FOR IMMEDIATE RELEASE
DELHI BANK CORP.
ANNOUNCES 14% INCREASE IN QUARTERLY CASH DIVIDEND
DELHI, N.Y., March 8, 2006 - Delhi Bank Corp. (PINKSHEETS: DWNX.PK) today announced that its Board of Directors, at a regularly scheduled meeting held on March 7, 2006, declared a first quarter 2006 cash dividend of $0.16 per share.
This quarterly cash dividend represents a 14% increase over the split adjusted $0.14 per share declared for the quarters ending June, September and December 2005. The dividend will be paid on or about April 14, 2006 to shareholders of record as of the close of business on March 31, 2006.
Delhi Bank Corp. is a New York Chartered bank holding company headquartered in Delhi, New York. As of December 31, 2005, Delhi Bank Corp. had assets of $149.5 million and Stockholders' equity of $14.4 million.
CONTACT: Delhi Bank Corp.
Robert W. Armstrong, President/CEO
(607) 746-0730