Why was Paragon shut down?

BANK OF HOPE 13 BLC Community Bank 29 Citizens Bank of Georgia 6 COMMUNITY Bank OF MS 4 CONWAY National Association National Bank 12 EMIGRANT Bank 9 FIRST Bank CHICAGO 4 First Bank Upper Michigan 4 First Colony Bank of Florida 2 FIRST National Association National Bank OF MIDDLE TN 2 First State Bank & Trust 2 HARFORD Bank 3 NORTHSTAR Bank 17 OAK VIEW National Association National Bank 8 Oklahoma Capital Bank 5 PS Bank 29 R Bank 8 Security State Bank of Hibbing 6 SOUTH ATLANTIC Bank 6 Union State Bank of Hazen 4