13F

Investor

BANC FUNDS CO LLC

CIK 0001029311 · filed 2026-05-14 · SEC filing

13F book

$537.2M

Positions

97

5 new · 6 sold

Largest name

3.9%

Private Bancorp of America, Inc. · PBAM

Est. mark

$21.6M

Price effect on 92 names still held. Flow $10.4M.
NameTickerSharesValueWeightEst. markChange
Private Bancorp of America, Inc.PBAM309.9K$21.1M3.9%$2.97MAdded$4.74M
Old Second Bancorp Inc Ill1.03M$20.7M3.9%$597.4KAdded$3.1M
Unity Bancorp Inc375.5K$19.5M3.6%$41.3KHeld
Avidbank Hldgs Inc665.1K$19M3.5%$1.16MAdded$3.11M
American Business Bank245.8K$17.4M3.2%$1.51MCut$539.5K
California Bancorp831.2K$14.7M2.7%−$727.8KAdded$424K
First Bk Williamstown New Je864.2K$13.8M2.6%−$302.9KAdded$2.99M
West Coast Community Bancorp276.7K$13.1M2.4%$957.1KAdded$1.11M
Merchants Bancorp Ind281.1K$12.1M2.2%$2.16MAdded$3.73M
Metropolitan Bk Hldg Corp142.2K$11.8M2.2%$892.7KAdded$2.01M
Mainstreet Bancshares Inc530.9K$11.8M2.2%$776.4KAdded$3.2M
Primis Financial Corp.FRST873K$11.6M2.2%−$496.9KAdded$621.3K
Texas Cap Bancshares Inc119.8K$11.4M2.1%$519.8KHeld
Alpine Banks of ColoradoALPIB204.3K$9.77M1.8%$1.63MCut$321.4K
Peapack-Gladstone Finl Corp273.9K$9.65M1.8%$2.02MCut$1.35M
Southern First Bancshares IncSFST171.7K$9.36M1.7%$511.5KHeld
Banc Of California Inc519.7K$9.14M1.7%−$888.8KHeld
First Business Finl Svcs Inc166.2K$8.96M1.7%−$61.5KHeld
First Westn Finl Inc348.4K$8.56M1.6%−$771.8KAdded−$714.9K
Colony Bankcorp IncCBAN419.5K$8.38M1.6%$901.9KCut$759.3K
Connectone Bancorp Inc310.2K$8.3M1.5%$125.3KAdded$2.33M
Alerus Finl Corp349.2K$8.28M1.5%$255.8KAdded$3.44M
Investar Hldg CorpISTR306.9K$8.2M1.5%$0Held
Mountain Commerce Bancorp351.3K$8M1.5%−$24.6KHeld
Blue Ridge Bankshares Inc Va1.89M$7.93M1.5%−$132.2KCut−$730K
Meridian CorpMRBK369.3K$7M1.3%$442.9KAdded$1.36M
Triumph Financial Inc117.1K$6.99M1.3%−$347.9KHeld
Mid Penn Bancorp IncMPB208K$6.69M1.2%$237.1KHeld
Mercantile Bk Corp131.2K$6.62M1.2%$314KAdded$330.1K
Coastal Carolina Bancshares In466.8K$6.49M1.2%$429.4KHeld
Cnb Finl Corp Pa222.4K$6.44M1.2%$605.9KAdded$756.5K
Third Coast Bancshares, Inc.TCBX169.1K$6.4M1.2%−$28.4KAdded$408.9K
Business First Bancshares In234.3K$6.33M1.2%$171.5KAdded$1.35M
Orange Cnty Bancorp Inc197.5K$6.32M1.2%$677.5KHeld
Firstsun Cap Bancorp168.5K$6.14M1.1%−$198KHeld
Smartfinancial Inc.SMBK150.1K$5.87M1.1%$313.7KCut−$1.55M
United Sec Bancshares Calif532.3K$5.59M1.0%$234.2KCut$193.9K
Princeton Bancorp, Inc.BPRN153.9K$5.2M1.0%−$141.6KHeld
Studio Bank429.1K$5.19M1.0%$102.2KAdded$139.7K
Bank7 Corp.BSVN128.5K$5.13M1.0%−$141.4KHeld
First Reliance Bancshares, Inc.341.3K$4.74M0.9%$559.8KCut$442.1K
White River Bancshares CoWRIV89K$4.72M0.9%$312.4KHeld
Bankwell Finl Group Inc96.4K$4.68M0.9%$260.3KHeld
First Capital Bancshares, Inc.359K$4.38M0.8%$190.3KCut$169K
Bank of San Francisco115.1K$4.32M0.8%New
Commerce Bancshares Inc86.8K$4.27M0.8%New
