13F-HR 1 scc13f33112.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F-HR Form 13F COVER PAGE Report for the Calendar Year of Quarter Ended: December 31, 2011 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: Second Curve Capital, LLC Address: 237 Park Ave 9th Floor New York, NY 10017 Form 13F File Number: 028-06413 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 that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this submission. Person Signing this Report on Behalf of Reporting Manager: Name: Bradley Cymbol Title: Chief Financial Officer Phone: 646-563-7620 Signature, Place, and Date of Signing: Bradley Cymbol New York, NY May 11, 2012 Report Type (Check only one.): [X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total:26 Form 13F Information Table Value Total: $ 268,057 (thousands) List of Other Included Managers: None 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 DSCRETN MANAGERS SOLE SHARED BANCORP INC COM 05969A105 20,559 2047674 SH SOLE 2047674 BANNER CORPORATION COM 06652V109 28,301 1284640 SH SOLE 1284640 CITIGROUP INC COM 172967424 2,064 56480 SH SOLE 56480 CITIZENS REPUBLIC BANCORP INC COM 174420109 26,500 1697622 SH SOLE 1697622 COBIZ FINANCIAL INC COM 190897108 12,570 1777931 SH SOLE 1777931 COMPUCREDIT CORP COM 20478T107 6,976 1200631 SH SOLE 1200631 FIRST ACCEPTANCE CORP COM 318457108 69 50000 SH SOLE 50000 FIRST MERCHANTS CORP COM 320817109 3,914 317150 SH SOLE 317150 MERCANTILE BANK CORP COM 587376104 8,757 615387 SH SOLE 615387 MERITAGE HOMES CORP COM 59001A10 4,330 160000 SH SOLE 160000 NEWSTAR FINANCIAL INC COM 65251F105 30,738 2764187 SH SOLE 2764187 OCWEN FINANCIAL CORP COM 675746309 179 11458 SH SOLE 11458 PRIMUS GUARANTY LTD COM G72457107 31,758 5249282 SH SOLE 5249282 SEACOAST BANKING CORP INC COM 811707306 4,779 2715574 SH SOLE 2715574 STERLING FINANCIAL CORP COM 859319105 7,778 372528 SH SOLE 372528 SUFFOLK BANKCORP ORD COM 864739107 1,182 91000 SH SOLE 91000 SUN BANCORP INC COM 86663B102 4,158 1177942 SH SOLE 1177942 SYNOVUS FINANCIAL CORP COM 87161C105 21,729 10599744 SH SOLE 10599744 TAYLOR CAPITAL GROUP INC COM 876851106 33,543 2337479 SH SOLE 2337479 TREE COM INC COM 894675107 3,462 453701 SH SOLE 453701 UNITED COMMUNITY BANKS GA COM 90984P303 1,472 151016 SH SOLE 151016 ZIONS BANCORPORATION COM 989701107 1,009 47000 SH SOLE 47000 BANK OF AMERICA CORP A WARRANTS *W EXP 01/16/201 060505146 7,813 1680200 SH SOLE 1680200 BANK OF AMERICA CORP B WARRANTS *W EXP 10/28/201 060505153 747 711000 SH SOLE 711000 WELLS FARGO & CO WARRANTS *W EXP 10/28/201 949746119 453 45000 SH SOLE 45000 ZIONS BANCORPORATION WARRANTS *W EXP 05/22/202 989701115 3,217 650000 SH SOLE 650000