We are pleased to announce that Calumet Bank will merge with Colony Bank in 2019. Click here to read the announcement by Colony Bank.
Calumet Bank Names Tracy Van Norman as First Vice President
Calumet Bank is proud to announce that Tracy Van Norman has joined its senior management team in Columbus as First Vice President. Mr. Van Norman will be responsible for managing client relationships and new business for the Bank’s growing commercial lending division.
“I look forward to working closely with Regional President Mike Mann and the entire Calumet team as we honor our vision of being the best provider of financial solutions to families and owner-managed businesses,” said Mr. Van Norman.
Mr. Van Norman is a 34-year banking veteran who joins Calumet from Southern States Bank in Columbus. He specializes in business development and commercial lending, including SBA 7(a) and 504 loans. Van Norman also brings extensive experience in mortgages and consumer lending.
A native of Biloxi, Van Norman attended the University of Southern Mississippi and completed studies at the ABA National Compliance School and the ABA National Commercial Lending School, both at the University of Oklahoma in Norman.
Community-centered Van Norman resides with his wife Beth in LaGrange. He serves as immediate past president of the Rotary Club of North Columbus. He’s also held leadership roles on the board of directors of LaGrange/Troup County Chamber of Commerce, Leadership Troup and Leadership Columbus. When he’s not at Calumet Bank, you can find him on the golf course or training for an upcoming marathon. (He’s a veteran of both the Chicago and New York City marathons.)
Calumet Bank is pleased to announce the opening our first Loan Production Office in the Atlanta market. Calumet Bank has had a presence in the Atlanta market since bringing Weare Gratwick, a seasoned Atlanta commercial banker on board as Regional President in late 2016. The office is located in Atlanta Tech Park, a technology incubator located at 107 Technology Parkway in Peachtree Corners, GA. The facility features a video podcasting studio, private offices, events space and a 100-person auditorium.
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.
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.