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Livermore
Livermore
ZHEN

Fourthstone LLC

SEC CIK
0001767803
Latest filing
Aug 14, 2026

Holdings in Q3 2023

Holdings as of Sep 30, 2023, filed Nov 14, 2023. Long positions only; changes compare share counts with Q2 2023.

Institution overview
Positions
99
+32 vs. Q2 2023
Portfolio value
$440.6M
+$64.5M (+17.1%) vs. Q2 2023
Filed
Nov 14, 2023
SEC
Holdings of Fourthstone LLC in Q3 2023
SecurityClassSharesValue% of portfolioShare changeActionHistory
SHBIShore Bancshares IncCOM3,308,024$34.8M7.9%+1,327,103+67.0%AddedHistory
BCALCalifornia BanCorpCOM1,827,307$25.6M5.8%+80,312+4.6%AddedHistory
CHMGChemung Financial CorpCOM450,097$17.8M4.0%+39,892+9.7%AddedHistory
Community West Bancshares155685100COM1,179,895$16.6M3.8%+7,166+0.6%Added–
COLBColumbia Banking System, Inc.COM811,058$16.5M3.7%+539,611+198.8%AddedHistory
CVBFCVB Financial CorpCOM969,881$16.1M3.6%+639,708+193.7%AddedHistory
BANRBanner CorpCOM NEW324,219$13.7M3.1%+312,119+2,579.5%AddedHistory
MCHBMechanics BancorpCL A1,609,620$12.5M2.8%+1,589,620+7,948.1%AddedHistory
FMBHFirst Mid Bancshares, Inc.COM465,942$12.4M2.8%+438,958+1,626.7%AddedHistory
PEBKPeoples Bancorp of North Carolina IncCOM557,722$12.3M2.8%−4,084−0.7%ReducedHistory
CBANColony Bankcorp IncCOM1,166,574$11.7M2.6%+174,489+17.6%AddedHistory
WBSWebster Financial CorpCOM259,609$10.5M2.4%+175,609+209.1%AddedHistory
ISTRInvestar Holding CorpCOM981,898$10.4M2.4%+7,663+0.8%AddedHistory
FCCOFirst Community CorpCOM594,114$10.3M2.3%−56,360−8.7%ReducedHistory
FNWBFirst Northwest BancorpCOM778,256$9.55M2.2%+498,107+177.8%AddedHistory
FNWDFinward BancorpCOM429,483$9.50M2.2%−370.0%ReducedHistory
CVLYCodorus Valley Bancorp IncCOM496,056$9.25M2.1%+115,402+30.3%AddedHistory
BOKFBok Financial CorpCOM NEW108,317$8.66M2.0%+108,317NewHistory
EFSCEnterprise Financial Services CorpCOM230,848$8.66M2.0%+230,848NewHistory
BRBSBlue Ridge Bankshares, Inc.COM1,896,268$8.57M1.9%+553,500+41.2%AddedHistory
FRAFFranklin Financial Services CorpCOM286,976$8.18M1.9%+84,439+41.7%AddedHistory
FXNCFirst National CorpCOM462,048$8.14M1.8%−162,378−26.0%ReducedHistory
FFWMFirst Foundation Inc.COM1,213,013$7.38M1.7%+1,213,013NewHistory
TSBKTimberland Bancorp IncCOM267,297$7.24M1.6%+93,934+54.2%AddedHistory
RVSBRiverview Bancorp IncCOM1,194,686$6.64M1.5%+614,055+105.8%AddedHistory
MRBKMeridian CorpCOM622,185$6.09M1.4%+177,194+39.8%AddedHistory
WALWestern Alliance BancorporationCOM118,600$5.45M1.2%+103,500+685.4%AddedHistory
FRSTPrimis Financial Corp.COM646,928$5.27M1.2%+613,738+1,849.2%AddedHistory
SNVSynovus Financial CorpCOM NEW185,100$5.15M1.2%+119,000+180.0%AddedHistory
SSBKSouthern States Bancshares, Inc.COM208,040$4.70M1.1%−82,685−28.4%ReducedHistory
