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	1,181	63,152	SH		SOLE		63,152	0	0
AARON'S INC	COM	002535300	2,793	87,319	SH		SOLE		87,319	0	0
AERCAP HOLDINGS NV	SHS	N00985106	30,878	742,079	SH		SOLE		742,079	0	0
AIR LEASE CORP	CL A	00912X302	33,697	981,549	SH		SOLE		981,549	0	0
ALLY FINANCIAL INC	COM	02005N100	25,414	1,336,148	SH		SOLE		1,336,148	0	0
AMERICAN RIVER BANKSHARES	COM	029326105	1,503	99,500	SH		SOLE		99,500	0	0
APPLE INC.	COM	037833100	1,856	16,025	SH		SOLE		16,025	0	0
ASTORIA FINANCIAL CORP.	COM	046265104	110,855	5,943,959	SH		SOLE		5,943,959	0	0
BANCORP OF NEW JERSEY INC.	COM	059915108	2,032	150,538	SH		SOLE		150,538	0	0
BANK OF AMERICA CORP.	COM	060505104	47,443	2,146,722	SH		SOLE		2,146,722	0	0
BANK OF MARIN BANCORP	COM	063425102	21,460	307,677	SH		SOLE		307,677	0	0
BANK OF NEW YORK MELLON CORP.	COM	064058100	7,577	159,912	SH		SOLE		159,912	0	0
BANK OF THE ST JAMES FINL GP	COM	470299108	3,317	218,666	SH		SOLE		218,666	0	0
BANNER CORPORATION	COM	06652V208	22,172	397,272	SH		SOLE		397,272	0	0
BATS GLOBAL MARKETS INC	COM	05491G109	5,027	150,000	SH		SOLE		150,000	0	0
BAY BANCORP INC	COM	07203T106	1,492	226,070	SH		SOLE		226,070	0	0
BEACON ROOFING SUPPLY INC.	COM	073685109	16,309	354,004	SH		SOLE		354,004	0	0
BELDEN INC.	COM	077454106	49,811	666,187	SH		SOLE		666,187	0	0
BLACKROCK INC.	COM	09247X101	2,489	6,541	SH		SOLE		6,541	0	0
BOFI HOLDING, INC.	COM	05566U108	19,245	674,091	SH		SOLE		674,091	0	0
BRIDGE BANCORP, INC.	COM	108035106	91,315	2,409,369	SH		SOLE		2,409,369	0	0
BRYN MAWR BANK CORP	COM	117665109	25,197	597,804	SH		SOLE		597,804	0	0
CALATLANTIC GROUP INC.	COM	128195104	4,503	132,407	SH		SOLE		132,407	0	0
CAMDEN NATIONAL CORP.	COM	133034108	14,458	325,260	SH		SOLE		325,260	0	0
CAPITAL CITY BANK GROUP, INC.	COM	139674105	712	34,764	SH		SOLE		34,764	0	0
CAPITAL ONE FINANCIAL CORP.	COM	14040H105	26,487	303,613	SH		SOLE		303,613	0	0
CARDINAL FINANCIAL CORPORATION	COM	14149F109	8,689	265,000	SH		SOLE		265,000	0	0
CARLISLE COS INC.	COM	142339100	37,263	337,866	SH		SOLE		337,866	0	0
CAROLINA BK HLDGS INC GREENS	COM	143785103	3,805	147,291	SH		SOLE		147,291	0	0
CASCADE BANCORP	COM NEW	147154207	2,555	314,674	SH		SOLE		314,674	0	0
CENTRAL VALLEY CMNTY BANCORP	COM	155685100	4,595	230,217	SH		SOLE		230,217	0	0
CENTURY CMNTYS INC	COM	156504300	7,520	358,085	SH		SOLE		358,085	0	0
CITIGROUP INC.	COM NEW	172967424	11,474	193,061	SH		SOLE		193,061	0	0
