UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8
Report for the Calendar Year or Quarter Ended:
12-31-2022
Check here if Amendment: ☒ Amendment Number:
2
This Amendment (Check only one.):☒ is a restatement.
☐ adds new holdings entries.

Institutional Investment Manager Filing this Report:

Name:
EJF Capital LLC
Address:
2107 Wilson Boulevard
Suite 410
Arlington, VA 22201
Form 13F File Number:
028-11792

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.


Person Signing this Report on Behalf of Reporting Manager:
Name:
David Bell
Title:
General Counsel
Phone:
703-997-5716


Signature, Place, and Date of Signing:

/s/ David Bell
                         [Signature]
Arlington, VIRGINIA
                 [City, State]
05-15-2023
                           [Date]
                          

Report Type (Check only one.):

☒ 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) 

☐ 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) 

☐ 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)


Form 13F Summary Page

Report Summary:

Number of Other Included Managers:
0
Form 13F Information table Entry Total:
97
Form 13F Information table Value Total:
323300235
          (thousands)

List of Other Included Managers:

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column headings and list entries.]

  
NONE


UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8
COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
AERCAP HOLDINGS NVSHSN00985106729,00012,500SHSOLE12,500 0 0
ALGOMA STL GROUP INCCOM015658107171,18027,000SHSOLE27,000 0 0
ALLY FINL INCCOM02005N100817,75533,446SHSOLE22,30711,139 0
APA CORPORATIONCOM03743Q108933,60020,000SHSOLE20,000 0 0
ASSURED GUARANTY LTDCOMG0585R1061,783,18928,641SHSOLE28,641 0 0
BANC OF CALIFORNIA INCCOM05990K1069,377,226588,652SHSOLE545,67742,975 0
BANK AMERICA CORPCOM0605051042,689,34481,200SHSOLE81,200 0 0
BILL COM HLDGS INCCOM0900431001,089,60010,000SHSOLE10,000 0 0
BRIDGEWATER BANCSHARES INCCOM ACCD INV1086211036,111,519344,505SHSOLE290,37154,134 0
BRIGHTSPHERE INVT GROUP INCCOM10948W1031,352,47665,718SHSOLE65,718 0 0
BROADWAY FINL CORP DELCOM1114441052,678,5202,652,000SHSOLE2,652,000 0 0
CADENCE BANKCOM12740C1031,874,16076,000SHSOLE76,000 0 0
CAPITAL ONE FINL CORPCOM14040H1051,239,62213,335SHSOLE8,8064,529 0
CNB FINL CORP PACOM1261281072,024,67285,106SHSOLE85,106 0 0
COASTAL FINL CORP WACOM NEW19046P20911,546,885242,990SHSOLE214,81228,178 0
CONNECTONE BANCORP INCCOM20786W1075,994,372247,599SHSOLE216,62830,971 0
CRA INTL INCCOM12618T105987,0318,062SHSOLE8,062 0 0
CROSSFIRST BANKSHARES INCCOM22766M1098,631,589695,535SHSOLE695,535 0 0
