# PARAGON COMMERCIAL BANK
RALEIGH, NC · FDIC certificate 35100 · asset band $1-10B · latest filing 2017-12 · stopped filing (departed)

**Verdict on the desk:** this could be *run candidate*. Composite score 5 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $1.76B | |
| Deposits | $1.28B | |
| Loans and leases | $1.44B | |
| Total equity | $166.7M | |
| Loans / deposits | 111.89% (p94 of band) | 90.29% |
| Liquid assets / assets | 14.07% (p21 of band) | |
| Uninsured deposits / deposits | 60.27% (p95 of band) | 26.14% |
| Brokered deposits | 6.04% | |
| Wholesale funding | 23.63% (p88 of band) | |
| FHLB advances / assets | 16.16% | |
| Tier 1 leverage | 9.69% (p42 of band) | 9.96% |
| Unrealized securities loss / equity | -0.82% (p45 of band) | -0.71% |
| AOCI / equity | 0.18% (p56 of band) | |
| ROA (annualized) | 0.92% (p51 of band) | 0.92% |
| Net interest margin | 3.50% (p46 of band) | 3.55% |
| Efficiency ratio | 54.52% (p23 of band) | |
| Noncurrent loans | 0.02% (p5 of band) | 0.50% |
| Net charge-offs (annualized) | -0.02% (p7 of band) | |
| Reserve coverage of noncurrent | 3662.98% | |
| Real estate % of loans | 85% | |
| Construction % of loans | 49.59% (p59 of band) | |
| Auto loans | $14,000 (0.00% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p37 of band) | |
| Deposits YoY | 9.1% | |
| Employees | 140 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **uninsured deposits >50%** (`liq_uninsured`)
- **wholesale funding >15%** (`liq_wholesale`)
- **capital falling** (`cap_falling`)
- **run vulnerability** (`liq_runrisk`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 5 | brokered >10%, wholesale funding >15%, losing money, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 5 |  |  |
| 2011-09 | 4 |  | losing money |
| 2011-12 | 4 |  |  |
| 2012-03 | 7 | charge-offs p90, deposits shrinking, assets shrinking |  |
| 2012-06 | 7 | uninsured deposits leaving | charge-offs p90 |
| 2012-09 | 4 |  | deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2012-12 | 5 | loans exceed deposits, deposits shrinking | construction >100% equity |
| 2013-03 | 4 | charge-offs p90 | loans exceed deposits, deposits shrinking |
| 2013-06 | 3 |  | charge-offs p90 |
| 2013-09 | 3 |  |  |
| 2013-12 | 2 |  | reserve under noncurrent |
| 2014-03 | 2 |  |  |
| 2014-06 | 2 |  |  |
| 2014-09 | 3 | capital falling |  |
| 2014-12 | 3 |  |  |
| 2015-03 | 3 |  |  |
| 2015-06 | 3 |  |  |
| 2015-09 | 3 |  |  |
| 2015-12 | 3 | loans exceed deposits | capital falling |
| 2016-03 | 4 | uninsured deposits >50%, run vulnerability | loans exceed deposits |
| 2016-06 | 4 |  |  |
| 2016-09 | 4 |  |  |
| 2016-12 | 5 | loans exceed deposits, capital falling | brokered >10% |
| 2017-03 | 4 |  | loans exceed deposits |
| 2017-06 | 4 | loans exceed deposits | capital falling |
| 2017-09 | 4 |  |  |
