UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 1999
Check here if Amendment [ ]; Amendment Number:
This amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: SANDLER O'NEIL ASSET
Address: MANAGEMENT, LLC
13 File Number: 28-7148
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
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: TERRY MALTESE
Title:
Phone:
Signature, Place and Date of Signing:
TERRY MALTESE August 12, 1999
Report Type (Check only one.):
[ X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 84
Form 13F Information Table Value Total: 94559
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FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x($1000) PRN AMT PRN CALL DISCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- -------- --------- -------- -------- --------
D 1ST STATE BANCORP INC COMMON STOCK 33645S100 1443 75000 SH SOLE 75000 0 0
D ADVANCE FINL BANCORP COM COMMON STOCK 007437106 1053 87800 SH SOLE 87800 0 0
D ADVANTA CORP USD.01 CL-B NONVT COMMON STOCK 007942204 2170 160000 SH SOLE 160000 0 0
D ALABAMA NATL BANCORPORATION DE COMMON STOCK 010317105 325 13000 SH SOLE 13000 0 0
D ASTORIA FINL CORP COM COMMON STOCK 046265104 1427 32500 SH SOLE 32500 0 0
D BANK COMM SAN DIEGO CALIF COM COMMON STOCK 061589107 1018 50000 SH SOLE 50000 0 0
D BANK OF AMERICA CORP COM STK OPTIONS - CALLS 0605050AL 366 5000 SH CALL SOLE 5000 0 0
D BANK OF THE OZARKS INC COM COMMON STOCK 063904106 416 23000 SH SOLE 23000 0 0
D BANK ONE CORP COM COMMON STOCK 06423A103 3573 60000 SH SOLE 60000 0 0
D BANKBOSTON CORP COM COMMON STOCK 06605R106 1533 30000 SH SOLE 30000 0 0
D BANKNORTH GROUP INC DEL COMMON STOCK 06646L100 1732 52500 SH SOLE 52500 0 0
D BOSTONFED BANCORP INC COM COMMON STOCK 101178101 268 15000 SH SOLE 15000 0 0
D BROAD NATL BANCORPORATION COMMON STOCK 111239109 553 21799 SH SOLE 21799 0 0
D BYL BANCORP COM STK COMMON STOCK 056064108 448 34000 SH SOLE 34000 0 0
D CALIFORNIA FED BK A FED SVGS B COMMON STOCK 130209604 95 42500 SH SOLE 42500 0 0
D CAPITAL BANK CORP COMM COMMON STOCK 139793103 188 18600 SH SOLE 18600 0 0
D CB BANCSHARES INC COM COMMON STOCK 124785106 968 30500 SH SOLE 30500 0 0
D CHARTER ONE FINL INC COM COMMON STOCK 160903100 1112 40000 SH SOLE 40000 0 0
D COAST FED LITIGATION CONTIGENT RIGHTS 19034Q110 58 55000 SH SOLE 55000 0 0
D COMERICA INC COM COMMON STOCK 200340107 3269 55000 SH SOLE 55000 0 0
D COMMERCIAL BK N Y COM COMMON STOCK 201462108 2223 181500 SH SOLE 181500 0 0
D COMPASS BANCSHARES INC OPTIONS - CALLS 20449H1JZ 327 12000 SH CALL SOLE 12000 0 0
D COUNTRYWIDE CR INDS INC COM COMMON STOCK 222372104 1710 40000 SH SOLE 40000 0 0
D CRUSADER HOLDING CORP COM COMMON STOCK 228840104 666 65000 SH SOLE 65000 0 0
D ENHANCE FINL SVCS GROUP INC COMMON STOCK 293310108 691 35000 SH SOLE 35000 0 0
D FIRST FED BANKSHARES INC COMMON STOCK 32020V100 385 40000 SH SOLE 40000 0 0
D FIRST KANSAS FINANCIAL CORP COMMON STOCK 320651102 1497 140100 SH SOLE 140100 0 0
D FIRST REPUBLIC BANK COM COMMON STOCK 336158100 1085 37500 SH SOLE 37500 0 0
D FIRST WESTN BANCORP INC COMMON STOCK 337505101 1842 55000 SH SOLE 55000 0 0
D FIRSTCITY FINL CORP COM COMMON STOCK 33761X107 882 160500 SH SOLE 160500 0 0
D FLAGSTAR BANCORP INC COM COMMON STOCK 337930101 1515 60000 SH SOLE 60000 0 0
D FLEET FINANCIAL GROUP INC USD OPTIONS - CALLS 338915JAG 554 12500 SH CALL SOLE 12500 0 0
D FPIC INS GROUP INC COM COMMON STOCK 302563101 363 7500 SH SOLE 7500 0 0
D GOLDEN STATE BANCORP COM STK COMMON STOCK 381197102 1237 55000 SH SOLE 55000 0 0
D GOLDEN STATE BANCORP LITIG WT WARRANTS 381197136 131 100000 SH SOLE 100000 0 0
D GREENPOINT FINL CORP COM COMMON STOCK 395384100 656 20000 SH SOLE 20000 0 0
D HAMILTON BANCORP INC COM COMMON STOCK 407013101 240 10000 SH SOLE 10000 0 0
D HARBOR FLORIDA BANCSHARES COMMON STOCK 411901101 428 35000 SH SOLE 35000 0 0
