| UNITED STATES |
| SECURITIES AND EXCHANGE COMMISSION |
| WASHINGTON, DC 20549 |
| FORM 12B-25 |
| NOTIFICATION OF LATE FILING |
| Commission File Number: 000-27704 |
(Check One): o Form 10-KSB | [_] Form 20-F | [_] Form 11-K | x Form 10-QSB | [_] Form N-SAR |
| For Period Ended: March 31, 2007 |
| [_] Transition Report on Form 10-K |
| [_] Transition Report on Form 20-F |
| [_] Transition Report on Form 11-K |
| [_] Transition Report on Form 10-Q |
| [_] Transition Report on Form N-SAR |
| For the Transition Period Ended: |
Read attached instruction sheet before preparing form. Please print or type.
| Nothing in this form shall be construed to imply that the Commission has |
| verified any information contained herein. |
If the notification relates to a portion of the filing checked above, identify
the item(s) to which the notification relates:
PART I -- REGISTRANT INFORMATION
Full name of registrant: University Bancorp, Inc.
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Former name if applicable:
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Address of principal executive office (Street and number): 2015 Washtenaw Avenue
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City, state and zip code: Ann Arbor, Michigan 48104
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PART II -- RULES 12b-25(b) AND (c)
| If the subject report could not be filed without unreasonable effort or |
expense and the registrant seeks relief pursuant to Rule 12b-25(b), the
following should be completed. (Check box if appropriate.)
| | | (a) The reasons described in reasonable detail in Part III of this |
| | | form could not be eliminated without unreasonable effort or |
| | | expense; |
| | |
x | | (b) The subject annual report, semi-annual report, transition report |
| | | on Form 10-KSB, Form 20-F, 11-K or Form N-SAR, or portion thereof, |
| | | will be filed on or before the fifteenth calendar day following |
| the prescribed due date; or the subject quarterly report or
| | | transition report on Form 10-QSB, or portion thereof will be filed |
| | | on or before the fifth calendar day following the prescribed due |
| | | date; and |
| | |
| | | (c) The accountant's statement or other exhibit required by Rule |
12b-25(c) has been attached if applicable. The accountant’s statement
has been attached as an exhibit to this Notification.
PART III -- NARRATIVE
State below in reasonable detail the reasons why Forms 10-K, 20-F, 11-K, 10-Q, N-SAR, or the transition report portion thereof, could not be filed within the prescribed time period. (Attach extra sheets if needed.)
The Company is preparing to file Form 10-KSB/A for the 2006 year. Thus, additional time is needed to file the March 31, 2007 Form 10-QSB. The March 31, 2007 Form 10-QSB will be filed before the extended due date.
PART IV -- OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
| notification |
| Stephen Lange Ranzini | (734) | 741-5858 |
| ----------------- | ----------- ------------------ |
| (Name) | (Area Code) (Telephone Number) |
(2) Have all other periodic reports required under Section 13 or 15(d) of the
| Securities Exchange Act of 1934 or Section 30 of the Investment Company Act |
| of 1940 during the preceding 12 months or for such shorter period that the |
| registrant was required to file such report(s) been filed? If the answer is |
| no, identify report(s). x Yes o No |
(3) Is it anticipated that any significant change in results of operations from
| the corresponding period for the last fiscal year will be reflected by the |
| earnings statements to be included in the subject report or portion |
| thereof? [_] Yes x No |
| If so, attach an explanation of the anticipated change, both narratively |
| and quantitatively, and, if appropriate, state the reasons why a reasonable |
| estimate of the results cannot be made. |
| University Bancorp, Inc. |
| -------------------------------------------- |
| (Name of Registrant as Specified in Charter) |
has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.
Date: May 16, 2007 | By: | /s/ Stephen L. Ranzini |
| ------------------- |
| Stephen L. Ranzini |
| President and Chief Executive Officer |
