← The catalogue
Q2 2026 · read from the 30 June 2026 Call Report · United States · South Central · Tennessee, the state note

Paragon Bank

Memphis, Tennessee · $908M in assets · beside the 11 other Tennessee banks between $300M and $1B

The filing

107.1%
Loans / deposits
12th of 12
8.5%
Equity / assets
11th of 12
0.89%
ROA
10th of 12

Paragon Bank is the seventh largest of the 12 Tennessee banks nearest its size between $300M and $1B, with $908M in assets at 30 June 2026. Loans are 107.1% of deposits, the highest in the cohort against a median of 86.3%, and equity is 8.5% of assets, 11th of 12. Loans grew +9.0% in the year, 7th of 12, and deposits fell 1.8%; the cohort's median loan growth is +9.4%.

Noncurrent loans are 0.18% of the book, 7th of 12 against a median of 0.15%; 0.07% is 30 to 89 days past due, and the allowance covers them 5.1 times. Net charge-offs are 0.18% of loans, 9th of 12. Commercial real estate is 33.9% of loans, 4th of 12 against a median of 37.3%, and 321% of capital, above the 300% screen, with construction at 172% against the 100% screen. CRE has grown +55.6% over 36 months, past the guidance's 50% prong.

Return on assets is 0.89%, 10th of 12 against a median of 1.15%, on an efficiency ratio of 71.6%, 10th of 12. Five years ago it was 0.86%. The question is what the concentration does under a commercial real estate stress, and how much of it is owner-occupied (owner-occupied nonresidential is 10.9% of loans).

Loans as a share of depositsTN banks $300M to $1B · 30 June 2026 · lower is stronger, listed first
median 86.3% CB Citizens Bank 65.2% MB Macon Bank & Trust Co. 68.4% FB Farmers Bank 78.6% TS Tennessee State Bank 81.1% LB Legends Bank 81.3% MB Millennium Bank 85.7% FC First Commerce Bank 87.0% FN First National Bank of Middle Tennessee 95.6% FF First Freedom Bank 96.9% FC First Century Bank 97.9% FC First Community Bank of Tennessee 100.8% PB Paragon Bank 107.1%
Loans, year over yearTN banks $300M to $1B · 30 June 2026 · no better direction, largest first
median +9.4% MB Millennium Bank +47.9% MB Macon Bank & Trust Co. +16.9% FC First Community Bank of Tennessee +15.0% FF First Freedom Bank +11.5% FN First National Bank of Middle Tennessee +10.4% FC First Century Bank +9.8% PB Paragon Bank +9.0% FC First Commerce Bank +8.7% TS Tennessee State Bank +8.0% CB Citizens Bank +6.7% LB Legends Bank +6.5% FB Farmers Bank +5.3%

SBA 7(a), FY2008 to FY2026

Paragon Bank is the 51st largest 7(a) lender into Georgia of 409, with $91M across 93 loans, 0.5% of everything approved in the state (Metro City Bank leads with $1.91B). 130 of its 169 markets have had no approvals since before FY2023: an absence in the record, not a stated withdrawal.

Where it lends in Georgia, and where it has gone quietshare movement, FY2023 to FY2025 against FY2020 to FY2022; outlined counties are on the book
Gaining shareLosing shareFlatGone quiet: nothing since FY2023Too thin to read a directionNo record
Every market on the book, largest firstrank and share among every lender in the county, FY2008 to FY2026
CountyApprovedRankShareTrend
Fulton, GA$23M34th of 2110.7%-0.2 pts
Shelby, TN$23M10th of 1392.9%+4.5 pts
Cobb, GA$13M38th of 1820.7%-0.3 pts
Saint Johns, FL$7M19th of 1131.3%+1.5 pts
Cherokee, GA$7M28th of 1171.2%-0.0 pts
Denton, TX$6M66th of 2240.3%-1.0 pts
El Paso, CO$6M42nd of 1640.5%thin
Fairfax, VA$6M40th of 1690.5%quiet FY2018
Dekalb, GA$6M59th of 1510.4%thin
Forsyth, GA$6M36th of 1200.8%thin
Middlesex, MA$5M51st of 1900.4%quiet FY2018
Wilson, TN$5M8th of 604.2%quiet FY2020
Rutherford, TN$5M16th of 862.0%thin
156 smaller markets not shown.
What it lends to: the five largest industries on the bookshare of book is concentration; share of sector and rank are position, among every 7(a) lender nationally
IndustryLoansApprovedShare of bookShare of sectorRank
Accommodation & food services116$92M28.4%0.12%151st of 2,596
Health care & social assistance41$74M23.0%0.16%95th of 2,172
Other services58$39M12.1%0.11%150th of 2,248
Arts, entertainment & recreation47$27M8.4%0.19%95th of 1,656
Agriculture, forestry & fishing12$16M5.1%0.20%60th of 1,007
7(a) lenders into Georgia, share of approvals since FY2008409 lenders on record; the ten largest and Paragon Bank
MC Metro City Bank 9.6% $1.91B · 1,541 loans LO Live Oak Banking Company 4.9% $963M · 746 loans TH The Huntington National Bank 4.2% $835M · 1,424 loans AB Ameris Bank 4.0% $792M · 980 loans SB Southstate Bank, National Associa… 3.3% $661M · 785 loans TB Truist Bank 3.3% $654M · 1,625 loans PB Pinnacle Bank 3.1% $618M · 592 loans RB Renasant Bank 3.0% $597M · 783 loans HB Hometrust Bank 2.6% $515M · 441 loans WF Wells Fargo Bank National Associa… 2.5% $500M · 2,514 loans PB Paragon Bank 0.5% $91M · 93 loans

