Banc Funds 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
1st Capital Bank	Common	31944C107	2,370	243,326	SH		SOLE		243,326	0	0
1st Colonial Bancorp	Common	319716106	1,498	228,767	SH		SOLE		228,767	0	0
1st Constitution Bancorp	Common	31986N102	9,307	735,160	SH		SOLE		735,160	0	0
1st Source Corporation	Common	336901103	1,592	50,000	SH		SOLE		50,000	0	0
Access National Corporation	Common	004337101	2,276	114,764	SH		SOLE		114,764	0	0
AJS Bancorp, Inc.	Common	001503101	417	29,500	SH		SOLE		29,500	0	0
Allegiance Bancshares, Inc.	Common	01748H107	5,795	315,458	SH		SOLE		315,458	0	0
AMB Financial Corp.	Common	001984103	878	93,750	SH		SOLE		93,750	0	0
American Business Bank	Common	02475L105	7,483	264,219	SH		SOLE		264,219	0	0
American Homes 4 Rent	Common	02665T306	12,367	777,800	SH		SOLE		777,800	0	0
American River Bankshares	Common	029326105	3,701	364,308	SH		SOLE		364,308	0	0
American Riviera Bank	Common	02932A106	2,578	249,797	SH		SOLE		249,797	0	0
Ameris Bancorp	Common	03076K108	1,412	47,723	SH		SOLE		47,723	0	0
Aquesta Financial Holdings, Inc.	Common	03842L109	1,700	201,368	SH		SOLE		201,368	0	0
Aspen Insurance Holdings Limited	Common	G05384105	5,677	119,012	SH		SOLE		119,012	0	0
Atlantic Capital Bancshares, Inc.	Common	048269203	8,665	621,622	SH		SOLE		621,622	0	0
Atlantic Coast Financial Corporation	Common	048426100	1,683	278,711	SH		SOLE		278,711	0	0
Auburn National Bancorporation, Inc.	Common	050473107	4,453	157,639	SH		SOLE		157,639	0	0
Avenue Financial Holdings, Inc.	Common	05358K102	9,253	477,700	SH		SOLE		477,700	0	0
Avidbank Holdings, Inc.	Common	05368J103	4,748	362,179	SH		SOLE		362,179	0	0
Banc of California, Inc.	Common	05990K106	2,156	123,204	SH		SOLE		123,204	0	0
Bancorp of New Jersey, Inc.	Common	059915108	277	22,716	SH		SOLE		22,716	0	0
Bank First National Corporation	Common	06211J100	3,124	138,897	SH		SOLE		138,897	0	0
Bank of Commerce Holdings	Common	06424J103	2,532	398,751	SH		SOLE		398,751	0	0
Bank of Marin Bancorp	Common	063425102	13,938	283,170	SH		SOLE		283,170	0	0
Bank of Napa, N.A.	Common	063770101	684	79,806	SH		SOLE		79,806	0	0
Bank of Santa Clarita	Common	06424K100	1,286	152,930	SH		SOLE		152,930	0	0
Bank of Southern California, N. A.	Common	065104101	1,981	320,000	SH		SOLE		320,000	0	0
Bank of the James Financial Group, Inc.	Common	470299108	3,156	269,528	SH		SOLE		269,528	0	0
BankFinancial Corporation	Common	06643P104	2,926	247,573	SH		SOLE		247,573	0	0
Bankwell Financial Group, Inc.	Common	06654A103	5,801	296,444	SH		SOLE		296,444	0	0
Banner Corporation	Common	06652V208	6,886	163,793	SH		SOLE		163,793	0	0
Bar Harbor Bankshares	Common	066849100	1,376	41,408	SH		SOLE		41,408	0	0
Baraboo Bancorporation, Inc.	Common	067021105	227	187,645	SH		SOLE		187,645	0	0
Bay Commercial Bank	Common	072199102	4,540	427,893	SH		SOLE		427,893	0	0
Baylake Corp.	Common	072788102	8,056	504,468	SH		SOLE		504,468	0	0
BCB Bancorp, Inc.	Common	055298103	3,003	300,000	SH		SOLE		300,000	0	0
