Replies to post #784932 on Fannie Mae-No Politics (FNMA)

[imbellish]

Dicta of accounting fundamentals puts most common stock par value nearly zero (sometimes a dollar or a penny); premium paid over par when there's a tender offer is considered Additional Paid-in Capital, itemized under shareholder equity, along with Retained Earnings, which he says is $236B in toto once the negative balances of the SPSs are essentially reversed.

[Wise Man]

FHFA provides the definition of Common Equity.
Common Equity TIER 1 capital = Common Equity TIER 1 capital elements + regulatory adjustments.
12 CFR 1240.20(b)
The Common Equity TIER 1 capital elements are:
+Common stock par value, less Treasury Stock (stock buybacks)
+Paid-In Capital
+Retained Earnings account
+AOCI