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
AAR Corp Com 000361105 5,590 151,940 SH   SOLE   151,480 0 460
ABM Industries Inc Com 000957100 10,463 261,563 SH   SOLE   260,753 0 810
Abraxas Petroleum Corp Com 003830106 933 905,510 SH   SOLE   905,510 0 0
Alamo Group Incorporated Com 011311107 8,480 84,855 SH   SOLE   84,615 0 240
Allied Motion Technologies Inc Com 019330109 10,050 265,177 SH   SOLE   264,537 0 640
Allscripts Healthcare Solution Com 01988P108 7,950 683,570 SH   SOLE   681,480 0 2,090
American States Water Company Com 029899101 6,462 85,880 SH   SOLE   84,490 0 1,390
Amerisafe Inc Com 03071H100 7,253 113,734 SH   SOLE   112,614 0 1,120
Andersons Inc Com 034164103 4,637 170,227 SH   SOLE   169,707 0 520
Arrow Financial Corp Com 042744102 1,447 41,652 SH   SOLE   41,652 0 0
Atkore International Group Inc Com 047649108 6,287 243,027 SH   SOLE   242,047 0 980
Atlantic Power Corp. Com 04878Q863 3,771 1,558,290 SH   SOLE   1,553,510 0 4,780
BMC Stock Holding Inc Com 05591B109 8,649 407,970 SH   SOLE   406,630 0 1,340
Bank Of Hawaii Corp Com 062540109 7,248 87,420 SH   SOLE   86,500 0 920
Baycom Corp. Com 07272M107 1,260 57,520 SH   SOLE   57,520 0 0
Bel Fuse Inc Com 077347300 1,160 67,535 SH   SOLE   67,535 0 0
Bryn Mawr Bank Corp Com 117665109 4,232 113,400 SH   SOLE   113,044 0 356
CSS Industries Inc Com 125906107 1,563 320,273 SH   SOLE   318,823 0 1,450
CVB Financial Corp Com 126600105 7,155 340,236 SH   SOLE   337,256 0 2,980
Callon Petroleum Company Com 13123X102 3,914 593,898 SH   SOLE   588,248 0 5,650
Camden National Corp Com 133034108 8,166 178,021 SH   SOLE   177,571 0 450
Casey's General Store Inc Com 147528103 7,699 49,354 SH   SOLE   48,634 0 720
Cavco Industries Inc Com 149568107 4,140 26,280 SH   SOLE   26,280 0 0
Central Valley Community Banco Com 155685100 1,686 78,546 SH   SOLE   78,546 0 0
Citi Trends Inc Com 17306X102 1,050 71,830 SH   SOLE   71,830 0 0
City Holding Company Com 177835105 7,984 104,697 SH   SOLE   104,387 0 310
Columbia Banking Systems Inc Com 197236102 7,449 205,880 SH   SOLE   203,990 0 1,890
Columbus McKinnon Corp Com 199333105 12,435 296,281 SH   SOLE   295,541 0 740
Commerce Bancshares Inc Com 200525103 4,717 79,066 SH   SOLE   77,510 0 1,556
Community Bank Systems Inc Com 203607106 6,851 104,059 SH   SOLE   103,733 0 326
Crawford and Company CL A Com 224633206 1,818 172,655 SH   SOLE   172,655 0 0
Cutera Inc Com 232109108 1,477 71,060 SH   SOLE   71,060 0 0
Darling Ingredients Inc Com 237266101 13,774 692,492 SH   SOLE   687,482 0 5,010
Dave & Buster's Entertainment Com 238337109 11,865 293,180 SH   SOLE   290,850 0 2,330
Delphi Technologies PLC Com G2709G107 5,113 255,660 SH   SOLE   254,910 0 750
Dycom Industries Inc Com 267475101 8,294 140,880 SH   SOLE   140,450 0 430
EMCOR Group Inc Com 29084Q100 7,603 86,298 SH   SOLE   85,398 0 900
Encompass Health Corporation Com 29261A100 7,912 124,870 SH   SOLE   123,325 0 1,545
Entegra Financial Corp Com 29363J108 1,077 35,753 SH   SOLE   35,753 0 0
Essent Group Limited Com G3198U102 6,329 134,690 SH   SOLE   134,690 0 0
Farmers National Banc Corp Com 309627107 1,222 82,390 SH   SOLE   82,390 0 0
Financial Institutions Inc Com 317585404 1,309 44,890 SH   SOLE   44,890 0 0
First American Financial Corp Com 31847R102 5,760 107,260 SH   SOLE   107,260 0 0
First Bancorp N.C. Com 318910106 6,597 181,150 SH   SOLE   180,590 0 560
First Financial BanCorp Com 320209109 6,359 262,534 SH   SOLE   261,714 0 820
