Calumet Bank is proud to announce the promotion of Tracy Van Norman to the position of Columbus City President. Van Norman joined the Bank in 2017 as a commercial lender, and will now assume the position as market leader for Columbus.
Calumet 10th Birthday!
On January 23, 2008, we opened our doors to the public for the very first time. While our name has changed since that day, the spirit of who we are has not. It has always been about our community, customers, friends and colleagues. We are beyond thankful for your support. Click here to view a short video of our story over the past 10 years. Thank you for being a part of it. We look forward to serving you for years to come.
LBC Bancshares, parent company of Calumet Bank, announced the unaudited financial results for the second quarter of 2018. The company reported net income of $585 thousand, or $0.37 thousand per diluted share, for the second quarter of 2018, compared with $309 thousand, or $0.19 per diluted share for the second quarter 2017. Return on average assets was 1.18% for the second quarter of 2018 as compared to .73% for the second quarter of 2017.
Mike Phillips, Chief Strategy Officer and EVP, recently wrote an article on the importance of management accounting expertise within small and medium-sized enterprises (SMEs). Click here to read the article.
Calumet Bank proudly participated in the campaign ‘Leaving LaGrange Better Than We Found It,’ on Friday, April 20, 2018. Several employees spent the morning picking up trash and debris along Calumet Center Park.
Calumet Bank and THINC College and Career Academy have begun a Student Shadowing Program that will allow THINC students to work alongside Calumet Bank team members on Saturday mornings.