UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8
Report for the Calendar Year or Quarter Ended:
03-31-2023
Check here if Amendment: ☒ Amendment Number:
1
This Amendment (Check only one.):☒ is a restatement.
☐ adds new holdings entries.

Institutional Investment Manager Filing this Report:

Name:
Petiole USA ltd
Address:
3 Columbus Circle
Suite 1201
New York, NY 10019
Form 13F File Number:
028-21843

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.


Person Signing this Report on Behalf of Reporting Manager:
Name:
Andre Nussbaumer
Title:
Chief Compliance Officer
Phone:
646-833-2386


Signature, Place, and Date of Signing:

/s/ Andre Nussbaumer
                         [Signature]
New York, NEW YORK
                 [City, State]
05-15-2023
                           [Date]
                          

Report Type (Check only one.):

☒ 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) 

☐ 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) 

☐ 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)


Form 13F Summary Page

Report Summary:

Number of Other Included Managers:
0
Form 13F Information table Entry Total:
37
Form 13F Information table Value Total:
119459421
          (thousands)

List of Other Included Managers:

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column headings and list entries.]

  
NONE


UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8
COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
BANC OF CALIFORNIA INCCOM05990K1064,976,509397,168SHSOLE397,168 0 0
BLUE RIDGE BANKSHARES INC VACOM0958251052,802,705274,775SHSOLE274,775 0 0
CALIFORNIA BANCORP INCCOM13005U1011,357,17469,563SHSOLE69,563 0 0
CARTER BANKSHARES INCCOM NEW1461031065,556,222396,873SHSOLE396,873 0 0
CB FINL SVCS INCCOM12479G1014,671,949215,198SHSOLE215,198 0 0
CITIZENS FINL GROUP INCCOM1746101051,927,09863,454SHSOLE63,454 0 0
CODORUS VY BANCORP INCCOM1920251044,315,212207,962SHSOLE207,962 0 0
COLONY BANKCORP INCCOM19623P1014,835,443474,063SHSOLE474,063 0 0
COLUMBIA BKG SYS INCCOM197236102830,66838,780SHSOLE38,780 0 0
COMERICA INCCOM2003401071,513,18734,850SHSOLE34,850 0 0
EAGLE BANCORP MONT INCCOM26942G1003,266,183231,480SHSOLE231,480 0 0
F N B CORPCOM3025201011,373,684118,421SHSOLE118,421 0 0
FIRST BANCORP N CCOM3189101061,932,29354,400SHSOLE54,400 0 0
FIRST BANCSHARES INC MSCOM3189161034,378,237169,502SHSOLE169,502 0 0
FIRST CTZNS BANCSHARES INC NCL A31946M1035,789,9455,950SHSOLE5,950 0 0
FIRST MERCHANTS CORPCOM3208171093,098,84994,047SHSOLE94,047 0 0
FIRST NATL CORPCOM32106V1074,923,866311,440SHSOLE311,440 0 0
FIRST NORTHWEST BANCORPCOM3358341073,021,016262,697SHSOLE262,697 0 0
HANCOCK WHITNEY CORPORATIONCOM4101201094,412,336121,218SHSOLE121,218 0 0
HANMI FINL CORPCOM NEW4104952041,330,55971,651SHSOLE71,651 0 0
HOMETRUST BANCSHARES INCCOM4378721041,905,60277,495SHSOLE77,495 0 0
INVESTAR HLDG CORPCOM46134L1052,401,720172,043SHSOLE172,043 0 0
MALVERN BANCORP INCCOM5614091033,039,000200,000SHSOLE200,000 0 0
MERIDIAN CORPORATIONCOM58958P1043,227,692256,166SHSOLE256,166 0 0
MID PENN BANCORP INCCOM59540G1075,048,013197,111SHSOLE197,111 0 0
MIDWEST HLDG INCCOM NEW59833J2061,573,96499,594SHSOLE99,594 0 0
PACWEST BANCORP DELCOM695263103573,43858,935SHSOLE58,935 0 0
PINNACLE FINL PARTNERS INCCOM72346Q1042,537,58146,004SHSOLE46,004 0 0
PRIMIS FINANCIAL CORPCOM74167B1091,047,754108,801SHSOLE108,801 0 0
SB FINL GROUP INCCOM78408D1053,754,482265,710SHSOLE265,710 0 0
SHORE BANCSHARES INCCOM825107105898,42662,915SHSOLE62,915 0 0
SOUTHSTATE CORPORATIONCOM8404411091,832,45125,715SHSOLE25,715 0 0
SPDR SER TRS&P REGL BKG78464A69815,789,600360,000SHCallSOLE360,000 0 0
SYNOVUS FINL CORPCOM NEW87161C5012,938,65495,318SHSOLE95,318 0 0
WEBSTER FINL CORPCOM9478901092,715,05368,875SHSOLE68,875 0 0
WESTERN ALLIANCE BANCORPCOM9576381091,692,59347,625SHSOLE47,625 0 0
WINTRUST FINL CORPCOM97650W1082,170,26329,750SHSOLE29,750 0 0