# EDGAR Filing Document

**Accession Number:** 0001029311
**File Stem:** 0001029311-25-000012
**Filing Date:** 2025-9
**Character Count:** 42137
**Document Hash:** 28574f61b09924051d1bb8bd32820f3a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001029311-25-000012.hdr.sgml**: 20250902

**ACCESSION NUMBER**: 0001029311-25-000012

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250902

**EFFECTIVENESS DATE**: 20250902

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BANC FUNDS CO LLC
- **CENTRAL INDEX KEY:** 0001029311

**ORGANIZATION NAME:**
- **EIN:** 364134318
- **STATE OF INCORPORATION:** IL
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-06701
- **FILM NUMBER:** 251284482

**BUSINESS ADDRESS:**
- **STREET 1:** 150 S. WACKER DRIVE
- **STREET 2:** SUITE 2725
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606
- **BUSINESS PHONE:** 3128554067

**MAIL ADDRESS:**
- **STREET 1:** 150 S. WACKER DRIVE
- **STREET 2:** SUITE 2725
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BANC FUND IV L P
- **DATE OF NAME CHANGE:** 19961218

## FORM N-PX
### ANNUAL REPORT OF PROXY VOTING RECORD

## N-PX: Filer Information

**Filer CIK:** 0001029311

**Date of Report:** 06/30/2025

**Are you a Registered Management Investment Company or an Institutional Manager?:** Institutional Manager

**Is this a LIVE or TEST Filing?:** LIVE

**Is this an electronic copy of an official filing submitted in paper format?:** [ ]

### Submission Contact Information
_Not provided in this filing._

### Notification Information
**Notify via Filing Website only?:** [ ]

## N-PX: Cover Page

**Name of reporting person:** BANC FUNDS CO LLC

**Address:** 150 S. WACKER DRIVE, CHICAGO, IL 60606

**Telephone number:** 312-855-4067

**Name of agent for service:** —

**Agent Address:** —, —, — —

**Reporting Period:** Report for the year ended 06/30/2025

**SEC File Number:** 028-06701

**CRD Number (if any):** —

**Other SEC File Number (if any):** —

**LEI (if any):** —

**Report Type (check only one):**

Institutional Manager.

- [x] Institutional Manager Voting Report

- [ ] Institutional Manager Notice Report

- [ ] Institutional Manager Combination Report

Registered Management Investment Company.

