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 CONSTITUTION BANCORP	COM	31986N102	674	49,033	SH		SOLE		49,033	0	0
AERCAP HOLDINGS NV	SHS	N00985106	16,340	424,519	SH		SOLE		424,519	0	0
AIR LEASE CORP	CL A	00912X302	18,546	648,922	SH		SOLE		648,922	0	0
AMERIPRISE FINANCIAL	COM	03076C106	9,363	93,846	SH		SOLE		93,846	0	0
ANIXTER INTL INC	COM	035290105	18,476	286,456	SH		SOLE		286,456	0	0
APPLE INC.	COM	037833100	2,939	25,994	SH		SOLE		25,994	0	0
ASTORIA FINANCIAL CORP.	COM	046265104	24,973	1,710,458	SH		SOLE		1,710,458	0	0
BANCORP OF NEW JERSEY INC.	COM	059915108	819	72,041	SH		SOLE		72,041	0	0
BANK OF AMERICA CORP.	COM	060505104	18,280	1,168,038	SH		SOLE		1,168,038	0	0
BANK OF MARIN BANCORP	COM	063425102	17,451	350,918	SH		SOLE		350,918	0	0
BANK OF NEW YORK MELLON CORP	COM	064058100	7,886	197,734	SH		SOLE		197,734	0	0
BANK OF THE JAMES FINANCIAL GP	COM	470299108	2,617	215,374	SH		SOLE		215,374	0	0
BANKFINANCIAL CORPORATION	COM	06643P104	1,764	138,923	SH		SOLE		138,923	0	0
BANNER CORPORATION	COM NEW	06652V208	26,143	597,698	SH		SOLE		597,698	0	0
BEACON ROOFING SUPPLY INC.	COM	073685109	14,893	354,004	SH		SOLE		354,004	0	0
BELDEN INC.	COM	077454106	45,885	665,096	SH		SOLE		665,096	0	0
BLACKROCK INC.	COM	09247X101	3,523	9,719	SH		SOLE		9,719	0	0
BOFI HLDG INC	COM	05566U108	22,372	998,729	SH		SOLE		998,729	0	0
BRIDGE BANCORP, INC.	COM	108035106	46,012	1,609,369	SH		SOLE		1,609,369	0	0
BRYN MAWR BANK CORP	COM	117665109	18,891	590,532	SH		SOLE		590,532	0	0
BUILDERS FIRSTSOURCE, INC.	COM	12008R107	3,375	293,220	SH		SOLE		293,220	0	0
CALATLANTIC GROUP INC.	COM	128195104	4,570	136,662	SH		SOLE		136,662	0	0
CAMDEN NATIONAL CORP.	COM	133034108	10,352	216,840	SH		SOLE		216,840	0	0
CAPITAL ONE FINANCIAL CORP.	COM	14040H105	32,511	452,611	SH		SOLE		452,611	0	0
CARLISLE COS INC.	COM	142339100	34,655	337,866	SH		SOLE		337,866	0	0
CAROLINA BK HLDGS INC GREENS	COM	143785103	2,874	147,291	SH		SOLE		147,291	0	0
CASCADE BANCORP	COM	147154207	21,837	3,603,486	SH		SOLE		3,603,486	0	0
CENTRAL VALLEY CMNTY BANCORP	COM	155685100	8,792	554,365	SH		SOLE		554,365	0	0
CENTURY CMNTYS INC	COM	156504300	7,170	333,350	SH		SOLE		333,350	0	0
CITIGROUP INC.	COM	172967424	9,118	193,061	SH		SOLE		193,061	0	0
CITIZENS FINANCIAL GROUP INC.	COM	174610105	66,924	2,708,365	SH		SOLE		2,708,365	0	0
COMERICA, INC.	COM	200340107	27,684	585,040	SH		SOLE		585,040	0	0
COUSINS PROPERTIES INC.	COM	222795106	153	14,659	SH		SOLE		14,659	0	0
COVENANT TRANSPORTATION GROUP INC.	CL A	22284P105	2,846	147,248	SH		SOLE		147,248	0	0
CSX CORP.	COM	126408103	4,171	136,767	SH		SOLE		136,767	0	0
CU BANCORP CALIF	COM	126534106	21,334	935,291	SH		SOLE		935,291	0	0
DANA INCORPORATED	COM	235825205	4,044	259,388	SH		SOLE		259,388	0	0
DELPHI AUTOMOTIVE PLC	SHS	G27823106	2,796	39,210	SH		SOLE		39,210	0	0
DELTA AIR LINES INC	COM	247361702	2,753	69,944	SH		SOLE		69,944	0	0
DIAMOND OFFSHORE DRILLING, INC.	COM	25271C102	148	8,417	SH		SOLE		8,417	0	0
