Paragon Commercial Bank is a wholly owned subsidiary of Paragon Commercial Corporation. The bank has total assets of more than $1.0 billion, deposits of $773 million, and net loans of $714 million as of July 31, 2011. The bank operates two banking offices one in Raleigh and one in Charlotte.

Paragon Commercial Bank started in 1999 as a commercial only bank serving selected businesses and their owners.  Today, we remain true to our mission of selecting our clients carefully and helping them achieve their goals even in the challenging economic environment.  As a leader in our industry, we constantly evaluate the changing economic and market conditions while remaining true to our seven core values.  Our two markets in Raleigh and Charlotte, are consistently ranked in national publications as cities to live and work.   You are welcome to download Paragon Bank's historical annual reports listed below.

2010 Paragon Commercial Bank Annual Report

2009 Paragon Commercial Bank Annual Report

2008 Paragon Commercial Bank Annual Report

2007 Paragon Commercial Bank Annual Report