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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 (2016Q3)
Portfolio Summary: 287 holdings with a total value of $1,810,546,000.
#
Name
Shares
Value ($)
%
Options
Notes
101 BAYCOM CORP COM 430,686 5,299,000 0.29%
102 CHARTER FINL CORP MD 411,395 5,299,000 0.29%
103 Virginia National Bankshares Corp. 209,209 5,270,000 0.29%
104 BANKFINANCIAL CORP 414,471 5,264,000 0.29%
105 FCB FINL HLDGS INC CL A 136,871 5,260,000 0.29%
106 CAPSTAR FINL HLDGS INC COM 310,000 5,245,000 0.29%
107 NorthWest Indiana Bancorp 162,204 5,191,000 0.29%
108 Private Bancorp of America, Inc. 318,541 5,135,000 0.28%
109 HILLTOP HOLDINGS INC 227,532 5,110,000 0.28%
110 AVIDBANK HOLDINGS 322,179 5,071,000 0.28%
111 EQUITY BANCSHARES INC 195,000 5,058,000 0.28%
112 CommerceWest Bank 313,712 4,957,000 0.27%
113 CNB FINANCIAL CORP (PA) COM 233,823 4,948,000 0.27%
114 California Bank of Commerce 350,901 4,790,000 0.26%
115 SmartFinancial Inc 293,023 4,776,000 0.26%
116 First Community Financial Part 497,801 4,739,000 0.26%
117 MainStreet Bancshares, Inc. 373,726 4,709,000 0.26%
118 HINGHAM INSTN SVGS MASS 33,463 4,635,000 0.26%
119 MACKINAC FINL CORP 402,291 4,622,000 0.26%
120 West Bancorporation Inc 233,578 4,578,000 0.25%
121 CARTER BK & TR MARTINSVILLE VA 346,558 4,557,000 0.25%
122 CARDINAL FINL CORP COM 172,278 4,495,000 0.25%
123 Oak Valley Bancorp Oakdale C 429,089 4,377,000 0.24%
124 BANK FIRST NATL CORP 141,197 4,278,000 0.24%
125 John Marshall Bank 248,000 4,253,000 0.23%
126 COUNTY BANCORP INC 207,335 4,149,000 0.23%
127 First Busey Corp 182,457 4,124,000 0.23%
128 AMERICAN RIVER BANKSHARES COM 378,388 4,102,000 0.23%
129 FARMERS NATIONAL BANC CORP 376,098 4,054,000 0.22%
130 FB FINL CORP COM 200,000 4,036,000 0.22%
131 MALVERN BANCORP INC COM 236,719 3,882,000 0.21%
132 First Security, Inc. 162,125 3,863,000 0.21%
133 AUBURN NATL BANCORP 139,060 3,817,000 0.21%
134 STOCK YDS BANCORP INC 115,751 3,815,000 0.21%
135 Blackhawk Bancorp, Inc. 182,336 3,807,000 0.21%
136 WESTERN NEW ENG BANCORP INC 490,493 3,752,000 0.21%
137 TRIUMPH BANCORP INC 188,000 3,730,000 0.21%
138 FLAGSTAR BANCORP INC 133,900 3,716,000 0.21%
139 PINNACLE FINL PARTNERS INC 66,872 3,616,000 0.20%
140 Orrstown FINL Svcs 182,330 3,601,000 0.20%
141 AMERICAN RIVIERA BANK 307,240 3,573,000 0.20%
142 BANNER CORP COM NEW 81,293 3,556,000 0.20%
143 Century Bancorp Inc Mass 77,588 3,516,000 0.19%
144 First Northern Community Bancorp 431,879 3,485,000 0.19%
145 DCB Financial 447,367 3,422,000 0.19%
146 Cashmere Valley Bank 77,558 3,413,000 0.19%
147 BCB BANCORP INC 300,000 3,375,000 0.19%
148 Northway Financial Inc 151,488 3,355,000 0.19%
149 Carolina Financial Corp 150,000 3,351,000 0.19%
150 Northeast Community Bancorp, Inc. 475,600 3,329,000 0.18%
Page 3 of 6

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001140361-16-086730, filed 2016.11.15).

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.