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
MACATAWA BK CORP COM 554225102 10,664 1,108,479 SH   SOLE   1,108,479 0 0
UNITED CMNTY FINL CORP OHIO COM 909839102 9,383 1,060,219 SH   SOLE   1,060,219 0 0
ATLANTIC CAP BANCSHARES INC COM 048269203 16,304 995,997 SH   SOLE   995,997 0 0
CENTRAL VALLEY CMNTY BANCORP COM 155685100 14,132 748,889 SH   SOLE   748,889 0 0
UNITED SECURITY BANCSHARES C COM 911460103 6,846 714,633 SH   SOLE   714,633 0 0
NATIONAL BK HLDGS CORP COM 633707104 17,381 563,036 SH   SOLE   563,036 0 0
Old Second Bancorp Inc ILL COM 680277100 6,704 515,726 SH   SOLE   515,726 0 0
FARMERS NATL BANC CORP COM 309627107 6,048 474,731 SH   SOLE   474,731 0 0
FIRST WESTN FINL INC COM 33751L105 4,648 396,893 SH   SOLE   396,893 0 0
PEOPLES BANCORP INC COM 709789101 10,039 333,513 SH   SOLE   333,513 0 0
CITIZENS FINL GROUP INC COM 174610105 9,774 328,755 SH   SOLE   328,755 0 0
FVCBANKCORP INC COM 36120Q101 5,787 328,608 SH   SOLE   328,608 0 0
NATIONAL COMM CORP COM 63546L102 11,272 313,100 SH   SOLE   313,100 0 0
LEGACY TEX FINL GROUP INC COM 52471Y106 9,792 305,136 SH   SOLE   305,136 0 0
CAPSTAR FINL HLDGS INC COM 14070T102 4,484 304,442 SH   SOLE   304,442 0 0
FIRST CMNTY CORP S C COM 319835104 5,844 300,762 SH   SOLE   300,762 0 0
Independent BK Group Inc COM 45384B106 12,387 270,638 SH   SOLE   270,638 0 0
OLD LINE BANCSHARES INC COM 67984M100 6,974 264,985 SH   SOLE   264,985 0 0
ENTERPRISE FINL SVCS CORP COM 293712105 9,832 261,280 SH   SOLE   261,280 0 0
QCR HOLDINGS INC COM 74727A104 7,820 243,691 SH   SOLE   243,691 0 0
SOUTHERN FIRST BANCSHARES IN COM 842873101 7,642 238,280 SH   SOLE   238,280 0 0
PINNACLE FINL PARTNERS INC COM 72346Q104 10,922 236,918 SH   SOLE   236,918 0 0
CENTRAL FED CORP COM NEW PAR 15346Q400 2,742 234,584 SH   SOLE   234,584 0 0
BANNER CORP COM 06652V208 12,327 230,501 SH   SOLE   230,501 0 0
SELECT BANCORP INC NEW COM 81617L108 2,496 201,639 SH   SOLE   201,639 0 0
BAYCOM CORP COM 07272M107 4,653 201,510 SH   SOLE   201,510 0 0
COMERICA INC COM 200340107 11,378 165,649 SH   SOLE   165,649 0 0
ORRSTOWN FINL SVCS INC COM 687380105 2,113 116,052 SH   SOLE   116,052 0 0
PEAPACK-GLADSTONE FINL CORP COM 704699107 2,225 88,360 SH   SOLE   88,360 0 0
BANKWELL FINL GROUP INC COM 06654A103 2,113 73,602 SH   SOLE   73,602 0 0