H.4.1 Factors Affecting Reserve Balances of Depository Institutions

F EDERAL RESERVE statistical release For release at 4:30 p.m. EDT February 11, 2010 The weekly average value of the net portfolio holdings of Maiden Lane LLC, Maiden Lane II LLC, and Maiden Lane III LLC, shown in table 1, reflect holdings from Thursday, February 4, 2010, through Wednesday, February 10, 2010. The holdings for the first six days of this reporting week are based on the values as of September 30, 2009. The holdings for the final day of the reporting week are based on the values as of December 31, 2009, the quarterly revaluation date. The fair value of the net portfolio holdings is updated quarterly.

FEDERAL RESERVE statistical release H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks February 11, 2010 1. Factors Affecting Reserve Balances of Depository Institutions Millions of dollars Reserve Bank credit, related items, and Averages of daily figures Wednesday reserve balances of depository institutions at Week ended Change from week ended Feb 10, 2010 Federal Reserve Banks Feb 10, 2010 Feb 3, 2010 Feb 11, 2009 Reserve Bank credit 2,233,191 + 1,814 + 403,253 2,239,074 Securities held outright1 1,913,423 + 2,538 +1,399,305 1,918,405 U.S. Treasury securities 776,600 - 20 + 301,690 776,592 Bills2 18,423 0 0 18,423 Notes and bonds, nominal2 708,872 0 + 295,958 708,872 Notes and bonds, inflation-indexed2 43,777 0 + 4,399 43,777 Inflation compensation3 5,529 - 20 + 1,332 5,521 Federal agency debt securities2 165,436 + 1,339 + 133,605 164,948 Mortgage-backed securities4 971,386 + 1,218 + 964,009 976,865 Repurchase agreements5 0 0 0 0 Term auction credit 38,531 0 - 374,352 38,531 Other loans 87,696 - 1,293 - 55,510 87,704 Primary credit 14,562 - 205 - 50,012 14,902 Secondary credit 900 - 64 + 865 900 Seasonal credit 1 0 - 3 0 Primary dealer and other broker-dealer credit6 0 0 - 25,805 0 Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility 0 0 - 15,111 0 Credit extended to American International Group, Inc., net7 25,642 - 292 - 12,035 25,499 Term Asset-Backed Securities Loan Facility, net8 46,590 - 732 + 46,590 46,403 Other credit extensions 0 0 0 0 Net portfolio holdings of Commercial Paper Funding Facility LLC9 8,504 - 160 - 247,649 7,708 Net portfolio holdings of Maiden Lane LLC10 26,873 + 85 + 1,010 27,180 Net portfolio holdings of Maiden Lane II LLC11 15,262 - 235 - 3,412 15,480 Net portfolio holdings of Maiden Lane III LLC12 22,206 - 291 - 5,322 22,379 Net portfolio holdings of TALF LLC13 334 0 + 334 334 Preferred interests in AIA Aurora LLC and ALICO Holdings LLC14 25,106 0 + 25,106 25,106 Float -1,944 + 25 + 364 -1,901 Central bank liquidity swaps15 100 0 - 389,571 100 Other Federal Reserve assets16 97,100 + 1,145 + 52,951 98,048 Gold stock 11,041 0 0 11,041 Special drawing rights certificate account 5,200 0 + 3,000 5,200 Treasury currency outstanding17 42,761 + 14 + 602 42,761 Total factors supplying reserve funds 2,292,193 + 1,828 + 406,855 2,298,076 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 Wednesday reserve balances of depository institutions at Week ended Change from week ended Feb 10, 2010 Federal Reserve Banks Feb 10, 2010 Feb 3, 2010 Feb 11, 2009 Currency in circulation17 925,978 + 6,560 + 32,976 929,430 Reverse repurchase agreements18 53,485 - 3,744 - 16,762 53,137 Foreign official and international accounts 53,485 - 3,744 - 16,762 53,137 Dealers 0 0 0 0 Treasury cash holdings 205 - 24 - 68 205 Deposits with F.R. Banks, other than reserve balances 92,295 - 29,338 - 176,820 82,418 U.S. Treasury, general account 79,862 - 29,644 + 43,356 68,082 U.S. Treasury, supplementary financing account 5,000 - 1 - 194,950 5,000 Foreign official 3,655 - 322 + 1,636 2,789 Service-related 2,752 - 3 - 1,679 2,752 Required clearing balances 2,752 - 3 - 1,679 2,752 Adjustments to compensate for float 0 0 0 0 Other 1,025 + 631 - 25,184 3,794 Other liabilities and capital19 66,181 + 1,045 + 16,407 72,081 Total factors, other than reserve balances, absorbing reserve funds 1,138,143 - 25,502 - 144,268 1,137,270 Reserve balances with Federal Reserve Banks 1,154,050 + 27,331 + 551,123 1,160,806 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. Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the Term Asset-Backed Securities Loan Facility, net of unamortized deferred administrative fees. 9. Refer to table 7 and the note on consolidation accompanying table 11. 10.Refer to table 4 and the note on consolidation accompanying table 11. 11.Refer to table 5 and the note on consolidation accompanying table 11. 12.Refer to table 6 and the note on consolidation accompanying table 11. 13.Refer to table 8 and the note on consolidation accompanying table 11. 14.Refer to table 9. 15.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. 16.Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates, and accrued dividends on the Federal Reserve Bank of New York’s preferred interests in AIA Aurora LLC and ALICO Holdings LLC. 17.Estimated. 18.Cash value of agreements, which are collateralized by U.S. Treasury securities and federal agency debt securities. 19.Includes the liabilities of Commercial Paper Funding Facility LLC, Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF 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 11. 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 Feb 10, 2010 Feb 10, 2010 Feb 3, 2010 Feb 11, 2009 Marketable securities held in custody for foreign official and international accounts1 2,956,133 + 9,273 + 395,284 2,955,700 U.S. Treasury securities 2,190,119 + 9,703 + 447,168 2,189,430 Federal agency securities2 766,014 - 429 - 51,884 766,271 Securities lent to dealers 4,477 - 1,298 - 118,889 5,443 Overnight facility3 4,477 - 1,298 - 2,116 5,443 U.S. Treasury securities 3,760 - 1,315 - 2,833 4,598 Federal agency debt securities 716 + 16 + 716 845 Term facility4 0 0 - 116,773 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, February 10, 2010 Millions of dollars Within 15 16 days to 91 days to Over 1 year Over 5 years Over 10 Remaining maturity All days 90 days 1 year to 5 years to 10 years years Term auction credit 38,531 0 ... ... ... ... 38,531 Other loans1 15,416 386 0 71,902 0 ... 87,704 U.S. Treasury securities2 Holdings 25,101 18,930 45,689 326,320 215,293 145,259 776,592 Weekly changes + 3,867 - 3,869 0 - 6 - 5- 9- 22 Federal agency debt securities3 Holdings 710 2,399 23,488 101,644 34,360 2,347 164,948 Weekly changes - 813 0 0 + 1,099 0 0+ 286 Mortgage-backed securities4 Holdings 0 0 0 16 20 976,829 976,865 Weekly changes 0 0 0 0 0+ 6,538+ 6,538 Commercial paper held by Commercial Paper Funding Facility LLC5 0 2,966 0 ... ... ... 2,966 Asset-backed securities held by TALF LLC6 0 0 0 0 0 0 0 Repurchase agreements7 0 0 ... ... ... ... 0 Central bank liquidity swaps8 100 0 0 0 0 0 100 Reverse repurchase agreements7 53,137 0 ... ... ... ... 53,137 * Data on the maturity distribution of mortgage-backed securities (MBS) holdings have been corrected. Previous publications reported all MBS holdings as having maturities of over 10 years; however, some MBS holdings were also in the ranges of over 1 year to 5 years and over 5 years to 10 years. Corrected historical data are available through the Data Download Program. 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, Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF 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 asset-backed securities held by TALF LLC, which is the remaining principal balance of the underlying assets. 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 Feb 10, 2010 Mortgage-backed securities held outright1 976,865 Commitments to buy mortgage-backed securities2 170,048 Commitments to sell mortgage-backed securities2 21,025 Cash and cash equivalents3 563 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 10 and table 11. 4. Information on Principal Accounts of Maiden Lane LLC Millions of dollars Wednesday Account name Feb 10, 2010 Net portfolio holdings of Maiden Lane LLC1 27,180 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 429 Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co.3 1,255 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 December 31, 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 11. 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 10 and table 11. 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 Feb 10, 2010 Net portfolio holdings of Maiden Lane II LLC1 15,480 Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 15,207 Accrued interest payable to the Federal Reserve Bank of New York2 288 Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc.3 1,040 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 December 31, 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 11. 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 10 and table 11. 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 Feb 10, 2010 Net portfolio holdings of Maiden Lane III LLC1 22,379 Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 17,367 Accrued interest payable to the Federal Reserve Bank of New York2 366 Outstanding principal amount and accrued interest on loan payable to American International Group, Inc.3 5,212 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 December 31, 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 11. 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 10 and table 11. 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 Feb 10, 2010 Commercial paper holdings, net1 2,834 Other investments, net 4,874 Net portfolio holdings of Commercial Paper Funding Facility LLC 7,708 Memorandum: Commercial paper holdings, face value 2,966 Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 2,942 Accrued interest payable to the Federal Reserve Bank of New York2 0 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 11. 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. dollar-denominated commercial paper from eligible issuers and thereby foster liquidity in short-term funding markets and increase the availability of credit for businesses and households.

