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:
09-30-2023
Check here if Amendment: ☐ Amendment Number:
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:
John Pollard
Title:
Chief Legal Counsel
Phone:
703-997-5716


Signature, Place, and Date of Signing:

/s/ John Pollard
                         [Signature]
Arlington, VIRGINIA
                 [City, State]
11-14-2023
                           [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:
91
Form 13F Information table Value Total:
227627034
          (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 NVSHSN009851061,096,72517,500SHSOLE17,500 0 0
ALGOMA STL GROUP INCCOM015658107247,91436,458SHSOLE36,458 0 0
ALPHABET INCCAP STK CL C02079K107263,7002,000SHSOLE2,000 0 0
AMERIS BANCORPCOM03076K1081,896,38949,398SHSOLE46,2893,109 0
ANTERO RESOURCES CORPCOM03674X106253,80010,000SHSOLE10,000 0 0
APA CORPORATIONCOM03743Q108411,00010,000SHSOLE10,000 0 0
ASSURED GUARANTY LTDCOMG0585R1062,256,06537,278SHSOLE37,278 0 0
AVANTAX INCCOM0952291001,469,11157,432SHSOLE57,432 0 0
AXOS FINANCIAL INCCOM05465C1004,231,347111,763SHSOLE106,1165,647 0
BANC OF CALIFORNIA INCCOM05990K1068,027,972648,463SHSOLE601,12147,342 0
BANK7 CORPCOM06652N107224,5159,974SHSOLE9,974 0 0
BRIDGEWATER BANCSHARES INCCOM108621103731,28777,140SHSOLE51,29725,843 0
BRIGHTSPHERE INVT GROUP INCCOM10948W1031,315,90267,865SHSOLE67,865 0 0
BROADWAY FINL CORP DELCOM1114441051,083,5661,105,792SHSOLE1,105,792 0 0
CAPITAL ONE FINL CORPCOM14040H1051,085,31011,183SHSOLE7,4103,773 0
CITIGROUP INCCOM NEW172967424411,30010,000SHSOLE10,000 0 0
CITIZENS FINL GROUP INCCOM174610105547,39020,425SHSOLE13,5786,847 0
CNB FINL CORP PACOM1261281072,291,821126,550SHSOLE126,550 0 0
COASTAL FINL CORP WACOM NEW19046P2095,637,087131,370SHSOLE117,86513,505 0
COLUMBIA BKG SYS INCCOM1972361022,995,387147,556SHSOLE137,6579,899 0
COMERICA INCCOM2003401073,511,05884,502SHSOLE79,2525,250 0
CONNECTONE BANCORP INCCOM20786W107532,17229,847SHSOLE19,79510,052 0
CUMULUS MEDIA INCCOM CL A231082801441,64986,768SHSOLE86,768 0 0
CUSTOMERS BANCORP INCCOM23204G1001,832,74053,200SHSOLE53,200 0 0
DESIGNER BRANDS INCCL A2505651081,010,82579,844SHSOLE79,844 0 0
DEVON ENERGY CORP NEWCOM25179M103477,00010,000SHSOLE10,000 0 0
EAST WEST BANCORP INCCOM27579R1045,893,242111,805SHSOLE103,2358,570 0
ENCORE CAP GROUP INCCOM2925541021,602,96933,563SHSOLE33,563 0 0
ENERGY TRANSFER L PCOM UT LTD PTN29273V100420,90030,000SHSOLE30,000 0 0
ENTERPRISE FINL SVCS CORPCOM2937121052,997,30079,928SHSOLE75,0294,899 0
EQUITABLE HLDGS INCCOM29452E1012,094,64373,781SHSOLE73,781 0 0
F N B CORPCOM3025201012,542,167235,604SHSOLE235,604 0 0
FIDELIS INSURANCE HOLDINGS LCOMG3398L118192,29313,099SHSOLE13,099 0 0
FIFTH THIRD BANCORPCOM316773100614,35424,254SHSOLE16,1098,145 0
FIRST BANCSHARES INC MSCOM3189161033,722,292138,016SHSOLE124,29313,723 0
FIRST CTZNS BANCSHARES INC NCL A31946M1035,985,4944,337SHSOLE3,913424 0
FIRST HORIZON CORPORATIONCOM3205171052,511,315227,887SHSOLE216,26011,627 0
FIRST MERCHANTS CORPCOM3208171092,967,392106,664SHSOLE99,9846,680 0
FIRST UTD CORPCOM33741H1073,648,548224,872SHSOLE224,872 0 0
GENWORTH FINL INCCOM CL A37247D1063,014,073514,347SHSOLE514,347 0 0
HANCOCK WHITNEY CORPORATIONCOM410120109782,59721,157SHSOLE14,0567,101 0
