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		<nameOfIssuer>AMERISERV FINANC INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>03074A102</cusip>
		<value>61540</value>
		<shrsOrPrnAmt>
			<sshPrnamt>17000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>17000</Shared>
			<None>0</None>
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	<infoTable>
		<nameOfIssuer>AMERISERV FINANC INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>03074A102</cusip>
		<value>149144</value>
		<shrsOrPrnAmt>
			<sshPrnamt>41200</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>41200</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>ASTRONICS CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>046433108</cusip>
		<value>3195500</value>
		<shrsOrPrnAmt>
			<sshPrnamt>47887</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>47887</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>ASTRONICS CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>046433108</cusip>
		<value>1498289</value>
		<shrsOrPrnAmt>
			<sshPrnamt>22453</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>22453</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>CAMDEN NATIONAL CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>133034108</cusip>
		<value>1735152</value>
		<shrsOrPrnAmt>
			<sshPrnamt>36568</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>36568</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>CAMDEN NATIONAL CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>133034108</cusip>
		<value>2514850</value>
		<shrsOrPrnAmt>
			<sshPrnamt>53000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>53000</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>CENTRAL PLAINS BANCSHARES INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>15486W100</cusip>
		<value>497901</value>
		<shrsOrPrnAmt>
			<sshPrnamt>29100</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>29100</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>CENTRAL PLAINS BANCSHARES INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>15486W100</cusip>
		<value>342491</value>
		<shrsOrPrnAmt>
			<sshPrnamt>20017</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>20017</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CITIZENS &amp; NORTHERN CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>172922106</cusip>
		<value>366376</value>
		<shrsOrPrnAmt>
			<sshPrnamt>16400</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>16400</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>CITIZENS &amp; NORTHERN CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>172922106</cusip>
		<value>592010</value>
		<shrsOrPrnAmt>
			<sshPrnamt>26500</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>26500</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>CITIZENS FINL GROUP INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>174610105</cusip>
		<value>273223</value>
		<shrsOrPrnAmt>
			<sshPrnamt>4556</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
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			<Sole>0</Sole>
			<Shared>4556</Shared>
			<None>0</None>
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	<infoTable>
		<nameOfIssuer>CITIZENS FINL GROUP INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>174610105</cusip>
		<value>1015232</value>
		<shrsOrPrnAmt>
			<sshPrnamt>16929</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>16929</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>COLUMBIA FINANCIAL</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>197641103</cusip>
		<value>591733</value>
		<shrsOrPrnAmt>
			<sshPrnamt>33794</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>33794</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CONTANGO ORE INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>21077F100</cusip>
		<value>227981</value>
		<shrsOrPrnAmt>
			<sshPrnamt>12159</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>12159</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>CONTANGO ORE INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>21077F100</cusip>
		<value>890400</value>
		<shrsOrPrnAmt>
			<sshPrnamt>47488</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>47488</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CRAWFORD &amp; CO CL B</nameOfIssuer>
		<titleOfClass>CL B</titleOfClass>
		<cusip>224633107</cusip>
		<value>1025174</value>
		<shrsOrPrnAmt>
			<sshPrnamt>101102</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>101102</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>CRAWFORD &amp; CO CL B</nameOfIssuer>
		<titleOfClass>CL B</titleOfClass>
		<cusip>224633107</cusip>
		<value>1896951</value>
		<shrsOrPrnAmt>
			<sshPrnamt>187076</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>187076</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>DELUXE CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>248019101</cusip>
		<value>382806</value>
		<shrsOrPrnAmt>
			<sshPrnamt>13900</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>13900</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>DLH HOLDINGS CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>23335Q100</cusip>
		<value>2546849</value>
		<shrsOrPrnAmt>
			<sshPrnamt>437603</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>437603</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>DLH HOLDINGS CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>23335Q100</cusip>
		<value>3931026</value>
		<shrsOrPrnAmt>
			<sshPrnamt>675434</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>675434</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>DONEGAL GROUP INC</nameOfIssuer>
		<titleOfClass>CL B</titleOfClass>
		<cusip>257701300</cusip>
		<value>79605</value>
		<shrsOrPrnAmt>
