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	5,712	329,249	SH		SOLE		329,249	0	0
1st Colonial Bancorp	Common	319716106	4,259	353,477	SH		SOLE		353,477	0	0
1st Constitution Bancorp	Common	31986N102	13,030	569,010	SH		SOLE		569,010	0	0
Access National Corporation	Common	004337101	1,165	40,740	SH		SOLE		40,740	0	0
AJS Bancorp, Inc.	Common	001503101	796	56,668	SH		SOLE		56,668	0	0
Allegiance Bancshares, Inc.	Common	01748H107	17,660	407,387	SH		SOLE		407,387	0	0
AMB Financial Corp.	Common	001984103	1,730	93,750	SH		SOLE		93,750	0	0
American Business Bank	Common	02475L105	7,911	199,008	SH		SOLE		199,008	0	0
American River Bankshares	Common	029326105	515	32,522	SH		SOLE		32,522	0	0
American Riviera Bank	Common	02932A106	7,261	381,965	SH		SOLE		381,965	0	0
Americas United Bank	Common	03063C101	1,305	97,400	SH		SOLE		97,400	0	0
Aquesta Financial Holdings, Inc.	Common	03842L109	1,974	162,518	SH		SOLE		162,518	0	0
Atlantic Capital Bancshares, Inc.	Common	048269203	2,371	120,646	SH		SOLE		120,646	0	0
Auburn National Bancorporation, Inc.	Common	050473107	4,084	82,327	SH		SOLE		82,327	0	0
Avidbank Holdings, Inc.	Common	05368J103	6,589	263,543	SH		SOLE		263,543	0	0
Banc of California, Inc.	Common	05990K106	8,485	433,998	SH		SOLE		433,998	0	0
Bank First National Corporation	Common	06211J100	7,904	147,494	SH		SOLE		147,494	0	0
Bank of Commerce Holdings	Common	06424J103	9,288	728,469	SH		SOLE		728,469	0	0
Bank of Fincastle	Common	062113105	1,185	506,486	SH		SOLE		506,486	0	0
Bank of Marin Bancorp	Common	063425102	12,173	150,557	SH		SOLE		150,557	0	0
Bank of Princeton	Common	064520109	10,232	307,721	SH		SOLE		307,721	0	0
Bank of Santa Clarita	Common	06424K100	2,389	118,860	SH		SOLE		118,860	0	0
Bank of Southern California, N. A.	Common	065104101	7,720	523,390	SH		SOLE		523,390	0	0
Bank of the James Financial Group, Inc.	Common	470299108	3,991	241,156	SH		SOLE		241,156	0	0
BankFinancial Corporation	Common	06643P104	7,386	418,487	SH		SOLE		418,487	0	0
Bankwell Financial Group, Inc.	Common	06654A103	15,825	492,232	SH		SOLE		492,232	0	0
Bar Harbor Bankshares	Common	066849100	3,415	112,729	SH		SOLE		112,729	0	0
BCB Bancorp, Inc.	Common	055298103	7,155	476,996	SH		SOLE		476,996	0	0
blueharbor bank	Common	095613105	131	10,800	SH		SOLE		10,800	0	0
Boston Private Financial Holdings, Inc.	Common	101119105	20,296	1,276,463	SH		SOLE		1,276,463	0	0
Bridge Bancorp Inc.	Common	108035106	4,861	135,220	SH		SOLE		135,220	0	0
Bridgewater Bancshares, Inc.	Common	108621103	1,272	100,000	SH		SOLE		100,000	0	0
Brookline-MA	Common	11373M107	4,237	227,800	SH		SOLE		227,800	0	0
Bryn Mawr Bank Corporation	Common	117665109	6,110	131,971	SH		SOLE		131,971	0	0
BSB Bancorp, Inc.	Common	05573H108	32,455	943,460	SH		SOLE		943,460	0	0
Business First Bancshares, Inc.	Common	12326C105	13,439	510,000	SH		SOLE		510,000	0	0
Byline Bancorp, Inc.	Common	124411109	11,458	512,885	SH		SOLE		512,885	0	0
California BanCorp	Common	13005U101	6,364	293,942	SH		SOLE		293,942	0	0
