Basswood Capital Management, L.L.C. 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

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
Estimated average burden
hours per response:		23.8

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 CENTURY BANCSHARES, INC.	COM	31943X102	420	58,723	SH		SOLE		58,723	0	0
1ST UNITED BANCORP INC.	COM	33740N105	617	82,189	SH		SOLE		82,189	0	0
AMERICAN RIVER BANKSHARES	COM	029326105	2,512	265,777	SH		SOLE		265,777	0	0
AMERISERV FINL, INC.	COM	03074A102	1,289	425,285	SH		SOLE		425,285	0	0
ANIXTER INTERNATIONAL INC	COM	035290105	25,777	286,925	SH		SOLE		286,925	0	0
ARMSTRONG WORLD INDUSTRIES, INC.	COM	04247X102	5,410	93,908	SH		SOLE		93,908	0	0
ASTORIA FINL CORP.	COM	046265104	16,240	1,174,223	SH		SOLE		1,174,223	0	0
ATLANTIC COAST FINL CORP.	COM	048426100	5,959	1,376,129	SH		SOLE		1,376,129	0	0
BANC CALIF INC.	COM	05990K106	21,024	1,567,765	SH		SOLE		1,567,765	0	0
BANCORPSOUTH INC	COM	059692103	1,472	57,919	SH		SOLE		57,919	0	0
BANK MUTUAL CORPORATION	COM	063750103	7,530	1,074,154	SH		SOLE		1,074,154	0	0
BANK OF AMERICA CORP.	COM	060505104	54,200	3,481,038	SH		SOLE		3,481,038	0	0
BANK OF MARIN BANCORP	COM	063425102	4,004	92,290	SH		SOLE		92,290	0	0
BANK OF NEW YORK	COM	064058100	41,694	1,193,292	SH		SOLE		1,193,292	0	0
BANKFINL CORPORATION	COM	06643P104	9,100	993,403	SH		SOLE		993,403	0	0
BANNER CORPORATION	COM NEW	06652V208	1,607	35,845	SH		SOLE		35,845	0	0
BARNES & NOBLE, INC.	COM	067774109	970	64,900	SH		SOLE		64,900	0	0
BEACON ROOFING SUPPLY INC.	COM	073685109	14,259	354,004	SH		SOLE		354,004	0	0
BELDEN INC.	COM	077454106	43,190	613,054	SH		SOLE		613,054	0	0
BLACKROCK INC.	COM	09247X101	2,213	6,994	SH		SOLE		6,994	0	0
BOK FINL CORP	COM NEW	05561Q201	9,515	143,477	SH		SOLE		143,477	0	0
BOSTON PRIVATE FINL HOLDINGS	COM	101119105	13,786	1,092,399	SH		SOLE		1,092,399	0	0
BRIDGE BANCORP, INC.	COM	108035106	8,050	309,610	SH		SOLE		309,610	0	0
BRIDGE CAPITAL HOLDINGS	COM	108030107	14,131	687,957	SH		SOLE		687,957	0	0
CAPITAL CITY BANK GROUP, INC.	COM	139674105	7,862	667,977	SH		SOLE		667,977	0	0
CARDINAL FINL CORPORATION	COM	14149F109	2,699	150,000	SH		SOLE		150,000	0	0
CARLISLE COS INC.	COM	142339100	26,827	337,866	SH		SOLE		337,866	0	0
CARNIVAL CORP.	PAIRED CTF	143658300	5,665	141,020	SH		SOLE		141,020	0	0
CAROLINA BANK HOLDINGS, INC.	COM	143785103	1,629	160,929	SH		SOLE		160,929	0	0
CASCADE BANCORP	COM NEW	147154207	20	3,800	SH		SOLE		3,800	0	0
