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 | 409,220 | 79 | SH | | SOLE | 0 | 79 | 0 | 0 |
1st Capital Bancorp | Com | 319427100 | 2,373,573 | 196,977 | SH | | SOLE | 0 | 196,977 | 0 | 0 |
1st Colonial Bancorp Inc | Com | 319716106 | 1,458,886 | 95,352 | SH | | SOLE | 0 | 95,352 | 0 | 0 |
Alpine Banks of Colorado | Com | 020810107 | 3,415,837 | 128,174 | SH | | SOLE | 0 | 128,174 | 0 | 0 |
American Business Bank | Com | 02475L105 | 1,176,218 | 39,077 | SH | | SOLE | 0 | 39,077 | 0 | 0 |
American Riviera Bancorp | Com | 02933K103 | 2,990,080 | 183,328 | SH | | SOLE | 0 | 183,328 | 0 | 0 |
Ballston Spa Bancorp Inc | Com | 058701103 | 995,764 | 18,788 | SH | | SOLE | 0 | 18,788 | 0 | 0 |
Bancorp 34 Inc | Com | 05970V106 | 964,278 | 107,142 | SH | | SOLE | 0 | 107,142 | 0 | 0 |
Bankwell Financial Group Inc | Com | 06654A103 | 2,799,275 | 110,338 | SH | | SOLE | 0 | 110,338 | 0 | 0 |
Banner Corp | Com | 06652V208 | 3,026,700 | 60,973 | SH | | SOLE | 0 | 60,973 | 0 | 0 |
BAY Community Bancorp | Com | 072205107 | 3,132,477 | 243,583 | SH | | SOLE | 0 | 243,583 | 0 | 0 |
Boyle Bancorp Inc | Com | 103442109 | 2,172,225 | 28,963 | SH | | SOLE | 0 | 28,963 | 0 | 0 |
Canandaigua National Corp | Com | 137143103 | 1,262,016 | 6,573 | SH | | SOLE | 0 | 6,573 | 0 | 0 |
Cashmere Valley Bank | Com | 14756K102 | 4,315,560 | 88,597 | SH | | SOLE | 0 | 88,597 | 0 | 0 |
Cecil Bancorp Inc | Com | 149841306 | 551,252 | 367,501 | SH | | SOLE | 0 | 367,501 | 0 | 0 |
Century Financial Corp/MA | Com | 15652L102 | 446,250 | 15,000 | SH | | SOLE | 0 | 15,000 | 0 | 0 |
Chino Commercial Bancorp | Com | 16957L102 | 2,154,058 | 210,152 | SH | | SOLE | 0 | 210,152 | 0 | 0 |
Citba Financial Corp | Com | 173024100 | 1,404,626 | 61,391 | SH | | SOLE | 0 | 61,391 | 0 | 0 |
Citizens Bancorp/OR | Com | 172950107 | 1,075,754 | 102,258 | SH | | SOLE | 0 | 102,258 | 0 | 0 |
Citizens Financial Group Inc | Com | 174610105 | 4,047,286 | 112,331 | SH | | SOLE | 0 | 112,331 | 0 | 0 |
CNB Community Bancorp Inc | Com | 12618F105 | 2,088,925 | 63,205 | SH | | SOLE | 0 | 63,205 | 0 | 0 |
CNB Financial Corp/PA | Com | 126128107 | 2,041,000 | 100,000 | SH | | SOLE | 0 | 100,000 | 0 | 0 |
Columbia Banking System Inc | Com | 197236102 | 3,108,847 | 156,302 | SH | | SOLE | 0 | 156,302 | 0 | 0 |
Comerica Inc | Com | 200340107 | 4,039,561 | 79,145 | SH | | SOLE | 0 | 79,145 | 0 | 0 |
Community Bancorp of Santa Mar | Com | 20344R103 | 304,800 | 30,000 | SH | | SOLE | 0 | 30,000 | 0 | 0 |
Community Heritage Financial I | Com | 20370L103 | 2,180,100 | 129,000 | SH | | SOLE | 0 | 129,000 | 0 | 0 |
Community West Bancshares | Com | 203937107 | 4,902,815 | 265,017 | SH | | SOLE | 0 | 265,017 | 0 | 0 |
Cornerstone Bancorp Inc/IL | Com | 21925H100 | 102,620 | 1,400 | SH | | SOLE | 0 | 1,400 | 0 | 0 |
Cornerstone Community Bancorp | Com | 21925R108 | 4,095,678 | 143,708 | SH | | SOLE | 0 | 143,708 | 0 | 0 |
Crystal Valley Financial Corp | Com | 22941P100 | 2,703,855 | 46,820 | SH | | SOLE | 0 | 46,820 | 0 | 0 |
Embassy Bancorp Inc | Com | 290791102 | 1,418,157 | 109,089 | SH | | SOLE | 0 | 109,089 | 0 | 0 |
Enterprise Bancorp Inc/MA | Com | 293668109 | 3,385,347 | 136,067 | SH | | SOLE | 0 | 136,067 | 0 | 0 |
Exchange Bank/Santa Rosa CA | Com | 301227203 | 6,622,551 | 69,895 | SH | | SOLE | 0 | 69,895 | 0 | 0 |
Farmers & Merchants Bancorp/Lo | Com | 307795104 | 755,307 | 786 | SH | | SOLE | 0 | 786 | 0 | 0 |
Farmers & Merchants Bank of Lo | Com | 308243104 | 1,575,475 | 337 | SH | | SOLE | 0 | 337 | 0 | 0 |
Farmers and Merchants Bancshar | Com | 308856103 | 640,508 | 50,118 | SH | | SOLE | 0 | 50,118 | 0 | 0 |
Fentura Financial Inc | Com | 314645102 | 3,063,775 | 137,389 | SH | | SOLE | 0 | 137,389 | 0 | 0 |
FFD Financial Corp | Com | 30243C107 | 16,050 | 600 | SH | | SOLE | 0 | 600 | 0 | 0 |
Finwise Bancorp | Com | 31813A109 | 1,161,061 | 113,718 | SH | | SOLE | 0 | 113,718 | 0 | 0 |
First Busey Corp | Com | 319383204 | 5,000,600 | 206,551 | SH | | SOLE | 0 | 206,551 | 0 | 0 |
First Capital Inc | Com | 31942S104 | 2,631,772 | 87,755 | SH | | SOLE | 0 | 87,755 | 0 | 0 |
First Citizens BancShares Inc/ | Com | 31946M103 | 11,758,332 | 6,984 | SH | | SOLE | 0 | 6,984 | 0 | 0 |
First Citizens BancShares Inc/ | Com | 31946M202 | 1,292,100 | 876 | SH | | SOLE | 0 | 876 | 0 | 0 |
First Community Bankshares Inc | Com | 31983A103 | 949,183 | 25,765 | SH | | SOLE | 0 | 25,765 | 0 | 0 |
First Horizon Corp | Com | 320517105 | 4,200,797 | 266,379 | SH | | SOLE | 0 | 266,379 | 0 | 0 |
First Mid Bancshares Inc | Com | 320866106 | 4,221,924 | 128,404 | SH | | SOLE | 0 | 128,404 | 0 | 0 |
First National Corp/VA | Com | 32106V107 | 4,805,250 | 316,343 | SH | | SOLE | 0 | 316,343 | 0 | 0 |
First National of Nebraska Inc | Com | 335720108 | 8,276,125 | 715 | SH | | SOLE | 0 | 715 | 0 | 0 |
First Ottawa Bancshares Inc | Com | 335876108 | 3,342,595 | 33,059 | SH | | SOLE | 0 | 33,059 | 0 | 0 |
Five Star Bancorp | Com | 33830T103 | 3,189,132 | 134,847 | SH | | SOLE | 0 | 134,847 | 0 | 0 |
FNB Corp/PA | Com | 302520101 | 3,592,272 | 262,593 | SH | | SOLE | 0 | 262,593 | 0 | 0 |
HBT Financial Inc | Com | 404111106 | 3,723,199 | 182,331 | SH | | SOLE | 0 | 182,331 | 0 | 0 |
Heartland BancCorp | Com | 421962101 | 2,893,363 | 33,067 | SH | | SOLE | 0 | 33,067 | 0 | 0 |
Heritage Commerce Corp | Com | 426927109 | 3,480,078 | 400,009 | SH | | SOLE | 0 | 400,009 | 0 | 0 |
Independent Bank Corp | Com | 453836108 | 3,043,200 | 60,000 | SH | | SOLE | 0 | 60,000 | 0 | 0 |
Jd Bancshares Inc | Com | 46591R108 | 168,496 | 7,837 | SH | | SOLE | 0 | 7,837 | 0 | 0 |
Lakeland Bancorp Inc | Com | 511637100 | 0 | 0 | SH | | SOLE | 0 | 0 | 0 | 0 |
Ledyard Financial Group Inc | Com | 523338101 | 861,379 | 64,282 | SH | | SOLE | 0 | 64,282 | 0 | 0 |
M&T Bank Corp | Com | 55261F104 | 3,632,640 | 24,000 | SH | | SOLE | 0 | 24,000 | 0 | 0 |
Macatawa Bank Corp | Com | 554225102 | 5,143,551 | 352,298 | SH | | SOLE | 0 | 352,298 | 0 | 0 |
Main Street Financial Services | Com | 56035X108 | 1,511,621 | 122,597 | SH | | SOLE | 0 | 122,597 | 0 | 0 |
Mechanics Bank/Walnut Creek CA | Com | 583614102 | 2,340,000 | 90 | SH | | SOLE | 0 | 90 | 0 | 0 |
Merchants Financial Group Inc | Com | 588538108 | 4,925,718 | 209,160 | SH | | SOLE | 0 | 209,160 | 0 | 0 |
Middlebury National Corp | Com | 596237107 | 420,728 | 18,174 | SH | | SOLE | 0 | 18,174 | 0 | 0 |
Mission Bancorp/Bakersfield CA | Com | 605015106 | 6,618,096 | 77,125 | SH | | SOLE | 0 | 77,125 | 0 | 0 |
Mountain Commerce Bancorp Inc | Com | 624004107 | 1,529,363 | 93,197 | SH | | SOLE | 0 | 93,197 | 0 | 0 |
Oak Ridge Financial Services I | Com | 671768109 | 1,601,099 | 95,474 | SH | | SOLE | 0 | 95,474 | 0 | 0 |
Oak Valley Bancorp | Com | 671807105 | 8,954,067 | 358,593 | SH | | SOLE | 0 | 358,593 | 0 | 0 |
Old Second Bancorp Inc | Com | 680277100 | 2,414,593 | 163,038 | SH | | SOLE | 0 | 163,038 | 0 | 0 |
Open Lending Corp | Com | 68373J104 | 0 | 0 | SH | | SOLE | 0 | 0 | 0 | 0 |
Oregon Pacific Bancorp | Com | 686040205 | 4,392,830 | 644,110 | SH | | SOLE | 0 | 644,110 | 0 | 0 |
Oxford Bank Corp/MI | Com | 69140P100 | 3,459,284 | 111,231 | SH | | SOLE | 0 | 111,231 | 0 | 0 |
Pacific Valley Bancorp | Com | 69503T103 | 1,859,586 | 211,557 | SH | | SOLE | 0 | 211,557 | 0 | 0 |
Parke Bancorp Inc | Com | 700885106 | 2,519,816 | 144,817 | SH | | SOLE | 0 | 144,817 | 0 | 0 |
Peoples Bancorp/WA | Com | 70979X107 | 1,000,000 | 5,000 | SH | | SOLE | 0 | 5,000 | 0 | 0 |
Pinnacle Bank/Gilroy CA | Com | 72346K107 | 3,493,182 | 211,708 | SH | | SOLE | 0 | 211,708 | 0 | 0 |
Pinnacle Financial Partners In | Com | 72346Q104 | 1,188,274 | 14,846 | SH | | SOLE | 0 | 14,846 | 0 | 0 |
Plumas Bancorp | Com | 729273102 | 7,908,476 | 219,802 | SH | | SOLE | 0 | 219,802 | 0 | 0 |
Premier Financial Corp | Com | 74052F108 | 3,465,924 | 169,400 | SH | | SOLE | 0 | 169,400 | 0 | 0 |
Prime Meridian Holding Co | Com | 74164R107 | 3,249,009 | 147,014 | SH | | SOLE | 0 | 147,014 | 0 | 0 |
Private Bancorp of America Inc | Com | 74274F100 | 1,110,774 | 31,800 | SH | | SOLE | 0 | 31,800 | 0 | 0 |
