RCFDC974: Credit Derivatives: Notional Amounts- Other Credit Derivatives-guarantor
RCFDC974 is the call report code for credit derivatives: notional amounts- other credit derivatives-guarantor, reported on Schedule RC-L, Derivatives and Off-Balance-Sheet Items. For Q2 2026, 80 banks reported it, totaling $61.07B; the median among the 21 with a nonzero amount was $1.12B. The largest value reported for Q2 2026 was $13.76B, by Wells Fargo Bank, N.A.
Definition
Report the notional amount of all other credit derivatives for which the bank is the protection seller. Other credit derivatives consist of any credit derivatives not reportable as a credit default swap, a total return swap, or a credit option. Credit linked notes are cash securities and should not be reported as other credit derivatives.
Source: Federal Reserve Micro Data Reference Manual (MDRM). The FFIEC call report instructions remain the authority on how to report the item.
Where RCFDC974 sits on the call report
| Code | RCFDC974 (prefix RCFD, item C974) |
|---|---|
| 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 | 2006 |
The same item under other prefixes
Item C974 is also reported under these codes. Which banks file each one depends on the form they file.
| Code | Meaning of the prefix | Banks reporting |
|---|---|---|
| RCONC974 | 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 | RCFDC974 |
|---|---|---|
| Wells Fargo Bank, N.A. | Sioux Falls, SD | $13.76B |
| U.S. Bank N.A. | Cincinnati, OH | $10.49B |
| PNC Bank, N.A. | Wilmington, DE | $8.96B |
| Truist Bank | Charlotte, NC | $7.52B |
| Fifth Third Bank, N.A. | Cincinnati, OH | $3.56B |
| Regions Bank | Birmingham, AL | $3.53B |
| Citizens Bank, N.A. | Providence, RI | $2.83B |
| Capital One, N.A. | McLean, VA | $2.55B |
| The Huntington National Bank | Columbus, OH | $2.36B |
| Old National Bank | Evansville, IN | $1.19B |
Total reported by quarter
| Quarter end | Banks reporting | Total reported |
|---|---|---|
| June 30, 2026 | 80 | $61.07B |
| March 31, 2026 | 80 | $59.76B |
| December 31, 2025 | 80 | $53.26B |
| September 30, 2025 | 80 | $49.44B |
| June 30, 2025 | 80 | $46.16B |
| March 31, 2025 | 82 | $49.49B |
| December 31, 2024 | 82 | $48.16B |
| September 30, 2024 | 82 | $49.85B |
Related
All codes on Schedule RC-L · All call report schedules · Find the code for a loan type · What a call report is