Birmingham Bloomfield Bancshares, Inc.	Common	091112102	631	81,630	SH		SOLE		81,630	0	0
Blackhawk Bancorp, Inc.	Common	09237E204	2,448	176,468	SH		SOLE		176,468	0	0
BNC Bancorp	Common	05566T101	4,673	221,278	SH		SOLE		221,278	0	0
Boston Private Financial Holdings, Inc.	Common	101119105	20,878	1,823,363	SH		SOLE		1,823,363	0	0
Bridge Bancorp Inc.	Common	108035106	3,381	110,965	SH		SOLE		110,965	0	0
Bryn Mawr Bank Corporation	Common	117665109	5,762	223,952	SH		SOLE		223,952	0	0
BSB Bancorp, Inc.	Common	05573H108	16,004	712,224	SH		SOLE		712,224	0	0
C1 Financial, Inc.	Common	12591N109	1,452	60,000	SH		SOLE		60,000	0	0
California Bank of Commerce	Common	13005C101	4,414	350,901	SH		SOLE		350,901	0	0
Cambridge Bancorp	Common	132152109	15,821	385,026	SH		SOLE		385,026	0	0
Camden National Corporation	Common	133034108	1,121	26,680	SH		SOLE		26,680	0	0
Capital Bank Financial Corp.	Common	139794101	18,372	595,524	SH		SOLE		595,524	0	0
Cardinal Financial Corporation	Common	14149F109	5,032	247,278	SH		SOLE		247,278	0	0
Carolina Bank Holdings, Inc.	Common	143785103	2,275	135,400	SH		SOLE		135,400	0	0
Carolina Financial Corporation	Common	143873107	2,784	150,000	SH		SOLE		150,000	0	0
Carolina Trust Bank	Common	144200102	2,199	372,714	SH		SOLE		372,714	0	0
Carter Bank & Trust	Common	146102108	4,364	338,558	SH		SOLE		338,558	0	0
Cascade Bancorp	Common	147154207	86	15,000	SH		SOLE		15,000	0	0
Cashmere Valley Bank	Common	14756K102	2,000	72,558	SH		SOLE		72,558	0	0
CB Financial Services, Inc.	Common	12479G101	720	36,401	SH		SOLE		36,401	0	0
CBOE Holdings	Common	12503M108	653	10,000	SH		SOLE		10,000	0	0
CCFNB Bancorp Inc.	Common	124880105	200	6,000	SH		SOLE		6,000	0	0
Centerpointe Community Bank	Common	15200G100	206	31,200	SH		SOLE		31,200	0	0
CenterState Banks, Inc.	Common	15201P109	29,829	2,003,289	SH		SOLE		2,003,289	0	0
Central Pacific Financial Corp.	Common	154760409	17,883	821,430	SH		SOLE		821,430	0	0
Central Valley Community Bancorp	Common	155685100	10,205	916,895	SH		SOLE		916,895	0	0
Centrue Financial Corporation	Common	15643B205	5,116	294,038	SH		SOLE		294,038	0	0
Century Bancorp, Inc.	Common	156432106	3,256	83,688	SH		SOLE		83,688	0	0
Century Financial Corporation	Common	15652L102	670	59,738	SH		SOLE		59,738	0	0
Charter Financial Corporation	Common	16122W108	5,554	411,395	SH		SOLE		411,395	0	0
Chicopee Bancorp, Inc.	Common	168565109	2,712	153,730	SH		SOLE		153,730	0	0
Citizens Bancorp	Common	172950107	582	54,837	SH		SOLE		54,837	0	0
Citizens Financial Services	Common	174615104	1,361	36,737	SH		SOLE		36,737	0	0
Clifton Bancorp Inc.	Common	186873105	2,016	133,332	SH		SOLE		133,332	0	0
CNB Financial Corporation	Common	126128107	2,659	151,154	SH		SOLE		151,154	0	0
Coastal Banking Co., Inc.	Common	19041N100	956	83,615	SH		SOLE		83,615	0	0
CoBiz Financial Inc.	Common	190897108	23,936	2,025,073	SH		SOLE		2,025,073	0	0
Codorus Valley Bancorp, Inc.	Common	192025104	15,135	748,533	SH		SOLE		748,533	0	0
Commencement Bank	Common	20051L109	556	78,500	SH		SOLE		78,500	0	0
