-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 KxreX9RZVwCwYXRqNuX6pzUpzfRg7OBckbABg5HHez2Gr5001D/WiwBAQ4c17TNN
 UmNLSnoBG/P/rtVeP7fNzQ==

<SEC-DOCUMENT>0001005477-03-000560.txt : 20030508
<SEC-HEADER>0001005477-03-000560.hdr.sgml : 20030508
<ACCEPTANCE-DATETIME>20030508163121
ACCESSION NUMBER:		0001005477-03-000560
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030507
FILED AS OF DATE:		20030508

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			POINTE FINANCIAL CORP
		CENTRAL INDEX KEY:			0000917331
		STANDARD INDUSTRIAL CLASSIFICATION:	STATE COMMERCIAL BANKS [6022]
		IRS NUMBER:				650451402
		STATE OF INCORPORATION:			FL
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		21845 POWERLINE RD
		CITY:			BOCA RATON
		STATE:			FL
		ZIP:			33433
		BUSINESS PHONE:		4073686300

	MAIL ADDRESS:	
		STREET 1:		21845 POWERLINE RD
		CITY:			BOCA RATON
		STATE:			FL
		ZIP:			33433

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			MASSRY MORRIS
		CENTRAL INDEX KEY:			0000924754

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-24433
		FILM NUMBER:		03688366

	BUSINESS ADDRESS:	
		STREET 1:		2 TOWER PLACE
		STREET 2:		-
		CITY:			ALBANY
		STATE:			NY
		ZIP:			12203
		BUSINESS PHONE:		5184588500

	MAIL ADDRESS:	
		STREET 1:		2 COBBLEHILL ROAD
		CITY:			LOUDONVILLE
		STATE:			NY
		ZIP:			12211
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgar123.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0101</schemaVersion>

<documentType>4</documentType>
    <periodOfReport>2003-05-07</periodOfReport>
    <notSubjectToSection16>0</notSubjectToSection16>
<issuer>        <issuerCik>0000917331</issuerCik>
        <issuerName>POINTE FINANCIAL CORP</issuerName>
<issuerTradingSymbol>PNTE</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
    <reportingOwnerId>
        <rptOwnerCik>0000924754</rptOwnerCik>
            <rptOwnerName>MASSRY MORRIS</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>  </rptOwnerStreet1>
            <rptOwnerStreet2>  </rptOwnerStreet2>
            <rptOwnerCity>  </rptOwnerCity>
            <rptOwnerState>  </rptOwnerState>
            <rptOwnerZipCode>  </rptOwnerZipCode>
        </reportingOwnerAddress>
<reportingOwnerRelationship>
        <isDirector>1</isDirector>
        <isOfficer>0</isOfficer>
        <isTenPercentOwner>1</isTenPercentOwner>
        <isOther>0</isOther>
    </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeSecurity>
        <securityTitle>
            <value>Common Stock</value>
        </securityTitle>
        <transactionDate>
            <value>2003-05-07</value>
        </transactionDate>
        <deemedExecutionDate>
            <value>2003-05-07</value>
        </deemedExecutionDate>
    <transactionCoding>
        <transactionFormType>4</transactionFormType>
        <transactionCode>M</transactionCode>
        <equitySwapInvolved>0</equitySwapInvolved>
    </transactionCoding>
        <transactionAmounts>
            <transactionShares>
                <value>918</value>
            </transactionShares>
            <transactionValue>
                <value>15.375</value>
            </transactionValue>
            <transactionAcquiredDisposedCode>
                <value>A</value>
            </transactionAcquiredDisposedCode>
        </transactionAmounts>
        <postTransactionAmounts>
            <sharesOwnedFollowingTransaction>
                <value>262072</value>
            </sharesOwnedFollowingTransaction>
        </postTransactionAmounts>
        <ownershipNature>
            <directOrIndirectOwnership>
                <value>D</value>
            </directOrIndirectOwnership>
        </ownershipNature>
    </nonDerivativeSecurity>

    <derivativeSecurity>
        <securityTitle>
            <value>Option (right to buy)</value>
        </securityTitle>
        <conversionOrExercisePrice>
            <value>15.375</value>
        </conversionOrExercisePrice>
        <transactionDate>
            <value>2003-05-07</value>
        </transactionDate>
        <deemedExecutionDate>
            <value>2003-05-07</value>
        </deemedExecutionDate>
    <transactionCoding>
        <transactionFormType>4</transactionFormType>
        <transactionCode>M</transactionCode>
        <equitySwapInvolved>0</equitySwapInvolved>
    </transactionCoding>
        <transactionAmounts>
            <transactionShares>
                <value>918</value>
            </transactionShares>
            <transactionValue>
                <value>15.375</value>
            </transactionValue>
            <transactionAcquiredDisposedCode>
                <value>D</value>
            </transactionAcquiredDisposedCode>
        </transactionAmounts>
        <exerciseDate>
            <value>1998-07-01</value>
        </exerciseDate>
        <expirationDate>
            <value>2003-07-01</value>
        </expirationDate>
        <underlyingSecurity>
            <underlyingSecurityTitle>
                <value>Common Stock</value>
            </underlyingSecurityTitle>
            <underlyingSecurityShares>
                <value>918</value>
            </underlyingSecurityShares>
        </underlyingSecurity>
        <postTransactionAmounts>
            <sharesOwnedFollowingTransaction>
                <value>11999</value>
            </sharesOwnedFollowingTransaction>
        </postTransactionAmounts>
        <ownershipNature>
            <directOrIndirectOwnership>
                <value>D</value>
            </directOrIndirectOwnership>
        </ownershipNature>
    </derivativeSecurity>

    <ownerSignature>
        <signatureName>/s/ R. Carl Palmer, Jr.</signatureName>
        <signatureDate>2003-05-08</signatureDate>
    </ownerSignature>

</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----