Commercial real estate against capital

Commercial real estate concentrationthe 2006 interagency screens against total risk-based capital; Tier 1 stands in for the 5 CBLR filers; owner-occupied excluded; bold marks a screen met
Paragon BankRankCohort median
Total CRE against capital, the 300% screen321%9th of 12261%
Construction against capital, the 100% screen172%12th of 12105%
Construction and land development, share of loans18.2%10th of 1215.1%
Non-owner-occupied nonfarm nonresidential, share of loans13.4%4th of 1215.6%
Total CRE, the guidance definition, share of loans33.9%4th of 1237.3%
CRE growth over 36 months, the third prong+55.6%11th of 12+32.8%

Among its peers

Where it sits among its peersnavy: the stronger half of each column; amber: the weaker; darker at the ends
InstitutionAssetsROAEfficiencyNPA / loansNet charge-offsAllowance / loansLoans / depositsEquity / assets
Tennessee State Bank$991M1.2%70.1%0.11%0.04%1.1%81.1%8.6%
First National Bank of Middle Tennessee$952M1.0%66.1%0.22%0.24%1.0%95.6%9.8%
First Community Bank of Tennessee$944M0.7%92.1%0.75%0.20%0.5%100.8%9.4%
Farmers Bank$943M1.6%56.3%0.53%0.10%1.2%78.6%13.8%
First Commerce Bank$935M1.9%47.4%0.08%0.04%0.9%87.0%10.5%
Legends Bank$928M1.0%67.4%0.00%0.00%1.1%81.3%9.6%
Paragon Bank$908M0.9%71.6%0.18%0.18%0.9%107.1%8.5%
Citizens Bank$832M2.0%28.3%0.62%0.01%1.2%65.2%13.4%
Macon Bank & Trust Co.$821M1.1%56.5%0.08%0.02%0.9%68.4%7.5%
First Freedom Bank$818M2.0%42.6%0.01%0.13%1.1%96.9%12.2%
First Century Bank$810M1.7%47.7%0.07%0.01%1.1%97.9%9.2%
Millennium Bank$781M-0.6%81.4%0.68%1.86%1.2%85.7%8.6%
Five years, 2021 to 2026same quarter, five years apart; dollars as growth, ratios in points
Paragon BankCohort median
20212026Change20212026Change
Loans$392M$820M+109%$414M$698M+68%
Deposits$421M$765M+82%$503M$758M+51%
NPA / loans0.57%0.18%-0.38 pts0.32%0.15%-0.17 pts
Efficiency66.0%71.6%+5.6 pts63.2%61.3%-1.9 pts
ROA0.86%0.89%+0.03 pts1.37%1.15%-0.22 pts

This read was prepared for Paragon Bank's board and management from the public record, and is one slice of what Lynx builds for any bank from its own filing: the peer cohort, the capital, liquidity and rate models with the assumptions the institution sets, and a summary report of twenty sections for the board.

The full pack on Paragon Bank is prepared on request, and thirty days on the institution's own numbers are open to anyone at the bank.

Ask for the pack

Prepared 7 September 2026
Filing 30 June 2026
Cohort TN banks $300M to $1B
Institution www.bankparagon.com

Public record only: FFIEC Call Report, 30 June 2026; FDIC data; cohort by state and asset band; SBA 7(a) FOIA release as of the 2026 file, loans credited to the institution holding them today. Computed from the institution's own Call Report and its peers' as published; no estimate, no adjustment; not a rating, not an audited statement and not a supervisory judgement.
← Back to the catalogue