-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 HgmZO5b2HGjkDbfOqtDYoQNdQUL02eCTMFtIu9CIP+jXQJW7E5K0tTpIzwXAVukX
 t4NlSxiWABuAvQd3RwFJUw==

<SEC-DOCUMENT>0000811211-03-000010.txt : 20030819
<SEC-HEADER>0000811211-03-000010.hdr.sgml : 20030819
<ACCEPTANCE-DATETIME>20030819202914
ACCESSION NUMBER:		0000811211-03-000010
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030816
FILED AS OF DATE:		20030819

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			UNIVERSITY BANCORP INC /DE/
		CENTRAL INDEX KEY:			0000811211
		STANDARD INDUSTRIAL CLASSIFICATION:	STATE COMMERCIAL BANKS [6022]
		IRS NUMBER:				382929531
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		959 MAIDEN LANE
		CITY:			ANN ARBOR
		STATE:			MI
		ZIP:			48105
		BUSINESS PHONE:		9066359794

	MAIL ADDRESS:	
		STREET 1:		959 MAIDEN LANE
		CITY:			ANN ARBOR
		STATE:			MI
		ZIP:			48105

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NEWBERRY BANCORP INC
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FORTUNE 44 CO /DE/
		DATE OF NAME CHANGE:	19900401

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			RANZINI STEPHEN LANGE
		CENTRAL INDEX KEY:			0001009037

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-16023
		FILM NUMBER:		03856922

	BUSINESS ADDRESS:	
		STREET 1:		209 EAST PORTAGE STREET
		CITY:			SAULT ST MARIE
		STATE:			MI
		ZIP:			49783
		BUSINESS PHONE:		9066359794

