KBRA Assigns Senior Unsecured Debt Rating of BBB for First Paragould Bankshares, Inc.

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) has assigned a senior unsecured debt rating of BBB, subordinated debt rating of BBB-, and short-term debt rating of K3 for Paragould, Arkansas based First Paragould Bankshares, Inc. In addition, KBRA assigned deposit and senior unsecured debt ratings of BBB+, a subordinated debt rating of BBB, and short-term deposit and debt ratings of K2 for its subsidiary, First National Bank (“the Bank”). The Outlook on all long-term ratings is Stabl