FRB: H.4.1 Release--Factors Affecting Reserve Balances--May 1, 2014

FEDERAL RESERVE statistical release

For Release at
4:30 P.M. EDT
June 12, 2014

Table 10 line items “Less: Face value of securities under reverse repurchase agreements” and “U.S.
Treasury, agency debt, and mortgage-backed securities eligible to be pledged” have been corrected to
include securities pledged as collateral for tri-party reverse repurchase agreements.
The revised data are reported at the following link: http://www.federalreserve.gov/releases/h41/2014update.htm.
Historical data incorporating this correction can be accessed through the Data Download Program (DDP) at
http://www.federalreserve.gov/datadownload/Choose.aspx?rel=H41.

FEDERAL RESERVE statistical release

For release at
4:30 P.M. EDT
May 1, 2014

The weekly average values, shown in table 1, reflect the March 31, 2014, quarterly updates to the fair
values of the net portfolio holdings of Maiden Lane 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, 2013, and the amounts for the last
day of the reporting week are based on the values as of March 31, 2014.

FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks May 1, 2014

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 30, 2014
Federal Reserve Banks Apr 30, 2014 Apr 23, 2014 May 1, 2013

Reserve Bank credit 4,250,522 + 4,566 + 984,421 4,252,828
Securities held outright (1) 4,023,886 + 4,954 + 989,852 4,027,112
U.S. Treasury securities 2,346,008 + 7,752 + 505,484 2,350,272
Bills (2) 0 0 0 0
Notes and bonds, nominal (2) 2,236,160 + 7,658 + 487,911 2,240,389
Notes and bonds, inflation-indexed (2) 95,389 0 + 15,112 95,389
Inflation compensation (3) 14,459 + 94 + 2,460 14,494
Federal agency debt securities (2) 44,965 - 1,396 - 27,088 44,965
Mortgage-backed securities (4) 1,632,912 - 1,403 + 511,455 1,631,875
Unamortized premiums on securities held outright (5) 209,856 - 145 + 13,750 209,747
Unamortized discounts on securities held outright (5) -17,651 - 98 - 16,001 -17,703
Repurchase agreements (6) 0 0 0 0
Loans 161 + 53 - 244 121
Primary credit 59 + 49 + 49 13
Secondary credit 0 0 0 0
Seasonal credit 21 + 4 + 4 27
Term Asset-Backed Securities Loan Facility (7) 81 - 1 - 296 81
Other credit extensions 0 0 0 0
Net portfolio holdings of Maiden Lane LLC (8) 1,595 + 9 + 170 1,654
Net portfolio holdings of Maiden Lane II LLC (9) 63 0 - 1 63
Net portfolio holdings of Maiden Lane III LLC (10) 22 0 0 22
Net portfolio holdings of TALF LLC (11) 92 0 - 301 92
Float -579 - 56 + 110 -770
Central bank liquidity swaps (12) 300 - 107 - 8,276 300
Other Federal Reserve assets (13) 32,778 - 42 + 5,363 32,190
Foreign currency denominated assets (14) 24,168 + 44 + 517 24,225
Gold stock 11,041 0 0 11,041
Special drawing rights certificate account 5,200 0 0 5,200
Treasury currency outstanding (15) 45,776 + 14 + 747 45,776

Total factors supplying reserve funds 4,336,708 + 4,625 + 985,686 4,339,070

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 30, 2014
Federal Reserve Banks Apr 30, 2014 Apr 23, 2014 May 1, 2013

Currency in circulation (15) 1,270,600 + 507 + 90,204 1,272,362
Reverse repurchase agreements (16) 285,631 + 74,959 + 190,470 325,498
Foreign official and international accounts 110,671 + 5,630 + 15,510 117,276
Others 174,960 + 69,328 + 174,960 208,222
Treasury cash holdings 236 - 2 + 50 229
Deposits with F.R. Banks, other than reserve balances 107,182 - 39,219 - 70,505 163,827
Term deposits held by depository institutions 0 0 0 0
U.S. Treasury, General Account 84,126 - 27,268 - 72,928 148,343
Foreign official 7,786 + 688 - 2,172 7,826
Other (17) 15,269 - 12,639 + 4,594 7,659
Other liabilities and capital (18) 63,640 + 94 - 2,111 62,715

