Q1 2025 · 13F-HR
BANC FUNDS CO LLCholdings as filed
Filed 2025-05-14 · accession 0001029311-25-000006
$758.5M
Reported value
118
Positions
2025-03-31
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 913290102 | UNTY | Unity Bancorp, Inc. | $24.6M | 3.25% | 604,944 | Common | SOLE |
| 843878307 | SSBK | Southern States Bancshares, Inc. | $23.7M | 3.13% | 663,484 | Common | SOLE |
| 02475L105 | AMBZ | American Business Bank | $21.5M | 2.83% | 481,822 | Common | SOLE |
| 680277100 | OSBC | Old Second Bancorp, Inc. | $21.4M | 2.82% | 1,284,578 | Common | SOLE |
| 74274F100 | PBAM | Private Bancorp of America, Inc. | $19.6M | 2.59% | 358,352 | Common | SOLE |
| 31931U102 | FRBA | First Bank | $17.8M | 2.35% | 1,203,049 | Common | SOLE |
| 84252A106 | BCAL | California BanCorp. | $16.9M | 2.23% | 1,181,878 | Common | SOLE |
| 31788B108 | FNBT | FineMark Holdings, Inc. | $16.9M | 2.23% | 650,172 | Common | SOLE |
| 952170108 | WCCB | West Coast Community Bancorp | $16.8M | 2.21% | 427,642 | Common | SOLE |
| 05368J103 | AVBH | Avidbank Holdings, Inc. | $16.6M | 2.19% | 735,277 | Common | SOLE |
| 74167B109 | FRST | Primis Financial Corporation | $15.6M | 2.06% | 1,601,360 | Common | SOLE |
| 58844R108 | MBIN | Merchants Bancorp | $14.3M | 1.88% | 385,915 | Common | SOLE |
| 05990K106 | BANC | Banc of California, Inc. | $14.0M | 1.85% | 986,629 | Common | SOLE |
| 704699107 | PGC | Peapack-Gladstone Financial Corporation | $13.4M | 1.77% | 473,399 | Common | SOLE |
| 88224Q107 | TCBI | Texas Capital Bancshares, Inc. | $13.4M | 1.76% | 179,205 | Common | SOLE |
| 591774104 | MCB | Metropolitan Bank Holding Corp. | $13.0M | 1.71% | 232,254 | Common | SOLE |
| 319390100 | FBIZ | First Business Financial Services, Inc. | $12.9M | 1.71% | 274,277 | Common | SOLE |
| 33751L105 | MYFW | First Western Financial, Inc. | $12.5M | 1.65% | 636,177 | Common | SOLE |
| 20786W107 | CNOB | ConnectOne Bancorp, Inc. | $11.5M | 1.52% | 475,086 | Common | SOLE |
| 19623P101 | CBAN | Colony Bankcorp Inc. | $11.3M | 1.49% | 700,359 | Common | SOLE |
| 89679E300 | TFIN | Triumph Bancorp, Inc. | $11.1M | 1.47% | 192,394 | Common | SOLE |
| 56064Y100 | MNSB | MainStreet Bancshares, Inc. | $10.9M | 1.44% | 651,014 | Common | SOLE |
| 59540G107 | MPB | Mid Penn Bank | $10.7M | 1.41% | 412,552 | Common | SOLE |
| 624004107 | MCBI | Mountain Commerce Bancorp | $10.4M | 1.37% | 512,310 | Common | SOLE |
| 68417L107 | OBT | Orange County Bancorp, Inc. | $10.1M | 1.34% | 433,632 | Common | SOLE |
| 020810107 | ALPIB | Alpine Banks of Colorado | $10.0M | 1.32% | 322,498 | Common | SOLE |
| 12326C105 | BFST | Business First Bancshares, Inc. | $9.9M | 1.31% | 408,145 | Common | SOLE |
