Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
EFSC	Enterprise Financial Services Corp	1,448,828	$61.43M	2.6%	$12.68	+184.5%	Common	293712105
—	State Bank Financial Corporation	1,978,680	$51.68M	2.2%	$17.35	—	Common	856190103
MBWM	Mercantile Bank Corporation	1,457,974	$50.15M	2.2%	$12.07	+99.4%	Common	587376104
—	TriState Capital Holdings, Inc.	2,012,110	$46.98M	2.0%	$11.11	—	Common	89678F100
—	CU Bancorp	1,154,453	$45.77M	2.0%	$18.62	—	Common	126534106
PGC	Peapack-Gladstone Financial Corporation	1,486,687	$43.99M	1.9%	$16.58	+74.5%	Common	704699107
—	Sandy Spring Bancorp Inc.	1,060,270	$43.46M	1.9%	$22.87	—	Common	800363103
—	CenterState Banks, Inc.	1,572,929	$40.74M	1.8%	$9.91	—	Common	15201P109
—	Park Sterling Corp.	3,249,994	$40.01M	1.7%	$6.37	—	Common	70086Y105
—	First Midwest Bancorp, Inc.	1,596,540	$37.81M	1.6%	$14.43	—	Common	320867104
—	Fidelity Southern Corporation	1,571,486	$35.17M	1.5%	$13.45	—	Common	316394105
—	Lakeland Bancorp, Inc.	1,684,554	$33.02M	1.4%	$11.45	—	Common	511637100
—	CoBiz Financial Inc.	1,762,723	$29.61M	1.3%	$8.43	—	Common	190897108
OSBC	Old Second Bancorp, Inc.	2,581,182	$29.04M	1.3%	$4.48	+120.5%	Common	680277100
—	Boston Private Financial Holdings, Inc.	1,755,163	$28.79M	1.2%	$10.72	—	Common	101119105
—	Capital Bank Financial Corp.	624,132	$27.09M	1.2%	$24.52	—	Common	139794101
NBHC	National Bank Holdings Corporation	816,620	$26.54M	1.1%	$16.12	+62.7%	Common	633707104
HFWA	Heritage Financial Corporation	1,027,975	$25.44M	1.1%	$16.01	+56.4%	Common	42722X106
—	MB Financial, Inc.	588,021	$25.18M	1.1%	$26.80	—	Common	55264U108
—	Southwest Bancorp, Inc.	942,232	$24.64M	1.1%	$14.70	—	Common	844767103
—	BSB Bancorp, Inc.	814,883	$23.02M	1.0%	$16.25	—	Common	05573H108
QCRH	QCR Holdings, Inc.	525,128	$22.24M	1.0%	$16.12	+153.6%	Common	74727A104
SBCF	Seacoast Banking Corporation of Florida	880,169	$21.11M	0.9%	$14.90	+53.8%	Common	811707801
FRBKQ	Republic First Bancorp, Inc.	2,540,059	$21.08M	0.9%	$4.83	+63.9%	Common	760416107
—	Pacific Continental Corporation	839,413	$20.57M	0.9%	$12.20	—	Common	69412V108
FRME	First Merchants Corp.	519,127	$20.41M	0.9%	$12.64	+135.4%	Common	320817109
—	Paragon Commercial Corporation	380,977	$20.38M	0.9%	$28.44	—	Common	69911U403
—	First Bancshares, Inc.	708,843	$20.2M	0.9%	$18.55	—	Common	318916103
FBIZ	First Business Financial Services	763,428	$19.82M	0.9%	$14.62	+33.7%	Common	319390100
HTBK	Heritage Commerce Corp	1,403,708	$19.79M	0.9%	$7.21	+94.6%	Common	426927109
—	Stonegate Bank	418,604	$19.71M	0.8%	$22.34	—	Common	861811107
—	Codorus Valley Bancorp, Inc.	758,429	$19.65M	0.8%	$19.84	—	Common	192025104
