13F HOLDINGS REPORT
Fourthstone LLC
Quarter ended Q3 2025 · Filed November 14, 2025 · Accession 0001420506-25-003264
Total Value
$557.6M
Positions
83
Other Managers
0
Confidential Omitted
No
Holdings (83)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | ORRSTOWN FINL SVCS INC | 687380105 | 1,453,010 | $49.4M | 8.85% |
| 2 | CHOICEONE FINL SVCS INC | 170386106 | 1,093,522 | $31.7M | 5.68% |
| 3 | COMMUNITY WEST BANCSHARES NE | CWBC | 1,462,786 | $30.5M | 5.47% |
| 4 | AVIDBANK HLDGS INC | AVBH | 1,042,169 | $26.6M | 4.77% |
| 5 | CALIFORNIA BANCORP | BCAL | 1,301,394 | $21.7M | 3.89% |
| 6 | CARTER BANKSHARES INC | CARE | 1,038,543 | $20.2M | 3.61% |
| 7 | FIRST NATL CORP | 32106V107 | 873,646 | $19.8M | 3.55% |
| 8 | FIRST CMNTY CORP S C | 319835104 | 610,974 | $17.2M | 3.09% |
| 9 | MERIDIAN CORPORATION | MRDN | 1,072,214 | $16.9M | 3.04% |
| 10 | METROPOLITAN BK HLDG CORP | 591774104 | 215,083 | $16.1M | 2.89% |
| 11 | FRANKLIN FINL SVCS CORP | 353525108 | 331,586 | $15.3M | 2.74% |
| 12 | CF BANKSHARES INC | CFBK | 596,276 | $14.3M | 2.56% |
| 13 | FVCBANKCORP INC | FVCB | 910,820 | $11.8M | 2.12% |
| 14 | COLONY BANKCORP INC | CBAN | 643,673 | $10.9M | 1.96% |
| 15 | MAINSTREET BANCSHARES INC | MNSBP | 509,933 | $10.6M | 1.90% |
| 16 | EAGLE FINL SVCS INC | 26951R104 | 276,786 | $10.5M | 1.88% |
| 17 | HANOVER BANCORP INC | HNVR | 421,508 | $9.5M | 1.70% |
| 18 | SHORE BANCSHARES INC | SHBI | 568,190 | $9.3M | 1.67% |
| 19 | FINANCIAL INSTNS INC | 317585404 | 322,202 | $8.8M | 1.57% |
| 20 | PARKE BANCORP INC | PKBK | 405,954 | $8.7M | 1.57% |
| 21 | BURKE HERBERT FINL SVCS CORP | 12135Y108 | 137,761 | $8.5M | 1.52% |
| 22 | CITIZENS CMNTY BANCORP INC M | CIA | 525,039 | $8.4M | 1.51% |
| 23 | COASTALSOUTH BANCSHARES INC | COSO | 378,141 | $8.2M | 1.48% |
| 24 | BANKWELL FINL GROUP INC | 06654A103 | 177,321 | $7.8M | 1.41% |
| 25 | PRIMIS FINANCIAL CORP | FRST | 706,933 | $7.4M | 1.33% |
| 26 | WESBANCO INC | WSBCO | 223,648 | $7.1M | 1.28% |
| 27 | SOUTHERN FIRST BANCSHARES | SFST | 158,754 | $7.0M | 1.26% |
| 28 | FIRST NORTHWEST BANCORP | FNWB | 869,092 | $6.8M | 1.23% |
| 29 | MVB FINL CORP | 553810102 | 272,282 | $6.8M | 1.22% |
| 30 | INVESTAR HLDG CORP | ISTR | 279,847 | $6.5M | 1.16% |
| 31 | MID PENN BANCORP INC | MPB | 219,569 | $6.3M | 1.13% |
| 32 | BANK MARIN BANCORP | 063425102 | 222,134 | $5.4M | 0.97% |
| 33 | UNITED SEC BANCSHARES CALIF | UNTCW | 555,820 | $5.2M | 0.93% |
| 34 | FIRST UTD CORP | 33741H107 | 135,366 | $5.0M | 0.89% |
| 35 | LINKBANCORP INC | LNKB | 682,823 | $4.9M | 0.87% |
| 36 | BV FINL INC | 05603E208 | 297,624 | $4.8M | 0.86% |
| 37 | OAK VY BANCORP OAKDALE CALIF | 671807105 | 165,856 | $4.7M | 0.84% |
| 38 | KEARNY FINL CORP MD | BEKE | 699,086 | $4.6M | 0.82% |
| 39 | BANK OF THE JAMES FINL GP IN | 470299108 | 291,782 | $4.6M | 0.82% |
| 40 | AMES NATL CORP | 031001100 | 225,099 | $4.6M | 0.82% |
