Paragon Commercial Bank opened in May 1999 in Raleigh as North Carolina’s first business-only bank and expanded to Richmond in 2005 to become one of Virginia’s first business-only banks. Paragon completed the addition of a Charlotte market location in 2006. Paragon was formed to serve the financial needs of commercial clients, their owners and other targeted clients with superior performance.

Paragon provides banking products and services tailored to meet the needs of small to medium-size companies with revenues from $5 million to $50 million including commercial real estate companies, residential construction firms and professional service firms including attorneys, health care providers and accountants. Paragon also provides corporate finance services for firms with annual sales from $5 million to $100 million.

Paragon, known as The Bank For Business, provides a satisfactory investment return for its owners. Finally, Paragon provides a productive and enjoyable workplace for its staff members so that they can fulfill their career ambitions.

Mission Statement

The three reasons that Paragon exists are (in equal proportion):

• To provide for the needs and exceed the expectations of its clients
• To maximize the investment return of its shareholders
• To provide its employees with a workplace conducive to personal growth and job satisfaction

Our Commitment To Our Clients

Superior customer service is the single most important trait by which Paragon Commercial Bank is known. We firmly believe in exceeding your expectations by creating positive memorable customer experiences. Our staff will utilize a consultative approach to understand your needs and help you exceed your goals. We understand that keeping this commitment is critical to our long-term success. We expect nothing less and neither should you.