed Securities Loan Facility.
8. Includes the book value of the commercial paper, net of amortized costs and related fees, and other
investments held by the Commercial Paper Funding Facility LLC.
9. Refer to table 4 and the note on consolidation accompanying table 9.
10. Refer to table 5 and the note on consolidation accompanying table 9.
11. Refer to table 6 and the note on consolidation accompanying table 9.
12. Refer to table 7 and the note on consolidation accompanying table 9.
13. 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.
14. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange
rates, and the fair value adjustment to credit extended by the FRBNY to eligible borrowers through the
Term Asset-Backed Securities Loan Facility. Before the closing of the AIG recapitalization plan on
January 14, 2011, included accrued dividends on the FRBNY's preferred interests in AIA Aurora LLC and
ALICO Holdings LLC.
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
Averages of daily figures Wednesday
Week ended Change from week ended Feb 9, 2011
Memorandum item Feb 9, 2011 Feb 2, 2011 Feb 10, 2010

Marketable securities held in custody for foreign
official and international accounts (1) 3,363,102 + 7,260 + 406,969 3,367,576
U.S. Treasury securities 2,613,441 + 7,188 + 423,322 2,618,480
Federal agency securities (2) 749,661 + 72 - 16,353 749,096
Securities lent to dealers 18,668 + 1,926 + 14,191 21,693
Overnight facility (3) 18,668 + 1,926 + 14,191 21,693
U.S. Treasury securities 17,430 + 2,122 + 13,670 20,457
Federal agency debt securities 1,238 - 196 + 522 1,236

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

1. Face value of the securities. Includes U.S. Treasury STRIPS and other zero-coupon bonds at face value and
mortgage-backed securities at original face value.
2. Includes debt and mortgage-backed securities.
3. Fully collateralized by U.S. Treasury securities.

2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, February 9, 2011
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

Other loans (1) 18 0 0 22,094 0 ... 22,112
U.S. Treasury securities (2)
Holdings 17,657 22,752 52,339 490,485 414,155 169,700 1,167,087
Weekly changes + 3,867 - 3,866 0 + 7,278 + 17,237 + 4,406 + 28,921
Federal agency debt securities (3)
Holdings 505 19,001 23,620 70,180 28,971 2,347 144,624
Weekly changes + 246 - 246 0 0 0 0 0
Mortgage-backed securities (4)
Holdings 0 0 0 23 22 965,032 965,077
Weekly changes 0 0 0 0 + 1 - 1 0
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) 70 0 0 0 0 0 70

Reverse repurchase agreements (6) 56,022 0 ... ... ... ... 56,022
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. 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 Purchase Program
Millions of dollars
Wednesday
Account name Feb 9, 2011

Mortgage-backed securities held outright (1) 965,077

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

Cash and cash equivalents (3) 0

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
Wednesday
Account name Feb 9, 2011

Net portfolio holdings of Maiden Lane LLC (1) 26,565

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2) 24,585
Accrued interest payable to the Federal Reserve Bank of New York (2) 639
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3) 1,322

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, 2010. 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
Wednesday
Account name Feb 9, 2011

Net portfolio holdings of Maiden Lane II LLC (1) 16,038

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2) 12,551
Accrued interest payable to the Federal Reserve Bank of New York (2) 470
Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc. (3) 1,075

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, 2010. 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
Wednesday
Account name Feb 9, 2011

Net portfolio holdings of Maiden Lane III LLC (1) 23,028

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2) 12,668
Accrued interest payable to the Federal Reserve Bank of New York (2) 564
Outstanding principal amount and accrued interest on loan payable to American International Group, Inc. (3) 5,385

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
Wednesday
Account name Feb 9, 2011

Asset-backed securities holdings (1) 0
Other investments, net 686
Net portfolio holdings of TALF LLC 686

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) 106

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) 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 $4.3 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.

8. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Eliminations from Wednesday Change since
consolidation Feb 9, 2011 Wednesday Wednesday
Assets, liabilities, and capital Feb 2, 2011 Feb 10, 2010

Assets
Gold certificate account 11,037 0 0
Special drawing rights certificate account 5,200 0 0
Coin 2,309 - 12 + 86
Securities, repurchase agreements, term auction
credit, and other loans 2,298,900 + 28,430 + 254,260
Securities held outright (1) 2,276,788 + 28,921 + 358,383
U.S. Treasury securities 1,167,087 + 28,921 + 390,495
Bills (2) 18,423 0 0
Notes and bonds, nominal (2) 1,090,111 + 28,896 + 381,239
Notes and bonds, inflation-indexed (2) 52,366 0 + 8,589
Inflation compensation (3) 6,187 + 25 + 666
Federal agency debt securities (2) 144,624 0 - 20,324
Mortgage-backed securities (4) 965,077 0 - 11,788
Repurchase agreements (5) 0 0 0
Term auction credit 0 0 - 38,531
Other loans 22,112 - 491 - 65,592
Net portfolio holdings of Commercial Paper
Funding Facility LLC (6) 0 0 - 7,708
Net portfolio holdings of Maiden Lane LLC (7) 26,565 + 27 - 615
Net portfolio holdings of Maiden Lane II LLC (8) 16,038 + 4 + 558
Net portfolio holdings of Maiden Lane III LLC (9) 23,028 + 133 + 649
Net portfolio holdings of TALF LLC (10) 686 0 + 352
Preferred interests in AIA Aurora LLC and ALICO
Holdings LLC (11) 0 0 - 25,106
Items in process of collection (86) -57 - 622 - 532
Bank premises 2,216 0 - 23
Central bank liquidity swaps (12) 70 0 - 30
Other assets (13) 117,990 + 3,360 + 22,142