—	Central Valley Community Bancorp	908,424	$18.62M	0.8%	$10.64	—	Common	155685100
—	Cambridge Bancorp	277,544	$18.04M	0.8%	$40.53	—	Common	132152109
—	Union Bankshares Corporation	510,351	$17.95M	0.8%	$25.23	—	Common	90539J109
SFST	Southern First Bancshares, Inc.	547,521	$17.88M	0.8%	$12.71	+168.8%	Common	842873101
AMH	American Homes 4 Rent	777,800	$17.86M	0.8%	$17.76	—	Common	02665T306
CNOB	ConnectOne Bancorp, Inc.	734,153	$17.8M	0.8%	$15.40	+31.2%	Common	20786W107
WTBFB	W.T.B. Financial Corporation	63,904	$17.57M	0.8%	$163.51	+66.0%	Common	929334209
PEBO	Peoples Bancorp Inc.	546,882	$17.31M	0.7%	$23.57	+35.6%	Common	709789101
WSBF	Waterstone Financial, Inc.	943,769	$17.22M	0.7%	$11.24	+62.5%	Common	94188P101
—	Pacific Premier Bancorp, Inc.	442,885	$17.07M	0.7%	$28.95	—	Common	69478X105
—	Allegiance Bancshares, Inc.	445,253	$16.56M	0.7%	$26.36	—	Common	01748H107
UNTY	Unity Bancorp, Inc.	965,749	$16.37M	0.7%	$9.22	+57.5%	Common	913290102
—	Iberiabank Corp	206,534	$16.34M	0.7%	$65.83	—	Common	450828108
—	Southern National Bancorp of Virginia,Inc.	964,417	$16.33M	0.7%	$10.78	—	Common	843395104
EGBN	Eagle Bancorp, Inc.	259,490	$15.49M	0.7%	$17.07	+177.5%	Common	268948106
EQBK	Equity Bancshares, Inc.	467,943	$14.87M	0.6%	$26.23	+16.9%	Common	29460X109
FBNC	First Bancorp	500,164	$14.65M	0.6%	$13.01	+88.1%	Common	318910106
—	Old Line Bancshares, Inc.	494,377	$14.08M	0.6%	$13.30	—	Common	67984M100
—	Veritex Holdings, Inc.	490,442	$13.79M	0.6%	$23.29	—	Common	923451108
CCNE	CNB Financial Corporation	546,087	$13.05M	0.6%	$16.50	+16.3%	Common	126128107
BWFG	Bankwell Financial Group, Inc.	377,094	$12.97M	0.6%	$17.82	+43.8%	Common	06654A103
NIC	Nicolet Bankshares, Inc.	263,511	$12.47M	0.5%	$37.16	+25.5%	Common	65406E102
BSRR	Sierra Bancorp	448,312	$12.3M	0.5%	$9.40	+112.8%	Common	82620P102
SHBI	Shore Bancshares, Inc.	718,456	$12.01M	0.5%	$9.91	+65.7%	Common	825107105
FFWM	First Foundation Inc.	773,398	$11.99M	0.5%	$12.41	+12.9%	Common	32026V104
—	Malvern Bancorp, Inc.	563,994	$11.88M	0.5%	$17.98	—	Common	561409103
—	1st Constitution Bancorp	626,844	$11.56M	0.5%	$10.30	—	Common	31986N102
ISTR	Investar Holding Corporation	521,313	$11.42M	0.5%	$15.62	+29.9%	Common	46134L105
SF	Stifel Financial Corp.	219,096	$11M	0.5%	$20.09	+52.2%	Common	860630102
—	First Choice Bank	538,254	$10.98M	0.5%	$16.59	—	Common	319461109
—	First of Long Island Corp.	402,915	$10.9M	0.5%	$30.07	—	Common	320734106
—	Atlantic Capital Bancshares, Inc.	566,622	$10.74M	0.5%	$14.80	—	Common	048269203
—	Enterprise Bancorp, Inc.	308,137	$10.71M	0.5%	$21.71	—	Common	293668109
