State Commercial Banks
Standard Industrial Classification: SIC 6022
Industry Insider Sentiment Analysis
The State Commercial Banks sector (SIC 6022) acts as a critical barometer for broader economic health. Our real-time monitoring reveals total transactions. Monitoring "cluster buying" is one of the most reliable leading indicators for future sector performance. By analyzing aggregate data across this specific Standard Industrial Classification, investors can filter out individual company volatility and identify high-conviction trends. When multiple directors and officers within the same industry move capital simultaneously, it often signals an upcoming sector-wide revaluation or a fundamental shift in supply chain dynamics that has yet to be recognized by the broader public market.
| Filing Date | Trade Date | Ticker | Company | Reporting Person | Relationship | Type | Price | Qty | Total, $ | Owned After |
|---|---|---|---|---|---|---|---|---|---|---|
| 2023-05-19 23:06 | 2023-05-18 | WTBA | WEST BANCORPORATION INC | Peters Bradley P | Officer | BUY | $16.42 | 1,000 | $16,420 | 57,113 |
| 2023-05-19 20:49 | 2023-05-17 | NWPP | NEW PEOPLES BANKSHARES INC | KEENE HAROLD L | Director, 10% owner | BUY | $2.20 | 2,000 | $4,400 | 1,078,779 |
| 2023-05-19 23:59 | 2023-05-18 | PEBK | PEOPLES BANCORP OF NORTH CAROLINA INC | ZACHARY BENJAMIN I | Director | BUY | $19.49 | 500 | $9,746 | 47,280 |
| 2023-05-19 23:04 | 2023-05-17 | TCBI | TEXAS CAPITAL BANCSHARES INC/TX | STALLINGS ROBERT W | Director | BUY | $17.87 | 3,000 | $53,620 | 80,000 |
| 2023-05-19 18:48 | 2023-05-17 | EGBN | EAGLE BANCORP INC | Ludwig A. Leslie | Director | BUY | $17.41 | 500 | $8,705 | 29,521 |
| 2023-05-18 17:44 | 2023-05-16 | BPOP | POPULAR, INC. | Sanchez Alejandro M | Director | BUY | $55.41 | 9 | $499 | 2,171 |
| 2023-05-18 17:09 | 2023-05-17 | FRAF | FRANKLIN FINANCIAL SERVICES CORP /PA/ | Craig Kevin W | Director | BUY | $25.00 | 2,000 | $50,000 | 18,497 |
| 2023-05-18 22:00 | 2023-05-16 | BRBS | BLUE RIDGE BANKSHARES, INC. | Spilman Vance H | Director | BUY | $7.87 | 1,000 | $7,870 | 26,492 |
| 2023-05-18 18:45 | 2023-05-16 | ISBA | ISABELLA BANK CORP | Bourland Jill | Director | BUY | $20.00 | 10 | $200 | 3,976 |
| 2023-05-18 23:41 | 2023-05-17 | CBAN | COLONY BANKCORP INC | Bagwell Lee | Officer | BUY | $9.24 | 1,589 | $14,685 | 15,284 |
| 2023-05-18 19:06 | 2023-05-17 | CCNE | CNB FINANCIAL CORP/PA | Straub Francis X III | Director | BUY | $20.17 | 1,000 | $20,168 | 10,000 |
| 2023-05-18 19:06 | 2023-05-16 | CCNE | CNB FINANCIAL CORP/PA | Straub Francis X III | Director | SELL | $17.35 | 4,807 | $83,402 | 34,147 |
| 2023-05-18 22:47 | 2023-05-18 | BAFN | BayFirst Financial Corp. | Zernick Thomas Gerard | Director, Officer | BUY | $14.47 | 50 | $724 | 12,462 |
| 2023-05-18 17:07 | 2023-05-17 | FRAF | FRANKLIN FINANCIAL SERVICES CORP /PA/ | Duffey Gregory A | Director | BUY | $25.00 | 1,500 | $37,500 | 14,310 |
| 2023-05-18 16:59 | 2023-05-17 | FRAF | FRANKLIN FINANCIAL SERVICES CORP /PA/ | Carmack Karen K | Officer | BUY | $25.00 | 1 | $25 | 2,485 |
| 2023-05-19 01:14 | 2023-05-17 | CFG | CITIZENS FINANCIAL GROUP INC/RI | Lillis Terrance | Director | BUY | $26.39 | 1,000 | $26,390 | 3,000 |
