UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: December 31, 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 February 9, 2000
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: 79
Form 13F Information Table Value Total: 90116
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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 956 50000 SH SOLE 50000 0 0
D ADVANCE FINL BANCORP COM COMMON STOCK 007437106 1141 87800 SH SOLE 87800 0 0
D ADVANTA CORP USD.01 CL-B NONVT COMMON STOCK 007942204 2109 150000 SH SOLE 150000 0 0
D ALLMERICA FINL CORP COM OPTIONS - CALLS 0197540BI 278 5000 SH CALL SOLE 5000 0 0
D AMER HOME MTG COM STK COMMON STOCK 02660M108 496 75000 SH SOLE 75000 0 0
D AMERICAN FINICAL HOLDINGS COMMON STOCK 026075101 942 75000 SH SOLE 75000 0 0
D AMERUS LIFE HLDGS INC CL A COM COMMON STOCK 030732101 1140 49600 SH SOLE 49600 0 0
D ASTORIA FINL CORP COM COMMON STOCK 046265104 760 25000 SH SOLE 25000 0 0
D BANK OF AMERICA CORP COM STK COMMON STOCK 060505104 1003 20000 SH SOLE 20000 0 0
D BANK OF AMERICA CORP COM STK OPTIONS - CALLS 0605053AH 752 15000 SH CALL SOLE 15000 0 0
D BANKNORTH GROUP INC DEL COMMON STOCK 06646L100 1966 73500 SH SOLE 73500 0 0
D BAY VIEW CAP CORP CALIF COMMON STOCK 07262L101 1347 95000 SH SOLE 95000 0 0
D BOSTON PRIVATE BANCORP INC COMMON STOCK 101119105 1428 168000 SH SOLE 168000 0 0
D BOSTONFED BANCORP INC COM COMMON STOCK 101178101 261 16500 SH SOLE 16500 0 0
D CAPITAL BANK CORP COMM COMMON STOCK 139793103 271 35000 SH SOLE 35000 0 0
D CCB FINL CORP COM COMMON STOCK 124875105 653 15000 SH SOLE 15000 0 0
D CHARTER ONE FINL INC COM COMMON STOCK 160903100 3461 181000 SH SOLE 181000 0 0
D COAST FED LITIGATION CONTIGENT RIGHTS 19034Q110 82 55000 SH SOLE 55000 0 0
D COASTAL BANCORP INC COM COMMON STOCK 19041P105 831 47500 SH SOLE 47500 0 0
D COLONIAL BANCGROUP INC COM COMMON STOCK 195493309 259 25000 SH SOLE 25000 0 0
D COMERICA INC COM COMMON STOCK 200340107 3151 67500 SH SOLE 67500 0 0
D COMMERCIAL BK N Y COM COMMON STOCK 201462108 1752 157500 SH SOLE 157500 0 0
D COUNTRYWIDE CR INDS INC COM COMMON STOCK 222372104 505 20000 SH SOLE 20000 0 0
D CRUSADER HOLDING CORP COM COMMON STOCK 228840104 528 68248 SH SOLE 68248 0 0
D DIME BANCORP INC NEW, COM COMMON STOCK 25429Q102 2117 140000 SH SOLE 140000 0 0
D ENHANCE FINL SVCS GROUP INC COMMON STOCK 293310108 1056 65000 SH SOLE 65000 0 0
D EVERTRUST FINL COM STK COMMON STOCK 300412103 1541 165000 SH SOLE 165000 0 0
D FINANCIAL INSTITUTIONS INC COMMON STOCK 317585404 485 40000 SH SOLE 40000 0 0
D FIRST COMMUNITY FINL CORP/NC COMMON STOCK 31984M106 1785 105000 SH SOLE 105000 0 0
D FIRST KANSAS FINANCIAL CORP COMMON STOCK 320651102 1265 115000 SH SOLE 115000 0 0
D FIRST MIDWEST BANCORP INC DEL COMMON STOCK 320867104 576 21750 SH SOLE 21750 0 0
D FIRST REPUBLIC BANK COM COMMON STOCK 336158100 1645 70000 SH SOLE 70000 0 0
D FIRST TENN NATL CORP COM COMMON STOCK 337162101 926 32500 SH SOLE 32500 0 0
D FIRST VIRGINIA BANKS INC COM OPTIONS - CALLS 3374770CI 430 10000 SH CALL SOLE 10000 0 0
D FIRSTAR CORPORATION COM STK COMMON STOCK 33763V109 845 40000 SH SOLE 40000 0 0
D FIRSTCITY FINL CORP COM COMMON STOCK 33761X107 68 25000 SH SOLE 25000 0 0
D FLEET BOSTON FINANCIAL CORP COMMON STOCK 339030108 522 15000 SH SOLE 15000 0 0
D GOLDEN STATE BANCORP COM STK COMMON STOCK 381197102 1293 75000 SH SOLE 75000 0 0
