Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
EFSC	Enterprise Financial Services Corp	1,632,141	$41.08M	2.5%	$12.68	+57.7%	Common	293712105
—	State Bank Financial Corporation	1,693,045	$35.01M	2.1%	$16.08	—	Common	856190103
MBWM	Mercantile Bank Corporation	1,528,911	$31.77M	1.9%	$11.94	+16.3%	Common	587376104
—	Fidelity Southern Corporation	1,485,529	$31.4M	1.9%	$12.67	—	Common	316394105
—	Sandy Spring Bancorp Inc.	1,146,693	$30.02M	1.8%	$22.87	—	Common	800363103
—	CenterState Banks, Inc.	2,015,273	$29.63M	1.8%	$9.74	—	Common	15201P109
—	Suffolk Bancorp	1,060,163	$28.96M	1.8%	$16.61	—	Common	864739107
PGC	Peapack-Gladstone Financial Corp.	1,324,019	$28.03M	1.7%	$15.94	+24.9%	Common	704699107
—	CoBiz Financial Inc.	2,000,073	$26.02M	1.6%	$8.36	—	Common	190897108
—	First Midwest Bancorp, Inc.	1,475,110	$25.87M	1.6%	$13.97	—	Common	320867104
—	CU Bancorp	1,125,614	$25.28M	1.5%	$18.04	—	Common	126534106
—	TriState Capital Holdings, Inc.	2,014,277	$25.12M	1.5%	$11.08	—	Common	89678F100
—	First NBC Bank	678,583	$23.78M	1.5%	$26.73	—	Common	32115D106
—	Pacific Continental Corporation	1,691,652	$22.52M	1.4%	$12.20	—	Common	69412V108
—	MB Financial, Inc.	688,021	$22.46M	1.4%	$26.80	—	Common	55264U108
BANR	Banner Corporation	454,908	$21.73M	1.3%	$21.83	+49.5%	Common	06652V208
—	Boston Private Financial Holdings, Inc.	1,788,363	$20.92M	1.3%	$10.70	—	Common	101119105
HTBK	Heritage Commerce Corp	1,814,232	$20.57M	1.3%	$7.21	+48.9%	Common	426927109
WTFC	Wintrust Financial Corporation	373,352	$19.95M	1.2%	$36.77	+43.8%	Common	97650W108
—	Cambridge Bancorp	389,026	$18.67M	1.1%	$39.64	—	Common	132152109
CPF	Central Pacific Financial Corp.	887,166	$18.6M	1.1%	$11.43	+29.0%	Common	154760409
—	Capital Bank Financial Corp.	595,524	$18M	1.1%	$22.96	—	Common	139794101
FRME	First Merchants Corp.	673,780	$17.67M	1.1%	$11.60	+65.4%	Common	320817109
—	Park Sterling Corp.	2,573,730	$17.5M	1.1%	$5.93	—	Common	70086Y105
HFWA	Heritage Financial Corporation	914,238	$17.21M	1.1%	$15.21	+18.9%	Common	42722X106
FBIZ	First Business Financial Services	680,728	$16.01M	1.0%	$14.08	+22.1%	Common	319390100
—	Stonegate Bank	491,017	$15.62M	1.0%	$17.86	—	Common	861811107
OSBC	Old Second Bancorp, Inc.	2,475,284	$15.42M	0.9%	$4.40	+31.5%	Common	680277100
—	BSB Bancorp, Inc.	727,546	$15.38M	0.9%	$14.71	—	Common	05573H108
—	Lakeland Bancorp, Inc.	1,330,930	$14.79M	0.9%	$11.03	—	Common	511637100
EGBN	Eagle Bancorp, Inc.	322,994	$14.7M	0.9%	$17.07	+101.1%	Common	268948106
BMRC	Bank of Marin Bancorp	299,479	$14.37M	0.9%	$13.89	+27.3%	Common	063425102
—	Southwest Bancorp, Inc.	874,007	$14.34M	0.9%	$14.01	—	Common	844767103
—	Union Bankshares Corporation	580,351	$13.93M	0.9%	$25.23	—	Common	90539J109
—	Heritage Oaks Bancorp	1,748,442	$13.92M	0.9%	$6.34	—	Common	42724R107
QCRH	QCR Holdings, Inc.	614,835	$13.45M	0.8%	$16.12	+27.6%	Common	74727A104
NBHC	National Bank Holdings Corporation	639,700	$13.13M	0.8%	$14.46	+14.8%	Common	633707104
