Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MBWM	Mercantile Bank Corporation	1,454,932	$48.38M	2.5%	$12.42	+106.2%	Common	587376104
PGC	Peapack-Gladstone Financial Corporation	1,288,747	$43.03M	2.2%	$17.03	+93.6%	Common	704699107
—	State Bank Financial Corporation	1,351,284	$40.55M	2.1%	$332.82	—	Common	856190103
—	TriState Capital Holdings, Inc.	1,670,977	$38.85M	2.0%	$11.11	—	Common	89678F100
—	Sandy Spring Bancorp Inc.	977,103	$37.87M	1.9%	$26.89	—	Common	800363103
OSBC	Old Second Bancorp, Inc.	2,382,684	$33.12M	1.7%	$4.71	+178.4%	Common	680277100
EFSC	Enterprise Financial Services Corp	697,094	$32.69M	1.7%	$12.68	+223.6%	Common	293712105
—	Fidelity Southern Corporation	1,296,323	$29.91M	1.5%	$1752.30	—	Common	316394105
—	Lakeland Bancorp, Inc.	1,464,229	$29.07M	1.5%	$11.45	—	Common	511637100
—	BSB Bancorp, Inc.	929,460	$28.44M	1.5%	$17.96	—	Common	05573H108
—	Southern National Bancorp of Virginia,Inc.	1,713,529	$27.14M	1.4%	$553.65	—	Common	843395104
—	Union Bankshares Corporation	659,642	$24.21M	1.2%	$30.56	—	Common	90539J109
—	First Bancshares, Inc.	721,364	$23.26M	1.2%	$2652.86	—	Common	318916103
SFST	Southern First Bancshares, Inc.	517,480	$23.03M	1.2%	$15.32	+186.0%	Common	842873101
—	Boston Private Financial Holdings, Inc.	1,499,163	$22.56M	1.2%	$10.72	—	Common	101119105
—	Codorus Valley Bancorp, Inc.	784,299	$22.05M	1.1%	$1683.11	—	Common	192025104
UNTY	Unity Bancorp, Inc.	962,657	$21.18M	1.1%	$9.28	+99.0%	Common	913290102
—	SB One Bancorp	689,144	$20.95M	1.1%	$30.40	—	Common	78413T103
FRBKQ	Republic First Bancorp, Inc.	2,380,904	$20.71M	1.1%	$4.83	+78.9%	Common	760416107
FBIZ	First Business Financial Services	822,818	$20.7M	1.1%	$14.99	+29.2%	Common	319390100
FFWM	First Foundation Inc.	1,095,099	$20.3M	1.0%	$13.62	+25.9%	Common	32026V104
QCRH	QCR Holdings, Inc.	446,765	$20.04M	1.0%	$17.16	+149.6%	Common	74727A104
CNOB	ConnectOne Bancorp, Inc.	679,153	$19.56M	1.0%	$15.61	+54.3%	Common	20786W107
PEBO	Peoples Bancorp Inc.	536,917	$19.03M	1.0%	$23.93	+46.0%	Common	709789101
NIC	Nicolet Bankshares, Inc.	342,532	$18.86M	1.0%	$40.54	+30.8%	Common	65406E102
—	Allegiance Bancshares, Inc.	470,487	$18.42M	0.9%	$26.93	—	Common	01748H107
FRBA	First Bank	1,273,861	$18.34M	0.9%	$7.70	+62.0%	Common	31931U102
—	CenterState Bank Corporation	690,738	$18.32M	0.9%	$9.91	—	Common	15201P109
—	Veritex Holdings, Inc.	650,437	$18M	0.9%	$24.50	—	Common	923451108
—	Iberiabank Corp	230,534	$17.98M	0.9%	$68.13	—	Common	450828108
SBCF	Seacoast Banking Corporation of Florida	668,169	$17.69M	0.9%	$14.90	+77.4%	Common	811707801
—	First Choice Bancorp	675,454	$17.55M	0.9%	$23231.96	—	Common	31948P104
BWFG	Bankwell Financial Group, Inc.	527,432	$17.03M	0.9%	$20.73	+31.7%	Common	06654A103
TFIN	Triumph Bancorp, Inc.	383,796	$15.81M	0.8%	$20.34	+92.5%	Common	89679E300
WSBF	Waterstone Financial, Inc.	904,269	$15.64M	0.8%	$11.24	+54.1%	Common	94188P101
