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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 (2015Q2)
Portfolio Summary: 310 holdings with a total value of $1,642,871,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 Silvercrest Asset Management G 644,076 9,056,000 0.55%
52 VALLEY FINL CORP VA 409,480 8,746,000 0.53%
53 TALMER BANCORP INC 509,200 8,529,000 0.52%
54 SIERRA BANCORP 483,735 8,373,000 0.51%
55 First Security Group Inc 3,265,000 7,999,000 0.49%
56 AMERICAN BUSINESS BK LA CALI 264,219 7,689,000 0.47%
57 First Bancshares Inc/The 458,730 7,638,000 0.46%
58 FIRST BANCORP N C COM 450,164 7,509,000 0.46%
59 BRIDGE CAP HLDGS 251,559 7,496,000 0.46%
60 SOUTHERN NATL BANCORP OF VA COM 647,829 7,178,000 0.44%
61 Security California Bancorp 492,955 7,148,000 0.44%
62 1st Constitution Bancorp 618,685 7,022,000 0.43%
63 SOUTHEASTERN BANK FINANCIAL CO 232,537 6,964,000 0.42%
64 STOCK YDS BANCORP INC 175,915 6,648,000 0.40%
65 LEGACY TEX FINL GROUP INC 214,072 6,465,000 0.39%
66 CHEMICAL FINANCIAL CORPORATION 194,815 6,441,000 0.39%
67 NorthWest Indiana Bancorp 239,951 6,371,000 0.39%
68 UNITY BANCORP INC 635,725 6,224,000 0.38%
69 COMMUNITY BANKERS TR CORP 1,248,327 6,204,000 0.38%
70 UNITED FINL BANCORP INC NEW COM 455,486 6,126,000 0.37%
71 AVENUE FINL HLDGS INC 485,000 6,116,000 0.37%
72 FIRST LONG IS CORP 219,543 6,086,000 0.37%
73 FNB Bancorp 212,837 5,959,000 0.36%
74 FIRST CHOICE BANK 353,541 5,922,000 0.36%
75 Community Financial Corp/The 265,032 5,698,000 0.35%
76 WESTBURY BANCORP INC 323,698 5,610,000 0.34%
77 CommerceWest Bank 379,102 5,535,000 0.34%
78 BAYCOM CORP COM 469,010 5,534,000 0.34%
79 HILLTOP HOLDINGS INC 227,532 5,481,000 0.33%
80 MACKINAC FINL CORP 516,707 5,441,000 0.33%
81 ASPEN INSURANCE HOLDINGS LTD 111,712 5,351,000 0.33%
82 BB&T CORP 132,055 5,323,000 0.32%
83 Orange County Bancorp 113,043 5,313,000 0.32%
84 AVIDBANK HOLDINGS 417,179 5,256,000 0.32%
85 Baylake Corp 413,668 5,233,000 0.32%
86 CONNECTONE BANCORP INC COM 242,700 5,225,000 0.32%
87 SHORE BANCSHARES INC COM 553,037 5,215,000 0.32%
88 CHARTER FINL CORP MD 411,395 5,105,000 0.31%
89 West Bancorporation Inc 251,578 4,991,000 0.30%
90 HINGHAM INSTN SVGS MASS 43,266 4,980,000 0.30%
91 Yadkin Finl Corp Com 237,561 4,977,000 0.30%
92 Cornerstone Community Bank 1,249,406 4,973,000 0.30%
93 CARDINAL FINL CORP COM 226,278 4,931,000 0.30%
94 FIRST CMNTY CORP S C 404,319 4,917,000 0.30%
95 MBT FINL CORP 840,633 4,825,000 0.29%
96 DCB Financial 654,559 4,746,000 0.29%
97 California Bank of Commerce 333,986 4,542,000 0.28%
98 ServisFirst Bancshares Inc 120,600 4,531,000 0.28%
99 North Dallas Bank & Trust Co. 71,687 4,516,000 0.27%
100 First Virginia Community Bank 300,000 4,500,000 0.27%
Page 2 of 7

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001140361-15-031053, filed 2015.08.11).

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.