First Financial Corp Com 320218100 7,103 176,869 SH   SOLE   176,319 0 550
Freightcar America Inc Com 357023100 2,461 419,230 SH   SOLE   417,620 0 1,610
GATX Corp Com 361448103 6,009 75,788 SH   SOLE   74,618 0 1,170
Global Brass & Copper Holdings Com 37953G103 10,682 244,270 SH   SOLE   243,560 0 710
Goodrich Petroleum Corp Com 382410843 1,139 87,650 SH   SOLE   87,650 0 0
Graham Corp Com 384556106 1,356 67,090 SH   SOLE   67,090 0 0
Granite Construction Inc Com 387328107 8,404 174,439 SH   SOLE   172,969 0 1,470
Great Lakes Dredge & Dock Corp Com 390607109 14,045 1,272,226 SH   SOLE   1,269,046 0 3,180
Great Southern Bancorp Com 390905107 8,713 145,579 SH   SOLE   145,149 0 430
Gulfport Energy Corp Com 402635304 3,279 667,760 SH   SOLE   665,390 0 2,370
Haynes International Inc Com 420877201 2,822 88,720 SH   SOLE   88,460 0 260
Heartland Financial USA Inc Com 42234Q102 4,098 91,619 SH   SOLE   91,349 0 270
Heritage Crystal Clean Inc Com 42726M106 10,432 396,490 SH   SOLE   395,520 0 970
Hibbett Sports Inc Com 428567101 1,222 67,170 SH   SOLE   67,170 0 0
Houston Wire & Cable Company Com 44244K109 3,199 610,549 SH   SOLE   609,309 0 1,240
Hub Group Inc Com 443320106 5,892 140,358 SH   SOLE   138,648 0 1,710
IEC Electronics Corp Com 44949L105 1,301 207,110 SH   SOLE   207,110 0 0
ITT Corporation Com 45073V108 6,344 96,885 SH   SOLE   95,455 0 1,430
Independence Contract Drilling Com 453415309 1,089 689,261 SH   SOLE   689,261 0 0
Intrepid Potash Inc Com 46121Y102 1,411 420,060 SH   SOLE   420,060 0 0
Investors Title Company Com 461804106 894 5,352 SH   SOLE   5,352 0 0
John Wiley & Sons Inc Com 968223206 6,391 139,360 SH   SOLE   137,610 0 1,750
Kelly Services Inc Com 488152208 8,800 336,020 SH   SOLE   334,960 0 1,060
Kimball Electronics Inc Com 49428J109 4,851 298,705 SH   SOLE   298,245 0 460
Kimball International Inc Com 494274103 3,388 194,403 SH   SOLE   193,803 0 600
Kulicke & Soffa Industries Inc Com 501242101 8,979 398,200 SH   SOLE   396,980 0 1,220
Lakeland Financial Corp Com 511656100 5,170 110,406 SH   SOLE   110,061 0 345
Landec Corporation Com 514766104 10,902 1,163,450 SH   SOLE   1,160,370 0 3,080
Lydall Inc Com 550819106 5,311 262,920 SH   SOLE   261,910 0 1,010
M/I Homes Inc Com 55305B101 11,819 414,134 SH   SOLE   413,074 0 1,060
MDC Holdings Inc Com 552676108 7,352 224,278 SH   SOLE   221,560 0 2,718
MGP Ingredients Inc Com 55303J106 11,455 172,754 SH   SOLE   172,244 0 510
MTS Systems Corp Com 553777103 7,665 130,960 SH   SOLE   130,560 0 400
Mackinac Financial Corp. Com 554571109 899 56,900 SH   SOLE   56,900 0 0
Marinemax Inc Com 567908108 1,293 78,670 SH   SOLE   78,670 0 0
Materion Corp Com 576690101 1,244 18,350 SH   SOLE   18,350 0 0
McGrath Rentcorp Com 580589109 19,200 308,922 SH   SOLE   306,622 0 2,300
Mercer Int'l Inc Com 588056101 5,653 365,409 SH   SOLE   364,459 0 950
Meredith Corp Com 589433101 11,443 207,820 SH   SOLE   207,190 0 630
Miller Industries Inc Com 600551204 8,561 278,403 SH   SOLE   277,863 0 540
Mobile Mini Inc Com 60740F105 5,594 183,820 SH   SOLE   183,250 0 570
Moog Inc Com 615394202 7,569 80,858 SH   SOLE   79,858 0 1,000
Mueller Industries Inc Com 624756102 6,008 205,253 SH   SOLE   203,003 0 2,250
NBT Bancorp Inc Com 628778102 7,477 199,340 SH   SOLE   198,740 0 600
NCR Corp. Com 62886E108 7,457 239,783 SH   SOLE   236,983 0 2,800
NI Holdings Inc Com 65342T106 714 40,550 SH   SOLE   40,550 0 0
