~~UNITED STATES~~ SECURITIES AND EXCHANGE ~~COMMISSION~~ COMMISSION

~~Washington~~WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the ~~Securities Exchange Act of 1934~~

~~Date~~Securities ofExchange ~~Report~~Act ~~(Date~~ of ~~earliest~~1934 ~~event reported): August 16, 2011~~

Date of Report (Date of Earliest Event Reported): October 26, 2011


000-24478		38-3073622
(Commission File No.)		(IRS Employer Identification No.)

DEARBORN BANCORP, INC.

(Exact name of registrant as specified in its charter)

Michigan		000-24478		38-3073622
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

1360 Porter Street, Dearborn, MI

~~1360~~(Address ~~Porter~~of ~~Street Dearborn,~~Principal MIExecutive ~~48034~~Offices)

~~(Address~~48124 ~~of principal executive offices)~~

~~Registrant’s telephone number:~~ (~~313~~Zip Code) ~~565-5700~~

~~Check~~(313) ~~the appropriate box below if the Form 8~~565-K5700 ~~is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:~~

o(Registrant’s ~~Written~~Telephone ~~communications~~Number, ~~pursuant~~Including toArea ~~Rule~~Code) ~~425 under the Securities Act~~

oCheck ~~Soliciting~~the ~~material~~appropriate ~~pursuant~~box tobelow ~~Rule~~if ~~14a~~the Form 8-12K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the ~~Exchange~~following ~~Act~~provisions:

o¨ ~~Pre-commencement~~Written communications pursuant to Rule ~~14d-2(b)~~425 under the ~~Exchange~~Securities Act (17 CFR 230.425)

o¨ ~~Pre-commencement~~Soliciting ~~communications~~material pursuant to Rule ~~13e~~14a-~~4(c)~~12 under the Exchange Act (17 CFR 240.14a-12)

~~Item~~¨ ~~3.01.~~Pre-commencement ~~Notice~~communications ofpursuant ~~Delisting or Failure~~ to ~~Satisfy~~Rule a14d-2(b) ~~Continued~~under ~~Listing~~the ~~Rule~~Exchange orAct ~~Standard;~~(17 ~~Transfer~~CFR ~~of Listing~~240.14d-2(b))

On¨ ~~August 18,~~Pre-commencement ~~2011,~~communications ~~Dearborn~~pursuant ~~Bancorp,~~to ~~Inc.~~Rule 13e-4(~~the “Company”) received a letter from The Nasdaq Stock Market (“Nasdaq”) stating that the Company is not in compliance with Nasdaq Listing Rule 5250(~~c)~~(1)~~ ~~because~~under the ~~Company did not timely file its Quarterly Report on Form 10-Q for the period ended June 30, 2011 with the Securities and~~ Exchange ~~Commission~~Act (~~the “SEC”). The Company has 60 calendar days (or until October~~ 17, ~~2011)~~CFR ~~to submit a plan to regain compliance~~240. ~~If Nasdaq accepts the Company’s plan, then Nasdaq may provide the Company with up to 180 calendar days from the due date of the initial delinquent filing~~ 13e-4(~~or until February 18, 2011~~c) to regain compliance. If Nasdaq does not accept the Company’s plan, the Company will have the opportunity to appeal that decision to a Hearings Panel. The Company intends to timely submit a compliance plan to Nasdaq. The Nasdaq notification has no effect on the listing of the Company’s common stock at this time. )

~~On August~~Item ~~19,~~3.01. ~~2011,~~Notice ~~the Company issued a press release announcing the receipt~~ of ~~the~~Delisting ~~August 18,~~or ~~2011~~Failure ~~Nasdaq~~to ~~letter.~~Satisfy Aa ~~copy~~Continued ofListing ~~the~~Rule ~~press~~or ~~release~~Standard; ~~is attached hereto as Exhibit 99.1 and~~Transfer ~~incorporated~~for ~~herein by reference~~Listing.

~~Item~~On 8October 26, 2011, Dearborn Bancorp, Inc.01 ~~Other~~(the ~~Events~~“Company”) received written notice from The Nasdaq Stock Market (“Nasdaq”) notifying the Company that it is currently not in compliance with Nasdaq’s continued listing requirement under Marketplace Rule 5450(a)(1) (the “Bid Price Rule”) because the bid price for its common stock has closed below $1.00 per share for 30 consecutive business days. In accordance with Marketplace Rule 5810(c)(3)(A), the Company has until April 23, 2012 to regain compliance with the Bid Price Rule or be subject to delisting from the Nasdaq Global Select Market. If, prior to April 23, 2012, the bid price of the Company’s common stock closes at $1.00 per share or higher for at least 10 consecutive business days, the Company may regain compliance with the Bid Price Rule and not be subject to delisting at that time.

~~The~~If ~~Federal~~compliance ~~Deposit~~with ~~Insurance Corporation (~~the ~~“FDIC”)~~Bid isPrice ~~currently~~Rule ~~performing~~cannot ~~the~~be ~~annual examination~~established ofprior ~~Fidelity~~to ~~Bank, the wholly-owned subsidiary of the Company. On August~~April 1623, ~~2011~~2012, ~~the~~ ~~Company determined that until~~ the ~~FDIC~~Company’s ~~has~~common ~~completed~~stock ~~its~~will ~~examination~~be ~~and~~subject ~~the~~to ~~Company~~delisting ~~has~~from ~~fully assessed~~ the ~~impact~~Nasdaq ofGlobal ~~the~~Select ~~information~~Market. ~~provided~~The byCompany ~~the~~may, ~~FDIC~~however, ~~and~~be ~~engaged~~eligible infor an additional ~~discussions with~~grace ~~its~~period ~~regulators,~~if it ~~cannot~~satisfies ~~reasonably~~the ~~determine~~initial orlisting ~~estimate~~standards ~~its~~(with ~~financial~~the ~~results~~exception orof ~~finalize~~the Bid ~~its~~Price ~~Quarterly~~Rule) ~~Report~~for listing on ~~Form~~The ~~10-Q~~Nasdaq ~~for~~Capital ~~the~~Market, ~~three~~and ~~months~~it ~~ended~~submits ~~June 30,~~a ~~2011.~~timely Asapplication ~~such,~~to ~~the~~Nasdaq ~~financial information~~to ~~for~~transfer the ~~quarterly~~listing ~~period~~of ~~ended~~its ~~June 30,~~common ~~2011~~stock ~~contained~~to in the ~~Company’s~~Nasdaq ~~Current~~Capital ~~Report on~~Market. ~~Form~~The ~~8-K~~Company ~~and~~will ~~Press~~continue ~~Release~~to ~~filed~~evaluate its options with ~~the~~respect ~~Securities~~to maintaining ~~and~~the ~~Exchange~~listing ~~Commission~~of onits ~~July 19,~~common ~~2011 should~~stock ~~not~~on bethe ~~relied~~Nasdaq ~~upon~~stock market.

Item 9.01. Financial Statements and Exhibits

99.1 Press Release dated August 19, 2011

SIGNATURES

InPursuant ~~accordance~~to ~~with~~the ~~Section 13~~requirements ~~or 15(d)~~ of the Securities Exchange Act of 1934, the ~~registrant~~ Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	DEARBORN BANCORP, INC.
Dated: August 19, 2011	By:	/s/ Jeffrey L. Karafa
		Name:	Jeffrey L. Karafa
		Title:	Treasurer and Chief Financial Officer

Dearborn Bancorp, Inc.

3 (Registrant)

/s/ Jeffrey L. Karafa

Jeffrey L. Karafa

Treasurer and Chief Financial Officer

Date: October 27, 2011

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