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
1-800-Flowers.com Inc Com 68243Q106 3,759 150,730 SH   SOLE   150,730 0 0
ABM Industries Inc Com 000957100 2,769 75,523 SH   SOLE   72,883 0 2,640
AZZ Inc Com 002474104 4,801 140,700 SH   SOLE   140,700 0 0
Albany International Corp Com 012348108 3,364 67,950 SH   SOLE   67,950 0 0
Allied Motion Technologies Inc Com 019330109 5,444 131,877 SH   SOLE   131,877 0 0
Ameresco Inc Com 02361E108 5,573 166,850 SH   SOLE   166,850 0 0
American States Water Company Com 029899101 4,251 56,713 SH   SOLE   55,323 0 1,390
Amerisafe Inc Com 03071H100 6,836 119,176 SH   SOLE   118,056 0 1,120
Andersons Inc Com 034164103 1,990 103,810 SH   SOLE   103,810 0 0
Arrow Financial Corp Com 042744102 1,347 53,679 SH   SOLE   53,679 0 0
Atkore International Group Inc Com 047649108 1,716 75,477 SH   SOLE   75,477 0 0
Atlantic Power Corp. Com 04878Q863 3,845 1,961,490 SH   SOLE   1,961,490 0 0
Axis Capital Holdings Limited Com G0692U109 7,596 172,489 SH   SOLE   172,489 0 0
Baycom Corp. Com 07272M107 863 83,830 SH   SOLE   83,830 0 0
Bio Telemetry Inc Com 090672106 3,763 82,560 SH   SOLE   82,560 0 0
Bryn Mawr Bank Corp Com 117665109 4,129 166,004 SH   SOLE   166,004 0 0
CAI International Inc Com 12477X106 729 26,470 SH   SOLE   26,470 0 0
COHU Inc Com 192576106 1,373 79,890 SH   SOLE   79,890 0 0
CVB Financial Corp Com 126600105 4,504 270,815 SH   SOLE   267,835 0 2,980
Camden National Corp Com 133034108 5,206 172,251 SH   SOLE   172,251 0 0
Casey's General Store Inc Com 147528103 6,487 36,515 SH   SOLE   35,795 0 720
Catchmark Timber Trust Inc Com 14912Y202 1,169 130,900 SH   SOLE   130,900 0 0
Cavco Industries Inc Com 149568107 6,431 35,666 SH   SOLE   35,266 0 400
Central Valley Community Banco Com 155685100 1,427 115,546 SH   SOLE   115,546 0 0
Citi Trends Inc Com 17306X102 1,669 66,830 SH   SOLE   66,830 0 0
City Holding Company Com 177835105 4,302 74,667 SH   SOLE   74,667 0 0
Columbia Banking Systems Inc Com 197236102 6,984 292,832 SH   SOLE   290,942 0 1,890
Community Bank Systems Inc Com 203607106 4,236 77,778 SH   SOLE   77,778 0 0
DHI Group Inc Com 23331S100 1,105 489,120 SH   SOLE   489,120 0 0
DLH Holdings Corp Com 23335Q100 1,133 156,210 SH   SOLE   156,210 0 0
DXP Enterprises Inc Com 233377407 1,108 68,720 SH   SOLE   68,720 0 0
Darling Ingredients Inc Com 237266101 12,257 340,191 SH   SOLE   336,221 0 3,970
Deluxe Corp Com 248019101 4,014 156,010 SH   SOLE   153,020 0 2,990
EMCOR Group Inc Com 29084Q100 7,444 109,945 SH   SOLE   108,725 0 1,220
Encompass Health Corporation Com 29261A100 7,799 120,016 SH   SOLE   118,471 0 1,545
Essent Group Limited Com G3198U102 7,318 197,720 SH   SOLE   195,230 0 2,490
Farmers National Banc Corp Com 309627107 1,333 122,040 SH   SOLE   122,040 0 0
Federal Agricultural Mortgage Com 313148306 1,650 25,920 SH   SOLE   25,920 0 0
Financial Institutions Inc Com 317585404 531 34,480 SH   SOLE   34,480 0 0
First American Financial Corp Com 31847R102 6,356 124,857 SH   SOLE   124,857 0 0
First Bancorp N.C. Com 318910106 3,776 180,430 SH   SOLE   180,430 0 0
First Community Corp. Com 319835104 1,563 114,640 SH   SOLE   114,640 0 0
First Financial Corp Com 320218100 3,703 117,939 SH   SOLE   117,939 0 0
