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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
1st Source Corp COM 336901103   1,052,250 25,000 SH   SOLE 0 25,000 0 0
Bancorp Inc COM 05969A105   6,131,891 177,736 SH   SOLE 0 177,736 0 0
Banner Corporation COM 06652V208   1,513,940 35,723 SH   SOLE 0 35,723 0 0
BancFirst Corp COM 05945F103   2,597,996 29,955 SH   SOLE 0 29,955 0 0
Bank Marin Bancorp COM 063425102   795,180 43,500 SH   SOLE 0 43,500 0 0
Bridgewater Bancshares Inc. COM 108621103   2,141,256 225,871 SH   SOLE 0 225,871 0 0
Coastal Financial Corp COM 19046P209   2,776,748 64,711 SH   SOLE 0 64,711 0 0
Crossfirst Bankshares COM 22766M109   756,750 75,000 SH   SOLE 0 75,000 0 0
ConnectOne Bancorp Inc COM 20786W107   1,684,935 94,500 SH   SOLE 0 94,500 0 0
Central Pac Finl Corporation COM 154760409   917,400 55,000 SH   SOLE 0 55,000 0 0
CommerceWest Bank COM 20084T103   2,866,217 97,127 SH   SOLE 0 97,127 0 0
Bridge Bancorp Inc COM 253922108   500,716 25,086 SH   SOLE 0 25,086 0 0
First Bus Finl Svcs Inc Wis COM 319390100   1,350,450 45,000 SH   SOLE 0 45,000 0 0
Farmers National Banc Corp COM 309627107   1,219,580 105,500 SH   SOLE 0 105,500 0 0
First Merchants Corp COM 320817109   2,316,015 83,250 SH   SOLE 0 83,250 0 0
German Amern Bancorp Inc COM 373865104   1,818,605 67,132 SH   SOLE 0 67,132 0 0
Huntington Bancshares COM 446150104   1,939,600 186,500 SH   SOLE 0 186,500 0 0
Heritage Commerce Corp COM 426927109   1,863,400 220,000 SH   SOLE 0 220,000 0 0
Hancock Whitney Corp COM 410120109   832,275 22,500 SH   SOLE 0 22,500 0 0
Lakeland Bancorp Inc N.J. COM 511637100   1,200,881 95,157 SH   SOLE 0 95,157 0 0
Lakeland Finl Corp COM 511656100   3,019,594 63,624 SH   SOLE 0 63,624 0 0
Merchants Bancorp Ind COM 58844R108   903,727 32,602 SH   SOLE 0 32,602 0 0
Mercantile Bank Corp COM 587376104   1,390,950 45,000 SH   SOLE 0 45,000 0 0
Northeast Community Bancorp Inc COM 664112109   1,389,609 94,147 SH   SOLE 0 94,147 0 0
Northrim Bancorp Inc COM 666762109   1,188,600 30,000 SH   SOLE 0 30,000 0 0
Meta Finl Group Inc COM 59100U108   2,759,868 59,880 SH   SOLE 0 59,880 0 0
Origin Bancorp COM 68621T102   4,040 140 SH   SOLE 0 140 0 0
Ocean First Financial COM 675234108   2,222,591 153,600 SH   SOLE 0 153,600 0 0
Pacific Premier Bancorp COM 69478X105   1,298,135 59,657 SH   SOLE 0 59,657 0 0
Regions Financial Corp COM 7591EP100   2,775,134 161,345 SH   SOLE 0 161,345 0 0
Sandy Spring Bancorp Inc COM 800363103   790,767 36,900 SH   SOLE 0 36,900 0 0
Seacost BKG Corporation COM 811707306   2,336,785 106,411 SH   SOLE 0 106,411 0 0
Stellar Bancorp COM 85856w105   623,610 29,250 SH   SOLE 0 29,250 0 0
Stock Yds Bancorp Inc COM 861025104   2,622,174 66,739 SH   SOLE 0 66,739 0 0
Triumph Bancorp Inc COM 89679e300   2,267,650 35,000 SH   SOLE 0 35,000 0 0
Third Coast Bancshares COM 88422P109   872,100 51,000 SH   SOLE 0 51,000 0 0
Trico Bancshares COM 896095106   2,089,957 65,250 SH   SOLE 0 65,250 0 0
TowneBank Portsmouth VA COM 89214P109   1,421,660 62,000 SH   SOLE 0 62,000 0 0
Unity Bancorp Inc COM 913290102   1,218,360 52,000 SH   SOLE 0 52,000 0 0
Versabank New COM 92512J106   2,075,495 264,226 SH   SOLE 0 264,226 0 0
Webster Fincl Corp COM 947890109   1,773,640 44,000 SH   SOLE 0 44,000 0 0
Wintrust Finacial Corp COM 97650W108   2,968,886 39,323 SH   SOLE 0 39,323 0 0
Zions Bancorporation COM 989701107   4,535 130 SH   SOLE 0 130 0 0