0000899140-23-000943.txt : 20230908 0000899140-23-000943.hdr.sgml : 20230908 20230908164900 ACCESSION NUMBER: 0000899140-23-000943 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20230906 FILED AS OF DATE: 20230908 DATE AS OF CHANGE: 20230908 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: LINDENBAUM BENNETT D CENTRAL INDEX KEY: 0000927942 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35477 FILM NUMBER: 231245866 MAIL ADDRESS: STREET 1: 645 MADISON AVENUE STREET 2: 10TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: LINDENBAUM MATTHEW A CENTRAL INDEX KEY: 0000927943 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35477 FILM NUMBER: 231245867 MAIL ADDRESS: STREET 1: 645 MADISON AVENUE STREET 2: 10TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BASSWOOD CAPITAL MANAGEMENT, L.L.C. CENTRAL INDEX KEY: 0001085393 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35477 FILM NUMBER: 231245868 BUSINESS ADDRESS: STREET 1: 645 MADISON AVENUE STREET 2: 10TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-521-9500 MAIL ADDRESS: STREET 1: 645 MADISON AVENUE STREET 2: 10TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 FORMER NAME: FORMER CONFORMED NAME: Basswood Capital Management LLC DATE OF NAME CHANGE: 20130814 FORMER NAME: FORMER CONFORMED NAME: BASSWOOD CAPITAL MANAGEMENT LLC DATE OF NAME CHANGE: 19990428 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BASSWOOD OPPORTUNITY PARTNERS, L.P. CENTRAL INDEX KEY: 0001085394 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35477 FILM NUMBER: 231245864 BUSINESS ADDRESS: STREET 1: 645 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2125219500 MAIL ADDRESS: STREET 1: BASSWOOD CAPITAL MANAGEMENT LLC STREET 2: 645 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 FORMER NAME: FORMER CONFORMED NAME: BASSWOOD FINANCIAL PARTNERS LP DATE OF NAME CHANGE: 19990428 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BASSWOOD FINANCIAL LONG ONLY FUND, L.P. CENTRAL INDEX KEY: 0001538637 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35477 FILM NUMBER: 231245861 BUSINESS ADDRESS: STREET 1: 645 MADISON AVENUE, 10TH FL. CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-521-9500 MAIL ADDRESS: STREET 1: 645 MADISON AVENUE, 10TH FL. CITY: NEW YORK STATE: NY ZIP: 10022 FORMER NAME: FORMER CONFORMED NAME: BASSWOOD FINANCIAL ENHANCED FUND, L.P. DATE OF NAME CHANGE: 20120104 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BASSWOOD PARTNERS, L.L.C. CENTRAL INDEX KEY: 0001269758 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35477 FILM NUMBER: 231245865 BUSINESS ADDRESS: STREET 1: 645 MADISON AVENUE STREET 2: 10TH FL CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-521-9500 MAIL ADDRESS: STREET 1: 645 MADISON AVENUE STREET 2: 10TH FL CITY: NEW YORK STATE: NY ZIP: 10022 FORMER NAME: FORMER CONFORMED NAME: BASSWOOD PARTNERS LLC DATE OF NAME CHANGE: 20031110 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BASSWOOD OPPORTUNITY FUND INC CENTRAL INDEX KEY: 0001269757 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35477 FILM NUMBER: 231245863 BUSINESS ADDRESS: STREET 1: 645 MADISON AVE STREET 2: 10TH FL CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 212-521-9500 MAIL ADDRESS: STREET 1: 645 MADISON AVE STREET 2: 10TH FL CITY: NEW YORK STATE: NY ZIP: 10017 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BASSWOOD FINANCIAL FUND, L.P. CENTRAL INDEX KEY: 0001519641 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35477 FILM NUMBER: 231245862 BUSINESS ADDRESS: STREET 1: 645 MADISON AVENUE STREET 2: 10TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-521-9500 MAIL ADDRESS: STREET 1: 645 MADISON AVENUE STREET 2: 10TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Regional Management Corp. CENTRAL INDEX KEY: 0001519401 STANDARD INDUSTRIAL CLASSIFICATION: PERSONAL CREDIT INSTITUTIONS [6141] IRS NUMBER: 570847115 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 979 BATESVILLE ROAD STREET 2: SUITE B CITY: GREER STATE: SC ZIP: 29651 BUSINESS PHONE: 864-448-7000 MAIL ADDRESS: STREET 1: 979 BATESVILLE ROAD STREET 2: SUITE B CITY: GREER STATE: SC ZIP: 29651 4 1 form4.xml X0508 4 2023-09-06 0001519401 Regional Management Corp. RM 0001085393 BASSWOOD CAPITAL MANAGEMENT, L.L.C. 645 MADISON AVENUE 10TH FLOOR NEW YORK NY 10022 true true true Director-by-Deputization 0000927943 LINDENBAUM MATTHEW A C/O BASSWOOD CAPITAL MANAGEMENT, L.L.C. 645 MADISON AVENUE, 10TH FLOOR NEW YORK NY 10022 true true true Director-by-Deputization 0000927942 LINDENBAUM BENNETT D C/O BASSWOOD CAPITAL MANAGEMENT, L.L.C. 645 MADISON AVENUE, 10TH FLOOR NEW YORK NY 10022 true true true Director-by-Deputization 0001269758 BASSWOOD PARTNERS, L.L.C. C/O BASSWOOD CAPITAL MANAGEMENT, L.L.C. 645 MADISON AVENUE, 10TH FLOOR NEW YORK NY 10022 true true true Director-by-Deputization 0001085394 BASSWOOD OPPORTUNITY PARTNERS, L.P. C/O BASSWOOD CAPITAL MANAGEMENT, L.L.C. 645 MADISON AVENUE, 10TH FLOOR NEW YORK NY 10022 true true true Director-by-Deputization 0001269757 BASSWOOD OPPORTUNITY FUND INC C/O BASSWOOD CAPITAL MANAGEMENT, L.L.C. 645 MADISON AVENUE, 10TH FLOOR NEW YORK NY 10017 true true true Director-by-Deputization 0001519641 BASSWOOD FINANCIAL FUND, L.P. C/O BASSWOOD CAPITAL MANAGEMENT, L.L.C. 645 MADISON AVENUE, 10TH FLOOR NEW YORK NY 10022 true true true Director-by-Deputization 0001538637 BASSWOOD FINANCIAL LONG ONLY FUND, L.P. C/O BASSWOOD CAPITAL MANAGEMENT, L.L.C. 645 MADISON AVENUE, 10TH FL. NEW YORK NY 10022 true true true Director-by-Deputization false Common Stock, par value $0.10 per share ("Common Stock") 2023-09-06 4 P 0 18840 27.04 A 530881 I See Footnotes Common Stock 2023-09-06 4 S 0 31516 26.98 D 499365 I See Footnotes Common Stock 2023-09-06 4 P 0 170 27.04 A 33246 I See Footnotes Common Stock 2023-09-06 4 S 0 4135 26.98 D 29111 I See Footnotes Common Stock 2023-09-06 4 P 0 11746 27.04 A 258440 I See Footnotes Common Stock 2023-09-06 4 P 0 239 27.04 A 5318 I See Footnotes Common Stock 2023-09-06 4 P 0 4656 27.04 A 103615 I See Footnotes Common Stock 22539 I See Footnotes See Exhibit 99.1 See Exhibit 99.1 See Exhibit 99.1 See Exhibit 99.1 See Exhibit 99.1 See Exhibit 99.1 See Exhibit 99.1 Exhibit List: ------------- Exhibit 99.1 - Explanation of Responses Exhibit 99.2 - Joint Filer Information Exhibit 99.3 - Joint Filers' Signatures BASSWOOD CAPITAL MANAGEMENT, L.L.C.; /s/ Matthew Lindenbaum 2023-09-08 EX-99.1 2 b090823a.htm EXHIBIT 99.1
Designated Filer:
Basswood Capital Management, L.L.C.
Issuer & Ticker Symbol:
Regional Management Corp. [RM]
Date of Event Requiring Statement:
September 6, 2023

