PL Capital Advisors, LLC Long-Term Concentrated

Location: Naples, FL

CIK: 0001569147 · Show all filings

Period: Q1 2023 (← Previous) (Next →)

Filing Date: May 2, 2023

Total Value: $284M (100.0% shares, 0.0% debt)

Holdings (40)

BANC BANC OF CALIFORNIA 15.0%

Value $42.62M Shares 3,401,719 Share Price $12.53 * Est. Cost/Share $9.88 Unrealized @ Report Date +50.6%

EFSC ENTERPRISE FINL SVCS 12.4%

Value $35.13M Shares 787,829 Share Price $44.59 * Est. Cost/Share $22.44 Unrealized @ Report Date +113.0%

FRME FIRST MERCHANTS 8.9%

Value $25.15M Shares 763,333 Share Price $32.95 * Est. Cost/Share $16.18 Unrealized @ Report Date +118.0%

Value $21.1M Shares 1,818,765 Share Price $11.60 * Est. Cost/Share $8.08 Unrealized @ Report Date +49.2%

— EVANS BANCORP 6.3%

Value $17.91M Shares 533,649 Share Price $33.57 Est. Cost/Share $36.26 Unrealized @ Report Date —

HBNC HORIZON BANCORP 6.2%

Value $17.74M Shares 1,603,944 Share Price $11.06 * Est. Cost/Share $15.72 Unrealized @ Report Date -8.6%

— OLD POINT FINL 5.2%

Value $14.89M Shares 625,246 Share Price $23.81 Est. Cost/Share $18.49 Unrealized @ Report Date —

— MALVERN BANCORP 4.0%

Value $11.46M Shares 753,961 Share Price $15.19 Est. Cost/Share $11.94 Unrealized @ Report Date —

HWBK HAWTHORN BANCSHARES 2.9%

Value $8.309M Shares 355,448 Share Price $23.38 Est. Cost/Share $20.50 Unrealized @ Report Date +11.7%

— COMMUNITY WEST BANCSHARES 2.8%

Value $7.996M Shares 632,075 Share Price $12.65 Est. Cost/Share $11.41 Unrealized @ Report Date —

SYF SYNCHRONY FINANCIAL 2.6%

Value $7.52M Shares 258,600 Share Price $29.08 * Est. Cost/Share $23.12 Unrealized @ Report Date +36.0%

— NEW YORK CMNTY BANCORP 2.5%

Value $7.232M Shares 800,000 Share Price $9.04 Est. Cost/Share $9.71 Unrealized @ Report Date —

IBCP INDEPENDENT BK MICH 2.3%

Value $6.397M Shares 359,985 Share Price $17.77 * Est. Cost/Share $12.18 Unrealized @ Report Date +57.9%

MBIN MERCHANTS BANCORP IND 2.0%

Value $5.593M Shares 214,794 Share Price $26.04 * Est. Cost/Share $27.53 Unrealized @ Report Date -2.4%

FITB FIFTH THIRD BANCORP 1.9%

Value $5.33M Shares 200,075 Share Price $26.64 * Est. Cost/Share $23.96 Unrealized @ Report Date +22.8%

FRST PRIMIS FINANCIAL 1.8%

Value $5.212M Shares 541,259 Share Price $9.63 * Est. Cost/Share $11.54 Unrealized @ Report Date -12.7%

CFG CITIZENS FINL GROUP 1.7%

Value $4.906M Shares 161,553 Share Price $30.37 * Est. Cost/Share $20.74 Unrealized @ Report Date +65.7%

FISI FINANCIAL INSTNS 1.6%

Value $4.411M Shares 228,800 Share Price $19.28 * Est. Cost/Share $22.11 Unrealized @ Report Date -10.0%

ABCB AMERIS BANCORP 1.5%

Value $4.335M Shares 118,497 Share Price $36.58 * Est. Cost/Share $41.41 Unrealized @ Report Date +4.4%

IVR INVESCO MORTGAGE CAPITAL 1.5%

Value $4.275M Shares 385,494 Share Price $11.09 Est. Cost/Share $11.67 Unrealized @ Report Date —

CMA COMERICA 1.4%

Value $3.869M Shares 89,100 Share Price $43.42 * Est. Cost/Share $52.37 Unrealized @ Report Date +4.8%

— LAKELAND BANCORP 1.1%

Value $3.206M Shares 205,000 Share Price $15.64 Est. Cost/Share $16.32 Unrealized @ Report Date —

