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
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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 CENTURY BANCSHARES, INC.	COM	31943X102	1,055	96,127	SH		SOLE	0	96,127	0	0
AERCAP HOLDINGS NV	SHS	N00985106	9,729	250,996	SH		SOLE	0	250,996	0	0
AIR LEASE CORP	CL A	00912X302	3,803	118,394	SH		SOLE	0	118,394	0	0
ANCHOR BANCORP WISCONSIN INC DEL	COM	03283P106	5,245	116,398	SH		SOLE	0	116,398	0	0
ANIXTER INTERNATIONAL INC	COM	035290105	14,927	286,456	SH		SOLE	0	286,456	0	0
ASTORIA FINANCIAL CORP.	COM	046265104	27,094	1,710,458	SH		SOLE	0	1,710,458	0	0
BANCORP NEW JERSEY INC NEW	COM	059915108	509	41,767	SH		SOLE	0	41,767	0	0
BANK OF AMERICA CORP.	COM	060505104	15,792	1,168,038	SH		SOLE	0	1,168,038	0	0
BANK OF MARIN BANCORP	COM	063425102	16,342	332,029	SH		SOLE	0	332,029	0	0
BANK OF NEW YORK	COM	064058100	8,514	231,166	SH		SOLE	0	231,166	0	0
BANK OF THE ST JAMES FINL GP	COM	470299108	2,464	210,450	SH		SOLE	0	210,450	0	0
BANKFINANCIAL CORPORATION	COM	06643P104	17,300	1,463,657	SH		SOLE	0	1,463,657	0	0
BANNER CORPORATION	COM	06652V208	9,967	237,075	SH		SOLE	0	237,075	0	0
BB&T CORPORATION	COM	054937107	13,896	417,660	SH		SOLE	0	417,660	0	0
BEACON ROOFING SUPPLY INC.	COM	073685109	14,518	354,004	SH		SOLE	0	354,004	0	0
BELDEN INC.	COM	077454106	40,824	665,096	SH		SOLE	0	665,096	0	0
BLACKROCK INC.	COM	09247X101	3,808	11,181	SH		SOLE	0	11,181	0	0
BOFI HOLDING, INC.	COM	05566U108	23,539	1,103,062	SH		SOLE	0	1,103,062	0	0
BREITBURN ENERGY PARTNERS L.P.	COM UT LTD PTN	106776107	20	35,689	SH		SOLE	0	35,689	0	0
BRIDGE BANCORP, INC.	COM	108035106	50,418	1,654,688	SH		SOLE	0	1,654,688	0	0
BRYN MAWR BANK CORP	COM	117665109	24,731	961,183	SH		SOLE	0	961,183	0	0
BUILDERS FIRSTSOURCE, INC.	COM	12008R107	3,305	293,220	SH		SOLE	0	293,220	0	0
CAESARSTONE SDOT-YAM LTD	ORD SHS	M20598104	911	26,523	SH		SOLE	0	26,523	0	0
CAMDEN NATIONAL CORP.	COM	133034108	9,107	216,840	SH		SOLE	0	216,840	0	0
CAPITAL CITY BANK GROUP, INC.	COM	139674105	2,763	189,362	SH		SOLE	0	189,362	0	0
CARDINAL FINANCIAL CORPORATION	COM	14149F109	20,345	999,756	SH		SOLE	0	999,756	0	0
CARLISLE COS INC.	COM	142339100	33,618	337,866	SH		SOLE	0	337,866	0	0
CAROLINA BK HLDGS INC GREENS	COM	143785103	7,042	419,146	SH		SOLE	0	419,146	0	0
CASCADE BANCORP	COM	147154207	21,636	3,789,117	SH		SOLE	0	3,789,117	0	0
CENTRAL PACIFIC FINANCIAL CORP.	COM	154760409	14,213	652,850	SH		SOLE	0	652,850	0	0
CENTRAL VALLEY COMMTY BANCORP	COM	155685100	10,680	959,592	SH		SOLE	0	959,592	0	0
CENTURY COMMUNITIES INC.	COM	156504300	6,163	361,063	SH		SOLE	0	361,063	0	0
