RCFD8747: Gross Negative Fair Value of Equity Derivative Contracts Held for Purposes Other Than Trading That Are Marked to Market
RCFD8747 is the call report code for gross negative fair value of equity derivative contracts held for purposes other than trading that are marked to market, reported on Schedule RC-L, Derivatives and Off-Balance-Sheet Items. For Q2 2026, 80 banks reported it, totaling $820.4M; the median among the 15 with a nonzero amount was $21.9M. The largest value reported for Q2 2026 was $325.0M, by JPMorgan Chase Bank, N.A.
Definition
Includes the total fair value of 'Total Gross Notional Amount Of Equity Derivative Contracts Held For Purposes Other Than Trading: Contracts Marked To Market (8727)' with negative fair values. The total fair value is reported as an absolute value, and should not be enclosed in parentheses or a minus (-) sign is not to be used.
Source: Federal Reserve Micro Data Reference Manual (MDRM). The FFIEC call report instructions remain the authority on how to report the item.
Where RCFD8747 sits on the call report
| Code | RCFD8747 (prefix RCFD, item 8747) |
|---|---|
| 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 8747 is also reported under these codes. Which banks file each one depends on the form they file.
| Code | Meaning of the prefix | Banks reporting |
|---|---|---|
| RCON8747 | 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 | RCFD8747 |
|---|---|---|
| JPMorgan Chase Bank, N.A. | Columbus, OH | $325.0M |
| Morgan Stanley Bank, N.A. | Salt Lake City, UT | $122.0M |
| Bank of America, N.A. | Charlotte, NC | $104.0M |
| PNC Bank, N.A. | Wilmington, DE | $90.5M |
| Fifth Third Bank, N.A. | Cincinnati, OH | $70.0M |
| Banco Popular de Puerto Rico | San Juan, PR | $27.0M |
| The Northern Trust Company | Chicago, IL | $23.1M |
| HSBC Bank USA, N.A. | Tysons, VA | $21.9M |
| Truist Bank | Charlotte, NC | $15.0M |
| Goldman Sachs Bank USA | New York, NY | $12.0M |
Total reported by quarter
| Quarter end | Banks reporting | Total reported |
|---|---|---|
| June 30, 2026 | 80 | $820.4M |
| March 31, 2026 | 80 | $949.3M |
| December 31, 2025 | 80 | $727.5M |
| September 30, 2025 | 80 | $876.3M |
| June 30, 2025 | 80 | $882.9M |
| March 31, 2025 | 82 | $962.9M |
| December 31, 2024 | 82 | $884.6M |
| September 30, 2024 | 82 | $1.96B |
Related
All codes on Schedule RC-L · All call report schedules · Find the code for a loan type · What a call report is