Elizabeth Park Capital Advisors, Ltd.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), Elizabeth Park Capital Advisors, Ltd. reported 41 stock positions worth $111.5 million. Its top holding was QCR (QCRH) at 5.1% of the portfolio, followed by Veritex (VBTX, 4.4%) and Bank of Marin Bancorp (BMRC, 4.2%). Compared with Q1 2025, it opened 4 new positions, sold out of 6, added to 7 and reduced 23. The biggest buy was a new position in Atlantic Union Bankshares (AUB) and the biggest sale an exit from Trustmark (TRMK).
- Most Recent 13F
- Q2 2026
- Location
- PEPPER PIKE, OH
- CIK
- 0001600583
- Portfolio Value
- $111.5M (Q2 2025)
- SEC Filing
- 0001600583-25-000006 ↗ filed Aug 13, 2025
Holdings Value
Holdings 41 stocks · $111.5M
| QCRH QCR Holdings Inc. | 5.06% | 83,100 | $5.6M | Reduce -27.4% |
| VBTX Veritex Holdings Inc. | 4.35% | 185,925 | $4.9M | Add +57.7% |
| BMRC Bank of Marin Bancorp filed as BANK MARIN BANCORP | 4.24% | 206,855 | $4.7M | Reduce -6.0% |
| CCB Coastal Financial Corp. | 3.42% | 39,311 | $3.8M | Reduce -16.8% |
| HBAN Huntington Bancshares Inc. | 3.20% | 213,000 | $3.6M | Add +42.2% |
| CFG Citizens Financial Group | 3.14% | 78,330 | $3.5M | Add +41.2% |
| CBNK Capital Bancorp Inc. | 3.11% | 103,265 | $3.5M | Reduce -17.5% |
| EWBC East West Bancorp Inc. | 3.10% | 34,200 | $3.5M | Add +36.8% |
| SNV Synovus Financial Corp. | 3.09% | 66,500 | $3.4M | Reduce -1.4% |
| VLY Valley National Bancorp | 3.00% | 373,935 | $3.3M | Reduce -16.5% |
| UMBF Umb Financial Corp. | 2.76% | 29,302 | $3.1M | Reduce -3.8% |
| ONB Old National Bancorp | 2.73% | 142,600 | $3.0M | Reduce -31.1% |
| ZION Zions Bancorp NA | 2.70% | 57,850 | $3.0M | Add +28.3% |
| VABK Virginia National Bankshares | 2.66% | 80,247 | $3.0M | Reduce -8.9% |
| BRBS Blue Ridge Bankshares Inc. | 2.58% | 803,446 | $2.9M | Reduce -33.5% |
| WTFC Wintrust Financial Corp. | 2.49% | 22,392 | $2.8M | Reduce -6.9% |
| SMBK Smartfinancial Inc. | 2.45% | 80,866 | $2.7M | Reduce -28.7% |
| OSBC Old Second Bancorp Inc. | 2.41% | 151,299 | $2.7M | Reduce -20.3% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 2.37% | 13,600 | $2.6M | Add +6.8% |
| MBCN Middlefield Banc Corp. | 2.33% | 86,307 | $2.6M | Add +211.2% |
| DCOM Dime Commercial Bancshares I filed as DIME CMNTY BANCSHARES INC | 2.27% | 93,814 | $2.5M | Reduce -19.7% |
| FCCO First Community Corp. | 2.17% | 99,080 | $2.4M | Reduce -8.0% |
| CIVB Civista Bancshares Inc. | 2.15% | 103,486 | $2.4M | Reduce -11.5% |
| PLBC Plumas Bancorp | 2.15% | 53,778 | $2.4M | No change |
| NRIM Northrim Bancorp Inc. | 2.14% | 25,567 | $2.4M | Reduce -46.5% |
| AUB Atlantic Union Bankshares Co. | 2.13% | 76,020 | $2.4M | New |
| ESQ Esquire Financial Holdings I | 2.11% | 24,806 | $2.3M | Reduce -25.3% |
| EFSC Enterprise Financial Service | 2.09% | 42,342 | $2.3M | New |
| AMAL Amalgamated Financial Corp. | 2.02% | 72,040 | $2.2M | Reduce -22.6% |
| CNOB Connectone Bancorp Inc. | 1.98% | 95,219 | $2.2M | New |
| BHB Bar Harbor Bankshares filed as BAR HBR BANKSHARES | 1.93% | 71,623 | $2.1M | No change |
| OFG Ofg Bancorp | 1.91% | 49,719 | $2.1M | Reduce -24.7% |
| HTB Hometrust Bancshares Inc. | 1.82% | 54,351 | $2.0M | Reduce -20.7% |
