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 September 17, 2009 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 Sep 16, 2009 Sep 9, 2009 Sep 17, 2008 Sep 16, 2009 Reserve Bank credit 2,088,554 + 18,966 +1,155,924 2,125,180 Securities held outright1 1,532,747 + 31,378 +1,052,929 1,570,018 U.S. Treasury securities 758,053 + 4,518 + 278,235 759,803 Bills2 18,423 0 - 3,317 18,423 Notes and bonds, nominal2 689,318 + 4,536 + 277,587 691,074 Notes and bonds, inflation-indexed2 44,588 0 + 4,756 44,588 Inflation compensation3 5,725 - 17 - 790 5,718 Federal agency debt securities2 123,992 + 1,416 + 123,992 125,159 Mortgage-backed securities4 650,702 + 25,445 + 650,702 685,056 Repurchase agreements5 0 0 - 124,500 0 Term auction credit 196,020 - 16,090 + 46,020 196,020 Other loans 111,490 + 4,337 + 63,521 111,879 Primary credit 28,681 - 1,693 + 7,083 28,199 Secondary credit 561 - 20 + 553 558 Seasonal credit 113 + 6 + 17 118 Primary dealer and other broker-dealer credit6 0 0 - 20,268 0 Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility 79 0 + 79 79 Credit extended to American International Group, Inc., net7 39,428 + 537 + 33,428 39,371 Term Asset-Backed Securities Loan Facility 42,629 + 5,508 + 42,629 43,555 Other credit extensions 0 0 0 0 Net portfolio holdings of Commercial Paper Funding Facility LLC8 44,779 - 2,360 + 44,779 42,974 Net portfolio holdings of LLCs funded through the Money Market Investor Funding Facility9 0 0 0 0 Net portfolio holdings of Maiden Lane LLC10 26,114 + 31 - 3,219 26,146 Net portfolio holdings of Maiden Lane II LLC11 14,639 - 41 + 14,639 14,649 Net portfolio holdings of Maiden Lane III LLC12 20,516 + 86 + 20,516 20,545 Float -2,057 - 162 - 987 -2,358 Central bank liquidity swaps13 61,101 - 506 - 899 61,101 Other Federal Reserve assets14 83,205 + 2,294 + 43,126 84,207 Gold stock 11,041 0 0 11,041 Special drawing rights certificate account 2,200 0 0 2,200 Treasury currency outstanding15 42,469 - 82 + 3,794 42,449 Total factors supplying reserve funds 2,144,264 + 18,884 +1,159,718 2,180,871 Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

H.4.1 1. Factors Affecting Reserve Balances of Depository Institutions (continued) 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 Sep 16, 2009 Sep 9, 2009 Sep 17, 2008 Sep 16, 2009 Currency in circulation15 914,350 - 1,568 + 82,049 914 ,179 Reverse repurchase agreements16 66,951 + 425 + 21,208 68,934 Foreign official and international accounts 66,951 + 425 + 21,208 68,934 Dealers 0 0 0 0 Treasury cash holdings 266 + 10 - 1 277 Deposits with F.R. Banks, other than reserve balances 234,973 + 11,203 + 220,607 278,897 U.S. Treasury, general account 25,346 + 8,548 + 20,405 72,399 U.S. Treasury, supplementary financing account 199,932 0 + 199,932 199,932 Foreign official 2,358 - 156 + 2,190 2,369 Service-related 3,866 - 211 - 3,494 3,866 Required clearing balances 3,866 - 211 - 3,494 3,866 Adjustments to compensate for float 0 0 0 0 Other 3,470 + 3,022 + 1,573 330 Other liabilities and capital17 60,096 + 644 + 15,227 59,601 Total factors, other than reserve balances, absorbing reserve funds 1,276,635 + 10,713 + 339,089 1,321,887 Reserve balances with Federal Reserve Banks 867,629 + 8,171 + 820,629 858,984 Note: Components may not sum to totals because of rounding. 1. Includes securities lent to dealers under the overnight and term securities lending facilities; refer to table 1A. 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. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the underlying mortgages. 5. Cash value of agreements. 6. Includes credit extended through the Primary Dealer Credit Facility and credit extended to certain other broker-dealers. 7. Includes outstanding principal and capitalized interest net of unamortized deferred commitment fees and allowance for loan restructuring. Excludes credit extended to consolidated LLCs. 8. Refer to table 7 and the note on consolidation accompanying table 10. 9. Refer to table 8 and the note on consolidation accompanying table 10. 10.Refer to table 4 and the note on consolidation accompanying table 10. 