PARAGON COMMERCIAL CORPORATION (NASDAQ:PBNC) Files An 8-K Results of Operations and Financial ConditionItem 2.02
Results of Operations and Financial Condition.
On October 26, 2017, Paragon Commercial Corporation issued a press release announcing its financial results for the three and nine months ended September 30, 2017. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein in its entirety by reference.
to General Instruction B.2 of Current Report on Form 8-K, the information contained in, or incorporated into, Item 2.02, including the press release attached as Exhibit 99.1, is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any registration statement or other filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference to such filing.
Item 9.01
Financial Statements and Exhibits.
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Exhibit No. |
Description of Exhibit |
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Press release dated October 26, 2017 |
Paragon Commercial CORP ExhibitEX-99.1 2 pbnc_ex991.htm PRESS RELEASE Blueprint Exhibit 99.1 NEWS RELEASE Paragon Commercial Corporation Reports 21% Increase in Net Income for the Third Quarter of 2017 Highlights: ■ Third quarter 2017 net income of $4.2 million,…To view the full exhibit click here
About PARAGON COMMERCIAL CORPORATION (NASDAQ:PBNC)
Paragon Commercial Corporation is a bank holding company for Paragon Bank (the Bank). The Bank is engaged in general commercial banking in Wake and Mecklenburg Counties, North California. The Bank offers private banking and commercial banking services. Its private banking services include deposit services, such as debit cards and safe deposit boxes. Its commercial banking services include deposit services, such as business checking, nonprofit checking and business money market; courier service; remote deposit capture; merchant services; zero balance accounts; cash vault/deposit service, and account management services, such as automated sweeps and reconciliation. It also offers mobile and online banking services. Its borrowing services include commercial loans and lines, corporate credit cards and home purchase/refinance. It also offers wealth management and investment services.
