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
AMERIS BANCORP COM 03076K108 12,840,144 247,497 SH   SOLE   247,497 0 0
BANC OF CALIFORNIA COM 05990K106 62,897,784 3,401,719 SH   SOLE   3,401,719 0 0
BANK MARIN BANCORP COM 063425102 6,294,737 166,748 SH   SOLE   166,748 0 0
BANKFINANCIAL COM 06643P104 12,110,505 1,054,922 SH   SOLE   1,054,922 0 0
BAYCOM COM 07272M107 2,985,858 160,530 SH   SOLE   160,530 0 0
CAPITAL ONE FINL COM 14040H105 23,493,749 145,050 SH   SOLE   145,050 0 0
CITIGROUP COM 172967424 10,166,836 144,868 SH   SOLE   144,868 0 0
CITIZENS FINL GROUP COM 174610105 14,307,900 304,553 SH   SOLE   304,553 0 0
CODORUS VY BANCORP COM 192025104 2,188,679 97,102 SH   SOLE   97,102 0 0
COMERICA COM 200340107 2,173,500 27,000 SH   SOLE   27,000 0 0
COMMUNITY WEST BANCSHARES COM 204157101 6,188,904 474,460 SH   SOLE   474,460 0 0
ENTERPRISE FINL SVCS COM 293712105 32,648,963 721,046 SH   SOLE   721,046 0 0
EVANS BANCORP COM NEW 29911Q208 15,698,213 409,875 SH   SOLE   409,875 0 0
F N B COM 302520101 23,086,209 1,986,765 SH   SOLE   1,986,765 0 0
FIFTH THIRD BANCORP COM 316773100 4,651,382 109,599 SH   SOLE   109,599 0 0
FIRST BK WILLIAMSTOWN NEW JERS COM 31931U102 199,796 14,180 SH   SOLE   14,180 0 0
FIRST FINANCIAL NORTHWEST COM 32022K102 818,500 50,000 SH   SOLE   50,000 0 0
FIRST FINL BANCORP OH COM 320209109 4,011,631 171,364 SH   SOLE   171,364 0 0
FIRST HORIZON CORPORATION COM 320517105 4,072,500 250,000 SH   SOLE   250,000 0 0
FIRST INTERNET BANCORP COM 320557101 561,240 18,000 SH   SOLE   18,000 0 0
FIRST MERCHANTS COM 320817109 31,435,773 751,333 SH   SOLE   751,333 0 0
HAWTHORN BANCSHARES COM 420476103 7,242,827 312,730 SH   SOLE   312,730 0 0
HORIZON BANCORP COM 440407104 24,633,287 1,355,712 SH   SOLE   1,355,712 0 0
HUNTINGTON BANCSHARES COM 446150104 4,096,900 265,000 SH   SOLE   265,000 0 0
INDEPENDENT BK MICH COM 453838609 7,732,478 359,985 SH   SOLE   359,985 0 0
KEYCORP COM 493267108 7,026,500 325,000 SH   SOLE   325,000 0 0
LUMENT FINANCE TRUST COM 55025L108 3,292,098 831,338 SH   SOLE   831,338 0 0
MAGYAR BANCORP COM 55977T208 7,540,478 658,557 SH   SOLE   658,557 0 0
MALVERN BANCORP COM 561409103 12,809,797 753,961 SH   SOLE   753,961 0 0
MERCHANTS BANCORP IND COM 58844R108 1,862,471 47,187 SH   SOLE   47,187 0 0
MIDLAND STATES BANCORP INC COM 597742105 247,300 10,000 SH   SOLE   10,000 0 0
NEW YORK CMNTY BANCORP COM 649445103 1,287,000 100,000 SH   SOLE   100,000 0 0
NORTHWEST BANCSHARES MD COM 667340103 1,559,670 117,445 SH   SOLE   117,445 0 0
OLD POINT FINL COM 680194107 11,046,961 519,857 SH   SOLE   519,857 0 0
PRIMIS FINANCIAL COM 74167B109 7,826,605 541,259 SH   SOLE   541,259 0 0
PROVIDENT FINL SVCS COM 74386T105 3,276,623 139,609 SH   SOLE   139,609 0 0
RELIANT BANCORP COM 75956B101 5,486,678 173,684 SH   SOLE   173,684 0 0
SOUTHERN FIRST BANCSHARES INC COM 842873101 535,000 10,000 SH   SOLE   10,000 0 0
STERLING BANCORP DEL COM 85917A100 571,584 22,900 SH   SOLE   22,900 0 0
SYNCHRONY FINANCIAL COM 87165B103 14,918,176 305,200 SH   SOLE   305,200 0 0
UMPQUA HLDGS COM 904214103 1,419,525 70,100 SH   SOLE   70,100 0 0