0001193125-12-423393.txt : 20121015 0001193125-12-423393.hdr.sgml : 20121015 20121015162624 ACCESSION NUMBER: 0001193125-12-423393 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120930 FILED AS OF DATE: 20121015 DATE AS OF CHANGE: 20121015 EFFECTIVENESS DATE: 20121015 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: 121144076 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 d424982d13fhr.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: September 30, 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 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 October 15, 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: 139 Form 13F Information Table Value Total: 826545 FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF 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 3831 842000 SH SOLE 842000 0 0 D 1ST UNITED BANCORP INC. (FL) C COMMON STOCK 33740N105 8144 1262600 SH SOLE 1262600 0 0 D ACCESS NATL CORP COM STK COMMON STOCK 004337101 1623 118800 SH SOLE 118800 0 0 D AERCAP HOLDINGS NV COM STK COMMON STOCK N00985106 3223 257800 SH SOLE 257800 0 0 D AFFILIATED MANAGERS GROUP INC COMMON STOCK 008252108 1230 10000 SH SOLE 10000 0 0 D ALLIANCE BANCORP INC OF PA COMMON STOCK 01890A108 2666 215000 SH SOLE 215000 0 0 D AMERICAN INTERNATIONAL GRP INC COMMON STOCK 026874784 6243 190400 SH SOLE 190400 0 0 D AMERICAN RIVER BANKSHARES COM COMMON STOCK 029326105 6992 920000 SH SOLE 920000 0 0 D ASB BANCORP INC COM STK COMMON STOCK 00213T109 2148 138600 SH SOLE 138600 0 0 D ATHENS BANCSHARES CORP COM STK COMMON STOCK 047042106 4040 245000 SH SOLE 245000 0 0 D BANCFIRST CORP COM STK COMMON STOCK 05945F103 9408 219000 SH SOLE 219000 0 0 D BANK MUTUAL CORP COM STK COMMON STOCK 063750103 2671 587100 SH SOLE 587100 0 0 D BANK OF AMERICA CORP COM STK COMMON STOCK 060505104 4580 518700 SH SOLE 518700 0 0 D BANNER CORP COM STK COMMON STOCK 06652V208 798 29400 SH SOLE 29400 0 0 D BAR HARBOR BANKSHARES COM STK COMMON STOCK 066849100 5583 156200 SH SOLE 156200 0 0 D BERKSHIRE HILLS BANCORP INC COMMON STOCK 084680107 1245 54418 SH SOLE 54418 0 0 D BLACKROCK INC COM STK COMMON STOCK 09247X101 1997 11200 SH SOLE 11200 0 0 D BRIDGE BANCORP INC COM STK COMMON STOCK 108035106 5991 257000 SH SOLE 257000 0 0 D BRIDGE CAPITAL HOLDINGS COMMON STOCK 108030107 5239 338900 SH SOLE 338900 0 0 D BROWN & BROWN INC COM STK COMMON STOCK 115236101 261 10000 SH SOLE 10000 0 0 D BSB BANCORP INC. COM STK COMMON STOCK 05573H108 6126 474900 SH SOLE 474900 0 0 D CAPITAL ONE FINL COR COM STK COMMON STOCK 14040H105 24948 437600 SH SOLE 437600 0 0 D CENTRAL PACIFIC FINANCIAL CORP COMMON STOCK 154760409 263 18400 SH SOLE 18400 0 0 D CENTURY BANCORP INC COM STK COMMON STOCK 156432106 7843 245700 SH SOLE 245700 0 0 D CHICOPEE BANCORP INC COM STK COMMON STOCK 168565109 3848 266300 SH SOLE 266300 0 0 D CITIGROUP INC COM STK COMMON STOCK 172967424 22881 699300 SH SOLE 699300 0 0 D CITIZENS & NORTHN CO RP COM ST COMMON STOCK 172922106 2940 149900 SH SOLE 149900 0 0 D CITY NATIONAL CORP CA COM STK COMMON STOCK 178566105 6341 123100 SH SOLE 123100 0 0 D COBIZ FINANCIAL INC COM STK