Firm profile

Elizabeth Park Capital Management, Ltd.

PEPPER PIKE, OHCRD 158416Registration Status: ApprovedEffective since April 9, 2014SEC # 801-79370Latest ADV March 30, 2026

Elizabeth Park Capital Management, Ltd is an SEC registered investment adviser organized as a limited liability company with a primary office location in Pepper Pike, OH. Its latest Form ADV filing, dated March 30, 2026, reports $394M in regulatory assets under management, 10 employees, 1 office, and 9 accounts.

Assets Under Management

$394M

Employees

Offices

1 office

Total Clients

Associated firm names

3 names listed

ELIZABETH PARK CAPITAL ADVISORS, LTD
ELIZABETH PARK CAPITAL MANAGEMENT, LTD.Relying adviser
ELIZABETH PARK CAPITAL MANAGEMENT, LTD

Leadership

2 roles identified

CCOErnest C. Pelaia

COOErnest C. Pelaia

Advisory services offered

1 types reported

Portfolio management for pooled investment vehicles

Fee models offered

2 types reported

Asset based fees

Performance-based fees

Offices & Contact

Primary office

PEPPER PIKE, Ohio, United States

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Primary office regionOther reported regions

Shading shows states and countries with reported offices. Cities are listed below; shading does not indicate service coverage.

View locations

Ohio

PEPPER PIKEPrimary office

1 office records listed · 1 total offices reported. Counts can use different reporting dates. SEC filers may list only their largest 25 additional offices.

Contact and digital presence

ADV profile links

Phone(216) 292-5711 WebsiteVisit website LinkedInView profile

Regulatory Assets Under Management Breakdown

Total regulatory assets under management$394Mas of March 30, 2026

Discretionary100.0%

$394M

100% of total RAUM100.0%

Non-discretionary0.0%

0% of total RAUM0.0%

All regulatory assets under management are discretionary.

Client Coverage Demographics

Top client segmentPooled Investment Vehicles represent 100.0% of total clients.

Top client categories% of clientsClients

Pooled Investment Vehicles

100.0%

Assets under management Growth by Quarter

Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.

Total AUM$394M

Total Accounts9

10Y AUM Change+$19M (+5.0%)

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Employee Growth by Quarter

Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.

Total Employees10

Clients per Employee1:1

10Y Employee Change+3 (+42.9%)

Historical AUM and employee figures reflect available SEC Form ADV filings under this CRD. Filing gaps may reflect registration status changes, dormant periods, state registration periods, firm restructuring, or other reporting changes. Rialytix does not interpolate missing periods.

Reported ownership ranges

Highlighted bands show the percentage range reported in Form ADV.

0%25%50%75%100%

FRED A. CUMMINGS REVOCABLE LIVING TRUST DATED OCTOBER 23, 2006Direct owner · Schedule AInterest in ELIZABETH PARK CAPITAL MANAGEMENT, LTD

50% to < 75%

EDEN PARK ASSET MANAGEMENT HOLDINGS, LLCDirect owner · Schedule AInterest in ELIZABETH PARK CAPITAL MANAGEMENT, LTD

10% to < 25%

ALSON MANAGEMENT, LLCDirect owner · Schedule AInterest in ELIZABETH PARK CAPITAL MANAGEMENT, LTD

5% to < 10%

J FRANKLIN HALLIndirect owner · Schedule BInterest in EDEN PARK ASSET MANAGEMENT HOLDINGS, LLC

75%+

NEIL STEVEN BARSKYIndirect owner · Schedule BInterest in ALSON MANAGEMENT, LLC

75%+

Bars represent the reported range at that individual ownership step, not an estimated percentage of the advisory firm. Indirect relationships may refer to intermediate entities rather than directly to Elizabeth Park Capital Management, Ltd..

Reported ownership and control details

Form ADV · Filing date 2026-03-30 · Schedules A and B

8 entries

#	Owner / person & role	Interest in entity	Reported interest	Control person	Title / status acquired	Source
1	FRED ANTHONY CUMMINGSPRESIDENTIndividual	ELIZABETH PARK CAPITAL MANAGEMENT, LTD	Less than 5%Code NA	Yes	PRESIDENT02/2008	Schedule APDF page 43
2	ERNEST CHARLES PELAIACHIEF OPERATING OFFICER/CHIEF COMPLIANCE OFFICERIndividual	ELIZABETH PARK CAPITAL MANAGEMENT, LTD	Less than 5%Code NA	Yes	CHIEF OPERATING OFFICER/CHIEF COMPLIANCE OFFICER03/2013	Schedule APDF page 43
3	FRED A. CUMMINGS REVOCABLE LIVING TRUST DATED OCTOBER 23, 2006MEMBERDomestic entity	ELIZABETH PARK CAPITAL MANAGEMENT, LTD	50% to less than 75%Code D	Yes	MEMBER02/2008	Schedule APDF page 43
4	EDEN PARK ASSET MANAGEMENT HOLDINGS, LLCMEMBERDomestic entity	ELIZABETH PARK CAPITAL MANAGEMENT, LTD	10% to less than 25%Code B	No	MEMBER11/2024	Schedule APDF page 43
5	ALSON MANAGEMENT, LLCMEMBERDomestic entity	ELIZABETH PARK CAPITAL MANAGEMENT, LTD	5% to less than 10%Code A	No	MEMBER07/2017	Schedule APDF page 43
6	FRED ANTHONY CUMMINGSTRUSTEEIndividual	FRED A. CUMMINGS REVOCABLE LIVING TRUST DATED OCTOBER 23, 2006	Percentage not specifiedCode F	Yes	TRUSTEE02/2008	Schedule BPDF page 43
7	J FRANKLIN HALLMEMBERIndividual	EDEN PARK ASSET MANAGEMENT HOLDINGS, LLC	75% or moreCode E	No	MEMBER11/2024	Schedule BPDF page 43
8	NEIL STEVEN BARSKYMEMBERIndividual	ALSON MANAGEMENT, LLC	75% or moreCode E	No	MEMBER12/2016	Schedule BPDF page 43

