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 February 12, 2026 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 11, 2026 Federal Reserve Banks Feb 11, 2026 Feb 4, 2026 Feb 12, 2025 Reserve Bank credit 6,568,754 + 19,176 - 198,017 6,574,516 Securities held outright1 6,316,552 + 15,582 - 169,322 6,323,663 U.S. Treasury securities 4,290,495 + 15,582 + 24,527 4,297,606 Bills2 298,167 + 15,620 + 102,824 305,285 Notes and bonds, nominal2 3,602,109 0 - 41,837 3,602,109 Notes and bonds, inflation-indexed2 288,706 0 - 31,299 288,706 Inflation compensation3 101,514 - 37 - 5,161 101,506 Federal agency debt securities2 2,347 0 0 2,347 Mortgage-backed securities4 2,023,710 0 - 193,849 2,023,710 Unamortized premiums on securities held outright5 222,293 - 371 - 24,294 222,161 Unamortized discounts on securities held outright5 -24,485 - 136 - 356 -24,480 Repurchase agreements6 2,192 + 1,331 + 2,163 113 Foreign official 2,173 + 1,316 + 2,173 105 Others 19 + 15 - 10 8 Loans 4,672 + 284 - 641 4,474 Primary credit 4,615 + 285 + 1,416 4,418 Secondary credit 0 0 0 0 Seasonal credit 0 0 - 3 0 Paycheck Protection Program Liquidity Facility 57 - 1 - 1,857 56 Bank Term Funding Program 0 0 - 196 0 Other credit extensions7 0 0 0 0 Net portfolio holdings of MS Facilities 2020 LLC (Main Street Lending Program)8 1,323 + 2 - 6,072 1,324 Float -260 + 125 + 24 -324 Central bank liquidity swaps9 24 + 2 - 49 24 Other Federal Reserve assets10 46,442 + 2,355 + 529 47,561 Foreign currency denominated assets11 19,525 - 80 + 1,827 19,688 Gold stock 11,041 0 0 11,041 Special drawing rights certificate account 15,200 0 0 15,200 Treasury currency outstanding12 52,962 + 14 + 439 52,962 Total factors supplying reserve funds 6,667,481 + 19,110 - 195,752 6,673,407 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 11, 2026 Federal Reserve Banks Feb 11, 2026 Feb 4, 2026 Feb 12, 2025 Currency in circulation12 2,430,472 + 376 + 81,271 2,430,663 Reverse repurchase agreements13 326,844 + 270 - 139,979 320,655 Foreign official and international accounts 324,718 + 4,766 - 55,034 319,607 Others 2,126 - 4,496 - 84,945 1,048 Treasury cash holdings 333 + 2 - 18 338 Deposits with F.R. Banks, other than reserve balances 1,162,561 + 5,775 + 167,662 1,154,537 Term deposits held by depository institutions 0 0 0 0 U.S. Treasury, General Account 915,306 + 6,533 + 87,204 910,533 Foreign official 9,439 - 1 - 245 9,439 Other14 237,816 - 756 + 80,703 234,565 Treasury contributions to credit facilities15 821 0 - 2,640 821 Other liabilities and capital16 -193,107 - 1,700 - 21,579 -192,100 Total factors, other than reserve balances, absorbing reserve funds 3,727,924 + 4,723 + 84,718 3,714,914 Reserve balances with Federal Reserve Banks 2,939,557 + 14,387 - 280,470 2,958,493 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. The current face value shown is the remaining principal balance of the securities. 5. Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been amortized. For U.S. Treasury securities, Federal agency debt securities, and mortgage-backed securities, amortization is on an effective-interest basis. 6. Cash value of agreements. 7. Includes outstanding loans to depository institutions that were subsequently placed into Federal Deposit Insurance Corporation (FDIC) receivership, including depository institutions established by the FDIC. The Federal Reserve Banks' loans to these depository institutions are secured by pledged collateral and the FDIC provides repayment guarantees. 8. Includes assets purchased pursuant to terms of the credit facility and amounts related to Treasury contributions to the facility. Refer to note on consolidation below. 9. 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. 10. Includes bank premises, accrued interest, and other accounts receivable. 11. Revalued daily at current foreign currency exchange rates. 12. Estimated. 13. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities 14. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, designated financial market utilities, and deposits held by depository institutions in joint accounts in connection with their participation in certain private-sector payment arrangements. Also includes certain deposit accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks as fiscal agents of the United States. 15. Book value. Amount of equity investments in MS Facilities 2020 LLC. 16. Includes the liability for earnings remittances due to the U.S. Treasury. 