| 2023-05-18 20:08 | 2023-05-17 | BAFN | BayFirst Financial Corp. | Saravanos Anthony | Director | BUY | $14.90 | 40 | $596 | 52,032 |
| 2023-05-18 23:03 | 2023-05-17 | FXNC | FIRST NATIONAL CORP /VA/ | Smith Gerald F JR | Director | BUY | $14.94 | 1,300 | $19,427 | 3,500 |
| 2023-05-18 23:34 | 2023-05-16 | MYFW | First Western Financial Inc | Duncan David R | Director | BUY | $16.00 | 500 | $8,000 | 39,804 |
| 2023-05-18 17:05 | 2023-05-17 | FRAF | FRANKLIN FINANCIAL SERVICES CORP /PA/ | Hollar Mark R | Officer | BUY | $25.00 | 254 | $6,350 | 9,452 |
| 2023-05-18 17:16 | 2023-05-17 | FSBC | FIVE STAR BANCORP | Ramos Kevin Francis | Director | BUY | $18.34 | 10,000 | $183,400 | 10,000 |
| 2023-05-18 17:11 | 2023-05-16 | FSBC | FIVE STAR BANCORP | Allbaugh Larry Eugene | Director, 10% owner | BUY | $18.34 | 10,000 | $183,400 | 10,000 |
| 2023-05-19 02:05 | 2023-05-16 | HTH | Hilltop Holdings Inc. | Nichols W Robert III | Director | SELL | $31.02 | 1,500 | $46,528 | 9,500 |
| 2023-05-18 22:54 | 2023-05-17 | FIBK | FIRST INTERSTATE BANCSYSTEM INC | SCOTT JULIE A | 10% owner | SELL | $23.07 | 62,223 | $1,435,485 | 2,376,851 |
| 2023-05-18 17:02 | 2023-05-17 | FRAF | FRANKLIN FINANCIAL SERVICES CORP /PA/ | ELLIOTT G WARREN | Director | BUY | $25.00 | 500 | $12,500 | 13,353 |
| 2023-05-18 16:52 | 2023-05-16 | CSBB | CSB Bancorp, Inc. | STEINER EDDIE L | Director, Officer | BUY | $37.50 | 300 | $11,250 | 13,344 |
| 2023-05-18 23:22 | 2023-05-17 | WTBA | WEST BANCORPORATION INC | McMurray Sean Patrick | Director | BUY | $16.10 | 5,000 | $80,500 | 43,447 |
| 2023-05-19 00:06 | 2023-05-17 | BSRR | SIERRA BANCORP | WOODS GORDON T | Director | BUY | $15.90 | 30 | $477 | 20,030 |
| 2023-05-18 18:45 | 2023-05-16 | EGBN | EAGLE BANCORP INC | Raffa Kathy A | Director | BUY | $17.34 | 5,000 | $86,687 | 40,864 |
| 2023-05-18 16:22 | 2023-05-17 | EGBN | EAGLE BANCORP INC | Levingston Charles | Officer | BUY | $17.73 | 1,124 | $19,932 | 30,371 |
| 2023-05-18 16:16 | 2023-05-16 | EGBN | EAGLE BANCORP INC | RIEL SUSAN G | Director, Officer | BUY | $17.60 | 1,800 | $31,681 | 295,711 |
| 2023-05-17 18:00 | 2023-05-15 | GABC | GERMAN AMERICAN BANCORP, INC. | Ellspermann Susan J | Director | BUY | $26.95 | 32 | $850 | 3,568 |
| 2023-05-17 21:57 | 2023-05-17 | FBNC | FIRST BANCORP /NC/ | PERRY DEXTER V | Director | BUY | $29.50 | 475 | $14,013 | 3,960 |
| 2023-05-17 18:22 | 2023-05-15 | GABC | GERMAN AMERICAN BANCORP, INC. | Ryan Christina M | Director | BUY | $26.95 | 33 | $900 | 9,394 |
| 2023-05-17 18:10 | 2023-05-15 | GABC | GERMAN AMERICAN BANCORP, INC. | KELLY JASON M | Director | BUY | $26.95 | 95 | $2,550 | 9,518 |
| 2023-05-17 16:44 | 2023-05-15 | GABC | GERMAN AMERICAN BANCORP, INC. | Bawel Zachary W | Director | BUY | $26.95 | 95 | $2,550 | 14,495 |
| 2023-05-17 20:50 | 2023-05-17 | ABCB | Ameris Bancorp | McKendry William D | Officer | BUY | $30.14 | 1,000 | $30,140 | 30,134 |
| 2023-05-17 23:05 | 2023-05-15 | ORRF | ORRSTOWN FINANCIAL SERVICES INC | Longenecker Thomas D | Director | BUY | $16.25 | 200 | $3,250 | 15,910 |
| 2023-05-18 04:38 | 2023-05-16 | MBIN | Merchants Bancorp | Petrie Michael F. | Director, Officer, 10% owner | SELL | $17.35 | 15,000 | $260,250 | 100,000 |
| 2023-05-18 03:28 | 2023-05-16 | BFST | Business First Bancshares, Inc. | Manning Kathryn | Officer | BUY | $14.34 | 1,400 | $20,076 | 12,343 |
