MENDON CAPITAL ADVISORS CORP Hedge Fund

CIK: 0001177043 · Show all filings

Period: Q4 2024 (← Previous) (Next →)

Filing Date: Feb 14, 2025

Total Value ($000): $203,076 (100.0% shares, 0.0% debt)

Holdings (44)

EQBK EQUITY BANCSHARES INC 8.4%

Value ($000) $17,104 Shares 403,208 Est. Cost $34.74 Unrealized +25.5%

VBNK VERSABANK NEW 6.1%

Value ($000) $12,288 Shares 887,253 Est. Cost $13.72 Unrealized —

FRST PRIMIS FINANCIAL CORP 6.0%

Value ($000) $12,263 Shares 1,051,728 Est. Cost $11.13 Unrealized +2.8%

USCB USCB FINANCIAL HOLDINGS INC 5.9%

Value ($000) $11,978 Shares 674,811 Est. Cost $12.30 Unrealized +41.9%

ABX ABACUS LIFE INC 5.0%

Value ($000) $10,209 Shares 1,303,826 Est. Cost $9.39 Unrealized -11.4%

SPY SPDR S&P 500 ETF TR 4.3%

Value ($000) $8,791 Shares 15,000 Est. Cost — Unrealized —

— FIRST BANCSHARES INC MISS 4.3%

Value ($000) $8,750 Shares 250,000 Est. Cost $32.00 Unrealized —

AMTB AMERANT BANCORP INC 4.1%

Value ($000) $8,232 Shares 367,329 Est. Cost $21.38 Unrealized +3.9%

BCAL CALIFORNIA BANCORP 3.6%

Value ($000) $7,339 Shares 443,695 Est. Cost $14.57 Unrealized +9.8%

XLF SELECT SECTOR SPDR TR 3.6%

Value ($000) $7,250 Shares 150,000 Est. Cost — Unrealized —

— VERITEX HLDGS INC 3.5%

Value ($000) $7,048 Shares 264,000 Est. Cost $23.56 Unrealized —

BFST BUSINESS FIRST BANCSHARES IN 3.4%

Value ($000) $6,883 Shares 267,830 Est. Cost $19.97 Unrealized +30.5%

OBK ORIGIN BANCORP INC 3.3%

Value ($000) $6,658 Shares 200,000 Est. Cost $35.31 Unrealized -5.0%

KRE SPDR SER TR 3.0%

Value ($000) $6,035 Shares 100,000 Est. Cost — Unrealized —

CIVB CIVISTA BANCSHARES INC 2.5%

Value ($000) $5,101 Shares 242,450 Est. Cost $15.50 Unrealized +28.2%

MYFW FIRST WESTN FINL INC 2.5%

Value ($000) $5,036 Shares 257,598 Est. Cost $19.81 Unrealized +3.3%

FFIC FLUSHING FINL CORP 2.5%

Value ($000) $4,998 Shares 350,000 Est. Cost $14.81 Unrealized 0.0%

MOFG MIDWESTONE FINL GROUP INC NE 2.2%

Value ($000) $4,493 Shares 154,284 Est. Cost $27.13 Unrealized +12.7%

— SOUTHERN STS BANCSHARES INC 2.0%

Value ($000) $3,997 Shares 120,000 Est. Cost $19.12 Unrealized —

PFS PROVIDENT FINL SVCS INC 1.9%

Value ($000) $3,774 Shares 200,000 Est. Cost $16.24 Unrealized +13.8%

SHBI SHORE BANCSHARES INC 1.8%

Value ($000) $3,658 Shares 231,838 Est. Cost $13.70 Unrealized +13.0%

BY BYLINE BANCORP INC 1.8%

Value ($000) $3,625 Shares 125,000 Est. Cost $18.37 Unrealized +54.7%

— BROOKLINE BANCORP INC DEL 1.7%

Value ($000) $3,540 Shares 300,000 Est. Cost $11.80 Unrealized —

MCHB HOMESTREET INC 1.7%

Value ($000) $3,426 Shares 300,000 Est. Cost $13.25 Unrealized -6.6%

