JCSD Capital, LLC Hedge Fund

CIK: 0001444055 · Show all filings

Period: Q1 2018 (← Previous) (Next →)

Filing Date: May 9, 2018

Total Value ($000): $137,133 (99.8% shares, 0.2% debt)

Holdings (42)

— Pacific Premier Bancorp 7.2%

Value ($000) $9,849 Shares 245,000 Est. Cost $18.25 Unrealized —

— First Bancshares Inc MS 6.4%

Value ($000) $8,836 Shares 273,975 Est. Cost $16.56 Unrealized —

HOMB Home Bancshares, Inc. 6.2%

Value ($000) $8,456 Shares 370,693 Est. Cost $23.97 Unrealized -0.0%

— Franklin Financial Network 5.8%

Value ($000) $7,922 Shares 243,003 Est. Cost $25.12 Unrealized —

— Sandy Spring Bancorp Inc. 5.7%

Value ($000) $7,870 Shares 203,036 Est. Cost $38.76 Unrealized —

— Evans Bancorp Inc 4.2%

Value ($000) $5,777 Shares 127,661 Est. Cost $26.19 Unrealized —

FBNC First Bancorp NC 4.0%

Value ($000) $5,526 Shares 155,000 Est. Cost $24.85 Unrealized +22.7%

OPBK OP Bancorp 3.9%

Value ($000) $5,413 Shares 434,816 Est. Cost $9.24 Unrealized +12.8%

— Bay Banks of Virginia, Inc. 3.6%

Value ($000) $4,903 Shares 505,482 Est. Cost $9.63 Unrealized —

— Grandsouth Bancorporation 3.5%

Value ($000) $4,810 Shares 344,791 Est. Cost $13.62 Unrealized —

— Northern States Financial Corp 3.3%

Value ($000) $4,513 Shares 5,937,685 Est. Cost $0.67 Unrealized —

BUSE First Busey Corp 3.1%

Value ($000) $4,311 Shares 145,062 Est. Cost $14.66 Unrealized +53.4%

ONB Old Natl Bancorp IND 3.1%

Value ($000) $4,259 Shares 252,000 Est. Cost $12.65 Unrealized +39.0%

— Northwest Bancorporation 2.8%

Value ($000) $3,849 Shares 286,198 Est. Cost $9.19 Unrealized —

— Pioneer Bancshares, Inc. 2.6%

Value ($000) $3,583 Shares 98,000 Est. Cost $36.56 Unrealized —

SBFG SB Financial Group Inc. 2.5%

Value ($000) $3,388 Shares 183,070 Est. Cost $17.69 Unrealized 0.0%

HTBK Heritage Commerce Corp 2.5%

Value ($000) $3,378 Shares 205,000 Est. Cost $8.61 Unrealized +88.1%

— Bank of Commerce Holdings 2.4%

Value ($000) $3,235 Shares 277,642 Est. Cost $9.26 Unrealized —

— Pacwest Bancorp DEL 2.2%

Value ($000) $2,972 Shares 60,000 Est. Cost $50.40 Unrealized —

— US Metro Bank 2.1%

Value ($000) $2,904 Shares 754,173 Est. Cost $4.20 Unrealized —

— FCB Financial Holdings Inc CL A 1.9%

Value ($000) $2,555 Shares 50,000 Est. Cost $32.62 Unrealized —

— Bank of the Ozarks Inc 1.8%

Value ($000) $2,414 Shares 50,000 Est. Cost $45.54 Unrealized —

— BOFI Hldg Inc 1.6%

Value ($000) $2,229 Shares 55,000 Est. Cost $22.08 Unrealized —

CFR Cullen Frost Bankers Inc 1.5%

Value ($000) $2,121 Shares 20,000 Est. Cost $38.79 Unrealized +113.2%

TFIN Triumph Bancorp Inc 1.5%

Value ($000) $2,060 Shares 50,000 Est. Cost $14.05 Unrealized +178.8%

VABK Virginia National Bankshares 1.3%

Value ($000) $1,778 Shares 42,094 Est. Cost $38.25 Unrealized 0.0%

— Metro Phoenix Bank 1.3%

Value ($000) $1,748 Shares 166,667 Est. Cost $9.00 Unrealized —

— Green Bancorp Inc 1.1%

Value ($000) $1,558 Shares 70,000 Est. Cost $9.62 Unrealized —

ORPB Oregon Pacific Bancorp 1.1%

Value ($000) $1,543 Shares 323,534 Est. Cost $4.63 Unrealized +4.7%

— First South Bancorp, Inc. 1.1%

Value ($000) $1,453 Shares 1,597,246 Est. Cost $0.78 Unrealized —

— Highlands Bancorp, Inc. 1.0%

Value ($000) $1,425 Shares 107,527 Est. Cost $12.95 Unrealized —

— Citizens Commerce Bancshares, Inc. 1.0%

Value ($000) $1,401 Shares 1,932,069 Est. Cost $0.64 Unrealized —

— CalWest Bancorp 1.0%

Value ($000) $1,372 Shares 3,518,105 Est. Cost $0.39 Unrealized —

PMHG Prime Meridian Holding Company 0.9%

Value ($000) $1,264 Shares 63,375 Est. Cost $19.02 Unrealized +3.8%

WTBFB W.T.B Financial Corporation 0.9%

Value ($000) $1,190 Shares 3,500 Est. Cost $281.24 Unrealized +27.4%

— Bank of Fincastle 0.8%

