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 October 4, 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 Oct 3, 2007 Sep 26, 2007 Oct 4, 2006 Oct 3, 2007 Reserve Bank credit 861,582 + 2,035 + 32,175 854,970 Securities held outright 779,630 - 4 + 10,704 779,624 U.S. Treasury1 779,630 - 4 + 10,704 779,624 Bills2 267,019 0 - 10,000 267,019 Notes and bonds, nominal2 472,142 0 + 10,351 472,142 Notes and bonds, inflation-indexed2 35,753 0 + 9,734 35,753 Inflation compensation3 4,716 - 4 + 618 4,711 Federal agency2 0 0 0 0 Repurchase agreements4 41,893 + 2,786 + 20,679 35,250 Loans to depository institutions 202 - 104 - 141 179 Primary credit 27 - 61 - 13 26 Secondary credit 0 0 0 0 Seasonal credit 175 - 43 - 128 153 Float -1,047 - 870 - 701 -658 Other Federal Reserve assets 40,905 + 229 + 1,634 40,574 Gold stock 11,041 0 0 11,041 Special drawing rights certificate account 2,200 0 0 2,200 Treasury currency outstanding5 38,651 + 14 + 567 38,651 Total factors supplying reserve funds 913,474 + 2,050 + 32,742 906,861 Currency in circulation5 811,789 + 1,935 + 20,002 814,600 Reverse repurchase agreements6 35,242 + 104 + 4,744 34,542 Foreign official and international accounts 35,242 + 104 + 4,744 34,542 Dealers 0 0 0 0 Treasury cash holdings 337 + 4 + 186 340 Deposits with F.R. Banks, other than reserve balances 12,281 + 536 - 1,735 12,518 U.S. Treasury, general account 5,430 + 669 - 1,220 5,645 Foreign official 103 + 6 + 9 98 Service-related 6,469 - 180 - 523 6,469 Required clearing balances 6,469 - 180 - 523 6,469 Adjustments to compensate for float 0 0 0 0 Other 278 + 40 - 2 306 Other liabilities and capital 41,351 + 201 + 5,335 40,689 Total factors, other than reserve balances, absorbing reserve funds 900,999 + 2,779 + 28,532 902,690 Reserve balances with Federal Reserve Banks 12,475 - 729 + 4,209 4,172 Memo (off-balance-sheet items): Marketable securities held in custody for foreign official and international accounts2,7 1,998,409 + 3,163 + 323,745 1,998,716 U.S. Treasury 1,214,132 - 710 + 82,767 1,215,623 Federal agency 784,277 + 3,873 + 240,979 783,093 Securities lent to dealers 3,729 + 410 + 2,120 6,021 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 Oct 3, 2007 Sep 26, 2007 Oct 4, 2006 Assets Gold certificate account 11,037 0 0 Special drawing rights certificate account 2,200 0 0 Coin 1,120 + 15 + 272 Securities, repurchase agreements, and loans 815,053 - 20,787 + 27,605 Securities held outright 779,624 - 9 + 10,692 U.S. Treasury1 779,624 - 9 + 10,692 Bills2 267,019 0 - 10,000 Notes and bonds, nominal2 472,142 0 + 10,351 Notes and bonds, inflation-indexed2 35,753 0 + 9,734 Inflation compensation3 4,711 - 8 + 607 Federal agency2 0 0 0 Repurchase agreements4 35,250 - 20,750 + 17,000 