Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
EFSC	Enterprise Financial Services Corp	1,632,141	$46.27M	2.6%	$12.68	+85.6%	Common	293712105
MBWM	Mercantile Bank Corporation	1,528,911	$37.52M	2.1%	$11.94	+34.6%	Common	587376104
—	State Bank Financial Corporation	1,693,045	$35.6M	2.0%	$16.08	—	Common	856190103
—	Fidelity Southern Corporation	1,447,529	$32.29M	1.8%	$12.67	—	Common	316394105
—	CenterState Banks, Inc.	1,995,705	$31.23M	1.8%	$9.74	—	Common	15201P109
—	Sandy Spring Bancorp Inc.	1,146,693	$30.91M	1.8%	$22.87	—	Common	800363103
—	Suffolk Bancorp	1,060,163	$30.06M	1.7%	$16.61	—	Common	864739107
—	CU Bancorp	1,125,614	$28.55M	1.6%	$18.04	—	Common	126534106
—	TriState Capital Holdings, Inc.	2,035,377	$28.48M	1.6%	$11.11	—	Common	89678F100
PGC	Peapack-Gladstone Financial Corporation	1,324,019	$27.3M	1.6%	$15.94	+27.2%	Common	704699107
—	First Midwest Bancorp, Inc.	1,475,110	$27.19M	1.5%	$13.97	—	Common	320867104
—	CoBiz Financial Inc.	1,985,073	$26.64M	1.5%	$8.36	—	Common	190897108
—	First NBC Bank	678,583	$25.37M	1.4%	$26.73	—	Common	32115D106
—	Pacific Continental Corporation	1,691,652	$25.17M	1.4%	$12.20	—	Common	69412V108
—	MB Financial, Inc.	688,021	$22.27M	1.3%	$26.80	—	Common	55264U108
HTBK	Heritage Commerce Corp	1,814,232	$21.7M	1.2%	$7.21	+52.6%	Common	426927109
—	Boston Private Financial Holdings, Inc.	1,788,363	$20.28M	1.2%	$10.70	—	Common	101119105
CPF	Central Pacific Financial Corp.	887,166	$19.54M	1.1%	$11.43	+31.0%	Common	154760409
OSBC	Old Second Bancorp, Inc.	2,475,284	$19.41M	1.1%	$4.40	+49.9%	Common	680277100
—	Capital Bank Financial Corp.	595,524	$19.05M	1.1%	$22.96	—	Common	139794101
—	Park Sterling Corp.	2,573,730	$18.84M	1.1%	$5.93	—	Common	70086Y105
—	Cambridge Bancorp	385,026	$18.25M	1.0%	$39.64	—	Common	132152109
WTFC	Wintrust Financial Corporation	368,352	$17.87M	1.0%	$36.77	+38.8%	Common	97650W108
—	Lakeland Bancorp, Inc.	1,514,363	$17.85M	1.0%	$11.12	—	Common	511637100
HFWA	Heritage Financial Corporation	914,238	$17.22M	1.0%	$15.21	+24.3%	Common	42722X106
—	BSB Bancorp, Inc.	727,546	$17.02M	1.0%	$14.71	—	Common	05573H108
FBIZ	First Business Financial Services	660,728	$16.52M	0.9%	$14.08	+35.6%	Common	319390100
EGBN	Eagle Bancorp, Inc.	322,994	$16.3M	0.9%	$17.07	+129.4%	Common	268948106
FRME	First Merchants Corp.	634,880	$16.14M	0.9%	$11.60	+69.2%	Common	320817109
—	Stonegate Bank	491,017	$16.14M	0.9%	$17.86	—	Common	861811107
BMRC	Bank of Marin Bancorp	299,479	$15.99M	0.9%	$13.89	+40.3%	Common	063425102
—	Southwest Bancorp, Inc.	897,107	$15.68M	0.9%	$14.10	—	Common	844767103
—	Codorus Valley Bancorp, Inc.	748,533	$15.22M	0.9%	$19.40	—	Common	192025104
QCRH	QCR Holdings, Inc.	614,835	$14.93M	0.9%	$16.12	+37.0%	Common	74727A104
—	Heritage Oaks Bancorp	1,848,442	$14.81M	0.8%	$6.43	—	Common	42724R107
—	Union Bankshares Corporation	560,351	$14.14M	0.8%	$25.23	—	Common	90539J109
NBHC	National Bank Holdings Corporation	639,700	$13.67M	0.8%	$14.46	+20.4%	Common	633707104