Cambridge Bancorp	Common	132152109	13,022	150,475	SH		SOLE		150,475	0	0
CapStar Financial Holdings, Inc.	Common	14070T102	5,103	275,400	SH		SOLE		275,400	0	0
Carolina Alliance Bank	Common	126742105	561	44,369	SH		SOLE		44,369	0	0
Carolina Financial Corporation	Common	143873107	7,181	167,316	SH		SOLE		167,316	0	0
Carolina Trust BancShares, Inc.	Common	14422P105	4,543	551,294	SH		SOLE		551,294	0	0
Carter Bank & Trust	Common	146102108	1,013	56,406	SH		SOLE		56,406	0	0
Cashmere Valley Bank	Common	14756K102	3,971	57,882	SH		SOLE		57,882	0	0
CB Financial Services, Inc.	Common	12479G101	4,390	127,616	SH		SOLE		127,616	0	0
CBTX, Inc.	Common	12481V104	4,131	125,000	SH		SOLE		125,000	0	0
CenterState Bank Corporation	Common	15201P109	9,457	317,150	SH		SOLE		317,150	0	0
Central Valley Community Bancorp	Common	155685100	13,993	661,317	SH		SOLE		661,317	0	0
Centric Financial Corporation	Common	15641J101	7,386	642,292	SH		SOLE		642,292	0	0
Century Bancorp, Inc.	Common	156432106	5,568	72,882	SH		SOLE		72,882	0	0
Century Financial Corporation	Common	15652L102	2,403	121,646	SH		SOLE		121,646	0	0
Charter Financial Corporation	Common	16122W108	2,502	103,583	SH		SOLE		103,583	0	0
Chino Commercial Bancorp	Common	16957L102	2,094	115,327	SH		SOLE		115,327	0	0
Citizens Bancorp	Common	172950107	2,942	145,261	SH		SOLE		145,261	0	0
Citizens Community Bancorp, Inc.	Common	174903104	325	23,000	SH		SOLE		23,000	0	0
Citizens Financial Services	Common	174615104	3,331	52,872	SH		SOLE		52,872	0	0
CNB Financial Corporation	Common	126128107	13,710	456,087	SH		SOLE		456,087	0	0
Coastal Carolina Bancshares, Inc.	Common	190435107	2,402	262,238	SH		SOLE		262,238	0	0
CoBiz Financial Inc.	Common	190897108	2,617	121,853	SH		SOLE		121,853	0	0
Codorus Valley Bancorp, Inc.	Common	192025104	19,812	645,777	SH		SOLE		645,777	0	0
Commencement Bank	Common	20051L109	3,905	231,041	SH		SOLE		231,041	0	0
Communities First Financial Corporation	Common	20344D104	3,936	170,745	SH		SOLE		170,745	0	0
Community Bancorp of Santa Maria	Common	20344R103	2,451	173,824	SH		SOLE		173,824	0	0
Community Bank	Common	203507108	2,424	8,750	SH		SOLE		8,750	0	0
Community Bank of the Bay	Common	203485107	2,733	404,940	SH		SOLE		404,940	0	0
Community Bankers Trust Corporation	Common	203612106	7,689	859,154	SH		SOLE		859,154	0	0
Community Financial Corporation	Common	20368X101	9,234	261,132	SH		SOLE		261,132	0	0
ConnectOne Bancorp, Inc.	Common	20786W107	16,911	679,153	SH		SOLE		679,153	0	0
Consumers Bancorp, Inc.	Common	210509105	3,409	142,032	SH		SOLE		142,032	0	0
County Bancorp, Inc.	Common	221907108	7,418	269,731	SH		SOLE		269,731	0	0
Dime Community Bancshares, Inc.	Common	253922108	4,169	213,800	SH		SOLE		213,800	0	0
DNB Financial Corporation	Common	233237106	2,869	81,867	SH		SOLE		81,867	0	0
Eagle Bancorp, Inc.	Common	268948106	9,672	157,777	SH		SOLE		157,777	0	0
Eagle Financial Services Inc.	Common	26951R104	2,496	69,365	SH		SOLE		69,365	0	0
Embassy Bancorp, Inc.	Common	290791102	3,597	209,137	SH		SOLE		209,137	0	0
