13F HOLDINGS REPORT
BANC FUNDS CO LLC
Quarter ended Q1 2025 · Filed May 14, 2025 · Accession 0001029311-25-000006
Total Value
$758.5M
Positions
118
Other Managers
0
Confidential Omitted
No
Holdings (118)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | Unity Bancorp, Inc. | UNTY | 604,944 | $24.6M | 3.25% |
| 2 | Southern States Bancshares, Inc. | SOMN | 663,484 | $23.7M | 3.13% |
| 3 | American Business Bank | 02475L105 | 481,822 | $21.5M | 2.83% |
| 4 | Old Second Bancorp, Inc. | OSBC | 1,284,578 | $21.4M | 2.82% |
| 5 | Private Bancorp of America, Inc. | 74274F100 | 358,352 | $19.6M | 2.59% |
| 6 | First Bank | 31931U102 | 1,203,049 | $17.8M | 2.35% |
| 7 | California BanCorp. | BCAL | 1,181,878 | $16.9M | 2.23% |
| 8 | FineMark Holdings, Inc. | 31788B108 | 650,172 | $16.9M | 2.23% |
| 9 | West Coast Community Bancorp | 952170108 | 427,642 | $16.8M | 2.21% |
| 10 | Avidbank Holdings, Inc. | AVBH | 735,277 | $16.6M | 2.19% |
| 11 | Primis Financial Corporation | FRST | 1,601,360 | $15.6M | 2.06% |
| 12 | Merchants Bancorp | MBINN | 385,915 | $14.3M | 1.88% |
| 13 | Banc of California, Inc. | BANC-PF | 986,629 | $14.0M | 1.85% |
| 14 | Peapack-Gladstone Financial Corporation | 704699107 | 473,399 | $13.4M | 1.77% |
| 15 | Texas Capital Bancshares, Inc. | 88224Q107 | 179,205 | $13.4M | 1.76% |
| 16 | Metropolitan Bank Holding Corp. | 591774104 | 232,254 | $13.0M | 1.71% |
| 17 | First Business Financial Services, Inc. | 319390100 | 274,277 | $12.9M | 1.71% |
| 18 | First Western Financial, Inc. | 33751L105 | 636,177 | $12.5M | 1.65% |
| 19 | ConnectOne Bancorp, Inc. | CNOBP | 475,086 | $11.5M | 1.52% |
| 20 | Colony Bankcorp Inc. | CBAN | 700,359 | $11.3M | 1.49% |
| 21 | Triumph Bancorp, Inc. | TFIN-P | 192,394 | $11.1M | 1.47% |
| 22 | MainStreet Bancshares, Inc. | MNSBP | 651,014 | $10.9M | 1.44% |
| 23 | Mid Penn Bank | MPB | 412,552 | $10.7M | 1.41% |
| 24 | Mountain Commerce Bancorp | 624004107 | 512,310 | $10.4M | 1.37% |
| 25 | Orange County Bancorp, Inc. | ORANY | 433,632 | $10.1M | 1.34% |
| 26 | Alpine Banks of Colorado | ALPIB | 322,498 | $10.0M | 1.32% |
| 27 | Business First Bancshares, Inc. | BFST | 408,145 | $9.9M | 1.31% |
| 28 | Southern First Bancshares, Inc. | SFST | 299,920 | $9.9M | 1.30% |
| 29 | Princeton Bancorp, Inc. | BPRN | 315,428 | $9.6M | 1.27% |
| 30 | Meridian Bank | MRDN | 659,104 | $9.5M | 1.25% |
| 31 | First Internet Bancorp | INBKZ | 350,296 | $9.4M | 1.24% |
| 32 | Mercantile Bank Corporation | 587376104 | 215,452 | $9.4M | 1.23% |
| 33 | First Busey Corporation | BUSEP | 430,929 | $9.3M | 1.23% |
| 34 | SmartFinancial, Inc. | SMBK | 294,911 | $9.2M | 1.21% |
| 35 | Investar Holding Corporation | ISTR | 510,906 | $9.0M | 1.19% |
| 36 | First Northern Community Bancorp | FNRN | 882,564 | $9.0M | 1.18% |
| 37 | Third Coast Bancshares | TCBX | 268,649 | $9.0M | 1.18% |
