Paragon Bank
Headquartered in Memphis, TN. Part of Paragon Financial Solutions, Inc. FDIC certificate #57874 · Federal Reserve RSSD 3288452.
Total assets
$892M
Deposits
$782M
Q1 2026
Active branches
10
Closings since Jan 2020
1
5 openings since Jan 2020
Financial snapshot — Q1 2026
All quarters →Net income (quarter)
$2M
Return on assets
0.91%
Return on equity
10.79%
Noncurrent loan rate
0.44%
Deposits by year (Summary of Deposits)
02019
02020
02021
02022
12023
12024
12025
Values in $ billions, June 30 of each year.
Closings by year
12023
Openings by year
22021
22023
12025
Other network changes since 2020
- 1 branch relocations
Branches by state
Recent closings
- Paragon Bank — Brookhaven, GAbank exits city2970 CLAIRMONT RD NE · closed June 1, 2023
All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.bankparagon.com.