			<sshPrnamt>4500</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>4500</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>DONEGAL GROUP INC</nameOfIssuer>
		<titleOfClass>CL B</titleOfClass>
		<cusip>257701300</cusip>
		<value>236268</value>
		<shrsOrPrnAmt>
			<sshPrnamt>13356</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>13356</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>DONEGAL GROUP INC</nameOfIssuer>
		<titleOfClass>CL A</titleOfClass>
		<cusip>257701201</cusip>
		<value>392993</value>
		<shrsOrPrnAmt>
			<sshPrnamt>22875</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>22875</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>DONEGAL GROUP INC</nameOfIssuer>
		<titleOfClass>CL A</titleOfClass>
		<cusip>257701201</cusip>
		<value>405706</value>
		<shrsOrPrnAmt>
			<sshPrnamt>23615</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>23615</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>ECB BANCORP INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>26828M106</cusip>
		<value>408329</value>
		<shrsOrPrnAmt>
			<sshPrnamt>24407</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>24407</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>ECB BANCORP INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>26828M106</cusip>
		<value>427167</value>
		<shrsOrPrnAmt>
			<sshPrnamt>25533</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>25533</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>EAGLE BANCORP MONT INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>26942G100</cusip>
		<value>80262</value>
		<shrsOrPrnAmt>
			<sshPrnamt>3900</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>3900</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>EAGLE BANCORP MONT INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>26942G100</cusip>
		<value>353935</value>
		<shrsOrPrnAmt>
			<sshPrnamt>17198</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>17198</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>EASTERN BANKSHARES INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>27627N105</cusip>
		<value>483367</value>
		<shrsOrPrnAmt>
			<sshPrnamt>24712</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>24712</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>EASTERN BANKSHARES INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>27627N105</cusip>
		<value>740620</value>
		<shrsOrPrnAmt>
			<sshPrnamt>37864</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>37864</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>EASTERN CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>276317104</cusip>
		<value>4001387</value>
		<shrsOrPrnAmt>
			<sshPrnamt>197697</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>197697</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>EASTERN CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>276317104</cusip>
		<value>7057789</value>
		<shrsOrPrnAmt>
			<sshPrnamt>348705</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>348705</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>ESCALADE INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>296056104</cusip>
		<value>3014949</value>
		<shrsOrPrnAmt>
			<sshPrnamt>175594</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>175594</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>ESCALADE INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>296056104</cusip>
		<value>6731104</value>
		<shrsOrPrnAmt>
			<sshPrnamt>392027</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>392027</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>FIRST BANK WILLIAMSTOWN NJ</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>31931U102</cusip>
		<value>64400</value>
		<shrsOrPrnAmt>
			<sshPrnamt>4025</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>4025</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>FIRST BANK WILLIAMSTOWN NJ</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>31931U102</cusip>
		<value>593888</value>
		<shrsOrPrnAmt>
			<sshPrnamt>37118</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>37118</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>FIRST COMMONWEALTH FINANCIAL</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>319829107</cusip>
		<value>97745</value>
		<shrsOrPrnAmt>
			<sshPrnamt>5560</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>5560</Shared>
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		<nameOfIssuer>FIRST COMMONWEALTH FINANCIAL</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>319829107</cusip>
		<value>351600</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>
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		<nameOfIssuer>FIRST MERCHANTS CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>320817109</cusip>
		<value>376456</value>
		<shrsOrPrnAmt>
			<sshPrnamt>9720</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>9720</Shared>
			<None>0</None>
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	<infoTable>
		<nameOfIssuer>FIRST MERCHANTS CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>320817109</cusip>
		<value>539974</value>
		<shrsOrPrnAmt>
			<sshPrnamt>13942</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>13942</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>FMC CORP</nameOfIssuer>
		<titleOfClass>COM NEW</titleOfClass>
		<cusip>302491303</cusip>
		<value>516600</value>
		<shrsOrPrnAmt>
			<sshPrnamt>30000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>30000</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>FMC CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>302491303</cusip>
		<value>309960</value>
		<shrsOrPrnAmt>
			<sshPrnamt>18000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>18000</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>FNB CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>302520101</cusip>
