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
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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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
APPLE INC COM 037833100   233,681 1,052 SH   SOLE   0 0 1,052
AMBAC FINL GROUP INC COM NEW 023139884   187,556 21,435 SH   SOLE   0 0 21,435
AMERIPRISE FINL INC COM 03076C106   1,258,686 2,600 SH   SOLE   2,500 0 100
AXOS FINANCIAL INC COM 05465C100   9,886,400 153,230 SH   SOLE   152,000 0 1,230
BANC OF CALIFORNIA INC COM 05990K106   4,602,172 324,325 SH   SOLE   320,600 0 3,725
BARCLAYS PLC ADR 06738E204   8,009,242 521,435 SH   SOLE   516,000 0 5,435
BUSINESS FIRST BANCSHARES IN COM 12326C105   1,042,277 42,804 SH   SOLE   41,019 0 1,785
BRIDGEWATER BANCSHARES INC COM 108621103   1,406,710 101,275 SH   SOLE   92,000 0 9,275
CHAIN BRIDGE BANCORP INC CL A 15746L100   4,815,450 202,500 SH   SOLE   200,800 0 1,700
CAPITAL BANCORP INC MD COM 139737100   2,519,245 88,925 SH   SOLE   88,375 0 550
CARLYLE GROUP INC COM 14316J108   7,067,465 162,135 SH   SOLE   158,000 0 4,135
CONNECTONE BANCORP INC COM 20786W107   5,122,700 210,724 SH   SOLE   205,809 0 4,915
COREBRIDGE FINL INC COM 21871X109   7,845,145 248,500 SH   SOLE   246,500 0 2,000
CUSTOMERS BANCORP INC COM 23204G100   8,956,433 178,415 SH   SOLE   176,965 0 1,450
CAESARS ENTERTAINMENT INC NE COM 12769G100   225,000 9,000 SH   SOLE   9,000 0 0
DIME CMNTY BANCSHARES INC COM 25432X102   2,605,057 93,438 SH   SOLE   92,563 0 875
DELL TECHNOLOGIES INC CL C 24703L202   364,600 4,000 SH   SOLE   4,000 0 0
ESQUIRE FINL HLDGS INC COM 29667J101   7,014,938 93,061 SH   SOLE   91,296 0 1,765
FIRST BUSINESS FINL SVCS INC COM 319390100   1,115,098 23,650 SH   SOLE   22,500 0 1,150
FIRST CTZNS BANCSHARES INC N CL A 31946M103   16,581,395 8,943 SH   SOLE   8,780 0 163
GENERATION INCOME PPTYS INC COM NEW 37149D204   326,720 204,200 SH   SOLE   204,200 0 0
GENWORTH FINL INC COM SHS 37247D106   465,636 65,675 SH   SOLE   39,000 0 26,675
GROUP 1 AUTOMOTIVE INC COM 398905109   236,045 618 SH   SOLE   0 0 618
GLOBAL PMTS INC COM 37940X102   8,492,112 86,725 SH   SOLE   85,000 0 1,725
U S GLOBAL INVS INC CL A 902952100   1,466,177 648,751 SH   SOLE   642,751 0 6,000
HOMESTREET INC COM 43785V102   2,219,142 189,024 SH   SOLE   188,174 0 850
ROBINHOOD MKTS INC COM CL A 770700102   24,172,896 580,800 SH   SOLE   577,500 0 3,300
ANYWHERE REAL ESTATE INC COM 75605Y106   8,518,306 2,558,050 SH   SOLE   2,432,000 0 126,050
HEWLETT PACKARD ENTERPRISE C COM 42824C109   509,190 33,000 SH   SOLE   33,000 0 0
INTERACTIVE BROKERS GROUP IN COM CL A 45841N107   1,689,018 10,200 SH   SOLE   10,200 0 0
FIRST INTERNET BANCORP COM 320557101   1,249,635 46,663 SH   SOLE   41,923 0 4,740
ISHARES TR RUS 2000 VAL ETF 464287630   440,107 2,915 SH   SOLE   0 0 2,915
