FRB: H.4.1 Release--Factors Affecting Reserve Balances--June 7, 2012

FEDERAL RESERVE statistical release
H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
June 7, 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 Jun 6, 2012
Federal Reserve Banks Jun 6, 2012 May 30, 2012 Jun 8, 2011

Reserve Bank credit 2,830,942 - 3,708 + 46,647 2,834,732
Securities held outright (1) 2,606,392 - 4,295 + 24,739 2,609,303
U.S. Treasury securities 1,661,386 - 2,391 + 116,681 1,664,292
Bills (2) 18,423 0 0 18,423
Notes and bonds, nominal (2) 1,565,609 - 2,477 + 109,610 1,568,495
Notes and bonds, inflation-indexed (2) 67,654 0 + 5,519 67,654
Inflation compensation (3) 9,700 + 85 + 1,553 9,720
Federal agency debt securities (2) 93,252 0 - 25,841 93,252
Mortgage-backed securities (4) 851,754 - 1,903 - 66,102 851,759
Repurchase agreements (5) 0 0 0 0
Loans 5,469 - 193 - 8,017 5,471
Primary credit 11 - 8 - 26 10
Secondary credit 0 0 0 0
Seasonal credit 35 + 4 0 39
Term Asset-Backed Securities Loan Facility (6) 5,424 - 188 - 7,991 5,421
Other credit extensions 0 0 0 0
Net portfolio holdings of Maiden Lane LLC (7) 3,879 + 7 - 20,661 3,883
Net portfolio holdings of Maiden Lane II LLC (8) 19 0 - 12,511 19
Net portfolio holdings of Maiden Lane III LLC (9) 15,263 + 96 - 9,138 15,297
Net portfolio holdings of TALF LLC (10) 841 0 + 95 841
Float -776 - 123 + 429 -947
Central bank liquidity swaps (11) 22,282 + 114 + 22,282 22,268
Other Federal Reserve assets (12) 177,573 + 686 + 49,429 178,598
Gold stock 11,041 0 0 11,041
Special drawing rights certificate account 5,200 0 0 5,200
Treasury currency outstanding (13) 44,515 + 14 + 592 44,515

Total factors supplying reserve funds 2,891,698 - 3,694 + 47,239 2,895,488

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 Jun 6, 2012
Federal Reserve Banks Jun 6, 2012 May 30, 2012 Jun 8, 2011

Currency in circulation (13) 1,109,333 + 783 + 85,162 1,110,066
Reverse repurchase agreements (14) 92,629 + 2,309 + 30,841 88,861
Foreign official and international accounts 92,629 + 2,309 + 30,841 88,861
Others 0 0 0 0
Treasury cash holdings 146 + 4 + 13 142
Deposits with F.R. Banks, other than reserve balances 86,647 - 11,093 + 33,961 76,685
Term deposits held by depository institutions 3,053 0 - 2,034 3,053
U.S. Treasury, General Account 60,763 - 7,041 + 22,575 54,040
U.S. Treasury, Supplementary Financing Account 0 0 - 5,000 0
Foreign official 131 + 1 + 5 129
Service-related 1,901 - 2 - 640 1,901
Required clearing balances 1,901 - 2 - 640 1,901
Adjustments to compensate for float 0 0 0 0
Other 20,798 - 4,053 + 19,054 17,561
Other liabilities and capital (15) 75,428 - 97 + 717 74,812

Total factors, other than reserve balances,
absorbing reserve funds 1,364,184 - 8,093 + 150,695 1,350,566

Reserve balances with Federal Reserve Banks 1,527,514 + 4,399 - 103,456 1,544,921

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 Jun 6, 2012
Memorandum item Jun 6, 2012 May 30, 2012 Jun 8, 2011

Marketable securities held in custody for foreign
official and international accounts (1) 3,517,617 + 11,665 + 74,496 3,517,403
U.S. Treasury securities 2,799,144 + 14,030 + 100,309 2,798,026
Federal agency securities (2) 718,473 - 2,365 - 25,812 719,377
Securities lent to dealers 15,076 - 2,178 - 1,544 13,772
Overnight facility (3) 15,076 - 2,178 - 1,544 13,772
U.S. Treasury securities 14,447 - 2,274 - 1,264 13,243
Federal agency debt securities 629 + 96 - 280 529

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, June 6, 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) 45 1,138 2,488 1,800 0 ... 5,471
U.S. Treasury securities (2)
Holdings 17,145 20,544 26,295 544,049 738,207 318,053 1,664,292
Weekly changes + 1,139 + 2,416 - 10,312 - 1,855 + 14,357 + 1,873 + 7,617
Federal agency debt securities (3)
Holdings 1,768 4,274 16,320 62,056 6,487 2,347 93,252
Weekly changes + 1,768 - 1,768 0 0 0 0 0
Mortgage-backed securities (4)
Holdings 0 0 2 7 105 851,644 851,759
Weekly changes 0 0 0 0 + 2 + 7 + 9
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) 6,750 15,517 0 0 0 0 22,268

