RCON3000: Minority Interest in Consolidated Subsidiaries and Similar Items
RCON3000 is the call report code for minority interest in consolidated subsidiaries and similar items, reported on Schedule RC, Balance Sheet. For Q2 2026, 4,217 banks reported it, totaling $566.8M; the median among the 76 with a nonzero amount was $205K. The largest value reported for Q2 2026 was $293.3M, by Western Alliance Bank.
Definition
The proportionate interest held by those other than reporting bank in the equity capital accounts of majority-owned consolidated subsidiaries. The minority interest owner bears the share of losses only to the extent of its share of net assets. A deficit balance is not reported for this account, unless the minority owner(s) have guaranteed the subsidiary's debt or have provided a commitment to furnish additional capital. Also includes the outstanding amount of instruments generally referred to as trust preferred stock that are issued out of special purpose subsidiaries and are marketed under a variety of names such as MIPS and TOPRS.
Source: Federal Reserve Micro Data Reference Manual (MDRM). The FFIEC call report instructions remain the authority on how to report the item.
Where RCON3000 sits on the call report
| Code | RCON3000 (prefix RCON, item 3000) |
|---|---|
| Prefix RCON | Domestic offices. Banks without foreign offices (FFIEC 041 and 051 filers) report their whole balance sheet in RCON items. |
| Schedule | RC, Balance Sheet |
| Reported on | FFIEC 041, FFIEC 051 |
| Value | Dollar amount, reported in thousands, as of the quarter end |
| In the MDRM since | 1969 |
The same item under other prefixes
Item 3000 is also reported under these codes. Which banks file each one depends on the form they file.
| Code | Meaning of the prefix | Banks reporting |
|---|---|---|
| RCFD3000 | The consolidated bank, domestic and foreign offices, reported by FFIEC 031 filers (banks with foreign offices) | 80 |
Largest reported values, Q2 2026
| Bank | Headquarters | RCON3000 |
|---|---|---|
| Western Alliance Bank | Phoenix, AZ | $293.3M |
| First National Bank of Pennsylvania | Greenville, PA | $80.0M |
| Fulton Bank, N.A. | Lancaster, PA | $44.0M |
| 1st Source Bank | South Bend, IN | $42.8M |
| Cornerstone Capital Bank, SSB | Houston, TX | $34.3M |
| First Independence Bank | Detroit, MI | $22.4M |
| University Bank | Ann Arbor, MI | $13.8M |
| CNB Bank | Clearfield, PA | $7.4M |
| TowneBank | Portsmouth, VA | $7.0M |
| First United Bank and Trust Company | Durant, OK | $5.0M |
Total reported by quarter
| Quarter end | Banks reporting | Total reported |
|---|---|---|
| June 30, 2026 | 4,217 | $566.8M |
| March 31, 2026 | 4,256 | $571.8M |
| December 31, 2025 | 4,314 | $590.6M |
| September 30, 2025 | 4,355 | $596.6M |
| June 30, 2025 | 4,397 | $602.0M |
| March 31, 2025 | 4,437 | $612.6M |
| December 31, 2024 | 4,461 | $333.3M |
| September 30, 2024 | 4,490 | $334.5M |
Related
All codes on Schedule RC · All call report schedules · Find the code for a loan type · What a call report is