H.4.1 8. Information on Principal Accounts of TALF LLC Millions of dollars Wednesday Account name Feb 10, 2010 Asset-backed securities holdings1 0 Other investments, net 334 Net portfolio holdings of TALF LLC 334 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 Funding provided by U.S. Treasury to TALF LLC, including accrued interest payable3 103 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. 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 11. 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 10 and table 11. Note: On November 25, 2008, the Federal Reserve announced the creation of the Term Asset-Backed Securities Loan Facility (TALF) under the authority of section 13(3) of the Federal Reserve Act. The TALF is a facility under which the Federal Reserve Bank of New York (FRBNY) extends loans with a term of up to five years to holders of eligible asset-backed securities. The TALF is intended to assist financial markets in accommodating the credit needs of consumers and businesses by facilitating the issuance of asset-backed securities collateralized by a variety of consumer and business loans. The loans provided through the TALF to eligible borrowers are non-recourse, meaning that the obligation of the borrower can be discharged by surrendering the collateral to the FRBNY. The loans are extended for the market value of the security less an amount known as a haircut. As a result, the borrower bears the initial risk of a decline in the value of the security. TALF LLC is a limited liability company formed to purchase and manage any asset-backed securities received by the FRBNY in connection with the decision of a borrower not to repay a TALF loan. TALF LLC has committed, for a fee, to purchase all asset-backed securities received by the FRBNY in conjunction with a TALF loan at a price equal to the TALF loan plus accrued but unpaid interest. Losses on asset-backed securities held by TALF LLC will be offset in the following order: by the commitment fees collected by TALF LLC, by the interest received on investments of TALF LLC, by up to $20 billion in subordinated debt funding provided by the U.S. Treasury, and finally, by senior debt funding provided by the FRBNY. Payments by TALF LLC from the proceeds of its net portfolio holdings will be made in the following order: operating expenses of TALF LLC, principal due to the FRBNY, principal due to the U.S. Treasury, interest due to the FRBNY, and interest due to the U.S. Treasury. Any remaining funds will be shared by the FRBNY and the U.S. Treasury. 9. Supplemental Information on the Federal Reserve Bank of New York’s Preferred Interests in AIA Aurora LLC and ALICO Holdings LLC Millions of dollars Wednesday Account name Feb 10, 2010 Preferred interests in AIA Aurora LLC and ALICO Holdings LLC1 25,106 Accrued dividends on preferred interests in AIA Aurora LLC and ALICO Holdings LLC2 141 Preferred interests in AIA Aurora LLC1 16,068 Accrued dividends on preferred interests in AIA Aurora LLC2 90 Preferred interests in ALICO Holdings LLC1 9,038 Accrued dividends on preferred interests in ALICO Holdings LLC2 51 Note: Components may not sum to totals because of rounding. 1. Book value. 2. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 10 and table 11. Note on preferred interests: In conjunction with the restructuring of the government’s assistance to American International Group, Inc. (AIG) announced March 2, 2009, the outstanding balance and amount available of revolving credit provided to AIG by the FRBNY has been reduced in exchange for preferred interests in two special purpose vehicles, AIA Aurora LLC and ALICO Holdings LLC. These two limited liability companies were created to directly or indirectly hold all of the outstanding common stock of American International Assurance Company Ltd. (AIA) and American Life Insurance Company (ALICO), two life insurance subsidiaries of AIG. AIG will retain control of AIA Aurora LLC and ALICO Holdings LLC, and the FRBNY will have certain consent, disposition, and conversion rights with respect to its preferred interests. Dividends accrue as a percentage of the FRBNY’s preferred interests in AIA Aurora LLC and ALICO Holdings LLC. On a quarterly basis, the accrued dividends are capitalized and added to the FRBNY’s preferred interests in AIA Aurora LLC and ALICO Holdings LLC.

