AMERANT BANCORP INC

Ticker: AMTB CUSIP: 023576101 Class: Common Stock

EMERALD MUTUAL FUND ADVISERS TRUST's Holding History (CIK: 0001352895)

Note: Option positions (PUT/CALL) are excluded.

Q1 2020

Shares 341,094 Value ($000) $5,249 Avg Close $16.95 Range $10.21 - $20.42

Q4 2019

Shares 357,208 Value ($000) $7,784 Avg Close $19.40 Range $17.15 - $22.00

Q3 2019

Shares 533,450 Value ($000) $11,186 Avg Close $17.08 Range $14.83 - $20.40

Q2 2019

Shares 533,450 Value ($000) $10,514 Avg Close $16.42 Range $12.80 - $18.74

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2020	341,094	$5,249	$16.95	$10.21 - $20.42
Q4 2019	357,208	$7,784	$19.40	$17.15 - $22.00
Q3 2019	533,450	$11,186	$17.08	$14.83 - $20.40
Q2 2019	533,450	$10,514	$16.42	$12.80 - $18.74