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
AMERIS BANCORP COM 03076K108 10,556 400,000 SH   SOLE   400,000 0 0
ANCHOR BANCORP WIS INC DEL COM 03283P106 29,571 851,000 SH   SOLE   851,466 0 0
ATLANTIC COAST FINL CORP COM 048426100 6,400 1,542,000 SH   SOLE   1,542,200 0 0
AVENUE FINL HLDGS INC COM 05358K102 626 50,000 SH   SOLE   50,000 0 0
BANK MUTUAL CORP NEW COM 063750103 2,426 331,000 SH   SOLE   331,430 0 0
BENEFICIAL BANCORP INC COM 08171T102 1,700 151,000 SH   SOLE   150,592 0 0
BNC BANCORP COM 05566T101 15,736 869,000 SH   SOLE   869,381 0 0
BRIDGE BANCORP INC COM 108035106 1,777 69,000 SH   SOLE   68,808 0 0
BSB BANCORP INC MD COM 05573H108 879 44,000 SH   SOLE   44,460 0 0
CAPE BANCORP INC COM 139209100 1,564 164,000 SH   SOLE   163,583 0 0
CARDINAL FINL CORP COM 14149F109 2,028 101,000 SH   SOLE   101,495 0 0
CAROLINA BK HLDGS INC GREENS COM 143785103 1,700 2,000 SH   SOLE   1,744 0 0
CB FINL SVCS INC COM 12479G101 1,659 84,000 SH   SOLE   83,981 0 0
CENTERSTATE BANKS INC COM 15201P109 1,353 114,000 SH   SOLE   113,596 0 0
CENTURY CMNTYS INC COM 156504300 2,360 122,000 SH   SOLE   122,108 0 0
CHARTER FINL CORP MD COM 16122W108 3,772 328,000 SH   SOLE   328,016 0 0
CHEVIOT FINL CORP NEW COM 16677X105 444 29,000 SH   SOLE   28,932 0 0
CITIZENS CMNTY BANCORP INC M COM 174903104 2,382 258,000 SH   SOLE   258,197 0 0
CLIFTON BANCORP INC COM 186873105 701 50,000 SH   SOLE   49,714 0 0
COASTWAY BANCORP INC COM 190632109 704 64,000 SH   SOLE   63,500 0 0
CODORUS VY BANCORP INC COM 192025104 384 19,000 SH   SOLE   18,900 0 0
COMMUNITY BK SHS IND INC COM 203599105 1,571 57,000 SH   SOLE   57,129 0 0
COMMUNITY BK SHS IND INC COM 203599105 5,225 190,000 SH   SOLE   190,000 0 0
COMMUNITY FINL CORP MD COM 20368X101 4,278 214,000 SH   SOLE   213,907 0 0
COMMUNITYONE BANCORP COM 20416Q108 138 14,000 SH   SOLE   14,000 0 0
CONNECTONE BANCORP INC NEW COM 20786W107 1,450 75,000 SH   SOLE   74,500 0 0
DNB FINL CORP COM 233237106 596 23,000 SH   SOLE   22,911 0 0
EAGLE BANCORP MONT INC COM 26942G100 294 26,000 SH   SOLE   26,454 0 0
EASTERN VA BANKSHARES INC COM 277196101 3,027 484,000 SH   SOLE   483,516 0 0
FIDELITY SOUTHERN CORP NEW COM 316394105 1,029 61,000 SH   SOLE   60,962 0 0
FIRST BANK WILLIAMSTOWN NJ COM 31931U102 214 35,000 SH   SOLE   35,418 0 0
FIRST CAPITAL BANCORP VA COM 319438107 2,193 504,000 SH   SOLE   504,147 0 0
FIRST CMNTY CORP S C COM 319835104 3,779 324,000 SH   SOLE   324,061 0 0
FIRST DEFIANCE FINL CORP COM 32006W106 1,340 41,000 SH   SOLE   40,831 0 0
FIRST SAVINGS FINL GROUP INC COM 33621E109 3,581 124,000 SH   SOLE   123,708 0 0
FIRST SEC GROUP INC COM NEW 336312202 2,521 1,051,000 SH   SOLE   1,050,500 0 0
FOX CHASE BANCORP INC NEW COM 35137T108 1,670 99,000 SH   SOLE   99,244 0 0
FS BANCORP INC COM 30263Y104 862 45,000 SH   SOLE   44,500 0 0
GEORGETOWN BANCORP INC MD COM 372591107 1,251 70,000 SH   SOLE   69,708 0 0
GUARANTY FED BANCSHARES INC COM 40108P101 4,143 282,000 SH   SOLE   281,533 0 0
HAMILTON BANCORP INC MD COM 407015106 1,968 144,000 SH   SOLE   143,862 0 0
HANMI FINL CORP COM NEW 410495204 1,077 51,000 SH   SOLE   50,909 0 0