Value ($000) $1,158 Shares 486,486 Est. Cost $2.17 Unrealized —

— Capital Commerce Bancorp, Inc. 0.8%

Value ($000) $1,120 Shares 289,000 Est. Cost $3.88 Unrealized —

HOPE Hope Bancorp Inc 0.7%

Value ($000) $987 Shares 54,238 Est. Cost $16.20 Unrealized +14.4%

COLB Columbia Bkg Sys Inc 0.6%

Value ($000) $839 Shares 20,000 Est. Cost $17.83 Unrealized +70.1%

WBS Webster Financial Corp Conn 0.6%

Value ($000) $831 Shares 15,000 Est. Cost $30.92 Unrealized +82.8%

— Pacwest Bancorp DEL June 15 2018 50 0.2%

Value ($000) $215 Shares 1,000 Est. Cost — Unrealized —

— BOFI Hldg Inc April 20 2018 30 0.1%

Value ($000) $118 Shares 110 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	Pacific Premier Bancorp	245,000	$9,849	7.2%	$18.25	—	common	69478X105
—	First Bancshares Inc MS	273,975	$8,836	6.4%	$16.56	—	common	318916103
HOMB	Home Bancshares, Inc.	370,693	$8,456	6.2%	$23.97	-0.0%	common	436893200
—	Franklin Financial Network	243,003	$7,922	5.8%	$25.12	—	common	35352P104
—	Sandy Spring Bancorp Inc.	203,036	$7,870	5.7%	$38.76	—	common	800363103
—	Evans Bancorp Inc	127,661	$5,777	4.2%	$26.19	—	common	29911Q208
FBNC	First Bancorp NC	155,000	$5,526	4.0%	$24.85	+22.7%	common	318910106
OPBK	OP Bancorp	434,816	$5,413	3.9%	$9.24	+12.8%	common	67109R109
—	Bay Banks of Virginia, Inc.	505,482	$4,903	3.6%	$9.63	—	common	072035108
—	Grandsouth Bancorporation	344,791	$4,810	3.5%	$13.62	—	common	386627301
—	Northern States Financial Corp	5,937,685	$4,513	3.3%	$0.67	—	common	665751103
BUSE	First Busey Corp	145,062	$4,311	3.1%	$14.66	+53.4%	common	319383204
ONB	Old Natl Bancorp IND	252,000	$4,259	3.1%	$12.65	+39.0%	common	680033107
—	Northwest Bancorporation	286,198	$3,849	2.8%	$9.19	—	common	667337109
—	Pioneer Bancshares, Inc.	98,000	$3,583	2.6%	$36.56	—	common	72357G102
SBFG	SB Financial Group Inc.	183,070	$3,388	2.5%	$17.69	0.0%	common	78408D105
HTBK	Heritage Commerce Corp	205,000	$3,378	2.5%	$8.61	+88.1%	common	426927109
—	Bank of Commerce Holdings	277,642	$3,235	2.4%	$9.26	—	common	06424J103
—	Pacwest Bancorp DEL	60,000	$2,972	2.2%	$50.40	—	common	695263103
—	US Metro Bank	754,173	$2,904	2.1%	$4.20	—	common	90343B102
—	FCB Financial Holdings Inc CL A	50,000	$2,555	1.9%	$32.62	—	common	30255G103
—	Bank of the Ozarks Inc	50,000	$2,414	1.8%	$45.54	—	common	063904106
—	BOFI Hldg Inc	55,000	$2,229	1.6%	$22.08	—	common	05566U108
CFR	Cullen Frost Bankers Inc	20,000	$2,121	1.5%	$38.79	+113.2%	common	229899109
TFIN	Triumph Bancorp Inc	50,000	$2,060	1.5%	$14.05	+178.8%	common	89679E300
VABK	Virginia National Bankshares	42,094	$1,778	1.3%	$38.25	0.0%	common	928031103
—	Metro Phoenix Bank	166,667	$1,748	1.3%	$9.00	—	common	59165E106
—	Green Bancorp Inc	70,000	$1,558	1.1%	$9.62	—	common	39260X100
ORPB	Oregon Pacific Bancorp	323,534	$1,543	1.1%	$4.63	+4.7%	common	686040205
—	First South Bancorp, Inc.	1,597,246	$1,453	1.1%	$0.78	—	common	33646D102
—	Highlands Bancorp, Inc.	107,527	$1,425	1.0%	$12.95	—	common	430887109
—	Citizens Commerce Bancshares, Inc.	1,932,069	$1,401	1.0%	$0.64	—	common	17452P101
—	CalWest Bancorp	3,518,105	$1,372	1.0%	$0.39	—	common	13169Q102
PMHG	Prime Meridian Holding Company	63,375	$1,264	0.9%	$19.02	+3.8%	common	74164R107
WTBFB	W.T.B Financial Corporation	3,500	$1,190	0.9%	$281.24	+27.4%	common	929334209
—	Bank of Fincastle	486,486	$1,158	0.8%	$2.17	—	common	062113105
—	Capital Commerce Bancorp, Inc.	289,000	$1,120	0.8%	$3.88	—	common	14005T102
HOPE	Hope Bancorp Inc	54,238	$987	0.7%	$16.20	+14.4%	common	43940T109
COLB	Columbia Bkg Sys Inc	20,000	$839	0.6%	$17.83	+70.1%	common	197236102
WBS	Webster Financial Corp Conn	15,000	$831	0.6%	$30.92	+82.8%	common	947890109
—	Pacwest Bancorp DEL June 15 2018 50	1,000	$215	0.2%	—	—	Call	695263903
—	BOFI Hldg Inc April 20 2018 30	110	$118	0.1%	—	—	Call	05566U908