Paragon Commercial Bank

Paragon Commercial Bank is headquartered in Raleigh and is the 17^st largest bank in the state of North Carolina. It is also the 672^nd largest bank in the nation. It was established in 1999 and as of March of 2012, it had grown to 81 employees at 2 locations. Paragon Commercial Bank has a 3-star health rating.

Paragon Commercial Bank Routing Number: 053112288

Data for Q1 2012

Institution Statistics Paragon Commercial Bank FDIC Certificate # 35100 BankRate Report View Year Established 1999 Employees 81 Primary Regulator FDIC Assets and Liabilities Assets $982.66 million Loans $664.06 million Deposits $752.85 million Equity Capital $98.57 million Loan Loss Allowance $11.04 million Unbacked Noncurrent Loans $23.14 million Real Estate Owned $26.73 million Historic Data - March 2011 Assets $1.14 billion Equity Capital $91.41 million Loan Loss Allowance $17.46 million Unbacked Noncurrent Loans $30.34 million Real Estate Owned $33.59 million Profit Margin - Quarterly Net Interest Margin 2.75% Return on Assets 0.45% Return on Equity 4.42% Interest Income $9.77 million

Institution Health Overall Score: 3 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Paragon Commercial Bank had $49.87 million in non-current loans and owned real-estate with $109.61 million in equity and loan loss allowances on hand to cover it. This gives Paragon Commercial Bank a Texas Ratio of 45.49% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Paragon Commercial Bank decreased slightly from 58.72% as of March 31, 2011 to 45.49% as of March 31, 2012, resulting in a positive change of 22.53%.This indicates that the balance sheet and financial strength for Paragon Commercial Bank has improved slightly in recent periods. Deposit Growth In the past year, Paragon Commercial Bank has decreased its total deposits by -$154.43 million, resulting in -17.02% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Paragon Commercial Bank has shown is poor. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Paragon Commercial Bank has $982.66 million in assets with $109.61 million in equity, resulting in a capitalization level of 11.15%, which is above average.

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