HERITAGE FINL CORP WASH COM 42722X106 205 12,000 SH   SOLE   12,053 0 0
HF FINL CORP COM 404172108 1,848 125,000 SH   SOLE   125,094 0 0
HOME BANCORP INC COM 43689E107 10,458 492,000 SH   SOLE   491,694 0 0
HOME FED BANCORP INC LA NEW COM 43708L108 3,305 169,000 SH   SOLE   168,540 0 0
HOMESTREET INC COM 43785V102 1,239 68,000 SH   SOLE   67,658 0 0
HOMETRUST BANCSHARES INC COM 437872104 3,832 240,000 SH   SOLE   239,945 0 0
HOPFED BANCORP INC COM 439734104 791 61,000 SH   SOLE   61,448 0 0
HOWARD BANCORP INC COM 442496105 504 36,000 SH   SOLE   36,017 0 0
IBERIABANK CORP COM 450828108 630 10,000 SH   SOLE   10,000 0 0
IF BANCORP INC COM 44951J105 702 42,000 SH   SOLE   41,909 0 0
INDEPENDENT BANK CORP MICH COM NEW 453838609 4,215 329,000 SH   SOLE   328,507 0 0
INVESTAR HLDG CORP COM 46134L105 5,963 349,000 SH   SOLE   348,700 0 0
INVESTORS BANCORP INC NEW COM 46146L101 71,530 6,103,000 SH   SOLE   6,103,233 0 0
LAPORTE BANCORP INC MD COM 516651106 807 62,000 SH   SOLE   62,000 0 0
MALVERN BANCORP INC COM 561409103 1,634 121,000 SH   SOLE   121,059 0 0
MBT FINL CORP COM 578877102 1,197 213,000 SH   SOLE   213,280 0 0
MERIDIAN BANCORP INC MD COM 58958U103 5,692 432,000 SH   SOLE   432,211 0 0
METRO BANCORP INC PA COM 59161R101 339 12,000 SH   SOLE   12,280 0 0
MUTUALFIRST FINL INC COM 62845B104 3,835 166,000 SH   SOLE   166,361 0 0
NATIONAL BK HLDGS CORP CL A 633707104 4,928 262,000 SH   SOLE   262,000 0 0
NEWBRIDGE BANCORP CL A NO PAR 65080T102 9,067 1,017,000 SH   SOLE   1,016,521 0 0
NEWBRIDGE BANCORP CL A NO PAR 65080T102 2,014 226,000 SH   SOLE   225,753 0 0
OLD LINE BANCSHARES INC COM 67984M100 9,288 588,000 SH   SOLE   587,876 0 0
OLD SECOND BANCORP INC ILL COM 680277100 858 150,000 SH   SOLE   150,000 0 0
PACIFIC PREMIER BANCORP COM 69478X105 8,678 536,000 SH   SOLE   536,005 0 0
POAGE BANKSHARES INC COM 730206109 1,176 77,000 SH   SOLE   76,644 0 0
SEACOAST BKG CORP FLA COM NEW 811707801 14,619 1,024,000 SH   SOLE   1,024,434 0 0
SHORE BANCSHARES INC COM 825107105 5,486 598,000 SH   SOLE   597,647 0 0
SOUTHERN FIRST BANCSHARES IN COM 842873101 1,445 85,000 SH   SOLE   85,000 0 0
SOUTHERN MO BANCORP INC COM 843380106 2,392 127,000 SH   SOLE   126,788 0 0
SUN BANCORP INC COM NEW 86663B201 5,357 283,000 SH   SOLE   283,286 0 0
SUN BANCORP INC COM NEW 86663B201 13,989 740,000 SH   SOLE   739,772 0 0
TRICO BANCSHARES COM 896095106 228 9,000 SH   SOLE   9,433 0 0
UMPQUA HLDGS CORP COM 904214103 3,378 197,000 SH   SOLE   196,613 0 0
UNITED CMNTY BANCORP IND COM 90984R101 257 20,000 SH   SOLE   20,000 0 0
UNITED CMNTY BKS BLAIRSVLE G COM 90984P303 1,261 67,000 SH   SOLE   66,789 0 0
UNITED CMNTY FINL CORP OHIO COM 909839102 10,445 1,913,000 SH   SOLE   1,913,038 0 0
UNITED FINL BANCORP INC NEW COM 910304104 871 70,000 SH   SOLE   70,100 0 0
VERITEX HLDGS INC COM 923451108 699 50,000 SH   SOLE   50,000 0 0
WASHINGTONFIRST BANKSHARES I COM 940730104 1,509 89,000 SH   SOLE   88,792 0 0
WELLESLEY BANCORP INC COM 949485106 1,262 67,000 SH   SOLE   67,315 0 0
WESTBURY BANCORP INC COM 95727P106 3,875 221,000 SH   SOLE   221,449 0 0
YADKIN FINL CORP COM 984305102 3,308 163,000 SH   SOLE   162,956 0 0