Commerce Union Bancshares, Inc.	Common	200828101	1,969	122,020	SH		SOLE		122,020	0	0
CommerceWest Bank	Common	20084T103	4,938	349,712	SH		SOLE		349,712	0	0
Communities First Financial Corporation	Common	20344D104	2,058	216,167	SH		SOLE		216,167	0	0
Community Bank of Santa Maria	Common	203598107	1,288	203,824	SH		SOLE		203,824	0	0
Community Bankers Trust Corporation	Common	203612106	6,242	1,248,327	SH		SOLE		1,248,327	0	0
Community Financial Corporation	Common	20368X101	5,632	265,032	SH		SOLE		265,032	0	0
CommunityOne Bancorp	Common	20416Q108	939	70,700	SH		SOLE		70,700	0	0
ConnectOne Bancorp, Inc.	Common	20786W107	3,968	242,700	SH		SOLE		242,700	0	0
Consumers Bancorp, Inc.	Common	210509105	1,692	136,792	SH		SOLE		136,792	0	0
Cordia Bancorp Inc.	Common	218513109	1,782	451,063	SH		SOLE		451,063	0	0
Cornerstone Financial	Common	21925G102	70	93,071	SH		SOLE		93,071	0	0
County Bancorp, Inc.	Common	221907108	2,176	108,381	SH		SOLE		108,381	0	0
CU Bancorp	Common	126534106	23,829	1,125,614	SH		SOLE		1,125,614	0	0
DCB Financial Corp	Common	233075100	3,834	641,159	SH		SOLE		641,159	0	0
Diamond Hill Investment Group, Inc.	Common	25264R207	2,179	12,288	SH		SOLE		12,288	0	0
DNB Financial Corporation	Common	233237106	750	26,292	SH		SOLE		26,292	0	0
Eagle Bancorp, Inc.	Common	268948106	13,176	274,490	SH		SOLE		274,490	0	0
Eagle Financial Services Inc.	Common	26951R104	1,690	92,266	SH		SOLE		92,266	0	0
Eastern Virginia Bankshares, Inc.	Common	277196101	1,439	215,078	SH		SOLE		215,078	0	0
Embassy Bancorp, Inc.	Common	290791102	157	16,093	SH		SOLE		16,093	0	0
Emclaire Financial Corp.	Common	290828102	2,930	117,207	SH		SOLE		117,207	0	0
Enterprise Bancorp, Inc.	Common	293668109	4,741	180,672	SH		SOLE		180,672	0	0
Enterprise Financial Services Corp	Common	293712105	44,133	1,632,141	SH		SOLE		1,632,141	0	0
Equity Bancshares, Inc.	Common	29460X109	3,885	185,000	SH		SOLE		185,000	0	0
ESSA Bancorp, Inc.	Common	29667D104	1,770	131,207	SH		SOLE		131,207	0	0
F.N.B. Corporation	Common	302520101	1,271	97,677	SH		SOLE		97,677	0	0
Farmers National Banc Corp.	Common	309627107	3,459	388,250	SH		SOLE		388,250	0	0
Fauquier Bancshares, Inc.	Common	312059108	2,938	194,963	SH		SOLE		194,963	0	0
FCB Financial Holdings, Inc.	Common	30255G103	4,552	136,871	SH		SOLE		136,871	0	0
Federated National Holding Company	Common	31422T101	1,455	74,000	SH		SOLE		74,000	0	0
Fentura Financial, Inc.	Common	314645102	1,370	101,876	SH		SOLE		101,876	0	0
Fidelity Southern Corporation	Common	316394105	23,363	1,456,529	SH		SOLE		1,456,529	0	0
Financial Institutions, Inc.	Common	317585404	3,002	103,261	SH		SOLE		103,261	0	0
First Bancorp	Common	318910106	8,486	450,164	SH		SOLE		450,164	0	0
First Bancshares, Inc.	Common	318916103	7,170	458,730	SH		SOLE		458,730	0	0
First BancTrust Corporation	Common	31868G100	1,687	102,940	SH		SOLE		102,940	0	0
First Bank	Common	31931U102	2,975	428,734	SH		SOLE		428,734	0	0
First Busey Corporation	Common	319383204	1,324	64,668	SH		SOLE		64,668	0	0
