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
1ST CONSTITUTION BANCORP COM 31986N102 1,660 88,507 SH   SOLE   88,507 0 0
ALLEGIANCE BANCSHARES INC COM 01748H107 3,470 108,126 SH   SOLE   108,126 0 0
AMERICAN RIVER BANKSHARES COM 029326105 311 22,566 SH   SOLE   22,566 0 0
AMERISERV FINL INC COM 03074A102 2,665 643,668 SH   SOLE   643,668 0 0
ATLANTIC CAP BANCSHARES INC COM 048269203 3,455 199,246 SH   SOLE   199,246 0 0
BANCORP NEW JERSEY INC NEW COM 059915108 325 19,243 SH   SOLE   19,243 0 0
BANK COMM HLDGS COM 06424J103 5,411 496,892 SH   SOLE   496,892 0 0
BANKFINANCIAL CORP COM 06643P104 3,748 314,998 SH   SOLE   314,998 0 0
BANK PRINCETON NEW JERSEY COM 064520109 2,346 80,715 SH   SOLE   80,715 0 0
BANKUNITED INC COM 06652K103 13,651 406,045 SH   SOLE   406,045 0 0
BANKWELL FINL GROUP INC COM 06654A103 1,275 46,359 SH   SOLE   46,359 0 0
BANNER CORP COM NEW 06652V208 5,432 96,706 SH   SOLE   96,706 0 0
BAYCOM CORP COM 07272M107 2,141 94,280 SH   SOLE   94,280 0 0
BCB BANCORP INC COM 055298103 414 32,209 SH   SOLE   32,209 0 0
BERKSHIRE HILLS BANCORP INC COM 084680107 596 20,338 SH   SOLE   20,338 0 0
BROOKLINE BANCORP INC DEL COM 11373M107 882 59,894 SH   SOLE   59,894 0 0
BYLINE BANCORP INC COM 124411109 790 44,201 SH   SOLE   44,201 0 0
C & F FINL CORP COM 12466Q104 2,272 43,141 SH   SOLE   43,141 0 0
CADENCE BANCORPORATION CL A 12739A100 5,139 293,007 SH   SOLE   293,007 0 0
CAPSTAR FINL HLDGS INC COM 14070T102 8,536 514,834 SH   SOLE   514,834 0 0
CAROLINA TR BANCSHARES INC COM 14422P105 1,245 118,641 SH   SOLE   118,641 0 0
CB FINL SVCS INC COM 12479G101 810 29,184 SH   SOLE   29,184 0 0
CBM BANCORP INC COM 1248XT104 277 19,764 SH   SOLE   19,764 0 0
CENTRAL FED CORP COM NEW 15346Q202 1,460 117,303 SH   SOLE   117,303 0 0
CENTRAL VALLEY CMNTY BANCORP COM 155685100 2,906 142,785 SH   SOLE   142,785 0 0
CIVISTA BANCSHARES INC COM NO PAR 178867107 6,373 293,269 SH   SOLE   293,269 0 0
CODORUS VY BANCORP INC COM 192025104 1,418 60,976 SH   SOLE   60,976 0 0
COLONY BANKCORP INC COM 19623P101 182 11,848 SH   SOLE   11,848 0 0
COLUMBIA FINL INC COM 197641103 3,113 197,167 SH   SOLE   197,167 0 0
COMERICA INC COM 200340107 1,755 26,600 SH   SOLE   26,600 0 0
COMMUNITY BANKERS TR CORP COM 203612106 2,189 254,521 SH   SOLE   254,521 0 0
COMMUNITY FINL CORP MD COM 20368X101 4,796 143,298 SH   SOLE   143,298 0 0
COMMUNITY FIRST BANCSHARES I COM 20369M104 321 31,469 SH   SOLE   31,469 0 0
COMMUNITY TR BANCORP INC COM 204149108 316 7,416 SH   SOLE   7,416 0 0
