0001193125-12-231240.txt : 20120514 0001193125-12-231240.hdr.sgml : 20120514 20120514160126 ACCESSION NUMBER: 0001193125-12-231240 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120331 FILED AS OF DATE: 20120514 DATE AS OF CHANGE: 20120514 EFFECTIVENESS DATE: 20120514 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SANDLER ONEILL ASSET MANAGEMENT LLC CENTRAL INDEX KEY: 0001040762 IRS NUMBER: 133906061 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-07148 FILM NUMBER: 12838646 BUSINESS ADDRESS: STREET 1: 150 EAST 52ND STREET STREET 2: 30TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2124867300 MAIL ADDRESS: STREET 1: 150 EAST 52ND STREET STREET 2: 30TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 13F-HR 1 d352471d13fhr.txt FORM 13F ================================================================================ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2012 Check here if Amendment [_]; Amendment Number: This amendment (Check only one.): [_] is a restatement. [_] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Sandler O'Neill Asset Management, LLC Address: 150 East 52nd Street, 30th Floor New York, NY 10022 13 File Number: 28-7148 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct, and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: TERRY MALTESE Title: President/CEO Phone: (212) 486-7300 Signature, Place and Date of Signing: TERRY MALTESE May 11, 2012 Report Type (Check only one.): [X] 13F HOLDINGS REPORT. [_] 13F NOTICE. [_] 13F COMBINATION REPORT. I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934 ================================================================================ FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 137 Form 13F Information Table Value Total: 768955 FORM 13F INFORMATION TABLE
TITLE OF VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER CLASS CUSIP x($1000) PRN AMT PRN CALL DISCRETN MANAGERS SOLE SHARED NONE -------------- ------------- ---------- -------- -------- --- ---- -------- -------- -------- ------ ---- D 1ST CENTY BK NATL AS SN COM ST COMMON STOCK 31943X102 3991 842000 SH SOLE 842000 0 0 D 1ST UNITED BANCORP INC. (FL) C COMMON STOCK 33740N105 7632 1259400 SH SOLE 1259400 0 0 D ACCESS NATL CORP COM STK COMMON STOCK 004337101 1786 140000 SH SOLE 140000 0 0 D AFFILIATED MANAGERS GROUP INC COMMON STOCK 008252108 2716 23900 SH SOLE 23900 0 0 D ALLIANCE BANCORP INC OF PA COM COMMON STOCK 01890A108 2348 204200 SH SOLE 204200 0 0 D AMERICAN RIVER BANKSHARES COM COMMON STOCK 029326105 7025 965000 SH SOLE 965000 0 0 D AON CORPORATION COM STK COMMON STOCK 037389103 3108 60000 SH SOLE 60000 0 0 D ASB BANCORP INC. COM STK COMMON STOCK 00213T109 1665 125000 SH SOLE 125000 0 0 D ASTORIA FINANCIAL CORP