WTBFB	W.T.B. Financial Corporation	66,809	$13.23M	0.8%	$158.44	+18.5%	Common	929334209
SFST	Southern First Bancshares, Inc.	580,043	$13.17M	0.8%	$12.71	+69.5%	Common	842873101
AMH	American Homes 4 Rent	777,800	$12.96M	0.7%	$17.76	—	Common	02665T306
WSBF	Waterstone Financial, Inc.	918,568	$12.95M	0.7%	$11.11	+23.0%	Common	94188P101
—	Metro Bancorp Inc.	396,756	$12.45M	0.7%	$20.30	—	Common	59161R101
—	Southern National Bancorp of Virginia,Inc.	880,790	$11.5M	0.7%	$10.19	—	Common	843395104
—	Security California Bancorp	551,070	$11.3M	0.6%	$11.73	—	Common	81412M103
—	Old Line Bancshares, Inc.	633,496	$11.13M	0.6%	$13.30	—	Common	67984M100
—	Central Valley Community Bancorp	909,895	$10.95M	0.6%	$10.37	—	Common	155685100
—	Iberiabank Corp	180,534	$9.942M	0.6%	$63.67	—	Common	450828108
BANR	Banner Corporation	212,793	$9.759M	0.6%	$21.83	+59.6%	Common	06652V208
—	Talmer Bancorp, Inc.	529,200	$9.584M	0.5%	$15.11	—	Common	87482X101
PEBO	Peoples Bancorp Inc.	502,231	$9.462M	0.5%	$23.75	-15.1%	Common	709789101
SF	Stifel Financial Corp.	216,096	$9.154M	0.5%	$20.11	+28.4%	Common	860630102
SBCF	Seacoast Banking Corporation of Florida	600,829	$9M	0.5%	$11.18	+37.2%	Common	811707801
BSRR	Sierra Bancorp	490,735	$8.661M	0.5%	$9.10	+34.6%	Common	82620P102
AMBZ	American Business Bank	264,219	$8.521M	0.5%	$24.51	+24.1%	Common	02475L105
SAMG	Silvercrest Asset Management Group Inc.	712,259	$8.469M	0.5%	$14.30	-18.2%	Common	828359109
FBNC	First Bancorp	450,164	$8.436M	0.5%	$12.31	+24.5%	Common	318910106
—	First Bancshares, Inc.	458,730	$8.413M	0.5%	$14.23	—	Common	318916103
—	1st Constitution Bancorp	646,107	$8.315M	0.5%	$9.97	—	Common	31986N102
UNTY	Unity Bancorp, Inc.	635,725	$7.927M	0.5%	$6.10	+33.2%	Common	913290102
—	Atlantic Capital Bancshares, Inc.	516,172	$7.732M	0.4%	$14.98	—	Common	048269203
—	Southeastern Bank Financial Corporation	233,537	$7.707M	0.4%	$23.28	—	Common	841584105
—	Avenue Financial Holdings, Inc.	507,700	$7.296M	0.4%	$12.54	—	Common	05358K102
—	Allegiance Bancshares, Inc.	305,000	$7.213M	0.4%	$23.65	—	Common	01748H107
—	NorthWest Indiana Bancorp	224,951	$6.928M	0.4%	$23.62	—	Common	667516108
—	Baylake Corp.	472,668	$6.906M	0.4%	$12.08	—	Common	072788102
—	FNB Bancorp	228,601	$6.904M	0.4%	$22.31	—	Common	302515101
—	Community Bankers Trust Corporation	1,248,327	$6.704M	0.4%	$4.09	—	Common	203612106
—	BNC Bancorp	262,778	$6.669M	0.4%	$22.23	—	Common	05566T101
—	First of Long Island Corp.	219,543	$6.586M	0.4%	$31.42	—	Common	320734106
SHBI	Shore Bancshares, Inc.	597,020	$6.496M	0.4%	$9.35	+8.6%	Common	825107105
SYBT	Stock Yards Bancorp, Inc.	165,915	$6.27M	0.4%	$19.95	+28.6%	Common	861025104
HBNC	Horizon Bancorp	224,142	$6.267M	0.4%	$10.96	+8.2%	Common	440407104
—	United Financial Bancorp, Inc.	485,486	$6.253M	0.4%	$13.42	—	Common	910304104
FCCO	First Community Corporation	410,819	$6.129M	0.3%	$7.54	+36.5%	Common	319835104
—	Mackinac Financial Corporation	526,707	$6.052M	0.3%	$9.20	—	Common	554571109
WBBW	Westbury Bancorp, Inc.	333,746	$6.007M	0.3%	$16.51	+7.2%	Common	95727P106
