13F HOLDINGS REPORT

BANC FUNDS CO LLC

Quarter ended Q1 2024 · Filed May 13, 2024 · Accession 0001567619-24-000315

Total Value

$884,708

Positions

134

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (134)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	Old Second Bancorp, Inc.	OSBC	2,088,062	$28,899	3.27%
2	Unity Bancorp, Inc.	UNTY	980,744	$27,069	3.06%
3	Triumph Bancorp, Inc.	TFIN-P	304,243	$24,133	2.73%
4	American Business Bank	02475L105	580,335	$21,472	2.43%
5	First Bank	31931U102	1,537,098	$21,120	2.39%
6	FineMark Holdings, Inc.	31788B108	824,344	$20,815	2.35%
7	Primis Financial Corporation	FRST	1,695,396	$20,633	2.33%
8	CrossFirst Bankshares, Inc.	22766M109	1,485,780	$20,563	2.32%
9	Southern States Bancshares, Inc.	SOMN	735,343	$19,060	2.15%
10	Merchants Bancorp	MBINN	416,815	$17,998	2.03%
11	Peapack-Gladstone Financial Corporation	704699107	705,799	$17,172	1.94%
12	First Business Financial Services	319390100	457,725	$17,165	1.94%
13	Banc of California, Inc.	BANC-PF	1,048,229	$15,944	1.80%
14	West Coast Community Bancorp	952170108	551,267	$15,430	1.74%
15	Mercantile Bank Corporation	587376104	394,729	$15,193	1.72%
16	Texas Capital Bancshares, Inc.	88224Q107	244,405	$15,043	1.70%
17	Orange County Bancorp	ORANY	321,822	$14,804	1.67%
18	Avidbank Holdings, Inc.	AVBH	713,197	$13,722	1.55%
19	Southern First Bancshares, Inc.	SFST	399,213	$12,679	1.43%
20	First Internet Bancorp	INBKZ	364,296	$12,656	1.43%
21	Private Bancorp of America, Inc.	74274F100	365,065	$12,467	1.41%
22	California BanCorp	BCAL	564,521	$12,419	1.40%
23	Colony Bankcorp Inc.	CBAN	1,069,772	$12,302	1.39%
24	Alerus Financial Corporation	01446U103	543,586	$11,866	1.34%
25	Alpine Banks of Colorado	ALPIB	417,171	$11,472	1.30%
26	SmartFinancial, Inc.	SMBK	541,148	$11,402	1.29%
27	First Western Financial, Inc.	33751L105	766,386	$11,174	1.26%
28	MainStreet Bancshares, Inc.	MNSBP	607,662	$11,035	1.25%
29	Business First Bancshares, Inc.	BFST	478,003	$10,650	1.20%
30	Mountain Commerce Bancorp	624004107	580,595	$10,596	1.20%
31	First Foundation Inc.	32026V104	1,353,054	$10,216	1.15%
32	CNB Financial Corporation	126128107	497,188	$10,138	1.15%
33	Investar Holding Corporation	ISTR	609,617	$9,973	1.13%
34	Third Coast Bancshares	TCBX	487,654	$9,763	1.10%
35	Bank7 Corp	BSVN	342,600	$9,661	1.09%
36	Princeton Bancorp, Inc.	BPRN	309,016	$9,512	1.08%
37	ConnectOne Bancorp, Inc.	CNOBP	478,086	$9,323	1.05%
38	Mid Penn Bank	MPB	459,827	$9,201	1.04%
39	Citizens Community Bancorp, Inc.	CIA	751,796	$9,134	1.03%
40	Metropolitan Bank Holding Corp.	591774104	235,664	$9,073	1.03%
41	Sierra Bancorp	BSRR	436,746	$8,822	1.00%
42	Lakeland Bancorp, Inc.	511637100	685,506	$8,295	0.94%
43	FirstSun Capital Bancorp	33767U107	222,396	$7,951	0.90%
44	Fentura Financial, Inc.	314645102	322,749	$7,875	0.89%
45	Meridian Bank	MRDN	785,703	$7,794	0.88%
46	First Northern Community Bancorp	FNRN	856,537	$7,743	0.88%
47	Byline Bancorp, Inc.	BY	342,595	$7,441	0.84%
48	Bankwell Financial Group, Inc.	06654A103	282,623	$7,331	0.83%
49	PSB Holdings, Inc.	69360N108	315,456	$6,703	0.76%
50	LinkBancorp	LNKB	943,047	$6,545	0.74%
51	United Bancorporation of Alabama, Inc.	UNTCW	145,699	$6,119	0.69%
52	American Riviera Bancorp	02933K103	380,946	$6,081	0.69%
53	Veritex Holdings, Inc.	923451108	293,000	$6,004	0.68%
54	River City Bank	76803X106	23,168	$5,806	0.66%
55	Shore Bancshares, Inc.	SHBI	484,836	$5,576	0.63%
56	Cambridge Bancorp	132152109	78,928	$5,380	0.61%
57	Prime Meridian Holding Company	74164R107	235,776	$5,095	0.58%
58	Merchants Financial Group, Inc.	588538108	212,948	$5,058	0.57%
59	CoastalSouth Bancshares, Inc.	COSO	299,973	$5,025	0.57%
60	Heritage Commerce Corp	HTBK	573,639	$4,922	0.56%
61	Oregon Pacific Bancorp	686040205	661,386	$4,782	0.54%
62	Summit State Bank	866264203	439,395	$4,767	0.54%
63	First Reliance Bancshares, Inc.	33615Q100	568,584	$4,634	0.52%
64	South Atlantic Bancshares, Inc.	83636T104	414,633	$4,519	0.51%
