RCONK270: Life Insurance Assets: Hybrid Account Life Insurance Assets
RCONK270 is the call report code for life insurance assets: hybrid account life insurance assets, reported on Schedule RC-F, Other Assets. For Q2 2026, 4,217 banks reported it, totaling $6.32B; the median among the 930 with a nonzero amount was $2.4M. The largest value reported for Q2 2026 was $426.7M, by SouthState Bank, N.A.
Definition
Report the amount of the bank's holdings of life insurance assets associated with hybrid account insurance policies. A hybrid account insurance policy combines features of both general and separate account insurance products. Similar to a general account life insurance policy, the general assets of the insurance company issuing the policy support the policy's cash surrender value. However, like a separate account policy, the assets of a hybrid account assets are protected from claims on the insurer. Additionally, the bank holding the hybrid account life insurance policy is able to select the investment strategy in which the insurance premiums are invested. Hybrid policies do not offer stable value protection, but generally offer a guaranteed minimum crediting rate.
Source: Federal Reserve Micro Data Reference Manual (MDRM). The FFIEC call report instructions remain the authority on how to report the item.
Where RCONK270 sits on the call report
| Code | RCONK270 (prefix RCON, item K270) |
|---|---|
| Prefix RCON | Domestic offices. Banks without foreign offices (FFIEC 041 and 051 filers) report their whole balance sheet in RCON items. |
| Schedule | RC-F, Other Assets |
| Reported on | FFIEC 041, FFIEC 051 |
| Value | Dollar amount, reported in thousands, as of the quarter end |
| In the MDRM since | 2011 |
The same item under other prefixes
Item K270 is also reported under these codes. Which banks file each one depends on the form they file.
| Code | Meaning of the prefix | Banks reporting |
|---|---|---|
| RCFDK270 | The consolidated bank, domestic and foreign offices, reported by FFIEC 031 filers (banks with foreign offices) | 80 |
Largest reported values, Q2 2026
| Bank | Headquarters | RCONK270 |
|---|---|---|
| SouthState Bank, N.A. | Winter Haven, FL | $426.7M |
| First National Bank of Pennsylvania | Greenville, PA | $146.6M |
| Customers Bank | Malvern, PA | $114.2M |
| WesBanco Bank, Inc. | Wheeling, WV | $102.5M |
| Provident Bank | Jersey City, NJ | $99.7M |
| United Bank | Fairfax, VA | $93.6M |
| Webster Bank, N.A. | Stamford, CT | $82.8M |
| Renasant Bank | Tupelo, MS | $78.2M |
| Atlantic Union Bank | Richmond, VA | $75.1M |
| Ocean Bank | Miami, FL | $72.5M |
Total reported by quarter
| Quarter end | Banks reporting | Total reported |
|---|---|---|
| June 30, 2026 | 4,217 | $6.32B |
| March 31, 2026 | 4,256 | $6.33B |
| December 31, 2025 | 4,314 | $6.99B |
| September 30, 2025 | 4,355 | $6.94B |
| June 30, 2025 | 4,397 | $6.99B |
| March 31, 2025 | 4,437 | $7.21B |
| December 31, 2024 | 4,461 | $7.17B |
| September 30, 2024 | 4,490 | $7.17B |
Related
All codes on Schedule RC-F · All call report schedules · Find the code for a loan type · What a call report is