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
ALLY FINL COM 02005N100 5,552 167,431 SH   SOLE   167,431 0 0
AMERIS BANCORP COM 03076K108 6,941 172,497 SH   SOLE   172,497 0 0
ARES CAP COM 04010L103 939 50,400 SH   SOLE   50,400 0 0
BANC OF CALIFORNIA COM 05990K106 48,100 3,401,719 SH   SOLE   3,401,719 0 0
BANK AMER COM 060505104 1,211 41,500 SH   SOLE   41,500 0 0
BANKFINANCIAL COM 06643P104 11,605 975,189 SH   SOLE   975,189 0 0
BAYCOM COM 07272M107 1,829 80,530 SH   SOLE   80,530 0 0
BCB BANCORP COM 055298103 812 63,230 SH   SOLE   63,230 0 0
CAPITAL ONE FINL COM 14040H105 7,078 77,800 SH   SOLE   77,800 0 0
CIT GROUP COM 125581801 4,531 100,000 SH   SOLE   100,000 0 0
CITIGROUP COM 172967424 11,748 170,068 SH   SOLE   170,068 0 0
CITIZENS FINL GROUP COM 174610105 6,490 183,500 SH   SOLE   183,500 0 0
COMERICA COM 200340107 3,761 57,000 SH   SOLE   57,000 0 0
ENTERPRISE FINL SVCS COM 293712105 24,150 592,646 SH   SOLE   592,646 0 0
FIRST BUS FINL SVCS WIS COM 319390100 983 40,818 SH   SOLE   40,818 0 0
FIRST FINL BANCORP OH COM 320209109 4,194 171,364 SH   SOLE   171,364 0 0
FIRST HORIZON NATL COM 320517105 3,941 243,300 SH   SOLE   243,300 0 0
FIRST INTERNET BANCORP COM 320557101 385 18,000 SH   SOLE   18,000 0 0
FIRST MERCHANTS COM 320817109 28,276 751,333 SH   SOLE   751,333 0 0
FNB PA COM 302520101 17,286 1,499,232 SH   SOLE   1,499,232 0 0
HAWTHORN BANCSHARES COM 420476103 5,893 247,294 SH   SOLE   247,294 0 0
HORIZON BANCORP COM 440407104 23,153 1,333,712 SH   SOLE   1,333,712 0 0
HUNT COS FIN TR COM 44558T100 2,793 831,338 SH   SOLE   831,338 0 0
INDEPENDENT BANK MICH COM 453838609 19,552 917,285 SH   SOLE   917,285 0 0
INVESTORS BANCORP COM 46146L101 2,340 206,000 SH   SOLE   206,000 0 0
JPMORGAN CHASE & CO COM 46625H100 2,354 20,000 SH   SOLE   20,000 0 0
KEYCORP COM 493267108 1,784 100,000 SH   SOLE   100,000 0 0
MAGYAR BANCORP COM 55977T109 6,332 539,833 SH   SOLE   539,833 0 0
MIDLAND STATES BANCORP INC COM 597742105 265 10,000 SH   SOLE   10,000 0 0
MUTUALFIRST FINL COM 62845B104 22,561 715,773 SH   SOLE   715,773 0 0
OLD POINT FINL COM 680194107 10,858 456,215 SH   SOLE   456,215 0 0
PEOPLES BANCORP COM 709789101 3,057 96,112 SH   SOLE   96,112 0 0
SB ONE BANCORP COM 78413T103 2,321 102,882 SH   SOLE   102,882 0 0
SOUTHERN NATL BANCORP OF VA IN COM 843395104 6,713 436,176 SH   SOLE   436,176 0 0
SPDR SERIES TRUST S&P REGL BKG S&P REGL BKG 78464A698 15,362 291,000 SH   SOLE   291,000 0 0
STERLING BANCORP DEL COM 85917A100 2,465 122,900 SH   SOLE   122,900 0 0
SYNCHRONY FINL COM 87165B103 8,911 261,400 SH   SOLE   261,400 0 0