0001193125-13-060109.txt : 20130214 0001193125-13-060109.hdr.sgml : 20130214 20130214160936 ACCESSION NUMBER: 0001193125-13-060109 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20121231 FILED AS OF DATE: 20130214 DATE AS OF CHANGE: 20130214 EFFECTIVENESS DATE: 20130214 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SANDLER ONEILL ASSET MANAGEMENT LLC CENTRAL INDEX KEY: 0001040762 IRS NUMBER: 133906061 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-07148 FILM NUMBER: 13613733 BUSINESS ADDRESS: STREET 1: 150 EAST 52ND STREET STREET 2: 30TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2124867300 MAIL ADDRESS: STREET 1: 150 EAST 52ND STREET STREET 2: 30TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 13F-HR 1 d487042d13fhr.txt FORM 13F-HR UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2012 Check here if Amendment [ ]; Amendment Number: This amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Sandler O'Neill Asset Management, LLC Address: 150 East 52nd Street, 30th Floor New York, NY 10022 13 File Number: 28-7148 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct, and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: TERRY MALTESE Title: President/CEO Phone: (212) 486-7300 Signature, Place and Date of Signing: TERRY MALTESE February 14, 2012 Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934 FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 150 Form 13F Information Table Value Total: 856270 Page 2 FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP x($1000) PRN AMT PRN CALL DISCRETN MANAGERS SOLE SHARED NONE ------------------------------- -------------- --------- -------- -------- --- ---- -------- --------- -------- -------- -------- D 1ST CENTY BK NATL AS SN COM ST COMMON STOCK 31943X102 3883 842100 SH SOLE 842100 0 0 D 1ST UNITED BANCORP INC. (FL) C COMMON STOCK 33740N105 8011 1281700 SH SOLE 1281700 0 0 D ACCESS NATL CORP COM STK COMMON STOCK 004337101 1550 119200 SH SOLE 119200 0 0 D AERCAP HOLDINGS NV COM STK COMMON STOCK N00985106 6181 450500 SH SOLE 450500 0 0 D ALLIANCE BANCORP INC OF PA COMMON STOCK 01890A108 2731 215000 SH SOLE 215000 0 0 D AMERICAN EXPRESS COMPANY COM COMMON STOCK 025816109 5834 101500 SH SOLE 101500 0 0 D AMERICAN INTERNATIONAL GRP INC COMMON STOCK 026874784 2951 83600 SH SOLE 83600 0 0 D AMERICAN RIVER BANKSHARES COM COMMON STOCK 029326105 6357 920000 SH SOLE 920000 0 0 D ASB BANCORP INC COM STK COMMON STOCK 00213T109 2353 153600 SH SOLE 153600 0 0 D ASTORIA FINANCIAL CORP COM STK COMMON STOCK 046265104 234 25000 SH SOLE 25000 0 0 D ATHENS BANCSHARES CORP COM STK COMMON STOCK 047042106 3129 189525 SH SOLE 189525 0 0 D BANCFIRST CORP COM STK COMMON STOCK 05945F103 9946 234800 SH SOLE 234800 0 0 D BANCORPSOUTH INC COM STK COMMON STOCK 059692103 364 25000 SH SOLE 25000 0 0 D BANK MUTUAL CORP COM STK COMMON STOCK 063750103 3870 900000 