First Business Financial Services	Common	319390100	15,150	660,728	SH		SOLE		660,728	0	0
First Choice Bank	Common	319461109	4,326	355,142	SH		SOLE		355,142	0	0
First Colebrook Bancorp, Inc.	Common	31971A107	889	60,627	SH		SOLE		60,627	0	0
First Community Corporation	Common	319835104	6,032	418,319	SH		SOLE		418,319	0	0
First Community Financial Partners, Inc.	Common	31985Q106	5,382	618,608	SH		SOLE		618,608	0	0
First Defiance Financial Corp.	Common	32006W106	1,458	37,963	SH		SOLE		37,963	0	0
First Financial Northwest, Inc.	Common	32022K102	371	28,200	SH		SOLE		28,200	0	0
First Foundation Inc.	Common	32026V104	4,457	198,700	SH		SOLE		198,700	0	0
First Guaranty Bancshares, Inc.	Common	32043P106	1,276	82,313	SH		SOLE		82,313	0	0
First Menasha Bancshares, Inc.	Common	32081P109	1,938	33,503	SH		SOLE		33,503	0	0
First Merchants Corp.	Common	320817109	18,463	783,326	SH		SOLE		783,326	0	0
First Midwest Bancorp, Inc.	Common	320867104	28,139	1,561,541	SH		SOLE		1,561,541	0	0
First National Corporation	Common	32106V107	2,828	367,720	SH		SOLE		367,720	0	0
First NBC Bank	Common	32115D106	14,693	713,583	SH		SOLE		713,583	0	0
First Northern Community Bancorp	Common	335925103	2,976	431,880	SH		SOLE		431,880	0	0
First of Long Island Corp.	Common	320734106	6,257	219,543	SH		SOLE		219,543	0	0
First Security, Inc.	Common	336327101	2,015	112,742	SH		SOLE		112,742	0	0
First Virginia Community Bank	Common	36120Q101	3,870	300,000	SH		SOLE		300,000	0	0
FirstAtlantic Financial Holdings, Inc.	Common	337651103	343	37,863	SH		SOLE		37,863	0	0
Flagstar Bancorp, Inc.	Common	337930705	2,873	133,900	SH		SOLE		133,900	0	0
FNB Bancorp	Common	302515101	5,955	228,599	SH		SOLE		228,599	0	0
Foresight Financial Group, Inc.	Common	345526107	4,446	201,626	SH		SOLE		201,626	0	0
Foundation Bancorp, Inc.	Common	35040A105	942	100,376	SH		SOLE		100,376	0	0
Fox Chase Bancorp, Inc.	Common	35137T108	1,128	58,429	SH		SOLE		58,429	0	0
Franklin Financial Network, Inc.	Common	35352P104	905	33,500	SH		SOLE		33,500	0	0
Genworth Financial, Inc.	Common	37247D106	709	259,822	SH		SOLE		259,822	0	0
German American Bancorp, Inc.	Common	373865104	1,368	42,489	SH		SOLE		42,489	0	0
Glen Burnie Bancorp	Common	377407101	733	70,849	SH		SOLE		70,849	0	0
GrandSouth Bancorporation	Common	386627301	1,184	125,000	SH		SOLE		125,000	0	0
Green Bancorp, Inc.	Common	39260X100	1,666	220,100	SH		SOLE		220,100	0	0
Guaranty Bancorp	Common	40075T607	2,179	140,942	SH		SOLE		140,942	0	0
Guaranty Federal Bancshares, Inc.	Common	40108P101	3,458	230,971	SH		SOLE		230,971	0	0
HCSB Financial Corporation	Common	40413R107	2,669	22,238,470	SH		SOLE		22,238,470	0	0
Heartland BancCorp	Common	421962101	253	6,080	SH		SOLE		6,080	0	0
Heritage Commerce Corp	Common	426927109	17,500	1,748,232	SH		SOLE		1,748,232	0	0
Heritage Financial Corporation	Common	42722X106	15,747	896,238	SH		SOLE		896,238	0	0
Heritage Oaks Bancorp	Common	42724R107	16,113	2,068,442	SH		SOLE		2,068,442	0	0
Hilltop Holdings Inc.	Common	432748101	4,296	227,532	SH		SOLE		227,532	0	0
