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  September 5, 2001
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Home > Company Index > Banking > Banking - Midwest > Dearborn Bancorp, Inc.

Dearborn Bancorp, Inc.
Nasdaq: DEAR
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 PROFILE
Frankly, my Dear(born), they do give a damn. Dearborn Bancorp is the holding company for Community Bank of Dearborn. Community Bank of Dearborn uses community involvement and telemarketing campaigns to market its products to local citizens and small businesses. The bank operates through four branches in Dearborn, Dearborn Heights, and Plymouth in suburban Detroit. The bank offers checking, savings, and money market accounts, as well as CDs. Community Bank of Dearborn's diversified lending strategy includes residential real estate (24% of the loan portfolio), commercial real estate (39%) and business loans (21%). The bank also provides a variety of consumer loans.

 COMPETITION
BANK ONE CORPORATION (ONE)
Huntington Bancshares Incorporated (HBAN)
National City Corporation (NCC)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 13.30
1-Yr. Sales Growth: 29.1%
Employees: 53
Revenue per employee: $250,943.40

 KEY PEOPLE
• John E. Demmer
    CEO
• Jeffrey L. Karafa
    CFO

 CONTACT INFO
22290 Michigan Ave.
Dearborn, MI 48124
US
Phone: 313-274-1000
Fax: 313-274-5050

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