FRB: H.4.1 Release--Factors Affecting Reserve Balances--June 6, 2013

FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks June 6, 2013

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 5, 2013
Federal Reserve Banks Jun 5, 2013 May 29, 2013 Jun 6, 2012

Reserve Bank credit 3,349,794 - 2,899 + 546,411 3,357,440
Securities held outright (1) 3,126,902 - 1,856 + 520,510 3,133,890
U.S. Treasury securities 1,891,037 + 9,259 + 229,651 1,898,010
Bills (2) 0 0 - 18,423 0
Notes and bonds, nominal (2) 1,796,758 + 9,233 + 231,149 1,803,740
Notes and bonds, inflation-indexed (2) 81,646 0 + 13,992 81,646
Inflation compensation (3) 12,633 + 26 + 2,933 12,624
Federal agency debt securities (2) 70,890 - 997 - 22,362 70,890
Mortgage-backed securities (4) 1,164,975 - 10,118 + 313,221 1,164,991
Unamortized premiums on securities held outright (5) 200,933 - 77 + 68,162 200,922
Unamortized discounts on securities held outright (5) -1,801 - 79 + 479 -1,902
Repurchase agreements (6) 0 0 0 0
Loans 325 - 57 - 5,144 327
Primary credit 8 - 2 - 3 8
Secondary credit 0 0 0 0
Seasonal credit 47 - 4 + 12 49
Term Asset-Backed Securities Loan Facility (7) 271 - 50 - 5,153 271
Other credit extensions 0 0 0 0
Net portfolio holdings of Maiden Lane LLC (8) 1,424 - 4 - 2,455 1,424
Net portfolio holdings of Maiden Lane II LLC (9) 64 0 + 45 64
Net portfolio holdings of Maiden Lane III LLC (10) 22 0 - 15,241 22
Net portfolio holdings of TALF LLC (11) 388 0 - 453 388
Float -815 - 152 - 39 -893
Central bank liquidity swaps (12) 1,771 0 - 20,511 1,771
Other Federal Reserve assets (13) 20,582 - 672 + 1,059 21,426
Foreign currency denominated assets (14) 23,433 + 250 - 1,808 23,558
Gold stock 11,041 0 0 11,041
Special drawing rights certificate account 5,200 0 0 5,200
Treasury currency outstanding (15) 45,094 + 14 + 614 45,094

Total factors supplying reserve funds 3,434,562 - 2,634 + 545,217 3,442,333

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 5, 2013
Federal Reserve Banks Jun 5, 2013 May 29, 2013 Jun 6, 2012

Currency in circulation (15) 1,190,702 - 30 + 81,403 1,190,513
Reverse repurchase agreements (16) 94,943 + 8,368 + 2,314 94,279
Foreign official and international accounts 94,943 + 8,368 + 2,314 94,279
Others 0 0 0 0
Treasury cash holdings 150 - 2 + 4 137
Deposits with F.R. Banks, other than reserve balances 66,912 - 49,220 - 19,735 68,529
Term deposits held by depository institutions 10,496 0 + 7,443 10,496
U.S. Treasury, General Account 30,230 + 16,728 - 30,533 41,025
Foreign official 11,194 + 163 + 11,063 11,182
Service-related 0 0 - 1,902 0
Required clearing balances 0 0 - 1,902 0
Adjustments to compensate for float 0 0 0 0
Other 14,991 - 66,111 - 5,807 5,825
Other liabilities and capital (17) 63,273 - 1,132 - 9,876 62,618

Total factors, other than reserve balances,
absorbing reserve funds 1,415,980 - 42,016 + 54,110 1,416,076

Reserve balances with Federal Reserve Banks 2,018,582 + 39,382 + 491,108 2,026,257

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. Reflects the premium or discount, which is the difference between the purchase price and the face
value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt
securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an
effective-interest basis.
6. Cash value of agreements.
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 accrued interest, which represents the daily accumulation of interest earned, and other
accounts receivable. Also, includes Reserve Bank premises and equipment net of allowances for
depreciation.
14. Revalued daily at current foreign currency exchange rates.
15. Estimated.
16. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt
securities, and mortgage-backed securities.
17. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC
to entities other than the Federal Reserve Bank of New York, including liabilities that have recourse
only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on
consolidation accompanying table 9. Also includes the liability for interest on Federal Reserve notes due
to U.S. Treasury. Refer to table 8 and table 9.

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.

