DELHI BANK CORP. EXTENDS STOCK REPURCHASE PROGRAM

FOR IMMEDIATE RELEASE DELHI BANK CORP. EXTENDS STOCK REPURCHASE PROGRAM Delhi, New York -- July 22, 2005. Delhi Bank Corp. (Pink Sheets: DWNX) today announced that on July 21, 2005 the Company's board of directors had authorized the continuation of the Company's stock repurchase program and has approved the repurchase of an additional 31,000 shares of the Company's common stock, which is equal to approximately 5% of the Company's outstanding shares. Repurchases, which will be conducted through open market purchases or privately negotiated transactions, will be made from time to time depending on market conditions and other factors. Repurchased shares will be held in treasury and will be available for the Company's employee stock ownership plans and its dividend reinvestment and optional cash purchase plan. According to Robert W. Armstrong, the Company's President and Chief Executive Officer, "Since the Company's implementation of the stock repurchase plan two years ago, we have repurchased approximately 32,500 shares, which equals approximately 5% of our common stock outstanding. We remain committed to enhancing overall stockholder value, and we view the continuation of our stock repurchase program as one of the significant ways we can accomplish this." Delhi Bank Corp. is a New York Chartered bank holding company headquartered in Delhi, New York. As of March 31, 2005, Delhi Bank Corp. had assets of $153.8 million and stockholders' equity of $14.4 million. CONTACT: Delhi Bank Corp. Robert W. Armstrong, President and Chief Executive Officer (607) 746-0730