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 032838104 1,814 95,000 SH   DFND   95,000 0 0
ANCHOR BANCORP WA COMMON 032838104 2,992 156,725 SH   DFND 1 156,725 0 0
ASB BANCORP INC N C COMMON 00213T109 1,887 90,000 SH   DFND   90,000 0 0
ASB BANCORP INC N C COMMON 00213T109 6,352 302,900 SH   DFND 1 302,900 0 0
BANC CALIF INC COMMON 05990K106 4,196 384,995 SH   DFND 1 384,995 0 0
CHEVIOT FINL CORP COMMON 16677X105 748 60,000 SH   DFND   60,000 0 0
COLONIAL FINL SVCS INC COMMON 19566B101 758 60,000 SH   DFND   60,000 0 0
COLONIAL FINL SVCS INC COMMON 19566B101 3,787 299,596 SH   DFND 1 299,596 0 0
COASTWAY BANCORP INC COMMON 190632109 219 20,000 SH   DFND   20,000 0 0
CITIZENS CMNTY BANCORP INC MD COMMON 174903104 1,419 166,987 SH   DFND 1 166,987 0 0
ESSA BANCORP INC COMMON 29667D104 390 35,000 SH   DFND   35,000 0 0
FEDFIRST FINL CORP COMMON 31429C101 2,129 97,199 SH   DFND   97,199 0 0
FEDFIRST FINL CORP COMMON 31429C101 2,763 126,185 SH   DFND 1 126,185 0 0
FIRST FED NORTHN MICH BANCORP INC COMMON 32021X105 61 10,000 SH   DFND 1 10,000 0 0
FIRST FINL NORTHWEST INC COMMON 32022K102 284 26,100 SH   DFND   26,100 0 0
FIRST FINL NORTHWEST INC COMMON 32022K102 14,044 1,292,000 SH   DFND 1 1,292,000 0 0
FRANKLIN FINL CORP VA COMMON 35353C102 1,736 80,000 SH   DFND   80,000 0 0
FS BANCORP INC COMMON 30263Y104 2,088 120,000 SH   DFND   120,000 0 0
FIRST SVGS FINL GROUP INC COMMON 33621E109 484 20,000 SH   DFND   20,000 0 0
GEORGETOWN BANCORP INC MD COMMON 372591107 1,268 75,000 SH   DFND   75,000 0 0
GEORGETOWN BANCORP INC MD COMMON 372591107 1,099 65,000 SH   DFND 1 65,000 0 0
HAMILTON BANCORP INC MD COMMON 407015106 1,166 90,000 SH   DFND   90,000 0 0
HAMILTON BANCORP INC MD COMMON 407015106 2,915 225,101 SH   DFND 1 225,101 0 0
HAMPDEN BANCORP INC COMMON 40867E107 337 20,000 SH   DFND   20,000 0 0
HOPFED BANCORP INC COMMON 439734104 8,130 699,628 SH   DFND 1 699,628 0 0
HOME FED BANCORP INC LA COMMON 43708L108 1,367 70,000 SH   DFND   70,000 0 0
HOMETRUST BANCSHARES INC COMMON 437872104 1,892 120,000 SH   DFND   120,000 0 0
IF BANCORP INC COMMON 44951J105 377 22,833 SH   DFND   22,833 0 0
IF BANCORP INC COMMON 44951J105 6,010 364,449 SH   DFND 1 364,449 0 0
INVESTORS BANCORP INC COMMON 46146L101 1,768 160,000 SH   DFND   160,000 0 0
JACKSONVILLE BANCORP INC MD COMMON 46924R106 1,057 50,000 SH   DFND   50,000 0 0
JACKSONVILLE BANCORP INC MD COMMON 46924R106 2,102 99,445 SH   DFND 1 99,445 0 0
KINGSWAY FINANCIAL SERVICES COMMON 496904202 18,903 3,014,765 SH   DFND 1 3,014,765 0 0
LAPORTE BANCORP INC MD COMMON 516651106 54 4,875 SH   DFND   4,875 0 0
LAKE SHORE BANCORP INC COMMON 510700107 941 75,584 SH   DFND   75,584 0 0
METLIFE INC COMMON 59156R108 3 60 SH   DFND   60 0 0
MAGYAR BANCORP INC COMMON 55977T109 35 4,300 SH   DFND   4,300 0 0
MALVERN BANCORP INC COMMON 561409103 226 21,496 SH   DFND   21,496 0 0
MALVERN BANCORP INC COMMON 561409103 6,570 623,920 SH   DFND 1 623,920 0 0
MSB FINL CORP COMMON 55352P102 488 60,417 SH   DFND   60,417 0 0
NORTHEAST CMNTY BANCORP INC COMMON 664112109 1,768 250,000 SH   DFND   250,000 0 0
NORTHEAST CMNTY BANCORP INC COMMON 664112109 6,919 978,644 SH   DFND 1 978,644 0 0
NAUGATUCK VY FINL CORP MD COMMON 63906P107 1,532 183,940 SH   DFND   183,940 0 0
NAUGATUCK VY FINL CORP MD COMMON 63906P107 4,131 495,891 SH   DFND 1 495,891 0 0
OCONEE FED FINL CORP COMMON 675607105 1,806 100,000 SH   DFND   100,000 0 0
POLONIA BANCORP INC MD COMMON 73158Q109 1,548 150,000 SH   DFND   150,000 0 0
POLONIA BANCORP INC MD COMMON 73158Q109 1,665 161,379 SH   DFND 1 161,379 0 0
PRUDENTIAL BANCORP INC COMMON 74431A101 1,162 100,926 SH   DFND   100,926 0 0
POAGE BANKSHARES INC COMMON 730206109 221 15,000 SH   DFND   15,000 0 0
POAGE BANKSHARES INC COMMON 730206109 5,198 352,433 SH   DFND 1 352,433 0 0
PRINCIPAL FINANCIAL GROUP COMMON 74251V102 28 547 SH   DFND   547 0 0
1347 PPTY INS HLDGS INC COMMON 68244P107 1,397 156,800 SH   DFND 1 156,800 0 0
PROVIDENT FINL HOLDING INC COMMON 743868101 9,908 681,417 SH   DFND 1 681,417 0 0
PSB HLDGS INC COMMON 69360W108 348 51,786 SH   DFND   51,786 0 0
SOUND FINL BANCORP INC COMMON 83607A100 2,677 153,083 SH   DFND   153,083 0 0
SOUND FINL BANCORP INC COMMON 83607A100 1,515 86,600 SH   DFND 1 86,600 0 0
UNITED CMNTY BANCORP IND COMMON 90984R101 2,058 175,000 SH   DFND   175,000 0 0
UNITED CMNTY BANCORP IND COMMON 90984R101 3,523 299,599 SH   DFND 1 299,599 0 0
WAYNE SVGS BANCSHARES INC COMMON 94624Q101 343 26,416 SH   DFND   26,416 0 0
WAYNE SVGS BANCSHARES INC COMMON 94624Q101 2,980 229,406 SH   DFND 1 229,406 0 0
WESTBURY BANCORP INC COMMON 95727P106 1,359 89,950 SH   DFND   89,950 0 0
WOLVERINE BANCORP INC COMMON 977880103 1,476 65,000 SH   DFND   65,000 0 0
WOLVERINE BANCORP INC COMMON 977880103 3,199 140,947 SH   DFND 1 140,947 0 0
WELLESLEY BANCORP INC COMMON 949485106 1,236 65,142 SH   DFND   65,142 0 0
WATERSTONE FINL INC MD COMMON 94188P101 2,945 258,149 SH   DFND   258,149 0 0