Q2 2025 · 13F-HR
BANC FUNDS CO LLCholdings as filed
Filed 2025-08-14 · accession 0001029311-25-000009
$661.6M
Reported value
115
Positions
2025-06-30
Period end
The Brief · BANC FUNDS CO LLC · Q2 2025
AI · grounded in 13F
BANC FUNDS CO LLC established a new position in Unity Bancorp, Inc. UNTY valued at $24.7M. The fund also initiated new stakes in FineMark Holdings, Inc. FNBT for $22.1M and Old Second Bancorp, Inc. OSBC for $20.5M. Additional new positions include Private Bancorp of America, Inc. PBAM and California BanCorp. BCAL.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 913290102 | UNTY | Unity Bancorp, Inc. | $24.7M | 3.73% | 524,218 | Common | SOLE |
| 31788B108 | FNBT | FineMark Holdings, Inc. | $22.1M | 3.34% | 535,265 | Common | SOLE |
| 680277100 | OSBC | Old Second Bancorp, Inc. | $20.5M | 3.10% | 1,157,378 | Common | SOLE |
| 74274F100 | PBAM | Private Bancorp of America, Inc. | $18.0M | 2.73% | 332,531 | Common | SOLE |
| 84252A106 | BCAL | California BanCorp. | $15.7M | 2.37% | 993,400 | Common | SOLE |
| 31931U102 | FRBA | First Bank | $15.3M | 2.32% | 991,249 | Common | SOLE |
| 74167B109 | FRST | Primis Financial Corporation | $14.9M | 2.25% | 1,369,088 | Common | SOLE |
| 02475L105 | AMBZ | American Business Bank | $14.8M | 2.24% | 347,447 | Common | SOLE |
| 952170108 | WCCB | West Coast Community Bancorp | $14.2M | 2.15% | 363,820 | Common | SOLE |
| 843878307 | SSBK | Southern States Bancshares, Inc. | $13.9M | 2.10% | 382,380 | Common | SOLE |
| 05368J103 | AVBH | Avidbank Holdings, Inc. | $13.7M | 2.07% | 670,039 | Common | SOLE |
| 319390100 | FBIZ | First Business Financial Services, Inc. | $13.4M | 2.03% | 264,477 | Common | SOLE |
| 704699107 | PGC | Peapack-Gladstone Financial Corporation | $13.1M | 1.97% | 462,399 | Common | SOLE |
| 58844R108 | MBIN | Merchants Bancorp | $12.8M | 1.93% | 385,790 | Common | SOLE |
| 56064Y100 | MNSB | MainStreet Bancshares, Inc. | $12.3M | 1.86% | 651,014 | Common | SOLE |
| 88224Q107 | TCBI | Texas Capital Bancshares, Inc. | $11.8M | 1.79% | 149,205 | Common | SOLE |
| 591774104 | MCB | Metropolitan Bank Holding Corp. | $11.1M | 1.68% | 159,054 | Common | SOLE |
| 33751L105 | MYFW | First Western Financial, Inc. | $11.1M | 1.67% | 490,521 | Common | SOLE |
| 842873101 | SFST | Southern First Bancshares, Inc. | $10.9M | 1.65% | 286,704 | Common | SOLE |
| 59540G107 | MPB | Mid Penn Bank | $10.6M | 1.60% | 375,786 | Common | SOLE |
| 89679E300 | TFIN | Triumph Bancorp, Inc. | $10.4M | 1.58% | 189,394 | Common | SOLE |
| 05990K106 | BANC | Banc of California, Inc. | $10.4M | 1.57% | 741,545 | Common | SOLE |
| 19623P101 | CBAN | Colony Bankcorp Inc. | $10.2M | 1.55% | 621,159 | Common | SOLE |
