Exhibit 809 ยท Press release
Federal Reserve Board releases preliminary 2023 financial information for the Reserve Banks
In 2023, the Reserve Banks increased the deferred asset by $116.4 billion resulting in a cumulative deferred asset at year-end of $133.0 billion.
2023 expenses exceeded estimated earnings by $114.3 billion; interest expense of $281.1 billion, of which $116.3 billion was interest on reserve balances; statutory dividends $1.5 billion; deferred asset up $116.4 billion to $133.0 billion at year-end.
- Source
- Board of Governors of the Federal Reserve System
- Date
- 12 January 2024
- Quoted from
- Bullet list, final paragraph
- Grade
- Primary record
- Document
- https://www.federalreserve.gov/newsevents/pressreleases/other20240112a.htm
- Accessed
- 2026-11-09
- Cited by
- Findings citing this exhibit