RCFDA590: Estimated Fair Value of Mortgage Servicing Assets
RCFDA590 is the call report code for estimated fair value of mortgage servicing assets, reported on Schedule RC-M, Memoranda. For Q2 2026, 80 banks reported it, totaling $35.72B; the median among the 41 with a nonzero amount was $42.8M. The largest value reported for Q2 2026 was $9.16B, by JPMorgan Chase Bank, N.A.
Definition
Includes the estimated fair value of the capitalized mortgage servicing assets reported in Schedule RC-M, item no. 3164. For purposes of this item, the reporting bank should determine the fair value of mortgage servicing assets in the same manner that it determines the fair value of these assets for other financial reporting purposes, consistent with the guidance in FASB No. 125.
Source: Federal Reserve Micro Data Reference Manual (MDRM). The FFIEC call report instructions remain the authority on how to report the item.
Where RCFDA590 sits on the call report
| Code | RCFDA590 (prefix RCFD, item A590) |
|---|---|
| Prefix RCFD | The consolidated bank, domestic and foreign offices, reported by FFIEC 031 filers (banks with foreign offices). |
| Schedule | RC-M, Memoranda |
| Reported on | FFIEC 031 |
| Value | Dollar amount, reported in thousands, as of the quarter end |
| In the MDRM since | 1997 |
The same item under other prefixes
Item A590 is also reported under these codes. Which banks file each one depends on the form they file.
| Code | Meaning of the prefix | Banks reporting |
|---|---|---|
| RCONA590 | Domestic offices. Banks without foreign offices (FFIEC 041 and 051 filers) report their whole balance sheet in RCON items | 4,217 |
Largest reported values, Q2 2026
| Bank | Headquarters | RCFDA590 |
|---|---|---|
| JPMorgan Chase Bank, N.A. | Columbus, OH | $9.16B |
| Wells Fargo Bank, N.A. | Sioux Falls, SD | $6.19B |
| Truist Bank | Charlotte, NC | $4.28B |
| PNC Bank, N.A. | Wilmington, DE | $3.80B |
| U.S. Bank N.A. | Cincinnati, OH | $3.18B |
| Fifth Third Bank, N.A. | Cincinnati, OH | $1.61B |
| Citizens Bank, N.A. | Providence, RI | $1.48B |
| Regions Bank | Birmingham, AL | $1.16B |
| KeyBank N.A. | Cleveland, OH | $917.3M |
| Citibank, N.A. | Sioux Falls, SD | $788.0M |
Total reported by quarter
| Quarter end | Banks reporting | Total reported |
|---|---|---|
| June 30, 2026 | 80 | $35.72B |
| March 31, 2026 | 80 | $35.55B |
| December 31, 2025 | 80 | $35.28B |
| September 30, 2025 | 80 | $35.55B |
| June 30, 2025 | 80 | $35.55B |
| March 31, 2025 | 82 | $35.95B |
| December 31, 2024 | 82 | $37.60B |
| September 30, 2024 | 82 | $36.94B |
Related
All codes on Schedule RC-M · All call report schedules · Find the code for a loan type · What a call report is