Hingham Institution for Savings	Common	433323102	4,534	38,066	SH		SOLE		38,066	0	0
Home Federal Bancorp, Inc. of Louisiana	Common	43708L108	1,475	65,576	SH		SOLE		65,576	0	0
HomeTown Bankshares Corporation	Common	43787N108	1,575	180,618	SH		SOLE		180,618	0	0
HopFed Bancorp, Inc.	Common	439734104	1,721	150,300	SH		SOLE		150,300	0	0
Horizon Bancorp	Common	440407104	5,541	224,142	SH		SOLE		224,142	0	0
Howard Bancorp, Inc.	Common	442496105	135	11,187	SH		SOLE		11,187	0	0
Iberiabank Corp	Common	450828108	9,256	180,534	SH		SOLE		180,534	0	0
Idaho Independent Bank	Common	45129P105	1,129	173,232	SH		SOLE		173,232	0	0
IF Bancorp, Inc.	Common	44951J105	1,575	85,036	SH		SOLE		85,036	0	0
Illini Corporation	Common	45177K206	1,690	36,532	SH		SOLE		36,532	0	0
Independent Alliance Banks, Inc.	Common	45380E104	1,218	60,170	SH		SOLE		60,170	0	0
Independent Bank Group, Inc	Common	45384B106	1,055	38,500	SH		SOLE		38,500	0	0
Investar Holding	Common	46134L105	4,077	277,948	SH		SOLE		277,948	0	0
James River Group Holdings, Ltd.	Common	G5005R107	2,362	73,210	SH		SOLE		73,210	0	0
John Marshall Bank	Common	47804G103	3,591	248,000	SH		SOLE		248,000	0	0
Kentucky Bancshares, Inc.	Common	491203105	511	25,194	SH		SOLE		25,194	0	0
Lake Shore Bancorp	Common	510700107	2,890	217,427	SH		SOLE		217,427	0	0
Lakeland Bancorp, Inc.	Common	511637100	16,291	1,605,062	SH		SOLE		1,605,062	0	0
Lakeland Financial Corporation	Common	511656100	691	15,092	SH		SOLE		15,092	0	0
Ledyard Financial Group, Inc.	Common	523338101	2,456	58,214	SH		SOLE		58,214	0	0
LegacyTexas Financial Group, Inc.	Common	52471Y106	4,207	214,072	SH		SOLE		214,072	0	0
Lighthouse Bank	Common	53223T106	590	45,479	SH		SOLE		45,479	0	0
Live Oak Bancshares	Common	53803X105	375	25,000	SH		SOLE		25,000	0	0
Macatawa Bank Corporation	Common	554225102	4,964	794,293	SH		SOLE		794,293	0	0
Mackinac Financial Corporation	Common	554571109	5,757	561,707	SH		SOLE		561,707	0	0
MainSource Financial Group, Inc.	Common	56062Y102	4,335	205,564	SH		SOLE		205,564	0	0
MainStreet Bank	Common	56064A102	4,397	383,726	SH		SOLE		383,726	0	0
Malvern Bancorp, Inc.	Common	561409103	3,097	193,319	SH		SOLE		193,319	0	0
Manning & Napier, Inc.	Common	56382Q102	2,168	268,603	SH		SOLE		268,603	0	0
Mars National Bancorp	Common	571697101	304	1,054	SH		SOLE		1,054	0	0
MB Financial, Inc.	Common	55264U108	22,002	678,021	SH		SOLE		678,021	0	0
MBT Financial Corp.	Common	578877102	6,767	840,633	SH		SOLE		840,633	0	0
Mechanics Bank	Common	583614102	1,852	89	SH		SOLE		89	0	0
Mercantile Bank Corporation	Common	587376104	34,278	1,528,911	SH		SOLE		1,528,911	0	0
Merchants Bancshares, Inc.	Common	588448100	1,246	41,901	SH		SOLE		41,901	0	0
Merchants Financial Group, Inc.	Common	588538108	2,188	64,807	SH		SOLE		64,807	0	0
Middlefield Banc Corp.	Common	596304204	975	30,963	SH		SOLE		30,963	0	0
Midsouth Bancorp, Inc.	Common	598039105	1,890	247,693	SH		SOLE		247,693	0	0
Mission Valley Bancorp	Common	60520E104	1,212	197,658	SH		SOLE		197,658	0	0
