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 1, 2011 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 Aug 31, 2011 Federal Reserve Banks Aug 31, 2011 Aug 24, 2011 Sep 1, 2010 Reserve Bank credit 2,835,824 - 6,699 + 549,152 2,837,500 Securities held outright1 2,644,507 - 5,726 + 599,023 2,646,834 U.S. Treasury securities 1,649,786 + 1,930 + 863,973 1,652,113 Bills2 18,423 0 0 18,423 Notes and bonds, nominal2 1,555,520 + 1,433 + 834,826 1,557,455 Notes and bonds, inflation-indexed2 66,377 + 429 + 25,096 66,754 Inflation compensation3 9,467 + 68 + 4,051 9,481 Federal agency debt securities2 109,776 - 126 - 46,726 109,776 Mortgage-backed securities4 884,945 - 7,530 - 218,224 884,945 Repurchase agreements5 0 0 0 0 Loans 11,698 - 63 - 44,650 11,706 Primary credit 7 + 6 - 6 17 Secondary credit 0 0 0 0 Seasonal credit 95 - 5 + 9 93 Credit extended to American International Group, Inc., net6 0 0 - 19,909 0 Term Asset-Backed Securities Loan Facility7 11,595 - 65 - 24,745 11,595 Other credit extensions 0 0 0 0 Net portfolio holdings of Maiden Lane LLC8 18,206 + 28 - 10,798 18,230 Net portfolio holdings of Maiden Lane II LLC9 10,077 + 8 - 5,952 10,109 Net portfolio holdings of Maiden Lane III LLC10 21,321 + 5 - 2,008 21,327 Net portfolio holdings of TALF LLC11 775 + 1 + 200 775 Preferred interests in AIA Aurora LLC and ALICO Holdings LLC6 0 0 - 25,733 0 Float -928 + 17 + 801 -1,158 Central bank liquidity swaps12 0 - 500 - 44 0 Other Federal Reserve assets13 130,168 - 469 + 38,312 129,677 Gold stock 11,041 0 0 11,041 Special drawing rights certificate account 5,200 0 0 5,200 Treasury currency outstanding14 44,092 + 14 + 751 44,092 Total factors supplying reserve funds 2,896,157 - 6,685 + 549,903 2,897,833 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 Aug 31, 2011 Federal Reserve Banks Aug 31, 2011 Aug 24, 2011 Sep 1, 2010 Currency in circulation14 1,034,094 + 1,558 + 86,576 1,037,825 Reverse repurchase agreements15 102,548 + 6,037 + 40,549 104,544 Foreign official and international accounts 102,548 + 6,322 + 40,549 104,544 Others 0 - 286 0 0 Treasury cash holdings 130 + 14 - 110 126 Deposits with F.R. Banks, other than reserve balances 76,423 - 19,878 - 153,597 95,285 Term deposits held by depository institutions 0 - 5,088 - 2,119 0 U.S. Treasury, General Account 20,320 - 462 - 2,793 42,481 U.S. Treasury, Supplementary Financing Account 0 0 - 199,956 0 Foreign official 4,103 - 89 + 2,118 2,675 Service-related 2,475 - 9 + 41 2,475 Required clearing balances 2,475 - 9 + 41 2,475 Adjustments to compensate for float 0 0 0 0 Other 49,526 - 14,229 + 49,112 47,654 Funds from American International Group, Inc. asset dispositions, held as agent6 0 0 0 0 Other liabilities and capital16 71,336 - 270 - 610 70,570 Total factors, other than reserve balances, absorbing reserve funds 1,284,531 - 12,540 - 27,194 1,308,349 Reserve balances with Federal Reserve Banks 1,611,626 + 5,855 + 577,097 1,589,483 Note: Components may not sum to totals because of rounding. 1. Includes securities lent to dealers under the overnight securities lending facility; 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. As a result of the closing of the American International Group, Inc. (AIG) recapitalization plan on January 14, 2011, the credit extended to AIG was fully repaid and the Federal Reserve’s commitment to lend any further funds was terminated. In addition, the Federal Reserve Bank of New York (FRBNY) has been paid in full for its preferred interests in AIA Aurora LLC and ALICO Holdings LLC. The funds from AIG asset dispositions that FRBNY held as agent were the source of repayment of the credit extended to AIG, as well as a portion of the FRBNY’s preferred interests in ALICO Holdings LLC. The remaining FRBNY preferred interests in ALICO Holdings LLC and AIA Aurora LLC, valued at approximately $20 billion, were purchased by AIG through a draw on the Treasury’s Series F preferred stock commitment and then transferred by AIG to the Treasury as consideration for the draw on the available Series F funds. 7. Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the Term Asset-Backed Securities Loan Facility. 8. Refer to table 4 and the note on consolidation accompanying table 9. 9. Refer to table 5 and the note on consolidation accompanying table 9. 10.Refer to table 6 and the note on consolidation accompanying table 9. 11.Refer to table 7 and the note on consolidation accompanying 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 the fair value adjustment to credit extended by the FRBNY to eligible borrowers through the Term Asset-Backed Securities Loan Facility. Before the closing of the AIG recapitalization plan on January 14, 2011, included accrued dividends on the FRBNY’s preferred interests in AIA Aurora LLC and ALICO Holdings LLC. 14.Estimated. 