CUSIP
No. 561410 10 1
|
SCHEDULE
13D
|
Page 1
of 25
|
CUSIP
No. 561410 10 1
|
SCHEDULE
13D
|
Page 2 of
25
|
1.
|
Names
of Reporting Persons. I.R.S. Identification Nos. of above persons
(entities only).
|
|
Stilwell
Value Partners VI, L.P.
|
||
2.
|
Check
the Appropriate Box if a Member of a Group (See Instructions)
(a) x
(b)
|
|
3.
|
SEC
Use Only
|
|
4.
|
Source
of Funds (See Instructions) WC, OO
|
|
5.
|
Check
if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or
2(e) o
|
|
6.
|
Citizenship
or Place of Organization:
Delaware
|
|
Number
of
Shares
Beneficially
Owned
by
Each
Reporting
Person
With
|
7.
|
Sole
Voting Power: 0
|
8.
|
Shared
Voting Power: 601,800
|
|
9.
|
Sole
Dispositive Power: 0
|
|
10.
|
Shared
Dispositive Power: 601,800
|
|
11.
|
Aggregate
Amount Beneficially Owned by Each Reporting
Person: 601,800
|
|
12.
|
Check
if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions) o
|
|
13.
|
Percent
of Class Represented by Amount in Row
(11): 9.8%
|
|
14.
|
Type
of Reporting Person (See Instructions)
PN
|
CUSIP
No. 561410 10 1
|
SCHEDULE
13D
|
Page 3 of
25
|
1.
|
Names
of Reporting Persons. I.R.S. Identification Nos. of above persons
(entities only).
|
|
Stilwell
Partners, L.P.
|
||
2.
|
Check
the Appropriate Box if a Member of a Group (See Instructions)
(a) x
(b)
|
|
3.
|
SEC
Use Only
|
|
4.
|
Source
of Funds (See Instructions) WC, OO
|
|
5.
|
Check
if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or
2(e) o
|
|
6.
|
Citizenship
or Place of Organization:
Delaware
|
|
Number
of
Shares
Beneficially
Owned
by
Each
Reporting
Person
With
|
7.
|
Sole
Voting Power: 0
|
8.
|
Shared
Voting Power: 601,800
|
|
9.
|
Sole
Dispositive Power: 0
|
|
10.
|
Shared
Dispositive Power: 601,800
|
|
11.
|
Aggregate
Amount Beneficially Owned by Each Reporting
Person: 601,800
|
|
12.
|
Check
if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions) o
|
|
13.
|
Percent
of Class Represented by Amount in Row
(11): 9.8%
|
|
14.
|
Type
of Reporting Person (See Instructions)
PN
|
CUSIP
No. 561410 10 1
|
SCHEDULE
13D
|
Page 4 of
25
|
1.
|
Names
of Reporting Persons. I.R.S. Identification Nos. of above persons
(entities only).
|
|
Stilwell
Associates, L.P.
|
||
2.
|
Check
the Appropriate Box if a Member of a Group (See Instructions)
(a) x
(b)
|
|
3.
|
SEC
Use Only
|
|
4.
|
Source
of Funds (See Instructions) WC, OO
|
|
5.
|
Check
if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or
2(e) o
|
|
6.
|
Citizenship
or Place of Organization:
Delaware
|
|
Number
of
Shares
Beneficially
Owned
by
Each
Reporting
Person
With
|
7.
|
Sole
Voting Power: 0
|
8.
|
Shared
Voting Power: 601,800
|
|
9.
|
Sole
Dispositive Power: 0
|
|
10.
|
Shared
Dispositive Power: 601,800
|
|
11.
|
Aggregate
Amount Beneficially Owned by Each Reporting
Person: 601,800
|
|
12.
|
Check
if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions) o
|
|
13.
|
Percent
of Class Represented by Amount in Row
(11): 9.8%
|
|
14.
|
Type
of Reporting Person (See Instructions)
PN
|
CUSIP
No. 561410 10 1
|
SCHEDULE
13D
|
Page 5 of
25
|
1.
|
Names
of Reporting Persons. I.R.S. Identification Nos. of above persons
(entities only).
