M3F, Inc. Diversified Active

Location: Salt Lake City, UT

CIK: 0001511291 · Show all filings

Period: Q4 2023 (← Previous) (Next →)

Filing Date: Feb 13, 2024

Total Value: $315M (100.0% shares, 0.0% debt)

Holdings (37)

WLFC Willis Lease Finance Corp 9.7%

Value $30.63M Shares 626,726 Share Price $48.88 Est. Cost/Share $38.75 Unrealized @ Report Date +26.1%

— NATIONAL WESTN LIFE INS CO CL A 9.3%

Value $29.36M Shares 60,782 Share Price $483.02 Est. Cost/Share $315.90 Unrealized @ Report Date —

PDLB PONCE FINANCIAL GROUP INC 6.5%

Value $20.6M Shares 2,110,719 Share Price $9.76 Est. Cost/Share $9.96 Unrealized @ Report Date -2.0%

PBFS PIONEER BANCORP INC/NY 5.8%

Value $18.11M Shares 1,809,350 Share Price $10.01 Est. Cost/Share $10.73 Unrealized @ Report Date -6.7%

WFC WELLS FARGO & CO NEW COM 5.2%

Value $16.49M Shares 335,000 Share Price $49.22 * Est. Cost/Share $31.54 Unrealized @ Report Date +48.8%

SNFCA SECURITY NATL FINL CORP CL A NEW 5.1%

Value $16.2M Shares 1,800,311 Share Price $9.00 * Est. Cost/Share $4.97 Unrealized @ Report Date +64.3%

— PROVIDENT BANCORP INC 4.9%

Value $15.43M Shares 1,532,539 Share Price $10.07 Est. Cost/Share $9.81 Unrealized @ Report Date —

SWKH SWK HLDGS CORP COM 4.3%

Value $13.51M Shares 770,770 Share Price $17.53 * Est. Cost/Share $13.88 Unrealized @ Report Date -6.0%

EBC EASTERN BANKSHARES INC 4.2%

Value $13.17M Shares 927,503 Share Price $14.20 * Est. Cost/Share $13.21 Unrealized @ Report Date +1.2%

— BankFinancial Corp 3.8%

Value $11.85M Shares 1,155,303 Share Price $10.26 Est. Cost/Share $9.41 Unrealized @ Report Date —

PKBK PARKE BANCORP INC 3.5%

Value $11.09M Shares 547,624 Share Price $20.25 * Est. Cost/Share $19.79 Unrealized @ Report Date -5.8%

FBIZ FIRST BUS FINL SVCS INC WIS COM 2.8%

Value $8.796M Shares 219,341 Share Price $40.10 * Est. Cost/Share $20.83 Unrealized @ Report Date +82.2%

SPFI SOUTH PLAINS FINANCIAL INC 2.7%

Value $8.55M Shares 295,225 Share Price $28.96 Est. Cost/Share $21.42 Unrealized @ Report Date +35.2%

RBKB RHINEBECK BANCORP INC 2.7%

Value $8.48M Shares 1,053,369 Share Price $8.05 Est. Cost/Share $8.49 Unrealized @ Report Date -5.2%

PROV PROVIDENT FINL HLDGS INC COM 2.6%

Value $8.126M Shares 644,426 Share Price $12.61 Est. Cost/Share $16.95 Unrealized @ Report Date -25.6%

— HMN Financial Inc 2.4%

Value $7.615M Shares 331,107 Share Price $23.00 Est. Cost/Share $18.08 Unrealized @ Report Date —

NECB NORTHEAST COMMUNITY BANCORP 2.4%

Value $7.492M Shares 422,343 Share Price $17.74 * Est. Cost/Share $9.37 Unrealized @ Report Date +74.8%

— SHF HOLDINGS INC 2.3%

Value $7.1M Shares 5,000,000 Share Price $1.42 Est. Cost/Share $0.61 Unrealized @ Report Date —

TSBK TIMBERLAND BANCORP INC 2.2%

Value $6.876M Shares 218,569 Share Price $31.46 * Est. Cost/Share $24.39 Unrealized @ Report Date +19.6%

NODK NI HOLDINGS INC 2.2%

Value $6.774M Shares 521,444 Share Price $12.99 Est. Cost/Share $16.24 Unrealized @ Report Date -20.0%