AMH	American Homes 4 Rent	777,800	$12.51M	0.8%	$17.76	—	Common	02665T306
—	Metro Bancorp Inc.	412,556	$12.13M	0.7%	$20.30	—	Common	59161R101
WSBF	Waterstone Financial, Inc.	844,368	$11.38M	0.7%	$10.88	+20.2%	Common	94188P101
SFST	Southern First Bancshares, Inc.	553,891	$11.35M	0.7%	$12.29	+62.1%	Common	842873101
—	Codorus Valley Bancorp, Inc.	549,080	$11.15M	0.7%	$19.06	—	Common	192025104
WTBFB	W.T.B. Financial Corporation	59,025	$11.04M	0.7%	$154.58	+20.9%	Common	929334209
—	Old Line Bancshares, Inc.	666,496	$10.84M	0.7%	$13.30	—	Common	67984M100
—	Central Valley Community Bancorp	889,895	$10.77M	0.7%	$10.33	—	Common	155685100
—	Iberiabank Corp	180,534	$10.51M	0.6%	$63.67	—	Common	450828108
—	Southern National Bancorp of Virginia	880,790	$9.944M	0.6%	$10.19	—	Common	843395104
PEBO	Peoples Bancorp Inc.	468,231	$9.735M	0.6%	$24.01	-8.9%	Common	709789101
SF	Stifel Financial Corp.	216,096	$9.098M	0.6%	$20.11	+49.5%	Common	860630102
SBCF	Seacoast Banking Corporation of FL	600,829	$8.82M	0.5%	$11.18	+37.3%	Common	811707801
—	Talmer Bancorp, Inc.	529,200	$8.811M	0.5%	$15.11	—	Common	87482X101
—	First Security Group, Inc.	3,265,000	$8.13M	0.5%	$2.15	—	Common	336312202
—	First Bancshares, Inc.	458,730	$8.014M	0.5%	$14.23	—	Common	318916103
BSRR	Sierra Bancorp	490,735	$7.832M	0.5%	$9.10	+30.4%	Common	82620P102
AMBZ	American Business Bank	264,219	$7.821M	0.5%	$24.51	+18.7%	Common	02475L105
FBNC	First Bancorp	450,164	$7.653M	0.5%	$12.31	+12.5%	Common	318910106
—	Southeastern Bank Financial Corp.	233,537	$7.59M	0.5%	$23.28	—	Common	841584105
SAMG	Silvercrest Asset Management Group	686,959	$7.426M	0.5%	$14.39	-15.3%	Common	828359109
—	1st Constitution Bancorp	618,685	$7.195M	0.4%	$9.85	—	Common	31986N102
—	NorthWest Indiana Bancorp	229,951	$6.841M	0.4%	$23.62	—	Common	667516108
—	BNC Bancorp	304,926	$6.779M	0.4%	$22.23	—	Common	05566T101
—	Avenue Financial Holdings, Inc.	507,700	$6.702M	0.4%	$12.54	—	Common	05358K102
—	Baylake Corp.	467,968	$6.622M	0.4%	$12.05	—	Common	072788102
—	LegacyTexas Financial Group, Inc.	214,072	$6.525M	0.4%	$23.25	—	Common	52471Y106
—	Ameriana Bancorp	281,550	$6.476M	0.4%	$19.26	—	Common	023613102
—	Security California Bancorp	492,955	$6.408M	0.4%	$10.70	—	Common	81412M103
—	United Financial Bancorp, Inc.	485,486	$6.336M	0.4%	$13.42	—	Common	910304104
—	Community Bankers Trust Corp.	1,248,327	$6.254M	0.4%	$4.09	—	Common	203612106
—	Community Financial Corporation	265,032	$6.228M	0.4%	$20.63	—	Common	20368X101
UNTY	Unity Bancorp, Inc.	635,725	$6.211M	0.4%	$6.10	+24.8%	Common	913290102
—	FNB Bancorp	217,715	$6.15M	0.4%	$21.92	—	Common	302515101
SYBT	Stock Yards Bancorp, Inc.	165,915	$6.031M	0.4%	$19.95	+21.6%	Common	861025104
—	First of Long Island Corp.	219,543	$5.934M	0.4%	$31.42	—	Common	320734106
UCB	United Community Banks, Inc.	286,768	$5.862M	0.4%	$18.83	+8.6%	Common	90984P303
WBBW	Westbury Bancorp, Inc.	323,698	$5.768M	0.4%	$16.47	+6.1%	Common	95727P106
—	Bay Commercial Bank	469,010	$5.642M	0.3%	$9.95	—	Common	072199102
