JCSD Capital, LLC Hedge Fund

Location: Walnut Creek, CA

CIK: 0001444055 · Show all filings

Period: Q3 2016 (← Previous) (Next →)

Filing Date: Nov 8, 2016

Total Value: $98.9M (99.3% shares, 0.7% debt)

Holdings (36)

— Pacific Premier Bancorp 8.0%

Value $7.938M Shares 300,000 Share Price $26.46 Est. Cost/Share $17.33 Unrealized @ Report Date —

— Franklin Financial Network 7.2%

Value $7.106M Shares 190,000 Share Price $37.40 Est. Cost/Share $21.00 Unrealized @ Report Date —

— First Bancshares Inc MS 5.6%

Value $5.564M Shares 291,335 Share Price $19.10 Est. Cost/Share $14.61 Unrealized @ Report Date —

— Evans Bancorp Inc 5.0%

Value $4.956M Shares 181,222 Share Price $27.35 Est. Cost/Share $24.33 Unrealized @ Report Date —

— Carolina Bk Hldgs Greensboro 4.7%

Value $4.604M Shares 236,005 Share Price $19.51 Est. Cost/Share $13.41 Unrealized @ Report Date —

— CU Bancorp Calif 4.6%

Value $4.562M Shares 200,000 Share Price $22.81 Est. Cost/Share $22.75 Unrealized @ Report Date —

BUSE First Busey Corp 4.4%

Value $4.393M Shares 194,363 Share Price $22.60 * Est. Cost/Share $14.66 Unrealized @ Report Date +8.6%

TFIN Triumph Bancorp Inc 4.4%

Value $4.365M Shares 220,000 Share Price $19.84 Est. Cost/Share $13.66 Unrealized @ Report Date +45.2%

ONB Old Natl Bancorp IND 4.3%

Value $4.218M Shares 300,000 Share Price $14.06 Est. Cost/Share $12.65 Unrealized @ Report Date +11.1%

HTBK Heritage Commerce Corp 4.2%

Value $4.127M Shares 377,210 Share Price $10.94 Est. Cost/Share $8.61 Unrealized @ Report Date +28.6%

SFBS Servisfirst Bancshares Inc 4.0%

Value $3.997M Shares 77,000 Share Price $51.91 * Est. Cost/Share $12.99 Unrealized @ Report Date +73.9%

FMBH First Mid Ill Bancshares, Inc. 3.9%

Value $3.879M Shares 142,292 Share Price $27.26 * Est. Cost/Share $15.84 Unrealized @ Report Date +37.1%

— Green Bancorp Inc 3.7%

Value $3.662M Shares 335,000 Share Price $10.93 Est. Cost/Share $9.62 Unrealized @ Report Date —

CFR Cullen Frost Bankers Inc 3.6%

Value $3.597M Shares 50,000 Share Price $71.94 * Est. Cost/Share $38.79 Unrealized @ Report Date +42.1%

— Northwest Bancorporation 3.3%

Value $3.283M Shares 354,518 Share Price $9.26 Est. Cost/Share $8.97 Unrealized @ Report Date —

— FCB Financial Holdings Inc CL A 3.1%

Value $3.074M Shares 80,000 Share Price $38.42 Est. Cost/Share $32.62 Unrealized @ Report Date —

— Northern States Financial Corp 2.6%

Value $2.563M Shares 3,847,685 Share Price $0.67 Est. Cost/Share $0.62 Unrealized @ Report Date —

— Stonegate Bank FT Lauderdale FLA 2.3%

Value $2.263M Shares 67,059 Share Price $33.75 Est. Cost/Share $33.75 Unrealized @ Report Date —

— BOFI Hldg Inc 2.3%

Value $2.24M Shares 100,000 Share Price $22.40 Est. Cost/Share $21.25 Unrealized @ Report Date —

— Bay Bancorp Inc 2.2%

Value $2.132M Shares 386,976 Share Price $5.51 Est. Cost/Share $5.21 Unrealized @ Report Date —

— Bank of the Ozarks Inc 2.1%

Value $2.112M Shares 55,000 Share Price $38.40 Est. Cost/Share $43.75 Unrealized @ Report Date —

— Grandsouth Bancorporation 1.7%

Value $1.671M Shares 125,000 Share Price $13.37 Est. Cost/Share $12.63 Unrealized @ Report Date —

— Xenith Bankshares Inc 1.6%

Value $1.63M Shares 705,764 Share Price $2.31 Est. Cost/Share $3.36 Unrealized @ Report Date —

— Proshares TR PSHS ULSHT SP500 1.5%

Value $1.475M Shares 90,000 Share Price $16.39 Est. Cost/Share $16.39 Unrealized @ Report Date —

— Sunshine Bancorp Inc 1.4%

Value $1.337M Shares 90,440 Share Price $14.78 Est. Cost/Share $15.13 Unrealized @ Report Date —

ZION ZIONS Bancorporation 1.3%

Value $1.241M Shares 40,000 Share Price $31.02 Est. Cost/Share $23.00 Unrealized @ Report Date +34.9%

— MB Financial Inc New 1.2%

Value $1.179M Shares 31,000 Share Price $38.03 Est. Cost/Share $32.86 Unrealized @ Report Date —

WBS Webster Financial Corp Conn 1.0%

Value $950K Shares 25,000 Share Price $38.00 Est. Cost/Share $30.92 Unrealized @ Report Date +22.9%

HOPE Hope Bancorp Inc 1.0%

Value $942K Shares 54,238 Share Price $17.37 Est. Cost/Share $16.20 Unrealized @ Report Date +7.2%

COLB Columbia Bkg Sys Inc 0.8%

Value $818K Shares 25,000 Share Price $32.72 * Est. Cost/Share $17.83 Unrealized @ Report Date +23.7%