15.Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities. 16.Includes the liabilities of 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 7 and the note on consolidation accompanying table 9. Also includes the liability for interest on Federal Reserve notes due to U.S. Treasury. Refer to table 8 and table 9. 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 Aug 31, 2011 Aug 31, 2011 Aug 24, 2011 Sep 1, 2010 Marketable securities held in custody for foreign official and international accounts1 3,486,906 - 4,184 + 276,056 3,485,059 U.S. Treasury securities 2,754,300 - 2,647 + 360,476 2,752,450 Federal agency securities2 732,606 - 1,537 - 84,420 732,609 Securities lent to dealers 12,530 - 236 + 5,752 13,017 Overnight facility3 12,530 - 236 + 5,752 13,017 U.S. Treasury securities 12,012 - 142 + 6,566 12,486 Federal agency debt securities 518 - 94 - 814 531 Note: Components may not sum to totals because of rounding. 1. Face value of the securities. Includes U.S. Treasury STRIPS and other zero-coupon bonds at face value and mortgage-backed securities at original face value. 2. Includes debt and mortgage-backed securities. 3. Fully collateralized by U.S. Treasury securities. 2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, August 31, 2011 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 Loans1 89 22 2,371 9,225 0 ... 11,706 U.S. Treasury securities2 Holdings 12,485 18,902 125,263 718,559 579,727 197,178 1,652,113 Weekly changes - 6,915 + 3,520 - 2 + 8,905 - 1,872 + 42 + 3,678 Federal agency debt securities3 Holdings 147 3,720 18,699 64,718 20,145 2,347 109,776 Weekly changes + 147 + 748 - 895 0 0 0 0 Mortgage-backed securities4 Holdings 0 0 0 15 22 884,908 884,945 Weekly changes 0 0 0 0 - 1 - 7,404 - 7,405 Asset-backed securities held by TALF LLC5 0 0 0 0 0 0 0 Repurchase agreements6 0 0 ... ... ... ... 0 Central bank liquidity swaps7 0 0 0 0 0 0 0 Reverse repurchase agreements6 104,544 0 ... ... ... ... 104,544 Term deposits 0 0 0 ... ... ... 0 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 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 asset-backed securities held by TALF LLC, which is the remaining principal balance of the underlying assets. 6. Cash value of agreements. 7. 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 Aug 31, 2011 Mortgage-backed securities held outright1 884,945 Commitments to buy mortgage-backed securities2 0 Commitments to sell mortgage-backed securities2 0 Cash and cash equivalents3 0 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, dollar rolls, and coupon swaps. 3. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 8 and table 9. 4. Information on Principal Accounts of Maiden Lane LLC Millions of dollars Wednesday Account name Aug 31, 2011 Net portfolio holdings of Maiden Lane LLC1 18,230 Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 15,061 Accrued interest payable to the Federal Reserve Bank of New York2 729 Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co.3 1,361 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, 2011. 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 9. 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 8 and table 9. 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 Aug 31, 2011 Net portfolio holdings of Maiden Lane II LLC1 10,109 Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 6,808 Accrued interest payable to the Federal Reserve Bank of New York2 540 Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc.3 1,094 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, 2011. 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 9. 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 8 and table 9. 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 Aug 31, 2011 Net portfolio holdings of Maiden Lane III LLC1 21,327 Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 10,536 Accrued interest payable to the Federal Reserve Bank of New York2 648 Outstanding principal amount and accrued interest on loan payable to American International Group, Inc.3 5,482 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, 2011. 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 9. 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 8 and table 9. 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 TALF LLC Millions of dollars Wednesday Account name Aug 31, 2011 Asset-backed securities holdings1 0 Other investments, net 775 Net portfolio holdings of TALF LLC 775 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 108 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 9. 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 8 and table 9. 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 $4.3 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.