CENTERSTATE BANKS, INC.	COM	15201P109	16,742	1,649,437	SH		SOLE		1,649,437	0	0
CENTRAL PAC FINL CORP	COM NEW	154760409	22,288	1,109,949	SH		SOLE		1,109,949	0	0
CENTRAL VALLEY COMMNTY BANCORP	COM	155685100	3,497	310,812	SH		SOLE		310,812	0	0
CIT GROUP INC.	COM NEW	125581801	40,986	786,230	SH		SOLE		786,230	0	0
CITIGROUP INC	COM NEW	172967424	41,725	800,714	SH		SOLE		800,714	0	0
CITY NATIONAL CORP.	COM	178566105	26,578	335,502	SH		SOLE		335,502	0	0
COMERICA, INC.	COM	200340107	4,277	89,972	SH		SOLE		89,972	0	0
COMMUNITY FINL CORP MD	COM	20368X101	5,179	250,065	SH		SOLE		250,065	0	0
COUSINS PPTYS INC	COM	222795106	151	14,659	SH		SOLE		14,659	0	0
CU BANCORP CALIF	COM	126534106	14,835	848,711	SH		SOLE		848,711	0	0
D R HORTON, INC.	COM	23331A109	3,292	147,471	SH		SOLE		147,471	0	0
DANA HOLDING CORPORATION	COM	235825205	9,465	482,418	SH		SOLE		482,418	0	0
DOVER CORPORATION	COM	260003108	18,899	195,759	SH		SOLE		195,759	0	0
DUKE REALTY CORP.	COM NEW	264411505	483	32,095	SH		SOLE		32,095	0	0
EASTERN VA BANKSHARES, INC.	COM	277196101	1,200	171,382	SH		SOLE		171,382	0	0
EMCOR GROUP INC.	COM	29084Q100	7,190	169,421	SH		SOLE		169,421	0	0
ENSCO PLC	SH CLS A	G3157S106	3,868	67,639	SH		SOLE		67,639	0	0
FARMERS CAP BK CORP	COM	309562106	14,822	681,451	SH		SOLE		681,451	0	0
FASTENAL CO	COM	311900104	428	9,000	SH		SOLE		9,000	0	0
FELCOR LODGING TR INC	COM	31430F101	564	69,095	SH		SOLE		69,095	0	0
FIDELITY NATIONAL FINL	CL A	31620R105	10,844	334,183	SH		SOLE		334,183	0	0
FIDELITY NATL INFORMATION SV	COM	31620M106	9,323	173,670	SH		SOLE		173,670	0	0
FIDELITY SOUTHERN CORP NEW	COM	316394105	32,629	1,964,411	SH		SOLE		1,964,411	0	0
FIFTH THIRD BANCORP	COM	316773100	2,627	124,899	SH		SOLE		124,899	0	0
FIRST AMERN FINL CORP.	COM	31847R102	18,510	656,387	SH		SOLE		656,387	0	0
FIRST BANCORP	COM	318910106	20,737	1,247,725	SH		SOLE		1,247,725	0	0
FIRST CONN BANCORP INC MD	COM	319850103	6,607	409,888	SH		SOLE		409,888	0	0
FIRST FINL HLDGS INC NEW	COM	32023E105	2,817	42,350	SH		SOLE		42,350	0	0
FIRST HORIZON NATIONAL CORP.	COM	320517105	1,024	87,900	SH		SOLE		87,900	0	0
FIRST INDUSTRIAL REALTY TRUST	COM	32054K103	367	21,003	SH		SOLE		21,003	0	0
FIRST INTERNET BANCORP	COM	320557101	3,893	173,042	SH		SOLE		173,042	0	0
FIRST NBC BK HLDG CO	COM	32115D106	36,751	1,137,814	SH		SOLE		1,137,814	0	0
FIRST NIAGARA FINL GP INC	COM	33582V108	544	51,187	SH		SOLE		51,187	0	0
FIRST SECURITY GROUP INC.	COM NEW	336312202	7,127	3,098,583	SH		SOLE		3,098,583	0	0
