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
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
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
Allegiance Bancshares, Inc. Common 01748H107 16,563 445,253 SH   SOLE   445,253 0 0
Atlantic Capital Bancshares, Inc. Common 048269203 10,737 566,622 SH   SOLE   566,622 0 0
Aspen Insurance Holdings Limited Common G05384105 6,195 119,012 SH   SOLE   119,012 0 0
AJS Bancorp, Inc. Common 001503101 859 56,668 SH   SOLE   56,668 0 0
American Business Bank Common 02475L105 10,008 248,642 SH   SOLE   248,642 0 0
AMB Financial Corp. Common 001984103 1,538 93,750 SH   SOLE   93,750 0 0
American Homes 4 Rent Common 02665T306 17,858 777,800 SH   SOLE   777,800 0 0
American River Bankshares Common 029326105 5,939 400,719 SH   SOLE   400,719 0 0
Aquesta Financial Holdings, Inc. Common 03842L109 1,929 210,856 SH   SOLE   210,856 0 0
American Riviera Bank Common 02932A106 5,006 328,265 SH   SOLE   328,265 0 0
Auburn National Bancorporation, Inc. Common 050473107 4,312 130,673 SH   SOLE   130,673 0 0
Avidbank Holdings, Inc. Common 05368J103 6,058 317,179 SH   SOLE   317,179 0 0
Banc of California, Inc. Common 05990K106 2,550 123,204 SH   SOLE   123,204 0 0
Baraboo Bancorporation, Inc. Common 067021105 728 177,642 SH   SOLE   177,642 0 0
Bank of Southern California, N. A. Common 065104101 3,920 320,000 SH   SOLE   320,000 0 0
BCB Bancorp, Inc. Common 055298103 4,995 300,000 SH   SOLE   300,000 0 0
BayCom Corp. Common 07272M107 6,834 416,716 SH   SOLE   416,716 0 0
Bridge Bancorp Inc. Common 108035106 4,829 137,965 SH   SOLE   137,965 0 0
BankFinancial Corporation Common 06643P104 6,306 434,271 SH   SOLE   434,271 0 0
Bank First National Corporation Common 06211J100 6,631 187,844 SH   SOLE   187,844 0 0
Bar Harbor Bankshares Common 066849100 3,077 93,021 SH   SOLE   93,021 0 0
Blackhawk Bancorp, Inc. Common 09237E204 3,977 164,336 SH   SOLE   164,336 0 0
Oak Ridge Financial Services, Inc. Common 671768109 2,575 198,102 SH   SOLE   198,102 0 0
BSB Bancorp, Inc. Common 05573H108 23,020 814,883 SH   SOLE   814,883 0 0
Bank of Marin Bancorp Common 063425102 8,550 132,870 SH   SOLE   132,870 0 0
Bryn Mawr Bank Corporation Common 117665109 7,069 178,971 SH   SOLE   178,971 0 0
BNC Bancorp Common 05566T101 1,434 40,907 SH   SOLE   40,907 0 0
Bank of Napa, N.A. Common 063770101 1,443 114,069 SH   SOLE   114,069 0 0
Bank of Commerce Holdings Common 06424J103 9,815 917,326 SH   SOLE   917,326 0 0
Bank of the James Financial Group, Inc. Common 470299108 3,967 271,172 SH   SOLE   271,172 0 0
Boston Private Financial Holdings, Inc. Common 101119105 28,785 1,755,163 SH   SOLE   1,755,163 0 0
Bank of Santa Clarita Common 06424K100 2,116 159,930 SH   SOLE   159,930 0 0
Sierra Bancorp Common 82620P102 12,297 448,312 SH   SOLE   448,312 0 0
First Busey Corporation Common 319383204 5,364 182,457 SH   SOLE   182,457 0 0
Bankwell Financial Group, Inc. Common 06654A103 12,968 377,094 SH   SOLE   377,094 0 0
California Bank of Commerce Common 13005C101 6,331 325,501 SH   SOLE   325,501 0 0
