FRB: H.4.1 Release--Factors Affecting Reserve Balances--October 6, 2011

FEDERAL RESERVE statistical release
H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
October 6, 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 Oct 5, 2011
Federal Reserve Banks Oct 5, 2011 Sep 28, 2011 Oct 6, 2010

Reserve Bank credit 2,835,674 - 2,681 + 551,117 2,842,830
Securities held outright (1) 2,645,193 - 2,333 + 598,245 2,650,936
U.S. Treasury securities 1,666,041 + 2,441 + 851,737 1,671,784
Bills (2) 18,423 0 0 18,423
Notes and bonds, nominal (2) 1,570,406 + 1,608 + 822,337 1,576,077
Notes and bonds, inflation-indexed (2) 67,548 + 723 + 25,230 67,597
Inflation compensation (3) 9,665 + 112 + 4,172 9,688
Federal agency debt securities (2) 108,268 0 - 45,837 108,268
Mortgage-backed securities (4) 870,883 - 4,776 - 207,656 870,883
Repurchase agreements (5) 0 0 0 0
Loans 11,406 - 45 - 37,747 11,396
Primary credit 26 - 3 - 63 29
Secondary credit 0 0 0 0
Seasonal credit 76 - 13 + 11 63
Credit extended to American International
Group, Inc., net (6) 0 0 - 19,497 0
Term Asset-Backed Securities Loan Facility (7) 11,303 - 30 - 18,198 11,303
Other credit extensions 0 0 0 0
Net portfolio holdings of Maiden Lane LLC (8) 15,486 + 2 - 12,992 15,485
Net portfolio holdings of Maiden Lane II LLC (9) 9,957 - 12 - 5,890 9,852
Net portfolio holdings of Maiden Lane III LLC (10) 21,181 + 16 - 1,822 21,235
Net portfolio holdings of TALF LLC (11) 785 0 + 184 785
Preferred interests in AIA Aurora LLC and ALICO
Holdings LLC (6) 0 0 - 26,057 0
Float -1,051 - 97 + 660 -1,254
Central bank liquidity swaps (12) 500 0 + 439 500
Other Federal Reserve assets (13) 132,217 - 211 + 36,096 133,895
Gold stock 11,041 0 0 11,041
Special drawing rights certificate account 5,200 0 0 5,200
Treasury currency outstanding (14) 44,135 + 14 + 722 44,135

Total factors supplying reserve funds 2,896,050 - 2,666 + 551,839 2,903,205

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 Oct 5, 2011
Federal Reserve Banks Oct 5, 2011 Sep 28, 2011 Oct 6, 2010

Currency in circulation (14) 1,038,966 + 3,196 + 82,745 1,042,420
Reverse repurchase agreements (15) 84,097 + 218 + 20,103 82,828
Foreign official and international accounts 84,097 + 218 + 20,103 82,828
Others 0 0 0 0
Treasury cash holdings 125 + 11 - 110 130
Deposits with F.R. Banks, other than reserve balances 97,537 - 33,168 - 168,246 83,282
Term deposits held by depository institutions 5,077 0 + 2,958 5,077
U.S. Treasury, General Account 43,655 - 12,063 - 14,470 31,623
U.S. Treasury, Supplementary Financing Account 0 0 - 199,962 0
Foreign official 1,570 + 1,068 - 614 219
Service-related 2,514 - 1 + 107 2,514
Required clearing balances 2,514 - 1 + 107 2,514
Adjustments to compensate for float 0 0 0 0
Other 44,722 - 22,170 + 43,735 43,850
Funds from American International Group, Inc. asset
dispositions, held as agent (6) 0 0 0 0
Other liabilities and capital (16) 70,935 - 425 - 1,712 70,453

Total factors, other than reserve balances,
absorbing reserve funds 1,291,660 - 30,168 - 67,220 1,279,113

Reserve balances with Federal Reserve Banks 1,604,390 + 27,502 + 619,059 1,624,092

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. 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 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.
14. Estimated.
15. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt
securities, and mortgage-backed securities.
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
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 Oct 5, 2011
Memorandum item Oct 5, 2011 Sep 28, 2011 Oct 6, 2010

