8-K

                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

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

       Date of Report (Date of Earliest Event Reported): November 18, 2003

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


                             DEARBORN BANCORP, INC.
             (Exact name of registrant as specified in its charter)

                       22290 Michigan Avenue, Dearborn, MI
                    (Address of Principal Executive Offices)

                                      48124
                                   (Zip Code)

                                 (313) 274-1000
              (Registrant's Telephone Number, Including Area Code)





Item 5. Other Events

On November 18, 2003, the Registrant declared a stock dividend of one share of
it's common, non-assessable stock for each 20 shares owned by each stockholder
of record as of the close of business December 5, 2003. A copy of the press
release announcing the stock dividend is attached to this document as exhibit
99.1.


Item 7.      Exhibits

99.1         Press Release dated November 19, 2003, announcing Dearborn Bancorp,
             Inc.'s declaration of a stock dividend.


                                 SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.



                             Dearborn Bancorp, Inc.
                                  (Registrant)





                              /s/ Jeffrey L. Karafa
                        -------------------------------
                               Jeffrey L. Karafa
                      Treasurer and Chief Financial Officer




Date:  November 19, 2003









                                  EXHIBIT INDEX


Exhibit No.       Description

99.1              Press Release dated November 19, 2003, announcing Dearborn
                  Bancorp, Inc.'s declaration of a stock dividend.

EX-99.1

NEWS FROM ...                                           DEARBORN BANCORP, INC.
                                                         22290 Michigan Avenue
                                                     Dearborn, Michigan  48124


Contact: Michael J. Ross, President & CEO or Jeffrey Karafa, CFO
         at (313) 565-5700



             DEARBORN BANCORP ANNOUNCES FIVE PERCENT STOCK DIVIDEND

         Dearborn, Michigan, November 19, 2003 ... Dearborn Bancorp, Inc.
(Nasdaq: DEAR), the holding company for Community Bank of Dearborn, has declared
a stock dividend of one share of its common, non-assessable stock for each 20
shares owned by each stockholder of record as of the close of business December
5, 2003. The stock dividend will be distributed on December 19, 2003.

         If a stockholder is entitled to a fractional share, the fractional
share will not be given and no cash payment will be made in lieu of the
fractional share.

         John E. Demmer, Chairman of the Board, announced the stock dividend and
said "We are happy to present our shareholders with this sixth consecutive
semi-annual stock dividend. It is a reflection of our asset growth and increased
earnings."

Dearborn Bancorp, Inc. is a registered bank holding company whose subsidiary
Community Bank of Dearborn has offices in Dearborn, Dearborn Heights, Plymouth
Township, Canton Township, Clinton Township, Southgate and Auburn Hills in the
state of Michigan. Dearborn Bancorp, Inc. common stock trades on the Nasdaq
National Market under the symbol DEAR.