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 | 440,425 | 79 | SH | | SOLE | 0 | 79 | 0 | 0 |
1st Capital Bancorp | Com | 319427100 | 0 | 0 | SH | | SOLE | 0 | 0 | 0 | 0 |
1st Colonial Bancorp Inc | Com | 319716106 | 1,382,604 | 95,352 | SH | | SOLE | 0 | 95,352 | 0 | 0 |
Alpine Banks of Colorado | Com | 020810107 | 4,345,099 | 128,174 | SH | | SOLE | 0 | 128,174 | 0 | 0 |
American Business Bank | Com | 02475L105 | 1,701,803 | 39,077 | SH | | SOLE | 0 | 39,077 | 0 | 0 |
American Riviera Bancorp | Com | 02933K103 | 3,569,396 | 183,328 | SH | | SOLE | 0 | 183,328 | 0 | 0 |
Ballston Spa Bancorp Inc | Com | 058701103 | 1,325,936 | 22,802 | SH | | SOLE | 0 | 22,802 | 0 | 0 |
Bancorp 34 Inc | Com | 05970V106 | 1,266,418 | 107,142 | SH | | SOLE | 0 | 107,142 | 0 | 0 |
Bankwell Financial Group Inc | Com | 06654A103 | 3,437,029 | 110,338 | SH | | SOLE | 0 | 110,338 | 0 | 0 |
Banner Corp | Com | 06652V208 | 4,071,167 | 60,973 | SH | | SOLE | 0 | 60,973 | 0 | 0 |
Boyle Bancorp Inc | Com | 103442109 | 2,611,233 | 31,419 | SH | | SOLE | 0 | 31,419 | 0 | 0 |
California BanCorp | Com | 84252A106 | 3,449,516 | 208,556 | SH | | SOLE | 0 | 208,556 | 0 | 0 |
Canandaigua National Corp | Com | 137143103 | 1,556,781 | 8,507 | SH | | SOLE | 0 | 8,507 | 0 | 0 |
Cashmere Valley Bank | Com | 14756K102 | 5,271,407 | 91,597 | SH | | SOLE | 0 | 91,597 | 0 | 0 |
Cecil Bancorp Inc | Com | 149841306 | 470,401 | 367,501 | SH | | SOLE | 0 | 367,501 | 0 | 0 |
Central BanCo Inc | Com | 152413100 | 26,800 | 40 | SH | | SOLE | 0 | 40 | 0 | 0 |
Central BanCo Inc | Com | 152413209 | 208,266 | 309 | SH | | SOLE | 0 | 309 | 0 | 0 |
Century Financial Corp/MA | Com | 15652L102 | 947,937 | 25,613 | SH | | SOLE | 0 | 25,613 | 0 | 0 |
Chino Commercial Bancorp | Com | 16957L102 | 3,087,907 | 227,052 | SH | | SOLE | 0 | 227,052 | 0 | 0 |
Citba Financial Corp | Com | 173024100 | 1,691,322 | 61,391 | SH | | SOLE | 0 | 61,391 | 0 | 0 |
Citizens Bancorp/OR | Com | 172950107 | 1,032,806 | 102,258 | SH | | SOLE | 0 | 102,258 | 0 | 0 |
Citizens Financial Group Inc | Com | 174610105 | 4,915,605 | 112,331 | SH | | SOLE | 0 | 112,331 | 0 | 0 |
CNB Community Bancorp Inc | Com | 12618F105 | 2,660,931 | 63,205 | SH | | SOLE | 0 | 63,205 | 0 | 0 |
CNB Financial Corp/PA | Com | 126128107 | 2,486,000 | 100,000 | SH | | SOLE | 0 | 100,000 | 0 | 0 |
Columbia Banking System Inc | Com | 197236102 | 4,221,717 | 156,302 | SH | | SOLE | 0 | 156,302 | 0 | 0 |
Comerica Inc | Com | 200340107 | 4,895,118 | 79,145 | SH | | SOLE | 0 | 79,145 | 0 | 0 |
Community Bancorp of Santa Mar | Com | 20344R103 | 1,294,064 | 120,378 | SH | | SOLE | 0 | 120,378 | 0 | 0 |
