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 2,416 167,431 SH   SOLE   167,431 0 0
AMERIS BANCORP COM 03076K108 4,455 187,497 SH   SOLE   187,497 0 0
BANC OF CALIFORNIA COM 05990K106 27,214 3,401,719 SH   SOLE   3,401,719 0 0
BANK AMER COM 060505104 8,591 975,189 SH   SOLE   975,189 0 0
BANKFINANCIAL COM 06643P104 970 80,530 SH   SOLE   80,530 0 0
BAYCOM COM 07272M107 881 41,500 SH   SOLE   41,500 0 0
CAPITAL ONE FINL COM 14040H105 3,923 77,800 SH   SOLE   77,800 0 0
CIT GROUP COM 125581801 3,122 180,900 SH   SOLE   180,900 0 0
CITIGROUP COM 172967424 5,268 125,068 SH   SOLE   125,068 0 0
CITIZENS FINL GROUP COM 174610105 7,139 379,553 SH   SOLE   379,553 0 0
COMERICA COM 200340107 4,460 152,000 SH   SOLE   152,000 0 0
COMMUNITY WEST BANCSHARES COM 204157101 376 61,772 SH   SOLE   61,772 0 0
ENTERPRISE FINL SVCS COM 293712105 16,541 592,646 SH   SOLE   592,646 0 0
EVANS BANCORP COM NEW 29911Q208 8,150 335,235 SH   SOLE   335,235 0 0
F N B COM 302520101 11,827 1,604,765 SH   SOLE   1,604,765 0 0
FIFTH THIRD BANCORP COM 316773100 1,547 104,199 SH   SOLE   104,199 0 0
FIRST FINL BANCORP OH COM 320209109 2,555 171,364 SH   SOLE   171,364 0 0
FIRST HORIZON NATL COM 320517105 1,961 243,300 SH   SOLE   243,300 0 0
FIRST INTERNET BANCORP COM 320557101 296 18,000 SH   SOLE   18,000 0 0
FIRST MERCHANTS COM 320817109 19,903 751,333 SH   SOLE   751,333 0 0
HAWTHORN BANCSHARES COM 420476103 4,997 272,294 SH   SOLE   272,294 0 0
HERITAGE COMMERCE COM 426927109 767 100,000 SH   SOLE   100,000 0 0
HORIZON BANCORP COM 440407104 13,150 1,333,712 SH   SOLE   1,333,712 0 0
HUNT COS FIN TR COM 44558T100 1,538 831,338 SH   SOLE   831,338 0 0
INDEPENDENT BANK MICH COM 453838609 4,633 359,985 SH   SOLE   359,985 0 0
KEYCORP COM 493267108 2,074 200,000 SH   SOLE   200,000 0 0
MAGYAR BANCORP COM 55977T109 4,858 539,833 SH   SOLE   539,833 0 0
MIDLAND STATES BANCORP INC COM 597742105 175 10,000 SH   SOLE   10,000 0 0
MUTUALFIRST FINL COM 62845B104 20,185 715,773 SH   SOLE   715,773 0 0
OLD POINT FINL COM 680194107 6,898 456,215 SH   SOLE   456,215 0 0
PROSHARES TR ULTRASHRT S&P500 ULTRASHRT S&P500 74347B383 1,035 34,000 SH   SOLE   34,000 0 0
SB ONE BANCORP COM 78413T103 1,749 102,882 SH   SOLE   102,882 0 0
SOUTHERN NATL BANCORP OF VA IN COM 843395104 4,292 436,176 SH   SOLE   436,176 0 0
SPDR SERIES TRUST S&P REGL BKG S&P REGL BKG 78464A698 9,484 291,000 SH   SOLE   291,000 0 0
STERLING BANCORP DEL COM 85917A100 1,284 122,900 SH   SOLE   122,900 0 0
SYNCHRONY FINL COM 87165B103 4,206 261,400 SH   SOLE   261,400 0 0