AVBH	Avidbank Holdings, Inc.	417,179	$5.778M	0.3%	$10.58	+25.4%	Common	05368J103
—	Aspen Insurance Holdings Limited	119,012	$5.748M	0.3%	$40.12	—	Common	G05384105
—	MBT Financial Corp.	840,633	$5.742M	0.3%	$5.04	—	Common	578877102
SFBS	ServisFirst Bancshares, Inc.	120,600	$5.732M	0.3%	$12.46	+56.4%	Common	81768T108
—	CommerceWest Bank	357,102	$5.714M	0.3%	$12.79	—	Common	20084T103
—	First Choice Bank	353,542	$5.657M	0.3%	$16.75	—	Common	319461109
UCB	United Community Banks, Inc.	286,768	$5.589M	0.3%	$18.83	+7.9%	Common	90984P303
—	Community Financial Corporation	265,032	$5.555M	0.3%	$20.63	—	Common	20368X101
—	Bay Commercial Bank	419,010	$5.552M	0.3%	$9.95	—	Common	072199102
—	Northwest Bancorporation, Inc.	568,781	$5.546M	0.3%	$8.81	—	Common	667337109
—	Bryn Mawr Bank Corporation	192,952	$5.542M	0.3%	$25.16	—	Common	117665109
—	Charter Financial Corporation	411,395	$5.435M	0.3%	$10.46	—	Common	16122W108
—	LegacyTexas Financial Group, Inc.	214,072	$5.356M	0.3%	$23.25	—	Common	52471Y106
OBT	Orange County Bancorp	110,743	$5.343M	0.3%	$10.06	+23.8%	Common	68417L107
—	Southcoast Financial Corporation	335,960	$5.261M	0.3%	$8.23	—	Common	84129R100
FVCB	First Virginia Community Bank	300,000	$5.175M	0.3%	$5.53	+3.5%	Common	36120Q101
SMBK	SmartFinancial, Inc.	312,353	$5.026M	0.3%	$15.29	0.0%	Common	83190L208
—	River Valley Bancorp	139,597	$4.95M	0.3%	$21.44	—	Common	768475105
—	Paragon Commercial Corporation	181,075	$4.934M	0.3%	$22.10	—	Common	69911U403
—	Cardinal Financial Corporation	216,278	$4.92M	0.3%	$16.77	—	Common	14149F109
—	DCB Financial Corp	654,559	$4.903M	0.3%	$5.75	—	Common	233075100
—	FCB Financial Holdings, Inc.	136,871	$4.899M	0.3%	$23.07	—	Common	30255G103
—	Centrue Financial Corporation	294,038	$4.893M	0.3%	$16.64	—	Common	15643B205
ISTR	Investar Holding	277,948	$4.892M	0.3%	$14.18	+17.4%	Common	46134L105
VABK	Virginia National Bankshares Corp.	204,209	$4.891M	0.3%	$19.21	+16.7%	Common	928031103
—	NewBridge Bancorp	395,000	$4.812M	0.3%	$10.25	—	Common	65080T102
—	Macatawa Bank Corporation	794,293	$4.805M	0.3%	$5.54	—	Common	554225102
WTBA	West Bancorporation, Inc.	242,578	$4.791M	0.3%	$11.55	+71.9%	Common	95123P106
BWFG	Bankwell Financial Group, Inc.	238,907	$4.742M	0.3%	$15.68	-2.0%	Common	06654A103
—	MainStreet Bank	383,726	$4.739M	0.3%	$8.80	—	Common	56064A102
—	California Bank of Commerce	327,486	$4.732M	0.3%	$10.84	—	Common	13005C101
OVLY	Oak Valley Bancorp	453,089	$4.712M	0.3%	$8.25	+20.1%	Common	671807105
—	MainSource Financial Group, Inc.	205,564	$4.703M	0.3%	$14.34	—	Common	56062Y102
—	Sussex Bancorp	358,688	$4.695M	0.3%	$10.65	—	Common	869245100
FFWM	First Foundation Inc.	198,700	$4.687M	0.3%	$9.96	+7.2%	Common	32026V104
—	Bridge Bancorp Inc.	152,965	$4.655M	0.3%	$25.83	—	Common	108035106
PBAM	Private Bancorp of America, Inc.	289,824	$4.608M	0.3%	$15.80	0.0%	Common	74274F100
HIFS	Hingham Institution for Savings	38,066	$4.56M	0.3%	$58.20	+94.0%	Common	433323102
CNOB	ConnectOne Bancorp, Inc.	242,700	$4.536M	0.3%	$15.11	-2.0%	Common	20786W107