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 11, 2026 Feb 11, 2026 Feb 4, 2026 Feb 12, 2025 Securities held in custody for foreign official and international accounts 3,094,966 + 5,380 - 206,264 3,098,706 Marketable U.S. Treasury securities1 2,797,015 + 5,632 - 129,794 2,800,646 Federal agency debt and mortgage-backed securities2 220,211 + 45 - 68,017 220,211 Other securities3 77,740 - 296 - 8,453 77,849 Securities lent to dealers 36,308 - 726 + 10,297 39,297 Overnight facility4 36,308 - 726 + 10,297 39,297 U.S. Treasury securities 36,308 - 726 + 10,297 39,297 Federal agency debt securities 0 0 0 0 Note: Components may not sum to totals because of rounding. 1. Includes securities and U.S. Treasury STRIPS at face value, and inflation compensation on TIPS. Does not include securities pledged as collateral to foreign official and international account holders against reverse repurchase agreements with the Federal Reserve presented in tables 1, 5, and 6. 2. Face value of federal agency securities and current face value of mortgage-backed securities, which is the remaining principal balance of the securities. 3. Includes non-marketable U.S. Treasury securities, supranationals, corporate bonds, asset-backed securities, and commercial paper at face value. 4. Face value. Fully collateralized by U.S. Treasury securities.

H.4.1 2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, February 11, 2026 Millions of dollars Within 15 16 days to 91 days to Over 1 year Over 5 year Over 10 Remaining Maturity All days 90 days 1 year to 5 years to 10 years years Loans1 1,972 2,488 14 0 0 ... 4,474 U.S. Treasury securities2 Holdings 75,381 235,562 495,568 1,382,100 506,012 1,602,982 4,297,606 Weekly changes - 2,010 + 6,216 + 12,398 - 8 - 2 - 7 + 16,588 Federal agency debt securities3 Holdings 0 0 0 1,818 529 0 2,347 Weekly changes 0 0 0 0 0 0 0 Mortgage-backed securities4 Holdings 0 0 36 4,845 75,915 1,942,914 2,023,710 Weekly changes 0 0 0 0 0 0 0 Loan participations held by MS Facilities 2020 LLC (Main Street Lending Program)5 939 109 94 0 ... ... 1,143 Repurchase agreements6 113 0 ... ... ... ... 113 Central bank liquidity swaps7 24 0 0 0 0 0 24 Reverse repurchase agreements6 320,655 0 ... ... ... ... 320,655 Term deposits 0 0 0 ... ... ... 0 Note: Components may not sum to totals because of rounding. ...Not applicable. 1. Loans includes primary, secondary, and seasonal loans; the Paycheck Protection Program Liquidity Facility (PPPLF); and other credit extensions. A component of PPPLF loans presented in the Within 15 days category has reached contractual maturity, and collection is expected based upon the terms of the PPPLF. Loans exclude the loans from the Federal Reserve Bank of Boston (FRBB) to MS Facilities 2020 LLC, which were eliminated when preparing the FRBB'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. The current face value shown is the remaining principal balance of the securities. 5. Book value of the loan participations held by the MS Facilities 2020 LLC. A component of loan participations held by MS Facilities 2020 LLC presented in the Within 15 days category has reached contractual maturity, and collectability is assessed in accordance with the MS Facilities 2020 LLC policy. 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 Millions of dollars Wednesday Account name Feb 11, 2026 Mortgage-backed securities held outright1 2,023,710 Residential mortgage-backed securities 2,016,004 Commercial mortgage-backed securities 7,706 Commitments to buy mortgage-backed securities2 149 Commitments to sell mortgage-backed securities2 0 Cash and cash equivalents3 0 1. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities. 2. Current face value. Includes residential and commercial mortgage-backed securities. Residential mortgage-backed securities generally settle within 180 calendar days and include commitments associated with outright transactions, dollar rolls, and coupon swaps. Commercial mortgage-backed securities generally settle within three business days. 3. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 5 and table 6. 4. Information on Principal Accounts of Credit Facilities LLC Millions of dollars Wednesday Feb 11, 2026 Net portfolio holdings of Credit Facilities LLC Outstanding Credit Facilities LLC: principal Outstanding amount amount of Treasury of loan facility contributions extended to asset and the LLC1 purchases2 other assets3 Total MS Facilities 2020 LLC (Main Street Lending Program) 0 315 1,009 1,324 Note: Components may not sum to totals because of rounding. 1. Book value. This amount was eliminated when preparing the Federal Reserve Banks' statement of condition consistent with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 6. Loans are extended from the Federal Reserve Bank to the LLC upon settlement of the investment activity. 