RCONJ981: Assets of Consolidated Variable Interest Entities (VIES) That Can Be Used Only to Settle Obligations of the Consolidated VIES: Cash and Balances Due from Depository Institutions - Securitization Vehicles
RCONJ981 is the call report code for assets of consolidated variable interest entities (vies) that can be used only to settle obligations of the consolidated vies: cash and balances due from depository institutions - securitization vehicles, reported on Schedule RC-V, Variable Interest Entities. For Q2 2026, 935 banks reported it, totaling $376.3M; the median among the 6 with a nonzero amount was $34.1M. The largest value reported for Q2 2026 was $174.9M, by Sallie Mae Bank.
Definition
Report in the appropriate column the amount of cash and balances due from depository institutions held by consolidated VIEs included in Schedule RC, item 1.a, 'Noninterest-bearing balances and currency and coin,' and item 1.b, 'Interest-bearing balances,' that can be used only to settle obligations of the same consolidated VIEs. Securitization Vehicles: Securitization vehicles include VIEs that have been created to pool and repackage mortgages, other assets, or other credit exposures into securities that can be transferred to investors.
Source: Federal Reserve Micro Data Reference Manual (MDRM). The FFIEC call report instructions remain the authority on how to report the item.
Where RCONJ981 sits on the call report
| Code | RCONJ981 (prefix RCON, item J981) |
|---|---|
| Prefix RCON | Domestic offices. Banks without foreign offices (FFIEC 041 and 051 filers) report their whole balance sheet in RCON items. |
| Schedule | RC-V, Variable Interest Entities |
| Reported on | FFIEC 041 |
| Value | Dollar amount, reported in thousands, as of the quarter end |
| In the MDRM since | 2011 |
The same item under other prefixes
Item J981 is also reported under these codes. Which banks file each one depends on the form they file.
| Code | Meaning of the prefix | Banks reporting |
|---|---|---|
| RCFDJ981 | The consolidated bank, domestic and foreign offices, reported by FFIEC 031 filers (banks with foreign offices) | 80 |
Largest reported values, Q2 2026
| Bank | Headquarters | RCONJ981 |
|---|---|---|
| Sallie Mae Bank | Salt Lake City, UT | $174.9M |
| Barclays Bank Delaware | Wilmington, DE | $117.0M |
| Comenity Bank | Wilmington, DE | $37.9M |
| Axos Bank | San Diego, CA | $30.3M |
| Comenity Capital Bank | Draper, UT | $9.1M |
| Cedar Rapids Bank and Trust Company | Cedar Rapids, IA | $7.1M |
Total reported by quarter
| Quarter end | Banks reporting | Total reported |
|---|---|---|
| June 30, 2026 | 935 | $376.3M |
| March 31, 2026 | 946 | $1.06B |
| December 31, 2025 | 987 | $883.2M |
| September 30, 2025 | 997 | $1.63B |
| June 30, 2025 | 1,015 | $1.18B |
| March 31, 2025 | 1,030 | $1.90B |
| December 31, 2024 | 1,053 | $1.04B |
| September 30, 2024 | 1,057 | $869.4M |
Related
All codes on Schedule RC-V · All call report schedules · Find the code for a loan type · What a call report is