County Bank Corportation (CBNC) was one of our recommendations in a prior article for income oriented investors seeking robust dividend yields coupled with reasonable valuations and moderate growth potential, particularly in industries that may benefit from rising interest rates. In this article, we discuss the company’s merits in greater detail for those interested in a more in depth assessment of the company.
Overview
County Bank Corporation is the holding company for Lakestone Bank and Trust, a fourteen branch community bank primarily serving Lapeer and St. Clair counties in Michigan. The counties cover a