# PARAGON BANK
MEMPHIS, TN · FDIC certificate 57874 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. Composite score 3 (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 | $908.1M | |
| Deposits | $765.3M | |
| Loans and leases | $819.6M | |
| Total equity | $76.9M | |
| Loans / deposits | 106.09% (p95 of band) | 82.04% |
| Liquid assets / assets | 6.42% (p1 of band) | |
| Uninsured deposits / deposits | 22.69% (p39 of band) | 25.97% |
| Brokered deposits | 7.80% | |
| Wholesale funding | 13.73% (p85 of band) | |
| FHLB advances / assets | 5.73% | |
| Tier 1 leverage | 8.67% (p8 of band) | 10.81% |
| Unrealized securities loss / equity | -4.09% (p67 of band) | -8.10% |
| AOCI / equity | -0.26% (p55 of band) | |
| ROA (annualized) | 0.90% (p27 of band) | 1.28% |
| Net interest margin | 4.00% (p55 of band) | 3.91% |
| Efficiency ratio | 71.63% (p76 of band) | |
| Noncurrent loans | 0.18% (p32 of band) | 0.43% |
| Net charge-offs (annualized) | 0.16% (p89 of band) | |
| Reserve coverage of noncurrent | 506.49% | |
| Real estate % of loans | 77% | |
| Construction % of loans | 193.90% (p99 of band) | |
| Auto loans | $1.7M (0.20% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | -1.8% | |
| Employees | 122 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **liquid assets <10%** (`liq_thin`)
- **construction >100% equity** (`conc_construction`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 3 | brokered >10%, wholesale funding >15%, reserve under noncurrent |  |
| 2011-06 | 3 |  |  |
| 2011-09 | 4 | noncurrent p90 |  |
| 2011-12 | 3 |  | wholesale funding >15% |
| 2012-03 | 5 | wholesale funding >15%, uninsured deposits leaving |  |
| 2012-06 | 4 |  | wholesale funding >15% |
| 2012-09 | 3 |  | brokered >10% |
| 2012-12 | 4 | charge-offs p90 |  |
| 2013-03 | 2 |  | uninsured deposits leaving, charge-offs p90 |
| 2013-06 | 1 |  | noncurrent p90 |
| 2013-09 | 2 | capital falling |  |
| 2013-12 | 1 |  | capital falling |
| 2014-03 | 1 |  |  |
| 2014-06 | 2 | wholesale funding >15% |  |
| 2014-09 | 0 |  | reserve under noncurrent, wholesale funding >15% |
| 2014-12 | 0 |  |  |
| 2015-03 | 3 | losing money, expense ratio p90, reserve under noncurrent |  |
| 2015-06 | 3 |  |  |
| 2015-09 | 3 | capital falling | reserve under noncurrent |
| 2015-12 | 2 |  | losing money |
| 2016-03 | 1 |  | expense ratio p90 |
| 2016-06 | 2 | loans exceed deposits, wholesale funding >15% | capital falling |
| 2016-09 | 1 |  | wholesale funding >15% |
| 2016-12 | 2 | wholesale funding >15% |  |
| 2017-03 | 3 | brokered >10%, capital falling | loans exceed deposits |
| 2017-06 | 3 | loans exceed deposits | capital falling |
| 2017-09 | 3 |  |  |
| 2017-12 | 3 |  |  |
| 2018-03 | 5 | capital falling, charge-offs p90, reserve under noncurrent | loans exceed deposits |
| 2018-06 | 3 |  | capital falling, reserve under noncurrent |
| 2018-09 | 4 | reserve under noncurrent |  |
| 2018-12 | 3 |  | reserve under noncurrent |
| 2019-03 | 3 | reserve under noncurrent | charge-offs p90 |
| 2019-06 | 4 | charge-offs p90 |  |
| 2019-09 | 2 |  | reserve under noncurrent, charge-offs p90 |
| 2019-12 | 3 | charge-offs p90, reserve under noncurrent | wholesale funding >15% |
| 2020-03 | 3 | wholesale funding >15% | charge-offs p90 |
| 2020-06 | 2 |  | reserve under noncurrent |
| 2020-09 | 1 | loans exceed deposits | brokered >10%, wholesale funding >15% |
| 2020-12 | 0 |  | loans exceed deposits |
| 2021-03 | 0 |  |  |
| 2021-06 | 0 |  |  |
| 2021-09 | 0 |  |  |
| 2021-12 | 1 | capital falling |  |
| 2022-03 | 2 | expense ratio p90 |  |
| 2022-06 | 3 | charge-offs p90, construction >100% equity | expense ratio p90 |
| 2022-09 | 3 | wholesale funding >15% | charge-offs p90 |
| 2022-12 | 4 | brokered >10% |  |
| 2023-03 | 4 |  |  |
| 2023-06 | 3 |  | capital falling |
| 2023-09 | 3 |  |  |
| 2023-12 | 4 | liquid assets <10% |  |
| 2024-03 | 3 |  | liquid assets <10% |
| 2024-06 | 5 | loans exceed deposits, liquid assets <10% |  |
| 2024-09 | 5 |  |  |
| 2024-12 | 6 | capital falling |  |
| 2025-03 | 6 |  |  |
| 2025-06 | 3 |  | wholesale funding >15%, loans exceed deposits, capital falling |
| 2025-09 | 3 |  |  |
| 2025-12 | 3 | loans exceed deposits | brokered >10% |
| 2026-03 | 3 |  |  |
| 2026-06 | 3 |  |  |