Marketable securities held in custody for foreign
official and international accounts (1) 3,424,622 - 11,396 + 173,517 3,418,465
U.S. Treasury securities 2,700,942 - 3,882 + 201,192 2,696,710
Federal agency securities (2) 723,680 - 7,514 - 27,675 721,755
Securities lent to dealers 14,616 + 3,271 + 5,068 11,198
Overnight facility (3) 14,616 + 3,271 + 5,068 11,198
U.S. Treasury securities 13,686 + 3,091 + 5,716 10,219
Federal agency debt securities 930 + 180 - 648 979

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, October 5, 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

Loans (1) 35 57 3,965 7,338 0 ... 11,396
U.S. Treasury securities (2)
Holdings 14,641 23,926 130,712 717,655 583,799 201,050 1,671,784
Weekly changes - 1,268 + 1,049 + 1,600 + 3,121 + 109 + 2,517 + 7,129
Federal agency debt securities (3)
Holdings 600 3,674 20,589 62,913 18,145 2,347 108,268
Weekly changes + 600 + 102 - 702 0 0 0 0
Mortgage-backed securities (4)
Holdings 0 0 0 13 22 870,848 870,883
Weekly changes 0 0 0 - 1 0 0 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) 500 0 0 0 0 0 500

Reverse repurchase agreements (6) 82,828 0 ... ... ... ... 82,828
Term deposits 5,077 0 0 ... ... ... 5,077

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
Wednesday
Account name Oct 5, 2011

Mortgage-backed securities held outright (1) 870,883

Commitments to buy mortgage-backed securities (2) 3,950
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 Oct 5, 2011

Net portfolio holdings of Maiden Lane LLC (1) 15,485

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2) 12,212
Accrued interest payable to the Federal Reserve Bank of New York (2) 739
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3) 1,368

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, 2011. 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 Oct 5, 2011

Net portfolio holdings of Maiden Lane II LLC (1) 9,852

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2) 6,507
Accrued interest payable to the Federal Reserve Bank of New York (2) 548
Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc. (3) 1,098

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, 2011. 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 Oct 5, 2011

Net portfolio holdings of Maiden Lane III LLC (1) 21,235

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2) 10,221
Accrued interest payable to the Federal Reserve Bank of New York (2) 661
Outstanding principal amount and accrued interest on loan payable to American International Group, Inc. (3) 5,499

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 Oct 5, 2011

Asset-backed securities holdings (1) 0
Other investments, net 785
Net portfolio holdings of TALF LLC 785

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) 109

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 Oct 5, 2011 Wednesday Wednesday
Assets, liabilities, and capital Sep 28, 2011 Oct 6, 2010

Assets
Gold certificate account 11,037 0 0
Special drawing rights certificate account 5,200 0 0
Coin 2,257 + 13 + 143
Securities, repurchase agreements, and loans 2,662,332 + 7,064 + 561,133
Securities held outright (1) 2,650,936 + 7,130 + 599,220
U.S. Treasury securities 1,671,784 + 7,129 + 852,712
Bills (2) 18,423 0 0
Notes and bonds, nominal (2) 1,576,077 + 6,748 + 823,245
Notes and bonds, inflation-indexed (2) 67,597 + 343 + 25,279
Inflation compensation (3) 9,688 + 39 + 4,189
Federal agency debt securities (2) 108,268 0 - 45,837
Mortgage-backed securities (4) 870,883 0 - 207,656
Repurchase agreements (5) 0 0 0
Loans 11,396 - 66 - 38,087
Net portfolio holdings of Maiden Lane LLC (6) 15,485 - 21 - 13,025
Net portfolio holdings of Maiden Lane II LLC (7) 9,852 - 147 - 5,822
Net portfolio holdings of Maiden Lane III LLC (8) 21,235 + 65 - 1,547
Net portfolio holdings of TALF LLC (9) 785 0 + 184
Preferred interests in AIA Aurora LLC and ALICO
Holdings LLC (10) 0 0 - 26,057
Items in process of collection (122) 263 - 17 - 200
Bank premises 2,181 - 4 - 41
Central bank liquidity swaps (11) 500 0 + 439
Other assets (12) 131,705 + 1,647 + 36,392