Community Heritage Financial I | Com | 20370L103 | 3,031,500 | 129,000 | SH | | SOLE | 0 | 129,000 | 0 | 0 |
Community West Bancshares | Com | 203937107 | 4,072,678 | 210,257 | SH | | SOLE | 0 | 210,257 | 0 | 0 |
Cornerstone Bancorp Inc/IL | Com | 21925H100 | 275,748 | 3,462 | SH | | SOLE | 0 | 3,462 | 0 | 0 |
Cornerstone Community Bancorp | Com | 21925R108 | 3,815,447 | 143,708 | SH | | SOLE | 0 | 143,708 | 0 | 0 |
Crystal Valley Financial Corp | Com | 22941P100 | 3,269,330 | 51,445 | SH | | SOLE | 0 | 51,445 | 0 | 0 |
Embassy Bancorp Inc | Com | 290791102 | 2,252,884 | 138,639 | SH | | SOLE | 0 | 138,639 | 0 | 0 |
Enterprise Bancorp Inc/MA | Com | 293668109 | 4,398,706 | 111,247 | SH | | SOLE | 0 | 111,247 | 0 | 0 |
Exchange Bank/Santa Rosa CA | Com | 301227203 | 7,199,884 | 69,895 | SH | | SOLE | 0 | 69,895 | 0 | 0 |
Farmers & Merchants Bancorp/Lo | Com | 307795104 | 3,218,250 | 3,065 | SH | | SOLE | 0 | 3,065 | 0 | 0 |
Farmers & Merchants Bank of Lo | Com | 308243104 | 1,913,149 | 337 | SH | | SOLE | 0 | 337 | 0 | 0 |
Farmers and Merchants Bancshar | Com | 308856103 | 1,154,176 | 68,906 | SH | | SOLE | 0 | 68,906 | 0 | 0 |
Fentura Financial Inc | Com | 314645102 | 4,608,158 | 104,850 | SH | | SOLE | 0 | 104,850 | 0 | 0 |
FFD Financial Corp | Com | 30243C107 | 831,897 | 25,209 | SH | | SOLE | 0 | 25,209 | 0 | 0 |
Finwise Bancorp | Com | 31813A109 | 1,817,214 | 113,718 | SH | | SOLE | 0 | 113,718 | 0 | 0 |
First Berlin Bancorp Inc | Com | 319302105 | 21,459 | 958 | SH | | SOLE | 0 | 958 | 0 | 0 |
First Busey Corp | Com | 319383204 | 0 | 0 | SH | | SOLE | 0 | 0 | 0 | 0 |
First Capital Inc | Com | 31942S104 | 3,322,782 | 103,032 | SH | | SOLE | 0 | 103,032 | 0 | 0 |
First Citizens BancShares Inc/ | Com | 31946M103 | 14,757,332 | 6,984 | SH | | SOLE | 0 | 6,984 | 0 | 0 |
First Citizens BancShares Inc/ | Com | 31946M202 | 1,528,620 | 876 | SH | | SOLE | 0 | 876 | 0 | 0 |
First Horizon Corp | Com | 320517105 | 5,364,873 | 266,379 | SH | | SOLE | 0 | 266,379 | 0 | 0 |
First Mid Bancshares Inc | Com | 320866106 | 4,727,835 | 128,404 | SH | | SOLE | 0 | 128,404 | 0 | 0 |
First National Corp/VA | Com | 32106V107 | 7,279,052 | 316,343 | SH | | SOLE | 0 | 316,343 | 0 | 0 |
First National of Nebraska Inc | Com | 335720108 | 8,580,000 | 715 | SH | | SOLE | 0 | 715 | 0 | 0 |
First Ottawa Bancshares Inc | Com | 335876108 | 4,575,029 | 36,408 | SH | | SOLE | 0 | 36,408 | 0 | 0 |
Five Star Bancorp | Com | 33830T103 | 4,057,546 | 134,847 | SH | | SOLE | 0 | 134,847 | 0 | 0 |
FNB Corp/PA | Com | 302520101 | 3,881,125 | 262,593 | SH | | SOLE | 0 | 262,593 | 0 | 0 |
HBT Financial Inc | Com | 404111106 | 3,993,049 | 182,331 | SH | | SOLE | 0 | 182,331 | 0 | 0 |
