Paragon Commercial Bank Names Jim Fielding Chief Credit Officer

Former Senior Vice President And Credit Administrator Responsible For Supervising Credit Activity For Paragon's Clients. End Quote

Raleigh-Durham-Chapel Hill, NC (1888PressRelease) December 06, 2012 - Paragon Commercial Bank (http://www.paragoncommercial.com), North Carolina's first business-only bank, has announced that Jim Fielding has been promoted to chief credit officer for the bank's headquarters in Raleigh. In this position, Fielding is responsible for supervising credit activity for Paragon's clients and managing the bank's existing portfolio. Fielding formerly served as the bank's senior vice president and credit administrator for the past five years.

Prior to joining Paragon, Fielding worked as credit manager at the Seattle Financial Group, where he worked on loans of up to $20 million for real estate projects. Fielding earned his Bachelor of Arts in criminal justice from Central Connecticut University in New Britain.

QUOTES:
"We are excited to name Jim Fielding as chief credit officer," said Bob Hatley, Paragon Commercial Bank president and CEO. "Jim has been very successful since joining our company and we are excited for what he will contribute in his new role."

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 http://www.paragoncommercial.com.

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
jake ( @ ) mmipublicrelations dot com
http://www.twitter.com/MMIPR
http://www.mmipublicrelations.com

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