RCON3432: Securities Borrowed
RCON3432 is the call report code for securities borrowed, reported on Schedule RC-L, Derivatives and Off-Balance-Sheet Items. For Q2 2026, 4,217 banks reported it, totaling $10.9M; the median among the 2 with a nonzero amount was $5.5M. The largest value reported for Q2 2026 was $7.3M, by First State Bank Shannon-Polo.
Definition
Includes the amount of securities borrowed against collateral (other than cash), or on an uncollateralized basis, for such purposes as a pledge against deposit liabilities or delivery against short sales. Also includes borrowed securities that are fully collateralized by similar securities of equivalent value at market value at the time they were borrowed, and other borrowed securities at market value as of the report date.
Source: Federal Reserve Micro Data Reference Manual (MDRM). The FFIEC call report instructions remain the authority on how to report the item.
Where RCON3432 sits on the call report
| Code | RCON3432 (prefix RCON, item 3432) |
|---|---|
| Prefix RCON | Domestic offices. Banks without foreign offices (FFIEC 041 and 051 filers) report their whole balance sheet in RCON items. |
| Schedule | RC-L, Derivatives and Off-Balance-Sheet Items |
| 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 3432 is also reported under these codes. Which banks file each one depends on the form they file.
| Code | Meaning of the prefix | Banks reporting |
|---|---|---|
| RCFD3432 | The consolidated bank, domestic and foreign offices, reported by FFIEC 031 filers (banks with foreign offices) | 80 |
Largest reported values, Q2 2026
| Bank | Headquarters | RCON3432 |
|---|---|---|
| First State Bank Shannon-Polo | Shannon, IL | $7.3M |
| The Stephenson National Bank and Trust | Marinette, WI | $3.6M |
Total reported by quarter
| Quarter end | Banks reporting | Total reported |
|---|---|---|
| June 30, 2026 | 4,217 | $10.9M |
| March 31, 2026 | 4,256 | $11.5M |
| December 31, 2025 | 4,314 | $10.8M |
| September 30, 2025 | 4,355 | $11.5M |
| June 30, 2025 | 4,397 | $15.4M |
| March 31, 2025 | 4,437 | $33.2M |
| December 31, 2024 | 4,461 | $30.2M |
| September 30, 2024 | 4,490 | $34.0M |
Related
All codes on Schedule RC-L · All call report schedules · Find the code for a loan type · What a call report is