Filing Details

Accession Number:
0001171520-16-000944
Form Type:
13G Filing
Publication Date:
2016-06-03 12:55:22
Filed By:
Fj Capital Long/short Equity Fund
Company:
Carolina Bank Holdings Inc (NASDAQ:CLBH)
Filing Date:
2016-06-03
SEC Url:
13G Filing
Ownership Summary

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 95,347 95,347 95,347 1.89%
Financial Opportunity Long Short Fund 688 688 688 0.01%
Bridge Equities III 102,307 102,307 102,307 2.03%
Bridge Equities VIII 4,225 4,225 4,225 0.08%
Bridge Equities IX 6,335 6,335 6,335 0.13%
Bridge Equities X 10,558 10,558 10,558 0.21%
Bridge Equities XI 6,516 6,516 6,516 0.13%
FJ Capital Management 253,741 123,800 253,741 5.04%
Martin S. Friedman 253,741 123,800 253,741 5.04%
SunBridge Manager 129,941 129,941 129,941 2.58%
SunBridge Holdings 129,941 129,941 129,941 2.58%
Realty Investment Company Inc 129,941 129,941 129,941 2.58%
Filing
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No.)*

 

Carolina Bank Holdings Inc (CLBH)
 (Name of Issuer)
 
Common Stock
(Title of Class of Securities)
 
143785103
(CUSIP Number)
 
05/25/2016
(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)
     
  Rule 13d-1(d)

 

* 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. 143785103 Page 2 of 21

 

 

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
OWNED BY
6 SHARED VOTING POWER 95,347 (1)
EACH
REPORTING
7 SOLE DISPOSITIVE POWER  
PERSON
WITH
8 SHARED DISPOSITIVE POWER

95,347 (1)

 

9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

95,347 (1)

 

10

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

[  ]

 

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

1.89%

 

12

 

TYPE OF REPORTING PERSON

 

OO
         

 

(1) Consists of 95,347 shares of common stock.

CUSIP No. 143785103 Page 3 of 21

 

 

1

 

NAME OF REPORTING PERSONS

I.R.S. IDENTIFICATION NO. OF ABOVE  PERSONS (ENTITIES ONLY)

 

Financial Opportunity Long/Short 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
OWNED BY
6 SHARED VOTING POWER 688 (1)
EACH
REPORTING
7 SOLE DISPOSITIVE POWER  
PERSON
WITH
8 SHARED DISPOSITIVE POWER

 

688 (1)

 

9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

688 (1)

 

10

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

[  ]

 

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

0.01%

 

12

 

TYPE OF REPORTING PERSON

 

OO
         

 

(1) Consists of 688 shares of common stock.

CUSIP No. 143785103 Page 4 of 21

 

1

 

NAME OF REPORTING PERSONS

I.R.S. IDENTIFICATION NO. OF ABOVE  PERSONS (ENTITIES ONLY)

 

Bridge Equities III 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
OWNED BY
6 SHARED VOTING POWER 102,307 (1)
EACH
REPORTING
7 SOLE DISPOSITIVE POWER  
PERSON
WITH
8 SHARED DISPOSITIVE POWER

 

102,307 (1)

 

9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

102,307 (1)

 

10

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

[  ]

 

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

2.03%

 

12

 

TYPE OF REPORTING PERSON

 

OO
         

 

(1) Consists of 102,307 shares of common stock.

CUSIP No. 143785103 Page 5 of 21

 

1

 

NAME OF REPORTING PERSONS

I.R.S. IDENTIFICATION NO. OF ABOVE  PERSONS (ENTITIES ONLY)

 

Bridge Equities VIII 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
OWNED BY
6 SHARED VOTING POWER 4,225 (1)
EACH
REPORTING
7 SOLE DISPOSITIVE POWER  
PERSON
WITH
8 SHARED DISPOSITIVE POWER

 

4,225 (1)

 

9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

4,225 (1)

 

10

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

[  ]

 

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

0.08%

 

12

 

TYPE OF REPORTING PERSON

 

OO
         

 

(1) Consists of 4,225 shares of common stock.

