Filing Details
- Accession Number:
- 0001171520-17-000113
- Form Type:
- 13G Filing
- Publication Date:
- 2017-02-14 17:06:56
- Filed By:
- Fj Capital Management Llc
- Company:
- West End Indiana Bancshares Inc. (OTCBB:WEIN.OB)
- Filing Date:
- 2017-02-14
- SEC Url:
- 13G Filing
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
| Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
|---|---|---|---|---|---|---|
| Financial Opportunity Fund | 2,089 | 88,713 | 2,089 | 88,713 | 8.33% | |
| Andrew Jose | 6,698 | 88,713 | 6,698 | 9 | 0.20% | |
| Martin S. Friedman | 88,713 | 88,713 | 8.96% | |||
| FJ Capital Management | 88,713 | 8.33% |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 3) *
| West End Indiana Bancshares, Inc. (WEIN) |
| (Name of Issuer) |
| Common Stock |
| (Title of Class of Securities) |
|
|
| 952678100 |
| (CUSIP Number) |
| 12/31/2016 |
| (Date of Event Which Requires Filing of this Statement) |
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
| ☐ | Rule 13d-1(b) | |
| ☑ | Rule 13d-1(c) | |
| ☐ | Rul |
* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
| CUSIP No. | 952678100 | Page 2 of 9 |
|
1 |
NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
| Financial Opportunity Fund LLC
| ||
|
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
| (a) [x] (b) [ ] | ||
|
3 |
SEC USE ONLY
| |||
|
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION
| Delaware | ||
| NUMBER OF SHARES | 5 | SOLE VOTING POWER | ||
| BENEFICIALLY HELD BY | 6 | SHARED VOTING POWER | 88,713 (1) | |
| EACH REPORTING | 7 | SOLE DISPOSITIVE POWER | ||
| PERSON WITH | 8 | SHARED DISPOSITIVE POWER | 88,713 (1) | |
|
9 |
AGGREGATE AMOUNT BENEFICIALLY HELD BY EACH REPORTING PERSON
| 88,713 (1) | ||
|
10 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDESCERTAIN SHARES
| [ ] | ||
|
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
| 8.33% | ||
|
12 |
TYPE OF REPORTING PERSON
| OO | ||
(1) Consists of 88,713 shares of common stock of the Issuer held by Financial Opportunity Fund LLC.
| CUSIP No. | 952678100 | Page 3 of 9 |
|
1 |
NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
| Andrew Jose
| ||
|
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
| (a) [x] (b) [_] | ||
|
3 |
SEC USE ONLY
| |||
|
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION
| United States | ||
| NUMBER OF SHARES | 5 | SOLE VOTING POWER | 2,089 (1) | |
| BENEFICIALLY HELD BY | 6 | SHARED VOTING POWER | ||
| EACH REPORTING | 7 | SOLE DISPOSITIVE POWER | 2,089 (1) | |
| PERSON WITH | 8 | SHARED DISPOSITIVE POWER | ||
|
9 |
AGGREGATE AMOUNT BENEFICIALLY HELD BY EACH REPORTING PERSON
| 2,089 (1) | ||
|
10 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
| [ ] | ||
|
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
| 0.20% | ||
|
12 |
TYPE OF REPORTING PERSON
| IN | ||
(1) Consists of 2,089 shares of common stock of the Issuer owned directly by Andrew Jose, co-founder and managing partner of FJ Capital Management LLC.