CITIZENS FINANCIAL GROUP INC.	COM	174610105	66,633	1,870,137	SH		SOLE		1,870,137	0	0
COMERICA, INC.	COM	200340107	26,082	382,936	SH		SOLE		382,936	0	0
COMMUNITY FINL CORP MD	COM	20368X101	13,272	457,658	SH		SOLE		457,658	0	0
COUSINS PPTYS INC	COM	222795106	125	14,659	SH		SOLE		14,659	0	0
CSX CORP.	COM	126408103	84	2,328	SH		SOLE		2,328	0	0
CU BANCORP CALIF	COM	126534106	32,485	907,410	SH		SOLE		907,410	0	0
DANA INCORPORATED	COM	235825205	4,548	239,638	SH		SOLE		239,638	0	0
DELPHI AUTOMOTIVE PLC	SHS	G27823106	3,419	50,764	SH		SOLE		50,764	0	0
DELTA AIR LINES INC	COM NEW	247361702	3,703	75,274	SH		SOLE		75,274	0	0
DIAMOND OFFSHORE DRILLING, INC.	COM	25271C102	149	8,417	SH		SOLE		8,417	0	0
DNB FINANCIAL CORP	COM	233237106	125	4,390	SH		SOLE		4,390	0	0
EAGLE BANCORP, INC.	COM	268948106	2,805	46,014	SH		SOLE		46,014	0	0
EAST WEST BANCORP INC	COM	27579R104	14,663	288,480	SH		SOLE		288,480	0	0
EMCOR GROUP INC.	COM	29084Q100	11,414	161,305	SH		SOLE		161,305	0	0
ENSCO PLC	SHS CL A	G3157S106	78	7,986	SH		SOLE		7,986	0	0
EQUITY ONE INC	COM	294752100	8,661	282,213	SH		SOLE		282,213	0	0
ESSENT GROUP LTD.	COM	G3198U102	4,221	130,392	SH		SOLE		130,392	0	0
FARMERS CAP BK CORP	COM	309562106	10,910	259,460	SH		SOLE		259,460	0	0
FAUQUIER BANKSHARES, INC.	COM	312059108	356	21,623	SH		SOLE		21,623	0	0
FCB FINANCIAL HOLDINGS INC.	CL A	30255G103	2,566	53,788	SH		SOLE		53,788	0	0
FIDELITY NATIONAL FINANCIAL INC.	FNF GROUP COM	31620R303	11,349	334,183	SH		SOLE		334,183	0	0
FIDELITY NATIONAL INFORMATION SVCS.	COM	31620M106	11,110	146,883	SH		SOLE		146,883	0	0
FIFTH THIRD BANCORP	COM	316773100	21,876	811,126	SH		SOLE		811,126	0	0
FIRST AMERN FINL CORP	COM	31847R102	31,791	867,900	SH		SOLE		867,900	0	0
FIRST BANCORP	COM	318910106	2,137	78,755	SH		SOLE		78,755	0	0
FIRST BANCSHARES INC MS	COM	318916103	6,166	225,352	SH		SOLE		225,352	0	0
FIRST BUSEY CORPORATION	COM NEW	319383204	3,607	117,193	SH		SOLE		117,193	0	0
FIRST CITIZENS BANCSHARES INC. (FCNCA)	CL A	31946M103	5,335	15,028	SH		SOLE		15,028	0	0
FIRST FNDTN INC	COM	32026V104	20,528	720,282	SH		SOLE		720,282	0	0
FIRST INDUSTRIAL REALTY TRUST	COM	32054K103	589	21,003	SH		SOLE		21,003	0	0
FIRST INTERNET BANCORP	COM	320557101	7,351	229,705	SH		SOLE		229,705	0	0
FIRST SOUTH BANCORP INC	COM	33646W100	4,006	335,260	SH		SOLE		335,260	0	0
FNB CORPORATION	COM	302520101	4,798	299,316	SH		SOLE		299,316	0	0
