RCON8745: Gross Negative Fair Value of Interest Rate Derivative Contracts Held for Purposes Other Than Trading That Are Marked to Market
RCON8745 is the call report code for gross negative fair value of interest rate derivative contracts held for purposes other than trading that are marked to market, reported on Schedule RC-L, Derivatives and Off-Balance-Sheet Items. For Q2 2026, 935 banks reported it, totaling $4.67B; the median among the 323 with a nonzero amount was $1.0M. The largest value reported for Q2 2026 was $606.7M, by SouthState Bank, N.A.
Definition
Includes the total fair value of 'Total Gross Notional Amount Of Interest Rate Derivative Contracts Held For Purposes Other Than Trading: Contracts Marked To Market (8725)' with negative fair values. The total fair value is reported as an absolute value, and should not be enclosed in parentheses or a minus (-) sign is not to be used.
Source: Federal Reserve Micro Data Reference Manual (MDRM). The FFIEC call report instructions remain the authority on how to report the item.
Where RCON8745 sits on the call report
| Code | RCON8745 (prefix RCON, item 8745) |
|---|---|
| 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 |
| Value | Dollar amount, reported in thousands, as of the quarter end |
| In the MDRM since | 1995 |
The same item under other prefixes
Item 8745 is also reported under these codes. Which banks file each one depends on the form they file.
| Code | Meaning of the prefix | Banks reporting |
|---|---|---|
| RCFD8745 | The consolidated bank, domestic and foreign offices, reported by FFIEC 031 filers (banks with foreign offices) | 80 |
Largest reported values, Q2 2026
| Bank | Headquarters | RCON8745 |
|---|---|---|
| SouthState Bank, N.A. | Winter Haven, FL | $606.7M |
| Pacific Coast Bankers' Bank | Walnut Creek, CA | $372.3M |
| TD Bank USA, N.A. | Wilmington, DE | $317.2M |
| First Horizon Bank | Memphis, TN | $298.2M |
| Cedar Rapids Bank and Trust Company | Cedar Rapids, IA | $294.9M |
| Zions Bancorporation, N.A. | Salt Lake City, UT | $256.7M |
| Columbia Bank | Lake Oswego, OR | $189.2M |
| Wilmington Savings Fund Society, FSB | Wilmington, DE | $116.8M |
| Provident Bank | Jersey City, NJ | $111.8M |
| TriState Capital Bank | Pittsburgh, PA | $105.7M |
Total reported by quarter
| Quarter end | Banks reporting | Total reported |
|---|---|---|
| June 30, 2026 | 935 | $4.67B |
| March 31, 2026 | 946 | $5.43B |
| December 31, 2025 | 987 | $4.71B |
| September 30, 2025 | 997 | $4.48B |
| June 30, 2025 | 1,015 | $5.61B |
| March 31, 2025 | 1,030 | $5.78B |
| December 31, 2024 | 1,053 | $6.34B |
| September 30, 2024 | 1,057 | $5.96B |
Related
All codes on Schedule RC-L · All call report schedules · Find the code for a loan type · What a call report is