FRB: H.4.1 Release--Factors Affecting Reserve Balances--June 5, 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

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks June 5, 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 Jun 4, 2014
Federal Reserve Banks Jun 4, 2014 May 28, 2014 Jun 5, 2013

Reserve Bank credit 4,284,873 + 255 + 935,079 4,288,107
Securities held outright (1) 4,067,250 + 1,063 + 940,348 4,070,251
U.S. Treasury securities 2,375,185 + 6,669 + 484,148 2,378,186
Bills (2) 0 0 0 0
Notes and bonds, nominal (2) 2,263,829 + 6,542 + 467,071 2,266,790
Notes and bonds, inflation-indexed (2) 96,068 0 + 14,422 96,068
Inflation compensation (3) 15,288 + 127 + 2,655 15,328
Federal agency debt securities (2) 44,082 0 - 26,808 44,082
Mortgage-backed securities (4) 1,647,983 - 5,606 + 483,008 1,647,983
Unamortized premiums on securities held outright (5) 209,302 - 350 + 8,369 209,310
Unamortized discounts on securities held outright (5) -18,079 - 162 - 16,278 -18,114
Repurchase agreements (6) 0 0 0 0
Loans 157 + 9 - 168 164
Primary credit 16 + 1 + 8 3
Secondary credit 0 0 0 0
Seasonal credit 61 + 8 + 14 81
Term Asset-Backed Securities Loan Facility (7) 79 0 - 192 79
Other credit extensions 0 0 0 0
Net portfolio holdings of Maiden Lane LLC (8) 1,655 - 1 + 231 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) 91 0 - 297 91
Float -613 - 85 + 202 -729
Central bank liquidity swaps (12) 174 0 - 1,597 174
Other Federal Reserve assets (13) 24,851 - 219 + 4,269 25,222
Foreign currency denominated assets (14) 23,978 + 1 + 545 23,901
Gold stock 11,041 0 0 11,041
Special drawing rights certificate account 5,200 0 0 5,200
Treasury currency outstanding (15) 45,875 + 14 + 791 45,875

Total factors supplying reserve funds 4,370,967 + 271 + 936,415 4,374,124

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 4, 2014
Federal Reserve Banks Jun 4, 2014 May 28, 2014 Jun 5, 2013

Currency in circulation (15) 1,280,467 + 18 + 89,774 1,280,889
Reverse repurchase agreements (16) 256,402 - 36,239 + 161,459 232,954
Foreign official and international accounts 108,126 + 454 + 13,183 105,553
Others 148,277 - 36,692 + 148,277 127,401
Treasury cash holdings 187 - 16 + 37 190
Deposits with F.R. Banks, other than reserve balances 90,625 - 13,125 + 23,713 88,760
Term deposits held by depository institutions 42,904 + 15,329 + 32,408 42,904
U.S. Treasury, General Account 33,895 + 322 + 3,665 31,902
Foreign official 7,793 + 7 - 3,401 7,779
Other (17) 6,033 - 28,783 - 8,958 6,175
Other liabilities and capital (18) 64,215 - 238 + 942 63,267

Total factors, other than reserve balances,
absorbing reserve funds 1,691,895 - 49,602 + 275,925 1,666,060

Reserve balances with Federal Reserve Banks 2,679,071 + 49,872 + 660,489 2,708,064

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 Jun 4, 2014
Jun 4, 2014 May 28, 2014 Jun 5, 2013

Securities held in custody for foreign official and
international accounts 3,295,568 + 16,678 - 16,827 3,306,633
Marketable U.S. Treasury securities (1) 2,959,908 + 16,571 - 11,984 2,970,736
Federal agency debt and mortgage-backed securities (2) 294,138 + 298 - 8,323 294,309
Other securities (3) 41,522 - 190 + 3,480 41,588
Securities lent to dealers 10,569 + 1,030 - 8,762 12,621
Overnight facility (4) 10,569 + 1,030 - 8,762 12,621
U.S. Treasury securities 9,527 + 1,030 - 8,767 11,484
Federal agency debt securities 1,041 - 1 + 5 1,137

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, June 4, 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) 18 82 64 0 0 ... 164
U.S. Treasury securities (2)
Holdings 0 47 1,994 926,143 814,320 635,680 2,378,186
Weekly changes - 37 + 5 - 5 + 17,472 - 12,533 + 2,558 + 7,462
Federal agency debt securities (3)
Holdings 423 2,097 5,667 33,548 0 2,347 44,082
Weekly changes + 423 - 423 0 0 0 0 0
Mortgage-backed securities (4)
Holdings 0 0 0 9 3,696 1,644,278 1,647,983
Weekly changes 0 0 0 + 1 + 31 - 31 + 1
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) 50 124 0 0 0 0 174