MGYR MAGYAR BANCORP INC COM 2.0%

Value $6.405M Shares 570,563 Share Price $11.23 Est. Cost/Share $10.78 Unrealized @ Report Date +4.1%

CMA Comerica Inc 1.8%

Value $5.581M Shares 100,000 Share Price $55.81 * Est. Cost/Share $54.87 Unrealized @ Report Date -7.5%

MTB M&T Bank Corp 1.5%

Value $4.798M Shares 35,000 Share Price $137.09 * Est. Cost/Share $113.30 Unrealized @ Report Date +13.7%

BSBK BOGOTA FINANCIAL CORP 1.3%

Value $4.037M Shares 501,510 Share Price $8.05 Est. Cost/Share $9.57 Unrealized @ Report Date -15.8%

OVLY OAK VALLEY BANCORP 1.3%

Value $3.961M Shares 132,245 Share Price $29.95 Est. Cost/Share $18.54 Unrealized @ Report Date +61.5%

— Community West Bancshares 1.2%

Value $3.932M Shares 226,133 Share Price $17.39 Est. Cost/Share $11.47 Unrealized @ Report Date —

SFBC SOUND FINL BANCORP INC COM 1.2%

Value $3.815M Shares 97,831 Share Price $39.00 * Est. Cost/Share $29.67 Unrealized @ Report Date +26.5%

ISTR INVESTAR HLDG CORP COM 1.1%

Value $3.328M Shares 223,187 Share Price $14.91 Est. Cost/Share $21.16 Unrealized @ Report Date -29.6%

FSEA FIRST SEACOAST BANCORP INC 1.0%

Value $3.165M Shares 411,625 Share Price $7.69 Est. Cost/Share $9.59 Unrealized @ Report Date -19.8%

— Enterprise Bancorp Inc/MA 0.9%

Value $2.828M Shares 87,670 Share Price $32.26 Est. Cost/Share $30.63 Unrealized @ Report Date —

— ICC HOLDINGS INC 0.5%

Value $1.561M Shares 102,037 Share Price $15.30 Est. Cost/Share $15.42 Unrealized @ Report Date —

SRBK SR BANCORP INC 0.5%

Value $1.464M Shares 153,115 Share Price $9.56 Est. Cost/Share $8.78 Unrealized @ Report Date —

— LAKE SHORE BANCORP INC COM 0.4%

Value $1.197M Shares 102,251 Share Price $11.71 Est. Cost/Share $10.74 Unrealized @ Report Date —

PBHC Pathfinder Bancorp Inc 0.3%

Value $1.082M Shares 77,265 Share Price $14.00 * Est. Cost/Share $12.91 Unrealized @ Report Date -2.6%

CPBI CENTRAL PLAINS BANCSHARES IN 0.2%

Value $670K Shares 65,693 Share Price $10.20 Est. Cost/Share $9.66 Unrealized @ Report Date +5.6%

BCOW 1895 BANCORP OF WISCONSIN IN 0.2%

Value $645K Shares 92,306 Share Price $6.99 * Est. Cost/Share $6.82 Unrealized @ Report Date -4.3%