River City Bank101.6K$4.27M0.8%−$188.9KAdded−$154.5K
Citizens Cmnty Bancorp Inc M206.1K$4.08M0.8%$408KCut−$308.9K
South Atlantic Bancshares, Inc.179.4K$4.07M0.8%$527.4KCut$525.4K
Oregon Pacific Bancorp361.9K$3.97M0.7%−$115.8KHeld
Amerant Bancorp Inc.AMTB180K$3.97M0.7%$455.4KHeld
Community Heritage Financial I125.4K$3.89M0.7%$393.5KAdded$1.31M
Blueharbor Bank96.4K$3.86M0.7%$848.3KCut$842.1K
Sierra BancorpBSRR113.3K$3.84M0.7%$140.4KCut−$126.5K
First Northern Community BancorpFNRN234.2K$3.72M0.7%$592.5KCut−$309.5K
Summit Bank Group Inc190.5K$3.71M0.7%$278.1KHeld
Shore Bancshares IncSHBI195.6K$3.65M0.7%$195.6KCut$36.4K
Linkbancorp Inc401.6K$3.35M0.6%$32.1KHeld
First Internet Bancorp162.2K$3.31M0.6%−$79.5KHeld
FVCBankcorp, Inc.FVCB214.1K$3.25M0.6%$274KHeld
Five Star BancorpFSBC85.9K$3.24M0.6%$166.7KCut−$191.1K
First Busey Corp127.1K$3.21M0.6%$111.9KAdded$1.41M
Endeavor BancorpEDVR167.7K$2.74M0.5%−$65.7KAdded$1.02M
Summit St Bk Santa Rosa Cali199.2K$2.66M0.5%$336.2KAdded$416.4K
First Fndtn Inc432.4K$2.55M0.5%−$112.4KHeld
Eagle Finl Svcs Inc65K$2.27M0.4%−$313KHeld
Mvb Finl Corp91.2K$2.27M0.4%−$35KAdded$1.36M
Capital Bancorp Inc Md75.3K$2.24M0.4%$33.6KAdded$1.64M
Commencement Bancorp, Inc.130.7K$2.19M0.4%$9.15KHeld
Fsbh Corp135.3K$2.16M0.4%$0Held
American Riviera Bancorp89.4K$2.11M0.4%−$26.8KCut−$144.7K
CoastalSouth Bancshares, Inc.COSO85.7K$2.11M0.4%$114.9KHeld
Psb Hldgs Inc Wis74.8K$2.07M0.4%$122.7KCut$44.4K
Pinnacle Finl Partners Inc Com21.8K$1.88M0.4%New
Fb Finl Corp35.5K$1.84M0.3%−$137KCut−$5.61M
Bridgewater Bancshares Inc101.5K$1.8M0.3%$17.3KHeld
Uscb Financial Holdings, Inc.USCB95.6K$1.77M0.3%$11.5KHeld
Pinnacle Bankshares Corp Com37.5K$1.75M0.3%$43.8KHeld
Hanover Bancorp Inc76.8K$1.66M0.3%−$116.7KCut−$548.9K
Bancorp 34, Inc.BCTF106.9K$1.6M0.3%$140.7KCut−$622.7K
Renasant CorpRNST41.9K$1.51M0.3%$38.1KHeld
Grand River Commerce, Inc.357.4K$1.49M0.3%$128.7KHeld
Mission Valley Bancorp78.5K$1.45M0.3%$78.5KHeld
F&M Bank CorpFMBM47.1K$1.44M0.3%$81.5KHeld
Townebank Portsmouth Va40.8K$1.37M0.3%New
First Natl Corp49.4K$1.33M0.2%$83KCut−$197.2K
Bancorp Inc Del23.6K$1.27M0.2%−$325.3KHeld
Somerset Tr Hldg Co16K$1.14M0.2%$47KAdded$347.4K
Pacific West Bancorp Ord92.9K$1.08M0.2%−$27.9KHeld
Byline Bancorp, Inc.BY34.2K$1.08M0.2%$82.7KCut−$63.1K
SouthPoint Bancshares, Inc.74.9K$1.05M0.2%−$33.7KCut−$84.3K
Heritage Comm Corp75.1K$937.7K0.2%$35.3KCut−$521.9K
Lake Ridge Bancorp7.08K$920.9K0.2%New
Pinnacle Bank44.5K$723.4K0.1%−$138KHeld
BayFirst Financial Corp.BAFN91.7K$582.2K0.1%−$137.5KHeld
First Cmnty Corp S C16.3K$476.9K0.1%−$6.85KCut−$748.1K
Potomac Banc12.4K$245.5K0.0%$2.52KAdded$190.9K

Positions as of Q1 2026. 13F filings arrive up to 45 days after quarter-end and omit shorts. Values are quarter-end marks, as filed. Estimated mark is the price effect on shares still held — not realized P&L or investment advice.