NMI Holdings Inc Com 629209305 5,948 209,497 SH   SOLE   208,857 0 640
Northrim BanCorp Inc Com 666762109 1,440 40,391 SH   SOLE   40,391 0 0
Northwest Pipe Company Com 667746101 1,800 69,820 SH   SOLE   69,820 0 0
Nuverra Environmental Solution Com 67091K302 41 10,088 SH   SOLE   10,088 0 0
Oceanfirst Financial Corp Com 675234108 7,043 283,423 SH   SOLE   282,573 0 850
Old Line Bancshares Inc Com 67984M100 1,366 51,330 SH   SOLE   51,330 0 0
Orion Group Holdings Inc Com 68628V308 1,969 734,623 SH   SOLE   734,623 0 0
Oshkosh Corporation Com 688239201 8,954 107,249 SH   SOLE   106,139 0 1,110
Pacwest Bancorp Com 695263103 8,314 214,120 SH   SOLE   212,280 0 1,840
Penn Virginia Corp. Com 70788V102 4,018 130,980 SH   SOLE   130,580 0 400
Photonics Inc Com 719405102 1,121 136,757 SH   SOLE   136,757 0 0
Pinnacle Financial Partners In Com 72346Q104 3,121 54,291 SH   SOLE   54,127 0 164
Primerica Inc Com 74164M108 15,942 132,904 SH   SOLE   131,624 0 1,280
QEP Resources Inc Com 74733V100 5,930 820,190 SH   SOLE   818,270 0 1,920
Quad/Graphics Inc Com 747301109 5,985 756,613 SH   SOLE   747,703 0 8,910
Radiant Logistics Inc Com 75025X100 1,374 223,830 SH   SOLE   223,830 0 0
Reading International Inc Com 755408101 1,655 127,480 SH   SOLE   127,480 0 0
Regal Beloit Corp Com 758750103 7,332 89,735 SH   SOLE   89,455 0 280
SM Energy Company Com 78454L100 3,374 269,450 SH   SOLE   268,670 0 780
Sally Beauty Holdings Inc Com 79546E104 7,913 593,180 SH   SOLE   591,370 0 1,810
Sanderson Farms Inc Com 800013104 6,604 48,363 SH   SOLE   47,563 0 800
Seaworld Entertainment Inc Com 81282V100 13,871 447,449 SH   SOLE   443,389 0 4,060
Sierra Bancorp Com 82620P102 1,548 57,080 SH   SOLE   57,080 0 0
Silgan Holdings Inc Com 827048109 2,918 95,350 SH   SOLE   94,840 0 510
Silverbow Resources Inc Com 82836G102 3,445 248,730 SH   SOLE   248,060 0 670
Simpson Manufacturing Co Com 829073105 7,153 107,626 SH   SOLE   106,166 0 1,460
Southern National Bancorp Of V Com 843395104 1,094 71,430 SH   SOLE   71,430 0 0
Southwestern Energy Company Com 845467109 3,131 990,780 SH   SOLE   972,580 0 18,200
Sportmans Warehouse Holdings I Com 84920Y106 1,131 299,140 SH   SOLE   299,140 0 0
Stepan Co Com 858586100 6,810 74,089 SH   SOLE   73,929 0 160
Sterling Construction Company Com 859241101 2,508 186,890 SH   SOLE   186,890 0 0
Stewart Information Services C Com 860372101 4,747 117,250 SH   SOLE   116,880 0 370
Stock Yard Bancorp Inc Com 861025104 8,753 242,133 SH   SOLE   241,528 0 605
Stoneridge Inc Com 86183P102 12,028 381,250 SH   SOLE   380,260 0 990
Team Inc Com 878155100 1,152 75,220 SH   SOLE   75,220 0 0
Trico Bancshares Com 896095106 4,594 121,524 SH   SOLE   121,144 0 380
Triumph Bancorp Inc Com 89679E300 1,352 46,550 SH   SOLE   46,550 0 0
Twin Disc Inc Com 901476101 2,698 178,687 SH   SOLE   178,297 0 390
Universal Electronics Inc Com 913483103 5,818 141,840 SH   SOLE   141,410 0 430
Universal Stainless & Alloy Pr Com 913837100 1,239 77,440 SH   SOLE   77,440 0 0
Vishay Intertechnology Inc Com 928298108 13,956 844,767 SH   SOLE   839,249 0 5,518
Vishay Precision Group Inc Com 92835K103 1,257 30,949 SH   SOLE   30,949 0 0
Whiting Petroleum Corp Com 966387409 3,199 171,231 SH   SOLE   169,531 0 1,700
Williams Industrial Services G Com 96951A104 1,026 450,000 SH   SOLE   450,000 0 0
World Fuel Services Corp Com 981475106 8,137 226,280 SH   SOLE   226,280 0 0
Wyndham Destinations Inc Com 98310W108 7,494 170,715 SH   SOLE   170,715 0 0