| 41 | CIVISTA BANCSHARES INC | CIVB | 216,410 | $4.4M | 0.79% |
| 42 | CNB FINL CORP PA | 126128107 | 162,457 | $3.9M | 0.71% |
| 43 | BUSINESS FIRST BANCSHARES IN | BFST | 164,024 | $3.9M | 0.69% |
| 44 | NATIONAL BANKSHARES INC VA | NBHC | 128,497 | $3.8M | 0.68% |
| 45 | PROVIDENT FINL HLDGS INC | 743868101 | 230,822 | $3.6M | 0.65% |
| 46 | WESTERN NEW ENG BANCORP INC | 958892101 | 287,393 | $3.5M | 0.62% |
| 47 | FIFTH DIST BANCORP INC | 316926104 | 248,966 | $3.4M | 0.62% |
| 48 | MIDWESTONE FINL GROUP INC NE | 598511103 | 120,000 | $3.4M | 0.61% |
| 49 | CONNECTONE BANCORP INC | CNOBP | 122,000 | $3.0M | 0.54% |
| 50 | EAGLE BANCORP INC MD | EGBN | 141,541 | $2.9M | 0.51% |
| 51 | OHIO VY BANC CORP | 677719106 | 73,031 | $2.7M | 0.48% |
| 52 | PEOPLES BANCORP N C INC | PEBO | 75,612 | $2.3M | 0.42% |
| 53 | OP BANCORP | OPBK | 156,951 | $2.2M | 0.39% |
| 54 | NORWOOD FINANCIAL CORP | NWFL | 83,764 | $2.1M | 0.38% |
| 55 | JOHN MARSHALL BANCORP INC | JMSB | 104,641 | $2.1M | 0.37% |
| 56 | WATERSTONE FINL INC MD | 94188P101 | 128,559 | $2.0M | 0.36% |
| 57 | PLUMAS BANCORP | PLBC | 45,418 | $2.0M | 0.35% |
| 58 | ORANGE CNTY BANCORP INC | ORANY | 71,444 | $1.8M | 0.32% |
| 59 | OPTIMUMBANK HLDGS INC | OPHC | 389,554 | $1.6M | 0.29% |
| 60 | EAGLE BANCORP MONT INC | 26942G100 | 92,067 | $1.6M | 0.29% |
| 61 | PATHFINDER BANCORP INC MD | PBHC | 87,231 | $1.4M | 0.25% |
| 62 | FIRST INTERNET BANCORP | INBKZ | 56,238 | $1.3M | 0.23% |
| 63 | TIMBERLAND BANCORP INC | TSBK | 35,676 | $1.2M | 0.21% |
| 64 | BEACON FINANCIAL CORP. | BBT | 46,000 | $1.1M | 0.20% |
| 65 | NORTHFIELD BANCORP INC DEL | NFBK | 87,802 | $1.0M | 0.19% |
| 66 | RIVERVIEW BANCORP INC | RVSB | 185,874 | $998,143 | 0.18% |
| 67 | FB BANCORP INC | FBLA | 80,210 | $964,124 | 0.17% |
| 68 | RBB BANCORP | RBB | 50,000 | $938,000 | 0.17% |
| 69 | MIDLAND STATES BANCORP INC | MSBIP | 52,609 | $901,718 | 0.16% |
| 70 | PRINCETON BANCORP INC | BPRN | 27,617 | $879,325 | 0.16% |
| 71 | FIRST BUSINESS FINL SVCS INC | 319390100 | 12,131 | $621,835 | 0.11% |
| 72 | HERITAGE COMM CORP | HTBK | 62,000 | $615,660 | 0.11% |
| 73 | OCEANFIRST FINL CORP | 675234108 | 33,926 | $596,080 | 0.11% |
| 74 | DIME CMNTY BANCSHARES INC | 25432X102 | 19,141 | $570,976 | 0.10% |
| 75 | FIRST BK WILLIAMSTOWN NEW JE | 31931U102 | 34,016 | $554,121 | 0.10% |
| 76 | LAKE SHORE BANCORP INC | LSBK | 42,000 | $546,000 | 0.10% |
| 77 | CHEMUNG FINL CORP | 164024101 | 10,028 | $526,671 | 0.09% |
| 78 | FLUSHING FINL CORP | 343873105 | 38,000 | $524,780 | 0.09% |
| 79 | FIRST FNDTN INC | 32026V104 | 88,000 | $490,160 | 0.09% |
| 80 | CAPITOL FED FINL INC | 14057J101 | 74,887 | $475,532 | 0.09% |
| 81 | TEXAS COMMUNITY BANCSHARES I | TCBS | 24,881 | $402,231 | 0.07% |
| 82 | CB FINL SVCS INC | 12479G101 | 9,906 | $328,978 | 0.06% |
| 83 | OLD SECOND BANCORP INC ILL | OSBC | 12,500 | $216,063 | 0.04% |