RCON1420: Real Estate Loans Secured by Farmland
RCON1420 is the call report code for real estate loans secured by farmland, reported on Schedule RC-C, Part I, Loans and Leases. For Q2 2026, 4,297 banks reported it, totaling $124.43B; the median among the 3,422 with a nonzero amount was $10.9M. The largest value reported for Q2 2026 was $1.80B, by Bank of America, N.A.
Definition
Includes loans secured by mortgages or other liens on farm land and improvements thereon, and all other land known to be used or usable for agricultural purposes, such as crop and livestock production, including grazing or pasture land, whether plowable or not plowable and whether wooded or not wooded. Includes loans originated by a bank primarily secured by farmland that are guaranteed by the Farmers Home Administration (FMHA) or by the Small Business Administration (SBA) and that are extended, serviced, and collected by any party other than FMHA or SBA.
Source: Federal Reserve Micro Data Reference Manual (MDRM). The FFIEC call report instructions remain the authority on how to report the item.
Where RCON1420 sits on the call report
| Code | RCON1420 (prefix RCON, item 1420) |
|---|---|
| Prefix RCON | Domestic offices. Banks without foreign offices (FFIEC 041 and 051 filers) report their whole balance sheet in RCON items. |
| Schedule | RC-C, Part I, Loans and Leases |
| Reported on | FFIEC 031, FFIEC 041, FFIEC 051 |
| Value | Dollar amount, reported in thousands, as of the quarter end |
| In the MDRM since | 1959 |
The same item under other prefixes
Item 1420 is also reported under these codes. Which banks file each one depends on the form they file.
| Code | Meaning of the prefix | Banks reporting |
|---|---|---|
| RCFD1420 | The consolidated bank, domestic and foreign offices, reported by FFIEC 031 filers (banks with foreign offices) | 50 |
Largest reported values, Q2 2026
| Bank | Headquarters | RCON1420 |
|---|---|---|
| Bank of America, N.A. | Charlotte, NC | $1.80B |
| Nicolet National Bank | Green Bay, WI | $1.19B |
| First-Citizens Bank & Trust Company | Raleigh, NC | $1.07B |
| First Financial Bank | El Dorado, AR | $942.3M |
| Old National Bank | Evansville, IN | $906.9M |
| UMB Bank, N.A. | Kansas City, MO | $881.2M |
| Wells Fargo Bank, N.A. | Sioux Falls, SD | $838.0M |
| Columbia Bank | Lake Oswego, OR | $829.1M |
| United Bank of Iowa | Ida Grove, IA | $814.9M |
| The First Bank and Trust Company | Lebanon, VA | $794.9M |
Total reported by quarter
| Quarter end | Banks reporting | Total reported |
|---|---|---|
| June 30, 2026 | 4,297 | $124.43B |
| March 31, 2026 | 4,336 | $122.46B |
| December 31, 2025 | 4,394 | $121.83B |
| September 30, 2025 | 4,435 | $120.14B |
| June 30, 2025 | 4,477 | $118.99B |
| March 31, 2025 | 4,519 | $118.30B |
| December 31, 2024 | 4,543 | $118.57B |
| September 30, 2024 | 4,572 | $117.92B |
Related
All codes on Schedule RC-C, Part I · All call report schedules · Find the code for a loan type · What a call report is