Portfolio
Our portfolio reflects our commitment to building great organizations
Patriot seeks to make investments in 15 to 20 companies in each of its funds. Investments will be non-control and the fund will generally seek board representation. With each investment, Patriot will work with the company’s management teams to identify and prioritize key business initiatives and help implement best practices for growing franchise value. In sourcing transactions, Patriot intends to utilize both its extensive industry relationships and a proactive internal research approach.
*as of June 2023
1st United Bancorp, Inc.
- FUND I -
- Realized
- Boca Raton, FL
- Rudy E. Schupp
1st United Bancorp, Inc.
- FUND I -
- Realized
- Boca Raton, FL
- Rudy E. Schupp
- http://www.1stunitedbankfl.com/
1st United Bancorp, Inc. was acquired by Valley National Bancorp (NYSE: VLY) effective November 1, 2014.
American Chartered Bancorp, Inc.
- FUND I -
- Realized
- Schaumburg, IL
- Daniel K. Miller
American Chartered Bancorp, Inc.
- FUND I -
- Realized
- Schaumburg, IL
- Daniel K. Miller
- www.americanchartered.com
American Chartered Bancorp, Inc. was acquired by MB Financial, Inc. (NASDAQ: MBFI) effective August 24, 2016.
Banc of California, Inc.
- FUND I -
- Realized
- Santa Ana, CA
- Jared M. Wolff
Banc of California is a bank holding company operating banking offices in the California counties of Los Angeles, Orange and San Diego. The company is headquartered in Irvine, California and currently provides complete banking services to the communities in Southern California.
Beneficial Bancorp, Inc.
- FUND I -
- Realized
- Philadelphia, PA
- Gerard P. Cuddy
Beneficial Bancorp, Inc. is a community-based, diversified financial services company providing consumer and commercial banking services. Its principal subsidiary, Beneficial Bank, has served individuals and businesses in the Delaware Valley area since 1853 and is the oldest and largest bank headquartered in Philadelphia. Beneficial operates over 50 offices in the greater Philadelphia and southern New Jersey regions and offers insurance and wealth management services through separate wholly-owned subsidiaries.
BNC Bancorp
- FUND I -
- Realized
- Headquarters: High Point, NC
- Richard D. Callicutt II
BNC Bancorp is the parent company of Bank of North Carolina, a commercial bank founded in 1991 in High Point, North Carolina. Bank of North Carolina provides a complete line of banking and financial services to individuals and businesses through its more than 60 banking offices in Virginia, North and South Carolina. The bank’s locations in South Carolina and Virginia operate as BNC Bank.
Cape Bancorp, Inc.
- FUND I -
- Realized
- Cape May Court House, NJ
- Michael D. Devlin
Cape Bancorp, Inc. was acquired by OceanFirst Financial Corp. (NASDAQ: OCFC) effective May 2, 2016.
Cardinal Financial Corporation
- FUND I -
- Realized
- McLean, VA
- Bernard H. Clineburg
Cardinal Financial Corporation
- FUND I -
- Realized
- McLean, VA
- Bernard H. Clineburg
- www.cardinalbank.com
Cardinal Financial Corporation, a financial holding company headquartered in Tysons Corner, Virginia, serves the Washington metropolitan region through its wholly-owned subsidiary, Cardinal Bank. Cardinal also operates several other subsidiaries: George Mason Mortgage, LLC, a residential mortgage lending company based in Fairfax, Virginia and Cardinal Wealth Services, Inc., a wealth management services company.
Central Valley Community Bancorp
- FUND I -
- Realized
- Fresno, CA
- James M. Ford
Central Valley Community Bancorp was established in 2000 as the holding company for its sole subsidiary, Central Valley Community Bank. Central Valley Community Bank was founded with $2.0 million in assets in Clovis, California in 1979, and provides traditional banking services to individuals and small to medium sized businesses. Since inception, the bank has grown to over $1.0 billion in assets and expanded its branch network to over 20 branches in California’s Central Valley.