Carter Bank & Trust Common 146102108 4,218 249,558 SH   SOLE   249,558 0 0
Carolina Financial Corporation Common 143873107 8,250 275,000 SH   SOLE   275,000 0 0
Carolina Trust BancShares, Inc. Common 14422P105 2,969 373,964 SH   SOLE   373,964 0 0
Cambridge Bancorp Common 132152109 18,040 277,544 SH   SOLE   277,544 0 0
Coastal Banking Co., Inc. Common 19041N100 2,036 118,365 SH   SOLE   118,365 0 0
Capital Bank Financial Corp. Common 139794101 27,087 624,132 SH   SOLE   624,132 0 0
CB Financial Services, Inc. Common 12479G101 1,030 36,401 SH   SOLE   36,401 0 0
Consumers Bancorp, Inc. Common 210509105 2,462 136,792 SH   SOLE   136,792 0 0
Commencement Bank Common 20051L109 1,077 89,000 SH   SOLE   89,000 0 0
CNB Financial Corporation Common 126128107 13,046 546,087 SH   SOLE   546,087 0 0
Centerpointe Community Bank Common 15200G100 997 81,700 SH   SOLE   81,700 0 0
Centrue Financial Corporation Common 15643B205 6,265 240,227 SH   SOLE   240,227 0 0
Cornerstone Financial Common 21925G102 72 93,071 SH   SOLE   93,071 0 0
Cardinal Financial Corporation Common 14149F109 5,008 167,278 SH   SOLE   167,278 0 0
Communities First Financial Corporation Common 20344D104 3,088 224,567 SH   SOLE   224,567 0 0
Chemical Financial Corp. Common 163731102 9,209 180,046 SH   SOLE   180,046 0 0
Charter Financial Corporation Common 16122W108 8,334 423,695 SH   SOLE   423,695 0 0
Carolina Bank Holdings, Inc. Common 143785103 3,234 110,400 SH   SOLE   110,400 0 0
Century Bancorp, Inc. Common 156432106 4,677 76,904 SH   SOLE   76,904 0 0
ConnectOne Bancorp, Inc. Common 20786W107 17,803 734,153 SH   SOLE   734,153 0 0
CoBiz Financial Inc. Common 190897108 29,614 1,762,723 SH   SOLE   1,762,723 0 0
Clifton Bancorp Inc. Common 186873105 1,349 83,332 SH   SOLE   83,332 0 0
CenterState Banks, Inc. Common 15201P109 40,739 1,572,929 SH   SOLE   1,572,929 0 0
Cashmere Valley Bank Common 14756K102 4,740 95,258 SH   SOLE   95,258 0 0
CapStar Financial Holdings, Inc. Common 14070T102 5,912 310,000 SH   SOLE   310,000 0 0
Commerce Union Bancshares, Inc. Common 200828101 2,654 122,020 SH   SOLE   122,020 0 0
CU Bancorp Common 126534106 45,774 1,154,453 SH   SOLE   1,154,453 0 0
CVB Financial Corp. Common 126600105 1,811 81,975 SH   SOLE   81,975 0 0
Central Valley Community Bancorp Common 155685100 18,623 908,424 SH   SOLE   908,424 0 0
Codorus Valley Bancorp, Inc. Common 192025104 19,651 758,429 SH   SOLE   758,429 0 0
CommerceWest Bank Common 20084T103 4,856 262,472 SH   SOLE   262,472 0 0
Century Financial Corporation Common 15652L102 2,385 125,515 SH   SOLE   125,515 0 0
Community Bank Common 203507108 1,834 11,050 SH   SOLE   11,050 0 0
Community Bank of Santa Maria Common 203598107 1,721 173,824 SH   SOLE   173,824 0 0
Citizens Bancorp Common 172950107 1,683 115,282 SH   SOLE   115,282 0 0
Citizens Financial Services Common 174615104 2,933 55,573 SH   SOLE   55,573 0 0
DCB Financial Corp Common 233075100 4,354 241,367 SH   SOLE   241,367 0 0
Diamond Hill Investment Group, Inc. Common 25264R207 1,022 5,255 SH   SOLE   5,255 0 0
Delmarva Bancshares, Inc. Common 247100100 959 173,459 SH   SOLE   173,459 0 0