SH SOLE 900000 0 0 D BANK OF AMERICA CORP COM STK COMMON STOCK 060505104 3690 317800 SH SOLE 317800 0 0 D BANKUNITED INC COM STK COMMON STOCK 06652K103 3055 125000 SH SOLE 125000 0 0 D BAR HARBOR BANKSHARES COM STK COMMON STOCK 066849100 3866 114900 SH SOLE 114900 0 0 D BERKSHIRE HILLS BANCORP INC COMMON STOCK 084680107 1296 54318 SH SOLE 54318 0 0 D BLACKROCK INC COM STK COMMON STOCK 09247X101 2873 13900 SH SOLE 13900 0 0 D BOSTON PRIVATE FINL HLDGS INC COMMON STOCK 101119105 225 25000 SH SOLE 25000 0 0 D BRIDGE BANCORP INC COM STK COMMON STOCK 108035106 4896 240700 SH SOLE 240700 0 0 D BRIDGE CAPITAL HOLDINGS COMMON STOCK 108030107 4931 316900 SH SOLE 316900 0 0 D BROWN & BROWN INC COM STK COMMON STOCK 115236101 4252 167000 SH SOLE 167000 0 0 D BSB BANCORP INC. COM STK COMMON STOCK 05573H108 5740 469300 SH SOLE 469300 0 0 D CAI INTERNATIONAL INC COM STK COMMON STOCK 12477X106 562 25600 SH SOLE 25600 0 0 D CAPITAL BANK FINL CORPORATION COMMON STOCk 139794101 2212 129610 SH SOLE 129610 0 0 D CENTURY BANCORP INC COM STK COMMON STOCK 156432106 7932 240714 SH SOLE 240714 0 0 D CHICOPEE BANCORP INC COM STK COMMON STOCK 168565109 4290 270000 SH SOLE 270000 0 0 D CITIGROUP INC COM STK COMMON STOCK 172967424 16655 421000 SH SOLE 421000 0 0 D CITIZENS & NORTHN CO RP COM ST COMMON STOCK 172922106 1610 85200 SH SOLE 85200 0 0 D CITY NATIONAL CORP CA COM STK COMMON STOCK 178566105 6685 135000 SH SOLE 135000 0 0 D COBIZ FINANCIAL INC COM STK COMMON STOCK 190897108 2070 277100 SH SOLE 277100 0 0 D COLONIAL FINL SERVICES INC COMMON STOCK 19566B101 998 76200 SH SOLE 76200 0 0 D COMERICA INC COM STK COMMON STOCK 200340107 34915 1150800 SH SOLE 1150800 0 0 D COMMUNITY BANK SYSTEM INC COMMON STOCK 203607106 5155 188400 SH SOLE 188400 0 0 D CVB FINANCIAL CORP COM STK COMMON STOCK 126600105 690 66300 SH SOLE 66300 0 0 D DISCOVER FINANCIAL SERVICES COMMON STOCK 254709108 5463 141700 SH SOLE 141700 0 0 D EAGLE BANCORP INC COM STK COMMON STOCK 268948106 2746 137527 SH SOLE 137527 0 0 D EAGLE BANCORP MONTANA INC COM COMMON STOCK 26942G100 3105 300000 SH SOLE 300000 0 0 D ESSA BANCORP INC COM STK COMMON STOCK 29667D104 2193 201400 SH SOLE 201400 0 0 D EVANS BANCORP INC COM STK COMMON STOCK 29911Q208 5489 354100 SH SOLE 354100 0 0 D EVERCORE PARTNERS INC COM STK COMMON STOCK 29977A105 10793 357500 SH SOLE 357500 0 0 D FEDFIRST FINANCIAL CORP COM ST COMMON STOCK 31429C101 2067 127200 SH SOLE 127200 0 0 D FIDELITY SOUTHERN CORP COM STK COMMON STOCK 316394105 1802 188700 SH SOLE 188700 0 0 D FIRST CITIZENS BANCSHARES INC COMMON STOCK 31946M103 16841 103000 SH SOLE 103000 0 0 D FIRST COMMUNITY CORP COM STK COMMON STOCK 319835104 3781 450600 SH SOLE 450600 0 0 D FIRST DEFIANCE FINANCIAL CORP COMMON STOCK 32006W106 5241 273100 SH SOLE 273100 0 0 D FIRST FINANCIAL BANCORP OHIO COMMON STOCK 320209109 11778 805600 SH SOLE 805600 0 0 D FIRST INTERSTATE BANCSYSTEM