BANC FUNDS CO LLC Q4 2025 Filing

Filed February 12, 2026

Portfolio Value

$505.2M

Holdings

98

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (98 positions)

#StockSharesValue% PortfolioType
1
UTBUnity Bancorp, Inc.
375,469$19.4M3.84%
2
OSBCOld Second Bancorp, Inc.
905,190$17.7M3.49%
3
AMBZAmerican Business Bank
260,773$16.9M3.34%
4
PBAMPrivate Bancorp of America, Inc.
283,759$16.3M3.23%
5
AVBHAvidbank Holdings, Inc.
596,430$15.8M3.14%
6
BCALCalifornia BanCorp.
766,155$14.3M2.83%
7
WCCBWest Coast Community Bancorp
273,451$12.0M2.38%
8
FRSTPrimis Financial Corporation
788,761$11.0M2.17%
9
TCBITexas Capital Bancshares, Inc.
119,762$10.8M2.15%
10
FRBAFirst Bank
658,439$10.8M2.15%
11
BANCBanc of California, Inc.
519,738$10.0M1.98%
12
MCBMetropolitan Bank Holding Corp.
128,821$9.8M1.95%
13
ALPIBAlpine Banks of Colorado
237,315$9.4M1.87%
14
MYFWFirst Western Financial, Inc.
346,090$9.3M1.84%
15
FBIZFirst Business Financial Services, Inc.
166,224$9.0M1.79%
16
SFSTSouthern First Bancshares, Inc.
171,655$8.8M1.75%
17
BRBSBlue Ridge Bankshares, Inc.
2,029,033$8.7M1.71%
18
MNSBMainStreet Bancshares, Inc.
421,981$8.6M1.70%
19
FineMark Holdings, Inc.
219,426$8.4M1.65%
20
MBINMerchants Bancorp
244,462$8.3M1.65%
21
PGCPeapack-Gladstone Financial Corporation
297,747$8.3M1.64%
22
ISTRInvestar Holding Corporation
306,896$8.2M1.62%
23
MCBIMountain Commerce Bancorp
351,330$8.0M1.59%
24
CBANColony Bankcorp Inc.
427,478$7.6M1.51%
25
FBKFB Financial Corp.
133,496$7.4M1.47%
26
SMBKSmartFinancial, Inc.
200,587$7.4M1.47%
27
TFINTriumph Bancorp, Inc.
117,136$7.3M1.45%
28
MPBMid Penn Bank
207,982$6.5M1.28%
29
FSUNFirstSun Capital Bancorp
168,489$6.3M1.26%
30
MBWMMercantile Bank Corporation
130,841$6.3M1.25%
31
CCNBCoastal Carolina Bancshares, Inc.
466,771$6.1M1.20%
32
TCBXThird Coast Bancshares
157,506$6.0M1.18%
33
CNOBConnectOne Bancorp, Inc.
227,795$6.0M1.18%
34
CCNECNB Financial Corporation
217,175$5.7M1.12%
35
MRBKMeridian Bank
320,919$5.6M1.12%
36
OBTOrange County Bancorp, Inc.
197,536$5.6M1.12%
37
UBFOUnited Security Bankshares
536,316$5.4M1.07%
38
BPRNPrinceton Bancorp, Inc.
153,926$5.3M1.06%
39
BSVNBank7 Corp
128,519$5.3M1.04%
40
STBKStudio Bank
425,956$5.1M1.00%
41
BFSTBusiness First Bancshares, Inc.
190,549$5.0M0.99%
42
ALRSAlerus Financial Corporation
214,967$4.8M0.96%
43
RCBCRiver City Bank
100,770$4.4M0.88%
44
BWFGBankwell Financial Group, Inc.
96,423$4.4M0.87%
45
WRIVWhite River Bancshares Company
89,000$4.4M0.87%
46
CZWICitizens Community Bancorp, Inc.
246,286$4.4M0.87%
