RCONK677: Portion of Unfunded Commitments to Fund Construction, Land Development, and Other Land Loans Secured by Real Estate That Are Guarnateed or Insured by the U.S. Government (Including the FDIC)
RCONK677 is the call report code for portion of unfunded commitments to fund construction, land development, and other land loans secured by real estate that are guarnateed or insured by the u.s. government (including the fdic), reported on Schedule RC-O, Other Data for Deposit Insurance Assessments. For Q2 2026, 98 banks reported it, totaling $598.6M; the median among the 27 with a nonzero amount was $2.0M. The largest value reported for Q2 2026 was $322.9M, by Live Oak Banking Company.
Definition
Report the amount of the unused portion of the construction, land development, and other land loan commitments reported in Schedule RC-O, Memorandum item 10.a, above that is recoverable from the U.S. government, its agencies, or government-sponsored agencies, under guarantee or insurance provisions, including guarantees by the FDIC such as under loss-sharing agreements. Exclude amounts recoverable from state or local governments, state or local government agencies, foreign (non-U.S.) governments, and private agencies or organizations.
Source: Federal Reserve Micro Data Reference Manual (MDRM). The FFIEC call report instructions remain the authority on how to report the item.
Where RCONK677 sits on the call report
| Code | RCONK677 (prefix RCON, item K677) |
|---|---|
| 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 031, 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 K677 is also reported under these codes. Which banks file each one depends on the form they file.
| Code | Meaning of the prefix | Banks reporting |
|---|---|---|
| RCFDK677 | The consolidated bank, domestic and foreign offices, reported by FFIEC 031 filers (banks with foreign offices) | 50 |
Largest reported values, Q2 2026
| Bank | Headquarters | RCONK677 |
|---|---|---|
| Live Oak Banking Company | Wilmington, NC | $322.9M |
| Merchants Bank of Indiana | Carmel, IN | $178.9M |
| First United Bank and Trust Company | Durant, OK | $21.1M |
| Enterprise Bank & Trust | Clayton, MO | $20.3M |
| United Community Bank | Greenville, SC | $10.7M |
| Zions Bancorporation, N.A. | Salt Lake City, UT | $6.8M |
| Happen Bank, N.A. | Lehi, UT | $6.2M |
| PlainsCapital Bank | University Park, TX | $4.6M |
| MidFirst Bank | Oklahoma City, OK | $4.5M |
| Arvest Bank | Fayetteville, AR | $3.3M |
Total reported by quarter
| Quarter end | Banks reporting | Total reported |
|---|---|---|
| June 30, 2026 | 98 | $598.6M |
| March 31, 2026 | 98 | $648.7M |
| December 31, 2025 | 101 | $670.4M |
| September 30, 2025 | 103 | $628.3M |
| June 30, 2025 | 103 | $650.2M |
| March 31, 2025 | 104 | $638.8M |
| December 31, 2024 | 105 | $653.5M |
| September 30, 2024 | 103 | $605.5M |
Related
All codes on Schedule RC-O · All call report schedules · Find the code for a loan type · What a call report is