Less than 5% may include zero. Code F identifies a role without specifying a percentage. Reported interests may overlap and may not include every owner. Total indirect ownership is not calculated.

Compliance & Disclosures

Filing dated 3/30/2026 5:25:48 PM

Responses were selected by the RIA in its filing. Questions are shortened for readability; “you” refers to the reporting firm, and some questions also cover advisory affiliates.

RIA or supervised-person involvementThe RIA reported that none of the events below involve the firm or its supervised persons.RIA responseNo

AFelonies2 No

In the past ten years, have you or any advisory affiliate:

A1Been convicted of or pleaded guilty or no contest to a felony?No
A2Been charged with a felony?No

BMisdemeanors2 No

In the past ten years, have you or any advisory affiliate:

B1Been convicted of or pleaded guilty or no contest to a misdemeanor involving investments, an investment-related business, fraud, false statements or omissions, wrongful taking of property, bribery, perjury, forgery, counterfeiting, or extortion?No
B2Been charged with a misdemeanor of the kind listed above?No

CSEC or CFTC actions5 No

Has the SEC or CFTC ever:

C1Found you or an advisory affiliate made a false statement or omission?No
C2Found you or an advisory affiliate violated SEC or CFTC regulations or statutes?No
C3Found you or an advisory affiliate caused an investment-related business to have its authorization to do business denied, suspended, revoked, or restricted?No
C4Entered an order against you or an advisory affiliate in connection with investment-related activity?No
C5Imposed a civil money penalty on you or an advisory affiliate, or ordered you or an advisory affiliate to cease and desist from any activity?No

DOther regulatory actions5 No

Has any other federal regulatory agency, state regulatory agency, or foreign financial regulatory authority ever:

D1Found you or an advisory affiliate made a false statement or omission, or was dishonest, unfair, or unethical?No
D2Found you or an advisory affiliate violated investment-related regulations or statutes?No
D3Found you or an advisory affiliate caused an investment-related business to have its authorization to do business denied, suspended, revoked, or restricted?No
D4In the past ten years, entered an order against you or an advisory affiliate in connection with investment-related activity?No
D5Denied, suspended, or revoked your or an advisory affiliate’s registration or license, or otherwise prevented association with an investment-related business or restricted activities?No

ESelf-regulatory organization actions4 No

Has a self-regulatory organization or commodities exchange ever:

E1Found you or an advisory affiliate made a false statement or omission?No
E2Found you or an advisory affiliate violated its rules, other than a violation designated as a minor rule violation under an SEC-approved plan?No
E3Found you or an advisory affiliate caused an investment-related business to have its authorization to do business denied, suspended, revoked, or restricted?No
E4Disciplined you or an advisory affiliate by expulsion, suspension, barring association with other members, or otherwise restricting activities?No

FProfessional authorizations1 No

FHas an authorization to act as an attorney, accountant, or federal contractor granted to you or an advisory affiliate ever been revoked or suspended?No

GPending regulatory proceedings1 No

GAre you or any advisory affiliate now the subject of a regulatory proceeding that could result in a “Yes” answer to any part of C, D, or E?No

HCivil judicial actions and proceedings4 No

(1) Court actions

Has a domestic or foreign court:

H(1)(a)In the past ten years, enjoined you or an advisory affiliate in connection with investment-related activity?No
H(1)(b)Found that you or an advisory affiliate violated investment-related statutes or regulations?No
H(1)(c)Dismissed, pursuant to a settlement agreement, an investment-related civil action brought against you or an advisory affiliate by a state or foreign financial regulatory authority?No

(2) Pending civil proceedings

H(2)Are you or any advisory affiliate now the subject of a civil proceeding that could result in a “Yes” answer to any part of H(1)?No

* Metrics are based on the latest available data, including Form ADV filings, brochures, and relationship summaries pulled from the SEC IAPD, and may be subject to change. Learn what is included in the Rialytix data. Please refer to the firm's official disclosures for the most accurate information using their CRD number. This is not investment advice.