1A. Memorandum Items
Millions of dollars
Memorandum item Averages of daily figures Wednesday
Week ended Change from week ended Jun 5, 2013
Jun 5, 2013 May 29, 2013 Jun 6, 2012

Securities held in custody for foreign official and
international accounts 3,312,395 - 2,464 + 188,552 3,308,709
Marketable U.S. Treasury securities (1) 2,971,892 - 225 + 252,843 2,968,252
Federal agency debt and mortgage-backed securities (2) 302,461 - 2,058 - 64,384 302,347
Other securities (3) 38,042 - 181 + 94 38,110
Securities lent to dealers 19,331 - 1,911 + 4,255 17,329
Overnight facility (4) 19,331 - 1,911 + 4,255 17,329
U.S. Treasury securities 18,294 - 1,817 + 3,847 16,505
Federal agency debt securities 1,036 - 95 + 407 824

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

1. Includes securities and U.S. Treasury STRIPS at face value, and inflation compensation on TIPS.
Does not include securities pledged as collateral to foreign official and international account holders
against reverse repurchase agreements with the Federal Reserve presented in tables 1, 8, and 9.
2. Face value of federal agency securities and current face value of mortgage-backed securities, which
is the remaining principal balance of the underlying mortgages.
3. Includes non-marketable U.S. Treasury securities, supranationals, corporate bonds, asset-backed
securities, and commercial paper at face value.
4. Face value. Fully collateralized by U.S. Treasury securities.

2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, June 5, 2013

Millions of dollars
Remaining Maturity Within 15 16 days to 91 days to Over 1 year Over 5 year Over 10 All
days 90 days 1 year to 5 years to 10 years years

Loans (1) 21 36 0 271 0 ... 327
U.S. Treasury securities (2)
Holdings 1 4 343 544,480 863,091 490,091 1,898,010
Weekly changes 0 0 + 35 + 23,906 - 12,488 + 2,997 + 14,451
Federal agency debt securities (3)
Holdings 232 4,945 21,631 39,691 2,044 2,347 70,890
Weekly changes + 232 - 232 0 0 0 0 0
Mortgage-backed securities (4)
Holdings 0 0 0 1 2,702 1,162,287 1,164,991
Weekly changes 0 0 - 1 0 + 10 + 47 + 57
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) 451 1,320 0 0 0 0 1,771

Reverse repurchase agreements (6) 94,279 0 ... ... ... ... 94,279
Term deposits 10,496 0 0 ... ... ... 10,496

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
Account name Wednesday
Jun 5, 2013

Mortgage-backed securities held outright (1) 1,164,991

Commitments to buy mortgage-backed securities (2) 96,688
Commitments to sell mortgage-backed securities (2) 0

Cash and cash equivalents (3) 68

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
Account name Wednesday
Jun 5, 2013

Net portfolio holdings of Maiden Lane LLC (1) 1,424

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
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (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, 2013. 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
Account name Wednesday
Jun 5, 2013

Net portfolio holdings of Maiden Lane II LLC (1) 64

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, 2013. 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
Account name Wednesday
Jun 5, 2013

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

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
Account name Wednesday
Jun 5, 2013

Asset-backed securities holdings (1) 0
Other investments, net 388
Net portfolio holdings of TALF LLC 388

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) 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.
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 then by the interest
received on investments of TALF LLC. 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
Assets, liabilities, and capital Eliminations Wednesday Change since
from Jun 5, 2013 Wednesday Wednesday
consolidation May 29, 2013 Jun 6, 2012

Assets
Gold certificate account 11,037 0 0
Special drawing rights certificate account 5,200 0 0
Coin 1,968 + 2 - 167
Securities, unamortized premiums and discounts,
repurchase agreements, and loans 3,333,238 + 14,338 + 587,606
Securities held outright (1) 3,133,890 + 14,508 + 524,587
U.S. Treasury securities 1,898,010 + 14,451 + 233,718
Bills (2) 0 0 - 18,423
Notes and bonds, nominal (2) 1,803,740 + 14,452 + 235,245
Notes and bonds, inflation-indexed (2) 81,646 0 + 13,992
Inflation compensation (3) 12,624 0 + 2,904
Federal agency debt securities (2) 70,890 0 - 22,362
Mortgage-backed securities (4) 1,164,991 + 57 + 313,232
Unamortized premiums on securities held outright
(5) 200,922 + 98 + 67,796
Unamortized discounts on securities held outright
(5) -1,902 - 178 + 366
Repurchase agreements (6) 0 0 0
Loans 327 - 91 - 5,144
Net portfolio holdings of Maiden Lane LLC (7) 1,424 0 - 2,459
Net portfolio holdings of Maiden Lane II LLC (8) 64 0 + 45
Net portfolio holdings of Maiden Lane III LLC (9) 22 0 - 15,275
Net portfolio holdings of TALF LLC (10) 388 0 - 453
Items in process of collection (0) 87 - 428 - 110
Bank premises 2,297 - 7 - 64
Central bank liquidity swaps (11) 1,771 0 - 20,497
Foreign currency denominated assets (12) 23,558 + 320 - 1,668
Other assets (13) 19,129 + 830 + 1,206