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

- 2026-07-15 [Memphis bank promotes new leaders for its two largest divisions - The Business Journals](https://news.google.com/rss/articles/CBMipgFBVV95cUxQLXlyTjMxdlkwMUJ1cFBEUjlJTzBCMlQxUFNCWjlQTzRVRzR3VWVPOVYwOGxoUW1TVDEyOTJMVHd6ZlBYbEhpZ1QwX3pEN3l4eHFZT2pWaXlfT2NNQy1jMmp3Umh4VTc2YzEtbEhwTVdMMURfMlU4ZjFIYnZSaEwxRVR3eXZJbEc4WmlPTmJCWEVvdEtSajlkNzJaZEVEMEdTemg0Ui1R?oc=5) · The Business Journals
- 2026-08-01 [Paragon reports earnings strength - The Oxford Eagle](https://news.google.com/rss/articles/CBMieEFVX3lxTE9yUDZ5bjVCdzc0YXVhSHNRbGU1c2xKS3dEY0Y0dkVjOFVJSXhkSWdBXzFELVNSeV80NXJ0SFRqNWJMa3MtMTBGLWp0UDJVNURHNzkySTliNGZNRVBsTmp3T2hXUFRYVlhsU01nSjBYOXU0WGlkYzRfeg?oc=5) · The Oxford Eagle
- 2026-07-27 [Paragon Financial Solutions Declares Cash Dividend - TradingView](https://news.google.com/rss/articles/CBMisAFBVV95cUxPNXp0WmE3TGtTOVA1MFI3MmdDTlNUYXdTbXRQcVZhYURtbVlNSG1hNTc3MTd0cm0tS0JnMUNVRjJDNWR3aGVmcmJMeGdmckRuRDlSVGU4OUpzdzd5cFZrSk5uX3V2NXFISnlKVFlYWGFzQTVHUzY0c3llN0lTZ1lGRm1MZXpOcURnQmxnNV80aWVoT1VicUdGVVRYUkhRdDNROGpidVloSWNIbnRTUGpiQQ?oc=5) · TradingView
- 2026-07-27 [Paragon Bank Parent Reports $3.9M Income Alongside $0.50 Payout - Stock Titan](https://news.google.com/rss/articles/CBMinAFBVV95cUxNTkVLSEExaUoxMmNYUHB4bk0ydjdNSlBPV3FrMUdxR25MaUxVMXFkTTZRLV9MRk44MnpUWXpLcjhuNnNOa1hILUQtampVdzhrRERmZnZ3TXJwUzFBZEZDc2djOTQyOFhWaURlaE9LNFBmLWQ1V2xsaExSLU9DU0ltc3FOLW5zUGJWcjRVWlo5akVUc2tCUEdFVmk4U3o?oc=5) · Stock Titan
- 2026-01-08 [Citizens Bank named Tennessee-based lender of the year - Elizabethton Star](https://news.google.com/rss/articles/CBMilgFBVV95cUxOcmJnUng5dkczMzYzT2tDZmNhR0xRblV3ZlY0TlFhLXBiRm5oUEc5eXQxVlNfeEVtZ1hkMlVwWUtrOVQtZXBVU2ZNUUJlNzUwVVAyVWNhZWRENFRSWWNadnEwRDdac1lZMG5GR3VJUUROam1CTTdPc2lLTXhocHpoOXlnWG05MVlpYWpHY2tLSUx1ekEtclE?oc=5) · Elizabethton Star
- 2025-11-12 [The top 20: These are the 2025 Best Banks to Work For - American Banker](https://news.google.com/rss/articles/CBMikgFBVV95cUxPd3BwbUFiYnpleDVsalJSNG5TSkU3X0JJVF9LUFFEMHIxN3ZmOFdXdmljQ0xGRi0wUHdaUGw2eUVtOUxmVWpLYnVrR21UaWlVRnN4b3dkWVdBbWR3cjlwNXlvU2J0ck5QbFdsMFEyMHphRUZmOHJ3bG16aVhkWnhKZWxHWUtqUjRsdm5RN1RodUU2dw?oc=5) · American Banker
- 2019-11-23 [Aggravated Robbery Paragon Bank 4515 Poplar Report #1911009874ME - facebook.com](https://news.google.com/rss/articles/CBMi0wFBVV95cUxPbnc0blY5MFJzRm5fUkhUWjBJdS1rSlR5TllZeHFqR3BOUS1zUS1sa0xuc29jR3VpdHczMDlOSXc3RE5CTnFVR2dWYmRqdHpucmM4TVQwUVNrZmFoMXR3b3V5ejBaWXpsWnVOZWtRWWtISHNROTNXbnNuUElYQmVnaUp2emh1cUc5eE80T25IZi1iTHczV2lZNFpjeDdISFRrOUNrTlF2eGsyNHhneVZVZEh5d1c5SF9QbmI3WGJLWlU0WHNXWFoyM3RYdlRiVU1wVkNr?oc=5) · facebook.com
- 2016-06-13 [Paragon’s IPO may mark 6-bagger for original investors - Business North Carolina](https://news.google.com/rss/articles/CBMifkFVX3lxTE02ZjNDN21hN0NKTjVfZldWSDRScHlYUWFoa0pSc1d6UFk2ampLYXZKR2Q4M0wzaU0xc2dNdjF6X3BzbndDbHdNRnk2aWs5RFdCUFZWNU1YYThmSzFNVVl2dzBqVUYwTXRJWFVlZUZPU3BPbG4xWXNCam5uZEVKQQ?oc=5) · Business North Carolina

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=57874 (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/18.json (key "57874", 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