M3F, Inc. Diversified Active

CIK: 0001511291 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 13, 2026

Total Value ($000): $364 (100.0% shares, 0.0% debt)

Holdings (25)

New Positions (1)

WASH Washington Trust Bancorp Inc 1.4%

Value ($000) $5 Shares 166,485 Est. Cost $27.90 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
WASH	Washington Trust Bancorp Inc	166,485	$5	1.4%	$27.90	0.0%	COMMON	940610108

Increased Positions (10)

WLFC Willis Lease Finance Corp 25.2%

Value ($000) $92 (+10.6%) Shares 677,248 (+11.8%) Est. Cost $66.15 Unrealized +95.6%

SWKH SWK HLDGS CORP COM 4.0%

Value ($000) $15 (+37.6%) Shares 853,454 (+16.4%) Est. Cost $14.25 Unrealized +15.9%

ALRS ALERUS FINANCIAL CORP 2.5%

Value ($000) $9 (+59.4%) Shares 411,163 (+56.7%) Est. Cost $21.13 Unrealized +2.3%

PBFS PIONEER BANCORP INC/NY 7.5%

Value ($000) $27 (+11.4%) Shares 2,033,854 (+7.9%) Est. Cost $10.81 Unrealized +24.3%

RBKB RHINEBECK BANCORP INC 3.4%

Value ($000) $12 (+7.7%) Shares 1,015,420 (+1.8%) Est. Cost $8.53 Unrealized +28.6%

ASLE AERSALE CORP 6.5%

Value ($000) $24 (+3.2%) Shares 3,319,145 (+18.9%) Est. Cost $6.52 Unrealized +7.6%

WSBK WINCHESTER BANCORP INC 0.4%

Value ($000) $2 (+91.0%) Shares 143,986 (+74.4%) Est. Cost $9.47 Unrealized +2.9%

NODK NI HOLDINGS INC 5.6%

Value ($000) $20 (+2.5%) Shares 1,531,082 (+4.5%) Est. Cost $15.46 Unrealized -12.7%

SHFS SHF HOLDINGS INC 0.1%

Value ($000) $0 (-59.4%) Shares 308,000 (+175.1%) Est. Cost $2.54 Unrealized -2.0%

BYFC BROADWAY FINANCIAL CORP/DE 0.9%

Value ($000) $3 (+15.7%) Shares 458,568 (+11.9%) Est. Cost $6.48 Unrealized +0.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
WLFC	Willis Lease Finance Corp	677,248 (+11.8%)	$92 (+10.6%)	25.2%	$66.15	+95.6%	COMMON	970646105
SWKH	SWK HLDGS CORP COM	853,454 (+16.4%)	$15 (+37.6%)	4.0%	$14.25	+15.9%	COMMON	78501P203
ALRS	ALERUS FINANCIAL CORP	411,163 (+56.7%)	$9 (+59.4%)	2.5%	$21.13	+2.3%	COMMON	01446U103
PBFS	PIONEER BANCORP INC/NY	2,033,854 (+7.9%)	$27 (+11.4%)	7.5%	$10.81	+24.3%	COMMON	723561106
RBKB	RHINEBECK BANCORP INC	1,015,420 (+1.8%)	$12 (+7.7%)	3.4%	$8.53	+28.6%	COMMON	762093102
ASLE	AERSALE CORP	3,319,145 (+18.9%)	$24 (+3.2%)	6.5%	$6.52	+7.6%	COMMON	00810F106
WSBK	WINCHESTER BANCORP INC	143,986 (+74.4%)	$2 (+91.0%)	0.4%	$9.47	+2.9%	COMMON	97269D103
NODK	NI HOLDINGS INC	1,531,082 (+4.5%)	$20 (+2.5%)	5.6%	$15.46	-12.7%	COMMON	65342T106
SHFS	SHF HOLDINGS INC	308,000 (+175.1%)	$0 (-59.4%)	0.1%	$2.54	-2.0%	COMMON	824430300
BYFC	BROADWAY FINANCIAL CORP/DE	458,568 (+11.9%)	$3 (+15.7%)	0.9%	$6.48	+0.3%	COMMON	111444709

Exited Positions (4)

BBT BEACON FINANCIAL CORP 0.9%

Value ($000) $3 Shares 133,121 Est. Cost $24.98 Unrealized -0.2%

FBLA FB BANCORP INC 0.8%

Value ($000) $3 Shares 254,832 Est. Cost $11.06 Unrealized +12.2%

LSBK LAKE SHORE BANCORP INC/MD 0.3%

Value ($000) $1 Shares 74,801 Est. Cost $12.57 Unrealized +11.5%

CPBI CENTRAL PLAINS BANCSHARES IN 0.2%

Value ($000) $1 Shares 42,258 Est. Cost $10.31 Unrealized +57.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BBT	BEACON FINANCIAL CORP	133,121	$3	0.9%	$24.98	-0.2%	—	084680107
FBLA	FB BANCORP INC	254,832	$3	0.8%	$11.06	+12.2%	—	31425A109
LSBK	LAKE SHORE BANCORP INC/MD	74,801	$1	0.3%	$12.57	+11.5%	—	510704109
CPBI	CENTRAL PLAINS BANCSHARES IN	42,258	$1	0.2%	$10.31	+57.6%	—	15486W100