NSTS NSTS BANCORP INC 0.1%

Value $212K Shares 22,263 Share Price $9.52 Est. Cost/Share $8.95 Unrealized @ Report Date +6.3%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
WLFC	Willis Lease Finance Corp	626,726	$30.63M	9.7%	$48.88	$38.75	+26.1%	COMMON	970646105
—	NATIONAL WESTN LIFE INS CO CL A	60,782	$29.36M	9.3%	$483.02	$315.90	—	COMMON	638517102
PDLB	PONCE FINANCIAL GROUP INC	2,110,719	$20.6M	6.5%	$9.76	$9.96	-2.0%	COMMON	732344106
PBFS	PIONEER BANCORP INC/NY	1,809,350	$18.11M	5.8%	$10.01	$10.73	-6.7%	COMMON	723561106
WFC	WELLS FARGO & CO NEW COM	335,000	$16.49M	5.2%	$49.22 *	$31.54	+48.8%	COMMON	949746101
SNFCA	SECURITY NATL FINL CORP CL A NEW	1,800,311	$16.2M	5.1%	$9.00 *	$4.97	+64.3%	COMMON	814785309
—	PROVIDENT BANCORP INC	1,532,539	$15.43M	4.9%	$10.07	$9.81	—	COMMON	74383L105
SWKH	SWK HLDGS CORP COM	770,770	$13.51M	4.3%	$17.53 *	$13.88	-6.0%	COMMON	78501P203
EBC	EASTERN BANKSHARES INC	927,503	$13.17M	4.2%	$14.20 *	$13.21	+1.2%	COMMON	27627N105
—	BankFinancial Corp	1,155,303	$11.85M	3.8%	$10.26	$9.41	—	COMMON	06643P104
PKBK	PARKE BANCORP INC	547,624	$11.09M	3.5%	$20.25 *	$19.79	-5.8%	COMMON	700885106
FBIZ	FIRST BUS FINL SVCS INC WIS COM	219,341	$8.796M	2.8%	$40.10 *	$20.83	+82.2%	COMMON	319390100
SPFI	SOUTH PLAINS FINANCIAL INC	295,225	$8.55M	2.7%	$28.96	$21.42	+35.2%	COMMON	83946P107
RBKB	RHINEBECK BANCORP INC	1,053,369	$8.48M	2.7%	$8.05	$8.49	-5.2%	COMMON	762093102
PROV	PROVIDENT FINL HLDGS INC COM	644,426	$8.126M	2.6%	$12.61	$16.95	-25.6%	COMMON	743868101
—	HMN Financial Inc	331,107	$7.615M	2.4%	$23.00	$18.08	—	COMMON	40424G108
NECB	NORTHEAST COMMUNITY BANCORP	422,343	$7.492M	2.4%	$17.74 *	$9.37	+74.8%	COMMON	664121100
—	SHF HOLDINGS INC	5,000,000	$7.1M	2.3%	$1.42	$0.61	—	COMMON	824430102
TSBK	TIMBERLAND BANCORP INC	218,569	$6.876M	2.2%	$31.46 *	$24.39	+19.6%	COMMON	887098101
NODK	NI HOLDINGS INC	521,444	$6.774M	2.2%	$12.99	$16.24	-20.0%	COMMON	65342T106
MGYR	MAGYAR BANCORP INC COM	570,563	$6.405M	2.0%	$11.23	$10.78	+4.1%	COMMON	55977T208
CMA	Comerica Inc	100,000	$5.581M	1.8%	$55.81 *	$54.87	-7.5%	COMMON	200340107
MTB	M&T Bank Corp	35,000	$4.798M	1.5%	$137.09 *	$113.30	+13.7%	COMMON	55261F104
BSBK	BOGOTA FINANCIAL CORP	501,510	$4.037M	1.3%	$8.05	$9.57	-15.8%	COMMON	097235105
OVLY	OAK VALLEY BANCORP	132,245	$3.961M	1.3%	$29.95	$18.54	+61.5%	COMMON	671807105
—	Community West Bancshares	226,133	$3.932M	1.2%	$17.39	$11.47	—	COMMON	204157101
SFBC	SOUND FINL BANCORP INC COM	97,831	$3.815M	1.2%	$39.00 *	$29.67	+26.5%	COMMON	83607A100
ISTR	INVESTAR HLDG CORP COM	223,187	$3.328M	1.1%	$14.91	$21.16	-29.6%	COMMON	46134L105
FSEA	FIRST SEACOAST BANCORP INC	411,625	$3.165M	1.0%	$7.69	$9.59	-19.8%	COMMON	33631F104
—	Enterprise Bancorp Inc/MA	87,670	$2.828M	0.9%	$32.26	$30.63	—	COMMON	293668109
—	ICC HOLDINGS INC	102,037	$1.561M	0.5%	$15.30	$15.42	—	COMMON	44931Q104
SRBK	SR BANCORP INC	153,115	$1.464M	0.5%	$9.56	$8.78	—	COMMON	85227J106
—	LAKE SHORE BANCORP INC COM	102,251	$1.197M	0.4%	$11.71	$10.74	—	COMMON	510700107
PBHC	Pathfinder Bancorp Inc	77,265	$1.082M	0.3%	$14.00 *	$12.91	-2.6%	COMMON	70319R109
CPBI	CENTRAL PLAINS BANCSHARES IN	65,693	$670K	0.2%	$10.20	$9.66	+5.6%	COMMON	15486W100
BCOW	1895 BANCORP OF WISCONSIN IN	92,306	$645K	0.2%	$6.99 *	$6.82	-4.3%	COMMON	28253R105
NSTS	NSTS BANCORP INC	22,263	$212K	0.1%	$9.52	$8.95	+6.3%	COMMON	6293JP109