COMMON STOCK 190897108 2870 410000 SH SOLE 410000 0 0 D COLONIAL FINL SERVICES INC COMMON STOCK 19566B101 1026 76200 SH SOLE 76200 0 0 D COMERICA INC COM STK COMMON STOCK 200340107 31261 1006800 SH SOLE 1006800 0 0 D COMMUNITY BANK SYSTEM INC COMMON STOCK 203607106 5314 188500 SH SOLE 188500 0 0 D DORAL FINL CORP COM STK COMMON STOCK 25811P886 4200 4465000 SH SOLE 4465000 0 0 D EAGLE BANCORP INC COM STK COMMON STOCK 268948106 2879 172200 SH SOLE 172200 0 0 D EAGLE BANCORP MONTANA INC COM COMMON STOCK 26942G100 3255 300000 SH SOLE 300000 0 0 D ESSA BANCORP INC COM STK COMMON STOCK 29667D104 935 90000 SH SOLE 90000 0 0 D EVANS BANCORP INC COM STK COMMON STOCK 29911Q208 5872 372800 SH SOLE 372800 0 0 D EVERCORE PARTNERS INC COM STK COMMON STOCK 29977A105 9717 359900 SH SOLE 359900 0 0 D FEDFIRST FINANCIAL CORP COM ST COMMON STOCK 31429C101 1902 126400 SH SOLE 126400 0 0 D FIDELITY SOUTHERN CORP COM STK COMMON STOCK 316394105 473 50000 SH SOLE 50000 0 0 D FIRST CITIZENS BANCSHARES INC COMMON STOCK 31946M103 7151 43900 SH SOLE 43900 0 0 D FIRST COMMUNITY CORP COM STK COMMON STOCK 319835104 3529 418600 SH SOLE 418600 0 0 D FIRST DEFIANCE FINANCIAL CORP COMMON STOCK 32006W106 4714 273100 SH SOLE 273100 0 0 D FIRST FINANCIAL BANCORP OHIO COMMON STOCK 320209109 16876 998000 SH SOLE 998000 0 0 D FIRST HORIZON NATIONAL CORP COMMON STOCK 320517105 2889 300000 SH SOLE 300000 0 0 D FIRST INTERSTATE BANCSYSTEM COMMON STOCK 32055Y201 793 53000 SH SOLE 53000 0 0 D FIRST MIDWEST BANCORP INC DEL COMMON STOCK 320867104 24084 1917500 SH SOLE 1917500 0 0 D FLAGSTAR BANCORP INC COM STK COMMON STOCK 337930507 385 350000 SH SOLE 350000 0 0 D FLUSHING FINANCIAL CORP COM ST COMMON STOCK 343873105 2820 178500 SH SOLE 178500 0 0 D FORTEGRA FINL CORP COM STK COMMON STOCK 34954W104 397 50000 SH SOLE 50000 0 0 D FOX CHASE BANCORP INC COM STK COMMON STOCK 35137T108 8122 520000 SH SOLE 520000 0 0 D ARTHUR J. GALLAGHER & CO COM COMMON STOCK 363576109 10692 298500 SH SOLE 298500 0 0 D GEORGETOWN BANCORP INC COM STK COMMON STOCK 372591107 1261 114620 SH SOLE 114620 0 0 D GUARANTY BANCORP COM STK COMMON STOCK 40075T102 299 148000 SH SOLE 148000 0 0 D HAMPTON ROADS BANCSHARES INC COMMON STOCK 409321502 1174 782531 SH SOLE 782531 0 0 D HANCOCK HOLDING COMPANY COM COMMON STOCK 410120109 886 28600 SH SOLE 28600 0 0 D HERITAGE FINANCIAL CORPORATIO COMMON STOCK 42722X106 7247 482200 SH SOLE 482200 0 0 D HERITAGE OAKS BANCORP COM STK COMMON STOCK 42724R107 10380 1802000 SH SOLE 1802000 0 0 D HF FINANCIAL CORP COM STK COMMON STOCK 404172108 8035 655900 SH SOLE 655900 0 0 D HINGHAM INSTITUTION FOR SVGS COMMON STOCK 433323102 2577 40000 SH SOLE 40000 0 0 D HOME FEDERAL BANCORP INC LA C COMMON STOCK 43708L108 3927 220000 SH SOLE 220000 0 0 D HOMETRUST BANCSHARES INC COM COMMON STOCK 437872104 5851 441600 SH SOLE 441600 0 0 D HOPFED BANCORP INC COM STK COMMON STOCK 439734104 5510 734602 SH SOLE 734602 0 0 D HUNTINGTON BANCSHARES INC COM COMMON STOCK 446150104 2758 400000 SH SOLE 400000 0 0 D IF BANCORP INC COM STK COMMON STOCK 44951J105 5031 382600 SH SOLE 382600 0 0 D INVESCO LTD COM STK COMMON STOCK