RCONF059: FHLB Advances: Structured Advances
RCONF059 is the call report code for fhlb advances: structured advances, reported on Schedule RC-M, Memoranda. For Q2 2026, 4,217 banks reported it, totaling $20.32B; the median among the 235 with a nonzero amount was $20.0M. The largest value reported for Q2 2026 was $4.20B, by Merchants Bank of Indiana.
Definition
Report the amount of structured Federal Home Loan Bank advances outstanding. Structured advances are advances containing options. Structured advances include (1) callable advances, i.e., fixed rate advances that the Federal Home Loan Bank has the option to call after a specified amount of time, (2) convertible advances, i.e., fixed rate advances that the Federal Home Loan Bank has the option to convert to floating rate after a specified amount of time, and (3) puttable advances, i.e., fixed rate advances that the bank has the option to prepay without penalty on a specified date or dates. Any other advances that have caps, floors, or other embedded derivatives should also be reported as structured advances.
Source: Federal Reserve Micro Data Reference Manual (MDRM). The FFIEC call report instructions remain the authority on how to report the item.
Where RCONF059 sits on the call report
| Code | RCONF059 (prefix RCON, item F059) |
|---|---|
| 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 041, FFIEC 051 |
| Value | Dollar amount, reported in thousands, as of the quarter end |
| In the MDRM since | 2006 |
The same item under other prefixes
Item F059 is also reported under these codes. Which banks file each one depends on the form they file.
| Code | Meaning of the prefix | Banks reporting |
|---|---|---|
| RCFDF059 | The consolidated bank, domestic and foreign offices, reported by FFIEC 031 filers (banks with foreign offices) | 80 |
Largest reported values, Q2 2026
| Bank | Headquarters | RCONF059 |
|---|---|---|
| Merchants Bank of Indiana | Carmel, IN | $4.20B |
| NexBank | Dallas, TX | $1.85B |
| Western Alliance Bank | Phoenix, AZ | $1.10B |
| Institution for Savings in Newburyport and Its Vicinity | Newburyport, MA | $965.0M |
| Northpointe Bank | Grand Rapids, MI | $902.5M |
| Hingham Institution for Savings | Hingham, MA | $785.0M |
| Ocean Bank | Miami, FL | $600.0M |
| First Merchants Bank | Muncie, IN | $410.0M |
| Centennial Bank | Conway, AR | $400.0M |
| Ridgewood Savings Bank | Ridgewood, NY | $310.5M |
Total reported by quarter
| Quarter end | Banks reporting | Total reported |
|---|---|---|
| June 30, 2026 | 4,217 | $20.32B |
| March 31, 2026 | 4,256 | $23.71B |
| December 31, 2025 | 4,314 | $23.84B |
| September 30, 2025 | 4,355 | $24.13B |
| June 30, 2025 | 4,397 | $25.97B |
| March 31, 2025 | 4,437 | $23.60B |
| December 31, 2024 | 4,461 | $25.42B |
| September 30, 2024 | 4,490 | $21.85B |
Related
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