Elizabeth Park Capital Advisors, Ltd.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 14, 2026), Elizabeth Park Capital Advisors, Ltd. reported 46 stock positions worth $129.9 million. Its top holding was QCR (QCRH) at 5.6% of the portfolio, followed by Origin Bancorp (OBK, 4.1%) and Horizon Bancorp (HBNC, 3.6%). Compared with Q4 2025, it opened 8 new positions, sold out of 7, added to 17 and reduced 6. The biggest buy was a new position in Franklin Financial Services (FRAF) and the biggest sale an exit from Atlantic Union Bankshares (AUB).
- Most Recent 13F
- Q2 2026
- Location
- PEPPER PIKE, OH
- CIK
- 0001600583
- Portfolio Value
- $129.9M (Q1 2026)
- SEC Filing
- 0001600583-26-000005 ↗ filed May 14, 2026
Holdings Value
Holdings 46 stocks · $129.9M
| QCRH QCR Holdings Inc. filed as QCR HLDGS INC | 5.60% | 85,100 | $7.3M | No change |
| OBK Origin Bancorp Inc. | 4.09% | 128,151 | $5.3M | Add +1.6% |
| HBNC Horizon Bancorp Inc. | 3.63% | 284,669 | $4.7M | Add +10.9% |
| BCAL California Bancorp | 3.47% | 254,578 | $4.5M | Add +78.5% |
| VLY Valley National Bancorp | 3.41% | 360,935 | $4.4M | Add +0.6% |
| CFG Citizens Financial Group | 3.38% | 73,130 | $4.4M | Reduce -6.6% |
| IBOC International Bancshares CRP | 3.24% | 62,487 | $4.2M | Add +1.5% |
| EWBC East West Bancorp Inc. | 3.06% | 37,200 | $4.0M | Add +8.8% |
| ZION Zions Bancorp NA | 2.79% | 62,850 | $3.6M | Add +5.9% |
| ONB Old National Bancorp | 2.65% | 155,600 | $3.4M | Add +4.7% |
| BRBS Blue Ridge Bankshares Inc. | 2.59% | 803,446 | $3.4M | No change |
| OSBC Old Second Bancorp Inc. | 2.58% | 166,457 | $3.4M | Add +4.9% |
| FRAF Franklin Financial Services | 2.51% | 63,910 | $3.3M | New |
| DCOM Dime Commercial Bancshares I filed as DIME CMNTY BANCSHARES INC | 2.36% | 90,814 | $3.1M | No change |
| FFBC First Financial Bancorp filed as 1ST FINL BANCORP | 2.32% | 108,254 | $3.0M | New |
| VABK Virginia National Bankshares | 2.20% | 74,879 | $2.9M | No change |
| CNOB Connectone Bancorp Inc. | 2.13% | 103,219 | $2.8M | Add +4.0% |
| COLB Columbia Banking System Inc. | 2.10% | 99,400 | $2.7M | Add +2.5% |
| PLBC Plumas Bancorp | 2.02% | 53,778 | $2.6M | No change |
| HAFC Hanmi Financial Corporation | 1.98% | 97,720 | $2.6M | Add +16.7% |
| MBWM Mercantile Bank Corp. | 1.98% | 50,971 | $2.6M | No change |
| FITB Fifth Third Bancorp | 1.97% | 55,000 | $2.6M | New |
| BUSE First Busey Corp. | 1.94% | 99,797 | $2.5M | New |
| BHB Bar Harbor Bankshares filed as BAR HBR BANKSHARES | 1.94% | 77,623 | $2.5M | No change |
| SMBK Smartfinancial Inc. | 1.93% | 64,042 | $2.5M | Reduce -13.3% |
| UMBF Umb Financial Corp. | 1.91% | 22,002 | $2.5M | Add +201.3% |
| SFBS Servisfirst Bancshares Inc. | 1.91% | 34,000 | $2.5M | New |
| FCCO First Community Corp. | 1.88% | 83,624 | $2.4M | Reduce -15.6% |
| PEBO Peoples Bancorp Inc. | 1.88% | 74,167 | $2.4M | Add +4.2% |
| NRIM Northrim Bancorp Inc. | 1.80% | 102,268 | $2.3M | No change |
| ATLO Ames National Corp. | 1.75% | 80,480 | $2.3M | Reduce -25.1% |
| JMSB John Marshall Bancorp Inc. | 1.64% | 105,339 | $2.1M | No change |
| SFNC Simmons First Natl Corp. Class A | 1.64% | 109,369 | $2.1M | New |
| SBCF Seacoast Banking Corp. | 1.60% | 68,477 | $2.1M | Add +3.8% |