CITIGROUP INC.	COM	172967424	8,060	193,061	SH		SOLE	0	193,061	0	0
CITIZENS FINANCIAL GROUP INC.	COM	174610105	67,444	3,219,285	SH		SOLE	0	3,219,285	0	0
COMERICA, INC.	COM	200340107	33,475	883,944	SH		SOLE	0	883,944	0	0
COUSINS PROPERTIES INC.	COM	222795106	152	14,659	SH		SOLE	0	14,659	0	0
COVENANT TRANSN GROUP INC	COM	22284P105	4,413	182,441	SH		SOLE	0	182,441	0	0
CSX CORP.	COM	126408103	3,344	129,872	SH		SOLE	0	129,872	0	0
CU BANCORP CALIF	COM	126534106	26,716	1,261,995	SH		SOLE	0	1,261,995	0	0
DIAMOND OFFSHORE DRILLING, INC.	COM	25271C102	183	8,417	SH		SOLE	0	8,417	0	0
EAGLE BANCORP, INC. MD	COM	268948106	2,209	46,014	SH		SOLE	0	46,014	0	0
EAST WEST BANCORP INC	COM	27579R104	8,727	268,698	SH		SOLE	0	268,698	0	0
EMCOR GROUP INC.	COM	29084Q100	8,865	182,412	SH		SOLE	0	182,412	0	0
ENSCO PLC	SHS CLASS A	G3157S106	83	7,986	SH		SOLE	0	7,986	0	0
EQUITY BANCSHARES INC	COM CL A	29460X109	3,976	189,325	SH		SOLE	0	189,325	0	0
ESSENT GROUP LTD.	COM	G3198U102	3,738	179,690	SH		SOLE	0	179,690	0	0
FARMERS CAP BK CORP	COM	309562106	19,544	739,745	SH		SOLE	0	739,745	0	0
FCB FINL HLDGS INC	CL A	30255G103	1,789	53,788	SH		SOLE	0	53,788	0	0
FELCOR LODGING TRUST INC	COM	31430F101	561	69,095	SH		SOLE	0	69,095	0	0
FIDELITY NATIONAL FINANCIAL INC.	FNF GROUP COM	31620R303	11,329	334,183	SH		SOLE	0	334,183	0	0
FIDELITY NATL INFORMATION SV	COM	31620M106	9,299	146,883	SH		SOLE	0	146,883	0	0
FIDELITY SOUTHERN CORP NEW	COM	316394105	3,080	192,010	SH		SOLE	0	192,010	0	0
FIFTH THIRD BANCORP	COM	316773100	5,255	314,836	SH		SOLE	0	314,836	0	0
FINANCIAL INSTITUTIONS, INC	COM	317585404	2,276	78,277	SH		SOLE	0	78,277	0	0
FIRST AMERN FINL CORP	COM	31847R102	24,046	630,975	SH		SOLE	0	630,975	0	0
FIRST BANCORP	COM	318910106	18,946	1,005,099	SH		SOLE	0	1,005,099	0	0
FIRST CITIZENS BANCSHARES INC.	COM	31946M103	3,773	15,028	SH		SOLE	0	15,028	0	0
FIRST FNDTN INC	COM	32026V104	12,569	560,367	SH		SOLE	0	560,367	0	0
FIRST HORIZON NATIONAL CORP.	COM	320517105	10,941	835,174	SH		SOLE	0	835,174	0	0
FIRST INDUSTRIAL REALTY TRUST	COM	32054K103	478	21,003	SH		SOLE	0	21,003	0	0
FIRST NIAGARA FINL GP INC	COM	33582V108	4	387	SH		SOLE	0	387	0	0
FIRST SOUTH BANCORP INC	COM	33646W100	3,813	462,159	SH		SOLE	0	462,159	0	0
FNB CORPORATION	COM	302520101	3,894	299,316	SH		SOLE	0	299,316	0	0
FIDELITY NATIONAL FINANCIAL	FNFV GROUP COM	31620R402	1,209	111,383	SH		SOLE	0	111,383	0	0
GUARANTY BANCORP DEL	COM NEW	40075T607	23,072	1,492,370	SH		SOLE	0	1,492,370	0	0
HALLIBURTON COMPANY	COM	406216101	4,009	112,234	SH		SOLE	0	112,234	0	0
HAMPTON ROADS BANKSHARES, INC.	COM NEW	409321502	3,538	1,998,741	SH		SOLE	0	1,998,741	0	0
HARLEY-DAVIDSON INC	COM	412822108	23,315	454,214	SH		SOLE	0	454,214	0	0
HERITAGE OAKS BANCORP	COM	42724R107	17,089	2,193,664	SH		SOLE	0	2,193,664	0	0
HONEYWELL INTL INC	COM	438516106	18,281	163,150	SH		SOLE	0	163,150	0	0
HORIZON BANCORP	COM	440407104	4,032	163,092	SH		SOLE	0	163,092	0	0
HOULIHAN LOKEY INC.	CL A	441593100	2,819	113,221	SH		SOLE	0	113,221	0	0
HUNTINGTON BANCSHARES	COM	446150104	23,997	2,515,410	SH		SOLE	0	2,515,410	0	0
INDEPENDENT BANK CORP MICH	COM NEW	453838609	14,875	1,022,340	SH		SOLE	0	1,022,340	0	0
INSTALLED BLDG PRODS INC	COM	45780R101	4,366	164,076	SH		SOLE	0	164,076	0	0
J. ALEXANDER'S HOLDINGS, INC.	COM	46609J106	203	19,238	SH		SOLE	0	19,238	0	0
JACOBS ENGR GROUP INC DEL	COM	469814107	600	13,780	SH		SOLE	0	13,780	0	0
JP MORGAN CHASE & CO.	COM	46625H100	43,409	733,012	SH		SOLE	0	733,012	0	0
KEYCORP	COM	493267108	22,422	2,030,956	SH		SOLE	0	2,030,956	0	0
KINDER MORGAN INC. DEL	COM	49456B101	2,253	126,163	SH		SOLE	0	126,163	0	0
KORN/FERRY INTERNATIONAL	COM	500643200	1,713	60,558	SH		SOLE	0	60,558	0	0
LAKE SUNAPEE BANK GROUP	COM	510866106	2,084	149,049	SH		SOLE	0	149,049	0	0
LAKELAND BANCORP, INC.	COM	511637100	2,013	198,295	SH		SOLE	0	198,295	0	0
LEAR CORP.	COM NEW	521865204	8,936	80,377	SH		SOLE	0	80,377	0	0
LINN ENERGY LLC	UNIT LTD LIAB	536020100	14	39,726	SH		SOLE	0	39,726	0	0
LINNCO LLC	COM SHS LTD INT	535782106	12	32,996	SH		SOLE	0	32,996	0	0
M&T BANK CORP	COM	55261F104	8,735	78,690	SH		SOLE	0	78,690	0	0
MACATAWA BANK CORP	COM	554225102	2,938	470,121	SH		SOLE	0	470,121	0	0
MASCO CORP.	COM	574599106	5,490	174,565	SH		SOLE	0	174,565	0	0
MB FINANCIAL, INC. NEW	COM	55264U108	4,933	152,017	SH		SOLE	0	152,017	0	0
MBT FINL CORP	COM	578877102	8,919	1,108,006	SH		SOLE	0	1,108,006	0	0
METHODE ELECTRONICS INC	COM	591520200	1,364	46,635	SH		SOLE	0	46,635	0	0
METLIFE INC	COM	59156R108	3,526	80,239	SH		SOLE	0	80,239	0	0
NEW YORK CMNTY BANCORP INC	COM	649445103	1,165	73,265	SH		SOLE	0	73,265	0	0
NORWEGIAN CRUISE LINE HLDG	SHS	G66721104	9,016	163,068	SH		SOLE	0	163,068	0	0
OLD LINE BANCSHARES, INC.	COM	67984M100	7,141	396,055	SH		SOLE	0	396,055	0	0
OLD NATIONAL BANCORP	COM	680033107	3,753	307,896	SH		SOLE	0	307,896	0	0
OLD SECOND BANCORP INC ILL	COM	680277100	10,224	1,425,983	SH		SOLE	0	1,425,983	0	0
ONEMAIN HOLDINGS INC.	COM	68268W103	7,033	256,405	SH		SOLE	0	256,405	0	0
OPUS BK IRVINE CALIF	COM	684000102	27,389	805,551	SH		SOLE	0	805,551	0	0
ORRSTOWN FINANCIAL SERVICES, INC.	COM	687380105	8,998	519,532	SH		SOLE	0	519,532	0	0
OWENS CORNING INC.	COM	690742101	17,827	377,054	SH		SOLE	0	377,054	0	0
PACIFIC CONTINENTAL CORP	COM	69412V108	19,978	1,238,580	SH		SOLE	0	1,238,580	0	0
