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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 624XmHf8XZO6I143ELbROA==

<SEC-DOCUMENT>0001456279-10-000003.txt : 20100330
<SEC-HEADER>0001456279-10-000003.hdr.sgml : 20100330
<ACCEPTANCE-DATETIME>20100329202011
ACCESSION NUMBER:		0001456279-10-000003
CONFORMED SUBMISSION TYPE:	D/A
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
FILED AS OF DATE:		20100330
DATE AS OF CHANGE:		20100329
EFFECTIVENESS DATE:		20100330

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ELIZABETH PARK CAPITAL LP
		CENTRAL INDEX KEY:			0001456279
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			OH
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		D/A
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-126993
		FILM NUMBER:		10711992

	BUSINESS ADDRESS:	
		STREET 1:		THREE COMMERCE PARK SQUARE
		STREET 2:		23230 CHAGRIN BLVD, SUITE 835
		CITY:			BEACHWOOD
		STATE:			OH
		ZIP:			44122
		BUSINESS PHONE:		216-292-5755

	MAIL ADDRESS:	
		STREET 1:		THREE COMMERCE PARK SQUARE
		STREET 2:		23230 CHAGRIN BLVD, SUITE 835
		CITY:			BEACHWOOD
		STATE:			OH
		ZIP:			44122
</SEC-HEADER>
<DOCUMENT>
<TYPE>D/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0603</schemaVersion>

    <submissionType>D/A</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001456279</cik>
        <entityName>ELIZABETH PARK CAPITAL LP</entityName>
        <issuerAddress>
            <street1>THREE COMMERCE PARK SQUARE</street1>
            <street2>23230 CHAGRIN BLVD, SUITE 835</street2>
            <city>BEACHWOOD</city>
            <stateOrCountry>OH</stateOrCountry>
            <zipCode>44122</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>216-378-7888</issuerPhoneNumber>
        <jurisdictionOfInc>OHIO</jurisdictionOfInc>
        <issuerPreviousNameList>
            <value>None</value>
        </issuerPreviousNameList>
        <edgarPreviousNameList>
            <value>None</value>
        </edgarPreviousNameList>
        <entityType>Limited Partnership</entityType>
        <yearOfInc>
            <withinFiveYears>true</withinFiveYears>
            <value>2007</value>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Elizabeth Park</firstName>
                <lastName>Capital Management, Ltd.</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Three Commerce Park Square</street1>
                <street2>23230 Chagrin Blvd, Suite 835</street2>
                <city>Beachwood</city>
                <stateOrCountry>OH</stateOrCountry>
                <zipCode>44122</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>General Partner of the Issuer.</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Fred</firstName>
                <middleName>A.</middleName>
                <lastName>Cummings</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>180 Basswood Lane</street1>
                <city>Moreland</city>
                <stateOrCountry>OH</stateOrCountry>
                <zipCode>44022</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Managing Member of the General Partner.</relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Pooled Investment Fund</industryGroupType>
            <investmentFundInfo>
                <investmentFundType>Hedge Fund</investmentFundType>
                <is40Act>false</is40Act>
            </investmentFundInfo>
        </industryGroup>
        <issuerSize>
            <aggregateNetAssetValueRange>Decline to Disclose</aggregateNetAssetValueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>true</isAmendment>
                <previousAccessionNumber>9999999997-09-004045</previousAccessionNumber>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2008-07-01</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>true</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isPooledInvestmentFundType>true</isPooledInvestmentFundType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>250000</minimumInvestmentAccepted>
        <salesCompensationList>
            <recipient>
                <recipientName>Thomas McDonald Partners, LLC</recipientName>
                <recipientCRDNumber>None</recipientCRDNumber>
                <associatedBDName>Thomas McDonald Partners, LLC</associatedBDName>
                <associatedBDCRDNumber>135414</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>959 W. St. Clair Avenue, 3rd Floor</street1>
                    <city>Cleveland</city>
                    <stateOrCountry>OH</stateOrCountry>
                    <zipCode>44113</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <value>All States</value>
                </statesOfSolicitationList>
            </recipient>
        </salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>Indefinite</totalOfferingAmount>
            <totalAmountSold>11483000</totalAmountSold>
            <totalRemaining>Indefinite</totalRemaining>
            <clarificationOfResponse>Represents inception to date subscriptions.</clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>true</hasNonAccreditedInvestors>
            <numberNonAccreditedInvestors>1</numberNonAccreditedInvestors>
            <totalNumberAlreadyInvested>67</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>1122</dollarAmount>
                <isEstimate>true</isEstimate>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse></clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
            <clarificationOfResponse>The issuer pays the general partner a quarterly administrative fee equal to 1.5% per annum based on the net asset value of the limited partner's capital account as the net asset value is determined by the general partner.</clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>ELIZABETH PARK CAPITAL LP</issuerName>
                <signatureName>Michelle S. Moezzi</signatureName>
                <nameOfSigner>Michelle S. Moezzi</nameOfSigner>
                <signatureTitle>Authorized Signatory</signatureTitle>
                <signatureDate>2010-03-29</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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