Cutler Capital Management, LLC Buys Somerset Trust Holding Co, Merchants Financial Group Inc, Atlas Air Worldwide Holdings Inc, Sells RPT Realty, PCB Bancorp, MainStreet Bancshares Inc

• New Purchases: SOME, MFGI, MPHX, FXNC, PEO, HWC, PLBN, FISI, PBCT, SREPB.PFD,
• Added Positions: AAWW, WY, SBFG, KEY, CWBC, CLNY, FCCO, SBFGP.PFD, NYCBPU.PFD, CPKF, TEVA, TSBK, BX, ORRF, CSFL, VGM, D, BG, LBAI, FLIC, RIVE,
• Reduced Positions: LXP, CBNC, CVE,
• Sold Out: RPT, PCB, MNSB, PTBS, XRX, HCI, F,

For the details of Cutler Capital Management, LLC's stock buys and sells, go to https://www.gurufocus.com/guru/cutler+capital+management%2C+llc/current-portfolio/portfolioportfolio

1. Lexington Realty Trust (LXP) - 958,887 shares, 5.18% of the total portfolio. Shares reduced by 17.74%
2. MetLife Inc (MET) - 181,146 shares, 5.16% of the total portfolio. Shares added by 0.89%
3. Exchange Bank Santa Rosa (EXSR) - 52,222 shares, 5.00% of the total portfolio.
4. New York Community Capital Trust V (NYCBpU.PFD) - 178,860 shares, 4.91% of the total portfolio. Shares added by 3.72%
5. Sempra Energy (SREpA.PFD) - 65,426 shares, 4.19% of the total portfolio.

Cutler Capital Management, LLC initiated holding in Somerset Trust Holding Co. The purchase prices were between $41 and $45.6, with an estimated average price of $43.23. The stock is now traded at around $43.85. The impact to a portfolio due to this purchase was 0.66%. The holding were 28,000 shares as of .

Cutler Capital Management, LLC initiated holding in Merchants Financial Group Inc. The purchase prices were between $72.5 and $76.5, with an estimated average price of $74.39. The stock is now traded at around $74.00. The impact to a portfolio due to this purchase was 0.65%. The holding were 15,700 shares as of .

Cutler Capital Management, LLC initiated holding in Metro Phoenix Bank Inc. The purchase prices were between $11.9 and $12.85, with an estimated average price of $12.48. The stock is now traded at around $13.25. The impact to a portfolio due to this purchase was 0.63%. The holding were 84,867 shares as of .

Cutler Capital Management, LLC initiated holding in First National Corp. The purchase prices were between $20 and $23.48, with an estimated average price of $21.13. The stock is now traded at around $17.94. The impact to a portfolio due to this purchase was 0.47%. The holding were 39,911 shares as of .

Cutler Capital Management, LLC initiated holding in Adams Natural Resources Fund Inc. The purchase prices were between $15.2 and $17.35, with an estimated average price of $16.44. The stock is now traded at around $15.57. The impact to a portfolio due to this purchase was 0.41%. The holding were 43,111 shares as of .

Cutler Capital Management, LLC initiated holding in Hancock Whitney Corp. The purchase prices were between $37.98 and $44.47, with an estimated average price of $41.2. The stock is now traded at around $37.82. The impact to a portfolio due to this purchase was 0.21%. The holding were 9,000 shares as of .

Cutler Capital Management, LLC added to a holding in Atlas Air Worldwide Holdings Inc by 86.57%. The purchase prices were between $35.39 and $51.6, with an estimated average price of $43.89. The stock is now traded at around $30.88. The impact to a portfolio due to this purchase was 0.64%. The holding were 53,446 shares as of .

Cutler Capital Management, LLC added to a holding in SB Financial Group Inc by 30.52%. The purchase prices were between $16.35 and $18.45, with an estimated average price of $17.67. The stock is now traded at around $16.08. The impact to a portfolio due to this purchase was 0.41%. The holding were 185,003 shares as of .

Cutler Capital Management, LLC added to a holding in KeyCorp by 35.26%. The purchase prices were between $15.97 and $17.75, with an estimated average price of $16.91. The stock is now traded at around $16.52. The impact to a portfolio due to this purchase was 0.4%. The holding were 151,900 shares as of .

Cutler Capital Management, LLC added to a holding in Community West Bancshares by 26.47%. The purchase prices were between $9.65 and $10.21, with an estimated average price of $9.95. The stock is now traded at around $9.81. The impact to a portfolio due to this purchase was 0.32%. The holding were 273,983 shares as of .

Cutler Capital Management, LLC added to a holding in First Community Corp by 155.65%. The purchase prices were between $17.45 and $19.99, with an estimated average price of $18.35. The stock is now traded at around $18.15. The impact to a portfolio due to this purchase was 0.25%. The holding were 38,348 shares as of .

Cutler Capital Management, LLC added to a holding in SB Financial Group Inc by 29.68%. The purchase prices were between $16.1 and $19, with an estimated average price of $17.56. The stock is now traded at around $16.25. The impact to a portfolio due to this purchase was 0.23%. The holding were 107,940 shares as of .

Cutler Capital Management, LLC sold out a holding in RPT Realty. The sale prices were between $11.6 and $12.84, with an estimated average price of $12.33.

Cutler Capital Management, LLC sold out a holding in PCB Bancorp. The sale prices were between $16.67 and $18.66, with an estimated average price of $17.48.

Cutler Capital Management, LLC sold out a holding in MainStreet Bancshares Inc. The sale prices were between $20.85 and $24.97, with an estimated average price of $23.07.

Cutler Capital Management, LLC sold out a holding in Potomac Bancshares Inc. The sale prices were between $13.83 and $14.2, with an estimated average price of $14.08.

Cutler Capital Management, LLC sold out a holding in Xerox Holdings Corp. The sale prices were between $30.61 and $35.45, with an estimated average price of $33.39.

Cutler Capital Management, LLC sold out a holding in HCI Group Inc. The sale prices were between $39.58 and $43.54, with an estimated average price of $41.57.