|
|
Stilwell
Offshore Ltd.
|
||
2.
|
Check
the Appropriate Box if a Member of a Group (See Instructions)
(a) x
(b)
|
|
3.
|
SEC
Use Only
|
|
4.
|
Source
of Funds (See Instructions) WC, OO
|
|
5.
|
Check
if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or
2(e) o
|
|
6.
|
Citizenship
or Place of Organization:
Cayman
Islands
|
|
Number
of
Shares
Beneficially
Owned
by
Each
Reporting
Person
With
|
7.
|
Sole
Voting Power: 0
|
8.
|
Shared
Voting Power: 601,800
|
|
9.
|
Sole
Dispositive Power: 0
|
|
10.
|
Shared
Dispositive Power: 601,800
|
|
11.
|
Aggregate
Amount Beneficially Owned by Each Reporting
Person: 601,800
|
|
12.
|
Check
if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions) o
|
|
13.
|
Percent
of Class Represented by Amount in Row
(11): 9.8%
|
|
14.
|
Type
of Reporting Person (See Instructions)
OO
|
CUSIP
No. 561410 10 1
|
SCHEDULE
13D
|
Page 6 of
25
|
1.
|
Names
of Reporting Persons. I.R.S. Identification Nos. of above persons
(entities only).
|
|
Stilwell
Value LLC
|
||
2.
|
Check
the Appropriate Box if a Member of a Group (See Instructions)
(a) x
(b)
|
|
3.
|
SEC
Use Only
|
|
4.
|
Source
of Funds (See Instructions) n/a
|
|
5.
|
Check
if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or
2(e) o
|
|
6.
|
Citizenship
or Place of Organization:
Delaware
|
|
Number
of
Shares
Beneficially
Owned
by
Each
Reporting
Person
With
|
7.
|
Sole
Voting Power: 0
|
8.
|
Shared
Voting Power: 601,800
|
|
9.
|
Sole
Dispositive Power: 0
|
|
10.
|
Shared
Dispositive Power: 601,800
|
|
11.
|
Aggregate
Amount Beneficially Owned by Each Reporting
Person: 601,800
|
|
12.
|
Check
if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions) o
|
|
13.
|
Percent
of Class Represented by Amount in Row
(11): 9.8%
|
|
14.
|
Type
of Reporting Person (See Instructions)
OO
|
CUSIP
No. 561410 10 1
|
SCHEDULE
13D
|
Page 7 of
25
|
1.
|
Names
of Reporting Persons. I.R.S. Identification Nos. of above persons
(entities only).
|
|
Stilwell
Management LLC
|
||
2.
|
Check
the Appropriate Box if a Member of a Group (See Instructions)
(a) x
(b)
|
|
3.
|
SEC
Use Only
|
|
4.
|
Source
of Funds (See Instructions) n/a
|
|
5.
|
Check
if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or
2(e) o
|
|
6.
|
Citizenship
or Place of Organization:
Delaware
|
|
Number
of
Shares
Beneficially
Owned
by
Each
Reporting
Person
With
|
7.
|
Sole
Voting Power: 0
|
8.
|
Shared
Voting Power: 601,800
|
|
9.
|
Sole
Dispositive Power: 0
|
|
10.
|
Shared
Dispositive Power: 601,800
|
|
11.
|
Aggregate
Amount Beneficially Owned by Each Reporting
Person: 601,800
|
|
12.
|
Check
if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions) o
|
|
13.
|
Percent
of Class Represented by Amount in Row
(11): 9.8%
|
|
14.
|
Type
of Reporting Person (See Instructions)
OO
|
CUSIP
No. 561410 10 1
|
SCHEDULE
13D
|
Page 8 of
25
|
1.
|
Names
of Reporting Persons. I.R.S. Identification Nos. of above persons
(entities only).
|
|
Joseph
Stilwell
|
||
2.
|
Check
the Appropriate Box if a Member of a Group (See Instructions)
(a) x
(b)
|
|
3.
|
SEC
Use Only
|
|
4.
|
Source
of Funds (See Instructions) PF
|
|
5.
|
Check
if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or
2(e) o
|
|
6.
