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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 (2015Q3)
Portfolio Summary: 310 holdings with a total value of $1,631,251,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 TALMER BANCORP INC 529,200 8,811,000 0.54%
52 First Security Group Inc 3,265,000 8,130,000 0.50%
53 First Bancshares Inc/The 458,730 8,014,000 0.49%
54 SIERRA BANCORP 490,735 7,832,000 0.48%
55 AMERICAN BUSINESS BK LA CALI 264,219 7,821,000 0.48%
56 FIRST BANCORP N C COM 450,164 7,653,000 0.47%
57 SOUTHEASTERN BANK FINANCIAL CO 233,537 7,590,000 0.47%
58 Silvercrest Asset Management G 686,959 7,426,000 0.46%
59 1st Constitution Bancorp 618,685 7,195,000 0.44%
60 NorthWest Indiana Bancorp 229,951 6,841,000 0.42%
61 BNC BANCORP 304,926 6,779,000 0.42%
62 AVENUE FINL HLDGS INC 507,700 6,702,000 0.41%
63 Baylake Corp 467,968 6,622,000 0.41%
64 LEGACY TEX FINL GROUP INC 214,072 6,525,000 0.40%
65 AMERIANA BANCORP 281,550 6,476,000 0.40%
66 Security California Bancorp 492,955 6,408,000 0.39%
67 UNITED FINL BANCORP INC NEW COM 485,486 6,336,000 0.39%
68 COMMUNITY BANKERS TR CORP 1,248,327 6,254,000 0.38%
69 Community Financial Corp/The 265,032 6,228,000 0.38%
70 UNITY BANCORP INC 635,725 6,211,000 0.38%
71 FNB Bancorp 217,715 6,150,000 0.38%
72 STOCK YDS BANCORP INC 165,915 6,031,000 0.37%
73 FIRST LONG IS CORP 219,543 5,934,000 0.36%
74 UNITED CMNTY BKS BLAIRSVLE GA COM 286,768 5,862,000 0.36%
75 WESTBURY BANCORP INC 323,698 5,768,000 0.35%
76 BAYCOM CORP COM 469,010 5,642,000 0.35%
77 SHORE BANCSHARES INC COM 579,608 5,634,000 0.35%
78 ASPEN INSURANCE HOLDINGS LTD 119,012 5,530,000 0.34%
79 Orange County Bancorp 110,743 5,482,000 0.34%
80 FIRST CHOICE BANK 353,542 5,480,000 0.34%
81 Northwest Bancorporation 568,781 5,369,000 0.33%
82 MBT FINL CORP 840,633 5,246,000 0.32%
83 MACKINAC FINL CORP 516,707 5,219,000 0.32%
84 CHARTER FINL CORP MD 411,395 5,216,000 0.32%
85 CARDINAL FINL CORP COM 226,278 5,207,000 0.32%
86 AVIDBANK HOLDINGS 417,179 5,152,000 0.32%
87 CommerceWest Bank 367,102 5,139,000 0.32%
88 Yadkin Finl Corp Com 237,561 5,105,000 0.31%
89 WESTERN ALLIANCE BANCORP 164,894 5,064,000 0.31%
90 FVCBANKCORP INC 300,000 5,031,000 0.31%
91 ServisFirst Bancshares Inc 120,600 5,009,000 0.31%
92 FIRST CMNTY CORP S C 404,319 5,005,000 0.31%
93 Cornerstone Community Bank 312,351 4,701,000 0.29%
94 CONNECTONE BANCORP INC COM 242,700 4,684,000 0.29%
95 BRYN MAWR BK CORP 147,952 4,597,000 0.28%
96 RIVERVIEW BANCORP INC 960,564 4,563,000 0.28%
97 West Bancorporation Inc 242,578 4,548,000 0.28%
98 California Bank of Commerce 323,986 4,507,000 0.28%
99 HILLTOP HOLDINGS INC 227,532 4,507,000 0.28%
100 FCB FINL HLDGS INC CL A 136,871 4,465,000 0.27%
Page 2 of 7

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001140361-15-040886, filed 2015.11.12).

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.