| CUSIP No. | 952678100 | Page 4 of 9 |
|
1 |
NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
| Martin S. Friedman
| ||
|
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
| (a) [x] (b) [_] | ||
|
3 |
SEC USE ONLY
| |||
|
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION
| United States | ||
| NUMBER OF SHARES | 5 | SOLE VOTING POWER | 6,698 (1) | |
| BENEFICIALLY HELD BY | 6 | SHARED VOTING POWER | 88,713 (2) | |
| EACH REPORTING | 7 | SOLE DISPOSITIVE POWER | 6,698 (1) | |
| PERSON WITH | 8 | SHARED DISPOSITIVE POWER | 88,713 (2) | |
|
9 |
AGGREGATE AMOUNT BENEFICIALLY HELD BY EACH REPORTING PERSON
| 95,411 (3) | ||
|
10 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
| [ ] | ||
|
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
| 8.96% | ||
|
12 |
TYPE OF REPORTING PERSON
| IN | ||
| (1) | Comprised of 6,698 shares of common stock of the Issuer owned directly by Martin Friedman, Co-Founder and Managing Member of FJ Capital Management LLC. |
| (2) | Comprised of 88,713 shares of common stock of the Issuer held by Financial Opportunity Fund LLC, of which FJ Capital Management LLC is the managing member; as such, the Reporting Person may be deemed to be a beneficial owner of reported shares. Martin Friedman is the Managing Member of FJ Capital Management LLC; as such, Mr. Friedman may be deemed to be a beneficial owner of reported shares but as to which Mr. Friedman disclaims beneficial ownership. |
| (3) | Comprised of 88,713 shares of common stock of the Issuer held by Financial Opportunity Fund LLC, which FJ Capital Management LLC is the managing member, and 6,698 shares of common stock of the Issuer owned by Martin Friedman, the managing member of FJ Capital Management LLC; as such, Mr. Friedman may be deemed to be a beneficial owner of reported shares but as to which Mr. Friedman disclaims beneficial ownership. |
| CUSIP No. | 952678100 | Page 5 of 9 | ||||||
|
1 |
NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
| FJ Capital Management LLC
| ||||||
|
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
| (a) [x] (b) [_] | ||||||
|
3 |
SEC USE ONLY
| |||||||
|
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION
| Delaware | ||||||
| NUMBER OF SHARES | 5 | SOLE VOTING POWER | ||||||
| BENEFICIALLY HELD BY | 6 | SHARED VOTING POWER | 88,713 (1) | |||||
| EACH REPORTING | 7 | SOLE DISPOSITIVE POWER | ||||||
| PERSON WITH | 8 | SHARED DISPOSITIVE POWER | 88,713 (1) | |||||
|
9 |
AGGREGATE AMOUNT BENEFICIALLY HELD BY EACH REPORTING PERSON
| 88,713 (1) | ||||||
|
10 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
| [ ] | ||||||
|
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
| 8.33% | ||||||
|
12 |
TYPE OF REPORTING PERSON
| IA | ||||||
| (1) | Comprised of 88,713 common stock of the Issuer held by Financial Opportunity Fund LLC, of which FJ Capital Management LLC is the managing member; as such, the Reporting Person may be deemed to be a beneficial owner of reported shares but as to which the Reporting Person disclaims beneficial ownership. |
| CUSIP No. | 952678100 | Page 6 of 9 |
| Item 1(a). | Name of Issuer: | |
| West End Indiana Bancshares, Inc. (WEIN) | ||
| Item 1(b). | Address of Issuer’s Principal Executive Offices: | |
| 34 South 7th Street, Richmond, Indiana 47374 | ||
| Item 2(a). | Name of Person Filing: | |
| This Schedule 13G is being filed on behalf of the following Reporting Persons:
Financial Opportunity Fund LLC Andrew Jose Martin S. Friedman FJ Capital Management LLC | ||
|
| ||
| Item 2(b). | Address of Principal Business Office or, if None, Residence: | |
|
Financial Opportunity Fund LLC 1313 Dolley Madison Blvd., Ste 306 | ||
| McLean, VA 22101
Andrew Jose 1313 Dolley Madison Blvd., Ste 306 | ||
| McLean, VA 22101
Martin S. Friedman 1313 Dolley Madison Blvd., Ste 306 McLean, VA 22101
FJ Capital Management LLC 1313 Dolley Madison Blvd., Ste 306 McLean, VA 22101
|
| CUSIP No. | 952678100 | Page 7 of 9 | |||
| Item 2(c). | Citizenship: | ||||
| Financial Opportunity Fund LLC, FJ Capital Management LLC – Delaware limited liability companies Andrew F. Jose – United States citizen | |||||
| Martin S. Friedman – United States citizen | |||||
