RIAD3588: Charge-offs on Loans Secured by Multifamily (5 or More) Residential Properties
RIAD3588 is the call report code for charge-offs on loans secured by multifamily (5 or more) residential properties, reported on Schedule RI-B, Part I, Charge-offs and Recoveries on Loans and Leases. For Q2 2026 (year to date), 4,297 banks reported it, totaling $572.9M; the median among the 109 with a nonzero amount was $429K. The largest value reported for Q2 2026 (year to date) was $161.9M, by Flagstar Bank, N.A.
Definition
Includes loans secured by multifamily (5 or more) residential properties as defined in 'Loans Secured by Multifamily (5 or More) Residential Properties (1460)' that have been charged off.
Source: Federal Reserve Micro Data Reference Manual (MDRM). The FFIEC call report instructions remain the authority on how to report the item.
Where RIAD3588 sits on the call report
| Code | RIAD3588 (prefix RIAD, item 3588) |
|---|---|
| Prefix RIAD | Income statement items (Schedule RI and its supporting schedules). |
| Schedule | RI-B, Part I, Charge-offs and Recoveries on Loans and Leases |
| Reported on | FFIEC 031, FFIEC 041, FFIEC 051 |
| Value | Dollar amount, reported in thousands, year to date |
| In the MDRM since | 1991 |
Largest reported values, Q2 2026
| Bank | Headquarters | RIAD3588 |
|---|---|---|
| Flagstar Bank, N.A. | Hicksville, NY | $161.9M |
| Banc of California | Los Angeles, CA | $68.3M |
| Wells Fargo Bank, N.A. | Sioux Falls, SD | $45.0M |
| ConnectOne Bank | Englewood Cliffs, NJ | $25.3M |
| Merchants Bank of Indiana | Carmel, IN | $21.6M |
| EagleBank | Bethesda, MD | $20.3M |
| Metropolitan Commercial Bank | New York, NY | $19.9M |
| KeyBank N.A. | Cleveland, OH | $19.3M |
| CIBC Bank USA | Chicago, IL | $14.5M |
| Santander Bank, N.A. | Wilmington, DE | $13.5M |
Total reported by quarter
| Quarter end | Banks reporting | Total reported |
|---|---|---|
| June 30, 2026 | 4,297 | $572.9M |
| March 31, 2026 | 4,336 | $219.5M |
| December 31, 2025 | 4,394 | $960.4M |
| September 30, 2025 | 4,435 | $726.0M |
| June 30, 2025 | 4,477 | $496.8M |
| March 31, 2025 | 4,519 | $231.5M |
| December 31, 2024 | 4,543 | $659.0M |
| September 30, 2024 | 4,572 | $342.4M |
Related
All codes on Schedule RI-B, Part I · All call report schedules · Find the code for a loan type · What a call report is