Paragon Bank
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Data as of · sourced from FFIEC call reports. How we update
Paragon Bank is an FDIC-insured commercial bank headquartered in Memphis, TN, established in 2005 (FDIC certificate 57874), and it is supervised by the Federal Reserve. At Q2 2026 it reported total assets of $908.1M, up 4.9% from Q2 2025, the 38th largest of 109 banks headquartered in Tennessee. Its CET1 capital ratio was 11.27% at Q2 2026, above regulatory requirements.
- Charter
- Commercial bank
- Regulator
- Federal Reserve
- Deposit insurance
- FDIC
- FDIC certificate
- 57874
- Headquarters
- Memphis, TN
- Established
- 2005
- Total assets, Q2 2026
- $908.1M
- Assets vs Q2 2025
- +4.9%
- CET1 ratio, Q2 2026
- 11.27%
- Domestic offices
- 10 FDIC institution directory, current count
- Routing number
- 084008947
- Holding company
- PARAGON FINANCIAL SOLUTIONS, INC
- Asset rank in state
- 38th of 109 in Tennessee
Paragon Bank operates with a thinner capital cushion than most banks of its size. Its balance sheet stood at $908 million at June 30, 2026, up 4.9% from a year earlier; it is based in Memphis, Tennessee. It holds common equity equal to 11.27% of its risk-weighted assets, lower than about 9 in 10 of the 2,660 banks with $100 million to $1 billion in assets (median 15.12%). It also holds commercial real estate loans worth 3.3 times its capital, about triple the median of 1.2 times for banks its size.
Loans and deposits moved in opposite directions: over the year loans rose 9.0% and deposits fell 1.8%. Funding is the softer spot: it pays an average of 2.48% on its deposits and borrowings, higher than about three-quarters of banks its size (median 1.80%).
As of June 30, 2026, Paragon Bank reported a CET1 capital ratio of 11.27%, a return on assets of 0.89%, a nonperforming-loan ratio of 0.18% and a Texas ratio of 2.98%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, Paragon Bank is the 38th largest of the 109 banks headquartered in Tennessee. Quarter on quarter (Q1 2026 to Q2 2026), its total assets rose 1.8% to $908.1M, loans rose 1.9% and deposits fell 2.2%. The largest part of its loan book on June 30, 2026 was 1-4 family residential loans, at 29.6% of total loans, ahead of commercial and industrial loans at 21.5%. The FDIC Summary of Deposits lists 9 offices for it, in 6 cities across 4 states; its Memphis 3 offices book 73% of its branch deposits. On its Q2 2026 call report, Paragon Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 5400 Poplar Ave, Memphis, TN 38119
- County
- Shelby
- Metro Area
- Memphis, TN-Ms-Ar
- Charter
- Commercial bank, state charter, Fed member, FRB-supervised
- Primary Regulator
- Federal Reserve
- FDIC Region
- Dallas (Region 13)
- Federal Reserve member
- Yes
- Federal Reserve district
- District 8, St. Louis
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- January 19, 2005
- Domestic offices
- 10 FDIC institution directory, current count
- Employees (FTE)
- 122
- Domestic deposits
- $765.3M
- Allowance for credit losses
- $7.6M
- Net charge-offs (YTD)
- $724K
- Average total assets
- $911.2M
- Average total loans
- $821.3M
- Average interest-bearing deposits
- $635.1M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 19, 2005
- FDIC Cert
- 57874
- Fed RSSD
- 3288452
- Website
- http://www.bankparagon.com →
- Parent Holding Company
- PARAGON FINANCIAL SOLUTIONS, INC (RSSD 4645324)
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
Over the 12 quarters to Q2 2026, Paragon Bank's total assets ran between $720.3M (Q3 2023) and $908.1M (Q2 2026), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$908.1M total assets against $865.2M; $831.2M total liabilities against $794.3M.
$812.0M net loans and leases against $743.5M; $765.3M total deposits against $779.1M.
$50.6M securities against $47.4M; $7.7M cash and balances due against $25.6M.
