BANC FUNDS CO LLC
13F Reported Value
ⓘ$537.2M
Holdings
97
Latest Filing
2026-03-31
Filing Quarter
Q1 2026
Portfolio Overview
BANC FUNDS CO LLC disclosed 97 positions worth $537.2M in its Form 13F-HR for Q1 2026, followed by $OSBC and $UNTY. During the quarter the fund opened 5 new positions and exited 6. The portfolio is most concentrated in Financials (68.6% of disclosed assets). All figures are sourced directly from BANC FUNDS CO LLC’s Form 13F-HR filing with the SEC under CIK 1029311.
AI Fund Analysis
Concentrating
$OSBC
$UNTY
$AVBH
$CBNKSector Allocation
AUM History
Top Equity Holdings by Value
Quarterly Activity — Q1 2026
Click any card to unlockTop Holdings
Private Bancorp of America, Inc.
—Quality
$21.1M309,859 sh- —
Quality
$20.7M1,029,143 sh - —
Quality
$19.5M375,469 sh - —
Quality
$19.0M665,100 sh American Business Bank
—Quality
$17.4M245,773 sh- —
Quality
$14.7M831,155 sh First Bank
—Quality
$13.8M864,205 shWest Coast Community Bancorp
—Quality
$13.1M276,651 sh- —
Quality
$12.1M281,062 sh - 50.7
Quality
$11.8M142,221 sh
| Company | Quality | Value | Shares |
|---|---|---|---|
| Private Bancorp of America, Inc. | — | $21.1M | 309,859 |
| OLD SECOND BANCORP INC$OSBC | — | $20.7M | 1,029,143 |
| UNITY BANCORP INC /NJ/$UNTY | — | $19.5M | 375,469 |
| Avidbank Holdings, Inc.$AVBH | — | $19.0M | 665,100 |
| American Business Bank | — | $17.4M | 245,773 |
 California BanCorp \ CA$BCAL | — | $14.7M | 831,155 |
| First Bank | — | $13.8M | 864,205 |
| West Coast Community Bancorp | — | $13.1M | 276,651 |
 Merchants Bancorp$MBIN | — | $12.1M | 281,062 |
 Metropolitan Bank Holding Corp.$MCB | 50.7 | $11.8M | 142,221 |
Unlock AI quality scores for every holding
32-signal composite ranking on each of BANC FUNDS CO LLC's 97 positions.
Showing top 10 of 97 holdings.
Sector Allocation
Financials
$368.4M
Other
$168.8M
Full Holdings — BANC FUNDS CO LLC (Q1 2026)
All 97 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.
| # | Ticker | Company | Value | Weight | QoQ | Quality |
|---|---|---|---|---|---|---|
| 1 | — | Private Bancorp of America, Inc. | $21.1M | 3.9% | +9% | — |
| 2 | $OSBC | OLD SECOND BANCORP INC | $20.7M | 3.9% | +14% | — |
| 3 | $UNTY | UNITY BANCORP INC /NJ/ | $19.5M | 3.6% | +0% | — |
| 4 | $AVBH | Avidbank Holdings, Inc. | $19.0M | 3.5% | +12% | — |
| 5 | — | American Business Bank | $17.4M | 3.3% | -6% | — |
| 6 | $BCAL | California BanCorp \ CA | $14.7M | 2.7% | +8% | — |
| 7 | — | First Bank | $13.8M | 2.6% | +31% | — |
| 8 | — | West Coast Community Bancorp | $13.1M | 2.5% | +1% | — |
| 9 | $MBIN | Merchants Bancorp | $12.1M | 2.3% | +15% | — |
| 10 | $MCB | Metropolitan Bank Holding Corp. | $11.8M | 2.2% | +10% | 50.7 |
| 11 |  $MNSB | MainStreet Bancshares, Inc. | $11.8M | 2.2% | +26% | 52.5 |
| 12 |  $FRST | Primis Financial Corp. | $11.6M | 2.2% | +11% | — |