LFT LUMENT FINANCE TRUST 1.1%

Value $3.185M Shares 1,576,518 Share Price $2.02 Est. Cost/Share $2.85 Unrealized @ Report Date —

FNWD FINWARD BANCORP 1.0%

Value $2.888M Shares 99,227 Share Price $29.10 * Est. Cost/Share $41.86 Unrealized @ Report Date -22.0%

MGYR MAGYAR BANCORP 1.0%

Value $2.847M Shares 268,557 Share Price $10.60 * Est. Cost/Share $10.77 Unrealized @ Report Date +14.4%

AGNC AGNC INVT 0.7%

Value $2.017M Shares 200,100 Share Price $10.08 Est. Cost/Share $10.35 Unrealized @ Report Date —

NLY ANNALY CAPITAL MANAGEMENT 0.7%

Value $1.911M Shares 100,000 Share Price $19.11 Est. Cost/Share $21.08 Unrealized @ Report Date —

— CODORUS VY BANCORP 0.6%

Value $1.63M Shares 78,552 Share Price $20.75 Est. Cost/Share $22540.00 Unrealized @ Report Date —

CFBK CF BANKSHARES 0.3%

Value $727K Shares 37,291 Share Price $19.50 Est. Cost/Share $19.78 Unrealized @ Report Date 0.0%

KEY KEYCORP 0.2%

Value $676K Shares 54,000 Share Price $12.52 * Est. Cost/Share $10.85 Unrealized @ Report Date +32.3%

— SCHWAB CHARLES CORP 0.2%

Value $605K Shares 5,000 Share Price $121.00 Est. Cost/Share — Unrealized @ Report Date —

ZION ZIONS BANCORPORATION N A 0.2%

Value $599K Shares 20,000 Share Price $29.93 * Est. Cost/Share $54.69 Unrealized @ Report Date -16.3%

VLY VALLEY NATIONAL BANCORP 0.2%

Value $444K Shares 48,000 Share Price $9.24 * Est. Cost/Share $11.77 Unrealized @ Report Date -6.0%

SFST SOUTHERN FIRST BANCSHARES INC 0.1%

Value $399K Shares 13,000 Share Price $30.70 * Est. Cost/Share $43.77 Unrealized @ Report Date -10.2%

— HARBORONE BANCORP INC. 0.1%

Value $366K Shares 30,000 Share Price $12.20 Est. Cost/Share $14.03 Unrealized @ Report Date —

SBFG SB FINL GROUP 0.1%

Value $354K Shares 25,075 Share Price $14.13 * Est. Cost/Share $15.95 Unrealized @ Report Date 0.0%

MSBI MIDLAND STATES BANCORP INC 0.1%

Value $343K Shares 16,000 Share Price $21.42 * Est. Cost/Share $21.87 Unrealized @ Report Date -4.4%

INBK FIRST INTERNET BANCORP 0.1%

Value $300K Shares 18,000 Share Price $16.65 * Est. Cost/Share $25.08 Unrealized @ Report Date -3.8%

WTFC WINTRUST FINL 0.1%

Value $255K Shares 3,500 Share Price $72.95 * Est. Cost/Share $85.51 Unrealized @ Report Date 0.0%

