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 |
1867 Western Financial Corp | Com | 282518109 | 412,550 | 74 | SH | | SOLE | 0 | 74 | 0 | 0 |
1st Capital Bancorp | Com | 319427100 | 2,224,872 | 186,964 | SH | | SOLE | 0 | 186,964 | 0 | 0 |
1st Colonial Bancorp Inc | Com | 319716106 | 1,163,294 | 95,352 | SH | | SOLE | 0 | 95,352 | 0 | 0 |
Alpine Banks of Colorado | Com | 020810107 | 3,652,959 | 128,174 | SH | | SOLE | 0 | 128,174 | 0 | 0 |
American Business Bank | Com | 02475L105 | 1,397,784 | 39,077 | SH | | SOLE | 0 | 39,077 | 0 | 0 |
American Riviera Bancorp | Com | 02933K103 | 3,024,912 | 183,328 | SH | | SOLE | 0 | 183,328 | 0 | 0 |
Avidbank Holdings Inc | Com | 05368J103 | 0 | 0 | SH | | SOLE | 0 | 0 | 0 | 0 |
Ballston Spa Bancorp Inc | Com | 058701103 | 912,540 | 18,088 | SH | | SOLE | 0 | 18,088 | 0 | 0 |
Bancorp 34 Inc | Com | 05970V106 | 962,462 | 107,142 | SH | | SOLE | 0 | 107,142 | 0 | 0 |
Bankwell Financial Group Inc | Com | 06654A103 | 3,330,001 | 110,338 | SH | | SOLE | 0 | 110,338 | 0 | 0 |
Banner Corp | Com | 06652V208 | 3,265,714 | 60,973 | SH | | SOLE | 0 | 60,973 | 0 | 0 |
BAY Community Bancorp | Com | 072205107 | 3,575,949 | 464,409 | SH | | SOLE | 0 | 464,409 | 0 | 0 |
Boyle Bancorp Inc | Com | 103442109 | 1,657,680 | 20,721 | SH | | SOLE | 0 | 20,721 | 0 | 0 |
Canandaigua National Corp | Com | 137143103 | 1,347,465 | 6,573 | SH | | SOLE | 0 | 6,573 | 0 | 0 |
Cashmere Valley Bank | Com | 14756K102 | 4,186,524 | 83,697 | SH | | SOLE | 0 | 83,697 | 0 | 0 |
Cecil Bancorp Inc | Com | 149841306 | 551,252 | 367,501 | SH | | SOLE | 0 | 367,501 | 0 | 0 |
Central Valley Community Banco | Com | 155685100 | 3,295,262 | 147,439 | SH | | SOLE | 0 | 147,439 | 0 | 0 |
Citba Financial Corp | Com | 173024100 | 1,335,254 | 61,391 | SH | | SOLE | 0 | 61,391 | 0 | 0 |
Citizens Bancorp/OR | Com | 172950107 | 874,403 | 82,258 | SH | | SOLE | 0 | 82,258 | 0 | 0 |
Citizens Financial Group Inc | Com | 174610105 | 3,722,649 | 112,331 | SH | | SOLE | 0 | 112,331 | 0 | 0 |
CNB Community Bancorp Inc | Com | 12618F105 | 2,212,807 | 63,205 | SH | | SOLE | 0 | 63,205 | 0 | 0 |
CNB Financial Corp/PA | Com | 126128107 | 2,259,000 | 100,000 | SH | | SOLE | 0 | 100,000 | 0 | 0 |
Columbia Banking System Inc | Com | 197236102 | 4,170,137 | 156,302 | SH | | SOLE | 0 | 156,302 | 0 | 0 |
Comerica Inc | Com | 200340107 | 4,417,082 | 79,145 | SH | | SOLE | 0 | 79,145 | 0 | 0 |
Community Heritage Financial I | Com | 20370L103 | 2,128,500 | 129,000 | SH | | SOLE | 0 | 129,000 | 0 | 0 |
Community West Bancshares | Com | 204157101 | 2,918,407 | 167,821 | SH | | SOLE | 0 | 167,821 | 0 | 0 |