SHBI	Shore Bancshares, Inc.	579,608	$5.634M	0.3%	$9.33	+1.7%	Common	825107105
—	Aspen Insurance Holdings Limited	119,012	$5.53M	0.3%	$40.12	—	Common	G05384105
OBT	Orange County Bancorp	110,743	$5.482M	0.3%	$10.06	+19.7%	Common	68417L107
—	First Choice Bank	353,542	$5.48M	0.3%	$16.75	—	Common	319461109
—	Northwest Bancorporation, Inc.	568,781	$5.369M	0.3%	$8.81	—	Common	667337109
—	MBT Financial Corp.	840,633	$5.246M	0.3%	$5.04	—	Common	578877102
—	Mackinac Financial Corporation	516,707	$5.219M	0.3%	$9.15	—	Common	554571109
—	Charter Financial Corporation	411,395	$5.216M	0.3%	$10.46	—	Common	16122W108
—	Cardinal Financial Corporation	226,278	$5.207M	0.3%	$16.77	—	Common	14149F109
AVBH	Avidbank Holdings, Inc.	417,179	$5.152M	0.3%	$10.58	+18.1%	Common	05368J103
—	CommerceWest Bank	367,102	$5.139M	0.3%	$12.79	—	Common	20084T103
—	Yadkin Financial Corporation	237,561	$5.105M	0.3%	$14.04	—	Common	984305102
WAL	Western Alliance Bancorporation	164,894	$5.064M	0.3%	$28.07	0.0%	Common	957638109
FVCB	First Virginia Community Bank	300,000	$5.031M	0.3%	$5.53	0.0%	Common	36120Q101
SFBS	ServisFirst Bancshares, Inc.	120,600	$5.009M	0.3%	$12.46	+35.3%	Common	81768T108
FCCO	First Community Corporation	404,319	$5.005M	0.3%	$7.50	+25.4%	Common	319835104
—	SmartFinancial, Inc.	312,351	$4.701M	0.3%	$15.05	—	Common	83190L109
CNOB	ConnectOne Bancorp, Inc.	242,700	$4.684M	0.3%	$15.11	+7.1%	Common	20786W107
—	Bryn Mawr Bank Corporation	147,952	$4.597M	0.3%	$24.07	—	Common	117665109
RVSB	Riverview Bancorp, Inc.	960,564	$4.563M	0.3%	$1.91	+74.9%	Common	769397100
WTBA	West Bancorporation, Inc.	242,578	$4.548M	0.3%	$11.55	+66.0%	Common	95123P106
HTH	Hilltop Holdings Inc.	227,532	$4.507M	0.3%	$15.00	+42.7%	Common	432748101
—	California Bank of Commerce	323,986	$4.507M	0.3%	$10.80	—	Common	13005C101
—	FCB Financial Holdings, Inc.	136,871	$4.465M	0.3%	$23.07	—	Common	30255G103
—	MainStreet Bank	383,726	$4.447M	0.3%	$8.80	—	Common	56064A102
—	DCB Financial Corp	654,559	$4.418M	0.3%	$5.75	—	Common	233075100
HIFS	Hingham Institution for Savings	38,066	$4.417M	0.3%	$58.20	+76.1%	Common	433323102
—	Sussex Bancorp	353,488	$4.415M	0.3%	$10.62	—	Common	869245100
RNST	Renasant Corporation	133,413	$4.383M	0.3%	$32.12	0.0%	Common	75970E107
—	San Diego Private Bank	289,824	$4.347M	0.3%	$12.58	—	Common	79744Y100
NODB	North Dallas Bank & Trust Co.	71,687	$4.341M	0.3%	$48.15	—	Common	659012108
ISTR	Investar Holding	272,748	$4.225M	0.3%	$14.13	+10.2%	Common	46134L105
—	Paragon Commercial Corporation	173,675	$4.203M	0.3%	$21.88	—	Common	69911U403
HBNC	Horizon Bancorp	176,712	$4.197M	0.3%	$10.72	+1.9%	Common	440407104
FGFH	Foresight Financial Group, Inc.	175,133	$4.186M	0.3%	$17.55	+13.8%	Common	345526107
—	MainSource Financial Group, Inc.	205,564	$4.185M	0.3%	$14.34	—	Common	56062Y102
OVLY	Oak Valley Bancorp	439,508	$4.158M	0.3%	$8.19	+19.8%	Common	671807105
—	Bridge Bancorp Inc.	152,965	$4.086M	0.3%	$25.83	—	Common	108035106