Emclaire Financial Corp.	Common	290828102	4,020	117,207	SH		SOLE		117,207	0	0
Empire Bancorp Inc.	Common	291617108	1,503	100,188	SH		SOLE		100,188	0	0
Enterprise Bancorp, Inc.	Common	293668109	11,666	288,552	SH		SOLE		288,552	0	0
Enterprise Financial Services Corp	Common	293712105	25,789	478,020	SH		SOLE		478,020	0	0
Equity Bancshares, Inc.	Common	29460X109	13,499	325,443	SH		SOLE		325,443	0	0
Esquire Bank, National Association	Common	29667J101	1,320	50,000	SH		SOLE		50,000	0	0
ESSA Bancorp, Inc.	Common	29667D104	1,995	126,022	SH		SOLE		126,022	0	0
Farmers National Banc Corp.	Common	309627107	4,146	259,910	SH		SOLE		259,910	0	0
Fauquier Bancshares, Inc.	Common	312059108	1,435	67,676	SH		SOLE		67,676	0	0
FB Financial Corp.	Common	30257X104	4,273	104,940	SH		SOLE		104,940	0	0
FCB Financial Holdings, Inc.	Common	30255G103	12,023	204,475	SH		SOLE		204,475	0	0
FedNat Holding Company	Common	31431B109	2,471	107,100	SH		SOLE		107,100	0	0
Fentura Financial, Inc.	Common	314645102	5,790	274,411	SH		SOLE		274,411	0	0
Fidelity Southern Corporation	Common	316394105	31,212	1,228,323	SH		SOLE		1,228,323	0	0
Financial Institutions, Inc.	Common	317585404	4,232	128,619	SH		SOLE		128,619	0	0
FineMark Holdings, Inc.	Common	31788B108	5,461	191,600	SH		SOLE		191,600	0	0
First Bancshares, Inc.	Common	318916103	24,747	688,364	SH		SOLE		688,364	0	0
First Bank	Common	31931U102	17,707	1,273,861	SH		SOLE		1,273,861	0	0
First Busey Corporation	Common	319383204	215	6,772	SH		SOLE		6,772	0	0
First Business Financial Services	Common	319390100	21,633	832,052	SH		SOLE		832,052	0	0
First Choice Bancorp	Common	31948P104	20,239	662,270	SH		SOLE		662,270	0	0
First Citrus Bancorporation, Inc.	Common	31959T102	570	22,567	SH		SOLE		22,567	0	0
First Community Corporation	Common	319835104	4,989	198,768	SH		SOLE		198,768	0	0
First Defiance Financial Corp.	Common	32006W106	5,757	85,850	SH		SOLE		85,850	0	0
First Farmers and Merchants Corporation	Common	320148109	521	12,500	SH		SOLE		12,500	0	0
First Foundation Inc.	Common	32026V104	24,589	1,326,283	SH		SOLE		1,326,283	0	0
First Guaranty Bancshares, Inc.	Common	32043P106	2,956	113,590	SH		SOLE		113,590	0	0
First Home Bancorp, Inc.	Common	32050L105	2,316	89,062	SH		SOLE		89,062	0	0
First Internet Bancorp	Common	320557101	4,740	139,000	SH		SOLE		139,000	0	0
First Mid-Illinois	Common	320866106	2,719	69,197	SH		SOLE		69,197	0	0
First Midwest Bancorp, Inc.	Common	320867104	12,553	492,836	SH		SOLE		492,836	0	0
First National Corporation	Common	32106V107	2,525	125,322	SH		SOLE		125,322	0	0
First Northern Community Bancorp	Common	335925103	5,502	401,298	SH		SOLE		401,298	0	0
First of Long Island Corp.	Common	320734106	7,133	287,050	SH		SOLE		287,050	0	0
First Priority Financial Corp.	Common	33612N100	991	83,179	SH		SOLE		83,179	0	0
First Reliance Bancshares, Inc.	Common	33615Q100	636	84,792	SH		SOLE		84,792	0	0
First Security, Inc.	Common	336327101	2,158	53,475	SH		SOLE		53,475	0	0