| Item 2(d). | Title of Class of Securities: | ||||
| Common Stock | |||||
| Item 2(e). | CUSIP Number: | ||||
| 952678100 | |||||
| Item 3. | If This Statement is Filed Pursuant to §§240.13d-1(b), or 240.13d-2(b) or (c), Check Whether the Person Filing is a: | ||||
| (a) | ☐ | Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o). | |
| (b) | ☐ | Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c). | |
| (c) | ☐ | Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c). | |
| (d) | ☐ | Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). | |
| (e) | ☐ | An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); |
| (f) | ☐ | An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); | |
| (g) | ☐ | A parent holding company or control person in accordance with §240.13d-1(b)(ii)(G); | |
| (h) | ☐ | A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); | |
| (i) | ☐ | A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act (15 U.S.C. 80a-3); | |
| (j) | ☐ | Group, in accordance with §240.13d-1(b)(1)(ii)(J). |
| Item 4. | Ownership. |
| Ownership information is provided as of: |
| CUSIP No. | 952678100 | Page 8 of 9 | ||||
| (a) | Amount beneficially held: | |||||
| Financial Opportunity Fund LLC – 88,713 shares Andrew F. Jose – 2,089 shares Martin S. Friedman – 95,411 shares FJ Capital Management LLC – 88,713 shares
| ||||||
| (b) | Percent of class: | |||||
| Financial Opportunity Fund LLC – 8.33% Andrew F. Jose – 0.20% Martin S. Friedman – 8.96% FJ Capital Management LLC – 8.33%
| ||||||
| (c) | Number of shares as to which such person has: | |||||
| (i) | Sole power to vote or to direct the vote | |||||
|
Andrew F. Jose – 2,089 shares Martin Friedman - 6,698 shares | ||||||
| (ii) | Shared power to vote or to direct the vote | |||||
| Financial Opportunity Fund LLC – 88,713 shares Martin Friedman – 88,713 Shares FJ Capital Management LLC – 88,713 shares
| ||||||
| (iii) | Sole power to dispose or to direct the disposition of | |||||
| Andrew F. Jose – 2,089 shares Martin Friedman – 6,698 shares
| ||||||
| (iv) | Shared power to dispose or to direct the disposition of | |||||
| Financial Opportunity Fund LLC – 88,713 shares Martin Friedman – 88,713 Shares FJ Capital Management LLC – 88,713 shares
| ||||||
| CUSIP No. | 952678100 | Page 9 of 9 |
| Item 5. | Ownership of Five Percent or Less of a Class. |
| N/A | |
| Item 6. | Ownership of More than Five Percent on Behalf of Another Person. |
| N/A | |
| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. |
| N/A | |
| Item 8. | Identification and Classification of Members of the Group. |
| Due to the relationships among them, the reporting persons hereunder may be deemed to constitute a “group” with one another for purposes of Section 13(d)(3) of the Securities Exchange Act of 1934. | |
| Item 9. | Notice of Dissolution of Group. |
| N/A | |
| Item 10. | Certification. |
By signing below, I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
|
Date: 2/13/2017
| FINANCIAL OPPORTUNITY FUND LLC By: FJ Capital Management LLC, its Managing Member
By: /s/ Martin S. Friedman Name: Martin S. Friedman Title: Co-founder and Managing Member
FJ Capital Management LLC
By: /s/ Martin S. Friedman Name: Martin Friedman Title: Co-founder and Managing Member
/s/ Martin S. Friedman MARTIN S. FRIEDMAN |
|
Andrew F. Jose By: FJ Capital Management, LLC, its Managing Member
By: /s/ Andrew F. Jose Name: Andrew F. Jose Title: Co-Founder and Managing Partner
|
Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C, 1001)
Exhibit 1
Joint Filing Agreement
The undersigned agree that this Schedule 13G, and all amendments thereto, relating to the Common Stock of West End Indiana Bancshares, Inc. (WEIN), shall be filed on behalf of the undersigned.
fINANCIAL OPPORTUNITY Fund LLC By: FJ Capital Management, LLC
By: /s/ Martin S. Friedman Name: Martin S. Friedman Title: Co-founder and Managing Member
FJ Capital Management LLC By: /s/ Martin S. Friedman Name: Martin Friedman Title: Co-founder and Managing Member
/s/
Martin S. Friedman | Andrew F. Jose By: FJ Capital Management, LLC, its Managing Member
By: /s/ Andrew F. Jose Name: Andrew F. Jose Title: Co-founder and Managing Partner |