0000909012-14-000163.txt : 20140311 0000909012-14-000163.hdr.sgml : 20140311 20140311141749 ACCESSION NUMBER: 0000909012-14-000163 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20140311 DATE AS OF CHANGE: 20140311 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MONARCH COMMUNITY BANCORP INC CENTRAL INDEX KEY: 0001169769 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 043627031 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-78792 FILM NUMBER: 14683768 BUSINESS ADDRESS: STREET 1: 375 N WILLOWBROOK RD CITY: COLDWATER STATE: MI ZIP: 49036 BUSINESS PHONE: 5172784566 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Elizabeth Park Capital Advisors, Ltd. CENTRAL INDEX KEY: 0001600583 IRS NUMBER: 263172303 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 29525 CHAGRIN BLVD., SUITE 318 CITY: PEPPER PIKE STATE: OH ZIP: 44122 BUSINESS PHONE: 216-292-5711 MAIL ADDRESS: STREET 1: 29525 CHAGRIN BLVD., SUITE 318 CITY: PEPPER PIKE STATE: OH ZIP: 44122 SC 13G 1 t307360.txt MCBI UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. )* Monarch Community Bancorp Inc. ------------------------------ (Name of Issuer) Common ------ (Title of Class of Securities) 609045208 --------- (CUSIP Number) December 31, 2013 ----------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [x] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). PAGE 1 OF 4 PAGES -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Elizabeth Park Capital Advisors, Ltd. 26-3172303 -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [_] -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 673,500 NUMBER OF ----------------------------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 0 EACH ----------------------------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON WITH 673,500 ----------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 0 -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 673,500 -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* N/A -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 7.7% -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IA -------------------------------------------------------------------------------- PAGE 2 OF 4 PAGES Item 1(a) Name of Issuer: Monarch Community Bancorp Inc. Item 1(b) Address of Issuer's Principal Executive Offices: 375 North Willowbrook Road Coldwater, MI 49036 Item 2(a) Name of Person Filing: Elizabeth Park Capital Advisors, Ltd. Item 2(b) Address of the Principal Office or, if none, Residence: 29525 Chagrin Blvd., Suite 318 Pepper Pike, OH 44122 Item 2(c) Citizenship: Item 2(d) Title of Class of Securities: Common Item 2(e) CUSIP Number: 609045208 Item 3 If the Statement is being filed pursuant to Rule 13d-1(b), or 13d-2(b), check whether the person filing is a: (e) [X] An investment advisor in accordance with section 240.13d-1(b)(1)(ii)(E) Item 4 Ownership: (a) Amount Beneficially Owned: 673,500 (b) Percent of Class: 7.7% (c) Number of shares as to which such person has: (i) sole power to vote or direct the vote: 673,500 (ii) shared power to vote or direct the vote: 0 (iii) sole power to dispose or to direct the disposition of: 673,500 (iv) shared power to dispose or to direct the disposition of: 0 Item 5 Ownership of Five Percent or Less of a Class: If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ]. PAGE 3 OF 4 PAGES Item 6 Ownership of More than Five Percent on Behalf of Another Person: Not applicable. Item 7 Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company: Not applicable. Item 8 Identification and Classification of Members of the Group: Not applicable. Item 9 Notice of Dissolution of a Group: Not applicable. Item 10 Certification: By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purpose or effect. After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: March 7, 2014 Elizabeth Park Capital Advisors, Ltd. By: /s/ E.C. Pelaia -------------------------------- E.C. Pelaia Title: COO. CCO PAGE 4 OF 4 PAGES