COMMON STOCK 32055Y201 1210 78400 SH SOLE 78400 0 0 D FIRST MIDWEST BANCORP INC DEL COMMON STOCK 320867104 18095 1445300 SH SOLE 1445300 0 0 D FIRSTMERIT CORPORATION COM STK COMMON STOCK 337915102 2172 153100 SH SOLE 153100 0 0 D FLAGSTAR BANCORP INC COM STK COMMON STOCK 337930705 6243 321800 SH SOLE 321800 0 0 D FLUSHING FINANCIAL CORP COM ST COMMON STOCK 343873105 2273 148200 SH SOLE 148200 0 0 D FORTEGRA FINL CORP COM STK COMMON STOCK 34954W104 453 51000 SH SOLE 51000 0 0 D FOX CHASE BANCORP INC COM STK COMMON STOCK 35137T108 8658 520000 SH SOLE 520000 0 0 D ARTHUR J. GALLAGHER & CO COM COMMON STOCK 363576109 14824 427816 SH SOLE 427816 0 0 D GEORGETOWN BANCORP INC COM STK COMMON STOCK 372591107 1317 121400 SH SOLE 121400 0 0 D GLACIER BANCORP INC COM STK COMMON STOCK 37637Q105 1725 117300 SH SOLE 117300 0 0 D GUARANTY BANCORP COM STK COMMON STOCK 40075T102 390 200000 SH SOLE 200000 0 0 D HAMILTON BANCORP INC COM STK COMMON STOCK 407015106 4132 365000 SH SOLE 365000 0 0 D HAMPTON ROADS BANCSHARES INC COMMON STOCK 409321502 586 492651 SH SOLE 492651 0 0 D HERITAGE COMMERCE CORP COM STK COMMON STOCK 426927109 268 38400 SH SOLE 38400 0 0 D HERITAGE FINANCIAL CORPORATIO COMMON STOCK 42722X106 6942 472600 SH SOLE 472600 0 0 D HERITAGE OAKS BANCORP COM STK COMMON STOCK 42724R107 10452 1802000 SH SOLE 1802000 0 0 D HF FINANCIAL CORP COM STK COMMON STOCK 404172108 8592 655900 SH SOLE 655900 0 0 D HINGHAM INSTITUTION FOR SVGS COMMON STOCK 433323102 2504 40000 SH SOLE 40000 0 0 D HOME FEDERAL BANCORP INC LA C COMMON STOCK 43708L108 2242 128200 SH SOLE 128200 0 0 D HOMETRUST BANCSHARES INC COM COMMON STOCK 437872104 5966 441600 SH SOLE 441600 0 0 D HOPFED BANCORP INC COM STK COMMON STOCK 439734104 6332 734602 SH SOLE 734602 0 0 D HUNTINGTON BANCSHARES INC COM COMMON STOCK 446150104 9342 1462000 SH SOLE 1462000 0 0 D IF BANCORP INC COM STK COMMON STOCK 44951J105 6014 435800 SH SOLE 435800 0 0 D INDEPENDENT BANK CORPORATION COMMON STOCK 453838609 1082 308800 SH SOLE 308800 0 0 D INVESCO LTD COM STK COMMON STOCK G491BT108 5664 217100 SH SOLE 217100 0 0 D JACKSONVILLE BANCORP INC FLA COMMON STOCK 469249106 267 333333 SH SOLE 333333 0 0 D JACKSONVILLE BANCORP INC IL COMMON STOCK 46924R106 835 48100 SH SOLE 48100 0 0 D JP MORGAN CHASE WRNT EXP 10/28 WARRANTS 46634E114 1512 127500 SH SOLE 127500 0 0 D KEYCORP NY COM STK COMMON STOCK 493267108 22939 2724300 SH SOLE 2724300 0 0 D LAPORTE BANCORP INC COM STK COMMON STOCK 516651106 5132 595400 SH SOLE 595400 0 0 D LOUISIANA BANCORP INC COM COMMON STOCK 54619P104 3286 201000 SH SOLE 201000 0 0 D MAINSOURCE FINANCIAL GROUP INC COMMON STOCK 56062Y102 1964 155000 SH SOLE 155000 0 0 D MALVERN BANCORP INC COM STK COMMON STOCK 561409103 6962 624400 SH SOLE 624400 0 0 D MB FINANCIAL INC COM STK COMMON STOCK 55264U108 16683 844700 SH SOLE 844700 0 0 D MERIDIAN INTERSTATE BNCRP INC COMMON STOCK 