H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE These data are scheduled for release each Thursday, The exact time of each release will be announced, when "^f^Re^> the information is available on (202) 452-3206. H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks February 15, 1996 Millions of dollars Averages of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt WWeeeekk eennddeedd Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss FFeebb 1144,, 11999966 Feb 7, 1996 Feb 15, 1995 Feb 14, 1996 Reserve Bank credit1 2 407,372 + 54 + 8,418 409,685 U.S. government securities Bought outright--system account 372,260 14 + 12,358 374,081 Held under repurchase agreements 0 0 0 0 Federal agency obligations Bought outright 2,63<+ 0 912 2,634 Held under repurchase agreements 0 0 0 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 7 22 12 20 Seasonal credit 8 + 2 24 9 Extended credit 0 0 0 0 Float 678 181 + 62 1,046 Other F.R. assets 31,766 + 268 3,054 31,896 Gold stock 11,052 0 + 2 11,053 Special drawing rights certificate account 10,168 0 + 2,150 10,168 Treasury currency outstanding 24,072 + 14 + 967 24,072 Total factors supplying reserve funds 452,665 + 68 + 11,537 454,978 Currency in circulation* 412,382 + 478 + 15,823 413,368 Treasury cash holdings* 273 0 66 273 Deposits, other than reserve balances, with F.R. Banks Treasury 5,204 288 + 415 5,177 Foreign 177 27 10 173 Service-related balances and adjustments3 5,837 1,008 + 1,468 5,837 Other 375 33 + 19 378 Other F.R. liabilities and capital 12,659 + 619 31 12,610 Total factors, other than reserve balances, absorbing reserve funds 436,907 258 + 17,619 437,817 Reserve balances with F.R. Banks4 15,757 + 327 6,082 17,161 On February 14, 1996, the face amount of marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts was S 515.332 million, a change of -f $ 5,986 million for the week. The total includes the face value of U.S. Treasury strips and other zero coupon bonds. 1 Net of $ 17 026 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 11 655 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of S 15.225 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 11,525 million was with foreign official and international accounts. Includes $ 353 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 5,469 million and adjustments of $ 368 million to compensate for float. 4 Excludes required clearing balances and adjustments to compensate for float. * Estimated (Treasury's figures). Components may not add to totals due to rounding. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Worksheet for H.4.1 (a) CONSOLIDATED STATEMENT OF CONDITION OF ALL FEDERAL RESERVE BANKS Millions of dollars Change since ** WWeeddnneessddaayy Wednesday Wednesday Feb 14, 1996 Feb 7, 1996 Feb 15, 1995 ASSETS Gold certificate account 11,053 + 1 + 3 Special drawing rights certificate account 10,168 0 + 2,150 Coin 551 + 16 -f 112 Loans 29 + 15 24 Acceptances 0 0 0 Federal agency obligations Bought outright 2,634 0 912 Held under repurchase agreements1 0 0 0 U.S. government securities Bought outright--Bills 180,227 + 2,020 + 538 Notes 149,785 0 + 6,012 Bonds 4444,,006699 __ 00 + 1,322 Total bought outright2 337744,,008811 22,,002200 + 7,872 Held under repurchase agreements1 0 0 0 Total U.S. government securities 374,081 + 2,020 + 7,872 Total loans and securities 37o,744 + 2,035 + 6,936 Items in process of collection (<4< ) 6,579 + 578 + 135 Bank premises 1,138 + 4 + 62 Other assets3 30,792 + 283 - 1,156 TOTAL ASSETS (4SL) 437,024 + 2,916 + 8,241 LIABILITIES Federal Reserve notes 390,120 + 510 + 15,053 Deposits Depository institutions 23,362 + 2,234 7,216 U.S. Treasury--general account 5,177 - 42 57 Foreign--official accounts 173 - 62 • 7 Other (50) 378 + 18 - 8 Total deposits (50) 29,091 + 2,148 - 7,274 Deferred availability cash items (445) 5,203 - 186 + 332 Other liabilities and accrued dividends* 4,270 + 159 - 280 TOTAL LIABILITIES (495) 426,683 + 2,631 + 7,830 CAPITAL ACCOUNTS Capital paid in 4,024 + 17 + 264 Surplus 3,918 + 83 + 235 Other capital accounts 399 + 185 - 89 * Figures in parentheses are the eliminations made in the consolidation 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 $ 15.225 million matched sale-purchase transactions outstanding at the end of the latest statement week, includes $ 353 million securities loaned-fully secured by U.S. government securities. 