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 |
1867 Western Financial Corp | COM | 282518109 | 460 | 63 | SH | | SOLE | | 63 | 0 | 0 |
1st Capital Bancorp | COM | 319427100 | 1,526 | 119,591 | SH | | SOLE | | 119,591 | 0 | 0 |
1st Colonial Bancorp Inc | COM | 319716106 | 886 | 90,352 | SH | | SOLE | | 90,352 | 0 | 0 |
1st Constitution Bancorp | COM | 31986N102 | 2,258 | 128,214 | SH | | SOLE | | 128,214 | 0 | 0 |
Alpine Banks of Colorado | COM | 020810107 | 1,181 | 37,500 | SH | | SOLE | | 37,500 | 0 | 0 |
American Business Bank | COM | 02475L105 | 103 | 2,610 | SH | | SOLE | | 2,610 | 0 | 0 |
American River Bankshares | COM | 029326105 | 2,779 | 170,378 | SH | | SOLE | | 170,378 | 0 | 0 |
American Riviera Bank | COM | 02932A106 | 66 | 3,648 | SH | | SOLE | | 3,648 | 0 | 0 |
Avidbank Holdings Inc | COM | 05368J103 | 1,826 | 82,983 | SH | | SOLE | | 82,983 | 0 | 0 |
Ballston Spa Bancorp Inc | COM | 058701103 | 876 | 17,695 | SH | | SOLE | | 17,695 | 0 | 0 |
Bank of Fincastle/The | COM | 062113105 | 1,474 | 486,486 | SH | | SOLE | | 486,486 | 0 | 0 |
Bank of Southside Virginia Cor | COM | 065121105 | 52 | 220 | SH | | SOLE | | 220 | 0 | 0 |
Bankwell Financial Group Inc | COM | 06654A103 | 2,974 | 110,338 | SH | | SOLE | | 110,338 | 0 | 0 |
Bay Banks of Virginia Inc | COM | 072035108 | 0 | 0 | SH | | SOLE | | 0 | 0 | 0 |
BAY Community Bancorp | COM | 072205107 | 3,251 | 464,409 | SH | | SOLE | | 464,409 | 0 | 0 |
Beach Bank | COM | 07332N103 | 1,495 | 498,365 | SH | | SOLE | | 498,365 | 0 | 0 |
Blue Ridge Bankshares Inc | COM | 095825105 | 4,916 | 224,087 | SH | | SOLE | | 224,087 | 0 | 0 |
Boyle Bancorp Inc | COM | 103442109 | 975 | 13,174 | SH | | SOLE | | 13,174 | 0 | 0 |
California BanCorp | COM | 13005U101 | 226 | 12,705 | SH | | SOLE | | 12,705 | 0 | 0 |
Canandaigua National Corp | COM | 137143103 | 1,287 | 6,373 | SH | | SOLE | | 6,373 | 0 | 0 |
Cashmere Valley Bank | COM | 14756K102 | 2,923 | 47,730 | SH | | SOLE | | 47,730 | 0 | 0 |
Cecil Bancorp Inc | COM | 149841306 | 349 | 367,501 | SH | | SOLE | | 367,501 | 0 | 0 |
Central Valley Community Banco | COM | 155685100 | 724 | 39,346 | SH | | SOLE | | 39,346 | 0 | 0 |
Citba Financial Corp | COM | 173024100 | 1,826 | 61,391 | SH | | SOLE | | 61,391 | 0 | 0 |
Citizens Bancorp/OR | COM | 172950107 | 948 | 55,766 | SH | | SOLE | | 55,766 | 0 | 0 |
Citizens Financial Group Inc | COM | 174610105 | 4,959 | 112,331 | SH | | SOLE | | 112,331 | 0 | 0 |
CNB Community Bancorp Inc | COM | 12618F105 | 1,107 | 30,309 | SH | | SOLE | | 30,309 | 0 | 0 |
Comerica Inc | COM | 200340107 | 5,678 | 79,145 | SH | | SOLE | | 79,145 | 0 | 0 |
Community Financial Corp/The | COM | 20368X101 | 1,689 | 49,308 | SH | | SOLE | | 49,308 | 0 | 0 |