| 38 | CNB Financial Corporation | 126128107 | 401,776 | $8.9M | 1.18% |
| 39 | ChoiceOne Financial Services, Inc. | 170386106 | 303,381 | $8.7M | 1.15% |
| 40 | Alerus Financial Corporation | 01446U103 | 451,641 | $8.3M | 1.10% |
| 41 | Blue Ridge Bankshares, Inc. | BRBS | 2,506,902 | $8.2M | 1.08% |
| 42 | Veritex Holdings, Inc. | 923451108 | 283,100 | $7.1M | 0.93% |
| 43 | River City Bank | 76803X106 | 19,837 | $6.9M | 0.92% |
| 44 | FirstSun Capital Bancorp | 33767U107 | 187,705 | $6.8M | 0.89% |
| 45 | First Foundation Inc. | 32026V104 | 1,306,054 | $6.8M | 0.89% |
| 46 | Citizens Community Bancorp, Inc. | CIA | 468,742 | $6.7M | 0.89% |
| 47 | Bank7 Corp | BSVN | 171,836 | $6.7M | 0.88% |
| 48 | United Bancorporation of Alabama, Inc. | UNTCW | 110,813 | $5.9M | 0.78% |
| 49 | Shore Bancshares, Inc. | SHBI | 403,809 | $5.5M | 0.72% |
| 50 | CoastalSouth Bancshares, Inc. | COSO | 254,557 | $5.4M | 0.71% |
| 51 | Oregon Pacific Bancorp | 686040205 | 644,986 | $5.1M | 0.68% |
| 52 | United Security Bankshares | UNTCW | 545,672 | $4.9M | 0.64% |
| 53 | Bremer Financial Corporation | 107015109 | 41,667 | $4.8M | 0.63% |
| 54 | Bankwell Financial Group, Inc. | 06654A103 | 159,377 | $4.8M | 0.63% |
| 55 | South Atlantic Bancshares, Inc. | 83636T104 | 308,952 | $4.7M | 0.62% |
| 56 | Community Heritage Financial Inc. | 20370L103 | 191,558 | $4.7M | 0.62% |
| 57 | First Reliance Bancshares, Inc. | 33615Q100 | 495,884 | $4.7M | 0.62% |
| 58 | Foresight Financial Group, Inc. | FGFH | 142,598 | $4.5M | 0.60% |
| 59 | PSB Holdings, Inc. | 69360N108 | 175,973 | $4.5M | 0.59% |
| 60 | Enterprise Bancorp, Inc. | 293668109 | 112,158 | $4.4M | 0.58% |
| 61 | Studio Bank | 864001102 | 409,215 | $4.4M | 0.58% |
| 62 | Sierra Bancorp | BSRR | 153,831 | $4.3M | 0.57% |
| 63 | American Riviera Bancorp | 02933K103 | 222,152 | $4.3M | 0.56% |
| 64 | LinkBancorp | LNKB | 623,533 | $4.2M | 0.56% |
| 65 | Hanover Bancorp Inc. | HNVR | 192,329 | $4.2M | 0.56% |
| 66 | Coastal Carolina Bancshares, Inc. | CCNB | 357,232 | $4.1M | 0.53% |
| 67 | Summit State Bank | 866264203 | 429,395 | $4.0M | 0.52% |
| 68 | White River Bancshares Company | WRIV | 99,000 | $3.9M | 0.52% |
| 69 | First Capital Bancshares, Inc. | FCAP | 368,316 | $3.7M | 0.49% |
| 70 | Five Star Bancorp | FSBC | 124,919 | $3.5M | 0.46% |
| 71 | Amerant Bancorp Inc. | AMTB | 165,000 | $3.4M | 0.45% |
| 72 | SouthPoint Bancshares, Inc. | 844647107 | 118,564 | $3.4M | 0.44% |
| 73 | Byline Bancorp, Inc. | BY | 121,612 | $3.2M | 0.42% |
| 74 | FVCBankcorp Inc. | FVCB | 269,121 | $2.8M | 0.38% |
| 75 | Summit Bank Group, Inc. | 86603R100 | 190,501 | $2.8M | 0.37% |
| 76 | USCB Financial Holdings Inc. | USCB | 149,230 | $2.8M | 0.37% |
| 77 | Dime Community Bancshares, Inc. | 25432X102 | 97,948 | $2.7M | 0.36% |