—	Westfield Financial Inc.	524,933	$4.016M	0.2%	$7.42	—	Common	96008P104
—	Valley Commerce Bancorp	257,503	$3.94M	0.2%	$13.19	—	Common	919518100
—	First Community Financial Partners	598,508	$3.896M	0.2%	$4.62	—	Common	31985Q106
FFWM	First Foundation Inc.	170,000	$3.871M	0.2%	$9.84	0.0%	Common	32026V104
—	SBM Financial - Maine	18,000	$3.843M	0.2%	$86.50	—	Common	78404H100
—	Southcoast Financial Corporation	285,960	$3.812M	0.2%	$6.94	—	Common	84129R100
—	Centrue Financial Corporation	224,038	$3.809M	0.2%	$0.38	—	Common	15643B106
—	John Marshall Bank	248,000	$3.695M	0.2%	$17.65	—	Common	47804G103
—	Northeast Community Bancorp, Inc.	489,307	$3.645M	0.2%	$6.46	—	Common	664112109
AUBN	Auburn National Bancorporation	136,094	$3.602M	0.2%	$14.99	+24.5%	Common	050473107
PSBQ	PSB Holdings, Inc.	81,779	$3.598M	0.2%	$9.64	+50.6%	Common	69360N108
—	Enterprise Bancorp, Inc.	165,912	$3.479M	0.2%	$18.98	—	Common	293668109
PKBK	Parke Bancorp, Inc.	273,676	$3.462M	0.2%	$4.83	+53.9%	Common	700885106
—	Century Bancorp, Inc.	83,688	$3.411M	0.2%	$34.44	—	Common	156432106
—	Guaranty Federal Bancshares, Inc.	230,971	$3.388M	0.2%	$12.79	—	Common	40108P101
VABK	Virginia National Bankshares Corp.	146,909	$3.342M	0.2%	$17.96	+19.8%	Common	928031103
FMNB	Farmers National Banc Corp.	402,250	$3.306M	0.2%	$4.42	+30.4%	Common	309627107
QNBC	QNB Corp.	110,502	$3.26M	0.2%	$26.16	+13.0%	Common	74726N107
—	Carter Bank & Trust	258,558	$3.258M	0.2%	$12.21	—	Common	146102108
LFGP	Ledyard Financial Group, Inc.	58,214	$3.202M	0.2%	$15.06	+7.8%	Common	523338101
BFC	Bank First National Corporation	131,756	$3.169M	0.2%	$16.81	+18.7%	Common	06211J100
TFIN	Triumph Bancorp, Inc.	188,000	$3.158M	0.2%	$13.63	+5.3%	Common	89679E300
—	Veritex Holdings, Inc.	201,250	$3.144M	0.2%	$14.17	—	Common	923451108
BWFG	Bankwell Financial Group, Inc.	171,300	$3.131M	0.2%	$15.80	-7.7%	Common	06654A103
—	River Valley Bancorp	139,597	$3.106M	0.2%	$21.44	—	Common	768475105
OCFC	OceanFirst Financial Corp.	178,451	$3.073M	0.2%	$9.84	+26.0%	Common	675234108
—	Chemical Financial Corp.	94,897	$3.07M	0.2%	$29.34	—	Common	163731102
—	American River Bankshares	318,808	$3.067M	0.2%	$8.94	—	Common	029326105
FXNC	First National Corporation	367,720	$3.052M	0.2%	$5.09	+34.6%	Common	32106V107
ORRF	Orrstown Financial Services, Inc	176,684	$2.979M	0.2%	$11.32	+9.0%	Common	687380105
—	Xenith Bankshares, Inc.	461,932	$2.952M	0.2%	$6.09	—	Common	98410X105
—	Blackhawk Bancorp, Inc.	179,193	$2.939M	0.2%	$10.32	—	Common	09237E204
—	Premier Commercial Bancorp	501,848	$2.936M	0.2%	$4.45	—	Common	74048M100
—	Lake Shore Bancorp	217,427	$2.935M	0.2%	$12.61	—	Common	510700107
—	Presidio Bank	222,562	$2.893M	0.2%	$12.07	—	Common	74101A100
UVSP	Univest Corporation of Pennsylvania	149,153	$2.867M	0.2%	$18.40	+7.0%	Common	915271100
DHIL	Diamond Hill Investment Group, Inc.	15,288	$2.844M	0.2%	$41.91	+157.1%	Common	25264R207
FISI	Financial Institutions, Inc.	114,261	$2.831M	0.2%	$14.66	+8.6%	Common	317585404
