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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 (2016Q2)
Portfolio Summary: 296 holdings with a total value of $1,714,758,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 Enterprise Finl Svcs Corp 1,592,804 44,423,000 2.59%
2 Mercantile Bank Corp 1,523,343 36,347,000 2.12%
3 STATE BK FINL CORP COM 1,749,045 35,593,000 2.08%
4 SUFFOLK BANCORP COM 1,050,163 32,881,000 1.92%
5 SANDY SPRING BANCORP INC COM 1,126,693 32,742,000 1.91%
6 CENTERSTATE BANKS COMMON STK USD0.01 1,837,687 28,944,000 1.69%
7 TRISTATE CAP HLDGS INC COM 2,049,946 28,146,000 1.64%
8 FIRST MIDWEST BANCORP DEL COM 1,556,540 27,333,000 1.59%
9 CU BANCORP CALIF 1,195,881 27,182,000 1.59%
10 PEAPACK-GLADSTONE FINL CORP 1,354,019 25,063,000 1.46%
11 PACIFIC CONTINENTAL CORP 1,534,023 24,100,000 1.41%
12 CoBiz Financial Inc 1,958,273 22,912,000 1.34%
13 FIDELITY SOUTHERN CORP 1,460,697 22,889,000 1.33%
14 Park Sterling Corp 3,036,355 21,528,000 1.26%
15 MB FINL INC 588,021 21,333,000 1.24%
16 BOSTON PRIVATE FINANCIAL HLDGS INC (FORM BOSTON PRIVATE BANCORP INC) 1,800,163 21,206,000 1.24%
17 FIRST MERCHANTS CORP COM 783,326 19,528,000 1.14%
18 SOUTHWEST BANCORP INC OKLA COM 1,141,867 19,332,000 1.13%
19 LAKELAND BANCORP INC COM 1,609,554 18,317,000 1.07%
20 Heritage Commerce Corp 1,676,829 17,657,000 1.03%
21 CAPITAL BANK 605,524 17,439,000 1.02%
22 HERITAGE FINL CORP WASH COM 978,738 17,206,000 1.00%
23 OLD SECOND BANCORP INC ILL 2,513,182 17,165,000 1.00%
24 CAMBRIDGE BANCORP 367,126 17,104,000 1.00%
25 HERITAGE OAKS BANCORP COM 2,068,442 16,423,000 0.96%
26 BSB BANCORP INC MD 712,224 16,132,000 0.94%
27 AMERICAN HOMES 4 RENT CL A 777,800 15,929,000 0.93%
28 QCR HOLDINGS INC 581,835 15,820,000 0.92%
29 STONEGATE BK FT LAUDERDALE F 483,496 15,602,000 0.91%
30 First Bus Finl Svcs Inc Wis 660,728 15,507,000 0.90%
31 CODORUS VY BANCORP INC 738,532 15,044,000 0.88%
32 CENTRAL PAC FINL CORP COM NEW 621,399 14,665,000 0.86%
33 WATERSTONE FINL INC MD 918,568 14,082,000 0.82%
34 SOUTHERN FIRST 581,009 14,002,000 0.82%
35 SOUTHEASTERN BANK FINANCIAL CO 289,988 13,919,000 0.81%
36 UNITED BANKSHARES INC WEST VA COM 360,711 13,530,000 0.79%
37 W.T.B. Financial Corporation 65,764 13,219,000 0.77%
38 EAGLE BANCORP INC MD 274,490 13,206,000 0.77%
39 NATIONAL BANK 639,700 13,024,000 0.76%
40 CENTRAL VALLEY CMNTY BANCORP 915,895 12,823,000 0.75%
41 UNION BANKSHARES CORP NEW COM 515,351 12,734,000 0.74%
42 PARAGON COML CORP 345,611 12,096,000 0.71%
43 FIRST NBC BK HLDG CO 718,583 12,065,000 0.70%
44 BANK MARIN BANCORP 240,496 11,633,000 0.68%
45 PEOPLES BANCORP INC 531,231 11,576,000 0.68%
46 SOUTHERN NATL BANCORP OF VA COM 920,590 11,185,000 0.65%
47 IBERIABANK CORP COM 180,534 10,783,000 0.63%
48 OLD LINE BANCSHARES INC COM 590,667 10,632,000 0.62%
49 TALMER BANCORP INC 529,200 10,145,000 0.59%
50 UNITY BANCORP INC 775,750 9,860,000 0.58%
Page 1 of 6

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001140361-16-076232, filed 2016.08.12).

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.