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Paragon Commercial Bank recently reported record earnings of $2.5 million for 2003. This represented 26.5% growth over 2002. Total assets ended the year at $276 million, which represented an increase of 31% over 2002.
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Paragon Commercial Bank, the first business-only bank in North Carolina, has formed a strategic partnership with Triangle Securities, LLC to provide wealth management services for the bank's private banking division.
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Paragon Commercial Bank, the first business-only bank in North Carolina, has named Thomas B. Oxholm of Raleigh to its board of directors.
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Paragon Commercial Bank, the first business-only bank in North Carolina, has named Billie J. Redmond of Raleigh to its board of directors.
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