|
Citizenship
or Place of Organization:
United
States
|
|
Number
of
Shares
Beneficially
Owned
by
Each
Reporting
Person
With
|
7.
|
Sole
Voting Power: 0
|
8.
|
Shared
Voting Power: 601,800
|
|
9.
|
Sole
Dispositive Power: 0
|
|
10.
|
Shared
Dispositive Power: 601,800
|
|
11.
|
Aggregate
Amount Beneficially Owned by Each Reporting
Person: 601,800
|
|
12.
|
Check
if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions) o
|
|
13.
|
Percent
of Class Represented by Amount in Row
(11): 9.8%
|
|
14.
|
Type
of Reporting Person (See Instructions)
IN
|
CUSIP
No. 561410 10 1
|
SCHEDULE
13D
|
Page 9 of
25
|
1.
|
Names
of Reporting Persons. I.R.S. Identification Nos. of above persons
(entities only).
|
|
John
Stilwell
|
||
2.
|
Check
the Appropriate Box if a Member of a Group (See Instructions)
(a) x
(b)
|
|
3.
|
SEC
Use Only
|
|
4.
|
Source
of Funds (See Instructions) PF
|
|
5.
|
Check
if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or
2(e) o
|
|
6.
|
Citizenship
or Place of Organization:
United
States
|
|
Number
of
Shares
Beneficially
Owned
by
Each
Reporting
Person
With
|
7.
|
Sole
Voting Power: 0
|
8.
|
Shared
Voting Power: 5,000
|
|
9.
|
Sole
Dispositive Power: 0
|
|
10.
|
Shared
Dispositive Power: 5,000
|
|
11.
|
Aggregate
Amount Beneficially Owned by Each Reporting
Person: 5,000
|
|
12.
|
Check
if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions) o
|
|
13.
|
Percent
of Class Represented by Amount in Row
(11): 0.001%
|
|
14.
|
Type
of Reporting Person (See Instructions)
IN
|
CUSIP
No. 561410 10 1
|
SCHEDULE
13D
|
Page 10 of
25
|
CUSIP
No. 561410 10 1
|
SCHEDULE
13D
|
Page 11 of
25
|
CUSIP
No. 561410 10 1
|
SCHEDULE
13D
|
Page 12 of
25
|
CUSIP
No. 561410 10 1
|
SCHEDULE
13D
|
Page 13 of
25
|
CUSIP
No. 561410 10 1
|
SCHEDULE
13D
|
Page 14 of
25
|
CUSIP
No. 561410 10 1
|
SCHEDULE
13D
|
Page 15 of
25
|
CUSIP
No. 561410 10 1
|
SCHEDULE
13D
|
Page 16 of
25
|
CUSIP
No. 561410 10 1
|
SCHEDULE
13D
|
Page 17 of
25
|
CUSIP
No. 561410 10 1
|
SCHEDULE
13D
|
Page 18 of
25
|
(a)
|
Aggregate
number of shares beneficially
owned: 601,800
|
(b)
|
1. Sole
power to vote or to direct
vote: 0
|
(c)
|
Stilwell
Value Partners VI has not purchased or sold any shares of Common Stock in
the past 60 days.
|
(d)
|
Because
he is the managing and sole member of Stilwell Value LLC, which is the
general partner of Stilwell Value Partners VI, Joseph Stilwell has the
power to direct the affairs of Stilwell Value Partners VI, including the
voting and disposition of shares of Common Stock held in the name of
Stilwell Value Partners VI. Therefore, Joseph Stilwell is
deemed to share voting and disposition power with Stilwell Value Partners
VI with regard to those shares of Common
Stock.
|
(a)
|
Aggregate
number of shares beneficially
owned: 601,800
|
(b)
|
1. Sole
power to vote or to direct
vote: 0
|
(c)
|
Stilwell
Partners has not purchased or sold any shares of Common Stock since the
filing of the Original Schedule
13D.
|
(d)
|
Because
he is general partner of Stilwell Partners, Joseph Stilwell has the power
to direct the affairs of Stilwell Partners, including the voting and
disposition of shares of Common Stock held in the name of Stilwell
Partners. Therefore, Joseph Stilwell is deemed to share voting
and disposition power with Stilwell Partners with regard to those shares
of Common Stock.