H.4.1 8. Consolidated Statement of Condition of All Federal Reserve Banks Millions of dollars Change since Eliminations from Wednesday Assets, liabilities, and capital Wednesday Wednesday consolidation Aug 31, 2011 Aug 24, 2011 Sep 1, 2010 Assets Gold certificate account 11,037 0 0 Special drawing rights certificate account 5,200 0 0 Coin 2,201 - 1 + 134 Securities, repurchase agreements, and loans 2,658,540 - 3,723 + 558,553 Securities held outright1 2,646,834 - 3,727 + 600,881 U.S. Treasury securities 1,652,113 + 3,678 + 865,830 Bills2 18,423 0 0 Notes and bonds, nominal2 1,557,455 + 2,783 + 836,682 Notes and bonds, inflation-indexed2 66,754 + 806 + 25,094 Inflation compensation3 9,481 + 89 + 4,054 Federal agency debt securities2 109,776 0 - 46,726 Mortgage-backed securities4 884,945 - 7,405 - 218,223 Repurchase agreements5 0 0 0 Loans 11,706 + 4 - 42,328 Net portfolio holdings of Maiden Lane LLC6 18,230 + 28 - 10,817 Net portfolio holdings of Maiden Lane II LLC7 10,109 + 38 - 5,920 Net portfolio holdings of Maiden Lane III LLC8 21,327 + 7 - 2,010 Net portfolio holdings of TALF LLC9 775 0 + 200 Preferred interests in AIA Aurora LLC and ALICO Holdings LLC10 0 0 - 25,733 Items in process of collection (112) 260 - 7 - 15 Bank premises 2,189 - 10 - 33 Central bank liquidity swaps11 0 - 500 - 44 Other assets12 127,525 - 1,592 + 37,738 Total assets (112) 2,857,394 - 5,761 + 552,053 Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

H.4.1 8. 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 Aug 31, 2011 Aug 24, 2011 Sep 1, 2010 Liabilities Federal Reserve notes, net of F.R. Bank holdings 996,056 + 4,445 + 86,183 Reverse repurchase agreements13 104,544 + 5,025 + 46,268 Deposits (0) 1,684,806 - 14,924 + 421,450 Term deposits held by depository institutions 0 - 5,088 - 2,119 Other deposits held by depository institutions 1,591,995 - 18,049 + 579,015 U.S. Treasury, General Account 42,481 + 31,585 - 3,256 U.S. Treasury, Supplementary Financing Account 0 0 - 199,956 Foreign official 2,675 - 2,553 + 606 Other (0) 47,654 - 20,821 + 47,159 Deferred availability cash items (112) 1,418 + 20 - 932 Other liabilities and accrued dividends14 18,680 - 387 + 3,816 Total liabilities (112) 2,805,504 - 5,821 + 556,785 Capital accounts Capital paid in 25,945 + 30 - 730 Surplus 25,945 + 30 + 94 Other capital accounts 0 0 - 4,095 Total capital 51,890 + 60 - 4,731 Note: Components may not sum to totals because of rounding. 1. Includes securities lent to dealers under the overnight securities lending facility; 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 4 and the note on consolidation accompanying table 9. 7. Refer to table 5 and the note on consolidation accompanying table 9. 8. Refer to table 6 and the note on consolidation accompanying table 9. 9. Refer to table 7 and the note on consolidation accompanying table 9. 10.As a result of the closing of the AIG recapitalization plan on January 14, 2011, the Federal Reserve Bank of New York has been paid in full for its(cid:9)preferred interests in AIA Aurora LLC and ALICO Holdings LLC. A portion of the preferred interests was redeemed by AIG with the funds from AIG asset dispositions that were held as agent by the Federal Reserve. 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 and the fair value adjustment to credit extended by the Federal Reserve Bank of New York (FRBNY) to eligible borrowers through the Term Asset-Backed Securities Loan Facility. Before the closing of the AIG recapitalization plan on January 14, 2011, included accrued dividends on the FRBNY’s preferred interests in AIA Aurora LLC and ALICO Holdings LLC. 13.Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities. 14.Includes the liabilities of 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 7 and the note on consolidation accompanying table 9. Also includes the liability for interest on Federal Reserve notes due to U.S. Treasury. Before the closing of the AIG recapitalization plan on January 14, 2011, included funds from American International Group, Inc. asset dispositions, held as agent.

