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
1347 PPTY INS HLDGS INC Common 68244P107 978 156,800 SH   DFND   156,800 0 0
ANCHOR BANCORP WA Common 32838104 6,030 236,466 SH   DFND   236,466 0 0
BLUE HILLS BANCORP INC Common 95573101 901 60,000 SH   DFND   60,000 0 0
CB FINL SVCS INC Common 12479G101 4,428 189,243 SH   DFND   189,243 0 0
COASTWAY BANCORP INC Common 190632109 274 20,000 SH   DFND   20,000 0 0
ENTEGRA FINL CORP Common 29363J108 4,355 236,968 SH   DFND   236,968 0 0
EQUITABLE FINL CORP NEW Common 29448T105 4 436 SH   DFND   436 0 0
ESSA BANCORP INC Common 29667D104 484 35,000 SH   DFND   35,000 0 0
FIRST BANCORP P R Common 318672706 7,052 1,356,125 SH   DFND   1,356,125 0 0
FIRST FINANCIAL NORTHWEST IN Common 32022K102 12,183 859,774 SH   DFND   859,774 0 0
FIRST NORTHWEST BANCORP Common 335834107 270 20,000 SH   DFND   20,000 0 0
FIRST SAVINGS FINL GROUP INC Common 33621E109 723 20,000 SH   DFND   20,000 0 0
FS BANCORP INC Common 30263Y104 3,503 120,000 SH   DFND   120,000 0 0
FSB BANCORP INC Common 30289C102 1,602 127,132 SH   DFND   127,132 0 0
FULL CIRCLE CAP CORP Common 359671104 191 72,396 SH   DFND   72,396 0 0
GEORGETOWN BANCORP INC MD Common 372591107 2,923 140,000 SH   DFND   140,000 0 0
GREAT ELM CAP GROUP INC Common 39036P100 14 2,900 SH   DFND   2,900 0 0
GREENE COUNTY BANCORP INC Common 394357107 179 10,720 SH   DFND   10,720 0 0
HAMILTON BANCORP INC MD Common 407015106 4,285 315,101 SH   DFND   315,101 0 0
HMN FINL INC Common 40424G108 304 21,443 SH   DFND   21,443 0 0
HOME FED BANCORP INC LA NEW Common 43708L108 1,634 70,000 SH   DFND   70,000 0 0
HOPFED BANCORP INC Common 439734104 7,136 637,128 SH   DFND   637,128 0 0
HORIZON BANCORP IND Common 440407104 45 1,522 SH   DFND   1,522 0 0
IF BANCORP INC Common 44951J105 6,781 363,811 SH   DFND   363,811 0 0
INVESTORS BANCORP INC NEW Common 46146L101 1,922 160,000 SH   DFND   160,000 0 0
JACKSONVILLE BANCORP INC MD Common 46924R106 4,521 154,200 SH   DFND   154,200 0 0
KINGSWAY FINL SVCS INC Common 496904202 20,720 3,609,718 SH   DFND   3,609,718 0 0
LAKE SHORE BANCORP INC Common 510700107 3,875 286,364 SH   DFND   286,364 0 0
MAGYAR BANCORP INC Common 55977T109 115 11,390 SH   DFND   11,390 0 0
MALVERN BANCORP INC Common 561409103 10,544 642,916 SH   DFND   642,916 0 0
MELROSE BANCORP INC Common 585553100 447 30,000 SH   DFND   30,000 0 0
METLIFE INC Common 59156R108 3 60 SH   DFND   60 0 0
OCONEE FED FINL CORP Common 675607105 2,560 111,000 SH   DFND   111,000 0 0
OFG BANCORP Common 67103X102 10,110 1,000,000 SH   DFND   1,000,000 0 0
POAGE BANKSHARES INC Common 730206109 7,055 365,653 SH   DFND   365,653 0 0
POPULAR INC Common 733174700 764 20,000 SH   DFND   20,000 0 0
PRINCIPAL FINL GROUP INC Common 74251V102 28 547 SH   DFND   547 0 0
PROVIDENT BANCORP INC Common 74383X109 234 15,000 SH   DFND   15,000 0 0
PROVIDENT FINL HLDGS INC Common 743868101 13,708 700,825 SH   DFND   700,825 0 0
SOUND FINL BANCORP INC Common 83607A100 5,867 239,683 SH   DFND   239,683 0 0
STONEGATE BK FT LAUDERDALE F Common 861811107 1,953 57,855 SH   DFND   57,855 0 0
WATERSTONE FINL INC MD Common 94188P101 4,386 258,149 SH   DFND   258,149 0 0
WAYNE SVGS BANCSHARES INC NE Common 94624Q101 3,657 269,853 SH   DFND   269,853 0 0
WCF BANCORP INC Common 92940L103 285 33,957 SH   DFND   33,957 0 0
WELLESLEY BANCORP INC Common 949485106 1,212 55,275 SH   DFND   55,275 0 0
WOLVERINE BANCORP INC Common 977880103 5,496 204,907 SH   DFND   204,907 0 0