$13.8M total interest income against $13.7M; $5.1M total interest expense against $5.4M.
$8.7M net interest income against $8.3M.
$975K total noninterest income against $902K; $7.0M total noninterest expense against $6.5M.
$25K provision for credit losses against $0.
$2.0M net income against $2.0M.
0.89% return on assets against 0.93%; 3.93% net interest margin against 3.95%.
11.27% CET1 capital ratio against 11.06%; 8.67% tier 1 leverage ratio against 8.49%.
Inside the full Paragon Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Loans outstanding are at or above total deposits. The bank reports little borrowing or brokered funding, so the difference is carried mainly by equity and other liabilities. Worth watching if loan growth continues to outpace deposits. Industry heuristic, not a supervisory threshold.
Commercial real estate loans exceed 300% of total capital, the threshold at which the 2006 interagency guidance flags a bank for heightened supervisory scrutiny. CRE concentration has been the central stress vector for regional banks since 2023. 2006 Interagency CRE Concentration Guidance (SR 07-1).
Paragon Bank rankings
Its closest position to the top of a national ranking is 1,128 of 4,196, for total assets; its furthest is 1,897 of 2,134, for CET1 ratio.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 0.65% (Q3 2024) to 0.97% (Q4 2025) and its net interest margin ran from 3.66% (Q3 2024) to 4.13% (Q4 2025).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 11.27% | 0.89% | 0.18% | 2.98% | 3.93% |
| Q1 2026 | 11.16% | 0.90% | 0.44% | 4.16% | 3.87% |
| Q4 2025 | 11.34% | 0.97% | 0.26% | 1.60% | 4.13% |
| Q3 2025 | 11.32% | 0.95% | 0.29% | 1.71% | 4.03% |
| Q2 2025 | 11.06% | 0.93% | 0.29% | 1.80% | 3.95% |
| Q1 2025 | 11.05% | 0.95% | 0.27% | 1.90% | 3.75% |
| Q4 2024 | 10.71% | 0.83% | 0.31% | 1.95% | 3.75% |
| Q3 2024 | 10.63% | 0.65% | 0.39% | 2.61% | 3.66% |
Swipe the table sideways to see every column.
Branch Network
View all 9 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Paragon Bank (main office) | Memphis , TN | 38119 | $488.4M |
| Wilmington Branch | Wilmington , NC | 28405 | $91.2M |
| Saddle Creek Banking Center Branch | Germantown , TN | 38138 | $47.8M |
| Oxford Branch | Oxford , MS | 38655 | $46.1M |
| Paragon Place Branch | Memphis , TN | 38119 | $37.3M |
| Grove Park Banking Center Branch | Memphis , TN | 38117 | $31.6M |
| Pharr Road Branch | Atlanta , GA | 30305 | $20.6M |
| Paragon Bank Branch | Jackson , TN | 38305 | $2.3M |
| Oxford Branch - Itm | Oxford , MS | 38655 | $0 |
Regulatory record
Facts as filed or published, not a rating.
- Enforcement actions
- 1 against the institution (OCC)
- September 12, 2008, OCC: Formal Agreement: Paragon National Bank
- Period: Most recent institution action September 12, 2008. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- 0.2% of deposits in TN, rank 61 of 165 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 196 applications, 169 loans originated, $57.7M originated, across 12 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 18 loans, $22.3M approved, $1.2M average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2025 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Paragon Bank
What are Paragon Bank's total assets?
As of the Q2 2026 filing, Paragon Bank reported total assets of $908.1 million in its FFIEC call report.
Where is Paragon Bank headquartered?
It is headquartered in Memphis, TN, United States.
When was Paragon Bank founded?
It was established in 2005, per the FDIC institution directory.
Is Paragon Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #57874). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Paragon Bank?
Paragon Bank's primary federal regulator is the Federal Reserve.
What is Paragon Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 11.27% in its Q2 2026 call report, above regulatory requirements.
How many branches does Paragon Bank operate?
It operates 10 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Paragon Bank's Texas Ratio?
Its Texas Ratio is 2.98% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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