H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE statistical release H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks August 30, 2007 1. Factors Affecting Reserve Balances of Depository Institutions Millions of dollars Reserve Bank credit, related items, and Averages of daily figures reserve balances of depository institutions Week ended Change from week ended Wednesday at Federal Reserve Banks Aug 29, 2007 Aug 22, 2007 Aug 30, 2006 Aug 29, 2007 Reserve Bank credit 849,988 - 1,708 + 21,262 859,211 Securities held outright 784,630 - 4,983 + 19,232 784,637 U.S. Treasury1 784,630 - 4,983 + 19,232 784,637 Bills2 272,019 - 5,000 - 5,000 272,019 Notes and bonds, nominal2 472,142 0 + 13,782 472,142 Notes and bonds, inflation-indexed2 35,753 0 + 9,734 35,753 Inflation compensation3 4,717 + 18 + 716 4,723 Federal agency2 0 0 0 0 Repurchase agreements4 24,571 + 1,964 + 178 33,750 Loans to depository institutions 1,577 + 36 + 1,165 1,357 Primary credit 1,315 + 115 + 1,263 1,101 Secondary credit 0 - 85 0 0 Seasonal credit 262 + 6 - 99 257 Float 7 + 762 + 229 33 Other Federal Reserve assets 39,203 + 513 + 457 39,434 Gold stock 11,041 0 0 11,041 Special drawing rights certificate account 2,200 0 0 2,200 Treasury currency outstanding5 38,633 + 14 + 608 38,633 Total factors supplying reserve funds 901,862 - 1,694 + 21,870 911,086 Currency in circulation5 809,918 - 1,166 + 16,380 812,481 Reverse repurchase agreements6 30,888 - 463 + 5,120 31,210 Foreign official and international accounts 30,888 - 463 + 5,120 31,210 Dealers 0 0 0 0 Treasury cash holdings 309 + 29 + 139 329 Deposits with F.R. Banks, other than reserve balances 12,289 + 55 - 140 12,122 U.S. Treasury, general account 5,089 + 247 - 6 4,924 Foreign official 95 - 4 + 5 95 Service-related 6,853 - 5 - 127 6,853 Required clearing balances 6,853 - 2 - 127 6,853 Adjustments to compensate for float 0 - 3 0 0 Other 252 - 182 - 11 250 Other liabilities and capital 40,717 + 274 + 5,075 40,291 Total factors, other than reserve balances, absorbing reserve funds 894,122 - 1,270 + 26,575 896,434 Reserve balances with Federal Reserve Banks 7,741 - 423 - 4,704 14,652 Memo (off-balance-sheet items): Marketable securities held in custody for foreign official and international accounts2,7 1,979,353 - 7,058 + 300,473 1,982,579 U.S. Treasury 1,205,372 - 13,458 + 61,554 1,206,794 Federal agency 773,981 + 6,399 + 238,919 775,785 Securities lent to dealers 5,268 + 187 + 999 8,567 Note: Components may not sum to totals because of rounding. 1. Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities. 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. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities. 5. Estimated. 6. Cash value of agreements, which are collateralized by U.S. Treasury securities. 7. Includes U.S. Treasury STRIPS and other zero coupon bonds at face value. Sources: Federal Reserve Banks and the U.S. Department of the Treasury.

H.4.1 2. Consolidated Statement of Condition of All Federal Reserve Banks Millions of dollars Change since Eliminations from Assets, liabilities, and capital consolidation Wednesday Wednesday Wednesday Aug 29, 2007 Aug 22, 2007 Aug 30, 2006 Assets Gold certificate account 11,037 0 0 Special drawing rights certificate account 2,200 0 0 Coin 1,014 - 3 + 233 Securities, repurchase agreements, and loans 819,744 + 8,863 + 22,064 Securities held outright 784,637 - 4,982 + 17,899 U.S. Treasury1 784,637 - 4,982 + 17,899 Bills2 272,019 - 5,000 - 5,000 Notes and bonds, nominal2 472,142 0 + 12,447 Notes and bonds, inflation-indexed2 35,753 0 + 9,734 Inflation compensation3 4,723 + 17 + 717 Federal agency2 0 0 0 Repurchase agreements4 33,750 + 14,750 + 3,500 Loans 1,357 - 905 + 664 Items in process of collection (716) 3,255 + 600 - 805 Bank premises 2,071 + 3 + 194 Other assets5 37,450 + 555 + 279 Total assets (716) 876,771 + 10,018 + 21,965 Liabilities Federal Reserve notes, net of F.R. Bank holdings 775,186 + 646 + 15,180 Reverse repurchase agreements6 31,210 + 1,254 + 5,126 Deposits (0) 26,861 + 8,092 - 1,970 Depository institutions 21,592 + 8,510 - 1,976 U.S. Treasury, general account 4,924 - 405 + 5 Foreign official 95 0 + 6 Other (0) 250 - 13 - 5 Deferred availability cash items (716) 3,222 + 34 - 1,240 Other liabilities and accrued dividends7 6,006 - 24 + 676 Total liabilities (716) 842,486 + 10,003 + 17,772 Capital accounts Capital paid in 16,847 + 6 + 1,787 Surplus 15,423 + 11 + 2,522 Other capital accounts 2,015 - 1 - 116 Total capital 34,285 + 15 + 4,193 Note: Components may not sum to totals because of rounding. 1. Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities. 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. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities. 5. Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates. 6. Cash value of agreements, which are collateralized by U.S. Treasury securities. 7. Includes exchange-translation account reflecting the daily revaluation at market exchange rates of foreign exchange commitments. 3. Maturity Distribution of Loans and Securities, August 29, 2007 Millions of dollars U.S. Treasury Federal agency Reverse securities1 securities Repurchase Maturity Loans repurchase Weekly Weekly agreements2 Holdings Holdings agreements2 changes changes Within 15 days 257 57,974 - 686 0 0 33,750 31,210 16 days to 90 days 1,100 156,116 - 5,490 0 0 0 0 91 days to 1 year 0 174,430 + 1,176 0 0 . . . . . . Over 1 year to 5 years . . . 234,428 + 7 0 0 . . . . . . Over 5 years to 10 years . . . 75,489 + 3 0 0 . . . . . . Over 10 years . . . 86,200 + 8 0 0 . . . . . . All 1,357 784,637 - 4,982 0 0 33,750 31,210 Note: Components may not sum to totals because of rounding. . . . Not applicable. 1. 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. 2. Cash value of agreements classified by remaining maturity of the agreements.