Community West Bancshares | COM | 204157101 | 2,497 | 194,467 | SH | | SOLE | | 194,467 | 0 | 0 |
Comunibanc Corp | COM | 205846108 | 1,105 | 40,082 | SH | | SOLE | | 40,082 | 0 | 0 |
Cornerstone Community Bancorp | COM | 21925R108 | 2,972 | 126,479 | SH | | SOLE | | 126,479 | 0 | 0 |
Croghan Bancshares Inc | COM | 227072105 | 362 | 6,892 | SH | | SOLE | | 6,892 | 0 | 0 |
Crystal Valley Financial Corp | COM | 22941P100 | 2,435 | 42,710 | SH | | SOLE | | 42,710 | 0 | 0 |
Dacotah Banks Inc | COM | 233422104 | 1,025 | 31,927 | SH | | SOLE | | 31,927 | 0 | 0 |
Denver Bankshares Inc | COM | 249082108 | 410 | 1,951 | SH | | SOLE | | 1,951 | 0 | 0 |
Embassy Bancorp Inc | COM | 290791102 | 1,784 | 108,461 | SH | | SOLE | | 108,461 | 0 | 0 |
Enterprise Bancorp Inc/MA | COM | 293668109 | 3,031 | 93,202 | SH | | SOLE | | 93,202 | 0 | 0 |
Exchange Bank/Santa Rosa CA | COM | 301227203 | 11,533 | 69,895 | SH | | SOLE | | 69,895 | 0 | 0 |
Farmers & Merchants Bank of Lo | COM | 308243104 | 3,384 | 438 | SH | | SOLE | | 438 | 0 | 0 |
Farmers and Merchants Bancshar | COM | 308856103 | 2,311 | 122,268 | SH | | SOLE | | 122,268 | 0 | 0 |
Farmers Bankshares Inc | COM | 309479103 | 1,062 | 70,811 | SH | | SOLE | | 70,811 | 0 | 0 |
Fentura Financial Inc | COM | 314645102 | 2,642 | 113,389 | SH | | SOLE | | 113,389 | 0 | 0 |
Fifth Third Bancorp | CALL | 316773100 | 371 | 20,000 | SH | Call | SOLE | | 20,000 | 0 | 0 |
Financial Select Sector SPDR F | CALL | 81369Y605 | 0 | 0 | SH | Call | SOLE | | 0 | 0 | 0 |
First Bankers Trustshares Inc | COM | 31929F109 | 3,297 | 108,113 | SH | | SOLE | | 108,113 | 0 | 0 |
First Citizens BancShares Inc/ | COM | 31946M202 | 16,978 | 22,458 | SH | | SOLE | | 22,458 | 0 | 0 |
First Mid Bancshares Inc | COM | 320866106 | 4,811 | 109,523 | SH | | SOLE | | 109,523 | 0 | 0 |
First National Corp/VA | COM | 32106V107 | 4,111 | 236,123 | SH | | SOLE | | 236,123 | 0 | 0 |
First National of Nebraska Inc | COM | 335720108 | 8,151 | 715 | SH | | SOLE | | 715 | 0 | 0 |
First Northern Community Banco | COM | 335925103 | 1,735 | 166,780 | SH | | SOLE | | 166,780 | 0 | 0 |
First Ottawa Bancshares Inc | COM | 335876108 | 80 | 1,107 | SH | | SOLE | | 1,107 | 0 | 0 |
First Reliance Bancshares Inc | COM | 33615Q100 | 2,504 | 257,045 | SH | | SOLE | | 257,045 | 0 | 0 |
Foresight Financial Group Inc | COM | 345526107 | 3,024 | 99,047 | SH | | SOLE | | 99,047 | 0 | 0 |
Grand River Commerce Inc | COM | 386441109 | 1,299 | 176,693 | SH | | SOLE | | 176,693 | 0 | 0 |
Heartland BancCorp | COM | 421962101 | 2,571 | 27,067 | SH | | SOLE | | 27,067 | 0 | 0 |
Heritage Commerce Corp | COM | 426927109 | 4,049 | 331,365 | SH | | SOLE | | 331,365 | 0 | 0 |