| 13 |  $TCBI | TEXAS CAPITAL BANCSHARES INC/TX | $11.4M | 2.1% | +0% | — |
| 14 | — | Alpine Banks of Colorado | $9.8M | 1.8% | -14% | — |
| 15 |  $PGC | PEAPACK GLADSTONE FINANCIAL CORP | $9.6M | 1.8% | -8% | 60.1 |
| 16 |  $SFST | SOUTHERN FIRST BANCSHARES INC | $9.4M | 1.7% | +0% | 61.8 |
| 17 |  $BANC | BANC OF CALIFORNIA, INC. | $9.1M | 1.7% | +0% | 68.3 |
| 18 |  $FBIZ | FIRST BUSINESS FINANCIAL SERVICES, INC. | $9.0M | 1.7% | +0% | — |
| 19 |  $MYFW | First Western Financial Inc | $8.6M | 1.6% | +1% | 53.1 |
| 20 |  $CBAN | COLONY BANKCORP INC | $8.4M | 1.6% | -2% | — |
| 21 |  $CNOB | ConnectOne Bancorp, Inc. | $8.3M | 1.6% | +36% | — |
| 22 |  $ALRS | ALERUS FINANCIAL CORP | $8.3M | 1.5% | +62% | — |
| 23 |  $ISTR | Investar Holding Corp | $8.2M | 1.5% | +0% | — |
| 24 | — | Mountain Commerce Bancorp | $8.0M | 1.5% | +0% | — |
| 25 |  $BRBS | BLUE RIDGE BANKSHARES, INC. | $7.9M | 1.5% | -7% | — |
| 26 |  $MRBK | Meridian Corp | $7.0M | 1.3% | +15% | 62.4 |
| 27 |  $TFIN | Triumph Financial, Inc. | $7.0M | 1.3% | +0% | — |
| 28 |  $MPB | MID PENN BANCORP INC | $6.7M | 1.3% | +0% | — |
| 29 |  $MBWM | MERCANTILE BANK CORP | $6.6M | 1.2% | +0% | — |
| 30 | — | Coastal Carolina Bancshares, Inc. | $6.5M | 1.2% | +0% | — |
| 31 |  $CCNE | CNB FINANCIAL CORP/PA | $6.4M | 1.2% | +2% | — |
| 32 |  $TCBX | Third Coast Bancshares, Inc. | $6.4M | 1.2% | +7% | — |
| 33 |  $BFST | Business First Bancshares, Inc. | $6.3M | 1.2% | +23% | 60.9 |
| 34 |  $OBT | Orange County Bancorp, Inc. /DE/ | $6.3M | 1.2% | +0% | — |
| 35 |  $FSUN | FIRSTSUN CAPITAL BANCORP | $6.1M | 1.1% | +0% | — |
| 36 |  $SMBK | SMARTFINANCIAL INC. | $5.9M | 1.1% | -25% | — |
| 37 |  $UBFO | UNITED SECURITY BANCSHARES | $5.6M | 1.0% | -1% | 53.1 |
| 38 |  $BPRN | Princeton Bancorp, Inc. | $5.2M | 1.0% | +0% | — |
| 39 | — | Studio Bank | $5.2M | 1.0% | +1% | — |
| 40 |  $BSVN | Bank7 Corp. | $5.1M | 0.9% | +0% | — |
| 41 | — | First Reliance Bancshares, Inc. | $4.7M | 0.9% | -3% | — |
| 42 | — | White River Bancshares Company | $4.7M | 0.9% | +0% | — |
| 43 |  $BWFG | Bankwell Financial Group, Inc. | $4.7M | 0.9% | +0% | 65.9 |
| 44 | — | First Capital Bancshares, Inc. | $4.4M | 0.8% | -1% | — |
| 45 | — | Bank of San Francisco | $4.3M | 0.8% | NEW | — |
| 46 |  $CBSH | COMMERCE BANCSHARES INC /MO/ | $4.3M | 0.8% | NEW | — |
| 47 | — | River City Bank | $4.3M | 0.8% | +1% | — |
| 48 |  $CZWI | Citizens Community Bancorp Inc. | $4.1M | 0.8% | -16% | — |
| 49 | — | South Atlantic Bancshares, Inc. | $4.1M | 0.8% | -0% | — |
| 50 | — | Oregon Pacific Bancorp | $4.0M | 0.7% | +0% | — |
| 51 |  $AMTB | Amerant Bancorp Inc. | $4.0M | 0.7% | +0% | — |
| 52 | — | Community Heritage Financial Inc. | $3.9M | 0.7% | +31% | — |
| 53 | — | Blueharbor Bank | $3.9M | 0.7% | -0% | — |
| 54 |  $BSRR | SIERRA BANCORP | $3.8M | 0.7% | -7% | — |
