13F HOLDINGS REPORT
BANC FUNDS CO LLC
Quarter ended Q2 2025 · Filed August 14, 2025 · Accession 0001029311-25-000009
Total Value
$661.6M
Positions
115
Other Managers
0
Confidential Omitted
No
Holdings (115)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | Unity Bancorp, Inc. | UNTY | 524,218 | $24.7M | 3.73% |
| 2 | FineMark Holdings, Inc. | 31788B108 | 535,265 | $22.1M | 3.34% |
| 3 | Old Second Bancorp, Inc. | OSBC | 1,157,378 | $20.5M | 3.10% |
| 4 | Private Bancorp of America, Inc. | 74274F100 | 332,531 | $18.0M | 2.73% |
| 5 | California BanCorp. | BCAL | 993,400 | $15.7M | 2.37% |
| 6 | First Bank | 31931U102 | 991,249 | $15.3M | 2.32% |
| 7 | Primis Financial Corporation | FRST | 1,369,088 | $14.9M | 2.25% |
| 8 | American Business Bank | 02475L105 | 347,447 | $14.8M | 2.24% |
| 9 | West Coast Community Bancorp | 952170108 | 363,820 | $14.2M | 2.15% |
| 10 | Southern States Bancshares, Inc. | SOMN | 382,380 | $13.9M | 2.10% |
| 11 | Avidbank Holdings, Inc. | AVBH | 670,039 | $13.7M | 2.07% |
| 12 | First Business Financial Services, Inc. | 319390100 | 264,477 | $13.4M | 2.03% |
| 13 | Peapack-Gladstone Financial Corporation | 704699107 | 462,399 | $13.1M | 1.97% |
| 14 | Merchants Bancorp | MBINN | 385,790 | $12.8M | 1.93% |
| 15 | MainStreet Bancshares, Inc. | MNSBP | 651,014 | $12.3M | 1.86% |
| 16 | Texas Capital Bancshares, Inc. | 88224Q107 | 149,205 | $11.8M | 1.79% |
| 17 | Metropolitan Bank Holding Corp. | 591774104 | 159,054 | $11.1M | 1.68% |
| 18 | First Western Financial, Inc. | 33751L105 | 490,521 | $11.1M | 1.67% |
| 19 | Southern First Bancshares, Inc. | SFST | 286,704 | $10.9M | 1.65% |
| 20 | Mid Penn Bank | MPB | 375,786 | $10.6M | 1.60% |
| 21 | Triumph Bancorp, Inc. | TFIN-P | 189,394 | $10.4M | 1.58% |
| 22 | Banc of California, Inc. | BANC-PF | 741,545 | $10.4M | 1.57% |
| 23 | Colony Bankcorp Inc. | CBAN | 621,159 | $10.2M | 1.55% |
| 24 | First Internet Bancorp | INBKZ | 350,296 | $9.4M | 1.42% |
| 25 | CNB Financial Corporation | 126128107 | 406,776 | $9.3M | 1.41% |
| 26 | Investar Holding Corporation | ISTR | 480,906 | $9.3M | 1.40% |
| 27 | First Busey Corporation | BUSEP | 405,929 | $9.3M | 1.40% |
| 28 | Mountain Commerce Bancorp | 624004107 | 464,783 | $9.2M | 1.40% |
| 29 | Mercantile Bank Corporation | 587376104 | 195,152 | $9.1M | 1.37% |
| 30 | Alerus Financial Corporation | 01446U103 | 398,538 | $8.6M | 1.30% |
| 31 | Business First Bancshares, Inc. | BFST | 347,116 | $8.6M | 1.29% |
| 32 | Orange County Bancorp, Inc. | ORANY | 329,956 | $8.5M | 1.29% |
| 33 | Alpine Banks of Colorado | ALPIB | 315,338 | $8.5M | 1.29% |
| 34 | Blue Ridge Bankshares, Inc. | BRBS | 2,341,902 | $8.4M | 1.27% |
| 35 | ConnectOne Bancorp, Inc. | CNOBP | 342,186 | $7.9M | 1.20% |