11.Refer to table 5 and the note on consolidation accompanying table 10. 12.Refer to table 6 and the note on consolidation accompanying table 10. 13.Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was acquired from the foreign central bank. 14.Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates. 15.Estimated. 16.Cash value of agreements, which are collateralized by U.S. Treasury securities. 17.Includes the liabilities of Commercial Paper Funding Facility LLC, the LLCs funded through the Money Market Investor Funding Facility, Maiden Lane LLC, Maiden Lane II LLC, and Maiden Lane III LLC to entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 8 and the note on consolidation accompanying table 10. Sources: Federal Reserve Banks and the U.S. Department of the Treasury.

H.4.1 1A. Memorandum Items Millions of dollars Averages of daily figures Wednesday Memorandum item Week ended Change from week ended Sep 16, 2009 Sep 16, 2009 Sep 9, 2009 Sep 17, 2008 Marketable securities held in custody for foreign official and international accounts1 2,842,801 + 15,002 + 433,946 2,852,457 U.S. Treasury securities 2,068,794 + 18,744 + 619,181 2,080,631 Federal agency securities2 774,007 - 3,742 - 185,235 771,826 Securities lent to dealers 9,883 - 2,152 - 115,791 10,420 Overnight facility3 9,883 - 2,152 + 1,479 10,420 U.S. Treasury securities 9,649 - 2,163 + 1,245 10,166 Federal agency debt securities 234 + 11 + 234 254 Term facility4 0 0 - 117,270 0 Note: Components may not sum to totals because of rounding. 1. Face value of the securities. Includes U.S. Treasury STRIPS, other zero-coupon bonds, and mortgage-backed securities at face value. 2. Includes debt and mortgage-backed securities. 3. Fully collateralized by U.S. Treasury securities. 4. U.S. Treasury securities only. Fully collateralized by U.S. Treasury securities, federal agency securities, and other highly rated debt securities. 2. Maturity Distribution of Term Auction Credit, Other Loans, and Securities, September 16, 2009 Millions of dollars Remaining maturity Within 15 days 16 days to 91 days to Over 1 year Over 5 years Over 10 All 90 days 1 year to 5 years to 10 years years Term auction credit 73,404 122,616 ... ... ... ... 196,020 Other loans1 21,923 7,030 0 82,926 0 ... 111,879 U.S. Treasury securities2 Holdings 14,121 23,767 58,477 317,171 206,079 140,188 759,803 Weekly changes - 668 + 918 + 433 - 757 + 38 + 2,067 + 2,031 Federal agency debt securities3 Holdings 0 30 17,583 79,367 26,162 2,017 125,159 Weekly changes - 750 + 30 + 1,953 - 109 + 919 0 + 2,043 Mortgage-backed securities4 Holdings 0 0 0 0 0 685,056 685,056 Weekly changes 0 0 0 0 0 + 59,778 + 59,778 Commercial paper held by Commercial Paper Funding Facility LLC5 1,716 36,815 0 ... ... ... 38,531 Money market instruments held by LLCs funded through the Money Market Investor Funding Facility6 0 0 0 ... ... ... 0 Repurchase agreements7 0 0 ... ... ... ... 0 Central bank liquidity swaps8 47,419 13,682 0 0 0 0 61,101 Reverse repurchase agreements7 68,934 0 ... ... ... ... 68,934 Note: Components may not sum to totals because of rounding. . . . Not applicable. 1. Excludes the loans from the Federal Reserve Bank of New York (FRBNY) to Commercial Paper Funding Facility LLC, the LLCs funded through the Money Market Investor Funding Facility, Maiden Lane LLC, Maiden Lane II LLC, and Maiden Lane III LLC. The loans were eliminated when preparing the FRBNY's statement of condition consistent with consolidation under generally accepted accounting principles. 2. Face value. For inflation-indexed securities, includes the original face value and compensation that adjusts for the effect of inflation on the original face value of such securities. 3. Face value. 4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the underlying mortgages. 5. Face value of commercial paper held by Commercial Paper Funding Facility LLC. 6. Face value of money market instruments held by LLCs funded through the Money Market Investor Funding Facility. 7. Cash value of agreements. 8. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was acquired from the foreign central bank.