G491BT108 6088 243600 SH SOLE 243600 0 0 D JACKSONVILLE BANCORP INC FLA COMMON STOCK 469249106 307 333333 SH SOLE 333333 0 0 D JACKSONVILLE BANCORP INC IL COMMON STOCK 46924R106 794 48100 SH SOLE 48100 0 0 D JP MORGAN CHASE & CO COM STK COMMON STOCK 46625H100 9715 240000 SH SOLE 240000 0 0 D JP MORGAN CHASE WRNT EXP 10/28 WARRANTS 46634E114 1312 127500 SH SOLE 127500 0 0 D KEYCORP NY COM STK COMMON STOCK 493267108 25179 2880900 SH SOLE 2880900 0 0 D LOUISIANA BANCORP INC COM COMMON STOCK 54619P104 3224 201000 SH SOLE 201000 0 0 D LPL FINANCIAL HOLDINGS INC COM COMMON STOCK 50212V100 571 20000 SH SOLE 20000 0 0 D M&T BANK CORPORATION COMMON STOCK 55261F104 4396 46200 SH SOLE 46200 0 0 D MAINSOURCE FINANCIAL GROUP INC COMMON STOCK 56062Y102 1475 114900 SH SOLE 114900 0 0 D MB FINANCIAL INC COM STK COMMON STOCK 55264U108 11109 562500 SH SOLE 562500 0 0 D MERIDIAN INTERSTATE BNCRP INC COMMON STOCK 58964Q104 10890 660000 SH SOLE 660000 0 0 D METLIFE INC COM STK COMMON STOCK 59156R108 3274 95000 SH SOLE 95000 0 0 D MIDWESTONE FINANCIAL GRP INC COMMON STOCK 598511103 5167 239900 SH SOLE 239900 0 0 D MORGAN STANLEY COM STK COMMON STOCK 617446448 16635 993700 SH SOLE 993700 0 0 D MUTUALFIRST FINANCIA L INC COM COMMON STOCK 62845B104 3114 272200 SH SOLE 272200 0 0 D NEWPORT BANCORP INC COM STK COMMON STOCK 651754103 5111 344200 SH SOLE 344200 0 0 D NORTH VALLEY BANCORP COM STK COMMON STOCK 66304M204 4585 337400 SH SOLE 337400 0 0 D NORTHEAST BANCORP COM STK COMMON STOCK 663904209 329 34600 SH SOLE 34600 0 0 D NORTHRIM BANCORP INC COMMON STOCK 666762109 5984 297100 SH SOLE 297100 0 0 D OBA FINANCIAL SERVIC ES INC COMMON STOCK 67424G101 3222 212700 SH SOLE 212700 0 0 D OCEANFIRST FINL CORP COM STK COMMON STOCK 675234108 10175 693600 SH SOLE 693600 0 0 D OMNIAMERICAN BANCORP INC COMMON STOCK 68216R107 18107 796620 SH SOLE 796620 0 0 D ONEIDA FINANCIAL CORP COM STK COMMON STOCK 682479100 1632 150700 SH SOLE 150700 0 0 D PACIFIC PREMIER BANCORP COM S COMMON STOCK 69478X105 6144 644000 SH SOLE 644000 0 0 D PALMETTO BANCSHARES INC COM ST COMMON STOCK 697062206 7823 977895 SH SOLE 977895 0 0 D PARK STERLING BK CHARLOTTE NC COMMON STOCK 70086Y105 6614 1338900 SH SOLE 1338900 0 0 D PEOPLES FED BANCSHARES INC COMMON STOCK 711037101 4493 260000 SH SOLE 260000 0 0 D PIPER JAFFRAY COMPANIES COM ST COMMON STOCK 724078100 4777 187689 SH SOLE 187689 0 0 D PNC FINANCIAL SERVICES GRP INC COMMON STOCK 693475105 3471 55000 SH SOLE 55000 0 0 D POAGE BANKSHARES INC COM STK COMMON STOCK 730206109 3992 324000 SH SOLE 324000 0 0 D PREFERRED BANK COM STK COMMON STOCK 740367404 10255 723200 SH SOLE 723200 0 0 D REGIONS FINANCIAL CORP COM STK COMMON STOCK 7591EP100 1440 200000 SH SOLE 200000 0 0 D RIVERVIEW BANCORP INC COM STK COMMON STOCK 769397100 2221 1627400 SH SOLE 1627400 0 0 D ROCKVILLE FINL INC COM STK COMMON STOCK 774188106 236 19200 SH SOLE 19200 0 0 D SANDY SPRING BANCORP INC COM COMMON STOCK 800363103 1033 53658 SH SOLE 53658 0 0 D SAVANNAH BANCORP INC COM STK COMMON STOCK 804748101 696 69600 SH SOLE 69600 0 0 D SEACOAST BKG CORP FLA COMMON COMMON STOCK 811707306 3737 2350000 SH SOLE 