RCFD3548: Trading Liabilities, Total
RCFD3548 is the call report code for trading liabilities, total, reported on Schedule RC, Balance Sheet. For Q2 2026, 80 banks reported it, totaling $414.72B; the median among the 26 with a nonzero amount was $2.45B. The largest value reported for Q2 2026 was $169.53B, by JPMorgan Chase Bank, N.A.
Definition
The amount of liabilities from the reporting bank's trading activities is to be reported in this item. Includes liabilities resulting from sales of assets that the reporting bank does not own and revaluation losses from the 'marking to market' (or the 'lower of cost or market') of interest rate, foreign exchange rate, and other off-balance sheet commodity and equity contracts into which the reporting bank has entered for trading, dealer, customer accommodation, and similar purposes. For those banks that must complete Schedule RC-D, Trading Assets and Liabilities, on the FFIEC 031 and 032 reports, the amount reported in this item equals Schedule RC-D, item 15. Includes the sum of items 3546 and 3547.
Source: Federal Reserve Micro Data Reference Manual (MDRM). The FFIEC call report instructions remain the authority on how to report the item.
Where RCFD3548 sits on the call report
| Code | RCFD3548 (prefix RCFD, item 3548) |
|---|---|
| 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 | 1993 |
The same item under other prefixes
Item 3548 is also reported under these codes. Which banks file each one depends on the form they file.
| Code | Meaning of the prefix | Banks reporting |
|---|---|---|
| RCON3548 | Domestic offices. Banks without foreign offices (FFIEC 041 and 051 filers) report their whole balance sheet in RCON items | 4,252 |
Largest reported values, Q2 2026
| Bank | Headquarters | RCFD3548 |
|---|---|---|
| JPMorgan Chase Bank, N.A. | Columbus, OH | $169.53B |
| Citibank, N.A. | Sioux Falls, SD | $54.57B |
| Bank of America, N.A. | Charlotte, NC | $51.86B |
| Goldman Sachs Bank USA | New York, NY | $47.95B |
| Morgan Stanley Bank, N.A. | Salt Lake City, UT | $30.93B |
| Wells Fargo Bank, N.A. | Sioux Falls, SD | $29.99B |
| State Street Bank and Trust Company | Boston, MA | $4.68B |
| Truist Bank | Charlotte, NC | $3.79B |
| U.S. Bank N.A. | Cincinnati, OH | $3.64B |
| PNC Bank, N.A. | Wilmington, DE | $3.14B |
Total reported by quarter
| Quarter end | Banks reporting | Total reported |
|---|---|---|
| June 30, 2026 | 80 | $414.72B |
| March 31, 2026 | 80 | $413.41B |
| December 31, 2025 | 80 | $304.25B |
| September 30, 2025 | 80 | $335.31B |
| June 30, 2025 | 80 | $343.81B |
| March 31, 2025 | 82 | $286.40B |
| December 31, 2024 | 82 | $284.75B |
| September 30, 2024 | 82 | $283.41B |
Related
All codes on Schedule RC · All call report schedules · Find the code for a loan type · What a call report is