The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ANCHOR BANCORP WA Common 32838104 1,938 95,000 SH   DFND 1 95,000 0 0
ANCHOR BANCORP WA Common 32838104 3,197 156,725 SH   DFND 1 156,725 0 0
ANCHOR BANCORP WIS INC DEL Common 03283P106 7,226 209,800 SH   DFND 1 209,800 0 0
BLUE HILLS BANCORP INC Common 95573101 815 60,000 SH   DFND 1 60,000 0 0
CB FINL SVCS INC Common 12479G101 1,017 51,081 SH   DFND 1 51,081 0 0
CB FINL SVCS INC Common 12479G101 1,953 98,162 SH   DFND 1 98,162 0 0
CHEVIOT FINL CORP NEW Common 16677X105 853 60,000 SH   DFND 1 60,000 0 0
CLIFTON BANCORP INC Common 186873105 95 6,986 SH   DFND 1 6,986 0 0
COASTWAY BANCORP INC Common 190632109 232 20,000 SH   DFND 1 20,000 0 0
COLONIAL FINL SVCS INC Common 19566B101 804 60,000 SH   DFND 1 60,000 0 0
COLONIAL FINL SVCS INC Common 19566B101 4,015 299,596 SH   DFND 1 299,596 0 0
ENTEGRA FINL CORP Common 29363J108 1,871 130,000 SH   DFND 1 130,000 0 0
ENTEGRA FINL CORP Common 29363J108 1,539 106,968 SH   DFND 1 106,968 0 0
ESSA BANCORP INC Common 29667D104 420 35,000 SH   DFND 1 35,000 0 0
FIRST BANCORP P R Common 318672706 1,057 180,000 SH   DFND 1 180,000 0 0
FIRST FED NORTHN MICH BANCOR Common 32021X105 746 135,900 SH   DFND 1 135,900 0 0
FIRST FINANCIAL NORTHWEST IN Common 32022K102 314 26,100 SH   DFND 1 26,100 0 0
FIRST FINANCIAL NORTHWEST IN Common 32022K102 15,556 1,292,000 SH   DFND 1 1,292,000 0 0
FIRST SAVINGS FINL GROUP INC Common 33621E103 525 20,000 SH   DFND 1 20,000 0 0
FS BANCORP INC Common 30263Y104 2,190 120,000 SH   DFND 1 120,000 0 0
GEORGETOWN BANCORP INC MD Common 372591107 1,234 75,000 SH   DFND 1 75,000 0 0
GEORGETOWN BANCORP INC MD Common 372591107 1,069 65,000 SH   DFND 1 65,000 0 0
HAMILTON BANCORP INC MD Common 407015106 1,170 90,000 SH   DFND 1 90,000 0 0
HAMILTON BANCORP INC MD Common 407015106 2,926 225,101 SH   DFND 1 225,101 0 0
HOME FED BANCORP INC LA NEW Common 43708L108 1,367 70,000 SH   DFND 1 70,000 0 0
HOMETRUST BANCSHARES INC Common 437872104 1,999 120,000 SH   DFND 1 120,000 0 0
HOPFED BANCORP INC Common 439734104 8,772 689,628 SH   DFND 1 689,628 0 0
IF BANCORP INC Common 44951J105 386 22,833 SH   DFND 1 22,833 0 0
IF BANCORP INC Common 44951J105 6,228 368,278 SH   DFND 1 368,278 0 0
INVESTORS BANCORP INC NEW Common 46146L101 1,796 160,000 SH   DFND 1 160,000 0 0
JACKSONVILLE BANCORP INC MD Common 46924R106 1,150 50,000 SH   DFND 1 50,000 0 0
JACKSONVILLE BANCORP INC MD Common 46924R106 2,583 112,285 SH   DFND 1 112,285 0 0
KINGSWAY FINL SVCS INC Common 496904202 20,034 3,609,718 SH   DFND 1 3,609,718 0 0
LAKE SHORE BANCORP INC Common 510700107 1,356 100,000 SH   DFND 1 100,000 0 0
LAKE SHORE BANCORP INC Common 510700107 617 45,495 SH   DFND 1 45,495 0 0
LAPORTE BANCORP INC MD Common 516651106 61 4,875 SH   DFND 1 4,875 0 0
