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<P align="center" style="font-size: 14pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
<FONT style="font-size: 12pt">Washington, D.C. 20549
</FONT></B>

<P align="center" style="font-size: 18pt"><B>FORM 8-K</B>

<P align="center" style="font-size: 12pt"><B>CURRENT REPORT<BR>
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</B>

<P align="center" style="font-size: 10pt"><B>Date of Report (Date of earliest event reported): April 1, 2009</B>

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<P align="center" style="font-size: 24pt"><B>Corus Bankshares, Inc.<BR></B>
<FONT style="font-size: 10pt">(Exact name of registrant as specified in its charter)
</FONT>

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    <TD style="border-bottom: 1px solid #000000"><B>Minnesota</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000"><B>0-06136</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000"><B>41-0823592</B></TD>
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<TR valign="top">
    <TD>(State or other Jurisdiction of Incorporation)</TD>
    <TD>&nbsp;</TD>
    <TD>(Commission File Number)</TD>
    <TD>&nbsp;</TD>
    <TD>(IRS Employer Identification No.)</TD>
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    <TD style="border-bottom: 1px solid #000000"><B>3959 N. Lincoln Ave.<BR>Chicago, Illinois <BR></B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000"><B>60613</B></TD>
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<TR valign="top">
    <TD>(Address of Principal Executive Offices)</TD>
    <TD>&nbsp;</TD>
    <TD>(Zip Code)</TD>
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<P align="center" style="font-size: 10pt">Registrant&#146;s telephone number, including area code: <B>(773) 832-3088</B>


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    <TD nowrap>(Former name or former address if changed since last report.)</TD>
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<P align="left" style="font-size: 10pt">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:

<P align="left" style="font-size: 10pt">
<FONT face="Wingdings">&#111;</FONT> Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<BR><BR>
<FONT face="Wingdings">&#111;</FONT> Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<BR><BR>
<FONT face="Wingdings">&#111;</FONT> Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<BR><BR>
<FONT face="Wingdings">&#111;</FONT> Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<BR>


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<P align="justify" style="font-size: 10pt"><B>ITEM 3.01 NOTICE OF DELISTING OR FAILURE TO SATISFY A CONTINUED LISTING RULE OR STANDARD; TRANSFER OF LISTING.</B>


<P align="justify" style="font-size: 10pt">On April&nbsp;1, 2009, Corus Bankshares, Inc. (the &#147;Company&#148;) received a letter from Nasdaq (the &#147;Notice&#148;) indicating that
the Company failed to comply with the continued listing requirements set forth in Marketplace Rule&nbsp;4310(c)(14). The
Notice arises as a result of the Company&#146;s failure to timely file its Annual Report on Form 10-K for the fiscal year
ended December&nbsp;31, 2008, on or before March&nbsp;31, 2009.


<P align="justify" style="font-size: 10pt">On April&nbsp;7, 2009, the Company filed its Annual Report on Form 10-K for the fiscal year ended December&nbsp;31, 2008. As a
result of the filing, the Company received a letter from Nasdaq saying that it is now in compliance
with Marketplace Rule&nbsp;4310(c)(14).


<P align="justify" style="font-size: 10pt">A copy of the press release announcing this matter and announcing that our independent registered public accounting
firm&#146;s audit report included a going concern qualification is attached hereto as Exhibit&nbsp;99.1.


<P align="justify" style="font-size: 10pt"><B>ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.</B>


<P align="justify" style="font-size: 10pt">(d)&nbsp;Exhibits.

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    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Description</B></TD>
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<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">99.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Press release regarding Nasdaq notice and going concern qualification, dated April&nbsp;7, 2009</TD>
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<P align="center" style="font-size: 10pt; display: none">2
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<P align="center" style="font-size: 10pt"><B>SIGNATURE</B>



<P align="justify" style="font-size: 10pt">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.


<P align="justify" style="font-size: 10pt; margin-left: 46%">CORUS BANKSHARES, INC.
<BR>
(Registrant)


<P align="justify" style="font-size: 10pt; margin-left: 46%"><u>/s/ Robert J. Glickman&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u><BR>
Robert J. Glickman<BR>
Chief Executive Officer<BR>
(Duly Authorized Officer)


<P align="justify" style="font-size: 10pt">Date: April&nbsp;7, 2009

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<P align="center" style="font-size: 10pt"><B>EXHIBIT INDEX</B>


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    <TD nowrap align="left" style="border-bottom: 1px solid #000000"><B>Exhibit No.</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Description</B></TD>
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<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">99.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Press release regarding Nasdaq notice and going concern qualification, dated April&nbsp;7, 2009</TD>
</TR>
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Form 8-K
UNITED STATES
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): April 1, 2009
Corus Bankshares, Inc.
(Exact name of registrant as specified in its charter)
Minnesota
0-06136
41-0823592
(State or other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification No.)
3959 N. Lincoln Ave.
Chicago, Illinois
60613
(Address of Principal Executive Offices)
(Zip Code)
Registrant's telephone number, including area code:
(773) 832-3088
(Former name or former address if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
ITEM 3.01 NOTICE OF DELISTING OR FAILURE TO SATISFY A CONTINUED LISTING RULE OR STANDARD; TRANSFER OF LISTING.
On April 1, 2009, Corus Bankshares, Inc. (the "Company") received a letter from Nasdaq (the "Notice") indicating that
the Company failed to comply with the continued listing requirements set forth in Marketplace Rule 4310(c)(14). The
Notice arises as a result of the Company's failure to timely file its Annual Report on Form 10-K for the fiscal year
ended December 31, 2008, on or before March 31, 2009.
On April 7, 2009, the Company filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2008. As a
result of the filing, the Company received a letter from Nasdaq saying that it is now in compliance
with Marketplace Rule 4310(c)(14).
A copy of the press release announcing this matter and announcing that our independent registered public accounting
firm's audit report included a going concern qualification is attached hereto as Exhibit 99.1.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
(d) Exhibits.
Exhibit No.
Description
99.1
Press release regarding Nasdaq notice and going concern qualification, dated April 7, 2009
SIGNATURE
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.
CORUS BANKSHARES, INC.
(Registrant)
/s/ Robert J. Glickman
Robert J. Glickman
Chief Executive Officer
(Duly Authorized Officer)
Date: April 7, 2009
EXHIBIT INDEX
Exhibit No.
Description
99.1
Press release regarding Nasdaq notice and going concern qualification, dated April 7, 2009