M3F, INC.

PrivateCIK: 1511291

Location

SALT LAKE CITY, UT

Positions

$403.5K

Total AUM (reported)

20.06M

Total Shares

Allocation by class

COMMON$403.5K100.0%

Portfolio Concentration

Top 3$181.4K45.0%

4–10$145.0K35.9%

11–25$76.3K18.9%

Rest$694.000.2%

Top 3 weight

45.0%

Top 10 weight

80.9%

Voting Authority Distribution

Total shares with voting rights: 20.06M

Sole

Full voting authority

20.06M

% of voting shares100.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

0.00

% of voting shares0.0%

Investment Discretion (by position count)

Sole28

Shared0

Other0

Dominant voting typeSole · 100.0% of voting shares

Institutional Holdings28

Rows:

Willis Lease Finance Corp

SOLE

COMMON

Shares677.25K

TypeSH

Market value$115.3K

28.58%

Sole

677.25K

Shared

0.00

None

0.00

PONCE FINANCIAL GROUP INC

SOLE

COMMON

Shares2M

TypeSH

Market value$33.5K

8.30%

Sole

Shared

0.00

None

0.00

AERCAP HOLDINGS NV SHS

SOLE

COMMON

Shares238K

TypeSH

Market value$32.6K

8.09%

Sole

238K

Shared

0.00

None

0.00

PIONEER BANCORP INC/NY

SOLE

COMMON

Shares2.07M

TypeSH

Market value$28.8K

7.15%

Sole

2.07M

Shared

0.00

None

0.00

AERSALE CORP

SOLE

COMMON

Shares3.98M

TypeSH

Market value$24.8K

6.14%

Sole

3.98M

Shared

0.00

None

0.00

NI HOLDINGS INC

SOLE

COMMON

Shares1.65M

TypeSH

Market value$21.3K

5.28%

Sole

1.65M

Shared

0.00

None

0.00

SECURITY NATL FINL CORP CL A NEW

SOLE

COMMON

Shares2.20M

TypeSH

Market value$20.8K

5.17%

Sole

2.20M

Shared

0.00

None

0.00

SWK HLDGS CORP COM

SOLE

COMMON

Shares995.26K

TypeSH

Market value$16.9K

4.20%

Sole

995.26K

Shared

0.00

None

0.00

BRIGHTHOUSE FINANCIAL INC

SOLE

COMMON

Shares280K

TypeSH

Market value$16.8K

4.16%

Sole

280K

Shared

0.00

None

0.00

RHINEBECK BANCORP INC

SOLE

COMMON

Shares1.01M

TypeSH

Market value$15.6K

3.86%

Sole

1.01M

Shared

0.00

None

0.00

NORTHFIELD BANCORP INC DEL COM

SOLE

COMMON

Shares776.63K

TypeSH

Market value$10.5K

2.61%

Sole

776.63K

Shared

0.00

None

0.00

ALERUS FINANCIAL CORP

SOLE

COMMON

Shares417.11K

TypeSH

Market value$9.9K

2.45%

Sole

417.11K

Shared

0.00

None

0.00

PARKE BANCORP INC

SOLE

COMMON

Shares332.88K

TypeSH

Market value$9.5K

2.34%

Sole

332.88K

Shared

0.00

None

0.00

Green Dot Corp

SOLE

COMMON

Shares748.81K

TypeSH

Market value$8.4K

2.08%

Sole

748.81K

Shared

0.00

None

0.00

CB FINL SVCS INC COM

SOLE

COMMON

Shares171.44K

TypeSH

Market value$5.9K

1.45%

Sole

171.44K

Shared

0.00

None

0.00

Washington Trust Bancorp Inc

SOLE

COMMON

Shares166.49K

TypeSH

Market value$5.6K

1.38%

Sole

166.49K

Shared

0.00

None

0.00

MAGYAR BANCORP INC COM

SOLE

COMMON

Shares283.89K

TypeSH