H.4.1 3. Supplemental Information on Mortgage-Backed Securities Purchase Program Millions of dollars Wednesday Account name Sep 16, 2009 Mortgage-backed securities held outright1 685,056 Commitments to buy mortgage-backed securities2 149,775 Commitments to sell mortgage-backed securities2 3,370 Cash and cash equivalents3 194 1. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the underlying mortgages. 2. Current face value. Generally settle within 180 days and include commitments associated with outright transactions as well as dollar rolls. 3. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 9 and table 10. 4. Information on Principal Accounts of Maiden Lane LLC Millions of dollars Wednesday Account name Sep 16, 2009 Net portfolio holdings of Maiden Lane LLC1 26,146 Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 28,820 Accrued interest payable to the Federal Reserve Bank of New York2 371 Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co.3 1,230 1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of June 30, 2009. Any assets purchased after this valuation date are initially recorded at cost until their estimated fair value as of the purchase date becomes available. 2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 10. 3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in table 9 and table 10. Note: On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to acquire certain assets of Bear Stearns and to manage those assets through time to maximize repayment of the credit extended and to minimize disruption to financial markets. Payments by Maiden Lane LLC from the proceeds of the net portfolio holdings will be made in the following order: operating expenses of the LLC, principal due to the FRBNY, interest due to the FRBNY, principal due to JPMorgan Chase & Co., and interest due to JPMorgan Chase & Co. Any remaining funds will be paid to the FRBNY. 5. Information on Principal Accounts of Maiden Lane II LLC Millions of dollars Wednesday Account name Sep 16, 2009 Net portfolio holdings of Maiden Lane II LLC1 14,649 Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 16,587 Accrued interest payable to the Federal Reserve Bank of New York2 207 Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc.3 1,027 1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if th e transaction were to be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of June 30, 2009. Any assets purchased after this valuation date are initially recorded at cost until their estimated fair value as of the purchase date becomes available. 2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 10. 3. Book value. The deferred payment represents the portion of the proceeds of the net portfolio holdings due to subsidiaries of American International Group, Inc. in accordance with the asset purchase agreement. The fair value of this payment and accrued interest payable are included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in table 9 and table 10. Note: On December 12, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane II LLC under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment portfolio of subsidiaries of American International Group, Inc. (AIG subsidiaries). Payments by Maiden Lane II LLC from the proceeds of the net portfolio holdings will be made in the following order: operating expenses of Maiden Lane II LLC, principal due to the FRBNY, interest due to the FRBNY, and deferred payment and interest due to AIG subsidiaries. Any remaining funds will be shared by the FRBNY and AIG subsidiaries.

