Summary of DEARBORN BANCORP INC /MI/

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DEAR > SEC Filings for DEAR > Form 8-K on 5-Nov-2008

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Form 8-K for DEARBORN BANCORP INC /MI/

5-Nov-2008

Other Events

Item 8.01 Other Events
On November 5, 2008 the Registrant's Board of Directors approved a Stock Repurchase Program (the Program) by which the Program may repurchase up to and including 400,000 shares of outstanding common shares of the Corporation on the open market.
Any shares repurchased will be recorded as Treasury Stock and be available for sale at such time the Board so desires.

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