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
1347 PPTY INS HLDGS INC Common 68244P107 1,223 156,800 SH   DFND   156,800 0 0
ANCHOR BANCORP WA Common 032838104 6,432 236,466 SH   DFND   236,466 0 0
BANCORP 34 INC Common 05970V106 1,878 149,181 SH   DFND   149,181 0 0
COASTWAY BANCORP INC Common 190632109 313 20,000 SH   DFND   20,000 0 0
ENTEGRA FINL CORP Common 29363J108 2,678 130,000 SH   DFND   130,000 0 0
EQUITABLE FINL CORP NEW Common 29448T105 4 436 SH   DFND   436 0 0
ESSA BANCORP INC Common 29667D104 550 35,000 SH   DFND   35,000 0 0
FIRST NORTHWEST BANCORP Common 335834107 312 20,000 SH   DFND   20,000 0 0
FIRST SAVINGS FINL GROUP INC Common 33621E109 940 20,000 SH   DFND   20,000 0 0
FS BANCORP INC Common 30263Y104 4,314 120,000 SH   DFND   120,000 0 0
FSB BANCORP INC Common 30289C102 1,301 91,635 SH   DFND   91,635 0 0
GREAT ELM CAP GROUP INC Common 39036P209 388 103,500 SH   DFND   103,500 0 0
HAMILTON BANCORP INC MD Common 407015106 4,490 315,101 SH   DFND   315,101 0 0
HOME FED BANCORP INC LA NEW Common 43708L108 1,880 70,000 SH   DFND   70,000 0 0
HOPFED BANCORP INC Common 439734104 8,576 637,128 SH   DFND   637,128 0 0
IF BANCORP INC Common 44951J105 6,731 363,811 SH   DFND   363,811 0 0
JACKSONVILLE BANCORP INC MD Common 46924R106 4,626 154,200 SH   DFND   154,200 0 0
KINGSWAY FINL SVCS INC Common 496904202 22,561 3,609,718 SH   DFND   3,609,718 0 0
LAKE SHORE BANCORP INC Common 510700107 4,659 286,364 SH   DFND   286,364 0 0
MAGYAR BANCORP INC Common 55977T109 138 11,490 SH   DFND   11,490 0 0
MALVERN BANCORP INC Common 561409103 5,424 256,459 SH   DFND   256,459 0 0
MELROSE BANCORP INC Common 585553100 539 30,000 SH   DFND   30,000 0 0
METLIFE INC Common 59156R108 3 60 SH   DFND   60 0 0
OCONEE FED FINL CORP Common 675607105 2,609 111,000 SH   DFND   111,000 0 0
OFG BANCORP Common 67103X102 16,401 1,252,001 SH   DFND   1,252,001 0 0
OTTAWA BANCORP INC Common 689195105 652 51,208 SH   DFND   51,208 0 0
PB BANCORP INC Common 70454T100 993 100,268 SH   DFND   100,268 0 0
POAGE BANKSHARES INC Common 730206109 6,872 365,554 SH   DFND   365,554 0 0
POPULAR INC Common 733174700 876 20,000 SH   DFND   20,000 0 0
PRINCIPAL FINL GROUP INC Common 74251V102 32 547 SH   DFND   547 0 0
PROVIDENT BANCORP INC Common 74383X109 269 15,000 SH   DFND   15,000 0 0
PROVIDENT FINL HLDGS INC Common 743868101 12,436 615,040 SH   DFND   615,040 0 0
SOUND FINL BANCORP INC Common 83607A100 6,711 239,683 SH   DFND   239,683 0 0
WAYNE SVGS BANCSHARES INC NE Common 94624Q101 4,453 269,853 SH   DFND   269,853 0 0
WCF BANCORP INC Common 92940L103 340 33,957 SH   DFND   33,957 0 0
WELLESLEY BANCORP INC Common 949485106 1,534 55,275 SH   DFND   55,275 0 0
WOLVERINE BANCORP INC Common 977880103 6,390 202,212 SH   DFND   202,212 0 0