H.4.1 6. Information on Principal Accounts of Maiden Lane III LLC Millions of dollars Wednesday Account name Sep 16, 2009 Net portfolio holdings of Maiden Lane III LLC1 20,545 Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 19,574 Accrued interest payable to the Federal Reserve Bank of New York2 272 Outstanding principal amount and accrued interest on loan payable to American International Group, Inc.3 5,144 1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of June 30, 2009. Any assets purchased after this valuation date are initially recorded at cost until their estimated fair value as of the purchase date becomes available. 2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 10. 3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in table 9 and table 10. Note: On November 25, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane III LLC under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase multi-sector collateralized debt obligations (CDOs) on which the Financial Products group of American International Group, Inc. (AIG) has written credit default swap (CDS) contracts. In connection with the purchase of CDOs, the CDS counterparties will concurrently unwind the related CDS transactions. Payments by Maiden Lane III LLC from the proceeds of the net portfolio holdings will be made in the following order: operating expenses of Maiden Lane III LLC, principal due to the FRBNY, interest due to the FRBNY, principal due to AIG, and interest due to AIG. Any remaining funds will be shared by the FRBNY and AIG. 7. Information on Principal Accounts of Commercial Paper Funding Facility LLC Millions of dollars Wednesday Account name Sep 16, 2009 Commercial paper holdings, net1 38,397 Other investments, net 4,577 Net portfolio holdings of Commercial Paper Funding Facility LLC 42,974 Memorandum: Commercial paper holdings, face value 38,531 Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 38,278 Accrued interest payable to the Federal Reserve Bank of New York2 13 1. Book value, which includes amortized cost and related fees. 2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 10. Note: On October 27, 2008, the Federal Reserve Bank of New York began extending loans under the authority of section 13(3) of the Federal Reserve Act to Commercial Paper Funding Facility LLC. This LLC is a limited liability company formed to purchase three-month U.S. dollardenominated commercial paper from eligible issuers and thereby foster liquidity in short-term funding markets and increase the availability of credit for businesses and households. 8. Information on Principal Accounts of LLCs Funded through the Money Market Investor Funding Facility Millions of dollars Wednesday Account name Sep 16, 2009 Money market instrument holdings, net1 0 Other investments, net 0 Net portfolio holdings of LLCs funded through the Money Market Investor Funding Facility 0 Memorandum: Money market instrument holdings, face value 0 Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 0 Accrued interest payable to the Federal Reserve Bank of New York2 0 Commercial paper issued by LLCs funded through the Money Market Investor Funding Facility, net of related discounts 0 1. Book value, which includes amortized cost. 2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 10. Note: The Federal Reserve Board authorized the Federal Reserve Bank of New York to extend credit under the authority of section 13(3) of the Federal Reserve Act to a series of limited liability companies funded through the Money Market Investor Funding Facility (MMIFF). The MMIFF became operational on November 24, 2008. These limited liability companies were established to purchase short-term U.S. dollar-denominated certificates of deposit, bank notes, and outstanding asset-backed commercial paper from eligible issuers. Such purchases are designed to foster liquidity in short-term money markets.