COM STK COMMON STOCK 046265104 969 100000 SH SOLE 100000 0 0 D ATHENS BANCSHARES CORP COM STK COMMON STOCK 047042106 3741 260000 SH SOLE 260000 0 0 D BANCFIRST CORP COM STK COMMON STOCK 05945F103 8865 212600 SH SOLE 212600 0 0 D BANK OF AMERICA CORP COM STK COMMON STOCK 060505104 3650 450000 SH SOLE 450000 0 0 D BANK MUTUAL CORP COM STK COMMON STOCK 063750103 1929 494500 SH SOLE 494500 0 0 D BANNER CORP COM STK COMMON STOCK 06652V208 6036 275000 SH SOLE 275000 0 0 D BAR HARBOR BANKSHARES COM STK COMMON STOCK 066849100 10800 291900 SH SOLE 291900 0 0 D BERKSHIRE HILLS BANCORP INC C COMMON STOCK 084680107 1980 87242 SH SOLE 87242 0 0 D BLACKROCK INC COM STK COMMON STOCK 09247X101 958 5000 SH SOLE 5000 0 0 D BRIDGE BANCORP INC COM STK COMMON STOCK 108035106 5063 259900 SH SOLE 259900 0 0
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D BRIDGE CAPITAL HOLDINGS COMMON STOCK 108030107 9556 625000 SH SOLE 625000 0 0 D BSB BANCORP INC. COM STK COMMON STOCK 05573H108 6140 510000 SH SOLE 510000 0 0 D CAPITAL ONE FINL COR COM STK COMMON STOCK 14040H105 8322 150000 SH SOLE 150000 0 0 D CENTERSTATE BANKS INC COM STK COMMON STOCK 15201P109 236 29300 SH SOLE 29300 0 0 D CENTRAL VALLEY COMMUNITY BNCRP COMMON STOCK 155685100 69 10000 SH SOLE 10000 0 0 D CENTURY BANCORP INC COM STK COMMON STOCK 156432106 7126 259400 SH SOLE 259400 0 0 D CHICOPEE BANCORP INC COM STK COMMON STOCK 168565109 3754 260700 SH SOLE 260700 0 0 D CITIGROUP INC COM STK COMMON STOCK 172967424 28282 856000 SH SOLE 856000 0 0 D CITIZENS & NORTHN CO RP COM ST COMMON STOCK 172922106 3612 190700 SH SOLE 190700 0 0 D CITIZENS REPUBLIC BANCORP INC COMMON STOCK 174420307 8008 474700 SH SOLE 474700 0 0 D CITY NATIONAL CORP CA COM STK COMMON STOCK 178566105 7456 140000 SH SOLE 140000 0 0 D CLIFTON SAVINGS BANCORP INC COMMON STOCK 18712Q103 7063 691100 SH SOLE 691100 0 0 D COBIZ FINANCIAL INC COM STK COMMON STOCK 190897108 3125 500000 SH SOLE 500000 0 0 D COLONIAL FINL SERVICES INC COMMON STOCK 19566B101 950 72000 SH SOLE 72000 0 0 D COLUMBIA BANKING SYSTEM INC COMMON STOCK 197236102 1229 60000 SH SOLE 60000 0 0 D COMERICA INC COM STK COMMON STOCK 200340107 25136 785000 SH SOLE 785000 0 0 D COMMUNITY BANK SYSTEM INC COM COMMON STOCK 203607106 5540 197000 SH SOLE 197000 0 0 D DORAL FINL CORP COM STK COMMON STOCK 25811P886 9609 5250800 SH SOLE 5250800 0 0 D EAGLE BANCORP INC COM STK COMMON STOCK 268948106 2523 141800 SH SOLE 141800 0 0 D EAGLE BANCORP MONTANA INC COM COMMON STOCK 26942G100 3075 300000 SH SOLE 300000 0 0 D ENCORE BANCSHARES INC COM COMMON STOCK 29255V201 447 21800 SH SOLE 21800 0 0 D ESSA BANCORP INC COM STK COMMON STOCK 29667D104 934 95800 SH SOLE 95800 0 0 D EVANS BANCORP INC COM STK COMMON STOCK 29911Q208 5594 372900 SH SOLE 372900 0 0 D EVERCORE PARTNERS INC COM STK COMMON STOCK 29977A105 7268 275000 SH SOLE 275000 0 0 D FEDFIRST FINANCIAL CORP COM ST COMMON STOCK 31429C101 1674 120400 SH SOLE 120400 0 0 D FIRST CITIZENS BANCSHARES INC COMMON STOCK 31946M103 5511 31800 SH SOLE 31800 0 0 D FIRST CONNECTICUT BANCORP INC COMMON STOCK 319850103 2176 165000 SH SOLE 165000 0 0