|
(a)
|
Aggregate
number of shares beneficially
owned: 601,800
|
(b)
|
1. Sole
power to vote or to direct
vote: 0
|
(c)
|
In
the past 60 days, Stilwell Associates sold 14,000 shares of Common Stock
on April 6, 2009, at a price of $9.40 per share, or a total of
$131,600.
|
(d)
|
Because
he is the managing and sole member of Stilwell Value LLC, which is the
general partner of Stilwell Associates, Joseph Stilwell has the power to
direct the affairs of Stilwell Associates, including the voting and
disposition of shares of Common Stock held in the name of Stilwell
Associates. Therefore, Joseph Stilwell is deemed to share
voting and disposition power with Stilwell Associates with regard to those
shares of Common Stock.
|
CUSIP
No. 561410 10 1
|
SCHEDULE
13D
|
Page 19 of
25
|
(a)
|
Aggregate
number of shares beneficially
owned: 601,800
|
(b)
|
1. Sole
power to vote or to direct
vote: 0
|
(c)
|
Stilwell
Offshore has purchased a total of 14,900 shares of Common Stock for a
total of $139,700. The chart below reflects certain information
concerning such purchases:
|
Trade
Date
|
Number
of Shares
|
Price
Per Share ($)
|
Total
Price
|
04/03/09
|
900
|
9.00
|
$8,100
|
04/06/09
|
14,000
|
9.40
|
$131,600
|
(d)
|
Because
he is a director of Stilwell Offshore and is the managing and sole member
of Stilwell Management, which is the manager of Stilwell Offshore under a
managing agreement, Joseph Stilwell has the power to direct the affairs of
Stilwell Offshore, including the voting and disposition of shares of
Common Stock held in the name of Stilwell Offshore. Therefore,
Joseph Stilwell is deemed to share voting and disposition power with
Stilwell Offshore with regard to those shares of Common
Stock.
|
(a)
|
Aggregate
number of shares beneficially
owned: 601,800
|
(b)
|
1. Sole
power to vote or to direct
vote: 0
|
(c)
|
Stilwell
Value LLC has made no purchases of shares of Common
Stock.
|
(d)
|
Because
he is the managing and sole member of Stilwell Value LLC, Joseph Stilwell
has the power to direct the affairs of Stilwell Value
LLC. Stilwell Value LLC is the general partner of Stilwell
Value Partners VI and Stilwell Associates. Therefore, Stilwell
Value LLC may be deemed to share with Joseph Stilwell voting and
disposition power with regard to the shares of Common Stock held by
Stilwell Value Partners VI and Stilwell
Associates.
|
CUSIP
No. 561410 10 1
|
SCHEDULE
13D
|
Page 20 of
25
|
(a)
|
Aggregate
number of shares beneficially
owned: 601,800
|
(b)
|
1. Sole
power to vote or to direct
vote: 0
|
(c)
|
Stilwell
Management has made no purchases of shares of Common
Stock.
|
(d)
|
Because
he is the managing and sole member of Stilwell Management, Joseph Stilwell
has the power to direct the affairs of Stilwell
Offshore. Stilwell Management is the manager of Stilwell
Offshore under a managing agreement. Therefore, Stilwell
Management may be deemed to share with Joseph Stilwell voting and
disposition power with regard to the shares of Common Stock held by
Stilwell Offshore.
|
(a)
|
Aggregate
number of shares beneficially
owned: 601,800
|
(b)
|
1. Sole
power to vote or to direct
vote: 0
|
(c)
|
Joseph
Stilwell has not purchased or sold any shares of Common Stock since the
filing of the Original Schedule
13D.
|
(a)
|
Aggregate
number of shares beneficially
owned: 5,000
|
(b)
|
1. Sole
power to vote or to direct
vote: 5,000
|
(c)
|
John
Stilwell has not purchased or sold any shares of Common Stock since the
filing of the Original Schedule
13D.
|
CUSIP
No. 561410 10 1
|
SCHEDULE
13D
|
Page 21 of
25
|
Exhibit
No.