DNB Financial Corporation Common 233237106 7,415 218,088 SH   SOLE   218,088 0 0
Enterprise Bancorp, Inc. Common 293668109 10,711 308,137 SH   SOLE   308,137 0 0
Enterprise Financial Services Corp Common 293712105 61,430 1,448,828 SH   SOLE   1,448,828 0 0
Eagle Financial Services Inc. Common 26951R104 2,644 93,084 SH   SOLE   93,084 0 0
Eagle Bancorp, Inc. Common 268948106 15,492 259,490 SH   SOLE   259,490 0 0
Emclaire Financial Corp. Common 290828102 3,428 117,207 SH   SOLE   117,207 0 0
Empire Bancorp Inc. Common 291617108 318 26,406 SH   SOLE   26,406 0 0
Embassy Bancorp, Inc. Common 290791102 1,611 115,052 SH   SOLE   115,052 0 0
Equity Bancshares, Inc. Common 29460X109 14,867 467,943 SH   SOLE   467,943 0 0
ESSA Bancorp, Inc. Common 29667D104 2,015 138,218 SH   SOLE   138,218 0 0
Community Bankers Trust Corporation Common 203612106 10,654 1,331,705 SH   SOLE   1,331,705 0 0
Eastern Virginia Bankshares, Inc. Common 277196101 8,335 795,351 SH   SOLE   795,351 0 0
Flagstar Bancorp, Inc. Common 337930705 3,916 138,900 SH   SOLE   138,900 0 0
First Business Financial Services Common 319390100 19,819 763,428 SH   SOLE   763,428 0 0
FB Financial Corp. Common 30257X104 6,820 192,868 SH   SOLE   192,868 0 0
First Bancshares, Inc. Common 318916103 20,202 708,843 SH   SOLE   708,843 0 0
First Bancorp Common 318910106 14,650 500,164 SH   SOLE   500,164 0 0
Fauquier Bancshares, Inc. Common 312059108 3,203 176,476 SH   SOLE   176,476 0 0
FCB Financial Holdings, Inc. Common 30255G103 6,782 136,871 SH   SOLE   136,871 0 0
First Choice Bank Common 319461109 10,980 538,254 SH   SOLE   538,254 0 0
First Community Corporation Common 319835104 7,223 328,319 SH   SOLE   328,319 0 0
1st Constitution Bancorp Common 31986N102 11,565 626,844 SH   SOLE   626,844 0 0
First Community Financial Partners, Inc. Common 31985Q106 6,347 497,801 SH   SOLE   497,801 0 0
First Colebrook Bancorp, Inc. Common 31971A107 1,775 81,627 SH   SOLE   81,627 0 0
1st Colonial Bancorp Common 319716106 2,714 246,695 SH   SOLE   246,695 0 0
First Defiance Financial Corp. Common 32006W106 4,250 85,850 SH   SOLE   85,850 0 0
Fentura Financial, Inc. Common 314645102 6,184 343,590 SH   SOLE   343,590 0 0
FirstAtlantic Financial Holdings, Inc. Common 337651103 1,781 140,788 SH   SOLE   140,788 0 0
First Foundation Inc. Common 32026V104 11,995 773,398 SH   SOLE   773,398 0 0
First Guaranty Bancshares, Inc. Common 32043P106 2,238 92,477 SH   SOLE   92,477 0 0
Foresight Financial Group, Inc. Common 345526107 7,489 238,878 SH   SOLE   238,878 0 0
First Security, Inc. Common 336327101 4,215 162,125 SH   SOLE   162,125 0 0
First BancTrust Corporation Common 31868G100 3,693 164,135 SH   SOLE   164,135 0 0
1st Capital Bank Common 31944C107 4,203 319,598 SH   SOLE   319,598 0 0
Financial Institutions, Inc. Common 317585404 2,908 88,261 SH   SOLE   88,261 0 0
First of Long Island Corp. Common 320734106 10,899 402,915 SH   SOLE   402,915 0 0
First Midwest Bancorp, Inc. Common 320867104 37,806 1,596,540 SH   SOLE   1,596,540 0 0
First Menasha Bancshares, Inc. Common 320999675 4,774 33,503 SH   SOLE   33,503 0 0
