RCFD8712: Written OTC Commodity and Other OTC Option Contracts
RCFD8712 is the call report code for written otc commodity and other otc option contracts, reported on Schedule RC-L, Derivatives and Off-Balance-Sheet Items. For Q2 2026, 80 banks reported it, totaling $225.67B; the median among the 20 with a nonzero amount was $2.35B. The largest value reported for Q2 2026 was $92.46B, by JPMorgan Chase Bank, N.A.
Definition
Includes the contract amount for those OTC option contracts where the reporting entity has obligated itself, for compensation, to purchase or sell a commodity or product. Included are any other written OTC option that is not reportable as an interest rate, foreign exchange, or equity derivative contract in items 8709, 8710 or 8711.
Source: Federal Reserve Micro Data Reference Manual (MDRM). The FFIEC call report instructions remain the authority on how to report the item.
Where RCFD8712 sits on the call report
| Code | RCFD8712 (prefix RCFD, item 8712) |
|---|---|
| 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 | 1995 |
The same item under other prefixes
Item 8712 is also reported under these codes. Which banks file each one depends on the form they file.
| Code | Meaning of the prefix | Banks reporting |
|---|---|---|
| RCON8712 | 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 | RCFD8712 |
|---|---|---|
| JPMorgan Chase Bank, N.A. | Columbus, OH | $92.46B |
| Citibank, N.A. | Sioux Falls, SD | $48.72B |
| Bank of America, N.A. | Charlotte, NC | $18.81B |
| Wells Fargo Bank, N.A. | Sioux Falls, SD | $15.67B |
| Morgan Stanley Bank, N.A. | Salt Lake City, UT | $15.36B |
| State Street Bank and Trust Company | Boston, MA | $10.37B |
| Fifth Third Bank, N.A. | Cincinnati, OH | $6.30B |
| Goldman Sachs Bank USA | New York, NY | $5.71B |
| PNC Bank, N.A. | Wilmington, DE | $4.47B |
| Truist Bank | Charlotte, NC | $2.53B |
Total reported by quarter
| Quarter end | Banks reporting | Total reported |
|---|---|---|
| June 30, 2026 | 80 | $225.67B |
| March 31, 2026 | 80 | $247.62B |
| December 31, 2025 | 80 | $242.35B |
| September 30, 2025 | 80 | $210.46B |
| June 30, 2025 | 80 | $192.20B |
| March 31, 2025 | 82 | $185.00B |
| December 31, 2024 | 82 | $175.84B |
| September 30, 2024 | 82 | $196.42B |
Related
All codes on Schedule RC-L · All call report schedules · Find the code for a loan type · What a call report is