58964Q104 10359 617331 SH SOLE 617331 0 0 D METLIFE INC COM STK COMMON STOCK 59156R108 4612 140000 SH SOLE 140000 0 0 D MIDWESTONE FINANCIAL GRP INC COMMON STOCK 598511103 4920 239900 SH SOLE 239900 0 0 D MORGAN STANLEY COM STK COMMON STOCK 617446448 20304 1061900 SH SOLE 1061900 0 0 D M&T BK CORP WRNT EXP 12/28/18 WARRANTS 55261F112 13344 489700 SH SOLE 489700 0 0 D MUTUALFIRST FINANCIA L INC COM COMMON STOCK 62845B104 3503 306500 SH SOLE 306500 0 0 D NATIONAL BANK HOLDINGS CORP COMMON STOCK 633707104 3899 205300 SH SOLE 205300 0 0 D NEWPORT BANCORP INC COM STK COMMON STOCK 651754103 5672 344200 SH SOLE 344200 0 0 D NORTH VALLEY BANCORP COM STK COMMON STOCK 66304M204 7291 512000 SH SOLE 512000 0 0 D NORTHRIM BANCORP INC COMMON STOCK 666762109 6036 266500 SH SOLE 266500 0 0 D OBA FINANCIAL SERVIC ES INC COMMON STOCK 67424G101 3741 212700 SH SOLE 212700 0 0 D OCEANFIRST FINL CORP COM STK COMMON STOCK 675234108 9537 693600 SH SOLE 693600 0 0 D OCWEN FINANCIAL CORPORATION COMMON STOCK 675746309 6167 178300 SH SOLE 178300 0 0 D OLD LINE BANCSHARES INC COMMON STOCK 67984M100 565 50000 SH SOLE 50000 0 0 D OMNIAMERICAN BANCORP INC COMMON STOCK 68216R107 18426 796620 SH SOLE 796620 0 0 D ONEIDA FINANCIAL CORP COM STK COMMON STOCK 682479100 1605 150700 SH SOLE 150700 0 0 D PACIFIC PREMIER BANCORP COM S COMMON STOCK 69478X105 11684 1141000 SH SOLE 1141000 0 0 D PALMETTO BANCSHARES INC COM ST COMMON STOCK 697062206 8146 977895 SH SOLE 977895 0 0 D PARK STERLING BK CHARLOTTE NC COMMON STOCK 70086Y105 7551 1443700 SH SOLE 1443700 0 0 D PEOPLES FED BANCSHARES INC COMMON STOCK 711037101 4521 260000 SH SOLE 260000 0 0 D PNC FINANCIAL SERVICES GRP INC COMMON STOCK 693475105 22158 380000 SH SOLE 380000 0 0 D POAGE BANKSHARES INC COM STK COMMON STOCK 730206109 4131 324000 SH SOLE 324000 0 0 D POLONIA BANCORP INC COMMON STOCK 73158Q109 1763 218962 SH SOLE 218962 0 0 D PREFERRED BANK COM STK COMMON STOCK 740367404 10343 728400 SH SOLE 728400 0 0 D PREMIER FINANCIAL BANCORP INC COMMON STOCK 74050M105 1245 115000 SH SOLE 115000 0 0 D PROVIDENT FINL SERVICES INC COMMON STOCK 74386T105 887 59435 SH SOLE 59435 0 0 D REGIONS FINANCIAL CORP COM STK COMMON STOCK 7591EP100 713 100000 SH SOLE 100000 0 0 D RIVERVIEW BANCORP INC COM STK COMMON STOCK 769397100 2750 1627400 SH SOLE 1627400 0 0 D SANDY SPRING BANCORP INC COM COMMON STOCK 800363103 1067 54958 SH SOLE 54958 0 0 D SCBT FINANCIAL CORPORATION COM COMMON STOCK 78401V102 1598 39781 SH SOLE 39781 0 0 D SEACOAST BKG CORP FLA COMMON COMMON STOCK 811707306 3937 2445385 SH SOLE 2445385 0 0 D SI FINL GROUP INC COM STK COMMON STOCK 78425V104 4148 360700 SH SOLE 360700 0 0 D SIERRA BANCORP COM STK COMMON STOCK 82620P102 3020 264200 SH SOLE 264200 0 0 D SIMMONS FIRST NATION AL CORP C COMMON STOCK 828730200 18576 732500 SH SOLE 732500 0 0 D SOMERSET HILLS BANCORP BERNA COMMON STOCK 834728107 4628 514900 SH SOLE 