| 842873101 | SFST | Southern First Bancshares, Inc. | $9.9M | 1.30% | 299,920 | Common | SOLE |
| 74179A107 | BPRN | Princeton Bancorp, Inc. | $9.6M | 1.27% | 315,428 | Common | SOLE |
| 58958P104 | MRBK | Meridian Bank | $9.5M | 1.25% | 659,104 | Common | SOLE |
| 320557101 | INBK | First Internet Bancorp | $9.4M | 1.24% | 350,296 | Common | SOLE |
| 587376104 | MBWM | Mercantile Bank Corporation | $9.4M | 1.23% | 215,452 | Common | SOLE |
| 319383204 | BUSE | First Busey Corporation | $9.3M | 1.23% | 430,929 | Common | SOLE |
| 83190L208 | SMBK | SmartFinancial, Inc. | $9.2M | 1.21% | 294,911 | Common | SOLE |
| 46134L105 | ISTR | Investar Holding Corporation | $9.0M | 1.19% | 510,906 | Common | SOLE |
| 335925103 | FNRN | First Northern Community Bancorp | $9.0M | 1.18% | 882,564 | Common | SOLE |
| 88422P109 | TCBX | Third Coast Bancshares | $9.0M | 1.18% | 268,649 | Common | SOLE |
| 126128107 | CCNE | CNB Financial Corporation | $8.9M | 1.18% | 401,776 | Common | SOLE |
| 170386106 | COFS | ChoiceOne Financial Services, Inc. | $8.7M | 1.15% | 303,381 | Common | SOLE |
| 01446U103 | ALRS | Alerus Financial Corporation | $8.3M | 1.10% | 451,641 | Common | SOLE |
| 095825105 | BRBS | Blue Ridge Bankshares, Inc. | $8.2M | 1.08% | 2,506,902 | Common | SOLE |
| 923451108 | VBTX | Veritex Holdings, Inc. | $7.1M | 0.93% | 283,100 | Common | SOLE |
| 76803X106 | RCBC | River City Bank | $6.9M | 0.92% | 19,837 | Common | SOLE |
| 33767U107 | FSUN | FirstSun Capital Bancorp | $6.8M | 0.89% | 187,705 | Common | SOLE |
| 32026V104 | FFWM | First Foundation Inc. | $6.8M | 0.89% | 1,306,054 | Common | SOLE |
| 174903104 | CZWI | Citizens Community Bancorp, Inc. | $6.7M | 0.89% | 468,742 | Common | SOLE |
| 06652N107 | BSVN | Bank7 Corp | $6.7M | 0.88% | 171,836 | Common | SOLE |
| 90944R100 | UBAB | United Bancorporation of Alabama, Inc. | $5.9M | 0.78% | 110,813 | Common | SOLE |
| 825107105 | SHBI | Shore Bancshares, Inc. | $5.5M | 0.72% | 403,809 | Common | SOLE |
| 19058X207 | COSO | CoastalSouth Bancshares, Inc. | $5.4M | 0.71% | 254,557 | Common | SOLE |
| 686040205 | ORPB | Oregon Pacific Bancorp | $5.1M | 0.68% | 644,986 | Common | SOLE |
| 911460103 | UBFO | United Security Bankshares | $4.9M | 0.64% | 545,672 | Common | SOLE |
| 107015109 | — | Bremer Financial Corporation | $4.8M | 0.63% | 41,667 | Common | SOLE |
| 06654A103 | BWFG | Bankwell Financial Group, Inc. | $4.8M | 0.63% | 159,377 | Common | SOLE |
| 83636T104 | SABK | South Atlantic Bancshares, Inc. | $4.7M | 0.62% | 308,952 | Common | SOLE |
| 20370L103 | CMHF | Community Heritage Financial Inc. | $4.7M | 0.62% | 191,558 | Common | SOLE |
| 33615Q100 | FSRL | First Reliance Bancshares, Inc. | $4.7M | 0.62% | 495,884 | Common | SOLE |