| 36 | Meridian Bank | MRDN | 600,415 | $7.7M | 1.17% |
| 37 | Third Coast Bancshares | TCBX | 215,383 | $7.0M | 1.06% |
| 38 | First Northern Community Bancorp | FNRN | 715,588 | $7.0M | 1.05% |
| 39 | SmartFinancial, Inc. | SMBK | 200,587 | $6.8M | 1.02% |
| 40 | First Foundation Inc. | 32026V104 | 1,143,054 | $5.8M | 0.88% |
| 41 | FirstSun Capital Bancorp | 33767U107 | 163,705 | $5.7M | 0.86% |
| 42 | Citizens Community Bancorp, Inc. | CIA | 411,996 | $5.7M | 0.86% |
| 43 | Bank7 Corp | BSVN | 128,519 | $5.4M | 0.81% |
| 44 | CoastalSouth Bancshares, Inc. | COSO | 247,605 | $5.3M | 0.80% |
| 45 | Oregon Pacific Bancorp | 686040205 | 631,086 | $5.0M | 0.75% |
| 46 | Shore Bancshares, Inc. | SHBI | 303,809 | $4.8M | 0.72% |
| 47 | First Reliance Bancshares, Inc. | 33615Q100 | 493,284 | $4.7M | 0.72% |
| 48 | Princeton Bancorp, Inc. | BPRN | 153,926 | $4.7M | 0.71% |
| 49 | Veritex Holdings, Inc. | 923451108 | 179,895 | $4.7M | 0.71% |
| 50 | United Security Bankshares | UNTCW | 536,316 | $4.6M | 0.70% |
| 51 | River City Bank | 76803X106 | 13,720 | $4.6M | 0.70% |
| 52 | LinkBancorp | LNKB | 623,533 | $4.6M | 0.69% |
| 53 | Bankwell Financial Group, Inc. | 06654A103 | 126,377 | $4.6M | 0.69% |
| 54 | Studio Bank | 864001102 | 425,956 | $4.3M | 0.64% |
| 55 | Summit State Bank | 866264203 | 385,128 | $4.2M | 0.63% |
| 56 | White River Bancshares Company | WRIV | 99,000 | $4.1M | 0.63% |
| 57 | Enterprise Bancorp, Inc. | 293668109 | 103,375 | $4.1M | 0.62% |
| 58 | Foresight Financial Group, Inc. | FGFH | 131,068 | $4.0M | 0.61% |
| 59 | ChoiceOne Financial Services, Inc. | 170386106 | 135,435 | $3.9M | 0.59% |
| 60 | First Capital Bancshares, Inc. | FCAP | 368,316 | $3.8M | 0.58% |
| 61 | Prime Meridian Holding Company | 74164R107 | 76,418 | $3.7M | 0.57% |
| 62 | Community Heritage Financial Inc. | 20370L103 | 143,258 | $3.7M | 0.55% |
| 63 | Coastal Carolina Bancshares, Inc. | CCNB | 324,238 | $3.6M | 0.55% |
| 64 | Sierra Bancorp | BSRR | 121,424 | $3.6M | 0.54% |
| 65 | Hanover Bancorp Inc. | HNVR | 136,929 | $3.1M | 0.47% |
| 66 | Amerant Bancorp Inc. | AMTB | 170,000 | $3.1M | 0.47% |
| 67 | Byline Bancorp, Inc. | BY | 107,612 | $2.9M | 0.43% |
| 68 | South Atlantic Bancshares, Inc. | 83636T104 | 179,496 | $2.9M | 0.43% |
| 69 | American Riviera Bancorp | 02933K103 | 147,189 | $2.8M | 0.43% |
| 70 | PSB Holdings, Inc. | 69360N108 | 118,094 | $2.8M | 0.43% |
| 71 | Five Star Bancorp | FSBC | 95,919 | $2.7M | 0.41% |
| 72 | Summit Bank Group, Inc. | 86603R100 | 190,501 | $2.7M | 0.41% |
| 73 | Financial Institutions, Inc. | 317585404 | 104,000 | $2.7M | 0.40% |
| 74 | Dime Community Bancshares, Inc. | 25432X102 | 97,948 | $2.6M | 0.40% |
| 75 | Blueharbor Bank | 095613105 | 96,602 | $2.6M | 0.39% |
