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Call report code · Schedule RC

RCFD2948: Total Liabilities and Minority Interest

RCFD2948 is the call report code for total liabilities and minority interest, reported on Schedule RC, Balance Sheet. For Q2 2026, 80 banks reported it, totaling $18.22T; the median among the 80 with a nonzero amount was $34.68B. The largest value reported for Q2 2026 was $3.75T, by JPMorgan Chase Bank, N.A.

Definition

The sum of all liability items including subordinated notes and debentures. For FNBK, includes the sum of items A012 and C380.

Source: Federal Reserve Micro Data Reference Manual (MDRM). The FFIEC call report instructions remain the authority on how to report the item.

Where RCFD2948 sits on the call report

Reference facts for call report code RCFD2948
CodeRCFD2948 (prefix RCFD, item 2948)
Prefix RCFDThe consolidated bank, domestic and foreign offices, reported by FFIEC 031 filers (banks with foreign offices).
ScheduleRC, Balance Sheet
Reported onFFIEC 031
ValueDollar amount, reported in thousands, as of the quarter end
In the MDRM since1984

The same item under other prefixes

Item 2948 is also reported under these codes. Which banks file each one depends on the form they file.

CodeMeaning of the prefixBanks reporting
RCON2948 Domestic offices. Banks without foreign offices (FFIEC 041 and 051 filers) report their whole balance sheet in RCON items 4,217

Largest reported values, Q2 2026

The ten banks reporting the largest RCFD2948 values
BankHeadquartersRCFD2948
JPMorgan Chase Bank, N.A. Columbus, OH $3.75T
Bank of America, N.A. Charlotte, NC $2.41T
Citibank, N.A. Sioux Falls, SD $1.80T
Wells Fargo Bank, N.A. Sioux Falls, SD $1.74T
Goldman Sachs Bank USA New York, NY $698.57B
U.S. Bank N.A. Cincinnati, OH $636.09B
Capital One, N.A. McLean, VA $563.44B
PNC Bank, N.A. Wilmington, DE $546.58B
Truist Bank Charlotte, NC $485.38B
The Bank of New York Mellon New York, NY $395.67B

Total reported by quarter

Sum of RCFD2948 across the banks that reported it, by quarter
Quarter endBanks reportingTotal reported
June 30, 202680$18.22T
March 31, 202680$17.93T
December 31, 202580$16.96T
September 30, 202580$16.89T
June 30, 202580$16.86T
March 31, 202582$16.50T
December 31, 202482$16.15T
September 30, 202482$16.27T

Related

All codes on Schedule RC · All call report schedules · Find the code for a loan type · What a call report is