| 345526107 | FGFH | Foresight Financial Group, Inc. | $4.5M | 0.60% | 142,598 | Common | SOLE |
| 69360N108 | PSBQ | PSB Holdings, Inc. | $4.5M | 0.59% | 175,973 | Common | SOLE |
| 293668109 | — | Enterprise Bancorp, Inc. | $4.4M | 0.58% | 112,158 | Common | SOLE |
| 864001102 | STBK | Studio Bank | $4.4M | 0.58% | 409,215 | Common | SOLE |
| 82620P102 | BSRR | Sierra Bancorp | $4.3M | 0.57% | 153,831 | Common | SOLE |
| 02933K103 | ARBV | American Riviera Bancorp | $4.3M | 0.56% | 222,152 | Common | SOLE |
| 53578P105 | LNKB | LinkBancorp | $4.2M | 0.56% | 623,533 | Common | SOLE |
| 410710206 | — | Hanover Bancorp Inc. | $4.2M | 0.56% | 192,329 | Common | SOLE |
| 190435107 | CCNB | Coastal Carolina Bancshares, Inc. | $4.1M | 0.53% | 357,232 | Common | SOLE |
| 866264203 | SSBI | Summit State Bank | $4.0M | 0.52% | 429,395 | Common | SOLE |
| 96445A108 | WRIV | White River Bancshares Company | $3.9M | 0.52% | 99,000 | Common | SOLE |
| 31941G101 | FCPB | First Capital Bancshares, Inc. | $3.7M | 0.49% | 368,316 | Common | SOLE |
| 33830T103 | FSBC | Five Star Bancorp | $3.5M | 0.46% | 124,919 | Common | SOLE |
| 023576101 | AMTB | Amerant Bancorp Inc. | $3.4M | 0.45% | 165,000 | Common | SOLE |
| 844647107 | SOUB | SouthPoint Bancshares, Inc. | $3.4M | 0.44% | 118,564 | Common | SOLE |
| 124411109 | BY | Byline Bancorp, Inc. | $3.2M | 0.42% | 121,612 | Common | SOLE |
| 36120Q101 | FVCB | FVCBankcorp Inc. | $2.8M | 0.38% | 269,121 | Common | SOLE |
| 86603R100 | SBKO | Summit Bank Group, Inc. | $2.8M | 0.37% | 190,501 | Common | SOLE |
| 90355N101 | USCB | USCB Financial Holdings Inc. | $2.8M | 0.37% | 149,230 | Common | SOLE |
| 25432X102 | DCOM | Dime Community Bancshares, Inc. | $2.7M | 0.36% | 97,948 | Common | SOLE |
| 386441109 | GNRV | Grand River Commerce, Inc. | $2.7M | 0.35% | 675,014 | Common | SOLE |
| 317585404 | FISI | Financial Institutions, Inc. | $2.6M | 0.34% | 104,000 | Common | SOLE |
| 588538108 | MFGI | Merchants Financial Group, Inc. | $2.5M | 0.33% | 103,777 | Common | SOLE |
| 74164R107 | PMHG | Prime Meridian Holding Company | $2.5M | 0.33% | 90,128 | Common | SOLE |
| 07279B104 | BAFN | BayFirst Financial Corp. | $2.5M | 0.33% | 150,272 | Common | SOLE |
| 095613105 | BLHK | Blueharbor Bank | $2.5M | 0.32% | 106,602 | Common | SOLE |
| 85917W102 | SBTEUR | Sterling Bancorp, Inc. | $2.4M | 0.32% | 502,061 | Common | SOLE |
| 084680107 | BBT | Berkshire Hills Bancorp | $2.2M | 0.30% | 86,206 | Common | SOLE |
| 20051D107 | CBWA | Commencement Bancorp, Inc. | $2.1M | 0.28% | 165,960 | Common | SOLE |
| 26951R104 | EFSI | Eagle Financial Services Inc. | $2.1M | 0.28% | 65,000 | Common | SOLE |
