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
Ameris Bancorp common 03076K108 1,808 47,480 SH   SOLE   0 0 0
Bank of Fincastle common 062113105 1,274 563,917 SH   SOLE   0 0 0
Berkshire Hill Bancorp common 084680107 1,553 90,701 SH   SOLE   0 0 0
Canadian Imp BK COMM Jan 15 2021 85 put 136069951 37 400 PRN   SOLE   0 0 0
Cecil Bancorp, Inc. common 149841306 909 367,500 SH   SOLE   0 0 0
Citigroup common 172967424 210 3,400 SH   SOLE   0 0 0
Citigroup Jan 20 2023 37.50 call 172967904 1,240 500 PRN Call SOLE   0 0 0
Coastal Financial Corporation common 19046P209 393 18,700 SH   SOLE   0 0 0
Communities First Financial Corp common 20344D104 5,730 178,913 SH   SOLE   0 0 0
FB Financial Corp common 30257X104 4,384 126,225 SH   SOLE   0 0 0
First Bancorp NC common 318910106 3,733 110,353 SH   SOLE   0 0 0
First Bancshares Inc MS common 318916103 6,468 209,450 SH   SOLE   0 0 0
First Intst Bancsystem CL A common 32055Y201 2,794 68,531 SH   SOLE   0 0 0
Flushing Financial common 343873105 1,830 110,000 SH   SOLE   0 0 0
Foley Trasimene Acquisition CL A common 344328109 1,525 101,000 SH   SOLE   0 0 0
Gateway Bank FSB common 36758P102 1,103 3,000,000 SH   SOLE   0 0 0
Grandsouth Bancorporation common 386627301 4,029 263,768 SH   SOLE   0 0 0
Great Southn Bancorp common 390905107 53 1,080 SH   SOLE   0 0 0
Heritage Commerce Corp common 426927109 2,182 246,000 SH   SOLE   0 0 0
Intelligent Systems Corp New common 45816D100 1,005 25,052 SH   SOLE   0 0 0
Investar Holding Corp common 46134L105 3,235 195,573 SH   SOLE   0 0 0
iShares Trust IBOXX HI YD ETF Jan 15 2021 83 put 464288953 19 2,500 PRN Put SOLE   0 0 0
iShares Trust IBOXX HI YD ETF Mar 19 2021 90 call 464288903 2 650 PRN Call SOLE   0 0 0
iShares Trust IBOXX HI YD ETF Mar 19 2021 78 put 464288953 14 500 PRN Put SOLE   0 0 0
iShares Trust IBOXX HI YD ETF Jun 18 2021 79 put 464288953 193 2,000 PRN Put SOLE   0 0 0
Lakeland Bancorp Inc common 511637100 1,107 87,162 SH   SOLE   0 0 0
MainStreet Bancshares Inc common 56064Y100 5 315 SH   SOLE   0 0 0
McHenry Bancorp, Inc. common 580683100 1,516 17,262,875 SH   SOLE   0 0 0
Metro Phoenix Bank common 59165E106 1,513 131,667 SH   SOLE   0 0 0
MVB Financial common 553810102 557 24,548 SH   SOLE   0 0 0
NCINO Inc common 63947U107 724 10,000 SH   SOLE   0 0 0
NCINO Inc Jan 15 2021 95 call 63947U907 2 100 PRN Call SOLE   0 0 0
Old Natl Bancorp IND common 680033107 1,656 100,000 SH   SOLE   0 0 0
Oregon Pacific Bancorp common 686040205 1,863 358,334 SH   SOLE   0 0 0
Pacific Premier Bancorp common 69478X105 3,257 103,945 SH   SOLE   0 0 0
Pacific West Bank common 69506W202 1,796 164,390 SH   SOLE   0 0 0
Pacwest Bancorp DEL common 695263103 2,540 100,000 SH   SOLE   0 0 0
Paysign Inc. common 70451A104 226 48,742 SH   SOLE   0 0 0
Paysign Inc. Jan 21 2022 5 call 70451A904 259 1,756 PRN Call SOLE   0 0 0
Popular Inc common 733174700 946 16,800 SH   SOLE   0 0 0
Popular Inc. July 16 2021 55 call 733174900 15 22 PRN Call SOLE   0 0 0
Reliant Bancorp common 75956B101 2,442 131,171 SH   SOLE   0 0 0
Royal BK CDA Montreal Jan 15 2021 75 put 780087952 1 100 PRN Put SOLE   0 0 0
Royal BK CDA Montreal Apr 16 2021 80 put 780087952 85 300 PRN Put SOLE   0 0 0
Financial Select Sector SPDR ETF Jan 15 2021 25 put 81369Y955 30 15,000 PRN Put SOLE   0 0 0
Financial Select Sector SPDR ETF Jan 15 2021 26 put 81369Y955 1 302 PRN Put SOLE   0 0 0
Financial Select Sector SPDR ETF Jan 15 2021 26.50 put 81369Y955 20 5,000 PRN Put SOLE   0 0 0
Financial Select Sector SPDR ETF Jan 21 2022 30 call 81369Y905 740 3,000 PRN Call SOLE   0 0 0
Financial Select Sector SPDR ETF Jan 21 2022 35 call 81369Y905 362 4,500 PRN Call SOLE   0 0 0
Financial Select Sector SPDR ETF Jun 18 2021 30 call 81369Y905 573 3,400 PRN Call SOLE   0 0 0
South State Corp common 840441109 1,280 17,700 SH   SOLE   0 0 0
Southcrest Financial Group common 84129X107 1,222 148,140 SH   SOLE   0 0 0
SPDR S&P Regional Banking ETF Jan 15 2021 40 put 78464A958 38 7,500 PRN Put SOLE   0 0 0
Toronto Dominion BK ONT Feb 19 2021 55 put 891160959 58 500 PRN Put SOLE   0 0 0
United Bancorporation Ala CL A common 90944R100 4,014 180,072 SH   SOLE   0 0 0
United Bankshares Inc common 909907107 1,102 34,000 SH   SOLE   0 0 0
United Community Banks Inc common 90984P303 2,844 100,000 SH   SOLE   0 0 0
US Metro Bank common 90343B102 3,200 1,107,323 SH   SOLE   0 0 0
Veritex Holdings Inc common 923451108 2,503 97,550 SH   SOLE   0 0 0
Well Fargo & Co New Jun 18 2021 35 call 949746901 213 1,500 PRN Call SOLE   0 0 0
Western Alliance Bancorp common 957638109 4,414 73,621 SH   SOLE   0 0 0
ZIONS Bancorporation N A Jan 21 2022 35 call 989701907 167 150 PRN Call SOLE   0 0 0