RCON2148: Net Deferred Tax Assets
RCON2148 is the call report code for net deferred tax assets, reported on Schedule RC-F, Other Assets. For Q2 2026, 4,217 banks reported it, totaling $24.97B; the median among the 2,736 with a nonzero amount was $1.8M. The largest value reported for Q2 2026 was $719.0M, by Barclays Bank Delaware.
Definition
Includes the net amount after offsetting deferred tax assets (net of valuation allowance) and deferred tax liabilities measured at the report date for a particular tax jurisdiction if the net result is a debit balance. If the result for a particular tax jurisdiction is a net credit balance, the amount is reported in 'Net Deferred Tax Liabilities (3049)' (reported in Schedule RC-G in the FFIEC 031-034 reports). If the result for each tax jurisdiction is a net credit balance, a zero or the word 'none' is entered in this item. (A bank may report a net deferred tax debit, or asset, for one tax jurisdiction, such as for federal income tax purposes, and also report at the same time a net deferred tax credit, or liability, for another tax jurisdiction, such as for state or local income tax purposes).
Source: Federal Reserve Micro Data Reference Manual (MDRM). The FFIEC call report instructions remain the authority on how to report the item.
Where RCON2148 sits on the call report
| Code | RCON2148 (prefix RCON, item 2148) |
|---|---|
| Prefix RCON | Domestic offices. Banks without foreign offices (FFIEC 041 and 051 filers) report their whole balance sheet in RCON items. |
| Schedule | RC-F, Other Assets |
| Reported on | FFIEC 041, FFIEC 051 |
| Value | Dollar amount, reported in thousands, as of the quarter end |
| In the MDRM since | 1984 |
The same item under other prefixes
Item 2148 is also reported under these codes. Which banks file each one depends on the form they file.
| Code | Meaning of the prefix | Banks reporting |
|---|---|---|
| RCFD2148 | The consolidated bank, domestic and foreign offices, reported by FFIEC 031 filers (banks with foreign offices) | 80 |
Largest reported values, Q2 2026
| Bank | Headquarters | RCON2148 |
|---|---|---|
| Barclays Bank Delaware | Wilmington, DE | $719.0M |
| Banc of California | Los Angeles, CA | $679.2M |
| Zions Bancorporation, N.A. | Salt Lake City, UT | $673.3M |
| Deutsche Bank Trust Company Americas | New York, NY | $461.0M |
| Western Alliance Bank | Phoenix, AZ | $422.7M |
| Columbia Bank | Lake Oswego, OR | $387.2M |
| Comenity Capital Bank | Draper, UT | $386.4M |
| Sallie Mae Bank | Salt Lake City, UT | $348.9M |
| First National Bank of Omaha | Omaha, NE | $334.7M |
| Merrick Bank | South Jordan, UT | $323.4M |
Total reported by quarter
| Quarter end | Banks reporting | Total reported |
|---|---|---|
| June 30, 2026 | 4,217 | $24.97B |
| March 31, 2026 | 4,256 | $24.87B |
| December 31, 2025 | 4,314 | $25.08B |
| September 30, 2025 | 4,355 | $26.00B |
| June 30, 2025 | 4,397 | $27.84B |
| March 31, 2025 | 4,437 | $28.13B |
| December 31, 2024 | 4,461 | $30.86B |
| September 30, 2024 | 4,490 | $27.22B |
Related
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