CONSOLIDATED STATEMENTS OF CHANGES IN MEMBERS’ EQUITY
FCS Financial, ACA
(in thousands)
Protected
Members'
Equity
Capital
Stock and
Participation
Certificates
Unallocated
Surplus
Total
Members'
Equity
Balance as of December 31, 2014
Net income
Unallocated surplus designated for patronage distributions
Capital stock and participation certificates issued
Capital stock and participation certificates retired $11
--
--
--
(2) $12,827
--
--
1,083
(1,054) $644,012
60,583
(12,520)
--
-- $656,850
60,583
(12,520)
1,083
(1,056)
Balance as of December 31, 2015
Net income
Unallocated surplus designated for patronage distributions
Capital stock and participation certificates issued
Capital stock and participation certificates retired 9
--
--
--
(1) 12,856
--
--
919
(1,177) 692,075
61,566
(12,507)
--
-- 704,940
61,566
(12,507)
919
(1,178)
Balance as of December 31, 2016
Net income
Unallocated surplus designated for patronage distributions
Capital stock and participation certificates issued
Capital stock and participation certificates retired 8
--
--
--
-- 12,598
--
--
858
(1,225) 741,134
70,142
(21,760)
--
-- 753,740
70,142
(21,760)
858
(1,225)
Balance as of December 31, 2017
$8
The accompanying notes are an integral part of these Consolidated Financial Statements.
17
$12,231
$789,516
$801,755