Loans 179 - 28 - 88 Items in process of collection (823) 2,678 + 71 - 2,321 Bank premises 2,103 + 13 + 202 Other assets5 38,576 - 237 + 709 Total assets (823) 872,766 - 20,925 + 26,466 Liabilities Federal Reserve notes, net of F.R. Bank holdings 777,405 + 2,562 + 20,312 Reverse repurchase agreements6 34,542 - 770 + 5,330 Deposits (0) 16,793 - 22,718 - 2,730 Depository institutions 10,744 - 23,495 - 2,131 U.S. Treasury, general account 5,645 + 702 - 577 Foreign official 98 + 2 + 6 Other (0) 306 + 73 - 28 Deferred availability cash items (823) 3,337 + 157 - 1,514 Other liabilities and accrued dividends7 6,004 - 2 + 602 Total liabilities (823) 838,080 - 20,771 + 22,000 Capital accounts Capital paid in 17,290 + 143 + 2,213 Surplus 15,438 + 13 + 2,537 Other capital accounts 1,958 - 310 - 284 Total capital 34,686 - 154 + 4,466 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, October 3, 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 47 46,514 - 5,648 0 0 35,250 34,542 16 days to 90 days 132 164,935 + 7,342 0 0 0 0 91 days to 1 year 0 169,183 - 3,182 0 0 . . . . . . Over 1 year to 5 years . . . 237,311 + 1,483 0 0 . . . . . . Over 5 years to 10 years . . . 75,487 - 1 0 0 . . . . . . Over 10 years . . . 86,195 - 3 0 0 . . . . . . All 179 779,624 - 9 0 0 35,250 34,542 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 October 3, 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 1,1 2 0 3 7 6 2 8 1 1 0 0 1 1 9 1 5 8 1 2 8 4 9 4 0 8 1 1 1 9 147 Securities, repurchase agreements, and loans 815,0 5 3 37,5 5 4 295,0 6 4 36,0 5 8 33,3 4 7 70,6 2 7 75,5 7 8 68,3 7 9 26,0 7 1 16,3 0 5 26,4 1 3 35,8 1 1 93,846 Securities held outright 779,6 2 4 35,9 3 0 282,3 0 0 34,4 9 1 31,9 0 5 67,5 4 8 72,3 0 8 65,3 9 2 24,9 1 8 15,5 5 5 25,2 3 7 34,2 5 4 89,786 U.S. Treasury1 779,6 2 4 35,9 3 0 282,3 0 0 34,4 9 1 31,9 0 5 67,5 4 8 72,3 0 8 65,3 9 2 24,9 1 8 15,5 5 5 25,2 3 7 34,2 5 4 89,786 Bills2 267,0 1 9 12,3 0 6 96,6 8 7 11,8 1 3 10,9 2 7 23,1 3 5 24,7 6 5 22,3 9 7 8,5 3 4 5,3 2 8 8,6 4 4 11,7 3 2 30,752 Notes and bonds3 512,6 0 6 23,6 2 4 185,6 1 3 22,6 7 8 20,9 7 7 44,4 1 3 47,5 4 3 42,9 9 6 16,3 8 3 10,2 2 8 16,5 9 3 22,5 2 2 59,035 Federal agency2 0 0 0 0 0 0 0 0 0 0 0 0 0 Repurchase agreements4 35,2 5 0 1,6 2 5 12,7 6 4 1,5 5 9 1,4 4 3 3,0 5 4 3,2 6 9 2,9 5 7 1,1 2 7 7 0 3 1,1 4 1 1,5 4 9 4,060 Loans 1 7 9 0 0 7 0 2 5 0 3 0 2 7 4 7 3 5 8 0 Items in process of collection 3,5 0 1 1 2 2 5 2 3 5 0 3 0 1 1 6 5 2 7 7 2 6 2 1 4 9 2 4 9 5 8 6 2 7 4 713 Bank premises 2,1 0 3 1 1 9 2 1 7 6 2 1 5 4 1 7 7 2 3 0 2 0 6 1 0 4 1 1 3 2 5 4 2 5 9 209 Other assets5 38,5 7 6 1,2 7 9 11,9 0 8 3,2 8 6 2,2 3 2 7,3 2 1 3,2 9 1 2,4 9 9 7 6 6 7 2 5 7 6 1 9 9 5 3,513 Interdistrict settlement account 0 - 4,4 5 8 +11,0 8 6 - 1,3 1 1 - 2,1 3 6 + 2,6 9 2 + 3,4 0 3 - 5 8 2 - 1 9 7 - 1,5 6 5 + 2 2 2 - 3,2 4 7 - 3,908 Total assets 873,5 8 9 35,2 1 7 323,3 1 5 39,0 6 4 34,5 2 9 82,1 1 8 84,2 2 0 72,0 0 7 27,3 3 9 16,1 0 1 28,7 1 8 34,9 2 1 96,040 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 October 3, 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 1,001,3 3 1 37,0 1 7 364,7 4 8 40,7 6 8 38,1 5 5 81,6 7 9 111,4 1 0 79,9 0 1 29,1 6 2 17,1 7 1 30,1 9 8 57,6 0 4 113,520 Less: notes held by F.R. Banks 223,9 2 7 5,8 9 1 72,6 5 0 8,0 1 1 8,7 3 1 15,0 5 3 35,0 4 2 14,6 4 9 3,9 9 0 3,1 4 8 3,8 4 6 25,9 6 0 26,955 Federal Reserve notes, net 777,4 0 5 31,1 2 6 292,0 9 8 32,7 5 7 29,4 2 4 66,6 2 6 76,3 6 8 65,2 5 2 25,1 7 1 14,0 2 2 26,3 5 2 31,6 4 4 86,564 Reverse repurchase agreements1 34,5 4 2 1,5 9 2 12,5 0 7 1,5 2 8 1,4 1 4 2,9 9 3 3,2 0 4 2,8 9 7 1,1 0 4 6 8 9 1,1 1 8 1,5 1 8 3,978 Deposits 16,7 9 4 4 9 3 8,0 0 6 3 5 3 6 7 4 1,9 6 5 1,0 4 6 1,1 8 7 3 1 8 2 2 4 3 8 0 6 1 4 1,534 Depository institutions 10,7 4 4 4 8 6 2,1 2 1 3 4 9 6 7 1 1,8 3 1 1,0 4 2 1,1 8 4 3 1 5 2 2 3 3 7 8 6 1 3 1,530 U.S. Treasury, general account 5,6 4 5 0 5,6 4 5 0 0 0 0 0 0 0 0 0 0 Foreign official 9 8 1 6 8 5 3 1 1 3 2 0 1 0 1 3 Other 3 0 6 6 1 7 2 0 0 1 2 3 0 0 3 0 1 0 0 Deferred availability cash items 4,1 5 9 2 1 6 1 2 3 5 1 0 5 5 3 2 8 9 4 7 9 3 3 3 1 4 3 2 9 5 2 5 4 2 5 8 708 Other liabilities and accrued dividends2 6,0 0 4 2 7 1 1,7 9 6 2 8 0 2 7 4 8 9 6 5 6 1 4 7 5 2 2 5 1 5 8 2 1 3 2 7 7 576 Total liabilities 838,9 0 4 33,6 9 7 314,5 3 0 35,4 2 8 32,3 3 9 72,7 6 9 81,6 5 8 70,1 4 4 26,9 6 2 15,3 8 8 28,3 1 7 34,3 1 0 93,361 Capital Capital paid in 17,2 9 0 9 7 3 4,2 8 9 1,8 1 0 1,0 8 9 4,6 6 1 1,2 2 9 9 0 9 1 7 9 3 5 3 1 9 0 2 9 7 1,310 Surplus 15,4 3 8 3 9 6 3,8 2 7 1,8 1 1 1,0 8 7 4,0 9 8 1,2 7 8 8 6 0 1 6 7 2 7 6 1 7 6 2 1 4 1,248 Other capital 1,9 5 8 1 5 0 6 6 9 1 4 1 5 5 9 0 5 6 9 3 3 1 8 4 3 5 1 0 0 122 Total liabilities and capital 873,5 8 9 35,2 1 7 323,3 1 5 39,0 6 4 34,5 2 9 82,1 1 8 84,2 2 0 72,0 0 7 27,3 3 9 16,1 0 1 28,7 1 8 34,9 2 1 96,040 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 Oct 3, 2007 Federal Reserve notes outstanding 1,001,331 Less: Notes held by F.R. Banks not subject to collateralization 223,927 Federal Reserve notes to be collateralized 777,405 Collateral held against Federal Reserve notes 777,405 Gold certificate account 11,037 Special drawing rights certificate account 2,200 U.S. Treasury and agency securities pledged1 764,168 Other assets pledged 0 Memo: Total U.S. Treasury and agency securities1 814,874 Less: face value of securities under reverse repurchase agreements 34,586 U.S. Treasury and agency securities eligible to be pledged 780,288 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.