It is not a secret that we love community banks, especially the undervalued ones! The community bank sector offers a lot of attractively valued, capital heavy banks that pay a nice dividend. So today, we have another high-yielding, community bank based in Michigan that we are going to review: Isabella Bank Corporation (ISBA).
Isabella Bank was founded in 1903 and operates in the state of Michigan. The company offers a full suite of products, similar to most community banks, and has 30 locations across the state.
ISBA Financial Performance Review
The company released