- [ ] Fund Voting Report

- [ ] Fund Notice Report

**Do you wish to provide explanatory information pursuant to Special Instruction B.4?:**

- [x] No

- [ ] Yes

**Additional information:** —

## N-PX: Summary - Included Managers

**Number of Included Institutional Managers:** 0

**Included Institutional Managers:** —

## FORM N-PX PROXY VOTING RECORD

| NAME OF ISSUER                 | CUSIP     | MEETING DATE   | VOTE DESCRIPTION                                                                                                                                                                                                                          | VOTE CATEGORY                |   SHARES VOTED |   SHARES ON LOAN |   HOW VOTED |   SHARES VOTED FOR OR AGAINST MANAGEMENT | FOR OR AGAINST MANAGEMENT   | OTHER INFO   |
|:---|:---|:---|:---|:---|---:|---:|---:|---:|:---|:---|
| ACNB Corporation               | 000868109 | 05/06/2025     | To conduct a non-binding vote on executive compensation                                                                                                                                                                                   | COMPENSATION                 |          47767 |                0 |           0 |                                        0 | NONE                        |  |
| Alerus Financial Corporation   | 01446U103 | 05/08/2025     | To approve on a non-binding vote on compensation paid to our named executive officers                                                                                                                                                     | COMPENSATION                 |         451641 |                0 |           0 |                                        0 | NONE                        |  |
| Amerant Bancorp, Inc.          | 023576101 | 05/07/2025     | To approve on a non-binding, advisory basis, the compensation of the company's named executive officers                                                                                                                                   | COMPENSATION                 |         165000 |                0 |           0 |                                        0 | NONE                        |  |
| Banc of California, Inc.       | 05990K106 | 05/07/2025     | Approval, on an advisory and non-binding basis, of the compensation paid to the Company's named executive officers                                                                                                                        | COMPENSATION                 |        1016629 |                0 |           0 |                                        0 | NONE                        |  |
| Banc of California, Inc.       | 05990K106 | 05/07/2025     | Approval, on an advisory and non-binding basis, of the frequency of future Say-on-Pay votes                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |        1016629 |                0 |           0 |                                        0 | NONE                        |  |
| Bank7 Corp.                    | 06652N107 | 05/15/2025     | Advisory vote on named executive officers compensation                                                                                                                                                                                    | COMPENSATION                 |         188536 |                0 |           0 |                                        0 | NONE                        |  |
| Bankwell Financial Group       | 06654A103 | 05/21/2025     | To approve the advisory on a non-binding, advisory basis, the compensation of the company's named executive officers                                                                                                                      | COMPENSATION                 |         159377 |                0 |           0 |                                        0 | NONE                        |  |
| Berkshiire Hills Bancorp, Inc. | 084680107 | 05/21/2025     | A non-binding advisory resolution to approve the compensation of Berkshire's named executive officers                                                                                                                                     | COMPENSATION                 |          86206 |                0 |           0 |                                        0 | NONE                        |  |
| Blue Ridge Bankshares, Inc.    | 36120Q101 | 05/21/2025     | To approve in an advisory basis a non-binding, the company's named executive officers compensation                                                                                                                                        | COMPENSATION                 |        2580722 |                0 |           0 |                                        0 | NONE                        |  |
| Blue Ridge Bankshares, Inc.    | 36120Q101 | 05/21/2025     | To approve in an advisory basis a non-binding vote, whether to hold the vote of the approval of the company's named executive officers compensation every one, two or three years                                                         | COMPENSATION                 |        2580722 |                0 |           0 |                                        0 | NONE                        |  |
| Bridgewater Bancshares, Inc.   | 108621103 | 04/22/2025     | Approve, on a non-binding advisory basis, the compensation the compensation paid to our named executive officers                                                                                                                          | COMPENSATION                 |         119479 |                0 |           0 |                                        0 | NONE                        |  |
| Business First Bancshares      | 12326C105 | 05/22/2025     | Approve, on a non-binding , advisory basis, on compensation of the company's NEOs (say-on-pay proposal)                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |         408145 |                0 |           0 |                                        0 | NONE                        |  |
| Byline Bancorp, Inc.           | 124411109 | 06/03/2025     | To approve on a non-binding, advisory basis, the compensation of the company's named executive officers                                                                                                                                   | COMPENSATION                 |         121612 |                0 |           0 |                                        0 | NONE                        |  |
| Capital Bancorp Inc.           | 84252A106 | 05/15/2025     | Proposal to approve on a non-binding advisory basis, the compensation of the company's named executive officers                                                                                                                           | COMPENSATION                 |          24022 |                0 |           0 |                                        0 | NONE                        |  |
| ChoiceOne Financial Services   | 170386106 | 05/21/2025     | Advisory approval of the company's executive compensation                                                                                                                                                                                 | COMPENSATION                 |         311381 |                0 |           0 |                                        0 | NONE                        |  |
| ChoiceOne Financial Services   | 170386106 | 05/21/2025     | Advisory vote to determine whether future advisory votes to approve the company's executive officers compensation occur every one, two or three years                                                                                     | COMPENSATION                 |         311381 |                0 |           0 |                                        0 | NONE                        |  |