—	Macatawa Bank Corporation	544,320	$2.82M	0.2%	$5.31	—	Common	554225102
—	Flagstar Bancorp, Inc.	133,900	$2.753M	0.2%	$18.01	—	Common	337930705
—	Fauquier Bancshares, Inc.	194,963	$2.729M	0.2%	$12.52	—	Common	312059108
—	Emclaire Financial Corp.	117,207	$2.684M	0.2%	$23.94	—	Common	290828102
CSHX	Cashmere Valley Bank	71,148	$2.668M	0.2%	$24.84	+8.8%	Common	14756K102
ABCB	Ameris Bancorp	92,051	$2.646M	0.2%	$17.91	+33.0%	Common	03076K108
—	Access National Corporation	129,764	$2.643M	0.2%	$13.05	—	Common	004337101
—	American Riviera Bank	249,797	$2.635M	0.2%	$9.81	—	Common	02932A106
MFGI	Merchants Financial Group, Inc.	61,327	$2.606M	0.2%	$9.72	+13.1%	Common	588538108
FRBA	First Bank	418,734	$2.6M	0.2%	$5.36	-0.0%	Common	31931U102
—	First Security, Inc.	112,742	$2.593M	0.2%	$27.17	—	Common	336327101
—	First Menasha Bancshares, Inc.	33,503	$2.58M	0.2%	$70.50	—	Common	32081P109
—	Puget Sound Bank	143,158	$2.577M	0.2%	$13.60	—	Common	74531Y108
—	1st Capital Bank	231,679	$2.572M	0.2%	$11.38	—	Common	31944C107
ACIC	United Insurance Holdings Corp.	193,369	$2.543M	0.2%	$10.63	+4.1%	Common	910710102
—	Green Bancorp, Inc.	220,100	$2.522M	0.2%	$12.08	—	Common	39260X100
—	West Suburban Bancorp, Inc.	6,527	$2.513M	0.2%	$347.27	—	Common	956152409
—	Bank of Southern California, N. A.	320,000	$2.512M	0.2%	$6.50	—	Common	065104101
FRBKQ	Republic First Bancorp, Inc.	670,900	$2.496M	0.2%	$2.90	+24.0%	Common	760416107
—	Chicopee Bancorp, Inc.	153,730	$2.466M	0.2%	$16.88	—	Common	168565109
—	Northway Financial, Inc.	115,267	$2.461M	0.2%	$20.47	—	Common	667270201
CBKM	Consumers Bancorp, Inc.	136,792	$2.455M	0.2%	$13.41	-4.2%	Common	210509105
FNRN	First Northern Community Bancorp	303,941	$2.416M	0.1%	$5.68	+8.3%	Common	335925103
—	BankFinancial Corporation	193,376	$2.404M	0.1%	$11.69	—	Common	06643P104
—	Guaranty Bancorp	140,942	$2.321M	0.1%	$12.08	—	Common	40075T607
—	National General Holdings Corp.	120,000	$2.315M	0.1%	$14.00	—	Common	636220303
—	WashingtonFirst Bankshares, Inc.	125,299	$2.308M	0.1%	$13.42	—	Common	940730104
—	Bank of Commerce Holdings	398,751	$2.305M	0.1%	$5.13	—	Common	06424J103
PEBK	Peoples Bancorp of North Carolina	129,178	$2.261M	0.1%	$12.04	+39.9%	Common	710577107
—	Mechanics Bank	80	$2.24M	0.1%	$26188.87	—	Common	583614102
FCNCA	First Citizens BancShares, Inc.	9,801	$2.215M	0.1%	$233.09	+1.3%	Common	31946M103
—	Suncrest Bank	305,063	$2.212M	0.1%	$6.85	—	Common	86723G109
—	National Commerce Corporation	90,000	$2.158M	0.1%	$21.96	—	Common	63546L102
—	Malvern Bancorp, Inc.	135,319	$2.118M	0.1%	$11.71	—	Common	561409103
TCBK	TriCo Bancshares	85,118	$2.091M	0.1%	$21.62	+12.3%	Common	896095106
—	Carolina Trust Bank	372,714	$2.087M	0.1%	$3.48	—	Common	144200102
QNTO	Quaint Oak Bancorp	173,000	$2.076M	0.1%	$9.90	+19.1%	Common	74732T106
—	Clifton Bancorp Inc.	148,332	$2.059M	0.1%	$11.72	—	Common	186873105
JRVR	James River Group Holdings, Ltd.	75,000	$2.017M	0.1%	$22.03	+22.9%	Common	G5005R107