| 320557101 | INBK | First Internet Bancorp | $9.4M | 1.42% | 350,296 | Common | SOLE |
| 126128107 | CCNE | CNB Financial Corporation | $9.3M | 1.41% | 406,776 | Common | SOLE |
| 46134L105 | ISTR | Investar Holding Corporation | $9.3M | 1.40% | 480,906 | Common | SOLE |
| 319383204 | BUSE | First Busey Corporation | $9.3M | 1.40% | 405,929 | Common | SOLE |
| 624004107 | MCBI | Mountain Commerce Bancorp | $9.2M | 1.40% | 464,783 | Common | SOLE |
| 587376104 | MBWM | Mercantile Bank Corporation | $9.1M | 1.37% | 195,152 | Common | SOLE |
| 01446U103 | ALRS | Alerus Financial Corporation | $8.6M | 1.30% | 398,538 | Common | SOLE |
| 12326C105 | BFST | Business First Bancshares, Inc. | $8.6M | 1.29% | 347,116 | Common | SOLE |
| 68417L107 | OBT | Orange County Bancorp, Inc. | $8.5M | 1.29% | 329,956 | Common | SOLE |
| 020810107 | ALPIB | Alpine Banks of Colorado | $8.5M | 1.29% | 315,338 | Common | SOLE |
| 095825105 | BRBS | Blue Ridge Bankshares, Inc. | $8.4M | 1.27% | 2,341,902 | Common | SOLE |
| 20786W107 | CNOB | ConnectOne Bancorp, Inc. | $7.9M | 1.20% | 342,186 | Common | SOLE |
| 58958P104 | MRBK | Meridian Bank | $7.7M | 1.17% | 600,415 | Common | SOLE |
| 88422P109 | TCBX | Third Coast Bancshares | $7.0M | 1.06% | 215,383 | Common | SOLE |
| 335925103 | FNRN | First Northern Community Bancorp | $7.0M | 1.05% | 715,588 | Common | SOLE |
| 83190L208 | SMBK | SmartFinancial, Inc. | $6.8M | 1.02% | 200,587 | Common | SOLE |
| 32026V104 | FFWM | First Foundation Inc. | $5.8M | 0.88% | 1,143,054 | Common | SOLE |
| 33767U107 | FSUN | FirstSun Capital Bancorp | $5.7M | 0.86% | 163,705 | Common | SOLE |
| 174903104 | CZWI | Citizens Community Bancorp, Inc. | $5.7M | 0.86% | 411,996 | Common | SOLE |
| 06652N107 | BSVN | Bank7 Corp | $5.4M | 0.81% | 128,519 | Common | SOLE |
| 19058X207 | COSO | CoastalSouth Bancshares, Inc. | $5.3M | 0.80% | 247,605 | Common | SOLE |
| 686040205 | ORPB | Oregon Pacific Bancorp | $5.0M | 0.75% | 631,086 | Common | SOLE |
| 825107105 | SHBI | Shore Bancshares, Inc. | $4.8M | 0.72% | 303,809 | Common | SOLE |
| 33615Q100 | FSRL | First Reliance Bancshares, Inc. | $4.7M | 0.72% | 493,284 | Common | SOLE |
| 74179A107 | BPRN | Princeton Bancorp, Inc. | $4.7M | 0.71% | 153,926 | Common | SOLE |
| 923451108 | VBTX | Veritex Holdings, Inc. | $4.7M | 0.71% | 179,895 | Common | SOLE |
| 911460103 | UBFO | United Security Bankshares | $4.6M | 0.70% | 536,316 | Common | SOLE |
| 76803X106 | RCBC | River City Bank | $4.6M | 0.70% | 13,720 | Common | SOLE |
| 53578P105 | LNKB | LinkBancorp | $4.6M | 0.69% | 623,533 | Common | SOLE |
| 06654A103 | BWFG | Bankwell Financial Group, Inc. | $4.6M | 0.69% | 126,377 | Common | SOLE |
| 864001102 | STBK | Studio Bank | $4.3M | 0.64% | 425,956 | Common | SOLE |