SBNY SIGNATURE BK NEW YORK N Y 0.0%

Value $6,716 Shares 36,700 Share Price $0.18 Est. Cost/Share $0.18 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
BANC	BANC OF CALIFORNIA	3,401,719	$42.62M	15.0%	$12.53 *	$9.88	+50.6%	COM	05990K106
EFSC	ENTERPRISE FINL SVCS	787,829	$35.13M	12.4%	$44.59 *	$22.44	+113.0%	COM	293712105
FRME	FIRST MERCHANTS	763,333	$25.15M	8.9%	$32.95 *	$16.18	+118.0%	COM	320817109
FNB	F N B	1,818,765	$21.1M	7.4%	$11.60 *	$8.08	+49.2%	COM	302520101
—	EVANS BANCORP	533,649	$17.91M	6.3%	$33.57	$36.26	—	COM NEW	29911Q208
HBNC	HORIZON BANCORP	1,603,944	$17.74M	6.2%	$11.06 *	$15.72	-8.6%	COM	440407104
—	OLD POINT FINL	625,246	$14.89M	5.2%	$23.81	$18.49	—	COM	680194107
—	MALVERN BANCORP	753,961	$11.46M	4.0%	$15.19	$11.94	—	COM	561409103
HWBK	HAWTHORN BANCSHARES	355,448	$8.309M	2.9%	$23.38	$20.50	+11.7%	COM	420476103
—	COMMUNITY WEST BANCSHARES	632,075	$7.996M	2.8%	$12.65	$11.41	—	COM	204157101
SYF	SYNCHRONY FINANCIAL	258,600	$7.52M	2.6%	$29.08 *	$23.12	+36.0%	COM	87165B103
—	NEW YORK CMNTY BANCORP	800,000	$7.232M	2.5%	$9.04	$9.71	—	COM	649445103
IBCP	INDEPENDENT BK MICH	359,985	$6.397M	2.3%	$17.77 *	$12.18	+57.9%	COM	453838609
MBIN	MERCHANTS BANCORP IND	214,794	$5.593M	2.0%	$26.04 *	$27.53	-2.4%	COM	58844R108
FITB	FIFTH THIRD BANCORP	200,075	$5.33M	1.9%	$26.64 *	$23.96	+22.8%	COM	316773100
FRST	PRIMIS FINANCIAL	541,259	$5.212M	1.8%	$9.63 *	$11.54	-12.7%	COM	74167B109
CFG	CITIZENS FINL GROUP	161,553	$4.906M	1.7%	$30.37 *	$20.74	+65.7%	COM	174610105
FISI	FINANCIAL INSTNS	228,800	$4.411M	1.6%	$19.28 *	$22.11	-10.0%	COM	317585404
ABCB	AMERIS BANCORP	118,497	$4.335M	1.5%	$36.58 *	$41.41	+4.4%	COM	03076K108
IVR	INVESCO MORTGAGE CAPITAL	385,494	$4.275M	1.5%	$11.09	$11.67	—	COM	46131B704
CMA	COMERICA	89,100	$3.869M	1.4%	$43.42 *	$52.37	+4.8%	COM	200340107
—	LAKELAND BANCORP	205,000	$3.206M	1.1%	$15.64	$16.32	—	COM	511637100
LFT	LUMENT FINANCE TRUST	1,576,518	$3.185M	1.1%	$2.02	$2.85	—	COM	55025L108
FNWD	FINWARD BANCORP	99,227	$2.888M	1.0%	$29.10 *	$41.86	-22.0%	COM	31812F109
MGYR	MAGYAR BANCORP	268,557	$2.847M	1.0%	$10.60 *	$10.77	+14.4%	COM	55977T208
AGNC	AGNC INVT	200,100	$2.017M	0.7%	$10.08	$10.35	—	COM	00123Q104
NLY	ANNALY CAPITAL MANAGEMENT	100,000	$1.911M	0.7%	$19.11	$21.08	—	COM NEW	035710839
—	CODORUS VY BANCORP	78,552	$1.63M	0.6%	$20.75	$22540.00	—	COM	192025104
CFBK	CF BANKSHARES	37,291	$727K	0.3%	$19.50	$19.78	0.0%	COM	12520L109
KEY	KEYCORP	54,000	$676K	0.2%	$12.52 *	$10.85	+32.3%	COM	493267108
—	SCHWAB CHARLES CORP	5,000	$605K	0.2%	$121.00	—	—	Put	808513955
ZION	ZIONS BANCORPORATION N A	20,000	$599K	0.2%	$29.93 *	$54.69	-16.3%	COM	989701107
VLY	VALLEY NATIONAL BANCORP	48,000	$444K	0.2%	$9.24 *	$11.77	-6.0%	COM	919794107
SFST	SOUTHERN FIRST BANCSHARES INC	13,000	$399K	0.1%	$30.70 *	$43.77	-10.2%	COM	842873101
—	HARBORONE BANCORP INC.	30,000	$366K	0.1%	$12.20	$14.03	—	COM NEW	41165Y100
SBFG	SB FINL GROUP	25,075	$354K	0.1%	$14.13 *	$15.95	0.0%	COM	78408D105
MSBI	MIDLAND STATES BANCORP INC	16,000	$343K	0.1%	$21.42 *	$21.87	-4.4%	COM	597742105
INBK	FIRST INTERNET BANCORP	18,000	$300K	0.1%	$16.65 *	$25.08	-3.8%	COM	320557101
WTFC	WINTRUST FINL	3,500	$255K	0.1%	$72.95 *	$85.51	0.0%	COM	97650W108
SBNY	SIGNATURE BK NEW YORK N Y	36,700	$6,716	0.0%	$0.18	$0.18	—	COM	82669G104