RVSB	Riverview Bancorp, Inc.	960,564	$4.505M	0.3%	$1.91	+89.9%	Common	769397100
NODB	North Dallas Bank & Trust Co.	71,687	$4.48M	0.3%	$48.15	—	Common	659012108
FGFH	Foresight Financial Group, Inc.	181,708	$4.47M	0.3%	$17.67	+17.5%	Common	345526107
—	First Community Financial Partners, Inc.	613,508	$4.442M	0.3%	$4.68	—	Common	31985Q106
—	Westfield Financial Inc.	524,933	$4.409M	0.3%	$7.42	—	Common	96008P104
HTH	Hilltop Holdings Inc.	227,532	$4.373M	0.2%	$15.00	+39.0%	Common	432748101
—	John Marshall Bank	248,000	$4.154M	0.2%	$17.65	—	Common	47804G103
AUBN	Auburn National Bancorporation, Inc.	138,394	$4.099M	0.2%	$15.06	+27.6%	Common	050473107
EQBK	Equity Bancshares, Inc.	175,000	$4.093M	0.2%	$22.40	0.0%	Common	29460X109
—	Valley Commerce Bancorp	257,503	$4.017M	0.2%	$13.19	—	Common	919518100
—	American River Bankshares	369,308	$3.907M	0.2%	$9.17	—	Common	029326105
—	Enterprise Bancorp, Inc.	169,872	$3.882M	0.2%	$19.07	—	Common	293668109
—	Xenith Bankshares, Inc.	513,299	$3.839M	0.2%	$6.23	—	Common	98410X105
—	Ameriana Bancorp	164,267	$3.765M	0.2%	$19.26	—	Common	023613102
CAC	Camden National Corporation	83,977	$3.703M	0.2%	$19.89	0.0%	Common	133034108
BFC	Bank First National Corporation	129,316	$3.653M	0.2%	$16.81	+22.9%	Common	06211J100
—	Century Bancorp, Inc.	83,688	$3.637M	0.2%	$34.44	—	Common	156432106
QNBC	QNB Corp.	114,410	$3.604M	0.2%	$26.29	+14.6%	Common	74726N107
OCFC	OceanFirst Financial Corp.	178,451	$3.574M	0.2%	$9.84	+35.4%	Common	675234108
—	Guaranty Federal Bancshares, Inc.	230,971	$3.522M	0.2%	$12.79	—	Common	40108P101
—	Carter Bank & Trust	258,558	$3.491M	0.2%	$12.21	—	Common	146102108
BOTJ	Bank of the James Financial Group, Inc.	269,528	$3.485M	0.2%	$8.53	+1.1%	Common	470299108
—	Northeast Community Bancorp, Inc.	489,307	$3.484M	0.2%	$6.46	—	Common	664112109
FMNB	Farmers National Banc Corp.	402,250	$3.459M	0.2%	$4.42	+32.5%	Common	309627107
PSBQ	PSB Holdings, Inc.	77,779	$3.442M	0.2%	$9.64	+53.2%	Common	69360N108
PKBK	Parke Bancorp, Inc.	273,676	$3.415M	0.2%	$4.83	+55.0%	Common	700885106
—	WashingtonFirst Bankshares, Inc.	150,299	$3.403M	0.2%	$14.95	—	Common	940730104
—	Premier Commercial Bancorp	510,083	$3.367M	0.2%	$4.49	—	Common	74048M100
ACIC	United Insurance Holdings Corp.	193,369	$3.307M	0.2%	$10.63	+25.0%	Common	910710102
FXNC	First National Corporation	367,720	$3.291M	0.2%	$5.09	+31.5%	Common	32106V107
—	Veritex Holdings, Inc.	197,860	$3.207M	0.2%	$14.17	—	Common	923451108
—	NI Bancshares Corporation	49,296	$3.204M	0.2%	$40.12	—	Common	62913U109
FISI	Financial Institutions, Inc.	114,261	$3.199M	0.2%	$14.66	+18.8%	Common	317585404
—	Blackhawk Bancorp, Inc.	179,193	$3.199M	0.2%	$10.32	—	Common	09237E204
—	Sunshine Bancorp, Inc.	210,000	$3.192M	0.2%	$15.20	—	Common	86777J108
ORRF	Orrstown Financial Services, Inc	176,684	$3.152M	0.2%	$11.32	+15.1%	Common	687380105
BCBP	BCB Bancorp, Inc.	300,000	$3.12M	0.2%	$6.30	0.0%	Common	055298103
UVSP	Univest Corporation of Pennsylvania	149,153	$3.111M	0.2%	$18.40	+9.9%	Common	915271100