FLUOR CORP NEW	COM	343412102	2,619	32,620	SH		SOLE		32,620	0	0
GENERAL CABLE CORP DEL NEW	COM	369300108	16,233	551,955	SH		SOLE		551,955	0	0
GOLDMAN SACHS & CO.	COM	38141G104	861	4,856	SH		SOLE		4,856	0	0
GREENHILL & CO., INC.	COM	395259104	33,471	577,683	SH		SOLE		577,683	0	0
HALLIBURTON COMPANY	COM	406216101	8,021	158,055	SH		SOLE		158,055	0	0
HAMPTON ROADS BANKSHARES, INC.	COM NEW	409321502	14,419	8,239,365	SH		SOLE		8,239,365	0	0
HARLEY-DAVIDSON INC	COM	412822108	31,450	454,214	SH		SOLE		454,214	0	0
HEIDRICK & STRUGGLES INT'L, INC.	COM	422819102	5,397	267,983	SH		SOLE		267,983	0	0
HERITAGE COMMERCE CORP	COM	426927109	1,877	227,849	SH		SOLE		227,849	0	0
HERITAGE OAKS BANCORP	COM	42724R107	6,309	841,196	SH		SOLE		841,196	0	0
HOMESTREET INC.	COM	43785V102	20,508	1,025,418	SH		SOLE		1,025,418	0	0
HONEYWELL INTERNATIONAL INC.	COM	438516106	14,907	163,150	SH		SOLE		163,150	0	0
HUDSON VALLEY HOLDING CORP	COM	444172100	40,091	1,970,074	SH		SOLE		1,970,074	0	0
INDEPENDENT BANK CORP MICH	COM NEW	453838609	13,389	1,115,765	SH		SOLE		1,115,765	0	0
JACOBS ENGINEERING GROUP INC.	COM	469814107	868	13,780	SH		SOLE		13,780	0	0
JOS. A. BANK CLOTHIERS, INC.	COM	480838101	3,690	67,370	SH		SOLE		67,370	0	0
JP MORGAN CHASE & CO.	COM	46625H100	57,580	984,606	SH		SOLE		984,606	0	0
JPMORGAN CHASE & CO.	*W EXP 10/28/201	46634E114	3,250	167,632	SH		SOLE		167,632	0	0
KORN/FERRY INTL NEW	COM NEW	500643200	2,975	113,882	SH		SOLE		113,882	0	0
LAKELAND BANCORP, INC.	COM	511637100	2,188	176,885	SH		SOLE		176,885	0	0
LEAR CORP.	COM NEW	521865204	6,038	74,570	SH		SOLE		74,570	0	0
LENDER PROCESSING SERVICES	COM	52602E102	2,745	73,441	SH		SOLE		73,441	0	0
LENNAR CORP.	CL A	526057104	2,557	64,632	SH		SOLE		64,632	0	0
LINN ENERGY LLC	UNIT LTD LIAB	536020100	1,217	39,541	SH		SOLE		39,541	0	0
LNB BANCORP, INC.	COM	502100100	4,789	478,464	SH		SOLE		478,464	0	0
MASCO CORP.	COM	574599106	3,975	174,565	SH		SOLE		174,565	0	0
MEN'S WAREHOUSE	COM	587118100	1,985	38,851	SH		SOLE		38,851	0	0
METLIFE INC	COM	59156R108	16,816	311,867	SH		SOLE		311,867	0	0
METRO BANCORP INC.	COM	59161R101	26,245	1,218,447	SH		SOLE		1,218,447	0	0
MOHAWK INDS. INC.	COM	608190104	28,842	193,700	SH		SOLE		193,700	0	0
MORGAN STANLEY	COM NEW	617446448	8,546	272,515	SH		SOLE		272,515	0	0
NCI BUILDING SYSTEMS INC.	COM NEW	628852204	2,544	145,043	SH		SOLE		145,043	0	0
NEW YORK COM BANCORP INC	COM	649445103	1,235	73,265	SH		SOLE		73,265	0	0