| Citizens Community Bancorp,    | 174903104 | 06/17/2025     | To approve on a non-binding, advisory proposal on executive compensation                                                                                                                                                                  | COMPENSATION                 |         465742 |                0 |           0 |                                        0 | NONE                        |  |
| CNB Financial Corporation      | 126128107 | 04/15/2025     | To vote on a non-binding advisory resolution to approve the compensation of CNB's named executive officers                                                                                                                                | COMPENSATION                 |         401776 |                0 |           0 |                                        0 | NONE                        |  |
| Colony Bankcorp, Inc.          | 19623P101 | 05/22/2025     | To approve on an advisory non-binding basis the compensation of the company's named executive officers                                                                                                                                    | COMPENSATION                 |         707659 |                0 |           0 |                                        0 | NONE                        |  |
| ConnectOne Bancorp, Inc.       | 20786W107 | 05/20/2025     | To vote on an advisory non-binding basis, on the frequency of a shareholder advisory vote on executive compensation                                                                                                                       | COMPENSATION                 |         475086 |                0 |           0 |                                        0 | NONE                        |  |
| Crossfirst Bankshares, Inc.    | 22766M109 | 12/20/2024     | To approve on an advisory, non-binding basis, advisory proposal on executive compensation                                                                                                                                                 | COMPENSATION                 |         668098 |                0 |           0 |                                        0 | NONE                        |  |
| Dime Community Bancshares      | 25432X102 | 05/22/2025     | Approval, by a non-binding advisory vote of the compensation of the company's named executive officers                                                                                                                                    | COMPENSATION                 |          97948 |                0 |           0 |                                        0 | NONE                        |  |
| Eagle Financial Services, Inc. | 26951R104 | 05/20/2025     | To approve, in an advisory, non-binding vote the compensation of the company's named executive officers                                                                                                                                   | COMPENSATION                 |          65000 |                0 |           0 |                                        0 | NONE                        |  |
| Eagle Financial Services, Inc. | 26951R104 | 05/20/2025     | To approve, on a non-binding advisory basis, the frequency with which the company will hold a shareholder vote in the future to approve the compensation of the company's named executive officers                                        | COMPENSATION                 |          65000 |                0 |           0 |                                        0 | NONE                        |  |
| Enterprise Bancorp, Inc.       | 293668109 | 04/03/2025     | To approve, on an non-binding in an advisory basis , the compensation payable to the named executive officers                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |         112158 |                0 |           0 |                                        0 | NONE                        |  |
| Enterprise Bancorp, Inc.       | 293668109 | 05/06/2025     | Non-binding advisory vote to approve the compensation of the company's named executive officers                                                                                                                                           | COMPENSATION                 |         112158 |                0 |           0 |                                        0 | NONE                        |  |
| Financial Institutions, Inc.   | 317585404 | 05/28/2025     | Advisory vote to approve the compensation of our named executive officers                                                                                                                                                                 | COMPENSATION                 |         104000 |                0 |           0 |                                        0 | NONE                        |  |
| First Bank                     | 31931U102 | 04/25/2025     | To approve on an advisory resolution approving the 2024 compensation of our company's named executive officers                                                                                                                            | COMPENSATION                 |        1261987 |                0 |           0 |                                        0 | NONE                        |  |
| First Busey Corporation        | 319383204 | 05/29/2025     | To approve, in a non-binding, advisory vote, the compensation of the company's named executive officers                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |         430929 |                0 |           0 |                                        0 | NONE                        |  |
| First Business Financial       | 319390100 | 04/25/2025     | To approve, in an non-binding in an advisory vote, the compensation of the company's named executive officers                                                                                                                             | COMPENSATION                 |         308984 |                0 |           0 |                                        0 | NONE                        |  |
| First Business Financial       | 319390100 | 04/25/2025     | To approve, on a non-binding shareholder advisory vote the frequency with which the company will vote on the compensation of the company's named executive officers                                                                       | COMPENSATION                 |         308984 |                0 |           0 |                                        0 | NONE                        |  |
| First Community Corporation    | 319835104 | 05/21/2025     | To approve the compensation of our named executive officers                                                                                                                                                                               | COMPENSATION                 |          91645 |                0 |           0 |                                        0 | NONE                        |  |
| First Community Corporation    | 319835104 | 05/21/2025     | To approve a non-binding resolution to determine whether shareholders should have a say-on-pay every one, two, or three years                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |          91645 |                0 |           0 |                                        0 | NONE                        |  |
