Q1 2026 · 13F-HR
BANC FUNDS CO LLCholdings as filed
Filed 2026-05-14 · accession 0001029311-26-000046
$537.2M
Reported value
97
Positions
2026-03-31
Period end
The Brief · BANC FUNDS CO LLC · Q1 2026
AI · grounded in 13F
BANC FUNDS CO LLC closed its position in FNBT for a reduction of $8.35M. The fund established new positions in Bank of San Francisco for $4.32M and CBSH for $4.27M. Additionally, the fund increased its holdings in ALRS by 62.43% and MNSB by 25.82%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 74274F100 | PBAM | Private Bancorp of America, Inc. | $21.1M | 3.92% | 309,859 | Common | SOLE |
| 680277100 | OSBC | Old Second Bancorp, Inc. | $20.7M | 3.86% | 1,029,143 | Common | SOLE |
| 913290102 | UNTY | Unity Bancorp, Inc. | $19.5M | 3.62% | 375,469 | Common | SOLE |
| 05368J103 | AVBH | Avidbank Holdings, Inc. | $19.0M | 3.53% | 665,100 | Common | SOLE |
| 02475L105 | AMBZ | American Business Bank | $17.4M | 3.25% | 245,773 | Common | SOLE |
| 84252A106 | BCAL | California BanCorp. | $14.7M | 2.74% | 831,155 | Common | SOLE |
| 31931U102 | FRBA | First Bank | $13.8M | 2.57% | 864,205 | Common | SOLE |
| 952170108 | — | West Coast Community Bancorp | $13.1M | 2.45% | 276,651 | Common | SOLE |
| 58844R108 | MBIN | Merchants Bancorp | $12.1M | 2.25% | 281,062 | Common | SOLE |
| 591774104 | MCB | Metropolitan Bank Holding Corp. | $11.8M | 2.21% | 142,221 | Common | SOLE |
| 56064Y100 | MNSB | MainStreet Bancshares, Inc. | $11.8M | 2.19% | 530,941 | Common | SOLE |
| 74167B109 | FRST | Primis Financial Corporation | $11.6M | 2.16% | 872,961 | Common | SOLE |
| 88224Q107 | TCBI | Texas Capital Bancshares, Inc. | $11.4M | 2.12% | 119,762 | Common | SOLE |
| 020810107 | ALPIB | Alpine Banks of Colorado | $9.8M | 1.82% | 204,321 | Common | SOLE |
| 704699107 | PGC | Peapack-Gladstone Financial Corporation | $9.6M | 1.80% | 273,947 | Common | SOLE |
| 842873101 | SFST | Southern First Bancshares, Inc. | $9.4M | 1.74% | 171,655 | Common | SOLE |
| 05990K106 | BANC | Banc of California, Inc. | $9.1M | 1.70% | 519,738 | Common | SOLE |
| 319390100 | FBIZ | First Business Financial Services, Inc. | $9.0M | 1.67% | 166,224 | Common | SOLE |
| 33751L105 | MYFW | First Western Financial, Inc. | $8.6M | 1.59% | 348,404 | Common | SOLE |
| 19623P101 | CBAN | Colony Bankcorp Inc. | $8.4M | 1.56% | 419,478 | Common | SOLE |
| 20786W107 | CNOB | ConnectOne Bancorp, Inc. | $8.3M | 1.55% | 310,195 | Common | SOLE |
| 01446U103 | ALRS | Alerus Financial Corporation | $8.3M | 1.54% | 349,165 | Common | SOLE |
| 46134L105 | ISTR | Investar Holding Corporation | $8.2M | 1.53% | 306,896 | Common | SOLE |
| 624004107 | MCBI | Mountain Commerce Bancorp | $8.0M | 1.49% | 351,330 | Common | SOLE |
| 095825105 | BRBS | Blue Ridge Bankshares, Inc. | $7.9M | 1.48% | 1,889,033 | Common | SOLE |
| 58958P104 | MRBK | Meridian Bank | $7.0M | 1.30% | 369,333 | Common | SOLE |
| 89679E300 | TFIN | Triumph Bancorp, Inc. | $7.0M | 1.30% | 117,136 | Common | SOLE |
| 59540G107 | MPB | Mid Penn Bank | $6.7M | 1.25% | 207,982 | Common | SOLE |