IWM ISHARES TR 1.6%

Value ($000) $3,302 Shares 15,000 Est. Cost — Unrealized —

FISI FINANCIAL INSTNS INC 1.3%

Value ($000) $2,729 Shares 100,000 Est. Cost $24.95 Unrealized 0.0%

CCB COASTAL FINL CORP WA 1.3%

Value ($000) $2,547 Shares 30,000 Est. Cost $33.18 Unrealized +110.3%

COFS CHOICEONE FINL SVCS INC 1.2%

Value ($000) $2,528 Shares 70,928 Est. Cost $27.26 Unrealized +20.2%

FFWM FIRST FNDTN INC 1.1%

Value ($000) $2,321 Shares 373,711 Est. Cost $7.11 Unrealized +1.5%

NIC NICOLET BANKSHARES INC 1.0%

Value ($000) $2,098 Shares 20,000 Est. Cost $71.08 Unrealized +46.9%

LOB LIVE OAK BANCSHARES INC 1.0%

Value ($000) $1,978 Shares 50,000 Est. Cost $45.01 Unrealized 0.0%

MPB MID PENN BANCORP INC 0.9%

Value ($000) $1,903 Shares 65,992 Est. Cost $29.73 Unrealized 0.0%

FSUN FIRSTSUN CAP BANCORP 0.9%

Value ($000) $1,887 Shares 47,115 Est. Cost $39.88 Unrealized -1.7%

OSBC OLD SECOND BANCORP INC ILL 0.9%

Value ($000) $1,778 Shares 100,000 Est. Cost $10.44 Unrealized +63.4%

STEL STELLAR BANCORP INC 0.7%

Value ($000) $1,418 Shares 50,000 Est. Cost $24.01 Unrealized +18.6%

CARE CARTER BANKSHARES INC 0.6%

Value ($000) $1,128 Shares 64,117 Est. Cost $18.38 Unrealized 0.0%

MNSB MAINSTREET BANCSHARES INC 0.5%

Value ($000) $931 Shares 51,443 Est. Cost $19.19 Unrealized -7.3%

OCFC OCEANFIRST FINL CORP 0.4%

Value ($000) $905 Shares 50,000 Est. Cost $17.65 Unrealized +1.8%

AUB ATLANTIC UN BANKSHARES CORP 0.4%

Value ($000) $832 Shares 25,000 Est. Cost $28.69 Unrealized +30.7%

LNKB LINKBANCORP INC 0.4%

Value ($000) $801 Shares 107,028 Est. Cost $6.32 Unrealized +7.4%

MRBK MERIDIAN CORPORATION 0.3%

Value ($000) $666 Shares 48,587 Est. Cost $12.50 Unrealized +9.4%

HBAN HUNTINGTON BANCSHARES INC 0.2%

Value ($000) $407 Shares 25,000 Est. Cost — Unrealized —

SFST SOUTHERN FIRST BANCSHARES 0.2%

Value ($000) $312 Shares 7,842 Est. Cost $25.39 Unrealized +57.6%

FLG FLAGSTAR FINANCIAL INC 0.1%

Value ($000) $131 Shares 14,000 Est. Cost $10.86 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
EQBK	EQUITY BANCSHARES INC	403,208	$17,104	8.4%	$34.74	+25.5%	COM CL A	29460X109
VBNK	VERSABANK NEW	887,253	$12,288	6.1%	$13.72	—	COM	92512J106
FRST	PRIMIS FINANCIAL CORP	1,051,728	$12,263	6.0%	$11.13	+2.8%	COM	74167B109
USCB	USCB FINANCIAL HOLDINGS INC	674,811	$11,978	5.9%	$12.30	+41.9%	CLASS A COM	90355N101
ABX	ABACUS LIFE INC	1,303,826	$10,209	5.0%	$9.39	-11.4%	CL A	00258Y104
SPY	SPDR S&P 500 ETF TR	15,000	$8,791	4.3%	—	—	Put	78462F103
—	FIRST BANCSHARES INC MISS	250,000	$8,750	4.3%	$32.00	—	COM	318916103
AMTB	AMERANT BANCORP INC	367,329	$8,232	4.1%	$21.38	+3.9%	CL A	023576101
