BANC FUNDS CO LLC

Est. AUM

$537.2M

13F long equity, this entity only

Positions

Period

Mar 2026 (Q1)

SEC EDGAR

View filings ↗

Mar 2026 (Q1)

#	Issuer	Class	Value	Shares	% Portfolio	Discretion
1	Private Bancorp of America, Inc.	Common Stock	$21.1M	309859	3.92%	SOLE
2	Old Second Bancorp, Inc.	Common Stock	$20.7M	1029143	3.86%	SOLE
3	Unity Bancorp, Inc.	Common Stock	$19.5M	375469	3.62%	SOLE
4	Avidbank Holdings, Inc.	Common Stock	$19.0M	665100	3.53%	SOLE
5	American Business Bank	Common Stock	$17.4M	245773	3.25%	SOLE
6	California BanCorp.	Common Stock	$14.7M	831155	2.74%	SOLE
7	First Bank	Common Stock	$13.8M	864205	2.57%	SOLE
8	West Coast Community Bancorp	Common Stock	$13.1M	276651	2.45%	SOLE
9	Merchants Bancorp	Common Stock	$12.1M	281062	2.25%	SOLE
10	Metropolitan Bank Holding Corp.	Common Stock	$11.8M	142221	2.21%	SOLE
11	MainStreet Bancshares, Inc.	Common Stock	$11.8M	530941	2.19%	SOLE
12	Primis Financial Corporation	Common Stock	$11.6M	872961	2.16%	SOLE
13	Texas Capital Bancshares, Inc.	Common Stock	$11.4M	119762	2.12%	SOLE
14	Alpine Banks of Colorado	Common Stock	$9.8M	204321	1.82%	SOLE
15	Peapack-Gladstone Financial Corporation	Common Stock	$9.6M	273947	1.80%	SOLE
16	Southern First Bancshares, Inc.	Common Stock	$9.4M	171655	1.74%	SOLE
17	Banc of California, Inc.	Common Stock	$9.1M	519738	1.70%	SOLE
18	First Business Financial Services, Inc.	Common Stock	$9.0M	166224	1.67%	SOLE
19	First Western Financial, Inc.	Common Stock	$8.6M	348404	1.59%	SOLE
20	Colony Bankcorp Inc.	Common Stock	$8.4M	419478	1.56%	SOLE
21	ConnectOne Bancorp, Inc.	Common Stock	$8.3M	310195	1.55%	SOLE
22	Alerus Financial Corporation	Common Stock	$8.3M	349165	1.54%	SOLE
23	Investar Holding Corporation	Common Stock	$8.2M	306896	1.53%	SOLE
24	Mountain Commerce Bancorp	Common Stock	$8.0M	351330	1.49%	SOLE
25	Blue Ridge Bankshares, Inc.	Common Stock	$7.9M	1889033	1.48%	SOLE
26	Meridian Bank	Common Stock	$7.0M	369333	1.30%	SOLE
27	Triumph Bancorp, Inc.	Common Stock	$7.0M	117136	1.30%	SOLE
28	Mid Penn Bank	Common Stock	$6.7M	207982	1.25%	SOLE
29	Mercantile Bank Corporation	Common Stock	$6.6M	131160	1.23%	SOLE
30	Coastal Carolina Bancshares, Inc.	Common Stock	$6.5M	466771	1.21%	SOLE
31	CNB Financial Corporation	Common Stock	$6.4M	222375	1.20%	SOLE
32	Third Coast Bancshares	Common Stock	$6.4M	169064	1.19%	SOLE
33	Business First Bancshares, Inc.	Common Stock	$6.3M	234257	1.18%	SOLE
34	Orange County Bancorp, Inc.	Common Stock	$6.3M	197536	1.18%	SOLE
35	FirstSun Capital Bancorp	Common Stock	$6.1M	168489	1.14%	SOLE
36	SmartFinancial, Inc.	Common Stock	$5.9M	150087	1.09%	SOLE
37	United Security Bankshares	Common Stock	$5.6M	532316	1.04%	SOLE
38	Princeton Bancorp, Inc.	Common Stock	$5.2M	153926	0.97%	SOLE
39	Studio Bank	Common Stock	$5.2M	429056	0.97%	SOLE
40	Bank7 Corp	Common Stock	$5.1M	128519	0.95%	SOLE
41	First Reliance Bancshares, Inc.	Common Stock	$4.7M	341313	0.88%	SOLE
42	White River Bancshares Company	Common Stock	$4.7M	89000	0.88%	SOLE
43	Bankwell Financial Group, Inc.	Common Stock	$4.7M	96423	0.87%	SOLE
44	First Capital Bancshares, Inc.	Common Stock	$4.4M	358995	0.81%	SOLE
45	Bank of San Francisco	Common Stock	$4.3M	115072	0.80%	SOLE
46	Commerce Bancshares, Inc. MO	Common Stock	$4.3M	86774	0.79%	SOLE
47	River City Bank	Common Stock	$4.3M	101590	0.79%	SOLE
48	Citizens Community Bancorp, Inc.	Common Stock	$4.1M	206055	0.76%	SOLE
49	South Atlantic Bancshares, Inc.	Common Stock	$4.1M	179396	0.76%	SOLE
50	Oregon Pacific Bancorp	Common Stock	$4.0M	361932	0.74%	SOLE

1–50 of 97

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Values in USD (reported in $thousands on 13F). Source: SEC EDGAR.