RCONK657: Banker's Bank Deductions
RCONK657 is the call report code for banker's bank deductions, reported on Schedule RC-O, Other Data for Deposit Insurance Assessments. For Q2 2026, 16 banks reported it, totaling $1.77B; the median among the 12 with a nonzero amount was $55.8M. The largest value reported for Q2 2026 was $594.7M, by TIB, N.A.
Definition
A qualifying banker's bank is eligible to have certain assets deducted from its assessment base, subject to a limit. Report in this item the banker's bank deduction, which equals the sum of a qualifying banker's bank's average balances due from Federal Reserve Banks plus its average federal funds sold. These averages should be calculated on a daily or weekly basis consistent with the qualifying banker's bank's calculation of its average consolidated total assets in Schedule RC-O, item 4 (and as reported in Schedule RC-O, item 4.a). Balances due from Federal Reserve Banks include the total balances due from Federal Reserve Banks, including the qualifying banker's bank's own reserves and other balances as well as reserve balances actually passed through to a Federal Reserve Bank by the banker's bank on behalf of its respondent depository institutions (as described in the instructions for Schedule RC-A, item 4, 'Balances due from Federal Reserve Banks'). For a qualifying banker's bank that is a respondent in a pass-through reserve relationship with a correspondent bank, balances due from Federal Reserve Banks include the reserve balances the correspondent bank has passed through to a Federal Reserve Bank for the respondent banker's bank. Balances due from Federal Reserve Banks also include the qualifying banker's bank's excess balance accounts, which are limited-purpose accounts at Federal Reserve Banks for maintaining an institution's excess balances that are eligible to earn interest on their Federal Reserve balances. See the Glossary entry for 'pass-through reserve balances.' Federal funds sold are defined in the instructions for Schedule RC, item 3.a, 'Federal funds sold.' See also the Glossary entry for 'federal funds transactions.'
Source: Federal Reserve Micro Data Reference Manual (MDRM). The FFIEC call report instructions remain the authority on how to report the item.
Where RCONK657 sits on the call report
| Code | RCONK657 (prefix RCON, item K657) |
|---|---|
| Prefix RCON | Domestic offices. Banks without foreign offices (FFIEC 041 and 051 filers) report their whole balance sheet in RCON items. |
| Schedule | RC-O, Other Data for Deposit Insurance Assessments |
| 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 K657 is also reported under these codes. Which banks file each one depends on the form they file.
| Code | Meaning of the prefix | Banks reporting |
|---|---|---|
| RCFDK657 | The consolidated bank, domestic and foreign offices, reported by FFIEC 031 filers (banks with foreign offices) | — |
Largest reported values, Q2 2026
| Bank | Headquarters | RCONK657 |
|---|---|---|
| TIB, N.A. | Farmers Branch, TX | $594.7M |
| Pacific Coast Bankers' Bank | Walnut Creek, CA | $392.7M |
| First National Bankers Bank | Baton Rouge, LA | $309.8M |
| United Bankers' Bank | Richfield, MN | $127.5M |
| Atlantic Community Bankers Bank | Camp Hill, PA | $120.6M |
| Independent Correspondent Bankers' Bank, Inc. | Frankfort, KY | $63.2M |
| Midwest Independent Bankersbank | Jefferson City, MO | $48.3M |
| Bankers' Bank | Madison, WI | $42.3M |
| Bankers' Bank of the West | Denver, CO | $32.3M |
| Bankers' Bank of Kansas | Wichita, KS | $17.5M |
Total reported by quarter
| Quarter end | Banks reporting | Total reported |
|---|---|---|
| June 30, 2026 | 16 | $1.77B |
| March 31, 2026 | 16 | $2.06B |
| December 31, 2025 | 16 | $2.10B |
| September 30, 2025 | 16 | $1.74B |
| June 30, 2025 | 16 | $1.61B |
| March 31, 2025 | 16 | $1.67B |
| December 31, 2024 | 16 | $1.71B |
| September 30, 2024 | 16 | $1.58B |
Related
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