Total assets (122) 2,862,832 + 8,599 + 551,601

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 Oct 5, 2011 Wednesday Wednesday
Assets, liabilities, and capital Sep 28, 2011 Oct 6, 2010

Liabilities
Federal Reserve notes, net of F.R. Bank holdings 1,000,668 + 4,348 + 82,059
Reverse repurchase agreements (13) 82,828 + 13 + 18,388
Deposits (0) 1,707,365 + 4,249 + 453,952
Term deposits held by depository institutions 5,077 0 + 2,958
Other deposits held by depository institutions 1,626,597 + 17,601 + 626,583
U.S. Treasury, General Account 31,623 - 13,319 - 17,907
U.S. Treasury, Supplementary Financing Account 0 0 - 199,962
Foreign official 219 - 6 - 1,126
Other (0) 43,850 - 26 + 43,406
Deferred availability cash items (122) 1,517 + 214 - 1,081
Other liabilities and accrued dividends (14) 18,420 - 249 + 3,391

Total liabilities (122) 2,810,799 + 8,575 + 556,710

Capital accounts
Capital paid in 26,016 + 12 - 671
Surplus 26,016 + 12 + 135
Other capital accounts 0 0 - 4,575

Total capital 52,033 + 25 - 5,109

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. Refer to table 4 and the note on consolidation accompanying table 9.
7. Refer to table 5 and the note on consolidation accompanying table 9.
8. Refer to table 6 and the note on consolidation accompanying table 9.
9. Refer to table 7 and the note on consolidation accompanying table 9.
10. 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.
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. 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.
13. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt
securities, and mortgage-backed securities.
14. 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, October 5, 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 11,037 390 3,866 432 450 872 1,394 854 319 197 318 728 1,217
Special drawing rights certificate acct. 5,200 196 1,818 210 237 412 654 424 150 90 153 282 574
Coin 2,257 56 82 163 160 384 209 336 34 57 169 238 370
Securities, repurchase agreements,
and loans 2,662,332 65,177 1,244,102 90,811 71,607 306,156 197,090 157,457 50,186 40,763 70,532 104,846 263,605
Securities held outright (1) 2,650,936 65,177 1,232,799 90,811 71,607 306,156 197,077 157,427 50,174 40,741 70,516 104,845 263,605
U.S. Treasury securities 1,671,784 41,103 777,451 57,269 45,158 193,074 124,285 99,280 31,642 25,693 44,470 66,119 166,240
Bills (2) 18,423 453 8,567 631 498 2,128 1,370 1,094 349 283 490 729 1,832
Notes and bonds (3) 1,653,362 40,650 768,884 56,638 44,661 190,946 122,915 98,186 31,293 25,410 43,980 65,391 164,408
Federal agency debt securities (2) 108,268 2,662 50,349 3,709 2,925 12,504 8,049 6,430 2,049 1,664 2,880 4,282 10,766
Mortgage-backed securities (4) 870,883 21,412 404,998 29,833 23,524 100,578 64,744 51,718 16,483 13,384 23,166 34,444 86,599
Repurchase agreements (5) 0 0 0 0 0 0 0 0 0 0 0 0 0
Loans 11,396 0 11,303 0 0 0 12 30 12 22 16 1 0
Net portfolio holdings of Maiden
Lane LLC (6) 15,485 0 15,485 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane II LLC (7) 9,852 0 9,852 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane III LLC (8) 21,235 0 21,235 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of TALF LLC (9) 785 0 785 0 0 0 0 0 0 0 0 0 0
Preferred interests in AIA Aurora LLC
and ALICO Holdings LLC (10) 0 0 0 0 0 0 0 0 0 0 0 0 0
Items in process of collection 385 41 0 45 118 7 18 40 7 11 16 18 66
Bank premises 2,181 123 255 67 126 234 214 205 134 106 260 246 212
Central bank liquidity swaps (11) 500 17 145 48 37 103 29 13 4 15 5 8 77
Other assets (12) 131,705 3,527 56,405 6,173 4,815 17,645 9,372 6,912 2,240 2,474 3,047 4,584 14,512
Interdistrict settlement account 0 + 7,107 + 261,481 - 14,236 - 2,004 - 134,900 - 34,623 - 13,553 - 8,246 - 17,106 - 16,693 + 393 - 27,621