H.4.1 9. Statement of Condition of Each Federal Reserve Bank, August 31, 2011 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 11,037 390 3,866 432 450 872 1,394 854 319 197 318 728 1,217 Special drawing rights certificate acct. 5,200 196 1,818 210 237 412 654 424 150 90 153 282 574 Coin 2,201 52 72 162 162 365 200 331 40 58 166 228 365 Securities, repurchase agreements, and loans 2,658,540 65,076 1,242,487 90,670 71,496 305,683 196,786 157,195 50,124 40,711 70,432 104,683 263,198 Securities held outright1 2,646,834 65,076 1,230,892 90,670 71,496 305,682 196,773 157,183 50,097 40,678 70,407 104,683 263,197 U.S. Treasury securities 1,652,113 40,620 768,304 56,595 44,627 190,802 122,822 98,111 31,270 25,390 43,947 65,341 164,284 Bills2 18,423 453 8,567 631 498 2,128 1,370 1,094 349 283 490 729 1,832 Notes and bonds3 1,633,691 40,167 759,736 55,964 44,129 188,675 121,453 97,017 30,921 25,107 43,457 64,613 162,452 Federal agency debt securities2 109,776 2,699 51,051 3,760 2,965 12,678 8,161 6,519 2,078 1,687 2,920 4,342 10,916 Mortgage-backed securities4 884,945 21,758 411,537 30,315 23,904 102,202 65,789 52,553 16,749 13,600 23,540 35,000 87,998 Repurchase agreements5 0 0 0 0 0 0 0 0 0 0 0 0 0 Loans 11,706 0 11,595 0 0 0 13 11 27 33 25 0 1 Net portfolio holdings of Maiden Lane LLC6 18,230 0 18,230 0 0 0 0 0 0 0 0 0 0 Net portfolio holdings of Maiden Lane II LLC7 10,109 0 10,109 0 0 0 0 0 0 0 0 0 0 Net portfolio holdings of Maiden Lane III LLC8 21,327 0 21,327 0 0 0 0 0 0 0 0 0 0 Net portfolio holdings of TALF LLC9 775 0 775 0 0 0 0 0 0 0 0 0 0 Preferred interests in AIA Aurora LLC and ALICO Holdings LLC10 0 0 0 0 0 0 0 0 0 0 0 0 0 Items in process of collection 372 24 0 49 104 6 30 49 6 13 9 29 51 Bank premises 2,189 123 257 67 126 235 214 207 135 106 260 246 213 Central bank liquidity swaps11 0 0 0 0 0 0 0 0 0 0 0 0 0 Other assets12 127,525 3,432 54,275 6,129 4,749 17,260 9,037 6,627 2,139 2,420 2,916 4,389 14,153 Interdistrict settlement account 0 + 11,789 + 219,467 - 2,205 + 4,204 - 120,780 - 32,452 - 7,041 - 9,209 - 18,069 - 18,861 - 1,406 - 25,438 Total assets 2,857,506 81,083 1,572,683 95,514 81,529 204,052 175,863 158,646 43,704 25,525 55,393 109,179 254,334 Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

H.4.1 9. Statement of Condition of Each Federal Reserve Bank, August 31, 2011 (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 1,158,606 43,362 388,275 46,526 55,214 95,663 143,617 90,710 34,023 19,287 32,078 75,414 134,438 Less: Notes held by F.R. Banks 162,550 5,505 43,928 6,393 7,530 12,099 24,550 13,066 4,466 5,492 3,549 10,867 25,104 Federal Reserve notes, net 996,056 37,857 344,347 40,133 47,684 83,564 119,066 77,644 29,557 13,796 28,529 64,546 109,334 Reverse repurchase agreements13 104,544 2,570 48,618 3,581 2,824 12,074 7,772 6,208 1,979 1,607 2,781 4,135 10,396 Deposits 1,684,806 38,474 1,149,778 46,590 26,556 96,357 45,430 72,721 11,472 9,367 23,287 39,309 125,464 Term deposits held by depository institutions 0 0 0 0 0 0 0 0 0 0 0 0 0 Other deposits held by depository institutions 1,591,995 38,463 1,057,191 46,586 26,552 96,233 45,426 72,692 11,438 9,366 23,286 39,308 125,455 U.S. Treasury, General Account 42,481 0 42,481 0 0 0 0 0 0 0 0 0 0 U.S. Treasury, Supplementary Financing Account 0 0 0 0 0 0 0 0 0 0 0 0 0 Foreign official 2,675 1 2,647 4 3 8 2 1 0 1 0 1 6 Other 47,654 10 47,459 0 0 116 2 28 34 0 1 0 3 Deferred availability cash items 1,530 72 5 199 215 43 73 115 46 375 69 80 237 Interest on Federal Reserve notes due to U.S. Treasury14 1,329 27 634 41 19 156 107 73 25 20 38 56 132 Other liabilities and accrued dividends15 17,351 197 13,722 262 268 738 461 399 174 140 170 269 552 Total liabilities 2,805,616 79,198 1,557,103 90,806 77,565 192,932 172,909 157,160 43,253 25,305 54,875 108,395 246,115 Capital Capital paid in 25,945 943 7,790 2,354 1,982 5,560 1,477 743 225 110 259 392 4,109 Surplus 25,945 943 7,790 2,354 1,982 5,560 1,477 743 225 110 259 392 4,109 Other capital 0 0 0 0 0 0 0 0 0 0 0 0 0 Total liabilities and capital 2,857,506 81,083 1,572,683 95,514 81,529 204,052 175,863 158,646 43,704 25,525 55,393 109,179 254,334 Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