FNLC	The First Bancorp, Inc.	105,200	$2.009M	0.1%	$9.14	+26.3%	Common	31866P102
—	Manning & Napier, Inc.	268,603	$1.977M	0.1%	$12.50	—	Common	56382Q102
—	Midsouth Bancorp, Inc.	167,910	$1.965M	0.1%	$14.42	—	Common	598039105
—	NewBridge Bancorp	225,000	$1.919M	0.1%	$8.80	—	Common	65080T102
BKOR	Oak Ridge Financial Services, Inc.	195,702	$1.898M	0.1%	$7.17	—	Common	671768109
—	HopFed Bancorp, Inc.	157,300	$1.88M	0.1%	$10.80	—	Common	439734104
SBNC	Southern BancShares (N.C.), Inc.	1,091	$1.855M	0.1%	$1706.30	+0.2%	Common	842243107
CCNE	CNB Financial Corporation	101,154	$1.838M	0.1%	$12.33	+5.5%	Common	126128107
EFSI	Eagle Financial Services Inc.	78,851	$1.814M	0.1%	$15.06	+8.0%	Common	26951R104
—	Federated National Holding Company	74,000	$1.777M	0.1%	$21.62	—	Common	31422T101
—	Carolina Bank Holdings, Inc.	135,400	$1.759M	0.1%	$11.81	—	Common	143785103
—	PrivateBancorp, Inc.	45,500	$1.744M	0.1%	$30.12	—	Common	742962103
TRVR	Two Rivers Financial Group, Inc.	72,487	$1.722M	0.1%	$16.71	+16.9%	Common	90206L106
—	Royal Financial, Inc.	187,185	$1.713M	0.1%	$5.44	—	Common	78027P109
—	ESSA Bancorp, Inc.	131,207	$1.7M	0.1%	$11.18	—	Common	29667D104
—	First Capital Bancorp, Inc.	355,739	$1.7M	0.1%	$4.14	—	Common	319438107
FFBB	Communities First Financial Corp.	160,616	$1.686M	0.1%	$10.38	-1.0%	Common	20344D104
—	NI Bancshares Corporation	46,496	$1.679M	0.1%	$38.63	—	Common	62913U109
TCBI	Texas Capital Bancshares, Inc.	31,936	$1.674M	0.1%	$45.57	+22.6%	Common	88224Q107
CZFS	Citizens Financial Services	34,538	$1.663M	0.1%	$34.65	-3.9%	Common	174615104
—	People's Bank of Commerce	174,473	$1.657M	0.1%	$9.67	—	Common	710311101
WASH	Washington Trust Bancorp, Inc.	42,575	$1.637M	0.1%	$19.97	+16.5%	Common	940610108
—	First BancTrust Corporation	102,940	$1.626M	0.1%	$16.27	—	Common	31868G100
PGNN	Paragon Financial Solutions, Inc.	221,312	$1.616M	0.1%	$6.37	+13.6%	Common	69912S100
—	Cordia Bancorp Inc.	435,235	$1.562M	0.1%	$3.73	—	Common	218513109
—	Independent Alliance Banks, Inc.	59,170	$1.553M	0.1%	$23.90	—	Common	45380E104
—	Atlantic Coast Financial Corporation	278,711	$1.541M	0.1%	$4.53	—	Common	048426100
—	Community Bank of Santa Maria	203,824	$1.539M	0.1%	$7.37	—	Common	203598107
FCOB	1st Colonial Bancorp	209,306	$1.52M	0.1%	$5.32	+31.2%	Common	319716106
BANC	Banc of California, Inc.	123,204	$1.512M	0.1%	$9.14	+9.0%	Common	05990K106
—	Heritage Bankshares, Inc.	95,639	$1.502M	0.1%	$13.82	—	Common	42721M101
HFBL	Home Federal Bancorp, Inc. of LA	65,576	$1.5M	0.1%	$8.77	+24.2%	Common	43708L108
—	Independent Bank Group, Inc	38,500	$1.48M	0.1%	$30.40	—	Common	45384B106
—	Select Bancorp, Inc.	200,772	$1.47M	0.1%	$6.71	—	Common	81617L108
—	Illini Corporation	36,532	$1.461M	0.1%	$42.70	—	Common	45177K206
IROQ	IF Bancorp, Inc.	85,036	$1.458M	0.1%	$16.71	-0.0%	Common	44951J105
—	Eastern Virginia Bankshares, Inc.	215,078	$1.452M	0.1%	$5.00	—	Common	277196101
—	SouthCrest Financial Group, Inc.	251,400	$1.446M	0.1%	$5.41	—	Common	84129X107