Total assets 2,862,954 76,633 1,615,510 83,714 75,547 190,913 174,356 152,688 44,828 26,606 57,806 111,342 253,011

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

9. Statement of Condition of Each Federal Reserve Bank, October 5, 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 1,167,703 43,194 389,168 46,444 54,901 95,453 146,404 90,457 33,913 20,878 34,119 77,879 134,894
Less: Notes held by F.R. Banks 167,035 5,664 45,460 6,959 8,666 11,877 26,310 12,995 4,339 5,506 3,608 10,886 24,765
Federal Reserve notes, net 1,000,668 37,530 343,708 39,485 46,235 83,576 120,093 77,463 29,574 15,372 30,511 66,992 110,129
Reverse repurchase agreements (13) 82,828 2,036 38,519 2,837 2,237 9,566 6,158 4,919 1,568 1,273 2,203 3,276 8,236
Deposits 1,707,365 34,861 1,203,370 36,042 22,631 85,759 44,517 68,220 12,975 9,344 24,287 39,885 125,474
Term deposits held by depository
institutions 5,077 20 1,270 605 0 2,015 0 555 0 60 1 6 545
Other deposits held by depository
institutions 1,626,597 34,819 1,126,706 35,433 22,628 83,533 44,515 67,637 12,966 9,281 24,284 39,878 124,917
U.S. Treasury, General Account 31,623 0 31,623 0 0 0 0 0 0 0 0 0 0
U.S. Treasury, Supplementary
Financing Account 0 0 0 0 0 0 0 0 0 0 0 0 0
Foreign official 219 1 190 4 3 8 2 1 0 1 0 1 6
Other 43,850 21 43,581 0 0 203 0 28 8 2 1 0 6
Deferred availability cash items 1,639 109 0 260 203 53 94 122 64 245 82 86 321
Interest on Federal Reserve notes due
to U.S. Treasury (14) 1,058 14 554 10 6 96 114 60 24 17 35 49 78
Other liabilities and accrued
dividends (15) 17,363 197 13,762 265 271 740 448 382 173 136 169 266 554

Total liabilities 2,810,921 74,748 1,599,912 78,899 71,582 179,789 171,424 151,166 44,377 26,387 57,287 110,555 244,793

Capital
Capital paid in 26,016 943 7,799 2,407 1,982 5,562 1,466 761 225 109 259 393 4,109
Surplus 26,016 943 7,799 2,407 1,982 5,562 1,466 761 225 109 259 393 4,109
Other capital 0 0 0 0 0 0 0 0 0 0 0 0 0

Total liabilities and capital 2,862,954 76,633 1,615,510 83,714 75,547 190,913 174,356 152,688 44,828 26,606 57,806 111,342 253,011

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

9. Statement of Condition of Each Federal Reserve Bank, October 5, 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. Refer to table 4 and the note on consolidation below.
7. Refer to table 5 and the note on consolidation below.
8. Refer to table 6 and the note on consolidation below.
9. Refer to table 7 and the note on consolidation below.
10. 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.
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. 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.
13. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.
14. 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.
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 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 Oct 5, 2011

Federal Reserve notes outstanding 1,167,703
Less: Notes held by F.R. Banks not subject to collateralization 167,035
Federal Reserve notes to be collateralized 1,000,668
Collateral held against Federal Reserve notes 1,000,668
Gold certificate account 11,037
Special drawing rights certificate account 5,200
U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2) 984,431
Other assets pledged 0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2) 2,650,936
Less: Face value of securities under reverse repurchase agreements 71,429
U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 2,579,507

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