CUSIP No. 143785103 Page 6 of 21

 

1

 

NAME OF REPORTING PERSONS

I.R.S. IDENTIFICATION NO. OF ABOVE  PERSONS (ENTITIES ONLY)

 

Bridge Equities IX 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
OWNED BY
6 SHARED VOTING POWER 6,335 (1)
EACH
REPORTING
7 SOLE DISPOSITIVE POWER  
PERSON
WITH
8 SHARED DISPOSITIVE POWER

 

6,335 (1)

 

9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

6,335 (1)

 

10

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

[  ]

 

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

0.13%

 

12

 

TYPE OF REPORTING PERSON

 

OO
         

 

(1) Consists of 6,335 shares of common stock.

CUSIP No. 143785103 Page 7 of 21

 

1

 

NAME OF REPORTING PERSONS

I.R.S. IDENTIFICATION NO. OF ABOVE  PERSONS (ENTITIES ONLY)

 

Bridge Equities X 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
OWNED BY
6 SHARED VOTING POWER 10,558 (1)
EACH
REPORTING
7 SOLE DISPOSITIVE POWER  
PERSON
WITH
8 SHARED DISPOSITIVE POWER

 

10,558 (1)

 

9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

10,558 (1)

 

10

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

[  ]

 

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

0.21%

 

12

 

TYPE OF REPORTING PERSON

 

OO
         

 

(1) Consists of 10,558 shares of common stock.

CUSIP No. 143785103 Page 8 of 21

 

1

 

NAME OF REPORTING PERSONS

I.R.S. IDENTIFICATION NO. OF ABOVE  PERSONS (ENTITIES ONLY)

 

Bridge Equities XI 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
OWNED BY
6 SHARED VOTING POWER 6,516 (1)
EACH
REPORTING
7 SOLE DISPOSITIVE POWER  
PERSON
WITH
8 SHARED DISPOSITIVE POWER

 

6,516 (1)

 

9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

6,516 (1)

 

10

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

[  ]

 

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

0.13%

 

12

 

TYPE OF REPORTING PERSON

 

OO
         

 

(1) Consists of 6,516 shares of common stock.

CUSIP No. 143785103 Page 9 of 21

 

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
OWNED BY
6 SHARED VOTING POWER 253,741 (1)
EACH
REPORTING
7 SOLE DISPOSITIVE POWER  
PERSON
WITH
8 SHARED DISPOSITIVE POWER

 

123,800 (2)

 

9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

253,741 (1)

 

10

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

[  ]

 

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

5.04%

 

12

 

TYPE OF REPORTING PERSON

 

OO
         

 

(1)Consists of 95,347 shares of common stock held by Financial Opportunity Fund LLC and 688 shares of common stock held by Financial Opportunity Long/Short Fund LLC, of which FJ Capital Management LLC is the managing member, 102,307 shares of common stock held by Bridge Equities III LLC, 4,225 shares of common stock held by Bridge Equities VIII LLC, 6,335 shares of common stock held by Bridge Equities IX LLC, 10,558 shares of common stock held by Bridge Equities X LLC and 6,516 shares of common stock held by Bridge Equities XI LLC, of which FJ Capital Management LLC is the sub-investment advisor, and 27,765 shares of common stock held by a managed account that FJ Capital Management manages.

