FRB: H.4.1 Release--Factors Affecting Reserve Balances--April 26, 2012

For release at
4:30 P.M. EDT
April 26, 2012

The weekly average values, shown in table 1, reflect the March 31, 2012, quarterly updates to the fair
values of the net portfolio holdings of Maiden Lane LLC, Maiden Lane II LLC, and Maiden Lane
III LLC, and the fair value adjustment of the Term Asset-Backed Securities Loan Facility, or TALF,
which is included in "Other Federal Reserve assets." The amounts for the first six days of this
reporting week are based on the values as of December 31, 2011, and the amounts for the last day of
the reporting week are based on the values as of March 31, 2012.

FEDERAL RESERVE statistical release
H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
April 26, 2012

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 Apr 25, 2012
Federal Reserve Banks Apr 25, 2012 Apr 18, 2012 Apr 27, 2011

Reserve Bank credit 2,860,435 - 5,495 + 188,601 2,849,380
Securities held outright (1) 2,622,690 - 7,647 + 157,761 2,610,134
U.S. Treasury securities 1,667,044 - 7,958 + 260,490 1,667,766
Bills (2) 18,423 0 0 18,423
Notes and bonds, nominal (2) 1,572,232 - 7,065 + 249,077 1,572,925
Notes and bonds, inflation-indexed (2) 67,236 - 867 + 9,171 67,236
Inflation compensation (3) 9,154 - 25 + 2,242 9,183
Federal agency debt securities (2) 94,661 - 722 - 33,149 94,571
Mortgage-backed securities (4) 860,985 + 1,033 - 69,580 847,796
Repurchase agreements (5) 0 0 0 0
Loans 6,626 - 335 - 10,581 6,575
Primary credit 8 + 2 - 1 11
Secondary credit 0 0 0 0
Seasonal credit 11 + 3 - 1 12
Term Asset-Backed Securities Loan Facility (6) 6,608 - 339 - 10,578 6,553
Other credit extensions 0 0 0 0
Net portfolio holdings of Maiden Lane LLC (7) 4,058 - 177 - 20,318 4,170
Net portfolio holdings of Maiden Lane II LLC (8) 19 0 - 15,949 19
Net portfolio holdings of Maiden Lane III LLC (9) 17,655 + 324 - 5,602 19,805
Net portfolio holdings of TALF LLC (10) 835 + 4 + 102 836
Float -606 + 243 + 356 -804
Central bank liquidity swaps (11) 31,971 - 400 + 31,971 31,971
Other Federal Reserve assets (12) 177,186 + 2,492 + 50,862 176,674
Gold stock 11,041 0 0 11,041
Special drawing rights certificate account 5,200 0 0 5,200
Treasury currency outstanding (13) 44,401 + 14 + 552 44,401

Total factors supplying reserve funds 2,921,077 - 5,481 + 189,153 2,910,023

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 Apr 25, 2012
Federal Reserve Banks Apr 25, 2012 Apr 18, 2012 Apr 27, 2011

Currency in circulation (13) 1,099,273 - 887 + 88,031 1,100,340
Reverse repurchase agreements (14) 89,365 - 1,476 + 32,554 92,447
Foreign official and international accounts 89,365 - 1,476 + 32,554 92,447
Others 0 0 0 0
Treasury cash holdings 141 + 2 - 47 140
Deposits with F.R. Banks, other than reserve balances 117,961 + 22,061 - 494 116,639
Term deposits held by depository institutions 0 - 3,057 - 5,081 0
U.S. Treasury, General Account 78,498 + 25,071 - 25,654 102,592
U.S. Treasury, Supplementary Financing Account 0 0 - 5,000 0
Foreign official 130 - 33 - 7 128
Service-related 1,929 - 1 - 617 1,929
Required clearing balances 1,929 - 1 - 617 1,929
Adjustments to compensate for float 0 0 0 0
Other 37,404 + 81 + 35,865 11,990
Other liabilities and capital (15) 74,997 - 1,345 + 1,269 76,086

Total factors, other than reserve balances,
absorbing reserve funds 1,381,737 + 18,355 + 121,314 1,385,652

Reserve balances with Federal Reserve Banks 1,539,340 - 23,836 + 67,839 1,524,371