Total factors, other than reserve balances,
absorbing reserve funds 1,727,290 + 36,339 + 208,109 1,824,632

Reserve balances with Federal Reserve Banks 2,609,418 - 31,714 + 777,577 2,514,438

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. The current face value shown is the
remaining principal balance of the securities.
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 deposits held at the Reserve Banks by international and multilateral organizations,
government-sponsored enterprises, and designated financial market utilities.
18. 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 Apr 30, 2014
Apr 30, 2014 Apr 23, 2014 May 1, 2013

Securities held in custody for foreign official and
international accounts 3,279,197 - 15,649 - 15,854 3,288,409
Marketable U.S. Treasury securities (1) 2,944,178 - 12,892 - 1,550 2,952,480
Federal agency debt and mortgage-backed securities (2) 293,166 - 2,117 - 17,728 293,763
Other securities (3) 41,853 - 641 + 3,424 42,166
Securities lent to dealers 10,894 - 1,166 - 11,802 12,382
Overnight facility (4) 10,894 - 1,166 - 11,802 12,382
U.S. Treasury securities 9,907 - 1,060 - 11,773 11,378
Federal agency debt securities 987 - 107 - 29 1,004

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 securities.
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, April 30, 2014

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) 29 26 65 0 0 ... 121
U.S. Treasury securities (2)
Holdings 0 37 593 876,120 847,034 626,487 2,350,272
Weekly changes - 1 - 1 + 450 + 19,491 - 13,141 + 1,706 + 8,504
Federal agency debt securities (3)
Holdings 883 1,955 6,232 33,548 0 2,347 44,965
Weekly changes + 883 - 360 - 523 0 0 0 0
Mortgage-backed securities (4)
Holdings 0 0 0 6 3,402 1,628,467 1,631,875
Weekly changes 0 0 0 0 - 52 - 7,207 - 7,259
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) 0 300 0 0 0 0 300

Reverse repurchase agreements (6) 325,498 0 ... ... ... ... 325,498
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. The current face value shown is the
remaining principal balance of the securities.
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
Apr 30, 2014

Mortgage-backed securities held outright (1) 1,631,875

Commitments to buy mortgage-backed securities (2) 49,916
Commitments to sell mortgage-backed securities (2) 0

Cash and cash equivalents (3) 10

1. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the
remaining principal balance of the securities.
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
Apr 30, 2014

Net portfolio holdings of Maiden Lane LLC (1) 1,654

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, 2014. 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
Apr 30, 2014

Net portfolio holdings of Maiden Lane II LLC (1) 63

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, 2014. 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
Apr 30, 2014

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
Apr 30, 2014

Asset-backed securities holdings (1) 0
Other investments, net 92
Net portfolio holdings of TALF LLC 92

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) extended loans with a term of up to five years to
holders of eligible asset-backed securities. The Federal Reserve closed the TALF for new loan extensions in 2010.
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.

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. Prior to January 15, 2013, the U.S. Treasury's
Troubled Asset Relief Program (TARP) committed backup funding to TALF LLC, providing credit protection to the
FRBNY. However, the accumulated fees and income collected through the TALF and held by TALF LLC now exceed the
remaining amount of TALF loans outstanding. Accordingly, the TARP credit protection commitment has been
terminated, and TALF LLC has begun to distribute excess proceeds to the Treasury and the FRBNY. 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 Apr 30, 2014 Wednesday Wednesday
consolidation Apr 23, 2014 May 1, 2013