—	National Commerce Corporation	355,371	$15.48M	0.8%	$30.79	—	Common	63546L102
—	First Midwest Bancorp, Inc.	627,977	$15.44M	0.8%	$14.43	—	Common	320867104
WTBFB	W.T.B. Financial Corporation	43,432	$14.77M	0.8%	$163.51	+119.1%	Common	929334209
HTBK	Heritage Commerce Corp	875,016	$14.42M	0.7%	$7.21	+124.4%	Common	426927109
—	1st Constitution Bancorp	661,753	$14.39M	0.7%	$10.86	—	Common	31986N102
—	Cambridge Bancorp	161,875	$14.13M	0.7%	$40.53	—	Common	132152109
—	Malvern Bancorp, Inc.	542,894	$14.12M	0.7%	$17.98	—	Common	561409103
ISTR	Investar Holding Corporation	544,513	$14.08M	0.7%	$16.46	+50.5%	Common	46134L105
—	CoBiz Financial Inc.	716,953	$14.05M	0.7%	$8.43	—	Common	190897108
SHBI	Shore Bancshares, Inc.	718,456	$13.55M	0.7%	$9.91	+80.7%	Common	825107105
—	Central Valley Community Bancorp	688,191	$13.46M	0.7%	$10.64	—	Common	155685100
CCNE	CNB Financial Corporation	456,087	$13.27M	0.7%	$16.50	+35.1%	Common	126128107
BSRR	Sierra Bancorp	481,746	$12.83M	0.7%	$10.30	+98.5%	Common	82620P102
BMRC	Bank of Marin Bancorp	185,437	$12.79M	0.7%	$18.77	+41.0%	Common	063425102
EQBK	Equity Bancshares, Inc.	325,443	$12.74M	0.7%	$26.23	+32.6%	Common	29460X109
SMBK	SmartFinancial, Inc.	508,943	$11.99M	0.6%	$18.11	+23.4%	Common	83190L208
BY	Byline Bancorp, Inc.	512,885	$11.76M	0.6%	$18.47	+12.6%	Common	124411109
SAMG	Silvercrest Asset Management Group Inc.	757,259	$11.51M	0.6%	$14.11	+7.9%	Common	828359109
—	MB Financial, Inc.	283,159	$11.46M	0.6%	$26.80	—	Common	55264U108
MNSB	MainStreet Bancshares, Inc.	509,597	$11.21M	0.6%	$11.49	+49.5%	Common	56064Y100
PBAM	Private Bancorp of America, Inc.	426,178	$11.21M	0.6%	$18.52	+38.5%	Common	74274F100
—	Green Bancorp, Inc.	479,269	$10.66M	0.5%	$15.02	—	Common	39260X100
—	Bank of Princeton	307,721	$10.62M	0.5%	$10994.50	—	Common	064520109
OVLY	Oak Valley Bancorp	469,489	$10.47M	0.5%	$8.63	+150.8%	Common	671807105
—	United Financial Bancorp, Inc.	640,286	$10.37M	0.5%	$295.11	—	Common	910304104
BANC	Banc of California, Inc.	517,828	$9.994M	0.5%	$14.87	+14.1%	Common	05990K106
—	Old Line Bancshares, Inc.	302,404	$9.979M	0.5%	$13.30	—	Common	67984M100
FGFH	Foresight Financial Group, Inc.	299,091	$9.93M	0.5%	$20.17	+42.3%	Common	345526107
—	Community Financial Corporation	261,132	$9.719M	0.5%	$20.63	—	Common	20368X101
PSBQ	PSB Holdings, Inc.	136,015	$9.623M	0.5%	$16.41	+41.1%	Common	69360N108
—	Flagstar Bancorp, Inc.	268,600	$9.508M	0.5%	$26.03	—	Common	337930705
MVBF	MVB Financial Corp.	478,261	$9.446M	0.5%	$10.99	+51.2%	Common	553810102
EGBN	Eagle Bancorp, Inc.	157,777	$9.443M	0.5%	$17.07	+183.2%	Common	268948106
AMBZ	American Business Bank	236,008	$9.44M	0.5%	$26.26	+49.6%	Common	02475L105
—	Enterprise Bancorp, Inc.	259,637	$9.163M	0.5%	$21.71	—	Common	293668109
—	FCB Financial Holdings, Inc.	176,971	$9.043M	0.5%	$30.21	—	Common	30255G103
