Press Releases

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

UNIVERSITY BANCORP 2Q2016 NET INCOME $991,934 $0.194 PER SHARE

For Immediate Release UNIVERSITY BANCORP 2Q2016 NET INCOME $991,934 $0.194 PER SHARE Ann Arbor, Michigan, September 6, 2016, — University Bancorp, Inc. (OTCQB: UNIB) announced that it had an unaudited net income attributable to University Bancorp, Inc. common stock shareholders in 2Q2016 of $991,934, $0.194 per share on average shares outstanding of 5,100,899 for the second quarter, versus an unaudited net income of $2,184,026, $0.427

UNIVERSITY BANCORP 1Q2016 NET LOSS $224,897, $0.044 PER SHARE

For Immediate Release UNIVERSITY BANCORP 1Q2016 NET LOSS $224,897, $0.044 PER SHARE Ann Arbor, Michigan, June 15, 2016 — University Bancorp, Inc. (OTCQB: UNIB) announced that it had an unaudited net loss attributable to University Bancorp, Inc. common stock shareholders in 1Q2016 of ($224,897), ($0.044) per share on average shares outstanding of 5,100,899 for the first quarter, versus an unaudited net income of $67,864, $0.014

UNIVERSITY BANK ISSUES $2.5 MILLION 5.75% PERPETUAL NOTE

For Immediate Release Ann Arbor, Michigan, April 6, 2016, — University Bank, a subsidiary of University Bancorp, Inc. (OTCQB: UNIB), announced that it has issued to a private investor group a $2.5 million Tier 1 Participatory Note Certificate.  The Note Certificate is perpetual and has no maturity date.  The additional capital increases University Bank’s regulatory capital by approximately 18.5% to support recent and future growth.

UNIVERSITY BANCORP 2015 NET INCOME $3,139,217, $0.618 PER SHARE

For Immediate Release Ann Arbor, Michigan, April 1, 2016, — University Bancorp, Inc. (OTCQB: UNIB) announced that it had audited net income attributable to University Bancorp, Inc. common stock shareholders in 2015 of $3,139,217, $0.618 per share on average shares outstanding of 5,080,372 for the year, versus audited net income of $755,181, $0.16 per share on average shares outstanding of 4,722,776 for 2014.  For 2015,

AMERICAN BANKER NOTES UNIVERSITY BANCORP WAS THE #1 TOP PERFORMING PUBLICLY TRADED BANKING FIRM NATIONWIDE IN 2015

For Immediate Release AMERICAN BANKER NOTES UNIVERSITY BANCORP WAS THE #1 TOP PERFORMING PUBLICLY TRADED BANKING FIRM NATIONWIDE IN 2015                             Ann Arbor, Michigan, May 3, 2016, — University Bancorp, Inc. (OTCQB: UNIB), announced that it was ranked as the #1 banking firm in the entire United States in 2015 based on average return on shareholders’ equity according to American Banker magazine.  The bank holding company

UNIVERSITY BANCORP’S FIRST DIVIDEND: $0.107 PER SHARE

For Immediate Release Ann Arbor, Michigan, February 1, 2016, — University Bancorp, Inc. (OTCQB: UNIB) today announced that its board of directors has declared the Company’s first dividend to its common shareholders, in the amount of $0.107 per share, a payment of approximately $546,000 in total on the 5,102,844 shares currently outstanding. The ex-dividend date will be as of the close of business today, February

UNIVERSITY BANCORP 9M2015 PROFIT $2,955,513, $0.58 PER SHARE

For Immediate Release Ann Arbor, Michigan, November 13, 2015, — University Bancorp, Inc. (OTCQB: UNIB) announced that it had unaudited net income attributable to University Bancorp, Inc. common stock shareholders in the third quarter of 2015 of $703,623, $0.138 per share on average shares outstanding of 5,109,649 for the third quarter, versus an unaudited net income of $528,727, $0.112 per share on average shares outstanding

UNIVERSITY BANCORP 2Q2015 PROFIT $2,184,026, $0.427 PER SHARE

For Immediate Release              Ann Arbor, Michigan, July 29, 2015, — University Bancorp, Inc. (OTCQB: UNIB) announced that it had unaudited net income attributable to University Bancorp, Inc. common stock shareholders in the second quarter of 2015 of $2,184,026, $0.427 per share on average shares outstanding of 5,118,302 for the second quarter, versus an unaudited net income of $668,735, $0.142 per share on average shares outstanding

FED APPOINTS UNIVERSITY BANK’S PRESIDENT & CEO, STEPHEN LANGE RANZINI, TO SECURE PAYMENTS STEERING COMMITTEE

For Immediate Release Ann Arbor, Michigan, July 28, 2015, — University Bancorp, Inc. (OTCQB: UNIB) announced that Stephen Lange Ranzini, President & CEO of both University Bank and University Bancorp, has been appointed as one of 16 members of the new Secure Payments Steering Committee established by the Federal Reserve. The new Steering Committee members are tasked with advising the Fed on the security and