Reverse repurchase agreements (6) 88,861 0 ... ... ... ... 88,861
Term deposits 3,053 0 0 ... ... ... 3,053

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 Jun 6, 2012

Mortgage-backed securities held outright (1) 851,759

Commitments to buy mortgage-backed securities (2) 39,774
Commitments to sell mortgage-backed securities (2) 0

Cash and cash equivalents (3) 46

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 Jun 6, 2012

Net portfolio holdings of Maiden Lane LLC (1) 3,883

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2) 366
Accrued interest payable to the Federal Reserve Bank of New York (2) 765
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3) 1,417

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 Jun 6, 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 Jun 6, 2012

Net portfolio holdings of Maiden Lane III LLC (1) 15,297

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2) 2,768
Accrued interest payable to the Federal Reserve Bank of New York (2) 736
Outstanding principal amount and accrued interest on loan payable to American International Group, Inc. (3) 5,620

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 Jun 6, 2012

Asset-backed securities holdings (1) 0
Other investments, net 841
Net portfolio holdings of TALF LLC 841

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 Jun 6, 2012 Wednesday Wednesday
Assets, liabilities, and capital May 30, 2012 Jun 8, 2011

Assets
Gold certificate account 11,037 0 0
Special drawing rights certificate account 5,200 0 0
Coin 2,135 - 7 + 25
Securities, repurchase agreements, and loans 2,614,774 + 7,588 + 9,804
Securities held outright (1) 2,609,303 + 7,627 + 17,695
U.S. Treasury securities 1,664,292 + 7,617 + 109,632
Bills (2) 18,423 0 0
Notes and bonds, nominal (2) 1,568,495 + 7,552 + 103,961
Notes and bonds, inflation-indexed (2) 67,654 0 + 4,284
Inflation compensation (3) 9,720 + 65 + 1,386
Federal agency debt securities (2) 93,252 0 - 25,841
Mortgage-backed securities (4) 851,759 + 9 - 66,097
Repurchase agreements (5) 0 0 0
Loans 5,471 - 38 - 7,891
Net portfolio holdings of Maiden Lane LLC (6) 3,883 + 5 - 20,710
Net portfolio holdings of Maiden Lane II LLC (7) 19 0 - 12,512
Net portfolio holdings of Maiden Lane III LLC (8) 15,297 + 40 - 9,192
Net portfolio holdings of TALF LLC (9) 841 0 + 95
Items in process of collection (65) 197 - 45 - 22
Bank premises 2,361 - 8 + 155
Central bank liquidity swaps (10) 22,268 + 100 + 22,268
Other assets (11) 176,275 + 1,674 + 49,096

Total assets (65) 2,854,286 + 9,346 + 39,006

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 Jun 6, 2012 Wednesday Wednesday
Assets, liabilities, and capital May 30, 2012 Jun 8, 2011

Liabilities
Federal Reserve notes, net of F.R. Bank holdings 1,067,825 - 325 + 84,732
Reverse repurchase agreements (12) 88,861 - 4,665 + 29,094
Deposits (0) 1,621,645 + 14,328 - 75,370
Term deposits held by depository institutions 3,053 0 - 2,034
Other deposits held by depository institutions 1,546,861 + 20,773 - 116,103
U.S. Treasury, General Account 54,040 - 13,555 + 30,544
U.S. Treasury, Supplementary Financing Account 0 0 - 5,000
Foreign official 129 - 6 + 3
Other (0) 17,561 + 7,115 + 17,218
Deferred availability cash items (65) 1,144 - 190 - 460
Other liabilities and accrued dividends (13) 20,113 + 158 - 999

Total liabilities (65) 2,799,587 + 9,304 + 36,996

Capital accounts
Capital paid in 27,350 + 21 + 1,006
Surplus 27,350 + 21 + 1,006
Other capital accounts 0 0 0

