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        <nameOfIssuer>1ST FINL BANCORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
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        <nameOfIssuer>ACADIAN ASSET MANAGEMENT INC</nameOfIssuer>
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        <nameOfIssuer>ALGOMA STL GROUP INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>015658107</cusip>
        <value>45430</value>
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            <Sole>11000</Sole>
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        <nameOfIssuer>AMERIS BANCORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>03076K108</cusip>
        <value>395487</value>
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            <Sole>2838</Sole>
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        <nameOfIssuer>AVIDBANK HLDGS INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>05368J103</cusip>
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            <Sole>107098</Sole>
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        <nameOfIssuer>AXOS FINANCIAL INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>05465C100</cusip>
        <value>435661</value>
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            <Sole>2859</Sole>
            <Shared>2261</Shared>
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        <nameOfIssuer>BANC OF CALIFORNIA INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>05990K106</cusip>
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            <Sole>214465</Sole>
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        <nameOfIssuer>BANKUNITED INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
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        <value>2708290</value>
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            <Sole>54511</Sole>
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        <nameOfIssuer>BARCLAYS PLC</nameOfIssuer>
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        <cusip>06738E204</cusip>
        <value>1993272</value>
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        <nameOfIssuer>BEACON FINANCIAL CORP.</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>084680107</cusip>
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        <nameOfIssuer>BLUE RIDGE BANKSHARES INC VA</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>095825105</cusip>
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            <Sole>524303</Sole>
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        <nameOfIssuer>BRIDGEWATER BANCSHARES INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>108621103</cusip>
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            <Sole>163081</Sole>
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        <nameOfIssuer>CALIFORNIA BANCORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>84252A106</cusip>
        <value>468127</value>
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        <nameOfIssuer>CANNAE HLDGS INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>13765N107</cusip>
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            <Sole>200000</Sole>
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        <nameOfIssuer>CAPITAL ONE FINL CORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>14040H105</cusip>
        <value>2967954</value>
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            <Sole>14017</Sole>
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        <nameOfIssuer>CARTER BANKSHARES INC</nameOfIssuer>
        <titleOfClass>COM NEW</titleOfClass>
        <cusip>146103106</cusip>
        <value>2303037</value>
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            <Sole>82539</Sole>
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        <nameOfIssuer>CHAIN BRIDGE BANCORP INC</nameOfIssuer>
        <titleOfClass>CL A</titleOfClass>
        <cusip>15746L100</cusip>
        <value>1971641</value>
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            <Sole>56494</Sole>
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        <nameOfIssuer>CNB FINL CORP PA</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>126128107</cusip>
        <value>3276621</value>
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            <Sole>104243</Sole>
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        <nameOfIssuer>COASTAL FINL CORP WA</nameOfIssuer>
        <titleOfClass>COM NEW</titleOfClass>
        <cusip>19046P209</cusip>
        <value>933671</value>
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        <nameOfIssuer>COASTALSOUTH BANCSHARES INC</nameOfIssuer>
        <titleOfClass>COM NEW</titleOfClass>
        <cusip>19058X207</cusip>
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        <nameOfIssuer>COCA COLA CONS INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>191098102</cusip>
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        <nameOfIssuer>COMMERCIAL BANCGROUP INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>20112C106</cusip>
        <value>4139964</value>
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        <nameOfIssuer>CONNECTONE BANCORP INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>20786W107</cusip>
        <value>731463</value>
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        <nameOfIssuer>COREBRIDGE FINL INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>21871X109</cusip>
        <value>2145897</value>
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        <nameOfIssuer>CUSTOMERS BANCORP INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
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        <nameOfIssuer>DESIGNER BRANDS INC</nameOfIssuer>
        <titleOfClass>CL A</titleOfClass>
        <cusip>250565108</cusip>
        <value>551930</value>
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        <nameOfIssuer>EAGLE FINL SVCS INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>26951R104</cusip>
        <value>836372</value>
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        <nameOfIssuer>ENCORE CAP GROUP INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>292554102</cusip>
        <value>3170826</value>
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        <nameOfIssuer>EQUITABLE HLDGS INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>29452E101</cusip>
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        <nameOfIssuer>FIFTH THIRD BANCORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>316773100</cusip>
