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

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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
1895 BANCORP OF WISCONSIN IN COMMON 28252W105 923 101,434 SH   SOLE   101,434 0 0
ALERUS FINANCIAL CORP COMMON 01446U103 4,292 218,974 SH   SOLE   218,974 0 0
ALTABANCORP COMMON 021347109 2,060 102,393 SH   SOLE   102,393 0 0
AMERISERV FINL INC COM COMMON 03074A102 3,415 1,215,196 SH   SOLE   1,215,196 0 0
BANK OF COMMERCE HOLDINGS COMMON 06424J103 2,015 289,133 SH   SOLE   289,133 0 0
BankFinancial Corp COMMON 06643P104 4,120 570,689 SH   SOLE   570,689 0 0
BOGOTA FINANCIAL CORP COMMON 097235105 1,978 259,622 SH   SOLE   259,622 0 0
Boston Private Financial Holdings Inc COMMON 101119105 806 146,091 SH   SOLE   146,091 0 0
CHEMUNG FINL CORP COM COMMON 164024101 1,612 55,835 SH   SOLE   55,835 0 0
CITIZENS FINL GROUP INC COM COMMON 174610105 9,627 380,800 SH   SOLE   380,800 0 0
COMMUNITY BANKERS TR CORP COM COMMON 203612106 2,500 492,174 SH   SOLE   492,174 0 0
Community West Bancshares COMMON 204157101 1,084 134,987 SH   SOLE   134,987 0 0
Enterprise Bancorp Inc/MA COMMON 293668109 264 12,574 SH   SOLE   12,574 0 0
Fifth Third Bancorp COMMON 316773100 6,929 325,000 SH   SOLE   325,000 0 0
Financial Institutions Inc COMMON 317585404 242 15,723 SH   SOLE   15,723 0 0
FIRST BUS FINL SVCS INC WIS COM COMMON 319390100 3,845 269,038 SH   SOLE   269,038 0 0
FIRST CTZNS BANCSHARES INC N C CL A COMMON 31946M103 954 2,994 SH   SOLE   2,994 0 0
First Financial Northwest Inc COMMON 32022K102 2,232 244,728 SH   SOLE   244,728 0 0
FIRST UTD CORP COM COMMON 33741H107 937 80,057 SH   SOLE   80,057 0 0
FRANKLIN FINANCIAL SERVICES COMMON 353525108 462 21,608 SH   SOLE   21,608 0 0
HARBORONE BANCORP INC COMMON 41165Y100 6,340 785,629 SH   SOLE   785,629 0 0
Hilltop Holdings Inc COMMON 432748101 9,395 456,500 SH   SOLE   456,500 0 0
HMN Financial Inc COMMON 40424G108 2,041 153,951 SH   SOLE   153,951 0 0
Home Bancorp Inc COMMON 43689E107 1,211 50,146 SH   SOLE   50,146 0 0
HOMETRUST BANCSHARES INC COM COMMON 437872104 3,939 290,038 SH   SOLE   290,038 0 0
ICC HOLDINGS INC COMMON 44931Q104 3,076 262,877 SH   SOLE   262,877 0 0
Lakeland Bancorp Inc COMMON 511637100 2,392 240,408 SH   SOLE   240,408 0 0
MAGYAR BANCORP INC COM COMMON 55977T109 3,280 393,237 SH   SOLE   393,237 0 0
MALVERN BANCORP INC COM COMMON 561409103 266 22,575 SH   SOLE   22,575 0 0
NI HOLDINGS INC COMMON 65342T106 3,151 186,577 SH   SOLE   186,577 0 0
OCONEE FED FINL CORP COM COMMON 675607105 207 9,552 SH   SOLE   9,552 0 0
PARTNERS BANCORP COMMON 70213Q108 190 33,833 SH   SOLE   33,833 0 0
Pathfinder Bancorp Inc COMMON 70319R109 643 60,673 SH   SOLE   60,673 0 0
PCSB FINANCIAL CORP COMMON 69324R104 4,260 352,944 SH   SOLE   352,944 0 0
PDL COMMUNITY BANCORP COMMON 69290X101 4,068 461,275 SH   SOLE   461,275 0 0
PIONEER BANCORP INC/NY COMMON 723561106 5,803 653,495 SH   SOLE   653,495 0 0
PROVIDENT BANCORP INC COMMON 74383L105 10,611 1,362,149 SH   SOLE   1,362,149 0 0
PROVIDENT FINL HLDGS INC COM COMMON 743868101 4,915 412,986 SH   SOLE   412,986 0 0
RANDOLPH BANCORP INC COMMON 752378109 4,300 345,920 SH   SOLE   345,920 0 0
REPUBLIC FIRST BANCORP INC COM COMMON 760416107 6,979 3,524,637 SH   SOLE   3,524,637 0 0
RHINEBECK BANCORP INC COMMON 762093102 1,132 179,085 SH   SOLE   179,085 0 0
SALISBURY BANCORP INC COMMON 795226109 257 8,120 SH   SOLE   8,120 0 0
SECURITY NATL FINL CORP CL A NEW COMMON 814785309 9,003 1,406,651 SH   SOLE   1,406,651 0 0
SOUND FINL BANCORP INC COM COMMON 83607A100 3,190 107,648 SH   SOLE   107,648 0 0
SOUTH PLAINS FINANCIAL INC COMMON 83946P107 1,453 117,068 SH   SOLE   117,068 0 0
TowneBank/Portsmouth VA COMMON 89214P109 1,264 77,051 SH   SOLE   77,051 0 0
UMB Financial Corp COMMON 902788108 3,204 65,383 SH   SOLE   65,383 0 0
WELLS FARGO & CO NEW COM COMMON 949746101 7,876 335,000 SH   SOLE   335,000 0 0
Willis Lease Finance Corp COMMON 970646105 2,882 156,209 SH   SOLE   156,209 0 0
WVS FINANCIAL CORP COMMON 929358109 167 12,545 SH   SOLE   12,545 0 0