Heartland BancCorp | Com | 421962101 | 3,256,876 | 21,626 | SH | | SOLE | 0 | 21,626 | 0 | 0 |
Heritage Commerce Corp | Com | 426927109 | 0 | 0 | SH | | SOLE | 0 | 0 | 0 | 0 |
Independent Bank Corp | Com | 453836108 | 3,851,400 | 60,000 | SH | | SOLE | 0 | 60,000 | 0 | 0 |
Jd Bancshares Inc | Com | 46591R108 | 1,272,733 | 52,723 | SH | | SOLE | 0 | 52,723 | 0 | 0 |
Ledyard Financial Group Inc | Com | 523338101 | 977,086 | 64,282 | SH | | SOLE | 0 | 64,282 | 0 | 0 |
M&T Bank Corp | Com | 55261F104 | 4,512,240 | 24,000 | SH | | SOLE | 0 | 24,000 | 0 | 0 |
Main Street Financial Services | Com | 56035X108 | 1,801,856 | 126,446 | SH | | SOLE | 0 | 126,446 | 0 | 0 |
Mechanics Bank/Walnut Creek CA | Com | 583614102 | 2,359,400 | 94 | SH | | SOLE | 0 | 94 | 0 | 0 |
Merchants Bancorp/IN | Com | 58844R108 | 0 | 0 | SH | | SOLE | 0 | 0 | 0 | 0 |
Merchants Financial Group Inc | Com | 588538108 | 5,239,458 | 209,160 | SH | | SOLE | 0 | 209,160 | 0 | 0 |
Middlebury National Corp | Com | 596237107 | 766,227 | 24,717 | SH | | SOLE | 0 | 24,717 | 0 | 0 |
Mission Bancorp/Bakersfield CA | Com | 605015106 | 7,721,393 | 82,125 | SH | | SOLE | 0 | 82,125 | 0 | 0 |
Mission Valley Bancorp/Sun Val | Com | 60520E104 | 426,250 | 25,000 | SH | | SOLE | 0 | 25,000 | 0 | 0 |
Morris State BancShares Inc | Com | 618304109 | 112,500 | 5,000 | SH | | SOLE | 0 | 5,000 | 0 | 0 |
Mountain Commerce Bancorp Inc | Com | 624004107 | 2,658,122 | 125,147 | SH | | SOLE | 0 | 125,147 | 0 | 0 |
Oak Ridge Financial Services I | Com | 671768109 | 2,292,691 | 110,758 | SH | | SOLE | 0 | 110,758 | 0 | 0 |
Oak Valley Bancorp | Com | 671807105 | 10,488,845 | 358,593 | SH | | SOLE | 0 | 358,593 | 0 | 0 |
Old Second Bancorp Inc | Com | 680277100 | 2,898,816 | 163,038 | SH | | SOLE | 0 | 163,038 | 0 | 0 |
Oregon Pacific Bancorp | Com | 686040205 | 5,201,779 | 661,804 | SH | | SOLE | 0 | 661,804 | 0 | 0 |
Oxford Bank Corp/MI | Com | 69140P100 | 4,579,866 | 135,499 | SH | | SOLE | 0 | 135,499 | 0 | 0 |
Pacific Valley Bancorp | Com | 69503T103 | 1,979,444 | 215,157 | SH | | SOLE | 0 | 215,157 | 0 | 0 |
Parke Bancorp Inc | Com | 700885106 | 2,970,197 | 144,817 | SH | | SOLE | 0 | 144,817 | 0 | 0 |
Partners Bank of California | Com | 70212Y102 | 394,570 | 39,457 | SH | | SOLE | 0 | 39,457 | 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 | 3,958,940 | 211,708 | SH | | SOLE | 0 | 211,708 | 0 | 0 |
Pinnacle Financial Partners In | Com | 72346Q104 | 1,698,234 | 14,846 | SH | | SOLE | 0 | 14,846 | 0 | 0 |
Plumas Bancorp | Com | 729273102 | 10,387,843 | 219,802 | SH | | SOLE | 0 | 219,802 | 0 | 0 |
Premier Financial Corp | Com | 74052F108 | 1,370,041 | 53,580 | SH | | SOLE | 0 | 53,580 | 0 | 0 |
