Paragon Commercial Bank
Status: | Inactive as of 01/26/2018 |
Absorption - Without Assistance | |
Successor Bank: | TowneBank |
Headquarters: | Paragon Commercial Bank 3535 Glenwood Avenue Raleigh, NC 27612 |
Established: | 05/10/1999 |
FDIC Insurance: | 05/10/1999 |
FDIC Cert: | #35100 |
Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
Total Assets: | $1,763,918,000 |
Total Deposits: | $1,282,131,000 |
History
1999-05-10 | Institution established: Original name:Paragon Commercial Bank | |
2018-01-26 | Merged into and subsequently operated as part of Towne Bank (35095) in PORTSMOUTH, VA | |
2023-01-13 | Acquired Farmers BankTowneBank (2429) in WINDSOR, VA. |