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The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
BANNER CORP COM NEW 06652V208   2,882,700 66,011 SH   SOLE   66,011 0 0
BOK FINL CORP COM NEW 05561Q201   3,231,442 40,003 SH   SOLE   40,003 0 0
CALIFORNIA BANCORP INC COM 13005U101   2,764,215 184,281 SH   SOLE   184,281 0 0
CAMDEN NATL CORP COM 133034108   1,460,050 47,144 SH   SOLE   47,144 0 0
CAPITAL BANCORP INC MD COM 139737100   2,955,205 163,271 SH   SOLE   163,271 0 0
CF BANKSHARES INC COM 12520L109   2,247,450 149,830 SH   SOLE   149,830 0 0
CITIZENS FINL GROUP INC COM 174610105   2,598,350 99,630 SH   SOLE   99,630 0 0
CIVISTA BANCSHARES INC COM NO PAR 178867107   1,307,732 75,157 SH   SOLE   75,157 0 0
CNB FINL CORP PA COM 126128107   1,539,433 87,220 SH   SOLE   87,220 0 0
COLUMBIA BKG SYS INC COM 197236102   2,561,222 126,293 SH   SOLE   126,293 0 0
CULLEN FROST BANKERS INC COM 229899109   2,822,232 26,246 SH   SOLE   26,246 0 0
EAST WEST BANCORP INC COM 27579R104   3,521,093 66,700 SH   SOLE   66,700 0 0
ENTERPRISE BANCORP INC MASS COM 293668109   1,013,826 35,032 SH   SOLE   35,032 0 0
ENTERPRISE FINL SVCS CORP COM 293712105   3,938,778 100,736 SH   SOLE   100,736 0 0
ESQUIRE FINL HLDGS INC COM 29667J101   3,256,688 71,200 SH   SOLE   71,200 0 0
EVANS BANCORP INC COM NEW 29911Q208   2,971,008 119,174 SH   SOLE   119,174 0 0
FIFTH THIRD BANCORP COM 316773100   2,972,214 113,400 SH   SOLE   113,400 0 0
FIRST CMNTY CORP S C COM 319835104   2,808,570 161,784 SH   SOLE   161,784 0 0
FIRST SEACOAST BANCORP INC COM 33631F104   1,002,500 125,000 SH   SOLE   125,000 0 0
FIVE STAR BANCORP COM 33830T103   2,237,000 100,000 SH   SOLE   100,000 0 0
HEARTLAND FINL USA INC COM 42234Q102   1,852,993 66,487 SH   SOLE   66,487 0 0
HUNTINGTON BANCSHARES INC COM 446150104   2,896,532 268,695 SH   SOLE   268,695 0 0
INTERNATIONAL BANCSHARES COR COM 459044103   5,534,901 125,224 SH   SOLE   125,224 0 0
JOHN MARSHALL BANCORP INC COM 47805L101   3,537,266 176,071 SH   SOLE   176,071 0 0
M & T BK CORP COM 55261F104   2,724,081 22,011 SH   SOLE   22,011 0 0
MACATAWA BK CORP COM 554225102   5,752,551 619,887 SH   SOLE   619,887 0 0
MAINSTREET BANCSHARES INC COM 56064Y100   3,837,584 169,355 SH   SOLE   169,355 0 0
OLD NATL BANCORP IND COM 680033107   3,172,744 227,600 SH   SOLE   227,600 0 0
OLD SECOND BANCORP INC ILL COM 680277100   2,858,325 218,861 SH   SOLE   218,861 0 0
PEAPACK-GLADSTONE FINL CORP COM 704699107   3,285,291 121,318 SH   SOLE   121,318 0 0
PEOPLES BANCORP INC COM 709789101   3,770,127 142,001 SH   SOLE   142,001 0 0
PINNACLE FINL PARTNERS INC COM 72346Q104   3,071,620 54,221 SH   SOLE   54,221 0 0
PRINCETON BANCORP INC COM 74179A107   4,069,123 148,943 SH   SOLE   148,943 0 0
QCR HOLDINGS INC COM 74727A104   7,058,719 172,038 SH   SOLE   172,038 0 0
RED RIVER BANCSHARES INC COM 75686R202   2,537,835 51,645 SH   SOLE   51,645 0 0
RIVERVIEW BANCORP INC COM 769397100   2,622,020 520,242 SH   SOLE   520,242 0 0
SMARTFINANCIAL INC COM NEW 83190L208   3,186,922 148,160 SH   SOLE   148,160 0 0
STELLAR BANCORP INC COM 858927106   2,746,800 120,000 SH   SOLE   120,000 0 0
SYNOVUS FINL CORP COM NEW 87161C501   3,049,684 100,816 SH   SOLE   100,816 0 0
TEXAS CAP BANCSHARES INC COM 88224Q107   4,558,162 88,508 SH   SOLE   88,508 0 0
UMB FINL CORP COM 902788108   1,951,723 32,048 SH   SOLE   32,048 0 0
UNITED SEC BANCSHARES CALIF COM 911460103   3,115,388 467,776 SH   SOLE   467,776 0 0
USCB FINANCIAL HOLDINGS INC CLASS A COM 90355N101   1,734,000 170,000 SH   SOLE   170,000 0 0
VILLAGE BK & TR FINL CORP COM NEW 92705T200   1,955,794 45,273 SH   SOLE   45,273 0 0
VIRGINIA NATL BANKSHARES COR COM 928031103   3,153,143 98,076 SH   SOLE   98,076 0 0
WEBSTER FINL CORP COM 947890109   3,102,106 82,175 SH   SOLE   82,175 0 0