-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 IbM9dVS5hVqzjS1sZfhkk/cFYTFTecD+S9NpSDbBkSzhvA3EjNaEjL6ch5/D/k8U
 DloK4yCsYNJ5JiBccZJzpQ==

<SEC-DOCUMENT>0001005477-03-003252.txt : 20030806
<SEC-HEADER>0001005477-03-003252.hdr.sgml : 20030806
<ACCEPTANCE-DATETIME>20030806155805
ACCESSION NUMBER:		0001005477-03-003252
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030805
FILED AS OF DATE:		20030806

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			MCGINN TIMOTHY M
		CENTRAL INDEX KEY:			0001187310

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-24433
		FILM NUMBER:		03826311

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

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
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgar123.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType>
    <periodOfReport>2003-08-05</periodOfReport>
    <notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0000917331</issuerCik>
        <issuerName>POINTE FINANCIAL CORP</issuerName>
        <issuerTradingSymbol>PNTE</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001187310</rptOwnerCik>
            <rptOwnerName>MCGINN TIMOTHY M</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>21845 POWERLINE ROAD</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>BOCA RATON</rptOwnerCity>
            <rptOwnerState>FL</rptOwnerState>
            <rptOwnerZipCode>33433</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
        <isDirector>1</isDirector>
        <isOfficer>1</isOfficer>
        <isTenPercentOwner>0</isTenPercentOwner>
        <isOther>0</isOther>
        <officerTitle>Vice Chairman</officerTitle>
    </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>

        <securityTitle>
            <value>Common Stock</value>
        </securityTitle>

        <transactionDate>
            <value>2003-08-05</value>
        </transactionDate>

        <deemedExecutionDate>
            <value>2003-08-05</value>
        </deemedExecutionDate>
    <transactionCoding>
        <transactionFormType>4</transactionFormType>
        <transactionCode>S</transactionCode>
        <equitySwapInvolved>0</equitySwapInvolved>
    </transactionCoding>
        <transactionAmounts>

            <transactionShares>
                <value>500</value>
            </transactionShares>

            <transactionPricePerShare>
                <value>20.00</value>
            </transactionPricePerShare>

            <transactionAcquiredDisposedCode>
                <value>D</value>
            </transactionAcquiredDisposedCode>
        </transactionAmounts>
        <postTransactionAmounts>

            <sharesOwnedFollowingTransaction>
                <value>49642</value>
            </sharesOwnedFollowingTransaction>
        </postTransactionAmounts>
        <ownershipNature>

            <directOrIndirectOwnership>
                <value>I</value>
                <footnoteId id="F1"/>
            </directOrIndirectOwnership>

            <natureOfOwnership>
                <value>Corporations/Family</value>
            </natureOfOwnership>
        </ownershipNature>
        </nonDerivativeTransaction>

    </nonDerivativeTable>
    <derivativeTable>
        <derivativeHolding>

        <securityTitle>
            <value>Option (right to buy)</value>
        </securityTitle>

        <conversionOrExercisePrice>
            <value>15.375</value>
        </conversionOrExercisePrice>

        <exerciseDate>
            <value>1998-07-01</value>
        </exerciseDate>

        <expirationDate>
            <value>2008-07-01</value>
        </expirationDate>
        <underlyingSecurity>

            <underlyingSecurityTitle>
                <value>Common Stock</value>
            </underlyingSecurityTitle>

            <underlyingSecurityShares>
                <value>1000</value>
            </underlyingSecurityShares>
        </underlyingSecurity>
        <postTransactionAmounts>

            <sharesOwnedFollowingTransaction>
                <value>1000</value>
            </sharesOwnedFollowingTransaction>
        </postTransactionAmounts>
        <ownershipNature>

            <directOrIndirectOwnership>
                <value>D</value>
                <footnoteId id="F2"/>
            </directOrIndirectOwnership>
        </ownershipNature>
        </derivativeHolding>

        <derivativeHolding>

        <securityTitle>
            <value>Option (right to buy)</value>
        </securityTitle>

        <conversionOrExercisePrice>
            <value>9.750</value>
        </conversionOrExercisePrice>

        <exerciseDate>
            <value>1999-04-16</value>
        </exerciseDate>

        <expirationDate>
            <value>2009-04-16</value>
        </expirationDate>
        <underlyingSecurity>

            <underlyingSecurityTitle>
                <value>Common Stock</value>
            </underlyingSecurityTitle>

            <underlyingSecurityShares>
                <value>1000</value>
            </underlyingSecurityShares>
        </underlyingSecurity>
        <postTransactionAmounts>

            <sharesOwnedFollowingTransaction>
                <value>1000</value>
            </sharesOwnedFollowingTransaction>
        </postTransactionAmounts>
        <ownershipNature>

            <directOrIndirectOwnership>
                <value>D</value>
                <footnoteId id="F2"/>
            </directOrIndirectOwnership>
        </ownershipNature>
        </derivativeHolding>

