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Institutional Investment Manager
BANC FUNDS CO LLC
BANC FUNDS CO LLC (CIK: 0001029311) incorporated in Illinois, located at 150 S. Wacker Drive, Chicago, IL. Institutional holdings reported to the SEC.

Institutional Holdings (2014Q3)
Portfolio Summary: 283 holdings with a total value of $1,304,999,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 BOSTON PRIVATE FINANCIAL HLDGS INC (FORM BOSTON PRIVATE BANCORP INC) 2,378,363 29,468,000 2.26%
2 Enterprise Finl Svcs Corp 1,570,214 26,254,000 2.01%
3 EAGLE BANCORP INC MD 746,584 23,756,000 1.82%
4 FIRST MIDWEST BANCORP DEL COM 1,475,110 23,735,000 1.82%
5 CoBiz Financial Inc 2,054,932 22,974,000 1.76%
6 STATE BK FINL CORP COM 1,413,551 22,956,000 1.76%
7 Mercantile Bank Corp 1,192,626 22,720,000 1.74%
8 FIRST NBC BK HLDG CO 678,583 22,224,000 1.70%
9 SANDY SPRING BANCORP INC COM 934,784 21,397,000 1.64%
10 CENTERSTATE BANKS COMMON STK USD0.01 1,956,973 20,255,000 1.55%
11 FIDELITY SOUTHERN CORP 1,463,329 20,048,000 1.54%
12 SUFFOLK BANCORP COM 1,023,643 19,869,000 1.52%
13 AMERICAN HOMES 4 RENT CL A 1,172,000 19,795,000 1.52%
14 MB FINL INC 694,921 19,235,000 1.47%
15 BANNER CORP COM NEW 454,908 17,500,000 1.34%
16 CENTRAL PAC FINL CORP COM NEW 964,020 17,285,000 1.32%
17 BANK MARIN BANCORP 375,241 17,220,000 1.32%
18 WINTRUST FINL CORP COM 383,352 17,124,000 1.31%
19 Park Sterling Corp 2,528,730 16,765,000 1.28%
20 CAMBRIDGE BANCORP 359,450 16,714,000 1.28%
21 PACIFIC CONTINENTAL CORP 1,262,231 16,220,000 1.24%
22 SOUTHWEST BANCORP INC OKLA COM 913,207 14,977,000 1.15%
23 BANK OF KENTUCKY FINL CORP 320,012 14,794,000 1.13%
24 CU BANCORP CALIF 779,102 14,647,000 1.12%
25 FIRST MERCHANTS CORP COM 709,280 14,335,000 1.10%
26 PEAPACK-GLADSTONE FINL CORP 795,166 13,915,000 1.07%
27 CAPITAL BANK 570,524 13,624,000 1.04%
28 First Bus Finl Svcs Inc Wis 301,000 13,214,000 1.01%
29 Heritage Commerce Corp 1,568,091 12,874,000 0.99%
30 STONEGATE BK FT LAUDERDALE F 491,017 12,644,000 0.97%
31 UNION BANKSHARES CORP NEW COM 545,351 12,598,000 0.97%
32 BSB BANCORP INC MD 677,812 12,485,000 0.96%
33 NATIONAL BANK 639,700 12,231,000 0.94%
34 LAKELAND BANCORP INC COM 1,228,592 11,991,000 0.92%
35 HERITAGE FINL CORP WASH COM 710,212 11,250,000 0.86%
36 OLD SECOND BANCORP INC ILL 2,329,484 11,205,000 0.86%
37 HERITAGE OAKS BANCORP COM 1,573,478 11,014,000 0.84%
38 HERITAGE FINANCIAL NEW 532,797 10,757,000 0.82%
39 STIFEL FINANCIAL CP 226,096 10,602,000 0.81%
40 OLD LINE BANCSHARES INC COM 679,809 10,523,000 0.81%
41 STOCK YDS BANCORP INC 349,023 10,506,000 0.81%
42 CODORUS VY BANCORP INC 506,724 10,363,000 0.79%
43 FIRST CITIZENS BANCORP 10,752 9,915,000 0.76%
44 METRO BANCORP INC PA 395,856 9,600,000 0.74%
45 W.T.B. Financial Corporation 49,875 8,778,000 0.67%
46 TRISTATE CAP HLDGS INC COM 952,407 8,638,000 0.66%
47 CENTRAL VALLEY CMNTY BANCORP 752,118 8,634,000 0.66%
48 BRIDGE CAP HLDGS 376,509 8,562,000 0.66%
49 TEXAS CAP BANCSHARES INC COM 140,772 8,120,000 0.62%
50 SIERRA BANCORP 483,735 8,107,000 0.62%
Page 1 of 6

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001140361-14-041221, filed 2014.11.12).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.