Cornerstone Community Bancorp | Com | 21925R108 | 4,064,062 | 143,708 | SH | | SOLE | 0 | 143,708 | 0 | 0 |
Crystal Valley Financial Corp | Com | 22941P100 | 2,809,200 | 46,820 | SH | | SOLE | 0 | 46,820 | 0 | 0 |
Embassy Bancorp Inc | Com | 290791102 | 1,603,608 | 109,089 | SH | | SOLE | 0 | 109,089 | 0 | 0 |
Enterprise Bancorp Inc/MA | Com | 293668109 | 4,389,521 | 136,067 | SH | | SOLE | 0 | 136,067 | 0 | 0 |
Exchange Bank/Santa Rosa CA | Com | 301227203 | 7,059,395 | 69,895 | SH | | SOLE | 0 | 69,895 | 0 | 0 |
Farmers & Merchants Bank of Lo | Com | 308243104 | 1,112,342 | 217 | SH | | SOLE | 0 | 217 | 0 | 0 |
Farmers and Merchants Bancshar | Com | 308856103 | 864,536 | 50,118 | SH | | SOLE | 0 | 50,118 | 0 | 0 |
Fentura Financial Inc | Com | 314645102 | 3,585,853 | 137,389 | SH | | SOLE | 0 | 137,389 | 0 | 0 |
Finwise Bancorp | Com | 31813A109 | 1,627,305 | 113,718 | SH | | SOLE | 0 | 113,718 | 0 | 0 |
First Bankers Trustshares Inc | Com | 31929F109 | 0 | 0 | SH | | SOLE | 0 | 0 | 0 | 0 |
First Busey Corp | Com | 319383204 | 5,126,596 | 206,551 | SH | | SOLE | 0 | 206,551 | 0 | 0 |
First Capital Inc | Com | 31942S104 | 1,748,186 | 62,659 | SH | | SOLE | 0 | 62,659 | 0 | 0 |
First Citizens BancShares Inc/ | Com | 31946M103 | 23,601,728 | 16,633 | SH | | SOLE | 0 | 16,633 | 0 | 0 |
First Citizens BancShares Inc/ | Com | 31946M202 | 319,965 | 249 | SH | | SOLE | 0 | 249 | 0 | 0 |
First Community Bankshares Inc | Com | 31983A103 | 2,426,192 | 65,396 | SH | | SOLE | 0 | 65,396 | 0 | 0 |
First Horizon Corp | Com | 320517105 | 3,771,927 | 266,379 | SH | | SOLE | 0 | 266,379 | 0 | 0 |
First Mid Bancshares Inc | Com | 320866106 | 4,450,483 | 128,404 | SH | | SOLE | 0 | 128,404 | 0 | 0 |
First National Corp/VA | Com | 32106V107 | 6,880,460 | 316,343 | SH | | SOLE | 0 | 316,343 | 0 | 0 |
First National of Nebraska Inc | Com | 335720108 | 8,937,500 | 715 | SH | | SOLE | 0 | 715 | 0 | 0 |
First Ottawa Bancshares Inc | Com | 335876108 | 2,873,237 | 29,621 | SH | | SOLE | 0 | 29,621 | 0 | 0 |
Five Star Bancorp | Com | 33830T103 | 3,530,294 | 134,847 | SH | | SOLE | 0 | 134,847 | 0 | 0 |
FNB Corp/PA | Com | 302520101 | 3,615,906 | 262,593 | SH | | SOLE | 0 | 262,593 | 0 | 0 |
Grand River Commerce Inc | Com | 386441109 | 0 | 0 | SH | | SOLE | 0 | 0 | 0 | 0 |
HBT Financial Inc | Com | 404111106 | 2,266,053 | 107,345 | SH | | SOLE | 0 | 107,345 | 0 | 0 |
Heartland BancCorp | Com | 421962101 | 2,327,762 | 27,067 | SH | | SOLE | 0 | 27,067 | 0 | 0 |
Heritage Commerce Corp | Com | 426927109 | 3,968,089 | 400,009 | SH | | SOLE | 0 | 400,009 | 0 | 0 |
Lakeland Bancorp Inc | Com | 511637100 | 3,372,712 | 228,040 | SH | | SOLE | 0 | 228,040 | 0 | 0 |
