Elizabeth Park Capital Advisors, Ltd.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), Elizabeth Park Capital Advisors, Ltd. reported 43 stock positions worth $110.3 million. Its top holding was QCR (QCRH) at 7.4% of the portfolio, followed by Bank of Marin Bancorp (BMRC, 4.4%) and Old National Bancorp (ONB, 4.0%). Compared with Q4 2024, it opened 7 new positions, sold out of 5, added to 16 and reduced 14. The biggest buy was a new position in Umb Financial (UMBF) and the biggest sale an exit from Stellar Bancorp (STEL).
- Most Recent 13F
- Q2 2026
- Location
- PEPPER PIKE, OH
- CIK
- 0001600583
- Portfolio Value
- $110.3M (Q1 2025)
- SEC Filing
- 0001512716-25-000006 ↗ filed May 14, 2025
Holdings Value
Holdings 43 stocks · $110.3M
| QCRH QCR Holdings Inc. | 7.40% | 114,380 | $8.2M | Reduce -1.6% |
| BMRC Bank of Marin Bancorp filed as BANK MARIN BANCORP | 4.40% | 219,952 | $4.9M | Reduce -8.0% |
| ONB Old National Bancorp | 3.98% | 207,114 | $4.4M | Add +17.9% |
| CCB Coastal Financial Corp. | 3.87% | 47,256 | $4.3M | Add +29.3% |
| VLY Valley National Bancorp | 3.61% | 447,985 | $4.0M | Add +19.8% |
| CBNK Capital Bancorp Inc. | 3.22% | 125,213 | $3.5M | Add +21.3% |
| SMBK Smartfinancial Inc. | 3.20% | 113,446 | $3.5M | Reduce -11.1% |
| NRIM Northrim Bancorp Inc. | 3.17% | 47,784 | $3.5M | Add +18.9% |
| DCOM Dime Commercial Bancshares I filed as DIME CMNTY BANCSHARES INC | 2.95% | 116,879 | $3.3M | Add +24.6% |
| VABK Virginia National Bankshares | 2.88% | 88,076 | $3.2M | Reduce -10.2% |
| OSBC Old Second Bancorp Inc. | 2.86% | 189,750 | $3.2M | Add +34.7% |
| BRBS Blue Ridge Bankshares Inc. | 2.86% | 1,207,446 | $3.2M | Add +50.3% |
| SNV Synovus Financial Corp. | 2.86% | 67,408 | $3.2M | Add +50.1% |
| UMBF Umb Financial Corp. | 2.79% | 30,457 | $3.1M | New |
| TRMK Trustmark Corp. | 2.72% | 87,071 | $3.0M | Add +40.1% |
| VBTX Veritex Holdings Inc. | 2.67% | 117,883 | $2.9M | Add +26.9% |
| WTFC Wintrust Financial Corp. | 2.45% | 24,042 | $2.7M | Add +30.7% |
| AMAL Amalgamated Financial Corp. | 2.42% | 93,009 | $2.7M | Add +29.1% |
| OFG Ofg Bancorp | 2.40% | 66,049 | $2.6M | Add +32.8% |
| ESQ Esquire Financial Holdings I | 2.27% | 33,210 | $2.5M | Reduce -31.1% |
| FCCO First Community Corp. | 2.20% | 107,722 | $2.4M | Reduce -13.6% |
| HTB Hometrust Bancshares Inc. | 2.13% | 68,531 | $2.3M | New |
| PLBC Plumas Bancorp | 2.11% | 53,778 | $2.3M | Add +5.9% |
| JMSB John Marshall Bancorp Inc. | 2.09% | 139,339 | $2.3M | Reduce -14.9% |
| CIVB Civista Bancshares Inc. | 2.07% | 116,952 | $2.3M | No change |
| MTB M & T Bank Corp. filed as M & T BK CORP | 2.06% | 12,730 | $2.3M | Reduce -22.9% |
| CFG Citizens Financial Group | 2.06% | 55,490 | $2.3M | Reduce -30.5% |
| HBAN Huntington Bancshares Inc. | 2.04% | 149,780 | $2.2M | Reduce -29.0% |
| ZION Zions Bancorp NA | 2.04% | 45,090 | $2.2M | New |
| EWBC East West Bancorp Inc. | 2.03% | 25,000 | $2.2M | Reduce -40.6% |
| BHB Bar Harbor Bankshares filed as BAR HBR BANKSHARES | 1.92% | 71,623 | $2.1M | No change |
| TCBI Texas Capital Bancshares Inc. | 1.80% | 26,617 | $2.0M | Reduce -23.3% |
| PEBO Peoples Bancorp Inc. | 1.72% | 64,100 | $1.9M | No change |
| ATLO Ames National Corp. | 1.71% | 107,385 | $1.9M | New |
| USCB Uscb Financial Holdings Inc. | 1.49% | 88,599 | $1.6M | No change |
| CCNE CNB Financial Corp. | 1.34% | 66,458 | $1.5M | No change |
| FSEA First Seacoast Bancorp Inc. | 1.32% | 125,000 | $1.5M | No change |
| MBCN Middlefield Banc Corp. | 0.70% | 27,731 | $775K | Add +42.5% |