|
Description
|
|
1
|
Joint
Filing Agreement, dated May 30, 2008*
|
|
2
|
Blueprint
for Building MHC Value, dated June 2008**
|
|
3
|
Amended
Joint Filing Agreement, dated April 7,
2009
|
*
|
Filed
with Original Schedule 13D filed May 30,
2008
|
**
|
Filed
with First Amendment filed June 27,
2008
|
CUSIP
No. 561410 10 1
|
SCHEDULE
13D
|
Page 22 of
25
|
STILWELL
VALUE PARTNERS VI, L.P.
|
||||
By:
|
STILWELL
VALUE LLC
|
|||
General
Partner
|
||||
/s/
Joseph Stilwell
|
||||
By:
|
Joseph
Stilwell
|
|||
Managing
and Sole Member
|
||||
STILWELL
PARTNERS, L.P.
|
||||
/s/
Joseph Stilwell
|
||||
By:
|
Joseph
Stilwell
|
|||
General
Partner
|
||||
STILWELL
ASSOCIATES, L.P.
|
||||
By:
|
STILWELL
VALUE LLC
|
|||
General
Partner
|
||||
/s/
Joseph Stilwell
|
||||
By:
|
Joseph
Stilwell
|
|||
Managing
and Sole Member
|
||||
STILWELL
OFFSHORE LTD.
|
||||
By:
|
STILWELL
MANAGEMENT LLC
|
|||
Manager
|
||||
/s/
Joseph Stilwell
|
||||
By:
|
Joseph
Stilwell
|
|||
Managing
and Sole Member
|
||||
STILWELL
VALUE LLC
|
||||
/s/
Joseph Stilwell
|
||||
By:
|
Joseph
Stilwell
|
|||
Managing
and Sole Member
|
CUSIP
No. 561410 10 1
|
SCHEDULE
13D
|
Page 23 of
25
|
STILWELL
MANAGEMENT LLC
|
|||
/s/
Joseph Stilwell
|
|||
By:
|
Joseph
Stilwell
|
||
Managing
and Sole Member
|
|||
JOSEPH
STILWELL
|
|||
/s/
Joseph Stilwell
|
|||
Joseph
Stilwell
|
|||
JOHN
STILWELL
|
|||
/s/
John Stilwell
|
|||
John
Stilwell
|
CUSIP
No. 561410 10 1
|
SCHEDULE
13D
|
Page 24 of
25
|
STILWELL
VALUE PARTNERS VI, L.P.
|
|||
By:
|
STILWELL
VALUE LLC
|
||
General
Partner
|
|||
/s/
Joseph Stilwell
|
|||
By:
|
Joseph
Stilwell
|
||
Managing
and Sole Member
|
|||
STILWELL
ASSOCIATES, L.P.
|
|||
By:
|
STILWELL
VALUE LLC
|
||
General
Partner
|
|||
/s/
Joseph Stilwell
|
|||
By:
|
Joseph
Stilwell
|
||
Managing
and Sole Member
|
|||
STILWELL
PARTNERS, L.P.
|
|||
/s/
Joseph Stilwell
|
|||
By:
|
Joseph
Stilwell
|
||
General
Partner
|
|||
STILWELL
OFFSHORE LTD.
|
|||
By:
|
STILWELL
MANAGEMENT LLC
|
||
Manager
|
|||
/s/
Joseph Stilwell
|
|||
By:
|
Joseph
Stilwell
|
||
Managing
and Sole Member
|
|||
CUSIP
No. 561410 10 1
|
SCHEDULE
13D
|
Page 25 of
25
|
STILWELL
VALUE LLC
|
|||
/s/
Joseph Stilwell
|
|||
By:
|
Joseph
Stilwell
|
||
Managing
and Sole Member
|
|||
STILWELL
MANAGEMENT LLC
|
|||
/s/
Joseph Stilwell
|
|||
By:
|
Joseph
Stilwell
|
||
Managing
and Sole Member
|
|||
JOSEPH
STILWELL
|
|||
/s/
Joseph Stilwell
|
|||
Joseph
Stilwell
|
|||
JOHN
STILWELL
|
|||
/s/
John Stilwell
|
|||
John
Stilwell
|