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. Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the Term
Asset-Backed Securities Loan Facility.
7. Refer to table 4 and the note on consolidation accompanying table 9.
8. Refer to table 5 and the note on consolidation accompanying table 9.
9. Refer to table 6 and the note on consolidation accompanying table 9.
10. Refer to table 7 and the note on consolidation accompanying table 9.
11. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when
the foreign currency is returned to the foreign central bank. This exchange rate equals the market
exchange rate used when the foreign currency was acquired from the foreign central bank.
12. 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.
13. Estimated.
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. 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 Apr 25, 2012
Memorandum item Apr 25, 2012 Apr 18, 2012 Apr 27, 2011

Marketable securities held in custody for foreign
official and international accounts (1) 3,482,371 - 8,986 + 46,722 3,489,459
U.S. Treasury securities 2,765,981 - 4,443 + 90,796 2,772,244
Federal agency securities (2) 716,390 - 4,543 - 44,074 717,215
Securities lent to dealers 13,557 - 645 + 3,454 13,949
Overnight facility (3) 13,557 - 645 + 3,454 13,949
U.S. Treasury securities 12,797 - 588 + 3,491 13,291
Federal agency debt securities 759 - 58 - 38 658

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, April 25, 2012
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) 20 711 3,849 1,995 0 ... 6,575
U.S. Treasury securities (2)
Holdings 15,227 16,654 49,600 549,453 739,042 297,790 1,667,766
Weekly changes - 2,504 + 2,504 0 - 17,249 + 9,327 + 3,547 - 4,375
Federal agency debt securities (3)
Holdings 0 3,542 18,976 60,224 9,482 2,347 94,571
Weekly changes - 629 0 0 0 0 0 - 629
Mortgage-backed securities (4)
Holdings 0 0 2 8 99 847,687 847,796
Weekly changes 0 0 0 - 1 - 2 - 7,562 - 7,565
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) 11,046 20,925 0 0 0 0 31,971

Reverse repurchase agreements (6) 92,447 0 ... ... ... ... 92,447
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
Millions of dollars
Wednesday
Account name Apr 25, 2012

Mortgage-backed securities held outright (1) 847,796

Commitments to buy mortgage-backed securities (2) 32,073
Commitments to sell mortgage-backed securities (2) 0

Cash and cash equivalents (3) 71

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 Apr 25, 2012

Net portfolio holdings of Maiden Lane LLC (1) 4,170

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2) 707
Accrued interest payable to the Federal Reserve Bank of New York (2) 764
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3) 1,408

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
March 31, 2012. 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 Apr 25, 2012

Net portfolio holdings of Maiden Lane II LLC (1) 19

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2) 0
Accrued interest payable to the Federal Reserve Bank of New York (2) 0
Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc. (3) 0

1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of
March 31, 2012. 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 Apr 25, 2012

Net portfolio holdings of Maiden Lane III LLC (1) 19,805

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2) 7,972
Accrued interest payable to the Federal Reserve Bank of New York (2) 729
Outstanding principal amount and accrued interest on loan payable to American International Group, Inc. (3) 5,599

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 Apr 25, 2012

Asset-backed securities holdings (1) 0
Other investments, net 836
Net portfolio holdings of TALF LLC 836

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) 111

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 Apr 25, 2012 Wednesday Wednesday
Assets, liabilities, and capital Apr 18, 2012 Apr 27, 2011

Assets
Gold certificate account 11,037 0 0
Special drawing rights certificate account 5,200 0 0
Coin 2,233 - 8 + 16
Securities, repurchase agreements, and loans 2,616,709 - 12,942 + 133,237
Securities held outright (1) 2,610,134 - 12,568 + 143,460
U.S. Treasury securities 1,667,766 - 4,375 + 254,299
Bills (2) 18,423 0 0
Notes and bonds, nominal (2) 1,572,925 - 4,453 + 242,885
Notes and bonds, inflation-indexed (2) 67,236 0 + 9,171
Inflation compensation (3) 9,183 + 79 + 2,243
Federal agency debt securities (2) 94,571 - 629 - 31,615
Mortgage-backed securities (4) 847,796 - 7,565 - 79,225
Repurchase agreements (5) 0 0 0
Loans 6,575 - 374 - 10,223
Net portfolio holdings of Maiden Lane LLC (6) 4,170 + 131 - 20,593
Net portfolio holdings of Maiden Lane II LLC (7) 19 0 - 16,522
Net portfolio holdings of Maiden Lane III LLC (8) 19,805 + 2,508 - 4,758
Net portfolio holdings of TALF LLC (9) 836 + 5 + 103
Items in process of collection (113) 214 - 63 + 76
Bank premises 2,353 - 1 + 136
Central bank liquidity swaps (10) 31,971 - 400 + 31,971
Other assets (11) 174,341 + 1,822 + 50,077

