FRB: H.4.1 Release--Factors Affecting Reserve Balances--February 17, 2011

FEDERAL RESERVE statistical release
H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
February 17, 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 16, 2011
Federal Reserve Banks Feb 16, 2011 Feb 9, 2011 Feb 17, 2010

Reserve Bank credit 2,492,008 + 22,580 + 227,857 2,492,199
Securities held outright (1) 2,286,934 + 23,426 + 319,878 2,293,150
U.S. Treasury securities 1,179,202 + 25,395 + 402,625 1,190,341
Bills (2) 18,423 0 0 18,423
Notes and bonds, nominal (2) 1,101,738 + 24,897 + 392,866 1,111,685
Notes and bonds, inflation-indexed (2) 52,793 + 427 + 9,016 53,863
Inflation compensation (3) 6,248 + 70 + 742 6,371
Federal agency debt securities (2) 144,550 - 74 - 21,351 144,365
Mortgage-backed securities (4) 963,182 - 1,895 - 61,395 958,444
Repurchase agreements (5) 0 0 0 0
Term auction credit 0 0 - 15,426 0
Other loans 22,094 - 313 - 65,637 22,078
Primary credit 21 - 27 - 14,242 21
Secondary credit 0 0 - 900 0
Seasonal credit 0 0 0 0
Credit extended to American International
Group, Inc., net (6) 0 0 - 25,524 0
Term Asset-Backed Securities Loan Facility (7) 22,073 - 286 - 24,970 22,058
Other credit extensions 0 0 0 0
Net portfolio holdings of Commercial Paper
Funding Facility LLC (8) 0 0 - 7,711 0
Net portfolio holdings of Maiden Lane LLC (9) 26,328 - 214 - 856 26,032
Net portfolio holdings of Maiden Lane II LLC (10) 16,038 + 3 + 557 16,043
Net portfolio holdings of Maiden Lane III LLC (11) 22,930 + 16 + 550 22,814
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 -1,623 + 79 + 266 -1,787
Central bank liquidity swaps (13) 70 0 + 56 70
Other Federal Reserve assets (14) 118,550 - 418 + 20,933 113,112
Gold stock 11,041 0 0 11,041
Special drawing rights certificate account 5,200 0 0 5,200
Treasury currency outstanding (15) 43,647 + 14 + 904 43,647

Total factors supplying reserve funds 2,551,896 + 22,594 + 228,761 2,552,087

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 16, 2011
Federal Reserve Banks Feb 16, 2011 Feb 9, 2011 Feb 17, 2010

Currency in circulation (15) 988,971 + 2,920 + 57,132 992,610
Reverse repurchase agreements (16) 58,241 - 1,258 + 3,449 57,826
Foreign official and international accounts 58,241 - 1,258 + 3,449 57,826
Others 0 0 0 0
Treasury cash holdings 179 0 - 27 181
Deposits with F.R. Banks, other than reserve balances 208,750 - 50,371 + 142,770 212,501
Term deposits held by depository institutions 5,070 + 5,070 + 5,070 5,070
U.S. Treasury, general account 46,423 - 34,794 - 57 54,561
U.S. Treasury, supplementary financing account 149,972 - 24,995 + 144,972 149,972
Foreign official 146 + 19 - 2,887 118
Service-related 2,327 - 25 - 420 2,327
Required clearing balances 2,327 - 25 - 420 2,327
Adjustments to compensate for float 0 0 0 0
Other 4,813 + 4,355 - 3,908 454
Funds from American International Group, Inc. asset
dispositions, held as agent (6) 0 0 0 0
Other liabilities and capital (17) 71,668 - 386 + 2,046 71,242

Total factors, other than reserve balances,
absorbing reserve funds 1,327,809 - 49,095 + 205,369 1,334,359

Reserve balances with Federal Reserve Banks 1,224,086 + 71,688 + 23,391 1,217,728

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 16, 2011
Memorandum item Feb 16, 2011 Feb 9, 2011 Feb 17, 2010

Marketable securities held in custody for foreign
official and international accounts (1) 3,383,952 + 20,850 + 424,989 3,393,071
U.S. Treasury securities 2,626,624 + 13,183 + 433,400 2,632,368
Federal agency securities (2) 757,328 + 7,667 - 8,411 760,703
Securities lent to dealers 18,693 + 25 + 13,242 18,972
Overnight facility (3) 18,693 + 25 + 13,242 18,972
U.S. Treasury securities 17,295 - 135 + 12,703 17,661
Federal agency debt securities 1,399 + 161 + 540 1,311