H.4.1 9. Consolidated Statement of Condition of All Federal Reserve Banks Millions of dollars Change since Eliminations from Assets, liabilities, and capital consolidation Wednesday Wednesday Wednesday Sep 16, 2009 Sep 9, 2009 Sep 17, 2008 Assets Gold certificate account 11,037 0 0 Special drawing rights certificate account 2,200 0 0 Coin 1,937 + 17 + 469 Securities, repurchase agreements, term auction credit, and other loans 1,877,917 + 53,212 +1,028,784 Securities held outright1 1,570,018 + 63,852 +1,090,179 U.S. Treasury securities 759,803 + 2,031 + 279,964 Bills2 18,423 0 - 3,317 Notes and bonds, nominal2 691,074 + 2,049 + 279,343 Notes and bonds, inflation-indexed2 44,588 0 + 4,756 Inflation compensation3 5,718 - 19 - 818 Federal agency debt securities2 125,159 + 2,043 + 125,159 Mortgage-backed securities4 685,056 + 59,778 + 685,056 Repurchase agreements5 0 0 - 98,000 Term auction credit 196,020 - 16,090 + 46,020 Other loans 111,879 + 5,450 - 9,415 Net portfolio holdings of Commercial Paper Funding Facility LLC6 42,974 - 2,693 + 42,974 Net portfolio holdings of LLCs funded through the Money Market Investor Funding Facility7 0 0 0 Net portfolio holdings of Maiden Lane LLC8 26,146 + 37 - 3,221 Net portfolio holdings of Maiden Lane II LLC9 14,649 + 12 + 14,649 Net portfolio holdings of Maiden Lane III LLC10 20,545 + 34 + 20,545 Items in process of collection (471) 213 - 386 - 695 Bank premises 2,218 + 2 + 50 Central bank liquidity swaps11 61,101 - 506 - 899 Other assets12 81,966 + 2,186 + 43,722 Total assets (471) 2,142,903 + 51,914 +1,146,378 Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

H.4.1 9. Consolidated Statement of Condition of All Federal Reserve Banks (continued) Millions of dollars Change since Eliminations from Assets, liabilities, and capital consolidation Wednesday Wednesday Wednesday Sep 16, 2009 Sep 9, 2009 Sep 17, 2008 Liabilities Federal Reserve notes, net of F.R. Bank holdings 873,940 - 2,739 + 77,846 Reverse repurchase agreements13 68,934 + 3,060 + 22,301 Deposits (0) 1,137,858 + 52,113 +1,031,813 Depository institutions 862,827 - 15,168 + 773,725 U.S. Treasury, general account 72,399 + 67,899 + 66,887 U.S. Treasury, supplementary financing account 199,932 0 + 199,932 Foreign official 2,369 - 335 + 2,267 Other (0) 330 - 283 - 11,000 Deferred availability cash items (471) 2,571 - 912 - 43 Other liabilities and accrued dividends14 8,321 + 141 + 4,517 Total liabilities (471) 2,091,623 + 51,662 +1,136,433 Capital accounts Capital paid in 24,875 + 92 + 4,664 Surplus 21,356 + 8 + 2,840 Other capital accounts 5,049 + 152 + 2,441 Total capital 51,280 + 252 + 9,945 Note: Components may not sum to totals because of rounding. 1. Includes securities lent to dealers under the overnight and term securities lending facilities; refer to table 1A. 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. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the underlying mortgages. 5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities. 6. Refer to table 7 and the note on consolidation accompanying table 10. 7. Refer to table 8 and the note on consolidation accompanying table 10. 8. Refer to table 4 and the note on consolidation accompanying table 10. 9. Refer to table 5 and the note on consolidation accompanying table 10. 10. Refer to table 6 and the note on consolidation accompanying table 10. 11. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was acquired from the foreign central bank. 12. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates. 13. Cash value of agreements, which are collateralized by U.S. Treasury securities. 14. Includes the liabilities of Commercial Paper Funding Facility LLC, the LLCs funded through the Money Market Investor Funding Facility, Maiden Lane LLC, Maiden Lane II LLC, and Maiden Lane III LLC to entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 8 and the note on consolidation accompanying table 10.