Page: 4 D FIRST DEFIANCE FINANCIAL CORP COMMON STOCK 32006W106 4874 283700 SH SOLE 283700 0 0 D FIRST FINANCIAL BANCORP OHIO COMMON STOCK 320209109 18899 1124300 SH SOLE 1124300 0 0 D FIRST HORIZON NATIONAL CORP COMMON STOCK 320517105 7941 865000 SH SOLE 865000 0 0 D FIRST MIDWEST BANCORP INC DEL COMMON STOCK 320867104 19070 1790600 SH SOLE 1790600 0 0 D FIRSTBANK CORPORATION COMMON STOCK 33761G104 1021 102600 SH SOLE 102600 0 0 D FLUSHING FINANCIAL CORP COM ST COMMON STOCK 343873105 1303 100000 SH SOLE 100000 0 0 D FORTEGRA FINL CORP COM STK COMMON STOCK 34954W104 415 50000 SH SOLE 50000 0 0 D FOX CHASE BANCORP INC COM STK COMMON STOCK 35137T108 6614 520000 SH SOLE 520000 0 0 D FRANKLIN RESOURCES INC. COM S COMMON STOCK 354613101 2510 20000 SH SOLE 20000 0 0 D ARTHUR J. GALLAGHER & CO COM COMMON STOCK 363576109 4883 130000 SH SOLE 130000 0 0 D GUARANTY BANCORP COM STK COMMON STOCK 40075T102 289 148000 SH SOLE 148000 0 0 D HERITAGE COMM CORP COM STK COMMON STOCK 426927109 775 115000 SH SOLE 115000 0 0 D HERITAGE FINANCIAL CORPORATIO COMMON STOCK 42722X106 5941 453500 SH SOLE 453500 0 0 D HERITAGE FINANCIAL GROUP INC C COMMON STOCK 42726X102 1330 115675 SH SOLE 115675 0 0 D HERITAGE OAKS BANCORP COM STK COMMON STOCK 42724R107 9169 1837500 SH SOLE 1837500 0 0 D HF FINANCIAL CORP COM STK COMMON STOCK 404172108 7871 655900 SH SOLE 655900 0 0 D HINGHAM INSTITUTION FOR SVGS COMMON STOCK 433323102 3177 55000 SH SOLE 55000 0 0 D HOME FEDERAL BANCORP INC LA C COMMON STOCK 43708L108 3728 245900 SH SOLE 245900 0 0 D HOPFED BANCORP INC COM STK COMMON STOCK 439734104 6435 734602 SH SOLE 734602 0 0 D HUDSON CITY BANCORP INC COM S COMMON STOCK 443683107 706 100000 SH SOLE 100000 0 0 D HUNTINGTON BANCSHARES INC COM COMMON STOCK 446150104 10035 1500000 SH SOLE 1500000 0 0 D IF BANCORP INC COM STK COMMON STOCK 44951J105 4488 366400 SH SOLE 366400 0 0 D INVESCO LTD COM STK COMMON STOCK G491BT108 6754 271900 SH SOLE 271900 0 0 D JACKSONVILLE BANCORP INC FLA COMMON STOCK 469249106 873 333333 SH SOLE 333333 0 0 D JACKSONVILLE BANCORP INC MD COMMON STOCK 46924R106 792 48000 SH SOLE 48000 0 0 D JP MORGAN CHASE & CO COM STK COMMON STOCK 46625H100 9456 220000 SH SOLE 220000 0 0 D JP MORGAN CHASE WRNT EXP 10/28 WARRANTS 46634E114 1500 120000 SH SOLE 120000 0 0 D KEYCORP NY COM STK COMMON STOCK 493267108 22592 2810000 SH SOLE 2810000 0 0
Page: 5 D LOUISIANA BANCORP INC COM COMMON STOCK 54619P104 4001 247000 SH SOLE 247000 0 0 D MAINSOURCE FINANCIAL GROUP INC COMMON STOCK 56062Y102 1081 92500 SH SOLE 92500 0 0 D MARSH & MCLENNAN COMPANIES INC COMMON STOCK 571748102 13715 410000 SH SOLE 410000 0 0 D MB FINANCIAL INC COM STK COMMON STOCK 55264U108 2814 136124 SH SOLE 136124 0 0 D MERIDIAN INTERSTATE BNCRP INC COMMON STOCK 58964Q104 8321 621000 SH SOLE 621000 0 0 D METLIFE INC COM STK COMMON STOCK 59156R108 5621 156000 SH SOLE 156000 0 0 D MIDWESTONE FINANCIAL GRP INC COMMON STOCK 598511103 8719 417200 SH SOLE 417200 0 0 D MORGAN STANLEY COM STK COMMON STOCK 617446448 13392 775000 SH SOLE 775000 0 0 D MUTUALFIRST FINANCIAL INC COM COMMON STOCK 62845B104 2661 263500 SH SOLE 263500 0 0 D NATIONAL BANKSHARES INC COM COMMON STOCK 634865109 743 25000 SH SOLE 25000 0 0 D NEWPORT BANCORP INC COM STK COMMON STOCK 651754103 4733 344200 SH SOLE 344200 0 0 D NORTH VALLEY BANCORP COM STK COMMON STOCK 66304M204 2318 184300 SH SOLE 184300 0 0 D NORTHRIM BANCORP INC COMMON STOCK 666762109 6268 285700 SH SOLE 285700 0 0 D OBA FINANCIAL SERVICES INC COMMON STOCK 67424G101 2520 175000 SH SOLE 175000 0 0 D OCEANFIRST FINL CORP COM STK COMMON STOCK 675234108 10106 693600 SH SOLE 693600 0 0 D OMNIAMERICAN BANCORP INC COMMON STOCK 68216R107 12825 639636 SH SOLE 639636 0 0 D ONEIDA FINANCIAL CORP COM STK COMMON STOCK 682479100 1483 144700 SH SOLE 144700 0 0 D PACIFIC PREMIER BANCORP COM S COMMON STOCK 69478X105 5135 660000 SH SOLE 660000 0 0 D PALMETTO BANCSHARES INC COM ST COMMON STOCK 697062206 5412 987527 SH SOLE 987527 0 0 D PARK STERLING BK CHARLOTTE NC COMMON STOCK 70086Y105 6000 1273900 SH SOLE 1273900 0 0 D PEOPLES FED BANCSHARES INC COMMON STOCK 711037101 4285 260000 SH SOLE 260000 0 0 D PIPER JAFFRAY COMPANIES COM ST COMMON STOCK 724078100 1213 50000 SH SOLE 50000 0 0 D PNC FINL SERVICES GROUP INC COMMON STOCK 693475105 7295 110000 SH SOLE 110000 0 0 D POAGE BANKSHARES INC COM STK COMMON STOCK 730206109 3920 324000 SH SOLE 324000 0 0 D PREFERRED BANK COM STK COMMON STOCK 740367404 10356 833800 SH SOLE 833800 0 0 D PROVIDENT FINANCIAL HOLDINGS I COMMON STOCK 743868101 3167 289500 SH SOLE 289500 0 0 D REGIONS FINANCIAL CORP COM STK COMMON STOCK 7591EP100 4044 600000 SH SOLE 600000 0 0
Page: 6 D RIVERVIEW BANCORP INC COM STK COMMON STOCK 769397100 2848 1627400 SH SOLE 1627400 0 0 D ROCKVILLE FINL INC COM STK COMMON STOCK 774188106 4034 344500 SH SOLE 344500 0 0 D SANDY SPRING BANCORP INC COM COMMON STOCK 800363103 450 25000 SH SOLE 25000 0 0 D SAVANNAH BANCORP INC COM STK COMMON STOCK 804748101 363 71200 SH SOLE 71200 0 0 D SEACOAST BKG CORP FLA COMMON COMMON STOCK 811707306 3548 2190000 SH SOLE 2190000 0 0 D SI FINL GROUP INC COM STK COMMON STOCK 78425V104 4561 396600 SH SOLE 396600 