| 55 | — | First Northern Community Bancorp | $3.7M | 0.7% | -22% | — |
| 56 | — | Summit Bank Group, Inc. | $3.7M | 0.7% | +0% | — |
| 57 |  $SHBI | SHORE BANCSHARES INC | $3.7M | 0.7% | -4% | 64 |
| 58 |  $LNKB | LINKBANCORP, Inc. | $3.3M | 0.6% | +0% | 48.3 |
| 59 |  $INBK | First Internet Bancorp | $3.3M | 0.6% | +0% | — |
| 60 |  $FVCB | FVCBankcorp, Inc. | $3.3M | 0.6% | +0% | 60.1 |
| 61 |  $FSBC | FIVE STAR BANCORP | $3.2M | 0.6% | -10% | — |
| 62 |  $BUSE | FIRST BUSEY CORP /NV/ | $3.2M | 0.6% | +68% | 52.6 |
| 63 | — | Endeavor Bancorp | $2.7M | 0.5% | +66% | — |
| 64 | — | Summit State Bank | $2.7M | 0.5% | +3% | — |
| 65 |  $FFWM | First Foundation Inc. | $2.6M | 0.5% | +0% | 25.6 |
| 66 |  $EFSI | EAGLE FINANCIAL SERVICES INC | $2.3M | 0.4% | +0% | — |
| 67 |  $MVBF | MVB FINANCIAL CORP | $2.3M | 0.4% | +160% | — |
| 68 | $CBNK | Capital Bancorp Inc | $2.2M | 0.4% | +252% | — |
| 69 | — | Commencement Bancorp, Inc. | $2.2M | 0.4% | +0% | — |
| 70 | — | FSBH Corp (was First Southern Bank) | $2.2M | 0.4% | +0% | — |
| 71 | — | American Riviera Bancorp | $2.1M | 0.4% | -5% | — |
| 72 |  $COSO | CoastalSouth Bancshares, Inc. | $2.1M | 0.4% | +0% | 43.1 |
| 73 | — | PSB Holdings, Inc. | $2.1M | 0.4% | -4% | — |
| 74 |  $PNFP | Pinnacle Financial Partners, Inc. | $1.9M | 0.3% | NEW | — |
| 75 |  $FBK | FB Financial Corp | $1.8M | 0.3% | -73% | — |
| 76 |  $BWB | Bridgewater Bancshares Inc | $1.8M | 0.3% | +0% | — |
| 77 |  $USCB | USCB FINANCIAL HOLDINGS, INC. | $1.8M | 0.3% | +0% | — |
| 78 | — | Pinnacle Bankshares Corporation | $1.7M | 0.3% | +0% | — |
| 79 |  $HNVR | Hanover Bancorp, Inc. /MD | $1.7M | 0.3% | -20% | — |
| 80 | — | Bancorp 34, Inc. | $1.6M | 0.3% | -34% | — |
| 81 |  $RNST | RENASANT CORP | $1.5M | 0.3% | +0% | — |
| 82 | — | Grand River Commerce, Inc. | $1.5M | 0.3% | +0% | — |
| 83 | — | Mission Valley Bancorp | $1.5M | 0.3% | +0% | — |
| 84 | — | F&M Bank Corp | $1.4M | 0.3% | +0% | — |
| 85 | — | TowneBank | $1.4M | 0.3% | NEW | — |
| 86 |  $FXNC | FIRST NATIONAL CORP /VA/ | $1.3M | 0.3% | -18% | 59.1 |
| 87 |  $TBBK | Bancorp, Inc. | $1.3M | 0.2% | +0% | 32.8 |
| 88 | — | Somerset Trust Holding Company | $1.1M | 0.2% | +36% | — |
| 89 | — | Pacific West Bancorp | $1.1M | 0.2% | +0% | — |
| 90 |  $BY | BYLINE BANCORP, INC. | $1.1M | 0.2% | -13% | — |
| 91 | — | SouthPoint Bancshares, Inc. | $1.0M | 0.2% | -4% | — |
| 92 |  $HTBK | HERITAGE COMMERCE CORP | $937,735 | 0.2% | -38% | 48.1 |
| 93 | — | Lake Ridge Bancorp | $920,920 | 0.2% | NEW | — |
| 94 | — | Pinnacle Bank | $723,353 | 0.1% | +0% | — |
| 95 |  $BAFN | BayFirst Financial Corp. | $582,162 | 0.1% | +0% | — |
| 96 |  $FCCO | FIRST COMMUNITY CORP /SC/ | $476,946 | 0.1% | -61% | 51.2 |
| 97 | — | Potomac Bancshares, Inc. | $245,532 | 0.1% | +329% | — |
New Positions (5)
Exited Positions (6)
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