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

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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
AUBURN NATL BANCORP COM 050473107   869,929 37,034 SH   SOLE   37,034 0 0
BANK MARIN BANCORP COM 063425102   1,217,024 51,200 SH   SOLE   51,200 0 0
BANK OF THE JAMES FINL GP IN COM 470299108   2,555,800 161,046 SH   SOLE   161,046 0 0
BANK OZK LITTLE ROCK ARK COM 06417N103   512,095 11,500 SH   SOLE   11,500 0 0
BANKWELL FINL GROUP INC COM 06654A103   3,288,973 105,585 SH   SOLE   105,585 0 0
BERKSHIRE HILLS BANCORP INC COM 084680107   4,411,512 155,171 SH   SOLE   155,171 0 0
BRIDGEWATER BANCSHARES INC COM 108621103   2,856,122 211,408 SH   SOLE   211,408 0 0
BURKE HERBERT FINL SVCS CORP COM 12135Y108   28,344,241 454,526 SH   SOLE   454,526 0 0
BV FINL INC COM NEW 05603E208   10,200,611 592,370 SH   SOLE   592,370 0 0
CALIFORNIA BANCORP COM 84252A106   49,787,633 3,010,135 SH   SOLE   3,010,135 0 0
CAPITAL BANCORP INC MD COM 139737100   3,510,573 123,178 SH   SOLE   123,178 0 0
CARTER BANKSHARES INC COM NEW 146103106   9,692,319 551,013 SH   SOLE   551,013 0 0
CHEMUNG FINL CORP COM 164024101   7,743,804 158,652 SH   SOLE   158,652 0 0
CHOICEONE FINL SVCS INC COM 170386106   16,968,311 476,103 SH   SOLE   476,103 0 0
CITIZENS CMNTY BANCORP INC M COM 174903104   4,296,357 263,742 SH   SOLE   263,742 0 0
COLONY BANKCORP INC COM 19623P101   24,136,224 1,495,429 SH   SOLE   1,495,429 0 0
COLUMBIA BKG SYS INC COM 197236102   1,000,315 37,035 SH   SOLE   37,035 0 0
COMMUNITY WEST BANCSHARES NE COM 203937107   33,794,161 1,744,665 SH   SOLE   1,744,665 0 0
CONNECTONE BANCORP INC COM 20786W107   1,321,907 57,700 SH   SOLE   57,700 0 0
EAGLE BANCORP INC MD COM 268948106   33,231,278 1,276,653 SH   SOLE   1,276,653 0 0
EAGLE BANCORP MONT INC COM 26942G100   6,917,463 451,237 SH   SOLE   451,237 0 0
FB BANCORP INC COM 31425A109   3,501,560 293,755 SH   SOLE   293,755 0 0
FIFTH DIST BANCORP INC COM 316926104   1,259,653 99,814 SH   SOLE   99,814 0 0
FINANCIAL INSTNS INC COM 317585404   8,685,152 318,254 SH   SOLE   318,254 0 0
FINWARD BANCORP COM 31812F109   3,529,632 125,565 SH   SOLE   125,565 0 0
FIRST BK WILLIAMSTOWN NEW JE COM 31931U102   479,787 34,100 SH   SOLE   34,100 0 0
FIRST BUSINESS FINL SVCS INC COM 319390100   1,399,763 30,239 SH   SOLE   30,239 0 0
FIRST CAP INC COM 31942S104   1,823,609 56,546 SH   SOLE   56,546 0 0
FIRST CMNTY CORP S C COM 319835104   7,833,432 326,393 SH   SOLE   326,393 0 0
FIRST FNDTN INC COM 32026V104   1,168,380 188,145 SH   SOLE   188,145 0 0
FIRST GTY BANCSHARES INC COM 32043P106   191,893 16,892 SH   SOLE   16,892 0 0
FIRST NATL CORP COM 32106V107   20,630,559 896,591 SH   SOLE   896,591 0 0
