RCFDJ981: Assets of Consolidated Variable Interest Entities (VIES) That Can Be Used Only to Settle Obligations of the Consolidated VIES: Cash and Balances Due from Depository Institutions - Securitization Vehicles
RCFDJ981 is the call report code for assets of consolidated variable interest entities (vies) that can be used only to settle obligations of the consolidated vies: cash and balances due from depository institutions - securitization vehicles, reported on Schedule RC-V, Variable Interest Entities. For Q2 2026, 80 banks reported it, totaling $608.0M; the median among the 8 with a nonzero amount was $47.0M. The largest value reported for Q2 2026 was $244.8M, by Santander Bank, N.A.
Definition
Report in the appropriate column the amount of cash and balances due from depository institutions held by consolidated VIEs included in Schedule RC, item 1.a, 'Noninterest-bearing balances and currency and coin,' and item 1.b, 'Interest-bearing balances,' that can be used only to settle obligations of the same consolidated VIEs. Securitization Vehicles: Securitization vehicles include VIEs that have been created to pool and repackage mortgages, other assets, or other credit exposures into securities that can be transferred to investors.
Source: Federal Reserve Micro Data Reference Manual (MDRM). The FFIEC call report instructions remain the authority on how to report the item.
Where RCFDJ981 sits on the call report
| Code | RCFDJ981 (prefix RCFD, item J981) |
|---|---|
| Prefix RCFD | The consolidated bank, domestic and foreign offices, reported by FFIEC 031 filers (banks with foreign offices). |
| Schedule | RC-V, Variable Interest Entities |
| Reported on | FFIEC 031 |
| Value | Dollar amount, reported in thousands, as of the quarter end |
| In the MDRM since | 2011 |
The same item under other prefixes
Item J981 is also reported under these codes. Which banks file each one depends on the form they file.
| Code | Meaning of the prefix | Banks reporting |
|---|---|---|
| RCONJ981 | 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 | RCFDJ981 |
|---|---|---|
| Santander Bank, N.A. | Wilmington, DE | $244.8M |
| Bank of America, N.A. | Charlotte, NC | $157.0M |
| USAA Federal Savings Bank | Phoenix, AZ | $86.0M |
| Wells Fargo Bank, N.A. | Sioux Falls, SD | $62.0M |
| Fifth Third Bank, N.A. | Cincinnati, OH | $32.0M |
| Capital One, N.A. | McLean, VA | $17.0M |
| JPMorgan Chase Bank, N.A. | Columbus, OH | $5.0M |
| American Express National Bank | Sandy, UT | $4.3M |
Total reported by quarter
| Quarter end | Banks reporting | Total reported |
|---|---|---|
| June 30, 2026 | 80 | $608.0M |
| March 31, 2026 | 80 | $633.0M |
| December 31, 2025 | 80 | $592.1M |
| September 30, 2025 | 80 | $555.9M |
| June 30, 2025 | 80 | $1.12B |
| March 31, 2025 | 82 | $1.10B |
| December 31, 2024 | 82 | $1.02B |
| September 30, 2024 | 82 | $1.02B |
Related
All codes on Schedule RC-V · All call report schedules · Find the code for a loan type · What a call report is