—	Bank of Commerce Holdings	748,469	$8.72M	0.4%	$6.96	—	Common	06424J103
—	First of Long Island Corp.	317,050	$8.703M	0.4%	$30.07	—	Common	320734106
—	Community Bankers Trust Corporation	965,642	$8.691M	0.4%	$4.19	—	Common	203612106
SF	Stifel Financial Corp.	143,727	$8.513M	0.4%	$20.09	+88.2%	Common	860630102
—	Northwest Bancorporation, Inc.	629,593	$8.374M	0.4%	$9.06	—	Common	667337109
—	County Bancorp, Inc.	284,204	$8.302M	0.4%	$23.35	—	Common	221907108
QNBC	QNB Corp.	187,584	$8.263M	0.4%	$31.87	+40.9%	Common	74726N107
—	NorthWest Indiana Bancorp	186,816	$8.166M	0.4%	$25.89	—	Common	667516108
SBNC	Southern BancShares (N.C.), Inc.	2,563	$8.073M	0.4%	$1859.16	+63.6%	Common	842243107
—	Charter Financial Corporation	394,477	$8.043M	0.4%	$10.83	—	Common	16122W108
WBBW	Westbury Bancorp, Inc.	360,064	$8.008M	0.4%	$17.03	+35.3%	Common	95727P106
—	Standard AVB Financial Corp.	265,327	$7.933M	0.4%	$27.80	—	Common	85303B100
—	BankFinancial Corporation	461,487	$7.836M	0.4%	$12.37	—	Common	06643P104
—	Reliant Bancorp, Inc.	342,020	$7.795M	0.4%	$25640.00	—	Common	75956B101
—	Bank of Southern California, N. A.	523,390	$7.772M	0.4%	$9.74	—	Common	065104101
BFC	Bank First National Corporation	166,494	$7.7M	0.4%	$20.46	+91.8%	Common	06211J100
—	American Riviera Bank	394,465	$7.613M	0.4%	$3126.82	—	Common	02932A106
OBT	Orange County Bancorp	270,456	$7.573M	0.4%	$12.83	+19.4%	Common	68417L107
—	California BanCorp	343,900	$7.562M	0.4%	$1065.06	—	Common	13005U101
BCBP	BCB Bancorp, Inc.	470,000	$7.356M	0.4%	$7.57	+35.8%	Common	055298103
MRBK	Meridian Bank	392,875	$6.926M	0.4%	$7.26	-2.4%	Common	58958P104
—	Carolina Financial Corporation	172,061	$6.759M	0.3%	$24.53	—	Common	143873107
RVSB	Riverview Bancorp, Inc.	715,574	$6.683M	0.3%	$3.01	+140.9%	Common	769397100
AVBH	Avidbank Holdings, Inc.	263,543	$6.523M	0.3%	$12.85	+89.0%	Common	05368J103
—	Fentura Financial, Inc.	328,590	$6.49M	0.3%	$14.43	—	Common	314645102
—	FNB Bancorp	172,641	$6.351M	0.3%	$24.86	—	Common	302515101
PFLC	Pacific Financial Corporation	588,023	$6.327M	0.3%	$5.37	+40.5%	Common	694275108
—	Macatawa Bank Corporation	610,110	$6.266M	0.3%	$5.54	—	Common	554225102
—	Franklin Financial Network, Inc.	183,716	$5.989M	0.3%	$5175.68	—	Common	35352P104
—	Northway Financial, Inc.	194,434	$5.979M	0.3%	$22.26	—	Common	667270201
FVCB	First Virginia Community Bank	339,749	$5.912M	0.3%	$6.41	+115.9%	Common	36120Q101
—	Sterling Bancorp, Inc.	431,000	$5.823M	0.3%	$12700.00	—	Common	85917W102
—	Bryn Mawr Bank Corporation	131,971	$5.8M	0.3%	$25.24	—	Common	117665109
—	Century Bancorp, Inc.	72,882	$5.787M	0.3%	$41.92	—	Common	156432106
FISI	Financial Institutions, Inc.	194,502	$5.757M	0.3%	$18.60	+17.6%	Common	317585404
UCB	United Community Banks, Inc.	179,022	$5.666M	0.3%	$20.67	+51.4%	Common	90984P303
MFGI	Merchants Financial Group, Inc.	74,887	$5.617M	0.3%	$11.62	+69.1%	Common	588538108