National Bank Holdings Corporation	Common	633707104	13,043	639,700	SH		SOLE		639,700	0	0
National Commerce Corporation	Common	63546L102	3,069	129,999	SH		SOLE		129,999	0	0
National General Holdings Corporation	Common	636220303	2,591	120,000	SH		SOLE		120,000	0	0
North Dallas Bank & Trust Co.	Common	659012108	3,305	70,687	SH		SOLE		70,687	0	0
Northeast Community Bancorp, Inc.	Common	664112109	3,048	489,307	SH		SOLE		489,307	0	0
Northway Financial, Inc.	Common	667270201	1,953	127,628	SH		SOLE		127,628	0	0
Northwest Bancorporation, Inc.	Common	667337109	4,596	568,781	SH		SOLE		568,781	0	0
NorthWest Indiana Bancorp	Common	667516108	5,061	224,451	SH		SOLE		224,451	0	0
Oak Ridge Financial Services, Inc.	Common	671768109	1,808	195,702	SH		SOLE		195,702	0	0
Oak Valley Bancorp	Common	671807105	4,214	454,589	SH		SOLE		454,589	0	0
OceanFirst Financial Corp.	Common	675234108	3,155	178,451	SH		SOLE		178,451	0	0
Old Line Bancshares, Inc.	Common	67984M100	11,353	629,696	SH		SOLE		629,696	0	0
Old Point Financial Corporation	Common	680194107	222	11,927	SH		SOLE		11,927	0	0
Old Second Bancorp, Inc.	Common	680277100	17,748	2,475,284	SH		SOLE		2,475,284	0	0
Orange County Bancorp	Common	68417L107	3,954	110,743	SH		SOLE		110,743	0	0
Oregon Pacific Bancorp	Common	686040205	140	46,659	SH		SOLE		46,659	0	0
Orrstown Financial Services, Inc	Common	687380105	3,185	183,883	SH		SOLE		183,883	0	0
Pacific Continental Corporation	Common	69412V108	26,952	1,670,896	SH		SOLE		1,670,896	0	0
Pacific Financial Corporation	Common	694275108	612	117,521	SH		SOLE		117,521	0	0
Pacific Premier Bancorp, Inc.	Common	69478X105	8,783	410,986	SH		SOLE		410,986	0	0
Paragon Commercial Corporation	Common	69911U403	5,783	231,321	SH		SOLE		231,321	0	0
Paragon Financial Solutions, Inc.	Common	69912S100	1,881	306,312	SH		SOLE		306,312	0	0
Park Sterling Corp.	Common	70086Y105	19,005	2,849,355	SH		SOLE		2,849,355	0	0
Parke Bancorp, Inc.	Common	700885106	3,361	253,676	SH		SOLE		253,676	0	0
PB Bancorp, Inc.	Common	70454T100	1,055	125,601	SH		SOLE		125,601	0	0
Peapack-Gladstone Financial Corporation	Common	704699107	22,883	1,354,019	SH		SOLE		1,354,019	0	0
Peoples Bancorp Inc.	Common	709789101	10,380	531,231	SH		SOLE		531,231	0	0
Peoples Bancorp of North Carolina, Inc.	Common	710577107	2,565	137,887	SH		SOLE		137,887	0	0
People's Bank of Commerce	Common	710311101	1,301	177,989	SH		SOLE		177,989	0	0
Pinnacle Bank	Common	72346K107	1,200	177,566	SH		SOLE		177,566	0	0
Preferred Bank	Common	740367404	744	24,600	SH		SOLE		24,600	0	0
Premier Commercial Bancorp	Common	74048M100	2,752	430,663	SH		SOLE		430,663	0	0
Presidio Bank	Common	74101A100	1,916	147,044	SH		SOLE		147,044	0	0
Private Bancorp of America, Inc.	Common	74274F100	4,658	285,041	SH		SOLE		285,041	0	0
ProAm?rica Bank	Common	74272W105	168	17,323	SH		SOLE		17,323	0	0
Professional Holding Corp.	Common	743139107	813	90,000	SH		SOLE		90,000	0	0
PSB Holdings, Inc.	Common	69360N108	2,630	62,779	SH		SOLE		62,779	0	0