H.4.1 10. Consolidated Statement of Condition of All Federal Reserve Banks Millions of dollars Change since Eliminations from Wednesday Assets, liabilities, and capital Wednesday Wednesday consolidation Feb 10, 2010 Feb 3, 2010 Feb 11, 2009 Assets Gold certificate account 11,037 0 0 Special drawing rights certificate account 5,200 0 + 3,000 Coin 2,223 - 9 + 314 Securities, repurchase agreements, term auction credit, and other loans 2,044,640 + 6,205 + 974,510 Securities held outright1 1,918,405 + 6,801 +1,404,009 U.S. Treasury securities 776,592 - 22 + 301,723 Bills2 18,423 0 0 Notes and bonds, nominal2 708,872 0 + 295,958 Notes and bonds, inflation-indexed2 43,777 0 + 4,399 Inflation compensation3 5,521 - 21 + 1,366 Federal agency debt securities2 164,948 + 286 + 132,798 Mortgage-backed securities4 976,865 + 6,538 + 969,488 Repurchase agreements5 0 0 0 Term auction credit 38,531 0 - 374,352 Other loans 87,704 - 597 - 55,147 Net portfolio holdings of Commercial Paper Funding Facility LLC6 7,708 - 960 - 243,498 Net portfolio holdings of Maiden Lane LLC7 27,180 + 358 + 1,303 Net portfolio holdings of Maiden Lane II LLC8 15,480 - 18 - 3,150 Net portfolio holdings of Maiden Lane III LLC9 22,379 - 175 - 5,255 Net portfolio holdings of TALF LLC10 334 0 + 334 Preferred interests in AIA Aurora LLC and ALICO Holdings LLC11 25,106 0 + 25,106 Items in process of collection (170) 475 + 1 - 156 Bank premises 2,239 + 1 + 54 Central bank liquidity swaps12 100 0 - 390,729 Other assets13 95,848 + 1,952 + 53,259 Total assets (170) 2,259,949 + 7,354 + 415,092 Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

H.4.1 10. Consolidated Statement of Condition of All Federal Reserve Banks (continued) Millions of dollars Change since Eliminations from Wednesday Assets, liabilities, and capital Wednesday Wednesday consolidation Feb 10, 2010 Feb 3, 2010 Feb 11, 2009 Liabilities Federal Reserve notes, net of F.R. Bank holdings 889,092 + 5,627 + 33,091 Reverse repurchase agreements14 53,137 - 583 - 20,147 Deposits (0) 1,243,262 - 5,117 + 380,941 Depository institutions 1,163,597 + 47,337 + 563,540 U.S. Treasury, general account 68,082 - 54,435 + 47,816 U.S. Treasury, supplementary financing account 5,000 - 1 - 194,950 Foreign official 2,789 - 1,439 + 61 Other (0) 3,794 + 3,422 - 35,525 Deferred availability cash items (170) 2,377 - 365 - 796 Other liabilities and accrued dividends15 19,257 + 6,967 + 10,562 Total liabilities (170) 2,207,126 + 6,531 + 403,652 Capital accounts Capital paid in 25,677 + 5 + 3,968 Surplus 25,229 + 22 + 5,690 Other capital accounts 1,917 + 796 + 1,783 Total capital 52,823 + 823 + 11,441 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 11. 7. Refer to table 4 and the note on consolidation accompanying table 11. 8. Refer to table 5 and the note on consolidation accompanying table 11. 9. Refer to table 6 and the note on consolidation accompanying table 11. 10.Refer to table 8 and the note on consolidation accompanying table 11. 11.Refer to table 9. 12.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. 13.Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates, and accrued dividends on the Federal Reserve Bank of New York’s preferred interests in AIA Aurora LLC and ALICO Holdings LLC. 14.Cash value of agreements, which are collateralized by U.S. Treasury securities and federal agency debt securities. 15.Includes the liabilities of Commercial Paper Funding Facility LLC, Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF 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 11.

