JCSD Capital, LLC Hedge Fund

Location: Walnut Creek, CA

CIK: 0001444055 · Show all filings

Period: Q1 2016 (← Previous) (Next →)

Filing Date: May 6, 2016

Total Value: $86.14M (99.1% shares, 0.9% debt)

Holdings (34)

— Pacific Premier Bancorp 7.7%

Value $6.672M Shares 312,200 Share Price $21.37 Est. Cost/Share $17.33 Unrealized @ Report Date —

— Franklin Financial Network 6.3%

Value $5.406M Shares 200,216 Share Price $27.00 Est. Cost/Share $21.00 Unrealized @ Report Date —

— Evans Bancorp Inc 5.7%

Value $4.919M Shares 201,615 Share Price $24.40 Est. Cost/Share $24.32 Unrealized @ Report Date —

— First Bancshares Inc MS 5.3%

Value $4.547M Shares 290,935 Share Price $15.63 Est. Cost/Share $14.61 Unrealized @ Report Date —

SFBS Servisfirst Bancshares Inc 5.2%

Value $4.44M Shares 100,000 Share Price $44.40 * Est. Cost/Share $12.99 Unrealized @ Report Date +48.0%

— CU Bancorp Calif 4.9%

Value $4.234M Shares 200,000 Share Price $21.17 Est. Cost/Share $22.75 Unrealized @ Report Date —

— Anchor Bank Wis INC Del 4.7%

Value $4.055M Shares 90,000 Share Price $45.06 Est. Cost/Share $34.44 Unrealized @ Report Date —

— Pulaski Financial Corp 4.6%

Value $3.973M Shares 246,030 Share Price $16.15 Est. Cost/Share $12.56 Unrealized @ Report Date —

TFIN Triumph Bancorp Inc 4.4%

Value $3.799M Shares 240,000 Share Price $15.83 Est. Cost/Share $13.66 Unrealized @ Report Date +15.9%

HTBK Heritage Commerce Corp 4.3%

Value $3.694M Shares 369,000 Share Price $10.01 Est. Cost/Share $8.57 Unrealized @ Report Date +14.7%

FMBH First Mid Ill Bancshares, Inc. 3.9%

Value $3.391M Shares 140,662 Share Price $24.11 * Est. Cost/Share $15.79 Unrealized @ Report Date +19.4%

CFR Cullen Frost Bankers Inc 3.8%

Value $3.307M Shares 60,000 Share Price $55.12 * Est. Cost/Share $38.79 Unrealized @ Report Date +7.1%

— Bay Bancorp Inc 3.8%

Value $3.241M Shares 672,462 Share Price $4.82 Est. Cost/Share $5.21 Unrealized @ Report Date —

— Carolina Bk Hldgs Greensboro 3.5%

Value $3.049M Shares 181,460 Share Price $16.80 Est. Cost/Share $12.12 Unrealized @ Report Date —

— Bank of the Ozarks Inc 3.3%

Value $2.856M Shares 68,038 Share Price $41.98 Est. Cost/Share $43.75 Unrealized @ Report Date —

— Green Bancorp Inc 3.1%

Value $2.699M Shares 356,500 Share Price $7.57 Est. Cost/Share $9.62 Unrealized @ Report Date —

— FCB Financial Holdings Inc CL A 3.1%

Value $2.661M Shares 80,000 Share Price $33.26 Est. Cost/Share $32.62 Unrealized @ Report Date —

— Northwest Bancorporation 3.0%

Value $2.576M Shares 289,407 Share Price $8.90 Est. Cost/Share $8.90 Unrealized @ Report Date —

— Northern States Financial Corp 2.8%

Value $2.376M Shares 3,847,685 Share Price $0.62 Est. Cost/Share $0.62 Unrealized @ Report Date —

— BOFI Hldg Inc 2.4%

Value $2.027M Shares 95,000 Share Price $21.34 Est. Cost/Share $21.19 Unrealized @ Report Date —

SMBK SmartFinancial Inc 2.1%

Value $1.783M Shares 96,395 Share Price $18.50 Est. Cost/Share $15.29 Unrealized @ Report Date +21.0%

— Grandsouth Bancorporation 1.8%

Value $1.579M Shares 125,000 Share Price $12.63 Est. Cost/Share $12.63 Unrealized @ Report Date —

BOTJ Bank of the James Financial Group 1.6%

Value $1.405M Shares 120,000 Share Price $11.71 * Est. Cost/Share $8.63 Unrealized @ Report Date -1.5%

— Sunshine Bancorp Inc 1.5%

Value $1.315M Shares 90,440 Share Price $14.54 Est. Cost/Share $15.13 Unrealized @ Report Date —

— MB Financial Inc New 1.4%

Value $1.168M Shares 36,000 Share Price $32.44 Est. Cost/Share $32.86 Unrealized @ Report Date —

ZION ZIONS Bancorporation 1.1%

Value $968K Shares 40,000 Share Price $24.20 Est. Cost/Share $23.00 Unrealized @ Report Date +5.3%

WBS Webster Financial Corp Conn 1.0%

Value $898K Shares 25,000 Share Price $35.92 Est. Cost/Share $30.92 Unrealized @ Report Date +16.1%

COLB Columbia Bkg Sys Inc 1.0%

Value $898K Shares 30,000 Share Price $29.93 * Est. Cost/Share $17.83 Unrealized @ Report Date +10.3%

