SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

       Date of Report (Date of Earliest Event Reported): November 18, 2003

               000-24478                            38-3073622
          (Commission File No.)          (IRS Employer Identification No.)


                             DEARBORN BANCORP, INC.
             (Exact name of registrant as specified in its charter)

                       22290 Michigan Avenue, Dearborn, MI
                    (Address of Principal Executive Offices)

                                      48124
                                   (Zip Code)

                                 (313) 274-1000
              (Registrant's Telephone Number, Including Area Code)





Item 5. Other Events

On November 18, 2003, the Registrant declared a stock dividend of one share of
it's common, non-assessable stock for each 20 shares owned by each stockholder
of record as of the close of business December 5, 2003. A copy of the press
release announcing the stock dividend is attached to this document as exhibit
99.1.


Item 7.      Exhibits

99.1         Press Release dated November 19, 2003, announcing Dearborn Bancorp,
             Inc.'s declaration of a stock dividend.


                                 SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.



                             Dearborn Bancorp, Inc.
                                  (Registrant)





                              /s/ Jeffrey L. Karafa
                        -------------------------------
                               Jeffrey L. Karafa
                      Treasurer and Chief Financial Officer




Date:  November 19, 2003









                                  EXHIBIT INDEX


Exhibit No.       Description

99.1              Press Release dated November 19, 2003, announcing Dearborn
                  Bancorp, Inc.'s declaration of a stock dividend.