Ledyard Financial Group Inc | Com | 523338101 | 1,079,938 | 64,282 | SH | | SOLE | 0 | 64,282 | 0 | 0 |
M&T Bank Corp | Com | 55261F104 | 3,289,920 | 24,000 | SH | | SOLE | 0 | 24,000 | 0 | 0 |
Macatawa Bank Corp | Com | 554225102 | 4,958,237 | 439,560 | SH | | SOLE | 0 | 439,560 | 0 | 0 |
Mechanics Bank/Walnut Creek CA | Com | 583614102 | 2,064,000 | 86 | SH | | SOLE | 0 | 86 | 0 | 0 |
Merchants Financial Group Inc | Com | 588538108 | 4,967,550 | 209,160 | SH | | SOLE | 0 | 209,160 | 0 | 0 |
Middlebury National Corp | Com | 596237107 | 415,361 | 15,674 | SH | | SOLE | 0 | 15,674 | 0 | 0 |
Mission Bancorp/Bakersfield CA | Com | 605015106 | 6,279,032 | 73,012 | SH | | SOLE | 0 | 73,012 | 0 | 0 |
Mountain Commerce Bancorp Inc | Com | 624004107 | 1,576,145 | 85,197 | SH | | SOLE | 0 | 85,197 | 0 | 0 |
New York Community Bancorp Inc | Com | 649445103 | 2,472,601 | 241,701 | SH | | SOLE | 0 | 241,701 | 0 | 0 |
New York Community Bancorp Inc | Call | 649445103 | 0 | 0 | SH | | SOLE | 0 | 0 | 0 | 0 |
New York Community Bancorp Inc | Call | 649445103 | 135,397 | 190,700 | SH | | SOLE | 0 | 190,700 | 0 | 0 |
New York Community Bancorp Inc | Call | 649445103 | 0 | 0 | SH | | SOLE | 0 | 0 | 0 | 0 |
Oak Ridge Financial Services I | Com | 671768109 | 847,421 | 51,830 | SH | | SOLE | 0 | 51,830 | 0 | 0 |
Oak Valley Bancorp | Com | 671807105 | 10,739,860 | 358,593 | SH | | SOLE | 0 | 358,593 | 0 | 0 |
Old Second Bancorp Inc | Com | 680277100 | 2,517,307 | 163,038 | SH | | SOLE | 0 | 163,038 | 0 | 0 |
Open Lending Corp | Com | 68373J104 | 509,272 | 59,844 | SH | | SOLE | 0 | 59,844 | 0 | 0 |
Oregon Pacific Bancorp | Com | 686040205 | 4,637,592 | 644,110 | SH | | SOLE | 0 | 644,110 | 0 | 0 |
Oxford Bank Corp/MI | Com | 69140P100 | 3,487,092 | 111,231 | SH | | SOLE | 0 | 111,231 | 0 | 0 |
Pacific Valley Bancorp | Com | 69503T103 | 1,165,926 | 122,729 | SH | | SOLE | 0 | 122,729 | 0 | 0 |
Parke Bancorp Inc | Com | 700885106 | 2,932,544 | 144,817 | SH | | SOLE | 0 | 144,817 | 0 | 0 |
Peoples Bancorp/WA | Com | 70979X107 | 1,000,000 | 5,000 | SH | | SOLE | 0 | 5,000 | 0 | 0 |
Pinnacle Bank/Gilroy CA | Com | 72346K107 | 3,006,254 | 211,708 | SH | | SOLE | 0 | 211,708 | 0 | 0 |
Pinnacle Financial Partners In | Com | 72346Q104 | 1,294,868 | 14,846 | SH | | SOLE | 0 | 14,846 | 0 | 0 |
Plumas Bancorp | Com | 729273102 | 9,088,813 | 219,802 | SH | | SOLE | 0 | 219,802 | 0 | 0 |
Premier Financial Corp | Com | 74052F108 | 2,805,240 | 116,400 | SH | | SOLE | 0 | 116,400 | 0 | 0 |
Prime Meridian Holding Co | Com | 74164R107 | 3,322,516 | 147,014 | SH | | SOLE | 0 | 147,014 | 0 | 0 |
Private Bancorp of America Inc | Com | 74274F100 | 747,086 | 21,800 | SH | | SOLE | 0 | 21,800 | 0 | 0 |