NEWBRIDGE BANCORP.	CL A NO PAR	65080T102	5,545	746,794	SH		SOLE		746,794	0	0
NORTH VALLEY BANCORP	COM NEW	66304M204	11,637	615,373	SH		SOLE		615,373	0	0
NORTHERN TRUST CORP.	COM	665859104	19,082	308,321	SH		SOLE		308,321	0	0
NORWEGIAN CRUISE LINE HLDGS LTD.	SHS	G66721104	1,390	39,200	SH		SOLE		39,200	0	0
OCEANFIRST FINL CORP.	COM	675234108	16,154	943,014	SH		SOLE		943,014	0	0
OLD LINE BANCSHARES, INC.	COM	67984M100	841	58,019	SH		SOLE		58,019	0	0
ORRSTOWN FINL SERVICES, INC.	COM	687380105	4,600	281,370	SH		SOLE		281,370	0	0
OSHKOSH CORP.	COM	688239201	6,618	131,353	SH		SOLE		131,353	0	0
OWENS CORNING INC.	COM	690742101	16,855	413,927	SH		SOLE		413,927	0	0
PACIFIC CONTINENTAL CORP	COM	69412V108	11,156	699,859	SH		SOLE		699,859	0	0
PACIFIC MERCANTILE BANCORP	COM	694552100	3,258	523,755	SH		SOLE		523,755	0	0
PACIFIC PREMIER BANCORP	COM	69478X105	7,629	484,669	SH		SOLE		484,669	0	0
PACWEST BANCORP DEL	COM	695263103	9,141	216,514	SH		SOLE		216,514	0	0
PALMETTO BANCSHARES INC.	COM NEW	697062206	5,755	444,024	SH		SOLE		444,024	0	0
PARK STERLING CORP.	COM	70086Y105	7,353	1,029,860	SH		SOLE		1,029,860	0	0
PEAPACK-GLADSTONE FINL CORP	COM	704699107	546	28,572	SH		SOLE		28,572	0	0
PENNYMAC FINL SVCS INC	CL A	70932B101	12,910	735,592	SH		SOLE		735,592	0	0
PEOPLES BANCORP N C INC	COM	710577107	802	56,527	SH		SOLE		56,527	0	0
PLY GEM HOLDINGS INC.	COM	72941W100	3,461	191,953	SH		SOLE		191,953	0	0
PNC FINL SVCS GROUP INC	COM	693475105	17,574	226,533	SH		SOLE		226,533	0	0
POPULAR, INC.	COM NEW	733174700	1,532	53,325	SH		SOLE		53,325	0	0
PREFERRED BK LOS ANGELES CA	COM NEW	740367404	10,429	520,137	SH		SOLE		520,137	0	0
PREMIER FINL BANCORP INC	COM	74050M105	4,094	289,301	SH		SOLE		289,301	0	0
PRIVATEBANCORP INC	COM	742962103	27,994	967,645	SH		SOLE		967,645	0	0
PULASKI FINL CORP.	COM	745548107	9,163	813,722	SH		SOLE		813,722	0	0
REGIONS FINL CORP.	COM	7591EP100	1,781	180,089	SH		SOLE		180,089	0	0
REPUBLIC BANCORP KY	CL A	760281204	5,953	242,566	SH		SOLE		242,566	0	0
REPUBLIC FIRST BANCORP, INC.	COM	760416107	3,282	1,101,269	SH		SOLE		1,101,269	0	0
ROWAN COMPANIES PLC	SH CLS A	G7665A101	2,819	79,710	SH		SOLE		79,710	0	0
RYDER SYSTEM INC	COM	783549108	8,307	112,596	SH		SOLE		112,596	0	0
SELECT SECTOR SPDR TR	SBI INT-FINL	81369Y605	771	35,263	SH	Put	SOLE		35,263	0	0
SELECT SECTOR SPDR TR	SBI INT-FINL	81369Y605	771	35,263	SH	Put	SOLE		35,263	0	0
