13F-HR 1 d1120293_13f-hr.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F Cover Page Report for the Calendar Year or Quarter Ended June 30, 2010 Check here if Amendment: |_|; Amendment Number: ____ This Amendment (Check only one): |_| is a restatement |_| adds new holding entries. Institutional Manager Filing this Report: Name: Castine Capital Management, LLC Address: One International Place Suite 2401 Boston, Massachusetts 02110 13F File Number: 028-12177 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Paul Magidson Title: Managing Member Phone: (617) 310-5190 Signature, Place and Date of Signing: /s/ Paul Magidson Boston, Massachusetts August 13, 2010 ----------------------- -------------------------- ---------------------- [Signature] [City, State] [Date] Report Type: (Check only one): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report). [_] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting managers(s).) [_] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: None Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 1 Form 13F Information Table Entry Total: 116 Form 13F Information Table Value Total: $426,589 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. No. Form 13F File Number Name 1. 028-13763 Castine Partners II, LP
FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE 1ST UNITED BANCORP INC FLA COM 33740N105 3,815 518,294 SH Shared 1 518,294 1ST UNITED BANCORP INC FLA COM 33740N105 2,073 281,706 SH Sole 281,706 AMERICAN CAP LTD COM 02503Y103 911 189,036 SH Shared 1 189,036 AMERICAN CAP LTD COM 02503Y103 702 145,605 SH Sole 145,605 AMERICAN INTL GROUP INC COM NEW 026874784 73,578 2,136,400 PUT Shared 1 2,136,400 AMERICAN INTL GROUP INC COM NEW 026874784 40,074 1,163,600 PUT Sole 1,163,600 AMERIS BANCORP COM 03076K108 4,637 480,069 SH Shared 1 480,069 AMERIS BANCORP COM 03076K108 2,520 260,897 SH Sole 260,897 AON CORP COM 037389103 4,329 116,614 SH Shared 1 116,614 AON CORP COM 037389103 2,353 63,386 SH Sole 63,386 ASSOCIATED BANC CORP COM 045487105 1,588 129,566 SH Shared 1 129,566 ASSOCIATED BANC CORP COM 045487105 864 70,434 SH Sole 70,434 BANCORP INC DEL COM 05969A105 5,812 742,258 SH Shared 1 742,258 BANCORP INC DEL COM 05969A105 3,159 403,403 SH Sole 403,403 BANCORP RHODE ISLAND INC COM 059690107 2,295 87,609 SH Shared 1 87,609 BANCORP RHODE ISLAND INC COM 059690107 1,335 50,973 SH Sole 50,973 BANK OF AMERICA CORPORATION COM 060505104 5,905 410,923 SH Shared 1 410,923 BANK OF AMERICA CORPORATION COM 060505104 3,436 239,077 SH Sole 239,077 BCSB BANCORP INC COM 055367106 1,038 104,894 SH Shared 1 104,894 BCSB BANCORP INC COM 055367106 576 58,141 SH Sole 58,141 BENEFICIAL MUTUAL BANCORP IN COM 08173R104 3,201 323,948 SH Shared 1 323,948 BENEFICIAL MUTUAL BANCORP IN COM 08173R104 1,739 176,052 SH Sole 176,052 CAPE BANCORP INC COM 139209100 3,030 423,773 SH Shared 1 423,773 CAPE BANCORP INC COM 139209100 1,647 230,298 SH Sole 230,298 CASH AMER INTL INC COM 14754D100 3,331 97,200 SH Shared 1 97,200 CASH AMER INTL