        <value>486947</value>
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        <nameOfIssuer>FIRST BUSEY CORP</nameOfIssuer>
        <titleOfClass>COM NEW</titleOfClass>
        <cusip>319383204</cusip>
        <value>3912655</value>
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        <nameOfIssuer>FIRST CTZNS BANCSHARES INC D</nameOfIssuer>
        <titleOfClass>CL A</titleOfClass>
        <cusip>31946M103</cusip>
        <value>3394273</value>
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        <nameOfIssuer>FIRST HORIZON CORPORATION</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>320517105</cusip>
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        <nameOfIssuer>FIRST MERCHANTS CORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>320817109</cusip>
        <value>420995</value>
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            <sshPrnamt>10870</sshPrnamt>
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        <nameOfIssuer>FIVE STAR BANCORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>33830T103</cusip>
        <value>2245321</value>
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        <investmentDiscretion>SOLE</investmentDiscretion>
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            <Sole>54154</Sole>
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        <nameOfIssuer>GENWORTH FINL INC</nameOfIssuer>
        <titleOfClass>COM SHS</titleOfClass>
        <cusip>37247D106</cusip>
        <value>3881360</value>
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        <nameOfIssuer>GREEN DOT CORP</nameOfIssuer>
        <titleOfClass>CL A</titleOfClass>
        <cusip>39304D102</cusip>
        <value>1827884</value>
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            <sshPrnamt>162913</sshPrnamt>
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        <nameOfIssuer>HACKETT GROUP INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>404609109</cusip>
        <value>1105850</value>
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            <sshPrnamt>85000</sshPrnamt>
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            <Sole>85000</Sole>
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        <nameOfIssuer>HILLTOP HLDGS INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>432748101</cusip>
        <value>909828</value>
        <shrsOrPrnAmt>
            <sshPrnamt>25400</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
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            <Sole>25400</Sole>
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            <None>0</None>
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        <nameOfIssuer>HOMETRUST BANCSHARES INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>437872104</cusip>
        <value>2537675</value>
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            <sshPrnamt>59500</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>51719</Sole>
            <Shared>7781</Shared>
            <None>0</None>
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        <nameOfIssuer>JEFFERSON CAPITAL INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>47248R103</cusip>
        <value>3290099</value>
        <shrsOrPrnAmt>
            <sshPrnamt>171092</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>157114</Sole>
            <Shared>13978</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>KB HOME</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>48666K109</cusip>
        <value>1242000</value>
        <shrsOrPrnAmt>
            <sshPrnamt>24000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>24000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>KEROS THERAPEUTICS INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>492327101</cusip>
        <value>165600</value>
        <shrsOrPrnAmt>
            <sshPrnamt>15000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>15000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>METROPOLITAN BK HLDG CORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>591774104</cusip>
        <value>3768873</value>
        <shrsOrPrnAmt>
            <sshPrnamt>45250</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>45250</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
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    <infoTable>
        <nameOfIssuer>NB BANCORP INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>63945M107</cusip>
        <value>873499</value>
        <shrsOrPrnAmt>
            <sshPrnamt>41457</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>23301</Sole>
            <Shared>18156</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>NEPTUNE INS HLDGS INC</nameOfIssuer>
        <titleOfClass>CL A</titleOfClass>
        <cusip>64073B103</cusip>
        <value>1801018</value>
        <shrsOrPrnAmt>
            <sshPrnamt>74453</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>57177</Sole>
            <Shared>17276</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>NORTHPOINTE BANCSHARES INC.</nameOfIssuer>
        <titleOfClass>COM SHS</titleOfClass>
        <cusip>66661N886</cusip>
        <value>4230547</value>
        <shrsOrPrnAmt>
            <sshPrnamt>245107</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>245107</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>OLD NATL BANCORP IND</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>680033107</cusip>
        <value>2597391</value>
        <shrsOrPrnAmt>
            <sshPrnamt>117529</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>107305</Sole>
            <Shared>10224</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>OLD SECOND BANCORP INC DEL</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>680277100</cusip>
        <value>3047587</value>
        <shrsOrPrnAmt>
            <sshPrnamt>151170</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>132462</Sole>
            <Shared>18708</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ONESPAN INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>68287N100</cusip>
        <value>1368911</value>
        <shrsOrPrnAmt>
            <sshPrnamt>130001</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>130001</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>OPPENHEIMER HLDGS INC</nameOfIssuer>
        <titleOfClass>CL A NON VTG</titleOfClass>
        <cusip>683797104</cusip>
        <value>1783800</value>
        <shrsOrPrnAmt>
            <sshPrnamt>20000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>20000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ORANGE CNTY BANCORP INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>68417L107</cusip>
