RCFDB868: Personal Trust and Agency Accounts - Managed Assets
RCFDB868 is the call report code for personal trust and agency accounts - managed assets, reported on Schedule RC-T, Fiduciary and Related Services. For Q2 2026, 44 banks reported it, totaling $636.85B; the median among the 37 with a nonzero amount was $5.48B. The largest value reported for Q2 2026 was $113.95B, by Bank of America, N.A.
Definition
Report the market value for all testamentary trusts, revocable and irrevocable living trusts, other personal trusts, and non-managed personal agency accounts. Include accounts in which the institution serves as executor, administrator, guardian, or conservator. Exclude personal investment management agency accounts, which should be reported in Schedule RC-T, item 7 (B886). Also exclude Keogh Act plans, Individual Retirement Accounts (IRAs), and other pension or profit-sharing plans for self-employed individuals which should be reported in Schedule RC-T, item 5.c (B880). Personal accounts that are solely custody or safekeeping should be reported in item 10 of this schedule. Includes the total market value of assets held in managed fiduciary accounts. An account should be categorized as managed if the institution has investment discretion. Investment discretion is defined as the sole or shared authority (whether or not that authority is exercised) to determine what securities or other assets to purchase or sell on behalf of the fiduciary related account. An institution that delegates its authority over investments and an institution that receives delegated authority over investments are BOTH deemed to have investment discretion. An entire account should be reported as either managed or non-managed based on the predominant responsibility of the reporting institution. For Memoranda item (M1.l) report the sum of Memorandum items 1.a. through 1.k (B913, B914, B915, B916, B917, B918, B919, B920, B921, B922, and B923). This item must equal Schedule RC-T, item 4, Column A.
Source: Federal Reserve Micro Data Reference Manual (MDRM). The FFIEC call report instructions remain the authority on how to report the item.
Where RCFDB868 sits on the call report
| Code | RCFDB868 (prefix RCFD, item B868) |
|---|---|
| Prefix RCFD | The consolidated bank, domestic and foreign offices, reported by FFIEC 031 filers (banks with foreign offices). |
| Schedule | RC-T, Fiduciary and Related Services |
| Reported on | FFIEC 031 |
| Value | Dollar amount, reported in thousands, as of the quarter end |
| In the MDRM since | 2001 |
The same item under other prefixes
Item B868 is also reported under these codes. Which banks file each one depends on the form they file.
| Code | Meaning of the prefix | Banks reporting |
|---|---|---|
| RCONB868 | Domestic offices. Banks without foreign offices (FFIEC 041 and 051 filers) report their whole balance sheet in RCON items | 427 |
Largest reported values, Q2 2026
| Bank | Headquarters | RCFDB868 |
|---|---|---|
| Bank of America, N.A. | Charlotte, NC | $113.95B |
| The Northern Trust Company | Chicago, IL | $89.98B |
| Wells Fargo Bank, N.A. | Sioux Falls, SD | $49.38B |
| PNC Bank, N.A. | Wilmington, DE | $47.86B |
| JPMorgan Chase Bank, N.A. | Columbus, OH | $47.70B |
| U.S. Bank N.A. | Cincinnati, OH | $44.67B |
| Fifth Third Bank, N.A. | Cincinnati, OH | $36.23B |
| BNY Mellon, N.A. | Pittsburgh, PA | $34.25B |
| Manufacturers and Traders Trust Company | Buffalo, NY | $25.01B |
| City National Bank | Los Angeles, CA | $18.37B |
Total reported by quarter
| Quarter end | Banks reporting | Total reported |
|---|---|---|
| June 30, 2026 | 44 | $636.85B |
| March 31, 2026 | 44 | $600.22B |
| December 31, 2025 | 46 | $576.53B |
| September 30, 2025 | 42 | $572.11B |
| June 30, 2025 | 42 | $560.05B |
| March 31, 2025 | 43 | $540.50B |
| December 31, 2024 | 48 | $548.96B |
| September 30, 2024 | 44 | $557.18B |
Related
All codes on Schedule RC-T · All call report schedules · Find the code for a loan type · What a call report is