 

(2)Consists of 95,347 shares of common stock held by Financial Opportunity Fund LLC and 688 shares of common stock held by Financial Opportunity Long/Short Fund LLC, of which FJ Capital Management LLC is the managing member, and 27,765 shares owned by a managed account that FJ Capital Management manages.
CUSIP No. 143785103 Page 10 of 21

 

 

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  
BENEFICIALLY
OWNED BY
6 SHARED VOTING POWER 253,741 (1)
EACH
REPORTING
7 SOLE DISPOSITIVE POWER  
PERSON
WITH
8 SHARED DISPOSITIVE POWER

 

123,800 (2)

 

9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

253,741 (1)

 

10

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

[  ]

 

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

5.04%

 

12

 

TYPE OF REPORTING PERSON

 

IN
         

 

(1)Consists of 95,347 shares of common stock held by Financial Opportunity Fund LLC and 688 shares of common stock held by Financial Opportunity Long/Short Fund LLC, of which FJ Capital Management LLC is the managing member, 102,307 shares of common stock held by Bridge Equities III LLC, 4,225 shares of common stock held by Bridge Equities VIII LLC, 6,335 shares of common stock held by Bridge Equities IX LLC, 10,558 shares of common stock held by Bridge Equities X LLC and 6,516 shares of common stock held by Bridge Equities XI LLC, of which FJ Capital Management LLC is the sub-investment advisor, and 27,765 shares of common stock held by a managed account that FJ Capital Management manages. Mr. Friedman is the managing member of FJ Capital Management LLC.

 

(2)Consists of 95,347 shares of common stock held by Financial Opportunity Fund LLC and 688 shares of common stock held by Financial Opportunity Long/Short Fund LLC, of which FJ Capital Management LLC is the managing member, and 27,765 shares owned by a managed account that FJ Capital Management manages. Mr. Friedman is the managing member of FJ Capital Management LLC.
CUSIP No. 143785103 Page 11 of 21

 

 

1

 

NAME OF REPORTING PERSONS

I.R.S. IDENTIFICATION NO. OF ABOVE  PERSONS (ENTITIES ONLY)

 

SunBridge Manager 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
OWNED BY
6 SHARED VOTING POWER 129,941 (1)
EACH
REPORTING
7 SOLE DISPOSITIVE POWER  
PERSON
WITH
8 SHARED DISPOSITIVE POWER

 

129,941 (1)

 

9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

129,941 (1)

 

10

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

[  ]

 

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

2.58 %

 

12

 

TYPE OF REPORTING PERSON

 

OO
         

 

(1) Consists of 102,307 shares of common stock held by Bridge Equities III LLC, 4,225 shares of common stock held by Bridge Equities VIII LLC, 6,335 shares of common stock held by Bridge Equities IX LLC, 10,558 shares of common stock held by Bridge Equities X LLC and 6,516 shares of common stock held by Bridge Equities XI LLC, of which SunBridge Manager, LLC is the Managing Member.

CUSIP No. 143785103 Page 12 of 21

 

 

1

 

NAME OF REPORTING PERSONS

I.R.S. IDENTIFICATION NO. OF ABOVE  PERSONS (ENTITIES ONLY)

 

SunBridge Holdings 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
OWNED BY
6 SHARED VOTING POWER 129,941 (1)
EACH
REPORTING
7 SOLE DISPOSITIVE POWER  
PERSON
WITH
8 SHARED DISPOSITIVE POWER

 

129,941 (1)

 

9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

129,941 (1)

 

10

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

[  ]

 

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

2.58 %

 

12

 

TYPE OF REPORTING PERSON

 

OO
         

 

(1) Consists of 102,307 shares of common stock held by Bridge Equities III LLC, 4,225 shares of common stock held by Bridge Equities VIII LLC, 6,335 shares of common stock held by Bridge Equities IX LLC, 10,558 shares of common stock held by Bridge Equities X LLC and 6,516 shares of common stock held by Bridge Equities XI LLC, of which SunBridge Manager, LLC is the Managing Member. SunBridge Holdings, LLC is the Managing Member of SunBridge Manager, LLC.

