Press Releases

UNIVERSITY BANCORP 2H2013 PROFIT $1,774,791 $0.38 PER SHARE

For Immediate Release Ann Arbor, Michigan, July 30, 2013,– University Bancorp, Inc. (OTCQB: UNIB) announced that it had unaudited net income attributable to University Bancorp, Inc. common stock shareholders in the first half of 2013 of $1,774,791, $0.38 per share on average shares outstanding of 4,667,598 for the first six months.  Year-to-date, the pre-tax profit of the Company’s wholly-owned subsidiary, University Bank, was $3,373,850, above

UNIVERSITY BANCORP 1Q-2013 PROFIT $486,848, $0.104 PER SHARE

For Immediate Release Ann Arbor, Michigan, April 26, 2013, — University Bancorp, Inc. (OTCQB: UNIB) announced that it had unaudited net income attributable to University Bancorp, Inc. common stock shareholders in the first three months of 2013 of $486,848, $0.104 per share on average shares outstanding of 4,667,598 for the first three months.  Year-to-date, the pre-tax profit of the Company’s wholly-owned subsidiary, University Bank, was

UNIVERSITY BANCORP 2012 PROFIT $1,915,859, $0.411 PER SHARE

For Immediate Release          Ann Arbor, Michigan, April 26, 2013,– University Bancorp, Inc. (OTCQB: UNIB) announced that it had audited net income attributable to University Bancorp, Inc. common stock shareholders in 2012 of $1,915,859, $0.411 per share on average shares outstanding of 4,661,348 for the year.  For 2012, University Bancorp had pre-tax income of $4,678,663. For 2012, minority interest of $806,919, preferred stock dividends of $93,938

UNIVERSITY BANCORP 9M2012 PROFIT $1,938,345 $0.416 PER SHARE

For Immediate Release Ann Arbor, Michigan, November 20, 2012, — University Bancorp, Inc. (OTCQB: UNIB) announced that it had unaudited net income attributable to University Bancorp, Inc. common stock shareholders in the first nine months of 2012 of $1,938,345, $0.416 per share on average shares outstanding of 4,659,265 for the first nine months. For the first nine months of 2012, University Bank had pre-tax income

UNIVERSITY BANCORP 1H2012 PROFIT $1,400,444, $0.301 PER SHARE

For Immediate Release Ann Arbor, Michigan, August 10, 2012, — University Bancorp, Inc. (OTCQB: UNIB) (Pink Sheets: UNIB) announced that it had unaudited net income attributable to University Bancorp, Inc. common stock shareholders in the first half of 2012 of $1,400,444, represented $0.301 per share on average shares outstanding for the first half of 4,655,098. These results were ahead of the Company’s budgeted net income

UNIVERSITY BANCORP TO INCREASE OWNERSHIP TO 100% OF UNIVERSITY LENDING GROUP

For Immediate Release Ann Arbor, Michigan, May xx, 2012, — University Bancorp, Inc. (OTCQB: UNIB) (Pink Sheets: UNIB) announced today that its subsidiary, University Bank, had signed a definitive agreement to acquire an additional 12.4975% membership interest in University Lending Group, LLC, bringing its total ownership to 100%. University Bank will buy the membership interest in installments for $500,000, $350,000 in the second quarter and

UNIVERSITY BANK 1Q2012 PROFIT $937,546

For Immediate Release Ann Arbor, Michigan, May 9, 2012, — University Bancorp, Inc. (OTCQB: UNIB) (Pink Sheets: UNIB) provided an update on operating results of its bank subsidiary, University Bank, announcing that the bank had an unaudited pre-tax profit of $937,546 for the first three months of 2012. These results were ahead of the budget by $642,900 year-to-date pre-tax for the three months. The budget

UNIVERSITY BANCORP, INC. ANNOUNCES RESULTS FOR 2011

For Immediate Release Ann Arbor, Michigan, May 9, 2012, — University Bancorp, Inc. (OTCQB: UNIB) (Pink Sheets: UNIB) announced today that it had an audited net loss of $932,074 in 2011 versus net income of $169,359 in 2010. After taking into account preferred stock dividends and net income attributable to the minority interests held by outside shareholders in University Bank’s subsidiaries, net income attributable to

UNIVERSITY BANCORP ACQUIRES 37.5% OF UNIVERSITY LENDING GROUP

For Immediate Release Ann Arbor, Michigan, January 3, 2012, — University Bancorp, Inc. (OTCQB: UNIB) (Pink Sheets: UNIB) announced today that its subsidiary, University Bank, had acquired an additional 37.4925% membership interest in University Lending Group, LLC, effective as of December 31, 2011, bringing its total ownership to 87.5025%. University Bancorp, Inc. issued a total of 366,720 shares of common stock, representing 8.26% of the

UNIVERSITY BANCORP SETS ANNUAL MEETING DATE

For Immediate Release Ann Arbor, Michigan, December 21, 2011, — University Bancorp, Inc. (OTCQB: UNIB) (Pink Sheets: UNIB) announced today that its 2011 annual shareholder meeting has been scheduled for December 30, 2011, 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 23, 2011 will be entitled to vote. As

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