Assets
Gold certificate account 11,037 0 0
Special drawing rights certificate account 5,200 0 0
Coin 1,897 - 6 - 142
Securities, unamortized premiums and discounts,
repurchase agreements, and loans 4,219,277 + 855 + 982,592
Securities held outright (1) 4,027,112 + 1,245 + 985,541
U.S. Treasury securities 2,350,272 + 8,504 + 502,289
Bills (2) 0 0 0
Notes and bonds, nominal (2) 2,240,389 + 8,410 + 484,731
Notes and bonds, inflation-indexed (2) 95,389 0 + 15,112
Inflation compensation (3) 14,494 + 95 + 2,446
Federal agency debt securities (2) 44,965 0 - 27,088
Mortgage-backed securities (4) 1,631,875 - 7,259 + 510,340
Unamortized premiums on securities held outright
(5) 209,747 - 328 + 13,403
Unamortized discounts on securities held outright
(5) -17,703 - 77 - 16,054
Repurchase agreements (6) 0 0 0
Loans 121 + 15 - 298
Net portfolio holdings of Maiden Lane LLC (7) 1,654 + 69 + 226
Net portfolio holdings of Maiden Lane II LLC (8) 63 0 - 1
Net portfolio holdings of Maiden Lane III LLC (9) 22 0 0
Net portfolio holdings of TALF LLC (10) 92 0 - 301
Items in process of collection (0) 92 + 1 - 499
Bank premises 2,274 + 2 - 22
Central bank liquidity swaps (11) 300 - 107 - 8,276
Foreign currency denominated assets (12) 24,225 + 85 + 375
Other assets (13) 29,917 - 1,188 + 4,903

Total assets (0) 4,296,049 - 290 + 978,855

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 Apr 30, 2014 Wednesday Wednesday
consolidation Apr 23, 2014 May 1, 2013

Liabilities
Federal Reserve notes, net of F.R. Bank holdings 1,228,708 + 1,590 + 88,733
Reverse repurchase agreements (14) 325,498 + 68,966 + 230,217
Deposits (0) 2,678,265 - 71,222 + 662,998
Term deposits held by depository institutions 0 0 0
Other deposits held by depository institutions 2,514,438 - 69,277 + 700,834
U.S. Treasury, General Account 148,343 - 1,882 - 36,281
Foreign official 7,826 + 23 - 2,123
Other (15) (0) 7,659 - 84 + 568
Deferred availability cash items (0) 863 + 208 - 427
Other liabilities and accrued dividends (16) 6,588 + 158 - 3,637

Total liabilities (0) 4,239,922 - 300 + 977,885

Capital accounts
Capital paid in 28,064 + 5 + 485
Surplus 28,064 + 5 + 485
Other capital accounts 0 0 0

Total capital 56,127 + 9 + 970

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. The current face value shown is the
remaining principal balance of the securities.
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 deposits held at the Reserve Banks by international and multilateral organizations,
government-sponsored enterprises, and designated financial market utilities.
16. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC
to entities other than the Federal Reserve Bank of New York, including liabilities that have recourse
only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on
consolidation accompanying table 9. Also includes the liability for interest on Federal Reserve notes due
to U.S. Treasury.

9. Statement of Condition of Each Federal Reserve Bank, April 30, 2014
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 11,037 352 4,125 338 464 824 1,349 706 278 173 291 880 1,257
Special drawing rights certificate acct. 5,200 196 1,818 210 237 412 654 424 150 90 153 282 574
Coin 1,897 32 89 122 122 324 231 272 22 46 149 169 319
Securities, unamortized premiums and
discounts, repurchase agreements,
and loans 4,219,277 85,346 2,589,645 101,078 92,119 235,817 233,235 172,447 52,043 25,873 55,583 128,559 447,531
Securities held outright (1) 4,027,112 81,461 2,471,695 96,477 87,926 225,078 222,616 164,594 49,672 24,680 53,046 122,707 427,160
U.S. Treasury securities 2,350,272 47,542 1,442,511 56,305 51,315 131,358 129,922 96,059 28,989 14,403 30,959 71,613 249,296
Bills (2) 0 0 0 0 0 0 0 0 0 0 0 0 0
Notes and bonds (3) 2,350,272 47,542 1,442,511 56,305 51,315 131,358 129,922 96,059 28,989 14,403 30,959 71,613 249,296
Federal agency debt securities (2) 44,965 910 27,598 1,077 982 2,513 2,486 1,838 555 276 592 1,370 4,769
Mortgage-backed securities (4) 1,631,875 33,010 1,001,585 39,095 35,629 91,207 90,209 66,697 20,128 10,001 21,496 49,724 173,095
Unamortized premiums on securities held
outright (5) 209,747 4,243 128,735 5,025 4,580 11,723 11,595 8,573 2,587 1,285 2,763 6,391 22,248
Unamortized discounts on securities
held outright (5) -17,703 -358 -10,865 -424 -387 -989 -979 -724 -218 -108 -233 -539 -1,878
Repurchase agreements (6) 0 0 0 0 0 0 0 0 0 0 0 0 0
Loans 121 0 81 0 0 6 3 4 2 16 7 0 1
Net portfolio holdings of Maiden
Lane LLC (7) 1,654 0 1,654 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane II LLC (8) 63 0 63 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) 92 0 92 0 0 0 0 0 0 0 0 0 0
Items in process of collection 92 0 0 0 0 0 92 0 0 0 0 0 0
Bank premises 2,274 122 434 74 109 225 210 200 125 98 245 230 202
Central bank liquidity swaps (11) 300 14 96 23 24 63 17 8 3 1 3 5 43
Foreign currency denominated assets (12) 24,225 1,101 7,800 1,820 1,925 5,049 1,392 669 204 102 255 405 3,503
Other assets (13) 29,917 648 18,001 724 660 1,843 1,657 1,222 445 260 421 922 3,114
Interdistrict settlement account 0 + 17,434 + 5,515 + 3,943 - 5,665 - 1,968 + 13,098 - 21,549 - 8,721 - 2,235 - 5,385 + 685 + 4,847