TFIN	Triumph Bancorp, Inc.	188,000	$3.102M	0.2%	$13.63	+24.8%	Common	89679E300
—	Flagstar Bancorp, Inc.	133,900	$3.094M	0.2%	$18.01	—	Common	337930705
—	National Commerce Corporation	120,013	$3.006M	0.2%	$22.73	—	Common	63546L102
—	Fauquier Bancshares, Inc.	194,963	$2.973M	0.2%	$12.52	—	Common	312059108
—	Lake Shore Bancorp	217,427	$2.914M	0.2%	$12.61	—	Common	510700107
FRBKQ	Republic First Bancorp, Inc.	670,900	$2.905M	0.2%	$2.90	+42.1%	Common	760416107
DHIL	Diamond Hill Investment Group, Inc.	15,288	$2.889M	0.2%	$41.91	+169.1%	Common	25264R207
LFGP	Ledyard Financial Group, Inc.	58,214	$2.852M	0.2%	$15.06	+8.3%	Common	523338101
FRBA	First Bank	428,734	$2.834M	0.2%	$5.37	+8.2%	Common	31931U102
—	American Riviera Bank	249,797	$2.823M	0.2%	$9.81	—	Common	02932A106
—	Emclaire Financial Corp.	117,207	$2.813M	0.2%	$23.94	—	Common	290828102
—	West Suburban Bancorp, Inc.	6,717	$2.774M	0.2%	$349.13	—	Common	956152409
MFGI	Merchants Financial Group, Inc.	61,327	$2.76M	0.2%	$9.72	+16.1%	Common	588538108
—	1st Capital Bank	240,326	$2.745M	0.2%	$11.38	—	Common	31944C107
—	First Security, Inc.	112,742	$2.734M	0.2%	$27.17	—	Common	336327101
CCNE	CNB Financial Corporation	151,154	$2.725M	0.2%	$12.76	+6.8%	Common	126128107
—	Carolina Financial Corporation	150,000	$2.7M	0.2%	$18.00	—	Common	143873107
PEBK	Peoples Bancorp of North Carolina, Inc.	137,887	$2.667M	0.2%	$12.36	+38.1%	Common	710577107
—	Chicopee Bancorp, Inc.	153,730	$2.666M	0.2%	$16.88	—	Common	168565109
—	Bank of Commerce Holdings	398,751	$2.664M	0.2%	$5.13	—	Common	06424J103
—	Bank of Southern California, N. A.	320,000	$2.656M	0.2%	$6.50	—	Common	065104101
—	Access National Corporation	129,764	$2.655M	0.2%	$13.05	—	Common	004337101
—	Northway Financial, Inc.	122,628	$2.637M	0.2%	$20.53	—	Common	667270201
—	National General Holdings Corporation	120,000	$2.623M	0.1%	$14.00	—	Common	636220303
—	Presidio Bank	196,044	$2.617M	0.1%	$12.07	—	Common	74101A100
FNRN	First Northern Community Bancorp	318,458	$2.608M	0.1%	$5.71	+11.9%	Common	335925103
—	BankFinancial Corporation	204,796	$2.587M	0.1%	$11.74	—	Common	06643P104
SBNC	Southern BancShares (N.C.), Inc.	1,495	$2.579M	0.1%	$1712.33	+1.0%	Common	842243107
WAL	Western Alliance Bancorporation	71,192	$2.553M	0.1%	$28.07	+11.5%	Common	957638109
—	Puget Sound Bank	143,158	$2.541M	0.1%	$17.75	—	Common	74532B107
JRVR	James River Group Holdings, Ltd.	75,000	$2.516M	0.1%	$22.03	+37.5%	Common	G5005R107
—	Carolina Bank Holdings, Inc.	135,400	$2.497M	0.1%	$11.81	—	Common	143785103
—	First Menasha Bancshares, Inc.	33,503	$2.462M	0.1%	$70.50	—	Common	32081P109
CSHX	Cashmere Valley Bank	64,048	$2.461M	0.1%	$24.84	+10.5%	Common	14756K102
CBKM	Consumers Bancorp, Inc.	136,792	$2.394M	0.1%	$13.41	-3.2%	Common	210509105
—	Malvern Bancorp, Inc.	135,319	$2.376M	0.1%	$11.71	—	Common	561409103
—	Guaranty Bancorp	140,942	$2.331M	0.1%	$12.08	—	Common	40075T607
—	Mechanics Bank	80	$2.32M	0.1%	$26188.87	—	Common	583614102