FNFV GROUP	FNFV GROUP	31620R402	1,526	111,383	SH		SOLE		111,383	0	0
GUARANTY BANCORP	COM NEW	40075T607	24,464	1,010,903	SH		SOLE		1,010,903	0	0
HARLEY-DAVIDSON INC	COM	412822108	26,499	454,214	SH		SOLE		454,214	0	0
HERITAGE OAKS BANCORP	COM	42724R107	6,211	503,770	SH		SOLE		503,770	0	0
HONEYWELL INTERNATIONAL INC.	COM	438516106	18,901	163,150	SH		SOLE		163,150	0	0
HUNTINGTON BANCSHARES	COM	446150104	14,114	1,067,623	SH		SOLE		1,067,623	0	0
INDEPENDENT BANK CORPORATION	COM NEW	453838609	22,523	1,037,940	SH		SOLE		1,037,940	0	0
INSTALLED BUILDING PRODUCTS, INC.	COM	45780R101	6,776	164,076	SH		SOLE		164,076	0	0
ISHARES TR	RUS 1000 ETF	464287622	3,878	31,159	SH		SOLE		31,159	0	0
ISLE OF CAPRI CASINOS	COM	464592104	1,706	69,115	SH		SOLE		69,115	0	0
J. ALEXANDER'S HOLDINGS, INC.	COM	46609J106	207	19,238	SH		SOLE		19,238	0	0
JP MORGAN CHASE & CO.	COM	46625H100	63,337	733,997	SH		SOLE		733,997	0	0
KEYCORP	COM	493267108	18,572	1,016,527	SH		SOLE		1,016,527	0	0
KINDER MORGAN INC.	COM	49456B101	2,613	126,163	SH		SOLE		126,163	0	0
KORN FERRY INTL	COM NEW	500643200	2,414	82,020	SH		SOLE		82,020	0	0
LAKELAND BANCORP, INC.	COM	511637100	3,622	185,729	SH		SOLE		185,729	0	0
LEAR CORP.	COM	521865204	13,628	102,953	SH		SOLE		102,953	0	0
LENNAR CORP.	CL A	526057104	4,520	105,278	SH		SOLE		105,278	0	0
M&T BANK CORPORATION	COM	55261F104	911	5,823	SH		SOLE		5,823	0	0
MARLIN BUSINESS SERVICES INC	COM	571157106	1,427	68,283	SH		SOLE		68,283	0	0
MASCO CORP.	COM	574599106	5,520	174,565	SH		SOLE		174,565	0	0
MB FINANCIAL, INC.	COM	55264U108	7,180	152,017	SH		SOLE		152,017	0	0
MBT FINANCIAL CORP.	COM	578877102	2,679	236,063	SH		SOLE		236,063	0	0
METALDYNE PERFORMANCE GROUP	COM	59116R107	1,320	57,500	SH		SOLE		57,500	0	0
MORGAN STANLEY	COM NEW	617446448	83	1,960	SH		SOLE		1,960	0	0
NORWEGIAN CRUISE LINE HOLDINGS LTD.	SHS	G66721104	7,724	181,624	SH		SOLE		181,624	0	0
OLD LINE BANCSHARES, INC.	COM	67984M100	7,892	329,118	SH		SOLE		329,118	0	0
OLD NATIONAL BANCORP	COM	680033107	10,022	552,157	SH		SOLE		552,157	0	0
OLD POINT FINANCIAL CORPORATION	COM	680194107	248	9,903	SH		SOLE		9,903	0	0
OLD SECOND BANCORP, INC.	COM	680277100	253	22,864	SH		SOLE		22,864	0	0
ONEMAIN HOLDINGS INC.	COM	68268W103	22,075	997,082	SH		SOLE		997,082	0	0
ORRSTOWN FINANCIAL SERVICES, INC.	COM	687380105	12,580	561,607	SH		SOLE		561,607	0	0