65	Southern BancShares (N.C.), Inc.	SOMN	780	$4,485	0.51%
66	Traditions Bancorp, Inc.	89269L102	252,235	$4,427	0.50%
67	United Security Bankshares	UNTCW	559,227	$4,312	0.49%
68	Foresight Financial Group, Inc.	FGFH	142,598	$4,135	0.47%
69	Five Star Bancorp	FSBC	172,819	$3,888	0.44%
70	Enterprise Bancorp, Inc.	293668109	148,889	$3,867	0.44%
71	First Capital Bancshares, Inc.	FCAP	414,296	$3,853	0.44%
72	Southern California Bancorp	BCAL	246,737	$3,679	0.42%
73	Bay Community Bancorp	072205107	498,316	$3,663	0.41%
74	First Virginia Community Bank	FVCB	297,221	$3,620	0.41%
75	Community Heritage Financial Inc.	20370L103	206,558	$3,615	0.41%
76	Pinnacle Bank	72346K107	229,128	$3,551	0.40%
77	Origin Bancorp Inc.	OBK	111,142	$3,472	0.39%
78	Hanover Bancorp Inc.	HNVR	228,440	$3,385	0.38%
79	First Community Corporation	319835104	188,775	$3,290	0.37%
80	SouthPoint Bancshares, Inc.	844647107	109,704	$3,236	0.37%
81	HBT Financial, Inc.	404111106	164,580	$3,134	0.35%
82	Studio Bank	864001102	308,974	$3,105	0.35%
83	Coastal Carolina Bancshares, Inc.	CCNB	311,992	$3,064	0.35%
84	Blue Ridge Bankshares, Inc.	BRBS	1,127,414	$3,033	0.34%
85	CapStar Financial Holdings, Inc.	14070T102	173,671	$3,024	0.34%
86	1st Capital Bancorp	319427100	266,658	$2,973	0.34%
87	First National Corporation	32106V107	182,133	$2,961	0.33%
88	Silvercrest Asset Management Group Inc.	828359109	183,431	$2,900	0.33%
89	Northway Financial, Inc.	667270201	155,038	$2,899	0.33%
90	Commencement Bancorp, Inc.	20051D107	274,560	$2,746	0.31%
91	Dime Community Bancshares, Inc	25432X102	136,261	$2,624	0.30%
92	Mission Valley Bancorp	60520E104	188,542	$2,611	0.30%
93	Oak Valley Bancorp	671807105	104,888	$2,599	0.29%
94	Sterling Bancorp, Inc.	85917W102	502,061	$2,591	0.29%
95	White River Bancshares Company	WRIV	42,888	$2,488	0.28%
96	USCB Financial Holdings Inc.	USCB	209,730	$2,391	0.27%
97	Blueharbor Bank	095613105	119,202	$2,384	0.27%
98	WEX Inc.	WEX	9,955	$2,365	0.27%
99	Pinnacle Bankshares Corporation	72345E102	81,682	$2,325	0.26%
100	McHenry Bancorp, Inc.	580683209	60,000	$2,295	0.26%
101	1st Colonial Bancorp	319716106	146,144	$2,243	0.25%
102	MVB Financial Corp.	553810102	96,489	$2,153	0.24%
103	Tri City Bankshares Corporation	895364107	171,041	$2,035	0.23%
104	Malaga Financial Corporation	561046103	87,304	$1,973	0.22%
105	BayFirst Financial Corp.	BAFN	150,272	$1,946	0.22%
106	Grand River Commerce, Inc.	386441109	675,014	$1,924	0.22%
107	ES Bancshares, Inc.	296049109	335,445	$1,761	0.20%
108	Bridgewater Bancshares, Inc.	BWBBP	146,079	$1,700	0.19%
109	The Bancorp, Inc.	TBBK	50,092	$1,676	0.19%
110	FSBH Corp	30325F101	176,250	$1,410	0.16%
111	Summit Bank Group, Inc.	86603R100	112,901	$1,231	0.14%
112	Bancorp 34, Inc.	BCTF	142,857	$1,207	0.14%
113	Bank of Botetourt	063907208	39,624	$1,128	0.13%
114	Pacific West Bancorp	69506J102	145,715	$1,093	0.12%
115	Cashmere Valley Bank	14756K102	21,387	$1,069	0.12%
116	Cornerstone Financial Corporation	21925G201	150,000	$1,067	0.12%
117	Community First Bancorporation	203916101	137,141	$987	0.11%
118	Oak Ridge Financial Services, Inc.	671768109	55,364	$969	0.11%
119	Equity Bancshares, Inc.	EQBK	27,281	$938	0.11%
120	BCB Bancorp, Inc.	BCBP	81,896	$856	0.10%
121	i3 Verticals, Inc.	IIIV	35,300	$808	0.09%
122	CNB Corporation	12612R105	14,348	$760	0.09%
123	Bank of the James Financial Group, Inc.	470299108	68,443	$709	0.08%
124	Endeavor Bancorp	EDVR	63,010	$655	0.07%
125	Village Bank and Trust Financial Corp.	92705T200	14,381	$611	0.07%
126	Riverview Bancorp, Inc.	RVSB	126,344	$596	0.07%
127	First Farmers and Merchants Corporation	320148109	20,092	$583	0.07%
128	Live Oak Bancshares	LOB-PA	12,750	$529	0.06%
129	Capital Bancorp, Inc.	CBNK	24,022	$500	0.06%
130	Potomac Bancshares, Inc.	737643106	33,492	$499	0.06%
131	Codorus Valley Bancorp, Inc.	192025104	17,836	$406	0.05%
132	Open Lending Corporation	LPRO	34,220	$214	0.02%
133	Shift4 Payments	82452J109	2,880	$190	0.02%
134	AMB Financial Corp.	001984103	3,902	$77	0.01%