JPMORGAN CHASE & CO. COM 46625H100   221,996 905 SH   SOLE   0 0 905
JACKSON FINANCIAL INC COM CL A 46817M107   9,521,597 113,650 SH   SOLE   112,600 0 1,050
KINGSTONE COS INC COM 496719105   5,315,746 319,264 SH   SOLE   314,164 0 5,100
KKR INCOME OPPORTUNITIES FD COM 48249T106   169,848 13,820 SH   SOLE   0 0 13,820
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107   714,330 1,339 SH   SOLE   0 0 1,339
META PLATFORMS INC CL A 30303M102   1,198,829 2,080 SH   SOLE   2,000 0 80
NAVIENT CORPORATION COM 63938C108   406,623 32,195 SH   SOLE   0 0 32,195
NORTHEAST BK PORTLAND ME COM 66405S100   6,722,057 73,433 SH   SOLE   71,000 0 2,433
OFG BANCORP COM 67103X102   8,101,249 202,430 SH   SOLE   200,255 0 2,175
ONEMAIN HLDGS INC COM 68268W103   4,416,357 90,351 SH   SOLE   87,800 0 2,551
OP BANCORP COM 67109R109   3,056,361 254,273 SH   SOLE   254,273 0 0
OLD SECOND BANCORP INC ILL COM 680277100   5,561,920 334,250 SH   SOLE   330,400 0 3,850
PIONEER BANCORP INC MD COM 723561106   478,892 40,896 SH   SOLE   40,896 0 0
INVESCO EXCHANGE TRADED FD T BUYBACK ACHIEV 46137V308   918,896 8,156 SH   SOLE   0 0 8,156
PRIMERICA INC COM 74164M108   224,779 790 SH   SOLE   0 0 790
PAYPAL HLDGS INC COM 70450Y103   7,172,606 109,925 SH   SOLE   104,200 0 5,725
INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT 46137V357   3,813,832 22,016 SH   SOLE   0 0 22,016
STIFEL FINL CORP COM 860630102   1,131,120 12,000 SH   SOLE   12,000 0 0
SLM CORP COM 78442P106   11,918,493 405,805 SH   SOLE   394,000 0 11,805
SOTHERLY HOTELS INC COM 83600C103   865,441 1,170,147 SH   SOLE   1,153,747 0 16,400
SUNCOKE ENERGY INC COM 86722A103   636,428 69,177 SH   SOLE   64,000 0 5,177
SYNCHRONY FINANCIAL COM 87165B103   667,044 12,600 SH   SOLE   12,600 0 0
TRUIST FINL CORP COM 89832Q109   2,386,700 58,000 SH   SOLE   58,000 0 0
UBS GROUP AG SHS H42097107   1,457,988 47,600 SH   SOLE   46,000 0 1,600
UBS GROUP AG CALL H42097907   948,850 2,711 SH Call SOLE   2,711 0 0
UMB FINL CORP COM 902788108   10,158,022 100,475 SH   SOLE   99,200 0 1,275
UNITY BANCORP INC COM 913290102   965,648 23,726 SH   SOLE   23,726 0 0
VISA INC COM CL A 92826C839   837,950 2,391 SH   SOLE   1,900 0 491
VICTORY CAP HLDGS INC COM CL A 92645B103   7,568,354 130,782 SH   SOLE   126,297 0 4,485
VIRTUS INVT PARTNERS INC COM 92828Q109   10,481,212 60,810 SH   SOLE   59,700 0 1,110
VANGUARD INDEX FDS TOTAL STK MKT 922908769   215,749 785 SH   SOLE   0 0 785
VIATRIS INC COM 92556V106   488,387 56,072 SH   SOLE   56,000 0 72
WESTERN ALLIANCE BANCORP COM 957638109   6,989,917 90,979 SH   SOLE   90,054 0 925
WEBSTER FINL CORP COM 947890109   3,835,320 74,400 SH   SOLE   74,400 0 0
WEX INC COM 96208T104   439,813 2,801 SH   SOLE   2,801 0 0
BLOCK INC CL A 852234103   1,705,962 31,400 SH   SOLE   31,400 0 0