CUMULUS MEDIA INCCOM CL A231082801419,17567,500SHSOLE67,500 0 0
DELTA AIR LINES INC DELCOM NEW247361702328,60010,000SHSOLE10,000 0 0
DEVON ENERGY CORP NEWCOM25179M103615,10010,000SHSOLE10,000 0 0
EAST WEST BANCORP INCCOM27579R1041,589,50824,120SHSOLE15,9628,158 0
EASTERN BANKSHARES INCCOM27627N1054,093,063237,279SHSOLE190,60646,673 0
ELLINGTON FINANCIAL INCCOM28852N109556,65045,000SHSOLE45,000 0 0
ENCORE CAP GROUP INCCOM2925541021,209,04725,220SHSOLE25,220 0 0
ENERGY TRANSFER L PCOM UT LTD PTN29273V100712,20060,000SHSOLE60,000 0 0
ENTERPRISE FINL SVCS CORPCOM2937121052,976,76860,800SHSOLE60,800 0 0
EQUITABLE HLDGS INCCOM29452E1011,630,76356,821SHSOLE56,821 0 0
EQUITY BANCSHARES INCCOM CL A29460X1094,759,464145,683SHSOLE113,30732,376 0
FIFTH THIRD BANCORPCOM3167731001,523,59846,437SHSOLE30,76915,668 0
FIRST BANCSHARES INC MSCOM3189161031,590,99349,703SHSOLE32,60617,097 0
FIRST CTZNS BANCSHARES INC NCL A31946M1031,902,7252,509SHSOLE1,650859 0
FIRST MERCHANTS CORPCOM3208171093,132,58276,200SHSOLE76,200 0 0
FIRST UTD CORPCOM33741H1075,189,034264,073SHSOLE264,073 0 0
HANCOCK WHITNEY CORPORATIONCOM41012010910,389,236214,698SHSOLE199,92314,775 0
HERITAGE FINL CORP WASHCOM42722X1067,207,447235,230SHSOLE205,96429,266 0
HILLTOP HOLDINGS INCCOM4327481011,140,38038,000SHSOLE38,000 0 0
INTUITCOM4612021031,401,1923,600SHSOLE3,600 0 0
ISHARES TRRUSSELL 2000 ETF4642876551,743,60010,000SHPutSOLE10,000 0 0
JACKSON FINANCIAL INCCOM CL A46817M10744,906,7931,290,796SHSOLE1,290,796 0 0
LATCH INCCOM51818V106354,950500,000SHSOLE500,000 0 0
LINKBANCORP INCCOM53578P1054,165,425445,500SHSOLE445,500 0 0
LIVE OAK BANCSHARES INCCOM53803X105779,79425,821SHSOLE17,2708,551 0
M & T BK CORPCOM55261F1048,710,85360,050SHSOLE55,3764,674 0
MERCHANTS BANCORP INDCOM58844R1082,324,55495,582SHSOLE95,582 0 0
METROPOLITAN BK HLDG CORPCOM5917741048,036,441136,977SHSOLE121,07815,899 0
MVB FINL CORPCOM5538101025,505,000250,000SHSOLE250,000 0 0
NATIONAL BK HLDGS CORPCL A6337071041,984,73647,177SHSOLE30,69616,481 0
NEW YORK CMNTY BANCORP INCCOM6494451033,870,000450,000SHSOLE450,000 0 0
NEXPOINT DIVERSIFIED REL ETCOM NEW65340G2052,478,688221,114SHSOLE221,114 0 0
OCEANFIRST FINL CORPCOM6752341081,912,24589,988SHSOLE58,44531,543 0
OLD NATL BANCORP INDCOM6800331077,446,273414,142SHSOLE372,63741,505 0
OLD SECOND BANCORP INC ILLCOM68027710011,119,185693,216SHSOLE649,32243,894 0
ONEMAIN HLDGS INCCOM68268W1031,101,62833,072SHSOLE22,03711,035 0
OP BANCORPCOM67109R109363,42532,565SHSOLE32,565 0 0
ORIGIN BANCORP INCCOM68621T1021,972,40553,744SHSOLE35,34118,403 0
PACWEST BANCORP DELCOM6952631031,567,11868,284SHSOLE45,45422,830 0
PAGAYA TECHNOLOGIES LTDCL A SHSM7S64L11519,668,68315,861,841SHSOLE15,861,841 0 0
