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Paragon Bank Promotes Kimberly Montgomery to Vice President

Bookmark and Share Raleigh,NC - May 19, 2016 -

Paragon Bank (OTCQX: PBNC) announces the promotion of Kimberly Montgomery to vice president.

Kimberly Montgomery, a native of Durham, holds a Bachelor of Arts in psychology from the University of North Carolina at Greensboro and an MBA from Queens University. She has been in the financial industry for more than 30 years. In her current role as a commercial real estate analyst, she performs key duties supporting the success of the commercial real estate lending and sales departments. Montgomery enjoys living in Durham with her husband, with whom she shares an adult daughter.

QUOTE:

“Kimberly’s extensive experience makes her a valuable asset to our commercial real estate business,” said Brian K. Reid, Triangle market president of Paragon Bank. “Kimberly possesses a deep knowledge and understanding of the bank’s goals and is dedicated to providing an extraordinary client experience to clients.”

ABOUT PARAGON BANK:

Founded in Raleigh, North Carolina, in 1999, Paragon Bank, with assets of $1.3 billion, provides a private banking experience to businesses, professionals, executives, entrepreneurs and other individuals. Paragon’s commitment to an extraordinary client experience is built on the philosophy that clients deserve well prepared bankers who are present and fully available, and proactive about helping clients achieve their goals. Banking services are provided through highly responsive professionals, an extensive courier service, online and mobile technologies, free worldwide ATM access, and a select number of strategically placed offices in Raleigh, Charlotte and Cary, North Carolina. Paragon Commercial Corporation shares trade on the OTCQX Market under the symbol PBNC. For more information, visit http://ParagonBank.com.

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