Farmers National Banc Corp. Common 309627107 4,855 338,334 SH   SOLE   338,334 0 0
F.N.B. Corporation Common 302520101 2,214 148,867 SH   SOLE   148,867 0 0
First NBC Bank Common 32115D106 3,194 798,583 SH   SOLE   798,583 0 0
FNB Bancorp Common 302515101 9,904 270,967 SH   SOLE   270,967 0 0
Federated National Holding Company Common 31422T101 2,405 138,000 SH   SOLE   138,000 0 0
First Northern Community Bancorp Common 335925103 5,527 476,505 SH   SOLE   476,505 0 0
First Bank Common 31931U102 10,393 869,734 SH   SOLE   869,734 0 0
Republic First Bancorp, Inc. Common 760416107 21,082 2,540,059 SH   SOLE   2,540,059 0 0
First Merchants Corp. Common 320817109 20,412 519,127 SH   SOLE   519,127 0 0
Franklin Financial Network, Inc. Common 35352P104 6,026 155,500 SH   SOLE   155,500 0 0
First Virginia Community Bank Common 36120Q101 7,003 372,500 SH   SOLE   372,500 0 0
First National Corporation Common 32106V107 3,286 237,418 SH   SOLE   237,418 0 0
Guaranty Bancorp Common 40075T607 4,427 181,802 SH   SOLE   181,802 0 0
Glen Burnie Bancorp Common 377407101 585 48,949 SH   SOLE   48,949 0 0
Green Bancorp, Inc. Common 39260X100 8,331 468,011 SH   SOLE   468,011 0 0
GrandSouth Bancorporation Common 386627301 1,813 125,000 SH   SOLE   125,000 0 0
Howard Bancorp, Inc. Common 442496105 2,547 136,187 SH   SOLE   136,187 0 0
Horizon Bancorp Common 440407104 8,765 334,284 SH   SOLE   334,284 0 0
HCSB Financial Corporation Common 40413R107 2,224 22,238,470 SH   SOLE   22,238,470 0 0
Home Federal Bancorp, Inc. of Louisiana Common 43708L108 2,790 96,556 SH   SOLE   96,556 0 0
Heritage Financial Corporation Common 42722X106 25,442 1,027,975 SH   SOLE   1,027,975 0 0
Hingham Institution for Savings Common 433323102 5,918 33,463 SH   SOLE   33,463 0 0
HomeTown Bankshares Corporation Common 43787N108 1,822 187,842 SH   SOLE   187,842 0 0
Heritage Commerce Corp Common 426927109 19,792 1,403,708 SH   SOLE   1,403,708 0 0
Hilltop Holdings Inc. Common 432748101 6,250 227,532 SH   SOLE   227,532 0 0
Independent Alliance Banks, Inc. Common 45380E104 5,978 93,786 SH   SOLE   93,786 0 0
Iberiabank Corp Common 450828108 16,337 206,534 SH   SOLE   206,534 0 0
Independent Bank Group, Inc Common 45384B106 2,476 38,500 SH   SOLE   38,500 0 0
County Bancorp, Inc. Common 221907108 6,432 221,335 SH   SOLE   221,335 0 0
First Internet Bancorp Common 320557101 1,534 52,000 SH   SOLE   52,000 0 0
IF Bancorp, Inc. Common 44951J105 1,673 84,072 SH   SOLE   84,072 0 0
Investar Holding Corporation Common 46134L105 11,417 521,313 SH   SOLE   521,313 0 0
John Marshall Bank Common 47805L101 5,394 248,000 SH   SOLE   248,000 0 0
Kingstone Companies, Inc. Common 496719105 3,836 240,500 SH   SOLE   240,500 0 0
Kentucky Bancshares, Inc. Common 491203105 2,502 67,560 SH   SOLE   67,560 0 0
Lakeland Bancorp, Inc. Common 511637100 33,017 1,684,554 SH   SOLE   1,684,554 0 0
Ledyard Financial Group, Inc. Common 523338101 3,089 52,364 SH   SOLE   52,364 0 0
Lighthouse Bank Common 53223T106 1,320 74,595 SH   SOLE   74,595 0 0
Fidelity Southern Corporation Common 316394105 35,170 1,571,486 SH   SOLE   1,571,486 0 0
