University Bank of Ann Arbor - University Bancorp.


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Earnings Press Releases

4Q 2010: University Bancorp Announces Results for 2010
4Q 2009: University Bancorp Announces Profit for 2009
4Q 2008: University Bancorp Reports 2008 Results and Update On Current Operations
3Q 2008: University Bancorp Reports 3Q 2008 Results
2Q 2008: University Bancorp Reports 2Q 2008 Results
1Q 2008: University Bancorp Reports 1Q 2008 Results
4Q 2007: University Bancorp Reports 2007 Results
3Q 2007: University Bancorp Reports $1,015,294 9MO 2007 Unaudited Net Income
2Q 2007: University Bancorp Reports $1,046,632 Unaudited Income
1Q 2007: University Bancorp Reports $160,481 Unaudited Income
4Q 2006: University Bancorp Reports 2006 Results
3Q 2006: University Bancorp Reports 3Q 2006 Results
2Q 2006: University Bancorp Reports 2Q 2006 Results; Quarterly Results Include $259,023 One-Time Charge
1Q 2006: University Bancorp Reports $14,687 1Q 2006 Net Income
4Q 2005: University Bancorp Reports Record Profit for 2005 with 66.3% ROE Due to New Islamic Subsidiary and Growth at Midwest Loan Services
3Q 2005: University Bancorp Reports $7,960 3Q2005 Net Income
2Q 2005: University Bancorp Reports $59,762 2Q2005 Net Loss; Quarterly Results Include $186,000 Servicing Rights Valuation Charge
1Q 2005: University Bancorp Reports $163,865 1Q2005 Net Income
4Q 2004: University Bancorp Reports 2004 Loss Due To Operating Charges & Updates Guidance for 2005; Portfolio Loans Grow 23.1% and Deposits Grow 14.9% (April 15, 2005)
3Q 2004: University Bancorp Reports Third Quarter Loss Due to Servicing Rights Charge, Resolution of Non Performing Assets and Tax Change; Loans Grow 17.7% Year to Date (November 10, 2004)
2Q 2004: University Bancorp Reports Second Quarter Loss Due to Investments (August 18, 2004)
1Q 2004: University Bancorp Reports First Quarter Loss Due to Investments (May 19, 2004)
FY 2003: University Bancorp 2003 Financial Results (April 9, 2004)