D GOLDEN STATE BANCORP LITIG WT WARRANTS 381197136 87 100000 SH SOLE 100000 0 0
D HIGH COUNTRY BANCORP INC COMMON STOCK 42965Q107 1265 110000 SH SOLE 110000 0 0
D HIGHLAND BANCORP INC COM STK N COMMON STOCK 429879109 4702 247500 SH SOLE 247500 0 0
D INDEPENDENT BANK CORP MICH COMMON STOCK 453838104 1755 120000 SH SOLE 120000 0 0
D INTELIDATA TECHNOLOGIES CORP COMMON STOCK 45814T107 103 25000 SH SOLE 25000 0 0
D INTL AIRCRAFT INVESTORS COMMON STOCK 458860103 875 140000 SH SOLE 140000 0 0
D JEFFERSON SVGS BANCORP INC COMMON STOCK 474900107 739 70000 SH SOLE 70000 0 0
D KEYCORP NEW COM COMMON STOCK 493267108 663 30000 SH SOLE 30000 0 0
D LINCOLN BANCORP COM STK COMMON STOCK 532879103 787 75000 SH SOLE 75000 0 0
D MEEMIC HOLDINGS INC COM STK COMMON STOCK 585135106 995 65000 SH SOLE 65000 0 0
D MERRILL LYNCH & CO INC USD1.33 COMMON STOCK 590188108 833 10000 SH SOLE 10000 0 0
D MICROFINANCIAL INC COMMON STOCK 595072109 1168 100000 SH SOLE 100000 0 0
D MIIX GROUP INC COM STK COMMON STOCK 59862V104 438 30000 SH SOLE 30000 0 0
D MYSTIC FINANCIAL INC COM COMMON STOCK 628643108 671 61000 SH SOLE 61000 0 0
D NATIONAL CITY CORP COM COMMON STOCK 635405103 1539 65000 SH SOLE 65000 0 0
D NAVISTAR INTL CORP NEW COMMON STOCK 63934E108 470 10000 SH SOLE 10000 0 0
D NORTH FORK BANCORPORATION COMMON STOCK 659424105 3648 210000 SH SOLE 210000 0 0
D PACIFIC CREST CAP INC COM COMMON STOCK 694166109 2167 170000 SH SOLE 170000 0 0
D PEOPLE'S BANCSHARES INC, MASS COMMON STOCK 709795108 1050 60000 SH SOLE 60000 0 0
D PNC BANK CORP USD CO M COMMON STOCK 693475105 667 15000 SH SOLE 15000 0 0
D PRESIDENTIAL LIFE CORP COM COMMON STOCK 740884101 1102 60000 SH SOLE 60000 0 0
D PROGRESS FINL CORP COM COMMON STOCK 743266108 505 40000 SH SOLE 40000 0 0
D PROSPERITY BANCSHARES, INC COMMON STOCK 743606105 800 50000 SH SOLE 50000 0 0
D PROTECTIVE LIFE CORP COM COMMON STOCK 743674103 318 10000 SH SOLE 10000 0 0
D PROVIDENT FIANANCIAL GROUP INC COMMON STOCK 743866105 1793 50000 SH SOLE 50000 0 0
D REPUBLIC SVGS FINL CORP COM COMMON STOCK 760758102 572 80000 SH SOLE 80000 0 0
D RESOURCE AMER INC CL A COM NEW COMMON STOCK 761195205 511 65000 SH SOLE 65000 0 0
D SIEBEL SYS INC COM COMMON STOCK 826170102 882 10500 SH SOLE 10500 0 0
D SKY FINL GROUP INC COM COMMON STOCK 83080P103 3018 150000 SH SOLE 150000 0 0
D SOUTHWEST BANCORP INC OKLA COMMON STOCK 844767103 1300 65000 SH SOLE 65000 0 0
D STATE STREET CORP COM OPTIONS - PUTS 8574770MN 365 5000 SH PUT SOLE 5000 0 0
D SUPERIOR FINANCIAL CORP DEL COMMON STOCK 868161100 2225 200000 SH SOLE 200000 0 0
D TEAM FINL INC COM STK COMMON STOCK 87815X109 720 80000 SH SOLE 80000 0 0
D TEXARKANA FIRST FINL CORP COM COMMON STOCK 881801104 1992 103500 SH SOLE 103500 0 0
D THISTLE GROUP HLDGS CO COMMON STOCK 88431E103 945 135000 SH SOLE 135000 0 0
D TROY FINANCIAL CORP COMMON STOCK 897329108 794 78000 SH SOLE 78000 0 0
D U.S. BANCORP COM COMMON STOCK 902973106 833 35000 SH SOLE 35000 0 0
D UCBH HOLDINGS INC COM COMMON STOCK 90262T308 1028 50000 SH SOLE 50000 0 0
D UNION ACCEPTANCE CORP COM COMMON STOCK 904832102 140 19000 SH SOLE 19000 0 0
D WILLIS LEASE FINANCE CORP COM COMMON STOCK 970646105 354 55000 SH SOLE 55000 0 0
D WSFS FINL CORP COM COMMON STOCK 929328102 4671 370000 SH SOLE 370000 0 0
S REPORT SUMMARY 79 DATA RECORDS 90116 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
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