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
AERCAP HOLDINGS NV SHS N00985106 15,884 472,871 SH   DFND 1 472,871 0 0
AERCAP HOLDINGS NV SHS N00985106 9,079 270,300 SH   SOLE   270,300 0 0
AMERIS BANCORP COM 03076K108 11,753 395,736 SH   DFND 1 395,736 0 0
AMERIS BANCORP COM 03076K108 11,196 376,976 SH   SOLE   376,976 0 0
BANK MUTUAL CORP NEW COM 063750103 3,840 500,000 SH   DFND 1 500,000 0 0
BERKSHIRE HILLS BANCORP INC COM 084680107 12,411 461,042 SH   DFND 1 461,042 0 0
BERKSHIRE HILLS BANCORP INC COM 084680107 15,759 585,391 SH   SOLE   585,391 0 0
CAROLINA FINL CORP NEW COM 143873107 2,802 150,000 SH   DFND 1 150,000 0 0
CENTRUE FINL CORP NEW COM NEW 15643B205 4,215 242,265 SH   SOLE   242,265 0 0
CENTURY BANCORP INC MASS CL A NON VTG 156432106 7,048 166,510 SH   DFND 1 166,510 0 0
CHEMICAL FINL CORP COM 163731102 1,920 51,500 SH   DFND 1 51,500 0 0
CHEMICAL FINL CORP COM 163731102 2,003 53,725 SH   SOLE   53,725 0 0
CHERRY HILL MTG INVT CORP COM 164651101 2,916 187,300 SH   DFND 1 187,300 0 0
CHERRY HILL MTG INVT CORP COM 164651101 1,975 126,856 SH   SOLE   126,856 0 0
FIRST MID ILL BANCSHARES INC COM 320866106 2,834 113,376 SH   SOLE   113,376 0 0
GREAT WESTN BANCORP INC COM 391416104 13,992 443,631 SH   DFND 1 443,631 0 0
GREAT WESTN BANCORP INC COM 391416104 9,584 303,856 SH   SOLE   303,856 0 0
GUARANTY FED BANCSHARES INC COM 40108P101 3,424 214,400 SH   SOLE   214,400 0 0
HANCOCK HLDG CO COM 410120109 6,749 258,475 SH   DFND 1 258,475 0 0
HANCOCK HLDG CO COM 410120109 5,980 229,025 SH   SOLE   229,025 0 0
HILLTOP HOLDINGS INC COM 432748101 11,832 563,697 SH   DFND 1 563,697 0 0
HOME BANCORP INC COM 43689E107 6,523 237,447 SH   DFND 1 237,447 0 0
HOME BANCORP INC COM 43689E107 6,531 237,750 SH   SOLE   237,750 0 0
HORIZON BANCORP IND COM 440407104 190 7,548 SH   DFND 1 7,548 0 0
HORIZON BANCORP IND COM 440407104 1,758 69,925 SH   SOLE   69,925 0 0
IBERIABANK CORP COM 450828108 3,882 65,000 SH   DFND 1 65,000 0 0
INDEPENDENT BANK CORP MICH COM NEW 453838609 656 45,200 SH   DFND 1 45,200 0 0
INDEPENDENT BANK CORP MICH COM NEW 453838609 4,643 320,000 SH   SOLE   320,000 0 0
INVESTAR HLDG CORP COM 46134L105 2,672 173,700 SH   SOLE   173,700 0 0
LAPORTE BANCORP INC MD COM 516651106 3,712 227,300 SH   DFND 1 227,300 0 0
LOEWS CORP COM 540424108 5,136 125,000 SH   DFND 1 125,000 0 0
MAINSOURCE FINANCIAL GP INC COM 56062Y102 6,611 299,828 SH   DFND 1 299,828 0 0
MAINSOURCE FINANCIAL GP INC COM 56062Y102 8,058 365,435 SH   SOLE   365,435 0 0
MGIC INVT CORP WIS COM 552848103 1,791 301,000 SH   DFND 1 301,000 0 0
MIDLAND STS BANCORP INC ILL COM 597742105 9,119 420,444 SH   DFND 1 420,444 0 0
MIDSOUTH BANCORP INC COM 598039105 4,716 469,721 SH   DFND 1 469,721 0 0
MIDSOUTH BANCORP INC COM 598039105 4,442 442,463 SH   SOLE   442,463 0 0
OFG BANCORP COM 67103X102 1,503 181,037 SH   DFND 1 181,037 0 0
OFG BANCORP COM 67103X102 833 100,414 SH   SOLE   100,414 0 0
PEOPLES BANCORP INC COM 709789101 4,126 189,332 SH   DFND 1 189,332 0 0
PEOPLES BANCORP INC COM 709789101 2,107 96,685 SH   SOLE   96,685 0 0
POPULAR INC COM NEW 733174700 11,254 384,100 SH   DFND 1 384,100 0 0
POPULAR INC COM NEW 733174700 6,320 215,700 SH   SOLE   215,700 0 0
QCR HOLDINGS INC COM 74727A104 6,084 223,773 SH   DFND 1 223,773 0 0
QCR HOLDINGS INC COM 74727A104 3,348 123,140 SH   SOLE   123,140 0 0
RIVERVIEW BANCORP INC COM 769397100 2,312 488,696 SH   SOLE   488,696 0 0
SEACOAST BKG CORP FLA COM NEW 811707801 4,480 275,886 SH   DFND 1 275,886 0 0
SEACOAST BKG CORP FLA COM NEW 811707801 412 25,345 SH   SOLE   25,345 0 0
SERVISFIRST BANCSHARES INC COM 81768T108 5,156 104,397 SH   DFND 1 104,397 0 0
SERVISFIRST BANCSHARES INC COM 81768T108 4,250 86,043 SH   SOLE   86,043 0 0
SOUTHERN MO BANCORP INC COM 843380106 2,251 95,657 SH   DFND 1 95,657 0 0
SOUTHERN MO BANCORP INC COM 843380106 8,534 362,706 SH   SOLE   362,706 0 0
TALMER BANCORP INC COM 87482X101 7,321 381,898 SH   DFND 1 381,898 0 0
TALMER BANCORP INC COM 87482X101 10,904 568,818 SH   SOLE   568,818 0 0
TEXAS CAPITAL BANCSHARES INC COM 88224Q107 4,910 105,000 SH   DFND 1 105,000 0 0
TRICO BANCSHARES COM 896095106 5,724 207,384 SH   DFND 1 207,384 0 0
TRICO BANCSHARES COM 896095106 1,728 62,605 SH   SOLE   62,605 0 0
UNITED FINL BANCORP INC NEW COM 910304104 4,048 311,859 SH   DFND 1 311,859 0 0
WINTRUST FINL CORP COM 97650W108 8,415 165,000 SH   DFND 1 165,000 0 0