—	Community Bankers Trust Corporation	1,331,705	$10.65M	0.5%	$4.19	—	Common	203612106
FRBA	First Bank	869,734	$10.39M	0.4%	$5.75	+93.4%	Common	31931U102
—	National Commerce Corporation	280,351	$10.26M	0.4%	$27.20	—	Common	63546L102
SAMG	Silvercrest Asset Management Group Inc.	757,259	$10.07M	0.4%	$14.11	-3.2%	Common	828359109
AMBZ	American Business Bank	248,642	$10.01M	0.4%	$24.92	+52.2%	Common	02475L105
—	FNB Bancorp	270,967	$9.904M	0.4%	$23.64	—	Common	302515101
—	Bank of Commerce Holdings	917,326	$9.815M	0.4%	$6.29	—	Common	06424J103
—	Community Financial Corporation	261,132	$9.401M	0.4%	$20.63	—	Common	20368X101
—	Chemical Financial Corp.	180,046	$9.209M	0.4%	$44.13	—	Common	163731102
—	MBT Financial Corp.	804,233	$9.128M	0.4%	$5.04	—	Common	578877102
HBNC	Horizon Bancorp	334,284	$8.765M	0.4%	$12.34	+41.0%	Common	440407104
BMRC	Bank of Marin Bancorp	132,870	$8.55M	0.4%	$13.89	+83.6%	Common	063425102
—	LegacyTexas Financial Group, Inc.	214,072	$8.541M	0.4%	$23.25	—	Common	52471Y106
SMBK	SmartFinancial, Inc.	398,367	$8.382M	0.4%	$16.73	+24.4%	Common	83190L208
—	Eastern Virginia Bankshares, Inc.	795,351	$8.335M	0.4%	$8.99	—	Common	277196101
—	Charter Financial Corporation	423,695	$8.334M	0.4%	$10.64	—	Common	16122W108
—	Green Bancorp, Inc.	468,011	$8.331M	0.4%	$14.82	—	Common	39260X100
—	United Financial Bancorp, Inc.	485,486	$8.258M	0.4%	$13.42	—	Common	910304104
—	Carolina Financial Corporation	275,000	$8.25M	0.4%	$23.52	—	Common	143873107
—	People's United Financial	449,954	$8.189M	0.4%	$18.20	—	Common	712704105
—	MainSource Financial Group, Inc.	248,564	$8.185M	0.4%	$16.17	—	Common	56062Y102
UCB	United Community Banks, Inc.	292,768	$8.107M	0.3%	$18.80	+51.3%	Common	90984P303
WBBW	Westbury Bancorp, Inc.	387,580	$8.069M	0.3%	$16.96	+25.4%	Common	95727P106
—	Macatawa Bank Corporation	788,293	$7.788M	0.3%	$5.54	—	Common	554225102
—	Xenith Bankshares, Inc.	304,606	$7.728M	0.3%	$25.37	—	Common	984102202
FGFH	Foresight Financial Group, Inc.	238,878	$7.489M	0.3%	$18.53	+44.6%	Common	345526107
WTFC	Wintrust Financial Corporation	107,802	$7.451M	0.3%	$36.77	+95.4%	Common	97650W108
—	DNB Financial Corporation	218,088	$7.415M	0.3%	$27.21	—	Common	233237106
FCCO	First Community Corporation	328,319	$7.223M	0.3%	$7.60	+114.2%	Common	319835104
QNBC	QNB Corp.	188,847	$7.205M	0.3%	$30.79	+22.0%	Common	74726N107
—	Bryn Mawr Bank Corporation	178,971	$7.069M	0.3%	$25.24	—	Common	117665109
—	Northwest Bancorporation, Inc.	598,281	$7.006M	0.3%	$8.84	—	Common	667337109
FVCB	First Virginia Community Bank	372,500	$7.003M	0.3%	$5.88	+29.6%	Common	36120Q101
