I've read through the call report instructions glossary regarding loans secured by real estate, which (in simple terms) states that a loan is considered secured by real estate if the value of the real estate collateral is greater than 50% of the principal amount at the time of origination. The glossary goes on to say that a loan meeting that criteria is to be reported in RC-C Part 1, item 1 regardless of purpose, how the loan is categorized internally, etc.

What I'm not quite sure about is the following: if I have a $1 million loan secured by $1 million in real estate and $2 million in non-real estate collateral, does the non-real estate collateral factor into the call report code decision since it would represent the majority of collateral in this example? The call report glossary wording causes me to read it as once you've satisfied the secured by real estate criteria, you stop there. Just curious if others read it the same way. I haven't found an explanation for evaluating multiple collateral types on one loan.

I would be checking with my external accounting firm, as they are the ones that attest to the fact that the bank's books are being kept accordingly and reporting is accurate.

I think this part further on might help, but obviously the safe course of action is to check with your firm as rlcarey states.