3 Includes assets denominated in foreign currencies, revalued monthly ai: market exchange rates. Includes special investment account at Chicago of $ 130 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. Components may not add to totals due to rounding. MATURITY DISTRIBUTION OF LOANS AND SECURITIES, FEBRUARY 14, 1996 Acceptances and securities held under repurchase agreements are classified as maturing within 15 days in accordance with maximum maturity of the agreements. Millions of dollars ••••--•• ••••--•• —— •• •••• -- U.S. government Federal agency securities obligations LLooaannss AAcccceeppttaanncceess L, u ! Weekly Weekly Holdings Holdings changes changes Within 15 days 26 C WWiitthhiinn 1155 ddaayyss 16,830;- 4,018 0 0 16 days to 90 days 3 0 1166 ddaayyss ttoo 9900 ddaayyss 83,5291+ 1,538 909 + 50 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 119,37l|+ 4,500 604 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 85,96l| 0 5fa9 50 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 31,4b9| 0 527 0 OOvveerr 1100 yyeeaarrss 36,92l| 0 25 0 Total 29 0 TToottaall 374,0811+ 2,020 2,634 0 Components may not add to totals due to rounding. 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 14, 1996 Millions of dollars Total Boston NPW York Philadelphia Cleveland Richmond St. Louis Minneapolis Ka C n it s y a s Dallas Fra S n a c n is co ASSETS Gold certificate account 11,053 575 4,276 433 621 862 556 1,2^0 484 203 382 405 1,036 Special drawing rights certif. acct 10,168 511 3,903 413 584 790 523 1,079 490 180 342 376 977 Coin 551 25 21 28 32 87 83 51 30 24 59 54 57 Loans 29 2 0 13 0 0 1 4 0 6 3 0 0 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 2,634 130 1,047 114 152 202 122 304 121 48 101 85 209 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 180,227 8,864 71,632 7,819 10,390 13,842 8,367 20,778 8,248 3,254 6,886 5,843 14,304 Notes 149,785 7,367 59,533 6,498 8,635 11,504 6,954 17,268 6,855 2,704 5,723 4,856 11,888 Bonds 44,069 2,167 17,515 1,912 2,540 3,385 2,046 5,081 2,017 796 1,684 1,429 3,498 Total bought outright2 374,081 18,398 148,680 16,229 21,565 28,731 17,366 43,127 17,119 6,753 14,293 12,129 29,690 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 374,081 18,398 148,680 16,229 21,565 28,731 17,366 43,127 17,119 6,753 14,293 12,129 29,690 Total loans and securities 376,744 18,529 149,727 16,356 21,717 28,933 17,490 43,435 17,240 6,807 14,397 12,214 29,899 Items in process of collection 7,074 519 1,028 451 390 567 802 564 271 499 474 331 1,177 Bank premises 1,138 95 147 49 71 126 77 110 30 63 55 157 159 Other assets3 30,792 1,354 9,843 1,383 1,866 2,433 2,444 3,615 933 688 1,143 1,578 3,512 Interdistrict settlement account 0 +6,496 14,477 -2,002 -97 +3,218 +10,124 -5,431 -588 1,567 -3,839 +2,149 +6,015 TOTAL ASSETS 437,519 28,104 154,468 17,111 25,183 37,016 32,099 44,643 18,889 6,897 13,013 17,264 42,833 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 $ 1S,225 million matched sale purchase transactions outstanding at the end of the latest statement week. Includes $ 353 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 $ 130 million in Treasury bills maturing within 90 days. Components may not add to totals due to rounding. 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 14, 1996 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco LIABILITIES Federal Reserve notes 390,120 25,177 139,786 15,058 22,741 33,825 27,783 40,258 17,569 5,573 11,078 14,550 36,720 Deposits Depository institutions 23,362 1,928 4,674 1,230 1,409 1,623 2,551 2,290 684 587 1,053 1,795 3,538 U.S. Treasury-general account 5,177 0 5,177 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 173 6 68 7 9 11 14 17 4 4 5 9 20 Other 428 0 125 1 2 103 7 133 1 1 1 0 53 Total deposits 29,141 1,935 10,044 1,237 1,421 1,736 2,572 2,440 688 592 1,060 1,804 3,611 Deferred credit items 5,648 401 793 212 231 512 732 449 211 420 362 264 1,061 Other liabilities and accrued dividends1 4,270 222 1,512 220055 224499 333377 224400 448844 220022 110055 119922 116600 360 TOTAL LIABILITIES 429,178" 27,735 152,135 1166,,771122 2244,,664422 3366,,441100 3311,,332277 4433,,663311 1188,,667711 66,,669900 1122,,669933 1166,,777788 41,753 CAPITAL ACCOUNTS Capital paid in 4,024 175 1,083 193 262 289 396 481 99 101 152 247 545 Surplus 3,918 171 1,057 190 259 270 376 473 98 99 152 240 535 Other capital accounts 399 23 192 16 20 47 0 58 21 7 16 0 0 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 437,519 28,104 154,468 17,111 25,183 37,016 32,099 44,643 18,889 6,897 13,013 17,264 42,833 FEDERAL RESERVt AGENTS' ACCOUNTS F.R. notes outstanding 494,847 30,903 182,174 18,875 26,578 41,342 34,944 4H,°6 5 20,575 6,996 13,379 18,931 51,165 Less--Held by F.R. Banks 104,727 5,726 42,388 33,,881177 33,,883377 77,,551177 77..UU11 33,,000066 11,,442233 22,,330000 44,,338811 14,465 F.R. notes, net 390,120 25,177 139,786 1155,,005588 2222,,774411 3333,,882255 2277,,778833 44 JJ ,,<<__bb66 1177,,556699 55,,557733 1111,,007788 1144,,555500 36,720 Collateral held against F.R. notes Gold certificate account 11,053 Special drawing rights certificate account 10,168 Other eligible assets 0 U.S. govt, and agency securities 368,899 Total collateral 390,120 1 Includes exchange translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. Components may not add to totals due to rounding. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis