H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE statistical release Factors Affecting Reserves of Depository Institutions and Condition Statement of F.R. Banks H.4.1. For immediate release April 16, 1982 | Averages of daily figures (millions of doll _rs) RReesseerrvveess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss,, WWeeeekk eennddeedd Change from week ended WWeeddnneessddaayy RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss AApprriill 1144,, A*"ihh [April 15. AApprriill 1144,, 11998822 1981 _____ 11998822 Reserve Bank credit: |T j- U.S. government securities- Bought outright—system account 125,592 + 1,837 + 5,807 123,831 Held under repurchase agreements -- - 867 -- -- Federal agency obligations- Bought outright 9,011 - 2 + 291 9,008 Held under repurchase agreements -- - 25 -- -- Acceptances- Bought outright „„ — -- -- 1 !eld under repurchase agreements -- » 172 -- -- Loans to depository institutions 1,337 - 142 + 195 4,444 includes: seasonal borrowing of 154 - 12 + 5 146 extended credit of 234 - 45 + 234 240 Float 3,480 + 453 - 30 2,890 Other F.R. assets _ 9,222 JL 94 - 925 9.304 Total Reserve Bank credit 148,641 + 1,176 + 5,336 149,477 Gold stock 11,150 -. - 4 11,150 Special Drawing Rights certificate account 3,568 -- + 750 3,568 Treasury currency outstanding 13,737 + 3 4- 221 13,745 177,096 + 1,179 + 6,303 177,940 Currency in circulation* 143,703 + 1,650 + 8,720 144,221 Treasury cash holdings* 490 + 2 - 6 490 Treasury deposits with F.R. Banks 3,626 . 312 + 593 2,909 Foreign deposits with F.R. Banks 307 + 64 - 40 ! 239 Other deposits with F.R. Banks 435 - 36 + 150 373 Required clearing balances j 171 + 3 + 171 171 Other F.R. liabilities and capital 5.073 - 146 + 180 I 4.946 153,805 *"+" 1,226 "j 4- 9,767 [ 153,349 Reserve balances with F.R. Banks 3 j 23,291 - 46 1 - 3,465 1 24,591 Total vault cash 19,197 + 341 + 1,433 19,197 (a) Vault cash at institutions with required reserve balances 13,024 + 156 + 1,067 13,024 (b) Vault cash equal to required reserves at other institutions 2,337 + 50 + 922 2,337 (c) Surplus vault cash at other institutions4 3,836 + 135 - 556 3,836 Reserve balances + total vault cash3-5 42,491 + 295 - 2,029 43,791 Reserve balances + total vault cash used to satisfy reserve requirements ' 6 38,655 + 160 - 1,473 39,955 Required reserves 38,389 + 220 - 1,338 38,389 Excess reserve balances at F.R. Banks5, 7 J 266 i - 60 - 135 J 1,566 On April 14, 1982 , marketable U.S. Government securities held in custody by the Feci era I Reserve Banks for foreign official and inter national accounts were $91,760 million, a decrease of $ 1,072 million for the week. 1 Net of $ 1,783 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 824 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. Government securities. 2 Net of $3,760 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 1,523 million was with foreign official and international accounts. Includes $ 203 million securities loaned-fully secured by U.S. Government securities. 3 Exclude required clearing balances. 4 Total vault cash at institutions without required reserve balances less vault cash equal to their required reserves. 5 Adjusted to include $ 3 million waivers of penalties for reserve deficiencies in accordance with Board policy effective November 19,1975. 6 Reserve balances with Federal Reserve Banks (which exclude required clearing balances) plus vault cash at institutions with required reserve balances plus vault cash equal to required reserves at other institutions. 7 Reserve balances with Federal Reserve Banks (which exclude required clearing balances) plus 'ault cash used to satisfy reserve requirements less required reserves. (This measure of excess reserves is comparable to the old excess reserve concept published historically.) * Estimated (Treasury's 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 Wednesday Wednesday Wednesday April 14. 1982 April 7. 1932 April 15, 1981 ASSETS Gold certificate account 11,150 4 Special Drawing Rights certif. acct. 3,568 + 750 Coin 413 5 32 Loans 4,444 +2,153 +1,236 Acceptances- Held under repurchase aggreements Federal agency abligations— 9,008 + 288 Bought outright Held under repurchase agreements 1 U.S. government securities: 45,382 +3,405 +1,770 Bought outright—Bills 60,359 — +1,241 Notes 18,090 — + 784 Bonds 123,831 +3,405 +3,795 Total bought outright 2 Held under repurchase agreements 1 123,831 +3,405 +3,795 Total U.S. government securities 137,283 +5,553 +5,319 Total loans and securities (3,697) 9,591 -4,601 -2,071 Cash items in process of collection 511 + 1 + 45 Bank premises 8,793 - 154 -1,069 Other assets 3 (3,697) 171,309 + 794 +2,938 TOTAL ASSETS LIABILITIES Federal Reserve notes 131,379 + 850 +8,457 Deposits:~ Depository institutions 24,762 +1 ,965 -5,555 U7S.Treasury—general account 2,909 -2 ,025 + 613 Foreign—official accounts 239 + 42 - 149 Other (1,324) 373 - 19 + 32 Total deposits (1,324) 28,283 - 37 -5,059 Deferred availability cash items (2,373) 6,701 - 92 - 756 Other liabilities and accrued dividends 4 2,053 + 52 + 130 TOTAL LIABILITIES (3,697) 168,416 + 773 +2,772 CAPITAL ACCOUNTS Capital paid in 1,305 + 6 + 75 Surplus 1,278 — + 75 Other capital accounts 310 + 15 + 16 * 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 $ _ _ million was outstanding at the end of the latest statement week. 0 2 Net of $ 3,760 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $203 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 $ 63 million in Treasury Bills maturing within 9 0days. 4 Includes exchange-translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. MATURITY DISTRIBUTION OF LOANS AND SECURITIES, APRIL 14, 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 obligations LLooaannss AAcccceeppttaanncceess Holdings | Weekly changes Holdings | Weekly changes Within 15 days 4,360 ~ 4,603 +2,402 71 - 14 16 days to 90 days 84 — 24,049 + 974 513 - 7 91 days to 1 year — — 32,374 + 29 1,604 +139 Over 1 year to 5 years — — 35,904 + 1 5,361 -122 Over 5 years to 10 years — — 10,193 -- 928 - 1 Over 10 years — ~~ 1166,,770088 11 553311 -- Total 4,444 112233,,883311 ++33,,440055 99,,000088 - 5 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 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 Gold certificate account 11,150 1,017 3,159 531 705 1,467 436 1,051 450 189 534 628 983 Special Drawing Rights certif. acct. 3,568 189 1,072 143 243 326 85 528 123 40 180 234 405 Coin 413 30 27 18 36 48 41 23 27 20 38 30 75 Loans 4,444 181 2,510 401 12 26 97 660 56 90 107 92 212 Acceptances held under repurchase agreements -- -- -- -- -- -- -- -- -- -. -- -- -- Federal agency obligations: Bought outright 9,008 383 2,623 322 654 719 286 1,375 334 135 412 564 1,201 Held under repurchase agreements 1 -. -- -- -- ._ -- _„ .. -- -- -- .- __ U.S. government securities: Bought outright-Bills 45,382 1,931 13,212 1,624 3,295 3,623 1,442 6,928 1,682 678 2,076 2,840 6,051 Notes 60,359 2,570 17,572 2,160 4,382 4,819 1,918 9,214 2,237 903 2,761 3,776 8,047 Bonds 18,090 770 5,266 648 1,313 1,444 575 2,762 6 70 271 827 1,132 2,412 Total bought outright 2 123,831 5,271 36,050 4,432 8,990 9,886 3,935 18,904 4,589 1,852 5,664 7,748 16,510 Held under repurchase agreements 1 -- -- -- -- -- -- -- -- -- -- ._ -- -- Total U.S. government securities 123,831 5,271 36,050 4,432 8,990 9,886 3,935 18,904 4,589 1,852 5,664 7,748 16,510 Total loans and securities 137,283 5,835 41,183 5,155 9,656 10,631 4,318 20,939 4,979 2,077 6,183 8,404 17,923 Cash items in process of collection 13,288 433 1,484 549 682 2,585 1,632 1,403 682 472 1,220 1,004 1,142 Bank premises 511 98 23 52 27 103 34 18 14 27 23 15 77 Other assets 3 8,793 273 2,593 336 596 505 531 1,240 265 243 381 525 1,305 Interdistrict settlement account -0- + 153 +4,278 - 430 -1,344 + 570 -1,446 -2,235 + 52 -360 +806 +1,034 -1,078 TOTAL ASSETS 175.006 8.028 53.819 6,354 10,601 16.235 5,631 22.967 6.592 2,708 9,365 U,874 20,832 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 $ 3,760 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 203 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 $63 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 APRIL 14, 1982 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 131,379 6,888 40,346 5,310 8,871 12,395 2,706 19,460 3,998 1,522 6,840 8,685 14,358 Deposits: Depository Institutions 24,762 627 8,208 505 1,054 1,082 1,559 2,172 607 654 1,118 2,068 5,108 U.S. Treasury -general account 2,909 2,909 Foreign—official accounts 239 5 91 8 15 10 15 28 6 7 9 13 32 Other 1,697 1 270 29 2 68 1.322 1 2 1 1 Total deposits 29,607 633 11,478 513 1,069 1,121 1,576 2,268 1,935 662 1,129 2,082 5,141 Deferred availability cash items 9,074 337 847 333 291 2,387 1,038 508 452 389 1,168 781 543 Other liabilities and accrued dividends * 2.053 91 413 78 155 176 100 325 122 35 97 134 327 TOTAL LIABILITIES 172,113 7,949 53,084 6,234 10,386 16,079 5,420 22,561 6,507 2,608 9,234 11,682 20,369 CAPITAL ACCOUNTS Capital paid in 1,305 34 323 55 97 67 104 181 38 48 59 87 212 Surplus 1,278 33 319 53 96 66 97 180 37 47 57 84 209 Other capital accounts 310 12 93 12 22 23 10 45 10 5 15 21 42 TOTAL LIABILITIES AND CAPITAL 175,006 8,028 53,819 6,354 10,601 16,235 5,631 22,967 6,592 2,708 9,365 11,874 20,832 ACCOUNTS FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 152,236 8,036 44,680 7,589 9,604 13,621 5,085 21,167 5,434 1,861 8,150 10,372 16,637 Less-Held by F.R. Banks 20,857 1,148 4,334 2,279 733 1,226 2,379 1,707 1,436 339 1,310 1,687 2,279 F.R. Notes, Net 131,379 6,888 40,346 5,310 8,871 12,395 2,706 19,460 3,998 1,522 6,840 8,685 14,358 Collateral held against F.R. notes: Gold certificate account 11,150 1,017 3,159 531 705 1,467 436 1,051 450 189 534 628 983 Special Drawing Rights certif. acct. 3,568 189 1,072 143 243 326 85 528 123 40 180 234 405 Other eligible assets 79 27 1 51 U.S. govt, and agency securities 116.582 5,655 36,115 4.636 7.923 10,601 2,185 17,881 3.425 1,293 6,075 7,823 12,970 Total collateral 131,379 6,888 46,346 5,316 8,871 12,395 2,766 19,466 3,998 l!522 6; 846 8)685 14,358 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