PCB Adds K. Wesley M. Jones to Board of Directors

CHARLOTTE, N.C. (September 17, 2008) – Paragon Commercial Bank announces the appointment of K. Wesley M. Jones of Charlotte, North Carolina to its board of directors.  Mr. Jones grew up in Memphis, Tennessee and attended The University of Tennessee and The University of Memphis.  He is the founder and managing partner of Five Oaks Capital Partners, a private investment firm in Charlotte, NC.  He began his capital markets career in 1982