Press Releases

UNIVERSITY BANCORP 1Q2018 NET INCOME $625,247, $0.12 PER SHARE

Ann Arbor, Michigan, May 15, 2018, — University Bancorp, Inc. (OTCQB: UNIB) announced that it had an unaudited net income attributable to University Bancorp, Inc. common stock shareholders in 1Q2018 of $625,247, $0.12 per share on average shares outstanding of 5,200,899 for the first quarter, versus an unaudited net income of $900,023, $0.175 per share on average shares outstanding of 5,200,899 for 1Q2017.  For the

AMERICAN BANKER NOTES UNIVERSITY BANCORP WAS THE #3 TOP PERFORMING PUBLICLY TRADED BANKING FIRM NATIONWIDE IN 2017

Ann Arbor, Michigan, May 11, 2018, — University Bancorp, Inc. (OTCQB: UNIB), announced that it was ranked as the #3 banking firm in the entire United States in 2017 based on return on average shareholders’ equity according to American Banker magazine (https://www.americanbanker.com/data/cautiously-optimistic-the-top-200-publicly-traded-community-banks).  American Banker also ranked our bank holding company #3 nationwide for return on average equity for the three year period 2015-2017 and #4

UNIVERSITY BANCORP 2017 NET INCOME $5,124,358, $0.99 PER SHARE; RETURN ON EQUITY IS 28.3%

UNIVERSITY BANCORP 2017 NET INCOME $5,124,358, $0.99 PER SHARE; RETURN ON EQUITY IS 28.3% Ann Arbor, Michigan, April 12, 2018, — University Bancorp, Inc. (OTCQB: UNIB) announced that it had audited net income attributable to University Bancorp, Inc. common stock shareholders in 2017 of $5,124,358, $0.99 per share on average shares outstanding of 5,187,218 for the year, versus audited net income of $3,806,197, $0.75  per

UNIVERSITY BANCORP SETS ANNUAL MEETING DATE AS DECEMBER 21, 2017 NOON EST

Ann Arbor, Michigan, December 9, 2017, — University Bancorp, Inc. (OTCQB: UNIB) today announced that its 2017 annual shareholder meeting has been scheduled for December 21, 2017, beginning at Noon EST at University Bank’s headquarters at 2015 Washtenaw Avenue, Ann Arbor.  Shareholders of record as of the close of business December 18, 2017 will be entitled to vote.  As a measure to economize and save

UNIVERSITY BANCORP 3Q2017 NET INCOME $844,103; $0.162 PER SHARE

Ann Arbor, Michigan, December 4, 2017, — University Bancorp, Inc. (OTCQB: UNIB) announced that it had an unaudited net income attributable to University Bancorp, Inc. common stock shareholders in 3Q2017 of $844,103; $0.162 per share on average shares outstanding of 5,200,899 for the third quarter, versus an unaudited net income of $1,500,414, $0.294 per share on average shares outstanding of 5,100,899 for 3Q2016.  For the

UNIVERSITY BANCORP 2Q2017 NET INCOME $908,956, $0.175 PER SHARE; FIRST HALF REVENUE RISES 52.6% OVER PRIOR YEAR

For Immediate Release UNIVERSITY BANCORP 2Q2017 NET INCOME $908,956, $0.175 PER SHARE; FIRST HALF REVENUE RISES 52.6% OVER PRIOR YEAR                                 Ann Arbor, Michigan, August 14, 2017, — University Bancorp, Inc. (OTCQB: UNIB) announced that it had an unaudited net income attributable to University Bancorp, Inc. common stock shareholders in 2Q2017 of $908,956, $0.175 per share on average shares outstanding of 5,200,899 for the second quarter,

UNIVERSITY BANCORP 1Q2017 NET INCOME $900,023, $0.175 PER SHARE; FIRST QUARTER REVENUE RISES 41.7% OVER PRIOR YEAR

UNIVERSITY BANCORP 1Q2017 NET INCOME $900,023, $0.175 PER SHARE; FIRST QUARTER REVENUE RISES 41.7% OVER PRIOR YEAR                                                                         Ann Arbor, Michigan, June 19, 2017, — University Bancorp, Inc. (OTCQB: UNIB) announced that it had an unaudited net income attributable to University Bancorp, Inc. common stock shareholders in 1Q2017 of $900,023, $0.175 per share on average shares outstanding of 5,146,177 for the first quarter, versus an

UNIVERSITY BANCORP 2016 NET INCOME $3,806,197, $0.75 PER SHARE; RETURN ON EQUITY IS 25.7% WHILE REVENUE GROWS 16.7%

 UNIVERSITY BANCORP 2016 NET INCOME $3,806,197, $0.75 PER SHARE; RETURN ON EQUITY IS 25.7% WHILE REVENUE GROWS 16.7% Ann Arbor, Michigan, April 7, 2016, — University Bancorp, Inc. (OTCQB: UNIB) announced that it had audited net income attributable to University Bancorp, Inc. common stock shareholders in 2016 of $3,806,197, $0.75 per share on average shares outstanding of 5,100,899 for the year, versus audited net income

UNIVERSITY BANCORP SETS ANNUAL MEETING DATE AS DECEMBER 23, 2016 NOON EST

For Immediate Release Contact:  Stephen Lange Ranzini, President and CEO Phone: 734-741-5858, Ext. 9226 Email: ranzini@university-bank.com  UNIVERSITY BANCORP SETS ANNUAL MEETING DATE AS DECEMBER 23, 2016 NOON EST Ann Arbor, Michigan, December 21, 2016, — University Bancorp, Inc. (OTCQB: UNIB) today announced that its 2016 annual shareholder meeting has been scheduled for December 23, 2016, beginning at Noon EST at University Bank’s headquarters at 2015

UNIVERSITY BANCORP 3Q2016 NET INCOME $1,500,414; $0.294 PER SHARE

For Immediate Release Contact:  Stephen Lange Ranzini, President and CEO Phone: 734-741-5858, Ext. 9226 Email: ranzini@university-bank.com  UNIVERSITY BANCORP 3Q2016 NET INCOME $1,500,414; $0.294 PER SHARE     Ann Arbor, Michigan, November 21, 2016, — University Bancorp, Inc. (OTCQB: UNIB) announced that it had an unaudited net income attributable to University Bancorp, Inc. common stock shareholders in 3Q2016 of $1,500,414, $0.294 per share on average shares outstanding of

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