Puget Sound Bank	Common	74532B107	2,366	136,158	SH		SOLE		136,158	0	0
Pulaski Financial	Common	745548107	166	10,300	SH		SOLE		10,300	0	0
Pulaski Financial Corp.	Common	745548107	2,242	138,800	SH		SOLE		138,800	0	0
QCR Holdings, Inc.	Common	74727A104	14,664	614,835	SH		SOLE		614,835	0	0
QNB Corp.	Common	74726N107	3,004	114,410	SH		SOLE		114,410	0	0
Quaint Oak Bancorp	Common	74732T106	1,626	173,000	SH		SOLE		173,000	0	0
Renasant Corporation	Common	75970E107	693	21,048	SH		SOLE		21,048	0	0
Republic First Bancorp, Inc.	Common	760416107	2,824	670,900	SH		SOLE		670,900	0	0
River City Bank	Common	76803X106	684	7,327	SH		SOLE		7,327	0	0
Riverview Bancorp, Inc.	Common	769397100	4,034	960,564	SH		SOLE		960,564	0	0
Royal Financial, Inc.	Common	78027P109	2,057	201,465	SH		SOLE		201,465	0	0
Salisbury Bancorp, Inc.	Common	795226109	782	24,606	SH		SOLE		24,606	0	0
Sandy Spring Bancorp Inc.	Common	800363103	31,912	1,146,693	SH		SOLE		1,146,693	0	0
Santa Cruz County Bank	Common	801827106	278	10,878	SH		SOLE		10,878	0	0
SBT Bancorp, Inc.	Common	78391C106	1,854	104,718	SH		SOLE		104,718	0	0
Seacoast Banking Corporation of Florida	Common	811707801	9,487	600,829	SH		SOLE		600,829	0	0
Select Bancorp, Inc.	Common	81617L108	1,214	151,812	SH		SOLE		151,812	0	0
ServisFirst Bancshares, Inc.	Common	81768T108	5,355	120,600	SH		SOLE		120,600	0	0
Sevier County Bancshares, Inc.	Common	81817P206	1,337	110,000	SH		SOLE		110,000	0	0
Shore Bancshares, Inc.	Common	825107105	7,272	607,020	SH		SOLE		607,020	0	0
Sierra Bancorp	Common	82620P102	8,907	490,735	SH		SOLE		490,735	0	0
Silvercrest Asset Management Group Inc.	Common	828359109	9,647	757,259	SH		SOLE		757,259	0	0
SmartFinancial, Inc.	Common	83190L208	6,024	325,611	SH		SOLE		325,611	0	0
Solvay Bank Corporation	Common	83441Q105	279	11,360	SH		SOLE		11,360	0	0
Somerset Trust Holding Company	Common	835126103	434	15,244	SH		SOLE		15,244	0	0
Southcoast Financial Corporation	Common	84129R100	4,359	334,011	SH		SOLE		334,011	0	0
SouthCrest Financial Group, Inc.	Common	84129X107	1,437	283,386	SH		SOLE		283,386	0	0
Southeastern Bank Financial Corporation	Common	841584105	5,934	237,937	SH		SOLE		237,937	0	0
Southern BancShares (N.C.), Inc.	Common	842243107	1,954	1,564	SH		SOLE		1,564	0	0
Southern First Bancshares, Inc.	Common	842873101	14,159	580,043	SH		SOLE		580,043	0	0
Southern Michigan Bancorp Inc.	Common	84336P103	1,125	52,630	SH		SOLE		52,630	0	0
Southern National Bancorp of Virginia,Inc.	Common	843395104	10,318	865,590	SH		SOLE		865,590	0	0
Southwest Bancorp, Inc.	Common	844767103	13,511	897,721	SH		SOLE		897,721	0	0
State Bank Corp.	Common	856121108	103	21,100	SH		SOLE		21,100	0	0
State Bank Financial Corporation	Common	856190103	34,166	1,729,045	SH		SOLE		1,729,045	0	0
Stifel Financial Corp.	Common	860630102	6,485	219,096	SH		SOLE		219,096	0	0
Stock Yards Bancorp, Inc.	Common	861025104	5,718	148,415	SH		SOLE		148,415	0	0
Stonegate Bank	Common	861811107	14,261	476,017	SH		SOLE		476,017	0	0
Suffolk Bancorp	Common	864739107	26,506	1,050,163	SH		SOLE		1,050,163	0	0
