RCONG492: Loans and Leases Held for Investment - Level 3 Fair Value Measurements
RCONG492 is the call report code for loans and leases held for investment - level 3 fair value measurements, reported on Schedule RC-Q, Assets and Liabilities Measured at Fair Value on a Recurring Basis (FFIEC 031 Schedule RC-Q, item 4). For Q2 2026, 501 banks reported it, totaling $19.86B; the median among the 12 with a nonzero amount was $147.2M. The largest value reported for Q2 2026 was $15.93B, by SoFi Bank, N.A.
Definition
Report in the appropriate column the total fair value of those loans held for investment reported in Schedule RC-C, part I, that the bank has elected to report under the fair value option, the fair values determined using Level 1, Level 2, and Level 3 measurement inputs, and any netting adjustments. Loans held for investment that the bank has elected to report under the fair value option are included in schedule RC-C, part I, and Schedule RC, item 4.b. Leases are generally not eligible for the fair value option.
Source: Federal Reserve Micro Data Reference Manual (MDRM). The FFIEC call report instructions remain the authority on how to report the item.
Where RCONG492 sits on the call report
| Code | RCONG492 (prefix RCON, item G492) |
|---|---|
| Prefix RCON | Domestic offices. Banks without foreign offices (FFIEC 041 and 051 filers) report their whole balance sheet in RCON items. |
| Schedule | RC-Q, Assets and Liabilities Measured at Fair Value on a Recurring Basis |
| Line item | FFIEC 031 Schedule RC-Q, item 4; FFIEC 041 Schedule RC-Q, item 4 |
| Reported on | FFIEC 041 |
| Value | Dollar amount, reported in thousands, as of the quarter end |
| In the MDRM since | 2009 |
The same item under other prefixes
Item G492 is also reported under these codes. Which banks file each one depends on the form they file.
| Code | Meaning of the prefix | Banks reporting |
|---|---|---|
| RCFDG492 | The consolidated bank, domestic and foreign offices, reported by FFIEC 031 filers (banks with foreign offices) | 66 |
Largest reported values, Q2 2026
| Bank | Headquarters | RCONG492 |
|---|---|---|
| SoFi Bank, N.A. | Cottonwood Heights, UT | $15.93B |
| Happen Bank, N.A. | Lehi, UT | $2.08B |
| Optum Bank, Inc. | Draper, UT | $774.0M |
| Emigrant Bank | Miami, FL | $308.4M |
| Live Oak Banking Company | Wilmington, NC | $232.1M |
| Crescent Bank | Metairie, LA | $180.2M |
| The Bancorp Bank N.A. | Sioux Falls, SD | $114.2M |
| First National Bank of Pennsylvania | Greenville, PA | $95.9M |
| Customers Bank | Malvern, PA | $84.8M |
| Barrington Bank & Trust Company, N.A. | Barrington, IL | $56.0M |
Total reported by quarter
| Quarter end | Banks reporting | Total reported |
|---|---|---|
| June 30, 2026 | 501 | $19.86B |
| March 31, 2026 | 506 | $17.48B |
| December 31, 2025 | 520 | $14.91B |
| September 30, 2025 | 523 | $13.19B |
| June 30, 2025 | 531 | $11.48B |
| March 31, 2025 | 540 | $10.36B |
| December 31, 2024 | 545 | $9.15B |
| September 30, 2024 | 544 | $8.46B |
Related
All codes on Schedule RC-Q · All call report schedules · Find the code for a loan type · What a call report is