H.4.1 11. Statement of Condition of Each Federal Reserve Bank, February 10, 2010 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. 5,200 196 1,818 210 237 412 654 424 150 90 153 282 574 Coin 2,223 72 82 177 168 318 224 331 36 68 149 236 361 Securities, repurchase agreements, term auction credit, and other loans 2,044,640 38,922 865,335 30,386 75,984 69,891 231,642 209,578 75,579 32,030 87,033 93,299 234,961 Securities held outright1 1,918,405 36,801 749,857 29,762 75,792 69,134 231,141 207,592 75,156 31,760 86,595 92,758 232,057 U.S. Treasury securities 776,592 14,897 303,551 12,048 30,682 27,986 93,569 84,036 30,424 12,857 35,055 37,549 93,939 Bills2 18,423 353 7,201 286 728 664 2,220 1,994 722 305 832 891 2,228 Notes and bonds3 758,170 14,544 296,350 11,762 29,954 27,322 91,349 82,042 29,702 12,552 34,223 36,659 91,711 Federal agency debt securities2 164,948 3,164 64,474 2,559 6,517 5,944 19,874 17,849 6,462 2,731 7,446 7,975 19,953 Mortgage-backed securities4 976,865 18,739 381,832 15,155 38,594 35,203 117,699 105,707 38,270 16,172 44,095 47,233 118,165 Repurchase agreements5 0 0 0 0 0 0 0 0 0 0 0 0 0 Term auction credit 38,531 2,025 28,711 563 189 460 388 1,725 395 239 438 540 2,858 Other loans 87,704 96 86,766 61 2 298 112 261 28 31 0 2 46 Net portfolio holdings of Commercial Paper Funding Facility LLC6 7,708 0 7,708 0 0 0 0 0 0 0 0 0 0 Net portfolio holdings of Maiden Lane LLC7 27,180 0 27,180 0 0 0 0 0 0 0 0 0 0 Net portfolio holdings of Maiden Lane II LLC8 15,480 0 15,480 0 0 0 0 0 0 0 0 0 0 Net portfolio holdings of Maiden Lane III LLC9 22,379 0 22,379 0 0 0 0 0 0 0 0 0 0 Net portfolio holdings of TALF LLC10 334 0 334 0 0 0 0 0 0 0 0 0 0 Preferred interests in AIA Aurora LLC and ALICO Holdings LLC11 25,106 0 25,106 0 0 0 0 0 0 0 0 0 0 Items in process of collection 646 15 0 36 328 5 32 30 7 43 31 22 96 Bank premises 2,239 121 259 70 144 238 221 208 135 110 267 252 213 Central bank liquidity swaps12 100 4 29 11 7 28 6 2 1 3 1 1 7 Other assets13 95,848 2,311 34,976 3,870 4,657 9,678 10,019 8,162 3,008 1,885 3,377 3,761 10,145 Interdistrict settlement account 0 + 2,915 + 142,947 + 43,010 - 24,251 + 191,433 - 89,358 - 98,612 - 36,068 - 10,259 - 34,359 - 26,478 - 60,919 Total assets 2,260,119 44,969 1,147,527 78,219 57,741 272,885 154,796 121,034 43,177 24,167 56,987 71,997 186,620 Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

H.4.1 11. Statement of Condition of Each Federal Reserve Bank, February 10, 2010 (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 1,079,684 35,458 396,700 38,241 44,612 81,982 137,945 85,179 32,788 19,429 28,682 62,787 115,882 Less: Notes held by F.R. Banks 190,591 4,450 69,344 5,842 7,564 10,361 32,774 11,821 3,576 2,726 3,306 12,168 26,659 Federal Reserve notes, net 889,092 31,008 327,356 32,399 37,048 71,621 105,171 73,358 29,212 16,703 25,375 50,618 89,223 Reverse repurchase agreements14 53,137 1,019 20,770 824 2,099 1,915 6,402 5,750 2,082 880 2,399 2,569 6,428 Deposits 1,243,262 10,658 771,939 39,103 13,395 184,506 38,222 39,070 10,806 4,572 28,087 17,299 85,606 Depository institutions 1,163,597 10,654 692,422 39,099 13,390 184,392 38,219 39,060 10,805 4,571 28,086 17,299 85,600 U.S. Treasury, general account 68,082 0 68,082 0 0 0 0 0 0 0 0 0 0 U.S. Treasury, supplementary financing account 5,000 0 5,000 0 0 0 0 0 0 0 0 0 0 Foreign official 2,789 1 2,761 4 3 11 2 1 0 1 0 1 3 Other 3,794 2 3,674 0 1 103 0 8 1 0 1 0 