UVSP	Univest Corporation of Pennsylvania	269,452	$6.979M	0.3%	$19.54	+43.5%	Common	915271100
SFBS	ServisFirst Bancshares, Inc.	190,900	$6.945M	0.3%	$20.02	+70.8%	Common	81768T108
BCML	BayCom Corp.	416,716	$6.834M	0.3%	$11.91	+23.6%	Common	07272M107
FBK	FB Financial Corp.	192,868	$6.82M	0.3%	$18.53	+43.5%	Common	30257X104
—	FCB Financial Holdings, Inc.	136,871	$6.782M	0.3%	$23.07	—	Common	30255G103
—	NorthWest Indiana Bancorp	173,868	$6.776M	0.3%	$24.65	—	Common	667516108
VABK	Virginia National Bankshares Corp.	209,209	$6.642M	0.3%	$19.28	+47.4%	Common	928031103
BFC	Bank First National Corporation	187,844	$6.631M	0.3%	$19.89	+47.4%	Common	06211J100
—	WashingtonFirst Bankshares, Inc.	234,794	$6.574M	0.3%	$17.65	—	Common	940730104
OBT	Orange County Bancorp	135,928	$6.457M	0.3%	$10.34	+12.7%	Common	68417L107
—	County Bancorp, Inc.	221,335	$6.432M	0.3%	$20.61	—	Common	221907108
—	Sussex Bancorp	260,447	$6.381M	0.3%	$10.65	—	Common	869245100
PBAM	Private Bancorp of America, Inc.	280,041	$6.374M	0.3%	$15.80	+36.8%	Common	74274F100
—	South State Corporation	71,152	$6.357M	0.3%	$89.34	—	Common	840441109
—	First Community Financial Partners, Inc.	497,801	$6.347M	0.3%	$4.68	—	Common	31985Q106
—	California Bank of Commerce	325,501	$6.331M	0.3%	$11.01	—	Common	13005C101
—	BankFinancial Corporation	434,271	$6.306M	0.3%	$12.16	—	Common	06643P104
OVLY	Oak Valley Bancorp	477,489	$6.303M	0.3%	$8.63	+63.6%	Common	671807105
—	Centrue Financial Corporation	240,227	$6.265M	0.3%	$16.64	—	Common	15643B205
HTH	Hilltop Holdings Inc.	227,532	$6.25M	0.3%	$15.00	+86.3%	Common	432748101
—	Aspen Insurance Holdings Limited	119,012	$6.195M	0.3%	$40.12	—	Common	G05384105
MNSB	MainStreet Bancshares, Inc.	373,726	$6.185M	0.3%	$10.23	+43.4%	Common	56064Y100
—	Fentura Financial, Inc.	343,590	$6.184M	0.3%	$14.43	—	Common	314645102
MVBF	MVB Financial Corp.	478,261	$6.098M	0.3%	$10.99	0.0%	Common	553810102
AVBH	Avidbank Holdings, Inc.	317,179	$6.058M	0.3%	$10.58	+77.7%	Common	05368J103
—	Franklin Financial Network, Inc.	155,500	$6.026M	0.3%	$37.04	—	Common	35352P104
—	Independent Alliance Banks, Inc.	93,786	$5.978M	0.3%	$27.87	—	Common	45380E104
—	American River Bankshares	400,719	$5.939M	0.3%	$9.53	—	Common	029326105
HIFS	Hingham Institution for Savings	33,463	$5.918M	0.3%	$58.20	+191.6%	Common	433323102
—	CapStar Financial Holdings, Inc.	310,000	$5.912M	0.3%	$16.92	—	Common	14070T102
FNRN	First Northern Community Bancorp	476,505	$5.527M	0.2%	$6.16	+49.8%	Common	335925103
JMSB	John Marshall Bank	248,000	$5.394M	0.2%	$17.62	0.0%	Common	47805L101
BUSE	First Busey Corporation	182,457	$5.364M	0.2%	$14.09	+52.8%	Common	319383204