Red River Bancshares Inc | Com | 75686R202 | 3,730,137 | 66,479 | SH | | SOLE | 0 | 66,479 | 0 | 0 |
Redwood Capital Bancorp | Com | 75777X100 | 4,144,686 | 186,278 | SH | | SOLE | 0 | 186,278 | 0 | 0 |
Security National Corp/IA | Com | 814784104 | 2,350,935 | 17,610 | SH | | SOLE | 0 | 17,610 | 0 | 0 |
Shore Bancshares Inc | Com | 825107105 | 2,782,840 | 195,287 | SH | | SOLE | 0 | 195,287 | 0 | 0 |
Solvay Bank | Com | 83441Q105 | 2,073,725 | 76,296 | SH | | SOLE | 0 | 76,296 | 0 | 0 |
Southeastern Banking Corp | Com | 84158P108 | 1,248,091 | 65,689 | SH | | SOLE | 0 | 65,689 | 0 | 0 |
Southern BancShares NC Inc | Com | 842243107 | 5,555,000 | 1,100 | SH | | SOLE | 0 | 1,100 | 0 | 0 |
Southern California Bancorp | Com | 84252A106 | 3,618,447 | 208,556 | SH | | SOLE | 0 | 208,556 | 0 | 0 |
Southern Missouri Bancorp Inc | Com | 843380106 | 4,234,574 | 79,314 | SH | | SOLE | 0 | 79,314 | 0 | 0 |
Studio Financial Holdings Inc | Com | 864001102 | 869,649 | 83,061 | SH | | SOLE | 0 | 83,061 | 0 | 0 |
Summit Bancshares Inc/CA | Com | 866010101 | 1,278,102 | 35,161 | SH | | SOLE | 0 | 35,161 | 0 | 0 |
Synovus Financial Corp | Com | 87161C501 | 4,073,504 | 108,194 | SH | | SOLE | 0 | 108,194 | 0 | 0 |
Timberland Bancorp Inc/WA | Com | 887098101 | 7,262,447 | 230,847 | SH | | SOLE | 0 | 230,847 | 0 | 0 |
Traditions Bancorp Inc | Com | 89269L102 | 3,169,642 | 173,679 | SH | | SOLE | 0 | 173,679 | 0 | 0 |
Tri City Bankshares Corp | Com | 895364107 | 1,200,897 | 93,455 | SH | | SOLE | 0 | 93,455 | 0 | 0 |
Tri-County Financial Group Inc | Com | 89546P108 | 2,699,581 | 61,917 | SH | | SOLE | 0 | 61,917 | 0 | 0 |
United BanCorp of Alabama Inc | Com | 90944R100 | 3,204,406 | 77,029 | SH | | SOLE | 0 | 77,029 | 0 | 0 |
Valley National Bancorp | Com | 919794107 | 2,775,164 | 255,540 | SH | | SOLE | 0 | 255,540 | 0 | 0 |
Veritex Holdings Inc | Com | 923451108 | 2,699,320 | 116,000 | SH | | SOLE | 0 | 116,000 | 0 | 0 |
Village Bank and Trust Financi | Com | 92705T200 | 0 | 0 | SH | | SOLE | 0 | 0 | 0 | 0 |
Wayne Savings Bancshares Inc | Com | 94624Q101 | 1,120,440 | 46,685 | SH | | SOLE | 0 | 46,685 | 0 | 0 |
West Coast Community Bancorp | Com | 801827106 | 6,430,378 | 224,446 | SH | | SOLE | 0 | 224,446 | 0 | 0 |
Woodlands Financial Services C | Com | 979685104 | 1,388,134 | 69,372 | SH | | SOLE | 0 | 69,372 | 0 | 0 |
WSFS Financial Corp | Com | 929328102 | 2,012,607 | 43,819 | SH | | SOLE | 0 | 43,819 | 0 | 0 |
WTB Financial Corp | Com | 929334209 | 3,814,272 | 12,672 | SH | | SOLE | 0 | 12,672 | 0 | 0 |
Zions Bancorp NA | Com | 989701107 | 4,443,592 | 101,290 | SH | | SOLE | 0 | 101,290 | 0 | 0 |