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Portfolio (Quarterly) Guide ↗

BANC FUNDS CO LLC

· CIK 0001029311
13F Portfolio $505M AUM 98 positions Filed Feb 12, 2026 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 6 Added 56 Reduced 13 Exited
Page 2 of 5  ·  98 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 PGC Peapack-Gladstone Financial Corporation Financial Services 297,747.0 $8.3M 1.64% -17K -5.5% $27.85 +53.8%
22 ISTR Investar Holding Corporation Financial Services 306,896.0 $8.2M 1.62% -64K -17.3% $26.72 +6.9%
23 Mountain Commerce Bancorp 351,330.0 $8.0M 1.59% -6K -1.6% $22.85
24 CBAN Colony Bankcorp Inc. Financial Services 427,478.0 $7.6M 1.51% -113K -20.9% $17.82 +11.1%
25 FBK FB Financial Corp. Financial Services 133,496.0 $7.4M 1.47% -45K -25.2% $55.80 -5.6%
26 SMBK SmartFinancial, Inc. Financial Services 200,587.0 $7.4M 1.47% $36.99 +12.6%
27 TFIN Triumph Bancorp, Inc. Financial Services 117,136.0 $7.3M 1.45% -23K -16.2% $62.63 +6.6%
28 MPB Mid Penn Bank Financial Services 207,982.0 $6.5M 1.28% $31.02 +4.3%
29 FSUN FirstSun Capital Bancorp Financial Services 168,489.0 $6.3M 1.25% +6K +3.5% $37.64 -5.8%
30 MBWM Mercantile Bank Corporation Financial Services 130,841.0 $6.3M 1.25% -29K -18.4% $48.10 +8.5%
31 Coastal Carolina Bancshares, Inc. 466,771.0 $6.1M 1.20% +138K +41.9% $12.98
32 TCBX Third Coast Bancshares Financial Services 157,506.0 $6.0M 1.19% -22K -12.2% $38.01 +0.2%
33 CNOB ConnectOne Bancorp, Inc. Financial Services 227,795.0 $6.0M 1.18% -13K -5.5% $26.22 +13.5%
34 CCNE CNB Financial Corporation Financial Services 217,175.0 $5.7M 1.12% -55K -20.1% $26.17 +17.1%
35 MRBK Meridian Bank Financial Services 320,919.0 $5.6M 1.12% -132K -29.1% $17.58 +0.0%
36 OBT Orange County Bancorp, Inc. Financial Services 197,536.0 $5.6M 1.12% -50K -20.3% $28.55 +19.3%
37 United Security Bankshares 536,316.0 $5.4M 1.07% $10.07
38 Princeton Bancorp, Inc. 153,926.0 $5.3M 1.06% $34.69
39 BSVN Bank7 Corp Financial Services 128,519.0 $5.3M 1.04% $40.98 +6.9%
40 Studio Bank 425,956.0 $5.1M 1.00% $11.86
Page 2 of 5  ·  98 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Financial Services 100.0%