VBTXVeritex Holdings, Inc.COM247,728$4.45M1.0%+137,901+125.6%AddedHistory
HFWAHeritage Financial CorpCOM270,184$4.41M1.0%+238,900+763.6%AddedHistory
CALBCalifornia BanCorpCOM218,405$4.39M1.0%+148,131+210.8%AddedHistory
WNEBWestern New England Bancorp, Inc.COM651,741$4.23M1.0%+466,082+251.0%AddedHistory
EVBNEvans Bancorp IncCOM NEW126,085$3.38M0.8%−35,916−22.2%ReducedHistory
CARECarter Bankshares, Inc.COM NEW262,667$3.29M0.7%+262,667NewHistory
AUBAtlantic Union Bankshares CorpCOM111,921$3.22M0.7%+111,921NewHistory
CZFSCitizens Financial Services IncCOM67,191$3.22M0.7%+67,191NewHistory
CFRCullen/Frost Bankers, Inc.COM34,900$3.18M0.7%+34,900NewHistory
EBMTEagle Bancorp Montana, Inc.COM248,369$2.96M0.7%+197,596+389.2%AddedHistory
FBNCFirst BancorpCOM87,094$2.45M0.6%+87,094NewHistory
BMRCBank of Marin BancorpCOM133,968$2.45M0.6%+105,669+373.4%AddedHistory
HTBKHeritage Commerce CorpCOM266,985$2.26M0.5%+147,401+123.3%AddedHistory
EGBNEagle Bancorp IncCOM103,333$2.22M0.5%+69,233+203.0%AddedHistory
HTLFHeartland Financial USA IncCOM73,766$2.17M0.5%+40,766+123.5%AddedHistory
THFFFirst Financial CorpStock60,898$2.06M0.5%+53,398+712.0%AddedHistory
INBKFirst Internet BancorpCOM119,019$1.93M0.4%+119,019NewHistory
HMNFHMN Financial IncCOM97,168$1.86M0.4%+48,521+99.7%AddedHistory
MCBMetropolitan Bank Holding Corp.COM48,995$1.78M0.4%+48,995NewHistory
BSRRSierra BancorpCOM93,054$1.76M0.4%+35,009+60.3%AddedHistory
CZWICitizens Community Bancorp Inc.COM182,318$1.75M0.4%+104,825+135.3%AddedHistory
CIVBCivista Bancshares, Inc.COM NO PAR109,662$1.70M0.4%+56,919+107.9%AddedHistory
HWBKHawthorn Bancshares, Inc.COM102,791$1.67M0.4%+102,791NewHistory
FUNCFirst United CorpCOM93,850$1.52M0.3%+93,850NewHistory
MOFGMidWestOne Financial Group, Inc.COM74,693$1.52M0.3%+22,804+43.9%AddedHistory
CFBKCF Bankshares Inc.COM86,723$1.45M0.3%+86,723NewHistory
FSFGFirst Savings Financial Group, Inc.COM96,687$1.42M0.3%+16,324+20.3%AddedHistory
RNSTRenasant CorpCOM52,922$1.39M0.3%+52,922NewHistory
CMAComerica IncCOM31,759$1.32M0.3%−942,295−96.7%ReducedHistory
ORRFOrrstown Financial Services IncCOM61,345$1.29M0.3%+23,324+61.3%AddedHistory
UNTYUnity Bancorp IncCOM54,832$1.28M0.3%+6,570+13.6%AddedHistory
TFCTruist Financial CorpCOM43,500$1.24M0.3%−323,651−88.2%ReducedHistory
UBFOUnited Security BancsharesCOM165,563$1.23M0.3%+165,563NewHistory
UBSIUnited Bankshares IncCOM43,900$1.21M0.3%+43,900NewHistory
FSBCFive Star BancorpCOM57,990$1.16M0.3%+30,928+114.3%AddedHistory
WABCWestamerica BancorporationCOM25,502$1.10M0.3%+25,502NewHistory
BWBBridgewater Bancshares IncCOM115,706$1.10M0.2%+115,706NewHistory
PBProsperity Bancshares IncCOM19,900$1.09M0.2%+19,900NewHistory