2350000 0 0 D SI FINL GROUP INC COM STK COMMON STOCK 78425V104 4227 360700 SH SOLE 360700 0 0 D SIERRA BANCORP COM STK COMMON STOCK 82620P102 3253 265300 SH SOLE 265300 0 0 D SIMMONS FIRST NATION AL CORP C COMMON STOCK 828730200 18737 769325 SH SOLE 769325 0 0 D SOMERSET HILLS BANCORP BERNA COMMON STOCK 834728107 4351 514900 SH SOLE 514900 0 0 D SOUTHERN MISSOURI BANCORP INC COMMON STOCK 843380106 5305 220300 SH SOLE 220300 0 0 D SOUTHWEST BANCORP INC COM STK COMMON STOCK 844767103 5425 500000 SH SOLE 500000 0 0 D SPDR S&P 500 ETF TRUST COMMON STOCK 78462F103 4319 30000 SH CALL SOLE 30000 0 0 D SPDR S&P 500 ETF TRUST COMMON STOCK 78462F103 35993 250000 SH PUT SOLE 250000 0 0 D SPDR S&P 500 ETF TRUST COMMON STOCK 78462F103 4319 30000 SH PUT SOLE 30000 0 0 D SPDR S&P 500 ETF TRUST COMMON STOCK 78462F103 14397 100000 SH PUT SOLE 100000 0 0 D STANDARD FINANCIAL CORP COMMON STOCK 853393106 5554 329600 SH SOLE 329600 0 0 D STATE BANK FINL CORP COM STK COMMON STOCK 856190103 37343 2264600 SH SOLE 2264600 0 0 D STATE INVESTORS BANCORP INC CO COMMON STOCK 857030100 3763 281900 SH SOLE 281900 0 0 D STATE STREET CORPORATION COM SOMMON STOCK 857477103 6856 163400 SH SOLE 163400 0 0 D STERLING BANCORP COM STK COMMON STOCK 859158107 3578 360700 SH SOLE 360700 0 0 D STERLING FINANCIAL CORP COM COMMON STOCK 859319303 8908 400000 SH SOLE 400000 0 0 D SUNSHINE FINANCIAL INC COM STK COMMON STOCK 86782T109 848 80000 SH SOLE 80000 0 0 D SUNTRUST BANKS INC COM STK COMMON STOCK 867914103 7672 271400 SH SOLE 271400 0 0 D SUNTRUST BANKS INC WRNT EXP WARRANTS 867914129 1279 215000 SH SOLE 215000 0 0 D TAYLOR CAPITAL GROUP INC COM COMMON STOCK 876851106 6334 370000 SH SOLE 370000 0 0 D TERRITORIAL BANCORP INC COM ST COMMON STOCK 88145X108 9086 395900 SH SOLE 395900 0 0 D TEXAS CAPITAL BANCSHARES INC C COMMON STOCK 88224Q107 7457 150000 SH SOLE 150000 0 0 D TOMPKINS FINANCIAL CORP COM ST COMMON STOCk 890110109 1333 32900 SH SOLE 32900 0 0 D TRUSTCO BANK CORP NY COM STK COMMON STOCK 898349105 173 30264 SH SOLE 30264 0 0 D UNITED CMNTY FINL CORP OHIO C COMMON STOCK 909839102 186 53400 SH SOLE 53400 0 0 D WALKER & DUNLOP INC COMMON STOCK 93148P102 3381 220000 SH SOLE 220000 0 0 D WASHINGTON FEDERAL INC COM STK COMMON STOCK 938824109 1166 70000 SH SOLE 70000 0 0 D WELLS FARGO COMPANY COMMON STOCK 949746101 5104 147800 SH SOLE 147800 0 0 D WEST BANCORPORATION INC COM ST COMMON STOCK 95123P106 337 28000 SH SOLE 28000 0 0 D WEST END INDIANA BNCSHRS INC COMMON STOCK 952678100 1846 138000 SH SOLE 138000 0 0 D WILLIS LEASE FINANCE CORP COM COMMON STOCK 970646105 1856 150400 SH SOLE 150400 0 0 D WILSHIRE BANCORP INC COM STK COMMON STOCK 97186T108 10939 1736400 SH SOLE 1736400 0 0 D WINTRUST FINL CORP COM STK COMMON STOCK 97650W108 5575 148400 SH SOLE 148400 0 0 D WOLVERINE BANCORP INC COMMON STOCK 977880103 2350 134300 SH SOLE 134300 0 0 D XENITH BANKSHARES INC COMMON STOCK 98410X105 4817 1025000 SH SOLE 1025000 0 0 D ZIONS BANCORPORATION COM STK COMMON STOCK 989701107 18956 917500 SH SOLE 917500 0 0 S REPORT SUMMARY 139 DATA RECORDS 826545 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED