-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, LnXF4IJYUIJUFs2Is0iPX0yu7VyV6QYQEGGluwwYVk5ZPTPhYXsh/WpKIcN/tc6l TlYvw7Zm1l16dWxes8UCRw== 0000950123-11-010113.txt : 20110208 0000950123-11-010113.hdr.sgml : 20110208 20110208121646 ACCESSION NUMBER: 0000950123-11-010113 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20110208 DATE AS OF CHANGE: 20110208 GROUP MEMBERS: CLOVER INVESTMENTS, L.L.C. GROUP MEMBERS: CLOVER PARTNERS, L.P. GROUP MEMBERS: MICHAEL C. MEWHINNEY SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Beacon Federal Bancorp, Inc. CENTRAL INDEX KEY: 0001401573 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-83190 FILM NUMBER: 11581278 BUSINESS ADDRESS: STREET 1: 6611 MANLIUS CENTER ROAD CITY: EAST SYRACUSE STATE: NY ZIP: 13057 BUSINESS PHONE: (315) 433-0111 MAIL ADDRESS: STREET 1: 6611 MANLIUS CENTER ROAD CITY: EAST SYRACUSE STATE: NY ZIP: 13057 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Clover Partners, L.P. CENTRAL INDEX KEY: 0001309342 IRS NUMBER: 752842611 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 2100 MCKINNEY AVE. SUITE 1500 CITY: DALLAS STATE: TX ZIP: 75201 BUSINESS PHONE: 214-273-5200 MAIL ADDRESS: STREET 1: 2100 MCKINNEY AVE. SUITE 1500 CITY: DALLAS STATE: TX ZIP: 75201 FORMER COMPANY: FORMER CONFORMED NAME: Clover Partner, L.P. DATE OF NAME CHANGE: 20041122 SC 13G/A 1 c12001sc13gza.htm SCHEDULE 13G/A Schedule 13G/A

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No. 1)*

Beacon Federal Bancorp, Inc.
(Name of Issuer)
Common Stock, par value $0.01 per share
(Title of Class of Securities)
073582108
(CUSIP Number)
December 31, 2010
(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

     þ Rule 13d-1(b)

     o Rule 13d-1(c)

     o Rule 13d-1(d)

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 
 


 

                     
CUSIP No.
 
073582108 
 

 

           
1   NAMES OF REPORTING PERSONS
Clover Partners, L.P.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   o
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Texas
       
  5   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   289,057
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    289,057
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  289,057
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  4.5%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  PN, IA


 

                     
CUSIP No.
 
073582108 
 

 

           
1   NAMES OF REPORTING PERSONS
Clover Investments, L.L.C.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   o
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Texas
       
  5   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   289,057
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    289,057
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  289,057
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  4.5%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  CO


 

                     
CUSIP No.
 
073582108 
 

 

           
1   NAMES OF REPORTING PERSONS
Michael C. Mewhinney
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   o
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  USA
       
  5   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   289,057
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    289,057
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  289,057
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  4.5%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  IN


 

SCHEDULE 13G/A
This Amended Schedule 13G (this “Amendment”) is being filed on behalf of Clover Partners, L.P., a Texas limited partnership and the general partner of MHC Mutual Conversion Fund, L.P. (the “Fund”) and the manger of a certain managed account (the “GP”), Clover Investments, L.L.C., a Texas limited liability company and the general partner of the GP (“Clover”), and Michael C. Mewhinney, the principal of Clover, (collectively, the “Reporting Persons”), relating to common stock, par value $0.01 per share (the “Common Stock”) of Beacon Federal Bancorp, Inc., a Maryland corporation (the “Issuer”), purchased by the GP on behalf of a certain managed account and the Fund.
This Amendment is being filed to report that the Reporting Persons no longer beneficially own 5% or more of the Issuer’s Common Stock.
Item 1(a)  
Name of Issuer.
Beacon Federal Bancorp, Inc.
Item 1(b)  
Address of Issuer’s Principal Executive Offices.
5000 Brittonfield Parkway East
Syracuse, NY 13057
Item 2(a)  
Name of Person Filing.
Clover Partners, L.P.
Clover Investments, L.L.C.
Michael C. Mewhinney
Item 2(b)  
Address of Principal Business Office.
100 Crescent Court, Suite 575
Dallas, TX 75201
Item 2(c)  
Place of Organization.
Texas
Item 2(d)  
Title of Class of Securities.
common stock, $0.01 par value (the “Common Stock”)
Item 2(e)  
CUSIP Number.
073582108

 

 


 

Item 3  
Reporting Person.
If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), check whether the person filing is a:
  (a) o 
Broker or dealer registered under section 15 of the Securities and Exchange Act of 1934 (the “Exchange Act”) (15 U.S.C. 78o).
 