— Bank of Commerce Holdings 0.8%

Value $792K Shares 110,000 Share Price $7.20 Est. Cost/Share $7.20 Unrealized @ Report Date —

— ZIONS Bancorporation Jan 20 2017 20.00 0.7%

Value $705K Shares 650 Share Price $1084.62 Est. Cost/Share — Unrealized @ Report Date —

BOTJ Bank of the James Financial Group 0.5%

Value $537K Shares 44,200 Share Price $12.15 * Est. Cost/Share $8.63 Unrealized @ Report Date +3.2%

BMRC Bank of Marin Bancorp 0.4%

Value $398K Shares 8,000 Share Price $49.75 * Est. Cost/Share $17.87 Unrealized @ Report Date +3.6%

— California Bank of Commerce CA 0.3%

Value $328K Shares 24,061 Share Price $13.63 Est. Cost/Share $13.63 Unrealized @ Report Date —

— Direxion SHS ETF Tr Dly S&P 500 Bear 0.3%

Value $258K Shares 21,000 Share Price $12.29 Est. Cost/Share $14.76 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	Pacific Premier Bancorp	300,000	$7.938M	8.0%	$26.46	$17.33	—	common	69478X105
—	Franklin Financial Network	190,000	$7.106M	7.2%	$37.40	$21.00	—	common	35352P104
—	First Bancshares Inc MS	291,335	$5.564M	5.6%	$19.10	$14.61	—	common	318916103
—	Evans Bancorp Inc	181,222	$4.956M	5.0%	$27.35	$24.33	—	common	29911Q208
—	Carolina Bk Hldgs Greensboro	236,005	$4.604M	4.7%	$19.51	$13.41	—	common	143785103
—	CU Bancorp Calif	200,000	$4.562M	4.6%	$22.81	$22.75	—	common	126534106
BUSE	First Busey Corp	194,363	$4.393M	4.4%	$22.60 *	$14.66	+8.6%	common	319383204
TFIN	Triumph Bancorp Inc	220,000	$4.365M	4.4%	$19.84	$13.66	+45.2%	common	89679E300
ONB	Old Natl Bancorp IND	300,000	$4.218M	4.3%	$14.06	$12.65	+11.1%	common	680033107
HTBK	Heritage Commerce Corp	377,210	$4.127M	4.2%	$10.94	$8.61	+28.6%	common	426927109
SFBS	Servisfirst Bancshares Inc	77,000	$3.997M	4.0%	$51.91 *	$12.99	+73.9%	common	81768T108
FMBH	First Mid Ill Bancshares, Inc.	142,292	$3.879M	3.9%	$27.26 *	$15.84	+37.1%	common	320866106
—	Green Bancorp Inc	335,000	$3.662M	3.7%	$10.93	$9.62	—	common	39260X100
CFR	Cullen Frost Bankers Inc	50,000	$3.597M	3.6%	$71.94 *	$38.79	+42.1%	common	229899109
—	Northwest Bancorporation	354,518	$3.283M	3.3%	$9.26	$8.97	—	common	667337109
—	FCB Financial Holdings Inc CL A	80,000	$3.074M	3.1%	$38.42	$32.62	—	common	30255G103
—	Northern States Financial Corp	3,847,685	$2.563M	2.6%	$0.67	$0.62	—	common	665751103
—	Stonegate Bank FT Lauderdale FLA	67,059	$2.263M	2.3%	$33.75	$33.75	—	common	861811107
—	BOFI Hldg Inc	100,000	$2.24M	2.3%	$22.40	$21.25	—	common	05566U108
—	Bay Bancorp Inc	386,976	$2.132M	2.2%	$5.51	$5.21	—	common	07203T106
—	Bank of the Ozarks Inc	55,000	$2.112M	2.1%	$38.40	$43.75	—	common	063904106
—	Grandsouth Bancorporation	125,000	$1.671M	1.7%	$13.37	$12.63	—	common	386627301
—	Xenith Bankshares Inc	705,764	$1.63M	1.6%	$2.31	$3.36	—	common	98410X105
—	Proshares TR PSHS ULSHT SP500	90,000	$1.475M	1.5%	$16.39	$16.39	—	common	74347B300
—	Sunshine Bancorp Inc	90,440	$1.337M	1.4%	$14.78	$15.13	—	common	86777J108
ZION	ZIONS Bancorporation	40,000	$1.241M	1.3%	$31.02	$23.00	+34.9%	common	989701107
—	MB Financial Inc New	31,000	$1.179M	1.2%	$38.03	$32.86	—	common	55264U108
WBS	Webster Financial Corp Conn	25,000	$950K	1.0%	$38.00	$30.92	+22.9%	common	947890109
HOPE	Hope Bancorp Inc	54,238	$942K	1.0%	$17.37	$16.20	+7.2%	common	43940T109
COLB	Columbia Bkg Sys Inc	25,000	$818K	0.8%	$32.72 *	$17.83	+23.7%	common	197236102
—	Bank of Commerce Holdings	110,000	$792K	0.8%	$7.20	$7.20	—	common	06424J103
—	ZIONS Bancorporation Jan 20 2017 20.00	650	$705K	0.7%	$1084.62	—	—	Call	989701907
BOTJ	Bank of the James Financial Group	44,200	$537K	0.5%	$12.15 *	$8.63	+3.2%	common	470299108
BMRC	Bank of Marin Bancorp	8,000	$398K	0.4%	$49.75 *	$17.87	+3.6%	common	063425102
—	California Bank of Commerce CA	24,061	$328K	0.3%	$13.63	$13.63	—	common	13005C101
—	Direxion SHS ETF Tr Dly S&P 500 Bear	21,000	$258K	0.3%	$12.29	$14.76	—	common	25459Y371