| First Foundation, Inc.         | 32026V104 | 05/29/2025     | To approve, on a non-binding advisory basis, the compensation of the company's named executive officers for the year ended December 31, 2024                                                                                              | COMPENSATION                 |        1306054 |                0 |           0 |                                        0 | NONE                        |  |
| First Foundation, Inc.         | 32026V104 | 05/29/2025     | To approve, on a non-binding shareholder advisory basis, the frequency of future advisory votes on the compensation of the company's named executive officers                                                                             | COMPENSATION                 |        1306054 |                0 |           0 |                                        0 | NONE                        |  |
| First Internet Bancorp         | 320557101 | 05/19/2025     | To approve, in an advisory non-binding vote, the compensation paid to our named executive officers                                                                                                                                        | COMPENSATION                 |         350296 |                0 |           0 |                                        0 | NONE                        |  |
| First Internet Bancorp         | 320557101 | 05/19/2025     | To approve, in an advisory non-binding vote, whether to conduct future advisory votes to approve executive compensation every one, two, or three years                                                                                    | COMPENSATION                 |         350296 |                0 |           0 |                                        0 | NONE                        |  |
| First National Corporation-VA  | 32106V107 | 05/14/2025     | To consider and approve a non-binding resolution approving the compensation our named executive officers                                                                                                                                  | COMPENSATION                 |          92385 |                0 |           0 |                                        0 | NONE                        |  |
| First National Corporation-VA  | 32106V107 | 05/14/2025     | To consider and approve a non-binding advisory recommendation on the frequency of future votes on the company's executive compensation program                                                                                            | COMPENSATION                 |          92385 |                0 |           0 |                                        0 | NONE                        |  |
| First Western Financial        | 33751L105 | 06/04/2025     | Advisory, non-binding vote to approve the compensation paid to the company's named executive officers                                                                                                                                     | COMPENSATION                 |         636177 |                0 |           0 |                                        0 | NONE                        |  |
| First Western Financial        | 33751L105 | 06/04/2025     | To approve the First Western Financial, Inc. Omnibus Incentive Plan, as amended and restated April 23, 2025                                                                                                                               | COMPENSATION                 |         636177 |                0 |           0 |                                        0 | NONE                        |  |
| FVCBankcorp Inc.               | 36120Q101 | 05/29/2025     | To approve the following non-binding resolution resolved that the shareholders of FVCBankcorp Inc. approve the compensation of the named executive officers                                                                               | COMPENSATION                 |         269121 |                0 |           0 |                                        0 | NONE                        |  |
| HBT Financial, Inc.            | 404111106 | 05/20/2025     | To approve, on a non-binding advisory basis, the compensation of the company's named executive officers, as described in the accompanying proxy statement                                                                                 | COMPENSATION                 |          18403 |                0 |           0 |                                        0 | NONE                        |  |
| HBT Financial, Inc.            | 404111106 | 05/20/2025     | To approve, on a non-binding advisory basis, the frequency with which stockholders will vote on future say-on-play proposals                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |          18403 |                0 |           0 |                                        0 | NONE                        |  |
| Heritage Commerce Corp         | 426927109 | 05/22/2025     | Advisory proposal on 2024 executive compensation                                                                                                                                                                                          | COMPENSATION                 |         169539 |                0 |           0 |                                        0 | NONE                        |  |
| Investar Holding Corporation   | 46134L105 | 05/21/2025     | To approve, on an advisory basis, the compensation of our named executive officers                                                                                                                                                        | COMPENSATION                 |         510906 |                0 |           0 |                                        0 | NONE                        |  |
| Live Oak Bancshares, Inc.      | 53803X105 | 05/20/2025     | Say-on-pay Vote: Non-binding, advisory proposal to approve compensation paid to our named executive officers                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |              0 |            12322 |           0 |                                        0 | NONE                        |  |
| Live Oak Bancshares, Inc.      | 53803X105 | 05/20/2025     | Say-on-pay frequency vote: Non-binding, advisory proposal regarding the frequency of future advisory votes on executive compensation                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |              0 |            12322 |           0 |                                        0 | NONE                        |  |
| MainStreet Bancshares, Inc.    | 56064Y100 | 05/21/2025     | To vote on an advisory, non-binding basis, to approve the compensation of the named executive officers                                                                                                                                    | COMPENSATION                 |         651014 |                0 |           0 |                                        0 | NONE                        |  |
| MainStreet Bancshares, Inc.    | 56064Y100 | 05/21/2025     | To vote on an advisory, non-binding basis, on the frequency of future shareholder advisory voting on the compensation of our named executive officers. Such non-binding shareholder vote will occur every 1, every 2, or every 3 years    | COMPENSATION                 |         651014 |                0 |           0 |                                        0 | NONE                        |  |
| Mercantile Bank Corp.          | 587376104 | 05/22/2025     | An advisory vote to approve the compensation our named executive officers disclosed in our proxy statement                                                                                                                                | COMPENSATION                 |         215452 |                0 |           0 |                                        0 | NONE                        |  |
