RCFD3368: Quarterly Average of Total Assets
RCFD3368 is the call report code for quarterly average of total assets, reported on Schedule RC-K, Quarterly Averages. For Q2 2026, 80 banks reported it, totaling $19.98T; the median among the 80 with a nonzero amount was $37.83B. The largest value reported for Q2 2026 was $4.08T, by JPMorgan Chase Bank, N.A.
Definition
For days that an office of the entity (or any of its consolidated subsidiaries or branches) is closed (e.g., Saturdays, Sundays, or holidays), the amount outstanding from the previous business day is reported. An office is considered closed if there are no transactions posted to the general ledger as of that date. Note: The quarterly average for total assets reflects all debt securities (not held for trading) at amortized cost, available-for-sale equity securities with readily determinable fair values at the lower of cost or fair value, and equity securities without readily determinable fair values at historical cost. In addition, to the extent that net deferred tax assets included in the entity's total assets, if any, include the deferred tax effects of any unrealized holding gains and losses on available-for-sale debt securities, these deferred tax effects may be excluded from the determination of the quarterly average for total assets. If these deferred tax effects are excluded, this treatment must be followed consistently over time.
Source: Federal Reserve Micro Data Reference Manual (MDRM). The FFIEC call report instructions remain the authority on how to report the item.
Where RCFD3368 sits on the call report
| Code | RCFD3368 (prefix RCFD, item 3368) |
|---|---|
| Prefix RCFD | The consolidated bank, domestic and foreign offices, reported by FFIEC 031 filers (banks with foreign offices). |
| Schedule | RC-K, Quarterly Averages |
| Reported on | FFIEC 031 |
| Value | Dollar amount, reported in thousands, as of the quarter end |
| In the MDRM since | 1978 |
The same item under other prefixes
Item 3368 is also reported under these codes. Which banks file each one depends on the form they file.
| Code | Meaning of the prefix | Banks reporting |
|---|---|---|
| RCON3368 | 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
| Bank | Headquarters | RCFD3368 |
|---|---|---|
| JPMorgan Chase Bank, N.A. | Columbus, OH | $4.08T |
| Bank of America, N.A. | Charlotte, NC | $2.68T |
| Citibank, N.A. | Sioux Falls, SD | $1.99T |
| Wells Fargo Bank, N.A. | Sioux Falls, SD | $1.88T |
| Goldman Sachs Bank USA | New York, NY | $774.68B |
| U.S. Bank N.A. | Cincinnati, OH | $678.48B |
| Capital One, N.A. | McLean, VA | $675.26B |
| PNC Bank, N.A. | Wilmington, DE | $610.16B |
| Truist Bank | Charlotte, NC | $547.14B |
| Morgan Stanley Bank, N.A. | Salt Lake City, UT | $394.98B |
Total reported by quarter
| Quarter end | Banks reporting | Total reported |
|---|---|---|
| June 30, 2026 | 80 | $19.98T |
| March 31, 2026 | 80 | $19.45T |
| December 31, 2025 | 80 | $18.84T |
| September 30, 2025 | 80 | $18.67T |
| June 30, 2025 | 80 | $18.39T |
| March 31, 2025 | 82 | $18.10T |
| December 31, 2024 | 82 | $18.07T |
| September 30, 2024 | 82 | $17.93T |
Related
All codes on Schedule RC-K · All call report schedules · Find the code for a loan type · What a call report is