Paragon Bank is a bank based in Memphis, Tennessee, established in 2005, with $892 million in total assets across 10 branches. By Trust Grade it ranks 85th of 109 banks we track in Tennessee. Its capital ratio of 8.5% trails most similarly sized banks (21th percentile), versus a Tennessee median of 9.8%. It was profitable over the most recent period, with a 0.91% return on assets. No consumer complaints against Paragon Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Paragon Bank compares to Tennessee peers
How we graded Paragon Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (8.5% capital ratio)
- Profitable (ROA 0.91%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Paragon Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (10)
- 5400 Poplar Ave, Memphis, TN 38119
- 6300 Poplar Ave, Memphis, TN 38119
- 7600 Poplar Ave, Germantown, TN 38138
- 4515 Poplar Ave, Memphis, TN 38117
- 265 N Lamar Blvd, Oxford, MS 38655
- 2970 Clairmont Rd Ne, Atlanta, GA 30329
- 6752 Parker Farm Dr, Wilmington, NC 28405
- 293 Pharr Road, Atlanta, GA 30305
- 2401 South Lamar Boulevard, Oxford, MS 38655
- 1348 Union University Dr, Jackson, TN 38305
Are deposits at Paragon Bank insured?
Yes. Paragon Bank is an FDIC-insured bank (FDIC certificate #57874). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Paragon Bank: frequently asked questions
Is Paragon Bank a good bank?
Paragon Bank earns a Bankzia Trust Grade of A (92/100, "Excellent"), based on a financial-strength score of 92/100 (it has no CFPB complaints on record). Well-capitalized (8.5% capital ratio); Profitable (ROA 0.91%).
Is Paragon Bank FDIC-insured?
Yes. Paragon Bank is a FDIC-insured bank (FDIC certificate #57874). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Paragon Bank?
Paragon Bank holds $892 million in total assets, ranking 85th of 109 banks we track in Tennessee. It operates 10 branches.
Does Paragon Bank have CFPB complaints?
No CFPB complaints against Paragon Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