| Mercantile Bank Corp.          | 587376104 | 05/22/2025     | An advisory vote on the frequency of advisory approval of the compensation of our named executive officers, say-on-frequency                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |         215452 |                0 |           0 |                                        0 | NONE                        |  |
| Merchants Bancorp              | 58844R108 | 05/15/2025     | A non-binding advisory vote on compensation of the company's named executive officers                                                                                                                                                     | COMPENSATION                 |         385915 |                0 |           0 |                                        0 | NONE                        |  |
| Meridan Corporation            | 58958P104 | 05/22/2025     | Executive compensation proposal. A non-binding say-on-pay proposal to approve compensation of the corporation's named executive officers, the NEOs                                                                                        | SECTION 14A SAY-ON-PAY VOTES |         659104 |                0 |           0 |                                        0 | NONE                        |  |
| Metropolitian Bank Holding     | 591774104 | 05/28/2025     | Non-binding advisory vote on named executive officer compensation for 2024                                                                                                                                                                | COMPENSATION                 |         232254 |                0 |           0 |                                        0 | NONE                        |  |
| Mid Penn Bancorp, Inc.         | 59540G107 | 05/13/2025     | An advisory vote to approve the compensation the corporation's named executive officers                                                                                                                                                   | COMPENSATION                 |         422552 |                0 |           0 |                                        0 | NONE                        |  |
| Mid Penn Bancorp, Inc.         | 59540G107 | 05/13/2025     | An advisory vote on the frequency of future advisory votes on executive compensation                                                                                                                                                      | COMPENSATION                 |         422552 |                0 |           0 |                                        0 | NONE                        |  |
| MVB Financial Corp.            | 553810102 | 05/20/2025     | To approve on a non-binding advisory basis, the compensation of our named executive officers                                                                                                                                              | COMPENSATION                 |         109189 |                0 |           0 |                                        0 | NONE                        |  |
| MVB Financial Corp.            | 553810102 | 05/20/2025     | To approve, a non-binding advisory vote on whether an advisory vote on executive compensation should be held every one, two, or three years                                                                                               | COMPENSATION                 |         109189 |                0 |           0 |                                        0 | NONE                        |  |
| Old Second Bancorp, Inc.       | 680277100 | 05/20/2025     | Proposal to approve on a non-binding advisory basis, the compensation of the company's named executive officers the compensation of the company's named executive officers, as described in the company's proxy statement                 | COMPENSATION                 |        1284578 |                0 |           0 |                                        0 | NONE                        |  |
| Peapack-Gladstone Fiancial     | 704699107 | 04/29/2025     | Approval, in a non-binding advisory vote, of the frequency of future stockholder advisory votes on the compensation of the company's named executive officers                                                                             | COMPENSATION                 |         458399 |                0 |           0 |                                        0 | NONE                        |  |
| Primis Financial Corp.         | 74167B109 | 12/19/2024     | Approval of the Primus Financial Corp. omnibus incentive plan                                                                                                                                                                             | COMPENSATION                 |        1713963 |                0 |           0 |                                        0 | NONE                        |  |
| Primis Financial Corp.         | 74167B109 | 06/26/2025     | Advisory vote on executive compensation: to conduct an advisory non-binding vote to approve the compensation of the company's named executive officers                                                                                    | COMPENSATION                 |        1571360 |                0 |           0 |                                        0 | NONE                        |  |
| Princeton Bancorp, Inc.        | 74179A107 | 04/22/2025     | An advisory vote to approve named executive officer compensation                                                                                                                                                                          | COMPENSATION                 |         315428 |                0 |           0 |                                        0 | NONE                        |  |
| Renasant Corporation           | 75970E107 | 04/21/2025     | Adoption, in a non-binding advisory vote, of a resolution approving the compensation of our named executive officers                                                                                                                      | COMPENSATION                 |          46875 |                0 |           0 |                                        0 | NONE                        |  |
| Riverview Bancorp, Inc.        | 769397100 | 08/28/2024     | Advisory non-binding approval of the compensation of our named executive officers                                                                                                                                                         | COMPENSATION                 |         126344 |                0 |           0 |                                        0 | NONE                        |  |
| Shore Bancshares, Inc.         | 825107105 | 05/29/2025     | Adopt a non-binding advisory resolution approving the compensation of the named executive officers                                                                                                                                        | COMPENSATION                 |         403809 |                0 |           0 |                                        0 | NONE                        |  |
| Sierra Bancorp                 | 82620P102 | 05/21/2025     | To approve, on an advisory and non-binding basis, the compensation paid to the company's named executive officers                                                                                                                         | COMPENSATION                 |         153831 |                0 |           0 |                                        0 | NONE                        |  |
