September 21, 2005 Kate Tillian Assistant Chief Accountant Securities and Exchange Commission Washington, D.C. 20549 Re: University Bancorp, Inc. Form 10-K for the year ended December 31, 2004 Forms 10-Q for the periods ended March 31, and June 30, 2005 File No. 000-16023 Dear Ms. Tillian: Pursuant to your request, the following is our formal response to the issues noted in your letter dated August 19, 2005. Report of Independent Registered Public Accounting Firm - ------------------------------------------------------- o The report of other auditors in Exhibit 23.1 was modified to express an opinion for the three years ended December 31, 2004. o Richard C. Woodbury, CPA is registered with the PCAOB. He is listed as a registrant under the name of "Richard C. Woodbury PC CPA." o The report of Richard C. Woodbury, CPA was modified to conform to the PCAOB standard. Item 9A. Controls and Procedures - -------------------------------- o The conclusion regarding the disclosure controls and procedures was modified to clearly indicate that they are effective. This change was made for the Form 10-K and the two Form 10-Qs noted above. o The definition of disclosure controls and procedures was modified to conform to the definition set forth in Rule 13a-15e. This change was made for the Form 10-K and the two Form 10-Qs noted above. The amended Form 10-K and Form 10-Qs for the periods indicated above will be submitted to the SEC. Sincerely, /s/Nicholas K. Fortson - ----------------------- Nicholas K. Fortson Chief Financial Officer University Bancorp, Inc.