2. Outstanding amount of facility asset purchases includes loan participations at face value, net of an allowance for credit losses, updated as of December 31, 2025. 3. Includes short term receivables, interest and dividend receivables, and other assets of the facility. Also includes the portion of the Treasury contribution to the credit facilities, which is held as investments in nonmarketable Treasury securities and the residual portion which is held as cash and cash equivalents at the FRBNY. The amount of cash and cash equivalents held at the FRBNY are eliminated in consolidation and, as result, are excluded from net portfolio holdings in Tables 1, 5, and 6. Refer to the note on consolidation accompanying table 6.

H.4.1 5. 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 11, 2026 Feb 4, 2026 Feb 12, 2025 Assets Gold certificate account 11,037 0 0 Special drawing rights certificate account 15,200 0 0 Coin 1,546 - 3 - 31 Securities, unamortized premiums and discounts, repurchase agreements, and loans 6,525,931 + 13,201 - 187,568 Securities held outright1 6,323,663 + 16,588 - 162,225 U.S. Treasury securities 4,297,606 + 16,588 + 31,624 Bills2 305,285 + 16,608 + 109,942 Notes and bonds, nominal2 3,602,109 0 - 41,837 Notes and bonds, inflation-indexed2 288,706 0 - 31,299 Inflation compensation3 101,506 - 21 - 5,183 Federal agency debt securities2 2,347 0 0 Mortgage-backed securities4 2,023,710 0 - 193,849 Unamortized premiums on securities held outright5 222,161 - 342 - 24,265 Unamortized discounts on securities held outright5 -24,480 - 58 - 423 Repurchase agreements6 113 - 2,888 + 13 Loans7 4,474 - 99 - 668 Net portfolio holdings of MS Facilities 2020 LLC (Main Street Lending Program)8 1,324 + 1 - 6,078 Items in process of collection (0) 70 - 12 + 23 Bank premises 646 + 4 + 52 Central bank liquidity swaps9 24 + 2 - 49 Foreign currency denominated assets10 19,688 + 241 + 2,033 Other assets11 46,915 + 3,038 + 485 Total assets (0) 6,622,382 + 16,473 - 191,131 Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

H.4.1 5. 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 11, 2026 Feb 4, 2026 Feb 12, 2025 Liabilities Federal Reserve notes, net of F.R. Bank holdings 2,379,582 - 560 + 80,298 Reverse repurchase agreements12 320,655 - 6,204 - 131,812 Deposits (0) 4,113,030 + 24,812 - 116,241 Term deposits held by depository institutions 0 0 0 Other deposits held by depository institutions 2,958,493 + 21,000 - 296,914 U.S. Treasury, General Account 910,533 + 2,796 + 101,379 Foreign official 9,439 0 - 245 Other13 (0) 234,565 + 1,016 + 79,539 Deferred availability cash items (0) 394 + 29 + 21 Treasury contributions to credit facilities14 821 0 - 2,640 Other liabilities and accrued dividends15 -238,345 - 1,675 - 22,802 Total liabilities (0) 6,576,136 + 16,401 - 193,178 Capital accounts Capital paid in 39,460 + 71 + 2,045 Surplus 6,785 0 0 Other capital accounts 0 0 0 Total capital 46,245 + 71 + 2,045 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. The current face value shown is the remaining principal balance of the securities. 5. Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been amortized. For U.S. Treasury securities, Federal agency debt securities, and mortgage-backed securities, amortization is on an effective-interest basis. 6. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities. 7. Loans includes primary, secondary, and seasonal loans and credit extended through the Paycheck Protection Program Liquidity Facility, Bank Term Funding Program, and other credit extensions. 8. Includes assets purchased pursuant to terms of the credit facility and amounts related to Treasury contributions to the facility. Refer to note on consolidation below. 9. 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. 10. Revalued daily at current foreign currency exchange rates. 11. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable. 12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities. 13. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, designated financial market utilities, and deposits held by depository institutions in joint accounts in connection with their participation in certain private-sector payment arrangements. Also includes certain deposit accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks as fiscal agents of the United States. 14. Book value. Amount of equity investments in MS Facilities 2020 LLC. 15. Includes the liability for earnings remittances due to the U.S. Treasury.