H.4.1 4. Statement of Condition of Each Federal Reserve Bank on August 29, 2007 Millions of dollars Kansas San Assets, liabilities, and capital Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco Assets Gold certificate account 11,0 3 7 4 4 9 4,0 5 3 4 5 5 4 2 8 8 6 9 1,1 1 7 9 0 3 3 2 6 2 0 3 3 3 5 6 1 3 1,286 Special drawing rights certificate acct. 2,2 0 0 1 1 5 8 7 4 8 3 1 0 4 1 4 7 1 6 6 2 1 2 7 1 3 0 6 6 9 8 234 Coin 1,0 1 4 2 6 5 6 6 7 9 5 1 0 8 1 3 8 1 2 0 4 6 3 7 7 6 1 1 1 134 Securities, repurchase agreements, and loans 819,7 4 4 37,7 1 6 296,8 8 6 36,2 1 4 33,4 9 1 71,4 5 7 75,9 0 9 68,6 8 9 26,2 2 0 16,4 0 0 26,5 3 2 35,9 6 8 94,262 Securities held outright 784,6 3 7 36,1 6 1 284,1 1 5 34,7 1 3 32,1 1 0 67,9 8 3 72,7 7 3 65,8 1 3 25,0 7 8 15,6 5 5 25,3 9 9 34,4 7 4 90,364 U.S. Treasury1 784,6 3 7 36,1 6 1 284,1 1 5 34,7 1 3 32,1 1 0 67,9 8 3 72,7 7 3 65,8 1 3 25,0 7 8 15,6 5 5 25,3 9 9 34,4 7 4 90,364 Bills2 272,0 1 9 12,5 3 6 98,4 9 7 12,0 3 4 11,1 3 2 23,5 6 8 25,2 2 9 22,8 1 6 8,6 9 4 5,4 2 7 8,8 0 5 11,9 5 2 31,327 Notes and bonds3 512,6 1 8 23,6 2 4 185,6 1 8 22,6 7 8 20,9 7 8 44,4 1 4 47,5 4 4 42,9 9 7 16,3 8 4 10,2 2 8 16,5 9 4 22,5 2 3 59,036 Federal agency2 0 0 0 0 0 0 0 0 0 0 0 0 0 Repurchase agreements4 33,7 5 0 1,5 5 5 12,2 2 1 1,4 9 3 1,3 8 1 2,9 2 4 3,1 3 0 2,8 3 1 1,0 7 9 6 7 3 1,0 9 3 1,4 8 3 3,887 Loans 1,3 5 7 0 5 5 0 8 0 5 5 0 5 4 6 6 4 7 2 4 0 1 1 12 Items in process of collection 3,9 7 1 1 5 3 6 4 4 1 6 3 4 1 2 0 8 3 1 8 8 4 8 9 2 2 2 1 2 9 1 2 3 2 788 Bank premises 2,0 7 1 1 1 9 2 1 8 5 7 1 5 5 1 7 5 2 3 0 2 0 7 1 0 0 1 1 4 2 3 4 2 6 0 203 Other assets5 37,4 5 0 1,2 3 3 11,5 2 7 3,3 0 9 2,1 7 0 7,1 2 9 3,1 7 9 2,4 1 0 7 1 8 6 9 9 7 2 6 9 5 5 3,393 Interdistrict settlement account 0 - 4,5 8 9 + 7,9 9 3 - 8 8 8 - 1,5 1 0 + 2,1 3 1 + 5,0 2 3 - 1,3 0 7 - 2 3 6 - 1,6 5 9 + 6 4 2 - 2,7 1 6 - 2,885 Total assets 877,4 8 7 35,2 2 2 321,6 7 1 39,7 1 3 35,2 7 4 82,2 2 3 86,0 7 9 72,0 8 2 27,3 3 6 16,0 4 6 28,9 0 3 35,5 2 2 97,416 Note: Components may not sum to totals because of rounding. 1. Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities. 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. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities. 5. Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates.