H.4.1 10. Statement of Condition of Each Federal Reserve Bank, September 16, 2009 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 11,037 412 3,895 450 467 882 1,356 911 329 197 335 621 1,182 Special drawing rights certificate acct. 2,200 115 874 83 104 147 166 212 71 30 66 98 234 Coin 1,937 60 73 161 147 261 239 243 36 60 133 210 314 Securities, repurchase agreements, term auction credit, and other loans 1,877,917 37,922 882,152 31,797 65,991 58,739 190,628 174,235 63,526 26,514 72,660 76,051 197,702 Securities held outright1 1,570,018 30,118 613,681 24,357 62,028 56,579 189,165 169,893 61,507 25,992 70,869 75,913 189,914 U.S. Treasury securities 759,803 14,575 296,988 11,788 30,018 27,381 91,546 82,219 29,766 12,579 34,297 36,738 91,908 Bills2 18,423 353 7,201 286 728 664 2,220 1,994 722 305 832 891 2,228 Notes and bonds3 741,380 14,222 289,787 11,502 29,290 26,717 89,326 80,225 29,044 12,274 33,465 35,847 89,680 Federal agency debt securities2 125,159 2,401 48,922 1,942 4,945 4,510 15,080 13,544 4,903 2,072 5,650 6,052 15,140 Mortgage-backed securities4 685,056 13,141 267,771 10,628 27,065 24,687 82,540 74,130 26,838 11,341 30,923 33,123 82,867 Repurchase agreements5 0 0 0 0 0 0 0 0 0 0 0 0 0 Term auction credit 196,020 7,567 159,332 7,364 3,963 1,970 1,190 3,303 1,958 369 1,778 126 7,102 Other loans 111,879 238 109,138 76 0 191 273 1,040 61 153 12 12 686 Net portfolio holdings of Commercial Paper Funding Facility LLC6 42,974 0 42,974 0 0 0 0 0 0 0 0 0 0 Net portfolio holdings of LLCs funded through the Money Market Investor Funding Facility7 0 0 0 0 0 0 0 0 0 0 0 0 0 Net portfolio holdings of Maiden Lane LLC8 26,146 0 26,146 0 0 0 0 0 0 0 0 0 0 Net portfolio holdings of Maiden Lane II LLC9 14,649 0 14,649 0 0 0 0 0 0 0 0 0 0 Net portfolio holdings of Maiden Lane III LLC10 20,545 0 20,545 0 0 0 0 0 0 0 0 0 0 Items in process of collection 684 43 0 116 115 45 -34 50 34 92 74 51 98 Bank premises 2,218 121 237 69 146 239 223 206 134 111 269 250 212 Central bank liquidity swaps11 61,101 2,512 15,075 6,888 4,618 17,794 4,795 2,093 624 965 619 806 4,311 Other assets12 81,966 2,136 28,901 3,766 4,104 9,503 8,649 6,828 2,440 1,341 2,770 3,037 8,490 Interdistrict settlement account 0 + 17,633 + 34,378 + 14,468 - 19,035 + 196,110 - 51,831 - 71,106 - 29,729 - 6,704 - 31,107 - 13,778 - 39,299 Total assets 2,143,373 60,955 1,069,898 57,798 56,657 283,721 154,192 113,672 37,465 22,606 45,819 67,347 173,244 Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

H.4.1 10. Statement of Condition of Each Federal Reserve Bank, September 16, 2009 (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 1,060,759 35,282 388,136 39,473 44,769 82,489 131,506 85,615 30,912 19,628 28,696 62,929 111,323 Less: Notes held by F.R. Banks 186,819 4,798 59,202 7,033 8,868 12,123 26,181 13,805 4,442 3,190 3,544 17,023 26,609 Federal Reserve notes, net 873,940 30,484 328,934 32,440 35,901 70,366 105,325 71,810 26,470 16,438 25,152 45,906 84,714 Reverse repurchase agreements13 68,934 1,322 26,944 1,069 2,723 2,484 8,306 7,459 2,701 1,141 3,112 3,333 8,338 Deposits 1,137,858 27,027 693,967 18,542 14,078 196,265 36,352 31,949 7,473 3,139 16,643 16,887 75,536 Depository institutions 862,827 27,020 419,096 18,538 14,074 196,181 36,349 31,902 7,467 3,139 16,641 16,887 75,533 U.S. Treasury, general account 72,399 0 72,399 0 0 0 0 0 0 0 0 0 0 U.S. Treasury, supplementary financing account 199,932 0 199,932 0 0 0 0 0 0 0 0 0 0 Foreign official 2,369 2 2,340 4 3 11 3 1 0 1 0 1 3 Other 330 5 199 0 1 72 0 45 5 0 1 0 1 Deferred availability cash items 3,042 94 0 316 410 108 294 231 70 340 225 349 604 Other liabilities and accrued dividends14 8,321 156 4,771 179 252 500 581 501 228 138 212 264 537 Total liabilities 2,092,094 59,084 1,054,616 52,547 53,365 269,724 150,858 111,950 36,941 21,197 45,343 66,739 169,729 Capital Capital paid in 24,875 921 7,293 2,603 1,613 7,002 1,556 782 237 711 210 273 1,675 Surplus 21,356 844 5,885 2,316 1,551 5,982 1,612 704 209 324 207 271 1,450 Other capital 5,049 106 2,104 332 128 1,013 167 237 78 374 58 63 390 Total liabilities and capital 2,143,373 60,955 1,069,898 57,798 56,657 283,721 154,192 113,672 37,465 22,606 45,819 67,347 173,244 Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

