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
AMERIS BANCORP COM 03076K108 10,116 400,000 SH   SOLE   400,000 0 0
ANCHOR BANCORP WIS INC DEL COM 03283P106 32,339 851,000 SH   SOLE   851,000 0 0
ARLINGTON ASSET INVT CORP CL A NEW 041356205 196 10,000 SH   SOLE   10,000 0 0
ATLANTIC COAST FINL CORP COM 048426100 6,863 1,542,000 SH   SOLE   1,542,000 0 0
AVENUE FINL HLDGS INC COM 05358K102 631 50,000 SH   SOLE   50,000 0 0
BANK MUTUAL CORP NEW COM 063750103 2,542 331,000 SH   SOLE   331,000 0 0
BENEFICIAL BANCORP INC COM 08171T102 1,881 151,000 SH   SOLE   151,000 0 0
BNC BANCORP COM 05566T101 16,805 869,000 SH   SOLE   869,000 0 0
BRIDGE BANCORP INC COM 108035106 14,514 544,000 SH   SOLE   544,000 0 0
BSB BANCORP INC MD COM 05573H108 983 44,000 SH   SOLE   44,000 0 0
CAPE BANCORP INC COM 139209100 1,567 166,000 SH   SOLE   166,000 0 0
CARDINAL FINL CORP COM 14149F109 2,212 101,000 SH   SOLE   101,000 0 0
CAROLINA BK HLDGS INC GREENS COM 143785103 2,120 175,000 SH   SOLE   175,000 0 0
CB FINL SVCS INC COM 12479G101 1,671 84,000 SH   SOLE   84,000 0 0
CENTERSTATE BANKS INC COM 15201P109 1,535 114,000 SH   SOLE   114,000 0 0
CENTURY CMNTYS INC COM 156504300 393 20,000 SH   SOLE   20,000 0 0
CHARTER FINL CORP MD COM 16122W108 4,071 328,000 SH   SOLE   328,000 0 0
CHEVIOT FINL CORP NEW COM 16677X105 428 29,000 SH   SOLE   29,000 0 0
CITIZENS CMNTY BANCORP INC M COM 174903104 2,365 258,000 SH   SOLE   258,000 0 0
CLIFTON BANCORP INC COM 186873105 695 50,000 SH   SOLE   50,000 0 0
COASTWAY BANCORP INC COM 190632109 788 70,000 SH   SOLE   70,000 0 0
CODORUS VY BANCORP INC COM 192025104 382 19,000 SH   SOLE   19,000 0 0
COMMUNITY BK SHS IND INC COM 203599105 5,200 190,000 SH   SOLE   190,000 0 0
COMMUNITY BK SHS IND INC COM 203599105 1,659 61,000 SH   SOLE   61,000 0 0
COMMUNITY FINL CORP MD COM 20368X101 3,974 186,000 SH   SOLE   186,000 0 0
COMMUNITYONE BANCORP COM 20416Q108 597 55,000 SH   SOLE   55,000 0 0
CONNECTONE BANCORP INC NEW COM 20786W107 1,604 75,000 SH   SOLE   75,000 0 0
DNB FINL CORP COM 233237106 853 33,000 SH   SOLE   33,000 0 0
EASTERN VA BANKSHARES INC COM 277196101 3,051 484,000 SH   SOLE   484,000 0 0
FIDELITY SOUTHERN CORP NEW COM 316394105 1,063 61,000 SH   SOLE   61,000 0 0
FIRST BANK WILLIAMSTOWN NJ COM 31931U102 213 35,000 SH   SOLE   35,000 0 0
FIRST CAPITAL BANCORP VA COM 319438107 2,175 504,000 SH   SOLE   504,000 0 0
FIRST CMNTY CORP S C COM 319835104 3,881 324,000 SH   SOLE   324,000 0 0
FIRST DEFIANCE FINL CORP COM 32006W106 1,532 41,000 SH   SOLE   41,000 0 0
FIRST MID ILL BANCSHARES INC COM 320866106 2,589 119,000 SH   SOLE   119,000 0 0
FIRST SAVINGS FINL GROUP INC COM 33621E109 3,680 124,000 SH   SOLE   124,000 0 0
FIRST SEC GROUP INC COM NEW 336312202 2,574 1,051,000 SH   SOLE   1,051,000 0 0
FOX CHASE BANCORP INC NEW COM 35137T108 2,694 159,000 SH   SOLE   159,000 0 0
FRANKLIN FINL NETWORK INC COM 35352P104 2,279 99,000 SH   SOLE   99,000 0 0
FS BANCORP INC COM 30263Y104 999 45,000 SH   SOLE   45,000 0 0
GEORGETOWN BANCORP INC MD COM 372591107 1,246 70,000 SH   SOLE   70,000 0 0
GUARANTY FED BANCSHARES INC COM 40108P101 4,365 297,000 SH   SOLE   297,000 0 0
HAMILTON BANCORP INC MD COM 407015106 2,012 144,000 SH   SOLE   144,000 0 0
HANMI FINL CORP COM NEW 410495204 1,240 50,000 SH   SOLE   50,000 0 0
HERITAGE FINL CORP WASH COM 42722X106 215 12,000 SH   SOLE   12,000 0 0