Explanation of Responses:
1.
This Form 4 is filed on behalf of Matthew Lindenbaum, Bennett Lindenbaum, Basswood Capital Management, L.L.C. (“BCM”), Basswood Partners, L.L.C. (“Partners”), Basswood Opportunity Partners, LP (“BOP”), Basswood Opportunity Fund, Inc. (“BOF”), Basswood Financial Fund, LP (“BFF”) and Basswood Financial Long Only Fund, LP (“BFLOF”) (collectively, the “Reporting Persons”). BCM is the investment manager or adviser to BOP, BFF, BFLOF and BOF (collectively, the “Funds”) and certain separate managed accounts managed by BCM (the “Managed Accounts”) and may be deemed to have a pecuniary interest in the Common Stock directly held by the Funds and held in the Managed Accounts. Partners is the general partner of BFF, BOP and BFLOF, and may be deemed to have a pecuniary interest in the Common Stock held directly by BFF, BOP and BFLOF. Matthew Lindenbaum and Bennett Lindenbaum are the managing members of BCM and may be deemed to have a pecuniary interest in the Common Stock directly held by the Funds and held in the Managed Accounts.  In accordance with Instruction 4(b)(iv), the entire amount of Common Stock held by the Funds or Managed Accounts are reported herein. Each Reporting Person disclaims beneficial ownership of all shares of Common Stock that are beneficially owned by the Funds or Managed Accounts, except to the extent of any direct or indirect pecuniary interest therein. The inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of any securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise.

