RCFD8725: Total Gross Notional Amount of Interest Rate Derivative Contracts Held for Purposes Other Than Trading: Contracts Marked to Market
RCFD8725 is the call report code for total gross notional amount of interest rate derivative contracts held for purposes other than trading: contracts marked to market, reported on Schedule RC-L, Derivatives and Off-Balance-Sheet Items. For Q2 2026, 80 banks reported it, totaling $5.74T; the median among the 58 with a nonzero amount was $20.61B. The largest value reported for Q2 2026 was $1.29T, by Bank of America, N.A.
Definition
Includes the total notional amount or par value of those interest rate derivative contracts reported in items 8693, 8697, 8701, 8705, 8709, 8713 and 3450 that are held for purposes other than trading and that, for purposes of these reports, are accounted for at market value or lower of cost or market value with gains and losses recognized either in earnings or in equity capital. Includes (a) off-balance-sheet contracts used to hedge debt and equity securities classified as available-for-sale, (b) foreign exchange contracts that are designated as, and are effective as, economic hedges of a net investment in a foreign office, (c) intercompany foreign exchange contracts of a long-term investment nature when the parties to the contract are consolidated, combined or accounted for by the equity method, and (d) off-balance-sheet contracts used to hedge other assets or liabilities not held for trading purposes that are accounted for at market value.
Source: Federal Reserve Micro Data Reference Manual (MDRM). The FFIEC call report instructions remain the authority on how to report the item.
Where RCFD8725 sits on the call report
| Code | RCFD8725 (prefix RCFD, item 8725) |
|---|---|
| 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 8725 is also reported under these codes. Which banks file each one depends on the form they file.
| Code | Meaning of the prefix | Banks reporting |
|---|---|---|
| RCON8725 | Domestic offices. Banks without foreign offices (FFIEC 041 and 051 filers) report their whole balance sheet in RCON items | 1,582 |
Largest reported values, Q2 2026
| Bank | Headquarters | RCFD8725 |
|---|---|---|
| Bank of America, N.A. | Charlotte, NC | $1.29T |
| JPMorgan Chase Bank, N.A. | Columbus, OH | $1.09T |
| Wells Fargo Bank, N.A. | Sioux Falls, SD | $478.87B |
| Morgan Stanley Bank, N.A. | Salt Lake City, UT | $428.64B |
| TD Bank, N.A. | Wilmington, DE | $308.22B |
| PNC Bank, N.A. | Wilmington, DE | $236.03B |
| Regions Bank | Birmingham, AL | $176.23B |
| Capital One, N.A. | McLean, VA | $162.69B |
| Truist Bank | Charlotte, NC | $148.24B |
| BMO Bank N.A. | Chicago, IL | $147.80B |
Total reported by quarter
| Quarter end | Banks reporting | Total reported |
|---|---|---|
| June 30, 2026 | 80 | $5.74T |
| March 31, 2026 | 80 | $6.08T |
| December 31, 2025 | 80 | $5.13T |
| September 30, 2025 | 80 | $5.17T |
| June 30, 2025 | 80 | $4.97T |
| March 31, 2025 | 82 | $4.80T |
| December 31, 2024 | 82 | $4.53T |
| September 30, 2024 | 82 | $4.64T |
Related
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