		<value>195457</value>
		<shrsOrPrnAmt>
			<sshPrnamt>11690</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>11690</Shared>
			<None>0</None>
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		<nameOfIssuer>FNB CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>302520101</cusip>
		<value>875877</value>
		<shrsOrPrnAmt>
			<sshPrnamt>52385</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>52385</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>FOSTER L B CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>350060109</cusip>
		<value>1062320</value>
		<shrsOrPrnAmt>
			<sshPrnamt>38076</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>38076</Shared>
			<None>0</None>
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		<nameOfIssuer>FOSTER L B CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>350060109</cusip>
		<value>1280303</value>
		<shrsOrPrnAmt>
			<sshPrnamt>45889</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>45889</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>FREIGHTCAR AMERICA INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>357023100</cusip>
		<value>871798</value>
		<shrsOrPrnAmt>
			<sshPrnamt>109385</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>109385</Shared>
			<None>0</None>
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	<infoTable>
		<nameOfIssuer>FREIGHTCAR AMERICA INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>357023100</cusip>
		<value>1846155</value>
		<shrsOrPrnAmt>
			<sshPrnamt>231638</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>231638</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>GREAT LAKES DREDGE &amp; DOCK CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>390607109</cusip>
		<value>3977388</value>
		<shrsOrPrnAmt>
			<sshPrnamt>233964</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>233964</Shared>
			<None>0</None>
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		<nameOfIssuer>GREAT LAKES DREDGE &amp; DOCK CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>390607109</cusip>
		<value>13527563</value>
		<shrsOrPrnAmt>
			<sshPrnamt>795739</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>795739</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>HORIZON BANCORP INDIANA</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>440407104</cusip>
		<value>116856</value>
		<shrsOrPrnAmt>
			<sshPrnamt>7052</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>7052</Shared>
			<None>0</None>
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		<nameOfIssuer>HORIZON BANCORP INDIANA</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>440407104</cusip>
		<value>463960</value>
		<shrsOrPrnAmt>
			<sshPrnamt>28000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>28000</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>INFUSYSTEM HLDGS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>45685K102</cusip>
		<value>3390502</value>
		<shrsOrPrnAmt>
			<sshPrnamt>367335</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>367335</Shared>
			<None>0</None>
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	<infoTable>
		<nameOfIssuer>INFUSYSTEM HLDGS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>45685K102</cusip>
		<value>7723387</value>
		<shrsOrPrnAmt>
			<sshPrnamt>836770</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>836770</Sole>
			<Shared>0</Shared>
			<None>0</None>
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		<nameOfIssuer>KELLY SERVICES INC</nameOfIssuer>
		<titleOfClass>CL A</titleOfClass>
		<cusip>488152208</cusip>
		<value>775685</value>
		<shrsOrPrnAmt>
			<sshPrnamt>87648</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>87648</Shared>
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		<nameOfIssuer>KELLY SERVICES INC</nameOfIssuer>
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		<cusip>488152208</cusip>
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		<shrsOrPrnAmt>
			<sshPrnamt>112148</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>112148</Sole>
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			<None>0</None>
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		<nameOfIssuer>KEWAUNEE SCIENTIFIC CP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>492854104</cusip>
		<value>1434302</value>
		<shrsOrPrnAmt>
			<sshPrnamt>41853</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>41853</Shared>
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	<infoTable>
		<nameOfIssuer>KEWAUNEE SCIENTIFIC CP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>492854104</cusip>
		<value>3250578</value>
		<shrsOrPrnAmt>
			<sshPrnamt>94852</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>94852</Sole>
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			<None>0</None>
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		<nameOfIssuer>LAKE SHORE BANCORP INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>510704109</cusip>
		<value>213871</value>
		<shrsOrPrnAmt>
			<sshPrnamt>14089</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>14089</Shared>
			<None>0</None>
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		<nameOfIssuer>LAKE SHORE BANCORP INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>510704109</cusip>
		<value>457981</value>
		<shrsOrPrnAmt>
			<sshPrnamt>30170</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>30170</Sole>
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			<None>0</None>
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		<nameOfIssuer>MARATHON BANCORP INC</nameOfIssuer>
		<titleOfClass>COM NEW</titleOfClass>
		<cusip>565759206</cusip>
		<value>740335</value>
		<shrsOrPrnAmt>
