PARAGON BANK
MEMPHIS, TENNESSEE · FDIC Cert #57874
Capital & Safety Analysis
According to FDIC financial data, PARAGON BANK holds a Tier 1 capital ratio of 11.04%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning PARAGON BANK has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
PARAGON BANK shows average financial health. While not alarming, its Health Score of 62/100 suggests some areas could be stronger. Your FDIC-insured deposits (up to $250,000) remain fully protected regardless.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
Frequently Asked Questions
PARAGON BANK has a Bank Health Score of C (62/100). It holds a Tier 1 capital ratio of 11.04%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
PARAGON BANK holds $775M in total assets and $666M in total deposits. It is located in MEMPHIS, TENNESSEE (FDIC Certificate #57874).
PARAGON BANK has a Tier 1 capital ratio of 11.04%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.26%, and the return on assets is 0.74%.
Yes. PARAGON BANK is FDIC-insured (Certificate #57874). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.