WTBA	West Bancorporation, Inc.	233,578	$5.361M	0.2%	$11.55	+99.6%	Common	95123P106
TFIN	Triumph Bancorp, Inc.	203,300	$5.245M	0.2%	$14.52	+82.6%	Common	89679E300
—	Cardinal Financial Corporation	167,278	$5.008M	0.2%	$17.22	—	Common	14149F109
—	American Riviera Bank	328,265	$5.006M	0.2%	$10.37	—	Common	02932A106
BCBP	BCB Bancorp, Inc.	300,000	$4.995M	0.2%	$6.30	+49.6%	Common	055298103
—	Northway Financial, Inc.	178,128	$4.881M	0.2%	$21.54	—	Common	667270201
MFGI	Merchants Financial Group, Inc.	81,630	$4.857M	0.2%	$10.77	+43.2%	Common	588538108
—	CommerceWest Bank	262,472	$4.856M	0.2%	$12.95	—	Common	20084T103
FMNB	Farmers National Banc Corp.	338,334	$4.855M	0.2%	$4.42	+123.2%	Common	309627107
—	Bridge Bancorp Inc.	137,965	$4.829M	0.2%	$30.20	—	Common	108035106
—	First Menasha Bancshares, Inc.	33,503	$4.774M	0.2%	$79.25	—	Common	320999675
CSHX	Cashmere Valley Bank	95,258	$4.74M	0.2%	$27.48	+32.9%	Common	14756K102
—	Century Bancorp, Inc.	76,904	$4.677M	0.2%	$41.92	—	Common	156432106
TRCY	Tri City Bankshares Corporation	241,618	$4.603M	0.2%	$17.59	—	Common	895364107
—	Sunshine Bancorp, Inc.	218,000	$4.565M	0.2%	$15.41	—	Common	86777J108
—	Guaranty Bancorp	181,802	$4.427M	0.2%	$19.02	—	Common	40075T607
PSBQ	PSB Holdings, Inc.	70,263	$4.356M	0.2%	$10.40	+92.9%	Common	69360N108
—	DCB Financial Corp	241,367	$4.354M	0.2%	$5.75	—	Common	233075100
AUBN	Auburn National Bancorporation, Inc.	130,673	$4.312M	0.2%	$16.51	+44.1%	Common	050473107
SBNC	Southern BancShares (N.C.), Inc.	2,152	$4.304M	0.2%	$1792.53	+13.7%	Common	842243107
—	First Defiance Financial Corp.	85,850	$4.25M	0.2%	$38.30	—	Common	32006W106
—	Carter Bank & Trust	249,558	$4.218M	0.2%	$12.38	—	Common	146102108
—	First Security, Inc.	162,125	$4.215M	0.2%	$26.15	—	Common	336327101
—	1st Capital Bank	319,598	$4.203M	0.2%	$11.49	—	Common	31944C107
ACIC	United Insurance Holdings Corp.	261,459	$4.17M	0.2%	$10.80	+13.0%	Common	910710102
—	Blackhawk Bancorp, Inc.	164,336	$3.977M	0.2%	$10.62	—	Common	09237E204
BOTJ	Bank of the James Financial Group, Inc.	271,172	$3.967M	0.2%	$8.53	+33.0%	Common	470299108
—	Two River Bancorp	223,495	$3.949M	0.2%	$11.60	—	Common	90207C105
—	Northeast Community Bancorp, Inc.	475,600	$3.924M	0.2%	$6.46	—	Common	664112109
—	Bank of Southern California, N. A.	320,000	$3.92M	0.2%	$6.50	—	Common	065104101
—	Flagstar Bancorp, Inc.	138,900	$3.916M	0.2%	$18.37	—	Common	337930705
—	West Suburban Bancorp, Inc.	7,028	$3.911M	0.2%	$352.55	—	Common	956152409
KINS	Kingstone Companies, Inc.	240,500	$3.836M	0.2%	$11.70	0.0%	Common	496719105