PACIFIC PREMIER BANCORP, INC.	COM	69478X105	23,513	1,100,270	SH		SOLE	0	1,100,270	0	0
PACWEST BANCORP	COM	695263103	17,626	474,459	SH		SOLE	0	474,459	0	0
PEAPACK GLADSTONE FINANCIAL CORP.	COM	704699107	7,923	468,797	SH		SOLE	0	468,797	0	0
PENNYMAC FINL SVCS INC	CL A	70932B101	5,515	468,954	SH		SOLE	0	468,954	0	0
PEOPLES BANCORP INC.	COM	709789101	2,727	139,581	SH		SOLE	0	139,581	0	0
PEOPLE'S UTAH BANCORP	COM	712706209	6,384	403,287	SH		SOLE	0	403,287	0	0
PNC FINANCIAL SERVICES GROUP, INC.	COM	693475105	17,737	209,729	SH		SOLE	0	209,729	0	0
POPULAR, INC.	COM NEW	733174700	1,526	53,325	SH		SOLE	0	53,325	0	0
PREFERRED BK LOS ANGELES CA	COM NEW	740367404	21,844	722,121	SH		SOLE	0	722,121	0	0
PREMIER FINANCIAL BANCORP INC.	COM	74050M105	2,630	166,850	SH		SOLE	0	166,850	0	0
PRIVATEBANCORP INC	COM	742962103	4,224	109,421	SH		SOLE	0	109,421	0	0
PROVIDENT BANCORP INC	COM	74383X109	2,696	203,772	SH		SOLE	0	203,772	0	0
PULASKI FINANCIAL CORP.	COM	745548107	2,396	148,346	SH		SOLE	0	148,346	0	0
PULTE HOMES INC.	COM	745867101	4,098	219,008	SH		SOLE	0	219,008	0	0
SELECT SECTOR SPDR TR	SBI INT-FINL	81369Y605	3	128	SH	Put	SOLE	0	128	0	0
SELECT SECTOR SPDR TR	SBI INT-FINL	81369Y605	2	72	SH	Put	SOLE	0	72	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	20	99	SH	Put	SOLE	0	99	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	134	654	SH	Put	SOLE	0	654	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	8,219	39,990	SH	Put	SOLE	0	39,990	0	0
REGIONAL MANAGEMENT CORP.	COM	75902K106	17,611	1,029,285	SH		SOLE	0	1,029,285	0	0
REGIONS FINANCIAL CORP. NEW	COM	7591EP100	54,933	6,997,819	SH		SOLE	0	6,997,819	0	0
REPUBLIC FIRST BANCORP, INC.	COM	760416107	9,978	2,370,113	SH		SOLE	0	2,370,113	0	0
RIVERVIEW BANCORP, INC.	COM	769397100	6,347	1,511,248	SH		SOLE	0	1,511,248	0	0
ROYAL BK CDA MONTREAL QUE	COM	780087102	1,868	32,456	SH		SOLE	0	32,456	0	0
RYDER SYSTEM INC	COM	783549108	6,497	100,291	SH		SOLE	0	100,291	0	0
SEACOAST BKG CORP FLA	COM NEW	811707801	37,674	2,385,972	SH		SOLE	0	2,385,972	0	0
SHORE BANCSHARES INC	COM	825107105	7,651	638,642	SH		SOLE	0	638,642	0	0
SIERRA BANCORP	COM	82620P102	5,588	307,869	SH		SOLE	0	307,869	0	0
SVB FINL GROUP	COM	78486Q101	41,008	401,840	SH		SOLE	0	401,840	0	0
SOUTH ST CORP	COM	840441109	2,720	42,350	SH		SOLE	0	42,350	0	0
SOUTHERN FIRST BANCSHARES INC	COM	842873101	5,764	236,151	SH		SOLE	0	236,151	0	0
SPX CORPORATION	COM	784635104	482	32,072	SH		SOLE	0	32,072	0	0
SPX FLOW, INC.	COM	78469X107	804	32,072	SH		SOLE	0	32,072	0	0
STATE STREET CORP.	COM	857477103	4,061	69,388	SH		SOLE	0	69,388	0	0