514900 0 0 D SOUTHERN MISSOURI BANCORP INC COMMON STOCK 843380106 4946 220300 SH SOLE 220300 0 0 D SOUTHWEST BANCORP INC COM STK COMMON STOCK 844767103 7106 634500 SH SOLE 634500 0 0 D SPDR S&P 500 ETF TRUST COMMON STOCK 78462F103 250 2500 SH PUT SOLE 2500 0 0 D STANDARD FINANCIAL CORP COMMON STOCK 853393106 5742 329600 SH SOLE 329600 0 0 D STATE BANK FINL CORP COM STK COMMON STOCK 856190103 36052 2270300 SH SOLE 2270300 0 0 D STATE INVESTORS BANCORP INC CO COMMON STOCK 857030100 3831 271900 SH SOLE 271900 0 0 D STERLING BANCORP COM STK COMMON STOCK 859158107 2592 284500 SH SOLE 284500 0 0 D STERLING FINANCIAL CORP COM COMMON STOCK 859319303 9823 470000 SH SOLE 470000 0 0 D SUFFOLK BANCORP COM STK COMMON STOCK 864739107 524 40000 SH SOLE 40000 0 0 D SUNSHINE FINANCIAL INC COM STK COMMON STOCK 86782T109 718 70000 SH SOLE 70000 0 0 D SUNTRUST BANKS INC COM STK COMMON STOCK 867914103 11581 408500 SH SOLE 408500 0 0 D SUNTRUST BANKS INC WRNT EXP WARRANTS 867914129 1444 214500 SH SOLE 214500 0 0 D SVB FINANCIAL GROUP COM STK COMMON STOCK 78486Q101 11849 211700 SH SOLE 211700 0 0 D SYNOVUS FINANCIAL CORP COM STK COMMON STOCK 87161C105 2959 1207600 SH SOLE 1207600 0 0 D TAYLOR CAPITAL GROUP INC COM COMMON STOCK 876851106 4830 267600 SH SOLE 267600 0 0 D TERRITORIAL BANCORP INC COM ST COMMON STOCK 88145X108 9369 410000 SH SOLE 410000 0 0 D TEXAS CAPITAL BANCSHARES INC C COMMON STOCK 88224Q107 14997 334600 SH SOLE 334600 0 0 D TOMPKINS FINANCIAL CORP COM ST COMMON STOCk 890110109 630 15895 SH SOLE 15895 0 0 D TRUSTMARK CORPORATION COM STK COMMON STOCK 898402102 1148 51100 SH SOLE 51100 0 0 D UNITED CMNTY FINL CORP OHIO C COMMON STOCK 909839102 154 53400 SH SOLE 53400 0 0 D WALKER & DUNLOP INC COMMON STOCK 93148P102 2631 157900 SH SOLE 157900 0 0 D WEBSTER FINANCIAL CORPORATION COMMON STOCK 947890109 3391 165000 SH SOLE 165000 0 0 D WELLS FARGO COMPANY COMMON STOCK 949746101 513 15000 SH SOLE 15000 0 0 D WEST BANCORPORATION INC COM ST COMMON STOCK 95123P106 233 21600 SH SOLE 21600 0 0 D WILLIS GRP HLDG PUBLIC LTD CO COMMON STOCK G96666105 7326 218500 SH SOLE 218500 0 0 D WILLIS LEASE FINANCE CORP COM COMMON STOCK 970646105 2152 150400 SH SOLE 150400 0 0 D WILSHIRE BANCORP INC COM STK COMMON STOCK 97186T108 9667 1646900 SH SOLE 1646900 0 0 D WINTRUST FINL CORP COM STK COMMON STOCK 97650W108 5112 139300 SH SOLE 139300 0 0 D WOLVERINE BANCORP INC COMMON STOCK 977880103 2287 134300 SH SOLE 134300 0 0 D XENITH BANKSHARES INC COMMON STOCK 98410X105 4740 1023800 SH SOLE 1023800 0 0 D YADKIN VALLEY FINL CORPORATION COMMON STOCK 984314104 4987 1696415 SH SOLE 1696415 0 0 D ZIONS BANCORPORATION COM STK COMMON STOCK 989701107 11746 548900 SH SOLE 548900 0 0 D ZIONS BANCORP WRNT EXP 11/14 COMMON STOCK 989701131 3744 2189400 SH SOLE 2189400 0 0 S REPORT SUMMARY 150 DATA RECORDS 856270 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED Page 3