| 76 | Grand River Commerce, Inc. | 386441109 | 675,014 | $2.5M | 0.38% |
| 77 | FVCBankcorp Inc. | FVCB | 214,088 | $2.5M | 0.38% |
| 78 | USCB Financial Holdings Inc. | USCB | 149,230 | $2.5M | 0.37% |
| 79 | Merchants Financial Group, Inc. | 588538108 | 96,077 | $2.4M | 0.36% |
| 80 | SouthPoint Bancshares, Inc. | 844647107 | 113,414 | $2.4M | 0.36% |
| 81 | Old National Bancorp | 680033107 | 109,251 | $2.3M | 0.35% |
| 82 | United Bancorporation of Alabama, Inc. | UNTCW | 43,474 | $2.3M | 0.35% |
| 83 | Berkshire Hills Bancorp | BBT | 86,206 | $2.2M | 0.33% |
| 84 | Eagle Financial Services Inc. | 26951R104 | 65,000 | $2.0M | 0.30% |
| 85 | Bancorp 34, Inc. | BCTF | 162,857 | $2.0M | 0.30% |
| 86 | Commencement Bancorp, Inc. | 20051D107 | 161,960 | $2.0M | 0.30% |
| 87 | FSBH Corp (was First Southern Bank) | 30325F101 | 234,250 | $1.9M | 0.29% |
| 88 | BayFirst Financial Corp. | BAFN | 125,272 | $1.8M | 0.27% |
| 89 | Mission Valley Bancorp | 60520E104 | 105,117 | $1.6M | 0.24% |
| 90 | Bridgewater Bancshares, Inc. | BWBBP | 101,479 | $1.6M | 0.24% |
| 91 | Pinnacle Bankshares Corporation | 72345E102 | 48,382 | $1.6M | 0.24% |
| 92 | Renasant Corporation | RNST | 41,875 | $1.5M | 0.23% |
| 93 | Endeavor Bancorp | EDVR | 101,072 | $1.5M | 0.22% |
| 94 | WEX Inc. | WEX | 9,955 | $1.5M | 0.22% |
| 95 | Pacific West Bancorp | 69506J102 | 135,715 | $1.4M | 0.22% |
| 96 | MVB Financial Corp. | 553810102 | 62,789 | $1.4M | 0.21% |
| 97 | Tri City Bankshares Corporation | 895364107 | 94,772 | $1.4M | 0.20% |
| 98 | The Bancorp, Inc. | TBBK | 23,592 | $1.3M | 0.20% |
| 99 | First National Corporation | 32106V107 | 65,880 | $1.3M | 0.19% |
| 100 | Pinnacle Bank | 72346K107 | 63,514 | $1.3M | 0.19% |
| 101 | Dogwood State Bank | 25660B103 | 79,721 | $1.2M | 0.18% |
| 102 | Heritage Commerce Corp | HTBK | 121,539 | $1.2M | 0.18% |
| 103 | Southern BancShares (N.C.), Inc. | SOMN | 124 | $1.0M | 0.16% |
| 104 | First Community Corporation | 319835104 | 41,317 | $1.0M | 0.15% |
| 105 | CNB Corporation | 12612R105 | 14,348 | $839,358 | 0.13% |
| 106 | Malaga Financial Corporation | 561046103 | 41,269 | $830,332 | 0.13% |
| 107 | Northpointe Bancshares | NPB | 60,000 | $822,600 | 0.12% |
| 108 | Somerset Trust Holding Company | 835126103 | 11,787 | $624,593 | 0.09% |
| 109 | Bank of Botetourt | 063907208 | 16,504 | $580,941 | 0.09% |
| 110 | Capital Bancorp, Inc. | CBNK | 14,400 | $483,552 | 0.07% |
| 111 | Potomac Bancshares, Inc. | 737643106 | 27,792 | $482,469 | 0.07% |
| 112 | 1st Colonial Bancorp | 319716106 | 29,457 | $477,203 | 0.07% |
| 113 | HBT Financial, Inc. | 404111106 | 18,403 | $463,940 | 0.07% |
| 114 | Live Oak Bancshares | LOB-PA | 10,350 | $308,430 | 0.05% |
| 115 | First Farmers and Merchants Corporation | 320148109 | 6,129 | $256,131 | 0.04% |