JCSD Capital 13F-HR Quarterly holdings report by institutional manager

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
Amerant Bancorp CL B	common	023576200	2,745	97,630	SH		SOLE		97,630	0	0
Ameris Bancorp	common	03076K108	2,257	56,180	SH		SOLE		56,180	0	0
Bancorp Inc Del	common	05969A105	2	100	SH		SOLE		100	0	0
Bank of NT Butterfield & Son	common	G0772R208	1,122	35,968	SH		SOLE		35,968	0	0
Bay Community Bancorp	common	072205107	1,352	160,000	SH		SOLE		160,000	0	0
Block Inc CL A	common	852234103	6	100	SH		SOLE		100	0	0
Cadence Bank	common	12740C103	1,855	79,000	SH		SOLE		79,000	0	0
Citigroup	common	172967424	5	100	SH		SOLE		100	0	0
Citigroup Jan 20 2023 75 call	call	172967904	1	100	PRN	Call	SOLE		100	0	0
Coastal Financial Corp WA	common	19046P209	2,762	72,448	SH		SOLE		72,448	0	0
Colony Bankcorp Inc	common	19623P101	1,811	120,000	SH		SOLE		120,000	0	0
Columbia BKG SYS Inc	common	197236102	716	25,000	SH		SOLE		25,000	0	0
Communities First Financial Corp	common	20344D104	8,150	147,646	SH		SOLE		147,646	0	0
Corecard Corporation	common	45816D100	1	10	SH		SOLE		10	0	0
Credit Accep Corp Mich August 19 2022 480 put	put	225310951	88	20	PRN	Put	SOLE		20	0	0
Curo Group Holdings Oct 21 2022 12.50 put	put	23131L957	36	49	PRN	Put	SOLE		49	0	0
East West Bancorp Inc	common	27579R104	71	1,100	SH		SOLE		1,100	0	0
East West Bancorp Inc Jul 15 2022 60 put	put	27579R954	4	50	PRN	Put	SOLE		50	0	0
FB Financial Corp	common	30257X104	1,421	36,225	SH		SOLE		36,225	0	0
Fidelity National INFO Jul 15 2022 125 call	call	31620M906	8	334	PRN	Call	SOLE		334	0	0
Fidelity National INFO Jul 15 2022 140 call	call	31620M906	2	600	PRN	Call	SOLE		600	0	0
Finwise Bancorp	common	31813A109	165	17,697	SH		SOLE		17,697	0	0
First Bancorp NC	common	318910106	2,326	66,653	SH		SOLE		66,653	0	0
First Bancshares Inc MS	common	318916103	5,045	176,399	SH		SOLE		176,399	0	0
First Business FINL SVCS Inc	common	319390100	3	100	SH		SOLE		100	0	0
First Internet Bancorp	common	320557101	1,748	47,462	SH		SOLE		47,462	0	0
First Intst Bancsystem CL A	common	32055Y201	305	8,000	SH		SOLE		8,000	0	0
First Northwest Bancorp	common	335834107	1,761	112,905	SH		SOLE		112,905	0	0
Flushing Financial	common	343873105	533	25,054	SH		SOLE		25,054	0	0
Gateway Bank FSB	common	36758P102	1,005	3,000,000	SH		SOLE		3,000,000	0	0
Goldman Sachs Group	common	38141G104	1	5	SH		SOLE		5	0	0
Goldman Sachs Group Sep 16 2022 270 put	put	38141G954	95	100	PRN	Put	SOLE		100	0	0
Grandsouth Bancorporation	common	386627301	3,856	123,600	SH		SOLE		123,600	0	0
Heritage Commerce Corp	common	426927109	1,486	139,049	SH		SOLE		139,049	0	0
Invesco QQQ TR July 8 2022 245 put	put	46090E953	14	1,000	PRN	Put	SOLE		1,000	0	0
Invesco QQQ TR July 8 2022 275 put	put	46090E953	352	1,000	PRN	Put	SOLE		1,000	0	0
ISHARES 20 YEAR TREAS July 15 2022 125 call	call	464287902	28	2,509	PRN	Call	SOLE		2,509	0	0
ISHARES IBOXX HIGH YD Oct 21 2022 71 put	put	464288953	217	1,000	PRN	Put	SOLE		1,000	0	0
ISHARES TR US BR DEL SE ETF	common	464288794	3,443	41,000	SH		SOLE		41,000	0	0
Lakeland Bancorp Inc	common	511637100	1,127	77,062	SH		SOLE		77,062	0	0
Mainstreet Bancshares Inc	common	56064Y100	1,524	66,937	SH		SOLE		66,937	0	0
Marqeta Inc CL A	common	57142B104	957	118,000	SH		SOLE		118,000	0	0
Marqeta Inc July 15 2022 7.50 put	put	57142B954	8	250	PRN	Put	SOLE		250	0	0
Mastercard Incorporated CL A	common	57636Q104	3	10	SH		SOLE		10	0	0
