PGNN (Paragon Financial Solutions) Total Deposits : $769.30 Mil (As of Dec. 2024)

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What is Paragon Financial Solutions Total Deposits?

Paragon Financial Solutions's annual total deposits increased from Dec. 2022 ($566.17 Mil) to Dec. 2023 ($669.02 Mil) and increased from Dec. 2023 ($669.02 Mil) to Dec. 2024 ($769.30 Mil).

Paragon Financial Solutions Total Deposits Historical Data

The historical data trend for Paragon Financial Solutions's Total Deposits can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Paragon Financial Solutions Total Deposits Chart

Paragon Financial Solutions Annual Data

Trend

Dec06

Dec07

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Deposits

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424.44

479.75

566.17

669.02

769.30

Paragon Financial Solutions Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Deposits	Get a 7-Day Free Trial															669.02	702.09	664.11	708.62	769.30

Paragon Financial Solutions Total Deposits Calculation

Total Deposits that banks' customers have in their accounts. This is an very important source of banks' liquidity.

When banks' customers flood to their banks to take their deposit out, it may be called "Bank Run", which may bring down a bank due to liquidity issues.

Paragon Financial Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Paragon Financial Solutions Inc (OTCPK:PGNN) » Definitions » Total Deposits

Comparable Companies

Traded in Other Exchanges

N/A

Address

5400 Poplar Avenue, Suite 150, Memphis, TN, USA, 38119

Website

https://www.bankparagon.com

Paragon Financial Solutions Inc is a bank that provides financial services to its customers in Tennessee; Mississippi; Georgia; and North Carolina. Its primary deposit products are checking, savings, and term certificate accounts, and its primary lending products are residential mortgage, commercial, and installment loans. Substantially all loans are secured by specific items of collateral including business assets, consumer assets, and commercial and residential real estate.

Paragon Financial Solutions Headlines

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