—	First Defiance Financial Corp.	39,463	$1.443M	0.1%	$22.60	—	Common	32006W106
—	Bank of Santa Clarita	152,930	$1.438M	0.1%	$9.20	—	Common	06424K100
—	Aquesta Financial Holdings, Inc.	167,808	$1.4M	0.1%	$8.46	—	Common	03842L109
MVLY	Mission Valley Bancorp	197,658	$1.384M	0.1%	$6.09	+7.8%	Common	60520E104
—	Idaho Independent Bank	163,432	$1.348M	0.1%	$7.09	—	Common	45129P105
—	HomeTown Bankshares Corporation	180,618	$1.337M	0.1%	$6.33	—	Common	43787N108
—	Fentura Financial, Inc.	94,337	$1.33M	0.1%	$10.62	—	Common	314645102
BHB	Bar Harbor Bankshares	41,408	$1.325M	0.1%	$10.17	+49.3%	Common	066849100
FGBI	First Guaranty Bancshares, Inc.	67,912	$1.301M	0.1%	$9.68	+5.6%	Common	32043P106
BUSE	First Busey Corporation	64,668	$1.285M	0.1%	$13.06	0.0%	Common	319383204
SOMC	Southern Michigan Bancorp Inc.	52,630	$1.268M	0.1%	$6.72	+32.1%	Common	84336P103
—	First Colebrook Bancorp, Inc.	60,627	$1.267M	0.1%	$21.04	—	Common	31971A107
PBNK	Pinnacle Bank	174,418	$1.247M	0.1%	$6.38	+8.8%	Common	72346K107
—	Merchants Bancshares, Inc.	41,901	$1.232M	0.1%	$29.91	—	Common	588448100
GNW	Genworth Financial, Inc.	259,822	$1.2M	0.1%	$16.23	-63.7%	Common	37247D106
—	SBT Bancorp, Inc.	58,935	$1.19M	0.1%	$28.13	—	Common	78391C106
LKFN	Lakeland Financial Corporation	26,092	$1.178M	0.1%	$13.19	+63.4%	Common	511656100
—	Sevier County Bancshares, Inc.	110,000	$1.1M	0.1%	$10.00	—	Common	81817P206
AMFC	AMB Financial Corp.	93,750	$1.031M	0.1%	$8.50	+19.9%	Common	001984103
—	PSB Holdings	105,486	$1.008M	0.1%	$5.61	—	Common	69360W108
GLBZ	Glen Burnie Bancorp	70,849	$1.005M	0.1%	$7.75	+9.7%	Common	377407101
—	Coastal Banking Co., Inc.	83,615	$1.003M	0.1%	$8.85	—	Common	19041N100
—	Professional Holding Corp.	90,000	$990K	0.1%	$11.06	—	Common	743139107
—	DNB Financial Corporation	36,292	$956K	0.1%	$17.76	—	Common	233237106
—	Town and Country Financial Corp.	73,228	$952K	0.1%	$10.62	—	Common	892039108
MBCN	Middlefield Banc Corp.	30,963	$948K	0.1%	$10.21	+13.7%	Common	596304204
—	North State Bancorp	98,614	$942K	0.1%	$5.58	—	Common	662585108
RCBC	River City Bank	7,327	$923K	0.1%	$10.03	+26.7%	Common	76803X106
—	C1 Financial, Inc.	45,000	$857K	0.1%	$19.04	—	Common	12591N109
—	Pascack Bancorp, Inc. (arb)	81,675	$845K	0.1%	$10.35	—	Common	702396102
CYFL	Century Financial Corporation	59,738	$836K	0.1%	$8.89	+14.3%	Common	15652L102
—	Commencement Bank	75,000	$821K	0.1%	$13.25	—	Common	20051L109
—	Jacksonville Bancorp, Inc.	53,850	$805K	0.0%	$12.61	—	Common	469249205
PFBC	Preferred Bank	24,600	$777K	0.0%	$16.93	+81.6%	Common	740367404
CBFV	CB Financial Services, Inc.	36,401	$770K	0.0%	$13.40	+1.0%	Common	12479G101
—	Franklin Financial Network, Inc.	33,500	$749K	0.0%	$17.31	—	Common	35352P104
—	Salisbury Bancorp, Inc.	24,606	$712K	0.0%	$26.07	—	Common	795226109
PFLC	Pacific Financial Corporation	107,521	$700K	0.0%	$4.31	-3.1%	Common	694275108
CBOE	CBOE Holdings	10,000	$671K	0.0%	$33.33	+65.3%	Common	12503M108
—	County Bancorp, Inc.	35,000	$670K	0.0%	$19.69	—	Common	221907108