—	Premier Commercial Bancorp	376,845	$5.558M	0.3%	$4.98	—	Common	74048M100
MBIN	Merchants Bancorp	257,153	$5.529M	0.3%	$11.33	+13.5%	Common	58844R108
MCB	Metropolitan Bank Holding Corp.	130,000	$5.474M	0.3%	$42.65	+4.0%	Common	591774104
FNBT	FineMark Holdings, Inc.	191,600	$5.461M	0.3%	$26.22	—	Common	31788B108
—	1st Capital Bank	339,249	$5.445M	0.3%	$735.88	—	Common	31944C107
FNRN	First Northern Community Bancorp	401,298	$5.373M	0.3%	$6.46	+67.1%	Common	335925103
—	Brookline-MA	325,000	$5.265M	0.3%	$14.60	—	Common	11373M107
UVSP	Univest Corporation of Pennsylvania	189,452	$5.248M	0.3%	$27.49	+1.9%	Common	915271100
—	West Suburban Bancorp, Inc.	8,350	$5.227M	0.3%	$44437.55	—	Common	956152409
—	CapStar Financial Holdings, Inc.	275,400	$5.186M	0.3%	$17.18	—	Common	14070T102
JMSB	John Marshall Bank	292,375	$5.131M	0.3%	$17.63	+0.6%	Common	47805L101
FCCO	First Community Corporation	218,768	$5.01M	0.3%	$7.60	+134.2%	Common	319835104
ACIC	United Insurance Holdings Corp.	261,459	$5.004M	0.3%	$10.80	+41.6%	Common	910710102
—	First Defiance Financial Corp.	85,850	$4.921M	0.3%	$38.30	—	Common	32006W106
FRAF	Franklin Financial Services Corp.	133,559	$4.88M	0.2%	$26.57	0.0%	Common	353525108
HTH	Hilltop Holdings Inc.	207,532	$4.869M	0.2%	$15.00	+69.0%	Common	432748101
AUBN	Auburn National Bancorporation, Inc.	122,327	$4.778M	0.2%	$17.88	+57.5%	Common	050473107
VABK	Virginia National Bankshares Corp.	113,716	$4.674M	0.2%	$19.28	+98.4%	Common	928031103
—	Bridge Bancorp Inc.	135,220	$4.537M	0.2%	$30.20	—	Common	108035106
TOWN	TowneBank	158,108	$4.522M	0.2%	$30.05	0.0%	Common	89214P109
CSHX	Cashmere Valley Bank	65,382	$4.413M	0.2%	$28.92	+67.5%	Common	14756K102
FMNB	Farmers National Banc Corp.	314,912	$4.362M	0.2%	$4.77	+122.9%	Common	309627107
—	Guaranty Bancshares, Inc.	129,547	$4.315M	0.2%	$2320.94	—	Common	400764106
MVLY	Mission Valley Bancorp	277,639	$4.276M	0.2%	$7.87	+80.1%	Common	60520E104
FBK	FB Financial Corp.	104,940	$4.26M	0.2%	$19.65	+91.8%	Common	30257X104
—	PBB Bancorp	221,725	$4.257M	0.2%	$15702.06	—	Common	69318W101
—	First BancTrust Corporation	127,550	$4.209M	0.2%	$17.84	—	Common	31868G100
—	LegacyTexas Financial Group, Inc.	98,192	$4.205M	0.2%	$23.25	—	Common	52471Y106
FCOB	1st Colonial Bancorp	356,875	$4.193M	0.2%	$7.45	+52.1%	Common	319716106
—	Suncrest Bank	348,503	$4.182M	0.2%	$6697.87	—	Common	86723G109
—	Two River Bancorp	225,736	$4.075M	0.2%	$11.66	—	Common	90207C105
KINS	Kingstone Companies, Inc.	240,500	$4.04M	0.2%	$11.70	+46.2%	Common	496719105
—	York Traditions Bank	191,891	$3.934M	0.2%	$347.36	—	Common	987159100
—	Dime Community Bancshares, Inc.	213,800	$3.934M	0.2%	$21.50	—	Common	253922108
—	Commencement Bank	231,041	$3.928M	0.2%	$13.25	—	Common	20051L109
BOTJ	Bank of the James Financial Group, Inc.	256,156	$3.917M	0.2%	$8.53	+32.7%	Common	470299108