PFLC	Pacific Financial Corporation	411,648	$3.828M	0.2%	$4.98	+29.7%	Common	694275108
—	Midsouth Bancorp, Inc.	247,693	$3.79M	0.2%	$12.70	—	Common	598039105
RVSB	Riverview Bancorp, Inc.	516,574	$3.694M	0.2%	$1.91	+212.1%	Common	769397100
—	First BancTrust Corporation	164,135	$3.693M	0.2%	$17.84	—	Common	31868G100
NODB	North Dallas Bank & Trust Co.	50,626	$3.617M	0.2%	$48.15	—	Common	659012108
—	Puget Sound Bank	148,358	$3.524M	0.2%	$19.31	—	Common	74532B107
—	Emclaire Financial Corp.	117,207	$3.428M	0.1%	$23.94	—	Common	290828102
—	Lake Shore Bancorp	219,879	$3.426M	0.1%	$12.65	—	Common	510700107
—	Suncrest Bank	342,503	$3.425M	0.1%	$6.92	—	Common	86723G109
PGNN	Paragon Financial Solutions, Inc.	399,532	$3.396M	0.1%	$6.59	+26.3%	Common	69912S100
—	Premier Commercial Bancorp	349,622	$3.321M	0.1%	$4.61	—	Common	74048M100
FXNC	First National Corporation	237,418	$3.286M	0.1%	$5.09	+123.1%	Common	32106V107
—	Carolina Bank Holdings, Inc.	110,400	$3.234M	0.1%	$11.81	—	Common	143785103
PPBN	Pinnacle Bankshares Corporation	112,580	$3.209M	0.1%	$15.23	+49.0%	Common	72345E102
—	Fauquier Bancshares, Inc.	176,476	$3.203M	0.1%	$12.52	—	Common	312059108
—	First NBC Bank	798,583	$3.194M	0.1%	$24.35	—	Common	32115D106
—	Mackinac Financial Corporation	226,307	$3.105M	0.1%	$9.26	—	Common	554571109
LFGP	Ledyard Financial Group, Inc.	52,364	$3.089M	0.1%	$15.11	+31.0%	Common	523338101
FFBB	Communities First Financial Corporation	224,567	$3.088M	0.1%	$10.37	+35.6%	Common	20344D104
BHB	Bar Harbor Bankshares	93,021	$3.077M	0.1%	$18.02	+17.3%	Common	066849100
—	Carolina Trust BancShares, Inc.	373,964	$2.969M	0.1%	$6.10	—	Common	14422P105
CZFS	Citizens Financial Services	55,573	$2.933M	0.1%	$35.15	+7.5%	Common	174615104
FISI	Financial Institutions, Inc.	88,261	$2.908M	0.1%	$14.66	+54.3%	Common	317585404
—	National General Holdings Corporation	120,000	$2.851M	0.1%	$14.00	—	Common	636220303
HFBL	Home Federal Bancorp, Inc. of Louisiana	96,556	$2.79M	0.1%	$9.51	+46.9%	Common	43708L108
—	SouthCrest Financial Group, Inc.	336,236	$2.774M	0.1%	$5.95	—	Common	84129X107
FCOB	1st Colonial Bancorp	246,695	$2.714M	0.1%	$5.75	+74.4%	Common	319716106
TCBI	Texas Capital Bancshares, Inc.	31,936	$2.665M	0.1%	$45.57	+84.0%	Common	88224Q107
—	Commerce Union Bancshares, Inc.	122,020	$2.654M	0.1%	$14.11	—	Common	200828101
EFSI	Eagle Financial Services Inc.	93,084	$2.644M	0.1%	$15.23	+30.0%	Common	26951R104
—	SBT Bancorp, Inc.	104,718	$2.628M	0.1%	$25.01	—	Common	78391C106
BKOR	Oak Ridge Financial Services, Inc.	198,102	$2.575M	0.1%	$7.24	—	Common	671768109
BANC	Banc of California, Inc.	123,204	$2.55M	0.1%	$9.14	+65.9%	Common	05990K106
