RCON3819: Financial Standby Letters of Credit and Foreign Office Guarantees
RCON3819 is the call report code for financial standby letters of credit and foreign office guarantees, reported on Schedule RC-L, Derivatives and Off-Balance-Sheet Items. For Q2 2026, 4,217 banks reported it, totaling $20.70B; the median among the 2,288 with a nonzero amount was $776K. The largest value reported for Q2 2026 was $1.01B, by CIBC Bank USA.
Definition
Includes the amount outstanding and unused as of the report date of all financial standby letters of credit (and all legally binding commitments to issue financial standby letters of credit) issued by any office of the bank. A financial standby letter of credit irrevocably obligates the bank to pay a third-party beneficiary when a customer (account party) fails to repay an outstanding loan or debt instrument. (For further information, see the Glossary entry for 'letter of credit' in the Report of Condition and Income Instruction Booklet.)
Source: Federal Reserve Micro Data Reference Manual (MDRM). The FFIEC call report instructions remain the authority on how to report the item.
Where RCON3819 sits on the call report
| Code | RCON3819 (prefix RCON, item 3819) |
|---|---|
| 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 | 1990 |
The same item under other prefixes
Item 3819 is also reported under these codes. Which banks file each one depends on the form they file.
| Code | Meaning of the prefix | Banks reporting |
|---|---|---|
| RCFD3819 | The consolidated bank, domestic and foreign offices, reported by FFIEC 031 filers (banks with foreign offices) | 80 |
Largest reported values, Q2 2026
| Bank | Headquarters | RCON3819 |
|---|---|---|
| CIBC Bank USA | Chicago, IL | $1.01B |
| BOKF, N.A. | Tulsa, OK | $901.9M |
| First Horizon Bank | Memphis, TN | $715.8M |
| Zions Bancorporation, N.A. | Salt Lake City, UT | $687.6M |
| Western Alliance Bank | Phoenix, AZ | $685.2M |
| Webster Bank, N.A. | Stamford, CT | $627.0M |
| Texas Capital Bank | Dallas, TX | $563.7M |
| Commerce Bank | Kansas City, MO | $427.5M |
| Columbia Bank | Lake Oswego, OR | $406.1M |
| First National Bank of Omaha | Omaha, NE | $397.3M |
Total reported by quarter
| Quarter end | Banks reporting | Total reported |
|---|---|---|
| June 30, 2026 | 4,217 | $20.70B |
| March 31, 2026 | 4,256 | $19.79B |
| December 31, 2025 | 4,314 | $20.30B |
| September 30, 2025 | 4,355 | $19.66B |
| June 30, 2025 | 4,397 | $19.18B |
| March 31, 2025 | 4,437 | $18.93B |
| December 31, 2024 | 4,461 | $18.72B |
| September 30, 2024 | 4,490 | $18.98B |
Related
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