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On-Balance-Sheet Items Face Value Cash $ 130,600 Short-term government securities ( <92 days) 6,300 Long-term government securities (>92 days) 423,400 Federal Reserve stock 10,700 Repos

On-Balance-Sheet Items Face Value
Cash $ 130,600
Short-term government securities (<92 days) 6,300
Long-term government securities (>92 days) 423,400
Federal Reserve stock 10,700
Repos secured by federal agencies 168,000
Claims on U.S. depository institutions 946,900
Loans to foreign banks, OECD CRC rated 2 1,730,000
General obligation municipals 179,000
Claims on or guaranteed by federal agencies 27,400
Municipal revenue bonds 121,900
Residential mortgages, category 1, loan-to-value ratio 75% 5,900,000
Commercial loans 5,567,669
Loans to sovereigns, OECD CRC rated 3 12,500
Premises and equipment 464,000
Off-Balance-Sheet Items Conversion Factor (%) Face Value
U.S. Government Counterparty
Loan commitments:
<1 year 20 $ 300
15 year 50 1,140
Standby letters of credit:
Performance-related 50 200
Direct-credit substitute 100 100
U.S. Depository Institutions Counterparty
Loan commitments:
<1 year 20 100
>1 year 50 3,000
Standby letters of credit:
Performance-related 50 200
Direct-credit substitute 100 56,400
Commercial letters of credit 20 400
State and Local Government Counterparty (revenue municipals)
Loan commitments:
>1 year 50 100
Standby letters of credit:
Performance-related 50 135,400
Corporate Customer Counterparty
Loan commitments:
<1 year 20 3,212,400
>1 year 50 3,046,278
Standby letters of credit:
Performance-related 50 101,543
Direct-credit substitute 100 490,900
Commercial letters of credit 20 78,978
Sovereign Counterparty
Loan commitments, OECD CRC rated 1:
<1 year 20 110,500
>1 year 50 1,225,400
Sovereign Counterparty
Loan commitments, OECD CRC rated 2:
<1 year 20 85,000
>1 year 50 115,500
Sovereign Counterparty
Loan commitments, OECD CRC rated 7:
>1 year 50 30,000
Interest rate market contracts (current exposure assumed to be zero):
<1 year (notional amount) 0 2,000
>15 year (notional amount) 0.5 5,000

The answer is not 9,609,129

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