Metro Magazine Readers Name Paragon Commercial Bank "Best Bank for a Loan"

North Carolina’s First Business-Only Bank Receives Prestigious “Standing Ovation” Top Prize for Loan Services

Raleigh, NC, July 25, 2012 --( Paragon Commercial Bank (, North Carolina’s first business-only bank, has announced that the company received a “Standing Ovation” in the category of Best Bank for a Loan and an honorable mention in the Best Bank category by Triangle-based Metro Magazine, as part of its annual MetroBravo Awards. The MetroBravo Awards are voted on each year by readers of Metro Magazine, and are based on customer service, popularity and overall experience. The results can be viewed in the July and Aug. issues of Metro Magazine (

“We are honored to be recognized in two categories of the MetroBravo Awards for our banking services, including the ‘Standing Ovation’ for our loan services,” said Bob Hatley, Paragon president and CEO. “This award recognition from Metro Magazine and its readers is tremendously appreciated, and we plan to continue to exceed our clients’ expectations.”

About Paragon Commercial Bank :
Founded in Raleigh, N.C. in 1999, Paragon Commercial Bank is North Carolina’s first business-only bank. Paragon Commercial Bank provides banking products and services tailored exclusively to the needs of middle-market companies with revenues from $2 million to $75 million, their executives and high net worth individuals. The bank’s business focus includes operating companies in a wide range of categories, professional firms and nonprofit organizations. Headquartered in Raleigh, the bank expanded to open a location in Charlotte, N.C. in 2006. For more information, visit

Information in this press release contains "forward-looking statements." These statements involve risks and uncertainties that could cause actual results to differ materially, including without limitation, the effects of future economic conditions, governmental fiscal and monetary policies, legislative and regulatory changes, the risks of changes in interest rates, and the effects of competition.

Jake Potter
MMI Public Relations
(919) 233-6600
Paragon Bank
Patty Briguglio