| 866264203 | SSBI | Summit State Bank | $4.2M | 0.63% | 385,128 | Common | SOLE |
| 96445A108 | WRIV | White River Bancshares Company | $4.1M | 0.63% | 99,000 | Common | SOLE |
| 293668109 | — | Enterprise Bancorp, Inc. | $4.1M | 0.62% | 103,375 | Common | SOLE |
| 345526107 | FGFH | Foresight Financial Group, Inc. | $4.0M | 0.61% | 131,068 | Common | SOLE |
| 170386106 | COFS | ChoiceOne Financial Services, Inc. | $3.9M | 0.59% | 135,435 | Common | SOLE |
| 31941G101 | FCPB | First Capital Bancshares, Inc. | $3.8M | 0.58% | 368,316 | Common | SOLE |
| 74164R107 | PMHG | Prime Meridian Holding Company | $3.7M | 0.57% | 76,418 | Common | SOLE |
| 20370L103 | CMHF | Community Heritage Financial Inc. | $3.7M | 0.55% | 143,258 | Common | SOLE |
| 190435107 | CCNB | Coastal Carolina Bancshares, Inc. | $3.6M | 0.55% | 324,238 | Common | SOLE |
| 82620P102 | BSRR | Sierra Bancorp | $3.6M | 0.54% | 121,424 | Common | SOLE |
| 410709109 | HNVR | Hanover Bancorp Inc. | $3.1M | 0.47% | 136,929 | Common | SOLE |
| 023576101 | AMTB | Amerant Bancorp Inc. | $3.1M | 0.47% | 170,000 | Common | SOLE |
| 124411109 | BY | Byline Bancorp, Inc. | $2.9M | 0.43% | 107,612 | Common | SOLE |
| 83636T104 | SABK | South Atlantic Bancshares, Inc. | $2.9M | 0.43% | 179,496 | Common | SOLE |
| 02933K103 | ARBV | American Riviera Bancorp | $2.8M | 0.43% | 147,189 | Common | SOLE |
| 69360N108 | PSBQ | PSB Holdings, Inc. | $2.8M | 0.43% | 118,094 | Common | SOLE |
| 33830T103 | FSBC | Five Star Bancorp | $2.7M | 0.41% | 95,919 | Common | SOLE |
| 86603R100 | SBKO | Summit Bank Group, Inc. | $2.7M | 0.41% | 190,501 | Common | SOLE |
| 317585404 | FISI | Financial Institutions, Inc. | $2.7M | 0.40% | 104,000 | Common | SOLE |
| 25432X102 | DCOM | Dime Community Bancshares, Inc. | $2.6M | 0.40% | 97,948 | Common | SOLE |
| 095613105 | BLHK | Blueharbor Bank | $2.6M | 0.39% | 96,602 | Common | SOLE |
| 386441109 | GNRV | Grand River Commerce, Inc. | $2.5M | 0.38% | 675,014 | Common | SOLE |
| 36120Q101 | FVCB | FVCBankcorp Inc. | $2.5M | 0.38% | 214,088 | Common | SOLE |
| 90355N101 | USCB | USCB Financial Holdings Inc. | $2.5M | 0.37% | 149,230 | Common | SOLE |
| 588538108 | MFGI | Merchants Financial Group, Inc. | $2.4M | 0.36% | 96,077 | Common | SOLE |
| 844647107 | SOUB | SouthPoint Bancshares, Inc. | $2.4M | 0.36% | 113,414 | Common | SOLE |
| 680033107 | ONB | Old National Bancorp | $2.3M | 0.35% | 109,251 | Common | SOLE |
| 90944R100 | UBAB | United Bancorporation of Alabama, Inc. | $2.3M | 0.35% | 43,474 | Common | SOLE |
| 084680107 | BBT | Berkshire Hills Bancorp | $2.2M | 0.33% | 86,206 | Common | SOLE |
| 26951R104 | EFSI | Eagle Financial Services Inc. | $2.0M | 0.30% | 65,000 | Common | SOLE |
