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
Atlantic Coast Financial Corp COM 048426100 6,091 1,008,451 SH   SOLE   1,008,451 0 0
Banc of California Inc COM 05990K106 41,421 2,366,919 SH   SOLE   2,366,919 0 0
Bank of America Corp COM 060505104 1,913 141,500 SH   SOLE   141,500 0 0
BankFinancial Corp COM 06643P104 19,269 1,630,170 SH   SOLE   1,630,170 0 0
BCB Bancorp Inc COM 055298103 1,938 193,616 SH   SOLE   193,616 0 0
Capital One Financial Corp *W EXP 111418 14040H139 2,826 98,800 SH   SOLE   98,800 0 0
Cheviot Financial Corp COM 16677X105 4,920 334,900 SH   SOLE   334,900 0 0
Citigroup Inc COM NEW 172967424 3,969 95,068 SH   SOLE   95,068 0 0
Citizens Financial Group Inc COM 174610105 3,844 183,500 SH   SOLE   183,500 0 0
Coastway Bancorp Inc COM 190632109 1,067 85,137 SH   SOLE   85,137 0 0
Comerica Incorporated COM 200340107 10,414 275,000 SH   SOLE   275,000 0 0
Comerica Incorporated *W EXP 111418 200340115 1,278 95,826 SH   SOLE   95,826 0 0
Eastern Virginia Bankshares Inc COM 277196101 2,160 322,928 SH   SOLE   322,928 0 0
Enterprise Financial Services Corp COM 293712105 20,828 770,282 SH   SOLE   770,282 0 0
First Merchants Corp COM 320817109 19,123 811,333 SH   SOLE   811,333 0 0
First Northwest Bancorp COM 335834107 320 24,900 SH   SOLE   24,900 0 0
F.N.B. Corporation COM 302520101 37,850 2,909,288 SH   SOLE   2,909,288 0 0
HF Financial Corp COM 404172108 10,620 589,975 SH   SOLE   589,975 0 0
Horizon Bancorp/IN COM 440407104 14,154 572,592 SH   SOLE   572,592 0 0
Independent Bank Corp/MI COM NEW 453838609 15,401 1,058,485 SH   SOLE   1,058,485 0 0
JPMorgan Chase & Co COM 46625H100 3,287 55,510 SH   SOLE   55,510 0 0
JPMorgan Chase & Co *W EXP 102818 46634E114 1,956 110,500 SH   SOLE   110,500 0 0
La Porte Bancorp, Inc. COM 516651106 1,018 64,593 SH   SOLE   64,593 0 0
Magyar Bancorp Inc COM 55977T109 5,334 539,833 SH   SOLE   539,833 0 0
Monarch Financial Holdings Inc. COM 60907Q100 1,645 99,038 SH   SOLE   99,038 0 0
MSB Financial Corp COM 55352L101 6,249 486,102 SH   SOLE   486,102 0 0
MutualFirst Financial Inc COM 62845B104 17,740 703,973 SH   SOLE   703,973 0 0
Old Point Financial Corp COM 680194107 5,630 302,662 SH   SOLE   302,662 0 0
Peapack-Gladstone Financial Corporation COM 704699107 629 37,232 SH   SOLE   37,232 0 0
Peoples Bancorp Inc. COM 709789101 13,835 708,021 SH   SOLE   708,021 0 0
PNC Financial Services Group Inc/The *W EXP 123118 693475121 1,291 63,545 SH   SOLE   63,545 0 0
Southwest Bancorp, Inc. COM 844767103 123 8,143 SH   SOLE   8,143 0 0
Sussex Bancorp COM 869245100 1,286 102,882 SH   SOLE   102,882 0 0
United Financial Bancorp, Inc. COM 910304104 11,931 947,680 SH   SOLE   947,680 0 0
WSFS Financial Corporation COM 929328102 6,468 198,907 SH   SOLE   198,907 0 0
Your Community Bankshares, Inc COM 98779U106 783 25,000 SH   SOLE   25,000 0 0