—	Emclaire Financial Corp.	117,207	$3.916M	0.2%	$23.94	—	Common	290828102
FFBB	Communities First Financial Corporation	186,745	$3.912M	0.2%	$10.37	+96.8%	Common	20344D104
NBHC	National Bank Holdings Corporation	116,513	$3.874M	0.2%	$16.12	+69.7%	Common	633707104
INBK	First Internet Bancorp	104,000	$3.848M	0.2%	$28.86	+31.9%	Common	320557101
—	Northeast Community Bancorp, Inc.	368,600	$3.778M	0.2%	$6.46	—	Common	664112109
—	Luther Burbank Corporation	313,000	$3.759M	0.2%	$12040.00	—	Common	550550107
MBCN	Middlefield Banc Corp.	76,491	$3.756M	0.2%	$15.31	+26.9%	Common	596304204
—	Lake Shore Bancorp	219,879	$3.69M	0.2%	$12.65	—	Common	510700107
CZFS	Citizens Financial Services	58,350	$3.656M	0.2%	$35.37	+32.7%	Common	174615104
MOFG	MidWestOne Financial Group, Inc.	109,100	$3.632M	0.2%	$34.18	-3.4%	Common	598511103
PBNK	Pinnacle Bank	286,563	$3.608M	0.2%	$7.03	+61.1%	Common	72346K107
—	Kentucky Bancshares, Inc.	77,254	$3.577M	0.2%	$33.48	—	Common	491203105
—	Howard Bancorp, Inc.	179,687	$3.558M	0.2%	$18.75	—	Common	442496105
BHB	Bar Harbor Bankshares	124,676	$3.456M	0.2%	$18.62	+12.0%	Common	066849100
—	Centric Financial Corporation	372,992	$3.394M	0.2%	$9.10	—	Common	15641J101
—	Coastal Banking Co., Inc.	157,894	$3.385M	0.2%	$13.40	—	Common	19041N100
EMYB	Embassy Bancorp, Inc.	209,137	$3.363M	0.2%	$11.79	+16.9%	Common	290791102
—	Carolina Trust BancShares, Inc.	346,294	$3.217M	0.2%	$6.17	—	Common	14422P105
PPBN	Pinnacle Bankshares Corporation	112,830	$3.216M	0.2%	$15.23	+61.2%	Common	72345E102
—	CBTX, Inc.	125,000	$3.125M	0.2%	$25000.00	—	Common	12481V104
—	SouthCrest Financial Group, Inc.	314,968	$3.118M	0.2%	$6.07	—	Common	84129X107
—	DNB Financial Corporation	86,867	$3.097M	0.2%	$28.00	—	Common	233237106
BKOR	Oak Ridge Financial Services, Inc.	201,193	$3.068M	0.2%	$7.24	—	Common	671768109
—	Highlands Bancorp, Inc.	230,720	$3.057M	0.2%	$13.25	—	Common	430887109
HFBL	Home Federal Bancorp, Inc. of Louisiana	98,556	$2.96M	0.2%	$9.60	+51.4%	Common	43708L108
FGBI	First Guaranty Bancshares, Inc.	113,590	$2.952M	0.2%	$10.64	+55.8%	Common	32043P106
—	Community Bank	11,050	$2.939M	0.2%	$165.97	—	Common	203507108
TRVR	Two Rivers Financial Group, Inc.	93,708	$2.928M	0.1%	$17.33	+56.9%	Common	90206L106
—	Revere Bank	100,000	$2.915M	0.1%	$28.50	—	Common	761402106
CBKM	Consumers Bancorp, Inc.	136,792	$2.873M	0.1%	$13.41	+18.0%	Common	210509105
—	First Security, Inc.	105,125	$2.838M	0.1%	$26.15	—	Common	336327101
HFWA	Heritage Financial Corporation	91,582	$2.802M	0.1%	$27.19	+13.5%	Common	42722X106
—	National General Holdings Corporation	115,000	$2.796M	0.1%	$14.00	—	Common	636220303
TRCY	Tri City Bankshares Corporation	136,970	$2.794M	0.1%	$17.59	—	Common	895364107
—	Mackinac Financial Corporation	165,035	$2.682M	0.1%	$9.26	—	Common	554571109
FXNC	First National Corporation	143,322	$2.659M	0.1%	$5.34	+181.5%	Common	32106V107
