RCFD3123: Allowance for Loan and Lease Losses
RCFD3123 is the call report code for allowance for loan and lease losses, reported on Schedule RC, Balance Sheet. For Q2 2026, 80 banks reported it, totaling $164.74B; the median among the 70 with a nonzero amount was $293.1M. The largest value reported for Q2 2026 was $25.94B, by JPMorgan Chase Bank, N.A.
Definition
As of 12/31/2023, ASU 2016-13 'Measurement of Credit Losses on Financial Instruments,' was effective for all institutions.ALLOWANCE FOR LOAN AND LEASE LOSSESIncludes the sum of 'Allowance for Loan and Lease Losses - Beginning Balance (3124)', 'Recoveries in Allowance for Loan and Lease Losses (4605)', 'Provision for Allowance for Loan and Lease Losses (4230)' and 'Adjustments (4815)' minus 'Charge-Offs in Allowance for Loan and Lease Losses (4635)'.
Source: Federal Reserve Micro Data Reference Manual (MDRM). The FFIEC call report instructions remain the authority on how to report the item.
Where RCFD3123 sits on the call report
| Code | RCFD3123 (prefix RCFD, item 3123) |
|---|---|
| Prefix RCFD | The consolidated bank, domestic and foreign offices, reported by FFIEC 031 filers (banks with foreign offices). |
| Schedule | RC, Balance Sheet |
| Reported on | FFIEC 031 |
| Value | Dollar amount, reported in thousands, as of the quarter end |
| In the MDRM since | 1976 |
The same item under other prefixes
Item 3123 is also reported under these codes. Which banks file each one depends on the form they file.
| Code | Meaning of the prefix | Banks reporting |
|---|---|---|
| RCON3123 | Domestic offices. Banks without foreign offices (FFIEC 041 and 051 filers) report their whole balance sheet in RCON items | 4,217 |
| RIAD3123 | Income statement items (Schedule RI and its supporting schedules) | 4,297 |
Largest reported values, Q2 2026
| Bank | Headquarters | RCFD3123 |
|---|---|---|
| JPMorgan Chase Bank, N.A. | Columbus, OH | $25.94B |
| Capital One, N.A. | McLean, VA | $22.97B |
| Citibank, N.A. | Sioux Falls, SD | $17.66B |
| Wells Fargo Bank, N.A. | Sioux Falls, SD | $13.91B |
| Bank of America, N.A. | Charlotte, NC | $13.10B |
| Synchrony Bank | Draper, UT | $10.06B |
| U.S. Bank N.A. | Cincinnati, OH | $7.65B |
| American Express National Bank | Sandy, UT | $5.61B |
| Truist Bank | Charlotte, NC | $4.98B |
| PNC Bank, N.A. | Wilmington, DE | $4.65B |
Total reported by quarter
| Quarter end | Banks reporting | Total reported |
|---|---|---|
| June 30, 2026 | 80 | $164.74B |
| March 31, 2026 | 80 | $165.14B |
| December 31, 2025 | 80 | $162.29B |
| September 30, 2025 | 80 | $164.43B |
| June 30, 2025 | 80 | $165.02B |
| March 31, 2025 | 82 | $165.04B |
| December 31, 2024 | 82 | $164.77B |
| September 30, 2024 | 82 | $164.82B |
Related
All codes on Schedule RC · All call report schedules · Find the code for a loan type · What a call report is