| 587376104 | MBWM | Mercantile Bank Corporation | $6.6M | 1.23% | 131,160 | Common | SOLE |
| 190435107 | CCNB | Coastal Carolina Bancshares, Inc. | $6.5M | 1.21% | 466,771 | Common | SOLE |
| 126128107 | CCNE | CNB Financial Corporation | $6.4M | 1.20% | 222,375 | Common | SOLE |
| 88422P109 | TCBX | Third Coast Bancshares | $6.4M | 1.19% | 169,064 | Common | SOLE |
| 12326C105 | BFST | Business First Bancshares, Inc. | $6.3M | 1.18% | 234,257 | Common | SOLE |
| 68417L107 | OBT | Orange County Bancorp, Inc. | $6.3M | 1.18% | 197,536 | Common | SOLE |
| 33767U107 | FSUN | FirstSun Capital Bancorp | $6.1M | 1.14% | 168,489 | Common | SOLE |
| 83190L208 | SMBK | SmartFinancial, Inc. | $5.9M | 1.09% | 150,087 | Common | SOLE |
| 911460103 | UBFO | United Security Bankshares | $5.6M | 1.04% | 532,316 | Common | SOLE |
| 74179A107 | BPRN | Princeton Bancorp, Inc. | $5.2M | 0.97% | 153,926 | Common | SOLE |
| 864001102 | STBK | Studio Bank | $5.2M | 0.97% | 429,056 | Common | SOLE |
| 06652N107 | BSVN | Bank7 Corp | $5.1M | 0.95% | 128,519 | Common | SOLE |
| 33615Q100 | FSRL | First Reliance Bancshares, Inc. | $4.7M | 0.88% | 341,313 | Common | SOLE |
| 96445A108 | WRIV | White River Bancshares Company | $4.7M | 0.88% | 89,000 | Common | SOLE |
| 06654A103 | BWFG | Bankwell Financial Group, Inc. | $4.7M | 0.87% | 96,423 | Common | SOLE |
| 31941G101 | FCPB | First Capital Bancshares, Inc. | $4.4M | 0.81% | 358,995 | Common | SOLE |
| 064774102 | — | Bank of San Francisco | $4.3M | 0.80% | 115,072 | Common | SOLE |
| 200525103 | CBSH | Commerce Bancshares, Inc. MO | $4.3M | 0.79% | 86,774 | Common | SOLE |
| 76803X106 | RCBC | River City Bank | $4.3M | 0.79% | 101,590 | Common | SOLE |
| 174903104 | CZWI | Citizens Community Bancorp, Inc. | $4.1M | 0.76% | 206,055 | Common | SOLE |
| 83636T104 | SABK | South Atlantic Bancshares, Inc. | $4.1M | 0.76% | 179,396 | Common | SOLE |
| 686040205 | ORPB | Oregon Pacific Bancorp | $4.0M | 0.74% | 361,932 | Common | SOLE |
| 023576101 | AMTB | Amerant Bancorp Inc. | $4.0M | 0.74% | 180,000 | Common | SOLE |
| 20370L103 | — | Community Heritage Financial Inc. | $3.9M | 0.72% | 125,424 | Common | SOLE |
| 095613105 | BLHK | Blueharbor Bank | $3.9M | 0.72% | 96,402 | Common | SOLE |
| 82620P102 | BSRR | Sierra Bancorp | $3.8M | 0.72% | 113,255 | Common | SOLE |
| 335925103 | FNRN | First Northern Community Bancorp | $3.7M | 0.69% | 234,181 | Common | SOLE |
| 86603R100 | SBKO | Summit Bank Group, Inc. | $3.7M | 0.69% | 190,501 | Common | SOLE |
| 825107105 | SHBI | Shore Bancshares, Inc. | $3.7M | 0.68% | 195,563 | Common | SOLE |
| 53578P105 | LNKB | LinkBancorp | $3.3M | 0.62% | 401,593 | Common | SOLE |
| 320557101 | INBK | First Internet Bancorp | $3.3M | 0.62% | 162,176 | Common | SOLE |
| 36120Q101 | FVCB | FVCBankcorp Inc. | $3.3M | 0.61% | 214,088 | Common | SOLE |
| 33830T103 | FSBC | Five Star Bancorp | $3.2M | 0.60% | 85,919 | Common | SOLE |
| 319383204 | BUSE | First Busey Corporation | $3.2M | 0.60% | 127,077 | Common | SOLE |
