Why SMEs Need Management Accountants

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.

Recent News at Calumet

Recent News

LBC Bancshares Reports Second Quarter 2018 Financial Results

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.


Why SMEs Need Management Accountants

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.


Leaving LaGrange Better Than We Found It

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 Form Student Shadow Program

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.


Faster Payments: The Impact For Small Businesses

Another great article from Calumet Bank’s Mike Phillips, Chief Strategy Officer and EVP. Click here to see how Faster Payments may impact your small business.