	MAIL ADDRESS:	
		STREET 1:		959 MAIDEN LANE
		CITY:			ANN ARBOR
		STATE:			MI
		ZIP:			48105
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>form4_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<!-- - EDGAR Ease Plus 1.0                                   07/25/03  TT    -->
<ownershipDocument>
    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType>
   <periodOfReport>2003-08-16</periodOfReport>
   <notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0000811211</issuerCik>
        <issuerName>UNIVERSITY BANCORP INC /DE/</issuerName>
        <issuerTradingSymbol>unib</issuerTradingSymbol>
   </issuer>
   <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001009037</rptOwnerCik>
            <rptOwnerName>RANZINI STEPHEN LANGE</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>959 MAIDEN LANE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>ANN ARBOR</rptOwnerCity>
            <rptOwnerState>MI</rptOwnerState>
            <rptOwnerZipCode>48105</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
         <isDirector>1</isDirector>
         <isOfficer>1</isOfficer>
         <isTenPercentOwner>1</isTenPercentOwner>
         <isOther>0</isOther>
         <officerTitle>President &amp; CEO</officerTitle>
      </reportingOwnerRelationship>
   </reportingOwner>
 <nonDerivativeTable>
   <nonDerivativeHolding>
      <securityTitle>
         <value>Common Stock</value>
      </securityTitle>
      <postTransactionAmounts>
         <sharesOwnedFollowingTransaction>
           <value>556868</value>
         </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
         <directOrIndirectOwnership>
            <value>D</value>
         </directOrIndirectOwnership>
      </ownershipNature>
   </nonDerivativeHolding>
   <nonDerivativeHolding>
      <securityTitle>
         <value>Common Stock</value>
      </securityTitle>
      <postTransactionAmounts>
         <sharesOwnedFollowingTransaction>
           <value>39600</value>
         </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
         <directOrIndirectOwnership>
            <value>I</value>
         </directOrIndirectOwnership>
         <natureOfOwnership>
            <value>By Trust</value>
            <footnoteId id="F2"/>
            <footnoteId id="F5"/>
         </natureOfOwnership>
      </ownershipNature>
   </nonDerivativeHolding>
   <nonDerivativeHolding>
      <securityTitle>
         <value>Common Stock</value>
      </securityTitle>
      <postTransactionAmounts>
         <sharesOwnedFollowingTransaction>
           <value>1958757</value>
         </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
         <directOrIndirectOwnership>
            <value>I</value>
         </directOrIndirectOwnership>
         <natureOfOwnership>
            <value>By L.P.</value>
            <footnoteId id="F3"/>
            <footnoteId id="F5"/>
         </natureOfOwnership>
      </ownershipNature>
   </nonDerivativeHolding>
   <nonDerivativeHolding>
      <securityTitle>
         <value>Common Stock</value>
      </securityTitle>
      <postTransactionAmounts>
         <sharesOwnedFollowingTransaction>
           <value>28371</value>
         </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
         <directOrIndirectOwnership>
            <value>I</value>
         </directOrIndirectOwnership>
         <natureOfOwnership>
            <value>By ESOP</value>
            <footnoteId id="F1"/>
            <footnoteId id="F5"/>
         </natureOfOwnership>
      </ownershipNature>
   </nonDerivativeHolding>
   <nonDerivativeTransaction>
      <securityTitle>
         <value>Common Stock</value>
      </securityTitle>
      <transactionDate>
         <value>2003-08-16</value>
      </transactionDate>
      <transactionCoding>
         <transactionFormType>4</transactionFormType>
         <transactionCode>P</transactionCode>
         <equitySwapInvolved>0</equitySwapInvolved>
      </transactionCoding>
      <transactionAmounts>
         <transactionShares>
           <value>80000</value>
         </transactionShares>
         <transactionPricePerShare>
           <value>1.00</value>
         </transactionPricePerShare>
         <transactionAcquiredDisposedCode>
           <value>A</value>
         </transactionAcquiredDisposedCode>
      </transactionAmounts>
      <postTransactionAmounts>
         <sharesOwnedFollowingTransaction>
           <value>80000</value>
         </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
         <directOrIndirectOwnership>
            <value>I</value>
         </directOrIndirectOwnership>
         <natureOfOwnership>
            <value>By Corp</value>
            <footnoteId id="F4"/>
            <footnoteId id="F5"/>
         </natureOfOwnership>
      </ownershipNature>
   </nonDerivativeTransaction>
 </nonDerivativeTable>
   <footnotes>
      <footnote id="F1"> 28,371 Indirect by ESOP - Allocation to Reporting Person's account under the Issuer's employee stock ownership plan.</footnote>

      <footnote id="F2"> 39,600 Indirect by Trust -Reporting Person is co-trustee of the Trust of which he is primary beneficiary with respect to 1/5 of the assets held by the Trust and this report shall not be deemed an admission that Reporting Person is the beneficial owner thereof for purposes of Section 16, or for any other reason.</footnote>

      <footnote id="F3"> 1,958,757 Indirect by L.P. -Reporting Person holds a 31.158% limited partnership interest in Orpheus Capital, LP, is trustee of a trust that his mother is the primary beneficiary of that holds an additional 15.038%, and is co-trustee of the Trust which is the General Partner of Orpheus Capital, LP. This report shall not be deemed an admission that Reporting Person is the beneficial owner of the shares held by any of the trusts, the Trust or Orpheus Capital, LP for purposes of Section 16, or for any other reason</footnote>

      <footnote id="F4"> 80,000 Indirect by Corp - Private transaction in which the shares were purchased by a Corporation of which Reporting Person is 59.1% owner and 40.9% held by trusts for the benefit of others of which he is trustee.</footnote>

      <footnote id="F5"> Reporting Person disclaims beneficial ownership of the shares in respect of which he is not the trustee and primary beneficiary and this report shall not be deemed an admission that Reporting Person is the beneficial owner thereof for purposes of Section 16, or for any other reason.</footnote>
   </footnotes>
   <ownerSignature>
      <signatureName>Stephen L. Ranzini</signatureName>
      <signatureDate>2003-08-16</signatureDate>
   </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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