Lake Shore Bancorp Common 510700107 3,426 219,879 SH   SOLE   219,879 0 0
LegacyTexas Financial Group, Inc. Common 52471Y106 8,541 214,072 SH   SOLE   214,072 0 0
Middlefield Banc Corp. Common 596304204 1,862 41,241 SH   SOLE   41,241 0 0
MB Financial, Inc. Common 55264U108 25,179 588,021 SH   SOLE   588,021 0 0
Middleburg Financial Corporation Common 596094102 1,225 30,600 SH   SOLE   30,600 0 0
MBT Financial Corp. Common 578877102 9,128 804,233 SH   SOLE   804,233 0 0
Merchants Bancshares, Inc. Common 588448100 400 8,212 SH   SOLE   8,212 0 0
Mercantile Bank Corporation Common 587376104 50,154 1,457,974 SH   SOLE   1,457,974 0 0
Macatawa Bank Corporation Common 554225102 7,788 788,293 SH   SOLE   788,293 0 0
Merchants Financial Group, Inc. Common 588538108 4,857 81,630 SH   SOLE   81,630 0 0
Mackinac Financial Corporation Common 554571109 3,105 226,307 SH   SOLE   226,307 0 0
Malvern Bancorp, Inc. Common 561409103 11,878 563,994 SH   SOLE   563,994 0 0
Manning & Napier, Inc. Common 56382Q102 1,588 278,603 SH   SOLE   278,603 0 0
MainStreet Bancshares, Inc. Common 56064Y100 6,185 373,726 SH   SOLE   373,726 0 0
MainSource Financial Group, Inc. Common 56062Y102 8,185 248,564 SH   SOLE   248,564 0 0
Midsouth Bancorp, Inc. Common 598039105 3,790 247,693 SH   SOLE   247,693 0 0
MVB Financial Corp. Common 553810102 6,098 478,261 SH   SOLE   478,261 0 0
Mission Valley Bancorp Common 60520E104 2,281 218,908 SH   SOLE   218,908 0 0
Northwest Bancorporation, Inc. Common 667337109 7,006 598,281 SH   SOLE   598,281 0 0
National Bank Holdings Corporation Common 633707104 26,540 816,620 SH   SOLE   816,620 0 0
Nicolet Bankshares, Inc. Common 65406E102 12,475 263,511 SH   SOLE   263,511 0 0
National Commerce Corporation Common 63546L102 10,261 280,351 SH   SOLE   280,351 0 0
Northeast Community Bancorp, Inc. Common 664112109 3,924 475,600 SH   SOLE   475,600 0 0
National General Holdings Corporation Common 636220303 2,851 120,000 SH   SOLE   120,000 0 0
North Dallas Bank & Trust Co. Common 659012108 3,617 50,626 SH   SOLE   50,626 0 0
NorthWest Indiana Bancorp Common 667516108 6,776 173,868 SH   SOLE   173,868 0 0
Northway Financial, Inc. Common 667270201 4,881 178,128 SH   SOLE   178,128 0 0
Orange County Bancorp Common 68417L107 6,457 135,928 SH   SOLE   135,928 0 0
Southwest Bancorp, Inc. Common 844767103 24,639 942,232 SH   SOLE   942,232 0 0
Old Line Bancshares, Inc. Common 67984M100 14,080 494,377 SH   SOLE   494,377 0 0
Old Second Bancorp, Inc. Common 680277100 29,038 2,581,182 SH   SOLE   2,581,182 0 0
Oak Valley Bancorp Common 671807105 6,303 477,489 SH   SOLE   477,489 0 0
Private Bancorp of America, Inc. Common 74274F100 6,374 280,041 SH   SOLE   280,041 0 0
PB Bancorp, Inc. Common 70454T100 1,533 150,301 SH   SOLE   150,301 0 0
People's Bank of Commerce Common 710311101 2,196 186,887 SH   SOLE   186,887 0 0
People's United Financial Common 712704105 8,189 449,954 SH   SOLE   449,954 0 0
Paragon Commercial Corporation Common 69911U403 20,378 380,977 SH   SOLE   380,977 0 0
Pinnacle Bank Common 72346K107 2,047 235,317 SH   SOLE   235,317 0 0
Pacific Commerce Bancorp Common 69413A103 645 80,150 SH   SOLE   80,150 0 0
Pacific Continental Corporation Common 69412V108 20,566 839,413 SH   SOLE   839,413 0 0
Presidio Bank Common 74101A100 2,519 143,544 SH   SOLE   143,544 0 0
Peoples Bancorp Inc. Common 709789101 17,314 546,882 SH   SOLE   546,882 0 0
Professional Holding Corp. Common 743139107 1,215 90,000 SH   SOLE   90,000 0 0
Pacific Financial Corporation Common 694275108 3,828 411,648 SH   SOLE   411,648 0 0
Peapack-Gladstone Financial Corporation Common 704699107 43,991 1,486,687 SH   SOLE   1,486,687 0 0
Paragon Financial Solutions, Inc. Common 69912S100 3,396 399,532 SH   SOLE   399,532 0 0
Parke Bancorp, Inc. Common 700885106 724 33,910 SH   SOLE   33,910 0 0
Pacific Premier Bancorp, Inc. Common 69478X105 17,073 442,885 SH   SOLE   442,885 0 0
Pinnacle Bankshares Corporation Common 72345E102 3,209 112,580 SH   SOLE   112,580 0 0
Premier Commercial Bancorp Common 74048M100 3,321 349,622 SH   SOLE   349,622 0 0
PSB Holdings, Inc. Common 69360N108 4,356 70,263 SH   SOLE   70,263 0 0
Park Sterling Corp. Common 70086Y105 40,007 3,249,994 SH   SOLE   3,249,994 0 0
Puget Sound Bank Common 74532B107 3,524 148,358 SH   SOLE   148,358 0 0
QCR Holdings, Inc. Common 74727A104 22,239 525,128 SH   SOLE   525,128 0 0
QNB Corp. Common 74726N107 7,205 188,847 SH   SOLE   188,847 0 0
Quaint Oak Bancorp Common 74732T106 2,216 173,000 SH   SOLE   173,000 0 0
River City Bank Common 76803X106 1,213 7,827 SH   SOLE   7,827 0 0
Riverview Bancorp, Inc. Common 769397100 3,694 516,574 SH   SOLE   516,574 0 0
Salisbury Bancorp, Inc. Common 795226109 1,016 26,216 SH   SOLE   26,216 0 0
Silvercrest Asset Management Group Inc. Common 828359109 10,072 757,259 SH   SOLE   757,259 0 0
Sandy Spring Bancorp Inc. Common 800363103 43,460 1,060,270 SH   SOLE   1,060,270 0 0
State Bank Corp. Common 856121108 270 34,400 SH   SOLE   34,400 0 0
Sussex Bancorp Common 869245100 6,381 260,447 SH   SOLE   260,447 0 0
Seacoast Banking Corporation of Florida Common 811707801 21,106 880,169 SH   SOLE   880,169 0 0
Sunshine Bancorp, Inc. Common 86777J108 4,565 218,000 SH   SOLE   218,000 0 0
Suncrest Bank Common 86723G109 3,425 342,503 SH   SOLE   342,503 0 0
Southern BancShares (N.C.), Inc. Common 842243107 4,304 2,152 SH   SOLE   2,152 0 0
SBT Bancorp, Inc. Common 78391C106 2,628 104,718 SH   SOLE   104,718 0 0
SouthCrest Financial Group, Inc. Common 84129X107 2,774 336,236 SH   SOLE   336,236 0 0
Santa Cruz County Bank Common 801827106 435 10,878 SH   SOLE   10,878 0 0
Stifel Financial Corp. Common 860630102 10,996 219,096 SH   SOLE   219,096 0 0
ServisFirst Bancshares, Inc. Common 81768T108 6,945 190,900 SH   SOLE   190,900 0 0
Southern First Bancshares, Inc. Common 842873101 17,877 547,521 SH   SOLE   547,521 0 0
Stonegate Bank Common 861811107 19,712 418,604 SH   SOLE   418,604 0 0
Shore Bancshares, Inc. Common 825107105 12,005 718,456 SH   SOLE   718,456 0 0
SmartFinancial, Inc. Common 83190L208 8,382 398,367 SH   SOLE   398,367 0 0
Solvay Bank Corporation Common 83441Q105 675 16,899 SH   SOLE   16,899 0 0
