SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13G

                    Under the Securities Exchange Act of 1934
                               (Amendment No. 1)*

                                  Bancorp, Inc.
                                (Name of Issuer)

                                  COMMON STOCK
                         (Title of Class of Securities)

                                    05969A105
                                 (CUSIP Number)

Check the following box if a fee is being paid with this statement |_|. (A fee
is not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)

* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act(however, see the Notes).



CUSIP No. 05969A105                    13G

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1.   NAME OF REPORTING PERSONS
     I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

     CRAMER ROSENTHAL MCGLYNN, LLC
     IRS ID# 13-3156718
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2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

                                                                 (a)  |_|
                                                                 (b)  |X|
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3.   SEC USE ONLY


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4.   CITIZENSHIP OR PLACE OF ORGANIZATION

     INCORPORATED IN THE STATE OF NEW YORK
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  NUMBER OF    5.   SOLE VOTING POWER

   SHARES           333,165
               -----------------------------------------------------------------
BENEFICIALLY   6.   SHARED VOTING POWER

  OWNED BY          433,328
               -----------------------------------------------------------------
    EACH       7.   SOLE DISPOSITIVE POWER

  REPORTING          356,797
               -----------------------------------------------------------------
   PERSON      8.   SHARED DISPOSITIVE POWER

    WITH            442,793
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9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     799,590 SHARES
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10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

                                                                          |_|
--------------------------------------------------------------------------------
11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

     5.88%
--------------------------------------------------------------------------------
12.  TYPE OF REPORTING PERSON*

     IA
--------------------------------------------------------------------------------
                     *SEE INSTRUCTIONS BEFORE FILLING OUT!



Item 1. (a) Name of Issuer: Bancorp, Inc.

        (b)   Address of Issuer's Principal Executive Offices:

                    405 SILVERSIDE ROAD
                    WILMINGTON DE 19809

Item 2. (a) Name of Person Filing:

            CRAMER ROSENTHAL MCGLYNN, LLC

        (b) Address of Principal Business Office:

            520 Madison Avenue, New York, New York 10022

        (c) Citizenship:

            INCORPORATED IN THE STATE OF NEW YORK

        (d) Title of Class of Securities:

            COMMON STOCK

        (e) CUSIP Number: 05969A105


Item 3. If this statement is filed pursuant to Rules 13d-1(b), or
        13d-2(b), check whether the person filing is a:

        (a)   |_|   Broker or Dealer registered under Section 15 of the Act

        (b)   |_|   Bank as defined in section 3(a)(6) of the Act

        (c)   |_|   Insurance Company as defined in section 3(a)(19)of the
                    Act

        (d)   |_|   Investment Company registered under section 8  of the
                    Investment Company Act

        (e)   [X]   Investment Adviser registered under section 203
                    of the Investment Advisers Act of 1940

        (f)   |_|   Employee Benefit Plan, Pension Fund which is subject
                    to the provisions of the Employee Retirement Income
                    Security Act of 1974 or Endowment Fund; see Section
                    240.13d-1(b)(1)(ii)(F)

        (g)   |_|   Parent Holding Company, in accordance with section
                    240.13d-1(b)(1)(ii)(G)

        (h)   |_|   Group, in accordance with Section 240.13d-1(b)(1)(ii)(H)



Item 4. Ownership.

Item 5. Ownership of Five Percent or Less of a Class.

           NOT APPLICABLE

Item 6. Ownership of More Than Five Percent on Behalf of Another Person.

           ONE CLASS OF STOCK 5.88%

Item 7. Identification and Classification of the Subsidiary which Acquired the
        Security Being Reported on By the Parent Holding Company.

           NOT APPLICABLE

Item 8. Identification and Classification of Members of the Group.

           NOT APPLICABLE

Item 9. Notice of Dissolution of Group.

           NOT APPLICABLE

Item 10. Certification.



By signing  below I certify  that,  to the best of my knowledge  and belief,
the  securities  referred  to above  were  acquired  in the ordinary course
of business and were not acquired for the purpose of and do not have the effect
of changing or influencing the control of the issuer of such  securities and
were not acquired in  connection with or as a participant in any  transaction
having such purpose or effect.

                                  Signature.


                                  /s/ Edward Azimi
                                  -------------------------------------
                                      Principal, Director of Operations

After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.

Date: 1/31/06