Jonathan D. Brown, a senior analyst at BCM, serves on the board of directors of the Issuer as a representative of the Reporting Persons.  As a result, each of the Reporting Persons is a “director-by-deputization” solely for purposes of Section 16 of the Exchange Act.  By reason of the provisions of Rule 16a-1 of the Exchange Act, each of the Reporting Persons may be deemed to be a beneficial owner of the shares of Common Stock issued to Jonathan D. Brown. Each Reporting Person disclaims beneficial ownership of all shares of Common Stock that are beneficially owned by Jonathan D. Brown.
2.
Common Stock held directly by certain of the Managed Accounts.
3.
Common Stock held directly by BFLOF.
4.
Common Stock held directly by BOP.
5.
Common Stock held directly by BOF.
6.
Common Stock held directly by BFF.
7.
Common Stock held directly by Jonathan D. Brown.



EX-99.2 3 b090823b.htm EXHIBIT 99.2
Designated Filer:
Basswood Capital Management, L.L.C.
Issuer & Ticker Symbol:
Regional Management Corp. [RM]
Date of Event Requiring Statement:
September 6, 2023

Exhibit 99.2 - Joint Filer Information
Joint Filers:

1. Name:
Matthew Lindenbaum
 
Address: c/o Basswood Capital Management, LLC
 
645 Madison Avenue, 10th Floor
 
New York, NY 10022
   
2. Name:
Bennett Lindenbaum
 
Address: c/o Basswood Capital Management, LLC
 
645 Madison Avenue, 10th Floor
 
New York, NY 10022
   
3. Name:
Basswood Capital Management, L.L.C.
 
Address: c/o Basswood Capital Management, LLC
 
645 Madison Avenue, 10th Floor
 
New York, NY 10022
   
4. Name:
Basswood Partners, L.L.C.
 
Address: c/o Basswood Capital Management, LLC
 
645 Madison Avenue, 10th Floor
 
New York, NY 10022

5. Name:
Basswood Opportunity Partners, LP
 
Address: c/o Basswood Capital Management, LLC
 
645 Madison Avenue, 10th Floor
 
New York, NY 10022

6. Name:
Basswood Opportunity Fund, Inc.
 
Address: c/o Basswood Capital Management, LLC
 
645 Madison Avenue, 10th Floor
 
New York, NY 10022

7. Name:
Basswood Financial Fund, LP
 
Address: c/o Basswood Capital Management, LLC
 
645 Madison Avenue, 10th Floor
 
New York, NY 10022
   
8. Name:
Basswood Financial Long Only Fund, LP
 
Address: c/o Basswood Capital Management, LLC
 
645 Madison Avenue, 10th Floor
 
New York, NY 10022
EX-99.3 4 b090823c.htm EXHIBIT 99.3

Designated Filer:
Basswood Capital Management, L.L.C.
Issuer & Ticker Symbol:
Regional Management Corp. [RM]
Date of Event Requiring Statement:
September 6, 2023

Joint Filers’ Signatures

  /s/ Matthew Lindenbaum
 
Matthew Lindenbaum
     
     
  /s/ Bennett Lindenbaum
 
Bennett Lindenbaum
     
     
     
 
Basswood Capital Management, L.L.C.
 
By:
 /s/ Matthew Lindenbaum
   
Name: Matthew Lindenbaum
   
Title: Managing Member
     
     


 
Basswood Partners, L.L.C.
   
 
By:
/s/ Matthew Lindenbaum
   
Name: Matthew Lindenbaum
   
Title: Managing Member


 
Basswood Opportunity Partners, LP
   
 
By: Basswood Capital Management, L.L.C.
   
 
By:
/s/ Matthew Lindenbaum
   
Name: Matthew Lindenbaum
   
Title: Managing Member


 
Basswood Opportunity Fund, LP
   
 
By: Basswood Capital Management, L.L.C.
   
 
By:
/s/ Matthew Lindenbaum
   
Name: Matthew Lindenbaum
   
Title: Managing Member


 
Basswood Financial Fund, LP
   
 
By: Basswood Capital Management, L.L.C.
   
 
By:
/s/ Matthew Lindenbaum
   
Name: Matthew Lindenbaum
   
Title: Managing Member


 
Basswood Financial Long Only Fund, LP
   
 
By: Basswood Capital Management, L.L.C.
   
 
By:
/s/ Matthew Lindenbaum
   
Name: Matthew Lindenbaum
   
Title: Managing Member