CUSIP No. 143785103 Page 13 of 21

 

 

1

 

NAME OF REPORTING PERSONS

I.R.S. IDENTIFICATION NO. OF ABOVE  PERSONS (ENTITIES ONLY)

 

Realty Investment Company Inc

 

 

2

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) [x]

(b) [_]

 

3

 

SEC USE ONLY

 

 

 

4

 

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Maryland
NUMBER OF
SHARES
5 SOLE VOTING POWER  
BENEFICIALLY
OWNED BY
6 SHARED VOTING POWER 129,941 (1)
EACH
REPORTING
7 SOLE DISPOSITIVE POWER  
PERSON
WITH
8 SHARED DISPOSITIVE POWER

 

129,941 (1)

 

9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

129,941 (1)

 

10

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

[  ]

 

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

2.58 %

 

12

 

TYPE OF REPORTING PERSON

 

CO
         

 

(1) Consists of 102,307 shares of common stock held by Bridge Equities III LLC, 4,225 shares of common stock held by Bridge Equities VIII LLC, 6,335 shares of common stock held by Bridge Equities IX LLC, 10,558 shares of common stock held by Bridge Equities X LLC and 6,516 shares of common stock held by Bridge Equities XI LLC, of which SunBridge Manager, LLC is the Managing Member. SunBridge Holdings, LLC is the Managing Member of SunBridge Manager, LLC. Realty Investment Company, Inc. is the Manager of SunBridge Holdings, LLC.

CUSIP No. 143785103 Page 14 of 21
Item 1(a).   Name of Issuer:
     
    Carolina Bank Holdings Inc (CLBH)
     
Item 1(b).   Address of Issuer’s Principal Executive Offices:
     
   

101 North Spring Street

Greensboro, NC 27401

     
Item 2(a).   Name of Person Filing:
     
   

This Schedule 13G is being filed on behalf of the following Reporting Persons:

Financial Opportunity Fund LLC

Financial Opportunity Long/Short Fund LLC

Bridge Equities III LLC

Bridge Equities VIII LLC

Bridge Equities IX LLC

Bridge Equities X LLC

Bridge Equities XI LLC

FJ Capital Management LLC

   

Martin S. Friedman

SunBridge Manager LLC

SunBridge Holdings LLC

Realty Investment Company Inc

 

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

 

Financial Opportunity Long/Short Fund LLC

1313 Dolley Madison Blvd., STE 306

McLean, VA 22101

 

Bridge Equities III LLC

8171 Maple Lawn Blvd, Suite 375

Fulton, MD 20759

 

Bridge Equities VIII LLC

8171 Maple Lawn Blvd, Suite 375

Fulton, MD 20759

 

Bridge Equities IX LLC

8171 Maple Lawn Blvd, Suite 375

Fulton, MD 20759

 

Bridge Equities X LLC

8171 Maple Lawn Blvd, Suite 375

Fulton, MD 20759

 

Bridge Equities XI LLC

8171 Maple Lawn Blvd, Suite 375

Fulton, MD 20759

 

FJ Capital Management, LLC

1313 Dolley Madison Blvd., STE 306

McLean, VA 22101

CUSIP No. 143785103 Page 15 of 21
   

Martin S. Friedman

1313 Dolley Madison Blvd., STE 306

McLean, VA 22101

 

SunBridge Manager LLC

8171 Maple Lawn Blvd, Suite 375

Fulton, MD 20759

 

SunBridge Holdings LLC

8171 Maple Lawn Blvd, Suite 375

Fulton, MD 20759

 

Realty Investment Company Inc

8171 Maple Lawn Blvd, Suite 375

Fulton, MD 20759

     
Item 2(c).   Citizenship:
     
    Financial Opportunity Fund LLC, Financial Opportunity Long/Short Fund LLC, Bridge Equities III LLC, Bridge Equities VIII LLC, Bridge Equities IX LLC, Bridge Equities X LLC, Bridge Equities XI LLC,  FJ Capital Management LLC, SunBridge Manager LLC, SunBridge Holdings LLC – Delaware limited liability companies
    Martin S. Friedman – United States citizen
    Realty Investment Company Inc – Maryland corporation
     
