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Livermore
Livermore
ZHEN

Fourthstone LLC

SEC CIK
0001767803
Latest filing
Aug 14, 2026

Holdings in Q1 2023

Holdings as of Mar 31, 2023, filed May 15, 2023. Long positions only; changes compare share counts with Q4 2022.

Institution overview
Positions
34
−14 vs. Q4 2022
Portfolio value
$284.0M
−$96.6M (−25.4%) vs. Q4 2022
Filed
May 15, 2023
SEC
Holdings of Fourthstone LLC in Q1 2023
SecurityClassSharesValue% of portfolioShare changeActionHistory
Community West Bancshares155685100COM1,098,212$22.6M8.0%+532,374+94.1%Added–
SHBIShore Bancshares IncCOM1,522,458$21.7M7.7%−225,569−12.9%ReducedHistory
TCFCCommunity Financial CorpCOM563,501$18.7M6.6%+1,914+0.3%AddedHistory
PEBKPeoples Bancorp of North Carolina IncCOM519,888$16.5M5.8%+100,808+24.1%AddedHistory
ISTRInvestar Holding CorpCOM989,441$13.8M4.9%+5,553+0.6%AddedHistory
CHMGChemung Financial CorpCOM326,953$13.6M4.8%+117,001+55.7%AddedHistory
FCCOFirst Community CorpCOM648,431$13.0M4.6%+108,645+20.1%AddedHistory
FNWDFinward BancorpCOM429,546$12.5M4.4%+50,088+13.2%AddedHistory
FRAFFranklin Financial Services CorpCOM406,465$12.0M4.2%+93,356+29.8%AddedHistory
TSBKTimberland Bancorp IncCOM405,060$10.9M3.9%−42,746−9.5%ReducedHistory
ATLOAmes National CorpCOM524,967$10.9M3.8%−194,195−27.0%ReducedHistory
BRBSBlue Ridge Bankshares, Inc.COM1,064,442$10.9M3.8%+31,884+3.1%AddedHistory
FXNCFirst National CorpCOM611,963$9.68M3.4%−12,278−2.0%ReducedHistory
CVLYCodorus Valley Bancorp IncCOM446,401$9.26M3.3%−247,128−35.6%ReducedHistory
EVBNEvans Bancorp IncCOM NEW273,222$9.17M3.2%−151,285−35.6%ReducedHistory
CBANColony Bankcorp IncCOM898,443$9.16M3.2%−70,895−7.3%ReducedHistory
SSBKSouthern States Bancshares, Inc.COM394,518$8.90M3.1%−205,332−34.2%ReducedHistory
OVLYOak Valley BancorpCOM329,031$7.78M2.7%+131,248+66.4%AddedHistory
UNTYUnity Bancorp IncCOM335,091$7.64M2.7%−140,473−29.5%ReducedHistory
VABKVirginia National Bankshares CorpCOM158,333$5.69M2.0%−10,796−6.4%ReducedHistory
MRBKMeridian CorpCOM424,537$5.35M1.9%+107,513+33.9%AddedConverted for a 2-for-1 splitHistory
COFSChoiceone Financial Services IncCOM164,146$4.14M1.5%−27,313−14.3%ReducedHistory
NWFLNorwood Financial CorpCOM119,805$3.52M1.2%−97,958−45.0%ReducedHistory
FITBFifth Third BancorpCOM120,887$3.22M1.1%+120,887NewHistory
KEYKeycorpCOM254,440$3.19M1.1%+204,340+407.9%AddedHistory
USBUS Bancorp DECOM NEW87,396$3.15M1.1%+87,396NewHistory
CFGCitizens Financial Group IncCOM103,111$3.13M1.1%+83,011+413.0%AddedHistory
TFCTruist Financial CorpCOM91,051$3.10M1.1%+70,951+353.0%AddedHistory
MTBM&T Bank CorpCOM25,752$3.08M1.1%+17,652+217.9%AddedHistory
CMAComerica IncCOM70,297$3.05M1.1%+55,197+365.5%AddedHistory
RVSBRiverview Bancorp IncCOM283,414$1.51M0.5%+219,534+343.7%AddedHistory
CALBCalifornia BanCorpCOM70,712$1.38M0.5%−183,670−72.2%ReducedHistory
FSFGFirst Savings Financial Group, Inc.COM83,377$1.34M0.5%−83,217−50.0%ReducedHistory
FNWBFirst Northwest BancorpCOM36,556$420.4K0.1%−120,396−76.7%ReducedHistory

Sold out since Q4 2022 (16)

Positions held at the end of Q4 2022 that are gone from this filing.

Positions of Fourthstone LLC sold out since Q4 2022
SecurityClassShares in Q4 2022Value in Q4 2022% of portfolio in Q4 2022History
FVCBFVCBankcorp, Inc.COM917,574$17.5M4.6%History
FSBWFS Bancorp, Inc.COM315,430$10.5M2.8%History
NRIMNorthrim Bancorp IncCOM157,284$8.58M2.3%History
CZFSCitizens Financial Services IncCOM55,424$4.25M1.1%History
MNSBMainStreet Bancshares, Inc.COM153,174$4.21M1.1%History
WNEBWestern New England Bancorp, Inc.COM347,477$3.29M0.9%History
MBCNMiddlefield Banc CorpCOM NEW107,399$2.94M0.8%History
HMNFHMN Financial IncCOM64,804$1.38M0.4%History
BPRNPrinceton Bancorp, Inc.COM32,731$1.04M0.3%History
ZIONZions Bancorporation, National AssociationCOM20,208$993.4K0.3%History
WFCWells Fargo & CompanyStock20,110$830.3K0.2%History
FRSTPrimis Financial Corp.COM68,422$810.2K0.2%History
FNCBFNCB Bancorp, Inc.COM96,655$793.5K0.2%History
EBMTEagle Bancorp Montana, Inc.COM40,462$653.9K0.2%History
PDLBPonce Financial Group, Inc.COMMON STOCK23,330$217.4K0.1%History
BSRRSierra BancorpCOM10,000$213.0K0.1%History