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
MACATAWA BK CORP COM 554225102 11,718 1,178,880 SH   SOLE   1,178,880 0 0
ATLANTIC CAP BANCSHARES INC COM 048269203 15,724 881,897 SH   SOLE   881,897 0 0
CENTRAL VALLEY CMNTY BANCORP COM 155685100 13,986 715,417 SH   SOLE   715,417 0 0
UNITED SECURITY BANCSHARES C COM 911460103 7,575 714,633 SH   SOLE   714,633 0 0
UNITED CMNTY FINL CORP OHIO COM 909839102 6,613 707,319 SH   SOLE   707,319 0 0
OLD SECOND BANCORP INC ILL COM 680277100 7,184 570,626 SH   SOLE   570,626 0 0
FARMERS NATL BANC CORP COM 309627107 6,711 486,687 SH   SOLE   486,687 0 0
FIRST WESTN FINL INC COM 33751L105 6,110 466,083 SH   SOLE   466,083 0 0
FVCBANKCORP INC COM 36120Q101 6,589 389,678 SH   SOLE   389,678 0 0
CAPSTAR FINL HLDGS INC COM 14070T102 5,620 389,183 SH   SOLE   389,183 0 0
CORTLAND BANCORP COM 220587109 7,795 327,670 SH   SOLE   327,670 0 0
FIRST CMNTY CORP S C COM 319835104 5,984 313,782 SH   SOLE   313,782 0 0
LEGACY TEX FINL GROUP INC COM 52471Y106 11,660 311,835 SH   SOLE   311,835 0 0
ZIONS BANCORPORATION N A COM 989701107 13,573 298,896 SH   SOLE   298,896 0 0
PEOPLES BANCORP INC COM 709789101 9,111 294,173 SH   SOLE   294,173 0 0
ENTERPRISE FINL SVCS CORP COM 293712105 11,721 287,480 SH   SOLE   287,480 0 0
INDEPENDENT BK GROUP INC COM 45384B106 13,799 269,038 SH   SOLE   269,038 0 0
PINNACLE FINL PARTNERS INC COM 72346Q104 14,393 263,118 SH   SOLE   263,118 0 0
QCR HOLDINGS INC COM 74727A104 8,266 243,691 SH   SOLE   243,691 0 0
CENTRAL FED CORP COM NEW PAR 15346Q400 2,718 212,037 SH   SOLE   212,037 0 0
SELECT BANCORP INC NEW COM 81617L108 2,293 201,639 SH   SOLE   201,639 0 0
SOUTHERN FIRST BANCSHARES IN COM 842873101 5,670 167,392 SH   SOLE   167,392 0 0
BANNER CORP COM NEW 06652V208 8,888 164,083 SH   SOLE   164,083 0 0
PEAPACK-GLADSTONE FINL CORP COM 704699107 2,317 88,360 SH   SOLE   88,360 0 0
BANKWELL FINL GROUP INC COM 06654A103 2,457 84,202 SH   SOLE   84,202 0 0
OLD LINE BANCSHARES INC COM 67984M100 1,883 75,536 SH   SOLE   75,536 0 0
NATIONAL BK HLDGS CORP CL A 633707104 15,437 464,143 SH   SOLE   464,143 0 0
CITIZENS FINL GROUP INC COM 174610105 12,521 385,255 SH   SOLE   385,255 0 0
COMERICA INC COM 200340107 11,933 162,749 SH   SOLE   162,749 0 0