Paragon Bank
Memphis, TN
IDRSSD: 3288452
Total Assets
$888.56M
Latest filing
Total Deposits
$754.36M
Latest filing
Net Interest Margin
4.16%
Profitability
Routing numbers
Primary routing transit numbers associated with this institution.
1 routeView all→
084008947MEMPHIS, TN
Key People
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Locations
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Main Office
Paragon Bank
5400 Poplar Ave
Memphis, TN 38119
Full Service - Brick and Mortar
Updated 01/30/2026Established 01/19/2005FDIC Certificate 428718
Branches (9)
Page 1 of 2| Name | Address | City / State |
|---|---|---|
| Paragon Bank (Main) | 5400 Poplar Ave | Memphis, TN |
| PARAGON PLACE BRANCH | 6300 Poplar Ave | Memphis, TN |
| SADDLE CREEK BANKING CENTER BRANCH | 7600 Poplar Ave | Germantown, TN |
| GROVE PARK BANKING CENTER BRANCH | 4515 Poplar Ave | Memphis, TN |
| OXFORD BRANCH - ITM | 265 N Lamar Blvd | Oxford, MS |
| ATLANTA LPO | 2970 Clairmont Rd Ne | Atlanta, GA |
| WILMINGTON BRANCH | 6752 Parker Farm Dr | Wilmington, NC |
| PHARR ROAD BRANCH | 293 Pharr Road | Atlanta, GA |
Showing 7 of 9
Quarterly Trends
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Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 01/19/2005 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 38119 |
| State and County Number | 47157 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 08 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Dallas |
| Core Based Statistical Area Name | Memphis, TN-MS-AR |
Operational Info
| Number of Employees | 117 |
| Domestic Offices | 10 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/31/2022 |
| Date of Deposit Insurance | 01/19/2005 |
| Primary Insurance Agency | DIF |
| Website | http://www.bankparagon.com |
| Data Updated | 01/30/2026 |
| CERT | 57874 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $888.56M |
| Total Deposits | $754.36M |
| Total Liabilities | $813.63M |
| Total Equity Capital | $74.93M |
| Net Income | $2.08M |
| Net Loans and Leases | $796.28M |
| Assets Per Employee ($Millions) | $7.59M |
| Bank Premises and Fixed Assets | $13.95M |
| Cash and Balances due from Depository Institutions | $8.74M |
| Deposits Held in Domestic Offices | $754.36M |
Key Performance Ratios
| Return on Assets (ROA) | 0.96% |
| Return on Equity (ROE) | 11.21% |
| Net Interest Margin | 4.16% |
| Efficiency Ratio | 70.36% |
| Tier 1 Risk-Based Capital Ratio | 11.339% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.05% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 8.433% |
| Earning Assets to total Assets | 96.05% |
Income and Expense
| Total Interest Income | $13.60M |
| Total Noninterest Income | $837.00k |
| Total Interest Expense | $4.96M |
| Total Noninterest Expense | $6.67M |
| Net Interest Income | $8.64M |
| Pre-tax Net Operating Income | $2.71M |
| Provision for Credit Losses | $100.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | — |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $45.00M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $2.05M |
| All Other Liabilities | $12.22M |
| Total Liabilities and Capital | $888.56M |
Securities
| Securities | $51.02M |
| Available-for-sale debt securities | $51.02M |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $0 |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Paragon Bank?
$888.56M as of the latest filing.
How much are Paragon Bank's total deposits?
$754.36M in total deposits.
Where is Paragon Bank located?
Memphis, TN.
What is the Net Interest Margin?
4.16%.
How many domestic offices does it operate?
10.
When was it established?
01/19/2005.
What is the Return on Assets (ROA)?
0.96%.
How much are total loans and leases?
$796.28M (latest filing).
What is the total interest income (latest filing)?
$13.60M.