H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE Factors Affecting Reserves of Depository Institutions and CoodKMTi Statement of F.R. Banks For immediate release February 26, 1982 Averages of daily figures (millions of dollars) RReesseerrvveess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss,, WWeeeekk eennddeedd Change from week ended WWeeddnneessddaayy NNeesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss FFeebbrruuaarryy 2244,, Te~b ruary 17, February 25, FFeebbrruuaarryy 2244,, l +- 1982 1982 1981 1 1982 |2 if A, «, -„f, u* i*ecL titles ~~ 126,697 + 1,500 + 11,435 j 126,250 j'V v *. y' 5>v';tcrsi account .*'• - vi .f-M»'»chc.s« agreements 774 - 1,571 + 774 "" t - iJf'iQdtJOnS—• , 'i +*\u \xm 9,040 - 6 + 301 9,031 .•u .'j'nt. .^iMfchtfJte agreements 43 " 52 + 43 «.- -"" 3.J , ^ '*;*u^cndse agreements 55 „ 341 + 55 I* to-j \ ' '*.^iV institutions 1,900 - 8 + 187 1,414 borrowing of 146 + 12 14 151 - - ,f^«d credit of 222 - 5 + 222 279 i 4,004 + 1,565 1,268 2,400 8,822 - 800 887 8,955 i* t , • ». v<k c'gdit 151,335 + 289 + 10,639 148,050 11,150 - 1 9 11,150 '*,« .' «-; ,r r» certificate account 3,568 .„ + 1,050 3,568 n-^.' . "ULifandinq 13,709 -- + 235 13,709 ~ 179,762 288 + 11,916 176,477 • ii f • •, i sul 140,465 - 724 + 8,478 140,408 • .*'.'. j. h?V " 469 + 4 + 17 470 ' Jjj4: « , tt r.R. Banks 6,693 + 2,125 + 3,317 5,143 ^ ir^o^h MTI> F fi, Banks 276 - 45 6 264 0 T-~ »„ i- ,^>n r H. Banks 431 - 58 4- 58 350 .^ ;^!i'.>y f tiijhces 141 + 2 + 141 141 »* 5 ,? 'Vvs Mid capital 5,206 - 261 i- 596 4,938 153,682 + 1,043 "+ 12,602 151,714 .* **> >.ic^>^jt«» F H Banks3 26,081 - 756 684 24,764 v. <• ' i-^-l?f4t?*!i 18,158 - 1,060 + 1,338 18,158 , vVJ v „ e»j <ii*titutions with required reserve balances 12,507 - 467 + 1,043 12,507 •" .. - o. v.' t: required reserves at other institutions 2,062 - 153 |+ 1,362 2,062 " • • v ;i o,j«$h ar other institutions4 3,589 „ 440 |- 1,067 3,589 • * . - *< £*-» vaj!t c;ash3»5 44,246 - 1,817 !+ 553 42,929 . „*. *%c^ <- '.uai v«au!t cash used to satisfy reserve -> .G.**V * 40,657 - 1,377 1+ 1,620 39,340 • t v /* ' ' *• 40,658 - 799 .+ 1,456 40,658 Ir/'^ -r":'f rt ai F.R. Banks5'7 1 - 578 + 164 1,318 : . 1982 marketable U.S. Government securities held in custody by the Federal Reserve Banks for foreign official and intert , ,«^ $ 94,410 million, an increase of $769 million for the week. iHt v '10 Tiifhon. daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of V':*f <*«)* with foreign official and international accounts. Includes securities loaned-fuliy secured by U.S. Government securities. s "*' »»» i«? matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 1,631 **r. HU Jtgn official and international accounts. Includes $ 198 million securities loaned-fully secured by U.S. Government ^ i •%*.*' t-,L!'.i ricanng balances. 4 ) ^v» t-Jf i^sh at institutions without required reserve balances less vault cash equal to their required reserves. w 5 AojL-sf >i *o include $ 7 million waivers of penalties for reserve deficiencies in accordance with Board policy effective November 19,1975. <> 'V>> jlmze% w!tn Federal Reserve Banks (which exclude required clearing balances) plus vault cash at institutions with required reserve .-«.* > .. < , '<%<\ ctssh equal to required reserves at other institutions. > - ^ , .,M Fcdef ai Reserve Banks (which exclude required clearing balances) plus vault cash used to satisfy reserve requirements measure of excess reserves is comparable to the old excess reserve concept published historically. rni: '-'*-ea?u»yr$ Figures!. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.4.1 (a) CONSOLIDATED STATEMENT OF CONDITION OF ALL FEDERAL RESERVE BANKS Millions of dollars Change since ••** WWeeddnneessddaayy Wednesday Wednesday February 24, 1982 February 17, 1982 Febr uary 25, 1981 ASSETS Gold certificate account 11,150 1 8 Special Drawing Rights certif. acct. 3,568 + 1,050 Coin 439 + 8 47 Loans 1,414 - 91 - 3,778 Acceptances- Held under repurchase aggreements — •-. 453 — Federal agency abligations— Bought outright 9,031 - 15 + 294 Held under repurchase agreements 1 — 172 — U.S. government securities: Bought outright—Bills . 47,801 -f 155 + 6,767 Notes 60,359 + 70 + 1,989 Bonds 1188,,009900 — ++ 872 Total bought outright 2 112266,,225500 + 225 ++ 9,628 Held under repurchase agreements 1 — - 4,328 — Total U.S. government securities 126,250 - ^t 103 + 9,628 Total loans and securities 136,695 - 4,834 + 6,144 Cash items in process of collection (5,771) 8,047 - 5,622 - 1,173 Bank premises 505 — + 44 Other assets 3 8,450 + 130 - 942 TOTAL ASSETS (5,771) 168,854 - 10,319 + 5,068 LIABILITIES Federal Reserve notes 127,607 - 1,070 + 8,142 Deposits: Depository institutions 24,905 _ 4,902 _ 4,964 U.S. Treasury—general account 5,143 .. 398 + 1,710 Foreign—official accounts 264 _ 7 + 32 Other (3,636) 350 - 159 47 Total deposits (3,636) 30,662 _ 5,466 "Z 3,269 Deferred availability cash items (2,135) 5,647 __ 3,233 _ 294 Other liabilities and accrued dividends 4 2,061 _ 549 + 306 TOTAL LIABILITIES (5,771) 165,977 - 10,318 _ 4,885 CAPITAL ACCOUNTS Capital paid in 1,290 - 1 + 69 Surplus 1,278 — + 75 Other capital accounts 309 — + 39 * Figures in parentheses are the eliminations made in the consolidating process. 1 Does not include U.S. government and federal agency securities resold under matched sale-purchase transactions to foreign official and international accounts, of which $ -0- million was outstanding at the end of the latest statement week. 2 Net of $1,631 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 198 million securities loaned—fully secured by U.S. government securities. 3 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of $ 57 million in Treasury Bills maturing within 90 days. 4 Includes exchange-translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments.1 MATURITY DISTRIBUTION OF LOANS AND SECURITIES, February 24, 1982 Acceptances and securities held under repurchase agreements are classified as maturing within 15 days in accordance with maximum maturity of the agreements. U.S. government securities Federal agency obligal" ions LLooaannss AAcccceeppttaanncceess Holdings | Weekly changes Holdings | Weekly changes Within 15 days 1,319 6,419 _ 4,190 292 — 75 16 days to 90 days 95 — 24,820 + 1,224 540 + 28 91 days to 1 year — — 32,295 - 1,187 1,238 _ 140 Over 1 year to 5 years — — 35,814 + 50 5,428 —— Over 5 years to 10 years — — 10,193 960 Over 10 years — ______ 1166,,770099 — 557733 — Total 1,414 112266,,225500 - 4,103 99,,003311 - 187 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.4.1 (b) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON February 24, 1982 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis K C an it s y a s Dallas Fra S n a c n is co ASSETS 11,150 1,017 3,159 531 805 1,147 436 1,171 450 189 534 628 1,083 Gold certificate account 3,568 189 1,072 143 243 326 85 528 123 40 180 234 405 Special Drawing Rights certif. acct. 439 i 26 26 24 42 52 50 26 29 17 35 36 76 C Lo o a in n s 1,414 63 123 122 200 152 72 141 76 220 136 78 31 Acceptances held under repurchase agreements Fed B e o r u a g l h a t g e o n u c tr y ig o h b t l igations: 9,031 384 2,629 3'23 656 721 287 1,379 335 135 413 565 1,204 Held under repurchase agreements 1 U.S B . o g u o g v h e t r n o m ut e ri n g t h s t— ec B u i r l i l t s ie s: 47,801 2,035 13,917 1,711 3,471 3,816 1,519 7,297 1,771 714 2,186 2,991 6,373 N B o o t n e d s s 6 1 0 8 , , 3 0 5 9 9 0 