Paragon News

Filtering by Tag: Investor Relations

A Letter to Our Shareholders

Published on August 08, 2011

We are pleased to report net income of $215 thousand or $.06 per share for the quarter ended June 30, 2011, which compares very favorably to a net loss of $218 thousand or ($.06) per share for the quarter ended June 30, 2010. Net income was $319 thousand for the first half of 2011 or $.09 per share versus a loss of $836 thousand and ($.23) per share during the same period in 2010. The improvement in our performance can be attributed to increasing the core earnings capacity of Paragon by increasing net interest income, increasing fee income, and reducing expenses.

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Investor Relations

Paragon Plans Second Stock Sale

Published on May 17, 2006

Paragon National Bank announced today that it has filed a registration statement with the Office of the Comptroller of the Currency for the sale of up to 880,000 shares of its common stock, subject to Paragon’s right to increase the offering by 100,000 shares. Paragon intends to sell the shares for a price of between $12.50 and $13.50 per share. Paragon said that it plans to use the proceeds of the offering to fund future growth and for other general corporate purposes.

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Investor Relations

P.O. Box 2022  |  Memphis, TN  38101-2022 |  Phone: 901.273.2900  |  Fax: 901.273.2908  |  info@bankparagon.com
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