—	Fox Chase Bancorp, Inc.	38,429	$667K	0.0%	$16.99	—	Common	35137T108
—	CommunityOne Bancorp	60,700	$660K	0.0%	$10.87	—	Common	20416Q108
SOME	Somerset Trust Holding Company	15,244	$655K	0.0%	$29.91	-0.6%	Common	835126103
—	Lighthouse Bank	45,479	$637K	0.0%	$11.89	—	Common	53223T106
—	Foundation Bancorp, Inc.	70,175	$625K	0.0%	$9.42	—	Common	35040A105
—	Commerce Union Bancshares, Inc.	46,950	$624K	0.0%	$13.05	—	Common	200828101
—	Village Bank and Trust Financial Corp.	28,917	$596K	0.0%	$17.39	—	Common	92705T200
—	Birmingham Bloomfield Bancshares	68,403	$581K	0.0%	$8.49	—	Common	091112102
SSBI	Summit State Bank	43,000	$562K	0.0%	$4.89	+43.7%	Common	866264203
—	Your Community Bankshares, Inc.	17,646	$513K	0.0%	$27.37	—	Common	98779U106
LOB	Live Oak Bancshares	25,000	$491K	0.0%	$19.67	0.0%	Common	53803X105
—	Bank of Napa, N.A.	55,306	$481K	0.0%	$8.47	—	Common	063770101
VLY	Valley National Bancorp, Inc.	48,451	$477K	0.0%	$9.69	+1.5%	Common	919794107
—	Sun Bancorp, Inc.	24,380	$468K	0.0%	$4.01	—	Common	86663B102
BOTJ	Bank of the James Financial Group	39,000	$437K	0.0%	$7.96	+1.0%	Common	470299108
—	Mars National Bancorp	1,054	$421K	0.0%	$407.30	—	Common	571697101
EMYB	Embassy Bancorp, Inc.	36,093	$381K	0.0%	$6.66	+31.8%	Common	290791102
—	Kentucky Bancshares, Inc.	12,126	$366K	0.0%	$30.18	—	Common	491203105
—	Old Point Financial Corporation	21,927	$344K	0.0%	$13.10	—	Common	680194107
—	America California Bank	33,000	$343K	0.0%	$10.18	—	Common	02364B101
—	First Financial Northwest, Inc.	28,200	$341K	0.0%	$10.89	—	Common	32022K102
KRNY	Kearny Financial Corp.	27,884	$320K	0.0%	$10.55	+8.4%	Common	48716P108
—	Pan Pacific Bank	69,000	$318K	0.0%	$4.61	—	Common	69806X108
BAOB	Baraboo Bancorporation, Inc.	183,334	$314K	0.0%	$1.27	+12.9%	Common	067021105
—	FirstAtlantic Financial Holdings, Inc.	34,563	$309K	0.0%	$8.94	—	Common	337651103
—	Heartland BancCorp	6,080	$298K	0.0%	$48.19	—	Common	421962101
CCFN	CCFNB Bancorp Inc.	6,000	$252K	0.0%	$21.81	+19.3%	Common	124880105
—	York Traditions Bank	20,700	$241K	0.0%	$12.03	—	Common	987159100
ONB	Old National Bancorp	17,121	$238K	0.0%	$13.50	+5.0%	Common	680033107
—	Centerpointe Community Bank	31,200	$235K	0.0%	$6.96	—	Common	15200G100
—	CNLBancshares, Inc	31,934	$224K	0.0%	$7.26	—	Common	189748106
—	AJS Bancorp, Inc.	14,500	$218K	0.0%	$13.59	—	Common	001503101
SOBS	Solvay Bank Corporation	5,819	$208K	0.0%	$19.08	0.0%	Common	83441Q105
—	Cornerstone Financial	93,071	$193K	0.0%	$2.51	—	Common	21925G102
—	Bancorp of New Jersey, Inc.	16,716	$190K	0.0%	$11.36	—	Common	059915108
—	Beneficial Mutual Bancorp, Inc.	13,312	$177K	0.0%	$11.27	—	Common	08171T102
—	Howard Bancorp, Inc.	11,187	$159K	0.0%	$11.32	—	Common	442496105
ORPB	Oregon Pacific Bancorp	46,659	$137K	0.0%	$3.25	-5.4%	Common	686040205
—	Two River Bancorp	14,394	$130K	0.0%	$9.03	—	Common	90207C105
—	State Bank Corp.	21,100	$127K	0.0%	$6.02	—	Common	856121108
—	Cascade Bancorp	15,000	$81,000	0.0%	$4.80	—	Common	147154207