RCFDK122: Loan Modifications to Borrowers Experiencing Financial Difficulty : Commercial and Industrial Loans - to US Addressees - Nonaccrual
RCFDK122 is the call report code for loan modifications to borrowers experiencing financial difficulty : commercial and industrial loans - to us addressees - nonaccrual, reported on Schedule RC-N, Past Due and Nonaccrual Loans, Leases, and Other Assets. For Q2 2026, 80 banks reported it, totaling $4.08B; the median among the 38 with a nonzero amount was $50.3M. The largest value reported for Q2 2026 was $740.0M, by Bank of America, N.A.
Definition
As of 12/31/2023, ASU 2022-02, 'Financial Instruments - Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures,' was effective for all institutions.On the FFIEC 041, report in the appropriate column all commercial and industrial loans to U.S. addressees included in Memorandum item 1.e of this schedule that have been restructured in troubled debt restructurings and, under their modified repayment terms, are past due 30 days or more or are in nonaccrual status as of the report date. On the FFIEC 031, report in the appropriate column all commercial and industrial loans to U.S. addressees included in item 4.a of this schedule that have been restructured in troubled debt restructurings and, under their modified repayment terms, are past due 30 days or more or are in nonaccrual status as of the report date.
Source: Federal Reserve Micro Data Reference Manual (MDRM). The FFIEC call report instructions remain the authority on how to report the item.
Where RCFDK122 sits on the call report
| Code | RCFDK122 (prefix RCFD, item K122) |
|---|---|
| Prefix RCFD | The consolidated bank, domestic and foreign offices, reported by FFIEC 031 filers (banks with foreign offices). |
| Schedule | RC-N, Past Due and Nonaccrual Loans, Leases, and Other Assets |
| 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 K122 is also reported under these codes. Which banks file each one depends on the form they file.
| Code | Meaning of the prefix | Banks reporting |
|---|---|---|
| RCONK122 | Domestic offices. Banks without foreign offices (FFIEC 041 and 051 filers) report their whole balance sheet in RCON items | 719 |
Largest reported values, Q2 2026
| Bank | Headquarters | RCFDK122 |
|---|---|---|
| Bank of America, N.A. | Charlotte, NC | $740.0M |
| JPMorgan Chase Bank, N.A. | Columbus, OH | $637.0M |
| Capital One, N.A. | McLean, VA | $368.0M |
| BMO Bank N.A. | Chicago, IL | $270.7M |
| Truist Bank | Charlotte, NC | $256.0M |
| PNC Bank, N.A. | Wilmington, DE | $178.4M |
| First-Citizens Bank & Trust Company | Raleigh, NC | $175.0M |
| Wells Fargo Bank, N.A. | Sioux Falls, SD | $138.0M |
| Fifth Third Bank, N.A. | Cincinnati, OH | $133.0M |
| U.S. Bank N.A. | Cincinnati, OH | $130.2M |
Total reported by quarter
| Quarter end | Banks reporting | Total reported |
|---|---|---|
| June 30, 2026 | 80 | $4.08B |
| March 31, 2026 | 80 | $3.52B |
| December 31, 2025 | 80 | $3.20B |
| September 30, 2025 | 80 | $3.05B |
| June 30, 2025 | 80 | $3.09B |
| March 31, 2025 | 82 | $3.30B |
| December 31, 2024 | 82 | $3.31B |
| September 30, 2024 | 82 | $2.91B |
Related
All codes on Schedule RC-N · All call report schedules · Find the code for a loan type · What a call report is