INC COM 14754D100 1,809 52,800 SH Sole 52,800 CENTER FINL CORP CALIF COM 15146E102 3,002 583,000 SH Shared 1 583,000 CENTER FINL CORP CALIF COM 15146E102 1,633 317,000 SH Sole 317,000 CENTURY BANCORP INC MASS CL A NON VTG 156432106 3,893 176,614 SH Shared 1 176,614 CENTURY BANCORP INC MASS CL A NON VTG 156432106 2,127 96,497 SH Sole 96,497 CHIMERA INVT CORP COM 16934Q109 2,339 648,000 SH Shared 1 648,000 CHIMERA INVT CORP COM 16934Q109 1,271 352,000 SH Sole 352,000 CHUBB CORP COM 171232101 4,781 95,606 SH Shared 1 95,606 CHUBB CORP COM 171232101 2,782 55,622 SH Sole 55,622 CIT GROUP INC COM NEW 125581801 2,236 66,025 SH Shared 1 66,025 CIT GROUP INC COM NEW 125581801 1,301 38,415 SH Sole 38,415 COLUMBIA BKG SYS INC COM 197236102 2,958 162,000 SH Shared 1 162,000 COLUMBIA BKG SYS INC COM 197236102 1,607 88,000 SH Sole 88,000 DANVERS BANCORP INC COM 236442109 3,441 238,156 SH Shared 1 238,156 DANVERS BANCORP INC COM 236442109 1,870 129,444 SH Sole 129,444 EAGLE BANCORP INC MD COM 268948106 2,319 196,880 SH Shared 1 196,880 EAGLE BANCORP INC MD COM 268948106 1,350 114,560 SH Sole 114,560 ESSA BANCORP INC COM 29667D104 663 53,833 SH Shared 1 53,833 ESSA BANCORP INC COM 29667D104 360 29,261 SH Sole 29,261 EVANS BANCORP INC COM NEW 29911Q208 1,844 145,800 SH Shared 1 145,800 EVANS BANCORP INC COM NEW 29911Q208 1,002 79,200 SH Sole 79,200 FIRST CALIFORNIA FINANCIAL G COM NEW 319395109 2,179 809,897 SH Shared 1 809,897 FIRST CALIFORNIA FINANCIAL G COM NEW 319395109 1,184 440,103 SH Sole 440,103 FOX CHASE BANCORP COM 35137P106 3,180 332,248 SH Shared 1 332,248 FOX CHASE BANCORP COM 35137P106 1,850 193,302 SH Sole 193,302 FREIGHTCAR AMER INC COM 357023100 3,227 142,673 SH Shared 1 142,673 FREIGHTCAR AMER INC COM 357023100 1,736 76,760 SH Sole 76,760 GENWORTH FINL INC COM CL A 37247D106 3,176 242,977 SH Shared 1 242,977 GENWORTH FINL INC COM CL A 37247D106 1,726 132,023 SH Sole 132,023 GOLDMAN SACHS GROUP INC COM 38141G104 7,654 58,311 SH Shared 1 58,311 GOLDMAN SACHS GROUP INC COM 38141G104 4,452 33,918 SH Sole 33,918 GRAMERCY CAP CORP COM 384871109 119 94,155 SH Shared 1 94,155 GRAMERCY CAP CORP COM 384871109 93 73,450 SH Sole 73,450 GREENLIGHT CAPITAL RE LTD CLASS A G4095J109 8,722 346,266 SH Shared 1 346,266 GREENLIGHT CAPITAL RE LTD CLASS A G4095J109 4,741 188,197 SH Sole 188,197 HERITAGE FINL CORP WASH COM 42722X106 3,439 229,693 SH Shared 1 229,693 HERITAGE FINL CORP WASH COM 42722X106 1,869 124,837 SH Sole 124,837 HILLTOP HOLDINGS INC COM 432748101 1,581 157,951 SH Shared 1 157,951 HILLTOP HOLDINGS INC COM 432748101 859 85,844 SH Sole 85,844 HOME FED BANCORP INC MD COM 43710G105 6,445 510,303 SH Shared 1 510,303 HOME FED BANCORP INC MD COM 43710G105 3,573 282,859 SH Sole 282,859 ISTAR FINL INC COM 45031U101 174 39,010 SH Shared 1 39,010 ISTAR FINL INC COM 45031U101 149 33,390 SH Sole 33,390 JPMORGAN CHASE & CO COM 46625H100 3,703 101,150 SH Shared 1 101,150 JPMORGAN CHASE & CO COM 46625H100 2,154 58,850 SH Sole 58,850 LEGACY BANCORP INC CL A 52463G105 712 80,678 SH