Summit State Bank	Common	866264203	570	43,000	SH		SOLE		43,000	0	0
Sun Bancorp, Inc.	Common	86663B102	505	24,380	SH		SOLE		24,380	0	0
Suncrest Bank	Common	86723G109	2,032	305,063	SH		SOLE		305,063	0	0
Sunshine Bancorp, Inc.	Common	86777J108	3,053	210,000	SH		SOLE		210,000	0	0
Surrey Bancorp	Common	86888W105	420	44,785	SH		SOLE		44,785	0	0
Sussex Bancorp	Common	869245100	4,484	358,688	SH		SOLE		358,688	0	0
Talmer Bancorp, Inc.	Common	87482X101	9,573	529,200	SH		SOLE		529,200	0	0
Texas Capital Bancshares, Inc.	Common	88224Q107	1,226	31,936	SH		SOLE		31,936	0	0
The First Bancorp, Inc.	Common	31866P102	1,994	102,200	SH		SOLE		102,200	0	0
Town and Country Financial Corporation	Common	892039108	848	78,728	SH		SOLE		78,728	0	0
TowneBank	Common	89214P109	192	10,000	SH		SOLE		10,000	0	0
TriCo Bancshares	Common	896095106	1,750	69,118	SH		SOLE		69,118	0	0
TriState Capital Holdings, Inc.	Common	89678F100	25,646	2,035,377	SH		SOLE		2,035,377	0	0
Triumph Bancorp, Inc.	Common	89679E300	2,976	188,000	SH		SOLE		188,000	0	0
Two River Bancorp	Common	90207C105	213	22,449	SH		SOLE		22,449	0	0
Two Rivers Financial Group, Inc.	Common	90206L106	1,277	72,487	SH		SOLE		72,487	0	0
Union Bankshares Corporation	Common	90539J109	13,801	560,351	SH		SOLE		560,351	0	0
United Community Banks, Inc.	Common	90984P303	5,407	292,768	SH		SOLE		292,768	0	0
United Financial Bancorp, Inc.	Common	910304104	6,112	485,486	SH		SOLE		485,486	0	0
United Insurance Holdings Corp.	Common	910710102	3,715	193,369	SH		SOLE		193,369	0	0
Unity Bancorp, Inc.	Common	913290102	7,235	636,325	SH		SOLE		636,325	0	0
Univest Corporation of Pennsylvania	Common	915271100	3,242	166,153	SH		SOLE		166,153	0	0
Valley Commerce Bancorp	Common	919518100	3,790	257,503	SH		SOLE		257,503	0	0
Veritex Holdings, Inc.	Common	923451108	2,773	190,860	SH		SOLE		190,860	0	0
Village Bank and Trust Financial Corp.	Common	92705T200	551	29,133	SH		SOLE		29,133	0	0
Virginia National Bankshares Corp.	Common	928031103	4,592	209,209	SH		SOLE		209,209	0	0
W.T.B. Financial Corporation	Common	929334209	11,066	66,764	SH		SOLE		66,764	0	0
Washington Trust Bancorp, Inc.	Common	940610108	1,887	50,575	SH		SOLE		50,575	0	0
WashingtonFirst Bankshares, Inc.	Common	940730104	3,284	150,299	SH		SOLE		150,299	0	0
Waterstone Financial, Inc.	Common	94188P101	12,566	918,568	SH		SOLE		918,568	0	0
West Bancorporation, Inc.	Common	95123P106	4,258	233,578	SH		SOLE		233,578	0	0
West Suburban Bancorp, Inc.	Common	956152409	2,110	6,747	SH		SOLE		6,747	0	0
Westbury Bancorp, Inc.	Common	95727P106	6,341	333,746	SH		SOLE		333,746	0	0
Westfield Financial Inc.	Common	96008P104	4,146	491,813	SH		SOLE		491,813	0	0
Wintrust Financial Corporation	Common	97650W108	5,578	125,802	SH		SOLE		125,802	0	0
Xenith Bankshares, Inc.	Common	98410X105	4,339	573,926	SH		SOLE		573,926	0	0
Yadkin Financial Corporation	Common	984305102	5,672	239,624	SH		SOLE		239,624	0	0
York Traditions Bank	Common	987159100	215	24,300	SH		SOLE		24,300	0	0