RCFD3545: Trading Assets, Total

Definition

Banks that (a) regularly underwrite or deal in securities, interest rate contracts, foreign exchange rate contracts, other off-balance sheet commodity and equity contracts, other financial instruments, and other assets for resale, (b) acquire or take positions in such items principally for the purpose of selling in the near term or otherwise with the intent to resell in order to profit from short-term price movements, or (c) acquire or take positions in such items as an accommodation to customers or for other trading purposes shall report in this item the value of such assets or positions on the report date. Assets and other financial instruments held for trading shall be consistently valued at fair value (or, if appropriate, at the lower of cost or fair value). Does not include the carrying value of any available-for-sale securities or of any loans or leases that are held for sale. Available-for-sale securities are generally reported in item 1773 (reported in Schedule RC, item 2(b)), and in Schedule RC-B, columns C and D. Loans and leases held for sale should be reported in item 2122 (reported in Schedule RC, item 4(a) and in Schedule RC-C (including Memorandum item 5 (5369)). For the FFIEC 002 report, available-for-sale securities are reported in Schedule RAL, item 1918 or item 0373, and in Schedule RAL, Memo items 1773 and 1772. Loans and leases that are held for sale are reported in Schedule RAL, item 2122, and in Schedule C. Assets held in trading accounts include but are not limited to U.S. Treasury securities, U.S. Government agency and corporation obligations, securities issued by states and political subdivisions in the U.S., other bonds, notes, and debentures, certificates of deposit, commercial paper, and bankers acceptances. Assets held in trading accounts also include the amount of revaluation gains (i.e., assets) from the 'marking to market' of interest rate, foreign exchange rate, and other off-balance sheet commodity and equity contracts held for trading purposes. Revaluation gains and losses (i.e., assets and liabilities) from the 'marking to market' (or the 'lower of cost or market') of the reporting bank's interest rate, foreign exchange rate, and other off-balance sheet commodity and equity contracts with the same counter party that meet the criteria for a valid right of setoff contained in FASB Interpretation No. 39 (e.g., those contracts subject to a qualifying master netting agreement) may be reported on a net basis using this item and item 3548 (reported in Schedule RC, item 15(b)), as appropriate. Note: For those banks filing the FFIEC 031 or 032 reports that must complete Schedule RC-D, this item equals Schedule RC-D, item 12, 'Total trading assets.'

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

Where RCFD3545 sits on the call report

The same item under other prefixes

Item 3545 is also reported under these codes. Which banks file each one depends on the form they file.

Largest reported values, Q2 2026

Total reported by quarter

Related

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