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 1,781 95,000 SH   DFND   95,000 0 0
ANCHOR BANCORP WA COMMON 032838104 2,939 156,725 SH   DFND 1 156,725 0 0
ASB BANCORP INC NC COMMON 00213T109 1,775 100,000 SH   DFND   100,000 0 0
ASB BANCORP INC NC COMMON 00213T109 6,086 342,900 SH   DFND 1 342,900 0 0
CHEVIOT FINL CORP NEW COMMON 16677X105 826 80,000 SH   DFND   80,000 0 0
CITIZENS CMNTY BANCORP INC MD COMMON 174903104 1,336 166,987 SH   DFND 1 166,987 0 0
COASTWAY BANCORP INC COMMON 190632109 206 20,000 SH   DFND   20,000 0 0
COLONIAL FINL SVCS INC COMMON 19566B101 664 60,000 SH   DFND   60,000 0 0
COLONIAL FINL SVCS INC COMMON 19566B101 3,314 299,596 SH   DFND 1 299,596 0 0
ESSA BANCORP INC COMMON 29667D104 380 35,000 SH   DFND   35,000 0 0
FEDFIRST FINL CORP NEW COMMON 31429C101 1,942 97,199 SH   DFND   97,199 0 0
FEDFIRST FINL CORP NEW COMMON 31429C101 2,112 105,685 SH   DFND 1 105,685 0 0
FIRST FINL NORTHWEST INC COMMON 32022K102 265 26,100 SH   DFND   26,100 0 0
FIRST FINL NORTHWEST INC COMMON 32022K102 13,215 1,302,000 SH   DFND 1 1,302,000 0 0
FIRST SVGS FINL GROUP INC COMMON 33621E109 470 20,000 SH   DFND   20,000 0 0
FRANKLIN FINL CORP VA COMMON 35353C102 1,565 80,000 SH   DFND   80,000 0 0
FS BANCORP INC COMMON 30263Y104 1,962 120,000 SH   DFND   120,000 0 0
GEORGETOWN BANCORP INC MD COMMON 372591107 1,110 75,000 SH   DFND   75,000 0 0
GEORGETOWN BANCORP INC MD COMMON 372591107 962 65,000 SH   DFND 1 65,000 0 0
HAMILTON BANCORP INC MD COMMON 407015106 1,400 100,000 SH   DFND   100,000 0 0
HAMILTON BANCORP INC MD COMMON 407015106 3,263 233,101 SH   DFND 1 233,101 0 0
HAMPDEN BANCORP INC COMMON 40867E107 315 20,000 SH   DFND   20,000 0 0
HOME FED BANCORP INC COMMON 43708L108 1,382 70,000 SH   DFND   70,000 0 0
HOMETRUST BANCSHARES INC COMMON 437872104 1,894 120,000 SH   DFND   120,000 0 0
HOPFED BANCORP INC COMMON 439734104 8,165 699,628 SH   DFND 1 699,628 0 0
IF BANCORP INC COMMON 44951J105 371 22,833 SH   DFND   22,833 0 0
IF BANCORP INC COMMON 44951J105 6,070 373,312 SH   DFND 1 373,312 0 0
JACKSONVILLE BANCORP INC MD COMMON 46924R106 1,050 50,000 SH   DFND   50,000 0 0
JACKSONVILLE BANCORP INC MD COMMON 46924R106 2,088 99,445 SH   DFND 1 99,445 0 0
JEFFERSON BANCSHARES INC TEN COMMON 472375104 1,201 154,025 SH   DFND 1 154,025 0 0
KINGSTONE COS INC COMMON 496719105 1,385 198,700 SH   DFND 1 198,700 0 0
KINGSWAY FINL SVCS INC COMMON 496904202 12,240 3,014,765 SH   DFND 1 3,014,765 0 0
LAKE SHORE BANCORP INC COMMON 510700107 916 73,910 SH   DFND   73,910 0 0
LAPORTE BANCORP INC MD COMMON 516651106 52 4,875 SH   DFND   4,875 0 0
MAGYAR BANCORP INC COMMON 55977T109 35 4,300 SH   DFND   4,300 0 0