			<sshPrnamt>54718</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>54718</Sole>
			<Shared>0</Shared>
			<None>0</None>
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	<infoTable>
		<nameOfIssuer>MARATHON BANCORP INC</nameOfIssuer>
		<titleOfClass>COM NEW</titleOfClass>
		<cusip>565759206</cusip>
		<value>57611</value>
		<shrsOrPrnAmt>
			<sshPrnamt>4258</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
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			<Shared>4258</Shared>
			<None>0</None>
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		<nameOfIssuer>MID PENN BANCORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>59540G107</cusip>
		<value>423997</value>
		<shrsOrPrnAmt>
			<sshPrnamt>13184</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>13184</Shared>
			<None>0</None>
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	<infoTable>
		<nameOfIssuer>MID PENN BANCORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>59540G107</cusip>
		<value>1318335</value>
		<shrsOrPrnAmt>
			<sshPrnamt>40993</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>40993</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>NAVIGATOR HOLDINGS LTD</nameOfIssuer>
		<titleOfClass>SHS</titleOfClass>
		<cusip>Y62132108</cusip>
		<value>1357875</value>
		<shrsOrPrnAmt>
			<sshPrnamt>70247</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>70247</Shared>
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	<infoTable>
		<nameOfIssuer>NAVIGATOR HOLDINGS LTD</nameOfIssuer>
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		<cusip>Y62132108</cusip>
		<value>4367903</value>
		<shrsOrPrnAmt>
			<sshPrnamt>225965</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>225965</Sole>
			<Shared>0</Shared>
			<None>0</None>
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	<infoTable>
		<nameOfIssuer>NI HOLDINGS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>65342T106</cusip>
		<value>380255</value>
		<shrsOrPrnAmt>
			<sshPrnamt>29500</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>29500</Shared>
			<None>0</None>
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	<infoTable>
		<nameOfIssuer>NI HOLDINGS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>65342T106</cusip>
		<value>1294156</value>
		<shrsOrPrnAmt>
			<sshPrnamt>100400</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>100400</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>NORTHWEST BANCSHARES INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>667340103</cusip>
		<value>482220</value>
		<shrsOrPrnAmt>
			<sshPrnamt>38000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>38000</Sole>
			<Shared>0</Shared>
			<None>0</None>
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		<nameOfIssuer>NORWOOD FINANCIAL CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>669549107</cusip>
		<value>344626</value>
		<shrsOrPrnAmt>
			<sshPrnamt>11714</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>11714</Shared>
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	<infoTable>
		<nameOfIssuer>NORWOOD FINANCIAL CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>669549107</cusip>
		<value>496198</value>
		<shrsOrPrnAmt>
			<sshPrnamt>16866</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>16866</Sole>
			<Shared>0</Shared>
			<None>0</None>
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		<nameOfIssuer>PATHFINDER BANCORP INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>70319R109</cusip>
		<value>655379</value>
		<shrsOrPrnAmt>
			<sshPrnamt>51362</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>51362</Shared>
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	<infoTable>
		<nameOfIssuer>PATHFINDER BANCORP INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>70319R109</cusip>
		<value>2690344</value>
		<shrsOrPrnAmt>
			<sshPrnamt>210842</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>210842</Sole>
			<Shared>0</Shared>
			<None>0</None>
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	<infoTable>
		<nameOfIssuer>PROASSURANCE CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>74267C106</cusip>
		<value>210960</value>
		<shrsOrPrnAmt>
			<sshPrnamt>8534</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>8534</Shared>
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	<infoTable>
		<nameOfIssuer>PROASSURANCE CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
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			<Sole>30224</Sole>
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		<investmentDiscretion>OTR</investmentDiscretion>
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			<Shared>555438</Shared>
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		<nameOfIssuer>SCRIPPS E W CO OHIO</nameOfIssuer>
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		<value>3612313</value>
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			<sshPrnamt>971052</sshPrnamt>
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			<Sole>971052</Sole>
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		<nameOfIssuer>SIFCO INDUSTRIES INC</nameOfIssuer>
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		<nameOfIssuer>THRYV HOLDINGS IINC</nameOfIssuer>
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		<nameOfIssuer>UNISYS CORP</nameOfIssuer>
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		<nameOfIssuer>UTAH MEDICAL PRODUCTS INC</nameOfIssuer>
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		<investmentDiscretion>SOLE</investmentDiscretion>
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			<Shared>562395</Shared>
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		<investmentDiscretion>SOLE</investmentDiscretion>
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