OWENS CORNING INC.	COM	690742101	19,441	377,054	SH		SOLE		377,054	0	0
PACIFIC CONTINENTAL CORP	COM	69412V108	11,618	531,727	SH		SOLE		531,727	0	0
PACIFIC PREMIER BANCORP, INC.	COM	69478X105	8,874	251,040	SH		SOLE		251,040	0	0
PACWEST BANCORP	COM	695263103	25,830	474,460	SH		SOLE		474,460	0	0
PEAPACK-GLADSTONE FINL CORP	COM	704699107	34,524	1,117,997	SH		SOLE		1,117,997	0	0
PENNYMAC FINANCIAL SERVICE	CL A	70932B101	18,388	1,104,412	SH		SOLE		1,104,412	0	0
PNC FINANCIAL SERVICES GROUP, INC.	COM	693475105	31,736	271,337	SH		SOLE		271,337	0	0
POPULAR, INC.	COM NEW	733174700	2,337	53,325	SH		SOLE		53,325	0	0
PREFERRED BANK/LOS ANGELES	COM NEW	740367404	18,851	359,609	SH		SOLE		359,609	0	0
PREMIER FINANCIAL BANCORP INC.	COM	74050M105	3,832	190,625	SH		SOLE		190,625	0	0
PRIVATEBANCORP INC	COM	742962103	5,930	109,421	SH		SOLE		109,421	0	0
PROVIDENT BANCORP INC	COM	74383X109	3,809	212,808	SH		SOLE		212,808	0	0
PULTE HOMES INC.	COM	745867101	4,372	237,851	SH		SOLE		237,851	0	0
REGIONAL MANAGEMENT CORP.	OPTIONS	75902K106	28,581	1,087,564	SH		SOLE		1,087,564	0	0
REGIONS FINANCIAL CORP.	OPTIONS	7591EP100	211,083	14,699,378	SH		SOLE		14,699,378	0	0
REPUBLIC FIRST BANCORP, INC.	COM	760416107	20,813	2,492,599	SH		SOLE		2,492,599	0	0
ROYAL BK CDA MONTREAL QUE	COM	780087102	2,198	32,456	SH		SOLE		32,456	0	0
SEACOAST BANKING CORP	COM NEW	811707801	51,952	2,355,043	SH		SOLE		2,355,043	0	0
SELECT SECTOR SPDR TR	SBI INT-FINL	81369Y605	450	19,347	SH	Put	SOLE		19,347	0	0
SELECT SECTOR SPDR TR	SBI INT-FINL	81369Y605	820	35,279	SH	Put	SOLE		35,279	0	0
SELECT SECTOR SPDR TR	SBI INT-FINL	81369Y605	1,093	47,000	SH	Put	SOLE		47,000	0	0
SELECT SECTOR SPDR TR	SBI INT-FINL	81369Y605	574	24,700	SH	Put	SOLE		24,700	0	0
SELECT SECTOR SPDR TR	SBI INT-FINL	81369Y605	445	19,157	SH	Put	SOLE		19,157	0	0
SELECT SECTOR SPDR TR	SBI INT-FINL	81369Y605	364	15,674	SH	Put	SOLE		15,674	0	0
SHORE BANCSHARES INC	COM	825107105	5,832	382,417	SH		SOLE		382,417	0	0
SIGNATURE BK NEW YORK N Y	COM	82669G104	30,454	202,753	SH		SOLE		202,753	0	0
SOUTH STATE CORP.	COM	840441109	3,701	42,350	SH		SOLE		42,350	0	0
SOUTHERN FIRST BANCSHARES INC	COM	842873101	2,917	81,017	SH		SOLE		81,017	0	0
SOUTHWEST BANCORP, INC.	COM	844767103	4,060	140,000	SH		SOLE		140,000	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	41	185	SH	Put	SOLE		185	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	198	884	SH	Put	SOLE		884	0	0
