Sb Financial Group Inc. (SBFG)

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Institutional Investors' Holdings

Filing Period:

No.	Name	Shares	Value	% Port
1.	Manufacturers Life Insurance Company, The	481,800	$10,074,438	0%
2.	Alliancebernstein L.p.	468,306	$9,792,278	0%
3.	Cutler Capital Management, Llc	392,556	$8,208,338	2.85%
4.	Fj Capital Management Llc	371,571	$7,769,550	0.9%
5.	Strategic Value Bank Partners Llc	352,815	$7,377,362	4.76%