JCSD Capital, LLC Hedge Fund

Location: Walnut Creek, CA

CIK: 0001444055 · Show all filings

Period: Q2 2016 (← Previous) (Next →)

Filing Date: Aug 9, 2016

Total Value: $91.08M (99.4% shares, 0.6% debt)

Holdings (36)

— Pacific Premier Bancorp 7.9%

Value $7.2M Shares 300,000 Share Price $24.00 Est. Cost/Share $17.33 Unrealized @ Report Date —

— Franklin Financial Network 6.7%

Value $6.131M Shares 195,500 Share Price $31.36 Est. Cost/Share $21.00 Unrealized @ Report Date —

— Evans Bancorp Inc 5.6%

Value $5.081M Shares 206,222 Share Price $24.64 Est. Cost/Share $24.33 Unrealized @ Report Date —

— First Bancshares Inc MS 5.5%

Value $5.031M Shares 291,335 Share Price $17.27 Est. Cost/Share $14.61 Unrealized @ Report Date —

SFBS Servisfirst Bancshares Inc 5.2%

Value $4.692M Shares 95,000 Share Price $49.39 * Est. Cost/Share $12.99 Unrealized @ Report Date +64.9%

— CU Bancorp Calif 5.0%

Value $4.546M Shares 200,000 Share Price $22.73 Est. Cost/Share $22.75 Unrealized @ Report Date —

BUSE First Busey Corp 4.6%

Value $4.157M Shares 194,363 Share Price $21.39 * Est. Cost/Share $14.66 Unrealized @ Report Date +2.0%

— Carolina Bk Hldgs Greensboro 4.4%

Value $4.02M Shares 230,000 Share Price $17.48 Est. Cost/Share $13.25 Unrealized @ Report Date —

ONB Old Natl Bancorp IND 4.4%

Value $4.004M Shares 319,545 Share Price $12.53 Est. Cost/Share $12.65 Unrealized @ Report Date -1.0%

HTBK Heritage Commerce Corp 4.4%

Value $3.972M Shares 377,210 Share Price $10.53 Est. Cost/Share $8.61 Unrealized @ Report Date +21.3%

TFIN Triumph Bancorp Inc 4.2%

Value $3.84M Shares 240,000 Share Price $16.00 Est. Cost/Share $13.66 Unrealized @ Report Date +17.1%

FMBH First Mid Ill Bancshares, Inc. 3.9%

Value $3.557M Shares 142,292 Share Price $25.00 * Est. Cost/Share $15.84 Unrealized @ Report Date +24.9%

CFR Cullen Frost Bankers Inc 3.5%

Value $3.187M Shares 50,000 Share Price $63.74 * Est. Cost/Share $38.79 Unrealized @ Report Date +24.9%

— Green Bancorp Inc 3.3%

Value $3.021M Shares 346,500 Share Price $8.72 Est. Cost/Share $9.62 Unrealized @ Report Date —

— Bay Bancorp Inc 3.3%

Value $3.017M Shares 595,000 Share Price $5.07 Est. Cost/Share $5.21 Unrealized @ Report Date —

— Northwest Bancorporation 3.0%

Value $2.755M Shares 299,407 Share Price $9.20 Est. Cost/Share $8.91 Unrealized @ Report Date —

— FCB Financial Holdings Inc CL A 3.0%

Value $2.72M Shares 80,000 Share Price $34.00 Est. Cost/Share $32.62 Unrealized @ Report Date —

— Northern States Financial Corp 2.6%

Value $2.389M Shares 3,847,685 Share Price $0.62 Est. Cost/Share $0.62 Unrealized @ Report Date —

SMBK SmartFinancial Inc 2.4%

Value $2.187M Shares 136,682 Share Price $16.00 Est. Cost/Share $15.62 Unrealized @ Report Date +2.4%

— Bank of the Ozarks Inc 2.3%

Value $2.064M Shares 55,000 Share Price $37.53 Est. Cost/Share $43.75 Unrealized @ Report Date —

— Grandsouth Bancorporation 1.9%

Value $1.75M Shares 125,000 Share Price $14.00 Est. Cost/Share $12.63 Unrealized @ Report Date —

— BOFI Hldg Inc 1.8%

Value $1.682M Shares 95,000 Share Price $17.71 Est. Cost/Share $21.19 Unrealized @ Report Date —

BOTJ Bank of the James Financial Group 1.6%

Value $1.47M Shares 120,000 Share Price $12.25 * Est. Cost/Share $8.63 Unrealized @ Report Date +3.6%

— MB Financial Inc New 1.4%

Value $1.306M Shares 36,000 Share Price $36.28 Est. Cost/Share $32.86 Unrealized @ Report Date —

— Sunshine Bancorp Inc 1.4%

Value $1.281M Shares 90,440 Share Price $14.16 Est. Cost/Share $15.13 Unrealized @ Report Date —

— Xenith Bankshares Inc 1.1%

Value $1.043M Shares 131,253 Share Price $7.95 Est. Cost/Share $7.95 Unrealized @ Report Date —

ZION ZIONS Bancorporation 1.1%

Value $1.005M Shares 40,000 Share Price $25.13 Est. Cost/Share $23.00 Unrealized @ Report Date +9.3%

WBS Webster Financial Corp Conn 0.9%

Value $849K Shares 25,000 Share Price $33.96 Est. Cost/Share $30.92 Unrealized @ Report Date +9.8%

COLB Columbia Bkg Sys Inc 0.9%

Value $842K Shares 30,000 Share Price $28.07 * Est. Cost/Share $17.83 Unrealized @ Report Date +4.8%

— Wilshire Bancorp Inc 0.8%

Value $729K Shares 70,000 Share Price $10.41 Est. Cost/Share $10.13 Unrealized @ Report Date —