SIERRA BANCORP	COM	82620P102	19,028	1,182,624	SH		SOLE		1,182,624	0	0
SOUTHERN FIRST BANCSHARES INC	COM	842873101	322	24,253	SH		SOLE		24,253	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	377	2,039	SH	Put	SOLE		2,039	0	0
SPX CORP	COM	784635104	5,995	60,185	SH		SOLE		60,185	0	0
STATE STREET CORP.	COM	857477103	35,214	479,826	SH		SOLE		479,826	0	0
STEINER LEISURE LTD.	ORD	P8744Y102	4,257	86,532	SH		SOLE		86,532	0	0
STEWART INFORMATION SERVICES	COM	860372101	20,333	630,083	SH		SOLE		630,083	0	0
STOCK BLDG SUPPLY HLDGS INC	COM	86101X104	3,720	204,156	SH		SOLE		204,156	0	0
STRATEGIC HOTELS & RESORTS	COM	86272T106	704	74,501	SH		SOLE		74,501	0	0
SUFFOLK BANCORP	COM	864739107	10,457	502,720	SH		SOLE		502,720	0	0
SUN BANCORP, INC.	COM	86663B102	3,623	1,029,162	SH		SOLE		1,029,162	0	0
SUNTRUST BANKS	COM	867914103	3,618	98,299	SH		SOLE		98,299	0	0
SYNOVUS FINL CORP.	COM	87161C105	77,591	21,552,966	SH		SOLE		21,552,966	0	0
TAYLOR CAPITAL GROUP, INC.	COM	876851106	6,282	236,352	SH		SOLE		236,352	0	0
TEREX CORPORATION	COM	880779103	8,029	191,224	SH		SOLE		191,224	0	0
TEVA PHARMACEUTICAL INDS LTD	ADR	881624209	2,244	55,983	SH		SOLE		55,983	0	0
THE FIRST BANCSHARES, INC.	COM	318916103	4,591	327,456	SH		SOLE		327,456	0	0
THE FIRST OF LONG ISLAND CORP	COM	320734106	21,798	508,464	SH		SOLE		508,464	0	0
TITAN MACHINERY, INC.	COM	88830R101	2,765	155,152	SH		SOLE		155,152	0	0
TRICO BANCSHARES	COM	896095106	15,416	543,401	SH		SOLE		543,401	0	0
TUTOR PERINI CORP.	COM	901109108	4,782	181,822	SH		SOLE		181,822	0	0
US BANCORP	COM NEW	902973304	46,543	1,152,064	SH		SOLE		1,152,064	0	0
VALLEY NATIONAL BANCORP	COM	919794107	3,302	326,306	SH		SOLE		326,306	0	0
VIRGINIA COMMERCE BANCORP	COM	92778Q109	5,625	331,065	SH		SOLE		331,065	0	0
WASHINGTONFIRST BANKSHARE INC	COM	940730104	2,199	153,787	SH		SOLE		153,787	0	0
WCI COMMUNITIES, INC.	COM	92923C807	1,872	98,077	SH		SOLE		98,077	0	0
WEINGARTEN REALTY INVESTORS	SH BEN INT	948741103	599	21,830	SH		SOLE		21,830	0	0
WELLS FARGO & CO	COM	949746101	55,120	1,214,099	SH		SOLE		1,214,099	0	0
WESCO INTERNATIONAL INC.	COM	95082P105	31,072	341,193	SH		SOLE		341,193	0	0
WESTAMERICA BANCORP.	COM	957090103	2,061	36,500	SH		SOLE		36,500	0	0
WINTRUST FINL CORPORATION	COM	97650W108	13,571	294,252	SH		SOLE		294,252	0	0
XEROX CORP	COM	984121103	5,261	432,325	SH		SOLE		432,325	0	0
YADKIN FINL CORPORATION	COM	984305102	0	1	SH		SOLE		1	0	0
ZIONS BANCORPORATION	COM	989701107	27,638	922,490	SH		SOLE		922,490	0	0