Equity Bancshares, Inc.
- FUND I -
- Realized
- Wichita, KS
- Brad S. Elliott
Equity Bancshares, Inc. is a bank holding company headquartered in Wichita, Kansas, founded in 2002 by its current chairman and chief executive officer, Brad Elliott. Its wholly-owned banking subsidiary, Equity Bank, provides a broad range of financial services primarily to businesses and business owners as well as individuals through its network of full service branches located in Kansas and Missouri.
Florida Business BancGroup, Inc.
- FUND I -
- Realized
- Tampa, FL
- Christopher C. Lykes
Florida Business BancGroup, Inc.
- FUND I -
- Realized
- Tampa, FL
- Christopher C. Lykes
- www.bay-cities-bank.com
Florida Business BancGroup, Inc. was acquired by Home BancShares, Inc. (NASDAQ: HOMB) effective October 1, 2015.
Guaranty Bancorp
- FUND I -
- Realized
- Denver, CO
- Paul W. Taylor
Guaranty Bancorp is a bank holding company headquartered in Denver, Colorado. Guaranty is the parent to its bank subsidiary, Guaranty Bank & Trust Company. Guaranty operates throughout northern and central Colorado with target markets in the greater Denver metropolitan area, Boulder, Fort Collins, and Greeley. Guaranty provides banking and other financial services to consumers and small- to medium-sized businesses and provides wealth management solutions, including trust and investment management services, through its two solely-owned investment management firms.
Heritage Commerce Corp
- FUND I -
- Realized
- San Jose, CA
- Walter T. Kaczmarek
Heritage Commerce Corp
- FUND I -
- Realized
- San Jose, CA
- Walter T. Kaczmarek
- www.heritagebankofcommerce.com
Headquartered in San Jose, California, Heritage Commerce Corp is the parent company of Heritage Bank of Commerce, a full-service commercial business bank established in 1994. Heritage Commerce focuses on C&I and commercial real estate lending to small- and medium-sized businesses and their owners, managers and employees. Bay View Funding, a subsidiary of the bank, provides business-essential working capital factoring financing to various industries throughout the United States.
Heritage Oaks Bancorp
- FUND I -
- Realized
- Paso Robles, CA
- Simone F. Lagomarsino
Heritage Oaks Bancorp
- FUND I -
- Realized
- Paso Robles, CA
- Simone F. Lagomarsino
- www.heritageoaksbank.com
Heritage Oaks Bancorp was acquired by Pacific Premier Bancorp, Inc. (NASDAQ: PPBI) effective April 1, 2017.
Independent Bank Corporation
- FUND I -
- Realized
- Grand Rapids, MI
- William B. Kessel
Independent Bank Corporation
- FUND I -
- Realized
- Grand Rapids, MI
- William B. Kessel
- www.independentbank.com
Independent Bank Corporation is the holding company for Michigan-based Independent Bank. Founded as First National Bank of Ionia in 1864, Independent Bank Corporation operates over 60 office branch locations across Michigan’s Lower Peninsula through its bank subsidiary.
Independent Bank provides a full range of financial services, including commercial banking, mortgage lending, investments and title services.
Palmetto Bancshares, Inc.
- FUND I -
- Realized
- Greenville, SC
- Samuel L. Erwin
Palmetto Bancshares, Inc. was acquired by United Community Banks, Inc. (NASDAQ: UCBI) effective September 1, 2015.
Peapack-Gladstone Financial Corporation
- FUND I -
- Realized
- Bedminster, NJ
- Douglas L. Kennedy
Peapack-Gladstone Financial Corporation
- FUND I -
- Realized
- Bedminster, NJ
- Douglas L. Kennedy
- www.pgbank.com
Peapack-Gladstone Financial Corporation is the Bedminster, New Jersey headquartered bank holding company for Peapack-Gladstone Bank. Established in 1921, Peapack-Gladstone Bank is a commercial bank that offers a full range of quality banking products and services to businesses and consumers through its New Jersey locations, an online branch, a wealth management division, and its subsidiary, PGB Trust & Investments of Delaware.