Total capital 54,699 + 42 + 2,010

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, June 6, 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 2,135 43 98 150 147 384 196 312 33 55 161 202 355
Securities, repurchase agreements,
and loans 2,614,774 63,378 1,468,343 86,258 66,340 185,708 157,324 144,758 40,797 23,749 52,425 101,387 224,307
Securities held outright (1) 2,609,303 63,375 1,462,917 86,258 66,340 185,708 157,323 144,753 40,794 23,721 52,422 101,385 224,307
U.S. Treasury securities 1,664,292 40,423 933,093 55,018 42,314 118,450 100,345 92,328 26,020 15,130 33,436 64,666 143,070
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) 1,645,870 39,975 922,764 54,409 41,845 117,139 99,235 91,306 25,732 14,962 33,066 63,951 141,486
Federal agency debt securities (2) 93,252 2,265 52,282 3,083 2,371 6,637 5,622 5,173 1,458 848 1,873 3,623 8,016
Mortgage-backed securities (4) 851,759 20,688 477,542 28,157 21,655 60,621 51,355 47,252 13,316 7,743 17,112 33,095 73,221
Repurchase agreements (5) 0 0 0 0 0 0 0 0 0 0 0 0 0
Loans 5,471 3 5,425 0 0 0 1 5 3 28 3 3 0
Net portfolio holdings of Maiden
Lane LLC (6) 3,883 0 3,883 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) 15,297 0 15,297 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of TALF LLC (9) 841 0 841 0 0 0 0 0 0 0 0 0 0
Items in process of collection 262 5 -96 56 27 4 56 106 7 7 7 8 75
Bank premises 2,361 121 460 66 123 229 213 203 132 105 256 241 211
Central bank liquidity swaps (10) 22,268 781 7,183 1,931 1,646 4,606 1,273 594 182 91 221 357 3,402
Other assets (11) 176,275 4,576 92,382 7,303 5,711 16,115 10,592 9,042 2,596 1,529 3,302 6,300 16,827
Interdistrict settlement account 0 + 9,258 - 46,288 - 15,596 + 882 + 23,917 + 7,197 - 2,356 + 3,070 + 1,180 + 456 + 1,729 + 16,551

Total assets 2,854,351 78,766 1,547,762 80,816 75,628 232,264 178,842 153,921 47,280 26,997 57,297 111,232 263,545

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, June 6, 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 1,248,534 46,858 433,883 47,798 61,410 101,688 153,136 94,872 37,049 22,337 37,229 77,654 134,619
Less: Notes held by F.R. Banks 180,709 4,838 66,333 5,267 7,556 11,577 26,113 12,453 4,167 3,753 3,625 11,331 23,696
Federal Reserve notes, net 1,067,825 42,020 367,550 42,531 53,854 90,112 127,023 82,418 32,882 18,585 33,604 66,323 110,923
Reverse repurchase agreements (12) 88,861 2,158 49,820 2,938 2,259 6,324 5,358 4,930 1,389 808 1,785 3,453 7,639
Deposits 1,621,645 31,646 1,097,261 30,443 14,902 124,054 42,663 64,447 12,270 6,984 21,122 40,152 135,702
Term deposits held by depository
institutions 3,053 10 2,255 600 0 95 5 8 0 70 5 5 0
Other deposits held by depository
institutions 1,546,861 31,632 1,023,469 29,833 14,899 123,827 42,654 64,413 12,269 6,914 21,115 40,145 135,691
U.S. Treasury, General Account 54,040 0 54,040 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 129 1 102 3 3 8 2 1 0 0 0 1 6
Other 17,561 3 17,394 7 0 124 1 25 0 0 1 1 6
Deferred availability cash items 1,209 43 0 114 49 28 155 27 100 243 42 81 326
Interest on Federal Reserve notes due
to U.S. Treasury (13) 1,678 34 974 56 43 127 93 90 22 13 30 52 143
Other liabilities and accrued
dividends (14) 18,435 222 14,741 296 279 700 459 402 170 137 170 287 572

Total liabilities 2,799,652 76,122 1,530,346 76,378 71,387 221,346 175,751 152,315 46,834 26,770 56,753 110,347 255,305

Capital
Capital paid in 27,350 1,322 8,708 2,219 2,121 5,459 1,546 803 223 114 272 442 4,120
Surplus 27,350 1,322 8,708 2,219 2,121 5,459 1,546 803 223 114 272 442 4,120
Other capital 0 0 0 0 0 0 0 0 0 0 0 0 0

Total liabilities and capital 2,854,351 78,766 1,547,762 80,816 75,628 232,264 178,842 153,921 47,280 26,997 57,297 111,232 263,545

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, June 6, 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 Jun 6, 2012

Federal Reserve notes outstanding 1,248,534
Less: Notes held by F.R. Banks not subject to collateralization 180,709
Federal Reserve notes to be collateralized 1,067,825
Collateral held against Federal Reserve notes 1,067,825
Gold certificate account 11,037
Special drawing rights certificate account 5,200
U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2) 1,051,588
Other assets pledged 0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2) 2,609,303
Less: Face value of securities under reverse repurchase agreements 75,932
U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 2,533,371

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