Freightcar America Inc Com 357023100 805 353,230 SH   SOLE   353,230 0 0
GATX Corp Com 361448103 3,494 54,808 SH   SOLE   53,638 0 1,170
Global Indemnity Limited Com 37959R103 1,064 51,170 SH   SOLE   51,170 0 0
Global Medical REIT Inc Com 37954A204 1,923 142,460 SH   SOLE   142,460 0 0
Goodrich Petroleum Corp Com 382410843 852 110,770 SH   SOLE   110,770 0 0
Great Lakes Dredge & Dock Corp Com 390607109 7,412 779,377 SH   SOLE   779,377 0 0
Great Southern Bancorp Com 390905107 5,283 145,864 SH   SOLE   145,864 0 0
HNI Corp Com 404251100 3,788 120,710 SH   SOLE   120,710 0 0
Hackett Group Inc Com 404609109 1,901 170,000 SH   SOLE   170,000 0 0
Heartland Financial USA Inc Com 42234Q102 2,817 93,919 SH   SOLE   93,919 0 0
Heritage Crystal Clean Inc Com 42726M106 2,667 199,776 SH   SOLE   199,776 0 0
Hibbett Sports Inc Com 428567101 1,545 39,390 SH   SOLE   39,390 0 0
IEC Electronics Corp Com 44949L105 1,705 197,120 SH   SOLE   197,120 0 0
ITT Corporation Com 45073V108 6,651 112,629 SH   SOLE   111,199 0 1,430
Ichor Holdings Com G4740B105 1,360 63,040 SH   SOLE   63,040 0 0
Industrial Logistics Propertie Com 456237106 7,914 361,853 SH   SOLE   358,553 0 3,300
Investors Title Company Com 461804106 1,457 11,202 SH   SOLE   11,202 0 0
Kelly Services Inc Com 488152208 4,817 282,670 SH   SOLE   282,670 0 0
Kimball Electronics Inc Com 49428J109 4,383 379,185 SH   SOLE   379,185 0 0
Kimball International Inc Com 494274103 1,957 185,633 SH   SOLE   185,633 0 0
Knowles Corp Com 49926D109 2,259 151,630 SH   SOLE   151,630 0 0
Kulicke & Soffa Industries Inc Com 501242101 4,391 196,040 SH   SOLE   196,040 0 0
LCI Industries Com 50189K103 5,666 53,305 SH   SOLE   52,585 0 720
Lakeland Financial Corp Com 511656100 3,826 92,876 SH   SOLE   92,876 0 0
Landec Corporation Com 514766104 5,222 537,197 SH   SOLE   537,197 0 0
M/I Homes Inc Com 55305B101 3,701 80,374 SH   SOLE   80,374 0 0
MDC Holdings Inc Com 552676108 6,762 143,572 SH   SOLE   140,854 0 2,718
Mackinac Financial Corp. Com 554571109 1,316 136,410 SH   SOLE   136,410 0 0
Marinemax Inc Com 567908108 1,138 44,340 SH   SOLE   44,340 0 0
Mastercraft Boat Holdings Inc Com 57637H103 1,201 68,680 SH   SOLE   68,680 0 0
Materion Corp Com 576690101 5,275 101,388 SH   SOLE   101,388 0 0
Maximus Inc Com 577933104 6,511 95,171 SH   SOLE   95,171 0 0
McGrath Rentcorp Com 580589109 11,194 187,849 SH   SOLE   186,049 0 1,800
Mercer Int'l Inc Com 588056101 1,830 277,279 SH   SOLE   277,279 0 0
Merit Medical Systems Inc Com 589889104 5,820 133,797 SH   SOLE   133,797 0 0
Methode Electronics Inc Com 591520200 2,481 87,040 SH   SOLE   87,040 0 0
Miller Industries Inc Com 600551204 5,538 181,153 SH   SOLE   181,153 0 0
Mitek Systems Inc Com 606710200 1,595 125,157 SH   SOLE   125,157 0 0
Moog Inc Com 615394202 6,329 99,622 SH   SOLE   98,622 0 1,000
Mueller Industries Inc Com 624756102 6,210 229,505 SH   SOLE   227,255 0 2,250
NBT Bancorp Inc Com 628778102 3,707 138,200 SH   SOLE   138,200 0 0
NI Holdings Inc Com 65342T106 1,800 106,560 SH   SOLE   106,560 0 0
National Instruments Corp Com 636518102 3,538 99,108 SH   SOLE   99,108 0 0
Northwest Pipe Company Com 667746101 2,133 80,610 SH   SOLE   80,610 0 0
Northwestern Corp Com 668074305 5,210 107,119 SH   SOLE   107,119 0 0
OSI Systems Inc Com 671044105 1,744 22,470 SH   SOLE   22,470 0 0
Oceanfirst Financial Corp Com 675234108 3,048 222,673 SH   SOLE   222,673 0 0
Onto Innovation Inc Com 683344105 6,588 221,216 SH   SOLE   221,216 0 0
Orasure Technologies Inc Com 68554V108 333 27,380 SH   SOLE   27,380 0 0
Orion Group Holdings Inc Com 68628V308 2,898 1,053,660 SH   SOLE   1,053,660 0 0
Oshkosh Corporation Com 688239201 5,582 75,941 SH   SOLE   74,831 0 1,110
PC Connection Inc Com 69318J100 4,007 97,580 SH   SOLE   97,580 0 0
Pacwest Bancorp Com 695263103 6,075 355,668 SH   SOLE   355,668 0 0
Photonics Inc Com 719405102 1,513 151,897 SH   SOLE   151,897 0 0
Pinnacle Financial Partners In Com 72346Q104 2,825 79,385 SH   SOLE   79,385 0 0
Plumas Bancorp Com 729273102 1,381 70,190 SH   SOLE   70,190 0 0
Primerica Inc Com 74164M108 6,806 60,152 SH   SOLE   60,152 0 0
QCR Holdings Inc Com 74727A104 1,397 50,970 SH   SOLE   50,970 0 0
Radiant Logistics Inc Com 75025X100 1,611 313,440 SH   SOLE   313,440 0 0
Sanderson Farms Inc Com 800013104 6,958 58,978 SH   SOLE   58,178 0 800
Seacoast Bank Corp of Florida Com 811707801 1,987 110,180 SH   SOLE   110,180 0 0
Seacor Holdings Inc Com 811904101 2,041 70,190 SH   SOLE   70,190 0 0
Shoe Carnival Inc Com 824889109 1,697 50,550 SH   SOLE   50,550 0 0
Shyft Group Inc Com 825698103 3,187 168,820 SH   SOLE   168,820 0 0
Sierra Bancorp Com 82620P102 1,329 79,146 SH   SOLE   79,146 0 0
Silgan Holdings Inc Com 827048109 4,188 113,910 SH   SOLE   111,460 0 2,450
Smartfinancial Inc Com 83190L208 1,359 100,002 SH   SOLE   100,002 0 0
Southwestern Energy Company Com 845467109 2,355 1,001,940 SH   SOLE   1,001,940 0 0
Stepan Co Com 858586100 4,780 43,853 SH   SOLE   43,853 0 0
Sterling Bancorp Com 85917A100 6,515 619,251 SH   SOLE   619,251 0 0
Sterling Construction Company Com 859241101 3,283 231,880 SH   SOLE   231,880 0 0
Stewart Information Services C Com 860372101 4,761 108,870 SH   SOLE   108,870 0 0
Stock Yard Bancorp Inc Com 861025104 4,226 124,138 SH   SOLE   124,138 0 0
Systemax Inc Com 871851101 2,397 100,130 SH   SOLE   100,130 0 0
Tapestry Inc Com 876030107 6,635 424,525 SH   SOLE   424,525 0 0
Textainer Group Holdings Ltd Com G8766E109 2,468 174,310 SH   SOLE   174,310 0 0
Trico Bancshares Com 896095106 2,880 117,604 SH   SOLE   117,604 0 0
Triton International Ltd Com G9078F107 6,155 151,331 SH   SOLE   151,331 0 0
Triumph Bancorp Inc Com 89679E300 1,639 52,640 SH   SOLE   52,640 0 0
UMH Properties Inc Com 903002103 5,534 408,730 SH   SOLE   403,110 0 5,620
Universal Technical Institute Com 913915104 1,132 222,840 SH   SOLE   222,840 0 0
Vectrus Inc Com 92242T101 1,328 34,950 SH   SOLE   34,950 0 0
Vishay Intertechnology Inc Com 928298108 2,574 165,318 SH   SOLE   160,288 0 5,030
Vista Outdoor Inc Com 928377100 3,337 165,363 SH   SOLE   165,363 0 0
WSFS Financial Corp Com 929328102 7,380 273,653 SH   SOLE   273,653 0 0
Washington Trust Bancorp Inc Com 940610108 1,125 36,700 SH   SOLE   36,700 0 0
Willdan Group Inc Com 96924N100 1,795 70,360 SH   SOLE   70,360 0 0
Williams Industrial Services G Com 96951A104 955 530,305 SH   SOLE   530,305 0 0
World Fuel Services Corp Com 981475106 4,132 194,988 SH   SOLE   194,988 0 0