H.4.1 4. Statement of Condition of Each Federal Reserve Bank on August 29, 2007 (continued) Millions of dollars Kansas San Assets, liabilities, and capital Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco Liabilities Federal Reserve notes outstanding 994,7 4 9 37,3 2 9 356,8 2 0 41,1 5 6 38,1 8 9 81,4 7 5 110,8 1 8 80,2 0 1 29,3 2 6 17,3 0 4 30,2 9 3 57,8 5 8 113,980 Less: notes held by F.R. Banks 219,5 6 2 5,6 5 6 71,2 1 6 7,8 1 3 8,9 7 8 15,1 3 7 32,6 0 6 14,6 6 4 3,9 9 1 3,2 3 4 3,7 1 3 25,6 8 1 26,874 Federal Reserve notes, net 775,1 8 6 31,6 7 3 285,6 0 3 33,3 4 3 29,2 1 1 66,3 3 7 78,2 1 2 65,5 3 6 25,3 3 5 14,0 7 0 26,5 8 1 32,1 7 7 87,107 Reverse repurchase agreements1 31,2 1 0 1,4 3 8 11,3 0 1 1,3 8 1 1,2 7 7 2,7 0 4 2,8 9 5 2,6 1 8 9 9 8 6 2 3 1,0 1 0 1,3 7 1 3,594 Deposits 26,8 6 1 8 2 8 13,7 6 1 4 8 9 1,6 0 8 2,8 7 2 1,4 6 7 1,2 4 1 3 3 1 2 4 0 4 8 1 7 3 7 2,807 Depository institutions 21,5 9 2 8 2 5 8,6 0 3 4 8 4 1,6 0 4 2,7 8 6 1,4 6 3 1,2 3 8 3 3 0 2 3 9 4 7 9 7 3 7 2,804 U.S. Treasury, general account 4,9 2 4 0 4,9 2 4 0 0 0 0 0 0 0 0 0 0 Foreign official 9 5 1 6 5 5 3 1 1 3 2 0 1 0 1 3 Other 2 5 0 2 1 6 9 0 1 7 6 0 1 1 0 1 0 0 Deferred availability cash items 3,9 3 8 2 0 4 8 2 5 6 3 5 9 6 2 5 4 3 6 6 3 4 7 8 0 2 5 2 2 2 5 3 4 8 621 Other liabilities and accrued dividends2 6,0 0 6 2 6 2 1,8 3 4 2 7 8 2 7 6 8 5 4 5 6 2 4 8 3 2 2 1 1 5 7 2 0 7 2 8 4 587 Total liabilities 843,2 0 1 34,4 0 5 312,5 8 0 36,0 5 3 32,9 7 0 73,0 2 1 83,5 0 1 70,2 2 6 26,9 6 5 15,3 4 1 28,5 0 4 34,9 1 7 94,717 Capital Capital paid in 16,8 4 7 3 8 8 4,4 0 6 1,8 0 8 1,1 3 6 4,6 7 6 1,2 2 9 8 9 7 1 7 6 3 5 0 1 8 9 2 8 7 1,306 Surplus 15,4 2 3 3 9 6 3,8 1 6 1,8 1 1 1,0 8 7 4,0 9 7 1,2 7 7 8 6 0 1 6 7 2 7 6 1 7 6 2 1 4 1,248 Other capital 2,0 1 5 3 4 8 6 9 4 1 8 2 4 2 9 7 1 9 9 2 9 7 8 3 4 1 0 3 145 Total liabilities and capital 877,4 8 7 35,2 2 2 321,6 7 1 39,7 1 3 35,2 7 4 82,2 2 3 86,0 7 9 72,0 8 2 27,3 3 6 16,0 4 6 28,9 0 3 35,5 2 2 97,416 Note: Components may not sum to totals because of rounding. 1. Cash value of agreements, which are collateralized by U.S. Treasury securities. 2. Includes exchange-translation account reflecting the daily revaluation at market exchange rates of foreign exchange commitments. 5. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts Millions of dollars Wednesday Federal Reserve notes and collateral Aug 29, 2007 Federal Reserve notes outstanding 994,749 Less: Notes held by F.R. Banks not subject to collateralization 219,562 Federal Reserve notes to be collateralized 775,186 Collateral held against Federal Reserve notes 775,186 Gold certificate account 11,037 Special drawing rights certificate account 2,200 U.S. Treasury and agency securities pledged1 761,949 Other assets pledged 0 Memo: Total U.S. Treasury and agency securities1 818,387 Less: face value of securities under reverse repurchase agreements 31,249 U.S. Treasury and agency securities eligible to be pledged 787,137 Note: Components may not sum to totals because of rounding. 1. Includes face value of U.S. Treasury and agency 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.