2,5 7 6 7 9 0 1 5 7 , , 2 5 6 7 6 2 2,1 6 6 4 0 7 4 1 , , 3 31 8 3 2 4 1 , , 8 4 1 4 9 4 1,9 5 1 7 8 5 2 9, , 2 7 1 6 4 2 2,2 6 3 7 7 1 9 2 0 7 3 1 2,7 8 6 2 1 7 3 U , 1 7 3 7 2 6 8 2^ ,0 4 4 1 8 2 Total bought outright 2 126,250 5,374 36,755 4,518 9,166 10,079 4,012 19,273 4,679 1,888 5,774 7,899 16,833 Held under repurchase agreements 1 Total U.S. government securities 126,250 5,374 36,755 4,518 9,166 10,079 4,012 19,273 4,679 1,888 5,774 7,899 16,833_ 136,695 5,821 39,507 4,963 10,022 10,952 4,371 20,793 5,090 2,243 6,323 8,542 18,068 Total loans and securities 13,818 358 1,897 346 487 2,091 1,803 1,890 772 419 1,236 1,812 707 Cash items in process of collection 505 98 23 52 27 101 34 18 14 28 22 15 73 Bank premises 8,450 250 2,548 332 567 468 525 1,203 243 235 360 497 1,222 Other assets 3 -0- + 170 +3,404 - 547 -1,866 + 297 +2,190 -2,493 -1,285 - 522 + 369 + 102 + 181 Interdistrict settlement account 174,625 7,929 51,636 5,844 10,327 15,434 9,494 23,136 5,436 2,649 9,059 11,866 21,815 TOTAL ASSETS 1 Does not include U.S. government and federal agency securities resold under matched sale-purchase transactions to foreign official and international accounts, of which $ -0- million was outstanding at the end of the latest statement week. 2 Net of $ 1,631 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 198 million securities loaned—fully secured by U.S. government securities. 3 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of $57 million in Treasury Bills maturing within 90 days. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.4.1 (c) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON February 24, 1982 Millions of dollars total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis K C an it s y a s Dallas Fra S n a c n is co LIABILITIES Federal Reserve notes 127,607 6,751 39,238 4,948 8,602 12,049 2,532 18,854 4,096 1,414 6,485 8,537 14,101 Deposits: Depository Institutions j 24,905 729 4,871 486 1,099 1,135 1,989 2,956 768 719 1,307 2,231 6,615 U.S. Treasury —general account 1 5,1431 5,143 Foreign-official accounts 264 j 6 99 9 17 11 17 31 6 8 10 14 36 Other 3.986 1 266 2 15 3.637 59 1 1 2 1 1 Total deposits 34,298 736 10,379 497 1,116 1,161 5,643 3,046 775 728 1,319 2,246 6,652 Deferred availability cash items 7,782 273 800 207 239 1,901 1,017 451 403 376 1,031 759 325 Other liabilities and secured dividends 1 2.061 90 484 75 155 167 97 379 76 32 96 134 276 TOTAL LIABILITIES 171,748 7,850 50,901 5,727 10,112 15,278 9,289 22,730 5,350 2,550 8,931 11,676 21,354 CAPITAL ACCOUNTS Capital paid in 1,290 34 322 53 97 66 98 180 38 47 58 86 211 Surplus 1,278 33 319 53 96 66 97 180 37 47 57 84 209 Other capital accounts 309 12 94 11 22 24 10 46 11 5 13 20 41 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 174,625 7,929 51,636 5,844 10,327 15,434 9,494 23,136 5,436 2,649 9,059 11,866 21,815 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 150,682 8,000 43,666 7,288 9,611 13,532 5,245 20,975 5,511 1,874 7,994 10,372 16,614 Less-Held by F.R. Banks 23.075 1,249 4,428 2.340 1.009 1.483 2.713 2,121 1.415 460 1.509 1.835 2.513 F.R. Notes, Net 127,607 6,751 39,238 4,948 8,602 12,049 2,532 18,854 4,096 1,414 6,485 8,537 14,101 Collateral held against F.R. notes: Gold certificate account 11,150 1,017 3,159 531 805 1,147 436 1,171 450 189 534 628 1,083 Special Drawing Rights certif. acct. 3,568 189 1,072 143 243 326 85 528 123 40 180 234 405 Other Eligible Paper U.S. govt, and agency securities 112,889 5.545 35.007 4.274 7.554 10.576 2.011 17.155 3.523 1.185 5.771 7,675 12.613 Total collateral 127.607 1 6.751 39,238 4.948 8,602 12,049 2.532 18*85.4. 4.096 1.414 6.485 8,337 14. W 1 Includes exchange translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis