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 | 438,450 | 79 | SH | | SOLE | 0 | 79 | 0 | 0 |
1st Capital Bancorp | Com | 319427100 | 2,737,980 | 196,977 | SH | | SOLE | 0 | 196,977 | 0 | 0 |
1st Colonial Bancorp Inc | Com | 319716106 | 1,411,210 | 95,352 | SH | | SOLE | 0 | 95,352 | 0 | 0 |
Alpine Banks of Colorado | Com | 020810107 | 3,711,919 | 128,174 | SH | | SOLE | 0 | 128,174 | 0 | 0 |
American Business Bank | Com | 02475L105 | 1,481,018 | 39,077 | SH | | SOLE | 0 | 39,077 | 0 | 0 |
American Riviera Bancorp | Com | 02933K103 | 3,485,065 | 183,328 | SH | | SOLE | 0 | 183,328 | 0 | 0 |
Ballston Spa Bancorp Inc | Com | 058701103 | 1,121,044 | 19,633 | SH | | SOLE | 0 | 19,633 | 0 | 0 |
Bancorp 34 Inc | Com | 05970V106 | 1,191,419 | 107,142 | SH | | SOLE | 0 | 107,142 | 0 | 0 |
Bankwell Financial Group Inc | Com | 06654A103 | 3,304,623 | 110,338 | SH | | SOLE | 0 | 110,338 | 0 | 0 |
Banner Corp | Com | 06652V208 | 3,631,552 | 60,973 | SH | | SOLE | 0 | 60,973 | 0 | 0 |
BAY Community Bancorp | Com | 072205107 | 0 | 0 | SH | | SOLE | 0 | 0 | 0 | 0 |
Boyle Bancorp Inc | Com | 103442109 | 2,453,040 | 30,663 | SH | | SOLE | 0 | 30,663 | 0 | 0 |
California BanCorp | Com | 84252A106 | 3,084,543 | 208,556 | SH | | SOLE | 0 | 208,556 | 0 | 0 |
Canandaigua National Corp | Com | 137143103 | 1,408,578 | 7,573 | SH | | SOLE | 0 | 7,573 | 0 | 0 |
Cashmere Valley Bank | Com | 14756K102 | 4,957,002 | 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 | 613,547 | 18,700 | SH | | SOLE | 0 | 18,700 | 0 | 0 |
Chino Commercial Bancorp | Com | 16957L102 | 2,574,362 | 210,152 | SH | | SOLE | 0 | 210,152 | 0 | 0 |
Citba Financial Corp | Com | 173024100 | 1,464,175 | 61,391 | SH | | SOLE | 0 | 61,391 | 0 | 0 |
Citizens Bancorp/OR | Com | 172950107 | 1,053,257 | 102,258 | SH | | SOLE | 0 | 102,258 | 0 | 0 |
Citizens Financial Group Inc | Com | 174610105 | 4,613,434 | 112,331 | SH | | SOLE | 0 | 112,331 | 0 | 0 |
CNB Community Bancorp Inc | Com | 12618F105 | 2,402,422 | 63,205 | SH | | SOLE | 0 | 63,205 | 0 | 0 |
CNB Financial Corp/PA | Com | 126128107 | 2,406,000 | 100,000 | SH | | SOLE | 0 | 100,000 | 0 | 0 |
Columbia Banking System Inc | Com | 197236102 | 4,081,045 | 156,302 | SH | | SOLE | 0 | 156,302 | 0 | 0 |
Comerica Inc | Com | 200340107 | 4,741,577 | 79,145 | SH | | SOLE | 0 | 79,145 | 0 | 0 |
Community Bancorp of Santa Mar | Com | 20344R103 | 924,476 | 88,382 | SH | | SOLE | 0 | 88,382 | 0 | 0 |
Community Heritage Financial I | Com | 20370L103 | 2,612,250 | 129,000 | SH | | SOLE | 0 | 129,000 | 0 | 0 |
Community West Bancshares | Com | 203937107 | 4,049,550 | 210,257 | SH | | SOLE | 0 | 210,257 | 0 | 0 |
Cornerstone Bancorp Inc/IL | Com | 21925H100 | 105,490 | 1,400 | SH | | SOLE | 0 | 1,400 | 0 | 0 |
Cornerstone Community Bancorp | Com | 21925R108 | 3,831,255 | 143,708 | SH | | SOLE | 0 | 143,708 | 0 | 0 |
Crystal Valley Financial Corp | Com | 22941P100 | 3,039,518 | 49,820 | SH | | SOLE | 0 | 49,820 | 0 | 0 |
Embassy Bancorp Inc | Com | 290791102 | 2,154,968 | 138,139 | SH | | SOLE | 0 | 138,139 | 0 | 0 |
Enterprise Bancorp Inc/MA | Com | 293668109 | 4,771,276 | 149,289 | SH | | SOLE | 0 | 149,289 | 0 | 0 |
Exchange Bank/Santa Rosa CA | Com | 301227203 | 7,373,923 | 69,895 | SH | | SOLE | 0 | 69,895 | 0 | 0 |
Farmers & Merchants Bancorp/Lo | Com | 307795104 | 2,728,341 | 2,810 | SH | | SOLE | 0 | 2,810 | 0 | 0 |
Farmers & Merchants Bank of Lo | Com | 308243104 | 1,771,275 | 337 | SH | | SOLE | 0 | 337 | 0 | 0 |
Farmers and Merchants Bancshar | Com | 308856103 | 853,380 | 51,720 | SH | | SOLE | 0 | 51,720 | 0 | 0 |
Fentura Financial Inc | Com | 314645102 | 4,374,070 | 112,821 | SH | | SOLE | 0 | 112,821 | 0 | 0 |
FFD Financial Corp | Com | 30243C107 | 542,165 | 19,124 | SH | | SOLE | 0 | 19,124 | 0 | 0 |
Finwise Bancorp | Com | 31813A109 | 1,774,001 | 113,718 | SH | | SOLE | 0 | 113,718 | 0 | 0 |
First Berlin Bancorp Inc | Com | 319302105 | 17,867 | 958 | SH | | SOLE | 0 | 958 | 0 | 0 |
First Busey Corp | Com | 319383204 | 5,374,457 | 206,551 | SH | | SOLE | 0 | 206,551 | 0 | 0 |
First Capital Inc | Com | 31942S104 | 3,601,999 | 103,032 | SH | | SOLE | 0 | 103,032 | 0 | 0 |
First Citizens BancShares Inc/ | Com | 31946M103 | 12,857,195 | 6,984 | SH | | SOLE | 0 | 6,984 | 0 | 0 |
First Citizens BancShares Inc/ | Com | 31946M202 | 1,423,509 | 876 | SH | | SOLE | 0 | 876 | 0 | 0 |
First Community Bankshares Inc | Com | 31983A103 | 0 | 0 | SH | | SOLE | 0 | 0 | 0 | 0 |
First Horizon Corp | Com | 320517105 | 4,136,866 | 266,379 | SH | | SOLE | 0 | 266,379 | 0 | 0 |
First Mid Bancshares Inc | Com | 320866106 | 4,996,200 | 128,404 | SH | | SOLE | 0 | 128,404 | 0 | 0 |
First National Corp/VA | Com | 32106V107 | 5,536,003 | 316,343 | SH | | SOLE | 0 | 316,343 | 0 | 0 |
First National of Nebraska Inc | Com | 335720108 | 8,401,250 | 715 | SH | | SOLE | 0 | 715 | 0 | 0 |
First Ottawa Bancshares Inc | Com | 335876108 | 3,797,308 | 34,966 | SH | | SOLE | 0 | 34,966 | 0 | 0 |
Five Star Bancorp | Com | 33830T103 | 4,009,001 | 134,847 | SH | | SOLE | 0 | 134,847 | 0 | 0 |
FNB Corp/PA | Com | 302520101 | 3,705,187 | 262,593 | SH | | SOLE | 0 | 262,593 | 0 | 0 |
HBT Financial Inc | Com | 404111106 | 3,989,402 | 182,331 | SH | | SOLE | 0 | 182,331 | 0 | 0 |
Heartland BancCorp | Com | 421962101 | 4,669,391 | 33,067 | SH | | SOLE | 0 | 33,067 | 0 | 0 |
Heritage Commerce Corp | Com | 426927109 | 3,952,089 | 400,009 | SH | | SOLE | 0 | 400,009 | 0 | 0 |
Independent Bank Corp | Com | 453836108 | 3,547,800 | 60,000 | SH | | SOLE | 0 | 60,000 | 0 | 0 |
Jd Bancshares Inc | Com | 46591R108 | 315,039 | 14,952 | SH | | SOLE | 0 | 14,952 | 0 | 0 |
Ledyard Financial Group Inc | Com | 523338101 | 890,306 | 64,282 | SH | | SOLE | 0 | 64,282 | 0 | 0 |
M&T Bank Corp | Com | 55261F104 | 4,274,880 | 24,000 | SH | | SOLE | 0 | 24,000 | 0 | 0 |
Macatawa Bank Corp | Com | 554225102 | 0 | 0 | SH | | SOLE | 0 | 0 | 0 | 0 |
Main Street Financial Services | Com | 56035X108 | 1,744,955 | 126,446 | SH | | SOLE | 0 | 126,446 | 0 | 0 |
Mechanics Bank/Walnut Creek CA | Com | 583614102 | 2,340,000 | 90 | SH | | SOLE | 0 | 90 | 0 | 0 |
Merchants Bancorp/IN | Com | 58844R108 | 822,318 | 18,290 | SH | | SOLE | 0 | 18,290 | 0 | 0 |
Merchants Financial Group Inc | Com | 588538108 | 5,229,000 | 209,160 | SH | | SOLE | 0 | 209,160 | 0 | 0 |
Middlebury National Corp | Com | 596237107 | 525,006 | 21,127 | SH | | SOLE | 0 | 21,127 | 0 | 0 |
Mission Bancorp/Bakersfield CA | Com | 605015106 | 7,089,030 | 82,125 | SH | | SOLE | 0 | 82,125 | 0 | 0 |
Mission Valley Bancorp/Sun Val | Com | 60520E104 | 371,500 | 25,000 | SH | | SOLE | 0 | 25,000 | 0 | 0 |
Morris State BancShares Inc | Com | 618304109 | 102,500 | 5,000 | SH | | SOLE | 0 | 5,000 | 0 | 0 |
Mountain Commerce Bancorp Inc | Com | 624004107 | 1,917,994 | 93,197 | SH | | SOLE | 0 | 93,197 | 0 | 0 |
Oak Ridge Financial Services I | Com | 671768109 | 1,827,372 | 95,474 | SH | | SOLE | 0 | 95,474 | 0 | 0 |
Oak Valley Bancorp | Com | 671807105 | 9,527,816 | 358,593 | SH | | SOLE | 0 | 358,593 | 0 | 0 |
Old Second Bancorp Inc | Com | 680277100 | 2,541,762 | 163,038 | SH | | SOLE | 0 | 163,038 | 0 | 0 |
Oregon Pacific Bancorp | Com | 686040205 | 4,930,440 | 661,804 | SH | | SOLE | 0 | 661,804 | 0 | 0 |
Oxford Bank Corp/MI | Com | 69140P100 | 4,191,984 | 129,984 | SH | | SOLE | 0 | 129,984 | 0 | 0 |
Pacific Valley Bancorp | Com | 69503T103 | 1,935,747 | 211,557 | SH | | SOLE | 0 | 211,557 | 0 | 0 |
Parke Bancorp Inc | Com | 700885106 | 3,026,675 | 144,817 | SH | | SOLE | 0 | 144,817 | 0 | 0 |
Peoples Bancorp/WA | Com | 70979X107 | 1,050,000 | 5,000 | SH | | SOLE | 0 | 5,000 | 0 | 0 |
Pinnacle Bank/Gilroy CA | Com | 72346K107 | 4,043,623 | 211,708 | SH | | SOLE | 0 | 211,708 | 0 | 0 |
Pinnacle Financial Partners In | Com | 72346Q104 | 1,454,463 | 14,846 | SH | | SOLE | 0 | 14,846 | 0 | 0 |
Plumas Bancorp | Com | 729273102 | 8,963,526 | 219,802 | SH | | SOLE | 0 | 219,802 | 0 | 0 |
Premier Financial Corp | Com | 74052F108 | 3,738,016 | 159,200 | SH | | SOLE | 0 | 159,200 | 0 | 0 |
Prime Meridian Holding Co | Com | 74164R107 | 3,565,090 | 147,014 | SH | | SOLE | 0 | 147,014 | 0 | 0 |
Private Bancorp of America Inc | Com | 74274F100 | 2,646,150 | 59,800 | SH | | SOLE | 0 | 59,800 | 0 | 0 |
Provident Financial Services I | Com | 74386T105 | 3,520,943 | 189,706 | SH | | SOLE | 0 | 189,706 | 0 | 0 |
Red River Bancshares Inc | Com | 75686R202 | 3,456,908 | 66,479 | SH | | SOLE | 0 | 66,479 | 0 | 0 |
Redwood Capital Bancorp | Com | 75777X100 | 4,034,781 | 186,278 | SH | | SOLE | 0 | 186,278 | 0 | 0 |
Security National Corp/IA | Com | 814784104 | 2,439,765 | 18,214 | SH | | SOLE | 0 | 18,214 | 0 | 0 |
Shore Bancshares Inc | Com | 825107105 | 2,732,065 | 195,287 | SH | | SOLE | 0 | 195,287 | 0 | 0 |
Solvay Bank | Com | 83441Q105 | 2,441,472 | 76,296 | SH | | SOLE | 0 | 76,296 | 0 | 0 |
Southeastern Banking Corp | Com | 84158P108 | 2,040,234 | 96,011 | SH | | SOLE | 0 | 96,011 | 0 | 0 |
Southern BancShares NC Inc | Com | 842243107 | 6,710,275 | 1,100 | SH | | SOLE | 0 | 1,100 | 0 | 0 |
Southern Missouri Bancorp Inc | Com | 843380106 | 4,480,448 | 79,314 | SH | | SOLE | 0 | 79,314 | 0 | 0 |
Studio Financial Holdings Inc | Com | 864001102 | 1,141,084 | 115,261 | SH | | SOLE | 0 | 115,261 | 0 | 0 |
Summit Bancshares Inc/CA | Com | 866010101 | 1,346,778 | 31,161 | SH | | SOLE | 0 | 31,161 | 0 | 0 |
Synovus Financial Corp | Com | 87161C501 | 4,811,387 | 108,194 | SH | | SOLE | 0 | 108,194 | 0 | 0 |
Timberland Bancorp Inc/WA | Com | 887098101 | 6,985,430 | 230,847 | SH | | SOLE | 0 | 230,847 | 0 | 0 |
Traditions Bancorp Inc | Com | 89269L102 | 5,059,269 | 173,679 | SH | | SOLE | 0 | 173,679 | 0 | 0 |
Tri City Bankshares Corp | Com | 895364107 | 1,933,206 | 146,455 | SH | | SOLE | 0 | 146,455 | 0 | 0 |
Tri-County Financial Group Inc | Com | 89546P108 | 2,631,473 | 61,917 | SH | | SOLE | 0 | 61,917 | 0 | 0 |
United BanCorp of Alabama Inc | Com | 90944R100 | 4,154,584 | 81,896 | SH | | SOLE | 0 | 81,896 | 0 | 0 |
Valley National Bancorp | Com | 919794107 | 2,315,192 | 255,540 | SH | | SOLE | 0 | 255,540 | 0 | 0 |
Village Bank and Trust Financi | Com | 92705T200 | 1,778,608 | 23,326 | SH | | SOLE | 0 | 23,326 | 0 | 0 |
Washington Trust Bancorp Inc | Com | 940610108 | 3,866,778 | 120,049 | SH | | SOLE | 0 | 120,049 | 0 | 0 |
West Coast Community Bancorp | Com | 801827106 | 8,665,860 | 224,446 | SH | | SOLE | 0 | 224,446 | 0 | 0 |
Wintrust Financial Corp | Com | 97650W108 | 5,238,092 | 48,264 | SH | | SOLE | 0 | 48,264 | 0 | 0 |
Woodlands Financial Services C | Com | 979685104 | 1,472,566 | 74,372 | SH | | SOLE | 0 | 74,372 | 0 | 0 |
WSFS Financial Corp | Com | 929328102 | 2,234,331 | 43,819 | SH | | SOLE | 0 | 43,819 | 0 | 0 |
WTB Financial Corp | Com | 929334209 | 3,719,232 | 12,672 | SH | | SOLE | 0 | 12,672 | 0 | 0 |
Zions Bancorp NA | Com | 989701107 | 4,782,914 | 101,290 | SH | | SOLE | 0 | 101,290 | 0 | 0 |