—	Carolina Trust Bank	372,714	$2.311M	0.1%	$3.48	—	Common	144200102
—	Green Bancorp, Inc.	220,100	$2.307M	0.1%	$12.08	—	Common	39260X100
—	Manning & Napier, Inc.	268,603	$2.28M	0.1%	$12.50	—	Common	56382Q102
ABCB	Ameris Bancorp	67,051	$2.279M	0.1%	$17.91	+57.5%	Common	03076K108
—	Midsouth Bancorp, Inc.	247,693	$2.249M	0.1%	$12.70	—	Common	598039105
—	Suncrest Bank	305,063	$2.233M	0.1%	$6.85	—	Common	86723G109
BKOR	Oak Ridge Financial Services, Inc.	195,702	$2.231M	0.1%	$7.17	—	Common	671768109
—	Federated National Holding Company	74,000	$2.187M	0.1%	$21.62	—	Common	31422T101
—	SBT Bancorp, Inc.	102,618	$2.17M	0.1%	$25.16	—	Common	78391C106
—	Heritage Bankshares, Inc.	103,039	$2.155M	0.1%	$14.33	—	Common	42721M101
FNLC	The First Bancorp, Inc.	105,200	$2.153M	0.1%	$9.14	+41.0%	Common	31866P102
—	Clifton Bancorp Inc.	148,332	$2.127M	0.1%	$11.72	—	Common	186873105
QNTO	Quaint Oak Bancorp	173,000	$2.093M	0.1%	$9.90	+20.8%	Common	74732T106
—	Yadkin Financial Corporation	83,124	$2.092M	0.1%	$14.04	—	Common	984305102
—	SouthCrest Financial Group, Inc.	275,386	$2.065M	0.1%	$5.59	—	Common	84129X107
TCBK	TriCo Bancshares	75,118	$2.061M	0.1%	$21.62	+25.8%	Common	896095106
FFBB	Communities First Financial Corporation	202,305	$2.055M	0.1%	$10.37	-0.3%	Common	20344D104
EFSI	Eagle Financial Services Inc.	87,466	$2.012M	0.1%	$15.17	+6.6%	Common	26951R104
RNST	Renasant Corporation	57,948	$1.994M	0.1%	$32.12	+9.7%	Common	75970E107
—	First Capital Bancorp, Inc.	355,739	$1.978M	0.1%	$4.14	—	Common	319438107
—	Royal Financial, Inc.	196,465	$1.945M	0.1%	$5.65	—	Common	78027P109
—	HopFed Bancorp, Inc.	157,300	$1.888M	0.1%	$10.80	—	Common	439734104
BANC	Banc of California, Inc.	123,204	$1.801M	0.1%	$9.14	+18.8%	Common	05990K106
CZFS	Citizens Financial Services	36,737	$1.8M	0.1%	$34.54	-5.4%	Common	174615104
—	ESSA Bancorp, Inc.	131,207	$1.795M	0.1%	$11.18	—	Common	29667D104
MVLY	Mission Valley Bancorp	197,658	$1.779M	0.1%	$6.09	+12.1%	Common	60520E104
—	Cordia Bancorp Inc.	451,063	$1.773M	0.1%	$3.74	—	Common	218513109
—	Community Bank of Santa Maria	203,824	$1.757M	0.1%	$7.37	—	Common	203598107
—	First BancTrust Corporation	102,940	$1.724M	0.1%	$16.27	—	Common	31868G100
TRVR	Two Rivers Financial Group, Inc.	72,487	$1.722M	0.1%	$16.71	+20.7%	Common	90206L106
—	Select Bancorp, Inc.	210,772	$1.705M	0.1%	$6.78	—	Common	81617L108
—	People's Bank of Commerce	174,473	$1.684M	0.1%	$9.67	—	Common	710311101
WASH	Washington Trust Bancorp, Inc.	42,575	$1.683M	0.1%	$19.97	+18.5%	Common	940610108
—	Independent Alliance Banks, Inc.	60,170	$1.655M	0.1%	$23.96	—	Common	45380E104
—	Atlantic Coast Financial Corporation	278,711	$1.633M	0.1%	$4.53	—	Common	048426100
—	HomeTown Bankshares Corporation	180,618	$1.626M	0.1%	$6.33	—	Common	43787N108
PGNN	Paragon Financial Solutions, Inc.	221,312	$1.605M	0.1%	$6.37	+14.9%	Common	69912S100
TCBI	Texas Capital Bancshares, Inc.	31,936	$1.578M	0.1%	$45.57	+19.7%	Common	88224Q107
IROQ	IF Bancorp, Inc.	85,036	$1.573M	0.1%	$16.71	+4.4%	Common	44951J105