STATE STREET CORP.	COM	857477103	5,393	69,388	SH		SOLE		69,388	0	0
STERLING BANCORP	COM	85917A100	12,754	545,047	SH		SOLE		545,047	0	0
STEWART INFORMATION SERVICES	COM	860372101	6,967	151,194	SH		SOLE		151,194	0	0
STONEGATE BK FT LAUDERDALE F	COM	861811107	5,334	127,820	SH		SOLE		127,820	0	0
SUFFOLK BANCORP	COM	864739107	3,946	92,163	SH		SOLE		92,163	0	0
SUNSHINE BANCORP INC.	COM	86777J108	3,015	175,892	SH		SOLE		175,892	0	0
SUSSEX BANCORP	COM	869245100	5,707	273,061	SH		SOLE		273,061	0	0
SVB FINL GROUP	COM	78486Q101	27,765	161,742	SH		SOLE		161,742	0	0
SWIFT TRANSPORTATION CO.	CL A	87074U101	84	3,466	SH		SOLE		3,466	0	0
SYNOVUS FINANCIAL CORP.	COM NEW	87161C501	11,974	291,486	SH		SOLE		291,486	0	0
TCF FINANCIAL CORP.	COM	872275102	18,307	934,501	SH		SOLE		934,501	0	0
TEXAS CAPITAL BANCSHARES, INC.	COM	88224Q107	7,535	96,115	SH		SOLE		96,115	0	0
THE FIRST OF LONG ISLAND CORP	COM	320734106	34,488	1,207,971	SH		SOLE		1,207,971	0	0
TOLL BROTHERS INC.	COM	889478103	4,595	148,219	SH		SOLE		148,219	0	0
TOPBUILD CORP.	COM	89055F103	691	19,396	SH		SOLE		19,396	0	0
TRI POINTE GROUP, INC.	COM	87265H109	81	7,029	SH		SOLE		7,029	0	0
TRICO BANCSHARES	COM	896095106	4,716	137,982	SH		SOLE		137,982	0	0
TRIUMPH BANCORP INC.	COM	89679E300	23,862	912,517	SH		SOLE		912,517	0	0
TWO RIVER BANCORP	COM	90207C105	149	10,000	SH		SOLE		10,000	0	0
UNITED BANKSHARES INC WEST V	COM	909907107	8,333	180,165	SH		SOLE		180,165	0	0
UNITY BANCORP INC	COM	913290102	6,949	442,600	SH		SOLE		442,600	0	0
US BANCORP	COM	902973304	59,182	1,152,064	SH		SOLE		1,152,064	0	0
VALLEY NATIONAL BANCORP	COM	919794107	3,798	326,307	SH		SOLE		326,307	0	0
VERITEX HOLDINGS INC.	COM	923451108	35,954	1,346,103	SH		SOLE		1,346,103	0	0
WASHINGTONFIRST BANKSHARE INC.	COM	940730104	14,280	492,584	SH		SOLE		492,584	0	0
WASTE MANAGEMENT INC	COM	94106L109	85	1,198	SH		SOLE		1,198	0	0
WCI COMMUNITIES, INC.	COM PAR $0.01	92923C807	1,875	79,972	SH		SOLE		79,972	0	0
WELLS FARGO & CO	COM	949746101	67,012	1,215,959	SH		SOLE		1,215,959	0	0
WESTERN ALLIANCE BANCORP	COM	957638109	3,668	75,297	SH		SOLE		75,297	0	0
WESTERN REFINING INC	COM	959319104	1,703	45,000	SH		SOLE		45,000	0	0
WINTRUST FINANCIAL CORPORATION	COM	97650W108	14,379	198,142	SH		SOLE		198,142	0	0
YADKIN FINANCIAL CORPORATION	COM	984305102	5,263	153,614	SH		SOLE		153,614	0	0
ZIONS BANCORPORATION	COM	989701107	21,232	493,315	SH		SOLE		493,315	0	0