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
ALLEGIANCE BANCSHARES INC COM 01748H107 5,955 155,472 SH   SOLE NONE 155,472 0 0
BANK OF MARIN BANCORP COM 063425102 411 6,675 SH   SOLE NONE 6,675 0 0
BANKUNITED INC COM 06652K103 12,424 368,560 SH   SOLE NONE 368,560 0 0
BANNER CORP COM NEW 06652V208 1,764 31,222 SH   SOLE NONE 31,222 0 0
BRYN MAWR BK CORP COM 117665109 234 5,516 SH   SOLE NONE 5,516 0 0
BSB BANCORP INC MD COM 05573H108 1,108 37,867 SH   SOLE NONE 37,867 0 0
BYLINE BANCORP INC COM 124411109 4,050 202,000 SH   SOLE NONE 202,000 0 0
CAMDEN NATL CORP COM 133034108 4,153 96,779 SH   SOLE NONE 96,779 0 0
CAPSTAR FINL HLDGS INC COM 14070T102 569 32,053 SH   SOLE NONE 32,053 0 0
CONNECTONE BANCORP INC NEW COM 20786W107 16,609 736,538 SH   SOLE NONE 736,538 0 0
ENTERPRISE FINL SVCS CORP COM 293712105 1,296 31,762 SH   SOLE NONE 31,762 0 0
EQUITY BANCSHARES INC COM CL A 29460X109 13,475 439,784 SH   SOLE NONE 439,784 0 0
FIRST BANCSHARES INC MS COM 318916103 4,989 180,775 SH   SOLE NONE 180,775 0 0
FIRST MIDWEST BANCORP DEL COM 320867104 16,682 715,658 SH   SOLE NONE 715,658 0 0
GUARANTY BANCSHARES INC TEX COM 400764106 2,971 93,004 SH   SOLE NONE 93,004 0 0
HOWARD BANCORP INC COM 442496105 6,090 316,371 SH   SOLE NONE 316,371 0 0
INVESTAR HLDG CORP COM 46134L105 3,450 150,648 SH   SOLE NONE 150,648 0 0
JPMORGAN CHASE & CO COM 46625H100 229 2,508 SH   SOLE NONE 2,508 0 0
MIDLAND STS BANCORP INC ILL COM 597742105 13,576 405,013 SH   SOLE NONE 405,013 0 0
NEW YORK CMNTY BANCORP INC COM 649445103 5,117 389,748 SH   SOLE NONE 389,748 0 0
OLD LINE BANCSHARES INC COM 67984M100 10,297 365,392 SH   SOLE NONE 365,392 0 0
OPUS BK IRVINE CALIF COM 684000102 12,816 529,587 SH   SOLE NONE 529,587 0 0
ORRSTOWN FINL SVCS INC COM 687380105 4,701 205,731 SH   SOLE NONE 205,731 0 0
PACIFIC MERCANTILE BANCORP COM 694552100 17,397 1,976,954 SH   SOLE NONE 1,976,954 0 0
PACWEST BANCORP DEL COM 695263103 299 6,400 SH   SOLE NONE 6,400 0 0
PARAGON COML CORP COM NEW 69911U403 3,856 73,499 SH   SOLE NONE 73,499 0 0
PNC FINL SVCS GROUP INC COM 693475105 592 4,742 SH   SOLE NONE 4,742 0 0
QCR HOLDINGS INC COM 74727A104 1,789 37,741 SH   SOLE NONE 37,741 0 0
SIGNATURE BK NEW YORK N Y COM 82669G104 10,151 70,725 SH   SOLE NONE 70,725 0 0
SOUTHWEST BANCORP INC OKLA COM 844767103 20,841 815,704 SH   SOLE NONE 815,704 0 0
SUN BANCORP INC COM NEW 86663B201 9,437 382,841 SH   SOLE NONE 382,841 0 0
SUNTRUST BKS INC COM 867914103 4,569 80,558 SH   SOLE NONE 80,558 0 0
UMPQUA HLDGS CORP COM 904214103 2,211 120,436 SH   SOLE NONE 120,436 0 0
UNIVEST CORP PA COM 915271100 432 14,429 SH   SOLE NONE 14,429 0 0
VERITEX HLDGS INC COM 923451108 4,583 174,065 SH   SOLE NONE 174,065 0 0
ZIONS BANCORPORATION COM 989701107 5,717 130,190 SH   SOLE NONE 130,190 0 0