BCAL	CALIFORNIA BANCORP	443,695	$7,339	3.6%	$14.57	+9.8%	COM	84252A106
XLF	SELECT SECTOR SPDR TR	150,000	$7,250	3.6%	—	—	Put	81369Y605
—	VERITEX HLDGS INC	264,000	$7,048	3.5%	$23.56	—	COM	923451108
BFST	BUSINESS FIRST BANCSHARES IN	267,830	$6,883	3.4%	$19.97	+30.5%	COM	12326C105
OBK	ORIGIN BANCORP INC	200,000	$6,658	3.3%	$35.31	-5.0%	COM	68621T102
KRE	SPDR SER TR	100,000	$6,035	3.0%	—	—	Put	78464A698
CIVB	CIVISTA BANCSHARES INC	242,450	$5,101	2.5%	$15.50	+28.2%	COM NO PAR	178867107
MYFW	FIRST WESTN FINL INC	257,598	$5,036	2.5%	$19.81	+3.3%	COM	33751L105
FFIC	FLUSHING FINL CORP	350,000	$4,998	2.5%	$14.81	0.0%	COM	343873105
MOFG	MIDWESTONE FINL GROUP INC NE	154,284	$4,493	2.2%	$27.13	+12.7%	COM	598511103
—	SOUTHERN STS BANCSHARES INC	120,000	$3,997	2.0%	$19.12	—	COM	843878307
PFS	PROVIDENT FINL SVCS INC	200,000	$3,774	1.9%	$16.24	+13.8%	COM	74386T105
SHBI	SHORE BANCSHARES INC	231,838	$3,658	1.8%	$13.70	+13.0%	COM	825107105
BY	BYLINE BANCORP INC	125,000	$3,625	1.8%	$18.37	+54.7%	COM	124411109
—	BROOKLINE BANCORP INC DEL	300,000	$3,540	1.7%	$11.80	—	COM	11373M107
MCHB	HOMESTREET INC	300,000	$3,426	1.7%	$13.25	-6.6%	COM	43785V102
IWM	ISHARES TR	15,000	$3,302	1.6%	—	—	Put	464287655
FISI	FINANCIAL INSTNS INC	100,000	$2,729	1.3%	$24.95	0.0%	COM	317585404
CCB	COASTAL FINL CORP WA	30,000	$2,547	1.3%	$33.18	+110.3%	COM NEW	19046P209
COFS	CHOICEONE FINL SVCS INC	70,928	$2,528	1.2%	$27.26	+20.2%	COM	170386106
FFWM	FIRST FNDTN INC	373,711	$2,321	1.1%	$7.11	+1.5%	COM	32026V104
NIC	NICOLET BANKSHARES INC	20,000	$2,098	1.0%	$71.08	+46.9%	COM	65406E102
LOB	LIVE OAK BANCSHARES INC	50,000	$1,978	1.0%	$45.01	0.0%	COM	53803X105
MPB	MID PENN BANCORP INC	65,992	$1,903	0.9%	$29.73	0.0%	COM	59540G107
FSUN	FIRSTSUN CAP BANCORP	47,115	$1,887	0.9%	$39.88	-1.7%	COM	33767U107
OSBC	OLD SECOND BANCORP INC ILL	100,000	$1,778	0.9%	$10.44	+63.4%	COM	680277100
STEL	STELLAR BANCORP INC	50,000	$1,418	0.7%	$24.01	+18.6%	COM	858927106
CARE	CARTER BANKSHARES INC	64,117	$1,128	0.6%	$18.38	0.0%	COM NEW	146103106
MNSB	MAINSTREET BANCSHARES INC	51,443	$931	0.5%	$19.19	-7.3%	COM	56064Y100
OCFC	OCEANFIRST FINL CORP	50,000	$905	0.4%	$17.65	+1.8%	COM	675234108
AUB	ATLANTIC UN BANKSHARES CORP	25,000	$832	0.4%	$28.69	+30.7%	COM	04911A107
LNKB	LINKBANCORP INC	107,028	$801	0.4%	$6.32	+7.4%	COM	53578P105
MRBK	MERIDIAN CORPORATION	48,587	$666	0.3%	$12.50	+9.4%	COM	58958P104
HBAN	HUNTINGTON BANCSHARES INC	25,000	$407	0.2%	—	—	Put	446150104
SFST	SOUTHERN FIRST BANCSHARES	7,842	$312	0.2%	$25.39	+57.6%	COM	842873101
FLG	FLAGSTAR FINANCIAL INC	14,000	$131	0.1%	$10.86	0.0%	COM NEW	649445400