Prime Meridian Holding Co | Com | 74164R107 | 4,410,420 | 147,014 | SH | | SOLE | 0 | 147,014 | 0 | 0 |
Private Bancorp of America Inc | Com | 74274F100 | 3,516,802 | 60,897 | SH | | SOLE | 0 | 60,897 | 0 | 0 |
Provident Financial Services I | Com | 74386T105 | 3,579,752 | 189,706 | SH | | SOLE | 0 | 189,706 | 0 | 0 |
Red River Bancshares Inc | Com | 75686R202 | 3,588,536 | 66,479 | SH | | SOLE | 0 | 66,479 | 0 | 0 |
Redwood Capital Bancorp | Com | 75777X100 | 3,960,270 | 186,278 | SH | | SOLE | 0 | 186,278 | 0 | 0 |
Security National Corp/IA | Com | 814784104 | 2,605,116 | 18,476 | SH | | SOLE | 0 | 18,476 | 0 | 0 |
Shore Bancshares Inc | Com | 825107105 | 3,095,299 | 195,287 | SH | | SOLE | 0 | 195,287 | 0 | 0 |
Solvay Bank | Com | 83441Q105 | 1,995,140 | 76,296 | SH | | SOLE | 0 | 76,296 | 0 | 0 |
Southeastern Banking Corp | Com | 84158P108 | 2,619,297 | 97,011 | SH | | SOLE | 0 | 97,011 | 0 | 0 |
Southern BancShares NC Inc | Com | 842243107 | 8,888,000 | 1,100 | SH | | SOLE | 0 | 1,100 | 0 | 0 |
Southern Missouri Bancorp Inc | Com | 843380106 | 4,550,244 | 79,314 | SH | | SOLE | 0 | 79,314 | 0 | 0 |
Studio Financial Holdings Inc | Com | 864001102 | 1,668,239 | 140,661 | SH | | SOLE | 0 | 140,661 | 0 | 0 |
Summit Bancshares Inc/CA | Com | 866010101 | 1,381,990 | 31,161 | SH | | SOLE | 0 | 31,161 | 0 | 0 |
Synovus Financial Corp | Com | 87161C501 | 5,542,779 | 108,194 | SH | | SOLE | 0 | 108,194 | 0 | 0 |
Timberland Bancorp Inc/WA | Com | 887098101 | 7,043,142 | 230,847 | SH | | SOLE | 0 | 230,847 | 0 | 0 |
Traditions Bancorp Inc | Com | 89269L102 | 4,863,012 | 173,679 | SH | | SOLE | 0 | 173,679 | 0 | 0 |
Tri City Bankshares Corp | Com | 895364107 | 2,035,725 | 146,455 | SH | | SOLE | 0 | 146,455 | 0 | 0 |
Tri-County Financial Group Inc | Com | 89546P108 | 2,730,540 | 61,917 | SH | | SOLE | 0 | 61,917 | 0 | 0 |
United BanCorp of Alabama Inc | Com | 90944R100 | 4,610,745 | 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 | 1,815,929 | 23,326 | SH | | SOLE | 0 | 23,326 | 0 | 0 |
Washington Trust Bancorp Inc | Com | 940610108 | 3,763,536 | 120,049 | SH | | SOLE | 0 | 120,049 | 0 | 0 |
West Coast Community Bancorp | Com | 952170108 | 12,236,641 | 295,357 | SH | | SOLE | 0 | 295,357 | 0 | 0 |
Wintrust Financial Corp | Com | 97650W108 | 6,019,003 | 48,264 | SH | | SOLE | 0 | 48,264 | 0 | 0 |
Woodlands Financial Services C | Com | 979685104 | 1,476,284 | 74,372 | SH | | SOLE | 0 | 74,372 | 0 | 0 |
WSFS Financial Corp | Com | 929328102 | 2,328,103 | 43,819 | SH | | SOLE | 0 | 43,819 | 0 | 0 |
WTB Financial Corp | Com | 929334209 | 3,776,256 | 12,672 | SH | | SOLE | 0 | 12,672 | 0 | 0 |
Zions Bancorp NA | Com | 989701107 | 5,494,983 | 101,290 | SH | | SOLE | 0 | 101,290 | 0 | 0 |