COMMUNITY WEST BANCSHARES COM 204157101 922 93,246 SH   SOLE   93,246 0 0
CONNECTONE BANCORP INC NEW COM 20786W107 3,308 149,008 SH   SOLE   149,008 0 0
COUNTY BANCORP INC COM 221907108 1,836 93,554 SH   SOLE   93,554 0 0
CUSTOMERS BANCORP INC COM 23204G100 14,236 686,408 SH   SOLE   686,408 0 0
DIME CMNTY BANCSHARES COM 253922108 7,954 371,495 SH   SOLE   371,495 0 0
EAGLE BANCORP INC MD COM 268948106 4,984 111,693 SH   SOLE   111,693 0 0
EAGLE BANCORP MONT INC COM 26942G100 1,060 60,585 SH   SOLE   60,585 0 0
ENTEGRA FINL CORP COM 29363J108 3,971 132,191 SH   SOLE   132,191 0 0
ENTERPRISE BANCORP INC MASS COM 293668109 1,369 45,676 SH   SOLE   45,676 0 0
FFBW INC COM 30258M107 608 55,337 SH   SOLE   55,337 0 0
FIFTH THIRD BANCORP COM 316773100 690 25,200 SH   SOLE   25,200 0 0
FINANCIAL INSTNS INC COM 317585404 6,254 207,219 SH   SOLE   207,219 0 0
FIRST BANK WILLIAMSTOWN NJ COM 31931U102 3,100 286,268 SH   SOLE   286,268 0 0
FIRST BUSEY CORP COM NEW 319383204 338 13,382 SH   SOLE   13,382 0 0
FIRST BUS FINL SVCS INC WIS COM 319390100 3,492 144,998 SH   SOLE   144,998 0 0
FIRST CHOICE BANCORP COM 31948P104 4,837 226,885 SH   SOLE   226,885 0 0
FIRST CMNTY CORP S C COM 319835104 977 50,129 SH   SOLE   50,129 0 0
FIRST FINANCIAL NORTHWEST IN COM 32022K102 2,867 194,012 SH   SOLE   194,012 0 0
FIRST FINL CORP IND COM 320218100 4,046 93,084 SH   SOLE   93,084 0 0
FIRST FNDTN INC COM 32026V104 4,217 276,088 SH   SOLE   276,088 0 0
FIRST GTY BANCSHARES INC COM 32043P106 1,107 50,008 SH   SOLE   50,008 0 0
FIRST HAWAIIAN INC COM 32051X108 1,925 72,100 SH   SOLE   72,100 0 0
FIRST MID ILL BANCSHARES INC COM 320866106 2,330 67,313 SH   SOLE   67,313 0 0
FIRST MIDWEST BANCORP DEL COM 320867104 3,049 156,512 SH   SOLE   156,512 0 0
FIRST NORTHWEST BANCORP COM 335834107 2,318 133,811 SH   SOLE   133,811 0 0
FIRST US BANCSHARES INC COM 33744V103 963 107,552 SH   SOLE   107,552 0 0
FIRST WESTN FINL INC COM 33751L105 429 25,122 SH   SOLE   25,122 0 0
FLUSHING FINL CORP COM 343873105 2,910 144,036 SH   SOLE   144,036 0 0
FNB CORP PA COM 302520101 3,255 282,338 SH   SOLE   282,338 0 0
FRANKLIN FINL NETWORK INC COM 35352P104 15,442 511,154 SH   SOLE   511,154 0 0
FS BANCORP INC COM 30263Y104 7,477 142,425 SH   SOLE   142,425 0 0
GLEN BURNIE BANCORP COM 377407101 375 34,723 SH   SOLE   34,723 0 0
GREAT SOUTHN BANCORP INC COM 390905107 2,475 43,459 SH   SOLE   43,459 0 0
GUARANTY FED BANCSHARES INC COM 40108P101 1,412 58,101 SH   SOLE   58,101 0 0
HANMI FINL CORP COM NEW 410495204 878 46,773 SH   SOLE   46,773 0 0
HARBORONE BANCORP INC COM 41165F101 206 20,507 SH   SOLE   20,507 0 0
HEARTLAND FINL USA INC COM 42234Q102 914 20,428 SH   SOLE   20,428 0 0
HERITAGE COMMERCE CORP COM 426927109 666 56,693 SH   SOLE   56,693 0 0
HILLTOP HOLDINGS INC COM 432748101 22,980 961,903 SH   SOLE   961,903 0 0
HMN FINL INC COM 40424G108 655 28,616 SH   SOLE   28,616 0 0
HOME BANCORP INC COM 43689E107 2,327 59,678 SH   SOLE   59,678 0 0
HOMESTREET INC COM 43785V102 10,229 374,431 SH   SOLE   374,431 0 0
HOMETRUST BANCSHARES INC COM 437872104 1,287 49,376 SH   SOLE   49,376 0 0
HOPE BANCORP INC COM 43940T109 9,587 668,582 SH   SOLE   668,582 0 0
HOWARD BANCORP INC COM 442496105 2,230 133,603 SH   SOLE   133,603 0 0
IBERIABANK CORP COM 450828108 6,721 88,967 SH   SOLE   88,967 0 0
IF BANCORP INC COM 44951J105 211 10,068 SH   SOLE   10,068 0 0
INTERNATIONAL BANCSHARES COR COM 459044103 13,162 340,798 SH   SOLE   340,798 0 0
INVESTORS BANCORP INC NEW COM 46146L101 5,317 468,086 SH   SOLE   468,086 0 0
LAKELAND BANCORP INC COM 511637100 2,685 173,999 SH   SOLE   173,999 0 0
LIMESTONE BANCORP INC COM 53262L105 339 21,949 SH   SOLE   21,949 0 0
MACKINAC FINL CORP COM 554571109 1,605 103,819 SH   SOLE   103,819 0 0
MALVERN BANCORP INC COM 561409103 1,007 46,139 SH   SOLE   46,139 0 0
MERCHANTS BANCORP IND COM 58844R108 1,034 62,506 SH   SOLE   62,506 0 0
MERIDIAN BANCORP INC MD COM 58958U103 1,784 95,138 SH   SOLE   95,138 0 0
MERIDIAN CORPORATION COM 58958P104 1,078 60,716 SH   SOLE   60,716 0 0
METROPOLITAN BK HLDG CORP COM 591774104 2,033 51,681 SH   SOLE   51,681 0 0
MID PENN BANCORP INC COM 59540G107 226 8,814 SH   SOLE   8,814 0 0
MIDWESTONE FINL GROUP INC NE COM 598511103 645 21,140 SH   SOLE   21,140 0 0
NORTHEAST BANCORP COM NEW 663904209 7,614 343,453 SH   SOLE   343,453 0 0
OAK VALLEY BANCORP OAKDALE C COM 671807105 542 32,303 SH   SOLE   32,303 0 0
OLD LINE BANCSHARES INC COM 67984M100 5,014 172,833 SH   SOLE   172,833 0 0
OP BANCORP COM 67109R109 5,017 512,973 SH   SOLE   512,973 0 0
OPUS BK IRVINE CALIF COM 684000102 3,897 178,985 SH   SOLE   178,985 0 0
ORITANI FINL CORP DEL COM 68633D103 2,519 142,374 SH   SOLE   142,374 0 0
ORRSTOWN FINL SVCS INC COM 687380105 1,004 45,852 SH   SOLE   45,852 0 0
PACIFIC MERCANTILE BANCORP COM 694552100 2,215 294,948 SH   SOLE   294,948 0 0
PACIFIC PREMIER BANCORP COM 69478X105 958 30,708 SH   SOLE   30,708 0 0
PACWEST BANCORP DEL COM 695263103 10,600 291,693 SH   SOLE   291,693 0 0
PARKE BANCORP INC COM 700885106 5,351 240,824 SH   SOLE   240,824 0 0