HEARTLAND FINL USA INCCOM42234Q1021,299,07044,141SHSOLE44,141 0 0
HERITAGE FINL CORP WASHCOM42722X106685,85242,051SHSOLE27,81214,239 0
HILLTOP HOLDINGS INCCOM432748101916,53832,318SHSOLE32,318 0 0
INTERDIGITAL INCCOM45867G101691,1878,614SHSOLE8,614 0 0
JACKSON FINANCIAL INCCOM CL A46817M10750,373,3101,317,983SHSOLE1,317,983 0 0
KEYCORPCOM493267108161,40015,000SHSOLE15,000 0 0
LINKBANCORP INCCOM53578P1054,118,795598,662SHSOLE598,662 0 0
MERCHANTS BANCORP INDCOM58844R1081,744,47562,932SHSOLE58,7704,162 0
METROPOLITAN BK HLDG CORPCOM5917741046,568,167181,041SHSOLE168,28512,756 0
NATIONAL BK HLDGS CORPCL A633707104405,77813,635SHSOLE9,0824,553 0
NEW YORK CMNTY BANCORP INCCOM6494451034,662,736411,176SHSOLE387,37123,805 0
NEXPOINT DIVERSIFIED REL ETCOM NEW65340G2052,496,922286,673SHSOLE286,673 0 0
OCEANFIRST FINL CORPCOM675234108645,18844,588SHSOLE29,61614,972 0
OLD NATL BANCORP INDCOM6800331072,765,872190,225SHSOLE170,59419,631 0
OLD SECOND BANCORP INC ILLCOM6802771004,095,208300,897SHSOLE279,94820,949 0
OPPENHEIMER HLDGS INCCL A NON VTG6837971041,319,39634,440SHSOLE34,440 0 0
ORIGIN BANCORP INCCOM68621T102786,96727,259SHSOLE18,1199,140 0
PACIFIC PREMIER BANCORPCOM69478X1051,632,00075,000SHSOLE75,000 0 0
PACWEST BANCORP DELCOM695263103593,25075,000SHSOLE75,000 0 0
PAGAYA TECHNOLOGIES LTD*W EXP 09/01/202M7S64L1071,746,3335,166,667SHSOLE5,166,667 0 0
PAGAYA TECHNOLOGIES LTDCL A SHSM7S64L11521,616,20413,681,142SHSOLE13,681,142 0 0
PEABODY ENERGY CORPCOM704551100649,75025,000SHSOLE25,000 0 0
PEAPACK-GLADSTONE FINL CORPCOM704699107379,36414,790SHSOLE9,8124,978 0
PEOPLES BANCORP INCCOM709789101798,93731,479SHSOLE20,94310,536 0
PINNACLE FINL PARTNERS INCCOM72346Q1043,057,49345,607SHSOLE40,8264,781 0
POPULAR INCCOM NEW733174700994,73915,787SHSOLE10,5125,275 0
PREMIER FINANCIAL CORPCOM74052F108578,77833,926SHSOLE22,62511,301 0
PRIMIS FINANCIAL CORPCOM74167B109430,73652,851SHSOLE35,12817,723 0
PROLOGIS INC.COM74340W103224,4202,000SHSOLE2,000 0 0
QCR HOLDINGS INCCOM74727A104551,52711,367SHSOLE7,5673,800 0
RED ROCK RESORTS INCCL A75700L108777,07318,953SHSOLE18,953 0 0
RHINEBECK BANCORP INCCOM7620931021,165,988171,217SHSOLE171,217 0 0
SIMON PPTY GROUP INC NEWCOM828806109432,1204,000SHSOLE4,000 0 0
SLM CORPCOM78442P1061,792,351131,597SHSOLE131,597 0 0
SOUTHERN CALIF BANCORPCOM84252A1061,512,351107,948SHSOLE107,948 0 0
STEEL PARTNERS HLDGS L PLTD PRTRSHIP U85814R107850,61520,005SHSOLE20,005 0 0
STELLAR BANCORP INCCOM858927106603,67628,315SHSOLE18,8249,491 0
SUMMIT FINL GROUP INCCOM86606G1012,803,728124,389SHSOLE124,389 0 0
SURO CAPITAL CORPCOM NEW86887Q109128,87935,602SHSOLE35,602 0 0
SYNOVUS FINL CORPCOM NEW87161C5012,882,888103,701SHSOLE93,31010,391 0
THE ODP CORPCOM88337F105945,15220,480SHSOLE20,480 0 0
TRINITY CAP INCCOM896442308348,00025,000SHSOLE25,000 0 0
TRIUMPH FINANCIAL INCCOM89679E300540,9328,349SHSOLE8,349 0 0
UMB FINL CORPCOM9027881082,424,79039,078SHSOLE35,3943,684 0
UNITED SEC BANCSHARES CALIFCOM911460103626,79084,246SHSOLE84,246 0 0
VALLEY NATL BANCORPCOM919794107474,25055,403SHSOLE36,72618,677 0
WEBSTER FINL CORPCOM9478901093,689,01091,516SHSOLE85,2066,310 0
WEST FRASER TIMBER CO LTDCOM952845105492,7646,793SHSOLE6,793 0 0
WESTERN ALLIANCE BANCORPCOM9576381093,681,73780,090SHSOLE76,6213,469 0
WINTRUST FINL CORPCOM97650W1081,190,93715,774SHSOLE10,4815,293 0