| 05970V106 | BCTF | Bancorp 34, Inc. | $2.0M | 0.30% | 162,857 | Common | SOLE |
| 20051D107 | CBWA | Commencement Bancorp, Inc. | $2.0M | 0.30% | 161,960 | Common | SOLE |
| 30325F101 | FSBH | FSBH Corp (was First Southern Bank) | $1.9M | 0.29% | 234,250 | Common | SOLE |
| 07279B104 | BAFN | BayFirst Financial Corp. | $1.8M | 0.27% | 125,272 | Common | SOLE |
| 60520E104 | MVLY | Mission Valley Bancorp | $1.6M | 0.24% | 105,117 | Common | SOLE |
| 108621103 | BWB | Bridgewater Bancshares, Inc. | $1.6M | 0.24% | 101,479 | Common | SOLE |
| 72345E102 | PPBN | Pinnacle Bankshares Corporation | $1.6M | 0.24% | 48,382 | Common | SOLE |
| 75970E107 | RNST | Renasant Corporation | $1.5M | 0.23% | 41,875 | Common | SOLE |
| 29260B109 | EDVR | Endeavor Bancorp | $1.5M | 0.22% | 101,072 | Common | SOLE |
| 96208T104 | WEX | WEX Inc. | $1.5M | 0.22% | 9,955 | Common | SOLE |
| 69506J102 | PWBK | Pacific West Bancorp | $1.4M | 0.22% | 135,715 | Common | SOLE |
| 553810102 | MVBF | MVB Financial Corp. | $1.4M | 0.21% | 62,789 | Common | SOLE |
| 895364107 | TRCY | Tri City Bankshares Corporation | $1.4M | 0.20% | 94,772 | Common | SOLE |
| 05969A105 | TBBK | The Bancorp, Inc. | $1.3M | 0.20% | 23,592 | Common | SOLE |
| 32106V107 | FXNC | First National Corporation | $1.3M | 0.19% | 65,880 | Common | SOLE |
| 72346K107 | PBNK | Pinnacle Bank | $1.3M | 0.19% | 63,514 | Common | SOLE |
| 25660B103 | DSBX | Dogwood State Bank | $1.2M | 0.18% | 79,721 | Common | SOLE |
| 426927109 | XHC | Heritage Commerce Corp | $1.2M | 0.18% | 121,539 | Common | SOLE |
| 842243107 | SBNC | Southern BancShares (N.C.), Inc. | $1.0M | 0.16% | 124 | Common | SOLE |
| 319835104 | FCCO | First Community Corporation | $1.0M | 0.15% | 41,317 | Common | SOLE |
| 12612R105 | CNBW | CNB Corporation | $839,358 | 0.13% | 14,348 | Common | SOLE |
| 561046103 | MLGF | Malaga Financial Corporation | $830,332 | 0.13% | 41,269 | Common | SOLE |
| 66661N886 | NPB | Northpointe Bancshares | $822,600 | 0.12% | 60,000 | Common | SOLE |
| 835126103 | SOME | Somerset Trust Holding Company | $624,593 | 0.09% | 11,787 | Common | SOLE |
| 063907208 | BORT | Bank of Botetourt | $580,941 | 0.09% | 16,504 | Common | SOLE |
| 139737100 | CBNK | Capital Bancorp, Inc. | $483,552 | 0.07% | 14,400 | Common | SOLE |
| 737643106 | PTBS | Potomac Bancshares, Inc. | $482,469 | 0.07% | 27,792 | Common | SOLE |
| 319716106 | FCOB | 1st Colonial Bancorp | $477,203 | 0.07% | 29,457 | Common | SOLE |
| 404111106 | HBT | HBT Financial, Inc. | $463,940 | 0.07% | 18,403 | Common | SOLE |
| 53803X105 | LOB | Live Oak Bancshares | $308,430 | 0.05% | 10,350 | Common | SOLE |
| 320148109 | FFMH | First Farmers and Merchants Corporation | $256,131 | 0.04% | 6,129 | 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.