STATEMENTS OF CONDITION OF THE FEDERAL RESERVE BANK OF NEW YORK (in millions) For release at 4:15 pm Federal Reserve Bank of New York August 14, 2008 August 13, 2008 August 6, 2008 August 15, 2007 ASSETS Gold certificate account 3,935 3,935 4,053 Special Drawing Rights certificate account 874 874 874 Coin 63 62 54 Loans 99,052 99,052 0 Repurchase agreements (1) 42,073 37,269 8,690 Federal agency obligations held outright (2) U.S. Government securities held outright: Bills 7,735 7,735 100,308 Notes (3) 120,008 119,986 145,456 Bonds (4) 42,837 42,821 40,148 Total Government securities held o 170,580 170,542 285,912 Total loans and securities 311,705 306,863 294,602 Net portfolio holdings of Maiden Lane LLC 29,179 29,139 0 Cash items in process of collection 0 0 45 Bank premises 212 212 215 Other assets (7) 27,386 27,809 11,144 Interdistrict settlement account (44,485) (43,732) 5,853 TOTAL ASSETS 328,869 325,162 316,840 LIABILITIES Federal Reserve notes 293,376 292,107 285,747 Reverse repurchase agreements (8) 15,716 15,370 11,566 Deposits: Depository Institutions 7,023 2,958 3,317 U.S. Treasury account 4,715 4,798 5,109 Foreign accounts 71 71 66 Other 197 186 180 Total deposits 12,006 8,013 8,672 Deferred credit items 0 0 87 Other liabilities and accrued dividends (9 (2,487) (631) 1,846 TOTAL LIABILITIES 318,611 314,859 307,918 CAPITAL ACCOUNTS Capital paid in 5,068 5,065 4,405 Surplus 4,668 4,665 3,805 Other capital accounts 522 573 712 TOTAL LIABILITIES & CAPITAL ACCOUNTS 328,869 325,162 316,840 1. Cash value of agreements,which are collateralized by U.S. Treasury and federal agency securities. 2. Face value of the securities. 3. Includes $8,503 million of inflation-indexed notes valued at the original face amount and $1,153 million of compensation that adjusts for the effects of inflation on the principal of such securities. 4. Includes $5,668 million of inflation-indexed bonds valued at the original face amount and $1,029 million of compensation that adjusts for the effects of inflation on the principal of such securities. 5. Includes securities loans of $46,629 million that are fully collateralized by other U.S. government securities. 6. Fair value. Refer to the note on consolidation below. 7. Includes assets denominated in foreign currencies, revalued daily at market exchange rates. 8. Cash value of agreements, which are collateralized by U.S. Treasury securities. 9. Includes exchange-translation account reflecting the daily revaluation at market exchange rates of foreign exchange commitments. 10. Includes the liabilities of Maiden Lane LLC to entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only to the portfolio holdings of Maiden Lane LLC. Refer to the note on consolidation below. Note on consolidation: On June 26, 2008, the Federal Reserve Bank of New York extended a loan under the authority of section 13(3) of the Federal Reserve Information on Principal Accounts of Maiden Lane LLC Millions of dollars Account name Wednesday 13-Aug-08 Net portfolio holdings of Maiden Lane LLC 29,179 Outstanding principal amount of loan exten 28,820 Accrued interest payable to the Federal Re 87 Outstanding principal amount and accrued i 1,160 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 release reflects valuations as of June 30, 2008. 2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York’s statements of condition consistent with consolidation under generally accepted accounting principles. Refer to the above note on consolidation. 3. Book value. The fair value of these obligations is included in other liabilities and accrued dividends in the statements of condition. For further information on the accounting for the Maiden Lane LLC, see the Board of Governors Release H.4.1.