0001171520-12-000926.txt : 20121102 0001171520-12-000926.hdr.sgml : 20121102 20121102125312 ACCESSION NUMBER: 0001171520-12-000926 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20121102 DATE AS OF CHANGE: 20121102 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: West End Indiana Bancshares, Inc. CENTRAL INDEX KEY: 0001523854 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-86567 FILM NUMBER: 121175965 BUSINESS ADDRESS: STREET 1: 34 SOUTH 7TH STREET CITY: RICHMOND STATE: IN ZIP: 47374 BUSINESS PHONE: (765) 962-9587 MAIL ADDRESS: STREET 1: 34 SOUTH 7TH STREET CITY: RICHMOND STATE: IN ZIP: 47374 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FJ Capital Long/Short Equity Fund CENTRAL INDEX KEY: 0001449499 IRS NUMBER: 261595395 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 2107 WILSON BLVD., SUITE 400 CITY: ARLINGTON STATE: VA ZIP: 22201 BUSINESS PHONE: 703-875-8378 MAIL ADDRESS: STREET 1: 2107 WILSON BLVD., SUITE 400 CITY: ARLINGTON STATE: VA ZIP: 22201 SC 13D/A 1 eps4903.htm

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 1)

 

 

West End Indiana Bancshares, Inc.
(Name of Issuer)

 

 

Common Stock
(Title of Class of Securities)

 

 

952678100
(CUSIP Number)

 

FJ Capital Long/Short Equity Fund, LLC

Martin S. Friedman,

1313 Dolley Madison Blvd Ste. 306

Mclean, VA 22101
703-875-8374
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

 

 

11/01/2012
(Date of Event Which Requires Filing of this Statement)

 

 

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. [ ]

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.

* 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 disclosures provided in a prior cover page.

The information required on 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).

 

 
 

CUSIP No 952678100

 

  1.   Name of Reporting Persons:  FJ Capital Long/Short Equity Fund LLC  
     
     
  2.   Check the Appropriate Box If a Member of a Group a.
    b.
     
  3.   SEC Use Only  
     
     
  4.   Source of Funds:          WC  
     
     
  5.   Check If Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
     
     
  6.   Citizenship or Place of Organization:  Delaware  
     
     
  Number of Shares Beneficially Owned by Each Reporting Person With  
     
  7.   Sole Voting Power  92,442  
     
  8.   Shared Voting Power   
     
  9.   Sole Dispositive Power   92,442  
     
  10.  Shared Dispositive Power   
     
11.  Aggregate Amount Beneficially Owned by Each Reporting Person   92,442  
   
   
12.  Check If the Aggregate Amount in Row 11 Excludes Certain Shares
   
   
13.  Percent of Class Represented by Amount in Row 11  6.60%  
   
   
14.  Type of Reporting Person  PN  
   
   
       

 

 

 
 

 

CUSIP No 952678100

 

  1.   Name of Reporting Persons:  Martin S Friedman  
     
     
  2.   Check the Appropriate Box If a Member of a Group a.
    b.
     
  3.   SEC Use Only  
     
     
  4.   Source of Funds:          PF, WC  
     
     
  5.   Check If Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
     
     
  6.   Citizenship or Place of Organization:  Delaware  
     
     
  Number of Shares Beneficially Owned by Each Reporting Person With  
     
  7.   Sole Voting Power  97,442  
     
  8.   Shared Voting Power   
     
  9.   Sole Dispositive Power   97,442  
     
  10.  Shared Dispositive Power   
     
11.  Aggregate Amount Beneficially Owned by Each Reporting Person   97,442  
   
   
12.  Check If the Aggregate Amount in Row 11 Excludes Certain Shares
   
   
13.  Percent of Class Represented by Amount in Row 11   7.0%  
   
   
14.  Type of Reporting Person  IN  
   
   
       

 

 
 

 

Item 1. Security and Issuer

 

This statement on Schedule 13-D is filed on behalf of FJ Capital Long/Short Equity Fund LLC, a Delaware limited Liability company (“FJ Capital LLC) and Martin S Friedman for its beneficial ownership of shares of Common stock (“the shares”) of West End Indiana Bancshares, Inc. (“the issuer”) is herby amended as set forth below: such statement on Schedule 13D is hereinafter referred to as the “Schedule 13D”. Terms used herein which are defined in the Schedule 13D shall have their respective meanings set forth in the Schedule 13D.

 

This Statement relates to the common stock of West End Indiana Bancshares, Inc. (the “company”), an Maryland corporation, The Company’s principal executive offices are located at 34 South 7th Street, Richmond, Indiana 47374.

 

Item 2. Identity and Background

 

(a)-(c)This statement is filed by FJ capital LLC and Martin S Friedman with respect to the shares of Common Stock beneficially owned by it

The business address of FJ Capital LLC and Martin S Friedman is 1313 Dolley Madison, Blvd Ste 306 McLean, VA 22101

The principal employment of FJ Capital LLC is a private investment partnership engaged in the purchase and sale of securities for its own account. Martin S. Friedman is the managing member of FJ Capital LLC.

 

(d)During the past five years, Martin S Friedman or FJ Capital LLC have not been convicted in a criminal proceeding
(Excluding traffic violations or similar misdemeanors)

 

(e)During the past five years, Martin S Friedman or FJ Capital LLC has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and, as a result of such proceeding, was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, Federal or State securities laws or finding any violation with respect to such laws.

 

(f)Martin S. Friedman is a citizen of the United States.

 

Item 3. Source and Amount of Funds or Other Consideration

 

All purchases made by FJ Capital, LLC have been made with working capital including funds that were borrowed via margin account loans. All Purchases made by Martin S Friedman have been made with personal funds including funds borrowed via margin account loans.

 

Item 4. Purpose of Transaction

 

The purpose of the acquisition of shares of common stock of the company is to profit from appreciation in the market price of the shares of Common Stock and through the payment of dividends.

 

 

Item 5. Interest in Securities of the Issuer

 

All percentages given for ownership of the outstanding common stock are based on 1,401,008 shares of common stock outstanding as of August 13, 2012, as reported on the company’s Form 10-Q for the quarter ended June 30, 2012.

 

(a)As of the date of this filing, the reporting persons beneficially own an aggregate of 97,442 shares of the common stock representing 7% of the outstanding shares.
 
 

(b)The reporting person’s posses sole power to vote and dispose of an aggregate of 97,442 shares of common stock.

 

(c)A. Within the past sixty days, FJ Capital Long/Short equity fund has purchased 25,291 shares of common stock for a total of $380,882.

 

1.On 10/22/2012 FJ Capital purchased 10,000 shares at $15 for a total of $150,600
2.On 10/23/2012 FJ Capital purchased 15,291 shares at $15 for a total of $230,282

 

Martin S Friedman has no purchases within the past sixty days.

 

(d)Because he is the managing member of FJ Capital LLC, Martin S. Friedman has the power to direct the affairs of FJ Capital LLC.

 

Item 6.  Contract, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

 

Except as otherwise described herein, there are no agreements, arrangements, understandings or relationships relating to any securities of the Company, including the common stock, including with respect to the transfer of voting thereof.

 

Item 7.  Materials to Be Filed as Exhibits

 

 

 

SIGNATURE

 

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.

 

   

 

Date: 11/2/2012

 

 

 

Date: 11/2/2012

 

 

 

 

By: /s/  Martin S. Friedman       

Name: Martin S Friedman

Managing Member FJ Capital LLC

 

 

By: /s/ Martin S. Friedman         

Name: Martin S Friedman

 

 

 

 

   

 

Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C, 1001)