First South Bancorp, Inc.	Common	33646D102	1,597	1,597,246	SH		SOLE		1,597,246	0	0
First Virginia Community Bank	Common	36120Q101	5,823	338,561	SH		SOLE		338,561	0	0
Flagstar Bancorp, Inc.	Common	337930705	9,160	267,365	SH		SOLE		267,365	0	0
FNB Bancorp	Common	302515101	3,477	94,823	SH		SOLE		94,823	0	0
Foresight Financial Group, Inc.	Common	345526107	9,880	279,091	SH		SOLE		279,091	0	0
Franklin Financial Network, Inc.	Common	35352P104	6,241	165,976	SH		SOLE		165,976	0	0
Franklin Financial Services Corp.	Common	353525108	4,600	134,309	SH		SOLE		134,309	0	0
Freedom Bank of Virginia	Common	35633M102	2,167	179,059	SH		SOLE		179,059	0	0
Grand River Commerce, Inc.	Common	386441109	1,091	181,819	SH		SOLE		181,819	0	0
GrandSouth Bancorporation	Common	386627301	2,313	125,000	SH		SOLE		125,000	0	0
Greater Hudson Bank	Common	391868106	1,059	189,149	SH		SOLE		189,149	0	0
Green Bancorp, Inc.	Common	39260X100	10,244	474,269	SH		SOLE		474,269	0	0
Guaranty Bancorp	Common	40075T607	298	10,000	SH		SOLE		10,000	0	0
Guaranty Bancshares, Inc.	Common	400764106	4,267	129,547	SH		SOLE		129,547	0	0
Heritage Commerce Corp	Common	426927109	8,832	519,816	SH		SOLE		519,816	0	0
Heritage Financial Corporation	Common	42722X106	2,796	80,225	SH		SOLE		80,225	0	0
Highlands Bancorp, Inc.	Common	430887109	3,586	236,720	SH		SOLE		236,720	0	0
Hingham Institution for Savings	Common	433323102	517	2,355	SH		SOLE		2,355	0	0
Home Federal Bancorp, Inc. of Louisiana	Common	43708L108	3,100	98,556	SH		SOLE		98,556	0	0
HomeTown Bankshares Corporation	Common	43787N108	595	42,342	SH		SOLE		42,342	0	0
Howard Bancorp, Inc.	Common	442496105	3,594	199,687	SH		SOLE		199,687	0	0
Iberiabank Corp	Common	450828108	15,510	204,613	SH		SOLE		204,613	0	0
IF Bancorp, Inc.	Common	44951J105	1,292	54,072	SH		SOLE		54,072	0	0
Independent Bank Group, Inc	Common	45384B106	2,037	30,500	SH		SOLE		30,500	0	0
Investar Holding Corporation	Common	46134L105	15,056	544,513	SH		SOLE		544,513	0	0
James River Group Holdings, Ltd.	Common	G5005R107	2,091	53,210	SH		SOLE		53,210	0	0
John Marshall Bank	Common	47805L101	4,987	267,375	SH		SOLE		267,375	0	0
Kentucky Bancshares, Inc.	Common	491203105	4,121	82,254	SH		SOLE		82,254	0	0
Kingstone Companies, Inc.	Common	496719105	4,064	240,500	SH		SOLE		240,500	0	0
Lake Shore Bancorp	Common	510700107	3,771	219,879	SH		SOLE		219,879	0	0
Lakeland Bancorp, Inc.	Common	511637100	24,525	1,235,529	SH		SOLE		1,235,529	0	0
Ledyard Financial Group, Inc.	Common	523338101	2,233	100,350	SH		SOLE		100,350	0	0
LegacyTexas Financial Group, Inc.	Common	52471Y106	3,831	98,192	SH		SOLE		98,192	0	0
Level One Bancorp, Inc.	Common	52730D208	17,811	655,292	SH		SOLE		655,292	0	0
Lighthouse Bank	Common	53223T106	1,812	75,995	SH		SOLE		75,995	0	0
Limestone Bancorp, Inc.	Common	53262L105	3,047	199,935	SH		SOLE		199,935	0	0
Luther Burbank Corporation	Common	550550107	3,603	313,000	SH		SOLE		313,000	0	0
Macatawa Bank Corporation	Common	554225102	6,575	541,618	SH		SOLE		541,618	0	0
