MESSAGE FROM THE CHAIRPERSON OF THE BOARD AND
CHIEF EXECUTIVE OFFICER
Dear FCS Financial Member:
We are pleased to report that 2015 was another strong year for FCS Financial. Loan volume continued to grow with the average daily balance (ADB) of
our owned and managed loan portfolio increasing nearly 4.5% to $3.4 billion. Net income was $60.6 million for a return on assets (ROA) of 1.8%.
Acceptable credit quality remained near historical levels at 96.4% and our permanent capital ratio, a key indicator of capital adequacy, was a very strong
17.5%. These results, in general, were more favorable than w