| 2023-05-17 18:46 | 2023-05-16 | CBFV | CB Financial Services, Inc. | Guthrie Charles R. | Director | BUY | $19.00 | 200 | $3,800 | 6,853 |
| 2023-05-17 18:42 | 2023-05-15 | GABC | GERMAN AMERICAN BANCORP, INC. | SEGER THOMAS W | Director | BUY | $26.95 | 63 | $1,700 | 397,467 |
| 2023-05-17 16:15 | 2023-05-16 | MSBI | Midland States Bancorp, Inc. | Tucker Douglas J. | Officer | BUY | $20.35 | 800 | $16,280 | 4,300 |
| 2023-05-17 19:01 | 2023-05-17 | UBSI | UNITED BANKSHARES INC/WV | White Gary G | Director | BUY | $28.78 | 300 | $8,634 | 39,184 |
| 2023-05-17 18:33 | 2023-05-15 | GABC | GERMAN AMERICAN BANCORP, INC. | SHEIDLER JACK | Director | BUY | $26.95 | 130 | $3,499 | 58,246 |
| 2023-05-18 00:52 | 2023-05-17 | FRST | Primis Financial Corp. | Williamson Susan B | Officer | BUY | $7.46 | 2,716 | $20,259 | 5,377 |
| 2023-05-17 18:17 | 2023-05-15 | GABC | GERMAN AMERICAN BANCORP, INC. | Ramsey Chris A | Director | BUY | $26.95 | 95 | $2,550 | 29,547 |
| 2023-05-17 17:03 | 2023-05-15 | FSBC | FIVE STAR BANCORP | Allbaugh Larry Eugene | Director, 10% owner | BUY | $18.30 | 12,308 | $225,282 | 10,000 |
| 2023-05-17 15:48 | 2023-05-16 | HBIA-PK | HILLS BANCORPORATION | YODER SHELDON E | Director | BUY | $72.00 | 900 | $64,800 | 2,510 |
| 2023-05-17 18:36 | 2023-05-16 | MBCN | MIDDLEFIELD BANC CORP | HESLOP JAMES R II | Director, Officer | BUY | $22.56 | 577 | $13,017 | 3,836 |
Sector-Wide Insider Alpha
Analyzing insider movements across the State Commercial Banks sector provides a macro-view of executive conviction. When multiple leaders in different companies within the same SIC code (6022) simultaneously buy shares, it often indicates an industry-wide undervaluation or a positive shift in market cycles.
SEC Filings in State Commercial Banks
Every transaction in the State Commercial Banks industry is reported via Form 4 disclosures. By filtering these filings by industry, investors can detect institutional-scale sentiment shifts before they are reflected in broader market indices, following the capital flow of those with intimate industry knowledge.
UNDERSTANDING THE DATA
FILING DATE: The date and time when the transaction was reported to the SEC. This is when the public first receives the information.
TRADE DATE: The actual day the insider executed the purchase or sale in the market.
INDUSTRY: The specific market sector the company operates in. Useful for identifying broader institutional capital flows across sectors.
OWNED AFTER: The total number of shares held by the insider following the transaction. This highlights the insider's remaining conviction in the company.
CHANGE %: The percentage increase or decrease of the insider's total position. Large percentage changes often carry more weight than the dollar amount alone.
TRADE TYPES DEFINITIONS
BUY: An open market purchase. Typically indicates an insider's belief that the stock is undervalued or poised for growth.
SELL: An open market sale. While often used for diversification or liquidity, large or unexpected sales can be a warning signal.
OPT+S (OPTION EXERCISE & SALE): This occurs when an insider exercises their stock options and sells them immediately. Often part of a structured compensation plan.