UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25/A
NOTIFICATION OF LATE FILING
(CHECK ONE):[X]Form 10-K [ ]Form 20-F [ ]Form 11-K [ ]Form 10-Q [ ]Form N-SAR
For Period Ended: December 31, 2005
[ ] 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:
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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
University Bancorp, Inc.
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Full Name of Registrant
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Former Name if Applicable
2015 Washtenaw Avenue
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Address of Principal Executive Office (Street and Number)
Ann Arbor, Michigan 48104
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City, State and Zip Code
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;
(b) The subject annual report, semi-annual report, transition
report on Form 10-K, Form 20-F, 11-K or Form N-SAR, or portion
thereof, will be filed on or before the 15th calendar day
[X] following the prescribed due date; or the subject quarterly
report or transition report on Form 10-Q, 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.
PART III--NARRATIVE
State below in reasonable detail the reasons why Form 10-K, 20-F, 11-K, 10-Q,
N-SAR, or the transition report or portion thereof, could not be filed within
the prescribed period. (Attach Extra Sheets if Needed)
The registrant is unable to file its Form 10K by the required due date because
the registrant is working with their prior auditors, Grant Thornton, to get
their consent to include their audit opinions for 2004 and 2003 in the Form 10K.
PART IV--OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification:
Stephen Lange Ranzini (734) 741-5858
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(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 [ ] No
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(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?
[X] Yes [ ] No
SEE EXHIBIT
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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.
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(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.
Date: April 3, 2006 By: /s/ Stephen Lange Ranzini
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Stephen Lange Ranzini
President
2
University Bancorp, Inc.
FORM 12b-25/A
For the year ended December 31, 2005
EXPLANATORY NOTE
This Amendment on Form 12b-25/A amends the Report on Form 12b-25 for the year
ended December 31, 2005, as originally filed by University Bancorp, Inc. on
March 31, 2006 (the "Original Filing"), for the purpose of correcting a few
typographical errors in the exhibit attached to the original filing. The changes
are:
1. "Midwest had a pretax income of $426,000 in 2005..." The original filing
listed the year as 2004.
2. Total non-interest income increased to $5,891,330 for the year ended December
31, 2005 from $3,822,548 for the year ended in 2004. The original filing
listed the date as December 31, 2004 and stated for the "period ended."
3. In the columnar table labeled December 31, 2005, Loans & Loans Held for Sale
was changed to $47,099 from $45,652 in the original filing.