Paragon News
Paragon National Bank Announces Results for the Second Quarter 2008
Memphis, TN - 8/1/2008
Paragon National Bank announced its second quarter and year-to-date results.
tags: Investor Relations
Paragon Secondary Offering Oversubscribed
Memphis, TN - 7/31/2006
Paragon National Bank announced today that it has closed its secondary offering to raise additional capital and that the Bank’s offering was over-subscribed. Paragon completed the sale of 980,000 shares of its common stock at a price of $12.50 per share.
tags: Investor Relations
Paragon Plans Second Stock Sale
Memphis, TN - 5/17/2006
Paragon National Bank announced today that it has filed a registration statement with the Office of the Comptroller of the Currency for the sale of up to 880,000 shares of its common stock, subject to Paragon’s right to increase the offering by 100,000 shares. Paragon intends to sell the shares for a price of between $12.50 and $13.50 per share. Paragon said that it plans to use the proceeds of the offering to fund future growth and for other general corporate purposes.
tags: Investor Relations
Memphis' Newest Bank Surpasses Capital Goal
Memphis, TN - 12/8/2004
Paragon National Bank (in organization) reached a crucial milestone at 2 p.m. today, surpassing the $15 million mark required by the Comptroller of the Currency for a bank charter.
tags: Investor Relations
Federal Regulators Give Paragon Green Light to Raise Capital
Memphis, TN - 9/30/2004
Paragon National Bank (In Organization) announced today that it received permission from the Office of the Comptroller of the Currency on September 28 to begin its formal offering. With the approval of the bank's offering circular, the organizers are now permitted to raise their equity capital through the sale of the bank's stock.
tags: Investor Relations
Paragon National Bank Reaches Profitability as Scheduled
Memphis, TN - 8/13/2007
Paragon National Bank announced earnings for the second quarter of 2007. Net income for the quarter was $12,104 compared with a loss of ($372,195) for the same period in the prior year.
tags: Investor Relations
Annual Meeting Highlights Paragon's Growth and Accomplishments
Memphis, TN - 5/2/2007
Paragon National Bank held its second annual shareholders’ meeting April 26, 2007, at The Dixon Gallery and Gardens. Shareholders gathered to hear the progress Paragon has made in the past year and plans for 2007.
tags: Investor Relations Shareholders Meeting
Paragon Board Member Thomas Boggs Takes Emeritus Status
Memphis, TN - 2/26/2007
Paragon National Bank announced today that one member of the Board of Directors has accepted emeritus status.
tags: Board of Directors Investor Relations
A Letter to Our Shareholders
Memphis, TN - 8/8/2011
We are pleased to report net income of $215 thousand or $.06 per share for the quarter ended June 30, 2011, which compares very favorably to a net loss of $218 thousand or ($.06) per share for the quarter ended June 30, 2010. Net income was $319 thousand for the first half of 2011 or $.09 per share versus a loss of $836 thousand and ($.23) per share during the same period in 2010. The improvement in our performance can be attributed to increasing the core earnings capacity of Paragon by increasing net interest income, increasing fee income, and reducing expenses.
tags: Investor Relations
Letter to Our Shareholders
Memphis, TN - 12/5/2011
Thank you for your continued support of Paragon National Bank. Without the support of our shareholders, we could not be heading in the positive direction we are today.
tags: Investor Relations