EAGLE BANCORP, INC. MD	COM	268948106	2,270	46,014	SH		SOLE		46,014	0	0
EAST WEST BANCORP INC	COM	27579R104	14,979	408,038	SH		SOLE		408,038	0	0
EMCOR GROUP INC.	COM	29084Q100	9,617	161,305	SH		SOLE		161,305	0	0
ENSCO PLC	SH CL A	G3157S106	68	7,986	SH		SOLE		7,986	0	0
EQUITY BANCSHARES INC	COM CL A	29460X109	6,832	263,383	SH		SOLE		263,383	0	0
ESSENT GROUP LTD.	COM	G3198U102	4,879	183,367	SH		SOLE		183,367	0	0
FARMERS CAP BK CORP	COM	309562106	21,153	713,677	SH		SOLE		713,677	0	0
FCB FINL HLDGS INC	CL A	30255G103	2,067	53,788	SH		SOLE		53,788	0	0
FELCOR LODGING TRUST INC	COM	31430F101	444	69,095	SH		SOLE		69,095	0	0
FIDELITY NATIONAL FINANCIAL INC.	FNF GROUP COM	31620R303	12,335	334,183	SH		SOLE		334,183	0	0
FIDELITY NATL INFORMATION SV	COM	31620M106	11,314	146,883	SH		SOLE		146,883	0	0
FIDELITY SOUTHERN CORP	COM	316394105	3,531	192,010	SH		SOLE		192,010	0	0
FIFTH THIRD BANCORP	COM	316773100	19,396	948,016	SH		SOLE		948,016	0	0
FIRST AMERN FINL CORP	COM	31847R102	17,072	434,619	SH		SOLE		434,619	0	0
FIRST BANCORP	COM	318910106	1,559	78,755	SH		SOLE		78,755	0	0
FIRST BUSEY CORP	CoM NEW	319383204	2,649	117,193	SH		SOLE		117,193	0	0
FIRST CTZNS BANCSHARES INC N	CL A	31946M103	4,417	15,028	SH		SOLE		15,028	0	0
FIRST FNDTN INC	COM	32026V104	13,414	543,753	SH		SOLE		543,753	0	0
FIRST INDUSTRIAL REALTY TRUS	COM	32054K103	593	21,003	SH		SOLE		21,003	0	0
FIRST NIAGARA FINL GP INC	COM	33582V108	4	387	SH		SOLE		387	0	0
FIRST SOUTH BANCORP INC VA	COM	33646W100	3,671	369,084	SH		SOLE		369,084	0	0
FNB CORPORATION	COM	302520101	3,682	299,316	SH		SOLE		299,316	0	0
FIDELITY NATIONAL FINANCIAL	FNFV GROUP COM	31620R402	1,390	111,383	SH		SOLE		111,383	0	0
GUARANTY BANCORP DEL	COM NEW	40075T607	23,118	1,295,115	SH		SOLE		1,295,115	0	0
HALLIBURTON CO	COM	406216101	5,037	112,234	SH		SOLE		112,234	0	0
HARLEY DAVIDSON INC	COM	412822108	23,887	454,214	SH		SOLE		454,214	0	0
HERITAGE FINL CORP WASH	COM	42722X106	1,085	60,466	SH		SOLE		60,466	0	0
HERITAGE OAKS BANCORP	COM	42724R107	17,393	2,121,089	SH		SOLE		2,121,089	0	0
HONEYWELL INTL INC	COM	438516106	19,022	163,150	SH		SOLE		163,150	0	0
HORIZON BANCORP IND	COM	440407104	4,208	143,215	SH		SOLE		143,215	0	0
HOULIHAN LOKEY INC	CL A	441593100	3,394	135,508	SH		SOLE		135,508	0	0
HUNTINGTON BANCSHARES	COM	446150104	32,835	3,330,132	SH		SOLE		3,330,132	0	0
INDEPENDENT BANK CORP MICH	COM NEW	453838609	17,469	1,037,940	SH		SOLE		1,037,940	0	0
INSTALLED BLDG PRODS INC	COM	45780R101	5,885	164,076	SH		SOLE		164,076	0	0
INVESTORS BANCORP INC NEW	COM	46146L101	4,908	408,656	SH		SOLE		408,656	0	0
J ALEXANDERS HLDGS INC	COM	46609J106	195	19,238	SH		SOLE		19,238	0	0
JACOBS ENGR GROUP INC DEL	COM	469814107	713	13,780	SH		SOLE		13,780	0	0
JP MORGAN CHASE & CO.	COM	46625H100	48,811	733,012	SH		SOLE		733,012	0	0
KEYCORP NEW	COM	493267108	37,611	3,090,441	SH		SOLE		3,090,441	0	0
KINDER MORGAN INC.	COM	49456B101	2,918	126,163	SH		SOLE		126,163	0	0
LAKELAND BANCORP, INC.	COM	511637100	10,126	721,191	SH		SOLE		721,191	0	0
