The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

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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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AMERIS BANCORP COM 03076K108   2,087,358 39,347 SH   SOLE   39,347 0 0
BANNER CORP COM NEW 06652V208   2,939,962 54,891 SH   SOLE   54,891 0 0
CALIFORNIA BANCORP INC COM 13005U101   4,562,798 184,281 SH   SOLE   184,281 0 0
CAPITAL BANCORP INC MD COM 139737100   2,765,213 114,265 SH   SOLE   114,265 0 0
CF BANKSHARES INC COM 12520L109   2,921,685 149,830 SH   SOLE   149,830 0 0
CITIZENS FINL GROUP INC COM 174610105   2,645,566 79,830 SH   SOLE   79,830 0 0
CIVISTA BANCSHARES INC COM NO PAR 178867107   1,597,347 86,624 SH   SOLE   86,624 0 0
CNB FINL CORP PA COM 126128107   1,727,186 76,458 SH   SOLE   76,458 0 0
COLUMBIA BKG SYS INC COM 197236102   2,793,209 104,693 SH   SOLE   104,693 0 0
COMERICA INC COM 200340107   2,881,303 51,627 SH   SOLE   51,627 0 0
CUSTOMERS BANCORP INC COM 23204G100   2,635,251 45,735 SH   SOLE   45,735 0 0
EAST WEST BANCORP INC COM 27579R104   3,611,890 50,200 SH   SOLE   50,200 0 0
ENTERPRISE FINL SVCS CORP COM 293712105   2,447,981 54,826 SH   SOLE   54,826 0 0
ESQUIRE FINL HLDGS INC COM 29667J101   3,557,152 71,200 SH   SOLE   71,200 0 0
EVANS BANCORP INC COM NEW 29911Q208   3,757,556 119,174 SH   SOLE   119,174 0 0
F N B CORP COM 302520101   2,161,890 157,000 SH   SOLE   157,000 0 0
FIFTH THIRD BANCORP COM 316773100   3,362,775 97,500 SH   SOLE   97,500 0 0
FIRST CMNTY CORP S C COM 319835104   3,267,328 151,757 SH   SOLE   151,757 0 0
FIRST MERCHANTS CORP COM 320817109   1,964,832 52,989 SH   SOLE   52,989 0 0
FIRST SEACOAST BANCORP INC COM 33631F104   961,250 125,000 SH   SOLE   125,000 0 0
HEARTLAND FINL USA INC COM 42234Q102   2,222,262 59,087 SH   SOLE   59,087 0 0
INDEPENDENT BANK GROUP INC COM 45384B106   2,700,456 53,075 SH   SOLE   53,075 0 0
JOHN MARSHALL BANCORP INC COM 47805L101   3,972,162 176,071 SH   SOLE   176,071 0 0
KEYCORP COM 493267108   3,348,000 232,500 SH   SOLE   232,500 0 0
MACATAWA BK CORP COM 554225102   5,632,127 499,302 SH   SOLE   499,302 0 0
MAINSTREET BANCSHARES INC COM 56064Y100   3,606,258 145,355 SH   SOLE   145,355 0 0
MERCHANTS BANCORP IND COM 58844R108   2,288,675 53,750 SH   SOLE   53,750 0 0
NATIONAL BK HLDGS CORP CL A 633707104   2,407,643 64,739 SH   SOLE   64,739 0 0
OFG BANCORP COM 67103X102   3,040,340 81,119 SH   SOLE   81,119 0 0
OLD NATL BANCORP IND COM 680033107   3,312,129 196,100 SH   SOLE   196,100 0 0
OLD SECOND BANCORP INC ILL COM 680277100   356,973 23,120 SH   SOLE   23,120 0 0
PEAPACK-GLADSTONE FINL CORP COM 704699107   3,617,703 121,318 SH   SOLE   121,318 0 0
PEOPLES BANCORP INC COM 709789101   3,674,540 108,843 SH   SOLE   108,843 0 0
PINNACLE FINL PARTNERS INC COM 72346Q104   3,682,516 42,221 SH   SOLE   42,221 0 0
PREMIER FINANCIAL CORP COM 74052F108   4,789,465 198,733 SH   SOLE   198,733 0 0
PRINCETON BANCORP INC COM 74179A107   4,400,335 122,572 SH   SOLE   122,572 0 0
QCR HOLDINGS INC COM 74727A104   8,208,233 140,576 SH   SOLE   140,576 0 0
RED RIVER BANCSHARES INC COM 75686R202   2,897,801 51,645 SH   SOLE   51,645 0 0
RIVERVIEW BANCORP INC COM 769397100   1,231,866 192,479 SH   SOLE   192,479 0 0
SMARTFINANCIAL INC COM NEW 83190L208   3,404,717 148,160 SH   SOLE   148,160 0 0
STELLAR BANCORP INC COM 858927106   3,340,800 120,000 SH   SOLE   120,000 0 0
TEXAS CAP BANCSHARES INC COM 88224Q107   3,186,776 49,308 SH   SOLE   49,308 0 0
TRUSTMARK CORP COM 898402102   1,591,725 57,092 SH   SOLE   57,092 0 0
UMB FINL CORP COM 902788108   2,853,065 34,148 SH   SOLE   34,148 0 0
USCB FINANCIAL HOLDINGS INC CLASS A COM 90355N101   1,530,013 124,899 SH   SOLE   124,899 0 0
VILLAGE BK & TR FINL CORP COM NEW 92705T200   1,804,582 45,273 SH   SOLE   45,273 0 0
VIRGINIA NATL BANKSHARES COR COM 928031103   3,371,853 98,076 SH   SOLE   98,076 0 0
WEBSTER FINL CORP COM 947890109   3,110,319 61,275 SH   SOLE   61,275 0 0