Dearborn Bancorp (DEAR) 8-K/A Other Events

Exhibit b.2

Dearborn Bancorp, Inc.
Pro Forma Income Statement for the Year ended December 31, 2006

(In thousands, except share and per share data)

	Dearborn		Fidelity		Adjustments				Combined
Interest income	$	53,886	$	16,096	($	441	)	a,b	$	69,541
Interest expense		25,884		4,840		52		a,c		30,776
Net interest income		28,002		11,256		(493	)			38,765
Provision for loan loss		943		400		—				1,343
Net interest income after provision for loan losses		27,059		10,856		(493	)			37,422
Non-interest income		925		1,214		—				2,139
Non-interest expense		16,225		7,623		1,199		a,d		25,047
Income before income tax provision		11,759		4,447		(1,692	)			14,514
Income tax provision		3,940		—		937		e,f		4,877
Net income	$	7,819	$	4,447	($	2,629	)		$	9,637
Basic earnings per share									$	1.07
Diluted earnings per share									$	1.03
Weighted average shares outstanding — basic										9,028,878
Weighted average shares outstanding — diluted										9,328,726

a. Amortization of intangible assets and valuation allowances
Core Deposit Intangible	$	878
Borrower Relationship Intangible	$	209
Fixed Maturity Deposits	$	29
Loan Portfolio	$	41
Total	$	1,156
b. Interest on federal funds sold due to utilization of federal funds sold to fund acquisition ($8 million@5%)	$	400
c. Interest expense on short term debt financing	$	23
d. Depreciation expense on increased building valuation $4,502,000 depreciated over 40 years	$	113
e. Income tax expense on Fidelity net income for 2006 of $4,446 using a tax rate of 34%.	$	1,512
f. Represents the tax impact footnotes a, b and c using a tax rate of 34%.	($	575	)