RCFD8700: Commodity and Other Forward Contracts
RCFD8700 is the call report code for commodity and other forward contracts, reported on Schedule RC-L, Derivatives and Off-Balance-Sheet Items. For Q2 2026, 80 banks reported it, totaling $543.64B; the median among the 9 with a nonzero amount was $15.77B. The largest value reported for Q2 2026 was $320.02B, by JPMorgan Chase Bank, N.A.
Definition
Includes the contract amount for all forward contracts committing the reporting entity to purchase or sell commodities such as agricultural products (e.g., wheat, coffee), precious metals (e.g., gold, platinum), and non-ferrous metals (e.g., copper, zinc). Also included are any other forward contract that is not reportable as an interest rate, foreign exchange, or equity derivative contract in items 8697, 8698 or 8699.
Source: Federal Reserve Micro Data Reference Manual (MDRM). The FFIEC call report instructions remain the authority on how to report the item.
Where RCFD8700 sits on the call report
| Code | RCFD8700 (prefix RCFD, item 8700) |
|---|---|
| Prefix RCFD | The consolidated bank, domestic and foreign offices, reported by FFIEC 031 filers (banks with foreign offices). |
| Schedule | RC-L, Derivatives and Off-Balance-Sheet Items |
| 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 8700 is also reported under these codes. Which banks file each one depends on the form they file.
| Code | Meaning of the prefix | Banks reporting |
|---|---|---|
| RCON8700 | Domestic offices. Banks without foreign offices (FFIEC 041 and 051 filers) report their whole balance sheet in RCON items | 935 |
Largest reported values, Q2 2026
| Bank | Headquarters | RCFD8700 |
|---|---|---|
| JPMorgan Chase Bank, N.A. | Columbus, OH | $320.02B |
| Citibank, N.A. | Sioux Falls, SD | $158.74B |
| Wells Fargo Bank, N.A. | Sioux Falls, SD | $24.51B |
| Bank of America, N.A. | Charlotte, NC | $19.36B |
| HSBC Bank USA, N.A. | Tysons, VA | $15.77B |
| Morgan Stanley Bank, N.A. | Salt Lake City, UT | $3.13B |
| U.S. Bank N.A. | Cincinnati, OH | $1.23B |
| Goldman Sachs Bank USA | New York, NY | $860.0M |
| Safra National Bank of New York | New York, NY | $6.6M |
Total reported by quarter
| Quarter end | Banks reporting | Total reported |
|---|---|---|
| June 30, 2026 | 80 | $543.64B |
| March 31, 2026 | 80 | $659.22B |
| December 31, 2025 | 80 | $610.99B |
| September 30, 2025 | 80 | $579.59B |
| June 30, 2025 | 80 | $480.12B |
| March 31, 2025 | 82 | $502.55B |
| December 31, 2024 | 82 | $422.30B |
| September 30, 2024 | 82 | $486.28B |
Related
All codes on Schedule RC-L · All call report schedules · Find the code for a loan type · What a call report is