McHenry Bancorp, Inc.	common	580683209	1,910	68,209	SH		SOLE		68,209	0	0
Metropolitan Bk Hldg	common	591774104	2,825	40,700	SH		SOLE		40,700	0	0
Metro Phoenix Bank	common	59165E106	1,260	73,667	SH		SOLE		73,667	0	0
MVB Financial	common	553810102	901	28,951	SH		SOLE		28,951	0	0
NCINO Inc	common	63947X101	390	12,600	SH		SOLE		12,600	0	0
New York Cmnty Bancorp Inc	common	649445103	64	7,000	SH		SOLE		7,000	0	0
New York Cmnty Bancorp Inc Jan 19 2024 8 call	call	649445903	321	1,760	PRN	Call	SOLE		1,760	0	0
Nuvei Corporation	SUB VTG SHS	67079A102	1	10	SH		SOLE		10	0	0
Nuvei Corporation Sep 16 2022 45 call	call	67079A902	58	250	PRN	Call	SOLE		250	0	0
Oceanfirst Financial	common	675234108	210	11,000	SH		SOLE		11,000	0	0
Onemain Hldgs Inc July 15 2022 45 call	call	68268W903	1	4	PRN	Call	SOLE		4	0	0
Pacific Premier Bancorp	common	69478X105	2,074	70,945	SH		SOLE		70,945	0	0
Pacific West Bank West Linn	common	69506W202	1,444	109,627	SH		SOLE		109,627	0	0
Pacwest Bancorp DEL	common	695263103	3,207	120,300	SH		SOLE		120,300	0	0
Paya Holdings Inc	common	70434P103	434	66,000	SH		SOLE		66,000	0	0
Payoneer Global Inc	common	70451X104	710	181,100	SH		SOLE		181,100	0	0
Paysafe Limited Jul 15 2022 3 call	call	G6964L907	2	1,540	PRN	Call	SOLE		1,540	0	0
Paysign Inc	common	70451A104	468	308,116	SH		SOLE		308,116	0	0
Paysign Inc Jan 20 2023 2.50 call	call	70451A904	10	590	PRN	Call	SOLE		590	0	0
PCB Bancorp	common	69320M109	290	15,529	SH		SOLE		15,529	0	0
Popular Inc	common	733174700	1,700	22,100	SH		SOLE		22,100	0	0
Riverview Bancorp Inc	common	769397100	3,449	524,181	SH		SOLE		524,181	0	0
Financial Select Sector SPDR ETF July 8 2022 30 put	put	81369Y955	55	5,000	PRN	Put	SOLE		5,000	0	0
Financial Select Sector SPDR ETF July 15 2022 34 call	call	81369Y905	22	4,000	PRN	Call	SOLE		4,000	0	0
Financial Select Sector SPDR ETF July 15 2022 35 call	call	81369Y905	30	15,000	PRN	Call	SOLE		15,000	0	0
Financial Select Sector SPDR ETF July 15 2022 28 put	put	81369Y955	28	5,000	PRN	Put	SOLE		5,000	0	0
Financial Select Sector SPDR ETF July 15 2022 30 put	put	81369Y955	133	5,000	PRN	Put	SOLE		5,000	0	0
Shift4 PMTS Inc CL A	common	82452J109	1	9	SH		SOLE		9	0	0
Shift4 PMTS Inc July 15 2022 50 call	call	82452J909	3	220	PRN	Call	SOLE		220	0	0
Shift4 PMTS Inc Oct 21 2022 40 call	call	82452J909	86	240	PRN	Call	SOLE		240	0	0
Signature BK New York	common	82669G104	108	600	SH		SOLE		600	0	0
Southern Sts Bancshares Inc	common	843878307	3,390	150,755	SH		SOLE		150,755	0	0
SVB Financial Group	common	78486Q101	39	100	SH		SOLE		100	0	0
SPDR SER TR S&P REGL BKG July 8 2022 55 put	put	78464A958	50	1,000	PRN	Put	SOLE		1,000	0	0
SPDR SER TR S&P REGL BKG July 8 2022 56 put	put	78464A958	200	5,000	PRN	Put	SOLE		5,000	0	0
Synchrony Financial July 15 2022 27 put	put	87165B953	18	200	PRN	Put	SOLE		200	0	0
Synchrony Financial July 22 2022 27 put	put	87165B953	12	100	PRN	Put	SOLE		100	0	0
Triumph Bancorp Inc	common	89679E300	3	50	SH		SOLE		50	0	0
United Community Banks Blairsvle GA	common	90984P303	3,132	103,756	SH		SOLE		103,756	0	0
US Metro Bank	common	90343B102	4,675	1,165,925	SH		SOLE		1,165,925	0	0
Valley Natl Bancorp	common	919794107	231	22,200	SH		SOLE		22,200	0	0
Western Alliance Bancorp	common	957638109	2,628	37,221	SH		SOLE		37,221	0	0
World Acceptance Corp Aug 19 2022 110 put	put	981419954	19	20	PRN	Put	SOLE		20	0	0
ZIONS Bancorporation NA	common	989701107	25	500	SH		SOLE		500	0	0