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
ALLY FINL COM 02005N100 5,189 167,431 SH   SOLE   167,431 0 0
AMERIS BANCORP COM 03076K108 6,760 172,497 SH   SOLE   172,497 0 0
ARES CAP COM 04010L103 6,234 347,500 SH   SOLE   347,500 0 0
BANC OF CALIFORNIA COM 05990K106 47,522 3,401,719 SH   SOLE   3,401,719 0 0
BANK AMER COM 060505104 1,204 41,500 SH   SOLE   41,500 0 0
BANKFINANCIAL COM 06643P104 13,643 975,189 SH   SOLE   975,189 0 0
BAYCOM COM 07272M107 1,764 80,530 SH   SOLE   80,530 0 0
BCB BANCORP COM 055298103 2,108 152,216 SH   SOLE   152,216 0 0
CAPITAL ONE FINL COM 14040H105 7,060 77,800 SH   SOLE   77,800 0 0
CIT GROUP COM 125581801 5,254 100,000 SH   SOLE   100,000 0 0
CITIGROUP COM 172967424 11,910 170,068 SH   SOLE   170,068 0 0
CITIZENS FINL GROUP COM 174610105 6,754 191,000 SH   SOLE   191,000 0 0
COMERICA COM 200340107 4,140 57,000 SH   SOLE   57,000 0 0
ENTERPRISE FINL SVCS COM 293712105 24,654 592,646 SH   SOLE   592,646 0 0
FIRST BUS FINL SVCS WIS COM 319390100 2,026 86,205 SH   SOLE   86,205 0 0
FIRST FINL BANCORP OH COM 320209109 4,150 171,364 SH   SOLE   171,364 0 0
FIRST HORIZON NATL COM 320517105 3,886 260,300 SH   SOLE   260,300 0 0
FIRST INTERNET BANCORP COM 320557101 388 18,000 SH   SOLE   18,000 0 0
FIRST MERCHANTS COM 320817109 28,476 751,333 SH   SOLE   751,333 0 0
FNB PA COM 302520101 17,646 1,499,232 SH   SOLE   1,499,232 0 0
HAWTHORN BANCSHARES COM 420476103 6,627 247,294 SH   SOLE   247,294 0 0
HORIZON BANCORP COM 440407104 21,793 1,333,712 SH   SOLE   1,333,712 0 0
HUNT COS FIN TR COM 44558T100 2,835 831,338 SH   SOLE   831,338 0 0
INDEPENDENT BANK MICH COM 453838609 19,988 917,285 SH   SOLE   917,285 0 0
INVESTORS BANCORP COM 46146L101 2,297 206,000 SH   SOLE   206,000 0 0
JPMORGAN CHASE & CO COM 46625H100 2,236 20,000 SH   SOLE   20,000 0 0
KEYCORP COM 493267108 1,775 100,000 SH   SOLE   100,000 0 0
MAGYAR BANCORP COM 55977T109 6,532 539,833 SH   SOLE   539,833 0 0
MIDLAND STATES BANCORP INC COM 597742105 267 10,000 SH   SOLE   10,000 0 0
MUTUALFIRST FINL COM 62845B104 24,365 715,773 SH   SOLE   715,773 0 0
OLD POINT FINL COM 680194107 9,402 426,414 SH   SOLE   426,414 0 0
PEOPLES BANCORP COM 709789101 4,621 143,243 SH   SOLE   143,243 0 0
SB ONE BANCORP COM 78413T103 2,299 102,882 SH   SOLE   102,882 0 0
SOUTHERN NATL BANCORP OF VA IN COM 843395104 6,678 436,176 SH   SOLE   436,176 0 0
SPDR SERIES TRUST S&P REGL BKG S&P REGL BKG 78464A698 15,548 291,000 SH   SOLE   291,000 0 0
STERLING BANCORP DEL COM 85917A100 2,615 122,900 SH   SOLE   122,900 0 0
SYNCHRONY FINL COM 87165B103 9,063 271,400 SH   SOLE   271,400 0 0