SECOND CURVE CAPITAL LLC Information

350 FIFTH AVENUE, NEW YORK, New York, 10118, (646) 563-7635

Report Date: 12/31/2014

Position Statistics

Total Positions 28
New Positions 3
Increased Positions 12
Decreased Positions 13
Positions with Activity 25
Sold Out Positions 3
Total Mkt Value (in $ millions) 242

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials
Capital Goods 9.58%
Conglomerates
Consumer Cyclical
Consumer/Non-Cyclical
Energy
Financial 76.74%
Healthcare
Services 1.24%
Technology
Transportation
Utilities

28 Positions as of 12/31/2014

Company ▲ Class Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) Shares Held
ALTISOURCE RESIDENTIAL CORP CL B 2,435 -1,054 (30.22) 127,000
BANCORP INC DEL COM 21,048 -6,188 (22.72) 2,204,003
BANK AMER CORP WT EXP 011619 17,703 -3,436 (16.26) 3,057,455
BANK AMER CORP WT EXP 102818 400 New 741,000
BANK AMER CORP COM 322 New 20,000
BEAZER HOMES USA INC COM NEW 9,866 -980 (9.04) 546,586
CITIGROUP INC COM NEW 269 New 5,000
CONSUMER PORTFOLIO SVCS INC COM 13,827 -330 (2.33) 2,088,743
FIRST ACCEPTANCE CORP COM 9,997 812 8.85 3,224,807
FIRST BANCORP P R COM NEW 9,272 -1,211 (11.55) 1,512,500
FIRST MARBLEHEAD CORP COM NEW 7,803 200 2.64 1,168,161
FIRST SEC GROUP INC COM NEW -233 Sold Out 0
FIRST UTD CORP COM 2,466 43 1.78 286,086
HILLTOP HOLDINGS INC COM -605 Sold Out 0
LENDINGTREE INC NEW COM 19,697 -7,931 (28.71) 357,991
LYON WILLIAM HOMES CL A NEW 13,292 -3,094 (18.88) 599,300
META FINL GROUP INC COM 17,444 1,406 8.76 439,494
NEW HOME CO INC COM 13,972 3,520 33.68 935,802
NEWSTAR FINANCIAL INC COM 33,091 -11,796 (26.28) 2,918,114
NICHOLAS FINANCIAL INC COM NEW 189 189 New 15,000