FCOB	1st Colonial Bancorp	209,306	$1.57M	0.1%	$5.32	+29.8%	Common	319716106
SRCE	1st Source Corporation	50,000	$1.544M	0.1%	$30.88	—	Common	336901103
—	Eastern Virginia Bankshares, Inc.	215,078	$1.544M	0.1%	$5.00	—	Common	277196101
HFBL	Home Federal Bancorp, Inc. of Louisiana	65,576	$1.525M	0.1%	$8.77	+32.3%	Common	43708L108
—	Bank of Santa Clarita	152,930	$1.514M	0.1%	$9.20	—	Common	06424K100
—	Idaho Independent Bank	176,432	$1.5M	0.1%	$7.19	—	Common	45129P105
—	C1 Financial, Inc.	60,000	$1.453M	0.1%	$20.34	—	Common	12591N109
—	First Defiance Financial Corp.	37,963	$1.434M	0.1%	$22.60	—	Common	32006W106
BHB	Bar Harbor Bankshares	41,408	$1.425M	0.1%	$10.17	+54.6%	Common	066849100
—	Aquesta Financial Holdings, Inc.	167,808	$1.418M	0.1%	$8.46	—	Common	03842L109
—	County Bancorp, Inc.	72,535	$1.414M	0.1%	$19.59	—	Common	221907108
—	Illini Corporation	36,532	$1.405M	0.1%	$42.70	—	Common	45177K206
FGBI	First Guaranty Bancshares, Inc.	74,703	$1.401M	0.1%	$9.78	+10.6%	Common	32043P106
—	Fentura Financial, Inc.	97,337	$1.349M	0.1%	$10.72	—	Common	314645102
BUSE	First Busey Corporation	64,668	$1.334M	0.1%	$13.06	+10.3%	Common	319383204
SOMC	Southern Michigan Bancorp Inc.	52,630	$1.334M	0.1%	$6.72	+39.4%	Common	84336P103
—	Merchants Bancshares, Inc.	41,901	$1.319M	0.1%	$29.91	—	Common	588448100
PBNK	Pinnacle Bank	174,418	$1.273M	0.1%	$6.38	+4.0%	Common	72346K107
—	First Colebrook Bancorp, Inc.	60,627	$1.24M	0.1%	$21.04	—	Common	31971A107
—	Independent Bank Group, Inc	38,500	$1.232M	0.1%	$30.40	—	Common	45384B106
—	Commerce Union Bancshares, Inc.	89,228	$1.223M	0.1%	$13.36	—	Common	200828101
—	Sevier County Bancshares, Inc.	110,000	$1.21M	0.1%	$10.00	—	Common	81817P206
FCNCA	First Citizens BancShares, Inc.	4,664	$1.204M	0.1%	$233.09	+2.9%	Common	31946M103
—	Fox Chase Bancorp, Inc.	58,429	$1.186M	0.1%	$18.12	—	Common	35137T108
—	DNB Financial Corporation	36,292	$1.071M	0.1%	$17.76	—	Common	233237106
—	PSB Holdings	105,486	$1.071M	0.1%	$5.61	—	Common	69360W108
—	Town and Country Financial Corporation	78,728	$1.063M	0.1%	$10.82	—	Common	892039108
—	Franklin Financial Network, Inc.	33,500	$1.051M	0.1%	$17.31	—	Common	35352P104
AMFC	AMB Financial Corp.	93,750	$1.031M	0.1%	$8.50	+19.5%	Common	001984103
—	Jacksonville Bancorp, Inc.	53,850	$1.009M	0.1%	$12.61	—	Common	469249205
MBCN	Middlefield Banc Corp.	30,963	$1.003M	0.1%	$10.21	+17.6%	Common	596304204
—	Coastal Banking Co., Inc.	83,615	$1.003M	0.1%	$8.85	—	Common	19041N100
—	Pascack Bancorp, Inc.	86,675	$997K	0.1%	$10.41	—	Common	702396102
—	Professional Holding Corp.	90,000	$990K	0.1%	$11.06	—	Common	743139107
GNW	Genworth Financial, Inc.	259,822	$969K	0.1%	$16.23	-71.5%	Common	37247D106
—	CommunityOne Bancorp	70,700	$952K	0.1%	$11.24	—	Common	20416Q108
RCBC	River City Bank	7,327	$887K	0.1%	$10.03	+21.7%	Common	76803X106
CYFL	Century Financial Corporation	59,738	$872K	0.0%	$8.89	+14.9%	Common	15652L102
GLBZ	Glen Burnie Bancorp	70,849	$853K	0.0%	$7.75	+10.3%	Common	377407101