| 78 | Grand River Commerce, Inc. | 386441109 | 675,014 | $2.7M | 0.35% |
| 79 | Financial Institutions, Inc. | 317585404 | 104,000 | $2.6M | 0.34% |
| 80 | Merchants Financial Group, Inc. | 588538108 | 103,777 | $2.5M | 0.33% |
| 81 | Prime Meridian Holding Company | 74164R107 | 90,128 | $2.5M | 0.33% |
| 82 | BayFirst Financial Corp. | BAFN | 150,272 | $2.5M | 0.33% |
| 83 | Blueharbor Bank | 095613105 | 106,602 | $2.5M | 0.32% |
| 84 | Sterling Bancorp, Inc. | 85917W102 | 502,061 | $2.4M | 0.32% |
| 85 | Berkshire Hills Bancorp | BBT | 86,206 | $2.2M | 0.30% |
| 86 | Commencement Bancorp, Inc. | 20051D107 | 165,960 | $2.1M | 0.28% |
| 87 | Eagle Financial Services Inc. | 26951R104 | 65,000 | $2.1M | 0.28% |
| 88 | FSBH Corp | 30325F101 | 234,250 | $2.1M | 0.28% |
| 89 | Tri City Bankshares Corporation | 895364107 | 152,041 | $2.1M | 0.28% |
| 90 | Bancorp 34, Inc. | BCTF | 162,857 | $2.1M | 0.27% |
| 91 | First National Corporation | 32106V107 | 92,385 | $2.1M | 0.27% |
| 92 | First Community Corporation | 319835104 | 91,645 | $2.1M | 0.27% |
| 93 | MVB Financial Corp. | 553810102 | 109,189 | $1.9M | 0.25% |
| 94 | Mission Valley Bancorp | 60520E104 | 120,617 | $1.8M | 0.24% |
| 95 | Pinnacle Bankshares Corporation | 72345E102 | 57,682 | $1.8M | 0.24% |
| 96 | Bridgewater Bancshares, Inc. | BWBBP | 119,479 | $1.7M | 0.22% |
| 97 | Heritage Commerce Corp | HTBK | 169,539 | $1.6M | 0.21% |
| 98 | Pacific West Bancorp | 69506J102 | 145,715 | $1.6M | 0.21% |
| 99 | WEX Inc. | WEX | 9,955 | $1.6M | 0.21% |
| 100 | Endeavor Bancorp | EDVR | 104,091 | $1.5M | 0.19% |
| 101 | Renasant Corporation | RNST | 41,875 | $1.4M | 0.19% |
| 102 | Pinnacle Bank | 72346K107 | 69,512 | $1.3M | 0.17% |
| 103 | The Bancorp, Inc. | TBBK | 23,592 | $1.2M | 0.16% |
| 104 | Dogwood State Bank | 25660B103 | 79,721 | $1.2M | 0.16% |
| 105 | CNB Corporation | 12612R105 | 14,348 | $1.1M | 0.15% |
| 106 | ACNB Corporation | ACNB | 26,767 | $1.1M | 0.15% |
| 107 | 1st Colonial Bancorp | 319716106 | 69,644 | $1.0M | 0.14% |
| 108 | Bank of Botetourt | 063907208 | 30,624 | $1.0M | 0.13% |
| 109 | Southern BancShares (N.C.), Inc. | SOMN | 124 | $1.0M | 0.13% |
| 110 | Northpointe Bancshares | NPB | 60,000 | $866,400 | 0.11% |
| 111 | Malaga Financial Corporation | 561046103 | 41,269 | $856,332 | 0.11% |
| 112 | First Farmers and Merchants Corporation | 320148109 | 20,092 | $768,519 | 0.10% |
| 113 | Capital Bancorp, Inc. | CBNK | 24,022 | $680,543 | 0.09% |
| 114 | Somerset Trust Holding Company | 835126103 | 10,887 | $530,741 | 0.07% |
| 115 | Potomac Bancshares, Inc. | 737643106 | 32,292 | $521,516 | 0.07% |
| 116 | HBT Financial, Inc. | 404111106 | 18,403 | $412,411 | 0.05% |
| 117 | Live Oak Bancshares | LOB-PA | 10,350 | $275,931 | 0.04% |
| 118 | Riverview Bancorp, Inc. | RVSB | 7,964 | $44,997 | 0.01% |