Southern Michigan Bancorp Inc. Common 84336P103 2,326 69,430 SH   SOLE   69,430 0 0
Somerset Trust Holding Company Common 835126103 1,557 33,624 SH   SOLE   33,624 0 0
Southern National Bancorp of Virginia,Inc. Common 843395104 16,328 964,417 SH   SOLE   964,417 0 0
Surrey Bancorp Common 86888W105 834 69,785 SH   SOLE   69,785 0 0
South State Corporation Common 840441109 6,357 71,152 SH   SOLE   71,152 0 0
Summit State Bank Common 866264203 1,585 121,443 SH   SOLE   121,443 0 0
State Bank Financial Corporation Common 856190103 51,683 1,978,680 SH   SOLE   1,978,680 0 0
Standard AVB Financial Corp. Common 85303B100 1,804 68,065 SH   SOLE   68,065 0 0
Sevier County Bancshares, Inc. Common 81817P206 1,172 110,000 SH   SOLE   110,000 0 0
Triumph Bancorp, Inc. Common 89679E300 5,245 203,300 SH   SOLE   203,300 0 0
Texas Capital Bancshares, Inc. Common 88224Q107 2,665 31,936 SH   SOLE   31,936 0 0
TriCo Bancshares Common 896095106 2,118 59,618 SH   SOLE   59,618 0 0
Community Financial Corporation Common 20368X101 9,401 261,132 SH   SOLE   261,132 0 0
Two River Bancorp Common 90207C105 3,949 223,495 SH   SOLE   223,495 0 0
Tri City Bankshares Corporation Common 895364107 4,603 241,618 SH   SOLE   241,618 0 0
Two Rivers Financial Group, Inc. Common 90206L106 2,061 89,608 SH   SOLE   89,608 0 0
TriState Capital Holdings, Inc. Common 89678F100 46,983 2,012,110 SH   SOLE   2,012,110 0 0
Town and Country Financial Corporation Common 892039108 904 45,313 SH   SOLE   45,313 0 0
United Financial Bancorp, Inc. Common 910304104 8,258 485,486 SH   SOLE   485,486 0 0
Union Bankshares Corporation Common 90539J109 17,954 510,351 SH   SOLE   510,351 0 0
United Community Banks, Inc. Common 90984P303 8,107 292,768 SH   SOLE   292,768 0 0
United Insurance Holdings Corp. Common 910710102 4,170 261,459 SH   SOLE   261,459 0 0
Unity Bancorp, Inc. Common 913290102 16,369 965,749 SH   SOLE   965,749 0 0
Univest Corporation of Pennsylvania Common 915271100 6,979 269,452 SH   SOLE   269,452 0 0
Virginia National Bankshares Corp. Common 928031103 6,642 209,209 SH   SOLE   209,209 0 0
Village Bank and Trust Financial Corp. Common 92705T200 795 29,133 SH   SOLE   29,133 0 0
Veritex Holdings, Inc. Common 923451108 13,791 490,442 SH   SOLE   490,442 0 0
Washington Trust Bancorp, Inc. Common 940610108 2,493 50,575 SH   SOLE   50,575 0 0
Westbury Bancorp, Inc. Common 95727P106 8,069 387,580 SH   SOLE   387,580 0 0
WashingtonFirst Bankshares, Inc. Common 940730104 6,574 234,794 SH   SOLE   234,794 0 0
West Suburban Bancorp, Inc. Common 956152409 3,911 7,028 SH   SOLE   7,028 0 0
Waterstone Financial, Inc. Common 94188P101 17,224 943,769 SH   SOLE   943,769 0 0
West Bancorporation, Inc. Common 95123P106 5,361 233,578 SH   SOLE   233,578 0 0
W.T.B. Financial Corporation Common 929334209 17,574 63,904 SH   SOLE   63,904 0 0
Wintrust Financial Corporation Common 97650W108 7,451 107,802 SH   SOLE   107,802 0 0
Xenith Bankshares, Inc. Common 984102202 7,728 304,606 SH   SOLE   304,606 0 0
York Traditions Bank Common 987159100 2,061 126,465 SH   SOLE   126,465 0 0