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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2023-03-25 00:24 | 2023-03-22 | EMYB | Embassy Bancorp, Inc. | Lesavoy Bernard M | Director | BUY | $17.51 | 900 | $15,759 | 107,652 |
| 2023-03-25 00:11 | 2023-03-22 | EMYB | Embassy Bancorp, Inc. | Lobach David M Jr | Officer | BUY | $17.07 | 4,480 | $76,457 | 128,386 |
| 2023-03-24 18:01 | 2023-03-22 | FRAF | FRANKLIN FINANCIAL SERVICES CORP /PA/ | Hollar Mark R | Officer | BUY | $30.99 | 3 | $93 | 9,175 |
| 2023-03-24 23:49 | 2023-03-24 | SBFG | SB FINANCIAL GROUP, INC. | HARDGROVE RICHARD L | Director | BUY | $13.75 | 1,000 | $13,750 | 18,328 |
| 2023-03-24 15:27 | 2023-03-23 | JUVF | JUNIATA VALLEY FINANCIAL CORP | HAVICE TIMOTHY I | Director | BUY | $15.50 | 1,100 | $17,050 | 51,604 |
| 2023-03-24 17:54 | 2023-03-23 | CIVB | CIVISTA BANCSHARES, INC. | WURM GERALD B | BUY | $17.80 | 2,000 | $35,594 | 41,573 | |
| 2023-03-24 00:25 | 2023-03-23 | FMBM | F&M BANK CORP | Russell Kevin A. | BUY | $22.36 | 2 | $50 | 2,308 | |
| 2023-03-24 00:12 | 2023-03-23 | FMBM | F&M BANK CORP | Hanna Mark Christopher | BUY | $22.36 | 82 | $1,837 | 15,704 | |
| 2023-03-24 00:20 | 2023-03-23 | FMBM | F&M BANK CORP | Shillingburg Stephanie E | BUY | $22.36 | 9 | $200 | 3,168 | |
| 2023-03-23 21:36 | 2023-03-21 | FMBH | FIRST MID BANCSHARES, INC. | Dean Clay M | Officer | BUY | $27.06 | 1,000 | $27,060 | 9,133 |
| 2023-03-23 18:47 | 2023-03-21 | BWFG | Bankwell Financial Group, Inc. | Garnett James M Jr | Director | BUY | $26.50 | 10,000 | $265,000 | 85,673 |
| 2023-03-24 00:23 | 2023-03-22 | PFBX | PEOPLES FINANCIAL CORP /MS/ | STILWELL JOSEPH | 10% owner | BUY | $13.50 | 2,500 | $33,750 | 369,108 |
| 2023-03-22 18:12 | 2023-03-21 | BUSE | FIRST BUSEY CORP /NV/ | Cassens Michael David | Director | SELL | $22.00 | 603 | $13,266 | 164,193 |
| 2023-03-23 00:08 | 2023-02-16 | MYFW | First Western Financial Inc | Duncan David R | Director | SELL | $26.82 | 1,755 | $47,069 | 12,160 |
| 2023-03-23 01:15 | 2022-03-08 | PBHC | Pathfinder Bancorp, Inc. | TASCARELLA RONALD | Officer | SELL | $17.65 | 83 | $1,465 | 58,526 |
| 2023-03-22 16:11 | 2023-03-20 | EQBK | EQUITY BANCSHARES INC | Gaeddert Gregory L | Director | BUY | $24.70 | 500 | $12,350 | 18,451 |
| 2023-03-22 19:36 | 2023-03-21 | PFBX | PEOPLES FINANCIAL CORP /MS/ | STILWELL JOSEPH | 10% owner | BUY | $13.50 | 2,500 | $33,750 | 366,608 |
| 2023-03-21 18:12 | 2023-03-20 | SYBT | Stock Yards Bancorp, Inc. | Arvin Shannon Bishop | Director | BUY | $53.78 | 373 | $20,060 | 3,175 |
| 2023-03-21 21:43 | 2023-03-15 | ACNB | ACNB Corp. | Stone Thomas R | BUY | $31.92 | 42 | $1,341 | 6,918 | |
| 2023-03-21 20:52 | 2023-03-13 | MSBI | Midland States Bancorp, Inc. | Smith Jeffrey C. | Director | BUY | $23.13 | 330 | $7,633 | 32,106 |
| 2023-03-22 01:42 | 2022-11-01 | PCB | PCB BANCORP | LEE SANG YOUNG | Director, 10% owner | BUY | $18.71 | 15,600 | $291,937 | 1,310,392 |
| 2023-03-21 21:19 | 2023-03-15 | ACNB | ACNB Corp. | HELT JAMES | Director, Officer | BUY | $31.92 | 95 | $3,043 | 18,360 |
| 2023-03-21 18:40 | 2023-03-17 | QCRH | QCR HOLDINGS INC | HELLING LARRY J | Director, Officer | BUY | $45.00 | 1,000 | $45,000 | 23,042 |
| 2023-03-20 23:41 | 2023-03-17 | ORRF | ORRSTOWN FINANCIAL SERVICES INC | Dyckman Matthew | Officer | BUY | $19.56 | 500 | $9,779 | 2,242 |
| 2023-03-20 15:49 | 2023-03-16 | IBCP | INDEPENDENT BANK CORP /MI/ | Keller Christina | Director | BUY | $18.94 | 660 | $12,503 | 8,963 |