Total assets (0) 3,400,183 + 15,055 + 548,165

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
Assets, liabilities, and capital Eliminations Wednesday Change since
from Jun 5, 2013 Wednesday Wednesday
consolidation May 29, 2013 Jun 6, 2012

Liabilities
Federal Reserve notes, net of F.R. Bank holdings 1,147,520 - 1,815 + 79,695
Reverse repurchase agreements (14) 94,279 + 6,102 + 5,418
Deposits (0) 2,094,786 + 11,453 + 473,141
Term deposits held by depository institutions 10,496 0 + 7,443
Other deposits held by depository institutions 2,026,257 + 3,668 + 479,396
U.S. Treasury, General Account 41,025 + 26,727 - 13,015
Foreign official 11,182 + 158 + 11,053
Other (0) 5,825 - 19,100 - 11,736
Deferred availability cash items (0) 980 - 647 - 164
Other liabilities and accrued dividends (15) 7,600 + 149 - 10,245

Total liabilities (0) 3,345,164 + 15,241 + 547,845

Capital accounts
Capital paid in 27,509 - 93 + 159
Surplus 27,509 - 93 + 159
Other capital accounts 0 0 0

Total capital 55,018 - 187 + 319

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. Reflects the premium or discount, which is the difference between the purchase price and the face
value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt
securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an
effective-interest basis.
6. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
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. Revalued daily at current foreign currency exchange rates.
13. Includes accrued interest, which represents the daily accumulation of interest earned, and other
accounts receivable.
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.

9. Statement of Condition of Each Federal Reserve Bank, June 5, 2013
Millions of dollars
Assets, liabilities, and capital Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas Dallas San
City Francisco

Assets
Gold certificate account 11,037 391 3,925 397 512 856 1,421 792 310 190 309 728 1,206
Special drawing rights certificate acct. 5,200 196 1,818 210 237 412 654 424 150 90 153 282 574
Coin 1,968 35 89 122 132 347 183 296 24 51 158 192 339
Securities, unamortized premiums and
discounts, repurchase agreements,
and loans 3,333,238 87,156 1,848,508 96,569 85,119 207,244 221,404 180,109 53,636 31,640 63,066 129,427 329,360
Securities held outright (1) 3,133,890 81,948 1,737,871 90,802 80,036 194,868 208,180 169,344 50,425 29,738 59,290 121,697 309,691
U.S. Treasury securities 1,898,010 49,631 1,052,524 54,993 48,473 118,020 126,082 102,562 30,540 18,011 35,908 73,704 187,561
Bills (2) 0 0 0 0 0 0 0 0 0 0 0 0 0
Notes and bonds (3) 1,898,010 49,631 1,052,524 54,993 48,473 118,020 126,082 102,562 30,540 18,011 35,908 73,704 187,561
Federal agency debt securities (2) 70,890 1,854 39,311 2,054 1,810 4,408 4,709 3,831 1,141 673 1,341 2,753 7,005
Mortgage-backed securities (4) 1,164,991 30,463 646,035 33,755 29,753 72,440 77,389 62,952 18,745 11,055 22,040 45,239 115,124
Unamortized premiums on securities held
outright (5) 200,922 5,254 111,419 5,822 5,131 12,493 13,347 10,857 3,233 1,907 3,801 7,802 19,855
Unamortized discounts on securities
held outright (5) -1,902 -50 -1,055 -55 -49 -118 -126 -103 -31 -18 -36 -74 -188
Repurchase agreements (6) 0 0 0 0 0 0 0 0 0 0 0 0 0
Loans 327 4 273 0 0 1 3 11 9 13 11 2 2
Net portfolio holdings of Maiden
Lane LLC (7) 1,424 0 1,424 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane II LLC (8) 64 0 64 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane III LLC (9) 22 0 22 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of TALF LLC (10) 388 0 388 0 0 0 0 0 0 0 0 0 0
Items in process of collection 87 0 0 0 0 0 86 0 0 0 0 0 0
Bank premises 2,297 120 429 71 113 229 212 201 129 101 250 235 206
Central bank liquidity swaps (11) 1,771 87 566 137 138 372 101 50 15 7 18 28 251
Foreign currency denominated assets (12) 23,558 1,158 7,533 1,822 1,837 4,947 1,342 672 196 99 238 374 3,341
Other assets (13) 19,129 529 10,137 690 500 1,360 1,296 1,029 339 241 380 766 1,862
Interdistrict settlement account 0 - 20,425 + 176,318 - 15,391 - 14,637 - 9,209 - 28,184 - 35,947 - 8,657 - 10,673 - 17,370 - 32,258 + 16,434