| PEBO Peoples Bancorp Inc. | 1.76% | 64,100 | $2.0M | No change |
| JMSB John Marshall Bancorp Inc. | 1.75% | 105,339 | $2.0M | Reduce -24.4% |
| ATLO Ames National Corp. | 1.72% | 107,385 | $1.9M | No change |
| SBCF Seacoast Banking Corp. | 1.51% | 60,977 | $1.7M | New |
| CCNE CNB Financial Corp. | 1.36% | 66,458 | $1.5M | No change |
| USCB Uscb Financial Holdings Inc. | 1.31% | 88,599 | $1.5M | No change |
| FSEA First Seacoast Bancorp Inc. | 1.28% | 125,000 | $1.4M | No change |
| TCBI Texas Capital Bancshares Inc. | 1.26% | 17,717 | $1.4M | Reduce -33.4% |
Portfolio Sells Q1 2025 → Q2 2025
| TRMK Trustmark Corp. | Sold out | 0.00% | −2.72 |
| QCRH QCR Holdings Inc. | Reduce -27.4% | 5.06% | −2.34 |
| ONB Old National Bancorp | Reduce -31.1% | 2.73% | −1.25 |
| NRIM Northrim Bancorp Inc. | Reduce -46.5% | 2.14% | −1.03 |
| SMBK Smartfinancial Inc. | Reduce -28.7% | 2.45% | −0.75 |
| DCOM Dime Commercial Bancshares I | Reduce -19.7% | 2.27% | −0.69 |
| VLY Valley National Bancorp | Reduce -16.5% | 3.00% | −0.62 |
| MBWM Mercantile Bank Corp. | Sold out | 0.00% | −0.57 |
| TCBI Texas Capital Bancshares Inc. | Reduce -33.4% | 1.26% | −0.54 |
| HTBK Heritage Commerce Corp. | Sold out | 0.00% | −0.50 |
| OFG Ofg Bancorp | Reduce -24.7% | 1.91% | −0.49 |
| CFBK CF Bankshares Inc. | Sold out | 0.00% | −0.46 |
| CCB Coastal Financial Corp. | Reduce -16.8% | 3.42% | −0.46 |
| OSBC Old Second Bancorp Inc. | Reduce -20.3% | 2.41% | −0.46 |
| BUSE First Busey Corp. | Sold out | 0.00% | −0.43 |
| AMAL Amalgamated Financial Corp. | Reduce -22.6% | 2.02% | −0.41 |
| JMSB John Marshall Bancorp Inc. | Reduce -24.4% | 1.75% | −0.34 |
| HTB Hometrust Bancshares Inc. | Reduce -20.7% | 1.82% | −0.31 |
| BRBS Blue Ridge Bankshares Inc. | Reduce -33.5% | 2.58% | −0.28 |
| VABK Virginia National Bankshares | Reduce -8.9% | 2.66% | −0.22 |
| FFWM First Foundation Inc. | Sold out | 0.00% | −0.20 |
| ESQ Esquire Financial Holdings I | Reduce -25.3% | 2.11% | −0.16 |
| BMRC Bank of Marin Bancorp | Reduce -6.0% | 4.24% | −0.16 |
| CBNK Capital Bancorp Inc. | Reduce -17.5% | 3.11% | −0.11 |
| FCCO First Community Corp. | Reduce -8.0% | 2.17% | −0.04 |
| UMBF Umb Financial Corp. | Reduce -3.8% | 2.76% | −0.03 |
| WTFC Wintrust Financial Corp. | Reduce -6.9% | 2.49% | +0.04 |
| CIVB Civista Bancshares Inc. | Reduce -11.5% | 2.15% | +0.08 |
| SNV Synovus Financial Corp. | Reduce -1.4% | 3.09% | +0.23 |
Portfolio Buys Q1 2025 → Q2 2025
| AUB Atlantic Union Bankshares Co. | New | 2.13% | +2.13 |
| EFSC Enterprise Financial Service | New | 2.09% | +2.09 |
| CNOB Connectone Bancorp Inc. | New | 1.98% | +1.98 |
| VBTX Veritex Holdings Inc. | Add +57.7% | 4.35% | +1.68 |
| MBCN Middlefield Banc Corp. | Add +211.2% | 2.33% | +1.63 |
| SBCF Seacoast Banking Corp. | New | 1.51% | +1.51 |
| HBAN Huntington Bancshares Inc. | Add +42.2% | 3.20% | +1.16 |
| CFG Citizens Financial Group | Add +41.2% | 3.14% | +1.08 |
| EWBC East West Bancorp Inc. | Add +36.8% | 3.10% | +1.06 |
| ZION Zions Bancorp NA | Add +28.3% | 2.70% | +0.66 |
| MTB M & T Bank Corp. | Add +6.8% | 2.37% | +0.30 |
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 |