FIRST NORTHWEST BANCORP COM 335834107   9,470,731 928,503 SH   SOLE   928,503 0 0
FIRST UTD CORP COM 33741H107   9,397,943 278,788 SH   SOLE   278,788 0 0
FIRST WESTN FINL INC COM 33751L105   488,203 24,972 SH   SOLE   24,972 0 0
FLUSHING FINL CORP COM 343873105   499,800 35,000 SH   SOLE   35,000 0 0
FRANKLIN FINL SVCS CORP COM 353525108   13,194,810 441,298 SH   SOLE   441,298 0 0
FVCBANKCORP INC COM 36120Q101   1,265,824 100,702 SH   SOLE   100,702 0 0
HOMESTREET INC COM 43785V102   2,032,760 178,000 SH   SOLE   178,000 0 0
KEARNY FINL CORP MD COM 48716P108   2,672,211 377,431 SH   SOLE   377,431 0 0
LANDMARK BANCORP INC COM 51504L107   465,722 19,397 SH   SOLE   19,397 0 0
LINKBANCORP INC COM 53578P105   938,927 125,525 SH   SOLE   125,525 0 0
MAINSTREET BANCSHARES INC COM 56064Y100   1,520,129 83,985 SH   SOLE   83,985 0 0
MERIDIAN CORPORATION COM 58958P104   15,224,091 1,110,437 SH   SOLE   1,110,437 0 0
METROPOLITAN BK HLDG CORP COM 591774104   916,997 15,702 SH   SOLE   15,702 0 0
MVB FINL CORP COM 553810102   342,647 16,553 SH   SOLE   16,553 0 0
OHIO VY BANC CORP COM 677719106   1,213,696 50,132 SH   SOLE   50,132 0 0
OLD POINT FINL CORP COM 680194107   8,980,797 344,620 SH   SOLE   344,620 0 0
OPTIMUMBANK HLDGS INC COM 68401P403   120,433 25,301 SH   SOLE   25,301 0 0
ORRSTOWN FINL SVCS INC COM 687380105   56,085,605 1,531,975 SH   SOLE   1,531,975 0 0
PARKE BANCORP INC COM 700885106   554,939 27,057 SH   SOLE   27,057 0 0
PATHFINDER BANCORP INC MD COM 70319R109   1,545,250 88,300 SH   SOLE   88,300 0 0
PEOPLES BANCORP N C INC COM 710577107   1,913,844 61,243 SH   SOLE   61,243 0 0
PONCE FINANCIAL GROUP INC COMMON STOCK 732344106   883,779 67,983 SH   SOLE   67,983 0 0
PREMIER FINANCIAL CORP COM 74052F108   994,903 38,909 SH   SOLE   38,909 0 0
PRIMIS FINANCIAL CORP COM 74167B109   10,470,843 898,014 SH   SOLE   898,014 0 0
PROVIDENT BANCORP INC COM NEW 74383L105   498,020 43,686 SH   SOLE   43,686 0 0
PROVIDENT FINL HLDGS INC COM 743868101   1,433,173 90,080 SH   SOLE   90,080 0 0
RIVERVIEW BANCORP INC COM 769397100   9,461,690 1,654,141 SH   SOLE   1,654,141 0 0
SHORE BANCSHARES INC COM 825107105   47,056,922 2,968,891 SH   SOLE   2,968,891 0 0
SOUTHERN STS BANCSHARES INC COM 843878307   348,956 10,476 SH   SOLE   10,476 0 0
SR BANCORP INC COM 85227J106   706,072 59,284 SH   SOLE   59,284 0 0
TRUIST FINL CORP COM 89832Q109   520,560 12,000 SH   SOLE   12,000 0 0
UNITED SEC BANCSHARES CALIF COM 911460103   3,206,026 321,245 SH   SOLE   321,245 0 0
VALLEY NATL BANCORP COM 919794107   997,506 110,100 SH   SOLE   110,100 0 0
WATERSTONE FINL INC MD COM 94188P101   504,148 37,511 SH   SOLE   37,511 0 0
WEBSTER FINL CORP COM 947890109   596,376 10,800 SH   SOLE   10,800 0 0
WESTERN NEW ENG BANCORP INC COM 958892101   8,379,250 910,788 SH   SOLE   910,788 0 0