Total assets 3,400,183 69,247 2,051,221 84,628 73,952 206,558 198,515 147,625 46,142 21,746 47,202 99,772 353,574

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 5, 2013 (continued)
Millions of dollars
Assets, liabilities, and capital Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas Dallas San
City Francisco

Liabilities
Federal Reserve notes outstanding 1,437,587 46,254 553,469 46,034 60,197 108,209 174,831 94,385 36,389 23,407 38,755 99,549 156,110
Less: Notes held by F.R. Banks 290,067 12,191 93,300 6,521 8,994 11,839 32,027 16,704 3,792 9,990 12,735 49,682 32,293
Federal Reserve notes, net 1,147,520 34,063 460,169 39,512 51,204 96,370 142,804 77,681 32,597 13,417 26,021 49,867 123,816
Reverse repurchase agreements (14) 94,279 2,465 52,282 2,732 2,408 5,862 6,263 5,094 1,517 895 1,784 3,661 9,317
Deposits 2,094,786 29,904 1,517,226 37,837 15,721 92,024 44,956 62,987 11,404 6,951 18,691 45,074 212,010
Term deposits held by depository
institutions 10,496 95 6,891 850 0 40 705 255 0 95 210 105 1,250
Other deposits held by depository
institutions 2,026,257 29,807 1,452,603 36,946 15,718 91,797 44,240 62,694 11,404 6,856 18,480 44,968 210,745
U.S. Treasury, General Account 41,025 0 41,025 0 0 0 0 0 0 0 0 0 0
Foreign official 11,182 2 11,155 3 3 8 2 1 0 0 0 1 6
Other 5,825 0 5,552 37 0 179 9 37 0 0 1 1 9
Deferred availability cash items 980 0 0 0 0 0 866 0 0 113 0 0 0
Interest on Federal Reserve notes due
to U.S. Treasury (15) 1,970 53 984 118 56 225 119 91 26 13 31 67 187
Other liabilities and accrued
dividends (16) 5,630 165 3,027 205 217 546 322 260 135 122 112 185 333

Total liabilities 3,345,164 66,651 2,033,689 80,403 69,605 195,027 195,330 146,113 45,679 21,512 46,638 98,854 345,663

Capital
Capital paid in 27,509 1,298 8,766 2,113 2,173 5,765 1,592 756 232 117 282 459 3,956
Surplus 27,509 1,298 8,766 2,113 2,173 5,765 1,592 756 232 117 282 459 3,956
Other capital 0 0 0 0 0 0 0 0 0 0 0 0 0

Total liabilities and capital 3,400,183 69,247 2,051,221 84,628 73,952 206,558 198,515 147,625 46,142 21,746 47,202 99,772 353,574

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 5, 2013 (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. Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt
securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an effective-interest basis.
6. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
7. Refer to table 4 and the note on consolidation below.
8. Refer to table 5 and the note on consolidation below.
9. Refer to table 6 and the note on consolidation below.
10. Refer to table 7 and the note on consolidation below.
11. 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. Revalued daily at current foreign currency exchange rates.
13. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.
14. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.
15. Represents the estimated weekly remittances to U.S. Treasury as interest on Federal Reserve notes or, in those cases where the Reserve Bank's net earnings are not sufficient to equate surplus to
capital paid-in, the deferred asset for interest on Federal Reserve notes. The amount of any deferred asset, which is presented as a negative amount in this line, represents the amount of the
Federal Reserve Bank's earnings that must be retained before remittances to the U.S. Treasury resume. The amounts on this line are calculated in accordance with Board of Governors policy, which requires
the Federal Reserve Banks to remit residual earnings to the U.S. Treasury as interest on Federal Reserve notes after providing for the costs of operations, payment of dividends, and the amount
necessary to equate surplus with capital paid-in.
16. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to entities other than the Federal Reserve Bank of New York, including liabilities that have
recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation below.

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
Federal Reserve notes and collateral Wednesday
Jun 5, 2013

Federal Reserve notes outstanding 1,437,587
Less: Notes held by F.R. Banks not subject to collateralization 290,067
Federal Reserve notes to be collateralized 1,147,520
Collateral held against Federal Reserve notes 1,147,520
Gold certificate account 11,037
Special drawing rights certificate account 5,200
U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2) 1,131,283
Other assets pledged 0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2) 3,133,890
Less: Face value of securities under reverse repurchase agreements 84,473
U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 3,049,418

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