47
PMHGPrime Meridian Holding Company
76,418$4.3M0.86%
48
FSRLFirst Reliance Bancshares, Inc.
350,913$4.3M0.85%
49
FCPBFirst Capital Bancshares, Inc.
360,816$4.2M0.83%
50
ORPBOregon Pacific Bancorp
361,932$4.1M0.81%
51
FNRNFirst Northern Community Bancorp
301,697$4.0M0.80%
52
BSRRSierra Bancorp
121,424$4.0M0.79%
53
SHBIShore Bancshares, Inc.
204,563$3.6M0.72%
54
SABKSouth Atlantic Bancshares, Inc.
179,496$3.5M0.70%
55
AMTBAmerant Bancorp Inc.
180,000$3.5M0.69%
56
FSBCFive Star Bancorp
95,919$3.4M0.68%
57
SBKOSummit Bank Group, Inc.
190,501$3.4M0.68%
58
INBKFirst Internet Bancorp
162,176$3.4M0.67%
59
LNKBLinkBancorp
401,593$3.3M0.66%
60
BLHKBlueharbor Bank
96,602$3.0M0.60%
61
FVCBFVCBankcorp Inc.
214,088$3.0M0.59%
62
FFWMFirst Foundation Inc.
432,396$2.7M0.53%
63
EFSIEagle Financial Services Inc.
65,000$2.6M0.51%
64
CMHFCommunity Heritage Financial Inc.
95,982$2.6M0.51%
65
ARBVAmerican Riviera Bancorp
94,311$2.3M0.45%
66
SSBISummit State Bank
193,227$2.2M0.44%
67
BCTFBancorp 34, Inc.
162,857$2.2M0.44%
68
HNVRHanover Bancorp Inc.
95,460$2.2M0.44%
69
CBWACommencement Bancorp, Inc.
130,720$2.2M0.43%
70
FSBHFSBH Corp (was First Southern Bank)
135,250$2.2M0.43%
71
PSBQPSB Holdings, Inc.
77,794$2.0M0.40%
72
COSOCoastalSouth Bancshares, Inc.
85,715$2.0M0.39%
73
UBABUnited Bancorporation of Alabama, Inc.
37,117$2.0M0.39%
74
DSBXDogwood State Bank
79,721$1.9M0.37%
75
BUSEFirst Busey Corporation
75,577$1.8M0.36%
76
BWBBridgewater Bancshares, Inc.
101,479$1.8M0.35%
77
USCBUSCB Financial Holdings Inc.
95,580$1.8M0.35%
78
EDVREndeavor Bancorp
101,072$1.7M0.34%
79
PPBNPinnacle Bankshares Corporation
37,464$1.7M0.34%
80
TBBKThe Bancorp, Inc.
23,592$1.6M0.32%
81
FXNCFirst National Corporation
60,492$1.5M0.30%
82
RNSTRenasant Corporation
41,875$1.5M0.29%
83
HTBKHeritage Commerce Corp
121,539$1.5M0.29%
84
MVLYMission Valley Bancorp
78,507$1.4M0.27%
85
GNRVGrand River Commerce, Inc.
357,400$1.4M0.27%
86
FMBMF&M Bank Corp
47,100$1.4M0.27%
87
FCCOFirst Community Corporation
41,317$1.2M0.24%
88
BYByline Bancorp, Inc.
39,157$1.1M0.23%
89
SOUBSouthPoint Bancshares, Inc.
78,438$1.1M0.22%
90
PWBKPacific West Bancorp
92,857$1.1M0.22%
91
MVBFMVB Financial Corp.
35,044$905K0.18%
92
PBNKPinnacle Bank
44,514$861K0.17%
93
SOMESomerset Trust Holding Company
11,787$789K0.16%
94
BORTBank of Botetourt
16,504$726K0.14%
95
BAFNBayFirst Financial Corp.
91,679$719K0.14%
96
CBNKCapital Bancorp, Inc.
21,400$602K0.12%
97
HBTHBT Financial, Inc.
18,403$475K0.09%
98
PTBSPotomac Bancshares, Inc.
2,896$54K0.01%