| MBWM Mercantile Bank Corp. | 0.57% | 14,470 | $629K | New |
| HTBK Heritage Commerce Corp. | 0.50% | 58,267 | $555K | New |
| CFBK CF Bankshares Inc. | 0.46% | 22,985 | $507K | Reduce -79.2% |
| BUSE First Busey Corp. | 0.43% | 22,000 | $475K | New |
| FFWM First Foundation Inc. | 0.20% | 41,631 | $216K | Reduce -85.3% |
Portfolio Sells Q4 2024 → Q1 2025
| STEL Stellar Bancorp Inc. | Sold out | 0.00% | −4.30 |
| FITB Fifth Third Bancorp | Sold out | 0.00% | −2.65 |
| KEY Keycorp | Sold out | 0.00% | −2.63 |
| PGC Peapack Gladstone Finl Corp. | Sold out | 0.00% | −2.01 |
| CFBK CF Bankshares Inc. | Reduce -79.2% | 0.46% | −1.84 |
| RRBI Red River Bancshares Inc. | Sold out | 0.00% | −1.70 |
| EWBC East West Bancorp Inc. | Reduce -40.6% | 2.03% | −1.25 |
| FFWM First Foundation Inc. | Reduce -85.3% | 0.20% | −1.23 |
| ESQ Esquire Financial Holdings I | Reduce -31.1% | 2.27% | −0.85 |
| CFG Citizens Financial Group | Reduce -30.5% | 2.06% | −0.79 |
| HBAN Huntington Bancshares Inc. | Reduce -29.0% | 2.04% | −0.76 |
| JMSB John Marshall Bancorp Inc. | Reduce -14.9% | 2.09% | −0.59 |
| MTB M & T Bank Corp. | Reduce -22.9% | 2.06% | −0.47 |
| TCBI Texas Capital Bancshares Inc. | Reduce -23.3% | 1.80% | −0.41 |
| QCRH QCR Holdings Inc. | Reduce -1.6% | 7.40% | −0.24 |
| FCCO First Community Corp. | Reduce -13.6% | 2.20% | −0.24 |
| BMRC Bank of Marin Bancorp | Reduce -8.0% | 4.40% | −0.23 |
| VABK Virginia National Bankshares | Reduce -10.2% | 2.88% | −0.17 |
| SMBK Smartfinancial Inc. | Reduce -11.1% | 3.20% | −0.03 |
Portfolio Buys Q4 2024 → Q1 2025
| UMBF Umb Financial Corp. | New | 2.79% | +2.79 |
| HTB Hometrust Bancshares Inc. | New | 2.13% | +2.13 |
| ZION Zions Bancorp NA | New | 2.04% | +2.04 |
| ATLO Ames National Corp. | New | 1.71% | +1.71 |
| CCB Coastal Financial Corp. | Add +29.3% | 3.87% | +1.34 |
| SNV Synovus Financial Corp. | Add +50.1% | 2.86% | +0.98 |
| TRMK Trustmark Corp. | Add +40.1% | 2.72% | +0.93 |
| ONB Old National Bancorp | Add +17.9% | 3.98% | +0.87 |
| BRBS Blue Ridge Bankshares Inc. | Add +50.3% | 2.86% | +0.86 |
| VLY Valley National Bancorp | Add +19.8% | 3.61% | +0.85 |
| OSBC Old Second Bancorp Inc. | Add +34.7% | 2.86% | +0.82 |
| CBNK Capital Bancorp Inc. | Add +21.3% | 3.22% | +0.82 |
| OFG Ofg Bancorp | Add +32.8% | 2.40% | +0.68 |
| NRIM Northrim Bancorp Inc. | Add +18.9% | 3.17% | +0.62 |
| VBTX Veritex Holdings Inc. | Add +26.9% | 2.67% | +0.61 |
| DCOM Dime Commercial Bancshares I | Add +24.6% | 2.95% | +0.60 |
| WTFC Wintrust Financial Corp. | Add +30.7% | 2.45% | +0.58 |
| MBWM Mercantile Bank Corp. | New | 0.57% | +0.57 |
| HTBK Heritage Commerce Corp. | New | 0.50% | +0.50 |
| AMAL Amalgamated Financial Corp. | Add +29.1% | 2.42% | +0.46 |
| BUSE First Busey Corp. | New | 0.43% | +0.43 |
| MBCN Middlefield Banc Corp. | Add +42.5% | 0.70% | +0.26 |
| PLBC Plumas Bancorp | Add +5.9% | 2.11% | +0.15 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 44 | $144.8M | QCRH, OBK, BCAL, HBNC, VLY |
| Q1 2026 | 46 | $129.9M | QCRH, OBK, HBNC, BCAL, VLY |
| Q4 2025 | 45 | $121.4M | QCRH, OBK, CFG, HBNC, VLY |
| Q3 2025 | 48 | $123.6M | QCRH, CFG, VLY, CBNK, EWBC |
| Q2 2025 | 41 | $111.5M | QCRH, VBTX, BMRC, CCB, HBAN |
| Q1 2025 | 43 | $110.3M | QCRH, BMRC, ONB, CCB, VLY |
| Q4 2024 | 41 | $122.7M | QCRH, BMRC, STEL, EWBC, SMBK |
| Q3 2024 | 43 | $123.8M | QCRH, SASR, STEL, VBFC, VABK |
| Q2 2024 | 44 | $115.5M | QCRH, SASR, FBMS, STEL, PFC |
| Q1 2024 | 46 | $120.5M | QCRH, PFC, EWBC, KEY, ESQ |