Paragon Commercial Bank Information
Basic Information
Bank Name: Paragon Commercial Bank
Status: Inactive [Since 2018-01-26]
Holding Company: Paragon Commercial Corporation
Concentration: Commercial Lending Specialization
Address:
3535 Glenwood Avenue
Raleigh, North Carolina 27612
United States
Website: www.paragoncommercial.com
General Information
Established: 5/10/1999
Total Branches: 3
Headquarters Located: Raleigh
Assets: $ 1,763,918,000
Equity Capital: $ 166,741,000
Deposits: $ 1,282,131,000
Domestic Deposits: $ 1,282,131,000
Net Income: $ 15,125,000
Quarterly Net Income: $ 3,176,000
Return on Assets: 0.92%
Return on Equity: 9.47%
Pretax Return on Assets: 1.46%
FDIC Information
Certificate No.: 35100
Insurance: 1999-05-10
Unique ID: 74679
Structural Event: Absorption - Without Assistance
Supervisory Region: Atlanta
Federal Reserve District: Richmond
Federal Reserve ID No.: 2806626
Geographic Region: Chicago
Supervisory Region: Atlanta
Field Office: Raleigh
Supervisory Office: Atlanta
More Information
County: Wake
State & County No.: 37183
State Identification Code: 37
Interstate Branches: No
Domestic Offices: 3
Conservatorship: No
CMSA Division No.: No
Trust Powers: No
Metropolitan Statistical Area: Raleigh-Durham-Chapel Hill, NC
Metropolitan Statistical Area No.: 6640
CSA: Raleigh-Durham-Chapel Hill, NC
CSA Code: 450
CBSA: Raleigh, NC
CBSA Code: 39580
CBSA Metropolitan Statistical Areas: Raleigh, NC
CBSA Division:
CBSA Division Number: 0
City of High Holder: Raleigh
FFIEC Call Report 31 Filer: No
Chartering Agency: STATE
OCC Charter Number: 0
Charter Class:
Commercial bank, state charter and Fed nonmember, supervised by the FDIC.
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Office of Thrift Supervision Region: Southeast
Regulator:
Office of the Comptroller (OCC) Districts: Northeast
Report Date: 31 December 2017, Last Updated: 5 October 2018