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
ASTORIA Financial COM 046265104 54 5,000 SH   DFND   0 0 0
BSB BANCORP COM 00557H108 132 10,000 SH   DFND   0 0 0
BANK MUTUAL COM 063750103 85 15,000 SH   DFND   0 0 0
BRIDGE CAPITAL COM 108030107 143 9,000 SH   DFND   0 0 0
CVB FINANCIAL COM 126600105 106 9,000 SH   DFND   0 0 0
CALIFORNIA UNITED COM 130781107 190 12,000 SH   DFND   0 0 0
CAPE BANCORP COM 139209100 143 15,000 SH   DFND   0 0 0
COBIZ FINANCIAL COM 190897108 125 15,000 SH   DFND   0 0 0
COMERICA COM 200340107 139 3,500 SH   DFND   0 0 0
FIRST DEFIANCE FINL COM 32006W106 68 3,000 SH   DFND   0 0 0
FIRST UNITED BANCORP COM 33740N105 91 13,500 SH   DFND   0 0 0
FOX CHASE BANCORP COM 35137T108 68 4,000 SH   DFND   0 0 0
FRANKLIN FINANCIAL COM 35353C102 90 5,000 SH   DFND   0 0 0
HERITAGE COMMERCE COM 426927109 172 34,500 SH   DFND   0 0 0
HERITAGE OAKS BANCORP COM 42724R107 219 35,500 SH   DFND   0 0 0
NORTH VALLEY BANCORP COM 66304M204 116 7,000 SH   DFND   0 0 0
OMNI AMERICAN BANCORP COM 68216R107 154 7,000 SH   DFND   0 0 0
PACWEST BANCORP COM 295263103 276 9,000 SH   DFND   0 0 0
PACIFIC PREMIER BANCORP COM 69478X105 244 20,000 SH   DFND   0 0 0
PARK STERLING COM 70086Y105 177 30,000 SH   DFND   0 0 0
PEAPACK GLADSTONE COM 704699107 70 4,000 SH   DFND   0 0 0
PEOPLES FEDERAL COM 711037101 181 10,000 SH   DFND   0 0 0
SOUTHCOAST FINANCIAL COM 84129R100 83 15,870 SH   DFND   0 0 0
SUFFOLK BANCORP COM 864739197 114 7,000 SH   DFND   0 0 0
SYNOVUS COM 87161C105 222 76,000 SH   DFND   0 0 0
TEXAS CAPITAL BANCSHARES COM 88224A107 222 5,000 SH   DFND   0 0 0
UNITED FINANCIAL BANCORP COM 91030T109 281 18,553 SH   DFND   0 0 0
VIEWPOINT FINANCIAL COM 92672A101 104 5,000 SH   DFND   0 0 0
YADKIN VALLEY COM 984305102 47 3,333 SH   DFND   0 0 0