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 16, 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) 21 0 0 22,058 0 ... 22,078
U.S. Treasury securities (2)
Holdings 18,417 20,341 61,118 500,427 418,498 171,540 1,190,341
Weekly changes + 760 - 2,411 + 8,779 + 9,942 + 4,343 + 1,840 + 23,254
Federal agency debt securities (3)
Holdings 1,116 22,491 19,941 69,499 28,971 2,347 144,365
Weekly changes + 611 + 3,490 - 3,679 - 681 0 0 - 259
Mortgage-backed securities (4)
Holdings 0 0 0 22 22 958,400 958,444
Weekly changes 0 0 0 - 1 0 - 6,632 - 6,633
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) 57,826 0 ... ... ... ... 57,826
Term deposits 0 5,070 0 ... ... ... 5,070

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 16, 2011

Mortgage-backed securities held outright (1) 958,444

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 16, 2011

Net portfolio holdings of Maiden Lane LLC (1) 26,032

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2) 24,022
Accrued interest payable to the Federal Reserve Bank of New York (2) 642
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3) 1,323

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 16, 2011

Net portfolio holdings of Maiden Lane II LLC (1) 16,043

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) 473
Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc. (3) 1,076

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 16, 2011

Net portfolio holdings of Maiden Lane III LLC (1) 22,814

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2) 12,434
Accrued interest payable to the Federal Reserve Bank of New York (2) 567
Outstanding principal amount and accrued interest on loan payable to American International Group, Inc. (3) 5,388

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 16, 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 16, 2011 Wednesday Wednesday
Assets, liabilities, and capital Feb 9, 2011 Feb 17, 2010

Assets
Gold certificate account 11,037 0 0
Special drawing rights certificate account 5,200 0 0
Coin 2,289 - 20 + 97
Securities, repurchase agreements, term auction
credit, and other loans 2,315,229 + 16,329 + 244,331
Securities held outright (1) 2,293,150 + 16,362 + 325,451
U.S. Treasury securities 1,190,341 + 23,254 + 413,770
Bills (2) 18,423 0 0
Notes and bonds, nominal (2) 1,111,685 + 21,574 + 402,813
Notes and bonds, inflation-indexed (2) 53,863 + 1,497 + 10,086
Inflation compensation (3) 6,371 + 184 + 872
Federal agency debt securities (2) 144,365 - 259 - 21,222
Mortgage-backed securities (4) 958,444 - 6,633 - 67,097
Repurchase agreements (5) 0 0 0
Term auction credit 0 0 - 15,426
Other loans 22,078 - 34 - 65,696
Net portfolio holdings of Commercial Paper
Funding Facility LLC (6) 0 0 - 7,721
Net portfolio holdings of Maiden Lane LLC (7) 26,032 - 533 - 1,178
Net portfolio holdings of Maiden Lane II LLC (8) 16,043 + 5 + 556
Net portfolio holdings of Maiden Lane III LLC (9) 22,814 - 214 + 422
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 (99) 191 + 248 + 129
Bank premises 2,217 + 1 - 24
Central bank liquidity swaps (12) 70 0 + 70
Other assets (13) 110,899 - 7,091 + 19,828

Total assets (99) 2,512,708 + 8,727 + 231,756

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 16, 2011 Wednesday Wednesday
Assets, liabilities, and capital Feb 9, 2011 Feb 17, 2010

Liabilities
Federal Reserve notes, net of F.R. Bank holdings 951,429 + 4,169 + 58,444
Reverse repurchase agreements (14) 57,826 + 1,804 + 2,938
Deposits (0) 1,430,234 + 2,907 + 166,906
Term deposits held by depository institutions 5,070 + 5,070 + 5,070
Other deposits held by depository institutions 1,220,060 + 30,810 + 14,895
U.S. Treasury, general account 54,561 - 7,955 + 4,859
U.S. Treasury, supplementary financing account 149,972 - 24,995 + 144,972
Foreign official 118 0 - 2,952
Other (0) 454 - 23 + 63
Deferred availability cash items (99) 1,978 - 250 - 1,229
Other liabilities and accrued dividends (15) 18,217 + 95 + 4,199

Total liabilities (99) 2,459,684 + 8,725 + 231,259

Capital accounts
Capital paid in 26,512 + 1 + 747
Surplus 26,512 + 1 + 1,289
Other capital accounts 0 0 - 1,539

