RCFDC012: Derivatives with a Negative Fair Value Held for Purposes Other Than Trading
RCFDC012 is the call report code for derivatives with a negative fair value held for purposes other than trading, reported on Schedule RC-G, Other Liabilities. For Q2 2026, 80 banks reported it, totaling $1.95B; the median among the 7 with a nonzero amount was $265.7M. The largest value reported for Q2 2026 was $653.0M, by Regions Bank.
Definition
Report the amount of all other liabilities (other than those reported in Schedule RC-G, items 1, 2, and 3) that cannot properly be reported in Schedule RC, items 13 through 19. Include as all other liabilities, derivative instruments that have a negative fair value that the reporting bank holds for purposes other than trading. (Report this negative fair value in Schedule RC-G, item 4.d, if this amount is greater than $100,000 and exceeds 25 percent of the amount reported in Schedule RC-G, item 4.)
Source: Federal Reserve Micro Data Reference Manual (MDRM). The FFIEC call report instructions remain the authority on how to report the item.
Where RCFDC012 sits on the call report
| Code | RCFDC012 (prefix RCFD, item C012) |
|---|---|
| Prefix RCFD | The consolidated bank, domestic and foreign offices, reported by FFIEC 031 filers (banks with foreign offices). |
| Schedule | RC-G, Other Liabilities |
| 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 C012 is also reported under these codes. Which banks file each one depends on the form they file.
| Code | Meaning of the prefix | Banks reporting |
|---|---|---|
| RCONC012 | Domestic offices. Banks without foreign offices (FFIEC 041 and 051 filers) report their whole balance sheet in RCON items | 3,392 |
Largest reported values, Q2 2026
| Bank | Headquarters | RCFDC012 |
|---|---|---|
| Regions Bank | Birmingham, AL | $653.0M |
| First Financial Bank | Cincinnati, OH | $499.4M |
| East West Bank | Pasadena, CA | $285.1M |
| Old National Bank | Evansville, IN | $265.7M |
| Valley National Bank | Passaic, NJ | $241.4M |
| Safra National Bank of New York | New York, NY | $8.1M |
| Habib American Bank | New York, NY | $335K |
Total reported by quarter
| Quarter end | Banks reporting | Total reported |
|---|---|---|
| June 30, 2026 | 80 | $1.95B |
| March 31, 2026 | 80 | $1.32B |
| December 31, 2025 | 80 | $1.22B |
| September 30, 2025 | 80 | $1.16B |
| June 30, 2025 | 80 | $1.80B |
| March 31, 2025 | 82 | $3.16B |
| December 31, 2024 | 82 | $3.89B |
| September 30, 2024 | 82 | $1.91B |
Related
All codes on Schedule RC-G · All call report schedules · Find the code for a loan type · What a call report is