| SmartFinancial, Inc.           | 83190L208 | 05/22/2025     | To approve, on a non-binding advisory basis, the compensation of SmartFinancial's named executive officers as listed in the proxy materials                                                                                               | COMPENSATION                 |         306911 |                0 |           0 |                                        0 | NONE                        |  |
| SmartFinancial, Inc.           | 83190L208 | 05/22/2025     | To approve the SmartFinancial, Inc. omnibus incentive plan                                                                                                                                                                                | COMPENSATION                 |         306911 |                0 |           0 |                                        0 | NONE                        |  |
| Southern First Bancshares      | 842873101 | 05/20/2025     | To conduct an advisory vote on compensation of our named executive officers as disclosed in this proxy statement, this is a non-binding, advisory vote                                                                                    | COMPENSATION                 |         299920 |                0 |           0 |                                        0 | NONE                        |  |
| Southern First Bancshares      | 842873101 | 05/20/2025     | To conduct an advisory vote on the frequency of votes on our executive compensation, this is a non-binding, advisory vote                                                                                                                 | COMPENSATION                 |         299920 |                0 |           0 |                                        0 | NONE                        |  |
| Sterling Bancorp, Inc.         | 85917W102 | 12/18/2024     | Proposal to approve on an advisory, non-binding advisory basis, the compensation that will or may be paid to the named executive officers of the company in connection with the transactions contemplated by the stock purchase agreement | COMPENSATION                 |         502061 |                0 |           0 |                                        0 | NONE                        |  |
| Texas Capital Bancshares Inc.  | 88224Q107 | 04/14/2025     | To approve, on an advisory basis, the 2024 compensation of the company's named executive officers as described in the proxy statement                                                                                                     | COMPENSATION                 |         225205 |                0 |           0 |                                        0 | NONE                        |  |
| Texas Capital Bancshares Inc.  | 88224Q107 | 04/14/2025     | To approved the 2022 long-term incentive plan as amended and restated as described in the proxy statement                                                                                                                                 | COMPENSATION                 |         225205 |                0 |           0 |                                        0 | NONE                        |  |
| The Bancorp, Inc.              | 05969A105 | 05/28/2025     | Advisory, non-binding approval of the 2024 compensation of The Bancorp, Inc.'s named executive officers                                                                                                                                   | COMPENSATION                 |          23592 |                0 |           0 |                                        0 | NONE                        |  |
| Triumph Financial, Inc.        | 89679E300 | 04/22/2025     | Management proposal regarding advisory approval of the company's executive compensation                                                                                                                                                   | COMPENSATION                 |         198394 |                0 |           0 |                                        0 | NONE                        |  |
| Triumph Financial, Inc.        | 89679E300 | 04/22/2025     | Management proposal regarding advisory approval of frequency of future say-on-pay votes                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |         198394 |                0 |           0 |                                        0 | NONE                        |  |
| Triumph Financial, Inc.        | 89679E300 | 04/22/2025     | Approval to the fourth amendment to the Triumph Financial, Inc. 2014 omnibus incentive plan                                                                                                                                               | COMPENSATION                 |         198394 |                0 |           0 |                                        0 | NONE                        |  |
| United Security Bancshares     | 911460103 | 05/21/2025     | Approval of the United Security Bancshares 2025 equity incentive award plan                                                                                                                                                               | COMPENSATION                 |         558827 |                0 |           0 |                                        0 | NONE                        |  |
| United Security Bancshares     | 911460103 | 05/21/2025     | A non-binding advisory vote to approve the executive compensation of our named executive officers                                                                                                                                         | COMPENSATION                 |         558827 |                0 |           0 |                                        0 | NONE                        |  |
| Veritex Holdings, Inc.         | 923451108 | 05/27/2025     | Approval of the 2025 amended and restated omnibus incentive plan                                                                                                                                                                          | COMPENSATION                 |         277100 |                0 |           0 |                                        0 | NONE                        |  |
| Veritex Holdings, Inc.         | 923451108 | 05/27/2025     | Advisory vote to approve the compensation of our named executive officers                                                                                                                                                                 | COMPENSATION                 |         277100 |                0 |           0 |                                        0 | NONE                        |  |
| WEX Inc.                       | 96208T104 | 05/15/2025     | Advisory non-binding vote to approve of the compensation of our named executive officers                                                                                                                                                  | COMPENSATION                 |           9955 |                0 |           0 |                                        0 | NONE                        |  |
| WEX Inc.                       | 96208T104 | 05/15/2025     | To approve the WEX Inc. amended and restated incentive plan to increase the number of shares issuable thereunder                                                                                                                          | COMPENSATION                 |           9955 |                0 |           0 |                                        0 | NONE                        |  |

## N-PX: Signature Block

**Reporting Person:** BANC FUNDS CO LLC

**By (Signature):** CHARLES J. MOORE

**By (Printed Signature):** CHARLES J. MOORE

**By (Title):** PRESIDENT

**Date:** 09/02/2025