0001193125-12-355513.txt : 20120814 0001193125-12-355513.hdr.sgml : 20120814 20120814160226 ACCESSION NUMBER: 0001193125-12-355513 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120630 FILED AS OF DATE: 20120814 DATE AS OF CHANGE: 20120814 EFFECTIVENESS DATE: 20120814 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: 121032704 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 d395396d13fhr.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: June 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 August 14, 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: 131 Form 13F Information Table Value Total: 722327 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 3957 842000 SH SOLE 842000 0 0 D 1ST UNITED BANCORP INC. (FL) C COMMON STOCK 33740N105 7841 1262600 SH SOLE 1262600 0 0 D ACCESS NATL CORP COM STK COMMON STOCK 004337101 1572 120000 SH SOLE 120000 0 0 D AFFILIATED MANAGERS GROUP INC COMMON STOCK 008252108 2123 19400 SH SOLE 19400 0 0 D ALLIANCE BANCORP INC OF PA COMMON STOCK 01890A108 2600 213100 SH SOLE 213100 0 0 D AMERICAN RIVER BANKSHARES COM COMMON STOCK 029326105 6807 935000 SH SOLE 935000 0 0 D AON PLC COM STK COMMON STOCK G0408V102 4126 88200 SH SOLE 88200 0 0 D ASB BANCORP INC COM STK COMMON STOCK 00213T109 1975 138600 SH SOLE 138600 0 0 D ASTORIA FINANCIAL CORP COM STK COMMON STOCK 046265104 980 100000 SH SOLE 100000 0 0 D ATHENS BANCSHARES CORP COM STK COMMON STOCK 047042106 3806 260000 SH SOLE 260000 0 0 D BANCFIRST CORP COM STK COMMON STOCK 05945F103 9061 216200 SH SOLE 216200 0 0 D BANK MUTUAL CORP COM STK COMMON STOCK 063750103 2205 500000 SH SOLE 500000 0 0 D BANK OF NEW YORK MELLON CORP COMMON STOCK 064058100 878 40000 SH SOLE 40000 0 0 D BANNER CORP COM STK COMMON STOCK 06652V208 8580 391600 SH SOLE 391600 0 0 D BAR HARBOR BANKSHARES COM STK COMMON STOCK 066849100 7232 200900 SH SOLE 200900 0 0 D BOSTON PRIVATE FINL HOLDINGS COMMON STOCK 101119105 670 75000 SH SOLE 75000 0 0 D BRIDGE BANCORP INC COM STK COMMON STOCK 108035106 6131 259900 SH SOLE 259900 0 0 D BRIDGE CAPITAL HOLDINGS COMMON STOCK 108030107 6003 371700 SH SOLE 371700 0 0 D BSB BANCORP INC. COM STK COMMON STOCK 05573H108 6055 474900 SH SOLE 474900 0 0 D CAPITAL ONE FINL COR COM STK COMMON STOCK 14040H105 1913 35000 SH SOLE 35000 0 0 D CENTERSTATE BANKS INC COM STK COMMON STOCK 15201P109 104 14500 SH SOLE 14500 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 7870 264700 SH SOLE 264700 0 0 D CHICOPEE BANCORP INC COM STK COMMON STOCK 168565109 3775 260700 SH SOLE 260700 0 0 D CITIGROUP INC COM STK COMMON STOCK 172967424 24570 896400 SH SOLE 896400 0 0 D CITIZENS & NORTHN CO RP COM ST COMMON STOCK 172922106 3837 201400 SH SOLE 201400 0 0 D CITIZENS REPUBLIC BANCORP INC COMMON STOCK 174420307 5653 330000 SH SOLE 330000 0 0 D CITY NATIONAL CORP CA COM STK COMMON