HF FINL CORP COM 404172108 2,289 151,000 SH   SOLE   151,000 0 0
HOME BANCORP INC COM 43689E107 13,996 555,000 SH   SOLE   555,000 0 0
HOME FED BANCORP INC LA NEW COM 43708L108 3,246 161,000 SH   SOLE   161,000 0 0
HOMESTREET INC COM 43785V102 859 38,000 SH   SOLE   38,000 0 0
HOMETRUST BANCSHARES INC COM 437872104 5,154 308,000 SH   SOLE   308,000 0 0
HOPFED BANCORP INC COM 439734104 727 61,000 SH   SOLE   61,000 0 0
HOWARD BANCORP INC COM 442496105 441 32,000 SH   SOLE   32,000 0 0
IBERIABANK CORP COM 450828108 15,456 227,000 SH   SOLE   227,000 0 0
INDEPENDENT BANK CORP MICH COM NEW 453838609 4,568 337,000 SH   SOLE   337,000 0 0
INVESTAR HLDG CORP COM 46134L105 6,227 410,000 SH   SOLE   410,000 0 0
INVESTORS BANCORP INC NEW COM 46146L101 75,193 6,113,000 SH   SOLE   6,113,000 0 0
KEARNY FINL CORP MD COM 48716P108 1,265 113,000 SH   SOLE   113,000 0 0
LAPORTE BANCORP INC MD COM 516651106 840 62,000 SH   SOLE   62,000 0 0
MALVERN BANCORP INC COM 561409103 1,797 121,000 SH   SOLE   121,000 0 0
MBT FINL CORP COM 578877102 1,224 213,000 SH   SOLE   213,000 0 0
MERIDIAN BANCORP INC MD COM 58958U103 5,372 401,000 SH   SOLE   401,000 0 0
METRO BANCORP INC PA COM 59161R101 321 12,000 SH   SOLE   12,000 0 0
MUTUALFIRST FINL INC COM 62845B104 3,865 166,000 SH   SOLE   166,000 0 0
NATIONAL BK HLDGS CORP CL A 633707104 8,886 427,000 SH   SOLE   427,000 0 0
NATIONAL COMM CORP COM 63546L102 645 25,000 SH   SOLE   25,000 0 0
NEWBRIDGE BANCORP CL A NO PAR 65080T102 4,245 475,000 SH   SOLE   475,000 0 0
NMI HLDGS INC CL A 629209305 201 25,000 SH   SOLE   25,000 0 0
NORTHFIELD BANCORP INC DEL COM 66611T108 753 50,000 SH   SOLE   50,000 0 0
OLD LINE BANCSHARES INC COM 67984M100 9,341 588,000 SH   SOLE   588,000 0 0
OLD SECOND BANCORP INC ILL COM 680277100 990 150,000 SH   SOLE   150,000 0 0
PACIFIC PREMIER BANCORP COM 69478X105 12,400 731,000 SH   SOLE   731,000 0 0
PEOPLES UTAH BANCORP COM 712706209 1,274 75,000 SH   SOLE   75,000 0 0
POAGE BANKSHARES INC COM 730206109 1,182 77,000 SH   SOLE   77,000 0 0
PULASKI FINL CORP COM 745548107 323 25,000 SH   SOLE   25,000 0 0
QCR HOLDINGS INC COM 74727A104 2,176 100,000 SH   SOLE   100,000 0 0
SEACOAST BKG CORP FLA COM NEW 811707801 15,954 1,010,000 SH   SOLE   1,010,000 0 0
SHORE BANCSHARES INC COM 825107105 5,636 598,000 SH   SOLE   598,000 0 0
SI FINL GROUP INC MD COM 78425V104 935 80,000 SH   SOLE   80,000 0 0
SOUTHERN FIRST BANCSHARES IN COM 842873101 1,872 105,000 SH   SOLE   105,000 0 0
SOUTHERN MO BANCORP INC COM 843380106 2,626 140,000 SH   SOLE   140,000 0 0
STATE NATL COS INC COM 85711T305 5,957 550,000 SH   SOLE   550,000 0 0
SUN BANCORP INC COM NEW 86663B201 19,694 1,023,000 SH   SOLE   1,023,000 0 0
TRICO BANCSHARES COM 896095106 227 9,000 SH   SOLE   9,000 0 0
UNITED CMNTY BANCORP IND COM 90984R101 276 20,000 SH   SOLE   20,000 0 0
UNITED CMNTY BKS BLAIRSVLE G COM 90984P303 1,394 67,000 SH   SOLE   67,000 0 0
UNITED CMNTY FINL CORP OHIO COM 909839102 9,167 1,714,000 SH   SOLE   1,714,000 0 0
UNITED FINL BANCORP INC NEW COM 910304104 943 70,000 SH   SOLE   70,000 0 0
VERITEX HLDGS INC COM 923451108 2,230 149,000 SH   SOLE   149,000 0 0
WASHINGTONFIRST BANKSHARES I COM 940730104 1,493 89,000 SH   SOLE   89,000 0 0
WELLESLEY BANCORP INC COM 949485106 1,346 67,000 SH   SOLE   67,000 0 0
WESTBURY BANCORP INC COM 95727P106 5,831 336,000 SH   SOLE   336,000 0 0
YADKIN FINL CORP COM 984305102 3,414 163,000 SH   SOLE   163,000 0 0