RCON2165: Lease Financing Receivables (Net of Unearned Income)
RCON2165 is the call report code for lease financing receivables (net of unearned income), reported on Schedule RC-C, Part I, Loans and Leases. For Q2 2026, 4,297 banks reported it, totaling $117.47B; the median among the 671 with a nonzero amount was $2.3M. The largest value reported for Q2 2026 was $21.25B, by Bank of America, N.A.
Definition
Includes all outstanding receivable balances relating to direction and leveraged financing leases on property acquired by the bank for leasing purposes. These balances include the estimated residual value of leased property and is net of unearned income and any allowance for losses on leases. Any lease which meets the criteria for a capital lease plus certain additional criterion and which was entered into by a lessor bank on an accrual basis of accounting is accounted for as a financing lease. After initial direct costs have been deducted, the unearned income (lease receivable less the cost of the leased property in the case of a direct financing lease) is amortized or allocated to income over the lease term. The amortization for a direct financing lease produces a constant rate of return on the net investment (lease receivable, including estimated residual value, less unearned income), although other methods of income recognition may be used if the results are not materially different. Also includes all lease financing receivables of states and political subdivisions in the U.S.
Source: Federal Reserve Micro Data Reference Manual (MDRM). The FFIEC call report instructions remain the authority on how to report the item.
Where RCON2165 sits on the call report
| Code | RCON2165 (prefix RCON, item 2165) |
|---|---|
| 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 | 1969 |
Largest reported values, Q2 2026
| Bank | Headquarters | RCON2165 |
|---|---|---|
| Bank of America, N.A. | Charlotte, NC | $21.25B |
| Wells Fargo Bank, N.A. | Sioux Falls, SD | $15.22B |
| U.S. Bank N.A. | Cincinnati, OH | $8.58B |
| PNC Bank, N.A. | Wilmington, DE | $6.57B |
| The Huntington National Bank | Columbus, OH | $5.71B |
| TD Bank, N.A. | Wilmington, DE | $4.70B |
| City National Bank | Los Angeles, CA | $4.08B |
| Fifth Third Bank, N.A. | Cincinnati, OH | $3.42B |
| EverBank, N.A. | Jacksonville, FL | $3.40B |
| Manufacturers and Traders Trust Company | Buffalo, NY | $2.79B |
Total reported by quarter
| Quarter end | Banks reporting | Total reported |
|---|---|---|
| June 30, 2026 | 4,297 | $117.47B |
| March 31, 2026 | 4,336 | $114.99B |
| December 31, 2025 | 4,394 | $117.48B |
| September 30, 2025 | 4,435 | $116.12B |
| June 30, 2025 | 4,477 | $114.67B |
| March 31, 2025 | 4,519 | $115.02B |
| December 31, 2024 | 4,543 | $115.39B |
| September 30, 2024 | 4,572 | $114.16B |
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