MAGYAR BANCORP INC Common 55977T109 56 6,600 SH   DFND 1 6,600 0 0
MALVERN BANCORP INC Common 561409103 260 21,496 SH   DFND 1 21,496 0 0
MALVERN BANCORP INC Common 561409103 7,543 623,920 SH   DFND 1 623,920 0 0
MEDALLION FINL CORP Common 583928106 1,928 192,629 SH   DFND 1 192,629 0 0
MELROSE BANCORP INC Common 585553100 397 30,000 SH   DFND 1 30,000 0 0
MERIDIAN BANCORP INC MD Common 58958U103 198 17,641 SH   DFND 1 17,641 0 0
METLIFE INC Common 59156R108 3 60 SH   DFND 1 60 0 0
MSB FINANCIAL CORPORATION Common 55352P102 635 61,917 SH   DFND 1 61,917 0 0
NAUGATUCK VY FINL CORP MD Common 63906P107 1,575 183,940 SH   DFND 1 183,940 0 0
NAUGATUCK VY FINL CORP MD Common 63906P107 4,245 495,891 SH   DFND 1 495,891 0 0
NORTHEAST CMNTY BANCORP INC Common 664112109 1,877 260,000 SH   DFND 1 260,000 0 0
NORTHEAST CMNTY BANCORP INC Common 664112109 6,897 955,212 SH   DFND 1 955,212 0 0
OCONEE FED FINL CORP Common 675607105 1,950 97,500 SH   DFND 1 97,500 0 0
POAGE BANKSHARES INC Common 730206109 223 15,000 SH   DFND 1 15,000 0 0
POAGE BANKSHARES INC Common 730206109 5,349 359,708 SH   DFND 1 359,708 0 0
POLONIA BACORP INC MD Common 73158Q109 1,568 150,000 SH   DFND 1 150,000 0 0
POLONIA BACORP INC MD Common 73158Q109 1,436 137,379 SH   DFND 1 137,379 0 0
POPULAR INC Common 733174700 170 5,000 SH   DFND 1 5,000 0 0
PRINCIPAL FINL GROUP INC Common 74251V102 28 547 SH   DFND 1 547 0 0
1347 PPTY INS HLDGS INC Common 68244P107 1,232 156,800 SH   DFND 1 156,800 0 0
PROVIDENT FINL HLDGS INC Common 743868101 10,620 701,917 SH   DFND 1 701,917 0 0
PSB HLDGS INC Common 69360W108 410 52,716 SH   DFND 1 52,716 0 0
RIVER VY BANCORP Common 768475105 254 12,000 SH   DFND 1 12,000 0 0
SIMPLICITY BANCORP Common 828867101 1,458 85,000 SH   DFND 1 85,000 0 0
SOUND FINL BANCORP INC Common 83607A100 2,886 153,083 SH   DFND 1 153,083 0 0
SOUND FINL BANCORP INC Common 83607A100 1,632 86,600 SH   DFND 1 86,600 0 0
STEWARDSHIP FINL CORP Common 860326107 71 14,528 SH   DFND 1 14,528 0 0
SUNSHINE BANCORP INC Common 86777J108 518 42,344 SH   DFND 1 42,344 0 0
UNITED CMNTY BANCORP IND Common 90984R101 2,035 175,000 SH   DFND 1 175,000 0 0
UNITED CMNTY BANCORP IND Common 90984R101 3,179 273,320 SH   DFND 1 273,320 0 0
WATERSTONE FINL INC MD Common 94188P101 3,395 258,149 SH   DFND 1 258,149 0 0
WAYNE SVGS BANCSHARES INC NE Common 94624Q101 354 26,416 SH   DFND 1 26,416 0 0
WAYNE SVGS BANCSHARES INC NE Common 94624Q101 2,945 219,804 SH   DFND 1 219,804 0 0
WELLESLEY BANCORP INC Common 949485106 1,061 55,275 SH   DFND 1 55,275 0 0
WESTBURY BANCORP INC Common 95727P106 1,475 89,950 SH   DFND 1 89,950 0 0
WOLVERINE BANCORP INC Common 977880103 1,557 65,000 SH   DFND 1 65,000 0 0
WOLVERINE BANCORP INC Common 977880103 3,387 141,407 SH   DFND 1 141,407 0 0