  (b) o 
Bank as defined in section 3(a)(6) of the Exchange Act (15 U.S.C. 78c).
 
  (c) o 
Insurance company as defined in section 3(a)(19) of the Exchange Act (15 U.S.C. 78c).
 
  (d) o 
Investment company registered under section 8 of the Investment Company Act of 1940 (the “Company Act”) (15 U.S.C. 80a-8).
 
  (e) þ 
An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E) under the Exchange Act.
 
  (f) o 
An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F) under the Exchange Act.
 
  (g) o 
A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G) under the Exchange Act.
 
  (h) o 
A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813).
 
  (i) o 
A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Company Act (15 U.S.C. 80a-3).
 
  (j) o 
Group, in accordance with §240.13d-1(b)(1)(ii)(J) under the Exchange Act.
Item 4  
Ownership.
  (a)  
amount beneficially owned:
  (i)  
The Reporting Persons may each be deemed the beneficial owner of 289,507 shares of Common Stock.
  (b)  
percent of class:
  (i)  
The Reporting Persons are the beneficial owner of 4.5% of the outstanding shares of Common Stock. This percentage is determined by dividing the number of shares of Common Stock beneficially held by 6,450,854, the number of shares of Common Stock issued and outstanding as of November 3, 2010 according to the Issuer’s Current Report on Form 10-Q filed with the Securities and Exchange Commission on November 10, 2010.

 

 


 

  (c)  
Number of shares as to which the person has:
  (i)  
Each Reporting Person may direct the vote and disposition of 289,507 shares of Common Stock.
Item 5  
Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of the date hereof the Reporting Persons have ceased to be the beneficial owners of more than five percent of the class of securities, check the following þ.
Item 6  
Ownership of More Than Five Percent on Behalf of Another Person.
Inapplicable.
Item 7  
Identification and Classification of the Subsidiary which Acquired the Security Being Reported On by the Parent Holding Company.
Inapplicable.
Item 8  
Identification and Classification of Members of the Group.
Inapplicable.
Item 9  
Notice of Dissolution of Group.
Inapplicable.
Item 10  
Certification.
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
     
Exhibits   Exhibit 1
 
   
 
  Joint Filing Agreement dated February 8, 2011 among Clover Partners, L.P., Clover Investments, L.L.C. and Michael C. Mewhinney.

 

 


 

SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Date: February 8, 2011
         
  Clover Partners, L.P.
 
 
    By:   Clover Investments, L.L.C., general partner    
       
    By:   /s/ Michael Mewhinney    
    Name:   Michael Mewhinney   
    Title:   Manager   
 
  Clover Investments, L.L.C.
 
 
    By:   /s/ Michael Mewhinney    
    Name:   Michael Mewhinney   
    Title:   Manager   
 
     
  /s/ Michael C. Mewhinney    
  Michael C. Mewhinney   
     

 

 

EX-99.1 2 c12001exv99w1.htm EXHIBIT 1 Exhibit 1
EXHIBIT 1
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the undersigned agree to the joint filing on behalf of each of them of a Statement on Schedule 13G (including any and all amendments thereto) with respect to the Common Shares of Beacon Federal Bancorp, Inc., and further agree that this Joint Filing Agreement shall be included as an Exhibit to such joint filings.
The undersigned further agree that each party hereto is responsible for the timely filing of such Statement on Schedule 13G and any amendments thereto, and for the accuracy and completeness of the information concerning such party contained therein; provided, however, that no party is responsible for the accuracy or completeness of the information concerning any other party, unless such party knows or has reason to believe that such information is inaccurate.
This Joint Filing Agreement may be signed in counterparts with the same effect as if the signature on each counterpart were upon the same instrument.
IN WITNESS WHEREOF, the undersigned have executed this Agreement as of February 8, 2011.
         
  Clover Partners, L.P.
 
 
    By:   Clover Investments, L.L.C., general partner    
       
    By:   /s/ Michael Mewhinney    
    Name:   Michael Mewhinney   
    Title:   Manager   
 
  Clover Investments, L.L.C.
 
 
    By:   /s/ Michael Mewhinney    
    Name:   Michael Mewhinney   
    Title:   Manager   
 
     
  /s/ Michael C. Mewhinney    
  Michael C. Mewhinney   
     

 

 

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