Total assets (113) 2,868,889 - 8,946 + 173,745

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 Apr 25, 2012 Wednesday Wednesday
Assets, liabilities, and capital Apr 18, 2012 Apr 27, 2011

Liabilities
Federal Reserve notes, net of F.R. Bank holdings 1,058,308 - 242 + 85,956
Reverse repurchase agreements (12) 92,447 + 1,079 + 35,416
Deposits (0) 1,641,029 - 12,246 + 51,950
Term deposits held by depository institutions 0 - 3,057 - 5,081
Other deposits held by depository institutions 1,526,319 + 11,019 + 74,131
U.S. Treasury, General Account 102,592 - 501 - 23,593
U.S. Treasury, Supplementary Financing Account 0 0 - 5,000
Foreign official 128 + 1 - 64
Other (0) 11,990 - 19,708 + 11,557
Deferred availability cash items (113) 1,018 - 127 - 591
Other liabilities and accrued dividends (13) 21,624 + 2,586 - 879

Total liabilities (113) 2,814,426 - 8,950 + 171,853

Capital accounts
Capital paid in 27,231 + 2 + 946
Surplus 27,231 + 2 + 946
Other capital accounts 0 0 0

Total capital 54,463 + 4 + 1,892

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. 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.
11. 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.
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt
securities, and mortgage-backed securities.
13. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to
entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only to
the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation
accompanying table 9. Also includes the liability for interest on Federal Reserve notes due to U.S.
Treasury.

9. Statement of Condition of Each Federal Reserve Bank, April 25, 2012
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 11,037 408 3,824 437 515 890 1,337 839 313 192 315 725 1,242
Special drawing rights certificate acct. 5,200 196 1,818 210 237 412 654 424 150 90 153 282 574
Coin 2,233 52 108 155 157 399 201 324 35 59 167 209 368
Securities, repurchase agreements,
and loans 2,616,709 63,397 1,469,936 86,285 66,361 185,767 157,379 144,805 40,808 23,730 52,440 101,420 224,379
Securities held outright (1) 2,610,134 63,395 1,463,383 86,285 66,361 185,767 157,373 144,799 40,807 23,729 52,439 101,417 224,379
U.S. Treasury securities 1,667,766 40,507 935,041 55,133 42,402 118,697 100,555 92,520 26,074 15,162 33,506 64,801 143,369
Bills (2) 18,423 447 10,329 609 468 1,311 1,111 1,022 288 167 370 716 1,584
Notes and bonds (3) 1,649,344 40,059 924,712 54,524 41,934 117,386 99,444 91,498 25,786 14,994 33,136 64,086 141,785
Federal agency debt securities (2) 94,571 2,297 53,022 3,126 2,404 6,731 5,702 5,246 1,479 860 1,900 3,675 8,130
Mortgage-backed securities (4) 847,796 20,591 475,321 28,026 21,555 60,339 51,116 47,032 13,254 7,707 17,033 32,941 72,880
Repurchase agreements (5) 0 0 0 0 0 0 0 0 0 0 0 0 0
Loans 6,575 2 6,553 0 0 0 6 6 2 2 1 3 0
Net portfolio holdings of Maiden
Lane LLC (6) 4,170 0 4,170 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane II LLC (7) 19 0 19 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane III LLC (8) 19,805 0 19,805 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of TALF LLC (9) 836 0 836 0 0 0 0 0 0 0 0 0 0
Items in process of collection 327 11 0 85 68 5 53 13 4 6 3 16 62
Bank premises 2,353 122 446 66 124 230 212 203 133 105 257 243 212
Central bank liquidity swaps (10) 31,971 1,121 10,313 2,773 2,364 6,613 1,828 853 261 130 318 512 4,884
Other assets (11) 174,341 4,542 91,234 7,154 5,685 16,025 10,471 8,923 2,573 1,510 3,262 6,271 16,693
Interdistrict settlement account 0 + 3,477 - 316 + 10,421 + 285 - 8,721 + 726 - 516 + 2,210 + 1,745 + 261 + 1,680 - 11,251

Total assets 2,869,002 73,326 1,602,193 107,588 75,795 201,619 172,860 155,868 46,488 27,567 57,176 111,359 237,163