PGNN	Paragon Financial Solutions, Inc.	240,786	$2.625M	0.1%	$6.59	+50.3%	Common	69912S100
JRVR	James River Group Holdings, Ltd.	73,210	$2.597M	0.1%	$39.92	-8.9%	Common	G5005R107
SBFG	SB Financial Group, Inc.	138,889	$2.569M	0.1%	$17.69	0.0%	Common	78408D105
SOMC	Southern Michigan Bancorp Inc.	71,630	$2.55M	0.1%	$7.88	+92.2%	Common	84336P103
CZBC	Citizens Bancorp	145,261	$2.52M	0.1%	$10.82	+28.0%	Common	172950107
CYSM	Community Bancorp of Santa Maria	173,824	$2.52M	0.1%	$9.03	+43.4%	Common	20344R103
—	Presidio Bank	93,544	$2.488M	0.1%	$12.07	—	Common	74101A100
RCBC	River City Bank	12,557	$2.461M	0.1%	$13.08	+44.2%	Common	76803X106
—	People's Bank of Commerce	180,453	$2.454M	0.1%	$9.81	—	Common	710311101
—	SBT Bancorp, Inc.	79,321	$2.451M	0.1%	$4799.78	—	Common	78391C106
—	Riverview Financial Corporation	197,340	$2.429M	0.1%	$13150.00	—	Common	76940Q105
CYFL	Century Financial Corporation	121,646	$2.415M	0.1%	$11.31	+36.2%	Common	15652L102
—	Porter Bancorp, Inc.	174,935	$2.397M	0.1%	$7911.59	—	Common	736233206
BUSE	First Busey Corporation	80,442	$2.391M	0.1%	$14.09	+59.6%	Common	319383204
—	Bank of Santa Clarita	118,860	$2.371M	0.1%	$9.29	—	Common	06424K100
CCNB	Coastal Carolina Bancshares, Inc.	262,238	$2.287M	0.1%	$7.00	+20.7%	Common	190435107
EFSI	Eagle Financial Services Inc.	69,365	$2.275M	0.1%	$15.23	+56.7%	Common	26951R104
—	Freedom Bank of Virginia	179,059	$2.271M	0.1%	$12.68	—	Common	35633M102
SSBI	Summit State Bank	164,007	$2.211M	0.1%	$7.49	+27.2%	Common	866264203
—	Professional Holding Corp.	125,000	$2.194M	0.1%	$1252.27	—	Common	743139107
—	Atlantic Capital Bancshares, Inc.	120,646	$2.184M	0.1%	$14.80	—	Common	048269203
—	Federated National Holding Company	138,000	$2.176M	0.1%	$20.26	—	Common	31422T101
LFGP	Ledyard Financial Group, Inc.	100,350	$2.158M	0.1%	$18.50	+17.1%	Common	523338101
SABK	South Atlantic Bancshares, Inc.	137,388	$2.157M	0.1%	$1500.93	-99.0%	Common	83636T104
—	Independent Bank Group, Inc	30,500	$2.156M	0.1%	$34108.98	—	Common	45384B106
—	First West Virginia Bancorp, Inc.	70,000	$2.037M	0.1%	$27650.00	—	Common	337493100
WASH	Washington Trust Bancorp, Inc.	36,575	$1.966M	0.1%	$20.38	+71.1%	Common	940610108
—	ESSA Bancorp, Inc.	130,250	$1.911M	0.1%	$11.51	—	Common	29667D104
—	Aquesta Financial Holdings, Inc.	162,518	$1.91M	0.1%	$8.69	—	Common	03842L109
CBFV	CB Financial Services, Inc.	60,536	$1.88M	0.1%	$15.75	+40.1%	Common	12479G101
SOME	Somerset Trust Holding Company	42,374	$1.864M	0.1%	$30.83	+6.1%	Common	835126103
—	Lighthouse Bank	75,995	$1.862M	0.1%	$13.34	—	Common	53223T106
CCBC	Chino Commercial Bancorp	96,106	$1.797M	0.1%	$9.43	+14.4%	Common	16957L102
AMFC	AMB Financial Corp.	93,750	$1.772M	0.1%	$8.50	+108.8%	Common	001984103
—	GrandSouth Bancorporation	125,000	$1.744M	0.1%	$9.47	—	Common	386627301
—	Pacific Commerce Bancorp	149,615	$1.743M	0.1%	$7.59	—	Common	69413A103
—	MBT Financial Corp.	158,755	$1.707M	0.1%	$5.04	—	Common	578877102
—	First South Bancorp, Inc.	1,597,246	$1.597M	0.1%	$1.00	—	Common	33646D102
—	Fauquier Bancshares, Inc.	67,676	$1.423M	0.1%	$12.52	—	Common	312059108
—	First Home Bancorp, Inc.	75,600	$1.418M	0.1%	$28.13	—	Common	32050L105
—	American River Bankshares	90,023	$1.396M	0.1%	$9.53	—	Common	029326105
—	Santa Cruz County Bank	27,365	$1.341M	0.1%	$16097.38	—	Common	801827106
BWB	Bridgewater Bancshares, Inc.	100,000	$1.307M	0.1%	$12.89	0.0%	Common	108621103
ESQ	Esquire Bank, National Association	50,000	$1.22M	0.1%	$14.50	+46.4%	Common	29667J101
—	Carter Bank & Trust	70,858	$1.208M	0.1%	$12.38	—	Common	146102108
—	Bank of Fincastle	506,486	$1.195M	0.1%	$2.11	—	Common	062113105
IROQ	IF Bancorp, Inc.	59,072	$1.181M	0.1%	$16.71	+19.8%	Common	44951J105
—	Salisbury Bancorp, Inc.	26,216	$1.18M	0.1%	$26.30	—	Common	795226109
—	Sevier County Bancshares, Inc.	110,000	$1.172M	0.1%	$10.00	—	Common	81817P206
—	Access National Corporation	40,740	$1.162M	0.1%	$26.51	—	Common	004337101
GNRV	Grand River Commerce, Inc.	181,819	$1.089M	0.1%	$5.91	0.0%	Common	386441109
—	Town and Country Financial Corporation	45,313	$974K	0.0%	$10.82	—	Common	892039108
—	Greater Hudson Bank	189,149	$965K	0.0%	$5.10	—	Common	391868106
—	Village Bank and Trust Financial Corp.	29,133	$940K	0.0%	$17.39	—	Common	92705T200
—	HomeTown Bankshares Corporation	77,842	$929K	0.0%	$6.43	—	Common	43787N108
—	First Colebrook Bancorp, Inc.	20,627	$924K	0.0%	$21.21	—	Common	31971A107
—	Surrey Bancorp	69,785	$921K	0.0%	$11.40	—	Common	86888W105
—	Wellesley Bancorp, Inc.	30,879	$920K	0.0%	$27.62	—	Common	949485106
—	First Priority Financial Corp.	83,179	$886K	0.0%	$7.95	—	Common	33612N100
—	AJS Bancorp, Inc.	56,668	$799K	0.0%	$14.66	—	Common	001503101
SOBS	Solvay Bank Corporation	17,743	$710K	0.0%	$19.29	+28.7%	Common	83441Q105
—	Bay Bancorp, Inc.	52,000	$694K	0.0%	$12230.00	—	Common	07203T106
—	Empire Bancorp Inc.	45,188	$678K	0.0%	$12.76	—	Common	291617108
FSRL	First Reliance Bancshares, Inc.	84,792	$627K	0.0%	$7.53	0.0%	Common	33615Q100
—	Carolina Alliance Bank	44,369	$544K	0.0%	$12.13	—	Common	126742105
—	First Citrus Bancorporation, Inc.	22,567	$524K	0.0%	$17.51	—	Common	31959T102
—	Manning & Napier, Inc.	147,860	$518K	0.0%	$12.32	—	Common	56382Q102
FFMH	First Farmers and Merchants Corporation	12,500	$498K	0.0%	$30.90	0.0%	Common	320148109
—	Guaranty Bancorp	17,502	$496K	0.0%	$19.02	—	Common	40075T607
HIFS	Hingham Institution for Savings	2,355	$485K	0.0%	$58.20	+227.9%	Common	433323102
—	State Bank Corp.	34,400	$415K	0.0%	$6.65	—	Common	856121108
FBNC	First Bancorp	11,365	$405K	0.0%	$14.86	+105.3%	Common	318910106
—	ASB Financial Corp.	16,103	$333K	0.0%	$18900.02	—	Common	00205P206
CZWI	Citizens Community Bancorp, Inc.	23,000	$322K	0.0%	$11.78	0.0%	Common	174903104
—	PB Bancorp, Inc.	23,801	$251K	0.0%	$8.97	—	Common	70454T100