| SFST Southern First Bancshares | 1.59% | 37,803 | $2.1M | New |
| USCB Uscb Financial Holdings Inc. | 1.58% | 110,599 | $2.1M | No change |
| WTFC Wintrust Financial Corp. | 1.54% | 14,392 | $2.0M | Reduce -41.0% |
| CCNE CNB Financial Corp. | 1.48% | 66,458 | $1.9M | No change |
| WNEB Western New England Bancorp | 1.45% | 145,962 | $1.9M | No change |
| COSO Coastal South Bancshares Inc. | 1.43% | 75,740 | $1.9M | No change |
| CBNK Capital Bancorp Inc. | 1.38% | 60,224 | $1.8M | No change |
| AVBH Avidbank Holdings Inc. | 1.35% | 61,551 | $1.8M | Add +207.8% |
| HTB Hometrust Bancshares Inc. | 1.34% | 40,760 | $1.7M | Reduce -30.6% |
| FSEA First Seacoast Bancorp Inc. | 1.33% | 138,076 | $1.7M | Add +10.5% |
| CIVB Civista Bancshares Inc. | 1.07% | 60,891 | $1.4M | No change |
| FLG Flagstar Bank NA | 0.59% | 58,700 | $773K | New |
Portfolio Sells Q4 2025 → Q1 2026
| AUB Atlantic Union Bankshares Co. | Sold out | 0.00% | −2.49 |
| WBS Webster Financial Corp. | Sold out | 0.00% | −2.25 |
| OFG Ofg Bancorp | Sold out | 0.00% | −1.90 |
| CCB Coastal Financial Corp. | Sold out | 0.00% | −1.79 |
| HBCP Home Bancorp Inc. | Sold out | 0.00% | −1.64 |
| ESQ Esquire Financial Holdings I | Sold out | 0.00% | −1.37 |
| WTFC Wintrust Financial Corp. | Reduce -41.0% | 1.54% | −1.27 |
| SPFI South Plains Financial Inc. | Sold out | 0.00% | −1.26 |
| HTB Hometrust Bancshares Inc. | Reduce -30.6% | 1.34% | −0.74 |
| FCCO First Community Corp. | Reduce -15.6% | 1.88% | −0.54 |
| CFG Citizens Financial Group | Reduce -6.6% | 3.38% | −0.39 |
| SMBK Smartfinancial Inc. | Reduce -13.3% | 1.93% | −0.32 |
| ATLO Ames National Corp. | Reduce -25.1% | 1.75% | −0.28 |
Portfolio Buys Q4 2025 → Q1 2026
| FRAF Franklin Financial Services | New | 2.51% | +2.51 |
| FFBC First Financial Bancorp | New | 2.32% | +2.32 |
| FITB Fifth Third Bancorp | New | 1.97% | +1.97 |
| BUSE First Busey Corp. | New | 1.94% | +1.94 |
| SFBS Servisfirst Bancshares Inc. | New | 1.91% | +1.91 |
| SFNC Simmons First Natl Corp. Class A | New | 1.64% | +1.64 |
| SFST Southern First Bancshares | New | 1.59% | +1.59 |
| BCAL California Bancorp | Add +78.5% | 3.47% | +1.28 |
| UMBF Umb Financial Corp. | Add +201.3% | 1.91% | +1.22 |
| AVBH Avidbank Holdings Inc. | Add +207.8% | 1.35% | +0.91 |
| FLG Flagstar Bank NA | New | 0.59% | +0.59 |
| OBK Origin Bancorp Inc. | Add +1.6% | 4.09% | +0.19 |
| HAFC Hanmi Financial Corporation | Add +16.7% | 1.98% | +0.12 |
| PEBO Peoples Bancorp Inc. | Add +4.2% | 1.88% | +0.12 |
| HBNC Horizon Bancorp Inc. | Add +10.9% | 3.63% | +0.05 |
| OSBC Old Second Bancorp Inc. | Add +4.9% | 2.58% | +0.03 |
| CNOB Connectone Bancorp Inc. | Add +4.0% | 2.13% | −0.02 |
| FSEA First Seacoast Bancorp Inc. | Add +10.5% | 1.33% | −0.02 |
| VLY Valley National Bancorp | Add +0.6% | 3.41% | −0.04 |
| ZION Zions Bancorp NA | Add +5.9% | 2.79% | −0.07 |
| ONB Old National Bancorp | Add +4.7% | 2.65% | −0.08 |
| EWBC East West Bancorp Inc. | Add +8.8% | 3.06% | −0.11 |
| SBCF Seacoast Banking Corp. | Add +3.8% | 1.60% | −0.11 |
| IBOC International Bancshares CRP | Add +1.5% | 3.24% | −0.13 |
| COLB Columbia Banking System Inc. | Add +2.5% | 2.10% | −0.13 |
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 |