—	Howard Bancorp, Inc.	136,187	$2.547M	0.1%	$18.10	—	Common	442496105
—	Presidio Bank	143,544	$2.519M	0.1%	$12.07	—	Common	74101A100
—	Kentucky Bancshares, Inc.	67,560	$2.502M	0.1%	$32.04	—	Common	491203105
WASH	Washington Trust Bancorp, Inc.	50,575	$2.493M	0.1%	$20.38	+63.6%	Common	940610108
—	Independent Bank Group, Inc	38,500	$2.476M	0.1%	$30.40	—	Common	45384B106
CBKM	Consumers Bancorp, Inc.	136,792	$2.462M	0.1%	$13.41	-3.9%	Common	210509105
—	Federated National Holding Company	138,000	$2.405M	0.1%	$20.26	—	Common	31422T101
CYFL	Century Financial Corporation	125,515	$2.385M	0.1%	$11.03	+27.2%	Common	15652L102
SOMC	Southern Michigan Bancorp Inc.	69,430	$2.326M	0.1%	$7.65	+68.0%	Common	84336P103
MVLY	Mission Valley Bancorp	218,908	$2.281M	0.1%	$6.22	+60.6%	Common	60520E104
FGBI	First Guaranty Bancshares, Inc.	92,477	$2.238M	0.1%	$9.61	+41.5%	Common	32043P106
—	HCSB Financial Corporation	22,238,470	$2.224M	0.1%	$0.12	—	Common	40413R107
QNTO	Quaint Oak Bancorp	173,000	$2.216M	0.1%	$9.90	+25.0%	Common	74732T106
FNB	F.N.B. Corporation	148,867	$2.214M	0.1%	$10.85	0.0%	Common	302520101
—	People's Bank of Commerce	186,887	$2.196M	0.1%	$9.61	—	Common	710311101
TCBK	TriCo Bancshares	59,618	$2.118M	0.1%	$21.62	+64.3%	Common	896095106
—	Bank of Santa Clarita	159,930	$2.116M	0.1%	$9.29	—	Common	06424K100
—	York Traditions Bank	126,465	$2.061M	0.1%	$13.46	—	Common	987159100
TRVR	Two Rivers Financial Group, Inc.	89,608	$2.061M	0.1%	$17.18	+11.4%	Common	90206L106
PBNK	Pinnacle Bank	235,317	$2.047M	0.1%	$6.69	+12.7%	Common	72346K107
—	Coastal Banking Co., Inc.	118,365	$2.036M	0.1%	$10.90	—	Common	19041N100
—	ESSA Bancorp, Inc.	138,218	$2.015M	0.1%	$11.51	—	Common	29667D104
—	Aquesta Financial Holdings, Inc.	210,856	$1.929M	0.1%	$8.49	—	Common	03842L109
MBCN	Middlefield Banc Corp.	41,241	$1.862M	0.1%	$11.32	+39.8%	Common	596304204
—	Community Bank	11,050	$1.834M	0.1%	$165.97	—	Common	203507108
—	HomeTown Bankshares Corporation	187,842	$1.822M	0.1%	$6.43	—	Common	43787N108
—	GrandSouth Bancorporation	125,000	$1.813M	0.1%	$9.47	—	Common	386627301
CVBF	CVB Financial Corp.	81,975	$1.811M	0.1%	$16.57	0.0%	Common	126600105
—	Standard AVB Financial Corp.	68,065	$1.804M	0.1%	$26.50	—	Common	85303B100
—	FirstAtlantic Financial Holdings, Inc.	140,788	$1.781M	0.1%	$10.17	—	Common	337651103
—	First Colebrook Bancorp, Inc.	81,627	$1.775M	0.1%	$21.21	—	Common	31971A107
—	Community Bank of Santa Maria	173,824	$1.721M	0.1%	$7.37	—	Common	203598107
CZBC	Citizens Bancorp	115,282	$1.683M	0.1%	$10.42	+14.1%	Common	172950107
IROQ	IF Bancorp, Inc.	84,072	$1.673M	0.1%	$16.71	+18.0%	Common	44951J105
EMYB	Embassy Bancorp, Inc.	115,052	$1.611M	0.1%	$11.37	0.0%	Common	290791102
—	Manning & Napier, Inc.	278,603	$1.588M	0.1%	$12.32	—	Common	56382Q102
SSBI	Summit State Bank	121,443	$1.585M	0.1%	$6.93	+30.0%	Common	866264203
SOME	Somerset Trust Holding Company	33,624	$1.557M	0.1%	$30.38	+10.6%	Common	835126103
AMFC	AMB Financial Corp.	93,750	$1.538M	0.1%	$8.50	+76.3%	Common	001984103
INBK	First Internet Bancorp	52,000	$1.534M	0.1%	$27.26	+12.2%	Common	320557101
—	PB Bancorp, Inc.	150,301	$1.533M	0.1%	$8.65	—	Common	70454T100
—	Bank of Napa, N.A.	114,069	$1.443M	0.1%	$9.53	—	Common	063770101
—	BNC Bancorp	40,907	$1.434M	0.1%	$22.32	—	Common	05566T101
—	Clifton Bancorp Inc.	83,332	$1.349M	0.1%	$11.72	—	Common	186873105
—	Lighthouse Bank	74,595	$1.32M	0.1%	$13.21	—	Common	53223T106
—	Middleburg Financial Corporation	30,600	$1.225M	0.1%	$40.03	—	Common	596094102
—	Professional Holding Corp.	90,000	$1.215M	0.1%	$11.06	—	Common	743139107
RCBC	River City Bank	7,827	$1.213M	0.1%	$10.20	+50.2%	Common	76803X106
—	Sevier County Bancshares, Inc.	110,000	$1.172M	0.1%	$10.00	—	Common	81817P206
—	Commencement Bank	89,000	$1.077M	0.0%	$12.80	—	Common	20051L109
CBFV	CB Financial Services, Inc.	36,401	$1.03M	0.0%	$13.40	+40.1%	Common	12479G101
DHIL	Diamond Hill Investment Group, Inc.	5,255	$1.022M	0.0%	$41.91	+180.8%	Common	25264R207
—	Salisbury Bancorp, Inc.	26,216	$1.016M	0.0%	$26.30	—	Common	795226109
—	Centerpointe Community Bank	81,700	$997K	0.0%	$9.71	—	Common	15200G100
—	Delmarva Bancshares, Inc.	173,459	$959K	0.0%	$5.53	—	Common	247100100
—	Town and Country Financial Corporation	45,313	$904K	0.0%	$10.82	—	Common	892039108
—	AJS Bancorp, Inc.	56,668	$859K	0.0%	$14.66	—	Common	001503101
—	Surrey Bancorp	69,785	$834K	0.0%	$11.40	—	Common	86888W105
—	Village Bank and Trust Financial Corp.	29,133	$795K	0.0%	$17.39	—	Common	92705T200
BAOB	Baraboo Bancorporation, Inc.	177,642	$728K	0.0%	$1.75	+91.7%	Common	067021105
PKBK	Parke Bancorp, Inc.	33,910	$724K	0.0%	$5.00	+154.7%	Common	700885106
SOBS	Solvay Bank Corporation	16,899	$675K	0.0%	$19.04	+13.7%	Common	83441Q105
—	Pacific Commerce Bancorp	80,150	$645K	0.0%	$6.33	—	Common	69413A103
GLBZ	Glen Burnie Bancorp	48,949	$585K	0.0%	$7.75	+10.9%	Common	377407101
—	Santa Cruz County Bank	10,878	$435K	0.0%	$25.56	—	Common	801827106
—	Merchants Bancshares, Inc.	8,212	$400K	0.0%	$30.48	—	Common	588448100
—	Empire Bancorp Inc.	26,406	$318K	0.0%	$12.04	—	Common	291617108
—	State Bank Corp.	34,400	$270K	0.0%	$6.65	—	Common	856121108
—	Cornerstone Financial	93,071	$72,000	0.0%	$2.51	—	Common	21925G102