Provident Financial Services I | Com | 74386T105 | 2,722,281 | 189,706 | SH | | SOLE | 0 | 189,706 | 0 | 0 |
Red River Bancshares Inc | Com | 75686R202 | 3,190,327 | 66,479 | SH | | SOLE | 0 | 66,479 | 0 | 0 |
Redwood Capital Bancorp | Com | 75777X100 | 3,988,212 | 186,278 | SH | | SOLE | 0 | 186,278 | 0 | 0 |
Security National Corp/IA | Com | 814784104 | 2,426,270 | 17,710 | SH | | SOLE | 0 | 17,710 | 0 | 0 |
Shore Bancshares Inc | Com | 825107105 | 2,236,036 | 195,287 | SH | | SOLE | 0 | 195,287 | 0 | 0 |
Solvay Bank | Com | 83441Q105 | 1,747,178 | 76,296 | SH | | SOLE | 0 | 76,296 | 0 | 0 |
Southeastern Banking Corp | Com | 84158P108 | 1,743,748 | 86,111 | SH | | SOLE | 0 | 86,111 | 0 | 0 |
Southern BancShares NC Inc | Com | 842243107 | 6,380,000 | 1,100 | SH | | SOLE | 0 | 1,100 | 0 | 0 |
Southern California Bancorp | Com | 84252A106 | 2,809,249 | 208,556 | SH | | SOLE | 0 | 208,556 | 0 | 0 |
Southern Missouri Bancorp Inc | Com | 843380106 | 3,569,923 | 79,314 | SH | | SOLE | 0 | 79,314 | 0 | 0 |
Studio Financial Holdings Inc | Com | 864001102 | 785,757 | 83,061 | SH | | SOLE | 0 | 83,061 | 0 | 0 |
Summit Bancshares Inc/CA | Com | 866010101 | 1,384,362 | 32,961 | SH | | SOLE | 0 | 32,961 | 0 | 0 |
Synovus Financial Corp | Com | 87161C501 | 4,348,317 | 108,194 | SH | | SOLE | 0 | 108,194 | 0 | 0 |
Timberland Bancorp Inc/WA | Com | 887098101 | 6,253,645 | 230,847 | SH | | SOLE | 0 | 230,847 | 0 | 0 |
Traditions Bancorp Inc | Com | 89269L102 | 2,735,444 | 173,679 | SH | | SOLE | 0 | 173,679 | 0 | 0 |
Tri City Bankshares Corp | Com | 895364107 | 1,539,242 | 146,455 | SH | | SOLE | 0 | 146,455 | 0 | 0 |
Tri-County Financial Group Inc | Com | 89546P108 | 2,414,763 | 61,917 | SH | | SOLE | 0 | 61,917 | 0 | 0 |
United BanCorp of Alabama Inc | Com | 90944R100 | 3,914,629 | 81,896 | SH | | SOLE | 0 | 81,896 | 0 | 0 |
Valley National Bancorp | Com | 919794107 | 1,783,669 | 255,540 | SH | | SOLE | 0 | 255,540 | 0 | 0 |
Village Bank and Trust Financi | Com | 92705T200 | 1,044,072 | 23,326 | SH | | SOLE | 0 | 23,326 | 0 | 0 |
Washington Trust Bancorp Inc | Com | 940610108 | 3,290,543 | 120,049 | SH | | SOLE | 0 | 120,049 | 0 | 0 |
Wayne Savings Bancshares Inc | Com | 94624Q101 | 0 | 0 | SH | | SOLE | 0 | 0 | 0 | 0 |
West Coast Community Bancorp | Com | 801827106 | 7,797,254 | 224,446 | SH | | SOLE | 0 | 224,446 | 0 | 0 |
Woodlands Financial Services C | Com | 979685104 | 1,230,857 | 74,372 | SH | | SOLE | 0 | 74,372 | 0 | 0 |
WSFS Financial Corp | Com | 929328102 | 2,059,493 | 43,819 | SH | | SOLE | 0 | 43,819 | 0 | 0 |
WTB Financial Corp | Com | 929334209 | 3,112,243 | 12,672 | SH | | SOLE | 0 | 12,672 | 0 | 0 |
Zions Bancorp NA | Com | 989701107 | 4,392,947 | 101,290 | SH | | SOLE | 0 | 101,290 | 0 | 0 |