| 2017-12 | 5 | capital falling |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2017-04-27 [TowneBank in Va. to pay $323.7M for N.C. bank - American Banker](https://news.google.com/rss/articles/CBMiggFBVV95cUxOeUt2QklLZnprVzhlNnQ4RC0tODllLXN3ekZHSi1nRGNDLWhHN3VhOTh5TXd0OEVOdHNDRmNoaFdhWVE0ZVp1T0JoWW9FYzFRV01JZWtyTG9aNDVfZ09sNXhKZy14akM2MzNvSFZtS1ZlTzFYMDhYQ1BPY0JYc0tsMzF3?oc=5) · American Banker
- 2017-06-06 [NC banking: Largest 100 banks and credit unions in the state - Business North Carolina](https://news.google.com/rss/articles/CBMiiwFBVV95cUxOcUZqcXRBN2l4TVdHUFBfczBXVGFraHBlMGpUTDNLclBxNkNPVl9jOUItLWcwWm8tQWFxcjNFVnlkQXhQa0NYUjlqeDBBbm9yRTNDQTVkU0ZkVUF0eVJXbmhQZDBtZlFwem9Bd05LVFF3QWxBYXVLVlQ5SVlzM1NsZWNsWXNTMmZSNThR?oc=5) · Business North Carolina
- 2017-10-12 [From Wells Fargo to Bank of America to First Citizens: A look at Raleigh's biggest banks - The Business Journals](https://news.google.com/rss/articles/CBMipAFBVV95cUxPRTNiUUZQLUlxUEtMOXBicE9uR3dRczFwRnB0MEladW5GdzVyVi0tY1N2UUVaek5lemtyS1pDTUFqUjktM2NVb1ZKY3pOWm5CS3hiMEc4Q3daWlJXOEIwVW5fNE9WTERUbEZPQ3VDODNhVnUyYUlKZzVHZnFFODVXdmREdDlyMWZvMnhmd25rQ2kxM3lncTJ3MTdfRU42enlQWUItYg?oc=5) · The Business Journals
- 2010-06-07 [Wake Tech Foundation Welcomes New Staff Member - Wake Tech](https://news.google.com/rss/articles/CBMiXEFVX3lxTE5XV1VCbGdmN1BaTDlxNHBpajRVT1JXdUdEM005a09JSENlZnc2NERpek41eFRocWNNVVU0Q1Rwa050NTREVkpDRVowM3NDRk0zVmlkNmF1cWV2Wk5z?oc=5) · Wake Tech
- 2015-08-27 [The Best Banks to Work For - American Banker](https://news.google.com/rss/articles/CBMigwFBVV95cUxQQ0Iya3pvLVZteXJDVEtsMUdIZlM0bVk3ZWYxSnpvOTh4WU9qT01raHJpb0hoT3dHekFfOVp1LXIzODRUTld1aE5qcXBKUGVYUGxtVGZRS2xBR09zLUljT2lFcHBSQ20zTExZWHlGbDNJZzRIUlhLQUtmcjhEeWcyd0lYNA?oc=5) · American Banker
- 2018-04-17 [TowneBank’s Aston steps back from CEO post - Richmond BizSense](https://news.google.com/rss/articles/CBMigwFBVV95cUxNZHRVdTVOeG4xMExKOVUwUmZ3ZzVGbVlqMUI4S0VuUzlxdWU1bzVEaHhNZkI4NmZFYlhhMHc4YXd1bm56b25RY1JnZ0dGaThYdzRpMktuWXY0dHFGbDF1ZElrU0p3cjJaUGxDNjdkeDV0S0lYemFLTThWbm1FSFpTSFdvcw?oc=5) · Richmond BizSense
- 2012-03-05 [Local bank to be acquired in $40M deal - Richmond BizSense](https://news.google.com/rss/articles/CBMihAFBVV95cUxQc1d1dXFfSXFIREFMMnc5eGNxX0RuRWM1anpFb2JLT0pTNG9IMl9JNmwtNFNrV091dkVqT1NWR3haTEk0Q1ZqdS11ZklJVEFURkVsbGswVEpLanNsVHlFVmhINFQtVmFSYS05MWlpaVdrWExGdlVXZWhZY3kxOXFHWGM4Ykc?oc=5) · Richmond BizSense
- 2017-08-29 [Which Small Bank Has the Biggest ROAE? Read On - American Banker](https://news.google.com/rss/articles/CBMiYkFVX3lxTE5idnlFN1htSVZtYlE1el9KdW9MVjJSbWFSd0kyaUxvMHZ2ZFVIUjZpeExmZUJoenlXV1FNek1JeWN4UlN1RlRJdlFtV1JpYU93Rk41dnVtRnRSWlZGeWlzWEln?oc=5) · American Banker

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=35100 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/28.json (key "35100", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide