RCFDK654: Average Tangible Equity for the Calendar Quarter
RCFDK654 is the call report code for average tangible equity for the calendar quarter, reported on Schedule RC-O, Other Data for Deposit Insurance Assessments. For Q2 2026, 74 banks reported it, totaling $1.64T; the median among the 74 with a nonzero amount was $5.99B. The largest value reported for Q2 2026 was $297.00B, by JPMorgan Chase Bank, N.A.
Definition
Report average tangible equity for the calendar quarter on a single FDIC certificate number basis. For purposes of this item, tangible equity is defined as Tier 1 capital as set forth in the banking agencies' regulatory capital standards and reported in Schedule RC-R, item 11.
Source: Federal Reserve Micro Data Reference Manual (MDRM). The FFIEC call report instructions remain the authority on how to report the item.
Where RCFDK654 sits on the call report
| Code | RCFDK654 (prefix RCFD, item K654) |
|---|---|
| Prefix RCFD | The consolidated bank, domestic and foreign offices, reported by FFIEC 031 filers (banks with foreign offices). |
| Schedule | RC-O, Other Data for Deposit Insurance Assessments |
| 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 K654 is also reported under these codes. Which banks file each one depends on the form they file.
| Code | Meaning of the prefix | Banks reporting |
|---|---|---|
| RCONK654 | Domestic offices. Banks without foreign offices (FFIEC 041 and 051 filers) report their whole balance sheet in RCON items | 4,169 |
Largest reported values, Q2 2026
| Bank | Headquarters | RCFDK654 |
|---|---|---|
| JPMorgan Chase Bank, N.A. | Columbus, OH | $297.00B |
| Bank of America, N.A. | Charlotte, NC | $187.69B |
| Citibank, N.A. | Sioux Falls, SD | $153.61B |
| Wells Fargo Bank, N.A. | Sioux Falls, SD | $150.66B |
| Capital One, N.A. | McLean, VA | $66.92B |
| U.S. Bank N.A. | Cincinnati, OH | $63.34B |
| Goldman Sachs Bank USA | New York, NY | $60.32B |
| PNC Bank, N.A. | Wilmington, DE | $54.63B |
| Truist Bank | Charlotte, NC | $52.20B |
| Morgan Stanley Bank, N.A. | Salt Lake City, UT | $41.41B |
Total reported by quarter
| Quarter end | Banks reporting | Total reported |
|---|---|---|
| June 30, 2026 | 74 | $1.64T |
| March 31, 2026 | 74 | $1.65T |
| December 31, 2025 | 74 | $1.62T |
| September 30, 2025 | 74 | $1.61T |
| June 30, 2025 | 74 | $1.60T |
| March 31, 2025 | 75 | $1.57T |
| December 31, 2024 | 75 | $1.56T |
| September 30, 2024 | 75 | $1.56T |
Related
All codes on Schedule RC-O · All call report schedules · Find the code for a loan type · What a call report is