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.)

 

 

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(a) The reasons described in reasonable detail in Part III of this

 

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form could not be eliminated without unreasonable effort or

 

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expense;

 

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x |

(b) The subject annual report, semi-annual report, transition report

 

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on Form 10-KSB, Form 20-F, 11-K or Form N-SAR, or portion thereof,

 

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will be filed on or before the fifteenth calendar day following

| the prescribed due date; or the subject quarterly report or

 

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transition report on Form 10-QSB, or portion thereof will be filed

 

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on or before the fifth calendar day following the prescribed due

 

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date; and

 

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(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

 

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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 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.

 

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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: May 16, 2007

By:

/s/ Stephen L. Ranzini

 

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Stephen L. Ranzini

 

President and Chief Executive Officer