H.4.1 6. Statement of Condition of Each Federal Reserve Bank, February 11, 2026 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 certificates and special drawing rights certificates 26,237 898 8,066 815 1,238 1,891 3,695 1,720 794 446 740 2,294 3,640 Coin 1,546 52 63 189 49 211 116 246 37 64 110 152 259 Securities, unamortized premiums and discounts, repurchase agreements, and loans1 6,525,931 150,454 3,461,851 128,730 265,822 586,986 431,358 331,181 98,536 43,604 62,600 292,544 672,266 Net portfolio holdings of MS Facilities 2020 LLC (Main Street Lending Program)2 1,324 1,324 0 0 0 0 0 0 0 0 0 0 0 Central bank liquidity swaps3 24 1 8 1 2 5 1 1 1 0 0 1 3 Foreign currency denominated assets4 19,688 832 6,642 681 2,042 3,835 667 1,099 499 127 218 575 2,473 Other assets5 47,631 1,140 22,759 995 1,914 4,577 4,346 2,375 1,099 519 762 2,198 4,946 Interdistrict settlement account 0+ 13,173- 109,006- 6,139- 24,617- 75,694+ 7,444+ 89,800+ 7,548+ 16,822+ 22,271+ 20,907 + 37,490 Total assets 6,622,382 167,873 3,390,382 125,273 246,450 521,811 447,626 426,423 108,513 61,582 86,702 318,670 721,077 Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

H.4.1 6. Statement of Condition of Each Federal Reserve Bank, February 11, 2026 (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, net 2,379,582 82,251 739,813 65,106 116,287 170,539 356,491 117,941 78,320 38,824 46,864 212,435 354,710 Reverse repurchase agreements6 320,655 7,383 170,173 6,326 13,068 28,858 21,207 16,267 4,838 2,142 3,077 14,382 32,934 Deposits 4,113,030 80,235 2,607,825 56,218 122,399 351,608 67,268 311,183 23,999 20,667 37,417 90,303 343,909 Depository institutions 2,958,493 80,229 1,634,144 56,217 122,367 350,811 67,260 131,415 23,985 20,613 37,390 90,191 343,871 U.S. Treasury, General Account 910,533 0 910,533 0 0 0 0 0 0 0 0 0 0 Foreign official 9,439 2 9,412 1 4 8 1 2 1 0 0 1 5 Other7 234,565 4 53,735 0 28 789 6 179,765 13 54 27 111 33 Earnings remittances due to the U.S. Treasury8 -245,247 -5,544 -144,412 -4,093 -10,478 -40,287 114 -22,012 -26 -515 -1,484 45 -16,554 Treasury contributions to credit facilities9 821 821 0 0 0 0 0 0 0 0 0 0 0 Other liabilities and accrued dividends 7,295 784 2,151 199 288 1,032 798 527 249 189 192 302 585 Total liabilities 6,576,136 165,929 3,375,550 123,756 241,564 511,750 445,878 423,907 107,379 61,307 86,065 317,469 715,584 Capital Capital paid in 39,460 1,661 12,647 1,292 4,196 8,573 1,507 2,145 964 235 548 1,009 4,683 Surplus 6,785 283 2,185 224 690 1,488 242 371 170 40 89 193 810 Other capital 0 0 0 0 0 0 0 0 0 0 0 0 0 Total liabilities and capital 6,622,382 167,873 3,390,382 125,273 246,450 521,811 447,626 426,423 108,513 61,582 86,702 318,670 721,077 Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

H.4.1 6. Statement of Condition of Each Federal Reserve Bank, February 11, 2026 (continued) 1. Securities include outright holdings of U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities, including securities lent to dealers under the overnight securities lending facility; refer to table 1A. Mortgage-backed securities are guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Unamortized premiums and discounts are the differences between the purchase price and the face value of the securities that have not been amortized. For U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities, amortization is on an effective-interest basis. Repurchase agreements reflect the cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities. Loans includes primary, secondary, and seasonal loans; the Paycheck Protection Program Liquidity Facility; and other credit extensions. 2. Includes assets purchased pursuant to terms of the credit facility and amounts related to Treasury contributions to the facility. Refer to note on consolidation below. 3. 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. 