D HAWTHORNE FINL CORP COM COMMON STOCK 420542102 975 60000 SH SOLE 60000 0 0
D HIBERNIA CORP CLASS A OPTIONS - CALLS 4286560GC 156 10000 SH CALL SOLE 10000 0 0
D HIBERNIA CORP CLASS A OPTIONS - CALLS 4286560HC 156 10000 SH CALL SOLE 10000 0 0
D HIGH COUNTRY BANCORP INC COMMON STOCK 42965Q107 1420 118400 SH SOLE 118400 0 0
D HIGHLAND BANCORP INC COM STK N COMMON STOCK 429879109 4426 234500 SH SOLE 234500 0 0
D HUNTINGTON BANCSHARES INC OPTIONS - CALLS 4461500GG 350 10000 SH CALL SOLE 10000 0 0
D HUNTINGTON BANCSHARES INC OPTIONS - CALLS 4461500GH 1050 30000 SH CALL SOLE 30000 0 0
D INTL AIRCRAFT INVESTORS COMMON STOCK 458860103 988 140000 SH SOLE 140000 0 0
D KEYCORP NEW COM COMMON STOCK 493267108 642 20000 SH SOLE 20000 0 0
D KEYSTONE FINL INC COM OPTIONS - CALLS 4934820HG 221 7500 SH CALL SOLE 7500 0 0
D LAKELAND FINL CORP COM COMMON STOCK 511656100 612 35000 SH SOLE 35000 0 0
D LINCOLN BANCORP COM STK COMMON STOCK 532879103 1732 140000 SH SOLE 140000 0 0
D LONG BEACH FIANACIAL CORP COM COMMON STOCK 542446109 660 45000 SH SOLE 45000 0 0
D MAHONING NATL BANCORP INC COMMON STOCK 560090102 1203 27500 SH SOLE 27500 0 0
D MERCANTILE BANCORPORATION INC COMMON STOCK 587342106 571 10000 SH SOLE 10000 0 0
D MUTUAL SVGS BK FSB BAY CITY MI COMMON STOCK 628355109 1640 125000 SH SOLE 125000 0 0
D NEWCOURT CREDIT GROU P INC CAD OPTIONS - CALLS 6509051HV 258 20000 SH CALL SOLE 20000 0 0
D NIAGARA BANCORP INC COM STK COMMON STOCK 652914102 929 87500 SH SOLE 87500 0 0
D NORTH CENT BANCSHARES INC COMMON STOCK 658418108 670 40000 SH SOLE 40000 0 0
D NORTH FORK BANCORPORATION COMMON STOCK 659424105 3740 175000 SH SOLE 175000 0 0
D PACIFIC CREST CAP INC COM COMMON STOCK 694166109 2255 147900 SH SOLE 147900 0 0
D PEOPLE'S BANCSHARES INC, MASS COMMON STOCK 709795108 1215 60000 SH SOLE 60000 0 0
D PEOPLE'S BANK BRIDGEPORT CONN COMMON STOCK 710198102 1217 40000 SH SOLE 40000 0 0
D PEOPLES HERITAGE SVGS BK PORTL COMMON STOCK 711147108 376 20000 SH SOLE 20000 0 0
D PREMIER NATIONAL BANCORP COMMON STOCK 74053F107 802 40900 SH SOLE 40900 0 0
D PROGRESS FINL CORP COM COMMON STOCK 743266108 731 50000 SH SOLE 50000 0 0
D PROSPERITY BANCSHARES, INC COMMON STOCK 743606105 1608 110000 SH SOLE 110000 0 0
D PROVIDENT FIANANCIAL GROUP INC COMMON STOCK 743866105 1859 42500 SH SOLE 42500 0 0
D REPUBLIC SVGS FINL CORP COM COMMON STOCK 760758102 1591 190000 SH SOLE 190000 0 0
D RESOURCE AMER INC CL A COM NEW COMMON STOCK 761195205 1087 75000 SH SOLE 75000 0 0
D RIVER VALLEY BANCORP COM COMMON STOCK 768475105 236 18000 SH SOLE 18000 0 0
D SOUTH JERSEY FINANCIAL CORP COMMON STOCK 838493104 1050 75000 SH SOLE 75000 0 0
D SOUTHWEST BANCORP INC OKLA COMMON STOCK 844767103 1800 80000 SH SOLE 80000 0 0
D ST PAUL BANCORP INC COM COMMON STOCK 792848103 382 15000 SH SOLE 15000 0 0
D TCF FINANCIAL CORP USD.01 COM COMMON STOCK 872275102 1254 45000 SH SOLE 45000 0 0
D TEXARKANA FIRST FINL CORP COM COMMON STOCK 881801104 2318 97600 SH SOLE 97600 0 0
D THISTLE GROUP HLDGS CO COMMON STOCK 88431E103 1621 184000 SH SOLE 184000 0 0
D TROY FINANCIAL CORP COMMON STOCK 897329108 814 78000 SH SOLE 78000 0 0
D UCBH HOLDINGS INC COM COMMON STOCK 90262T308 2242 125000 SH SOLE 125000 0 0
D UNITED COMMUNITY FINANCIAL COMMON STOCK 909839102 374 25500 SH SOLE 25500 0 0
D WACHOVIA CORP NEW COM OPTIONS - PUTS 9297710SS 427 5000 SH PUT SOLE 5000 0 0
D WESTERN BANCORP COM COMMON STOCK 957683105 652 15000 SH SOLE 15000 0 0
D WILLIS LEASE FINANCE CORP COM COMMON STOCK 970646105 1386 85000 SH SOLE 85000 0 0
D WOOD BANCORP INC COM COMMON STOCK 978237105 529 27500 SH SOLE 27500 0 0
D WORONOCO BANCORP INC COM COMMON STOCK 981630106 747 74700 SH SOLE 74700 0 0
D WSFS FINL CORP COM COMMON STOCK 929328102 5140 350000 SH SOLE 350000 0 0
S REPORT SUMMARY 84 DATA RECORDS 94559 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
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