STOCK 178566105 6315 130000 SH SOLE 130000 0 0 D CLIFTON SAVINGS BANCORP INC COMMON STOCK 18712Q103 7255 696900 SH SOLE 696900 0 0 D COBIZ FINANCIAL INC COM STK COMMON STOCK 190897108 3671 586500 SH SOLE 586500 0 0 D COLONIAL FINL SERVICES INC COMMON STOCK 19566B101 942 72000 SH SOLE 72000 0 0 D COLUMBIA BANKING SYSTEM INC COMMON STOCK 197236102 2694 143400 SH SOLE 143400 0 0 D COMERICA INC COM STK COMMON STOCK 200340107 27740 903300 SH SOLE 903300 0 0 D DORAL FINL CORP COM STK COMMON STOCK 25811P886 7371 4914052 SH SOLE 4914052 0 0 D EAGLE BANCORP INC COM STK COMMON STOCK 268948106 2054 130435 SH SOLE 130435 0 0 D EAGLE BANCORP MONTANA INC COM COMMON STOCK 26942G100 3000 300000 SH SOLE 300000 0 0 D ESSA BANCORP INC COM STK COMMON STOCK 29667D104 1083 100300 SH SOLE 100300 0 0 D EVANS BANCORP INC COM STK COMMON STOCK 29911Q208 6149 372900 SH SOLE 372900 0 0 D EVERCORE PARTNERS INC COM STK COMMON STOCK 29977A105 7419 317200 SH SOLE 317200 0 0 D FEDFIRST FINANCIAL CORP COM ST COMMON STOCK 31429C101 1721 120400 SH SOLE 120400 0 0 D FIRST CITIZENS BANCSHARES INC COMMON STOCK 31946M103 5516 33100 SH SOLE 33100 0 0 D FIRST CONNECTICUT BANCORP INC COMMON STOCK 319850103 1181 87500 SH SOLE 87500 0 0 D FIRST DEFIANCE FINANCIAL CORP COMMON STOCK 32006W106 4674 273000 SH SOLE 273000 0 0 D FIRST FINANCIAL BANCORP OHIO COMMON STOCK 320209109 17396 1088600 SH SOLE 1088600 0 0 D FIRST FINANCIAL HOLDINGS INC COMMON STOCK 320239106 268 25000 SH SOLE 25000 0 0 D FIRST HORIZON NATIONAL CORP COMMON STOCK 320517105 7115 822500 SH SOLE 822500 0 0 D FIRST MIDWEST BANCORP INC DEL COMMON STOCK 320867104 28015 2551437 SH SOLE 2551437 0 0 D FIRSTBANK CORPORATION COMMON STOCK 33761G104 1005 102500 SH SOLE 102500 0 0 D FLUSHING FINANCIAL CORP COM ST COMMON STOCK 343873105 2385 175000 SH SOLE 175000 0 0 D FORTEGRA FINL CORP COM STK COMMON STOCK 34954W104 400 50000 SH SOLE 50000 0 0 D FOX CHASE BANCORP INC COM STK COMMON STOCK 35137T108 7509 520000 SH SOLE 520000 0 0 D ARTHUR J. GALLAGHER & CO COM COMMON STOCK 363576109 7277 207500 SH SOLE 207500 0 0 D GUARANTY BANCORP COM STK COMMON STOCK 40075T102 309 148000 SH SOLE 148000 0 0 D HERITAGE COMM CORP COM STK COMMON STOCK 426927109 747 115000 SH SOLE 115000 0 0 D HERITAGE FINANCIAL CORPORATIO COMMON STOCK 42722X106 7823 534000 SH SOLE 534000 0 0 D HERITAGE OAKS BANCORP COM STK COMMON STOCK 42724R107 10037 1802000 SH SOLE 1802000 0 0 D HF FINANCIAL CORP COM STK COMMON STOCK 404172108 7963 655900 SH SOLE 655900 0 0 D HINGHAM INSTITUTION FOR SVGS COMMON STOCK 433323102 3005 49700 SH SOLE 49700 0 0 D HOME FEDERAL BANCORP INC LA C COMMON STOCK 43708L108 3627 245900 SH SOLE 245900 0 0 D HOPFED BANCORP INC COM STK COMMON STOCK 439734104 5289 734602 SH SOLE 734602 0 0 D HUDSON CITY BANCORP INC COM S COMMON STOCK 443683107 159 25000 SH SOLE 25000 0 0 D HUNTINGTON