Heritage Southeast BanCorp Inc | COM | 42727V105 | 2,119 | 141,269 | SH | | SOLE | | 141,269 | 0 | 0 |
Iowa First Bancshares Corp | COM | 46246F202 | 1,544 | 53,990 | SH | | SOLE | | 53,990 | 0 | 0 |
KeyCorp | CALL | 493267108 | 77 | 10,000 | SH | Call | SOLE | | 10,000 | 0 | 0 |
Ledyard Financial Group Inc | COM | 523338101 | 2,037 | 88,564 | SH | | SOLE | | 88,564 | 0 | 0 |
Macatawa Bank Corp | COM | 554225102 | 2,413 | 242,535 | SH | | SOLE | | 242,535 | 0 | 0 |
Marquette National Corp | COM | 571599109 | 2,565 | 79,528 | SH | | SOLE | | 79,528 | 0 | 0 |
Merchants Financial Group Inc | COM | 588538108 | 4,884 | 69,720 | SH | | SOLE | | 69,720 | 0 | 0 |
Middlebury National Corp | COM | 596237107 | 615 | 15,674 | SH | | SOLE | | 15,674 | 0 | 0 |
Middlefield Banc Corp | COM | 596304204 | 2,727 | 130,110 | SH | | SOLE | | 130,110 | 0 | 0 |
Mission Bancorp/Bakersfield CA | COM | 605015106 | 2,941 | 41,138 | SH | | SOLE | | 41,138 | 0 | 0 |
Mountain Commerce Bancorp Inc | COM | 624004107 | 798 | 33,597 | SH | | SOLE | | 33,597 | 0 | 0 |
NorthWest Indiana Bancorp | COM | 667516108 | 603 | 14,363 | SH | | SOLE | | 14,363 | 0 | 0 |
Oak Valley Bancorp | COM | 671807105 | 4,942 | 288,176 | SH | | SOLE | | 288,176 | 0 | 0 |
Oregon Pacific Bancorp | COM | 686040205 | 3,545 | 561,808 | SH | | SOLE | | 561,808 | 0 | 0 |
Oxford Bank Corp/MI | COM | 69140P100 | 3,076 | 111,231 | SH | | SOLE | | 111,231 | 0 | 0 |
Peapack-Gladstone Financial Co | COM | 704699107 | 3,931 | 127,300 | SH | | SOLE | | 127,300 | 0 | 0 |
Peoples Bancorp/WA | COM | 70979X107 | 905 | 5,000 | SH | | SOLE | | 5,000 | 0 | 0 |
Pinnacle Bank/Gilroy CA | COM | 72346K107 | 2,109 | 174,258 | SH | | SOLE | | 174,258 | 0 | 0 |
Pinnacle Financial Partners In | COM | 72346Q104 | 5,466 | 61,655 | SH | | SOLE | | 61,655 | 0 | 0 |
Plumas Bancorp | COM | 729273102 | 7,762 | 265,369 | SH | | SOLE | | 265,369 | 0 | 0 |
Premier Financial Corp | COM | 74052F108 | 3,871 | 116,400 | SH | | SOLE | | 116,400 | 0 | 0 |
Prime Meridian Holding Co | COM | 74164R107 | 1,576 | 79,209 | SH | | SOLE | | 79,209 | 0 | 0 |
Red River Bancshares Inc | COM | 75686R202 | 1,704 | 30,416 | SH | | SOLE | | 30,416 | 0 | 0 |
Redwood Capital Bancorp | COM | 75777X100 | 3,565 | 171,978 | SH | | SOLE | | 171,978 | 0 | 0 |
Regions Financial Corp | COM | 7591EP100 | 0 | 0 | SH | | SOLE | | 0 | 0 | 0 |
Regions Financial Corp | CALL | 7591EP100 | 0 | 0 | SH | Call | SOLE | | 0 | 0 | 0 |
Santa Cruz County Bank | COM | 801827106 | 3,887 | 75,485 | SH | | SOLE | | 75,485 | 0 | 0 |
Security Bancorp Inc/TN | COM | 81377P109 | 324 | 5,790 | SH | | SOLE | | 5,790 | 0 | 0 |
Security National Corp/IA | COM | 814784104 | 1,998 | 16,958 | SH | | SOLE | | 16,958 | 0 | 0 |
Solvay Bank | COM | 83441Q105 | 2,578 | 69,203 | SH | | SOLE | | 69,203 | 0 | 0 |
South Atlantic Bancshares Inc | COM | 83636T104 | 2,249 | 185,109 | SH | | SOLE | | 185,109 | 0 | 0 |
SouthCrest Financial Group Inc | COM | 84129X107 | 2,629 | 276,774 | SH | | SOLE | | 276,774 | 0 | 0 |
Southeastern Banking Corp | COM | 84158P108 | 1,248 | 65,689 | SH | | SOLE | | 65,689 | 0 | 0 |
Southern BancShares NC Inc | COM | 842243107 | 9,156 | 1,944 | SH | | SOLE | | 1,944 | 0 | 0 |
Southern California Bancorp | COM | 84252A106 | 2,993 | 208,556 | SH | | SOLE | | 208,556 | 0 | 0 |
Southern Missouri Bancorp Inc | COM | 843380106 | 1,998 | 50,691 | SH | | SOLE | | 50,691 | 0 | 0 |
SPDR S&P Regional Banking ETF | CALL | 78464A698 | 2,021 | 70,000 | SH | Call | SOLE | | 70,000 | 0 | 0 |
Star Financial Group Inc | COM | 855121109 | 1,191 | 18,903 | SH | | SOLE | | 18,903 | 0 | 0 |
Studio Bank | COM | 86389R100 | 799 | 83,061 | SH | | SOLE | | 83,061 | 0 | 0 |
Summit Bancshares Inc/CA | COM | 866010101 | 1,269 | 35,261 | SH | | SOLE | | 35,261 | 0 | 0 |
Surrey Bancorp | COM | 86888W105 | 1,111 | 87,653 | SH | | SOLE | | 87,653 | 0 | 0 |
Synovus Financial Corp | COM | 87161C501 | 4,950 | 108,194 | SH | | SOLE | | 108,194 | 0 | 0 |
Timberland Bancorp Inc/WA | COM | 887098101 | 6,534 | 234,951 | SH | | SOLE | | 234,951 | 0 | 0 |
Town and Country Financial Cor | COM | 892039108 | 1,258 | 59,333 | SH | | SOLE | | 59,333 | 0 | 0 |
Tri City Bankshares Corp | COM | 895364107 | 1,660 | 86,663 | SH | | SOLE | | 86,663 | 0 | 0 |
Tri-County Financial Group Inc | COM | 89546P108 | 1,680 | 44,217 | SH | | SOLE | | 44,217 | 0 | 0 |
United BanCorp of Alabama Inc | COM | 90944R100 | 1,950 | 69,029 | SH | | SOLE | | 69,029 | 0 | 0 |
Valley National Bancorp | COM | 919794107 | 3,511 | 255,540 | SH | | SOLE | | 255,540 | 0 | 0 |
Veritex Holdings Inc | COM | 923451108 | 3,796 | 116,000 | SH | | SOLE | | 116,000 | 0 | 0 |
Wayne Savings Bancshares Inc | COM | 94624Q101 | 894 | 37,584 | SH | | SOLE | | 37,584 | 0 | 0 |
West Suburban Bancorp Inc | COM | 956152409 | 3,388 | 6,392 | SH | | SOLE | | 6,392 | 0 | 0 |
Woodlands Financial Services C | COM | 979685104 | 2,102 | 64,372 | SH | | SOLE | | 64,372 | 0 | 0 |
WSFS Financial Corp | COM | 929328102 | 3,451 | 69,311 | SH | | SOLE | | 69,311 | 0 | 0 |
WTB Financial Corp | COM | 929334209 | 4,762 | 12,180 | SH | | SOLE | | 12,180 | 0 | 0 |
York Traditions Bank | COM | 987159100 | 3,500 | 173,679 | SH | | SOLE | | 173,679 | 0 | 0 |
Zions Bancorp NA | COM | 989701107 | 0 | 0 | SH | | SOLE | | 0 | 0 | 0 |
Zions Bancorp NA | CALL | 989701107 | 207 | 10,000 | SH | Call | SOLE | | 10,000 | 0 | 0 |