H.4.1 9. Statement of Condition of Each Federal Reserve Bank, August 31, 2011 (continued) 1. Includes securities lent to dealers under the overnight securities lending facility; 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 4 and the note on consolidation below. 7. Refer to table 5 and the note on consolidation below. 8. Refer to table 6 and the note on consolidation below. 9. Refer to table 7 and the note on consolidation below. 10.As a result of the closing of the AIG recapitalization plan on January 14, 2011, the Federal Reserve Bank of New York has been paid in full for its preferred interests in AIA Aurora LLC and ALICO Holdings LLC. A portion of the preferred interests was redeemed by AIG with the funds from AIG asset dispositions that were held as agent by the Federal Reserve. 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 and the fair value adjustment to credit extended by the Federal Reserve Bank of New York (FRBNY) to eligible(cid:9)borrowers through the Term Asset-Backed Securities Loan Facility. Before the closing of the AIG recapitalization plan on January 14, 2011, included accrued dividends on the FRBNY’s preferred interests in AIA Aurora LLC and ALICO Holdings LLC. 13.Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities. 14.Represents the estimated weekly remittances to U.S Treasury as interest on Federal Reserve notes or, in those cases where the Reserve Bank’s net earnings are not sufficient to equate surplus to capital paid-in, the deferred asset for interest on Federal Reserve notes. The amount of any deferred asset, which is presented as a negative amount in this line, represents the amount of the Federal Reserve Bank’s earnings that must be retained before remittances to the U.S. Treasury resume. The amounts on this line are calculated in accordance with Board of Governors policy, which requires the Federal Reserve Banks to remit residual earnings to the U.S. Treasury as interest on Federal Reserve notes after providing for the costs of operations, payment of dividends, and the amount necessary to equate surplus with capital paid-in. 15.Includes the liabilities of 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 7 and the note on consolidation below. Before the closing of the AIG recapitalization plan on January 14, 2011, included funds from American International Group, Inc. asset dispositions, held as agent. 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 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 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 8), 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 8).

H.4.1 10. Collateral Held against Federal Reserve Notes: Federal Reserve Agents’ Accounts Millions of dollars Wednesday Federal Reserve notes and collateral Aug 31, 2011 Federal Reserve notes outstanding 1,158,606 Less: Notes held by F.R. Banks not subject to collateralization 162,550 Federal Reserve notes to be collateralized 996,056 Collateral held against Federal Reserve notes 996,056 Gold certificate account 11,037 Special drawing rights certificate account 5,200 U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 979,819 Other assets pledged 0 Memo: Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 2,646,834 Less: Face value of securities under reverse repurchase agreements 91,954 U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 2,554,880 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 securities lending facility; refer to table 1A.