| 30325F101 | FSBH | FSBH Corp | $2.1M | 0.28% | 234,250 | Common | SOLE |
| 895364107 | TRCY | Tri City Bankshares Corporation | $2.1M | 0.28% | 152,041 | Common | SOLE |
| 05970V106 | BCTF | Bancorp 34, Inc. | $2.1M | 0.27% | 162,857 | Common | SOLE |
| 32106V107 | FXNC | First National Corporation | $2.1M | 0.27% | 92,385 | Common | SOLE |
| 319835104 | FCCO | First Community Corporation | $2.1M | 0.27% | 91,645 | Common | SOLE |
| 553810102 | MVBF | MVB Financial Corp. | $1.9M | 0.25% | 109,189 | Common | SOLE |
| 60520E104 | MVLY | Mission Valley Bancorp | $1.8M | 0.24% | 120,617 | Common | SOLE |
| 72345E102 | PPBN | Pinnacle Bankshares Corporation | $1.8M | 0.24% | 57,682 | Common | SOLE |
| 108621103 | BWB | Bridgewater Bancshares, Inc. | $1.7M | 0.22% | 119,479 | Common | SOLE |
| 426927109 | XHC | Heritage Commerce Corp | $1.6M | 0.21% | 169,539 | Common | SOLE |
| 69506J102 | PWBK | Pacific West Bancorp | $1.6M | 0.21% | 145,715 | Common | SOLE |
| 96208T104 | WEX | WEX Inc. | $1.6M | 0.21% | 9,955 | Common | SOLE |
| 29260B109 | EDVR | Endeavor Bancorp | $1.5M | 0.19% | 104,091 | Common | SOLE |
| 75970E107 | RNST | Renasant Corporation | $1.4M | 0.19% | 41,875 | Common | SOLE |
| 72346K107 | PBNK | Pinnacle Bank | $1.3M | 0.17% | 69,512 | Common | SOLE |
| 05969A105 | TBBK | The Bancorp, Inc. | $1.2M | 0.16% | 23,592 | Common | SOLE |
| 25660B103 | DSBX | Dogwood State Bank | $1.2M | 0.16% | 79,721 | Common | SOLE |
| 12612R105 | CNBW | CNB Corporation | $1.1M | 0.15% | 14,348 | Common | SOLE |
| 000868109 | ACNB | ACNB Corporation | $1.1M | 0.15% | 26,767 | Common | SOLE |
| 319716106 | FCOB | 1st Colonial Bancorp | $1.0M | 0.14% | 69,644 | Common | SOLE |
| 063907208 | BORT | Bank of Botetourt | $1.0M | 0.13% | 30,624 | Common | SOLE |
| 842243107 | SBNC | Southern BancShares (N.C.), Inc. | $1.0M | 0.13% | 124 | Common | SOLE |
| 66661N886 | NPB | Northpointe Bancshares | $866,400 | 0.11% | 60,000 | Common | SOLE |
| 561046103 | MLGF | Malaga Financial Corporation | $856,332 | 0.11% | 41,269 | Common | SOLE |
| 320148109 | FFMH | First Farmers and Merchants Corporation | $768,519 | 0.10% | 20,092 | Common | SOLE |
| 139737100 | CBNK | Capital Bancorp, Inc. | $680,543 | 0.09% | 24,022 | Common | SOLE |
| 835126103 | SOME | Somerset Trust Holding Company | $530,741 | 0.07% | 10,887 | Common | SOLE |
| 737643106 | PTBS | Potomac Bancshares, Inc. | $521,516 | 0.07% | 32,292 | Common | SOLE |
| 404111106 | HBT | HBT Financial, Inc. | $412,411 | 0.05% | 18,403 | Common | SOLE |
| 53803X105 | LOB | Live Oak Bancshares | $275,931 | 0.04% | 10,350 | Common | SOLE |
| 769397100 | RVSB | Riverview Bancorp, Inc. | $44,997 | 0.01% | 7,964 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.