Shared 1 80,678 LEGACY BANCORP INC CL A 52463G105 387 43,826 SH Sole 43,826 LENNAR CORP CL B 526057302 6,496 573,362 SH Shared 1 573,362 LENNAR CORP CL B 526057302 3,531 311,619 SH Sole 311,619 LOEWS CORP COM 540424108 4,855 145,757 SH Shared 1 145,757 LOEWS CORP COM 540424108 2,640 79,243 SH Sole 79,243 METRO BANCORP INC PA COM 59161R101 3,198 259,154 SH Shared 1 259,154 METRO BANCORP INC PA COM 59161R101 1,738 140,846 SH Sole 140,846 MFA FINANCIAL INC COM 55272X102 5,516 745,343 SH Shared 1 745,343 MFA FINANCIAL INC COM 55272X102 2,997 404,967 SH Sole 404,967 NEWPORT BANCORP INC COM 651754103 2,541 208,615 SH Shared 1 208,615 NEWPORT BANCORP INC COM 651754103 1,390 114,094 SH Sole 114,094 NORTHWEST BANCSHARES INC MD COM 667340103 5,373 468,422 SH Shared 1 468,422 NORTHWEST BANCSHARES INC MD COM 667340103 2,920 254,579 SH Sole 254,579 OCEANFIRST FINL CORP COM 675234108 2,386 197,687 SH Shared 1 197,687 OCEANFIRST FINL CORP COM 675234108 1,297 107,442 SH Sole 107,442 ORIENTAL FINL GROUP INC COM 68618W100 1,998 157,810 SH Shared 1 157,810 ORIENTAL FINL GROUP INC COM 68618W100 1,163 91,890 SH Sole 91,890 ORITANI FINL CORP COM 686323106 3,284 328,431 SH Shared 1 328,431 ORITANI FINL CORP COM 686323106 1,951 195,118 SH Sole 195,118 PENN MILLERS HLDG CORP COM 707561106 4,335 328,382 SH Shared 1 328,382 PENN MILLERS HLDG CORP COM 707561106 2,356 178,469 SH Sole 178,469 PMI GROUP INC COM 69344M101 1,311 453,600 SH Shared 1 453,600 PMI GROUP INC COM 69344M101 712 246,400 SH Sole 246,400 POPULAR INC COM 733174106 4,342 1,620,000 SH Shared 1 1,620,000 POPULAR INC COM 733174106 2,358 880,000 SH Sole 880,000 SMITHTOWN BANCORP INC COM 832449102 821 275,399 SH Shared 1 275,399 SMITHTOWN BANCORP INC COM 832449102 446 149,601 SH Sole 149,601 SPDR GOLD TRUST GOLD SHS 78463V107 8,189 67,297 SH Shared 1 67,297 SPDR GOLD TRUST GOLD SHS 78463V107 4,450 36,572 SH Sole 36,572 TRADESTATION GROUP INC COM 89267P105 4,373 647,907 SH Shared 1 647,907 TRADESTATION GROUP INC COM 89267P105 2,377 352,093 SH Sole 352,093 TWO HBRS INVT CORP COM 90187B101 3,406 412,906 SH Shared 1 412,906 TWO HBRS INVT CORP COM 90187B101 1,850 224,294 SH Sole 224,294 UNITED FINANCIAL BANCORP INC COM 91030T109 3,977 291,323 SH Shared 1 291,323 UNITED FINANCIAL BANCORP INC COM 91030T109 2,161 158,332 SH Sole 158,332 US BANCORP DEL COM NEW 902973304 9,412 421,136 SH Shared 1 421,136 US BANCORP DEL COM NEW 902973304 5,115 228,864 SH Sole 228,864 WASHINGTON BKG CO OAK HBR WA COM 937303105 3,030 236,903 SH Shared 1 236,903 WASHINGTON BKG CO OAK HBR WA COM 937303105 1,647 128,763 SH Sole 128,763 WASHINGTON FED INC COM 938824109 2,621 162,000 SH Shared 1 162,000 WASHINGTON FED INC COM 938824109 1,522 94,057 SH Sole 94,057 WHITE MTNS INS GROUP LTD COM G9618E107 5,511 16,999 SH Shared 1 16,999 WHITE MTNS INS GROUP LTD COM G9618E107 3,207 9,891 SH Sole 9,891 WILLIS LEASE FINANCE CORP COM 970646105 2,701 293,001 SH Shared 1 293,001 WILLIS LEASE FINANCE CORP COM 970646105 1,468 159,231 SH Sole 159,231
SK 21745 0002 1120293