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
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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 common 03076K108 3,890 164,904 SH   SOLE   164,904 0 0
Bank of Fincastle common 062113105 1,007 491,336 SH   SOLE   491,336 0 0
Cecil Bancorp, Inc. common 149841306 1,117 367,500 SH   SOLE   367,500 0 0
Communities First Financial Corp common 20344D104 3,977 173,647 SH   SOLE   173,647 0 0
Exchange Listed FDS TR HI YLD ETF July 17 2020 32 put 30151E954 241 680 PRN Put SOLE   680 0 0
FB Financial Corp common 30257X104 248 10,000 SH   SOLE   10,000 0 0
First Bancorp NC common 318910106 2,642 105,353 SH   SOLE   105,353 0 0
First Bancshares Inc MS common 318916103 4,713 209,450 SH   SOLE   209,450 0 0
First Busey Corp common 319383204 1,372 73,564 SH   SOLE   73,564 0 0
First Intst Bancsystem CL A common 32055Y201 2,122 68,531 SH   SOLE   68,531 0 0
First Midwest Bancorp DEL common 320867104 2,261 169,395 SH   SOLE   169,395 0 0
Franklin Financial Network common 35352P104 3,219 125,000 SH   SOLE   125,000 0 0
Gateway Bank FSB common 36758P102 1,200 3,000,000 SH   SOLE   3,000,000 0 0
Grandsouth Bancorporation common 386627301 5,048 339,922 SH   SOLE   339,922 0 0
Heritage Commerce Corp common 426927109 1,621 216,000 SH   SOLE   216,000 0 0
Invesco Exchange Traded Sr Ln ETF Jul 17 2020 21 put 46138G958 36 1,450 PRN Put SOLE   1,450 0 0
Invesco Exchange Traded Sr Ln ETF Oct 16 2020 17 put 46138G958 8 300 PRN Put SOLE   300 0 0
Investar Holding Corp common 46134L105 2,011 138,661 SH   SOLE   138,661 0 0
iShares Trust IBOXX HI YD ETF Aug 21 2020 78 put 464288953 39 350 PRN Put SOLE   350 0 0
Lakeland Bancorp Inc common 511637100 996 87,162 SH   SOLE   87,162 0 0
MainStreet Bancshares Inc common 56064Y100 2,477 187,663 SH   SOLE   187,663 0 0
McHenry Bancorp, Inc. common 580683100 1,257 15,000,000 SH   SOLE   15,000,000 0 0
Metro Phoenix Bank common 59165E106 1,739 176,667 SH   SOLE   176,667 0 0
Old Natl Bancorp IND common 680033107 1,376 100,000 SH   SOLE   100,000 0 0
Oregon Pacific Bancorp common 686040205 1,469 358,334 SH   SOLE   358,334 0 0
Pacific Premier Bancorp common 69478X105 2,970 137,000 SH   SOLE   137,000 0 0
Pacific West Bank common 69506W202 1,840 163,590 SH   SOLE   163,590 0 0
Seacoast Commerce Banc Holdings common 81171B108 3,188 255,000 SH   SOLE   255,000 0 0
Southcrest Financial Group common 84129X107 589 96,240 SH   SOLE   96,240 0 0
United Bancorporation Ala CL A common 90944R100 5,711 281,348 SH   SOLE   281,348 0 0
US Metro Bank common 90343B102 1,907 866,722 SH   SOLE   866,722 0 0
Veritex Holdings Inc common 923451108 1,213 68,550 SH   SOLE   68,550 0 0
Western Alliance Bancorp common 957638109 5,571 147,121 SH   SOLE   147,121 0 0