| 29260B109 | EDVR | Endeavor Bancorp | $2.7M | 0.51% | 167,738 | Common | SOLE |
| 866264203 | SSBI | Summit State Bank | $2.7M | 0.50% | 199,227 | Common | SOLE |
| 32026V104 | FFWM | First Foundation Inc. | $2.6M | 0.47% | 432,396 | Common | SOLE |
| 26951R104 | EFSI | Eagle Financial Services Inc. | $2.3M | 0.42% | 65,000 | Common | SOLE |
| 553810102 | MVBF | MVB Financial Corp. | $2.3M | 0.42% | 91,244 | Common | SOLE |
| 139737100 | CBNK | Capital Bancorp, Inc. | $2.2M | 0.42% | 75,300 | Common | SOLE |
| 20051D107 | — | Commencement Bancorp, Inc. | $2.2M | 0.41% | 130,720 | Common | SOLE |
| 30325F101 | FSBH | FSBH Corp (was First Southern Bank) | $2.2M | 0.40% | 135,250 | Common | SOLE |
| 02933K103 | ARBV | American Riviera Bancorp | $2.1M | 0.39% | 89,380 | Common | SOLE |
| 19058X207 | COSO | CoastalSouth Bancshares, Inc. | $2.1M | 0.39% | 85,715 | Common | SOLE |
| 69360N108 | — | PSB Holdings, Inc. | $2.1M | 0.39% | 74,794 | Common | SOLE |
| 72348N109 | PNFP | Pinnacle Financial Partners Inc. | $1.9M | 0.35% | 21,800 | Common | SOLE |
| 30257X104 | FBK | FB Financial Corp. | $1.8M | 0.34% | 35,496 | Common | SOLE |
| 108621103 | BWB | Bridgewater Bancshares, Inc. | $1.8M | 0.33% | 101,479 | Common | SOLE |
| 90355N101 | USCB | USCB Financial Holdings Inc. | $1.8M | 0.33% | 95,580 | Common | SOLE |
| 72345E102 | PPBN | Pinnacle Bankshares Corporation | $1.7M | 0.33% | 37,464 | Common | SOLE |
| 410709109 | HNVR | Hanover Bancorp Inc. | $1.7M | 0.31% | 76,757 | Common | SOLE |
| 05970V106 | BCTF | Bancorp 34, Inc. | $1.6M | 0.30% | 106,857 | Common | SOLE |
| 75970E107 | RNST | Renasant Corporation | $1.5M | 0.28% | 41,875 | Common | SOLE |
| 386441109 | GNRV | Grand River Commerce, Inc. | $1.5M | 0.28% | 357,400 | Common | SOLE |
| 60520E104 | — | Mission Valley Bancorp | $1.5M | 0.27% | 78,507 | Common | SOLE |
| 30137P106 | — | F&M Bank Corp | $1.4M | 0.27% | 47,100 | Common | SOLE |
| 89214P109 | TOWN | TowneBank | $1.4M | 0.26% | 40,804 | Common | SOLE |
| 32106V107 | FXNC | First National Corporation | $1.3M | 0.25% | 49,391 | Common | SOLE |
| 05969A105 | TBBK | The Bancorp, Inc. | $1.3M | 0.24% | 23,592 | Common | SOLE |
| 835126103 | SOME | Somerset Trust Holding Company | $1.1M | 0.21% | 16,017 | Common | SOLE |
| 69506J102 | PWBK | Pacific West Bancorp | $1.1M | 0.20% | 92,857 | Common | SOLE |
| 124411109 | BY | Byline Bancorp, Inc. | $1.1M | 0.20% | 34,157 | Common | SOLE |
| 844647107 | SOUB | SouthPoint Bancshares, Inc. | $1.0M | 0.20% | 74,938 | Common | SOLE |
| 426927109 | XHC | Heritage Commerce Corp | $937,735 | 0.17% | 75,139 | Common | SOLE |
| 78391L106 | LRBI | Lake Ridge Bancorp | $920,920 | 0.17% | 7,084 | Common | SOLE |
| 72346K107 | PBNK | Pinnacle Bank | $723,353 | 0.13% | 44,514 | Common | SOLE |
| 07279B104 | BAFN | BayFirst Financial Corp. | $582,162 | 0.11% | 91,679 | Common | SOLE |
| 319835104 | FCCO | First Community Corporation | $476,946 | 0.09% | 16,317 | Common | SOLE |
| 737643106 | PTBS | Potomac Bancshares, Inc. | $245,532 | 0.05% | 12,432 | 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.