— Wilshire Bancorp Inc 0.8%

Value $721K Shares 70,000 Share Price $10.30 Est. Cost/Share $10.13 Unrealized @ Report Date —

— BOFI Hldg Inc July 15 2016 15.00 0.5%

Value $408K Shares 700 Share Price $582.86 Est. Cost/Share — Unrealized @ Report Date —

BMRC Bank of Marin Bancorp 0.5%

Value $394K Shares 8,000 Share Price $49.25 * Est. Cost/Share $17.87 Unrealized @ Report Date +1.5%

— ZIONS Bancorporation Jan 20 2017 20.00 0.4%

Value $349K Shares 650 Share Price $536.92 Est. Cost/Share — Unrealized @ Report Date —

— Direxion SHS ETF Tr Dly S&P 500 Bear 0.4%

Value $324K Shares 21,000 Share Price $15.43 Est. Cost/Share $15.55 Unrealized @ Report Date —

— United States Oil Fund Apr 1 2016 8.00 0.0%

Value $8,000 Shares 3,600 Share Price $2.22 Est. Cost/Share — Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	Pacific Premier Bancorp	312,200	$6.672M	7.7%	$21.37	$17.33	—	common	69478X105
—	Franklin Financial Network	200,216	$5.406M	6.3%	$27.00	$21.00	—	common	35352P104
—	Evans Bancorp Inc	201,615	$4.919M	5.7%	$24.40	$24.32	—	common	29911Q208
—	First Bancshares Inc MS	290,935	$4.547M	5.3%	$15.63	$14.61	—	common	318916103
SFBS	Servisfirst Bancshares Inc	100,000	$4.44M	5.2%	$44.40 *	$12.99	+48.0%	common	81768T108
—	CU Bancorp Calif	200,000	$4.234M	4.9%	$21.17	$22.75	—	common	126534106
—	Anchor Bank Wis INC Del	90,000	$4.055M	4.7%	$45.06	$34.44	—	common	03283P106
—	Pulaski Financial Corp	246,030	$3.973M	4.6%	$16.15	$12.56	—	common	745548107
TFIN	Triumph Bancorp Inc	240,000	$3.799M	4.4%	$15.83	$13.66	+15.9%	common	89679E300
HTBK	Heritage Commerce Corp	369,000	$3.694M	4.3%	$10.01	$8.57	+14.7%	common	426927109
FMBH	First Mid Ill Bancshares, Inc.	140,662	$3.391M	3.9%	$24.11 *	$15.79	+19.4%	common	320866106
CFR	Cullen Frost Bankers Inc	60,000	$3.307M	3.8%	$55.12 *	$38.79	+7.1%	common	229899109
—	Bay Bancorp Inc	672,462	$3.241M	3.8%	$4.82	$5.21	—	common	07203T106
—	Carolina Bk Hldgs Greensboro	181,460	$3.049M	3.5%	$16.80	$12.12	—	common	143785103
—	Bank of the Ozarks Inc	68,038	$2.856M	3.3%	$41.98	$43.75	—	common	063904106
—	Green Bancorp Inc	356,500	$2.699M	3.1%	$7.57	$9.62	—	common	39260X100
—	FCB Financial Holdings Inc CL A	80,000	$2.661M	3.1%	$33.26	$32.62	—	common	30255G103
—	Northwest Bancorporation	289,407	$2.576M	3.0%	$8.90	$8.90	—	common	667337109
—	Northern States Financial Corp	3,847,685	$2.376M	2.8%	$0.62	$0.62	—	common	665751103
—	BOFI Hldg Inc	95,000	$2.027M	2.4%	$21.34	$21.19	—	common	05566U108
SMBK	SmartFinancial Inc	96,395	$1.783M	2.1%	$18.50	$15.29	+21.0%	common	83190L208
—	Grandsouth Bancorporation	125,000	$1.579M	1.8%	$12.63	$12.63	—	common	386627301
BOTJ	Bank of the James Financial Group	120,000	$1.405M	1.6%	$11.71 *	$8.63	-1.5%	common	470299108
—	Sunshine Bancorp Inc	90,440	$1.315M	1.5%	$14.54	$15.13	—	common	86777J108
—	MB Financial Inc New	36,000	$1.168M	1.4%	$32.44	$32.86	—	common	55264U108
ZION	ZIONS Bancorporation	40,000	$968K	1.1%	$24.20	$23.00	+5.3%	common	989701107
WBS	Webster Financial Corp Conn	25,000	$898K	1.0%	$35.92	$30.92	+16.1%	common	947890109
COLB	Columbia Bkg Sys Inc	30,000	$898K	1.0%	$29.93 *	$17.83	+10.3%	common	197236102
—	Wilshire Bancorp Inc	70,000	$721K	0.8%	$10.30	$10.13	—	common	97186T108
—	BOFI Hldg Inc July 15 2016 15.00	700	$408K	0.5%	$582.86	—	—	Call	05566U908
BMRC	Bank of Marin Bancorp	8,000	$394K	0.5%	$49.25 *	$17.87	+1.5%	common	063425102
—	ZIONS Bancorporation Jan 20 2017 20.00	650	$349K	0.4%	$536.92	—	—	Call	989701907
—	Direxion SHS ETF Tr Dly S&P 500 Bear	21,000	$324K	0.4%	$15.43	$15.55	—	common	25459Y371
—	United States Oil Fund Apr 1 2016 8.00	3,600	$8,000	0.0%	$2.22	—	—	Put	91232N958