Porter Bancorp, Inc.
- FUND I -
- Realized
- Louisville, KY
- John T. Taylor
Porter Bancorp, Inc. is a state charted bank holding company headquartered in Louisville, Kentucky. Porter’s sole subsidiary bank, PBI Bank, operates full-service branches in the greater Louisville area and in counties south of Louisville along the Interstate 65 corridor. PBI is primarily a commercial lender with the majority of its loan portfolio in commercial real estate and construction loans. Porter Bancorp, Inc. announced on June 19, 2018 that it changed its name to Limestone Bancorp, Inc., as approved by shareholders on May 23, 2018, with PBI Bank changing its name to Limestone Bank.
Southern National Bancorp of Virginia, Inc.
- FUND I -
- Realized
- McLean, VA
- Georgia S. Derrico
Southern National Bancorp of Virginia, Inc.
- FUND I -
- Realized
- McLean, VA
- Georgia S. Derrico
- www.sonabank.com
Southern National Bancorp of Virginia, Inc. is the holding company for Sonabank, a Virginia state chartered bank. Sonabank was founded in 2005, and provides a range of financial services to individuals and small and medium sized businesses. Since inception, the bank has grown its footprint to include over twenty branches in Virginia and Maryland.
Square 1 Financial, Inc.
- FUND I -
- Realized
- Durham, NC
- Douglas H. Bowers
Square 1 Financial, Inc. was acquired by PacWest Bancorp (NASDAQ: PACW) effective October 6, 2015.
Sterling Bancorp
- FUND I -
- Realized
- Montebello, NY
- Jack L. Kopnisky
Sterling Bancorp, through its principal subsidiary Sterling National Bank, specializes in the delivery of service and solutions to business owners, their families, and consumers in communities within the greater New York City area through teams of dedicated and experienced relationship managers. Sterling’s specialty lending businesses, which include asset-based lending, factoring, payroll finance, equipment finance, residential mortgage warehouse lending, residential mortgage banking and municipal finance, also generate loans and deposits in other markets across the United States.
TIB Financial Corp.
- FUND I -
- Realized
- Naples, FL
- Thomas J. Longe
TIB Financial Corp. was acquired by North American Financial Holdings, Inc. (now d/b/a Capital Bank Financial Corp.; NASDAQ: CBF) effective September 30, 2010.
VIST Financial Corp.
- FUND I -
- Realized
- Wyomissing, PA
- Stephen S. Romaine
VIST Financial Corp. was acquired by Tompkins Financial Corporation (NYSE MKT: TMP) effective August 1, 2012.
Willow Financial Bancorp, Inc.
- FUND I -
- Realized
- Wayne, PA
- Donna M. Coughey
Willow Financial Bancorp, Inc. was acquired by Harleysville National Corporation (now d/b/a First Niagara Financial Group, Inc.; NASDAQ: FNFG) effective December 5, 2008.
*as of June 2023
Atlantic Capital Bancshares, Inc.
- FUND II -
- Realized
- Atlanta, GA
- Douglas L. Williams
Atlantic Capital Bancshares, Inc.
- FUND II -
- Realized
- Atlanta, GA
- Douglas L. Williams
- www.atlanticcapitalbank.com
Atlantic Capital Bancshares is the holding company for Chattanooga, Tennessee-headquartered Atlantic Capital Bank, National Association. Three Atlanta-area commercial bankers founded Atlantic Capital in 2007 by raising $125.0 million of startup capital from local investors and several well-known institutional firms in what was the largest U.S. independent de novo bank offering.
Atlantic Capital offers banking, treasury management, capital markets, trust, and mortgage services to privately held companies and individuals in Atlanta, eastern Tennessee, and northwest Georgia. Atlantic Capital also provides specialized financial services to select clients nationally.
Avenue Financial Holdings, Inc.
- FUND II -
- Realized
- Nashville, TN
- Ronald L. Samuels
Avenue Financial Holdings, Inc.
- FUND II -
- Realized
- Nashville, TN
- Ronald L. Samuels
- www.avenuenashville.com
Avenue Financial Holdings, Inc., headquartered in Nashville, Tennessee, was formed as a single-bank holding company in 2006 and operates through its subsidiary, Avenue Bank. Avenue’s operations are concentrated in the Nashville MSA, providing a wide range of business and personal banking services through its unique “Concierge Banking” model, with an emphasis on individuals and businesses involved in the music and entertainment industry.
Avidbank Holdings, Inc.
- FUND II -
- Realized
- San Jose, CA
- Mark D. Mordell
Avidbank Holdings, Inc. operates as a bank holding company for Avidbank that provides financial products and services to small and middle-market businesses, professionals, and individuals in the Santa Clara, San Mateo, and San Francisco counties. It offers business and personal deposit products, such as checking, money market, and savings accounts; and certificates of deposit.
Banc of California, Inc.
- FUND II -
- Active
- Santa Ana, CA
- Jared M. Wolff
Banc of California is a bank holding company operating banking offices in the California counties of Los Angeles, Orange and San Diego. The company is headquartered in Irvine, California and currently provides complete banking services to the communities in Southern California.
Bannockburn Global Forex, LLC
- FUND II -
- Realized
- Cincinnati, OH
- Mark R. Wendling
Bannockburn Global Forex, LLC
- FUND II -
- Realized
- Cincinnati, OH
- Mark R. Wendling
Bannockburn Global Forex, LLC is a provider of currency trading services headquartered in Cincinnati, Ohio with regional sales offices located in New York, Kansas City, Chicago, Richmond and Santa Monica. The company specializes in foreign exchange hedging and settlement transactions as well as currency-related advisory services for corporate and institutional clients.
Beneficial Bancorp, Inc.
- FUND II -
- Realized
- Philadelphia, PA
- Gerard P. Cuddy
Beneficial Bancorp, Inc. is a community-based, diversified financial services company providing consumer and commercial banking services. Its principal subsidiary, Beneficial Bank, has served individuals and businesses in the Delaware Valley area since 1853 and is the oldest and largest bank headquartered in Philadelphia. Beneficial operates over 50 offices in the greater Philadelphia and southern New Jersey regions and offers insurance and wealth management services through separate wholly-owned subsidiaries.
CoastalSouth Bancshares, Inc.
- FUND II -
- Active
- Hilton Head, SC
- Stephen R. Stone
CoastalSouth Bancshares, Inc.
- FUND II -
- Active
- Hilton Head, SC
- Stephen R. Stone
- www.coastalstatesbank.com
CoastalSouth Bancshares, Inc. is a bank holding company headquartered in Hilton Head Island, South Carolina. CoastalSouth provides a wide range of commercial, consumer, and mortgage banking services through its wholly owned subsidiary, CoastalStates Bank. CoastalStates Bank is the largest private community bank headquartered in Hilton Head Island and has the 4th largest deposit market share in Beaufort County, South Carolina.
DR Bank
- FUND II -
- Realized
- Darien, CT
- Gary Lieberman
DR Bank is a Connecticut state-chartered and FDIC member bank offering consumer and business deposit products. Established as Darien Rowayton Bank in 2006, then as Laurel Road Bank in 2018, DR Bank maintains branches in Darien, Rowayton and Southport, Connecticut.
Elderlife Financial Services, LLC
- FUND II -
- Realized
- Rockville, MD
- Joe Goelzhauser
Elderlife Financial Services, LLC
- FUND II -
- Realized
- Rockville, MD
- Joe Goelzhauser
Elderlife Financial Services, LLC is a niche consumer lender headquartered in Rockville, Maryland providing financing to families of seniors transitioning into skilled nursing or assisted living facilities. The Company’s financing most frequently serves as a bridge between senior housing entry and either the sale of a senior’s home or receipt of Veterans Affairs benefits. Elderlife conducts its business primarily via its call center in Rockville and solicits customers through digital marketing campaigns coupled with direct relationships with senior living facility operators.
Enterprise Financial Services Corp
- FUND II -
- Realized
- Clayton, MO
- James Lally
Enterprise Financial Services Corp
- FUND II -
- Realized
- Clayton, MO
- James Lally
Enterprise Financial Services Corp is a financial holding company, operating through its subsidiary, Enterprise Bank & Trust, a state-chartered trust company with banking powers. Operating across Arizona, Kansas, Missouri and New Mexico, Enterprise offers a range of business and personal banking services as well as wealth management services, including financial planning, estate planning, investment management, and trust services.
F.N.B. Corporation
- FUND II -
- Realized
- Pittsburgh, PA
- Vincent J. Delie Jr.
F.N.B. Corporation, a financial holding company, is headquartered in Pittsburgh, PA and provides a range of financial services primarily to consumers, corporations, governments, and small- to medium-sized businesses. The company operates through three segments: Community Banking, Wealth Management, and Insurance. It offers commercial banking solutions, including corporate and small business banking, investment real estate financing, business credit, capital market, and lease financing services.
First Financial Bancorp.
- FUND II -
- Realized
- Cincinnati, OH
- Archie Brown
First Financial Bancorp.
- FUND II -
- Realized
- Cincinnati, OH
- Archie Brown
As one of the first banks to organize under the new National Bank Act with Charter No. 56, our bank opened in Hamilton, Ohio, as First National Bank of Hamilton on August 15, 1863. The office was located in a room at 239 High Street and served the community with the same strong commitment that we have today of putting our clients first and helping them achieve financial and life goals. After years of growth and expansion in Ohio, Indiana, and Kentucky, the bank is rebranded with a new name, First Financial Bank. In addition to our new yellow logo, banking centers across our footprint were transformed into an enhanced client experience in an effort to help our clients learn more and succeed. At the end of the third quarter 2015, First Financial hit a major milestone, 100 quarters, or 25 years, of consecutive profitability! Years later, our streak continues as we remain profitable. It’s because of our clients, associates, and community involvement and support that this is possible. A first in the community by First Financial. First Financial Communities are next generation banks, workspace sharing, and collaboration spaces all-in-one. We’re giving customers, neighbors, and businesses convenience for conferencing, collaborating, and meeting.
First Foundation Inc.
- FUND II -
- Realized
- Irvine, CA
- Scott F. Kavanaugh
First Foundation Inc., founded in 1990, is a financial institution providing integrated investment management, wealth planning, consulting, insurance, trust and banking services to high net-worth individuals and businesses through its two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank. First Foundation is headquartered in Irvine, California, with offices in Newport Beach, Pasadena, West Los Angeles, Oakland, San Diego, Palm Desert and the Imperial Valley in California; in Las Vegas, Nevada; and in Honolulu, Hawaii.
First Merchants Corp.
- FUND II -
- Realized
- Muncie, IN
- Mark K Hardwick
First Merchants Corp.
- FUND II -
- Realized
- Muncie, IN
- Mark K Hardwick
Since our beginnings in 1893, we understand that it’s about the customer. We make our customers feel at home. We show them we care. We make them feel special. Give them advice. Give them value. Keep our promises. Help them out when they really need it. Reach out to them. Know them. Thank them. First Merchants Corporation is the largest financial services holding company located in Central Indiana. We provide our customers with broad financial services delivered locally by bankers who are known and trusted in their communities. We offer personal banking, business banking, mortgage lending, treasury management services, and wealth management. We are focused on building deep, lifelong client relationships and providing maximum shareholder value. We provide an environment where customers can bank with their neighbors, realizing that our business begins and ends with people.
Floridian Community Holdings, Inc.
- FUND II -
- Realized
- Davie, FL
- Joseph S. Marzouca