RCONK159: Loan Modifications to Borrowers Experiencing Financial Difficulty - Construction, Land Development, and Other Land Loans: Other Construction Loans and All Land Development and Other Land Loans
RCONK159 is the call report code for loan modifications to borrowers experiencing financial difficulty - construction, land development, and other land loans: other construction loans and all land development and other land loans, reported on Schedule RC-C, Part I, Loans and Leases. For Q2 2026, 4,297 banks reported it, totaling $3.42B; the median among the 183 with a nonzero amount was $618K. The largest value reported for Q2 2026 was $628.5M, by Santander Bank, N.A.
Definition
As of 12/31/2023, ASU 2022-02, 'Financial Instruments - Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures,' was effective for all institutions.Report all construction loans for purposes other than constructing 1-4 family residential properties, all land development loans, and all other land loans (as defined for Schedule RC-C, part I, item 1.a.(2), column B) that have been restructured in troubled debt restructurings and are in compliance with their modified terms. Exclude from this item other construction loans and all land development and other land loans restructured in troubled debt restructurings that, under their modified repayment terms, are past due 30 days or more or are in nonaccrual status (report in Schedule RC-N, item 1.a.(2) and Memorandum item 1.a.(2)).
Source: Federal Reserve Micro Data Reference Manual (MDRM). The FFIEC call report instructions remain the authority on how to report the item.
Where RCONK159 sits on the call report
| Code | RCONK159 (prefix RCON, item K159) |
|---|---|
| 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 | 2011 |
Largest reported values, Q2 2026
| Bank | Headquarters | RCONK159 |
|---|---|---|
| Santander Bank, N.A. | Wilmington, DE | $628.5M |
| Truist Bank | Charlotte, NC | $386.0M |
| U.S. Bank N.A. | Cincinnati, OH | $315.0M |
| BMO Bank N.A. | Chicago, IL | $283.6M |
| Bank of America, N.A. | Charlotte, NC | $199.0M |
| Manufacturers and Traders Trust Company | Buffalo, NY | $198.0M |
| Wells Fargo Bank, N.A. | Sioux Falls, SD | $181.0M |
| Citizens Bank, N.A. | Providence, RI | $177.2M |
| City National Bank | Los Angeles, CA | $149.6M |
| PNC Bank, N.A. | Wilmington, DE | $149.5M |
Total reported by quarter
| Quarter end | Banks reporting | Total reported |
|---|---|---|
| June 30, 2026 | 4,297 | $3.42B |
| March 31, 2026 | 1,026 | $2.98B |
| December 31, 2025 | 4,394 | $4.05B |
| September 30, 2025 | 1,078 | $3.81B |
| June 30, 2025 | 4,477 | $3.76B |
| March 31, 2025 | 1,114 | $3.13B |
| December 31, 2024 | 4,543 | $2.67B |
| September 30, 2024 | 1,139 | $2.21B |
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