LEAR CORP.	Com new	521865204	12,875	106,210	SH		SOLE		106,210	0	0
LENNAR CORP.	CL A	526057104	2,006	47,378	SH		SOLE		47,378	0	0
M&T BANK CORPORATION	COM	55261F104	4,040	34,795	SH		SOLE		34,795	0	0
MARLIN BUSINESS SVCS CORP	COM	571157106	389	20,065	SH		SOLE		20,065	0	0
MASCO CORP.	COM	574599106	5,989	174,565	SH		SOLE		174,565	0	0
MB FINANCIAL, INC. NEW	COM	55264U108	5,783	152,017	SH		SOLE		152,017	0	0
MBT FINANCIAL CORP.	COM	578877102	8,395	927,670	SH		SOLE		927,670	0	0
METLIFE INC	COM	59156R108	3,565	80,239	SH		SOLE		80,239	0	0
NEW YORK CMNTY BANCORP INC	COM	649445103	1,043	73,265	SH		SOLE		73,265	0	0
NORWEGIAN CRUISE LINE HOLDINGS	SHS	G66721104	6,345	168,304	SH		SOLE		168,304	0	0
OCEANFIRST FINANCIAL CORP.	COM	675234108	4,285	222,498	SH		SOLE		222,498	0	0
OLD LINE BANCSHARES, INC.	COM	67984M100	6,643	336,675	SH		SOLE		336,675	0	0
OLD NATIONAL BANCORP	COM	680033107	9,530	677,806	SH		SOLE		677,806	0	0
OLD SECOND BANCORP INC ILL	COM	680277100	10,708	1,288,521	SH		SOLE		1,288,521	0	0
ONEMAIN HOLDINGS INC.	COM	68268W103	24,988	807,357	SH		SOLE		807,357	0	0
OPUS BK IRVINE CALIF	COM	684000102	27,279	771,247	SH		SOLE		771,247	0	0
ORRSTOWN FINANCIAL SERVICES, INC.	COM	687380105	9,890	500,741	SH		SOLE		500,741	0	0
OWENS CORNING NEW	COM	690742101	20,131	377,054	SH		SOLE		377,054	0	0
PACIFIC CONTINENTAL CORP	COM	69412V108	17,958	1,067,683	SH		SOLE		1,067,683	0	0
PACIFIC PREMIER BANCORP, INC.	COM	69478X105	6,643	251,040	SH		SOLE		251,040	0	0
PACWEST BANCORP	COM	695263103	20,359	474,459	SH		SOLE		474,459	0	0
PEAPACK-GLADSTONE FINL CORP	COM	704699107	24,650	1,099,971	SH		SOLE		1,099,971	0	0
PENNYMAC FINL SVCS INC	CL A	70932B101	7,841	460,967	SH		SOLE		460,967	0	0
PNC FINL SVCS GROUP INC	COM	693475105	29,247	324,637	SH		SOLE		324,637	0	0
POPULAR, INC.	COM NEW	733174700	2,038	53,325	SH		SOLE		53,325	0	0
PREFERRED BK LOS ANGELES CA	COM NEW	740367404	20,548	574,761	SH		SOLE		574,761	0	0
PREMIER FINANCIAL BANCORP INC.	COM	74050M105	2,892	168,756	SH		SOLE		168,756	0	0
PRIVATEBANCORP INC	COM	742962103	5,025	109,421	SH		SOLE		109,421	0	0
PROVIDENT BANCORP INC	COM	74383X109	2,798	179,355	SH		SOLE		179,355	0	0
PULTE GROUP INC	COM	745867101	4,071	203,162	SH		SOLE		203,162	0	0
SELECT SECTOR SPDR TR	SBI INT-FINL	81369Y605	3	137	SH	Put	SOLE		137	0	0
SELECT SECTOR SPDR TR	SBI INT-FINL	81369Y605	778	40,318	SH	Put	SOLE		40,318	0	0
SELECT SECTOR SPDR TR	SBI INT-FINL	81369Y605	438	22,677	SH	Put	SOLE		22,677	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	246	1,139	SH	Put	SOLE		1,139	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	40	185	SH	Put	SOLE		185	0	0
REGIONAL MGMT CORP	COM	75902K106	21,012	970,514	SH		SOLE		970,514	0	0
REGIONS FINL CORP NEW	COM	7591EP100	303,596	30,759,510	SH		SOLE		30,759,510	0	0
REPUBLIC FIRST BANCORP, INC.	COM	760416107	6,857	1,668,344	SH		SOLE		1,668,344	0	0
RIVERVIEW BANCORP, INC.	COM	769397100	2,292	426,062	SH		SOLE		426,062	0	0