MALVERN BANCORP INC COMMON 561409103 220 21,496 SH   DFND   21,496 0 0
MALVERN BANCORP INC COMMON 561409103 6,389 623,920 SH   DFND 1 623,920 0 0
METLIFE INC COMMON 59156R108 3 60 SH   DFND   60 0 0
MSB FINANCIAL CORPORATION COMMON 55352P102 441 55,117 SH   DFND   55,117 0 0
NAUGATUCK VY FINL CORP MD COMMON 63906P107 1,385 183,940 SH   DFND   183,940 0 0
NAUGATUCK VY FINL CORP MD COMMON 63906P107 3,734 495,891 SH   DFND 1 495,891 0 0
NORTHEAST CMNTY BANCORP INC COMMON 664112109 1,755 250,000 SH   DFND   250,000 0 0
NORTHEAST CMNTY BANCORP INC COMMON 664112109 6,981 994,402 SH   DFND 1 994,402 0 0
OCONEE FED FINL CORP COMMON 675607105 1,876 108,120 SH   DFND   108,120 0 0
ONEIDA FINL CORP MD COMMON 682479100 307 25,000 SH   DFND   25,000 0 0
POAGE BANKSHARES INC COMMON 730206109 213 15,000 SH   DFND   15,000 0 0
POAGE BANKSHARES INC COMMON 730206109 4,380 308,471 SH   DFND 1 308,471 0 0
POLONIA BANCORP INC MD COMMON 73158Q109 1,458 150,000 SH   DFND   150,000 0 0
POLONIA BANCORP INC MD COMMON 73158Q109 1,569 161,379 SH   DFND 1 161,379 0 0
PRINCIPAL FINL GROUP INC COMMON 74251V102 25 547 SH   DFND   547 0 0
PROVIDENT FINL HLDGS INC COMMON 743868101 10,331 669,996 SH   DFND 1 669,996 0 0
PRUDENTIAL BANCORP INC NEW COMMON 74431A101 1,075 100,926 SH   DFND   100,926 0 0
PSB HLDGS INC COMMON 69360W108 371 51,786 SH   DFND   51,786 0 0
SHORE BANCSHARES INC COMMON 825107105 3 300 SH   DFND 1 300 0 0
SOUND FINL BANCORP INC COMMON 83607A100 2,648 153,083 SH   DFND   153,083 0 0
SOUND FINL BANCORP INC COMMON 83607A100 1,498 86,600 SH   DFND 1 86,600 0 0
SP BANCORP INC COMMON 78468K106 794 40,000 SH   DFND   40,000 0 0
SP BANCORP INC COMMON 78468K106 2,150 108,390 SH   DFND 1 108,390 0 0
TF FINL CORP COMMON 872391107 4,998 167,447 SH   DFND 1 167,447 0 0
UNITED CMNTY BANCORP IND COMMON 90984R101 1,986 175,000 SH   DFND   175,000 0 0
UNITED CMNTY BANCORP IND COMMON 90984R101 3,457 304,599 SH   DFND 1 304,599 0 0
WATERSTONE FINL INC MD COMMON 94188P101 4,241 408,149 SH   DFND   408,149 0 0
WAYNE SVGS BANCSHARES INC NE COMMON 94624Q101 308 26,416 SH   DFND   26,416 0 0
WAYNE SVGS BANCSHARES INC NE COMMON 94624Q101 2,760 236,906 SH   DFND 1 236,906 0 0
WELLESLEY BANCORP INC COMMON 949485106 1,433 75,000 SH   DFND   75,000 0 0
WESTBURY BANCORP INC COMMON 95727P106 1,317 89,950 SH   DFND   89,950 0 0
WESTBURY BANCORP INC COMMON 95727P106 982 67,110 SH   DFND 1 67,110 0 0
WOLVERINE BANCORP INC COMMON 977880103 1,404 65,000 SH   DFND   65,000 0 0
WOLVERINE BANCORP INC COMMON 977880103 3,271 151,447 SH   DFND 1 151,447 0 0
WVS FINL CORP COMMON 929358109 352 30,470 SH   DFND 1 30,470 0 0