BANCSHARES INC COM COMMON STOCK 446150104 10080 1575000 SH SOLE 1575000 0 0 D IF BANCORP INC COM STK COMMON STOCK 44951J105 4851 366400 SH SOLE 366400 0 0 D INVESCO LTD COM STK COMMON STOCK G491BT108 6256 276800 SH SOLE 276800 0 0 D JACKSONVILLE BANCORP INC FLA COMMON STOCK 469249106 503 333333 SH SOLE 333333 0 0 D JACKSONVILLE BANCORP INC MD COMMON STOCK 46924R106 813 48100 SH SOLE 48100 0 0 D JP MORGAN CHASE WRNT EXP 10/28 WARRANTS 46634E114 1246 127500 SH SOLE 127500 0 0 D KEYCORP NY COM STK COMMON STOCK 493267108 22600 2919900 SH SOLE 2919900 0 0 D LOUISIANA BANCORP INC COM COMMON STOCK 54619P104 3236 201000 SH SOLE 201000 0 0 D MAINSOURCE FINANCIAL GROUP INC COMMON STOCK 56062Y102 1293 109300 SH SOLE 109300 0 0 D MARSH & MCLENNAN COMPANIES INC COMMON STOCK 571748102 12247 380000 SH SOLE 380000 0 0 D MB FINANCIAL INC COM STK COMMON STOCK 55264U108 3085 143200 SH SOLE 143200 0 0 D MERIDIAN INTERSTATE BNCRP INC COMMON STOCK 58964Q104 9187 660000 SH SOLE 660000 0 0 D METLIFE INC COM STK COMMON STOCK 59156R108 4813 156000 SH SOLE 156000 0 0 D MIDWESTONE FINANCIAL GRP INC COMMON STOCK 598511103 6048 281300 SH SOLE 281300 0 0 D MORGAN STANLEY COM STK COMMON STOCK 617446448 15070 1032900 SH SOLE 1032900 0 0 D MUTUALFIRST FINANCIA L INC COM COMMON STOCK 62845B104 2769 263700 SH SOLE 263700 0 0 D NATIONAL BANKSHARES INC COM COMMON STOCK 634865109 220 7300 SH SOLE 7300 0 0 D NEWPORT BANCORP INC COM STK COMMON STOCK 651754103 4698 344200 SH SOLE 344200 0 0 D NORTH VALLEY BANCORP COM STK COMMON STOCK 66304M204 2461 186600 SH SOLE 186600 0 0 D NORTHEAST BANCORP COM STK COMMON STOCK 663904209 3445 406200 SH SOLE 406200 0 0 D NORTHRIM BANCORP INC COMMON STOCK 666762109 6140 285700 SH SOLE 285700 0 0 D OBA FINANCIAL SERVIC ES INC COMMON STOCK 67424G101 2970 200000 SH SOLE 200000 0 0 D OCEANFIRST FINL CORP COM STK COMMON STOCK 675234108 9960 693600 SH SOLE 693600 0 0 D OMNIAMERICAN BANCORP INC COMMON STOCK 68216R107 17072 796620 SH SOLE 796620 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 5440 647600 SH SOLE 647600 0 0 D PALMETTO BANCSHARES INC COM ST COMMON STOCK 697062206 7334 977895 SH SOLE 977895 0 0 D PARK STERLING BK CHARLOTTE NC COMMON STOCK 70086Y105 6071 1288900 SH SOLE 1288900 0 0 D PEOPLES FED BANCSHARES INC COMMON STOCK 711037101 4342 260000 SH SOLE 260000 0 0 D PIPER JAFFRAY COMPANIES COM ST COMMON STOCK 724078100 2577 110000 SH SOLE 110000 0 0 D POAGE BANKSHARES INC COM STK COMMON STOCK 730206109 4092 324000 SH SOLE 324000 0 0 D PREFERRED BANK COM STK COMMON STOCK 740367404 9619 720000 SH SOLE 720000 0 0 D PROVIDENT FINANCIAL HOLDINGS I COMMON STOCK 743868101 626 54300 SH SOLE 54300 0 0 D REGIONS FINANCIAL CORP COM STK COMMON STOCK 7591EP100 2025 300000 SH SOLE 300000 0 0 D RIVERVIEW BANCORP INC COM STK COMMON STOCK 769397100 2034 1627400 SH SOLE 1627400 0 0 D