— Direxion SHS ETF Tr Dly S&P 500 Bear 0.6%

Value $571K Shares 41,000 Share Price $13.93 Est. Cost/Share $14.76 Unrealized @ Report Date —

BMRC Bank of Marin Bancorp 0.4%

Value $387K Shares 8,000 Share Price $48.38 * Est. Cost/Share $17.87 Unrealized @ Report Date +0.2%

— ZIONS Bancorporation Jan 20 2017 20.00 0.4%

Value $380K Shares 650 Share Price $584.62 Est. Cost/Share — Unrealized @ Report Date —

— BOFI Hldg Inc July 15 2016 15.00 0.1%

Value $131K Shares 700 Share Price $187.14 Est. Cost/Share — Unrealized @ Report Date —

— Hampton Roads Bankshares, Inc. 0.1%

Value $52,000 Shares 29,086 Share Price $1.79 Est. Cost/Share $1.79 Unrealized @ Report Date —

— Proshares TR PSHS ULSHT SP500 0.0%

Value $27,000 Shares 500 Share Price $54.00 Est. Cost/Share — Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	Pacific Premier Bancorp	300,000	$7.2M	7.9%	$24.00	$17.33	—	common	69478X105
—	Franklin Financial Network	195,500	$6.131M	6.7%	$31.36	$21.00	—	common	35352P104
—	Evans Bancorp Inc	206,222	$5.081M	5.6%	$24.64	$24.33	—	common	29911Q208
—	First Bancshares Inc MS	291,335	$5.031M	5.5%	$17.27	$14.61	—	common	318916103
SFBS	Servisfirst Bancshares Inc	95,000	$4.692M	5.2%	$49.39 *	$12.99	+64.9%	common	81768T108
—	CU Bancorp Calif	200,000	$4.546M	5.0%	$22.73	$22.75	—	common	126534106
BUSE	First Busey Corp	194,363	$4.157M	4.6%	$21.39 *	$14.66	+2.0%	common	319383204
—	Carolina Bk Hldgs Greensboro	230,000	$4.02M	4.4%	$17.48	$13.25	—	common	143785103
ONB	Old Natl Bancorp IND	319,545	$4.004M	4.4%	$12.53	$12.65	-1.0%	common	680033107
HTBK	Heritage Commerce Corp	377,210	$3.972M	4.4%	$10.53	$8.61	+21.3%	common	426927109
TFIN	Triumph Bancorp Inc	240,000	$3.84M	4.2%	$16.00	$13.66	+17.1%	common	89679E300
FMBH	First Mid Ill Bancshares, Inc.	142,292	$3.557M	3.9%	$25.00 *	$15.84	+24.9%	common	320866106
CFR	Cullen Frost Bankers Inc	50,000	$3.187M	3.5%	$63.74 *	$38.79	+24.9%	common	229899109
—	Green Bancorp Inc	346,500	$3.021M	3.3%	$8.72	$9.62	—	common	39260X100
—	Bay Bancorp Inc	595,000	$3.017M	3.3%	$5.07	$5.21	—	common	07203T106
—	Northwest Bancorporation	299,407	$2.755M	3.0%	$9.20	$8.91	—	common	667337109
—	FCB Financial Holdings Inc CL A	80,000	$2.72M	3.0%	$34.00	$32.62	—	common	30255G103
—	Northern States Financial Corp	3,847,685	$2.389M	2.6%	$0.62	$0.62	—	common	665751103
SMBK	SmartFinancial Inc	136,682	$2.187M	2.4%	$16.00	$15.62	+2.4%	common	83190L208
—	Bank of the Ozarks Inc	55,000	$2.064M	2.3%	$37.53	$43.75	—	common	063904106
—	Grandsouth Bancorporation	125,000	$1.75M	1.9%	$14.00	$12.63	—	common	386627301
—	BOFI Hldg Inc	95,000	$1.682M	1.8%	$17.71	$21.19	—	common	05566U108
BOTJ	Bank of the James Financial Group	120,000	$1.47M	1.6%	$12.25 *	$8.63	+3.6%	common	470299108
—	MB Financial Inc New	36,000	$1.306M	1.4%	$36.28	$32.86	—	common	55264U108
—	Sunshine Bancorp Inc	90,440	$1.281M	1.4%	$14.16	$15.13	—	common	86777J108
—	Xenith Bankshares Inc	131,253	$1.043M	1.1%	$7.95	$7.95	—	common	98410X105
ZION	ZIONS Bancorporation	40,000	$1.005M	1.1%	$25.13	$23.00	+9.3%	common	989701107
WBS	Webster Financial Corp Conn	25,000	$849K	0.9%	$33.96	$30.92	+9.8%	common	947890109
COLB	Columbia Bkg Sys Inc	30,000	$842K	0.9%	$28.07 *	$17.83	+4.8%	common	197236102
—	Wilshire Bancorp Inc	70,000	$729K	0.8%	$10.41	$10.13	—	common	97186T108
—	Direxion SHS ETF Tr Dly S&P 500 Bear	41,000	$571K	0.6%	$13.93	$14.76	—	common	25459Y371
BMRC	Bank of Marin Bancorp	8,000	$387K	0.4%	$48.38 *	$17.87	+0.2%	common	063425102
—	ZIONS Bancorporation Jan 20 2017 20.00	650	$380K	0.4%	$584.62	—	—	Call	989701907
—	BOFI Hldg Inc July 15 2016 15.00	700	$131K	0.1%	$187.14	—	—	Call	05566U908
—	Hampton Roads Bankshares, Inc.	29,086	$52,000	0.1%	$1.79	$1.79	—	common	409321502
—	Proshares TR PSHS ULSHT SP500	500	$27,000	0.0%	$54.00	—	—	Put	74347B950