MainStreet Bancshares, Inc.	Common	56064Y100	11,103	535,075	SH		SOLE		535,075	0	0
Malvern Bancorp, Inc.	Common	561409103	13,219	542,894	SH		SOLE		542,894	0	0
Manning & Napier, Inc.	Common	56382Q102	458	147,860	SH		SOLE		147,860	0	0
MBT Financial Corp.	Common	578877102	546	51,293	SH		SOLE		51,293	0	0
Mercantile Bank Corporation	Common	587376104	48,648	1,316,226	SH		SOLE		1,316,226	0	0
Merchants Bancorp	Common	58844R108	7,337	257,153	SH		SOLE		257,153	0	0
Merchants Financial Group, Inc.	Common	588538108	6,114	81,687	SH		SOLE		81,687	0	0
Meridian Bank	Common	58958P104	9,184	504,906	SH		SOLE		504,906	0	0
Meridian Interstate Bancorp	Common	58958U103	1,915	100,001	SH		SOLE		100,001	0	0
Metro Phoenix Bank	Common	59165E106	3,061	261,167	SH		SOLE		261,167	0	0
Metropolitan Bank Holding Corp.	Common	591774104	6,822	130,000	SH		SOLE		130,000	0	0
Middlefield Banc Corp.	Common	596304204	3,878	76,491	SH		SOLE		76,491	0	0
Middletown Valley Bank	Common	597338102	1,318	52,632	SH		SOLE		52,632	0	0
MidWestOne Financial Group, Inc.	Common	598511103	3,685	109,100	SH		SOLE		109,100	0	0
Mission Valley Bancorp	Common	60520E104	4,720	277,639	SH		SOLE		277,639	0	0
Mountain Commerce Bancorp	Common	624004107	7,706	398,253	SH		SOLE		398,253	0	0
MVB Financial Corp.	Common	553810102	8,633	478,261	SH		SOLE		478,261	0	0
National Commerce Corporation	Common	63546L102	16,454	355,371	SH		SOLE		355,371	0	0
National General Holdings Corporation	Common	636220303	2,380	90,388	SH		SOLE		90,388	0	0
Nicolet Bankshares, Inc.	Common	65406E102	18,877	342,532	SH		SOLE		342,532	0	0
Northeast Community Bancorp, Inc.	Common	664112109	3,049	276,900	SH		SOLE		276,900	0	0
Northway Financial, Inc.	Common	667270201	6,209	200,305	SH		SOLE		200,305	0	0
Northwest Bancorporation, Inc.	Common	667337109	5,999	279,566	SH		SOLE		279,566	0	0
NorthWest Indiana Bancorp	Common	667516108	3,371	78,476	SH		SOLE		78,476	0	0
Oak Ridge Financial Services, Inc.	Common	671768109	3,119	201,193	SH		SOLE		201,193	0	0
Oak Valley Bancorp	Common	671807105	10,188	445,489	SH		SOLE		445,489	0	0
Old Line Bancshares, Inc.	Common	67984M100	9,938	284,686	SH		SOLE		284,686	0	0
Old Second Bancorp, Inc.	Common	680277100	31,300	2,173,606	SH		SOLE		2,173,606	0	0
Orange County Bancorp	Common	68417L107	8,655	270,456	SH		SOLE		270,456	0	0
Origin Bancorp Inc.	Common	68621T102	42,376	1,035,086	SH		SOLE		1,035,086	0	0
Pacific Commerce Bancorp	Common	69413A103	1,597	118,328	SH		SOLE		118,328	0	0
Pacific Financial Corporation	Common	694275108	6,601	558,266	SH		SOLE		558,266	0	0
Paragon Financial Solutions, Inc.	Common	69912S100	1,321	119,536	SH		SOLE		119,536	0	0
PB Bancorp, Inc.	Common	70454T100	270	23,801	SH		SOLE		23,801	0	0
Peapack-Gladstone Financial Corporation	Common	704699107	40,634	1,174,747	SH		SOLE		1,174,747	0	0
Peoples Bancorp	Common	70979X107	1,844	8,996	SH		SOLE		8,996	0	0
Peoples Bancorp Inc.	Common	709789101	14,423	381,764	SH		SOLE		381,764	0	0
People's Bank of Commerce	Common	710311101	2,338	173,725	SH		SOLE		173,725	0	0