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, April 25, 2012 (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 1,242,501 47,254 434,101 47,924 60,447 102,147 146,942 94,780 35,412 22,903 37,508 78,226 134,858
Less: Notes held by F.R. Banks 184,194 4,655 66,331 5,736 7,858 11,880 26,970 12,605 4,343 4,234 4,043 11,497 24,042
Federal Reserve notes, net 1,058,308 42,598 367,770 42,187 52,589 90,267 119,972 82,175 31,070 18,669 33,465 66,729 110,815
Reverse repurchase agreements (12) 92,447 2,245 51,831 3,056 2,350 6,580 5,574 5,129 1,445 840 1,857 3,592 7,947
Deposits 1,641,029 25,531 1,148,087 57,440 16,149 93,014 43,532 66,485 13,270 7,496 21,069 39,748 109,208
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 1,526,319 25,516 1,033,641 57,432 16,145 92,828 43,530 66,452 13,269 7,495 21,067 39,747 109,197
U.S. Treasury, General Account 102,592 0 102,592 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 128 1 101 3 3 8 2 1 0 0 0 1 6
Other 11,990 14 11,753 5 1 177 0 32 0 1 1 1 6
Deferred availability cash items 1,131 40 0 138 156 22 152 27 70 185 30 68 244
Interest on Federal Reserve notes due
to U.S. Treasury (13) 3,664 44 2,858 64 50 141 106 102 21 13 37 69 158
Other liabilities and accrued
dividends (14) 17,959 222 14,290 288 269 680 468 407 171 136 174 292 563

Total liabilities 2,814,539 70,682 1,584,836 103,173 71,564 190,704 169,803 154,326 46,047 27,340 56,631 110,497 228,936

Capital
Capital paid in 27,231 1,322 8,679 2,207 2,116 5,458 1,529 771 221 114 272 431 4,114
Surplus 27,231 1,322 8,679 2,207 2,116 5,458 1,529 771 221 114 272 431 4,114
Other capital 0 0 0 0 0 0 0 0 0 0 0 0 0

Total liabilities and capital 2,869,002 73,326 1,602,193 107,588 75,795 201,619 172,860 155,868 46,488 27,567 57,176 111,359 237,163

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, April 25, 2012 (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. 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.
11. 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.
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.
13. 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.
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 below.

Note on consolidation:

The Federal Reserve Bank of New York (FRBNY) has extended loans to several limited liability companies under the authority of section 13(3) of the Federal Reserve Act. On June 26, 2008, a loan was
extended to Maiden Lane LLC, which was formed to acquire certain assets of Bear Stearns. On November 25, 2008, a loan was extended to Maiden Lane III LLC, which was formed to purchase multi-sector
collateralized debt obligations on which the Financial Products group of the American International Group, Inc. has written credit default swap contracts. On December 12, 2008, a loan was extended to
Maiden Lane II LLC, which was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment portfolio of subsidiaries of American International Group, Inc.
On November 25, 2008, the Federal Reserve Board authorized the FRBNY to extend credit to TALF LLC, which was formed to purchase and manage any asset-backed securities received by the FRBNY in
connection with the decision of a borrower not to repay a loan extended under the Term Asset-Backed Securities Loan Facility.

The FRBNY is the primary beneficiary of TALF LLC, because of the two beneficiaries of the LLC, the FRBNY and the U.S. Treasury, the FRBNY is primarily responsible for directing the financial
activities of TALF LLC. The FRBNY is the primary beneficiary of the other LLCs cited above because it will receive a majority of any residual returns of the LLCs and absorb a majority of any residual
losses of the LLCs. Consistent with generally accepted accounting principles, the assets and liabilities of these LLCs have been consolidated with the assets and liabilities of the FRBNY in the
preparation of the statements of condition shown on this release. As a consequence of the consolidation, the extensions of credit from the FRBNY to the LLCs are eliminated, the net assets of the LLCs
appear as assets on the previous page (and in table 1 and table 8), and the liabilities of the LLCs to entities other than the FRBNY, including those with recourse only to the portfolio holdings of
the LLCs, are included in other liabilities in this table (and table 1 and table 8).

10. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Wednesday
Federal Reserve notes and collateral Apr 25, 2012

Federal Reserve notes outstanding 1,242,501
Less: Notes held by F.R. Banks not subject to collateralization 184,194
Federal Reserve notes to be collateralized 1,058,308
Collateral held against Federal Reserve notes 1,058,308
Gold certificate account 11,037
Special drawing rights certificate account 5,200
U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2) 1,042,071
Other assets pledged 0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2) 2,610,134
Less: Face value of securities under reverse repurchase agreements 79,246
U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 2,530,888

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