Item 2(d).   Title of Class of Securities:
     
    Common Stock
     
Item 2(e).   CUSIP Number:
    143785103
     
     
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);
       
CUSIP No. 143785103 Page 16 of 21
  (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:

 

  (a) Amount beneficially owned:
     
   

Financial Opportunity Fund LLC – 95,347 shares

Financial Opportunity Long/Short Fund LLC – 688 shares

Bridge Equities III LLC – 102,307 shares

Bridge Equities VIII LLC – 4,225 shares

Bridge Equities IX LLC – 6,335 shares

Bridge Equities X LLC – 10,558 shares

Bridge Equities XI LLC – 6,516 shares

FJ Capital Management LLC – 253,741 shares

Martin S. Friedman – 253,741 shares

SunBridge Manager LLC – 129,941 shares

SunBridge Holdings LLC – 129,941 shares

Realty Investment Company Inc – 129,941 shares

     
  (b) Percent of class:
     
   

Financial Opportunity Fund LLC – 1.89%

Financial Opportunity Long/Short Fund LLC – 0.01%

Bridge Equities III LLC – 2.03%

Bridge Equities VIII LLC – 0.08%

Bridge Equities IX LLC – 0.13%

Bridge Equities X LLC – 0.21%

Bridge Equities XI LLC – 0.13%

FJ Capital Management LLC – 5.04%

Martin S. Friedman – 5.04%

SunBridge Manager LLC – 2.58%

SunBridge Holdings LLC - 2.58%

Realty Investment Company Inc - 2.58%

     
  (c) Number of shares as to which such person has:
     
    (i) Sole power to vote or to direct the vote
       
      All Reporting Persons – 0
       
    (ii) Shared power to vote or to direct the vote
       
CUSIP No. 143785103 Page 17 of 21
     

Financial Opportunity Fund LLC – 95,347 shares

Financial Opportunity Long/Short Fund LLC – 688 shares

Bridge Equities III LLC – 102,307 shares

Bridge Equities VIII LLC – 4,225 shares

Bridge Equities IX LLC – 6,335 shares

Bridge Equities X LLC – 10,558 shares

Bridge Equities XI LLC – 6,516 shares

FJ Capital Management LLC – 253,741 shares

Martin S. Friedman – 253,741 shares

SunBridge Manager LLC – 129,941 shares

SunBridge Holdings LLC – 129,941 shares

Realty Investment Company Inc – 129,941 shares

       
    (iii) Sole power to dispose or to direct the disposition of
       
      All Reporting Persons – 0
       
    (iv) Shared power to dispose or to direct the disposition of
       
     

Financial Opportunity Fund LLC – 95,347 shares

Financial Opportunity Long/Short Fund LLC – 688 shares

Bridge Equities III LLC – 102,307 shares

Bridge Equities VIII LLC – 4,225 shares

Bridge Equities IX LLC – 6,335 shares

Bridge Equities X LLC – 10,558 shares

Bridge Equities XI LLC – 6,516 shares

FJ Capital Management LLC – 123,800 shares

Martin S. Friedman – 123,800 shares

SunBridge Manager LLC – 129,941 shares

SunBridge Holdings LLC – 129,941 shares

Realty Investment Company Inc – 129,941 shares

 

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
   
CUSIP No. 143785103 Page 18 of 21
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.