Total capital 53,024 + 2 + 497

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 16, 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 2,289 50 75 176 175 376 197 348 34 63 165 245 384
Securities, repurchase agreements,
term auction credit, and other
loans 2,315,229 58,032 957,784 53,552 77,911 261,165 217,000 172,873 59,067 31,397 78,664 96,290 251,492
Securities held outright (1) 2,293,150 58,032 935,727 53,552 77,911 261,165 216,995 172,872 59,067 31,393 78,664 96,290 251,481
U.S. Treasury securities 1,190,341 30,124 485,722 27,798 40,443 135,567 112,639 89,735 30,661 16,296 40,834 49,983 130,540
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) 1,171,919 29,657 478,205 27,368 39,817 133,469 110,896 88,347 30,187 16,043 40,202 49,209 128,520
Federal agency debt securities (2) 144,365 3,653 58,909 3,371 4,905 16,442 13,661 10,883 3,719 1,976 4,952 6,062 15,832
Mortgage-backed securities (4) 958,444 24,255 391,096 22,382 32,564 109,156 90,695 72,254 24,688 13,121 32,879 40,246 105,109
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 22,078 0 22,058 0 0 0 5 1 0 4 0 0 11
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) 26,032 0 26,032 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane II LLC (8) 16,043 0 16,043 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane III LLC (9) 22,814 0 22,814 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 290 6 0 58 84 8 15 22 9 27 17 26 17
Bank premises 2,217 126 255 68 140 239 217 208 136 107 264 246 213
Central bank liquidity swaps (12) 70 2 20 7 5 14 4 2 1 2 1 1 11
Other assets (13) 110,899 3,079 42,062 4,527 4,820 15,067 9,510 7,022 2,429 1,995 3,149 3,974 13,266
Interdistrict settlement account 0 - 9,012 + 245,900 + 45,917 - 24,826 - 69,687 - 60,638 - 42,632 - 20,145 - 5,489 - 23,884 - 5,842 - 29,663

Total assets 2,512,807 52,848 1,317,528 104,919 59,010 208,442 168,344 139,155 42,004 28,395 58,825 95,875 237,463

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 16, 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 1,115,445 41,303 379,804 46,074 46,151 90,362 139,722 85,672 32,178 19,736 32,994 75,322 126,126
Less: Notes held by F.R. Banks 164,016 5,007 49,255 5,135 8,645 12,684 22,413 11,833 3,838 5,423 3,631 10,589 25,563
Federal Reserve notes, net 951,429 36,296 330,550 40,939 37,506 77,678 117,309 73,839 28,340 14,314 29,363 64,733 100,563
Reverse repurchase agreements (14) 57,826 1,463 23,596 1,350 1,965 6,586 5,472 4,359 1,489 792 1,984 2,428 6,342
Deposits 1,430,234 12,973 934,274 56,991 14,973 112,395 41,778 58,935 11,454 11,050 26,602 27,498 121,309
Term deposits held by depository
institutions 5,070 14 2,651 800 10 515 0 293 50 16 3 0 719
Other deposits held by depository
institutions 1,220,060 12,955 726,767 56,187 14,959 111,770 41,776 58,617 11,351 11,030 26,598 27,498 120,552
U.S. Treasury, general account 54,561 0 54,561 0 0 0 0 0 0 0 0 0 0
U.S. Treasury, supplementary
financing account 149,972 0 149,972 0 0 0 0 0 0 0 0 0 0
Foreign official 118 1 90 4 3 8 2 1 0 1 0 1 6
Other 454 3 233 0 1 102 0 24 53 3 1 0 32
Deferred availability cash items 2,077 64 7 262 323 81 110 112 61 450 117 102 388
Interest on Federal Reserve notes due
to U.S. Treasury (15) 830 21 234 5 24 90 115 104 33 9 43 50 102
Other liabilities and accrued
dividends (16) 17,388 198 13,485 221 284 739 556 471 200 141 207 286 599

Total liabilities 2,459,782 51,016 1,302,145 99,769 55,074 197,568 165,340 137,820 41,578 26,755 58,315 95,098 229,303

Capital
Capital paid in 26,512 916 7,692 2,575 1,968 5,437 1,502 667 213 820 255 388 4,080
Surplus 26,512 916 7,692 2,575 1,968 5,437 1,502 667 213 820 255 388 4,080
Other capital 0 0 0 0 0 0 0 0 0 0 0 0 0

Total liabilities and capital 2,512,807 52,848 1,317,528 104,919 59,010 208,442 168,344 139,155 42,004 28,395 58,825 95,875 237,463

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 16, 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 16, 2011

Federal Reserve notes outstanding 1,115,445
Less: Notes held by F.R. Banks not subject to collateralization 164,016
Federal Reserve notes to be collateralized 951,429
Collateral held against Federal Reserve notes 951,429
Gold certificate account 11,037
Special drawing rights certificate account 5,200
U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2) 935,192
Other assets pledged 0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2) 2,293,150
Less: Face value of securities under reverse repurchase agreements 51,406
U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 2,241,744

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