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Paragon Bank
Paragon Bank
RSSD ID 3288452 | CERTIFICATE 57874 | ABA NUMBER 84008947 |
5400 Poplar Ave |
Quarter Ended : |
2025-03-31 |
Memphis, Tennessee, 38119 |
Updated : |
2025-04-23 |
www.bankparagon.com |
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Institution Profile |
Year Opened : |
2005 |
Institution Type : |
Commercial bank |
Entity Type : |
State |
Federal Regulator : |
FDIC |
Member Federal Reserve : |
No |
S-Corp : |
No |
Fiduciary Powers : |
No |
Powers Exercised : |
No |
Filing Type : |
051 |
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Specialization : |
Commercial Lending Specialization |
Number of Offices : |
9 |
Number of Employees : |
116 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 873,400 |
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Total Interest Income | 13,643 |
Total Liabilities | 804,802 |
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Total NonInterest Income | 1,154 |
Total Bank Equity Capital | 68,598 |
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Total Interest Expense | 5,624 |
Total Deposits | 774,841 |
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Total NonInterest Expense | 6,379 |
Net Loans & Leases | 720,373 |
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Net Income | 2,090 |
Loan Loss Allowance | 8,281 |
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Net Charge Offs | 7 |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Total capital | 79,786 |
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Total loans | 795,261 |
Total assets for the leverage ratio | 879,100 |
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Loans secured by real estate: | 580,845 |
Tier 1 Leverage Ratio | 8.18 |
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Commercial and industrial loans | 154,456 |
Tier 1 Capital Ratio | 11.05 |
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Loans to individuals - Credit Cards | 0 |
Total Capital Ratio | 12.27 |
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Loans to individuals - Other | 14,457 |
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