Reverse repurchase agreements (6) 232,954 0 ... ... ... ... 232,954
Term deposits 42,904 0 0 ... ... ... 42,904

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
Jun 4, 2014

Mortgage-backed securities held outright (1) 1,647,983

Commitments to buy mortgage-backed securities (2) 61,049
Commitments to sell mortgage-backed securities (2) 0

Cash and cash equivalents (3) 6

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
Jun 4, 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
Jun 4, 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
Jun 4, 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
Jun 4, 2014

Asset-backed securities holdings (1) 0
Other investments, net 91
Net portfolio holdings of TALF LLC 91

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 Jun 4, 2014 Wednesday Wednesday
consolidation May 28, 2014 Jun 5, 2013

Assets
Gold certificate account 11,037 0 0
Special drawing rights certificate account 5,200 0 0
Coin 1,858 - 6 - 110
Securities, unamortized premiums and discounts,
repurchase agreements, and loans 4,261,610 + 7,230 + 928,372
Securities held outright (1) 4,070,251 + 7,463 + 936,361
U.S. Treasury securities 2,378,186 + 7,462 + 480,176
Bills (2) 0 0 0
Notes and bonds, nominal (2) 2,266,790 + 7,344 + 463,050
Notes and bonds, inflation-indexed (2) 96,068 0 + 14,422
Inflation compensation (3) 15,328 + 118 + 2,704
Federal agency debt securities (2) 44,082 0 - 26,808
Mortgage-backed securities (4) 1,647,983 + 1 + 482,992
Unamortized premiums on securities held outright
(5) 209,310 - 102 + 8,388
Unamortized discounts on securities held outright
(5) -18,114 - 156 - 16,212
Repurchase agreements (6) 0 0 0
Loans 164 + 27 - 163
Net portfolio holdings of Maiden Lane LLC (7) 1,654 - 2 + 230
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) 91 0 - 297
Items in process of collection (0) 85 - 44 - 2
Bank premises 2,261 - 10 - 36
Central bank liquidity swaps (11) 174 0 - 1,597
Foreign currency denominated assets (12) 23,901 - 53 + 343
Other assets (13) 22,961 + 1,148 + 3,832

Total assets (0) 4,330,917 + 8,263 + 930,734

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 4, 2014 Wednesday Wednesday
consolidation May 28, 2014 Jun 5, 2013

Liabilities
Federal Reserve notes, net of F.R. Bank holdings 1,237,058 - 920 + 89,538
Reverse repurchase agreements (14) 232,954 - 45,251 + 138,675
Deposits (0) 2,796,824 + 54,806 + 702,038
Term deposits held by depository institutions 42,904 + 15,329 + 32,408
Other deposits held by depository institutions 2,708,064 + 30,766 + 681,807
U.S. Treasury, General Account 31,902 + 8,952 - 9,123
Foreign official 7,779 - 9 - 3,403
Other (15) (0) 6,175 - 231 + 350
Deferred availability cash items (0) 814 - 137 - 166
Other liabilities and accrued dividends (16) 6,954 - 208 - 646

Total liabilities (0) 4,274,604 + 8,291 + 929,440

Capital accounts
Capital paid in 28,156 - 15 + 647
Surplus 28,156 - 15 + 647
Other capital accounts 0 0 0