 

CUSIP No. 143785103 Page 19 of 21

 

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: 5/25/2016

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Opportunity Fund LLC

By: FJ Capital Management LLC, its Managing Member

 

 

By:     /s/Martin S. Friedman

Name: Martin S. Friedman

Title: Managing Member

 

Financial Opportunity Long/Short Fund LLC

By: FJ Capital Management LLC, its Managing Member

 

 

By:     /s/Martin S. Friedman

Name: Martin S. Friedman

Title: Managing Member

 

 

FJ CAPITAL MANAGEMENT LLC

 

 

By:      /s/ Martin S. Friedman

Name: Martin S. Friedman

Title: Managing Member

 

 

 

/s/ Martin S. Friedman

MARTIN S. FRIEDMAN

 

   

 

CUSIP No. 143785103 Page 20 of 21
 

 

Bridge Equities III, LLC

By: SunBridge Manager, LLC, its Managing Member

 

By:     /s/ Donna Snyder

Name: Donna Snyder

Title: Vice President

 

Bridge Equities VIII, LLC

By: SunBridge Manager, LLC, its Managing Member

 

By:     /s/ Donna Snyder

Name: Donna Snyder

Title: Vice President

 

Bridge Equities IX, LLC

By: SunBridge Manager, LLC, its Managing Member

 

By:     /s/ Donna Snyder

Name: Donna Snyder

Title: Vice President

 

Bridge Equities X, LLC

By: SunBridge Manager, LLC, its Managing Member

 

By:     /s/ Donna Snyder

Name: Donna Snyder

Title: Vice President

 

Bridge Equities XI, LLC

By: SunBridge Manager, LLC, its Managing Member

 

By:     /s/ Donna Snyder

Name: Donna Snyder

Title: Vice President

 

SunBridge Manager, LLC

By: SunBridge Holdings, LLC, its Managing Member

 

By:     /s/ Donna Snyder

Name: Donna Snyder

Title: Vice President

 

SunBridge Holdings, LLC

By: Realty Investment Company, Inc., its Manager

 

By:     /s/ Donna Snyder

Name: Donna Snyder

Title: Vice President

 

realty investment company, inc.

 

By:     /s/ Donna Snyder

Name: Donna Snyder

Title: Vice President

   
CUSIP No. 143785103 Page 21 of 21

Joint Filing Agreement

The undersigned agree that this Schedule 13G, and all amendments thereto, relating to the Common Stock of Carolina Bank Holdings, Inc. shall be filed on behalf of the undersigned.

 

Financial Opportunity Fund LLC Bridge Equities III, LLC
By: FJ Capital Management, LLC By: SunBridge Manager, LLC, its Managing Member
     
       
By: /s/    Martin Friedman        By: /s/  Donna Snyder                                  
  Name: Martin S. Friedman   Name:  Donna Snyder
  Title:  Managing Member   Title:     Vice President
        
Financial Opportunity LonG/Short Fund LLC Bridge Equities VIII, LLC
By: FJ Capital Management, LLC By: SunBridge Manager, LLC, its Managing Member
       
       
By:    /s/  Martin Friedman                By: /s/  Donna Snyder                                  
               Name: Martin S. Friedman     Name: Donna Snyder
              Title: Managing Member Title: Vice President
     
    Bridge Equities IX, LLC
    By: SunBridge Manager, LLC, its Managing Member
       
    By: /s/  Donna Snyder                                  
      Name:  Donna Snyder
FJ Capital Management LLC   Title:     Vice President
       
    Bridge Equities X, LLC
    By: SunBridge Manager, LLC, its Managing Member
By:    /s/  Martin Friedman                   
       
    By: /s/  Donna Snyder                                  
      Name:  Donna Snyder
      Title:     Vice President
       
    SunBridge MANAGER, LLC
    By: SunBridge Holdings, LLC, its Managing Member
       
    By: /s/  Donna Snyder                                  
      Name:  Donna Snyder
      Title:      Vice President
/s/ Martin Friedman                   
MARTIN S. FRIEDMAN SunBridge Holdings, LLC
    By: Realty Investment Company, Inc., its Manager
       
    By: /s/  Donna Snyder                                  
      Name:  Donna Snyder
      Title:     Vice President
       
    realty investment company, inc.
       
    By: /s/  Donna Snyder                                  
    Name:  Donna Snyder
    Title:         Vice President