Other Press Releases

01.03.2012 - University Bancorp acquires 37.5% of University Lending Group
12.21.2011 - University Bancorp sets annual meeting date as December 30, 2011 noon (EST).
03.03.2011 - University Bancorp at American Bankers Association Community bank Investor Relations Conference - . To access the webcast replay please click here. The webcast replay will be available after the webcast presentation ends (03/03/2010) and is accessible for 90 days.
03.03.2011 - University Bancorp CEO presenting at American Bankers Association Bank Investors Conference on March3, 2011.
02.17.2011 - University Bancorp, Inc. names Registrar & Transfer its new transfer agent.
07.20.2010 - Crain's Detroit Business names University Bancorp, INC. second fastest growing firm in the Greater Detroit region in 2009.
06.12.2010 - David Canter & David Little join University Bank's Board of Directors.
06.08.2010 - University Bancorp Director Michael M. Talley elected to key positions locally & nationwide in the health information exchange industry.
03.09.2009 - University Bancorp subsidiary University Islamic Financial featured in New York Times article. " A Hometown Bank Heeds a Call to Serve Its Islamic Clients."
02.18.2009 - University Bank receives the American Bankers Association's Community Bank Award for 2009.
12.31.2008 - University Bancorp gives notice of voluntary delisting.
11.18.2008 - University Bank received a FastTrack Award from Ann Arbor SPARK for outstanding business success.
11.10.2008 - University Islamic Financial Corporation joins AAOIFI, The Global Islamic Finance Accounting Standards Setting Organization.
07.27.2008 - American Banker "Islamic Finance Unit Takes Bank Beyond Michigan Roots"
05.13.2008 - Washington Post Article regarding the growth of the Islamic Financing and University Bank's Islamic banking subsidiary, University Islamic Financial.
04.30.2007 - “University Bancorp”, Wall Street Transcript
04.26.2007 - University Bank Appoints John J.H. ("Joe") Schwarz, M.D. as Director & Announces New MedCash Manager(TM) Product.
09.11.2006 - "University Bank Selected as 'Community Bankers of the Year' By U.S. Banker Magazine"
07.10.2006 - "University Bancorp Audio Interview On WallSt.Net"
04.27.2006 - University Bank's Islamic Subsidiary Featured on Reuters News.
02.20.2006 - University Bank Signs $100,000,000 Sharia'a Home Acquisition Master Commitment With Freddie Mac.
01.19.2006 - CNN/Money.com Article on Islamic Banking & University Bank's Islamic Banking Subsidiary, University Islamic Financial.
12.30.2005 - $15,581,000 Deal Forms 1st U.S. Sharia'a Compliant Banking Sub.
12.05.2005 - Midwest Loan Services Surpasses $3 Billion in Mortgage Loans Subserviced.
10.20.2005 - University Bank and Solden Development Reach Agreement Over Historic Hoover Mansion (October 20, 2005)
08.08.2005 - "University Bank's Islamic Lending Products Featured in the NY Times, Detroit Free Press & Detroit News"
05.15.2005 - Midwest Loan Services Receives Coveted SAS70 Certification (May 15, 2005)
04.06.2005 - University Bank Signs $1 Million Deal to Relocate Early.
03.29.2005 - University Bank's Stephen Lange Ranzini Elected Vice Chairman of the Washtenaw County Economic Development Corporation's Board of Directors.
03.28.2005 - University Bancorp President Appointed U.S. Delegate to the Top Global Security Standards Organization for the Financial Services Industry, ISO TC68 SC2 (March 28, 2005)
02.08.2005 - University Bank's Islamic Banking Division is an 'Islamic Friendly Lender' According To This Week's Business Week Magazine; One of Just Three In The United States.
12.17.2004 - University Bank's Stephen Lange Ranzini Elected To The Economic Development Corporation of Washtenaw County's Board of Directors.
10.01.2004 - University Bancorp President Appointed to the Top Financial Services Industry Standards Organization, ASC X9, Board of Directors.
09.22.2004 - University Bank Signs First Michigan ATM Agreement With KeyCorp.
07.27.2004 - University Bank's Position on Partial-Birth Abortion.
05.15.2004 - University Bank Elects Former Senator Alma Wheeler Smith to its Board of Directors.
05.03.2004 - University Bank Hires New Islamic Mortgage Specialist.
01.08.2004 - Midwest Loan Services Surpasses $2 Billion in Mortgage Loans Subserviced.
01.05.2004 - University Bank CEO Rebecca David Resigns to Pursue New Challenges.
12.04.2003 - “Bank Eyes Muslim ‘Mortgages’”, Business Direct Weekly.
12.01.2003 - “Fee Income Engine Helps Drive Turnaround”, American Bankers Association Banking Journal.
11.20.2003 - University Bank's Stephen Lange Ranzini Elected to the Economic Development Corporation of the City of Ann Arbor's Board of Directors.
10.20.2003 - University Bank's Stephen Lange Ranzini New President of Yale Alumni Association of Michigan.
11.03.2003 - “Small Banks Get Index of Their Own,” Wall Street Journal.
“Deposit Commission Pay Off for Michigan Bank”, American Banker
“In the Spotlight: University Bank Scores ‘Outstanding’ for Community Reinvestment: Big Numbers for Tiny Bank”, Dexter, Michigan Chamber Magazine.
09.10.2003 - “Day of Caring Launches United Way Campaign”, Ann Arbor News.
07.03.2003 - “Local Banker Pushes New Payment System”, Business Direct Weekly.
06.19.2003 - “Banking on Tech”, Business Direct Weekly.
06.13.2003 - University Bank scores "Outstanding" Score from FDIC for Community Service & Community Reinvestment.
03.25.2003 - University Bancorp Improves Annual Results 167.6%, 4th Quarter Sets Record.
12.19.2002 - Midwest Loan Services Surpasses $1 Billion in Mortgage Loans Subserviced.
11.27.2002 - Child Musical Prodigy, Legal Pioneer, Financier and Civil Rights Pioneer Joseph Louis Ranzini Dies, At 73.
09.11.2002 - “In Lower Town, Things Are Looking Up,” Ann Arbor News.
11.15.2001 - University Bancorp reports 2001 third quarter results. $1,659,749 of new common stock sold in rights offering.
10.31.2001 - Rights are listed on NASDAQ small cap market. Rights offering expiration date extended.
08.30.2001 - University Bancorp announces rights offering to raise $2.1 Million | Rights offering cover letter.
08.20.2001 - University Bancorp reports 2001 second quarter profit.
09.22.1997 - “Small-Timers, Big Ideas: Family’s Bank Breaks Molds”, Crain’s Detroit Business.

Cautionary Remarks About Future Predictions
Any prediction of the future in inherently not assured. Investors should read the risk factors in the Company’s Securities Exchange Commission report on Form 10-K for the year ended December 31, 2007 and any prediction in a press release or annual report is intended to be covered by the Safe Harbor provisions of Section 21E of the Securities Exchange Act of 1934.

Required Regulatory Statement on Risk
The securities of University Bancorp have NO FDIC Insurance and carry RISK OF LOSS: The securities are not insured by the FDIC or the Bank. The securities are subject to investment risks, including the possible loss of the principal amount invested.