PB BANCORP INC COM 70454T100 290 25,152 SH   SOLE   25,152 0 0
PCB BANCORP COM 69320M109 3,153 191,670 SH   SOLE   191,670 0 0
PDL CMNTY BANCORP COM 69290X101 171 12,189 SH   SOLE   12,189 0 0
PEAPACK-GLADSTONE FINL CORP COM 704699107 1,394 49,725 SH   SOLE   49,725 0 0
PLUMAS BANCORP COM 729273102 924 45,752 SH   SOLE   45,752 0 0
PREMIER FINL BANCORP INC COM 74050M105 2,033 118,430 SH   SOLE   118,430 0 0
PROVIDENT BANCORP INC COM 74383X109 303 12,612 SH   SOLE   12,612 0 0
QCR HOLDINGS INC COM 74727A104 958 25,224 SH   SOLE   25,224 0 0
RANDOLPH BANCORP INC COM 752378109 248 17,111 SH   SOLE   17,111 0 0
RBB BANCORP COM 74930B105 5,599 284,361 SH   SOLE   284,361 0 0
REPUBLIC FIRST BANCORP INC COM 760416107 3,349 797,465 SH   SOLE   797,465 0 0
RIVERVIEW BANCORP INC COM 769397100 112 15,235 SH   SOLE   15,235 0 0
RIVERVIEW FINL CORP NEW COM 76940Q105 328 28,081 SH   SOLE   28,081 0 0
SB FINL GROUP INC COM 78408D105 1,348 80,656 SH   SOLE   80,656 0 0
SELECT BANCORP INC NEW COM 81617L108 2,744 236,511 SH   SOLE   236,511 0 0
SHORE BANCSHARES INC COM 825107105 1,635 106,107 SH   SOLE   106,107 0 0
SIERRA BANCORP COM 82620P102 2,196 82,669 SH   SOLE   82,669 0 0
SIMMONS 1ST NATL CORP CL A $1 PAR 828730200 224 9,005 SH   SOLE   9,005 0 0
SMARTFINANCIAL INC COM NEW 83190L208 2,990 143,557 SH   SOLE   143,557 0 0
SOUND FINL BANCORP INC COM 83607A100 1,419 39,288 SH   SOLE   39,288 0 0
SOUTH PLAINS FINANCIAL INC COM 83946P107 372 22,829 SH   SOLE   22,829 0 0
SOUTHERN NATL BANCORP OF VA COM 843395104 2,616 169,957 SH   SOLE   169,957 0 0
STEWARDSHIP FINL CORP COM 860326107 929 59,558 SH   SOLE   59,558 0 0
SUMMIT ST BK SANTA ROSA CALI COM 866264203 998 84,652 SH   SOLE   84,652 0 0
TEXAS CAPITAL BANCSHARES INC COM 88224Q107 16,238 297,131 SH   SOLE   297,131 0 0
TIMBERLAND BANCORP INC COM 887098101 2,059 74,890 SH   SOLE   74,890 0 0
TRICO BANCSHARES COM 896095106 1,786 49,196 SH   SOLE   49,196 0 0
TRUSTCO BK CORP N Y COM 898349105 1,659 203,615 SH   SOLE   203,615 0 0
TWO RIV BANCORP COM 90207C105 1,230 59,317 SH   SOLE   59,317 0 0
UNITED BANCSHARES INC OHIO COM 909458101 302 15,098 SH   SOLE   15,098 0 0
UNITED SECURITY BANCSHARES C COM 911460103 287 27,282 SH   SOLE   27,282 0 0
UNITY BANCORP INC COM 913290102 334 15,068 SH   SOLE   15,068 0 0
WATERSTONE FINL INC MD COM 94188P101 5,195 302,378 SH   SOLE   302,378 0 0
WINTRUST FINL CORP COM 97650W108 4,226 65,392 SH   SOLE   65,392 0 0
WVS FINL CORP COM 929358109 431 26,963 SH   SOLE   26,963 0 0