Total assets (86) 2,503,981 + 31,319 + 244,032

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
Eliminations from Wednesday Change since
consolidation Feb 9, 2011 Wednesday Wednesday
Assets, liabilities, and capital Feb 2, 2011 Feb 10, 2010

Liabilities
Federal Reserve notes, net of F.R. Bank holdings 947,260 + 5,639 + 58,168
Reverse repurchase agreements (14) 56,022 - 1,880 + 2,885
Deposits (0) 1,427,327 + 27,551 + 184,065
Term deposits held by depository institutions 0 0 0
Other deposits held by depository institutions 1,189,250 + 107,934 + 25,653
U.S. Treasury, general account 62,516 - 55,359 - 5,566
U.S. Treasury, supplementary financing account 174,967 - 24,996 + 169,967
Foreign official 118 - 12 - 2,671
Other (0) 477 - 15 - 3,317
Deferred availability cash items (86) 2,228 + 305 - 149
Other liabilities and accrued dividends (15) 18,122 - 282 - 1,135

Total liabilities (86) 2,450,959 + 31,332 + 243,833

Capital accounts
Capital paid in 26,511 - 7 + 834
Surplus 26,511 - 7 + 1,282
Other capital accounts 0 0 - 1,917

Total capital 53,022 - 13 + 199

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. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
6. Includes the book value of the commercial paper, net of amortized costs and related fees, and other
investments held by the Commercial Paper Funding Facility LLC.
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. As a result of the closing of the AIG recapitalization plan on January 14, 2011, the Federal Reserve Bank
of New York has been paid in full for its preferred interests in AIA Aurora LLC and ALICO Holdings LLC. A
portion of the preferred interests was redeemed by AIG with the funds from AIG asset dispositions that were
held as agent by the Federal Reserve.
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 the fair value adjustment to credit extended by the Federal Reserve Bank of New York (FRBNY) to
eligible borrowers through the Term Asset-Backed Securities Loan Facility. Before the closing of the AIG
recapitalization plan on January 14, 2011, included accrued dividends on the FRBNY's preferred interests in
AIA Aurora LLC and ALICO Holdings LLC.
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. Before the closing of the AIG recapitalization plan on January 14, 2011, included funds from
American International Group, Inc. asset dispositions, held as agent.

9. Statement of Condition of Each Federal Reserve Bank, February 9, 2011
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 11,037 369 4,038 404 463 846 1,385 887 324 203 296 652 1,170
Special drawing rights certificate acct. 5,200 196 1,818 210 237 412 654 424 150 90 153 282 574
Coin 2,309 50 75 176 177 378 202 349 36 63 167 248 387
Securities, repurchase agreements,
term auction credit, and other
loans 2,298,900 57,618 951,144 53,170 77,358 259,302 215,453 171,639 58,646 31,172 78,104 95,603 249,691
Securities held outright (1) 2,276,788 57,618 929,050 53,170 77,355 259,302 215,447 171,639 58,646 31,169 78,103 95,603 249,687
U.S. Treasury securities 1,167,087 29,535 476,233 27,255 39,653 132,919 110,439 87,982 30,062 15,977 40,036 49,007 127,990
Bills (2) 18,423 466 7,517 430 626 2,098 1,743 1,389 475 252 632 774 2,020
Notes and bonds (3) 1,148,664 29,069 468,716 26,825 39,027 130,820 108,695 86,594 29,588 15,725 39,404 48,233 125,970
Federal agency debt securities (2) 144,624 3,660 59,014 3,377 4,914 16,471 13,685 10,903 3,725 1,980 4,961 6,073 15,860
Mortgage-backed securities (4) 965,077 24,423 393,803 22,537 32,789 109,912 91,323 72,754 24,859 13,212 33,106 40,524 105,836
Repurchase agreements (5) 0 0 0 0 0 0 0 0 0 0 0 0 0
Term auction credit 0 0 0 0 0 0 0 0 0 0 0 0 0
Other loans 22,112 0 22,094 0 3 0 6 0 0 4 1 0 5
Net portfolio holdings of Commercial
Paper Funding Facility LLC (6) 0 0 0 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane LLC (7) 26,565 0 26,565 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane II LLC (8) 16,038 0 16,038 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane III LLC (9) 23,028 0 23,028 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of TALF LLC (10) 686 0 686 0 0 0 0 0 0 0 0 0 0
Preferred interests in AIA Aurora LLC
and ALICO Holdings LLC (11) 0 0 0 0 0 0 0 0 0 0 0 0 0
Items in process of collection 28 5 0 36 61 9 -230 47 9 22 28 24 19
Bank premises 2,216 126 255 68 140 239 217 207 136 107 264 246 213
Central bank liquidity swaps (12) 70 2 20 7 5 14 4 2 1 2 1 1 11
Other assets (13) 117,990 3,260 44,903 4,711 5,074 15,900 10,190 7,546 2,604 2,100 3,384 4,262 14,055
Interdistrict settlement account 0 - 10,682 + 266,068 + 42,201 - 29,369 - 54,951 - 61,651 - 37,351 - 19,792 - 5,957 - 24,499 - 5,587 - 58,431