ROCKVILLE FINL INC COM STK COMMON STOCK 774188106 3986 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 345 71200 SH SOLE 71200 0 0 D SEACOAST BKG CORP FLA COMMON COMMON STOCK 811707306 3367 2259700 SH SOLE 2259700 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 2655 268200 SH SOLE 268200 0 0 D SIMMONS FIRST NATION AL CORP C COMMON STOCK 828730200 17754 763625 SH SOLE 763625 0 0 D SOMERSET HILLS BANCORP BERNA COMMON STOCK 834728107 4377 514900 SH SOLE 514900 0 0 D SOUTHERN MISSOURI BANCORP INC COMMON STOCK 843380106 4736 220300 SH SOLE 220300 0 0 D SOUTHWEST BANCORP INC COM STK COMMON STOCK 844767103 639 67900 SH SOLE 67900 0 0 D STANDARD FINANCIAL CORP COMMON STOCK 853393106 5323 329600 SH SOLE 329600 0 0 D STATE BANK FINL CORP COM STK COMMON STOCK 856190103 34239 2258500 SH SOLE 2258500 0 0 D STATE INVESTORS BANCORP INC CO COMMON STOCK 857030100 3732 281900 SH SOLE 281900 0 0 D STERLING BANCORP COM STK COMMON STOCK 859158107 3512 351900 SH SOLE 351900 0 0 D STERLING FINANCIAL CORP COM COMMON STOCK 859319303 3551 188000 SH SOLE 188000 0 0 D SUNTRUST BANKS INC COM STK COMMON STOCK 867914103 23988 990000 SH SOLE 990000 0 0 D SUNTRUST BANKS INC WRNT EXP WARRANTS 867914129 1148 215000 SH SOLE 215000 0 0 D TCF FINANCIAL CORP COM STK COMMON STOCK 872275102 1722 150000 SH SOLE 150000 0 0 D TERRITORIAL BANCORP INC COM ST COMMON STOCK 88145X108 9015 395900 SH SOLE 395900 0 0 D TEXAS CAPITAL BANCSHARES INC C COMMON STOCK 88224Q107 1414 35000 SH SOLE 35000 0 0 D TOMPKINS FINANCIAL CORP COM ST COMMON STOCk 890110109 2152 57100 SH SOLE 57100 0 0 D TRUSTCO BANK CORP NY COM STK COMMON STOCK 898349105 8562 1568200 SH SOLE 1568200 0 0 D UNITED CMNTY FINL CORP OHIO C COMMON STOCK 909839102 159 53400 SH SOLE 53400 0 0 D VIEWPOINT FINANCIAL GROUP COM COMMON STOCK 92672A101 247 15800 SH SOLE 15800 0 0 D WALKER & DUNLOP INC COMMON STOCK 93148P102 3035 236200 SH SOLE 236200 0 0 D WASHINGTON FEDERAL INC COM STK COMMON STOCK 938824109 2451 145100 SH SOLE 145100 0 0 D WELLS FARGO COMPANY COMMON STOCK 949746101 3010 90000 SH SOLE 90000 0 0 D WEST BANCORPORATION INC COM ST COMMON STOCK 95123P106 681 71600 SH SOLE 71600 0 0 D WEST COAST BANCORP COM STK COMMON STOCK 952145209 3232 164500 SH SOLE 164500 0 0 D WILLIS LEASE FINANCE CORP COM COMMON STOCK 970646105 1853 150400 SH SOLE 150400 0 0 D WILSHIRE BANCORP INC COM STK COMMON STOCK 97186T108 15280 2793500 SH SOLE 2793500 0 0 D WINTRUST FINL CORP COM STK COMMON STOCK 97650W108 7398 208400 SH SOLE 208400 0 0 D WOLVERINE BANCORP INC COMMON STOCK 977880103 2216 134300 SH SOLE 134300 0 0 D XENITH BANKSHARES INC COMMON STOCK 98410X105 4060 978400 SH SOLE 978400 0 0 D ZIONS BANCORPORATION COM STK COMMON STOCK 989701107 11264 580000 SH SOLE 580000 0 0 S REPORT SUMMARY 131 DATA RECORDS 722327 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED