Fourthstone LLC has recently filed an amended Schedule 13G, which highlights its investment in Private Bancorp of America, Inc. This filing is significant as it reflects Fourthstone's ongoing strategy to invest in the national commercial banking sector.

According to the filing dated November 13, 2026, Fourthstone LLC now holds approximately 198,491 shares of Private Bancorp, representing about 3.46% of the company. This update may signal to other investment firms the potential for reassessment of their positions within the banking industry.

Background

Fourthstone LLC, incorporated in Missouri, is a registered investment adviser. The firm is involved in managing investments on behalf of its clients. The recent filing indicates Fourthstone's active participation in the financial services sector, particularly in relation to Private Bancorp of America, Inc., which operates under the SIC code for national commercial banks.

What the Filing Says

The amended Schedule 13G/A filing reveals that Fourthstone LLC has beneficial ownership of 198,491 shares of Private Bancorp. The filing states, "Fourthstone LLC acquired the Issuer's shares in the ordinary course of business as a registered investment adviser and not with the purpose nor with the effect of influencing the control of the Issuer." This highlights Fourthstone's intention to maintain a passive investment strategy.

Impact

This update may affect various stakeholders, including clients of Fourthstone LLC and other investment firms in the banking sector. The filing indicates that Fourthstone's ownership is not aimed at influencing the control of Private Bancorp, which may provide reassurance to other investors regarding the stability of the bank's management.

What's Next

The filing does not say what happens next.