LKFN	Lakeland Financial Corporation	18,092	$843K	0.0%	$13.19	+81.6%	Common	511656100
CBFV	CB Financial Services, Inc.	36,401	$834K	0.0%	$13.40	+9.4%	Common	12479G101
—	Salisbury Bancorp, Inc.	24,606	$824K	0.0%	$26.07	—	Common	795226109
PFBC	Preferred Bank	24,600	$812K	0.0%	$16.93	+99.7%	Common	740367404
—	Foundation Bancorp, Inc.	77,775	$769K	0.0%	$9.46	—	Common	35040A105
—	Bank of Napa, N.A.	77,406	$766K	0.0%	$8.88	—	Common	063770101
PFLC	Pacific Financial Corporation	107,521	$753K	0.0%	$4.31	+2.6%	Common	694275108
—	Commencement Bank	75,000	$743K	0.0%	$13.25	—	Common	20051L109
—	Birmingham Bloomfield Bancshares, Inc.	81,630	$706K	0.0%	$8.52	—	Common	091112102
VLY	Valley National Bancorp, Inc.	70,964	$699K	0.0%	$9.91	+4.8%	Common	919794107
—	Lighthouse Bank	45,479	$669K	0.0%	$11.89	—	Common	53223T106
SOME	Somerset Trust Holding Company	15,244	$663K	0.0%	$29.91	+1.1%	Common	835126103
CBOE	CBOE Holdings	10,000	$649K	0.0%	$33.33	+78.0%	Common	12503M108
—	Kentucky Bancshares, Inc.	20,688	$613K	0.0%	$29.95	—	Common	491203105
SSBI	Summit State Bank	43,000	$592K	0.0%	$4.89	+47.4%	Common	866264203
—	Your Community Bankshares, Inc.	17,646	$556K	0.0%	$27.37	—	Common	98779U106
—	Village Bank and Trust Financial Corp.	28,917	$549K	0.0%	$17.39	—	Common	92705T200
—	Sun Bancorp, Inc.	24,380	$503K	0.0%	$4.01	—	Common	86663B102
—	AJS Bancorp, Inc.	29,500	$436K	0.0%	$14.19	—	Common	001503101
—	Surrey Bancorp	38,000	$433K	0.0%	$11.39	—	Common	86888W105
—	Mars National Bancorp	1,054	$422K	0.0%	$407.30	—	Common	571697101
EMYB	Embassy Bancorp, Inc.	36,093	$394K	0.0%	$6.66	+34.0%	Common	290791102
—	First Financial Northwest, Inc.	28,200	$394K	0.0%	$10.89	—	Common	32022K102
SOBS	Solvay Bank Corporation	10,819	$380K	0.0%	$18.87	-1.3%	Common	83441Q105
BAOB	Baraboo Bancorporation	187,641	$366K	0.0%	$1.28	+11.0%	Common	067021105
LOB	Live Oak Bancshares	25,000	$355K	0.0%	$19.67	-21.5%	Common	53803X105
—	FirstAtlantic Financial Holdings, Inc.	34,563	$348K	0.0%	$8.94	—	Common	337651103
—	Pan Pacific Bank	69,000	$321K	0.0%	$4.61	—	Common	69806X108
—	Heartland BancCorp	6,080	$274K	0.0%	$48.19	—	Common	421962101
—	Centerpointe Community Bank	31,200	$261K	0.0%	$6.96	—	Common	15200G100
—	York Traditions Bank	20,700	$241K	0.0%	$12.03	—	Common	987159100
CCFN	CCFNB Bancorp Inc.	6,000	$238K	0.0%	$21.81	+24.4%	Common	124880105
ONB	Old National Bancorp	17,121	$232K	0.0%	$13.50	+4.8%	Common	680033107
—	Old Point Financial Corporation	11,927	$205K	0.0%	$13.10	—	Common	680194107
—	Bancorp of New Jersey, Inc.	16,716	$186K	0.0%	$11.36	—	Common	059915108
—	Beneficial Mutual Bancorp, Inc.	13,312	$177K	0.0%	$11.27	—	Common	08171T102
ORPB	Oregon Pacific Bancorp	46,659	$161K	0.0%	$3.25	-1.5%	Common	686040205
—	Howard Bancorp, Inc.	11,187	$148K	0.0%	$11.32	—	Common	442496105
—	Two River Bancorp	14,394	$143K	0.0%	$9.03	—	Common	90207C105
—	Cornerstone Financial	93,071	$141K	0.0%	$2.51	—	Common	21925G102
—	State Bank Corp.	21,100	$134K	0.0%	$6.02	—	Common	856121108
—	Cascade Bancorp	15,000	$91,000	0.0%	$4.80	—	Common	147154207