RCONF577: Loans Secured by 1-4 Family Residential Properties in Domestic Offices in Process of Foreclosure (Included in Rc-c, Part I, Items 1.C.(1), 1.C.(2)(A), and 1.C.(2)(B)
RCONF577 is the call report code for loans secured by 1-4 family residential properties in domestic offices in process of foreclosure (included in rc-c, part i, items 1.c.(1), 1.c.(2)(a), and 1.c.(2)(b), reported on Schedule RC-C, Part I, Loans and Leases. For Q2 2026, 4,297 banks reported it, totaling $8.41B; the median among the 1,076 with a nonzero amount was $365K. The largest value reported for Q2 2026 was $998.0M, by JPMorgan Chase Bank, N.A.
Definition
Total unpaid principal balance of loans secured by 1-4 family residential properties (in domestic offices)* for which formal foreclosure proceedings to seize the real estate collateral have started and are ongoing as of quarter-end, regardless of the date the foreclosure procedure was initiated. Loans should be classified as in process of foreclosure according to local requirements. If a loan is already in process of foreclosure and the mortgagor files a bankruptcy petition, the loan should continue to be reported as in process of foreclosure until the bankruptcy is resolved. Exclude loans where the foreclosure process has been completed and the bank holding company reports the real estate collateral as 'Other real estate owned'. This item should include both closed-end and open-end 1-4 family residential mortgage loans that are in process of foreclosure.
Source: Federal Reserve Micro Data Reference Manual (MDRM). The FFIEC call report instructions remain the authority on how to report the item.
Where RCONF577 sits on the call report
| Code | RCONF577 (prefix RCON, item F577) |
|---|---|
| Prefix RCON | Domestic offices. Banks without foreign offices (FFIEC 041 and 051 filers) report their whole balance sheet in RCON items. |
| Schedule | RC-C, Part I, Loans and Leases |
| Reported on | FFIEC 031, FFIEC 041, FFIEC 051 |
| Value | Dollar amount, reported in thousands, as of the quarter end |
| In the MDRM since | 2008 |
Largest reported values, Q2 2026
| Bank | Headquarters | RCONF577 |
|---|---|---|
| JPMorgan Chase Bank, N.A. | Columbus, OH | $998.0M |
| U.S. Bank N.A. | Cincinnati, OH | $902.4M |
| Wells Fargo Bank, N.A. | Sioux Falls, SD | $538.0M |
| MidFirst Bank | Oklahoma City, OK | $463.4M |
| Bank of America, N.A. | Charlotte, NC | $450.0M |
| PNC Bank, N.A. | Wilmington, DE | $405.9M |
| Citizens Bank, N.A. | Providence, RI | $345.9M |
| EverBank, N.A. | Jacksonville, FL | $336.6M |
| Citibank, N.A. | Sioux Falls, SD | $276.0M |
| Truist Bank | Charlotte, NC | $268.0M |
Total reported by quarter
| Quarter end | Banks reporting | Total reported |
|---|---|---|
| June 30, 2026 | 4,297 | $8.41B |
| March 31, 2026 | 4,336 | $8.09B |
| December 31, 2025 | 4,394 | $7.63B |
| September 30, 2025 | 4,435 | $7.36B |
| June 30, 2025 | 4,477 | $7.27B |
| March 31, 2025 | 4,519 | $7.55B |
| December 31, 2024 | 4,543 | $7.37B |
| September 30, 2024 | 4,572 | $7.34B |
Related
All codes on Schedule RC-C, Part I · All call report schedules · Find the code for a loan type · What a call report is