$908M
total assets, June 30, 2026
Paragon Bank is a state member bank based in Memphis, TN, owned by Paragon Financial Solutions, Inc. (PGNN). As of June 30, 2026 it held $908.1 million in assets and $765.3 million in deposits; assets were up 5.0% from a year before. It has 9 branches in 4 states.
Updated Oct 11, 2026 · numbers as of June 30, 2026
Total assets
$908M
+5.0% in a year · +1.8% in a quarter
Deposits
$765M
-1.8% in a year · -2.2% in a quarter
Loans
$820M
+9.0% in a year · +1.9% in a quarter
Profit so far
$4.1M
Jan 1 to Jun 30, 2026 · -1.6% in a year
Capital ratio
8.67%
+0.18 pts in a year
Return on assets
0.90%
-0.04 pts in a year
Facts
- Type
- State member bank
- Head office
- 5400 Poplar Ave, Memphis, TN, 38119
- County
- Shelby
- Holding company
- Paragon Financial Solutions, Inc. (PGNN)
- Established
- Jan 19, 2005
- Employees
- 122
- Branches
- 9 in 4 states
- Website
- www.bankparagon.com
- Id
- b57874
Quarter by quarter
March 31, 2005 to June 30, 2026
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Branches
9 offices as of June 30, 2026, holding $765.3 million in deposits
Branch map
Every branch, sized by its deposits
| State | Branches | Deposits | Share |
|---|---|---|---|
| Tennessee | 5 | $607M | 79.4% |
| North Carolina | 1 | $91.2M | 11.9% |
| Mississippi | 2 | $46.1M | 6.0% |
| Georgia | 1 | $20.6M | 2.7% |
| Largest branches | Place | Deposits |
|---|---|---|
| Paragon Bank (main office) | Memphis, TN | $488M |
| Wilmington Branch | Wilmington, NC | $91.2M |
| Saddle Creek Banking Center Branch | Germantown, TN | $47.8M |
| Oxford Branch | Oxford, MS | $46.1M |
| Paragon Place Branch | Memphis, TN | $37.3M |
| Grove Park Banking Center Branch | Memphis, TN | $31.6M |
| Pharr Road Branch | Atlanta, GA | $20.6M |
| Paragon Bank Branch | Jackson, TN | $2.3M |
| Oxford Branch - Itm | Oxford, MS | $0 |
Related pages
Questions and answers
How big is Paragon Bank?
$908.1 million in total assets and $765.3 million in deposits as of June 30, 2026, with assets up 5.0% from a year before. Its loans were $819.6 million.
How many branches does Paragon Bank have?
9 branches in 4 states as of June 30, 2026. The most deposits are in Tennessee ($607.4 million).
Is Paragon Bank profitable?
Yes: it earned $4.05 million from January 1 to June 30, 2026 (down 1.6% from the same months a year before). Its return on assets was 0.90% a year; about 1% is typical.
Who owns Paragon Bank?
Paragon Bank is owned by Paragon Financial Solutions, Inc., its holding company, which is listed as PGNN.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.