Decreased Positions (9)

— BankFinancial Corp 1.6%

Value ($000) $6 (-50.9%) Shares 491,747 (-50.8%) Est. Cost $8.78 Unrealized —

PDLB PONCE FINANCIAL GROUP INC 8.3%

Value ($000) $30 (-8.5%) Shares 1,855,981 (-17.7%) Est. Cost $9.96 Unrealized +54.6%

AVBC AVIDIA BANCORP INC 1.0%

Value ($000) $4 (-23.9%) Shares 222,361 (-32.4%) Est. Cost $15.09 Unrealized +3.6%

PROV PROVIDENT FINL HLDGS INC COM 1.3%

Value ($000) $5 (-17.3%) Shares 299,594 (-18.2%) Est. Cost $16.95 Unrealized -7.9%

AL Air Lease Corp 7.9%

Value ($000) $29 (-3.3%) Shares 448,401 (-4.2%) Est. Cost $47.22 Unrealized +34.9%

MGYR MAGYAR BANCORP INC COM 1.3%

Value ($000) $5 (-15.2%) Shares 280,350 (-15.2%) Est. Cost $10.78 Unrealized +57.7%

PKBK PARKE BANCORP INC 2.3%

Value ($000) $9 (+2.9%) Shares 340,101 (-11.5%) Est. Cost $19.79 Unrealized +13.0%

FBIZ FIRST BUS FINL SVCS INC WIS COM 0.9%

Value ($000) $3 (-6.1%) Shares 58,937 (-11.3%) Est. Cost $21.63 Unrealized +139.7%

NSTS NSTS BANCORP INC 0.1%

Value ($000) $0 (-21.6%) Shares 26,664 (-30.0%) Est. Cost $11.12 Unrealized +2.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	BankFinancial Corp	491,747 (-50.8%)	$6 (-50.9%)	1.6%	$8.78	—	COMMON	06643P104
PDLB	PONCE FINANCIAL GROUP INC	1,855,981 (-17.7%)	$30 (-8.5%)	8.3%	$9.96	+54.6%	COMMON	732344106
AVBC	AVIDIA BANCORP INC	222,361 (-32.4%)	$4 (-23.9%)	1.0%	$15.09	+3.6%	COMMON	05369T100
PROV	PROVIDENT FINL HLDGS INC COM	299,594 (-18.2%)	$5 (-17.3%)	1.3%	$16.95	-7.9%	COMMON	743868101
AL	Air Lease Corp	448,401 (-4.2%)	$29 (-3.3%)	7.9%	$47.22	+34.9%	COMMON	00912X302
MGYR	MAGYAR BANCORP INC COM	280,350 (-15.2%)	$5 (-15.2%)	1.3%	$10.78	+57.7%	COMMON	55977T208
PKBK	PARKE BANCORP INC	340,101 (-11.5%)	$9 (+2.9%)	2.3%	$19.79	+13.0%	COMMON	700885106
FBIZ	FIRST BUS FINL SVCS INC WIS COM	58,937 (-11.3%)	$3 (-6.1%)	0.9%	$21.63	+139.7%	COMMON	319390100
NSTS	NSTS BANCORP INC	26,664 (-30.0%)	$0 (-21.6%)	0.1%	$11.12	+2.4%	COMMON	6293JP109

Unchanged Positions (5)

AER AERCAP HOLDINGS NV SHS 8.2%

Value ($000) $30 Shares 208,500 Est. Cost $101.24 Unrealized +30.8%

SNFCA SECURITY NATL FINL CORP CL A NEW 5.5%

Value ($000) $20 Shares 2,233,648 Est. Cost $5.79 Unrealized +46.2%

BSBK BOGOTA FINANCIAL CORP 1.1%

Value ($000) $4 Shares 493,732 Est. Cost $9.57 Unrealized -10.6%

CBFV CB FINL SVCS INC COM 1.6%

Value ($000) $6 Shares 164,014 Est. Cost $27.83 Unrealized +20.5%

SSBI SUMMIT STATE BANK 1.1%

Value ($000) $4 Shares 354,229 Est. Cost $7.60 Unrealized +49.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AER	AERCAP HOLDINGS NV SHS	208,500	$30	8.2%	$101.24	+30.8%	COMMON	N00985106
SNFCA	SECURITY NATL FINL CORP CL A NEW	2,233,648	$20	5.5%	$5.79	+46.2%	COMMON	814785309
BSBK	BOGOTA FINANCIAL CORP	493,732	$4	1.1%	$9.57	-10.6%	COMMON	097235105
CBFV	CB FINL SVCS INC COM	164,014	$6	1.6%	$27.83	+20.5%	COMMON	12479G101
SSBI	SUMMIT STATE BANK	354,229	$4	1.1%	$7.60	+49.0%	COMMON	866264203