Market value$4.9K

1.22%

Sole

283.89K

Shared

0.00

None

0.00

SUMMIT STATE BANK

SOLE

COMMON

Shares354.23K

TypeSH

Market value$4.7K

1.17%

Sole

354.23K

Shared

0.00

None

0.00

PROVIDENT FINL HLDGS INC COM

SOLE

COMMON

Shares284.59K

TypeSH

Market value$4.6K

1.14%

Sole

284.59K

Shared

0.00

None

0.00

BOGOTA FINANCIAL CORP

SOLE

COMMON

Shares493.73K

TypeSH

Market value$4.2K

1.04%

Sole

493.73K

Shared

0.00

None

0.00

BROADWAY FINANCIAL CORP/DE

SOLE

COMMON

Shares474.69K

TypeSH

Market value$3.4K

0.85%

Sole

474.69K

Shared

0.00

None

0.00

Air Lease Corp

SOLE

COMMON

Shares39.05K

TypeSH

Market value$2.5K

0.63%

Sole

39.05K

Shared

0.00

None

0.00

FIRST BUS FINL SVCS INC WIS COM

SOLE

COMMON

Shares29.68K

TypeSH

Market value$1.6K

0.40%

Sole

29.68K

Shared

0.00

None

0.00

WINCHESTER BANCORP INC

SOLE

COMMON

Shares24.59K

TypeSH

Market value$312.00

0.08%

Sole

24.59K

Shared

0.00

None

0.00

NSTS BANCORP INC

SOLE

COMMON

Shares26.66K

TypeSH

Market value$311.00

0.08%

Sole

26.66K

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole
Willis Lease Finance CorpSOLE	COMMON	677.25K	SH	$115.3K 28.58%	677.25K
PONCE FINANCIAL GROUP INCSOLE	COMMON	2M	SH	$33.5K 8.30%	2M
AERCAP HOLDINGS NV SHSSOLE	COMMON	238K	SH	$32.6K 8.09%	238K
PIONEER BANCORP INC/NYSOLE	COMMON	2.07M	SH	$28.8K 7.15%	2.07M
AERSALE CORPSOLE	COMMON	3.98M	SH	$24.8K 6.14%	3.98M
NI HOLDINGS INCSOLE	COMMON	1.65M	SH	$21.3K 5.28%	1.65M
SECURITY NATL FINL CORP CL A NEWSOLE	COMMON	2.20M	SH	$20.8K 5.17%	2.20M
SWK HLDGS CORP COMSOLE	COMMON	995.26K	SH	$16.9K 4.20%	995.26K
BRIGHTHOUSE FINANCIAL INCSOLE	COMMON	280K	SH	$16.8K 4.16%	280K
RHINEBECK BANCORP INCSOLE	COMMON	1.01M	SH	$15.6K 3.86%	1.01M
NORTHFIELD BANCORP INC DEL COMSOLE	COMMON	776.63K	SH	$10.5K 2.61%	776.63K
ALERUS FINANCIAL CORPSOLE	COMMON	417.11K	SH	$9.9K 2.45%	417.11K
PARKE BANCORP INCSOLE	COMMON	332.88K	SH	$9.5K 2.34%	332.88K
Green Dot CorpSOLE	COMMON	748.81K	SH	$8.4K 2.08%	748.81K
CB FINL SVCS INC COMSOLE	COMMON	171.44K	SH	$5.9K 1.45%	171.44K
Washington Trust Bancorp IncSOLE	COMMON	166.49K	SH	$5.6K 1.38%	166.49K
MAGYAR BANCORP INC COMSOLE	COMMON	283.89K	SH	$4.9K 1.22%	283.89K
SUMMIT STATE BANKSOLE	COMMON	354.23K	SH	$4.7K 1.17%	354.23K
PROVIDENT FINL HLDGS INC COMSOLE	COMMON	284.59K	SH	$4.6K 1.14%	284.59K
BOGOTA FINANCIAL CORPSOLE	COMMON	493.73K	SH	$4.2K 1.04%	493.73K
BROADWAY FINANCIAL CORP/DESOLE	COMMON	474.69K	SH	$3.4K 0.85%	474.69K
Air Lease CorpSOLE	COMMON	39.05K	SH	$2.5K 0.63%	39.05K
FIRST BUS FINL SVCS INC WIS COMSOLE	COMMON	29.68K	SH	$1.6K 0.40%	29.68K
WINCHESTER BANCORP INCSOLE	COMMON	24.59K	SH	$312.00 0.08%	24.59K
NSTS BANCORP INCSOLE	COMMON	26.66K	SH	$311.00 0.08%	26.66K

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