STERLING BANCORP DEL	COM	85917A100	13,097	822,167	SH		SOLE	0	822,167	0	0
STEWART INFORMATION SVCS COR	COM	860372101	36,349	1,001,903	SH		SOLE	0	1,001,903	0	0
SUFFOLK BANCORP	COM	864739107	29,463	1,167,322	SH		SOLE	0	1,167,322	0	0
SUNSHINE BANCORP INC.	COM	86777J108	1,684	115,787	SH		SOLE	0	115,787	0	0
SUNTRUST BKS INC	COM	867914103	1,432	39,695	SH		SOLE	0	39,695	0	0
SUSSEX BANCORP	COM	869245100	795	63,608	SH		SOLE	0	63,608	0	0
SWIFT TRANSPORTATION CO	CL A	87074U101	4,509	242,009	SH		SOLE	0	242,009	0	0
SYNOVUS FINL CORP	COM NEW	87161C501	8,427	291,486	SH		SOLE	0	291,486	0	0
TCF FINANCIAL CORP.	COM	872275102	13,255	1,081,180	SH		SOLE	0	1,081,180	0	0
TEREX CORP NEW	COM	880779103	3,867	155,437	SH		SOLE	0	155,437	0	0
TEXAS CAPITAL BANCSHARES INC	COM	88224Q107	9,532	248,357	SH		SOLE	0	248,357	0	0
COMMUNITY FINL CORP MD	COM	20368X101	9,624	456,209	SH		SOLE	0	456,209	0	0
FIRST BANCSHARES INC MS	COM	318916103	1,723	110,236	SH		SOLE	0	110,236	0	0
FIRST LONG IS CORP	COM	320734106	27,373	960,455	SH		SOLE	0	960,455	0	0
TIMBERLAND BANCORP, INC.	COM	887098101	3,907	309,077	SH		SOLE	0	309,077	0	0
TOLL BROTHERS INC.	COM	889478103	1,819	61,644	SH		SOLE	0	61,644	0	0
TOPBUILD CORP.	COM	89055F103	577	19,396	SH		SOLE	0	19,396	0	0
TRI POINTE GROUP, INC.	COM	87265H109	2,921	247,942	SH		SOLE	0	247,942	0	0
TRICO BANCSHARES	COM	896095106	3,494	137,982	SH		SOLE	0	137,982	0	0
TRIUMPH BANCORP INC.	COM	89679E300	11,933	753,821	SH		SOLE	0	753,821	0	0
UNION BANKSHARES CORP NEW	COM	90539J109	8,371	339,852	SH		SOLE	0	339,852	0	0
UNITED BANKSHARES INC WEST V	COM	909907107	6,612	180,165	SH		SOLE	0	180,165	0	0
UNITED RENTALS INC	COM	911363109	1,682	27,047	SH		SOLE	0	27,047	0	0
UNITY BANCORP INC	COM	913290102	7,363	647,551	SH		SOLE	0	647,551	0	0
US BANCORP DEL	COM NEW	902973304	46,762	1,152,064	SH		SOLE	0	1,152,064	0	0
VALLEY NATIONAL BANCORP	COM	919794107	3,113	326,307	SH		SOLE	0	326,307	0	0
VERITEX HOLDINGS INC.	COM	923451108	13,317	916,513	SH		SOLE	0	916,513	0	0
WASHINGTONFIRST BANKSHARES I	COM	940730104	13,240	605,969	SH		SOLE	0	605,969	0	0
WCI CMNTYS INC	COM PAR $0.01	92923C807	2,980	160,404	SH		SOLE	0	160,404	0	0
WELLS FARGO & CO NEW	COM	949746101	58,804	1,215,959	SH		SOLE	0	1,215,959	0	0
WESCO INTERNATIONAL INC.	COM	95082P105	18,671	341,529	SH		SOLE	0	341,529	0	0
WESTERN ALLIANCE BANCORP	COM	957638109	2,513	75,297	SH		SOLE	0	75,297	0	0
WILLIS TOWERS WATSON PUB LTD	SHS	G96629103	2,827	23,822	SH		SOLE	0	23,822	0	0
WINTRUST FINL CORP	COM	97650W108	5,876	132,520	SH		SOLE	0	132,520	0	0
YADKIN FINL CORP	COM	984305102	3,636	153,614	SH		SOLE	0	153,614	0	0
ZIONS BANCORPORATION	COM	989701107	22,465	927,909	SH		SOLE	0	927,909	0	0