ANN ARBOR, MI / ACCESSWIRE / June 17, 2019 / University Bancorp, Inc. (OTCQB: UNIB) announced that it had an unaudited net loss attributable to University Bancorp, Inc. common stock shareholders in 1Q2019 of $735,428, $0.14 per share on average shares outstanding of 5,202,899 for the first quarter, versus an unaudited net income of $625,427, $0.12 per share on average shares outstanding of 5,200,899 for 1Q2018. For the 12 months ended March 31, 2019, net income was $869,491, $0.17 per share on average shares outstanding of 5,201,906 for the period. For the first three months of 2019 minority expense of $90,256 was incurred.
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