RCON5508: All Other Real Estate Owned: Construction and Land Development in Domestic Offices
RCON5508 is the call report code for all other real estate owned: construction and land development in domestic offices, reported on Schedule RC-M, Memoranda. For Q2 2026, 4,297 banks reported it, totaling $679.2M; the median among the 380 with a nonzero amount was $460K. The largest value reported for Q2 2026 was $54.4M, by Bank OZK.
Definition
Includes the net book value of all other real estate owned (in domestic offices) in the form of, or for which the underlying real estate consists of, either land under development or structures or facilities under construction, whether or not development or construction is continuing or has ceased prior to completion. When construction is substantially completed and the structure or facility is available for occupancy or use, the net book value is reported in the item appropriate to the completed structure or facility.
Source: Federal Reserve Micro Data Reference Manual (MDRM). The FFIEC call report instructions remain the authority on how to report the item.
Where RCON5508 sits on the call report
| Code | RCON5508 (prefix RCON, item 5508) |
|---|---|
| Prefix RCON | Domestic offices. Banks without foreign offices (FFIEC 041 and 051 filers) report their whole balance sheet in RCON items. |
| Schedule | RC-M, Memoranda |
| Reported on | FFIEC 031, FFIEC 041, FFIEC 051 |
| Value | Dollar amount, reported in thousands, as of the quarter end |
| In the MDRM since | 1992 |
Largest reported values, Q2 2026
| Bank | Headquarters | RCON5508 |
|---|---|---|
| Bank OZK | Little Rock, AR | $54.4M |
| First Community Bank | Batesville, AR | $28.5M |
| Western Alliance Bank | Phoenix, AZ | $26.2M |
| Royal Business Bank | Los Angeles, CA | $19.8M |
| International Bank of Commerce | Brownsville, TX | $16.4M |
| First Federal Bank of Louisiana | Lake Charles, LA | $16.3M |
| Alliance Bank Central Texas | Woodway, TX | $16.1M |
| Centennial Bank | Conway, AR | $16.0M |
| Crown Bank | Elizabeth, NJ | $13.7M |
| Wilmington Savings Fund Society, FSB | Wilmington, DE | $12.7M |
Total reported by quarter
| Quarter end | Banks reporting | Total reported |
|---|---|---|
| June 30, 2026 | 4,297 | $679.2M |
| March 31, 2026 | 4,336 | $620.2M |
| December 31, 2025 | 4,394 | $584.6M |
| September 30, 2025 | 4,435 | $555.3M |
| June 30, 2025 | 4,477 | $588.9M |
| March 31, 2025 | 4,519 | $541.7M |
| December 31, 2024 | 4,543 | $501.0M |
| September 30, 2024 | 4,572 | $451.6M |
Related
All codes on Schedule RC-M · All call report schedules · Find the code for a loan type · What a call report is