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
1ST UNITED BANCORP INC FLA COM 33740N105 17,485 2,302,318 SH   SOLE 0 2,302,318 0
BANCFIRST CORP COM 05945F103 17,323 309,016 SH   SOLE 0 309,016 0
BANCORPSOUTH INC COM 059692103 40,603 1,597,304 SH   SOLE 0 1,597,304 0
BANKUNITED INC COM 06652K103 39,963 1,213,946 SH   SOLE 0 1,213,946 0
BANNER CORP COM NEW 06652V208 38,285 854,197 SH   SOLE 0 854,197 0
CARDINAL FINL CORP COM 14149F109 36,368 2,021,582 SH   SOLE 0 2,021,582 0
CENTERSTATE BANKS INC COM 15201P109 23,081 2,274,000 SH   SOLE 0 2,274,000 0
COLUMBIA BKG SYS INC COM 197236102 41,261 1,500,942 SH   SOLE 0 1,500,942 0
COMERICA INC COM 200340107 40,572 853,422 SH   SOLE 0 853,422 0
DENBURY RES INC COM NEW 247916208 822 50,000 SH   SOLE 50,000 0 0
EAGLE BANCORP INC MD COM 268948106 32,622 1,065,022 SH   SOLE 0 1,065,022 0
FIDELITY NATIONAL FINANCIAL CL A 31620R105 353 10,890 SH   SOLE 10,890 0 0
FIDELITY SOUTHERN CORP NEW COM 316394105 12,831 772,501 SH   SOLE 0 772,501 0
FIRST CONN BANCORP INC MD COM 319850103 17,054 1,057,937 SH   SOLE 0 1,057,937 0
FIRST FINL HLDGS INC NEW COM 32023E105 50,963 766,251 SH   SOLE 0 766,251 0
FIRST SEC GROUP INC COM NEW 336312202 10,140 4,408,847 SH   SOLE 0 4,408,847 0
GENCORP INC COM 368682100 2,681 148,798 SH   SOLE 148,798 0 0
GENERAL MLS INC COM 370334104 1,290 25,844 SH   SOLE 25,844 0 0
GLACIER BANCORP INC NEW COM 37637Q105 25,272 848,348 SH   SOLE 0 848,348 0
HANCOCK HLDG CO COM 410120109 36,424 993,033 SH   SOLE 0 993,033 0
HERITAGE FINL CORP WASH COM 42722X106 19,215 1,123,682 SH   SOLE 0 1,123,682 0
HOME BANCSHARES INC COM 436893200 24,019 643,070 SH   SOLE 0 643,070 0
IBERIABANK CORP COM 450828108 42,214 671,659 SH   SOLE 0 671,659 0
ISHARES MSCI EAFE ETF 464287465 604 9,000 SH   SOLE 9,000 0 0
ISHARES SELECT DIVID ETF 464287168 892 12,500 SH   SOLE 12,500 0 0
JOHNSON & JOHNSON COM 478160104 1,910 20,850 SH   SOLE 20,850 0 0
LIBBEY INC COM 529898108 1,670 79,528 SH   SOLE 79,528 0 0
MACQUARIE INFRASTR CO LLC MEMBERSHIP INT 55608B105 4,462 81,983 SH   SOLE 81,983 0 0
MCDERMOTT INTL INC COM 580037109 1,053 114,970 SH   SOLE 114,970 0 0
MIDSOUTH BANCORP INC COM 598039105 8,353 467,688 SH   SOLE 0 467,688 0
NATIONAL BK HLDGS CORP CL A 633707104 2,444 114,200 SH   SOLE 0 114,200 0
OLD NATL BANCORP IND COM 680033107 41,504 2,700,301 SH   SOLE 0 2,700,301 0
PINNACLE FINL PARTNERS INC COM 72346Q104 10,700 328,922 SH   SOLE 0 328,922 0
PINNACLE FOODS INC DEL COM 72348P104 3,697 134,619 SH   SOLE 134,619 0 0
PLUM CREEK TIMBER CO INC COM 729251108 1,211 26,047 SH   SOLE 26,047 0 0
POWERSHARES ETF TRUST INTL DIV ACHV 73935X716 1,013 55,000 SH   SOLE 55,000 0 0
PROCTER & GAMBLE CO COM 742718109 1,918 23,565 SH   SOLE 23,565 0 0
REGIONS FINL CORP NEW COM 7591EP100 46,166 4,667,612 SH   SOLE 0 4,667,612 0
ROSE ROCK MIDSTREAM L P COM U REP LTD 777149105 1,679 43,381 SH   SOLE 43,381 0 0
SANDY SPRING BANCORP INC COM 800363103 47,650 1,690,303 SH   SOLE 0 1,690,303 0
STATE BK FINL CORP COM 856190103 14,288 785,834 SH   SOLE 0 785,834 0
STELLARONE CORP COM 85856G100 27,735 1,152,250 SH   SOLE 0 1,152,250 0
STERLING FINL CORP WASH COM NEW 859319303 32,166 943,846 SH   SOLE 0 943,846 0
SUNCOR ENERGY INC NEW COM 867224107 5,252 149,838 SH   SOLE 149,838 0 0
SUNTRUST BKS INC COM 867914103 43,356 1,177,834 SH   SOLE 0 1,177,834 0
SUSSER PETE PARTNERS LP COM U REP LP 869239103 3,349 101,176 SH   SOLE 101,176 0 0
TEAM INC COM 878155100 1,660 39,201 SH   SOLE 39,201 0 0
TORTOISE MLP FD INC COM 89148B101 328 12,000 SH   SOLE 12,000 0 0
TRISTATE CAP HLDGS INC COM 89678F100 8,604 725,490 SH   SOLE 0 725,490 0
TRONOX LTD SHS CL A Q9235V101 3,805 164,915 SH   SOLE 164,915 0 0
UMB FINL CORP COM 902788108 43,223 672,411 SH   SOLE 0 672,411 0
UNITED CMNTY BANCORP IND COM 90984R101 797 74,167 SH   SOLE 74,167 0 0
UNITED PARCEL SERVICE INC CL B 911312106 1,481 14,092 SH   SOLE 14,092 0 0
VANGUARD WORLD FDS INF TECH ETF 92204a702 215 2,400 SH   SOLE 2,400 0 0
WASHINGTON BKG CO OAK HBR WA COM 937303105 26,301 1,483,406 SH   SOLE 0 1,483,406 0
WASTE MGMT INC DEL COM 94106L109 1,706 38,030 SH   SOLE 38,030 0 0