Total capital 56,313 - 29 + 1,295

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, June 4, 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 1,858 31 82 118 118 315 219 273 21 44 148 173 316
Securities, unamortized premiums and
discounts, repurchase agreements,
and loans 4,261,610 86,202 2,615,600 102,091 93,042 238,175 235,583 174,182 52,572 26,151 56,141 129,850 452,022
Securities held outright (1) 4,070,251 82,334 2,498,171 97,511 88,868 227,489 225,001 166,357 50,204 24,944 53,615 124,022 431,736
U.S. Treasury securities 2,378,186 48,107 1,459,644 56,974 51,924 132,918 131,465 97,200 29,333 14,574 31,326 72,464 252,257
Bills (2) 0 0 0 0 0 0 0 0 0 0 0 0 0
Notes and bonds (3) 2,378,186 48,107 1,459,644 56,974 51,924 132,918 131,465 97,200 29,333 14,574 31,326 72,464 252,257
Federal agency debt securities (2) 44,082 892 27,056 1,056 962 2,464 2,437 1,802 544 270 581 1,343 4,676
Mortgage-backed securities (4) 1,647,983 33,336 1,011,472 39,481 35,981 92,107 91,100 67,355 20,327 10,099 21,708 50,214 174,803
Unamortized premiums on securities held
outright (5) 209,310 4,234 128,467 5,014 4,570 11,698 11,571 8,555 2,582 1,283 2,757 6,378 22,202
Unamortized discounts on securities
held outright (5) -18,114 -366 -11,118 -434 -395 -1,012 -1,001 -740 -223 -111 -239 -552 -1,921
Repurchase agreements (6) 0 0 0 0 0 0 0 0 0 0 0 0 0
Loans 164 0 79 0 0 0 13 10 10 35 8 3 6
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) 91 0 91 0 0 0 0 0 0 0 0 0 0
Items in process of collection 85 0 0 0 0 0 84 0 0 0 0 0 0
Bank premises 2,261 122 430 73 110 224 209 199 125 98 244 226 201
Central bank liquidity swaps (11) 174 8 56 13 14 36 10 5 1 1 2 3 25
Foreign currency denominated assets (12) 23,901 1,087 7,689 1,797 1,900 4,983 1,374 660 201 101 252 400 3,458
Other assets (13) 22,961 498 13,694 675 501 1,441 1,268 933 334 211 323 718 2,365
Interdistrict settlement account 0 + 17,768 - 24,446 + 4,709 - 3,255 - 71 + 15,031 - 22,094 - 8,545 - 2,477 - 3,447 + 2,620 + 24,206

Total assets 4,330,917 106,262 2,620,877 110,025 93,131 246,341 255,781 155,287 45,138 24,392 54,107 135,151 484,424

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 4, 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 1,456,854 45,483 508,932 43,443 63,336 105,550 213,078 93,186 36,702 21,536 37,810 116,634 171,165
Less: Notes held by F.R. Banks 219,796 4,709 71,598 6,033 9,271 11,358 22,010 15,247 4,775 5,531 6,220 32,168 30,875
Federal Reserve notes, net 1,237,058 40,774 437,335 37,410 54,065 94,192 191,067 77,939 31,926 16,005 31,591 84,465 140,289
Reverse repurchase agreements (14) 232,954 4,712 142,979 5,581 5,086 13,020 12,878 9,521 2,873 1,428 3,069 7,098 24,710
Deposits 2,796,824 58,016 2,018,918 62,514 29,275 126,907 47,366 65,941 9,680 6,545 18,713 42,395 310,553
Term deposits held by depository
institutions 42,904 0 34,137 1 0 20 355 5,105 45 42 89 205 2,905
Other deposits held by depository
institutions 2,708,064 58,014 1,939,140 62,476 29,272 126,745 47,001 60,827 9,635 6,503 18,622 42,187 307,641
U.S. Treasury, General Account 31,902 0 31,902 0 0 0 0 0 0 0 0 0 0
Foreign official 7,779 2 7,752 3 3 8 2 1 0 0 0 1 6
Other (15) 6,175 1 5,987 34 0 134 7 8 0 0 1 3 1
Deferred availability cash items 814 0 0 0 0 0 758 0 0 56 0 0 0
Interest on Federal Reserve notes due
to U.S. Treasury (16) 1,993 25 1,249 68 37 76 127 84 25 10 20 64 209
Other liabilities and accrued
dividends (17) 4,961 174 2,014 227 229 620 367 276 138 114 129 202 472

Total liabilities 4,274,604 103,701 2,602,494 105,799 88,692 234,815 252,564 153,760 44,643 24,158 53,521 134,224 476,233

Capital
Capital paid in 28,156 1,281 9,191 2,113 2,219 5,763 1,609 763 247 117 293 464 4,095
Surplus 28,156 1,281 9,191 2,113 2,219 5,763 1,609 763 247 117 293 464 4,095
Other capital 0 0 0 0 0 0 0 0 0 0 0 0 0

Total liabilities and capital 4,330,917 106,262 2,620,877 110,025 93,131 246,341 255,781 155,287 45,138 24,392 54,107 135,151 484,424

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 4, 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
Jun 4, 2014

Federal Reserve notes outstanding 1,456,854
Less: Notes held by F.R. Banks not subject to collateralization 219,796
Federal Reserve notes to be collateralized 1,237,058
Collateral held against Federal Reserve notes 1,237,058
Gold certificate account 11,037
Special drawing rights certificate account 5,200
U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2) 1,220,821
Other assets pledged 0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2) 4,070,251
Less: Face value of securities under reverse repurchase agreements 230,873
U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 3,839,377

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