Pinnacle Bancshares, Inc.	Common	722903101	1,502	62,565	SH		SOLE		62,565	0	0
Pinnacle Bank	Common	72346K107	4,212	290,563	SH		SOLE		290,563	0	0
Pinnacle Bankshares Corporation	Common	72345E102	3,263	110,230	SH		SOLE		110,230	0	0
Pioneer Bancshares, Inc	Common	72357G102	914	30,000	SH		SOLE		30,000	0	0
Premier Commercial Bancorp	Common	74048M100	3,824	227,645	SH		SOLE		227,645	0	0
Presidio Bank	Common	74101A100	2,408	91,044	SH		SOLE		91,044	0	0
Prime Meridian Holding Company	Common	74164R107	1,572	77,415	SH		SOLE		77,415	0	0
Private Bancorp of America, Inc.	Common	74274F100	10,746	416,178	SH		SOLE		416,178	0	0
Professional Holding Corp.	Common	743139107	2,250	125,000	SH		SOLE		125,000	0	0
PSB Holdings, Inc.	Common	69360N108	10,287	139,015	SH		SOLE		139,015	0	0
QCR Holdings, Inc.	Common	74727A104	14,689	309,561	SH		SOLE		309,561	0	0
QNB Corp.	Common	74726N107	8,044	172,425	SH		SOLE		172,425	0	0
Reliant Bancorp, Inc.	Common	75956B101	9,594	342,020	SH		SOLE		342,020	0	0
Republic First Bancorp, Inc.	Common	760416107	18,968	2,416,326	SH		SOLE		2,416,326	0	0
Revere Bank	Common	761402106	3,385	110,817	SH		SOLE		110,817	0	0
River City Bank	Common	76803X106	2,813	12,557	SH		SOLE		12,557	0	0
Riverview Bancorp, Inc.	Common	769397100	4,877	577,900	SH		SOLE		577,900	0	0
Riverview Financial Corporation	Common	76940Q105	2,742	216,760	SH		SOLE		216,760	0	0
Salisbury Bancorp, Inc.	Common	795226109	1,159	26,216	SH		SOLE		26,216	0	0
Sandy Spring Bancorp Inc.	Common	800363103	36,995	902,103	SH		SOLE		902,103	0	0
Santa Cruz County Bank	Common	801827106	1,339	27,365	SH		SOLE		27,365	0	0
SB Financial Group, Inc.	Common	78408D105	2,822	138,889	SH		SOLE		138,889	0	0
SB One Bancorp	Common	78413T103	20,468	689,144	SH		SOLE		689,144	0	0
SBT Bancorp, Inc.	Common	78391C106	2,737	79,321	SH		SOLE		79,321	0	0
Seacoast Banking Corporation of Florida	Common	811707801	15,802	500,369	SH		SOLE		500,369	0	0
Sevier County Bancshares, Inc.	Common	81817P206	1,172	110,000	SH		SOLE		110,000	0	0
Shore Bancshares, Inc.	Common	825107105	10,760	565,733	SH		SOLE		565,733	0	0
Sierra Bancorp	Common	82620P102	10,693	378,651	SH		SOLE		378,651	0	0
Silvercrest Asset Management Group Inc.	Common	828359109	11,738	720,132	SH		SOLE		720,132	0	0
SmartFinancial, Inc.	Common	83190L208	13,020	505,420	SH		SOLE		505,420	0	0
Solvay Bank Corporation	Common	83441Q105	1,550	37,743	SH		SOLE		37,743	0	0
Somerset Trust Holding Company	Common	835126103	1,907	42,374	SH		SOLE		42,374	0	0
South Atlantic Bancshares, Inc.	Common	83636T104	1,972	137,388	SH		SOLE		137,388	0	0
SouthCrest Financial Group, Inc.	Common	84129X107	3,434	284,968	SH		SOLE		284,968	0	0
Southern BancShares (N.C.), Inc.	Common	842243107	9,739	2,563	SH		SOLE		2,563	0	0
Southern First Bancshares, Inc.	Common	842873101	22,712	513,837	SH		SOLE		513,837	0	0
Southern Michigan Bancorp Inc.	Common	84336P103	2,615	71,630	SH		SOLE		71,630	0	0
Southern National Bancorp of Virginia,Inc.	Common	843395104	27,110	1,519,625	SH		SOLE		1,519,625	0	0