Total assets 4,296,049 105,245 2,629,354 108,332 89,995 242,589 251,935 154,399 44,548 24,409 51,715 132,138 461,391

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 30, 2014 (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 1,458,995 44,554 517,594 43,429 61,884 103,627 211,793 91,881 36,699 21,565 38,005 117,587 170,378
Less: Notes held by F.R. Banks 230,287 4,561 78,328 5,533 8,523 11,017 22,968 14,898 4,858 6,004 6,599 35,431 31,565
Federal Reserve notes, net 1,228,708 39,993 439,266 37,896 53,361 92,609 188,825 76,983 31,840 15,560 31,406 82,155 138,813
Reverse repurchase agreements (14) 325,498 6,584 199,779 7,798 7,107 18,192 17,993 13,304 4,015 1,995 4,288 9,918 34,526
Deposits 2,678,265 55,937 1,968,740 58,167 24,869 119,673 40,790 62,254 8,041 6,331 15,306 38,898 279,258
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 2,514,438 55,935 1,805,174 58,136 24,866 119,479 40,781 62,245 8,040 6,331 15,304 38,896 279,252
U.S. Treasury, General Account 148,343 0 148,343 0 0 0 0 0 0 0 0 0 0
Foreign official 7,826 2 7,798 3 3 8 2 1 0 0 0 1 6
Other (15) 7,659 1 7,426 27 0 186 6 8 0 0 1 2 1
Deferred availability cash items 863 0 0 0 0 0 691 0 0 171 0 0 0
Interest on Federal Reserve notes due
to U.S. Treasury (16) 2,102 39 1,318 47 45 122 120 79 21 12 22 61 216
Other liabilities and accrued
dividends (17) 4,486 155 1,894 204 202 525 322 253 130 108 112 182 398

Total liabilities 4,239,922 102,709 2,610,998 104,112 85,584 231,123 248,742 152,873 44,046 24,178 51,133 131,214 453,211

Capital
Capital paid in 28,064 1,268 9,178 2,110 2,206 5,733 1,597 763 251 116 291 462 4,090
Surplus 28,064 1,268 9,178 2,110 2,206 5,733 1,597 763 251 116 291 462 4,090
Other capital 0 0 0 0 0 0 0 0 0 0 0 0 0

Total liabilities and capital 4,296,049 105,245 2,629,354 108,332 89,995 242,589 251,935 154,399 44,548 24,409 51,715 132,138 461,391

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 30, 2014 (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. The current face value shown is the remaining principal balance of the securities.
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. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, and designated financial market utilities.
16. 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.
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 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
Apr 30, 2014

Federal Reserve notes outstanding 1,458,995
Less: Notes held by F.R. Banks not subject to collateralization 230,287
Federal Reserve notes to be collateralized 1,228,708
Collateral held against Federal Reserve notes 1,228,708
Gold certificate account 11,037
Special drawing rights certificate account 5,200
U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2) 1,212,471
Other assets pledged 0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2) 4,027,112
Less: Face value of securities under reverse repurchase agreements 310,428
U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 3,716,684

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