        <derivativeHolding>

        <securityTitle>
            <value>Option (right to buy)</value>
        </securityTitle>

        <conversionOrExercisePrice>
            <value>9.000</value>
        </conversionOrExercisePrice>

        <exerciseDate>
            <value>2000-04-28</value>
        </exerciseDate>

        <expirationDate>
            <value>2010-04-28</value>
        </expirationDate>
        <underlyingSecurity>

            <underlyingSecurityTitle>
                <value>Common Stock</value>
            </underlyingSecurityTitle>

            <underlyingSecurityShares>
                <value>1000</value>
            </underlyingSecurityShares>
        </underlyingSecurity>
        <postTransactionAmounts>

            <sharesOwnedFollowingTransaction>
                <value>1000</value>
            </sharesOwnedFollowingTransaction>
        </postTransactionAmounts>
        <ownershipNature>

            <directOrIndirectOwnership>
                <value>D</value>
                <footnoteId id="F2"/>
            </directOrIndirectOwnership>
        </ownershipNature>
        </derivativeHolding>

        <derivativeHolding>

        <securityTitle>
            <value>Option (right to buy)</value>
        </securityTitle>

        <conversionOrExercisePrice>
            <value>11.250</value>
        </conversionOrExercisePrice>

        <exerciseDate>
            <value>2001-04-27</value>
        </exerciseDate>

        <expirationDate>
            <value>2011-04-27</value>
        </expirationDate>
        <underlyingSecurity>

            <underlyingSecurityTitle>
                <value>Common Stock</value>
            </underlyingSecurityTitle>

            <underlyingSecurityShares>
                <value>2000</value>
            </underlyingSecurityShares>
        </underlyingSecurity>
        <postTransactionAmounts>

            <sharesOwnedFollowingTransaction>
                <value>2000</value>
            </sharesOwnedFollowingTransaction>
        </postTransactionAmounts>
        <ownershipNature>

            <directOrIndirectOwnership>
                <value>D</value>
                <footnoteId id="F2"/>
            </directOrIndirectOwnership>
        </ownershipNature>
        </derivativeHolding>

        <derivativeHolding>

        <securityTitle>
            <value>Option (right to buy)</value>
        </securityTitle>

        <conversionOrExercisePrice>
            <value>14.750</value>
        </conversionOrExercisePrice>

        <exerciseDate>
            <value>2002-04-26</value>
        </exerciseDate>

        <expirationDate>
            <value>2012-04-26</value>
        </expirationDate>
        <underlyingSecurity>

            <underlyingSecurityTitle>
                <value>Common Stock</value>
            </underlyingSecurityTitle>

            <underlyingSecurityShares>
                <value>2000</value>
            </underlyingSecurityShares>
        </underlyingSecurity>
        <postTransactionAmounts>

            <sharesOwnedFollowingTransaction>
                <value>2000</value>
            </sharesOwnedFollowingTransaction>
        </postTransactionAmounts>
        <ownershipNature>

            <directOrIndirectOwnership>
                <value>D</value>
                <footnoteId id="F2"/>
            </directOrIndirectOwnership>
        </ownershipNature>
        </derivativeHolding>

        <derivativeHolding>

        <securityTitle>
            <value>Option (right to buy)</value>
        </securityTitle>

        <conversionOrExercisePrice>
            <value>16.300</value>
        </conversionOrExercisePrice>

        <exerciseDate>
            <value>2003-04-25</value>
        </exerciseDate>

        <expirationDate>
            <value>2013-04-25</value>
        </expirationDate>
        <underlyingSecurity>

            <underlyingSecurityTitle>
                <value>Common Stock</value>
            </underlyingSecurityTitle>

            <underlyingSecurityShares>
                <value>5000</value>
            </underlyingSecurityShares>
        </underlyingSecurity>
        <postTransactionAmounts>

            <sharesOwnedFollowingTransaction>
                <value>5000</value>
            </sharesOwnedFollowingTransaction>
        </postTransactionAmounts>
        <ownershipNature>

            <directOrIndirectOwnership>
                <value>D</value>
                <footnoteId id="F2"/>
            </directOrIndirectOwnership>
        </ownershipNature>
        </derivativeHolding>

    </derivativeTable>
    <footnotes>
        <footnote id="F1">The number of shares held indirectly are 34,103.  Of these
shares, 31,603 are held by various corporations owned in
part by Mr. McGinn.  The number of shares held directly are
15,539; 6,615 shares are held jointly with Mr. McGinn's
wife.</footnote>
        <footnote id="F2">The number of derivative securities held directly are 12,000.  These securities were granted pursuant to the
Pointe Financial Corporation 1998 Incentive Compensation
and Stock Award Plan.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ R. Carl Palmer, Jr., by Power of Attorney</signatureName>
        <signatureDate>2003-08-06</signatureDate>
    </ownerSignature>

</ownershipDocument>

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