        <value>2585327</value>
        <shrsOrPrnAmt>
            <sshPrnamt>80842</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>75174</Sole>
            <Shared>5668</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PAMT CORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>693149106</cusip>
        <value>211250</value>
        <shrsOrPrnAmt>
            <sshPrnamt>25000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>25000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
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    <infoTable>
        <nameOfIssuer>POPULAR INC</nameOfIssuer>
        <titleOfClass>COM NEW</titleOfClass>
        <cusip>733174700</cusip>
        <value>772014</value>
        <shrsOrPrnAmt>
            <sshPrnamt>5754</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>3200</Sole>
            <Shared>2554</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PRIMIS FINANCIAL CORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>74167B109</cusip>
        <value>2516613</value>
        <shrsOrPrnAmt>
            <sshPrnamt>189504</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>189504</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>PROVIDENT FINL SVCS INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>74386T105</cusip>
        <value>2838614</value>
        <shrsOrPrnAmt>
            <sshPrnamt>134150</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>119127</Sole>
            <Shared>15023</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>RBB BANCORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>74930B105</cusip>
        <value>2326274</value>
        <shrsOrPrnAmt>
            <sshPrnamt>108857</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>100688</Sole>
            <Shared>8169</Shared>
            <None>0</None>
        </votingAuthority>
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    <infoTable>
        <nameOfIssuer>RED ROCK RESORTS INC</nameOfIssuer>
        <titleOfClass>CL A</titleOfClass>
        <cusip>75700L108</cusip>
        <value>691279</value>
        <shrsOrPrnAmt>
            <sshPrnamt>12955</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>12955</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
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    <infoTable>
        <nameOfIssuer>SIMMONS FIRST NATL CORP</nameOfIssuer>
        <titleOfClass>CL A $1 PAR</titleOfClass>
        <cusip>828730200</cusip>
        <value>4759415</value>
        <shrsOrPrnAmt>
            <sshPrnamt>244700</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>220653</Sole>
            <Shared>24047</Shared>
            <None>0</None>
        </votingAuthority>
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    <infoTable>
        <nameOfIssuer>THIRD COAST BANCSHARES INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>88422P109</cusip>
        <value>482749</value>
        <shrsOrPrnAmt>
            <sshPrnamt>12761</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>6559</Sole>
            <Shared>6202</Shared>
            <None>0</None>
        </votingAuthority>
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    <infoTable>
        <nameOfIssuer>TOMPKINS FINL CORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>890110109</cusip>
        <value>844376</value>
        <shrsOrPrnAmt>
            <sshPrnamt>10710</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>10710</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
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    <infoTable>
        <nameOfIssuer>TRUIST FINL CORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>89832Q109</cusip>
        <value>551502</value>
        <shrsOrPrnAmt>
            <sshPrnamt>11997</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>6718</Sole>
            <Shared>5279</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>VALLEY NATL BANCORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>919794107</cusip>
        <value>3969706</value>
        <shrsOrPrnAmt>
            <sshPrnamt>323266</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>284778</Sole>
            <Shared>38488</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>WESBANCO INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>950810101</cusip>
        <value>3885885</value>
        <shrsOrPrnAmt>
            <sshPrnamt>112667</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>99648</Sole>
            <Shared>13019</Shared>
            <None>0</None>
        </votingAuthority>
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    <infoTable>
        <nameOfIssuer>WEST FRASER TIMBER LTD</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>952845105</cusip>
        <value>652900</value>
        <shrsOrPrnAmt>
            <sshPrnamt>10000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>10000</Sole>
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            <None>0</None>
        </votingAuthority>
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    <infoTable>
        <nameOfIssuer>WESTERN ALLIANCE BANCORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>957638109</cusip>
        <value>406041</value>
        <shrsOrPrnAmt>
            <sshPrnamt>5731</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>3179</Sole>
            <Shared>2552</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>WEX INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>96208T104</cusip>
        <value>1423272</value>
        <shrsOrPrnAmt>
            <sshPrnamt>9300</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>9300</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
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    <infoTable>
        <nameOfIssuer>WINTRUST FINL CORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>97650W108</cusip>
        <value>541866</value>
        <shrsOrPrnAmt>
            <sshPrnamt>3900</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>2190</Sole>
            <Shared>1710</Shared>
            <None>0</None>
        </votingAuthority>
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    <infoTable>
        <nameOfIssuer>WIX COM LTD</nameOfIssuer>
        <titleOfClass>SHS</titleOfClass>
        <cusip>M98068105</cusip>
        <value>2161680</value>
        <shrsOrPrnAmt>
            <sshPrnamt>24000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>24000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
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</informationTable>
