Paragon Reports Sustained Growth, Celebrates 10th Anniversary in First Quarter

Paragon Bank reported continued growth in revenue in Memphis, with additional investment in the Small Business Capital Group (SBCG) based in Atlanta. Driven by revenue from the SBCG and mortgage lending, core non-interest income increased by 96%, or $310,000. 

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Paragon Reports Sustained Profitability During First Quarter

Paragon Bank reported solid results from the first quarter of 2014, with a pre-tax earnings increase of 119% over the first quarter of 2013. Adding to this news is Paragon’s announcement earlier this month that it transitioned to a state charter.

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