4. Revalued daily at current foreign currency exchange rates. 5. Includes items in process of collection, bank premises, accrued interest (which represents the daily accumulation of interest earned), and other accounts receivable. 6. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities. 7. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, designated financial market utilities, and deposits held by depository institutions in joint accounts in connection with their participation in certain private-sector payment arrangements. Also includes certain deposit accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks as fiscal agents of the United States. 8. The Federal Reserve Banks remit residual net earnings to the U.S. Treasury after providing for the costs of operations, payment of dividends, and the amount necessary to maintain each Federal Reserve Bank's allotted surplus cap. Positive amounts represent the estimated weekly remittances due to U.S. Treasury. Negative amounts represent the cumulative deferred asset position, which is incurred during a period when earnings are not sufficient to provide for the cost of operations, payment of dividends, and maintaining surplus. The deferred asset is the amount of net earnings that the Federal Reserve Banks need to realize before remittances to the U.S. Treasury resume. 9. Book value. Amount of equity investments in MS Facilities 2020 LLC. Note on consolidation: On July 15, 2020, the Federal Reserve Bank of Boston (FRBB) began extending loans to the MS Facilities 2020 LLC, under the authority of section 13(3) of the Federal Reserve Act. The LLC is a special purpose vehicle that was formed to help ensure credit flows to small and medium-sized businesses and to eligible nonprofits. The assets of the LLC and the amount provided by U.S. Treasury as credit protection to the FRBB are used to secure the loan from the FRBB. The FRBB is the managing member of MS Facilities 2020 LLC. Consistent with generally accepted accounting principles, the assets and liabilities of the LLC have been accounted for and consolidated with the assets and liabilities of the FRBB, in the preparation of the statements of condition shown on this release. As a consequence of the consolidation, the loan from the FRBB to the LLC is eliminated as are any balances held at the Federal Reserve Bank of New York (FRBNY) for the LLC consolidated to the FRBB. Treasury contributions to credit facilities are held at FRBNY until invested. Net assets of the LLC appear as assets on table 6 (and in table 1 and table 5), and the liabilities of the LLC to entities other than the FRBB, including those with recourse only to the portfolio holdings of the LLC, are included in other liabilities in this table (and table 1 and table 5). Net portfolio holdings of the LLC include assets purchased pursuant to terms of the credit facility and the amount provided by U.S. Treasury as credit protection to the FRBB appear as liabilities on table 6 (and in table 1 and table 5).

H.4.1 7. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts Millions of dollars Wednesday Federal Reserve notes and collateral Feb 11, 2026 Federal Reserve notes outstanding 2,817,406 Less: Notes held by F.R. Banks not subject to collateralization 437,824 Federal Reserve notes to be collateralized 2,379,582 Collateral held against Federal Reserve notes 2,379,582 Gold certificate account 11,037 Special drawing rights certificate account 15,200 U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 2,353,345 Other assets pledged 0 Memo: Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 6,323,776 Less: Face value of securities under reverse repurchase agreements 351,627 U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 5,972,149 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.