ROYAL BK CDA MONTREAL QUE	COM	780087102	2,011	32,456	SH		SOLE		32,456	0	0
RYDER SYSTEM INC	COM	783549108	6,614	100,291	SH		SOLE		100,291	0	0
SEACOAST BKG CORP FLA	Com new	811707801	34,942	2,171,666	SH		SOLE		2,171,666	0	0
SHORE BANCSHARES INC	COM	825107105	5,268	447,199	SH		SOLE		447,199	0	0
SIGNATURE BK NEW YORK N Y	COM	82669G104	31,060	262,217	SH		SOLE		262,217	0	0
SVB FINL GROUP	COM	78486Q101	38,730	350,372	SH		SOLE		350,372	0	0
SOUTH STATE CORP.	COM	840441109	3,178	42,350	SH		SOLE		42,350	0	0
SOUTHERN FIRST BANCSHARES IN	COM	842873101	2,234	81,017	SH		SOLE		81,017	0	0
SPDR SERIES TRUST	S&P BK ETF	78464A797	674	20,179	SH		SOLE		20,179	0	0
SPX CORP	COM	784635104	646	32,072	SH		SOLE		32,072	0	0
SPX FLOW INC	COM	78469X107	992	32,072	SH		SOLE		32,072	0	0
STATE STREET CORP.	COM	857477103	4,831	69,388	SH		SOLE		69,388	0	0
STERLING BANCORP	COM	85917A100	9,475	541,457	SH		SOLE		541,457	0	0
STEWART INFORMATION SVCS COR	COM	860372101	13,767	309,725	SH		SOLE		309,725	0	0
STONEGATE BK FT LAUDERDALE F	COM	861811107	4,314	127,820	SH		SOLE		127,820	0	0
SUFFOLK BANCORP	COM	864739107	3,205	92,163	SH		SOLE		92,163	0	0
SUNSHINE BANCORP INC.	COM	86777J108	1,984	134,206	SH		SOLE		134,206	0	0
SUNTRUST BANKS	COM	867914103	1,739	39,695	SH		SOLE		39,695	0	0
SUSSEX BANCORP	COM	869245100	3,390	207,573	SH		SOLE		207,573	0	0
SWIFT TRANSPORTATION CO.	COM	87074U101	5,279	245,898	SH		SOLE		245,898	0	0
SYNOVUS FINANCIAL CORP.	COM	87161C501	9,482	291,486	SH		SOLE		291,486	0	0
TEREX CORPORATION	COM	880779103	3,950	155,437	SH		SOLE		155,437	0	0
COMMUNITY FINL CORP MD	COM	20368X101	10,572	457,658	SH		SOLE		457,658	0	0
FIRST LONG IS CORP	COM	320734106	28,995	874,672	SH		SOLE		874,672	0	0
TIMBERLAND BANCORP, INC.	COM	887098101	1,120	71,096	SH		SOLE		71,096	0	0
TOLL BROTHERS INC.	COM	889478103	4,068	136,227	SH		SOLE		136,227	0	0
TOPBUILD CORP.	COM	89055F103	644	19,396	SH		SOLE		19,396	0	0
TRI POINTE GROUP, INC.	COM	87265H109	2,581	195,799	SH		SOLE		195,799	0	0
TRICO BANCSHARES	COM	896095106	3,694	137,982	SH		SOLE		137,982	0	0
TRIUMPH BANCORP INC.	COM	89679E300	17,334	873,684	SH		SOLE		873,684	0	0
UNITED BANKSHARES INC WEST V	COM	909907107	6,787	180,165	SH		SOLE		180,165	0	0
US BANCORP	COM	902973304	49,412	1,152,064	SH		SOLE		1,152,064	0	0
VALLEY NATIONAL BANCORP	COM	919794107	3,175	326,307	SH		SOLE		326,307	0	0
VERITEX HOLDINGS INC.	COM	923451108	17,088	982,648	SH		SOLE		982,648	0	0
WASHINGTONFIRST BANKSHARES I	COM	940730104	11,663	473,899	SH		SOLE		473,899	0	0
WCI CMNTYS INC	COM PAR $0.01	92923C807	3,359	141,607	SH		SOLE		141,607	0	0
WELLS FARGO & CO	COM	949746101	53,843	1,215,959	SH		SOLE		1,215,959	0	0
WESCO INTL	COM	95082P105	21,001	341,529	SH		SOLE		341,529	0	0
WESTERN ALLIANCE BANCORP	COM	957638109	2,827	75,297	SH		SOLE		75,297	0	0
WILLIS TOWERS WATSON PLC	COM	G96629103	2,806	21,132	SH		SOLE		21,132	0	0
YADKIN FINL CORP	COM	984305102	4,039	153,614	SH		SOLE		153,614	0	0
ZIONS BANCORPORATION	COM	989701107	16,424	529,467	SH		SOLE		529,467	0	0