H.4.1 10. Statement of Condition of Each Federal Reserve Bank, September 16, 2009 (continued) 1. Includes securities lent to dealers under the overnight and term securities lending facilities; refer to table 1A. 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. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the underlying mortgages. 5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities. 6. Refer to table 7 and the note on consolidation below. 7. Refer to table 8 and the note on consolidation below. 8. Refer to table 4 and the note on consolidation below. 9. Refer to table 5 and the note on consolidation below. 10. Refer to table 6 and the note on consolidation below. 11. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was acquired from the foreign central bank. 12. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates. 13. Cash value of agreements, which are collateralized by U.S. Treasury securities. 14. Includes the liabilities of Commercial Paper Funding Facility LLC, the LLCs funded through the Money Market Investor Funding Facility, Maiden Lane LLC, Maiden Lane II LLC, and Maiden Lane III LLC to entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 8 and the note on consolidation below. Note on consolidation: The Federal Reserve Bank of New York (FRBNY) has extended loans to several limited liability companies under the authority of section 13(3) of the Federal Reserve Act. On June 26, 2008, a loan was extended to Maiden Lane LLC, which was formed to acquire certain assets of Bear Stearns. On October 27, 2008, the FRBNY began extending loans to Commercial Paper Funding Facility LLC, which was formed to purchase three-month U.S. dollar-denominated commercial paper from eligible issuers. On October 21, 2008, the Federal Reserve Board authorized the FRBNY to extend credit to a series of LLCs funded through the Money Market Investor Funding Facility. These LLCs, which became operational on November 24, 2008, were established to purchase short-term U.S. dollardenominated certificates of deposit, bank notes, and commercial paper from eligible issuers. On November 25, 2008, a loan was extended to Maiden Lane III LLC, which was formed to purchase multi-sector collateralized debt obligations on which the Financial Products group of the American International Group, Inc. has written credit default swap contracts. On December 12, 2008, a loan was extended to Maiden Lane II LLC, which was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment portfolio of subsidiaries of American International Group, Inc. The FRBNY is the sole beneficiary of Commercial Paper Funding Facility LLC and the primary beneficiary of the other LLCs cited above. Consistent with generally accepted accounting principles, the assets and liabilities of these LLCs have been consolidated with the assets and liabilities of the FRBNY in the preparation of the statements of condition shown on this release. As a consequence of the consolidation, the extensions of credit from the FRBNY to the LLCs are eliminated, the net assets of the LLCs appear as assets on the previous page (and in table 1 and table 9), and the liabilities of the LLCs to entities other than the FRBNY, including those with recourse only to the portfolio holdings of the LLCs, are included in other liabilities in this table (and table 1 and table 9).

H.4.1 11. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts Millions of dollars Wednesday Federal Reserve notes and collateral Sep 16, 2009 Federal Reserve notes outstanding 1,060,759 Less: Notes held by F.R. Banks not subject to collateralization 186,819 Federal Reserve notes to be collateralized 873,940 Collateral held against Federal Reserve notes 873,940 Gold certificate account 11,037 Special drawing rights certificate account 2,200 U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 860,703 Other assets pledged 0 Memo: Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 1,570,018 Less: Face value of securities under reverse repurchase agreements 68,843 U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 1,501,174 Note: Components may not sum to totals because of rounding. 1.Includes face value of U.S. Treasury, agency debt, and mortgage-backed 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. 2.Includes securities lent to dealers under the overnight and term securities lending facilities; refer to table 1A.