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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
BANC OF CALIFORNIA INC COM 05990K106   4,599,200 397,168 SH   SOLE   397,168 0 0
BLUE RIDGE BANKSHARES INC VA COM 095825105   2,431,759 274,775 SH   SOLE   274,775 0 0
CALIFORNIA BANCORP INC COM 13005U101   1,043,445 69,563 SH   SOLE   69,563 0 0
CARTER BANKSHARES INC COM NEW 146103106   5,869,752 396,873 SH   SOLE   396,873 0 0
CB FINL SVCS INC COM 12479G101   4,454,599 215,198 SH   SOLE   215,198 0 0
CITIZENS FINL GROUP INC COM 174610105   1,654,880 63,454 SH   SOLE   63,454 0 0
CODORUS VY BANCORP INC COM 192025104   4,078,135 207,962 SH   SOLE   207,962 0 0
COLONY BANKCORP INC COM 19623P101   4,465,673 474,063 SH   SOLE   474,063 0 0
COLUMBIA BKG SYS INC COM 197236102   786,458 38,780 SH   SOLE   38,780 0 0
COMERICA INC COM 200340107   1,476,246 34,850 SH   SOLE   34,850 0 0
EAGLE BANCORP MONT INC COM 26942G100   3,062,480 231,480 SH   SOLE   231,480 0 0
F N B CORP COM 302520101   1,354,736 118,421 SH   SOLE   118,421 0 0
FIRST BANCORP N C COM 318910106   1,618,404 54,400 SH   SOLE   54,400 0 0
FIRST BANCSHARES INC MS COM 318916103   4,379,932 169,502 SH   SOLE   169,502 0 0
FIRST CTZNS BANCSHARES INC N CL A 31946M103   7,636,528 5,950 SH   SOLE   5,950 0 0
FIRST MERCHANTS CORP COM 320817109   2,654,947 94,047 SH   SOLE   94,047 0 0
FIRST NATL CORP COM 32106V107   5,148,103 311,440 SH   SOLE   311,440 0 0
FIRST NORTHWEST BANCORP COM 335834107   2,989,492 262,697 SH   SOLE   262,697 0 0
HANCOCK WHITNEY CORPORATION COM 410120109   4,652,347 121,218 SH   SOLE   121,218 0 0
HANMI FINL CORP COM NEW 410495204   1,069,749 71,651 SH   SOLE   71,651 0 0
HOMETRUST BANCSHARES INC COM 437872104   1,618,871 77,495 SH   SOLE   77,495 0 0
INVESTAR HLDG CORP COM 46134L105   2,083,441 172,043 SH   SOLE   172,043 0 0
MALVERN BANCORP INC COM 561409103   3,150,000 200,000 SH   SOLE   200,000 0 0
MERIDIAN CORPORATION COM 58958P104   2,510,427 256,166 SH   SOLE   256,166 0 0
MID PENN BANCORP INC COM 59540G107   4,352,211 197,111 SH   SOLE   197,111 0 0
MIDWEST HLDG INC COM NEW 59833J206   2,621,314 99,594 SH   SOLE   99,594 0 0
PACWEST BANCORP DEL COM 695263103   480,320 58,935 SH   SOLE   58,935 0 0
PINNACLE FINL PARTNERS INC COM 72346Q104   2,606,127 46,004 SH   SOLE   46,004 0 0
PRIMIS FINANCIAL CORP COM 74167B109   916,105 108,801 SH   SOLE   108,801 0 0
SB FINL GROUP INC COM 78408D105   3,417,031 265,710 SH   SOLE   265,710 0 0
SHORE BANCSHARES INC COM 825107105   727,297 62,915 SH   SOLE   62,915 0 0
SOUTHERN CALIF BANCORP COM 84252A106   1,166,200 85,000 SH   SOLE   85,000 0 0
SOUTHSTATE CORPORATION COM 840441109   1,692,047 25,715 SH   SOLE   25,715 0 0
SYNOVUS FINL CORP COM NEW 87161C501   2,883,370 95,318 SH   SOLE   95,318 0 0
WEBSTER FINL CORP COM 947890109   2,600,031 68,875 SH   SOLE   68,875 0 0
WESTERN ALLIANCE BANCORP COM 957638109   1,736,884 47,625 SH   SOLE   47,625 0 0
WINTRUST FINL CORP COM 97650W108   2,160,445 29,750 SH   SOLE   29,750 0 0