PAGAYA TECHNOLOGIES LTD*W EXP 09/01/202M7S64L107490,3175,166,667SHSOLE5,166,667 0 0
PCB BANCORPCOM69320M1096,216,337351,404SHSOLE329,00022,404 0
PEABODY ENERGY CORPCOM704551100792,60030,000SHSOLE30,000 0 0
PEAPACK-GLADSTONE FINL CORPCOM7046991072,802,55475,297SHSOLE49,06126,236 0
PEOPLES BANCORP INCCOM7097891011,756,21862,167SHSOLE40,77221,395 0
PIONEER NAT RES COCOM723787107342,5851,500SHSOLE1,500 0 0
PONCE FINANCIAL GROUP INCCOMMON STOCK7323441064,443,720476,794SHSOLE476,794 0 0
POPULAR INCCOM NEW7331747002,004,32330,222SHSOLE20,3399,883 0
PREFERRED BK LOS ANGELES CACOM NEW7403674042,489,47233,362SHSOLE21,70111,661 0
PREMIER FINANCIAL CORPCOM74052F1081,811,54867,169SHSOLE44,07123,098 0
PRIMIS FINANCIAL CORPCOM74167B1094,527,648382,080SHSOLE347,87634,204 0
PROLOGIS INC.COM74340W103225,4602,000SHSOLE2,000 0 0
QCR HOLDINGS INCCOM74727A1042,864,77457,711SHSOLE38,33619,375 0
RED ROCK RESORTS INCCL A75700L108570,34314,255SHSOLE14,255 0 0
RHINEBECK BANCORP INCCOM7620931023,654,722401,177SHSOLE401,177 0 0
SAFEGUARD SCIENTIFICS INCCOM NEW786449207260,04783,886SHSOLE83,886 0 0
SELECT SECTOR SPDR TRFINANCIAL81369Y6052,223,00065,000SHPutSOLE65,000 0 0
SIGNATURE BK NEW YORK N YCOM82669G1041,112,6809,657SHSOLE6,6483,009 0
SILVERGATE CAP CORPCL A82837P408595,86334,245SHSOLE26,0778,168 0
SIMON PPTY GROUP INC NEWCOM828806109469,9204,000SHSOLE4,000 0 0
SLM CORPCOM78442P1061,658,24099,894SHSOLE99,894 0 0
SNOWFLAKE INCCL A833445109430,6203,000SHSOLE3,000 0 0
SOUTHERN FIRST BANCSHARESCOM8428731017,114,994155,519SHSOLE137,80817,711 0
SPDR SER TRS&P REGL BKG78464A6982,054,07934,969SHSOLE13,30321,666 0
SPRUCE POWER HOLDING CORPCOM CL A9837FR100711,397774,015SHSOLE774,015 0 0
STEEL PARTNERS HLDGS L PLTD PRTRSHIP U85814R107856,21420,005SHSOLE20,005 0 0
STELLAR BANCORP INCCOM8589271061,684,55257,181SHSOLE37,17120,010 0
SURO CAPITAL CORPCOM NEW86887Q109114,00030,000SHSOLE30,000 0 0
SVB FINANCIAL GROUPCOM78486Q1013,078,35313,376SHSOLE12,3261,050 0
SYNOVUS FINL CORPCOM NEW87161C5019,330,199248,474SHSOLE228,16320,311 0
THE ODP CORPCOM88337F105683,10015,000SHSOLE15,000 0 0
TRINET GROUP INCCOM896288107372,9005,500SHSOLE5,500 0 0
TRINITY CAP INCCOM896442308295,11027,000SHSOLE27,000 0 0
UNITED SEC BANCSHARES CALIFCOM9114601032,010,096274,979SHSOLE274,979 0 0
WEBSTER FINL CORPCOM9478901095,301,559111,989SHSOLE98,79513,194 0
WEST FRASER TIMBER CO LTDCOM952845105361,4505,000SHSOLE5,000 0 0
WESTERN ALLIANCE BANCORPCOM9576381091,372,85823,050SHSOLE15,4187,632 0
WINTRUST FINL CORPCOM97650W1082,650,20931,356SHSOLE20,57010,786 0
ZIONS BANCORPORATION N ACOM9897011071,155,11323,497SHSOLE15,7237,774 0