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Paragon News

Paragon Showcases St. Louis Catholic School Art

Published on November 01, 2012

Paragon National Bank will display art from St. Louis Catholic School in its Saddle Creek branch (7600 Poplar Avenue) throughout November. Paragon partnered with the school’s art teacher, Robin Durden, to display artwork by 11 fifth grade students and ten junior high students. St. Louis Catholic School, located in East Memphis, serves students in preschool through eighth grade. Read More
Art  Saddle Creek


Paragon Sees Increase in United Way Campaign Results

Published on October 31, 2012

Paragon National Bank recently completed its annual campaign for the United Way of the Mid-South, noting a significant increase in both employee participation and contributions for the year. Compared to its 2011 campaign, the bank experienced a 70% increase in employee participation and a 147% increase in the total amount raised in 2012. The 2012 campaign total includes a match from an anonymous donor.

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Paragon Hosts Bodine School Art in Saddle Creek Branch

Published on October 17, 2012

Paragon National Bank will display artwork from Bodine School in its Saddle Creek branch (7600 Poplar Avenue) throughout the month of October. Bodine School, located in Germantown, provides an educational experience that focuses on teaching Mid-South children with dyslexia to read and succeed. Paragon worked with art teacher Lori Wakefield to select and display art by 24 students in the first through seventh grades to help commemorate the school’s 40th anniversary, as well as highlight Dyslexia Awareness Month.

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Art  Saddle Creek  Germantown


Paragon Employees Celebrate New School Year at Hawkins Mill

Published on September 19, 2012

Paragon National Bank recently visited Ms. Kimberly Martin’s third grade class at Hawkins Mill Elementary to meet the students and celebrate the start of a new school year. This is the seventh consecutive year that the bank has sponsored Martin’s classroom by making seasonal visits throughout the year, each time playing games, making crafts and providing snacks. Read More
ACTS (Assisting the Community Through Service)  Hawkins Mill






Paragon’s First Vice President, Dorothy Cleaves, Appointed to THDA Board

Published on August 10, 2012

Paragon National Bank announced that Governor Bill Haslam has appointed Dorothy Cleaves to the Tennessee Housing Development Agency (THDA) board of directors, a 19-member board representing aspects of the housing industry and general public. Cleaves, Paragon’s First Vice President and Private Banking Relationship Manager, will fulfill THDA’s West Tennessee at-large position.

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Community Involvement


Paragon National Bank Launches Mobile App

Published on June 22, 2012

Paragon National Bank has announced the launch of its mobile app, which can be downloaded for free by iPhone and Android users. The new app joins the bank’s existing suite of mobile banking solutions that includes Paragon Mobile Texting and Paragon Mobile Web.

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Paragon Grants Seventh Wish for Child

Published on June 18, 2012

Paragon National Bank recently partnered with the Make-A-Wish Foundation of the Midsouth for the seventh time to grant the wish of a child in Memphis. At least 38 Paragon employees volunteered their time and resources to make the bank’s Fountain Place location fit for a princess in honor of nine-year old Sheyla, whose wish was to have a complete room makeover.

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ACTS  Make-A-Wish


Paragon Names Edwards as President and Chief Operating Officer

Published on June 18, 2012

Chief Executive Officer Robert Shaw announced the appointment of Mike A. Edwards as its President and Chief Operating Officer (COO) of Paragon National Bank. In his new role, Edwards is responsible for the continued development of Paragon’s loan and deposit lines of business, as well as enhancing existing customer relationships and establishing new connections.

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New Employee


Paragon Reports Positive Momentum During Annual Shareholders' Meeting

Published on June 18, 2012

Paragon National Bank announced at its seventh annual shareholders’ meeting that it has maintained profitability over the last five quarters.During the recent meeting at The Dixon Gallery and Gardens, attendees listened to CEO Robert Shaw and President Mike Edwards present the bank’s other key accomplishments and financials from last year, as well as the areas of focus for 2012.

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Annual Meeting  Shareholders Meeting


Paragon Collects Record Level of Donations During Food Drive

Published on January 05, 2012

Paragon National Bank announced it collected more than $11,000 in monetary donations and over 1,000 food items during the 4th Annual Mid-South Food Bank Student Food Drive. The bank accepted donations for the food drive from employees and customers at its Paragon Place, Fountain Place, Saddle Creek and Grove Park branches from November 1 through December 2.

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Food Bank  ACTS (Assisting the Community Through Service


Paragon Recognized as Corporate Neighbor of the Year

Published on January 05, 2012

Paragon National Bank was named the 2011 Corporate Neighbor of the Year during Volunteer Mid-South’s Corporate Volunteer Council’s 25th Annual Corporate Neighbor Awards. Each year, the award is given to both a small/medium and large company whose corporate policies and record of volunteer service exemplify a deep commitment to the community.

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ACTS (Assisting the Community Through Service)  Paragon in the News






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 Supports Relay for Life for Fifth Consecutive Year

Published on June 07, 2011

Paragon National Bank had more than 50 employees and their family members participate in the 2011 Relay for Life, held at the Germantown Municipal Park on April 30. While this is the first year Paragon has participated in the Germantown event, it’s the fifth consecutive year that the bank has supported the cause in honor of its employees who are cancer survivors, as well as those who have lost their valiant battle with this terrible disease.

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ACTS (Assisting the Community Through Service




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