Total assets 2,504,066 50,944 1,334,638 100,983 54,147 222,149 166,223 143,748 42,114 27,804 57,897 95,731 207,689

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, February 9, 2011 (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 1,116,383 41,273 380,476 45,889 46,107 90,194 140,070 85,734 32,203 19,753 33,017 75,451 126,216
Less: Notes held by F.R. Banks 169,123 4,942 52,731 5,293 8,862 13,039 22,439 12,073 4,090 5,484 3,807 10,555 25,809
Federal Reserve notes, net 947,260 36,332 327,745 40,596 37,245 77,154 117,631 73,661 28,112 14,269 29,210 64,896 100,408
Reverse repurchase agreements (14) 56,022 1,418 22,860 1,308 1,903 6,380 5,301 4,223 1,443 767 1,922 2,352 6,144
Deposits 1,427,327 11,073 954,974 53,393 10,381 126,809 39,501 63,826 11,838 10,550 25,883 27,270 91,829
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 1,189,250 11,051 717,178 53,389 10,378 126,683 39,499 63,802 11,784 10,545 25,881 27,269 91,791
U.S. Treasury, general account 62,516 0 62,516 0 0 0 0 0 0 0 0 0 0
U.S. Treasury, supplementary
financing account 174,967 0 174,967 0 0 0 0 0 0 0 0 0 0
Foreign official 118 1 89 4 3 8 2 1 0 1 0 1 6
Other 477 21 224 1 0 117 0 24 53 3 1 0 32
Deferred availability cash items 2,314 71 0 315 375 97 124 139 66 430 129 110 459
Interest on Federal Reserve notes due
to U.S. Treasury (15) 1,263 30 578 6 32 127 122 99 35 12 47 56 120
Other liabilities and accrued
dividends (16) 16,858 189 13,114 215 274 708 536 453 193 137 197 272 569

Total liabilities 2,451,045 49,112 1,319,270 95,834 50,211 211,276 163,217 142,401 41,687 26,165 57,388 94,956 199,528

Capital
Capital paid in 26,511 916 7,684 2,575 1,968 5,437 1,503 673 213 820 255 388 4,080
Surplus 26,511 916 7,684 2,575 1,968 5,437 1,503 673 213 820 255 388 4,080
Other capital 0 0 0 0 0 0 0 0 0 0 0 0 0

Total liabilities and capital 2,504,066 50,944 1,334,638 100,983 54,147 222,149 166,223 143,748 42,114 27,804 57,897 95,731 207,689

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, February 9, 2011 (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. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
6. Includes the book value of the commercial paper, net of amortized costs and related fees, and other investments held by the Commercial Paper Funding Facility LLC.
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. As a result of the closing of the AIG recapitalization plan on January 14, 2011, the Federal Reserve Bank of New York has been paid in full for its preferred interests in AIA Aurora LLC and ALICO
Holdings LLC. A portion of the preferred interests was redeemed by AIG with the funds from AIG asset dispositions that were held as agent by the Federal Reserve.
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 the fair value adjustment to credit extended by the Federal Reserve Bank of New York
(FRBNY) to eligible borrowers through the Term Asset-Backed Securities Loan Facility. Before the closing of the AIG recapitalization plan on January 14, 2011, included accrued dividends on the
FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC.
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. Before the closing of the AIG recapitalization plan on January 14,
2011, included funds from American International Group, Inc. asset dispositions, held as agent.

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
Wednesday
Federal Reserve notes and collateral Feb 9, 2011

Federal Reserve notes outstanding 1,116,383
Less: Notes held by F.R. Banks not subject to collateralization 169,123
Federal Reserve notes to be collateralized 947,260
Collateral held against Federal Reserve notes 947,260
Gold certificate account 11,037
Special drawing rights certificate account 5,200
U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2) 931,023
Other assets pledged 0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2) 2,276,788
Less: Face value of securities under reverse repurchase agreements 49,685
U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 2,227,103

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