0 0 D SIERRA BANCORP COM STK COMMON STOCK 82620P102 2610 284900 SH SOLE 284900 0 0 D SIMMONS FIRST NATION AL CORP C COMMON STOCK 828730200 12292 505000 SH SOLE 505000 0 0 D SOMERSET HILLS BANCORP BERNA COMMON STOCK 834728107 4572 514900 SH SOLE 514900 0 0 D SOUTHERN MISSOURI BANCORP INC COMMON STOCK 843380106 5408 220300 SH SOLE 220300 0 0 D STANDARD FINANCIAL CORP COMMON STOCK 853393106 5389 329600 SH SOLE 329600 0 0 D STATE BANK FINL CORP COM STK COMMON STOCK 856190103 38014 2203700 SH SOLE 2203700 0 0 D STATE INVESTORS BANCORP INC CO COMMON STOCK 857030100 3411 281900 SH SOLE 281900 0 0 D STATE STREET CORP COM STK COMMON STOCK 857477103 10400 225000 SH SOLE 225000 0 0 D STERLING BANCORP COM STK COMMON STOCK 859158107 4954 520900 SH SOLE 520900 0 0 D SUNTRUST BANKS INC COM STK COMMON STOCK 867914103 21124 870000 SH SOLE 870000 0 0 D SUNTRUST BANKS INC WRNT EXP WARRANTS 867914129 993 192765 SH SOLE 192765 0 0 D TCF FINANCIAL CORP COM STK COMMON STOCK 872275102 860 75000 SH SOLE 75000 0 0 D TERRITORIAL BANCORP INC COM ST COMMON STOCK 88145X108 7854 361600 SH SOLE 361600 0 0 D TEXAS CAPITAL BANCSHARES INC C COMMON STOCK 88224Q107 1320 35000 SH SOLE 35000 0 0 D TOMPKINS FINANCIAL CORP COM ST COMMON STOCK 890110109 3785 100000 SH SOLE 100000 0 0 D TRUSTCO BANK CORP NY COM STK COMMON STOCK 898349105 8655 1582200 SH SOLE 1582200 0 0 D UNITED CMNTY FINL CORP OHIO C COMMON STOCK 909839102 86 53400 SH SOLE 53400 0 0 D VIEWPOINT FINANCIAL GROUP COM COMMON STOCK 92672A101 251 15800 SH SOLE 15800 0 0 D WALKER & DUNLOP INC COMMON STOCK 93148P102 3082 236200 SH SOLE 236200 0 0 D WASHINGTON FEDERAL INC COM STK COMMON STOCK 938824109 5525 315000 SH SOLE 315000 0 0 D WELLS FARGO & CO 7.5% SER L PRFD STK (CONVRT 949746804 8881 7901 SH SOLE 7901 0 0 D WELLS FARGO COMPANY COMMON STOCK 949746101 501 15000 SH SOLE 15000 0 0
Page: 7 D WEST BANCORPORATION INC COM ST COMMON STOCK 95123P106 372 38800 SH SOLE 38800 0 0 D WEST COAST BANCORP COM STK COMMON STOCK 952145209 3322 170000 SH SOLE 170000 0 0 D WESTERN ALLIANCE BANCORP COM S COMMON STOCK 957638109 1010 115000 SH SOLE 115000 0 0 D WILLIS LEASE FINANCE CORP COM COMMON STOCK 970646105 1963 150400 SH SOLE 150400 0 0 D WILSHIRE BANCORP INC COM STK COMMON STOCK 97186T108 19832 3700000 SH SOLE 3700000 0 0 D WINTRUST FINL CORP COM STK COMMON STOCK 97650W108 8613 238400 SH SOLE 238400 0 0 D WOLVERINE BANCORP INC COMMON STOCK 977880103 2142 134300 SH SOLE 134300 0 0 D XENITH BANKSHARES INC COMMON STOCK 98410X105 4018 980000 SH SOLE 980000 0 0 D ZIONS BANCORPORATION COM STK COMMON STOCK 989701107 7646 375000 SH SOLE 375000 0 0 S REPORT SUMMARY 137 DATA RECORDS 768955 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
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