Paragon Reports 15th Consecutive Quarter of Profitability; Introduces Small Business Capital Group

Paragon Bank has reported a profitable third quarter of 2014, with year-to-date pre-tax earnings 35% higher than the first three quarters of 2013. The continued success was a result of double-digit loan growth, increased non-interest income and resolved non-performing assets. Adding to this news is the recent introduction of the Paragon Small Business Capital Group. The expansion aligns with Paragon’s plan to increase net income through growth of the balance sheet and to increase non-interest income.

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