Southern States Bancshares	Common	843878109	3,366	232,143	SH		SOLE		232,143	0	0
Spirit of Texas Bancshares, Inc.	Common	84861D103	2,575	125,000	SH		SOLE		125,000	0	0
Standard AVB Financial Corp.	Common	85303B100	8,029	265,327	SH		SOLE		265,327	0	0
State Bank Corp.	Common	856121108	331	21,100	SH		SOLE		21,100	0	0
State Bank Financial Corporation	Common	856190103	9,412	281,811	SH		SOLE		281,811	0	0
Sterling Bancorp, Inc.	Common	85917W102	5,758	431,000	SH		SOLE		431,000	0	0
Stifel Financial Corp.	Common	860630102	1,433	27,427	SH		SOLE		27,427	0	0
Summit State Bank	Common	866264203	2,565	166,007	SH		SOLE		166,007	0	0
Suncrest Bank	Common	86723G109	12,763	945,440	SH		SOLE		945,440	0	0
Surrey Bancorp	Common	86888W105	935	69,785	SH		SOLE		69,785	0	0
TGR Financial, Inc.	Common	87243P108	7,197	578,518	SH		SOLE		578,518	0	0
Three Shores Bancorporation, Inc.	Common	885753103	2,340	300,000	SH		SOLE		300,000	0	0
Town and Country Financial Corporation	Common	892039108	732	34,513	SH		SOLE		34,513	0	0
TowneBank	Common	89214P109	1,578	49,152	SH		SOLE		49,152	0	0
Tri City Bankshares Corporation	Common	895364107	2,959	136,970	SH		SOLE		136,970	0	0
Tri-County Financial Group, Inc.	Common	89546P108	1,145	26,822	SH		SOLE		26,822	0	0
TriState Capital Holdings, Inc.	Common	89678F100	40,908	1,567,338	SH		SOLE		1,567,338	0	0
Triumph Bancorp, Inc.	Common	89679E300	16,903	414,796	SH		SOLE		414,796	0	0
Truxton Corporation	Common	89845Y107	370	9,800	SH		SOLE		9,800	0	0
Two River Bancorp	Common	90207C105	4,204	219,736	SH		SOLE		219,736	0	0
Two Rivers Financial Group, Inc.	Common	90206L106	3,181	93,708	SH		SOLE		93,708	0	0
Union Bankshares Corporation	Common	90539J109	21,759	559,642	SH		SOLE		559,642	0	0
United Community Banks, Inc.	Common	90984P303	4,877	159,022	SH		SOLE		159,022	0	0
United Financial Bancorp, Inc.	Common	910304104	9,154	522,510	SH		SOLE		522,510	0	0
United Insurance Holdings Corp.	Common	910710102	4,924	251,459	SH		SOLE		251,459	0	0
Unity Bancorp, Inc.	Common	913290102	20,387	896,136	SH		SOLE		896,136	0	0
Univest Corporation of Pennsylvania	Common	915271100	5,210	189,452	SH		SOLE		189,452	0	0
Uwharrie Capital Corp	Common	918183104	947	157,538	SH		SOLE		157,538	0	0
Veritex Holdings, Inc.	Common	923451108	18,433	593,273	SH		SOLE		593,273	0	0
Village Bank and Trust Financial Corp.	Common	92705T200	983	29,133	SH		SOLE		29,133	0	0
Virginia National Bankshares Corp.	Common	928031103	5,108	99,401	SH		SOLE		99,401	0	0
W.T.B. Financial Corporation	Common	929334209	16,504	43,432	SH		SOLE		43,432	0	0
Washington Trust Bancorp, Inc.	Common	940610108	2,044	35,175	SH		SOLE		35,175	0	0
Waterstone Financial, Inc.	Common	94188P101	13,208	774,657	SH		SOLE		774,657	0	0
Wellesley Bancorp, Inc.	Common	949485106	1,045	30,879	SH		SOLE		30,879	0	0
West Suburban Bancorp, Inc.	Common	956152409	5,762	8,350	SH		SOLE		8,350	0	0
Westbury Bancorp, Inc.	Common	95727P106	7,951	356,064	SH		SOLE		356,064	0	0
York Traditions Bank	Common	987159100	4,118	204,391	SH		SOLE		204,391	0	0