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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ALERUS FINL CORP COM 01446U103   4,825,806 215,534 SH   SOLE NONE 215,534 0 0
BANC OF CALIFORNIA INC COM 05990K106   19,840,649 1,477,338 SH   SOLE NONE 1,477,338 0 0
SOUTHERN CALIF BANCORP COM 84252A106   19,115,224 1,101,742 SH   SOLE NONE 1,101,742 0 0
CALIFORNIA BANCORP INC COM 13005U101   20,005,634 807,982 SH   SOLE NONE 807,982 0 0
CAMBRIDGE BANCORP COM 132152109   15,332,542 220,930 SH   SOLE NONE 220,930 0 0
CB FINL SVCS INC COM 12479G101   2,648,410 111,231 SH   SOLE NONE 111,231 0 0
COASTAL FINL CORP WA COM NEW 19046P209   33,036,510 743,898 SH   SOLE NONE 743,898 0 0
CONNECTONE BANCORP INC COM 20786W107   2,460,694 107,407 SH   SOLE NONE 107,407 0 0
EASTERN BANKSHARES INC COM 27627N105   2,898,788 204,140 SH   SOLE NONE 204,140 0 0
ENTERPRISE FINL SVCS CORP COM 293712105   4,315,735 96,657 SH   SOLE NONE 96,657 0 0
EVANS BANCORP INC COM NEW 29911Q208   5,131,665 162,755 SH   SOLE NONE 162,755 0 0
FIRST BANCSHARES INC MS COM 318916103   2,076,916 70,812 SH   SOLE NONE 70,812 0 0
FIRST MID ILL BANCSHARES INC COM 320866106   14,256,663 411,329 SH   SOLE NONE 411,329 0 0
FINWARD BANCORP COM 31812F109   2,512,465 99,543 SH   SOLE NONE 99,543 0 0
FVCBANKCORP INC COM 36120Q101   18,987,573 1,337,153 SH   SOLE NONE 1,337,153 0 0
HERITAGE COMM CORP COM 426927109   5,863,960 591,125 SH   SOLE NONE 591,125 0 0
MID PENN BANCORP INC COM 59540G107   2,392,187 98,525 SH   SOLE NONE 98,525 0 0
MVB FINL CORP COM 553810102   7,811,445 346,252 SH   SOLE NONE 346,252 0 0
NATIONAL BK HLDGS CORP CL A 633707104   2,494,817 67,083 SH   SOLE NONE 67,083 0 0
NORTHEAST BK LEWISTON ME COM 66405S100   4,522,324 81,941 SH   SOLE NONE 81,941 0 0
NEW YORK CMNTY BANCORP INC COM 649445103   2,931,857 286,594 SH   SOLE NONE 286,594 0 0
ORIGIN BANCORP INC COM 68621T102   3,238,826 91,055 SH   SOLE NONE 91,055 0 0
OCEANFIRST FINL CORP COM 675234108   12,685,351 730,723 SH   SOLE NONE 730,723 0 0
QCR HOLDINGS INC COM 74727A104   21,122,524 361,749 SH   SOLE NONE 361,749 0 0
SEACOAST BKG CORP FLA COM NEW 811707801   10,699,139 375,936 SH   SOLE NONE 375,936 0 0
SOUTHERN FIRST BANCSHARES COM 842873101   17,098,463 460,875 SH   SOLE NONE 460,875 0 0
SOUTH PLAINS FINANCIAL INC COM 83946P107   701,990 24,240 SH   SOLE NONE 24,240 0 0
TOWNEBANK PORTSMOUTH VA COM 89214P109   1,313,279 44,129 SH   SOLE NONE 44,129 0 0
USCB FINANCIAL HOLDINGS INC CLASS A COM 90355N101   15,947,540 1,301,840 SH   SOLE NONE 1,301,840 0 0
UNIVEST FINANCIAL CORPORATIO COM 915271100   1,691,155 76,766 SH   SOLE NONE 76,766 0 0
VIRGINIA NATL BANKSHARES COR COM 928031103   6,685,707 194,465 SH   SOLE NONE 194,465 0 0
VALLEY NATL BANCORP COM 919794107   13,663,585 1,258,157 SH   SOLE NONE 1,258,157 0 0