| 2023-03-20 23:47 | 2023-03-20 | ORRF | ORRSTOWN FINANCIAL SERVICES INC | Coradi Robert G | Officer | BUY | $19.85 | 2,000 | $39,700 | 27,728 |
| 2023-03-20 15:32 | 2023-03-16 | INBK | First Internet Bancorp | Lorch Nicole S. | Officer | BUY | $19.46 | 1,000 | $19,460 | 50,254 |
| 2023-03-20 18:45 | 2023-03-16 | CZFS | CITIZENS FINANCIAL SERVICES INC | DePaola Rinaldo A | Director | BUY | $73.00 | 125 | $9,125 | 1,744 |
| 2023-03-20 22:00 | 2023-03-15 | ACNB | ACNB Corp. | ELSNER FRANK III | Director | BUY | $31.92 | 25 | $812 | 25,695 |
| 2023-03-20 19:06 | 2023-03-17 | JUVF | JUNIATA VALLEY FINANCIAL CORP | HAVICE TIMOTHY I | Director | BUY | $15.50 | 150 | $2,325 | 50,504 |
| 2023-03-17 16:16 | 2023-03-15 | HBT | HBT Financial, Inc. | Baker Roger A | Director | BUY | $19.69 | 363 | $7,149 | 363 |
| 2023-03-18 00:10 | 2023-03-17 | SBFG | SB FINANCIAL GROUP, INC. | WALZ STEVEN A. | Officer | BUY | $13.56 | 100 | $1,356 | 2,685 |
| 2023-03-17 16:48 | 2023-03-15 | GABC | GERMAN AMERICAN BANCORP, INC. | Ellspermann Susan J | Director | BUY | $33.50 | 76 | $2,550 | 3,509 |
| 2023-03-17 17:24 | 2023-03-15 | CBAN | COLONY BANKCORP INC | Bateman Leonard H JR | Officer | BUY | $10.61 | 1,043 | $11,065 | 6,116 |
| 2023-03-17 16:54 | 2023-03-15 | GABC | GERMAN AMERICAN BANCORP, INC. | Ryan Christina M | Director | BUY | $33.50 | 76 | $2,550 | 9,333 |
| 2023-03-17 16:51 | 2023-03-15 | GABC | GERMAN AMERICAN BANCORP, INC. | KELLY JASON M | Director | BUY | $33.50 | 103 | $3,450 | 9,396 |
| 2023-03-17 16:44 | 2023-03-15 | GABC | GERMAN AMERICAN BANCORP, INC. | Bawel Zachary W | Director | BUY | $33.50 | 76 | $2,550 | 14,345 |
| 2023-03-17 21:50 | 2023-03-15 | OPBK | OP Bancorp | JUNG SOO HUN | Director | BUY | $9.24 | 3,000 | $27,715 | 235,468 |
| 2023-03-17 22:51 | 2023-03-17 | CBFV | CB Financial Services, Inc. | Baily Karl G. | Director | BUY | $22.75 | 1,800 | $40,950 | 4,027 |
| 2023-03-17 16:22 | 2023-03-16 | SBFG | SB FINANCIAL GROUP, INC. | MARTIN WILLIAM G | Director | BUY | $14.25 | 1,000 | $14,250 | 10,260 |
| 2023-03-17 22:30 | 2023-03-16 | FHB | FIRST HAWAIIAN, INC. | Harrison Robert S | Director, Officer | BUY | $21.61 | 23,500 | $507,786 | 350,449 |
| 2023-03-17 19:30 | 2023-03-15 | ISBA | ISABELLA BANK CORP | Prisby Michael P | Officer | BUY | $22.50 | 350 | $7,875 | 14,060 |
| 2023-03-17 18:21 | 2023-03-15 | BWFG | Bankwell Financial Group, Inc. | Garnett James M Jr | Director | BUY | $25.17 | 200 | $5,034 | 75,673 |
| 2023-03-17 16:57 | 2023-03-15 | GABC | GERMAN AMERICAN BANCORP, INC. | SEGER THOMAS W | Director | BUY | $33.50 | 152 | $5,100 | 356,867 |
| 2023-03-17 22:59 | 2023-03-15 | FRAF | FRANKLIN FINANCIAL SERVICES CORP /PA/ | Carmack Karen K | Officer | BUY | $32.75 | 1 | $33 | 2,670 |
| 2023-03-17 17:44 | 2023-03-17 | SBFG | SB FINANCIAL GROUP, INC. | COSENTINO ANTHONY VAN | Officer | BUY | $13.81 | 300 | $4,143 | 46,639 |
| 2023-03-17 20:05 | 2023-03-17 | MCB | Metropolitan Bank Holding Corp. | Sigrist Greg | Officer | BUY | $35.97 | 1,000 | $35,970 | 13,842 |
| 2023-03-17 22:08 | 2023-03-17 | CBAN | COLONY BANKCORP INC | Fountain T Heath | Director, Officer | BUY | $10.55 | 1,200 | $12,661 | 48,284 |
| 2023-03-17 16:03 | 2023-03-15 | SBFG | SB FINANCIAL GROUP, INC. | KLEIN MARK A | Officer | BUY | $14.83 | 500 | $7,415 | 97,473 |
| 2023-03-17 18:01 | 2023-03-16 | JMSB | John Marshall Bancorp, Inc. | Kinney Jonathan Craig | Director | BUY | $23.00 | 800 | $18,400 | 100,611 |
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.