4 Deferred availability cash items 2,547 70 0 227 772 73 218 159 48 313 115 120 432 Other liabilities and accrued dividends15 19,257 302 11,379 293 537 721 1,425 1,285 501 256 537 621 1,400 Total liabilities 2,207,296 43,057 1,131,444 72,847 53,851 258,837 151,438 119,622 42,649 22,723 56,513 71,228 183,088 Capital Capital paid in 25,677 944 7,442 2,802 1,921 7,125 1,599 647 236 712 206 353 1,688 Surplus 25,229 944 7,480 2,570 1,910 6,922 1,581 620 240 712 210 353 1,687 Other capital 1,917 24 1,162 0 59 0 177 145 52 20 59 63 156 Total liabilities and capital 2,260,119 44,969 1,147,527 78,219 57,741 272,885 154,796 121,034 43,177 24,167 56,987 71,997 186,620 Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

H.4.1 11. Statement of Condition of Each Federal Reserve Bank, February 10, 2010 (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 4 and the note on consolidation below. 8. Refer to table 5 and the note on consolidation below. 9. Refer to table 6 and the note on consolidation below. 10.Refer to table 8 and the note on consolidation below. 11.Refer to table 9. 12.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. 13.Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates, and accrued dividends on the Federal Reserve Bank of New York’s preferred interests in AIA Aurora LLC and ALICO Holdings LLC. 14.Cash value of agreements, which are collateralized by U.S. Treasury securities and federal agency debt securities. 15.Includes the liabilities of Commercial Paper Funding Facility LLC, Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF 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 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. On November 25, 2008, the Federal Reserve Board authorized the FRBNY to extend credit to TALF LLC, which was formed to purchase and manage any asset-backed securities received by the FRBNY in connection with the decision of a borrower not to repay a loan extended under the Term Asset-Backed Securities Loan Facility. The FRBNY is the sole beneficiary of Commercial Paper Funding Facility LLC. The FRBNY is the primary beneficiary of TALF LLC, because of the two beneficiaries of the LLC, the FRBNY and the U.S. Treasury, the FRBNY is primarily responsible for directing the financial activities of TALF LLC. The FRBNY is the primary beneficiary of the other LLCs cited above because it will receive a majority of any residual returns of the LLCs and absorb a majority of any residual losses of the LLCs. 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 10), 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 10).

H.4.1 12. Collateral Held against Federal Reserve Notes: Federal Reserve Agents’ Accounts Millions of dollars Wednesday Federal Reserve notes and collateral Feb 10, 2010 Federal Reserve notes outstanding 1,079,684 Less: Notes held by F.R. Banks not subject to collateralization 190,591 Federal Reserve notes to be collateralized 889,092 Collateral held against Federal Reserve notes 889,092 Gold certificate account 11,037 Special drawing rights certificate account 5,200 U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 872,856 Other assets pledged 0 Memo: Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 1,918,405 Less: Face value of securities under reverse repurchase agreements 52,339 U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 1,866,066 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.