CBNKCapital Bancorp IncCOM56,280$1.08M0.2%+33,872+151.2%AddedHistory
OVLYOak Valley BancorpCOM42,597$1.07M0.2%+24,332+133.2%AddedHistory
WFCWells Fargo & CompanyStock26,100$1.07M0.2%+26,100NewHistory
MCBCMacatawa Bank CorpCOM118,394$1.06M0.2%+118,394NewHistory
TBNKTerritorial Bancorp Inc.COM113,219$1.03M0.2%+113,219NewHistory
SSBSouthState Bank CorpCOM15,100$1.02M0.2%+15,100NewHistory
Flagstar Bank, National Association649445103COM88,000$997.9K0.2%+88,000New–
TCBKTrico BancsharesCOM29,900$957.7K0.2%+29,900NewHistory
BOTJBank of the James Financial Group IncCOM91,012$955.6K0.2%+72,577+393.7%AddedHistory
AUBNAuburn National Bancorporation, IncCOM41,609$894.6K0.2%+21,780+109.8%AddedHistory
ASRVAmeriserv Financial IncCOM297,397$788.1K0.2%+297,397NewHistory
FRMEFirst Merchants CorpCOM23,088$642.3K0.1%+588+2.6%AddedHistory
ONBOld National BancorpStock38,000$552.5K0.1%00.0%UnchangedHistory
CFBCrossfirst Bankshares, Inc.COM52,568$530.4K0.1%+52,568NewHistory
PLBCPlumas BancorpCOM15,426$526.6K0.1%+15,426NewHistory
OCFCOceanfirst Financial CorpCOM35,100$507.9K0.1%+1,230+3.6%AddedHistory
HTBHomeTrust Bancshares, Inc.COM23,322$505.4K0.1%+23,322NewHistory
SMMFSummit Financial Group, Inc.COM22,308$502.8K0.1%+1,798+8.8%AddedHistory
CSTRCapStar Financial Holdings, Inc.COM33,646$477.4K0.1%+33,646NewHistory
BCMLBayCom CorpCOM24,459$469.9K0.1%+24,459NewHistory
BWFGBankwell Financial Group, Inc.COM19,324$469.0K0.1%+19,324NewHistory
ESSAESSA Bancorp, Inc.COM31,114$467.0K0.1%+31,114NewHistory
CBFVCB Financial Services, Inc.COM19,231$411.5K0.1%+19,231NewHistory
BFINBankFinancial CORPCOM43,323$373.4K0.1%+31,423+264.1%AddedHistory
OPBKOP BancorpCOM39,550$361.9K0.1%+39,550NewHistory
OPOFOld Point Financial CorpCOM18,582$339.5K0.1%+18,582NewHistory
AFBIAffinity Bancshares, Inc.COM15,175$224.4K0.1%+15,175NewHistory
SASRSandy Spring Bancorp IncCOM9,490$203.4K<0.1%+9,490NewHistory
RBBRBB BancorpCOM15,047$192.3K<0.1%00.0%UnchangedHistory
IROQIF Bancorp, Inc.COM12,500$186.1K<0.1%+12,500NewHistory
BVFLBV Financial, Inc.COM NEW10,000$100.8K<0.1%+10,000NewHistory

Sold out since Q2 2023 (8)

Positions held at the end of Q2 2023 that are gone from this filing.

Positions of Fourthstone LLC sold out since Q2 2023
SecurityClassShares in Q2 2023Value in Q2 2023% of portfolio in Q2 2023History
USBUS Bancorp DECOM NEW1,264,196$41.8M11.1%History
TCFCCommunity Financial CorpCOM565,552$15.3M4.1%History
CFGCitizens Financial Group IncCOM486,334$12.7M3.4%History
FITBFifth Third BancorpCOM388,983$10.2M2.7%History
MTBM&T Bank CorpCOM76,627$9.48M2.5%History
PNFPPinnacle Financial Partners, Inc.COM35,600$2.02M0.5%History
KEYKeycorpCOM108,040$998.3K0.3%History
ATLOAmes National CorpCOM13,257$239.0K0.1%History