RCON3838: Perpetual Preferred Stock and Related Surplus
RCON3838 is the call report code for perpetual preferred stock and related surplus, reported on Schedule RC, Balance Sheet. For Q2 2026, 4,217 banks reported it, totaling $3.23B; the median among the 68 with a nonzero amount was $6.0M. The largest value reported for Q2 2026 was $626.0M, by Erebor Bank, N.A.
Definition
Includes the amount of outstanding perpetual preferred stock including any amounts received in excess of its par or stated value.
Source: Federal Reserve Micro Data Reference Manual (MDRM). The FFIEC call report instructions remain the authority on how to report the item.
Where RCON3838 sits on the call report
| Code | RCON3838 (prefix RCON, item 3838) |
|---|---|
| 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 | 1990 |
The same item under other prefixes
Item 3838 is also reported under these codes. Which banks file each one depends on the form they file.
| Code | Meaning of the prefix | Banks reporting |
|---|---|---|
| RCFD3838 | The consolidated bank, domestic and foreign offices, reported by FFIEC 031 filers (banks with foreign offices) | 80 |
Largest reported values, Q2 2026
| Bank | Headquarters | RCON3838 |
|---|---|---|
| Erebor Bank, N.A. | Columbus, OH | $626.0M |
| Barclays Bank Delaware | Wilmington, DE | $625.0M |
| Bank OZK | Little Rock, AR | $339.0M |
| First Horizon Bank | Memphis, TN | $294.8M |
| Comenity Capital Bank | Draper, UT | $210.0M |
| Farmers and Merchants Bank of Long Beach | Long Beach, CA | $190.9M |
| The Depository Trust Company | Brooklyn, NY | $150.0M |
| Medallion Bank | Salt Lake City, UT | $99.4M |
| PiBank, N.A. | Miami, FL | $81.2M |
| Zions Bancorporation, N.A. | Salt Lake City, UT | $66.3M |
Total reported by quarter
| Quarter end | Banks reporting | Total reported |
|---|---|---|
| June 30, 2026 | 4,217 | $3.23B |
| March 31, 2026 | 4,256 | $3.03B |
| December 31, 2025 | 4,314 | $2.55B |
| September 30, 2025 | 4,355 | $2.28B |
| June 30, 2025 | 4,397 | $2.34B |
| March 31, 2025 | 4,437 | $2.26B |
| December 31, 2024 | 4,461 | $2.26B |
| September 30, 2024 | 4,490 | $2.74B |
Related
All codes on Schedule RC · All call report schedules · Find the code for a loan type · What a call report is